We are pleased to announce our next AMA on August 14th 2021 at 01:00 PM UTC Time: Satoshi Club x Merrymen
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Merrymen Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Merrymen Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Merrymen
For more details:
Merrymen Website – merrymen.io
Merrymen Telegram – @MerrymenDex
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
So, according what I read from your medium article, Merrymen, a brand new community focused decentralized exchange (DEX) on the Ethereum network. So if I understand your DEX services clearly, since it’s a Decentralized Exchange, it is going to function just like Uniswap right? If so, my question now is, what unique features will Merrymen bring into the DeFi DEX space to encourage more investors or users to be motivated to use your Swap DEX?
Also, another big challenge that most crypto users complaint about the Ethereum Network is their gas fee in terms of transactions. So what will Merrymen team do to minimize swap fees and make it more convenient for users who will be using your swap DEX on the Ethereum Network?
Merrymen will airdrop 20% of its total supply to those affected by the Robinhood GameStop fiasco – a Centralized Exchange. You’re making this incredible offer because you feel that what the Robinhood management did to its retail investors was disgusting, dishonest and highlights the fact that centralized exchanges can’t be trusted with their money and to incentivize and help traditional investors from the likes of the Robinhood exchange make the move across and understand decentralized finance. This is really a good airdrop offer to Rebinhood investors and I think they will really appreciate it.
My question is, is this 20% supply airdrop exclusively for ONLY Rebinhood invesrors who lost their money? If yes, how will you be able to determine those who were real investors of the Rebinhood Exchange that lost their money? Because anyone can claim he or she was also part of those that lost their money on that exchange
You’re offeeing 20% of your total supply as airdrop to Rebinhood investors who lostvtheir money.
Merrymen will ask all Robinhood investors wanting to receive the free airdrop of tokens to make sure to follow our Twitter account, Telegram official chat, and complete a Google Form. This will be a very simple process and the information required is:
1. Investors’ email address
2. Twitter handle
3. Telegram handle
4. MetaMask Wallet address
5. A written paragraph on how they were affected by the Robinhood GameStop fiasco, why they should be eligible for the free airdrop, and a screenshot of your Rebinhood account.
You mentioned Metamask wallet address. Does this mean a Rebinhood user who maybe didn’t use Metamask wallet cannot receive your airdrop? What if the person used Trust Wallet address on their Rebinhood account? Will such users not be eligible for your airdrop?
I read in your MEDIUM ARTICLE that you plan to give incentives to projects joining your DEX EXCHANGE. My question is this. Will the incentives be a one time incentive or will it continue as long as the project is active on the dex based on the trading volume.?
Can you convince us (SATOSHI COMMUNITY) why we should divorce our popular Dex like UNISWAP for MERRYMEN DEX?
You said that Merrymen is a brand new community focused DEX that will launch with a special offer for all Robinhood investors.My question is this. What are these offers and how can I benefit?
Merrymen,is a brand new DAO based DEX on the Ethereum network specially for the retail investors who lost money in the Gamestop Fiasco.Merrymen also gives many incentives for Retail investors including airdrop tokens for free to Robinhood investors who lost money in the GameStop fiasco and also will airdrop tokens for no charge to all the communities of projects that provide initial liquidity on their DEX platform.
Could you please tell more about,
Your project is now at initial stage,How do you manage funds for so many airdrops?
How can retail investors be eligible for this airdrop ?Is there a limited time duration for this airdrop? Is it only for investors who lost money from Gamestop Fiasco ?what are the benefits you provide for all retail investors in common with Merrymen ?
As Merrymen ia a brand new community-focused decentralized exchange (DEX) on the Ethereum network is a truly decentralized DEX . It is very exciting to know that merrymen is incentivize projects joining its DEX. Can you talk about the conditions required for project in order for a community to receive an airdrop of tokens.How many Merrymen tokens have been set aside to reward the project’s investors ?
As centralized exchanges have full control over their funds while they are interacting with their platform and there are also example of accounts frozen such as the GameStop fiasco on Robinhood .Is Merrymen DEX wants to combine some unique features offered by modern exchanges such as the likes of Coinbase, Binance so that Combining the best of both worlds, the Merrymen Dex, will be a must use exchange for the savvy investor ?
SECURITY is so important with every project and platform. How does MARS ECOSYSTEM keep users’ assets and personal data safe from hackers? How does MARS ECOSYSTEM manage if there is an attack to your platform?
Could you share with us some biggest AMBITIONS in 2021? Does MARS ECOSYSTEM have a long-distance plan to achieve these ambitions?
Revenue is an important subject for all platforms to survive and run the project/company. What is the way to generate revenue this platform? What is the income model?
You will airdrop 20% of your supply to those affected by Robinhood GameStop fiasco, which makes up for 100 million worth of tokens for free. Robinhood management were at fault for these distrust among retail investors. What measures will be taken to avoid future reoccurrence? What has also been done to restore and build trust of both existing and upcoming retail investors.
You allocated 20% of your token to be airdropped to robinhood investors. Frequently, you always pay reference to the Robinhood in most of your writeups. You also have similar logo as Robinhood’s. We know Robinhood, a Cex stock trading platform has stopped trading on its app since January. Is there any relationship or connection between Robinhood and Merrymen? Why is the community airdrop going to only the Robinhood investors? You can agree that the success of a project depends on trust and transparency. Your team is anonymous, how can we be sure that the team are not a fraction from the Robinhood team?
You mentioned that you will also be reaching out to 2,000 projects in the month of August and early September to see how many projects value their community and wish to reward them with this generous token airdrop. Are those 2,000 projects already selected? How will you choose those projects? Have you previously been in contact with some of those 2,000 projects? If by the beginning of September you have not yet reached 2,000 projects, what would you do? Would you work with the projects reached or would you keep waiting until you reach 2,000?
Greetings to begin, what is Merrymen? It is true that it is a project that tries to create a solid community of projects that provide Liquidity.? We know that projects start with a lot of desire to grow, but in the middle of the way they give up because they don’t see the performance? How would Merrymen not be equal to those projects? What is the difference between Merrymen and other projects? What would the relationship and importance of the user community be like and how would your project grow and develop together with the community to help it grow?
Hello Merrymen, my question is how much would be the total percentage of minted tokens? And how would these percentages be distributed, how much will the investment community receive through its IDO? and the project communities that provide liquidity in the exchange? What would be the percentage added to Robinhood investors who lost money through the GameStop fiasco? Explain these points to us, to better understand these three assignments. Thanks
Hello Merrymen, what is the amount of tokens reserved to reward the investors of the project? And what would be the percentage that the project communities receive and from what fund will they receive that percentage, will it be based on the total amount of liquidity provided by all the projects? Tell us about this project strategy.
The Merrymen team has decided to airdrop free tokens to Robinhood investors. How many investors can receive this airdrop? What conditions must they meet to receive it? Are there exclusion criteria for these users? How will users’ eligibility for aidrop be determined? How should users prove they were affected by the Robinhood GameStop fiasco?
Hello Merrymen
I noticed that Merrymen Telegram group has just 876 members, apart from using airdrops to attract more people What Marketing Strategies have you put in place to reach more investors?Do you also have plan to run an affiliate marketing programs or leverage influencers to spotlight your project?
Merrymen, a new DAO-based DEX is being launched on the Ethereum network to demonstrate how important decentralized finance and decentralized exchanges are to the retail investor after the Robinhood GameStop fiasco. Can you explain why decentralized finance is so important to retail investors? Why invest in Merrymen? all this after the events with Robinhood
Merrymen will never stop any investor’s trading, will never be under the control of a centralized organization like DTCC or NSCC, and will never cite ‘market volatility’ to close their accounts. As the cryptocurrency market is known, it is very volatile, does Merrymen have the ability to protect the value of its investors’ investments in the face of a market surge? What tools do you have?
Merrymen wants to bring decentralized finance (DeFi) to traditional investors to help them better understand how they can easily control their own finances. What is Merrymen doing to convince these classic investors to invest in a DEX platform Merrymen? How are you attracting new investors from centralized finance? Why invest in Merrymen’s DEX?
As Merrymen has been prepared to provide confidence and security to its community and not be branded as dishonest, legally and financially as they are supported, what time do they estimate it will take for retail investors to become seed investors in a real decentralized exchange, which is the minimum investment that must be made per project?
Your project is aimed at Robinhood investors exclusively or is just a reference point, we can other people outside of that project participate in the airdrop to also be initial investors in a crypto project that has the potential to grow considerably in value, in his website says: Robinhood broke the bed, so the Merrymen gang has taken over! “Why have you been so motivated to help those affected by this project, what is your long-term vision through DeFi?
Traditional finances are becoming more complicated and lead to many dishonest acts, do you consider that DEX will manage to become the center of finance worldwide, which you believe is the simplest way but that transmits security and confidence to attract those people who Are you afraid of venturing into this form of finance, what is the mistake that has caused the migration from Cex to DEX, and what is your priority at this time to be on the road to success in the future?
Hello Merrymen
I notice that your website is empty for now,it only have links to your Medium article, Twitter, Telegram etc.No information about your roadmap,your teams,or whitepaper to read more about your project.When will your whitepaper be ready so that potential investors can get detailed information about your project?Can you tell us about your team members,how many are they and what roles they play to make Merrymen project going for the benefits of investors?And what section of your project are you currently working on,can you share your roadmap with us?
I am particularly interested in knowing the story behind the airdrop that Merrymen will be carrying out to Robinhood GameStop investors, what motivations lead them to allocate 20% of your total supply to these people? And how does Merrymen intend to change the situation by making things different and better for them?
I wanted to enter to your website for researching and noted that google warned us that the website “is not secure”, however I could also realize that it is not fully developed, you can tell us at what stage you will put more interest in the development of your website? And how do you plan to verify it and make it safe for everyone?
Who can be investors in Merrymen, individuals individually or small companies that plan to execute a specific project?
How is the type of help that Merrymen can give its investors, loans, financing, advice in the crypto market in DEX, connections with partners, what specifically do you offer?
Partnerships and Security are key for any sort of project to succeed.Partnership make your project to grow stronger and sucessful while Security earns the trust of investors. I couldn’t find the partners you have made in Merrymen neither your security audit,Can you share with us some crypto project your platform will be working with?And for security,have you carried out any Smart Contract Audit with trusted security firms like Certik etc to gain trust from present and potential investors?
Merrymen will airdrop 20% of its total supply to those affected by the Robinhood GameStop fiasco. Honestly, I have not heard of any other project that does something like this. I understand that Robinhood investors interested in receiving the free airdrop of tokens must follow a few steps, including filling out a Google Form with the required information. You mentioned that Merrymen will review all the submissions and will announce who will receive the airdrop tokens on their social channels. How will you guarantee that the selected users were really honest with the information? When will the Google Form be released? When will the selected users be announced?
Merrymen says in its medium article, “Say No to Unsafe CEX, Say Yes to Safe DEX”. However, many CEXs claims that DEX is actually unsafe. They first say if users lose their passwords the funds are gone but CEX can recover the passwords for them. The other safety issue they say, during a hack attack, CEXs mostly recover the loss of the funds tot he users but if a hacker attack and steal funds in DEXs, nobody will recover it. Can you explain please how much true are they? When you consider these, how safe is DEX actually?
A project website represents a fundamental resource for sharing information about the project, its mission, vision, sharing information about the team behind the project, an established roadmap, and a whitepaper. With these resources we can learn more about the project. I noticed that your website does not have that information. It is easier to reach new users when you are transparent with the information, and it is better when users can get all the relevant information in one place. Have you considered updating the Merrymen website soon and adding all that useful information that users are looking for?
One of Merrymen’s purposes is to offer Robinhood users 20% of its total supply. What Marketing strategies will you implement in order to reach all those users who were affected by the Robinhood GameStop fiasco? AMAS are a good way to promote the project, so new users can learn about Merrymen and spread the word to users who were affected by what happened in Robinhood. What other activities will you do to spread the word about Merrymen? Have you thought about working with influencers?
Regarding the airdrop that Merrymen will offer to users affected by the Robinhood GameStop fiasco. How long will the distribution of that airdrop take? Once users receive the tokens, will they be able to withdraw them immediately? Or will those received tokens remain locked for days, weeks, or even months? Can you share information regarding this? Is there a limitation on the amount of tokens that can be withdrawn by users daily? Can users withdraw all tokens in a single transaction?
I read that 20% of MerryMen tokens will be airdropped to Robinhood investors. What is the reason you’ve decided to give away such a large quantity of tokens? Are there any requirements that would ensure the people receiving these airdrops will use your platform? If not, what would be the purpose of losing 20% of your tokens, with no clear plan?
Merrymen is a community-focused decentralized exchange (DEX) on the Ethereum network. However, aside from a few articles on your Medium, I could not find more specific info on your project, like a whitepaper, or a detailed website. As we know, informing and reassuring future users about the safety, the real case uses, and plans of your platform is the only way to attract real investors, and build a loyal community, so please let us know when you will be releasing more info about the technicalities of your platform, and also let us know about the uniqueness of Merrymen, especially since we see so many DEX focused projects around lately.
Merrymen will airdrop 20% of its total supply to those affected by the Robinhood GameStop fiasco. Merrymen are making this incredible offer because it feels that what the Robinhood management did to its retail investors was dishonest and highlights the fact that centralized exchanges can’t be trusted. Merrymen wants to bring decentralized finance (DeFi) to traditional investors to help them gain a better understanding of how they can easily be the ones in control of their own finances. How can RobinHood affected users contact Merrymen and prove they qualify for the airdrop, and how will it be distributed? Will the amount of tokens be equally distributed among those Robinhood users?
There is a free airdrop of Merrymen tokens for projects so they can distribute the tokens among their communities. I hadn’t seen this marketing strategy before, what is the main goal of the team with it? What kind of projects qualify for this airdrop, and how can one be postulated? Who decides which projects receive the airdrop and which ones don’t, and is the amount of tokens airdropped the same for each project?
The Merrymen DEX wants to combine the fantastic user experience offered by modern exchanges such as the likes of Coinbase, Binance and traditional exchanges like Robinhood, with all the security and transparency that a decentralized exchange can offer. So,how will Merrymen DEX will provide a comprehensive transparency and enough security that an Exchange can offer to users? As you aim to offer a fantastic user experience just like Coinbase, Binance and Robinhood offer to users,so how will Merrymen let users experience it in your own way? As you compare your platform to the bigger and popular platform in the market,are you not pressure to be like them in any way? As we know those platforms has a large number of users already and Merrymen is still starting,so in terms of marketing strategy how do you plan to attract more users and investors in Merrymen? Thank you
While researching your project I found very little information about how you plan to make it safe. Can you tell us if your project has been audited? In addition, the smart contract is not everything, what security mechanisms will be used in-platform? Will they use a key identifier or encrypted mechanism?
I have seen content of Merrymen promoting how insecure are the centralized exchanges (CEX) as well as Robinhood, Coinbase and Binance claiming that they have full control of the funds while they are interacting with their platforms, however, the DEX like Merrymen many times do not offer all the advantages of using a CEX, such as P2P payment methods and connection with the Fiat world. Can you tell us if Merrymen will add similar features to definitely take down centralized exchanges?
On careful research from available blog publications, I noticed Merrymen has set a target of early Q4 2021 as it’s projected launch date, and as such Merrymen has been in constant communication with a number of DeFi Launchpads for the process of it’s IDO. With the buzz and anticipation building around the impending launch of your project, what would be the possible format for this eagerly anticipated IDO, will there be a private sale period, how much of the Merrymen tokens would be made available to the public, and with possible DeFi Launchpad considerations, what sort of partnership and collaborations should the community expect in the future?
Even with providing a brand new community focused decentralized DEX, the Merrymen team would really have their work cut-out in order to drive adoption and increase an affinity for your DEX by investors and projects alike. With a robust and ever changing DeFi environment, coupled with stiff competitions from likes of Uniswap and Pancakeswap, how will Merrymen critically address it’s marketing and promotional drives, what are your short and long term product strategies, how would the community be involved in the development process and asides the obvious token airdrops, how will Merrymen create products that are both essential and help incentivize investors on your DEX?
Merrymen wants to give as many retail investors as possible the opportunity to become seed investors in a real decentralized exchange. So,can you tell us how to be a retail investor in Merrymen? What guts, courage and requirements it takes to be a retail investors in your platform? Can anyone become a retail investors in your platform?What are the benefits and advantages if a retail investors will become a seed investors in Merrymen especially to early seed investors? Thank you
You are also working with Defi Launchpads to open the IDO platform,
When are you planning to launch it?
What’s the Progress On this?
I was Reading through Merrymen’s Medium where Top Centralized Exchanges have been Criticised Regularly, I think CEX & DEX both are equally Imporatnt for the Crypto Community because both of them have its own Benefits,
How Will Merrymen Platform try to Give Both the benfits on its Dex Platoform?
To Receive airdrop of tokens, Any project have to provide minimum of 20000$ of Liquidity, Why is that so??
What if Any project wants to provide $10000 liquidity?
Will they not share the airdrop pool?
Merrymen’s Motive is to help Bridge Traditional Investors across to the Defi world, But How easy will it be for Traditional investors to use the Platform?
How will Merrymen Ensure that?
Why is Merrymen Platform Giving opportunity for only those who were affected by Robinhood # Gamestop Fiasco?
I mean,
Why specifically to them only?
Why not other who have been affected by many other Platform?
I think You guys were also affected by the Robinhood Gamestop Fiasco. . Just Joking. .
As we all know how CEX can be riskier, then also so much users uses Cex Exchnages
Why?
Why do you think users are still using Centralized Exchnage ?
What problme they see in Dex Platforms?
On your website I read “Robinhood shat the bed, so the band of Merrymen has taken over!” What is the meaning of this phrase for the Merrymen community and what does it mean? Why did you decide to use your site only for links to social networks and instant messengers? Where can we fully study information about the project and everyone its capabilities?
Your project plan operates in an open and transparent manner, which is great, but how will the community participate in the project to make the best decisions to strengthen the ecosystem???
When creators want to start a project, what kind of documentation do they need to provide? After the platform goes live, can crowdfunding from any country really be possible? Will there be some restrictions?
What is the income system of Litty Capital? How do you generate revenue/profits? Many projects like to talk about long-term vision and mission, but what are your short-term goals? What is your focus now?
LitiCapital brings the litigation asset class to everyone through blockchain technology. Can you tell us what the security mechanism of LitiCapital is? Are you reviewing your smart contract by yourself or with other security agencies? Is it public? If so, can you give me a link??
A strong community can not only bring interesting ideas to the project, but also attract larger partners. So how does #LitiCapital plan to build its community? Are there any plans to recruit people with blockchain experience to join the #LitiCapital team???
What are the requirements for becoming a member of your community? You said it requires the least investment? Is there a specific investment price range? In addition , is the investment portfolio public? Can newbies copy the portfolio of successful investors???
Merrymen initially developed on Ethereum network as a DEX. Why did you select Ethereum network with high gas fees though many reliable & cheapest networks are existed in crypto space presently? But the problem is there are lot of DEXs, available on Ethereum network today such as UNISWAP, Balancer etc. So it is very tough to gain more hype within Ethereum DEXs ecosystem. How will you collide with these mega Ethereum DEXs? Which kind of expertise services, do you intend to offer through Merrymen Dex that other DEXs doesn’t provide currently?
I heard, you hope to launch Merrymen in early Q4 & you are up to hold it’s IDO event in DeFi Launchpad soon. Can share with us the progress about your upcoming IDO event? Which Ethereum Launchpad will you target to launch Your IDO in order to reach maximum capacity of Merrymen platform?
Talking about $Merrymen Tokenomics, 30%- Raise on public, 30%- team,operation, marketing, reward, 20%- providing initial liquidity & 20%- Airdrop are allocated from total supply of 500 million $£Merrymen Tokens. Why did you allocate 20% for airdrops? Because that is a huge amount & it can be leads to exceptional inflation. And also how will you control the inflation rate on $Merrymen Token & mitigate the price volatility of $Merrymen after you launch Your IDO? How about the transaction fees? Do you intend to minimize the fees for better user Experience?
I read that the Merrymen will airdrop 20% of its total supply to those affected by the Robinhood GameStop fiasco. Could you tell us what the Robinhood GameStop is, what happened, why you are supporting Robinhood’s investors, and what is the essence of the airdrop itself?
There are lot of DEX platforms and each platform having a unique specification for there users so what are the specifications that you are offering to the Merrymen platform users? And Decentralized Exchanges Are Growing, But There Still Are Significant Risks so what are the features that you provided for mitigating the risk?
Merrymen announces its tokenomics and its uniqueness. What is the uniqueness of the Merrymen tokenomics, how does it differ and what is the advantage over other projects? Can you tell and show us all the points of tokenomics and their benefits to the community?
Most people are looking for a DEX platform with minimum fee and high secure platform. so Why did you power the Merrymen on the Ethereum network?
What are the launchpads that you are currently working? How do you choose and what are the things that you seek for choosing the first 20 listed projects on Merrymen DEX? And what are the approved dapps that you use for liquidity locking?
Can you tell me what is LitiCapital’s security mechanism? How is your status with regards to smart contract audits?
How do you plan to attract users and motivate them in the early stages of implementation?
You mentioned that the $LITI token functions as a cryptocurrency hybrid. Can you explain the benefits and components of a cryptocurrency hybrid?
What do you think is the main market in the world at present? What is your global expansion plan? Can you tell us why you want to combine existing financial markets with blockchain technology? What aspects of the current traditional financial market do you hope to change?
Your initiative to give a token to GameStop retail investors is interesting, however, beyond launching a DEX, what actions are you taking in order to achieve a freer market without controls? Do you think this movement to give away token points in that direction and nurtures the market?
I think the reason for the dominance of the CEX is clear, without slippage, they are easy to use, and with less commissions. Is it possible for Merrymen to develop a DEX with CEX experience? if possible, success is almost guaranteed
There is a free airdrop of Merrymen tokens for projects so they can distribute the tokens among their communities. I hadn’t seen this marketing strategy before, what is the main goal of the team with it? What kind of projects qualify for this airdrop, and how can one be postulated? Who decides which projects receive the airdrop and which ones don’t, and is the amount of tokens airdropped the same for each project?