Month: July 2021

PART 1. Introduction of Blanet project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about Blanet index fund.

Blanet is the world’s first Multi-chain index investing platform, where anyone can easily invest in index funds using BLANET tokens.

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:

Mary | Satoshi Club – @Satoshi_club

Gold Rocket | Satoshi Club – @GoldRocket27

The Representative of the project:

Anthony – @Fernandesan – BLANET designer and marketer.

Blanet Official – @blanettech

Introduction of Blanet project.

Mary | satoshi club:

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

Blanet official:

Hello, everyone.

Gold rocket | satoshi club:

Today our guests are @fernandesan @Blanettech!

Mary | satoshi club:

Welcome to satoshi club 😀

Gold rocket | satoshi club:

Hello and welcome to satoshi club, guys!😊

F:

Hi,satoshi club community!

Blanet official:

We are the Blanet.

I am very honored to be able to do an ama with this wonderful group.

Mary | satoshi club:

Hello! Welcome here 👍

Gold rocket | satoshi club:

Thanks for joining guys! Let’s start!

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

Tell us please also about your position in Blanet?

Blanet official:

I was a crypto trader just like you guys a few years ago.

What made me different was that i had experience working in a financial institution.

These days crypto world is full of scam.

I believe that practices like rug pull are rampant and hindering proper investment.

We are the world’s first blockchain index staking fund that deploys a platform using erc tokens and proprietary indices.

Through Blanet, we will create a world where many people can invest in the potential of blockchain with confidence.

Staking rewards will be paid in stable coin, and there will be no pressure to sell Blanet tokens.

The more people who participate, the more the value of the Blanet token will increase.

The Blanet team generates profits by trading on its own indices.

By staking $blnet, users will be rewarded with stablecoins, which will be operated by the Blanet team.

Mary | satoshi club:

Oh, it’s interesting! Which financial institutions did you work for?

Blanet official:

I can’t tell you the name of the company, but i worked for a forex broker. This is where i learned about indexes and other complex calculations.

And i learned that it is better to diversify your investments across many stocks than to stick to one stock, and that it is possible to increase your assets in a stable manner.

We have five main members.

Each of us has a role to play, but mainly me and f are on telegram.

You can also find our photos on our website.

Mary | satoshi club:

Gotcha👍 could you tell us more about your team? How many people are there? Are you public or anonymous?

Gold rocket | satoshi club:

This is a very good background for creating your own crypto project.

F:

I’m anthony. Blanet designer and marketer.

I provide cool designs that investors get excited about.

Gold rocket | satoshi club:

Wonderful👍 a good designer is half of the success in management 😉

Mary | satoshi club:

Yes, i see you prefer to put eggs in different baskets😀 usually it works!

Blanet official:

That’s right!

Blanet official:

They are proven by statistics.

Mary | satoshi club:

Thank you for your intro guys! We choose 6 questions for the first part of our ama and they are waiting for you😉 ready to start?

Blanet official:

Yes!

Preselected questions about the Blanet DeFi project.

Gold rocket | satoshi club:

Q1 from telegram user @dk177

Currently, many new projects are emerging with attractive concepts and almost every project offers a native token. In this situation, why should we buy and hold #Blanet? Please explain some short-term and long-term benefits we can get by holding your token. By the way, can anyone apply to get whitelisted for the #Blanet private round? You have mentioned that the private sale slots will be allocated for initial supporters and the remaining slots will be allocated for the winners in the whitelisting process. How can i increase my winning chances? Please let us know the criteria you use to determine winners.

Blanet official:

Ok, please wait 😀

Mary | satoshi club:

Complex question 😀

Blanet official:

By holding $Blanet and staking, holders will be rewarded with stablecoins.

The rewarded stablecoins can be obtained by trading with the Blanet index.

In other words, holding and staking $Blanet is a stable investment in itself.

These rewards are more stable and more profitable than regular staking rewards.

We have not yet announced the details of the whitelist for our private round, but we are working on it so that everyone can participate fairly.

It doesn’t matter how many twitter followers you have.

Gold rocket | satoshi club:

Don’t forget to share whitelist details with satoshi clubbers😊

Blanet official:

Yeah of course!

Mary | satoshi club:

Could you reveal at least some details of the private sale?😀

Blanet official:

But check out the Blanet group, too.lol

Mary | satoshi club:

Could you share your tokenomics with us?😀

Blanet official:

We will first raise 200 eth in the first round.

After that, we will raise 1800 ETH.

These may seem like very large projects, but they are very small amounts for an indexed investment.

I hope you will not be surprised by this amount. I hope you will not be surprised by this amount, but rather understand that this is such a big project.

Blanet official:

This is 😊

Gold rocket | satoshi club:

Thanks for your answers and sharing🙌

Mary | satoshi club:

Exciting numbers!

Blanet official:

Welcome 😊

Mary | satoshi club:

Ready to go to the next question?😉

Blanet official:

Yeah

Gold rocket | satoshi club:

Q2 from telegram user @josegamboac

Blanet is trying to revolutionize the world of cryptocurrencies, the defi world. Index funds using indices such as NASDAQ, DOW, NIKKEI 225, etc. What benefits do these indices provide at the level of investments related to cryptocurrencies?

Blanet official:

Good question

The volatility of crypto is very high.

The volatility of crypto is very high, incomparable to any world stock market.

The role of an index in such a world is to make the market situation as visible as possible.

By investing based on the numbers visualized by the index, we believe that we can grow our assets stably even in the face of great volatility.

F:

Index number details in wp.

Mary | satoshi club:

Do you have a list of indices which you will use?

Gold rocket | satoshi club:

By the way, please share your roadmap with us.😊

Blanet official:

I’m sorry, but i can’t disclose more than what is written in the wp.

However, i have picked up some things that you can imagine.

It’s not published to prevent similar projects. We will make it public when we launch the project.

Got it?

F:

Mary | satoshi club:

Guys, i in your roadmap mostly non-technical goals prevail, tell me what are the technical goals?

F:

Roadmap is named in homage to the operational name of the apollo program🚀

Blanet official:

Our goal is to make it easy for anyone to earn Blanet rewards with our mobile app. We are planning to launch the mobile app around September, but we don’t have a specific date yet.

Gold rocket | satoshi club:

Thanks for sharing and for your answers! Ready for the next question?

F:

Ok,sir

Gold rocket | satoshi club:

Q3 from telegram user @arisabela

 I took a look at your prototype and you charge a 1% of fees for staking and no percent for withdraw the earnings with Blanet. Can you tell us what strategies should the users use to save in fees? How much APY can the investors expect from your platform and what other benefits do you provide for your stakers? Is staking a key component on your ecosystem?

Blanet official:

The best way to save on fees is staking for as long as possible.

And yes, staking is a must in our ecosystem.

As for the APY, it is only a rough estimate as the reward amount will vary depending on the transactions using our index, but we will at least provide an APY that will satisfy everyone.

I would like to make it clear that it is not something that will be reduced by a factor of 100 in just a few days, as is often the case with projects.

Mary | satoshi club:

As I understand, you choose ETH for your launch, right?

Blanet official:

Yes.

Mary | satoshi club:

Why? Mostly projects are launching on bsc now. What special did you find in Ethereum network?

Blanet official:

I decided that eth was the best choice.

BSC may be affected by the Binance situation.

Polygon was also considered, but our technical team decided that ETH was the best development base.

Mary | satoshi club:

This makes sense 👍  Thank you for your answers! Ready to jump to the next question?

Gold rocket | satoshi club:

Thanks for your answers

Blanet official:

Ty! Yes!

Gold rocket | satoshi club:

Q4 from telegram user @ambbobb

In your roadmap, you planned your token to be listed in 2021 q3 on cmc and set a goal to be ranked 100 on cmc on or before 2022 q2 which is roughly nine months difference. Many investors will hold to this statement what is the probability that this will happen? What are the thing you have to in place to achieve this. And do you think been listed before been audited will work out?

F:

Ethereum blockchain is about to be updated ”london”.

We believe the transaction issues will be resolved soon, and the stability of the chain for BSC depends on what Binance does. It is not decentralized.

We chose ERC because we are willing to pay a higher gas fee.

Mary | satoshi club:

True 👍

Blanet official:

Actually, the process to get listed on cmc is ongoing. And the same goes for the audit.

However, we are obligated to communicate only the definitive information to our investors. However, we are obligated to communicate only the definite information to the investors because we do not want to make the investors feel uneasy by telling them something uncertain.

Once we are listed in cmc, we will steadily increase our ranking through proper marketing.

The 100th position is our goal, and by the time we achieve it, you will have earned a lot of rewards.

F:

In the long run, I believe it is the Ethereum blockchain that will survive.

The enthusiasm and number of the developer community are completely different compared to other chains. It is overwhelming 🤣

Mary | satoshi club:

I want to ask you if staking will take place on your platform?

Blanet official:

Yes, we will

Mary | satoshi club:

So, as I understand, we will need to deposit funds to your platform. Do you plan to audit it also, because as I see in your roadmap you plan to audit only your token?

Blanet official:

An audit of the platform itself will also be done, of course.

Mary | satoshi club:

Are you already in contact with audit firms? Can you tell us their names?

Blanet official:

I’m sorry, but i can’t tell you that.

But please wait a little longer.

We’ll make an announcement soon.

Mary | satoshi club:

Sure, we will wait😀 Thank you for your answers! Ready to go to the next question?

Blanet official:

Please follow our information! 👌

Gold rocket | satoshi club:

Thanks for your answers😊 Ready to proceed to the next question?

Blanet official:

Yes!

Gold rocket | satoshi club:

Q5 from telegram user @victorogb

Blanet has categorically stated that it is doing the right kind of marketing with a formidable and concise marketing team and plan. In most cases, great marketing has a lot to do with the right partner and collaborations. Therefore, can you briefly outline some of “the right kind of marketing” Blanet has in place, and how will this be translated to a long-term marketing plan? Additionally, you have allocated a total of 10% of your token supply to partnerships and marketing, how will these funds be strategically distributed as the project develops, and what sort of partners will Blanet look to collaborate with?

F:

When it comes to marketing, we believe that the most important thing is to have platform users and investors trust us.

Numerous projects are not on time and do not keep their promises.

We will do proper marketing and aim to make our project trustworthy to the Blanet community in the long run.

We will make announcements about partners in the future, so that we can avoid going public as a goal. And this will surely bring great value to Blanet holder 🚀

Blanet official:

And we are still looking for a strong VC.

Mary | satoshi club:

How will you distribute funds? Can you explain the process? Does this include payments for influencers? And, btw, will you have any vesting period for this fund?

Blanet official:

We discuss with each partner and decide the allocation according to their role.

It also includes payments to influencers, but the marketing fees to them are mainly paid in USDT, so it is not an excessive selling pressure.

Vcs who want to partner with us are always welcome to contact us.

Mary | satoshi club:

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

Blanet official:

Ok!

Gold rocket | satoshi club:

Q6 from telegram user @brainchest

Who can create an idex? I mean a normal user like me will be able to make an index of sick people from covid-19 and another index of cured people from covid19 , and the 3rd index is the aggregate of the 2 previous indices.

Blanet official:

Yes, basically anyone can make an index, as long as they know how to do complex calculations and formulas.

In Blanet, i will mainly create, validate, and monitor the index.

People with knowledge and experience may be able to create their own indexes and invest in them themselves, but in reality many people buy financial instruments such as the dow and nasdaq. In other words, it is not possible for anyone to create and invest in an index on their own.

Mary | satoshi club:

When we will be able to test all features of your platform?

Blanet official:

Staking will be available a few hours after the token is released.

Mary | satoshi club:

Awesome! Thank you for your answers! And the most exciting part of our ama is coming next😀

Live part! Ready for it, guys?

Blanet official:

Come on!

Mary | satoshi club:

Let’s go 🚀

PART 2.Questions about the Blanet 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 Blanet 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 @AugusS7

Your project really sounds very promising, since it will be extremely easy for users to use, but it really costs me a lot to trust the seriousness and reliability of your products, for them, could you tell us how you guarantee that your products are completely transparent and reliable?

Blanet Official:

There is no such thing as a risk-free investment.
BLANET’s investments, like all investments, carry risk, but our mission is to minimize that risk.
To this end, we have developed the Index, which is an innovative solution.

Q – 2 from a telegram user @JasmineSha

My question about UI/UX design, In cryptocurrenies platforms it is good to have nice colourful screen and good usage of fonts for transcripts design, however we also expct informative UI, obvious price charts which not seems in your design, how we can see or check your final UI design?

Also
On next 4th August, I think London hardfork ETH2 is launching, Are you ready for ETH2? Or you are designing the solution for ETH now, and updates come later? 

Blanet Official:

We have not released any Dapps yet.
That is due to marketing reasons, but those will be released soon.
Also, we are preparing for ETH2, but will update it in the future as we are currently developing on ETH.

Q – 3 from a telegram user @BJosefina61

If I BLANET staking, I earn USDT; does this come from fees or is there another interesting mechanism involved?

F:

The compensation is based on the investment income of the BLANET index fund, which uses its own index.
This is probably the first index fund using an index and its token in the world.

Q – 4 from a telegram user @AugusS7

Your project really sounds very promising, since it will be extremely easy for users to use, but it really costs me a lot to trust the seriousness and reliability of your products, for them, could you tell us how you guarantee that your products are completely transparent and reliable?

Blanet Official:

You are right, we need a lot of money to make our project successful.
That’s why we are planning to raise a total of 2000 ETH in ICO.
What if we can’t raise it? Don’t worry about it.
We have already secured the necessary funds for development.
However, if the ICO goes well, our success will be faster.

Q – 5 from a telegram user @cenkkargin0666

What growth or community does the Blanet tech platform aim for? Are you a global project or a local project? Can anyone use the Blanet tech platform without any conditions or restrictions?

F:

We aim to be the world’s leading crypto index fund. Globally, of course!
We also want to build a quality community with BLANET token as a key driver.

Q – 6 from a telegram user @ethcypherpunk

Your goal is to reach the 100th CMC rank; But there are two obstacles that you must face: the future inflation of tokens, given tokenomics, and the demotivation of early investors; In this regard, how do you plan to keep investor appetite alive and the relative scarcity of BLANET tokens? try to convince me as a potential ICO investor?

Blanet Official:

Thank you for your interest in BLANET.
The advantage of our project is that it provides investors with a stable return on their investment.
Even if the market conditions are not good, the Index is designed to allow the transaction to proceed according to market conditions. This is something that no other project can imitate.
If you are a great trader, our project may not be of much use to you, but if you are looking for stable asset management, we will be able to build a good relationship with you.

Q – 7 from a telegram user @highpee

Your project name is BLANET🤔 and your roadmap has phases which you named RANGER , SURVEYOR, LUNAR ORBITER and MERCURY. What is it with these type of themed name? What does your name mean and where do you derive inspiration for this type of nomenclature😁?

F:

Good question!
Our project, as the name suggests, is about space.
The B in BLANET is the B in Bitcoin. The roadmap name is in honor of the Apollo project. I like this naming very, very, very much.
The slogan “Trip the crypto universe” is one of them

Q – 8 from a telegram user @JoxesXIII

Blanet is focused on the Multi-Chain issue; Are you also thinking of joining the Layer 2 ecosystem such as Arbitrum and Optimism (on the optimistic rollups side) and Starkware and zkSync (on the zk rollups side)? I am mentioning the most prominent of the field?

Blanet Official:

You are a diligent investor.
Layer 2 is a very important area.
Of course, BLANET is also considering participating in layer 2. I am sure you will have a good report.

Q – 9 from a telegram user @MOMINMRP

Can you list 1-2 killer features, of this project, that makes it ahead of its competitors?

F:

This was calculated by our supporters who participated in the Mathematical Olympiad. There is only one project in the world that uses this index.

Q -10 from a telegram user @captainprice111

What kind of features, differences and incentives does blanet offer to its users to be a shining star in the universe? Should we watch the shining star from afar or how should we benefit from this star? Do you have any plans for reward distribution etc. in the near future?

F:

Thank you! Users should travel through the crypto universe with us🤣
The BLANET token is one of the tickets for trip.

Q -11 from a telegram user @Cheriemike

Blanet aims to revolutionize the world of cryptocurrency,the DEFI world and the Index funds using Indices such as NASDAQ that has traded about 3,000 stocks,Dow measures peaks and troughs of 30 companies and Nikkei 225 consists of 225 stocks in the Tokyo stock exchange, all this attracted you because they have been proven to provide greater returns on long term investments.My question is,What methods for calculating Indices have you established and how is Blanet Index Calculated?And how will this help you to earn stable income on long term bases?

Blanet Official:

We do not disclose all of our calculation methods.
However, the basis of our calculations are those used in indices such as the Dow and the NASDAQ.
The use of indices helps us to accurately judge market conditions.
And by investing based on them, you will be able to earn a stable income.
Indexes can be used as a guide to the market.

Part 3 – Quiz about project

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

Telegram group  | Tweeter  |  Website  | Medium

We are pleased to announce our next AMA on August 4th 2021 at 01:00 PM UTC Time: Satoshi Club x Lithium Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Lithium Finance Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Lithium Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Lithium Finance

For more details:
Lithium Finance Website – lith.finance
Lithium Finance Telegram – @lithiumfinanceofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join GPool Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. GPool Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about GPool

For more details:
GPool Website – gpool.app
GPool Telegram – @gpoolofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 1st 2021 at 03:00 PM UTC Time: Satoshi Club x PeachFolio

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join PeachFolio Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. PeachFolio Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about PeachFolio

For more details:
PeachFolio Website – peachfolio.app
PeachFolio Telegram – @peachfolio
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on July 31st 2021 at 03:00 PM UTC Time: Satoshi Club x Peri

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Peri Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Peri Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Peri

For more details:
Peri Website – pynths.com
Peri Telegram – @peri_global
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Phuture and our guest were @Charles and @OliverMehr. The AMA took place on the 27th of July.

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&WebSite

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Phuture! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community!
These guests come to us not for the first time and we are very glad to see them❤️ Today our guests are @Charles @OliverMehr!

Oliver Mehr: Hi!

Charles | Phuture: Great to be here!

Mary | Satoshi Club: Hello, Oliver and Charles! It’s a pleasure to see you here again 😊

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @Charles @OliverMehr! Thanks again for joining guys! ❤️

Charles | Phuture: Great to be back!

Mary | Satoshi Club: How are you? How do you like current market?😉

Charles | Phuture: It’s a great time to be shipping product and growing community, which is what we are focused on at Phuture.

Mary | Satoshi Club: Yes, that is true! 😀 I see that your community is growing and that’s cool!

Gold Rocket | Satoshi Club: Please tell us a bit about what happened during this time and a small introductory intro about the project.

Charles | Phuture: We have recentlly established paid community working groups, check it out: https://blog.phuture.finance/how-to-join-a-phuture-community-working-group-14170e3def01

Gold Rocket | Satoshi Club: Congratulations🙌🙌🙌

Mary | Satoshi Club: Satoshiclubbers! Join 😉

Charles | Phuture: Get paid to help grow the Phuture community!

Gold Rocket | Satoshi Club: This is a good milestone for the project😊👍

Charles | Phuture: Absolutely, the first of many!
We have Testnet Alpha out this thursday, then the liqudity mining program coming out on the 2nd of august, exciting times!

Mary | Satoshi Club: A lot of events! I will also come and try😉

Gold Rocket | Satoshi Club: Oh! it’s amazing🚀

Mary | Satoshi Club: Guys, i know that you are here for the third time, but our community is growing fast as well, so could you please give us a short intro about Phuture (for those who are new😀)

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

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

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

Mary | Satoshi Club: Thank you 😀 Btw, will you Testnet Alpha be on Ethereum network or on Kovan, for example?

Gold Rocket | Satoshi Club: We would like also to know more about this!

Charles | Phuture: This Thursday we will be releasing the Testnet Alpha – this will be showcasing the beauty of the the Phuture protocol with some features beign held back for testnet.
@OliverMehr can talk about the LM program 🙂

Oliver Mehr: We are really excited to announce the beginning of a collaboration with our community in helping us to roll out each phase of our product.

The Testnet Alpha will be in stages: The first stage will be showing off the minting and redemption of index tokens. Each iteration will bring further functionality and we are looking for the community to use the testnet and provide feedback.

In addition, we are currently having our LM contracts audited and are on track for our 2nd of august release. The LM program will focus on the PHTR/USDC uniswap pool with 1mm tokens distributed in the first 6 months.

Mary | Satoshi Club: Wow, awesome numbers! Sure, our Satoshiclubbers will join😉

Gold Rocket | Satoshi Club: How much work you have done! and more to come! 🚀

Oliver Mehr: LM participants will be able to improve their return by either staking more liquidity or locking up their liquidity for longer.

We will also have a referral program such that people can refer their friends and receive a yield boost for doing so. More information will be released in our upcoming medium article!

Mary | Satoshi Club: Oh, that’s even better! I can even tell that it’s perfect!

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

Oliver Mehr: A lot of thought has gone into it. It will set the foundations for the PHTR token, allowing people to access PHTR for utility on the platform.

Mary | Satoshi Club: Cool! Was it your decision or it is your community suggestion?

Oliver Mehr: I think there will always be a need for deep liquidity on the protocol token. We recognised that and got to work structuring it.

Mary | Satoshi Club: Yes, you have a clear definition of what you need to work on😀
Guys, i am a bit afraid that you will answer all questions before we will ask them😂 But we still have 6 questions from our community for the first part!

Gold Rocket | Satoshi Club: Yes🙈

Mary | Satoshi Club: Ready?🚀

Oliver Mehr: Ready!

Q1 from Telegram User @andrey_seleznov:

Welcome back, Phuture! Eager to learn all your news since the last time you’ve been at Satoshis! And I have a question. Could you please share some details about Phuture’s open design philosophy for new investment strategies and the tools that will allow users to create new indices. What assets will the users be able to select from when creating their new custom indexes, will the assets selection be limited or any tokens from the supported blockchains can be incorporated into an index? And finally, how do custom indexes generate profits on Phuture, do users who invest into other users’ custom indices pay the fee to creators? Thank you!

Oliver Mehr: Phuture has built the index creator tool that allows people to create their own custom index. In addition, users can invest into existing indices already on the platform. We will launch with 40 assets: each one has been curated and vetted by us. This is to ensure the safety of our platform.
We plan to expand our asset offering over time.

Creating an index is very simple. For that reason there is no fee paid to the creator. Fees are paid by index investors to the Phuture token holders

Mary | Satoshi Club: Will you have any guides for creating an index? Do you have list of this assets somewhere?😀

Charles | Phuture: Yes. They will be published once the Testnet is live 🙂

Oliver Mehr: It will be released in due course.

Charles | Phuture: One of the best things to do is check: Telegram: https://t.me/phuture_group
Discord: https://discord.com/invite/frRD3C

Mary | Satoshi Club: Super! We will check them! Personally i always like to test something new😀
Thank you for your answers, guys! Are you ready to proceed?

Charles | Phuture: We look forward to your thoughts after testing!

Mary | Satoshi Club: Sure!

Q2 from Telegram User @Highpee:

Looking at your token, 20 million $PHTR will be minted at once initially. However, the $PHTR contract has the ability to mint additional tokens. You said you included this option in order for you to keep incentivising the ecosystem. But don’t you think that having a mint option and continuously minting tokens to incentivize users may result in the dumping of these tokens back into circulation which will result in token inflation? Who decide when minting is needed and how will this be carried out to ensure that it is not abused and done arbitrarily? What measure will you put in place to ensure that minting will not result into inflation which may directly reduce the value of your token?

Oliver Mehr: Our initial supply is 100mm. Our goal is to get to a self sustaining ecosystem with this token supply. And current circulation: 3,159,205.00 tokens.

That is an ecosystem that relies 100% on platform fees. Currently the team have the ability to mint additional tokens. This will in time be decentralised.
Should the ecosystem require additional incentivisation then the mint functionality will be used.

Bear in mind it is everyone’s interest to mint as little as possible, but we must have it in place in order to continue growing!

By decentralising control over the token, no one bad actor can gain control.

Mary | Satoshi Club: In which way it will be decentralised? Can you please explain?

Oliver Mehr: Controlled via a multisig of core community contributors, as well as team members.

Mary | Satoshi Club: Gotcha 👍
How many people will have a right for multisig?

Oliver Mehr: These details will be decided once we are ready to transition. It is currently too early in our community lifecycle for that.

Mary | Satoshi Club: Thank you, that’s clear 🙂

Gold Rocket | Satoshi Club: Thanks for your great answers 😃

Mary | Satoshi Club: Ready to go to the next question?🚀

Oliver Mehr: Yes!

Q3 from Telegram User @ambbobb:

I read a short news that the Community LED Competition has commenced yesterday and will end on th 8th of August, where up to 6 winners will receive $150 each in $PHTR tokens for making the best meme on Phuture plus random giveaway (100$ in $PHTR). Since newbie to this project can still participate in this competition. How can we participate, what are the terms and conditions been attached. What is also the essence of becoming a core contributor to the Phuture protocol after being involved in your first community call?

Charles | Phuture: Good question. This compeititon was created by one of our communities members in the ‘Marketing and Growth’ working group. Phuture empowers its community!

As for how to join – check out the post: https://medium.com/phuture-finance/phuture-meme-competition-81f38a5e1725

Mary | Satoshi Club: I couldn’t find which reward fund you will have for the community working group 🙂Can you tell us?
Btw, a lot of nice memes in your channel 👍 Phuture community is very creative!

Gold Rocket | Satoshi Club:
I like this one😁

Charles | Phuture: This was created in the ‘Marketing and Growth’ community working group. Anyone can join, contribute and be paid for their time and work! https://discord.gg/CyAJVMpJ

Mary | Satoshi Club: Have you already implemented something offered by your community?🙂

Charles | Phuture: Yes, the meme campaign is one. Lot’s more coming out, like an Ambassador program which was created by one of our other community members.

All new ideas will be posted to the Phuture forum: https://forum.phuture.finance/

Mary | Satoshi Club: Super! As i know ambassador programs are always popular 👍

Charles | Phuture: If you have an idea, join the Discord, start adding value and put a proposal together!

Mary | Satoshi Club: Satoshiclubbers, don’t miss your chance 🙂

Charles | Phuture: Our core community gets paid each month for adding value and helping grow the ecosystem. Why not join the Phuture? 🙂

Gold Rocket | Satoshi Club: The benefits are obvious 👍 Thanks for your answers😊 Ready to proceed to the next question?🚀

Oliver Mehr: Yes!

Q4 from Telegram User @orlemys:

Recently, in your medium article you talked about the reasons why investing passively outperforms active management, so, as a new investor myself, I was quite invested in the article, and found it to be very reasonable. So, please tell us, when will we be able to enter the indices? What will be the requirements to enter? For community-created ones, is there a ranking system? How will newbies be able to identify an index with high potential?

Oliver Mehr: It’s a great question. Ultimately, we will be spotlighting the best indices by a number of metrics that a new user will be able to choose when they visit our front end. So they will be able to see the top 6 by marketcap, 30 day performance, annual performance etc. This will help new users find a suitable index for their requirements.

Mary | Satoshi Club: All this features we will be able to see in Alpha Testnet?

Oliver Mehr: No, spotlighting features will not be available in the Alpha. That will come in later stages of our testnet.

Mary | Satoshi Club: We will wait patiently 🙂

Gold Rocket | Satoshi Club: This is a great feature in my opinion👏👏👏
Thanks for your answers, ready to proceed to the next question?

Mary | Satoshi Club: Yes, because as I see, I think it will help newbies 👍

Oliver Mehr: Exactly, Phuture provides access to diversified products which can provide people with an onramp into crypto.

Mary | Satoshi Club: It’s a place where everyone can begin to get acquainted with crypto🙂

Gold Rocket | Satoshi Club: Yep… It’s a reason😅

Charles | Phuture: Yes! Indicies play a core part in traditional markets. We feel it will replicate in crypto. This time, with Phuture’s permissionless architecture, the use cases for indices in a web 3 environment are limitless.
You could create the Satoshi Club index, which consists of projects that present on the AMA.

Gold Rocket | Satoshi Club: You are really in trend today!

Mary | Satoshi Club: This would be great 👍

Charles | Phuture: You could create an index with a basket of crypto sectors. The possible use cases are what excites me!

Gold Rocket | Satoshi Club: Great idea👍

Charles | Phuture: We have a big integration announcement coming out on Wednesday/Thursday that’s never been done before. Making sure to keep an eye out 🙂 If I say anyone, it will give it away.

Gold Rocket | Satoshi Club: Thanks for this.

Mary | Satoshi Club: Wow, can you give us a hint?😉

Charles | Phuture: Make sure to keep tuned in to our channels:
Telegram: https://t.me/phuture_group Discord: https://discord.gg/CyAJVM

Mary | Satoshi Club: Ahaha, sure! We will! And don’t forget to share this news with us🚀
Thank you for your answers! Ready to jump to the next question?🔥

Oliver Mehr: Yes!

Q5 from Telegram User @DK177:

I have to clear some doubts about your staking program. You have indicated that users can receive #ePHTR by staking #PHTR. On the other hand, it was mentioned that users receive their original #PHTR deposit with accrued rewards upon unstaking. Does it mean users can earn #ePHTR while staking and #PHTR rewards will be distributed when they unstake #PHTR? By the way, why did you introduce this dual token mode? Further, which token will be more profitable for a long term investor? Please explain whether we can buy both #PHTR and #ePHTR from CEX or DEX and hold them. If you don’t offer this feature right now, will it be introduced in the future?

Oliver Mehr:
There is only one way to get ePHTR right now. That is by staking PHTR!
Once you have staked PHTR and received ePHTR, your ePHTR will continuously earn rewards in PHTR. Once you unstake, you will given these accrued rewards.

The reason why we chose a two token model is to differentiate between casual holders and those who are really interested in participating in the protocol and being active.

Since ePHTR holders receive fees from the platform, it was important to provide a mechanism by which these fees can be distributed.

By staking we can distribute fees to these holders, reduces circulating supply of PHTR which reduces sell pressure and ensure that users who participate in governance are actively staked.

Gold Rocket | Satoshi Club: And my favorite question😁
Share your tokenomics please.

Oliver Mehr: We could have just allowed users to stake their token and not given them ePHTR in return. Then you have a claim on protocol fees without being to use it for anything and no one would stake. A 2 token model means I can stake my PHTR, earn fees, participate in governance and in addition, use it as collateral on a lending platform! Provide liquidity with it etc.

Gold Rocket | Satoshi Club: This is a unique invention to be honest. 👍

Oliver Mehr: This is strictly better.

Mary | Satoshi Club: Will ePHTR be traded one day?

Oliver Mehr: It can be traded if liquidity is provided to Uniswap.

Mary | Satoshi Club: Great! A lot of features!

Oliver Mehr: We have worked really hard on our token economics and have consolidated information here: https://docs.phuture.finance/protocol/tokenomics

Gold Rocket | Satoshi Club: Thanks for sharing😊

Mary | Satoshi Club: Oh, I will have good evening today, drink tea and read your tokenomics 😉
Thank you for your answers! Ready for the 6th and last question from this part?👏

Charles | Phuture: Let’s do it!

Q6 from Telegram User @Gutike95:

I read that Phuture incorporates the use of NFT tokens that will support the creation of the indices, but could you really tell us more about it? Could it be that to create the indexes, they will require that we create an NFT so that the value of it supports the created index?

Oliver Mehr: As the NFT infrastructure matures and we can get accurate pricing data on NFT’s, we will be able to incorporate it into our architecture. We have removed support initially for NFT’s until the infra is in place.
We are fully focused on fungible tokens for now.

Gold Rocket | Satoshi Club: Step by step👍

Mary | Satoshi Club: Thank you for your answers! Do you want to add something or we can go to the most exciting part of our AMA – live part🔥🔥🔥

Oliver Mehr: Please stake your tokens here: https://app.phuture.finance/staking

Mary | Satoshi Club: Satoshiclubbers 😉 great rewards are here🚀

Charles | Phuture: All I can say is, it will pay to be part of the liqudity mining program early 🙂

Mary | Satoshi Club: That’s true 🚀 Ready, guys?😉
Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @K2ice:

When is Testnet scheduled to be and what do we need to know ahead before then?

Charles | Phuture: Testnet Alpha will be live Thursday the 29th (this Thursday). Best thing to do is check out the Phuture docs – https://docs.phuture.finance/

Then join the community, bring your time, passion and drive and get paid for value add contributions: https://discord.gg/CyAJVMpJ

Q2 from Telegram user @Oneetwi:

Community and partnership is very important for the project development and to achieve goals. Can you enlight us about your partnership and will you have any ambassador programme for different countries to increase community in global level?

Charles | Phuture: We agree with your points. All I can say is we have lots of partnerships/integrations lined up to be announced. The first one will be live on Wednesday/Thursday.

Ambassador program details will be available soon. I would encourage you to join the Discord and add your thoughts on upcoming proposals/growth idea: https://discord.gg/CyAJVMpJ

Q3 from Telegram user @cryptofollower:

When you launch the Phuture, how many assets will you launch it with? Do you plan to add more assets with community decisions?

Oliver Mehr: We will launch 40 assets initially and look to roll out more with community approval.

Q4 from Telegram user @Guandog:

Could you indicate about the audits of Phuture? Are you working with one or more auditors? Do you have any results expected soon?

Charles | Phuture: QuantStamp CEO, Richard Ma is an investor in Phuture. Phuture will have all contracts audited by QuantStamp before the mainnet launch.

I would encourage you to join the Discord and add your thoughts on upcoming proposals/growth ideas: https://discord.gg/CyAJVMpJ

Q5 from Telegram user @rinnguyen:

How can users earn passive income on Phuture platform?

Oliver Mehr:

1. Stake PHTR and receive PHTR rewards.
2. Join our liquidity mining programme on the 2nd august 2021.

Q6 from Telegram user @Taitaned:

How much is the total supply of $PHTR tokens? And Can you share contract address of $PHTR token with investors? Does $PHTR Token support BEP-20 Address?

Charles | Phuture: 100m is the total supply. Current circulating is just over 3m.

Uniswap pair address: https://app.uniswap.org/#/add/v2/ETH/0xE1Fc4455f62a6E89476f1072530C20CF1A0622dA

Also available on Gate. Not currently supporting BSC, will do after launch.

Oliver Mehr: More to come when we got mainnet live. With each index earning passive yield on yearn.

Q7 from Telegram user @ethcypherpunk:

How do you plan to prevent PHTR from going into excessive inflation and never discouraging investors and selling, if not on the contrary always think in the long term?

Charles | Phuture: We aren’t aiming on minting new tokens nor forecast for the foreseeable Phuture. In fact, all fees generated on the platform are used to buy back PHTR. 15% of this PHTR is burnt and the remaining 85% is redistributed to ongoing initiatives such as ePHTR staking, liquidity mining, index incentives and solver rewards.

Check out our tokenomics for more details – https://docs.phuture.finance/protocol/tokenomics

I would encourage you to join the Discord and add your thoughts on upcoming proposals/growth ideas: https://discord.gg/CyAJVMpJ

Q8 from Telegram user @nguyenben:

A lot of people don’t know which investments are the right ones to choose, how will Phuture help them solve this problem?

Oliver Mehr: Phuture will solve this issue by providing the ability to track a sector or an industry. So, instead of having to pick a specific asset to purchase, you can purchase an index that tracks the top assets in DEFI or LENDING or EXCHANGES. Now you dont need to be right about the specific assets, but be right on the sector or the industry.

Q9 from Telegram user @ask2lance:

In your article it is stated that Phuture Index Creator Tool provides a list of curated sectors from which to choose assets from. What are the list of the curated sectors?To allow an Index to maintain exposure to a sector’s top assets based on a desired weighting methodology What tool will be used for that?Will Phuture add or automatically remove tokens from the index based on the curator current ranking?

Oliver Mehr: The sectors we will launch with are:

Exchange
Lending
Asset Management
Derivative

Out smart rebalancing algorithm will automatically rebalance assets on the platform and make adjustments when market cap weights change and when the top ranking assets within a sector change.

Q10 from Telegram user @Tahsinahmett:

What is the most important product or feature of PHUTURE that you believe and trust that will make it stand out from other projects?

Oliver Mehr: Permission-less index creation and smart rebalancing. We have built Phuture from its foundations to scale to support a large number of indices, this unlike any of our comps who currently dont allow permissionless index creation. In addition, our smart rebalancing algorithm looks to optimise rebalancing performance by maximising, where possible, volatility harvesting. We believe and will prove that our dynamic rebalancing system will lead to improved index returns.

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

Our partners:
Telegram Community – https://t.me/phuture_group
Medium – https://blog.phuture.finance/
WebSite – https://www.phuture.finance/
Twitter – https://twitter.com/phuturedao

We are pleased to announce our next AMA on August 4th 2021 at 03:00 PM UTC Time: Satoshi Club x YDragon

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YDragon Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. YDragon Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about YDragon

For more details:
YDragon Website – ydragon.io
YDragon Telegram – @ydragonchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Trava Finance Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Trava Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Trava Finance

For more details:
Trava Finance Website – trava.finance
Trava Finance Telegram – @trava_finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on August 8th 2021 at 03:00 PM UTC Time: Satoshi Club x 1Doge

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join 1Doge Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. 1Doge Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about 1Doge

For more details:
1Doge Website – 1doge.io
1Doge Telegram – @OneDogeGroup
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on July 29th 2021 at 03:00 PM UTC Time: Satoshi Club x Obortech

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Obortech Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Obortech Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Obortech

For more details:
Obortech Website – obortech.io
Obortech Telegram – @OBORTECH
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish