We are pleased to announce our next AMA on May 23rd 2021 at 11:00 AM UTC Time: Satoshi Club x LaunchX
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join LaunchX Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. LaunchX Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about LaunchX
For more details:
LaunchX Website – launchx.finance
LaunchX Telegram – @weLaunchX
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is your strongest advantage that you think will make your team leading the market. In the coming months and days?
Marketing strategy is very important for every projects. A products be established on the market without marketing & promotion, whatever it is good. So what are your plans for this? How will you build strong relationships with communities?
The gas fee on Ethereum blockchain is crazy high. Why did you decided to build your project on ETH? Any plan to incorporate with other Blockchainchain such as BSC?
The fundamental core of LaunchX’s multi-layered governance model is that token holders have the opportunity to
shape the future of LaunchX and support the projects that they want to appear in LaunchX Launchpad, this means that every participant has the power to give a turn or direction to the project, speaking of benefits for himself by giving that support? This happens when a user You decide to invest in a project on LaunchX, in what way does a participant make their time taken into account towards the project?
I could see a little about LaunchX and its performance with respect to new projects, I think it is something very good and exciting that they give such support in these projects, I know they have a great team that is in charge of analyzing and evaluating each of These projects offer a transparent and fair list for innovative projects with solid perspectives and solid teams.This is very good, all of these go through a voting process for the form of governance they carry out, you who consider as a solid project worthy of be integrated to LaunchX? with what types of projects would you like to work for the improvement and well-being of LauchX?
We know that LaunchX has evaluated the global developments of digital currency and strives to take advantage of a significant gap in the market, LaunchX has an environment of decentralized excellence through democracy and good practices, which allows LaunchX
stand above the crowd.
LaunchX facilitates participation in multi-chain capacity technologies that
It will allow participation between different blockchain networks to benefit external ones
projects and participants in multiple ways, how do LaunchX participants benefit as they provide time and Dedication to the project?
LaunchX! An all-in-one cryptocurrency service that focuses on token issuance, interoperability and synthetic cross-chain staking, and a governance model that enables a transparent and fair listing process. Can you tell us about each of these characteristics? and how is LaunchX managed?
$ LNCHX is now trading on KuCoin, PancakeSwap, DEXTools. LaunchX Do you plan to include your $ LNCHX Token on other platforms besides those mentioned above?
Launchx, as described in its medium, plans to launch the following projects: JustLaunchX, LaunchX +, LaunchX Studios. Can you briefly tell us about each of them?
LaunchX which mechanism has implemented to raise money to multiple companies, it is known that they do it in a decentralized way, but where is the funding obtained from these projects/companies that resort to LaunchX?
LaunchX aims to be community driven through a first-of-his-kind DAO protocol, I could see you are proposing a method which works as follows: Apply – Check – Propose – Launch, the only thing I saw out of the ordinary is that you guys do a warm temperature check, I’m curious, what does this step mean exactly?
About your governance DAO protocol, you allow your governance holders to delegate their tokens for staking in exchange for a passive APY of the yield, can you explain this process clearly? Where can the users do this staking and how is this APY percentage they can earn in passive incomes?
Regarding the recent (BurningDrop) conducted between LaunchX and KuCoin, can you give details on this, how this works, how users can access this and benefit from it, will there be more (BurningDrop) with other platforms in the near future?
It is clear that LaunchX is like a great solid base for new projects planning to be launched in the industry, this is phenomenal, but how do they manage to reach an agreement with projects looking for launch, where do these projects apply to be taken into account by LaunchX, how are selected the projects that will have the launch services of LaunchX, in this intervenes the governance exercised by the community or not?
Launch X is said to have a unique governance model (DAO protocol) that has never been seen in the industry before.. what is so unique about your governance model, how does this unique governance model work, how do users participate in it, and what are the features of your DAO protocol..
Projects that make it to your Launchpad are said to be thoroughly assessed and analyzed by industry-leading financial, marketing and legal specialists, and this process strictly allows only the strongest and legitimate projects with the highest potential to feature… So how do you source for the specialists who analyse this projects and what are the specific features you look out for when analysing this projects..
I like the way they support new projects external to launchX, of course although they are a bit strict I could see that they have a team that is in charge of evaluating each of these projects that are included in the list in a fair and equitable way for the selection of each one, since security is something important at all times for LaunchX, of course everything is to obtain a benefit from both parties, until the moments with what type of projects would they want to work? and even What has been the best time for you in terms of its characteristics?
..Token holders who meet the participation requirements can select the participation opportunity
more suitable for their plans and become transaction validators, thus earning participation and rewards for their efforts the benefits of betting are multiple, with the LaunchX token, holders have the ability to benefit even more from their tokens that would otherwise be inactive?
One of the options LaunchX will make available to every project is the option to launch their projects whether it’s just a Crypto launch or a full suite service from ideation to launch.. so if users have ideas for their projects what kinds of support will they be able to get from LaunchX to enable them turn those ideas into real projects and how will they be able to use launchX to launch their ideas..
As we already know, LaunchX is a project originally from BSC and has been very well accepted by users, being anchored to BSC this has given a great boost to LaunchX bringing many benefits and advantages to itself up to now with how many participants Does your community count? How has your experience in it been, how have you managed to differentiate yourself and be above other projects?
Everyday new projects are doing IDO and some of them are unfortunately RUG PULL. How do LauchX team choose the projects for IDO? How does LaunchX team evaluate a project and accept?
Considering that you’re that they’ll others Projects to have its First Launch on crypto, can you tell us why do you require a token? What is the roles that the $LNCHX has on launch X?
LaunchX claims to be a Multi-chain launchpad that support Multiple chains, but I just saw Ethereum and BSC, so can you tell which other chains so you support apart of them?
❤️ Currently there exist so much scammers, so can your tell us what is your filter to prevent that these scammers will not use your IDO platform to launch their tokens and affect your name?
Can you tell about the advantages of Multi-Chain system of LaunchX? Will other chains such as Polkadot, Polygon and Solana be available? If yes, how soon?
LaunchX has a partnership with KuCoin exchange, due its Burning drop service, but apart of that can you tell us what is the next big thing that this association has planned to do?
Do LaunchX also have an intention on becoming a part of the new NFT hype?
Launch X is a cross-chain, B2B ecosystem that gives startups the flexibility to raise capital in a decentralized manner across multiple blockchains, but how is the process of launching IDOs with small companies? Are there certain requirements for you to finance small businesses? How can you know that you are financing a reliable and safe project? What aspects of the company do you look to ensure that it is trustworthy?
Let’s talk about LaunchX’s competition, there are many projects similar to yours, but the most popular is DAO Maker, I would like to know what are the advantages that small companies have when resorting to LaunchX that they do not have in other IDO projects? What are the unique features of LaunchX? Why should projects choose you?
You offer projects belonging to the Ethereum, Binance Smart Chain and Polkadot blockchains the opportunity to raise capital, but I would like to know what methods you use to carry out the raising of money, what are your ways of generating wealth? Other projects like yours generate capital from investment interests, do you adopt this method at LaunchX?
I was reading your roadmap and in Q3 2021 it says “Added support for these chains (Polkadot and Solana)”, can you tell us a bit about this? What does this mean? What kind of support will be added? Also, it struck me that the roadmap is too short, why don’t you have more plans for this year? Do you have other plans that you haven’t announced?
It is very important to have partners that you can count on and join forces with, and according to your website you have a good number of advertised partners, do you plan to announce more strategic partnerships in the future? Also, what are your marketing strategies to attract more investors and more projects interested in LaunchX?
I was reading your Medium and you say that your goal is for LaunchX to be truly inclusive for people and that this shows in your one-of-a-kind governance system, can you tell us more about your governance system? Why is it one of a kind? What characteristics does it have for you to determine it in such a way?
May 17 was the first official $ LNCHX exchange and was initially issued via KuCoin’s BurningDrop. What are the benefits you hope to have from partnering with Kukoin. What contribution will this alliance bring to the holders of the $ LNCHX tokens?
What are the characteristics that a project must have to participate or be able to be launched by LaunchX?
Could you give us some details about the portal that will be launched soon regarding community governance? What rights will token holders be assigned for decision making within the project?
As a decentralized launchpad for projects, LaunchX is said to be community-driven, governance-based, and transparent, with the community at the helm of affairs as it concerns projects for consideration and possible launch on the platform. These privilege are available to community members as a result of the LaunchX DAO protocol. With the DAO protocol (described as a first of it’s kind), do all community members have a certain level of governance privileges or is there a specially selected governance team, and how will the DAO protocol effectively ensure that prospective projects are given the fairest community backed consideration?
Tell us a little about your expectations or goals that you have regarding your partnership with Samurai Launchpad
If your project is driven by the community, tell us specifically in which situations your community is immersed when making decisions regarding your project
Your token $ LNCHX is now live on KuCoin, PancakeSwap and DEXTools, are these the only way to buy it? Also, can you tell us the main benefits of being a $ LNCHX holder? Specially for IDO and exclusive investment project participation?
What I liked the most about LaunchX is that they are not restrictive regarding the chains compatibility, in fact, you plan to include Polkadot and Solana in the future, how do you plan to face this challenge of multi-chain compatibility? What’s your biggest ambition about it? Maybe even including Polygon?
Prior to it’s eventual Launch on Kucoin, LaunchX participated in Kucoin’s Pool-x burning drop programme where users were able to mine $LNCHX by staking USDT/KCS/ETH on the Pool-x platform. This event was a huge success, which further paved the way for a successful launch of $LNCHX on Kucoin and Pancakeswap. Therefore, how will LaunchX look to effectively promote and positively engage meaning conversations, interactions and trade around the LaunchX project, and what other innovative ideas and TGEs would LaunchX possibly consider as a viable marketing and adoption tool for the $LNCHX token?
LaunchX is community-driven and transparent, based on a governance that you describe as “a first of its kind DAO protocol”. Most decentralized crypto projects integrate a governance, so can you tell us why is it the LaunchX Governance a first of its kind? Can you explain how is it involved in the process of launching a project?
As you mention on your Medium, one of your milestones is to reach 1 billion TVL via your staking vault program. So can you tell us how will you accomplish that goal? What are your strategies or plans to make sure that you do it? And do you have an estimate of when it will be reached?
About the community governance of LaunchX, Community members holding $LNCHX tokens can actively vote for those projects that apply. And If the vote gets passed by the majority, an official proposal is submitted. Can you please tell us are there any benefits, reward or incentive if you propasal passed?
Since your project is community concerning, would i be able to donate to become part of your success? what are the various projects you implement such as referral system? or Ambassador program?
Staking is of one the best features of every project in crypto ecosystem. Can you tell us what is the unique staking process or method of LaunchX? Are there minimum amount of $LNCHX need to stake?
It seems that you have a strong partnership with KuCoin after the successful BurningDrop launch. Can you tell us about your experience with the KuCoin team and how has LaunchX benefitted from this partnership? And after the BurningDrop, what is the next step? Can we expect more news about LaunchX and KuCoin working together again?
I read about the Project Launches and you mention three terms: Just LaunchX, LaunchX+ and LaunchX Studios. Can you tell us what are those three elements and the functions of each one? Do they work together or are they completely independent?
There is a coordinated FUD lead by former admin of LaunchX main chat (Paul), the FUD is consist on this project build by team of serial scammer that has rugged so many project before and the VC backing is fake, Will you try to explain this clearly to the community?
In the bad market like recently and many fuds going on! I would like to ask on behalf of all the holders in such a bear market what plans do you have to sustain and how can you build trust and retain the holders?
LaunchX is a true community focused launchpad. The majority of fees generated via project launches will be deposited into our specialized staking vaults and leveraged into passive APY strategies. Can you explain how does specialized staking vaults works? What makes it unique and special? Can you share to us some of the strategies that your LaunchX is offering to community,traders and investors to get a passive APY throughout the year? Thank you
Talking about fair launch like you stated on your Twitter bio, do you implement anti-whale system since whales are one of the major problems in blockchains as they massively affect a token’s value. Do you set a limitation into how many a user can only hold in maximum for every projects launched in LaunchX? How protected are the projects launched here?
Markets fluctuate wildly. So why invest in your platform? Do you have any marketing strategies or interesting earning proposals in place to incentivize the token holding?
Since start up projects are not easy to launch, but as LaunchX as a helping hand, projects wouldn’t struggle more. What is the minimum requirements to apply for LaunchX? How will you promote you launchpad to the blooming projects each day? How can LaunchX manifest its great contribution to the project?
Many start up projects struggle because most of the crypto users inly focus to big tokens. What forms of help can you offer to help boost user interaction of a project admitted at LaunchX? How will be the process of launching at LaunchX?
It would be possible to have a little preview on your structured Project Launches: JustLaunchX, LaunchX +, LaunchX Studios?
I saw exciting news about the new structure on medium. Could you please tell us more about the planned JustLaunchX,
LaunchX+ and LaunchX Studios? What are the different niches they will cater to? What effect will this structure have on your token holders, should they be ready to for any surprises?
how will LaunchX be community driven? Will the voting process for new launches be fair for everyone, or will those who own more $ LNCHX have more decision-making power?
LaunchX is an exciting crosschain launchpad with already active integrations with Binance Smart Chain and Ethereum and planned soon Huobi and Solana with later Polkadot. What are the main difficulties you encounter when expanding to different chains? Do you plan to have an equal representation of projects across the chains or will the majority be from the bigger chains like ETH and BSC simply due to the number of projects on these chains?
Can you tell us more about the Burning Drop event of LaunchX that was held in Kucoin? Can you tell us its output and positive impacts nor feedbacks that brings to your platform? What is the main purpose of this Burning Drop event? Do you plan to hold another Burning Airdrop in the future? Thank you
On your website it shows Ehereum and Binance Smart Chain tabs right now. As your goal is to launch decentralized projects that gives startups the flexibility to raise capital across multiple blockchains, do you plan to add more blockchains into the Launchx Finance? Which one do you think first?
LaunchX is developing the staking vaults where fees from project launches will be deposited and Governance holders can then delegate their tokens for staking in exchange for a passive APY. What other functions do you plan for the vaults, will it be a requirement to stake in the vaults to get an allocation in the launching projects? Will vaults support liquidity locking for the launching projects to make sure it is not rug pulled after launch?
Quality projects and big launches are your goals. What are the criterias for applying for a project to launchpad with launchx? Do you accept each project or do you have any elimination criteria? What do you ask from the projects in order them to be listed on Launchx IDO?
On your medium platform, LaunchX plans to launch these three features very soon
*JustLaunchX
*LaunchX+
*LaunchX Studios
What are these features going to contribute to this project? Can we assume that this is a process users are going to follow or Can you give more details on how we can benefit from these three features?
The LaunchX team recently announced a strategic partnership with Samurai Launchpad, powered by CyberFi. When I read about samurai launchpad, I could noticed you have alot of things in common. Can we assume that the two projects are under the control of the same team or you have to enlighten us more? What is the contribution of this partnership to your great project?
I could see that swaping $BUSD for $LNCHX is very secure since we have to complete the KYC process. Maximum 5k $LNCHX will be allocated to each user, i have bought alot of token like this but did not later have good value still now, what is the probability that very soon this token will increase value. What is your preparation to compete with other tokens in the future?
The LaunchX token was initially issued via KuCoin Burning Drop, and they were the first exchange to officially list $ LAUNCH, on May 17. Is the team at LaunchX becoming a KuCoin partner again? As part of this alliance, what kind of support will KuCoin provide to the LaunchX project itself and to the holders of $ LAUNCH?
You said Users are able to mine $LNCHX by staking USDT/KCS/ETH on Pool-X’s platform. Since all pool are already filled by now, for the sake of users who did not participate and are really interested in this project, what are the other opportunities to get $LNCHX. Do you have plan to create more incentive programs?
It’s pretty silly question for AMA,but Why you capped your public token sale to only 4%?
I saw in website that you have preety good partners in your side but what is the reason for launching multi-chain IDOs in your platform in Q4 ?
You can explain your global expansion plan:Is the only market you’re concentrating on all the time? Do you focus on building or developing and acquiring customers and users, or partnership?