Month: May 2021

We were delighted to welcome our guest from OnionMixer. The AMA took place on May 28th, 2021 and our guest was @OnionMixer .

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 again Satoshi Club 😁

Andrés M. | Satoshi Club: Hello dear family. Welcome to our new AMA session with our friends from Onion Mixer! @OnionMixer welcome to Satoshi Club! 😃

Gold Rocket | Satoshi Club: Today our guest is @OnionMixer!

Onion Mixer: Hello everyone!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club. How are you doing?

Onion Mixer: Great!

Gold Rocket | Satoshi Club: it’s very good😁 So! Let’s start 🚀

Onion Mixer: can’t wait

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

Onion Mixer: Hello everyone, me, an Onion!

You can think of me as a person or as a team, and we’re made up of a group of geeks, experienced defi players and developers who admire and advocate true decentralized world and privacy protection in DEFI!

Our Onion members are mainly senior programmers from Funderclub, Personal Capital, Xapo, Blockai, Microsoft and other well-known blockchain enterprises. We are a completely decentralized organization.

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

Onion Mixer: Onion Mixer is the first decentralized protocol for anonymous cross-chain transactions on BSC.

Onion Mixer adopts a coin mixing approach that combines CoinJoin and zero-knowledge proof.

It supports anonymous token transactions on both Ethereum and BSC. And by enabling liquidity mining, it also provides extra revenues for users.

The name “Onion Mixer” is to pay tribute to TOR (The Onion Router), the origin of cyber anonymity.

The word “mixer” vividly describes the working mechanism of Onion Mixer, that is, to mix transactions in the contract so that the links between deposit addresses and withdrawal addresses are cut off.

In this way, Onion Mixer manages to deliver private transaction services for users.

Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from Onion Mixer?

Andrés M. | Satoshi Club: Interesting point, do you have partnership with TOR network?

Onion Mixer: I want to explain this in simpler terms: the entire crypto world is actually recorded on chain, and we don’t know each transaction comes from who. But there are a lot of centralized institutions and organizations in the world, such as centralized exchanges, such as some DEFI software, or some agencies, they will match our transactions with real people, trying to identify traders. Some people are upset about this.

Gold Rocket | Satoshi Club: Yes you are right. This is the main point of blockchain😉

Onion Mixer: Most big whales keep worrying about being monitored by the market, more and more exchanges are associating an address with a person, and even using big data technology to track and analyze transfers from that address to see if that person has the potential to do or done something bad

This will bring distress.The crypto world, which is supposed to be decentralized and free, is being monitored by more organizations than ever before.

That’s why we exist!

Onion Mixer is based on the idea of mixing in Coinjoin, and the privacy of mixing coins is enhanced through zero-knowledge proof.The Onion protocol solves the problem of the lack of anonymity and privacy of crypto assets in the current blockchain.

You may have heard of other mixed currency projects in the market, which can be broadly divided into two categories — managed and unmanaged.

However, many managed coin-mixing services have all but disappeared after being fined or even arrested by the FBI and other agencies in the United States because their services are manipulated and help some bad economic activities.

But are coin-mixing services really just for illegal crimes?

Of course not.

According to our research, only 2.5% of mixing services from 2018 to 2021 are related to illegal activities. Most people use coin mixing services for the purpose of protecting their privacy.

Andrés M. | Satoshi Club: Have you had legal problems? Or everything is ok?

Onion Mixer: Of course not. Everything we do is in accordance with legal procedures and industry norms

We see a need for privacy protection in the industry right now, but most of the current privacy protection project are not well integrated with DEFI

Gold Rocket | Satoshi Club: Also we would like to know about your team. Who is on the project team core? thank you very much for the clarification👍

Andrés M. | Satoshi Club: That’s great info, well done😃

Onion Mixer: Onion Mixer was founded by a serial entrepreneurial team, the team has developed many well-known DEFI projects, has a wealth of practical experience and technical precipitation

Andrés M. | Satoshi Club: Well, thanks for your interesting introduction, we have collected some community questions for you, are you ready to proceed with the first one?🥳

Onion Mixer: yup

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

Onion Mixer: pls go ahead

Q1 from Telegram User @josewen

It is my understanding that early this year the coin mixer was created at BSC to take full advantage of its large user base, low transaction fees, fast transaction speed, and well-developed ecology.  After accumulating sufficient transaction volume, they helped users to exchange their assets on other public chains anonymously, including but not limited to ETH, HECO, TRON, POLKADOT, etc.  Have you managed to improve the protocol to be compatible with the DAPP ecology?  Can users mix their coins immediately after joining Onion Mixer?  Are the benefits of transaction mining anonymous too?

Onion Mixer:

Gold Rocket | Satoshi Club: cheerful music 😁

Andrés M. | Satoshi Club: Haha Mr Onion😅

Onion Mixer: Good question. and I have prepared a detailed answer for this question

Onion Mixer combines Coinjoin and Zksnark zero-knowledge proof technology to break the on-chain link between deposit address and withdrawal address and fully realize anonymous transfer.

Meanwhile, Onion has introduced the concept of “trading mining”. In order to keep the funds in the mixing pool alive and continuously conduct high-frequency trading, we encourage users to constantly trade their assets in the mixing pool.

Gold Rocket | Satoshi Club: interesting symbiosis

Onion Mixer: The tokens produced by each blockchain will be allocate to the users according to the user’s cumulative amount of transactions as a percentage of the total transaction volume

Andrés M. | Satoshi Club: Thanks for the clear answer, ready for the next question?

Onion Mixer: This means that your trading records will be valid forever, contributing to your own trading mining

not yet

Andrés M. | Satoshi Club: Interesting concept🤔

Onion Mixer: For example, user A, who accounts for 10% of all transactions on the total transaction network, will split 10% of the tokens in the current block.

As the volume of transactions increases , User A’s share of transactions may drop to 5%, and when the next block is created, he will split 5% of the token.

As users try to increase their percentage of transactions volume, the frequency of transactions increases, making our anonymous transactions even better.

And we will continue to upgrade the agreement to provide better support for DAPP. Now we have negotiated cooperation with a large number of legal gambling company agents. In the future, their funds will be better managed through Onion Mixer and we will also provide more support to similar apps

done

Gold Rocket | Satoshi Club: Perhaps you can share which ones?

Andrés M. | Satoshi Club: It seems you have several usecases, gambling for example

Onion Mixer: sure!

Onion Mixer: Of course, we have very strong customers, such as Macau Sun City

Gold Rocket | Satoshi Club: Amazing!

Onion Mixer: but you know, mixer, Privacy protection is not just for the gambling industry.

Our ultimate goal is to become a privacy protection +DEFI infrastructure. No more streaking on-chain ! this is our vision

Gold Rocket | Satoshi Club: Thanks for your answers! Ready for the next question?

Onion Mixer: Our mission is

No more streaking on-chain. yup

Andrés M. | Satoshi Club: Thanks for the answer💪

Onion Mixer: your question is the best question I met ever👍🏻 I d like to share more with your community memebr

Q2 from Telegram User @V1ct0r_26

I read that Onion Mixer is different from other projects because it adopts a coin mixing approach that combines “CoinJoin” and “zero-knowledge proof”. Could you explain this to us a little bit more? What are this two things? Why did you decide to mix this two concepts? What are the benefits of this decision?

Andrés M. | Satoshi Club: We have a great community, we collected some of the best questions, we hope you like the next of them 😃

Gold Rocket | Satoshi Club: partially disclosed. but maybe you want to add something😉

Onion Mixer: yup

The implementation of zkSNARK zero-knowledge proof in the Onion Mixer protocol is as follows:

After the user puts the asset into the Onion Mixer pool, a string will be generated to the user ( the “zkSNARK proof”). Then, the corresponding hash value (or the transaction voucher) will be sent to the smart contract of Onion Mixer, combined with the user’s deposit.

After receiving the deposit, the smart contract will add the deposit certificate to the list of deposit users.

When the user needs to withdraw, he/she can perform the withdrawal in the smart contract’s deposit list by providing the zkSNARK proof.

The use of the zkSNARK technology satisfies the need of no disclosure of transaction details and the exact deposit amount. Even if the content of the transaction voucher is accidentally leaked, a third party wouldn’t know the source of the withdrawal.

Finally, the smart contract will transfer the funds in the account to the designated withdrawal address by verifying the zkSNARK proof provided by the user.

Zero-knowledge proof is a cryptographic proof that allows one party to prove it possesses certain information (or assets) without revealing that information.

For Onion Mixer, it is to prove that the user has deposited an asset in the smart contract and has never withdrawn the asset, and the proving process will not reveal the specific asset.

The zero-knowledge proof adopted by Onion Mixer relies on Merkle Tree to save commitment (the user transaction voucher).

The zero-knowledge proof code generated by the user’s transaction is represented by Note, including the transaction amount V and a random number. Note has two forms of expression:

one is commitment and the other is Nullifier. Commitment and Nullifier are both generated through different Hash functions. Commitment represents a deposit, while Nullifier represents a withdrawal.

For each Note, its Commitment and Nullifier are unique.

Because Commitment and Nullifier are the results of Hash, even if these two data are public, others cannot infer the connection between Commitment and Nullifier.

This is how to use zk snark proof to realize mixer.

Gold Rocket | Satoshi Club: Thanks for your great answers! Ready for the next question?

Andrés M. | Satoshi Club: Great answer, do you have a complete ecosystem, that’s that makes crypto fantastic😁

Onion Mixer: Onion Mixer not only follows CoinJoin’s core principle of cutting the connection between transaction input and output addresses but also has made some improvements. Because of the connections between transaction addresses, certain private information can be inferred by analyzing the content of the public ledger. An intuitive protection solution is to use an intermediate mixer to obfuscate the relationship between input and output addresses.

yup

Q3 from Telegram User @samuelr21

We know that each TOR removes a layer of encryption to get the next information from the router and then sends the data to the next TOR, a process that is repeated until the data reaches the destination, this prevents people who know the sender and receiver steal the data, this is a very good thing, the type of security they have, giving the necessary trust so that users feel identified with it, something very gratifying project, how did they take the initiative to provide that security to users and privacy of their data?

Onion Mixer: we have a onepager that shows all the ecosystem

Andrés M. | Satoshi Club: Please share it if you can😃 Thank you, great info for our members

Onion Mixer:

Yes, we know that Satoshi is an excellent community and we hope that your users will use our products more.

Maybe we will introduce more benefits to Satoshi community members in the future

It is worth emphasizing that we will launch the INO, Initial NFT Offering with DEGO on June 8th

🍻We are happy to announce the partnership with
@OnionMixer. The two parties will cooperate closely in the field of DeFi. Onion Mixer will join the coming INO on $DEGO. Stay tuned!

#OMT #DeFi #BinanceSmartChain @BinanceChain @BscProjectOrg 🚀https://t.co/YXmiITvQxG

— DEGO (@dego_finance) May 28, 2021

Gold Rocket | Satoshi Club: Thanks for your answers! Can we proceed to the next question?

Onion Mixer: Very good timing. They just officially announced their partnership with us.

On DEGO we will sell $50,000 worth of tokens at a very competitive price of 0.0004U.

Andrés M. | Satoshi Club: Great news Satoshiclubbers🥳

Onion Mixer: yup

Gold Rocket | Satoshi Club: Btw great infographics👍

Q4 from Telegram User @andrey_seleznov

Hi OnionMixer!

Unlike traditional transaction mining, Onion Mixer’s “anonymous transaction mining” incorporates an exit penalty mechanism to effectively curb the speculative behavior of short term traders and further guarantee the safety of transaction mining. Could you share with us more details about this exit penalty mechanism you employ? How much is the fee, will paper hands lose a large portion of their holdings when withdrawing from the pool? Will you clearly advertise this penalty so that users are aware of the loss before actually trying to withdraw the funds?

Gold Rocket | Satoshi Club: This is a very important milestone👏👏👏

Onion Mixer: Our INO on Dego will be whitelist , so if you’re interested in taking part, join our community and follow our tweets to get the whitelist rule

I love this question!

The question captures the essence of the Onion economic model!

Gold Rocket | Satoshi Club: Thanks for the reply! Want to add something or we can proceed to the next question?

Onion Mixer: wait

Andrés M. | Satoshi Club: Don’t worry, take your time😃

Gold Rocket | Satoshi Club: Take your time please😊

Onion Mixer: Our economic model is more reasonable, and we have designed this model very philosophically. We are not a short-term shitcoin combined with the punishment mechanism of community consensus. We’ll cross more chains. More convenient and varied.

Onion Mixer’s anonymous transaction mining mechanism is similar to the one in traditional exchanges. That is, every transaction made by a user on Onion Mixer will be rewarded by percentage of OMT tokens.

After each coin mixing service, Onion Mixer will charge a fee of 0.1% to 1% per transaction depending on the chain. 50% of this fee will go to the team, and the remaining 50% will be injected into the OMT transaction pool.

Anonymous transaction mining will encourage users to use Onion Mixer protocol more often for coin mixing. For a mixing protocol, high-frequency transactions mean higher anonymity; the fees charged from high-frequency transactions will be reinjected into the mixing pool, which contributes to improving the depth of the mixing pool and enhancing the anonymity effect.

Unlike traditional transaction mining, Onion Mixer’s “anonymous transaction mining” incorporates an exit penalty mechanism to effectively curb the speculative behavior of short term traders and further guarantee the safety of transaction mining. This penalty mechanism also contributes to maintaining a stable market performance of OMT, guiding users to rational and sustainable investment, and guaranteeing the continuous and steady revenue growth of investment.

Andrés M. | Satoshi Club: Good point. I should recognize the innovative capacity of onion mixer👏

Gold Rocket | Satoshi Club: the penalty mechanism is a great feature!

Andrés M. | Satoshi Club: Something else to add before the next question?🥳

Onion Mixer: In order to enhance the value consensus of OMT tokens, Onion Mixer has set up the OMT pstaking pool, which functions as a “revenue aggregator” on the Onion Mixer protocol. Users can continuously receive dividends from the staking pool as long as they deposit their OMT tokens into the pool, i.e. “holding mining”.

The funding source in the OMT staking pool consists of two parts:

(1) Mining rewards: anonymous transaction mining and liquidity mining.

(2) External investment: users participating in crowdfunding or purchase OMT third-party DEXs.

The staking pool’s revenue comes from the “exit penalty mechanism”, which regulates that users are charged a 10% fee for each OMT withdrawn from the staking pool. The penalty fee charged will be used in the following three ways:

(1) benefits for token holders

(2) adding liquidity

(3) burning for deflation

40% of the fees will be used to reward loyal token holders.

In this sense, holding OMT in the staking pool is a form of mining. The larger the share of OMT held and the longer users hold it, the more dividends. By combining the holding rewards incentive and exit penalties mechanism, Onion Mixer can motivate to hold OMT for long term, which enhances the value consensus of OMT. The rest 20% tokens will be burned in the Eater Address. The burning mechanism contributes to token deflation!

Gold Rocket | Satoshi Club: Sounds great 👍

Onion Mixer: NEXT

Onion Mixer: PLS

Q5 from Telegram User @antoni_azx

Onion Mixer aims to solve the problem of lack of anonymity and privacy of crypto assets in the current blockchain, but will some features like performance, latency and speed be sacrificed? How efficient will your protocol be in relation to the other features?

Andrés M. | Satoshi Club: You provide us very complete answers, thanks for it

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

Onion Mixer: On this subject, I would like to share our roadmap with you!

The first phase, which is the product to be launched soon, will be deployed on BSC. We believe that the technology and ecology of BSC can well support the early development and transaction quality of this project

So the transaction speed you mentioned, performance will not be an issue.

At the same time, our first version of this code has been audited in Certik, and security is definitely the first priority

Gold Rocket | Satoshi Club: Safety first👍

Onion Mixer: Given that most of the DEFI projects have been hacked recently, I’d like to share a very strong proof

Gold Rocket | Satoshi Club: Please share your roadmap🙏

Onion Mixer: Before we launched the project of Onion, our team had already made an experimental product, and the transaction volume reached 50 million US dollars in two weeks without any marketing promotion or capital intervention.

The experimental product is still running steadily and safely!

The Onion’s technology evolved from this product, with a more sophisticated economic model

Gold Rocket | Satoshi Club: Amazing results🚀

Onion Mixer: As mentioned earlier, launching BSC is the first stage of our product design.

In the second stage, we will realize the  mixer transaction that supports multi-chain assets.

ETH, HECO, POLKADOT ….

Andrés M. | Satoshi Club: Big events are coming for Onion Mixer👏 Don’t forget to share the announcements with our community

Onion Mixer: In the third phase, we will open the interface of the product so that any DEFI project on any chain can access it for the protection of privacy transactions.

In Phase 4 we will build Defi +’s privacy infrastructure. No more streaking on-chain. done!

Gold Rocket | Satoshi Club: thanks for sharing and for answers👍

Andrés M. | Satoshi Club: Thank for the answer, now is time to proceed with the last question of this first part of the AMA!

Q6 from Telegram User @Jonahapagu

Anonymous cross-chain transactions is one of the unique features of Onion mixer, and one of the technology behind this is the token shuffle approach it uses that combines CoinJoin and zero-knowledge proof, so how does onion mixer remain anonymous across multiple chains using this strategy, and on what chains can onion mixer currently have anonymous transactions… another project using the coin mixing approach similar to yours is Tornado Cash, so how does Onion mixer differ from Tornado Cash.?

Andrés M. | Satoshi Club: Partially covered I think 😃

Onion Mixer: I might say something  offensive, but yes, it’s all true.

First of all, there’s no denying that tornado are an excellent project,Some of the anonymous trading project the market, in fact, their economic models lack essence incentive mechanism

The effectiveness of privacy protection and anonymous trading products does not depend on how much money is in the pool or how long it has been staked in the pool. What matters most is the frequency and volume of transactions

The frequency of most transactions in current mixers is too small, so the quality of anonymous transactions is difficult to be guaranteed.

Because they lack incentives for key indicators, you can see why they haven’t been able to raise their capital because they haven’t tapped into the power of retail investors

When we designed the mechanism, we thought about separating the real users from the investment users.

Only 2.5 percent of users have a real desire to trade anonymously, while the remaining 97.5 percent are there to increase transaction frequency and make profits(mining)

The trading system designed based on this idea will increase the volume of trading infinitely.

We can make the Onion protocol service all anonymous transactions and achieve our goal of being an anonymous transaction infrastructure

Part 2 — live questions from the Telegram community

Q1 from Telegram User @surendra040

INO is new to me! Can you explain me the difference between IDO and INO ? Do I require kyc to get whitelisted?

Onion Mixer: https://degofinance.medium.com/how-to-initiate-or-participate-in-the-ino-initial-nfc-offering-8231c3fc5bd8

https://degofinance.medium.com/dego-finance-and-onion-mixer-have-reached-a-strategic-partnership-f0260ec3f05b?source=social.tw

🥳@OnionMixer is going to have INO on @dego_finance on June 8th!

💥Do you want whitelist?

👏Come on and read this guide!

🔥Let’s send #onionmixer to the moon together!🔥

https://twitter.com/OnionMixer/status/1397552637080346625?s=19

Q2 from Telegram User @Korryl

Could you please explain what are the main use from OnionMixer token? What are the benefit that user get by hold that?

Onion Mixer: 1. Holding OMT reduces anonymous transaction costs

2, OMT has excellent economic model and application support, holding OMT can gain huge benefits

3. OMT holders can participate in the management of the whole ecology

Q3 from Telegram User @doithay1617

Security is the top priority of any project, how does Oinion Mixer protect users? Has Onion Mixer’s contract audited?  @OnionMixer

Onion Mixer: Currently, our contract is in the audit process of Certik

In addition, we will set up a security reward when we go online,

These rewards will come out of our marketing partner budget, which can be followed by our announcements and community.

We are absolutely safe, and I say this with confidence because we have had a very successful experience.

Our code is tested by practice and time!

We have a lot of technical experience in previous projects, and we once launched an experimental product that reached $500 million in trade in two weeks without any publicity.

This experimental product has never encounter any problems, and we have all taken multi-signature wallets

It is difficult for hackers to steal assets

We will have a special section on our Gitbook to introduce our security. At the same time, we welcome the partners with technical strength to join us and contact us.

Q4 from Telegram User @Sinister_plays

For project development, the main priority is to have sufficient funds. Is your team financially able to carry out? Do you have sufficient funds for development?

Onion Mixer: First, team members went to a lot of money in this industry

At least everyone has millions of dollars of assets

Second, our project has just finished private sale and will launch  IDO, it is not only for money, but more resources

Finally, we believe that all people involved in this project, for privacy, not for money

We will keep our initial vision and complete our mission

Q5 from Telegram User @Li5282

Where can I buy your tokens right now what is your current contract and how can I buy them?Will you have any other DeFI feature like staking, yiekd farm or NFT in the future? Can share a little about your roadmap?

Onion Mixer: Dodo will enter into deep cooperation with Onion,

Similarly, Dego will be working closely with Onion.

Please remember the following time points

We will start INO on DEGO on June 8th. The price is 0.0004U at 50,000 USD

We expect to launch IDO on Dodo on June 15th

For more details, check out our official Twitter and community

1. You can participate in INO IDO of DEGO and DODO, and you may have the chance to get the whitelist of INO or IDO

2. We will first enable liquidity in DODO, where users can double mine OMT and DODO tokens

3. Our contract is being audited at https://www.certik.org/ and is expected to be published soon!

In the future, we may add NFT and stablecoin exchange and lottery functions!

Detailed can look here: https://onionmixer.gitbook.io/onion-

Q6 from Telegram User @tatarrama

Name and logo quality are important to create a good image for your target audience. When designing the logo and name of your project, has it been ensured that it fully reflects the vision of your project?

Onion Mixer: Benefits of our name:

1. A good name is good for product publicity, and anonymity, of course, should pay tribute to Onions

Recently, many animal coins are not good, we don’t want to be the same as them, we want to lead a new wave, so we choose plants.

3. Mixer is more conducive to allowing users to understand the operation logic of our project

You can watch our gif again lol

Q7 from Telegram User @cryptofollower

Why there is a exit penalty mechanism on your staking system? Wouldn’t that scare the people from investing the project who thinks of investing and staking to a token?

Onion Mixer: It’s not really a punishment mechanism.

It’s a community consensus, whether it’s the Onion Protocol or the OMT token.

We need to balance the interests of those who use anonymous trading with those who engage in trading and mining, and the mechanism is there to ensure that everyone gains.

Trust me, the users who participate will experience the beauty of this model.

OMT is Onion Mixer’s governance token.

It serves the following purposes:

1. reward users

2. improve functions in the protocol

3. deployed on new public chains

4. adjust protocol fees

5. community governance

Q8 from Telegram User @Shaa93

Onion Mixer aims to provide people with an anonymous way to manage and trade their financial assets with lower fees, faster speed, and more decentralized governance. ” Lower #Fees and Faster #Speeds “. What is the transaction fee and transaction speed when use Onion Mixer?  @OnionMixer

Onion Mixer: Transaction Fee: We will charge 0.1% of anonymous transaction amount in the first week, 0.2% in the second week, 0.3% in the third week, and in the fourth week, all OMT holders will vote on the amount of transaction fee.

Transaction speed: we are based on the BSC chain, the speed will be very fast, but if you want a better mixing effect, we suggest that you deposit more than 2 days after the withdrawal of the funds, so that the effect will be very good.

Q9 from Telegram User @andrey_seleznov

🖐 Hi OnionMixer! 🧅🙌

The idea of cutting off the links between input and output addresses is good for privacy but will no doubt raise a lot of noise from the government and anti money laundering agencies. Do you have a plan on how to make this approach work nicely within the legal boundaries across the globe?

Onion Mixer: The Onion agreement is completely decentralized. Once we launch the agreement, we will gradually relinquish the authority to manage the project and give it to the community with full autonomy.

We also have the opportunity to introduce a traceable version, where users can choose to switch between V1 and V2 versions.

It can be done to avoid on-chain monitoring and tagging, but it can be traced

Q10 from Telegram User @Robotliker1

What will be the max circulation supply  of OMT? Is there any team tokens and will it be locked or not?

Onion Mixer: There are 100 billion OMT issued in total. The distribution plan is as follows:

1. Anonymous mining 70%: to reward users use Onion Mixer for coin mixing.

2. Liquidity mining 10%: To reward users who provide liquidity for OMT transaction pool from a third-party platform.

3. Team rewards10%: To rewards the team and products improvement as well as development, The probability of staying locked is high.

4. Presale investors 7%: To reward Onion Mixer’s early investors and TVL partners. 5% unlocked upon listing. The rest 95% will be released on a daily basis for 6 months.

5. Airdrop and marketing 2%: To support the ecosystem development and external collaboration. Unlocked as needed.

6. IDO crowdfunding 1%: For users participating in OMT crowdfunding.

In fact, our private investors’ unlocking rules are very harsh. But the fact that people are still investing in us speaks to the confidence that institutions have in us. We’ve just done a multi-million dollar private placement round last week. IDO and INO will be launched soon.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of OnionMixer. 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:

OnionMixer Telegram – @OnionMixerOfficial

We are pleased to announce our next AMA on June 3rd 2021 at 03:00 PM UTC Time: Satoshi Club x Eqifi

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

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

Part 3: 300$ – A quiz about Eqifi

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

We are pleased to announce our next AMA on June 2nd 2021 at 03:00 PM UTC Time: Satoshi Club x Jindo Inu

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

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

Part 3: 300$ – A quiz about Jindo Inu

For more details:
Jindo Inu Website – jindoinu.info
Jindo Inu Telegram – @JINDOINU2
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 2nd 2021 at 01:00 PM UTC Time: Satoshi Club x Jax.Network

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

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

Part 3: 300$ – A quiz about Jax.Network

For more details:
Jax.Network Website – jax.network
Jax.Network Telegram – @jax_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from Unique One Network, a truly decentralised non-profit NFT Arts platform owned and managed by the Digital Arts community, bringing together Artists, Creators and Collectors as One. The AMA took place on May 29 and our guest was @un1qu!

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.

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PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Gold Rocket | Satoshi Club: Hello, dear community! We are pleased to announce AMA with Unique One Network!

D. | Satoshi Club: today our guest – @un1qu!

Gold Rocket | Satoshi Club: We are glad to welcome our old good friends.

Unique G: Will never DM first: How is everyone?

Gold Rocket | Satoshi Club: We are very excited about the upcoming AMA and you?

Unique G: Will never DM first: Fantastic thanks! I am happy to be back for second time on Satoshi Club, yes extremely excited about what we have to share since the last time.

Gold Rocket | Satoshi Club: Before starting the news, remind a bit about yourself and Unique One Network.

Unique G: Will never DM first: Hi I am Unique G the community manager of Unique One Network. Unique One Network is the Polkadot Substrate chain which will host multi chain NFT art marketplaces that is Defi enabled. Each marketplace Dapps also has a multi chain presence and Unique One Network chain serves as the NFT transfer hub for all our NFTs on multiple chains.

D. | Satoshi Club: btw your team and you, are you still prefer to stay anonymous?

Unique G: Our team is not anonymous. We have speakers from our community such as Ms. Pandu and many partner projects which you can see on our website. There will be a podcast with Consensus (a major blockchain company and inventor of metamask) coming soon. Please see the below event information and we hope you can join.

https://pages.consensys.net/blockchain-in-finance-and-commerce-the-rise-of-digital-assets

Gold Rocket | Satoshi Club: Thank you very much for the great intro. And also tell us a bit what has happened during these 6 months since our last meeting in Unique One Network?

Unique G: The last 6 months have been an adventure for us.  We started with just one NFT marketplace on Ethereum and now we have 3 NFT marketplaces that is deployed on Eth, xDai and BSC with a total of 5 marketplaces. We will also roll out Unique One Network which is our Substrate chain. And will also roll out Unique One Finance which is an NFT Fractionalisation and NFT swap protocol to open the door for other Defi protocols.  We will also have Unique One Love which is a charity platform and Unique One Game which is an NFT game Launchpad and game item marketplace.  It will also feature a Metaverse. We are a full blown ecosystem now and this is not possible without a strong community and partners with various other projects and teams who believes in our nonprofit net zero fees community owned vision. We are extremely grateful.

Q1 from Telegram user @Highpee

The last time you were here in December 19, you said that you will sponsor ETH Denver 2021 VR Art Gallery, a 7 days’ digital event that was expected to start in Feb 2021. You also plan to implement your DAO model phase 2 which you said will be the first in the world. It has been an interesting journey for your project ever since then. Can you tell us about the ETH VR Art Gallery Event? How successful was it and how can participants join the current ETH Denver auction? Also, is DAO phase 2 structure which you said will be the first of its kind already implemented? Kindly brief us on these and other interesting updates about unique one.

Unique G: I am glad you remember, ETHDenver was an absolute success. It is the largest eth dev event in the world and the Colorado governor Jared Polis is supporting the event. We sponsored the VR Art Gallery which was curated by IRL Art and since then they have applied for our Artist Incentive and was approved for Usd100k to build more VR Art Galleries and next month they will unveil the parallel REAL life Art Gallery with a parallel VR Art Gallery in Denver!  They are a cooperative of more than 100 artists and support the BLACK LOVE ART movement. Even though travelling is difficult during covid times but one of our team member will be there to see it. 

Further to that, we will roll out auction functionality by mid-June and will facilitate an art auction for ETH Denver spork launch. Selected artists will be features, we encourage artists to reach out to IRL Art and ETHDenver if you want to contribute.

The DAO Phase 2 will be on our substrate chain and will be available sometime after our Substrate chain is up.  We will have a DAO for governance of the Chain and DAO for governance for Dapps. This way there will be shared resources and governance between the various Dapps on our chain. Sort of like nation and state level.

As usual, any new project tokens will be airdropped to existing Unique Token holders. And a portion is airdropped by our Rare Limited Edition NFT cards.

You can see the RLE NFT cards in this showrell video which was shown as Consensus 2021.  We were the two block sponsor of Consensus.

D. | Satoshi Club: so VR direction will be play an important role on your platform in the future updates?

Unique G: Yes, absolutely. In this covid world, there are a lot of people using VR as an escape mechanism. For example, crypto voxel land may be expensive but if you build a gallery there, we find there are 300 visitors in one day.  So it replaces the physical space.  We also have partners who own 3% of the land in crypto voxel and we will use it to advertise for unique one network and other unique projects later on.  The current metaverse can be improved and we are thinking of applying NFT lease and mortgage to virtual lands using Unique One Finance. There is also a social component which can be improved and we are talking to a meta social protocol to enable social media in world. A lot of exciting possibilities there and we are already in development for some of these ideas. We will reveal in our telegram channel when it is ready. Unique One Finance is close to launch but we are undergoing audit for the smart contract.

Q2 from Telegram user @Ruttiee

Unique One Network currently has or 3 different NFT marketplaces which are: Unique.Fans- an Adult Arts NFT Marketplace, UniqueOne.Photo- a Photography NFT Marketplace and Unique.One- a non-profit platform owned and managed by the Digital Arts community. How Does Unique One Network ensure that NFTs sold on its marketplaces by creators are original and does not have any copyright issue?

Unique G:  This is a problem to which no one who is operating an open and permissionless platform has a solution for at the moment. So we have a complaints based system at the moment. Our marketplace has a Google image search function built in so that if the art or picture is something that is common on the Internet, it will be indicated. In an open and permissionless NFT such as Unique One and Unique Photo, it is a big challenge as we cannot directly link the identity of the creator/artist/photographer to the metamask address and the works. Therefore, we are undertaking a big joint project with FIO protocol. The solution will use their human readable domain and address system to link to a blockchain address and NFT items. They will enable us to track an item across multiple blockchain. This is an exciting project for us as we seek to find a soliton to this problem for the industry. For permissioned NFT marketplace such as Unique Fans which is a NSFW NFT art marketplace, we use Yoti verification so we can ensure all creators are above 18 years of age and that we do not receive their ID details. This is the same system used by Pornhub so many creators already have a yoti account and just need to connect to their existing account. It also opens a large pool of adult performers to on board to Unique Fans.

Gold Rocket | Satoshi Club: well… you have found a unique solution to this aspect.

Unique G: As decentralised ID is more mature and protocols in the Polkadot ecosystem such as Kilt Protocol for their verifiable credentials become more popular in use, we believe the problem will be solved if all the NFT platforms makes it a requirement to have a DID.  We are agnostic so we are keeping our options open and willing to work with other technologies as well.

Q3 from Telegram user   @andrey_seleznov

Hi Unique.One! I’m interested in learning more about the Creation Mining concept. Unique.One plans to be the first platform to reward creators for publishing their artworks on the platform. 10% of the $RARE token supply is reserved for creators. Please share some more details, how can creators get a share of this treasure? Is it enough to simply publish the artwork on your platform or are there any specific requirements creators will need to meet?

Unique G: Creation mining or minting rewards is part of the reward program. This is ongoing on all our platforms including $RARE, $FOTO and $FANS. We have an allocation of tokens which is 10% of supply which is shared amongst all the creators. There is a condition though.  The creator will be disqualified if they are found to be violating copyright laws or for the Unique One Photo marketplace, if they do not comply with photographic guidelines, they can be excluded from the rewards.  In addition, there are another 10% for number of transactions and 10% for volume of eth.  This is shared between buyers and sellers. The platform directly rewards the activities that helps the platform grows and many people have many a lot of money doing this.

D. | Satoshi Club: for the Unique Photo marketplace, photos which will be placed there, they should be in a good quality? can I just take my phone, go and take thousands of photos everything around me, and upload to the market in non-stop mode, just to boost my chances to get more rewards eventually?

Unique G: Our target market for photographers are the art photographers who can be professionals or amateurs.  So there is a certain quality level that is expected of the NFTs.  Unique One Photo solves a really big problem for the millions of professionals and hundreds of millions of amateur photographers around the world.  Traditional centralised platforms charges a hefty fee from 30 to 50% and there is no way to tell how many copies are sold. With our platform, they are not charged any fees whatsoever. We are the first photo nft platform and we have big hopes for this platform. You can visit bsc.uniqueone.photo to see our featured photographers who are award winning and amazing talents. We also have a selectable license so that photographers can choose and this will be embedded in the metadata of the NFT.  This is a world first.

Photography is the art of capturing light with a camera, along with a subject and/or foreground to create story for your photos. Your photo should include the following:

1. Composition (Inc. but not limited to Rule of Thirds)
2. Bokeh (Optional, Aperture)
3. Contrast
4. Exposure
5. Correct ISO
6. Flash / Strobe (Optional, Natural/Studio)
7. Shutter Speed

Above is simple guidelines.

Please inform all your photographer friends to come onboard. We will have photographer contest/incentive programme as well once we have made sure the platform is running smoothly. Here are minting steps.

Q4 from Telegram user   @mctrho

According to your website, you already have markets in the Ethereum, Binance Smart Chain and xDai chains. Do you plan to move to other blockchains like Polkadot, Solana or other chains? Also, the current situation of Ethereum with respect to its high commissions and traffic on the network, has any negative impact on the project?

Unique G:  Our next platform will be Unique One Network which is a Substrate chain and we plan to connect to Octopus Network which is a relay chain on NEAR. We can move later to Kusama once our project reaches a higher valuation. We are also planning to roll out on Soranet but this requires Ink! Contract and we are in research for this. It is easy for us to deploy any marketplace such as Solana, Matic or any other chain which we think will give us the audience. In essence, Dapps are consumer facing so think of them as retail shops which will open a branch in any city where there is a market. So the strategy for most Dapps is to deploy on Multiple blockchains.   The objective is to grow the market and all the more activity there is the more benefit it will give our community. But there is a cost to deploy and maintain so we will decide carefully.

Gold Rocket | Satoshi Club: If you are familiar with metamask, this guide seems simple enough to me. Does the user need to pass the KYC?

Unique G: Ethereum is excellent but it is only for large value transactions. Matic is pretty awesome as the wearable on Cryptovoxel is using it and now we can have these items featured in opensea as well. $FOTO is permissionless but if they want to be featured, they need to be accepted into our professional group. Anyone can open a $Foto account and mint.

We are already multichain but now we will have our own native substrate blockchain to host all our marketplaces. This is part of our long term plan.

D. | Satoshi Club: you have lots of things in pipeline, wow, you will be a truly multichain project.

Unique G: Thanks… The credit goes to the founding team and the many partner teams.  We did not raise much and do not have team tokens so it would be impossible to do it without everyone’s collaboration.

Q5 from Telegram user @victorogb

The UniqueOne $RARE token is its major token created to govern the entire platform on the Unique ecosystem. Therefore, how does the $RARE token come into dominant use and prominence, with other tokenized substrate such as $FOTO and $FANS still employed in the UniqueOne ecosystem, and why would minting of the $RARE token be done over a period of five (5) years?

Unique G: The reason why we have a multi sector strategy is because there are many communities that have their own set of requirements. So for example photographers want to have their own topics to talk about and they want the UI to be optimised to display photos. This is why when we created $Foto the UI is totally different. Please compared app.unique.one and bsc.uniqueone.photo. They are both different. Each token will represent the governance in their own community.

The same applies to Unique Fans where NSFW artists have been constantly banned and have their social media accounts terminated. So the platform is geared towards them and their content. So that they will no longer be discriminated against. It also ensures that NSFW content doesn’t end up elsewhere where it may not be welcomed.  Obviously, they are a community of their own and want to have a say in the direction of the project.  Check out app.unique.fans

Unique.one is an art nft marketplace so it is clear who the community is for. The unifier will be Unique One Network which will be our own native blockchain. And all the token holders will receive airdrop of $UNET coins so that they can have a part in the foundation layer and decide together.

D. | Satoshi Club: $FOTO and $FANS are crosschain assets they can be transferred easily between all 3 chains (Eth, BSC, xDAI) at the moment? or some of them existing only in one chain which you support?

Unique G: We always have airdrops for every new project to all existing holders. It is possible to transfer now but the problem is the gas fees especially eth gas fees. So it is cheaper to create in Eth if your intention is to have an Eth NFT. Maybe this will not be a problem when we have a bridge between 2 cheaper blockchains.

Q6 from Telegram user @Derazy

I would like to know more about Unique One Love that is a charity platform. What is the main focus of this charity platform? Can you please tell us how community can contribute on this charity? And perhaps we can know how you choose eligible organization/personal to receive donations?

Unique G: Unique One Love will allow charities to raise funds using crypto and auction mechanism. Our auction mechanism will be an improvement on what is out there at the moment. And this will be showcased for Ethdenver $spork auction mid-June. We will apply this for Unique One Love as well. The model for Unique One Love is similar to our other platforms in the sense that it will generate a buyers’ fees and this will be used to buy back and burn supply of $LOVE.

It will be permissioned; only qualified charities will be allowed to create auctions or net sales on $Love platform. The qualification process will include application, a period of monitoring and a trial period in order to ensure the deals are genuine and that the process is transparent and the donation is provably received by those in need.

We will start with an established charity platform in Indonesia and the founder will also play a part in the $Love team so that she can guide the development of the platform and make sure it grows. The crypto has only has a few of such platforms and we believe it is important for us to encourage collaboration with more crypto projects to give back to the world.

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PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

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

Q1 from Telegram user @NataliyaKil

Congratulations on the launch of UniqueOne.Photo!  It seems to me that photography is the most popular art form in our time.  I would like to know with what subject the photos can be posted on your platform, are there any restrictions and censorship?  I know that on many sites and in social networks you cannot post other people’s photos of people, children’s photos without the permission of their parents, photos of an intimate nature, and even photos that have been processed through Photoshop.  How are you doing with that?  What is allowed and what is prohibited?

Unique G: Thank you. It is really exciting for the photography community. It is the responsibility of the creator to be aware of copyright violations and obtaining permission of subjects. We have a few travel photographers and one of whom has worked for national geographic. We place the trust in them to be aware of such topic.  Of course there is a complaint channel and this will help us identify any works which violated copyright or any other well accepted dukes. The foto professional group is a really active group and there are many ideas that comes up. So for example, the past few days someone has the idea of a new type of license. So we think this is valid and should be incorporated. All our projects are fluid and the community input once accepted is quickly carried out.

Q2 from Telegram user @Xusuo

I found that Unique One is sponsoring the largest Crypto conference in the world, Consensus 2021. So user who participate can get discount 50% to buy your token. Can you tell us the detail about what is the conference about? And How do I possible to join in discount 50% event?

Unique G: Yes. The Consensus 2021 sponsorship follows our strategy to only collaborate with top platforms for our branding drive. The package we signed up for with Coindesk is actually a big package that will cover advertisements on their website, newsletters, podcasts and other mediums.

We had a similar campaign with Cointelegraph.com where we airdropped a special Cointelegraph.com NFT on our bsc.unique.one marketplace for the first minsters on the marketplace. This partnership also comes with ad campaigns which we will carry out for Unique One Network. And of course, we sponsored Ethdenver and will continue to look for the next top class partner to make our project and branding well known in this space.  Some people comment why a small project like us is spending money on such expensive campaigns. We like to think of this as a signal that we are serious and will do whatever possible to make this project a success.

Q3 from Telegram user @Ajpaa

Unique.One has a fixed Total Supply Token Model of 10 million $RARE tokens will ever be created. While Token emission starts with 4 million tokens issued in the first year followed by 1.5 million tokens each year for next 4 years. Why did you decide to use the 1.5 yearly token issuance? Is there any possibility of changing this? Would there be burning and deflationary policy of $RARE? Thank you.

Unique G: We use buy back and burn mechanism for all our marketplaces. For Unique One we have only a buyer’s fee of 2% which is collected to buy back $RARE and then burned. We have done this 2 times and in total there are about 2% of circulating supply that has been burned. We expect about 5 to 10% of circulating supply to be burned a year and the price should have a positive impact in 2 to 3 years due to the rate of token burning.which drastically reduces supply.

Q4 from Telegram user @Alex_dro_pro

Are your team planning to launch an LP reward program in the future, which will also be followed by the bug bounty program??

Unique G: The LP reward is always available and forms a big part of our tokenomics to ensure we have sufficient liquidity in our Dex. Please go to Uniqueone.exchange for all the information you need for all our tokens including LP reward, listing and token burn information.

Q5 from Telegram user @Miner_001

Russian, french, mandarin,Hindi are most spoken popular language and most people in crypto space also so is your #Unique One Network project does have any separate telegram community for these people?

Unique G: We want to support all our community which speaks various languages and so far we have Vietnamese, Japanese, Chinese, Spanish. If you have any sufficiently large following, then please let us know.

Q6 from Telegram user @h1drX

Unique is being built by a team of anonymous artists, developers, designers, marketers, and project managers with deep involvement and experience in the crypto space.  Why does the team that develops Unique One remain anonymous?  What is the reason for this?  Gaining the trust of people in the crypto world is essential, and many times both consumers and investors need to know the team to deliver that trust.  Does your team think about revealing their identities in the future?

Unique G: As answered before, we started as an anonymous project but we are no longer anonymous. You can check the partners list on our website uniqueone.network and we have a spokeswoman for Consensys podcast as shared before.

Q7 from Telegram user @Kabirkapoor9

When UniqueOne will adopt kusama? Any expected date?

Unique G: Unique One Network plans to be an appchain on Octopus Network Oct.network first as the barrier to entry is lower for this relay chain. Only when we grow our token valuation to an interesting level, we will bid for a Kusama parachain. This will be the strategy of many smaller appchain projects.

Q8 from Telegram user @NataliyaKil

So you’ve gone through the launch at ETH, xDAI and BSC.  The launch of SoraNet is planned for the 3rd – 4th quarter.  To be honest, I don’t know anything about this network – SoraNet and an internet search returned no results.  Could you tell us what kind of network it is, why did you choose it to launch Unique One in it, what new functions will Unique One acquire in SoraNet and benefits for users?  Whom do you plan to conquer in the future?

Unique G: Soranet is sora.org which is a Substrate chain which hosts Polkaswap. We have 50% of our LP rewards on Polkaswap. The other half is from Uniswap. Our founding team and initial community are all from the Sora community so we receive very special treatment and support from them.  For example, our unique tokens are the first non-native tokens supported by Polkaswap. This is also the reason why we have a significant amount of Unique Tokens on Polkaswap. So it is an important mission for us to make our NFT marketplaces available on Sora. Unfortunately, EVM is not supported so we have to dedicate resource to deploy using Ink! Contract.

Q9 from Telegram user @highpee

You have enough products already, but I discovered you are not getting tired as you plan to launch 3 other products which are Unique ONE LOVE, Unique ONE FINANCE and Unique ONE GAME.  What will be UNIQUE attributes will each product has and how is it designed to deliver a UNIQUE EXPERIENCE?

Unique G: The only reason why we can undertake so many projects without tiring is because we work with many teams and other partners. Or else this project is not possible at all especially with such a small budget. We are not only building community of users but also community of builders and we support each other.

Q10 from Telegram user @KhaleesiTheCryptoLady

In your 2021 roadmap, could you share to us which part is the most important one? How it gave great progress in the Unique One Network?

Unique G: We did not officially have a roadmap as we are not an ICO project. But now we have revealed our roadmap which will be executed within 4 months. We will launch the following projects.

• Unique One Love
• Unique One Finance
• Unique One Game
• Unique One Network

As for 2021, it will be an expansion of our universe. We will do it in 2 ways. 1.  Continue building Defi and NFT protocols with our team collaboration with partners 2.  Build NFT marketplaces for other interested parties on our Substrate chains

As for parachain connection, we will want to connect to

1. Oct.network

2. Kusama once our token valuation is high enough.

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PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Unique One. 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:

Unique.One Community: https://t.me/unique_one_rare

We are pleased to announce our next AMA on June 1st 2021 at 01:00 PM UTC Time: Satoshi Club x Marsis

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

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

Part 3: 300$ – A quiz about Marsis

For more details:
Marsis Website – marsis.io
Marsis Telegram – @MarsisNFT
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

PART 1. Introduction of PolkaWar project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about DeFi game with play-to-earn formula.

PolkaWar is Innovative DeFi and NFT Gaming Platform. The NFT-based decentralized fighting game with game form – Play to earn.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about PolkaWar

The reward pool is 500$

Leading the AMA our clever and fun admins:

Andrés M. | Satoshi Club – @AndresM77

Paul Mont | Satoshi Club – @Ballantines87on

The Representative of the project:

Jackson Mohr | CEO of PolkaWar – @jacksonmohr – Founder and CEO 

Introduction of PolkaWar project.

Andrés m. | Satoshi club:

Hello dear community. Another ama session is starting😁

Paul mont | Satoshi club:

Today’s guest is @Jacksonmohr from Polkawar 🔥

Andrés m. | Satoshi club:

Our friends from Polkawar are here. Let’s give a warm welcome to @Jacksonmohr founder and ceo.

Paul mont | Satoshi club:

Welcome! Great to have you here!😁

Jackson mohr | ceo of Polkawar:

Hello everyone

Paul mont | Satoshi club:

Hello Jackson, welcome! It’s a great pleasure for us to have you here at Satoshi club 😁

Jackson mohr | ceo of Polkawar:

I am very happy to attend ama today at Satoshi club

Paul mont | Satoshi club:

Hope you’re having a great day!

Jackson mohr | ceo of Polkawar:

Thank you ❤️

Paul mont | Satoshi club:

So let’s start telling us a bit about your background. How did you get into crypto?

Jackson mohr | ceo of Polkawar:

Sure

Paul mont | Satoshi club:

And also, how did you get to be involved with Polkawar 😉

Jackson mohr | ceo of Polkawar:

Sorry, can I  post link here ?

Andrés m. | Satoshi club:

Yes, you can, please try again

Jackson mohr | ceo of Polkawar:

First of all, I  will post social media of Polkawar project here

✅ Website 

✅ Telegram 

✅ Telegram discussion 

✅ Twitter 

✅ github 

✅ Medium 

✅ whitepaper 

Can you help me pin it? Thank you

I’m Jackson mohr, CEO & co-founder of Polkawar. Graduating from the national university of Singapore in 2002, I have many years of experience in the field of 2d & 3d game programming.

Andrés m. | Satoshi club:

Thank you so much, Satoshiclubbers let’s join

Jackson mohr | ceo of Polkawar:

Knowing the cryptocurrency market in 2016 as an investor, I  have a lot of experience in the field of investment and management

In addition, I  have more than 5 years of experience in the field of blockchain programming.

Polkawar is a decentralized fighting game platform on the blockchain network. Inspired by the nft subfield, Polkawar will create a vivid fighting game world.

Players will build character systems with weapons and equipment with different levels, to engage in combat with other players; participate in quests in the game as well as buy and sell items in the marketplace.

—finish

Andrés m. | Satoshi club:

Why Polkawar? How did you choose the name?

Jackson mohr | ceo of Polkawar:

The word “polka” is like a trend and has a good marketing meaning haha. It is easy to remember.

Paul mont | Satoshi club:

Ha-ha yes, indeed it’s probably one of the most trending suffixes in the crypto space at the moment 😁

Andrés m. | Satoshi club:

So, is it like an mmo?

Jackson mohr | ceo of Polkawar:

It’s a fighting game on blockchain and inspired by NFT, not MMO ha-ha.

Paul mont | Satoshi club:

The character building, the upgradable items and the leveling system, the team battling… Will it take also partly inspiration from games like League of legends for example?

Andrés m. | Satoshi club:

Haha got it, please share us some pics of the live game😃

Jackson mohr | ceo of Polkawar:

Similar, but of course it will be simpler and bring more DeFi and NFT elements

Paul mont | Satoshi club:

This one is already pretty dope 🔝 thank you for sharing!

Jackson mohr | ceo of Polkawar:

The game is not mainnet yet, but I  will send you some design resources. These are the 3 main characters in the game.

Andrés m. | Satoshi club:

Thank you, who are the designers?

Jackson mohr | ceo of Polkawar:

Luckily, I have a very good designer team haha.

Paul mont | Satoshi club:

I can’t wait to equip and try the tessen and the magic vase games items on my future Polkawar characters 😁

Jackson mohr | ceo of Polkawar:

Sure. Frist MVP will live on 1st June

Andrés m. | Satoshi club:

😁 thanks for this great introduction. We have collected some community questions to learn more about Polkawar, are you ready to go?

Jackson mohr | ceo of Polkawar:

Sure. I’m ready.

Preselected questions about the PolkaWar DeFi project.

Paul mont | Satoshi club:

Here we go 😁

Q1 from telegram user @nataliyakil

One of the Polkawar products is the Polkawar marketplace. The players can acquire funds by selling their upgraded equipment and weapons, in the native pwar token. What does the process of improving equipment and weapons look like? Are there any levels and in order to upgrade their equipment does the player have to spend their pwar token? Why are these improvements needed at all, what new functions does equipment and weapons acquire, what opportunities do players have?

Jackson mohr | ceo of Polkawar:

Very good question

Polkawar’s character system will have 3 types of characters: warrior, magician, archer. There are a total of 5 levels. Each level has a different hp, mp, XP, and attack stats.

Total equipment and weapons will have 10 types (sword, big knife, tessen, bow & arrow, gun, scepter, a magic vase, armor, helmet,

Wing), and there are 3 different levels. Each level has different hp, mp, damage, accuracy stats.

To upgrade weapons and equipment, you must buy stones to practice. Stones you can buy or do quests to get.  Of course, the higher the level, the higher the item’s stats will be

Andrés m. | Satoshi club:

Great, what are the ways to have that equipment? Only using funds.

Jackson mohr | ceo of Polkawar:

There are 2 ways: you can buy in the marketplace with BNB or pwar token or join the airdrop program. On June 1st, there will be an airdrop of weapons and equipment levels for participating users. Let’s join it

Paul mont | Satoshi club:

Save the date Satoshi clubbers! 🔥🔥🔥

Andrés m. | Satoshi club:

Great opportunity Satoshiclubbers🥳

Paul mont | Satoshi club:

So, since the airdrop is so near, how can users participate in the airdrop?

Jackson mohr | ceo of Polkawar:

There will be a tutorial to join the airdrop. I   will post at Satoshi club then haha

Andrés m. | Satoshi club:

We will be expecting for it thank you. Time to proceed with the next question? Are you ready to go?😃

Paul mont | Satoshi club:

Haha great, let’s build some hype around the event 🎉

Jackson mohr | ceo of Polkawar:

Ready ❤️

Paul mont | Satoshi club:

Q2 from telegram user @ruttiee

The game system will have the characters of warrior, archer and magician. Each with different strengths and weaknesses, complete with a diverse range of weapon systems and equipment. Does Polkawar dev team has any future plans to include more characters? Will gamers/users be rewarded for completing missions successfully?

Jackson mohr | ceo of Polkawar:

The questions from your community are really high quality. Thanks very much ❤️

Andrés m. | Satoshi club:

Our members are always interested on good projects like yours 😃

Paul mont | Satoshi club:

Yes, there are some rare talents in our community who truly care to know more about the gem projects showcased in our amas💎

Jackson mohr | ceo of Polkawar:

Currently, Polkawar only directs and focuses on building 3 characters that are magician, warrior and archer. In the future, we will open many levels for the characters, maybe up to level 50, 100. And moreover, focus on building equipment and weapons for the character, open more levels and more maps.

When you join a battle, if you win the battle, you will receive the battle bet money (pwar, BNB )  and gain experience points.

When you complete the mission, you will get experience points and PWAR tokens.

Andrés m. | Satoshi club:

Will you implement new things like pets or vehicles?

Jackson mohr | ceo of Polkawar:

There will be mounts for the character and depending on the level, different mounts can be used

Andrés m. | Satoshi club:

Any computer can run the game, or do we need an expensive computer to play?

Jackson mohr | ceo of Polkawar:

The game is built on a website platform, so anyone can join

Paul mont | Satoshi club:

That looks like a very powerful mount for my warrior character!⚔️🛡💪

Andrés m. | Satoshi club:

I like it, it remembers me when I  played world of warcraft😁

Paul mont | Satoshi club:

It reminds me of playing the Persians with age of empires and brings me back so many cool memories 🤧🤩

Jackson mohr | ceo of Polkawar:

Yeah haha. I loved playing AOE when I   was a kid.

Andrés m. | Satoshi club:

Oh great game as well

Paul mont | Satoshi club:

Anyway. Thanks for the comprehensive answer Jackson! Ready for the next question? 🚀

Jackson mohr | ceo of Polkawar:

Sure

Paul mont | Satoshi club:

So much time i’ve spent on that game lol ❤️

Paul mont | Satoshi club:

Question 3 coming 😁

Q3 from telegram user @manugotsuka

One of the most interesting thing about Polkawar logictics is the possibility of “hold the nft” in the real world, but considering that some of your nfts are weapons, how do you exactly will represent that in the real world? A real weapon or a toy version?

Jackson mohr | ceo of Polkawar:

Good question. I guess this person really likes to own weapons haha.

Paul mont | Satoshi club:

Who doesn’t hahaha ⚔️💪😁 It is by the way a great and unique feature about Polkawar 💎

Jackson mohr | ceo of Polkawar:

It’s a real-world weapon and equipment, not a toy version. We have connections with a number of small merchants, so the supply of items is not an issue. We will go through some legal issues, before deploying this module

Real sword we already have

Paul mont | Satoshi club:

Wait, so if my warrior character is equipped with a huge bastard sword, that means I   can convert it to a real bastard to use, let’s say, as furniture inside my house?

Jackson mohr | ceo of Polkawar:

Paul mont | Satoshi club:

This runic sword is just epic 🔥

Andrés m. | Satoshi club:

Wow, do you have the arch as well?

Jackson mohr | ceo of Polkawar:

All are ready

Jackson mohr | ceo of Polkawar:

In the game there are many levels of swords, but in the real world, there are only 1 or 2 types of swords represented haha

Andrés m. | Satoshi club:

What is needed to claim it?

Jackson mohr | ceo of Polkawar:

When the Polkawar logictics module launches, you just need to request it on the app, or you can join the auction to get it. All payments in BNBor PWAR tokens

Of course, it has to go through all legal issues before it can be implemented

Andrés m. | Satoshi club:

Thanks for share it, that’s an innovative process

Jackson mohr | ceo of Polkawar:

This is a function that can be said to be a feature of Polkawar, no platform has implemented it yet.

Paul mont | Satoshi club:

I can already picture real-life epic larping battles simulating in-game Polkawar battles haha 😁 So original! Great feature! Thanks for taking care of this. Great answer! Ready for the next question? 😉🚀

Jackson mohr | ceo of Polkawar:

Let’s go 🚀

Paul mont | Satoshi club:

Q4 from telegram user @jonahapagu

On your roadmap there is a plan to launch your game on casper blockchain mainnet, this happens to be one of the first games I   have come across that will be built on casper, so can you explain why you decided to build on casper blockchain mainnet, what are the advantages of doing so, and will building on casper blockchain mainnet also be beneficial to you in building your multichain marketplace.

Jackson mohr | ceo of Polkawar:

Casper network is a new blockchain platform that has many advantages and differences compared to the rest of the competitors. It inherits the good aspects of the Ethereum blockchain and improves on its weaknesses, such as the problem of almost zero transaction fees and very fast speeds, using pos.

Moreover, we wanted to try something new, especially the casper ecosystem is small, so we decided to aim to casper. I   believe that if Polkawar successfully builds on casper network, it will be a very significant breakthrough for us.

Next time, we will coordinate with the casper team to conduct construction. Of course, the first step is still to run on Binance smart chain first

Others, we will also aim to build Polkawar marketplace on another blockchain like Ethreum, Polkadot, Matic.

Of course, it will take a long time to develop

Andrés m. | Satoshi club:

Btw, we would like to know more about PWAR, how can we buy it? Only on your platform?

Jackson mohr | ceo of Polkawar:

We are in the private sale round, and have raised $400k from Polkabridge, Chinapolka, and BMW capital. Currently, there are many big vcs inviting us.

Public sale will be conducted in June

https://finance.yahoo.com/news/Polkawar-innovative-nft-fighting-game-122700369.html

Paul mont | Satoshi club:

Congratulations! This is a very important backing partnership and also a great starting milestone achieved for Polkawar! 🚀

Andrés m. | Satoshi club:

What about tokenomics? How is the token amount distribution?

Jackson mohr | ceo of Polkawar:

Token release schedule

Initial supply: 6.5m token

Initial mcap: $1.3m

Andrés m. | Satoshi club:

That’s what I   call a gem😁 Thanks for share it, ready for the next question?🥳

Jackson mohr | ceo of Polkawar:

Ready ❤️

Paul mont | Satoshi club:

Q5 from telegram user @h1drx

Generally speaking, a game requires tens or even hundreds of people in some cases, and the general production cycle is several years. To develop a game like Polkawar, specialised professionals in different fields are needed, who are capable of designing, drawing and programming. I   am interested in knowing more about the team behind Polkawar, how many people make up your team? How are they trained and what expertise do they possess?

Jackson mohr | ceo of Polkawar:

Polkawar’s development team has 2 developers, they are experienced in game programming and nodejs. There are 2 designers, they are experienced in 2d & 3d game character design, animated design .

I’m also a blockchain developer, have little knowledge about smart contract

Of course, among you here, who can potentially apply for a job at Polkawar. Just send your cv to email hello@Polkawar.com

Paul mont | Satoshi club:

I was just about to ask that haha. Pretty sure there are some hidden talents here in Satoshi club 🙃

Jackson mohr | ceo of Polkawar:

Yup haha

Paul mont | Satoshi club:

Big opportunity here Satoshi clubbers, don’t miss out! 🔥

Jackson mohr | ceo of Polkawar:

We are very open to talented people who want to contribute to Polkawar.

Paul mont | Satoshi club:

Thanks a lot for the answer Jackson. Time now to proceed with the last question for this first part of the ama, are you ready to go? 😉

Andrés m. | Satoshi club:

Thanks for the opportunity, I   think we have several users interested on it. @paolomonte87 shoot it 💪

Paul mont | Satoshi club:

Q6 from telegram user @andrey_seleznov

Hi Polkawar ! ⚔️

Could you please clarify more about the Polkawar genre? Is it a fighting game where players only engage in PVP in the arena or is it more of a 3d rpg game with quests, exploration, battles and all the fun that comes with this? I   also wonder if you plan weapons to have degradation mechanics so that they can lose some of their value and stats after the battle?

Jackson mohr | ceo of Polkawar:

Polkawar is a fighting game. You build your character with weapons and equipment, then challenge other players. The form of the match can be 1 vs 1 or team vs team.

Before participating in the match, both sides will bet an amount. Whoever wins will win that amount

When you win the battle, in addition to the money, you will have more experience points to upgrade your character.

Andrés m. | Satoshi club:

How hard is to increase each level?

Jackson mohr | ceo of Polkawar:

In addition, the game will have a daily mission to earn more experience points…

There will be formula to level up the character. You can read more in the whitepaper https://Polkawar.com/docs/whitepaper.pdf

Andrés m. | Satoshi club:

Got it, thank you so much for the clarification and your answers in this first part of the ama🥳

Paul mont | Satoshi club:

Thank you very much for the clear answers @Jacksonmohr! You’ve been great! 😉

Andrés m. | Satoshi club:

It has been a great time and now we must proceed to interact with our dear users into the live segment

Paul mont | Satoshi club:

We will now open chat for 2 minutes and our community will ask you some questions 🙂 Ready? 😉

Jackson mohr | ceo of Polkawar:

Ready

Andrés m. | Satoshi club:

Opening chat in 3

PART 2.Questions about the PolkaWar project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the PolkaWar crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @xperia3

As a Gamer myself I can say it is easy to get Gamers in Polka War since the game looks quite nice! How will Polka War team bring non-gamers to this project? What will be your marketing strategies in this direction?

Jackson Mohr | CEO of PolkaWar:

I think PolkaWar will be a very easy for playing and highly addictive game. If you’re a gamer and have some blockchain knowledge, you’ll be fine.
Marketing is an important and necessary element of every project, especially at the early stages of a project.
we have good staff so this should not be a problem either.
To expand the market and introduce project to more people , we will regularly attend AMAs, meetings, online and offline events…
In the near future we also carry out advertising campaigns through KOLs, airdrop , giveaways campaign. I think those are effective approaches at first.

Q – 2 from a telegram user @Jodasf

Like PolkaWar, there are several platforms with their own blockchain-based NFT marketplaces, so what makes you different from your competitors, what features will allow you to participate to be one of the best platforms in the market and what strategies are you developing to attract a good amount of subscribers to participate in the sale, redemption and creation of the items you offer, for example? 

Jackson Mohr | CEO of PolkaWar:

PolkaWar’s Marketplace does not allow players to create items for sale, but only allows the purchase and sale of in-game items. That is our biggest difference from other platforms like Rarible, OpenSea…

Q – 3 from a telegram user @highpee

Later this month, you will run MVP TESTING for early participants and I learnt you will be giving out NFT Airdrop to these participants. This month is already ending. Are you still going ahead with this plan? Who can participate in this product testing stage and what will be needed to join?

Jackson Mohr | CEO of PolkaWar:

The MVP will be launched on June 1. Along with that, the big airdrop campaign will also launch. Participating in the airdrop, users will receive items that are weapons or equipment (level 1) and 25 PWAR tokens . Everyone can participate

Q – 4 from a telegram user @Antoni_azx

From what I could read from its whitepaper, users in Polkawar will not be authorized to create NFTs, but to collect and trade them according to the availability of the system, can you tell us if due to the finite quantity of these items there is any limit for the purchase and sale NFTs per user? And with what currency can they be purchased?

Jackson Mohr | CEO of PolkaWar:

There is no limit to the purchase and sale of items. As long as you have enough BNB or PWAR tokens, you can participate.

Q – 5 from a telegram user @xperia3

What are the use and benefits of holding and/or (if it is possible) staking $PWAR tokens? Can you give some reasons to the long-term investors to buy and hold $PWAR?

Jackson Mohr | CEO of PolkaWar:

You can see the use cases of PWAR token here.
Staking and farming are two modules that are sure to be included in a Defi project
In the future, when PolkaWar attracts many players, do you think PWAR token will increase in price haha

Q – 6 from a telegram user @Tony253210

PolkaWar game remember me so much to awesome games of my childhood, and it looks so we’ll designed, so can you tell us what are the CPU requirements to install and play the game?

Jackson Mohr | CEO of PolkaWar:

The game is built on a website platform, I think a basic computer can participate.

Q – 7 from a telegram user @feranno

Since POLKAWAR is a war-themed NFT game, can we use the NFT-created weapons and equipment outside of the game?

Jackson Mohr | CEO of PolkaWar:

All weapons and equipment are represented as ERC721 tokens. So I think it can be used outside the game, on other marketplaces that support the listing of NFT items

Q – 8 from a telegram user @JoanaZ

The roadmap says that PolkaWar will be deployed on the Casper blockchain, but apart of this chains the game will be compatible with other popular networks?

Jackson Mohr | CEO of PolkaWar:

PolkaWar will be launched on Binance Smart Chain first, then will expand to Casper and other blockchains like Matic, PolkaDot

Q – 9 from a telegram user @Sumione

I see that Polkawar already make 3 strategic partners from : PolkaBridge, ChinaPolka and BMW Capital. Actually I only know about PolkaBridge since they already do ama in Satoshi Club and they are great project. But how about the other two? Would you please explain what the benefit both project get from this partnership?

Jackson Mohr | CEO of PolkaWar:

PolkaBridge is a decentralized all-in-one financial application platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with PolkaDot as the base of activity.
Website 

ChinaPolka is a self-organized non-profit China based community alliance, inspiring to build the largest PolkaDot ecological chain community in China, and popularize the new technology and new ecosystems to the Chinese people!
Website 

Q -10 from a telegram user @Tony253210

Which kind of game is PolkaWar? A RPG or a MoBa?

Jackson Mohr | CEO of PolkaWar:

it’s RPG

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the PolkaWar project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: PolkaWar

Telegram group  | GitHub |  Tweeter  |  Website  |  Discord | Medium

We are pleased to announce our next AMA on May 31st 2021 at 05:00 PM UTC Time: Satoshi Club x Grow House

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

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

Part 3: 300$ – A quiz about Grow House

For more details:
Grow House Website – grow.house
Grow House Telegram – @GROWCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on May 31st 2021 at 11:00 AM UTC Time: Satoshi Club x Hoodrat

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

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

Part 3: 300$ – A quiz about Hoodrat

For more details:
Hoodrat Website – hoodrat.finance
Hoodrat Telegram – @HoodratOfficial
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 PhutureDAO and our guests were @charles @OliverMehr. The AMA took place on 27 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 PhutureDAO! Welcome to Satoshi Club😀

Mihai Pisica: Hello everyone here in Satoshi Club. Another sunny day outside )

Our guests for today will be :

@charles

@OliverMehr

Oliver Mehr: Pleasure to be here!

Charles | Phuture: Great to be here!

Mary | Satoshi Club: Welcome here 😀

Mihai Pisica: Welcome in Satoshi Club Oliver and Charles!

It’s an honor to have you here )

Mary | Satoshi Club: Hello! How’s going?

Charles | Phuture: All good – pleasure to be here!

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

Mihai Pisica: We are excited for this AMA guys! And we want to know more about you, could you give us a short introduction about you?

Charles | Phuture: [ 😉 Sticker ]

We are an experienced team with backgrounds from traditional venture and technology development.

Oliver and I have been in the crypto space since 2016 and have worked together for the past 5 years. Prior to Phuture, we were partners at SVK Crypto, a UK based Venture Firm backed by Block.One – we invested into early stage businesses utilising blockchain technology.

We have invested in an array of different industries from Adtech, to Gaming to VR. We co-invested alongside some great names, such as – Google Ventures, Kliener Perkins, Galaxy Digital, Polychain Capital and Alibaba to name a few.

We helped our portfolio companies integrate blockchain technology into their business. One point to note was that these businesses had traditional users who were not familiar with using blockchain tech. We worked very hard to integrate it in ways that were seamless and that didn’t change the UX. A lot of these lessons have found their way into the design of Phuture and why we feel that Phuture will be able to attract not just crypto native users, but also non-crypto natives looking to make their first investment into crypto.

We have raised $1.5M in a recent seed round and we are proud to share that we are supported by some of the most forward-thinking investors in the Web 3 landscape, backed by Ascensive Assets, NGC Ventures, SevenX, Moonrock Capital, Origin Capital, Waterdrip Capital, and D64 Ventures.

Mary | Satoshi Club: And about PhutureDAO as well 😉

Charles | Phuture: At Phuture we are building the infrastructure for you to create, build and invest in crypto indices.

Once live, Phuture will introduce an open design philosophy for creating passive investment strategies. Designed from the ground up to be intuitive to both crypto and non-crypto native users, Phuture provides the tools to create new indices or invest into existing ones created by the community.

The Phuture protocol introduces its unique, scalable, aggregated index architecture that allows it to rebalance across multiple indices simultaneously. Its smart rebalancing engine dynamically ascertains the optimal rebalancing triggers, minimising value lost through swaps and improving index performance.

Mihai Pisica: Man… awesome background! 😁😍

Mary | Satoshi Club: Why you choose indexes?

Mihai Pisica: And btw, speaking about the team, how big is it? How about core members and other ones?

Oliver Mehr: Index investing is a cornerstone of traditional asset management and the top index providers have accumulated trillion-dollar AUMs. It is estimated that nearly 50% of the value in the U.S. stock market is held by index funds.

With crypto markets developing it is highly probable that asset and strategy allocation will begin to converge with traditional finance. Phuture’s index platform stands to benefit from this influx of capital.

As the token economy expands and becomes more diverse, participants will want products that can provide them with diversified exposure to these different sectors.

Sector specific indices will become the schelling point for benchmarking performance.

Mary | Satoshi Club: Will PhutureDAO be only about indexes?😀

Oliver Mehr: Yes Phuture is solely focused on passive investment strategies.

Charles | Phuture: 5 core team members, our recent seed round was to raise funds to bring on more developers!

Mary | Satoshi Club: Yes, such successful seed round gives you a lot of opportunities for future development 👍

Congratulations, guys!

Charles | Phuture: Exactly! We have been working on Phuture for the last 12-14 months. It’s great to start to build out the Phuture team with additional talent 🙂

Mary | Satoshi Club: Btw, me and my friends currently looking for such opportunities as passive income, so we are really happy that we have a chance to ask you about all details!

Mihai Pisica: Guys, we have some questions from the community, would you want to proceed to them?

Oliver Mehr: We are glad to get into the details

Absolutely

Mary | Satoshi Club: Let’s go 🚀

Q1 from Telegram user @costurera3000

A few days ago it was announced that the Phuture IDO is open. Can you mention what are your expectations about this IDO? What is the minimum purchase? And, are there limitations for users from some countries who cannot participate?

Mary | Satoshi Club: Wow, promising IDO😀

Oliver Mehr: Our expectations for this IDO is to raise $250k. The capital raise is merely symbolic as it will be ploughed back into providing liquidity for the token. Ultimately, the IDO represents our opportunity to begin broadening the distribution of PHTR. There is no min purchase, but we are currently deciding upon max allocation. We will have a concrete answer once whitelist closes on Friday at 5pm UTC.

The countries we are not accepting into the IDO are:

Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, USA, Venezuela, Yemen and Zimbabwe.

Mary | Satoshi Club: Where and when your IDO will take place?

Also, can you give us a link where we can apply to Whitelist?🙏

Oliver Mehr: Absolutely let me drop two things below

first medium post explaining everything:

https://phuture-finance.medium.com/phuture-whitelist-is-now-live-3208cdd2fe00

Second, direct link to form:

Mary | Satoshi Club: Polkastarter 👏

Oliver Mehr: https://docs.google.com/forms/d/e/1FAIpQLSfJUG9rkc-yFOg03CxiD4hmwIA0Y8rlv6o5qy2aaDn3OJvVsA/viewform

Mary | Satoshi Club: Thank you,  we still have chances can try our luck😉

Oliver Mehr: Yes whitelist closes at 5pm UTC Friday.

Mary | Satoshi Club: And of course we wish you successful IDO🥳

Mihai Pisica: I’m totally unlucky at whitelisting 😂

Oliver Mehr: thank you!

Mary | Satoshi Club: Me as well 😂

Oliver Mehr: haha

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

Charles | Phuture: Sounds good

Oliver Mehr: Ready

Q2 from Telegram user @michelth

The Phuture protocol features a unique, scalable aggregated index architecture that allows you to rebalance multiple indexes simultaneously.  Its intelligent rebalancing engine dynamically determines optimal rebalancing triggers, minimizing value lost through trades and improving index performance.  As we well know, once Phuture goes live, Phuture will introduce an open design philosophy to create passive investment strategies.  Designed from the ground up to be intuitive for both native crypto and non-crypto users.  In case, does Phuture provide the tools to create new indexes?  For what purpose is Index Creator used?

Charles | Phuture: The index creator tool is the gateway into creating new indices on Phuture. It segregates assets into sectors to make it easier to choose assets. It provides different weighting methodology such as fixed weights and market cap weighting. This allows your indices to be weighted based on dynamic datasets, ensuring the weights of your assets evolve over time. Lastly, the creator tool allows you to create indices that track a given sector. Therefore, a user can create an index that tracks the top X assets within a sector.

Oliver Mehr: We think that this will be the most powerful tool for creating automated indices. In less than four screens a user can create an index that actively tracks a sector without requiring any additional input from the user.

Mary | Satoshi Club: can you give us an example😉

Oliver Mehr: Of course, so if a user selects the decentralised exchange sector, they may not know which assets to choose

We solve this issue by allowing them to track a top ranking of assets

So we can say do you want to buy the top 3 tokens in this sector.

Once they select this type of index it will always represent the top 3

Mary | Satoshi Club: Only top? If someone likes risk😂?

Oliver Mehr: so two years from now when they redeem their index. They will receive the tokens that are the top 3 at that time. We make all the adjustments in the back end.

Mihai Pisica: How much percentages from the profit does a index creator gain?

Oliver Mehr: For now, we do top 3, top 5, top 10.

Charles | Phuture: None.

Oliver Mehr: Since the indices are so easy to create and there is no active management on the creators part. We did not feel that a reward was necessary.

We have the ability to distribute fees earned from the indices to other parties excluding our fee contract. Although, this is primarly for partnerships we engage with.

We are excited to bring some branded index products.

Mihai Pisica: Got you, everything clear to me )

Mary | Satoshi Club: Which DEXs will you support?

Also top?😀

Oliver Mehr: We will support all major dex’s on Ethereum. We use 0x API to allow us to tap into all the major exchages on Ethereum. 0x also enables us to get the best exchange rate for our users.

What this means is that from day 1 users will have access to a wide variety of assets to include in their index.

Mary | Satoshi Club: Awesome!

Oliver Mehr: In addition, 0x is extensible to other chains we will be launching on including BSC and Solana.

Mary | Satoshi Club: Oh, that’s nice! 👏

Will you use L2 for Ethereum chain, as fees are a pain for everyone now?

Mihai Pisica: Waiting for that guys, it is really a cool staff you are presenting here )

Oliver Mehr: We plan to roll out the Phuture ecosystem onto L2 but there a few considerations to take into account. First, we leverage external liqudiity and thus we need to join an L2 that will have incumbent exchanges with good volume and liquidity. Second, we want to make sure we commit to an L2 that is attracting the lions share of users.

So we will wait to see which L2 gets the most traction and deploy there

Many people are excited about Arbitrum and Optimism. These are both based on fraud proofs

we are also excited about ZK Sync and using validity proofs for much shorter withdrawal times.

But reducing user fees is a priority for us.

Mary | Satoshi Club: Polygon is also gain a lot of attention now, as i know😀 but let’s see! You doing great, guys! Can’t wait to see how everything will work!

Oliver Mehr: Indeed!

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?

Oliver Mehr: Yep

Q3 from Telegram user @mctrho

Let’s talk about the security and trust that users can give to PhutureDAO, according to the project documents PhutureDAO adopts different protocols that provide different functionalities to the ecosystem, such as the Optimized Rebalancing protocol, Rebalancing Surfaces, Rebalancing Bands, and more. But are all these protocols backed by smart contracts? Are they vulnerable to bugs or hacker attacks? Can users safely place their trust in PhutureDAO protocols?

Oliver Mehr: Okay lets get into it.

Firstly, all contracts will be audited by Quanstamp, we believe they are the best audit firm in the industry with an excellent track record of working with major projects.

In addition, Richard Ma the CEO of Quanstamp is an investor.

So when we go live on mainnet we will be fully audited.

We can group rebalancing bands and rebalancing surfaces into a category called rebalancing engine.

Mary | Satoshi Club: Ahaha, he is interested 😂

Mihai Pisica: Do you plan more audits from 3rd parties? Or you will get limited just at the Quanstamp?

Oliver Mehr: The rebalancing engine cannot be run on-chain (we tried to) but the approximations you must do onchain for the computation to be feasible meant that the errors we were getting were too great

Mary | Satoshi Club: Btw, did you already tested your platform?

Oliver Mehr: So that code will also be audited but it is run by our validator nodes off-chain.

We will just do the one with Quanstamp.

test net is not yet live

we expect it end of JUne

Anyone can be a validator, they must stake PHTR to do so.

and they will be rewarded for executing core protocol functions

Mary | Satoshi Club: Everyone will be able to test? Also, do you plan any bug bounties?

Oliver Mehr: yes we will open testnet up to the public.

Bug bounty will be in place. It is TBC on the amount at the moment.

Mary | Satoshi Club: Super!

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

Mihai Pisica: More than clear )

Oliver Mehr: Yes

Q4 from telegram user @Highpee

Your token distribution is unique by design. Out of the total supply of 100,000,000 $PHTR that you will have, the team (both present and future) will be controlling 28% while investors will be given 19%. Why did you allocate 5% of your tokens for future team members that are yet to be employed and what will happen to these tokens if these individuals were not employed or if the numbers eventually employed cannot take up the whole 5% of tokens reserved for them? Why is the team controlling almost one-third of the entire token and how are these tokens meant to be released or distributed among the team? And for the 25% allocated to ecosystem, what activities are these meant for and how will their distribution be governed?

Oliver Mehr: We believe it will be important to attract and retain the best talent in order for Phuture to grow into the largest onchain index platform. Thus, we decided it would be prudent to set aside 5% to make sure we could entice the best people

Mary | Satoshi Club: Will you lock team tokens?😀

Oliver Mehr: The 5% is owned by Phuture Labs and thus we would have the ability to control how it is spent.

It worth noting that the DAO will hold just under 53mm tokens

this is controlled by the community and we expect it to be used for growth and retetion programs.

Decided in unison with the community

The team is locked up for 27 months

3 months cliff

24 month vesting

Mary | Satoshi Club: Seed round tokens also locked?😀

Oliver Mehr: The DAO tokens which are made up of ecosystem and liquidity tokens are vested over 5 years

Mary | Satoshi Club: Btw, can you share your tokenomics with us?

Oliver Mehr: The seed tokens are vesting over 2 years

with 10% distributed at TGE

Mihai Pisica: What is the reason of vesting for so long time?

Oliver Mehr: The current team tokens amounts to 20% which we feel is commensurate to the value we plan to put into Phuture over the next 10-20 years

In terms of how the token will be used?

We did not want to have all the tokens available at once. To ensure that we can spread the incentives over a longer period of time. If all tokens are available there is a concern that a large part of them will be used early on and we will not leave enough to stimulate growth in the latter years

Mary | Satoshi Club: Yes

Mihai Pisica: Make sense, a logical point of view ) Good explanation for the newbies from our community )

Oliver Mehr: Token can be used in the following ways ( this is from a medium post being released soon):

Staking

Staking

PHTR can be staked into the protocol. When PHTR is staked the user receives enhanced PHTR (ePHTR). ePHTR gives the holder access to governance capabilities. In addition, ePHTR is continuously earning and compounding PHTR denominated rewards. An ePHTR holder can redeem their accrued rewards by unstaking.

Initially, rewards distributed to the staking contract will stem from the treasury but over time they will be replaced/augmented by the fees generated on the platform. Fees generated on Phuture are used to buy back PHTR on the open market and redistributed into new and/or existing operating/growth/retention initiatives.

Staking naturally dilutes non-participatory token holders relative to staked holders over time. This results in more influence being held by the active and engaged portion of the Phuture community.

Oliver Mehr: Governance

ePHTR is the medium through which governance is enforced. Holders can propose changes to the platform and vote on existing proposals.

Index Incentives

PHTR is distributed to holders of whitelisted indices. Indices can be whitelisted via the governance process.

Validators

Validators are required to bond PHTR in order to become eligible for executing core platform functions. In addition, on non-ethereum chains PHTR is used to reward validators for the work they perform. During the initial phases of a new chain deployment, PHTR from the treasury will be used to reward validators. This is due to the fact that index fees will be insufficient to cover these operating costs. However, as the deployment matures, fees will replace treasury funded rewards.

Phuture generates fees is three ways :

AUM Fee

Yield Fee

Redemption Fee

Oliver Mehr: the yield and AUM fee are used to buy back PHTR and redistribute to our ongoing intiatives whether that is staking or operating activities etc.

Mary | Satoshi Club: A lot of usecases!

Oliver Mehr: This put an ongoing buy pressure on the price and users who stake can receieve a portion of protocol fees over time.

Mary | Satoshi Club: Your members will have a lot of incentives!

Oliver Mehr: When an index is redeemed 1% of the index value is required to be burnt

This offsets the emission from other incentives

it is important to note that our max supply is 100mm but we have built in a feature to turn on perpetual inflation of up to 3% per year. This is off by default but can be voted in by governance.

Mary | Satoshi Club: Thank you for your detailed answers! i see PhutureDAO as a good source of passive income!

Oliver Mehr: It really depends on the maturity of the Phuture ecosystem. If we are generating enough fees to cover incentives and validator costs, we will likely not need perpetual inflation. Otherwise we may need it.

Mary | Satoshi Club: You leave a space for choice for the future 😉

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

Oliver Mehr: Yes

Q5 from telegram user @NataliyaKil

Phuture uses keepers to ensure the proper operation of the platform. Keepers execute three core protocol functions: Rebalancing, Recapitalization and Reweighting. Can you tell us who the custodians are and their functions, and what is the significance of the functions they perform for the platform? Is there some kind of reward for the keeper?

Oliver Mehr: So anyone can become a validator. Of course, when we launch Phuture will have its own validator but over time we expect third parties to join as well.

You must bond PHTR become a validator

Reweighting == Indices that are based on dynamic data like market cap need to be updated. Validators update these market cap indices on the platform making sure they have the correct claim over the protocols assets.

Mary | Satoshi Club: What does it mean ‘bond PHTR’?

Oliver Mehr: Rebalancing == Phuture rebalances multiple indices at once, that is how we are able to massively scale. Unfortunately, this computation is too complex for on chain use. So validators run these computations off chain to decipher which asset is the best to rebalance and what quantity. This info is then fed into the 0x order router and the rebalance is made.

We can check validators are not sending the wrong info by asking each of them to send us the order they think should be used and comapring the results.

The honest majority will win and it can be double checked against our own validator node, which will always be correct.

Essentially, stake PHTR which can be slashed in the event that a validator misbehaves

Mary | Satoshi Club: Gotcha!

Oliver Mehr: On ethereum validators are rewarded through keep3r network

on non eth chains they are rewarded through PHTR

initially the PHTR will come from the treasury but once fees are sufficient to cover costs we will use the fees from the platform.

making the ecosystem self sufficient

Mary | Satoshi Club: Nice system!

Mihai Pisica: Tbh, I’m in love with it! 😁

Oliver Mehr: Recapitalisation involves moving assets from yield optimisers to Phuture and back

Since we do not keep assets idle

we lend them out or stake them in yield optimisers

but we must always maintain enough assets on Phuture

and validators ensure that is the case

Mary | Satoshi Club: And everything works automatically, right?

I mean there won’t be any human factors involved?

Oliver Mehr: So all actions are incentivised to happen automatically.

Of course, we rely on other actors to do these actions

but much like other defi platforms there are incentives in place to ensure proper operation]

when you look at liquidators on lending projects. They are simply incentivised to do their job.

Mary | Satoshi Club: Everything is clear for me! Thank you for your answers!

Q6 from telegram user @Josewen

Phuture brings more logic to the rebalancing process through two initiatives;  rebalance belts and rebalance surfaces.  In unison, these two concepts minimize value leakage through the rebalancing process.  Why are there so many changes in Phuture just days before the private sale?  Why have they reduced the name, I understand that they were previously DAO, have they already disabled this function?  What does the rebrand symbolize?  Ultimately, have you decided to make these changes because of low initial liquidity levels?

Charles | Phuture: PhutureDAO was the first name we went with, after time we decided Phuture has a cleaner ring to it and would be an easier name for non-crypto individuals to understand/remember.

Oliver Mehr: We have spent a lot of time working through different design approaches. Initially when we started Phuture we were planning on integrating an AMM into the heart of the platform. However, after a lot of consideration we did not believe that this would provide Phuture with the right edge over its competitors. Therefore, we chose to pivot our design to provide us with a tangible benefit over our competitors and offer our users a unique index experience.

Mary | Satoshi Club: I think your decision makes sense!

Thank you for your answers! We got a lot if info about PhutureDAO, but… We want more 😂

That’s why we have second live part👍

Mary | Satoshi Club: Are you ready for it?

Part 2 — live questions from the Telegram community

Q1 from telegram username @Korryl

I read from your site Phuture want to launch Governance live when your platform fully goes live on July 2021.People can create and vote on Proposal. Can you explain more how does Governance work inside Phuture project? How user can participate to vote?

Charles | Phuture: We intend to launch with governance live. This means that once our platform goes live fully in July, users can create and vote on proposals. In order to vote, PHTR must be staked. Users who stake receive ePHTR or ‘enhanced PHTR’. This provides voting rights and users receive a yield for staking. This yield will come from the treasury in the beginning but as more fees are generated on the platform these fees will be sent to the staking contract. In order to redeem a Phuture Index you must burn 1% of the index value in PHTR. This is a tax on arb traders. Why? Because most users will not redeem indices, they will  just sell them on uniswap. But arb traders will buy from uniswap for less than NAV and redeem on Phuture platform for NAV. Therefore, this 1% burn redistributes some of the arb traders profits to the PHTR token holders.

PHTR token holders benefit from three fees.

AUM fee

Yield fee

Redemption fee

All fees go back to treasury, controlled by token holders.

Q2  from telegram username @Anjan336

how to join #PhutureDAO Whitelist to participate in Public Sale?

Charles | Phuture: https://twitter.com/Phuturedao/status/1396769043235938304

Q3 from telegram username @h1drX

I would like to talk a bit about the limitations of Phuture, according to the information on your website, any user can create their index with both cryptographic assets and tokens linked to NFTs or shares as long as it belongs to the Ethereum network.  But do you plan in the future to implement a multi-chain protocol that allows users to create indexes with tokens belonging to other chains?

Oliver Mehr: Phuture will support any erc-20 token that is whitelisted by the community. So tokenised shares that are erc-20 will be supported. NFT’s will not be supported at launch. Namely, because reliable pricing data is hard to get. We plan to launch instances of Phuture on parallel chains to begin with. Each chain will only support the assets of that chain. Our next iteration, will see cross chain indices become a reality by allowing assets to cross over from different chains.

Q4 from telegram username @vedamatrix

Why did you choose polkastarter for your IDO? Why not other launchpads?

Charles | Phuture: Our target market at launch is crypto natives, hence why we are doing an IDO on Polkastarter. It’s not to raise capital but a growth strategy to help promote Phuture and it’s ecosystem.

We see a huge opportunity for Phuture to expand outside of the crypto community, to the wider population. The platform has been designed in an intuitive and simplistic way to allow non-crypto natives to engage in the protocol!

Q5 from telegram username @Kabirkapoor9

Hello @OliverMehr @Charles

Please share your roadmap for 2021? Any specific event you wanna mention?

Charles | Phuture: Q2:

$PHTR token launch

Staking for $PHTR will be live

Testnet

Mainnet

Q3:

Snapshot voting

Expand yield optimisation strategies

Expand dynamic datasets

Q4:

Development of cross-chain indices

L2 deployment

Meta governance support

Q6 from telegram username @ysasoma

I read that Phuture’s design achieves scalability by allowing a single exchange to rebalance multiple indexes simultaneously, but how do you guarantee that the results returned by the calculation by this smart index architecture are reliable, have you done any internal and/or external testing to corroborate that this is error free and that there is no way it will harm the project or the investors?

Oliver Mehr: We are extensively testing this algorithm to ensure that it is robust in all eventualities. We tested our rebalancing logic onchain and came to the conclusion that the error was too large. Our offchain simmulations show an error of less than 1%. This will be further tested both by us and auditors before launch.

Q7 from telegram username @Shaa93

Does Phuture have a competitor? If yes, what are the killer features of Phuture to the competitors?

 Charles | Phuture: Phuture has designed its platform in a unqiue way to our competitors. I define these comps as Index Coop, Powerpool, PieDAO  and Indexed. The latter three are all based on balancer smart pools. One thing that those projects have realised is balancer smart pools are in flexible due to being an AMM.

Here are some examples: When you create new balancer smart pool it doesnt have any liquidity, so users cant do one sided deposits because slippage is too high. Therefore, users must bring every asset in the index in order to mint. This is a poor user experience, most people dont own all the assets of an index, that is the reason they are buying. Phuture solves this by tapping into external liquidity, this means that regardless of the size of your index, your execution costs will be roughly the same. Whereas on balancer the depth of the pool heavily dictates how much price impact you experience. This might be fine if you only have a few indices which are all quite deep but on Phuture we are letting anyone create indices which means we will have indices that are not that popular. Regardless, if someone wants to invest in a less popular index it should be the same experience.

The other problem that smart pools have are related to optimisation. In order to push assets to yield optimisers you must remove assets from the AMM, this negatively affects the price impact when minting. If you smart pool is only small you cannot afford to push any assets to yield optimisers. Therefore, these smaller indices dont get additional yield. On Phuture, we aggregate all indices into pools of the same asset. Then we push assets from that pool to yield optimisers. The yield that we get is then shared across all indices that hold that asset proportional tol their size. This means even small indices benefit from yield optimisation.

Obviously, when compared to Index coop, they dont let you create your own index without governance permission. Phuture does. Also their rebalancing auction requires quite a lot of coordination, so they only rebalance monthly/quarterly. If you rebalance quarterly your index assets will be far out of balance, especially because crypto moves so much. Also auction arent robust in network congestion and index investors end up giving too much value away to keepers. Lastly, set rebalances each index individually, whereas Phuture rebalances many indices at the same time. This means the cost to rebalance on Phuture is spread over many indices, reducing the individual cost. Phuture can rebalaance more frequently than once a quarter or once a month if it needs to.

Phuture doesnt rebalance all the time like a balancer smart pool, it only rebalances when our engine decides it is a good time to do that. We use bollinger bands to help us make this decision. By rebalancing at better times we can significantly improve index returns as well.”

Q8 from telegram username @costurera3000

— How often does index rebalance occur in Phuture? During this process, are there commissions for users? Can users manually interfere in the rebalancing process or is everything done automatically through the smart contract?

Oliver Mehr: Users cannot manually interfere with the rebalancing process only bonded validators can rebalance the platform and ONLY based on the rules set out when the index is initially created. Validators receive rewards for performing these critical functions. Rebalancing occurs dynamically, this means that we only rebalance when it is needed rather than at set intervals. When you look at balancer they rebalance everytime there is an arbitrage opportunity. This means that you are not maximising volatility harvesting. Phuture aims to use more logic in the rebalancing process to ensure we rebalance at better times. By rebalancing at better times we can significantly improve index returns.

Q9 from telegram username @himffz

Q)Which one of these aspects important for you?

1-Increasing Token Price&Value 2-Empowering Platform Development

3-Building Community Trust 4-Expanding Partnership Globally In what order?

Oliver Mehr: 3

2

4

1

Q10  from telegram username @atillayeni

What is the thought behind you to choose your tokens with ethereum blockchain and not for others like bsc or sol?

Charles | Phuture: Phuture’s vision is to become the defacto index platform across all chains. We plan on first rolling out parrallel instances of Phuture on other chains like Solana and BSC. Then we will connect them together to allow for cross chain indices.

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.

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