We are pleased to announce our next AMA on October 11th 2021 at 01:00 PM UTC Time: Satoshi Club x GooseFX
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join GooseFX Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. GooseFX Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about GooseFX
For more details:
GooseFX Website – goosefx.io
GooseFX Telegram – @goosefx
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
GooseFX (The GFX Vision) – On financial Freedom Globally, we understand your long term vision is to provide financial freedom and equal market access to users around the world ; with the the believe that decentralized finance protocols and products will overtake their centralized counterparts in the next 5+ years and intend for GFX (GooseFX) to be the premier destination. Now could please tell us who are curious about GFX Vision on the blockchain how you intend to provide financial freedom to users? What are the programs you have in stock for users in your ecosystem like in others wherein it may be a gameFi, P2P, etc? How is the structure of your Tokenomics? PL tell us
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(1) Goose Nest Marketplace: My favourite feature needs to be the marketplace! Who will be your technical partner for Synthetic NFTs and will you be able to track both Solana and Ethereum NFTs?
(2) Tokenized Stocks Portal: I also really love this feature. Could you tell us who your technical KYC partner will be and give us an insight how the onboarding process might look like?
(3) GFX Charity Initiavtive: Awesome that you state that its your responsibility to make a long term commitment to giving back. Will we as users be able to vote with GFX NFTs / tokes which charitable causes we would like to support?
Who are the key stakeholders? Who’s the owner/sponsor? Who influences but doesn’t own? Who has the potential to be an obstacle?
Passing through GooseFX litepaper, we can notice that there are many regulatory terms and wording that in final way leads the goal to protect the project/team from any responsibility in case the it is unsuccessfull. It makes reference to Impermanent Loss, Uncertain Regulations and Enforcement Actions, Failure to develop or Security weaknesses. Please let us know who the future investors are protected in this case? Are their interests and money fall under the same regulation guide?
With the tremendous success of some NFT projects early on, many users have become priced out of owning an entire piece of certain collections. Whether it be an ape, rock, punk or robot GooseFX wants to enable fractionalized ownership in the ecosystem allowing users to own a portion of these highly sought after NFTs. Please explain why do you think this initiative might be succcessfull if the principle of NFT is “to be unique” and normally one NFT is not supposed to be owned by multiple users? How the resale of NFT will work in this case? Can the holder of one part of NFT sell his part if the second owner is against it? Thank you!
I read that The GooseFX platform will be launching with a commitment of donating 1.5% of all platform fees to charitable causes selected by its platform users. What should we do to be able to participate in the selection of charitable causes? Must we be holders of the GOFX token and have a minimum required amount of the token to be able to participate in the voting? How often will these donations be made?
You have mentioned that access is prohibited for some countries including UK, USA, Thailand, Korea and Iran. What do you mean by “access”? Are they not permitted to purchase and hold your tokens? However, a global community is a vital ingredient of a project. Why did you decide to keep some local communities away? Will you grant permission for the citizens from these counties in the future or is this a permanent ban?
In an article in the Medium, you say that you have made tremendous progress towards releasing the alpha product and are preparing a number of announcements in the coming weeks to share all of the partnerships and progress the team has made. So, what upcoming news can you announce for the Satoshi Club right now? What partnerships have had a significant impact on the development of GooseFX?
From 2022, you have planned to enhance GooseFX by introducing markets for tokenized stocks, DeFi derivatives and forex. Why did you choose these three particular fields? Please explain in a nutshell about your goals for each sector. Are you going to initiate these three markets at the same time or do you wish to develop them gradually? What type of benefits do individuals involved in aforesaid sectors receive through joining your project?
Please tell us about the Goose “Nest” NFT Marketplace. Has the NFT Marketplace already been launched and where can we see an overview of the platform? What are the main functions and tools we can find there? Do we need to create an account and are there any fees for using the NFT Marketplace?
Submissions for the GooseFX Mascot Contest close today. You say you want to find an attractive goose to join you on your mission to the moon and beyond! Looking for a new GooseFX logo? So, for what purpose was this competition organized and why did you choose Discord to receive applications? Who can take part in the competition, what conditions must be met and what are the basic requirements for Goose mascot? How will the winners be determined, how many prizes will there be and what awards await the winners?
I am familiar with “yield farming”. However, what do you mean by “single sided yield farming”? Why did you introduce the latter to your platform? How does “single sided farming” outperform “yield farming”? Please explain the mechanism related to single sided yield farming and whether it does help to generate more revenues.
You did mention that the citizens of the United States of America and the People’s Republic of China)and others are restricted from using your platform.My question is,Is it because of the issue faced by Binance that you placed the restrictions?Can you also give us the full list of the other countries that are also restricted?Do you have plans of having regulatory compliance with governmental authorities?Is there any alternatives for users who are interested in your project in these restricted area to gain access to your project?
You made mention that GooseFX platform is not immune to security issue like from Hackers or other malicious groups or organisations etc.You also mentioned thatthere is a risk that a third party or a member of the Company, the Distributor or their respective affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of GOFX and/or the GooseFX platform, which could negatively affect GOFX and/or the GooseFX platform.My question is,Does that mean you don’t have any security measures to at least reduce that to some extent?Can you also tell the level of trust and transparency that is found among your team to avoid any negativity that will weakened or hinder the group of your platform?
You aim to be a complete DeFi experience where users can trade not only tokenized stocks but futures.My question is,GooseFX futures serve what purposes?What several benefits will users gain when trading GooseFX futures?Is the rules and setup of GooseFX futures the same as that of regular futures trading?Lastly,can you please tell us the contract details for GooseFX features?
I have read that the GooseFX platform will launch with a commitment to donate 1.5% of all platform fees to charitable causes selected by the platform’s users. I would like to know how you will demonstrate to your users that this process will be carried out in the most transparent and fair manner, i.e. what system or method will you implement to properly select the organizations or groups that will receive these donations and where users will be able to see the amount of funds that have been used in this commitment?
According to the GooseFX Litepaper, there are certain risks that you are aware of and that exist today in GooseFX, such as impermanent loss, lack of liquidity, uncertain regulations, lack of development and security weaknesses, elements that are very important for the users, I would like to know, what actions are being taken to reduce and/or eliminate these types of risks, what strategies are you currently using, for example, to continue developing the GooseFX platform as planned or to prevent hackers or malicious groups from damaging the project?
regarding the GOFX token, could you tell us: how its allocation is broken down, what will be its attributed utility functions within the GooseFX platform, how important it is for the platform, if there is a way for users to generate GOFX, i.e., if they will receive any incentives from GOFX and finally, if the GooseFX platform will entitle GOFX token holders to dividends, income or governance rights within the platform?
security is a fundamental pillar in every project, and according to the information I have obtained in one of your networks, the GooseFX platform is still considered with weaknesses in this important issue, I would like you to please tell us how you will solve the vulnerabilities and weaknesses that you currently have, what strategies, methods and/or systems are you using to minimize them and prevent them from harming your users?
What caused the choice of the Solana blockchain? why didn’t you choose, for example, BSC ?
GooseFX is a full suite DeFi platform built on the Solana blockchain and Serum DEX. So, can you tell us what is serum DEX? And, what are the advantages gained by GooseFX as it’s built on solana? And, will GooseFX create a bridge between serum DEX and solana blockchain? And, as BSC chain supports In fast transaction compared to solana, will you implement BSC on your platform?
One of the ecosystem advantage of the GOFX token, is that it functions as a loyalty membership point, where the direct actions of Staking and Use of GOFX will categorise users into different loyalty tiers. As this attribute tends to confer governance privileges on users, may we know the various loyalty tiers available and what are the minimum token staking requirements for each tiered level? What kind of privileges are available to members of the various tiers, and would GooseFX permit members to ascend within the various tier levels, and what are the limits to the kind of influence and decisions members are allowed to have in the platform?
From your roadmap, it shows that you are currently running an open Beta Testing for your tokenized Stocks and NFT marketplace. As interesting and encouraging as this news is, may we know if we could still partake in this testing phase? If possible, what are the necessary steps and appropriate hardware requirements, also how long does GooseFX intend to run this Public Beta Testing program, what are the incentives available to testers? Also, GooseFX has made plans to conduct an IEO also within this quater (Q4 2021). Can you briefly talk on this too, what should we expect in the coming weeks?
A few days ago, You have announced the GooseFX seed round details & $4.5 million fund is to be raised through the seed round. Can you name the early investors, backers & advisors those who are willing to participate in GooseFX seed round? For this seed round, Can any other platforms partake still in addition to GooseFX’s backers, investors? When will this seed round be gone to live? Every platform use the seed round funds to enhance their products, So that they can become a potential project with promising environment. What will you do with the seed round funds? Will these funds be allocated for marketing purposes or Will it be for the team members? Please share more details about the seed round fundraising program?
GooseFX was built on Solana blockchain network. But there are several potential blockchain networks available currently. For an example, CARDANO is a new blockchain network that supports smart contract recently. So why did you decide to go for Solana network while Ethereum, CARDANO, BSC blockchain networks are available in crypto space nowadays, Is the reason that the sudden pump of price of $SOL recently? Do you think that Solana network will be able to provide a fast, secure, scalable & decentralized environment to the GooseFX platform? What about the Pros & Cons of choosing Solana instead of other blockchain networks?
According to your Roadmap, a Beta version of GooseFX platform will be launched that involves in Public testing single for tokenized stocks & NFT marketplace . Can you give a sneak peek about these events? What kind of NFT marketplace will you integrate to the GooseFX ecosystem, Will it be supportable multi platform’s NFTs such as Opensea, Rarible etc..? Which Crypto currencies will you allow to circulate throughout GooseFX ecosystem? How will the tokenized stocks & NFT marketplace be enhanced by combining each other? Do you have a strategy for that?
While reading your tokenomics it caught my attention that 1% of the GOFX tokens will go to Early Adopter Rewards. Which users qualify to be part of those early adopters? What are the requirements to receive this reward? Will all early adopters receive it equally or will there be a larger portion for the earliest users of all?
I read that the GooseFX platform has a number of benefits to incentivize active users of the platform, among which the reduction of trading fees stands out. How much percentage will that reduction be? Will it apply to all trades or will it only be available to a limited number of trades? How is the activity of each user evaluated to choose who will receive the reduction in trading fees?
Hello GooseFX team. I noticed that in your documentation you have a section that contains tutorials for the platform, and it says “coming soon”. When will these tutorials be available? Will the tutorials be very user friendly for less experienced users? Will these tutorials be written in English only or will they also be available in other languages for global users? Thank you!
Hello GooseFX team. You mentioned that GOFX token functions as a loyalty membership point, so users will be classified into different loyalty tiers based on the amount of GOFX held and staked. How much is the minimum number of GOFX token that we need to have to be able to classify within one of those loyalty tiers? Thank you!
We know that The GooseFX platform will support tokenized stocks on Solana in the form of SPL tokens as well as their derivatives. Why did you decide to support main tokenized stocks on Solana? Did you consider starting with other chains or was Solana always your first option? Are you open to the possibility of supporting other chains soon? Can you briefly explain why Solana and not another well-known chain?
You mentioned that GOFX token is an integral and indispensable part of the GooseFX platform, because without GOFX, there would be no incentive for users to expend resources to participate in activities. How do you determine the amount of GOFX that each user who participates in the GooseFX ecosystem receives? I read that being holders of the GOFX token does not guarantee that we receive these incentives … which are the users that are excluded from receiving them?
I see right now Many Defi Project try to offer the solution for traditinal asset /company to tokenized hisasset to make a new move with intregrate the blockchain technology. however as I’ve seen the DeFi journey to bring that thingsseems difficult because i might just seen a little company or stocks market has Tokenized his asset.
Can you share us what stock asset or company has partnerships with you and already tokenized his asset in GooseFX?
“With our single sided yield liquidity approach, users will be able to yield farm with a single asset in the pool pair. To aid with liquidity matching and fee split calculations we are creating the GOFX Master Program.”
canyou describe more about this features? how will you implement the single Asset for Yield Farm? is there a split action for the asset we spend to pool, which mean the half of this asset will be use to poorchase another asset and put it into liquidity pool?
I see one of your key features is, NFT Marketplace – NFT portfolio cross collateralized with trading platform. i know that right now NFT is booming in Solana Blockchain.are you try to make a move with this situation? what its your strategy for implement or attract the NFT collector or user for joining your Marker=tplace? are Goose FX will launch your own NFT too and sell it in your marketplace?
“Impermanent Loss – Currently there is no way to completely avoid impermanent loss as two asset pairs will be changing in price value constantly. We do aim to mitigate as much IL as possible.” Can you tell to us what is your strategy for avoid this to happen?
in the HYbrid Future Contracts, there is an example 2 user with different stock spend their asset into the pool. one of them is stable coin. can you tell more about this? with this hybrid future contracts who will ballance the outcome for both user? and how much fee % per transaction to Goos FX it self?
As you stated, GooseFX dedicated team comes from software and financial engineering backgrounds with over
25+ years of combined programming experience and 10+ years of combined crypto/fintech knowledge. But I
couldn’t findout personel details of GooseFX team. What is the reason for not revealing yourselves to the
community? How will we know that you are really experienced team since You stay as anonymous team? some
successful projects are available in Crypto field, as I know. Do you think that you can be a successful
project like that? In what way will this anonymity be caused to the transparency of GooseFX project?
In the blockchain field, Most users used to trade crypto currencies instead of Forex trading. I saw that
GooseFX project will support the Forex market also. Could you please provide more informative facts
regarding the Forex market or Forex trading? Actually why did you intend to add Forex assets/stocks for your
project? What type of advantages will the Forex Stocks bring to the GooseFX ecosystem? Generally I am not
aware about the Forex trading. Will you guide us, how to use Forex Stocks in a way of being profitable
through the tutorials?
i see there is an Early adopter rewards allocation from your token. also there is a bug Bounty allocation in that.
can you describe more about this allocation? and how to join the bug bounty program? thankyou
One of the Most Exciting event in GooseFX project is the GooseFX Charity Initiative & You have promised to
donate 1.5% of all platform fees to charitable causes. Have you already decided to donate these funds to a
certain charity organizations? Can you list the charity organizations that you are going to donate? Lot of
projects based on charity events consider the user’s choice when they select charity organizations. will you
care about the user’s choice in future since the funds directly came from GooseFX community? Through which
way do you ask their choice, Will there be a voting event before every charity donation? Please also tell us
the security of the charity wallet? Will you update the community after the every successful charity?
for some countries Futures trading is illegal, because in most cases users can control they self and failure with read the chart and analyze the market which make loss to the users. however the future trade market audience are really hugh. many big project now launch their future trading stocks platform. for the reason of that is there any KYC needed to join in the futures trade in Goose FX? So for the users from some countries which not allowed to do futures trade, what is the features from goose FX that they still can use?
Wow, they have many rules to be part of their Tg community, I assume that they are equal or more prudent in everything related to the development of their project both on their part and their investors, what are their methods to achieve the optimal development of their entire set of tokenized stocks, derivatives, NFTs and chain-based yield agriculture, which motivated them to create a project based on the Solana blockchain and Serum DEX, which Solana brings them and not another chain such as BSC, Ethereum, Polygon, etc ?
In recent months, cryptography has shown a great dependence on a relatively new instrument in this culture, the NFTs, do you consider that an innovative and solid project can go on the market without the presence or that does not have the NFTs incorporated in any of its roles As they plan to provide their users with the best experience for trading, agriculture, NFTs and anything else that uses the speed and scalability of Solana, the very intermittent crypto market lately, do you consider it a good time to invest?
I understand and share your belief that decentralized financial protocols and products will outperform their centralized counterparts in the next 5 years, how can GooseFx attract that community of users who still do not trust the decentralized system, the non-crypto community is still very large What message would you send to let them know and understand the cryptographic culture and its great advantages and benefits to its participants, for when will your IEO launch and its exchange functionalities be active?
I curious about Synthetic NFTs, can you describe more about this features? what is the benefit for user regarding this?
Why is your platform based on Solana and Serum Dex, how safe is it? What is the security system they use and the response capacity when it comes to transactions or any emergency? What is the percentage of your commission fees? I would like to know if you plan to use other networks or chains later? You can give us more details
in the one sided assets pools, there is a fee transaction for users to do swap in GooseFX and the fee will goes to the LP pool. can you tel me how much % of the transaction fee? and how much fee persentation will be allocated to the person who stake his asset into the pool itself?
Hello, GooseFX, what is the main mission of your project that differentiates it from other similar Defi projects, what kind of negotiations do you plan to offer? I see that they will have an NFT market. But when users will have that function, can you explain more about these functions that GooseFX offers
Decentralized financial protocols and products will outperform their centralized counterparts in the next 5 years or more and aim to make GFX (GooseFX) one of the main competitors in this space. How are you doing to focus on an unmatched user experience and a solid business engine? What are the distinctive features of (GooseFX)? What is ahead of your competitors?
Within the Key Features of the Platform Key Features of the GooseFX Platform, Active development: Decentralized trading of stocks and tokenized futures NFT Marketplace – Cross-guaranteed NFT portfolio with trading platform. Can you explain these two key features that GooseFX offers? What benefits does each of them offer? How do they work?
The GooseFX team has also made progress on their roadmap when it comes to the NFT market, as well as cryptocurrency spot and derivatives trading. Do you think these two additional core features will simplify the user experience by providing the most used DeFi applications on one platform? How do these two features work? How do you estimate to achieve this?
GooseFX started as a protocol that dedicated its efforts to bringing a complete DeFi experience to the Solana ecosystem with an unmatched user experience. Trade both crypto and tokenized stocks, DeFi derivatives and cross collateralization of platform assets (including NFTs) through our Goose “Nest” NFT marketplace. Can you market the NFT Goose “Nest”? How does it work? What type of assets can be traded in this market? Has your market evolved?