Month: April 2021

PART 1. Introduction of DxSale project and community questions.

Hello, Satoshi clubbers and guests of this site. Today we want to present you a wonderful project, or more precisely, this is a double project. Acala & Karura are projects created by the same team to satisfy the interests of Polkadot and Kusama users.

 Acala’s all-in-one DeFi hub of Polkadot, a platform to helps you stake, swap, borrow, lend, earn, and more – all with micro gas fees.

 What is Karura? Karura is the all-in-one DeFi hub of Kusama.

Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about Acala &Karura

The reward pool is 500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27 

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Dan Reecer – VP of Growth @ Acala & Karura – @dreecer

Introduction of Acala &Karura project.

Gold rocket | satoshi club:

Hello, dear community!

We conclude our today’s ama marathon series with Acala & Karura.

Today our Acala & Karura guest is @dreecer – vp of growth in Acala and Karura!

Dan reecer:

Hey! Thanks for having me

Gold rocket | satoshi club:

We are very excited about the upcoming ama😊

Gold rocket | satoshi club:

Let’s start! @dreecer

Introduce yourself please. How did you get to be involved in crypto & Acala & Karura?

Dan reecer:

Well, I took an interest in bitcoin and started studying bitcoin back in 2013 (unfortunately didn’t invest as a poor recent college graduate), but then started following more closely in 2017 when I was working in pharmaceutical brand marketing. I then flew to a bitcoin conference in Miami in Jan 2018, which led me to take an internship at Wanchain. That turned into a full-time offer where I led marketing for 1.5 years. Then I moved to web3 foundation to help launch Kusama and Polkadot for 1.5 years. While at Polkadot, I started consulting on the side with Acala because in my eyes they were the best Para chain building on Polkadot. That turned into an offer to join full-time on Feb 1, and now I’m here leading growth for the team.

Gold rocket | satoshi club:

Wow! You have great background 👍

Dan reecer:

Haha, definitely.

Dan reecer:

Well, I had been hearing the “interoperability” buzzword for a couple of years, but until Polkadot came along, no one was really executing the tech in a way that would really work. When I was evaluating the job offer, Polkadot had a lot of potential because it was created by Gavin wood who created the Ethereum virtual machine (EVM) and created the solidity programming language. Gavin is the primary reason Ethereum is what it is today. But to me, it was impossible to ignore the fact that this guy left Ethereum to create his own project that would be able to scale and improve on all the limitations of the previous network that he built. He even created a new programming language called substrate which makes it possible to easily custom-build blockchains (called Para-chains) for Polkadot and Kusama. My move to Polkadot and Kusama was really a bet on the technology and a bet on Gavin.

Gold rocket | satoshi club:

It can really inspire 🚀

Dan reecer:

So now today we have Polkadot and Kusama with these multi-chain ecosystems really starting to flourish.

Andrés m. | satoshi club:

Hello dan, thank you for the intro, would you like to add something before our first community question?

Gold rocket | satoshi club:

What is Karura? Please tell us more.

Dan reecer:

Yes, so in this diagram, you see all of these small gray squares. These are all individual “Para-chains” that are custom-built for specific use cases. These are layer-1 blockchains equivalent to Ethereum. Acala is building the defi Para-chain for Polkadot, and Karura is building the defi Para-chain for Kusama. Both of these Para-chains are built by the Acala team.

Dan reecer:

Karura will be a blockchain platform that DAPps can be built on, and our team has also already built a full application hub where people can stake, do swap on the Karura DEX similar to Uniswap, borrow and lend with the Karura dollar (KUSD) stablecoin, and do liquid staking for KSM (which means you can stake your KSM and get a liquid form (LKSM) that you can use in DeFi while your original KSM is still earning rewards).

Dan reecer:

This is what the Karura apps look like.

Andrés m. | satoshi club:

Are you planning to connect with other chains? For example, BSC, Cosmos…

Gold rocket | satoshi club:

It looks very dignified! Thank you very much for sharing!

Dan reecer:

It’s all built and ready to launch on Kusama as soon as Karura wins a Para-chain slot auction (which is required to gain a slot on Kusama to launch). People can use the apps already on testnet at http://apps.acala.network (you can use the getting started guide to get testnet tokens).

Yes, we will have bridges to bitcoin and Ethereum. Acala also just recently received one of the first compound grants from the compound team to build a “starport” bridge between the new compound chain and Acala. There are also some teams building bridges to the Cosmos and other chains. I haven’t heard about a BSC bridge yet, but I wouldn’t be surprised to see that soon too.

Dan reecer:

Ren protocol has already integrated with Acala as well for RENbtc.

Andrés m. | satoshi club:

Congratulations, it seems you are reaching great milestones👏

Gold rocket | satoshi club:

Why did you decide to choose Kusama?

Dan reecer:

Well Kusama and Polkadot have almost the exact same technology, but the communities have become quite different. KSM holders have a significant amount of demand for DeFi products, just like the dot community has a huge demand for DeFi. Karura (http://Karura.network) is serving the demand of Kusama, while Acala will serve the demand of the Polkadot community. We look at it like a traditional company opening a branch in two different countries to serve both populations.

Andrés m. | satoshi club:

It’s true, both are strong projects with a big community

Andrés m. | satoshi club:

@dreecer we have collected some community questions for you, ready to proceed?

Dan reecer:

Sounds great.  

Preselected questions about the Acala &Karura DeFi project.

Gold rocket | satoshi club:

Q1 from telegram user @juansb07

You say that the Acala DeFi platform is “all in one” as it has the ability to help users bet, trade, borrow, lend, win and more, all with micro gas fees. But could you explain to me how they do it without any inconvenience? Do users have to complete a KYC to access these tools? And how do the “micro gas” rates work? Are they really minimal?

Dan reecer:

Acala and Karura will be open, decentralized platforms similar to Uniswap, maker, compound, etc. Where they are open financial tools not requiring identity. One of the main user experience differences between Polkadot/Kusama DAPps and Ethereum DAPps is that these will use the “Polkadot.js” browser extension instead of Metamask. The other major difference Acala/Karura will have are the gas fees. Substrate allows us to customize gas fees at the blockchain level, instead of eth DAPps having to just accept what Ethereum requires. So, in our case, we will make gas fees as low as possible (can’t be $0 or there would be spam transactions). The complexity of the transaction will impact the gas fee price, but they will always be very low (if I had to guess, usually under 50 cents USD).

The customization for defi also allowed us to create “bring your own gas”. This allows gas fees to be paid in any token, so there’s no need to find aca for Acala or kar for Karura. For example, if you bring ETH to Karura, you can do a swap and pay the gas fee in eth instead of having to go find KAR.

Gold rocket | satoshi club:

Sounds good!

Andrés m. | satoshi club:

The very complete answer, So what will be the main benefits for holders?

Dan reecer:

Well, one of the things I’m most excited about is that Karura can be used by end-users on day 1 when we launch. Our goal is for Karura to be the first public Para-chain to launch on Kusama, which will be a lot of utility to token holders. For example, 6% of the entire kar supply has been set aside for early liquidity providers. Since Karura has a fixed supply with no inflation, this means early lps will be earning a percentage of the network jusy by providing liquidity. The KARcommunity will also be able to use Karura for swaps, KUSD loans, and KSM staking as I mentioned before.

Gold rocket | satoshi club:

By the way, what options does Mandala provide to the user?

Dan reecer:

Some details on the liquidity rewards

Dan reecer:

Mandala is just the name of the testnet.

Mandala = testnet

Karura = mainnet on Kusama

Acala = mainnet on Polkadot

Andrés m. | satoshi club:

Thanks for the clear answer, would you like to proceed with the next question?

Dan reecer:

For those interested in the KUSD loans, the Karura DEX, and liquid KSM staking, here is a youtube playlist showing live demos of all of these products:

https://www.youtube.com/playlist?list=pl2tjr9mcaejtw2b3pkdielqkiyrduv9un

Gold rocket | satoshi club:

Thanks a lot for this clarification.

Dan reecer:

Yes, that works. I can stay for 15 more minutes.

Andrés m. | satoshi club:

Q2 from telegram user @victorogb

Kusama has been said to be a ‘cypherpunk heaven’ for developers looking to move fast and push the limits of what’s possible. Karura plans to integrate and capture this vibrant developer community via Kusama and also assist substrate developers with world-class tools and platforms for financial applications. Can you carefully outline some the “haven of benefits” and financial tools kurara will offer developers and budding innovators and how will the synergy between developers and Kusama, effectively benefit Karura?

Dan reecer:

One of the main things to keep is mind is that with Karura and Acala, the defi products called “primitives” are built into the blockchain itself. This is significant for Karura because these are essentially building blocks that other Kusama developers can come and use to build their own apps on Karura leveraging these defi primitives. For example, a dev team could come and take the Karura DEX to use in their own DEX aggregator application, or they could use the kusd stablecoin to build their own fixed income product. The best part is that Karura and Acala can upgrade without forks, so we can continue to build more and more functionality into the chains with a simple blockchain upgrade (unlike Ethereum which hasn’t been able to change/upgrade since it launched years ago)

Andrés m. | satoshi club:

Btw, I think it will help to increase the ecosystem use cases.

Gold rocket | satoshi club:

Agree! Upgrading without forks is a huge benefit! 👍

Andrés m. | satoshi club:

Thank you for the answer, ready for the next question?

Dan reecer:

Yep. Really good questions, by the way.

Andrés m. | satoshi club:

Q3 from telegram user @meml97

On Acala we can get involved on something you called consortium where we can jointly govern and develop the platform, can you tell us more about this group? How can we govern and develop Acala network and how can we be part of it? Also, while looking at Karura’s page I noticed this option isn’t available. Does this mean we can only get involved on Acala? Or by joining one of these platformdwe are already part of the governance and develop of the other one?

Our community is highly interested in this big project😃

Dan reecer:

Great question, and probably something we should add to a future iteration of the Karura webpages.

So, the answer is no, you can get involved in either network, just like today there is separate governance for Kusama and Polkadot ecosystems.

Both Acala and Karura will have extensive on-chain governance operations that govern the network and make decisions on the future. Acala and Karura will both have a “council” of people that are elected by token holders. There will also be specific ‘committees’ that help govern the financial products, like the stablecoin and liquid staking protocol. These will likely be crypto finance experts like gauntlet who we just partnered with (the team that works with aave, compound, maker, etc.).

As a token holder, we’ll definitely encourage as much participation as possible, including voting, discussing governance proposals, electing council members, even running for council yourself.

You can check this out for more info on Acala/Karura governance: https://wiki.Acala.network/learn/basics/governance-overview

PART 2.Questions about the Acala &Karura project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Acala &Karura crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @surendra040

For a newbie user do you have any guide or tutorial video on how to use it?

Hash | dxsale.app:

You can get step by step guide or youtube videos from there

Q – 2 from a telegram user @cryprince

Why did you name your project as DxSale? Does it have any meaning? 

Hash | dxsale.app:

Dx was a fun way for us to say decentralization. I really don’t know why and when we got it.

Q – 3 from a telegram user @theprinceofnigeria

It’s the same bots asking questions over and over lol. Fkin jokes?

Hash | dxsale.app:

I agree – lets play a game DM me the answer to 7+2 and i’ll answer your question.

Q – 4 from a telegram user @smelekin

You are saying all procedures are operated by smart contracts so what happens if one of your smart contracts have vulnerable? How can you make sure that your smart contracts are safe?

Hash | dxsale.app:

Smart contracts will be audited. But Audit is no way of confirmation a system is secure. In cybersecurity 101 – No platform is secure, it’s only a matter of time vulnerabilities are found.

This is why you see projects that have been audited in the past become hacked. It’s an ongoing practice for good practice.

Q – 5 from a telegram user @K2ice

On the security aspect, do you think that the DxSALE platform is prone to cloning?

Hash | dxsale.app:

Currently, there are a project that is taking ideas ofc but in terms of actual cloning- none as everything is private until the audit is done.

Q – 6 from a telegram user @Jamesw19

 Dxsale.network gets greater adoption and popularity whats to stop dx launchpad from being saturated with too many low quality applications(tokens)?

Hash | dxsale.app:

We can easily tackle this through different filters and what the community considers quality. We will be adding governance to DxSale where the community will decide these things.

Q – 7 from a telegram user @BJosefina61

Your roadmap talks about the release of DxLaunch 1.5, how does this differ from 1.0?

Hash | dxsale.app:

1.0 is a staking and unstacking platform with fees that are distributed to others along with burning.

Q – 8 from a telegram user @Guandog

As we know, NFTs are here to stay disrupting the entire crypto market, can you break down your opinion and vision about NFTs within the platform?

Hash | dxsale.app:

Yes, we have a lot of ambitious ideas around NFTs for our platform, haven’t seen anyone do it like the way we will be approaching the space yet.

Q – 9 from a telegram user @blockchainstake

Do you have liquidity mining program that we can earn there and what are the APY’s we can earn?

Hash | dxsale.app:

in the works with some partners for DxFarming might not be until a couple of quarters. right now there’s a lot we want to do.

Q -10 from a telegram user @dumpspump

You know there are many different blockchains so how many blockchains do you support on your ecosystem?

Hash | dxsale.app:

We currently support 3 – AIM is to support 8-10 then do a big UI overhaul update.
Supported – ZIL, POLY, ETH, BSC

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Acala & Karura project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Acala &Karura

Telegram group  | YouTube |  Tweeter  |  Website  |  Medium  

We are pleased to announce our next AMA on April 29th 2021 at 03:00 PM UTC Time: Satoshi Club x CurioInvest

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join CurioInvest 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. CurioInvest Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about CurioInvest

For more details:
CurioInvest Website – curioinvest.com
CurioInvest Telegram – @CurioInvestCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

PART 1. Introduction of Disciplina project and community questions.

Hello, Satoshi clubbers and guests of this site.Today we talking about Disciplina project.

DISCIPLINA is a multifunctional blockchain for projects in the educational and recruiting spheres. It provides the transparency of work and creates conditions of maintaining confidentiality and reliability of information added by system participants. DISCIPLINA doesn’t use any other blockchains in its work, and is being developed for the demands of the educational and recruiting fields, taking into account the specificity of their work.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about DxSale

The reward pool is 500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27 

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Ilya [mr.TeachMePlease] -Nikiforov- Founder of TeachMePlease and DISCIPLINA – future of education.  – @OzMagic

Introduction of Disciplina project.

Gold rocket | satoshi club:

Greetings dear satoshi club!😁 sometimes we all lack a little discipline… 😁

Andrés m. | satoshi club:

Hello dear community, we are happy to end this ama day with a great project Disciplina! @ozmagic welcome to satoshi club, we are glad to have you here.

Gold rocket | satoshi club:

Let’s get acquainted with the guys who even called their project so

Ilya [mr.teachmeplease] nikiforov:

Hello, satoshi club community! Happy to be here today!

Gold rocket | satoshi club:

Hello and welcome to satoshi club, @ozmagic! 😀

Andrés m. | satoshi club:

How is going your day?

Ilya [mr.teachmeplease] nikiforov:

All is good. Nice weather today here in tallinn.

Gold rocket | satoshi club:

Let’s warm up a little with a small intro. 😊

Ilya [mr.teachmeplease] nikiforov:

For sure! Why not?!

Gold rocket | satoshi club:

Introduce yourself. How did you get to be involved in crypto & disciplina? 😊 i think you came up with a great idea😉

Ilya [mr.teachmeplease] nikiforov:

So. My name is Ilya Nikiforov, and I am the founder of teachmeplease educational platform and Disciplina blockchain.

I started teachmeplease in 2016 and later came up with an idea of the new ecosystem, which I call Disciplina.

Gold rocket | satoshi club:

What is the essence of your project?

Ilya [mr.teachmeplease] nikiforov:

Disciplina will become a solution to connect all educational and recruiting projects and services into one ecosystem.

Disciplina is a multifunctional blockchain for projects in the educational and recruiting spheres. It provides the transparency of work and creates conditions of maintaining confidentiality and reliability of information added by system participants. Disciplina doesn’t use any other blockchains in its work and is being developed for the demands of the educational and recruiting fields, taking into account the specificity of their work.

Andrés m. | satoshi club:

Why disciplina?

Ilya [mr.teachmeplease] nikiforov:

So, our mission is to create a multifunctional blockchain for keeping a unified register of academic achievement and qualifications to generate a scoring system for every user of our platform.

Disciplina is an old Latin word with the meaning of order, transparency.

Gold rocket | satoshi club:

As a former student, i am very interested in this concept.😁

Ilya [mr.teachmeplease] nikiforov:

I found it very good for my idea 🙂

Andrés m. | satoshi club:

It is a great idea, which educational projects have you added to disciplina ecosystem?

Ilya [mr.teachmeplease] nikiforov:

We are still in the development stage. Teachmeplease will be the first project using Disciplina. But we already have a list of soft commits ready to go as soon as we are prepared to

Gold rocket | satoshi club:

I think you made a great intro! Do you want to add something, or can we proceed to the questions from the Satoshi club community?🔥

Ilya [mr.teachmeplease] nikiforov:

I think we can proceed to the questions. All basic info is available at disciplina.io and our official chat: https://t.me/disciplinaofficial

Preselected questions about the Disciplina DeFi project.

Andrés m. | satoshi club:

Q1 from telegram user @pratze

I see that Disciplina has native token $dscp, can you explain to us what is the use of DSCP token inside your ecosystem? Do you have any Defi features like staking, farming, or others? If yes please explain how does your stake system work. Thank you

Gold rocket | satoshi club:

Satoshi clubbers! Join, please🚀

Ilya [mr.teachmeplease] nikiforov:

Let’s start with this one. I will explain it now. Exactly right now, we are in a final stage of development to start our token swap from old DSCP tokens into new DSCPL tokens.

The functionality of the new one will be much wider, including DeFi and farming features.

Disciplina protocol employs Cardano-based technologies. Nowadays, many other great decentralized technologies and protocols have been widely accepted. Not to be limited by the parent technologies, we have to improve the protocol to be able to build the gateways to all the common blockchains such as BSC and others. The possibility of using the token inside the protocol will remain.

Academic institutions, tutors, students, and recruiters will interact with each other on the Disciplina platform through applications that contain educational, recruiting, and other interfaces. Dscp tokens are required to get access to Disciplina protocol. That’s how it will work.

Andrés m. | satoshi club:

How is the token distribution (tokenomics) of DSCPL?

Ilya [mr.teachmeplease] nikiforov:

We have rather a good post on our medium with the explanation of new tokenomics: https://dscpl.medium.com/improved-disciplina-token-tokenomics-18c075fd72ca

Gold rocket | satoshi club:

Do you already have MVP?

Ilya [mr.teachmeplease] nikiforov:

Yes, really, our own blockchain is already running a test and will be open to the public in the next few days. We have plans to give the community option to be a part of our test team and run their own nodes.

Gold rocket | satoshi club:

Рlease don’t forget to share with satoshi clubbers😉

Andrés m. | satoshi club:

Congratulations, great news

Gold rocket | satoshi club:

Thanks for the clear answer! Ready for the next question😊

Ilya [mr.teachmeplease] nikiforov:

For sure!

Andrés m. | satoshi club:

Q2 from telegram user @indomiekuy

Hr-agencies, private hr-agents, platforms for personnel search, employers and entrepreneurs will be able to register on discipline as recruiters to looking for candidates for work. Can you describe what are the different your platform with other website jobseeker like jobsdb, linkedin? Are there any new innovation inside disciplina platform?

Ilya [mr.teachmeplease] nikiforov:

Thank you! That is a very good question. I get it rather often. I need to explain. Disciplina is not a service or application. Disciplina is a technology or platform with open api. We are a blockchain for LinkedIn, teachmeplease, and all other educational or recruiting platforms, services, and applications.

Ilya [mr.teachmeplease] nikiforov:

With the help of Disciplina, all this project will become a part of one giant ecosystem.

Gold rocket | satoshi club:

This means you are not competitors with these platforms, but partners, right?

Andrés m. | satoshi club:

Great target, we will be linkeding in the same ecosystem that coursera 👏

Ilya [mr.teachmeplease] nikiforov:

Disciplina unites students, educational institutions (including private tutors), employers and recruiters. The users will interact with each other and the Disciplina platform through applications with a convenient interface, providing a wide range of platform functions. Exactly!

Gold rocket | satoshi club:

Your clarification helped us a lot in understanding👍

Ilya [mr.teachmeplease] nikiforov:

Disciplina is a solution for all these platforms to work together without losing competitive advantages.

Andrés m. | satoshi club:

Any project could be part of your platform or there is a filter to reject some of them?

Ilya [mr.teachmeplease] nikiforov:

There will some sort of KYC for sure. But it is more related to legal aspects.

Gold rocket | satoshi club:

Why did you decide to build your own blockchain? It is not cheap.

Ilya [mr.teachmeplease] nikiforov:

We are open to project of any size and success. Disciplina will store confidential information, such as the courses, students’ tasks, grades, and test results. Therefore, public blockchain solutions, which store all of their transactions in open access. At the same time, private blockchain solutions, such as hyperledger, do not provide enough verifiability of the data stored on them.

Andrés m. | satoshi club:

Thanks for the clarification

Gold rocket | satoshi club:

Thanks for the explanation. Ready for the next question? 😊

Ilya [mr.teachmeplease] nikiforov:

Yes!

Andrés m. | satoshi club:

Q3 from telegram user @brainchest

Allow me to express my gratitude. You are doing a great job in providing intelligence to businesses. But let me ask you this. How can a company executive be sure that an examination (term paper) got into the blockchain in good faith? Or the assessment of a job applicant’s intelligence is done correctly? After all, the system gets the data a person provides and it can be tampered with.

Ilya [mr.teachmeplease] nikiforov:

Wow! That is a really good question! Give me few minutes to explain my vision.

Andrés m. | satoshi club:

Take your time

Ilya [mr.teachmeplease] nikiforov:

First of all, we are developing Disciplina for the future, not for the past. I think that there will be no paper exams in the nearest future.

I believe that already in few years, most of the exams and educational activities will be held with some type of software known as lms (learning management system).

In this case, we need to build trust in the software and the educational information.

Andrés m. | satoshi club:

I completely agree with that idea

Ilya [mr.teachmeplease] nikiforov:

To protect the system from fictitious educational institutions, Disciplina has an inbuilt web of trust, analogous to PGP, in its protocol. Each user will be able to choose the system participants they trust. The level of trust in the other system members will be calculated individually for each user. Our network thus has no “verification centers”, which have an unlimited right to register or refuse the registration of an educational institution.

Our web of trust will allow recruiters to know which educational institutions are worth cooperating with and which are not. The value of the grade given to the student will depend on the rating of the educational institution at the time the grade was awarded.

Gold rocket | satoshi club:

Agree 100%

Ilya [mr.teachmeplease] nikiforov:

Hope this explains.

Andrés m. | satoshi club:

Different forms of fraud have been seen in education systems, such as hackers changing students’ grades. So, is your platform completely secure? Has it been audited or is it in the process of being?

Gold rocket | satoshi club:

Covid changed our lives. And your project really came into our lives in a timely manner.

Ilya [mr.teachmeplease] nikiforov:

We have made audits with quantstamp before. But for sure, we will run a lot more in future before the launch of the public chain. That’s why we need the help of the community to test our solution.

Hope so!

Andrés m. | satoshi club:

Great job, security first 😁

Gold rocket | satoshi club:

Thank you very much! Ready for the next question? 😊

Ilya [mr.teachmeplease] nikiforov:

For sure!

Andrés m. | satoshi club:

Q4 from telegram user @nataliyakil

After I drew attention on Twitter to your location: Russia, the city of st. Petersburg, I began to study your team. It was very interesting to look at the team – compatriots with such great experience. So, a significant part of the team is the former key developers of cardano. If i’m not mistaken, cardano is a multi-tier proof-of-stake blockchain platform for building decentralized applications based on smart contracts? How did the acquired experience in this direction help your team in creating disciplina?

Ilya [mr.teachmeplease] nikiforov:

Yes, most of our blockchain code was written by the same guys who made the first version of Cardano years ago. They are super talented and experienced. Their previous experience and unique expertise helped us a lot!

Andrés m. | satoshi club:

Great work team, how is it confirmed?

Ilya [mr.teachmeplease] nikiforov:

Right now we all work remotely. And I have moved or office from Saint-Petersburg to Tallinn, Estonia.

Andrés m. | satoshi club:

Both are beautiful places 😁

Ilya [mr.teachmeplease] nikiforov:

Covid restrictions caused a lot of changes to our everyday work. But I think it is the same everywhere.

Gold rocket | satoshi club:

As far as i know, tallinn today is the crypto capital of the cis

Ilya [mr.teachmeplease] nikiforov:

But its companies are easier to adopt for remote work. Exactly. A lot of great projects are based here.

Gold rocket | satoshi club:

It seems to me because the government was not afraid of the mass adoption of crypto… It’s cool👍 Can we proceed to the next question?😉

Andrés m. | satoshi club:

Or do you want to add something else? @ozmagic

Ilya [mr.teachmeplease] nikiforov:

Yes, they try to be the most innovative. We can proceed!

Andrés m. | satoshi club:

Q5 from telegram user @victorogb

Disciplina uses “witnesses” to check the validity of transactions in the public chain, this is achieved by using a consensus algorithm based on proof-of-stake (pos) technology, which provides the high speed and low price of the transaction. How are these witnesses selected, what specific criteria would one possess to be eligible to carry out these functions, and apart from rewarding the witnesses with commission-based fees from transactions made, what additional incentives do these witnesses tend to enjoy for providing a transparent and efficient service on the chain?

Ilya [mr.teachmeplease] nikiforov:

There are no special requirements right now. They just need to stake our tokens.

As in other cryptocurrencies, the witnesses will be rewarded for the launch of each block with commission fees from transactions made in that block. The probability that the witness will become the block-leader is proportional to the number of tokens on his account.

Andrés m. | satoshi club:

Is there a minimum token amount required? Btw, what will be the main benefits for holders?

Ilya [mr.teachmeplease] nikiforov:

Disciplina is designed so that witnesses will have no access to personal and private data inside the blockchain.

The Disciplina architecture stores the data on student academic achievement on the private chains of educational institutions.

We do not have any exact amount for that yet. We will understand it after the first tests. The main benefit is to get new tokens for staking DSCPL.

Andrés m. | satoshi club:

Has the APR been established?

Ilya [mr.teachmeplease] nikiforov:

Not yet also. It is not so easy. Also, we are not able to predict the market conditions at the moment of the start.

Andrés m. | satoshi club:

We understand it. Well thank you so much for the answer Ilya, would you like to add something else before the next question? 😃

Ilya [mr.teachmeplease] nikiforov:

No, we can go forward.

Andrés m. | satoshi club:

Q6 from telegram user @lukacy

In your whitepaper, there is a section you said eth and eos are not acceptable for storing confidential information. In another section, you said DSCp token is an erc20 token. This got me confused. I want to know, on which blockchain is Disciplina based? Eth? If not eth, can you tell us the blockchain it is based on, why you are using it and why is the best option for the project?

Ilya [mr.teachmeplease] nikiforov:

Ok. Let me explain. We are using erc20 (eth) tokens right now only for fundraising purposes. All users will have to swap all erc20 tokens into our native blockchain token after launch. I think it is rather a simple to answer to this question.

Gold rocket | satoshi club:

Many thanks for your answers! Your project is very modern and timely!

Andrés m. | satoshi club:

For sure it is. Thanks for your answers, it has been an amazing time in this first part of the ama 💪😃

Gold rocket | satoshi club:

Now get ready for the most impressive part of our ama – live questions!

Andrés m. | satoshi club:

Is time to proceed with the second part, the live segment, are you ready? @ozmagic

Ilya [mr.teachmeplease] nikiforov:

Great! Let’s go

PART 2.Questions about the Disciplina project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Disciplina crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @Derazy

You mentioned that Disciplina will become a solution to connect all educational and recruiting projects and services into one ecosystem. Regarding on transparency, how would Disciplina perform such fair and equal treatment for applicants? What are the unique features at Disciplina on this?

Ilya [mr.TeachMePlease] Nikiforov:

You can get step by step guide or youtube videos from there

Q – 2 from a telegram user @highpee

I saw two different token TICKERS being used during the first part of the AMA. Am a bit confused here. Which of these two is the ticker of DISCIPLINA token? Is it $DSCPL or $DSCP? Or are they two separate tokens used on your platform? 

Ilya [mr.TeachMePlease] Nikiforov:

We are using DSCP for our first version token. DSCPL will be the ticker for our v.2 token.

Q – 3 from a telegram user @cryptofollower

Despite there are private blockchain solutions, in order to protect the confidential information of your users you are developing your own blockchain architecture. How will you determine the super users who will have access to these private chains? For example, can users choose the institutes who can view their information? How is this system working?

Ilya [mr.TeachMePlease] Nikiforov:

To protect the system from fictitious educational institutions, DISCIPLINA has an inbuilt Web of Trust, analogous to PGP, in its protocol. Each user will be able to choose the system participants they trust. The level of trust in the other system members will be calculated individually for each user. Our network thus has no “verification centers”, which have an unlimited right to register or refuse the registration of an educational institution.

Q – 4 from a telegram user @Raisbelys

One of the goals of Discipline is to Create a universal blockchain that stores personal achievements in digital form and guarantees their permanence and credibility. But is it impossible for these files that users store to be erased or deleted? Discipline has a protection system capable of preventing a cyber attack or a possible hacking?

Ilya [mr.TeachMePlease] Nikiforov:

User personal data is stored on the private chains of the educational institutions. The public part of the network has only hashes of this data. Thus, private data remains reliable and safe at the same time.

Q – 5 from a telegram user @lukacy

When you move to mainnet, what happens to the token we bought on ERC-20?

Ilya [mr.TeachMePlease] Nikiforov:

You will need to swap your ERC20 token into our native token with the help of a special interface on our website. Old ERC20 tokens will be “burned”. I need few more minutes for the final 5.

Q – 6 from a telegram user @azrayeni

Are there any bounties who join your testnet and for the people running own nodes?

Ilya [mr.TeachMePlease] Nikiforov:

Yes. This reward program starts soon!

Q – 7 from a telegram user @Pirry05Universe

Are $dscp tokens for the exclusive use of students, teachers and other personnel living in educational units or is it available to anyone whether or not they are active students?

Ilya [mr.TeachMePlease] Nikiforov:

Anyone can own our DSCP/DSCPL token.

Q – 8 from a telegram user @sharper112

How do you plan to spread awareness about your project in countries/regions where English is not spoken well like Indonesia, Vietnam, India, Bangladesh and Iran, do you have local communities for them to make them better understand about your project?

Ilya [mr.TeachMePlease] Nikiforov:

We have plans to hire local teams in all regions to make Disciplina more understandable worldwide.

Q – 9 from a telegram user @centoscu

How can I be a node for validating transactions on Disciplina?

Ilya [mr.TeachMePlease] Nikiforov:

We will open this program soon. Please check for updates on our website.

Q -10 from a telegram user @biggdata

Can DISCIPLINA face legal problems due to the nature of the service it provides? Can you have problems due to the difference in legal regulations that regulate the functioning of institutions?

Ilya [mr.TeachMePlease] Nikiforov:

It is a good question. But our team works hard to avoid any legal limitations to the development of the project.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Disciplina project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Disciplina

Telegram group  | Blog  |  Tweeter  |  Website  |  Medium  

PART 1. Introduction of Props project and community questions.

Hello, Satoshi clubbers and guests of this site. We are happy to present you with a Props project.

Props abstract blockchain’s technological and regulatory complexity for apps, enabling them to easily plug Props Tokens into any app in the network.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about Props

The reward pool is 1500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27 

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Adi Sideman (PropsProject) -Props Co Founder – @AdiSideman

Introduction of Props project.

Gold rocket | satoshi club:

Hello, dear community! We are pleased to announce our next ama with props project! Today our guest is @adisideman – ceo of props project!

Adi sideman (propsproject):

Hello!

Gold rocket | satoshi club:

Hello and welcome to satoshi club😊

Adi sideman (propsproject):

Thank you for having me!

Gold rocket | satoshi club:

Thanks for joining @adisideman!

Andrés m. | satoshi club:

We are glad to have you here, how is going your day?😃

Adi sideman (propsproject):

I’m happy to meet the community.  Day is just starting in the us!

Gold rocket | satoshi club:

We are also very excited about the upcoming ama❤️Let’s start!

Introduce yourself please. How did you get to be involved in crypto & props project?

Adi sideman (propsproject):

I am the co-founder and ceo of props.  Nice to meet everyone. I come from a background of building communities in the media space, at scale. I co-founded the world’s first online karaoke, k-solo, which sold to fox myspace at the hight of myspace. After that i founder the first consumer livestreaming in the us, called younow, which grew to 120m user sessions/ month

Gold rocket | satoshi club:

You have excellent experience in building a business, i can see👍

Adi sideman (propsproject):

It is there that we introduced, in 2013, non-crypto virtual currency – on the context of a two-sided market where users could both by into it, and content creators could earn it. We sold close to $100m of that currency and became experts at managing a digital economy. Users, however, wanted more than just cash.  They would say: adi, you will become a tech millionaire and we earn like coin operated.

Adi sideman (propsproject):

We want a stake in the network.  We want an upside.

Gold rocket | satoshi club:

Sounds good😁

Andrés m. | satoshi club:

Wow, great milestone, that is an important platform. And at the time, there was no way to give users stock options or capital or a stake in the network. But when ethereym was mature enough to build on, we started props – a community token that both unlocks benefits and provides a stake in the network.

Today we have over 9 million users who hold the token for the benefits it unlocks across a half dozen participating apps.

https://metrics.propsproject.io/

Andrés m. | satoshi club:

You have created an interesting ecosystem, i personally use you now.

Adi sideman (propsproject):

Amazing – thank you for that!   Owe you a beer…

Gold rocket | satoshi club:

Wow! Great number👍

Adi sideman (propsproject):

Thank you.  We started in 2017 – and have been adding apps and users since.  This week we are announcing a NFT community as our next props partner app.

Gold rocket | satoshi club:

Now everyone loves NFT 🔥 Hot topic🚀

Adi sideman (propsproject):

For sure.  The nice thing about Props, is that it’s a community/ loyalty token that can be used by any community.

Gold rocket | satoshi club:

🍻

Adi sideman (propsproject):

We have media / creator communities.  Seller and buyer communities and in the days ahead we will be announcing an NFT focused community

Gold rocket | satoshi club:

Many thanks! Your intro was great! Ready to move on to questions from the community? 😊

Adi sideman (propsproject):

Absolutely!

Preselected questions about the Props DeFi project.

Andrés m. | satoshi club:

Q1 from telegram user @amirjosh

The long-term goal is for the props protocol to be fully governed by the community of props token holders. What is your timeframe on when props protocol can be fully governed by the users? How will you slowly transfer the control to tokenholders?

Adi sideman (propsproject):

Great question, amir.  Thank you.

We are getting ready to launch our staking governance portal.  The first functions that the community will take over are the protocol rewards, whereby the community will decide the ongoing tokens that each participating app will receive from the protocol.  We expect an incentivized test staking to start this quarter.

After that, once the test is over, and it goes online, we will slowly over a period of time, pass more and more of the governance to the community.

Thx amir. Next question pls!

Andrés m. | satoshi club:

For sure, thanks for the answer

Gold rocket | satoshi club:

Thanks, 👍

Andrés m. | satoshi club:

Q2 from telegram user @brainchest

In one of your amas, you said you were working on launching layer 2 and it would be ready along with the stacking. So i have a two-part question.

Is there an exact release date for layer 2? I understand correctly, if i move to layer 2, i can save on commissions if i trade on dex?

What is the benefit if i buy coins now? Will I receive a passive income?

Adi sideman (propsproject):

Thank you brainchest.  We are indeed introducing a layer 2 alongside the staking launch.  We want to ensure that our token holders who come to govern and stake don’t need to pay high gas fees to contribute their value.

As for the benefits: the governance will provide stakers with an APY for their time and effort of participating.  The test staking, which is launching this quarter, will also be incentivized.  So, users who help test the staking and governance will be rewarded for that as well.  I hope this helps answer your question for the most part, brainchest.

(as for DEXes: I believe that over time more and more of them will support layer 2s… So yes – there will likely be an opportunity to save gas fees there as well)

Gold rocket | satoshi club:

Thank you! Clear answer!

Andrés m. | satoshi club:

Is there any other benefit for token holders?

Adi sideman (propsproject):

Token holders receive discounts, status, unlocked content and features, and other utility in the apps/ communities that are on the network.  So that is the main utility.

The governance/ staking APY is a unique additional benefit for these users who chose to participate in governance/ staking

Andrés m. | satoshi club:

What is the amount of tokens needed to participate?

Adi sideman (propsproject):

Ha!  We have not set a minimum, but it would be very low – so everyone can easily participate

Andrés m. | satoshi club:

Thanks for the clarification👏 Ready for the next question?😁

Adi sideman (propsproject):

Absolutely.

Gold rocket | satoshi club:

It is very good that you thought about different layers of participants 👍

Andrés m. | satoshi club:

Q3 from telegram user @andrey_seleznov

I see that props are a sec-approved token, this is big! How difficult was the process of getting the sec approval and was it worth it from experience? If you were to start again would you apply to sec again or maybe consider skipping the USA market as many crypto projects do?

Adi sideman (propsproject):

Thank you Andrey.

We are us centric org and us is our home market and a very big one at that.  So we wanted to be able to leverage our intimate knowledge and network here to get adoption.  As such, the sec qualification was important.  Mainstream companies with millions of users are risk-averse.  The sec seal of approval is very important to them and moves the conversation to their product and community people, rather than the lawyers.

Adi sideman (propsproject):

So, it’s been an important blessing. It was a long process (over a year), but well worth it.  Thx for asking.

Andrés m. | satoshi club:

That is an important milestone, how do you deal with the crypto restrictions from us?

Adi sideman (propsproject):

The token can be legally bought, sold, transferred and earned by users in USA and all over the world.

That is the benefit of the qualification we received.  And we are proud to be, along with blockstack, the only 2 us companies to get it

Gold rocket | satoshi club:

This is a really big win! 🚀 Your lawyers have done a very good job 👍

Adi sideman (propsproject):

Thx!  To be clear – while users in the us can buy sell and transfer – we currently list on international exchanges outside us, as us exchanges get additional licenses to be compatible with sec regulations.

Andrés m. | satoshi club:

You are doing s a great job to increase the adoption👏

Adi sideman (propsproject):

Thank you!  Btw – these are our investors:

Gold rocket | satoshi club:

This is an awesome list! Ready for the next question?

Adi sideman (propsproject):

Yes pls.

Andrés m. | satoshi club:

Q4 from telegram user @jensq

Props is an open-source project so if they wish i assume you will accept outside developers to intergrate your token with their app if you are accepting such proposals what are the requirements,that you are looking from the proposer in order for forming a partnership with them and bringing the app to mainstream and finally be used by end-users and how many apps are you thinking to bring to the ecosystem is there a limit to the number of apps that the project decides to run in the ecosystem.

Adi sideman (propsproject):

Good questions jenseq.  Anyone can develop on props, without permission.  However, app developers who wish to participate in protocol rewards, to help bootstrap their deployment – apply and today, the props foundation reviewes their application (based on community size and proposed use case).  There is no limit to the number of apps that can join.  And to scale this – in the future, one of the governance functions of the community would be to ver proposals and approve new apps for participation. I hope this answers your question, jenseq.

Andrés m. | satoshi club:

But do you have any other app in plans? I mean, to add to your ecosystem.

Adi sideman (propsproject):

Yes – 5 have launched, each with millions of hundreds of thousands of mau.  We announced a few more who are integrating.  And we will be announcing another app joining, this week! This is what is pubic today

+ another this week

Andrés m. | satoshi club:

Any easter egg about that one?😁

Adi sideman (propsproject):

I can say that they are an NFT focused business and that we are very excited to see not just mainstream communities choosing to deploy props as their community token, but also blockchain-focused innovators.

Gold rocket | satoshi club:

I understand why they do it😉

Andrés m. | satoshi club:

Thanks for the info, we will be expecting for coming news🥳 Would you like to add something before the next question?

Adi sideman (propsproject):

Im ready for the next one!

Andrés m. | satoshi club:

Q5 from telegram user @meml97

As we know props project works as a work/discount token that unlocks benefits in the apps that use it. But what we often see when we talk about props project is that is destined more towards the social media apps and streaming apps. So, my question is, to which kind of businesses is Props project design for? Will only this kind of app be able to use it or could any business model be able to have props project by their sides?

Adi sideman (propsproject):

The vision of props is to enable value sharing to anyone who contributes value to the network.  This value adds by users is most pronounced in two-sided markets, where the users are both the buyers and sellers, the creators and supporting fans, the teachers and students, etc.  And the platform simply facilitates the market.  In that environment, sharing a token with users who constitute the network and imbue it with value – to garner loyalty and alignment – its proven to be effective

Users who receive both benefits and a financial stake in the network for their contributions are more likely to continue to contribute and contribute more and drive more value. So, the communities that participate are using props to enhance their key traditional KPIs – like revenue and engagement. So, for us – we focus on platforms with a marketplace – as low-hanging fruit.  I hope this answers your question.

Andrés m. | satoshi club:

What about the fees? Are they needed to use the apps?

Adi sideman (propsproject):

The target is mainstream users, who are not crypto savvy.  So the apps handle custody for the users who don’t have to create. Wallet or jump into any blockchain hoops until they wish to claim and take custody.  This is one of our philosophies – to make it simple for end users to engage and educate them through the product itself in a gamified fashion.

Here are some of the interfaces (SaaS like, admin and user-facing) that are available for apps/ communities off the shelf:

Gold rocket | satoshi club:

This is mass adoption in action👍

Andrés m. | satoshi club:

Incredible adi, great work focusing on the communities, that’s what makes strong a project

Adi sideman (propsproject):

Thank you!

Andrés m. | satoshi club:

Btw, what is the main objective in your roadmap for this 2021?

Adi sideman (propsproject):

We are working on staking and governance, enhancing the SaaS like tools that are available for apps to integrate and also looking at community NFTs as an enhancement to the offering.

https://blog.propsproject.com/a-year-in-review-and-2021-roadmap-4e4e36f1e519

Andrés m. | satoshi club:

Thanks for sharing, are you ready for the last question of this first part of the ama? 🥳

Adi sideman (propsproject):

Yes.

Andrés m. | satoshi club:

Q6 from telegram user @highpee

$props is an erc20 token but the props protocol’s smart contract that is utilized for allocating points and reward from app activities is developed on Algorand network. I don’t seem to understand the need and how you combined these two separate networks in props project implementation. What are the roles played by Algorand and Ethereum network in Props project and how does this mutually benefit apps and users? And as an erc20 token, don’t you think that the high gas on Ethereum chain may offer a setback to $props, or do you plan to implement layer 2 and side-chain innovative solutions to tackle this?

Adi sideman (propsproject):

Great question – Ahmed.  Algorand serves as our side chain.  We have over 100,000 transactions a day and Algorand has minimal transaction fees and can support a huge TPS.  So, apps issue users Props IOUs on Algorand.  When users wish to claim, they claim into an erc-20 wallet – so the token and the smart contracts are compatible out in the world.  That’s the high-level distinction. With regards to gas fees and layer 2s.

Yes – we are introducing a layer 2 in this quarter (first associated with our staking DAAp) – exactly to address the gas fees issue you mention. Thank you for the great community questions!

Pls join our telegram for more discussion: https://t.me/propsproject

And I just reactivated my twitter after a long time – so pls follow me to keep in touch: https://twitter.com/didisimon

Andrés m. | satoshi club:

Thanks for your amazing answers😁, now is time to go with the live segment of the ama

Adi sideman (propsproject):

Shoot!

Gold rocket | satoshi club:

Done👍

Andrés m. | satoshi club:

Satoshi club, let’s follow our guest 💪

Gold rocket | satoshi club:

3,2,1

Andrés m. | satoshi club:

We will open the chat and you should pick 15 questions and answer them

PART 2.Questions about the Props project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Props crypto project choose the top 10 questions. The 15 crypto enthusiasts have earned cryptocurrency in the sum of 150$.

Q – 1 from a telegram user @K2ice

We all believe and hope that 2021 will be an important year for crypto. What do you envision once the staking features are out and how will you encourage token holders to participate more in the ecosystem?

Adi Sideman (PropsProject):

The staking is geared to appeal to both savvy and mainstream users. App users who want to support their apps and get a lef up within their communities by voting for the apps they love. So besides the fact that Staking for governance is an important step towards decentralization – and besides the fact that it enables token holders who are not app users to participate: it also introduces some of Blockchain’s main concepts: financial governance to mainstream app users – and we are psyched about that.

Q – 2 from a telegram user @highpee

You are launching Props 2.0 this Q2 which will take off with a testnet program. What innovative features will you be introducing? When is the incentivized staking testnet for the Props 2.0 event expected to start and who can join? 

Adi Sideman (PropsProject):

The incentivized test net will start this quarter, yes. Anyone can join and get test props. to participate.

Q – 3 from a telegram user @topind7

What can you say about your newest recent with Roomi and what you hope to achieve together and how you will both be of benefit to each other?

Adi Sideman (PropsProject):

Roomi is a roomate marketplace for owners who are letting rooms, and people who are looking for a place to live. So it falls squarein the marketplace category. The KPIs we look for are users HODLing props to unlock benefits in the app and we believe roomi will be a strong addition to the ecosystem and introduce strong utility demand value.

Q – 4 from a telegram user @Derazy

Smooth and easy-to-use apps always win the attention of the users when opening or surfing apps. What about Props Project apps? is there an incredible IT team backing the apps to prevent any issues regarding the smoothness of the apps?

Adi Sideman (PropsProject):

you can see some videos here to experience the smootness: https://www.youtube.com/watch?v=qkGaSUFxhXM

Q – 5 from a telegram user @Ratash99

What kind of engagements the users can have and what kind of financial benefects they will gain from it?

Adi Sideman (PropsProject):

Each app decides its own utility for the token. The interests are aligned and the app can run its own show. So the utility apps tend to provide are: Discounts, Bonus rev share, unlock gifts/content/features, higher daily streak stipend and status.

Q – 6 from a telegram user @cryptoneco

Applications such as PROPS must constantly increase the number of users. What are the solutions you have developed to continuously and steadily expand the PROPS user base?

Adi Sideman (PropsProject):

We focus on adoption by mainstream apps that already have a large user base – and drive adoption through them. That is the main tactic that allows us leverage and has been driving growth. That is also a very big market to benefit from: as over the next few years, mainstream apps will be looking for off-the-shelf solutions, rather than write their own solidity code and hire blockchain engineers. that is part of the exciting opportunity.

Q – 7 from a telegram user @neverencryp

Thinking of it, your project is not globally adopted because even in my region some of the apps that adopt props is not available for download, i will like to know your plans for global adoption and how are your plans going on for partnering with global social media platforms?

Adi Sideman (PropsProject):

Our center of Gravity is in the US. So it’s natural that we will start here. that said, the apps we partner with have a global audience and crypto is global. As such, we hired a team in China last year and this year, made our first hire in Korea. So its in our future to get more apps (not just users) from across the globe.

Q – 8 from a telegram user @victorogb

How do PROPS measure the level of success from its services on apps that have been able to fully integrate your features?

Adi Sideman (PropsProject):

Great question: by the net demand value an app provides. ar etheir users valuing the utility the app provides (and HODL and buy) or do the users no value it and sell. (and the app incentives are aligned as they mine tokens based on these KPIs. We plan to expose a lot more data upon staking governance – so those token holders can help funnel any token rewards to the most value-producing and promising apps.

Q – 9 from a telegram user @atillayeni

You said Props is a community loyalty token. What users have done to earn PROPS token?

Adi Sideman (PropsProject):

THis is up to the apps that have complete autonomy (as the incentives are alligned with the protocol) – so an app usually rewards for actions that are most valuable to the app: Like content creation, transaction generation (listing items for sale) Buying product in the app, inviting a friend etc.

Q -10 from a telegram user @Srk_Jacob

Can you list some of the killer features of your project that might scare the rivals? What is your platform’s most unique and innovative competitive advantage?

Adi Sideman (PropsProject):

A lot of people talk about aoption. Our approch in bringing the value of Blockchain to the masses, is to
a. make it smple for apps to adopt – by providing a SaaS like framework that obfiscate the Blocchain and does not require a deep integration and Blockchain engineers (simple REST APIs etc.)
b. Providing the apps off the shelf hamofied interfaces for their users again easy to integrate and good UX for users.
c. Custody handled for users (advanced users can take custody) – so its buttery experience.
A dogged focus on bringing the power of blockchain and crypto in a simple way to mainstream is one of our main secret sauces.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Props project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 1200$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Props

Telegram group  | YouTube |  Tweeter  |  Website  |  Medium  

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 Crypto Puzzles and our guest was @captainharsh and @vstas – cofounders of Crypto Puzzles. The AMA took place on 22 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 Crypto Puzzles! Welcome to Satoshi Club😀

D. | Satoshi Club:
Today our guests – @captainharsh and @vstas ! 👏

Hello guys!

Stas Varetsky:
Hey there. Nice to be here.

The Captain | [No DMs]:
Hey all, excited to be here! very active community 💥

Mary | Satoshi Club:
Welcome here 😀

D. | Satoshi Club:
Good to have you here guys! welcome to our club! 😊

Mary | Satoshi Club:
Guys, you have an unordinary project and we are excited to hear more about it!

And first, let’s start with your intro 😀

The Captain | [No DMs]:
Excited to share more with you guys.

Mary | Satoshi Club:
Could you please introduce yourself and tell us more about Crypto Puzzles 😀

The Captain | [No DMs]:
We thought about building something simple and unique and true to crypto

Sure, @VStas and i are cofounders of crypto puzzles, a simple dapp where users solve digital jigsaw puzzles and unlock private keys with preloaded wallets that include crypto and NFTs.

D. | Satoshi Club:
Are you both puzzles lovers? or how did you come up with idea about crypto puzzles project? 😊

The Captain | [No DMs]:
what we are doing is a double IDO and we will have two tokens, 1 on eth, 1 on bsc. and please note that these tokens are not bridged and will have independent prices

Who doesn’t like puzzles? I’ve been a big fan of puzzles as a kid and I continue to solve puzzles (sorry I’m a nerd hehe)

D. | Satoshi Club:
Yeah, we will talk about this today, a bit later 😉

The Captain | [No DMs]:
we came up with the idea while brainstorming one day while drinking

Mary | Satoshi Club:
How long did it take to create your project 😀 from idea to now

D. | Satoshi Club:
I wouldn’t say i don’t like them, but i suck at puzzles 😁

Mary | Satoshi Club:
I see your social media are young

The Captain | [No DMs]:
We have been working on it since start of the year.

Mary | Satoshi Club:
I will send you some, 500-1000 pieces😂

The Captain | [No DMs]:
Yes, we have just got activated this week as we have been working on developing the product.

Mary | Satoshi Club:
Do you have a big team?

The Captain | [No DMs]:
Define big haha

We have a strong team.

Please do!

Mary | Satoshi Club:
Is there any info about your team members or you prefer to stay anonymous?

The Captain | [No DMs]:
On that note, all our puzzles will be 8 X 8, so 64 pieces.

It’s not that we prefer to stay anonymous, but we don’t think sharing information on the team is important.

After all this is satoshi’s club, right? haha

Mary | Satoshi Club:
😀

That’s interesting, so, if i will buy puzzle I will get all 64 pieces which i will need to sole, right?

The Captain | [No DMs]:
Yes

We are gamifying the product for phase 2, where we will run competitions to see who can solve the puzzles in the least number of steps and win.

Mary | Satoshi Club:
Got it👍 i want more details, but i am afraid we can answer questions from our community before they are asked😂

So! Thank you for your intro!

The Captain | [No DMs]:
Sure.

Mary | Satoshi Club:
Do you want to add something or we can go to the questions from our community?

D. | Satoshi Club:
It happens often 👀😄

The Captain | [No DMs]:
Let’s go to the community.

D. | Satoshi Club:
Let’s goooo!

Thank you for the intro!

Q1 from Telegram user @h1drX
It is not very usual to see this type of project, which is adapted to entertainment and dynamics that keep the user interested. I would like to know how the idea of solving puzzles and earning cryptocurrencies and NFTs by doing so was born. Also, I would like to know your purpose with the Crypto Puzzles project, what problem in the ecosystem does Crypto Puzzles intend to solve?

The Captain | [No DMs]:
Btw, if you guys haven’t seen our website yet, please do – www.cryptopuzzles.io

Ill start answering this backwards. there is no problem that we aim to solve, but to bring entertainment to crypto. after all, what is life without fun?

Mary | Satoshi Club:
Satoshiclubbers, visit, please 😀

Nothing, we should have fun😉

The Captain | [No DMs]:
the purpose of the product is to entertain the crypto community and engage them. after all, the art of mining is solving mathematical puzzles and earning/winning crypto if you know what i mean… for eg mining BTC and ETH

@VStas boss are you gonna chime in?

D. | Satoshi Club:
So your project is a pure entertainment product and people should not take it seriously?

Mary | Satoshi Club:
Do you plan to add more features or games in the future?😀

The Captain | [No DMs]:
I thought entertainment is a serious business.

Stas Varetsky:
I see you’re having fun here. Don’t want to still the show)

Mary | Satoshi Club:
More people, more show😀

The Captain | [No DMs]:
Yes, we do, we are going to collaborate with artists in the future where artists sell their artwork as puzzles rather than NFTs, and the buyer will need to solve the puzzle in order to unlock that NFT. we already have partners like mintable to do this.

D. | Satoshi Club:
Nice idea!

Mary | Satoshi Club:
It’s something special! 😀

I like this!

The Captain | [No DMs]:
told you! entertainment is serious business.

Mary | Satoshi Club:
Sure! Thank you for your answers! Ready to go to the next question?😀

The Captain | [No DMs]:
Yep!

Q2 from Telegram user @NataliyaKil
Why did you choose the DuckSTARTER platform for the Public Sale? Why is it good for Crypto Puzzles, what opportunities does it provide and how can such cooperation affect the development of Crypto Puzzles in the future?

D. | Satoshi Club:
So what is DuckSTARTER first of all? not everyone knows what is this.

Stas Varetsky:
We are in great relationships with the Ducks. They loved the idea, so it was an easy choice

The Captain | [No DMs]:
Duckstarter because we love duckdao and the team! it’s a good opportunity because they have a huge and active community. the founders are also great guys who have known for a long time.

Its a launchpad.

Mary | Satoshi Club:
Did you know them personally? Before Crypto Puzzles?

The Captain | [No DMs]:
Yes.

D. | Satoshi Club:
What will be the next steps of your project after public sale?

Mary | Satoshi Club:
It’s even better 😉

The Captain | [No DMs]:
We aim to launch the MVP on the day of the IDO. @VStas can elaborate here.

As soon as the IDO is complete, users can start purchasing and solving the puzzles and winning crypto.

I would like to highlight, that EVERYBODY WINS.

You either win, OR YOU WIN BIIIIIIIIIG

Stas Varetsky:
Yep, that’s is exactly what we are planning.

Mary | Satoshi Club:
Really? I wanted to say that my son is a big fan of puzzles 😂 and like to win)

The Captain | [No DMs]:
I expect you to buy a lot of puzzles then haha

D. | Satoshi Club:
😁😁😁

Mary | Satoshi Club:
Ohhhh, yes, i can😂

Btw, what is the date of Public Sale?

The Captain | [No DMs]:
26 April.

https://twitter.com/Cryptopuzzles_/status/1384440019981590529?s=20

Mary | Satoshi Club:
Haha, we are close👍

The Captain | [No DMs]:
https://twitter.com/Cryptopuzzles_/status/1384440146435661824?s=20

D. | Satoshi Club:
👍

Mary | Satoshi Club:
Good luck, guys! It’s important day in the life of every project!

Ready to go to the next question?😀

D. | Satoshi Club:
It looks hard to solve 😄

The Captain | [No DMs]:
Yeah.

Q3 from Telegram user @Pratze
I just confuse with your token system which is split 2 token into $CPTE under ETH chain and the other is $CPTB under BSC chain and have totally independent prize for each token, what is your expectation by create 2 token with different chain? How if there is a big gap in price between $CPTE and $CPTB, what will you do?

Stas Varetsky:
Get bets on what will outperform)

We thought it will be a great experiment to do it this way.

The Captain | [No DMs]:
This is a very good question. we expect the price to be different, think of the projects as totally independent of each other but is accessed from the same website. in the future, we expect to launch more tokens on different chains, all of which independent prices of each other.

D. | Satoshi Club:
Both of your tokens will have the same total supply?

The Captain | [No DMs]:
Please note, the tokens are not bridged.

All the tokenomics are exactly the same for both chains.

D. | Satoshi Club:
So it will be impossible to send tokens from eth to bsc? and backwards?

Mary | Satoshi Club:
Don’t you plan to add more chains?

The Captain | [No DMs]:
There is no need, there are tokens on both chains.

D. | Satoshi Club:
Gotcha.

Stas Varetsky:
Yep, we are thinking about this.

The Captain | [No DMs]:
Yes, we do, please let us know your favorite chains are. for eg: Polkadot or cosmos.

Mary | Satoshi Club:
Polkadot 😀

D. | Satoshi Club:
Cosmos.

Stas Varetsky:
Ahaha

Mary | Satoshi Club:
But Cosmos is also cool 😂

The Captain | [No DMs]:
Oh, f**k it we’ll do both.

Mary | Satoshi Club:
Because he is an atom holder😂

D. | Satoshi Club:
Actually, i very like cosmos blockchain 😄

The Captain | [No DMs]:
On a side note, completely irrelevant, we have two motorbikes, one is called atom, and one is called dot.

We will share photos on Monday, after the IDO.

Mary | Satoshi Club:
Ahaha, you’re right 😂

D. | Satoshi Club:
Thank you guys for the answers! i think we are ready for the next question? 👀

The Captain | [No DMs]:
Yes sir 👍🏾

Q4 from Telegram user @Indomiekuy
I read on your telegram that you choose to not create whitepaper because of the simplicity of your product, but dont you think people will hesitate to invest because of this ‘simplicity’ and feel your project not serious? How about new development, do your project will be always ‘simple’ like this and no other new feature or product?

The Captain | [No DMs]:
Firstly, our private sale sold out in about 5 hours, and we are oversubscribed by about 20X… simple is good, not everything has to be complex.

In terms of new development, here’s our 1 pager

Stas Varetsky:
There are so many whitepapers on different projects, that we thought that people are getting tired of those)
Regarding investments, it’s a very tiny raise. And yeah oversubscribed by a lot on day one.
Of course we are planning to develop new things.

The Captain | [No DMs]:
At the bottom, you will find the timeline.

Mary | Satoshi Club:
Oh, i see you will have airdrop😀

Stas Varetsky:
But we think that our community should take part in the development of new features. As it’s all about keeping them entertained.

Mary | Satoshi Club:
Sure, community plays a big role in project success 😀

The Captain | [No DMs]:
👀

Mary | Satoshi Club:
We love airdrops 😂

D. | Satoshi Club:
I want to ask, all your puzzles will have the same level of difficulty? or you will create a variety of puzzles with different levels for beginners and pros?

Stas Varetsky:
At launch, they will be all the same.

Stas Varetsky:
8×8

Mary | Satoshi Club:
Everyone should win😂

Stas Varetsky:
But on stage 2, along with challenges, we will most likely add levels.

D. | Satoshi Club:
Very nice! 👌

Mary | Satoshi Club:
We will train to prepare!

Thank you for your answers! Ready to proceed?

Stas Varetsky:
Always.

The Captain | [No DMs]:
Yep!

Q5 from Telegram user @Antoni_azx
It’s interesting you create keys once a puzzle is completed, what happens if I lose my key? Is there any way to recovery or do I have to complete another puzzle from zero?

Stas Varetsky:
1 puzzle = 1 key

Mary | Satoshi Club:
So, no chances to recover?

Stas Varetsky:
The puzzle will still be there.

If a user has access to his account.

All should be fine.

The Captain | [No DMs]:
Its your responsibility to keep your keys safe.

Stas Varetsky:
He will just need to solve the same puzzle again.

D. | Satoshi Club:
What if user will lost the puzzle? 😄

Is it possible?

Stas Varetsky:
No.

Mary | Satoshi Club:
Yes, I know, but with newcomers, it doesn’t work sometimes 🤷

D. | Satoshi Club:
Yes.

Stas Varetsky:
User is responsible to have access to his wallet.

The Captain | [No DMs]:
they will learn the hard way, like everyone

Mary | Satoshi Club:
Our expensive lessons😀

Stas Varetsky:
It’s all about security.

D. | Satoshi Club:
Yeah, this is often is only way 😇

Mary | Satoshi Club:
And just one 6th question left from this part😉

Ready?🔥🔥🔥

The Captain | [No DMs]:
Yep!

Q6 from Telegram user @mctrho
According to your roadmap, in Q3 2021, you will give influencers and companies the opportunity to create their own Puzzle and Loot Boxes. Can you give us more details on this topic? Do you have concrete plans with influencers and companies to carry this out? What is your vision and perspective of this plan? What do you intend to achieve with this?

The Captain | [No DMs]:
@VStas take this one

Sorry before we open up to the community, can we share some details about our token sale?

Mary | Satoshi Club:
Sure!

Stas Varetsky:
You know that influencers are the best drivers of adoption.
And who wouldn’t like to receive a puzzle with for example Beeple’s artworks?

The Captain | [No DMs]:
we want to highlight that the whole raise for both tokens is 300k each. so please note that this is a micro cap company and the liquidity will be locked on both chains.

Mary | Satoshi Club:
Do you know Beeple?😀 In this case your sale will be 10000% oversubscribed 😂

The Captain | [No DMs]:
150k private and 150k public.

Stas Varetsky:
Not promising anything here)

The Captain | [No DMs]:
5000 days, 69m Beeple 🙃

Mary | Satoshi Club:
We will follow your updates 😉

So, what do you think – what are our chances to buy some tokens😉

The Captain | [No DMs]:
100% when it gets listed on exchanges – coming soon Uniswap and Pancakeswap.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee
You like using this line: YOU EITHER WIN, OR YOU WIN BIG. So are you saying it is not possible to lose? What if it takes long to rearrange the puzzle? What if I am unable to solve the puzzle, will there be a refund? Is there a possibility of losing the reward in the private keys if the challenge is delayed before completion?

The Captain | [No DMs]:
If you look at our website, you will the detailed prize breakdown. but when we say win, users will recover at least 10% of the cost of the puzzle. there is always a reward waiting there for you. there is no time limit to solve the puzzle, however, if you are unable to solve the puzzle, there are no refunds. the wallets are already preloaded with a prize which can be unlocked when the puzzle is solved.

Q2 from Telegram user @NataliyaKil
You consider your project simple and don’t release a white paper. What about an audit? After all, audit is the security of user data and their assets!

The Captain | [No DMs]:
That is a very important question, audits are important, and it’s something we look for when we are investing in products, BUT, in our case, we don’t think an audit is important because our token only has one utility, which is to act as a payment method. the only thing that is important is that the hard cap is encoded into the smart contract which we will demonstrate to the community when the smart contract is launched and tokens are minted. but outside of that, we think an audit will be a waste of capital and resources.

Q3 from Telegram user @KhaleesiTheCryptoLady
Can you share to us Crypto Puzzles tokenomics? How much is the total and circulation supply of your tokens? Will there be a buyback system or token burning in the future?

The Captain | [No DMs]:
Please refer to our 1 pager that was posted earlier.

Q4 from Telegram user @Mamitabella
When you launch gone on the exchange DEX how many X you expect a x 100 x20 what chances are there of a x 500 Sir tell me ?

The Captain | [No DMs]:
We don’t like to speculate. markets will be markets. but hope to the moon ser!

Q5 from Telegram user @Tony253210
Crypto puzzle is one of those projects that allows have fun at the same time that your are making profits, I really like it, but how many puzzle can I solve in one day? much as I can pay?

Stas Varetsky:
Yep, the amount of puzzles you can solve is limited by the amount you have purchased.

Also, a side note. we have an amazing referral program, where you get 10% from every sale made from your ref link!!!

Q6 from Telegram user @Xusuo
Crypto Puzzle has 2 native token $CPTE & $CPTB.could you please explain the detail what are the use of those token except to buy your product ‘jigsaw puzzle’? Is there any other use for example like stake, farm, or for governance system?

The Captain | [No DMs]:
As highlighted earlier, the token is used as a payment token to purchase puzzles and at a later stage artists and influencers will need to stake their tokens to mint puzzles that they can sell to their communities. effectively these tokens will act to moderate their behavior and reputation in case they create inappropriate content, we can slash and burn their tokens.

Q7 from Telegram user @lukacy
On the website, i saw range of prizes for different number of winners. Apart from solving puzzles, is there any other features on crypto puzzle like making the puzzle more difficult, challenges between players and others?

Stas Varetsky:
On day one there will be only puzzles of the same difficulty. We are planning to add challenges and ranking in future updates.

Q8 from Telegram user @K2ice
Who will be in charge of creating puzzles for your platform?

The Captain | [No DMs]:
We don’t create the puzzles, it fully automated that is done on the backend on the respective chains and we use chainlink randomizer to keep it decentralized.

Q9 from Telegram user @cryptofollower
First of all congratulations for this unique idea of gamification this system, it is really genius. Stepping aside from its puzzle characteristic, I see a lottery where people buy a puzzle for CPT tokens, extract the private key and win CPT tokens. May I learn what is the price of CPT tokens for each puzzle? Also another important thing is knowing that only one person will get the big reward of 400,000 CPT, which token reward will pay off for itself?

Stas Varetsky:
Every puzzle will cost 1000 tokens
Actually, on day one there will be 5 big rewards in circulation. and every 10K sold cycle we will add a new big prize to the system.

Q10 from Telegram user @Antoni_azx
I could see there’s no refunds when an user can’t complete a puzzle, do you give a time lapse to complete it or does it have an expiration date? What do you do with these funds that are not refunded?

Stas Varetsky:
We do not have any time-lapse to complete the puzzle, so there is no expiration day. And we do not have access to sold puzzles(private keys)
this means those tokens will just be locked on wallets.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Crypto Puzzles. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:
Crypto Puzzles Telegram community:   https://t.me/cryptopuzzlle
Twitter:   https://twitter.com/Cryptopuzzles_

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

We are pleased to announce our next AMA on April 24th 2021 at 03:00 PM UTC Time: Satoshi Club x Dino Exchange

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dino Exchange 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. Dino Exchange Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Dino Exchange

For more details:
Dino Exchange Website – dino.exchange
Dino Exchange Telegram – @dinoexchange
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on April 23rd 2021 at 03:00 PM UTC Time: Satoshi Club x Chinchilla

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Chinchilla 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. Chinchilla Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Chinchilla

For more details:
Chinchilla Website – chinchill.io
Chinchilla Telegram – @chinchillatoken
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We were delighted to welcome our guest from My DeFi Pet. The AMA took place on April 21st, 2021 and our guests were @TomiDpet and @SaneDr.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Thang Huynh: Hello everyone, I’m Thang Huynh KardiaChain Chief Scientist

Tommy | My DeFi PET: Im Tommy , Coo from Topebox

Thang Huynh: @TomiDpet would you like to start first, please?

Tommy | My DeFi PET: Im have more than ten years in game moble development. I very interested in blockchain . My Defi Pet is the first project game for NFT

Thang Huynh: I recently moved back to Viet Nam from the US to join KardiaChain. I got my PhD in Mathematics at New York University, so I’m quite a mathematician by training 🙂

Tommy | My DeFi PET: My team is very excited with My Defi Pet , which many cute Pets . I hope get more feedback form Satoshi Club about this game , and we will do it better

Thang Huynh: Kardiachain’s CEO, Tri Pham, and CTO, Huy Nguyen are my highschool classmates. My DeFi Pet is the first project that Kardiachain has incubated. We’re very excited for it. Since the successfull launch of KardiaChain mainnet in late 2020, we constantly focus on building a solid and valuable ecosystem. Gaming is among our top priority for blockchain adoption. We work closedly with TopeBox on the concept, the core game loop, and the character design. We also help them with tokenomic design TopeBox is exceptional in game development, and we are very proud to supporting them with the smart contract layer and also infrastructure layer. Launching on both Binance Smart Chain and KardiaChain is challenging yet rewarding, since we are able to bring this exciting game to a broader audience. As you know, KardiaChain’s vision is blockchain mass adoption. So we usually think of what sector we should put our affords on. We came up with gaming because of the young audience. While working with TopeBox, their passion about blockchain technology make us to think why not work hard with these smart guys

Q1 from Telegram user @johana0012

My DeFi Pet brings the traditional gaming experience and DeFi features to NFT collectibles.  The developer version is available privately and the Alpha version opens during April with basic features like collecting, breeding, and trading.  When is the DeFiPet release date set and on what platforms will it be available?  What is the chain implemented to achieve greater user traffic?  Will My DeFi Pet have governance?  What benefits do you expect to acquire from KickPad?

Tommy | My DeFi PET: 14 May will be official launch, include APK download and web version PC and Mobile.

Thang Huynh: “What benefits do you expect to acquire from KickPad?” I can answer this question as I’m in charge of crypto part of My DeFi Pet project. KickPad is KardiaChain partner. We’ve been working with them for a while and really love the team. KickPad uses Binance Smart Chain, and in the future possibly leverages KardiaChain’s dual node technology. Launching on KickPad, My DeFi Pet can gain exposure to BSC audience.

D. Папа Роуч: so game will be support kardiachain and bsc, as you mentioned, but will player be able to send transactions easily between these two blockchains or they will need to cross some kind of bridge to interact with one or another blockchain?

Thang Huynh: It’s also easier for us to get funding. yes, that’s our dual node 🙂

D. Папа Роуч: nice! 👍

Thang Huynh: KardiaChain’s Q2 main goal is launching our dual node. BSC and Ethereum are the first two that we will do

D. Папа Роуч: we actually have question about dual nodes in the first part, so please don’t tell us too much now 😄😉

Thang Huynh: In the future, people can trade their DPET tokens and NFT from KAI to BSC and vice versa easily

D. Папа Роуч: this is awesome 👏

Thang Huynh: Will My DeFi Pet have governance? I can also answer this question too. Yes, My DeFi Pet will have governace. Users can vote for new features and settings of the game to earn special rewards. They can also lock DPET tokens for a certain time to gain voting power. Aka, more DPET locked, more voting power ==> more chances to win rewards. we also other options: Staking (hence DeFi in My DeFi Pet name) and Play to Earn. As for staking, users can stake DPET tokens into pools. Different pools will yield different returns such as new items, new eggs, or DPET tokens. If one doesn’t like staking, then Simply playing can also get her/him

DPET tokens via mission and social mining.

D. Папа Роуч: thank you for answers! ready for the next question?

Thang Huynh: sure, my pleasure

Q2 from Telegram user @ninoska0012

Currently MyDeFiPet is in collaboration with KickPad in this new frontier of games and blockchain technology. Topebox has been founded by industry veterans and focused its efforts on mobile gaming at its core, achieving mass market and social appeal through gaming. KickPad is known for its dedication and success in the crypto space. What benefits are expected to be obtained through this association? What extra features will MyDeFiPet get with KickPad? What are the actions that users can take and what reaction will each one bring? How to know if the service offered in the games is transparent?

Thang Huynh: “How to know if the service offered in the games is transparent?”I think Transparency is one of the main reasons we moved from centralized world to decentralized world, don’t we? If My DeFi Pet is a centralized game, then Topebox may create some hot characters that they can keep or manipulate. But when using blockchain technology, it would be easier for users to check it. And I think bringing transparency to non-crypto users is what we tried to convince Topebox team. To know whether a feature/character is transparent or not, you can check transaction on BSC scan and Kardiachain explorer. We hope that DPET token holders can also stake their tokens to earn DPET tokens and other kind of NFTs.

D. Папа Роуч: this is cool opportunity 👍 thank you for the answers!

Q3 from Telegram user @meml97

My DeFi Pet is described as “ A virtual pet game that combines DeFi, collectibles and your own personality”. But, something that isn’t very clear to me yet is the “our own personality” part, can you give us more information about this? How will we be able to add our own touch to the game? Will there be customizable features within the game like being able to decorate our pets living spaces? Or maybe be able to banally change their skin colors?

Tommy | My DeFi PET: Customization is great, but not necesary because there are many pets with many skin and color created by smart contract. We just do the part of collecting.

But yes, you’re also right. Customisation would be a great fit to gamers who want to go over the top and get more involved to the game.

In later phrases of the game, we will integrate APIs from 3rd party apps such as health tracking or entertainment app, says Music or Video streaming. Based on your daily activities and usage of those apps (privacy protected), the game will bonus players unique points/tokens. These unique bonuses enhanced particular traits of your pets making it more and more personalised.

For example, if you do run a lot then your per stamina traits are increased. Or if listening to different music genre, give your pets different bonus wearables.

Tommy | My DeFi PET: I think that’s great for this question 😄 We’re eager to answer the next ones!

Q4 from Telegram user @V1ct0r_26

On Pet/Monsters games that are most of the time for mobile devices, the playability of such games are very limited because they always try to push users to purchase boosting objects or energy to keep going. Will this be the same case on My DeFi Pet? Or will user be able to have a full game experience and purchase things if that’s what they want to do?

Tommy | My DeFi PET: The good news is there is no Energy control, users can play as much as they want and purchase what they like. The target is to collect and breed more and more Pets. Then they are able to trade, sell, or exchange the prize. You can get rewards in DPET tokens for doing daily tasks, so actually it’s free to play and play to earn.

D. Папа Роуч: awesome! My DeFi Pet is not pay to win, it’s play to earn! 👌

Thang Huynh: When will be the first event? @TomiDpet

Tommy | My DeFi PET: On launch 😄 And you all may know the date. 14 May as I mentioned earlier. I’m ready for the next question.

Thang Huynh: Ah I see. To be clear, May 14 is the game launch date. My DeFit Pet IDO is next week, not May 14

D. Папа Роуч: super important date as well ! 💪

Q5 from Telegram user @mctrho

I was reading about the project on your Medium and I could see that Topebox will use KardiaChain’s unique dual node technology to incentivize the “play and win” principle. Can you tell us a bit about the dual node? How does it work? What is the basic function of dual nodes? Is it solely developed by KardiaChain? Is it totally safe and reliable?

Thang Huynh: ah, that’s my turn

At KardiaChain, we invented Dual-Node, a non-invasive cross-chain technology. Dual-node allows DApps to perform different actions on different blockchain networks simultaneously. We call this ability to trigger actions on one chain from another chain – true interoperability.Dual-nodes have access to the ledger date of KardiaChain and nother blockchain (e.g., BSC, Ethereum, etc.) By running a dual layer consensus, they can carry any data between blockchains while preserving the on-chain cryptographic proof. Being said that, I would say it is safe and reliable due to its fully decentralization nature and secured by KardiaChain own consensus layer

D. Папа Роуч: can you will easily interact with any existing blockchain?

Thang Huynh: We wish. But the answer is no. KardiaChain has to decide which blockchain to integrate. Ethereum and BSC are our first choices. Our next choices will be based on our community votes 🙂. Possibly Polkadot I guess

D. Папа Роуч: very nice! Eth and BSC are two the most popular blockchains now, so it’s – must – to integrate them 👌

Thang Huynh: yup, definitely

D. Папа Роуч: true, not really comfortable

Thang Huynh: It’s also complicated with NFTs built on ETH, and you want move this to BSC. it would be a nightmare with current Eth fees 😄. with our dual node technology, you can buy 1 BNB using ETH more conveniently. think of it this way

ETH <-> KAI, and KAI <-> BSC, where <-> is dual node

then you can buy BNB using ETH by the way that goes from ETH <-> KAI <-> BSC

In term of My DeFi Pet, as I said from the beginning, people and move their NFTs from KAI to BSC and vice versa easily or they can trade DPET tokens with either KAI or BNB

D. Папа Роуч: this is kinda cool, so it’s not pegged assets, you use Eth to swap to real BNB?

Thang Huynh: despite KAI is not on BSC. it’s not pegged assets.

D. Папа Роуч: wow, this is awesome👍 i should definitely try this

Thang Huynh: KAIDex is working on it. The idea is quite similar to Thorchain, but we use our dual-node technology. I would say

D. Папа Роуч: big thank you for answer and info!

Q6 from Telegram user @Andrey_Seleznov

How will the battles work is PvP 1 on 1 or multiple users at once? How many pets can each side use, do you have a limit on the combined stats value or something similar to make sure combatants are more or less equal in strength?

Tommy | My DeFi PET: We will introduce battle mode, the players can setup their own team with 5 pets. They will join the battle and fight each others, the winner will take the reward.

D. Папа Роуч: your battle system similar to any other battle system from some popular games or you created your own one? special for your game

Tommy | My DeFi PET: This is similar a tournament . The result is belong to stats of these pets .

Part 2 — live questions from the Telegram community

Q1 from Telegram User @Korryl

So your pet is a NFT right? Do you have your own marketplace to do buy and sell the NFT? Will you sell pack for pet ?

Tommy | My DeFi PET: Sure, we develop NFT Pet and sell it on NFT market place. For selling pack or pet, it really depens on the platform’s ability or our purposes. Flexible.

Q2 from Telegram User @JuanSB07

Your Telegram channel is @ mydefipet or @ mydefipetachat?

Tommy | My DeFi PET: Official channel is @mydefipet (global community) and @mydefipet_news as Telegram announcement channel

Q3 from Telegram User @ronaldo_super

How can I create a new monster on the game?

Tommy | My DeFi PET: You can breed, buy and trade the monsters to create yours.

Q4 from Telegram User @cryptonation2

What are your strategic partnership ? What are the name of ventures capital firms invested and what benefits can be received ?

Thang Huynh: My DeFi Pet is very excited to attract a list of reputable venture capital firms which are at their strongest in NFT (Animoca Brands), DeFi (Spark Digital), product development and strategies (Axia 8 and Bixin Ventures), blockchain well-established (DFG) and blockchain community resources (M6). My Defi Pet is proud to be born from KardiaChain and fully incubated by Kardia Ventures.

Q5 from Telegram User @csgonub

You have great game characters. Who is creating them?

Tommy | My DeFi PET: Our product design team of course. Mostly female team members. Surprised :D?

Q6 from Telegram User @testercoin

Is this a pc game or is it a mobile game? Can I play My DeFi Pet on my mobile phone?

Tommy | My DeFi PET: Yes, for Android we will have APK, or you can use web mobile for iOS.

Q7 from Telegram User @mobilejii

✅✅What are the security measure adopted by My Defi Pet project? Are there any audits been done of smart contract?

Thang Huynh: Yes, our smart contract is audited. We will announce it very soon 🙂

Q8 from Telegram User @centoscu

Did you create any games before my defi pet NFT game project?

Tommy | My DeFi PET: We launch a list of games and obtain more than 100M+ installs from these previous games. You can search “Sky Dancer”, “Pocket Army”, “Sky Garden”, “Politaire” to name but a few on Google Play/ AppStore and check it yourselves 😊

Q9 from Telegram User @Xusuo

I see that My DeFi Pet work under 2 blockchain Binance Smart Chain and KardiaChain, could you explain why using 2 chain for a NFT game? Especially KardiaChain, why using KardiaChain?

Tommy | My DeFi PET: KardiaChain is top 1 in my country. So yes, when thinking of blockchain, our team seek for them.

They built the very own infrastructure which is cheap fee, and full functions. Esp. their Dual Node, we consider it an “invention”

Q10 from Telegram User @cryptonation2

How much fund was raised in private round of investment? What are the plans for public sale?

Thang Huynh: we raised nearly $900k. As of public sale, we will raise $125k

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of My DeFi Pet. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

My DeFi Pet Website – kardiachain.io
My DeFi Pet Telegram – @mydefipet

We were delighted to welcome our guest from Showcase. The AMA took place on April 16th, 2021 and our guest was @Koven_Leader.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Koven Leader: I’m happy to! My name is Koven. I have been working in PR and communications for some years now. I was a minor investor in crypto and was asked to join a project almost a year ago and began getting more involved on the development and marketing side. Using my years of experience in PR I was able to help with the branding, organization and marketing of a few projects.

Gold Rocket | Satoshi Club: Crypto marketing is very important👍

Koven Leader: Thank you! Our team is comprised of a front end and back end developer, a business manager and several creatives in the crypto space who together make up our marketing team. Together they hail almost 15 years of experience in the crypto world and even more in regular business Management.

Koven Leader: Let’s see these questions from the community.

Q1 from Telegram User

@Korryl

I see that BSCstarter already become top launchpad for BSC project. My question is how many total project that already registered and using BSCstarter, Can you describe which project are that? And what are the requirement if a BSC project want to join and use launchpad from BSCstarter?

Koven Leader: So I think it’s best to answer this question from the last one to the first.

Koven Leader:

1) you can easily join by following this guide: https://link.medium.com/V4LH3BpHDfb

We actually made that to help everyone with any knowledge of crypto (whether a lot or a little bit) so it should cover all the basics.

2) To describe the projects on our platform, would take us quite awhile but I can highlight some of the great ones. One of our biggest so far: WSB – a community-owned and operated decentralized version of r/wallstreetbets. WSB DAO was created to openly encourage the free flow of public information and opinion into actionable results.

Gold Rocket | Satoshi Club: And what are the requirement if a BSC project want to join and use launchpad from BSCstarter?

Koven Leader: GoSwapp – The ultimate terminal that arms you with the necessary tools for Dex trading and connects you to your favorite Defi protocols. Lastly we’ve had over 40 projects use our site to create a pool

Koven Leader:

That would be all for the question 😉

Q2 from Telegram User @cryptofollower

There are some projects on BSC for hosting launchpads for new projects. But this must not be the only job and responsibility for a project that hosts launchpads. What do you think about this? I think you must guide both the investors and the developers for this. I know you are not mainly responsible for projects, but do you feel responsibility about the projects you are hosting and do you have any mechanisms for guiding the developers and investors?

Koven Leader: This is a great question! While we want to make sure that we bring quality to our platform and that all users enjoy the experience we do aim to keep things truly decentralized. In that aspect, we do not have too many mechanisms for our IDOs that get listed to vet them. We provide guidelines to for listing on our platform so it isn’t every single person. We actually only go through vetting with projects that are looking for marketing or we may endorse. In this way, we allow the community to vote on and allow projects to list completely without us. And we can focus on shedding light on projects that are going the extra mile. We still let the community make the final decision.

Gold Rocket | Satoshi Club: By the way, we have a good question about this. But I want to make sure you finish the explanation.😊

Koven Leader: We have 3rd party services. We’ve partnered with the Rug Detectives to provide audits with the enrollment of our platform. It’s taking those kind of steps (including adding coverage options through bridge mutual) that we take to ensure our community is getting projects that are safe and have growth opportunities. These strategic partnerships allow for us to create aspects that can help make these projects a safer investment.

Q3 from Telegram User @Yusbealco

By giving them the freedom for the START token Hodler community to draw their own conclusions and make their own decisions about the project that will be confirmed or not by BSCSTARTER, leaving aside the bureaucracy and KYC laws. Does this way of working allow you to make good decisions? Do you think that the community is fully capable of making these decisions, and not doing it like other bsc projects that do it manually and use KYC? What would be the advantages?

Koven Leader: The main advantage in this is the decentralization. We like to think of our community as the approval system but we ultimately still make decisions on what’s best for the platform. This way, we ensure our platform isn’t subject to negative impacts from other teams.

Gold Rocket | Satoshi Club: It’s a wise decision👍

Koven Leader: Thank you! There will always be new ways to scam the system but I do believe we have thought of almost everything. Beyond just taking steps to help prevent this we also have taken steps to allow us room to work through the issues that may arise. Yupp! Once Bridge Mutual launches their coverage program, BSCstarter will be one of the first launch pads providing an opportunity for coverage AT launch instead of after.

Gold Rocket | Satoshi Club: great job👍

Koven Leader: Yupp

Q4 from Telegram User @yellowchamp

As an IDO platform, how will you consider a project to launch IDO in BSC Starter? What are the requirements and qualifications?As an investor,how can we trust and assure that every project launch in your platform is highly recommended and will not be a rug pull as time goes by? Can anyone participate with the IDO or there is a whitelisting process also to be taken? Thank you

Koven Leader: https://docs.bscstarter.finance

I think our docs is the best add for this question. It provides a very good breakdown of how to get on the platform for both investors and developers. I think as an investor it would benefit all users to read what the developers have to do in order to list. This gives a bit more clarity to what they are initially bringing to BSCstarter

Gold Rocket | Satoshi Club: Yes… Koven! I really like you have a trump card up your sleeve for every tricky question. 😁

Koven Leader: I believe in the motto “Stay ready, never got to get ready” 😉

Gold Rocket | Satoshi Club: wonderful motto! I have a great next question 😁

Koven Leader: Let’s get to it ✊🏽

Q5 from Telegram User @Andrey_Seleznov

Stats section shows that users need to hold at least 500 START for Guaranteed Allocation, with the price over $26 this is a very hefty sum of $13000. How many users hold such bags? Do you plan to lower the barrier to allow more people to enjoy the higher tier benefits?

Koven Leader: The latest time I checked it was almost 200+ users who hold that kind of bag. It’s not unachievable but it definitely does set a high bar. This was our intent when creating our tiers. It’s nice to be a part of an exclusive level. We don’t have any plans at the moment to lower it

Gold Rocket | Satoshi Club: Thanks for your answers! Btw, I would like to clarify more about the pools. I noticed that there are two types: finished and canceled. what’s the difference between them?

Koven Leader: Finished pools are the ones that have completed their voting and presale periods and are now currently live (or awaiting listing) on pancakeswap. Canceled pools were either canceled by the team themselves or it never passed the voting period.

Gold Rocket | Satoshi Club: perfect answer 😁 Are you ready for the final question of this part?😁

Q6 from Telegram User @Highpee

Towards the ends of March you released an update to BSCstarter and launched BSCstarter V2. Out of the new 4 major areas of modifications, the Guaranteed Allocations is what am concerned about because it will allow Gold, Platinum and Diamond users to be the first to buy tokens in the first 2 hours of any IDO sale before the remnant of sales are opened up for other investors to join. With this set up, do you think there will be token remaining for others to buy considering how financially strong these set of Users are? Why did you abolish the FCFS model which would have given everyone a fair opportunity? How do you ensure fairness and inclusive consideration for all financial category of investors that you have?

Koven Leader: Yupp. We actually didn’t abolish the FCFS model. We only implemented the guaranteed allocation as it had already been something in the works and the community was extremely interested in it. With adding this feature we do allow our teams to select whether they would like to dedicate a few minutes or more to the guaranteed allocation. Regardless of how much time they provide, with the Max BNB caps, there is still a lot of allocation left after. If I remember correctly, less than 1 minute. It’s because of these instant presales, as we call them, we added guaranteed allocation. So essentially, with you paying for the exclusivity of guaranteed allocation you don’t have to compete against everyone for a chance to participate in a presale. It’s a more comfortable option in comparison to FCFS, but we haven’t let go of that model.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @Sumione

Do you have whitepaper released ??where can I find your project latest news and updates?

Koven Leader: https://bscstarter.finance/#/litepaper

Q2 from Telegram User @Johana0012

Currently developers looking to launch a new project face the daunting tasks of building a fair pre-sale offering, attracting investors who support their vision, and then providing liquidity for their token.  Investors acting alone must sort through a crowded project landscape and create their own metrics to assess presales.  What benefits does BSCstater provide for the solution to this problem?  Can developers submit their IDOs to the BSCstarter community for reviews?  What profile must they meet to be able to fit in?

Koven Leader: With our platform it’s pretty much an easy $START for any developer. Once they have the idea and  the team to help develop, they can use our platform to crowdfund the money they need. Along with this, there are different programs and support that is provided when they reach out to us. They also have access to speak with our community and gain support from them.

Q3 from Telegram User @cryptofollower

Let’s assume that there is a great project and wants to launch with you guy but it got rejected by the community votes. And let’s say it is rejected with 50.1% Also knowing that it is a great project what would you do?

Koven Leader: There is nothing we can do. Our community speaks towards what they would like to see listed and be interested in investing in. You have to be a member on the platform to both vote and engage in the presale. So while it may in fact be a great project, if 50.1% of the votes are no then it’s likely they won’t see much support during the presale either.

In that sense, there isn’t anything we could or would do to change those results.

Q4 from Telegram User @Indomiekuy

Do you have any plan to create other feature beside launchpad? Maybe yield farm, stake, or NFT project? Can you explain more detail?

Koven Leader: We actually have plans to release START Farming 🤩

Q5 from Telegram User @mobilejii

✅✅ Where can I find the information regarding audit report? What is the name of firms which have you choosen for audit and suggested for kyc?

Koven Leader: This information is provided by the IDO teams upon launch. We don’t actually collect and publish audits for them. We work with the Rug Detectives on these aspects.

Q6 from Telegram User @ultimate373

How can I Apply for a sale on BSC starter, any step by step details or guide?

Koven Leader:

I believe we covered this earlier but I’d also like to share this. We like to use graphics when we can. This gives a pretty good breakdown and is pretty much the same step for any IDO

Q7 from Telegram User @Cyba_cy

Many projects have launched NFTs to attract investors, what is your view on NFT?

Koven Leader: We love ourselves a good NFT. We have been making some plans around this but we can’t say too much

Q8 from Telegram User @smelekin

If an Ethereum project wants you to make their IDO launch, can you do it?

Koven Leader: Not yet, but this could be something we look into in the future.

Q9 from Telegram User @yeowlin

So far are there any rugpull projects out of the 40+ launched?

Koven Leader: Nope! We are proud to say, we have gone a month+ with 0 rug pulls on our platform

Q10 from Telegram User  @Smartling

How can I be a part of the BscStarter team?

Koven Leader: Had to save the best question for last lol.

We actually will be opening our doors for employees and independent contractors in the coming weeks. As we continue to grow we build upon our platform and features. This not only creates earning opportunities for investors and developers but employment opportunities for those interested in getting into the crypto career fields.

We’ll be rolling this out soon enough 😉

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of BSCstarter. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

BSCstarter Website – bscstarter.finance
BSCstarter Telegram – @bscstarter