Month: May 2021

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from TACEN, its architecture is blockchain agnostic, instead relying on a decentralized network of oracles running on DFINITY’s Internet Computer in order to track and provide trade data for our unique coordinated settlement process. The AMA took place on May 07 and our guests were Clarence Liu (Chief of Product) and Jae Yang (CEO and Founder).

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

---

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

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

Andrés M. | Satoshi Club: welcome to Satoshi Club. We are glad to have you here today.

Clarence Liu: Our founder Jae Yang is joining too.

Mary | Satoshi Club: Give us his username, please. Everyone is here, so, let’s start our AMA.

Andrés M. | Satoshi Club: How are you guys?

Clarence Liu: Great, thanks for having us!

Jae Yang: Excited to be here.

Mary | Satoshi Club: We are also excited! And first thing we will ask you is your intro, could you please introduce yourself and tell us more about Tacen.

Jae Yang: Sure! I’m CEO and founder of Tacen. I have been writing software professionally for a while (roughly 18 years) My background is in aerospace engineering, and I did work in the defense industry – mainly in engineering simulations for helicopter design.

Mary | Satoshi Club: Young talent.

Clarence Liu: I’m the Chief of Product for Tacen, I have 3 years of executive experience in blockchain and 7 years of software engineering experience. My past experience includes Advisor for opulous.org and VP of Development for Elastos.

Jae Yang: After roughly 9.5 years in that industry I went on to ecommerce, then IoT, and finally in payments and blockchain.

Andrés M. | Satoshi Club: So, what is the essence of Tacen?

Jae Yang: Tacen is a hybrid dex (hDEX) that aims to improve speed and privacy of traders, the architecture is designed with centralized orderbook, and decentralized settlement layer.

Clarence Liu: we have a great blog post recently that explains more, please take a look after the AMA: https://tacen.com/blog/hdex-a-new-generation-of-crypto-exchange/

We’re also one of the few projects brave enough to start in the US, to prove our legal prowess if you may.

Andrés M. | Satoshi Club: How did you become one of that projects? How was the process?

Clarence Liu: It’s not really a process, it’s a strategic decision, Jae Yang has extensive experience in compliance and software engineering from his role as Director of Engineering at Metal Pay in the US, so he worked very closely with the legal team, AML, anti-fraud systems and more. Therefore gained a strong understanding of the legal landscape, rare for a software engineer.

He was confident he could do this in the US properly, and even signed up his friend Shah Hafizi who is now our advisor to review his strategy, Shah Hafizi is an ex-SEC Special Counsel, was Chief Compliance Officer at Blackrock and now is CCO at Genesis Group.

Q1 from Telegram user @mm_carlos

 I read a little about the architecture of Tacen and it is categorized as a hybrid architecture, some hybrid platforms make certain arrests or hold money from user funds and that is worrying, does Tacen hold user funds for a certain time or does the user have their funds at the moment they need it?

Clarence Liu: In the hDEX architecture Tacen never has custody of funds, funds are collateralized in an individual smart contract based “Smart Wallet” for the entire duration of trading, but that Smart Wallet is fully owned by their private key. In the event there is a failure in the centralized order-book, all traders receive their funds back in 2 days. furthermore it’s still possible to settle during this period because the hDEX oracles (SDOs) are still operational.

Andrés M. | Satoshi Club: So the users are the only owners of their keys?

Clarence Liu: yes, only you have the private keys that control the Smart Wallet.

Jae Yang: Yeah, fund has to leave your wallet to your own smart wallet (escrow-like smart contract)

Q2 from Telegram user @Arisabela

It’s very surprising that Tacen doesn’t really have a token of its own. On the contrary, you guarantee full sovereignty of the users’ money. What is the economic model of this platform based on without a token? How do they generate incomes in a sustainable way?

Clarence Liu: Let’s clarify the ecosystem first, there is another separate project to build the TXA Ecosystem. the TXA Ecosystem consists of the TXA Decentralized Settlement layer, this is a settlement layer run by oracles which we call “Settlement Data Oracles” (SDOs) in this ecosystem there is a token however, and TXA token’s utility is to be staked as one of the pre-requisites to operate an SDO, in return SDOs can charge a fee for providing the settlement data, so there is this economic model.

Tacen is the development company and does not have a token, in fact I believe the TXA Ecosystem will grow much larger, its goal is to be a generic settlement layer that can support all types of exchange platforms, NFT exchanges, regional exchanges, different asset exchanges and more, not just Tacen’s future US-based exchange.

Mary | Satoshi Club: Got it! Who and how can get TXA?

Clarence Liu: so you can imagine there is a governance aspect to it too. If you have questions about TXA specifically, please join https://t.me/txa_community.

Q3 from Telegram user @dudeiebitch

 Your main target is to bridge the gap between speed And security because centralized crypto exchanges are too risky to trust and on the other hand, decentralized exchanges are too slow. How do you plan to be fast and make sure our details are extremely secure even though we go through KYC.

Clarence Liu: That question makes the wrong assumption, the hDEX architecture supports trading without KYC, so we never have the details in the first place.

Jae Yang: We’re speeding up the order submission, modification, and matching part by centralizing them, and we’re moving the p2p settlement part into the constituent chains, So the settlements are aggregation of all the trades that results in debit-credit relationship between the traders themselves.

Mary | Satoshi Club: So, you will have KYC verification?

Jae Yang: No for crypto-crypto trades.

Mary | Satoshi Club: What about your smart contracts? Did you audit them?

Clarence Liu: FYI the SDO (oracle) software will also be open-source and audited, the TXA Ecosystem will be fully transparent, open-source and audited, therefore it can be run by the community in confidence.

Andrés M. | Satoshi Club: So, that’s the next step in your roadmap? What else is coming in your roadmap?

Clarence Liu: Our launch is towards the end of 2021 or start of 2022, so there’s lot of partnerships and integrations to announce, as well as security audits, invite-only beta tests and more, as the hDEX architecture is cross-chain we’ll be building a list of launch partners and supported blockchains, you can definitely expect ETH, RSK, and a few popular chains, but we’re working on more.

Andrés M. | Satoshi Club: Any sneak peek for us about that coming partnerships?

Clarence Liu: well definitely DFINITY, but I wouldn’t call that a partnership, but we’re likely building on their technology to create a scalable oracle network. we’re one of the few projects building on DFINITY’s Internet Computer right now, you’ll see a brief mention of us on today’s DFINITY Mercury Genesis launch event.

Q4 from Telegram user @Jonahapagu

One of the main aim of TACEN is to combine the best of Centralized and Decentralized exchanges in order to create what is called a Hybrid-decentralized exchange (hDEX) in a two-fold architecture comprising of a centralized order management, with decentralized settlement, so can you explain how this two-fold architecture works and how combining them together will improve users trading experiences, what are the key reasons why TACEN decides to combine features of both centralized and decentralized exchanges and what important features are you bringing from both worlds..

Clarence Liu: On an hDEX you start trading like on a DEX where you connect your Metamask or other private wallet. Then the hDEX will help deploy the “Smart Wallet” on any chain you want to trade with ensuring you are the only owner. The Smart Wallet is a suite of smart contracts that allow you to collateralize funds you wish to trade with. Once connected, trading is similar to the CEX experience, we have a full order-book with advanced order types such as limit orders, trailing stops, and more. When you submit orders they are signed with your Smart Wallet’s private key, which only you know, and then they are sent to a centralized order matching engine. The order matching is done at <1ms speeds because it is an off-chain system similar to a CEX. Of course you can only trade up to the amount you have collateralized, initially TXA Ecosystem will not support leveraging.

Once connected, trading is similar to the CEX experience, we have a full order-book with advanced order types such as limit orders, trailing stops, and more. When you submit orders they are signed with your Smart Wallet’s private key, which only you know, and then they are sent to a centralized order matching engine. The order matching is done at <1ms speeds because it is an off-chain system similar to a CEX. Of course you can only trade up to the amount you have collateralized, initially TXA Ecosystem will not support leveraging.

Mary | Satoshi Club: Which blockchains will be available?

Jae Yang: We’re still evaluating this, but we take compliance seriously, that means We’ll focus on bona-fide cryptocurrency networks that support smart contracts, utility tokens that pass the muster under SEC’s Digital Asset Framework and so on exchange itself won’t charge fees or something like that for listing. It’s purely a function of compliance, tech considerations (integration), and whether it makes sense business wise.

Mary | Satoshi Club: Do you know how many tokens already passed it?

Clarence Liu: but remember the TXA Decentralized Settlement Layer will in the future support many other exchange platforms in addition to Tacen’s future flagship US-based exchange. So you can imagine SDOs and governance voting for new chains or tokens. However these will have to be on new exchange platforms set up by other entities.

Q5 from Telegram user @kosku21

Among the team’s plans to become pioneers in the NFTs market, how are you working to achieve this goal? What are they focused on and what technology or blockchain will be used for this area of   non-fungible tokens?

Jae Yang: Tacen’s working on NFT marketplace, and I think one of the main issue is the discoverability, as well as intuitive UI. I use opensea quite a bit (great place), but it still feels like early days of ebay. I think one of the things that can be improved in the NFT marketplace is clear indication of provenance (I mean real provenance of the IP). This is where a business entity can help verify the artist’s claim (and if it is not an art work still same) that it is from the creator’s own work.

Listing and resale should always have the certificate of authenticity type of info. Blockchains help with the persistent immutable part, but not the original authenticity checks.

Mary | Satoshi Club: How do you plan to manage this?

Jae Yang: We can provide additional guarantee with old school physical verification (if the asset value is high) and additional manual checks on the authenticity claims.

Q6 from Telegram user @cleotilde1

The speeds that Tacen offers for its users in terms of sales and purchases are 5-6 ms, this is really good, what did they do or what mechanism did they use to reach these high speed limits and what records have they obtained in terms of the speed of purchases or sales?

Jae Yang: Ok, couple deep tech considerations:

1. Orderbook cannot easily be parallelized

2. Order input to processing pipeline needs to be as simple as possible

3. event stream processing for the advanced order types are generally better handled in its own subsystem.

So consequence of this is that we want to make sure software we develop are constantly profiled for performance, this is where getting down and dirty with micro-optimizations matter, even though comp sci folks would say “optimize later”. There are A LOT of tricks of the trade to improve performance of the orderbook processing and in the coming days we’ll release some tech blog articles to outline them.

Andrés M. | Satoshi Club: @dchem and @ClarenceL thank you so much for your amazing answers guys, would you like to share useful links with us before the live segment?

Jae Yang: https://tacen.com  https://t.me/tacen_app

Clarence Liu: Follow our Twitter at https://twitter.com/tacen_app and me if you’d like https://twitter.com/ClarenceLiu

---

PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.

Q1 from Telegram User @Rahulmgr

Is your team running or plan to run global communities to raise awareness about your project? so as many people can learn about what you do and benefit from using your unique HDex.

Clarence Liu: Yes! We have a fast growing Japanese and Korean community and plan to start more, the entire point is to make a global decentralized community owned settlement layer for future exchanges. Also a lot of DFINITY fans globally are looking at us so we’re expecting fast growth.

Q2 from Telegram User @xperia3

Is Tacen team really dedicated on keeping the DECENTRALISATION at the top? How sure can we be Tacen team will make no concession on Decentralization?

Clarence Liu: Yes, the hDEX architecture is built around community operated settlement oracles. It cannot function as a centralized system.

Q3 from Telegram User @Jonahapagu

On your website it is stated that Tacen will launch a TBD exchange built on its unique decentralized architecture, and Users will be able to deploy their own non-custodial smart wallets which they have full control over and…. so if a user wants to deploy a non-custodial wallet what requirement must they meet, what do they need to have and how do they actually deploy a non-custodial smart wallet on your platform… what will be the features of this non-custodial wallets and what do users stand to gain from deploying a non-custodial wallet on your platform…

Jae Yang: the smart wallet is a non-upgradable smart contract. The deployment is done through what’s called a factory contract (which assures that contracts traders use are the same) users can just bring their own wallet (metamask, etc) that will interact with the escrow smart contract.

Q4 from Telegram User @centoscu

If you don’t require any KYC do you have any security system for people who wants money laundering?

Clarence Liu: Yes, we still file Suspicious Activity Reports, do data forensics and block many IPS or flagged addresses. Even though we don’t do KYC we have a strict AML policy. Finally remember that we broadcast all matched trades transparently, so it’s very easy to follow the funds in our system. It would be unwise to use the hDEX architecture for money laundering purposes.

Q5 from Telegram User @cryptofollower

You mentioned something named “Settlement Data Oracles” so do you have your own Oracle? Or do you have partnership with a company like Chainlink? How do you get market data?

Jae Yang: We have no plans to use Chainlink. Chainlink is perhaps good for obtaining external exchange’s information when aggregate exchange information is needed for third party, or for derivatives. Since Tacen Exchange Platform is its own exchange, and community-run SDOs witness and curate the executed trades, there’s not a compelling reason to use external oracle providers.

Clarence Liu: Please read our blog post here: https://tacen.com/blog/hdex-a-new-generation-of-crypto-exchange

But no they are our own oracles, they basically act as satellites witnessing and recording all the matched trades in the TXA Ecosystem. Then provide that settlement data for the coordinated settlement process so they’re very specialized oracles.

Q6 from Telegram User @yellowchamp

Why your platform not launching it own native token? Do you plan to launch Tacen Token in the future?

Jae Yang: We comply with US regulations.

Q7 from Telegram User @cindy_crypto

You said all traders receive their funds back in 2 days. How is it work? Can I cancel my successful order?

Clarence Liu: No, this is only in the context of the centralized exchange platform being down, then after 2 days all funds are released back to the original owner.

Q8 from Telegram User @Cleotilde1

I read about your speeds of 5-6ms, I don’t know much about this but, are you planning to increase this level by more?

Clarence Liu: Yes, we can definitely get this down to <1ms, I’ll let Jae speak on this @dchem

Q9 from Telegram User @Ferhat_19033

The security of assets is the first thing that comes to me and other Investors when choosing a project, so what are you writing to ensure that the smart contract is free from errors and vulnerabilities?

Jae Yang: We’re working on rigorous audit process. We’re also incorporating some formal verification methods that will reduce overall errors associated with interacting with multiple blockchains (which are concurrency and state sync issues).

Q10 from Telegram User @csgonub

If I use your system will I have my own private keys or will you manage them for us?

Clarence Liu: You manage your own private keys, we are truly non-custodial. Even some DEXs they have ways to freeze your funds, we do not. This is because the entire settlement layer is operated by the community and not us.

Q11 from Telegram User @smelekin

Tacen is next gen Non-Custodial Exchange so what makes Tacen a next gen and different?

Clarence Liu: Please read our blog and upcoming articles: https://tacen.com/blog/hdex-a-new-generation-of-crypto-exchange/

Q12 from Telegram User @nassiruddin

‘Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainet or switch to other blockchains in the future…???

Clarence Liu: We do not operate on a blockchain, we are blockchain agnostic, think of us as a hub between many blockchains and we enable cross-chain trading. We will try our best to support BSC as one of our blockchains we allow trading on.

---

PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Tacen. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

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

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

Website: https://tacen.com  

Telegram: https://t.me/tacen_app

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 Prostarter and our guest was @PROT_Ahsan who is Co-founder of prostarter.io. The AMA took place on 9  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 Prostarter! Welcome to Satoshi Club😀

D. | Satoshi Club: today our guest – @PROT_Ahsan !

🙂

Ahsan PROT | will never DM you first:[09.05.21 16:48]

Hi Everyone,

Mary | Satoshi Club: Welcome to Satoshi Club 😉

How are you today?

Ahsan PROT | will never DM you first: Thank you so much. Nice to be here among you guys.

Mary | Satoshi Club: Let’s start our AMA 🚀

Ahsan PROT | will never DM you first: I’m great. Thank you.

Yes sure.

Mary | Satoshi Club: Ahsan, could you please introduce yourself and tell us more about Prostarter?😀

Ahsan PROT | will never DM you first: Yes sure,

This is M. Ahsan, Co-founder of prostarter.io. I’ve been in crypto and blockchain development from long time.

Prostarter is a new contribution to the crypto world with lots of differentiating elements. Prostarter is on a mission to provide hassle-free processes for fundraising for cross chain IDO’s by introducing features such as one-time KYC and transparent LIVE Whitelisting along with the NFT launchpad and marketplace and much more for the crypto community.

Mary | Satoshi Club: Is it your first project in crypto?

Ahsan PROT | will never DM you first: Well I’ve been development team for several project back in 2017-18. but yes If own something then this is my first project where i’m the part of core team.

Mary | Satoshi Club: Gotcha!

Thank you for your intro! Do you want to add something or we can go to the questions from our community?😀

Ahsan PROT | will never DM you first: I think you can move to next round. let’s take some community questions.

D. | Satoshi Club: thank you! let’s do this!

Q1 from Telegram user @Arisabela

 Prostarter aims to support only “well-deserved and high quality blockchain projects” I must suppose they will have to pass a rigorous study and selection process, who will be in charge of choosing the projects? Under what criteria? Or will it be hand in hand with the community?

Ahsan PROT | will never DM you first: Don’t worry, we have a proper team arranged for the scam to identify very keenly. We will check the audited reports. We will also set up a meeting with them to know the legitimacy that they are fair and trustworthy for our crypto community to take part in. In the end the decision will be held from the governance board for the ultimate right decision cancelling out all types of scams.

Mary | Satoshi Club: So, no projects with anonymous teams?

Ahsan PROT | will never DM you first: yes,

Mary | Satoshi Club: What about audits?

As i know there are a lot of audit reports, which i can call such as to raise doubts😀

Ahsan PROT | will never DM you first: Project contract should be audited from any of top and well reputed audited firm.

Mary | Satoshi Club: That’s nice😀

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

Ahsan PROT | will never DM you first: yes

Q2 from Telegram user @Jonahapagu

Prostarter is one of the First blockchain projects that will be doing a Live IDO Whitelisting where both public and private members will be able to see the whitelisting process live on their screens, this is to clear all kinds of trustlessness and transparency concerns… so on what platform will the Live IDO Whitelisting be done, how can private and public users participate in the IDO Whitelisting, will every participant in the IDO whitelisting have an equal chance of being selected.. and if a user is selected what will be the minimum and maximum allocation they can get..

Ahsan PROT | will never DM you first: Good question. let me explain everything

Mary | Satoshi Club: Take your time 😀

Ahsan PROT | will never DM you first: about 4 question in one question hahha

-First part what platform will the Live IDO Whitelisting be done,. obviously it will be on our own platform.

-how can private and public users participate in the IDO Whitelisting , For every project we will open whitelisting form and people can apply through that. You might have seen our IDO whitelisting form on our website. It automated so until a user doesn’t connect it’s metamask he will not be able to reach to form. SO first of all no bot entries at all.

-will every participant in the IDO whitelisting have an equal chance of being selected, Chance of getting whitelist depends upon number of tickets. So more number of ticket means more chance to win whitelisting spot.

-Minimum allocation could be different for every project.

D. | Satoshi Club: can you already name the projects, who will be participate in the first IDOs on your launchpad?

Ahsan PROT | will never DM you first: Right now we got several applications and we are reviewing application. We will announce first IDO after a few days of our uniswap listing.

D. | Satoshi Club: got it, thank you for answer! ready for the next question?

Ahsan PROT | will never DM you first: Next question please.

Q3 from Telegram user @Ajpaa

Prostarter is encouraging use of NFTs by giving 12% dedicated token allocation for NFT-based blockchain projects. ProStarter roadmap, after successful IDOs, will be launching NFTs Launchpad and marketplace in the next month(s).. For NFT artist/shops that want to establish brand identity and loyalty, does ProStarter platform have in place for NFT artist/shops structure to develop influential global brands identity and loyalty? Do you have creator grants in place to support and encourage up coming creators with potentials, hence more growth on platform.

D. | Satoshi Club: in simple term – what are your plans on NFTs? 😄😉

Ahsan PROT | will never DM you first: Well WE are in process of developing NFT marketplace and to encourage NFT creator we have dedicated 12% of tokens. So I think this is big support.

Other than that. We are working and planning to launch NFT games where there will be special rewards for the users. That story is in process and we will be publish it very soon.

So there is a lot to come to support NFTs

Mary | Satoshi Club: On which blockchain will be based your NFT marketplace?

We will patiently wait for updates😉

Ahsan PROT | will never DM you first: It would be crosschain. ETH, BSC and TRC initially.

D. | Satoshi Club: very nice! it will be cool

Mary | Satoshi Club: Wow! That’s awesome!

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

Ahsan PROT | will never DM you first: yes

Q4 from Telegram user @cryptofollower

 ProStarter is a DeFi launchpad platform. I see you concluded private sale and pre-sales. But for $PROT IDO why did you choose ZeroSwap and a double launchpad with ProStarter? Initial Dex Offering on ZeeDO requires staking ZEE tokens. Are there any token staking requirement for joining the IDO on your launchpad? What are the details for total number of seats?

Ahsan PROT | will never DM you first: We have been discussing with different IDO platforms but we found ZeeDo very professional. Experience has been really great, their team is very professional and aligns things perfectly before time.

2nd part. Are there any token staking requirement for joining the IDO on your launchpad?

No particularly staking but token locking would be required to participate in IDOs on our platform.

Mary | Satoshi Club: Which benefits will $PROT holders have?

Ahsan PROT | will never DM you first: And since to get whitelisting there need tickets and tickets depends upon number tokens and locking period. so that’s why locking would be required.

Mary | Satoshi Club: Will you have min/max to lock?

Ahsan PROT | will never DM you first: Pro-Kings will have benefits but for other users it’s important to lock tokens to get lottery tickets

Mary | Satoshi Club: @PROT_Ahsan😀

Ahsan PROT | will never DM you first: actually yes. We will announce the exact amount of token to be locked for minimum days to get one ticket at least. .

Mary | Satoshi Club: Gotcha! Satoshiclubbers, stay tuned 😉

Thank you for your answers! Ready to proceed?🚀

Ahsan PROT | will never DM you first: yeap.

Q5 from Telegram user @yellowchamp

In your roadmap Q3 2021, Prostarter set to launch TRC. So ,can you explain more about TRC? What is the main thing that TRC focuses in your platform? How it will bring good impacts to Prostarter entire network? How will users and investors of Prostarter be benefitted and be profitable with TRC? Thank you

Ahsan PROT | will never DM you first: After ETH and BSC chains we decided to go for TRC as well. Not only we are is process to make $PROT cross chain we will accept TRC projects as well. Also we are thinking about other chains as well. like Avalanche chain.

Since bsc and trc chain has less gas fee so  obviously more user would like to shift on those chains for trading.

D. | Satoshi Club: what about implementation of Layer2 on Ethereum? do you have plan to work with projects like Matic?

Mary | Satoshi Club: Polygon 😉

Ahsan PROT | will never DM you first: yes we are already working on layer2 as well. I noticed that ETH is also working to reduce gas fee. so that would be helpful.

and yes Matic and ADA are in mind.

D. | Satoshi Club: nice! thank you for answer!

ready for the next question?

Ahsan PROT | will never DM you first: yes

D. | Satoshi Club: the last question from part 1

Q6 from Telegram user @Antoni_azx

I couldn’t avoid to be interested in your alliance with powerful security experts like HACKEN, can you tell us how this alliance helps you and what are your security strengths? What options do you offer to new projects?

Ahsan PROT | will never DM you first: Obviously HACKEN is one of the top project security audited firm and it’s nice to be partner with them. As far as new projects are concern, It’s not important for them to be audited by Hacken but yes they must have to be audited from any of top security firm.

Mary | Satoshi Club: Whith wich projects do you have partnerships?

Ahsan PROT | will never DM you first: Right now hecken is our security partner, blockpass is our partner for KYC, also we are in partnership with zeeroswap, hotbit and probit as well. As far as IDO project partnerships are concern. we are receiving applications and we will announce soon.

Mary | Satoshi Club: Got it👍

Thank you for your answers!

Ready for the most exciting part of our AMA? Live part 🚀

Ahsan PROT | will never DM you first: So it’s next round time. right?

Mary | Satoshi Club: Right😀

Ahsan PROT | will never DM you first: okay. I’m ready.

Mary | Satoshi Club: Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from telegram username @Alika061

What are the plans after the IDO #Prostarter after it ends and will the $PROT token be listed on Binance or other markets or maybe on the dex and cex, then what price will be when the $PROT price list is?

Ahsan PROT | will never DM you first: Right after the IDO we are going to list on uniswap and trading will get started. 13th may is hotbit listing days. and on 16th may we are listing on probit. With that we are in touch with other exchanges as well soon you will get some good news. Binance is not under discussion right now for the listing.

AMA is a part of marketing and getting people aware about the project. Apart form that there are several marketing going on. As a result you can see significant growth of our community on twitter and telegram.

Q2 from telegram username @atom022

Token burn is important for investors.

Do you have any plan burn or buy pack?,,,,

Ahsan PROT | will never DM you first: At very start we have total supply of 100M and after first round of pre-sale we re-schedule the things and burnt 25M tokens and  reduce total supply to 75M. We had a plan to burnt all the extra token to be sold out in pre-sale and private sale round. But they just took minuets to sale out. Similarly in future we will decide if there would need any token burnt we will burn

Q3 from telegram username @Velora08

Ensuring a security issue is certainly important for users… So, can you tell us about the security of your platform? Have you done an audit through any audit platform..??

Ahsan PROT | will never DM you first: Yes, security is most import and most concerning thing for every project. Out contract is fully audited by hacken.io (one of the top security firm). you can see report on our website as well as on hecken website as well.

Q4 from telegram username @Ratash97

When is your launchpad and in which plateform ?

Ahsan PROT | will never DM you first: We are conducting IDO on zeroswap and on our own platform. details are already announced. please stay tune to out announcement channel , twitter and medium.

Q5 from telegram username @highpee

One of the key feature of ProStarter is that you will give every whitelisting winner a GUARANTEED ALLOCATION. How will this be done? For how long will a guaranteed spot remain valid and what will happen if a user with a guaranteed user refuses to show up during sale? Can his position be replaced?

Ahsan PROT | will never DM you first: Yes it’s time bound Guaranteed allocation. Every whitelisting winner will be allotted a separate time to claim token allocation to prevent issues of missing the claim by few seconds..

for all the unfilled spot we will open the pools for public to participate on FCFS basis.

Q6 from telegram username @robotliker1

Could you please give us detailed information of tokenomics too?

Ahsan PROT | will never DM you first: 33% is for private and pre-sale rounds

You can see tokenomics details on website and white paper. https://prostarter.io/

Q7 from telegram username @adaatalay

Do the community or investors have the right to participate in the management of the project? What kind of decisions can they vote?

Ahsan PROT | will never DM you first: Not whole community, obviously we can’t do this. But yes PRO-KINGS would be the part of governing board.

Q8 from telegram username @topind7

Is there any guide on how your users can participate in IDO whitelisting?

Ahsan PROT | will never DM you first:yes, please be a part of group discussion if you would have any question.  you can also go through this medium article.

https://prostarter.medium.com/announcing-prot-ido-whitelisting-on-prostarter-launchpad-dedf80084505

Q9 from telegram username @jubair0

‘How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates????

Ahsan PROT | will never DM you first: I’d strongly recommend you to join all of our social media platform to stay update.

Telegram

Official Telegram Groups: https://t.me/Prostarter

Official Telegram Channel: https://t.me/Prot_ann

Other Official Links:

Twitter: https://twitter.com/ProtOfficial

Medium: https://prostarter.medium.com/

Website: https://prostarter.io/

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/Prostarter/

Twitter: https://twitter.com/ProtOfficial  

Medium: https://prostarter.medium.com/

Website: https://prostarter.io/

We are pleased to announce our next AMA on May 12th 2021 at 01:00 PM UTC Time: Satoshi Club x Evanesco

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

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

Part 3: 300$ – A quiz about Evanesco

For more details:
Evanesco Website – evanesco.org
Evanesco Telegram – @EvanescoIO
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We were delighted to welcome our guest from Showcase. The AMA took place on May 8th, 2021 and our guest was @socapceo .

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Hello, dear community! We are pleased to announce  AMA with xBTC.

Andrés M. | Satoshi Club: Hello dear community, welcome to another AMA session. Our guest today is @socapceo

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

Mark Sgambelluri: Hey all thanks for having me!

Gold Rocket | Satoshi Club: Thanks for joining😊 We’ve heard a lot about your project. and we will be glad if you introduce it to us better🚀

Andrés M. | Satoshi Club: Yes, we would like to know more about you😃

Gold Rocket | Satoshi Club: Let’s start!

Introduce youreself please. How did you get to be involved in crypto & xBTC?

Mark Sgambelluri: We are a rebasing token that rebases to bitcoin dominance, creating a decentralized synthetic derivative that can be used to trade bitcoin dominance on the open market in an uncensorable self custodial format. We are the first project to:

1. Do an initial dex offering partnership with 1inch

2. Rebase to a novel non-price oracle (we worked directly with Tellor and then chainlink to develop oracles from scratch)

3. Create a synthetic derivative like instrument based around an asset that isn’t tradable normally (bitcoin dominance)

4. create a cross chain bridge of shared supply with a rebasing token on BSC. We will actually be the first multichain rebasing token I know of both the BSC and ERC version will be fully functioning: rebasing on their own, but through a novel bridge they will be directly connected.

We also just launched partnerships with ApeSwap and Beefy with over a million in liquidity farming rewards!

I started working with different crypto projects in June 2020, but have been a holder and evangelist of crypto since 2012 or so. I first got involved through online chat forums.

Gold Rocket | Satoshi Club: this is a very popular segment of the crypto market. you are in trend👏👏👏

Andrés M. | Satoshi Club: Could you explain the concept of rebase token?

Mark Sgambelluri: Yes and we are leading the way in two novel areas: cross chain implementation and rebasing to a more novel oracle that creates dynamics more inline with digital assets.

Gold Rocket | Satoshi Club: Wow! You have a very impressive journey into crypto

Mark Sgambelluri: We use supply changes to track a number. The biggest example is ampleforth that tracks one dollar. We, instead, track bitcoin dominance xBTC will always trend towards having a price that is equal with bitcoin dominance. This is done by increasing supply or decreasing supply. Everyone’s supply across the entire ecosystem changes each day depending on the rebase. This creates a synthetic that is more decentralized and open market than traditional platforms where you need to provide collateral or use their special interface

Andrés M. | Satoshi Club: Thank you, crearly explained

Mark Sgambelluri: The supply changes just happen automatically and your wallet either increases stays the same or decreases in supply depending on if xBTC spot price is above equal to or below bitcoin dominance respectively

Gold Rocket | Satoshi Club: I really like your ambitious goals. And also a very clear implementation! It’s very professional.

Mark Sgambelluri: 🙏 thanks so much!

Andrés M. | Satoshi Club: Thanks for the introduction. Well, we have collected some community questions, ready to proceed?😃

Mark Sgambelluri: Let’s do it!

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

Q1 from Telegram User @yellowchamp

xBTC introduces a brand new type of hedge, the Dominance Hedge. This is much more adaptive and responsive than a simple price hedge. Instead of tracking price you track how well Bitcoin keeps up with the breakneck pace of all other blockchain technologies. So with the Dominance Hedge that being used by your platform,what better impacts that it gives to users and traders of xBTC ? How it will affect the decision-making of users with regards to trading? With the volatility of market,how will xBTC Dominance Hedge adopts the bullish and bearish run of the market? Thank you

Mark Sgambelluri: Ha! I see someone read the whitepaper. As bitcoin dominance falls and all the other alt coins become more popular and find more users, the Price we are tracking goes lower and lower which should force more frequent and larger positive rebases, which are historically good for rebasing tokens. So even if bitcoin Price goes up its dominance could still fall if it doesn’t keep up with the rest of the digital assets, a holder of xBTC could benefit from this because of those positive bases. In a bearish scenario, which for us would be bitcoin dominance rising, our token would likely suffer because positive rebases are harder to create. But in that scenario likely many altcoins would be suffering. We are a bet on altcoins dominating bitcoin, if that isn’t happening… that’s not good for us. But let’s say bitcoin dominance surged to 95% it would likely be gearing up for a huge drop, which would be good for us. That middle part where it surges from 40% to 90% would be bearish for us though, and many altcoins

Andrés M. | Satoshi Club: Do you have xETH token, or do you only manage xBTC?

Mark Sgambelluri: Only xBTC. xETH was a different token that tracked Ethereum price. There was another one that tracked bitcoin price. We don’t find these very interesting because if you want to get access to those prices just buy the asset. Also those numbers will likely trend up which is bad for rebases. But if you want to access bitcoin dominance we are one of the only ways to access a spot price on that.

Mark Sgambelluri: Actually the only way that we know of

Andrés M. | Satoshi Club: So, what is the better way to buy xBTC?

Mark Sgambelluri: Uniswap and apeswap are the easiest ways we are also on bittrex global as WXBTC which is a wrapped version of xBTC that you can always unwrap for the underlying xBTC. We are also the first rebasing token to list a wrapped version on a centralized exchange, and we were excited to get such a high-quality exchange as bittrex global

Andrés M. | Satoshi Club: Congrats 🥳

Gold Rocket | Satoshi Club: Thank you! great answer! do you want to add something?

Gold Rocket | Satoshi Club: Or can we jump to the next question?

Mark Sgambelluri: Nope good to go!

Q2 from Telegram User @Antoni_azx

On your whitepaper you mention that it’s a believe of xBTC that the highest value use cases for blockchain technologies are found in the many digital assets beyond Bitcoin. Bitcoin has proven to be the most solid investment plan in the last years, even many governments are starting to invest on it, why is xBTC leading this campaign in favor of other blockchain assets and not Bitcoin?

Mark Sgambelluri: Because we think defi, healthcare, insurance, banking, gaming, video, and social networks all combined are a bigger use case than “digital gold”. Bitcoin is important and led the way. It will continue to perform well. But reimagining, decentralizing, and improving all those listed things are the bigger addressable market and we are excited to see all that is created. We do foresee ETH flipping btc and already see many big institutions starting to be more on ETH.

Andrés M. | Satoshi Club: Then, what are the main benefits for long term holders of xBTC?

Mark Sgambelluri: The dropping of bitcoin dominance which trends us towards more frequent and larger positive rebases. Also as the metric of dominance becomes more known and used you can always use xBTC to access a spot price on bitcoin dominance which people could want to use in speculating on future movements of bitcoin dominance.

Andrés M. | Satoshi Club: Great concept, it could helps to explore new use cases of BTC, don’t you think? Btw, thanks for the clarification, ready to proceed with the next question?

Mark Sgambelluri: Yes definitely I think there is already one: using it in defi as collateral or to get interest. Speculating on its dominance is one use we provide. They could do other uses like smart contracts on bitcoin, but I highly doubt that will happen. Let’s do it

Gold Rocket | Satoshi Club: Thank you so much! this is a real advantage xBTC!

Andrés M. | Satoshi Club: Completely agree!

Q3 from Telegram user @Arisabela

One of the ways for your holders to passively receive income is by minting their liquidity pool tokens directly on your platform, this can sound very convenient but isn’t there small letters? Is there any risk associated to this option?

Mark Sgambelluri: Yes there are things to keep in mind, all LP holders anywhere can suffer impermanent loss but rebasing tokens fix some of this because their price doesn’t change as much. Also you are exposed to the price movements of xBTC, ETH (on Ethereum), and BNB (on BSC), so as those three prices move you get the up or down of that. On ETH you are getting over 400% APY and on BSC over 6000% APY (by using Beefy), so these returns can offset those risks. Providing liquidity is essential to the ecosystem and that is why we focus our ecosystem incentives on it, it helps the entire community

Gold Rocket | Satoshi Club: Wow! Very cool APY😍

Andrés M. | Satoshi Club: So, how to create our own pool? how many tokens are needed?

Mark Sgambelluri: As little or as much as you want! There is no minimum! Just stake liqudity on ApeSwap.finance then put it in the farm on ApeSwap or into Beefy.Finance

Andrés M. | Satoshi Club: Oh that’s great

Mark Sgambelluri: You can also stake BTC on Beefy.finance right now and earn xBTC-BNB LP tokens, a very cool use case of BTC!

Andrés M. | Satoshi Club: What would be the APR in this case?

Mark Sgambelluri: You can go here and scroll to bxBTC-BNB LP and click add liquidity, or click on the BeltBTC tab to add BTC: https://app.beefy.finance/

Andrés M. | Satoshi Club: A lot of ways to earn passive incomes, a great option for hodlers 💪

Mark Sgambelluri: Current APY on BTC is 29% with OVER 35 MILLION DOLLARS farming (lol I literally just saw that, that’s crazy) and APY on bxBTC-BNB LP tokens is 6,550% right now. These APYs can change as more people enter the pool.

Gold Rocket | Satoshi Club: Thanks for sharing!

Mark Sgambelluri: Apeswap has been an amazing partner, they’re super quick, agile, innovative and have a great community. Beefy is all the same and also have over 680 million in TVL and are listed on Binance. We are in really great company on BSC and have found great partners who love our concept and find it to be really interesting and innovative!

Andrés M. | Satoshi Club: Congratulations, you are building a great ecosystem with them

Mark Sgambelluri: ApeSwap has over 472 million in TVL and a fraction of the market cap of Pancake Swap, great time to be finding ApeSwap if you haven’t seen them, one thing better than pancakes, banana pancakes!

Gold Rocket | Satoshi Club: definitely! 😊

Andrés M. | Satoshi Club: We have heard a lot about ApeSwap, is trending topic I think. Btw, time to proceed with the 4th question, ready to go?

Mark Sgambelluri: Great project great team!

Q4 from Telegram User @Jonahapagu

xBTC launched a Protocol called Mint Protocol. The Mint protocol was meant to align the community’s incentives with the project’s incentives. It is also meant to reward users for supporting xBTC’s ecosystem… so how does this Mint protocol work, and how can users benefit and get rewards from this protocol..

Mark Sgambelluri: You can provide liquidity on Uniswap V2 with xBTC and ETH, then stake those LP tokens in mint.xbtc.fi you are providing a service to the ecosystem by providing liquidity and locking up xBTC supply, to reward this you earn xBTC

This is currently providing 434% APY

there is also a how to here bit.ly/minthowto

Andrés M. | Satoshi Club: Btw, could you share with us your tokenomics? how is the token distribution of xBTC?

Mark Sgambelluri: 10% TEAM

5% MARKETING/PARTNERSHIPS

10% LIQUIDITY

40% ECOSYSTEM

35% PUBLIC LAUNCH

We’re especially proud of this distribution with only 15% going to team and partners, when you look at projects like Ampleforth that kept 70% for team and partners and only had a public launch of 10%. You can read more on our comparison to Ampleforth here: https://medium.com/@Social.Capital/xbtc-an-evolution-of-ampleforth-584784d69537

Gold Rocket | Satoshi Club: We also would like to know more about your team. Who is the core of the team xBTC?

Mark Sgambelluri: You can see the full team at xbtc.fi our main core is five guys: CEO, COO, CMO, Creative lead, CTO. All of us come with years of experience and multiple projects we have supported in the space. You can read each of our bios in our whitepaper also found at xBTC.fi

Andrés M. | Satoshi Club: Satoshiclubbers let’s check the website

Mark Sgambelluri: We are all non-anonymous and have founded the project in a way to be as compliant as possible even getting some legal opinions along the way to be listed on places like Bittrex Global that have a high bar for entry

Andrés M. | Satoshi Club: For sure, that is a great milestone

Gold Rocket | Satoshi Club: Тhanks a lot for the answers. And your openness. Please tell us, do you have audit? Or perhaps in the plans?

Mark Sgambelluri: We are fully audited and passed with flying colors! Our CTO also worked backend and compliance at a CEX and taught computer science in university at Sweden, so we are in good hands security wise! We have a running partnership with Zokyo to ensure our safety. https://xbtc.fi/xBTC-Token-SC-Audit.pdf

Andrés M. | Satoshi Club: Well done👏

Andrés M. | Satoshi Club: Thanks for share those important details with us. Time to go with the next question, would you like to add something else?

Gold Rocket | Satoshi Club: I never tire of admiring you 👏👏👏😁

Q5 from Telegram user @Ajpaa

one key difference between xBTC and AMPL stated in your medium article is that AMPL is a pegged currency, xBTC is a pegged synthetic derivative-like asset. AMPL pegs their price to a dollar, creating a pegged currency while xBTC peg price to a novel oracle. What is novel oracle? What is the uniqueness it has brought to xBTC and the advantages users of xBTC stand to enjoy.

Mark Sgambelluri: The novel oracle is Bitcoin Dominance, this wasn’t a number you could just instantly peg to, as there isn’t necessarily an agreed upon measure of it (do you measure the top 100 tokens, top 1,000, what tokens do you include?). We worked directly with Tellor and then Chainlink to develop oracles from scratch using multiple data points to get the most accurate of bitcoin dominance we could get. With Ampleforth you can access a synthetic 2019 CPI adjusted $1 bill, but you could also access a one dollar bill with DAI, USDC, USDT, etc. Sure the 2019 CPI adjusted one is slightly more useful. But with xBTC you are accessing synthetic Bitcoin Dominance. This is a number you can’t access or trade anywhere (that we know of, though I’m sure as we get more popular people will copy it on centralized exchanges and synthetic platforms, but they won’t be decentralized, open market, or fully synthetic like we are). That’s the uniqueness of xBTC. On the other side of Bitcoin dominance we are also tracking the dominance of EVERY SINGLE altcoin: nano, AAVE, Theta, ada, tron, doesn’t matter the blockchain or use case, as they dominate and push bitcoin dominance down it trends our peg downwards which is good for positive rebases

Andrés M. | Satoshi Club: Very clear answer, btw, what is coming for xBTC in your roadmap? what is the big coming event for this 2021?

Mark Sgambelluri: Our main goal is to continue to spread in defi, the more platforms we get on and the larger we grow our liquidity the more semi-collateralized our token gets. As/if BNB and ETH grow those liquidity pools will buy up xBTC and push it up. We want to spread far and wide across liquidity pools and defi platforms. ApeSwap and Beefy are hopefully just the beginning! Beyond that there are a few implementations we can’t build ourselves but would love to see our community build like a platform to stake xBTC and make a more direct bet on where bitcoin dominance will be, we have a community competition running for this right now, a dApp build off and marketing competition. https://medium.com/@Social.Capital/xbtc-community-competition-with-over-20-eth-in-rewards-and-a-new-job-opening-8048bdb439cd

Andrés M. | Satoshi Club: Don’t forget to share coming announcements with us 😃 Satoshiclubbers, let’s join the competition 🥳

Gold Rocket | Satoshi Club: Satoshi Clubbers! do not miss your chance! Big thanks for such a detailed answers! 👍 Ready to proceed to the last question of this part?

Andrés M. | Satoshi Club: Let’s proceed 🥳

Q6 from Telegram user @Ajpaa

As stated on your official website, xBTC plans to have over $1 million in liquidity on exchanges on day one, and after a period of 12 months, instead of locking or burning exchange liquidity, it will withdraw no more than 5% of liquidity per month. All these would be achieved as long as liquidity remains relatively high, cos it will provide an option of repurposing the tokens for other uses. How would xBTC ensure that it is guaranteed an adequate liquidity to implement all these measures, what are the primary sources of it’s liquidity generation, and what other uses will the tokens be employed for, if it’s liquidity goal is met?

Mark Sgambelluri: We are using our ecosystem incentives solely for incentivizing our community to provide liquidity, so that is our main goal, to keep that liquidity high. If the liquidity stays over one million and we do pull out that 5% a month it would be used for partnerships, marketing, salaries, and other expenses to keep the project going, though we haven’t used that system yet. It is just there if we need it.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @highpee

I can see that you are the FIRST rebase to list on a CENTRALISED EXCHANGE, and I give you kudos 👍👍 for this. But am wondering, how do you make this possible? How are you able to rebalance the xBTC held in centralised wallet without seeking the permission of users?

Mark Sgambelluri: An exchange can rewrite their back end or order books to support a rebase token, but this is highly cost and time prohibitive. So we wrapped our token so it can it can be used in any platform on DeFi or any CEX. To do this you take your xBTC and put it in a staking contract that holds it and get back wxBTC you can use anywhere. While you use it the xBTC in the pool keeps rebasing, you can then redeem your wxBTC for xBTC at anytime and get all of the rebases either negative or positive.

Q2 from Telegram User @highpee

3 days ago, you announced xBTC BSC integration. and also a $1 million in rewards to be issued to early users. What should a user partake in this distribution? Also, How will bxBTC  on BSC expected to behave similar in pricing and rebasing model with the ERC-20 variant of xBTC?

Mark Sgambelluri: The best way is to provide liquidity on Apeswap and then put it in the Apeswap farm or on Beefy:

Apeswap https://dex.apeswap.finance/#/swap?inputCurrency=0xab111d5948470ba73d98d66bbdf2798fbe093546

Beefy https://app.beefy.finance/

The ERC and BSC version both rebase and can always be converted to each other so it is one cohesive ecosystem, this type of implementation has never been done, we are the first multichain rebasing token!

Q3 from Telegram User @Kuterux

An effective Marketing strategy is indispensable for any project. Have you determined a method to bring investors / users living in different countries to the ecosystem of your project and make them a permanent element of your project????👾👾👾👾👾

Mark Sgambelluri: Mainly by building our ecosystem, we “shill” through building and partnerships. We do pay for other marketing but just focusing on influencers or youtubers can only go so far, we focus more on partners, ecosystem, and product. It is our hope that the community and holders become the biggest evangelists and spread our word

Q4 from Telegram User @Ayammatiwaranahitam

since when was #xBTC born? And can you tell your journey to become what it is today?

Mark Sgambelluri: We launched in September 2020 in a partnership with 1inch. We have completed a lot, you can find that here: https://medium.com/@Social.Capital/xbtc-looking-back-and-looking-forward-78d88ef17c4a since this update we have created wxBTC, listed on Bittrex, gone cross chain, and signed multiple other partnerships! It has been quite the journey and one we are proud of!

Q5 from Telegram User @Jodasf

Nowadays users are looking for the easiest, most efficient and secure way to generate income without so much effort, but, with such a wide market and with so many opportunities, it is often difficult to differentiate great projects from those that are not, so I would like to know, what makes xBTC a great project and how is it achieved that through this, users get great opportunities and benefits?

Mark Sgambelluri: I think the key is that our product is released and working. We have created an asset that creates a spot price for bitcoin dominance, period. And that is exactly what is happening, no matter what a user can always buy or sell xBTC for the amount equal to bitcoin dominance (eventually as rebases push it towards that number). So even if everything else stopped today (the partnerships, marketing, community management) the product would still continue and still work exactly as designed, that is a sign of a good project in our mind. The question is just will people use xBTC to access bitcoin dominance and how will they use it to do so, that is a question for the market by being fully synthetic, decentralized, and open market that is what we are designed for. To be at the whim of the open market, for better or worse, Ampleforth is similar and it has been for the better, other projects it has been for the worse, time will tell!

Q6 from Telegram User @adaatalay

Who are your “great partnerships” and roadmates? Can you give me a list.

Mark Sgambelluri: Past and present:

Tellor

1inch

Chainlink

Bittrex Global

ApeSwap

Zokyo

01ex

Empire Global

Buzoku

X21

Unification

Magnus Capital

Trade Dog

Jeff Kirdeikis

Sami Rusani

Lester Lim

Brian Evans

Q7 from Telegram User @alptrader

There is no rebase tokens on Binance. Do you think xBTC can be listed on Binance?

Mark Sgambelluri: We sure hope so! We are the first token to go multichain and we are now on BSC, so hopefully they notice us. We can also provide them with wxBTC so they don’t have to make any adjustments for rebase tokens. 🤞

Q8 from Telegram User @Kuterux

For crypto education, Do you have another page or chennal or articles for guide us how to use  your platform?

Especially to guide staking or farming on your platform?????👾👾👾

Mark Sgambelluri: https://www.youtube.com/channel/UCGoEo7CE4Xv2OBZg5Yv1tVg

https://medium.com/@Social.Capital

bit.ly/minthowto

are the best starting places to learn more, we also did an interview with Chainlink: https://www.youtube.com/watch?v=_laI8V-IIdg&ab_channel=Chainlink

Q9 from Telegram User @Xusuo

xBTC is focused on making digital assets that are innovative and easily accessible to everyone. Usually a rebase project using a price oracle. Do you have your own oracle or have partnership with other oracle project? Can you explain more detail about your oracle?

Mark Sgambelluri: Our oracle is created from scratch in partnership with Chainlink. This makes bitcoin dominance as easily accessible as possible, just buy a token on uniswap or apeswa. We are a better synthetic than many competitors because:

1. We are a first of our kind DOMINANCE number, like tracking Microsoft dominance against the Nasdaq outpacing it, this type of metric has never existed, that we have seen

2. No strike price or expiration date

3. No margin or margin call

4. Tokenized and easily tradable as an ERC 20

5. Rebasing allows you to benefit while holding (sell extra supply that comes in)

6. Decentralized and agnostic (available anywhere and everywhere)

7. Immutable and transparent

Q10 from Telegram User @Tahsinahmett

If we want to be part of the xBTC movement and communities, what is the best way to do it?

Mark Sgambelluri: Pick a quick one that is easy!

Follow us on Twitter: https://twitter.com/XBTC_Official

and Follow us on Telegram: https://t.me/xBTC_Official

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of xBTC . They’ve prepared 4 questions for this part. The total reward pool for 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:

xBTC Website – xbtc.fi
xBTC Telegram – @xBTC_Official

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 CoinBurp and our guest was @y3peto – CEO and Co-Founder of CoinBurp. The AMA took place on 7th 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 our AMA with CoinBurp 😊

Paul Mont | Satoshi Club:
Today’s guest is @y3peto ! Welcome! Great to have you here!

Pete:
Hey! Amazing to be here, thanks for having me 😁

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

Pete:
Thank you!

Paul Mont | Satoshi Club:
How are you today? Great to have you here 😁

Gold Rocket | Satoshi Club:
Thanks for joining❤️

Pete:
Really good thanks – sun is shining in London, so all is well!

Gold Rocket | Satoshi Club:
Well! crypto spring has come!😉

Pete:
And long may it continue 😁

Gold Rocket | Satoshi Club:
Sure😁

Paul Mont | Satoshi Club:
Haha great! 😁

Let’s start!

Gold Rocket | Satoshi Club:
Introduce yourself please. How did you get to be involved in crypto & CoinBurp?

Pete:
Sure – I’m Pete: CEO and Co-Founder of CoinBurp!

My journey started 7 years ago when I started my first cryptocurrency business as a brokerage on P2P platforms. We bought and sold Bitcoin on Localbitcoins.com and I quickly grew this business from nothing to one turning over £100M by 2017. We were (and still are) the largest UK brokerage operating on P2P platforms!

Gold Rocket | Satoshi Club:
BTW… What is your favourite flavour of crisps?😁😁😁🤣 What does the future of CoinBurp hold?

Paul Mont | Satoshi Club:
Amazing 🚀

Gold Rocket | Satoshi Club:
(I’m subscribed to your Twitter) haha😁

These are amazing results in such a short period 👍

Pete:
Hahaha easy question – cheese and onion of course!

The future for CoinBurp is a very interesting one…

We joined the Outlier Ventures accelerator in January to build ‘Coinbase for NFTS’ – an NFT-first crypto wallet connecting the worlds of CeFi to DeFi.

To date, we have now raised $5m in private rounds, and have had over $30m worth of interest in our raise. I would have loved to fit everyone in but unfortunately there not enough space! As part of this raise, we will be releasing our very own token $BURP and which support this amazing ecosystem we are building here.

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

Paul Mont | Satoshi Club:
I have a stint with cheese and onion crisps as well, nice taste haha 😂

Pete:
There is no better flavour 🐷

Paul Mont | Satoshi Club:
The amount you have raised already signals a great headstart 🙂

Gold Rocket | Satoshi Club:
You have great plans and goals! 🚀

Pete:
Cheers! The amount of interest we’ve had has been insane.

Paul Mont | Satoshi Club:
I’ve had a look at the website and the app. I love the clean, easy-to-use user interface😉

Besides, let me tell you, I love Coinburp’s Logo, it’s so cool! 😁

Gold Rocket | Satoshi Club:
I absolutely agree! 👍

@y3peto Also we would like to know about your team. Who is on the project team?

Pete:
Easy of use for our customers is one of the most important key drivers when creating any product (especially in crypto!). The DeFi space is going to be revolutionary, but unfortunately the knowledge on-ramp is quite steep for noobs – our mission is to make the complicated look simple, and this is what you can expect to see from us.

Thank you! You can thank our designers for that ☺️

Gold Rocket | Satoshi Club:
They are great!

Pete:
We were a team of around 14 people until a month ago, but have since grew to 30 as we look to blitz scale CoinBurp. We have a mixture of developers, designers, marketing, support, and ofcourse all our customers too who I would also class as part of the team ☺️

Gold Rocket | Satoshi Club:
Is your team anonymous or public? Do you have an office or do you work remotely. I know in London many companies have gone to remote work in connection with COVID.

Pete:
No one is anonymous, and we are all proud to publicly represent the company – when we formed CoinBurp, one of the common issues with the crypto space was a lack of trust due to anonymous founders, and we set out to tackle that. If you go on coinburp.com, you will be able to find my big shiny face on there 😁

Due to COVID it’s been a bit trickier, but we have offices in London and ask as many of our staff to come in when possible!

Paul Mont | Satoshi Club:
Great to read 🙂 Being public is becoming an unavoidable & necessary layer of trust in crypto 😁

Thanks a lot for the intro! Would you like to add something? Or shall we proceed with the questions from the community?🚀

Gold Rocket | Satoshi Club:
I can only applaud your openness👍

Pete:
Let’s go for the questions!

Q1 from Telegram User @surendra040
I read on medium article that $BURP holders will be able to stake their tokens in the CoinBurp Non-Custodial NFT Wallet and become eligible for the CoinBurp NFT raffles. Can you tell us more how can staker win those exclusive NFTs and also provide us a sneak peek of NFTs your partners Sandbox, Avastars and NFT Boxes offer?

Pete:
😊

Sandbox, Avastars and NFT Boxes have been kind enough to give us exclusive, limited edition NFTs which will ONLY be available to win via our raffle. The only way to enter our raffle is by staking $BURP, so make sure you buy plenty when they’re released!

I want to keep the look of the NFTs a secret until the very end, but let me say that Sandbox ‘may’ be creating us an exclusive 1-of-a-kind CoinBurp mascot that you can use in their game 😉

Gold Rocket | Satoshi Club:
It’s incredible. I would like to add that the Sandbox is our good partners and friends. And they were also at our AMA. 😊

Paul Mont | Satoshi Club:
Darn, here at Satoshi Club we we love exclusive news! Thank you for sharing! 🤩

Pete:
And we will be creating our very own unique generative NFTs to be won in our raffle too!

They are amazing, we ❤️ them!

Paul Mont | Satoshi Club:
So is it correct to say that the NFT DeFi wallet is specifically designed for NFTs?

Gold Rocket | Satoshi Club:
Indeed🚀

Pete:
Exactly – our app will be designed to store, sell and buy your NFTs!

Paul Mont | Satoshi Club:
I mean I think I might not know any other wallet whose focus is Non-Fungible-Token. That’s gonna be a one-of-a-kind 😉

Also this is the perfect timing to launch your NFT DeFI wallet, as it’s turning out to be the real next big thing in crypto 🙂

Pete:
NFTs were designed to be shown and shared on your phone with friends – the social aspect is a major part for us, which is why designing for a phone app was a no brainer 😁

Gold Rocket | Satoshi Club:
Where can I buy $BURP ?

Pete:
I completely agree – NFTs have been on a rocket ship to moon since the start of the year, and it doesn’t look like stopping any time soon!

Gold Rocket | Satoshi Club:
Yes.. for many people, a mobile phone is a complete working tool.

🚀 This is an absolute crypto trend!

Pete:
We are in talks with a large number of IDO and IEO launchpads, but are still deciding which one is best for our token. We expect to have our public launch around the end of June – follow us on Twitter – @coinburp if you want to be the first to know when!

Gold Rocket | Satoshi Club:
I hope there will be preferences for Satoshi Clubbers 😁😉

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

Pete:
Yep lets do it!

Q2 from Telegram User @yellowchamp
According to your medium article that CoinBurp Wallet will be protected by the company’s $100M insurance, becoming one of the first DeFi-based products with institutional-level insurance for its users. Can you tell us what are the instances or cases will be covered with this insurance? Is this insurance will be applicable to all users of CoinbBurp? With this big amount allocated for company’s insurance, can you specifically tell us which insurance company you collaborated with to handle with insurance purposes of CoinbBurp? Lastly, can you explain more about the institutional-level insurance being offered to users? Thank you

Pete:
Great question! We are using the best-in-class crypto custodian BitGo for all our customer crypto. When we launch our new app, customers can have the ability of interacting with DeFi from within this insured BitGo custody, of which they insure up to $100m themselves.

Paul Mont | Satoshi Club:
Nice! 😉 What kind of risks/events are insured?

Pete:
BitGo will cover third-party hacks, copying, or theft of private keys, insider theft or dishonest acts by BitGo employees or executives or their loss of keys.

The great thing about their wallets is that they are multi-sig 2 of 3, meantime even if 1 private key was taken, we are still not at risk as all transactions required 2 people to sign it!

Paul Mont | Satoshi Club:
Safety is a very felt concern in the crypto space, it’s really great and relieving to read that you’ve aptly anticipated the issue and have already taken care of that aspect 🚀

Thank you for your crystal clear answer! Let’s hop onto the next question, shall we?

Pete:
Customer security is our #1 priority ☺️

Yes please!

Gold Rocket | Satoshi Club:
Thanks for the answer! it is very good that you have taken care of your customers.

Q3 from Telegram User @Jonahapagu
In Q2 2021, coinburp plans to be supporting full FIAT on and off-ramp allowing users to buy NFTs directly from their bank accounts. What FIAT will you be supporting for the start, and which ones do you have plans of supporting and in what way will FIAT be integrated into Coinburp?

Pete:
We can already accept GBP and EUR bank transfers for depositing fiat, and are now integrating card payments and PayPal as additional payment options. Once those 2 are built, we can accept nearly all currencies 😁

Each and every fiat payment option can be used to deposit or withdraw.

Paul Mont | Satoshi Club:
It sounds great, setting up for worldwide onboarding and adoption 👍

Gold Rocket | Satoshi Club:
Do your users need to pass KYC?

Pete:
Exactly! NFTs & DeFi are the future, and we will be catering for all ☺️

If customers wish to use fiat, they will need to complete KYC. This takes no longer than 15 minutes so it’s a relative light lift for them.

Once our app is released, if users wish to only use the non-custodial portion of our wallet, no KYC is needed – true DeFi!

Paul Mont | Satoshi Club:
Thanks for taking care of this. Great answers!

Ready for the next question? 😉🚀

Gold Rocket | Satoshi Club:
Excellent! Thanks for clarifying😊

Pete:
Yep!

Q4 from Telegram User @Arisabela
One of the great disadvantages of NFTs platforms is the slowdown of the interface offering a poor user experience to investors, how does Coinburp plan to facilitate users?

Pete:
The major issue we see with other marketplace is the vast amount of NFTs available (often millions to pick!) and the poor filter system offered. Our marketplace will be an aggregator of other high quality NFT marketplaces, while providing users with a personalised experience.

Think of an initial Tinder-like swipe left, swipe right set up so we can get a feel for the type of NFTs you’d be interested in exploring 👀

Paul Mont | Satoshi Club:
Haha nice comparison, I like it 😁

Gold Rocket | Satoshi Club:
This is really what we all need today! 😁

Gold Rocket | Satoshi Club:
Clean answer! Ready for the next question? 🚀

Pete:
Yes please!

Q5 from Telegram User @victorogb
Over the last couple of weeks, CoinBurp started a rather interesting and educative series called “CoinBurp Artist Interview Series” where talented NFT artists are periodically granted an exclusive interview by CoinBurp. Apart from been educative, these series also serves as a good exposure channel for artists. Nonetheless, how are these talented artist chosen for the interview series, will these series be limited to only NFT artist, and will there be an existing collaboration between CoinBurp and these graphic and digital artist in the future

Paul Mont | Satoshi Club:
By the way, I really enjoyed the series so far, especially the latest interview with CryptoPom… so many insights 😊

Pete:
We reached out to a large number of up-and-coming artists to see if they were interested in participating. Our mission really is to raise awareness of these lesser-known artists through CoinBurp exposure – we’d love to interview each and everyone if we have the time!

Another core product on our roadmap is CoinBurp Primetime – a service which will enable artists to mint and sell their NFTs via our platform. We will ofcourse firstly look to collaborate with the artists who kindly agreed to an interview!

Definitely! They have all been amazing and we’re luckily to have them participate ☺️

Paul Mont | Satoshi Club:
If an artist was interested in reaching out to CoinBurp, how could he/she dot that?

Gold Rocket | Satoshi Club:
You will have an amazing symbiosis of business and art 👏👏👏

Pete:
My marketing guys mainly hang out on our Twitter – https://twitter.com/coinburp – drop us a DM and let’s talk!

Paul Mont | Satoshi Club:
Great! Thank you for sharing! 😁

Pete:
This space means more to us than just a business – we genuinely want to collaborate and grow this space with all these amazing people!

Gold Rocket | Satoshi Club:
You are great at it!

Paul Mont | Satoshi Club:
Time to proceed with the last question for this first part of the AMA, are you ready to go? 😉

Pete:
☺️

I’m ready!

Q6 from Telegram User @mm_carlos
There is an area of CoinBurp that I did not find information on but has been mentioned in some articles: what is CoinBurp Cookoff and what role does this play within the CoinBurp ecosystem?

Pete:
Great question!

CoinBurp Cook Off! is a gamified crypto collectible ecosystem run on the ETH utilising the power of NFTs. The premise behind it is that users (chefs!) are to buy ingredients (NFTs!) needed to create a food dish. The process of combining these ingredients will create a dish with unique properties under 4 catergories: apprerance, aroma, taste and texture. Each dish NFT will grant the holder special access within the Cook Off! ecosystem!

Paul Mont | Satoshi Club:
This… is truly an original concept, brilliant! 🥳🔥

Gold Rocket | Satoshi Club:
What times are we living in. 😁

Paul Mont | Satoshi Club:
Can’t wait to start preparing and cook my very own “dishes” 😉

Pete:
It’s all a bit mad but will be a tonne of fun!

Paul Mont | Satoshi Club:
Haha I’m sure!!!😎

Gold Rocket | Satoshi Club:
And it also makes a profit. 😉

Paul Mont | Satoshi Club:
Thank you very much for the clear answers @y3peto !

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cryptofollower
Is it possible to hold Ethereum or other coins on NFT DeFi wallet other than NFT’s? What happens if I send some Ethereum there?

Pete:
Yes you hold Ethereum and a tonne of other ERC-20 tokens. Search for “CoinBurp DeFi” in the app stores, download it, and have a play!

Q2 from Telegram user @Wilmotac
Will Coinburp be looking to support NFTs built on platforms other than Ethereum, such as Solana?

Pete:
Our vision is to become blockchain-agnostic – any and all (including Solana) blockchains will be integrated in the long term!

Q3 from Telegram user @Kushal85127939
Please share tokenomics?

Pete:
Read all about our $BURP token here: https://coinburp.medium.com/introducing-burp-e6542b7f7a9f

Q4 from Telegram user @MAMUN0011
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?

Pete:
We have allocated half of our funding to marketing, grown 1000% in the past 20 days alone and opened up channels in Russia, Turkey, China, India, Vietnam, Latam and there’s no sign of stopping us. We have top partner agencies like Panony and TokenSuite alongside us and over 30 investors all with their marketing capability helping us win.

Q5 from Telegram user @testercoin
Did you create your application for the iOS iPhone ecosystem? No one cares about iPhone on defi?

Pete:
We’re going to be available on iPhone, Android and Web. Our motto is accessibility and ease of use, and that includes being where our users are!

Q6 from Telegram user @MAMUN0011
There are crucial things that help a project success. but AMONG :

1. PARTNERS
2. COMMUNITY
3. THE TOKEN PRICE
4. SECURITY
   which of them do you consider most crucial for your project?

Pete:
All 4 are hugely important, and although security is #1, without community we are nothing. If we execute on all the products we set out to build, the token price will naturally increase! I started my crypto career with nothing and have show an ability to execute – we are one project you can definitely rely on 😉

Q7 from Telegram user @tatarrama
Do you have experienced members or consultants in your team who will ensure the effective use of tools such as marketing, media, promotion and social networks to fully achieve your goals?

Pete:
Our advisors include Iqbal Gandham, former eToro CEO, Sebastien Borget, Co-Founder of Sandbox.game and a few other big names. We’re also part of the Outlier Ventures, the #1 Web3 accelerator programme!

Q8 from Telegram user @NataliyaKil
You recently announced a meme contest. The prize pool is $ 3,000 in $ BURP tokens. Among the members of the Satoshi Club there are those who like to draw memes. Tell me, we still have time to take part in the competition, what requirements must be met and what is the deadline for submitting our works to the competition? How will the work of the participants be evaluated, who will act as judges and how many prizes will there be and what prizes? And of course, we need your wallet to receive the $ BURP as a reward?

Pete:
Yes, you still have time, but be quick! All details can be found here: https://twitter.com/coinburp/status/1386719220302376960

The CoinBurp council will meet and decide on the best memes – good luck!

Part 3 – Quiz Results

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

We are pleased to announce our next AMA on May 16th 2021 at 03:00 PM UTC Time: Satoshi Club x Blowfish

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

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

Part 3: 300$ – A quiz about Blowfish

For more details:
Blowfish Website – blowfish.one
Blowfish Telegram – @blowfishtokengroup
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on May 14th 2021 at 01:00 PM UTC Time: Satoshi Club x CEEZEE

⚠️Click to see the hour
⚠️Total Reward pool: $1000

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

Part 3: 800$ – A quiz about CEEZEE

For more details:
CEEZEE Website – ceezee.io
CEEZEE Telegram – @CEEZEESAFU
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on May 13th 2021 at 01:00 PM UTC Time: Satoshi Club x EpikGG

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

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

Part 3: 300$ – A quiz about EpikGG

For more details:
EpikGG Website – epikprime.com
EpikGG Telegram – @epikprime
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on May 11th 2021 at 03:00 PM UTC Time: Satoshi Club x Torum

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

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

Part 3: 300$ – A quiz about Torum

For more details:
Torum Website – torum.com
Torum Telegram – @torum_official_group_en
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on May 11th 2021 at 11:00 AM UTC Time: Satoshi Club x Raini

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

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

Part 3: 300$ – A quiz about Raini

For more details:
Raini Website – raini.io
Raini Telegram – @rainicornchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish