We all know that trading and investing in the crypto space is not exempt from risks (actually, quite the contrary, given the huge volatility spikes!) and a wrong take on a trading decision can result in terrible financial losses. This is especially true in the actual unclear and apparently bearish-inside-bullish trend we’re witnessing lately.
Hence the need for user-friendly reliable tools to aid traders and investors in their assets allocation decision-making process. Most tools available in the space are apparently self-centered and this has allowed new players in the space to diversify themselves from the actual competition and position themselves in the market by bringing user-centered services to help investors discover, explore, and study projects before making any investment/trading decision.
One of such projects is iMM – namely Insurance of Market Maker – which showcases a full suite of instruments for investors/traders… and not only that! The value proposition brought forward by iMM is a fully-fledged and comprehensive one, which takes into account, not just the end-users (investors), but also upstream project owners, aiming to provide top-notch, exclusive (yet-to-be-fully-announced) consulting services.
With several important incubators allegiances (PolkaFoundry, Icetea Labs) and partnerships already under its belt (DaoVentures, Titan Ventures, PetRock Capital, PNYX BSCLaunch, and TrustFi… to name a few), iMM promises to be quite the project to be keeping a close eye on.
In this article, we will try to get to know Insurance of Market Maker better, by asking the fundamental question: “What is iMM?”
1. What is iMM – Insurance of Market Maker?
As stated on the whitepaper:
“ […] Insurance of Market Maker (IMM) is a DApp that uses Big Data, Data Analysts, and Artificial Intelligence technologies and that is built on two platforms: Ethereum Request for Comment (ERC-20) and Binance Smart Chain (BSC).
iMM aims to protect the benefits of investors (B to C) when they participate in Initial DEX Offering (IDO) projects and Advise developers (B to B) on technology projects to raise capital in the form of Initial DEX Offering (IDO).
There are some big words being used to describe what iMM is and what it does – so let’s break this definition further to make it more clear:
In computer science and statistics, “Big data” is a term used to describe huge amounts of structured and unstructured data which can be employed by organizations/stakeholders, every day. A rule of thumb that’s important to note (and that’s key for iMM’s value proposition) is that it’s not the quantity but the quality of data. That is, what matters is what a project does with these data to make it useful.
“Data Analysis” consists of a process of inspection, “clean-up”, conversion and modeling of data to highlight information that is fundamental to support stakeholders (e.g. in our case investors/traders) when facing short and long-term decision-making scenarios.
Finally, we probably all intuitively know that “Artificial Intelligence” (AI) allows us to employ machines or applications capable to enroll human-like skills – such as reasoning, learning, and planning – to put “Big Data” and “Data Analysis” to maximum fruition.
In layman’s terms, data is gathered on the Ethereum and Binance Smart Chain protocols then processed utilizing advanced analysis processes and AI is leveraged to bring traders extremely valuable information and insights to traders and investors, thus helping them
screening out the quality projects from low-quality ones and scams
solving the inherent, lurking information problem where investors either do not have the opportunity to access all the information related to a project or have difficulty in synthesizing and evaluating the quality of the information sources.
analyzing and supporting their decision-making approach, for which, too many times, ordinary investors can’t fruitfully analyze and make educated decisions based on often erratic information-finding.
2. iMM Features
First and foremost, the iMM platform is structured and designed to be extremely user-friendly, allowing traders/investors (which represent the “C” in iMM’s B2C value offering) to easily access its services. Users can connect to the iMM dApp using their Metamask (soon TrustWallet will be available as well), either via Ethereum Mainnet or BSC.
The iMM dApp will offer a plethora of specific features:
Holder Analysis – investors will be able to track project development, major holders/investors transactions
Project Roadmap Progression – users will be notified regularly, any time a project’s product development witnesses variations or updates regarding its progress.
Transaction Analysis – this will provide a detailed analysis and a notification system concerning abnormal transactional activity and outliers.
Full Charts – equipped with complete information and technical analysis tools
Project & Token Analysis – an information suite at a user’s disposal that will include fundamental, project valuation analysis.
More features have been already announced for the future, including
Auto DEX Trading
Profitable Wallet Tracking
the latter of which will allow users to observe the market, detect the behavior of top holders and groups of wallets, and eventually analyze the behavior of specific wallets to take proper actions (e.g. copy-trading).
At the current state of the art, the iMM team recently launched one of its principal services on its platform – the Token Monitor System. This early-stage functionality is live, free, and available for users to test some of the iMM’s core features: users can get a first-hand look at how they will be able to analyze transaction information on the crypto market on a selected list of trending tokens on BSC. This also represents a viable way to start getting comfortable with one of the most basic, yet useful functionalities that will be later on perfected and polished on the iMM platform.
3. $IMM Token Economics
Listed on CoinMarketCap on June 22nd and, shortly after, on Coingecko on June 27th, the Insurance of Market Maker platform has its very own noninflationary, native token called $IMM, which investors will be required to own to be able to subscribe and enjoy the corresponding dApp services (as explained earlier, the Token Monitor System is now available to everyone to test in free trial mode).
$IMM was launched following a global airdrop sponsored via CoinMarketCap and a double IDO on BSCLaunch and RedKite on June 19th, 2021, and is now available for trading on PancakeSwap.
The total supply is 50,000,000 $IMM, of which ~950,000 IMMs representing the current initial circulating supply, which will reach the 10,400,000 mark in 6 months from now (December 2021) – about 20% of the whole supply.
The $IMM token distribution will observe the allocation and vesting schedule outlined below:
The $IMM token utility is closely tied to the iMM platform revenue model outlined in the next paragraph.
4.Revenue Model
The Insurance of Market Maker revenue model will be based on the aforementioned $IMM token use case, which again is strictly linked to the successful adoption of the platform and its corresponding services provided.
As briefly and previously hinted, users will pay for the platform services by using $IMM token – these proceedings, in turn, will be shared between
staking and farming pools (with staking and farming features yet to be launched)
and project operational and development treasury
According to iMM’s forecasts and business plan, the team aims to reach the non-trivial figure of 2,000,000 investors using the paid subscription iMM products and they aim to reach that goal in just 4 months upon paid subscription launch, by offering a basic 10$/month subscription plan.
The subscription plans and tiers have not yet been fully disclosed, but according to the whitepaper, there will be iMM premium products available at a $1000/month subscription fee and reserved for a limited number of spots.
5. Roadmap
While $IMM’s staking and farming are yet to be announced, the next anticipated milestone will be all about the September/December launch of the Mobile App coupled with the web/mobile version of the Roadmap Tracker, the Project Analyst, and the Beta Version of the Automated Bot System features.
Coming Q1 2022 and Q2 2022 on the roadmap, users will witness more advanced and polished versions of the Token Monitor System and the Mobile App version 2, as well as more structured risk management and compliance framework design for the platform.
6. Conclusion
The Insurance of Market Maker platform is a project that could potentially soothe and ease a lot of the hassle investors have to go through when trying to access DeFi on-chain data and tools spread all over the crypto universe by gathering all the relevant services on one, unique platform. If the premises will be fulfilled (and it’s important to note that we’re in the very early stages), with the means of a single click, any trader or investor – be it experienced or inexperienced – will enjoy the benefits of using iMM’s services on a day-to-day basis, in their common trading and investing activities on Ethereum and BSC.
The multiple aims of this platform
to provide practical indicators for traders
divulge and make practical expert functionalities palatable to new users
synthesize information from multiple sources
connect consumers to the best tokens on the market to invest in
are ones worthy to keep track of.
The focal part of iMM’s roadmap will be all about its platform developers bridging the features announced and promised for the last quarter of 2021.
By that deadline, iMM will be potentially integrated with the major services it aims to provide, and hopefully crypto enthusiasts, traders, investors will be able to try out the iMM DApp to ensure they get the best from the crypto multiverse.
7. Community and Social Channels (as of August 5th, 2021)
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Vera Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Vera
For more details:
Vera Website – vera.financial
Vera Telegram – @veranetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Liti capital Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Liti capital
For more details:
Liti capital Website – liticapital.com
Liti capital Telegram – @Liti_Capital_Official
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 vEmpire DDAO and our
guests was @vEmpiredigital. The AMA took place on 12 August.
The
AMA session was divided into 3 parts with a total crypto reward pool of 500$
In
this AMA Recap, we will try to summarise the most interesting points for you.
Part
1 — introduction and questions from the Telegram community
Mary | Satoshi Club: Hello
Satoshi Club! We are happy to announce our AMA session with vEmpire
DDAO! Welcome to Satoshi Club😀
Dom – Romulus – (Won’t DM first): Thanks so much all 🙏🏻 great to be
here 🔥🔥⚔️⚔️
Gold Rocket | Satoshi Club: Nice to meet you 🤗
Mary | Satoshi Club: Welcome to Satoshi Club 👏
Let’s start our AMA 🚀
Dom – Romulus – (Won’t DM first): Great 😊
Mary | Satoshi Club: Could you please introduce yourself and tell us
more about vEmpire DDAO?
Dom – Romulus – (Won’t DM first): Absolutely 😆 so I’m Dominic Ryder, CEO and
founder of vEmpire ⚔️ I started my career as a stockbroker, moving into wealth
management and then private equity.
In regards to vEmpire
the reasoning behind the protocol was as a reaction to all the greed and
screwing over the little guy I witnessed along the way 👊🏻
vEmpire is fighting
centralisation
Dom – Romulus – (Won’t DM first): Starting with the Metaverse companies by
facilitating DeFi esque staking strategies of Metaverse tokens
We’ll use these to
invade the protocols and conquer 🔥
Gold Rocket | Satoshi Club: What is the essence of vEmpire DDAO?
[ Sticker ]
Mary | Satoshi Club: You’re real crypto guy👍
Who is in your fighting
team?
Dom – Romulus – (Won’t DM first): The essence of vEmpire is the community. A normal
DAO rewards the wallets with the most money. I’m the real world leaving running
it to the most wealthy hasn’t worked out so far really has it?
vEmpire’s DDAO is a
Democratic DAO, one vote per wallet above a minimum holding (we would have zero
but have to protect against bots)
Usually no matter what
the community votes
They are overruled by
founders, developers and the team behind the protocol. Not with us 👌🏻
Mary | Satoshi Club: True😃 but, yes, bots usually are a problem
What about team😉
Gold Rocket | Satoshi Club: Indeed, the community is the lifeblood of the
project, its engine. you made the right bet👏
Dom – Romulus – (Won’t DM first): Ah sorry yes 🙌🏻 so it is myself as
CEO, aka Romulus with my brother Mike aka Remus as COO I am the crypto maxi, he
is the gamer ⚔️ we have lots of advisers & people I’ve met along the way
who share my crypto passion and hatred of CeFi you can see the development team
and advisers here https://v-empire.digital/team
Gold Rocket | Satoshi Club: Family business😁👍
Mary | Satoshi Club: Great team! Are you public?
Dom – Romulus – (Won’t DM first): Yes fully KYCd by solid proof and you can find us
all on the website link here 😊
Done
Gold Rocket | Satoshi Club: Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Dom – Romulus – (Won’t DM first): 100% 🥳 let’s go
Q1 from Telegram User @nadee5
vEmpire DDAO, ,a Democratic Decentralised Autonomous
Organisation which is a new fairer system of DAO which rewards honour and
loyalty to the DDAO in more or equal measure to monetary contributions…In
crypto world there are different DAOs..but,with vEmpire you have introduced
DDAO..So I’m really interested to know, What makes DDAO different from other
DAO projects ?what new features have been added to make it more fairer system
of DAO ?what reason inspired you to introduce this concept ? Thank you
Mary | Satoshi Club: Oh, it’s so rare now, I want to pinch myself and
see if I’m asleep🤣
Dom – Romulus – (Won’t DM first): I know I bet you were shocked when you saw there
were no animals involved at all in this token?! 🤣
Great question
Gold Rocket | Satoshi Club: And food😂🙈
Dom – Romulus – (Won’t DM first): So as I touched on above, the DAO in its original
sense is a great idea, giving (intending) to give power to the community, but
it has shown to be very open to abuse. This is why I wanted to make sure that
whether you had 5K, 50K, or 500K you get the same say in the governance of
vEmpire
And the reason and
inspiration
Seeing every vote
ending up getting passed by just one developer wallet 😆
Dom – Romulus – (Won’t DM first): Done
Very true
Mary | Satoshi Club: Let’s talk about your future brawls with cheaters🤣
do you already have bot prevention system?
Dom – Romulus – (Won’t DM first): Yes we do, as mentioned, the perfect scenario would
be every staked holder having a say in the governance but that isn’t possible
due to the risk of Sybil attacks. This is why we will be setting a minimum
requirement to hold your singular vote. All results will be audited for
anomalies on top just for added protection 👌🏻
Mary | Satoshi Club: Super! Hope it will work👏
Dom – Romulus – (Won’t DM first): We have everything in place 👌🏻
Mary | Satoshi Club: Btw, when we will see everything live?
Dom – Romulus – (Won’t DM first): So I am harassing my devs endlessly to make sure we
have a platform demo to showcase prior to the token launch on 31st August, at
present, we are running on schedule 👍🏻
Mary | Satoshi Club: Very soon🚀🚀🚀
Dom – Romulus – (Won’t DM first): Smart contracts are ready, we are building front
and back end atm
Gold Rocket | Satoshi Club: Thanks a lot for the answers! Look forward to🤞
Dom – Romulus – (Won’t DM first): Welcome 🙏🏻
Q2 from Telegram User @NataliyaKil
So, the presale will take place on Unicrypt on the
31st August 2021 at approx 20:00 PM. How can we get access to the presale and
on what conditions, for what currency can we buy VEMP token and what will be
its cost? Will there be a purchase limit and how much? Under what conditions
will the sale be considered completed and can it be closed? Could you also
clarify the start time of the presale, as the article in Medium says that the
time is approximate (20:00)?
Dom – Romulus – (Won’t DM first): Thanks again, yes so the approximate time is
because the time is measured in Ethereum blocks, these average 12-18 seconds
but they vary so the time will change in the weeks leading up to the sale, but
we will reset it to within 1 minute of 20:00PM BST on the day of the sale 👌🏻
In regards to the other
points
It is worth mentioning
that the VEMP token will also be IEOing on MEXC Global which is one of largest
in the world and ranked in the top 20 by liquidity. So as well as Unicrypt
there will be allocations on MEXC Global as well
The maximum purchase on
Unicrypt is 2.5 Ethereum and MEXC global will be considerably less
VEMP is currently
pegged to Ethereum at;
125000 VEMP per
Ethereum
Mary | Satoshi Club: So, i can assume Unicrypt sale will end fast🤣
Dom – Romulus – (Won’t DM first): This means at 3K per Ethereum, VEMP is worth 0.024,
at 2K 0.02 etc etc
So the way to work it
out is whatever the Ethereum price is on 31st August, just divide it by 125000
and there’s your VEMP price 👌🏻
Well that’s the Hope
for us !
Mary | Satoshi Club: Why did you decide to peg to Eth? Usually projects
like to orient on usdt/usdc etc
Dom – Romulus – (Won’t DM first): Priority list (first 2 hours) goes to holders of
three UNCX or 50 UNCL tokens, then it opens for anybody
As an ERC20 token we
thought this was the best way to go 🙌🏻 we could of pinned to
USDT or USDC but well, it’s a bit boring isn’t it! 🤣
Dom – Romulus – (Won’t DM first): On MEXC you will have a USDT pair
And Unicrypt is
Ethereum so you get the best of both worlds 👍🏻
That was a long one! 😆
good question though!!
Gold Rocket | Satoshi Club: thank you very much for such a detailed answer👏
Dom – Romulus – (Won’t DM first): It’s all about the details 😊
Q3 from Telegram User @meml97
While reading about vEmpire and it’s Trading Card
Game, I couldn’t help but wonder, where will we be able to play this game? Do
you have plans to make it as a browser game or perhaps do you have plans on
launching your own TCG app? Whatever it’s the case, for comfort and practically
purposes, will we be able to play it on our mobile devices too? What kind of
requirements will our devices need to meet to run your game smoothly?
Dom – Romulus – (Won’t DM first): Great I was hoping for a question on our trading
cards 🙌🏻 yes so the trading card game will be hosted on the
vEmpire platform first which will be on desktop. Mobile application is of
course something we want to bring to market ASAP as well but launching an
Ethereum based mobile application game rather than a desktop is a very tricky
beast.
Having a desktop
version first allows us a lot more flexibility and a lot more time for us to
work out any cards that could be overpowered, applying the NFT boosts, gameplay
running smoothly etc etc. We think it is better to launch a mobile game with
perfect gameplay than to rush something for convenience 👍🏻
The NFTs are already
out on Opensea, vEmpire was created to reward loyalty which is why the first
editions are all being released at a low price and marked with a vE, so the
first commons are already sold out which were 0.1 Ethereum but we launched the
reinforcements which are 0.15. These will only go up in terms of the prices new
cards are listed, so early supporters are rewarded as the lifeblood of vEmpire
⚔️🔥⚔️
Mary | Satoshi Club: What about ETH fees? Won’t it be expensive?
Gold Rocket | Satoshi Club: not bad….⚔️⚔️
Dom – Romulus – (Won’t DM first): Gas fees are always something to bear in mind of
course, we are already working on cross chain solutions with talks with polygon
and BSC already underway 💪🏻
We are hoping that the
new upgrades will keep gas lower in the meantime and 2.0 is just around the
corner 🤞🏻
Yes we are already a
top 10 trading card NFT company on Opensea 🔥
Mary | Satoshi Club: Wow, congrats 👏👏👏
Gold Rocket | Satoshi Club: Yes! There is a lot of competition and this is a
good result.⚔️⚔️
Mary | Satoshi Club: Thank you for your answers, Dom! Ready to jump to
the next question?
Dom – Romulus – (Won’t DM first): Of course 👊🏻
Q4 from Telegram User @yellowchamp
I see that the “vEmpire – The Founding Soldiers” NFT
is available in OpenSea marketplace and it has almost 200 items and has 37
different owners. So,as an NFT collector or buyer ,why would we rather choose
to buy your NFT art? How will be those NFT be valuable in the market? Is it
also tradeable? What is the deal between NFT creators and your platform for the
profit-sharing? By the way,why do you choose to sell your NFT to OpenSea? As
you know Binance has also an NFT marketplace,so do you plan to also collaborate
Binance to sell your NFT in the future,as we know Binance has a large numbers
of potential buyers? Thank you
Dom – Romulus – (Won’t DM first): Another multi level and great question so be
patient with my typing 🤣
Mary | Satoshi Club: Np, take your time!
Gold Rocket | Satoshi Club: Take your time😉
Dom – Romulus – (Won’t DM first): Yes so as soon as we have BSC & Polygon
capabilities we will be expanding our marketplaces as well. We are also working
on something very special in this regard with our developers so stay tuned in
our telegram discussion group!
The key thing with our NFTs is that as well as looking really awesome 🤩 they have full utility in our play to earn game on the vEmpire platform. Please see 5.2 of our whitepaper https://v-empire.digital/whitepaper
The more NFTs you own
the better you are likely to do in our game vEmpire: The Beginning
The NFTs boost your
hand with the corresponding card, making it much more likely that you will win
the battles. Like with most NFTs and collectibles. Once people see the utility
and the game is launched on the platform, their real worth and desirability is
likely to skyrocket, as the owners of the NFTs will be the most profitable
gamers on the platform. So I encourage you to get them while you can as they
are likely to get more and more desirable as time goes on (not financial
advice!) 😆
Dom – Romulus – (Won’t DM first): Oh also please see the NFT handbook here to see all
the NFTs that will become available
Gold Rocket | Satoshi Club: I like that nft has a real field of application👍
Dom – Romulus – (Won’t DM first): Yes not just a pretty face 😆
Gold Rocket | Satoshi Club: This will increase their value. 😁
Dom – Romulus – (Won’t DM first): Yes, that is
why I am trying to allow our early community the cheapest access 👌🏻
Q5 from Telegram User @Asela1112
You have integrated 3 tokens called $VEMP- native
token, $xVEMP- governance token& $xsVEMP- battle token. Can you explain the
role of these tokens deeply? Have all they a price in the market? Initially you
mint 90 million of $VEMP tokens. What about the $xVEMP & $xsVEMP token?
Will you mint same amount (90 million) for $xVEMP & $xsVEMP token? And I
didn’t notice any kind of deflation system. Then how will you control Inflation
rate of your 3 tokens?
Gold Rocket | Satoshi Club: excellent opportunities for early birds
Dom – Romulus – (Won’t DM first): Thanks so
xVEMP & xsVEMP will not be tokens in the same right as VEMP and so will not
be publicly tradeable, xVEMP is a “proof of stake” token in that it allows you
to be gifted fees from the vEmpire platform. On unstaking if your xVEMP you
will be given back your VEMP stake + any rewards
xsVEMP is a further
level which allows users to enter our great arena where they can battle other
users in the NFT game for the chance to win more VEMP 🔥 xsVEMP holders
are truly the most daring and bravest warriors of vEmpire 🔥⚔️👌🏻
vEmpire’s supply is
capped at 810,720,000 which is gradually released over 21 years. There is no
additional minting of VEMP
You can find our
emissions schedule and inflation table in the whitepaper
Gold Rocket | Satoshi Club: in fact this is a rather unusual solution. share
your tokenomics with us
Mary | Satoshi Club: Complicated system😃
Btw, will VEMP prizes
be fixed in game? Or prizes volume will depend on factors?
Dom – Romulus – (Won’t DM first): Yes so a DeFi protocol rewards it’s users for
staking tokens onto the platform, these rewards need to come from somewhere,
and so the supply is not just dumped into the market, the emissions are
released to vEmpire’s users and stakers of the platform.
So a user of vEmpire’s
Metaverse token strategy will earn rewards as below. I will use MANA
(Decentralands currency) as an example;
MANA is staked into the
MANA pool, a certain amount of our tokens (95% of our supply is locked) are
sent to users who stake their MANA into this strategy. The rewards send to this
pool & others are decided by the DDAO. This earns users their first yield
which is paid in VEMP.
vEmpire will then use
this MANA to buy land, real estate and collectibles within Decentraland. 50% of
these profits are reinvested and the other 50% are paid back in MANA to
strategy users. This means that you are earning a yield in two different
cryptos from the one strategy, confusing yes but this diagram should help 🙌🏻🔥🔥
Dom – Romulus – (Won’t DM first):
Please see 2.2 of
whitepaper
We leave that to our
users 👌🏻 it will be decided by the community in our DDAO
Mary | Satoshi Club: Oh, true decentralisation 👍 awesome!
Gold Rocket | Satoshi Club: Thanks for sharing 😊
Dom – Romulus – (Won’t DM first): Welcome 🙏🏻
Let’s do it
Q6 from Telegram User @JesusFre1tes
They have recently published their recent listing on
MEXC Global, as part of their $VEMP trading initiative. My question is, why
have you decided to take this important step hand in hand with MEXC Global
specifically and how do you think this will help improve the liquidity, buying
and selling of $VEMP? What are the available exchange pairs that will initially
be included for $VEMP on MRXC Global? Do you plan to venture into other CEX and
DEX in the future?
Dom – Romulus – (Won’t DM first): Yes so the trading pairs as mentioned earlier will
be with both USDT on MEXC & also Ethereum with 60% of the Ethereum we raise
on Unicrypt going into a locked liquidity pool. In terms of liquidity potential
from MEXC, this was one of the key reasons for going with such a large
exchange, over half a billion flows through them every 24 hours and sometimes
more, having accessibility for both seasoned investors through DEX and also
those who may be more comfortable investing through a platform, we personally
felt allowed us to best service all aspects of our community 😊
Mary | Satoshi Club: Will we be able to farm your tokens somewhere?
Dom – Romulus – (Won’t DM first): We also wanted to expand into the Eastern market
where there is lots of innovation in the gaming and NFT space and thought this
would give our early token holders great liquidity and price action support
Dom – Romulus – (Won’t DM first): Yes there are token farming options on Unicrypt and
we will be developing our own on platform solutions as one our first features
released as well ☺️
Gold Rocket | Satoshi Club: do you plan ambassador programs?
Mary | Satoshi Club: Oh, that’s what we like👍
Dom – Romulus – (Won’t DM first): Potentially, we are also looking into and want to
have the top players and gamers in the play to earn and NFT space as members of
vEmpire
A lot of these play to
earn games have options for those who cannot access the assets to play for
others
But the rates seem and
are usually very unfair
With the owners keeping
80% and the players 20%
We want to democratise
this and vEmpire will never earn more from any of its lent assets than the user
does 👌🏻
It will be 50/50
Gold Rocket | Satoshi Club: Thank you very much for the great answers.😊😍
Dom – Romulus – (Won’t DM first): Thanks for the great questions!
Gold Rocket | Satoshi Club: Now if you want to share useful links with us
before opening the chat 😊
Dom – Romulus – (Won’t DM first): Yes sure I will be share our FAQ page 👌🏻
it is also worth me mentioning that we have great support from some really big
names, Jeff from Axie Infinity for example, me and him are currently chatting
and he is very impressed with vEmpire, nothing signed or agreed yet but watch
this space!
Alongside that we have
had articles written by us on Forbes by Cathy Hackl as well as mentions from
other top influencers such as Spartan black, DCLblogger & more
Please see our FAQs and
also how you can win 1% of VEMPs total supply 🔥😱🔥⚔️
FAQ for vEmpire’s $VEMP
token 🔥⚔️🔥⚔️ Listing on MEXC Global – Top 20 CEX
How much will 1% of
VEMP be worth if vEmpire gets to the size of MANA? $10,000,000 😱
Where can I see or add
my clue?
https://docs.google.com/spreadsheets/u/0/d/1xzTjEvo9HYhCnGNzZb-QR_OtHpePBWFGO2_DD6evKns/htmlview
(https://docs.google.com/spreadsheets/u/0/d/1xzTjEvo9HYhCnGNzZb-QR_OtHpePBWFGO2_DD6evKns/htmlview#)#
Part
2 — live questions from the Telegram community
Q1 from telegram username @Gutike95
If really many projects are looking to unite the
existing benefits both in DeFi with in CeFi, then why does vEmpire DDAO see
CeFi as the real problem of financial debacles? Or is it just a specific
feature in CeFi? If so, won’t CeFi’s other features affect finances?
Dom – Romulus – (Won’t DM first): After my experience in the financial services
industry, I see all CeFi as a problem. I could write stories upon stories for
days on my experiences but I wanted to highlight especially how I’m seeing the
same mistakes repeated in the Metaverse as we saw in the Great Recession, I
highly recommend anybody who wants to learn why I created vEmpire to read this
medium article i wrote
Almost all investors are focused on the price of the
token in the short term rather than understanding the real value of the
project. Can you tell us about the motivation and benefits for investors to
hold your tokens over the long term?
Dom – Romulus – (Won’t DM first): Yes us crypto investors are quite the short terms
thinkers at times 😆 my thoughts behind vEmpire is all about our repeat
platform users and the long term benefit stakers will see from the platform.
This is why at every level I have incentivised long term holding, with the
vEmpire strategies you can stake one token for yield, then stake that VEMP
yield into the DDAO for more yield, and then stake that further to xsVEMP for
even more yield 🤩
Our long term holders
will always get the biggest rewards and are much more likely to be successful
in play to earn 👌🏻 more in our whitepaper!
Q3 from telegram username @biggdata
vEmpire is a project built on the Ethereum platform,
but will you just stick with the Ethereum platform or will you expand the
vEmpire ecosystem with new networks to take advantage of other networks?
Dom – Romulus – (Won’t DM first): Yes we are already in talks with Polygon and
vEmpire is very much a cross chain project including wanting BSC utilisation on
top of Ethereum in the near future 👌🏻
Q4 from telegram username @AnimeshBidua
✅🟥✅🟥✅🟥✅🟥✅
💠Does your vEmpire DDAO have any token? If
it is there then how I can buy them??
💠Is there any NFT from vEmpire DDAO?
🔺🔺🔺🔺🔺🔺🔺🔺🔺
💠What are some key benefits that satisfy
investors that there is no scam or loop holes in project??
Dom – Romulus – (Won’t DM first): The token was minted through Unicrypt which means
that it is fully audited with no additional minting option. We have also had KYC
by solidproof.io and we have locked 95% of the tokens to give you faith that we
are certainly in this for the long run ⚔️🔥
Q5 from telegram username @Tahsinahmett
Will you have criteria to equalize the advantage of
experienced players to new players in Treasure Hunt “The Emperor’s
Scrolls”? For example, do you have any limitations such as easy, medium,
hard mode?
Dom – Romulus – (Won’t DM first): So the vEmpire Emperors parchments quiz is at first
a quest that can only be solved by the Empire working together to solve the
clues. vEmpire encourages community and so if people keep clues to themselves
then nobody will be able to enter the final battle to win 1% of vEmpire’s
supply. Eventually the quest will turn into a battle of individuals, but for now
nobody can progress unless the Empire community works together to get the last
three clues from the last influencers left!
Really Centralization is capable of causing a great
financial debacle in any project? If so, then why hasn’t Bitcoin suffered this
final debacle if it hasn’t yet made its network fully decentralized? or is
bitcoin totally different?
Dom – Romulus – (Won’t DM first): So I would point again to the medium article,
preventing a Metaverse financial crisis. The same mistakes in the Great
Recession of securities made of securities made of securities is being repeated
by some greedy venture capitalists 🤬
There are NFTs being
made of NFTs which themselves are part of an investment trust which has been
made into NFTs…. This sort of leveraged securitisation never ends well and pops
eventually. Please read more here
The Covid pandemic has greatly affected life and
economy around the world, how does it affect vEMPIRE?
Dom – Romulus – (Won’t DM first): Covid was awful for so many people. For a select
few and me included being stuck at home allowed me the clarity to see what I
wanted from life and what I wanted to stand for. This gave me the push to write
my whitepaper and this is where it all began for me and the team 😊👌🏻
Q8 from telegram username @Indomiekuy
Do you think community is important for vEmpire ? Do
you have any program that still ongoing now that related to community like
ambassador, bounty, or airdrop? Can you announced it here?
Dom – Romulus – (Won’t DM first): Community is the single most important aspect for
any new or existing crypto. Hands down no question. This is why at every level
of vEmpire we want to reward users. Do not be fooled by some projects offering
airdrops and other short term incentives, these rarely build a true community,
vEmpire rewards loyalty above all, join our fight and reap the rewards of our
battle from within ⚔️👊🏻💪🏻
Q9 from telegram username @nadee5
What key features
distinguish vEmpire from
other NFT games
?
It does take time but
you will truly be able to see I am telling the truth when I say that there is
no project out there right now that is doing
What vEmpire is doing.
We are a brand new concept in the crypto world. Almost every token this year is
some sort of animal, food o just a fork with a slightly improved feature. Not
vEmpire. vEmpire is crafting a new sort of protocol and a new niche in this
world we love 😍
Q10 from telegram username @ethcypherpunk
vEmpire includes games like cards, battles and
metaverse features, can you mention if you intend to add other types of
entertainment-related features?
Dom – Romulus – (Won’t DM first): Yes absolutely, so more games will be added which
will include even more utility for the current NFTs on sale now. vEmpire will
eventually build its own Metaverse and a home planet for our army. All
Metaverses need wearables, and our NFT owners will be first in line to where
the armour their cards possess 🔥⚔️
We want the early
supporters to be the ones who benefit the most from vEmpire this is why we
released the NFTs before the token, so whilst the greedy whales aren’t
noticing, we can share the earliest NFTs with the REAL community 🔥⚔️🔥⚔️
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:
