We are pleased to announce our next AMA on March 26th 2021 at 12:30 PM UTC Time: Satoshi Club x Polka Ventures
⚠️Click to see the hour
⚠️Total Reward pool: 500 POLVEN
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Polka Ventures Telegram group
We will have the following structure:
Part 1: 100 POLVEN /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 POLVEN/10 users – Open chat for 120 seconds. You can post Max 3 questions. Polka Ventures Team will select 10 questions and answer them.
Part 3: 300 POLVEN – A quiz about Polka Ventures
For more details:
Polka Ventures – @polkaventuresannouncements
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
While reading your whitepaper I saw that Polka Ventures decided to launch not one, but three funds pools called Lichtenstein, Warhol and Rauschenberg respectively, so, can you tell us more about this fund pools? Why did you decide to have three pools, when will each one of them take place, and what is your target expectation for these pools? On what will this funds used for? Also, I’m really curious about this names you gave them, can you tell us more about it and where did they come from?
Beside as governance token to vote which are the best place to invest in project, are there any other use for POLVEN token in Polkaventure ecosystem? And what new development will you add in the future that have connection with POLVEN token?
The economy of tokens or tokenomics, seeks the creation of an economic ecosystem supported by tokens. An ecosystem where everything is based on the different possible interactions with said tokens. What is the main token that they invest? How do you do the capital fund, apply private sales?
You place an investment ticket of various amounts and invest. A certain proportion of the initial investment will be returned shortly after listing to ensure a stable level of asset financing. How long does the rest of the investment stay?
Any member can submit a start-up project to be identified. After a preselection of your advisors, how is the final selection process of the project in which you are going to invest and what protocol should this one comply with?
One thing that caught my attention was the fact that the team you show on your website looks (purely based on their last names) very american and europian to me, but even that, Polka Ventures is based in Hong Kong, so can you tell us more about it? Why did you decide to based Polka Ventures there and not in another part of the world like USA for example? Does this mean you are trying to penetrate the Asian market first? If so, why did you decide to enter that market first? How could this be benefitial for Polka Ventures?
Polka Ventures invests in projects when they launch their token or shortly before a listing through private sales. The community plays a very important role: any member can submit a start-up project that has been identified that matches our investment criteria. What are the criteria that must be met to pass the preselection filter?
We are motivated to create value by investing in promising companies. Together with our community we are stronger because we not only invest funds. Do you also provide networks in the DeFi ecosystem? How does this work?
Today some investments are time sensitive and others require a high level of reactivity that can only be ensured through fund management. Does Polka Ventures management reserve the right to make your investments without votes? Explain a little about the Sybil platform for the government voting process?
I read that you recently announced the Pre-Sale of POLVEN tokens that will take place on March 28th, can you tell us more about it? Where will this pre-sale take place and for how long? Can you tell us how many participants can join this Pre-sale and what will the listing price per POLVEN token be? Also, how many tokens did you destined for Pre-Sale? Please tell us, after this pre-sale ends, what are your plans regarding to post-sale, the second round of pre-sale and the usage of raised funds?
Governance tokens give holders the right to influence existing strategies and create new ones. One of the biggest advantages of these tokens is that they give the holder a direct stake in decentralized financial platforms. Those who receive tokens have the leverage to decide how the platform’s economy transforms over time. Is Polka Ventures approaching the government token with on-chain governance? Do participants have incentives to consolidate power and steer the network in directions that benefit them?
Currently only the Lichtenstein fund is active, named after the pop art painter Roy Lichtenstein and in a way the father of “polka dot” painting is our initial investment fund. When do you intend to activate the other 2 funds? What is the POLVEN investment procedure based on?
Basically, there are 3 different approaches to chain governance:
Fork-Based Governance, Stake-Based Governance and Entity-Based Governance What is the approach implemented by Polka Ventures for the selection of projects to invest?
I understand that you place an investment ticket of various amounts and invest, that you make the investment and then it behaves in a fractional way. Could you explain step by step the financing of stable assets?
Submit any promising projects in the field of DeFi, NFT, crypto or blockchain infrastructure. Then we will discuss it with our community. How can I earn money by betting and staking? What are the interest rates and who sets the duration?
Our community plays a very important role: any member can submit a start-up project that was identified to match our investment criteria. after one
preselection of our advisers, we will send the projects for voting.
Do you apply the governance token context in its entirety? And if a project does not turn out what it seems and its value goes to the ground?
Polka Ventures will play an important supportive job for promising ventures projects that mainly are on early stages, at this point can be tricky to discern when a project will have a solid mission that will be worthy to invest, what’s the role of your community in choosing the target projects? How will you know if the choices were right?
Your governance method is “stake-based”, so everyone that holds enough of your tokens can participate, how do you incentivize your voters to make good apportations to your platform? Is there any way to reward them?
In the Medium of the project you say that you only invest in projects that will shortly list a token on a DEX and that the investment targets have to have a liquid token or planning to list it shortly. Why are these requirements necessary? For what purpose do you set these parameters?
PolkaVentures invests in projects in their initiation stages, but what are the characteristics or aspects of projects that you evaluate to make sure they are not fraud and scams?
In the PolkaVentures whitepaper you say that “The Polka Ventures (POLVEN) token is not intended to be a digital currency, a commodity or any other type of financial activity,” so what is the use of the $POLVEN token? What is the purpose of the project?
It’s great that start-ups can get capital from platforms like Polka Ventures, but what happens if the project you invest in doesn’t accomplish their goals? All investments entail risk, so how are you prepared to face loss if that happens?
The target for the fund size will start at USD 3 million for the first pool, USD 5-10 millions for the second and USD 20 millions for the last pool. These are significant goals to accomplish in a year, so can you explain more about the main sources of capital for these pools? Also, do you have investors, whether they are private or not?
Since the Polka Ventures’ users are the ones who vote on the projects to be selected for investments, the governance is a big part of your platform. Can you explain how is structured the governance of Polka Ventures?
Considering that Polkaventure use the Polkadot technology, so your project will do use of the Parachains? How?
Considering that your name is a combination of polkadot + ventures ( that is a sinominimous of Enterprise, company, etc) , so are you only able to provide services at business level? What about regular users like us?
Polka Ventures announced that its Pre-sale event will take place this Sunday 28th, so can you tell us what are the essential aspects that user must complete to be able to join on it? Do we have time to enter yet?
You mentioned in Polka Ventures twitter account regarding on investors private sales. It is started yesterday if I’m not wrong. Why this event only reserved for institutional and bigger investors? What is eligibility criteria for this event?
It is good to know that Polven Ventures has made a audit with Blackshot few days ago. Your smart contract follows common security practice. Can you tell us about this audit? Where we can find information about the audit?
Polka Ventures is about investments and financing, so I’m sure you have finance experts forming your team. Would you tell us about your team’s background and roles within the Polka Ventures platform?
Polka Ventures invests in startup projects based on the votes of the community, but what if users want to invest in projects that weren’t chosen through the governance? Can users make direct and individual investments in the projects they like? Or is this something that Polka Ventures doesn’t support?
I read that a requirement to invest in a project is that they will have to list their token shortly on a DEX. But we have seen the listing of many scam tokens on DEXes, so how do you make sure that those projects are legit? Would you explain further about the criteria you base on for investing in projects?
You have different funds within your website (Liechtenstein, Warhol and Rauschenberg). What is the reason for having 3 different types of funds within Polka Ventures ? Could you explain me in a better way what they are about ? Are they like investment plans that you give to projects?
In your roadmap in your second quarter (2Q) you say you will implement a “Governance Token Configuration”. But can you explain me how and why this configuration will be done ? Are there any bugs you need to fix or things to integrate ? Won’t this configuration affect positively or negatively users who have their native token ?
Polka Ventures claims to be a project that funds or assists in the initial development of projects regarding DeFi, NFTs, Cryptocurrencies and Blockchain. But for a project to be able to finance or invest in another project it needs to have a large amount of capital (money). My question is, what is the amount of money that Polka Ventures manages to finance or invest in other projects? Is there a limit to the number of projects they can finance? Or over time as they get the income or percentages for providing initial funding will they invest in more projects?
My question is about sataking, as the “Presale” of its native token “Polven” will start soon. You say that users will be able to bet with attractive interest rates. So, if I want to take advantage of the presale to buy some tokens for staking, is there a minimum or maximum amount of tokens for staking? Do you also offer different earning plans with respect to the time the tokens will be blocked? Or do you have a standard plan?
If a person decides to submit a project to Polka Ventures that belongs to the DeFi, NFT, crypto or blockchain field, will the community decide to choose it? Or Polka Ventures has some standard preferences that characterize a project? That is, if the community chooses a project, Polka Ventures will be totally guided by the community or will it evaluate certain factors before ?
In “staking” they mention that users will be able to earn money by betting their native token “POLVEN” at attractive rates. But will it be possible to bet only for 6 months or will it be possible to shorten or extend the term of this duration? Will the users really have an “attractive” rate of full profit ? Or is it necessary to bet large amounts for a long time to be able to see good benefits?
polka venture, based on smart contracts under what market criteria will you apply the interest rate on investments, specifically in the implementation of DEFI tokens?
What does it mean that in order to exercise the rights associated with DEFI token ownership, this token would have to be transferred elsewhere?
How is the return on investment going to be realized and how long is it expected to take?
I have read that my earnings will increase due to their extensive investments, not all investments are good, if polkaventures investments result in a failure will my earnings decrease or remain stable? How are my earnings calculated based on the success of their investments?
I understand that polkaventures only invests in projects that are close to listing their token on a dex, why only projects like these? What other criteria does polkaventures use to select the projects they will invest in? How do they know these investments will be successful?
I was looking at your different funds Lichtenstein, Warhole and Funds these represented by a pop painter, Marylin Monroe and Kennedy, what is the reason for these graphic representations ?could you tell me more about your funds and where do they come from?
You say “The future is about creating value If we have tools to empower each other” my questions are simple how does Polkaventures plan to create value ? And what tools do you have to empower your users and your platform ?
What incentives do you offer to users who submit any promising Defi project to be evaluated by you and the community ? and what benefit do I get from voting for any of these projects to be selected?
I read from your twitter that PolkaVenture have won a nominee as one of the best project which have best website Madeontilda by Tilda. Can you share what is Tilda and what effort that PolkaVenture’s team already do to get this achievement?
If I had a new project and wanted to apply to look for financing from PolkaVentures what would I have to do? And what are the conditions for this financing, how is it benefitial for PolkaVentures?
How can we get into the Yield agriculture program of PolkaVentures, what is the minimal time and amount of money needed to get in?
One way to promote a project to attract users is through doing AMAs and we all know how great the community support can be. So aside from doing AMAs, do you have some great plans to grow your community and to educate them about Polka Ventures? If so may we know in advance what are these events you are planning for the community in the upcoming months?
For Cryptocurrency Projects to grow at the rate they need to and convince the world that they’re big enough and strong enough to be adopted, “Strategic Partnerships” will be the KEY. So can you tell us your future plans about Strategic Partnerships and who are your current partners now?
is the polka venture investment fund backed or protected by any institution or securities and exchange commission? in case it is not regulated, what would be the responsibility of polka venture with respect to DeFi, NFT, crypto and blockchain projects?
polka venture what kind of instrument or digital tool will you implement to legalize the use, and terms of the DEFI and NFI financial application?
The Warhol fund will be aimed at attracting institutional investors, what type of institutions will it be aimed at, how will it operate, the logistics and what regulatory rules will govern it, will its rules be based on the laws of the country of the Warhol fund’s fiscal domicile, and will it be based on the laws of the country of the Warhol fund’s fiscal domicile?
Polka Ventures is a decentralized alternative investment fund. You invest in DeFi, NFT, cryptocurrency and blockchain projects. How are all candidate investment projects you intend to support selected for? How do you calculate the size of this investment and on what terms do you provide it?
Your first fund Lichtenstein, the other 2: Warhol and Rauschenberg – will be launched later. How do you decide on the name of the funds, will they be targeted at different categories of users or not? And will they be connected with each other in the future?
Suite C, Level 7, World Trust
Tower, 50 Stanley Street,
Is Central, Hong Kong your main office address? But I looked at several members of your team and it seemed to me that these people are from different and different countries and even continents? Is it so? How did you find each other and do you have common meetings?
Polka Ventures have different funds – the Lichtenstein, Warhol & Rauschenberg. Could you please elaborate each funds with their crucial role in your ecosystem? Also as time goes by, will you add more funds?
Can you explain more about the institutional investors that you are planning to integrate this coming months in Polka Ventures network? Why choose those investors? What gainful benefits you will get from each other as a partner? Are you already in the process of negotiating with this investors? Aside from institutional investors, do you plan to integrate other kind of investors in the future? Thank you
What is the long term vision and goal of Polka Ventures? As your project started last 2020, what are the major milestone and great outcomes you have achieve so far? What challenges you encounter and how did you overcome those challenges? Thank you
Can you tell us how the retail user will use your platform? What will be the process if a member of our community wants insurance, for instance. Do they have to complete KYC?
What stage is the project at?
Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?
What requirements must a project meet in order to receive investment? Or is the only requirement a victory in the community voting? How is the selection of projects going?
In order to invest in other projects, you need to have a lot of money. Tell us about where you got the start-up capital. Perhaps you also once received investments as a promising startup, or are you planning to receive money for investment from the sale of your own token?
Polkaventures offer win-win principle to user with many possibilities to increase their gains. Can you explain what kind possibilities that user can get to increase their income? And how its become win-win solution ?
Best off luck
How do $POLVEN holders benefit from your investments?
How important is the community to you? And how can we collaborate or help you for the development of the project?
Do you have a special community fund that is filled only with money from the community? And is the community deciding which projects to invest in? Or are all investments made at the expense of individuals?
Staking is currently a trending tropic. What staking options will be available for the $POLVEN token?
Tell me please on your site I read – Our exits – Hegic. Do I understand correctly that you have not yet launched yourself, but launched the project Hegic?
It says on the website –
Leave your email and participate in our Initial DEX raise:
Tell me, is it in order to get into the white list for Polkaventures presale or it is only for DEX? Are there any limitations and can I still be among investors with, say, 500 BUSD?