We are pleased to announce our next AMA on April 26th 2021 at 01:00 PM UTC Time: Satoshi Club x Bingus
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bingus Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Bingus Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Bingus
For more details:
Bingus Website – bingus.finance
Bingus Telegram – @bingustoken2official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
As Bingus Token can appreciate, once it discovered a bug in the contract code, Bingus Dev immediately informed the community and advised everyone to withdraw their money. Bingus and now Admin, then Whale MJ, stuck to the bottom to ensure that most people could get out without losing money. After delving into the subject, I would like you to tell me if security is of a high level, it is highly reliable and if the old error in the contract code has not happened again?
As they say that their marketing campaign is already underway. Could you tell me how effective is your donation strategy? And in what is your marketing campaign? Despite the error in the code and the various events that made the community have to withdraw the money, could I be committed that instead of falling, Bingus only increased in his re-launch?
When making a transaction in Bingus, 1% of it goes to charity, 1% gets burned, and 1% is redistributed. That increases the fee up to 3% without considering the blockchain cost. What extra costs are involved in transactions on Bingus?
What is the destination of the % of the transaction fee that goes to charity, what causes is Bingus constantly donating to, are users part of the selection process?
Bingus is doing an awesome job helping animal shelters with their donations. How can we suggest shelters to add them to the donation list?
I read on your website that 1% of transactions go to the Charity Wallet. Is this 1% charged in addition to transaction fees or fees? By the way, what is the commission itself?
And in what area are you doing charity, where will the funds from the Charity Wallet go?
The $ Bingus token is a charity token. In addition to the 1% commission on transactions, are there any other sources of replenishment for Charity Wallet, maybe you have a foundation, patrons or sponsors whose funds also go to charity?
For the first time information about a bald Sphynx cat appeared in March 2020. A group on Instagram Subarusocks posted a video in which the owner strokes the cat. The popularity of the animal rose sharply in September due to a viral publication on the Reddit website, after which social media users began to call all sphinxes Bingus.
This is the story of the appearance of the real cat Bingus. Why did you name your project Bingus and use the image of the sphinx cat Bingus as a meme?
All the donations you have made were only mainly done in US and one in Russia. The present ones available for voting are also in the states. Does that mean your charity is limited to the US? Are you planning on expanding to other countries? I also noticed that you touch mainly the domestic Animals. Do you have plans to extend the charity program to save wild significant animals from going into extinction?
Is Bingus governance community driven? My reason for asking this question is that the only area i noticed the community comes in is voting for the next charity with our lp tokens. All other decisions are made by the team. How can the community be actively involved? What other benefits can we gain from this project?
You keep laying emphasis on NFT. You talked about the chance of getting an NFT when we vote. I know your project/token is operating on the BSC blockchain and you don’t have a BINGUS NFT. Which kind of NFT are you presently giving out? What are your future plans on NFT? Is there any other way we can get NFT on Bingus?
The first thing I read when entering the Bingus Finance website is that your cryptocurrency is related to justice and guarantee, based on the benefits of decentralization, what is the relationship between this concept and the logo of a cat? How can the decentralization of your token provide solutions for animals?
The Bingus Finance team says that the integrity and honesty of Bingus were very contagious and grew rapidly in the community. How did Bingus initially enter the market without causing great expense and attracting the affection of the people? Is there a famous influencer behind this idea?
Bingus 1.0 was created primarily as a hobby or little fun project, how did a simple meme coin evolve into a useful tool in the hands of animal protectors? How was that development process until it became a solidarity project?
Bingus main purpose is to raise money for animal rescues and shelters from all around the world. But, can you tell us how do you decide what cause can be part of Bingus donation program? Because from what I’ve seen up to this point is that there are only 5 organizations on Bingus, 4 of them are from US, and one is from Iceland. So, how do you decide who can receive your donations? Can users participate in this selection process? If so, how?
Bingus is a platform with the purpose of raising money for animal rescues and shelters. Can you tell us more about what made you decide to donate to those specific causes? Also, as we well know there are other causes related to animals such as ONGs helping danger of extinction species, or causes that help to preserve certain kind of habitats. Will we be able to donate to those ONG through Bingus?
I was reading about the history of Bingus and I really liked that once your team discovered an error in the contract code, therefore, Bingus Dev immediately informed the community and advised everyone to withdraw their money, do you think that Actions like these create more trust in the community about your project? What steps has Bingus taken to build trust in the community and investors?
I understand that Bingus went through a difficult time correcting errors but this did not stop the growth of the project. How did Bingus Finance manage to carry out a successful relaunch ignoring the errors that occurred previously? Why has your working currency grown so fast without being affected by these errors or their history?
On your website it says that Bingus Finance donated more than $ 1ka in animal rescues in its first 5 days.What stories have been generated as a result of this type of actions and what are some foundations or animal establishments that have received your monetary contribution ?
On your website, it showed that your organization have donated some certain amount of crypto currency to 6 non governmental rescue mission, not to be judgmental or rude, i will like to know the role which your users plays in the choosing of the next non governmental organization to donate to. Are there some set of people that select the rescue mission to donate, can you please share with us how they are selected and how can someone apply for your charity rescue mission.
I see that Users can Vote for where next your charity funds will go to.. so how do you come up with the list from which users will vote from and what do users need to be able to vote in this case, are there any benefits or Incentives for users who vote for the next charity?
Bingus is a project that has a donation wallet dedicated for animal organizations and shelters, that was built on Binance Smart Chain. And as we know, Binance itself has a Charity that contributes to different causes from all around the world, incluing animal related ONGs. So, why did you decide to not work with them in order to achieve your idea of helping the voiceless animals across the world who cannot take care of themselves? Do you have plans to work with them later on?
1% of all transactions go to the charity wallet.. this means that when there are less transactions you get less funding to the charity wallet.. will the transaction fees be the only source of funding the charity wallet or will there be other sources in the future?… And when the next place to receive charity is decided, do you take everything from the charity wallet and donate as charity and then wait for funds to be gathered before embarking on the next Charity, or do you have other ways you determine what portion of the charity wallet goes for the next charity donation…
The present Bingus project is a second version of the first. There were contract code errors in the first version and this in a way lead to version 2. What measures have you taken to ensure version 2 is secure and safe? Have you audited the contract? I know you have also seen some loopholes in Bingus 1.0. Which improvement have you made to Bingus 2.0? Is there any significant difference between the 1.0 and 2.0?
I tried voting for the next charity and well i was required to vote with my lp token. But i don’t understand the system properly. What’s the price for each vote? Is there a minimum or maximum vote i can take? What will happens to the lp tokens i use? Will there be a form of reward?
You just started out and I am impressed with the number of donations you’ve carried out in a short time.. I am curious to know why there was a reduction in your 4th donation ($2500) when compared to your 3rd ($3000), if the number of users on your platform are increasing this means increased transactions and increased funding to the charity wallet.. so was there any special reason for this reduction?…and how confident or assured are you that your charity funds and donations will continue to increase and not decrease if you probably reach a certain climax in transactions..
Before making an investment in new tokens, I first like to verify the audits of the contracts related to the project. Has Bingus Finance carried out audits of their contracts? If so, what platform have you used to carry out this audit? if not, when will the audits be carried out to generate greater confidence in investors?
I have very common that projects like Bingus Finance block liquidity indefinitely while they plan the next steps of the platform and evaluate the results that are being generated, however, Bingus Finance has only blocked liquidity for 30 days, what is the reason for this decision and how does this benefit the development of Bingus Finance? Is it possible that these locks will be modified in the future?
NFT sale and auction has become very popular, I think it could be a useful strategy to raise funds for Bingus development and animal benefit, has Bingus Finance considered partnering with any NFT auction related platform?
I have been reading about your project but I did not find much about governance or the role that the community plays in project decisions How important is the community vote for decision making in Bingus Finance and what mechanisms have you established? for the community to participate in these decisions?
One of the people who work in the Bingus Finance team is Mike Cerisano (film and TV professional). How has Bingus Finance influenced film and TV to reach a wider audience? How have Mike’s ideas benefited Bingus Finance?
I use pancakeSwap a lot and the pools that are available to generate passive income, have you considered adding your platform token in one of those pools? Is there a way to passively generate Bingus tokens through savings?
Bingus is a very necessary and supportive project and the truth is that we need more people like you in the world, which is a very difficult challenge. The main objective of Bingus is to raise money for the rescue and shelter of animals around the world. But how do you plan to get to all the places in the world? Can you tell us which countries or states you currently have covered?
I did a little research on the statistics of countries with the largest stray animals and found that the European countries with the highest numbers of homeless animals are Russia (4 million), Romania and Turkey (2 million) and Ukraine (1 million). If we move to Latin America we find that in Mexico, 70% of the 18 million dogs that live in Mexico live on the street. There are surely more places in the world where the situation is worse. Do you plan to focus on these areas of the world?
Bingus is a project that is focused on charity for animals, but I would like to know how the team behind Bingus profits from this project. I assume that the team owns a percentage of the total supply of tokens which would mean that the team receives a percentage of the transactions, is this true? Or do you have other sources of income?
I saw on your website that you had a previous version; the V1, which happened to had an error in the contract that you found out later on, can you share with us more about this incident? How did you find out and what was that error causing to Bingus? Also, now that you are back on track with this new version of Bingus, how do you plan to give the security to your users that something like this error won’t happen again?
As we know by now, Bingus is a project dedicated to donate funds to shelters and animal recues, which is a big thing to do because those kind of places need all the help they can get. But, now that we are talking about a project like this that helps shelters out. Will there be any possibility later on of using Bingus to give those animals the foverer home they deserve? Will we be able to adopt them thanks to Bingus?
Bingus wants to help the voiceless animals across the world who cannot take care of themselves by donating to those ONGs that are helping them right now. With that said, will it be possible for Bingus and its community to open their own shelters to provide a better help to those voiceless animals?
First of all I want to clarify that the purpose you have and what you do is seem honorable and very admirable. Currently, ONGs are facing a severe credibility crisis, due to the scandals that have shaken many of these organizations. I don’t know if your project can be called an ONG, but these often lend themselves to acts of corruption. So how can the community know if charitable donations are true? Is there a site where the community can check this?
I was researching your project and I noticed that you don’t have a roadmap, why haven’t you launched a project roadmap? Do you plan to do it in the future? Also, could you tell us what are your plans for the remainder of this year 2021?
If I’m not mistaken, BogTools is your partner for the purpose of helping you with technology and infrastructure, but I would like to know how you came to work with BogTools and why did you decide it was a good idea to work with them?
Bingus is a platform that aims to help shelters by donating to them. Which is something we have already seen specially outside the cryptoworld, so this makes me wonder, why did you decide to create Bingus as a DeFi project? What benefits and advantages will this give you on your way to reach your goal?
I was reading that $ BingusToken holders will have the opportunity to nominate animal welfare organizations, and I was wondering if any animal organization can be nominated? What will be the requirements that they must have for an organization to be taken into account to participate?
I’ve read the audit made by Desesrt Finance for your project. The first thing is about website was registered on 03/31/2021, registration expires 03/31/2022 and says this is a possible flag. I checked about your domain registration information right now and see it is still same. As this is the number one potential sign of risk on the audit report do you think of expanding the registration to maybe 10 years? I’d like to see this as your lifetime project. Are you here for long term or short term? Your smart contract can change but bingus.finance website must stay active forever.
It’s so great that 1% of all transactions go toward animal welfare and I’ve read that you are now on your 6th donation, wow congrats for that. It says, we can invest and vote for what charity you donate to, so how’s the process and the voting system works? Also how can we be sure that donations really goes to the charity?
A secure and systematic tokenomics structure sets the base understanding to any project. So can you give us an simple overview of the BINGUS Tokenomics and it’s Utilities? What are it’s functions in the platform and where is your token currently tradable? Also I’ve heard it’s pumping hard now, don’t you think we are too late now to buy $BINGUS? Please share it’s contract address. Thank you.
I’ve heard that a project’s life cycle is dependent on three main factors, the staking distribution, the launch distribution and the over total supply. So can you elaborate further each factors and how does these factors works uniquely in your Ecosystem?
Going through some of the animal shelters and charities already supported and currently been considered by the community, I noticed that priority is placed on two animal species especially domesticated animals; cats and dogs, without direct mention or consideration of others species. Why is this so, are there current or future plans to extend these charitable works to courses which tend to the direct need of other animals species other than those mentioned above and since Bingus is community driven, can the community also suggest reputable animal charities that can be properly vetted and voted for?
The Bingus idea that started as a meme coin, has seen it’s market capitalization grow to excesses of $10Million and it’s charity wallet increase daily clearly pointing to the fact that integrity, a good course and a great collections of persons with a strong and resilient goal can achieve a lot within the shortest time. With such growth and development currently been enjoyed by Bingus, I will particularly like to know what should we expect it terms of major developments, plans and events (especially community driven) in the coming weeks and months?
Your coin have not been listed in any exchange, even to see your coin price and chart require us searching real hard. Do you have any plans of listing your coin in any exchange for trading and also any price chart for tracking of price.
Liquidity in your ecosystem is being locked for 30days and normally it should be locked forever, why do you plan to lock liquidity for 30 days and not forever. What are your plans to decrease the amount of dump targeted against token by whales
You hired a project manager from Hollywood after an error in your contract code was discovered, what are the reasons why you employed a Hollywood entertainer and what have been the upper hand in your ecosystem since the involvement of the new employee.
Do you have plans of introducing staking to your platform because due to my recent research about your platform, i think it can be one of the best you can offer your holders. if you endorse staking and how do you plan to create an APY that standout amidst other staked token
The two successful code audit that was recently done by your setup, who was the company that audited you. Is there a place the audit was posted to promote fairness and equity.
Bingus hired a Project Manager from Hollywood with 10 years of experience in the entertainment industry. What is his role on Bingus development? What is his experienced in crypto that got him the job or he will be in-charge on Bingus marketing?
Bingus defintely looks like a solid coin but so have other altcoins before and the market is absolutely flooded with thousands of options at the moment. What makes Bingus different enough that it is likely to strengthen in this congested market and what’s so different about its marketing plan compared to the thousands of other coins.
What will be the main purpose for Bingus project that will make it relevant in the crypto industry for a long time? Are you going to focus on Shelter donations campaign and build your project around it or Bingus will introduce other utility for Bingus token?.
Bingus website says that Bingus Audits is coming soon. With the rug pulls that we are encountering right, an audit gives some insurance for investors. Have you already selected an audit firm for this? When will you released the audit result?
Bingus Aggressive Marketing campaign is already underway. Just as aggressive as your donation strategy. I just found out that you are donating to different charity from the percentage fee of transaction. So can you tell us why you are doing a charity donation? What is your main objective? How do you choose charity to donate? For all the donations you made, what positive impacts and good effects that it brings to Bingus network? Are you open for investors who want to personally collaborate your platform with the donation to charity? Thank you
Hi BINGUS!
You have a very cool website and donation idea and you already made several donations to different animal shelters! How do you select the shelters that will participate in the voting round, can any shelter from around the world apply or do you reach out to them yourself? What criteria should the shelter match to apply for a donation?
Hi BINGUS!
With such a great idea that can make a real impact in the world I wonder why the team decided to be anonymous. Have you considered going public and making yourself a name being both in animal charity and blockchain fields?
Bingus has custom voting interface for Liquidity providers the community controls where the funds go, with NFT rewards. Can you explain how does custom voting interface works in your platform? Can anyone in the community vote? How does NFT rewards be given to community? What is the eligibility to be rewarded? Thank you
Hi BINGUS!
Bingus seems to be a young project but you already had a security issue with the contract and openly mention this in the website, it is great to see such transparency! I also see an audit document on the website, was the audit done on the latest contract version? Do you have plans to run further security audits in the future if there will be any contract updates?
As I checked on price bot the recent value of charity wallet was $771,179. Does that mean the whole amount will be for charity and donation ?Can you tell us more about the idea and concept behind it? What is the main essence of your project and what are your business revenue model?
What are the biggest hurdles you think Bingus will be facing in the near and long term future?
I read that you are doing partnership with one of influencer name Rocky Kanaka with over 2.35million subscriber youtube, can you share with us what is the benefit that you got from this partnership? Do you have plan to add partnership with other project or influencer in the future?
Your project is really have great work with developing platform to safe animal and do donation for them. So do you have plan to growing and expand your project to help animal for other country? How about new development or new feature for Bingus project?
I see on your instagram bingus official mostly its about cat also your logo using cat picture, is that mean your project only focusing help cat and not other animal? May I know what program that bingus already do to help the animal, how will you use the donation’s fund ?
Bingus is a charity project to help an animal. what is the main utility from your token $Bingus ? Also Can you explain how is your tokenomics distribution?
I’ve read about the charity aspects of the coin and looked at the website. I’ve noticed the ability to vote for a given charity. How would I do that? And how do you stop people with large amounts of voting power from screwing the vote?
Bingus token is a meme coin with nice fundamentals and a reliable team. BUT what is it that makes this coin so special and will make it pop out form the sea of crypto coins coming up in the BSC? Are there specific marketing plans for it, and if so what do these look like. Thanks
My question is quite simple. Its about charity work. You have a holders from all over the globe, not US only. Are You going to help charities from outside the US ?
Second. What are actual plans of making token more worthy? Currentlly its price depends of marketing and new holders. But it will slow down at some stage, are there any plans to implement token so we will be able to exchange it for services or any products?
Third, are You BINGUS?