Month: June 2021

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 SafeBLAST and our guests were @Shyam_thakur @maheec. The AMA took place on 7 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 SafeBLAST. Today our guests are @Shyam_thakur @maheec!

Andrés M. | Satoshi Club: @SafeBlaster and @maheec welcome to Satoshi Club! 😃

How are you today guys? 😃 @maheec @SafeBlaster

M m C: Hello community!

I am so good! 😊 How about you?

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

M m C: Thank you and glad to join with you guys.

Gold Rocket | Satoshi Club: Let’s start!

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

Andrés M. | Satoshi Club: @SafeBlaster welcome to the AMA😃

Safe Blaster: Finally, hello everyone

Thank you for fixing the mute👍

Gold Rocket | Satoshi Club: We are very glad to conducting AMA with SafeBLAST!😊

Safe Blaster: The feeling is mutual

Andrés M. | Satoshi Club: You’re welcome, sorry for it

Gold Rocket | Satoshi Club: Finally, we are happy to see you. tell us about yourself

Tell us please about your position SafeBLAST?

Safe Blaster: SafeBLAST started with the community in mind. We all have either been victims of bad projects or know someone who has been affected by it. This is why we decided to start a project with No ICO, No Presale and with had 10 CEX agreement in our first 2weeks. 8 already listed and 2 more will list soon. Probit announced today too and we will be listed on Probit Global👍

Gold Rocket | Satoshi Club: Great news🎉

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

Safe Blaster: We have a team but I am the project coordinator. You can also call me the founder if you like. But this is a community project with a RENOUNCED contract

Andrés M. | Satoshi Club: Nice to meet you guys, happy to have good personalities here.

We have collected the best community questions for you, ready to proceed?

Gold Rocket | Satoshi Club: This is a very interesting concept. 👍

Safe Blaster: You already introduced 2 of the core members but we also have 16 other team members who are MODs and Admins

Q1 from Telegram User @Arisabela

I saw on your roadmap something about a give back program but I couldn’t find more information about it and your whitepaper seems like it’s not completed yet, can you tell us what is this program and it benefits? Also, when will we see a full whitepaper released?

M m C: Actually we have done lot of things within a month. So we always worked for getting new exchanges and CG CMC listings. In this case the website not much done yet and we will be update the website and whitepaper very soon.

Safe Blaster: The givebacks will be after we launch our mobile wallet and merch store. It will be announced and the community will get to vote for which non-profit organization they want SafeBLAST to give to.

As for the whitepaper, the website is being updated right now and will have a new UI within 24-48hrs but we’ve received many questions on why the whitepaper is so short. My answer is, we can make it very long but we decided it will be best to get to the point. I read many whitepaper and I realized most of them just like to repeat things over and over by using different words, phrase and diagrams. That’s not what we’re about. We keep it simple and focus on progress

Andrés M. | Satoshi Club: Thanks for the answer, we will be waiting for coming updates 🥳

Gold Rocket | Satoshi Club: Your words make sense👍

Thanks for your answers

Are you ready for the next question?

Safe Blaster: Yes,

M m C: Yes 👍

Q2 from Telegram User @ysasoma

In Q4 of your roadmap you have targeted NFTs, in addition to the great adoption they have had, what other reasons do you have for getting involved in this market, what tools and capabilities do you have that will allow you to be competitive in NFT world and that will allow you to take advantage of all the opportunities that this market brings?

Safe Blaster: Great question. The NFT market is just getting started and it is indeed competitive. However, it is further down the road on the roadmap like you said. As you all know, this is Cryptoverse where things change from time to time and the best way to stay competitive is to be vigilant and adaptive. If the market makes sense in Q4, yes will will go for the NFT, if not, we will announce to the community as always and introduce a better replacement if that’s what the market calls for.

Like I always say, everything in life is subject to change because no situation is permanent. There are ups and downs in life and also in business. So you learn to adapt and keep moving. You CANNOT stop simply because of an obstacle. You find you way around obstacles 👍

Gold Rocket | Satoshi Club: Especially in the volatile crypto world 😉

Safe Blaster: Exactly 👍👍

Gold Rocket | Satoshi Club: Thank you very much for your reply! Ready for the next question or want to add something?

Safe Blaster: Yes, let’s get it👍

M m C: At the same time, other industries are also adopting NFTs slowly by ensuring integration of blockchain and tokenization of assets. Industries can now implement blockchain with NFT tokens which is a huge plus point for the rising popularity of this token.

Gold Rocket | Satoshi Club: this is absolutely the trend of the season🚀

Andrés M. | Satoshi Club: I’m completely agree with you, a great feature to learn more👍

Q3 from Telegram User @Asela1112

Mainly SafeBLAST($BLAST) involved as an Autonomous yield and Liquidity generation protocol on crypto space. Can anybody involve as LPs in SafeBlast platform? If yes what is the minimum value, should provide in to the liquidity pool? Will this pool be implemented as a aggregate pool in the markets? 5% from transaction fee will always send to the liquidity pool on pancakeswap which is to be locked for 5 years. This will be a great Autonomous mechanism. What are the other strategies, that the SafeBlast will launch for more liquidity in future? Is there anyone who can access to the liquidity pool directly? What about the secure conditon of the pool?

Safe Blaster: Loaded question but I’ll try to answer it all and if I miss something, please, let me know👍

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

Gold Rocket | Satoshi Club: do not even doubt your case! thanks a lot for the answers! ready for the next question?

Andrés M. | Satoshi Club: Have you done events like burning tokens?

Safe Blaster: Yes

We have burned over 200Trillion tokens manually

First, the locked liquidity is till 2026, which is 5yrs from when we launched last month. We launched during the same week were PancakeSwap was shifting from VI to V2 and many of you will admit the period was disruptive. However, we took the 5year max available on V2 at the time but this doesn’t means that it cannot be locked again after 5years.

PancakeSwap 5% LP is automatic and deflationary token is a new phenomenal. So most CEX do not have the capability to have this feature. Some CEX platforms like Bibox are ahead in the game but others are updating their platform to possibly make this aggregations in the future. But for now, they all have their own provided liquidity on their platforms for their users.

Also, in crypto, one day is like 10yrs because of so much happening, so I believe 5yrs is a very long time. Also, you will notice that some deflationary tokens like safemoon is locked for 4yrs and some others are locked for 2yrs. With so much accomplishment in our first month, just imagine where we will be in 5yrs.

Q4 from Telegram User @Ruttiee

Safe Blast plans to launch its mobile wallet Q3 of your Roadmap. How has the development being so far? can you share with us some feautures of the mobile wallet? Will there also be a desktop or web-based version of your wallet?

Safe Blaster: It will actually be released before Q3. Our current roadmap is only showing the planned time period. We did not add exact dates because we know how fast we work. So we list like Q1, Q2 etc instead of August 1st or October 2nd.

The reason for this is because we don’t believe we have to wait until the road map date to accomplish a task. But we also don’t want to make promises if we can’t keep it. So we extend things out and try to deliver before the date if possible. Better than delivering late👍

M m C: We have planned create a mobile app which compatible with both iOS and Android.

Safe Blaster: And for the web version, we’ll keep that a surprise 🤷‍♂️

Gold Rocket | Satoshi Club:  Thank you very much for your answers and clarifications.

Andrés M. | Satoshi Club: Thank you guys, I think is a great idea to have your own wallet for Mobil devices, so personal for each user

Let’s continue with the next question. Ready to go?

M m C: Sure

Q5 from Telegram User @surendra040

I have never seen it before and I am honestly surprised that SafeBlast being a deflationary token has already burned 78% of $BLAST within a month old of the project. What is the reason you choose to burn the tokens in such huge numbers in the shortest period of time? will you keep doing more burn in the future? Most importantly how will your project runs in the long run and maintain the price of the token?

M m C: We have more strategic burns than anyone else in this deflationary space. What does this mean?

Example – When we need $1M added cap to kill a zero, these other projects with more supply will need like $10M added cap to kill a zero.

YES,

Our journey to $0.001 is closer than anyone else. We are the #darkhorse in this space and there is no close second.💯💯💯

Safe Blaster: Great question. As you may already know, deflationary token “floor price” stability is dependent on circulating supply and LP. Other tokens are based on supply and demand, which is a big difference. In deflationary token, demand pushes the price higher and faster.

So with this is mind, we realized if we launched with so many tokens in circulation, it will be harder to get the all back to burn. This is why we reserved the tokens to burn. We initially promised to burn 100T but we doubled that amount in one month. We also had to buyback some tokens when crypto market went red and we burn them too.

Right now, we have over 78% burn. So, if other tokens need like a $10M cap to kill one zero, we will need like $1M cap to kill 2 zeros. This is just an example of how fast we can grow in a bull market – Not exact numbers and not financial advice obviously. But you understand my point

Andrés M. | Satoshi Club:  Detailed and clear answer, thank you so much😃👍

Now, the final question of this part of the AMA

Q6 from Telegram User @cryptofollower

There are another safe blast crypto token right now on BSC which is fake. How can community beware and not to fall for fakes? Did you contact with BSC about this? They copied exactly everything including your max supply too. Some people are also victims of this fake SafeBlastCrypto so do you have any plans for covering up their losses?

Safe Blaster:

Yes, we contacted BSC and they updated our logo last week. There were a lot of imitators and bad actors but the only way to know the real token is look for our VERIFIED logo.

Andrés M. | Satoshi Club: Be aware of that Satoshiclubbers.

Gold Rocket | Satoshi Club: i saw it in your group too

Safe Blaster: 👍👍👍👍👍👍👍👍👍👍

Gold Rocket | Satoshi Club: Now get ready for the most impressive part of our AMA. Live questions! 🚀

Part 2 — live questions from the Telegram community

Q1 from telegram username  @Anjan336

I missed your last Airdrop :/ is there are any upcoming airdrop for $BLAST?

M m C: Yes. One more to come 👍

Q2 from telegram username @surendra040

Kindly provide me the contract address to buy your token and what is the slipperage for it

M m C: 0xddc0dbd7dc799ae53a98a60b54999cb6ebb3abf0

Use slippage 11-18

Q3 from telegram username @Derazy

What does SafeBLAST establish to provide rapid information/update for community? Do you hire and place some ambassadors for some target country/language who don’t speak English well? So that everyone at the community receive the same information on what happen at SafeBLAST.

Safe Blaster: I have to admit this was a big challenge in the beginning. But we are slowly getting it fixed because we understand not everyone speaks English in our english group.

Our first step was to create several communities as you can see on our telegram page. People always ask why we have som many MODs. This is why. Some of our MODs are responsible for handling those individual groups because they speak the different languages.

As for having ambassadors, we will work on this and it will be a gradual process because you want to make sure the people representing the brand are qualified and responsible people👍

 M m C: We already have multiple language groups which handle by our admins.

Q4 from telegram username @Ishan1_7

Why do you decided to start a project with No ICO, No Presale could you explain briefly to our community?

M m C: Because we are unique than others.

Q5 from telegram username @Shaa93

I see on the Web: “Every time someone buys or sell SafeBLAST token, the total supply goes down and the HODLers get rewarded. Every transaction also creates liquidity, which is automatically LOCKED.” Can you explain to us: how the total supply goes down? And how many rewards do HODLers get? I think it will be as  % of the transaction fee, right?

M m C: 5% for LP

5% for redistribution to the holders including dead wallet

Q6 from telegram username @Chinthaka93

Have your smart contract already audited? What is the update on that? @Shyam_thakur @maheec!

M m C: Yes. Contract verified and already audited. So you can check the website for get audit link.

Q7 from telegram username @Asela1112

What are the incentivized strategies that SafeBlast integrate to Bullished $SAFE within crypto ecosystem through the attention of more investors?

M m C: Ape kollek neda 👍

Q8 from telegram username @doithay1617

🙋‍♂️Hello @SafeBlaster  @maheec

 @SafeBlaster  You said: “10 CEX agreement in our first 2weeks. 8 already listed and 2 more will list soon” . Can you name the 8 CEXs that $BLAST has listed and the 2 CEXs that will be listing in the near future?

M m C: IndoEx, Bibox, Hotbit, Coinsbit, STEX, Azbit, DigiFinex and will be Probit, Dex-Trade

Q9 from telegram username @cryptoneco

On your website, you mention that today social media is an effective marketing strategy for every industry and Safeblast will embrace all social media. Do you employ a “Social Media Specialist” in your team to use social media in the most efficient way?

Thank You… 🙏

 Safe Blaste: We had a social media team on our first week and we had to let them go.

It was 3 people on the team and they were clearly unqualified because they promised a lot and delivered very little, so we sent them packing. This is why it’s never a good idea to rush team members. One of them actually shill too much on Twitter and was considered spamming, which led to a temporary ban.

Right now, we’re using a temporary team to run different events like bounty, airdrops etc and they also handle our social media activities. If they prove to be effective, we will have them on full time. But for now we’re just doing a per gig basis👍

Q10 from telegram username @topind7

Do you currently have a mobile app for this project as I believe it will help the project grow better?

Safe Blaster: Coming soon 👍

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: http://t.me/SafeBLAST

Twitter: http://twitter.com/SafeBlastArmy

What is Plethori

• Plethori is a decentralized cross-chain ETF Investment Platform that allows trading and the creation of trustless ETFs.
• Plethori connects the Ethereum and Polkadot ecosystem empowering traders by providing a wide range of ETF Tokens to trade and invest and leveraging the technology of both blockchains, to open new avenues for investment strategies.
• PLE is the native utility token of Plethori which has the following use cases:
• Governance: Holders of PLE are eligible to vote on platform changes. The governance structure is complex but fair. PLE holders are separated into tiers depending on the strength of their vote.
• Staking: PLE holders are capable of staking and receiving rewards on their tokens.
• Access deposits and withdrawals for the platform: PLE holders gain access to PLE platform where they can have access to deposits and withdrawals for the platform.
• Transaction fees: Transaction fees are low for PLE holders.
• NFT Gallery: NTFs are given to PLE holders as rewards.

The project raised 1,095,000.00 USD in the following sales rounds:

• Seed Round: 12.5% of the total token supply sold at 0.02 USD/PLE
• Private Round: 15% of the total token supply sold at 0.03 USD/PLE
• Private Round 2: 7% of the total token supply sold at 0.035 USD/PLE
• Public Round: 3.8% of the total token supply sold at 0.04 USD/PLE

As of 12th May 2021, the total token supply is 100,000,000 PLE and a circulating supply of 18.4%

Key Metrics of Plethori (as of 12th May 2021)

Ticker	PLE
Token Type	ERC20, Polkadot
Circulation Supply Total Token Supply	18.4% 100,000,000 PLE

About the Plethori

Plethori is a Cryptocurrency ETF Investment Platform that allows trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains.

Plethora’s service allows investors to deposit capital in the form of their PLE token and invest in a wide range of ETFs enabling investment into entire industries in cryptocurrency.

Plethori has the following features:

• Cross-chain functionality: Interoperability gives seamless trading between Ethereum and Polkadot blockchains and opens up investment opportunities into key industries driving both ecosystems.
• Layer 2 solution: Plethori is built on the ETH Layer 2 solution, Optimism.
• NFT Integration: ERC-721 integration provides for the delivery of NFTs as perks to reward fund managers who level up.
• Fiat Gateway: This allows users to purchase cryptocurrency directly within the platform using fiat.
• ETF Trading Exchange: The V1 Platform is a fully-fledged trading platform with margins and leverage.
• ETF Creation Portal: The V2 Platform gives users the ability to create their own fully customized ETFs.
• Decentralized Autonomous Organisation(DAO): This includes a structure weighing system.

Recent News

• April 17, 2021: Plethori on Crypto Revolution on 10th April 2021
• April 19, 2021: Plethori Partners Crowd-Funding
• April 23, 2021: Plethori’s V2 Platform Launch
• April 25, 2021: Plethori Token Contract Audit
• April 26, 2021: Plethori on Gem Collectors
• April 28, 2021: Plethori Explains Polkadot
• April 29, 2021: Plethori Forges Partnership With Polkadot Data Provider
• May 2, 2021: Plethori’s $PLE Dual-IDO Launch

May 3, 2021: $PLE Staking Contract Full Security Audit

Project Team

• Ryan Matovu – CEO
  An ex-forex trader and serial entrepreneur with leadership positions on several ethereum-based projects managing developers and building partnerships.
• Callum Mitchell-Clark – COO
  Crypto and Defi Enthusiast and Investor with 10 years managerial experience with several multinational organizations.
• Neil Tiongson – CBO
  A marketing coordinator at Five Group Pty Ltd with over 5 years of experience in the creative industry. Plays several roles, and has worked with several international brands.
• Bullo Taurus – CMO
  A marketer with 5 years of marketing experience and an expert in marketing strategy user acquisition, market trends, and investor psychology.
• Sanders Poel – Blockchain Developer
  Co-founder of Apollo IT Consultants and Dew Exchange with over 3 years of experience as a blockchain engineer.
• Ding Tian Blockchain – Developer
  Software engineer for ShiXiang Information Technologies and an expert in Binance Chain and BSC.
• Michael Ayobamidele – Blockchain Developer
  10 years experience in the banking, finance, and telecommunication sector. He is a web developer and blockchain programmer, business developer, analyst, and strategy formulator.

Roadmap of Plethori

Q1 2021

Project Conception

Smart Contract Development

Platform Development

Whitepaper Release

Seed Sale

Private Sale

Smart Contract Audits 

Q2 2021

Public Sale

Token Generation Event

Plethori Platform (V1) Launch-Public Funds

Farming Vaults Launch

Binance Smart Chain Integration

CEX Listings

Plethori Platform (V2) Launch-Private Funds

ERC721 Integration-NFT Release 

Q3 2021

Plethori Platform (V3) Launch

Fiat Gateway

Plethori Governance Platform (V1) Launch

Mobile Application

Cardano Research and Development

Q4 2021

Plethori Governance Platform (V2) Launch-DAO

Polkadot Integration

Legal Licenses Applications

Incorporation

Traditional Finance Expansion

Economics and supply of Plethori

Token Allocation

Token Name	PLE
Community Rewards	2% of total token supply
DEX/CEX/IDO	2% of total token supply
Advisors	3.6% of total token supply
Public Round	3.8% of total token supply
Liquidity	5% of total token supply
Seed Round	12.5% of total token supply
Farming Vault	13% of total token supply
Staking Pool	13% of total token supply
Operations	13.3% of total token supply
Team	15% of total token supply
Private Round	16.7% of total token supply

Token Sales Data

Token Name	PLE
Seed Round	12,500,000 $PLE
Seed Round Token Price	0.02 USD/PLE
Private Round	15,000,000 $PLE
Private Round Token Price	0.03 USD/PLE
Private Round 2	7,000,000 $PLE
Private Round 2 Token Price	0.35 USD/PLE
Public Round	3,750,000 $PLE
Public Round Token Price	0.04 USD/PLE
Total Raised	1,095,000 USD

• Please click here for Token Distribution details.

Token Overview and Use Case

PLE Token is the native utility token of Plethori. It is used in an incentivized system for staking, farming, and fee mechanisms. PLE tokens use a locked-in mechanism through which profits are shared among all participants equally, according to the profit generated.

PLE Token can be used in the following ways:

• Access to and deposit/withdrawals for the platform
• Staking/farming for rewards
• Voting rights in governance
• Transaction fees

Token Governance

Plethori governance platform and community forum will be in charge of Plethori Governance. In this platform, token holders will be able to submit proposals and vote on changes to the platform which will be vetted and executed by the governance contracts.

Influences of the governance tier level and strength are;

• Length of time holding PLE
• Length of time staking/farming PLE
• Frequency of usage of the Plethori platform
• Level of engagement in the Plethori Governance platform
• Community contributions

Technical Infrastructure

  Plethori is built on an interoperable DeFi protocol that allows cross-chain investments and trades. It also has a Fiat gateway integration that allows users to easily invest in crypto funds through their platform. This will facilitate fiat-to-token investing and create a bridge to the world of traditional finance.

  Plethori platform will also have NFTs integrated which will not only be tradable but also serve to reward ETF creators based on ranking and achievements. This will provide the community with advantages for use within the Plethori platform and other partner projects.

Plethori’s Community Overview

  Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and the creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions.

Plethori platform offers decentralized cross-chain investments for exchange-traded funds built on the Ethereum and Polkadot blockchains.

Exchange-traded fund assets as of 2020 were worth $7.74 trillion according to Statista Research Institute. North America, Europe, and Asia own the largest ETF Industries worth over $7 trillion in total.

Plethori is positioned to capture a large part of these industries and expand the benefits of decentralization to traditional finance.

Plethori opens new opportunities to their users and leverages layer 2 technology to deliver high-speed, low-cost trading at the click of a button through their cross-chain functionality. They are built on an interoperable DeFi protocol that allows cross-chain investments and trades.

Future growth strategies:

• Plethori will leverage layer 2 technologies across their entire platform to enable high-speed, low-cost trading and deliver fast contract executions creating a smooth experience for the user, using optimism.io.
• Plethori will strategically disrupt the money market by facilitating a decentralized trustless investment network.
• Plethori Protocol will allow users to stake collateral to create their own ETFs with their portfolio of tokens.

Community and social channels

SOCIAL

   Twitter (Plethori)10k followers

  Telegram (Plethori)

   Medium (Plethori)

   Coingecko

   Buy on Uniswap

   Website

Advisors

• Neil Mitchell-Clack
• Matthijs van Driel
• Lester Lim

Restoring the name of DeFi in iGaming

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Key takeaways

Key metrics (as of 16th of May)

Token type: ERC-20 token
Circulating supply: 10,017,979.00 ROYA (14%)
Total supply: 72,000,000 ROYA

1. What is Royale Finance?

Royale Finance is a decentralized industry-focused lending protocol basing its mechanisms on DeFi primitives.

Calling themselves iGDeFi, they are a cross-chain liquidity and technology solution for iGaming platforms.

Launched as an attempted fix for the security and trust loopholes in gaming platforms and for the liquidity access for game developers, they claim that many game developers halt their progress because of the lack of resources.

Using provably fair algorithms and a system that ensures entrepreneurs a chance to find their place in the game development industry, Royale Finance aims for a more open market that allows new and innovative ideas to sprout.

2. ROYA price statistics (as of May 16th 2021)

Royale Finance Price: $0.2953
Initial price (January 8th, 2021): $0.2194
24h Low / 24h High: $0.2803 / $0.2972
Trading Volume: $1,330,594.63 (12.66% up)
Market Cap: $2,959,912.18

Roadmap

November 26th, 2020 – partnering up with Vendetta Capital (advisory firm niched on decentralized finance projects)
December 2nd, 2020 – collaboration with Kyros Ventures (group of influential entities in the Vietnamese blockchain industry)
December 3rd, 2020 – first seed placement round sells out and a second one is announced
December 7th, 2020 – strategic partnership with Alphabit (digital asset investment fund)
December 14th, 2020 – announcement of new integration partner TIDAL Finance and of the debut of IDO on Polkastarter. Royale opens two contribution pools on Polkastarter, the Queen Pool for applicants offering 1.675M $ROYA, and the King Pool for applicants offering 0.825M $ROYA, who also have 1,000 $POLS TOKENS.
December 18th, 2020 – Fomocraft becomes an active supporter of Royale, contributing to the seed round and helping with advice on marketing, communication, and crypto strategy.
December 21st, 2020 – announcement that on January 8th, 2021 ROYA will be listed on Bithumb Global
January 4th, 2021 – Fund AU21 Capital joins the investor’s group for Royale
January 11th, 2021 – On a majority of 232 votes out of 280, Royale decides to lock liquidity in Unicrypt smart contracts on the grounds that this move would “reduce slippage and encourage trading volume in the ROYA/ETH swap pool”.
January 12th, 2021 – second integration partner announced, BetProtocol
The partnership is an all-in-one tech solution that combines the liquidity pools of Royale with the provably fair technologies and vigorous crypto integrations of BetProtocol.
January 19th, 2021 – strategic partnership with CasinoLicense.com
In view of this new partnership, Royale claims to help the iGaming companies supported by their platform efficiently obtain licensing services. In return, CasinoLicense.com’s clients gain access to Royale’s liquidity pools.
January 21st, 2021 – collaboration with Mantra DAO to launch a staking reward program, having the first 100,000 $ROYA deposited benefiting a 467,2% APY.
January 21st, 2021 – announcement of their first Royale Rarities NFT Collectible, the “Queen of Queens”
The ones who own the “Queen of Queens” have the advantage of priority access to special promotions and exclusive iGaming access.Founders claim that NFTs will be an important element in the Royale ecosystem, consisting of art pieces and rewards, such as airdrops of ROYA and tokens from partner projects.
Also, Royale NFTs could be used:
• as a financial product (loans and insurance contracts)
• in iGaming by the partnered companies as rewards for their players
Royale is to withhold a 5% transfer fee from the seller and buyer, a fee that goes directly into the Royale liquidity pool.
February 4th, 2021 – partnership with e-Money for a handy infrastructure that will aid entrepreneurs to bankroll their platforms (using stablecoins).
February 24th to March 10th, 2021 – Incentivization program, rewarding 10.000,00 ROYA
February 25th, 2021 – partnership with DeFi Wizard in order to integrate Binance Smart Chain ROYA becomes available for transaction on Ethereum and BSC
March 3rd, 2021 – partnership with SpiderDAO
This partnership results in giving users access to liquidity as utility, which subsequently will enable gamers free access to SpiderVPN.
– partnership with API3 in order to oversee the price data transparency
Benefits: no middle man, no further taxing, and fewer oracles.
March 8th, 2021 – partnership with CyberFi’s ITAP (Intelligent Trading & Automation Platform), a tool for efficiently managing trading, farming, and liquidity pooling and yielding analytics
March 11th, 2021 – collaboration with Dafi
– partnership with Playcent, a decentralized user-generated content platform for apps, games, NFTs, and tokens
The partnership focuses firstly on introducing ROYA inside the platform for users to play for assets, subscriptions, and in-app purchases.
March 15th, 2021 – strategic partnership with Peckshield, security auditing expert.
This partnership benefits the Royale platform of risk control, defense deployment, and code auditing.
March 16th, 2021 – collaboration with Bonded, doubling down on the research for growth opportunities.
So far, the developments have produced effects in the accessibility of capital resources, borrowing, and landing ROYA, increasing ROYA demand and controlling scarcity, earning liquidity incentives, and BOND tokens.
March 17th, 2021 – partnership with Boson Protocol
The collaboration aims to turn in-game currency into real-life spendable money.
March 25th, 2021 – partnership with Kylin Network, increasing the data reliability of smart contracts.
The prominent platform offering oracle services will provide tools to users in order to create a trustless trading system.
April 20th, 2021 – collaboration with Sheesha Finance Going way back (the founder of Sheesha Finance is one of Royale’s early investors), the collaboration aims to create Liquidity Generation Event: a series of staking mechanisms boosting the contribution of Ethereum and Binance Coins to the available blockchain networks in return for Liquidity Provision Tokens.
April 8th, 2021 – integration of Bridge Mutual widget* in the Royale platform
* Bridge Mutual is a decentralized risk coverage solution allowing users to access the protocols directly from the app.
April 11th, 2021 – Royale collaborates with Immunefi to solve network security issues
April 21st, 2021 – the launch of Royale Mint (a staking pool) in collaboration with Ferrum Network
The partnership rests on Ferrum’s knowledge of interoperability with fiat currencies and DeFi solutions.
May 6th, 2021 – announcement of Royale Finance Web 3.0 Mainnet V1.0 Launch
Features of Royale Web 3.0 App:
• Royale DApp Stablecoin Liquidity Provision
• Royale Pool Token (RPT) Staking & mROYA Farming
• Royale Staking Lots
• ROYA Reserve & mROYA Farming
• DeFi Powered Gaming Liquidity

3. Community and Social Media Channels

Royale Foundation’s Website
For everything you need to know about Royale Foundation, visit the official Website.
Royale Foundation’s Telegram
Join the conversation on Telegram to stay in the know about Colony Network.
Royale Foundation’s Twitter
To keep up with the latest updates from Colony Network, follow them on Twitter

PART 1. Introduction of South Park project and community questions.

Hello, Satoshi clubbers and guests of this site. Do you like South Park cartoons? Today our guest from South Park Finance. Are you happy? Yeah, let’s talk about this project.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

D. | Satoshi Club – @Cool_as_Ice

The Representative of the project:

Timmy Burch – @timmy_sp_admin

Introduction of South Park finance project.

Mary | Satoshi club:

Hello, Satoshi club! We are happy to announce our ama session with Southpark finance! Welcome to Satoshi club😀

D| Satoshi club:

Today our guest – @Timmy_sp_admin ! 👏Timmy!

Mary | Satoshi club:

Hello, Timmy! Happy to see you here 👍

D| Satoshi club:

Good to have you here Timmy!

Mary | Satoshi club:

How’s going?

Timmy burch:

Hey, mary and d.! Thank you for having us here and me as a spokesperson for the whole team of South Park!

Mary | Satoshi club:

We love South Park🎉 and it’s a pleasure to have you here today! And as usual we will start with an intro😀

Timmy, please, introduce yourself and give us shot introduction of South Park finance 🚀

Timmy burch:

Me, Timmy, I used to be less than unnoticed but after South Park came to DeFi I felt myself born for the second time! I can speak, I can talk! Mary! I even can walk!

D| Satoshi club:

Incredible 🤩

Timmy burch:

All thanks to the team. We are a group of 4 people working hard together to make our beloved South Park shine in DeFi field.

Three developers, one marketer and part-time desiger (i believe he’ll become full-time of the team soon) – is a small but hardworking team of enthusiasts so heavily devoted to a common goal – built something noticeable in yield farming these days.

Mary | Satoshi club:

Is Kenny in your team?

Timmy burch:

Of course, he is on our team – he is our token! 🤑😂🤣

Mary | Satoshi club:

Ahaha, so no one will kill him😂 Why South Park?😀

Timmy burch:

Even if so – he will always come back to life 😉

D| Satoshi club:

Btw, south part is your hobby project? Which you building in free time?

Timmy burch:

Yes, let me tell you more about what South Park is Of course because we all love it! It is our main project and later you will see why we can’t do it part time

Mary | Satoshi club:

My son loves it and me as well

Timmy burch:

Okay, let’s get back to the main question – what is South Park on polygon network.

Mary | Satoshi club:

Sure!😀

Timmy burch:

South Park is the last resort for everyone who takes yield farm seriously and craves high APRs, smart tokenomics, and a profitable referral system.

D| Satoshi club:

This is an interesting choice. I think you one of the first newly born project on our ama, which chosen polygon as its first chain, the main chain

Mary | Satoshi club:

As I know you started to experiment with polygon😉

Timmy burch:

It was a non-brainer as polygon is on fire nowadays!

Mary | Satoshi club:

You follow the trends!

Timmy burch:

South Park has it!

D| Satoshi club:

Yes, yesterday, very cool experience 👍

Timmy burch:

I’m wondering. If you know any better than 3 level referral system in projects running on smart contracts?

Mary | Satoshi club:

Even I haven’t seen such system for a long time😀

Timmy burch:

Exactly! That’s what Kyle was pushing for on our daily meetings! And I believe he was right – having income from friends of your friends is the best you can find among competitors in yield farming!

Mary | Satoshi club:

Sounds good 😊 Timmy, thank you for your intro! Are you ready to go to the questions from our community?

Timmy burch:

Let me give our project a more detailed introduction.

For starters – we are running our DAPp on polygon – the most advanced, fast second layer solution network with unbelievably cheap transaction fees.

For the second – our APRs are mind-blowing! Totally cartmans idea, by the way.

For the third – our referral system will make you rich. End of discussion! Just don’t be lazy, lol

For the last – our tokenomics is smarter than it looks from the first glance. We’ve put lots of thoughts into it to make our token – Kenny – deflationary.

Preselected questions about the South Park finance DeFi project.

D| Satoshi club:

I won’t ask too much about this, because I believe we have a question in the first part related to this topic  😄 Let’s goooo!🚀 thank you for the nice intro!

Q1 from telegram user @xperia3

There are some projects in the market uses some of the famous cartoons or animes such as pokemon, however, they do not have an official agreement with these productions. Do Southpark finance really have an physical agreement with South Park? How legit is Southpark finance?

Timmy burch:

At this stage of our project we can’t disclose anything related to this topic. All I can say is that we are in contact with the rightsholders.

Mary | Satoshi club:

Ok, so we have hope that you won’t have any problems with this topic?

Timmy burch:

DeFinitely!

D| Satoshi club:

Did you try to reach South Park creators? Via social media, and somehow discuss with them your vision on a project?

Or probably you have plans on this?

Timmy burch:

We are in process of negotiating. Wait for some news. 😉

D| Satoshi club:

Okay, go it 👌

Mary | Satoshi club:

Ok, we will follow your updates! Thank you for your answers! Ready to proceed?

Timmy burch:

Timmy! Yes, mary!

D| Satoshi club:

Q2 from telegram user @ruttiee

While researching on your project, I noticed that one of issues highlighted in your audit report is the risk of liquidity centralization. The report states that liquidity gets added to the operator and the operator has control over most of the token liquidity. This implies that the project team can easily remove liquidity and rugpull. This raises serious concerns about the security of investors fund especially with the high number of rug pull going on in the crypto space, how will Southpark.finance ensure it’s holders and prospective investors that the team won’t remove liquidity and rug pull? Has southland resolved these issues in its smart contract since the audit?

Timmy burch:

We have planned an event when we will start to send it to the token address so that liquidity will not be unwrappable and sellable. We created South Park to shine and prosper for many episodes and series ahead and we’ll never harm our beloved place!

D| Satoshi club:

When will this event happen?

Mary | Satoshi club:

Ok, trust builds not only on code, vut also on personal trust😀 can you tell us who is in your team?

Timmy burch:

As far as I remember – in less than 48 hours. Oh, wait, I have a precise time – June 8, 5pm utc

Three developers, one marketer and part time designer (I believe he’ll become full time of the team soon) – is a small but hardworking team of enthusiasts so heavily devoted to a common goal – built something noticeable in yield farming these days.

We have intensive knowledge in smart contracts and web development and have been in the crypto world since as early as 2011!

Mary | Satoshi club:

And this issue will be removed after this event? Do you plan additional audit to insure your investors that everything is safe?

Timmy burch:

Yes, as security is very important to attract big investors!

We’ve suffered at least two rug pulls – both hard and soft ones and decided to create our own project – safe place for our own money and for everyone who will join South Park.

D| Satoshi club:

True, security is super important, it gains trust to the project

Mary | Satoshi club:

Are you public or anonymous?

Timmy burch:

At this stage of our project, we are anonymous and eventually we will demon as we don’t see us growing without introducing our identity to our community.

Mary | Satoshi club:

That’s nice, we will follow your updates!

Timmy burch:

Timmy! 💪😉

Mary | Satoshi club:

Timmy, thank you for your answers! Ready for the next question?

Timmy burch:

Yes!

D| Satoshi club:

Q3 from telegram user @asela1112

Automatic liquidity implemented as 5% transfer tax on each transaction of its native token Kenny in South Park. What transactions fall under taxation & what transactions with tax free? 3% will be added to the Kenny-matic liquidity pool & 2% will be added to the reinvestment pool. Most of the platforms redistribute about 2% to their native token holders or staking holders. How about South Park platform in this matter? Is there any automatic burning protocol when a transaction occurs, without affecting in inflation rate?

Timmy burch:

Indeed, South Park has a 5% transfer tax on each transaction of its native token Kenny in south

– 3% will be added to the Kenny-matic liquidity pool through the contract automatically. Liquidity will be added on quickswap.

-2% will be added to the reinvestment pool through the contract automatically.

What transactions fall under taxation?

1) wallet to wallet transfers

2) Kenny swaps for any other token

3) add/remove liquidity on quick swap for any pairs with Kenny

4) staking Kenny in pool

5) harvesting from any pool or farm

6) withdrawing from reinvesting pool

Timmy burch:

What transactions with Kenny are tax-free?

1) reinvesting Kenny

Let’s see how taxation works when you add/remove liquidity on quick swap on example of $1000 Kenny: $1000 Matic.

You will receive lp tokens for $950 Kenny: $950 Matic liquidity and $50 Matic back.

$50 Kenny tax will be sent to

1) $30 to Kenny-matic liquidity

2) $20 to reinvestment pool

Mary | Satoshi club:

How does the reinvestment pool work?

Timmy burch:

In South Park we don’t distribute 2% directly to token holders. We send it to the reinvestment pool and those who participate in it share it.

Let’s see how the reinvestment pool works.

The only way to stake your Kenny in this pool is to reinvest your rewards Kenny from other farms or pools.

Just click button reinvest instead of harvest and your Kenny will be staked to reinvestment pool. Strating from this moment except of rewards per block for staking in the pool with 30x multiplier you will share all those 2% taxes!

Mary | Satoshi club:

How many Kennys already were shared?

D| Satoshi club:

Thanks for explanation! Any plans to get listing on some CEX? Anytime soon

Timmy burch:

Currently, almost 600 000 Kenny were shared among shareholders of the reinvestment pool!

Yes, this week, stay tuned! First, we need to implement the answer to the first question and then listing 😉

D| Satoshi club:

Gotcha, that’s good news!

Mary | Satoshi club:

It’s 3600$ by current price!

Mary | Satoshi club:

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

Timmy burch:

Yes, sure!

D| Satoshi club:

Q4 from telegram user @pixma00

The only farm with an incredibly high apr and a tokenomics smart enough to handle the selling pressure on its native token, Kenny.  What is the yield and apr rates?  How many levels is your referral system divided into?  What strategy will be applied so that Kenny lives forever?

Some of these questions were answered, but you can add something new, if you want.

Timmy burch:

1) current apr is up to 5000%

2) we have 3 levels of referrals – you can earn from friends of your friends!

3) we are prepared to run an aggressive marketing campaign, implement a South Park game that will involve Kenny, and become an ad company on DeFi. We are ambitious and determined.

Mary | Satoshi club:

How does referral system work? What referred friend should do?

Timmy burch:

From your direct referral you get 1%, from his direct refs — 0.3%, from their direct refs — 0.1% 🤑

All you need to do is to share your referral link with your friends and communities.

You can find your link here

Mary | Satoshi club:

Should he investor, for example, just sign up?

D| Satoshi club:

Percentage will always be the same, or you can change it in both ways?

Timmy burch:

You will get rewards when he harvests his rewards!

The percentage will be the same unless the community asks for changes. Remember that we’ve implemented timeclock and we can’t change anything immediately.

D| Satoshi club:

Got it! Thanks for the answers! Ready for the next question?

Timmy burch:

Yes! Timmy!

D| Satoshi club:

Q5 from telegram user @cryptofollower

You implemented a feature named harvest lockup. It is introduced on South Park to limit the frequency of harvest which acts as a protection layer from token volatility. But you announced that time to be 4 hours. Why is that? I’ve seen on some projects that harvested coins are locked for weeks or more… what will be the benefits of harvest lockup and why did you implement it? Do you plan to change the time in the future and is it possible to change with governance?

Timmy burch:

As I said above we can change some parameters of our South Park yield farm but only when demanded by the community.

We’ve chosen 4 hours specifically after lots of debated on this topic in the team. Cartman wanted to make harvest available at any time! But how can this work with high emission per block? Kyle wanted it to be 72 hours as it would give the team time to introduce new token use cases and do marketing moves. After a long discussion, we’ve chosen 4 hours as it turned out to be more reasonable.

Mary | Satoshi club:

Who can see how many coins are locked and when unlock will happen? Team? Or all users?

Timmy burch:

We don’t monitor that although it is technically possible. Instead, we put our time into the development of the next feature. Anyone with extensive knowledge in smart contracts can figure this out I guess although I am not part of the technical force in our team and I can’t say for sure. What I can tell you though is that it doesn’t really matter as people have their harvest unlock time in pretty evenly spread time so we haven’t seen any peaks of selling pressure.

Mary | Satoshi club:

Gotcha 👍 Timmy, thank you for your answers! Ready for the 6th and last question from this part?

Timmy burch:

Yes!

D| Satoshi club:

Q6 from telegram user @imwiiw27

Since your project name is Southpark, that based on American animated series. Do you have plan to make similar character in Southpark as NFT?

Timmy burch:

Yes, stay tuned and wait for announcements!

D| Satoshi club:

So, the time for NFTs release is not set?

Timmy burch:

Yes, we don’t have a precise date.

D| Satoshi club:

👌 @madamlobster are we ready for the second part?

Mary | Satoshi club:

We will wait, it will be great to see all characters as NFTs😁

Timmy burch:

Yes!

Mary | Satoshi club:

I am, let’s ask Timmy. Then, let’s go 🚀

PART 2.Questions about the South Park finance 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 South Park finance 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 @BJosefina61

Why do some pools have a higher multiplier factor than others (from 5x to 60x)?

Timmy Burch:

I find this very interesting. First for the data 🙂 , but secondly because it’s a very interesting case for governance. The $TSX will allow users to vote, and the TSX will be distributed to users of the platform by liquidity mining. I find it very powerful and unique that the community itself will be able to decide what goes next, what should we change, enhance, etc. We are considering adding next soccer, and then e-sports in the original plan.

Q – 2 from a telegram user @vedamatrix

Are there any plans to add mini-games into the project after NFT release? 

Timmy Burch:

Game is coming soon! Stay tuned!

Q – 3 from a telegram user @highpee

Your team is made up of only 4 full TEAM MEMBERS. Don’t you this they will be overworked with the great scope and objectives you have set for this project? Are you guys working remotely or you are together working in the same location? Will you be employing more hand?

Timmy Burch:

We definitely will have to scale at some point. I guess for now though we have enough power to meet all milestones on our roadmap. Two devs are working together, the other dev, marketer and designer – remotely

Q – 4 from a telegram user @JoxesXIII

t is very interesting that the TVL is + 1M$ while the mcap continues at 58k$; From the point of view of the project, do you think there is still potential ahead to consistently increase the TVL?

Timmy Burch:

Our project is highly undervalued in my opinion. With unique taxation system, high APRs it is capable to suck in hundreds of millions in TVL. This time will come with agressive marketing and new feature releases! Stay tuned!

Q – 5 from a telegram user @Cheriemike

Do you have another audition soon?Apart from Oblieks?

Timmy Burch:

Audit from Obelisk is pretty thorough by the way. I believe this company deserves more attention and trust. Other audits are planned for later though.

Q – 6 from a telegram user @Guandog

Kenny has been characterized by being practically immortal, how do you plan that $KENNY tokens also have this advantage and make the token valuable in the long term?

Timmy Burch:

1) marketing
2) new features
3) partnerships
4) work with community
5) team deanon

Q – 7 from a telegram user @nitrogenpower

Where can I buy $Kenny just now did it list the token anywhere right now?

Timmy Burch:

https://quickswap.exchange/#/swap?outputCurrency=0x6b1faaa2771E8B3AA0e0ba6830436E2DF2a0abD6

But don’t forget that 5% will be deducted that’s why you need to set up slippage to be more than 5%

Q – 8 from a telegram user @cindy_crypto

South Park is based on Polygon it really looks like Pancakeswap how is it possible? Do you have BSC support or this just pancakeswap interface?

Timmy Burch:

It is based on QuickSwap. We will release our own AMM though 😉
Support for other networks is highly discussed in the team. If community will vote we’ll add support of BSC into our roadmap.

Q – 9 from a telegram user @arboledae

Many projects start but get stuck along the way, could you tell me if you plan to stay active and offer projects and opportunities to the community in the long term?

Timmy Burch:

Our motivation is like KENNY – it is immortal 😉
We will always keep up the good work and provide new utility to our native token. I see the main advantage right now is 3 level referral system. We are one of a kind in these terms.
The other is a recognizable brand. And as we progress – new features will add much more uniqueness to South Park!

Q -10 from a telegram user @arbestefy

What do you consider your main advantages, main outstanding characteristics of this project, and how do you demonstrate its transparency and efficiency?

Timmy Burch:

Here

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the South Park finance 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: South Park finance

Telegram group  | GitHub |  Tweeter  |  Website  |  Medium 

PART 1. Introduction of Rikkei.finance project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about fRikkei.finance.

Rikkei.Finance is a revolutionary DeFi platform, with the core is a unique Open Lending System: Cross-chain support, NFTs collateralization, and P2P Insurance.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Tung Vu – @tung_vu – CTO of Rikkeisoft & Rikkei.Finance

Introduction of Rikkei.Finance project.

Gold rocket | Satoshi club:

Hello, dear Satoshi club community! We are pleased to announce ama with Rkkei. Today our guest is @tung_vu!

Tung vu:

Hey hey, guys. Finally, I can say hello to the Satoshi family 🙂

Thank you so much for having me here today

Gold rocket | Satoshi club:

Hello and welcome to Satoshi club, @tung_vu! Sorry for delay. 😊🙏

Tung vu:

All good 🙂

Gold rocket | Satoshi club:

We are very glad to conduct ama with Rkkei!

Tung vu:

I’m glad to be here too.

Gold rocket | Satoshi club:

Let’s start!

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

Tung vu:

My name is tung, co-founder & CTO of Rkkei finance. I completed Ph.D. From Nanyang technology university, Singapore in 2017. I had previously served as a scientist, researcher at various reputed institutions.

Before Rkkei finance, I was CTO of Rkkeisoft, one of the biggest companies in Vietnam with more than 1300 developers working in multiple countries, including Vietnam, Japan, Singapore, etc.

With Rkkei finance, I aim to provide better solutions for the users, enhancing their experience and encourage greater participation.

Gold rocket | Satoshi club:

Wow! Great background 👍

Tung vu:

Thank you 🙂

Andrés m. | Satoshi club:

Wow, important experience👏

Gold rocket | Satoshi club:

What is the essence of Rkkei?

Andrés m. | Satoshi club:

How this idea come to your mind and how many times ago Rkkei born?

Tung vu:

In simple words, Rkkei finance (rifi) is a lending protocol.

The core features cross-chain support, NFTs collateralization, and p2p insurance. It utilizes blockchain tech that enables cross-chain integration, meaning it can accept digital assets that operate on any blockchain network and render it at an equivalent rate, making them a real-time currency exchange network as well.

Well, Hoa (CEO) and I were working together on blockchain for a while already. Rkkeisoft has invested in some blockchain companies since 2019, some of them become really successful.

We (Rkkeisoft) provided them not only the financial faCTOr but also helping with the smart contract development as well.

Gold rocket | Satoshi club:

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

Tung vu:

So along the way working with those companies, we come across a lot of brilliant minds. Hoa and I both agreed that this field is so interesting and full of potential. That’s why we started Rkkei finance

Gold rocket | Satoshi club:

This means that you already know how to make business successful! 👍

Tung vu:

We got a team of 25 people right now. Most of them are developers: solidity, frontend, api. We got a marketing team and management team as well. Our main advisors including loi luu (CEO of Kyber) and john ng (managing partner of signum). They are really helping us a lot.

Yeah, 9 years with Rkkeisoft really help us a lot. We built the company from 12 developers to 1300+ devs now. What a journey!

Gold rocket | Satoshi club:

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

Tung vu:

Sure, I’m ready

Preselected questions about the TradeStars DeFi project.

Andrés m. | Satoshi club:

Q1 from telegram user @michelth

Rkkei.finance is a revolutionary defi platform, the core of which is a unique open lending system: cross-chain support, NFT collateralization, and p2p insurance.  Cross-chain technologies open a new horizon for collateral and asset lending.  Can you explain the loan interest rate model to us?  How is it calculated?  How much profit does it bring to the market and investors?

Tung vu:

Okay, that’s one of the core features of our system, explanation would take a little time hehe.

Gold rocket | Satoshi club:

Take your time, please😉

Tung vu:

Basically, in the lending protocol, the borrow interest rate is calculated based on the utilization (ratio between supply and demand). For example, the compound is using a linear borrow interest rate model.

Andrés m. | Satoshi club:

Why did you choose this model?

Tung vu:

Tung vu:

So, when the demand increases (more people borrow from the pool), the borrow interest rate will go up linearly.

Gold rocket | Satoshi club:

Yes. Tell us about the benefits of this model. How is it different from others?

Tung vu:

There’s nothing wrong with the linear interest rate model, however, there are a couple of points along the line you need to pay attention to, to make sure that your system is safe.

(1) at the stress point, when everyone is borrowing at max capacity. If there’s a big price correction (flash dip) in the market, everyone got liquidated and you can just simply go bankrupt. That why’s at this point (ut) we exponentially increase the borrowing rate.

(2) at the low point, when no one wants to borrow anything. We find a way to lower the borrowing rate without trading off the supply rate.

Gold rocket | Satoshi club:

Does this mean that a unique open lending system is safer for users?

Tung vu:

Generally, yes. At low point users get more benefit, at highpoint the protocol is so much safer. So, win-win for both parties.

Andrés m. | Satoshi club:

So, what is your strategy to increase liquidity?

Tung vu:

Yeah, thanks for asking.

Gold rocket | Satoshi club:

Position win win👍

Tung vu:

1. About initial liquidity providing

(1) rifi has raised $5.6 million, definitely not a small amount. This initial fundraising can provide (partly) the initial liquidity for the system, which is as per our plan.

(2) investors and partners of rifi all have committed to provide a certain amount of liquidity into the system. The total number is quite impressive, and it will be shared with the community shortly.

(3) we are announcing the stable vault soon. People can start depositing token in to get high APY as well.

1. About long-term profit

Lending is all about the difference between borrowing interest rate and supplying interest rate. This difference will be used as:

(1) interest payment for the lender

(2) risk reserve for the protocol and

(3) system profit.

In the short term, we will not prioritize the profit of the project, but we will focus mainly on risk reserve purpose, ensuring the safety of the protocol as well as users. We will gradually increase the profit margin in the long run. In general, this will be a profitable and sustainable business model, not relying on selling tokens for profit like some other defi protocols.

Andrés m. | Satoshi club:

Fantastic strategy, all the scenes covered, great job👏

Tung vu:

Thank you. Team effort haha

Gold rocket | Satoshi club:

Thanks a lot for this explanation! The benefit is obvious! I suggest moving on to the next question😊

Tung vu:

Let’s go

Andrés m. | Satoshi club:

Q2 from telegram user @user5k

Rkkei investors and partners have agreed to provide a certain amount of liquidity to the system.  The total number is quite impressive and will be shared with the community shortly.  Could you detail us how much rifi has definitely raised?  Do you think that with this injection of capital they can start the development of the project or as time passes a new reinvention of capital will be carried out?  How will the liquidity provision be distributed?  Can you tell us what benefits will be shared with the community?

Tung vu:

Let’s me share with you guys some information about the fund-raising processes.

Tung vu:

Gold rocket | Satoshi club:

Looks good👍

Tung vu:

We didn’t raise any money for the seeding round. We developed our product first, and then when it’s running on testnet we introduced it to individual strategic partners and investors. The evaluation at that time is $30m and $40m respectively.

We raised $1.2m for the strategic round and $4.4m for private sales. The usage of the fund will be used as below

Gold rocket | Satoshi club:

Well, your approach inspires trust and respect.

Andrés m. | Satoshi club:

Thanks for share it. Btw, is KYC needed to use your platform?

Tung vu:

KYC is not required to deposit and borrow. We are not supported unsecured loan right now, so KYC is not really needed

We believe that the fund is enough for 2nd phase of development. For longer-term, as I shared before, the business model will provide profit by itself! No.

Andrés m. | Satoshi club:

That’s great. Would you like to add something before the next question?

Tung vu:

Let’s go to the next question

Andrés m. | Satoshi club:

Q3 from telegram user @manugotsuka

I just realized that Rkkei finance applies an innovative implementation where NFTs can be used as collateral and borrowing, so how do you guarantee that this implementation will have the same performance with NFTs as stablecoins?

Gold rocket | Satoshi club:

Thank you very much for your answers! 😊

Tung vu:

We all have to agree that evaluating the value of NFTs is tricky, especially NFTs price can be easily manipulated by a group of users. So, to keep lending protocol safe, for NFTs we will do a p2p lending system with 2 NFTs lending cases supported as follows:

(1) use NFTs as collateral.

You are an NFT holder, and you want to borrow money: you lock your NFT in our system with a price tag. If anyone believes that your NFT is worth that much, they will deposit money to lend to you. Before the deadline, if you return the money, you get your NFT back, if not the NFT is now owned by the moneylender.

Gold rocket | Satoshi club:

Yes, this is an absolute trend today🚀

Tung vu:

(2) earn money by lending your NFTs

You have the money and want to borrow NFT: happens when you play some game, facing a quest that requires a specific item. You don’t want to purchase that item because it is unaffordable. You can lock your money in the system and borrow NFT from other people. Return the NFT on time will get your money back, if not, you now are the new owner of that NFT.

Andrés m. | Satoshi club:

How do you calculate the price of the NFTs?

Tung vu:

We don’t. In this case, we have to put the safety of the lending protocol and current users first.

The way we do it as I explain is that we let the market decide the true value of your NFTs. Anyone believe that your NFT worth as much as the money you’re asking, they will provide the fund for you to borrow

Andrés m. | Satoshi club:

Offer and demand.

Andrés m. | Satoshi club:

Amazing tools that your platform offers, thanks for your answers😃

Tung vu:

Correct!

Gold rocket | Satoshi club:

Thank you for your great answers! Are you ready for the next question?

Tung vu:

I’m ready.

Andrés m. | Satoshi club:

Q4 from telegram user @yellowchamp

Rkkei finance multi-kinked interest rate model makes the lending platform robust and sustainable. The lending protocol also ensures system sustainability through its 5-phase asset selection process, which employs a self-developed liquidity ranking system. So, can you tell us more about the multi-kinked interest rate model being implemented by Rkkei finance? How does this interest rate become affordable to the market? What are the 5 phase asset selection process implemented for the lending protocol of your platform lastly,how does a self-deployed liquidity ranking system works? If these ways be implemented and applied in the lending protocol of Rkkei finance,what do you think is the outcome and does your platform is open for feedbacks and suggestions from your lenders or clients? Thank you

Tung vu:

Wow you guys really have done the research on the project. This is the first time I have someone asking me about the liquidity ranking system!

Okay, the question about the multiple-kinked model I already answered. Let’s me share more about the liquidity ranking system

Andrés m. | Satoshi club:

We have high-quality users; however we received a big quantity of questions about your project, our members are so interested🥳👏

Tung vu:

First of all, why are we building the liquidity ranking system? The reason is that, recently we witnessed a lot of attacks into defi protocol. They exploit different weaknesses of the protocols, normally including (1) bugs in source code (2) manipulating token price and (3) bad risk management control model.

Gold rocket | Satoshi club:

It’s good that you are talking about security.👍

Tung vu:

We can avoid it by applying multiple methods to ensure the security of the system. Transparent 5-phase asset selection process is one of them, and the liquidity ranking system is the core value of it.

Through this process, assets will be evaluated using a self-developed liquidity ranking system, ensuring that only the most liquid assets are allocated to the pool, minimizing the risk of market manipulation and thereby ensuring system sustainability.

So, in short, we only support top coins, which are really really hard to manipulate. Hopefully, it will help strengthen the security of the system.

Andrés m. | Satoshi club:

Which coins do you support at the moment?

Tung vu:

Starting with stable coins like USDT, USDC, BUSD.

For nonstable coin we will support BNB, ETH, BTC.

Gold rocket | Satoshi club:

You thought out all the details very well👍 I hope this will give excellent results

Tung vu:

More markets will be introduced shortly 🙂

Andrés m. | Satoshi club:

Thank you, we will be waiting for the coming announcements about it. 😃

Tung vu:

Sure.

Andrés m. | Satoshi club:

Time to proceed with the 5th question.

Gold rocket | Satoshi club:

Thanks for your answers ☺️

Andrés m. | Satoshi club:

Q5 from telegram user @ruttiee

Rekkei.finance support NFTs as collateral which allows NFT holders earn by lending their NFTs and there are 2 NFTs lending cases that we support on the rifi platform which are:an NFT holder seeking a loan and a user who wants to borrow NFT. Can you please explain in detail how this two cases work? How will rifi platform match an NFT owner with a user who wants to borrow NFT?

Gold rocket | Satoshi club:

Partially disclosed. But maybe you have something to add😊

Tung vu:

Yeah, 2 case studies for NFT lender and borrower i’ve already mentioned.

I just want to add that we are not going to build a new NFT marketplace.

Gold rocket | Satoshi club:

Thank you very much for the clarification.

Tung vu:

Yeah, NFTs is trending and nice, but we really want to focus our team and all of enegy on the lending protocol. Building such a complex system like that requires 100% focus and a lot of work. We will collaborate with top-tier existing NFTs marketplace to provide more service for their users and also our lending users.

Andrés m. | Satoshi club:

Talking about financial products is talk about a safe environment, have you done events to increase transparency and security like audits or hackathons?

Tung vu:

Quick peak for you guys about the liquidity ranking system. We’ve finished building the product, just waiting for the exact date to announce it.

Yes, we are auditing our coding with multiple vendors like Hacken and Perkshield.

Any line of code that we introduce to the community is carefully scanned and audited.

Gold rocket | Satoshi club:

Congratulations! Great milestone! Don’t forget to share with Satoshi clubbers😊

Tung vu:

Sure, I’m more than happy to share it with you guys.

Andrés m. | Satoshi club:

We are happy to know that everything is safu😁

Gold rocket | Satoshi club:

Thanks for your answers! Ready to proceed to the last question of this part?☺️

Andrés m. | Satoshi club:

Thanks for the detailed info and for make it easy to understand for all our members.😃

Tung vu:

Yes, let’s go

Andrés m. | Satoshi club:

Q6 from telegram user @cryptofollower

Rkkei finance raised $5.6 million to build the first open lending platform with cross-chain support and NFTs collateralization. And big investors in the blockchain industry, including signum capital, hyperchain capital, kyber network, x21 digital, ld capital and more invested to the project. Could you explain what mutual benefits will you get from these partnerships in the long term. Also what are the lockup periods and what is the token release schedule about this funding?

Tung vu:

Great question.

First of all, we are really picky in terms of choosing investors. The people who onboard with us, all bring a lot of value to the project.

Gold rocket | Satoshi club:

This is a good рroperty for a crypto project 😉

Tung vu:

Signum, ld: they are the first ones to approach us, helping a lot in terms of connection and advice.

Fomocraft for marketing

Blockart, x21, ybb, kyros, coin98 for the international community

Kernel capital for the Chinese community

Hyperchain also connected us with the fantom team. We are planning to build a new version on fantom too.

About the token release schedule

You can see that all early investors get 0% release at tge. That’s because we (investors and the team) agreed that the investment into Rkkeifinance should be considered as long-term investment, not pump-dump short-term kind of thing. The investors and strategic partners will stay with project for a long time and contribute value a long the way.

Also, it’s good for the community, if you are a retail investor, you don’t even have to worry about the ido/listing dump because it’s not gonna happen 🙂

Andrés m. | Satoshi club:

The great brand have you partnered with, is there any other partnership in plans?

Tung vu:

There are a lot in the queue. I’m dying to tell you guys right now, but the policy is policy. Stay tuned, we will announce it shortly

Andrés m. | Satoshi club:

@tung_vu thank you so much for your answers, it’s an honor to have a great and experienced personality with us, which makes Rkkei different from its direct competitors. Congratulations you have a strong project with great fundamentals. 👏😃

Gold rocket | Satoshi club:

Thank you very much for your answers and clarifications.

Tung vu:

Thank you so much for all the nice words.

Happy to be here sharing it with the Satoshi family. You guys are great!

Andrés m. | Satoshi club:

Then is time to proceed with the live segment of the ama😁, a ton of questions are coming to the chat.

Tung vu:

Let’s go

Gold rocket | Satoshi club:

Now get ready for the most impressive part of our ama! Live questions! 🚀

PART 2.Questions about the Rikkei.Finance 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 Rikkei.Finance crypto project chooses the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @sweetdoge

You mentioned about that you got a team of 25 people right now so do you plan to add more people into the team, any job offerings?

Tung Vu:

We will take it slow, quality over quantity. Of course you guys can DM me if you think can contribute to the project. Right now we are still looking for an CMO.

Q – 2 from a telegram user @Boylut

When do you plan to release your staking Vault? Is it after the product lunch? 

Tung Vu:

The staking vault will be release before the product launch.

There are 3 vaults:

(1) Stable coin vault: You stake your stable coin and earn some interest rate money plus RiFi token. It will be USDT vault.

(2) Rifi vault: You stake our RiFi token in and earn HUGE reward with GREAT APY. You can earn RiFi token even BEFORE the listing. We will announce the airdrop/bounty campaign very soon.

(3)RiFi/BNB Pair vault: You provide liquidity for RiFi/BNB pair and earn a reward from that.

Q – 3 from a telegram user @doithay1617

Rifi.Lending Dapp launching on Binance Smart Chain (BSC), why did Rikkei choose to launch on BSC instead of Ethereum?

Tung Vu:

Well, the anwser go back to the time we started developing the product. At that time, we have several choices: BSC, ETH, Polkadot, Solana, Fantom, …. They are all decent choice, and we have the strong technical team to go with any direction that we want. We chose BSC because:

– ETH is already crowded, the fee is too high and transaction is slow. Not really idea for the starting product.
– Polkadot is really trending and hot at that time. But Kusama and Dot are not yet released. We are not selling the idea, we have the product right there when we list. I don’t want to wait for the main-chain to be release so our product can run. I want it running smoothly from day 1.
– Solana/Fantom are both cool, but at that time the ecosystem is not really there. So we will have the plan to expand our system to those chains later

Q – 4 from a telegram user @nitrogenpower

On your interest rate feature are there only two different points for creating multiple kinked interest rates or is it possible to create more points?

Tung Vu:

Of course you can have different equation for different point on the utilisation line. However, there are only 2 critical points that you need to address: low point and stress point. As long as the utilization rate is somewhere between U_low and U_stress, your lending protocol is completely fine.

Q – 5 from a telegram user @NataliyaKil

One of the sections on your site is not yet available – Developer Hub. How soon do you plan to open this section, what function will this section have, will it be intended only for the development team, or will the information be available to regular users too?

Tung Vu:

We will open the section as soon as all the source code be audited. The most important function will this section have is the instruction for integrating our protocol into an existing systems like Financial hub ( coinbase wallet, Gnosys Safe app, …) or NFTs marketplace (rarable, …)

Q – 6 from a telegram user @Amila19932

Do you have any special plans to survive in a bear market? Because if we have already enetered to the bear market it is not easy to survive for a new project, Are you strong enough to survive in a bear market?

Tung Vu:

Actually, the mindset of investors have changed after many bull and bear periods. Right now, as long as the project has a strong core team, brilliant breakthrough ideas and solid products, it will attract a lot of investors. One prime example is that even in the present bear market, we have successfully raised nearly $6M to build our lending protocol – Rikkei Finance.

As you can see, we didn’t raise any money for seeding round, we’ve developed the product first. So that when we approach investors, they can immediately try out the project by themselves. By doing so, they can verify our technical capability as well as our business model.

With the secured investment from notable investors and a profitable business model (a lending protocol), we believe that we can survive this bear period.

Q – 7 from a telegram user @Xusuo

Well from what i read from today ama, Rikkei is greal lending project, may i know how are the way if i want to purchase Rikkei token? Any info regarding presale or public sale your token?

Tung Vuk:

For now the token sale is closed as we’ve finished strategic and private round. You can participate in the Airdrop and Bounty campaign (To be announced soon) to earn RiFi token, even before we’re listed on BSC.

Q – 8 from a telegram user @Akalkhan

How do you plan to spread your understanding of the project in different countries where spoken English is not good like mine?

Tung Vu:

We have a translator team working hard to bring more information about the project to other countries. But for now, most of the information will be in English, Chinese, and Vietnamese. More languages will be supported after the Listing and Product Launch.

Q – 9 from a telegram user @yellowchamp

How do you accept client’s suggestions and opinions with regards to Rikkei Finance lending protocol? How are you open for this situation?

Tung Vu:

Our token does have governing feature. Just by holding RiFi, your voice will be heard. We are open to discuss everything transparently with the community. From what token to be supported, what risk management level to be managed, collateral factor equations and so on.

Q -10 from a telegram user @cindy_crypto

Are there any features you implemented if a big price correction happens in the market to prevent everyone to be liquidated?

Tung Vu:

Crypto market is highly volatile, we all know that. When even like big price correction or flash dip, we all need protection, from lender, borrower and the lending system itself.

For Lender and borrower, we will bring the liquidation coverage feature from insurance partner to you as soon as possible.
For the lending system, to prevent panic withdrawal, we will implement limitation for one-time withdrawal amount.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Rikkei.Finance 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: Rikkei.Finance

Telegram group  |  Tweeter  |  Website  

PART 1. Introduction of Jindo
project and community questions.

  Hello, Satoshi clubbers and guests of this site. We have guests from the Jindo inu crypto project.

Jindo inu token will be used by JINDO SWAP and JINDO NFT in the future.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

@Jamesinu
@nexusbang
@jindooo
@jindoinu3
@rebrebz
@DomDom1231

Introduction of Jindo
project.

Mary | Satoshi club:

Hello, Satoshi club! We are happy to announce our ama session with Jindo inu! Welcome to Satoshi club😀

Andrés m. | Satoshi club:

Our friends from another great project are here to helps us with our amarathon😁

Jin [never dm first]jin:

Hi guys my name is Jenin, the developer of Jindo inu.

Jr tatis (never dm first):

Hi everyone, my name is Tatis. I am sub dev of Jindo team

Andrés m. | Satoshi club:

Welcome to Satoshi club, our guests:

@jamesinu

@nexusbang

@ Jindooo

@ Jindoinu3

@rebrebz

@domdom1231

Arenado Jindo inu:

Hi guys I am sub dev of Jindo inu team, arenado. Thank u for coming

Jin [never dm first]jin:

Before we begin, we apologize for our poor English.😄

Reb (never dm first):

Hi guys, team from # Jindo inu

Nexus b:

Hey guys we are happy to be here today 💙

Mary | Satoshi club:

Welcome here, guys!

Reb (never dm first):

Thanks, it our pleasure to be here.

Andrés m. | Satoshi club:

The whole Jindo inu team is here 😁

Jin [never dm first]jin:

One was unable to participate. Please understand😉

Andrés m. | Satoshi club:

Of course, we do😁. We are glad to have you here.

Mary | Satoshi club:

We are really happy to have such big team here! So, guys! We are excited to start our ama!

Jin [never dm first]jin:

We are happy to be with Satoshi club too

Lets go 🔥

Mary | Satoshi club:

So, let’s begin with intro🚀

Could you please introduce yourself and tell us more about Jindo inu 🚀

Jin [never dm first]jin:

Unlike other meme coins, our Jindo inu is a token under development to make use of it.

We plan to develop a safe swap without rug pull, and we plan to release an NFT similar to cryptokitties in the future.

Mary | Satoshi club:

Very nice plans😃

Jin [never dm first]jin:

The combination of swap and NFT will create many uses for the jind token, and we will continue to strive to improve the value of the jind token.

Mary | Satoshi club:

When did you start your project?

Jin [never dm first]jin:

May 12 😁

Mary | Satoshi club:

Wow, you’re so young😉

Andrés m. | Satoshi club:

How did you choose the name and the logo?

Jin [never dm first]jin:

 Jindo was adopted because it is korea’s representative dog. And we added several colors to the background for a cute image.

I think many people may misunderstand. It’s South Korea, not North Korea😂

Andrés m. | Satoshi club:

Great job, puppy tokens are trending, what do you think makes Jindo inu different and unique?

Jin [never dm first]jin:

Unlike other meme coins, jind tokens will have more uses in the future. I think that the current memecoins simply have no place to use them as a weakness. We combine the cuteness of mimcoin with the utility of tokens.

Andrés m. | Satoshi club:

Good point, what uses for example?

Jin [never dm first]jin:

We are developing a rugpull-free, secure Jindo swap where you can use your jind tokens for token review. It can also be used when creating a puppy NFT in the jind NFT that will be released later.

Mary | Satoshi club:

Super! And now, if you agree we can dive deeper into the Jindo inu details with the questions from our community 😀

Jin [never dm first]jin:

Cool 👍 Ask a question, we’ll answer it❤️

Preselected questions about the Jindo DeFi project.

Andrés m. | Satoshi club:

Q1 from telegram user @andrey_seleznov

Hi Jindo!

 Jindo tokenomics page says the initial liquidity pool contains 50t jind tokens and 10 bnb and the liquidity pool is locked immediately after liquidity supply. What service do you use to lock the liquidity and for how long will it remain locked? Could you tell us if this approach worked out ok? Such low initial liquidity must’ve created large slippage for big initial buyers, and with 1% fee going to the liquidity pool the pool probably remained low for a considerable time?

Jin [never dm first]jin:

Since we didn’t do a pre-sale in the beginning, we only put in 10bnb. So we are supporting the bnb-jind farming pool to increase liquidity. Our liquidity pool is locked by dxsale for 10 years and will be extended before the end of the period.

Andrés m. | Satoshi club:

Why 10 years?

Mary | Satoshi club:

Do you have only one farming pool?

Jin [never dm first]jin:

We aim to complete all ecosystems within 10 years. And we will continue to extend the lockout before 10 years pass.

Yes, single token farming is not supported as we are a deflation token. So, only one bnb-jind farming pool is supported.

Mary | Satoshi club:

Where we can currently farm?

Andrés m. | Satoshi club:

So are you planning some burning token events?

Jin [never dm first]jin:

You can farm in Polaris, and now the APY is over 500%. 

Andrés m. | Satoshi club:

Wow, great opportunity Satoshiclubbers🥳

Jin [never dm first]jin:

Yes, we are always thinking about burned events for holders. Currently, it is difficult because we spent a lot of money for listing on the exchange, but we plan to burn it as soon as we can afford it.

Mary | Satoshi club:

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

Jin [never dm first]jin:

Yes !🔥

Andrés m. | Satoshi club:

Q2 from telegram user @yellowchamp

 Jindo inu farming will be conducted in Polaris defi. So why did you choose Polaris defi to conduct Jindo inu farming feature? How can we access or connect polaris defi for farming with $jind? What advantages and benefits that polaris defi will bring to Jindo inu especially in farming purposes for Jindo inu investors and community? How safe and secure our funds in farming with polaris defi with $jind tokens? Thank you

Jin [never dm first]jin:

The reason we chose polaris is that it allows single-token staking. However, deflation tokens were weak against farming, so we switched to staking lp tokens. Please refer to our medium for details on how to stake. It would be good if you refer to it. You do not have to worry about staking as it is safely managed by smart contract.

Jin [never dm first]jin:

See our medium story for more details. Link 

Andrés m. | Satoshi club:

Thanks for the answer, so talking about long-term holders, what will be the main benefits for them?

Jin [never dm first]jin:

Currently, 1% of the transaction fee is distributed to holders, and 1% of the transaction fee is automatically burned, so the scarcity of the token will increase.

Mary | Satoshi club:

Maybe you plan to build your own platform for staking?

Jin [never dm first]jin:

Yes sure. We will make it possible to farm in Jindo swap

Mary | Satoshi club:

When do you plan to deliver this to your users?

Jin [never dm first]jin:

It is expected to be released at the end of the third quarter of 2021 at the latest.

Mary | Satoshi club:

Not so long to wait😃

Jin [never dm first]jin:

Sure 🔥

Mary | Satoshi club:

Did you already test it? Or it’s only on the start of its development?

Jin [never dm first]jin:

I’ve spent a lot of time marketing now, but I’ve been working hard on the design behind the scenes. The swap requires complete predesign because it requires SAFE code.

Andrés m. | Satoshi club:

The great aim, we hope to have good news about it soon.😁

Jin [never dm first]jin:

Please look forward to swap 😀

Andrés m. | Satoshi club:

For sure.

Would you like to add something before the next question?

Jin [never dm first]jin:

Done 👍

Andrés m. | Satoshi club:

Q3 from telegram user @jonahapagu

People are allowed to register their tokens in Jindo swap liquidity pool. After registering their tokens they then provide and lock the liquidity pool for their registered trading pairs until Jindo team has reviewed the tokens and determine that they are safe before allowing trading to start for the token.. So what kind of tokens can users register in Jindo swap liquidity pool, how do they register it, what information do they provide for review, and how do they provide and lock liquidity for the trading pairs, if a registered token is deemed unsafe and liquidity for the token has been locked what do Jindo team or the users do about it.

Jin [never dm first]jin:

How to lock liquidity is provided by several sites. If they prove to us that they have locked it there, we will check and approve it. Liquidity providers can offer BSC-based tokens, and we approve the tokens after reviewing the feasibility and legality of the project. Therefore, a more secure trade environment will be provided.

Mary | Satoshi club:

I see you care about security 😉 What about your smart contract’s security? Did you make an audit?

Andrés m. | Satoshi club:

Sure, holders need to know that their funds are SAFU.

Jin [never dm first]jin:

Yes, we will be audited when swap development is completed. The audit of the token contract has already been completed

Mary | Satoshi club:

Oh, can you share this report with our members?😃

Jin [never dm first]jin:

Yes 😀 jind token audit 

Mary | Satoshi club:

Thank you 👍

Andrés m. | Satoshi club:

I realize that a lot of great events are coming for Jindo inu, so could you share your roadmap with us?

Jin [never dm first]jin:

We plan to list jind on many exchanges and will be listed on Hotbit on June 4, two days later. In addition, we will continue to carry out influencer marketing, and we will complete the development without delaying our development. Also, our roadmap can be found on our website 

Mary | Satoshi club:

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

Jin [never dm first]jin:

Sure

Andrés m. | Satoshi club:

Q4 from telegram user @shaa93

 Jindo inu – no team, marketing token, no pre-sale! Does this mean Jindo inu is an anonymous project? Or will there really be no team and all will be decided by the community? And why does Jindo inu not launch pre-sale while most projects are launching pre-sale, IEO, IDO, INO,…??

Jin [never dm first]jin:

Teams exist, but their basic essence is like other meme coins, community-owned tokens. The reason we didn’t do a pre-sale is that there are many people who do not believe in the pre-sale during the pre-sale process. The jind team exists. However, we only proceed with marketing and development. Since our tokens are community-owned tokens, some have not conducted a pre-sale in order to give everyone an equal opportunity to purchase.

Andrés m. | Satoshi club:

So, if your aim is the community, have you had some community contests to reward the users? Maybe meme contest or something like that.

Mary | Satoshi club:

But what is the motivation of Jindo inu team to develop the project?

Jin [never dm first]jin:

Yes, we have a TikTok contest and a Twitter contest. We will hold many events in the future. We also lost money by a lot of rug pull, so we felt we needed a more secure swap. That’s why motivated us.

Andrés m. | Satoshi club:

Is there still a chance to join? Our community is so creative😁

Jin [never dm first]jin:

Yes of course. We will prepare the contest asap👍

Mary | Satoshi club:

Satoshiclubbers 😉 it’s your chance

Andrés m. | Satoshi club:

Thanks for the info🥳

Mary | Satoshi club:

Jin, thank you for your answers! Ready to jump to the next question?

Jin [never dm first]jin:

Yes 😀

Andrés m. | Satoshi club:

Q5 from telegram user @nadee5

According to your website, you plan to create a magnitude swap and a magnitude NFT .in Jindo swap, only tokens that have passed the Jindo team’s review can provide liquidity. But in your whitepaper you said there is no team for Jindo inu. If there is no team ,who will review the tokens to pass for providing liquidity. ? How will this team’s review beneficial for Jindo swap ?which requirements should be fulfilled to pass the team’s review ?and what do you mean by magnitude swap and magnitude NFT ?

Jin [never dm first]jin:

The reason we said we don’t have a team is that our team is only in charge of development and marketing. The rest are in charge of the community. Our review can help users who use Jindo swap to obtain objective information about tokens and help make investment decisions. In order to pass the review, you must submit various information such as team members and project information.

Mary | Satoshi club:

Who is in the team? Is it anonymous?

Jin [never dm first]jin:

Not anonymous. You can find information about the three developers on linkedin.main developer – jin jin – @jamesinu – Linkedin 

Developer – jr tatis – @ Jindooo – Linkedin 

Developer – arenado Jindo inu – @ Jindoinu3 – Linkedin 

Andrés m. | Satoshi club:

Btw, checking your roadmap there is a concept that caught my attention. Could you explain more about this feature? What do you mean with “synthesizing multiple puppies”?

Jin [never dm first]jin:

It means that you can create your own special-looking puppy NFT by breeding puppies like crypto kitty.

Andrés m. | Satoshi club:

Like a virtual pet?🤔

Jin [never dm first]jin:

Yes 😁

Mary | Satoshi club:

That’s nice😉 if they will be as cute as your stickers it will be great

Jin [never dm first]jin:

Sure we will do our best 😁

Mary | Satoshi club:

Thank you for your answers! Ready to go to the 6th and last question from this part?😉

Andrés m. | Satoshi club:

Well done, i can’t wait for it 😁

Jin [never dm first]jin:

Let’s, go

Andrés m. | Satoshi club:

Q6 from telegram user @josegamboac

On May 22, Jindo inu decided to burn another 2 trillion #jind tokens. This will be added to the 56% of the total supply that we already burned before. How often do you have an estimated token burn? And what percentage will be burned in each burn?

Jin [never dm first]jin:

A 1% transaction fee is automatically burned on each transaction. We will prepare more burn events for holders

Andrés m. | Satoshi club:

What about tokenomics? Please share that info. How is the token distribution?

Mary | Satoshi club:

Didn’t you think that users like to have a more strict plans?😃

Jin [never dm first]jin:

50% of the initial issuance was burned and the remaining 50% was added to the pancake swap. A 3% transaction fee is incurred for each transaction, 1% of which is distributed to holders, 1% of which is automatically burned, and the remaining 1% is used for marketing expenses.

If the transaction fee is too high, there are various restrictions when entering the exchange, so we set it to 3%.

Andrés m. | Satoshi club:

You did mention hobit, now pancakes was. Currently, is there another way to buy your token?

Jin [never dm first]jin:

It is currently available for purchase on pancake swap, Cointiger, Indoex, Hotbit on June 4th, and Coinsbit on June 8th

Mary | Satoshi club:

Super! Congratulations with upcoming listings 🚀

And live part is almost here 😉

Andrés m. | Satoshi club:

Thank you for your time and clear answers, it was an honor to moderate this first part. Now I think our community users want to interact directly with you 😁

Jin [never dm first]jin:

Thanks 🔥 Yessss

Mary | Satoshi club:

Let’s go 🚀

PART 2.Questions about the Jindo 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 Jindo 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 @Guandog

What are the attractions of Jindo Swap as a platform swap compared to the big ones like pancakeswap?

REB (Never DM First):

Our main developer mentioned that this swap will differentiate JInod swap with other swaps as the JINDO team will review new projects that will be launched on JIND SWAPthat can assure they are no “rug pull” and to protect all investors invest , so that can guarantee a safe investment

Q – 2 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there any thing that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS? 

Jin [NEVER DM FIRST]Jin:

Since we only approve token transactions by locking liquidity, rugfull cannot happen. and Our team’s marketing wallet cannot be dumped because we have very few jind. Currently, the number of jind we have is 0.2t. Also, we have locked liquidity Don’t worry

Q – 3 from a telegram user @smelekin

Why did you choose Hotbit for listing your token? Do you plan to list your token on better exchanges like Binance?

Jin [NEVER DM FIRST]Jin:

The reason we chose Hotbit is that it is also a top-tier exchange and contains many BSC tokens. We are always looking for better exchanges. please watch us

Q – 4 from a telegram user @nitrogenpower

I read that liquidity pool is locked by dxsale for 10 years but what will happen after 10 years passed?

Jin [NEVER DM FIRST]Jin:

It will be locked again before 10 years have passed. Do not worry. We bet our lives on jind. wallets, private keys, etc.

Q – 5 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there anything that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS?

Jin [NEVER DM FIRST]Jin:

Yes, we are different from other memecoins. We are developing dApps that will be used in practice. This increases the fundamental value of the token. In the future, we plan to promote the difference from other meme coins.

Q – 6 from a telegram user @sweetdoge

Why are you guys still anonymous? Why did you decide to be anonymous and in the future do you plan to go public?

Jin [NEVER DM FIRST]Jin:

Developers are not anonymous. We will always do our best to develop. Please join our jind.We will share it periodically when development begins.

Q – 7 from a telegram user @Ratash97

When is the launch of jindu swap and what utilities will jindu feed have?

Jin [NEVER DM FIRST]Jin:

Jindo Swap is scheduled to be released at the end of Q3, and jind feed tokens can be used to upgrade puppy nfts on jind nft that will be released in the future. When upgrading, it can change into a rare form with a certain probability.

Q – 8 from a telegram user @Jonahapagu

One of the recommendations of Solidity Finance is your audit report is that Users should be aware of the relatively low amount of liquidity available and the report also stated that there are Four wallets that have about as much or more tokens than the liquidity pool…so what have you done as regards getting more liquidity for your contracts, and who are the owners of this four wallets that have more tokens than your liquidity pool are they individual users or wallets belonging to the team for other uses..?

Jin [NEVER DM FIRST]Jin:

We don’t have those 4 wallets. We know that liquidity is low, but compared to other Mime Coins, we are in a very healthy state. We are working hard to find ways to secure liquidity. Do not worry too much

Q – 9 from a telegram user @Sumione

What are the upcoming events and listings plan in your roadmap? Do you have any plan for listing in popular exchanges like BINANCE or any other Cex?

Jin [NEVER DM FIRST]Jin:

The advantage of nfts is that you can make your own puppies, and you can also collect rare nfts. Rare nfts will sell for a high price because people will be interested. Rare things are always valuable.

Q -10 from a telegram user @messilolz

What is the contract address for buying $JIND and what slippage is required?

Jin [NEVER DM FIRST]Jin:

📈 Contract : 0x22d6363949e295873d261b812a281d014367e8f9 slippage 3~4%

Part 3 – Quiz about project

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

Telegram group  |Medium |  Tweeter  |  Website  

We were delighted to welcome our guest from Wasder. The AMA took place on June 4th, 2021 and our guests were @WASThom @sam6ft9!

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

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

Маry Satoshi CLUB: Hello  Satoshi Club! We are happy to announce our AMA session with Wasder! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! Today our guests are @WASThom @sam6ft9!

Thomas Wasder: Hey there ! 🙂

Sam: Good morning from LA!

Маry Satoshi CLUB: Hello, guys! How’s going?

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @WASThom @sam6ft9!

Sam: Very well, thank you!How are you today?

Thomas Wasder: We are so happy to be here 🙂

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

Маry Satoshi CLUB: We are very excited to see Wasder here today 👏

Thomas Wasder: Very much so, this is one of the AMA’s I have been the most excited about in a long time actually

Sam: super excited to share about Wasder to all the gamers in here!

Gold Rocket | Satoshi Club: Let’s start!

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

Thomas Wasder: Sure thing!

My name is Thomas, I am the CEO and founder of Wasder.gg

I’ve been in the gaming industry for along time now, almost 15 years. Where I’ve worked in major publishers like EA (Electronic Arts), and I’ve been the community liaison for Age of Conan at Funcom, for over a million players.

In the more recent years, I’ve gone the sales journey from sales rep, to sales director, corporate mergers and acquisitions, before i started my own companies and moved into investments.

Then I finally founded Wasder, which is my dream company, and the heart of my businesses, as its a combination of the gaming industry which I love, but with the billion dollar business potential and super investors! So I love what I do now.

Маry Satoshi CLUB: When did you first hear about crypto?

Sam: I’m Sam, the CMO. I’m an investor, and Thomas convinced me to invest in Wasder, join the board, and then come on as a CMO, haha. I’ve been in crypto since 2015.

Gold Rocket | Satoshi Club: Great background for great business 👌

Маry Satoshi CLUB: Nice position for investor👏

Thomas Wasder: I’ve been looking at crypto for a very long time, but since we are a company that reaches everyone from 13 and up to 60 who loves gaming, our challenge was to figure out how we can bring blockchain and crypto to a mainstream audience in the best way !

Gold Rocket | Satoshi Club: You have a great crypto experience! it means that you have created a good team🚀

Thomas Wasder: Because the crucial thing is to show the world that crypto and blockchain is the technology of the future, and how it can influence gaming!

Маry Satoshi CLUB: Yes, we need mass adoption 👏

Маry Satoshi CLUB: How big is your team?😉

Gold Rocket | Satoshi Club: Who is on the project team core?

Sam: The reason I both invested and joined is because the team is one of the best I’ve seen.

Thomas Wasder: So Wasder is a “mainstream” company in many ways, we’ve been around since 2017, and have billionaire investors, hedgefunds, silicon valley money, apple executive investors, some of the biggest family offices from Singapore, and sweden.

So we’ve established ourselves as a company.

And, the team we have right now, is around 22 people fulltime, and we are hiring another 16

Thomas Wasder: Our core team includes the previous Lead Producer of Candy Crush from King, the CTO of LeoVegas which was a billion dollar company in the gambling space

Маry Satoshi CLUB: Nice growth 👏

Thomas Wasder: Executives from Reebok

Маry Satoshi CLUB: Cool👍

Thomas Wasder: the guys behind the Crossfit/Reebok deals, and UFC & Reebok deals

Thomas Wasder: etc

Gold Rocket | Satoshi Club: I noticed that your tweeter is dated 2016 😁

Маry Satoshi CLUB: Yes, old one😉

Thomas Wasder: Yeah we started working on this a long time ago

Маry Satoshi CLUB: I am sure the results will be awesome!

Sam: Yeah, Wasder is not a “crypto” company

Thomas Wasder: Thats our goal! 🙂

Sam: we’ve done several equity rounds like Thomas said

Sam: we just chose to tokenize the ecosystem

Sam: but we had over 100k users long before we tokenized and went into crypto

Маry Satoshi CLUB: Great numbers👏

Маry Satoshi CLUB: You can reach even more soon here!

Thomas Wasder: To elaborate on this, as Sami said, we chose to tokenize the reward systems & incentives, because we believe crypto &  blockchain matches PERFECTLY with gaming.

We have one of the best game designers in the industry (from EA & King) designing our rewards and tokens, to match perfectly with the industry and our platform

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

Thomas Wasder: Yes, lets go!

Q1 from Telegram User @andrey_seleznov

Hi Wasder!

WASDER – very unique name, I have a guess, it is coming from the most often used gaming keys WASD, am I close ? Could you share some details about the games that you have on the Wasder platform, what are the genres and how many games are there? Did your dev team develop all of the games or are you allowing 3d party games to be integrated with your platform? Do you provide cross platform gaming for both PC client and mobile app users?

Sam: W A S D E R are the most used keys when you play games on a PC.

W – Up/Forward

A – Left

S – Down/backwards

D – Right

E – Use

R – Reload

Thomas Wasder: So our platform is built as a gaming ecosystem and social platform, that means for us that ALL games is relevant, and thats also the strength of our platform. Right now, we have about 50 000 different games in the platform that people can talk about, match with others (party play) to find people to play with, and build communities around. We are ALWAYS looking to integrate and partner with publishers to add more to the platform.

Thomas Wasder: Wasder is currently out on web, iOS and Android – and getting amazing feedback. We are currently sitting at over 60% retention rates, which is industry leading for a social platform

Sam: Wasder is the social ecosystem that connects gamers on web/mobile, so while we don’t develop games, you will be able to talk to people that love the same games as you on there, or even connect with the game devs and publishers if they are registered.

Thomas Wasder: And we are continuing to develop our game spaces to make them absolutely revolutionary for this industry.

Our goal is that users kind of see us as a smartphone – a place to go to find all their favorite functions and content, just within gaming. That makes us the perfect partners for every gaming developer.

Thomas Wasder: How about we reveal a piece of news here @sam6ft9 ?

Маry Satoshi CLUB: For newcomers is it easy to play?😀

Sam: sure!

Маry Satoshi CLUB: Give us more news! We love them😍

Thomas Wasder: As of next week, we will be creating a community program for users to vote on their favorite blockchain games, that we will add to the ecosystem and create game space for those games!

Thomas Wasder: So if you have a favorite, let us know and maybe we will prioritize YOUR blockchain favorite game first

Маry Satoshi CLUB: Satoshiclubbers, let’s vote👏👏👏

Thomas Wasder: We are a social platform – so I would say its super easy for new users to find the perfect game for them, and find people & content in their favorite game

Gold Rocket | Satoshi Club: Wow! great news! 🚀

Gold Rocket | Satoshi Club: What is your favourite game? Because as you type, I understand that you are an experienced player😁

Маry Satoshi CLUB: Fast fingers😉

Thomas Wasder: My all time favorite is SWG (Star Wars Galaxies), which is probably the best game ever made. And I am a Star Wars nerd.

Sam: Oh…favorite game… You know, I love the Assassin’s Creed Games, I love GTA V, Elite Dangerous

Thomas Wasder: But, right now its Dota 2 and Mass Effect the revamped version

Gold Rocket | Satoshi Club: Me too ❤️

Thomas Wasder: And fun fact, I worked on the Mass Effect titles.

Маry Satoshi CLUB: Really?🤩

Gold Rocket | Satoshi Club: My son loves these games 😁

Gold Rocket | Satoshi Club: Thanks a lot for the answers guys! Ready for the next question?

Thomas Wasder: Yep, I ran EA’s Nordic social media pages in the nordics when we released these titles

Thomas Wasder: Lets go!

Q2 from Telegram User @yellowchamp

Two of the ways to earn more real rewards in Wasder are by participating in VIP events with streamers, influencers and E-sporters and to rank high on community leaderboards or beat other guilds to earn rewards. So,can you tell us more about what VIP events that is going to be live in your platform? Can anyone become a VIP in your platform and can anyone participate in VIP events in your platform? How to become a VIP member in Wasder? What are the ways to advance the community leaderboard in Wasder? Can you also give us an idea how to beat other guild? If anyone can achieve the ways to earn real reward with Wasder,how does reward be given to users? Thank you

Thomas Wasder: So Sami will cover the event part!

The VIP’s in this case is higher ranked streamers, publishers, and influencers. And also some super stars that we have working with us in Wasder.

Technically, anyone can become a VIP / verified user, as long as they live up to the requirements for that, like instagram & twitter. There’s a process with us to verify that people are who they say, and that they are influencers of value

Sam: Absolutely. We have some really cool events planned for our members – think streamers/gamers/influencers and challenging them to a game. We’re also talking to several big music artists about coming in and performing on a stream, and then challenging our users to a game of their choice.

Thomas Wasder: What we are thinking around the community leaderboards – is that we want to reward the most active users within communities, both player made communities (so internal guild leaderboards), but also communities like specific games!

Thomas Wasder: Imagine insteaf of having to become a proffesional esporter, your guild or team of friends, can challenge another guild of your choice to a “battle” in your favorite game, and the winner walks away with tokens and rewards

Маry Satoshi CLUB: Do you welcome influencers from gaming industry or from crypto also?😀

Sam: both! As long as it’s related to gaming

Маry Satoshi CLUB: So, they will be rewarded in your tokens, right?

Thomas Wasder: Sometimes tokens, sometimes other rewards. It all depends on the wishes of the users and what the activity is

Thomas Wasder: As I mentioned earlier, we have one of the best game economy designers in the world building this system

Sam: yeah, it’s important to notice that the platform is being designed with a 100% circular economy in mind

Thomas Wasder: Even though we are a social platform, and gaming ecosystem

Thomas Wasder: we want people to think of us like “The game of Wasder”

Маry Satoshi CLUB: Oh, got it! Your VIPs should be ready for surprises 😉

Sam: so it won’t get skewed as we add millions of users

Thomas Wasder: iMAGINE if Facebook or instagram was a gamified platform with tokens

Thomas Wasder: Thats us.

Gold Rocket | Satoshi Club: Me and my friends play Alien Worlds. Can we create a guild on your platform?😉 @saromckenna

Маry Satoshi CLUB: I can😀 but i think we need ours platform, decentralised and independent! And you’re really welcome!

Thomas Wasder: Yes! 100%.

Our guild functionality is not built out yet. You can create your guild, but not fully build it.

Its on our roadmap in 2.5 months

Маry Satoshi CLUB: I really believe you can do this!

Thomas Wasder: Our goal is to provide the best guild functionality in the world, leaderboards, membermanagement, raid systems & event calendars, internal forums

Thomas Wasder: And GUILD REWARDS and achievements!

Gold Rocket | Satoshi Club: Thank you very much for your answers! Ready for the next question😊?

Thomas Wasder: Absolutely

Q3 from Telegram user @Ruttiee

I believe that every platform that facilitates communication among it’s users should implement adequate infrastructure and mechanisms that provides security and privacy to data shared by users on it platform. So, in terms of Online security and data privacy what security measures and data privacy feautures has Wasder set in place to ensure that users communication as well as their data are protected and secured? Will users communication and data be encrypted on Wasder Party Chat?

Thomas Wasder: Thank you for this question, this is super important

Thomas Wasder: So; first off – because we are a “mainstream” swedish company with institutional investors, we need to make sure that we are ALWAYS following laws and regulations

Thomas Wasder: But, there’s also the issue that our industry has never been “great” at this

Thomas Wasder: We want to make sure that we are industry leading on 3 things

Thomas Wasder: Data privacy

Thomas Wasder: Trust

Thomas Wasder: and safety & Non-toxicity

Thomas Wasder: We will always make sure that we comply with the regulations around the world on data privacy, as well as the needs of users at any given time. While creating a safe and inclusive environment for gamers

Gold Rocket | Satoshi Club: Safety first👍

Маry Satoshi CLUB: Do your users need any KYC verification?

Thomas Wasder: That being said – There will be safety mechanics put in place to ensure that criminal activity & societal issues are not possible in our ecosystem, through automated systems

Thomas Wasder: Not yet

Thomas Wasder: No social platform in the world requires KYC yet

Thomas Wasder: And since gamers use “gaming nicknames” its a challenging issue

Thomas Wasder: We are looking into how we can become the first in the world to do this right

Маry Satoshi CLUB: But sometimes Facebook asks to verify identity 😉

Thomas Wasder: But I cant promise that its possible

Thomas Wasder: Its a huge resource question

Thomas Wasder: But we definately want to do it over time

Маry Satoshi CLUB: That’s right😀

Thomas Wasder: Primarily to make sure we create a safe platform for children & women in gaming

Thomas Wasder: As gaming has historicy been toxic at times

Gold Rocket | Satoshi Club: The next question will probably continue this topic.

Маry Satoshi CLUB: You’re 100% right!

Thomas Wasder: Sure thing

Q4 from Telegram User @Highpee

After downloading your app, I discovered I needed to sign up by providing email credentials and bio-information before I could use your app. I tried to see if I could manage the information provided or even delete my account, but am unable to do so because such functions is not available in the app. So, how are users data stored or kept in the app? What parts of user information are available for public? Why can’t a user change email or delete his account information? In addition, how do I set my payment details and connect my payment wallet to wasdar app and what functions of this app are executed on the blockchain?

Thomas Wasder: Great question

Thomas Wasder: So, the reason why we TEMPORARILY removed the manual deletion of accounts, is actually because we are integrating a third party service that works exclusively with data privacy.

Thomas Wasder: So that when users delete their accounts, we permanently remove the records

Thomas Wasder: Right now, any user who emails us, we will manually do the work with devs

Thomas Wasder: But it was to make sure that we can have a verified, third party software handle the entire process for us

Thomas Wasder: Right now, you cant connect your blockchain / crypto wallets to Wasder, that is coming. Most likely within the next few months

Маry Satoshi CLUB: Can you name us this third party?😀

Thomas Wasder: The blockchain functionalities will be our reward systems, which touches on almost every function

Thomas Wasder: Not yet, due to two things. A NDA contract, and that we want to officially announce a partnership later on 🙂

Thomas Wasder: Its a marketing & PR value for us, hence we want to actually make a thing out of it later

Маry Satoshi CLUB: Got it😉 i ‘love’ NDA😂

Thomas Wasder: So anything that touches on our reward mechanisms & tokens, will be built into a blockchain system

Маry Satoshi CLUB: And also, guys, i want to ask about your platform security audits😀 do you have them?

Thomas Wasder: Also fun fact… that we havent told anyone yet, we are exploring how verified (vip) users can mint their own NFT’s in our ecosystem, for their fans

Маry Satoshi CLUB: Wow! You will have NFT?😀

Thomas Wasder: Not right now. We do internal audits, similar to what LeoVegas did in gambling.

We will officially do external audits that people can go over in the future

Thomas Wasder: Yes, NFT reactions to posts, NFT badges, NFT avatars, and NFT event tickets!

Маry Satoshi CLUB: Got it!

Thomas Wasder: Also, @sam6ft9 has a fun announcement for you guys right now

Thomas Wasder: This is literally JUST confirmed

Thomas Wasder: and we have NOT communicated it yet

Маry Satoshi CLUB: Give it🚀

Sam: Yes, big news!

Sam: We are officially going live with single asset staking and lockups Monday at 12pm UTC!

Sam: And, the staking lockups have some pretty awesome rewards

Sam: like custom NFT reaction bars

Sam: you can win a trip to stockholm

Маry Satoshi CLUB: Wow! Where we will be able to stake?😀

Sam: and lots of other cool stuff

Sam: https://wasder.gg/token-staking/index.html

Маry Satoshi CLUB: I want this trip😂

Gold Rocket | Satoshi Club: this is really great news👏👏👏🎉

Thomas Wasder: yep!

Маry Satoshi CLUB: Where we can get WAS?

Gold Rocket | Satoshi Club: You spoil us very much with great news! 😁

Thomas Wasder: So, right now $WAS is available on uniswap and 0.exchange , and there is actually another piece of news on this too.

Thomas Wasder: @sam6ft9 can do that now too.

Sam: Yeah, so we will launch on BSC next week as well!

Маry Satoshi CLUB: Actually, our next question is related to mine😀

Sam: so pancakeswap will be available next week

Gold Rocket | Satoshi Club: Oh! Yeah👍

Thomas Wasder: AND liquidity pool staking is already possible on 0.exchange for ETH/WAS, with crazy rewards

Маry Satoshi CLUB: Cool!

Маry Satoshi CLUB: But anyway i think you will find what to add while answering the next question 😉

Q5 from Telegram User @NataliyaKil

Wasder has every chance of becoming one of the most popular platforms in the future thanks to a large number of functions that are offered to users and gamers: from chatting with friends to battles and parties! But I found out that the WAS token is currently quoted only on Uniswap, and only in the WAS / ETH pair? Are you planning to list on other more famous and currently used exchanges and add more pairs (not only with cryptocurrency, but also fiat) to attract users? And how soon will this happen, because at the moment you have limited your potential users in the choice and are simply losing them?

Sam: that’s a great question!

Маry Satoshi CLUB: What about CEX exchanges, btw?😉

Sam: Because of regulatory frameworks, we’re not really allowed to talk about exchanges, or any price speculations publicly. But what I can say is that we are working hard to create token health.

Sam: positive token health

Thomas Wasder: Now see, if we told you THAT you would have a massive advantage.

So we cant really answer that.

But as Sami said, we are actively working on positive token health.

Thomas Wasder:😉

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

Маry Satoshi CLUB: Looking at you guys, i even have no doubts😂

Sam: All tokenomics can be found on https://wasder.gg/token-info/index.html

Thomas Wasder: Sami is linking tocenomics

Thomas Wasder: but

Sam: instead of me writing an essay here haha

Thomas Wasder: What I will say – imagine 1 000 000 users (thats 2021 growth projections)

Thomas Wasder: its very few available tokens pr user

Thomas Wasder: Now imagine 10 million active users in 2022

Gold Rocket | Satoshi Club: thanks for sharing! 😁

Thomas Wasder: Growth is essential and key in our platform, and we will NEVER make more tokens available

Thomas Wasder: But since everyone will want tokens for the stuff the tokens will do in our platform….

Thomas Wasder: Buyers market..

Маry Satoshi CLUB: I think i already want them🤩

Thomas Wasder: I want 10 million of them 😉

Gold Rocket | Satoshi Club: Thanks guys! Great answers! Ready for the last question of this part?

Thomas Wasder: Yes!

Q6 from Telegram User @victorogb

In the coming weeks and months, Wasder aims to introduce a tokenized rewards system that gives true value and an unforgettable experience to users. Wasder states that these rewards system is tailored specifically to the gaming passions of the user. With that said, rewards are a big motivator to any gaming and social community, irrespective of age group and demographics. Can you briefly list some of the projected rewards systems and how it will give the user an enhanced gaming experience, what are the possible timelines to rolling out these features, and would Wasder make such rewards a tiered type?

Thomas Wasder: I love this question

Thomas Wasder: So let me try to go into a bit of underlying thought process here

Маry Satoshi CLUB: Yes, we all love rewards 😍

Thomas Wasder: We want our tokens & rewards to do 2 things

Thomas Wasder: 1: Give tangible value

Thomas Wasder: OR

Thomas Wasder: 2: Give REAL unforgettable experiences

Thomas Wasder: So on number 1; tangible values.

We are talking custom avatars, custom reactions, different themes on platform, access to “more” volume on certain functionalities

Thomas Wasder: But on number 2, experiences, this is where it gets really fun

Thomas Wasder: The way streamers and content creators today make money, is based on ads, donations and subscriptions on twitch

Thomas Wasder: Imagine events where fans can PLAY with their favorite streamers

Маry Satoshi CLUB: Wow!

Thomas Wasder: 99 people in fortnite, thursday night, kick my ass infront of 50 000 people

Thomas Wasder: It provides real value to the fans, massive value for the streamers

Gold Rocket | Satoshi Club: Lol😁

Thomas Wasder: and changes the way the gaming industry monetizes content creators

Маry Satoshi CLUB: Fantastic 🚀

Thomas Wasder: Thats our goal. So you can participate in events, have a fun experience, and the streamers can vary from a streamer with 50 000 followers, all the way up to superstar!

Gold Rocket | Satoshi Club: This is really grand

Thomas Wasder: So thats how we think about it.

Our tokens play into “The game of Wasder” 😉

Маry Satoshi CLUB: Btw, my son is asking if you Brawl Stars game?😂

Thomas Wasder: Brawl stars is already on platform!

Gold Rocket | Satoshi Club: The scale is impressive! 🚀

Thomas Wasder: BUT, i dont think our brawl stars community is very big

Thomas Wasder: But he can grow it!

Маry Satoshi CLUB: Wow, than you will have one more user 😂

Thomas Wasder: He should bring his friends ! 🙂

Маry Satoshi CLUB: Yes, we will work on it!

Part 2 — live questions from the Telegram community

Q1 from Telegram User  @Wong2008

Can gamers use voice chat on the games through your platform?…if not do you have any plan to make it available?

Thomas Wasder: Right now, voice is not available. However, its on our VERY VERY VERY near future roadmap. We will make voice available inside “party chats”, meaning the conversations that you make with people that you match with in the matchmaking service, and for your closest group of friends.

For bigger communities, we know Discord does extremely well, but we want to make voice chats easier to access and more fun for everyone.

Q2 from Telegram User  @captainprice111

You state that we should lock coins to win epic rewards and we will win rewards according to the time we lock and the amount of coins, what will be the amount of this earnings? Will users be able to spend their earned tokens only within the platform or transfer them to their wallet?

Sam: You can see the APYs and rewards on https://wasder.gg/token-staking/index.html, and of course, once the locks end, you can transfer your tokens to your wallet and do as you please with them!

Q3 from Telegram User  @NataliyaKil

You want to introduce fan rewards for content creators.  What will the reward amount depend on and will it be in WAS tokens?  Will fans be able to choose who to reward and who not?

Thomas Wasder: Yes, absolutely. We want people to reward their favorite content creators, but also we as a platform want to reward those that create quality content in a non-toxic and inclusive way. We want Wasder to be a space where everyone comes, and loves to hang out!

Q4 from Telegram User  @Toslim02

Could you give me 3 best features to convince me and other investors invest in your project in long term???

Sam: Sure

1. Match Making – no other platform offers a unique matchmaking feature like ours where you can find like minded players

2. Brand pages – create your own micro ecosystem within our macro eco system. Host your game, community, brand, e-sports team etc.

3. We are the only social platform for gamers that is not a “crypto” project only. We have a significant amount of large investors (billionaires, silicon valley VCs, Apple executives etc) that are seeing what we are building long term.

Q5 from Telegram User  @Pratze

Would you please share what kind of game do Wasder project have? It said you have over 50.000 games, is this true? Can you explain?

Thomas Wasder: Yes 100%, so Wasder is build for the gaming industry as a whole.

Our matchmaking (party play) function – is build to allow you to search for anyone who plays your favorite game, and its the same with our social feeds. We sort content based on a HUGE database of games, and we’ve added 50 000 games so far. But thats just the beginning. Any game with a social nature, will eventually be in our database, and we add tons of games every week.

over time, we will more deeply integrate with each individual game, but that depends on our community + which partnerships we make!

Q6 from Telegram User  @qiayion

Nowdays So many Rug Pulls and exit scam happening . How Users can trust your project and how you are different from others?

Sam: Sure, I understand that concern. First of all, the whole team is doxed, we have no anonymous people on our team. We are all real people.

Second, we have investors on the equity side – billionaires, silicon valley VCs, Apple executives etc.

We have already announced big partnerships with Razer, Gala Games etc and done lots of press around it.

Q7 from Telegram User  @yellowchamp

How are you open for community participation in your platform? Are you open for any suggestions and reactions from community?

Thomas Wasder: 100% 100000%!

Everything we do, literally everything, is based on what is best for our community!

My favorite game designer of all time is Raph Koster – and his entire philosophy is based on transparency and close communication with the audience.

its absolutely crucial for us to have our “finger on the pulse”, so our database, our community team, our devs, even our executive team is always on the platform on a daily basis, checking feedback and conversations for how we build.

We also communicate our visions months in advance, to get early input and make the best project out there.

When I was at EA, this was the part i hated the most. I hated how “out of touch” with gamers we were on a corporate basis, and I swore never to let that happen here.

Q8 from Telegram User  @nitrogenpower

Did you audit your smart contract?

Thomas Wasder: Yes we did ! Zokyo audited our smart contract, you can find it here!

https://wasder.gg/assets/wasder_ZOKYO_SC_Audit_1.pdf

Q9 from Telegram User  @Shaa93

Wasder is not a “crypto” company, So what is the relationship between Wasder and Crypto?

Thomas Wasder: Wasder uses crypto and blockchain as a way to support the rest of our product and offering. That means that crypto & blockchain touches on everything we do, but we see it as a support mechanism for a “normal” product offering.

We want to show the entire world the benefits of blockchain, and bring it to millions of consumers on a daily basis.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Wasder . They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners:

Wasder Website – wasder.gg
Wasder Telegram – @WasderOfficial

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 IDoge and our guest was @theharryvoice – representative of IDoge. The AMA took place on 5th of June.

The total reward pool was 1000$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

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

Today our guest is @theharryvoice!

Andrés M. | Satoshi Club:
@theharryvoice welcome to Satoshi Club.😃

Harry (@theharryvoice):
Hello.

I am ready.

Andrés M. | Satoshi Club:
Hello there, how are you today?

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

Harry (@theharryvoice):
Thank you for having me

Glad to be here.

Andrés M. | Satoshi Club:
It is an honor for us to have you here. We are so excited for this AMA session!😁

Gold Rocket | Satoshi Club:
We are also very happy to have you here and very excited about the upcoming AMA😊

Harry (@theharryvoice):
Definitely, so shall we start?

Gold Rocket | Satoshi Club:
Let’s start!
Introduce yourself, please. How did you get to be involved in crypto & IDoge?
Tell us please about your position IDoge? 🐶

Harry (@theharryvoice):
Influencer Doge (iDoge™) is a BEP-20 utility token that intends to produce easy passive income for our token holders by developing various profit-generating businesses in an assortment of different industries, such as art, clothing, entertainment, gaming, and software development.

My name is Harry. I am the Chairman of the Board of Trustees, on top of being the Main guy for iDoge, I am also a social media influencers

Gold Rocket | Satoshi Club:
Sounds great👍

Nice to meet you Harry 😊

Andrés M. | Satoshi Club:
Where is the project-based? Where are you from Harry?

Harry (@theharryvoice):

• 

• 

Here are my profiles.

The project is based in Los Angeles, California.

Many other influencers have already joined the project.

Gold Rocket | Satoshi Club:
So you are a real influencer😁👍

Harry (@theharryvoice):
Like very real.

You cannot find someone more real than ne…lol.

Also, our board members are real as well.

All of them have a following of their own.

Andrés M. | Satoshi Club:
That explains the 30k members number of your Telegram group😁

Harry (@theharryvoice):
That, and.

We actually did a huge airdrop.

Andrés M. | Satoshi Club:
That’s great, not anonymous team. Btw, how did you choose the name of the project? Why IDoge?

Harry (@theharryvoice):

• 

• 

We believe in transparency.

iDoge is a catchy name, on top of that, we are Influencer Doge because real influencers are involved and invest into it as well.

Gold Rocket | Satoshi Club:
Tell us about the benefits of IDoge. How is it different from others Doge projects?

Harry (@theharryvoice):
At iDoge, we believe in rewarding our tokenholders, we want to become a profitable business, which I already planned all out. From influencer websites/merch to production companies, streaming services, etc.

Gold Rocket | Satoshi Club:
Does community activity affect the final product?

Harry (@theharryvoice):
Those are archivable because we have the knowledge and expertise to execute the plan.

Yes, the community is a big part of our project.

Andrés M. | Satoshi Club:
We love airdrops as well, how to join and when will you have another airdrop?🥳

Harry (@theharryvoice):
We are kinda like a public-trade company

As board of trustees, we are responsible to all of our token holders.

You invest into us, we work for you.

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

Harry (@theharryvoice):
This is what separates us from other meme tokens

We are here to make money for our tokenholders.

We are transparent.

We have an actual plan to profit.

Of course

We have built-in marketing already.

So the sky is the limit.

Andrés M. | Satoshi Club:
Great job. 👏

Harry (@theharryvoice):
Yea, go ahead with the questions

Q1 from Telegram User @Cheriemike
Two things are confusing to me from your medium, i notice ✌️things. First, you said iDoge will be the first ERC-20 token to operate a production company that develops shows to be broadcast on major streaming services.Second, Influencer Doge (iDoge™) is a BEP-20 utility token that intends to produce easy passive income for our token holders by developing various profit-generating businesses in an assortment of different industries, such as art, clothing, entertainment, gaming, and software development. My question is, Is iDoge using these 2token? And if I want to invest, which is preferable to use is it ERC AND BEP-20 token?

Harry (@theharryvoice):
So there are couple parts in this questions: 1. iDoge was originally an erc-20 tokens, but we have to abandon erc-20 and do the swap because of gas fee is too high and VB sold one of the memetokens for profit which break the trust of the eth community, he was supposed to be a referee and obviously he didn’t do his job. 2. iDoge is technically a separate project from ERC-20 tokens. But most of the ERC-20 iDoge holders got swapped from ERC-20 to BEP-20.

Basically, the original erc-20 token holders were the “pre-salers”.

Also

We are no longer recognized the ownership of ERC-20 tokens.

The reason that project still exist is because of the liquidity lock that was put in place.

We cannot take the liquidity out from ERC-20 tokens until the lock expires.

Andrés M. | Satoshi Club:
Will you bridge IDoge with other chains into the near future?

Harry (@theharryvoice):
Right now we are going to focus on getting us on major exchange first.

If iDoge ever going to bridge, it will probably be an IDO for projects under iDoge operation.

Gold Rocket | Satoshi Club:
What exchanges are you considering now?

Andrés M. | Satoshi Club:
Yes, how to buy IDoge token right now?

Harry (@theharryvoice):
Right now we are engaged with hotbit, and others I cannot say because of NDA.

Harry (@theharryvoice):
We are on Pancakeswap.

Andrés M. | Satoshi Club:
We understand, professional secret.😃

Harry (@theharryvoice):
Yea.

Gold Rocket | Satoshi Club:
Hotbit and pancakeswap are great choices!👍

Andrés M. | Satoshi Club:
Thanks for your answers Harry, ready for the second one?

Gold Rocket | Satoshi Club:
Thanks for your answers! Are you ready for the next question?😊

😁 aww

Andrés M. | Satoshi Club:
🥳

Harry (@theharryvoice):
Of course

Q2 from Telegram User @h1drX
On your website you say that iDoge can become a widely accepted token as a form of payment by many e-commerce stores in the next 12 months, does this mean that the iDoge token could be a form of payment on platforms like Amazon? Is there any progress on this issue? Also, it struck me that iDoge is run by influencers, what does this mean? What relationship does iDoge have with influencers?

Harry (@theharryvoice):
All of our Influencer’s Merch Store will be accept iDoge as a form of payment. the technology has already been exist for a while. But somehow only a few people know about it. Believe me, it is strange.

Once other eCommerce stores see iDoge is accepted, they will be more than likely adopt us as a form of payment as well.

Gold Rocket | Satoshi Club:
Maybe not enough marketing?

Harry (@theharryvoice):
Amazon is down the road.

We have to do it step by step.

But what I can tell you is.

We will be wildly adopted by many small businesses.

We are going to demonstrate it can be done.

Especially with WordPress/woo-commerce run websites.

So about relationship between iDoge and Influencers.

1. I am well-known around all the US Influencers

Andrés M. | Satoshi Club:
That’s the way to increase adoption, excellent🥳

Gold Rocket | Satoshi Club:
I think this is not a bad strategy. 😉👏

Harry (@theharryvoice):

1. Other members of the board of trustees are influencers

We are regular among all the influencers

Which mean

We can leverage our relationship with other influencers just because of who we are as a team.

What I want to add is, majority of the functional small business ecommerce websites are wordpress/woocommerce websites.

As I have said previously, the technology to adopt tokens as a payment has already been existed.

Just only few people knows about it, which I am surprise.

Also, we have a meetings.

With most of the top crypto tiktokers just yesterday in Miami.

Andrés M. | Satoshi Club:
Like whom?

Harry (@theharryvoice):

• 

• 

Gold Rocket | Satoshi Club:
Sorry. I had a problem with internet connection.😅

Harry (@theharryvoice):
Macncheeasy, Austin Rutherford, Blockchain Boys

Joshua Jake

Yes, I am in Miami attending Bitcoin Conference

Right now sitting at my hotel room talking to you all…

Gold Rocket | Satoshi Club:
What a warm meeting friends 😍

Harry (@theharryvoice):
Right after this I will be heading to the conference to conduct more business meetings

For iDoge

Andrés M. | Satoshi Club:
That’s great! Maybe some of our Satoshiclubbers on Miami can know you there

Harry (@theharryvoice):
Def

Just let me know.

Gold Rocket | Satoshi Club:
Thank you very much for sharing with us.👍

Harry (@theharryvoice):
@theharryvoice

Thats my telegram.

Andrés M. | Satoshi Club:
Thank you Harry, will be great to have a pic with you.

Harry (@theharryvoice):
My honor.

Gold Rocket | Satoshi Club:
Teg #SatoshiClub in your Instagram page 😁 and maybe someone will find you 😉

Harry (@theharryvoice):
Likewise.

Gold Rocket | Satoshi Club:
Thank you very much for your answers! Ready for the next question?

Harry (@theharryvoice):
Yea

Q3 from Telegram User @Highpee
In Quarter 4 of this year, you are going to launch a feature which you called Secret Project Launch. I have been thinking aloud to really understand what this function will be used for. I know that in Q3, you will have launch the iDoge foundation which will act as an incubator that select startup project to offer guidance and invest in. So, is this feature related to it? Or is this a launchpad? Why will the project launch be secret? What type of projects will be launched this way and what benefit will your ecosystem derive from the take-off of this function?

Harry (@theharryvoice):
Secret Project will be something that going to blow everyone’s mind. I cannot say much details about it. But that project already have 10 patents and will be very profitable within the next 2 years.

For iDoge foundation, what this is going to do is to invest in aspiring entrepreneurs have incredible ideas.

Basically we are just going to be like launchpad, or shark-tank.

But we are not limit ourselves to crypto only.

Gold Rocket | Satoshi Club:
Even though it’s a secret, we’re still waiting for a hint 😉

Harry (@theharryvoice):
We want to invest in anything that is promising and have clearpath to profit.

Andrés M. | Satoshi Club:
It sounds exciting.😁

Harry (@theharryvoice):
A steaming services

That is the ultimate answer to decentralize.

In another word, Netflix and Hulu is going to hate me a lot…lol.

Gold Rocket | Satoshi Club:
It’s a very promising direction today👍

It is not easy to be an influential person😉

Harry (@theharryvoice):
Not only that

We want to open the process to other production companies to be able to have their own channel under the streaming services.

And they will have total control of how much they can make.

Anyways, thats all I can say for now.

Andrés M. | Satoshi Club:
Btw, please share with us your whole roadmap

To know what else is coming.

Harry (@theharryvoice):
In Q2, early Q3, we will be start opening a lot influecner merch store.

And in Q3, we will be open our NFT Marketplace. also launching our productions company.

As well as Influencer Marketing Agency.

Those are profitable by itself.

We are going to be ready for the Holiday season.

A lot of profit to be made.

and it is going back to the tokenhodlers.

We are planning to pay dividends for the first time in Q1 2022.

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

Harry (@theharryvoice):
Yes.

Q4 from Telegram User @andrey_seleznov
Hi iDoge! ‍
I see in the tokenomics chart that 52% of the total iDoge token supply are Investor or Influencer investments and that this liquidity is locked at Team Lock with renewal of the lock every 30 days. Can you share some details about these early investors and influencers who supplied this liquidity are they random people or close friends etc involved in the project? How was the presale done and why lock renewal each 30 days, why not simply lock it for 10 years or so without renewals?

Harry (@theharryvoice):
The reason of why every 30 days is we want to see where we are going to stand, and then determine the course of actions, more than likely, 98.5% of the currently locked tokens will be back into the lock again.

Most of the liquidity are from ERC-20 token holders.

and,

There are only 3 of us that owns most shares in the lock. It’s myself, lakota, and Christ

Chris

So it is easy for us to make the deal and going back to relock.

Also, the reason we have to review every 30 days is

We may need to put our own holding into exchanges.

Also,

We know who owns the top 40 wallets.

So it is easy for us to track who sold or not.

Andrés M. | Satoshi Club:
Interesting, btw what is the max supply?

Harry (@theharryvoice):
10billion total supply

15% burned

And currently 28.8% locked.

But we will continue to lock most of it and Chris the whale will agree to lock for a longer period as we make a lot of progress.

So am I , and Lakota.

Gold Rocket | Satoshi Club:
Thank you very much for the detailed answer 👍 I suggest moving on to the next question!

Andrés M. | Satoshi Club:
Great choice.

Harry (@theharryvoice):
Yes.

Q5 from Telegram User @GauravSinghGill
As you have many plans to make iDoge grow. Hopefully, we can see iDoge on many exchanges in no time.
But can we see iDoge having it own Android/iOs applications? Can we see iDoge as currency used for buying products from grocery stores to buying cars ?
Can we expect iDoge launching some electronic products of its own with the brand name iDoge on it ?

Harry (@theharryvoice):
Right now, we are going to focus on web application, because this is what we are best at. But once we can prove our capability, we will start developing Andorid/IOS applications.

We just need to do it step by step.

We rather to underpromise and overdeliver.

Andrés M. | Satoshi Club:
That’s the correct way to work👏

Gold Rocket | Satoshi Club:
This is a great strategy and it will pay off.👏

Harry (@theharryvoice):
Thank you.

Gold Rocket | Satoshi Club:
Ready for the last question of this part? 😃

Harry (@theharryvoice):
Yes

Go ahead.

Q6 from Telegram User @NataliyaKil
According to the Q4 roadmap, you had a Hardfork planned (Creating a new token that represent the ownership of both iDoge INC Owners and iDoge Tokenholders). But when I went to your site again, I found that this item was excluded. Tell me, why did you decide to hard fork earlier, but now you have given up? What was the purpose of your hard fork, what token were you planning to create and for what purpose? Have you completely abandoned this, or have you just postponed the process for a certain period of time?

Harry (@theharryvoice):
We already hardfroked

We have to move it now because of what VB did to the ERC-20 community couple weeks ago.

Also,

We have done the swamp with all the original erc-20 tokens.

This is why we didn’t have an actual pre-sale.

ERC-20 holders were the pre-salers.

Andrés M. | Satoshi Club:
I understand community is an important pillar for IDoge and you had some big airdrops, currently you have any big event to reward your community?

Harry (@theharryvoice):
Not actual big event

Andrés M. | Satoshi Club:
Contests, staking, farming?

Harry (@theharryvoice):
We are about to launch a rewards website.

To reward community when they complete tasks.

Andrés M. | Satoshi Club:
Great news, another reason to support you. Don’t forget to share the announcements about it with our community🥳

Harry (@theharryvoice):
Definitely!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cryptoneco
You will distribute dividends to token holders in the first quarter of 2021. You will determine the dividend amount in print and according to what criteria will you distribute it? Will there be a minimum token holding rate for this?

Harry (@theharryvoice):
Will there be a minimum token holding rate for this? Anyone will be able to receive dividends, we should be able to get a customized solution to get all tokenholders address when snapshot.

Q2 from Telegram user @Kannan12_34
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is it like this? If not can u tell us, What makes it different from other projects?

Harry (@theharryvoice):
Yes, a lot of projects promise magic, but this is not us. We are transparent, and we will not promise any of our investors something if we don’t know if we can achieve it. this is why I didn’t answer the android/iOS part with details.

Q3 from Telegram user @cindy_crypto
You and your project is well known in US but not much on here on Asian countries so do you plan to create an ambassador program for expanding the word? Where to apply it?

Harry (@theharryvoice):
We have couple of team members working on it.

Q4 from Telegram user @highpee
You said that the ERC-20 iDoge is still existing because of your locked liquidity which you are unable to remove. For users who are still with the ERC-20 iDoge, is it safe to still transact iDoge ERC-20 since there is locked liquidity, or have you stop supporting it completely?

Harry (@theharryvoice):
Well, the swap is over, and anyone that didn’t get in on time for the swap will not be able to swap anymore. we have over 90% of major holders successfully transitioned.

Q5 from Telegram user @nitrogenpower
When I look into the price chart, idoge was really mooning till the end of the May. But suddenly a crush started after that. After that I research about it and see auto-liquidity process has been executed and price dropped after that. Why did you execute auto liquidity process? Now price seeming to go up again. In the future can you open SwapAndLiditidy again for price drop?

Harry (@theharryvoice):
Yes, while auto-liquidity can cost marketcap to drop, but that also in place to prevent huge dumping, because the more liquidity it is in the lp pool, the stronger the project is. The reason I have to execute the liquidity process is to prevent huge dumping. Yes, we can, but I am trying to do it as less as possible, but we do this just to make the foundation stronger.

It’s a painful decision, but we have to get it done from time to time.

Let put it this way.

All projects do it as well, and they do it often.

We are not planning to do this often at all.

Q6 from Telegram user @andrey_seleznov
You redistribute 4% among holders via reflection. This means users just need to hold $iDoge in a wallet to benefit from the growing amount of tokens in the wallet. Please clarify, what happens if the user provides $iDoge liquidity on the DEX, will reflection still work for LP tokens? Can holders get the best of these two earning possibilities: reflection plus DEX trading fees?

Harry (@theharryvoice):
Well, first of all, we don’t recommend users to provide iDoge liquidity, second, if they do, they will not be benefit from it…

Q7 from Telegram user @xperia3
Community means so much for successful projects. Projects which grow together with a community, stay strong even in market crashes. What are your plans to create a core community? How will you attract people and make them stay in iDoge project in long term?

Harry (@theharryvoice):
We are about to launch a rewards-based website to incentivize the community do more. like community will be able to make some idoge by completing tasks.

Q8 from Telegram user @Tahsinahmett
The financial strength of the team at the beginning is important for the survival of the projects. Of course, not every project has a rich like Elon Musk. What would you say about the financial situation and team of your project? What have you accomplished in the short term?

Harry (@theharryvoice):
Well, we have been able to stabilize our price for a while, yes, we may not have the help but elon musk, but we have a lot of influencers helping us, so we are doing good in term of marketing.

Q9 from Telegram user @cryptoneco
Why did you add only 1% burning mechanism when most projects were designing deflationary tokens while adding 3-5% burn mechanism? If there is community demand for this ratio to change, will it change?

Harry (@theharryvoice):
Because if we do more burn, we will not be able to be in compliance with the U.S. Securities and Exchange Commission as there will be too many tokens that is unaccountable for when comes to paying dividends.

Q10 from Telegram user @NataliyaKil
While researching your team, I discovered that Board of trustees iDoge members have accounts on one of the entertainment social networks Tik Tok. In their accounts, they have a huge number of subscribers.
Is there a Tik Tok page for the iDoge project? Are you engaged in attracting users in this particular social network: distributions, promotions, contests, do you talk about the news of the project? Does the fact that team members have such a huge number of subscribers brings at least some benefit to the project?

Harry (@theharryvoice):
Yes, our TikTok is https://www.tiktok.com/@idogetoken

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of IDoge. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 800$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
IDoge Telegram community: http://t.me/idogeofficial
Twitter: http://twitter.com/idogetoken
Website: http://idoge.co

We were delighted to welcome our guest from NFT Stars. The AMA took place on June 4th, 2021 and our guest was @AntonCheco!

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

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

Маry Satoshi CLUB: Hello  Satoshi Club! We are happy to announce our AMA session with NFT Stars! Welcome to Satoshi Club😀

D. Папа Роуч: today our guest – @AntonCheco ! greeting! welcome to Satoshi Club!  🙌

Anton Checo: Thanks a lot! It’s a pleasure to be here 🙂

Маry Satoshi CLUB: Hello, Anton👏 welcome to Satoshi Club!

Маry Satoshi CLUB: How are you today?

Anton Checo: Doing great! Preparing for an IDO for tomorrow 🔥🔥🔥

D. Папа Роуч: big event is coming 👍

Маry Satoshi CLUB: That’s fantastic! Let’s start 🚀

Маry Satoshi CLUB: I want to tell, that we want to know all about NFT Stars, as we are a big NFT fans😀

Маry Satoshi CLUB: But first, let’s start with your intro 😉

D. Папа Роуч: our first question in part 1 about IDO, so please don’t share too much information in the intro 😉😄

Anton Checo: Glad to hear it!

Anton Checo: Well, my name is Anthony Checo – COO of the NFT STARS & SPACESWAP projects, previously worked as a COO and Business Developer at the Blockchain engineering company (platinum.fund) since 2014 – over 7 years of experience in the crypto industry and has helped over 350+ crypto projects.

We are in here today to talk about A revolutionary multi-chain NFT Marketplace with its own ecosystem that will change the NFT industry 😉

Маry Satoshi CLUB: Very nice experience! How did you get involved in crypto?

Anton Checo: Oh shoot! 😉

Anton Checo: Started with our own ICO but then decided to do services providing back then since it was in high demand 🙂

D. Папа Роуч: sure, after brief intro of yours 😁

Маry Satoshi CLUB: Wow! You were fast, not everyone starting with own project😀

Anton Checo: Gotta move fast to get the cherry on the top of a cake 😉

Маry Satoshi CLUB: But i see that ‘fewer words, more deeds’ is about you😉

Маry Satoshi CLUB: Thank you for your intro! Do you want to add something or we can move to the questions from our community?😀

Anton Checo: Once again- it is my pleasure to be here!

But yeah, let’s move on!

Q1 from Telegram user   @imwiiw27

NFT STARS will launching tomorrow June 5th 2021, the public sale of its native token NFTD on BSCPad, CYBERFI SAMURAI and A2DAO LAUNCHPAD. Can you tell us the details of your IDO? Can anyone participate in the IDO? Are there certain amount needed to participate? And Does it need KYC?

Anton Checo: Great question.

Well, to begin with- every platform has its own requirements, so to not miss any details – I’d recommned you checking them out yourself.

They all will have different allocations as well.

As for the conditions: the price will be 2$ only per token

10% TGE = and then we will have an unlock of 22% every month for the next 4 months

Anyone can participate, there are no strict requirements 🙂

Anton Checo:

Here is the info pic for the total supply for Public Sale 🙂

Маry Satoshi CLUB: Did you have any private sales before?

Маry Satoshi CLUB: I need to tell that you give your members a lot of opportunities by choosing several platforms 😀

Anton Checo:

Yep, we closed our private sales and here is the list of our investors

D. Папа Роуч: awesome!

Маry Satoshi CLUB: I need to say that this list impress😀

D. Папа Роуч: by the way, to clarify, will you conduct IDO on both network – BSC and Ethereum?

Anton Checo:

As for the private Sales- we have only 16.25% allocation for “Core Contributors” which are these companies on the top picture 🙂

Anton Checo: That’s correct.  Only BSCpad will have the BSC  All the other platforms (A2DAO/SAMURAI/FLYBIT)- are on ETH

D. Папа Роуч: nice! thank you, important to know that 😊

Маry Satoshi CLUB: Thank you for your answers, Anton!

Anton Checo: No problem at all – all info is also located in here in case you need it 🙂

https://nftstars.app/en/investor/

Anton Checo: No problem at all 🙂

Маry Satoshi CLUB: Hope everyone will be able to buy😀

Маry Satoshi CLUB: And are you ready to proceed?

Anton Checo: Of course! Let’s roll 🙂

Q2 from Telegram user @surendra040

NFT Stars wants to transform the NFT industry into all being into quality, not quantity which is a really amazing mission. How do you plan to achieve this? NFTSTARS also offers that special treatment that no other platform does to its STARS. So what is your special treatment about and how will it help to find truly worthy NFT?

Anton Checo: Okay, to begin with – NFT STARS is not just an ordinary platform but the whole ecosystem that has some really unique features in it that I will briefly tell you about:

 1- AR-layer solution – an opportunity to get into the NFT AR gallery using a mobile application that will be no different to a real-life exhibition.

2- NFT Quests – First quests with the help of NFT in the world, also played a role in creative marketing for us as well as creating a big community for the NFT Stars.

 3- Fractional Trading – sale of high-value tokens in parts for big players such as Beeple as well. (just an Example)

4- Initial NFT Offering – Creative Launchpad using unique Shadow Staking system.

5- Pricing Scanner is a unique tool for evaluating NFT in the current market

As you see, many of these products are very unique and will definitely have its place in the NFT industry by helping beginners as well as NFT professionals.

Маry Satoshi CLUB: Yes, that’s really unique system! I saw platforms which offered one or two, let’s say, similar features, but not all

Маry Satoshi CLUB: Tell us, who developed this? Who are in your team?😀

Anton Checo: As for the treatment- we will and already care for the NFT STARS users, that is why we have made all of the NFT Token minting absolutely for free!!

So there is no need to pay for minting, the commission will be withdrawn only after the sale.

The commission will vary on the type of your account:

General 2% / Premium 8%

The difference in Premium will be : a few hrs of a free consultation with our legal team / Personal NFT STARS manager and many others

But the whole aspect in here is that all of these commissions will actually go towards the NFTS Token Buyback as well as its burn right after.

Anton Checo: Sure thing! We have a public team located right on our website in here, which you could see me in as well Sure thing! We have a public team located right on our website in here, which you could see me in as well

We are very transparent and you could also see our activity in the NFTSTARS chats sometimes 🙂

D. Папа Роуч: this is very cool!

Маry Satoshi CLUB: And as i understand your marketplace will be available on both ETH/BSC?😀

Маry Satoshi CLUB: I love this! 😍

Anton Checo: We will actually have 3!

BSC / ETH / and Huobi ECO Chain – that can be simply switched right in your Metamask wallet which will change the design of the platform as well.

I will give you a sneak pic of how it looks

D. Папа Роуч: sure!

Anton Checo:

Anton Checo: Well, 3 as for now.

We also have a few famous blockchains coming up soon 🙂

D. Папа Роуч: but how is it possible to mint NFT for free on Ethereum?

Anton Checo: Well, that’s when our team takes care for the quality of the product.

Which means that if you are a true artist that has passed our screening process (which is simple, you just have to verify the authenticity of your art works) – then the use and minting of the NFT tokens is free!

Anton Checo: It won’t be free for us, but will be free for our users 😉

D. Папа Роуч: interesting approach, you will be a quite popular among artists 😄👍

Anton Checo: We already have some really famous people on board 😇

Маry Satoshi CLUB: Can you tell us their names?😉

D. Папа Роуч: great! i hope everything will get better and better for everyone who use NFT Stars  😊

Anton Checo: I would love to, but we have an NDA signed.

I can give you a hint of the first one, his/her few videos on Youtube have gained over 40 mil views 😳

D. Папа Роуч: that’s a definitely a Star 😁

Маry Satoshi CLUB: Hmmm, i should go to YouTube and find😂 while i am checking you can answer the third question) ready for it?

Anton Checo: Glad we are on the same page then 😄

Anton Checo: Sure thing!

Q3 from Telegram user   @andrey_seleznov

Hi NFTStars! ⭐️

Recently NFT STARS announced a new partnership with BitBook, a travel platform for booking accommodation and earning rewards for sharing travel experiences. Could you tell us more about this exciting partnership? What benefits will it bring to all involved parties? How does BitBook plan to use NFT STARS, a multi-chain NFT marketplace, do you guys plan to create something like unique travel destination NFTs for them and help with ad placement?

Anton Checo: First things first, all of our partnerships were built with one goal- gain connections and truly interested people in the development of the NFT STARS.

And we surely did!

After having hundreds of hours on the calls with different VCs and KOLs – we have reached the point of getting in touch with really famous stars as well as crypto-stars as well 🤭

On the other hand, once we were partnering with one or another company- we have gotten really great support of them and the development strategy using our partnerships.

I cannot fully disclosure of the BitBook plans since our platfrom is only about to launch, although I can assure you in something unique is coming for nearly all of the partnerships that we have 🔥

Anton Checo: As you know, all big companies as BitBook or MakerDAO have really strict disclosure policy which I cannot go beyond…

Маry Satoshi CLUB: You partnered with really unexpected project 😉

Anton Checo: We have a strong reason for every partnership made  😉

Маry Satoshi CLUB: So, how many partners you have currently?

Anton Checo: If my count is correct- over 20 large companies and around the same with Super Stars

D. Папа Роуч: partnership a travel platform and NFT project is kinda unique, probably this combo will bring to the world something very interesting  😉

Anton Checo: Just like the rest of our products that we have in our Platform 😊😇

Маry Satoshi CLUB: Anton, do you want to add something or we can jump to the next question?🚀

Anton Checo: Let’s go on!

Q4 from Telegram user @meml97

I read that NFT Stars will implement something called “White Label Solution”, can you tell us more about this? How does this White Label Solution exactly work and for what kind of problem is this solution made for? How will this exactly help artists to get their own marketplace and at what cost by the way?

Anton Checo: Good one!

Anton Checo: White Label solution was actually made for any of the NFT STARS beginners that would love to create their own platform but with no enormous spending.

As you might guess, the marketplace development could cost you anywhere between 400-1mil$

And that’s where the White Label Solution comes in place. 

Any big players such as Gucci / Prada / louis vuitton etc. could just purchase our marketplace for a symbolic 100-150k$ and get the better version of the platform with no time-waste.

Furthermore, all of the funds from the White Label solution will go towards the NFTS tokens buy-back as well, which will generate not only the demand but also lower the supply and further increase its value.

So we will become a provider of White Label solutions for exclusive brands, they all will have Different front-end, same back-end.

Obviously, The front-end will be personally customizable for each brand.

Маry Satoshi CLUB: Do you already have first clients?😉

Anton Checo:

So yeah, it is slightly more complicated than it sounds, but including the factors of huge brands coming into the NFT industry – that will be really useful not only for them, but for the NFT STARS users as well💪

Anton Checo: We have a list of 10+ clients waiting for the release of our platform.

Маry Satoshi CLUB: It will be awesome! Great idea!

D. Папа Роуч: also, curious to know, what features will your token have on platform?

Маry Satoshi CLUB: Hope we will hear your names very soon😉

Anton Checo: I am sure you will be surprised 🤭

Anton Checo: Talking about our token – (NFTS)

it will have quite a few features:

– A Governance token to create a DAO NFT community (to vote and select artists)

– Staking NFTS in our vault for a chance to participate in the Initial NFT Offering

– A Reward token for the most active NFT STARS users (Marketplace Mining)

– Owning a certain amount of NFTS tokens ensures eligibility for NFT discount

– Ability to participate in NFT MANIA QUESTS with NFTS tokens

– Platform Liquidity Mining using farming pools and vaults

– Buy / Sell NFTs with NFTS tokens for a discounted price

– Lower Fees for artists if they hold NFTS tokens

– Ability to purchase special status on the platform to enable extra features

Anton Checo: So all of these features are assuring of the need for the token as well as giving the promising future of it I’d say 🔥🔥🔥

D. Папа Роуч: nice list 😊👍

D. Папа Роуч: thanks a lot for the detailed answers! ready for the next question?

Anton Checo: As always 👍🏻

Q5 from Telegram user @Jonahapagu

One of the unique features of NFT stars is its NFT Pricing Scanner which is used to analyze the market and the artwork of artists on other platforms to provide artists on NFT Stars with the best average price that they can sell their NFT for.. so what other platforms does you NFT scanner integrate with to scan for other artworks, what factors does it scan for or consider before determining the best average price an artist can sell their NFT for, do artists have other alternatives of deciding the value for their NT’s on your platform other than using your NFT Price Scanner, and how is this pricing mechanism a more better option than other pricing mechanisms..

Anton Checo: Well, we came up with this idea since once you are new to an NFT industry- and you have your own artwork – I’m sure you won’t have even the rough pricings of how much it will be going for.

And that’s where the NFT Pricing scanner come in place.

It is very simple to use – all you have to do is upload your picture and then it does the evaluation upon the similar looking pictures on other platforms (Rarible/Opensea/ Foundation etc.) which then tells you a rough price of how much it might cost.

At this stage, the Pricing scanner will not be a limit for your pricing but finding the similar works, so if you are sure that your picture is unique and it has no analogues – then the price will only be the Author’s decision- the scanner just makes a suggestion 🙂

Anton Checo:

It will look similar to this

D. Папа Роуч: cool! your pricing scanner something like oracle in NFT world?😁

Anton Checo: Exactly👍🏻 😁

D. Папа Роуч: it might become a game changer 😉

Anton Checo: That’s what NFT STARS is about 😉

Маry Satoshi CLUB: So, tell us how you will make decisions about your new authors? Will your accept only famous? What requirements you will have?

Anton Checo: We will have a few selection criteria for the authors.

At first- no people will be limited in listing their NFTs, however, they have to pass the screening process first

(Pass the Artwork’s authentication process)

As for the Exclusive drops – we will have 2 options there.

1- These will be famous stars that will have their drops up just by the Management decision

2- Even a usual user can get an exclusive drop if the community will vote for it!

Маry Satoshi CLUB: Excellent system 👍

Маry Satoshi CLUB: Anton, thank you for your answers! Are you ready for the 6th and last question from this part?😉

Anton Checo: So long story short-

Prior to being listed on the NFT STARS Artists must

1- pass the screening process that will have an evaluation score inside our team.

2-Our screening team have to make sure that the posted art for sale lives up to its description or the promises made as well as confirms its authenticity.

Anyone talented can become a member of the NFT STARS by filling up our listing form on the website : https://nftstars.app/en/artist/ and our NFT STARS manager will contact you.

Anton Checo: Sure thing! Let’s go for it

Маry Satoshi CLUB: Satoshiclubbers, it’s your chance 😉

Q6 from Telegram user @Highpee

One of the concepts NFTStars will be promoting is Fractional Trading, a feature that will shred NFTs into fractional compartment thereby allowing users who are unable to afford the entire piece of NFT to own a small part of such symbolic art piece. So, how will NFT fractions be generated and how will its trading be facilitated? How can these fractions retain the identity and symbolic utility of the complete piece after such NFTs might have been shredded into fractional parts? Will your NFT fractions be accepted for trading on your marketplace only or will it be possible for Fraction Trading to be executed on external popular marketplaces?

Anton Checo: So, how will NFT fractions be generated and how will its trading be facilitated?

It will be simply implemented once the NFT get’s put into the Shredder. The Main NFT never disappears, it still stay in the system. Of course, just utilizing it would be a mess.

How can these fractions retain the identity and symbolic utility of the complete piece after such NFTs might have been shredded into fractional parts?

That’s more of a philosophic question in here.

When purchasing – you are not just purchasing a piece of artwork, you are purchasing a piece of history. Let’s say if it was Beeple- you would be purchasing a piece of history that the author was spending so much time at. Furthermore, you would still have an access to the Original picture of it.

Will your NFT fractions be accepted for trading on your marketplace only or will it be possible for Fraction Trading to be executed on external popular marketplaces?

Once the Shredded NFT is released- there is no matter what platform it’s being sold at- there are no limits.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @highpee

You plan to host regular NFT ART EXHIBITIONS. I read that the first NFT meet up event was recently held in Sydney, AUSTRALIA.  How was this event and how many artist or artistic piece you were able to exhibit? Which other locations will you be considering for exhibition?  What will be the procedure for an artist to submit his work in order to be part of your NFT Exhibition?

Anton Checo: Good question We are actually running the event but from July 4-14 You can find more info in here : https://dailyhodl.com/2021/06/01/the-first-ever-nft-exhibition-in-australia-is-coming-to-melbourne/ We are also planning to launch more NFT Exhibitions in Moscow and Dubai later on! The proceed you have to contact our NFT STARS team to be listed in there as an Author or if you’d like to come! The submit of work is the same as on NFT STARS platform 🙂

Q2 from Telegram User @Jonahapagu

NFT STARS is said to be introducing a completely new way to fund a business idea through what it calls an “Initial NFT Offering”, how will this new fundraising idea work, how can projects or users carryout out an Initial NFT offering on NFT stars, what will be the requirement for their participation, and how do community members who are interested in participating in your Initial NFT offerings become eligible to do so..

Anton Checo: This can be simply called a creative launchpad – an opportunity to make fundraising for a project in an unusual, creative way – by selling NTF tokens, which will bring you the tokens of this project. At the end of the NFT pharming period, the token will remain with the buyer as collectable and he can even sell it on the secondary market, if he wishes, or keep it as a souvenir. We’ve also implied the “Shadow Staking” technology from the SpaceSwap project to assure of avoiding the Pool Rugs when staking your NFT. Any users could be involved in it – it will be just a matter of voting or you could discuss it with out management team 😉

Q3 from Telegram User @nadee5

Sir  ,Can  I    make  a  passive income   by  holding NFTS ?

Anton Checo: I cannot make such strong statements, but I would not say that a constant burn from the total supply as well as the constant use of the token would dump the price 🙂

Q4 from Telegram User @cryptoneco

Although NFTSTARS is still a new project, it has announced partnerships with important projects such as SpaceSwap, Moma Protocol, Bitbook and Mobius Finance.

What could be the reason why you, as NFTSTARS, are considered important by other projects?

Will you continue to grow with new partnerships for the future?

Anton Checo: We will and we still are setting new partnerships up since we think that the NFT Industry needs a 2nd Breath that will change the industry in general. The reason of us being considered as important is due to the revolutionary ecosystem that we’ve built. Furthermore, Every partner loved out tokonomics based on the constant burn as well as the buy-back of the NFTS tokens seeing how transparent we are.

Q5 from Telegram User @Zidny_Lathifa

NFT STARS will launching tomorrow June 5th 2021, the public sale of its native token NFTD on BSCPad, CYBERFI SAMURAI and A2DAO LAUNCHPAD.

Q1. Can you tell us the details of your IDO?

Q2. Can anyone participate in the IDO?

Q3. Are there certain amount needed to participate?

Q4. And Does it need KYC?

Anton Checo: IDO Details- TOMORROW 5th of JUNE

🔥https://bscpad.com/projects

🔥https://launchpad.a2dao.com/

🔥https://samurai.cyberfi.tech/launch-pad/nft-stars

🔥https://flybit.com/wow/detail/261

The rest was answered as a previous AMA questions 🙂

Q6 from Telegram User @nadee5

NFT stars has  a  creative launchpad   using  unique shadow  staking  system …Can  you  please tell us more about this  Shadow staking system ?

Anton Checo: Of course! We also have another project called SpaceSwap that was on HYPE due to the Shadow Staking system.  This System is very simple to describe.  It acts as a scanner on your wallet. So you do not have to stake your NFT physically, you could only press one button after which the Shadow Staking- acting like a Scanner will be watching your balance to ensure the existence of the necessary balance.  Once it sees it there- it deposits a reward to your account.  Simple 😊

Q7 from Telegram User @arbestefy

What is your project mainly focused on?

Anton Checo: Changing the NFT industry from the the quantity to the quality side.

Q8 from Telegram User @Eminet001

Are you decentralized and global. As an African and a beginner  can I also establish my platform with low funding?

Anton Checo: We are global, for sure. Although some countries might have restrictions, so please be aware of that.

Q9 from Telegram User @Tony253210

Exploring your website I realized that you have something that is called “customized AR rooms” so can you explain us what is this exactly? Is like a kind of virtual gallery where user can show their work?

Anton Checo: AR is a unique system, and you got it right! I could share you a video regarding its use : https://drive.google.com/file/d/17mDrLsD_Q7N2s7_bOIBxKPYFOuAsHf47/view AR is an opportunity to get into the NFT AR gallery using a mobile application that will be no different to a real-life exhibition. So once you have your phone you could go to the AR exhibition and not only inspect it but also make purchases right through your phone!  As for the private rooms – you could create your own private room with an exhibition if you wish 😊

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of NFT Stars. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

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