Welcome to another episode of our AMA
series. Today we are glad to tell you about the AMA session with our friends
from Hyper Meteor, an
exciting and comprehensive business project that is made up of three separate
components: Community Platform, hub devices and Xchange. The AMA took
place on September 11 and our guests was Aadon Crouch (Director of the
project).
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 COMMUNITY
QUESTIONS
Gold Rocket | Satoshi Club: Hello Satoshi Club!
Don Crouch | Hyper
Meteor Ltd: Hi there everyone! Great to be here.
Gold Rocket | Satoshi
Club: Introduce yourself please. How did you get to be involved in crypto
& Hyper Meteor LTD. Tell us please
about your position in Hyper Meteor LTD.
Mary | Satoshi Club: Could
you please introduce yourself and tell us more about Hyper Meteor LTD?
Don Crouch | Hyper
Meteor Ltd: Yes of course, I have prepared some information about myself,
the company and what to expect over the coming years.
My name is Aadon Crouch and I’m the Director of newly
founded Hyper Meteor LTD. My personal background is in logistics, currently
working for the largest music and events haulier in the UK and EU as the
Operations manager.
For many years I have traded Crypto on a variety of
platforms (had a dabble), my forte is in processes and bringing all pieces of
an operation together to work effectively. This skill and others are what I
bring to the company, to ensure we can systematically execute the projects we
have laid out before us. We have a great starting team, some of which have
their own successful businesses and have the initial knowledge we require to
make a start. Over time our team will grow as we bring in the expertise
required.
Hyper Meteor LTD, is a company born from the love of space
and all of the research and development that will become available as we begin
to rapidly grow, as a species, within these industries and as we make our way
to becoming a multi-planetary civilization. As a company we have decided to
fully embrace the power of blockchain technology and to begin to position
ourselves to capture as much of the coming potential in growth and discovery as
we can. In doing so we hope to make an impact in the lives of everyone who is
touched by us as a company, in a positive way. A Hyper Meteor impact if you
will!
We have structured our company around three tokens and to
mention them briefly here; Hyper Unity, our core community token, Hyper Hub,
our utility token designed to be used in conjunction with our night sky capture
project and lastly Hyper Exchange, which as the name suggest we aim to
eventually become our own in-house token exchange platform.
At this stage there are two really important factors that
the team at Hyper Meteor LTD want people to understand about us and what we are
trying to achieve as an organisation. That it is our continual focus on
innovation and our determination to set a new standard in what it means to be a
company in the 21st century. In the short term we are looking towards raising
people’s awareness of the idea that we are in a position, for the first time in
human history, to be able to literally reach for the stars and to take an
active part in the unfolding of one of the most important chapters of our
civilisation to date. Over the long term we are looking to build a
multi-national company that will set the standard in all aspects of industry
connected with making us a multi planetary company by way of making us all a
multi planetary civilisation. In the future we want to build academies,
research and development projects, global public access observatory networks,
VR and AR games that are deeply educational as well as highly entertaining and
the list goes on.
We have our foundational three token projects, however we
are a company of innovation and consideration. There are many buzzwords people
are hearing in the world of Crypto right now. Decentralisation, Tokenomics,
Interoperability etc. There are so many projects and tokens our there and its
easy-to-use words to convince people that your project is a good one. Our
biggest buzzword after innovation is transparency. We may not be decentralised
to start with however it is our goal to become fully decentralised in the
future. We want our platform to be as interoperable as we can make it, with as
many chains and partner projects that wish to work alongside us, but we are not
there yet. I could go on, however the point I’m ultimately making here is that
we will always let our community know who we are, what we are doing and how we
intend to do it. Furthermore, we will always be open to listening to our
community both as a whole and right down to individuals who wish to submit
innovative ideas. We sincerely hope that people will view us as an opportunity
to try something new, to test and idea, to offer a perspective we as a company
may be lacking. This ethos along with others we have adopted as a company is
the innovation that will allow ever more innovation. We want to start the wheel
in motion and were here today to let people know that they are welcome to join
us at the wheel anytime.
Over time you can expect;
A social platform where users can interact (chat rooms,
forums etc), create, and share content, learn, play games, trade NFT content
and even buy creative services. This platform will keep on growing.
In due course we will commence our first prototype Hyper
Hub. We will be creating a network of sky scanners where users can rent time
slots to observe and capture footage of space and celestial bodies. We will
provide this footage in NFTs and provide options for the user to monetise their
NFT or keep it for themselves! In each location we will use one HyperHUB for
our community to enjoy and study findings.
Our hyper Xchange will be a place where projects / companies
can come and seek assistance with the launch, we will be offering media
creation packages, advertising, along with pre-sale tools similar to DXsale,
where we will launch the token for you after pre-sale, locking liquidity
straight away and helping secure a safe and successful launch for both owners
and investors a like.
Mary | Satoshi Club: I
know a lot of examples where projects tried to build social platform on
blockchain but currently they didn’t reach noticeable success, what different
you want to offer?
Don Crouch | Hyper
Meteor Ltd: So we have Andy who is my CFO, me and Andy have been family
friends for over 10 years now. We have Clive who is our CCO, he looks after all
our imagery and videos and is also our NFT artist. We have Miquel who is our
CIO, we have known eachother just under a year and he is forever popping
fantastic ideas for us to work towards. We have freidrich who is out CTO, he
will be assisting us with token launches and intergrations in the future.
Gold Rocket | Satoshi
Club: You spoke so lovingly about the team that I loved them too. It’s like
a family Is your team anonymous?
Don Crouch | Hyper
Meteor Ltd: Our community is going to be super fun, we will have lots of
activities for people to engage with, completions, gallery walls of the stars
but also educational for all ages. Our team is fully doxxed, I wanted to make
sure everyone can see who we are.
Q1 from Telegram User
@yellowchamp
I see that the team
behind Hyper Meteor LTD is committed to be 100% transparency and will maximize
100% of human potential innovation. So, literally how would your platform show
transparency to the community and to its investors? In what way that being
transparent will be given an attention to your platform? Can you explain how
would you maximize 100% of human potential innovation? As you want to maximize
the 100% of human potential,do you have any training or seminar offered to your
team to enhance more of their skills and knowledge towards work? Thank you.
Don Crouch | Hyper
Meteor Ltd: Good question, I wish I had a document with an exact
methodology on how to maximise human potential and transparency. Transparency I
feel is the easiest, especially when everything you are doing as an individual
or organisation is driven purely by desire to anyone and anything we engage
with as a company will accelerate and amplify to the benefit of all. .. It may
seem like a simplistic tenage answer however, when you are not doing anything
wrongand what you want is for everyone to see what you are doing is right,
well, then transparency is just second nature. As to how we are going to
maximise 100% of human nature, I am certainly looking forward to finding out!
We want to establish academies, run lecture serioes with master of their
fields.. fund research and in the process of doing all these things and more,
we want to get ever better at answering this very question. We will as the
years go on.
Mary | Satoshi Club: And
can you give us a specific example?
Don Crouch | Hyper
Meteor Ltd: Through the whole process of our first token launch (starting
public sale next week), I keep everyone informed of where we are at. What we
have and will spend raised funds on. I like to make sure all cards are always
on the table. And when it comes to our projects, we will ensure everyone is
aware of what we are doing in the background to bring it to life for everyone.
Q2 from Telegram User
@Pavel_Petrea
Hyper Meteor has
recently announced that about 60% of allocated amount was sold meaning the 40%
will soon go to public sale. My question is if you plan to set any amount limit
for public in acquisitions and what is your forecast for Hyper to grow? Do you
see it as a long or short term ascension? When and where the public sale is
planned to be held? Thank you!
Don Crouch | Hyper
Meteor Ltd: We had a great private sale given the fact we didn’t showcase
it to much. Not all allocated tokens got sold so with what we had left over, I
put aside 7 million tokens to distribute across our board and loyal moderators
who have been doing a sterling job. The remaining will infact be added to the
rest of the tokens we put on uniswap.
Mary | Satoshi Club: How
much did you collect during private sale?
Don Crouch | Hyper
Meteor Ltd: The public sale will commence next week and an announcement will
be made in our Telegram and across our socials. We will carry this out on our
community platform. I would need to check but off the top of my head, from the
780 million we put aside, we had just under 200 million left.
Mary | Satoshi Club: What
was the price for one token?
Don Crouch | Hyper
Meteor Ltd: We will be looking at 780 million to be sold on our public
sale, all that is left will go onto uniswap.
We had packs for people to buy.
AK (WILL NOT DM
FIRST): The price per token on the private pre-sale varied from package to
package, as you can see above in the picture Aadon has shared.
Mary | Satoshi Club: Where
and when we can join your public sale?
Don Crouch | Hyper
Meteor Ltd: www.hypermeteor.co.uk
and this will start, I would think from
Tuesday onwards. I just want to do some testing myself to ensure it all works
how we need it.
Q3 from Telegram User
@NataliyaKil
Refinable is the
Official Marketplace for HyperMeteor NFTs. What are the main features of this
platform that your community can benefit from? I was also interested in the
distribution of profits: 50% of sales will go back to the token split 25% to a
Space Charity and the other 25% will purchase the token and then burn to reduce
supply. Can you also tell us more about each part of the distribution? What is
the purpose of this particular distribution?
Don Crouch | Hyper
Meteor Ltd: The content on our refinable will soon be coming down and
replaced with some brand new NFTs created by our own NFT artist Clive. The
distribution of profit details are outdated and not what we will be proceeding
with, all fund will be going into our projects to start with. Our first partner
will be Adopt A Star! and we will be trial running the certificates and
scientific data the customer would normally receive on email… by NFT! Over
time we will be looking to attract fantastic NFT artists to showcase their
creative work on our very own NFT marketplace once it has been built and we
will reach out to various companies to see if our new NFT service (like what we
will trial with Adopt A Star) is something they would like to try.
Mary | Satoshi Club: Do
you have any examples of your NFTs to show to our community?
Don Crouch | Hyper
Meteor Ltd: Clive has kept his designs top secret i’m afraid however you
can see some of his work which is currently still up on the marketplace.
HYPER METEOR LTD have
a Merchandise Store which is allocated for Clothes. What is the reason for
integrating a merchandise store only for trading clothes though your visions
directly focused on Space & Astronomy Science? Can retail traders enter to
this Merchandise Store to sell their Clothes? Will you Extend this clothing
Merchandise store to Space Components trading store in future? What will you do
with Collected funds coming from merchandise store?
Don Crouch | Hyper
Meteor Ltd: Great question, we intend to look at how we can develop this
into an avenue for exploring questions like, ‘will there be a certain fashion
for space travel as it becomes more commonly available?’ And if so what
materials would we use and would we start to see integration of technology into
fashion as a result of a greater preference for for function as well as form.
The items right now that are available are based on TALU Things Are looking Up.
I personally just liked how it looked and wanted to see if it appeals to
people.
Mary | Satoshi Club: If
it will succeed where funds from sales will go?)
Don Crouch | Hyper Meteor
Ltd: And the clothes do look good, our moderator sirdizzydub bought a hat
and it looks great on him.
Again funds go back into the projects. You see, at the start
of this I new we needed a business plan and that’s what I got. A 5 year
business plan for us to work to and financial projections. This business plan
is out with a company who are head hunting investors for us. We can
systematically execute our plans straight away with with an large influx of
funds, however until that time, we take steps at a slower rate and get it right.
Q5 from Telegram user
@Highpee
Most exchanges usually
enable the swap or trading of assets from one to another but the Hyper exchange
will function differently. According to information provided, this exchange is
targeted at business startup and they can use it to buy advisory services. Can
you explain the type of advisory services provided and how they are bought? How
do these services provide alternative funding options for projects? Also, Since
you said business startup will be able to list new tokens for crowdfunding
campaign on this platform, does it mean that Hyper Xchange will also double as
a launchpad?
Don Crouch | Hyper
Meteor Ltd: Our Hyper Exchange is going to be aimed at, but not limited to,
new token start ups, low market cap projects or companies if you will. It will
be a place where said projects / companies can come and seek assistance with
the launch, we will be offering media creation packages, advertising, along
with pre-sale tools similar to DXsale I would say eventually where we will
launch the token for them after presale, locking liquidity straight away and
helping secure a safe and successful launch for both owners and investors
alike. All of this will be intertwined with out community platform, where there
will be advertising for new projects launching and dedicated pages to the
exchange projects listing etc. When it is time, our team will sit down and
thrash out all avenues for our exchange and bring in the talent required.
Mary | Satoshi Club: Which
blockchains will you support?
Don Crouch | Hyper
Meteor Ltd: Good question, at this stage I would be thinking of the
blockchains our own tokens live on. So that’s Ethereum for Hyper Unity, Cardano
for Hyper Hub and Hyper Xchange token. TBC.
Q6 from Telegram user
@victorogb
In an effort to develop and grow the Hyper
Meteor brand, you have set out a plan to Launch your Constellation app, Launch
the first AR/VR game space game, as well as expanding Hyper Hub to 6 countries
comprising of 30 Hubs. Even as these plans are expected to be available within
the first 36 months, can you carefully talk more on them, how will your
Constellation app work, what explorative functions will it provide users, and
with your AR/VR games, what should players expect, and what sort of gears will
be needed to play them? Also, as Hyper Hub expands to 6 countries with 30 Hubs
in total, what specific regions do you target?
Don Crouch | Hyper
Meteor Ltd: Ah yes, the constellation app. We are discussing internally now
if we make this app or go straight to the AR/VR. When the time comes, I will be
bringing onboard a team to get to work on this. We will be researching what
others are doing in this space, maybe an opportunity to collaborate with
another team that are aligned with our vision for it. My vision for our VR and
AR games are to be educational, to browse constellations and learn. Of course,
at this moment in time I cannot go into great detail until we arrive at that
part and dig much deeper and decide our direction. To answer the Hyper Hub
question, the soul of the Hyper Hub project will be its community of
institutions and individuals that have an interest in astronomy and space. Our
purpose is to grow that community, while intertwining it with the Hyper
Community project. We choose El Salvador to pilot our Hyper Hubs for many
reasons. One of which of course is that they have recently become a Crypto
adopting country, but we want to launch an Innovation Academy program, as a
branch of the Hyper Hub project. With support from the El Salvadoran
government, we want to organise educational programs around the subjects of:
Blockchain, Investing, Artificial Intelligence. We will see an opportunity to
retain the talent we train. The medium to long term plan is to extend the
network to other countries, encompassing both the northern and southern
hemisphere. Having a network that extends in both hemispheres matters because
you can see different parts of space from each hemisphere, as can be seen in
the diagram below:
What will our users be able to do with our Hyper Hubs? Users
can capture unique footage or study areas of space that are intersting to them.
Mary | Satoshi Club: So,
guys, can you tell us when we will be able to try at least one of your
products?
Don Crouch | Hyper
Meteor Ltd: The concept is meant to keep the user engaged in a never ending
search for the most beautiful and unique space footage. Their unique footage
will be provided to the user by way of NFT and from there, Hyper Meteor LTD and
the NFT owner can choose to keep it as a collectible or share it with the Hyper
community and even sell it on our own NFT marketplace once built.
We will be starting to build our first prototype in about 2
months time. We have our initial schematics. Im really excited about this, to
provide NFTs of space objects, that potentially only that very hub captured..
one of a kind.
PART 2, TELEGRAM COMMUNITY LIVE
QUESTIONS
The chat was open for 120 seconds; a
lot of questions were posted by Satoshi Club community. Our guest chose some of
them.
Q1 from
Telegram user @Hadia142
For any
crypto project, 1% of its success comes from the idea itself. 99% comes from
execution. I have seen many projects fail due to lack of expertise &
understanding of how the cryptosphere works. Does have the qualified team needed to fulfill all
your goals?
Don Crouch
| Hyper Meteor Ltd: Hadia, I fully agree with you. Through
building our business plan, we have identified what kind of individuals we will
need to bring onboard. Come the right time, we will seek out those individuals
ourselves or through an agency. You see our team will grow and our projection
is that by year 5 we will have approx. 200 people working for Hyper Meteor LTD
in some capacity.
Q2 from
Telegram user @Rakshitx5
Why did
you choose the ERC20 chain to launch the token despite its having high gas fees
which may stop many people to invest?
Don Crouch
| Hyper Meteor Ltd: When we made the decision on this, the fees
where not at the level they are right now. We had a discussion approx. a week
ago about this and to decide… do we stick with this or change chains. Of
course, I couldn’t see that changing chains would be a good move at this stage
now. We expect over time that these fees will go back down as its not
sustainable for them. Those that purchase Hyper Unity will get benefits for
holding them on our community platform.
Q3 from
Telegram user @Milon22555
Do you
have any Coin Burn / BuyBack systems or any Token Burn plans to increase the
value of Token & attract Investors to invest?
Don Crouch
| Hyper Meteor Ltd: Our CFO Andy has suggested that over a period
of 10 years we buy back Hyper Unity and burn the tokens we buy. I think this is
a great idea and something we will implement.
Q4 from
Telegram user @orlemys
The Hyper
Meteor business will operate in El Salvador as the pilot country, and you’ve
said you will have an impact in areas like education, wealth inequality, and
technology adaptation. Would you tell us how exactly you will accomplish these
feats? Also, have you gotten the necessary permits to operate safely and
legally in El Salvador?
Don Crouch
| Hyper Meteor Ltd: Our CIO Miquel has made initial contact with
the consulate and they liked our ideas especially given the direction there
country is going with Crypto. Once we have our prototype ready, we will be
heading to London for a meeting to discuss and go from there. We would like to
be backed by them and work together so we will proceed down this avenue and see
where it takes us. As mentioned earlier, the academies and educating and
involving their communities will be how we start to help them.. help them build
business in the Crypto space.
Q5 from
Telegram user @captainprice111
I noticed
that your project has been abandoned by a team recently, what did you do to
bring this project back to normal or revive the dead? What was the most
difficult thing for you while reviving the project? What is the biggest factor
that makes your project turn towards space exploration?
Don Crouch
| Hyper Meteor Ltd: There is a token called HyMeteor and this was
ran by another team (I dont no them personally). I came across the token and
invested $50 myself.. over the weeks to follow, these guys started arguing,
banning each other, it was a right mess and so me being me, I wanted to help
and so did a few other community members, after all we had an investment in
those guys. To cut a long story short, the token was renounced, the dev
vanished, we had no funds.. so unfortunately we couldn’t do much with it… But
for sure, that whole experience brought my new team here together and what an
amazing journey we will now take together! TALU!
Q6 from
Telegram user @Kushal85127939
Is there any educational material or e-gallery do you guys provide
on Space & Astronomy? Will only Space related NFTs be available on Hyper
Marketplace?
Don Crouch
| Hyper Meteor Ltd: Not yet but we will be Kushal. We will have a
part of our ‘Hyper Zone’ which will showcase in the form of gallery walls
content and images submitted but people around the world of the stars. It will
have categories like, mobile uploads – pictures taken on your phone, and
Mystery… what is it? These will be linked to Pinterest and our forums so our
community can enjoy and discuss them. I suspect our NFTs will be space related
of course, however we will see a nice array of ideas and themes over time.
Q7 from
Telegram user @Asela1112
You have a
own NFT marketplace & Already there are some NFTs such as ITS COMING HOME,
England Spaceman, USA Spaceman etc..Why did you focus only on Sapcemen When
Creating NFTs?
Don Crouch
| Hyper Meteor Ltd: We have a verified refinable marketplace yes,
we plan to build our own. In the mean time Clive will be taking down some
pieces of work and will showcase some new NFTs, which is very exciting. I
suspect he focused on spacemen as its in theme with us and the stars.
Q8 from
Telegram user @PSGLio
What
percentage of Hyper Meteor 100% allocated money has been sold? Do you have any
plans for Hyper Growth? Has Hyper Meteor launched a public sale? If Not, When
and Where will the public sale be launched?
Don Crouch
| Hyper Meteor Ltd: I wanted to start with spending some funds on
this very AMA as I have been watching for many weeks now how engaging and great
you all are on here. We have also spent some funds on a few twitter promos, our
own competitions and instagram. Over the coming weeks you will start to see
press releases from us on platforms like CryptoPotato. We have been inundated
with people (mostly scams) asking to help promote us. We will make sure our
funds are used to best use for the best exposure of our tokens AND our platform
services. The Public sale will be carried out via our platform
www.hypermeteor.co.uk. That will start next week, tune in to our socials and Telegram
to be advised exactly when.
Q9 from
Telegram user @nahid16288
Is your
Project a local and a global project. How many People do you have for non
english user? Can anyone uses your
services from anywhere in the world.Is
there are any restrictions of using your service?
Don Crouch
| Hyper Meteor Ltd: Hi Jhon, our project will be global. Our CTO
is from Germany, CIO from Spain. At this stage I cannot see us putting
restrictions in place for people around the world to use the services we
provide. I would want all people to enjoy what we create for and with them.
Q10 from
Telegram user @Mercury654
I found
One unique Company Wallet on your platform Which is called “COLLATERAL
WALLET”. Can you tell us what was the main purpose of introducing this
wallet in your Ecosystem ?
Don Crouch
| Hyper Meteor Ltd: To Priyanshu Singh, please see details
regarding our company wallets – Company Development Wallet – 500 Million
Tokens. The development wallet is as it says, it will be the wallet from which
all funds necessary for the continued and ongoing development of the project
moving forward and will kept and paid out from. Company Treasure Wallet – 500
Million Tokens – This will be the wallet that holds incoming profits generated
by the community platform and from here will wait to be assigned to another
wallet or be used in events such as future airdrops, prize pools and funding
third part projects. Company Collateral Wallet – 1 Billion Tokens – We aim for
this wallet to never be touched. It has become a regular and standard practice
for Blockchain projects to hold a certain percentage of its net worth in a
reserve that remains untouched for all but most needed circumstances. The
holding of a set percentage of net worth in reserve in and of itself creates a
base stability to the project and helps to mitigate against exploitation from
the 51% attack and also against volatility within the market. It will hopefully
minimize the impact any one holder of the token can make on the base price of
the token out on the open market.
PART 3, QUIZ AND INFO
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Hyper Meteor. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.
For more information and future AMAs, join our Social Media
channels:
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 Anatha and our guest was
@ANATHAONE. The AMA took place on 14 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 community
Andrés
M. | Satoshi Club: Hello
dear community and welcome to another AMA session.
Gold
Rocket | Satoshi Club: Hello and welcome to Satoshi Club😍
Anatha
One:
Hi everyone. Thanks for having me.
Gold
Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are
pleased to announce AMA with Anatha
Andrés
M. | Satoshi Club: Our friends from Anatha project are
here. @ANATHAONE welcome how are you?😃
Anatha
One:
Im doing wonderful. Prepping for some travel later today but happy we are
getting to have our little chat today first.
Gold
Rocket | Satoshi Club: We are very glad to see you again!
Anatha
One:
glad to see the community is still going strong!
Gold
Rocket | Satoshi Club: I hope you have a lot of news from
our last meeting ❤️
Anatha
One:
Oh I imagine I will. A lot has happened since then!
Gold
Rocket | Satoshi Club: yes, a lot has changed since December😁
Andrés
M. | Satoshi Club: Excited to know more about those events
🥳
Gold
Rocket | Satoshi Club: So…
Let’s start! Introduce
yourself please. How did you get to be involved in crypto & Anatha
Anatha
One:
shall we?
I bought my first BTC
back when it was 14 cents and have been a die hard member of the larger crypto
community since about 2013. I was working in finance when BTC first emerged and
a few of the guys in our IT department had mentioned it. We explored using our
office’s rigs to mine it but found it was more cost effective just to buy some.
My office lost interest almost immediately and so I ended up with a few hundred
BTC from those early experiments but it wasn’t until 2013 that I realized just
how important the technologies that made BTC possible were to civilization.
While the 2008 crash
created BTC, it also created in me the passion to see these solutions emerge
and to make sure that in the future, no one should have to have their lives
destroyed because a few bankers in a darkened room decided they wanted to
extract value from the global marketplace.
Gold
Rocket | Satoshi Club: Tell us please about your position
in Anatha
Anatha
One:
As CEO & Founder it’s my job to make sure we stay on track. I get to be the
crazy one with all the fun ideas but my amazing team has learned how to
interpret my goals really well over the years. So it’s a joy to lead Anatha,
indeed one of the greatest privilege’s of my life.
Gold
Rocket | Satoshi Club: Give us a brief introduction to
the project. What is the essence of Anatha
Anatha
One:
Anatha is the culmination of over 7 years of research, planning, and investment
to leverage advances in information science and economic design to solve some
of the world’s stickiest problems (namely structural violence and extreme
poverty). It is my assertion that these problems are not only solvable thanks
to crypto but our industry is going to unlock an age of abundance unlike
anything we’ve seen yet. Anatha is dedicated to building ‘Crypto for the 100%’
through its decentralized economic systems and tools that put human needs
first.
Our innovative economic
design creates a regenerative economy that feeds value directly to its network
participants, creating a bottom-up universal basic income (UBI) that is working
to eradicate global poverty.
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
Anatha
Andrés
M. | Satoshi Club: Please remember us, what is the meaning
of the word Anatha?
Gold
Rocket | Satoshi Club: @ANATHAONE you speak so fondly of
the project as if it were your child 😊
Anatha
One:
Projects can be a never ending stream of iteration, while the first iteration
usually takes the longest (6-18months) they tend to get tighter and tighter as
things progress. Now our usual development cycle is more like 3-6 months but we
are also tackling some very big endeavors in DeFi and Social which I expect to
take a full 12 months now that they are scoped out.
Gold
Rocket | Satoshi Club: Also we would like to know more
about your team. Who is on the project team core?
Anatha
One:
yeah, I actually completely gave up the idea of a family so that I could serve
my lifes purpose. Anatha is an extension of that, so I do treat it like my
child and the team like my tribe, responsible for raising out little golden
child.
Anatha is short for
Anathapindika. He was the first chief lay disciple of the Buddha. He was also a
master entrepreneur who built businesses that were so beneficial to everyone
around them that its said he achieved a certain degree of enlightenment from
his business practices. So he’s my patron saint and someone I look to for
inspiration.
Very espiritual, we
love it 😃
Anatha
One:
My team is actually big enough now where I don’t even get to see everyone on a
regular basis, since there are so many pods to keep track of but we have a lot
of overlap with the Cosmos / Solana development communities, whereas some of my
top guys have won hackathons in Solana not too long ago.
Joe and Vidor are
probably the two MVPs on the development team but there are more and more great
coders emerging everyday now. We are fortunate to be so well funded at this
point that we can continually hire new talent and new teams.
Gold
Rocket | Satoshi Club: As far as I remember you were
anonymous at the time when we e-meet last time.
Anatha
One:
No, I was a public figure by then but some of my team might have still been
working from the shadows. You can see most of the core team on our website
these days.
Gold
Rocket | Satoshi Club: a good idea gathers the best people around it😊
Gold
Rocket | Satoshi Club: Thank you very much for sharing😊
And many thanks for
great introduction, we have several questions which were selected for the 1st
part. Ready to start?
Anatha
One:
sure lets go
Q1 from Telegram User
@andrey_seleznov
Hello
Anatha!
I
learned that Anatha network is a fully decentralized, permissionless, trustless
P2P network built on Proof of Stake and built using Cosmos/Tendermint. Please
tell us why you felt the need to create your own network instead of creating a
dapp on one of the existing blockchains? Amount of effort must’ve been
substantially bigger I bet. Also I’d like to ask why the choice of
Cosmos/Tendermint instead of other more popular chains with higher userbase?
Are there any specific features that only Cosmos could provide to Anatha dev
team?
Thank
you!
Anatha
One:
It was a LOT harder but in order to get the economic outcomes we wanted,
specifically for the token emissions, transactions fees, and all gas costs to
go back to the end user it required us to be at the protocol level.
These days I’m leaning
more and more towards layer 2 solutions for most of what we need but we had to
start by designing a layer 1 that would give us what we need.
We are network agnostic
though and have plans to build some layer 1s on Solana and Ethereum when
appropriate.
To me, the entire
industry is just one big metasystem. I talk about that a bit in my masterclass
series, which I highly recommend watching.
Gold
Rocket | Satoshi Club: Thanks for sharing ☺️ I will definitely look😊
Thank you very much for
the clear answer. Do you want to add something or can we proceed to the next
question?😊
Anatha
One: oh and we chose Cosmos because of its focus on
interoperability, which is needed for some of my larger plans. Sorry didn’t
catch that
Andrés
M. | Satoshi Club: I agree, is a great network
Anatha
One:
ready when you are
Gold
Rocket | Satoshi Club: important remark. I like this blockchain too
Q2 from Telegram User
@Jamesxmen
Anatha
provides a Enterprise Solutions for entire Crypto Sphere Just like a Incubator
Platform. On Which directions Do Anatha Project initially concentrate their
Capabilities? Will you help the Novice Projects to build from the Seed stage to
Growth Stage, including in Fundraising events? To give a Consultancy Service
like this, there Should be a well experienced team in Anatha Project,
presenting with Crypto Veterans & enthusiasts. Do you have a team like that
presently or are you looking for a well experienced team from Anatha Community?
And Please tell us, How will Anatha Project intercede in making Smart Contract,
Creating NFTs & marketplaces?
Thank
You!
Anatha
One:
My core team is responsible for tackling the initial phases of any enterprise
deal. Currently the big clients we have on the hook are the Indonesian
government for their new carbon credits program (which we are turning into a
crypto that also feeds back value into Anatha’s Torus) and a number of NFT
partners that want their own marketplace (think pro-sports memorabilia).
It can be a lot of work
sometimes but the way we are designing our systems, every new enterprise client
is another node in the Anatha ecosystem which in turn supports the rest of the
ecosystem (a network of networks, vs a single hub).
And if you have any
projects in the space that you think deserve to exist, we are more than happy
to help provided it seems congruent and in alignment with our larger
objectives.
Andrés
M. | Satoshi Club: Could you tell us about those partners?
Anatha
One:
Currently Project Anatha is finishing up it’s stargate update which will allow
us to plug into all the new AMMs that came out this year (Osmosis and Gravity
to start). After that it will open the door for us to integrate smart contract
issuance but we also plan to launch an interoperable NFT platform using Solana.
Andrés
M. | Satoshi Club: Congratulations👏
Anatha
One:
Well the biggest and most important one is the Indonesian Government. I’m very
lucky in the head of my international relations, Carl Maybin, built most of his
career installing some of the earliest telecommunications networks in South
East Asia, so his contact list there is VERY strong. He’s the one who opens
doors for me in the region.
Our partners there, a
group called Bakri, have the licensing for over 20mil hectares of land that is
ideally suited for carbon credits. They had actually already run a test that
didn’t go well, so we are coming in to improve their efficiency by making a
digital currency that is backed 1:1 with a fully verified carbon credit.
Carbon Credits
currently sell in closed markets for roughly 10 USD but the futures markets
have them closer to 50 USD. At either price the number of credits we can
produce on the land in Indonesia would make us easily one of the biggest most
well funded projects in the industry. So it’s a big “get” for our
ecosystem and something I give much of my free time to working on.
Andrés
M. | Satoshi Club: Thanks for the answer, with not doubt
Indonesian people will be benefitted because this alliance
Gold
Rocket | Satoshi Club: I think over time Indonesia will
be very grateful to you for this contribution.😊
Anatha
One:
So the move I am making here, is I am going to tackle poverty by first tackling
global warming and reducing carbon emmissions globally.
and yes the amount of
money we will create for the people of indonesia is enough to dramatically
alter their economy for the better.
early estimates place
it as potentially being their strongest export
Andrés
M. | Satoshi Club: We have our own Indonesian community https://t.me/satoshi_club_indonesia
, we are glad to know you are improving their economy
Anatha
One:
being part South East Asian myself I am very passionate about improving the
economies in those regions
I also am looking to
secure the same kind of carbon credit deal in Thailand but have not secured the
agreements yet
Gold
Rocket | Satoshi Club: Thank you very much for this noble
cause to improve our world. ❤️
Andrés
M. | Satoshi Club: 👏👏👏
Anatha
One:
As I said earlier, it is my life’s greatest honor to be able to live in service
like this. I can think of nothing else I would rather be doing with my life.
Andrés
M. | Satoshi Club: Thanks for you kind answer, let’s
proceed with the next community question.
Anatha
One:
sure
Andrés
M. | Satoshi Club: I
like the way you think😃
Q3 from Telegram User
@yellowchamp
Your
team started Anatha with the goal of helping usher in economies that put human
needs first and your team have decades of experience working with some of the
world’s most esteemed brands. So,can you tell us what human needs that Anatha
is focusing on helping with? As you want to achieve this goal,what steps does
your team taken first and how does your platform make your goal into action at
the same time you also generate revenue? Is this goal is for long-term goal? As
your team have decades of experience working with some of the world’s most
esteemed brands,what is the impact that those experience brings to help achieve
your goal and to help the innovation of Anatha network? Thank you
Anatha
One:
Well our goals might sound really lofty or ephemeral at first glance but they
are actually really pragmatic. Our
primary objective is to create no less than 2 dollars in value a day per user.
If we can sustain that level (or exceed it) then we can say we have created a
cure for extreme poverty.
Imagine if solving poverty
was as simple as getting people to install on app an a phone or in the worst
case scenarios giving out an older generation phone with free internet access
(which we can provide) that then becomes a lifeline for every user. We are
actually a LOT closer to our goal than most people realize I suspect as
depending on when you joined some users
are averaging over 6 dollars a day already.
As we scale we of
course need to continually unlock more value but thanks to metcalfs law adding
new users IS adding more value in most cases.
That said, having
veterans on the team from companies like Adobe and Apple really help Anatha
stay coherent as a brand while I can focus my mental energy on the bigger
picture. While Anatha started as an idea in my head I can’t take credit for
what its become without mentioning Daniel Coffeen and Michael Chichi who lead
the branding and design departments. Without them Anatha would be akin to a
soul with no body, a good idea but just that, an idea.
Andrés
M. | Satoshi Club: It sound like a great focus, could you
share us your roadmap? What we can expect for the next year?
Anatha
One:
For those of you not suffering from poverty imagine an ecosystem of social,
chat, defi that pays you to use it and you can get an idea as to where we are
going with this.
Andrés
M. | Satoshi Club: That’s
true, we must do that we can to help
Gold
Rocket | Satoshi Club: This is a great idea and I believe
that with such a leader and team you will be successful.👏👏👏
Thanks for your great
answers! let’s proceed to the next question!
Anatha
One:
Sure, as I mentioned earlier we are just finishing the stargate upgrade to our
network so you can expect to see us plugging into the larger DeFi ecosystem
more readily. Looking beyond that we are also launching an NFT issuance
platform, an Anatha based Omni-AMM that will be compatible with multiple
ecosystems at once, and a complete chat/social system that allows you to share
content in a tokenized environment (imagine owning your
facebook/reddit/instagram/etc accounts the same way you own a crypto account
and you will start to get the idea).
Anatha
One:
Suffice to say we’ve got a lot of spinning plates but our team is big enough
now to handle it just fine.
Andrés
M. | Satoshi Club: Thanks for sharing, our next question
is about the Q4 would your roadmap, let’s talk more about it😃
Q4 from Telegram User
@Asela1112
In
Q4-2021 Roadmap, You have decided to integrate a DeFi investment on UNISWAP V2
& Pool Together. Can you give us a sneak peek about this Upcoming event?
Why won’t Anatha Platform focus on Uniswap V3 instead of Uniswap V2 since
Uniswap V3 have more Functionalities than Uniswap V2? So Will Users be able to
invest $ANATHA tokens directly on Uniswap V2 & Pool Together DeFi platforms
after this event? But the main issue of the investment platforms that you have
selected, is the high gas fees since they are operated on Ethereum blockchain.
So How do you manage this issue smoothly? Don’t you have an idea to launch this
event on Binance platform also?
Anatha
One:
Hi we did that back in Oct 2020, while our Uniswap listing has been very
important to us we have since added a BHEX listing and plan to add many more in
the coming months. We plan to integrate pools on Osmosis and Gravity while we
also have multiple applications with CEXs like Gate.io underway now.
You can also buy ANATHA
tokens directly from the network using a debit card or crypto but we understand
the importance of having as many channels as possible. So you can expect us to
continually looking for new channels and gateways to integrate,
One of the more
exciting ones that isn’t on our roadmap but is moving quite rapidly is debit
card integration. We weren’t planning on having that until late next year but
thanks to advances in that niche its become much easier to create a crypto
compatible debit card system.
Anatha
One:
We are aiming now for q1 – q2 debit card integration which should time nicely
with the overall market.
As for the Q4 roadmap
almost everything on the list is done, except for two way swap which will come
after the stargate update.
Gold
Rocket | Satoshi Club: Are there any restrictions for
debit cards in certain countries?
Anatha
One:
And as for Uniswap v2 vs v3 we weren’t entirely convinced v3 was an improvement
and have been tracking that issue for some time now. Many projects complained about
the changes in V3 so we are waiting to know more on that topic
Andrés
M. | Satoshi Club: Great achievements👏
Gold
Rocket | Satoshi Club: This is a justified decision. 👍
Anatha
One:
thats a good question, to my knowledge no but thats an ever shifting
marketplace with new laws coming in on a regular basis this year. So we will
have to wait and see what our debit card partners can provide when we finally
deploy.
Anatha
One:
I can tell you that their focus is on Western markets though, so US for
starters.
Gold
Rocket | Satoshi Club: Thanks for your answers ☺️
Andrés
M. | Satoshi Club: Will you have vip levels for the credit
card? Like premium, platinum?
Anatha
One:
We will likely have premium branded cards you can only buy with Anatha but
other than that it seems all cards are the same with this partner
We will explore a
rewards system for power users who plan to be using the cards a lot though
Andrés
M. | Satoshi Club: Thanks for the clarification. Now, 5th
question is here, ready to proceed?😃
Anatha
One:
ready when you are
Q5 from Telegram User
@Pavel_Jarosh
Thanks
Ed and the whole Anatha team for great project and your life vision in general.
As per anatha.io the current price for 1 Anatha token is 0.31 EUR. Do you plan
to offer a discount of this rate if I plan to choose your Plan 1 Supporter?
Thank you.
Anatha
One:
We cannot actually control dashboard price as we designed it in such a way
where it is the decentralized network that owns the treasury. However, I can
see that our BHEX listing and Uniswap are currently offering Anatha at a discount
relative to the dashboard price so the easy way to get a discount is to go to
Uniswap or BHEX and purchase them from other users there.
I expect it will take
some time to get all listings and gateways in equilibrium with one another so
until that happens there are arbitrage opportunities present in our markets
its funny because as a
US citizen I cannot trade on BHEX, meaning I can see the opportunity but I
can’t actually enjoy it myself.
More for the rest of
you that way though!
Andrés
M. | Satoshi Club: Could you tell us about the tokenomics
of your token? What is the max supply and current market cap?
Gold
Rocket | Satoshi Club:
Yes, a funny incident
Anatha
One:
Well BHEX is our first CEX listing but if you mean Anatha’s tokenomics we used
biomimicry to design the supply to track human population growth. So we started
off with roughly 7.8bil units that the network owns and has made available to
purchase while our inflation model creates 1% more tokens a year and
distributes them according to our Torus (meaning users like you get the most
tokens in our inflation model).
I’m an advocate for
economies with a good GINI coefficient and our Torus helps move the economy in
that direction without forcing the issue too harshly.
Andrés
M. | Satoshi Club: Correct, thanks for the clarification😁
Anatha
One:
The team and all its partners only every got 2% of the economy but the rest are
being distributed to the global community one way or another
Andrés
M. | Satoshi Club: Thanks for the info, what about
security? Have you done audits?
Gold
Rocket | Satoshi Club: Unique solution😊
Anatha
One:
Yes we have amazing audit teams both internally and externally. Halborn is
perhaps the most well known and have worked on audits for big names like Nasdaq
and Bakkt. So they are regarded as one of the best security teams in the market
and we are proud to have them working with us on a regular basis.
https://halborn.com/
That’s who we rely on
mostly for our external 3rd party audits
Gold
Rocket | Satoshi Club: Safety first🙌
Anatha
One:
Steven W (we call him wrapped Steven or wSteven) is an absolute stud and one of
the cooler guys you will ever meet in cybersecurity
just be sure to ask him
about his comic collection if you ever meet him. Im very jealous of it.
Andrés
M. | Satoshi Club: Big
brands there, congratulations for your big efforts👏
Haha definitely we want
to know him
Well, this amazing AMA
is almost ending, is time to proceed with the last question of this first part
of the AMA
Q6 from Telegram User
@KathDM
I
noticed that Anatha gives users the opportunity to earn income through a
referral program, we can receive 10% of all purchases made. Will we start to
earn that 10% even if we have only one referral or do we have to reach a
certain number of referrals to be able to receive that 10%? Can we have as many
referrals as we want and still receive 10% for every purchase they make?
Anatha
One:
You receive your referral rewards at the time of purchase. No minimum threshold
to get to and you can have as many referrals as you can find.
As someone who has a
sales background I know the importance of rewarding people who bring value to
an ecosystem so our referral systems are simply an expression of those values.
Gold
Rocket | Satoshi Club: What other reward systems exist
for the community? Perhaps for holders? Or something similar?
Anatha
One:
Well we have a system to reward people who get other users to sign up for an
HRA coming, we also have an HRA marketplace so you can re-sell domains, we have
a wonderful staking program, and for those of you that are really serious we
still have validator slots open.
basically we wanted to
create as many ways to reward our user base as possible
Gold
Rocket | Satoshi Club: Please share how we can join.
Possibly links
Anatha
One:
our core design philosophy is that users are partners, not products. Meaning
the money we are sending them is value they created by being there, so its only
natural we share it
Well a good place to
start is by downloading our app
Gold
Rocket | Satoshi Club: I like your philosophy so much. it
seems to me if there were more people like you in the world it would be better
place 🙂
Anatha
One:
Well the good news is there are a lot of people like me but we are all just
coming of age now. We are the first true children of the information age,
finally coming to take our place as captains of industry
if not us, then who
will fix the problems of the world?
Gold
Rocket | Satoshi Club: Thanks for sharing. 😊 I
wish these captains that there is always a fair wind in their sails ❤️
Anatha
One:
It helps if you see Anatha as part of a larger movement in crypto. That’s
what Crypto for the 100% is about
Part
2 — live questions from the Telegram community
Q1 from telegram username @Cheriemike
I read in a news website that Anatha Founder and CEO
Edward Hickman DeLeon Launches Master Class with it 16 episode entitled
“Cryptocurrency: What It Is and How It Will Change Everything”,Can you tell us
more about it?Is the class still going on?Or do you have a channel like
YouTube,where we can watch and learn?
Anatha One:
You can see the first season of the Masterclass for free anytime here:
I am flying to LA later
today to film the 2nd part! So expect more content soon.
Q2 from telegram username @Ratash97
You said that users must have an active HRA to
receive rewards what does it mean ?
@ANATHAONE
Anatha One:
Anyone who has an HRA registered will receive a portion of all newly created
tokens, transaction fees, and gas fees. This is part of what we mean when we
say our users are our partners, not products (the way we are in our current
systems).
Q3 from telegram username @Jonathantross
As I am
new in this Crypto space . Is any video tutorial is present on your Platform which guides me
Completely about the ANATHA Ecosystem and what benifits it will provide ?
Anatha One:
Aside from the Masterclass which I posted above there is also our explainer
video which is quite useful:
Q4 from telegram username @victorogb
Can you elaborate on your “UBI” rewards which would
be unlocked in October, what would be it’s features and benefits?
Anatha One:
On Oct 1st of this year, the Anatha Torus will activate and open up to users
collecting their rewards on a daily basis. For those of you that want to
partake in that distribution all you need to do is sign up and register an HRA.
As you can see here we
currently have over 10mil USD ready to distribute back to end users:
🧨
It caught my attention that Anatha has plans for Q4 2021 to integrate on
its platform: “Phase 0: Anatha Wallet Emergency Recovery Tool (Dead Man’s
Switch)”. Can you tell us more about this future tool that will be on your
platform? Why is it call dead man’s switch? How will exactly work this recovery
tool? How can people recover their account? Will it be needed some kind of
personal information to verify their identity or will it be through other
methods? On what emergency cases will users be allowed to use this recovery
tool? And most importantly, how will you make sure that is being used for,
indeed, an emergency, and not for stealing wallets? @ANATHAONE
Anatha One:
So this is a great question and a problem that we simply MUST solve if we are
to move on to the next stage. The final scope for this feature is still being
prepared but the general idea is you would set a timer on your account that the
network recognizes. If you go beyond that timer the network attempts to contact
you to see if you are still alive and well.
If, after an extended
period (which you can determine in your settings) you have not contacted the
network it will then disperse your private keys to a designated, trusted
account that you determined at the offset.
In this way you can
have a digital will for your loved ones or a backup plan, in case you lose the
keys to your main account.
Its a sorely needed
feature for our industry and something I will be very proud of once finished.
Q6 from telegram username @csgonub
Are there any roadmap of you to create NFT platform
using Solana?
Anatha One:
Yes, we actually got very lucky and one of the most prominent Solana teams
offered us their NFT platform in a partnership deal that is being signed this
week. the platform is already working and ready made, meaning we would just
have to reskin it, set some automation to that a portion of the platform fees
are going into our Torus (IE: back to users like you) and then we are off to
the races.
We still need to
populate it with talented artists and devote resources to marketing it but
those are all very solvable problems thanks to my teams level of expertise.
Q7 from telegram username @Tahsinahmett
The old financial system puts capital before people.
Do you think there is a difference between existing DeFi projects? Isn’t
capital ahead in crypto as well? ANATHA’s solution idea is very good, but how
do you plan to reach people who do not even have technology with the HRA
system?
Anatha One:
You are absolutely correct in pointing out most of our systems old and new put
capital interests ahead of human interests. We think that is simply a natural
part of the transition, whereas we are building new systems that look and
behave like the old ones.
Looking past that, we
are finding that the market wants to do better and specifically there is a LOT
of money and support for systems which are regenerative and put both human and
ecological health first.
So in that regard
Anatha is one of the first movers in that newly emerging sector. That said, we
have plans to be able to help even the poorest most disconnected people on the
planet. Even going so far as to give people in refuge camps free phones,
internet, and their first HRA so we can get them living above the poverty line
with one move.
This is something near
and dear to my heart but also very good for the positioning of our ecosystem as
by banking the unbanked we can push user adoption to new heights.
Q8 from telegram username @MdLuffyo
Does the Anatha platform work with one or more
blockchain networks and which network is it integrated into, can you share your
preference with us? Are WANATHA and ANATHA equivalent, what are the differences
between the two?
Anatha One:
Yes, this is an important distinction. We built our mainnet using the Cosmos
SDK and are therefore compatible with all things Cosmos. However we are network
agnostic in our overall design approach, so we are bridging into other
ecosystems (quite literally building dapps that are bridges) and making tools
wherever they make the most sense to be built.
Cosmos is about
interoperability and so we plan to leverage that to full capacity and will not
rest until every important ecosystem is interoperable and connected with one
another. That includes our own of course.
Q9 from telegram username @Guandog
What vision or hopes do you have for how Anatha
plans to contribute to a better world with cryptocurrencies? Do you have any
important or personal goals to tell?
Anatha One:
Yes, I personally will not rest until I have directly freed no less than 1
million people from poverty. I believe I can go much further but I have set the
1mil person threshold as my initial goal and thanks to the way the Torus works
I can track my progress in real time.
By creating an economic
ecosystem where no one is living below the extreme poverty line of 2 dollars a
day, achieving my goal is as simple as on-boarding new users as rapidly as I
can. Something I remain dedicated to every morning I wake up.
Q10 from telegram username @atillayeni
When some of the people still don’t have computer or
mobile phone how do you plan to give crypto for the 100% ?
Anatha One:
Great question, we have strategic partnerships with organizations who have
found a way to turn a profit while giving away a free phone and free internet
for life. Essentially the attention and engagement of the new user is more
valuable than the final cost to the project, so you can expect us to be
deploying such systems in the places they are needed most.
For example, it only
costs about 30k Usd to build a WISP (wireless internet) in most markets, so
even in places where there have no internet we have a way to get to them.
When we say 100% we
really mean 100%. The wealthiest man in the world will benefit from our
approach, as well as the poorest families. They will each see the system from
different perspectives but it is still useful and beneficial for all of us to
use.
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:
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 Xan.to and our guests were @TOMTOKI @woj_woj and @motif24365 . The AMA took place on 12 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 community
Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We are pleased to announce AMA with Xan.to
D.
| Satoshi Club: today our guests – @TOMTOKI @woj_woj
and @motif24365 !
Tomasz
Tokarski: Hello!
Wojciech
Wójcik: Hello
Gold
Rocket | Satoshi Club: Hello and welcome to Satoshi Club,
guys
D.
| Satoshi Club: hello guys! finally, this is time for
your AMA 😉
Tomasz
Tokarski: Once again Hi!
D.
| Satoshi Club: haha hello!
good to have you all
here 😊
let’s begin our AMA! 🚀
Gold
Rocket | Satoshi Club: Pozdrowienia😁
Tomasz
Tokarski: Wow Polish!
Gold
Rocket | Satoshi Club: that’s all what I know🙈
D.
| Satoshi Club: i know you live very close to Poland 😉
Tomasz
Tokarski: Dziękuję is Thanks
Gold
Rocket | Satoshi Club: Thanks for joining guys!
Sam
S:
Hello All, Excited to be here with Satoshi Community and what we bring is a
utility token with a difference
Gold
Rocket | Satoshi Club: Yes Ukraine and Poland are
fraternal countries 😁😍
D.
| Satoshi Club: sounds interesting 👌
Gold
Rocket | Satoshi Club: So… Let’s start! Introduce
yourself please. How did you get to be involved in crypto & Xan.to
Tell us please about
your position in Xan.to
Tomasz
Tokarski: I am CEO and Admin and Creator of Xanto Company –
producer of Xanthohumol
Xanto is the world’s
only producer of the cleanest Xanthohumol on the market (over 99.8%). We
deliver Xanthohumol in industrial quantities which means kilograms – not grams!
Xanthohumol is produced
using a fully natural method by extraction of hop cones based on a unique
patent registered in more than 40 countries around the world.
Xanthohumol is a
natural compound with a range of properties that have a significant positive
impact on the functioning of the human body, such as antioxidant, anticancer
and anti-inflammatory effects, and their strength is incomparably greater than
that of currently known compounds.
With the popularity of
the digital financial world growing at a dizzying pace, and Blockchain-based
technologies in particular, we’ve decided to move with the times and bring you
new opportunities.
The XAN token is built
on the TRON Blockchain decentralized technology platform based on the TRC-20
technical standard, which is used to create smart contracts and implement
tokens.
We start the actual
project on September 15 and are currently in the pre-sales stage. In this
phase, we are offering XAN tokens at just $1 USDT. In the regular program, the
XAN token price starts at 2 USDT and increases proportionally over a 24-week
period to a target price of 7 USDT. This price ($7 USDT) is equivalent to only
10% of the benchmark price for xanthohumol, which is the price offered by Sigma
Aldrich (approximately $70 per 1 mg). 1 XAN will be approximately exchangeable
for 1 mg of xanthohumol.
EMCODEX stands for:
Emerging Commodity Decentralized Exchange. The so called commodity market is
nothing else than a market, where theoretically goods should be traded, however
from the point of view of a potential participant in this market (producer) it
is no longer a market, where the real exchange of goods takes place, but it is mainly
controlled by speculators, such as banks, financial institutions or various
types of funds. The aim of this project is to remove the current barriers to
direct entry into the commodity market by producers of various types of
products that currently exist in the commodity market or face barriers to
entry, bypassing the entire chain of intermediaries that force producers to cut
margins.
Wojciech
Wójcik: Hi, my name is Wojtek and I usually deal with
things that are not visible on the outside.I take care of backoffice, billing
and making sure everything we do makes sense. I am CFO of the project.
Tomasz
Tokarski: I also came up with the idea to create a trading
market for That commodities like XN
Sam
S:
I am Sim, I look after strategy and marketing for Xan.to It began with an
Tomasz vision to provide a commodity backed by a Token and bring value to
investors and have a use case as well. By the way I am the only one based in
Australia 🙂
Gold
Rocket | Satoshi Club: Why blockchain? Is the dietary
supplement market functioning so well?
D.
| Satoshi Club: thank you! that’s a lot of info about
project, i think you even answered some of questions from our first part
already 😄
Tomasz
Tokarski: Block Chain is perfect solution for that the unique
compound not supplement!
Gold
Rocket | Satoshi Club: Also we would like to know more
about your team. Who is on the project team core?
Sam
S:
Xanthohumol if researched is not your average supplement, you will be surprise
to know how much 1 mg of it costs, I do not want to ruin the quiz 🙂
Gold
Rocket | Satoshi Club: @TOMTOKI @woj_woj @motif24365 I
think you guys are followers of a healthy lifestyle.😁💪
Tomasz
Tokarski: Cybernetics: me and Wojtek University of Gdansk in
Poland
Mario CTO is IT
professional
Gold
Rocket | Satoshi Club: This means your team is not
anonymous.
Not very big but
friendly team 🙌
Thanks for great
introduction, we have several questions which were selected for the 1st part.
Ready to start?
Wojciech
Wójcik: Several people with different specialties. As Tom
mentioned we graduated in cybernetics from the University of Gdansk. Our
professional life was mostly connected with financial markets. Tomek worked in
many banks and I was a CFO in different entities.
Mariusz is an engineer
and does programming.
Tomasz
Tokarski: SIm is our
Ausie man from Sydney
He is responsible on
Strategy
Gold
Rocket | Satoshi Club: Dream team 😁
Wojciech
Wójcik: Of course, it’s not the whole team, but its key figures.
Sam might write something about himself on his own.
Tomasz
Tokarski: Mario from NY USA
We are at Linked-in
Wojciech
Wójcik: You can always find us on LinkedIn
Sam
S:
I am Dual Masters from Germany and Australia and look after operations, lean
processed and effective decision making amongst the group with Wojtek
It is indeed a dream
team with Tomasz Vision combined
Besides
the manufacturing of bioactive molecules, XANTO is said to also operate in the
food, agriculture, beekeeping, forestry, veterinary, pharmaceutical, and
healthcare industries, and has collaborations with national as well as
international research institutes and universities for continuous improvement
in their products and manufacturing methods. So what are the operations of
XANTO in the food, agriculture, beekeeping, forestry, veterinary,
pharmaceutical, and healthcare industries, what do you do related to the
mentioned industries, with what research institutes and universities are you
collaborating, and what are the examples of research being carried out by XANTO
in partnership with either the research institutes or Universities
Tomasz
Tokarski: What is the Q?
OK I see!
D.
| Satoshi Club: @Jonahapagu i think you forgot the
question mark 😄😉
Tomasz
Tokarski: Today we are absolutely everywhere! In all
industries but always from the position of a XANTHOHUMOL PRODUCER!
Gold
Rocket | Satoshi Club: you won’t joke with university
professors @Jonahapagu 😁
Wojciech
Wójcik: We are researching pilot products for each of these
industries. The market is looking forward to indicating the use of xanthohumol
in their industry.
The bee products market
was the area we started with. Our product is Apis Plus.
Gold
Rocket | Satoshi Club: What does it look like?
Tomasz
Tokarski: Our specialist laboratory that tests our
Xanthohumol is PHYTOLAB in Germany
Gold
Rocket | Satoshi Club: Pills or medicines? I’m confused🙈
Tomasz
Tokarski: and the Polish Academy of Sciences PAN
Wojciech
Wójcik: We are working with Prof. Mila Emerald from Canada
(you can easily google her).
Sam
S:
The research is very complex, the use case of Xanthahumol is everywhere, let me
give you an example:
Xanthohumol (XN) and
related compounds were evaluated for their effects on
modulating interleukin
(IL)-12 production, the most important driver of the T1
helper immune response.
XN showed the strongest inhibitory effect on IL-12
production in
macrophages stimulated by lipopolysaccharide (LPS) or
LPS/interferon-γ.
Xanthohumol 4′-O-β-D-glucopyranoside (XNG) inhibited IL12 production less
effectively than XN. Isoxanthohumol and 8-prenylnaringenin
showed comparatively
less inhibitory effect on IL-12 production than XNG. (7-
O-β-D-glucopyranoside
(2S)-5-methoxy-8-prenylonaringenin had no effect on
IL-12 production. Next,
we tested how these compounds affected the binding
activity of NF-κB to
the κB site in the nucleus. The compounds inhibited κB
binding in macrophages
with the same degree of potency as IL-12 inhibition. In
addition, we examined
whether XN, which showed the most effective reduction
in IL-12 production,
alleviated skin inflammation. Chronic allergic contact
dermatitis, an
experimental model of psoriasis, was used to determine the antiinflammatory
effects of XN in vivo.
In conclusion, XN may
be effective as an anti-inflammatory agent in reducing
Gold
Rocket | Satoshi Club: This link has opened! thanks
Tomasz
Tokarski: Currently in the Japanese market, our partners in
Japan are introducing an alcoholic beverage with 10 mg of Xanthohumol per 1
liter of liquid with preventive effects against Alzheimer’s disease
Gold
Rocket | Satoshi Club: This is a very huge area of application.👏
Tomasz
Tokarski: In Canada, Professor Mila Emerald introduces a
cosmetic combination with Xanthohumol…Xanthohumol is the most powerful
antioxidant
Gold
Rocket | Satoshi Club: Thanks for great answers
Tomasz
Tokarski: Approximately 30 applications are currently being
developed – based on studies in the preclinical stage for various ailments
Wojciech
Wójcik: In general, at this stage of development, we have focused
on production-related issues. It takes a lot of time and resources to do
research on our own, and we are not a research company but a manufacturing
company. In the near future, we will start building our production facility and
laboratory, and we will put more emphasis on research.
Gold
Rocket | Satoshi Club: clear answer! thanks😊
Tomasz
Tokarski: I invite to www.xan.to
to R&D divison
division
Gold
Rocket | Satoshi Club:By the way, I recommend adding this
link to Twitter, it will increase your audience.😉
Tomasz
Tokarski: OK!
Gold
Rocket | Satoshi Club: Let’s proceed to the next question🚀
Tomasz
Tokarski: We are ready!
D.
| Satoshi Club: 💯 for me was a bit problem to
find site today 😊
Sam
S:
Sure Less Tech, More BioTech with a difference!, let us get to the next
question
Q2 from Telegram User
@JaviSuBs™
Hello
Xanto, everything that is said on the page about the product Xanthohumol is a
natural flavonoid and has many benefits since it is an antioxidant, my question
is: how can I buy the product, I can only buy it with it XAN Token, or is there
another payment method? You can explain us in more details about how to buy the
product. If they use blockchain technology, how can I keep track of the
production stages? I can track your product without any problem, through what
system would it be done? You can give us more details on these points.
Tomasz
Tokarski: Both methods: via XAN (retail market) and in
traditional way – Wojtek explain it, pls.
Gold
Rocket | Satoshi Club: yes how does it work😊
Tomasz
Tokarski: Retail Market: so that the price is affordable for
all people!
Wojciech
Wójcik: Of course, xanthohumol can be purchased the
traditional way after contacting us, however, the regular price is much higher
than that offered through tokens. This form of sale is a way for us to achieve
the widest possible market reach, even at the expense of a lower price.
Tomasz
Tokarski: EVERYTHING is at our WP www.xan.to
We have also our block
chain transparency
Gold
Rocket | Satoshi Club: Please share your tokenomics with
Satoshi Clubbers😊
Tomasz
Tokarski: and again everything is at www.xan.to in QUALITY
he XAN token is built
on the TRON Blockchain decentralized technology platform based on the TRC-20
technical standard, which is used to create smart contracts and implement
tokens.
We start the actual
project on September 15 and are currently in the pre-sales stage. In this phase,
we are offering XAN tokens at just $1 USDT. In the regular program, the XAN
token price starts at 2 USDT and increases proportionally over a 24-week period
to a target price of 7 USDT. This price ($7 USDT) is equivalent to only 10% of
the benchmark price for xanthohumol, which is the price offered by Sigma
Aldrich (approximately $70 per 1 mg). 1 XAN will be approximately exchangeable
for 1 mg of xanthohumol.
Gold
Rocket | Satoshi Club: it’s very soon 🚀
Wojciech
Wójcik: All detailed explanations on how to purchase
xanthohumol (exchange for tokens) can be found on our xan.to website.
When it comes to
tracking the production process, we use a tool from 3ipk that records all
stages of production in the blockchain. You can find it on our site in the
submenu under “Quality”.
Tomasz
Tokarski: Please look at www.tronscan.org and type XAN
with that yellow logo
Sam S:
This is an example of
actual sample product with xanthahumol and blockchaint transparency
Wojciech
Wójcik: How can you exchange XAN for a commodity?
The production of
Xanthohumol is a complicated and time-consuming process and the quantities
obtained are small. In order to reduce the price as much as possible, we
decided to exchange XAN for Xanthohumol by entering into forward transactions.
A forward contract is
an agreement to enter into a transaction at a future date, the terms of which
are agreed upon in advance. Forward contracts are entered into between two
parties without the need for the intermediation of another organization, such
as an exchange or clearing house, and thus meet the basic premise for which we
introduced XAN.
The absence of an
intermediary makes the forward contract an over-the-counter instrument that can
be adjusted so that both parties agreeing to the transaction are satisfied with
the terms. Forward contracts are most often used to trade commodities, but they
are also a popular mechanism for currency exchange.
In a forward contract,
the party that agrees to buy the asset takes a long position, hoping that by
the settlement date the market value of the asset will rise, and the party that
agrees to sell the asset takes a short position, hoping that the market value
of the asset will fall. In our case, this is not so important because the
pricing terms of our contracts are incomparably more favorable than market
conditions. Moreover, the contracts will be relatively short, only 3 months
long, so the probability of the market price dropping by 90% (to the price we
offer) in such a short time is negligible, if not unrealistic.
We offer two types of
Forward contracts, which for the purposes of this program we have named Classic
Forward and PrePaid Forward. Each type of contract contains 5 elements: Type of
underlying resource, Quantity of resource, Settlement date, Price, Delivery
method.
We are very committed
to full transparency and therefore, in cooperation with 3IPK, we are providing
a tool that allows you to track each stage of production of our xanthohumol.
Thanks to the history of creation of each separate batch of our product
recorded in blockchain technology you can easily trace the entire production
process from harvesting hop cones or purchasing semi-finished products to the
final product. You will also find the various labs and tests that we conduct
both during and after the production process before the final product is handed
over to you.
This solution also
allows you to keep track of the production process so you know at what stage we
are and when you can expect the product. Information about the production of a
batch will be posted to the blockchain on an ongoing basis.
Each production batch
is marked with a unique QR code. By scanning it with your phone, you can see
the history of the production process of a particular xanthohumol batch.
Gold
Rocket | Satoshi Club: thank you very much for the
detailed answers
Tomasz
Tokarski: This is the first issue and only for 100 kg of
XN… The demand from only 2 contractors is for 4 tons
D.
| Satoshi Club: awesome! i think VeChain project using
something similar, when we talking about tracking process
Wojciech
Wójcik: Exactly
Sam
S:
No issues, as you can see we have a passionate team about Bio Tech, Use cases
and actual products…We want to give as much and actual info to Satoshi Club
Spot on!
D.
| Satoshi Club: yes we see this, thanks a lot! 😊
Gold
Rocket | Satoshi Club: yes! you, guys, are great 😍
Q3 from Telegram User
@Ajpaa
The
price of XAN token is said to depends on the moment of its purchased, the
sooner the bonus token purchase the lower the price. During this bonus token
purchase period, XAN price increase successively from the minimum of 2 USDT/XAN
from 15/09/2021 to the maximum of 7 USDT/XAN 02/03/2021. Will XAN token be used
only for the purchase of xanthohumol commodity or can community members buy and
hold the token? What benefits will users get for holding the token? How do you
intend to encourage users to keep holding XAN token so that they don’t buy
during this bonus token purchase period at 2 USDT/XAN and sell at 7 USDT/XAN
which may have a negative consequence of dump in price?
Gold
Rocket | Satoshi Club: Partially answered. But maybe you
have something to add 😊
Tomasz
Tokarski: From September 15.09 we start the Official XAN
BUY/SELL (BID/OFFER) channel
Gold
Rocket | Satoshi Club: And I also wanted to clarify why
you chose Tron blockchain for your token?
Tomasz
Tokarski: There you will be able to make intraday trades
Jesat is modern, fast
and, above all, costs and fees are at the lowest levels
Gold
Rocket | Satoshi Club: then let’s leave it for dessert 😁
@Cool_as_Ice
Tomasz
Tokarski: Above about TRX
We also use extension
tronlink.org
It is very simple!
For everybody
Gold
Rocket | Satoshi Club: What benefits will users get for
holding the token? How do you intend to encourage users to keep holding XAN
token so that they don’t buy during this bonus token purchase period at 2
USDT/XAN and sell at 7 USDT/XAN which may have a negative consequence of dump
in price? (с)
D.
| Satoshi Club: i use it too, great one 👍
Sam
S:
Not sure if completely covered, but an average reference price of 1 mg of
Xanthahumol in market siqnificantly higher than $7, long term if the average
price of the token corresponds to anywhere near the refence price then there is
defintiely profit in keeping the token and what more you can always use the
token to buy the actual product. What better opportunity for Satoshi to take
advantage right at the start
Wojciech
Wójcik: Of course, you can keep tokens as long as you want.
There is no time frame in which to use them or how to use them, i.e. whether to
exchange them for Xanthohumol or sell them. Those who buy them faster at a big
discount will certainly be in a better position. The market price is so far
away from ours that price fluctuations do not matter much for the token’s
attractiveness.
Tomasz
Tokarski: It also doesn’t make sense to make a purchase of 50
mg XN = $100 with a $15 commission like at USDT
BTW why TRX and
tronlink.org
Wojciech
Wójcik: We will definitely be repeating promotional
programs like this one as interest has exceeded our expectations.
Q4 from Telegram User
@Asela1112
You
built $XAN token on TRON blockchain as a ERC20 token. Why did you Choose TRON
over the Ethereum, Binance, Solana network? Could you please tell us about the
$XAN tokenomics? How much is the total supply & What about the transfer
fees? What are the opportunities for $XAN users by holding $XAN tokens? Can we
buy some $XANs using USDTs? Currently, how much is the price of a single $XAN
token? Can you show us about the buying process of products by using $XAN tokens?
Gold
Rocket | Satoshi Club: Oops
Wojciech
Wójcik: As the value of ETH increases, the fees on the
Ethereum blockchain increase. Many users accustomed to using USDT on ERC20 are
switching to stablecoin on the TRON blockchain.
In 2021, the number of
Tether transactions on the TRON blockchain turned out to be higher than on
Ethereum. For a TRC20 transfer, the commission is less than a cent, while an
ERC20 transfer costs an average of $6-7.
Tomasz
Tokarski: We considered Solan but in sensitivity testing TRX
always performed better.
We did over 150 actual
transactions 2 days ago and had no problems at all.
Wojciech
Wójcik: That is why we decided on the TRON network
D.
| Satoshi Club: a small additional question, your
tokenomics not include any kind of burning mechanism, just for clarification,
the maximum number of tokens of 100 million will always remain the same?
Tomasz
Tokarski: We also considered putting up an efficient back
office
We have such a
mechanism when trading after 15.09 in practice since 22.09
about burning
Sam
S:
The buying process is simple, due to the demand and a real product we have to
include the KYC procedure
Tomasz
Tokarski: Besides, the burning also works with the conversion
to XN
Wojciech
Wójcik: We issued 100 million XAN tokens. Note that this
token is reflected in real production and at a very attractive valuation. You
can always exchange it for real goods so the traditional “tokenomics”
does not apply here.
Sam S:
XAN Token Buying
process
Gold
Rocket | Satoshi Club: yes you bring revolutionary ideas
to crypto
Tomasz
Tokarski: Burning also works with the symmetry of our real
market transactions (where prices are $40 per mg) and these proceeds will allow
us to redeem XAN tokens
Sam
S:
Despite having an opportunity to sell it to sophisticated investors in bulk, we
wanted to give an opportunity to everyone to be a part of it, of course there
are some countries which are prohibited
Wojciech
Wójcik: They are currently being offered for just $1 USDT
each during the pre-sale period until September 14. From 15 September we start at 2 USDT and over
a period of 24 weeks we will gradually increase the price to 7 USDT. Remember
that 7 USDT is still only 10% of the market price of Xanthohumol.
Tomasz
Tokarski: We invite everyone to TRADING from 22.09
Gold
Rocket | Satoshi Club: Pay attention Satoshi Club 🚀
Tomasz
Tokarski: We will remember!
D.
| Satoshi Club: which countries are prohibited and why?
Tomasz
Tokarski: Wojtek is a
specialist in “forbidden countries”😂
We pay close attention
to this – hence KYC and the simple form procedure
Wojciech
Wójcik: We do not offer tokens to U.S. citizens due to U.S.
laws and regulations. However, we have already taken steps to obtain the
appropriate approvals. Unfortunately this takes time so we did not want to
postpone the start of sales
Tomasz
Tokarski: North Korea of course…
D.
| Satoshi Club: 😄 got it!
Wojciech
Wójcik: Therefore, we have introduced the KYC verification
procedure in a very simple form.
Gold
Rocket | Satoshi Club: Thanks for your answers ☺️
Tomasz
Tokarski: We have independently sought individual approval
from the SEC USA
Q5 from Telegram User
@Emidm28
On
the Xanto website it says that in order for us to purchase XAN tokens we must
follow several steps. First we have to fill out a form and after that we have
to complete a KYC process. Why must we previously fill out a form? And why is
it a requirement to do KYC? After filling out this form, how long after will we
receive our tokens?
Gold
Rocket | Satoshi Club: guys, you are ahead of our
questions 😁
D.
| Satoshi Club: truuue
Sam
S:
Part of it is to list out countries that we are unable to sell, hence KYC is a
requirement, it is simple though. The process in the diagram is
straightforward, by the time the back office has received the funds, the tokens
will be distributed within 48 hours if not less
😄😄👍
Tomasz
Tokarski: After passing the procedure and making the payment,
we grant XAN tokens immediately in 6 billing sessions every 4 hours every day –
everything is supervised by our Back Office
Wojciech
Wójcik: This form is necessary to indicate the network
through which you want to make the payment (TRON or ETHEREUM) and the address
from which you will make the payment. Only on this basis will we be able to
link the payment to the person. In the form you also indicate the address of
the wallet to which tokens are to be sent (only in the TRON network). The
allocation of tokens takes place within 24 hours of receipt of payment.
KYC is to determine
whether you are not a citizen of a country in which we cannot offer tokens
We set a goal of 48
hours at the very beginning, but we got everything done much faster
Remember, this is no
longer a startup – we’re acting
D.
| Satoshi Club: thank you! i will ask you about NFTs, a
small additional question, you know this thing is a ”slightly” popular
now…do you have any future plans on this subject?
Sam
S:
We miss our CTO for this one 😂
D.
| Satoshi Club: ohh, so he’s the one who has all info 😉😄
about this 😄
Wojciech
Wójcik: Certainly, we need to move with the times.
Tomasz
Tokarski: As much as possible we want NFT to be associated
with limited edition products such as limited series of SUN DUST vodkas, unique
other products…
We like NFT so much!!
D.
| Satoshi Club: haha we love them as well!
many thanks for
answers! ready for the last question form part 1?
Tomasz
Tokarski: Yes
Q6 from Telegram User
@Cheriemike
On
21 July 2021, you received a decision from the Pomeranian Special Economic Zone
acting on behalf of the Minister of Development, Labour and Technology,
allowing you to acquire 10,000 square meters of land and build a production
plant in the special economic zone.At what region where you allowed to acquire
such huge square meters of land is it in north-west Poland or north-east
Germany?Have you commence the building of the product plant and how long do you
plan to finish such project?Will you expand your project across the globe by
acquiring more lands in building of more product plant,if yes which countries
will you target next after the completion of the one you are in now? Thanks
Tomasz
Tokarski: It is a beautiful location by the lake called
Zarnowieckie Lake near Gdynia – our headquarters.
There is only one
production center due to …. Hops (Humulus Lupulus) from which we obtain our
Xanthpohumol.
The hop species in this
geographic zone is the best in the world!!!!!
D.
| Satoshi Club: i wanna visit that place 👀
on someday i hope…😊
Tomasz
Tokarski: We are, of course, creating sales reps – for today:
Canada and the US, Mexico, Japan, Europe and mainly Germany. Australia and New
Zealand
Wojciech
Wójcik: The location of our future factory is of course
Poland. Operating in a special economic zone is associated with numerous
benefits, including tax benefits. Our production plant does not require so much
space, of course, because it is rather a laboratory production than a large
industrial one. We have decided to build a larger area with development and
storage space in mind. Remember that hops contain only 0.1 to 1% xanthohumol,
so we may need as much as 10 t of hops to produce 1 kg of the substance. Also
important is the storage area for production waste, etc.
We estimate the
investment implementation time to be about 2 years.
Tomasz Tokarski:
Wojciech Wójcik:
Gold
Rocket | Satoshi Club: You are doing incredibly important
work for society today!
Wojciech Wójcik:
Tomasz
Tokarski: This that LAND (for factory)!
Gold
Rocket | Satoshi Club: These are very beautiful places😍
Wojciech Wójcik:
Gold
Rocket | Satoshi Club: This is how bold goals become
life.❤️
D.
| Satoshi Club: amazing view, i envy you that are
working in such a beautiful place 😄
Tomasz
Tokarski: I hope so!
Gold Rocket | Satoshi Club: Beautiful and smart people in a great location😊
Part
2 — live questions from the Telegram community
Q1 from telegram username @TarJan208
Is it true that usage of Xanthohumol can used in the
Treatment of Covid Patients? Is it effective?
Wojciech
Wójcik: https://www.dovepress.com/the-potential-role-of-xanthohumol-in-sars-cov-2-treatmentmdashglobally-peer-reviewed-fulltext-article-NDS
Q2 from telegram username @satishgmr
You said that
It may not be true that anyone has bought 100% pure Xanthohumol, It may have some undefined
substances to it,
But my question is How can Anyone check it its Pure
or not?
Wojciech Wójcik:
If you browse the internet, you will easily come across many offers to sell
“pure” xanthohumol at unbelievably low prices. How is it possible,
then, that large chemical companies sell the “same” substance at
prices ranging from several million EURO per kilogram upwards, while you find
an offer for a few hundred or a few thousand EURO per kilogram?
We have to sadden you,
there are no miracles. Producers or sellers of xanthohumol at “super
bargain” prices usually use the measure of Purity of the substance expressed
in the so-called HPLC Purity. Of course there is nothing wrong with this
method, but the devil is usually in the details.
First of all, let’s
start by distinguishing between the terms PURITY and ASSAY.
When we use “PURITY”
with regard to a compound that’s been analyzed with a chromatographic method we
mean the percentage of the signal area of this compound relative to the sum of
the areas of all signals in the chromatogram. As complicated as that may sound,
it simply means that all signal areas in the chromatogram always add up to 100%
simply by definition. An “ASSAY” describes the actual Amount of a
given compound as a mass fraction of the mixture at hand, usually measured
against an external reference standard of known concentration. One of the implications
is that the purity can never be more than 100% (be definition) but the assay
can be, due to inevitable errors in measurement.
This also has a few
further implications that may not be quite so obvious. First off, as many
compounds do not have the same detector response, the relative ratios of their
signal areas may not at all correspond to their actual mass fractions in a
given mixture. For example, if you compare two compounds, one of which shows
twice the absorption at the wavelength you are using for detection (not an
unusual phenomenon), it will show double the signal area even if both compounds
are present in the same concentration. So either you have to know the relative
response factors of those compounds against an external standard of known
concentration or at least against each other, or you even have to use an
external standard for each of those compounds. The second problem is, that you
may have lots of stuff in your mixture you can’t see at all with your detector
(usually a UV detector or mass spectrometer in HPLC). A classic example for
this may be some organic compound in a mixture with inorganic salts. Those are
often not UV active. The result then would be that you may find 100% PURITY by
area, but the actual mass fraction (ASSAY) of your compound is a lot less than
that. As an example think of a solution of say 5% Phenol in Water. At the usual
wavelengths you’d use in UV detection for HPLC (normally something above 180
nm) you’d only detect the Phenol, as it shows a good UV absorption. The water
would be “invisible” to your detector. In this case your ASSAY would be 5% but
your chromatographic PURITY would be 100%! That is a huge difference!
Frighteningly enough, even many professionals in the chemical industry seem not
to be aware of this.
Purity and Assay are
usually not the same and can even be radically different. The only case where
the two values are exactly identical is when the compound you are looking for
and all other compounds in your mixture show the same detector response and
also make up 100% of your mixture. That’s almost never exactly the case and
often it’s a very big difference, as in the above example. To summarize: The
PURITY of a product can be more that it’s ASSAY, if your method of detection
doesn’t correctly represent the actual mass fraction of said product in the
mixture you are looking at.
So when someone offers
you Xanthohumol with an HPLC Purity of over 96 or 98%, it does not mean that
there is that much Xanthohumol in the total product weight. It may turn out
that you have actually bought 50% Xanthohumol by weight and the remaining 50%
are undefined substances that may even be harmful to your health!
Wojciech Wójcik:
That is why we have our tests conducted in one of the best laboratories in the
world – Phytolab in Germany. The laboratory uses 3 methods.
• HPLC analysis;
• Absolute content
analysis – calculated considering the chromatographic purity and, if available,
the content of water, residual solvents and inorganic impurities according to
the following formula: Content = (100% – water content (%) – residual solvents
(%) – inorganic impurities (%)) x chromatographic purity (%) / 100;
• Content, derived by
chromatographic comparison with the reference substance phyproof® with an
assigned absolute purity of 99.01%.
Only such a detailed
analysis can tell us how pure xanthohumol really is. For example, a recent
study from March 2021 showed the following purity results for our xanthohumol:
• HPLC purity – 99.87%,
• Absolute content –
99.00%
Chromatographic
comparison with a reference substance – 97.11%
Q3 from telegram username @rinnguyen
Which “Process” is used in the production
of Xanthohumol?
Tomasz Tokarski: We use a globally unique technology patent – the
only one in the world. We use the so-called solvent extraction with transition
metals (we create special solutions of salts of these metals).
This allows us to
obtain industrial quantities of Xanthohumol of the highest purity in the world!
Thanks to this extraction we produce Xanthohumol of only natural origin with
purity of 99.87% HPLC!
Q4 from telegram username @Nooksiya
CAN YOU PLEASE
TELL US ABOUT THE PRE-SALE? WHEN AND WHERE IT LL BE START?SHARE YOUR PRESALE
LINK IS IT POSSIBLE
Wojciech Wójcik:
We plan to officially launch our program on September 15. Detailed terms and
conditions can be found at https://xan.to/xan-tokens. So the current
promotional period at $1 USDT each will last until midnight on September 14.
We are currently in the
pre-sale stage on “super promotional” terms, i.e. more favorable than
any other promotion provided in the regular sale (September 15 we start at 2
USDT for 1 XAN).
Super promotion means
selling 1 XAN for at most 1 USDT because when allocating tokens at this stage
we do not make a detailed conversion of TRX or USDT to XAN but we always
“round up” the amount of XAN to full XAN (XAN is divisible to 8
decimal places). This is not a simple mathematical rounding up, but a
discretionary “rounding up” with a large upside. So by getting more
tokens than the mathematical conversion, its effective price is always less
than 1 USDT. You usually get more tokens than the simple math implies. We do
this on a discretionary basis taking into account, for example, the amount of a
single transaction. So someone may get more tokens and someone less for
proportionally the same amount, but always more than if we converted XAN at 1
USDT.
Q5 from telegram username @doithay1617
Hello @TOMTOKI
You said: “We invite everyone to TRADING from
22.09”, but where will users participate in trading? What exchange will $XAN be listed on?
@TOMTOKI
@woj_woj and @motif24365
Tomasz Tokarski:
It will be internal chanel OFFICIAL XAN BUY / SELL (BID / OFFER) at Telegram
Q6 from telegram username @Cheriemike2
What will be the gram of Xanthohumol when added in
water?And what potential role does Xanthohumol play in SAR-CoV-2 treatment?
Wojciech Wójcik:
Xanthohumol is highly hydrophobic and virtually insoluble in water. This is
best illustrated by the attached video.
[]
Wojciech Wójcik:
But, when you mix xanthohumol with e.g. rice protein, see what happens in water
Q7 from telegram username @Jonahapagu
Hello
The XAN tokens are said the be a part of a larger
project under development, which is EMCODEX which stands for Emerging Commodity
Decentralized Exchange. So how does EMCODEX work, what are the features of this
Decentralized commodity exchange, what kinds of commodities can users trade in
the exchange, How can users access and use the EMCODEX for Commodity trading
and what progress have you made in the development of EMCODEX..
Sam S: EMCODEX
is a decentralized commodities exchange (DEX) focusing on products and emerging
product commodities. Anyone is allowed to list and standardize a new commodity
without the need of a central authority permission. This project is worth
checking as well with a native EMCO token. XAN will be one of the emerging
commodity listed on EMCODEX.
Q8 from telegram username @LioM30
Hello Sir,
What are the benefits of XanthoHumol product? And Do
XanthoHumol products have any side effects? If Not, How can users collect the
product? And Can you share a link to the product or contract address?
Thank You 😍
Tomasz Tokarski:
[ File : Xantohumol_properties_main_EN.docx ]
Propoerties of
Xanthohumol
Q9 from telegram username @Ajpaa
Hello 🙋
The price of the xanthohumol commodity is said to
depends on the quantity bought and the method of its purchase which is either
Classic Forward or PrePaid Forward transaction. How can we buy xanthohumol?
what is the price of xanthohumol and how is the price of xanthohumol related
with the quantity bought and the method of it’s purchase? Is xanthohumol sold
in different size range with different price range? Thank you.
Sam S: The
standard XAN token price is fixed at $7 USDT/XAN. By the standard price of XAN
is meant the target price, as our program promotes token buyers who decide to
purchase tokens faster. The period in which you can purchase XAN at the
promotional price is 24 weeks from the start of the program and each week the
price will increase proportionally to the target price of 7 USDT/XAN. The
benefit is huge as the price in the first week is only 2 USDT/XAN. The table is
provided on the website and also explanation on Prepaid and classic forward
contract, We intend to bring a simple explainer video as it may be complicated
for some.
Q10 from
telegram username @TTrillion2000
Hello Sir,
How do I get the latest updates about your
platform? Do you have any other popular
Media or Do you want to expand your Social Media? And How do you differentiate yourself from
your Competitors?
Sam S: Strongly suggest to follow us on Telegram, do not miss out the opportunities at the start, it may be the best time https://t.me/XANOfficialGroup
Part 3 – Quiz Results
As usual, for the third
part, Satoshi Club Team asked the chat 4 questions about the crypto project. A
link to a Quiz form was sent into the chat.
For
more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from LoudNFT and our guests, @loudnft and @JamesLoud. The AMA took place on the 12th of September.
The AMA session was divided into 3 parts with a total crypto reward pool of 500$.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are pleased to announce AMA with LoudNFT.
D. | Satoshi Club: Today our guests – @loudnft and @JamesLoud! Welcome to Satoshi Club guys!
Tom – Loud Market: Thank you very much for having us! Glad to be here.
James – Loud Market: Thank you! Lovely to be here with you guys!
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, guys😁 Nice to e-meet you😊
James – Loud Market: Likewise!
Tom – Loud Market: Indeed! 🙂
Gold Rocket | Satoshi Club: How are you doing today?😊 We are really excited about upcoming AMA with you😉
James – Loud Market: I’m doing very well thank you! Excited to be here, excited to share our project and our vision with all of you!
Tom – Loud Market: I’m well thank you – I’m extremely excited to be here, How are you doing?
D. | Satoshi Club: Fantastic!😊
Gold Rocket | Satoshi Club: We are doing well! Thanks😁👍
Tom – Loud Market: Glad to hear!
James – Loud Market: It seems we are all excited then!
D. | Satoshi Club: True! we will begin our AMA with a short intro 😉
Tom – Loud Market: Short… oops we prepared a long one😉
Gold Rocket | Satoshi Club: I love long read😁
How did you get to be involved in crypto & LoudNFT? Tell us please about your position in LoudNFT🎼
Tom – Loud Market: Hi, I’m Tom – the CIO (Chief Information Officer) of Loud Market Ltd.
I have spent the majority of my life seeking greater informational skills and knowledge, from the age of 11 I was inspired by games and learning how to fork them and creating retros. During this time, I learnt and studied HTML/CSS/PHP coding and mySQL database management. Over the years, I learnt other various forms of coding and languages. I then took an interest in ethical hacking and cyber security and gained some qualifications in this area. I currently hold qualifications in web design/build and cyber security. For the past 4 years, I have been working in an IT sales firm as an executive. From this I have taken a vast knowledge on IT infrastructure and the needs and requirements of end users.
Over the past 5 years I’ve been involved with cryptocurrency projects throughout the PIVX forking era which involved building projects with staking and masternodes in mind… to the ICO hype on the Ethereum chain and now working on the Binance smart chain. This means I am able to advise, recommend and source any requirements for Loud Market Ltd, whether it be token related or platform related.
My role at Loud Market Ltd is the CIO and with this title comes responsibility surrounding the build and development of all platforms under Loud Market Ltd, currently being the Loud Music NFT Marketplace. I make sure the systems that are developed are built with the end users/artists in mind, meaning simplicity is a major importance. I have taken a step back from the labour intensive (as such) role which included the direct hands-on developing and now manage the developers and make sure they hit deadlines and build everything to our specification. Resulting in a some-what perfect platform. A key aspect of my job is that I form the bridge between the business side of the company, and the more technical development side.
I have always been acutely aware of the disparity of payments within the music industry, but before investigating this further I had no clue how deep it lays. My knowledge of this inequality paired perfectly with my knowledge of decentralised blockchain technology and I knew that I could put my skills and experience towards something genuinely useful to real people.
So, what do I want from Loud? All I want to do is restructure the music industry, and I feel this is more possible than ever with blockchain technology. Let’s make it fair amongst all artists. Profit is nice…money is good…but in our eyes – the main aim is to make the music industry fairer and more just.
Gold Rocket | Satoshi Club: Wow! Great experience👏
Tom – Loud Market: Aim to impress😉
Gold Rocket | Satoshi Club: You did it😁😍
James – Loud Market: Hi guys, I’m James Gray – the CEO of Loud Market Ltd, the British company behind Loud Market and the $Loud Token.
I am a Law graduate from the University of Bristol in the UK. Whilst I am English, I was born in Bangkok, raised in Singapore and only moved to England when I was 11. Here I spent my further education – I attended Sevenoaks School in the south of England before going to university. My life has meant I have had great exposure to a wide range of cultures and individuals and as such, furthered my communicative ability. I have been actively involved in the crypto world for over half a decade having bought my first Bitcoin in 2014! (I wish I’d held it hahaha!)
As the CEO, I act as the face of the company. It is my role to translate our complex vision into digestable pieces of information that investors, musicians and fans can all easily understand. More than this, I must communicate with all aspects of the company with Tom to ensure that we all share a single, unified vision. My decisive nature means I act well under stress and assist in maintaining a general sense of calm within what is often a very hectic industry. I am a persuasive negotiator and as such head the company in discussions with partners, customers and investors. All of this aside, my main asset is that I am able to come up with solutions to problems that are so inherently effective that they sell themselves. Loud Market is exactly this.
My interest in music and gregarious nature have led to me reaching out and befriending many of my favourite low level artists, and as such I have begun to share their general disliking of how the music industry is currently structured. My passion for Loud derives from my love of music, and my love of musicians. I genuinely believe NFT technology will be the thing to liberate under-appreciated, and exploited musicians, much like it has done for visual artists in recent months.
My love of people means that I am always contactable in our Telegram group, and I am always on the look out to share thoughts with likeminded people, and to learn from everyone else.
Thanks for being here, I’m excited for our collaborative AMA.
Gold Rocket | Satoshi Club: So… you are crizis manager😁👏👏👏 Excellent background👍
James – Loud Market: Hahaha thank you! I suppose you could say that!
Gold Rocket | Satoshi Club: We love positive people and emotions. Thank you for giving this to us.❤️
Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of LoudNFT?
Tom – Loud Market: I’m going to leave this to James – his grammar is much better than mine!😁
Gold Rocket | Satoshi Club: For a good technical professional, the main thing is to know the programming language well and you have complete order with this😉
Tom – Loud Market: Indeed, we have enough knowledge to make this platform worldwide and we won’t stop until it is 😉
James – Loud Market: Loud Market is the first NFT market place for music. Put simply we are using NFT technology to revolutionise the way people engage with music, monetarily. Where low-mid level artists have been left out of the lucrative streaming industry in exchange for big multi-national corps, we are trying to reverse this.
We believe that income should be derived from the level of love music inspires, and not the number of people it reaches. NFTs will mean that individual songs will be valued by how much one person loves them. Not by how many people listen to them.
Gold Rocket | Satoshi Club: It’s not an easy task😊
How long does it take to develop a project? What plans do you have for the future? And what can we expect from LoudNFT?
Tom – Loud Market: So it’s a funny, but good story.
James and I met online 3 months ago…we met on Telegram. Then we decided to meet in London. We met up in London in May this year and planned LOUD, the development took 3 months and we have only started our communities etc. in the past week.
In the future we aim to be the biggest platform for low-mid tier artists and the platform to bring the highest source of revenue and the highest source of active listeners.
Gold Rocket | Satoshi Club: Something like Spotify on the blockchain?
James – Loud Market: Not quite yet. We see ourselves as more of an Ebay for music, steaming has shown to fail low-mid level artists and profit only for the big corps and big artists. We see ourselves as a Soundcloud that actually gets you paid.
Eventually we will branch out to streaming, but only once this can be done in a profitable way for all artists.
Tom – Loud Market: Yeah definitely, a platform like Spotify that rewards its artists is definitely on the cards.
James – Loud Market: The music industry is in dire need of restructuring, streaming has failed.
Gold Rocket | Satoshi Club: And also this industry needs revolutionaries like you.😁
James – Loud Market: It needs change. The amount that most artists are earning is abysmal and something needs to happen.
Tom – Loud Market: And we won’t stop until we do revolutionise the music industry…there is no stopping us.
James – Loud Market: This thing has been developing for 3 months behind closed doors. Only 9 days ago did we take it public, and it has begun to blow up already!
Gold Rocket | Satoshi Club: That is, you are at the beginning of the journey😁
Tom – Loud Market: We obviously target the big artists also, top tier 🙂 But priority is all artists.
James – Loud Market: Exactly, we are open to ALL levels. This means no exclusion of revenue for any artists on our platform!
Gold Rocket | Satoshi Club: This is a wide audience👍
Also we would like to know more about your team. Who is on the project team core?
Tom – Loud Market: The core team, the top tier team as such is James and I. We are the founding fathers as such.
James – Loud Market: So obviously me and Tom are the central members. We also have @Wizyrd as our marketing manager. He has extensive experience working on marketing for over 200 crypto projects. Other than that we hire many artists and graphic designers from all over the world. We try to reach out to as many individuals from a variety of cultures, as we believe they will each bring something new!
Tom – Loud Market: We outsource the developing of platforms and blockchain to a very reputable firm in the UK.
Gold Rocket | Satoshi Club: Thanks for great introduction, we have several questions which were selected for the 1st part. Ready to start?
Tom – Loud Market: Lets do it!
Q1 from Telegram user @Emidm28:
On your website it says that your presale is coming soon! What information do you have so far about the presale? What details can you share with us? On which platform will the presale of the LOUD token take place? In what month will it take place? Do you plan to prioritize users through a whitelist? When will more details regarding this presale be announced? Will it be open to all users or only to users previously registered in the whitelist?
James – Loud Market: Yes! Our presale is going live on the 20th of September, this month! It is 8 days away from today. Our hardcap is 1000BNB and softcap is 500BNB. 50% of funds will go to liquidity and 50% will go to the development and marketing of the platform. The reason we need to take a significant percentage of these funds is due to the barriers of entry associated with breaking into the music industry. Furthermore, as a legal entity in the UK we will be subject to VAT. We are a tax paying corporation – Loud Market Ltd.
It will be launching on either DxSale or Pinksale (depending on community vote) with NO WHITELIST. We have already had our whitelist private sale event and raised 100BNB.
8 days is very soon but we are confident we can fill a 1000BNB hard cap due to our community filling a 100BNB private sale that started at 500 members! We started this private sale only 5 days after going public with our platform and it was filled in 48 hours.
Gold Rocket | Satoshi Club: Congratulations! Good result👏 Сould you tell us please about your tokenomics btw?
Tom – Loud Market:
So as you can see, our tokenomics is very investor orientated 🙂
James – Loud Market:
Total Supply: 100,000,000
Total Tax: 6%
Redistribution TAX 2% of every transaction split between holders
Marketing TAX 2% of every transaction goes to marketing wallet
Liquidity TAX 1% of every transaction goes to Liquidity Pool
BuyBack Function 1% of every transaction goes to BuyBack Function
Gold Rocket | Satoshi Club: Thanks for sharing! Please tell us about BuyBaack Function.
Tom – Loud Market: 1% Buyback and Burn function:
This complex algorithm stores 1% of all transactions until there is a period of price decline. At this point the SmartMath wallet uses the stored tax to purchase $LOUD tokens to reduce the fall in price. These purchased tokens are then burnt reducing total supply and increasing the value of each token.
And just to add a bit more info on all the other tax:
Gold Rocket | Satoshi Club: Thanks for clarifying👍
Tom – Loud Market: Yeah our tokenomics have been custom coded and designed to reward investors, increase liquidity and maintain a good market.
D. | Satoshi Club: After the end of the sale, are you planning to list the token on DEX? or will you give info about listing in the future?
Tom – Loud Market: We do indeed!
It’s very difficult to know what DEX we will be aiming for, because our priorities are currently development and marketing associated.
However, we do plan to list on many exchanges in the future.
D. | Satoshi Club: Great!👍
Gold Rocket | Satoshi Club: Thanks for great answers! Ready to proceed to the next question?😁🚀
James – Loud Market: Lets have it!
Q2 from Telegram user @Arisabela:
An attractive feature from your platform is that you promote a job with zero fees for artists, which is great! But if you don’t charge commissions on marketplace transactions, can you then tell us about how the economic model of the platform works? On what actions do take place the collection of fees and how do you distribute them?
James – Loud Market: Another great question!
Tom – Loud Market: Fantastic question actually. James has the magic answers.
James – Loud Market: You are correct that artists will be subject to 0% market fees when using $LOUD tokens on Loud Market. This is one of our methods to encourage artists to try the NFT structure for their creative business.
Whilst this applies on the market place, there is a standard 6% tax that applies on all non-market transactions. 2% of this fee goes directly towards marketing and development. This tax applies when individuals want to transfer their $LOUD tokens into BNB or another currency. As such our economic model is derived from the tax on these transactions. Once tokens are removed from the marketplace (or just spent/transferred elsewhere) the standard token tax will apply.
Please check out our website for further details on this token tax: LoudNFT.co
This also encourages individuals to keep tokens within the marketplace and boost the trading volume of Loud NFTs!
Tom – Loud Market: Just to add this, artists and collectors will have both options to buy/sell NFTs in LOUD or BNB.
However BNB will have a 6.5% tax and Loud has 0%, which will encourage use of our token – increasing utility 🙂
Gold Rocket | Satoshi Club: Not a bad plan! Win-win😁
Tom – Loud Market: Absolutely win-win!
Gold Rocket | Satoshi Club: Thanks for clear answers😊 Do you want to add something or we can proceed to the next question?😊
Tom – Loud Market: Just to add:
This is what we are promoting: zero fees, happy artists.
Other than that, we are ready for another question💪
Q3 from Telegram user @antoni_azx:
I see a lot of interest in the subject of fees but very little is said about the rights of artists over their content. Can you tell us what actions on your platform seek to promote copyright protection? How do you plan to avoid plagiarism, copying and falsification of content that could be monetized? Do you do some kind of KYC to the artists involved?
Tom – Loud Market: You know what, I love this question.
Loud Market will be a decentralised marketplace and as with all decentralised marketplaces there is always difficulty in artist verification.
We are in the process of developing a verification platform on our main webpage where artists can contact the company through other verified accounts, or with the specific relevant certification. They will then send their wallet address which will be verified by our team.
Fans and NFT buyers can search the wallet address selling a specific NFT on our database to verify the legitimacy of these wallets.
Furthermore, it benefits artists to promote their NFTs to their fans and as such legitimate songs will be the most listened to and liked songs of any version.
So just leading on from this, we currently have a page in the works. When the artist is verified they get added to this page and get a similar verification tick to Twitter (blue tick) on our platform. Please see below:
Gold Rocket | Satoshi Club: You read my thoughts😁
By the way, do you already have any preliminary agreements with the artists?
Tom – Loud Market: The artists whom require verification and want to be verified on our platform are required to approach us complete forms etc.
We have agreements with the artists that have signed up already, and some in the works.
I just want to add that all artists we have got now have approached us. We haven’t marketed or approached any artists yet as our primary focus is platform development, launch and marketing prior to the presale.
Gold Rocket | Satoshi Club: That’s right, there must be a good foundation 👍
Tom – Loud Market: Exactly, must prioritise the important stuff!
James – Loud Market: All the artists we have spoken to have been excited to start with us, and have agreed to release a specific number of exclusive songs to our marketplace!
Tom – Loud Market: Yup James, we have been overwhelmed haven’t we?
James – Loud Market: It’s been awesome!
Gold Rocket | Satoshi Club: This is a very good promotion for mass adoption.
Tom – Loud Market: Oh yes definitely, we plan to support our artists too and buy their first NFTs to release in competitions to promote our platform.
James – Loud Market: Yup! We have already purchased multiple songs to give away in social media competitions!
Gold Rocket | Satoshi Club: Thank you very much for your answers! Let’s jump further? On to the next question?
James – Loud Market: Lets do it!
Tom – Loud Market:
Just wanted to send you another teaser…I love teasing. Each artist will have their own page on our website…cool, right?
Gold Rocket | Satoshi Club: You are the master of intrigue😁
Tom – Loud Market: Maybe I should update my title, sounds better than CIO haha!
Gold Rocket | Satoshi Club: It will be epic😄
Q4 from Telegram user @KathDM:
I read that Loud Market is going to launch a version 2.0 of the platform soon. Why did you decide to launch a version 2.0? Why do you think version 1.0 needs to be updated? How is the development process going right now? When will version 2.0 be released and what will be the main focus of this new version? What are the most notable changes that it will bring to the platform?
James – Loud Market: This is correct, we aim to have our V2 out by the end of Q1 2022. Currently, we are still working on V1 and trying to get it as functional as possible before launch. Our beta marketplace is already 95% functional on the BSC Testnet. We accept that it is impossible to perfect a marketplace and there will always be additional functions and UI aspects that users will want to see. We will have a perfect backend completed in V1 as it is clear what we need to encode.
V2 will focus on more complicated and expensive development and aspect that we feel we need community guidance on, specifically UI. We want the UI to be built for the users and so, we will require some months of user usage in order to fully understand what the artists and fans want the marketplace to look like.
As such we are making a pledge to stay aware of user’s needs and wants and to continue developing the platform. We aim to incorporate more specific licensing, including percentage licensing. This is something that will require a full legal team and will only be possible post-launch.
Basically, we aren’t going to upload it and walk away. We’re here for the long run, and our ears are going to stay listening. To think we can make a perfect product in V1 would be arrogant, and so we have set a target of Q1 2022 to release a V2 that is even more polished for our users.
Gold Rocket | Satoshi Club: It is clear enough and answered in detail, thanks!
Tom – Loud Market: As the CIO I just want to add – V1 is so close to being complete, as James said 95%.
And the main difference between the V1 and V2 – is just that V1 focuses on backend, while V2 focuses on frontend.
v1 = boring cool stuff
v2 = beautiful user interface that makes artists and users happy
Gold Rocket | Satoshi Club: What viewers and listeners love so much is a beautiful picture😁
Tom – Loud Market: OOOOOOO, yes. Get ready.
Q5 from Telegram user @Cheriemike:
While going through your project I noticed that you have no collaboration or partnership with any companies or brands. My question is, are your partners anonymous or you haven’t made any partnership with any one yet? Are you making plans for that, because to gain trust from potential investors aside from security we also look at projects that have good partners to support their project. So where will you target to have partnership with, will it be from the media industry or blockchain world?
Tom – Loud Market:
Gold Rocket | Satoshi Club: Looks great👍
Tom – Loud Market:
You wanted pics, you got them 😉
We also have a light theme.
Gold Rocket | Satoshi Club: Thanks for sharing😍 I love it!
James – Loud Market: This is a great question, and one which touches on topics that are very important to us.
This is correct that we so far have no corporate partnerships. We have not actively sought out any corporate partnerships and instead will focus our energy on artist partnerships.
Our project is extremely early – it has only been public for 9 days! Subsequently, we have been focused on community development and acquiring leading industry members inside of the community. We have several anonymous angel investors and senior advisors, all of whom have reached out to us!
Once we grab the attention of the masses, the opportunity for corporate partnerships will become a very real option. Our decision to form these partnerships with depend on our community, and the moral structure of such corporations. Integral to our ethos is minimising corporate profit over artist profit, and this simply does not fit in the structure of many big corporations.
We believe that by partnering with artists instead of corporations, we will achieve the same marketing goals without us being coerced into sacrificing our moral ethos.
Tom – Loud Market: Couldn’t agree more James – partnerships aren’t a priority at the moment. James and I have enough contacts to get partnerships, but our priority is currently total development and marketing before our presale.
D. | Satoshi Club: Btw do you collaborate with any cybersecurity firms which can help you to check every security aspect in contract and on the platform?
Tom – Loud Market: We will have our contract audited, we have been looking around. Seen a few really good audits and options.
On both token and platforms – the marketplace will be decentralised and unhackable… that’s right – UNHACKABLE! 😀
D. | Satoshi Club: Sounds cool😄👍 I believe it will really be as you say😊
Tom – Loud Market: Regarding collaborating with Cyber Security firms…there are plenty of softwares and advisors available to increase our protection.
However, we can only implement this once our platform is 100% complete, not 95% 🙂
D. | Satoshi Club: Appreciate the answers guys!😊 Ready for the next question?
Tom – Loud Market: Shoot!
D. | Satoshi Club: The last from part one🚀🚀🚀
Q6 from Telegram user @victorogb:
LoudNFT is created with the purpose of empowering and assisting musicians and artists. As part of this, you offer agent services to artists and also help them in areas of marketing and proposals. Since such services are vital, especially in the entertainment industry, can you clearly explain how LoudNFT will the assume the role of agents? What do these musicians and artists tend to derive from your services as agents? Is there a premium fee payable by these entertainers in order to enjoy such services? And how does LoudNFT comprehensively oversee all marketing and proposals for these professionals?
Tom – Loud Market: Great question – wow your community does have amazing questions!
Loud Market does not currently act as agents for artists. We simply provide the platform for artists to monetise their work and use their creations to engage with the financial world.
Once we have built a bigger following we will obtain greater bargaining power with fans and labels and will be able to use our popularity to promote artists on our front page. Our aim to keep this promotion community focused, instead of just offering spaces to the highest payers. We want to incorporate community votes and raffles for mid-low level artists, as well as encourage collaboration between big and small artists.
Our wish is for Loud to be at the forefront of music and artist discovery and to eventually use our industry name to promote small artists from all over the world!
James – Loud Market: Exactly this, we want to use our platform and our community to help artists as much as possible. If this means fulfilling agent services, then we will expand into agent services. We want Loud to attack every section of the music industry. We’re taking it each bit at a time, but we’re coming for the whole thing.
Tom – Loud Market: Exactly, the value of the music industry market is huge…and we want a big piece of the pie.
Gold Rocket | Satoshi Club: It is a very noble task to create justice for talented but less fortunate people. Thanks for this.
Tom – Loud Market: Agreed, artists deserve more, especially low-mid tier – we are going to be the avenue to take to make the change.
Gold Rocket | Satoshi Club: Yes, there is an untouched field😁
James – Loud Market: Indeed, completely untouched by NFT technology.
Tom – Loud Market: Blockchain alike!
Gold Rocket | Satoshi Club: Share with us your road map please.
Tom – Loud Market:
BIG ROADMAP! And a great one if I must say!
Gold Rocket | Satoshi Club: Thanks for sharing 😊
Tomasz Tokarski: I am just here!
James – Loud Market: Welcome!
Tom – Loud Market: Hey Tomasz, sharing the same name I see! 😀
Tomasz Tokarski: Hello everybody!
Tom – Tomasz – that’s right the same!👍
Gold Rocket | Satoshi Club: Hi there! Welcome to Satoshi Club😊
And now get ready for the most impressive part of our AMA! live questions!
James – Loud Market: Lets go!
Tom – Loud Market: Roadmap Q2 2021 – Q2 2022
// QUARTER 2-3 / 2021:
Pre-Launch
Tokenomics & Launch
Website Launch
Marketplace Development
Marketing Preparation
Industry Research
Artist Aquisition
Social Media Setup
Register as Company
// QUARTER 3-4 / 2021:
Start Up
Presale
v1 BETA & ALPHA Launch
Litepaper Release
Whitepaper Release
Social Media Expansion
Marketing & PR Release
v2.0 Preparation & Design
Artist Continued Aquisition
// QUARTER 4-1 / 2021-22:
v2 Launch
v2 BETA & ALPHA Launch
Rent Offices in London
Record Label Partnerships
Continued Marketing
Exchange Listings
Global Expansion
Platform Feature Expansion
Music Industry Expos
// QUARTER 1-2 / 2022:
The Future
Exchange Listings
Press Releases
Feature Expansion
v3 Planning & Design
Employee Growth
Partnerships
Increase LOUD usecases
Target Mainstream Artists
Lets do it sorry, just got it in text format too 🙂
Gold Rocket | Satoshi Club: Are you ready?
Part 2 — live questions from the Telegram community
Q1 from Telegram user @lax000102:
Do you have any Coin Burn/BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Tom – Loud Market: BuyBack Systems – Yes. This complex algorithm stores 1% of all transactions until there is a period of price decline. At this point the SmartMath wallet uses the stored tax to purchase $LOUD tokens to reduce the fall in price. These purchased tokens are then burnt reducing total supply and increasing the value of each token.
No plans for a token burn, might associated buy back and burn with marketing funds if we feel it would be the right thing to do.
Q2 from Telegram user @Ratash97:
Is there a fee for joining the marketplace? Because generally there are huge fees to sign up in the NFT marketplaces.
Tom – Loud Market: No fee at all, and no fees when selling/buying NFTs.
Loud Market = ZERO Fees
Q3 from Telegram user @captainprice111:
What did you aim for when creating your project, that is, what problems, negativities and shortcomings did you notice in the market and you decided to create LOUDNFT? Is your project progressing as you expected? I noticed the “Copyrights” issue in your project, how will the pricing be, will it create an extra burden for the artists?
Tom – Loud Market: So the issue in the market is currently low-mid tier artists getting as small as 12% of the total profit for their creations. Meaning the agents and record labels take an astounding 88%. We want to fix this and be a voice and platform for these artists who suffer from this insane statistic.
RE Copyrights…this won’t be an issue as if the real artists release their music it will likely be verified and we don’t have control of what is released by people. If someone buys a Justin Bieber NFT with his music and it’s an unverified account then…it won’t actually be him releasing it and will be a “fake” as such.
Q4 from Telegram user @Karry1999:
According to your Roadmap “QUARTER 4-1 / 2021-22” , you are planning to launch the V2 BETA AND ALPHA version of the Loud . Will you please tell us what different and unique features users can expect in this version and how it will benefit the user?
Tom – Loud Market: V2 Beta/Alpha will be the platform with a better user interface focused on the frontend of the platform rather than the backend.
V1 = making sure all the background processes are working and the marketplace is fully functioning. V2 = make it look pretty for the users.
Q5 from Telegram user @highpee:
For the PRESALE on September 20 you say there won’t be whitelist? What will be the sale method? How will you ensure your token will be sold fairly as well as prevent excess whale accumulation? How will you make sure these sales won’t be ruined by snipers and bots?
Tom – Loud Market: So we are currently looking at Pinksale which has systems in place to stop sniper bots, so we are leaning towards launching the presale on their rather than DXSale. Also Pinksale offer a huge AMA and marketing prior to the presale, so would suit us better and give us better opportunities to filling the presale.
Q6 from Telegram user @Rinhere:
You aim to be number one Music NFT marketplace, there are other music Nft marketplace as well, how does Loud doing differently to be no.1 Music NFT Marketplace?
Tom – Loud Market: Simple…zero fees. The artists gets 100% of their profits. We don’t take a penny.
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:
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$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Dreit Spanish Team will select 5 questions and answer them.
Questions must be done in English and Spanish.
For more details: Dreit Spanish – @DReitOfficial Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Retreeb and our guests was @Jeremilti, and @jodsav – representatives of Retreeb. The AMA took place on the 10th of September.
The total reward pool was 500$ 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
D. | Satoshi Club: Hey Satoshi club!
Gold Rocket | Satoshi Club:
Hello, dear Satoshi Club community! We are pleased to announce AMA with Retreeb
D. | Satoshi Club: Today our guests – @Jeremilti and @jodsav !
Happy to have you here!
Jeremi Lti: Hi to all! Thank you for the invitation. I am very happy to do this AMA with you 😉
Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, guys
João |CM|:
Happy to be here 😉
D. | Satoshi Club: Welcome to Satoshi club guys! 😊
Jeremi Lti: Thank you for the welcome 🙏
Gold Rocket | Satoshi Club:
How are you doing😊
Jeremi Lti: Fine the times are good you know 😉
And you ?
Gold Rocket | Satoshi Club:
We are really excited about upcoming AMA😁
D. | Satoshi Club: Great! 😇
Indeed
Gold Rocket | Satoshi Club: Let’s start! Introduce yourself, please. How did you get to be involved in crypto & Retreeb Tell us please about your position in Retreeb
Jeremi Lti: Me too, especially since I have seen some very pertinent questions 😉
Gold Rocket | Satoshi Club: This is what Satoshi Clubbers do great😁
D. | Satoshi Club: 100% agree here 👀
Jeremi Lti: So I am Jeremi a co-founder and CEO of retreeb. I practice blockchain and I have been investing for 4 years.
I am also a professor at the university and in business school in blockchain applied to marketing.
Gold Rocket | Satoshi Club: Wow! Good crypto experience
Jeremi Lti: And i’m so bullish on fantom (of course), Elrond, Solana and somes smallest project like retreeb ofc ^^
Gold Rocket | Satoshi Club: I would like to study at this university😁
Jeremi Lti: Comes to us 😎
In Paris 😉
Gold Rocket | Satoshi Club:
Therefore, today the crypto industry is still for amateurs and fanatics.
😍🗼
Jeremi Lti: So retreeb is a Swiss register company (Geneva) 🇨🇭, but the team is French and so we just opened these summer offices in Paris.
With a very nice view ^^
Gold Rocket | Satoshi Club: Maybe it will happen one day😊
Jeremi Lti:
Gold Rocket | Satoshi Club: Is this your team?😍
D. | Satoshi Club: Fantastic six 👍
Jeremi Lti:
A part of them 😉
D. | Satoshi Club: Oh, so you have more people behind the project? 👀
Gold Rocket | Satoshi Club:
Then tell us more about the team. Who is at the core of the project?
Jeremi Lti: We are more than 20 on the project right now. To Geneva, Milano, Abu Dhabi, Lyon, etc.
D. | Satoshi Club: 👍 decentralized team
Almost like Satoshi club 😄
Gold Rocket | Satoshi Club: As far as I understand, you are all public figures and the team is not anonymous.
Jeremi Lti: They are au Dev team, product team, marketing team. There are also a new CFO and a new Legal Director for the compliance and agreement issues.
Jeremi Lti: You know my role in retreeb is clear. lead the company, be the sherpa, and the ethical awareness of the project. And of course, build the best team around me.
Gold Rocket | Satoshi Club:
Give us a brief introduction to the project. What is the essence of Retreeb
Jeremi Lti: Ofc. but you know i like begin an AMA with basic a question. 😏
Gold Rocket | Satoshi Club: It is a very important task to be a leader👏
Jeremi Lti:
Did you know that there will be 1093 bn digital transactions in 2022?
Gold Rocket | Satoshi Club: Lead us 😁
This is a lot and very soon 😁
Jeremi Lti:
And all the players want a piece of the cake 🍰 to make more money
(Apple, Square, Stripe, banks, etc.) but nobody wants to change the recipe to
put this flow at the service of the major issues of our time. Except retreeb.
Gold Rocket | Satoshi Club: What kind of cherry have you made for this pie?😉
Jeremi Lti: A sharing cherry 😏
Retreeb is not just a new payment system, it’s a new model of value redistribution. A new paradigm.
With Retreeb we reinvent the payment to build a more sustainable world.
D. | Satoshi Club: Sounds good 👌
Jeremi Lti:
Retreeb is the first financial institution that decides to link its business
performance with its social contribution. 🔗
We redistribute 33% of our revenues to fund social and environmental projects.
You know the financial industry is a the top of asymmetry between impact and responsibility on the world.
D. | Satoshi Club: Why 33 btw? 👀 there is some mathematics behind this number? 😉
Jeremi Lti:
So, Imagine a world where each digital payment transaction would contribute to
support great causes or local projects for bio-diversity or fight against
inequalities.
Gold Rocket | Satoshi Club:
It’s incredible
Jeremi Lti: It’s a fair distribution between you (capital 33%), the others (Workers/company 33%), and the societal issues (33%).
That the promise of retreeb : a company which makes money but good money.
D. | Satoshi Club: Got it 👍
Gold Rocket | Satoshi Club: Thanks for a great introduction, we will have several questions selected for Part 1. Ready to start?
Jeremi Lti:
Ready 😉
D. | Satoshi Club:
🚀🚀🚀🚀🚀
Q1 from Telegram User @DK177 You have commenced the private sale yesterday. How is the progress? Have you achieved your daily target? I noticed that the sale is ongoing till the 13th. If I open an account on ProBit, can I participate in the sale anytime before the 13th? Have you imposed any additional requirements? I noticed that 1 TREEB is equal to 0.015 USDT. If we buy TREEB with PROB, how many TREEB can I buy with 100 PROB? Does it change with market fluctuations or is there a fixed amount?
Jeremi Lti:
Hi @DK177 So the private sale didn’t start yesterday.
The private sale took place before the summer and was sold out in a few days. 😌
So, personally I don’t advise to buy in PROB, because some members of our community have noticed a difference between the purchase price of PROB on Probit and its token price monitoring.
For the calculation I let you take out your calculator 😉
D. | Satoshi Club: Why decided to work with Probit and prefer them among all other exchanges?
Gold Rocket | Satoshi Club:
I obey, professor!
D. | Satoshi Club: And of course very curious what will happen after public sale? what are your next steps and actions? 😉
Jeremi Lti: This is a good gateway to FIAT but we will be listed at the same time on a DEX of the fantom ecosytem (Spooky).
Then we will go up in-game on the exchange side to aim higher ^^
D. | Satoshi Club:
👍 nice!
Jeremi Lti:
The roadmap is public but the big key point after public sale and listing
(CEX/DEX) will be our staking program ^^
Gold Rocket | Satoshi Club: What are your goals?
By the way, you can share with us if you want
D. | Satoshi Club: With high APY
Jeremi Lti:
Just higher. And the best for retreeb. But ever smart moove.
I can’t disclose right now ^^
D. | Satoshi Club: Thank you for great answers! 😊 if you are ready we can go to the next question😉
Jeremi Lti: Yes let’s go.
Q2 from Telegram user @Emidm28 Retreeb is the first distributed payment solution that shares one third of its network fees to funding social and solidarity projects. Retreeb commits to its users to pay 33% of the transaction fees collected by Retreeb to the funding of social and environmental projects. In addition to the 33% that users contribute through transactions, what other ways can we get involved in these activities? Do you plan to cover all countries around the world? In which month do you plan to make the next donation? Who are in charge of selecting the projects that will receive the donations? Is it an exclusive decision of the team behind Retreeb or can we also help select them?
Jeremi Lti:
10 questions in One ^^
D. | Satoshi Club: Haha.
Jeremi Lti:
But this is a very good questionS because it directly concerns $Treeb token
holders.
Gold Rocket | Satoshi Club:
Kek
Jeremi Lti:
When retreeb becomes a mainstream alternative to the conventional payment
system, the funding we provide to CSR projects will become more and more
important.
We plan to fund multiple projects in the next 5 years to the total amount of 70M€. It’s a lot of cash !!!
D. | Satoshi Club:
👀 it is
Jeremi Lti: And so subject to the risk of corruption in a centralized institution.
Gold Rocket | Satoshi Club:
Amazing😅
Gold Rocket | Satoshi Club: You are really ambitious guys 😁
Jeremi Lti: Nothing in comparison to some NFT or the agreement between crypto.com and PSG. Unfortunately.
D. | Satoshi Club: Your $Treeb token will act as governance? will token holders be able to choose projects for donation?
Jeremi Lti:
But, and to say that I will still be the head of retreeb in 5 years to
guarantee our course of action at 100% is to play the medium. I hope to stay a
the head of retreeb ^^
Yes indeed.
Gold Rocket | Satoshi Club:
Сould you tell us please about your tokenomics btw
Jeremi Lti:
This is why we have decided to decentralize this process as soon as possible
and give token holders a right of governance in the selection process of
projects to be financed upstream of the choice of final users.
Just after 😉
For this we will develop a CSR Launchpad, where token holders will be invited to participate regularly in the voting process by delegating their tokens in a smart contract and voting for the projects of their choice themselves submitted by NGOs, associations, or local authorities.
In return for this delegation, the token holders will receive rewards.
It is a bit like participating in a decentralized board of administrators. 😉
The projects selected in this way will then be proposed for financing on the wallet of the final users. Holder or not of the $Treeb (utility).
Gold Rocket | Satoshi Club: Thank you very much for the information😊
Ready to proceed to the next question😊
Jeremi Lti:
Let’s go 😉
Q3 from Telegram User @NataliyaKil Retreeb has adopted the Lachesis aBFT consensus mechanism used by Fantom to enable equal distribution of validation rewards. What is the uniqueness and features of the Lachesis aBFT consensus? How is an equal distribution of validation rewards ensured, and what other benefits does the Lachesis aBFT consensus mechanism provide?
Jeremi Lti:
Hi @NataliyaKil so, before choosing Fantom and its Lachesis aBFT consensus
mechanism for infrastructure, we have analyzed and compared many other
protocols such as Polkadot, Algorand, Tezos, Elrond and Solana.
D. | Satoshi Club:
Fantom is your main network?
Jeremi Lti:
Fantom is for us the most appropriate infrastructure for our project because
Lachesis aBFT consensus mechanism is a DAG (Directed Acyclic Graph) which is
perfectly adapted to the requirements of payment.
Yes, Fantom is to date one of the most secure, most solid, fastest and most scalable infrastructures. The other important argument is the low transaction costs.
D. | Satoshi Club: Very nice.
Jeremi Lti: On the retreeb side, we use Fantom to ensure the flow of our stable treeb within our closed eco-system.
The FTM Gas are paid at each transaction and supported by retreeb which includes them in the fees paid by the retailers. ^^
Fantom then takes in charge the distribution to its validators.
My CTO would have had a lot of fun answering this question but again you can find a lot of information on this subject in the white paper or directly on the fantom foundation website. ^^
D. | Satoshi Club: I guess I missed the rocket 😄 first time heard of them only after all hype and pump 😄
Gold Rocket | Satoshi Club: Yes, they are great🤩
Jeremi Lti: The launch yes but it’s just the beginning. Probably around 5$ very soon.
D. | Satoshi Club: Thank you! i think question is fully covered, we can move to the next one 😉
Jeremi Lti:
I’m not a medium, just my own and humble analyse.
Yes let’s go.
D. | Satoshi Club:
🚀🚀🚀🚀🚀
Q4 from Telegram User @Rotoxy You will incorporate “good deal” function into your wallet. Initially, I thought this was related to discount and allowing users of your wallet to buy tokens at good bargain but I later found out that good deal is an advertisement initiative powered by you which will allow advertisers to send multimedia ads directly to users wallet. Most ads are very intrusive, annoying, invasive and usually interfere with users experience. Why do you think it’s necessary for your wallet to have ads option and why is this a “good deal”? Don’t you think running ads on wallet is unhealthy as it may be monitoring users wallet and financial activities? Are users allowed to opt in and out of this and can they block ads interference without additional cost involved?
Jeremi Lti:
Hi @Rotoxy ohoh nice question. very relevant !
The integration of advertising inside the wallet will not be deployed immediately and will be subject to several test steps.
Because you are right it can be considered as very intrusive.
Of course, personal and payment data will not be accessible to advertisers, but they will know that through retreeb they are reaching an audience engaged in social and environmental issues.
This is an additional source of revenue for retreeb that will allow us to keep our pricing attractive to retailers. 😌
This deployment will be done with intelligence in a section of the application that is adapted to this: the project tracking.
But there will be 2 safeguards to this feature:
each user will be able to deactivate the function (AdBlock) in exchange for a donation of a few € shared 50/50 between retreeb and the solidarity project they support.
Advertisers who will be able to communicate will have to be at least conform to our values and our engagements.
D. | Satoshi Club:
👍 your wallet is already ready to use? if not, when we can expect its
launch?
Jeremi Lti:
Ahaha nope it is still in development after the first Beta phase but I can
disclose exceptionally the new design of the consumer wallet 😏
Jeremi Lti:
Gold Rocket | Satoshi Club:
Awesome 👍
Thanks for sharing
D. | Satoshi Club: Looks sexy 😏
Jeremi Lti: You know, we want Retreeb to become the bridge between the crypto and the mass market. It is the mass market solution for responsible finance that all citizens are waiting for.
Gold Rocket | Satoshi Club: Your designer did a good job
Yes, we all need mass adoption
Jeremi Lti:
Thx I’ll tell him it’s a co-founder 😉
Gold Rocket | Satoshi Club: Ready for the next question?
Jeremi Lti: Yes 😉
D. | Satoshi Club: Let’s go!
Q5 from Telegram User @Billz120 Retreeb – On your White Paper (Wallet Consumer), the wallet Consumer is a mobile application dedicated to consumers and the ecosystem’s reference wallet. I understand the wallet is also designed to be white-labeled. Please what exactly does it mean to be white-labeled? Could this Retreeb Wallet Consumer be downloadable on the Google play store?
Jeremi Lti:
Hi @Billz120 Indeed the retreeb consumer wallet but also the retreeb business
wallet for merchants will be available on google and apple store.
Gold Rocket | Satoshi Club: Partially disclosed.
Jeremi Lti: White labeling means that it will also be possible for brands/companies to customize a retreeb consumer wallet for their customer/community in the aim to accelerate development in multiple countries.
D. | Satoshi Club: Will you conduct audit of your app before the launch?
In case if it has any vulnerabilities.
And people will able to participate in testing phase?
Jeremi Lti: Naturally, but above all we will first test on a small scale.
D. | Satoshi Club:
👍
Gold Rocket | Satoshi Club:
Thanks for your answers ☺️
Let’s proceed to the last question of this part😊
Jeremi Lti: Yes yes, we are thinking about a beta testing and integrated eshop model at retreeb for this step.
Go 😉
Q6 from Telegram User @Asela1112 One of the major advantage of $(S)TREEB is, it can be used as a medium currency to buy goods & services from retail networks using our mobile phone or the retreeb card. Can you list some retail networks that we can buy goods & services, currently you have partnered with? What kind of retail networks, do you focus mainly to expand the $TREEB token as a medium Currency? Don’t you have an idea to partner with Mega marketing networks such as Amazon, Ebay etc. in addition to retail networks? How much is the fee cost per a good or service, worthing of 100$ ? In here you have mentioned about mobile Phone App version & about a Retreeb card. How will I get a Retreeb Card? Will Retreeb App available on Play store or Where Can I get the App? Do you have any video tutorials about Using this App version & Card to Buy Goods & Services?
D. | Satoshi Club: Now this is lots of questions 🤣
Jeremi Lti:
hi @Asela1112, a multiverse questions 😜
Of course, in addition to local networks, we will develop partnerships with major players in distribution.
It is the same with some big NGOs.
Concerning the fees, I remind you that they will be supported only by the merchants and not the consumers. It’s important to understand that.
Moreover, all associations and NGOs will also be exempted from fees on retreeb network.
💙
We consider, that Finance does not have to take money from these actors at the heart of social and environmental commitment. 😏
Gold Rocket | Satoshi Club: Interesting solution by the way😊
Jeremi Lti: A good way for adoption too 😏
For a merchant, the price will range from 0.9% to 1.5% of the transaction amount, which is much less than with a Visa or MasterCard and bank commissions.
I can’t disclose the ongoing discussions on our partnerships, but they will be several. We have to build up step by step. 💪
Gold Rocket | Satoshi Club:
This is really a tool of the future👏
Thank you very much for your answers and clarifications! It was a great first part.
Part 2 — live questions from the Telegram community
Q1 from Telegram user@cryptoflower13 Within your products you offer (U) TREEB, could you explain us a little bit about what it is? What does it mean that it has a fixed bid and a variable value? What advantages or benefits does it offer to users?
Jeremi Lti: Hi The $Treeb holder will be able to participate in the governance process of choosing which CSR projects will be funded. Each $TREEB will give him a vote in the upcoming CSR launchpad. This participation will be rewarded by rewards like in a board of directors. Moreover, the token holder will be able to benefit from a free biometric card when it will be released and free exchange fees between Stable Treeb € for example and stable Treeb £.
Q2 from Telegram user @Savitasapra3 What documents users have to provide for KYC to create account on Retreeb wallet? Can you please share how users can convert Treeb into fiat in Retreeb wallet? Are you in collaboration with third party to do so?
Jeremi Lti: Hi, It will be a very classical KYC like for an exchange and we already have our partner. The exchange of fiat € into Stable Treeb will be done by bank transfer (without fees) or by CB.
Q3 from Telegram user @Wong2008 Can you tell us how you will determine the legit social and solidarity projects to collaborate with and if the community have the right to choose through governance?
Jeremi Lti: Step 1: Token holders will vote in delegation for the proposed projects and get rewards for them. Step 2: The selected projects are deployed in the consumer wallet and users choose which one they want retreeb to fund. ^^
Q4 from Telegram user @Pratze Could you announce here where the will be Treeb Token listing? what exchanger or DEX will Treeb token launch and also how about Airdrop?
Jeremi Lti: Hi, The token will be listed on Probit (CEX) and Spookyswap (DEX) in the next few days for $0.015. Airdrops will be available for those who have signed up in the next few weeks.
Q5 from Telegram user @highpee Retreeb project developers are from PARIS but the Retreeb project is a registered company in Geneva, Switzerland. Why did you decide to register this project in SWITZERLAND? Which locations are you able to offer your service for? How will this enable you to provide an effective bridge between the crypto and mass markets?
Jeremi Lti: We created the company in Geneva for 3 reasons (and not fiscal):
the regulator is favorable and open to the token economy
with retreeb we want to inoculate the virus of sharing in a greedy industry. We need to do it in one of the world’s financial hubs and Geneva is one of them.
in a geopolitically complex world, the Swiss passport is the guarantee to access any international market.
Q6 from Telegram user @mucana Today, communities can bring interesting ideas and great partnerships to projects, how important is the community to the Retreeb platform? Can you tell us about the current partners of Retreeb? Will Retreeb be able to establish great partnerships in the future?
Jeremi Lti: Hi, ^^I come from social media marketing. I founded one of the first French social media agencies in 2010. I know the importance of a community and also the necessity to drive it well. We will rely heavily on our community to create business opportunities and to evaluate our innovations and new features. As I said I can’t reveal our discussions but we are making progress on many issues.
Q7 from Telegram user @habibi_ve Does Retreeb offer “ethical payment solutions”? Are other payment systems not ethical? What differentiates Retreeb from other platforms? What are its most unique features?
Jeremi Lti: Salam alaykoum Habibi 😉 You know Retreeb is inspiring of Islamic finance value as solidarity, ethics and transparency. Retreeb is the first financial institution that decides to link its business performance with its social contribution. We redistribute 33% of our revenues to fund social and environmental projects. Can you find something like that in this industry actually? No.
Q8 from Telegram user @taemin_vj What help get from Retreeb those who are starting in the crypto world? What way do you instruct those who have little information about investments and earnings in cryptocurrencies? Do you have a guide or qualified person to give some kind of basic tutorial on how to function in the Retreeb Platform?
Jeremi Lti: Hi, The principle of retreeb tomorrow is to make the crypto invisible. You know everyone wants 4G or 5G to get internet fast but no one wants to know how it works. Well, we need to make blockhain and crypto invisible and easy. That’s our goal and all our interfaces are designed for that. 😉
Q9 from Telegram user @Nonerlike Can you please suggest where can I buy your token if I cannot buy in PROB?
Q10 from Telegram user @messilolz Do you have any tokens for charity in your tokenomics? How will you generate funds for social and environmental projects?
Jeremi Lti: Hi Messi and welcome in Paris ^^ As explained, we redistribute 33% of the commissions collected from merchants towards the financing of CSR projects. In addition to this, as indicated in the tokenomics, 2% of the supply will be devoted to financing projects that retreeb will support further.
