Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from SuperBid.io and our guest was @maxxxcap, @CEOmoney, @jacobrylko, @alkaph, @wojsec, @kin_now – representatives of SuperBid.io. The AMA took place on 26 April.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Gold Rocket | Satoshi
Club:
Hello, dear community! We are pleased to announce our AMA with SuperBid.io
max: Great work on the last AMA 🙂
Gold Rocket | Satoshi
Club:
Today our long-awaited guests are @maxxxcap, @CEOmoney @jacobrylko, @alkaph,
@wojsec, and @kin_now!
Andrés M. | Satoshi
Club:
Welcome @maxxxcap @CEOmoney @jacobrylko, @alkaph, @wojsec, and @kin_now
Gold Rocket | Satoshi
Club:
We are happy to welcome you guys again!😍
Gold Rocket | Satoshi
Club:
Last time you gave us a flurry of positive emotions! Our men cannot forget
Natalia until now!
max: Thank you so much. We are so happy to be back 🙂
Can you make sure everyone is added as admins please?
Gold Rocket | Satoshi Club: We were also very impressed!😁
max: Thank you ❤️
What was it the last time we did this, I believe March 14th?
We have lots to update the community on.
Andrés M. | Satoshi
Club:
A lot of guests today, is an honor for us to have you here again
Yes, some weeks ago, what is new in the project?
Jacob Rylko:
Hello guys 🙂
Gold Rocket | Satoshi Club: Yes! it was unforgettable! 😉
Added!
Kin Now:
Hi everyone! 🙂
Gold Rocket | Satoshi
Club:
Let’s start!
Introduce yourself, please. How did you get to be involved in crypto & SuperBid.io?
Tell us please about yourself and your position in SuperBid.io.
What is the essence of your project?
For those who missed the last AMA
max: Well, there are plenty of introductions to go around. My name is Max: and I am the COO. Jacob is our Talent Manager. Kinga is our CMO. Wojtek is our CTO, Patrick is our CEO. We also have a new very important member of our team, Branden Hampton, who was recognized by Forbes as the King of social media.
Gold Rocket | Satoshi
Club:
@JacobRylko @kin_now glad to have you today at Satoshi Club ❤️
max:
Branden has built over 36M followers across Instagram, Twitter and Facebook.
First-to-market adopter of social media, has worked with over 500 different
celebrities, athletes, artists, and social media influencers. One of the
largest holders of “digital real estate” in the social landscape, including:
@Travel, @Beauty, @Makeup, and @Marijuana
Gold Rocket | Satoshi
Club:
It’s amazing! You are cool guys! 👍
Andrés M. | Satoshi Club: Congratulations, great milestones achieved
max: Our core team got involved in crypto becuase we see it as world changing technology which will connect the global economy, and most importantly, give power to people which don’t have power currently. money = power. innovation is everywhere. humans are diverse and we are all coming from the same place, with differnet backgrounds and different knowledge. if people that do not have access to finance are able to make money or have money – the world will be a better place, people will be able to innovate and create across the globe.
This is the main reason why we wanted to get involved in crypto. Our CTO and myself have been involved for over 5 years.
Branden has as well, been invovled for many years.
Andrés M. | Satoshi Club: Great project, it shows the different use cases of blockchain
Gold Rocket | Satoshi
Club:
Thanks a lot for the intro! Yes, you correctly understand global trends. mass
adoption is coming! 🚀🚀🚀
Branden @money 💰:
max: Branden is the perfect match for our project. Thank you very much B Money!
Andrés M. | Satoshi Club: Nice to meet you Branden, it seems that you are so experienced in the project
max:
SuperBid is a social auction app which connects fans with influencer led
auctions for items, experiences, and NFTs. So, it’s important to have someone
like Branden assisting us in making connections with influencers
Gold Rocket | Satoshi Club: Thanks! we are also very glad to hear you! 😍
This is a very important function.
max: Yes, absolutely.
Andrés M. | Satoshi Club: Great work team. So, would you like to add something else before the first question? Btw, thank you so much for the introduction
max:
SuperBid, to our CEO – was the greatest avenue through which we can promote
education around crypto
We are building this amazing community currently
You’re welcome. Let’s continue!
Q1 from Telegram User @Jonahapagu In the auctions on SuperBid, users will be able to bid on NFT works that will be related to their real-life originals…for someone like me who is new to your project having missed you last AMA here, how will this bidding take place, what will be the requirements for participation and what happens when a user wins a Bid for an NFT?
max: This is actually such a great question, thanks @Jonahapagu 🙂 Auctions will be able to be set up directly through our app. The person running the auction will simply input a description or the auction and some images, and a starting price. In order to participate you will have to meet basic KYC requirements
For now, when a user bids for an NFT and wins, the person that ran the auction will send the NFT to the winner. In the future there will be technology which will allow this entire process to be completed on the app, so every transaction will be seamless
Gold Rocket | Satoshi
Club:
Btw… Will we have surprises today like we did at the last AMA? 😉
max: Well i can send you videos of my beautiful partner in crime, @JacobRylko. Would that be sufficient for a surprise?
max:
😂 on a more serious note…
Gold Rocket | Satoshi
Club:
It will be great😍
max: Nothing we can disclose today, but you will have a surprise very soon and I will make sure to let everybody here know 🙂
Andrés M. | Satoshi Club: Could you share us some oh the NFTs designs?
Gold Rocket | Satoshi Club: Lol😁
Andrés M. | Satoshi Club: Yoo haha.
Jacob Rylko: You can see how comitted to the project our investors are 😛
max: Yes, actually, I can.
This might be exciting for some people.
Gold Rocket | Satoshi Club: this is not surprising! 👍You have a powerful community🚀
max: KidEight, one of the first 3D visual artists that decided to collaborate with us, created something very special which we have not released to anybody yet.
max:
But, since you asked…
Gold Rocket | Satoshi Club: Oh! That’s very beautiful ❤️
Andrés M. | Satoshi Club: Wow, who’s the girl?
Jacob Rylko:
It’s definitely @kin_now
max: It’s our CEO @Alkaph
Gold Rocket | Satoshi Club: And very much in the spirit of your project! Neon, mercury … Everything is very bright and energy …
max: Of course 🙂
Andrés M. | Satoshi Club: definitely fantastic, kudos to the talented designers
Haha a little similar.
Gold Rocket | Satoshi
Club:
Thank you very much for your answers! Ready for the next question? 🚀
max: Yes 🙂
Q2 from Telegram User @surendra040 Mostly holders are important for the project . But holders holds only if it believes on the project. How does superbid aims to retain its holders? Are there any sorts of incentives and benefits for long term holders?
Gold Rocket | Satoshi Club: She is beautiful 😍
max: +++
Gold Rocket | Satoshi Club: Ha ha😁
max: Excellent question. Well, I’d encourage you to join our community and ask our trusted community members why they are on board for the long term. It’s not just about staking for us, these rewards are just a way to reward our community members while we finalize app launch.
Once the app is released we should be implementing utilitarian uses of the token outside of it’s utility today. None of this has been implemented in any technical capacity, they are just ideas, but we are considering mechanisms such as:
If you hold a certain amount of SUPERBID tokens, you receive access to exclusive auctions.
By holding SUPERBID, you might be eligible for purchases of “bid boosters” on points which have a higher value than standard points.
By holding SUPERBID, you might have governance in voting on changes to the app, community activities, and which charity programs we donate.
By holding SUPERBID, you might receive exclusive access to AMAs and experiences with influencers and the team – kinga would be happy to meet with you over a zoom date 😉
By holding a certain number of points you might gain access to “tiers” (i.e. gold, platinum, diamond)
You might be able to purchase SuperBid merchandise and any of our collaborative merch with SUPERBID tokens.
Holding SUPERBID tokens might provide you with NFT airdrops from SuperBid and influencers.
And, something that we have not solidified but are also considering implementign – a percentage of profits from auctions might be allocated to SUPERBID token holders / stakers.
True defi ^
Gold Rocket | Satoshi Club: You have a very well thought out concept 👍
max:
Not some random farming stuff, which has 0 value
Of course, we need to think through everything we do
Andrés M. | Satoshi Club: Thanks for the complete answer, is there any aproximated date for the launchment of the app?
max: Alpha is due to be released next month 🙂
Gold Rocket | Satoshi Club: Don’t forget to share with Satoshi Club🙏
Andrés M. | Satoshi Club: A great May coming for the project. So, ready for the next question?
max: Yes 🙂
Q3 from Telegram User @Korryl I read that Superbid just launching new stake system, for first month, the standard APY rewards will be up to 430%.can you explain how does your stake system work? Is there any penalty system if we unstake or withdrawn our asset?
max: I wont, @sspurss and i are in touch 🙂
Super juicy
Gold Rocket | Satoshi Club: This is an incredible APY🚀🚀🚀
max:
Yes, let me answer this question
I know it is 😂
It’s 100% safe since the tokens stay in your wallet, and never leave it. Staking token is fee-less, so all you need to do is sign with your wallet on our staking pannel. Staking rewards are calculated off chain on our panel. Rewards compound, so you will be getting your APY on both the balance in your wallet and the unrealised staking rewards
You can pay out your rewards to your wallet at any time. Paid out rewards will be subject to our withdrawal schedule if you decide to pay them out before 90 days pass from staking start
Gold Rocket | Satoshi
Club:
you took good care of it👌
Andrés M. | Satoshi Club: What about fees? how to deal with it?
max: There are no fees to sign your wallet and start getting rewards, since it’s off-chain.
Andrés M. | Satoshi Club: But there is a withdrawal fee, correct?
max: Correct, you will pay a standard gas fee for tokens to be sent to your wallet.
That is all.
Gold Rocket | Satoshi
Club:
As far as I remember, you wanted to expand your blockchain lineup beyond
Ethereum .. are these plans still in effect?
max: Yes, for sure. we are interested in migrating to BSC as long as BSC is still a viable long term solution. uniswap is actually coming up with a solution which may make the fees insignificant, so this will be a nice solution for us going forward.
But in the meantime, yes, it’s important we consider potentially bridging to other chains.
Andrés M. | Satoshi Club: Is something important for the project
Gold Rocket | Satoshi
Club:
Thank you very much for the great answer!
Ready for the next question? 😉
max: You’re welcome 🙂
Yes, for sure
Q4 from Telegram User @meml97 About a month ago or so, you were here on the channel and you told us that your goal is to be the most engaging and interactive crypto community in the world, and to help you reach that goal, at that time you announced your collab with Boliwood actress Natalia Janoszek. So, can you tell us more about what have you done since the 14th of March to this point to reach that goal of yours? What other big celebrities are we going to see soon on Superbid to help you succeed as the most engaging crypto community in the world?
max: Great question, a progress update…
Since the last time we met, Token holders has increased from less than 400 to over 2500 Token price increased from 25 cents to nearly $8
max:
March 14 was the time of our last AMA, you can see a token price of $0.30 shooting to about $0.80, then coming back down again.
Gold Rocket | Satoshi Club: Natalia is beautiful! We all remember this fireworks of emotions she gave us🎉❤️
max: Now, fast forward to today.
We are here.
The crosshairs show where we were when we last joined the AMA.
So from a tokne holder perspective, we’ve grown significantly.
Gold Rocket | Satoshi Club: Good result! 🚀
max: Yes of course, and she is still here with us 🙂
Also, our telegram members increased from 500 to 1400 – everything organic growth
Andrés M. | Satoshi Club: It has been a great pump, where we can buy superbid token?
Andrés M. | Satoshi Club: Why did you choose Uniswap? Which benefits it provides to your project?
max: Because uniswap is the most popular Dex, with approx. 7M visits per day.
It brings us significant volume.
We are all about exposure, so if there is a dex that will assist us in increasing exposure, we are going to consider it.
Since we last met, we also have formed partnerships with crypto valley, trubify, and gamerhash.
We implemented a staking panel for rewards, as we previously discussed
Gold Rocket | Satoshi Club: for an ambitious project like yours, everything should be the best😉🚀
max: We introduced new team members, including head of talent branden hampton We have a new product owner, new front end developer, new lead of esports engagement, and several new developers.
Gold Rocket | Satoshi Club: You have expanded and strengthened the team perfectly
Andrés M. | Satoshi Club: The project is growing so fast, great work guys👏
max: 2 influential people, similar to branden, have also become investors in the project – jason AKA millionaire mentor on instagram (7M followers) and nick gomez (40K followers) who have a great audience and are willingly making posts about us.
We are building product – we have released a revamped website with more updates being released over the course of this month.
With regard to app building – we implemented new design features and are ahead of schedule.
Our Instagram – started to be very active.
And we opened our Discord channel – and attracted many new members.
Andrés M. | Satoshi Club, [26.04.21 19:24] [In reply to max] Could you share some useful links to join? Please
Q5 from Telegram User @V1ct0r_26 It is not a secret for anyone that social media apps these days are mostly ruled by teenagers, as it is their favorite way to show some love to their favorite celebrities. Now if we talk about Superbid, we know that is a social auction app, that wants to include many of those influencers/celebrities. So, will this underage fans be able to be part of Superbid? What will be the minimum age required to be there?
max: Another great clarifying question. SuperBid will be for people generaly 13+. This will also depend on the countries and states where we are doing business, because every social media even facebook and tiktok has restrictions depending on the locations where they function
Andrés M. | Satoshi Club: Are you talking with new influencers, could you give us an sneak peak about whom will be part of the project?
max: Unfortunately there are no names i can drop at the moment, but we are speaking with people that have a collective following of 20M plus, and this will continue to grow over the next few weeks.
Gold Rocket | Satoshi Club: 20M+ it’s just incredible! 🚀
Andrés M. | Satoshi Club: Well, we will expecting for the exciting coming news😁
Andrés M. | Satoshi Club: @maxxxcap thank you so much for the clear answer, are you ready to go with the last question of this first part of the AMA?🥳
max: Yes 🙂
Q6 from Telegram User @victorogb Just recently SuperBid commenced it’s staking programme with base APY on staked tokens at 200%. It’s interesting to note that, investors can participate in this staking programme by simply staking directly through their wallets and investors may also provide liquidity through Uniswap for an additional bonus of 200% which accumulates to 400% bonus. Why did SuperBid specifically choose Uniswap for this enhanced bonus offer and what are some of the laid out conditions for an investor to be guaranteed the base APY of 200% on investment?
max: Uniswap was selected as it is has the largest daily volume, top number of visits. We have implemented an off chain portal for investors to track their rewards, which will be delivered upon withdrawal for each individual user.
Andrés M. | Satoshi Club: Great decision, a platform that can provide great liquidity to the project.
Gold Rocket | Satoshi Club: Thanks a lot for the answers! as always, we got a lot of positive emotions from you! @maxxxcap
max: Thanks, friends 🙂
Part 2 — live questions from the Telegram community
Q1 from Telegram user @cryptonation2 South east asia market is very good for investors and new user? Do you have any marketing plan for this region?
max: We are planning to enter the Korean markets through a top Korean exchange listing, we are working with korean marketing firm to assist us in these efforts.
Q2 from Telegram user @Xusuo I’m still curious with your hashtag ‘follow the white rabbit’ in your twitter. What is the meaning from that hashtag? And also I see zoom about meeting, there is person’s face that you close with ‘white rabbit’. Is he or she is new ambassador/celebrity that work for Superbid?
max: We are planning a very cool marketing campaign, with videos and other types of interviews with our partners… you will find out soon about this campaign, just stay tuned 😉
Q3 from Telegram user @highpee Your last AMA here was unique especially with the surprise appearance of Natalia Janoszek. But I notice she isn’t here today. Are you still working together? Do you have any new celeb partner since then?
Kin Now: Yes, Natalia is still on the team with us. She is not always able to attend the AMA due to her shooting on film sets. We are in negotiations with many celebrities, we will announce more names soon. 🙂
Q4 from Telegram user @KhaleesiTheCryptoLady In your website, I read a part of your vision in Superbid app is a ‘BID ON A DINNER WITH JUSTIN BIEBER’, how will you make this possible? 😁
Jacob Rylko: Basically by setting up a dinner with Justin Bieber for our users 😂 This is just an example, but this is how we see our app in the near future. That’ the goal and whole idea!
Q5 from Telegram user @joson0305 When is the best time I can buy #SUPERBID is it now. Can give some information about Superbid pre-sale.And what will be the benefits for me the holding of #SUPERBID
Jacob Rylko: There was no pre-sale and no ICO. We wanted to be fair and did a stealh launch on Uniswap, February 19, 2021. You can join our Staking Panel and earn more tokens simply by not selling them with a current 200% APY (subject to change) 🙂
Q6 from Telegram user @BlancaSdF Some artists take advantage of this type of interaction to carry out charitable actions, donations and campaigns to help the most vulnerable. Are these types of activities allowed in SuperBid?
Kin Now: Of course 🙂 Additionally, we ourselves will be announcing our charity program soon. This is an extremely important part for us in our venture.
Q7 from Telegram user @centoscu Is this project only limited with influencers? Why not to add other famous people?
Kin Now: Not only influencers but all celebrities, artists and even regular users will be able to use our app.
Q8 from Telegram user @Indomiekuy Partnership is one of important thing if a project want grow and spread fast. Which project already doing partnership with Superbid. io?
max: Trubify, GamerHash, and Crypto Valley
Q9 from Telegram user @Josuchams Hi it’s a pleasure☺️ What would you say is the company’s main competitor?
Jacob Rylko: SuperBid dont know what “comeptitor” means 😛 Just kidding, but to be completely honest, we perceive us as sth completely new, next-generation social media. We strongly believe the world is about to change with SuperBid, just like it did with YouTube, Instagram or TikTok – this is our level of imagination 🙂
Hello,
Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to
introduce to you the AMA session with our friends from Bingus and our guests were
@pathfinderzips and @cryptoenjoyer. The AMA took place on 26 April.
The
AMA session was divided into 3 parts with a total crypto reward pool of 500$
In
this AMA Recap we will try to summarise the most interesting points for you.
Part
1 — introduction and questions from the Telegram community
Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our
AMA session with Bingus! Welcome to Satoshi Club😀
D. | Satoshi Club:
today our guests – @pathfinderzips and
@cryptoenjoyer !
welcome to Satoshi
Club!
Mike (formerly MJ): Hey Guys! thanks for having us! I’m really excited.
Welcome here 🎉
How are you today?😀
I am fantastic, how are
you guys?
D. | Satoshi Club:
great! 😊
Mary | Satoshi Club: We as well, excited to hear more about Bingus🚀
And let’s start our AMA
😀
Mike (formerly MJ): Super excited to tell you guys all about it,
talking about it is maybe one of my favorite things to do. Lets do this!
Mary | Satoshi Club: Could you please introduce yourself and tell us
more about Bingus 😀
Rumi:
Hi guys!! 👋 Excited to hang out with you today! ☺️
D. | Satoshi Club:
happy to have you here ! 😊
Mary | Satoshi Club: Welcome to Satoshi Club 😀
Rumi:
I’m Rumi!
Mike(MJ) and I have
been friends for about 10 years.
I work in the
entertainment industry in LA – formerly at major talent agencies, media
companies, and ad agencies.
I specialize in
marketing, business development, and partnerships.
On team BINGUS, I help
connect us with influencer partnerships and develop long term marketing
initiatives.
Some of my best friends
came from shelters, and I’m excited to make the world a happier place for
animals. 🐈🐕
Mike (formerly MJ): I’m Mike, one of the devs on Bingus and the only
one currently doxxed. Bingus is a fairly simple token on paper. It is a meme
animal charity coin where 3% of each transaction is split between a 1% burn, 1%
reflect, and 1% to a charity wallet.
I came onto the project
in the most organic way possible, simply by stepping up to work on it as I fell
in love with it. After launch, the founding dev asked if I wanted to help with
the first ama and I did… and from there on out so far it’s history.
My background is not
typically in technology, it is in film/tv, that’s my day-to-day work.
Currently, I got booked last minute on a job so I’m actually sitting on set for
The Good Fight at the moment.
But I also have two
rescue dogs myself so getting to work on this project so far has been the honor
of a lifetime. So far we have donated 30k to animal shelters across the
world(20k is up on our website in proofs). We have more influencers coming on
every day to the cause like Cr1TiKaL, bbno$, Crispy Conchords, and most
importantly Rocky Kanaka an Emmy-nominated animal rescue advocate.
There’s so much more to
talk about but that is the highest level summary I can give quickly. 😊
Mary | Satoshi Club: How long are you in crypto?
Mike (formerly MJ): Personally I have been in heavily into crypto since
the 2017 bullrun, however I have always been interested in it. If only I could
find my BTC bought back in college in about 2012…. sigh. Regardless it has been
amazing all these years to watch the space grow into what is becoming a very
mature market.
Rumi:
Great question!
Funny enough I’ve only
been in crypto for about 3 months.
I’m lucky to have a
great group of friends to help bring me up to speed with industry nuance.
Really excited for the
potential here, there is so much buzz in the entertainment industry so excited
to ride that wave.
Prior to that, just a
regular old WSB Ape 🦍 🚀🌕
Mary | Satoshi Club: Only 3 months! And you already did a lot😀
Rumi:
Most nonstop insane 3 months of my life!
Mary | Satoshi Club: You’re fast guys!
Thank you for your
intro!
Ready to dive into the
details and start with the questions from our community?😀
Mike (formerly MJ): Absolutely
Rumi:
Bring it on guys! 💪🔥
Q1 from Telegram user @alberto_vzla
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?
Mike (formerly MJ): Want me to take this one Rumi?
Rumi:
Go for it!
Mike (formerly MJ): So here’s how I see it. At the moment there is an
incredible rush towards cryptocurrency. Of course not only is there a ton of
money to be made in the markets trading, but I see blockchain tech as something
transformative, that will change the world. I’ve felt that way since I learned
about tech like IOTA back in 2017 and before that in general with smart
contracts.
You cant connect the
dots looking forward, you can only connect them looking back so who knows
exactly where this will all lead.
However, when we
started working on Bingus I was well aware that currently, the use cases are
limited. It’s a speculative meme coin
and the majority of our utility to the animal world is currently in simply
donating money.
Our close partnership
with Rocky Kanaka who knows everyone in the animal welfare world is not just a
media based one. We want to use his knowledge of the world to truly understand
the pain points of all of these shelters, rescues, and animal companies to
leverage our growing market cap, and developer connections to use bingus to
build dApps that can hopefully help them do their super important job for
efficiently and effectively
Mary | Satoshi Club: Did you care about animals before?
Mike (formerly MJ):To finish up with the last question, So right now
yes, our main utility is using people’s greed to do something truly wonderful,
help save a whole bunch of animals. But in the near term future, we would like
to pivot and work to solve real problems for the amazing people doing the work
day in and day out of saving animals. That type of product however takes time
to produce and an intimate knowledge of what the animal ecosystem needs from
the world of technically and blockchain.
Personally I have had 4
dogs in my life. My two as a kid we’re my absolute best friends… most of the
time my only friends if I’m honest. If you check out my profile picture you’ll
see my one-eyed rescue Luna, who is my shadow and never leaves my side.
I abolsultely adore
animals so this has been a total honor for me.
Mary | Satoshi Club: And also are your main focus on charity?
D. | Satoshi Club:
[ 👍 Sticker ]
Rumi:
This is Meatball, my
personal bingus/shelter cat angel.
I have always been one
of those girls who loves animals more than people. Every year I donate to Best
Friends Animal Society and volunteer locally at adoption events.
Bingus, for me, was a
bigger way to make an impact.
Mike (formerly MJ): At the moment yes. That is the best utility we can
provide to these shelters and rescues. But long term I am fully aware that not
only is that not enough, but we can do better. That’s why our partnership with
BogTools is so important to me. They are everything I am not. Rumi and I have
the admin and marketing side down… but the BogTools guys are absolute blockchain
geniuses and I’m proud to call them friends of ours.
Mary | Satoshi Club: Beautiful cat😍😍😍
You have awesome goals👏
Rumi:
We are exploring the ways we can provide technical infrastructure to animal
shelters. VERY early exploratory stages but there is a big need to help get
these shelters equipped to receive crypto donations and more organized. They’re
animal people, not usually tech people. So we’re working with the experts in
the space to try and figure out how we can help more.
Mary | Satoshi Club: 👍
Thank you for your
answers! Ready to go to the next question?😀
Mike (formerly MJ): For sure!
Rumi:
Always!
Q2 from Telegram user @shupyrg
Bingus is doing an awesome job helping animal
shelters with their donations. How can we suggest shelters to add them to the
donation list?
Mike (formerly MJ): fantastic question. As of right now we are looking
into a couple different solutions to have a system where you can submit
shelters we can review them easily and there could be some form of community
discussion about adding them to the vote.
Mary | Satoshi Club: May be community voting in tg group?
D. | Satoshi Club:
i want to ask, how exactly people can help with donation? they somehow should
use your crypto for this?
Rumi:
One of the best ways to do that for the time being is to reach out to one of
our Telegram admins. We have a rockstar staff of about 50 who helps us to
personally vet each of the shelters we donate to.
Community voting
options coming soon. 🙂
We are quite proud of
our liquidity voting system for shelter donations which, if you haven’t seen
it, check it out!
Mary | Satoshi Club: We will wait for solutions 😀
Mike (formerly MJ): However as of right now that is not fully
implimented and is only in initial stages of a build.
So right now we’re
mostly doing manual reviews of shelters, reaching out, setting them up with a
wallet if they don’t already have the ability to accept crypto as a donation.
Oh ya. Also our
liqidity tokens voting system buillt by BogTools is extremely unique in the
space. We wanted to incentiveize providiint liqidity but also reward the
community members who are putting their skin on the line for the project. So we
built that, those people are also in the running for a special NFT each vote.
This past vote’s NFT
will go out today. Here it is. Charlie (cr1tical) ok’ed it and loves it.
(without the logo watermark of course)
This was to commemorate
our 10k donation the LA based rescue, The Real Bark.
Mary | Satoshi Club: Awesome! 👏
Thank you for your answers! Ready to proceed?
Mike (formerly MJ): Ya for sure!
Rumi:
Yes!!
Q3 from Telegram user
@cryptofollower
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.
Mike (formerly MJ): For sure. That’s a quick and easy fix I can do
today. Absolutely. to be honest I had bought that website when I was simply a
volunteer very early on. And at this point it’s something I definitely need to
change. Dessertswap said they would update the audit once I requested it, so I
will get that done later today and request them to update all of those things
in the audit including me being doxxed.
Thanms for checking out
our audit! We really loved getting that audit done and plan on doing more in the
future
To be clear, I will
look into all of the different offerings for domain registration and extend it
way past one year. It may not be 10, but it will absolutely be much longer than
one year.
Rumi:
We are here for the long term.
We initially didn’t
realize Bingus would be the success that it has been.
Sounds crazy today, but
we expected a simple passion project to help animals.
We didn’t expect to
dox, now things have changed as BINGUS became so much more than we expected.
So yes, we are re-registering
the website and are continually planning upgrades as well.
Mike (formerly MJ): To futher prove that we are here for the long term,
in addition to the website extension. We are already registered as an LLC in
the United States and we hold the trademark on Bingus as a cryptocurrency
Ok that about wraps up
that answer for me. 👍🏻
Mary | Satoshi Club: Yes, safety should be on the first plays, better
money goes to kitties and dogs than to the hackers😀
Really? You officially
registered?
Mike (formerly MJ): we are an absolute agreement there. 😄
Yep Bingus Token is an
LLC registered in Delaware. We registered about two weeks ago through Zen
business, and all the documentation came through. if you give me a moment I can
get you a screenshot of our certificate that Zen business sent us.
Mary | Satoshi Club: Sure! Take your time!
Mike (formerly MJ):
And there is my full
legal name . Its only cut off at the bottom so that it doesn’t dox my address.
Mary | Satoshi Club: Awesome! Thank you for sharing!
Mike (formerly MJ): Of course, happy to!
Mary | Satoshi Club: [ Sticker ]
Thank you for your
answers! Ready to jump to the next question?
Mike (formerly MJ): Let’s do it!
Q4 from Telegram user @Indomiekuy
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?
D. | Satoshi Club:
that’s a sad cat 😄
Mary | Satoshi Club: [ 😂
Sticker ]
Fat fingers 😂
Rumi:
I got this one! ☺️
Rocky is the biggest
animal-specific YouTuber in the world. He is someone who aligns with our brand
perfectly, he devotes every waking minute to helping animals get adopted.
Not only does he have a
great, engaged audience in our targeted demo, but he can help us navigate the
world of shelters. As mentioned previously many shelters are not tech and
social media savvy. Some are better run than others.
He can help us find
partners and put the donation money to good use in a tangible way – shelter
makeovers, etc.
We want to be able to
show our community how the charity funds are being used and he is the perfect
person to help us with that.
Mike (formerly MJ): Sure. I’ll answer a little bit about this and then
I think Rumi can talk a whole lot more.
Rocky is maybe the most
important partnership that we could have. I think people underestimate just how
important it is. He had a show on Netflix called save our shelter, he knows
everybody at animal planet, he knows all the shelters and all the rescues that
anyone could know.
in our pivot to
providing more utility to shelters and rescues, he is the most important person
and the perfect person to have on board. in talking with him he made it clear
that he’s very excited about block chain technology, and he’s very excited to
continue working with us beyond just a simple endorsement tweet and YouTube
video.
so yes Rocky is a
wonderful partner, but we are bringing on more influencers often.
Something that hasn’t
really become official news yet is that later this week a lead actor of a
television show will be signing on to support Bingus. It’s a fairly large show
with a massive budget in large following. I can’t say what it is yet To respect
the performers privacy, but I do work on it almost daily. He loves the deal
with the animals, he loves the deal with the burn, he loves the whole thing, I
just have to sit down with him and make it official.
Mary | Satoshi Club: Do you pay Rocky for promotions?😀
Mike (formerly MJ): So the too long didn’t read version of all this yes
we are going to be bringing on big mainstream names in the future as that is me
and rumi’s background And our whole marketing strategy
We gave him eth to give
away in an upcoming video to shelters, but we didn’t give him anything
otherwise.
Rumi: Nope.
He is a bingus holder
as well. He wanted to buy in because he strongly believes in the mission.
Mary | Satoshi Club: Oh, he is very kind!
Mike (formerly MJ): He is truly an incredible person.
Mary | Satoshi Club: That’s real magic how crypto can connect people!
Thank you for your
answers, guys! Ready to go to the next question!
Rumi:
[ 👍 Sticker ]
Mike (formerly MJ): For sure!
Q5 from Telegram user @mctrho
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?
Rumi:
This is a great question and something that we are sensitive to as well.
We always include the
transaction ID with our donations, which you can check out.
We ask our shelter
partners to verify on their social media as well, which they have. Here’s our third
donation to Reversed Rescue, for example.
https://www.instagram.com/p/CNi-1GejWK2/?igshid=1behcrpimhvlf
We are getting better
at updating the site with these social links as well so it’s easier to track in
one place.
This was also part of
the reason in partnering with Rocky, who has a lot of credibility, and can
actually demonstrate how the money is being used in different projects we’re
working on. So we’ll have video proof of the donation money in action which I
think is really unique.
Mike (formerly MJ): right now all of our donations are listed on our
website with proofs. However that’s a big part of what we want to get changed
and work on with the BogTools guys. I want to try and make the charity wallet
be completely out of my control. From end to end I want to users to be voting
on where the money goes in for it to be disbursed directly to the shelters and
rescues without my interaction.
however we are simply
not there yet. it’s quite a technological undertaking. so really we hope you
can just trust us when you see the shelters posting about the donations on
their own social media platforms, and viewing the transaction receipts that we
post.
Plus me being
registered as an LLC, and being doxxed I really don’t wanna go to prison lol.
Sooooo I can use the utmost care when dealing with the charity wallet.
D. | Satoshi Club:
yeah, video proof is quite unique indeed 👍
by the way, the name of
your telegram group – BINGUS TOKEN 2.0, did you restart your project? or what
does it mean 2.0?
Rumi:
I love telling this story!
Mary | Satoshi Club: But if your project will develop more and become
bigger may be you will hire accountant department?😀
Mike (formerly MJ): Ahhhh. This is a fun story.
Absolutely. I actually
have a full accounting firm I’m talking to. I am part owner of a medium sized
video production company, and we have a full accouting firm we work with so
that’s who I will be engaging.
Mary | Satoshi Club: Awesome 👍
Mike (formerly MJ): So I can across Bingus 1.0 shortly after launch. It was very promising. The community was
wholesome and we grew, very quickly over 24 hours. I truly believed I had found
the next Grumpy, without copyright issues and without baggage. The wholesome
dev had launched this as a fun little project, had seen their little coin
quickly becoming much much more. It was really amazing to watch. Price floor
after price floor were found it we we’re growing fast. Charties started to be
looked into to begin donations.
Then the unthinkable
happened. The contract that Bingus Dev had used had a mint function in it. They
had cloned a bad contract for their passion project. A user on 4chan noticed
and I noticed the dev immediately. They were crushed, they didn’t know it was
there and hadn’t minted a single new coin. We discussed possible solutions but
the only one that made sense was to tell the community immediately. The sell
off had already begun from the news on 4chan and the TG deserved to know. So
the dev did the right thing and told them immediately.
Then the sell off
really went wild. Since I had provided most of the 2BNB+ liquidity for the coin
(the dev didn’t launch this with much as it was a passion project for them) it
had become about 13 BNB during the pump. At the peak my total investment of 4
BNB (Liquidity and coins) was 25. I told the chat I’d hold for the next few
hours and let them cash out. I had made the reddit post, I had shilled and
recommended the coin, I would go down with the ship. And I did.
In the end I lost about
2BNB and 25 BNB in profit. But something insane and wonderful happened. The
community stuck around. About 90% of the people stuck around and wanted to
relaunch the coin. So I reached out to a Dev friend of mine that I’m working on
a larger long term project with. They volunteered to create a new clean
contract for Bingus and help provide liquidity for launch. I decided to throw
in some of the last of my own BNB to do the same, and other from the community
did as well. An actual community relaunch.
Bingus 1.0 was a very
simple BSC contract. Now the coin has a 1% burn, a 1% reflect to all holders,
and an 1% automatic charity wallet feature that is to be donated to animal
shelters that accept BTC.
Mike (formerly MJ): That’s the whole story 👍🏻
Mary | Satoshi Club: Long story!
i like stories which have happy end😍
Rumi:
Long story short, a few months back, Mike discovered a token called Bingus. The
developer posted on Reddit and seemed very genuine. It was something to ape
into, as one does.
We aped. Someone
discovered there was a minting function in the original contract, due to the
contract being a clone of another token. People became spooked and sold off.
Mike (one of the nicest guys in crypto IMO) held so almost everyone could get
out.
Then, the original
community rallied for the project to come back. So we brought on an additional,
more seasoned developer and our team to help. And the rest was history. 🙂
Mike (formerly MJ): Hahaha ya it’s along tale with tons of ups and
downs. So proud of how far we’ve come.
Rumi with the short version
lol.
Rumi:
I did say long story short! 🙂
Mary | Satoshi Club: Thank you, guys!😍
You have many stories
to tell👍
Ready for the 6th and
last question from this part?
Rumi: Yessss! ❤️
Q6 from Telegram user @igervacio
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?
Mike (formerly MJ): As of right now the only way to earn Bingus
passively is to just hold it in your wallet. Personally I have mixed feelings
about farming and stuff like that. However I would be interested in looking
into getting a pool going on pancakeswap for sure.
but income generation
and farming on binance smart chain it’s something that honestly I have found to
be nine times out of 10 usually either a total disaster or a scam. BSC is rife
with farming pools that end up becoming liquidated within a week, or completely
crashing.
So when we started out
doing this project that was some thing that I wanted to be cautious about
getting into.
D. | Satoshi Club:
totally agree with you about farming pools there, it’s very risky business 😁
Mike (formerly MJ): So for now I can say that it is unlikely for us to
change that direction much, especially when there are laws in the United States
and around the world that things like farming and pools come pretty close to
breaking. I have a friend who works on Wall Street and he is friends with many
a financial security lawyer, and we have discussed these types of things with
them.
we want to make sure
that we are always operating within within the legal boundaries of the United
States, to make sure that Bingus can operate for years to come.
Thanks for the question!
D. | Satoshi Club:
👍
Rumi:
This is an interesting idea and something that we have considered exploring,
but it’s too early for us to announce anything coming in the future. We get to
do our due diligence first and if/when we do something like this, do it with
intention. Hence Mike’s lawyer comment above as well ^
Mary | Satoshi Club: You’re partially right, but i am currently farming
and enjoy my small but regular profits😀 if project is good and legit i
don’t see any problems in this. I can be wrong, of course
Mike (formerly MJ): Oh I completely agree there are some farms that are
completely legitimate, it’s just something I want to be very careful about
going forward.
D. | Satoshi Club:
you getting profit now because market in a good condition currently😇😁
Mary | Satoshi Club: I am happy that you take this things seriously 👍
😉
So…Live part incoming
🎉
Mike (formerly MJ): NICE
Mary | Satoshi Club: Are you ready for the storm guys? Need shelter?😂
Rumi:
*da baby voice* LETSGOOOOOOOO
Mike (formerly MJ): we fund shelters. We don’t need them ourselves. 😉
Mary | Satoshi Club: Let’s go 🚀
Part
2 — live questions from the Telegram community
Q1 from telegram username @Nataliyakil
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?
Rumi:
A lot of questions about the logo/name, so I’m going to take this one first! ☺️
For anyone who didn’t
know, “BINGUS” is meme – someone on Reddit saw a picture of a cute Sphinx cat,
and called it “BINGUS” in a comment.
Corpse Husband also
popularized the name.
Memes are great hooks.
Look at the popularity of doge, for example. It’s fun to say “Bingus”, and the
name was not owned by anyone – we trademarked it for crypto.
So the name Bingus has
personality and is more fun than a generic word like Meow Woof Cat Dog etc.
Look at silly names
like Google and how well they have done. 🙂
In my opinion, people
come for the Bingus, and stay for the mission.
Q2 from telegram username @h1drX
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?
Rumi:
This is great research!
Our bingus admin team
is international. We have representation from Brazil to Canada, Turkey, the UK,
etc. We have always had an international focus in mind. In fact, our second
donation ever was to a shelter in Russia.
As we scale and get
more organized, we want to continually focus on international aid. This is why
we are working on building a community voting function, to allow users to make
recommendations and vote.
The first few weeks
were about building momentum and establishing partnerships to help us scale. We
previously had less of a bandwidth to vet shelters so had to go off existing
recommendations from folks we trust.
Now we can be more
intentional and strategic with our aid.
Q3 from telegram username @mctrho
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? @cryptoenjoyer @pathfinderzips
Mike (formerly MJ): So the roadmap is something I spoke about at length
during a 3-hour community ama session on twitch and had a long discussion
about. Its something I have strong feelings about.
There are MANY coins
that have elaborate roadmaps filled with buzzwords when I think we can all
agree many of them are not going to be around long enough to fulfill all their
dreams. That is exactly why we do not have a roadmap online first.
We want to ensure that
everything we put on our roadmap is something that we will do. With Bingus we
want to say what we are going to do and do it. The one thing I never want to do
is even accidentally mislead the community, and I feel a hype-filled/buzzword
roadmap is exactly that.
So we will be getting
up a roadmap shortly but in general, here is the plan. Use our connection with
Rocky to engage a roundtable of animal shelters, rescues and companies to learn
what their pain points are and then engage a hackathon of developers (likely
leaning on the BogTools guys a bit) to try and address them. That is how we
plan on sticking around long term.
We are also in the
initial stages of an NFT platform, however, that is a bit of a different
project altogether. But that will use the same codebase as NFT’s we sell for
charity inside Bingus. There are other animal charity tokens doing NFT’s before
us… what we want to do with that is ensure the NFTs we create are custom/cool
and representing animals that need the exposure. The ones who have medical
issues who need more funding, or the ones that have had trouble getting
adopted. That is the right way to do it I think, but that takes time to build
relationships with shelters.
Q4 from telegram username @MM_carlos
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?
Mike (formerly MJ): Yes, that was something covered in the AMA a bit
but I want to be super clear about it. (also good on you for doing your
research) We were audited by techrate and by DessertSwap. DessertSwap was a
paid audit. They cleared us with a few issues. One being that I was not doxxed
at the time, the others being a lack of email on the website and a domain that
expires after a year. The other two will be taken care of later today.
The Audit is live on
our website right now, right at the top of the page. If you have any concerns
about our security or integrity please feel free to reach out to me or Rumi.
Q5 from telegram username @Lovely_DC
Charity projects are certainly appreciated by
everyone, but in some countries there may be many who are not aware of this.
How will BINGUS spread awareness of this project? Does BINGUS have an IocaI
community so they can better understand your project?
Mike (formerly MJ): So obviously in the crypto market today, the hype
is everything. Absolutely everything. You can have an incredible project and if
no one knows about it, it doesn’t matter.
To address our general
marketing strategy, as Rumi and I come from a film and tv background… that’s
what you can expect. Influencers with a global reach onboarding the project.
Like I said earlier we will have our first endorsement from a lead actor in a
major television show later this week. And as we grow, and we can do more good
in the animal world more and more people will be coming along. The announcement
is going to be a pretty big deal but it won’t be the last thing we do that will
blow your minds. I don’t think there is another project in BSC that can do what
we are about to do.
Finally, as a global
community, and organization that had donated to shelters/rescues all over the
world and plans on expanding that soon, we do have TG communities of different
languages. We also plan on getting translations up of the website and LitePaper
soon. That is in progress.
Q6 from telegram username @Josuchams
is Bingus safe? What are your security methods, to
ensure trust to your customers?
Rumi:
A lot of questions about safety!
Liquidity is locked; we
are extending it for one year right now!
(Why it wasn’t
originally one year – if you refer to our earlier messages, this was originally
a passion project before it evolved.)
And because this is a
blockchain project we are afforded automatic security in our transactions.
Q7 from telegram username @My1queen
How can I access Bingus token and KYC required for
the process?
Mike (formerly MJ): This is maybe the most imporant question 🤦🏻♂️
and one we hadn’t covered! Right now we are only on pancakeswap. We have talked
to mutliple exhanges and people who may be able to help with that process.
However at the moment we are only tradeable there.
We do have multiple
buying guides up on our website, including an instructional video which most of
the world can use to buy.
In most instances KYC
is not required, however depending on your locaiton it may be necessary.
Q8 from telegram username @SPAZEEEE
Most of the project progress is community driven, so
what technology did you provide to the community, was there any new technology
that you used in your project?
Mike (formerly MJ): YES! I love this question because it gives me a
chance to talk about the Liquidity Points based voting system again. It’s
custom-made by BogTools from the ground up for us, and the first step in removing
Admin control of the charity wallet.
If you provide
liquidity on Pancakeswap you get LP tokens in your wallet which you can use to
cast your vote for the next shelter donation. Not only does this incentivize
providing liquidity which helps the long-term viability of the project, but it
evens out the playing fields by transferring power into the hands of the people
who are helping the project the most.
Your vote will be
weighted by how many liquidity tokens you have. Don’t you worry however! The
whales will not be able to dominate the vote. Due to the mechanics of Bog’s RNG
(random number generator) system, after the 48-hour countdown ends, it will select
a winner. Yes, those shelters with more votes/more weighted votes will have
higher odds of being selected, but it is still entirely possible an underdog
will be crowned the winner. In our first go the 2nd place of the vote was our
actual winner!
In the short term
future, we will continue to expand this system to, not only bring some new tech
to blockchain but also give the power to our community.
Q9 from telegram username @kimzyemma
Are you looking forward to add more skillfull people
to your team, if Yes, what are the steps to take?
Rumi:
Regarding joining the team and ambassador/referral programs….
Yes, we are constantly
adding new people to our admin and marketing teams.
If you join our TG, like
the project, and want to contribute, DM any ideas/suggestions to the admin
team.
We do partner with
influencers who align with our brand, so same goes for any prospective
influencers – DM us with your channels and we can review and discuss a
collaboration.
We have had so much
marketing magic come from our community members rather than our admin team.
BBno$ was a community member referral, for example. Cr1tikal was a community
effort. I think the all-hands mentality in the community is a big part of the
reason why we are winning.
In BINGUS there is
always opportunity to step up and contribute and be recognized. 🙂
Q 10 from telegram username @ Playa_Banned
Hello my question isif bingus asked you on a date, what would your response be?
Rumi: The
response is always YES!!!!
Part 3 – Quiz Results
As usual, for the third
part, Satoshi Club Team asked the chat 4 questions about the crypto project. A
link to a Quiz form was sent into the chat.
For
more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Chinchilla and our guest was @TheKingofChateau – he main investor in the project and @Ankeradon – PR head of Chinchilla. The AMA took place on 23 April.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Chinchilla!
Welcome to Satoshi Club😀
Solisin:
Hello guys, Thank you for inviting us!! 🐭 I am @Ankeradon, ready
for your questions!!
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club😊
BSC LORD – GPSV: Thanks for inviting us to this AMA, we are so glad to be here today with you guys.
Mary | Satoshi Club:
Wow! Fantastic! Chinchilla family is our guest 😀
Pablo,
Hello Satoshi Club members! 😀 Pleased to be here
Gold Rocket | Satoshi Club: Very glad to meet you👋
Mary | Satoshi Club: Hi👏
Mary | Satoshi Club:
Let’s start our AMA 🚀
Solisin:
Sure! let’s do it!
Gold Rocket | Satoshi Club: Hi there😊
Mary | Satoshi Club:
And as usually we will start with intro 😀
Could you please introduce yourself and tell us more about Chinchilla 👍
Gold Rocket | Satoshi
Club:
Tell us please about yourself and your position in Chinchilla.
Solisin: ChinchillaToken is a 100% meme based & decentralized community experiment. It is same as SHIBA INU $SHIB but with different tokenmetrics.
No
Team tokens
Admin
key burned
Liquidity
locked forever
Total Supply: 100,000,000 $CHINCHILLA
We get no extra profit out of this project, as Chinchilla
has no extra fees
BSC LORD – GPSV: Well, @PabloNF is the IT head of the project, @Ankeradon is the PR head and I am the main investor in the project. We are a group of 3 friends that got involved into crypto 3 years ago and we were fascinated by the potential of DeFi so we took a leap of faith and decided to create our own token and get a crypto community to try to improve the capabilities of DeFi, which is in its infancy right now.
Mary | Satoshi Club: Whose idea was it to create the project?
Why Chinchilla? Do you love this animals?😉
Pablo,
The idea was mine because I own a chinchilla, I love chinchillas and I thought
that would be the next animal coin
Gold Rocket | Satoshi Club: Also we would like to know about your team. Who is on the project team?
it’s so cute 😁
Mary | Satoshi Club: Ahaha, i love chinchillas also, on my mind they’re the cutest animals in the world 😀
BSC LORD – GPSV: We are a team composed by 5 people right now but we tend to expand the team much bigger in the future
Gold Rocket | Satoshi Club: Are you anonymous? if so, do you plan to come out of the shadows sometime? 😉
Solisin:
Let me explain this “much bigger in the future” 🙂
Mary | Satoshi Club: Sure😀
Gold Rocket | Satoshi
Club:
Thanks a lot for the intro guys! It was very expressive! Would you like to
proceed to the questions from community?
Solisin: These 5 people are @Ankeradon, @TheKingofChateau, @PabloNF @Ericalexand and one more guy that cannot be with us.
Pablo,
Yes, let’s proceed to the questions! Thank you for let us introduce ourselves
Gold Rocket | Satoshi Club: Small but friendly team as I understand it ❤️
BSC LORD – GPSV:
Thank you guys!!!
Q1 from Telegram User @victorogb Looking at the carefully laid out road map for the Chinchilla project, there are some pretty interesting events and features marked out especially through Q2 & Q3 2021, amongst which are: the target exchange listings, the charity exploration, your fuzzies NFTs, ChinchillaCon Zoom and ChinchillaCon IRL. Can you carefully enlighten us a little on some of these unique features and what to expect from them?
BSC LORD – GPSV: Also our Chinchilla is fully doxxed already and we will be doxxed very soon 😊
Mary | Satoshi Club: That’s a great news!
BSC LORD – GPSV: Talking about ChinchillaCon, with the times we are living right now with the COVID pandemic will have a huge meeting by ZOOM or other platforms, and we will have a meeting with the whole community and share our thoughts and ideas for the project. I will let @PabloNF to talk about the rest
Pablo,
We applied to Coingecko, Blockfolio and Coinmarketcap. We are working right now
on expanding our holder base and creation of a NFT platform. Meanwhile we are
expending a lot of energy and money on our marketing proposal trying to create
a community that is involved in the project
Solisin: Chinchillas live in communities where there is no leadership, and the survival of the community depends on each individual. Everyone can shill and pump the coin and be a part of the project. We actually don’t own this project, we don’t get any profit out of it, we created the coin and we locked all the liquidity. We will be supporting any other members that wish to help and to create more on this token. This is not a Meme Token, it’s a Community Token. It is unruggable and everyday we will keep working on it with all the other chinchillers 🙂
Mary | Satoshi Club: Will you have any contests or competitions?😀 I know communities like such events.
Mary | Satoshi Club: 👍
Pablo,
Yes, right now we have our first contest on Twitter
Gold Rocket | Satoshi Club: It can be seen that you are very enthusiastic about the idea of the project. 😊
Pablo,
3 prizes for the best memes, voted by our community (125$, 50$ and 25$)
Gold Rocket | Satoshi Club: Not bad👍
Mary | Satoshi Club: Also, i wang to ask if you have enough volume to get listed on Coingecko and Coinmarketcap, as i know it’s not so easy
Pablo,
We will have bigger contest in the future!
🚀🚀🚀
BSC LORD – GPSV:
Excuse our english, we are an spanish team by the way!! 🇪🇸🇪🇸🇪🇸
Mary | Satoshi Club: Np😀😀😀
Gold Rocket | Satoshi Club: Do you plan to promote local communities?
Solisin: We reached 2.000.000 volume during our first day with only 400 members. We are certain that we will get there again
Gold Rocket | Satoshi Club: Excellent result, I dare say🚀
Mary | Satoshi Club: Wow, incredible 🤣 that’s a real success
Solisin: Of course, our Marketing project consists of advertising and creating communities on each language, such as russian, indian and chinese.. We are working on that right now.
Mary | Satoshi Club:
Thank you for your answers guys!
BSC LORD – GPSV: We will try to reach all communities, everybody is invited to the project to share its ideas and give its energy, effort and knowledge to the project. We, the chinchillers grow bigger with the community efforts!!
Gold Rocket | Satoshi Club: Thanks for the great answers! ready for the next question? 😉
BSC LORD – GPSV: Yes sure.
Q2 from Telegram User @h1drX The truth is that your project catches my attention because you don’t see projects like these often. But what is the goal that Chinchilla has in the Cryptocurrency ecosystem? I have seen on your website that the project is 100% community-driven and the team has no assigned tokens. Was this project launched non-profit? Thanks.
Gold Rocket | Satoshi Club: Awww😍
Mary | Satoshi Club:
This question was a bit covered, but i am sure that you have something to add😉
BSC LORD – GPSV:
Yes, the project is not for profit of the creators but for the community profit
as a whole. We are chess lovers so the main idea we have in mind right now and
where we are focusing our effors is developing a chess game for the community
where you can bet against other players and earn benefits with your chess
skills
By the way, there is not any tax for the team on each transaction with the token, just Pancakeswap fees.
Solisin:
After Netflix series Queen’s Gambit and the pandemia, Chess comunity has grown
inmensely and most of this chess members are into cryptocurrencies and Tokens.
So we believe it will be a great place for them to bet and to challenge other
people.
Mary | Satoshi Club:
But there is bull market now, why did you decide to create a project which
won’t bring you profit?😀
Gold Rocket | Satoshi Club: You know how to surprise, to be honest. it’s such a versatile approach to crypto … chess, chinchillas… 👍
Mary | Satoshi Club: Queen’s Gambit is really nice👍
BSC LORD – GPSV: We will profit if the token gains value of course because we hold tokens we bought fairly and because we believe in the idea so if the price of the token goes up, we all will benefit from it
Pablo,
We do not want to leave without highlighting the work we are doing on the NFT
platform, which we will launch soon
Mary | Satoshi Club: This has sense 😁
Gold Rocket | Satoshi
Club:
Thanks a lot for the clarification! Ready for the next question?😉
BSC LORD – GPSV:
Yes we are
Q3 from Telegram User @yellowchamp In your roadmap Q3 2021,your platform is going to launch a Chinchillin’ RNG Lottery in which you stated that there will be 90% winners. So,can you give us a little overview about this Chinchillin’s RNG Lottery? I think 90% winners is a lot, so can you tell us more about the mechanics of this lottery? Can anyone participate this lottery? What are the requirements of this lottery to join and what will be the rewards or prizes? Thank you
Mary | Satoshi Club: Sure! You can do it while answering this question 😁 we are big NFT lovers here!
Solisin:
Well, Lottery will be made out of fees from the Chess game. Therefore, when
lottery is running, if you participate with enough tokens, and you don’t win
the Prize, you still get back a percentage of what you paid. Most of the prize
will come from these fees and from the 10% that will be taken from the buyers.
The rest will be given back
Pablo,
First of all we want to create unique NFT to distribute between the Chinchilla
holders
Pablo,
And create a NFT platform that colaborates with other animal tokens
Mary | Satoshi Club: It’s interesting! I can only imagine how they will look like😀
Nice idea! I know that a lit of animal tokens exist, it will be like NFT zoo😀
Gold Rocket | Satoshi Club: Small token zoo 😁
Mary | Satoshi Club: So, it will be live in Q3, right?
Solisin: Yes.
Mary | Satoshi Club: Did you already test this lottery or it’s still in the development?
Pablo, Still in the development phase
Solisin: Still, in development, we are focusing right now in the game, because Lottery will not work without it 🙂
Mary | Satoshi Club: Gotcha! Thanks!
And when do you plan to launch NFTs?😀
BSC LORD – GPSV:
We are a 3 day project so everybody is very early on this right now 😄
Solisin: We are planning to get there in 10-14 days.
Mary | Satoshi Club: Awesome! We will wait for the launch ☺️
Gold Rocket | Satoshi Club: And you are probably already looking forward to the next question😉
BSC LORD – GPSV: Yes sure.
Solisin:
😀
Q4 from Telegram User @Johana0012 By holding Chinchilla tiles, we will all snuggle up and stay warm and comfortable for a relaxed trip to the moon. What are the benefits they offer to users? Is Chinchilla a deflationary or a flationary project? What will be the blocked liquid supply? How is the total supply of supplied tokens divided?
BSC LORD – GPSV:
The main idea is to add a deflationary characteristic to the token when the
games launch. A fee will be deducted from each match so that will be burned and
thus decreasing the total supply of the tokens in circulation.
Mary | Satoshi Club:
Did you already decide which fee will you deduct?
BSC LORD – GPSV:
Many tokens will be allowed to be used on the platform and those tokens will be
sold to purchase $CHI and thus giving the rewards in $CHI tokens
Mary | Satoshi Club:
What about governance?
BSC LORD – GPSV:
We are thinking about a 0.3% fee on each match an 0.15% will be burned and the
other 0.15% will be distributed among the solo CHI stakers
Mary | Satoshi Club: So, you users will have double benefits by playing games😀
Pablo, We do not aim to implement any governance mechanism
BSC LORD – GPSV: Yes they will 🤑
Gold Rocket | Satoshi Club: Thanks a lot for the answers! everything is clear to me! ready for the next question?😊
Solisin:
Go for it!
Pablo,
Ready!
Q5 from Telegram User @Jonahapagu Chinchilla & Small Furries Charity Exploration appears on your roadmap what is this Charity exploration all about, do you intend to support a charity project, where will the funds for this Charity exploration come from.
Gold Rocket | Satoshi
Club:
Partially disclosed. But maybe you want to add something
Pablo,
We are exploring the launching of a new token which will feed Chinchilla and
has a charity wallet, that will be used to fund projects that the community
votes
Mary | Satoshi Club:
What’s your community opinion about this idea?😀
BSC LORD – GPSV:
This is the great new we had prepared for the AMA so we are giving out this
announcement for the community right now
Gold Rocket | Satoshi Club: Wow🚀🚀🚀
Solisin: Well, I just wanted to summarize the main ideas of this token:
It
is a community token is unruggable and it depends on the strength of each
individual
New
token will be coming out and it will feed through fees Chinchilla token
and Charity
App
Chess game with Challenges and Bets.
Lottery
and NFTs as other tokens
Mary | Satoshi Club: You prepared a lot of surprises and activities for Chinchillas 🚀
Solisin:
To finish, we encourage any members from this and other communities to contact
us to keep developing and to help us develop all these ideas 🐭🐭🐭👍🏻
Mary | Satoshi Club:
Sure, Satoshiclubbers, join @chinchillatoken🚀🚀🚀
Thank you for your answers, guys! Ready for the 6th and last question from this part?
BSC LORD – GPSV:
Yes, we are ready🙂
Q6 from Telegram User @jodasf How reliable and secure are your contracts, have you performed any kind of audit to prove to your investors and users that it is 100% reliable?
BSC LORD – GPSV: We are planning to make an audit once the community is fully established and we have a big amount of people that believe in the project. At this moment we haven’t tried to leave or do something tricky so yes we will do it when the right moment comes but right now anybody can audit the contract and see that is fully rug proof
Gold Rocket | Satoshi Club: Absolutely agree with you! everything has its time!
Mary | Satoshi Club:
But hackers are not sleeping 😀
Hope, you will take security seriously 😀
Part 2 — live questions from the Telegram community
Q1 from Telegram user @cryptofollower This morning on your telegram group you were saying to set slippage to 12%. Why is the slippage is so high?
BSC LORD – GPSV: The liquidity provided for the token is still small but I provided 6000 BOG tokens (from bogged.finance token) that I pegged to CHI that are worth about 30k dollars. Now not big amounts of the token are allowed to be bought so maybe the slippage was big on a big buy, other that that I actually don’t know.
Q2 from Telegram user @meml97 Meme-based projects are known for having really fun and cool activities for their communities such as creative meme contests and stuff like that, can you tell us what plans does Chinchilla have to be more engaged with it’s community and really stand out as a good and cool meme project? What should we expect from your project in terms of this?
Pablo: We plan to make a lot of contests, community is very active, creating memes all time, we are alive since 3 days but this community is amazing.
Q3 from Telegram user @smelekin What are the coinburn strategies you are implementing?
BSC LORD – GPSV: We will add deflationary characteristics to CHI once the chess platform is fully implemented.
Q4 from Telegram user @Matrix Who are the biggest token holders and how can we make sure most of the tokens are not in the hands of whales?
Solisin: We don’t know who are the biggest holders, some of them are us, some others we don’t know, but what we know is that they were here from the beginning, they didn’t sell when it was ATH and they didn’t sell now. Therefore, they trust the project, but nobody can be certain if they are going to sell or not. You can be a whale if you want. The Community token is completely free.
Q5 from Telegram user @Jodasf How quickly can Chinchilla investors earn profits, what are the steps they need to take to start earning them and how easy will it be to withdraw them?
Pablo: After a first-day huge pump where we reached almost 2M$ in trading volume, chinchilla’s price is low and has now reached a really good floor. From there is just a matter of time until investors will be able to make huge profits, going in now means investors will make more than 20X once we reach ATH again. Just withdraw on pancakeswap like any other token.
Q6 from Telegram user @atillayeni If you don’t get any profit from this project where do you guys earn money from?
BSC LORD – GPSV: Let me say I am a physician as well as @Ankeradon so we have already made a living out of something else, no incentives to rug 😁
Q7 from Telegram user @h1drX I was reading the project roadmap and was intrigued by the following plan which is: “Chinchilla Charity Exploration and Little Furries”. Can you explain what this is about? Does the project have charitable intentions for the community?
Pablo: Yes, with the creation of the new token, percentage will go to the Charity Wallet. Community is excited about this new token.
Q8 from Telegram user @alptrader The pancakeswap had the similar idea of no leadership and no team coins, it was all community. What are your plans to build the community?
Solisin: The plan is to work every day on the project, mostly through marketing, TG, Discord (that will be created this weekend), Tik Tok, Reddit…, encourage the community to participate and develop ideas with different spontaneous teams that have the will to develop some of the ideas. It’s all about not giving up on the project.
Q9 from Telegram user @Beterror203 Please can give the popocoin or chart from u token same token same name scam now?
Q10 from Telegram user @Eminet001 STAKING, MINING AND FARMING are GREAT STRATEGIES in getting MORE INVESTORS AND USERSDO THIS GREAT PROJECT SUPPORTS THOSE LISTED?
Solisin: The second token will be deflationary and deduction will stake on first token. Anyway, mining and Farming only work with inflationary tokens, so we are not planning on those for the moment.
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. TWO TWO Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about TWO TWO
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Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Formation Fi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Formation Fi
For more details:
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Formation Fi Telegram – @FormationFi
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