We are pleased to announce our next AMA on September 23rd 2021 at 01:00 PM UTC Time: Satoshi Club x Waggle
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Waggle Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Waggle Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Waggle
For more details:
Waggle Website – waggle.network
Waggle Telegram – @wagglenetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Do the token holders have right to participate in the governance of the #waggle project? On what kind of decisions can they vote on about the project?
On most of today’s lending platforms, one of the main problems is credit with excessive collateral needed to lock in too many assets to receive a loan. How does #waggle plan to address overcollateralization but not reduce risk yet?
Southeast Asia is a very vibrant market and many project developed here so with #waggle project what do you think about Southeast Asia and do you have any plan to develop here?
I read from you medium that With WAGGLE’s strong deal flows and strict due diligence procedure, WAGGLE are planning to provide the retail investors curated opportunities to purchase vested tokens previously inaccessible to them. My question, when will you provide this curated opportunity to the retail investors? What will be the requirements for the retail investors to be able to access and purchase the vested token that was previously inaccessible? How long can a retail investor continue to invest with WAGGLE before gaining access to this opportunity?
We all agree that crypto is a super exciting space to be in and that’s why we are all here today. I probably have invested in many projects on the secondary markets which have brought me returns I won’t see in other investment assets. Can YOU tell me if there’s actually a more rewarding way to invest in crypto projects which I believe in? What if I want to participate in exclusive deals like the VCs in the space? Can Waggle help in this?
Projects that are not traded on major exchanges remain unnoticed. What do you think about listing your token on the well major exchanges?
Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of WaggleNetwork?
Many projects gets abandoned due to low fund and weak experienced team , what are the strengths and weakness of the WaggleNetwork?
You have 4 tiered users can participate in,Mini Bee,Worker Bee,Queen and Drone Bee.What is the maximum amount Holders need to stake that will give them the opportunity to be put any of the tiers?What is the higher APR giving to users when they make an increment in their stake amount or their duration of lock-up period?Do you have a time limit as to when the lock-up period will end? Thanks
To gain early access to promising crypto projects on Waggle,users are allowed to stake what minimum of $WAG tokens?How will you mitigate immediate sell-offs and rug-pulls after token launches?What avenue of benefits will project selected by Waggle have access to? Thanks
Projects face a severe dilemma in the pre-IDO phase of their fundraising journey,they resort to Vesting assuring investors that the project is not a pump-and-dump scheme and that its developers are committed to long-term goals but at the same time, though, vested tokens are illiquid; they can neither be traded nor collateralized the locked token remains out of the market’s reach.So what tools and protocols are available in Waggle that will enable project founders to access capital from their illiquid vested tokens?Also,due to lack of appropriate marketplaces projects owners have to rely upon OTC(Over the Counter) platforms that are often shady, putting themselves and their potential investors at risk.So how will you mitigate the concerns related to unsolicited OTC platforms so that early stage project can generate liquidity before their intended IDOs? Thanks
We know that including the community in the governance of the project is beneficial as it adds value to the community’s opinions and suggestions. Will the Waggle team accept the community to participate in the selection process for projects to be launched on the Waggle platform? Will your governance system allow the community to vote for each project in a transparent and secure way?
Waggle will have a marketplace that will have a sole purpose of bridging inefficiency in the market for the trading of locked tokens. Can you explain how this type of marketplace work and how waggle community will be able to trade project locked tokens at a discount in your marketplace? How can you list and allow community to purchase project vested tokens when these tokens are locked? Who will be willing to buy locked tokens from these projects when the tokens are locked and unavailable for immediate trade?
One of the ways in which users can partake in your post IDO exclusive projects is through Token staking and Tiered participation. Can you explain how many $WAD a user must stake to get a share of post allocation ticket? How are users broken into the 4-tier structure that you operate? Why will you sell tokens to participants at multiple prices rather than using a flat and uniform pool price? After the end of a sale, can users reclaim any staked tokens whenever they wish?
Waggle has announced an IDO on October the 8th on Solana. The followers expectancy on Waggle official channels is thrilling. Usually the Whiteling is passing before the IDO, so could you provide some details on both events? Thank you!
Waggle’s Whitepaper decribes 9 important factors that are essential for a project. I would like to ask you about two of them: Investors & Advisors and Partnerships. Please advise who has already been attracted by the project to become an investor or advisor and how many partnerships have you already locked in? Thank you!
On Your Mission – I understand is to inform empower all retail investors through opportunities to participate in the success of the projects they support while also creating values for teams by providing access to liquidity for the betterment of their projects. By providing opportunities for retail investors to participate in the success of the projects, could you explain to us in a clear terms what exactly this means?
Waggle we understand enables retail investors to participate in primary market investments while providing project Teams additional liquidity for the continuity of their innovations. Could you please explain to us what a retail investor mean in Waggle?
Hello Waggle team! What criteria do you evaluate to select the project teams that can sell their locked tokens and raise funds on Waggle? Do you allow the team to be anonymous or does it have to go through the KYC process to verify identity? Should the entire team do KYC or just the creators and developers? What are the mandatory requirements for a project to be approved by the Waggle team? Thank you!
In a recent tweet you mentioned that soon you will have community challenges, airdrops, IDOs and liquidity mining programs that will make your project grow, we want to know as much as possible! But above all, can you tell us about your plans to encourage community adoption? What will these community challenges be about?
You have arranged a tiered classification of your investors involved with the $WAG staking as Mini Bee, Worker Bee, Drone Bee and Queen Bee, could you explain to us the benefits of each tier? Is it possible that your stakers can also have a voice in your governance system guided by this tier?
Congratulations for raise more that $3.0 Millons to built your multichain marketplace for strategic token sales, Can you give us a little overview about what do you want to do with that money ? How do you plan to built this new platform?
Your official whitepaper will end in the 2021 Q3, so can you tell us what are your futher plansin the rest of the year or Q4?
Waggle use a type of “tiered participation” that allow users to unlock more opportunities proportional to the $WAG token that they hold, but can you tell us exactly how much $WAG token are needed for each tier? what’s the TOP tier?
I have understood that Waggle works currently with 2 chains BSC and ETH, so will you expand to other chains apart of them? like Polygon or Solana?
You point out that the projects and your team will go through strict procedures in order to guarantee the credibility of their counterparts, but could you really tell us more about these “strict procedures”? Will it really be impossible to overcome by scam projects?
You say that by staking $ WAG we will not only obtain a reward with performance, but it also unlocks more opportunities to invest, does that mean that much more attractive tokens with APY will be available if we stake? will it only be that?
I could see on your blog that they will launch an Airdrop, so could you tell us more about it? What should we do to participate in it? And really what will be the prize that the 1000 winners will share?
I understand that last quarter they would achieve the launch in the Eth, BSC and Solana networks, could they have already been integrated? If so, were they also audited for each of these networks? If not, when will they do it?
I could read that with Waggle you can get more benefits from locked assets, but really, what locked assets do you mean? will it just be a higher APY when locking assets for a stake? but could you really explain well what they refer to?
I could see that there is a lot of emphasis on retailers participating in primary market investments, but could you really explain a little why these investors cannot participate in these markets outside of Waggle? and how do you do it?
I could see that they will implement on-chain trading of blocked tokens via NFT among Waggle token holders, but how will they do this type of trading with NFTs? Could it be that only NFTs can be exchanged since they will be backed with blocked assets? or am I misunderstanding?
Could you really tell us what the end goal Waggle wants to achieve is? is it simply that retail investors can benefit even more from primary markets by better diversifying their investments?
You point out that the projects that wish to participate in Waggle should pass written procedures for both the project and its founders, but do you really complete this procedure perfectly? but how will we trust them if we don’t know that you fulfill them?
It caught my attention that you do not show your associations or who are the founders and the project team, so could you tell us about them? And also, how specialized is your team in this type of product?
Waggle has provided nine conditions for projects to meet, inorder to raise funds on it’s Market. However taking a critical look at three criterias of; Team Experience, Token utility and Technical efficiency; how will Waggle effectively verify the experiences and expertise of prospective project teams, since KYC verification on projects are also necessary, will that mean Waggle wouldn’t necessarily consider projects whose members choose to stay anonymous, also considering token utility and technical breakthrough as key factors, is it safe to say Waggle will not work or provide services to meme projects, and how will you help projects who which to incorporate any of the nine conditions?
Recently, the project Cover Protocol went under because of the lack of devs’ interest to pursue on the project itself leaving investors, traders and believers of Cover Protocol into a devastating financial loss. Given that, Waggle Finance caters and supports new and emerging projects within the cryptospace, how would you ensure that the projects you host guarantee a return-of-investment and ensure that the project will stay in the long term? Aside from the due diligence you conduct, does Waggle Finance has insurance policies for its clients and investors? Will it be the responsibility of Waggle when a certain project in your platform went bankrupt and under?
The mode and basis of purchase of tokens within the Waggle Market will be a first-come-first-serve basis. Oftentimes, platforms that utilizes this approach basis are full of bots and automated buyers that take advantage of the sale, leaving some potential investors behind and with minimal token allocation. Do you have any means of eradicating and avoiding bots and bot-usage within the Waggle Market? How would you ensure that each interested investors will be given the chance to buy new tokens with their desired amount and quantity? Will there be a minimum and maximum limit buy for each user in the Waggle Market?
Before Waggle features and hosts a project into its platform, due diligence is done in order to keep the quality of the project and ensure the funds of the retail investors. May I know the coverage of your due diligence process? Does this include sophisticated technological support, analysis and complex researches about the project? What are the characteristics and qualities of a project do yo require to have before listing them on your platform?
At some point during the Waggle project development, you plan to implement on-chain trading of locked tokens by means of NFTs among Waggle token holders. This feature seems pretty interesting and from available information, is expected to kick off Q1 2022. Can you briefly talk on this, how would this token to NFT trading process be done, what particular NFT assets are $WAG holders allowed to use while carring out on-chain trading, and since this type of trade is strictly restricted to locked tokens, how will the volume of these tokens on your Market affect trade activity?
Waggle has the vision of having primary markets for everyone, and for that it enables retail investors to participate in primary market investments while providing project teams additional liquidity for the continuity of their innovations. How small can be an investor to be considered as a retail investor? And as one, what benefits does the primary market have over any other markets to invest in?
Waggle believes in providing opportunity for all investors to have an exposure to primary investments to generate supernormal returns for their portfolio. What are the opportunities investors can find in primary markets that aren’t in other crypto markets?
One of the biggest events on your platform is the integration with Solana in the next few days, we all know the great scalability that this implies for the project, but will there be specific adjustments to adapt to the Solana network? What additional benefits will there be with this integration?
You announced the close of your private sale, and $3 million was successfully raised. However, there is no information on the total token allocated to private sale as well as the total sold. Can you share your token distribution? What percentage is given to private and public sale, and how are they vested? Also, you said your project is currently being built for BSC, Solana and Ethereum. However, you have only announced Solaium (a Solana based launchpad) as your IDO partner. When will public offering on Solana take place and what are the procedure? Is this the only IDO that is planned or are there plans to organise multiple IDO especially for other network?
It caught my attention that you have four investment tiers, Mini bee, Worker, Drone bee and Queen bee. However, you have not provided information on the minimum investment amount and the time frame relevant to each tier. Can you please share these details with us? By the way, whale activities has become a major threat to fresh projects. By introducting this type of tiers, don’t you encourage them? For example, if a whale invest as a queen bee and withdraw all his funds after a particular time, it may create a sell-off situation and there will be a negative impact on small investors who hold their funds as mini bees. Therefore, how do you assure that small investors will not be discriminated in Waggle?
The whitelisting for Post IDO of Waggle Network is to launched on Solanium io on 28th of September. Why did you select the Solanium io for your IDO as the launchpad though there are lot of reliable launchpad in crypto market? Can you tell us more details on this event? Are there any ongoing Whitelist competition/contest along with the upcoming Whitelist event in order to get a free whitelist spot? Will you make the KYC as a compulsory process since lot of platforms follow the KYC as necessary? How much amount of $ WAG tokens will you add to the IDO pool? What is the IDO price of a $WAG token? Which Currencies will you accept in the upcoming IDO, Can We use $SOL or USDT? Will there be a special chance/offer to $SLIM holders in Participating $WAG IDO? Will there be a token vesting Schedule in your IDO? Will you use the funds coming from your IDO for marketing purposes of the Waggle Network platform?
On your website and in Medium, you have announced about media partners and strategic partners of Waggle network. When examining those partners, I noticed that there are many renowned projects across the globe. What made them to build up partnerships with you? Since the collaborations help to design the future of a project, can you please explain the benefits that Waggle network receive from these partnerships? On the other hand, what do they get from Waggle? Do you hope to build up more partnerships in the future? What is the method of applying for a collaboration?
On 15th of September, You have announced a strategic partnership with BASICS CAPITAL platform. As I know, BASICS CAPITAL platform is specialized in developing early stage projects. Can you give more details on this strategic partnership? Did the BASICS CAPITAL platform support to the Waggle Network platform in building the ecosystem from intial stage to growing stage? How about the BASICS CAPITAL’s contribution for the upcoming IDO of Waggle Network platform? In return, What kind of privileges that BASICS CAPITAL platform expect from you? Will there be more strategic partnerships with Venture Capitalist platform & incubation platforms in future?
You have plans to integrate vaults, yield strategies, and further cross chain expansions in the next year. I am curious to know about the types of vaults, investment options that will be available in yield strategies, and new cross chain integrations. Can you please give a sneak peek about these three expansions? With aforementioned developments, will your market also have new features by 2023? Please explain about the milestones you have planned to achieve regarding the market. By the way, to achieve all these targets, what are your revenue streams? Do you have some external sources of profit?
I noticed, You are going to implement on chain trading of locked tokens via NFT among $WAG token holders in Q1-2022 according your Roadmap. Actually How will this feature get in to work? I meant, In which manner will we trade locked tokens via NFT since the tokens are locked already? What is the point of NFTs that take place on trading here? Will users be able to trade tokens or NFTs through this feature? Please explain this feature which is scheduled to implement in throughout the first Quater of 2022?
Waggle will hold IDO with Solanium on Sept 28. Why you choose Solanium as partner’s IDO? And How to participate this IDO?
Waggles’s Mission is to empower all retail investors through opportunities to participate in the success of the projects they support, while also creating values for teams by providing access to liquidity for the betterment of their projects.How does Waggle achieve all of its missions?
As Waggle network mission is to empower all retail investors through opportunities to participate in the success of the projects they support, while also creating values for teams by providing access to liquidity for the betterment of their projects. So,does your platform only consider retail investors,how about another kind of investors? Why do you choose to focus on retail investors?How can you give an assurance that those opportunities will be worth it the money invested by retail investor and can earn a sure return of investment or a passive income? As it mentioned that retail investors can participate in the success of the projects they support and provide access to liquidity for the betterment of their projects,so does transparency is being laid down and presented with the retail investors as they see and know where there investment goes? Thank you
Waggle network will be implemented on Binance Smart Chain (BSC), Ethereum, and Solana and you also plan to integrate with Polygon by next year. So,the more integration you have with different networks,what do you think is the impacts and advantages does it bring to your Waggle network? Aside from those mentioned networks,do you still have plan to integrate an additional networks in the future? If yes,what would it be?For all those networks that Waggle will be integrated with,which is more recommendable to users and traders? Thank you
In this year you plan to launch Waggle network project on Binance smart chain, Ethereum, Solana networks & in next year, you will integrate Polygon also. I want to know, Will you focus only on the networks mentioned above? What about Polkadot, Cardano networks? After you add the cross chain integration with Polygon, Will users be possible to Stake & engage in yield farming with multiple currencies within Waggle network project? Will there be available a cross chain Bridge mechanism to Swap ERC20 tokens to BEP20 tokens? Please provide a great info about this Cross chain integration with multiple networks?
I could pay attention on staking of WAG tokens in Waggle network project & I found four kind of Bees named as Mini Bee, Worker Bee, Drone Bee & Queen Bee. Could you please explain how this Bees system exactly operates with Staking protocal? Is it a tired system which will be able to unlock by the amount of staked WAG tokens in Waggle network project? What is the way to unlock these Bees for receiving some extra rewards? If a user stake WAG tokens & unlock the all four types of the Bees, What are the ultimate benefits that Waggle project offers him?
With a promising mission which diversify the investments of retail investors in to the primary markets, You endow the Waggle network market place to the crypto ecosystem. Which type of projects Will you introduce to the retail investors through the Waggle network? Do you consider always about the safety of Waggle users, avoiding them from being scammed by unpolished projects? What are the priority criterias, do you care when selecting a project for investments of retail investors? I have lot of experiences about retail investing platforms & they give large benefits to their investors. What will you give to the retail investors for their risky investments?
It is possible to apply various fundraising mechanisms in a project, do you consider that liquidity pools and the exchange of tokens by investors is the safest and most constant way to raise funds? Tell us a bit about the launch of the Token Staking initiative, do you have plans to expand beyond the Asian market?
Can you tell us specifically what are the points of the fundraising through IDO that you do not coincide with and are going to redesign? Do you consider that the training of new retail investors is necessary, because they decided to specifically unite these 3 chains BSC, ERC20 and Solana, what are the most outstanding contributions of each of them, what are the advantages of working with reserve tokens, to When will your next IDO be at Solanium?
What are your strategies to avoid carpet pulls, by betting with $ WAG that other opportunities besides additional returns can be unlocked, what are your next plans to develop after IDO, how does your native token work in your government system?
I see there are 4 tiers of Waggle: Mini Bee, Worker Bee, Drone Bee and Queen Bee. Can Waggle explain the difference between these 4 tiers? How to achieve different Tier levels and what are the benefits of each tier?
Currently, there are many projects that have gone through the audit process, but after a while, they also rug and let the project die. How can Waggle be confident that Waggle’s censored projects won’t rug? Does the Waggle team have any experience member in moderating blockchain projects?
Waggle is also like an incubator for potential projects where individual investors can buy tokens with vesting schedules for long-term positions at discounted rates. But if projects have unexpected problems during development, can investors sell back all the shares they bought? I think this is also very important for individual investors
Hello Waggle, my question is: I am a user with little investment, what possibilities do users have with a retail investment in their project? can they participate in primary market investments? What would happen if I only have tokens and I want to finance an innovation, can you give us more details on these points?
Waggle, has a staggered participation, that is, with several levels, which are: mini bee, worker, bee, queen bee, but I did not get information about these functions. I would like to know more about these functions of step partitioning and each level it represents, it is necessary to understand these functions, to apply them well in the project, what is the recommendation that Waggle gives about these functions? and understand the functionality of the WAG token and how to make the best use of the token, to get the best out of the platform. can you explain more about these functions. Thanks