We are pleased to announce our next AMA on March 22nd, 2021 at 02:00 PM UTC Time: Satoshi Club x Jigstack
⚠️Click to see the hour
⚠️Total Reward pool: $1000
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Jigstack Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Jigstack Team will select 10 questions and answer them.
Part 3: 800$ – A quiz about Jigstack
For more details:
Jigstack – @jigstack
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Most of today’s projects are often using English and developing the English community. So, do you develop a local community that is not good at English? What local groups do you have to do that?
I know that Wynaut is a frictionless token with a burn mechanism — every transaction burns 3.6%. That means 1.8% gets subtracted (burned) from the total supply, and the other 1.8% is distributed evenly among all hodlers and sent directly to your wallet. Tell me if this burns already work, how many tokens already were burned or when do you plan to start this. Also, i want to ask if this mechanism is working with those who is farming their Wynaut in your pools?
Regarding your fundamental technology, what are your plans with a technology in the future that can build sales, printing, distribution, manufacturing, dll. innovatively and safely for business people?
Maybe basically security is a very simple question, but as a user it is mandatory to know this in detail. Regarding openness and flexibility, innovation dll.
Can the SATOSHI technology guarantee data security for every user? What if a problem occurs in your technology, and how do you solve that problem?
Cross-chain, the bridge between blockchains is now a very popular topic. Suddenly everyone decided that one cannot live without bridges. And I don’t understand how they can actually be used. Suppose you announce the launch of a bridge to the EOS blockchain. How can I understand in the practice that it works?
Its obvious that utility and adoption of a project is are germane factors for the survival and success of such project.. What’s being done to drive global adoption of $JIGSTACK amidst the regulations and competitions faced in the cryptocurrency industry?
Compared to the use of tokens based on smart contracts, HTS is a faster and more efficient alternative. As Jigstack is one of the first projects of its kind to partner with Hedera, both teams reach an important milestone. Ushering in the era of cryptocurrency mass adoption will require a lot of effort and crucial partnerships like this one. Why did you decide to move away from the everyday that was based on smart contracts?
Projects and teams looking to build on Hedera can address various use cases, including payments, financial services, supply chain solutions, and so on. By integrating Lemonade natively into this equation, will it be even easier to create and issue new tokens?
Jigstack It will serve as a launch pad for any project creating a native token on this directed acyclic chart in the future. It’s a strong validation of what Jigstack has been building and it also validates Hedera’s token service. Lemonade is based on the Ethereum ecosystem? A similar implementation has been developed for the Hedera? Ecosystem.
The main purpose of Hedera Token Service is to provide native tokenization support without having to create smart contracts?
Currently the network has a 1% cut. If $ 100 million is raised through Jstak for a token sale, a total of $ 1 million of that capital is distributed to all $ STAK token holders. Will all the activity that takes place on the network offer rewards to Jstak holders?
Jigstack’s Lemonade technical prowess and the reputation of the ICOrating platform create a powerful combination. Transforming the token launch pad industry forever is not an easy task, however this acquisition confirms the demand for transparency in this industry. As Jigstack is rolling out its DeFi protocols on multiple blockchains, will ICOrating migrate to Jigstack’s Lemonade?
Unlike other launchpad services that involve centralized brokers and platforms, Jigstack’s Lemonade empowers users. Whether it is a new cryptocurrency or a Defi project. Does the permissionless nature of Lemonade provide on-demand sales automation and structuring?
Jigstack’s Lemonade solution provides a decentralized token sale solution, its aim is to give creators customization options and investors peace of mind and transparency or is there something else?
In contrast, fungible and non-fungible tokens can be managed and transferred through the public Hedera network?
The concept of tokenization becomes more accessible because it is being combined with high performance, on-chain options and compliance settings (DAG) as atomic swaps are present too?
Jigstack provides value to DeFi and Tokenization enthusiasts through consistency, quality assurance, and user empowerment. By adopting the decentralized autonomous organization model, the team creates an umbrella that spans multiple projects that generate a revenue stream, also including the DeFi Lemonade token launch pad? What is the affiliate and decentralized marketing solution that you apply?
Unlike other launchpad services that involve centralized brokers and platforms, Jigstack’s Lemonade empowers users. Whether it’s a new cryptocurrency or a Defi project, the permissionless nature of Lemonade provides on-demand sales automation and structuring. Does ETHLink provide adequate incentives to the affiliate space using Viral Loop Marketing (VLM)?
Jigstack is a decentralized autonomous organization that governs a portfolio of ethereum network assets and protocols. Are all assets deployed under the Jigstack brand audited, do they have custody, are they safe?
Through the convenient web portal, anyone can create a token sale in a few minutes. This includes adjusting token lock sequences, award periods, and general token distribution logistics? Do I have technical experience to do it?
Jigstack provides value to DeFi and Tokenization enthusiasts through consistency, quality assurance, and user empowerment. By adopting the decentralized autonomous organization model, the team creates an umbrella that spans multiple projects that generate a revenue stream, including the DeFi token launch pad. Can you explain the decentralized marketing and affiliate solution called Ethlink?
Reading about JigStack, one thing that we can’t put aside its your first product; The Lemonade Stand, which allows token issues to raise funds for their projects without having to deal with complex setups or exploitive intermediaries, making the process easier, but as we know there are bad people out there who just want to make greedy actions. So, my question for you is, how will Jigstak prevent bad people using Lemonade to make scams? What security methods do you have to avoid this happening on your platform? How will you help users from not loosing their investments?
Looking trough your Twitter page I saw that Jigstack acomplised the big milestone of raising $2.7 Million in a Private Sale with the help of renowned partners. Can you tell us more about this private sale and about the partners that helped you to reach this amazing number on your private sale? Was this ammount the initial goal you went for? Now that you raised this money, what’s next for Jigstack and your goal of becoming the Microsoft of DeFi? How could this help you on reaching that dream?
When I was reading about JStack and The Token utilities on your web, it came to my attention that there are three Jigstack DApps listed; Lemonade, which we already know, and this two that I haven’t seen before, one called EthLink that we can already see its logo on your website, and the one that caught my attention the most, is called Laundry. Can you tell us more about them? What functions will this dApps have? Watching them together, and watching how similar the logos for EthLink and Laundry are, do we need to use them together? Or do they have individual use cases? When will we see them released?
From the preview of the Lemonade launchpad I feel that anyone will be able to launch their project on it. What are the efforts of the Jigstack team to prevent investors from engaging in fraudulent projects? Will there be an audit process for the projects to participate in the launch pad & will there be marketing for the projects as well?
Recently, Jigstack has raised $2.7 million in a private sale to become DeFi’s DAO. What implications has this incredible fundraising had for the developers of the project? How will this collection help Jigstack move one step closer to becoming the DAO of decentralized finance? What changes will we see in your project after this?
Jigstack is based on the Ethereum network. We know that currently this network presents a lot of congestion and problems that are in the public domain such as high gas rates. How has Jigstack managed to not be affected by these problems of the ERC20 network? Many platforms have migrated to other ecosystems such as Polkadot or BSC. Does Jigstack plan to make such migrations in the short or medium term?
ICOrating is a staple in the cryptocurrency industry. As an analysis, news and rating service, the platform has introduced hundreds of projects since its inception. And recently Jigstack has acquired ICOrating. This new acquisition will also provide ratings for individual projects and reviews for different projects offered by themselves or their users? After this acquisition, what changes will we see in Jigstack?
All the Jigstack revenue-generating protocols aims to be designed to empower users and remove any intermediaries from the equation, this is a very interesting topic since nowadays we’ve seen many projects innovate with the revenue mechanisms, what is exactly Jigstack offering through it’s models?
Jigstack charges a 1% commission per transaction for procolos under the DAO banner, your token holders will get this benefit in a 80% and the other 20% goes to the “DAO Bank”, what is this bank for? What’s the purpose and functions on your ecosystem?
Jigstack Is DeFi’s Missing Puzzle Piece.
Can you explain what parts of the DeFi ecosystem seem to be missing?
In what way and how does Jigstack piece together the missing DeFi parts precisely, correctly, accurately & works well with each other ??
You mentioned that Jigstack is Microsoft from DeFi. But how does Jigstack position itself as a link between users and innovative products?
There are more than 355,000 token contracts today on the Ethereum blockchain, with more being added every day. It is difficult to determine the curve of the development of this system. How did Jigstack produce a truly innovative ecosystem?
What are the benefits and returns of participating in the stewardship approach of your project? What makes it so attractive compared to other similar ones?
Would you explain us some details about the multi chain capabilities of JigStack? Are them comparable with the other multi chain platforms, or have specific advantages over them? When we see a feature in a platform that already exists in many what we first think is, why is it neccesary? What is new or different this time?
In the ecosystem of JigStack platform, all the governance power is executed through the holders of the $STAK token. Taking this fact into consideration, what are the features that can guarantee thar democracy and transparency will be preseved in the decisions taken by holders?
The Jigstack description says that “All assets deployed under the Jigstack brand are audited, non custodial, trusted and secure” so can you tell us which resources do you have support such sentence?
In your website we can find that JigStack looks like the ‘Microsoft from DeFi’, it called my attention, and I would like to know what is this analogy about, what features of Microsoft as a corporation and brand would be relatable with JigStack?
Would you please explain to the community what a conglomerate structure is? How this design is benefitial for the user pver others, and, if it is this good, why hadn’t anyone tried it in an ETH DAO like JigStack is doing now?
By purchasing the site icorating.com you got a huge database of users. Tens of thousands of subscribers in social networks, email addresses … If I’m not mistaken, you own the site for a month now. What have you changed on the site? Name, design, added some tools? Is there a decrease in traffic on the site from the moment it goes into your hands?
I have been trying to find information about your project but I have not been able to find much, I have only been able to inform myself through medium, is there any other website where I can find more information about the project? Does JigStack have a whitepaper? If yes, can you provide it? If not, do you plan to launch it soon?
One aspect that must be taken into account when talking about the Ethereum network is that Ethereum has recently suffered a lot of congestion and traffic on its networks, which causes the commissions to rise exaggeratedly. Does this affect JigStack in any way? Which ones?
On February 12, you announced your partnership with Bond Finance and said the following: “Jigstack joins Bond Finance driving the value of the Jigstack ecosystem.” How can this partnership drive the value of the Jigstack ecosystem? How does Bond Finance benefit JigStack?
You claim that Lemonade is the cheapest token launch platform on the market. Tell us why you got such an edge over the competition. Are you just dumping prices in the market with good financial support, or was it made possible by technical solutions?
You mentioned on your website about the growing of this platform since 2016. Can you introduce to us about Jigstack’s excellent team? Do they have experiences and talents? Or where we can find information about Jigstack’s team?
Jigstack is defined as those middle pieces that make the DeFi puzzle complete. Can you tell us specifically which do you consider are the current problems of DeFi? And what are the solutions that Jigstack brings to complete the puzzle?
All the products of Jigstack are based on five commandments: they need to be trusted, secure, faster, easier and cheaper. But as we all know, Ethereum is not the faster or cheaper option right now, so how will you tackle this issue? Doesn’t this affect the Jigstack project, since it is about Ethereum assets and protocols?
It got my attention that on one of your Medium articles, it’s mentioned that while your intention is to liberate individuals by empowering them, you’re a long way off from optimizing collective desicion-making. So my question is, how will you accomplish what no one has ever done? How will you build the ideal governance model that you state no one has achieved?
The project should consider the security against any threat. How about Jigstack security system? What security measure does Jigstack have to secure project from any threat?
One of the first products to launch under the Jigstack umbrella is Lemonade, a DeFi token Launchpad. So can you explain more what LEMONADE STAND is and how it is different from a traditional Lemonade Stand business? Also can you make us understand the uniqueness and simplicity of Lemonade? Thank you.
All actions performed on the platform will bring profit to JStack holders. What exactly will users have to pay and what amounts. And what percentage of the platform’s income will go to the holders as dividends?
When you talk about Jigstack DAO you mention brand trust, asset diversification, and multiple streams of income … It doesn’t sound like a simple community voting tool like most projects. Explain what tools the Jigstack DAO includes and what exclusives you have to offer users
Viral Looping Marketing is what you offer us instead of MLM. VLM concept will be presented in the ETHlink tool. Tell us about your approach to advertising and how difficult it will be to use ETHlink
Lemonade is one of the first products under the Jigstack protocols, basically this tool automates many of the processes that can be tedious for deploy a crowd sale, is this platform made by the same Jigstack team or is it someone else project? Is it backed by some other investor or project?
You mention that “any product of a subsidiary that performs below expectations can be countered by other platforms under the Jigstack DAO”, but does this really work for investors who bet on projects developed by Jigstack? Or will it really also help to maintain the uptrend of your native tokens?
You mention that all the assets deployed under the Jigstack brand are audited, they do not have custody, they are reliable and safe, but how safe are they really? are they impossible to hack?
What truly innovative Jigstack development features that enables users around the world to manage their finances with confidence and comfort? That confidence and power to manage your finances can only be achieved through Jigstack? or are there really other alternatives?
I understand that Jigstack will provide users around the world with the ability to manage their finances with confidence and comfort, but is this convenience only possible with Jigstack? or are there really competitors that provide it too?
I understand that Jigstack DAO is a conglomerate that encompasses multiple commercial tools, but could you really give us more details about each of the tools that compose them? Or are they simply the same used in another project but with a more equitable DAO governance?
One of the big problems in Cex finances is that third parties have controls of our assets, but in Dex do you really need Jigstack for each user to control their assets? or is that easily accomplished in Dex?
One of the phrases described in his blog is “Transforming DeFi from junk into gems”, but what really keeps DeFi from “junk” as you mentioned? is it simply the great freedom it provides to create new projects? Is it necessary for a community with a more solid DAO to decide which project to develop and which not? is that what Jigstack wants?
If the Jigstack DAO protocols and developer projects were part of the ETH chain, how would it be possible to minimize the value of commission fees as much as possible and reduce the use of ETH gas?
The total supply of $JSTAK is 3 Billion and with it a total of 2 billion $JSTAK are locked and 360 million in circulation. Where is the remaining 640 million? What is the break down of token distribution and until when the 2 billion will be locked?
Recently, Jigstack the DAO governing multiple revenue-generating protocols on various blockchains has acquired ICOrating. Sorry for asking, but what is ICOrating and what does it mean by all ICOrating assets will migrate to Jigstack’s Lemonade? Also why this marks as your crucial milestone?
Blockchain fees are an important factor to consider before choosing a blockchain protocol, Binance Smart Chain and Ethereum are two of the most common blockchains of choice for DeFi projects. So why you chose Ethereum and why you didn’t escape Etheruem congestion and high gas fees? Also do you have any plans to migrate in other blockchain in the near future?
Jigstack partnered with Polygon (formerly Matic Network). Would you tell more about this partnership and how will both projects benefit working together? How will Polygon contribute to the Jigstack platform?
Recently you announced that $2.7 millions were raised in the private token sale, so I think now more than ever we want to know about the next step. Would you share with us your plans for the next months? I read that the public token sale will be next, so when can we expect news about it?
Jigstack has already announced tools like Lemonade and ETHLink, but the current trend is about the NFTs. So what is your position about NFTs? Have you thought integrating them in Jigstack? Or it’s not in the plans yet?
Why does Jigstack only use the Ethereum network? What features / benefits does this network have?
Jigstack is the first decentralized DAO based on Ethereum (autonomous organization) with a conglomerate structure. We see ourselves wanting to be Microsoft’s Defi that brings a standard of both user experience and security that is verbal and trustworthy..What other goals do you have for your project that you think can deliver on you on top of success ,, and rise above other competitors
In the ecosystem of JigStack, the only source of governance is through the holders of the STAK token. Considering that, How do Jigstack address the lack of transparency and governance in your platform and transparency in the decisions taken by holders?In what way you ensure fairness at all levels?
The Jigstack organization (Jigsaw / Stack) is tasked with governing a portfolio of ethereum network assets and protocols. How do you make the Jigstack application completely trustworthy and very secure? Can you pass me the link of the application?
You mention on your website that Jigstack is based on DeFi Trusted Protocols. How do you show your users that they can trust your project? What are the tools you use to make the protocols so reliable?
DeFi, despite being home to hundreds, if not thousands of projects, coins, tokens and assets, does not possess uniformity. How does JigStack bring this puzzle together through its protocols? What model have you developed to standardize the concept we have today as DeFi?
JigStacks mission is to become the Microsoft of decentralized finance and decentralized trading. Why compare yourself to Microsoft as a role model for decentralized finance? What tools does Jigstack have to make this possible and become a Blockchain giant?
Jigstack aims to become Microsoft DeFi, this is aiming high and words need to be proven with facts, so far what great goals have they achieved? And I understand that they want to reach all users, even those who don’t even have knowledge about cryptocurrencies, how do they plan to attract these users and convince them that a decentralized world is what they really need ?
Lemonade allows even a child to launch their own token, is it really that easy? Being that easy is it safe? I think developing or executing something good will always take time.
I understand that ETH will be a marketing platform for everyone , how much will it cost to use this platform ? And by what dates will it be available?
The Lemonade solution allows for decentralized token crowdsales without requiring any technical knowledge. Anyone can create a token sale campaign within minutes by navigating the web portal and every crowdsale can be as straightforward or complex as you like.The transparent nature of Lemonade makes it easy for investors to obtain reliable and real-time information regarding the token sale progress and its necessary information..How does Lemonade prevent any data and price manipulation.?
Does Lemonade compatible and operable with any Ethereum wallet,?
Why did they decide to develop Jigstacks on ETH ? currently one of the most hated networks , because of scalability and gas prices , do they plan to build on other chains ? If so which ones ?
What do you mean when you say “Jigstack embodies the real vision of DeFi”? How do you implement a real decentralized finance in a way that no defi project has done before?
At your website it says you have a partnership with Polygon. Can you tell us about the benefits Polygon brings to Jigstacks in terms of scale transactions in a cost effective and reliable manner?
Jigstack as a decentralized autonomous organization governing, how do you plan to gain the trust of investors? have you been audited by a third party? How do you guarantee that you are a safe and reliable project?
How Can Jigstack take care of a lot of things through its automation? Can you tell us about your financial applications and products in order to help?
According to your website, the Jigstack team is a perfect blend and comes from all around the world. So as team behind a project is important,in which country does Jigstack team came from? Considering you are from different countries,how did you know each other and formed a perfect blend of Jigstack team? How did you came up an idea to build a project like Jigstack? Do you encounter any challenges while developing this project? Thank you
Jigstack embodies the real vision of DeFi which is decentralized finance for the people by the people in which you are Open Source, Transparent and Custodial. Generally,how will your platform applied or implement this 3 components in your platform as an open-source, transparent and custodial? As Jigstack embody the real vision of Defi,how will you get in touch with people and how will you value the opinion and suggestions of the people especially your community members ? How will you give importance to clients and users in Jigstack? Thank you
With Lemonade solution, anyone can create a token sale campaign within minutes by navigating the web portal. Do you charge fees when someone create tokensale application? How fast will it takes to review each project if they got approved or rejected?
1. Talking about Lemonade, it is known that it will be your first project developed on Jigstack, but therefore I didn’t find the approximate date when you’ll start launching other projects on Lemonade launchpad? I should guess there will be some gap between the first Lemonade launch and incoming projects, as the project is still under development? Or it isn’t and after launching Lemonade you go full throttle with upcoming projects?
2. Inspecting a bit of the Lemonade launchpad, sincerely, I’m in a strange situation of being doubtful that everyone with good intentions will be able to launch their projects on it and somehow vice-versa – anyone with bad intentions, but with a professional development behind, will do it. My question here is – what will be the team’s effort to prevent investors from getting into scam projects? Will there be an audit process for those projects to participate in the launchpad? Will there be a, let say, scoring done by the community in combination with devs professional opinion? Otherwise, being based on the community, aren’t you aware of letting under the radar some bad and corrupted projects? Also, will there be marketing for those projects(good ones)?
3. Recently, on the 12 of March, you announced that you have raised 2.7 million in the private sale with a sold-out! Congratulations. But apart from this – I would love to be the case, but security and risk-free investing go to the VIPs in the private sale and we could get there a “Black Friday” scramble followed by chaotic volatility. Will early supporters be taken into consideration when the public sale starts? I think that people who are here with you from the beginning of the project have to be rewarded. Or they Will be in the whitelist lottery like everyone else?
What is the usecases of $Jstak coin and $STAK token? Are they both listed on Exchanges? What is the total supply of $STAK Token?
Could you explain to me what is the concept system of Jicstack Lemonade that your project have? And why do u think program like Lemonade is important in the DEFI and cryptoworld?
Can u pls tell me what are the benefit and advantages by holding Jigstack token for longterm? Also how we able to use your token in your platform? Is it possible to stake and farm it?
Jigstack has wonderful proposition and huge huge use case. I know you are now focused in Ethereum. Are other chains like Polkadot, Cardano part of the roadmap?
I see that Jigstack is a Launchpads project but currently there are already so much DEFI launchpads project out there. Do you think them as competitor? How do you always try to stay ahead from other similar projects?
The five commandments of Jigstack for every product are as follows:
It needs to be trusted
It needs to be secure
It needs to be faster
it needs to be easier
and it needs to be cheaper.
Do all of your products comply with these commandments, how did you come to them at all, and why exactly 5?
You have an original site design, in the form of puzzles. Even the photos of the team members are assembled from parts. And the name of your project, if I understood correctly, also consists of parts: Jigstack (Jigsaw / Stack)? What is the point of your vision and presentation of the Jigstack in this format?
I read that Jigstack is the first decentralized Ethereum-based DAO also have 3 products for now, Laundry, Lemonade and ETHlink. Could you explain a little about what is the function of each product? And is there any other new innovation product for the future?
So let’s talk about your YouTube channel. There is a link to the channel, there is a little introductory information about Jigstack, there are even subscribers. How soon will you start posting information about Jigstack there and educating your subscribers about the opportunities they can get? Or do you plan to continue using your YouTube channel only as a bridge to go to the site, to the Medium, Telegram and GitHub, which is what is happening now?
Hi
So much has been said about DeFi projects not fulfilling their goals. Can you explain to the community the different ways in which Jigstack provide real value and user friendly environment to lovers of DeFi and tokenization.
You recently had a partnership with HuobiEcoChain. Considering the high cost of gas fee in the exchange market. How can this integration benefit users of Jigstack in a Decentralized exchange market?
You are very complimentary about your partnership with Bonded. With Bonded be able to add liquidity, be able to reduce the risks and more. Does that mean that without this partnership you would be less capable. And how does the idea of Lemonade play out here? After all, a partner is an additional expense?
There are already countless Launchpads, and it seems every day a few new ones pop up. What will distinguish Lemonade from all the other Launchpads out there?
Which current token in the market is jigstack competing against or is it in a league on its own