We are pleased to announce our next AMA on April 28th 2021 at 03:00 PM UTC Time: Satoshi Club x dFund
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join dFund Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. dFund Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about dFund
For more details:
dFund Website – d-fund.io
dFund Telegram – @dFundProject
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What collateral do users need to be able to take out a loan? How is token trading on dFund?
What financing proposals do they usually give in dFund?
What security methods do you use to guarantee trust to your customers?
How is your team made up? who is your current competition and how are they different? what are the DFND token use cases?
DFund has an upcoming IDO, regarding to this, where will this be held? What are your expectations for this event and why did you decide to launch the token through an IDO instead of any other way? Will anyone be able to participate in it?
WITH RESPECT TO THE TOKENOMICS OF dFUND, WHAT IS THE TOTAL SUPPLY OF $DFND TOKENS AND WHAT IS ITS INITIAL MARKET CAPITALIZATION?
WHAT ARE THE MAIN FINANCING PROPOSALS PROVIDED BY dFUND AND CAN YOU GIVE US SOME DETAILS ABOUT THE SYNTHETIC SECONDARY MARKET, WHAT IS IT AND WHAT ARE ITS MAIN FEATURES?
WHAT TYPE OF SYSTEM DOES dFUND IMPLEMENT TO ENSURE THAT SECURITY AND TRUST IS 100% PRESENT IN THE PROJECT AND DOES NOT ALLOW ANY TYPE OF SCAM/FRAUD BETWEEN THE BORROWER AND THE LENDER, THAT IS, HOW DOES IT BACK UP BOTH PARTIES?
Your private sale was recently concluded but it appears there were not too many VCs that joined the event apart from the three mentioned firms which are A195, GD10 and Exnetwork. How will you assess this event? Were you able to actualize your set expectation? How many tokens were distributed and how are they going to be released? And for the public investors, you said IDO will be on Trustswap on April 30th. Apart from the announcement on twitter, there is no information as to how IDO will be conducted. Can you provide additional information on this and what the requirements will be?
dFund provides users the opportunity to trade their loans on a secondary marketplace, where the smart contracts, including both loans and dFund subscriptions / investments, would be able to be instantly transformed into synthetic products which can be bought, sold and traded within the platform. Therefore, will this secondary market place operate more like a P2P trading channel, and what specific synthetic assets can be created via the secondary marketplace?
Your platform will provide direct p2p lending protocol that will allow users the flexibility to lend money to other users and set the interest rate, minimum collateral requirements as well as credit ratings. How can you monitor credit transactions of borrowers and implement credit ratings in a decentralised manner when these borrowers are not KYCed? How can a lender access borrowers credit ratings as well as set his own credit score requirements for borrowing? And lastly, what can a lender do if a borrowers gets liquidated on their loans and what modalities will you use to ensure borrowed loans are paid back to lenders?
You are going to have a secondary loan synthetic marketplace which will allow lenders to sell off their loans for someone else to buy when they are in urgent need for money or liquidity. How will you be able to trade and transfer loans, investment interest and associated risks from one user to another? Will this involve setting a fresh loan conditions by the new buyer of the loan to the initial borrower? Also, how attractive will it be to easily find a buyer within the loan marketplace who will be willing to buy these loans as well as inherit the inherent risks and uncertainty surrounding such loan recovery?
With dFund, borrowers will be rated and ranked with a credit score system, so reliable borrowers who have always paid the loan amount back and honored every agreement will have a higher credit score which would provide them with
lower interest rates, while borrowers who have defaulted many times will receive a bad credit ranking, meaning they would pay higher interest and provide a higher collateral amount, Therefore, how will dFund properly match investors to right loans that they would be able to conveniently honour in order to reduce and totally eliminate the scenario of constant loan defaulters and what are the various forms of collateral a borrower can provide, is it only limited to tokenized monetary sums?
It has come to my attention that on dFund you have several Subscription Plans, can you tell us more about them? What are these Subscription Plans and for what are they needed to? Who can get any of this plans and what benefits will this bring to people? Do yo offer any kind of exclusive service/feature depending on the plan? Also, are they strictly necesary if we want to use dFund services?
I read on your whitepaper that on your platform “investors can invest/pool money into these dFunds, which would be managed by dFund’s manager”. So, can you tell us more about this managers? Are they a single person or a group of people like a mini-governance for each dFunds. Also, I read that users can decide on who act as a manager, but how can they do that exactly? And what benefits do users get when they take the role of managers?
I read that dFunds will be rated and ranked by their performance, so the decentralized hedge funds with the highest returns will be the most visible ones on the website and dApp of the platform. With this in mind, can you explain us this ranking system a little bit more? On what performance’s parameters will they be judged and based on what will they be rate? Also, who can give them this ranks and how? Do you have any ranking system like 1-5 stars or something like that?
Reading about dFund, I saw that a lot of the things happen thanks to smart contracts; for example your secondary and synthetic marketplace, or the decentralized proposals auctions. Now, looking at your roadmap I saw that you will add “Algorithmic stablecoin launched to be used in smart contracts”. Can you share more about this? How do yo plan to use this algorithmic stablecoin and how will they bring a benefit to those process that take place thanks to smart contracts?
I saw that dFund is a platform that makes decentralized hedge funds and loans possible, operating in the Polkadot ecosystem. What caught my attention is the fact that is operating on the Polkadot ecosystem, why did you decide to build your project on it and not on Ethereum of BSC for example? What advantages Polkadot provides to dFund? Also, does dFund only support this blockchain? Do you have plans on supporting other ones? If so, which ones and when?
While reading about dFund I came across your tokenomics, but to be honest everything wasn’t really clear to me, can you explain it to us a little bit more? What caught my attention the most was this distribution section where you designated 15% to “Operation funds”, can you give us more details about it? What operations are you talking about that need these funds and why did you decide to have that amount for it?
I read in your whitepaper, the plan to give us full banking options, which requires storing our crypto and also providing us with debit and credit withdrawable cards. Looking at the perspective that banks do provide loan for users in fiat currency, do you have plans of providing loans for users in crypto and what do you think the collateral can be if you plan to do so.
In a credit granting system, we have the issue when a company or user fails to repay their loan after a given amount of time, I will like to know the timeframe you give before you start taking legal procedure or how do you amicably solve such situations.
Your synthetic secondary market place is something i will be really looking up-to, but i will like you to tell me what to expect in the marketplace. Does it contains a p2p interactive medium that brings a borrower and lender together or there are more to it you want to tell us.
What are your plan when providing loans to users and business owners, do you have plans of introducing fiat currency with your loan structure or loans will be only provided in crypto. Thinking of it we don’t have a stable price in crypto, when a repayment process occurs do you receive your payment in the current price of the crypto or the former price you give the loan out.
As a major decentralized supply chain financial infrastructure, how do you solve the major problem of verifying the business flow, logistics and capital flow (basically i can say this is one of the main problems of supply chain finance) when trying to approve a credit asset mortgage to a company or a users.
You had up to 4 presale plans on your platform and it showed that a total of 3 is filled up, what are the reasons why you had 2 private and 2 public presale launch. How can someone also participate in the last remaining presale without loosing funds.
What is you 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 the strategy used by you Project to attract new users and investors and keep them in the long term?
We have witnessed that many projects initiated with inexperienced team members fail due to easily preventable and simple mistakes. Are the experience and career of your team enough to avoid simple mistakes? What are the data that will make us trust your team?
On your roadmap Q4 2021 ,Algorithmic stablecoin launched to be used in smart contracts. Can you give us an overview about this Algorithmic stablecoin that you will going to launch by the end quarter of this year? Aside as used for smart contracts,what will be the other uses of this stable coins of your platform? Thank you
The DFund legendary IDO will take place on TrustSwap this Friday, on the 30th of April 2021. Why this IDO called legendary? What makes it different from other other IDOs? Why did you choose Trustwap rather than other existing IDO platform? What edge and potential did you outlook with Trustwap towards the outcome of DFund IDO? Can anyone still participate this IDO since it is fast approaching already? Is there any whitelisting process for this IDO? Can you tell more info about this legendary IDO of your platform? Thank you
Hi dFund!
Launching on Polkadot do you require to win a Parachain auction? While Polka is getting up to speed I read you are planning to add support for other blockchains and partnerships with other projects. Can you tell us more about these plans? What chains and projects do you have your eye on?
Hi dFund!
Your roadmap hints at your plans of creating a new algorithmic stablecoin to use on dFund platform. Please tell us why you have decided to create a new coin, what benefits will it bring to the users compared to the alternative of using one of the many existing stablecoins?
Hi dFund!
Please tell us more about the Decentralized funding proposal auctions where users with the idea will be able to make a one-time funding proposal to their backers/investors. Is it going to be similar to the launchpads that enjoy the hype wave atm? Are there limits on how many investors can back such a funding smart contract?
The project seems innovative with many features not seen elsewhere. But from what I understand, the team still consists of only three people. Do you think you can keep development, partnership, and marketing expectations with such a small team?
When I check your partnerships on your twitter account, I see that dFund has already have partnerships with A195 Capital, GD10V, Exnetwork. Could you please tell us the motivations with partnering them? Also could you please share the investments of these partners into the project? And what are the upcoming plans for the future with your partners?
Can you tell us any cool or exciting UX/UI features that will be implemented on the dFund platform?
As I know that every project need the power of community to grow and spread fast. So what are Dfund strategy to build strong and solid community? Do you have special event or incentives for community for example like bounty program or maybe airdrop?
I read that Dfund have token name DFND token. Can you explain what are the main utility that DFND token have? Are there any benefit by holding your token, for example any reward or incentives?
On your site you claim to build feature that has never seen before in the DeFi world which one allow user to start their own hedge fund, since this is the 1st time in DeFi world, can you explain how does this feature work? Do you have any tutorial or step by step so can make easier people to use it?