Month: February 2021

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

We are pleased to announce our next AMA on February 20th, 2021 at 11:00 AM UTC Time: Satoshi Club Russian x Mdex

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Russian Satoshi Club Telegram group
👉 Join Mdex Telegram group

We will have the following structure:

Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Mdex Team will select 5 questions and answer them.

For more details:
Mdex – @MDEXRUSSIA
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from GG Dapp and our guest was Miguel – the founder of the GGDapp project. The AMA took place on 18 February.

The total reward pool was 600$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with GG Dapp! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Hello, dear Satoshi Clubbers and GG Dapp!😊

Gold Rocket | Satoshi Club:
Today our guest is @Migueldgomes!

Miguel:
Hello Satoshi Club! Great to be here, thanks for the invite!

Gold Rocket | Satoshi Club:
Welcome to Satoshi Club @Migueldgomes!😊

Mary | Satoshi Club:
Hi, Miguel! Happy to see you here! How’s going?

Miguel:
Hi all! Great, thank you! Once again thanks for the invite to be here, a great community!

Gold Rocket | Satoshi Club:
To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto and GG Dapp.

Miguel:
Sure, so I’m a computer engineer and avid gamer from Lisbon, Portugal, and the co-founder of Tokenwised, a startup focused on blockchain gaming/gamification. I’m also the founder of the GGDapp project. I’ve been working in Blockchain since 2018, began in a startup in Berlin, and was later invited to lead a new Blockchain team in a Portuguese tech company.

Miguel:
Last year I decided to focus on my own projects and start Tokenwised with a friend and ex-colleague.

Miguel:
We’re based in Lisbon, Portugal

Mary | Satoshi Club:
Nice place 😉 all team members are from Portugal?

Miguel:
3 from them are, one is from Greece, but living in Berlin 😊

Mary | Satoshi Club:
Got it! Does everyone have experience in the game industry as I understand?

Gold Rocket | Satoshi Club:
International team👍

Miguel:
Yes, as I said I’m a computer engineer and I’m working in blockchain since 2018, then we have Carlos, our full-stack engineer, Apostolos focused on the business part who also worked with me in a blockchain startup, and finally Hugo who is our gamer ‘evangelist’ (lots of connections in the gaming world).

Gold Rocket | Satoshi Club:
So.. What is this project GG Dapp? What goals and objectives do you set for yourself?

Miguel: GG Dapp is an upcoming blockchain gaming platform, and DeFi ecosystem, that rewards all who help a game to be a success: Players, Developers, and Liquidity Providers. All these 3 actors can earn our GG Token ($GGTK) and then stake it to earn more and buy gaming NFTs with it.

In the beginning, we will integrate our own games/gaming platforms, all with the focus on NFTs and play-to-earn model, but it will be open to external games too. It’s based on the Ethereum and also using Matic L2 sidechain (Matic is one of our partners).

We’re already developing 2 gaming projects, one of them is Pirates 2048, a retro/futuristic pirate ship battle game, inspired in Waterworld – Beta here: https://pirates2048.com

The other is Simthunder by SimracerCoin, a sim racing assets marketplace and management game – https://simracercoin.org – that we are developing in partnership with Cartesi. Later this year will start a 3rd one, a futuristic soccer manager.

Don’t forget to check it all on our site – https://ggdapp.com 😉

Mary | Satoshi Club:
Of course! You’re in beta, as I see or I am wrong?

Miguel:
One of our games yes, Pirates 2048, one of the first 2 that will be integrated. GG Dapp will feature our games but will also be open to external ones.

Gold Rocket | Satoshi Club:
Thanks for sharing 😊
Do you have many partners? If this is not a top-secret of course 😉

Miguel:
Yes we’re partnered in Polygon (Matic) both in the development of Pirates 2048 and GG Dapp itself, we’re partnered with Cartesi in the development of Simthunder marketplace and game and we’re also working with Arkane testing their NFT marketplace and will use their onboarding system too.

Gold Rocket | Satoshi Club:
Thanks a lot for the intro! 😊
Are you ready to proceed to the questions from Satoshi Club community?

Miguel:
You’re welcome! Yes, sure 😉

Q1 from Telegram user @wahibur04
I encountered several projects that were almost the same, with game backgrounds, and some even gave prizes to players who either lost or won. So what’s really special here, that players and investors will choose GG Dapp?

Miguel:
In our case we want more, we want to build a gaming ecosystem that not only rewards players but also the developers and investors (liquidity providers).

Liquidity Providers (LP’s) will be rewarded with GGTK when they contribute to the liquidity pools.

Developers will have access to a player engagement mechanism that will allow them to promote their game. In addition, they will be rewarded with GGTK from their game activity.

And gamers will be rewarded for their time and skills.

Mary | Satoshi Club:
Do you have any program for game developers who want to join your platform?

Miguel:
We will have it once the platform is fully developed. At the moment our focus is to finish the first 2 gaming integrations and the GG Dapp itself.

Mary | Satoshi Club:
Got it! Btw, will your beta users get rewarded?

Miguel:
External developers will be able to integrate their games into the ecosystem and get rewarded with GGTK for their game activity

Yes, at the moment, for the Pirates 2048 Beta testers we are doing tournaments with prizes.

Mary | Satoshi Club:
Great! So, it’s not too late to join?

Miguel:
Of course not, it’s very early indeed, we are still a small community and we’re really excited about what we’re building and what’s coming 😉

Mary | Satoshi Club:
Satoshiclubbers 😉 you still have a chance 👍

Gold Rocket | Satoshi Club:
Thanks for your answers! Do you want to add something, or can we proceed to the next question?😊

Miguel:
Also being part of Matic and Cartesi ecosystem gives us a great opportunity.

We can proceed 😉

Mary | Satoshi Club:
Sure👏 it’s a real pleasure 👍

Q2 from Telegram user @stevefix56
GG DAPP program talks about rewarding users through tokenizing and selling of your gaming achievements. Will this apply to all GG Dapp gaming platforms like the soccer manager. How are these achievements quantified to attract buyers? Looking at the arrival of your soccer manager, what are the possible features expected to yield more rewards for users?

Miguel:
At the core of all our games will be the crypto-collectibles, the NFT that you will be able to earn. Besides that, you’ll be able to earn each game crypto will playing and then stake it to earn GGTK. This GGTK can then also be staked to earn from all the games in the ecosystem, a kind of revenue-sharing economy.

Mary | Satoshi Club:
Will these NFTs be available for trading? If yes, where?

Miguel:
Regarding the soccer manager, it will be interesting and different from others because it will also be futuristic, of course, there will be the collectible player NFTs and some interesting features that we can’t reveal yet😉

Miguel:
Yes, of course, you’ll be able to trade our NFTs in the existent marketplaces, like OpenSea and later we plan to also have our own marketplace.

Mary | Satoshi Club:
Good plans, do they included in your roadmap?

Miguel:
Yes, most of what I mentioned is in the roadmap, except the soccer manager. We plan to do a pre-sale this year but still not sure about the launch date yet.

Gold Rocket | Satoshi Club:
Do you already have a ready nft? Share with us, please!

Mary | Satoshi Club:
Why? Almost all projects in a hurry to launch as soon as possible 😂

Miguel:
Yes we do have but still in Matic (Polygon) testnet, soon we’ll have them in production 😉

Miguel:
Both in Ethereum main and Matic.

Gold Rocket | Satoshi Club:
Please don’t forget to show Satoshi to Clubbers! 😉

Miguel:
The first NFTs will be from our game Pirates 2048.

Miguel:
And will be the pirate characters and pieces of art from the survivors.

Mary | Satoshi Club:
We are excited to see it! Hope it will be possible soon👍

Miguel:
Yes very soon I can tell you 😉

Mary | Satoshi Club:
Ok😉 Ready to proceed?

Miguel:
Sure!

Q3 from Telegram user @Arisabela
There’s a special topic on your website about receiving passive incomes more than banking deposits without intermediaries, how exactly will the users be able to have a passive entry of tokens, and can these incomes be withdrawn at any time?

Miguel:
I guess the user it’s referring to the staking system. Using GG Dapp staking system you will be able to stake your GG Tokens (GGTK) to earn from all the games and gaming platforms that will be part of the ecosystem.

Mary | Satoshi Club:
To stake users will have to deposit Tokens on your platform, right?

Gold Rocket | Satoshi Club:
What is the best pool for today? 😉

Miguel:
And yes they can be withdrawn at any time.

Miguel:
Yes, they will have to deposit their GGTK in the platform and then the earnings from all the games are distributed between all the members of the pool, according to their percentages.

Mary | Satoshi Club:
What about your platform safety?

Miguel:
The best one must be GGTK Uniswap pool 😉 https://info.uniswap.org/token/0xfa99a87b14b02e2240c79240c5a20f945ca5ef76

Gold Rocket | Satoshi Club:
What period for unstake?

Miguel:
We’re using pre-audited smart contracts whenever is possible and for all the others we will request an audit before moving them to production.

Mary | Satoshi Club:
Gotcha! We will wait for a full audit👍

Miguel:
That will still be decided.

Gold Rocket | Satoshi Club:
Everything is clear to me! ready for the next question?😉

Miguel:
Yes, let’s do it😉

Q4 from Telegram user @lzamg
One of the goals of GG Dapp is to make the platform accessible for non-crypto users, but can you explain exactly how you will accomplish that? What are you going to do differently from other gaming platforms that attract more non-crypto users and make the project more understandable for them?

Miguel:
First, we will focus on simple but fun game formats and make the onboarding as easy as possible for non-crypto users. We’re already exploring solutions like Arkane – https://arkane.network/ – to accomplish that, for example enabling users to login from their social networks if they prefer, in the case they are not used to deal with crypto wallets and so on.

Mary | Satoshi Club:
Is it possible to play games on phones or just using laptop?

Miguel:
Also, we will put a lot of attention on all of our games UX so it’s easy to use and understandable for all, especially the non-crypto users.

Miguel:
Right now our early Beta that is available in the case of Pirates 2048 is possible to play using laptop. Using mobile is possible too but it’s not optimized at all yet for that, I wouldn’t recommend 😉

Mary | Satoshi Club:
Understand 😂

Miguel:
But yes we want to also put a focus in mobile, in all our games.

Mary | Satoshi Club:
Yes, this should bring your more users😉

Miguel:
Yes for sure!

Gold Rocket | Satoshi Club:
Is there a full-fledged mobile app for games planned?

Gold Rocket | Satoshi Club:
In future😉

Miguel:
Yes, the plan is to optimize GG Dapp and its games both for desktop and mobile.

Gold Rocket | Satoshi Club:
Great plan!👍😁

Mary | Satoshi Club:
Ready for the next question or you want to add something?😉

Gold Rocket | Satoshi Club:
And we, according to the plan, can move on to the next question.

Gold Rocket | Satoshi Club:
😁

Miguel:
Yes, sure let’s go 😉

Q5 from Telegram user @Pratze
Could you explain more about GGTK / GG token, what is the use of GGTK in your gaming platform? How about tokenomic and where we can get GGTK?

Miguel:
Sure, so GG Token ($GGTK) is the token of the GG Dapp and its ecosystem. We will have a Rewards Mechanism that will distribute GGTK for the players, for their skills and time, and for developers, for their gaming activity.

To keep it simple, in this rewards system, we will adopt a similar model to Bitcoin rewards, with a total of 21 million GGTK available. Every 10 minutes there will be a new block containing all new information, including transactions and rewards, and initially 50 GGTK will be distributed. Every 210,000 blocks, or roughly every four years, the total number of GGTK users of GG DApp can potentially win is halved.

Mary | Satoshi Club:
Ahaha, you decided to simplify 😂 it’s simple and genius model😂

Gold Rocket | Satoshi Club:
Lol😁

Mary | Satoshi Club:
Where it will be listed first?😉

Miguel:
Regarding other tokenomics there is a total supply of 46.8 million GGTK, 93% of them are time-locked at the moment and we have a circulating supply of about 3 million.

Gold Rocket | Satoshi Club:
You are not only a dreamer, as it is written on your website, Miguel, but also a genius😉😁

Miguel:
It’s already listed 😉 we did a pre-sale in December where we raised 700 ETH and after it was listed in Uniswap – https://info.uniswap.org/token/0xfa99a87b14b02e2240c79240c5a20f945ca5ef76

Mary | Satoshi Club:
Sweet model, we like limited numbers 😉

Miguel:
Ahaha thank you very much!😄

Mary | Satoshi Club:
Wow, great! So, everyone can own it now!

Gold Rocket | Satoshi Club:
I really like the way your team is presented on your site! Btw😁

Miguel:
Indeed!😉

Mary | Satoshi Club:
And we came to the 6th and last question from this part? Ready to start with it?😉

Miguel:
Thank you!😊

Q6 from Telegram user @AmirJosh
Can you give us an update on Simthunder Marketplace that you are developing in partnership with Cartesi. You are planning to release the Beta version this February right? Are we able to test the beta version or it is just for limited participants only?

Miguel:
By the way, besides Uniswap we will also map the token in Matic so you can trade it paying lower gas fees, and later in CEXs too.

Gold Rocket | Satoshi Club:
Sounds good👍

Miguel:
Regarding Simthunder we’re in the final stages of Cartesi Dapp Incubation program (by the way the grant voting round started today – https://twitter.com/gitcoin/status/1362118864880865281?s=20) and we expect to have a testable Beta in Q1, more expectable in March.

Mary | Satoshi Club:
March will be a hot month for GG Dapp🔥🔥🔥

Miguel:
Oh yeah!🔥🔥💥

Mary | Satoshi Club:
Thank you for your answers, Miguel! I know in which place will be hot now😉

Miguel:
You’re welcome Mary 😉

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee
You have said that the Pirates 2048 Beta testers are currently opened and there are tournament prizes that are up for grabs. How can I join the beta testers and what will it cost to become one?

Miguel:
Hi there! Yes it’s open and you’re welcome to join our Pirates 2048 Discord server and stay tuned for the next tournament: https://discord.com/invite/Keuj2uP

Has no cost at all, and we usually do airdrops for the participants!

Q2 from Telegram user @IsabellaIsla
Can you explain to me a bit how GG DAPP works so as not to affect the UX and thus have a perfect integration without decreasing latency and FPS? What type of Metatransactions do you use to avoid new concepts for users?

Miguel:
As we told we have a big focus on the UX and that’s why we’re using Etherereum L2 solution Polygon (Matic) to enable the use of metatransactions. That means for the users not paying fees for most of the transactions happening, or very low ones and also much faster.

Q3 from Telegram user @KevSalom
GG DApp has a lot of work ahead, but I would like you to tell us what you are currently working on Finishing or developing new games? Expanding to other latitudes or languages? Platform security? Do you have an official release date for any game?

Miguel:
Our focus now is to finish our first 2 integrations, Pirates 2048 and Simthunder by SimracerCoin, and then develop GG Dapp itself integrating these 2. Until then we’re also working on steadily growing our community and exposure.

Q4 from Telegram user @RosemaryBianco
GGDApp on their website indicates the following most common problems:
-Development of indie games with a limited budget.
-Paid games.
–Announcements in the game.

How has GGdapp managed to combat and solve all these problems?

Miguel:
Yes, our target in terms of external games is indie game developers who, by joining our ecosystem will benefit from an existing user base. Also, they will be able to earn from all the ecosystem and so don’t need to our advertisement in-game. Finally, our games will always have free options and our focus is the Play-to-earn model where you earn from your skill and time.

Q5 from Telegram user @cryptoflower13
Will the NFT of all the games developed in GG DApp be available for sale in Open Sea or any other NFT marketplace?

Miguel:
From our games yes, from the external games that can be integrated we can’t tell but ideally yes 😉

Q6 from Telegram user @Nickkiii
You updated $GGTK tokenomics recently, can you tell us what changes were made from the older tokenomics?

Miguel:
The update in the tokenomics was to reflect the most recent token lock done, which brings the total amount of tokens locked to 93% in a period from 3 to 60 months: https://ggdapp.medium.com/ggtk-tokenomics-updated-fe9bd8993f7c

Q7 from Telegram user @leixagarcia
Apart from Pirates 2048 and Simrancer Coin, do you plan to develop any other game this year? Can you give us a preview?

Miguel:
We plan to do a pre-sale of the soccer manager game as mentioned before and we would like to have it available this year but we can’t commit to it yet. We’re in the process of growing the developer team and it depends on that.

Q8 from Telegram user @tuvalunia
What are the advantages of becoming an early adopter?

Miguel:
We’re still a small community but we have great partners like Polygon (Matic) and Cartesi and we believe 2021 will be great for gaming/NFTs so I believe is a good and early time to join us 😉

Q9 from Telegram user @KevSalom
I noticed that you are currently developing two games but each with different partners, one with Matic and one with Cartesi, why is this, will each game require specific features from those projects, or what really? I would also like to know if each game you develop will be with a different partner, or will you continue to work with the two of them on all your projects?

Miguel:
Matic and Cartesi also cooperate themselves, their projects have different scopes, we can use the advantages of both in our projects. Matic for fast and lower cost transactions, Cartesi for complex computations outside the smart contracts. Besides the tech benefits, it’s also great to be part of their communities.

Q10 from Telegram user @Xusuo
How about esport? Does GG Dapp plan to reach gaming esport? Do you have other development for GG Dapp in the future?

Miguel:
We’re already reaching one of the fastest-growing eSports: sim racing 😉 Simthunder will be the first decentralized marketplace for sim racers (players of virtual motorsports) where they will be able to sell relevant files related to sim racing and also NFTs representing virtual car ownership and their parts too. We’re also developing a parallel management game that will make private league racing even more fun, where besides driving you must manage the (crypto) budget of a racing team.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of GG Dapp. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 400$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:
GG Dapp Telegram community: https://t.me/ggdappchat
Website: https://ggdapp.com

We are pleased to announce our next AMA on February 24th 2021 at 04:30 PM UTC Time: Satoshi Club x PolkaBased

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join PolkaBased 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. PolkaBased Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about PolkaBased

For more details:
PolkaBased – @PolkaBasedOfficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

PART 1. Introduction of Kalamint project and community questions.

  Hello, Ladies and Gentlemen’s. How is your mood today? We hope that it is as good as the project with which we had an AMA session.
  Kalamint is the first community-owned public NFT marketplace on Tezos. Create and mint NFTs using the FA2 token standard.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about Kalamint

The reward pool is 2000$

Leading the AMA our clever and fun admins:

Andrés M. | Satoshi Club – @AndresM77 and Luis Merino 🇪🇸 | Satoshi Club – @LuisMe7

The Representative of the project:

Sandeep Sangli  – @sandeepsangli

Introduction of Kalamint project.

Luis Merino | Satoshi Club:

Hello everyone and welcome to another AMA session with Satoshi Club 😀

Today our guests are from Kalamint, @sandeepsangli, welcome to our community 😊👍

Andrés M. | Satoshi Club:

Welcome @sandeepsangli happy to have you with us today

Sandeep Sangli:

Thanks, @AndresM77 Happy to be here, And thank you for inviting us.

Andrés M. | Satoshi Club:

How is going your day my friend, something new for this week? 😃

Sandeep Sangli:

It has been quite a crazy February for the team since we are slated to go-live tomorrow

Andrés M. | Satoshi Club:

Yes, I have read about it, are you excited about that? a great event for Kalamint.

Sandeep Sangli:

The team is excited and nervous at the same time 😄

Andrés M. | Satoshi Club:

Haha we wish you the best for tomorrow 😁

Sandeep Sangli:

Thank you, we would definitely need all the good wishes, fingers crossed! You never know what can go wrong with tech sometimes. Especially launch days 😄

Luis Merino | Satoshi Club:

It will be fine, for sure. I have no doubts 😊

Sandeep Sangli:

Thank you, amen!

Andrés M. | Satoshi Club:

Well, could you tell us more about you and Kalamint project? a short introduction to learn more about you and Kalamint.

Sandeep Sangli:

Sure, I, Sandeep, come to have a technology background. Worked a lot on Data Mining and Natural Language Processing in my early career. In 2014, I came across whitepapers of Ethereum, Tezos, and the other early chains. Really liked what the tech could do in the long run. So shifted my focus completely towards blockchain solutions. For one of our earlier products in 2017, we had forked Lisk, one of the earliest PoS chains.

Luis Merino | Satoshi Club:

2014! Lucky you 😄

Sandeep Sangli:

Harsha, our Tech Head, has worked extensively on decentralized systems, ranging from decentralized exchanges to trustless bridges. For Kalamint, our vision is to extend what we build on Tezos and branch out to be a truly cross-chain NFT platform that solves the ‘provably unique’ problem of NFTs

Andrés M. | Satoshi Club:

NFT is a hot topic this year with DeFi

Luis Merino | Satoshi Club:

Indeed 😊

Sandeep Sangli:

I think the DeFi use cases gave the whole community a new way to approach asset classes. So it was a natural progression for NFTs to get the attention they needed. NFTs can go beyond digital art and collectibles and can be extended to traditional sectors like financial contracts, luxury goods, etc. With a custodial service.

So we believe that NFTs as a concept still has a lot of room for growth and innovation

Andrés M. | Satoshi Club:

What assigns the value of the NFTs on your platform? is it se  room for growth and innovation

Andrés M. | Satoshi Club: t by users only? I agree with you.

Sandeep Sangli:

Currently, on our platform, users will set their prices when they list.

But there are interesting research topics about using quadratic bonding curves to tokenize NFTs and let the market decide the price based on the supply/demand of the fractions. This is something we may experiment with within the near future

Luis Merino | Satoshi Club:

Maybe we can start now with part 1 questions? If not, some questions can be covered now, do you agree? 😄

Sandeep Sangli:

Sure.

Luis Merino | Satoshi Club:

@AndresM77 shoot it!

Preselected questions about the Kalamint DeFi project.

Andrés M. | Satoshi Club:

Question 1 from Telegram user @Mora110

On the Kalamint roadmap you mentioned in Q4 2020> NFT Minting and Marketplace launched on Tezos Testnet. in Q1 2021

NFT Minting and Marketplace launched on Tezos Mainnet, Auctions enabled. So I want to know the advantages of NFT for the Kalamint project and what is the strength of the partnership with Tezos?

Sandeep Sangli:

Thank you for your question Mora110. For Kalamint our focus will be on launching on Tezos and then branching out to be cross chain NFT marketplace in the near term. We are building on Tezos for 2 reasons. 1. Creators can leverage the benefits of extremely low gas fees, so it makes it much more beneficial for both the collector and creator. 2. Tezos is building some great features for smart contracts and inter contract calls that we believe will help us build better products. I hope that answered your question.

Andrés M. | Satoshi Club:

So clear, how is currently the fee on Tezos network?

Sandeep Sangli:

We have seen the gas fees to be around 0.01 – 0.02 XTZ for minting and transacting. This is equivalent to 4-8 cents (USD)

Luis Merino 🇪🇸 | Satoshi Club:

Gas fees are too important. Paying 40$ for each transaction…

Andrés M. | Satoshi Club:

Haha a big difference with ETH. How fast can a creator sell an NFT on your platform? is there an auction system or is it direct purchase?

Sandeep Sangli:

Absolutely. Huge difference. The savings for both creators and collectors is quite a large amount. This makes it much better in terms of the profit they get to keep from the transaction

The process of minting should not take more than 5 minutes and they can immediately list it for either a direct purchase or an auction based on their choice. We have both options.

Luis Merino 🇪🇸 | Satoshi Club:

Sounds great!

Sandeep Sangli:

Yes, that makes it difficult for creators to price their work. Because they have to make atleast the gas fees back to breakeven

Andrés M. | Satoshi Club:

Thank you for your answer, are you ready for next question or do you have something to add?

Luis Merino 🇪🇸 | Satoshi Club:

You are right 😊👍

Sandeep Sangli:

I’m ready for the next question, thank you

Andrés M. | Satoshi Club:

Question 2 from Telegram user @Arisabela

One of Kalamint perspectives is having no-dump airdrops, it means that $KALA will only be airdropped to artist and collectors, notwhithstanding how are you going to reward only the ones who prove their worth on your ecosystem? Is there a way to identify and verify real artists?

Sandeep Sangli:

Thank you for your question Arisabela. This is an important topic. We want to ensure to the best of our abilities that the reward system (airdrop) is not misused by bad actors. A few bad actors typically make it much worse for the entire ecosystem. For that reason, we do have a verification process of the artists who will be minting on the platform and we inform the users to use one wallet address to transact on the platform. This helps us distribute the rewards to people who actually used the platform meaningfully. Every user who buys or sells on the platform will be rewarded equally.

Andrés M. | Satoshi Club:

How it consists that verification, with details must creators provide? How much tokens each user? Could you share some numbers?😃

Sandeep Sangli:

Every week, we will distribute 33,333.33 KALA tokens as Rewards.

More information here: https://kalamint.medium.com/kala-tokenomics-and-distribution-f7acc4970ed1

Luis Merino 🇪🇸 | Satoshi Club:

I think this article solves all our doubts. Thanks. Satoshi Club community, go give some claps there 💪

Everyone who buys or sells will be rewarded equally, but, taking into account the trading volume or not?

Andrés M. | Satoshi Club:

It is, It makes more clear this question.

Sandeep Sangli:

Thank you 🙂

Our verification process is quite simple with a few questions. Typically we ask them one social media reference, a question about why they would like to transact on Kalamint, we ask 3 samples of their work and any other information they can provide. The verification typically takes 2 days

Luis Merino 🇪🇸 | Satoshi Club:

Ready for Q3 now? 😊👍

Sandeep Sangli:

Sure

Andrés M. | Satoshi Club:

Question 3 from Telegram user @khererra22

Currently the NFT are acquiring an important value in the community and arousing the interest of users for their immense creative value, but, beyond that, users always want to obtain not only entertainment, but also economic benefits. With Kalamint, is it possible in the short or long term to obtain great economic benefits? Or will its ecosystem only be useful for entertainment?

Sandeep Sangli:

Thanks for the question khererra22. The whole NFT movement and the benefits of asset tokenization are just in their infancy. With most early products and use-cases, including DeFi, the ecosystem progresses to find newer and newer benefits/use-cases of a certain platform or product. Think of what we see today in terms of platforms/products as the building blocks or foundation that is being put in place to discover a lot more use-cases and economic models even around NFTs. One of them being price discovery mechanisms for NFTs

Sandeep Sangli:

I hope that answers your question

Andrés M. | Satoshi Club:

I think it is, but what makes Kalamint different from other competitors? I mean, what will be the main benefits to use your plataform?

Sandeep Sangli:

Kalamint as a platform may look very similar to other platforms that are on various blockchains. What sets us apart is the system we have put in place called the NFT Registry. This Registry will be accessible by any other smart contract in the ecosystem to verify if an NFT has already been minted. This is immensely useful to both creators and collectors since they can be sure that the same work has not been minted on another platform. Any other platform within the Tezos ecosystem will be able to read and contribute to the NFT Registry. We will make this cross chain in the near future. We believe that this solves an important problem of proving that an NFT one bought or sold is truly a unique piece

Andrés M. | Satoshi Club:

Congratulations, I really think you have a very strong project and different from the current NFT markets 💪

Sandeep Sangli:

Thank you 🙏🏼

Andrés M. | Satoshi Club:

Are you ready for the next question?

Sandeep Sangli:

Sure.

PART 2.Questions about the Kalamint project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Royal crypto project choose the top 15 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 150$.

Q – 1 from a telegram user @meml97

I’ve seen on your twitter that you have been adding a lot of new artist to your platform. Since the opening of application on february 12th, how many have you accepted so far and how many do you plan to have in total? How is the process an artist has to go through with Kalamint in order to be part of the platform? Will you have this application process be forever open or are you planning to close it soon?

Sandeep Sangli:

The applications are forever open and will never be closed. About 50 creators have been accepted so far. The process of applying is very simple with just one form that you have to fill.

Q – 2 from a telegram user @Prendalo

Many new projects made a good impression at first but were suddenly abandoned. My question is, how will you manage the project and token to gain a place in the market and become a best token in the blockchain world? Thx.

Sandeep Sangli:

I think this was mostly the case during 2017 and after. We now see a lot of serious projects with good business models. I am glad that we are seeing real products that people can use now in the blockchain world and not what it used to be.

Q – 3 from a telegram user @BERTA2020

$KALA token is not trading yet, stay away from scam tokens. If your KALA token cannot be traded yet, is there a way to get it? When will it be available for trading and which exchange do you plan to search for listed for it?

Sandeep Sangli:

The users of the platform will earn the tokens as rewards for using the platform. We will eventually be listed on dexter.exchange and other exchanges

Q – 4 from a telegram user @KhaleesiTheCryptoLady

You mentioned that every week, you will distribute 33,333.33 KALA tokens as Rewards, who can receive this? How do you select users? How to take part on this reward distribution?

Sandeep Sangli:

It will be distributed to the people who transacted on the platform. Either by minting or buying. The reward will not depend on the value of the transaction.

Q – 5 from a telegram user @holdergirl

Recently some defi projects are creating multiple blockchain support into the project to get more user. Do you have plans on multiple blockchain?

Sandeep Sangli:

Yes, we do have cross chain support in Q3 in our Roadmap. This will become very important for all projects in 2021

Q – 6 from a telegram user @sirdefi

One of the problems or risks in these platforms where users publish their creations is the risk of plagiarism. How does Kalamint monitor or protect the copyright of each work? Do you have any claim service to report plagiarism?

Sandeep Sangli:

This is the single biggest problem we are trying to solve with the NFT Registry that we have built. Our main technology focus is to help create NFTs that are ‘provably unique’ across blockchain ecosystems.

Q – 7 from a telegram user @alaskasb

Could you explain to me a bit why the $KALA token is still not traded? Why is this and when can it be marketed?

Sandeep Sangli:

We took a platform first approach. Since tokens are rewarded to the users, we have to go-live with the platform before the tokens are traded.

Q – 8 from a telegram user @Guandog

How do you plan to maintain transparency and freedom?

Sandeep Sangli:

The registration is not rigorous. Everyone is welcome to apply. The application has about 5 questions.

Q – 9 from a telegram user @Karoceh

I read that in the future Kalamint will implement DAO. Is this a fully community DAO or do you leave some rights to the team? What are the core decisions that will remain with the team?

Sandeep Sangli:

Yes DAO is important to us, we want to become a full fledged community DAO.

Q -10 from a telegram user @Krisnonagar

Q.In the world cryptocurrency competition, features are of the utmost importance to attract investors and the community! Can you provide a list of killer features that scare your competitors over your project?

Sandeep Sangli:

NFT Registry is the single biggest game changing feature we have to offer. And the best part is that competition can also use it and contribute to it 😊

Q -11 from a telegram user @BJosefina61

Many companies are looking to issue their own NFTs, are you looking at possible partnerships in interested in working side by side with traditional companies?

Sandeep Sangli:

Absolutely!

Q -12 from a telegram user @Abisola1

Is there any specification to the kind of NFT that can be created on kalamint?

Sandeep Sangli:

For version 1, it is Digital Art. We will open up applications for other art forms in the very near future.

Q -13 from a telegram user @topind7

Do you have any user guide for newbies or newcomers on how to get started on your Kalamint?

Sandeep Sangli:

We will put together one soon.

Q -14 from a telegram user @jirencrypto

Are the NFTs developed in Kalamint exportable to other NFT marketplaces? Do they have any limitations as they are from Tezos?

Sandeep Sangli:

For V1, you can mint on Kalamint and use it on other NFT platforms within Tezos. With future versions, we will be able to migrate it to other chains.

Q -15 from a telegram user @Xusuo

Kalamint claim that will have low fees, runs way faster & much better for the environment. Also there’s artist & collectors guild to guide where the platform goes in a fully community focused way. But how about security? Is it safe to do investment with $KALA? Any audit from third party?

Sandeep Sangli:

Yes, there will be an audit of the token contract

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Kalamint project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 1700$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Kalamint

Telegram group  |  Telegram Chanel  |  Tweeter  |  Website  |  Medium  

We are pleased to announce our next AMA on February 21st, 2021 at 04:30 PM UTC Time: Satoshi Club x FoxSwap

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join FoxSwap 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. FoxSwap Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about FoxSwap

For more details:
FoxSwap – @FoxSwap_Community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on February 21st 2021 at 02:00 PM UTC Time: Satoshi Club x CafeSwap

⚠️Click to see the hour
⚠️Total Reward pool: $800

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join CafeSwap 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. CafeSwap Team will select 10 questions and answer them.

Part 3: 600$ – A quiz about CafeSwap

For more details:
CafeSwap – @CafeSwap
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on February 20th 2021 at 04:30 PM UTC Time: Satoshi Club x Value Network

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Value Network 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. Value Network Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Value Network

For more details:
Value Network – @valuenetworkchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from IsItDebunked and our guest was Sophie Morris, Co-Founder of IsItDebunked. The AMA took place on 18 February.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with IsItDebunked! Welcome to Satoshi Club😀

IsItDebunked.com $DBNK:
Thanks for having us Satoshi Club!

Mary | Satoshi Club:
@IsItDebunkedDBNK welcome to Satoshi Club 😉 Could you please introduce yourself and tell your story behind IsItDebunked?

IsItDebunked.com $DBNK:
Hi, I’m Sophie Morris. I helped found IsItDebunked Ltd. After working with various media companies over the years on campaigns for marketing and found that a lot of information that comes out to the public is debatable yet not open to debate.
After meeting our chief of operations at a crypto conference we discussed this idea to create a social fact checking platform and finally it’s coming to fruition. https://find-and-update.company-information.service.gov.uk/company/13168316

Mary | Satoshi Club:
Wow, I like this idea! When did you start your project? I see, that officially in January 2021?😉

IsItDebunked.com $DBNK:
We started building the plan and design early last year. Incorporated the idea of a tokenised reward system in August. Incorporated the company earlier this year with the dbnk token.
Yes. Went official in January.

D. | Satoshi Club:
Very nice! and how many people in your team?

IsItDebunked.com $DBNK:
Currently 7 members. But also sub contractors of 3-4 developers from Huzz Digital.

Mary | Satoshi Club:
Not so small team😉

IsItDebunked.com $DBNK:
So-so. We will need to be much larger to cope with the demand once the platform is live.

Mary | Satoshi Club:
Do you all locate in GB or all over the world?

IsItDebunked.com $DBNK:
5 of us in the UK. 2 in Hong Kong.

Mary | Satoshi Club:
International team 😀

D. | Satoshi Club:
And decentralized 😊

Mary | Satoshi Club:
Thank you for your intro! Do you want to add something or we can go to the questions from our community?😉

IsItDebunked.com $DBNK:
Will become more decentralized as the situation becomes larger. We want the community to help us build the project upwards with it becoming a form of decentralized Snopes so to speak. Nothing that we can think of here. We can go to the questions I think…

D. | Satoshi Club:
Let’s do this, then! 🚀 thank you for the intro!

Q1 from Telegram user @KevSalom
It was really hard to find information about IsItDebunked to prepare for this AMA. The only place where I found more or less information was on a bitcointalk forum, because unfortunately your website is empty. The website is the letter of presentation of a project. Why have you advanced in other things but neglected this? You don’t have a whitepaper either. When will you publish it?

IsItDebunked.com $DBNK:
Thanks for the question.
If this was asked prior to the recent adjustments to the testing of our platforms you would have found further information about the project itself and the whitepaper, we have a copy of the whitepaper in both English and Chinese if anyone is interested.
It can also be found here.
https://isitdebunked.bit.ai/docs/cjR5IvkMZ2RTL5sN

D. | Satoshi Club:
But as I see, I have to register there to read the white paper?

Mary | Satoshi Club:
Bitcointalk is old school now😉 but it doesn’t mean that it’s bad)

IsItDebunked.com $DBNK:
Is that so. If that’s the case. We will collect it now and send the PDF copy here, is that ok? Forwarded copy from our channel 👋

Mary | Satoshi Club:
Your Whitepaper looks nice! I think @KevSalom should be able to read it now 😉 So, did you think that all info about your project should be easily available on your website? As other projects did, or you have a reason for this?

IsItDebunked.com $DBNK:
We did originally have all information about the token and project on the website during the private and public sale. Then after launching on Lbank we discussed with the private we have been making large adjustments and getting these users testing some areas or their logins and profiles that aren’t visible on the website to the public currently. We will be adjusting the website back to normal in the coming days with the various project information and a built in platform to exchange DBNK/DBNKUSD/ETH whilst carrying on with building the platform in the background.

D. | Satoshi Club:
Q2 from Telegram user @reinleoken
We earn $DBNK by helping create a counter argument and evidence based fact checking system. My question is what sort of argument are we creating a counter for, is it blockchain adoption arguments, gold vs Bitcoin, or sports or politics? And how soon before we see Bitcoin listed on other platforms except the already listed Uniswap?

IsItDebunked.com $DBNK:
So yes. This is not purely about cryptocurrencies or Blockchain or politics. This is about counterarguments for everything news and information related. So yes, for example something could be released like, “BCH is the real Bitcoin” and then you would have the BTC Vs BCH people counter arguing the situation but more importantly would be the political debates, sports debates, conspiracies such as aliens and the moon landing, etc.

The most evidential information is most rewarded.

And I would assume the question should have been before we see Debunk listed elsewhere, we are. The main exchange to trade Debunk token is through LBANK but only uniswap to trade between DBNK with DBNKUSD and other fiat backs that will be created and released officially in the future

Mary | Satoshi Club:
Could you tell us how this process of counterarguments will be organized?

IsItDebunked.com $DBNK:
Ok.
The application on Android and iOS will have sections of different categories to choose from whilst also having the main screen with a tinder style layout with news or data headlines and you either swipe left to ignore, swipe right to start debunking and providing information.
This information is then congregated onto the database of that relevant news or data. Which will be accessible to see this information on the website or through the app inside these areas.

Mary | Satoshi Club:
Clear and easy😀 when do you plan this app to go live?

IsItDebunked.com $DBNK:
We plan to test to be out in June. Actual release planned for July in line with our huge marketing campaign we have designed. Warning, deepfake videos may be used heavily. We will be helping people spot deepfakes. They can also be very dangerous if used in bad ways without disclosure that it is fake. We will all be aware that it is all done with deepfakes.

D. | Satoshi Club:
Q3 from Telegram user @AmirJosh
I backread the conversation on telegram and it came to my knowledge that DBNK Presale just sold approx. $35,000 USD and the public sale that was held on Bounce has no token sold at all. How did your team survive those unfortunate events and who is financing the project up until now? Does IsItDebunked give back enough profit to continue advancing the project?

IsItDebunked.com $DBNK:
Of course.
A reminder that people who dislike someone could use them to disrupt a marriage or something by faking a cheating video or whatever.

Too much harm can be done.

Mary | Satoshi Club:
I won’t lie, I like to laugh at such videos also, but it’s funny exactly till that moment when it’s not at all funny. When it starts to influence our lives🤷

IsItDebunked.com $DBNK:
Yes, this was a situation. We had enough capital between the founders plus with the addition from the private sale and the nothing from bounce finances public sale we still found we had enough of minimum capital to be able to afford for approximately 9-12 months of running costs.
Our team are all being paid with shares and partially with tokens n the business themselves. The platform itself will generate profits once the amount of data is collated and the users start exchanging their tokens inside of the platform itself.
Fees etc.

Mary | Satoshi Club:
You don’t waste it. Some run out of money in a few weeks.

IsItDebunked.com $DBNK:
Not good. Budgets are important to follow 👍

Mary | Satoshi Club:
But you need to have a lot of users to generate profits😀 How will you incentive your community to use your platform? Do you have a marketing plan?😉

IsItDebunked.com $DBNK:
Yes. We have a huge marketing campaign planned out in line with actually releasing the platform.
Spoiler alert, some random celebrities are going to be coming out as flat earthers or other conspiracy theorists and then it is going to be debunked through our platform 👍 And not necessarily. Quality over quantity with users is equally important. A thousand users who contribute nothing is not as good as hundred insiders contributing information.

D. | Satoshi Club:
Q4 from Telegram user @sirdefi
What is the role of $DBKN token in IsItDebunked? Fees, governance? Do I need to own some in order to participate in the verification process?

IsItDebunked.com $DBNK:
No. The role of DBNK (Debunk Token) is the main token of our ecosystem.

The Debunk token will be used to reward users but also for users to gain access to more content and information/data for their thesis etc. We believe that the information that will be stored against our token will become valuable, especially if there is a purge of information taken offline and future generations won’t be able to see all sides of stories and make their own informed decisions. Governance will be done as a community to make decisions on future developments.

Mary | Satoshi Club:
Don’t you think that it’s 50/50 and info should be free now? It means that i partially understand your position 😉

IsItDebunked.com $DBNK:
Yes, we believe most information should be free but answers to some serious questions are valuable.
The price to find out certain things is beyond monetary value. It’s more of an incentive for those who provide that information online to be rewarded for it themselves.
So in theory it will be paying for that person’s information that they provide.
Signing up to various users profiles and they charge outwards.

D. | Satoshi Club:
Q5 from Telegram user @rioliandaro
Regarding your vision and mission, to realize FACTUAL news and prevent HOAX news. As we know, currently there are lots of hoax news that have a negative impact on society, especially the younger generation. Then, how can ISITDEBUNK minimize and prevent hoax news? Can you share some tips with us, what simple actions we can take to avoid spreading hoaxes and not easily fooled by hoax news?

IsItDebunked.com $DBNK:
Great question!
Ok, so you’ll find that a large proportion of news in this 24-h news cycle is rushed out to the public with no facts backing it and usually it tends to be debunked within 24-36 hours.
Best ways to do things are checking the headline against the actual information that is on the report. You will usually see a big difference in the information and it’s a form of click bate to get people sharing without actually checking the information it contained.
Compare this information against lesser known sources and see their opinions expressed about it.
If it’s mentioning documents. Go to the relevant document itself and see for yourself what it is actually saying. You will usually see that the information that’s given to the public isn’t always in line with what the report actually says. We can help minimise the spread by helping people actually be allowed to discuss the information without fear of prejudice or attacks on the matter.

We won’t be allowing any discrimination to take place for even the stupidest of questions made by users.

Mary | Satoshi Club:
Btw, do you think if it’s possible to bring distributors of fake news to justice? Because, as i understand with your platform it will still stay as a fact statement. While the fake will already be distributed to the maximum.

IsItDebunked.com $DBNK:
We will make people aware of them and that will be just as damaging for their reputation.
Then repeat offenders will have to either stop working on news distribution or actually start writing real news. Except if they admit it is satire like the Babylon Bee. That is equally fine.

Mary | Satoshi Club:
It’s a way😀 I know that is a more philosophical question because I face fake news every day in my country and most people better believe them, than go and check facts.

IsItDebunked.com $DBNK:
Yeah, that’s the case across the whole world. A large proportion of information is usually recycled or pure misinformation.
We see it in the Blockchain world also with similar stories every so often about XRP issues or work with the same banks as they always have.
And with tether continuous FUD movements.

Mary | Satoshi Club:
Yes, that’s true! Hope you will help us with these issues! And we will have 6th and last question from this part now! Ready for it?

IsItDebunked.com $DBNK:
🤞🤞🤞
We all need to help with this issue together.

D. | Satoshi Club:
Q6 from Telegram user @Korryl
I read that your project has a trading contest with big reward 600.000 DBNK, so what are the requirement to join in that trade contest, and do we need to do KYC? And also do you have other programs for the community like DBNK airdrop or bounty? If yes what kind of airdrop/bounty?

IsItDebunked.com $DBNK:
Yes. All the entry information is on the Lbank website with this. Signing up and performing KYC is required for entering the contest.

And regarding airdrops, we don’t have anything else currently. We just finished a 12ETH Liquidity mining competition though. We will be looking at doing more USDT and some DBNK contests in the future but we try and avoid too many users getting DBNK for free, especially those who have no interest in furthering the project. After analyzing a large number of issues occurred with airdropped and bounties being given on a large scale.

Very damaging

Mary | Satoshi Club:
But on the other side, you’re increasing holders number😉 Even in damaging things we can find good sides😂

IsItDebunked.com $DBNK:
Yes, that’s very true but as before. Quality over quantity. It’s getting that right balance. A hundred users getting $5 worth is no issue but too many that don’t care for the project itself isn’t the best scenario to have to hold back.

Mary | Satoshi Club:
You’re right! Sure you will find a balance!

IsItDebunked.com $DBNK:
Indeed we will.

Mary | Satoshi Club:
And for balance we have to gave a voice right to our members😉 They’re waiting for live part of our AMA 😀 Ready?

IsItDebunked.com $DBNK:
Hopefully.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ Cengizhan Tekin

✅ In IsItDebunked system; the users with the most well-contributed information will be rewarded. So who will decide who contributed the best information? If it is a group constituted by you, how will this group suffice after some point where too much news comes in? If it is all the community, how will you prevent the manipulations until you have a sufficient number of community members that can’t be manipulated?

IsItDebunked.com $DBNK:
This is a great question which we have spent possibly 30-40 hours of thought against and we have started to work with a couple of media organizations who believe in free speech who are willing to go through and help us with checking that the information provided is good and should be rewarded. We have ai that will help mitigate the issues of adult content and NSFW inform sent through.

Q2 from Telegram user @ Tuvalunia

Are you planning to provide multilingual content or will you just focus in English?

IsItDebunked.com $DBNK:
We will be aiming to have all languages available very shortly after release in English. We want to contribute from all corners of the earth

Q3 from Telegram user @ Raisbelys
What are IsItDebunked’s objectives to be achieved in this year 2021? What is the mission/vision of the project in general? And in how long do you think you will achieve these goals?

IsItDebunked.com $DBNK:
Our objectives to achieve by the end of this year are: Release the first initial platform. Bring the user base to over 20,000 users with over 250 good contributors of debunking information.
Release all DBNK stablecoins (DBNKUSD, DBNKGBP and DBNKCNY with backing by their respective fiat currencies) ready for the 2022 debit card release.

Q4 from Telegram user @ GNUD

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?

IsItDebunked.com $DBNK:
The feature we like the most is our vision of free speech allows the craziest of conspiracy theorists to know they won’t be attacked for their thoughts and opinions. It may not get rewarded if it’s not useful but they won’t be attacked for it either. This is key for furthering free speech whilst helping curb misinformation.

Q5 from Telegram user @ Johnny Short

Where can I buy?

IsItDebunked.com $DBNK:
You can currently buy on Lbank.info Exchange.
The liquidity on Uniswap is being adjusted over the next few days to account for the DBNKUSD pairings etc.

Q6 from Telegram user @ Angelo Salas

Researching about IsItDebunked, I could see that your company is registered in England and Wales. My question is, does the fact that your company is registered in that country give your project any kind of advantage? Are there any plans to expand your company to other regions of Europe or the world?

IsItDebunked.com $DBNK:
Yes. We are an English company. But this doesn’t deter the fact that the business is online and we will be registering in various countries where we employ or do work over there.
We will be expanding to some offices in America in 2022, just looking at some proposals currently.

Q7 from Telegram user @ Impostor

DEFI is really popular this year in 2021, do you have plan to add new feature like NFT, yield farm or maybe staking program for IsItDebunked project ?

IsItDebunked.com $DBNK:
We were actually asked if we could produce some Media NFTs by some individuals and we thought this might be an interesting concept. Such as fake news memes or other images.
We will discuss this further going forward with the community if we see this to be a reasonable proposal.

Q8 from Telegram user @ Centos Manager

How do you plan to grow your community and do you listen their wishes?

IsItDebunked.com $DBNK:
We plan to grow the community by building upwards with the community every step of the way and ensuring that it is created in such a way that the community will help mold and develop the future directions, obviously no rash decisions made by a random community member will be acted upon without due diligence and in depth discussion.

Q9 from Telegram user @ Aston Rowi

How can I use DBNK token on the apps? What are benefits/rewards will I get if I hold DBNK?
@IsItDebunkedDBNK

IsItDebunked.com $DBNK:
There is currently a 50% APR staking reward via Lbank for holding DBNK

Q10 from Telegram user @ Gutierrez04

Really users who contribute to the ecosystem will be rewarded with $ DBNK, but could you detail to us what are the ways in which we can contribute? And which is the one that generates the most reward of them?

IsItDebunked.com $DBNK:
The most rewarding way would be the contributions of videos proving the information to be false or legitimizing it.
The lesser rewarding jobs would be finding spelling errors and poor grammar. Putting bad marks against writers names and getting them to improve that side of their reporting.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from APOLLO Protocol and our guest was Ashwin Somasundaram, CEO/Founder of Apollo Protocol . The AMA took place on 16 February.

The AMA session was divided into 3 parts with a total crypto reward pool of 1000$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Apollo Protocol! Welcome to Satoshi Club😀

D. | Satoshi Club:
@ApolloCEO hello! welcome to Satoshi Club!

Ashwin Somasundaram:
Thanks for having me! It is an honor to be here 🙂

Mary | Satoshi Club:
Tell us please about your way to crypto and about Apollo Protocol more😉

Ashwin Somasundaram:
So my name is Ashwin Somasundaram, I am the CEO/Founder of Apollo Protocol. I have a nontraditional background as an Assistant Professor of Medicine, Medical Oncologist by practice, and physician-scientist focused on systems biology and tumor immunology. I have a longstanding interest in blockchain adoption for fundraising and healthcare integration. I have been involved with systems based model development and advocacy for other projects in the space. We wanted to build a volatility solution and this led to the conception of Apollo Protocol which evolved into what we are going to discuss today.

Mary | Satoshi Club:
From medicine to crypto😀

Ashwin Somasundaram:
Blockchain technology is really a passion project stemming from my systems/computational research background 🙂 The long term vision of Apollo and our lending platform DELPHI is to have branches that aid in decentralized charity and healthcare integration.

Mary | Satoshi Club:
Understand you 😀 when did you get an idea to create Apollo Protocol?

Ashwin Somasundaram:
But to get there we need a better volatility solution in the space…
We have been working on Apollo for under a year but we have had many iterations of it. The space is constantly evolving and we are at I believe version 4 by the time we launch. Fortunately nothing is wasted and the existing projects/codebases can be utilized in the future for other platforms and ideas. However we have BRILLIANT advisors in the algo-stablecoin and defi lending space.

Mary | Satoshi Club:
4th, incredible, it should be perfect version 🚀

Ashwin Somasundaram:
We hope so, but even now we are constantly perfecting it 🙂 Fortunately it is self-governing and our amazing community will also help guide us post-launch!

Mary | Satoshi Club:
Can you name them?😀

Ashwin Somasundaram:
I cannot name all of them given some of them have conflicts of interest but let us say they have been heavily involved with each of the major algo-stablecoins and proto-seigniorage tokens. Beyond that we have Jeff from trustswap and Nick Fett from Tellor and the wonderful folks at Zokyo who have been in the space since 2013. There are many more we cannot name at this time 🙂 However, everyone should feel free to look at our backers on our website and that will provide some additional insight.

Mary | Satoshi Club:
Yes, Jeff and Nick are great guys! You should be happy to have them😉

Ashwin Somasundaram:
Our new updated website will be up today 🙂

Mary | Satoshi Club:
If i will ask to describe Apollo Protocol in one sentence what it should be?😀

Ashwin Somasundaram:
It has been under construction for our dashboard so the current site is a placeholder and needs some updates 🙂
Long term: a decentralized bank.
Short term: the gold standard of a stablecoin.

Mary | Satoshi Club:
Thank you, Ashwin for your intro! Do you want to add something or we can go to the questions from our community?

Ashwin Somasundaram:
The statement I made describing it is ambitious to say the least, but without context that is the purpose 🙂

Mary | Satoshi Club:
Sure, you have a lot to tell us!

Ashwin Somasundaram:
I usually spend this time doing a history lesson on what flaws exist in the space and how we address each of them. In lieu of that I would simply say that Apollo protocol is not a single token that solves all the issues of USDT, DAI, USDC, AMPL, ESD, etc. but an interconnected ecosystem that is fully collateralized, incentivized, decentralized as a stablecoin. From there I am happy to go into questions 🙂

Mary | Satoshi Club:
Thanks! We will have a long discussion from here😂 a lot of questions incoming!

D. | Satoshi Club:
Q1 from Telegram user @Gutike95
If there really is a solid stable currency like the Theter (usdt), why develop another decentralized stable currency? What are the problems that Theter has that Apollo solves?

Ashwin Somasundaram:
Excellent question! USDT has had multiple issues with being SEVERELY undercollateralized. Some reports say up to 73%. It is essentially backed by nothing. Therefore there is an inherent flaw to that system, a lack of transparency and trust that is growing. There is also a lack of incentive. How many people are buying tether to invest? How many people can buy a home with tether or are obtaining a mortgage or financing an auto-loan?

Mary | Satoshi Club:
Really? Not sure that a lot😂

Ashwin Somasundaram:
Why has DeFi not fully adopted USDT for real world applications. These are issues plaguing stablecoins and DeFi that still need to be addressed and should have ideally been solved by the giants in the space by now. A big barrier is regulation and legitimization of the space.

Mary | Satoshi Club:
That’s true 😀
And you will solve it?

Ashwin Somasundaram:
We have done everything in our power to ensure we have a protocol that would be most appealing for SEC approval and registration, along with the roadmap to obtain a bank charter (12-20 mill USD necessary) followed by a mortgage lending license or partner. This long term goal of real world lending seen with USD fiat bank vaults that will collateralize our 1:1 stablecoin will provide long-term investment and real world use case.

D. | Satoshi Club:
No one, but people used to use Tether, don’t you think that it will be tough to ‘sell’ them another stable? they will use it until it fall😅

Ashwin Somasundaram:
To get there we use our Apollo Growth coin (AOX) as a vehicle for growth that has both an initial hedge against inflation as a synthetic asset and as a future collateralized real world hedge fund as our stablecoin is more established.

Mary | Satoshi Club:
When approximately do you expect to get SEC approval and registration?

Ashwin Somasundaram:
Absolutely, it will be tough until people see the usecase, Apollo protocol is a proof-of-concept that if proven correct disrupts the entire space. USDT would be irrelevant if any other stablecoin has growth incentive (people buy it and see returns) while also having a faithful and collateralized peg.
It takes 3 months minimum and we have been ensuring that the protocol is compliant with the registration process. This is why we ensured such a lean raise and so much decentralization.

Mary | Satoshi Club:
Got it! Hope everything will be approved!

Ashwin Somasundaram:
The SEC approves of DAOs and forced decentralization, small raises without excess that does not abuse investors.
Beyond that we will also need to ensure we can transition from USDC (likely the best centralized stablecoin in our opinion) to true USD fiat vaults to fully collateralize our stable coin.

Mary | Satoshi Club:
You know for me this two words SEC and decentralization in one sentence always sounds like a nonsense, but i understand that we need something legal😀

Ashwin Somasundaram:
Precisely 🙂
Legitimization and regulatory approval of defi is still missing and will be necessary before we obtain real world adoption and surprisingly this requires grass roots small projects to achieve which is counter-intuitive in my opinion. However, if we can even establish the model as successful as a proof-of-concept, then this has high disruptive potential.

Mary | Satoshi Club:
Q2 from Telegram user @RosemaryBianco How does Apollo achieve “stability through exponential growth”? How do they grow exponentially? Do they really achieve adequate stability?

Ashwin Somasundaram:
Brilliant question! We have a growth coin known as Apollo Growth (AOX) that is a weighted basket of assets based upon volatility (our good friends at MAHADAO have ARTH similar to this) however it utilizes no collateral in the beginning and introduces it as the project grows until it is fully collateralized (this is similar but not the same mechanics as the brilliant project FRAX). Eventually this seigniorage token becomes the “on-ramp” for growth in the ecosystem and absorbs volatility as well while feeding into the vault that collateralizes the Apollo stable coin (AOY). An apt analogy is that the high-risk/reward scenarios of Apollo Growth feed act as a casino short term and collateralized world wealth index hedge fund long term all while feeding into our decentralized bank that is Apollo Stable. It would be as if a bank and a hedge fund are owned by the same entity and create positive feedback loops with each others usecases.

Mary | Satoshi Club:
Where this mechanism described fully? Do you have any articles?

Ashwin Somasundaram:
There is the Apollo Shares token that acts as governance and a stock share to invest in the ecosystem as a whole as it grows as AOX/Apollo Growth has high growth potential but a SIGNIFICANT amount of expected volatility.
We certainly do! We will also have a simple video outlining this being release TODAY! It will be in our announcements channel.(https://t.me/ApolloAnnc) – These files are more detailed than the article and the video but are helpful. And of course we are available in our telegram (https://t.me/ApolloProtocol) 24/7 to answer questions 🙂

Mary | Satoshi Club:
Q3 from Telegram user @sirdefi Apollo Protocol has 3 tokens: one that holds the maximum stable, the other to absorb all the volatility of the market, and the third token acts as an intermediary. Can you please explain to us how each one works? Mostly I would like to know how they relate to each other to fulfill the goal of providing stability and preserving the value of our money.

Ashwin Somasundaram:
Great question! Apollo Stable (AOY) is the gold standard. It is fully collateralized and faithfully pegs in the contract to USD. This USD is in fiat bank vaults. The only growth is to buy more through out dApp and our fiat on/off ramps (roadmap item) and through the growth of our ecosystem through Apollo Growth. Apollo Growth (AOX) feeds the ecosystem short term. Initially it is a synthetic asset that hedges against inflation better than fiat.

Mary | Satoshi Club:
Which banks? Can you describe how this vaults are made? Because for today it was always behind closed doors for me😂

Ashwin Somasundaram:
Philosophically speaking it has always been silly to me that we call coins pegged to FIAT as “Stable”. The USD is severely inflated and is no longer backed by precious metals and off the standard since Nixon. However, It is backed by the economic buying power of the US government. That is the key. This is why we needed Nick Fett at Tellor and his expertise as a research economist with the US bureau of labor stats and our COO who worked in volatility research. This led to the concept of initially creating a synthetic asset that was weight for volatility AND pegged to world economies. That is the true value we should capture if we are looking for “stability”. NOW, relative to the USD, this basket of assets will appear VERY volatile but in reality a volatility weight basket of GDPs, diverse highly used fiats, and highly trade commodities/metals is a better store of value. Short term this volatility incentivizes growth INTO the ecosystem. As Apollo Stable grows and DELPHI our lending platform and bank are established with their usecases proven then we can revert to collateralizing Apollo Growth and now this synthetic asset turns into a real world wealth digital index hedge. This way you can have an incentivized digital stable asset to USD and a true hedge against the inflation of USD in the same place with the same fiat ramp. This can be utilized by laypeople as we build our lending platform DELPHI. This is because it will have FAR lower interest rates than traditional banks for auto loans and mortgages while providing greater APY and returns than traditional savings accounts. This leads to real world adoption of DeFi and should be the goal of EVERYONE in the blockchain space right now 🙂

Mary | Satoshi Club:
Q4 from Telegram user @Wormz28 I have read that APOLLO’s long-term vision is to provide decentralized loans and in the Roadmap you’ll be launching soon DELPHI as your collateralized DeFi lending platform. So may we know in advance how’s the process of your lending program and how it works? Also if possible, can you explain in advance what DELPHI is and what important role it will play in your ecosystem?
It’s a bit covered before 😀

Ashwin Somasundaram:
Delphi would be a competitor and collaborator for projects like AAVE

Ashwin Somasundaram, [16.02.21 16:50]
HOWEVER it is not in the lending of blockchain but in real world finance that it will also extend to. That is the goal that expands upon it. This is why regulatory approval is so important and why we fight so hard to remain so compliant.

Mary | Satoshi Club:
When it will be available?

Ashwin Somasundaram:
It will require:

1. $24mill in AOY USDC collateral
2. SEC approval and registration (3 months)
3. Bank charter (surprisingly not too bad with the above)
4. Mortgage lending license/partner
5. validated fiat on/off ramps

Mary | Satoshi Club:
So, min 3 months?

Ashwin Somasundaram:
A bit ambitious but we have given ourselves 1.5 years as there is a lot of red tape, but we will push non-stop to get it done in 3 months if possible

Mary | Satoshi Club:
Mortgage lending/lisense partner – did you already find this partner?

Ashwin Somasundaram:
We have a group in mind but this is not official.

Mary | Satoshi Club:
Q5 from Telegram user @konditer_rolex Apollo Growth is tied to a new, weighted basket of diverse stable assets, including the 7 major fiat currencies, the GDP of the 7 richest countries, and 7 highly traded commodities. How do you hedge against a sudden swings in commodity prices, or a financial crisis in one of the countries in the basket? How stress-resistant is this approach?

Ashwin Somasundaram:
Perfect! This is where the volatility weighted system comes into play. It takes into consideration the growth/decay over the past year along with the std dev relative to the mean over the last year and normalizes to itself. For example, some VERY volatile assets like copper have a far lower weight than the more stable GDP of Germany for example. I will attached the PEG calculation below: [ File : 2021.0124 AOX Peg Calculation and API.pdf ]. Now, EVEN if the TWAP swings like mad we can create debt cycles in the peg factor through governance approval so if we need to recover from consecutive negative rebases the systems can temprorarily adjust peg for positive cycles driving the price up and resetting the peg factor. These volatility factors are also updated yearly while the peg is updated monthly as necessary

Mary | Satoshi Club:
The s mechanism that you’re using for hedging is it yours or it was used before?

Ashwin Somasundaram:
The concept of using a basket of assets and a non fiat peg has been around since the xBTC days. ARTH with MAHA has a great take on it for proto-seigniorage in our opinion. Adding the GDPs as the true backing, the volatility weighting and the current feed-forward mechanism are more novel to our ecosystem. I believe the long-term collateralization is the real beauty of it 🙂

Mary | Satoshi Club:
Gotcha, it’s real beauty👍 thanks! Ready for the 6th and last question from this part?

Ashwin Somasundaram:
Government debt/bonds, multiple fiats, and commodity shares held in vaults by ratios and backing the digital asset.
Absolutely!

Mary | Satoshi Club:
Q6 from Telegram user @Brainchest I read that KYC is required. But I didn’t understand, it is required to purchase any of AOX, AOY, AOZ or just for AOY. And how will you distribute the coins, because on many exchanges if personal trading is 1 – 5 BTC, the KYC is not required?

Ashwin Somasundaram:
KYC is only for pre-sale which has conclude and severely oversubscribed 😅 We oversubscribed 8 fold in 15 minutes and the recent IDO oversubscribed 3 fold in seconds. Buying/selling AOX, AOZ on uniswap requires no KYC. Buying AOY on our platform or using it requires no KYC on our part.

Mary | Satoshi Club:
Ahaha, now pre-sales are so fast😂

Ashwin Somasundaram:
If you want to use AOY to get a mortgage and buy a house, that will require KYC…

Mary | Satoshi Club:
For Delphi platform will it be required?

Ashwin Somasundaram:
Only for real world applications. One cannot obtain a large loan anonymously, however assets for lending can be done without KYC

Mary | Satoshi Club:
So, on blockchain we will still be anonymous 😂

Ashwin Somasundaram:
Correct. The reason this is not possible is because the pink slip to a car or the deed to a house through escrow is not anonymous. However, it can all be confidential where the DELPHI platform and the team have no knowledge but the escrow service must know. So while Apollo/Delphi does not need to know, the entity holding the asset until it is fully paid will need to know.

Mary | Satoshi Club:
Yes, escrow has to know everything 😀

Ashwin Somasundaram:
The trade off is that the interest rate paid for such a loan would be a fraction of traditional finance essentially disrupting all central banks in theory. And people providing capital for such loans through holding AOY as a savings account receive far more APY than traditional banks.

Mary | Satoshi Club:
Yes, APY in crypto is one of the best parts😂

Ashwin Somasundaram:
Through the proper fiat ramp channels the blockchain aspect is in the background allowing for laypeople to use Delphi as they would any central bank. The APY for digital assets however is another story and is naturally massive. This will likely require an additional entity in the future so as to prevent flash loan attacks affecting the rest of the ecosystem. There is also a way to use AOX to prevent the flash loan problem but that is a theory for another day and we need to test it before I can say anything.
100%, regulation has always been the barrier and it must be done from the ground up. It might be too late for some of the giants of the DeFi lending space

Mary | Satoshi Club:
Test it, we are tired of this attacks, they are annoying and really bad for DeFi sector.

Ashwin Somasundaram:
100%

Mary | Satoshi Club:
Yes, but it will prevent thus in the future.
Thank you for your answers! It was a great discussion, we enjoyed it very much! But our users are waiting for live part and we should give them opportunity to ask their live questions! Ready?

Ashwin Somasundaram:
Absolutely!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ Memo

The blockchain volatility solution developed by Apollo, can it only be implemented in stable monchain? Or could it also help other coins and tokens to minimize their volatility in the market?

Ashwin Somasundaram:
We have farming pools specifically to aid other coins minimize volatility.

Q2 from Telegram user @ Topind

Do you have any plans to Launch a native token and will you list it in coinmarketcap?

Ashwin Somasundaram:
We have friends at CMC and CG working on the listing and addresses as we speak and we will launch on uniswap later this week 🙂 Specifically AOX and AOZ. AOY will later be on our dApp and then we will wrap it for other chains and CEX. BSC will be launched a fews after the ETH launch this week.

Q3 from Telegram user @ Super-Girl Says

From a practical point of view, what is the difference between USDT, DAI and AOX? Both are tied to USD at the end of the day. which one is better then?

Ashwin Somasundaram:
USDT is undercollateralized and centralized.
DAI is overcollateralized at times but undercompensated with issues with liquidity where MKR has asked to introduce additional USDC to “help out”
AOY is decentralized, fully collateralized, fully compensated, faithfully pegged, incentivized for growth (unlike USDC which has fiat just sitting there). If Delphi succeeds as a proof-of-concept and has even a little bit of mainstream adoption then without a doubt AOY.

Q4 from Telegram user @ Hakeem

If USDT is essentially backed by nothing, what then is Apollo backed by?

Ashwin Somasundaram:
AOY is backed by literal USD in fiat vaults. You cannot mint more than what would physically exist as USD paper. I am philosophically opposed to this idea but it is ideal. AOX is initially synthetic BUT after Delphi AOX will start to be collateralized by government bonds, gold, silver, copper, commodity shares, multiple fiats all in physical bank vaults with supply dependent on this and growth cycling to collateral.

Q5 from Telegram user @ Lonely Day

What is your plans for global expansion,on building and developing or getting customers and users, or partnerships?

Ashwin Somasundaram:
We have proposals and meetings with the top projects in Asian markets, fiat ramps and defi identity. These are not official partnerships but collaborations, meetings, and discussions so names will not be used but it should be clear who they might be.

Q6 from Telegram user @ Johnny ℹ️🅿️

Hello Ashwin. You have 3 tokens $AOX, $AOY and $AOZ. I know AOY is your stablecoins while $AOX is the growth coin. But of what use is the third token $AOZ and what role will it play as you intend to expand from Ethereum into BSC after launch?
@ApolloCEO

Ashwin Somasundaram:
GREAT question! AOZ acts as a stock share and a governance token but also a bridge between ecosystems as we go from ETH to BSC and likely in the future to many other chains ideally such as DOT, ADA, thorchain, etc. The AOX is vertical growth and AOZ is horizontal growth.

Q7 from Telegram user @ Karoceh

Why isn’t Apollo Stable (AOY) just pegged to gold? We know that gold is safer from inflation rather than USD. Why did Apollo prefer USD over gold?

Ashwin Somasundaram:
EXACTLY! You are correct! AOX will be pegged to gold AND other better hedges that silly USD alone. That is why philosophically AOX is a better hedge and more “stable” than our “stable coin” AOY which is collateralized only by physical USD fiat.

Q8 from Telegram user @ Tuvalunia

How will the rebases be performed, in what way and what period?

Ashwin Somasundaram:
30 minute epochs.

Q9 from Telegram user @ Super-Girl Says

What is the best Apollo token to be holder of?

Ashwin Somasundaram:
AOZ is to hold and maybe farm or provide governance. AOX is to risk in the short term for high-risk/high-reward plays such as locking and staking. AOY is for financial institutions and laypeople, or for you if you want a savings account with better APY than your current bank (I forgot to mention another roadmap point is to ensure each vault has its own FDIC insurance).

Q10 from Telegram user @ TRON TRX

Security & User Interface are the Most Important Aspect that Users see on a platform. How has Your Project worked on this? Is Platform suitable for Newbies in the crypto world?

Ashwin Somasundaram:
[ File : Player’s Guide.pdf ]
We have gamified our project for AOX and AOZ and we have created a simple gamified guide for playstyles AND for the dashboard that we will go through before launch:

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
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