PART 1. Introduction of RAGE.FAN project and community questions.
Hello, Satoshi clubbers and guests of this site.
Today’s online sports industry trades on false promises of getting rich quickly. Rage.Fan aims to address the lack of transparency and ensures that participants get the maximum benefit.
The plan of AMA session:
- Part – Introduction and preselected questions.
- Part – Live questions
- The Quiz about RAGE.FAN
The reward pool is 500$
Leading the AMA our clever and fun admins:
Gold Rocket | Satoshi Club – @GoldRocket27
Andrés M. | Satoshi Club – @AndresM77
The Representative of the project:
Sat@Rage.Fan Fantasy Sports – @SatheeshAnanth
Vivek Kumar – Marketing Head at Rage.Fan – @RageFanSocial
Introduction of RAGE.FAN project.
Gold rocket | satoshi club:
Hello, dear community!
Sat@rage.fan fantasy sports:
Hello there
Gold rocket | satoshi club:
We are pleased to announce our next ama with rage fan😊
Andrés m. | satoshi club:
How is going your day my friend?
Hello @satheeshananth @imavericks and welcome to Satoshi club
Vivek kumar:
Hello everyone! It’s good to be here!
Andrés m. | satoshi club:
Is an honor for us 👍
Gold rocket | satoshi club:
Today our guests are @satheeshananth @imavericks 😊
Welcome to satoshi club
Sat@rage.fan fantasy sports:
All well – crazy times but all good crazy 😊
Gold rocket | satoshi club:
We are very glad to see you and excited about the upcoming ama😊
Sat@rage.fan fantasy sports:
Great to be here as well. I am looking forward to an exciting conversation.
Andrés m. | satoshi club:
We as well, to know more about you and your project 😃
Gold rocket | satoshi club:
Well! Guys! Let’s start?
Introduce yourself. How did you get to be involved in crypto & rage fan?
Tell us please about yourself and your position as a rage fan.
Sat@rage.fan fantasy sports:
I am satheesh, the CEO of rage.fan – have been in tech for the last 26 years and in blockchain for 4 and crypto for 2. Been in enterprise firms supporting and delivering large global projects and products, have managed large state it systems, and driven 100+ million dollar business. Rage.fan is a passion-driven initiative that we have started to bring the benefits of blockchain, crypto community, and the sports ecosystem to bring better value for all stakeholders
Vivek kumar:
My name is Vivek Kumar. I am an MBA graduate from iim Shillong and ieseg Paris. I have a total experience of 7 years across strategy & consulting, marketing, and program management. Currently, I am looking after the marketing side at rage.fan. In the past, have worked with large MNCs and consulting firms.
Gold rocket | satoshi club:
Wow! Amazing background! 👏👏 what is the essence of your project?
How long does it take to develop a project? What plans do you have for the future? And what can we expect from rage fan?
Sat@rage.fan fantasy sports:
Frankly, projects of this nature are evolving continuously and in tune with the expectations of the community. So I am not sure if we will ever say done – having said that, we do have a roadmap that we are executing towards and believe that it will allow us to deliver an interesting and exciting experiences for our users over the next year and more. The platform roadmap is available at www.rage.fan
Andrés m. | satoshi club:
We are excited to know more about your targets for this year and milestones.
Great experience 👏 guys.
Sat@rage.fan fantasy sports:
Bring decentralized community benefit-focused fantasy sports platform that can be completely and truly enabled to deliver maximum value for the fans
Gold rocket | satoshi club:
This is quite an interesting niche in the crypto industry👍
Thank you very much for the great intro! Would you like to add something or are you ready to jump into community questions? 😊
Vivek kumar:
Before we move ahead – something I need to clear and it’s important also. Rage.fan is just not a fantasy sports platform but thinks of it as an ecosystem where you have lots and lots of things and secondly $rage is just not a game token rather way beyond that.
Gold rocket | satoshi club:
Sounds good😉
Vivek kumar:
Yes.
Andrés m. | satoshi club:
Thanks for that clarification
Sat@rage.fan fantasy sports:
Sure – we are excited to hear their questions! I think @imavericks has something more to add.
Andrés m. | satoshi club:
Ok, let’s wait for him
Gold rocket | satoshi club:
@andresm77 shoot please🏑(when everyone is ready)😊
Preselected questions about the RAGE.FAN DeFi project.
Andrés m. | satoshi club:
Q1 from telegram user @juansb07
What are more reasons why rage fan decided to focus on sports and games like cricket, soccer, volleyball, kabaddi, basketball and hockey? Did they do it solely because there is an exponentially growing user base of over 2 million sports fans? Or are there other characteristics they relied on like simple entertaining or passion for sports?
Vivek kumar:
The core is always about the passion that you want to bring in whatever you have for something and you want to deliver something valuable for everyone. So, the fundamental is about passion towards sports.
Secondly, in anything that you do eventually, you chase 2 things – scalability and diversification. Scalability comes when you reach masses and to do that, either you need to have low-cost model or feature diversification. In this it’s a sort of you can say both as in later stage these will start coming into the picture.
Done.
Gold rocket | satoshi club:
This is very smart: diversification and scalability!
Andrés m. | satoshi club:
Sports tokens are so famous at the moment, there are different platforms with the same topic, what makes rage fan different from the direct competitors?
Gold rocket | satoshi club:
I understand. Now there is general tokenization of sports teams.
Andrés m. | satoshi club:
That means amazing news for sports lovers like me 😁
Gold rocket | satoshi club:
By the way, your tweeter is very popular. 25k + readers it says a lot! 😉
Andrés m. | satoshi club:
Wow, a big number of followers😁
Sat@rage.fan fantasy sports:
We have started off with a mission – we believe that sports have the potential to bring the whole value, opportunity, and understanding of the crypto ecosystem to the mainstream by providing value built on people’s passion. We have just released an app in alpha called scramble that is used to collect trade tokens (which will be equal to rage once we launch) which are inspired by pokemon go and are all about education of tokens and what they are about while you play
Gold rocket | satoshi club:
Is this a mobile app? Can you please share with our satoshi clubbers?
Sat@rage.fan fantasy sports:
It is a mobile app and we should be ready for a beta launch later next week! We will be thrilled to have the satoshi team have an exclusive day with it – if they promise to help us improve and give us feedback while they also join us in the community and become users of the project 🙂
Sat@rage.fan fantasy sports:
Similarly, we have announced the launch of the UNFTS and the first set should be coming out soon – these are focused not on exclusivity based on design and artwork but around availability and more importantly around utility and perks that they bring to the table. We are combining NFTS to make them almost like a loyalty card for purchase discounts
Andrés m. | satoshi club:
When you said that is how pokemon go, that means that the user should collect trade tokens walking around the streets?
Sat@rage.fan fantasy sports:
Yes, they will hunt tokens and who knows they might find some interesting NFTS that they could use for various perks on the platform.
Gold rocket | satoshi club:
You have a lot of non-standard solutions👍
Andrés m. | satoshi club:
Will it be able for all the countries?
Vivek kumar:
Rage.fan has placed no restrictions on where the tokens will be made available and who can use the scramble app. Having said that, rage.fan will always encourage playing on the app in a responsible manner and to ensure that all players follow all the rules of the location and neighborhoods and not involve in any activity that could be unlawful, harmful, risky, or invades someone’s privacy.
Andrés m. | satoshi club:
Great work, we will expect of the official laucnhment 🎉
Gold rocket | satoshi club:
Big thanks for your answers! Ready for the next question? 😉
Vivek kumar:
Sure!
Andrés m. | satoshi club:
Q2 from telegram user @garrinepotter
Tell us about scramble – augmented reality-based token drop app.we still have time to apply to participate in testing? What conditions must i meet to participate in testing? What bonuses will alpha testers receive?
Vivek kumar:
So think of scramble like a tutorial before we launch the contests on rage.fan.
We opened the application for 100 volunteers and it got filled up like an hour or so at max. So, it’s a select-only invite as of now.
Rewards come in the form of trade as Satheesh was saying above and will be converted back to rage later after TGE. Then you will also be rewarded for discovering bugs and lastly, you stand a chance to be selected as one of the long-term ambassadors also.
Andrés m. | satoshi club:
How to join your ambassadors program?
Vivek kumar:
Again, I will have to say that round 1 is closed and we are preparing a shortlist from them. If required will open round 2 in coming time.
Gold rocket | satoshi club:
This means @garrinepotter has a good chance to participate👍
Andrés m. | satoshi club:
I think, our whole community have it
Gold rocket | satoshi club:
Thank you very much for your answers! Ready for the next question or want to add something?
Vivek kumar:
I think we should jump to next. We are good to go.
Gold rocket | satoshi club:
We want you to feel comfortable. So, feel free 😊
Vivek kumar:
So nice! Thank you so much – really appreciate it!
Andrés m. | satoshi club:
So the clear answer, thank Vivek 😃
Andrés m. | satoshi club:
Q3 from telegram user @moe_808
I read on your website that the platform has a native token ($rage) that serves the dual purpose of “play system” and “community governance”, rage.fan is taking the utility of their token to the next level via ar token mining. So can you tell us how AR token mining works? And the difficulty levels available for ar mining?
Vivek kumar:
So, it’s like get out of your bed and other places of comfort. Go out and explore places and in the meantime get $rage and who knows NFTS also!
You can get $rage in 2 ways – on the map and in sporting events. Both mean exactly the same as it sounds.
In terms of difficulty, yes, it’s like 3 levels of difficulty in terms of time and value
Vivek kumar:
We have prepared an excellent article on the same. Encourage all to please give it a go:
https://medium.com/@ragefan/rage-utility-series-ar-token-mining-9bb367e79549
Andrés m. | satoshi club:
What is the probability to find NFTS?
Vivek kumar:
That one has to try out! 😜
Andrés m. | satoshi club:
Ha-ha I’m a collector, so I will try for sure 😁
Gold rocket | satoshi club:
I know you already have NFT prototypes. Can you share with us, please🙏
Vivek kumar:
Yes, give me a sec!
Gold rocket | satoshi club:
Wow! They are wonderful! ❤️
Vivek kumar:
Yes and not only this – these will be informative also. We are adding a little information layer to it also.
I have shared 2. These are prototypes. So you can expect what to expect when we will have a full-fledged in store
Gold rocket | satoshi club:
You have very good designers👍 I want them all😁
Vivek kumar:
One has to be good to work with me😜 But jokes apart – it’s about delivering something called a “WOW” factor and it’s important also because at the end of the day you are investing something (time, effort, emotions, etc.) and in turn, you would have some expectations also.
Andrés m. | satoshi club:
Ha-ha yes Is needed to catch all of them 😁
Vivek kumar:
One has to be good to work with me😜
Gold rocket | satoshi club:
No doubt😁
Gold rocket | satoshi club:
Also, we would like to know about your team. Who is on the project team?
Vivek kumar:
So, from the core team perspective:
— we all met Satheesh. He is the CEO
— I am marketing head
— then we amazing people taking lead positions as CTO, product head, and ops head.
It’s actually a very well-balanced team. I think the core team matters also a lot in terms of setting up vision and chasing that. It’s fine to have different methodologies but at the end of the day, vision should be aligned.
Gold rocket | satoshi club:
Absolutely right! 😊 ready to proceed to the next question?
Sat@rage.fan fantasy sports:
Today we have a total of 13 members on the team
Gold rocket | satoshi club:
Not so much for such an ambitious project👍
Andrés m. | satoshi club:
Amazing efforts of your team, are you looking for more members? Some vacancies?
Vivek kumar:
We talked about scaling earlier. So you never know!
Andrés m. | satoshi club:
Great, so are you ready for our next question?
Vivek kumar:
Yes absolutely!
Andrés m. | satoshi club:
Haha nice stickers 😁
Andrés m. | satoshi club:
Q4 from telegram user @gutike95
I understand that $ rage tokens could be used to reward winners of fantasy games, but will they also reward them with NFT tokens? Or those NFTwill be exclusively used for big events and competitions?
Andrés m. | satoshi club:
Partially covered, no? I think you can tell us different ways to win NFTS different from the app
Vivek kumar:
You have to bear us for some more time on this as we are very close to getting everything out in a very lucid and detailed manner.
Andrés m. | satoshi club:
Btw, could you tell us more about your partnerships? Have you contacted some sports teams to work with them?
Vivek kumar:
So, so far, we have Зolygon, bionomy, Зlaycent and Kylin. As we speak, we are in talks with a couple more and we are very excited about them. It will be out soon.
Andrés m. | satoshi club:
We will be expecting news about it, congratulations 👏
Gold rocket | satoshi club:
Yes, Satoshi clubbers are very curious. And they want a hints 😉😁
Vivek kumar:
No, the idea is that we want to make sure it does justification with expectations and anticipations
Gold rocket | satoshi club:
Familiar names. Many of them are our friends and partners 🤝
Vivek kumar:
Nice.
Andrés m. | satoshi club:
Vivek kumar:
Yes, we are hopeful too and working hard on it.
Andrés m. | satoshi club:
Are you ready to proceed with the next question?
Vivek kumar:
Yes sure
Andrés m. | satoshi club:
Q5 from telegram user @belkysgonzalez
I noticed that polygon (previously Matic) is a partner of rage fan. Would you tell us what was the motivation to partner with them? And will there be other partnerships coming in the future?
Vivek kumar:
Once our product is deployed, we expect that the rage.fan platform will process an enormous amount of data on a daily basis. In its current state, the Ethereum framework is non-scalable and non-sustainable. Transactions might end up getting stuck in queues if the Ethereum network is congested unless users are willing to pay exorbitant transaction fees. This would kill the user experience and most likely drive users away from our platform.
The partnership with polygon will help us scale transactions in a cost-efficient and reliable manner. Even when our platform experiences heavy traffic, we will be able to guarantee a seamless and uninterrupted user experience. With polygon continuously working to improve scaling on Ethereum, rage.fan will continue to provide the best-in-class fantasy sports experience to fans.
Gold rocket | satoshi club:
Care of users! Great motive and great partnership!
Andrés m. | satoshi club:
Talking about the deployment of your product, have it been audited, or is it in the process to do it?
Vivek kumar:
Yes, it’s in the process to be! In fact all the details we have outlined here for all to follow along:
My pleasure!
Andrés m. | satoshi club:
It’s time to go with our last question of this part of the ama, something to add? 😁
Vivek kumar:
Not really – I think we got covered well
Andrés m. | satoshi club:
Q6 from telegram user @highpee
You have scheduled an IDO on zero and pools on 31st of march after you completed your private token offering which allowed you to raise $1.6 million some few days ago. Who are the private participants/ventures who joined the fundraising event? How are their token release designed and in what way do you hope to deploy the proceeds from this fundraising? Also, what are the procedures to join the public offering which will take off on zeedo and poolz?
Vivek kumar:
It’s a too big a question!
https://t.me/rage_fan_announcement/62
https://t.me/rage_fan_announcement/75
https://t.me/rage_fan_announcement/46
https://t.me/rage_fan_announcement/50
I think these links will answer all questions!
Gold rocket | satoshi club:
You will not be caught off guard by a long question 😁
Friends! Thank you very much for your answers! And now comes the most exciting part of our ama. Open chat.
@satheeshananth
@imavericks
Sat@rage.fan fantasy sports:
Yeah
Gold rocket | satoshi club:
You need to pick the top 10 questions and answer them.😊
PART 2.Questions about the RAGE.FAN project from the live chat of the telegram community.
In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the RAGE.FAN crypto project chooses the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q – 1 from a telegram user @IsabellaIsla
Why does Rage.Fan only focus on sports or fantasy games? Since there are many attractive game modes like MOBA or some others that attract users. Why has Rage.Fan wanted to focus on these?
Vivek Kumar:
It’s about starting off. It starts with fantasy sports and then in later phases we will move to e-sports and RPG mobile games later
Q – 2 from a telegram user @feranno
Three important problems focused on in the crypto industry: Security, scalability, and data security are considered. Does RAGEFAN provide a complete solution to these problems?
Vivek Kumar:
No solution is perfect. We all try.
Q – 3 from a telegram user @NataliyaKil
Rage.Fan is launching uNFTs in the form of Action Cards. What is the purpose of these Action Cards, I can only buy them, can I receive them as a reward or as a gift from another user?
Vivek Kumar:
These are digital collectibles and comes with values – Tangible (Monetary, rarity and uniqueness) + Intangible (feeling of owning something which is rare and unique)
You can own them and also trade them over a marketplace.
Q – 4 from a telegram user @stevefix56
In the long term, what future plan can users get from Rage and should the community expect more partnership like with Polygon?
Vivek Kumar:
The answer roots back to scaling. Scaling in all sense – audience, features, games, partnerships etc. telegram user @K2ice
On the security aspect, do you think that the DxSALE platform is prone to cloning?
Vivek Kumar:
Currently, there are a project that is taking ideas ofc but in terms of actual cloning- none as everything is private until the audit is done.
Q – 6 from a telegram user @Korryl
can you explain what must I do if I want to do investment with Rage Fan project? any step by step or guide about this?
Vivek Kumar:
IDO is coming. Follow our media handles.
Q – 7 from a telegram user @Long10X
Staking option is available on Rage platform?
Vivek Kumar:
1.0 is a staking and unstacking platform with fees that are distributed to others along with burning.
Q – 8 from a telegram user @Guandog
As we know, NFTs are here to stay disrupting the entire crypto market, can you break down your opinion and vision about NFTs within the platform?
Vivek Kumar:
Yes, we have a lot of ambitious ideas around NFTs for our platform, haven’t seen anyone do it like the way we will be approaching the space yet.
Q – 9 from a telegram user @blockchainstake
Do you have liquidity mining program that we can earn there and what are the APY’s we can earn?
Vivek Kumar:
in the works with some partners for DxFarming might not be until a couple of quarters. right now there’s a lot we want to do.
Q -10 from a telegram user @dumpspump
You know there are many different blockchains so how many blockchains do you support on your ecosystem?
Vivek Kumar:
We currently support 3 – AIM is to support 8-10 then do a big UI overhaul update.
Supported – ZIL, POLY, ETH, BSC
Part 3 – Quiz about project
In the final part, we tested the knowledge in terms of the RAGE.FAN project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ 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: RAGE.FAN
Telegram group | YouTube | Tweeter | Website | Medium