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 AliumFinance and our guest was @Mindspheres – co-founder project lead for Raini. 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 Raini!
Welcome to Satoshi Club😀
D. | Satoshi Club: Hello! thank you for joining! 😊
How are you doing today?
Mary | Satoshi Club: Welcome here 😀
Mindspheres – Dev:
Pretty excited – we’ve got a super busy week of news! How about yourself?
D. | Satoshi Club: Nice, you have lots of work 😉 im great! thank you!
Mary | Satoshi Club:
So, let’s start our AMA 🚀
Mindspheres – Dev:
Sounds good!
Mary | Satoshi Club:
Could you please introduce yourself and tell us more about Raini🥳
Mindspheres – Dev:
Sure thing. I’m the co-founder project lead for Raini — coming from a
background in non-crypto fintech with the other co-founder, we knew that we
could do some really exciting things in this space.
To that end we’ve launched Raini, with which we are building
an NFT-supercharged DeFi universe. At its core we’re an NFT farming platform,
but we’re building on a number of key DeFi aspects to fill it out and we’re
really excited about the future.
Mary | Satoshi Club: So, how old is Raini? How did you get the idea to create this project?
Mindspheres – Dev:
The project launched back in March, and really was borne from the fact that
both myself and the other co-founder, Artkin, are very much into the arts, but
also run a fintech in the non-crypto space. So it seemed a logical path to
combine these two passions into the Raini project — especially considering how
NFTs have grown so rapidly in popularity.
Mary | Satoshi Club: Nice story👍
How big is Raini team?
Mindspheres – Dev:
We’ve got a team of about 15 people working on various aspects of the platform
offering, including our NFT platform + NFT Toolkit, Launchpad, Trading Card
Game, Cross-chain Bridge,
Mary | Satoshi Club: Quite a big team! Are you public or prefer to stay anon?
Mindspheres – Dev:
And we’re spread all over the world, from Australia, the US & Canada,
Europe, and Asia
Mary | Satoshi Club: International team 👍
Mindspheres – Dev: So right now, myself and the other founder are “anon”, however, we are actually doxxed to two KYC firms – Solidity Finance, and Assure DeFi. The reason we are anon is that we are currently divesting the fintech we run here in Australia, and want that process to be finalized before doxxing publicly 🙂
Mary | Satoshi Club: This has sense 😀 thanks!
And thank you for your intro! We collected 6 questions from our community for the first part of our AMA 😀 Are you ready to answer them or you want to add something?
Mindspheres – Dev:
I’d probably just add that we’re really excited about our latest announcement,
which is our cross-chain launchpad, which will be enabling new projects to
launch simultaneously on Ethereum, Binance Smart Chain, and (soon) Cardano —
enabled by our own RainiBridge. Anyone interested can read more about it here –
https://rainicoin.medium.com/raini-officially-ready-for-liftoff-2615e91ea9ee
Mary | Satoshi Club: And we can start🥳
@Cool_as_Ice shoot it 🚀
Q1 from Telegram user @cryptofollower One of the core features of Raini is Evolving NFTs. NFTs that can evolve and change over time taking input from real-world data. So are there variables on the NFT’s? Is that mean you somehow developed a revolutionary dynamic NFT’s? How did you do that and how it works? Do you have special smart contracts for NFT’s in order to get data from real world using Oracles and evolve using variables? Could you also show us an example about this?
Mindspheres – Dev: So the NFT itself will contain hashes of all possible content linked to that NFT’s evolution — it’s something that you can actually see in practice on places like https://async.art/ What we feel is the gamechanger is that we will be giving artists the tools to create dynamic NFTs through a graphical user interface rather than needing to work with a development team to create these NFTs. The toolkit will make it easy to integrate data from external APIs and other standard real-world data, so that the appropriate content will be displayed for the evolving piece.
An example might be an NFT that shows you a different animated view based on local weather data, or a piece that “ages” as it’s transferred from wallet to wallet.
Mary | Satoshi Club: Hm, is this, for example, like this – ‘Updates four times a day to reflect sunrise / day / sunset / night cycles’.
Mary | Satoshi Club: That’s very interesting! I like such NFTs! Really something new!
Mindspheres – Dev: So async-like functionality but made more accessible and more open, on a two-sided market.
Mary | Satoshi Club: Thank you for your answers! Everything is clear for me! Ready to proceed?
Mindspheres – Dev: Sounds good!
Q2 from Telegram user @kimzyemma You said Stake $RAINI and earn RAINBOWS, stake LP tokens and earn UNICORNS. We all know that $RAINI is your main token. What is the impact of RAINBOWS and UNICORNS in your project? How can user redeem earned RAINBOWS and UNICORNS on your platform?
Mindspheres – Dev: Rainbows and Unicorns are the primary “currencies” on the platform, and will be able to be used to redeem NFTs from our curated drops. Unicorns have a higher value, and there will be some special NFTs that can only be redeemed with Unicorns.
Users will be able to redeem “Core NFTs” from our drops, but these NFTs are actually upgradeable. Whereby if you amass a certain number of Core NFTs, you can burn them to create a Gold NFT. And if you amass enough Golds, you can burn them to create a Chromatic. There will only ever be enough copies available to create 1 Chromatic NFT per drop.
This deflationary approach will drive collectible scarcity among our drops, and we feel is a great way of gamifying the process of collecting NFTs.
Plus – Gold & Chromatic NFTs will entitle users to other benefits within the ecosystem, like guaranteed token allocations via our IDO launchpad or token airdrops.
D. | Satoshi Club: Cool system, I like it👍 by the way why you decided to put unicorn on your logo? so many unicorns at the crypto space already – uni, 1inch, juld 😄
Mindspheres – Dev:
Hahaha — we wanted something playful, and there are plenty of unicorns, but
there’s only one Rainicorn!
Mary | Satoshi Club: This unicorn is mega-cool 🚀
D. | Satoshi Club: Yep, it looks really awesome i should admit it.
Mary | Satoshi Club:
Can you give us some examples how your NFTs will look like?
Mindspheres – Dev:
Mm, we have some pieces ready, but I can’t release those until the drops..
however I can show you guys some art from those on our lineup (including one
not yet announced 😉 ) One minute
Mary | Satoshi Club: Sure, take your time!
Mindspheres – Dev:
D. | Satoshi Club: Awesome!
Mary | Satoshi Club: Ahaha, i love this!😍
Mindspheres – Dev: It’s great right haha
D. | Satoshi Club: I like these two.
Mary | Satoshi Club:
Thank you for this pleasure for our eyes!
Ready to go to the next question?😀
Mindspheres – Dev:
Glad you like 🙂
Mindspheres – Dev:
Let’s go!
D. | Satoshi Club: Yeah, it looks really beautiful, you can see that people spent time making these NFTs
Q3 from Telegram user @Highpee The recent launch of uniswap v3 has disrupted some projects activities as some are finding it hard to migrate their protocol into it. Your project is not left unaffected as you are currently facing complications establishing staking of liquidity provider tokens on Uniswap v3 and this forced you into removing your liquidity from Uniswap v3. How do you intend to solve this challenge as this has led to a disproportionate price impacts for the users of your LP pools? What immediate solutions are you offering? For how long will this continue and what effort are you making towards adapting your protocol to this new uniswap version?
Mindspheres – Dev: Uniswap v3 has been a real debacle and caused many projects trouble. On the day of release we moved some liquidity to Uniswap v3, but this ended up diluting our liquidity. NFTs being used to replace LP tokens is a bit of a challenge — so migrating our current LP token holders over is not something we are able to do straight away.
As such, we made the decision to pull liquidity back to
Uniswap V2 and have been comfortably trading since then.
I should add that we are (as of last week) a cross-chain
token and also tradable on PancakeSwap. We’ve actually equalized our liquidity
between Uniswap V2 and PCS, and this has been really helpful over the last
couple of days where Ethereum gas spices have spiked incredibly high.
Moving forward, we are working to implement staking for
Uniswap v3, and hope to have a solution in the next week or two. We’re not
alone, everyone is dealing with the same challenge.
Mary | Satoshi Club: Where is the volume for Raini bigger? On Pancakeswap or Uniswap?
Mindspheres – Dev: Yesterday it was about equal, today looks like Uniswap wins
Needless to say, bridging to Binance has been great for our project. It’s also why we feel our Cross-chain Launchpad is a great offering.
Mary | Satoshi Club: Eth is back👍 which other blockchains do you also currently support?
Mindspheres – Dev:
Binance Smart Chain + Eth
We’re looking at bridging to Cardano too when that’s possible
Mary | Satoshi Club: Gotcha!
Thank you for your answers! Ready to jump to the next question?
Mindspheres – Dev:
Sounds good!
D. | Satoshi Club: Do you have plans to make pools on other DEXes on BSC and Ethereum? maybe on 1inch?
Mindspheres – Dev:
Not at the moment – the main challenge is not spreading our liquidity too thin,
resulting in disproportionate price impacts. Maybe as we grow bigger this can
be something we look at.
D. | Satoshi Club: Understood, thank you!
Ready for the next question?
Mindspheres – Dev:
Yup!
Q4 from Telegram user @Pratze I’m really interested with Raini’s toolkit for creator, so I read that Raini building a toolkit special for artists to create a NFT. Can you explain more detail about this toolkit? Is it already implement on your platform? And what user possible to do with your NFT toolkit?
Mindspheres – Dev: Right so this toolkit would be an extension of the normal NFT creation tools you’ve seen elsewhere. It would allow creators to make NFTs which evolve, integrating external world data via APIs or similar. The interface will make these sorts of pieces easy to create for people who do not have extensive technical knowledge or understanding.
The toolkit is not yet live, but will be in mid-June, after
our platform launches.
Mary | Satoshi Club:
Will it be free to use it?
Mindspheres – Dev:
As with all NFT platforms, there will be a cost to mint an NFT, however there
would not be an additional fee for the toolkit itself. We may initially limit
the use of the toolkit to Raini holders to give it a level of exclusivity and
to support our early adopters—however this is not finalised.
Mary | Satoshi Club:
Thanks! Everything is clear for me! We will wait for the updates! Ready to
proceed?
Mindspheres – Dev:
Sure thing!
Q5 from Telegram user @NataliyaKil Recently, among projects from the crypto world, it has become relevant to patronage, donations and charity to various foundations of the modern world. Someone helps animals, someone donates to funds to fight breast cancer, and someone invests in the development of gold mines. Tell me, is your project developing in any of these areas, are you doing charity work and in what area?
Mindspheres – Dev:
Yes definitely – so we have already made a significant annual commitment to the
World Wildlife Fund (Australia), which gave us a Partner in Conservation
status. In addition, we have “adopted” 3 animals – an Orangutan, a
Koala, and a Penguin via the WWF. Plus we are making donations to Greening
Australia for carbon offsets, and we have also partnered with DOVU for on-chain
verified carbon offsets.
Mary | Satoshi Club: Wow, you’re so kind😍
D. | Satoshi Club: This is cool! that’s very good you are find time and funds for charity 👏
Not many projects in crypto do such a things 😊
Mindspheres – Dev:
Having lived through a terrible bushfire season last year in Australia — we
wanted to help support the environment in whichever way we could!
Mary | Satoshi Club: Now Koalas will sleep tight 😉
Mindspheres – Dev: We can hope 🙂
Mary | Satoshi Club:
And only one 6th question left from the first part of our AMA 🚀
Ready for it?
D. | Satoshi Club: Oh yeah, I have heard about fires in Australia, 2020 was a crazy year 😓
Mindspheres – Dev: For sure!
D. | Satoshi Club: Let’s go!
Q6 from Telegram user @Jonahapagu In your recently Released Launched product “Raini Launchpad” There will be four tiers of token allocations which will be based on the amount of Raini staked…these tiers are “Koyah the Orang-utan”, “Smoothie the Koala”,”Chad the Rainicorn”, and “Rainbow.. so what are the differences between this four tiers , what is the amount of staked Raini a users needs to stake to belong to any of this tiers, and what will be the token allocations for users who belong to each of this tiers..
Mindspheres – Dev: TBA 😉
D. | Satoshi Club: Secrets 😉
Mindspheres – Dev: In all honesty – we’re finalizing this stuff along with what entitlements Gold and Chromatic NFT holders will have with respect to the launchpad
However, we wanted to get the launchpad live in order to keep our community in the loop & better position ourselves to prospective projects who are seeking to launch IDOs.
The staking quantities will become clear as we get closer to our first batch of IDOs.
Mary | Satoshi Club: Can you tell us which projects will be first at Raini launchpad?
Mindspheres – Dev: No announcements on that front yet 🙂
Mary | Satoshi Club: Got it!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @KhaleesiTheCryptoLady Where is RAINI currently listed? Any plan to list in big exchanges in the future?
Mindspheres – Dev: We’re currently on Uniswap V2 (Ethereum) and Pancakeswap (BSC) — we’re starting to look at exchange listings off the back of our recent growth and volume. More on this soon.
Q2 from Telegram user @Jonahapagu Recently Raini officially opened applications for The Raini Launchpad which was built to enable developers to launch new crypto projects with significant support and community reach… and will enable investors to ensure that they invest in projects that are heavily vetted and meet strict criteria… in line with this you stated that you will be highly selective in choosing only projects you believe have an excellent shot to succeed.. so what are the strict criterias that projects applying for your launchpad will have to pass through.. and for every project that makes it to your launchpad what kinds of benefits will they get from Raini Launchpad that will not be obtainable in other launchpads…
Mindspheres – Dev: We would want to ensure that the projects we list have a solid team, a clear roadmap, and has a solid market niche. In return we bring a dedicated and passionate community who will help their project grow and support them financially at the IDO, the ability to launch on multiple chains simultaneously thanks to the RainiBridge, and we will provide advice and assistance for the launch and beyond.
Q3 from Telegram user @messilolz How do you prevent of scam and rugged projects in your launchpad? do you have kyc requirement?
Mindspheres – Dev: Yes, there will be a KYC + due diligence requirement for founders, and we will facilitate a liquidity lock.
Q4 from Telegram user @Mamitabella Why would a deflationary system like this be sustainable?
Mindspheres – Dev: Revenue from our platform will be used to buy back and burn Raini tokens, thereby keeping the deflationary tokenomics sustainable.
Q5 from Telegram user @Indomiekuy Raini is an expansive eco system build on a NFT Farming token. I read that your NFT also have different rarities, can you describe more detail about this? How much rarities of NFT do you have? And beside for collection, is there any use for that ‘rarity’?
Mindspheres – Dev: Yes, as discussed – rarer NFTs on our platform wil entitle users to benefits within the ecosystem, including guaranteed token allocations via our launchpad and airdrop entitlements. More on this is coming in due time.
Q6 from Telegram user @Savitasapra3 Please share the contract address?
Mindspheres – Dev: It is 0x89E8416eA5b69863CCb34D3A5C74A86bf5549147
Q7 from Telegram user @Pirry05Universe How do the UNICORNS points differ from the RAINBOW points and what is the use that can be given to both points?
Mindspheres – Dev: Unicorns are worth more, and some drops will contain NFTs that can only be redeemed with unicorns
Q8 from Telegram user @vedamatrix Is it possible to buy both of your coins Rainbows and Unicorns and where can I buy them and stake them?
Mindspheres – Dev: We only have one token, Rainicorn $RAINI. You can buy it on Uniswap or Pancakeswap, links to both are on our website https://www.raini.io/
Q10 from Telegram user @atillayeni When are you integrate the Cardano blockchain into your project and why is it important to integrate as it is not popular?
Mindspheres – Dev: We feel that Cardano has great potential, and is a chain definitely worth supporting when main net goes live. They’ve been very active in Africa and we’re keen to see where they go from here.
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. O3 Labs Team will select 5 questions and answer them.
For more details: O3 Labs – @O3LabsOfficial Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from MCDC and our guest was @CommaClub, @birdietheearlybird, @firstmcwifelilith, @swaggyp50, @UncleOGrimacey – representatives of MCDC. The AMA took place on 9th May.
The total reward pool was 500$ 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
Andrés M. | Satoshi
Club:
Dear community, thanks for be here, is time to go with the last AMA session of
the day
Gold Rocket | Satoshi
Club:
Dear community! We conclude our today’s AMA marathon series with MCDC.
Andrés M. | Satoshi
Club:
Our friends from MCDC are here🥳
Gold Rocket | Satoshi
Club:
Tell us about the news from our last meeting🙏
Gold Rocket | Satoshi Club: Sure.
McPete: A lot has went on since our last meeting, including an incredibly successful virtual NFT art show in Pete’s Art House which gathered the 2nd most visits in the entire Cryptovoxels world
Birdie The Early Bird: Development has been going on, at an insane pace.
McPete: We also started live testing our Drivethru game and hope to fully launch at the end of the month.
Our most important development in my opinion is that we unified our entire ecosystem and coin to focus on breast cancer charity
Gold Rocket | Satoshi
Club:
Wow! you worked very fruitfully !!!
McPete: Fees from our games, NFTs, and even milestones from our coins go directly to breast cancer charity and we’ve been getting some big faces behind our coin to support
There’s plenty of charities for dogs, cats, and frogs.
But none for breast cancer.
Gold Rocket | Satoshi
Club:
This is a very noble cause! 👏👏👏
Birdie The Early
Bird:
Thank you, we hope to make an impact.
Andrés M. | Satoshi
Club:
Great job guys, that’s what all projects must do
Birdie The Early
Bird:
We are the McDonald’s of the blockchain serving up fast fun.
Gold Rocket | Satoshi
Club:
Well! it was as always very energetic and informative! I suggest moving on to
the community questions!
McPete:
We’re rallying more and more support with our #McTittyChallenge this month with
our own Instagram filter
Gold Rocket | Satoshi Club: Added🚀
Andrés M. | Satoshi Club: How is the campaign?
Gold Rocket | Satoshi Club: With my pleasure😊
McPete:
We kicked it off this week and have been getting big faces which include
Britney Amber and Molly Stewart
Gold Rocket | Satoshi Club: They are not only beautiful girls, but they also know about crypto! ❤️
McPete:
I’ll tell you guys more how MCDC specifically plays into our ecosystem
Andrés M. | Satoshi
Club:
Thank you for this exciting introduction
Gold Rocket | Satoshi
Club:
So! We have great questions! Are you ready for them?
Charlie Ron:
Yes!
McPete:
Yes!
Gold Rocket | Satoshi Club: 👌
Q1 from Telegram User @yellowchamp As a gamified parody art project Token on xDai and Ethereum. So why did you choose to be launched on xDai and Ethereum? What advantages did you see in xDai? As we know Ethereum has a high transaction fee,what more advantage that you see from Ethereum that will bring to McDonaldsCoin? Aside from xDai and Ethereum,do you plan to launch to other network like BSC or HECO or other networks? Thank you
Charlie Ron:
Great question!
McPete:
The xDai blockchain provides users with more flexibility, functionality, and
cost savings when compared to Ethereum. Furthermore, with a free random number
generator, games such as the MCDC Drivethru can run forever without external
funding from the community.
The xDai team has actually officially recognized our project in their docs and in their popular Twitter.
Imagine if a project had contact with Vikalik himself or with CZ.
That is what we will have with xDai.
Gold Rocket | Satoshi Club: I really understand them! You guys are incredible! 👌
Andrés M. | Satoshi Club: Btw, could you tell us more about your current partnerships?
McPete:
We work closely with the Unifty platform and their lead dev Benny to make our
NFTs and their novel iNFTs which allow users to uniquely interact with their
NFT
We also are collaborating with multiple models on the #McTittyChallenge to spread awareness of our project and our charitable cause
Andrés M. | Satoshi Club: Really? Please share with us some NFTs designs? We are art lovers 😁
McPete:
We are also going to be donating to this charity for breast cancer in the
coming days!
Charlie Ron:
McPete:
This is a collage of our NFTs in the style of Beeple “Everydays – The 5000
Days”
Meanwhile other community members create gamified iNFTs such as “Crypto Fortune”
Birdie The Early Bird:
Charlie Ron: These our our NFT/NFC merch designs we have. Blockchain authenticated merch.
Andrés M. | Satoshi Club: Great designs.
McPete: This is awesome.
Love to see it every time.
Andrés M. | Satoshi Club: How to buy it? I want one of them 😁
McPete: And we are the first project to make the first NFT/NFC merch in the blockchain space
Gold Rocket | Satoshi Club: It is very important to do good deeds and also take care of crypto.
Birdie The Early Bird: As part of our ecosystem, McDonalds Coin Land, we’re building a gift shop where all merch will be available for purchase in MCDC.
Gold Rocket | Satoshi Club: I love Mona Lisa😍
McPete: I also want to mention that MCDC gets fee-sharing from every part of our ecosystem, part of which goes to breast cancer charity
Charlie Ron: They are the first of their kind. No other crpto has done what we have done with our merch. I will include a link at the end of the ama.
McPete:
Birdie The Early Bird: This is a kind of inspiration for us.
Andrés M. | Satoshi Club: Thank you and congrats for your big effort👏
Well, ready to proceed with the next question?😃
Charlie Ron:
Yes!
Gold Rocket | Satoshi Club: You also inspire us!
McPete: Yesss.
Q2 from Telegram User @Highpee Looking at your roadmap, I can see that you have McSwap planned for the third quarter of this year. How is McSwap going to work? Will it function as a decentralized exchange that will allow swap or trading of assets just like other swaps like uniswap, shushiswap etc? Will it be developed on the main Ethereum network or on the xDai side chain you are currently running on? And will you have plans for this inclusion of farming, staking function and other liquidity mining programs?
Birdie The Early Bird: Thanks! 😊
McPete: McSwap will have all our gamified tokens, the first bunch will be from our upcoming game Drivethru.
And to elaborate further, Drivethru is a token trading game. The interface of the game is a menu where you can buy tokens/menu items (such as a Flury for a Big Mac etc). When you open the game you will see 8 tokens reflected as menu items, along with the number of tokens (or Macs) available, their value. It’s a whole little market on it’s own, so you can play while actively participating in real trades and swaps!
We’ll also have other games such as cards and slots, like an entire casino built on xDai
Fees will go to MCDC holders and to breast cancer charity
Charlie Ron: This will be our inspiration going forward as we expand out our online amusement park.
Mcete:
Andrés M. | Satoshi Club: A whole ecosystem wow, is there any approximated date to launch?
McPete: It’s an evolving ecosystem that is constantly being expanded by our community.
Our left side is well developed.
We have art shows at Pete’s Art House and NFT farming on Unifty.
Meanwhile, our right side with the game will launch end of the month.
Gold Rocket | Satoshi
Club:
Guys this is amazing!
Andrés M. | Satoshi Club: Could you explain how staking an farming rewards work?
McPete: We will have liquidity farming for 1000+% APY for our game subtokens and meanwhile, we also have NFT farming which lets someone accumulate points for holding MCDC to purchase NFTs
Andrés M. | Satoshi Club: Wow, that’s high.
McPete: Our community loves McDonalds and trading fast food tokens.
Charlie Ron: This includes our custom NFT/NFC McMerch, all McArt, our McThot farm
Gold Rocket | Satoshi Club: Thank you very much for your answers! ready to move on to the next question?🚀
McPete: Yes.
Charlie Ron:
Yes!
Q3 from Telegram User @nadee5 Congratulations! MCDC is back to satoshi club with its progress…I think this Sunday is really important to MCDC. Because MCDC discord server is going to be live.and also Introduction of Play Place stage and ,launching MCDC tv .. We are excited to know more about those new features? Will PlayPlace Stage only be available to platinum card holders? And also we like to know more about MCDC tv? Are you going to celebrate this milestone with your community ? how?
McPete:
Give us one moment, we are preparing an answer!
Lilith First McWife: PlayPlace is a 18+ Members-only club hosted by the McThots! And MCDCTV is a Discord stage that we will route all of our SFW programmings through! McBloomberg, Twitch streams, Youtube, all that fun stuff.
Gold Rocket | Satoshi Club: Take your time!👌
Lilith First McWife:
McThots have all been handpicked and taste tested by Satoshi McDonald himself,
btw 😉
Charlie Ron:
We will be hosting a party and will do party hat airdrops to celebrate our
McMascots, @McKlowyn, Birthday today at 2:00 EST
Gold Rocket | Satoshi Club: Give a link for Satoshi Clubbers ☺️
Lilith First McWife:
PlayPlace is indeed only available to cardholders (Membership NFT vouchers from
our farm). We have 3 tiers 🙂 Platinum members have
umbrella access, but we have black and blue cards for Telegram and Discord!
And a McDaddy point system to earn points for NFTs if you’re a good tipper 0:)
Andrés M. | Satoshi Club: So, is it VIP?
Lilith First McWife:
It is our Premier Adult Playground! Only the most elite, and limited to 100
total members.
Charlie Ron:
All MCDC holders at that
XP
Andrés M. | Satoshi
Club:
Thanks for share this amazing info, would you like to add something before the
next question?
Lilith First McWife:
Just excited to see it all expanding and be a part of the McEcoystem!! McThots
do a lot of cool collabs with the team. It’s been a blast!
Charlie Ron: All good! Continue!
Andrés M. | Satoshi
Club:
Happy to see that we can mix up blockchain with a lot of use cases😁
Q4 from Telegram user @Indomiekuy From the first ama of MCDC with Satoshi Club, I remember that you are making contest to come to real McDonald and ask to the waiter about can we buy Cheese Burger using MCDC token? Can you share the result of that contest? Actually im one of the participant. I already come to McDonald, and ask that to the waiter. But the waiter said ‘Sorry we don’t receive payment in cryptocurrency token, only cash,debit and credit card’. Lol Whats your opinion?
Birdie The Early
Bird:
That’s exactly what we expected! 😄
The purpose of the campaign was to create some buzz and have some fun, and in our eyes, it was a massive success.
Gold Rocket | Satoshi Club: It’s really fun 😉
Lilith First McWife:
I even tried it on Seamless, they said they would talk to McDonalds but I
havent heard back yet…
Birdie The Early Bird: We still hold out hope.
Lilith First McWife:
They gave me fries for free! Seriously!
Birdie The Early Bird: Fries for free?
Lilith First McWife:
Yeah, Seamless felt bad they didn’t know about MCDC yet so they comp’d my
fries.
Charlie Ron:
McDonalds secretly loves us. We subtly shill Big Macs for them and want nothing
more than to Reclaim the Magic. We have fun!
Gold Rocket | Satoshi Club: You are so beautiful that a whole restaurant can be present to you
Lilith First McWife: blushing
Gold Rocket | Satoshi
Club:
😍
Gold Rocket | Satoshi Club: Thank you guys very much for your answers! Are you ready to proceed to the next question?🚀
Charlie Ron:
Yes!
Q5 from Telegram user @Ajpaa I read from one of your social media community channels that your Drivethru block chain game is now currently offline, due to hackers activity where bots were used to continously stake more and more to farm, which breaks the contract and allows people to claim past the allowed daily amount, The hackers then proceeded to sell off massive amounts of tokens draining the pools. What are the measures you are going to take to prevent subsequent occurrence, were you able to track the hackers, were your community users affected and does this affect your integrity?
McPete:
This was an unfortunate situation where our audit from War on Rugs was faulty.
We had to halt our game immediately and delay it until the end of the month.
The amount lost was minimal with regard to total marketcap and this allows to
actually modify our game mechanics to automatically donate to breast cancer
charity.
When people play our game, there will be a live ticker that shows the number donated to charity going up.
We are exploring other audit options currently.
For anyone who is looking to do an audit, I advise Quantstamp or Solidity Finance.
Twitter popularity is not a good representative for audit quality.
Birdie The Early Bird: Lesson learned.
McPete: (WoR is very popular on Twitter)
Twitter heroes.
Woops.
Andrés M. | Satoshi Club: Safety first😁
Gold Rocket | Satoshi
Club:
thanks for the answer! and also for the fact that you are not afraid to
honestly answer difficult questions! 👌👍
Charlie Ron: Never trust someone who has Pokémon as their profile pic
Andrés M. | Satoshi Club: We have to learn of the errors, it won’t happen in the future I think
Gold Rocket | Satoshi
Club:
I suggest moving on to the last question in this part.
Charlie Ron:
Please go ahead!
Q6 from Telegram user @dudeiebitch Nowadays there is the common saying, that your NFT mainly depends on it rarity in the crypto world and recently your community artwork has recently gained much attention and was featured in Pete’s Art House in Cryptovoxels. Does these equally increase the price of the nft when you want bid, can you explain how your NFT bidding works in your platform
Birdie The Early Bird: Certainly, yes. Provenance and notoriety are critical to the value of NFTs.
Andrés M. | Satoshi Club: What is the highest price that you have sold one of MCDC NFTs?
McPete:
Most usually go for 50-500 USD. Our community loves to create artwork and
interactive artwork, so we have lots of people buying/selling
We have one very talented NFT artist MATRIX.HH
Charlie Ron: I regularly buy NFT’s that are priced at 100 USD on our ecosystem and own upwards of 100 NFT’s now
Andrés M. | Satoshi Club: Thank you for the clear and amazing answers. I would like to ask, what’s the greatest event coming for MCDC on this 2021?
McPete:
We hope to donate $100,000+ to breast cancer charity, most of which will
hopefully come from fees from our blockchain games like Drivethru!
Birdie The Early Bird: …and the grand opening of McDonalds Coin Land.
Andrés M. | Satoshi Club: Well done guys, our best wishes for you on that 🥳💪
Part 2 — live questions from the Telegram community
Q1 from Telegram user @adaatalay Are you planning to work with some influencers to make MCDC the central platform?
Charlie Ron: Yes we will be getting more influencers on board. Currently, we have 4 girls that work with our team directly via the McThots. We kicked it off this week and have been getting big faces which include Britney Amber and Molly Stewart.
Q2 from Telegram user @smelekin Why PlayPlace is a 18+ members only? Why this limit?
Lilith First McWife: PlayPlace is a “club” on Discord and Telegram that is hosted by the McThots, who themselves are amateur adult content creators. We share a lot of exclusive/ explicit content there. GIFs, videos, live shows on the PlayPlace Stage (right on our Discord) – we keep it 18+ because quite frankly, McTitties!!
Q3 from Telegram user @ronaldo_super Could you please explain what is MCDC TV and what do you plan to gain after you make it live?
Lilith First McWife: Honestly, it happened organically. Our community is super creative and talented. We have a few channels across the web and wanted to keep it in the McEcosytem! I thought it would be funny to have an MCDC TV Guide and it evolved from there. I hope it provides entertainment, an outlet to get the latest news and updates – encourages people to create their own programming.
Today we’re streaming McMascot McKlowyn’s favorite movie for her birthday!
Q4 from Telegram user @messilolz Where can I get detailed information of your project for stay up to date and announcement to follow it?can you provide important social media links?
We are always active and having fun there and keeping everyone up to date. You can also check out our LinkTree for all of our social media. We even have a Minecraft server listed on there!
Q5 from Telegram user @jizellu Without proper marketing and capital infusion, project dies, how do you convince us you have adequate marketing power and capital to push this project to the top project?
McCommaClub:
Q6 from Telegram user @Cryptojubair There are many people in the crypto market who have cloning another project, making utopian promises but whose main intention is to get rich just by selling tokens. Do you have realistic, creative and original aspects that distinguish you from these negative examples???
Birdie The Early Bird: We’re well aware of the countless ‘flash in the pan’ tokens out there. The work that we’ve put into developing our ecosystem is clear to see. For example, in two months we went from concept to live demo with drivethru.mcdc.io. This game is totally original in its mechanics using the xDai network random number generator to induce market activity between the subtokens. MCDC is also the first crypto to devote a percentage of all future transactions into breast cancer research; so every time a user plays a game in our ecosystem, they’ll also be doing real good in the world.
Q7 from Telegram user @Aqillaa Could you give me 3 key points to convince me and other angel investors invest in project for the long-term?
McCommaClub: We want to go viral so the goal of it is vastly different than what other coins are planning. Since this method hasn’t really been tried before once we have executed on this then we will see significant valuation changes due to the scope of taking it to the mainstream audience.
Q8 from Telegram user @lusiana_lambreth I saw you making donations to breast cancer patients. What motivates MCDC to make donations for breast cancer patients? Have an interesting story about donating? You have noble intentions. thank you.
Lilith First McWife: I made the filter for fun, and the guys had the great idea to tie this into charity and expand into the whole ecosystem. Breast cancer is the most common cancer in women worldwide & the second most common cancer overall. It runs in my family, so it’s really personal to me and means a lot that we’re able to unify under this cause. Play games = money for breast cancer research? WIN WIN.
You can get involved already, if you want to check out the filter on Instagram & join our HQ!
Q9 from Telegram user @tatarrama Does your team do specific work for regional markets and is there a focus area for marketing? Also, I am curious about your team’s approach to the ASIA market, in which countries do you plan to be active right now?
Birdie The Early Bird: We intend to localize our platforms and tailor our marketing for different regions. At the moment, our focus is on North America/Europe. We have a Japanese language Telegram group, with more to come.
Q10 from Telegram user @Babu11khaiso ⚡️Which do you think is more important:
A. Community B. Investors C. Token Price
If all of the above is important to you, which should come first?
Charlie Ron: All of those are important but our investors are our community. We make owning MCDC fun. Price reflects those that believe in the project and want to make a difference in the world. Reclaiming the Magic isn’t just about having fun though. We are leveraging our name, our ecosystem, our marketing, our Twitter list and IG list, everything. All to make as big an impact on the world as humanly possible. McDonalds is the biggest fast-food chain of the world. McDonalds Coin aims to be the biggest charity contributor to breast cancer in crypto and McDonalds Coin will be the most fun place in crypto imaginable.
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 AliumFinance and our guest was @Winniebluesm8 – Chief Business Development Manager for Alium Finance. The AMA took place on 9th 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
Gold Rocket | Satoshi
Club:
Hello, dear community! We are pleased to announce AMA with AliumSwap
Andrés M. | Satoshi
Club:
Hello everyone, welcome to another AMA session
Gold Rocket | Satoshi
Club:
Today our guest is @Winniebluesm8!😊
Denis D: Hey everyone!
Mary | Satoshi Club: @Winniebluesm8 you can write now😊
Denis D:
Thanks for having me here
Gold Rocket | Satoshi
Club:
Hello and welcome to Satoshi Club, @Winniebluesm8!❤️
Andrés M. | Satoshi Club: It’s an honor for us, we are happy to have you here, how are you?
Gold Rocket | Satoshi Club: We are honored to have you here today! Thank you for joining👍
Denis D: Doing Great, thanks What about you guys?
Gold Rocket | Satoshi Club: We’re excited about the upcoming AMA😊
Andrés M. | Satoshi Club: Excited for this AMA and to know more about you, could you give us a short introduction about you?😃
Gold Rocket | Satoshi Club: 😁 Andres, you steal my text 😉❤️
Joke😁😁😁
Denis D: Sure. I’m Denis Denisov Born in Russia, Educated in Scotland Been in crypto since 2018 Tried out a few different positions in different projects Now I’m Chief Business Development Manager for Alium Finance
Andrés M. | Satoshi Club: Haha
Gold Rocket | Satoshi Club: How did you get to be involved in crypto & AliumSwap?
Excellent background for business development 👏👏👏
Denis D: I started in crypto in 2018 importing Cryptocurrency Mining Equipment from Bitmain
As for Alium Finance I’ve joined the company at the very
early stage, from the very start
Gold Rocket | Satoshi
Club:
What is the essence of AliumSwap?
Sounds good👍
Denis D: Alium Finance is a MultiChain DeFi ecosystem with an ambitious roadmap of CrossChain DeFi and NFT products.
And Alium Swap is our first product.
Alium Swap is a MultiChain Decentralized Exchange with a Cross Chain option already operating on Binance Smart Chain and Huobi ECOChain with Ethereum , Near, Matic, Avalanche, OKExChain, and more coming.
Gold Rocket | Satoshi Club: We can see that your project is completed in the crypto trend🚀
How long does it take to develop a project? What plans do you have for the future? And what can we expect from AliumSwap?
Denis D: Our Roadmap is very ambitious, so we will be gradually developing it over the next years, We already Released Alium Swap on two blockchains Binance Smart Chain and Huobi ECO Chain
Next is 5+ more blockchains and Cross Chain Bridges between
them
Also, Smart Farming, Smart Staking and a MultiChain NFT
Marketplace
What we are looking forward to is to create a safe and
convenient MultiChain Hub for users to experience all sorts of DeFi products on
Multiple Blockchains without the need to jump platforms
Gold Rocket | Satoshi
Club:
Yes, you really have very ambitious plans. And we at Satoshi Club love it 😉🚀
Also, we would like to know about your team. Who is on the project team?
Denis D: Sure.
We have a handpicked selection of DeFi veterans working for both Development and Business Development side For example – our founder Vladimir is also a founder of a few DeFi Projects including SpaceSwap
You can find more detailed info about each of the Team members on our Gitbook Page
Gold Rocket | Satoshi
Club:
Where is your office located? Or do you work remotely?
Andrés M. | Satoshi Club: Wow, so Allium is part of a whole ecosystem
Denis D: We work remotely, our team is spread around Europe
Gold Rocket | Satoshi
Club:
Thank you very much for the great intro! Ready to jump into community
questions?
Denis D: Yeah, let’s do it
Q1 from Telegram User @Pratze Lets speak about your IDO, tomorrow on 10th may i hear that there will be 4 place on big platform for your IDO. Can you describe which platform all your 4 IDO will be happen? And then what about your ‘AliumSwap’? It will be alive after your IDO and we possible to swap there?
Denis D: Yeah, we are looking at 4 IDO platforms, but the date will be a bit later on, somewhere around 15th of May We are in talks with Multiple Platforms Our Partner Projects include Launchpool and MantraDAO After the 4 IDOs we will have an Initial NFT Offering at our own Platform After the Initial NFT Offering we will be listing our ALM tokens on DEXes and the trading will start then
Gold Rocket | Satoshi
Club:
Nice to see familiar names. MantraDAO was at our AMA by the way 👍
Andrés M. | Satoshi Club: Could you share some NFTs designs?
Denis D: We Collaborated with Illusorr and AfterForm who created the wonderful Designs for the Initial NFT offering But we are still waiting for the Designs to be Announced by them They are fully animated, but I’ll share a Screenshot )
Gold Rocket | Satoshi
Club:
🙏
Denis D:
This one is my personal Favorite
Gold Rocket | Satoshi Club: That’s very beautiful😍
Andrés M. | Satoshi Club: Wow I like it so much👏😃
Gold Rocket | Satoshi
Club:
Thank you very much for the detailed answer! Ready for the next question?🚀
Denis D: Let’s go
Q2 from Telegram User @cryptofollower On your roadmap Q3 I see there is Triple Cross Bridge. What is it exactly? I see right now you adopted Huobi ECO Chain and Binance Smart Chain. Is this mean after you adopt other blockchains you will allow people to swap tokens with triple cross? Why people would need it? Could you please explain what is Triple Cross Bridge?
Denis D: Triple Cross Bridge just means that there would be three Blockchains you can swap between using Smart Contract CrossChain Bridges Every time we will be integrating new Blockchain, new bridges will be added
Andrés M. | Satoshi Club: Btw, could you share with us your roadmap? What else is coming for Alium?
Gold Rocket | Satoshi Club: Tell us a bit how it works?
Denis D:
We are looking at implementing 5+ more Blockchains, creating Smart Farming and
Smart Staking instruments, and developing a MultiChain NFT Marketplace
It allows you to swap tokens on different Blockchains by creating a Cross Blockchain link of Smart Contracts on both Chains
So say you need to Swap a token on BSC to one on HECO Instead of going to third party or Centralized Exchange – you just swap it as if they were on the same blockchain
Gold Rocket | Satoshi
Club:
I think it’s very convenient!👍
One of our users asks: “Will there be quadruple cross chain when there is 4 blockchain support added?”😉
Denis D: Depending on the Chain and what will be the best course of action – some Chains are not compatible with each other, and the way-arounds will be used instead But the Quadruple Cross Chain is the plan at the moment )
Andrés M. | Satoshi Club: What can you tell us about open ocean?
Denis D: We are Developing a MultiChain NFT Marketplace
Most of the features are still “Trade Secret”, we will reveal more info on it very soon
Gold Rocket | Satoshi
Club:
Thank you very much for your answers! Ready for the next one?
Denis D: Yep.
Q3 from Telegram User @Xusuo Alium Finance have feature name with NFT farming. Can you explain more detail about how this NFT farming system work, do we possible to farm NFT and get NFT in there? Also how about feature about your multi chain NFT marketplace, its can sell all NFT from other project?
Andrés M. | Satoshi Club: Any advance to answer the @Xusuo question please😁
Denis D: NFT Farming is a system when you use an NFT to farm tokens of a Project We are using this system for the Initial NFT Offering, our investors will be purchasing NFTs to use them to get their ALM tokens overtime We will be also using this system for Price Maintenance and protection from Dumps by giving holders extra incentives to continue farming Tokens using the NFT
MultiChain NFT Marketplace will be a great tool to sell and
but NFTs Crosschain, we will eventually let people import NFTs from other
platforms
Gold Rocket | Satoshi
Club:
I agree about the marketplace.
Andrés M. | Satoshi Club: So the NFTs will have different use cases
Denis D: Exactly We are moving NFT capabilities beyond just Collectibles
Gold Rocket | Satoshi
Club:
Thanks a lot for the answers. Can we proceed to the next question?
Andrés M. | Satoshi Club: That’s great👏
Denis D: Yeah
Q4 from Telegram user @pixma00 In February 2021 PancakeSwap, the largest exchange on Binance Smart Chain (BSC), outperformed Uniswap several times in terms of capitalization. This was the result of huge commissions on the Etherium network and the gradual migration of users to BSC-based exchanges. However, none of the BSC exchanges offered users a reasonable liquidity migration scheme. Does Alium offer some type of intelligent migration to eradicate this circumstance that is generated by the great fluidity of exchange? What will be the terms and uses of ALM?
Denis D: We already Developed a Liquidity Migration Program and Audited the code with one of Top Smart Contract Audit Firms (We work with Hacken, CertiK and Chainsulting) It is not Launched yet, because we are currently focused on other Developments, but it will be soon
As for ALM – it is the core of our Ecosystem
It is both Governance Token for our DAO and the utility token for all our DeFi
and NFT products which will be bringing extra benefits to the Holders
Gold Rocket | Satoshi Club: Safety first👍
Andrés M. | Satoshi Club: So what are the use cases of ALM and what will be the main benefits for holders?
Denis D: As a governance token – you will be able to use it for Proposals and Voting As a utility – there would be Staking and extra benefits like increased % for Liquidity Providers, Farmers, etc And it will be also used in the NFT Marketplace (but the details are a secret for now)
Andrés M. | Satoshi Club: Thank you, we understand and will be waiting for more released news
Gold Rocket | Satoshi
Club:
Thanks for the clear answer! I suggest moving on to the next question!
Denis D: Cool.
Q5 from Telegram user @michelth It is my understanding that Alium Swap has a novice help program that concerns guiding creators through the functionality of the platform, creating their first NFT. Can you tell us more about this valuable program? Can you tell us how you can trade with Alium Swap? What sequence of steps should you follow to provide liquidity?
Gold Rocket | Satoshi
Club:
Do you have any trading guides?
Denis D: We are collaborating with one of our Advisors on creating Easy Onboarding Programs for the newcomers for all of our Products
We understand the importance of Mass Adoption and that DeFi
has a relatively high entrance barrier in terms of Knowledge
We want to challenge that and make our Products as user friendly as possible, a
help the newcomers with useful tips and guides for them to get a feel of DeFi
As for Trading – it is very simple (let’s look at the BSC
version first)
You
need to create a BSC wallet
You
need to link the wallet and get some BNB for commissions
You
go to “Trade – Exchange” choose the token you want to buy, and
choose the token you will be buying it with, you enter the amounts and
after couple of confirmations the trade is done
For providing liquidity
You
need to create a BSC wallet
You
need to link the wallet and get some BNB for commissions
You
go to “Trade – Liquidity” choose two tokens you would want to
provide liquidity for and enter the amount, after a couple of
confirmations your liquidity will be locked and you will start receiving
the benefits
We have a couple ready But we are working on even more guides Looking into creating some Video Guides too
Gold Rocket | Satoshi Club: Thank you so much! Your answer is flawless! 😊
Do you ready to proceed?
Denis D: Let’s do it
Andrés M. | Satoshi Club: Clear answer, thank you Denis😃
Q6 from Telegram user @KASG95 Like me, many people prefer conventional exchanges over Dex, but could you really tell us what are the advantages and disadvantages of this type of Dex AMM exchange implemented in Alium? Will I really always prefer to trade on Dex regardless of the high gas rates?
Denis D: DEX allows for easier mobility and higher control over your funds When you use a Centralized Exchange – you’re entrusting your Crypto to that Exchange, they can block your withdrawals or do some other sketchy stuff. “not your keys not your coins” With DEX – the Keys are yours
Our other advantage is MultiChain solution – once the
commissions rise too high on one Chain – you can just switch to other chain and
continue trading on the same platform instead of jumping to a different
Platform
Andrés M. | Satoshi Club: Great answer. Could you tell us about the tokenomics of ALM?
Denis D: Sure.
Gold Rocket | Satoshi Club: Really. the benefit is obvious! 👌
Denis D: What do you want to know about it? )
Andrés M. | Satoshi Club: How is the token amount distribution?😃
Denis D:
There would be 250 000 000 ALM Tokens with only 31.5 million (13%) allocated
for Public and Private Rounds
Other 87% will be distributed as follows
Team 13% 32,500,000
Advisors 6% 15,000,000
Smart Farming Pools & Vampiring 25% 62,500,000
Business Expenses & Airdrop 13% 32,500,000
Reserve 10% 25,000,000
DEX Liquidity 10% 25,000,000
NFT Liquidity 10% 25,000,000
Andrés M. | Satoshi Club: Thanks for sharing
Denis D:
Gold Rocket | Satoshi Club: Thank you so much! Now get ready for the most exciting part of our AMA – the live questions! 🚀🚀🚀
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Frika_1 I saw that Alium Finance raised $ 2.2 million in less than 48 hours in a successful Personal Loop. But how will these funds be used for project development and growth? And how did they manage to raise so much money in such a short amount of time?
Denis D: Well, we have strong and experienced Team and an Ambitious Roadmap We had a great number of Top Investors contacting us trying to get a Private Sale slot and we ended up raising the target 2.2 Million $ in just under 48 hours
These funds are mainly dedicated to the Product Development, with more funds and resources for Marketing and Community building coming from the Strategic Partners
Q2 from Telegram user @Arisabela You chose Chainsulting to audit your smart contracts that were recently migrated, can you tell us why you chose this German-based company? What are the strengths of ALium in terms of security?
Denis D: We chose Chainsulting as one of the key partners because of their Reputation and Portfolio They were a key Auditor for 1inch and shopping.io
Q3 from Telegram user @kimzyemma Alium.finance has partnered with a lot even with a financial services company INFINITY CAPITAL, can you share with us what is the benefit that you got from this partnership?
Denis D: Infinity Capital is our key partner in Vietnam They help us with marketing and Community building in SEA SEA is a very progressive region in terms of Crypto, and Vietnam is a very promising Crypto Market
Q4 from Telegram user @yellowchamp Why does available slots is only 65 for AliumSwap? Do you have plan to add more slot so that more people will be allocated for $ALM token in your IDO? Thank you
Denis D: These 65 slots are allocated for Gleam Campaign only
There far more slots for the IDO and Initial NFT offering
Q5 from Telegram user @ElitaJenita Patform defense is also the main thing! how do you maintain your platform? Is your platform protected from hackers? And can you explain, how do you manage if there is an attack on your platform, including your platform user data? Is your platform ready for this???
Denis D: We have an Inhouse team of IT Security Specialists who worked with some Major Centralized Exchanges in the past And on top of Smart Contract Audits – we audit our Platform security too.
Q6 from Telegram user @Eminet001 How do you convince other angel users that ALIUM SWAP is different and better than other similar projects, can you give 2-3 features that make you better?
Denis D: Our key advantages are: Team, Product and Partnerships
Our Team consists of DeFi veterans with reputation to uphold Our Product is a cutting edge MultiChain solution with high potential And our Partnerships are strong and numerous, here’s some of them: Jun Capital, Exnetwork Capital, Consensus Labs, BlockUnify, Cryptomeria Capital, Infinity Capital, Alphabit, Aquablock Ventures, DCI, GFC, Mantra Dao, LaunchPool, Protocol Ventures, Master Ventures, A196 Capital, Iconomy, FBG, GBIC, LPVF and Westbridge Capital, Mooncarl.
Q7 from Telegram user @Pratze From what I learn from today ama with Alium Finance, you have good project also with great NFT feature. Could you share to us how to get & purchase $ALM token? Any link?
Denis D: You will be able to get some through an IDO on 4 Platforms and Initial NFT Offering Just sign up for the Whitelist and you will get more detailed instructions on how to do it over an email
Q8 from Telegram user @CallmegalonKm13 Alium Platform was created with the system supporting BSC & HUOBI ECO chain. Well, why didn’t you choose the ETHEREUM network, is it the only reason gas charges or are there other technical details?
Denis D: Ethereum will be added later, it was mostly because of 2 reasons
High Gas Fees
Oversaturated market with ETH 2.0 being released relatively soon
Q9 from Telegram user @KhaleesiTheCryptoLady What are your views about NFT hype? Do you have plan to mix NFT in AliumSwap ecosystem? When do you plan to launch your own NFT?
Denis D: NFT is at a very early stage of the Evolution used mostly as a collectible at the moment What we are doing is taking it to the next level We are planning to build in financial instruments into NFTs so they can be used for Farming, Staking, and other DeFi products.
We will also be launching a MultiChain NFT Marketplace with loads of cool new features
Q10 from Telegram user @Jonahapagu Alium Finance Happens to be one of the first projects to benefit from the Huobi ECO Chain (HECO) grant program..And Alium Finance has all it’s smarts contracts migrated to HECO network.. was this grant the sole reason why you decided to build on HECO, would you have still decided to build on HECO even without the grant, what are the benefits or advantages of building Alium Finance on HECO Chain, and how do you plan to bridge HECO Ecosystem with other Blockchains.
Denis D: HECO is a very promising Chain with plans to Challenge the BSC dominance in the field We are also participating in HECO Grant competition in order to Demonstrate the Quality of our solution to HECO and serve as a bridge to HECO from other Blockchains
By being one of the first HECO DEXes with a CrossChain bridge we can solidify our position as a Gateway to HECO in the world of DeFi and get a strong flow of users to our Ecosystem.
We are also working on getting a Partnership with Huobi, which will be very mutually beneficial, for the reasons I’ve explained above.
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 Royale and our guests
were @GioNeo and @RaptorDan. The AMA took place on 10 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 Royale! Welcome to Satoshi Club😀
D. | Satoshi Club:
today our guest are @GioNeo and @RaptorDan !
hello guys! nice to
have you here!
Gio: Hi everyone
Dan Royale Raptor:
Great to be here – thanks and good day 😀
Gio: This was our first ever AMA
D. | Satoshi Club:
[ Sticker ]
Gio: Now
were back here for the launch of our V1
Mary | Satoshi Club: Welcome back, guys😉
Gio:
Thanks for having us again.
D. | Satoshi Club:
i remember like it was yesterday 😄
Gio:
Satoshi club holds a special place in our hearts.
Mary | Satoshi Club: I see, that you didn’t waste your time😉
D. | Satoshi Club:
[ ❤️ Sticker ]
Mary | Satoshi Club: As Royale in ours😍
Gio:
We’ve been working around the clock to launch baby Royale.
— 👑Royale Finance | Gaming launchpad (@Royalegamepad) May 6, 2021
Mary | Satoshi Club: As you can see our group became bigger😉 so,
please, give our new members short intro about yourself and Royale😍
[ Sticker ]
Gio:
Im Gio Royale co-founder , Royale is a first of its kind Defi optimised
liquidity to power iGaming and Gaming innovation, anything in the Defi world
that adopts gamification, cool meeme tokens, NFTs , were here to help the
ecosystem grow.
Dan Royale Raptor: Hi all I’m Dan, Royale’s Head of Product
Operations!
Mary | Satoshi Club: [ Sticker ]
Gio:
Mary | Satoshi Club: Thanks! And may be you will tell us something
special about Royale, that wasn’t public till today? About it’s creation or
something else?
D. | Satoshi Club:
nice meme 😁
Mary | Satoshi Club: You understand memes perfectly and your praise is worth
a lot😉
D. | Satoshi Club:
i see you very like secrets
Dan Royale Raptor:
We have officially now moved into driving Gaming innovation as well as iGaming
and we’ll be announcing our first gaming partner very soon 🤩🤩🤩
Mary | Satoshi Club: Wow! Can’t wait to hear it’s name😀 give us
small hint! Everything said in Satoshi Club will stay here, we are the best in
keeping secrets 😂
Gio:
We wan’t to help as many entreupreneurs realise their vision as possible and at the same time drive GDefi adoption
Mary | Satoshi Club: Sure, you will! Your progress is unstoppable!
Gio:
I wish we could, it begins with ……. just kidding I can’t tell you
D. | Satoshi Club:
[ Sticker ]
Gio:
You will know in a few hours
Mary | Satoshi Club: Lol, now we know number of letters 😂
Gio: You
are trying hard, Royale rewards for you for trying.
Mary | Satoshi Club: Good hint!
😍
Thank you, guys for
your great intro! Do you want to add something or we can move to the questions
from our community?
D. | Satoshi Club:
you good at puzzles
Gio:
[ Sticker ]
We will try our best
D. | Satoshi Club:
[ Sticker ]
Gio:
[ Sticker ]
Mary | Satoshi Club: Ready?
Dan Royale Raptor:
READY!
Mary | Satoshi Club: 😂😂😂
D. | Satoshi Club:
let’s goooooooooooooooooooooo
Q1 from Telegram user
@cryptofollower
Congratulations on your mainnet launch
recently, Royale Web 3.0 App Mainnet is released. What will this launch bring
to defi iGaming industry? What are the current liquidity pools and loans that
Royale providing to iGaming companies? Could you please list some of the most
important improvements with this launch?
Gio:
The Royale Web 3.0 App is the first of it’s kind decentralised optimised
liquidity pools that power iGaming and gaming innovation.
The protocol will be
announcing partners that have accepted terms of the decentralised liquidity
provision product, and they will be providing their native token as collateral,
so the entire process remains on-chain.
Our mainnet has
launched with 5 key features that drive the Royale Kingdom’s circular token
economy:
• Royale DApp Stablecoin Liquidity Provision
• Royale Pool Token (RPT) Staking & mROYA
Farming
• Royale Staking Lots
• ROYA Reserve & mROYA Farming
• DeFi Powered Gaming Liquidity
More improvements and
updates are coming within the next few days, we can’t say just yet, but think
about huge reductions in gas fees as a clue to what’s coming.
D. | Satoshi Club: can you explain briefly about all 5 keys? what will
be the benefits for users?
Gio:
When providing liquidity to the Royale pools users recieve RPT the Royale pool
token, which they can stake to recieve mROYA, which converts to ROYA, they also
benefit from 2 uncorellated value flows, the stable coin optimisation
strategies and the stability fees from the gaming companies.
Mary | Satoshi Club: Nice incentives 😉 can you tell us how many
users already provided liquidity?
Gio:
The Roya reserve is for ROYA holders, they can provide ROYA liquidity and farm
mROYA,.
Dan Royale Raptor:
The Royale Staking Lots will benefit from both gaming company loan repayments
in the form of stablecoins, and also loyalty rewards and unique promotions from
our industry partners
Mary | Satoshi Club: Fantastic 🚀
Gio:
The Defi powered gaming liquidity refers to the liquidity that is used from the
LPs to accelerate GDefi projects.
All entrepreuners that
have a vision and are willing to work hard should apply on the Royale Web 3.0
App
Click on IGaming
operators, Team Royale would love to hear from you.
Mary | Satoshi Club: Thank you for your answers! Ready to go to the next
question?
Gio:
We are indeed.
Q2 from Telegram user @Jonahapagu
Royale
Finance has a tri-level Staking Lot system which was designed to encourage
liquidity provision and bring long-term value to the ROYA token… can you
explain How this tri-level staking lot system works, how can users participate
in each of this staking levels, what are the differences that exist across the
levels, and what do users stand to gain for participating in each of the levels
of the tri-level Staking Lot system…
Dan Royale Raptor:
Now that we’re up and running Royale will soon being providing liquidity for
Gaming and iGaming companies in the form of stablecoins, for example to support
startup bankroll requirements or general liquidity requirements. As the
companies begin to pay back their stablecoin based loans, a portion of the
stability fees will be distibuted to the Staking Lots. As well as receiving
USDC from stability fees, the Staking Lots will also benefit from loyalty
rewards and unique promotions both inside the Royale application and via our
strategic industry partners. These benefits will range from Gaming platform
perks to exclusive partner token rewards and much more!
Mary | Satoshi Club: Which stablecoins you will support?
D. | Satoshi Club:
good question 👀i just was about to ask
Gio:
Dan Royale Raptor:
We support USDT, USDC and DAI 👑
Mary | Satoshi Club: Good choice!
Gio:
V1 lauched on Thursady and the Royale LP contract is closing in on a quarter of
a million in stablecoins.
For the record curve.fi
took a month to get to half a million.
Mary | Satoshi Club: Incredible achievements 🚀
Thank you for your
answers! Ready to proceed?
Gio:
Ready
Q3 from Telegram user @Ajpaa
$ROYA provide Utilities which include incentive,
Governances, staking mechanism, rewards system, it is also Used to contribute
to the Royale Reserve, which serves as an insurance mechanism that provides
backstop liquidity to guard against losses in either the stablecoin
optimization strategies or iGaming opportunities. I find this interesting
because losses should be guard against, so how does the insurance mechanism
work? Is there criteria for eligibility? Thanks
D. | Satoshi Club:
that’s an interesting question…
Gio:
Anyone who holds ROYA can stake it into the ROYA reserve to farm mROYA rewards.
We created something called the triple backstop which is a triple layer of
security for the safety of our Kings And Queens. The first being the audits by
some of the best smart contract auditors on the planet, the second being the
coverage from our partners at Bridge Mutual and the third layer being the
Royale Reserve. In addition to the security our friends at immunefi.com have
also been helping us.
D. | Satoshi Club:
strong hands – never sell 🚀
Mary | Satoshi Club: If something will happen will you recover users
losses? Of course, it’s theoretically 😉
Gio:
Theoretically.
We are doing and have
done everything in the DAOs powers to make sure theoretically never happens
Mary | Satoshi Club: Sure! You care about your users!
Thank you for your
answers! Ready to jump to the next question?
Dan Royale Raptor:
Yes 👑
Q4 from Telegram user @Derazy
It is mentioned that Royale has secured many key
partnerships and introduced new incredible features into the Royale Network.
And it is also followed by Peckshield audit that announced on the launch of the
Royale Web 3.0 App Mainnet. Can you tell us the top firm that have work with
you in partners? as well as their contribution to develop Royale 3.0 App? Any
plan to expand more features and also more partners?
Gio:
D. | Satoshi Club:
that a lot of cool partners …
in which way are you
working with cyberfi?
Mary | Satoshi Club: Really cool! So, what are their contributions?
Gio: We are in discussions with the Dev teams at
Boson protocol to enhance user experience such as reducing multiple transactions when network
participants wan’t to do some shopping with their crypto. Api 3 are also
helping us find more advanced oracle solutions, these are just 2 examples of
many, other great partners include Cyberfi, Dafi, immuenefi…. I could go on,
they are all great, and we are privileged to be working alongside great
visionaries.
D. | Satoshi Club:
[ Sticker ]
Mary | Satoshi Club: Thanks! I think you will add more famous names to
this picture soon😉
Not only to picture😂
Dan Royale Raptor:
I’m sure we will… picture and
partnerships! 🤩
Mary | Satoshi Club: Awesome! Thanks! Ready to go to the next question?
Gio:
We hope so.
Q5 from Telegram user @Antoni_azx
I was able to
investigate that you plan to reward your stakers with NFTs, in fact, with
different types of them, can you tell us the differences between a Queen of
Queens, King of Kings and a Royale Flush NFT? Why are they so attractive?
D. | Satoshi Club:
did someone say NFT?
Mary | Satoshi Club: Lol😂 find a gif with two running 😅
Dan Royale Raptor:
NFTs will play a significant role in the Royale EcoSystem. There are three
different types of Staking Lots available – Queen, King and Royale Flush – and
each has an associated NFT. Each staking lot benefits from a discount if you
own one of the corresponding NFTs
A Queen of Queens and
King of Kings NFT will allow a 28% discount on a corresponding Queen of Queens
and King of Kings Staking Lots respectively, whilst a Royale Flush NFT will
allow a discount of 10% on a Royale Flush Staking Lot.
Gio:
In addition to these discounts there are incentives and special drops for NFT
holders.
D. | Satoshi Club:
you must add – Ace of Spades as NFT, it would be a bomb😄😉
Dan Royale Raptor:
You can find the Royale Rarities NFT Collection on sale on OpenSea
(https://opensea.io/assets/royale-rarities) 😎
Mary | Satoshi Club: Nice system! How many ROYA i need to stake to get
each NFT?
Dan Royale Raptor:
If we do we will try to also partner with the band Motorhead for an Ace of
Spades remix 😉
D. | Satoshi Club:
haha nice 😄
Dan Royale Raptor:
Queen Staking Lot is 10,000 ROYA (7,200 ROYA with NFT)
King Staking Lot is
100,000 ROYA (72,000 ROYA with NFT)
Royale Flush Lot is
1,000,000 ROYA (900,000 ROYA with NFT)
Mary | Satoshi Club : 1 000 000 Roya – $400k now, am i right?
Dan Royale Raptor:
Just over 400k 😉
Gio:
[ ⚔️ Sticker ]
Dan Royale Raptor:
Each Royale Flush Staking Lot comes with
a Royale Red Carpet
Mary | Satoshi Club: Really Royale😍😍😍
Dan Royale Raptor:
*joking 😉
Gio:
A magic one
Like the one from
Aladdin
Mary | Satoshi Club: Ahaha, but it’s like this👍👏
Thank you for your
answers! Are you ready for the 6th and last question from this part?
D. | Satoshi Club:
OMG the last one
Gio:
Go for it
D. | Satoshi Club:
and 10 in the next part 😉
Gio:
Short and sweet
Q6 from Telegram user @yellowchamp
Trust is essential for gamers using iGaming
platforms. Royale’s acceleration of use of ProvablyFair algorithms allows a
verifiable source of truth that can’t be meddled with.How ProvablyFair
algorithm become important and essential to an iGaming platform? How it is
being implemented to Royal Finance? How was the gamers experience for having a
ProvablyFair algorithm being applied to Royal Finance iGaming platform?Thank
you
D. | Satoshi Club:
that’s a tough question guys
Gio:
Royale does not use provably fair algorithms, but the gaming companies that the
Royale LPs provide liquidity for do. The original vision was based on
accelerating the use of provably fair tech, as currently iGaming operators use
black box algorithms that can be manipulated, Royale promotes a fair and
transparent world, by allowing players to verify the source of truth for their
wagers.
Mary | Satoshi Club: So, you use third part algorithms, right?
Gio:
Not necessarily, Provably fair algorithms are open source, anyone with. the
know how can use them, we make sure that the gaming companies that recieve the
liquidity use them, and that the Random number generators are certified.
By an independent third
party
That way players can
feel secure, and know they have not been cheated.
Mary | Satoshi Club: That’s great!
Thank you for your
answers! And live part is almost here😉
Gio:
Ok great
Mary | Satoshi Club : Ready for the storm, guys?
D. | Satoshi Club: live part
Mary | Satoshi Club: Let’s go 🚀
Part
2 — live questions from the Telegram community
Q1 from telegram username @messilolz
I am confused of all three tokens usecase and
utilities, can you please clarify it RPT, ROYA and mROYA one by one or do you
have any article for it?
How big and strong is your community? do you have
community for non english users?
Gio: We
have Turkish, vietnamese and Korean, and will be adding more.
Q3 from telegram username @topind7
How can entrepreneurs benefit form Royale platform?
Dan Royale
Raptor: If you’re an igaming or
gaming entrepeneur looking for financial support for your startup then get in
touch with us 😀
Q4 from telegram username @cryptofollower
As I know Royale is not here to build a gaming
platform but here to provide liquidity to iGaming industry. What are the
challenges that current iGaming industry facing right now? How do you solve
these problems? And why iGaming industry needs Royale?
Dan Royale Raptor: iGaming and Gamin industries are already huge, and
because of this, breaking into the mainstream is also a huge task. We are here
to help startups and entrepeneurs with financial and accelerator support so
they can fight head-to-head with the existing industry giants and their
monopolies
Q5 from telegram username @yellowchamp
According to one of your twitter post that Virtual
gaming and augmented reality AR is soon to be introduced into the booming
online iGaming industry and Royale is to drive to that vision. So my question
is,when can we expect a virtual gaming and augmented reality AR from Royale
Finance? With this vision of yours, what maybe the good impression and big
impacts that it will bring to Royale Finance network especially to users and
gamers? Thank you
Gio: One
of our associates is building an AR game that we are looking at, there is a
possibility that we will work together in the future, but nothing is concrete
yet.
Q6 from telegram username @alptrader
Who provide liquidity into the Royale ecosystem and
how system decides to lend to who or not?
Dan Royale Raptor:
Our community will provide the liquidity for the iGaming and Gaming companies.
In order to be accepted, these companies will endure a very rigid due diligence
and onboarding process to ensure the business is logical and sustainable. This
will include analysis such as code audits and rigorous platform testing. Risk will
be reduced by the companies providing collateral, for example in the form of
tokens or even intellectual property rights. Final decision will be voted on by
the governance council
Q7 from telegram username @xperia3
People like to invest on the projects which they
believe and more importantly where they fill like in a family. Community
connections has a key role nowadays for a successful project. My question is,
what are Royale Finance Team’s plans to
create a CORE COMMUNITY?
Gio: We
have already started an Ambassador programme and are updating our community
weekly with the progress the Royale DAO makes, we will be strating a weekly AMA
in the Royale TG now that V1 is live, we are consitently adding new products
which you will see over the coming weeks which will further enhance the
community.
Q8 from telegram username @Nataliyakil
Royale is a cross-chain De-Fi solution for the
iGaming industry.
In this
regard, you declare that every online casino can attract gamers with your
Provably Fair range of games supported by your community of token holders. What is the Provably Fair system and how do
online casinos and gaming portals use it to attract gamers?
Gio: This
is part of our V2 , it is a provably fair suite of products, that can plug into
any gaming company’s platform, more to come on this soon, and a sneak peak of
the U.I in Q3
Q9 from telegram username @bill_gatesx
‘It is acknowledged that projects need an active
community that is highly motivated and focused on the development of the
project. Will you offer rewards and incentives to maximize contribution from
your community????
Dan Royale Raptor: Yes 100%! We would like anyone who contributes to the Royale ecosystem to be rewarded. On top of general application protocol functions like staking and providing liquidity, soon there will be many mroe layered reward programs to expand the Royale Realm!
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:
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 Sienna and our guests
were @MontyMunf0rd and Sienna Network. The AMA took place on 10 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
Andrés
M. | Satoshi Club: Thank you for the introduction. We have
collected some community questions, would you like to proceed?
Gold
Rocket | Satoshi Club: Thanks for sharing
Monty
Munford Sienna Network: Sure.
Q1 from Telegram User
@andrey_seleznov
Sienna
promises fast transactions that will cost only a few cents. Users will
definitely be excited not having to pay exorbitant fees. Can you tell us more
about your infrastructure? How do you achieve high speeds and such low fees
being cross chain platform? Fees remain low even when trading with ETH chain?
Monty
Munford Sienna Network: We do and that is our aim.
Transaction fees are too high and we will explain in coming months. A bit
vague, sorry.
Gold
Rocket | Satoshi Club: Do you want to add something to
this question?
Monty
Munford Sienna Network: Not at the moment.
Gold
Rocket | Satoshi Club: Also we would like to know about
your team. Who is on the project team?
Monty
Munford Sienna Network: We have people all over the world.
London, Copenhagen, Sofia, Zurich. A great team.
Gold
Rocket | Satoshi Club: Is this an anonymous command? If
so, do you plan to open over time?
Monty
Munford Sienna Network: Good question. We shall be opening
up soon.
Apologies, but this was
a last-minute thing and my mobile is nearly flat.
Any more?
Andrés
M. | Satoshi Club: It would be great for user’s trust
Gold
Rocket | Satoshi Club: Thank you very much for your
answers! Ready to proceed to the next question?
Andrés
M. | Satoshi Club: Let’s proceed😃
Monty
Munford Sienna Network: Yes
Q2 from Telegram user
@Jonahapagu
In
sienna users can use the Bridge to Convert tokens from multiple ecosystems into
secret tokens, at the moment only ethereum is supported with plans to support
polkadot, Binance, monero and cosmos… so can you explain what happens at the
bridge when a user wants to convert tokens of other networks to secret tokens,
what happens to the tokens to be converted and how are the new secret tokens
minted, and how does sienna assure users that the newly minted secret tokens
are indeed privatized tokens?
Monty
Munford Sienna Network: Yes, users can utilize Secret’s
bridge to tokens into privacy-tokens.
Sienna has created an
interface for this bridge
Andrés
M. | Satoshi Club: How is the process?
Monty
Munford Sienna Network: Tokens do indeed become private.
Gold
Rocket | Satoshi Club” it is very interesting!
Monty
Munford Sienna Network: How that is best explained is on
the scrt.network website.
Gold
Rocket | Satoshi Club: thanks for the answer and the
hint! do you want to add something or are you ready for the next question?
Monty
Munford Sienna Network: Yes
Q3 from Telegram user
@victorogb
wSIENNA
is an ERC-20 version of the native SIENNA token running on Secret Network
(SNIP-20). In order to mint wSIENNA, users have to lock an equivalent amount of
SIENNA in the bridge and this action can be reversed by burning the wSIENNA to
get back SIENNA. Therefore, what is the major difference between the wrapped
SIENNA and SIENNA, how are they used differently and though SIENNA currently
runs on secrets network Ethereum bridge, but are there plans to incorporate
other blockchain bridges on the network for a better user variety and ease of
transactions?
Monty
Munford Sienna Network: The main difference is that
wSienna 8s running on Ethereum.
Andrés
M. | Satoshi Club: And what are the use cases of SIENNA
token?
Monty
Munford Sienna Network: Whereas the SNIP-20 coin is
running on Secret Network.
That means that wSienna
used on Ethereum will be bridging multi ecosystems.
More bridges are being
built to other ecosystems as well where we also have a Sienna wrapped token.
That’s my answer.
Gold
Rocket | Satoshi Club: this opens up a lot of
possibilities for users👍
Monty
Munford Sienna Network: We hope so.
Andrés
M. | Satoshi Club: So, where can we buy the Sienna token?
Monty
Munford Sienna Network: Uniswap.
Andrés
M. | Satoshi Club: What is the contract address?
Sienna
Network: When you use Sienna Swap, the privacy-first AMM
launching this month, every time you execute a trade, a portion of the trading
fees go to burning the SIENNA token, thus reducing the total supply. SIENNA
also acts as a governance token which will give you influence over the AMM, the
upcoming privacy-first lending protcol and much more.
Sienna
Network: Uniswap, Gate, and more exchanges coming very soon!
Greetings! Thanks for
having me alongside Monty!
Andrés
M. | Satoshi Club: Thanks for the answer and welcome to the
AMA😃
Gold
Rocket | Satoshi Club: we are happy to have you here!
Andrés
M. | Satoshi Club: Is there something else would you like
to add before the next question?
Sienna
Network: Yes, I’d like to add that the reason why the tx
fees on Sienna are significantly lower than on Ethereum is due to the fact
Sienna is built on Secret Network
Secret Network is the
first blockchain with privacy-preserving smart contracts, hence why it also
obtains the privacy from there.
Secret Network is built
on Cosmos, and that’s where it obtains the high scalability and low fees 😊
Gold
Rocket | Satoshi Club: Yes, we are familiar with this
project. They were at our AMA😍
Andrés
M. | Satoshi Club: Has it been audited?
Sienna
Network: All Sienna’s code has been audited by Certik, yes
Andrés
M. | Satoshi Club: Great job 💪
Gold
Rocket | Satoshi Club: Want to share your results with
us?
Sienna
Network: Results are already on our website.
https://sienna.network/wsienna
Gold
Rocket | Satoshi Club: Thank you so much! Safety first👏👏👏
Sienna
Network: One more audit of the native token will be
published today
Andrés
M. | Satoshi Club : [ 🤗 Sticker ]
Gold
Rocket | Satoshi Club: Are you ready for the next
question?
Sienna
Network: And the final audit for the AMM will arrive shortly
Safety first indeed!
Yes!
Andrés
M. | Satoshi Club: Will be waiting for it
Gold
Rocket | Satoshi Club: don’t forget to share with Satoshi
Clubbers😉
Q4 from Telegram User
@cryptofollower
Sienna
is now listed on gate.io and uniswap. Governments don’t like the idea of the
private tokens. So they make exchanges to delist them. We have seen monero to
be delisted from some centralized exchanges. If that’s the case, is it possible
to give special privileges to centralized exchanges to see the blockchain data
and prevent from delisting? What do you think about this?
Sienna
Network: It’s worth noting that Gate has listed wSIENNA (the
public token running on Ethereum). That’s why it’s important to have wrapped
tokens for multiple blockchain ecosystems, but $SIENNA will always be our
favorite. SIENNA has native native since it’s native to Secret Network
Gold
Rocket | Satoshi Club: This is indeed a very wise
decision on your part 👌
Position Win Win
Andrés
M. | Satoshi Club: How is the amount distribution of
$Sienna?
Sienna
Network: Total supply is 10,000,000
You can find more about
the tokenomics on https://sienna.network/token
Andrés
M. | Satoshi Club: And the market cap?
Sienna
Network: Current market cap is around $7m
Andrés
M. | Satoshi Club: Thanks for share the info, do you want
to add something else?😃
Sienna
Network: If people want to check out Sienna they can visit
the website: https://sienna.network or join our Telegram: @GoSiennaNetwork 😊
Andrés
M. | Satoshi Club: Let’s join Satoshiclubbers🥳
Well, let’s proceed😁
Q5 from Telegram user
@Xusuo
I
read your data about Liquidity Pool, all 3.9 million Sienna token will be
finish to be minted in 4 years. So what will happen after your LPs depleted and
no Sienna Token to be mint again? What are the plan so your project can keep
growing?
Sienna
Network: 😄 🙏
There will be other
ways to earn Sienna after the minting pool ends. What those plans 4 years from
now are, remain secret. In the meantime, you can see our roadmap here:
https://sienna.network/roadmap
Andrés
M. | Satoshi Club:Do you have staking programs?
Sienna
Network: Not as of right now but there will be soon
Andrés
M. | Satoshi Club: Btw, what of those coming events are the
greatest for Sienna?
Sienna
Network: Product launch this month, more exchanges, exciting
partnerships, privacy-first lending in full speed development, more bridges on
Secret Network to multiple ecosystems and much more. We’re beyond excited!
Andrés
M. | Satoshi Club: A lot of exciting things are coming, it
means a lot of work to do 😁
Btw, don’t forget to
share with us your coming events 🥳
Sienna
Network: Indeed! Sienna is on a mission to innovate at a
high pace. Privacy DeFi is here to stay and is what’s needed for DeFi to truly
flourish. Those who know, know.
Andrés
M. | Satoshi Club: Great, is time to proceed with the last
question of this first part of the AMA, ready to go?
Gold
Rocket | Satoshi Club: Thank you very much for your
answers and clarifications! 👏
Sienna
Network: Yes sir!
Q6 from Telegram User
@yellowchamp
wSIENNA
(wrapped SIENNA) is an ERC-20 version of the native SIENNA token running on
Secret Network (SNIP-20). SIENNA is a privacy token, wSIENNA is not. To vote at
the Sienna Network protocol, you will need to swap your wSIENNA into SIENNA. So
can you tell us if SIENNA token will remain private forever? What is the
advantage of being a private token? By time goes by,can we expect SIENNA token
to be available in other Blockchain aside from Secret Network? Can you explain
more about the different characteristic of SIENNA token from wSIENNA especially
to its uses in Sienna Network Protocol? Thank you
Sienna
Network: Yes SIENNA will remain a privacy token. it’s worth
noting that, given you need to show your transaction history to someone, you
can generate a viewing key for them.
The advantage of being
a privacy token is that privacy solves a lot of problems in DeFi.
Front-running, lack of privacy (if someone sends you some BTC / ETH for
example, you’re able to look up their balance and transaction history. That is
of nobody’s business than you – unless you give a third party access given your
consent.
Yes you can expect
SIENNA having a wrapped token on BSC, Polkadot and other ecosystems in the
future.
wSIENNA = public
wrapped token on Ethereum
SIENNA = native privacy
token on Secret Network
Gold
Rocket | Satoshi Club: I really like this idea and
simplicity
Andrés
M. | Satoshi Club: So innovative, we should recognize the
great job of your team
Gold
Rocket | Satoshi Club: I really want you to implement
your plan as soon as possible and we could use it to the full
Now get ready for the
most impressive part of our AMA – the live questions!
Gold
Rocket | Satoshi Club: @thisissienna are you ready?🚀
Sienna
Network: Ready as can be!
Part
2 — live questions from the Telegram community
Q1 from telegram username @KhaleesiTheCryptoLady
Can
you share to us the reasons why did you choose to build SIENNA in Secret
Network? What is its edge to other popular networks?
Sienna
Network: Programmable privacy is essential for DeFi as you
can use sensitive data on the blockchain without revealing that data. Privacy
also protects front-running and many other things
Q2 from telegram username @ronaldo_super
Can
you list your most unique feature that not any of other de-fi project has it
only Sienna has?
Sienna
Network: Inherent privacy. Front-running resistance. Cross
chain support
Q3 from telegram username @boradam
Where
to I buy Sienna?
Sienna
Network: Uniswap, Gate and more exchanges coming soon
Q4 from telegram username @csgonub
Are
there any yield farming or lending properties do you have these systems?
Sienna
Network: Yes, once SiennaSwap launches this month, you can
do yield farming
Q5 from telegram username @topind7
Is
Sienna a Fully decentralized platform and do you value users privacy?
Sienna
Network: Yes fully decentralized, running on Secret Network
😍
Q6 from telegram username @BJosefina61
“KYT
support for institutions”
What
is KYT sir? can you explain more?
Sienna
Network: Know Your Transaction as an optional feature for
the ones who prefer it. Sienna believes
bringing in big instituions is key to DeFi adoption.
Q7 from telegram username @BlancaSdF
]
Why
did you decide to build on the Secret Network and not on other more popular
blockchains like Monero or Zcash?
Sienna
Network: Because Monero and Zcash don’t have smart
contracts. Secret Network has programmable privac
Q8 from telegram username @testercoin
Are
you planning to do any NFT tokens support into your project? Does Sienna
support NFT’s?
Sienna
Network: Yes! Private NFTs are already on mainnet on Secret
Network. Sienna will support these
Q9 from telegram username @pavaaaaaan
For
being able to be adaptive in nature, user friendliness is much needed and might
turn out to be a challenge. How are you planning to educate your users and make
the experience user friendly?
Sienna Network:
The contributors to Sienna have built products that today is being used by tens
of millions of people. They are hyper focused on user experience and design
Q10 from telegram username @Guandog
wSIENNA
will only be on Ethereum or could it be on other blockchains soon?
Sienna
Network: BSC and Polkadot are the next ones up!
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:
