AMA Satoshi Club x Alkimi, May 17th

We are pleased to announce our next AMA on May 17th 2021 at 01:00 PM UTC Time: Satoshi Club x Alkimi

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

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

Part 3: 300$ – A quiz about Alkimi

For more details:
Alkimi Website – alkimiexchange.com
Alkimi Telegram – @Alkimi_Exchange
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Samecoin x Satoshi Club AMA Recap from 14th of May

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 Samecoin and our guests were @kurto0 @Frrrsu. The AMA took place on 14 May.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club!

Andrés M. | Satoshi Club: AMa time! We are happy to be here with you

Gold Rocket | Satoshi Club: We are pleased to announce our next AMA with Samecoin!

Andrés M. | Satoshi Club: Today our guests are from Samecoin project:

@kurto0

@Frrrsu

Kurt – Samecoin.com: Hello everyone! really excited to be here for this great AMA

Guy Frrr: Hi everyone

🤟🤟

Andrés M. | Satoshi Club: [ 🤗 Sticker ]

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club👋

@kurto0

@Frrrsu how are you doing?😊

Kurt – Samecoin.com: Doing real good, thanks! Excited to finally meet the Satoshi club community and to answer some questions

Guy Frrr: All is well, wish we have a wonderful AMA:)

Andrés M. | Satoshi Club: It’s an honor for us to have you here

Gold Rocket | Satoshi Club: We are also very excited about the upcoming AMA and happy to have you here today.😊

Andrés M. | Satoshi Club: For sure😃

Gold Rocket | Satoshi Club: Let’s start!

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

Kurt – Samecoin.com: Personally, I’ve been involved in crypto since 2014, so almost 8 years now. Saw all bear and bull markets, saw projects become successful and some also die.

Guy Frrr: This is Frank, I’ve been involved in crypto for more than 4 years, and now is one of the core product designer of Samecoin project.

Kurt – Samecoin.com: The Samecoin team as a whole came together from friends of friends, so we see it all as a very great coincidence! All of the original team members consider themselves co-founders essentially and we’ve become a small family through this project over the past year.

Gold Rocket | Satoshi Club: Wow! You are an early bird! Excellent background for crypto business👏

Andrés M. | Satoshi Club: Yes, great background👍

Gold Rocket | Satoshi Club: Developers are the core of the project!👍

Small friendly crypto family ❤️

Also we would like to know about your team. Who is on the project team?

Kurt – Samecoin.com: You can find out more about our team in the team section at https://samecoin.com/ 🙂 We haven’t yet announced the whole team as we are slowly onboarding new additions these next weeks!

Andrés M. | Satoshi Club: Btw, Samecoin is brand new in the crypto space, and we’ve seen a few AMAs that the team is doing already, what other promotions have you planned for your community?

Gold Rocket | Satoshi Club: Thanks a lot for the clarification!

Guy Frrr: First of all, there will be more AMAs on the road in the next month.

Kurt – Samecoin.com: Great question! We are launching a new community incentive program to reward our early bird Samecoin community members.

Details of it will be available in our community channel @SamecoinANN, chat group @Samecoin and our Twitter. Please make sure you follow us there for more information.

Kurt – Samecoin.com: [14.05.21 21:01]

we also have an ongoing giveaway at https://gleam.io/3sjrq/samecoin-giveaway-1

Andrés M. | Satoshi Club: Let’s join Satoshiclubbers, great opportunity to win rewards🥳

Gold Rocket | Satoshi Club: Subscribe, Satoshi Clubbers! 😊

Andrés M. | Satoshi Club: Thank you so much for this great introduction. We have collected some community questions, ready to proceed?

Kurt – Samecoin.com: let’s rock!

Q1 from Telegram User @Pratze

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?

Gold Rocket | Satoshi Club: Thanks for the great intro guys!

Kurt – Samecoin.com: Yes, correct there will be a private sale!

At the moment we do not have any additional public announcements about it, but join our telegram channel to be the first in line to hear about any – @SamecoinANN

Andrés M. | Satoshi Club: Is there a whitelist to join?

Kurt – Samecoin.com: not for the time being

Andrés M. | Satoshi Club: Got it, please don’t forget to share with our community the coming announcements😃

Kurt – Samecoin.com: definitely will!

Andrés M. | Satoshi Club: Any additional info to add or we can proceed with the next question?

Kurt – Samecoin.com: also make sure to check out our Medium for more details on the scope of Samecoin – https://samecoin.medium.com/

next question!

Q2 from Telegram User @NataliyaKil

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?

Guy Frrr: Samecoin is the utility token of the ecosystem. It’s a medium through which the Samecoin Protocol can enforce governance, reward users, incentivize activity, and provide a medium to raise capital.

SameUSD/SameEuro is backed by a reserve in the form of a basket of widely accepted stablecoins(USDT, USDC and BUSD). This means the size of the reserve can easily be verified by anyone, while making sure that no single stablecoin has a majority share of our reserves.

Done

Gold Rocket | Satoshi Club: Thank you very much for your answers!

Andrés M. | Satoshi Club: What is the main benefit for long term holders?

Guy Frrr: we have planned a serious products for Samecoin protocol which will make the Samecoin as the core value in these ecosystem

Kurt – Samecoin.com: Our adoption strategy focuses on making sure Samecoin has valuable use across several partner products. This makes Samecoin a clear long-term project which is set to keep growing as more products start supporting and incentivising the use of Samecoin and the family of stablecoins.

Andrés M. | Satoshi Club: Great, now can you tell us the tokenomics of Samecoin? How is the token distribution?

Guy Frrr: Like many other cryptocurrencies, the supply of Samecoin tokens is also limited. This means that, according to the Samecoin protocol’s rules, there will only ever be 100 million Samecoins.

64% of it will be rewarded to the community(Liquidity Providers & DAO), 36% will be distributed to Seed Fund Investor, IDO,  IEO, Advisors and Team.

As a DeFi project, the 32% of Samecoin will reward those who contribute to the community. Based on the different smart contracts, the distribution also differs.

-Mint 4.6%

-Save 9.4%

-LP Stake 18%

Andrés M. | Satoshi Club:  Thanks for share it, would you like to add something before the next question?

Guy Frrr: That’s all

Q3 from Telegram User @Johana0012

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?

Kurt – Samecoin.com: Great question! Samecoin can be used as an alternative way to pay for transaction and trading fees on apps which we are building with our partners. SamePay is the first one we’ve announced so far.

Samecoin can be received as rewards for interacting with the Samecoin Protocol which is our DeFi platform that allows the minting of SameUSD, as well as savings, staking and governance. Samecoin can also be purchased directly during our fundraising rounds. As previously mentioned, Samecoin has a total supply of 100 Million.

Andrés M. | Satoshi Club: Btw, how we will be able to buy Samecoin and how is the LP mining process?

Guy Frrr: As the beginning, we will planned to launch the Samecoin-BNB LP pancake on BSC, and then you can buy Samecoin here.

And then LP Stake & mining will start in our dapp

Gold Rocket | Satoshi Club: Thanks for your answers! Ready to proceed to the next question? Or would you like to add something?

Guy Frrr: Thats all

pls next

Q4 from Telegram User @yellowchamp

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

Guy Frrr: SameUSD’s reserve is composed of three kinds of popular stablecoins: BUSD, USDT and USDC.

Our mechanism makes sure that none of these three has a majority of the reserve, this way if regulatory issues happen to one of them, it can easily settle the reserve and make sure it’s made whole. This brings the major advantage of major stability as well as the ability for everyone to verify the size of the reserve.

Done

Gold Rocket | Satoshi Club: Thanks for your answers!

Andrés M. | Satoshi Club: Have your contacts been audited or is in process to be?

Guy Frrr: Audit is currently in progress! All progress available on the Certik page: https://www.certik.org/projects/samecoin

Andrés M. | Satoshi Club: That’s a renamed company, great job guys👏

Gold Rocket | Satoshi Club: Oh! This is great news!

I would like you to share information about your app SamePay with us

Because today people are used to working everywhere and this is really important

Kurt – Samecoin.com: More information about SamePay shall be released in the coming weeks actually! What we can say for the moment is to visit https://samepay.com/ 🙂

Gold Rocket | Satoshi Club: Thank you so much! I will definitely check it out! Ready for the next question?

Guy Frrr: yes next

Andrés M. | Satoshi Club: Btw, I read that you are launching a mobile wallet, is that right?

Kurt – Samecoin.com: yes

Yes – it is a partner product which is part of the Samecoin Ecosystem

Andrés M. | Satoshi Club: What is the benefit of the wallet? What make it different to the currents wallets in the market? any staking process there?

Kurt – Samecoin.com: SamePay’s long term vision is to simplify crypto wallets and payments for the everyday Joe. So far, crypto’s success at mainstream adoption has been hindered due to very complicated apps and processes that make buying crypto and spending crypto a very expensive hassle.

Gold Rocket | Satoshi Club: mass adoption😁

Kurt – Samecoin.com: SamePay brings forward a new kind of user experience never seen before in the wallet apps you may be knowledgeable about.

Andrés M. | Satoshi Club: Wow, great concepts, that’s why we need currently👏

Kurt – Samecoin.com: With its built-in DeFi features, real security, cheaper fees (through Samecoin) and great usability, SamePay can be the next step towards making crypto more widely used.

Gold Rocket | Satoshi Club: Yes! It’s sounds great 👍

Andrés M. | Satoshi Club: Is a mobile wallet, where can we download it?😃

Kurt – Samecoin.com: once released it will be available on the iOS app store and the google play store

Andrés M. | Satoshi Club: Oh will be waiting for it 🥳

Well, thanks for the answer, let’s proceed

Q5 from Telegram user @andrey_seleznov

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?

Kurt – Samecoin.com: Essentially, any partnered product within the Samecoin ecosystem has the option to use Samecoin as an alternative way to pay for fees. For those early birds who get Samecoin in the early days, this will mean they’ll have the ability to pay cheaper fees through the price increase of Samecoin. We’re also in discussion for more partnered products, which means early birds will have a very good advantage in this long term adoption strategy of ours.

Correct, on the Samecoin Protocol users will have the ability to stake Samecoin as well.

all clear?

Andrés M. | Satoshi Club:  Could you tell about those partnered products, how many are part of Samecoin ecosystem?

Kurt – Samecoin.com: We’ve already spoken about one in fair enough detail – SamePay

The second one (which we haven’t talked about much so far) is SameID – a decentralised identity technology

Gold Rocket | Satoshi Club: thanks a lot for great answers! ready for the last question of this part?

Andrés M. | Satoshi Club: More are coming, right?

Kurt – Samecoin.com: Yes, we are in talks with some potential partners at the moment. We’ll also be incentivising the community to develop their own products to support the Samecoin ecosystem.

Andrés M. | Satoshi Club: Btw, would you like to share with us your roadmap? We are excited to know what’s coming for Samecoin🥳

Kurt – Samecoin.com:We’ll be publishing our roadmap shortly after the conclusion of our audit by Certik 🙂 This will go together with announcement for our fundraising rounds as well as eventual release

Andrés M. | Satoshi Club: Great, thank you. Well, as our dear @GoldRocket27 said, is time to proceed with the last question of this AMA

Andrés M. | Satoshi Club: Ready to go?

Kurt – Samecoin.com: lets goo

Q6 from Telegram user @lzamg

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?

Guy Frrr: As you mentioned, USDT is always oscillating when encountering some bad news about regulatory. Thus, Samecoin protocol is choosing to peg to a bundle of stablecoins like USDT, BUSD, USDC. This has the benefit of insulating the stablecoin against shocks to a particular country, currency, commodity or stablecoin.

For a single type of stablecoin, pegging to a fiat currency with finite supply can eventually lead to problems of scale and management of risk, especially policy risk. However,  pegging to a variety of stablecoins can circumvent this problem, creating a more stable value.

Andrés M. | Satoshi Club:  @kurto0 @Frrrsu thank you so much for your clear answers, it has been a great time in this first part of the AMA, now is time to interact with our community members in the live segment🥳💪

Gold Rocket | Satoshi Club: Let’s start 🚀

Andrés M. | Satoshi Club: We will open the chat and you have to choose your 10 favorites and answer them

Would you like to share with us some useful links before we open the chat?

Gold Rocket | Satoshi Club: Follow our Announcement Channel here: https://t.me/SamecoinANN

Samecoin ecosystem makes the best of both worlds; #crypto and fiat. Make #payments easier, without having to worry about fluctuating currencies or costly #fees.

https://www.cryptopolitan.com/a-dual-system-of-cryptocurrencies-to-simplify-the-core-components-of-payments-and-fees/

Kurt – Samecoin.com: Make sure to visit https://samecoin.com/ for all the details on our project!

Guy Frrr: Also you can follow our Twitter for any news about Samecoin here:

https://twitter.com/SamecoinCom

Gold Rocket | Satoshi Club: Thanks for sharing👍

Kurt – Samecoin.com:  Join our telegram group for discussions and announcements everyday! https://t.me/Samecoin

Part 2 — live questions from the Telegram community

Q1 from telegram username @vedamatrix

Where can I buy Samecoin right now did you list your tokens anywhere and where?

Guy Frrr: The IDO info will be announced after the conclusion of our audit by Certik. Pls follow our twitter for any updates:

https://twitter.com/SamecoinCom

Q2 from telegram username @Guandog

USD and EUR are your only targets? What other FIAT currency could you see soon? Could it be from emerging markets too?

Kurt – Samecoin.com: Yes, at the moment USD and EUR are our only targets. However, we are looking for opportunities in a lot of emerging markets, especially those who for several reasons do not have access to good banking structures or are more crypto-friendly.

Q3 from telegram username @alptrader

You mentioned that there will be 100 million Samecoins but how much sameusd and sameeuro will be minted?

Kurt – Samecoin.com: Since they are stablecoins, the total circulation of SameUSD and SameEuro will be 1:1 with the size of the reserve.

Q4 from telegram username @smelekin

Hello @kurto0 Do you still hold any coins that you buy when you involved in crypto at 2014?

Kurt – Samecoin.com: Bitcoin!

Q5 from telegram username @boradam

I couldn’t find any information about Samecoin on coinmarketcap and coingecko. When will you list Samecoin on coinmarketcap and coingecko?

Guy Frrr: After the Samecoin released on BSC, we will see them on cmc and coingecko soon.

Q6 from telegram username @Indomiekuy

Samecoin is a stablecoins project built with digital payment mindset.i read that you have feature to pay same as fiat currency, can you tell more about this?

Kurt – Samecoin.com: Our mission focuses on making crypto easy to use as an actual currency. The only real way to make this possible is to make it as easy to use as fiat, through apps which are easy to use and proper, easy ways to purchase crypto without the headaches you may see on some platforms.

Q7 from telegram username @cryptonation2

Is your project restricted on any regions or anywhere from the globe are allowed?

Kurt – Samecoin.com: Samecoin is available for anyone with an internet connection 🙂

Q8 from telegram username @newtain01

What really makes you unique and different from other projects

Guy Frrr: Focus on the ecosystem build of stablecoin like SamePay

Q9 from telegram username @doithay1617

How do you see the future of Stablecoins? @kurto0

Kurt – Samecoin.com: We see them as the best option to replace fiat at the moment. While there are clear risks involved in them (this is what we’re trying to solve through a verifiable, decentralised reserve), they have provided the best innovations in crypto for the past 4 years and will continue to do so.

Q10 from telegram username @messilolz

Are you an experienced team who will never abandon this project and how do you convince new investors?

Guy Frrr: Just as we believe that BTC and blockchain will bring many changes to the world, we also firmly believe that Samecoin can contribute to this change.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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:

Telegram: https://t.me/Samecoin

Website: https://samecoin.com

CEEZEE x Satoshi Club AMA Recap from 14th of May

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 CEEZEE and our guests were @JUICES101and @Sn0wbear. The AMA took place on 14 May.

The AMA session was divided into 3 parts with a total crypto reward pool of 1000$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with CEEZEE! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello, dear community!

Today our guests are @JUICES101 @Sn0wbear!

Richardson – will never DM you first : hello everyone, i am the ceo of ceezee, thanks for this ama opportunity. super excited to be here.

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @JUICES101 @Sn0wbear!👋

Snow – will NEVER DM you first: Hello everyone! I’m the COO of ceezee. Honored to be here 🙂

Gold Rocket | Satoshi Club: We are also very happy to have you here today.🤝

Mary | Satoshi Club: Hello, welcome here!🚀

Gold Rocket | Satoshi Club: Let’s start with a small intro!

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

Snow – will NEVER DM you first: Of course!

CEEZEE SAFU is a bep-20 protocol and started from a team of veteran crypto investors from 2016! We are a team of 7 with 5 developers working hard to creeate a vibrant ecosystem.

At the start of this bull run, we saw a lot of rug pulls and victims of amateur investors and decided to create something SAFU for everyone. Our ecosystem includes a range of products that lightly touch up on various areas of what DeFi is all about! Staking, launchpad, betting, NFT market place, and even a content creation zone!

Not to mention our upcoming rugged charity swap to help rugged victims!

Gold Rocket | Satoshi Club: What is the essence of CEEZEE?

Mary | Satoshi Club: So, just developers in the team?😀 And you do marketing job etc?

Snow – will NEVER DM you first: Essence of CEEZEE? Funds are SAFU! (Hence our name 😉 )

To provide a place where investors have a peace of mind that they are in a safe place to explore the different avenues of DeFi.

Richardson – will never DM you first : Yes we have 5 core developers atm, and we have 1 marketing employee that we hired after we finished our public sale. we are adding more members to the team if we think they will add value to CEEZEE (so if there are any ppl watching here you can always send us your resume)

Gold Rocket | Satoshi Club: [ 👌 Sticker ]

Mary | Satoshi Club: Are your team public?😀

Snow – will NEVER DM you first:  The CEO did a little youtube preview a little while back 😉

Some of our members are doxxed and public, others are still anon, but within the team, we all know each other 🙂

Mary | Satoshi Club: Gotcha 👍

Richardson – will never DM you first : https://www.youtube.com/watch?v=RdVhVkmyMi0&t=338s

for the ones who want see how i look

 [ ❤️ Sticker ]

Mary | Satoshi Club: Also, can you ask what about SAFU funds😀 are your smart contracts audited?

Gold Rocket | Satoshi Club: which one are you?😂

Snow – will NEVER DM you first: Yes! We are currently in the process with CertiK (We actually got our prelimnary report and pushing to finalize it!)

We also have a whopping ~1800 BNB locked in liquidity (only a 2.5m mcap, so quite a lot!)

Richardson – will never DM you first : haha please watch the video and you tell me😂

Snow – will NEVER DM you first: The one with the beautiful beard 😉

Mary | Satoshi Club: 🤟

Gold Rocket | Satoshi Club: You are cute😁👍

Mary | Satoshi Club: Thank you for your intro! 😀

Ready to start with the questions from our community?🚀

Richardson – will never DM you first : Born ready lol

Snow – will NEVER DM you first: Always

Q1 from Telegram user @Highpee

Your project name is CEEZEE (sounds like CZ) and your Logo is a meme portrait of CZ (Binance CEO). Your token is $SAFU, a term which refers to “Secure Asset Fund for User”, created by Binance in 2018 as an emergency insurance fund to protect users on Binance. Although your website says you have no affiliation with Binance, I wish to know if there is any official or unofficial endorsement of CEEZEE activities by CZ. Also, what inspired you to build your platform using Binance attributes and how does this make CEEZEE a safe and community oriented project? And since your loyalty is toward CZ, does it mean it will be possible to consider operating on chains outside of Binance Smart Chain?

Snow – will NEVER DM you first: Great question.

We started with a memeforefront because we felt that what CZ shared in 2018 trult captured the essence of what we are tryign to build. To bring calm to chaos that is happening.

We have been very careful and aware of choosing our name as well as token design. If ever a problem, we can just change our design as well. We do have a little CZ fund as well (7% of total supply) if he wishes to claim it (or will be burned).

Our launchpad is approaching launch soon, and ours is a little different from any of the launchpads available. Ensuring some sort of insurance to ensure users of their funds post launch as well (more details to come for sure).

We have def been in talks about expanding, but for now, we are focusing on Binance smart chain.

Mary | Satoshi Club: So, this 7% isn’t locked?🤣

Richardson – will never DM you first : No it is not locked indeed

Team and development funds are locked for 25 months

Mary | Satoshi Club: Ok, let’s hope CZ will come to take them🤣

Snow – will NEVER DM you first: We hope so to 🙂

Gold Rocket | Satoshi Club: Thanks for the answer! Are you ready to proceed to the next question?

Snow – will NEVER DM you first: Yes 🙂

Richardson – will never DM you first :

Q2 from Telegram user @johana0012

$SAFU is an experimental deflationary token that uses a geometric mathematical equation to calculate supply depreciation.  Do you mean that there is a constant decrease in supply?  What benefits are obtained over time if the decrease is constantly applied?  What are the characteristics that Ceeze fulfills and what improvements are they providing to the $SAFU token?

Snow – will NEVER DM you first: So the way our tokenomics is designed is that tokens are completely gone after each txn (no burn wallet or blackhole address).

Further this calculation is based on a half-life principle. So after half of the supply has been burned, the burn rate is also halved. This just keeps going on 🙂

This is to ensure the longevity of the product and control burn rate.

In the end, the benefit of this is to compound demand over time, and for holders, rewarding them with an increased value as burns commence 🔥

Mary | Satoshi Club: Can you share your tokenomics with us? How much is total supply etc

Snow – will NEVER DM you first: Sure!

🙂

Gold Rocket | Satoshi Club: Thank you very much for your answers and clarifications! ready for the next question?

Richardson – will never DM you first : Ready

Q3 from Telegram user @Jonahapagu

Among the products within your Ecosystem is “SAFU Bets” which will allow users Test their prediction skills and use $SAFU tokens to make predictions on certain pairs… can you explain How SAFU Bets will work, how will users be able to use $SAFU tokens to predict on certain pairs, what pairs will they be predicting on, how will this pairs be decided and how will users of $SAFU Bets be rewarded..

Richardson – will never DM you first : So our product SAFU bets will be a wide range of stuff that will be prediction market and competition market (games) but as we are constantly developing this can change in the future. for the first few option in the prediction pool we are gonna provide the bigger assets that have been around for longer time, we will also let community have votes if they want to add more pairs for the prediction market. basically there will be one pool for every asset and this will pay out the winners from that pool. more information about SAFU bets is gonna be released when we are close to launch!

Gold Rocket | Satoshi Club: when do you plan to implement the launch?

Mary | Satoshi Club: When approximately you plan Safu bets to go live?

You were first 😅

Richardson – will never DM you first : For now SAFU bets is planned to launch in Q3

so not that far away

Mary | Satoshi Club :Ok, we will wait for the launch 👏

Thank you for your answers! Ready to jump to the next question?

Gold Rocket | Satoshi Club: Yes, it will be very soon🚀

Snow – will NEVER DM you first: Yes 🙂

Q4 from Telegram user @NataliyaKil

Your whitelisting period will start from May 9th until May 16th, 2021.

You will be donating 10 billion $ SAFU evenly to all successfully whitelisted candidates.

To get my $ SAFU, I have to go to the whitelisting chat bot on our official Rugged Charity Swap portal and chat with him, do I understand correctly? I do not like to communicate with bots, because they only respond to specific parameters that are programmed in them. And if I make a mistake when providing any data (human factor), the bot won’t tell me about it? Why did you choose this method to participate in the whitelist? And then how do I know if I was included in the whitelist, if I correctly fulfilled all the conditions required by the bot? And will I have a second chance if I find an error in my data, and have already transferred all the information to the bot, how can I fix it later?

Snow – will NEVER DM you first: That’s a great question.

If you meet every criteria, you will be whitelisted.

It’s literally checking all the boxes and copy and pasting.

If you have copy and pasted and meet all the criteria, you are good to go.

The Rugged Charity Swap is not a one time event, and we will keep them coming so please rest assure that more are to come 🙂 In 2 days you will know if you are white listed or not! 🙂

Mary | Satoshi Club: So, it’s like Airdrop?

Richardson – will never DM you first : Its gonna be in 2 steps, first you need to send your rugged tokens to the address that is provided, after that you can claim the SAFU tokens in the RCS portal

Snow – will NEVER DM you first: Here (https://ceezee-safu.medium.com/rugged-charity-swap-362d3c488b02) is a more concise article about the Rugged Charity Swap 🙂

Mary | Satoshi Club: Only SAFU holders will be benefited?😀

Richardson – will never DM you first : If you hold 25m SAFU you can participate in the RCS event

Mary | Satoshi Club: Gotcha!😀 Where can i buy them?

Richardson – will never DM you first : If you dont hold 25m SAFU you wont be able to claim the charity amount

Whitebit:

💰Buy

 (https://whitebit.com/trade-pro/SAFU_USDT?type=spot)Pancakeswap:

💰Buy (https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x36db129506fe81da7ce085648ff9c7a0d5e31ed2)

Mary | Satoshi Club: Thank you! Do you want to add something or we can go to the next question?😀

Snow – will NEVER DM you first: Please take opportunity to claim some $SAFU through the Rugged Charity Swap. We also have donations added from Neural Pepe and Fox Finance as well!

Richardson – will never DM you first :

Gold Rocket | Satoshi Club: Thanks a lot for the great answer! great opportunity! 🚀 😊

Snow – will NEVER DM you first: Sure is! We are ready for the next question 🙂

Q5 from Telegram user @mctrho

 I was reading on your website and found that you will be launching a charity exchange soon, can you tell us a little more about this? How will this beneficial exchange work? Will the funds collected go to a charitable foundation? How can users contribute to the cause?

Snow – will NEVER DM you first: The charity exchange is the one mentioned above: Rugged Charity Swap.

We will be distributing to rugged victims on the Binance Smart Chain.

To be more specific, out first launch is for all rugged projects, ones after will be community voted.

We will be using the transaction tax that is collected in our ecovault for this 🙂

So for now, not directly to a charitable foundation! I hope this brings clarity to your question.

Richardson – will never DM you first : So basically our charity will stay inside crypto space! for all rugged investors

Mary | Satoshi Club: Do you know the name of the first rugged project which investors will be lucky?

Snow – will NEVER DM you first: Yes 🙂 This one is FREE FOR ALL.

ANYONE who has been rugged more than 300$ can participate (as long as they meet the other whitelisted criteria)

Gold Rocket | Satoshi Club: Ready to proceed?

Snow – will NEVER DM you first: Yes 🙂

Mary | Satoshi Club: Thank you!

It’s awesome 😊

Q6 from Telegram user @lzamg

 We can purchase NFTs from the CEEZEE NFT market, but can you tell us how we can benefit from these NFTs? Do they have further utilities within your platform or other projects’ platforms? Also, are you open to feature NFTs made by independent creators and artists?

Richardson – will never DM you first : The NFT market will be an platform where everyone who wants can mint NFTs but minting them on our platform will make you earn passive SAFU while holding it in your wallet (no staking or locking needed for this) so our first concern goes out to independent creators and artists so they can provide their NFTs with some kinda value while holding it

Mary | Satoshi Club: Will you be Binance NFT marketplace competitors?😉

Richardson – will never DM you first :Competitors is a big word. i think we can grow nicely together

If you mint NFTs on our platform you can sell them on binance nft platfrom if you like

Mary | Satoshi Club: Btw, nice scheme😉

Gold Rocket | Satoshi Club: Please share useful links with our community before opening the chat😊

Richardson – will never DM you first:

QUICKLINKS✅

Whitebit:

💰Buy

 (https://whitebit.com/trade-pro/SAFU_USDT?type=spot)Pancakeswap:

💰Buy

 (https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x36db129506fe81da7ce085648ff9c7a0d5e31ed2)(5 or 6% SLIPPAGE)

(Dont use decimals)

Charts:

📊DEXTOOLS

 (https://www.dextools.io/app/pancakeswap/pair-explorer/0xc83ac726a9409c8518444bd19e818ed61f3459f9)Locks:

🔐Liquidity (https://unicrypt.network/amm/pancakev2/pair/0xc83ac726a9409c8518444bd19e818ed61f3459f9)

🔐Team Lock (https://team.finance/view-coin/0x36DB129506fE81dA7Ce085648ff9C7a0D5e31ed2?name=CEEZEE&symbol=SAFU)

More info

✅ Medium Page

 (https://ceezee-safu.medium.com/)✅ Website

 (https://ceezee.io/)✅ Twitter

 (http://twitter.com/CeezeeSafu)✅ Official Announcement Channel

✅ (https://t.me/CEEZEESAFUANNOUNCMENTS) SAFU Dashboard

 (https://app.ceezee.io/#/)✅ (https://t.me/CEEZEESAFUANNOUNCMENTS) BSC (https://bscscan.com/token/0x36DB129506fE81dA7Ce085648ff9C7a0D5e31ed2) SCAN (https://bscscan.com/token/0x36DB129506fE81dA7Ce085648ff9C7a0D5e31ed2) ✅

Part 2 — live questions from the Telegram community

Q1 from telegram username @mctrho

I understand that meme tokens do not have an intention or objective relevant to the crypto world, but does your project have any objective in the ecosystem of crypto assets?  What are the aspects that you want to improve or change about this space?  Also, many cryptocurrency experts prefer not to make serious investments in meme-based projects, but do you think serious investments can be made in SAFU?  Or should it just be taken as a joke? @Sn0wbear @JUICES101

Snow – will NEVER DM you first: I’ll start answering some here first 🙂

I totally get this. Personally, I also like to stay away from meme-based projects due to the lack of utility as well as basing user base through hype and shilling.

CEEZEE $SAFU is really only a meme-forefront in design. What we have underneath is more elaborate. Primarily, we want to tackle the rising schemes of rug-pulls and unsafe launches where people are losing money. Our launchpad is a unique way we want to have projects launch, and users can be protected by using our launchpad. I mentioned before that we have some sort of insurance ppolicy in place as well to protect users (more to come)!

Q2 from telegram username @highpee

You will have the SAFU zone which will to operate like a social forum where users can create content and get rewarded depending on the  interactions their content receives. Is this going to be a complete social platform or how will this be designed to run on blockchain? Will the content acceptable for publishing limited to Memes?

Richardson – will never DM you first: Hello thanks for you question! The SAFU zone will be a place where you can write story’s and post meme’s this will happen in subgraphs. the interactions (likes or upvotes) will give you a certain rank. highest upvotes or likes will get rewarded in SAFU. SAFU zone will be build in our dashboard, also we are looking into putting the content inside the blockchain but more information about how this exactly will take place will be announced when we are closer to launch

Q3 from telegram username @xperia3

What matters to most unconscious investors are small short-term wins. However, long-term goals provide much greater gains. What kind of interaction do you plan to raise the awareness of investors on this issue and to enable them to make long-term investments in your project?

Snow – will NEVER DM you first: This is currently a major problem and trend in the BSC market where flocks of ‘unconscious investors’ plug their funds only for a couple of days and migrate for another quick buck!

As our ecosystem product roll out, there are definitely areas that benefit long term holders. The launchpad is one example where a tier system will be implemented to unlock different allocation rights!

Q4 from telegram username @Jonahapagu

CeeZee donates NFT’s from famous artists to top RUG PULL loses. Will it continue in the future ?

Richardson – will never DM you first: On our website there is a become a donor button, where everyone can apply if they want give their NFTs or coins to charity. if you are donor there will be some news related to this on our social media and website. in the future events we will for sure contact other projects if they want to contribute in the RCS

Q5 from telegram username @lzamg

I read that Two Donors donated NFT’s to CEZEEE platform users they are; Fox Finance which donated 10 NFTs that will be randomly distributed to 10 lucky participants , and Neural Pepe donating 10 NFTs that will be going out to the top 10 biggest losses o. your Rugged Charity Swap platform.. apart from this two donors are there other donors within your Rugged Charity swap, and outside this donations there was no information about any partnership between Fox Finance and Ceezee or between Neural Pepe and Ceezee, so why did this two projects decide to donate NFT’s to Users of CEEZEE platform, and is there any other partnership between CeZee and this two NFT platforms..

Snow – will NEVER DM you first: These projects actually reached out to us to give back to the community. It was a kind gesture from them expressing their concerns and compassion for rugged victims.

We are ALWAYS welcoming other projects and other avenues who wish to give back to the rugged community.

Partnerships are important, but giving is a gesture!

Q6 from telegram username @Antoni_azx

🌟Something that got my attention going through your Lightpaper is that the $SAFU token enables community governance, but it’s not a token driven completely by the community. So I would like to know, what are the limitations for the community? What can they decide or not regarding the development of CEEZEE? And if the community does not have complete control, then who else participate in the decision process? @Sn0wbear @JUICES101

Richardson – will never DM you first: This is a good one! CEEZEE is community based and we always listing to feedback from our community. the community governance will have more meaning when we finished all our products on the roadmap.

Q7 from telegram username @Jonahapagu

The SAFU Zone will be part of the CEEZEE ecosystem, it will allow the users to create quality content and claim rewards, can you be more specific about the ways to reward your users, creators, stakers and community in general? Will contests and competitions be in your agenda?

Snow – will NEVER DM you first: Basically, SAFU Zone can be seen as an area to unleash your creativity. Whether that is in form of memes, videos, pictures, and or drawings. Anything goes.

There will also be an education zone where content writers can write articles and stories, as well as a zone for people to write their stories (rugged stories, I imagine will be quite good!).

Through this, people will be able to claim direct donations for users as well! Further, there will be weekly winners for the most popular content that will win a little extra $SAFU 😉

Q8 from telegram username @biggdata

Which activities are you planning to carry out in the field of business development and marketing in the upcoming period? Network, community, collaborations, listing, etc. What will be your priorities in matters related to the subjects?

Snow – will NEVER DM you first: We recently onboarded a marketing person who will help with exposure with SAFU. We have been strategically planning our exposure as we want actualy products and use case before bringing people in. As we are approaching the launch of our different products, we are now expanding this sphere quickly 🙂

Q9 from telegram username @tatarrama

The names and logos of the projects attract attention. Are your logo and name random choices or does it contain messages about your project?

Richardson – will never DM you first: Before we even thought about the name of the project we already had the idea that we needed to help the rugged/rekt investors on BSC. basically we thought that we needed a SAFU funds for the DEX like CZ from Binance has it for the CEX (so the name and branding of our product is based on the way Binance protects their investors) Also the rugged charity swap is the first of its kind!

Q10  from telegram username @mucana

When investors hold NFTs, will $ SAFU be entitled to a stake going to the NFT market? Will it be kept under lock and key?

Richardson – will never DM you first: When NFTs are minted on our NFT platfrom it will be minted with SAFU after you minted it they will be added to the pool of rewards. there is no need to stake or lock your NFT

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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:

Telegram: https://t.me/CEEZEESAFUANNOUNCMENTS/

Twitter: https://ceezee.io

AMA Satoshi Club x DOGEN, May 25th

We are pleased to announce our next AMA on May 25th 2021 at 03:00 PM UTC Time: Satoshi Club x DOGEN

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

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

Part 3: 300$ – A quiz about DOGEN

For more details:
DOGEN Website – dogen.finance
DOGEN Telegram – @dogenfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Digital Transaction, May 20th

We are pleased to announce our next AMA on May 20th 2021 at 01:00 PM UTC Time: Satoshi Club x Digital Transaction

⚠️Click to see the hour
⚠️Total Reward pool: $2500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Digital Transaction Telegram group
👉 Follow Digital Transaction Twitter

We will have the following structure:

Part 1: 150$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 250$/15 users – Open chat for 120 seconds. You can post Max 3 questions. Digital Transaction Team will select 15 questions and answer them.

Part 3: 2100$ – A quiz about Digital Transaction

For more details:
Digital Transaction Website – digital-transaction.com
Digital Transaction Telegram – @digitaltransactionofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

DefiScale x Satoshi Club AMA Recap from 13th of May

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 DFC and our guest was @defiscale_team. The AMA took place on 13 May.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram community

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with DFC! Welcome to Satoshi Club😀

@defiscale_team welcome to Satoshi Club 🎉

Gold Rocket | Satoshi Club: We are very glad to conducting AMA with DFC!

DeFiScale Team: Hello, it is a pleasure to be here

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @defiscale_team!

How are you doing?☺️

Mary | Satoshi Club: How are you today?😀

You were first 🤣

DeFiScale Team: I am very well, thank you, how are you? 🙂

Gold Rocket | Satoshi Club: we are very excited about the upcoming AMA😁

DeFiScale Team: Well, I can feel that I will be in crosshairs with questions from both of you 🙂

Mary | Satoshi Club: Fantastic! 🚀

Gold Rocket | Satoshi Club: No doubt😉

Mary | Satoshi Club: So, let’s start 👍

Could you please introduce yourself and tell us more about DFC?😉

Gold Rocket | Satoshi Club: Tell us please about yourself and your position in DFC.

DeFiScale Team: My name is Slawomir, I am from Poland and I am one of the founders of this project. I focus mostly on business side of things such as ensuring profitability of our portfolio or picking up and launching new projects within our pool

Gold Rocket | Satoshi Club: What is the essence of DFC?

By the way, a very beautiful name Slawomir – glory and peace😍

DeFiScale Team: DeFiScale is a bit similar to a venture capital firm. So, we allow staking of stable coins and DFC (as a token) on our platform and we used this pool to invest in other blockchain ventures. At first we have quite specific portfolio in mind – focusing on gambling and financial projects, which are the areas of expertise of our team.

These projects are real businesses with proven profitability that we move from non-crypto to blockchain world.

Thank you 🙂 I am glad you checked ethymology 🙂 Let’s focus on the glory today 😛

Mary | Satoshi Club: Crypto ventures 😉

How old is DFC?

Gold Rocket | Satoshi Club: Your word is law! 👌

DeFiScale Team: We started the project in July 2020. It took us a few months to open up with our platform, but we have started then. If you take our portfolio into account, however, our business and experience dates back to the 90-ties 😉

Mary | Satoshi Club: Can you give us a link, i think those, who heard about your project today will find a lot if interesting info there 😉

Gold Rocket | Satoshi Club: Great background 👍

DeFiScale Team: DeFiScale.io – all of the basic info including our investment plans can be found there 🙂

Mary | Satoshi Club: Thank you!

Gold Rocket | Satoshi Club: What plans do you have for the future? And what can we expect from DFC?

DeFiScale Team: Well, it is a long list 😉

In the nearest future, our first portfolio project will be launching commercially this month. It is a financial betting platform holding the only gambling license for such activity. We are working hard with industry leading platform provider to start crypto online casino in the coming months.

From DeFiScale itself, we shall open up for new staking stable coins shortly and we are looking into other blockchains. I mean, other than ERC20.

Gold Rocket | Satoshi Club: thanks for the answer! one more standard question and I suggest to proceed to the questions from community🚀😉

DeFiScale Team: In the longer run – new projects from our list (you can find it here: https://defiscale.io/investment-pool/ ) as well as adding more project to this list

fire away 🙂

Gold Rocket | Satoshi Club: Sounds very good 👍

Also we would like to know about your team. Who is on the project team?

DeFiScale Team: Our team is European and among key members we have:

1. Financial markets experts with around 20 years experience in Forex businesses, asset management, institutional trading etc. They come from leading brokerage houses, exchange and payment services, etc.

2. Gembling and entertainment experts – also with over 10 years of experience and previously involved with online casinos, betting houses and other gaming companies.

The team’s structure and our “collective knowledge” is tailored to benefit from our business idea and to lead our first portfolio projects (such as FinBet or ShadowBit).

Essentially the innovation that we bring here is our expertise in financial and gambling markets that is used in crypto based venture capital focusing on seed projects.

Mary | Satoshi Club: Are your team members public?

DeFiScale Team:  No, not at this stage. But we will announce leaders of our projects shortly.

Gold Rocket | Satoshi Club: Thank you very much Slawomir for the great intro! 👏👏👏

Mary | Satoshi Club: Gotcha! Thank you for your answers!

Ready to go to the questions from our community?😉

DeFiScale Team: Always ready 🙂

Q1 from Telegram User @ngonguyenkhang

What are the highlights of your project and products that you believe will help you succeed? How revenue is generated to sustain the project, and what plans do you have to attract more users in the future?

DeFiScale Team: Thank you for your questions

In short, as I have written before, we operate similarily to venture capital firms. We invest in early stage crypto projects that focus on real business. And what will help us succeed is that we are very open about what we invest in and how we earn profits to reward your staking.

This means that getting involved with us and having DFC as a token is similar to being among founders of a series of new tokens. Tokens that are based on real business.

We pick the portfolio carefully, so that we ensure the profitability of our portfolio projects – and therefore profitability of DeFiScale.

Profits from DeFiScale are planned to be used to buy back and burn DFC – creating our own demand for tokens. And this demand originates from real profits. So in the long run the plan to bring more users is based on being profitable – plain and simple.

Mary | Satoshi Club: You told that you pick your portfolio carefully, can you explain the process? As i understand you will choose for your investments not only old and well-known projects, but also new😀

DeFiScale Team: So essentially, the first projects are picked based on non-crypto proven projects. But all of them are start-ups. From our vast portfolio of gambling and financial projects, we have picked some that meet our criteria:

-probable very high profitability

-our expertise in the field

-the advantage that we get from getting these projects into crypto world

This is why we start with gambling projects now – more and more strict regulations and payment providers troubles give the players even more incentive to join crypto platforms. And we have picked 2 special gems as the first projects that we launch

Gold Rocket | Satoshi Club: Thank you very much for your answers! ready for the next question?🚀

DeFiScale Team: sure

Q2 from Telegram user @giovannialc

As many of us know today, what is most common in the world is theft and therefore the users of any project seek to inquire a lot about security before investing. Would you like to know if any type of audit has been carried out on your contract? Have corrections been applied to the errors found? Who was in charge of conducting the audit? Is the security of the DeFiScale platform continually tested?

DeFiScale Team:  So first of all, we have been audited by Certik with a 93 score. Security of our platfor is tested on an ongoing basis by external IT teams (so not our developers obviously). And of course we work continously on improving both our product and our security. After all IT project is not something that is done. It’s something that is being done 😉

Gold Rocket | Satoshi Club: Safety first! Thank you for taking care of this! Could you share?😊

Mary | Satoshi Club: Do you want to continue audits? May be one more? Hackers are always around, it’s our current pain

DeFiScale Team: We will do it periodically. But to be honest, our smart contract is very straightforward, so we focus on continous security monitoring of the platform. This is where any potential vunerability can be found. DFC as a token is safer than businesses that focus on technology innovation. And of course this does not mean that we do not aim to keep track of this security

https://www.certik.org/projects/defiscale

Mary | Satoshi Club: Thank you for your answers! Ready to proceed?😀

Gold Rocket | Satoshi Club: Thanks for sharing👏

DeFiScale Team: As always 🙂

Q3 from Telegram user @Jonahapagu

Defiscale claims to provide the highest profit rate in the market, yet has a fixed return for it’s users with an APR of 25%. It is no longer news that alot of projects offer returns that are higher than this, this only means that your claim may not be valid, so apart from the fixed returns user’s get on your platform, what other forms of profit will they get for investing in your platform that makes your claim of being the provider of the highest profit rate in the market valid. Apart from investing the deposits of users, what other ways will Defiscale generate profit for it’s users that they can’t do on their own..

DeFiScale Team: You are correct. There are now a lot of projects with more attractive APR. At this moment. Our main advantage is that our profits – and your APR – is a result of real business. And what we offer is based on real business calculations. So short term, other projects may offer higher APR, but we are here to stay for good. And even if you are not convinced now, you will be able to see in time.

Also:

Mary | Satoshi Club: What are your plans for bear market? As you understand it will come one day

DeFiScale Team: do not forget that as reward of staking you receive DFC, that is related to profits of the business (we use the profits to buy DFC and burn)

The advantage of our project is that nothing changes for us in the bear market. Look at it this way:

1. significant part of our portfolio is and will be gambling projects.

2. people turn to crypto gambling because of regulations and PSP troubles with non-crypto online gambling

3. during the bull market now more and more people join crypto and this way learn how to become our customers

4. for people that just want to enjoy slots or financial betting it does not matter if BTC is at 50k, 60k or 10k. They just want to use it for deposit and play. And this is what we offer and this is how we want to profit

Mary | Satoshi Club: It has sense 😀

Thank you for your answers! Ready to jump to the next question?

DeFiScale Team:  yes, please 🙂

Q4 from Telegram user @h1drX

I was reading about DeFiScale but couldn’t find the platform creation date, I would like to know how long you have been in the DeFi realm and what are the feats and milestones of DeFiScale from its inception to today. Also, there are many platforms that have the same function as DeFiScale, why did you decide to launch DeFiScale and what is different and unique?

DeFiScale Team: Well, I believe you have already asked similar question. As DeFiScale, we have started in July 2020. But, as said before, the environment of our operation and portfolio projects is quite seasoned.

As for the second part of the question – our innovation is not with what we offer to the users. It is with how we earn to pay out your staking rewards.

Mary | Satoshi Club: Do you have competitors in crypto space?😀

DeFiScale Team: We are proud to be quite unique ;). But obviously, there is always competition – at least indirect. For sure we have a lot of competition as a staking platform – and during the bull market we may not be very attractive when you look at APR only. And there are a few launchpads that seek startup projects – some of them quite big actually.

But what makes us stand out is our focus on creating our portfolio according to our areas of expertise. And I strongly believe that it will be seen and appreciated in time. I am sure that profit mark will appreciate this approach 🙂

Gold Rocket | Satoshi Club:[13.05.21 21:44]

Thank you very much for your answers Slawomir! Ready for the next question? 🚀

Mary | Satoshi Club: It sound attractive!

DeFiScale Team: Sure

Thanks for your appreciation 🙂 And for your in-depth questions 🙂

Q5 from Telegram user @lzamg

It seems very easy to earn profits investing in DeFiScale, but that means that we have to trust that our funds are being used wisely. So can you explain what kind of investments does DeFiScale do to ensure that the users get their profits? What is the DeFiScale strategy to invest or what criteria do you based on to choose projects for investing?

DeFiScale Team: I am very happy that so many questions are in the are of how we generate our profits or how we invest staked funds. But the answer has been seen among the other questions. So:

1. First of all we are very open about how we invest and you can find it on our website.

2. Every project that we invest in is backed by our expertise in this field

3. Our criteria of selection – I believe Mary already asked about it 🙂

Mary | Satoshi Club:  And now you’re focusing only on gambling projects?

DeFiScale Team: The first projects that we launch is FinBet (financial betting platform) and ShadowBit (crypto online casino). So currently – yes, we focus on gambling. But among next projects that we announce launch dates there will be financial projects as well. And there will be a few that aim to launch this year.

Mary | Satoshi Club:  Ok, let’s imagine you find a good project what do you check first? I always wonder, how ventures choose their investments.

In which case you will reject to invest?

DeFiScale Team: Well, a wise man told me once:

Every early stage investment can result in loss of entire investment. But what you invest in can drop only to 0. And it can rise 10,20, 100 times.

So the first thing to check is the potential.

The second – team. Not who they are, but how they think and if the scope of the entire business and what is ahead is well thought through.

Gold Rocket | Satoshi Club: gold words👏👏👏

Thank you very much for your answers and clarifications! Ready for the last question of this part?

Mary | Satoshi Club: Yes, this are really wise words😀

DeFiScale Team: sure

Q6 from Telegram user @Jonahapagu

Defiscale has some financial products coming soon to it’s platform, these are BitAlerts, Roboadvisor, Dex, Algotrader, and BitFX. These are quite interesting products…. can you explain how some of this products will work especially your blockchain based forex platform Bit, how will this platform work. At the moment there are no timeline or roadmap for the launch of these products, so what is your roadmap for the launch of this products.

DeFiScale Team: There is a lof of projects in our pipeline. And as I mentioned before, we focus now on 2 sectors: gambling and financial markets. We have a lot of experience in both fields. And we have team members with massive experience in Forex and let me say – very successful experience. But we have a few gambling projects that will be launched before, so our Forex is a bit down the road. This means that we shall precise the launch dates of this and other projects in a few months. But – again as said before – rest assured that there will be financial project launch before end of this year

Gold Rocket | Satoshi Club: Well… this is a wonderful answer! Want to share your roadmap by the way?

DeFiScale Team: Well, I have shared what I could. We will announce more shortly, but just to highlight the most important nearest events:

1. Launch of FinBet – still in May, so within 2 weeks

2. Launch of ShadowBit – within 2-3 months. The plaftorm is being configured for us as we speak

We have our internal timeline, but we work a bit more agile to speed things up, so we announce our progress weekly for everyone registered with our platform or people that join our Telegram group

Gold Rocket | Satoshi Club: great plans for the future🚀🚀🚀

I also suggest before live part you share useful links with Satoshi Clubbers

DeFiScale Team: Thank you 🙂

So please find below our Telegram group:

https://t.me/dfcofficialgroup

And for anyone that wants to be more involved with us, we launch bounty campaign so that you can win some rewards and have fun on the way 😉 https://defiscale.medium.com/defiscale-meme-bounty-campaign-ec1081f33a

Part 2 — live questions from the Telegram community

Q1 from telegram username @highpee

DeFiScale is similar to a venture capital firm and gives users the ability to become early founders of project. How do you select projects to found or invest in? Will it always be limited to gambling projects and are there any plans for users in case an investments rug or fail?

DeFiScale Team: Hello Johnny, thank you for your question. The first projects are already selected based on the criteria that I shared in the previous part. And we look for projects that have proven successful in the non-crypto world. Therefore we look very optimistic at our portfolio. And you will be able to prove it very quickly – FinBet will be profitable very, very fast.

As for market sectors – we start with gambling, but we aim to move very fast to financial markets and then we open up for other projects. But we want at first to build a strong core in gambling and financial markets.

Q2 from telegram username @messilolz

Have your team got any plan to list on BSC  DEX pancakeswap, bakeryswap?

DeFiScale Team: Yes. Now we are working on allowing staking in other stable coins, but the next step in our IT development is multichain. And then, BSC DEX is on the list

Q3 from telegram username @h1drX

I was researching your sources of income to generate profits for users and I found that DeFiScale invests only in reliable and safe projects operating for several years, with a real business behind and with an established position in the market.  But haven’t you thought about investing in the stock market?  Many projects like you use these types of markets to generate income, do you plan to enter this market in the future?

DeFiScale Team: Ok, I will share something that is not on our website – one of the projects that is going to show up on our portfolio list is an investment fund (a real, licensed investment fund) that is going to invest in the stock market or automated trading on crypto etc. But this will be one of our portfolio projects.

To make a successful venture, you need some kind of investment strategy. And ours is to pick up crypto startups within our areas of expertise that have a lot of potential 😉

Q4 from telegram username @h1drX

I was struck by two things about your project, the first is regarding partnerships with other important projects for DeFiScale, I have not been able to find DeFiScale partnerships, you have no strategic partnerships with any other project?  If not, why?  And the second thing is regarding governance, does the DFC token possess governance?  If not, do you plan to implement this function in the future?

DeFiScale Team: Well, I think I picked another question by the same user ;). But they are so good ;).

We will announce a few partnerships shortly, especially after launch of FinBet. Not everything can be done at once.

Regarding governance, we aim to introduce it later this year and one of the things that tokenholders will be able to influence are next projects that we launch

Q5 from telegram username @ngohuynh

I believe that DFC is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with DFC? Do you have any ICO or maybe presale now?

DeFiScale Team: I am glad that you are interested. You can get our tokens as a reward of staking or purchase on an exchange – we are currently listed on HitBTC and CoinDeal. But we do not plan any other sales of tokens.

Q6 from telegram username @victorogb

How will DFC be impactful in the long-range, what barriers will it eliminate?

DeFiScale Team: Well, we are essentially the first blockchain venture. We wish that we are only the beginning of really introducing new crypto projects in an easy way also to people that are not very experienced in picking new projects for investment themselves. And actually in the first sale of tokens we got a lot of investors that bought crypto for the first time in their lives

Q7 from telegram username @cryptofollower

I see something on your website saying; the other reason that you may have issues with access to your account is that your account could be temporarily blocked. So isn’t it the reason why people move to decentralized finance and get rid of banks where they can freeze and block the account. What are the reasons you can block users’s accounts? What happens if you block them, can’t they use their assets or they can’t use your services with their external wallets like metamask wallet?

DeFiScale Team: Basically only security reasons – multiple password input failure, request from the email that the user registered with to block the account (when the user suspects security failure on their side) etc. Or attempt to hack into our system using the fact that the user is logged in.

Q8 from telegram username @KhaleesiTheCryptoLady

What new protocol does DeFiScale team plans to build out?

DeFiScale Team: I am not sure if this is what you asked but if the question was about building new protocol as a technology, then the answer is: none. We believe that crypto is meant not only to be used to build crypto, but also for everyone to build business on it, or to use it to pay etc. And we aim to be on the business side of things.

Q9 from telegram username @belkysgonzalez

You define the DFC token as a multipurpose token, so can you explain what are the main utilities of this token, apart from using it to reward users? And I read that the supply of DFC is limited to 2 100 000 000 tokens, so can you explain how is it distributed and how do you regulate the mining?

DeFiScale Team: Hi, thank you for the question.

We aim the token to be used to reward for staking, but we also buy back the token to utilize our profits. As well, there will be a series of bonuses in our portfolio projects for having or using DFC (every project will announce it separately and they will not be the same among projects). And we will announce governance model for our tokenholders shortly. So it is multipurpose.

As to distribution – the basics you can find here https://defiscale.io/our-token/ . As for minting – new tokens appear as a result of staking. They are minted according to market value of DFC. If the cap is reached, then the rewards will be paid out in stable coins.

Q10  from telegram username @boradam

Are there any plans on your end for margin, lending or yield farming in the future?

DeFiScale Team: DeFiScale will remain Venture Pad. But we aim to launch a series of financial projects down the line, and what I can tell you now is that margin trading will appear within 12 months.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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:

Telegram: https://t.me/dfcofficialgroup

Twitter: https://twitter.com/DeFiScale1

EpikGG x Satoshi Club AMA Recap from 13th of May

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 EpikGG and our guest was @AgentDarren and @theGamma – COO of Epik.. The AMA took place on 13th 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 EpicGG! Welcome to Satoshi Club😀

Paul Mont | Satoshi Club:
Today’s guests are @AgentDarren @theGamma ! Welcome! Great to have you here!

Gary M:
Hi everyone! great to be here.

Mary | Satoshi Club:
Welcome to Satoshi Club! How’s going?😉

Darren Smith:
Hello! Thanks for having us.

Paul Mont | Satoshi Club:
The pleasure is all ours! 🥳

Gary M:
Going fantastic. and you?

Mary | Satoshi Club:
Hello, Darren!

I am fine as well!

So, if we all are here let’s start 🚀

Paul Mont | Satoshi Club:
Please tell su more about your background. Also, how did you get into crypto? What are the essence & foundation principles behind EpikGG?

Gary M:
Sure!

Gary M:
Hi I’m Gary, COO of Epik. I’m responsible for Epik’s daily workflow and operations. I have over 16+ years experience in technology sales and other operational roles across multiple industries.

Prior to Epik, I’ve worked with some of the biggest brands and celebrity artists, producing large scale Ultra Music style concerts across the world. And now at Epik, we work with the biggest brands and IP to create premium digital merch and collectibles.

I actually got into crypto starting baack in 2013. so really watched it evolve to where it is now

Mary | Satoshi Club:
Wow, you’re veteran!

Gary M:
Despite the Elon situation lately, lol. I believe blockchain is transitioning to mainstream adoption. And that’s what EPIK Prime is about…. going mass adoption.

It’s been a roller coaster.

Paul Mont | Satoshi Club:
I have to admit, just by scrolling down the website you can see the whole Epik team boasts an amazing roster of professionals in various fields, especially in the gaming, marketing, and licensing industry…

You probably have so many creative juices flowing every day lol🚀

Mary | Satoshi Club:
Yes, Elon’s situation is… 🤦

So, you’re with EpikGG from the very beginning?

Gary M:
Yeah.. we are super blessed with an amazing team of talented professionals.

Yes, we founded the company around early 2018.

We’ve been doing NFT since before it was cool, and I’m certain we will be doing NFTs long after this initial hype is over.

To give you an idea about our expertise and commitment to the space; our CEO, who’s a computer programmer and following blockchain for many years, flew down to Dallas for the final ERC-721 code review. That’s when the standard was passed. Also, Will Entriken, the lead author of 721 is on Epik team. So, we’ve been involved with NFTs pretty much since their origins.

Mary | Satoshi Club:
I like such kind of a projects, you follow your idea, not hype

Paul Mont | Satoshi Club:
Amazing pedigree 😉

Mary | Satoshi Club:
I can only applaud to you👏👏👏

Darren Smith:
I’m Darren Smith: VP of Product here at Epik. I’ve been in the video game industry for all of my careers. I was at Nintendo for 20 years doing product development. I was a director there and worked on many great products from the N64 through the Wii and 3DS.

As an engineer, I had my eye on blockchain since early on, but had my own things going in games and didn’t get into it until I met the guys from Epik back when we first got started in 2018.

Mary | Satoshi Club:
You have really awesome start! Lucky man! 😉

Paul Mont | Satoshi Club:
Your business cards are a great introduction for today’s AMA! Thank you, guys!

Would you like to add something?

Or shall we proceed to the questions from the community?🚀

Gary M:
No, ready to continue 🙂

Q1 from Telegram User @pixma00

The Epikverse consists of our network of games, virtual reality spaces, and metaverses that can communicate with each other. This groundbreaking innovation will open up interconnectivity between all players of all games, and the best part is that eventually, you will never have to leave your favorite games because Epikverse will be everywhere you decide to play. What is Epik? What are the characteristics of this platform? How have they managed to add more than 250 game companies? How many average players benefit daily?

Gary M:
Epik is an NFT platform working with AAA gaming platforms and giant entertainment IP brands to create in-game NFT goods and marketplace.

We work with over 360 clients including half of the top 25 video game companies such as Tencent and Garena and global brands like Warner and Universal.

We specialize in unique NFT drops with many coming out this year from some of the biggest names.

Epik is different because we are both an NFT technical platform and the world’s leading digital agency that has already been producing in-game drops worth millions of dollars for the last 3 years.

Therefore, Epik solves the problem of content creation with our network of games, brands, celebs, artists, and influencers – creating unique, one-of-a-kind, and valuable content becomes simple with our massive network and experience.

Mary | Satoshi Club:
Did you already have some drops?

Gary M:
Our drops up to date have primarily been in-game drops with virtual goods.

To give you an example of a one not long ago, we put Ultraman (the #1 anime on netflix), into Arena of Valor (the #1 MOBA game in the world, a Tencent game)

This included playable characters, etc. from the crossover

We are now expanding upon that and working with our game company clients to enable them to incorporate NFT and collectible items in with the merch drops.

Mary | Satoshi Club:
Wow, that’s cool! When i am playing my old games on the phone i always imagine that i can have NFTs from them😂

Paul Mont | Satoshi Club:
I have to admit I followed Ultraman’s Epik “transposition” on Tencent’s Arena of Valor.

…and as an anime fan I honestly thought: “Wow, this Is TRULY EPIC!” lol 😁

I think also many movie series/sagas taught us about the value of crossovers, especially for fans

(Marvel pops into my mind naturally)

Gary M:
exactly! we help our game clients expand their product line within their games to carry a wider variety of merch.

NFTs!

Not only can you own a beautiful digital collectible.

Mary | Satoshi Club:
And this is real mass adoption 😉

Gary M:
By owning it, you will experience or receive in-game benefits and utility.

Tons of potential.

That’s the power of IP, and crossover.

Darren Smith:
Our goal is mass adoption. That’s why we are working with game companies with 100s of millions of users.

Gary M:
It combines the fan base from different markets and brings them together in a unique way that is meaningful to both audiences.

Mary | Satoshi Club:
Thank you for everything you’re doing! That’s what we need here!

Paul Mont | Satoshi Club:
Behemoth proportions 🔥

Darren Smith:
You’re welcome, Mary!

Paul Mont | Satoshi Club:
So exciting guys! And we need to know more!

So, ready for the next question? 😉

Darren Smith:
Ready.

Q2 from Telegram User @michelth

Epik works closely with top brands, game companies, record labels, and various global industry leaders to strategize, launch and support their NFT digital collectibles initiatives. Epik works with the top 20 video game companies like Tencent and Garena, and with global brands like Warner and Universal. What benefits are obtained through these associations? Can you tell us what the progress has been since its inception until now?

Darren Smith:
In the past 3 years, we survived crypto winter, and slowly built our client base from 1 client, to 5, to 10, to 50, to 100, to now over 300.

They say Rome wasn’t built in a day.

That is certainly true for Epik.
So, we are not some new company coming out of nowhere just because NFTs are suddenly popular 🙂

Our CEO was at the ERC721 code review for the final pass

Mary | Satoshi Club:
And i want to tell that you started at right time and now you’re here in time with great partnerships and products😉

Gary M:
Epik items are official name-brand licensed NFT merchandise. Epik items are produced from collaborations between brands and digital platforms and they are specifically designed to deliver you brand new immersive experiences.

Paul Mont | Satoshi Club:
So true 😉

Besides, I believe we are still in the phase where people are yet to realize the true potential of NFTs – which I think are still considered by most just “pieces of art that are sold by artists”, sometimes for huge sums – that’s what has been hitting the headlines so far.

Mary | Satoshi Club:
Can you tell us drops from which brands we will have soon?😉 We are the best community to keep secrets!😂

Gary M:
You are absolutely right.

We are only just scratching the surface of the potential for NFTs

Digital art is amazing.

And it’s an easy use case to understand.

Because it’s a single item. unique items. and people can understand collexting and own.

Just like real art.

There is so much more.

Which is where EPIK Prime is leading the way for.

Creating unique pieces, tied to real value or exclusive experience.

As mentioned above, those could be tied to utility in digital worlds.

Or even to real life.

Paul Mont | Satoshi Club:
Thank you very much for the comprehensive answer, which is also a great segue for the next community question, I believe 😉

Are you ready?

Gary M:
Let’s go!

Q3 from Telegram User @Arisabela

I was present in a previous AMA and you gave an example of your NFTs utility like buying a Lady Gaga NFT and with it the owner gets VIP tickets to her concert tour, you said you’ll have to make that a prize for next AMA session, are we there already? I know maybe this is all hypothetical but it’s fun to think of these examples, how are you going to create a real connection with big artists and influencers?

Gary M:
hahaha…. @Arisabela is a genius

I wish we can be like Oprah right now. Lady Gaga tickets for everyone!!

🤣

Paul Mont | Satoshi Club:
Yeap, she definitely is 😂

Gary M:
However, she is on the right track.

Paul Mont | Satoshi Club:
We couldn’t hop onto this chance, could we? 😉

Gary M:
We mention these things, because they are not purely hypothetical..

These are the things you will see coming from EPIK Prime.

Regarding to celebrities and musicians etc…. we work with all the bigggest record labels.

Warner, sony, Universal, spinnin records… etc.

Not only is EPIK Prime a blockchain technology company.

We are also a leading digital licensing agency.

This means we have access to 1000’s of brands.

We work WITH brands and IP owners, bringing their IP and content into more digital environments.

Like the ultraman crossover example above.

Paul Mont | Satoshi Club:
KORN’s grand opening on the Battle Concert Arena event 😉

Gary M:
That was so awesome…

Paul Mont | Satoshi Club:
I am a KORN’s fan as well, so I can relate too easily lol

Gary M:
Digital mosh pit!

Yeah that’s a great example of how working with our brand partners, we can create truly unique and original content that is meaningful.

Mary | Satoshi Club:
When we will be able hipothetical to buy such kind of NFTs?😀

Gary M:
Take the KORN virtual concert event that we produced there in collaboration with Advenrture Quest game.

KORN was actually touring on the road, in real life at that time.

So while they were tuoring, we produced that virtual concert event.

Their message to fans was: Hey, come to our show on tour. but if you can’t make it, join us in our virtual concert series.. produced by EPIK.

We have in-game NFT drops happening with AAA game companies this year.

Gary M:
🙂

Mary | Satoshi Club:
I am definitely will follow this drops! Btw, which requirements do you have to join them?

Gary M:
hehe… buy $EPIK, and become an EPIK Prime member

Paul Mont | Satoshi Club:
Wait, next question is just about Epik and Epik Prime membership 😉

Mary | Satoshi Club:
Yes🚀

Gary M:
EPIK Prime members get first dibs and access to more exclusive drops and auctions etc.

Q4 from Telegram User @KeymerS

Could you tell us a little more about the difference between Epik Prime and Prime+? What benefits does each one really provide? And what are the requirements to be able to belong to that membership?

Gary M:
Epik plans to automatically enrol its customers into Epik Prime as their digital item purchases accrue. Customers who meet the minimum spending thresholds will receive Tokens, and therefore qualify for a membership in Epik Prime. Members of Epik Prime will have access exclusive items, discounts and services that would otherwise be unavailable, or available at an additional cost, to a user who is not a member of Epik Prime. Members who hold more Tokens will have the right to enjoy higher level of priviliges.

Mary | Satoshi Club:
How much tokens we should hold?

Gary M:
The levels required will be published and will be adjusted from time to time, taking into acccount the price value of $EPIK

Paul Mont | Satoshi Club:
By the way, it just happens that a little bird told me about an upcoming $EPIK DaoMaker launch?

Provided that it’s not classified information, is that true and can we expect you launching $EPIK on various other launchpads?

🙃😁

Gary M:
Which bird was that?!

Paul Mont | Satoshi Club:
Haha we at Satoshi Club are very caring of our top secret birds.

Gary M:
We’re going to have to speak to those birds about their NDA.

Paul Mont | Satoshi Club:
😂

Gary M:
🤣

Paul Mont | Satoshi Club:
Thank you @theGamma for your clear answers! 😁

Gary M:
Yes…. please visit www.daomaker.com

Information will be announced about an upcoming $EPIK launch.

Paul Mont | Satoshi Club:
Amazing! Thank you!

Ready to hop onto the next question? 🚀

Darren Smith:
Let’s go!

Gary M:
As long as it’s okay with your birdies

Paul Mont | Satoshi Club:
Hahaha

Here we go 😁

Q5 from Telegram User @ngohuynh

That is really cool to see the length of history in your utilization of ethereum for NFT. Can you point us to this smart contract for review? So if I understand correctly technically Epik is Launching official NFT blockchain collectibles in games of clients using Ethereum. As Ethereum requires gas fees and on/off-chain communications with the client games these need to be managed. How is this done exactly?

Darren Smith:
We started working with Ethereum our beginnings in 2018. I’ve been an engineer for more than 20 years, and understand how to build and scale massive products. We are implementing a series of hybrid solutions to create the best possible user experience, and minimize fees. We want this product to be mass-market.

Mary | Satoshi Club:
Layer 2 solutions? Also, did you ever think about launch on another blockchain?

Gary M:
Also, because EPIK Prime works with our clients, and we are all trusted entities with each other, we can implement solutions to reduce the challenges others would face in regards to confirmation times, fees, etc

Darren Smith:
When the NFT lives within our platform, gas fees are not applicable.
Only when items leave, will the user (sender) incur the gas fee
when I say ‘our platform’ this doesn’t just mean Epik’s own marketplace etc. It also includes our client network (game company’s, digital platform).
Epik is a network of marketplaces, is a good way to visualize what we are and the scale we are.

Gary M:
Yes, there is continual evolution in the technology. we’re evaluating many different solutions all the time, to give our users the best possible experiences

Paul Mont | Satoshi Club:
Great, crystal clear guys! 💎

Mary | Satoshi Club:
Ok, we will wait for the updates regarding this, sure, you will find the best solution

Paul Mont | Satoshi Club:
Last question for this very first part of the AMA.

Are you ready to go? 😉

Gary M:
Fire away.

Q6 from Telegram User @lzamg

Going through your website, I noticed that you have accomplished lots of great things, like the cross-over collaborations or the concerts during the pandemic situation. So I would like to know what is the next step? Epik is a really big project right now, so what are your plans to take it to the next level?

Paul Mont | Satoshi Club:
@lzamg already acknowledges the great milestones and accomplishments you’ve managed to achieve so far 😉

Mary | Satoshi Club:
We want more news from birds😂

Gary M:
Haha…

Darren Smith:
Lots of good stuff coming up. Expect some more drops, more collaborations, more ultra-unique NFTs that give users value and utility beyond just the visual asset.

Gary M:
We also have many many more partnerships and collaborations; that could be with your favorite mainstream game, or other crypto metaverses and platforms you are already familiar with

Epik is a B2B company, and we work with everyone.

It’s through this collaborative approach that we are able to create ultra-unique content.

Mary | Satoshi Club:
Oh, we are familiar with some platforms and will be waiting for this news!

Gary M:
and also make them accessible to users and fans in all different kinds of ecosystems

Paul Mont | Satoshi Club:
By the way, any relevant business/company can apply for a partnership? Is there an evaluation process on your end and, if so, what kind of?

Mary | Satoshi Club:
I see you prepared a lot of things to keep you community excited during all bull market 😂

Gary M:
Yes, we’d love to hear from the community and the blockchain industry

If there’s anything we can to do help support and grow this industry together, we’re super interested.

Yeah, i mean it’s important to consider that we are not an overnight company.

We have been building a robust global network of businesses for the past 3 years.

So much of the work we put in will be starting to come to market this year and beyond

Paul Mont | Satoshi Club:
Amazing, thank you very much for your answers guys 🔥🔥🔥

Darren Smith:
Our pleasure!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ngonguyenkhang
It seems like the bread and butter of Epik lies with it’s facilitation of crossover collaborations between brands and games. What exactly does Epik do for brands and digital platforms (games) to help them find each other and collaborate successfully?

Darren Smith:
Epik items are official name-brand licensed NFT merchandise. Epik items are produced from collaborations between brands and digital platforms and they are specifically designed to deliver you brand new immersive experiences.

It can be very difficult to navigate the world of licensing, and find the appropriate people to talk to etc.
That’s where Epik comes in, with our relationships and client network.
For example, one of our clients is Tencent.
Does Tencent have their own BD team, that can source and procure IP content? They have a huge team, but they still come to Epik.
We can still help, support the objectives and needs they have
for IP.

Q2 from Telegram user @Arisabela
Your project was recently reviewed on a cryptocurrency website as the leading B2B NFT platform, currently you are working with many companies but not all of them are related to cryptos, it would be interesting if you tell us more about your non-crypto partners and their contributions to your platform.

Gary M:
You’re absolutely correct. EPIK Prime works with crypto companies/platforms and mainstream games, AR/VR, metaverses etc.

The majority of our clients are actually non-crypto. That’s where the mass users are. Some of our Mainstream games clients have 100s millions of DAU. this is how EPIK Prime brings mass adoption.

And by working with these mainstream platforms, and bringing NFT and blockchain assets to their user base, we bridge the crypto and non-crypto alike.

Q3 from Telegram user @highpee
You talk about different membership level of Epik users. Do user acquire member status automatically or are there subscription cost which users must pay either monthly, quarterly or yearly membership to activate a membership status?

Darren Smith:
Your membership level will be based on your Epik tokens. The more you have, the higher your level, and the greater benefits you’ll get.

Q4 from Telegram user @vedamatrix
Where can I buy NFT’s belong to the Epik and where can I trade them?

Gary M:
We’re launching our own marketplace very soon. You can get Epik NFT items here. www epikprime dot com.

Additionally, many of our NFT items will also be available in other marketplaces and stores.

what i mean by that is…. Epik is a network of marketplaces. Each game and digital platform is essentially its own marketplace. Through our collaborations…. NFTs will be made and dropped here as welll

Q5 from Telegram user @cindy_crypto
Is it possible you to work with Elon Musk and create NFT’s special for Elon?

Gary M:
That would be absolutely amazing wouldn’t it? We should all launch a Twitter campaign together to make it happen!

Elon Musk x Epik Prime-exclusive NFT.

Q6 from Telegram user @cryptofollower
There is a meme competition ongoing as I see on your twitter page so what are the details and how can we join to it?

Gary M:
Thank you for asking! Yes, please follow @epikprime telegram channel, and join the contest.

#EPIKMEMES

We look forward to seeing some amazing creative submissions. Good Luck!

Q7 from Telegram user @mucana
Which wallets will EpikGG support? Can you explain his list?

Gary M:
$EPIK is an ERC-20 token. Any compatible wallet will work.

Q8 from Telegram user @testercoin

Hi @AgentDarren Why did you quit your job at Nintendo after 20 years and join the crypto world?

Darren Smith:
I left Nintendo because I had achieved the vision for online games that I had when I started in 1990, which was to enable multiplayer gaming, downloadable games, and eCommerce. I was able to help bring all of those to life and added a streaming video (unheard of in 1990) and social media integration.

When I saw what was possible with NFTs and games, I had to jump in. It was an extension of the vision I originally had, and I was fortunate to be introduced to Epik’s visionary CEO. It was a perfect match.

Q9 from Telegram user @smelekin
Hello @theGamma are you holding any bitcoins where you bought back in 2013?

Gary M:
Hahah…. 🙄

Q10 from Telegram user @tatarrama
Not all gamers are crypto users. What incentives will you have to attract players who are not familiar with crypto to grow further in the gaming industry and the ktipto industry? How will you reach all the players?

Gary M:
You’re exactly right. Although all of us here in this group are very familiar with crypto (compared to the average person). The mainstream is still very non-crypto.

Epik hopes to lower that friction for entry.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of EpikGG. 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:
EpikGG Telegram community:  https://t.me/epikprime
Twitter:   https://twitter.com/EpikPrime

Torum x Satoshi Club AMA Recap from 11th of May

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 Raini and our guest was @Jayson9711 – co-founder and CMO of Torum. The AMA took place on 11th 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 Torum! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Hello again, dear community!

Today our guest is @Jayson9711!

Jayson | TORUM.com (will never DM you):
Hi everyone, thanks for having me here

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, Jayson!

How are you doing?

Jayson | TORUM.com (will never DM you):
I am all good

Excited to be here!

Gold Rocket | Satoshi Club:
We are also very excited about the upcoming АМА 😊

Let’s start!
Introduce yourself, please. How did you get to be involved in crypto & Torum?

Jayson | TORUM.com (will never DM you):
I am Jayson, the co-founder and CMO of Torum. I started my journey in the crypto space back in 2017, back before the 2017 bull runs started. I was a college student and studying with the CEO of Torum, Yi Feng Go.

Gold Rocket | Satoshi Club:
It’s amazing!

Jayson | TORUM.com (will never DM you):
He introduced cryptocurrency and blockchain to me and soon we got the balls rolling really deep into all these 2017 coins.

Back then, the 2017 bull run didn’t last very long. And after that, we have seen that the industry has a lot of issues like scams are everywhere, projects do not have a cost-efficient marketing channel, and community is super segregated across different spaces

Mary | Satoshi Club:
Yes, 2017 was crazy, but as I see 2021 is also crazy enough 😉

Gold Rocket | Satoshi Club:
Yi Feng Go raised himself an excellent companion in you

Jayson | TORUM.com (will never DM you):
So, we thought that the industry needs a platform that can solve all these 3 problems at once, and then the idea of a crypto social media comes into mind. What’s better in connecting cryptocurrency users than a social media platform right?

We called it the Tokenized Forum and then abbreviated it into Torum, which is the combination of both words

Fast forward to this day, Torum is now a social media platform with over 40,000 cryptocurrency users from different parts of the world.

Gold Rocket | Satoshi Club:
It sounds pretty good👍

Jayson | TORUM.com (will never DM you):
Done.

Mary | Satoshi Club:
Oh, I thought about your name, now everything is clear 😃

Jayson | TORUM.com (will never DM you):
We were glad that the name came naturally haha haha.

Mary, can you have a look at my dms? I messaged you something earlier

Gold Rocket | Satoshi Club:
@Jayson9711 Thank you very much for the great intro! ready to move on to questions from the community?

Mary | Satoshi Club:
Done.

Jayson | TORUM.com (will never DM you):
Cool.

Sure, let go! 🚀

Q1 from Telegram User @Xusuo
Torum is a social media platform that specially for cryptocurrency user. If we speak about social media, there is already so much out there for example like Facebook, Instagram, Twitter, etc. So besides Torum is special for crypto user, what new innovation do you bring to your platform? What user possible to do inside Torum’s social media?

Jayson | TORUM.com (will never DM you):
Unlike other social media peers, Torum is the first DeFi and NFT-infused social media platform that is specially designed for the cryptocurrency users. So, our target market is different and super niche.

By being a DeFi and NFT-infused social media platform, Torum will be launching an NFT marketplace and a DeFi platform within its own ecosystem. The ability to adopt these crypto innovations (DeFi and NFT) as a social media project is none seen before.

We can think of Torum as a one-stop ecosystem where we can socialize with crypto enthusiasts from different parts of the world, while having the option to swap tokens in a DeFi platform or list and trade NFTs in a dedicated NFT marketplace.

Mary | Satoshi Club:
So, just cryptocurrency 😃 don’t you afraid that when bear market will come you won’t have a lot of users? Do you have plan?

Jayson | TORUM.com (will never DM you):
We should be. In fact, many people questioned our decision to design the platform for the cryptocurrency users as the market size might be too small to justify.

Gold Rocket | Satoshi Club:
I have no doubt that you will be on top of your success.

thanks a lot for the answers! ready for the next question?

Jayson | TORUM.com (will never DM you):
However, when the bear market comes, discussion will still continue in any way. We are all humans, and we always need a place to express our thoughts. Where are you going to find a place that is filled with cryptocurrency addicts and discuss about crypto?

This is why Torum is needed where you don’t need to find a place anymore. Every person on Torum is cryptocurrency enthusiast, so even when the bears come, the community on Torum is all the reason that you need to get onboard the platform. That’s the value that Torum provides when none of the existing crypto social media peers can offer.

Cool, let’s go

Q2 Telegram User @Highpee
You have plans to develop your own NFT marketplace and also from your roadmap, I can see that you will have programmable NFTs (pNFT) which you said will have the ability to change appearance based on some set variables. Firstly, What special features and quality will be implemented in Torum NFT marketplace, and what additional benefit will it bring to your community of social users and artists? Also, how are programmable NFTs able to change appearance based on user’s profile? What benefits can one access from holding pNFTs and what utility value will pNFTs offer over normal NFT?

Jayson | TORUM.com (will never DM you):
The programmable NFTs of Torum is perhaps the first social-infused NFTs that are yet to be seen in the market. Imagine that every social media profile has its own NFTs that changes its appearance according to the activeness of the user on the platform.

The factors that determine the pNFTs need not be just activeness. We can work around with it. Maybe by possessing an NFT from other projects can change the appearance of the NFT as well? The potential is immense here. And think about when you can sell the pNFTs on Torum NFT marketplace.

Gold Rocket | Satoshi Club:
To be honest, it’s hard to surprise me with something in crypto. but this is something new… 😁 Do you have the opportunity to demonstrate something?

Jayson | TORUM.com (will never DM you):
As each profile only has one unique pNFT, the scarcity of the token comes into place

Mary | Satoshi Club:
So, you will have pNFT for each profile? If i will be your user i will also have it?

Jayson | TORUM.com (will never DM you):
In future, we might be implementing a unique badge system for accounts with super rare pNFTs to make the platform gamification even further.

Haha haha, unfortunately, the idea is still under development as it is going to involve smart contracts. We can working with multiple parties to include as many elements as possible in it. The more variable factors that we placed in it, the more fun every user can ticker with the pNFTs.

Yes, it is going to be available to all users on Torum.

And the best part is, you decide how the NFT shall appear

Mary | Satoshi Club:
Will I be able to sell this NFT?😉

Jayson | TORUM.com (will never DM you):
Yes, you can. From Torum NFT marketplace to Binance NFT. 🚀

Mary | Satoshi Club:
Torum will support only BSC?

Jayson | TORUM.com (will never DM you):
We are based in BSC, but we are totally open to extending other blockchain networks. This is why we have established a partnership with Poly Network for cross-chain interoperability. They have just deployed the first cross-chain NFT feature yesterday. So, cross-chain is the way to go.

Mary | Satoshi Club:
👍

Gold Rocket | Satoshi Club:
Undoubtedly cross-chain solutions are very important🚀

Jayson | TORUM.com (will never DM you):
Once the platform scales to a point, we will be going for the Polkadot para chain slots.

Mary | Satoshi Club:
Wow, that’s cool! Wish you success with this!

Gold Rocket | Satoshi Club:
Great answers!😊

Mary | Satoshi Club:
Thank you for your answers! Ready to proceed?

Jayson | TORUM.com (will never DM you):
All good to go.

Q3 from Telegram user @cryptofollower
Right now almost all the crypto communities on the telegram. As torum is a social media platform designed to connect worldwide crypto users what are the features you are implementing that’s better than telegram? Could you please list some of the key features of TORUM’s Mobile App? Also is it possible for crypto projects create their Torum accounts and build communities on Torum or is it only for individual people like influencers? So, what is Torum as a social media platform?

Jayson | TORUM.com (will never DM you):
Let’s start with the 1st question. As a social media platform designed for cryptocurrency users, Torum is one of the first few social media projects that is infused with crypto elements.

From the most simple things like emoji, Torum come up with a free pack of crypto-themed emotes that provides everyone a smooth and friendly way of interacting with cryptocurrency enthusiasts.

From DOGE to Craig Wright, the crypto-focused nature of Torum is what makes it unique.

Having crypto-themed gifts that incorporate the history and culture of cryptocurrency is something Telegram couldn’t offer.

Mary | Satoshi Club:
They look awesome 😍

Jayson | TORUM.com (will never DM you):
Aside from that, Torum will also be launching our NFT marketplace and DeFi platform, meaning the platform will soon be accommodating the needs of DeFi degens and crypto artists all in a single ecosystem.

Mary | Satoshi Club:
Will it be available on your app?

Jayson | TORUM.com (will never DM you):
For the mobile app, it’s basically an app version of what we have seen on Torum.

Jayson | TORUM.com (will never DM you):
Yes, it will be hahahahaa. Every single one of them.

Mary | Satoshi Club:
Fantastic! So, it will be easy even for newbies to use it!

Thank you for your answers! Ready to go to the next question?

Jayson | TORUM.com (will never DM you):
Yes, the platform is optimized for both crypto projects and influencers. For projects, they can build their profile and start promoting to the community. Promoting on Torum is a big yes because every user on Torum knows and loves crypto. This is the target market that projects desperately wants to attract. For influencers, it works the same as well. Because the target market is found on Torum, it makes the platform super valuable to everyone.

Ready, Mary!

Q4 from Telegram user @surendra040
It is unfortunate that ISNO public sale was affected due to congestation of blockchain network. What will be your next step now and how badly it has affected on project? do you have any changes in your roadmap and timeline? Also, when will you schedule your next public sale?

Jayson | TORUM.com (will never DM you):
ISNO, or Initial Staking NFT Offering event has just been completed 2 hours ago. All 363 units of NFT issued in the events have all been sold in just 20 minutes. So, the blockchain congestion yesterday has no impact to the project. In fact, we are amazed to see that the community is showing full support towards the project.

So, we are not changing any roadmap or timeline. As our ISNO event is now complete, we will move on to our upcoming tri-launch IDO public sale event.

Done.

Gold Rocket | Satoshi Club:
Congratulations🎉

Mary | Satoshi Club:
Great job! Congratulations!

Jayson | TORUM.com (will never DM you):
Thank you 😁

Mary | Satoshi Club:
Did you already choose platforms for IDO?

Jayson | TORUM.com (will never DM you):
We have announced our first IDO partner, Zendit, which is the launchpad of Mantra DAO. We are in the final discussion phase with our second and third partner.

Probably, the news will be announced in the next few days 🚀

Mary | Satoshi Club:
We will follow your updates 🔥

Thank you for your answers! Ready to jump to the next question?

Jayson | TORUM.com (will never DM you):
Let’s go.

Gold Rocket | Satoshi Club:
Тhanks a lot for the answers!

Q5 from Telegram user @Jonahapagu
Somewhere on your road map is a mining simulator video game.. can you explain how this video game will work, how can users play the game…. will this just be a regular video game or will users be able to get real-life rewards playing this game?

Jayson | TORUM.com (will never DM you):
The mining simulator game is a playground where every Torum user can participate in a global virtual mining game. So, everyone will have the option to buy virtual mining rigs, build their mining farms, etc, with our native token – XTM.

By participating in this game, the players will receive reward based on their contributed hash stake to the game. The more your hash stake, the bigger your mining reward. The reward will be provided using 15% of the ecosystem’s quarterly profit.

The idea came when we were thinking of combining cryptocurrency mining, gamification and value sharing with the community.

Mary | Satoshi Club:
We like virtual mining! When do you plan to launch it?

Jayson | TORUM.com (will never DM you):
So, we thought since the foundation of the crypto space is mining, why not build a mining simulator game?

Gold Rocket | Satoshi Club:
Tell us please about your tokenomics, btw.

Jayson | TORUM.com (will never DM you):
It will be launched by the end of H2. We do not want to overpromise for the sake of hype. There is a lot of details that need tinkering with the Mining Simulator Game. With the support of Torum’s VC partners like AU21 and DFG, we are confident that the game will have a smooth launch by the end of H2.

Mary | Satoshi Club:
We will wait. for this exciting event 😉

Jayson | TORUM.com (will never DM you):

Sure, here is the tokenomics distribution of Torum.

We have just completed our ISNO Public Round a few hours ago

At the end of the day, the team will only receive 25% of the total token supply where the community will have a total of 40% from Ecosystem and LP Incentive.

The idea is to ensure that the overall consensus of the projects stay with Team and we slowly return the power back to the community, when XTM becomes a governance token.

The others are mostly like what other projects are doing. It’s the industry standard.

Gold Rocket | Satoshi Club:
Thank you very much for the detailed answer.👍

Jayson | TORUM.com (will never DM you):
During TGE, Torum will have < 2% total token supply in the market and the market cap is around $1.5M. The token public sale price is going to be $0.08. So, be prepared for the IDO event!

Gold Rocket | Satoshi Club:
It sounds great! 👏👏👏

Gold Rocket | Satoshi Club:
Ready to proceed to the last question of this part!

Jayson | TORUM.com (will never DM you):

Let’s go

Q6 from Telegram user @Korryl
Today Torum just launching about Staking NFT Offering event on your platform. So what is this event about? Do we possible to stake NFT and get a reward an NFT? How does the event work and how to participate?

Jayson | TORUM.com (will never DM you):
So, the Initial Staking NFT Offering event is invented by Torum, where instead of the regular INO events, every NFT issued under the event comes with a permanent staking multiplier effect and a fixed amount of XTM in it.

The idea is to provide utility to the NFT issued under the event, not as an airdrop NFT or an NFT that is purely for amusement. Once the NFT is purchased from the event, the holders can proceed to stake it in our DeFi platform, Torum Finance to multiply their LP stake.

This means that a LP participant with an ISNO NFT will always have a competitive edge over those who do not possess the NFT. Regarding the participation method, you can may find it here: https://torum-isno.s3.us-east-2.amazonaws.com/announcing-torum-initial-staking-NFT-offering-ISNO.pdf

Unfortunately, all 363 ISNO NFTs have been sold off completely a few hours ago.

Mary | Satoshi Club:
🔥🔥🔥🔥

It’s awesome! Everything is clear! And i have just one last question from this part 😂

What about your platform audit? Is your platform and smart contracts secure?

Jayson | TORUM.com (will never DM you):
So, Torum is an 11 months old off-chain social media platform, meaning the platform is not hosted on blockchain. This is to achieve the best user experience for the Torum community. But the platform is integrated with Web 3.0 elements like Metamask to provide on-chain transaction. As the platform is not built on blockchain, the audit is not required.

However, Torum’s upcoming major developments, Torum NFT Marketplace and Torum Finance v1.0 (DeFi Platform) are complete Web 3.0 projects of the Torum ecosystem. We shall make sure they are fully audited and released to the public for transparency before launching the platforms.

Mary | Satoshi Club:
Perfect 🌟🌟🌟

Jayson | TORUM.com (will never DM you):

Some UI Teaser of Torum Finance

For a complete experience, please visit: https://defi.torum.com/

A security audit is super important and we will work with the tier 1 smart contract audit firms before the launch

Mary | Satoshi Club:
Sure! Happy to hear this 🤗

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Ratash97
What are XTM use cases in the social media platform?

Jayson | TORUM.com (will never DM you):
So, we have 10 ways on how we can use our native token, XTM. You can purchase crypto-themed gifts on Torum and send it to any person you like on the platform.

In the near future, we are going to launch Torum NFT marketplace and Torum Finance, where XTM will be the primary medium of exchange powering the two decentralized applications. We can trade and list NFTs on the NFT marketplace and use XTM for staking on Torum Finance.

There are more utilities coming up like bidding for ads slots with XTM or boosting your content on Torum social media with XTM. I am pretty excited about how we can introduce more token utility cases to the community.

Q2 from Telegram user @Arriiiaaaannnnna
Without proper marketing, a project dies like a dead river. So, how strong is your word to mouth marketing and how do you planning to raise capital?

Jayson | TORUM.com (will never DM you):
We have over 18 cryptos VCs, supporting us, like AU21, DFG, Consensub Lab, Redline Capital, Waterdrip Capital, Worshipper Capital, Oasis Capital, Momentum 6, Chain Capital, Hotbit, Angle One, N7 Labs, Lotus Capital, IDC, Ticker Capital, Blockhunter Capital, BKEX, Crypto Planet, and AIDOC. So, capital raising isn’t the priority of Torum at the moment. https://medium.com/torum-official/torum-closes-1-45m-private-round-with-prominent-crypto-vcs-6ac96c8aa80d

One of the best things about a social media project is the product has the inherent user stickiness factor. The longer a user stays on the platform, the stronger the word-of-mouth marketing effect. In one year, Torum will be one of the few prominent social media projects in the crypto space.

Q3 from Telegram user @Indomiekuy
Since you are a social media project about crypto,
I want to ask about how are your privacy protection for user or company that doing registration in Torum platform? As we know facebook’s data has been leaked a few weeks ago, how do Torum try to prevent a same accident that happens with Facebook? Does your user need to do KYC?

Jayson | TORUM.com (will never DM you):
Nope, as a crypto social media project founded by cryptocurrency enthusiasts, Torum strictly prohibits any action of data mining or harvesting. In future, if Torum is going to launch our ads system, it will not collect user data without the permission of the community. If the community decided to share their data, they will be rewarded with the ads revenue, just like what Brave is doing.

Q4 from Telegram user @JoxesXIII
Many of us chose crypto because it not only offers us financial freedom but also freedom of expression. Will Torum respect users by not censoring them, something that twitter and facebook do on a daily basis (deliberately shut up users)?

Jayson | TORUM.com (will never DM you):
We understand the sensitivity of freedom of expression. As long as it does not translate to violence, killing or any harmful consequences, any form of expression will be respected on the platform.

We don’t do censorship here. Because we don’t like to be censored. Torum is founded by crypto enthusiasts, so we understand your concern and will never cross that line ourselves.

Q5 from Telegram user @feranno
Some of the new crypto projects initially impressed investors/users with their positive features but later deceived people by fraud. For this reason, how will you resolve the doubts that arise against all projects?

Jayson | TORUM.com (will never DM you):
Ever since Torum is launched back on the 1st of July, the team has adopted a community-first approach where every major decision making will involve the community. This ensures that the project will never stray away from the community, which is the essence of Torum.

It’s all about communication in the end. If you are connecting with the community at a grassroots level like what Torum is doing, you have no fear of any doubts because there will be none.

Q6 from Telegram user @cryptonation2
How old is your project? can you tell us the background of your project, team, and investors?

Jayson | TORUM.com (will never DM you):
Torum was founded by 5 cryptocurrency enthusiasts back in November 2018. It all started when my childhood buddy Yi Feng Go, who is also the founder and CEO of Torum decided to build a crypto social media project. As our CEO is the first crypto influencer in Malaysia, we managed to raise $300,000 pre-seed funds from his followers, which is also the first 1,000 seed users of Torum. From here, we grow slowly and organically into a community of 40,000 users from every corner of the world.

Fast forward to this day, Torum operates on a distributed team, like Binance. We have a team of 23 personnels from Malaysia, India and Turkey, where half of the team are developers.

Q7 from Telegram user @To_Mars
When will you shift TORUM hosting to IPFS?

Jayson | TORUM.com (will never DM you):
Yes, we will. Currently, every piece of information on Torum is hosted on centralized databases. We do it because it is cheaper and the user experience is better. However, by the coming July, we will initiate the data migration process from centralized servers to IPFS.

Q8 from Telegram user @rockmorti
I am concerned if this platform is decentralized or just looking for adoption? will there be governance within Torum to be able to discuss the most essential points of the platform?

Jayson | TORUM.com (will never DM you):
The platform is not built on a decentralized infrastructure at the moment. We call it a hybrid decentralized model, where we have both on-chain and off-chain elements on the platform. For example, you can log in to your Torum account using the classic email password method, while also gain access to Web 3.0 elements like Metamask.

Currently, our native token is not a governance token, so there is no clear community governance in the project. But, we are working with several DAO projects to build a comprehensive, easy-to-use, and smooth DAO model for our community. Once that is up, we will integrate governance functionality to XTM.

Q9 from Telegram user @joson0305
Partnerships seem to be very important. How’s the status of this project partnership? Can you share some of the partnerships you have formed with existing blockchain foundations recently?

Jayson | TORUM.com (will never DM you):
Recently, we have formed a partnership with reputable projects in the crypto spaces, like

  1. Poly Network, a cross-chain interoperability protocol that is building the next generation internet infrastructure by integrating main public chains, like Bitcoin, Ethereum, Neo, Ontology, Elrond, Ziliqa, Binance Smart Chain, Huobi ECO Chain and Cosmos-SDK.
    https://medium.com/torum-official/torum-partners-with-poly-network-for-cross-chain-integrations-9d9c728b42e0
  2. MANTRA DAO, a community-governed DeFi platform built on Parity Substrate for the Polkadot ecosystem, that is focusing on staking, lending, and governance.
    https://medium.com/torum-official/torum-partners-with-mantradao-for-zendit-ido-collaboration-bb50c8121276
  3. Kylin Network, a Polkadot-based data infrastructure for DeFi and Web 3.0, whose vision is to build a cross-chain platform powering the data economy on Polkadot.
    https://medium.com/torum-official/torum-partners-with-kylin-network-for-cross-chain-data-and-oracle-b4834616df6e

However, this is just the start, as more will be released in the next coming tri-launch IDO public sale event.

Q10 from Telegram user @To_Mars
Does TORUM get insurance against hacks in case of a black swan event?

Jayson | TORUM.com (will never DM you):
Not yet at the moment. But we are leveraging on our VC connections to get in touch with some of the best blockchain insurance projects in the space.

If you would like to know more about it, you may try and research our VC’s background for some hint 🤓

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Torum. 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:
Torum Telegram community:  https://t.me/torum_official_group_en
Twitter:  https://twitter.com/torum_official

AMA Satoshi Club x NFTify, May 26th

We are pleased to announce our next AMA on May 26th 2021 at 03:00 PM UTC Time: Satoshi Club x NFTify

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

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

Part 3: 300$ – A quiz about NFTify

For more details:
NFTify Website – nftify.network
NFTify Telegram – @nftify_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x BTC Proxy, May 24th

We are pleased to announce our next AMA on May 24th 2021 at 01:00 PM UTC Time: Satoshi Club x BTC Proxy

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

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

Part 3: 300$ – A quiz about BTC Proxy

For more details:
BTC Proxy Website – btcpx.io
BTC Proxy Telegram – @BTC_Proxy
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish