AMA Satoshi Club x Dehealth, September 29th

We were delighted to welcome our guest from Dehealth. The AMA took place on September 29th, 2021 and our guests were @NadiaKarklina @nick_ally @ibasuev.

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

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

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

Gold Rocket | Satoshi Club: Today our  guests are @NadiaKarklina @nick_ally @ibasuev😊💪

Jonah 🏅🎹: Hello Guys you are all welcome to satoshi Club

Anna Bon: Hello, everyone!

My name is Anna and I am a co-founder of DeHealth, so nice to meet you 🙂

I am the president of the international “eHealth” consortium and owner DeHealth LLC (2,7M patients and 30,000 doctors). Project DeHealth has brought together the best eHealth experts and over 15 million patients. I am also a serial entrepreneur and practical business development specialist with a successful project management experience in Italy, Germany, Netherlands, France, and China.

DeHealth is the first AI-based project with health records, a marketplace for health products, a payment system and a personal health assistant which provides secure access to healthcare for millions of people, helping them stay healthy and improve treatment!

Today with my colleagues: marketing manager Nikita @nick_ally and PR-manager Nadia @NadiaKarklina we will be glad to answer your questions.

So, let’s start!

Gold Rocket | Satoshi Club: Let’s start 🚀😊

Gold Rocket | Satoshi Club: Nice to e-meet you @annabonv @nick_ally and @NadiaKarklina

Jonah 🏅🎹: we are glad to have you all here

Gold Rocket | Satoshi Club: We are really excited about upcoming AMA😍

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of Dehealth

Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from  Dehealth

Nadia Karklina: Sure! Hey there Satoshi Club!

DeHealth is a decentralized healthcare project. It will consist of the following elements. The first and the main one is the mobile application where users can store their medical files and records which will be protected by Blockchain. Through this app, people will be able to connect with doctors from all over the world while the doctors and health institutions will have access to the required medical information of their patients (if the patients grant them access). For example, Jack lives in Serbia. He wants to consult a doctor in Israel. But he doesn’t have enough money to go all the way to Israel to see the doctor.

Gold Rocket | Satoshi Club: Wow! this is a real mass adoption of crypto in medicine👏

Gold Rocket | Satoshi Club: more precisely blockchain technologies

Jonah 🏅🎹: yeah.. and every one needs good health

Nadia Karklina: Another element of the project that will be launched is fitness trackers which will be synced with an app and will provide accurate biodata. All the data will be analyzed by our Personal Assistant based on Artificial Intelligence in order to paint the fullest picture of the person’s health. For example,  our Jack may receive a notification that he has to urgently get a blood test or get a proper medical check-up because one of his organs is acting out. This is how we can prevent the development of dangerous diseases and even premature death.

Nadia Karklina: In our plans it will take about 3 years to make a project go life. However, we already have a pilot!

Jonah 🏅🎹: This is great I must say.. 👍

Gold Rocket | Satoshi Club timely feature. tell us please, are these fitness trackers already alive? can we already use it?

Nadia Karklina: You can say: “Wow, that’s a lot of data, will it be safe?” And yes, definitely. Due to the use of Blockchain technology, all the users of DeHealth are well-protected from any cyber-attacks. Moreover, right now all your medical data is exploited by powerful corporations working in healthcare. They want to use the information that belongs to you without giving anything in return. However, here at DeHealth we want to empower people and give them control over their data. And not only that, but also allow people to profit from it.

Jonah 🏅🎹: Excellent 👏

Gold Rocket | Satoshi Club: brilliant idea!

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Nadia Karklina: We are going to launch a fitness tracker after the token sale, which is currently planned in November

Gold Rocket | Satoshi Club: Oh! It will be very soon 🔥🔥🔥

Nadia Karklina: Our founders are Denys Tsvaig and Anna Bondarenko, Denys is the President of the Cybersecurity Association of Ukraine. He has more than 13 years of experience in cybersecurity, and development processes. Anna is the President of the International e-health Initiative.

Each direction has its own specialists. You can read in details about our key team members on our web-site https://www.dehealth.world/team

Gold Rocket | Satoshi Club: Ласково просимо до Сатоши Клаб❤️

Jonah 🏅🎹: Great combination… Cybersecurity + e-health

Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?

Nadia Karklina: More about the closests aims and gadgets: according to our roadmap, we are looking to connect most of such gadgets by Autumn 2022. About the same time we plan to start working on our own health watch which will track more than 200 health indicators!

Anna Bon: Yes 🙌

Q1 from Telegram user @Emnking

DeHealth is looking to eliminate inequality in healthcare by helping people gain better control over their health, privacy and medical data. With this aim of DeHealth, users can Manage their health on the go with DeHealth AI, get free access to medical goods and services provided by private and state companies around the world and monetize their medical data. Which private and state companies provide medical goods and services to DeHealth. Do you render services only to the members of states and private companies that provide goods to you? What are the plans to ensure that these companies don’t relent in the services and goods they provide? What do the companies stand to gain when such services are provided for DeHealth?

Nick Ally: We’ll have to explain the project well, this is a very deep question. Just one moment please

Jonah 🏅🎹: Alright… 👍 Take your time

Nick Ally: While Nadia is typing, what are your thoughts on the current healthcare system? How can you rate your experience?

Nadia Karklina: Each cliet personally controls his personal data and opens access to his medical record only to whom he deems necessary. That is, personal data moves from patient to doctor based on GDPR compliance and personal data protection. Since we have all the safety certificates, the state recommends us!  And 90% of our clients are state clinics. Our ecosystem is based on complete transparency, both clinics with doctors and patients benefit from its use. In the pilot project, we didn’t spend a dollar on advertising. All 3 million users and 35 thousand doctors were attracted through word of mouth, clinics themselves were interested in obtaining tools we provide. Who doesn’t want to receive orders from customers in another region? This is also a great opportunity to scale your business and improve your image.

Jonah 🏅🎹: Getting access to quality health care is quite difficult and expensive in alot of parts of the world

Nadia Karklina: That’s true, and we want to ease this process 🙂

Jonah 🏅🎹: 3million users and 35 thousand doctors.. 👀

Jonah 🏅🎹: And without any advert.. this is impressive.. 👏👏

Gold Rocket | Satoshi Club: To be honest, kovid showed that medicine is not at the highest level in my country.

Jonah 🏅🎹: Same here too… 😢

Nick Ally: Yep, and just a week ago we signed a memorandum with Ukrainian Ministry of Health. You won’t believe how exited we are to start working with the state. That’s a huge step for a blockchain project

Gold Rocket | Satoshi Club: it can solve the problems of modern medicine. I totally agree

Jonah 🏅🎹: Yes it is indeed a huge one.. I believe you intend to partner with more government ministries in different regions

Jonah 🏅🎹: Are most of this doctors scattered around the world as at now?

Nadia Karklina: Thank you, actually that’s our plan! We have a roadmap according to which Switzerland is our next direction. And to 2022 we are getting to Mexico and India with the same model: through the state

Nick Ally: Yeah, actually we’ve already been working with Ukrainian government for a while now, 3 years if i remember right. Most of the doctors and patients who are currently using DeHealth come from Ukraine. And, as we’ve mentioned earlier, 90% of our current clients are state clinics

Jonah 🏅🎹: Great Thank you for your answers.. let’s proceed to the Next question

Q2 from Telegram User  @Right_clicK1

You plan to share equal rights for healthcare, but quality and affordability of such services radically differ depending on where you live. It is well known that the services you provided for users now cannot be equal since Dehealth is still not known worldwidely, in a case where user already have a medical records saved on Dehealth, can he easily consult a near by doctor in his community? Will the records be readable to some local doctors or only doctors working for Dehealth can go through it? Health is not for free, I want ask, if user will be making subscriptions or only the time to make consultation fees will be paid? Will the payment varies depending on individual situation or it is fixed?

Gold Rocket | Satoshi Club: Helsime?😊

Anna Bon: https://askep.net/en

Anna Bon: We will be very happy!  this is our pilot project, our child)

Nadia Karklina: Yes, we already had a similar case, when DeHealth user got ill in an unfamiliar region and the standard treatment protocols involved the use of a drug the patient is allergic to. If the protocol was used It would have killed him, but luckily by looking at the patient’s electronic card in the application, the doctors found out about his allergy and changed the treatment methodology just in time, thereby saving the patient’s life

Jonah 🏅🎹: With this initiative more lives will be saved

Gold Rocket | Satoshi Club: I dream that it will become available soon! Which areas of medicine does this apply to: for example, surgery, therapy, or dentistry, for example?

Anna Bon: I would also like to add….

Anna Bon: The World Economic Forum reports in its infographic on the US market that 9 out of 20 are health-related, as the baby boomer population ages and chronic diseases grow. According to WHO, more than 3 billion people do not have access to health services and we want to give the world a platform where people can make an appointment with a doctor from another country, buy health products (vitamins, minerals, gadgets).

We are blurring the boundaries and making the market more efficient and transparent.

This means that patients can make an appointment with their doctor or choose another specialist from another country.

At the moment, doctors pay for using our platform, when the application for patients is released, the main functionality will be free for them, then there will be a paid subscription, which patients will be able to pay only with tokens.

The right question here is: who will pay for personal medicine?

Developing countries don’t have that kind of money.

For this reason, we are introducing the DeHeatlh cryptocurrency so that a person can use it to sell their medical data and receive money for activity in our system.

Gold Rocket | Satoshi Club: A real revolution in healthcare👏👏👏

Jonah 🏅🎹: Exactly..

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

Gold Rocket | Satoshi Club: Ready to proceed to the next question?

Gold Rocket | Satoshi Club: Or want to add something?😊

Nick Ally: Every area should I say? Every visit, analysis, consultation will be recorded in a digital patients card. Users will have complete control over this data, managing it as they wish. For example they can manage who has access to these records or even sell depersonalized data on the marketplace. Everyone benefits

Anna Bon: Ready 🚀

Jonah 🏅🎹: One more question please.. 😁 For the purchase of health products will this be limited to only health products within the users country or do you have means of transferring health products across regions for the users?

Gold Rocket | Satoshi Club: Absolutely win-win

Anna Bon: That’s the reason we are working on DeHealth token. Cross-border fiat transfers would be a real pain, imagine the amount of paper you’ll have to waste just to pay for something as essential, as your health

Jonah 🏅🎹: Great.. let’s proceed

Q3 from Telegram User @ItsMelissa3

I read that DeHealth has a loyalty program, which is built on the principles of gamification, rewards a person’s activity within the DeHealth system. What kinds of activities must users do to receive these rewards? Is there a limit of activities that each user can record daily? What rewards will users receive for registering activities? Can those rewards be exchanged for medical and pharmaceutical services?

Gold Rocket | Satoshi Club: it’s not only about health care, but also about nature. less paper – more forests will be saved😊

Jonah 🏅🎹: Absolutely 😄

Nadia Karklina: This is absolutely true! We dream of people being healthy and we want to help them in this, and even to “motivate”. That’s why we came up with rewards in the form of tokens, so that a person receives for taking care of their health on a daily basis.  For example, you ran 5 km, received tokens, you followed the doctor’s recommendations – you received tokens, you passed examinations on time, and so on and so forth..

Getting tokens for taking care of your health is not limited. And you can use these tokens to your advantage: to pay for medical services or consultations to buy medicines, dietary supplements or gadgets.

Jonah 🏅🎹: Awesome.. Getting rewards while improving my health at the same time 👏

Nick Ally: Last time I made a transfer it took 4 forms on both sides and 2 days to reach it’s destination. In a world where messages travel with the speed of light :/

Jonah 🏅🎹: That’s a bit stressful

Nadia Karklina: And that makes the overall process of getting healthier more pleasant 🙂

Gold Rocket | Satoshi Club: and will it be written on my medical record?

Gold Rocket | Satoshi Club: Thanks for your great answers ☺️ ready to proceed to the next question?

Nadia Karklina: This data will be entered into your digital healthcare record! This will not be medical data, but health data, which will be displayed on your personal gadgets so that you can see the dynamics of your health.

Gold Rocket | Satoshi Club: Fantastic🔥

Nadia Karklina: Yes, sure! We’re waiting for your interesting questions

Q4 from Telegram User @MasterfulAstil

The organization seeks to create the world’s most powerful and “humane” artificial intelligence for the healthcare system, which will benefit 3 billion people, and will halve the death rate from disease and pandemics. Please explain this targetted amount of 3 billion people as this is less than a half of world’s population. What are the obstacles to provide wider coverage? Aren’t you afraid that those 3 billion do already have an access to the best practices in health care?

Anna Bon: this is a very deep question, I want to answer this question myself

Anna Bon: According to the World Health Organization, 3 billion people do not have access to health services through financial difficulties or remote location. Our project is aimed to solve both problems

We provide tools so that every person has the opportunity to receive real money for their depersonalized medical data and allow the use high-tech telemedicine wherever they are.

You already know that the market of medical data has surpassed the tens of billions of dollars, of which the patient who generated this data did not receive a cent 😭

DeHealth is building a transparent medical data marketplace where the seller is the owner of this data. We are developing an application where a person maintains his international medical record, collects data from doctors, laboratories and gadgets.

This data is structured and digitized in a certain way, then it is depersonalized and posted on the DeHealth Marketplace, where pharmaceutical and analytical companies buy this data from you directly!

And in fact, the integration of DeHealth Coin into a mobile application will make cryptocurrency a natural way of paying and making a profit for millions of people around the world. Solving the issues of any cross-border transfers in a matter of seconds, whether you pay for medicines, doctors’ services or receive income from the sale of depersonalized medical data.

Anna Bon: how it works, visually:

Gold Rocket | Satoshi Club: this gives incredibly great opportunities for both patients and doctors! this is genius.

Jonah 🏅🎹: 3 billion is alot

Anna Bon: Ohhh❤️🙏

Anna Bon: Yes😭

Gold Rocket | Satoshi Club: Thank you very much for making our world a better place❤️

Gold Rocket | Satoshi Club: We can see you, guys, are really passionate about the project! Tell us a bit about tokenomics please

Anna Bon: this is what motivates us ❤️

Anna Bon Of course, we are already writing

Nadia Karklina: We can talk a lot about that! The token will be primarily used in DeHealth mobile app. Even though the app itself will be free, the extended version with AI-assistant will have to be purchased. The token will also be used as a universal payment method: services, products, vitamins as well as the data will be purchased with DeHealth token. It can also be staked, providing additional opportunities for doctors.  We’ve also already shared our other idea: our token will be used to motivate more service providers and patients to join our platform!

Jonah 🏅🎹: can we proceed to next question?

Gold Rocket | Satoshi Club: Thanks for your answers ☺️

Nick Ally: Wait, there is more)

Jonah 🏅🎹: Yes.. two more for this part.. 😁

Jonah 🏅🎹: Q5 from Telegram User @Pavel_Jarosh

One of the DeHealth founders (Anna Bondarenko) profile states that she owns a DeHealth UA branch with 2M of patients and 30K doctors audience. What do the two DeHealth projects have in common and how is the work process in Ukraine already set? Please talk about the successes and fails. Thank you!

Nadia Karklina We will soon anounce the token sale in our telegram channel: https://t.me/dehealth (In the end of October)

Nadia Karklina: The pilot has been working for 4 years, and for 2 of them it is known as a DeHealth project. Right now, you can create your own digital health card or ask a doctor, who is already working with the system to make one for you. It contains every medical visit, consultation and analysis. You don’t fill it up – doctors do. Later, for example if you need to visit a lab, they can easily access your card and receive all required information. No paperwork involved, everything is digitalized and structured according to the international standards.

Nadia Karklina: And blockchain will make patients data 100% immutable, making the trust and quality of such data ultimate.

Nadia Karklina: The main success lies in the fact that in just a few years we have millions of patients, and 35,000 of doctors already trust us, but we have not spent money on advertising! Here the world of mouth is working for us and we are growing quite fast. Of the failures we could mention that a lot of money was spent on confirming hypotheses, they could be confirmed faster without big spendings, but we’ve learned a lot from this experience!

Gold Rocket | Satoshi Club: You are incredible guys😊

Nick Ally: Thanks for the kind words!

Nadia Karklina: Thank you! And we are keep moving

Jonah 🏅🎹: Awesome lets proceed to the last question for this part

Q6 from Telegram User @NataliyaKil

With the help of AI-bot we can consult with the best doctors available worldwide. How can I be sure of the authenticity of the doctors? Can I get access to information about the doctor I am interested in, to information about his activities, to his diplomas and certificates? How can I be sure that I can trust the doctors offered by DeHealth?

Nadia Karklina: It is highly important to understand that you can bring your doctor to our platform, the one to whom you trust or who was recommended to you (just recommend them our platform). The doctor will get an automated workplace and our system will save him time for receiving patients.

Also all the doctors in our platform are checked through our legal department. We work only with legal entities – medical institutions or private doctors who conduct their practice. They provide us with their state medical licenses, which we (legal department) check. In case if a complaint is received against a doctor, we deprive them of access to our platform.

And your personal assistant (AI) will select the best doctor for you according to your individual needs.

Gold Rocket | Satoshi Club: you have thought this aspect well. thanks for taking this matter seriously

Jonah 🏅🎹: thank you for your answers Guys

Gold Rocket | Satoshi Club: Thank you very much for the great answers and your time.

Nick Ally: Thank you, those were some very in-depth and interesting questions!

Jonah 🏅🎹: its time to proceed to the next part of our AMA, where our community members will ask you Live questions directly are you ready to see the flood😉

Gold Rocket | Satoshi Club: Please share with Satoshi Clubbers useful links before the open chat😉

Nadia Karklina: Here are the most useful links: Company Website: https://www.dehealth.world

Telegram:  https://t.me/dehealth

Twitter:  https://twitter.com/DeHealth_World

Medium: https://medium.com/@DeHealth

Facebook: https://www.facebook.com/DeHealth-113520210837332

LinkedIn: https://www.linkedin.com/company/decentralized-healthcare

Part 2 — live questions from the Telegram community

Q1 from Telegram User @Chertkov13

When android app release ? I don’t see any beta/pilot apps for mobile yet

Nick Ally:

We plan to release an App for Android, Apple and Huawei OS in the beginning of next year.

It will be AI based from the start. Nobody tried to do it before us and this is an interesting task, to be the first who works in this area.

We spend a lot of time working with anti age clinics and international universities in terms of R&D in order to correctly complete the terms of reference.

You can also take a look at screenshots on our website https://www.dehealth.world

Q2 from Telegram User @lerasiera

Why did you still release tokenomic ? I’m following you for weeks but still no word about token and how it will be distributed

Ilya Basuev:

We plan to announce the tokensale in early October.

We will give all the details, share our plans.

Healthcare is the most conservative industry.

Q3 from Telegram User @adsaadd

What will be the main principle of your project if you manage to realize everything that you want?

Ilya Basuev:

People will be given easy-to-use technologies that will help them monitor their health, make money selling their data, and live better lives

Q4 from Telegram User @egadzovsky

not sure I understand how my medical data can be monetized. Who can need the info how I caught a flu and how I recovered idk. Who would buy it ??

Nick Ally:

Your health information is not even digital gold, it’s digital platinum for analytical and pharmaceutical companies.

With the help of this information, new treatment protocols are being developed, new and effective drugs for treatment are being created, which brings huge profits to the companies developing such drugs. According to open official data, the medical data market will surpass $80 billion next year and we plan to be on the edge of this growth

Q5 from Telegram User @peachees

In order for people to pass on information about their health and their problems to you, do you plan to somehow check it?

Nadia Karklina:

People now collect information about their health and store it on their digital medical record.

Information is collected from three sources:

– Doctors

– Medical laboratories

– And certified gadgets

All our brains and products are aimed at enabling people to prevent the onset of diseases and more effectively fight existing diseases.

Symptoms are just the tip of the iceberg. It is important to understand the reason. AI and an international digital medical record on the blockchain will help us in this so that people do not lose their health data.

Q6 from Telegram User @kanifo

What or who inspires you? It is important for me to know that you live with your project, love it and do everything for it to make it successful

Anna Bon:

A couple of years ago, me and Denis had a dream – to use the latest technology and science so that people do not die prematurely, so that they can live longer and happier.

Our journey began with this dream.

We saved three human lives, there is a description of one such story on the site, take a look.

This gives us strength to go forward every day ❤️

Q7 from Telegram User @feranno

Do you need any license or permission legally to use the DeHalth project? What kind of work have you done on legal regulations, do you have the necessary licenses and permits?

Nick Ally:

Yes, we work with medical data, medical records, and in some countries this requires permits.

For example, in Europe, you need to comply with the GDPR law and we are ok with it. We do have a legal department who takes care of it.

When it comes to medical licenses, we do not provide any medical services, so we don’t need to be certified.

Q8 from Telegram User @danchouss

Have you already tested the work of your project in the Alpha version? What are the results?

Nick Ally:

Yes, we did a pilot project in Eastern Europe, so far this is a web platform that allows people to store their medical information in one digital place and make an appointment with a doctor.

This is a SaaS model. Doctors and clinics pay us for a digital workplace. Basically, it’s telemedicine.

We have more than 2.7 million patients and about 2M of them are active (they make appointments with their doctor more than 2 times a year through our platform).

Q9 from Telegram User @miasanmia1

Dehealth is not very blockchain oriented project to be honest. It could easily work without token. Why did you decide to tap into blockchain? It seems you just need a token to conduct a token sale and that’s it

Ilya Basuev:

First of all, the blockchain allows not to change medical information retroactively, so that it is liquid for pharmaceutical and analytical companies. we tokenize the medical data so that you can sell from depersonalized on our platform and earn some real money.Blockchain and token are different tools.

We need blockchain to increase trust in the medical data that is generated. So that no one can change them retroactively and so that it can be seen where they come from.

We need the token so that people can mine it while maintaining their health. It is also a good loyalty program tool.

And through tokens, it will be easier for people to sell their medical data, make cross-border transfers.

For the company, this is also money from the community. This is a great responsibility and reward for us.

Q10 from Telegram User @finomdort

Please tell us more about your short term steps, what do we expect next in coming weeks? I have joined the chat few weeks ago and I’m a little bit confused as you don’t post much updated what exactly you are doing. I like your idea but I don’t really like the progress. It seems you are missing something.

Nadia Karklina:

We are glad to see you here in Satoshi! it’s nice to know that you’ve already visited some of our AMA sessions.  Yes, we already have a roadmap that we are following.

We divide our business processes into the following areas:

– R&D

– development of technologies and products

– entering new markets

– legal issues

– and now another direction has been added – the introduction of a global cryptocurrency to the market for the healthcare market.

We have been working on our platform for several years and now it serves over 2.7 million patients. Now we go out into the world.

Follow our social networks, there will be more news and you will find out about our progress and you can join us.

Part 3 – Quiz Results

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

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

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

Our partners:

Dehealth Website – dehealth.world
Dehealth Telegram – @dehealth

Gamestation x Satoshi Club AMA Recap from 28th of September

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 Gamestation and our guest was @crush77 – representative of Gamestation. The AMA took place on the 28th of September.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

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

Paul Mont | Satoshi Club:
Hello! Welcome to Satoshi Club 🥳🥳

Jason GS:
HEYYYYYYY!

And we are a go!

Great to be here everyone.

Paul Mont | Satoshi Club:
Here we are!

Welcome @crush77 ! 🥳

Jason GS:
Hi Paul.

Pleasure is all mine!

Paul Mont | Satoshi Club:
Great to have you here! How are you today ?😁

Jason GS:
Super. Couldn’t be better actually.

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club😊

Jason GS:
Great day and a great TG room.

Gold Rocket | Satoshi Club:
Nice to e-meet you 😊

Paul Mont | Satoshi Club:
Haha fantastic, we’re actually in the same mood, eager to know more about GameStation! 🔥

Jason GS:
Likewise.

Eager to tell you!

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

Jason GS:
Great. Happy to do it.

My journey in crypto began……

In 2017

Before this.

I was an internet marketer.

And before that,I was in the medical field.

A friend brought me into crypto and showed me how marketing at the time was….

Pretty old school. People weren’t doing things very well and it was a “throw mud at the wall” kind of approach.

Gold Rocket | Satoshi Club:
Oh… You come to crypto with no bad experience.

Jason GS:
So I dove in head first.

Right! Thank you.

Started doing marketing for crypto companies through advising.

And consulting.

MEt all kinds of folks, from the n00bs all the way up to well known founders.

Gold Rocket | Satoshi Club:
Nerves are needed in crypto like steel ropes 😁

Jason GS:
Pffff, great point.

Crypto people don’t sleep.

We look 50 when we are only 30.

Right?

Paul Mont | Satoshi Club:
Hahaha right on 😁

Gold Rocket | Satoshi Club:
Yeah… Never sleeps 😅

Jason GS:
Im on my 18th cup of coffee now.

That looks a lot like me.

On a good day.

So anyhoo……

In 2019, the idea behind GS was formulated, and we have been working on the project for 2 years.

Paul Mont | Satoshi Club:
I guess we’re all in the same boat then haha 😁🤣

Jason GS:
and super pumped we are at the end of the journey and ready to release something epic to the crypto and gaming spaces.

Jason GS:
Haha, right!

Gold Rocket | Satoshi Club:
Wow! this is a very exciting moment! like having a baby 😍

Jason GS:
HAHAH. Twins!

Gold Rocket | Satoshi Club:
Give us a brief introduction to the project. What is the essence of GameStation?

Jason GS:
Ok, good question.

Paul Mont | Satoshi Club:
And later on we’ll try to flesh out all the details 😉

Jason GS:
Love it

I like this tag team thing…very cool

Ok, so GS is essentially….

A project that aims to be the One-Stop-Shop for GameFi. The platform features a launchpad, a marketplace to trade, lend, and borrow in-game assets

Gold Rocket | Satoshi Club:
☕️

Jason GS:
And, along with its roadmap, a community event & tournament system…..

GameStation allows teams to develop and launch their play-to-earn (P2E) blockchain games while creating a community of like minds…..

Focused on participating in developing their favorite games.

And gamers….

Gamers can access private sales of their favorite games and organize events and compete against other players.

Gold Rocket | Satoshi Club:
Really timely direction!

Paul Mont | Satoshi Club:
Right, there’s never been a better moment for this, GameFi is literally exploding now – GameStation is potentially on the way to catch a huge trend 😉

Jason GS:
That’s the high-level explanation of it. But the juice isn’t that, the juice is in what it does for the people who use it.

Thanks, guys. We are set to take a chunk out of the 150 billion market.

Gold Rocket | Satoshi Club:
Thanks for a great introduction, we have several questions which were selected for the 1st part. Ready to start?

Jason GS:
I mean last month, more people used bc games than DefI and NFTs combined.

Shoot

Paul Mont | Satoshi Club:
Here we go 🚀

Q1 from Telegram User @Brainchest

One of the key components of a successful game launch is a community of players. They do the initial test of the gameplay, tell you what you need to change and what to add to the game. Players also write feedback and create an information buzz before the game launch.
Do you have plans to create a dedicated team of players on a paid basis? That is, it could be a monthly payment to a group of players or a special pool with royalties from each project to motivate a team of players?

Jason GS:
Good question….

Ultimately when we created GS, the idea behind it was based on how to help people make money.

Gaming is going majorly mainstream, and we saw that the play to earn model would crush the play to win model that the antiquated studios push.

So…..

Will we hire you on a monthly basis? No, because we are thinking a lot bigger than that…Let me explain.

What we are doing is opening Pandoras Box to a whole slew of games that gamers can participate in that are based on the P2E model.

Further.

This model is based on a community adhesion ecosystem, the likes of which the space has not seen yet.

Gold Rocket | Satoshi Club:
You are a very emotional speaker! inspires me 😁😍

Paul Mont | Satoshi Club:
That’s how I’m feeling lol.

Jason GS:
Think Gamefi meets DeFi meets NFTs meets Launchpad meets a gamified platform.

It’s sick!

YES!!!!!!

It’s going to be life-changing for people all over the world who have been impacted financially by COVID.

Entire nations are going to be affected.

Know what I mean?

Gold Rocket | Satoshi Club:
Share with us😁

Jason GS:
We are also chained agnostic. Meaning we will be on multiple chains offering multiple games for each chain. Our pipeline is building up as we speak and some of the projects are jaw-dropping.

Paul Mont | Satoshi Club:
You know, if you wanna give us a sneak peek preview, we won’t mind 😁

Jason GS:
I can’t say too much because we haven’t announced the details yet, but we are tech-ready, have an incredible team of know-how people, and have partnerships forming every 65 minutes it seems.

Gold Rocket | Satoshi Club:
Amazing😁🔥

Paul Mont | Satoshi Club:
How big is your core team right now? And by the way, are your core team members public ?

Jason GS:
Well, we also want to put our money where our mouth is. Because the goal with this is to create ops for people to make money….So every week we are giving away sets of Axies, Star Atlas Ships, and today we just announced a new partnership with…..

The Pluto Alliance. This is a Bitboy funded project and we are giving away NFTs from them as well

Il post the link and then get to your next question

https://gleam.io/taQQt/gamestation-forming-alliances

Paul Mont | Satoshi Club:
Amazing, check this out Satoshi Clubbers! 🔥🙌🔥

Gold Rocket | Satoshi Club:
You are incredible guys😍

Jason GS:
Even if you hate me and hate this idea, go sign up to the giveaway, That link will give access and you can get a shot at some really great NFTs, prices, and even chances for exclusive whitelisting spots

Thank you!!!

That’s high praise from you guys!

Ok, so to your question.

About the team

Here…..

So on our core team, we have myself, who you now know.

We have Mark who is our CMO. Mark does work for Gemini and Pomp just to give you an idea about his capabilities and experience.

We have Ihor, who is our CTO. Ihor speaks tech and human, so the development process behind the scenes is extremely fluid and successful.

We also have a mystery man. We havent announced him yet. But he is uber smart, especially with gaming and NFTs.

To give you an idea….

He recently turned down a job at NBA TopShot

Think about that for a sec.

And remember, we have had 2 years to line this up….its not a Johnny come lately trendy cash grab.

Gold Rocket | Satoshi Club:
Who could refuse this?

Jason GS:
This is the real deal.

Maybe my wife could? Not sure heheheh

Paul Mont | Satoshi Club:
Mr. Levine?

Gold Rocket | Satoshi Club:
There are very smart wives😁

Jason GS:
Our team is fully doxxed and all have names in the crypto space which really helps with worries about rugs, etc….

AHAHAHAHAHAHAAH

Yes!

Paul Mont | Satoshi Club:
That piece of news hit the headlines kinda hard 😁

Gold Rocket | Satoshi Club:
It adds points to you in the eyes of users.👏

Jason GS:
Super! I have been rugged before. Hated it

Hated it

Hated it

Paul Mont | Satoshi Club:
Big Praise Guys! 👏👏👏👏

Jason GS:
And we have all taken steps to ensure our users are super comfortable with that fact that won’t happen here.

Thank you, guys!

Satoshi Club.

Gold Rocket | Satoshi Club:
Thanks for your answers ☺️

Ready to proceed to the next question?🚀

Paul Mont | Satoshi Club:
Superb answers, thank you @crush77 🔥

Jason GS:
What else? What do you think your community might want to know?

Yes, anything.

Q2 from Telegram User @Jamesxmen

Game Station project supports the multi-chain environment across the Ethereum, Polygon, Solana, Polkadot & Binance smart chain network. However, sufficient details have not been provided on this multi-chain compatibility. Could you please provide us more details on the multi-chain compatibility of Game Station launchpad? Have you already integrated this feature or Will you enable this feature in the future? But an issue will appear due to this multi-chain compatibility. If your launchpad supports multi chains, $GAMER token also should be supported on Cross chains. What is your intention about this matter? Will you add more chains to $GAMER token in the future?

Jason GS:
I’m not sure I 100% understand the entire question. But the first part I do get…..

We have in-house developers who are working as we speak to dial in all the chains we will use. At the start we will go live with Eth and Poly…..And

Gold Rocket | Satoshi Club:
Jason GS:
once our ducks are in a row and we are totally out of stealth and the platform is public, we will finish up with Solana BSC etc….

Jason GS:
We also have a surprise partner in the top 100 CMC who we just synced up with…..

Gold Rocket | Satoshi Club:
Oops! our bot a bit crazy😁

Jason GS:
And its a surprising chain to go live on no one sees coming….but gamers are gonna love it.

Thats ok!

Jason GS:
Last point to make….

We have a large Defi player we have also partnered with and we are using their contracts that have been audited successfully multiple times.

We will conduct our own audit as well for security’s sake, but we are ready to roll and want to avoid vaporware at all costs.

Hope that answers the question satisfactorily.

Paul Mont | Satoshi Club:
Crystal clear, thank you @crush77! 😉

Jason GS:
Super!

Paul Mont | Satoshi Club:
Let’s move to question number 3!

Q3 from Telegram User @Pavel_Jarosh

Hello GameStation! I’ve been following your Telegram community for some time already and it is almost daily that I see the announcements of new partnerships like DeFi11 or Pluto Alliance. If I’m already a DeFi11 token holder after participating in community sale. What benefits can it bring to me by investing in two projects at the same time? Thank you!

Jason GS:
This is a great question actually.

So at the moment, one of the things we are implementing is the issuance of a reward structure to those who hold our tokens and our partner’s tokens.

Paul Mont | Satoshi Club:
A win-win situation 😉

Jason GS:
We are a gaming platform with emphasis on gamification, P2E, NFTs and will have a marketplace on the platform for people to buy, sell, trade, borrow these assets.

No in regard to our partners, each partner will offer something different to our community.

Gold Rocket | Satoshi Club:
It seems to me it is really convenient.

Jason GS:
For example, the Pluto Alliance with Bitboy offers their community a front-row seat for positions in the IGOs.

Every partner will want to provide different aspects to their community.

RIght!?!?!?!?

Jason GS:
So I can’t tell you generically what the specific rewards will be, but the benefits will be notable and profitable.

Hope that helps.

Oh, and by the way….

Here is how you can get access to us…

The bot hates me. Won’t let me post. Perhaps you guys can do it from your side if convenient.

Just sent to paul.

Paul Mont | Satoshi Club:
Join the ultimate place for #GameFi

💻 Website: https://gamestation.io
🐦Twitter: https://twitter.com/gamestationIO
👨‍👦‍👦 Telegram: t.me/gamestationio
📱 Telegram Ann: t.me/gamestationio_ann
📚Medium: https://medium.com/gamestationio

Jason GS:
Thanks Paul!

Paul Mont | Satoshi Club:
Here we are 😉

Jason GS:
Thank you

Gold Rocket | Satoshi Club:
Excellent answer

Jason GS:
About the bot hating me?

Paul Mont | Satoshi Club:
Really, super excited to for the news you’re sharing with us! 🔥🙌😁

Jason GS:
I think thats one of our devs

Thank you so much for letting me jump in and share. You guys have a great rep.

Paul Mont | Satoshi Club:
And we need to know more!

So here’s the next question 😉

Jason GS:
Ok

Q4 from Telegram User @bigboicity12

Gamestation focuses on game fundraising. This is fascinating because there are many platforms that sell liquid NFT, but none of them are interested in the game. Can you explain to us why you put so much emphasis on providing liquidity and funding gaming projects? Also what games does Gamestation currently support? What kind of games do you plan to add in the future? How do you plan to expand to non-crypto users since there are a lot of gamers with no blockchain knowledge? Also, please explain the marketing strategies.

Gold Rocket | Satoshi Club:
You bring us unreal pleasure with your answers 🔥

Jason GS:
WOW!!!!!

Ok, so with that question above….I can try to answer 1 or 2 points deeply, or I can do a broad-brushed overview from a higher level.

Jason GS:
What do you think the SC would like better.

Gold Rocket | Satoshi Club:
Of course😁

Jason GS:
Ok, Ill try to hit them all briefly. So we chose the fundraising model as a “Kickstarter of Gaming”. The old model is very 1980’s-1990’s and is begging to be disrupted.

Currently games have to jump through the studios hoops, and in the process lose the profits and the IP.

Our model offers a WAYYYYYY better solution because it keeps the IP for the devs, and it allows the gamer and game developer to share in the profits as the game grows.

SO essentially we are a full service one stop shop suite of services that make the game launch very turnkey and simple

We have not launched any games yet because the project isnt public. We have a pipeline of games lining up to go to market with us.

We can add any game the community wants to see, but the emphasis is really on fun, P2E games where people can stop working at factories and do something more interactive online to make money

Paul Mont | Satoshi Club:
If I were a game developer, that would be a super hyper easy choice then 😉

Gold Rocket | Satoshi Club:
Lol😁 the revolution🔥

Jason GS:
The biggest hurdle in bridging non crypto gamers seems to be the crypto wallet. We are launching a program that will specifically deal with this problem as well as partnering with non crypto gaming companies

Right?

So easy peasy.

Paul Mont | Satoshi Club:
When can we expect a full-fledged launch for Gamestation? Some key dates that you can share with our Satoshi Clubbers and we should not miss?

Jason GS:
Haha. yes you got it.

Sure thing

So, we are shooting for mid-October at this point. We have partnerships formed that we have not even announced yet. And we have a much larger community than people think we have. MUCH LARGER. ….

So if everything lines up, we are right around the corner.

This is why im talking with you guys.

The best way.

To know when where how and what.

Is to connect with us.

Via our socials.

That way you will stay in the loop and not need to fomo into anything later

Paul Mont | Satoshi Club:
The planets and stars are potentially aligned for a big launch 😉

Jason GS:
We are pretty excited about what is coming guys. 2 years of work in crypto is like 10 in every other field

Paul Mont | Satoshi Club:
Yes, guys, don’t miss out on the opportunity to join up and stay in the know with anything about GameStation! ☝️

Gold Rocket | Satoshi Club:
Indeed 😊

Jason GS:
https://gleam.io/uoDO3/gamestation-discovering-new-worlds

And go get access to the NFTs, Axies, and other sick prizes

Gold Rocket | Satoshi Club:
Thanks a lot for the answers.

Jason GS:
Great questions thank you Paul and Gold

Gold Rocket | Satoshi Club:
Check please Satoshi Club😍

Paul Mont | Satoshi Club:
We’re really enjoying your in-depth answers and what GameStation has in store for us in the near future! 😁

So, here comes our next community question!

Q5 from Telegram User @meml97

While looking at GameStation’s information I saw that your project aims to offer “Seamless solutions for game developers”, but it is not disclosed what those seamless solutions are, so, can you tell us more about them? How will GameStation make the process of developing a game easier for the team involved in it? What kind of tools and solutions will you offer to them to do that? What advantages will it bring to them the implementation of this seamless solutions, that they won’t be able to find anywhere else? Also, what will devs need to do if they want to fully enjoy of that seamless solutions you’ve prepared for them?

Jason GS:
Sure.

So the seamless solutions would be for example….

Making things turnkey. If the community likes one of the games being suggested, then we will allow the dev access to the platform and everything it contains…..

Think big here.

Think marketing, advisors, consulting, legal, biz dev, tech….

I mean you name it, you got it.

So it’s uber easy this way and through this model, the gamers will own a piece of the game alongside the devs.

Paul Mont | Satoshi Club:
Total package! 😉

Jason GS:
Devs will need to apply if they want to take advantage of the benefits

Total package

What else comes to mind?

Jason GS:
Currently, many launch pads from various sectors, not many care to help the project before and after launch….we are the opposite

Paul Mont | Satoshi Club:
Your answer was very explicative 🙂

Jason GS:
I like your vocabulary!

Paul Mont | Satoshi Club:
Haha thank you bud 😁

Jason GS:
You are welcome.

You guys are really good at this.

Interactive.

Like a game!!!!!

Gold Rocket | Satoshi Club:
You are like caring parents😁

Paul Mont | Satoshi Club:
By the way, given that launch is just around the corner, can we assume that audits are coming as well in the near future?

Jason GS:
YES! never thought about it like that….

Yes, the secondary and tertiary audits are of the highest importance.

All the primaries are done.

Paul Mont | Satoshi Club:
Gotcha! Thank you very much @crush77 😉

Jason GS:
My pleasure.

I have a question for you…..

If you don’t mind.

Paul Mont | Satoshi Club:
Heading for the last question of this very first part of the AMA! Are you ready? 🚀

Sure, please

Jason GS:
Ok. well you guys are pros and get to see all types of projects and ideas get presented here. Because of your experience, is there anything that you can think of that could be an additional value add to Gamestation other than what I have presented?

No pressure….

Just crossed my mind right now.

Paul Mont | Satoshi Club:
I personally think that the premises are great @crush77 😁 Honestly loved what I’ve read so far 🔥

That’s my gamer soul speaking haha

Jason GS:
Super! We always want to think bigger and not get stuck in a box….

Love it.

Thank you!

Paul Mont | Satoshi Club:
You’re doing wonderful @crush77 ! And I’m sure that the LIVE part that’s coming will spur more ideas for GameStation! Our Satoshi Clubbers are really an amazing brainstorming tool as well 😁🚀

Jason GS:
Fantastic. Thank you for the feedback and looking forward to it!

Gold Rocket | Satoshi Club:
You have a lot of ambitious ideas and we are sure you will bring everything to life. I especially liked that there is no need to go to the “factory”, we can play games and get richer 😁

Jason GS:
Thats key, right?

Gold Rocket | Satoshi Club:
Absolutely😊

Jason GS:
The old dudes smoking cigars in their penthouse suits dont decide anymore, we do

Gold Rocket | Satoshi Club:
We are still at the beginning of the road to mass adoption. the game helps to make it faster 😊

Jason GS:
100% agree. Great way to state that GR

Paul Mont | Satoshi Club:
And now we’re going for the next and last question from this first part, and then heading into the live part!

Q6 from Telegram User @Asela1112

In $GAMER tokenomics, I noticed that you have integrated four fundraising rounds: Seed round, Private round, Public round & Angel round. What is this Angel round, Is it another form of Public round? How much did you fundraise through the seed round, who were in seed round of Game Station platform? What about the public round & private round? Will these public & private round be opened for retail investors? Can you please tell more details on these fundraising events so that users can participate with a well known idea about Game Station?

Jason GS:
Ok, let me start with a chart,

One sec,

Paul Mont | Satoshi Club:
Take your time 😉

Jason GS:

So to start at the top, we have self-funded the project since its inception. Additional resources were only allowed once our MVP was functional.

So, to get to your questions….

Paul Mont | Satoshi Club:
Cool infographics, very clear! Thank you for sharing it! 👏👏

Jason GS:
For the future round, we are discussing with launchpads to launch the token

Thank you Paul

And….

Gold Rocket | Satoshi Club:
Great infographic👍

Jason GS:
We are distributing allocation via community rewards for our community.

The angel round happened already.

Currently we are oversubscribed many times over. We have no VCs.

They knocked at the door, but we declined.

We wanted the tokens in the hands of regular people that we could relate to…folks like you and I.

Gold Rocket | Satoshi Club:
An extraordinary decision to be honest.

Jason GS:
Well…..

To be honest.

There is one VC.

That is looking under the hood.

We are considering them.

But they are epic.

Amazing.

Fantastic.

Superduper.

You get the point.

They arent dumpers.

But they are gamers.

And would help the GS ecosystem, and all of us who are involved in it. All of you who will be involved in it.

Gold Rocket | Satoshi Club:
Soul mates😁😍

Jason GS:
Soul mates

And so because we are oversubscribed.

We are giving away whitelisting positions.

In the giveaway.

Gold Rocket | Satoshi Club:
Please share your roadmap with us.

Jason GS:
Sure thing.

Gold Rocket | Satoshi Club:
Let’s remind the main points😊

Jason GS:
Ok, that’s the synopsis.

Of what we have done and where we are headed.

Gold Rocket | Satoshi Club:
Thanks for sharing.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @LuisPagulayan
What perks does your project provide that other similar projects cannot give?

Jason GS:
We are multichain, we will have an NFT marketplace, we have large well-known partners, we have NFT benefits/airdrops for those holding tokens, we launch games and provide post-market support, we have a sick team, we are deeply connected in crypto and gaming and know that everyone is here to make money. Its truly about the community, so stay tuned.

We arent going to focus on pumping the token. Our focus is to pump the community, the benefits and the overall reach of the platform. Then the token appreciation will follow. We have a community of gamers no one even knows about yet in the wings and there is much to come in the days and weeks ahead. Hope this gives some insight and thanks!

Q2 from Telegram user @JaviSuBs
Greetings Gamestation? is your project a blockchain event launch pad? or does it also work for game development? can you borrow, sell and trade assets on Gamestation?

Jason GS:
The launchpad will be exclusive to games, and devs will bring their games and ideas to us to take to market. Assets can be bought sold traded and borrowed in the NFT marketplace yes. Thank you.

Q3 from Telegram user @captainprice111
Game projects on DeFi are very trendy lately, can you talk about why gamers should choose Game Station? What does Game Station offer different from other game platforms, what are the features that make you believe that your project will survive in the market in the long run?

Jason GS:
Yes. This is a great question. The GS niche is multiple. We are multichain. We help games to get funded and then help them go to market, so start to finish approach that doesn’t leave them stranded afterward. We offer an NFT marketplace for assets to be traded or sold etc. We have a community event & tournament system….among other things.

Q4 from Telegram user Silica
Have you done any partnership with the gaming projects or the projects related to the IDO, If yes Can you please tell me about your strategic partnerships?

Jason GS:

Yes, we have already signed partnerships with a major DeFi player, working with several gaming individuals/companies/ developers looking to onboard into the pipeline…..Our operational advisor seems to make a new partnership every 5 minutes. And it will be these connections that will help to open the floodgates to grow the ecosystem of games and P2E opportunities for our community.

Q5 from Telegram user Super-Girl Says
I understand that members of the GameStation community will be able to access a wide variety of carefully selected game projects, can you tell us about how you select these games? What aspects do you evaluate about them? What are the criteria a game must meet to be selected?

Jason GS:

We are going to have for both the NFT launches and token launches a vigorous due diligence process that will ensure the projects cannot scam our community.

While no one can ever guarantee the success of a project/biz, the GS team will make the best possible effort to ensure the safety of our community.

Because we are community-focused, we are also building an insurance fund to help offset the worry and FUD so prevalent within the crypto space. We are also developing a voting system to allow you to have a say in what games move forward.

So along with the community, advisors, due diligence, and gaming experts, we are confident that only the best of the best will make it through.

Q6 from Telegram user @meml97
It caught my attention that GameStation aims to provide a space that will be the pioneer for Play to Earn Decentralized Gaming, but what pocked my curiosity out was the fact that you showed Fall Guys, a conventional game as a play-to-earn game. So, this made me wonder, will we be able to find non-blockchain/crypto games such as Fall Guys, LoL, WoW, etc on GameStation and be able to monetize our time and efforts playing them? If so, how will you make that happen? Can you tell us more about this and your plans regarding the conventional gaming industry?

Jason GS:
This is great. While we are working on some outside-the-box angles to monetize games that arent currently P2E, one easy way to comment on will be the fact that GAMER token holders will have access to benefits like airdrops, NFTs, or tiered system benefits directly from our partners. And as I said above, we have LOTs of them. We started with the announcement about Ferrum and today announced Bitboy.

Q7 from Telegram user @Tharindu8967
We have seen many GameFi / P2E projects are emerging in the market..But it’s difficult to invest and engage such with projects…So can you explain GameStation how to make it really easier?

Jason GS:
I agree with you. There is so much noise out there. The problem with launchpads is that they will list just about anything oftentimes, and then do the raise, then walk away.

That’s not what this is. We are much more careful to bring the creme de la creme of games, nothing less.

Remember, the launchpad is just ONE aspect of GS. It’s not the primary asset of GS. It’s just one cool part of a huge train that will be moving down the tracks in a simple-to-understand way.

If you like to play games and get paid, then you will get our model and find it pretty easy once we go public.

Q8 from Telegram user @Gemshunter22
How can a game developer reach to your project for business inquiry and partnership proposal?

Jason GS:
The best way is to go to the site and Apply. Or you can send an email to us and we will evaluate the best way to move forward with you.

Q9 from Telegram user Shera
Could you please highlight the key utilities of the $GAMER Token? What primary roles does it play in the Gamestation platform?

Jason GS:

Yes, the GAMER token will be used on the launchpad and will have a system where those who are holding them will receive NFT drops from our partners.
GAMER tokens will be at the center of the platform and lots of rewards are expected to go to everyone holding it. In the future, we have already several partnerships in the work that will bring more utility to our token. Bitboy’s NFTs are a sneak peek into this model.

So ultimately, $GAMER, GameStation’s token, powers the platform. Its utilities are accessing private sales, trading in the marketplace, and, when implemented, creating and participating in community events.

Q10 from Telegram user @JaviSuBs
Can Gamestation developers and players finance ideas with little capital or give up part of their idea, their intellectual property? you can give more details.

Jason GS:
Yes, the idea is for devs to keep their IP. The existing community of gamers can help to fund the project, which will make them “co-owners” of the game so to speak.

The fundraising will help to elevate the game playing, which will help to create more income, which will help to expand the community. Its cyclical.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Gamestation. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Gamestation Telegram community: http://t.me/gamestationio
Twitter: https://twitter.com/gamestationIO
Website: https://gamestation.io

Mars4 x Satoshi Club AMA Recap from the 29th of September

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 Mars4 and our guest, @sir_pauly. The AMA took place on the 29th of September.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$.

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

Part 1 — introduction and questions from the Telegram&WebSite

D. | Satoshi Club: Hello Satoshi Club! we are happy to introduce you another episode of AMA! Today we are welcoming Mars4 project and our guest – @sir_pauly, here, in Satoshi Club!

Jonah 🏅🎹 | Satoshi Club: Hello, welcome to Satoshi club👏

D. | Satoshi Club: Welcome, @sir_pauly!😊 How are you?

Paul S: Hello everyone!! It’s so nice to be here!

I’m perfect, was looking for this AMA for so long!

Jonah 🏅🎹 | Satoshi Club: We are glad and excited to have you here today Paul😊

D. | Satoshi Club: Awesome! And we are very gland that you are here today😊

So let’s start the AMA with an intro! @sir_pauly, please tell Satoshi Club about yourself and Mars4 project🚀

Paul S: My name is Paul and I am a Chief Marketing Officer at Mars4. My background is as Seasoned Marketing and Ecommerce Executive. I am leading the EMEA expansion of the Super G children’s GPS watch brand. I am highly experienced in building and growing passionate communities of evangelists for crypto start´-ups. In my career, I have launched the first marketplace in Second Life.

Mars4 – centred ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world’s first revenue-generating NFT!

Mars4 is a unique metaverse with a virtual reality component. The Mars4 project’s development team has modelled their detailed 3D map of Mars’ terrain after NASA’s Mars data. Think of it as Mars’ equivalent of the 2001 Google Earth 3D map. In this virtual world on Mars, users purchase plots of land that they can later navigate, build upon and monetize.

Mars4 users purchase land plots where they can later cultivate civilisations and create economies. Landlords can build upon, rent and sell their lots. With MARS4 they are able to get ownership certificates, change the name of the land, pay for a range of avatars, wearables and more on the Mars4 marketplace. In this way, the world on Mars leverages NFT Mars Land, Gamification and Token Redistribution to create attractive tokenomics for traders and investors.

Jonah 🏅🎹 | Satoshi Club: Thank you for the introduction. I see you have a great marketing and community building background. By the way, how many members are in your team?

Paul S: More than 20 employees, growing on the daily basis!

Jonah 🏅🎹 | Satoshi Club: Awesome! I also want to ask how many game studios have you met already?

Paul S: At the moment with a few only, we have met 3 game studios at the moment!

D. | Satoshi Club: Great for the start🙌

Jonah 🏅🎹 | Satoshi Club: Yeah!

D. | Satoshi Club: Sounds cool! So we can call Mars4 a gaming project? The main purpose of the project is entertaining its users?

Paul S: The main goal is to create Mars Metaverse, so yes! You are right! People will be able to game there, as we are already meeting with game studios and are excited ourselves!

D. | Satoshi Club: Nice! Is this the first experience for you to work with a project related to the game industry?

Paul S: I haven’t worked with projects with game studios myself, however we do have world-class advisors from Illuvium!

D. | Satoshi Club: Illuvium is a top project👍

@sir_pauly, I appreciate you for the nice intro! Do you want to add something else or we can open the first part of our AMA?

Paul S: We can start with the first part!

Q1 from Telegram user @splend6ty:

From your medium I read that the Mars4 project enables people to actually invest and buy land plots using the MARS4 tokens. By purchasing these NFTs, owning a plot is made convenient. You also said that the planet is divided, giving different people a chance to get a unique land for themselves. What do you mean by that? How can a mass project enable someone to BUY and OWN a plot of land by using MARS4 tokens? What does it mean for a user to own this unique NFT? How much NFT MARS4 tokens can someone invest in order to meet up to buy a plot of land?

Paul S: The project also has NFTs representing the surface of Mars. Mars Land are traditional NTF tokens, they can be traded on any market place just like a normal NFT.

You can explore our Virtual Mars on our Ecommerce site and find the grid line dividing the lots into 99,888 pieces. The mission of Mars4 is to enable humanity to explore Mars no matter who they are and what they do.

Moreover, we believe that the yield we have built into them (passive income) that transfers to the new owner makes them even more attractive. Terraforming your land will help to increase its value.

MARS4 Tokens that will be available on SushiSwap, will be used to buy these Mars Land plots. There is no fixed amount of MARS4 dollars that will be used to buy lots, as it will matter on the value of the token when it launches on exchanges.

You will be able to get tokens here: https://app.sushi.com/swap

Jonah 🏅🎹 | Satoshi Club: Was there any specific reason why Mars was chosen amongst other planets?

Paul S: Mars is the planet the most similar to Earth, there was also found evidence suggesting on previous civilizations! It is really very interesting, we still find stories and legends about the land on Mars till this day!

Jonah 🏅🎹 | Satoshi Club: Interesting, I hope I can go there myself one day😁

D. | Satoshi Club: When will the MARS4 token be listed on SushiSwap?

Paul S: Actually, we have already announced that MARS4 dollars are already available on SushiSwap! Just was checking if you are interested, haha!

D. | Satoshi Club: Oh nice!👏

Paul S: Everyone can already participate on SushiSwap here: https://app.sushi.com/swap

Don’t miss the opportunity to become a Martian! More about our tokens can be found here: https://www.mars4.me/token-sale

D. | Satoshi Club: How many lands are allocated for the team and maybe for some marketing events in the future? Is it possible to win a land via participating in some sorts of activities?

Paul S: We do organise events on our platforms, for example as there were contests of stickers, memes, content and many more. We found out how loyal and creative our community is, while they got the chances to get NFTs!

D. | Satoshi Club: Thank you! Let’s go to the next question!🚀

Q2 from Telegram user @bigboicity12:

NFTs on your platform are the engine of everything, they can be used for trading, fighting and gaming, but how versatile can they be? Is there a way to improve NFT with extra items and get better stats and prices or split them up for trading? Do Mars Land owners have full freedom to conduct all economic activities such as subleasing and leasing their land to builders, architects, creators and artists?

Paul S: MARS4 visualises terraforming features that refer to initially developing and enhancing the land with space stations, oxygen production facilities, greenhouses to grow food and everything else you can imagine as Mars becomes more liveable. You will also be able to purchase additional value-enhancing avatars, certificates, and logos from its in-game assets feature.

As the work progresses, we expect settlements to grow into towns and communities (eventually cities!) with self contained economies, inter region trade, financial services, entertainment, art and cultural facilities, space and science academies.

You can imagine a Decentraland on Mars, but with a decidedly sci-fi theme and a really high liquid economy from day 1 due to the income from the land that’s built into our tokenomics. With land scarcity and value you can imagine that conflicts and political rivalries will spice things up!

Mars Land owners will have complete freedom to conduct all economic activities, like subletting and renting out their land to builders, architects, creators and artists . The only condition is that all rent and payment within our Metaverse use MARS4 (Mars dollars).

D. | Satoshi Club: Have you implemented any fighting mechanics in the game? If so, how it looks like, do people need to have any special battle NFTs for this?

Paul S: We still don’t announce anything about the gamification feature as it is not a quick step!

D. | Satoshi Club: So don’t forget to share news with us about gamification aspects, when they will be available😊

Jonah 🏅🎹 | Satoshi Club: Alright, is the MARS4 dollars pegged to anything?

Paul S: No, it is not.

D. | Satoshi Club: Gotcha!👍 Thank you for answers! Let’s proceed to the next question😇

Q3 from Telegram user @linnlinnn197:

I read the Mars4 litepaper and found that 25% of the total supply will be sold in the Private Sale round to VCs, while the Community and Public round sales are only 1% and 5% respectively. Dividing up to 25% to the whales will easily lead to manipulation and control of the $MARS token price in their favour. Has Mars4 thought about this and what is the mechanism to prevent whales manipulating the price of governance tokens?

Paul S: First of all, Mars4 has high quality long term investors that are only interested in the long term value.

Secondly, strict lockups for VCs are introduced. In other words, vesting schedules.

And lastly, the Mars Land NFTs will be the governance token and the community already owns a lot more of them than VCs.

D. | Satoshi Club: Can you share the vesting schedules with us?

Paul S: Here it is!

D. | Satoshi Club: Btw, is your project based on dual token system? One of them is governance token, what is the purpose of the other?

Paul S: Mars Land NFTs are the land plots on which Martians will be able to build their empires. MARS4 are the dollars with which everyone will be purchasing anything they wish on Mars!

D. | Satoshi Club: Awesome!😊 Thank you for answers! Eeady for the next question?

Q4 from Telegram user @captainprice111:

Nowadays, people have difficulty in trusting projects, can you tell us about the security level of the Mars4 platform so that we can trust you? Smart contracts are open to certain risks and dangers, in fact, the audits are not enough for security in my opinion, but has Mars4 passed third party audit, is there a report? Code security and people’s investments are secured. What are you doing to get it?

Paul S: Our security is world class and we follow all best in class procedures. Moreover, our smart contract will be audited by Quantstamp, who are the best in the industry and even audited huge De-Fi projects like Synthetics.

Technically, the system has been designed to be safe and secure, and we are spending all the necessary resources in order to ensure that the system matches the highest security standards. We are using a combination of various techniques like proxy contracts, separation of concerns, access control etc. We are also looking into new and promising protocols like Lossless.

Jonah 🏅🎹 | Satoshi Club: Quantstamp is a great choice👏

D. | Satoshi Club: Yep, well-known firm👌

Jonah 🏅🎹 | Satoshi Club: Will you do more audits?

D. | Satoshi Club: The more audits the better👀

Paul S: We will, however we are now concentrating on the first one with Quanstamp.

D. | Satoshi Club: Gotcha👍

Jonah 🏅🎹 | Satoshi Club: Great, let’s proceed!

Q5 from Telegram user @Cheriemike:

In Q3/4 of your roadmap, you will have an auction event for Olympus Mons NFT & other SuperRare NFTs. We are close to the beginning of Q4, so when will the auction take place? What will be the starting price for the auction NFT? You also plan to launch a collection of 10,000 Martian Avatar NFTs, when will they be available and what will be the start-up price for them? Do you currently have any that is available? If yes, can we have a sneak peek of it?

Paul S: Thank you for the strong question, I can feel your interest in the upcoming events!

Unfortunately, I still can’t share the details of the auctions and Martian Avatars collection. These are in the process of being created and the team is preparing huge events for you. Keep yourself updated and join our announcements channel here: https://t.me/mars4me_news

Jonah 🏅🎹 | Satoshi Club: Satoshi clubbers…🚀🚀

D. | Satoshi Club: I assume all the 10,000 Martian Avatar NFTs will be unique and not easy to get😉 It will be interesting to try to get one😁

Thank you for your answers Paul! Let’s proceed to the last question from part 1!🚀

Q6 from Telegram user @RosemaryBianco:

It strikes me that your theme has been completely based on Mars, but in the future do you plan to add other NFTs with themes from other planets? Have you also thought about connecting with astronauts and experts to achieve something bigger and more physical with Mars?

D. | Satoshi Club: Any collaboration with Elon Musk?👀

Paul S: It is a perfect question, thank you for that! However, right now we are concentrating on Mars only. It has an incredible amount of features that still can be utilized and I can assure the community that an astonishing journey on Mars awaits!

D. | Satoshi Club: Yeah, the red planet has lots of mysteries!

Paul S: We would love to collaborate with Elon Musk for sure, and we are trying to get his attention! You can also find a lot on Mars named after him!

Jonah 🏅🎹 | Satoshi Club: That’s nice😊

D. | Satoshi Club: @sir_pauly big thank you for all the answers and info in part 1! It was great journey! Now it’s time for the second part😊

Paul S: It was the same for me! Super interesting questions!

Jonah 🏅🎹 | Satoshi Club: Thank you for your answers in this first part. We now proceed to the second part of our AMA: live questions. Our members are eager to ask you questions directly!

Paul S: Let’s go, can’t wait to hear it!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Jodasf:

I have read that MARS4 is a metaverse with dual tokenomics, which allows users to create and experience the Red Planet while earning income through income generating Mars Land NFT parcels. So, could you give us more details of the two tokens: MARS4 Tokens and Mars Land NFT? Tell us, what are their utilities, benefits and opportunities?

Paul S: Mars4 uses two tokens: MARS4 and Mars Land NFTs (Mars NFT). MARS4 is an ERC-20 / BSC token that must be burned to acquire non-fungible ERC-721 LAND tokens.

  • Token name: MARS4
  • Token symbol: MARS4
  • ERC20: 0x16CDA4028e9E872a38AcB903176719299beAed87

Mars4 has dual tokenomics with a 4B MARS4 tokens for gaming, trading, and NFT minting. Mars4 has balanced liquidity, as 4% of Metaverse transactions are redistributed: 2% distributed to NFT holders, 2% locked to liquidity and staking programs.

$MARS4 will play a key role in the metaverse’s transaction processes. Everything on Mars could be bought, leased or sold with MARS4. Each time users perform a transaction, the Mars4 NFT holders will earn a yield.

  • NFT symbol: MARS4
  • ERC20: 0xdf9Aa1012Fa49DC1d2a306e3e65EF1797d2b5fBb

The project has a fixed supply of 99,888 NFTs representing the surface of Mars. Mars Land are traditional NTF tokens that can be traded on any market place just like a normal NFT. Moreover, we believe that the yield we have built into them (passive income) that transfers to the new owner makes them even more attractive. Terraforming your land will help to increase its value. You can purchase additional value-enhancing avatars, certificates, and logos from its in-game assets feature.

Q2 from Telegram user @KeymerS:

What guarantee do we really have that Mars4 is not just another scam project or that they won’t end up doing rug pull? Could it be that they have already been audited by large companies that validate the commitment and operation of your project?

Paul S: Our security is world class and we follow all best in class procedures. Moreover, our smart contract will be audited by Quantstamp who are the best in the industry and even audited huge De-Fi projects like Synthetics.

Technically, the system has been designed to be safe and secure, and we are spending all the necessary resources in order to ensure that the system matches the highest security standards. We are using a combination of various techniques like proxy contracts, separation of concerns, access control etc. We are also looking into new and promising protocols like Lossless.

Q3 from Telegram user @feranno:

How will the Mars4 project generate income for rapid development in line with the roadmap?

Paul S: Mars4 will have several revenue streams after the IDO. There will be a transaction fee on all activities in the marketplace and game world.

Also when we launch P2E we expect there to be a very high volume of transactions. Finally, we will be doing large auctions of the Rare and Super rare NFTs, generating a large amount of revenue for game development.

Q4 from Telegram user @captainprice111:

Can you tell us about the team members of the Mars4 platform? How many people do you have in your team? Is their experience and knowledge enough to develop Mars4 and revolutionize the crypto space?

Paul S: Our Core Team is world class, coming from companies like PWC, LinkedIn, Salesforce, Swedbank, Iron Wolf Capital (one of the largest VC funds in Northern Europe). Notably, two of our team members helped build and launch the first marketplace on Second Life (the original Metaverse). In addition, similar to yourselves, we are early investors in Bitcoin, Ethereum and many newer smaller decentralized startups.

Q5 from Telegram user @Robotliker1:

Will your project support in a global level? Can players from global level play the game or will there be any kind of restrictions?

Paul S: Mars4 is GLOBAL project! Everyone from young to old, from beginners to crypto enthusiasts can join us and our community! We do already have communities all around the globe and you can join those as well. For non English speakers it is a perfect opportunity to still get onboarded to Mars!

We have already entered the markets of:

And our main Telegram channels:

Q6 from Telegram user @Tahsinahmett:

What makes you think that metaverses will not be a short-term fashion, a temporary mega trend? Do you believe the virtual life of Mars Land will have strong financial implications in real life?

Paul S: The Metaverse sector is exploding in popularity with several high quality blockchain projects like Decentraland and Sandbox going from strength to strength and even traditional technology companies, like Facebook seeking to get involved. We believe Mars4 has captured the imagination of people around the world and our thousands of individual buyers of Mars Land are excited to participate in our science fiction flavoured virtual experience.

Our team metaverses are not a short term fashion, but a mega trend that will be with us for decades as humanity spends more of its life in digital worlds. We are early to this trend and will continue to adapt and improve the gaming and virtual experience, so Mars remains the premier destination in the metaverse to play, socialize and earn money.

Q7 from Telegram user @ethcypherpunk:

Does this project have governance as part or objective of your roadmap plan? Or some other way that the community can genuinely feel their participation in the project?

Paul S: You can imagine a Decentraland on Mars, but with a decidedly sci-fi theme and a really high liquid economy from day 1 due to the income from the land that’s built into our tokenomics. With land scarcity and value you can imagine that conflicts and political rivalries will spice things up!

Mars Land owners will have complete freedom to conduct all economic activities, like subletting and renting out their land to builders, architects, creators and artists . The only condition is that all rent and payment within our Metaverse use MARS4 (Mars dollars).

Q8 from Telegram user @soyestefanya:

What is this project currently working on to facilitate growth in the world of cryptocurrencies and allow many people to access this project? How do you incentivize the community?

Paul S: The easiest way for you to imagine what Mars4 seeks to achieve is Google Earth experience on Mars. The ability for a person to use Google Streetview is a goal for the Mars4 project. At the moment we have a virtual representation of Mars that each of you can explore! Find it here: https://app.mars4.me/

The following step that we want to implement is “Streetview”, like it is on Google Maps. People then could “walk” on the surface of Mars and imagine themselves being Martians!

Q9 from Telegram user @dinukanuwan:

Can you list 3 killer features of your project that make it ahead of competitors? What are the competitive advantages that you feel most confident about?

Paul S: Our unique competitive advantage lies in a few aspects: Mars4 has a yield generating system that ensures each transaction of MARS4 tokens within our world, redistributes tokens to the NFT holders so they earn a passive income just from holding. We will also allow them to customize and Terraform their Mars Land NFT territory and as the Decentraland gamification/simulation elements evolve, they will be able to earn additional income e-pay subletting and renting out their Mars Land holdings to builders, architects, business owners and artists, facilitating a thriving in world economy.

Q10 from Telegram user @BJosefina61:

What is your degree of confidence that this project has the opportunity to be listed on centralized exchanges? Are you pushing for it?

Paul S: We have already listed on SushiSwap, we have 100% confidence in this aspect. Mars4 is planning to be listed on the top exchanges!

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:

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Project Overview: BitDiamond

It’s quite hard to deny that the past months of 2021 in the cryptoverse have witnessed a pattern in the flow of assets in the Bitcoin, Ethereum, and altcoin blockchains of the cryptoland – with several Bitcoin’s interchanging and renewing mini-cycles inside what’s being considered actually a major, underlying bull-trend.

The depreciation of some asset prices – except ones that purely originated from King Bitcoin’s fluctuations – has often been reversely correlated with corresponding price appreciations in other crypto assets, therefore proving that – in so many cases – there’s no real capital outflow from crypto to fiat, but mainly a redistribution of the allocations from some assets to others in the space.

Given this fundamental insight, there is great market potential and need for a cryptocurrency that would represent an authentic store of value, against most fluctuations in the market, thus shielding its holders in the short, medium, and long term, while shifting them to a more investor-oriented approach in their investing decisions.

And that’s where, according to its founders, BitDiamond could vie for the title of being “that” store of value. Let’s find out together why.

  1. On a Mission To Educate, Engage and Expand… 

Compared to most new projects that have been launching recently, the adventure of the BitDiamond team has started out in a reassuring, community-focused way, not preceded by any presale event and through a fair-launch mechanism that took place on May 1, 2021.

Since its inception, the project’s declared focus and mission has been three-sided – leveraging the power of the “3Es” – Engage, Expand and Educate”, with the latter being, according to this author, one “ethically-charged” goal worth spending a few words about. 

On one hand, the “Educate” part of BitDiamond’s mission brings a whole new upstanding flavor to the project, which also aims to transparently convey to the broader public (and mainly to the newcomers, who usually hang on the lower side of the crypto literacy spectrum) the fundamental principles of the crypto world in general. 

To this end, the BitDiamond team proactively updates its official blog (which also serves as the main source for announcements and news related to its products and services) through a series of articles called “Staying SAFU” and “Cryptobits”, each aimed to cover the topics of crypto safety and the milestones that make up our cryptoverse (AMMs, NFTs, etc…). 

That said, the heart and core value of the BitDiamond ecosystem relies mainly on its capability to engage in the remaining two “Es” of its mission – “Engage and Expand” – through which the team has concentrated its efforts in an attempt to bring to fruition a suite of innovative, gamified products for its user-base – and that’s where we will focus our attention next.

  1. BitDiamond’s Infrastructure and DApps

The BitDiamond platform offers a vast array of Gamified Decentralized Applications (powered via the Moralis tool, which granted the platform serverless DApp deployment capabilities). These DApps revolve 360 degrees around BitDiamond’s main BEP-20 token ($BTDMD). 

We will get deeper into the features of the $BTDMD in the tokenomics section but before delving into the numbers, it’s crucial to understand what the BitDiamond team has been capable to build so far (and, by the way, a more in-depth & complete guide about each NFT features, stats, and characteristics that will be mentioned below can be found here).

There are several sections and DApps that are being featured on the BitDiamond platform:

  • The Treasure Hunt DApp 

That’s the main DApp of the BitDiamond ecosystem. With the Treasure Hunt DApp the BitDiamond team wanted to recreate the kind of childhood excitement of a typical “Treasure Hunt” game… but on the blockchain. 

Basically, it’s a game where users can «hunt for treasure(s)» on the blockchain by simply clicking on the “Hunt” button inside the homonym section. Every hunt will then mint an NFT with an algorithmically derived image and characteristics based on probability. Each characteristic will have attributes that will generally increase a user’s chances of getting a rare item by holding so-called “game modifiers”, which yield various boosts.

These game modifiers will be either NFTs or they’ll relate to other blockchain characteristics (e.g. like the user’s balance of the BTDMD token held on the platform).

The combination of all the modifiers that a user owns will produce a total score that will be carried through when a user plays a Treasure Hunt game – therefore holding more game modifiers will produce a higher chance of getting a better, rarer result.

  • The Treasure Box 

As we’ve learnt earlier, the treasure hunting activity will randomly generate treasure NFTs. One cool thing is that there will be over 12,000 different possible combinations of characteristics for each NFT, making each combination truly unique. That said, each randomly generated Treasure NFT will become part of the user’s “Treasure Box” –  a section where all the items that the user has already hunted for are collected.

In this section of the personal dashboard, users will be able to filter the treasury items they own by rarity, power, and other characteristics that belong to Treasure NFTs.

Now you might be asking: ”That’s great, but what can a user do with Treasury NFTs once they’ve been minted?”

This question actually opens up to quite a few possibilities, which are intertwined with the other DApps on the BitDiamond platform.

  • the Bounties DApp 

The Bounties DApp represents the instant prize feature of the BitDiamond ecosystem. 

How does it work? There’s a special Bounties dashboard, where – at any given time – three specific NFTs are shown. If a user owns one of the Treasure NFTs whose features correspond to one of the bounty items being displayed, he/she’ll be able to automatically claim part of the big prize that has been accumulated over time (thanks to a tiny fee collected from users’ treasure hunts activities) and that is shown on top of the Bounties section.

  • The Trove Prize DApp

The BitDiamond Trove aptly represents its name, as it handles the grand prize of the ecosystem. It is similar to the Bounty DApp in the sense that it still relies on the ability to match the Treasure NFTs that a user holds with other predetermined NFT values. 

In this case, the trove is represented by the nine most rare Treasure NFTs – that means that getting these items via the treasure hunting activity will be particularly hard but also extremely rewarding. The actual grand prize is around 1,000,000 $BTDMD tokens and that amount grows over time (as we’re writing and at the token current price, 1,000,000 $BTDMD is around $7,000). So, if a user owns all of the rare-featured NFTs in the Trove section, he/she will be able to redeem them in exchange for the grand prize.

  • the Staking DApp

By staking BTDMDs on-chain, stakers will be able to increase their Treasure Hunt modifier rewards (by staking enough BTDMDs) and also collect a 4% fee that’s being distributed to each token holder after every on-chain transaction involving the BitDiamond token. 

  • the NFT Marketplace

Inside the NFT Marketplace, users can do a number of different things: they can create NFTs using IPFS, paying only BSC gas fees. They can also list and sell their NFTs to other users. For each sale, the platform charges a regressive 2% fee, which is reduced (and can completely disappear) the higher the amounts of BTDMDs held by the user.

In-game assets are also available inside the marketplace. These can be BitDiamond Treasure Hunt tools (which are NFTs that yield various power-ups) and also Treasure NFTs that other users may want to list for trading.

  • the Words of Power DApp

This is a fiction-based game with a prize on its own. Every week, the BitDiamond team will write a brand new work of fiction (think of a novel or a story) on BitDiamond’s Blog section. So a treasure hunt activity will be featured in the novel: there will be characters, there will be items, there will be power-ups for the game. 

And hidden in that novel, there will be 12 “words of power”  which will then be referenced to the Words of Power DApp. There won’t be any explicit mention of the specific words inside the novel, which will be “enshrouded” by riddles and clues. And if a user manages to find out the correct combination of the 12 words, he/she can insert them into the designated fields inside the Words of Power section, click on the “Transmogrify” button and claim the jackpot. 

  • the Leaderboard section 

Last but not least, the leaderboard ranks users based on the quality of the NFTs they’ve hunted – the users holding the rarest items will be featured in the top positions. 

That’s the actual suite of products that BitDiamond is offering to its users. In order to reap the greatest benefits from the platform, one token plays a pivotal role and by now you’ve probably come to the conclusion that that token must be BTDMD – therefore it’s all well and good (and just about time) to learn more about its tokenomics

  1. Tokenomics ($BTDMD)

As explained earlier, one of the distinctive features of the project is tied to its multiple-tokens-utility. 

BitDiamond differentiates its value offering by employing several (fungible and non-fungible) tokens: the value proposition encompasses $BTDMD (BitDiamond), BTDTRS (BitDiamond Treasure), BTDART (BitDiamondART), BTDCLM (BitDiamond Claim), BTDBNT (BitDiamond Bounty) and BTDTRV (BitDiamond Trove) – with each token fulfilling a specific role inside the BitDiamond ecosystem. 

So, to briefly recap: 

  • BTDMD is the platform’s flagship, BEP-20 token. Its main purpose is to be “the” store of value that more and more people will want to invest in and hold onto, as holding the token will yield several benefits across the BitDiamond ecosystem itself. We’ve already mentioned that, among other things, BTMD holders will benefit from Treasure DApp boosts, enjoy lower fees on the NFT marketplace and receive a portion BTDMDs after each on-chain transaction concerning the token.
  • BTDTRS plays the role of  “the Treasure Hunt” Non-Fungible token. Drawing an analogy from Crypto Kitties/CryptoPunks, this will be an algorithmically generated NFT that will inherit its many features, qualities, and characteristics via a random probability mechanism.
  • The BTDART token will allow users to generate their very own NFTs – just like OpenSea – in a user-friendly, intuitive, and easy way but without charge
  • BTDBNT represents another Non-Fungible token. These are like lottery tickets that can be redeemed for a prize whenever a BTDBNT NFT matches a treasure token owned by the user. If you’re a lucky winner, you will be able to immediately claim the corresponding prize, in a 100% decentralized, autonomous, and trustless way.
  • Finally, there are BTDCLMs, which are very special NFTs :  BTDCLMs are only generated in case you are eligible to claim one of the grand prizes that are put up for grabs by the BitDiamond team.

Now, getting back to the main character of the ecosystem, $BTDMD: the token is already listed and available for trading on PancakeSwap, PooCoin, and Indoex exchange.

Below are some key token metrics and features about the token:

  • The total supply is capped at 21,000,000 – 97% of which has been immediately added as liquidity, with a time-lock mechanism (via UniCrypt) that will release the tokens in 3-period tranches: 25% will be unlocked after one month, 25% after three months, and the remaining 50% after one year.
  • There is a fixed threshold on the maximum transactable size, which is capped at 210,000 tokens (this mechanism was set up as a measure to prevent “anti-whale-dumps”)
  • Each on-chain transaction involving BTDMDs incurs a 4% chain-agnostic fee, which is then distributed to the token holders.

The infographic below sums everything up pretty clearly:

‎‎‎

  1. The Roadmap

The phase-split calendar outlined in the infographic below doesn’t define a clear-cut timeline, although we know the platform has already gone through Phase 1 and is currently transitioning through phases 2 – 3. The launch of the Decentralized Autonomous Organization (DAO), is bound to be the next in line and will probably be coming in the very next future.

  1. Conclusion

BitDiamond is a project that, according to its founders, has been “built with the desire and intention of creating something that would have a long-term focus and aim”. 

Indeed, the team’s vision appears to go hand-in-hand with the declared intentions and seems extremely coherent with the project’s setup and positive traits: BitDiamond has not done any presales, but instead has undergone a fair-launch event, followed by a locked liquidity setup; furthermore, the project has already been audited by one the most reputable auditors in the space (QuillHash) and – icing on the cake – the team’s allocation of the token is almost non-existent (a bare 3%). 

On the practical side though, there’s still a realistically long way to go: the team will still have to undergo the so-called “baptism of fire”, where recently launched projects face increased competition in the cryptoverse, vying for a solid market positioning for their products.

According to this author, the gamified experience that BitDiamond offers at this time is delightfully original and rarely unprecedented in its form. While some of the platform’s DApps are canonical and commonly known (Staking, Marketplace), others like Treasure Hunt, the Trove, the Bounties, and – last but not least – Words of Power seem well suited to occupy a blue ocean niche. The synergy that these products, together, bring forward to the users is apparent – the Web App’s UI is very slick, and nothing in its design seems left to chance. User interaction is guided and gratifying, favoring a positive user experience, while playing the treasure hunter role is pleasantly addictive.

Now, the true question lies on whether the team will manage to build the necessary awareness and marketing hype, thus driving adoption around its core products and its BTDMD token, as new competitors emerge and the macro scenario evolves upholding a plausibly bullish (or unexpectedly bearish) future trend.

  1. Community and Social Channels (as of September 28th, 2021)

BitDiamond’s Website

For everything you need to know about BitDiamond, visit the official BitDiamond Website.

BitDiamond’s Telegram

Join the conversation on Telegram to stay in the know about BitDiamond. 

BitDiamond’s Reddit

To keep up with the latest updates from BitDiamond, follow them on Reddit.

BitDiamond’s Twitter

Get in touch and social with other members of BitDiamond’s community. Join the community on Twitter.

Legal Disclaimer

Both Satoshi Club and the article’s authors are not providing readers any individually tailored investment advice. The article does not constitute financial advice. The material is for educational purposes only and Satoshi Club nor any of its authors are responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

AMA Satoshi Club Russian x PufferDefi Russian, September 30th

We are pleased to announce our next AMA on September 30th, 2021 at 11:00 AM UTC Time: Satoshi Club Russian x PufferDefi Russian

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Russian Satoshi Club Telegram group
👉 Join PufferDefi Russian Telegram group

We will have the following structure:

Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. PufferDefi Russian Team will select 5 questions and answer them.

For more details:
PufferDefi Russian – @pufferdefi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Waterfall x Satoshi Club AMA Recap from 28th of September

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 Waterfall and our guest was @Yosemite_0x – representative of Waterfall. The AMA took place on the 28th of September.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

Andrés M. | Satoshi Club:
Hello, community. Welcome to another AMA session, today we are going to learn about Waterfall project👏😁

Tom | Waterfall DeFi:
👍

Andrés M. | Satoshi Club:
@Yosemite_0x welcome to Satoshi Club

Tom | Waterfall DeFi:
Thank you for having me.

Excited to talk about the project with the Satoshi Fam!

Jonah 🏅🎹 | Satoshi Club:
We are happy to have you join us here today @Yosemite_0x

Andrés M. | Satoshi Club:
We are excited as well, very interesting project you have 😃

Tom | Waterfall DeFi:
Thank you!

Andrés M. | Satoshi Club:
But let’s begin talking about you, Tom. Please give us an introduction about you and your experience in crypto and waterfall.

Tom | Waterfall DeFi:
Sure thing!

I am the Project Lead of Waterfall DeFi, the risk tranching protocol offering structured risk products to the DeFi space…I started off my crypto journey back in 2017, my buddy was at MIT Lab and was using the lab to mine ETH, so I kinda joined on his bandwagon, and have been on and off since then.

Gradually during last year’s DeFi summer, I decided to put more attention into the space, looking into yield farms and applications of derivatives, and finally, earlier this year decided to go all in, and take on the Project Lead role for Waterfall DeFi.

Before going full time in crypto I was working in management consulting, operations, and strategic planning, having worked at McKinsey & Co, before moving to a food delivery tech unicorn Deliveroo. As the Project Lead in Waterfall DeFi, I am basically in charge of handling everything and making sure Waterfall gets to become one of the projects that stands out across the space and offers what the DeFi community needs especially in terms of risk management options in yield farming.

👍

All good – I am done 🙂

Jonah 🏅🎹 | Satoshi Club:
👏 Hope you brought some food to deliver to us… 😁

Tom | Waterfall DeFi:
Hahaha.

Andrés M. | Satoshi Club:
Interesting story, great road that brought here with us 😃

Now, what is the essence of Waterfall and what are the main products you offer to the public?

Tom | Waterfall DeFi:
So Waterfall DeFi is a yield aggregator protocol that aims to bring true risk tranching to the DeFi landscape.

We are built on BSC initially and would develop portfolios that include different farms. Instead of just offering a yield aggregation product, we actually would slice the portfolio into different “tranches” – essentially each tranche represents a risk/reward combo that would allow the users to select

The senior tranche would receive a reduced yield return, in exchange for first lost protection. Junior tranche would receive a much higher, leveraged yield return, but their capital is used to cover any losses suffered from the portfolio.

For example – a portfolio with 10% expected yield, after we slice it into 2 tranches, the senior tranche will receive 5% return, while the rest will flow to the junior tranche. So in a perfect world, the junior tranche will get 15%

The senior tranche is essentially using their future return to buy protection against any capital lost

So in this example – if the farm underperform and the return is only 3% – senior will still get their 5% (as they are being paid out first), while junior might see a 2% lost in their capital

Like I mentioned earlier, we are launching first on BSC, with the first portfolio focusing on 3 BUSD farms. Going forward, once we are more matured and the community is more educated to the product, we will be pushing out not just safe, sustainable return package with major farms and high TVL, but also risky leveraged products and new farms with high APY

Goal is to create different types of investment options and risk factors that users can select based on their preference!

In essence, we are offering a product that is engineered to allow users to optimize their risk in their yield farming strategy

Tom | Waterfall DeFi:
Done.

Jonah 🏅🎹 | Satoshi Club:
An interesting concept I must say

Are there already plans of integrating other chains?

Andrés M. | Satoshi Club:
Great, I agree with my mate, very interesting proposal.

Tom | Waterfall DeFi:
In our opinion BSC is the second most mature defi space, with a lot of mature, high TVL farms right now, and the gas fees are negligible.

That being said, this is just the first step, and we are actively looking at expanding into other blockchains in the near future

Jonah 🏅🎹 | Satoshi Club:
Great.. 😉

Andrés M. | Satoshi Club:
Why not ETH network?

Tom | Waterfall DeFi:
The gas fee involved would be too much, so we decided to explore BSC first for the efficiency purpose

Expanding to Solana and other EVM-compatible chains is on the roadmap, EVM side is easier since most of the codebase can be reused, Solana we will expand our team with rust developers to do the work

Jonah 🏅🎹 | Satoshi Club:
Great choice for the start….

Andrés M. | Satoshi Club:
Completely agree, great strategy.

Thank you so much for your answers Tom. We have collected the best community questions for you, ready to proceed?

Tom | Waterfall DeFi:
Yes sir!

Q1 from Telegram User @bigboicity12

I think many people here are quite interested in $WBT, both utility and structure. How $WBT works as a utility token for the network. How it benefits both the network and the owner. Is there any reward mechanism for holding $WBT? What are the benefits of holding? Also what is the competitive advantage of Waterfall Bot? What advantage do you have that other competitors don’t have? How do you plan to compete with similar competitors in today’s market in terms of scalability, security, features and adaptability?

Tom | Waterfall DeFi:
Thanks for the question @bigboicity12.

But I have to correct you first, our token is $WTF not $WBT.

Our project is fully committed into making the protocol as decentralized as possible. Even our team members are formed across the world of yield farming strategists and DeFi OGs.
As in our tokenomics, we have committed 60% of the tokens allocated to our community, via user incentives like staking, liquidity provisioning, public sale and our treasury — the usage will be decided in our future DAO.

For more information about our tokenomics, can refer to this article: https://medium.com/waterfall-defi/waterfall-defi-token-metrics-aead80c89627

There are three major use cases for our tokens:

  1. You can stake our token to earn the governance token, which in terms would allow you to vote on upcoming protocol decisions such as approving new portfolio strategy
  2. Holders of our governance token would have the right to earn a portion of the transaction fee we charged from users
  3. Going forward, users with our governance token can propose their own risk tranching products and earn structuring fees

As for our product’s edge, there are a few similar concepted protocols in the space now, and Waterfall is a bit different from them due to the following features:

Diversification
Our portfolio strategies package multiple DeFi assets and yield farms to ensure risk and return diversification
In the future, we aim to include more diversified assets to ensure an abundance of options for the community.

Clear tranche differentiation
A TVL limit is set initially for each tranches in the initial launch to ensure clear tranche differentiation
Going forward will lift the limit but will introduce dynamic reward to incentive optimal user behavior

Three tranche approach
We will launch with a three-tranche product, expanding the optionalities for the community

Fixed income product
Will introduce a fixed income product by locking up the user deposit for a fixed period of time (seven days) during the deployment period

Tom | Waterfall DeFi:
Done.

Jonah 🏅🎹 | Satoshi Club:
What is your governance token?

Tom | Waterfall DeFi:
veWTF

Which user will get by staking WTF token they earned from using the protocol.

Andrés M. | Satoshi Club:
It sounds like a great option to invest, where and how we can buy $WTF?

Tom | Waterfall DeFi:
Haha – public sale is coming soon, stay tuned and follow our social for the latest updates!

Jonah 🏅🎹 | Satoshi Club:
Awesome…
for the transaction fees that governance token holders will earn is there a fixed percentage they will get?

Andrés M. | Satoshi Club:
We can’t wait 😁, so how much is the max supply?

Tom | Waterfall DeFi:
The percentage will be based on the portion carving out from the total pool, as well as the # of veWTF out there (aka how many people stake).

Total supply is 100M, initially we will have 5M in circulation.

🤔But ser…where’s the tok…tok…tokenomics?

😉Okay it’s here, go check it out, the tokenomics of our native token $WTF, featuring:
1️⃣It’s allocation
2️⃣It’s supply schedule
3️⃣It’s usage (besides governance)

☀️Follow this link: https://medium.com/waterfall-defi/waterfall-defi-token-metrics-aead80c89627

Tom | Waterfall DeFi:
Can refer to our tokenomics for more info 🙂

Jonah 🏅🎹 | Satoshi Club:
So the more the number of stakers the higher the percentage??

Tom | Waterfall DeFi:
Depends on the proposal where users will need to approve on 🙂

Andrés M. | Satoshi Club:
Thanks for share it😃

Jonah 🏅🎹 | Satoshi Club:
Ok.. I get it 👍

Andrés M. | Satoshi Club:
Thank you so much for the clear answers Tom. Would you like to add something before the next question?

Tom | Waterfall DeFi:
I am ready for the next question 🙂

Q2 from Telegram User @Jmagsss

Initially, Waterfall DeFi will be offering its users its own constructed and well-planned tranche strategies, starting from the three-tranche-system. To increase the options and choices of the users, does Waterfall Defi accepts proposals for new and alternate tranche strategies coming from its community? If so, can you tell us how can the community submit their proposals/suggestions? Will the they be compensated/rewarded if their proposal be selected and approved by your team? Also, do the community DAO have a say to this matter?

Tom | Waterfall DeFi:
Yes – going forward users originated product is on our roadmap.

Users who have certain amount of veWTF tokens would be able to proposal potential products, and if enough upvote is reached from the community, we will be evaluating the possiblity, tech involved and risk profile. If it passes the evaluation, we will be packaging that into a proposal to hand to the governance DAO for voting.

If the DAO approves, user structured product will be live, and the user will earn a share of the transaction fee associated with this product.

This is on our roadmap, our first step is to ensure the product launch is smooth – so these will be upcoming product improvement.

Done

Jonah 🏅🎹 | Satoshi Club:
The project team does the Evaluation right??

Tom | Waterfall DeFi:
The project team will evaluate the tech involved and how to operationally realize it

Where the DAO will vote on the green light or not.

Jonah 🏅🎹 | Satoshi Club:
👍

So is the DAO all about a proposal of new products only, how about proposal for certain actions or decisions to be made on already existing products?

Tom | Waterfall DeFi:
Those will also be part of the DAO function – which we will be working with the community to decide on how it will be constructed

Jonah 🏅🎹 | Satoshi Club:
In that case no trasaction fee earnings for the proposer right??

Andrés M. | Satoshi Club:
What else is coming? Please share us your roadmap

Tom | Waterfall DeFi:
% of transaction fee to proposer/constructor will also be something that would need to voted by DAO if there is any changes.

Jonah 🏅🎹 | Satoshi Club:
Awesome 👍

Tom | Waterfall DeFi:
Sure thing – here are our rough timeline:

2021 Q3 – initial funding, product development, initial marketing
2021 Q4 – public sales, test and v1 product launch, with BUSD stablecoin farm introduced
2022 Q1 – v2 product launch, introduce DAO, expand selection of DeFi assets in the portfolio, and user originated portfolio
2022 Q2 – v3 product launch, introduce variable and perpetual expiry tranches

Jonah 🏅🎹 | Satoshi Club:
Thanks for sharing.. 👍

Andrés M. | Satoshi Club:
Excellent, great events🥳

Well, let’s proceed with the next question

Q3 from Telegram User @linnlinnn197

I see Waterfall’s management team has 3 people mostly with experience in the areas of strategy and asset management, but no one has certain expertise in security. While it is important for DeFi projects to attract users to invest and Yield and Pool today is security. In April 2020, Uniswap and Lendf.me were stolen $25m by hackers, or the latest Vee Finance. Can Waterfall confidently tell me if there are any team or advisors who are security experts to support the project?

Tom | Waterfall DeFi:
So the 3 are just key members of the team, we also have developers that have years of experience in block chain and we take the issue of security very seriously

So there are two types of risk that we will be facing

  1. protocol risk – basically how secure our code is
  2. 3rd party risk – basically how secure our partner’s code is

For the first one – we take matters very seriously, and are now working with our auditor, Slowmist, to engage on contract review. Already got their initial feedback and only some minor comments (Thank god!), and we are revising the code and discussing with them again. Soon we will be releasing our audit report for you all to see. Going forward, we will continue to engage auditors and our partners’ tech team to undergo peer review, and making sure we are constantly reviewing our code to ensure security

For the second one – We usually would evaluate the risk involved in different crypto assets based on a couple of factors, including: the reputation of the team/protocol, amount of TVL committed by the community, the sustainability of the yield return, etc.

That’s why we introduce 3 BUSD stablecoin farms that all have high TVL and sustainable yield, which is the most secure / safe approach to engage with our first ever product launch. We will also limit the TVL for our first product to ensure we can plan for a smooth launch.

Jonah 🏅🎹 | Satoshi Club:
Impressive.. 🥳

Andrés M. | Satoshi Club:
Security first. Great job caring about that important topic

Tom | Waterfall DeFi:
Absolutely.

Jonah 🏅🎹 | Satoshi Club:
What are the three farms?

Tom | Waterfall DeFi:
Those are BUSD farms in

Alpaca Finance
C.R.E.A.M. Finance
Venus Finance

Andrés M. | Satoshi Club:
What are the most important features of each of them?

Tom | Waterfall DeFi:
So for us – they all have high TVL (over 1B) and have provided a sustainable returns for users – thus become the perfect first product.

Which allows our users to try and get familiar with the concept, before we can go ahead and start tranching more exciting products 🙂

Jonah 🏅🎹 | Satoshi Club:
So can we proceed to the Next question?

Tom | Waterfall DeFi:
Yes.

Q4 from Telegram User @jodasf

I have read that each portfolio is “divided” into different tranches, where the principal and yield are redistributed according to the seniority of the tranche and that users can choose in which tranche to deposit funds based on their expected return and risk appetite. could you tell us, how many types of tranches exist, what are their differences and what advantages do each of them offer to users?

Tom | Waterfall DeFi:
So let me first give everyone a brief update on what “tranching” is.

In the Tradfi world, any structured products that have been:
(1) backed by a pool of income-generating assets;
(2) repackaged into different risk classes based on their repayment seniority known as “tranches”;
(3) then sold to investors,
would have leveraged the practice of “Risk Tranching”.

Risk tranched products are further categorized as “senior” tranches and “junior” tranches. Interest and principal payment is first paid back to the most senior tranches as they carry the least risk. Junior tranches on the other hand generate a higher yield to compensate for undertaking a higher default risk and will receive the remaining principal and interest.

To visualize this, imagine every risk tranched product as a series of waterfalls. The senior tranches are the beginnings of the stream, starting at the mountain tops and taking their fixed percentage yield while the junior tranches will receive the remaining runoff. When the market is doing well, yield increases; like a rainstorm overflowing the river banks the junior tranches receive a higher cut as senior tranches are only entitled to their fixed percentage yield. Vice versa, when the market is in decline, yield decreases, like a drought where senior tranches remain entitled to their fixed cut as junior tranches are left with only droplets.

So for our first product, we will have 3 tranches
Senior
Mezzanine
Junior

And the risk factor (as well as reward %) is proportionally increased.

The more senior the tranche – the earlier they will be getting the return when the yield is being distributed, thus their risk is covered by the more junior tranches. As a result they will also give up a portion of their future earnings to the junior tranches in return for this protection

The junior tranche would have a leveraged yield, but also absorb a lot of risk (essentially covering for the whole portfolio) if the underlying assets start to underperform

So it is basically a pool where users can hedge among themselves, and people who have higher risk appetite can absorb the unwanted risk from more conservative users, but with a fee

Jonah 🏅🎹 | Satoshi Club:
Awesome. The higher the Risk the more the reward 👍

Tom | Waterfall DeFi:
Yes sir!

Andrés M. | Satoshi Club:
More risk, more earns. But is there any established APR for staking?

Tom | Waterfall DeFi:
So users will earn base yield from the farm, as well as WTF tokens when you use our product.

Meanwhile if they stake their WTF token for our governance token veWTF, they will earn additional WTF too.

Andrés M. | Satoshi Club:
Oh excellent.

Tom | Waterfall DeFi:
The APR of that staking will be depended on the number of WTF being staked – as our token emission is set on a weekly basis for the community farming token part

Jonah 🏅🎹 | Satoshi Club:
I also want to ask.. how do your users participate in each of these tranches?

Andrés M. | Satoshi Club:
Thanks for the clarification😃👏

Tom | Waterfall DeFi:
So when our product is live, you can click into the portfolio and will see all three tranches available for deposit, and associated return % will also be shown – this way user can freely choose which option goes best with his/her strategy

Andrés M. | Satoshi Club:
Great financial product, congratulations to your team

Tom | Waterfall DeFi:
Thank you.

Andrés M. | Satoshi Club:
Ready to go with the 5th question?

Tom | Waterfall DeFi:
Yes!

Q5 from Telegram user @meml97

It caught my attention that there is a reward system on the Waterfall platform called “Risk Reward”, can you tell us more about it? How does this Risk Reward system exactly work? What risks do users need to take to be able to receive this reward and on what kind of characteristics will this reward system be based on? What users can be considered to receive said reward? Will it be available for every user that takes certains risks within the platform and their investments or do they need to meet other characteristics as well? Also, what kind of reward can they receive from this system to make it worth the risk taken?

Tom | Waterfall DeFi:
So this risk/reward is quite related to what we talked about earlier.

Basically different tranches will have different risk level, and that depends on the seniority in receiving the yield.

Tom | Waterfall DeFi:
Can refer to this.

And once the product is live, users can see the est. return % for each tranche, and decide if the risk is worth the reward they potentially can get 🙂

Tom | Waterfall DeFi:
Let me use an example for this.

Andrés M. | Satoshi Club:
Please😃

Think of this:
Alice and Bob are two big whales. They both love yield farming and enjoy the high APY offered in the DeFi space. Alice is very aggressive with her capital: she likes putting her money into the latest yield farms that offer crazy high APY. Bob is conservative with his capital: he prefers having a guaranteed return of yield that endows him a stream of fixed cash flows over time.
The thing about yield farms is even DeFi’s biggest farms contain a certain risk of a full loss of capital due to protocol attacks, and the returns in yield farms often vary so that a guaranteed and predictable return is difficult to achieve.

To solve this, we ask Alice and Bob to bundle their capital together as a whole and deploy into farms, so they are now a farming fund which Alice and Bob have 50% of ownership to the fund respectively. Suppose the predicted APY is 20%, Alice and Bob should be splitting the yield half-half, getting half of the yield each. However, as Alice is looking for high yield and doesn’t really care about risks, while Bob is looking for low risk and predictable return, Alice and Bob can negotiate a deal: As the yield starts getting farmed, say 20%, Bob will receive a fixed amount of yield first, say 8%, and the rest of the yield, 12%, goes to Alice. This doesn’t seem fair right? Both contributed the same amount of capital however Bob is getting less yield than what he deserves. However, imagine now the yield farms perform poorly and the yield generated is only 15%. Bob will still get his fixed payment: 8%, while Alice’s only getting 7%.

Now you see the idea: Bob is sacrificing his some of his fair share (8% vs 12% under 20% APY situation) plus potential extra yield gains (8% vs 16% under 24% APY situation) to Alice in exchange for maintaining the stability of his yield returns, and hence Bob transferred his portion of yield volatility risk to Alice, which Alice accepts taking on the extra risk in exchange for higher returns under situations when yield is equal to or better than expected. If Alice did not enter such agreement, her share of yield will be split equally, getting only 10% instead of 12%.

Tranches, as a concept came from TradFi, can be viewed as categories of risk and rewards in a pool of capital: a senior tranche in Waterfall DeFi is the fixed yield return side with the highest priority to receiving interest payments (a pool of many Bobs); while a junior tranche is the variable yield return side with the lowest priority to receiving interest payments (a pool of many Alices). Through tranching a pool of capital put into DeFi yield farms, users will have the autonomy to choose their desired balance of risk versus rewards, or essentially, insure their capital against yield volatility without upfront payment.

Jonah 🏅🎹 | Satoshi Club:
Very long let me read 😁

Tom | Waterfall DeFi:
🙂

Andrés M. | Satoshi Club:
Perfect explanation, a good investment for each kind of investor

Tom | Waterfall DeFi:
We try to cater to all the needs 🙂

Jonah 🏅🎹 | Satoshi Club:
This is an Excellent Example I’m sure we have both Alice and Bob in this Club reading this 😁… And the ones in between as well

Andrés M. | Satoshi Club:
What about little investors, junior pool is a good investment for them?

Andrés M. | Satoshi Club:
I mean, a low amount of tokens is needed, right?

Tom | Waterfall DeFi:
I would say each pool is not chosen depends on the size of the investors.

but rather their appetite for risk

Andrés M. | Satoshi Club:
Oh got it

Tom | Waterfall DeFi:
So if someone is small investor, but want a more secure / protected option, totally fine to take on the senior tranche.

Jonah 🏅🎹 | Satoshi Club:
Oh yeah..

Andrés M. | Satoshi Club:
Perfect explanation. Now, we are ready to proceed with the final question of this first part of the AMA

Tom | Waterfall DeFi:
Yes

Q6 from Telegram user @yellowchamp

I found out in one of your document that Waterfall Defi will give a platform revenue share in which the platform will charge a Redemption Fee at the time of withdrawal. A portion of the redemption fee collected by the platform is distributed to the WTF token stakers. How much is percentage rate of the redemption fee while withdrawal in your platform? Is the redemption fee is the fee aside from withdrawal fee in your platform? As stated that a portion of the redemption fee collected by the platform is distributed to the WTF token stakers ,so what is allocation of the other portion of Redemption fee? As you give a platform revenue share which is the redemption fee,is it only for stakers of WTF tokens? How about the token holders that does not stake how would your platform incentivise or reward them? Thank you.

Tom | Waterfall DeFi:
Platform revenue share is our commitment to share the protocol generated revenue to our community — the ultimate protocol owner, and the staking system is a good way to distribute rewards according to users’ holdings of the WTF token, hence a way to incentivize our community to lock up their tokens and maintain a steady supply growth.

The percentage rate of the redemption fees allocated to stakers is yet to be decided, and we will review the redemption fees we have collected from our tranched products first when the time comes… together with the token reward in WTF we want to ensure our community is rewarded for their contribution to the protocol (for example via liquidity provisioning/governance voting)…

In the future as the protocol grows to be further decentralized the DAO will be able to vote on the proportion of protocol fees going into stakers’ pocket versus foundation’s wallet… note that the profits generated for the foundation will be used for making sure devs are incentivized properly and maintain the Waterfall ecosystem growth, so it’s an important topic we must grind through a lot of internal discussions first before having a definite answer.

Done

Andrés M. | Satoshi Club:
Congratulations, I think the community is the pillar of the projects and main rewards should be for them

Tom | Waterfall DeFi:
Yes, sir – community is what makes and breaks a project.

Jonah 🏅🎹 | Satoshi Club:
Yes I agree with you on this as well

Andrés M. | Satoshi Club:
And that makes 6/6 great questions answered🥳🥳. Thank you Tom for your time and clear answers, we are happy to have you here

Tom | Waterfall DeFi:
Thanks for having me.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Pavel_Jarosh
Talking about BUSD Falls – a portfolio of three carefully selected BUSD stablecoin lending vaults on BSC (Binance Smart Chain): Alpaca Finance, C.R.E.A.M. Finance and Venus. Could you explain why these particular coins were selected and if they are still a subject of being substituted by more efficient or stable by a certain period of time? How do you protect your investors from the drops of each of them? Thank you!

Tom | Waterfall DeFi:
So I stated earlier, these farms were picked because of their relatively high TVL (>1B on the protocol) and sustainable return. That being said I do want to address the second part of the question in detail – as we proceed, we will be expanding into other type of products for different type of portfolios (LP tokens, NFTs, staking in PoS chains, etc. – the sky is the limit), and we will be working with the community to figure out which are the products that they would like to see us tranche.

There are more and more products popping up in DeFi these days, and we truly believe diversification is going to be the key value add our protocol can bring to the community.

As for protection of drops – we pick these sustainable farm for the fact that their return is relatively stable, hence won’t have too much swing that might see huge drops. That being said, there are users who actually WANT to have high risk products, as they see those high return is what attracted them the first place into DeFi, so as a result we will be opening up with different products, ranging from safe to risky – so that users can pick which one they like most and engage

Q2 from Telegram user @rinnguyen
Do You plan to Include more “Diversified Assest” on the Platform so that Community will have more Options to choose From?

Tom | Waterfall DeFi:
Great question. Diversified capital allocation is one of our selling point of our tranched products — once the deposit pool is full, the capital collected from our product users will be deployed into multiple farms, allowing a diversified set of yield return that we aim to minimize the individual farm specific risk, and ensuring the probability of the senior tranches getting their returns in case of a default.

Eventually we will expand the portfolio of farms our products will be working on, for example a portfolio that includes some new farms in the space with higher and riskier APY, emerging EVM blockchains such as Fantom has got some of the newly emerged farms that has caught our eyes too! Tarot is one of them and of course we will need our protocol and our first product the BUSD Falls getting mature first before making the next move…yet the space is always inspiring us to try new stuff… beyond diversified farms we will also be looking for offering our community a diverse set of risk tranching options — from stablecoins to LP tranches, and in the future maybe we could do risk tranching of gamified NFT products? or tranching the risk of Layer 1 staking protocols/systems such as Lido or Polkadot nominations? The limit is probably our imagination and it’s up to us to expand and discover what the community and the space needs.

Q3 from Telegram user @SHELBYWINAMA
I noticed the WaterfallDeFi project is the only project that can unlock the true value of tranching, which is “COLLERATION”. So can novice users understand and can you tell novices if it’s a COLLERATION? And how does GBV work to help you succeed?
Can you explain it?

Tom | Waterfall DeFi:
Thanks for paying attention to our investor, #GBV is our lead investor and has been tremendously helpful in helping us to get this project up and running. We are working closely with them and leveraging their knowledge and experience in the space to further optimize our product. They actually have a full team of experts that have tremendous experience in both TradFi and DeFi, and they have a very wide ranging investment portfolio too, so we are extremely thankful to their advice and support.

So correlation is the the fundamental concept behind risk tranching product – so in simple term, when you trade stock, you trade on price, when you trade options, you trade on volatility , and when you trade risk tranching products, you trade on correlation

Correlation means the relations between each assets’ performance, so if one goes up would it affect the others. This is why we are tranching a diversified portfolio, making sure that the correlation of the farms inside is smaller, thus achieving a diversified portfolio – reducing the risk while pushing up the yield.

For more information, we welcome you all to check out our investor GBV’s investor comment

https://medium.com/waterfall-defi/investment-team-comments-1-gbv-81621ee125de

Q4 from Telegram user @Apollo_0055
A-Increasing Token price
B- make Token Valuable
C-Building Community Trust

From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??

Tom | Waterfall DeFi:
I would say C…. and AB come along… I understand the token price and the market capitalization of a project is one of the most important metric our community will look for, and there’s no wrong in that.

Essentially our tokens having a value in the decentralized world indicates the economic value of having an ownership and governance to our project… Building community trust is through constant hardwork and diligence, which we have been and will be continuing our efforts to provide what the DeFi space currently lacks of — a way to restructure risk and reward properly and efficiently….we hope that through using our products the DeFi community will be able to execute their risk management decisions at their fingertips, and this is how we build our protocol and keep adding value to it.

The tranched product space is TradFi is really huge, we hope to apply this in the decentralized space allowing the transfer and restructure of risk happens without a middle men(or all under a smart contract we could say)….and therefore gaining demand for our products no matter our users want leveraged yield (degens) or a stable return (institutions)!!

Q5 from Telegram user @Ajpaa
This multiple trenches slices portfolio of DeFi assets into different risk-adjusted return, enabling both risk-dislike investors and high risk-tolerance investors to generate expected returns from the same set of DeFi assets. What is the difference between the Senior, Mezzanine and Junior Trenches and how do they work? What is the set of unique expected yield, risk, security and maturity each of these trenches offer? Lastly how is the cash flows generated from the underlying yield-generating assets paid to these trenches in a waterfall manner?

Tom | Waterfall DeFi:
So I have explained how the tranche work earlier, basically junior users will take on additional risk from the senior, while senior in return pay that through some of their expected future yield.

As for the waterfall manner – we are basically will deploy the portfolio once each tranche’s TVL cap is hit, and after a set period of time, the pool (principal plus yield) will start to distribute the yield out, and the yield will flow from the most senior tranche to the most junior tranche, just like how water flow from a Waterfall, up from a higher platform and gradually drip to the bottom platform.

Something like this

You can see the flow of yield in a graphic representation 🙂

Q6 from Telegram user @highpee
I have seen that you have reserve the largest share, 45% of total $WTF supply to community. This is a laudable commitment. How will community earn from this? How will you share this community allocation? Will it be through Airdrop?

Tom | Waterfall DeFi:
Thank you for the kind word, and we definitely think this is a community-based project, with ~60% of the token (Community + Treasury) dedicated to the community

So there are multiple way to earn WTF tokens from the community pool, either through

  1. Using our protocol, and earn via farming
  2. Stake WTF token in exchange for veWTF governance token and farm additional WTF
  3. be our LP provider

Emission of the token is on a very carefully planned schedule, so we will have only a fixed amount being available every week once we launch, so users will earn WTF token through engaging in different actions listed above.

Airdrop and other marketing related effort will also be ways for people to earn our token, but those won’t be coming from the community pool, as we envision the community pool will be used purely for farming/staking related actions.

Q7 from Telegram user @Rakshhitx5
I know the meaning of waterfall but how it relates to your project? Why did you choose the waterfall name for your project? Any specific reason or do you just like Waterfalls? 😉

Tom | Waterfall DeFi:
Waterfall is a pretty well known terminology in TradFi to describe risk tranching products. Let’s try to visualize this, imagine every risk tranching product as a series of waterfalls. The senior tranches are the beginnings of the stream, starting at the mountain tops and taking their fixed percentage yield while the junior tranches will receive the remaining runoff.

When the market is doing well, yield increases; like a rainstorm overflowing the river banks the junior tranches receive a higher cut as senior tranches are only entitled to their fixed percentage yield. Vice versa, when the market is in decline, yield decreases, like a drought where senior tranches remain entitled to their fixed cut as junior tranches are left with only droplets.

Q8 from Telegram user @Rosane1a88
The target of Waterfall DeFi are the decentralized financial markets. This type of markets solved several problems that exist in centralized environments. What weak points still exist in decentralized markets, and how is Waterfall DeFi going to solve them?

Tom | Waterfall DeFi:
Sure… essentially in the DeFi space everything is about composability — building on top of each other and together we build the grant vision of making finance decentralized, accessible and cost effective… In Waterfall DeFi our pools are deployed on top of yield farms first in Alpaca, Venus and CREAM Finance on BSC…

As our product suite grows we will deploy on more farms, and then LP risk tranching products we would then essentially helping out our AMM partners to have a rigid enough liquidity pool… and for our own products as we are restructuring risk and rewards we expect protocols to build on top of us and leverage our offerings as well! There are many innovative ideas waiting to be dug out and build out…always stay tuned to Crypto Twitter and Telegram communities to find out the latest trend and what’s getting discovered, we are happy to be a part of the DeFi lego and together we are strong!!

Q9 from Telegram user @jazzmusic2000
Can you tell us about governance at Waterfall? How will your DAO be structured initially? To what extent will the community have the power to decide on the ecosystem?

Tom | Waterfall DeFi:
We have been through a lot of discussions of a proper governance model to ensure a DAO with proper democratization

An initial plan will be two multisigs with one as the Treasury DAO — with keyholders that we will invite industry leaders, our core devs and possible a few community long time ambassadors, and an Operation DAO

That as the question mentioned, getting our daily operations managed by our team, the Waterfall community and the DeFi community

And eventually in the future we envision our tranched products to be structured by the decentralized community, and whosoever structured great tranching products that offer optimal risk and return combinations that are used by the DeFi community will earn the structuring fees!

In the future we will keep looking for new industry standards of implementing and upgrading our DAO, there are so many new thinkings and ideas coming up in this space, we are also excited to explore more with the community as we build this project together

Q10 from Telegram user @JoanaZ
Waterfall will be good but it only will focused on the Risk Traching products? or Will “touch” other defi fields?

Tom | Waterfall DeFi
Alright this for the last one.

💫 The target of Waterfall DeFi are the decentralized financial markets. This type of markets solved several problems that exist in centralized environments. What weak points still exist in decentralized markets, and how is Waterfall DeFi going to solve them?

Personally I have to admit that the DeFi space is quite new, a lot of ideas are getting experimented, some failed, some obtained great success and getting used everyday…

Perpetuals are one of the super hot application in DeFi space while some of the algorithmic stablecoins are having a hard time… and it’s okay! Great thing about DeFi is it’s built by the community, owned by the community, and therefore you and I are always the leader in the space, finding out what’s next and what could be achieved. In terms of weak points i suppose it’s in terms of the scalability trilemma in blockchains, which is security scalability and decentralization, it’s very very difficult to have the three achieved simultaneously and therefore current DeFi space is waiting out for this to be built our by the finest elites in the layer-1 world….

For us as a part of the ecosystem my job is to keep my head down and building out what me and my team can build and add value to the space, and together with a place governed by the decentralized community I am sure the decentralized markets will be stronger everyday!

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Waterfall. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Waterfall Telegram community: https://t.me/waterfalldefi
Twitter: https://twitter.com/waterfalldefi
Website: https://waterfalldefi.org

AMA Satoshi Club x Dehealth, September 29th

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

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Dehealth 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. Dehealth Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Dehealth

For more details:
Dehealth Website – dehealth.world
Dehealth Telegram – @dehealth
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Cryptia, September 27th

We were delighted to welcome our guest from Cryptia. The AMA took place on September 27th, 2021 and our guest was @long_nguyen_h.

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

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

Gold Rocket | Satoshi Club: Dear Satoshi Club! We are pleased to announce AMA with Cryptia.😻

Paul Mont | Satoshi Club: Our guest is @long_nguyen_h ! Welcome! It’s a great pleasure for us to have you here at Satoshi Club 🔥🔥

Long Nguyen: Hi everyone, my pleasure to be here with you guys, and many thanks to your interest in our project. My name is Long, co-founder and CEO of Cryptia. I’m here to answer anything you’d like to know about our project. Hope we will have a nice conversation together.

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club @long_nguyen_h😊

Paul Mont | Satoshi Club: We’re truly fired up, excited to know more about Cryptia 😉

Gold Rocket | Satoshi Club Nice to e-meet you 😊

Long Nguyen: Seems like we just had an AMAs right before, hope you guys are not tired yet 🙂

Long Nguyen: Nice to e-meet you @GoldRocket27

Gold Rocket | Satoshi Club: We’re on fire! 😁🔥🔥🔥

Gold Rocket | Satoshi Club: And we really love all our guests❤️❤️

Paul Mont | Satoshi Club: The netiquette of our AMA requires a brief introduction on your part 🙂 Please tell us more about yourself and your role in the Cryptia project @long_nguyen_h 🙂

Long Nguyen: Thank you for your question @claudia_paul . Again, I’m Long CEO of Cryptia Project, the one who will do everything in order for the project to be successful.

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of Cryptia?

Long Nguyen: About myself, I am a programmer and gamer. Computer is love back, and game is part of my life. I was lucky enough to have my undergrad in Keio Univ Japan and Grad in Univ of Pittsburgh USA. Love to be part of different cultures. Game and Technology are my favorite and that’s why I’m here with this project.

Gold Rocket | Satoshi Club: Great background👏👏👏

Long Nguyen: Cryptia is a new NFT Game developed from Japanese Game Company. Super beautiful, complex and nice gameplay that gamers will enjoy a lot. Apart from play-to-earn mechanism game contents and active community will make big difference in our game.

We want to have a long-term entertaining game for gamers in NFT – blockchain technology. Of course AAA-rated games are great but the time for them to reach out to gamers in blockchain will be long, maybe 2-3 years. At this time, simpler games like ours with great gameplay will reach people both inside and outside blockchain world.

Gold Rocket | Satoshi Club: you are one of those people who love progress 😁

Long Nguyen: May I post some graphics for my game introduction, I think it will be better for our audience. I myself don’t like long type also haha

Paul Mont | Satoshi Club: Please do so 🔥🔥

Long Nguyen:

Gold Rocket | Satoshi Club: And this is already interesting😁

Long Nguyen: You are really nice Paul 🙂

Paul Mont | Satoshi Club: Love the art 😍

Gold Rocket | Satoshi Club: Is this a warrior girl? 😁

Long Nguyen: Yes she is, and currently she has a mask so we don’t know her race and occupant, let’s wait little bit and in NFT sale she will show her face.

Gold Rocket | Satoshi Club: I really like what your artist does😍

Gold Rocket | Satoshi Club: Like a Mandalorian😁

Long Nguyen: Thank you @GoldRocket27 . And yes we focus a lot on art and design in our game. We believe it’s one of the core value to NFT.

Paul Mont | Satoshi Club: How many core members are working on Cryptia at the moment?

Paul Mont | Satoshi Club: And by the way, I saw you’re all public, great thing! 👏👏👏

Gold Rocket | Satoshi Club: Why, at a time when all games are striving for the blockchain, are you taking a step back?

Long Nguyen: In our website we showed only 3 people: Game director, Art director and CEO (it’s me). But we have huge number of people behind, only for the game team it’s 40-50 members already.

Long Nguyen: No no, we are doing game in blockchain.

Paul Mont | Satoshi Club: Wow 🙌

Long Nguyen: We have 3 teams running together: game development: GIANTY, Blockchain tech – Research team: RikkeiSoft, Marketing team: FomoCraft lead with other teams supporting. I can give one word for each of the team: GIANTY – Beautiful Art, RikkeiSoft – extremely careful, FomoCraft – Fomo.

Paul Mont | Satoshi Club: I have to admit, I’m pretty biased, I have a penchant for games – and even more for blockchain games, so really I can’t wait for Cryptia to finally come out and be playable 😍

Gold Rocket | Satoshi Club: What then does the phrase mean: At this time, simpler games like ours with great gameplay will reach people both inside and outside blockchain world.‌‌(c) I think I’m confused 😁🙈

Long Nguyen: Let’s play the game together, it will be available in this November.

Paul Mont | Satoshi Club: For sure, count me in! 🙌😁

Gold Rocket | Satoshi Club: it will be a great gift for my birthday😁😍

Long Nguyen: This is one of our vision in developing this game. I myself believe in blockchain technology will be the future, and with it’s great benefit blockchain will change the world to be better. However number of real users in blockchain world is not much, people outside blockchain world usually have doubt with us. We want our game to be a great game, so not only gamers from blockchain world will play, but we can attract gamers from outside world, who never participated in blockchain world can join in, and know more about blockchain.

Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from Cryptia?

Gold Rocket | Satoshi Club: Thanks a lot for the clarification❤️ this is a real mass adoption

Long Nguyen: Total timeline is long, just we focused on 2 phase: first phase was back in 2017 for the gameplay – game concept, art and design. Second phase is in this year from July up to November and will continue to some years after 🙂 You can expect a  game with beautiful art style and nice gameplay from Cryptia.

Paul Mont | Satoshi Club: Beautiful art, style and addictive mechanics – that’s what any gamer would want to hear😁

Paul Mont | Satoshi Club: Let’s get into the details now, shall we? 😉

Paul Mont | Satoshi Club: We’ve prepared some questions from the community in order to get to know more about the project 😁

Long Nguyen: If you don’t mind sharing your birthday with us, we can give you a present for sure haha.

Gold Rocket | Satoshi Club: These are great ingredients for success.🔥

Long Nguyen: Yes I’m ready for questions from community. Heard a lot from ppl your questions are usually very tough.

Gold Rocket | Satoshi Club: I will be happy to be a part of such a grand project. ❤️

Gold Rocket | Satoshi Club: Try this! You are well prepared too 😁😉

Paul Mont | Satoshi Club: Let’s start then 🚀

Paul Mont | Satoshi Club: Here’s the first one 😉

Q1 from Telegram user @Jmagsss

Upon reading Cryptia’s roadmap on its website, I saw that the inception of your project began in 2017 and then surprisingly, the next stage was continued during September of this year. May I know, what happened during the 3-4 year gap between Cryptia’s gameplay conceptualization in 2017 and its IDO and public sale release on this year? Do you think that the crypto bear market during 2018 was one of the factors that delayed your project release? Can you share with us some details about your project’s past and timeline?

Long Nguyen: It’s correct that the game was first developed since 2017. At that time, game concept – art and design was developed and cherished. During 4 years bear market the game went to dormant (Axie did better than us in this and look at them now). In July 2021 when the trend came again we continued this promising project. GamePlay redesigned to fit NFT, blockchain changes from Etherum to BSC, IDO, Gacha, etc… we think of more features to players so it fits “Earn and Play Concept” where community can play a huge part in the succeed of the game. For upcoming timeline and roadmap please let me share our graphics.

Paul Mont | Satoshi Club: Did I say that I love the graphics? Haha nice work 😍

Gold Rocket | Satoshi Club: Great ambitious plan😊

Long Nguyen: Thank you Paul, I’m also big fan of my own project artwork haha

Paul Mont | Satoshi Club: So IDO and NFT Sale events have already happened or are planned for the near future?

Long Nguyen: It’s planned for the near future, we just did not do the announcement yet. Our MKT lead always tell me: Long, stop spoiling all the announcement in the AMAs, but I cannot stop it.

Gold Rocket | Satoshi Club: Thanks for your answers. Do you want to add something or we can proceed to the next question?

Gold Rocket | Satoshi Club: Lol😂

Paul Mont | Satoshi Club: Hahaha

Long Nguyen: Yes we can proceed to next question

Paul Mont | Satoshi Club: We will proceed

Paul Mont | Satoshi Club: (but if you want to share with us some exclusive IDO date or preview, we won’t mind 🤣🤣)

Q2 from Telegram user @Cheriemike

Why going through your website,you indeed have a great project but I couldn’t find any detailed information about your project,When will your whitepaper be available?And to promote your project,you need to have some partnership with some Video Games Developers or NFT Game Projects,Are you in talks with anyone yet as regards to that?

Long Nguyen: Early October (we changed it because of bear market this week)

Paul Mont | Satoshi Club: Wonderful, we gotta stay tuned then! 😉

Long Nguyen: This is a nice question, must say that I love it, because it show his/her interest and research on our project.

Long Nguyen: I wish I can answer this question by tomorrow as we will have our whitepaper on web in next 12 hours. Btw when whitepaper is not ready, we still have the pitch deck there with all the needed information / tokenomics for investors.

Paul Mont | Satoshi Club: You can share the link to the pitch deck here with our Satoshi Clubbers if you wish 😉

Long Nguyen: We do have connections, not only with other NFT Game Projects but also Lending Project, Game guilds and traditional Game Company as well. Multiple Partnership will be announced within this week and before the IDO (to make the hype as MKT leader said(, and especially after NFT sale which is around middle October, where NFT exchange can shine.

I believed we have announced 2-3 partnerships within this week already, one of them are with Redkite, our close close friend.

Long Nguyen: Wait I think Redkite partnership is not announced yet

Long Nguyen: I spoil again.

Gold Rocket | Satoshi Club: this is very exciting😊

Paul Mont | Satoshi Club: Hahaha, but we love that @long_nguyen_h 😉

Long Nguyen: I sent my apologize to MKT team already. Please continue

Paul Mont | Satoshi Club: These are wonderful news, we’ll looking forward the announcements regarding the mechanics of the upcoming IDO and NFT Sale 🔥🔥🔥

Gold Rocket | Satoshi Club: Your secret will remain between us with  91k + participants😜😂😁

Paul Mont | Satoshi Club: Thank you very much @long for your clear answer! Next question incoming 😁

Long Nguyen: I love your gif Paul, will borrow it and use in the future

Paul Mont | Satoshi Club: Hahaha it’s very cool I agree 😁

Paul Mont | Satoshi Club: Next question is about the Alliance War event!

Q3 from Telegram User @ysasoma

October brings for the players Stage 2 PvP, where they will launch the Alliance War, the stage where we all want to participate, so, tell us a little about the dynamics, tell us also about the investment and the requirements to be met by a user, the rules to follow and above all the opportunities offered by the Alliance War?

Long Nguyen: Sadly I think it’s question to other game, not my game haha.

Long Nguyen: We don’t have Alliance War and don’t have PvP on October. But time will come when I can share our PvP gameplay (just not now).

Paul Mont | Satoshi Club: That is very unfortunate, apparently this is a completely wrong question

Paul Mont | Satoshi Club: Let me correct it witht the right one 🙂

Gold Rocket | Satoshi Club: Oops! then tell us a little about what you consider important at the moment for the project😊

Q4 from Telegram User @DK177

According to your website, there are three sponsors to your project, RED KITE, a launchpad and Defi platform, ICETEA LABS, supporters for decentralization technologies, and GIANTY, a blockchain tech. Why didn’t you get any sponsorship from a project related to gaming? You have not allocated tokens from the total supply for these sponsors. Do they get their rewards from the portion of 15% allocated for the team? In addition to these sponsorships, do you have some collaborations with some renowned gaming platforms?

Long Nguyen: Deadline is what hanging on our mind everyday haha

Long Nguyen: For all team members, to be dedicated with the project and focus 200% power is what important. We are happy to have Japanese Company to develop the game as we all know how hard working they are

Gold Rocket | Satoshi Club: Absolutely right! 😊

Long Nguyen: We really wish we can answer this question after 1-2 days from now. Yes in the website we announced 3 sponsors who participated in our seed round. However sponsors in our Private now is not yet announced and will be displayed on our website very very soon. I can share some of the name: Altonomy, HyperChain, FomoCraft, ArkStream.

For gaming platforms we have very close relationship with GameFi. Also connecting to YGG – GGG which is famous game guild who can give us many added values.

Long Nguyen: Do we have #done rules here? I don’t see you Paul and Gold Rocket 🙁

Gold Rocket | Satoshi Club These are famous and popular names in the crypto space. 👏

Paul Mont | Satoshi Club: What about audits? Are they planned for the upcoming future?

Long Nguyen: Some bigger names are coming in also, yet we do not finalize with them yet though.

Gold Rocket | Satoshi Club: You can introduce this rule as our beloved guest 😍

Long Nguyen: We are working on the audits with Certrix, whenever results are out we will public it. However Audits are not 100% bullet proof, we all know that. We also have a blockchain research team looking for what’s wrong with other projects and try to no step the same step as they did.

Paul Mont | Satoshi Club: Thanks for taking care of this. Great answers!

Paul Mont | Satoshi Club: Ready for the next question? 😉🚀

Long Nguyen: Yes I’m ready

Q5 from Telegram User @Pavel_Jarosh

Dear Cryptia team! As your project is based on NFT heroes creation and the following upgrade, I think some players aim to resale once the heroes are good enough. Please provide more details regarding initial skill level provided to each hero? Are they all set for the same strengh/power? Can some of them be more talented to grow faster? Thank you!

Long Nguyen: This game is developed by Japanese Company and if you are familiar with Japanese game, they are really complex. Lots of attributes, some include hidden stats and some will combine together to create crazy things.

Long Nguyen: First time I read the character stats I was like: how can some1 design stuff like this? How can they balance the game with all these information, and the game director just winked: believe me. Then I believe him.

Gold Rocket | Satoshi Club: Sounds great😊

Paul Mont | Satoshi Club: Love the idea of hidden stats, that’s a new one for me 😁

Long Nguyen: For the specific question from Pavel, I will answer as follow: heroes will be balanced to get upgrade for multiple years. No they will not have same basic status from beginning, that’s why we have gacha (random mechanics to roll heroes). Some will have the talents to grow longer, not faster, some will reach its limitation sooner 🙂

Long Nguyen: That’s all I can spoil or the game director will kill me haha

Paul Mont | Satoshi Club: Nice! So attributes and stats that combine, but will there be also purely cosmetic traits (e.g. skins or such?)

Gold Rocket | Satoshi Club: what a strict director 😁

Long Nguyen: Don’t take the cosmetic as outfit only, they will do the combination also.

Paul Mont | Satoshi Club: Brilliant, thank you for the comprehensive answer 😁

Paul Mont | Satoshi Club: Let’s move onto the next question, shall we?

Paul Mont | Satoshi Club: And then we’ll jump into the LIVE part of the AMA 🔥

Long Nguyen: Great, I’m looking forward to the LIVE part. It’s my favorite.

Q6 from Telegram User @Asela1112

Could you please share with us the $CRYPT token allocation distribution? Because I couldn’t find your Whitepaper in your website & You have published only $CRYPT vesting schedule. On which network was it built, Is it Binance or Ethereum? Did you integrate burning mechanism & buyback system in to $CRYPT tokenomics? How about the transaction fees of $CRYPT token within Cryptia ecosystem?

Long Nguyen: In our Pitchdeck we have our token allocation. But please me share some graphics about this info.

Gold Rocket | Satoshi Club: Thanks for sharing 😊

Long Nguyen: We will have our token built in BSC, transaction fees from 2-4%. Burning mechanism: no, it’s illegal in some countries so we don’t do it. But we will do similar mechanism: lock (for a long long time 5-10 years) and recirculate later. Buyback: yes.

Paul Mont | Satoshi Club: Thank you very much for the clear answers  @long_nguyen_h ! Wonderful answers so far 😁

Paul Mont | Satoshi Club: Unless there’s anything else that you’d want to add, we can proceed with the live segment of the AMA – that would be time to interact with our community members 😁

Part 2 — live questions from the Telegram community

Q1 from Telegram User @tomo_fan

As Game is Developed in Japan & You said that, Do develop Game in Japan is much Costiler than Other Countries, then also why did You decided to develop the Game in Japan?

Long Nguyen:

It’s good question and yes, Japanese game is 10 times cost comparing to a game developed in Vietnam, my country. You can see right now lots of gamefi coming out from Vietnam game studio also. The reason why I chose a Japanese Company is first I was in Japan for my undergrad, I know quite well how they are capable of producing a game. Second I love the dedication and joyful of Japanese members when they develop the game, very difference when they do other Salary-Man job. Their attitude towards this product is something I admire and it pushes the whole team moving forward.

Q2 from Telegram User @highpee

Since Axie made a breakthrough, many NFT and Defi gaming project that claim to have  play to earn are emerging daily. Were you also inspired by this breakout? How will you offer competitive edge  above others competitors?

Long Nguyen:

Play-to-earn is a trend in gamefi right now, and we also adopt our project within this trend. Our strategy is to attract players through this trend for the first few months, and after that by our gameplay. We love this trend but we still believe definition of a game – something ppl enjoy to play, not grind-to-play. Your question about competitive edge I can share 2 things:

1. Beautiful art and design

2. Nice gameplay gamers can enjoy (we are not crazy to think “all” gamers though, part of gamer community who like our genre are good enough already)

Q3 from Telegram User @Rinhere

IDO is scheduled in October month, What is the expected time that users can Play this game on the application?

Can You provide any approx date?

Long Nguyen:

To be honest I chose your question because it’s really easy haha. Main gameplay will be available on November, IOS/ Android support on the roadmap is next year but we have plan to make it available within this December already.

Q4 from Telegram User @Asela1112

Most of NFT gaming platforms used to integrate cross chain interoperability to wide their ecosystem throughout multiple chains. Do you have any plans to add cross chain interoperability in future?

Long Nguyen:

We do, it’s necessary to have cross chain interoperability, maybe developed within our project, or a platform from other projects (I hope the 2nd option). Blockchain world is developing day by day, and stay within one “comfortable” chain is not enough. Extend ourselves and reach out for more benefits to both our users and investors is a must if we want to keep this project running for a long time.

Q5 from Telegram User @victorogb

From information gotten from your twitter page, Cryptia currently runs a Community Rewards Campaign, which started a couple of days back and consequently ends today. Can you tell us how we could participate within the available time frame, what are the prizes and rewards up for grabs

Long Nguyen:

Perfect question thank you very much, I can fulfill my task MKT team gave me in this AMAs: introduce our gleam campaign. It’s very simple, just follow the link, all info is there. The prize in this round is great, but next rounds will be even better.

Q6 from Telegram User @Alixbella

How many heroes do I need to start playing and what is the minimum investment to start in your game, can I make my heroes level up or have more power buying experience packages? or as it is in Cryptia

Long Nguyen:

1 Hero (we call them adventure) is good enough for first gameplay. We will have different level of difficulties for Ruins Exploring, for easy one 1 hero is enough, going up higher we will need a team / set of adventures, each with a unique roles. We will have multiplayer (each player with an adventure) in the upcoming gameplay also, then gamers can enjoy the game with their friends 🙂

Levelup: yes, this is an RPG game so lots of upgrade are available (just a hint each characters will have “random” upgradable capability)

Q7 from Telegram User @NAZMP2

What marketing strategies does Cryptia established to engage those  non-crypto gamers?

Long Nguyen:

We will start our MKT to non-crypto gamers right after the game is out, not at this moment. We have good relationship with game studios where they have professional streamers and hopefully they will agree to play our game in their stream (winks)

That’s one of the plan we have, and as many other traditional games mkt strategy, we will follow the steps 🙂

Q8 from Telegram User @Madan94495721

Will Cryptia try to secure its Smart contract by orgainsing Bug Bounty or having Audit by Audit firms? Do you guys have any Timeline for these events?

Long Nguyen:

Yes we are working on Audits with Certrix, and yes Bug Bounty is on our plan already. Must say dev team are very confident with their work but their leaders and me will have sleepless night then haha.

Q9 from Telegram User @Jamesxmen

Presently, NFTs spread rapidly in Blockchain field since the Copy right & reproduction rights. After you accomplish the mass adoption, I think Cryptia project will be famous in blockchain gaming industry. So it will be a great opportunity to expand Cryptia project by welcoming the community NFT artists to Create some digital gaming assets for Cryptia Game. May I know, that Cryptia project will be opened in future for community NFT artists? If yes, how will you facilitate them & incentivize them to create attractive gaming NFTs?

Long Nguyen:

We do have the same idea about NFTs. And yes we will have open events for not only artists but also community to come and participate in developing this game in the future. Artists will go with art, and gamers will go with gameplay features.

Q10 from Telegram User @Kargil1999

You have chosen “Redkite” as the IDO partner, But I don’t see any Fixed date, Is has not been decided yet?

Long Nguyen:

Oh lucky me they just published the news haha. It’s decided (early October) but I cannot spoil right now.

Let me share the announcement as well.

https://twitter.com/cryptiaofficial/status/1442487191150731264?s=21

Part 3 – Quiz Results

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

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

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

Our partners: Cryptia Website – cryptia.io
Cryptia Telegram – @cryptiaofficial

Warena x Satoshi CLUB AMA Session 26 September 2021

PART 1. Introduction of Warena project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about NFT metaverse game.

Warena is The first personalized and “play to earn” game. Engage in thrilling action-survival gameplay throughout two release phases. Players will battle it out in PvE and PvP content using highly personalized warriors, participate in tournaments and be able to collect NFTs at the same time.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

Jonah 🏅🎹 | Satoshi Club – @Jonahapagu

The Representative of the project:

Jolie Tran – @quynhghi – Marketing Specialist

Sandy Tran – @sandytran15 – Marketing Manager

Minh Doan – @minhdoan- Founder Warena, cofounder of MassBit Protocol, ex-cofounder of Harmony one, ex-Googler

 Vu Hoang – @vuhn23 – Project Tech Lead Coordinator at WARENA.

Introduction of Warena project.

Jonah 🏅🎹 | satoshi club:

Our guests today are @quynhghi @sandytran15 @minhdoan @vuhn23

Welcome to satoshi club we are glad and excited to have you all here today

Sandy | Warena:

Hi everyone, so excited to be here

Jolie tran:

Hello everyone 😊

Mary | satoshi club:

Hello, guys! Happy to see you all here today👏

Jonah 🏅🎹 | satoshi club:

Excited to meet you all.. 😁

Sandy | Warena:

Thanks for having us here!

Mary | satoshi club:

Let’s start our ama 🚀

Sandy | Warena:

Let’s do it!

Mary | satoshi club:

Could you please introduce yourself and tell us more about Warena 🚀🚀🚀

Jolie tran:

Hi there!

I’m jolie tran and work as a marketing specialist for Warena. I bring 7 years of marketing experience to the table, and a similar level of experience to my team when i play league of legends ☺️ . I am a candy crush aficionado and recently have fallen in love with axie infinity.

I like to think of my myself as a witch-class type character, weaving magic spells over my marketing campaigns. 

Warena is going to be something special, and i love interacting with our large network of collaborators, and the game vision is just awesome.

Sandy | Warena:

Hey! My name is sandy tran, and i am the marketing manager at Warena.

Although young, i have a wealth of experience in marketing, tech and the gaming industry. I’ve already worked for 3 years on high-tech/ blockchain projects, and i have a bachelor of science in marketing & finance and master of science in marketing analytics.

Vu hoang | Warena:

Hi! My name is vu hoang and i am the project tech lead coordinator at Warena.

I’ve already helped develop some games that are in a similar vein, such as cat gunner and robot defence

So far, the best games that i myself have enjoyed playing have been blade and soul, diablo and heroes of the storm.

Mary | satoshi club:

Excellent intro guys! 😃

Sandy | Warena:

Warena carries a vision of a metaverse in which everyone has equal rights and equal opportunity to speak their mind, to contribute and develop the ecosystem (decentralized organization). My career goal is to leverage creativity and art and instigate meaningful lessons & conversations with our community.

Jonah 🏅🎹 | satoshi club:

Awesome introduction i see you all love games 😁

Mary | satoshi club:

I see you all got big experience in crypto👍 and games 😃

What is the main goal for Warena as a game? 😃 number of players, profits, popularity etc?

 

Sandy | Warena:

Warena is our initiative for the vision of a mass-adoption blockchain game. Our optimal goal for the initial growth stage of Warena is to build a community-driven experience for all players, combining people with interests in play-to-earn, arena playoffs, nft-based gaming & streaming, nft enthusiasts altogether.

Warena also carries a vision of a metaverse in which everyone has equal rights and equal opportunity to speak their mind, to contribute and develop the ecosystem (decentralized organization)

Jonah 🏅🎹 | satoshi club:

I’m sure a lot of our members are super interested in what you are building

Mary | satoshi club:

So, your early adopters won’t have advantages?😉

Sandy | Warena:

Everyone will have advantages in Warena. Early adopters will definitely have better preparation for the main release of phase 2 metaverse

Minh doan:

Hello everyone,

Sorry for the late joining. My name is minh doan – and i’m currently running massbit.io (http://massbit.io/) and genesisbuilders.fund – before that i was a cofounder of harmony one. I also spent 5 years at google (mountain view, ca) as a tech lead.

Warena was the first incubatee of genesisbuilders.fund (gb), an investment fund and incubator founded by minh doan(cofounder of massbit protocol, ex-cofounder of harmony one, ex-googler) , chao ma(ex-cto of deeper network, ex-blockchain architect of harmony one, ex-amazoner), and  rongjian lan (cto of harmony one, ex-googler)

Please join Warena official telegram : https://t.me/Warenachat

Done

Mary | satoshi club:

Gotcha 😃 that’s what we need, right, satoshiclubbers?😉

Jonah 🏅🎹 | satoshi club:

Welcome.. 👏

Mary | satoshi club:

Hello and welcome to satoshi club 👏 How big is your team, guys?

Sandy | Warena:

We are a team of more than 20 people with diverse backgrounds and experiences in many fields: blockchain engineering, games development, art, and marketing, etc. We team up together to create Warena – a project that highlights the advent of a new era of gaming.

Jonah 🏅🎹 | satoshi club:

Superb! 👏

Mary | satoshi club:

Wow a lot of people who are inspired by crypto and gaming! 👍

Jonah 🏅🎹 | satoshi club:

Yeah.. I hope we get to see their gaming skills today.. 😁

Sandy | Warena:

We’re doing our best to give our community the best game possible

Mary | satoshi club:

Thank you, guys for this excellent intro! We choose 6 questions for the first part of our ama 😀 ready for them?🔥

We don’t have any doubts 👍

Preselected questions about the Warena DeFi project.

Jonah 🏅🎹 | satoshi club:

Q1 from telegram user   @uplinestephen

Hello Warena team,

Based on what i read from your website, $rena is an erc-20 governance token for the Warena universe. Also, i noticed that $rena holders will be able to claim rewards if they stake their tokens, play the game, or even participate in key governance votes. However, looking at the trend in the crypto space today, looks like almost every project is now coming up with this play to earn nft games. My question is, how does $rena token team intend to make this project stand out among the many play to earn nft games so that they can beat the competition out there? Because as an investor, i’m very much concern about how solid a project is and also the seriousness of the team before investing into it.

Jolie Tran

I would appreciate your response to this question. Thank you

We learn from established projects in the market, and develop our special features:

✨ innovative combination between play-to-earn and metaverse built cleverly upon an engaging story and plot.

✨ ai personalization tech allows users to upload their photos and create unique digital avatars.

✨ there is the ability to engage with crossover characters from other universes such as axie infinity, cat gunner and my defi pet.

✨ Warena nfts are created across different blockchains such as bsc, polygon, near, and solana to name a few.

With these features, we are confident to have enough competitive advantage for Warena to stand out among nft game projects.

Moreover, Warena has 2 phases with a stable long-term development roadmap, ensuring the sustainability of the project. Thereby, investors will have a long-term profit following the development of the project from phase 1 to phase 2.

See more of our roadmap here:

Road map

All of our plans are carefully planned and supported by top adviors. In addition, we use a 2-token economic mechanism for the project to develop sustainably based on the Warena community.

This is also how we have convinced our partners and big investors.

warena Advisors

Done

Mary | satoshi club:

We had cross chain solutions, now we will have cross game solutions?😀

Sandy | Warena:

Definitely, that’s our unique competitive advantage

Vu hoang | Warena:

Warena Partners

Check our website: https://www.Warena.io/ to have newest information

Jonah 🏅🎹 | satoshi club:

Big names here.. 👏

Mary | satoshi club:

Btw, is your phase 3 already fully performed?

Sandy | Warena:

You meant phase 2?

Mary | satoshi club:

Oh, i looked at q3😂 i mean all your plans for thus quarter

Sandy | Warena:

Yes, all are fully deployed

Mary | satoshi club:

Congratulations! Everything goes according to the plan🚀

Thank you for your answers! Ready to proceed?🔥

Sandy | Warena:

Sure! Let’s continue

We had beta test event held on september 16th for all members to try out the game

Mary | satoshi club:

Is it finished?

Sandy | Warena:

Unfortunately, it’s closed on sept. 20. However, we’re planning to have another beta test next month.

We’ll announce in details later. Please follow our channel for new updates

Mary | satoshi club:

Please, don’t forget to share with us! I want to join 😀

Vu hoang | Warena:

hHttps://t.me/Warenachat

Jonah 🏅🎹 | satoshi club:

Q2 from telegram user   @cheriemike

When i saw your platform Warena the first thing that came to my mind was,what is the meaning of that name and i tried to do some findings about the name and i got different meanings.so can you tell us the meaning of the name Warena and the story/inspiration behind that name?you also introduced your game to various markets across south east asia and central europe,when do you plan to make your game global so that people from other region can have a taste of it?

Vu hoang | Warena:

Our projects come from enthusiasts of games, manga and anime. We want Warena to be not only a game to make money but also a game where we fulfill our dreams.

Warena is separate from war and arena – we are trying to create a world that alternates between war and peace, alternating between races.

Experience the game from phase 1 (2d) and phase 2 (3d), you will realize that races from southeast asia and central europe will appear one by one. Follow the main story line and create a thrilling multi-world story. From there, create a world like reality, where you can’t predict the future.

The roadmap to expand to markets around the world will correspond to the development of the story in the game.

Mary | satoshi club:

I saw your video on youtube and enjoyed it!

Sandy | Warena:

Lovely! Thank you

Mary | satoshi club:

Which skills do players need to have to play your game? Can they play both on pc and smartphone?

Sandy | Warena:

No special skills are needed. Warena is built to allow all types of players to enjoy the game.

Jonah 🏅🎹 | satoshi club:

Satoshi clubbers did you read that so get ready to show your skills 😁

Vu hoang | Warena:

Yes, you can play both on pc (website) and mobile. But the first version will be on the website.

Jonah 🏅🎹 | satoshi club:

I also want to ask do you intend to capture all races of the world in this story?

Mary | satoshi club:

Awesome 👍

Sandy | Warena:

All game guidelines and how-to will be discuss in our communities once the game is launched

Mary | satoshi club:

Oh, that’s nice 💪 happy to hear

With how you’ve been providing detailed answers so far.. I believe the guidelines will be sufficient enough to get any user started.. 😄

Vu hoang | Warena:

We will aim for the legendary race in each country. And the order of appearance will be decided by the community.

Mary | satoshi club:

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

Sandy | Warena:

Sure!

Jonah 🏅🎹 | satoshi club:

Q3 from telegram user @pavel_jarosh

Hello Warena team! As per Warena timeline, we are close to ido upcoming weeks, however the exact date is not indicated. Is that a result of beta test? If an ido date has already been fixed, then please provide the details of the event? How can we participate? Thank you!

Jolie tran:

The expected day is oct 7th. We are considering it carefully.

Our team has observed the actual situation of the market. If you have followed, the market situation these days has not been very good. And we don’t want our investors to risk, we want our community to get the profits from day one. Well begun is half done.

Please follow us on the official Warena channels to get the exact ido date and how to participate.

https://twitter.com/Warenaofficial

https://t.me/Warenaofficial

Jonah 🏅🎹 | satoshi club:

So if the market situation doesn’t improve will this date still stand?

Mary | satoshi club:

It’s soon😀 do you already know where this ido will take place?

Jolie tran:

I can’t say anything soon at the moment. Please follow us.

Mary | satoshi club:

Sure! We will👍

Sandy | Warena:

Red kite, dao maker, paid network

Jonah 🏅🎹 | satoshi club:

Alright.👍

Mary | satoshi club:

Wow, very good choice 😍

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

Sandy | Warena:

Okie dokie!

Jonah 🏅🎹 | satoshi club:

Q4 from telegram user @antoni_azx

In my opinion, one of the biggest problems that nfts games are having is the absurd amount of bots that they usually have once their staking phase is launched as well as when playing the pve or pvp, very good games like the pvp of overlord, which has been harshly looted by thousands and thousands of bots which played and took out everything collected in the games generating losses of more than 140% of $ ovl in 5 days. Could you tell us how you prepare to fight this calamity of nfts games? Will they have a security system that prevents multi-account abuse within the game?

Vu hoang | Warena:

We have strategies and functions that ensure game balance and player experience. The more time you spend, the better you get, the more you earn. We focus on the benefit of the community, because the community will create long-term and sustainable value for the game.

In addition, your tokens are secured by the smart contract which will have to go through the audit process. Our team has a lot of experience in software development and blockchain but nothing in crypto is guaranteed. So you have to take your own risk of investing into crypto. I cannot say anything about the ido price, but you can look into our token metrics at https://docsend.com/view/kjs5cv4amawvj5vw

Mary | satoshi club:

So, you are ready to prevent bot activities?

Vu hoang | Warena:

Yes, game designer and our dev team try to cover all case.

Mary | satoshi club:

Btw, which blockchain did you choose for Warena?  Hope so, because as i know it’s common headache for all blockchain games

Sandy | Warena:

Bsc, Polygon, Near, Solana to name a few

Jonah 🏅🎹 | satoshi club:

I noticed you have an interest in always carrying your community along, how do your community members get to make decisions regarding certain aspects of Warena?

Vu hoang | Warena:

You can check our technical matrix: https://Warena.gitbook.io/Warena/technology/technical-matrix

Mary | satoshi club:

Thanks 👍 will do!

Sandy | Warena:

We have a currency called rena in Warena. Rena token is an erc-20 governance token for the Warena universe. Rena holders will be able to claim rewards if they stake their tokens and participate in key governance votes.

Vu hoang | Warena:

In Warena, you are one of the true game owners with a decentralized organization called community council.

Warena integrated a concept of a dao (decentralized autonomous organization), which over time can take over much of the decision-making power in the game. The community council will be an important element of the game ecosystem, which will address both in-game issues as well as proposals regarding future game development and funding.

Feeling powerful? 😎

Mary | satoshi club:

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

Sandy | Warena:

Yuppie

Jonah 🏅🎹 | satoshi club:

Q5 from telegram user @dk177

I noticed that you have two game phases, phase 1-survival and phase 2-Warena metaverse. Do we have to complete phase 1 before going to phase 2 or do these phases work individually? For a new player who have no prior experience of gaming, where have you published more information on these phases? Do you offer guiding videos and other instructional materials? Conversely, is Warena limited to experienced players? Further, what about the non-gaming community? Do you consider being a gamer as a prerequisite to join Warena or are their any options available for long term and short term investors who are not interested in gaming?

Jolie tran:

Phase 1 and phase 2 will operate separately but will share the same world. You understand simply a big game that includes 2 game modes (2d and 3d). 2 phases are 2 consecutive phases in a story.

We put information and announcements continuously in social networks, chat groups. We will give you more information here.

My team is preparing videos and step by step documentation and will announce the details to the community before the game is released.

As shared, the more time you spend playing, the better you get, and the more you earn. They will only balance the time and skill of the player. Make sure the game isn’t too pay-to-win. We are always looking for solutions to expand the community, help more players access the game.

We’ve driven this community since phase 1 we created a game that’s simple, easy to see, easy to understand and easy to play. Ui/ux will be easily accessible to non-gamers without going through too much documentation or needing a lot of experience.

Vu hoang | Warena:

https://t.me/Warenachat

Mary | satoshi club:

How many users joined your beta?

Vu hoang | Warena:

We limit 7000 users join our beta but will try more in the next event.

Sandy | Warena:

We are expected to have 10000+ users

Vu hoang | Warena:

Newest gameplay teaser: https://youtu.be/tlscnqr85ww

Jonah 🏅🎹 | satoshi club:

Satoshi clubbers please join.. 🚀

Mary | satoshi club:

Approximately how many users you will allow to try the game?😀

Jonah 🏅🎹 | satoshi club:

Great numbers.

Mary | satoshi club:

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

Sandy | Warena:

Sure, let’s do it

Jonah 🏅🎹 | satoshi club:

Q6 from telegram user @yellowchamp

I found out that your advisors are came from different established platforms such as amazon,dao maker, paid network,google and house of dao and they open doors and create new opportunities for clients and communities who share in their collective values. As your platform is all about games,but why you have no advisors that come from any gaming platforms? How can they be relateable to Warena? As they open doors and create new opportunities for clients and communities,can you tell us what opportunities it would be? How would clients and communities can reach out your advisors? Thank you

Sandy | Warena:

Recently, we have proudly received investment and partner with animoca brands, the company driving digital property rights via nfts and a leader in digital entertainment, blockchain, and gamification. Animoca will act as principal investor and partner for Warena. Much of their portfolio of original games and products utilizes popular intellectual properties including formula 1®, marvel, wwe, power rangers, motogp™, and doraemon.

Regarding opportunities for Warena communities, no organisation matches animoca brands’ scale within the blockchain gaming space, and the entire team at Warena is excited to leverage the 200 million-plus monthly viewership that animoca also brings to the table, including numerous kols in the hong kong and korean markets. Also, we’ll be holding a lot of campaigns and activities for our members to join and receives exclusive benefits from Warena.

Mary | satoshi club:

Animoca brands 😳 unbelievable!

Sandy | Warena:

We’ll be the bridge between our advisors and our communities. Any major changes and announcements will be throughoutly communicated to everyone. Should you have any questions or concerns regarding anything about Warena, please feel free to raise it in our communities and we’ll do our best to give you the proper answer.

Mary | satoshi club:

Guys! Thanks! This part was perfect and very informative! And now you should listen to the sounds of fingers🤣 it’s our users are preparing for the live part 🔥

Ready for the storm of questions?

Mary | satoshi club:

Let’s go 🚀

PART 2.Questions about the Warena project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Warena crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @madamlobster

which blockchain did you choose for Warena?

Minh Doan:

i will be launching with BSC first

Q – 2 from a telegram user @surendra040

Warena NFTs is build on multiple blockchains? Do you have your own NFT marketplace and what marketplace we can trade? 

Minh Doan:

Yes we will have our own marketplace – and we could list NFT in other platforms too like opensea, or ignition launchpad

Q – 3 from a telegram user @ajay_ak_009

AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?

Vu Hoang | Warena:

WARENA has a thorough audit plan to prove that the project is well-invested, built by a strong, safe and reputable team. At the same time, it also minimizes the risk of the project being hacked or errors occurring during operation, affecting the project’s token price.

WARENA is expected to be audited on one of two platforms: Celtik or Zokyo.

Q – 4 from a telegram user @Pratze

Warena is a NFT blockchain game, so is this mean we must have NFT to start play the game ? i like to try but do you have an article/guide about how to play for newbie ? thank you?

Chris | TradeStars:

this is very a good question and a good feedback – we are working on this together with launching the game after IDO

Q – 5 from a telegram user @Ikkyndra

Can you give me a solid reason why i should choose Warena? What sets Warena apart from existing competitor coins? What are the advantages of Warena, and is there a project plan for the future so that it can compete with other coins that appear every day?

Sandy | Warena:

WARENA shows its uniqueness in many ways, our competitive advantages include:

✨ Innovative combination between Play-to-Earn and Metaverse built cleverly upon an engaging story and plot.
✨ AI personalization tech allows users to upload their photos to create unique digital avatars for the characters.
✨ There is the ability to engage with crossover characters from other universes such as Axie Infinity, Cat Gunner and My Defi Pet.
✨ Warena NFTs are created across different blockchains such as BSC, Polygon, Near, and Solana to name a few.

In addition, our tokens are deployed on different blockchain platforms designed specifically for NFT and Gaming development such as BSC, Polygon, Near, Solana… ensuring minimal risk.

Q – 6 from a telegram user @ajay_ak_009

Can you please enlighten us with atleast 2-3 outstanding features of your project that keeps it ahead of other projects in long run?

Minh Doan:

“Inspired by Blockchain Technology and capturing the global NFT trend, WARENA is an ingenious combination of the two latest gaming developments: Play-to-Earn and Metaverse. Anyone in the WARENA ecosystem can enjoy countervailing strategy gameplay within our vast, super-realistic Metaverse, earning at the same time, digital incomes. Tokens collected during the gameplay contribute to the WARENA ecosystem, and these tokens can later be converted into NFTs.

Using AI-Personalization technology, WARENA allows players to create their own unique characters, and is customizable to a deep level, including character avatar, warrior attributions, munitions, gear, and skills. This provides a highly realistic experience throughout one’s adventures. Within the WARENA Metaverse, players also can meet, interact, and battle with other characters from other ‘Universes’ such as Axie Infinity, My Defi Pet, Cat Gunner, and much more.

WARENA is not your typical NFT game. Our players get to immerse themselves in their character and engage in thrilling action-survival gameplay. The Warena NFT game will be released in two phases. Phase 1 will take place in Q3 of 2021 and will see the launch of the 2D tower defense game. It’s a survival, player-vs-environment game that will require players to defend against the oncoming army of zombies. Phase 2 is set to launch in Q2 2022 and will unlock the full force of the Warena metaverse with player-versus-player features.

We inspired by Solo Leveling and Sword Art Online. An inspiration on Sword Art Online with this it would be like transferring character from SAO to ALfheim Online to Gun Gale Online and Accel World.”

Q – 7 from a telegram user @slla1112

Can we play the Warena game to earn money? What kind of features does the Warena platform offer to players different from other game projects?

Jolie Tran:

Sure, you can play to earn token

Warena is the first personalized NFT play-to-earn and Metaverse game. Basically it combines 2 hot trends NFT play-to-earn and Metaverse into warena. It is also the first project introducing the personalized character feature in blockchain games.

Competitive Advantages:
✨ Innovative combination between Play-to-Earn and Metaverse built cleverly upon an engaging story and plot.
✨ AI personalization tech allows users to upload their photos and create unique digital avatars.
✨ There is the ability to engage with crossover characters from other universes such as Axie Infinity, Cat Gunner and My Defi Pet.
✨ Warena NFTs are created across different blockchains such as BSC, Polygon, Near, and Solana to name a few.

Q – 8 from a telegram user @Titanium432

I found that Warena Comprises of two Connected game Which are :
1 . SURVIVAL
2 . METAVERSE
Can you please tell us more about these two games and What features of it make them different from one another?

Minh Doan:

Currently there are 2 hot-trends play-to-earn like axie infinity and metaverse and we want to combine 2 hot features into warena. 2d game survival is like another axie infinity – and to be able to join metaverse in phase 2 you need to do some activities in survival or acquire some NFT

Q – 9 from a telegram user @victorogb

Warena will offer players the ability to create their own personalised characters based on their preferences. Can you briefly explain the many features a player can incorporate to their personalised character?

Sandy | Warena:

One can create their own personalized warrior based on his/her preferences. Players are able to upload a photo of themselves and choose characteristics from different cyborg and warrior classes. These also become a personalized digital avatar. The created warrior becomes fully customizable, from body parts to attributes. As players go through the story, new characters/warriors can be summoned by activating NFT Tickets

Q -10 from a telegram user @Marcos2002

Is Warena allows players to rent their assets and Warriors ? If yes , Can you tell me
Is there any
payment required for lease process?

Minh Doan:

this is one of features we will be implementing – we are prioritizing features which we can have to engage with the users the most – we are currently focusing on building the survival game and metaverse together with the marketplace. Then i think we would focus on staking where, if you own RENA tokens, you can stake into a vault to earn shared revenue with WARENA project

Q -11 from a telegram user @highpee

I heard about WARENA PROMOTIONAL MARATHON event. What is this event about and who can join it? Where is the event going to be hosted and how do you plan to reward the winners that will emerge?

Jolie Tran:

September 23 – 26: Participants post 2 general introductions about WARENA on their Telegram channel → Submit your Telegram Channel/ here.
In order to pass this round, each post needs to reach at least 2k engagements (views, likes, comments, shares…)
September 27 – 28: Qualified participants will be chosen based on the requirement above. Chosen participants need to call their community to vote for their entry using the voting form provided on September 27th. The voting form will be released on our official WARENA channel @WarenaOfficialAnnoucement
September 30: We will announce 5 winners to receive the prizes.

Top 5 participants with the most votes & have at least 2,000 engagements (views, likes, comments, shares…) on the participant’s original post will win.

Winners are allowed to buy RENA tokens at the private sale price. The total value of our contract is $25,000, distributed as follows:
1st place: Allowed to use $7,000 to buy RENA tokens with private sale price
2nd place: Allowed to use $6,000 to buy RENA tokens with private sale price
3rd place: Allowed to use $5,000 to buy RENA tokens with private sale price
4th place: Allowed to use $4,000 to buy RENA tokens with private sale price
5th place: Allowed to use $3,000 to buy RENA tokens with private sale price.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Warena project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Warena

Telegram group  | Medium |  Tweeter  |  Website  |  Discord

Posted in Uncategorized

AMA Satoshi Club x eGame, September 30th

We are pleased to announce our next AMA on September 30th 2021 at 01:00 PM UTC Time: Satoshi Club x eGame

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join eGame 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. eGame Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about eGame

For more details:
eGame Website – exgame.io
eGame Telegram – @eGame_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish