We are pleased to announce our next AMA on April 21st 2021 at 03:00 PM UTC Time: Satoshi Club x BSCstarter
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BSCstarter Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BSCstarter Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BSCstarter
For more details:
BSCstarter Website – bscstarter.finance
BSCstarter Telegram – @bscstarter
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
While exploring the IDO pools on your website, I found out that in about two months of IDO operation, a total of 14 IDO pool sales have been filled while at least 29 IDO sale that were supposed to go live were cancelled. Since you said BSCstarter will not act as a centralised body that vets or approve project, how did you arrive at the decision whether to approve or reject a sale even when such sale pools has been activated on your platform? What procedure is used to perform due diligence verification on projects in order to ensure that legitimate projects are allowed to launch and what role do the decentralised community of $START hodl-ers play in the validation process?
When you started with v1, the main focus of BSCstarter was launching and participating in IDOs using $START. But with the recent launch of V2, you have introduce a new token called $VEST. How will $VEST ensure team token and liquidity locking? How do you plan to incentivise projects to start using the Vesting feature or will vesting be compulsory for projects who want to use your starter? Also, you said that this $VEST token will be the first unlimited use token and liquidity locking service on Binance Smart Chain, so, apart from it’s usage in Vesting schedule, what other utilities will $VEST have which can make it an unlimited use token?
Towards the ends of March you released an update to BSCstarter and launched BSCstarter V2. Out of the new 4 major areas of modifications, the Guaranteed Allocations is what am concerned about because it will allow Gold, Platinum and Diamond users to be the first to buy tokens in the first 2 hours of any IDO sale before the remnant of sales are opened up for other investors to join. With this set up, do you think there will be token remaining for others to buy considering how financially strong these set of Users are? Why did you abolish the FCFS model which would have given everyone a fair opportunity? How do you ensure fairness and inclusive consideration for all financial category of investors that you have?
By allowing the START token Hodler community to make their own decisions on which project will or will not be approved by BSCSTARTER, setting aside the bureaucracy and KYC rules. Does this practice allow you to make the right decisions? Do you think the community is ready to make these decisions, unlike other bsc projects that do it manually and use KYC?
How can I become an active member of your community to receive rewards in BNB and START tokens? What kinds of activities can we participate in as a community? Is knowledge required or can a newcomer prove it?
What kind of achievements AND collaborations as a project can you mention and share with the community that inspire trust and motivate users to use the START token and BSCstarter?
What did BscStarter take into account when formalizing a partnership with Bridge Mutual? Do you plan to formalize other partnerships?
CAN I EARN $BNB BY OWNING $START TOKENS, IF SO, HOW CAN I DO THAT, WHAT PROCESS IS REFLECTED THERE?
REGARDING $START TOKENS, HOW IS THE SPECIFIC DISTRIBUTION OF THESE TOKENS?
Currently developers looking to launch a new project face the daunting tasks of building a fair pre-sale offering, attracting investors who support their vision, and then providing liquidity for their token. Investors acting alone must sort through a crowded project landscape and create their own metrics to assess presales. What benefits does BSCstater provide for the solution to this problem? Can developers submit their IDOs to the BSCstarter community for reviews? What profile must they meet to be able to fit in?
WHAT DOES BSCSTARTER PROVIDE TO THE BLOCKCHAIN BINANCE SMART CHAIN, WHAT IS THE PURPOSE OF THIS PROJECT?
Initial decentralized offerings, or IDOs, carry a great deal of unnecessary risk for both developers and investors. With new tokens constantly popping up, it can be nearly impossible for investors to separate gems from scams and for legitimate developers to stand out from the rest. What is the solution presented by BSCstater to eradicate carpets? What steps should I follow to submit and accept an IDO? What are the updates that your V2 brings?
At the time they started with v1, they mainly focused on BSCstarter was pulling and participating in IDOs using $ START. But with the new release of V2, a new token with the name of $ VEST has intervened. How does $ VEST secure the group token and liquidity closure? How do you plan to motivate projects to start using the entitlement feature, or will entitlement be mandatory for projects that want to use your initiation? Also, you say that this $ VEST token is going to be the first unlimited use token and liquidity closing service on Binance Smart Chain, so in addition to its use in the schedule to acquire it, what other functions can it have $ VEST that can transform it into an unlimited use token?
By giving them the freedom for the START token Hodler community to draw their own conclusions and make their own decisions about the project that will be confirmed or not by BSCSTARTER, leaving aside the bureaucracy and KYC laws. Does this way of working allow you to make good decisions? Do you think that the community is fully capable of making these decisions, and not doing it like other bsc projects that do it manually and use KYC? What would be the advantages?
At the end of last month, they released an update to BSCstarter and released BSCstarter V2. Of the four main new mod zones, the guaranteed charges are the ones that concern me because they will allow gold, platinum and diamond users to be # 1 to get tokens in the first 2 hours of any IDO sale before opening the remnant sales, for other users to invest and join. With these settings, do you think there will be a token for others to obtain taking into account the financial stability of this group of users? Why did you abolish the FCFS type that would have given everyone a fair chance? How do you guarantee equality and consideration for all financial categories of the users for investing that you own?
You have two Pools in your platform,the Finished Pools and the Cancelled Pools. Can you explain more about how does this two pools differ? What maybe the reason for cancellation of pools? Can anyone participate this pools in your platform? Thank you
Website mentions that the BSCstarter team does not endorse, support or otherwise perform any due diligence on the projects listed on its platform. This sounds scary. How can users be sure that the projects listed on the platform will not rugpull? There are many beginners in crypto space who have no clue how to perform reliable due diligence on new projects/
What is the required minimum START one needs to hold to be eligible for getting 2% BNB redistribution? If START grows in price will you consider adjusting the limits to allow more people to join higher tiers?
As an IDO platform, how will you consider a project to launch IDO in BSC Starter? What are the requirements and qualifications?As an investor,how can we trust and assure that every project launch in your platform is highly recommended and will not be a rug pull as time goes by? Can anyone participate with the IDO or there is a whitelisting process also to be taken? Thank you
Stats section shows that users need to hold at least 500 START for Guaranteed Allocation, with the price over $26 this is a very hefty sum of $13000. How many users hold such bags? Do you plan to lower the barrier to allow more people to enjoy the higher tier benefits?
1:-What’s the best way
for the community to learn more
about bscstarter and to keep updated
about bscstarter
2:-Why is there no hype around bscstarter
3:-What’s your greatest threat
going forward and what plans are in place to
overcome them?
There are some projects on BSC for hosting launchpads for new projects. But this must not be the only job and responsibility for a project that hosts launchpads. What do you think about this? I think you must guide both the investors and the developers for this. I know you are not mainly responsible for projects, but do you feel responsibility about the projects you are hosting and do you have any mechanisms for guiding the developers and investors?
I see that BSCstarter already become top launchpad for BSC project. My question is how many total project that already registered and using BSCstarter, Can you describe which project are that? And what are the requirement if a BSC project want to join and use launchpad from BSCstarter?
As I see on your website you have 2 different allocation types for projects. One is first come first served and the other one gives a guaranteed allocation. Don’t you think this can cause for whales to eat up almost all the launchpad allocation? Do you separate the pool into two for both FCFS and 500 START holders? How this system works?
I want to ask about your team. Your team consists experienced people from Cocktail Finance, Hurricane and YFL. For example as I remember the smart contract of Hurricane Finance was exploited. So do you think you team inherited the all good properties and with the experience of bad events like this ready for anything for the future? What do you say about the experience of your team?
I think trust and security are important thing in the DEFI & cryptocurrency world. Could you tell us what makes people or user feel secure when want to invest or work with BSCstarter ? How will you convinced user that your platform is safe and trusted?
I see that BSCstarter have native token $Start token, also you just announced already doing burn and buyback for $Start token. Can you tell us what are triggering your burn and buyback token? How does your burn and buyback system work?
What is ONE thing that your project offers that differs you with all the upcoming competitors and make you worthy of investors?
What is your advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?
What is your strongest advantage that you think will make your team leading the market? and In contrast, what is your weakness? How do you plan to overcome it?
What is the strategy used by Your Project to attract new users and investors and keep them in the long term?