We are pleased to announce our next AMA on September 1st 2021 at 01:00 PM UTC Time: Satoshi Club x The Recharge
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join The Recharge Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. The Recharge Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about The Recharge
For more details:
The Recharge Website – therecharge.io
The Recharge Telegram – @therecharge_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Its always Great to see Project aiming for a reducing carbon Emissions,
As You have installed “PiggyCell ( a power bank sharing platform) in more 30 thousand branches across South korea, Currenly How many users are using this service?
I am eager to know that Why did you decided to start this services in South Korea & Don’t you think that this service will not be successful in many Developing Countries & thus limit the users of the platform?
Also Currently there are limited service options for PiggyCell, When can we see more utilities of PiggyCell?
There are many Blockchain Projects that wants to bring Change in the society through it platform, They launch various products & Services regarding this but most of them fails to spread an awareness that Why there is a need of this project? What change it can bring?
What’s Your thought?
Also Projects should start an awareness Program regarding usefulness of Electric Powerws Service & Collaborate with many Local authorities
What’s Your approach on this?
How are you planning to attarct more users to the platform?
Project team has a big role in building up a project to its maximum capacity. So can you please tell us more about your team and their experiences ?????
How do you plan to spread awareness about your project in different countries where English is not good? Do you plan to develop many different communities such as Vietnam, Indonesia, Korea, … about your project so that they can easily communicate and understand your project?
It caught my attention that there is something on The Recharge called “The Frequent Use Points” which is said to play an important role in the ecosystem, can you tell us more about it? What function does this Frequent Use Points fulfill within The Recharge’s ecosystem and why are they so important? How do they exactly work? What kind of advantages does this Frequent Use Points provide to your platform that other kind of technology wouldn’t have been able to provide to you? Also, how can users benefit from the implementation of this Frequent Use Points?
I read that on The Recharge there is a process called “Carbon Redemption (CRE) Recharge Token”, can you give us more details about this? I saw that it is meant to be some Automated Token Burn of Recharge Token which has as a result discounted points, but how does this process really happen? Why did you decided to make it an automated process instead of a manual token burn of the Recharge token? What are the benefits for your platform and your investors to have it as an automated process? How often will this Carbon Redemption happen; will it have a pre-determined schedule for it’s burn? How much of Recharge discounted points will it be acumulated on this process and where will it be stored? Also, on what will this % of Recharge discounted points be used for?
I saw that Recharge’s first product; Charging Station will be launching today, September 1st. Can you give us more details about this DeFi Station? Also, I saw that Charging Station will offer four different types of farming options to investors, can you tell us more about them and to what target audience is each one of this options design for? What kind of investors will be more suitable to which one of this farming options? What will be the difference between each one of this farming options? How much APY will it be offered on each one of them?
Recharge ecosystem encourages re use of energy for long term sustainable ecosystem that brings positive effect on environment and blockchain world.Your first eco system partner which is plugged in to recharge ecosystem is piggycell which mainly based in south korea..so I like to know more about this partnership ?How will this partnership help to achieve recharge’s mission , environmental friendly economy ?and also
How will this partnership beneficial for the recharge eco system ?what are the factors you consider to plug any partner to the recharge ecosystem ?How will those partnerships bring win win situation?
Thank you..
In your whitepaper it is mentioned that Recharge tokens are converted into points such as Carbon redemption points,Frequent used points , through the services connected to the ecosystem and those points can be used to enjoy other services..
So could you give us clear idea about this ?what are those points and How do they work within Recharge ecosystem ?why do you introduce such a model ?can these points again convert to recharge tokens ?what are the services you mentioned here which can be enjoyed by using those points ?
Thank you
Hello RCG
Recharge Token has been issued on these three mainnets,Ethereum (ERC-20),BSC (BEP-20)and Huobi Ecosystem(HRC-20)My question is,What are your reason for issuing on these 3 nets?Since the total issuance of RCG tokens is 1 billion,can you tell us the volume distribution between ERC, HRC, and BSC mainnets?Lastly,if the the amount that is set aside to each mainnet changes naturally depending on the situation,who gets to control that change? Thanks
It seems you have targeted two language communities, English and Korean. Two months before, you have also scheduled a Huobi Token distribution to the Korean community. No clarification is required about maintaining a English language community because it is widely used across the globe. However, what is the reason behind giving priority to the Korean language community? In the future, do you have plans to build up more local groups? If we have a local group that is willing to join you, can we submit a proposal? If yes, what is the procedure?
According to your CertiK audit report, there were 12 issues. There was one medium finding and it has been resolved. However, 2 issues has been resolved out of 3 minor findings and 7 issues has been resolved out of 8 info findings. Two issues related to the coding style and the gas optimization are yet to be resolved. When do you pay attention to these issues? Do you have proper plans to solve them? Or do you neglect them because The Recharge can be considered as “overall safe”. In addition to this audit, do you conduct frequent audits to identify this kind of issues?
Introducing your team members, you have mentioned about only two people, a chief technical officer and a chief marketing officer. I don’t think that these two officers can handle the whole project. Please explain more about your team. What are their qualifications and experience? Why should we rely on them? Do you reveal their profiles to the community in the future? Why have you decided to display the information of only two officers?
There is something that made me very curious while reading your website. It is the “frequent use point”, which is designed to reward regular users on the Recharge ecosystem. How will this mechanism work? How is the regularity of each user evaluated and determined? On what will this mechanism be based to calculate regularity? What are the use cases for those points? Can we convert those points obtained into RECHARGE tokens? How many points would equal 1 RECHARGE token?
The Recharge token has a total supply of 1,000,000,000 RCG, I was reading the distribution of the RCG token and I have a question about something. I noticed that 25% of the RCG token will be distributed to exchanges, where 10% will be distributed to decentralized exchanges, and 15% to centralized exchanges. Why is there a higher percentage going to centralized exchanges? Is there a specific and strategic reason for this decision?
Hello RCG,
The Recharge is decentralized Incentive Hub for Electric Power Based Ecosystem you aim to provide a long-term sustainable eco-system that helps accelerate electric powered services to reduce carbon emissions.EVs running only on electricity have Zero tailpipe emissions,but I am curious to ask,Where will your electrical power source come from to reduce carbon emissions?Building such an ecosystem that help accelerate electric powered services to reduce carbon emissions won’t be easy,What challenges did you face to achieve this and how was it solve? And how will you calculate electrical load from EV Charging since you plan to implement EV Charging Complex on the Q3 2021 of your Roadmap? Thanks
Hello RCG
In your “Charging Station”,one of the features that caught my attention is the Liquidity Contribution.Will the liquidity contributions be done with $RCG or users will get to use other tokens like ERC-20 or BEP-20 etc?Can you state what percentage of tokens will each users contribute?Lastly,what will this contributions be use for? Thanks
One of the not too talked about feature of your platform is an “Incentive Hub”. Which is said to be place where burned tokens from the total supply are gathered…How does this idea of “incentive hub” work, apart from gathering tokens what are the other significance or importance of the Incentive Hub, and what will the tokens being gathered in this Hub be used for
It is stated that the basis of the Recharge Token’s ecosystem is initially being built around Piggy Cell’s service platform, which is maintained through both automatic and manual circulation of the Frequent Use Points depending on function, purpose, and use, and Subsequently, EV Charging Complex and other charging related services will be added…… so how was the initial phase of recharge with just piggy Cell’s service platform working. Can you explain what the EV charging complex is all about, how will it work, and what is complex about this …
One of the unique and interesting features being implemented in “Recharge”, is the “Charging Station”, it is stated that this will be a De-Fi centre where users can stake and get rewards. The Charging Station offers four different types of staking pools, which are Flexible, Locked, LP Flexible, LP locked. First of all, how will this charging station work, what is it all about? How does all the staking pools on your platform work, what is the difference or similarity between each of these Staking pools, and how do users get to participate in each of these different staking pools
Greetings The Recharge, what is the mission and the main objective of your project, I understand that you are seeking to provide a sustainable ecosystem that helps accelerate electricity services, but would this be in the short term or long term? What you call charging station is designed for? Explain these points to better understand the project.
The Recharge, will have an ecosystem built through the Recharge Token, but how would it work, what would be the main Purpose of the recharge token? Can the ecosystem be expanded to any electrical service, and how would its functionality be? tell us about these points.
recharge tokens is a governance token? What rights do I receive as a token holder and in which parts of the project can I participate or give opinions? I can have a vote in future decision-making in the project, how important the community is to your project and how we can collaborate to publicize the project.
The Recharge aims to provide an eco-system that helps accelerate electric-powered services to reduce carbon emissions. However, could you specify how this would be possible? Electric Power does not equal energy, in fact, electricity generation also produces huge amounts of emissions. So will the energy that powers your services come from actual sustainable energy, or not? Could you elaborate on this?
Around the world, several goals to reduce the emission of carbon dioxide have been set by organizations, but sadly almost none have been accomplished. Has Recharge set a goal of the impact it aim to have in diminishing the emission of carbon dioxide, in an interval of time?
Recharge mission is to help accelerate the implementation of electric powered services to reduce carbon emissions, so as an individual how can I use more renewable energy by being a user of Recharge? And in the case of an enterprise, what would be the action and of Recharge to increase the use of electric services? Is it designed to allow individual users to use more renewable energy or it’s aim is only to big corporations?
You mention that the Recharge team plans to integrate more ecosystem partners to help drive its virtuous circulation with an extremely tight token supply so as not to harm its constructive expansion. Could you give us more details on the partnerships you have achieved so far or what are the prospective projects you would like to partner with? And how will this “tight” token supply work?
In your docs mention that Recharge token is a native token in the ecosystem centered on 100 percent’s electric based services, so could you explain this part? Is The Recharge project collecting data from the electricity consumption in certain jurisdictions?
Apparently, through The Recharge Token when a transaction occurs you can accumulate something called “carbon redemption points” that can be used to buy “carbon credits”, could you explain what each one consists of, the usefulness in your ecosystem and especially what benefits do these credits offer? Do they have an expiration date?
Among the purposes of the Recharge Token Purpose is to encourage the use of electric based services to lessen carbon emission. What are your strategies to achieve this? In what ways are you going to encourage people? Will you organize meetings or events to educate people? Will you write educational guides on the consequences of carbon emissions and how to reduce them?
One of the ways to increase the value of the tokens, is to implement various forms of token burning, since this will create more crime, right? So why does Recharge seek to eliminate all kinds of token burns? Could it be that there are negative aspects to permanently deleting tokens?
Could you tell us a little about the Integration of the Point to Token system that you plan to carry out for Q4? How useful will it be in its ecosystem and what impact do you think it will have on investors and users?
I understand that Loading Station will simply be a product where stakes can be made, but will these have any characteristics that differentiate it from the stakes of other projects? or will it be the same mechanisms only with another name?
Could you really explain to us what will be the usefulness of your tokens in your ecosystem? Will this be necessary to be able to carry out each of the operations and enjoy your products? If so, where will it be traded?
I could see that they plan for the Q2 2022 opening of the electric vehicle charging complex, but are they really real “vehicles”? If so, don’t they need partnerships with large manufacturing companies? or are they looking to develop their own brand?
Why call your project “The recharge”? What is really recharging your project? Will it be increasing the performance capacity that has been lost in time in DeFi projects? but what?
I understand that one of the goals of Recharge is to provide a simple and easy exchange experience for the recharge token, but to provide this “easy exchange” really what features and solutions should your swap contain? Besides this, they will not have any problem with liquidity?
You say that you will seek to “provide the highest return on locked options and LPs”, but how will you really guarantee that you will have the best APYs in the market on each network?
Hello The Recharge team! The Frequent Use Points play an important role in configuring, maintaining, and activating the Recharge Token ecosystem. How can we accumulate those points? What are the ways to obtain them? I have read that they can be exchanged for the Recharge token … how many points must we accumulate to be able to make this conversion? Is there a fee to pay for this transaction? Thank you!
Hello The Recharge team! I read that Recharge Token holders are granted voting rights proportional to their token holdings and can participate in the decision-making process. I have seen that other projects prefer that the voting power is not proportional to the amount of tokens of the user because it causes the whales to manipulate the ecosystem, and can affect users with lower amounts of tokens. What do you think about this? Can you share your opinion from your own perspective and experience? Thank you!
I was reading the curriculum of your team and I could see that your CEO is the founder of Panda Korea and 100 Percent, apart from many other incredible achievements, could you tell us if you plan to incorporate these foundations into The Recharge ecosystem and how 100 Percent will be linked especially in the growth and valuation of your ecosystem?
It caught my attention that in relation to your ecosystem we see an enormous amount of tokens total circulating supply in ERC-20 and the total circulating supply in HRC20 is negative, specifically -3733,623 RCG while that of BEP20 is zero. Could you explain why? How is it possible to have a negative total circulating supply? And when will the Binance Smart Chain be available?
Going through your roadmap, The Recharge has slated; Charging station (DeFi) launch and Initial liquidity offering on DEX as major events planned for Q3 (which ends in September) 2021. True to this schedule, The Recharge just recently announced it’s RCG DEX listings that would take place today; September 1st at approximately 2pm UTC, on Uniswap V2. Can you graciously elaborate on this providing full details of the Pool offerings and how to participate? Also with reference to your charging station launch as also planned, can you give us an update on this, how has development on this product been?
On RECHARGE ECOSYSTEM – your recharge is an electric powered ecosystem using blockchain technology to provide a decentralized incentive solution to ecosystem partners. The Piggycell and EV charging complex is housing your ecosystem. What is the total energy consumption fee or gas fee payable upon any transaction within your ecosystem? How ECO-FRIENDLY is your recharge electric power blockchain technology, and are they any advantage Piggycell has in the charging station?
Another major platform feature as provided by The Recharge is the “Recharge Swap”. As stated, this platform enables the Frequent Use Points to be swapped with RCG tokens. As users take advantage of this unique operation, can you briefly state how the Recharge Swap performs this function, also most swapping operations incure certain fees, so what are the associated fees with this operation? Finally, since The RCG token is built on 3 chains of ERC-20, BEP-20 and HRC-20, will the Recharge Swap function support cross chain bridging between these chains?
On your WHITE PAPER 2-2 on Service Payment, you did said it’s an integrated ecosystem partner services open to Recharge Token holder once connected. Recharge Tokens are converted into points through the services connected to the ecosystem and those points can be used to enjoy other services. Could you tell me how to become a Recharge Token holder, how do I get connected, what are those other services which I could enjoy with my Recharge Tokens converted to points?
While reviewing your project, one feature caught my eye. It is integrated into three different networks such as RCG, BSC, Etherium and HECO. What problems did you want to solve by integrating RCG into three different main networks, did you choose such a way to overcome each other’s shortcomings among the three? If there is more demand in the future, do you have an idea to work with more networks?
Recharge Tokens can be converted into points through the services connected to the ecosystem and those points can be used to enjoy other services. We actually know cryptocurrency is slightly not supported in some countries, How will you convince some centralized services in those countries in order for users to enjoy them? Or If you have another term for these services, can you share them with us and how we can enjoy them?
Talking about carbon redemption CRE, 10% of the Recharge accumulated in Incentive Hub will be used to purchase carbon credits, and the remaining 90% of the tokens are used as incentives for ecosystem building such as staking reward. It was informed that the ratio of each distribution can change through Recharge Governance on Snapshot.org. Going through the site (Snapshot.org), I couldn’t find recharge governance on any of the site tag like Spaces, Networks, Strategies, Plugins and skins, Till when will you be listed on there? Why is that snapshot.org will determine the distribution ratio, what is the impact it has in your project?
Nowadays users focus on long-term planning of projects and early profit returns, my question is what can RCG offer its users in the short term? What is the structure of the RCG ecosystem, how was it built? How does RCG aim to have its users withdraw their investment early, that is, keep it in a stable supply without falling?
How green is the RCG platform? In addition to the global problems experienced, we know how much energy bitcoin mining consumes and that miners can no longer find enough resources. Does RCG have a plan for miners? What is RCG doing for clean energy?
Communities can bring interesting ideas and great partnerships in projects that are open to development today and in the future. What does community mean for The Recharge platform? Is your project a local or a global project? Can you tell us about the partnerships you will establish in the current and future periods?
Is there a region you focus on in your project? Are you going to be a one-way project or are you aiming to be a multi-faceted and diverse community project? Do you have any plans to attract non-crypto people to your project?
You explained the origin of recharge ecosystem by initially built around piggy cell platform. What is the impact of piggy cell platform or what has it contributed to your project? I found no certain info about the platform on internet, How has it create solid foundation for your project? How will it be maintained through both automatic and manual circulation of the Frequent Use Points depending on function, purpose, and use? And till when will EV Charging Complex and other charging related services will be added?
You give chance to all personal wallets holding Recharge Tokens to participate in voting by voting for or against the governance measure. However, Holders participating in the governance voting will receive Recharge Tokens as incentives in accordance with the results of their votes. What will be considered to receive higher tokens, are you going to consider the higher voting or equal tokens will be distributed to holders? I heard your wallet is coming soon, what type of exchange is it going to be held in, CEX or DEX?
We can convert recharge tokens to point to enjoy some services Integrated ecosystem has made partnership with. I want to know some of these services you are talking about? Is it possible to involve some government owned services? Is it possible for users to use the converted point to enjoy some services not even related with cryptocurrency in their country? How can we make any services to be connected with Recharge Ecosystem?
You brought new idea by providing a long time sustainable ecosystem that helps accelerate electric power service community. Talking about token which is built on ERC-20, HEC20 and BEP20 blockchain, I don’t know why you have make this decision since your own ecosystem is coming on its way? I want know your plan for recharge token after building your ecosystem? Are you going to create another token on your upcoming system or you will integrate it in recharge token?
One of the purpose of Recharge Token is an Enhanced Incentives in which the Decentralized Finance is provided to enhance incentives offered by Recharge Ecosystem Partners. So,can you explain more about this enhanced incentives? What is it’s purpose? What are the incentives or benefits that is being covered by Enhanced Incentives? Can you tell us who are the Recharge Ecosystem Partners that you collaborated for this incentives? Who will be the beneficiary of this incentives? How it will be given? Thank you
According to your website that all personal wallets holding Recharge Tokens can participate in voting by voting for or against the governance measure. However, in the case of Recharge Token wallets held in the Centralized Exchange (CEX), eligibility is determined by the individual exchanges. What are those personal wallet that is consider to vote for or against the governance measure of your platform? Do you have any connection or communication to some Centralized Exchange (CEX), to be able for them to determined the eligibility of Recharge token holder to participate with the governance voting? Is there any incentives for the holders who participate the governance voting of your platform? If yes,what would be the incentive? Thank you
I went through the CERTIK audit report conducted by Recharge platform & it has been successfully verified that Recharge Token is 100% secure. Will you do more audits in future for creating extra transparency within Recharge ecosystem? Will you hire only CERTIK for future audits? Or will you get a support from other Audit platforms? And please share with us your Audit report here?
According to your whitepaper, Governance portal of Recharge platform refers the decision making right of Recharge token holders propotional to their token holdings. What are the processes that Recharge token holders can vote on? And also you mentioned, in the case of Recharge Token wallets held in the Centralized Exchange (CEX), eligibility is determined by the individual exchanges. What is this mean? What happened if I hold Recharge token in my Binance account? Some Incentives will be distributed to the wallets of Recharge token holders on behalf of participating governance. Is it true? If yes, please tell us about that also deeply?
Recharge Platform integrate a new point system called Frequent Use Point (FUP). Can you give a detailed explanation about the FUP? How will this point system help to elaborate the Recharge token ecosystem? On which will FUP accumulation depend? What kind of advantages can we gain by accumulating this FUPs?
Do you consider that the high demand for cryptographic activity worldwide can worsen weather conditions, that Recharges proposes to curb the impact of carbon emission in the environment, they have any program or social or economic activity to promote, educate and culturalize about the need to maintain a healthy environment, in addition to their native token, do you plan to create new utility tokens for the project?
Tell us about what the charging station is, currently RCG is with HECO, they plan to incorporate another blockchain chain, Why change from HRC20 to ERC20, they plan to list their token in other exchanges, how can we make sure that their project is completely Decentralized, what is that characteristic that broadly defines it as DEX?
Today is the launch of RCG, what are your expectations about the event, do you have any special plan or activity to attract and attract participants and investors, do you believe in whales, can these affect the development of the launch or evolution of the project?
The objective of Recharger is to provide a long-term sustainable ecosystem that helps accelerate electric services, who are its partners and collaborators, do you have an ambassador program that serves as a bridge between Recharge and the population?
What is the main purpose of Recharge Token and what are the main areas that cure the utility of your token and that contribute to the improvement of the environment, who can participate in as collaborators, according to their programming will it be a long-term project?
Glad to learn more about Recharge! So far I know that Recharge is a Decentralized Incentive Hub for Electric Power Based Ecosystem that aims to provide a long-term sustainable eco-system that helps accelerate electric powered services to reduce carbon emissions. Could you please tell us how your project will affect the market and what are your main drivers for adoption? Will Recharge concentrate primarily on the US market or do you plan to become a global player? In what countries are you planning to start in the near future?
Thank you!
I read that Recharge token aims to encourage re-use of energy for long term sustainable ecosystem that brings positive effect on environments and blockchain world. please tell us how this admirable vision combines with the choice of ETH blockchain for the project. I mean gas fees alone do not look very friendly, also there are rumors that POW consensus mechanism is not especially environmentally friendly as well.. What was the main factor for choosing ETH when you are also present on much cheaper chains like Heco and Bsc?
Thank you!
Recharge has an exciting concept of creating a decentralized Hub for EV Ecosystem and helping reduce carbon emissions. While having blockchain system with solid token is a major step, I believe you cannot implement the full scale solution without real world EV infrastructure. Could you please tell us if you are going to be building your own EV charging stations or partnering with existing charging networks? What are the main difficulties when trying to partner with EV infrastructure businesses that do no use blockchain in their model? And lastly, will your partners have to adopt the use of recharge token in their business model?
Thank you!