AMA Satoshi Club x Bistroo, July 7th

We are pleased to announce our next AMA on July 7th 2021 at 03:00 PM UTC Time: Satoshi Club x Bistroo

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

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

Part 3: 300$ – A quiz about Bistroo

For more details:
Bistroo Website – bistroo.io
Bistroo Telegram – @bistroo_comm
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Phuture, July 5th

We are pleased to announce our next AMA on July 5th 2021 at 03:00 PM UTC Time: Satoshi Club x Phuture

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

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

Part 3: 300$ – A quiz about Phuture

For more details:
Phuture Website – phuture.finance
Phuture Telegram – @phuture_group
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Lolz Finance x Satoshi Club AMA Recap from 29th of June

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 Lolz Finance and our guests were @LoLzFinanceCaptain @Lolzie @lolzfinancedevji. The AMA took place on 29 June.

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

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

Part 1 — introduction and questions from the Telegram community

Gold Rocket | Satoshi Club: Hello again, dear community! ❤️ We are pleased to announce AMA with Lolz Finance.

Today our guests are @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

LoLzFinanceDevji: Hello guys!

Andrés M. | Satoshi Club: We are glad to have great personalities with us today😃

Lil Lolzie: Yo yo yo

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

Lil Lolzie: We are having the $Lolz of our life

LoLzFinanceDevji: Super excited to be hosted with your great community

Lil Lolzie: thanks for having us

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: LETS MAKE SATOSHI PROUD AGAIN is our MOTTO

Andrés M. | Satoshi Club: Is a pleasure for us!

LoLz Finance CAPTAIN: Boom 💥

Gold Rocket | Satoshi Club: Thanks for joining guys!

Andrés M. | Satoshi Club: Let’s do it🥳. To begin with the AMA please introduce yourself, who are you and what is your role into the project?

LoLzFinanceDevji: Hello everyone thanks for hosting us here today! I will introduce myself: My name is LoLzDevji, i have been around since 2012 when i bought my first BTC, since then i have contributed and been involved in many top projects within the ecosystem (wish i could tell you which are they:D)A little bit on our team, we are super skilled group of devs and of course satoshi loyalist 🏆, it’s time to for LOLZ to take over the Crypto world! 💪🔥💥

Lil Lolzie: I am Lil Lolzie and I am the real Lolzie, all the other Lolzie are just being Ballzie, so will the real Lolzie Please Stand UP, Please Stand UP

Andrés M. | Satoshi Club: How many members are part of lolz project?

LoLzFinanceDevji: 5 core members of our team and so many more contributors😎💥😎

Lil Lolzie: many contributors

Andrés M. | Satoshi Club: What is the essence of Lolz finance?

Lil Lolzie: Make Satoshi Proud Again

LoLzFinanceDevji: Absolutely let me give you in a nutshell an explanation what we want to accomplish for LOLZ. Lately we are seeing so many bullshit projects with most of the narratives which are overly abused out there, they provide simple nonsense. So we as a team took a decision that NOW is the time to change all the happenings in the market, specially once we saw that most of the VC’s and influencers joining projects are just dumping their tokens within seconds of the IDO. Our mission is to prevent all of this wrongdoing to happen in our project, no more VC NO more bulshit influencers etc. We are here for a simple reason, LOLZ and all of this will be driven by and for the community. And on top of that it’s all about giving our LOLZ community to have all the power and the rights to control everything, DAO baby! 💵💰

Lil Lolzie: we believe that there are too many bullshit people making bullshit projects, who get support from too many bullshit VCs and are supported by Bullshit influencers

we are here to change the game, and bring it back to the core

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 Lolz Finance?

Lil Lolzie: currently, we are in Chapter Genesis

and we have 4 more chapters on the way

eventually we will be delivering some high quality tech, which the community decides that they need, because they need it. And not because they heard on some bullshit youtube video shill channel

Gold Rocket | Satoshi Club: What event influenced the project the most?

LoLzFinanceDevji: In our roadmap which we are starting from Genesis you can see in our website (https://lolz.finance ) that once we reach the milestone of $10M we will reveal our launchpad, meaning that projects that want to on board with us, the community will have the rights and the power to chose which ones will get the green light, super cool 🔥🚀

Lil Lolzie: GROW BALLS BUY $LOLZ

Gold Rocket | Satoshi Club: Thanks for the introduction, we will have a question selected for the Part 1. ready to start? Or you want to add something?

Lil Lolzie: We were born ready

LoLzFinanceDevji: Go ahead LFG

Q1 from Telegram User @luk4jah

In your Lolzmap,something caught my attention-your Codenames.Genesis Chapter 1 and Exodus Chapter 2.Genesis in the bible means beginning or origin and Exodus means mass departure of people.My question is-Are you planning on doing something biblical?Can we have the sneak peak of Lolzmap,how many chapters or codename will Lolzmap have?I really would want to know.Thanks

Lil Lolzie: great question

We are planning to do something Biblical, and the the project will grow so will the tone, and maturity level of the project. Our goal is to bring the crypto back to Genesis, where the people decide the utility and not some third party interests who are looking at this as a cash grab.

In Exodus we will be Launching DAO, and DEX

In Leviticus there will be more projects all the way through Deuteronomy, where the goal will be to have a brand new Layer 1

Gold Rocket | Satoshi Club: You have good intentions😉

Lil Lolzie: we do

Andrés M. | Satoshi Club: So will be there an apocalypse chapter?😅

Lil Lolzie: and we are taking the non traditional route, instead of raising money from VC etc… we are starting the opposite way. A fair launch and project matures slowly

Second Coming

Lil Lolzie: LOLZ

How Funny would that be, that the Ethereum Killer will start as a joke

Andrés M. | Satoshi Club: Haha great job. Btw I would like to ask, are your team anonymous?

Lil Lolzie: yes we are

LoLzFinanceDevji: For now we are anon, but eventually we will reveal ourselves 🤫

Lil Lolzie: many of us are quite well known in the space

and Mister X, is a legend in this space

in due time we all will reveal ourselves

Andrés M. | Satoshi Club: In the future will you release your hidden identities? I mean to increase user’s trust

Gold Rocket | Satoshi Club: besides, you are also very funny guys 😁

LoLzFinanceDevji: Lolz

Lil Lolzie: of course. Once we get enough traction and the marketcap will prove the point we will all reveal our identities

Andrés M. | Satoshi Club: That’s great, thanks for the answers guys😃

Well, would you like to add something before the next question?

Lil Lolzie: MAKE SATOSHI PROUD AGAIN

GROW BALLS BUY $LOLZ

Q2 from Telegram User @Rakshitx5

You have mentioned on your website that the team doesn’t hold any tokens and it has been launched so even in the future team will not hold any tokens? Also, there is no mention of the burning of tokens except while transactions so do you intend to burn the tokens in the future because burning the tokens increases the price and it catches the eyes of investors.

LoLzFinanceDevji: We burned them all

https://bscscan.com/tx/0xbf4d0b8557635ebaf84974e023974b6569fb4680af3e7bb9bea3582b3fe33d67

The team bought tokens together with everyone else, the same exact way that anyone can

Pancake Swap

LoLzFinanceDevji: GROW BALLS BUY $LOLZ

Gold Rocket | Satoshi Club: Why did you do that👀

Lil Lolzie: as i had mentioned, our goal is to take the opposite approach of how most people enter the space. Most of them, raise money from VC, in seed round, private round, strategic round, bullshit round, and public rounds. Team have a lot of tokens, and raise money to finance their salaries, cars and buy houses, no wander why they dump tokens when they can. We did the opposite route, we launched a fair launch, so everyone we are building the best community in the space, and will slowly deliver products which our community needs.

we are all hungry, and ambitious and don’t owe anything to anyone but  to our community

Q3 from Telegram User @andrey_seleznov

Hi Lolz!

Please share more details about the LoLzNomics with us! The structure of your tokenomics is quite unusual, 100% of the tokens is dedicated to the community and liquidity. How exactly do you distribute the tokens to the community, have you run any airdrops or liquidity mining programs? Or is the only way to obtain $LOLZ tokens is by purchasing them on pancake swap? Thank you!

Lil Lolzie: we had an ILO yesterday

and all the funds raised went to liquidity on Pancake

thats the total supply of tokens

LoLzFinanceDevji: LoLz Finance ecosytem is powered by lolztoken, the role offers many use cases. If you hold the token, the fee from the DEX will go directly to token holders. We will have a tax formation, a structure of 10% redistributed to holders 4% to Liquidity 4% to marketing (which will push the project as much as possible with PR and partnerships, collaborations etc…)

ILO was sold within 3 second 💥

Lil Lolzie: I could not get in myself

LOL

LoLzFinanceDevji: 🔥🚀  LOLZFINANCE 🚀🔥

🚀 Don’t miss this rocket 🚀

✔️ Launched 24 hours ago

✅ 1100 holders

✅ 500k mcap

✅ 3400 tg

✅ 3400tw

✅ Listed on Pancakeswap from first 1 hour

🔥 BURNED TOKENS PROOF

✅ LIQUIDITY LOCKED BY DXSALE FOR 1 YEARS

📡Community: 100% community

0xBe24E81490eA58df166E70BdD42bF3035732E100

Gold Rocket | Satoshi Club: Amazing🔥

Andrés M. | Satoshi Club: What made you guys have 0% dev wallets? Where will you be funding this project from then? Your own pockets? There will be a point where that would be exhausted. So how will you be raising more funds to continue the expansion of this project?

Several of our members was interested on this topics

LoLzFinanceDevji: All of the funds that was invested was from our own pockets. Every sell transaction will be taxed by 18%, token holders get 10% , 4% liquidity, 4 % marketing. So in terms of that is according to plan 😎

Gold Rocket | Satoshi Club: Thanks for answers

Ready for the next question😉

LoLzFinanceDevji: Sure

Andrés M. | Satoshi Club: Applauds to you guys, you have done a great effort👏

LoLzFinanceDevji: Thank you we appreciate your support

Q4 from Telegram User @Asela1112

In your Roadmap chapter 02, LOLZ NFT marketplace will be launch for the LoLz community. Nowadays every platforms belong own their NFT marketplaces. What is the reason for launching this NFT marketplace by LoLz Finance self? Can you tell us about Cry LOLZ collection & RareDrop? What will be the minting process of these NFTs? Will there be real world benifits of LOLZ NFTs? Most of platforms are promising about creating the bull market to NFT artists. What kind of services do you integrate for the NFT artists to be incentivized? Will there be NFTs content galleries? And also NFT collateralized loans are popular in crypto market recently. Will LoLz Finance involve with NFTs Collateralization in future?

LoLzFinanceDevji: That’s a great question let me answer that

The nft market it is a process it’s not a product that we will launch in one day. We are gonna start with our original collection and incentivize creators to come and create their art on our platform with original NFTs that incentivize the creators. In addition we will partner with marketing agencies that will attract users to the platform in order to bring adoption from creators and artists.

But we first we need to get to that certain MC to release it 😎💥

Andrés M. | Satoshi Club: What is your current MC and max supply?

LoLzFinanceDevji: MC is approx 400k and supply is a bit less then 700T, we mention that all the tokens belong to the community, team has 0 tokens.

Andrés M. | Satoshi Club: And how to buy your tokens? It looks like a gem for me 😁

LoLzFinanceDevji: GROW BALLS BUY $LOLZ

On Pancakeswap you can buy as much as you want 🔥😎

https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xBe24E81490eA58df166E70BdD42bF3035732E100

Andrés M. | Satoshi Club: Thank you, btw could you share us your whole roadmap? What else is coming for the second half of 2021?

LoLzFinanceDevji: We have revealed yesterday the chapter of exodus, there will be another 3 chapters that will be revealed, STAY TUNED 🤫💥

Andrés M. | Satoshi Club: We will😁

LoLzFinanceDevji: Leviticus, numbers and Deuteronomy will be epic 🤛‼️

Andrés M. | Satoshi Club: Well, time to proceed with the 5th question, ready to proceed?

LoLzFinanceDevji: Sure go ahead

Q5 from Telegram User @victorogb

  Lolz Finance is entirely basing the security of it’s project on the fully locked liquidity of $LOLZ, which amounts to about 100% of the total supply. Also, 4% of transaction fees are added to liquidity coupled with a deflationary burn feature. Even as these measures help to build user confidence in a project, investors would also like to see some form of verifiable evidence. Therefore, has the Lolz Finance Smart contract been audited, if yes can you kindly share the details, asides audit what other security measures are implemented, and with a locked liquidity and limited access to funds, how will Lolz Finance cater for contingencies such as marketing and promotions?

LoLzFinanceDevji: 3 of $LOLZ Cornerstones are:

1. Decentralization

2. Security

3. Scalability

You have asked for it

We must deliver 👊🏼

Final Security Assessment Report

✅ Audit completed by

One of the top audit firms in the world.

The first audit but not the last 💪🏻✅

We are not playing games!

Gold Rocket | Satoshi Club: I like your approach to security

Safety first👍

LoLzFinanceDevji: We have been audited, and will have other audits as well. In terms of marketing the 4% goes directly to the marketing wallet, meaning we will have marketing agencies that will bring lolz as viral as possible everywhere!

For the community‼️

Andrés M. | Satoshi Club: That’s great, but could you mention us your current partnerships? Who is part of this big project?

LoLzFinanceDevji: We are not partnering with anyone, we are part of the community and this all about LOLZ. I’m gonna do a HUGE announcement right now which we haven’t yet, ARE YOU READY FOR THIS?

Andrés M. | Satoshi Club: @GoldRocket27 are we?😁 I am

LoLzFinanceDevji: READY?

Gold Rocket | Satoshi Club: Yep 😁

LoLzFinanceDevji: As you guys know we are anonymous right now, one of our dev in our team is an ex dev of a HUGE PROJECT, PLEASE DONT ASK US WHICH ONE 🤫🤫🤫

It will be revealed soon…

Andrés M. | Satoshi Club: Thanks for choose our community for this big sneak peek😁

LoLzFinanceDevji: You guys have a great community

Gold Rocket | Satoshi Club: For sure❤️

Andrés M. | Satoshi Club: Thanks for the kind words, that’s why we try to bring the best projects here 😃

LoLzFinanceDevji: And we appreciate to be hosted by you guys 💪💥

Andrés M. | Satoshi Club: Well, do you have another big easter egg for us or do you want to go with the final question of this part of the AMA?😁

LoLzFinanceDevji: Stay tuned we will have so many surprises coming soon… 🙄🤫

Andrés M. | Satoshi Club: Waiting for it😁🥳

Q6 from Telegram User @antoni_azx

LOLZ will have a space for charity and donations but isn’t clear to me from where will these donations come since your 18% in taxes will be for holders, liquidity and marketing, nowhere says something about donations, can you clarify on this point and what campaigns are you willing to support? or will it be entirely decision of your community?

LoLzFinanceDevji: We will soon declare our donation address, we hope that the community will understand that charity is important and donate accordingly with the team. We will take part of the marketing to charity as well. The community will decide where all of it goes

Go ahead please

Part 2 — live questions from the Telegram community

Q1 from telegram username @Wong2008

How dumpers will be punished and what will happen to their tokens?

LoLzFinanceDevji: Every sell transaction will be taxed by 18% which 10% goes to token holders

Q2 from telegram username @bolopo_goyang

will $Lolz be open to the public to notify the analysis of the results of its projects? Or is it only open to investors and users? how do you attract the interest of many users?

LoLzFinanceDevji: Absolutely everything will be transparent to the community

Q3  from telegram username @Ratash97

When do you plan lolz launchpad and where are you considering doing it ?

LoLzFinanceDevji: Once we reach 10m, we will reveal all of the rest soon 😎💪

Q4  from telegram username @ethcypherpunk

Can you elaborate a little more on your intentions to include yourself in Polygon, and other thriving blockchains?

LoLzFinanceDevji: We will apply for grants once we reach 1M

Q5 from telegram username @BJosefina61

Since 0% marketing, how do you plan to keep the project alive in terms of visibility, listing on exchanges?

LoLzFinanceDevji: Every sell transaction 4% goes marketing which we have huge plans to bring Lolz everywhere around the world

Q6 from telegram username @subriya2002

What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year ?

LoLzFinanceDevji: We have huge huge plans in terms of marketing, once we go and reach our milestones we will have dex aggregator,

Nft market place, DAO, launchpad etc

Q 7 from telegram username @xperia3

Hi! 🤪

I see in your roadmap, as LoLz Finance, you have an intention of changing your Logo. Why? Is this certain or will you keep it as it is now if your community do not want you to change it? Do you have a plan to create a incentivized competition to decide your new Logo?

@LoLzFinanceCaptain @Lolzie @lolzfinancedevji

LoLzFinanceDevji: To bring more fun and refreshment to our community we will have a new logo once we reach 2M

Q8  from telegram username @Tahsinahmett

New projects appear every day. What do you think is the difference that will make Lolz Finans stand out in this crowd? What is your long term plan?

LoLzFinanceDevji: We are completely different from the other projects out there, 100% community driven and no vc’s involved, no bullshit just our community.

Q9 from telegram username @cryptoamee

Do you have any plan on listing some CEX and DEX in near future? PANCKASWAP is not enough to attract more investors in my opinion. What are the plans on this? @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: we will list on many exchanges, in Exodus first thing we will do is apply to Binance, Huobi, Okex and Coinbase, and we will continue applying until they will accept us there. CEX with all the problems they have are the still easiest and fastest way most crypto users transact, so it behooves us to let them be. Moreover, in the future we will be launching a credit card on ramp solution for Lolz

Q10  from telegram username @cryptoamee

Do you have any ambassador programme to make famous your project in non English countries? If yes how to apply for the ambassador?  @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: Sure Please DM

Part 3 – Quiz Results

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

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

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/LoLzFinance_Official        

Twitter: https://twitter.com/lolzfinance?s=21

Jetfuel x Satoshi Club AMA Recap from 29th of June

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 Jetfuel and our guest was @jetfuelmiro the CEO of Jetfuel. The AMA took place on 29 June.

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

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

Part 1 — introduction and questions from the Telegram community

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

Flight Commander Miro [Will Never DM First]: [ 🚀 Sticker ]

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

Flight Commander Miro [Will Never DM First]: @GoldRocket27 Thanks for having me! I’m happy to be here

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

We’re very excited about the upcoming AMA, and you? 😃

Flight Commander Miro [Will Never DM First]: Very much so 😁

Gold Rocket | Satoshi Club: Let’s start!

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

Tell us please about your position in Jetfuel?🚀

Andrés M. | Satoshi Club: @jetfuelmiro, is a pleasure to have you here!😃

Gold Rocket | Satoshi Club: [ ✈️ Sticker ]

Flight Commander Miro [Will Never DM First]: Sure! I’ve been involved in the crypto space since 2013 when I first discovered Bitcoin.

We started to develop Jetfuel after I was a victim of a terrible rug pull. The rug pull inspired us to build Jetfuel, an audited, all in 1 defi application where users can feel safe to invest their funds.

My position with Jetfuel is the CEO. I lead the development, marketing, and community out reach teams.

Gold Rocket | Satoshi Club: You have rich experience👍

What is the essence of Jetfuel?

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Jetfuel?

Flight Commander Miro [Will Never DM First]: Jetfuel is an all in 1 defi application.

We have yield optimizers to compound and grow your assets automatically at Jetfuel.Finance

A decentralized, over collateralized money market and lending protocol at Fortress.Loans. Users can earn interest on their crypto assets like BTCB, BNB, USDT, and also take out loans against their deposits and EARN money.

We also just launched our AMM (automated market maker) exchange Jetswap.Finance. You can earn the WINGS token by providing liquidity to the AMM and earn swap fees from the LP.

Our income token is JETS token which receives 5 income streams.

We also have our passive yield and automatic liquidity token GFCE.

We truly have everything you could want in a defi application under 1 roof.

Gold Rocket | Satoshi Club: This is a unique set of tools as far as I can see. You thought it well 👏👏👏

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

Flight Commander Miro [Will Never DM First]: We take our time to ensure all new products and features we launch are fully audited and secure. Jetfuel and the ecosystem has been running for nearly 7 months with 0 security or exploit incidents.

That is why our TVL is over $210 million across our entire ecosystem.

We have a number of plans to go cross chain and to develop some really great features for all of our products.

Some soon to be released items on the road map

-Polygon Jetswap

-Polygon Fortress

-Wings token Lottery

-BNB DICE gambling game

-Fixed rate loans at Fortress

-Boosted Autocompounding Vaults

and many many more

Andrés M. | Satoshi Club: I agree with you, a really all in one project😁

We are happy to know that everything is safe into your ecosystem

Flight Commander Miro [Will Never DM First]: There is currently about 20 people on the team between management, marketing, and community support.

Our development team has 8 developers working on Jetfuel, Jetswap, Fortress, and our consulting projects.

We have a full time marketing director overseeing our marketing.

The rest of our team is community managers running our many telegram groups.

Gold Rocket | Satoshi Club: Is the team anonymous?

Flight Commander Miro [Will Never DM First]: Yes, the team wishes to remain anonymous but we’re here nearly 24/7 for our community. ❤️

Gold Rocket | Satoshi Club: Do you have any plans to declassify your names over time?

Flight Commander Miro [Will Never DM First]: Not at the time 👍

Gold Rocket | Satoshi Club: Where is your office located? Or do you work remotely? 😊

Flight Commander Miro [Will Never DM First]: We are international and all remotely

Gold Rocket | Satoshi Club: Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

Flight Commander Miro [Will Never DM First]: Let’s go!

Gold Rocket | Satoshi Club: I love your stickers. 😁 I will try them all

Q1 from Telegram User @Arisabela

My head spun when reading the utilities of the two tokens in your ecosystem $JETS and $FUEL, from what I understood, $FUEL is a transactional tax token and $JETS is a governance token that also serves for staking, but can you disclose about all the use cases of this tokens on your ecosystem, how to trade them and what revenues can the users get from them?

Flight Commander Miro [Will Never DM First]: $FUEL is the first token in the Jetfuel Ecosystem. FUEL has a 2% tax on transaction. 1% is burned forever and 1% is sent to the “Hangar Reserve” for JETS staking.

FUEL emissions (farming rewards) ended in early June so FUEL is now 100% deflationary. We are burning about 1,000 FUEL per week. There is only about 124,000 FUEL left.

JETS is the staking and income token for Jetfuel. JETS holders receive 30 FUEL per day from the Hangar Reserve, 4% of every vault harvest is used to market buy FUEL, 10% of net income from Fortress.loans monthly, a permanent WINGS staking pool, and other staking opportunities.

Andrés M. | Satoshi Club: What is the APR for staking?

Flight Commander Miro [Will Never DM First]: You can trade FUEL at Jetswap.Finance and convert your FUEL to JETS at jetfuel.finance

Andrés M. | Satoshi Club: And is there a minimum amount of tokens to join staking and farming programs?

Flight Commander Miro [Will Never DM First]: Standalone JETS holders without staking receive about 40% APR and you can stake JETS for WINGS and earn an additional 33% APR. So the JETS APR is over 70% 🔥

$FUEL- BNB can be deposited to the Jetswap vault and earn about 200% APY.

 There is never a minimum in Jetfuel. Investors of all size are welcome 😁

Gold Rocket | Satoshi Club: I think this is very fair

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

Flight Commander Miro [Will Never DM First]: Yup!

Q2 from Telegram User @NSZR1

I read that Staking your $ FUEL tokens on Jetfuel Finance earns you passive $ FUEL rewards, and in order to stake $ FUEL tokens, it is necessary to convert them into $ JETS. I would like to know what kind of benefits it brings to users to use this dual token mechanism and how it benefits the ecosystem of the platform, I also have the doubt whether as well as users can stake the $ FUEL token, they can stake the $ JETS token ?

Flight Commander Miro [Will Never DM First]: This was just answered above https://t.me/Satoshi_club/955588

Single FUEL staking is not enabled since FUEL is a transactional tax token. You can convert your FUEL to JETS at Jetfuel.Finance and stake the JETS

Gold Rocket | Satoshi Club: By the way, share your tokenomics with us please 😊

It seems to me  this is also something unique.😁

Flight Commander Miro [Will Never DM First]: This will be a long one since we have 5 tokens 😅

Gold Rocket | Satoshi Club: Perhaps a link to your web resources to study😁

Andrés M. | Satoshi Club: Thanks for the clarification. Btw, you mentioned Polygon Fortress as part of your roadmap, could you tell us more about it?

Flight Commander Miro [Will Never DM First]: 1. FUEL. FUEL is a deflationary token with 2% tax on transaction. 1% is burned for ever and 1% is sent for staking. FUEL had 6 months of farming that started Dec 6th 2020 and ended June 5th 2021.

2. JETS is the income and staking token for Jetfuel. The only way to obtain JETS is to convert FUEL to JETS at Jetfuel.Finance. JETS holders earn up to 5 income steams by holding and staking JETS. There is a 2.5% withdraw fee to convert from JETS to FUEL to ensure long term holding.

3. GFORCE is our passive yield and automatic liquidity token. There is 1,000,000 GFCE. 3% of every transaction is taxed and distributed to every GFCE holder. 3% of each transaction is taxed and is added back to liquidity at Jetswap. We are nearly done with our GFCE lottery where you can earn GFCE LP tokens!

4. FTS is Fortress. Fortress is our lending and money market protocol. You earn FTS rewards by supplying and borrowing against your deposits. FTS has 10,000,000 tokens and a 2.5 year farming schedule.

5. WINGS is our AMM token for Jetswap. It is an inflationary token and is used to incentivize liquidity at Jetswap. We have a number of exciting features coming up for WINGS like the WINGS lottery, voting, and NFTS.

Yup! We’re working to build Fortress on Polygon. We can have more information when it’s closer to production 😁

Andrés M. | Satoshi Club: Oh, then we will be waiting for coming announcements😁

Gold Rocket | Satoshi Club: [ 👑 Sticker ]

Andrés M. | Satoshi Club: Ready to proceed with the next question?

Flight Commander Miro [Will Never DM First]: Yes!

Q3 from Telegram User @DK177

$FUEL has a 2% transaction fee on transfer. Where does this money go? Do you use them for the internal developments or will they be given back to the community? Is this 2% rate applied only for deposits and withdrawals? Or should we pay this fee when trading on BitMart too? With the BitMart fee, 2% becomes 4%! If this fee is applied for trading in FUEL/USDT pair, can you please explain about maker fee and taker fee?

Flight Commander Miro [Will Never DM First]: Yes, as answered earlier FUEL has a 2% tax.

1% is burned for ever and 1% is sent to the “Hangar Reserve” and 30 FUEL per day is sent to JETS holders 1 time per hour. The 2% fee is on every on-chain transaction. So transfers, purchases, sells, and going into/out of an LP its’ charged.

Bitmart does not charge a 2% on standard trading since Bitmart is not onchain trading. However, Bitmart charges an additional 2% on deposit to cover any internal fees they might pay.

Andrés M. | Satoshi Club: Why you take the decision of create 5 different tokens? Why not one token with different usecases?🤔

Flight Commander Miro [Will Never DM First]: We have built an all in 1 defi application. Each token serves it’s own purpose for the ecosystem. It’s not possible to use one token for all of our plans so we’ve developed each protocol with their own tokens 😁

Gold Rocket | Satoshi Club: can you tell us briefly about these goals? this is a rather original system

Andrés M. | Satoshi Club: Thanks for the clarification, I agree with that

Flight Commander Miro [Will Never DM First]: Our goal is to become the #1 defi protocol! We currently have a TVL of $210 million and are going to keep building our products until TVL is in the billions.

Gold Rocket | Satoshi Club: Well thanks for the answer! Ready for the next question?

Flight Commander Miro [Will Never DM First]: Yes

Q4 from Telegram User @KeymerS

I read in your Medium blog that in the long term you plan to incorporate NFT tokens, but could you really give us what innovative utility you plan to implement? Or will the use simply be to reward the most loyal users?

Flight Commander Miro [Will Never DM First]: Yes! We are exploring the best way to integrate NFTS to our Ecosystem. We plan to have an NFT minter and marketplace at Jetswap and let users use WINGS to make NFTS.

Gold Rocket | Satoshi Club: This is a very promising direction!

Andrés M. | Satoshi Club: That’s amazing, you tried to adopt all of trending topics to your project

Flight Commander Miro [Will Never DM First]: Thanks 😁

Andrés M. | Satoshi Club: Great job, what about synthetic assets, will be part of jetfuel in the future?

Flight Commander Miro [Will Never DM First]: Can you explain more about synthetic assets?

Gold Rocket | Satoshi Club: We’d love to hear about it. 😁

Andrés M. | Satoshi Club: Crypto versions of commodities assets, stocks as Tesla, Apple

Flight Commander Miro [Will Never DM First]: We do not plan to incorporate synthetic assets but we have plans to keep growing and building our current products like Jetfuel, Jetswap, and Fortress 💪

Andrés M. | Satoshi Club: Amazing,  we should recognize the big potential of your project😁🥳👏

So, would you like to add something else before the next question?

Gold Rocket | Satoshi Club: Yes! That’s great😁

Flight Commander Miro [Will Never DM First]: Next question please

Q5 from Telegram User @Highpee

Your Initial Jet Offering, IJO launchpad has an initial focus to help new project raise funding as well as give a liquidity and marketing boost at the nascent early stage of projects. From the information available on your website, only one external project (TRYON) has been launched on it and the last token to launch on your launch was FTS on the 20th of April. Some projects who applied for launching have complained on your TG of not being attended to. Why are there no sale activities on your launchpad? What does it take for a project to launch on IJO launchpad and what does buyers need to participate? Is this aspect of your project still important and working or have you shifted focus from this direction?

Flight Commander Miro [Will Never DM First]: We have shifted focus away from the IJOs. There is too much work, risk, and stress involved with launching IJOs. Jetfuel has a very strong name so we want to ensure that we’re only endorsing the best projects.

Our focus now is to build our partnership program and pilot pools. Pilot pools at Jetswap allow users to stake WINGS for partner programs. Soon we’ll be launching our $500,000 Partnership Incentive program to help new projects incorporate Jetfuel and our ecosystem into their projects!! We can’t wait to roll it out.

Gold Rocket | Satoshi Club: Thanks for your answers

Andrés M. | Satoshi Club: What is the most important thing you consider is coming for jetswap in the second half of 2021?

Flight Commander Miro [Will Never DM First]: We are currently working with a regulated crypto gambling project and we plan to integrate a fully regulated and licensed casino into Jetswap!

Andrés M. | Satoshi Club: That’s sounds promising😁

Time to go with the final question

Q6 from Telegram User @yellowchamp

One of your twitter post that interest me is about the Fortress Loans in which you stated that “Wake up tommorow and Get Paid to Borrow”,so can you explain more about this statement? Literally,how can we get paid to borrow? In what possible ways that a borrower can earn from borrowing instead of paying interest rate? Thank you

Flight Commander Miro [Will Never DM First]: Fortress.loans is our lending and money market protocol.

Users can deposit their assets to Fortress and earn interest to their deposits that’s paid by borrowers. Depositors also earn FTS rewards.

The greatest part of Fortress is the ability to earn while borrowing! You can borrow against your deposits up to 60%. You’ll pay interest in the token you borrowed but you’ll earn big FTS rewards which is more than your interest paid. So you get paid to borrow! Isn’t that great?

Andrés M. | Satoshi Club: And that makes 6/6, thank you so much @jetfuelmiro for your answers, it has been a great time with you in this first part of the AMA😃

Flight Commander Miro [Will Never DM First]: It’s been a great time here for the AMA!

Andrés M. | Satoshi Club: Now, is time to interact with our dear community members in the live segment of the AMA🥳

A ton of questions are coming when we open the chat, ready to go?

Flight Commander Miro [Will Never DM First]: Lets go 💪

Part 2 — live questions from the Telegram community

Q1 from telegram username @alptrader

@jetfuelmiro Do you like the jets like f-35?

Flight Commander Miro [Will Never DM First]: Jets are great!

Q2  from telegram username @Robotliker1

How safe is to invest on your project? It is truth that it is very hard to find best project and legit where rugg pull scams happens everyday . How can we trust your project that it is legit with anonymous team? Any plan to go public in the future?

Flight Commander Miro [Will Never DM First]: We built Jetfuel after a nasty rug pull. You’ll be able to check that we audit all our code before we deploy to the public. Team is anon for now

Q3  from telegram username @meml97

🧨     JetFuel emphasizes on being a fair-launch deflationary yield farming ecosystem on Binance Smart Chain. But my question here is, what does it mean to be a fair-launch project? Why is JetFuel such thing? What advantages does this bring to people if they use JetFuel over other platforms that are not “fair-launch”? Also, I’ve seen before other platforms calling themselves fair-launch as well, what makes JetFuel different from them? @jetfuelmiro

Flight Commander Miro [Will Never DM First]: Fair Launch means there is not a presale, founder allocation, pre mint. Everybody, including the devs, have to start at the same place.

Q4  from telegram username @shohan1244

-I see your project has several partnerships but who are the main partnership?

Flight Commander Miro [Will Never DM First]: We have a number of amazing partners.

-Yield Watch, Billion Happiness, Auto Farm, Beefy, Swamp Finance, Safermoon, Apeswap to name a few 😘

Q5  from telegram username @Rakshitx5

Hey @jetfuelmiro

Every day many projects are launching and your is one of them and the team is unknown. Why should investors invest in a coin whose founder is unknown? How we can trust you?

Flight Commander Miro [Will Never DM First]: We’ve been around for 7 months with 0 exploits or security issues. Our team is around 24/7 to help the community. All our code is audited before it’s released to ensure safety for the public.

Q6  from telegram username @Josewen

I understand that JetfuelFinance is a launching pad for projects seeking to raise funds and keep more of their proceeds.  funds and two projects to be launched soon;  Fortress credit / loans and JetSwap decentralized exchange.  What are JETS tokens?  What is the function within the platform?  Do you have other tokens besides JETS?  What are the qualities that this token possesses?  What are the many functions that JETS fulfills?

Flight Commander Miro [Will Never DM First]: You can read the questions answered in this AMA for info on JETS. You can also check our Jetfuel Docs page here: https://docs.jetfuel.finance/jets-staking

Q7 from telegram username @Zara_Adisty

⚠️Almost 83% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Flight Commander Miro [Will Never DM First]: Zap is a feature we’ll be rolling out again soon. It’s the ability to use BNB to get right into a vault. So no more buying all the tokens for the LP. Just use BNB and get right in.

Q8 from telegram username @Sumione

What are the different farming pools options available? Can you provide me some links for this and different APYs for all coins?

Flight Commander Miro [Will Never DM First]: https://www.jetfuel.finance/vaults

https://jetswap.finance/

https://bsc.fortress.loans/dashboard

Q9 from telegram username @nadee5

Is  JetFuel  MOBILE APPLICATION   available  ?

Flight Commander Miro [Will Never DM First]: You can use any mobile DAPP browser to access our websites 😁

Q10  from telegram username @Ratash97

What kind of informations users will find on the Info/Analytics Page feature ?

Flight Commander Miro [Will Never DM First]: prices, volume, liquidity, tokens available, fees

https://info.jetswap.finance/home

Part 3 – Quiz Results

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

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

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/jetfuelfinance  

Twitter: https://twitter.com/Jetfuelfinance

Wall Street Games x Satoshi Club AMA Recap from 27th of June

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 Wall Street Games and our guest was @WSG_Anze, and @WSG_Bernard – representatives of Wall Street Games. The AMA took place on 27th of June.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! We are pleased to announce AMA with Wall Street Games. 🥳

D. | Satoshi Club:
Hello everyone

Today our guests – @WSG_Anze @WSG_Bernard !

Welcome guys.

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

Anze | Wall Street Games CEO | NEVER DM FIRST:
Hello everyone! Glad to be here with you today! 🙂

WSG Bernard:
Hello everyone! So happy to be here with you today and this amazing community! 🥳

D. | Satoshi Club:
Nice to have you here guys👏

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you!

Gold Rocket | Satoshi Club:
We are very glad to conducting AMA with Wall Street Games😁!

Thanks for joining guys!

Let’s start!
Introduce yourself please. How did you get to be involved in crypto & Wall Street Games?
Tell us please about your position in Wall Street Games

Anze | Wall Street Games CEO | NEVER DM FIRST:
Same here! A great community to present our project to! 🙂

Sure! My name is Anze and I am the CEO and Founder of Wall Street Games. I have been active in the crypto community for more than 6 years now. In between, I have been in the world of economics, advising institutions, startups and cooperating with experts.

WSG Bernard:
Hello, my name is Bernard. I am a full-stack and blockchain engineer and I work together with Anze and several other team members on the Wall Street Games project.

I have a degree in computer science and have been following crypto since 2017 and have started solidity programming approximately a year ago. I am very proud to be able to share and present our biggest project that we’ve been working on for several months now.

Done ✅

Gold Rocket | Satoshi Club:
Amazing background🤩

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you! 🙂

Gold Rocket | Satoshi Club:
What is the essence of Wall Street Games?

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Wall Street Games?

D. | Satoshi Club:
Do you have only two members in the team?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Wall Street Games is a hybrid blockchain-based gaming platform where players battle each other in fun simple games for rewards in cryptocurrencies. Basically two players play games against each other and the one with the highest score wins. You can check out and try the game at any time on https://wsg.gg, it’s a blockchain-based gaming platform that combines off-chain and on-chain elements to create a fun, secure and (soon-to-be) operational (live) protocol where users will be able to battle it out against each other in skill-based games to see who is the better one.

Of course not! 🙂 The team consists of a blockchain developer, two full-stack gaming developers, a marketing strategist, a designer, and me.

WSG Bernard:
We have been working on WSG for the past 4 months and will be launching our full platform with real wagers on 1st July, so in a few days. We have a roadmap packed with many exciting features and we are just starting, so you can be sure that there’s much more coming!

D. | Satoshi Club:
Why you named project wall street games? you have any relation with real wall street?😁 maybe in past

Gold Rocket | Satoshi Club:
🚀wow! It’s very soon🚀

Busy roadmap😅😉👍

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, not really 😄 the name came from reddit, we thought is was really cool and actually connecting games with money 😄

WSG Bernard:
Busy roadmap means a lot of development and that’s why we are here 🙂

D. | Satoshi Club:
Got it 😉

Gold Rocket | Satoshi Club:
Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go 🚀

Q1 from Telegram user @kimterbear
As a gaming platform, does Wall Street Games also plan to preserve the traditional video games in an integrative way? How does WSG plan to leverage this opportunity to become something better than the traditional ones? Shall we expect a more innovative gaming platform compared to the traditional ones? What upgraded features shall we expect to WSG that can’t be found in any traditional game?

WSG Bernard:
The technology behind WSG and the platform the way it is currently built, supports integration with whatever backend system we decide to develop. Right now we’re working on our own quick, fun and addictive games that can be played on any browser, device or tablet. Of course, we could build a system that would integrate scores and matchmaking from traditional games, all of these avenues are open for the future.

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

D. | Satoshi Club:
Will you games have any connection with gambling?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The breakthrough is that we are introducing PVP games to the blockchain where the player’s funds are always in their hands. Blockchain makes sure of that. So the safety is our n1 goal. There will be constant upgrades and challenges for the users. We will have live events and even community-developed games will be introduced into the platform where users will be able to earn passive income from that 🙂

WSG Bernard:
The main upgraded feature that WSG has that no other gaming platform has is that the user’s funds, winner declaration and distribution of rewards happens completely on the blockchain, decentralized and as secure as it can be. This is what makes our platform completely different from any traditional system or competitors.

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, as this is the goal of blockchain. Simply connect a wallet, play a game against others and earn rewards 🙂

WSG Bernard:
No, our games will not have any connection with gambling. We are focused on skill-based games that require dexterity, strategy, good reflexes and a mixture of all of this together. We are not going to introduce any games that are based on gambling.

D. | Satoshi Club:
That’s nice feature.

Gold Rocket | Satoshi Club:
These are really unique features👍

Passive income is always nice👏

D. | Satoshi Club:
But will you have some sort of ‘box opening/case opening’ like in CS GO for example?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment. For now, players that will be most active on the platform will be rewarded. But we have some similar features planned for the future. 👍

WSG Bernard:
We are however introducing NFT cards, and NFT-based staking that will mimic this behaviour, for example to have unique titles, special effects next to your name and various other perks in the future when we will open our own governance platform and more!

D. | Satoshi Club:
Thank you! we will talk about NFTs today 😉

Gold Rocket | Satoshi Club:
Thanks for your answers👍

Can we proceed? Or you want to add something?

WSG Bernard:
We can continue 👍🏼

Q2 from Telegram user @h1drX
The total supply of $WSG is 1,000,000,000,000,000. What is the $WSG distribution model? Do you have a reward system for holders? Do you have a burning system? Does it have a DAO mechanism? Will you make changes to the token $WSG on July 1st?

WSG Bernard:
Here’s a rundown of our token distribution:

There is a reward system for our token holders via the staking pool and for liquidity providers.

There is no burning system or any other fees associated with the token or with the transfer of our token.

D. | Satoshi Club:
Why you decided to mint such a crazy amount of tokens? 😁

WSG Bernard:
We are not building a DAO mechanism, but we will be creating a governance platform which will allow users to vote on new game scenarios, propose them and even more functionality.

Gold Rocket | Satoshi Club:
Yeah😅

WSG Bernard:
There will be no changes on 1st July and to answer your question; it doesn’t really matter what supply we minted, the price correlates with the token’s supply, but we decided to do it this way since it was the “trend” and people generally like to see 1,000,000 tokens in their wallet instead of 0,0001 so that was the reason behind that.

But from the functionality of the platform it brings no advantages or disadvantages 👍🏼

D. | Satoshi Club:
For the governance you will use the same token or it possible be new one?

Anze | Wall Street Games CEO | NEVER DM FIRST:
We will use the same token 🙂

D. | Satoshi Club:
Okay, got it! thank you for clarification👍

Gold Rocket | Satoshi Club:
Thanks for your answers👏

Ready to proceed to the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Our pleasure! 🙂

WSG Bernard:
👍🏼

Q3 from Telegram user @Highpee
Wall Street Games is a hybrid blockchain gaming platform where user can earn real token rewards that are more than mere game points. However, one of the challenges faced by play to earn gaming platform is the way hackers and gamers can unfairly use automated computerised bots to manipulate their reward accrual as well as beat their opponents and gain undue advantage. How will your platform guide against this kind of situation as well as prevent any injection based exploits from external game players? And since you said community can introduce and integrate new games into your platform, how will you ensure such games are not modded with malwares than can perform underground exploits as soon as the games are started? Do you open up new games to bug detection contest before such games are uploaded?

WSG Bernard:
We are aware of this of course. First of all, the games on the platform don’t run on the user’s browsers, but on an instance on our servers, therefore any type of injection-based exploits can not happen. Secondly, we won’t be introducing games which can be exploited in the sense that the outcome can be predicted. We are going to build games that require a bit of skill, strategy, speed and also, in some cases, a small amount of luck in order to introduce that randomness which is needed to defend against bots or scripts.

The important thing here is that we are running several extensive tests before we allow the games to be played for real wagers and users won’t be able to just upload their own game scenarios. We will be testing them, approving them and we will also audit them before they even appear on the platform itself.

That’s the same we are doing now as well.

D. | Satoshi Club:
How integration process of new games will be look like? for developers, what actions should be from them to push the game on your platform?

And since we talking about security, we can’t avoid question about audit 😉😆

WSG Bernard:
There is no details regarding this just yet as we are still in our beta release. However, once this becomes an option, the rules will be presented very clearly for any interested developers. Grants will be given out to those which are accepted and possibly also game revenue sharing once it comes live on the platform.

This is in this moment just roughly described, but more information about it will be shared in the future.

We already have an audit report from QuillHash 👍🏼

D. | Satoshi Club:
Will you surprise us on July first with a new audit? 😁

Gold Rocket | Satoshi Club:
What are your results? Can you share with us? 😊

D. | Satoshi Club:
The more audits the better 😇

Gold Rocket | Satoshi Club:
Security first of all💪

Anze | Wall Street Games CEO | NEVER DM FIRST:

Yes, indeed! 🙂

Gold Rocket | Satoshi Club:
Thanks 😊

WSG Bernard:
There’s no additional audit planned for 1st July since there will be no changes to the contracts. We could consider something like that further down the line when it makes more sense and when new features are released, such as our NFT staking. 👍🏼

D. | Satoshi Club:
Gotcha.

Gold Rocket | Satoshi Club:
Btw what game do you play personally? what is your favorite game 😁

Anze | Wall Street Games CEO | NEVER DM FIRST:
I like blizzard games and csgo 😄 you?

Also on mobile, I got pretty addicted to flappy bird 😅

Gold Rocket | Satoshi Club:
Great choice😁

D. | Satoshi Club:
I played csgo in the past 👍 but now i don’t have any free time for this 😄

Anze | Wall Street Games CEO | NEVER DM FIRST:
I know how you feel 😅

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

Ready to proceed to the next question?😊

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go!

WSG Bernard:
Let’s continue 🙂

Q4 from Telegram user @DK177
According to the roadmap, you launched the platform on BSC and there is a plan to launch on other blockchains during Q4. Are there any special reasons to launch on BSC first or did you choose it just because of the current trend? Further, what are the other blockchains you are going to launch on? We can see some projects are being launched on several blockchains, but why did you postpone the launching on other blockchains to Q4? Are you going to test on BSC before expanding the project? On the other hand, why did you decide to go for those options without limiting $WSG to BSC?

WSG Bernard:
BSC was chosen because of it’s low fees, fast transactions and user base. Ethereum just wouldn’t work for the business model we are after.

Integration to more blockchains takes time, testing, money — all of this would delay our launch. BSC was the best choice.

In the future, we want to look into connecting with Polygon, Fantom and other layer-2 solutions which have even more advantages and which could lower transactions costs to the bare minimum.

Done ✅

Gold Rocket | Satoshi Club:
Very detailed answer! Thank you!👏

Anze | Wall Street Games CEO | NEVER DM FIRST:
I agree! What more do you have in store for us? 🙂

D. | Satoshi Club:
Btw on your platform players should pay any additional fees?

WSG Bernard:
There is a 5 % treasury fee on the total wager amount in the game. There’s also a 1 % deposit fee to cover the network’s transaction fees (declaring winners, claiming rewards, etc.).

Gold Rocket | Satoshi Club:
Do not doubt! our community is very curious😁

D. | Satoshi Club:
Understood, appreciate for answer! ready for the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes:)

Q5 from Telegram user @NataliyaKil
You claim that once a player makes it to the top 10, there are additional weekly rewards awaiting them! But there are four Leaderboards on your site: Daily, Weekly, Monthly, and All time. So what are the rewards players get when they get into this Leaderboard? How are these rewards calculated and paid, leaders receive them automatically in their wallet or do they need to be claimed on their own, in what currency and how can they manage their rewards? How is the place in which the player will be on the Leaderboard is determined, what does his position depend on?

Anze | Wall Street Games CEO | NEVER DM FIRST:
You get onto the leaderboard by playing games and breaking records. We have unique system that will calculate the rewards also bringing lower rewards for those how are already on the leaderboard and not improving their score. For example if a player had a highscore for a longer period of time, the highscore won’t be as valuable as it was on the beginning thus we want to incentivise the players to do better in each game played. 🙂

WSG Bernard:
Weekly rewards will not need to be claimed, they will be distributed to the user’s wallet via an airdrop distribution.

Additionally, users that play with WSG tokens will have a higher chance in the draw for the weekly rewards. More information including a detailed specification of each tier and impact on the draw will be shared in a detailed article on launch.

D. | Satoshi Club:
Rewards distribute automatically or you do it manually?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The place on the leaderboard is determined on the score achieved. Either it is a high score or the least amount of time needed to complete the game.

Gold Rocket | Satoshi Club:
Great benefit to stimulate players🤑

WSG Bernard:
We will do it manually at first, but the calculation and everything else will be done by an automated script.

D. | Satoshi Club:
Nice

Gold Rocket | Satoshi Club:
Thank you guys very much for your answers! I suggest moving on to question 6… if you don’t mind😊

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes, sure! 🙂

Q6 from Telegram user @orlemys
I read on your roadmap that you plan on launching your own NFT Collectibles right now, in Q3 of 2021. Can we have a sneak of the collectibles you will have? Is there a specific date for the launch? What method will you be using for selling and what’s the price range? Who are the artists behind them? Also, are there any plans of releasing game-specific merch or other real-life goods?

Anze | Wall Street Games CEO | NEVER DM FIRST:

Here’s a sneak peek 😄

Gold Rocket | Satoshi Club:
Wow!😍

WSG Bernard:
The NFT cards won’t have any specific prices, the market will decide how much they are worth.

There is no specific date just yet, but it will be the next thing in line after the platform launch on 1st July. We are creating the cards on our own.

They will have real use cases, including a higher draw chance in the weekly community giveaways and will also bring special titles and effects on the website!

And of course, we’d like to do real-life goodies and merch if our community will request it! 👌🏼

D. | Satoshi Club:
What means this number 7 in the top left corner? it mean he has any power in some game? 😉

WSG Bernard:
It is the tier of the card, there are several “levels” planned, each with it’s own design and features 🙂

You’ll need to “level-up” to receive higher tier cards.

Gold Rocket | Satoshi Club:
I really love nft. I am especially impressed by the fact that you put use cases into them.

WSG Bernard:
Thank you! 💪🏼

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee
You described Wall Street Games as a hybrid blockchain based game that combines OFF-CHAIN and ON-CHAIN elements. Whenever I attempt the games you currently have off-chain, a warning always appear which reads: “You have to be connected with your wallet in order to play the game”. In what way are you an HYBRID and how do you plan to combine off-chain element? Are your games only suitable for crypto gamers?

WSG Bernard:
Hello Johnny and thanks for your great question!

The game itself runs off-chain on a server instance, but the game wagers, winner declaration and distribution of tokens runs completely on the blockchain. What this means is that we never control the user’s funds as they are stored on a smart contract and not in a centralized wallet. This has huge benefits for our users with the ultimate security that blockchain brings. This is what we mean by the “hybrid” on-chain and off-chain gaming platform — the first of it’s kind.

Q2 from Telegram user @Amila19932
How to get above mentioned NFTs? Do I have to play the game and unlock those NFTs or is there any NFT trading platform to buy?

WSG Bernard:
To acquire the NFT cards, you will need to join our NFT staking pools and receive the cards in order, and then level them up to be able to join the next staking pool and so on. Playing games is not necessary to receive the cards, but has a lot of perks if you are actually using the platform. You will be able to pledge your cards and receive exclusive rewards, have unique special effects on the platform that other users will be able to see and more!

Q3 from Telegram user @Therossed
In this situation my question is :

  1. Is there any chance to get this project to be partnership with a Console platform as a Playstation, XBOX, etc or a Steam?
  2. in the future, is there any plan to doing a 1 vs 1 gaming in the same time?
  3. at this moment there’s a lot of project here and there, so what plan of WSG to approach the investors for this situations?

x Wall Street Game√

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment as these providers do not do casual, addicting gaming. On each of their platforms, the games are paid and we are not going in that direction. We want to build our own platform 💪
Yes, as we have a good retention rate on the platform and constant users, we will expand into live matchmaking.
We are aware of that, but if you look at our project and how much we have achieved in a month, you can see the difference between us and other projects 🙂 We have a long-term plan which will surely do good! 🙂

Q4 from Telegram user @andrey_seleznov
I see the WSG platform has two games at the moment, The Trader and The Coin Explorer. Those seem to be relatively simple and easy to play games. I wonder if you plan to expand the collection with more different games in the near term, do you only list your own games or the ones developed by the 3d party projects as well? What other games, perhaps more complex, blockchain and DeFi oriented games do you think can be listed on the WSG platform? Thank you!

WSG Bernard:
Hello Andrey!

Yes, as we’ve mentioned earlier, we plan to develop more games, some of them fast-paced, other ones more strategic and whatever else that we will be able to incorporate. We don’t have any specific barriers from what kind of games can be included, just that they can be played in a 1-vs-1 fashion with a turn-base system (one player first, then the other player). We will also be including games from external developers that will be interested to build game scenarios for our platform and receive grants. Thanks for your great question!

Q5 from Telegram user @doithay1617
I see “Refer a friend” in the Website, What is the commission I will get for inviting my friend to the Wall Street Games?

WSG Bernard:
As a referrer, you can receive passive income forever! Refer your friends and you will receive 0.25% from their total wager amount for as long as the platform exists and your friends play the games! This is a great way to earn some additional income as it rewards the community for bringing in a new audience.

It’s really easy to set up and everything you need to do is to share your unique referral link!

Q6 from Telegram user @Wong2008
Do you have any tutorial to explain more the games provided in your website?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes! https://wsg.gg/tutorial or you can check out our Twitter https://twitter.com/WSGToken where we also posted videos on how to play our games! 🙂

Q7 from Telegram user @Kushal85127939
Could you please share on which Exchanges Wallstreet token is alrady tradeable with good liquidity?

WSG Bernard:
Hello Kushal!

We have great liquidity on PancakeSwap, JulSwap for decentralized exchanges.

We are listed on Hotbit, Bilaxy and Bitmart.

Trading will start on Monday at MXC, so we’re very excited about that!

And there’s an additional quite awesome CEX listing announcement coming on Monday!

Q8 from Telegram user @vedamatrix
Which type of wallet should I connect to your website in order to play your games?

WSG Bernard:
Hey Morpheus!

You can use any type of decentralized wallet provider that you use on your browser or mobile device. We accept any injected web-based wallets such as Metamask, JulWallet, and Binance Smart Chain.

You can also use TrustWallet or any WalletConnect compatible wallet and there’s a huge amount of those, so you can easily access the website from tablet or mobile!

Q9 from Telegram user @Robotliker1
How much deposit should I make after connecting my wallet? What is the maximum deposit that can be done?

Anze | Wall Street Games CEO | NEVER DM FIRST:
So the minimum deposit will be 10$ and the minimum game wager deposit will be 5$. There is no maximum deposit, but the max game wager deposit is $100. 🙂

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Wall Street Games. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
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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
Wall Street Games Telegram community: https://t.me/WSGToken
Twitter: https://twitter.com/WSGToken
Website: https://wsg.gg

Community Update – Phuture Finance

Community Update

Great news! Phuture Finance has had another productive week there at Phuture. They are making progress on the product side, marketing, and ecosystem growth initiatives.

”Final tweaks are being made to the testnet as we speak. The truth is we are constantly evolving and improving previous designs and UI flows, making a conscious effort to center the experience on the user. We want to go mainstream, and for that to happen our product and messaging must appeal to both a crypto-focused audience and the broader TradFi audience. We will continue to improve and iterate on this over time.”

On the 12th of July, they will be hosting ‘The Testnet Launch Event’. More information on this event, such as time, link, etc., will be shared in a Medium post next week. The team is excited to showcase the testnet for the first time, introducing you to the Phuture team and meeting you all virtually!

”As per our previous community update, we will be making some exclusive announcements live in ‘The Testnet Launch Event’. We look forward to your reaction and shared excitement once announced. Make sure you tune in!

In the build-up to the event, we have been invited to participate in a variety of different AMA’s. We look forward to sharing details of these events closer to the time. As always, we would appreciate your support and help in letting people know about the event once the details are live next week.

On the marketing side, we have spoke with some great candidates for the Head of Marketing role, whom we will be moving to the next stage of the interview process. Once we have hired the successful applicant, we will introduce them to you all.”

The dev pipeline on the product side is stacked and they will have a stream of new feature releases and existing product improvements stretching far beyond their mainnet launch. Expect to learn more about LM program, improving the experience of creating a new index, fiat on-ramps, off-chain actors, rebalancing mechanics and more, over the coming weeks and months.

”Thank you for your support, this is just the start and we look forward to the (ph)uture.”

MoneyTime x Satoshi Club AMA Recap from 28th of June

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 MoneyTime and our guests were @ClutchMoneyTime and @son_money. The AMA took place on 28 June.

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

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

Part 1 — introduction and questions from the Telegram community

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

Today our guests are @ClutchMoneyTime @son_money!

Son Money: Hello everyone! It’s a real pleasure to be here with you today

Mary | Satoshi Club: Welcome here 👏

Clutch Money: Hi thank for having us

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

Gold Rocket | Satoshi Club: How are you doing 😊

Mary | Satoshi Club: As everyone is here we can start our AMA 🚀

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

Mary | Satoshi Club: And as usually we will start with intro 👏

Son Money:은Very well thank you! A bit Excited to share this project with you 🙂

Mary | Satoshi Club: We would like to ask you to introduce yourself and tell us more about MoneyTime 🥳

Gold Rocket | Satoshi Club: Introduce yourself please. How did you get to be involved in crypto & MoneyTime? Tell us please about your position in MoneyTime?

Clutch Money: Moneytime.finance is a yield farming platform running on Binance Smart Chain with a unique price-positive token economic design. The project is funded and created by a team originally building DeFi on Ethereum, but since 2021 has been solely shifted to Binance Smart Chain due to its promising future: True open finance for everyone, not only ETH whales.

There is a gaping hole in the BSC ecosystem for a quality yield platform that incentivizes long-term sustainability over short-term pump-n-dump mentality.

We realize that to achieve this, we need to re-think the whole yield-farming approach that usually focuses on the early hours and days of the product over the long-term.

Secondly, we need to counter-balance inflation (a necessary mechanism for yield platforms) by having users stake & hold the native token for pre-determined time periods and so reduce sell-side volatility bursts.

We wanted to create a mechanism for rewarding behaviors that contribute to the sustainability of the platform by solving the above two points, and Moneytime.finance is the product of these goals in mind.

On the surface, it‘s a yield platform like any other. But in reality, the tokenomics are set up in such a way that it will look and operate differently from the rest of the marketplace.

In short, we believe Moneytime has amazing product-market fit, that will not only be rewarding for our own users but also for Binance Smart Chain as a whole!

Gold Rocket | Satoshi Club: This is very promising👍

Mary | Satoshi Club: What about MoneyTime team? How big is it? Are you public or anonymous?😀

Clutch Money: We are mainly a team of dev from the ETH network and with the BSC ecosystem growing this fast, we are excited to launch in BSC and eventually cross chain with Polygon and ETH Network

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

Son Money: We are 4 founders and we prefer to stay anonymous for the moment, as most of projects here in BSC.

Clutch Money: Your welcome!

Mary | Satoshi Club: Got it😀

Gold Rocket | Satoshi Club: we will have a question selected for the Part 1. ready to start?

Clutch Money:  Sure!

Q1 from Telegram user   @meml97

I read that in order for MoneyTime Finance to be different, you will be implementing a new kind of mechanism you created yourself, can you tell us more about this mechanism? What is it called? How does this new mechanism exactly work and how will it help you on your purpose of re-think the whole yield-farming approach that usually focuses on the early hours and days? Also, what are the biggest advantages users will get from MoneyTime implementing this mechanism instead of any other we already know?

Son Money: Yes we did and I can say even more than a mechanism we created a whole token economic unique to itself and designed purposefully for the greater of the project in short, medium, and long term. Our mission is to a bring a safe and optimal decentralized income opportunity for user’s, without compromising the prosperity of the project, this is how we ended to create this strategy of positive price performance on top of great yield.

We solve this by rewarding LPs according to their staking length, to counter-balance inflation by incentivizing users to stake & hold the native token instead of selling.  User’s stake their $TIME token for a specific length of time and cannot mint their rewards until the full time has been served. The longer the pool’s, the higher the rewards. he system has open buy-side pressure (because users buy the token to participate), but sell-side pressure keeps getting retarded and neglected.

In summary, Stakers who lock up their reward token in moneytime.finance benefit greatly, especially for longer stakes. This in turn has great impact on the price stability of the token, because it removes sell pressure and promotes longer-term holding behaviour!

Clutch Money:

TIME POOLS

 

Farming Pools

Staking Pools

Gold Rocket | Satoshi Club: this is a fairly original model👍

Mary | Satoshi Club: When we will be able to try this and see how it works?

Son Money: It is!!

Clutch Money: in less than 48 hours! Here’s a countdown

http://moneytime.finance

Gold Rocket | Satoshi Club: Your developers did a good job!

Mary | Satoshi Club: Wow! It’s near!

Thank you for your answers! Ready to proceed?😀

Clutch Money: yes!

Gold Rocket | Satoshi Club:

Q2 from Telegram User @andrey_seleznov

Hi MONEYTIME !

It is great to see that MONEYTIME takes security seriously! I know that you applied for an audit by one of the top auditors – Certik. But with your launch date being so near it is probably not realistic to expect Certic to finish the certification by then. Will this potentially affect your launch date? How do you plan to fix any issues that the audit may find if your contact is already deployed? Thank you!

Clutch Money:   

The security of our project is our top priority and we chose CERTIK because of their great work. The CERTIK team did gave us a certification dead line that correspond to the date of launch. However, if there should be some delays it would be for few days only and it won’t affect launch date. We are working hands in hands with them to make this audit certified as quick as possible but we also want to make sure that it is done correctly.

Gold Rocket | Satoshi Club: Safety first👍

Mary | Satoshi Club: Did you apply only for audit or also for Certik shield?

Clutch Money: We also have rugdoc that is engaged for quick check on hard rug codes

https://leaderboard.certik.io/projects/moneytime

Gold Rocket | Satoshi Club: Please don’t forget to share with Satoshi Clubbers😉

Oh thanks😊

this is a very important point indeed.

Mary | Satoshi Club: Actually, Safe Dollar which was exploited twice was also quick checked by RugDoc…

https://twitter.com/safedollarfi/status/1405050647565668355?s=19

Clutch Money: Hope the same won’t happen to us.

Mary | Satoshi Club: They marked them with high risk now, but…

I hope as well👍did you thought about any kind of insurance?😀

Clutch Money: We ran a wide range of test on our platform, we putted security on top of our development.

Mary | Satoshi Club: That’s great!

Clutch Money: Not for the moment it is a possibility we are ready to explore

Gold Rocket | Satoshi Club: Thank you for your honest answer and for a serious approach to this issue! Ready for the next question or want to add something?

Clutch Money: Ultimately we are here for the long term and we are always more than willing to put our codes to the test so that public can farm with ease and also earn their trust

Mary | Satoshi Club: Awesome 👍

Son Money: ready for next question

Q3 from Telegram user @DK177

You have mentioned about six pools of staking $TIME. According to you, these pools have been introduced with different timers to reduce sell-side preassure. Since your platform is new, users may opt for pools with short time periods with the intension of going for greater rewards of long time periods later. How can you face this kind of situation? Although the concept of time pools is fine, do you think it will practically help to reduce the selling pressure? Do you depend only on these pools or do you have possible alternatives to face a sell-off situation?

Son Money: Well first of the Time Pools are designed to be more rewarding the for the longer pools,  to incite people to invest on long-term reward pools. Itself is the first guard against sell pressure, the longer you keep your $TIME or $MONEY staked and the more you earn. The system of harvest lockups is radically new so it’s to the users to decide.

 Than we worked out a sustainable tokenomic to incite people to invest on long-term reward pools. We have our specially designed mechanism to prevent from sell pressure, from transaction fees, to smart token redistribution that emphases on buy back & burn and locking liquidity forever and we have the emergency burn fund to give us a tool in time of exceptional sell pressure for time when simultaneous rewards get unlock for exemple.

Clutch Money:

Time Pools

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

Mary | Satoshi Club: So, what i will need to do to farm? First steps?

Son Money: You will need to add liquidity to earn $TIME. Then with those $TIME you will be able to stake in the Time pools to earn $MONEY

Clutch Money: Yes, in MoneyTime we have 2 tokens : $Time & $Money. $Time dont have value or trading purpose, it’s what we call a “Tool Token”. To be able to earn $MONEY reward, you need to stake $TIME token.

Stake $TIME earn $MONEY.

The token economic of MoneyTime is different from a classic farming system. Here the rewards are “delayed” to avoid excessive compound and massive sell pressure. What we call Price positive token is the results of a study of a specific token economic build on Delayed reward, BuyBack, Burn, and Smart fees redistribution.

Mary | Satoshi Club: You will always have only six pools or plan to add more?

And btw, will you have any governance system?😀

Clutch Money: We do have plans to add more we are curious to see the commnunity return about it we will consider their suggestions.

Gold Rocket | Satoshi Club: this is a good strategy! the community is the engine of the project! 👌

Son Money: When we will go Cross chain, the utility of a governance system would be clearer and we will consider implement it!

Gold Rocket | Satoshi Club: thanks a lot for the answers! ready for the next question?

Mary | Satoshi Club: We will wait for updates ☺️

Son Money: We sure are!!

Q4 fromTelegram User @surendra040

Moneytime.finance was funded initially by a team originally building Defi on Ethereum but since 2021 it has been solely shifted to BSC . What is the reason for dropping off ETH network? Since the ETH fees at current period is low will you expand your project in ETH again and other chain like polygon, solana etc. Also many BSC platform projects are lacking long term sustainability and one of the problem in BSC ecosystem is pump and dump mentality, what are the solutions that Moneytime.Finance has that it claims to be rewarding not only for users but also for BSC as a whole?

Clutch Money: We are developpers that are from ETH, but for this project we developed it completely for the Binance Smart Chain.

Our project was developped and designe solely for BSC, however, the expansion to other blockchains such as ETH, Fantom and Polygon Network is a part of our plan for the future. We want to become a reference Cross-Chain Yield farm platform.

 To overcome the problem of pump and dump, we have set up a whole tokenomics designed to reward long term users along with our price positive token strategy with Delayed reward, BuyBack, Burn, and Smart fees redistribution and more.

Mary | Satoshi Club: When cross chain yield farming will be implemented?😀

Gold Rocket | Satoshi Club: By the way, please share your roadmap😊

Son Money: https://moneytime.gitbook.io/timeismoney-fi/

Here you go! 🙂

Clutch Money: We will take a decision for the last quarter of the year.

Gold Rocket | Satoshi Club: Thanks for sharing ☺️

Mary | Satoshi Club: Not so long to wait😀

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

Son Money: Always!

Q5 from Telegram User @Pratze

Partnership always give big contribution to make project bigger and have great benefit for your developing project and user who participate in your platform. So your first partner is IceCreamSwap, may i know what the reason of choosing partnership with them? Because as i know there are a lot of swap BSC project out there? And what are your plan regarding new partner in near future?

Son Money: Partnership and collaboration are important for the MoneyTime team because it gives the opportunity to grow together and bring more to the DeFi space. We believe collaboration is the way to stay sustainable and become a reference in DeFi space. This is why we think that marketing and communication are important to work this is why we are working on the Airdrop Initial Program Partner : ( https://moneytime.gitbook.io/timeismoney-fi/project-overview/partnership-program-+airdrop   ) .  

We already have 2 partners regarding this program, IceCreamSwap and TinVille, we are still looking for partner and more are coming soon before launch. The goal with this program its too give the opportunity to others users to try the farming system with delayed reward features and bring more visibility on the project and the innovative token economic. We know users dont like Airdrop this is why, we though about a Marketing way using Airdrop but without hurting the token economic or money holders! Our marketing partnership consist of Airdrop of $Time token to others project holders so they can stake $Time to earn $Money! But here’s the thing, you can harvest your $Money reward in TimeBool by staking $TIME, but after you collect your reward’s 100% of your $TIME token are burned, so you need to go in farming pool, add liquidity and earn $TIME again!

We believe partnership are important, what we want as marketing and communication strategy its that $Money farmers can already earn others token project by staking the LP in others platform like Tinville or IceCreamswap for the moment, more partner participate to initial airdrop more platform are accesible to money farmers for earn a Token Partner! We believe the way to go its to give multiple use case to $MONEY token.

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

Mary | Satoshi Club: You will give airdrop to all your partners tokenholders or only to those, who will fill the form?

Clutch Money: Yes to official partners of our Airdrop Program

And we almost forgot to add FOXYNFT as our newest partner!

Mary | Satoshi Club: So, those who have for example GLTO tokens don’t have to do something, they will get TIME tokens as airdrop without any actions?

Congratulations 👏

Son Money: Exactly, there will be an airdrop directly to their wallet without any actions

Mary | Satoshi Club: Thank you!

That’s great 😍

Son Money: Thank you very much!

Gold Rocket | Satoshi Club: Thanks! it is very convenient👏

Q6 from Telegram User @NataliyaKil

One of the tools that MoneyTime offers its users is the Emergency Burn Fund. Is this entirely developed by the MoneyTime team? What is this tool and what is the purpose of its creation? What other unique tools does MoneyTime offer to its community?

Clutch Money: The Emergency Burn Fund is one of the tools that MoneyTime use to prevent from deflationary pressure on the token. It has been entirely developed by the MoneyTime team and for the MoneTime.Finance project.

It will be used in times where buy-side pressure is needed, for example in days where major stakes ends and big rewards are expected to be minted. This fund will then be used to market buy $MONEY and immediately burning it to offset the selling pressure.

We do this by collecting 2% from the deposit fees from LPs (only for non-$MONEY TIME POOLS) and using it to market buy-and-burn $MONEY. 🔥

https://moneytime.gitbook.io/timeismoney-fi/tokenomics/emergency-burn-fund

Son Money:

Gold Rocket | Satoshi Club: you have great infographics, I dare say 👌

Mary | Satoshi Club: So, it will start to fill from the first day of the launch?

Clutch Money: Yup from day 1

Mary | Satoshi Club: Super!

Nice system😀

Thank you for your answers, guys! Now we came close to the live part 😃

Part 2 — live questions from the Telegram community

Q1 from telegram username @Chinthaka93

HOW TO JOIN YOUR TIME AIDROP PARTNER PROGRAM? Is this still running and how can we join this airdrop?

@ClutchMoneyTime @son_money!

Son Money : Yes it is still running ! You can join by filling our form right here:

https://moneytime.gitbook.io/timeismoney-fi/project-overview/partnership-program-+airdrop

Q2  from telegram username @Sharaylug

What are the sophisticated techniques to optimize and amplify yields farming with MoneyTime?

Clutch Money: $Time Stakers who deposit in long term Time Pools benefit greatly. We have specially designed mechanism to incite people to invest on long-term reward pools. Then after is to the user to DYOR and come up with their personalized strategy to amplify their yields with MoneyTime.😉

Q3 from telegram username @sweetdoge

You mentioned here on AMA you have 4 founders on the project. So do you plan to add more people into the team, how to apply it?

Clutch Money: Yes and we already did hire some community manager to help us with prelaunch and we believe that we may need some more help for after launch. You can apply by asking an admin in the group if you can DM and someone shall assist you.

Q4 from telegram username @najjaka

You’ve showed pictures of MoneyTime farms. (Yield, Staking and Time farms)

I’ve seen a lot of projects with Yield and Staking farms. But never seen any with Time farms.

How Time farms work and are they better/safer to get more profit?

Son Money : User stake $TIME token in one of the six pool, each pool has a different timer which the user have to wait out before being able to harvest their $MONEY reward. The longer the user stakes the tool token $TIME, the greater the reward. This greatly reduces sell-side pressure and helps create a long-term viable yield platform

The social benefit of this is users who are locked-in for a specific time period are more likely to promote the token and play more active roles within the community: it’s in their own self-interest to protect their investment.

Q5 from telegram username @meml97

🧨     It caught my attention that MoneyTime has this feature called “Money Printer”, can you tell us more about it? How does this feature really work? How can users take fully advantage of it? How much fee % is charge to users when they use this MoneyPrinter? I also saw that it has a 9X multiplier reward option, how can people use it? Are there any risks associated with the used of this feature if it’s not done with caution? @ClutchMoneyTime @son_money

Clutch Money:

Yes! the MoneyPrinter Pools is a very innovative Staking section of our project.

In the MoneyPrinter Pools you can stake $MONEY to earn more $MONEY .

$MONEY Reward locked for the first 72h,

if a user Withdraw before 72h in the MONEY PRINTER, 5% fee is charged on the withdrawal to be burned & No $MONEY rewards are minted .

The  MoneyPrinter Pools have a 9X Multiplier reward, giving it a better APY than other Staking Pools.

Q6 from telegram username @Rakshitx5

Hey @ClutchMoneyTime @son_money

There are already many staking pools in the market. Why Investors should choose your pool? Which feature Money.Time provides that others don’t?

Clutch Money: Yes indeed, and there are new project launching left and right every week, often copy+Paste yield farms with no regard to the benefit of the users. Bad token economics cause projects to be abandoned very early on, with only a few early users and developers profiting from the scheme.

The native reward tokens get harvested as quickly as possible and immediately dumped on the open market, accelerating the token’s value towards zero.

We aim to solve this issue, to do this, we need to counter-balance inflation by incentivizing users to stake & hold the native token instead of selling. We solve this by rewarding LPs according to their staking length – they commit to stake their $TIME token for a specific length of time and cannot mint their rewards until the full time has been served.

MoneyTime.Finance is designed with one purpose in mind: to create positive price performance on top of great yield.

Q7 from telegram username @Aquamend

Sir,

According to your roadmap, there are less than 3 days for the launch. It is a great plessure to know you are going for a technical audit and an economic audit. The problem is, official results of these audits were not announced yet. In this situation my question is : Did you complete the audits and waiting for the results? Will you be able to get them within remaining 3 days? Or are you just planning to go for the said audits in the future? When and where will these audit reports be available? Until the availability of these records, how can we trust you and invest in $MONEY?

Son Money : CERTIK gave us a certification dead line that correspond to the date of launch. We are doing everything that is in our power to get this certification done as quick as possible

Q8 from telegram username @shone1994

do you think icecreamswap is easier than pancake swap to your network bsc?

Clutch Money: Great question, we actually had some more collaboration and closeness to the team of IceCream Swap than we think we would’ve had with PancakeSwap for exemple. They helped us also with their larger experience on BSC than we had at the time of the development of the project witch ended to be really useful help for us.

Q9 from telegram username @cindy_crypto

In order to allow true open finance for everyone what do you think of centralized built of Binance Smart Chain? Do you plan to move another blockchain like Ethereum in the future?

Clutch Money: Yes we do plan to develop cross chain we already have Polygon Network and ETH in sight and we are open to consider development on Fantom and Layer 2. Decision will be made for the last quarter of the year, but for the first month’s of MoneyTime.Finance, the project will only be available on BSC!

Q10  from telegram username @afmfmff

💥Have you developed or are you planning to develop a program for ambassadors so that your project can attract more people????

Son Money : Yes we are actually seeking for influencers on many social medias like youtube and twitter because we want to put the emphasis on our community support.

Support to the commmunity is such an important aspect often overviewed by most of project. Like we were saying earlier Defi is such a new environment that it is only normal that a lot of users and newcomers are not totally familiar to yield farming and staking opportunities. It sometimes feel’s like the Far West out there.

We are also aware of the tight complexity of MoneyTime’s tokenomic and functionalities, so we think it is important to give new and experiences users intuitive visual’s and tutorial to help them understand how to use and what are the benefit of MoneyTime.Finance and also to the whole bsc ecosystem overall. We will have a set of tutorials ready for the prelaunch and then we will publish some visual’s like short videos/anime, explanatory pictures and other content to publish around diverse the social media to reach a large audience and offer them clever content.

Part 3 – Quiz Results

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

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

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/MoneyTimeFinance

Twitter: https://twitter.com/MoneyTimeBSC

YSL.io x Satoshi Club AMA Recap from 21st of June

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends fromYSL.IO, a cutting-edge DeFi tool designed to OPTIMISE & AMPLIFY returns from yield farming platforms through sophisticated techniques. The AMA took place on June 21 and our guests was Hardev Dhillon, the Co-Founder of YSL.IO.

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


PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

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

Hardev️YSL.IO: Hello @madamlobster! Great to be here, thanks for having me!

Mary | Satoshi Club: We are happy to see you here as well! We want to know about ISL.IO as much as possible.

Hardev️YSL.IO: Look forward to sharing insights of YSL.IO with the Satoshi CLU₿ Community!

Mary | Satoshi Club: Could you tell us more about yourself and your role at ISL.IO and of course introduce us this awesome project.

Hardev️YSL.IO:  I’d be happy to! I am Hardev Dhillon, the Co-Founder of YSL.IO

‌I’ll begin with a brief background on myself; I’m a Certified Practicing Accountant (CPA) with a professional background in Finance, Accounting and Business, specialising in Financial Risk Management and Advanced Taxation (I love numbers!). I have broad experience across banking/accounting (HSBC, Westpac, KPMG, and Deloitte), which has allowed me to appreciate the importance of driving error-free standards for compliance, develop strategic plans for transformation, and create risk frameworks for the evaluation of a range of sectors/functions.

Simran Dhillon (@simran_ysl), is the other Co-Founder of YSL.IO. Just to give you a quick background on him; Simran has diverse professional background across IT and Business, and has notable industry experience with companies such as Microsoft and HSBC. More importantly, he is a crypto veteran that has garnered significant experience within the crypto space, both as a programmer and working in the background as an advisor for a number of Blockchain projects including Zencash (which is now known as Horizen).

In addition to @simran_ysl and myself, we have a dedicated team of 7 blockchain developers + 1 UI/UX designers that are focused on the development of our smart contracts and platform. Each of them are experts within their respective fields and are all busy working their magic behind the scenes ✨  to ensure we can deliver the best possible version of YSL.IO for our11k+ community. We also have a marketing team that are hard at work, drumming up informative materials that will help spread awareness of our unique concept. Here’s a quick overview of what YSL.IO stands for and some of our stand-out features:

YSL.IO 💎 = [ ⭐️ Yield + 💗 Staking + 🌊 Liquidity] = 🚀

YSL.IO is a cutting-edge DeFi tool designed to OPTIMISE and AMPLIFY the returns from yield farming platforms, whilst maximising the benefits of LOCKED LIQUIDITY to create a truly unparalleled token economy.

  • ‌Zero Platform Fees – YSL.IO does not charge a Deposit fee, Withdrawal fee or a Performance fee
  • ‌Novel Tokenomics – The governance token of YSL.IO (sYSL) is correlated to YSL-BUSD Locked Liquidity
  • Continual Growth in Locked Liquidity – Our protocol autonomously creates YSL-BUSD Locked Liquidity
  • Automated Buy-Backs – sYSL token holders and YSL-BUSD liquidity providers can stake their tokens to earn a share of the monthly buy-back.
  • Maximized APR (%) – Our protocol will OPTIMISE positions (held on AMMs) by 300%.

Mary | Satoshi Club: Thank you, very detailed intro did you develop ISL.IO for a long time?

Hardev⚡️YSL.IO: We’ve been working on YSL.IO since the beginning of 2021.

Mary | Satoshi Club: Why did you decide to create cutting-edge DeFi tool? Why this direction?

Hardev⚡️YSL.IO: The idea for YSL.IO initially started after of the emergence of number of product-focused systems popping up in DeFi, and @simran_ysl and myself found ourselves drawn to the inner-workings and mechanics behind these systems, inspiring us to build one of our own.  We both had a good understanding of the yield farming space, being ‘farmers’ ourselves, and decided early on that our concept had to not only be unique but also be able deliver real value to the BSC ecosystem. Our ethos was simple; provide value to a DeFi farmer and ensure long-term value for our native token holders. After months of trial and error, testing countless hypotheses and perfecting models, we created the unique protocol design of YSL.IO.

Q1 from Telegram user @Highpee

The private and public sale of $sYSL starts on July 1st and you said there will be no whitelist as everyone is welcome to participate. What token will user deposit in order to buy $sYSL and how long will presale last? On what platform will it take place? And since the first month of launch is tagged the Price Discovery Phase, which means $sYSL will have no price during presale, how will investors know the amount of $sYSL to receive and what will you use to differentiate private and public investors? How will you set the presale fund to be raised? And lastly, I read that bought $sYSL will only be released to investors 30 days after presale. Does it mean that there will be no way investors will able to interact with your protocol for the first 30 days of launch since only $sYSL can act as the governance token that grants access to your cutting-edge yield optimisation services and reward?

Hardev⚡️YSL.IO: A user can provide WBNB or BUSD, there is no presale only a private sale + public sale that lasts a total of 30 days. Public sale participants have a higher bonus multiplier and a higher min deposit. The sYSL will be available for withdrawal immediately after the price discovery (when the platform launches) not 30 days.

sYSL tokens will only be available to purchase after 30 days. Remember that sYSL is tied to YSL-BUSD liquidity, so once the platform launches and the TVL on YSL.IO increases, YSL-BUSD liquidity will increase, this will cause the price of the sYSL token to increase. SO DONT MISS OUT ON THE PUBLIC + PRIVATE SALE!

For all the details, please refer to our Gitbookhttps://docs.ysl.io/ysl-io/ysl-core-protocol/price-discovery-participation

Mary | Satoshi Club: Everything will happen on your site?

Hardev⚡️YSL.IO: That’s correct!

Here’s a preview of the sale page.

Mary | Satoshi Club: Got it! I like that everyone will have a chance.

Hardev⚡️YSL.IO: https://t.me/Satoshi_club/932002

That’s right! Our private and public sale is open to all, there’s no whitelist and everyone is welcome to participate! We are also running a referral bonus program during the price discovery phase, where you can earn 10% on the contribution made by those you refer. So if you were to refer someone that had a $60k contribution you would get back $6k worth of sYSL tokens at the end of the discovery phase.

Luis Merino 🇪🇸 | Satoshi Club: Can you share your tokenomics with us, please?

Hardev⚡️YSL.IO: Sure, so there are 3 key components to our token economy:

‌⚡️ YSL token – Utility 💎 sYSL token – Governance  🌊 YSL-BUSD liquidity pool – Held on ApeSwap Finance

The key thing to know about our tokenomic model is that the price of the sYSL token is tied to YSL-BUSD locked liquidity, and we have designed the YSL.IO protocol to create YSL-BUSD locked liquidity whenever a user interacts with the platform. In other words; as users begin to use YSL.IO, the TVL of the platform increases, the more YSL-BUSD locked liquidity is created, and the greater the price of the sYSL token! 🚀

YSL.IO TVL = YSL-BUSD locked liquidity = sYSL token price ⏫

The initial token supply for YSL & sYSL will be determined upon the conclusion of the 30-day price discovery phase.

The initial supply for the sYSL token will be dependent upon the amount of bonus value created from the bonus multiplier, the sum total of the referral bonus and the sum total of BUSD collected.

The protocol will mint YSL tokens equivalent to 50% of the BUSD collected (sent as liquidity to establish the YSL-BUSD pool on ApeSwap Finance), so the initial supply of the YSL token will be dependent upon the sum total of BUSD collected at the end of the price discovery phase.

All the details on our unique tokenomics model can be found in our Gitbookhttps://docs.ysl.io/ysl-io/ysl-core-protocol/tokenomics

Q2 from Telegram user @orlemys

 You have mentioned that YSL.IO will be fully operational at launch. Can you walk us through the steps for using your platform? You have also mentioned that there will be zero platform fees, zero deposit fees, and zero withdrawal fees. This is a bit confusing. How will you generate income for your holders? What are the exact benefits users get from holding your token long-term? Why haven’t we seen zero% fees like this from major protocols? What kind of methods/technology are you using?

Hardev⚡️YSL.IO: We have dedicated a lot of effort to ensure the design of our interface is not only engaging but is extremely user friendly to even the most novice of DeFi users.

✅ JUST DEPOSIT AND EARN – A user simply needs to deposit LP tokens into any of our active vaults and our protocol will handle all the heavy lifting of maximising your returns by 300%, it’s that simple! 👍🏼

✅ TUTORIALS –  We have created guided tutorials that provide easy-to-follow steps and walk you through how to use the platform 👉https://docs.ysl.io/ysl-io/more-information/tutorials.

Our protocols revenue is sourced from four aspects:

  1. Optimisation – An equivalent of 2% collected from the APR (%) of the token being optimized.
  2. sYSL exit fee -An equivalent of 2% collected when sYSL is sold.
  3. sYSL entrance fee – An equivalent of 2% collected when sYSL is purchased.
  4. Inflation block reward – 20% allocation, distributed on each block.

The revenue collected will go towards ongoing operational expenses, including maintenance/development of the protocol, remuneration for engineers/developers, and to cover expenditures for ongoing audits and marketing. The mechanism behind how these are collected can be found in our Gitbook (👉https://docs.ysl.io/ysl-io/)

It’s important to note that those that stake in the sYSL vault & YSL-BUSD vault will also benefit from these four aspects:

  1. Optimisation – An equivalent of 8% collected from the APR (%) of the token being optimised – Contributed to the MONTHLY BUY-BACK.
  2. sYSL exit fee -An equivalent of 8% collected when sYSL is sold – – Contributed to the MONTHLY BUY-BACK.
  3. sYSL entrance fee – An equivalent of 8% collected when sYSL is purchased –  Contributed to the MONTHLY BUY-BACK.
  4. Inflation block reward – 80% allocation (50% to the YSL-BUSD vault & 30% to the sYSL vault), distributed on each block.

So all sYSL holders that stake their tokens in the sYSL vault will benefit from the automated monthly buy-back, as well as YSL-BUSD liquidity providers that stake their LP token in the YSL-BUSD vault.

These are the benefits of holding the sYSL token in the long term:

1️⃣ Block Rewards!

As mentioned before, those that stake in the sYSL vault and/or YSL-BUSD vault will earn a share of the AUTOMATED MONTHLY BUY-BACK and INFLATION REWARDS that are distributed on each new block! 🤩

2️⃣ sYSL is tied to YSL-BUSD locked liquidity!

As the TVL of the platform increases with more users, the more YSL-BUSD locked liquidity is created, the greater the price of the sYSL token! 🚀 Not only that, the increase in locked liquidity will also create a progressive price floor for the token and mitigate its exposure to price volatility!

YSL.IO TVL = YSL-BUSD locked liquidity = sYSL token price ⏫

3️⃣ Cross-Chain Airdrops!

Each time we launch onto a new chain we will airdrop 15% of the new token supply to those staking in the sYSL vault.

Hardev⚡️YSL.IO: strategy 2 however will require the user to have a certain amount of aYSL tokens. Here’s a great article by BSC times that explains everything you need to know 👉https://bsctimes.com/ysl-io-optimising-amplifying-your-farming-returns/

Q3 from Telegram user @victorogb

YSL through it innovative and novel optimization and amplification features offers a user breathtaking returns on third party tokens up to 300%. With emphasis on YSL’s amplification feature, where a user’s optimised returns can be amplified via two strategies; 1% APR optimization for Strategy 1 and an additional 100% APR optimization for Strategy 2, can you explain how the protocol effectively carries out these operations, and why is there a huge disparity with optimised APR returns with both strategies, why is the amplification token (sYSL) only issued to users who utilise strategy 2, and can a user simultaneously utilise both strategies?

Hardev⚡️YSL.IO: I’ll keep my answer brief this time 😅. Strategy 2 consists of different tiers which will see a user’s farming APR boosted by a minimum of 2% to a maximum of 100%. Activating strategy 2 however will require the user to have a certain amount of aYSL tokens. Here’s a great article by BSC times that explains everything you need to know 👉https://bsctimes.com/ysl-io-optimising-amplifying-your-farming-returns/.

Mary | Satoshi Club: Which will be minimum amount of aYSL to apply for strategy 2?

Hardev⚡️YSL.IO: The amplification APR (%) for Strategy 2 starts at 2% APR.

To attain the +2% APR a user must hold aYSL tokens equivalent to 8% of their TVL held on YSL.IO (excluding the sYSL and YSL-BUSD vaults).  So for if your TVL is $100, you’d need to hold aYSL tokens equivalent to $8 for the +2% APR If a user provides a lower amount, the protocol will activate Strategy 1 by default.

Mary | Satoshi Club: Will users be able to get aYSL tokens only with WBNB or BUSD in liquidity pool or you can add more currencies?

Hardev⚡️YSL.IO: We have a guided tutorial on how to obtain aYSL tokens for Strategy 2 here https://docs.ysl.io/ysl-io/more-information/tutorials/how-to-amplify/strategy-2-amplification

Q4 from Telegram user @Asela1112

I read about a big partnership with Peanut trade platform on your medium article, gives an airdrop to $NUX holders and autonomously creates YSL-BUSD locked liquidity. Only 9 days left to YSL.IO vaults to go live. So what are the limitations & eligible Conditions to participate NUX community airdrop on 30th of June? How will NUX community earn sYSL optimisation block rewards? As well as I’m curious to know, why did you give this airdrop to $NUX community besides your own YSL.IO community? How do you deploy innovative methods & strategies to be well established platform with peanut trade platform? How do YSL.IO community feel about this great Partnerships? Will there be more partnerships in future within YSL.IO platform?

Hardev⚡️YSL.IO: That’s right! we formed our first-ever strategic partnership with peanut.trade, whereby NUX-BNB liquidity providers will be able to benefit from our protocols novel optimisation function that autonomously creates YSL-BUSD locked liquidity, and we decided to show our appreciation by airdropping sYSL tokens to the NUX community.

To be included in the airdrop, NUX token holders are required to hold a minimum balance of 100 NUX at the time of the snapshot. The snapshot will be conducted on June 25th 12pm (UTC).

I’m not sure if you had a chance to read our latest medium article 👉https://medium.com/ysl-io/ysl-io-x-apeswap-buidl-partnership-the-big-guide-9ebb93503b47

We were lucky enough to have been accepted into the ApeSwap BUIDL program!  This is huge for YSL.IO in terms of increasing the awareness of our project, as they have a growing user base of over 400,000! Not only that, it will enable us to connect and form meaningful partnerships with other projects within the ApeSwap ecosystem!  You can also see the announcement the most recent #BUIDL newsletter 👉https://ape-swap.medium.com/buidl-newsletter-003-56f12fc0237c.

Mary | Satoshi Club: http://peanut.trade  our old friends I love this project.

Q5 from Telegram user @Ashia_24

The YSL.IO smart contracts will be deployed onto the Binance Smart Chain (BSC), As we all know, the majority of BSC projects are rug pulled, but why did you decide to develop on the BSC platform? What distinguishes you from other BSC projects? Have you considered expanding or developing your system on other networks such as Ethereum, Polkadot etc.?

Hardev⚡️YSL.IO: A lot of projects nowadays promise magic with just a whitepaper, but we believe in putting the horse in front of the cart and not the other way around 😂,

YSL.IO will be a full product launch! Our platform will be a fully operational with live vaults and will launch regardless of what is raised during our private & public sale, that’s one aspect that distinguishes us from other BSC projects The principal factor BSC was chosen as a prime location for the YSL.IO smart contracts, is the lower relative cost associated with gas fees. As a result, the protocol will have the capability to make more interactions and perform far more elaborate techniques than would have been possible on the Ethereum chain.  Having said that, we do anticipate a cross-integration with Ethereum in the near future once the current network congestion issues have been addressed. Until then, we have scheduled for a cross-integration with Polygon in Q4 2021!

You can find more details of what we’re planning in our roadmap 👉https://docs.ysl.io/ysl-io/protocol-governance-1/roadmap.

Mary | Satoshi Club: What about security audits? Did you already pass one?

Hardev⚡️YSL.IO: Great question, it’s important to remain vigilant given the recent hacks and exploits within the BSC ecosystem.  Our protocols core system architecture and smart contract logic will undergo MULTIPLE EXTERNAL AUDITS before launching.  We plan to engage with well-known and reputable parties such as Certik and Zokyo.

Q6 from Telegram user @yellowchamp

In your roadmap, you aim to launch a YSL.IO Governance Integration, this coming 3rd quarter of 2021 in which you will have a preliminary version at early 3rd quarter and you will have a comprehensive version at later part. So, could you give us an advance idea about this Governance Integration that you are going to launch? Why you are dividing this into two versions? What can we expect with this community governance Integration with YSL? What will be the function and part of the community and holders in terms of decision-making and proposals in your platform? Do you plan to incentivise YSL holders and community if being actively participated with this community-governance integration? Thank you.

Hardev⚡️YSL.IO: The primary reason we have decided to do this is because the decentralized autonomous organization (DAO) model fundamentally requires an active community, the first phase of the community-governance function requires the establishment of a ground community, and this community will take time to establish.


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 @ktzieceee

I noticed that you held and will be holding multiple AMAs. What specifically are you promoting and how can the community and the AMA’s could help the YSL.IO projects?

Hardev⚡️YSL.IO: CAKE APY YIELDS (15/06/2021)

  • YSL.IO: 226.66%
  • Merlin: 200.63%
  • Beefy Finance: 111.42%
  • Autofarm Network: 110.14%

These are the sort of yields you can expect once we launch

Q2 from Telegram user @obulin

In the first segment of the AMA, you said ‘to be included in the airdrop, NUX token holders are required to hold a minimum balance of 100 NUX at the time of the snapshot.’ Where can I buy NUX token to participate in the sYSL token airdrop?

Hardev⚡️YSL.IO: You can purchase NUX form here:

Pancake: NUX/BNB

(https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x6d8734002fbffe1c86495e32c95f732fc77f6f2a) Uniswap: NUX/ETH.  (https://v2.info.uniswap.org/pair/0x83054b25b21d1f3a2b96e8e3803dbd4921358d52) Gate: NUX/USDT.  (https://www.gate.io/trade/NUX_USDT) Gate: NUX/ETH

 (https://www.gate.io/trade/NUX_ETH) Hoo: NUX/USDT (https://hoo.com/spot/nux-usdt)MXC : NUX/USDT (https://www.mxc.com/trade/easy#NUX_USDT)

Q3 from Telegram user @ronaldo_super

What is special about YSL.IO Vaults? Why we should wait for it?

Hardev⚡️YSL.IO: Highest APYs whilst locking away YSL-BUSD liquidity:

Our protocol has been designed to maximise the returns of third-party tokens through the creation of locked liquidity, optimising the APR (%) of positions held by users on AMMs (such as ApeSwap and PancakeSwap) by 300%!

For example – It will increase the APR of a user’s CAKE-BNB position on PancakeSwap from 58.29% to 173.67%!

Q4 from Telegram user @Rakshitx5

Is it not it will be the wrong decision to launch the project in this bear market? Every coin going down whether good or bad. How do you see this?

Hardev⚡️YSL.IO: I strongly believe that the key to real success as a token is to have the fundamentals down in terms of long-term stability and value for native token holders – something I’d say isn’t present in many of today’s tokens.

We have achieved this by designing a truly unique Tokenomics model that revolves around our protocols novel capability of autonomously creating YSL-BUSD locked liquidity. The benefit of this novel design is that even during a bear market, our optimisation function will be even more attractive due to its ability to provide high yields.

As during a bear market, farmers would likely switch their positions to stable coins which typically have low APR (%), and platforms that are able to offer greater returns on stable coin positions will increase in demand. For example; the BUSD-USDT farm on ApeSwap Finance currently yields an APR of 14.66%.  Traditional optimisation (harvesting + compounding daily) would only result in an APY of 15.79%.  Whereas YSL.IO optimisation is capable of obtaining an APY of 42.78% 🚀

This will not only guarantee our survival during a bear market, but will increase our market share + TVL. And as the TVL of the platform increases with more users, the more YSL-BUSD locked liquidity is created, the greater the price of the sYSL token! 🚀

⏫ YSL.IO TVL = YSL-BUSD liquidity =  ⏫ sYSL token price

Q5 from Telegram user @Xusuo

You will give airdrop sYSL token to your community, but if you don’t mind please share all the function that sYSL token have in your ecosystem. Can you mention all the benefit by having sYSL token?

Hardev⚡️YSL.IO: Governance –  sYSL tokens will operate as the governance token for the YSL.IO platform, token holders will be able to vote on various proposals once the community-governance function is integrated. Staking – sYSL token holders will be able to stake their tokens in our sYSL vault.

Q6 from Telegram user @Asela1112

YSL.IO =(Yield+Staking+Liquidity) =🚀 provide optimistic & profitable mechanisms, without mitigating the price volatility for their community through the locked liquidity protocol. So it seems to be long term project consist with more incentives. How do you optimise & amplify yield farming for the investors? Can you tell us more details about sYSL vault & YSL- BUSD vault, needed for the staking? How long will the liquidity pool be locked? Is there AMM in your pool system to avoid mitigating $YSL price? So basically please explain how will these three scenarios implemented with an interconnection?

Hardev⚡️YSL.IO: Liquidity which is created by the protocol will be locked away for 1000 years 🦾 furthermore we have partnered with ApeSwap to help with any potential migration of these locked tokens. So our sYSL price will remain SAFU.

Q7 from Telegram user @BJosefina61

How much fee do vaults take from users? and how many vaults do you plan to open for users in the short term?

Hardev⚡️YSL.IO: ❌ ZERO SWAP FEES

❌ ZERO DEPOSIT FEES

❌ ZERO WITHDRAWAL FEES

❌ ZERO PERFORMANCE FEES 

‌ApeSwap and PancakeSwap farms will be offer at launch.

Q8 from Telegram user @Sumione

Your platform has a zero fees for now. is it possible that Will you add some fees in the future or not?

Hardev⚡️YSL.IO: Zero fees for the user will remain until the community governing the protocol vote against it or for it.

Q9 from Telegram user @mobilejii

I cannot find any initial circulation supply tokenomics of YSL and sYSL which is really confusing. who know this?

Hardev⚡️YSL.IO: The initial token supply for both tokens will be determined upon the conclusion of the price discovery phase.

The initial supply for the sYSL token will be dependent upon the amount of bonus value created from the bonus multiplier, the sum total of the referral bonus and the sum total of BUSD collected.

Given that, the protocol mints YSL tokens equivalent to 50% of the BUSD collected (sent as liquidity to establish the YSL-BUSD pool on ApeSwap Finance), the initial supply of the YSL token will be dependent upon the sum total of BUSD collected at the end of the price discovery phase.

Furthermore, the YSL.IO contract has no set maximum supply for the YSL token. This stems from the protocol’s core objective of maximizing the benefits attributable to locked liquidity. With this in mind, the protocol has been uniquely designed to ensure there is a perpetual growth of YSL-BUSD locked liquidity. Given that the formation of locked liquidity fundamentally requires the protocol to mint YSL tokens; it would be counterintuitive to have a capped supply for the token, as this would effectively place a limit on the amount of locked liquidity that can ever be created. Similarly, there will be no set maximum supply for the sYSL token, as having a limit on the supply will restrict the creation of locked liquidity. This is because, whenever a user decides to purchase an amount of sYSL tokens, locked liquidity will be created equivalent to 200% of the purchase value. This essentially will have a domino effect on the amount of sYSL tokens that will be minted, as the increase in locked liquidity will lead to the sYSL token appreciating. Having said that, it’s worth noting that the circulating supply after the price discovery phase will also be influenced by several other factors. These factors include the utilization of the amplification function, platform referral activity and overall demand for the protocol.

Q10 from unknown Telegram user

Hardev⚡️YSL.IO:


PART 3, QUIZ AND INFO

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

Our Partners:

Sonarplatform x Satoshi CLUB AMA Session 26 Jun 2021

PART 1. Introduction of Sonarplatform project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about the next-gen crypto tracking dashboard.

Sonarplatform is finally bringing all relevant data and crucial tools you need to DYOR under a single comprehensive solution.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

Gold Rocket | Satoshi Club – @GoldRocket27

The Representative of the project:

Cristiano | Sonar CIO – @stoma_cake

Mike CFO/ Sonarplatform.io – @Umphman

Jacob (JTC)- Sonar CEO – sonarpl – @Jtc_10

Introduction of Sonarplatform project.

Mary | satoshi club:

Hello satoshi club! We are happy to announce our ama session with Sonarplatform! Welcome to satoshi club😀

Gold rocket | satoshi club:

Hello again, dear satoshi club community! Today our guests are @stoma_cake @umphman @jtc_10!

Mike cfo/ Sonarplatform.io:

Hello to everyone and thanks so much for having us. It is a real pleasure!

Mary | satoshi club:

Hello, mike! Happy to see you here 👍 how are you?

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Hello guys 😀

Gold rocket | satoshi club:

Hello and welcome to satoshi club, @stoma_cake @umphman @jtc_10!❤️

Cristiano | sonar cio:

Hello! Tx for the fantastic opportunity

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We’re good thank you

Mary | satoshi club:

Welcome here, Jacob!🤩

Cristiano | sonar cio:

Very good 😊

Gold rocket | satoshi club:

Thanks for joining guys!

Mary | satoshi club:

Hi, Cristiano!  👏 So, everyone is here, and we can start our ama 🚀

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Yes 😄

Mary | satoshi club:

Let’s start with intro 😄

Gold rocket | satoshi club:

Introduce yourself please. How did you get to be involved in crypto & Sonarplatform? Tell us please about your position in Sonarplatform?

Mary | satoshi club:

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

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We are a group of 11 founders, a multinational team aiming at creating a safer investment space for traders. The sonar platform is a multi-chain cryptocurrency analytical ecosystem, which intends to incorporate a  multitude of analytical tools into one, user-friendly platform. The platform intends at facilitating trading and is practically a tool made by investors for investors. Whilst our cio and cfo will get into more detail regarding the tech and blockchain aspects, we have always intended the platform to be a way to help investors make the right choices and feel safe/comfortable about their investment decision.

I am Jacob, the CEO, and I am widely experienced in project management, planning and have several years’ experience in cryptocurrencies

Gold rocket | satoshi club:

Oh! We would like to know more about your team. Who is on the project team core?

Mary | satoshi club:

That’s what we all need😄 how old is your project? Why this direction?😄

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We started forming our project around 3 months ago, but we launched the token on the 18th, so one week.

Mike cfo/ Sonarplatform.io:

Hello and thank you. My name is Michael wood. I am the chief financial officer. I’m a classically trained forex/derivatives/commodities market analyst as well as the director of a multinational charity which provides end-to-end traceability and transparency for 1000’s of smallholder farmers around the world. My experience with blockchain involves designing comprehensive decision modeling terms for small to large cooperatives involving tracking ecological, social, economic, and logistics all in one ecosystem. This core experience drives the core foundations of the core features of sonar which we are to discuss in more detail later.

Gold rocket | satoshi club:

You’re very young project 😊

Cristiano | sonar cio:

A couple additional details about me: i’m chief innovation officer and the original UX designer, now I lead the product team – I have +20y of experience in the field of design and have been specialized in UX for the latest 12yrs – won a few apple Appstore awards during this period (best app of the year in productivity 2012, a few bests of the months, several features as editor’s choice)

Mary | satoshi club:

Awesome experience 🙂 I see you, guys, are not anons, right? Because it’s very fashionable now to stay anonymous

Jacob (jtc)- sonar ceo- Sonarplatform.io:

No, we have not only completely doxxed and shown our linkedn profiles, but we have also KYC ‘d with other groups. Furthermore, we intend to incorporate as a company as soon as possible.

Gold rocket | satoshi club:

You have a great background guys for a new crypto business🚀 Where is your office located?

Mary | satoshi club:

You’re opened to your community, and I am sure they appreciate this!

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Our company will be incorporated within the EU.

They surely do, we have an excellent community that trust us and love our project.

Gold rocket | satoshi club:

Thanks for the introduction, we will have a question selected for the part 1. Ready to start?

Mike cfo/ Sonarplatform.io:

Absolutely.

Preselected questions about the Sonarplatform DeFi project.

Gold rocket | satoshi club:

Q1 from telegram user @jonahapagu

The sonar platform is said to be an ai driven data aggregation suite which monitors the BSC and Ethereum networks (pancakeswap, uniswap) in real time, and meta-data is gathered and analyzed automatically and fed into your easy-to-use interface… as a data aggregation suite, a lot of data goes into your platform from the numerous sources you monitor, how do you ensure that all this data are transmitted and used in a secure way, and what kinds of data does your ai algorithm aggregate from the BSC and Ethereum networks..

Mike cfo/ Sonarplatform.io:

Absolutely. The data itself is available is pulled from various sources, although we are unable to disclose that do to intellectual property protection (i.e. Protecting sonar holder investments). However most of the data required for this is retained in a public-facing format, which can handle normal encyrption. However, as soon as it connects to web3 functions, there are absolutely extra layers of security provided to ensure connection between wallets and the web3 app are maintained. Specifically, we are in the process of onboarding whitehats that come from some of the largest investment banks in the world for this purpose.

Cristiano | sonar cio:

Also, our platform aggregates data not just from the blockchain but also from social networks and more – we are linked to a very wide set of datapoints via apis for rt data and gathered historical data from other sources we can’t share right now

Mary | satoshi club:

Yes, I saw that you are tracking influencers. How do you choose whom to track?

Cristiano | sonar cio:

Well, the first criteria is outreach, but we don’t just look at the raw number of followers or like, but we analyze channels with proprietary tech to measure whether it’s fake or real engagement

We have other criteria but we need to keep some details secret until launch – I hope you’ll understand.

Mary | satoshi club:

When do you plan to launch Sonarplatform?

Cristiano | sonar cio:

Our plans see the first public version out for q1 2022, but before that we’ll launch the other gem from our ecosystem – sonar wallet.

Mary | satoshi club:

Wow! Super 👍

Gold rocket | satoshi club:

Thanks for your answers 🙂 ready for the next question?🚀

Cristiano | sonar cio:

(Just 1 more thing: our holders will be the first to get access to the beta, which will arrive before public release)

Gold rocket | satoshi club:

👍 great news

Mary | satoshi club:

It’s really good incentive to hold😉

Gold rocket | satoshi club:

Q2 from telegram user @h1drx

The third quarter of 2021 started about a month ago, however, according to your roadmap, you have not completed the activities of the second quarter, are you experiencing problems with the last three activities of q2? This could delay future project plans, why has the listing on coingecko, coinmarketcap, blockfolio, logo on web3 wallets and pcs and audit through techrate auditor taken so long?

Cristiano | sonar cio:

Yeah sorry – that was actually a typo on our website (you can see it has been corrected already). As you know we just launched.

Jacob (jtc)- sonar ceo- Sonarplatform.io:

No, we will not experience delays, we are already listed on coingecko, applied for cmc and blockfolio, logo is present on web3 wallets and pcs

Cristiano | sonar cio:

So, it was meant to be q3, q4 then q1 2022

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Audit through techrate is pending as well. We already applied and have given the necessary info and we are waiting from them to finalise

Mary | satoshi club:

Yes🙂 it’s not easy to reach this goals in so short term

Jacob (jtc)- sonar ceo- Sonarplatform.io:

So, in reality we are in line with the roadmap.

Mary | satoshi club:

Are you planning more audits in the future?

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Yes. We are actually ahead of schedule, just waiting from techrate’s side as well as cmc. We are planning a full Certik audit. But this audit takes at least 4 weeks to be carried out. So, we will have to wait for that.

Mary | satoshi club:

I wish you good luck with everything! 👍

Mike cfo/ Sonarplatform.io:

Absolutely. We have Certik planned after our techrate audit returns. There will be audits on our features to be added as well (e.g. Bridges, staking, etc.)

Mary | satoshi club:

I like this, of course it doesn’t give 100% guarantee, but for sure you will feel much safer. Thank you for your answers, guys! Ready to proceed?

Mike cfo/ Sonarplatform.io:

Yes, absolutely. Well, we want to be as open, honest, and secure as possible.

Gold rocket | satoshi club:

Excellent job 👏

Jacob (jtc)- sonar ceo- Sonarplatform.io:

I want to add that we want to engage the community. We have opened a chinese, italian, german and indonesian chat. We have just opened an arabic chat and we intent to expand through russian and turkish channels as well.

Gold rocket | satoshi club:

Do you have an ambassador program.

Mary | satoshi club:

So many communities, really international project!

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We are already doing that ourselves. Some of our key and biggest investors are also helping us expand. They belive so much in our project that they are putting their soul into it. And are acting as ambassadors themselves.

Gold rocket | satoshi club:

Thanks for your answers! So, let’s go with next question🚀

Gold rocket | satoshi club:

Q3 from telegram user @sotiy97

Sonar has three level structures (tier-0, tier-1 and tier-2), from tier-1 the extra benefits of the sonar platform are obtained, but in order to be in tier-1 the user must be the holder of minimum 250,000 $ping. I managed to see in your q2 that you made a pre-sale, could you tell us what was the price listed in the pre-sale of $ping, and you plan to make more than one pre-sale, for those people who cannot participate and thus achieve $ping ? And I am interested in knowing how beneficial it is for the users to be in tier-1 or tier-2? And how does this system of classification by level help or allow greater benefits to the sonar ecosystems? What are the incentives that motivate users to want to enter tier-1 or tier-2?

Cristiano | sonar cio:

Users in different tiers will get access to increasingly advanced features, and those from higher tiers will definitely gain an unfair advantage – we’ll share more details about what specific features will be included in the tiers very soon, but meanwhile I want to add that we will provide access to a basic set of functionalities to all people.

This is a crucial part of our acquisition strategy and will be true for both wallet and analytics platform.

Mary | satoshi club:

Can you tell us which features will be available for different tires?

Cristiano | sonar cio:

To mention a few features available only to holders: advanced conditional alerting, community, wallets and tx tracking

Mike cfo/ Sonarplatform.io:

The pre-sale price was $0.000222, and the opening price was $0.0002500.  The current listing of tier staking requirements will be adjusted according to the market price of the token so as not to “outprice” investors who seek the more advanced tools. One thing to note is that the staking requirements for the higher tiers is absolutely critical. The services and tools provided at the higher tiers are high-functioning trade tools which would normally carry a transaction cost. So in order to ensure that sonar token value is protected, the more advanced features available to token holders must support the stability of sonar.

The features of sonar are both vast and varied, though they cascade unto each other to form a robust analytics, trade execution, and enhanced investment platform.

For instance, the first stage of sonar is to provide investors with an all-in-one platform to perform all the leading DYOR functions for coins in the Binance  smart chain. Features such as rug screens, honeypot identification, liquidity lock checks, contract ownership checks, whale/bot tracking, social media presence tracking/impact, and more…

Sonar is also delivering a secure, non-custodial wallet service which provides portfolio data which investors are currently unable to access, i.e. Profit/loss data for individual and portfolio investments,

Then, the sonar will implement a bridge to other chains including Ethereum. Sonar holders will be able to not only interact with Ethereum, but able to capture staking/yield farming/etc. Opportunities which are inaccessible on the Binance smart chain. This feature also contains many of our “secret” programs which will be launched and integrated into the sonar holders’ bag of tools to increase profit opportunities in non-traditional, but highly profitable crypto spaces.

After successful adoption of these services, sonar will be offering market-maker level trading tools for the investor, whether small or large. These include risk/volatility identification, price action updates/notifications, grid trading, trailing profit/stop-loss functions, risk management features/guides (e.g. Recommended position size for a given asset), price projections/pattern recognition using algorithmic-based machine learning technical analysis and more…

Gold rocket | satoshi club:

Which feature of your amazing wallet are you most proud of?😊

Mike cfo/ Sonarplatform.io:

For me, I am most proud of the trading tools. Coming from a forex background using mt4 and trading terminals…i am used to being able to access advanced tools that retail traders aren’t able to access. Essentially, it’s not fair. I am very happy to be able to help bring these tools to the people. Whether you have $5, $10, $50, or $1m, you should have access to these tools to secure a better financial future for you and your family.

This includes the bridge to other chains, allowing sonar holders to access profit opportunities on other chains via their sonar holdings

Gold rocket | satoshi club:

This is a truly unique solution👏👏👏

Mary | satoshi club:

Yes, you’re right😄

Cristiano | sonar cio:

That’s a difficult question… But for me more than a specific feature I would say the deep care for detail of the UX that really make any other feature shine

Gold rocket | satoshi club:

Absolutely👍Thanks for your detailed answers😊

Mary | satoshi club:

When bridges will be available?

Mike cfo/ Sonarplatform.io:

These will be built sooner than later. We are actively building the pools necessary for this to take place, so as soon as we hit certain targets, we can deploy the access to other chains

Gold rocket | satoshi club:

Ready to jump to the next question?

Mary | satoshi club:

We will be waiting for this! 🎉

Gold rocket | satoshi club:

Q4 from telegram user @andrey_seleznov

Hi sonar!

Please tell us more about sonar’s contract analysis module. I read that sonar contract security scan searches for the latest known scam functions and exploits, and compiles a digestible report detecting positive aspects as well as an extensive list of security threats that can be found in scam contracts. How exactly do you do that, is it fully automated and real time or do you manually pre-generate these security reports? Do you also decode changes that may be waiting in the timelock queue that may negatively affect the smart contract? Thank you!

Mary | satoshi club:

Interesting question 😃

Mike cfo/ Sonarplatform.io:

Yes.  This is one of the reasons we are onboarding whitehat security professionals and full-stack developers. Whilst there is a known dataset that has the latest functions/exploits, we still aim to be proactive in this space. Some key partnerships currently being explored also seeks to enhance this real time contract security analysis ability as well.

Mary | satoshi club:

So, you will have some kind of audit department?

Cristiano | sonar cio:

Regarding the usability part, so how data is presented to our users, we are making the process easy for the less savvy investors by putting everything into very simple terms and frame any aspect with clarity – additionally providing explanations/description for each indicator (so somehow providing the chance to progressively learn)

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Absolutely. Having an audit department is part of our short to medium term plans. And will be reflected on our platform.

Mary | satoshi club:

Tell me, if a scam does happen, will you take any responsibility in front of your users?

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We are not giving financial advice and we are not financial advisors. Our platform intends at simplifying and digesting information in a way which is more understandable to the amateur user, and consequently lead to an increased possibility of a safer investment. However, it is still the investor’s responsibility to ‘Dyor’.  If there is a scam, we will obviously identify it as a scam once confirmed.

Mike cfo/ Sonarplatform.io:

Think of sonar like a life jacket on a ship. If the ship goes down, you still need to be able to swim, but the lifejacket gives you a fighting chance. And for those who don’t know how to use a life jacket, we’ll show you how to put it on and  use it properly.

Mary | satoshi club:

Very nice comparison 👍 thank you for your answers! Ready to go to the next question?🥳

Mike cfo/ Sonarplatform.io:

Sure thing.

Gold rocket | satoshi club:

Thanks for your answers 😃

Q5 from telegram user @luk4jah

Sonar aims to provide investors with an all-in-one platform to perform all the leading Dyor functions for coins in the Binance smart chain. Features such as rug screens, honeypot identification, liquidity lock checks, contract ownership checks, whale/bot tracking, social media presence tracking/impact. We all know that on a daily basis many cryptocurrency projects are being launched on both the Binance and Ethereum blockchains, how do you plan to stay up to date with the new tokens and coins that launch on these blockchains? You are starting your project on the Binance chain, do you plan to expand to other blockchains like Ethereum, polkadot, polygon, heco? What are the parameters or tools will you use to make your project different from other crypto tracking platforms?

Mary | satoshi club:

Partially answered 😃

Gold rocket | satoshi club:

Yep 😊

Cristiano | sonar cio:

Regarding parameters, we are measuring engagement by analysing activity indicators (likes, retweets, mentions, etc… Depending on the specific platform) both from within a token’s community own channels but also from other channels which are not dedicated to a single token such as crypto-related reddit channels or prominent influencers for instance

Mike cfo/ Sonarplatform.io:

From the outset, yes. We chose BSC specifically because of the number of scammers out there. We felt it ethically important to tackle this space then expand to the other chains. We absolutely will be bridging across both to provide the same services we have mentioned as well as to provide access to investment opportunities on chains with larger liquidity pools and or chains with new investment strategies available.

Mary | satoshi club:

I heard that Matic is also popular among scammers nowadays.

Mike cfo/ Sonarplatform.io:

Yes. And we will see natural cycles of scammers. I must admit that polygon is on my immediate radar not only for this factor, but also the flexibility for creating interesting investment vehicles within their architecture.

Mary | satoshi club:

As an ordinary user which info will I be able to find on your platform? Did you prepare some guides how to use it?

Cristiano | sonar cio:

This additional deep analysis of community growth and sentiment, paired with the more common indicators coming from the blockchain, give us a more holistic set of data upon which our ml algorithms are able to find new kind of patterns.

Mary | satoshi club:

I definitely will try it when it goes live😉

Cristiano | sonar cio:

Thanks for the question, you touched a point which is paramount for us and will act as a key differentiator for us in the space – as you might have experienced there is little to no support also with enormous projects like crypto.com, Celsius etc… We are here to change that.

First, a very thorough and comprehensible guide will be published for all the products from our ecosystem at launch

Secondly but more importantly, we are planning to have incredible costumer support with “excessive” 24h coverage as well

Mary | satoshi club:

That’s great! It will make our interaction with Sonarplatform much easier!

Cristiano | sonar cio:

What many projects really don’t understand. Is that customer support is user experience. All those project saying they have great UX, but no support, really they only have great ui

Mary | satoshi club:

Yes, this is a painful question for many of them

Cristiano | sonar cio:

Covering their shortcomings with a nice coat of paint

Gold rocket | satoshi club:

We live off our clients’ money. 😉

Cristiano | sonar cio:

I hope I don’t come out arrogant or rude, but I have this to my heart 🙂

Mary | satoshi club:

Thank you, guys for detailed answers! Ready for the 6th and last question from this part?😉

Cristiano | sonar cio:

Born ready 😉

Gold rocket | satoshi club:

Q6 from telegram user @id_qi86

With a welfare exclusive to $ping token holders, is sonar sponsored exclusively by ping? Could you tell us more about this relationship? How does sonar deal with obstacles to accessing de-fi services: liquidity being fragmented to various protocols and services, trade fee, subpar ui/UX and high gas cost with on-chain transactions? And will sonar integrate into the BSC market and become part of the Binance  nft market soon?

Jacob (jtc)- sonar ceo- Sonarplatform.io:

Whilst at the moment sonar is being sponsored directly through ping, this will not be the only revenue in due time. For example/ the platform itself will serve for advertisement revenue .

Mary | satoshi club:

Which kind of advertising will you have? Won’t it be annoying for your users?

Mike cfo/ Sonarplatform.io:

One thing to understand as well is the tax rate helps to set aside funds so we can build out necessary liquidity pools on other chains. This is crucial, as the investment opportunities we have lined up for sonar holders serves as a real non-sonar investment income. I.e. Sonarians could gain profits from interacting with other investments (and sonar).

Gold rocket | satoshi club:

Excellent benefits

Jacob (jtc)- sonar ceo- Sonarplatform.io:

By having a couple of banners, it shouldn’t be annoying. The projects advertised are going to need to be audited by us first.

Jacob (jtc)- sonar ceo- Sonarplatform.io:

We won’t advertise just anything.

Gold rocket | satoshi club:

Thank you very much for the great answers! 🙂

Mary | satoshi club:

Cool👏 than we are with you😉

Gold rocket | satoshi club:

Are you ready for the most impressive part of our ama? Live questions.

Mike cfo/ Sonarplatform.io:

Strapped in and ready for the ride.

PART 2.Questions about the Sonarplatform 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 Sonarplatform 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 @Karoceh

I’m interested in participating in the beta. How much $PING minimum i need to hold to get access to the beta? and what other things do I need to prepare to participate?

Cristiano | Sonar CIO:

Every holder will get access, there will be a required minimum to access the best features just after the launch – this way we’ll give more people the ability to actually test and fall in love with our platform.

Q – 2 from a telegram user @Korryl

So I read about your tokenomic that sonar will spent 2% tax to Sonar Innovation Lab Wallet, can you explain what activity it will have in there? Do the tax use for new development or innovation for sonar project? 

Mike CFO/ Sonarplatform.io:

The innovation tax is, for me, the most interesting one. This is where we build the cross-chain benefits for Sonar holders. PING token itself will serve not only as the gateway to access the tools we are developing to protect and enhance your current investing and trading strategies, but will provide access to upcoming investment vehicles that will span multiple chains. This specific capability uses the best emerging technologies, constantly evolving and improving, which allow Sonar to interact in novel and unexplored ways in which crypto has yet to offer to today’s cryptonaut.

At this point, it must be understood these methods are kept close to our collective chest as we want to ensure that PING holders are the first investors to access these profit-making opportunities which are untapped, have incredible upside potential, and will be absolutely game changing in the crypto and physical investment universe.

Q – 3 from a telegram user @Abdullahmia

You launched your project about 3 months ago. But you launched your token about 1 week ago? Why so late?

Cristiano | Sonar CIO:

we actually launched our project ALONG with the token, not before – so last week

Q – 4 from a telegram user @boradam

What do you think about NFT’s? Do you plan to create any NFT packs in the future?

Cristiano | Sonar CIO:

definitely, we’ll have partnerships with big artists in this regard for the Wallet launch (which sports a beautiful NFT gallery)

Q – 5 from a telegram user @Pratze

As we know NFT is really booming this year, how about Sonar platform project? Do you have plan regarding NFT in the future? Or maybe another DeFi feature like farm and stake?

Mike CFO/ Sonarplatform.io:

We have an INCREDIBLY innovative way to interact with NFTs. In short, we will absolutely be interacting with NFTs on multiple chains, but it will not be in the traditional sense that we currently see now. We’ve been developing NFT use for very specific, and profitable relationships which will exclusively be made available to Sonar holders. I can’t say more now as we are now the only group looking at NFTs in this way, and we want Sonar holders to be the first investors to realize returns in this manner.

Q – 6 from a telegram user @Strawberry1999

There are 5 core issues prevalent in crypto and blockchain: Excessive Volatility, Security, Scalability ,Interoperability, transaction speed. How do your plan to overcome these issues?

Mike CFO/ Sonarplatform.io:

These are, in their nature, uncontrollable. However these factors add into very specific trading tools/indicators that SHOULD be provided to all investors, not just institutional/Market Maker traders. I’m very happy you brought this up. We aim to bring investors the capacity to see the impact of these issues, digest the meaning, and make more effective trade decisions.

Q – 7 from a telegram user @arboledae

Why can this project be considered solid? How are you going to improve the economic quality of the users?

Jacob (JTC)- Sonar CEO- sonarplatform.io:

The team consists of highly qualified, fully doxxed, KYC’d individuals, with a unique use-case which is missing in this spaced. By simplifying the investing process of traders we are automatically improving the economic quality of users. Users today need a million tabs and platforms (social media, charts, dex, bscscan etherscan etc, tg channels, audits etc) which can easily confuse the normal investor. furthermore, our platform will allow users to create buy/sell orders according to personalised specific functions , thus improving the experience and consequently the profitability of trades.

Q – 8 from a telegram user @Jonahapagu

It is stated that Sonar platform platform will also provide an incredibly advanced alerting system that can react to several kinds of events with never before seen options. How will this advanced Alerting system work, what kinds of events will it be able to respond to, how can users be able to use this alerting system and what kinds of alert options will they be able to use it for.?

Cristiano | Sonar CIO:

along with all the usual data you are used to – market data and price movement – you’ll get access to a wide range of performance indicators coming from community and socials tracking, both within a token’s community but also from other channels which are not dedicated to a single token such as crypto-related reddit channels or prominent influencers for instance.

Some specifics:
– finer price related events tracking (e.g. increase of X% in a specific timeframe
– DEXs and token tracking website listings (CG, CMC…)
– community growth and sentiment
– more

All of this will later be used to provide the ability to create conditional chains mixing different indicators (AND/OR workflows)

Q – 9 from a telegram user @cindy_crypto

Do you also plan to make a staking or farming features on top of your project for PING token?

Mike CFO/ Sonarplatform.io:

Yes. These are important factors in the lifecycle of Sonar. They are absolutely required so that we can allow Sonarians to branch out from BSC and into the other chains. While staking and farming are great stable income sources, we want to cascade the impact of staking. Staking will allow you to perform much more functionality within the cryptoverse (i.e. wrapped Sonar). And yes. That is coming.

Q -10 from a telegram user @Strawberry1999

Community is a strong force for projects, and how do you strengthen relationships with the community? Is the community your main focus? How do you view the community?

Jacob (JTC)- Sonar CEO- sonarplatfos:

Community IS our strongest focus. We are on voice chat almost 24/7, we have held youtube AMAs, VC AMAs, Chat AMAs. Our DMs are always open to anyone and we have promised the public to answer each and EVERY ONE of private messages we receive. Personally i have received hundreds and I am so happy i did, cause we have received a ton of support from the public. We want to diversify our communities and create one WORLD community which seeks safe investments and a transparent and honest backing by our team.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Sonarplatform 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: Sonarplatform

Telegram group  | Discord |  Tweeter  |  Website  |  Medium

Posted in Uncategorized

AMA Satoshi Club x Qredo, July 1st

We are pleased to announce our next AMA on July 1st 2021 at 11:00 AM UTC Time: Satoshi Club x Qredo

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

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

Part 3: 300$ – A quiz about Qredo

For more details:
Qredo Website – qredo.com
Qredo Telegram – @qredonetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish