We are pleased to announce our next AMA on June 7th 2021 at 11:00 AM UTC Time: Satoshi Club x Quiver
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Quiver Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Quiver Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Quiver
For more details:
Quiver Website – emotional.quiverprotocol.com
Quiver Telegram – @quiverprotocolchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
NFT is considered to be the next crypto industry trend after DeFi. Can you share your opinion on the NFT? Where do you see the future evolution of NFT’s features and capabilities in the coming years?
As an investor in the world of Blockchains, I would like to know what makes Quiver project different from the rest that already exists. What makes them safer and more efficient?
Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
Does management have an effective system in place to model, manage, and balance risks and opportunity cost?
What are the legal and regulatory guidelines, and how will the organization monitor emerging regulatory considerations?
Is internal audit equipped to offer independent assurance of the technology, policies, and controls?
NFTs are shaking up the art world today that investors are able to buy/sell those NFTs. Are we able to sell our minted NFT from your platform if it is only design as our Emotional NFT?
How do we earn if we buy the Emotional NFT? How does it works if it will add up an income to our investments?
What will be the edge of your Emotional NFT across other projects?
I just wanna ask, books already published are also source of information. Given that it requires verification before its minted into NFTs, how do you rule out informations already published but is useful and informative anyway? Do you give credit to whoever shared such info? Or do you give credit to the source of info (in this case, the owner of the book)
In the future, are users allowed to mint their own Emotional NFTs to their liking? A robot-themed Emotional NFTs would be a good thing to have.
As I have understood, Quiver Protocol aims to provide verified informatiom to interested parties that will help them in investing. Now that it has branched out into making NFTs that track market trend, do we expect another feature that Quiver Protocol will be offering to the public?
The backbone of Quiver Protocol is said to be DICP (Decentralized Information Collector Protocol) which is implemented to collect information and make it beneficial to the community. The DICP Protocol is said to be run by three classes of people which are the information collectors, verifiers, purchasers.. So how do this three classes of people contribute to the ecosystem through the DICP protocol, how do users get to become members of this three different classes, and how do they carry out their specified functions in the DICP protocol..
Quiver Protocol intends to organize a Market Analysis Group that will be responsible for scouting and exploring of new investment opportunities to give the community well informed financial decisions…. so how do you get members for this Analysis group, will it be open for everyone with interest to be a part of, how will decisions in the analysis group be made or arrived at, and what benefits or rewards do members of this Market analysis group stand to get.
Quiver protocol recently introduced its emotional NFT’s which are able to change emotions based on the current market trend, It was further stated in your website that this Emotional NFT’S will be a part of your upcoming stressless portfolio tracker.. So how will your upcoming stressless portfolio tracker work, what are the features that will make this portfolio tracker indeed a stressless one , and how are your emotional NFT’s a part of This upcoming Stressless Portfolio Tracker.
DICP is the first decentralized protocol that collects information to be beneficial to the community. This protocol is executed by information collectors, verifiers, buyers, and the governance system. Can you explain in detail how this protocol works and what parameters it uses? This protocol is developed by you? Does it work with smart contracts? How do you guarantee its proper functioning? Can users trust the DICP protocol?
Quiver Protocol guarantees to increase ROI on investment based on performance. I would like to know more about this, the profit is different from the return on investment? Why? Also, each project or company uses its own formula to determine the ROI, an example would be the following: ROI = (Profit of an investment – Cost of an investment) / Cost of investment X 100. What is the formula you use?
On June 4, you announced the sale of Quiver Emotional NFT, but only those with a whitelist key can participate. Can you tell us what are the steps to follow to be able to participate in sales like this? Also, why did you decide to use a whitelist? Why can’t all users participate? Is there any reason for this? Thanks
Quiver envision a community consisting of investors, product owners, developers, informants, traders, and enthusiasts alike.
The value proposition for all of your stakeholders is in the rewards they will receive based on how long they have been part of the community. Can you briefly explain the role of each of these stakeholders: investors, product owners, developers, informants, traders, and enthusiasts in your ecosystem? What benefits/rewards does each of the stakeholders stand to get as they play their roles in your ecosystem?
The Quiver Protocol prototype will make use of smart contracts coupledwith a backend service. As you scale up, the backend service will be replaced with an on-chain protocol via the Cosmos SDK. The transition will enable the use ofon-chain actions and application of multi-sig addresses and you will also add new consensus called ‘Proof of Reputation’. How are the on-chain actions, application of multi-sig addresses and ‘Proof of Reputation’ going to be implemented in your ecosystem and what benefits will they bring to your ecosystem? Will the transition allow other services to run on top of your protocol? When should we be expecting the complete Protocol transition to the Cosmos SDK?
Quiver is a community-driven information provider protocol focusing on investment. Our goal is to build an investment protocol by providing qualified information to investors in real-time by building a Decentralized Information Collector Protocol (DICP). What feature do you have in place to ensure that the information provided is reliable and accurate? Do you have plans to integrate Artificial Intelligence (AI) for data collection to provide information in the nearest future?
The Quiver ecosystem will feature two ERC-20 tokens which are $QREP and $QSTK. It is stated that $QREP cannot be bought but only minted by a user based on the user loyalty and trust ratings but the second token $QSTK will be tradeable. Apart from the fact that $QREP cannot be traded, what other differences exist between these two tokens on your platform? How does a user mint $QREP? What will motivate a user to want to hold $QREP when it is not tradeable or what benefit do $QREP offer within your ecosystem? And since $QSTK is the governance token, does it mean holders of $QREP cannot participate in governance despite the fact that $QREP is the protocol token that measures trust and loyalty?
Quiver is looking for content writer to help share information about Quiver protocol and you will be rolling out the Quiver Protocol’s Content Creation Program. Personally, I like writing and I usually hop into programs like this. So, what are the requirements you seek in a content writer and on what range of topics can they write about? Where are such articles expected to be published and do you expect these write-ups to be done in English language only? For how long do you plan to engage content creators and how will they be renumerated?
In protocal rewards “40%- $QSTK holders, 40%-$QREP holders, 10%-development, 5%- marketing, 2%- treasury, 3%- foundation” mentioned in this manner. Then what about burning protocal, incentived more investers towards the platform? How will Quiver platform make the investors to be incentivized to invest more on Quiver? Have Quiver any idea to host TGEs in future? If yes, how will Quiver manage the inflation on $QSTK in crypto ecosystem?
Gamification with Emotional NFTs are in “Early Investors Bundle Benefit” as per quiverprotocal.com website information which means only for limited investors. So what is the protocal to embrace the gamification feature? Is there a minimum/maximum value to be invested in Quiver platform? Can we use any crypto currency to invest here? What are the games, Quiver host in future? Which benefits will users be offered through this feature?
In quiverprotocal.com I saw a new feature, called Reputation Based Community which will be viral in crypto space soon.
Reputation cannot be priced due to the unpredictable trust of users in crypto. So How will Quiver platform tokenized reputation through QREP Token? As my opinion there are lot of scammers, spread out in crypto space nowadays. So how do you predict the users that can be trusted 100%? Is there any protocal to measure Reputation with $QREP? Which opportunities, will users aquire through “Reputation Based Community” feature in your platform?
You decided to build your protocol on Ethereum due to the ease of smart contact development on the Ethereum network using the current prototype. However, this chain has gas and scalability issue. Since your MVP won’t be live untill later in Q3/2021, will you consider running a testnet on cheaper layer 2 scaling solution such as Polygon? And with regards to your own chain that you plan to launch next year, what will be the feature of the chain? Will it be a fork of Ethereum or your chain will be introducing a new blockchain innovation entirely?
Amongst the various distinguishing features of the novel Quiver Protocol; otherwise known as Quiver IDAO (Investment Decentralised Autonomous Organisation), is it’s Service Governance feature. This feature allows every service built on the Quiver Protocol to issue it’s own governance tokens, and also decide on the specific rules and details on how governance will be run. Can you briefly explain the intricacies involved with this operation, how beneficial is the self governance feature to the Quiver Protocol, and how would this feature eventually breed a self sufficient Protocol?
As part of a three (3) fold strategy to an increased adoption of the project, Quiver plans the use of Data Providers, to share and contribute useful information to others, in order to increase the chance of a positive outcome. As stated, this role can be assumed by any user of the Quiver platform, and such contributors can derive direct financial gain from their services. Therefore, what sort of information and data would Quiver be looking to promote through it’s contributors, how will these contributors earn financially from their contributions, and how will this strategy be essential to the growth of Quiver?
As part of future services to be provided by Quiver to prospective investors, is the DAO Driven Hedge Fund, which will aim to provide liquidity for projects that are not yet public or that are in their early developmental stage. This service will operate almost like an incubation programme for projects craving the needed liquidity and technical support. As a DAO driven service, what sort of privileges are available to the Quiver community to decide on projects to unboard, is this governance right on chosen projects vested to all members, and how will liquidity funding be sourced to cater for this programme?
Quiver introduces two ERC20 native tokens: QREP (reputation token) and QSTK (economy token). Some features of these tokens got my attention, for example that both are used for governance and that QREP can’t be bought. Can you please explain what are the purposes of these two tokens? How are they used and what’s the role they play within the Quiver platform? Quiver users need to hold both tokens?
Quiver Lending & Borrowing is a bonus service for reputational users that will become available as soon as the Quiver Protocol starts harvesting profits via the DICP. Can you share with us the basic functioning of this service, such as how are determined the interest rates or which assets will be lent? And what are the requirements that users need to meet to be able to access this service?
Quiver works with the Ethereum network, so I would like to know about the impact of the high gas fees of Ethereum on your project. Are the high fees a problem for Quiver? Have you thought about integrating other blockchains like BSC, Matic, Solana, etc?
Quiver rewards the holders of their two tokens equally 40% and 40%, you mention that as a protocol you plan to operate smoothly keeping the interests of all participating aligned, can you tell us what the balance between your two tokens consists of and why is it strictly necessary to have 2 instead of 1? Which currency should your content creators hold?
Your concept of operating as an IDAO (Investment Decentralized Autonomous Organization) is completely innovative, I see that your governance protocol demands participants to meet the reputation requirements, can you tell us more details about these requirements? Is it similar to other protocols where you have to hold a certain amount of tokens?
For a project to grow and gain strength,having partnerships are of great significance.And going through your whitepaper and medium article i noticed that you have have no partnerships neither have you done any audit.So can you please tell us,Are you planning on making partnerships soon?Or is Quizer just focusing on Developing your platform for now?
In One of your medium article it is stated that,Quiver protocol has created a program for those who are fond of writing and disseminating information to share about Quiver Protocol through content published in various publishing sites and network.What are the strategies for one writing about your platform?Will one create video recording,audio recording and digital artwork of your characters?How will NFTs help with Piracy?What will be the Up Front Cost?
Your main goal is to create a platform that allows for vetted, high-value information to reach the community effectively. Even if you weren’t to offer any of your other services/products, this alone would be revolutionary enough. However, this comes with many risks. Hackers would undoubtedly try to steal such info, and some of them may even succeed, successfully leaking invaluable resources. How would you deal with this? Apart from investing in top-notch security, would you consider splitting Quiver into a ‘free service with limited features’ and a ‘premium unlimited service’ platform? We’ve seen suck strategy work in various industries. So, I’m curious. Is this something you’d experiment with in the future?
Your Lending and Borrowing service is a bonus for reputational users. It was said that high reputation users are the ones who can borrow from the protocol treasury. Can you elaborate on this feature? How exactly does one become a high reputation user? How does this benefit your project?
You gave protocol rewards to QSTK HOLDERS40%-QREP HOLDERS 40%-DEVELOPMENTS 10%-MARKETING/EDUCATION 5%-TREASURY 2% and 3% to FOUNDATION.No rewards for burnt tokens?And you said in your whitepaper under Token Incentives that Users are incentivized to do good.How will you then encourage or motivate investors in your platform?
Quiver Emotional NFT Sale Scheduled 4th of June 2021, 1PM GMT. You say that for the first 2 days of sale, only those with whitelist key can participate. What’s next? Other users will also be able to take part in the sale, but after 2 days from the beginning of the event, how many days will it last? And what conditions must be met in order to participate in the sale for those who were not included in the white list?
I read on your Twitter that you have already started selling NFTs and that it is possible for users to mint their own NFTs, could you please tell us why we should risk our capital investing in your NFTs, what features have you designed to ensure that the capital that is invested in them will at least not be decapitalized once you finish this first sale, also, what opportunities would these NFTs give us both in your ecosystem and outside of it?
THE BEAR MARKET IS WINNING!!! Will your tokens DUMP HARD? Do you have any plans for that to happen? How will you handle when investors panic sell?
Nowadays rugpull is common on bsc, recently our community face rugpull of MOONPOWER, so how can you assure us that your token would be completely safe for us?
if I buy your coin today, then how will you motivate investors to hold that tokens for Long term? Will there be any special benefits like staking and farming in future?
Could you please tell us, how do you determine the value of the information or assets that users can share through Quiver Protocol, what technology is used to determine this value and ensure that the same is fair and according to the type of product that is provided, on the other hand could you please inform those present with what types of products we can make transactions within this ecosystem?
Quiver Protocol introduce the Quiver Emotional NFT Minter DApp, were you can design your own NFT and give it a story. And the other is the NFT Community (Telegram Owners). Would you mind Elaborate to us what is the difference of them. And what is the role of each in Quiver Protocol? What benefits will provide to the user and to the community of this two NFTs?
Quiver Protocol’s Content Creation Program allows users to participate in journalizing information about Quiver. Articles shall be submitted with minimal standards and one of these standards is that the article is only allowed in English language. However, there are many investors around the world and not all of them knows English. Will the winning articles be available for translation in all languages?
The QuiverProtocol is making a Content Creation and Video Creation Program. Can you tell us, can anyone participate in the program? Does it need to hodl $QSTK to be able to participate? How QuiverProtocol incentivize the participants of the program?
I am fond of writing and I took a look at your content creation program, it turns out that there are two types of submissions, one to become a member and other to participate in the contributor’s program, what’s the difference? Also, can you tell us what kind of content is allowed?
I could see in your mission that the main focus of Quiver is to build a Decentralized Information Collector Protocol (DICP) that will be linked to your entire ecosystem including your IDAO, services, members and more, so.. what are the functions of this protocol as a center of your ecosystem and what are the main problems it adresses?
You have 2 tokens: QREP Token (Reputation Token) and QSTK Token (Economy Token). How can you get them, what is their purpose, what are the main functions of each token and how do they differ from each other? Are there any benefits to users of owning these tokens?
How secure is the Quiver ecosystem, do you consider that you have taken all necessary measures to ensure that all assets and information stored by users on your platform will be secure, if so, how can you demonstrate to those present that the project is secure and that all relevant actions have been taken to ensure such security?
Tell us all about the NFTs that are currently for sale, what features make them unique and valuable, what benefits they will give to their holders, how important they will be within the Quiver ecosystem and also could you tell us, if the next NFTs will have any contribution from the community?
the NFT market is flooded with projects that claim to have the best opportunities, but very few really are, so what makes Quiver Protocol a really valuable and worthwhile project to participate in, what can you offer users that really represents a good long term opportunity?
I read that Quiver DAO members will be highly as founders. What unique features do you have in your DAO than other DAOs? There is also a certificate for Quiver DAO member of emotional NFT , can you explain more what makes it different than other NFTs?
I read that Quiver DAO members will be highly as founders. What unique features do you have in your DAO than other DAOs? There is also a certificate for Quiver DAO member of emotional NFT , can you explain more what makes it different than other NFTs??
I’ve got information about QREP token that its have function as score system of user reputation and ranking system in Quiver platform, can you explain what is reputation and ranking use in quiver ecosystem? What are the benefit if user get top rank or high reputation?
Quiver claim that your main product name with “Information NFTs” which you said information will be provided as NFT. This is the first time i hear about this since usually NFT is about art, music, equipment game and etc. Can you explain more about this Information NFT, how its work? Do we possible to buy and sell this Information NFTs?
Quiver Emotional NFTs not only provide character emotion changes by market price changes, it represent the DAO member as well making NFT itself more valuable to the holders. As Quiver Emotional NFTs represent the DAO member,is there any customization for NFT in your platform that depends on the mood of the owner or the DAO member? Why it is called Emotional NFT? Can you tell us how does Quiver Emotional NFT literally change its emotion when market price changes? What is the impact of changing of price in the emotion NFT of Quiver? Thank you
You have mentioned about three phases on the token sale such as
1. Strategic
2. Private
3. Public
What is the update on these token sales as per now? Have you completed any of them as per now?
An Innovative Way to Value Information in Quiver Protocol is to monetized to earn full potential.Discover how it is converted to real-value NFTs. So can you tell us how information being monetized? How safety and secure is the information being trusted in your platform? In what way that information can be monetized and who is the third party involve in monetizing the information? Lastly,can you tell us how does information literally converted into real-value NFT? If it become real-value NFT ,do you have any marketplace for this NFT to be acquired by investors or buyers or NFT? Thank you
I read that Quiver have built one ecosystem project name with Investment DAO. Could you explain the detail what is this investment DAO about? What your user can do in that platform and how if i am want to join as a DAO member?
What is QSTK, what are the benefits for holding QSTK ?
What does Quiver Dao members get rewards and how voting power of Quiver Dao Member is Calculated ?
What is the advantage and where can i use this emotional NFT’s ?
You have mentioned that “Our mission is to make our pre-vetted investment information, profitable, trustable and accessible to everyone”. What is the best way you are planning to make this accessible to everyone? Please explain about this
How are you planning to convert information to real value NFTs? What is the way you are going to make a real value NFT by the information?
You have mentioned that Minimizing investment risk as a QUIVER PROTOCOL benefit. How are you going to minimize the investing risk? Because we have seen so many projects with a greater security also get hacked recently. What are the plans on this?
Hi Quiver!
You promise an Innovative way to value information, monetize it to earn full potential and convert to real-value NFTs. I assume this will be done by using the Decentralized Information Collector Protocol?
Can you share more details about the DICP, the backbone of the Quiver Protocol? How will it collect the information, is it functioning like an oracle? What sources and partnerships are you going to use for this? Thank you!
Hi Quiver!
I read that the Decentralized Information Collector Protocol will be run by the information collectors, verifiers, purchasers and the governance system. Please share some more details about these categories and how exactly they will be involved in running DICP? Are the information collectors and verifiers real people or automated services? How can purchasers of the information help in governing the system? Thank you!
You have mentioned that “Trustworthy information is everything you exchange with your time” How are you going to make sure that all the information here is trustworthy? Because if any data collector can give information to the platform, It can be wrong information also. How are you going to overcome this issue?
Hi Quiver!
Quiver has an interesting concept of reputation based community as a source of trust. Please tell us how the idea of tokenized reputation will work. The higher the reputation the more QREP Token will be airdropped to the particular user? Who will judge the users’ value in the ecosystem and decide how many tokens to grant, is this system protected from bots artificially increasing users ratings? What happens if a person sells his/her QREP Tokens, will their reputation decrease accordingly? Thank you!
Lending and Borrowing is coming soon according to your website, Recently we have seen so many lendingand borrowing projects. Whata are the special advantages for the users with related to other lending platforms?
Why two token as QREP and QSTK? What is the governance token on these? What is the difference between these two tokens?
Quiver Emotional NFTs, the first emotional NFTs that changes emotions based on the current market trend. NFTs like the Whale, Dragon, Fish, Deer, Bear, Bull are used to capture different emotions of crypto investors. how did Quiver team come up with Emotional NFT idea? Can you share with us some feautures or characteristics of each NFT and what factor determines the Value of each NFT? Who are the artist behind each NFT design? Does Quiver team have plans to include more animal character NFT designs in the future ?
What is investment emotion and how does Quiver intend to leverage this on the blockchain technology, secondly, what is quiver going to do differently from what we have out there in the crypto sector.
Why investment emotion? I’d love to know what gave birth to the idea
I read from some of your resource materials that The main focus of the project is to provide qualified information to investors in time by building up a decentralized information collector protocol (DICP).
How and where will Quiver get the qualified information from, because it is decentralised, I believe the information will be sourced from the community, will there be a fact check technology or a team who will check for the authenticity of the information before it is allowed on the platform
What is the correlation between real value NFTs and Monetized information? With the DICP being the backbone of the quiver protocol, what role will it play?
Emotional NFTs, QREP Token, QSTK Token. What is the similarities between these three. And which of these should be priotize as an investor?
Who are the teams behind Quiver? Are they affiliated to any successful cryptocurrency projects, knowing his boost the confidence of investors
What are there history in the blockchain sector, please tell us about the team behind the project
Thanks
As a newbie to this project, what can I do to be a stakeholder, and what plans do you have for your stakeholders and for the sustainability of the project for the next 10years?
Quiver is going to be a massive coin as you said. But what are its future plans ? Can we expect it launching its own application for Android/ios ?
What is non fungible and QSTK token you talked about in your project?
how do you attract investors to be interested in Your project ? because some investors only focus on short-term prices rather than long term?