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 Hedgi and our guest was @Alvin_Oscar, @ICWXI, and @CryptoPunk8 – representatives of Hedgi. The AMA took place on 30th of May.
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 Hedgi!
Welcome to Satoshi Club😀
D. | Satoshi Club:
Today our guests – @Alvin_Oscar @ICWXI @CryptoPunk8 !
What’s up guys!
Alvin Heiko Hedgi
Team:
Thank you very much for having us.
Crypto Autist:
Hello 👋🏻
Crownox:
I’m good think the rest of the team is really excited 🙂
Mary | Satoshi Club:
Hello, guys! Happy to see you here 👍
D. | Satoshi Club:
Hello! welcome welcome! good to have you all here !
Mary | Satoshi Club:
Let’s start?🚀
Alvin Heiko Hedgi Team:
We ready.
Crownox:
yes please 🙂
D. | Satoshi Club:
Awesome! then let’s begin with intro!
Mary | Satoshi Club:
Could you please introduce yourself and tell us more about Hedgi?😃
Alvin Heiko Hedgi Team:
My name is Heiko and I am one of the Founders of the Hedgi project. I am out of the IT field with about 20 years of experience. And Community leader of Hedgi.
Mary | Satoshi Club:
How did you get involved in crypto?
D. | Satoshi Club:
20 year of experience that’s crazy 👍
Crypto Autist:
Hi, I’m T… been in crypto for a while and excited to be part of the founding
team for HEDGI… bringing Defi and NFTs to benefit animal rescues
Crownox:
I Joined the team early on and got to know the team pretty well
and I started to create some media content for them and later I got asked to
join the team,
now I’m doing most of the design work for them 🙂
D. | Satoshi Club:
Nice goals 😊
Mary | Satoshi Club:
That’s awesome how crypto connects people 👍
Alvin Heiko Hedgi Team:
I started my interest in crypto in 2018 and started full attention in December of last year.
Mary | Satoshi Club:
So, what is Hedgi?😃
Crownox:
Yes exactly.
D. | Satoshi Club:
Brilliant question! 👀😁
Mary | Satoshi Club:
Oh, it were good old times😉
Alvin Heiko Hedgi Team:
Hedgi is a project we started at a time where Rugs and Scams where frequent and we wanted to start something honest and also do some good in the world.
Mary | Satoshi Club:
Yes, we are also tired of scams and rugs🤦
Crownox:
Thats why I joined this team so early on! they showed their faces and are completely transparent about everything that they are doing.
D. | Satoshi Club:
Yep, especially bsc suffering from numerous scams and rugs.
Alvin Heiko Hedgi
Team:
We are going to be helping animal shelters and Rescues around the world, with a
charity wallet that we created of 4%.
Mary | Satoshi Club:
Very nice goals!
Guys, thank you for your intros!
We collected 6 questions for the first part of our AMA 😀
Ready to answer them?
Alvin Heiko Hedgi
Team:
Definitely 😊
Crownox:
Yes let’s go! 😁
D. | Satoshi Club:
🚀🚀🚀
Q1 from Telegram user @victorogb
A great project is built around a formidable, resourceful and open team working tirelessly with the support of the community to bring ideas and goals to fruition. Going through the website, I discovered that there isn’t page or link for a visitor to get acquainted with members of the HEDGI team. Therefore, are the HEDGI team anonymous, why is there no information on them, or at least the core managers? Even as the HEDGI team remains flexible and open, will the decentralized and community governed approach of the HEDGI project, play a critical role in determining who joins the HEDGI team?
Alvin Heiko Hedgi
Team:
We have introduced ourselves on our Telegram group with pinned posts. We are
working on a brand new website which will have this included. Should be out in
the next few days.
Mary | Satoshi Club:
How many team members do you have?
Btw, you can share your post with our group 😀
Crownox:
Can i share a little promo video here?
D. | Satoshi Club:
Yes, please!
Mary | Satoshi Club:
Sure👍
Alvin Heiko Hedgi
Team:
4 main team members and then also 13 Community Mods.
D. | Satoshi Club:
That’s a pretty big team already 😊
Crownox:
Mary | Satoshi Club:
Big team! How many developers?
Alvin Heiko Hedgi Team:
One Dev Alex and 2 hired programmers for creating decentralized applications.
D. | Satoshi Club:
Very nice video! so for now @Alvin_Oscar you are the only public figure in the team?
Alvin Heiko Hedgi Team:
No, we have our Dev also public and 2 of our Admins.
D. | Satoshi Club:
Gotcha! cool! 👍
Mary | Satoshi Club:
Thank you for your answers! Ready to proceed?
Alvin Heiko Hedgi Team:
Ready☺️
Q2 from Telegram user @Ruttiee
According to your white paper before the presale, 34.5% of the tokens will be sent to a burn wallet and taken out of circulation. and after the presale, 26.7% of the tokens has been sent to a burn wallet and taken out of circulation. Which means a total of 61.2% of $Hedgi token has been burnt and taken out of circulation. Why burn such a large amount of token? with this huge amount of token burn, does Hedgi team still have future plans to burn more of it’s token?
Crownox:
I think that was from the old whitepaper? Heiko?
Alvin Heiko Hedgi Team:
Only 26,7% of the tokens have been burned, the whitepaper should be updated already on the website. These statistics are still from our Unicrypt Presale that failed because of V2 problems.
All presale tokens were sold.
Mary | Satoshi Club:
So, you had two Presales?
D. | Satoshi Club:
This is means sale was successful 😄
Mary | Satoshi Club:
How much you collected?😀
Crownox:
A bigger success than we could’ve imagined, we sold out in 9 minutes, we lowered the hard cap to 100 BNB after the failed pre-sale.
Alvin Heiko Hedgi Team:
We had to relaunch our presale after the V2 Pancakeswap change within the presale period.
Mary | Satoshi Club:
Got it!
Alvin Heiko Hedgi Team:
100BNB HardCap reached.
Mary | Satoshi Club:
Ok, what about future plans? I mean is it possible that more tokens you will be
burned?
Super! Congratulations 🎉
D. | Satoshi Club:
Are there were some whales who buy a lot? 😉or you were put some restriction on how many tokens one wallet could buy?
Crownox:
No, we’re not planning on burning more for now.
Alvin Heiko Hedgi Team:
There were restrictions, but after presale, we had some bigger buy-ins, but no real whale problems, fortunately.
D. | Satoshi Club:
Good to hear 👍
Crownox:
To gain trust we’re not burning anymore because there are only the marketing, dev,charity wallet to burn.
Alvin Heiko Hedgi Team:
We have started looking into Partnerships with some rescues and Shelters, but we keep our community updated as we progress.
Mary | Satoshi Club:
Thank you for your answers, guys! Ready to jump to the next question?
Alvin Heiko Hedgi
Team:
👍
Q3 from Telegram user @Jonahapagu
In order to eliminate the problematic effects of Impermanent loss which is quite common among Defi projects, HEDGI alongside its Deflationary token features, is implementing an auto-liquidity feature, so how does your auto-liquidity work to eliminate Impermanent loss for liquidity providers, and how efficient will this auto-liquidity feature be in mitigating this common loss that liquidity providers experience.
Alvin Heiko Hedgi
Team:
It is a standard model of sending 5% of every transaction to all token holders
and 5% goes back into Liquidity, which keep rising the liquidity back into the
token.
Hope I understood the question correctly
D. | Satoshi Club:
Did you take that model from another project?
Mary | Satoshi Club:
Yes, i think it’s correct
Alvin Heiko Hedgi Team:
Yes.
Mary | Satoshi Club:
Which one?
D. | Satoshi Club:
We took the mode of Safemoon.
Bot deleted 🤣
Alvin Heiko Hedgi
Team:
😂👍
Mary | Satoshi Club:
Ahaha, angry bot
And how effectively everything works?
D. | Satoshi Club:
Yes, there were probably a lot of shillers of Safemoon, and now this word in the blacklist 😁
Crownox:
Makes sense haha.
Alvin Heiko Hedgi Team:
Sorry, not sure what you mean?
Mary | Satoshi Club:
Are you pleased with this auto-liquidity feature?
Alvin Heiko Hedgi Team:
Yes indeed, everything working as intended. Holders get rewarded for Holding on to their tokens.
Mary | Satoshi Club:
Super! Congrats!👏
Thank you for your answers! Ready to go to the next question?
Alvin Heiko Hedgi
Team:
☺️ready
Q4 from Telegram user @Scribble22
I’ve come across many projects who has claimed there will be no rug-pulls but turns out otherwise, my question is, can you give us some good reasons as to why we should believe in this project?
Alvin Heiko Hedgi
Team:
It is impossible to Rug, as dev team only has control of 10% of the tokens.
Mary | Satoshi Club:
Mint function?😀
D. | Satoshi Club:
😁😁
Alvin Heiko Hedgi
Team:
Liquidity is locked for 3 years by Dxsales with no minting function.
D. | Satoshi Club:
Yes, what about security aspect? did you conduct audit of contract?
Alvin Heiko Hedgi Team:
Audit was done by Solidity LLC.
Mary | Satoshi Club:
Can you share with us, please 😀
D. | Satoshi Club:
And also some of you are public, so it even less chances for rug, if team leaders not anons
Alvin Heiko Hedgi
Team:
We do have control of fees and rewards as this is required to be able to list.
Crownox:
https://solidity.finance/audits/Hedgehog/
Mary | Satoshi Club:
Thanks for sharing!
That’s true 😀
Crownox:
Note, this must also be updated to the new contract.
Mary | Satoshi Club:
Did you change the contract?
Alvin Heiko Hedgi Team:
With the Fail launch, we had to recreate the same contract with the V2 router working.
Mary | Satoshi Club:
Gotcha! We will wait for the updates 👍
Thank you for your answers! Ready to go to the next one?
Alvin Heiko Hedgi
Team:
We have been waiting a week on the Auditor already, so hope this gets sorted
soon.
Ready
Q5 from Telegram user @Dinc3
Lately charity projects are getting quite an attention. Will there also be some charity actions in Hedgi Finance? If yes, which type of charities do you think of adding to Hedgi Finance? How will be the charities chosen in Hedgi Finance?
Crypto Autist:
Yes HEDGI is a community run project…. our goal is to help animals rescues all
over the world, through decentralization not dependent on country borders
We are in the process of vetting organizations and then the community will vote on which to support for each donation
Mary | Satoshi Club:
How and where community will vote?
D. | Satoshi Club:
How the charity process working? donations occur automatically with every transaction?
Crownox:
Mostly telegram I think also we will mention the voting polls on other social media
Crypto Autist:
We have a charity wallet… the community will vote on distributions
Mary | Satoshi Club:
Did you already collected some funds to charity wallet?
Alvin Heiko Hedgi
Team:
It is a fixed Charity wallet of 4% not growing
Crypto Autist:
4% of token supply.
D. | Satoshi Club:
Understood 👏
Mary | Satoshi Club:
Thank you for your answers!
Ready for the next question?😉
Alvin Heiko Hedgi Team:
Sure.
Q6 from Telegram user @Asela1112
Hedgehog platform states in white paper that they will launch of releasing NFT’s to the community. Most of gamification platforms are also released NFT’s to grow up their platform. Have you an idea about launching games in Hedgehog platform. If yes what will be the games? Through what do you distribute these NFT’s among community? Such as airdrops, give aways etc.
Crownox:
We are actually planning to create a NFT cardgame with rescue animals, also the NFT’s are to be bought and 25% of that money goes to charity.
Mary | Satoshi Club:
Really? That’s nice! Btw, do you have roadmap?
D. | Satoshi Club:
This is great idea! when we will see your NFTs?
Crownox:
Yes we have on our website: https://hedgi.finance/
D. | Satoshi Club:
Stage 1 already done! nice work 😉👍
Alvin Heiko Hedgi Team:
Planning to start releasing within the next month.
Mary | Satoshi Club:
It will be in stage 4, right?
D. | Satoshi Club:
It’s around the corner 🥳
Crownox:
We hope to have finished the complete collection by then or at least be near the full release
Mary | Satoshi Club:
Also, the most exciting live part of our AMA is around the corner as well😉
Super, we will follow your updates!
Part 2 — live questions from the Telegram community
Q1 from Telegram user  @smelekin
If the HEDGI project is built on transparency could you please share the audit report of the $Hedgi with us?
Crypto Autist:
It’s on website.
Q2 from Telegram user  @Karoceh
You mentioned that Hedgi will be going to be helping animal shelters and Rescues around the world. Why do you prefer animal charity over other types of charity? Does the Hedgi team consist of animal enthusiasts?
Alvin Heiko Hedgi Team:
Most of our Founders are animal lovers and wanted to help animals that are not able to help themselves, but need us humans to look after them.
Q3 from Telegram user  @Rod092317
How do you convince the investors to invest in you project? How can they share in the benefits your project may incur in the future.
Crownox:
I think that investors could also apply for their own local charities that they are fond of, so in that way, everyone that invests in hedgi has an equal change to support a charity of their choosing.
Q4 from Telegram user  @highpee
You said the launch of pancakeswap V2 affected your presale and you had to relaunch the presale. Now that presale is over, can we now buy $HEDGI from Pancakeswap? Is your liquidity in Pancakeswap V2 or v1 because for some projects, it is difficult to buy their token since their liquidity is trapped in v1?
Crypto Autist:
We launched on PancakeSwap V2 platform. Should have no issues buying.
Q5 from Telegram user  @Shaa93
Did Hedgi choose to build on the Binance Smart Chain platform? If true, then why didn’t Hedgi choose to build on other platforms?
Alvin Heiko Hedgi Team:
We chose the BSC network because of the much lower transaction fees.
Q6 from Telegram user  @sweetdoge
How exactly do you plan to distribute 5% of every trade to token holders? How will token holders get these rewards? Is this like elastic supply tokens?
Crypto Autist:
This is a function of the smart contract and is automated on every buy/sell transaction.
Q7 from Telegram user  @Rayian01
What can we expect in the next 3 months and in 2021 as a whole? Can you share with us your roadmap?
Crypto Autist:
Thanks for asking, you can see our full roadmap on the website.
Q8 from Telegram user  @nitrogenpower
You told us that you started Hedgi project because there were a lot of Rugs and Scams so how I be sure that this is an honest project?
Crownox:
Well the team have shown their faces and they even quit their main job to get more involved in this project that’s why to trust them, I
joined later, I didn’t know them but I am still convinced they are in it till the end!
Q9 from Telegram user  @Jan8358
COVID 19 has reduced many economies around the world but as a crypto business has it affected you negatively or positively??? Secondly are you still on track to achieve your ambitious targets as the road map says?????????
Alvin Heiko Hedgi Team:
We started our project in the middle of it all, so no real change and we still on course.
Q10 from Telegram user  @csgonub
What is the experience you had because starting the Hedgi Finance project and as core members do you know each other?
Crownox:
I got in early and I started talking to Heiko and other we actually became good friends, also the community is very nice and kind to each other instead of massive spams of shilling etc.
Part 3 – Quiz Results
In the final part, we tested your knowledge in terms of Hedgi. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
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