We are pleased to announce our next AMA on June 24th 2021 at 01:00 PM UTC Time: Satoshi Club x Etna
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Etna Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Etna Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Etna
For more details:
Etna Website – etna.network
Etna Telegram – @EtnaNetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Question for AMA
1. As ETNA giving good amount yield for deposit and LP farm, how much circulation supply to be expected within next 1-2 year ?
2. From last update 5M ETNA value was lock, is it calculated only from deposit+lp farm or also included NFT and borrowed?
3.what are additional advantages for NFT when game is released?
1.where do you see etna network in the next 6 months?
2. Where do you see your upcoming game being released (what platform)
3. How will the game work if millions of people are playing, yet only so many NFT/ Charactors are available?
You’re doing an amazing job, keep pushing, thank you
Hi,
1- I think it’s a great project, but I feel like it lacks marketing. What are the plans to maximize this aspect?
2 – What will be the utility of NFTs in the future?
3 – What is the plan to release the amount of tokens in circulation? How much do you expect to see on the market per year?
Thanks for reading me
ETNA is the future DeFi and Gaming Network which brings lots of novel features to crypto world .It’s Hybrid Liquidity protocol is really special with its novel broker-buyer type trading feature .so please introduce this novel feature to satoshi clubbers.
What is this broker-buyer trading feature and how does it work ?How does it differ than the traditional trading ?
How is ETNA hybrid liquidity protocol facillitated by this broker-buyer type trading feature ?How can ETNA user be benefitted with this feature ?
ETNA’s DeFi product is thhe first to support the use of NFTs as collateral.In the case of NFTs as a collateral,if i want to secure a loan from ETNA using an NFT how will you know if i am the legitimate owner of the NFT?How will you properly assess its value?Will ETNA take custody of the asset or will it be locked in a smart contract?And what happens if i fail to pay back the loan or if the value of my NfT drops?
The auction feature of your NFT marketplace started with Faceless Characters Auction on Wednesday and it is expected to remain live for 72 hours. Can you tell us more about these faceless characters? Do they have similar attributes or do each of them have their unique characteristics and potentials? Also, I read that you will have 100 of them but I can only one see one of these characters listed for auction on your marketplace. How about the remaining 99 characters? How will users be able to get it and what is the benefit of owning your Alpha Faceless Character NFT? In addition, I can’t find where to upload items for sale or auction while exploring your NFT marketplace. Can’t independent users list items for auction and bidding?
When trying to connect to DeBank, I was offered a choice of 4 mobile wallets that are on my mobile device: MetaMask, Trust Wallet, Math Wallet and SafePal. Is it realistic to connect to DeBank with all of these wallets, or can only some of them be used? Can there be any difficulties and errors when connecting and how to fix them? Do you have a demo video or instructions for connecting a mobile wallet to DeBank?
Currently, there are over 30 NFTs trading on the ETNA Network marketplace, these NFTs comprises of game characters, weapons, secret passages, creatures. Can we see these NFTs, what role they play in the upcoming game and how they will be used? Are there any levels for the characters, do they evolve, are there any improvements for the weapons? And when are you planning to launch the game? Will it be possible to test the game before the main launch?
ETNA plans to introduce a Hybrid Liquidity Protocol DEX that will grant users access to several digital assets and I learnt that the first version will function as an ordinary swap exchange before the full version is released. What exchange attributes do you plan to merge and blend together in order for you to create your Hybrid Liquidity Protocol DEX? How is the Broker-Buyer-Type (BBT) trading mechanism that will be integrated into this hybrid protocol designed to solve the complexities associated with the trading of cryptocurrencies and what experience should users have in order to be able to properly interact with this function? When will both the swap exchange and the full product be available for testing and launch?
We know that ETNA is a project with a name from Greek mythology by name that was taken over by the migration of ETNA to the Binance Smart Chain (BSC), for having low gas rates and confirmations, ETNA was created from the beginning in BSC by the same advantages or they were already trained in another platform and decided to emigrate to BSC to have a more prosperous growth as well as the ETNA token and the project? that led them to migrate to BSC being based on the ethereum protocol?
As a user I understand that ETNA is an innovative project, whose main tool is the DEX / P2P exchange to make everything easier in terms of the speed of a confirmation, I also understand that they use a loan and loan system so they reflect it like this On your white paper, with saying loan twice, would you be naming two specific functions? loans and loans are two different types of benefits to divide everything into two parts and make ETNA fluid?
I understand that when making a loan, interest will be charged using any token, but using the ETNA token interest will not be charged, why does this happen, what kind of benefits will they have when making loans in ETNA token not to proceed to collect said interest? Will the $ ETNA token be acquired through loans or through some kind of sale? Will they have a white list and what should be done to be inside?
So far the little I have been able to see is that it has its own token called $ ETNA like the project and I would like to know how it is made up since on the white paper there is little I could see about $ ETNA, as it is integrated What advantages would the token have in terms of its growth and development, what plans would they take into account to expand its growth, giving users a window for acquisition and thus being part of the crypto market?
Regarding the security of ETNA and the users will use some type of KYC or verification for the users who want to be part of the project in order to avoid losses in terms of finances or token, the smart contracts will be audited in some way to make transactions somewhat cleaner? What do you plan to do so that users feel satisfied by participating in the investment of the token and DEX exchange?
I understand that ETNA took its name thanks to its migration to Binance Smart Chain (BSC), its name was taken by some other characteristic that has to do with the name of the ETNA project, taking into account that the migration to BSC is the only one that I could see on its white paper, relevant characteristics of the project can you name being only the loan, confirmation of transactions and low fees thanks to BSC?
EtnaNetwork is the former Cyclops Finance. You have changed the project name, website, token and project concept. Only the team remained unchanged? When were all the changes made and what was the reason for this that led to the rebranding? And what benefits did the changes bring for the team, the community and the project as a whole?
Hybrid liquidity protocol with Broker Buyer type trading feature & hybrid gaming/NFT ecosystem in ETNA enable the seamless incentives on their community rather than the traditional Defi platforms. Can you explain about hybrid mechanism used in both NFTs & liquidity? How will ETNA users impact as user- friendly by using this hybrid innovative method? How does it helps in lending & borrowing protocals within your ecosystem?
In your Roadmap Q4 2021, total quarter is allocated based on NFTs launching programmes. NFT marketplace version 2.0 with P2P trading option & sub market place will release in Q4. Why does it needs a new version for NFT market place? Can you tell us, in which way this sub market place will affect on the NFT artists? And also ETNA will deploy NFT cross-chain mechanism & NFT based synthetic commodities and applications in Q4. Which blockchain systems, will ETNA NFTs be supported in future? Will you consider the governance of the NFT artists in cross chain mechanism? What kind of apllications & synthetic assets do you expect to deploy in ETNA NFTs market place? Please give us a clarified explanation about Q4 Roadmap 2021.
Focusing on tokenomics, $ETNA allocated for various purposes such as staking, BBT market place, presale etc. What are the utilized usecases of $ETNA? $ETNA was built on binance smart chain. Most tokens integrate burning mechanism to secure their investors. But ETNA platform has not been deployed any burning process. Don’t you think, it is much better if you burnt some $ETNA after your presale or $ETNA would be a deflationary token? What about the governance of $ETNA? will there be any ownership renouncement in future or do you expect to involve in some critical stages on ETNA platform?
You are currently operating on Binance Smart chain but one of the features you said you will implement is cross-chain mechanism that can facilitate the transferability of assets across blockchains. How do you plan to enable this function knowing that you are currently built on BSC? Do you intend to create your own bridge for cross-chains function? In addition, I read that ETNA chain architecture is presently in the design stage as you have plan to create your own chain. Why do ETNA need a new chain? Is it going to be full blockchain or a side chain and is it designed to be compatible with other chains?
While reading through your article,i noticed that your marketplace works on a Hybrid Model that allows the combination of the conventional liquidity DEX protocol and a Broker-Buyer type trading.Can you tell us the Hybrid Model that ETNA work on?Why did you choose it instead of L2 solution?Will users need to undergo KYC verification to access the liquidity benefits of your platform?What numerous benefits has ETNA received from using such model and the challenges you faced while building on such model on your platform.
Gaming Industries today structured their games in a way that primarily benefits game developers and create a one directional flow of value where players spend money to unlock access to in-game assets and gameplay configuration.It is stated in your article that ETNA’s gaming ecosyastem is developed to bridge gap between decentralized gaming applications and conventional ones.Will ETNA create a (Dapps) that will enable players to capture the utility and value of in-game purchases and assets acquisition more effectively?What Revenue will ETNA generate for its players.Is your Game Asset designed to be interoperable accross different environment and how secure is the Game Assets to avoid being duplicated or tampered with?
You have mentioned that ETNA is the first hybrid liquidity protocol with BBT trading feature. Can you please explain how this model differs from traditional platforms? Further, did you examine possible challenges associated with this concept? For example, did you identify any risks unique to BBT trading? Since you do not have a previous model to follow, are there any plans to face this kind of challenges? How can we rely on a new concept?
In your medium article, you have said that you are working on listing on more exchanges. How is the progress? Are there any positive news on listing on some famous exchanges? Do you prefer to be listed on a CEX or a DEX and what are the reasons for your choice? Apart from buying from an exchange, do we have any other options to collect your token?
More information on your tokenomics cannot be found in the website. Before investing, we have to get an idea about the future of a token. You have just said the circulating supply is 11, 250, 000. How you are going to allocate tokens for team members, for running costs and for other categories? What are your plans to assure the value of the token? Is there a burning process in the near future? Where is this information available?
It is stated that ETNA’s gaming ecosystem is being developed to bridge the gap between decentralized gaming applications and conventional ones… So what will be the advantages of deploying conventional games using ETNA, How will games on ETNA be different from others, and if a developer intends to build or deploy their conventional games Using ETNA how do they go about it and what will be the requirements..
For the first quarter of 2022 ETNA plans to Integrate banking services and the issuance of Debit cards and inline with this, there is a planned Application for Crypto and Banking License in Q2 of 2021, so what kinds of banking services will ETN integrate to its platform, in what regions or country will ETNA be applying for Licences, and what forms of services will this licenses cover for….
On your roadmap, ETNA intends to Develop what it calls an all-in-one mobile app… as an all-in-one mobile app, what will be the functionalities of this app, will this app facilitate the deployment of games, what will users be able to use this mobile app for…
ETNA presents the first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading feature. Can you tell us more about this hybrid liquidity protocol? How does it difference from regular liquidity protocols? And can you explain what is the Broker-Buyer Type feature and how does it work? Which advantages does this technology bring for users of the ETNA platform?
With its hybrid gaming ecosystem, ETNA aims to enable the seamless integration of conventional games on the blockchain. So can you tell us how easy is for non-crypto game developers to deploy their games and integrate them with the blockchain using ETNA? Do you offer them cross-chain possibilities to deploy their games? And what benefits are there for players? Also, I read that you have a global Tournament, so can you tell us more about this feature?
Nfts are just for collection and there is no utility and you are giving a loan on it. So how you will decide the price of NFT at the price on which I bought or there are some other criteria?
I would like to know more about the $ETNA token and its role within the ETNA ecosystem. Can you tell us what are the utilities of this token within your platform and the different products you offer, such as Lending, NFT Marketplace, gaming, etc? And are there incentives or rewards for holders of $ETNA? Also, would you share your Tokenomics with us?
You ditched the ethereum and choose the binance smart chain because of slow confirmation and high gas fees but You must be very well aware of the attacks on bsc projects which are very common nowadays. So how you will protect the investments of people?
The basic revenue source of defis are interest and You are giving interest-free loans so how you are earning? What is the revenue model of ETNA?
Hi ETNA!
I’d like to learn more about ETNA’s gaming ecosystem. Your whitepaper says that the gaming ecosystem is developed to bridge the gap between decentralized gaming applications and conventional ones. With ETNA’s tech, developers of conventional games will be able to easily deploy games on the blockchain. What games do you have in mind, any restrictions by genre? Do you already have planned partnerships with some game studios that you can share with us? Thank you!
Hi ETNA!
Tokenomics shows that 30,000,000 tokens, a huge part of the total tokens supply, is dedicated to the BBT Marketplace. Could you please tell us why you decided to reserve so many tokens for the marketplace? What are they going to be used for on the marketplace in such amounts? Will there be a burn tied to NFT sales that you need to replenish from this pool? Thank you!
Hi ETNA!
I read in the whitepaper that ETNA’s hybrid marketplace uses a combination of the conventional liquidity DEX protocol and a Broker-Buyer type trading mechanism. I am unfortunately not familiar with the term. Could you please explain what the Broker-Buyer trading mechanism is? How is it better than the traditional DEX protocols and how will it help users trade more efficiently? Thank you!
Something that I read on your whitepaper is that ETNA has a leverage function to reduce the interest on loans and that for users who have the $ETNA token, loans will be made without interest, this is something that draws a lot of attention since Commercially speaking, for the loan system to be sustainable, it is necessary to earn some interest, so I would like to ask: how ETNA guarantees users that it is sustainable, safe and reliable with this system that aims to apply interest reduction and even the elimination of interest for those who are holders of $ETNA?
I did read on your website that ETNA’s DeFi product combines a hybrid banking network, the first to support the use of NFTs as collateral and a hybrid liquidity protocol with enhanced user experience facilitated by your novel broker-buyer type trading feature. Why did you decide to make ETNA hybrid? What special benefits does this bring to the ecosystem?
Regarding the Hybrid gaming ecosystem provided by ETNA, which enables the seamless integration of conventional games on the blockchain. Do you plan to hold global tournaments where users from around the world can participate? Have you thought about holding online gaming events?
Can you please tell us the story behind the name of Etna Network? It brings first Mount Etna to my mind but even if it is this, why did you choose to name your projects Etna? How do you think this will affect the investors?
Since there are many similar projects in the market, all try to offer to investors something different than others. What unique feature Etna Network offer to its investors and users? How will Etna Network bring people it its project and more importantly how will you convince people to come Etna Network from a similar existing project?
Can you please little bit mention about the game of Etna Network? What kind of a game will it be? Do you have an intention to taking feedbacks of gamers while developing this game? How will the reward mechanism be in the game? Will there be some events where gamers o Etna Network can communicate and socialize?
In ETNA’s NFT Factory,creators are allow to mint tdigital asset and showcase them to collectors.My question is what is the value of Nft minting in your platform?Does your platform support transfer and sales of NFTs on other blockchains?Can you please tell us the process of minting in your platform and what is the gas fee for NfT minting process in ETNA?
Etna seeks to develop technologies that will alter the adoption of DeFi technology, specifically to what are these new technologies oriented and what will be the consequences of these changes in the application of the protocols?
In cryptocurrency activities, the community is of the utmost importance for what it contributes in ideas and what it can attract through Partners that associate, they have considered including the fiduciary sector and the non-cryptomonetary community in their credit / loan activities, this could be an applicable strategy in ETNA to create a solid and broad community?
In the cryptocurrency market there are already several similar projects in terms of granting loans, you could name the strongest characteristics of ETNA that differentiate it from other projects and could label it as innovative, and what are its most potential strategies to be able to stay active in the market and not disappear early?
One of the most interesting features you’ve developed is using NFT as collateral, but from what I understand it is not allowed to every type of NFTs but it’s for the whitelisted NFTs, can you tell us how is this process to select NFTs to be used as collateral on Lending?
Your hybrid DEX has a fiat-crypto interface integration, integrating fiat with the crypto world isn’t as easy as it sounds, can you tell us about the payment options to use this part of your DEX? How is it connected with the NFT marketplace?
Do you have 3 words to define the effectiveness of your technology and demonstrate with solid arguments that you really have no competition? can the investor read the proposal and fall in love quickly?
What are your commercial, development and marketing projections for the short, medium and long term? Do you have a massive and expansive plan in mind to make your technology and capabilities known to more users?
In Q1 of 2022 you will be including features that in my eyes are the most definitive of your platform. Your Fiat-Crypto transaction support, your Banking services, and Debit card issuance, and your all-in-one mobile app. Please tell us how many fiat currencies you will be supporting, will you start with only USD and EUR as they are the most prominent ones? Countries in Asia, Africa, and South America are very prominent in crypto spaces, however, inflation is also prominent there. So are there any plans to support their coins?
Cyclops Finance is a blockchain company that started out as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized borrowing and lending platform. Can you briefly explain to us what happened to Cyclops Finance? Did you change the name to ETNA Network or does Cyclops Finance still exist today as something other than ETNA? Are Cyclops and ETNA the same? Do they have the same goal? This still confuses me a bit.
On your website you mentioned the $ETNA token, but there are no in-depth details about this project, could you tell us a little more in depth about your token? Where can I get a $ETNA and how complex is its attention? When do you plan to enlist $ETNA and on what platforms do you have for its launch? In what way will you assure users of the sustainability of $ ETNA and what are the benefits it offers to motivate the community to acquire the token?
I read in one of your Medium posts that your game platform will include a game spot, The Tournament where players around the globe can compete and win great prizes. Are there requirements to participate in the tournament? Can we participate from any country? There are some platforms that restrict some countries. Does ETNA do it? Do we have to meet any requirement such as KYC or hold a certain amount of $ETNA to participate?
what operating mechanisms you have created to guarantee Etna’s economic stability in the face of price volatility, i.e. how do you protect the entire ecosystem against strong fluctuations, knowing that these can lead to losses in the millions for you, your investors and users.
in your q3 you have planned game portal integration, game deployment and expansion of the game ecosystem and major game partnerships, could you mention, what can we expect with these integrations, what benefits will they bring, how important are they for Etna’s growth and value and could you give us a hint of what major games are coming up?
An important percentage of your allocation of funds will be used for expanding your platform and mostly your team, can you tell us what kind of talents are you searching to keep improving ETNA? And what about the actual team? How is it composed and what’s your previous DeFi experience?
In the section of ETNA’s TOKEN AND UTILITY you talked about lending platform, NFT market currency, game asset value and BBT market, but, what BBT stands for? How does it work? What is its system mechanism?
A good phrase says: Team work makes the dream work, so reading your website I didn’t see any particular partner, so don’t you have partnerships yet ? If you have someones, can you mention them?
On your whitepaper it’s mentioned the usage of a Proof of Insurance Mechanism, can you tell us what does it consists of? What are the advantages of using this mechanism within your ecosystem and features? Especially in regard to the lending platform?
I’m very interesting in your Debank s product where an nft can be used as collateral to do lending and borrowing, so can you please explain us how this will work considering that lending and borrowing are typically a service destined to Fungible token and Stablecoins?
⭐️ The liquidity always is something that all projects must guarantee if you want a healthy long term, so can you explain how this will be done through your hybrid liquidity protocol? Hybrid means that is a mix between 2 elements, so can you explain us what are you mixing together?
On your whitepaper it says that you are the first lending platform that has a leveraging feature for interest reduction and an interest-free loans for users that uses native ETNA tokens as collateral. When applying for a loan, normally the person requesting it must pay an interest from time to time, and in this way, the person or institution that lends it ends up generating an income, I would like to know, being interest-free loans one of the attractions that your platform offers, how do you plan to generate income from these so that you can use them to evolve this project in the future?
In your white paper I could read that part of the ETNA methodology is the use of a Hybrid Marketplace, which is a combination of the conventional liquidity DEX protocol and a Broker-Buyer type trading mechanism, I would like to know exactly why you decided to combine both and work with this hybrid? What are the benefits that users will receive from this, and what are the disadvantages that working with this hybrid brings to you?
I find it very interesting that ETNA Network is a one-stop shop for all things DeFi, NFTs and gaming, I would like to know why you decided to combine DeFi and NFTs with gaming, what relationship did you find between these 3 elements? And what part of this unusual combination do you think has the potential to change how NFTs, gaming and DeFI are currently perceived?
ETNA Network is the first hybrid liquidity protocol, what features of the protocol make it hybrid, why did the team decide to apply this new methodology, and what new possibilities and benefits will it bring to users?
ETNA Network plans to have live global gaming events. How would these events be, and when can we expect the first to occur?
To be honest, your name is very catchy, so can you tell us the origins of your name ? ETNA is an acronym?
Currently, how are the NFTs that can be developed in ETNA Network different, could you please tell us their main and unchangeable characteristics, tell us about the different opportunities that you will offer to developers and investors and how you will make all the NFTs that are commercialized and created in ETNA Network as successful as possible?
Please tell us about the rewards that we can acquire through ETNA Network, tell us how many possibilities exist, for whom are each of them directed and what are the short, medium and long term rewards?
At some point in the project’s development between Q2-Q4 2021 ETNA plans to develop and integrate what it calls the first ever Broker-Buyer type P2P marketplace, which is based on Proof of Efficiency algorithm. We are all too familiar with the different types and model of P2P business interactions available today, but this unique model to be developed by ETNA is indeed a novel idea. Can you carefully explain how the Buyer-Broker type P2P marketplace would function, who are the core players within this market model, and how does Proof of Efficiency algorithm enable the seamless operation of this P2P marketplace model?
In addition to offering what it calls “Future DeFi services”, ETNA’s gaming platform will allow conventional games to be deployed and integrated with the blockchain. These gaming assets can also be minted into NFTs, allowing community members to own such game assets, as well as earning royalties from them. As games grow in popularity and minted gaming NFT assets become more valuable, how will users earn expected royalties from owning these assets, can these in game NFT assets be transferred, exchanged and traded amongst users within the gaming environment, and what sort of conventional games would be available on the gaming platform?
There are various stages of bidding and auctioneering currently taking place on the ETNA network, with a variety of premium NFT collections on auction. These events has been constantly advertised and promoted on ETNA’s social handles as a way of generating the needed awareness and buzz for it. As a user with limited knowledge on how these bidding and auctioning events are usually carried out, can you carefully talk me through the process as offered by the ETNA network, how can one get involved, and are the auctioned NFTs exclusive to only those minted within the ETNA platform or would ETNA permit the auctioning of third party NFTs?
Does your project have an API integration? What features do you look for when evaluating an API for suitability? What about some of the common pitfalls with API based trading your platform faces and how do you overcome them?
What percent of the commercial currency which I can borrow compared to the valuable collateral? What percentage is the interest rate? What are the plans to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year over year?
Can you please explain us more about ETNA transaction model? Does it aim to remove control over execution, allow for faster transaction execution times, and provide equal opportunities for users? What is the technological principle behind it?
Will customer information be kept private or will it be leaked like some banks? How is it secured? How does ETNA 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? Can you tell us about the superior features that can give ETNA a competitive edge against strong competitors who continuously innovate, update themselves and influence users with products new? What is the main goal, partnership you are trying to achieve in the near future? And do you already have a cooperative connection with strategic partners in the crypto world?
Explain a bit more how ENTA token will work in the ecosystem. Can you describe why we should use ETNA Network instead of others? Which types of advantages users perceive in your platform? Is staking supported in your project? How will system operate? Is it secure? What is necessary for we need to stake in your platform? Does running ETNA’s project at in the boom of NFT like this make you nervous? What are the positives and negatives in your case at now? Will be able to rival and catch up with a market which is in strong development?
It is stated that ETNA gaming ecosystem is developed to bridge the gap between decentralized gaming applications and conventional ones.Can you please tell us do ETNA plan to create a Dapps for players make purchases or assets in your platform?Can you also tell us the different games you have on your platform and their features or functions?You also hold Tournament were players around the world compete virtually.When is this Tournament held,is it daily,weekly,monthly or yearly?Will users who play games on their platform receive reward or place bets on their assets?
I noticed that ETNA has 6 use cases in its platform unlike some platforms that have about 1-3 use cases or at least 4 and still they can’t meet up to achieving what they have on their use cases and they later rug-pulled.Since yours is 6 use cases and more are still coming up,How do you plan to meet up all these use cases?Can you please explain the effective use of each uses cases.And for the Broker,How can he facilitate transactions in your platform,don’t you think becoming a member is important and what how much fees will the broker pay to gain membership in your platform?
One of Etna’s known milestone is successfully migrating the NFT Marketplace into BSC. It was well known to crypto that BSC is good for NFTs but this fact depends on the platform itself. Do you think BSC is the right choice for Etna to continue building their NFT Marketplace there? Is there any reason why you migrated NFT Marketplace from your previous network? What opportunities does Etna seek in this migration? Does this actually made a way to mitigate the non fungible token marketplace that is beneficial for both the community and Etna?
One of Etna’s product is DeBank. This is the first lending/borrowing network to support NFTs as collaterals. In line with this, the said network will be having its mobile application to mitigate the lending and borrowing transactions of every user. Not all users can afford their own NFTs, so will Etna DeBank also consider crypto currency owned by the borrower as their collateral? What other forms can the collateral also be? In regards with the mobile application, what features will it have that will make lending and borrowing easier? Etna also planned to integrate banking and debit card issuance. How can users acquire this debit card and how will this work? Will this debit card available to use on any store or is it exclusive only for partner institutions of Etna?
Could you tell us about your gaming environment? What sets it apart from other similar gaming platforms? What aspects of your games do you find most appealing, and how do you think that, that features make your game standout from other gaming platforms?
Your DeFi product is a hybrid of two major DeFi-type applications: DeBank and the first hybrid liquidity protocol with Broker-Buyer Type (BBT) trading. Could you please tell us about these features? What are their roles in the ETNA platform ? Could you please distinguish them as well?
Etna Network released a sneak peek of the Game assets which includes Nectar of the Gods, Osiris, Apollo, Hercules and more. My question is, how can we acquire these? Can we users be able to open our owned NFTs in the auction market? Can we also trade these? Are there any other options like, can we monetize these in Etna token? What are the benefits of holding these prestigious NFT?
By integrating two worlds into ETNA, and knowing that the consumer-minded general public will quickly become interested in loans, and ETNA will have an interest-free loan benefit for users using native ETNA tokens as collateral. In addition to the valuable tokens, what other guarantee mechanism would Cyclops Finance use to guarantee the payment of such loans?
What’s the story behind your project name “ETNA” ? I search the definition of ETNA in google and it shows me this “Greek goddess of the volcano. Mount Etna, volcanic mountain” why have you chosen this as your project name? Is there any connection between the volcano meaning and your project content with this name?
I understand that ETNA is a lending platform which have function as a hybrid decentralized banking network for digital asset like token, NFT and digital land and you name it with DeBank. But what user possible to do inside DeBank platform? What are your key feature beside lending in DeBank?
Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?
What is your top priorities in 2021, Could you share some plans for the upcoming year. Which part of the project are you most focused on right now amd How many killer features of Your project that makes it ahead of its competitors Could you tell us 2-3 features the Project ?
Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainet or switch to other blockchains in the future?
Im really excited with ETNA project because I see that some of your token ETNA holder already took free loans in stable token, is this mean like interest free loan? Actually this is something new in DeFi world, so can you introduce to us about this new innovative, what ETNA token holder must do to get this benefit?
First of all, getting enough funds is a primary goal for the construction of a project. Is your team economically capable of running this project? Do you have enough funding to develop it? Can you tell us how the profit is generated by your project?
What makes you feel confident about the survival & sustainable success of Your project in the near future?While you build your project, do you take into account community feedbacks and demands?
Token burning is a strategy followed by cryptocurrency projects to influence the price of a token, or coin, in the market. This is done by permanently removing some tokens from circulation. Do you plan on any token burn on your project?
I read that ETNA have feature about Leverage for an interest fee cancellation or reduce the fees for any period of time, well this is something new and I dont quite understand its function. Could you explain how user activating this feature? And can you explain more detail about how does this leverage system work?
You have mentioned that “Hybrid gaming ecosystem for all, enables the seamless integration of conventional games on the blockchain”
What is about this gaming platform? Have you started on this? I am a game lover. Which kind of games are you going to develop here? Can I earn some crypto or ETNA by playing this game? And are you going to have a mobile application for this gaming platform? What are the plans to attract more game lovers to ETNA gaming platform?
In your whitepaper you have mentioned that “60% of funds raised will be used on further development. Areas of focus will include:
1.Platform Rebranding
2.Crypto License application
3.Integration of payment gateway
4.Development of the Broker-Buyer marketplace Hybrid model
5.Development of an all-in-one Mobile app/wallet”
What will be the majority on these areas? How are you going to allocate of you 60 % funds for all these areas. Could you please explain more about your platform rebounding and Mobile app?
Could you please explain more details on your project team? Which experts and how much experts are in yor team? Share details on your project team experience with us. How are you going to expand your team by recruiting more ambassadors?
DEFI, NFT, DAPP, Gaming are the most famous and interesting topics on recent crypto projects and it is the recent trending. What are the product you are planning to launch on these areas? Have you already launched any product form your project or do you have any plans to do on these areas? Then whata are the plans on attracting more investors to these products and to your project? And what is the business model on your project to earn and raise funds?