We are pleased to announce our next AMA on September 23rd 2021 at 03:00 PM UTC Time: Satoshi Club x Sheesha
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Sheesha Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Sheesha Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Sheesha
For more details:
Sheesha Website – sheeshafinance.io
Sheesha Telegram – @Sheesha_Finance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What best strategy are you making use of in promoting mass adoption? Where do you see the project in the long run? What percentage of your users will be indigènes or foreigners?
Thanks you
What mechanism is in place to cut data costs on project by over 50% and give resellers 90% profit? And please talk about the security of the users from hackers?
Thanksyou
Does project have any plan to educate and reach non-English local communities to help them understand about your project easily? Does your project have plan to support more languages in future?
Sheesha Finance (welcome to the future of finance)- On your gitbook.oi, it caught my fancy the fact you did mentioned such projects as VIP NFT LOTTERY SYSTEM, DEFI PROJECT INCUBATOR and GOVERNANCE DAO on your roadmap. Could you please tell us more about these interesting Projects already underway on your roadmap and what would be their function under Sheesha Finance? Thanks
Kindly discus your partnership with plasma Finance how much of a benefit is it to the up growth of the Sheesha project?
Sheesha Finance is a decentralized mutual fund that provides investment solutions for crypto portfolio diversification and rewards across the DeFi space. As an investor how much of a perceive income do I stand a chance of earning through your token? Rate in percentage
Which one of these aspects is important for you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally.
Sheesha Finance recently had a launch of its partners’ token rewards, that allows early token holders of the tokenized DeFi mutual fund platform to claim rewards for projects that Sheesha has partnered with.Does that mean whenever you have any partnership with any project,users are rewarded?Where will the reward fee comes from is it from you or those you partner with?Will all investors receive same amount of token or will they be rewarded to the amount of token staked?How will the reward be distributed and apart from MetaMask wallet can one connect Trust wallet to receive their rewards?
In Q4 of your roadmap you said to create the Hard launch of your new website including launch of first NFT lottery for public participation using $SHEESHA token.My question is,Can you please tell us what you mean by the launching of a Hard new website?What new features are now added to this new site?Can you also tell us the plans you have made so far in the preparation of your First NFT Lottery,how many tickets will be available for users to purchase to join the NFT Lottery?On what month will it commence since the start of Q4 is just around the corner?
I read your roadmap on your website, I noticed that for the third quarter of 2021 you have planned to launch a global ambassador program with NFT and SHEESHA rewards. Since it is a global program, will you accept members of all languages? What skills and knowledge do you look for in SHEESHA ambassadors? What areas would you like them to cover? When will the program be open for us to apply?
Within the Sheesha ecosystem, I saw the NFT VIPS, and they caught my attention, because they allow users to gain exclusive access to Sheesha sponsored events at free or heavily discounted rates. Where can we get those NFT VIPS? Will they be gifted to the most loyal members of your community? Will you distribute them to users based on the contribution to the ecosystem that each user makes? Will they be distributed to Sheesha early supporters?
Sheesha Finance is a tokenised mutual fund that employs diversification in order to reduce risks that may arose from investment failure. Can you explain how you use your modern mutual pool and investment management strategy to identify range of assets in which your investment priority are geared towards? What are the unique features of your decentralized mutual funding and how are investors resources gathered and proportionally allocation for investment purposes? How is your model different from traditional mutual fund programs where investors are mostly passive and have no active role to play in investment portfolio choices or growth benefits?
Can you describe the rigorous analysis and authentication mechanism that are used to filter and select the projects you readily invest in? How do you negotiate private slots for your community after deciding on project to invest in and how are these private share/slot equitably allocated to every community members that have SHEESHA staked in your platform? How will you design a fair or balanced distribution process that can captures the finance ability of both the whales and retail investors, thereby sustaining your mission to be a fair and egalitarian platform?
SHEESHA is currently live on BSC and Ethereum with thesame total supply of 85,000 tokens. What amazes me however is that despite these tokens having same maximum and circulating supply, their prices are different on these two blockchains. Can you explain why this is so? Also, you said you don’t intend to create a bridge to link these tokens, hence they will not be swappable. Why did you prefer this pattern rather than having a token that users will be able to move freely between supported blockchains? Does it mean when you expand to other chains as promised, users will still have same SHEESHA token that cannot be bridged and with different price values? Won’t this create some sort of investment confusion for investors?
You recently announced that the moment every Sheesha Finance user has been waiting is finally here! The full distribution of all Sheesha Finance projects you have partnered with so far will now be available for immediate distribution. What projects will be distributed? How many projects are there? How can we participate in that distribution? Do we have to do KYC to be able to participate? How is the procedure to claim the distribution? It is easy?
While the advantages of decentralized financial services are the availability and minimization of counterparty risk, their use carries new risks due to possible market manipulations and errors in the code of smart contracts. Please let us know how you are protected from such threats? Are you in partnership with any external security specialized services or it is all done in-house?
As far as I know, In April 2021, the volume of liquidity in DeFi sector exceeded USD 100 billion. The largest players globally are MakerDAO, Compound Finance and Uniswap. Could you provide some examples of what makes Sheesha different from such players? What are Sheesha’s advantages compared to them?
Reading about your project I see that one of the most important concepts in Sheesha is to provide accessibility to investors and tools that facilitate the conversion of assets that can be used freely, but I wonder, at what cost? Can you tell us about the rates implemented on your platform? How is their redistribution and what benefits can holders have on what is collected?
Sheesha claims to have “the finest NFT lotteries the world has to offer”, so can you explain to us what makes these kinds of probabilistic features reliable? What kind of rewards could users get from this lottery? And what are the conditions of use?
Hello Sheesha team! I read in your roadmap that you will launch your first NFT lottery for public participation. Do we have to be holders of the Sheesha tokens or have a VIP NFT to be able to participate in this lottery? How much is the maximum number of entries in the lottery that each user can have? How many tickets will be available in each lottery? Thank you!
For your initial release, what will the contents and assets within your mutual funds? Will the decision on the inclusion of assets within the mutual fund be based on the Sheesha team or to the DAO? Do you support crypto and non-crypto assets?
Can you tackle more about Sheesha Finance Incubator? Aside from financial support, what else can the projects within your incubation get and benefit from Sheesha Finance?
Sheesha is offering NFT lotteries for its users. How can we join the lottery? What will be the mode of payment for us to participate the lottery? Will there be compensation among the unlucky players of your lottery?
I can see from your website that Sheesha Finance’s resident artist is world renowned visual artist Veesa. What inspired you to use this artist and what value does it bring into your project? Do you have the intention of onboarding other artists (especially artists that may not be as popular as Veesa) in the future and what will be the criteria for onboarding such artists? Also, NFTs is beyond just fine arts collections. Will you be able to work with artist in other areas of arts apart from visual art? And will you NFTs have further utility apart from being a collectible?
You mentioned that partnering with Sheesha Finance opens one’s project to top tier VC access, project incubation and ecosystem support, diverse token holders and project stability throughout acceleration acceleration phase. My concern is that investors are supposed to have a say in projects that they are partners of. Sheesha Finance’s is definitely going to attract a lot of investors.
Will individual investors be informed of the project(s) their stake is being used for?
If that will be the case, how do you intend to manage conflicting interests of numerous investors on a single project?
With particular emphasis on your DAO structure, you noted that Sheesha will start off as a centralised project before gradually transitioning to full decentralisation. As it is within your mission to make community members long term beneficiaries of your entire platform, can you let us know the current situation with your governance structure, presently what are the some project decisions that members have an overwhelming bearing on, within your projections when can we expect a full DAO structure, and as autonomy is gradually vested on the community, how will the future Sheesha DAO structure look like, would it be tiered?
In your litepaper, the following statement:
“When Sheesha Finance invests in your
project, you contribute a slow-release faucet of project tokens to our loyal and committed investors interested in holding for long-term returns rather than liquidating their positions as soon as a token hits a big exchange.” is your strategy on the reduction on the risk of whales.
Do you think project owners will be sufficiently convinced considering article 04 of the “How it works ” section on your website where you said partners can claim their reward easily since there is no lock and waiting period.
Personally, I find these two statements conflicting. Can you throw more light on these please.
Sheesha Finance recently launched it’s rewards distribution platform through it’s all new dashboard and “freshly revamped and redesigned website”. Can you kindly talk on this, because it was long anticipated by your community; why was it necessary to design and revamp your dashboard and website, what are some of the exciting features, products and services that come with the new redesigned dashboard and website, and since the launch of your new dashboard and redesigned website, how has the community feedback been, and in what ways will Sheesha Finance look to continually improve on user experiences?
On your website you mention that one of the advantages of your platform is that you can earn token rewards without the effort, so is this a type of passive income? Can you explain what options do you offer to retail investors? And in how long is it possible to recover the initial investment using your tools?
Your platform offers the possibility to diversify the portfolio in a hassle-free way, can you tell us what innovative tools your portfolio features have that no other protocol has? Also, how can we be sure that they will be 100% protected? Will you show a live interface of possible financial risks?
According to your description on the mechanism of Sheesha, we have to buy tokens, stake them, and earn rewards. You have highlighted some features such as daily distribution, easy claming options, and no lock or waiting periods. However, these are common features of many projects. Therefore, could you please explain why should an investor choose your token over others? Currently, investors like me purchase native tokens of potential fresh projects just as investments although they are not interested in the core concept of the project. How do you grab their attention to Sheesha? What are the considerable investment options you offer?
You have a plan to launch a mobile application in 2022. Generally, projects pay attention to create a mobile app at early stages of their projects for the convenience of users. Why did you postpone it? Currently, there are many android and iOS apps related to crypto currency platforms. Will your app also going to be one of them or do you offer some extra features compared to existing apps? Please give us a sneak peek about your mobile application. Can the community share their views with you when you are creating the application?
You have mentioned about potential users of Sheesha, retail investors, VCs, market ready projects, and early stage projects. Further, you have described how these parties can earn benefits from your project. It is very clear and thank you for the explanation. Could you please let us know from where should they initiate the process? For example, early stage projects can join the Sheesha Finance Incubator. How do they join that? Whom should they contact? Similarly, please seperately explain about the first stage for retail investors, VCs, and market ready projects. If you have any education materials or guided videos, please provide the links too.
Sheesha Finance claim that can reduce the risk of whales. We know thatw hales can make big pump and big dump schemes. This is a major problem in the crypto space which needs solving, Investors hard earned money going down the drain. Could you please tell how Sheesha will prevent whales from manipulating the price & ensure the price appreciates and reach for the moon?
We know that nowadays there are many scam crypto projects. It makes investors more careful in choosing crypto investments. Please provide reasons that make your project worthy of trust.
IDO project MonsoonFi launching on Polystarter on 27th September. Why MonsoonFi choose Polystarter as a partnership on IDO? And how to be eligible to participate in MonsoonFi IDO?
I found out that some of the benefits of Sheesha Finance are we can vote to support the future projects we crave most and we can buy one token, & diversify our portfolio easily and hassle-free. So,by voting project we support,what are the requirements to be able to vote? What are the advantages of voting and if projects have the most vote,how it will give benefits to users? As we can buy one token in your platform, & diversify our portfolio easily and hassle-free,so does your platform will diversify our portfolio or as users it is our responsibility to diversify our portfolio? How would our portfolio be diversified and what are the opportunities you are offering to diversify our portfolio in many ways? Do you take responsibility if we get loss by diversifying our portfolio?Thank you
As you start global marketing campaigns on 4th quarter of 2021,targeting every day retail investors. So,what kind of marketing strategy you will deploy to reach your audience globally? Why do you choose to target retail investors? Does those retail investors will have a minimum amount to invest? If yes,can you tell us how much is the minimum amount to invest for retail investors to invest with Sheesha? How do you choose and screen retail investors to invest with some projects or opportunities you are offering with? Thank you
Sheesha Finance have gathered amazing partnerships & Collaborations with toppest crypto platforms such as TeraBlock, MARHABA, DRIFE, ASM etc .. Along with these Partners How will the Sheesha Finance invade the DeFi industry in Ethereum & BSC ecosystem? Could you get specific benefits & huge marketing through your Partners? Are they long term partners of the Sheesha Finance platform until reach the destination of Sheesha Finance within DeFi ecosystem? In which manner will you support them as well as they contribute their part in these Collaborations?
As I noticed, Sheesha Finance has involved in NFT sector also & you mentioned that Users can sell, transfer, stake & utilize their NFTs within Sheesha Finance while Monetizing NFTs by creating a own their digital metaverse. Can you tell me, what kind of NFTs Sheesha Finance provide to NFTs collectors? Have they real world benifits? What is the average price range, you intend to Monetize initially in Sheesha NFT marketplace? And I also know that you allow the Sheesha community to create NFT artworks, For an example VESA can be referred. Could you please tell us Who is this artist VESA & How will he help to gain mass adoption on NFTs within Sheesha Finance ecosystem? What kind of advantages, will he claim for his amazing service? Will you hire more artists in future So that the talented artists within your community will be able to apply to be an NFT artist?
Early in Q4-2021 of your Roadmap, DAO voting system is to be released on Sheesha Finance website. So Can you tell me about the internal mechanism of this DAO voting system? Will there be a tiered solution according to the holding amount of $SHEESHA tokens for Participating in voting system? Can any one manipulate the decisions by creating multiple accounts in Sheesha Finance platform?
Do you consider that it is really necessary to bridge the gap between traditional finance and the blockchain industry, why? talk about blockchain and finance. decentralized is necessarily the same or should we view it as a system and its tool for optimal development, how does Sheesha Finance plan to maintain full transparency and integrity within the DeFi space?
At a financial level, as a benefit to NFT holders, the combination of Artificial Intelligence (AI) with Non-fungible Tokens (NFT), many times rewards are obtained and the exchange process is very late, since its token is listed in the exchanges so that the securities can exchange whenever they want, how sensitive is Sheesha to market volatility, who are its main users currently, are there any conditions to join your platform?
What should Sheesha holders do to have the opportunity to receive tokens from other existing and future DeFi projects, and to be able to diversify their portfolios without looking for opportunities themselves, which are the wallets compatible with their token, given the growing expansion of DeFi es It is necessary to increase communication to make it easier for new crypto members to participate in this system, what are your social channels to promote social interaction with the growing community of DeFi investors?
Sheesha Finance has made the smart decision by partnering with Sport Icon in launching NFTs for fans of sporting heroes. This will get Sheesha’s NFTs and NFT markets in the spotlight soon. Will investors holding $SHEESHA tokens have any preference for Sheesha’s NFT marketplace? Like getting an early buy or a discount on sporting heroes NFTs, I’m really looking forward to it.
As you stated, Sheesha finance promise to the new projects that they will not abondoned new projects & Sheesha finance incubate them as Bull & Bear friendly according to their whitepaper. Could you elaborate more details on the Bull & Bear friendly topic? Actually How will you gurantee that you keep a new born project in stable phase without any dump? Does Sheesha finance belong crypto Experts in their team to maintain attrctive features like the Bull & Bear Friendly feature?
According to your whitepaper Sheesha finance project introduce a relationship called as DeVC (Decentralized VC) between investors & project partners. As I got realize, this tool operates as a incubation process. So how will the DeVC implement in Sheesha finance project? Can Sheesha community decide whether the new projects will be incubated or not? What do you expect from the new projects instead of providing incubation to those projects at early stage? How will the DeVC tool enhance the economy of Sheesha finance project?
SHEESHA tokens is available on Pancakeswap & Uniswap at the moment. What are the causes to decide going for a Fair launch called LGE (Liquidity Generation Event) on Pancakeswap & Uniswap without any presale or private sale? As my knowledge, Uniswap incur high gas fees since it developed on Ethereum mainnet. So Will this Cause a drastic reduction of SHEESHA buyers? Aren’t you up to list SHEESHA token on CEXs like Binance,Hotbit exchanges? What will be the next exchange, you already negotiated with to list SHEESHA token?
Sheesha Finance’s ambition is really big when it comes to DeVC, DAO, NFT marketplace and incubator house. However, targeting in the short term is important while the DeFi crypto market is flourishing. So what are Sheesha’s main development goals in Q4 2021 and Q1 2022?
I checked Sheesha’s dashboard but didn’t see APY or APR when adding liquidity pool? Can Sheesha tell me the APY when staking $Sheesha?