We are pleased to announce our next AMA on May 14th 2021 at 03:00 PM UTC Time: Satoshi Club x Samecoin
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Samecoin Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Samecoin Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Samecoin
For more details:
Samecoin Website – samecoin.com
Samecoin Telegram – @Samecoin
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Samecoin Ecosystem has several stable coins like sameusd and sameeuro. Is Samecoin itself a stablecoin? Is it pegged to any currency or other asset? Do you plan to add more stable coins based on other world currencies to facilitate project adoption across the globe?
Please tell us how the Same stable coins are better and less volatile than other existing stablecoins like USDC, USDT etc? What makes your approach preferable to the end user who is new to the crypto landscape?
I am interested to learn more about samecoin use cases. Samecoin can be used to reduce transaction fees, could you please clarify how this system functions, how exactly does samecoin help reduce the fees? I see cashback mentioned in your article that can be obtained by staking samecoin. How will users be able to get it, will cashback be generated for each transaction in your ecosystem or only for some specific goods?
You have a payment system called SamePay. Although, We have numerous crypto payment gateway, only a few merchants are accepting crypto payment as a mainstream payment medium due to the volatility and complexities of a basic crypto asset. What innovation have you design to ensure SamePay becomes an enviable payment gateway that can drive the lead in crypto payment acceptance and adoption? How is samecoin stablecoin technology adopted in this payment system to provide a smooth and simplified payment process from the payer to the payee? Which payment assets will be supported by SamePay and what type of business can use it?
One of the benefits of same coin protocol is that users can get reward benefit when minting or staking Samecoin on the Samecoin Defi Protocol. If a user want to get started, how can he mint Samecoin stablecoin? How easy can this be and what will be the procedure to follow? Also, in what way do SameCoin staking work? What platform is used for staking and how do you provide additional reward?
One of the way to earn additional SameUsd is through your referral program. I read that when a user refer a friend to the Samecoin platform, both the inviter and invitee are awarded additional and equal amount of SameUSD. How many invitee can a user refer and how much can a user make through this process? How will you identify each user’s referral and how long does it take before referral benefits are distributed to both the inviter and invitee?
SAMECOIN intends to provide the best of both Crypto and fiat world in a decentralized way by pegging to a basket of stable coins through a stable mechanism, to offer it’s users Samecoin-stablecoin that is less volatile than fiat-based stablecoins such as Tether. To what assets will Samecoin’s stable coin be pegged to, what are the criterias for deciding this assets, how does SAMECOIN achieve a less volatile stablecoin than other fiat pegged stablecoins, and what other uniques features does you stablecoins posses..
Samecoin will be providing it’s users more cashback, reduced fees, and also more say in the governance of the system… so what ways will users experience reduced fees and cashbacks in your Ecosystem, and how will user be able to participate in your governance system using SAMECOIN.
One of the use cases of SAMECOIN is that, it will be used to pay for transaction fees on SAMEPAY which is your upcoming digital payments app which according to your website, will revolutionize crypto payments.. so can you explain how SAMEPAY will work, what kinds of digital payments will it be used for and what features are you building in SAMEPAY that will help revolutionize crypto payments…
I see that you are launching an app, a mobile wallet to be exact. Can we have more information about this? What are its features compared to other digital wallet?
I read that you have Sameusd and Sameeuro which are stable and pegged to usd. Is samecoin also pegged to USD? What is its current price?
Let’s say I want to stake using the Samepay app that you will be releasing, how can I assure its safety? What security system is running to keep the app secured?
SameUSD is a key part of the Samecoin ecosystem, It aims to simplify iGaming transactions, offer huge benefits for both casino operators and casino players. How is Samecoin going to simplify iGaming transactions as it claims? What are the huge benefits it offers to both casino operators and players?
One of the post from Samecoin announcement channel mentioned that, The stability mechanism used for Samecoin’s stablecoins make them different from the rest of other stablecoins in the market. What is this stability mechanism and How is SameUSD different from other stablecoins in the market?
I believe SameUSD and the extended family of stablecoins will be the spendable currency. What is your vision for the future of Samecoin ecosystem and SameUSD in few years to come? Is it possible for SameUSD to achieved mainstream adoption and utilization, such that i can use it to make payment for goods and services in my neighborhood in the nearest future?
Many projects have wanted to expand the adoption of stablecoins in stores and in real life as alternative payment methods to Fiat but many times the benefits and usability are not as attractive, how will samecoin effectively and attractively introduce its stablecoins to trade worldwide?
The most interesting thing about Samecoin is its desire to provide an intuitive and accessible payment infrastructure, but really what are the possibilities of incorporating it into everyday life? Like paying with SameUSD or SameEURO through a debit or credit card on the store? Or paying with your currencies on digital stores?
It is known that currencies like the US Dollar are volatile assets and this might affect stablecoins tied to these assets. For example, the USDT token is always oscillating, not quite maintaining its value at $1. So I would like to know, how do the Samecoin stablecoins work to avoid this problem, since they are tied to volatile assets too? Is the SameUSD built to really maintain its value stable? What is the difference between your stablecoins and the ones that we already know, like USDT or DAI?
One of the products of Samecoin is the SamePay App. Many projects develop their own apps, so what does SamePay offer us that it’s not available in other payments apps? Do you have plans to integrate this app in a more day-to-day way for users, such as using it to pay at stores? And when will it be available to download?
Assume I’m new to crypto nd i meet a friend advertising samecoin token i ask “what is this you are promoting, how relevant is it/what are the advantages of me taking a look or how can it improve my life? What is e best answer or explanation to give as the friend
In a bid to ensure transparency and otherwise safety of investor funds, Samecoin looks to adopt an industry first consensus which is known as “Proof of Reserves”. Samecoin is at the forefront of championing this cause, with the hopes that it will become a standard industry practice for all projects. Therefore, what will be the standard approach to determining the Proof of Reserves of any project, what are some underlining challenges that might hinder a total adoption of this concensus within the crypto space, and being a stable coin, how will Samecoin successfully work out a model that can be applied to other projects of same genre in adopting the PoR approach?
Samecoin’s approach to maintaining a true value and limiting the frequent price volatility associated with stablecoins, is by backing the value of SameUSD to a reserve of other stablecoins pegged to the dollar, such as; USDT, USDC, PAX, BUSD, DAI etc. Why has Samecoin leveraged on the reserves of these stablecoins to sure up it volatility, wouldn’t it be more applicable and true if it’s value is pegged against commodities such as gold, diamond, etc., and will this same approach be applied to Samecoin’s ecosystem of multiple stablecoins (SameEUR & SameGBP) or is it limited to just SameUSD?
As we well know today, there is a great movement in the current market due to large platforms that are not widely used. What functions do you intend to implement to achieve the adoption required for the project to emerge as we expectedd?
Samecoin also has two stablecoins for usd pegged sameusd and euro pegged sameeuro. First of all do you plan to add another stablecoin like samegbp? Also you have a payment app for sending, receiving and exchanging the tokens. Do you have any off-chain system for users to send tokens within the SamePay app free? Or are there only on-chain transactions? If that’s the case what are the transaction fees and are there any discounts to token holders?
Typically, projects release their apps simultaneously on Google Play and the Apple App Store. SamePay will be available on the Google Play Store in 2021 and the Apple App Store in 2022. Why did you decide to separate these events, what is the reason? Can you tell us the release dates for SamePay in the Google Play Store and the Apple App Store?
Your currency SameUSD will be implemented to simplify iGaming transactions like an essential solution to the future of the industry, can you explain how? Why will it be so gamechanging for iGaming features?
Samecoin aims to be fully decentralized with an economy that can’t be controlled by the chosen few, can you tell us what parties are the most important on your ecosystem and how do you involve your community on the decision-making part?
Will your Team ever consider Multi-Chain, I understand now you’re on the Binance Smart Chain, Do you consider Ethereum bloods too if they are interested in your platform?
The reserve of the Samecoin stablecoins can be verified by anyone, making them a truly trustless, decentralised form of money. What are the ways that a Samecoin can be verified? If it can be verified by anyone,so is this coin is accessible to anyone? What are the uses and benefits of Samecoin as a decentralized form of money? Thank you
Centralized stablecoins tied to USD are prone to the threat of regulatory conformity and seizure. In contrast, SameUSD is designed to keep itself completely decentralized. So ,can you tell us how does your platform maintain the decentralization of SameUSD coins? As a decentralized stablecoin, what are the advantages and benefits of using SameUSD as payment? Thank you
With Samecoin’s revolutionary new stablecoin ecosystem, such as SameUSD, both businesses and customers can now enjoy the benefits of blockchain technology for payments and security while making use of a stablecoin that they can understand and in which they they can trust. Could you detail us what is the series of benefits that Samecoin presents? What is this cryptocurrency used for compared to other methods? How is it broken down? Why is samecoin supposed to be the perfect payment system for me?
While the Samecoin ecosystem has a family of coins like SameUSD and SameEURO that have been built with stability in mind for the online payments industry, can the Samecoin utility token also be used to pay transaction fees? ? Can Samecoin be earned as a reward for using the system or purchased through fundraising sales? What are the main uses of Samecoin? Detail how many tokens Samecoin has at its disposal?
Samecoin can be used as a viable alternative to pay trading fees on the SamePay platform at a substantial discount. Does it mean that if I use Samecoin, will I get discounts like when I use bnb? How much is the discount? Can all Samecoin holders enjoy this discount or is there a pre-selection? What are the benefits of using real Samecoin for transactions?
Samecoin brings us a dual system of cryptocurrencies to simplify payments and fees for online payments and more—aiming to revolutionize online payments. Samecoin ecosystem has been built with digital payments in mind, and offers a huge range of benefits that unite the best parts of both crypto and fiat. So, what does Samecoin’s dual system look like, what are its benefits for the user? What problems does it help to solve?
I read that Samecoin possible to make cryptocurrency able to have function same like using Fiat currency, can you explain how do you do it? Also any example about how to use cryptocurrencies same as fiat?
Samecoin is a stablecoins project built with digital payment mindset.i read that you have feature name with SamePay, can you explain what is the use of this feature SamePay and is it already launched?
Before Samecoin protocol launched, I read that you will be doing Private sale for the community. So can you tell us more about your private sale? When is it and what is the requirement to become whitelist if Samecoin private sale?