Month: October 2021

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 Meta Spatial and our guest, @Peter686868. The AMA took place on the 29th of October.

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

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Meta Spatial! Welcome to Satoshi Club😀

Luis Merino 🇪🇸 | Satoshi Club: Hello everyone and welcome to another AMA session in Satoshi Club. The second one of the day. Our guest is @Peter686868, representing Meta Spatial team. Peter, welcome to your new home 🙂

Mary | Satoshi Club: @Peter686868, welcome to Satoshi Club👏

Peter: Hello, very nice to be here.

Mary | Satoshi Club: Hello, Peter! Happy to see you here👍

Peter: I am Peter, Global Community Manager of Meta Spatial.

Luis Merino 🇪🇸 | Satoshi Club: Nice to e-meet you, Peter. How are you today?

Peter: I’m great.

Mary | Satoshi Club: Super! So, let’s start our AMA🚀

Peter: I’m ready.

Mary | Satoshi Club: And we will start it with Meta Spatial project introduction😀 Btw, is your project connected with Facebook Meta?😀

Peter: Let me introduce Meta Spatial.

Mary | Satoshi Club: Sure, take your time🙂

Peter: Meta Spatial is a Metaverse virtual universe researched and developed by the Spatial Studio. Meta Spatial is inspired by science fiction novels. The Spatial Universe is an unlimited super universe where the spaces are linked together through the Spatial Portal. The Spatial studio will build fantasy spaces stage by stage via understanding ideas from the community, especially the DAO community. Meta Spatial will provide users with the most extensive and authentic experiences by creating unlimitedly different spaces and applying XR – Virtual Reality and Extended Reality Technology in the Meta Spatial ecosystem.

Project features:

• Play to Earn
• NFTs
• Gameplay & DAO Community
• Metaverse Gaming Platform
• VR/AR/MR/MX Technology
• NFTs Marketplace
• Spatial Moon and Spatial Galaxy
• Spatial Wallet

Mary | Satoshi Club: A lot of features! That’s what we need🚀🚀🚀

Luis Merino 🇪🇸 | Satoshi Club: Boom!🤯

Mary | Satoshi Club: So, your team and Spatial Studio’s team are the same teams?

Peter: Yeah, the same team. Our team excluding marketing, has more than 60 developers working on the project. And nearly 30 people in the marketing department.

Teaser trailer: https://www.youtube.com/watch?v=BmNo5VlkD50

Luis Merino 🇪🇸 | Satoshi Club: That’s a lot!!

Mary | Satoshi Club: Wow, big team! I’m sure we will see something special👍

Luis Merino 🇪🇸 | Satoshi Club: Such a huge team.

Mary | Satoshi Club: Peter! Thank you for your intro! Let’s dive deeper into the details of Meta Spatial project with the questions from our community?

Peter: Yeah, I’m ready now.

Mary | Satoshi Club: Let’s go🚀

Q1 from Telegram user @MudaraSilva:

You have mentioned that Meta Spatial is one of the first NFT games in the world to bring MR, XR, VR and AR technology into the game. Please separately explain how do these features work on your platform. Can you let us know what type of experience do users get due to the availability of these technologies? How does their experience differ from what they get on other platforms? What made you integrate above technologies to Meta Spatial? Did you notice something special in other NFT games that have these technologies?

Peter: Thanks for the great question.

Before making the game Meta Spatial, the game development team has made lots of games and provided IT outsourcing, VR and AR services for big real estate companies in Vietnam for many years. In the not too distant future, we can completely create toolkits to help players create maps to be able to play in the game, so the synchronization of the game world and the real world is possible.

Meta Spatial will bring users the most immersive and realistic experiences by creating unlimited different spaces and applying XR – augmented reality and virtual reality technology in the Meta Spatial ecosystem.

Users can use VR, AR glasses like Oculus or Hololens to experience a whole new level of gaming.

Mary | Satoshi Club: And if more precisely, approximately when?) One year, five? Can you suggest any timeframes?

Peter: Nearly a decade.

Mary | Satoshi Club: It’s so close😃

Luis Merino 🇪🇸 | Satoshi Club: Not so late😁😁😁

Peter: We are aiming for the big thing and already raised the whole industry standard.

Mary | Satoshi Club: How many players is your goal?😃

Peter: The more the better because we want to attract traditional gamers as well.

Luis Merino 🇪🇸 | Satoshi Club: I see you don’t want to set a “limit”😉🚀

Peter: Yeah.

Mary | Satoshi Club: Gotcha👍 That’s right) I think we are moving in the future when we will think about players who are playing blockchain games as about traditional players)

Luis Merino 🇪🇸 | Satoshi Club: You are absolutely right)

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?

Peter: I’m ready.

Q2 from Telegram user @Jmagsss:

I see that Meta Spatial, Spatial Galaxy and Spatial Moon all reside under the Tatum Blockchain network. It’s not everyday that you see projects deploying under this network. So why have you chosen Tatum over other conventional and popular blockchains like BSC, ETH and Solana? What’s so special about Tatum blockchain?

Mary | Satoshi Club: To be honest I am not familiar with Tatum Blockchain😌

Luis Merino 🇪🇸 | Satoshi Club: Me neither😄👍

Peter: We choose to deploy on BSC because of the low fee and great ecosystem.

Mary | Satoshi Club: Yes, that’s true, the best for blockchain games! But did you ever think to make your game cross chain?

Peter: We also have plans to cross chain to other chains like Solana or FTM soon.

Luis Merino 🇪🇸 | Satoshi Club: Great point.

Peter: Cross chain is the future so we already prepared for that.

Luis Merino 🇪🇸 | Satoshi Club: You are right. We need all the chains working “together”.

Mary | Satoshi Club: I see and that’s nice that you see our needs😉

Peter: Yeah, we are working very hard to deliver the game right in November.

Luis Merino 🇪🇸 | Satoshi Club: We are so near😊

Mary | Satoshi Club: Thank you for your answers, Peter! Ready to jump to the next question?🔥

Peter: I’m ready for next one.

Q3 from Telegram user @Pavel_Jarosh:

The first thing that attracted my attention in Meta Spatial ecosystem is Spatial Maker – a software that allows players to create assets in the Meta Spatial universe freely. That is a great idea to provide a possibility to create personally authentic heroes or assets. Please explain the cost of this feature. Does it varies based on the level of complexity of each creation?

Peter: Great question.

Unlike other NFT games that will cost you like 300-400$ to buy the NFT to play the game, our approach is different, we will charge very small amount (20-30$) to create our NFT characters. Meta Spatial is one of the pioneers when players can create characters based on more than 600 elements available. In the next stage, players can freely design skin, accessories for their characters and share, trade on NFT Marketplace.

Users will use $SPAT to pay for NFT creations.

Luis Merino 🇪🇸 | Satoshi Club: So it will be very accessible for many people 👏

Mary | Satoshi Club: Each stage will have the same price?

Peter: We are discussing with our advisors about this to make sure our users will feel good when paying it.

Remember to join our social channels for more information!

MetaSpatial’s official social media:

• Website (https://metaspatial.io/)
• Twitter (https://twitter.com/MetaSpatial_io)
• Channel (https://t.me/metaspatialANN)
• Group (https://t.me/metaspatialgroup)
• Medium (https://medium.com/@meta_spatial)
• Youtube (https://medium.com/@meta_spatial)
• Reddit (https://www.reddit.com/user/Meta_Spatial)

Luis Merino 🇪🇸 | Satoshi Club: Which are the main use cases for $SPAT?

Mary | Satoshi Club: Satoshiclubbers, join🚀

Peter: We will have other use cases for $SPAT such as Map creation.

• In-game NFT transaction fee
• Payout mechanism in team battle modes where players will bet tokens and winners will receive tokens from losers
• Future NFT generation fees

Stay tuned!

Luis Merino 🇪🇸 | Satoshi Club: Thank you)

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?🚀

Peter: I’m ready.

Q4 from Telegram user @victorogb:

I noticed on your tokenomics section, that Meta Spatial will allocate 32% of total token supply to “Play to Earn” which also accounts for the highest allocation, with fractions of 1%, 1.6% and 8.6% allocated to public, seed and private sales respectively. Since the entire concept of your gaming metaverse is hinged on Play to Earn, can you elaborate on the ways, means and channels players can earn and remain profitable while playing? How will the allocations to Play to Earn be utilised overtime and what ways will this allocation be continuously replenished from gaming activities? Can you talk on the seed, private and public allocations, how would these sales be conducted?

Peter: Please have a look at this:

Meta Spatial will use two token system in the game, which is token SPAT (governance) and token GSTA (token reward). Players can earn $SPAT and $GSTA through the above activities.

We are glad that we already finished our seed and private rounds.

Top Tier Backers : Icetea, Redkite, Gamefi, Master Ventures, MEXC, Modal Dasar, Modal X21, AV Star Ventures, Despace, Modal Maven, Modal Asteroid, Modal 4YF, Pemburu Permata, DCI, Poolz, Phoenix VC, Stasiun BSC, SGN Ventures, Basics Capital, Modal Onemax, Modal Onebit, Gain Associate, Kiwi, Genblock, AU21, and many more.

Mary | Satoshi Club: Incredible list🔥🔥🔥

Luis Merino 🇪🇸 | Satoshi Club: I see some important names👀

Mary | Satoshi Club: Both tokens will be tradable?

Peter: Yeah sure.

Luis Merino 🇪🇸 | Satoshi Club: Please share $GSTA tokenomics.

Peter: Please have a look: https://www.whitepaper.metaspatial.io/operation-and-management/what-is-gsta

$GSTA token is the currency generated as a reward during participation in Meta Spatial activities. $GSTA is a BEP-20 token built on the Binance Smart Chain blockchain.

Mining and burning $GSTA will be entirely based on the development and adoption of the game’s user base. $GSTA supply and pricing will be kept at levels to maintain in-game asset valuations at a reasonable level and optimize entry levels for new users, while allowing the market to appreciate the game from outside.

$GSTA will be used for these purposes:

Spatial Moon:

• Pay for the participation in the arena
• Pay for the creation of personal maps
• Buy limited NFTs
• Increase some attributes during the match (these attributes will reset at the end of the match)

Spatial Galaxy:

• Pay for participating in interplanetary wars
• Pay for planet creation
• Pay for crafting spaceships
• Increase some attributes during the battle (attributes reset after the battle ends)

Luis Merino 🇪🇸 | Satoshi Club: There you are! Thank you.

Mary | Satoshi Club: Thank you for your answers, Peter! Ready for the next question?🤩

Peter: I’m ready.

Q5 from Telegram user @yellowchamp:

Meta Spatial has received great supports from big VC and communities, such as: Icetea Labs, Redkite, Gamefi, Master Ventures, MEXC, Modal Dasar, Modal X21, AV Star Ventures, Despace, Modal Maven and many more. So, does the support you’ve received from them includes financial support? For those platforms that share their support in your platform, did you consider them for future collaboration or there is already an ongoing partnership with those said platforms?

As you received support from those platforms, what great impacts and advantages it brings to Meta Spatial network? Any win-win benefits that you will also give back from the support they are offering to your platform?

Peter: Beside receiving financial support from VCs, we also get their support in terms of strategy, community building, connection, marketing. These will help us deliver a great game and everyone will be playing the game.

We also can help them in return in so many ways. The ultimate goal is to deliver great products for users to be playing our game and have a great time.

Mary | Satoshi Club: But will they influence on your decisions?😃 Can you, for example, explain how your governance system will work? 1 token = 1 vote?

Peter: We are user-focused from day 1, our users will always be our greatest asset and we would love to design the game the way community wants through our DAO.

Meta Spatial is a decentralized virtual universe. Granting control permission to the creators of this virtual space has always been part of our initial vision. In summary, through the DAO, the users have permission to control the policies created to define how the Meta Spatial platform works.

Luis Merino 🇪🇸 | Satoshi Club: Then it will be a win-win for everyone😄

Mary | Satoshi Club: Got it! Happy to hear🤩

Peter: Thanks.

Mary | Satoshi Club: Thank you for your answers! Ready to go to the 6th and last question from this part?😃

Peter: Great.

Q6 from Telegram user @Cheriemike:

Within your metaverse, there are two planes for users to venture into: the Moon, and the Spatial Galaxy. Can you tell us what make up both planes and are there procedures on how users can venture into each plane? You mentioned that both planes can be connected together only by the aid of Spatial Portal which was created by you. Can you tell us the importance of this portal and how this will make the metaverse more enjoyable for players when both planes are connected? And are there rewards/profits for users as they explore Spatial metaverse?

Peter: Great question.

The Spatial Portal is a hall where gamers can enter the spaces in the Meta Spatial ecosystem through the linked portals.

In the Spatial Portal, gamers can interact, visit NFT markets, and join Meta Spatial activities.

To create a real Metaverse universe, we integrate the marketplace into the Spatial Portal, and gamers can visit the shops to choose favourite items instead of scrolling and clicking boring regular websites.

Meta Spatial Moon is a fictional space regarding a wormhole where gamers will experience a lively space with many historical and modern character themes in epic map perspectives. Furthermore, gamers can participate in the Battle Royale arena and earn money from the battles and owning lands.

Players will play Meta warriors’ role by buying NFTs or creating their own initial NFT characters to join. In the game, gamers can fight bosses, mix multi-players to choose the best one. Moreover, gamers can select a team playing in 5 vs 5 formats.

https://www.whitepaper.metaspatial.io/overview/meta-spatial-moon

Meta Spatial Galaxy is a space for outer space adventures, inspired by the star wars movie. In Meta Spatial Galaxy, gamers can own spaceships and planets through the NFT system, and experience vivid space journeys.

Gamers can also join the warrior to protect their planet by piloting spacecraft with XR technology (AR, VR, MR).

User can earn in so many ways! Hope this will answer you.

Mary | Satoshi Club: Yes, very detailed answer😃 I already want to try your game!

Luis Merino 🇪🇸 | Satoshi Club: I think this question is covered.

Peter: Our game is ready to be played in November guys!

Mary | Satoshi Club: We will definitely visit you portals😉 Ready, Peter?😉

Peter: I’m ready.

Mary | Satoshi Club: Let’s go🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cenkkargin0666:

Who is the target audience and age range of Meta Spatial? Do I need to be a wealthy investor to play Meta Spatial or can players with small capitals play Meta Spatial?

Peter: Our target audience: 15-35 years of age. We will charge very small amount (20-30$) to create our NFT characters, so you don’t need to be a wealthy investor.

Q2 from Telegram user @Xusuo:

I want to know more about $SPAT token, does Meta Spatial have burn/buy-back for the token? If yes, how does the mechanism work and what triggers the burn event?

Peter: Thanks, with the goal of building games for the long haul, the team has plans to add value, burn token or buy-back strategies to consolidate and enhance value if necessary.

In addition, the game will have mechanisms to reduce inflation and use both tokens in the game such as:

• In-game NFT transaction fee
• Pay-out mechanism in team battle modes where players will bet tokens and winners will receive tokens from losers
• Future NFT generation fees

Q3 from Telegram user @MdLuffyo:

Do you have an NFT market in the game and an area where we can buy and trade in-game items? Can players design characters, skins and accessories in Meta Spatial?

Peter: Meta Spatial is one of the pioneers where players can create characters based on more than 600 elements available. In the next stage, players can freely design skin, accessories for their characters and share, trade on NFT Marketplace.

Q4 from Telegram user @cindy0666:

The initial cost of participating in NFT game projects is high. Joining Meta Spatial doesn’t require 300-400$. What makes you different in attracting more players from other NFT gaming platforms?

Peter: Unlike other NFT games that will cost you like 300-400$ to buy the NFT to play the game, our approach is different, we will charge very small amount (20-30$) to create our NFT characters. This will attract thousands of players.

Q5 from Telegram user @Kabirkapoor9:

When can we expect the Meta Spatial game to be fully deployed and ready to play? Can you please share the progress of the game development till now?

Peter: We will do IDO on 5th of November, the game will be ready to play on PC and mobile phones after a few days from the IDO.

Q6 from Telegram user @Asela1112:

How about the things going on currently with your partners? Will they guide you with consulting, incubating services and in game development?

Peter: Meta Spatial is delighted to receive a lot of support from major VC funds along with a well-known network of KOL/Influencers in crypto and non-crypto markets. The Meta Spatial leadership team is working day and night with large funds and KOLs to promote the product in the near future to attract users in Vietnam and other countries.

Also we have designed a balanced tokenomics to make sure that everyone is fair and has a good time playing our game.

Q7 from Telegram user @Sourava12:

I found out that recently, Meta Spatial has introduced two tokens, $SPAT and $GSTA. Can you please give me more details regarding these tokens, what are the key utilities?

Peter: The SPAT token is the primary currency and an essential part of the Meta Spatial ecosystem. SPAT is a BEP-20 token built on the Binance Smart Chain blockchain used as the basis for transactions in the Meta Spatial and has the following functions: https://www.whitepaper.metaspatial.io/operation-and-management/what-is-spat

GSTA token is the currency generated as a reward during participation in Meta Spatial activities. GSTA is a BEP-20 token built on the Binance Smart Chain blockchain. GSTA token has the following functions: https://www.whitepaper.metaspatial.io/operation-and-management/what-is-gsta

Q8 from Telegram user @barisbektas1:

Strengthening the character in today’s game projects costs high prices. How will the Meta Spatial’s game NFT characters and power-up pricing be? Is it possible to shop cheaply from the in-game market?

Peter: We want to focus on users’ skills instead of investing so much money on NFT characters. We charge very little so everyone can play.

Q9 from Telegram user @m_ahdh_i:

In a project, marketing and advertising strategies must be strong in order for it to be successful. What plans do you have for your project’s marketing and advertising strategy?

Peter: Meta Spatial is cooperating with many reputational VCs with many years of experience in promoting advisors for blockchain projects. This will be a tremendous advantage, so that Meta Spatial can deploy game development and attract community’s attention.

The Meta Spatial leadership team is working day and night with large funds and KOLs to promote the product in the near future to attract users in Vietnam and other countries.

Q10 from Telegram user @Pokerlight:

According to your roadmap, it says that this month you should have done a private sale and public sale, but I didn’t find anything about it. So when will you do these events?

Peter: We already completed our seed and private rounds and are ready to do IDO on multiple platforms.

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:

• English Telegram group: https://t.me/Satoshi_club/
• Russian Telegram group: https://t.me/satoshi_club_ru/
• Spanish Telegram group: https://t.me/satoshi_club_spanish/
• Telegram Channel: https://t.me/satoshi_club_channel/
• Twitter: https://twitter.com/realsatoshiclub/
• Website: https://esatoshi.club/

Our partners:

• Website: https://metaspatial.io/
• Twitter: https://twitter.com/MetaSpatial_io
• Channel: https://t.me/metaspatialANN
• Group: https://t.me/metaspatialgroup
• Medium: https://medium.com/@meta_spatial
• Youtube: https://medium.com/@meta_spatial
• Reddit: https://www.reddit.com/user/Meta_Spatial

We are pleased to announce our next AMA on November 1st 2021 at 03:00 PM UTC Time: Satoshi Club x Quidd

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Quidd Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Quidd Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Quidd

For more details:
Quidd Website – market.onquidd.com
Quidd Telegram – @quiddtokentraders
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 3rd, 2021 at 03:00 PM UTC Time: Satoshi Club x HornHub

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HornHub Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. HornHub Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about HornHub

For more details:
HornHub Website – hornhub.finance
HornHub Telegram – @HHUBfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

PART 1. Introduction of Kyrrex project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about Regulated Crypto Exchange Built by Real Traders.

Kyrrex provides an extensive range of services including trading, exchanging and storing cryptocurrencies, participating in an exclusive Saving Program, and many others.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about Kyrrex

The reward pool is 500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Viktor Kochetov – @vk1101 – a CEO and founder of KYRREX ECOSYSTEM

Mike – @Mike_Kyrrex – Kyrrex Co-Founder and visionary

Introduction of Kyrrex project.

Gold rocket | satoshi club:

Hello again, dear satoshi club community! We are pleased to announce ama with Kyrrex

Today our guests are @mike_Kyrrex (mykhail romanenko) and

@vk1101 (mike)

Hello and welcome to satoshi club, mykhail and  viktor😊

Viktor kochetov:

Hello everybody 🙌

Mike:

Hi all!

Gold rocket | satoshi club:

Nice to e-meet you guys❤️

Viktor kochetov:

Our pleasure

Gold rocket | satoshi club:

How are you doing?

Viktor kochetov:

We are doing well 😉

Mike:

Nice to e-meet you too)

Gold rocket | satoshi club:

We are really excited about upcoming ama with you❤️

Let’s start! Introduce yourself please. How did you get to be involved in crypto & Kyrrex

Tell us please about your position in Kyrrex

Andrés m. | satoshi club:

Is an honor for us to have you here😃 @vk1101 @mike_Kyrrex

Viktor kochetov:

My name is viktor. And i am ceo and founder of Kyrrex ecosystem

Our past experience it’s traditional classic market trading and development of different kind of trading systems

Mike:

I’m mike – co-founder and cvo of Kyrrex

Andrés m. | satoshi club:

What is the meaning of Kyrrex word?🤔

Gold rocket | satoshi club:

Yes! What does it mean?😁 btw give us a brief introduction to the project. What is the essence of Kyrrex

Viktor kochetov:

The essence of Kyrrex is crypto fiat ecosystem. This system is combines 2 worlds – fiat (with the main services) and crypto with the full spector of functionality. Unfortunately, at present it’s not possible to provide full range of services inside one platform but with the Kyrrex ecosystem based on right legal and technical diversification it becomes possible.

Andrés m. | satoshi club:

Which chain are you based on?

Mike:

We are centralized ecosystem

In some parts of our core, we use stellar blockchain

Viktor kochetov:

Kyrra – in greece philosophy means people of the sun

Rex – real exchange

So, people of the sun bring you real exchange)

Gold rocket | satoshi club:

Very strong and symbolic name

Please tell us about the team of like-minded people who help build the project? Who is at the core of the team?

Andrés m. | satoshi club:

Oh great chain, a little underrated

Viktor kochetov:

At the moment we have 60+ people in-house and about 20 as an outsource staff. The senior management and core team consists of professionals from the different financial sectors: banking, software development, portfolio management, etc

Our team is growing very fast, we have started our legal expansion and ready to participate this process at different geographies to cover our services all over the world.

Also, more information about our team members and board members can be found here https://Kyrrex.com/token/

Gold rocket | satoshi club:

Thanks for sharing😉 Real dream team😁

Andrés m. | satoshi club:

Excellent team behind a fantastic project. Where is you based focused on? I mean are you interested on europa, asia or are you a global project?

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 Kyrrex

Viktor kochetov:

We are global project. Currently we are located in Europe but already have company in usa and in process of licensing there. Next steps Singapore, India and turkey

Andrés m. | satoshi club:

Excellent, that’s mass adoption😃

Viktor kochetov:

Our target is only regulated markets

Mike:

We have started to look a crypto market at 2015 as crypto traders

For us it was very hard to work with it infrastructure due to a lot of reasons:

– lack of liquidity

– poor functionality

– lot of problems with connection to web platform

Thats why we decided to create our own project

Since 2016 we developed our architecture and core

At 2018 we launched our mvp

Gold rocket | satoshi club:

You are early birds😁🔥

Viktor kochetov:

Yes, you are right)

Andrés m. | satoshi club:

Thanks for the introduction guys, now let’s learn more about Kyrrex through the community questions we have collected. Ready to proceed?🥳

Viktor kochetov:

We are always ready 😅

Preselected questions about the Kyrrex DeFi project.

Andrés m. | satoshi club:

Q1 from telegram user @yellowchamp

Some of the benefits of Kyrrex native token which is the $krrx tokens are trading fee discounts which you can save up to 50% on trading fees and you also have referral program and savings program. So,while giving 50% discount on trading fees,is this fair enough to your platform and how would you gain more revenue if 50% of your trading fees is given as discount? What leads you to give a higher discount on trading fees? Can you explain the mechanism of your referral program? What are the rewards for the referrer and the one being referred in Kyrrex? How much is the highest percentage rate of your savings program? What is the longest duration of your savings program? Does your saving program is same as holding of tokens in your platform? What advantages of saving program? Thank you

Viktor kochetov:

Thank you for your question.

Our low-cost business model provides an efficient cost structure that can reduce trading fees up to 60% when our clients use the krrx token. We are building a strong and reliable ecosystem accessible to everyone.   

Our user-centric approach is focused on finding the best value proposition for our users to empower and benefit from our ecosystem.

As for our referral program. It depends on the number of coins in staking and the number of referrals you are attracting. The more coins in the staking you have and the more referrals you have attracted, the higher share of referral’s commissions you will receive. Bonuses vary from 10% to 60% of total amount.

Our deposit program provides the highest interest rate on the apy on krrx deposit is 14.5%. The longest term for placing a deposit is 360 days.

Also you can purchase  our software solutions for institutional clients like white label for exchange and otc, liquidity hub, telegram bot wl with huge discount

Gold rocket | satoshi club:

Great apy👍

Andrés m. | satoshi club:

What are the most important usecases of $krrx?

Viktor kochetov:

Reduced trading fees, unique services and products which would be provided only for the stake holders of krrx

Andrés m. | satoshi club:

Great reasons to invest, staking is my favorite one btw😁

Gold rocket | satoshi club:

Please tell us what these features are? Especially about telegram bot wl?

Mike:

We have created telegram bot for exchange, store, stake crypto, you can try it @krrx_bot

Bot could be provided like wl solution for other crypto institutionals

Gold rocket | satoshi club:

By the way, i registered on Kyrrex and i can note that you have an excellent intuitive interface, support for many languages, and a sufficient number of coins

Viktor kochetov:

You should try our @krrx_bot and it’s even more intuitive interface

Gold rocket | satoshi club:

Of course i will try it 😁

Andrés m. | satoshi club:

I’m doing it and is really intuitive, a good exchange

Gold rocket | satoshi club:

Thank you very much for your answers and clarifications! Ready to proceed to the next question?

Viktor kochetov:

Very useful for the people who just start crypto activity

Andrés m. | satoshi club:

Keep things simple is the key😁

Q2 from telegram user @nataliyakil

If i understand correctly, the krrx token presale started on october 25th? Where does it take place and who can take part in it? When will the sale be considered completed and closed, is there a specific time frame or when will the amount of tokens allocated for the sale be sold?

Viktor kochetov:

@nataliyakil thank you for the question.

Yes, correct, the presale have been started on 25th of october and will last till 25th of november. The total amount for presale is 50 mln tokens.  Immediately after that we’ll start the public sale on top tier exchanges.

Gold rocket | satoshi club:

Will Nataliya be able to participate? 😉

Viktor kochetov:

I hope so)

Andrés m. | satoshi club:

We all can 👀

Gold rocket | satoshi club:

Are there any special conditions, such as kyc or etc for this?

Andrés m. | satoshi club:

What will be the listing price, initial market cap and max supply?

Viktor kochetov:

We have diversified model of our legal part , that’s why based on the origin of the client we could provide the more comfortable way to pass kyc procedure in our platform.

Mike:

Listing price will be 1 usd

Max supply 500mil of krrx token

250mil will be frozen for 4 years

Andrés m. | satoshi club:

Thanks for those interesting details, clear answers are very appreciated for our community. Now is time to proceed with the next question🥳

Andrés m. | satoshi club:

Q3 from telegram user @pavel_jarosh

With a 5 year background (founded in 2016) as a global investing, payment and financial ecosystem, Kyrrex is aiming to bridge the gap between banking and crypto through the provision of a comprehensive set of products and services, aimed at everyone, everywhere. However, there’s not much info about Kyrrex outside of your website or community. There’re only 17 reviews regarding Kyrrex on trustpilot that makes think that you’re still at the stage of building a strong community. Please talk about these 5 years since the foundation. What obstacles have you overpassed so far? What made you special by the end of days? Thank you!

Viktor kochetov:

You are right, we been quite for so long. But! We had a reason. Our main concern is a legal part. We have been in a process of licensing and parallel we wanted to provide ready product for the clients. During this time, we didn’t make any marketing or promotion. But now we are ready to bring everything what has been prepared for 5 years. Be ready to meet us 🤗

Our unique products and ecosystem itself makes us special in compare of other companies in this sphere

Gold rocket | satoshi club:

Yes, you really brought unique solutions

Look forward to! Thank you very much for taking these issues so seriously. After all, this is how you care not only about yourself, but also about the safety of your users.👏👏👏

Andrés m. | satoshi club:

You care a lot about legal terms, have you done audits processes? Which problems did you find on your platform?

Mike:

We have passed system audit from one of “big 4” before apply a license

Viktor kochetov:

In regards of legal part we have been in process to obtain license in malta 3 years. Now we already passed final compliance visit from the regulator and already fulfilled the conditions.

Andrés m. | satoshi club:

Wow, that’s an important milestone. Congratulations

Viktor kochetov:

As you know malta has proper crypto regulation and i think it’s one of the country who did it very well. Since 2018 there been a lot of companies 286 applied for the licensing (including binance) but now just a few still in a process including our company

Most of the companies didn’t full fill requirements and now out of this process

Andrés m. | satoshi club:

Our best wishes for you on it💪

Gold rocket | satoshi club:

Yes it makes sense👏

Thanks for your great answers! Ready for the next question?

Viktor kochetov:

Now we are ready

Andrés m. | satoshi club:

Q4 from telegram user @jmagsss

I’ve learnt that Kyrrex’s native token, the $krrx or the Kyrrex coin, is deployed under the tron blockchain and uses the trc-20 protocol standard. Most centralized crypto exchange platforms have came up with their own native networks to issue their platform’s token like the $bnb of binance in the binance smart chain, the $okb of okex’s in the okexchain, the $kcs of kucoin in the kcc and so on and so forth. All of them have their own respective blockchain and networks where their token resides. Will this be also the case for Kyrrex in the future? Will you be developing your own chain where the $krrx will be the native token?

Mike:

Most of the tokens mentioned above were launched on erc20 network. Only after some time they’ve developed their own blockchain. We won’t be the outlier here and also plan to launch our own blockchain. But before that we need to stick to our roadmap and execute all products and features announced.

Gold rocket | satoshi club:

Well, if did you say about the roadmap, would you like to share with us perhaps?

Mike:

Yes, we have our roadmap in the wp

https://kyrbkt.s3.eu-west-1.amazonaws.com/files/Kyrrex+whitepaper_eng.pdf

Gold rocket | satoshi club:

Thanks guys for detailed information and answers😊 Ready for the next question?

Viktor kochetov:

Yes sure

Andrés m. | satoshi club:

Q5 from telegram user @emnking

I read on your telegram page that by the end of november the mobile app for Kyrrex will be released. And it will completely duplicate the desktop version of Kyrrex, and at the same time will be simple and convenient to use. Duplication of the desktop version to the mobile version, does this entails that if the mobile app is released, users that have been using the desktop versionwill no longer be able to use Kyrrex on desktop? How will you ensure that this duplication process is carried out in such a way that users data will not be lost? Will the app contain the otc market as well?

Viktor kochetov:

We will migrate the database, hence all users that signed up in web version can use their credentials in mobile application, there is no rocket science behind this. Otc will be integral part of mobile application and its release will be very soon. In the future it will be cross platform with the possibility to open bank account with the proper iban, issue debit card , possibility of crypto fiat trading, crypto custody, crypto portfolio management and other services. Main important you will have consolidated balance – that’s why we are calling our project one stop shop 🤗

Andrés m. | satoshi club:

Great explanation. Btw, i read on your whitepaper about online banking, do you plan to implement any kind of debit/credit card for users?

Gold rocket | satoshi club:

I love that you are offering a consolidated solution on one platform! This is a sure way to success👏👏👏

Viktor kochetov:

Yes, i just mentioned about. We are planning to issue debit card linked to your multi balances (crypto and fiat)

Gold rocket | satoshi club:

Thanks for clarifying 😊 Let’s proceed to the last question of this part! If you don’t mind of course 😉

Mike:

Yes, we are ready ☺️

Andrés m. | satoshi club:

Q6 from telegram user @asela1112

It noticed me about a license that you got from Estonian financial intelligent unit. Firstly, i want to know about Estonian financial intelligent unit?

What is this license stands for? Will it directly reflect Kyrrex platform’s reputation in a better path? Will you be able to build a good image throughout the defi space by using this license? Please tell us, do you hope to obtain more license to increase Kyrrex reputation through the reliable collaboration like Estonian financial intelligent unit?

Mike:

Estonian company is one of the part of our holding

FIU regulate crypto activity in Estonia

Gold rocket | satoshi club:

As far as i know, in the Baltics, crypto is well regulated and there is quite loyal legislation, isn’t it?

Viktor kochetov:

Yes sure, we are on a final stage with Malta, parallel we are in process with USA, Singapore , India and turkey

Andrés m. | satoshi club:

That’s fascinating you care about those legal process, that will increase the confidence of the users

Mike:

Estonan legislation now more difficult than 2 years ago, and next year they will provide new requirements for crypto companies

And we are ready to pass them

Gold rocket | satoshi club:

I think you can handle everything🔥🔥🔥

Viktor kochetov:

It’s our main concern from the beginning

Andrés m. | satoshi club:

Well @vk1101 and @mike_Kyrrex we should recognize the big potential of Kyrrex, it has been a kind time learning about your innovative project. Now, is time to interact directly with the Satoshi clubbers, a ton of questions are coming for you when we open the chat 😁

Viktor kochetov:

We will do our best to respond as much as possible

Gold rocket | satoshi club:

Get ready for the most impressive part of our ama! Live questions🔥🔥🔥

PART 2.Questions about the Kyrrex project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Kyrrex crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @highpee

KYRREX BOT can be used for sending/depositing crypto, storing crypto, staking crypto and other functions. I started the bot and it created an account for me with a unique account ID. But I would like to know more about this bot. Can the account created on this BOT be linked with account opened from Kyrrex website? And since the bot can be used for depositing, storing and staking crypto, how are private keys of the assets kept in this bot protected and how secure can this bot be?

Mike:

We are in process to provide such solution – when TG Bot will be conected to your Kyrrex account
TG Bot has same core like an exchange, also has 2FA for withdrawals.

Q – 2 from a telegram user @Tahsinahmett

Do you think you have competitors in the same lane as Kyrrex? What is your most important competitive advantage? 

Viktor Kochetov:

As ecosystem we still don’t have competitors. Most of the projects provides us just a part of services.

Q – 3 from a telegram user @cindy0666

Do you provide lending services? Could you give information? Is there also copy trading on the Kyrrex platform?

Viktor Kochetov:

Shortly we will launch Shortlist program and multi account management

Q – 4 from a telegram user @Savitasapra3

Is there any requirement of Kyc on Kyrrex to comply with government regulations? If yes, then What kind of papers or documents do we have to provide?

Viktor Kochetov:

Based on origin of the clients you will be redirect to exact jurisdiction of our holding and you will be required to pass KYC.

Q – 5 from a telegram user @Phunsuk9999

After the Presale , What other plans have you made , IS STAKING PROGRAM Will be available , So that If I Buy the Token , I can earn a passive Income from Token?

Viktor Kochetov:

Yes , correct. You will be able to buy KRRX and make staking straight away.

Q – 6 from a telegram user @Pavel_Jarosh

Kyrrex states that their software solution allows customers to ensure complete overlap of transactions for any crypto asset, performs matching and balancing between accounts of all clients. In this sense please describe the main features and goals of Liquidity HUB? Is it created for business or individual account? Is it provided on top of your main services or should be bought additionally?

Mike:

Liquidity HUB integrated into our core – so any user will have deepest pool of liquidity at any moment
Also this technology can be used like software by institutionals

Q – 7 from a telegram user @Karry1999

$KRRX TOKEN , Where Can I buy it at a Most Affordable Cost , IS there any Presale Planned so that Many Users Like me Can Buy it Easily?

Viktor Kochetov:

You can buy it through our website Kyrrex.com or through our telegram bot @KRRX_bot

Q – 8 from a telegram user @messilolz

do you have any plan to hire more members in team and any ambassador programme available for raising awareness of your project in global level?

Viktor Kochetov:

Of course. The team is growing fast and we are looking to involve more and more. Ambassadors as well.

Q – 9 from a telegram user @Romanprisa

I Read In your Roadmap that in Q4 2021 ,
have planned for the BANKING , Can You please tell me The Main Role of the BANKING in the Ecosystem , Is it Centralized Or decentralized?

Mike:

Digital bank will alow clients to open Bank account with proper IBAN and debit card
It will be centralized structure.

Q -10 from a telegram user @highpee

You plan to incorporate banking services and you will partner with online banking services such as SWIFT, SEPA, VISA/MASTERCARD. Can you explain how you plan to deploy banking services for more than the 177 countries you plan to support, generate unique IBAN account number and as well as enable fiat-to-crypto and crypto-to-fiat transaction to users across these regions? How will users and institutions access these services?

Viktor Kochetov:

We are in a process with our EMI structure. Through this company you will be able to do the above mentioned services. Plus all this services will be available in our cross platform with consolidated balance in crypto.

 

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Kyrrex project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Kyrrex

Telegram group  | Instagram |  Tweeter  |  Website  |  Facebook | Reddit| LinkedInn

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 PlanetSandbox and our guest was @minh_planetsandbox – representative of PlanetSandbox. The AMA took place on the 29th of October.

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

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

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Greetings dear Satoshi Club ❤️!

We are pleased to announce AMA with PlanetSandbox.

Jonah 🏅🎹 | Satoshi Club:
Our guest today is @minh_planetsandbox

Hello welcome to Satoshi club.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Hello everyone!

Thank you @Jonahapagu for introducing and giving me the chance to this wonderful community.

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

How are you doing?😉

Jonah 🏅🎹 | Satoshi Club:
You are welcome.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
It’s quite busy but very great these days with me and my team.

Gold Rocket | Satoshi Club:
We are really excited about the upcoming AMA with you! please tell us a bit about yourself and a brief intro about the project please😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Sure @GoldRocket27

I’m Minh – CEO of PlanetSandbox project.

The project is a Game NFT base that has 2 tokens $PSB and $PULV.

Both of them are Binance Smart Chain-based.

Planet Sandbox is a game that combines building and real-time PvP game mode. Players can build their own worlds or join intense fighting mode using NFT weapons and accessories.

The project’s vision is to create a metaverse built and controlled by players. It can serve a wide variety of players. Not only to earn but also to enjoy the game.

Gold Rocket | Satoshi Club:
Yes today the metuniverse is a hot topic in crypto.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Yeah.

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

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Our team currently has 25 members offline and more than 30 workings if included remotely.
They are passionate developers who want to make great games for users. Leaders are more than 8 years of experience in the game industry and 2 years+ with blockchain.

Gold Rocket | Satoshi Club:
These are very beautiful and high-quality graphics!

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Our advisors are Thi from Icetea Lab, Eric from Exnetwork, and Larry from Basic Capital.

We are also having 25+ partner VCs, Media.

Gold Rocket | Satoshi Club:
Is your team anonymous?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Not, we are all public.

This is my portfolio.

https://minhnh.tech/

and LinkedIn

https://www.linkedin.com/in/hoangminhnguyen/

Checkout project VCs list here:

https://finance.yahoo.com/news/planet-sandbox-raises-1-5-144355547.html

Gold Rocket | Satoshi Club:
You are handsome 😍😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Haha, thanks.

Gold Rocket | Satoshi Club:
Real dream team🔥🔥🔥

Tell us about the benefits of PlanetSandbox. How is it different from others?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
The game will be an ecosystem with different types of players, but all will benefit.

First, take a look at our game economic system with different player roles:

First: You can be the Land Owner, build your own world, build a game mode for others to participate in, and profit according to the participation. Therefore, if you do well and are creative enough to attract players, you can make a huge and sustainable passive income.

Second: You can be a shop owner, selling consumables such as ammunition, gasoline, character skins, and lots more

Just own a shop NFT, and you will be shared profit with the whole system.

Third: If you already own a shop or land, you can run for a place in the Planet Council of Players. They are the people who will decide the general laws, taxes, and fees of all land.

The last: What if you have no initial investment, no problem, you can join the game as a warrior, participate in game modes, beat other opponents, and receive game incentives through the quest system, leaderboard, and loot box.

Gold Rocket | Satoshi Club:
I like that you think through every detail. such desalination is amazing🤩🤩🤩

Minh | CEO Planet Sandbox [Never DM First For Fund]:
If you’re not a gamer, you can enjoy the trading system with holder token $PSB, $PULV.

Staking them for interest.

Trade or hold NFTs item, which can be used in the game.

Like Land, Shop, Gun, Building…

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

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes, please.

Q1 from Telegram User @chinyere2020

According to your roadmap, “Sale NFT items”, “Token Starts Trading” and “Staking $PSB” will all take place in October 2021(which is this month). Have all these been launched already? If yes;
-Where and how can users buy NFT items? What is the least amount that an NFT item can be bought for?
–Where can users start trading your token now? Which exchange is your token listed on?
-What is the minimum time required for users to lock their $PSB tokens? Will the yield be fixed or it will depend on certain factors? What are the use cases/benefits of $PSB token?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Great question 😄

Too much text until now.

I want to share our trailer.

Relax and enjoy everyone.

https://www.youtube.com/watch?v=dlZf2Wmhn0M

While you’re seeing the trailer.

I will answer this one.

Jonah 🏅🎹 | Satoshi Club:
Wonderful.. 😍

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Token already IDO and also listed on Pancake Swap. You can trade and hold for now. I think it’s a good time, for now, the project will release much news in November

About Staking, the contract is ready, we’re finalizing the audit step. But I’m afraid the staking launch plan will be delayed to the very start of November until it’s all secured.

Gold Rocket | Satoshi Club:
Can’t stopwatch this promo😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
The Alpha version is playable but the dev team sees that version still things need to polish, so we keep working on it. The team will announce exactly the time to roll out soon.

In-game footage.

Gold Rocket | Satoshi Club:
We are looking forward to the launch and hope that you will share with us when it happens.🔥🔥🔥

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes sure.

Gold Rocket | Satoshi Club:
Thanks for your great answers

Ready to proceed to the next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes, please.

Q2 from Telegram User @Billz120

Planet Sandbox- you did say planet sandbox is a virtual world where players can play, build, own, and monetize their virtual experiences, empowers artists, creators, and players to build the platform they always envisioned, providing the means to unleash our creativity. I’m curious to know how exactly Planet Sandbox would enable players like myself to monetize my virtual experience? Could you please explain to me also how Planet Sandbox as a virtual World intends and how exactly it has provided the means to which to unleash our creativity under its ecosystem?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
As your question, I would start with the Land Owner role. Who created their world in a 3D environment and apply game rules to PvP mode. When the game economic structure is developed fully and ready for everyone. There will be mixed reality experiences coming in one by one in the ecosystem. There will be some plans that I can reveal for now. Like:

• The first personal shooter game experience with VR glass.
• Showing land and owned NFT items as AR on your phone camera.
• Replace your face on your 3D character in-game.

That’s some. Combining all of them into one big system needs time to plan and develop. Also hardware support. It’s should take all the time of the Planet Sandbox development team for the whole next year for the Game Metaverse experience
All of them are stick with $PSB, which is a DAO governance token, by renting features, game participant fees into Land.

Jonah 🏅🎹 | Satoshi Club:
Wow, Exciting features.. 👏

Talking about Hardware.. are you working on releasing your own hardware products?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
I’m not sure about that. there are many strong hardware companies for now and they do good on their side. We want to focus on software and based on them.

Jonah 🏅🎹 | Satoshi Club:
Great Thank you for your Answers…

Ready for the Next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes, please.

Q3 from Telegram User @UniqueVicky

I am particularly interested in the gameplay and building mode, one of the core function of planet sandbox is that it provides features where it empowers, artists, creators, builders, and players to build the platform they always envision, this platform provides the means for them to unleash their creative power and talent and even monetize them while playing, they are even provided a builder tool to customize every object in their inventory, and many more features. With such outstanding knowledge and talent, is it okay to conclude that players will most definitely need to acquire at least these skills in other to enjoy the full features of this game? How are they pre-mined? Since these skills are the most useful can we conclude that there are the rarest? What about players who do not have creating, building, or these artistic skills, how can they participate and benefit from your project, is there a provision for them?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
We do want to include a flexible system enough for the player to spread their creativity. But the build will support many game modes. Which can just be fighting as deathmatch or strategy like an impostor or last survival mode.

If you own land, you can pick whatever game mode and set the rule for your world. Planet Sandbox provides you with a tool for creativity but does not require it for a good income Land.

On the other hand, if you did not own land, you can earn tokens for free. Just act as the warrior role in our, place yourself in the leaderboard or get the reward from the quest, daily reward.

Gold Rocket | Satoshi Club:
Thanks for your answers😊 do you have any guides or instructions for beginners?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
If you’re not the gamer type. you can hold tokens, stake them for interest or trade our NFT item, which is used in the gameplay.

Gold Rocket | Satoshi Club:
I have a small gaming experience, but I would like to try 😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
For sure, for the in-game, we have a tutorial section.
For the other system, we made many articles to join our system on the channel
https://planetsandbox.medium.com/
https://twitter.com/planetsandbox

Jonah 🏅🎹 | Satoshi Club:
Earning a token for free sounds nice.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Always welcome 😄

Jonah 🏅🎹 | Satoshi Club:
What will be the requirements for the warrior role to earn for free?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
There is a very important requirement.

It’s your time.

Just spend it with us.

Jonah 🏅🎹 | Satoshi Club:
Awesome… Time =Token in this case 😁

Gold Rocket | Satoshi Club:
Yes, it is an invaluable resource today😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Haha, correct.

Gold Rocket | Satoshi Club:
Thanks for clarifying.

Let’s proceed to the next question🚀

Q4 from Telegram user @victorogb

A look at your economic model as it relates to platform tokens and token utilities, states that PlanetSandbox will adopt a dual token structure with $PSB being the major platform token with a max supply of 100 Million, and $PULV acting as an inflationary in-game reward token. Been that $PULV will be fully functioning as an inflationary token with no maximum supply, should players be worried about the value and liquidity of their $PULV tokens and assets? How can players exchange their $PULV for the more tradable $PSB? Since both tokens allow players to participate in the DAO, may we know the minimum token requirements for this?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Planet Sandbox team understands your worries. many games are facing this issue for now, so that, we design the system which has auto burn included in the smart contract. You can see the economic system again.

There will be a certain quantity of token burn aside mint action. both of them work together to keep the token prices stable.

Gold Rocket | Satoshi Club:
Thanks for your answers.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Moreover, we do have a buyback event that burns $PULV or NFT items which out of game meta and have no value in the future.

To be clear, only $PSB is DAO governance token, $PULV is in-game token support game economic. both of them are token and tradable on the exchange, so don’t worry about their liquidity. They can be exchanged for any other coin or fiat money.

Gold Rocket | Satoshi Club:
Please tell us about your tokenomics?

Jonah 🏅🎹 | Satoshi Club:
What Fiat currencies do you currently support?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
I mean they can exchange or trade P2P on the Binance or another hub.

Jonah 🏅🎹 | Satoshi Club:
Oh. I get it

Minh | CEO Planet Sandbox [Never DM First For Fund]:
https://drive.google.com/file/d/1231HjfdpF0Ep1niBj8KNagWzkMR7txHS/view

Here we go.

Jonah 🏅🎹 | Satoshi Club:
Thank you for sharing.

Gold Rocket | Satoshi Club:
Thanks for sharing! Ready to proceed to the next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Sure.

Let’s go 😄

Q5 from Telegram User @Cheriemike

Sandbox owners can customize their land with limitless building items and design game modes for others to join and play. The land will become a business where players can sell or earn passive income through the marketplace. Can you tell us the various possibilities given to owners to build on diverse sceneries and landscapes? You also said the game will include other planetary environments like the Moon and Mars. Does that mean you will introduce VR/AR in these particular games? And what will be featured in it? Kindly share more details on that Thanks.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
About the “diverse sceneries and landscape” question, There is a certain quantity of land that will be sold on the marketplace with 5 different scenery is Grass, Desert, Mountain, Toxic wasteland, Arctic. (they are now having their own name after our Naming Contest 😄 community are really smart).

Each released land will be having a unique landscape and terrain. Also, the build tool gives you both default build items from a developer and NFT items from the marketplace. So you can build anything by yourself!!

Check out our web showcase here
https://play.planetsandbox.io/

You can experience mountain land, for now,

All other environment is rolling out….

Other planetary environments mean different scenery and atmosphere.

Jonah 🏅🎹 | Satoshi Club:
Apart from these 5 is there the possibility of having more Land types?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Like landscape, gravity, heat, mist…

Pretty sure is yes. even other plan lands.

Remember our name: Planet Sandbox.

Jonah 🏅🎹 | Satoshi Club:
Yeah.. a planet of many lands 😊

Minh | CEO Planet Sandbox [Never DM First For Fund]:
The VR/AR is not in a particular game, they are in the game’s eco-system.

Support player experience, as I answered in before question 😄

All the world in your hand!!

Gold Rocket | Satoshi Club:
Yeah… The world is mine😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Did you see our character before? just want to show you one of them.

From concept.

To 3D model.

Gold Rocket | Satoshi Club:
Did it seem to me, or does he look like you? 😁

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Haha, maybe.

Except for 6 packs.

Jonah 🏅🎹 | Satoshi Club:
😂

Thank you for your Answers…

Ready for the Last Question from this part?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
I’m ready.

Q6 from Telegram User @KathDM

Just a few days ago Planet Sandbox announced the PSB Staking Program, which offers a high APR of up to 32.46%. How much is the minimum time for which we can stake? Can we choose to unstake at any time? Once we unstake, how long will it take to receive our tokens? Do we have to pay a fee if we decide to unstake before the specified time? What benefits do users who stake the PSB token receive?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
There are 4 staking pools, each has a different committed staking duration: 15 days, 90 days, 180 days, and 365 days.

The APR, minimum & maximum staking limit per user and pool cap of each pool is also different. Please refer to this table for details:

Gold Rocket | Satoshi Club:
What pool will you use?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes, members can unstake anytime. However, if you unstake in advance, only the principal amount will be returned to your account and you will not be able to redeem your interest, as well as the early-birds prize if applicable.

I believe in my long-term plan for the project. If joined, I would pick the longest one haha.

Gold Rocket | Satoshi Club:
I support the idea😁🔥

Jonah 🏅🎹 | Satoshi Club:
So patience is the Key here

Gold Rocket | Satoshi Club:
And now, if you want, you can share useful links to your social networks before the open chat with our community

Minh | CEO Planet Sandbox [Never DM First For Fund]:
There are three benefits of joining our staking program:
1/ First merit is the very attractive APR (annual percentage rate). The longer you stake, the higher the interest rate you are eligible for. Instead of letting your $PSB sit there ineffectively, you can utilize them to stake with us to earn even more $PSB.
2/ Secondly, the whitelist for the Alpha test program is another perk of staking. Even though this advantage is not available for pool 15 days, for pool 90 days you only need to stake at least 2000 $PSB to be eligible for the whitelist of Alpha test. For pool 180 days and pool 356 days, the whitelist is automatically distributed to stakers of these pools.
3/ Last but not least, we also have incentives for early birds. For the first 10 stakers of each pool, we will reward them 50 $PSB each. This amount will be added to the total amount to be unstacked at the end of the pool’s duration.

I agreed.

Checkout our official channel here:
https://planetsandbox.io/
https://planetsandbox.medium.com/
https://discord.gg/zwpC6EAatV
https://twitter.com/planetsandbox
https://t.me/planetsandbox
https://t.me/planetsandbox_ann

Gold Rocket | Satoshi Club:
⚡️ UPDATE: Final stage and preparing for launching ✨
Loading 95%
███████▒▒▒

🪐 Gameplay
You – a warrior, with other players holding melee weapons and exploring around to find loot boxes to open weapons. You can use that weapon against players in the area.
Note that loot boxes only appear in the game test. In the official version, you can buy the NFT weapon you like to fight and earn.

Stay tuned for more updates! 🔥

🗝 (https://twitter.com/PlanetSandbox/status/1454011748080443399) PSB’s Tweet
(https://twitter.com/PlanetSandbox/status/1454011748080443399)__

🪐 PLANETSANDBOX 🪐 –
LET’S BUILD, PLAY, EARN TOGETHER ! 🤝

👉🏻 Follow all our channels :
💎 Website (https://planetsandbox.io/) 💎 Medium (https://planetsandbox.medium.com/)
💎 Youtube (https://bit.ly/3DId2KI) 💎 Discord (https://discord.gg/zwpC6EAatV)
💎 Twitter (https://twitter.com/planetsandbox) 💎 Telegram (https://t.me/planetsandbox)
💎 Announcement (https://t.me/planetsandbox_ann)
💎 Whitepaper (https://docsend.com/view/wm76umky6wbzqwmx)

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Thank you 😄

Gold Rocket | Satoshi Club:
Can I leave this here too? @minh_planetsandbox

Thanks a lot for this amazing first part of AMA. I am impressed😍🔥👏

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Kushal85127939
How can I purchase other person’s creations of NFTs in form of accessories, weapons, fighters, etc which can be used in planet sandbox games? Do I have to go to the third part marketplace or do you guys have set up your own for this purpose?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Yes, you can, currently, we will collab with others marketplace to trade the NFT. The first NFT sale will contain a very exclusive weapon which never sale ever again.

Q2 from Telegram user @Rakshhitx5
I feel the next trend will be Metaverse as Facebook has also entered. So Planetbox has Big opportunity to rock the stage. So what are you expecting what will be the future of Metaverse? Please share your thoughts on the future of Metaverse.

Minh | CEO Planet Sandbox [Never DM First For Fund]:
People do not really understand the metaverse term yet even it’s very famous.

Because they don’t have a chance to experience the metaverse feature right now, or any software support enough.

We do want to be one of the first platforms to provide the reality function.

Q3 from Telegram user @m_ahdh_i
Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Sure, we do have an auto burn system but will be manually burning events. Not only token but also the NFTs item which out of game meta and less value.

The first sales are exclusive and never happen again.

Q4 from Telegram user @Orlemys
On PlanetSandbox we can be “Real-Time Shooters”. But as we know, blockchain games can still be very slow and lag a lot. How do you ensure a smooth gaming experience? Also, is there a social model? Can we chat with other players in real-time? Can we have teams, and battle real people?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Don’t worry about that, the slowdown only happens when your transaction the token. in-game play, there is no transaction happen. Only in the battle result.
There will be chat text and voice.

Q5 from Telegram user @Phunsuk9999
In November month, You have planned to Release the NFT Marketplace, May I Know More About the NFT MARKETPLACE and What will be the Key features of this MARKETPLACE?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
It’s 3rd marketplace. They are popular and easy to use with users.
The mystery boxes are the main item for this sale.

Q6 from Telegram user @csgonub
I want to invest PlanetSandbox project in the near future but I don’t know which wallets do you support?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
It’s BSC and you can swap now on Pancake Swap.

Q7 from Telegram user @Gemshunter22
You have Dual tokens $PSB and $PULV. Can you tell me more about its use case and what is the best to buy and hold?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
$PSB is governance token, also Stake program and buy NFT

On the other hand, $PULV is an in-game token.

Q8 from Telegram user @highpee
I read of your ALPHA TEST and that you will have two game mode which is BUILDER MODE and SURVIVAL MODE. Can you give a preview of these two game modes? How will members and anxious players be able to get whitelisted to try out your game features at this ALPHA STAGE?

Minh | CEO Planet Sandbox [Never DM First For Fund]:
Staking $PSB will be the easy ticket for whitelist in the game alpha.

There will be 3 leaderboards and a reward pool for each role (land owner, warrior) when you enjoin the game.

Q9 from Telegram user @barisbektas1

Minh | CEO Planet Sandbox [Never DM First For Fund]:
We do have a leader board for the player contests with each other, each time leaderboard consumes, the top player will get a special reward like NFT or a certain quantity of tokens.
Other than that, game inventive is giving out throw daily login, quest, achievement…

Let’s wait.

PvE mode will support the team up to fight the NPC boss.

Otherwise, PvP let you fight other players.

Part 3 – Quiz Results

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

Our partners
PlanetSandBox Telegram community: https://t.me/planetsandbox
Twitter: https://twitter.com/planetsandbox
Website: https://planetsandbox.io

We are pleased to announce our next AMA on November 5th 2021 at 01:00 PM UTC Time: Satoshi Club x ASPO World

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join ASPO World Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. ASPO World Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about ASPO World

For more details:
ASPO World Website – aspo.world
ASPO World Telegram – @ASPOWorldCommunityOfficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 4th 2021 at 01:00 PM UTC Time: Satoshi Club x TEN Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join TEN Finance Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. TEN Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about TEN Finance

For more details:
TEN Finance Website – ten.finance
TEN Finance Telegram – @tenfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 19th 2021 at 03:00 PM UTC Time: Satoshi Club x HODL Valley

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HODL Valley Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. HODL Valley Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about HODL Valley

For more details:
HODL Valley Website – hodlvalley.com
HODL Valley Telegram – @hodlvalley
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 2nd 2021 at 01:00 PM UTC Time: Satoshi Club x OneRare

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join OneRare Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. OneRare Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about OneRare

For more details:
OneRare Website – onerare.io
OneRare Telegram – @onerarenft
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 Infinite Launch and our guests were @mylovo90, and @Joyce_Nguyen000 – representatives of Infinite Launch. The AMA took place on the 29th of October.

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

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Infinite Launch! Welcome to Satoshi Club😀

D. | Satoshi Club:
Today our guests – @mylovo90 and @Joyce_Nguyen000!

Hello and welcome!

Joyce:
Hello everyone.

Great to be here with you guys today.

Mary | Satoshi Club:
And we are happy to see you here as well 👍

How are you today?😀

Joyce:
Can’t be better. So excited for our AMA.

D. | Satoshi Club:
Nice! so let’s begin then 😇

Mary | Satoshi Club:
Then let’s start it🚀

Joyce:
Let’s roll.

Mary | Satoshi Club:
Could you please introduce yourself and tell us more about Infinite Launch 🚀

Bang Mai:
Hello, everyone, I and @Joyce will join you guys today.

Joyce:
I’m Joyce: a passionate community builder with 2 years of experience in the crypto field. Throughout my crypto journey, I take the responsibility of community building and management for a variety of multinational blockchain projects. With Infinite Launch, I will rocket our community to infinity and beyond!

Mary | Satoshi Club:
Awesome, community plays important role in project’s success 👏

Bang Mai:
Hello everyone! My name’s Bang. I am in charge of the marketing & growth hacking department at Infinite Launch.

I’m very glad to be here today and share with you guys some special news about our project

Mary | Satoshi Club:
Happy to e-meet you! Really important and one of the key positions👍

Bang Mai:
Infinite Launch is a launchpad combined with NFT Platform, providing quality projects including Defi and Gamefi, some key features of Infinite Launch can be mentioned as:

1. Tier System helps holders get different benefits such as early access to good projects launched on Infinite Launch or free NFT airdrop
2. Farm and Staking receive ILA and NFTs for Holders
3. Join Gamefi games or NFT project directly developed by Infinite launch’s team
4. Trading NFTs on our NFT Marketplace

In particular, Infinite Launch develops based on 2 factors

1. Onboard new quality IDO project
2. NFT market place

Therefore, Infinite Launch’s revenue is not dependent on the project. There is also revenue from trading NFT. Owning Infinite Launch’s NFT will receive benefits such as:

• Get early access to projects IDO on Infinite Launch
• Bonus %APR when staked $ILA token on IFL platform
• NFT/artwork airdrop
• Exclusive tokens airdrop

About artist on Infinite launch, now we not only approaches famous artists but also some non-NFT famous artists who haven’t known about NFT before, this strategy will make our NFT marketplace become more diverse and can attract both crypto & non-crypto users.

Mary | Satoshi Club:
Could you tell us more about the team behind Infinite Launch project? How long were you working on it?

Bang Mai:
Yes sure.

In short, Infinite Launch is a multi-chain launchpad plus NFT Creators marketplace. And currently, focus on game-fi and NFT metaverse projects. Secured by smart contracts and powered by the ILA token.

Our project covers a variety of products, and the team is growing up day by day. Our team is currently divided into 2 main departments:

• Dev & Chain: 7 members, who have been spending their recent years building DeFi products, from diverse backgrounds. As the project progresses, team expansion is a MUST, to make sure we can keep up with the usage and ensure the best users’ experience.
• Growth team: 7 members, including 1 growth lead & 1 social team. We allocated 4 members to take care of the community, cause members are the heart of our operation.
• Our Founder/CEO is David Nguyen, who has 12 years of experience in software development & 8 years in Blockchain Engineering. He has successfully built Incognito Privacy Blockchain from scratch to a private network with the most validators all around the world.

You can check our team profile on the website of Infinite Launch: https://infinitelaunch.io/

D. | Satoshi Club:
Awesome! thank you 🙏

Mary | Satoshi Club:
Sure😀 Thank you! Big and experienced team!

And as we all want to dive deeper into the details of Infinite Launch we choose 6 questions from our community for the first part of our AMA 😀

Are you ready to start?

Joyce:
Yeah sure. Feel free to drop those on us.

Q1 from Telegram user @Asela1112
ILA whitelist was closed on 23rd of October by providing 400 whitelist slots for the community members for their early support in Infinite launch platform to participate in an upcoming private sale by the start of November month & maximum allocation per one member is 300 BUSD. How was this whitelist slot competition ongoing, was it successful? Did you select the members according to the First come, First serve method? And also provide necessary details of Your upcoming Private sale? Who will be there in addition to 400 lucky members? How much funds do you hope to raise through this private sale?

Bang Mai:
Our $ILA token private sale just finish the whitelisting phase and will be conducted on 5th November, then will be public sale and listing later, we expect to list our $ILA token on exchange from the third week of November

During the private sale period, we have achieved many precious milestones such as:

• We received above 12000 form registrations to join the private sale whitelist
• Our community is growing bigger day by day with 42k+ twitter members, 47k+ telegram members, 26k+ discord members up to now
• We are planning a big marketing campaign with a lot of Youtubers and Artists around the world to prepare for the launch of the NFT collection this 31st October and public sale later

Honestly, fundraising is not our main goal for this private sale, because we already have a lot of VCs & big Influencers support the funds, but we want to focus on the key objective: to give these 400 private sale slots to those community members who support us since the start.

And like the previous private sale round, the public sale this time we will give priority slot for some key active members first and then will choose random through applications on our website. Specific instructions for this public sale will be announced soon.

D. | Satoshi Club:
Are you collecting funds in BUSD, that’s mean your platform is operating on BSC? can you tell the reasons, why you picked this chain for building?

Bang Mai:
Yes.

We choose BSC first for our project because

• Low gas fee
• Fast transaction time
• Compatibility with popular crypto wallets, such as Trust Wallet and MetaMask so that we easy approach the majority of users

In Q4 2021 we will integrate more blockchain networks including Polkadot, Matic, Solana và Avax. Therefore, we can approach more investors and potential projects to help them catch the trends and also help Infinite launch grow up more together.

Mary | Satoshi Club:
👍

D. | Satoshi Club:
Nice! so more chain integrations are just around the corner 👍

Bang Mai:
And as you can see yesterday we have a new website, and we have already finished integration Ethereum chain.

And more chains will be deployed soon

👍

Mary | Satoshi Club:
Thank you for your answers! Ready to proceed?🚀

Bang Mai:
Yah.

D. | Satoshi Club:
Let’s go!🚀

Q2 from Telegram user @chinyere2020
I learned that Infinite Launch is a launchpad combined with NFT platform, providing quality projects including DeFi and Gamefi. What are some of the key features of Infinite Launch? What are the advantages of using Infinite Launch over other launchpads or NFT marketplace?

Joyce:
Infinite Launch is a launchpad combined with NFT Platform, providing quality projects including Defi and Gamefi, some key features of Infinite Launch can be mentioned as:

1. Tier System helps holders get different benefits such as early access to good projects launched on Infinite Launch or free NFT airdrop
2. Farm and Staking receive token and NFTs for Holders
3. Join Gamefi games or NFT project directly developed by Infinite launch’s team in the future
4. Trading NFTs on our NFT Marketplace
5. We give more use cases to our NFTs, make it more than just a jpeg

Mary | Satoshi Club:
Which use cases will your NFTs have?

D. | Satoshi Club:
If some project wants to conduct a launch on your platform, what steps should the project’s team make to work with you?

Joyce:
Owning Infinite Launch’s NFT you will receive benefits such as:

• Get early access to projects IDO on Infinite Launch
• Bonus %APR when staked $ILA token on IFL platform
• NFT/artwork airdrop
• Exclusive tokens airdrop

Mary | Satoshi Club:
Wow, it’s attractive 😃

Joyce:
Well we have our own There are many factors we use to onboard projects, 2 of which we believe are much more important:

1/ If the team has a solid team behind, with transparent background & searchable on social networks.
2/ If the team has a real working product behind or just some vague plan far into the future.

If they satisfy either of the above, they are good to go. As for other factors such as Tokenomics, roadmap, we can advise & support them to make sure they are solid before listing on Infinite Launch.

D. | Satoshi Club:
Got it! appreciate for answer😊 ready for the next question?

Mary | Satoshi Club:
👀

Joyce:
In the upcoming future, we will have voting & governance functions. Those features will grant our community the right to vote for the projects they want to onboard on our platform. Moreover, we will also have our nominee lists to let the community pick and decide which project is better or not.

D. | Satoshi Club:
It would be a cool feature.

Joyce:
Stay tuned and keep yourselves updated everyone. A lot to expect from us.

Bang Mai:
👌

D. | Satoshi Club:
Thanks for answers! let’s proceed to the next question😊

Q3 from Telegram user @Cheriemike
In your former platform IDO Launcher, you aimed to provide Fixed Swap Pools in your Launchpad for the community. My question is, does this feature still apply to your present launchpad? If yes, why use a fixed swap pool, and what problem will it solve on your launchpad? With fixed swap pools can projects set additional parameters to gain more control over their fundraising, like controlling the maximum investment per user or the number of investors allowed in the pool? And what are the benefits of a fixed swap? Thanks.

Joyce:
Yes. We still apply this feature in our present launchpad.

The reason to choose Fixed Swap Pool is that we can ensure flexibility in creating different pools to meet the various needs of different investors. This function will guarantee benefits for all investors who can access the pool.

Control the maximum investment per user or the number of investors allowed in the pool also benefits our project in the long run, this helps us decentralize the numbers of holders, which means there will be no holder who has a large number of tokens and has control over the pricing of $ILA.

Mary | Satoshi Club:
How users can get access to this pool?

D. | Satoshi Club:
Nice! anti-whale mechanism 👀

Bang Mai:
we not only just have a fixed swap pool, but more unique pools will also come in the near future, which will benefit NFT holders on our platform.

Joyce:
That completely depends on the projects and the pool as well. There will be public pools, private pools, and also pools that users need to be whitelisted in order to join the IDO.

Mary | Satoshi Club:
Gotcha 👍

Thank you for your answers! Ready to go to the next question?😃

Bang Mai:
Yes.

Joyce:
Sure thing.

D. | Satoshi Club:
🚀🚀🚀

Q4 from Telegram user @Pavel_Jarosh
Please share details regarding the Infinite NFT program. What is the heart of your NFTs? What additional advantages does NFT Whale Club bring to its members? At what stage is NFT marketplace development initiative? Please also talk about monthly NFT distributions from leading artists. Thank you!

Joyce:
The heart of our NFTs comes from two things:

• Our platform focus on partners with famous traditional artists who are not yet familiar with NFT and supports them to list their artworks. To reach out to their community and convert them to NFTs enthusiasts.

• Owning NFTs on Infinite Launch does not limit holders on selling or buying NFTs on the marketplace only. NFTs holders can have lucky tickets to join IDO for upcoming projects listed on our platform.

Mary | Satoshi Club:
Nice trick🤣 more mass adoption)

D. | Satoshi Club:
Infinite Launch has its own NFT collection already?

Joyce:
Actually, we do😉

D. | Satoshi Club:
Can you share with us, how are they look like? 😊

Joyce:
🎃 On this 31st October We will launch our first NFTs collection – Bony Bastards on Halloween.

🎃 Be a part of the Bony Bastard, you can have many benefits:

• Get early access to 3 upcoming projects IDO in November on our platform
• Bonus %APR when staked $ILA token on Infinite Launch
• Holders of Bony will get free tokens & merchandise airdrop from our partners and our treasury funds

So don’t miss it & make sure you follow our community here:

https://infinitelaunch.io/nfts/collections/skeletons

D. | Satoshi Club:
Awesome! nice skeletons 🙌

Bang Mai:
Users also can create their proposal about their own NFTs project, mint & sell them on our platform later as long as they get more than 50% agreement votes from members of our NFT Whale Club

We also have Henry Van in our team, he has a lot of experience in Celebrity and influencers, he worked in the Warner Music group and has a good connection with many big famous artists all over the world like Charlie Puth, Justin Beiber, Dua Lipa, and in Vietnam we have Binz, Suboi, ….and many more, so that our team believes that we will soon onboard many big artists to deliver the best NFTs project to the community.

Mary | Satoshi Club:
Ahaha, I like your sceletons😍😍😍

Joyce:
Well, let me give you a sneak peek of what we’re doing.

Mary | Satoshi Club:
Satoshiclubbers, nice opportunity 😉

Thank you for your answers! Ready to jump to the next question?🚀

Joyce:

Yup. Let’s move on.

D. | Satoshi Club:
A nice present to Halloween for all NFT lovers 👏

Q5 from Telegram user @Jamesxmen
In near future, You will integrate a stake & farming pool in a way of a lot of currencies can be invested as user’s preferable such as BNB, SHIB, DOGE, XRP, etc… So can you tell me how many currencies will you deploy in Staking & Farming pools? Will there be single assets staking or Pair assets staking? How about the APRs of those staking & farming protocols? Some projects promise that the users will be able to unstake their investment at any time but after users invest their money, they will lock them & the transparency will drop down to zero by creating an uncertain situation in the user’s mind. Will users be able to unstake their investment any time in your staking & farming pools?

Joyce:
Our platform will offer both single assets staking and pair assets staking. There are 3 ways to stake:

• Stake ILA-BNB LP to earn $ILA.
• Stake NFT to earn $ILA
• Stake $ILA to earn others Gamefi token

D. | Satoshi Club:
How people will be able to earn tokens by staking NFT, could you elaborate more about this? there will be different NFTs with different yield power?

Bang Mai:
There will be many types of pools. Some pools will enable you to unstake anytime without losing your earn. Some pools will not allow unstake at any time as we need to control the commitment as well as guarantee to upgrade tier when staking. We will highlight the rule when staking in each pool to ensure transparency. Hence, we encourage users to read the rule carefully before making any decisions.

Mary | Satoshi Club:
When approximately these pools will go live?

Joyce:
For the rewards in Staking and Farming pools, we will be using some other trendy tokens. At that time, we and our projects partners will be able to receive the best marketing benefits . Imagine you can stake ILA to earn SOL or earn SHIB, it will give superb marketing effect for the project

D. | Satoshi Club:
That’s right.

Bang Mai:
Yes we will launch NFT staking function in November

Mary | Satoshi Club:
Thank you for your answers! Ready for the 6th and last question from this part?🔥

Bang Mai:
And different NFTs will give different yield power, based on the rewards pool that comes from the sale funds of each project. For Skeleton Bony Bastard Collection, we will have 70% of our sales will directly go to the treasury: a part of them will be used to buy back & burn the main token $ILA in the future, and the rest will be used to bring more NFTs drop & rewards in token yield back to Bony Bastards Holders.

30% will be paid for artist, operation & marketing funds

You could check it from our smart contract when we finish the sale!

D. | Satoshi Club:
Nice, i like it 🙌

Q6 from Telegram User @victorogb
The Infinite Launch roadmap outlines an expected Public sale and listing on Pancakeswap, Coinmarketcap, Coingecko, Blockfolio, and a host of other sites, all within this quarter of 2021. These plans aptly signify an official launch of your token, products, and services to the public. On the heels of this info., can you let us in on the current situation with these plans, what is the state of your applications to these sites, and what dates should we expect possible announcements for listings? Also, I noticed a planned implementation of KYC tools and Liquidity locker in Q1 2022. Can you give a brief description of this, how would it be beneficial?

Joyce:
Up until now, we have achieved so much along the way, we proudly say that all of our milestones have been conquered much faster than the expectation, even than what is listed on our roadmap. That was because of the team’s hard work and of course, the love and support of our community as well.

D. | Satoshi Club:
Thank you guys for the great first part of this AMA! 🙌

Mary | Satoshi Club:
Thank you for this first part guys! Now we came close to the next – live part of our AMA 🚀

Joyce:
As Mr.Bang @maibang2022 mentioned above, we’re going to list our project in DEX exchanges around the third week of November. For that reason, we’re now doing our best to push our marketing intensively in this time period. There’s no doubt that our very first NFT project – Bony Bastard – will be a giant BOMB on 31st and the success of Infinite Launch IDO is completely ensured.

About KYC functions, our team is working as hard as they can to make sure that we can deliver it this month. This means 3 months earlier compared to our roadmap.

And yeah along with the newest version of our website, all the information included roadmap will be updated as well.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Ratash97
You said that everybody has a chance to join accordingly based on their tier what is the difference between these tiers and are there any requirements to be on the highest one?

Joyce:
Different tiers mean different amounts of ILAs a user holds.

The more you stake our ILAs, the better benefit you receive from us – that’s for sure. You can visit our website to have a clear picture about the distinguishing among those tiers. And we’re gonna also publish our medium article to guide our users through this.

Q2 from Telegram user @nitrogenpower
Could you please give me a reason to buy and hold Infinite Launch token while thinking of it as a long-term investment and convince me to hold it for a long time?

Bang Mai:
We already plan many ideas for increasing $ILA value

First, $ILA token supply is fixed from the beginning, no more will be mint in the future
Second, In every transaction, 1% will be burnt and 2% will be added to NFT reward pools, which will be rewarded back to our NFT holders
Third, the funds from NFT collection sale will be used to buy back & burn $ILA in the future, example 70% of funds from Skeleton Collection will be given benefits back to the community

We already lock up & vest 10% – 30% at TGE in seed sales and private sales accordingly to reduce the selling pressure while we continue to build & enhance our token utilities, to benefit our investors the most in long term.

In long term, when we have more projects, holders must hold more token to join our IDOs, price is likely going up because our token supply decreases due to token burn, while benefits and value delivered for holders will always increase because we bring more quality projects, better quality NFT collections to users.

Q3 from Telegram user @highpee
You have announced the BONY BASTARD HALLOWEEN event that is expected to take place on the 31st of October. How can we be part of this Bony Halloween event? Have you released the procedure? Do you have any event links and are there forms to fill?

Joyce:
To be part of this Bony Halloween event, you can wait for the sales of this NFTs collection to happen on 31st October.

The procedure is as follow:

• There will be 8,888 unique NFTs created from 52 different traits.
• Bony Bastards NFTs will be sold on a first-come-first-served basis.
• Each NFT will cost 0.1 BNB per mint. Each wallet address can hold up to a max of 10 NFTs.
• Each Bony Bastards NFT will represent one lucky draw ticket to join IDO of top-notch projects listed on Infinite Launch, offer higher APR for staking, receive future NFT drops & more.

You can visit our website to find out more: https://infinitelaunch.io/nfts/collections/skeletons

Q4 from Telegram user @doithay1617
Fair & Square is one of the outstanding features of Infinite Launch. So will it rely on FCFS or Tier to decide?

Joyce:
All the IDOs will be organized based on the First Come First Serve basis and absolutely the tier of each individual.

However, we always strive to deliver the best fairest playground for our community. You can expect to know about all the details on our upcoming Medium article.

Q5 from Telegram user @highpee
Your platform will serve as a multi-chain launchpad plus NFT CREATORS MARKETPLACE. Does it mean that you will have the features that artists can use to mint their own NFTs directly on your platform or you are going to serve as a platform that artists can use to sell NFT to fans?

Joyce:
Actually, we have both of those features.

Not only do we onboard and help notable traditional artists to publish and sell their NFTs, but we also possess features so everyone can list and mint their art directly, proactively on our NFT marketplace, just like OpenSea and Rarible.

Q6 from Telegram user @Karoceh
You mentioned approaching non-NFT famous artists. Do you have certain standards regarding the famous artist category? And can artists from any country be included?

Joyce:
There are 2 most important criteria we use for onboarding artists:

• Artwork quality
• Community size

Besides we also target artists with great stories to share, from any country in the world.

Q7 from Telegram user @Kabirkapoor9
How many official Infinite launch NFTs are in circulation for trading purposes? Can we purchase them through the secondary market or only from your specified source?

Bang Mai:
Currently, there will be 8,888 NFTs, which will be launched under the name Bony Bastards collection on 31st Oct. After the launch of 1st collection, our NFT marketplace will be available on the 1st week of November.

Then, you can trade it freely on this marketplace. But many people will hold it to join our 3 upcoming gamefi IDO. You can find more about this collection here: https://infinitelaunch.io/nfts/collections/skeletons

Moreover, there are some giveaway events to receive NFT drop from famous artists around the world. Following our social media channel to join the event.

Q8 from Telegram user @ItsMelissa3
You mention that the listed NFT projects will be hand-picked by your board of members. This is very important. How many people currently make up the board of members? How were the members of the board of members selected? What aspects are evaluated to select the NFT projects? How does Infinite launch ensure that the selected project has real investment potential for its community members?

Joyce:
We have really high caliber core team members who have years of working, expertizing in Crypto Space. With their experience and profession, we believe that they can assure the most reliable assessment.

Furthermore, we also work closely with advisors from the biggest NFT platforms in the world. Our partnership announcement will be published real soon to our community. Keep yourselves, updated guys, since you don’t want to miss this news.

Your concern about the quality of the projects is completely understandable. In our belief, our community has its own judgment about the hidden gems that will be listed on Infinite Launch, and to be honest no one is 100% sure about how much a project can succeed. But as far as we can do, we will strive our best in terms of marketing and partnership so our members can get their hands to the most potential gems in the market.

Q9 from Telegram user @cenkkargin0666
What are you doing to build trust in your project and protect your community? Have you done an AUDIT or do you have an AUDIT plan? Is your team experienced in security, can they contribute to your project in security?

Bang Mai:
Currently, our team is conducting an audit of our new smart contract with a legit audit partner and will be announcing it before the private sale.

Of course, I know that no project is perfect and the smart contract is always updated in phases, so at every release stage of important products, we will conduct another audit before pushing it live to the community.

Q10 from Telegram user @Asela1112
In which manner will the ownership & royalty be involved when trading NFTs in Infinite Launch platform? Will there be copy-right issues if someone copied & imitated others’ artworks?

Joyce:
At this moment, with our very first NFT projects – Bony Bastard, besides 8888 NFT Skeleton, all the arts from our artists will be verified and minted in Bony Bastard’s contract. That will ensure those pieces of gems are completely official and each NFT will be 100% one of a kind.

In the long term, we will release a function that will allow artists to make their own profile and set the loyalty for their own collections.

Part 3 – Quiz Results

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

Our partners
Infinite Launch Telegram community: https://t.me/InfiniteLaunch
Twitter: https://twitter.com/InfiniteLaunch
Website: https://infinitelaunch.io