We are pleased to announce our next AMA on November 2nd 2021 at 05:00 PM UTC Time: Satoshi Club x SubDAO
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join SubDAO Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. SubDAO Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about SubDAO
For more details:
SubDAO Website – subdao.network
SubDAO Telegram – @subdao
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
SubDAO has partnered with lots of firms including CRUST, Stafi, Bifrost, Zenlink,DeepDAO and so many others,and it’s planning on investing with the support of partnership with this firms Huobi ventures,CMS,PAKA, NGC ventures,DIVERGENE,KENETIC etc, for the already partnership, what attracted them to SubDAO? What impact did this partnership have on the development of SubDAO and what happen soon? How can the community itself contribute to the uptrend growth of momentum of this project?
For the upcoming partnership support for the realization of the goal of SubDAO “one DAO serves All” what kind of support will this firms offer to SubDAO and why do you choose them for the goal realization
There are so many DAOs existing in the blockchain currently, most of which possess their own governance schemes and systems. Some of them include; MakerDAO, DAOHaus, TheLAO etc. What are the distinctive features that makes SubDAO different/better? How does SubDAO solve the major existing problem which is; for a DAO of any size, a rich and complete DAO governance toolchain is the foundation for a sustainable DAO?
-I learnt that the SubDAO Network consists of four parts which include; SubDAO Node, SubDAO Airfone SDK, SubDAO Smart Contract and SubDAO App front-end. What are the features/properties of these parts? What are the contributions of each of these parts to the SubDAO Network?
-I also learnt that SubDAO Smart Contract is made up of components which include; Template Library, Asset Vault and DAO Guard. Can explain the features and functions of these components?
One of the products of SubDAO is DAOWallet which is a cross chain wallet. What are the features/properties of DAOWallet? What are the advantages/benefits that users get to enjoy as a result of DAOWallet being a cross chain wallet? What are the use cases of DAOWallet in the SubDAO Network? When will DAOWallet be launched if it is not launched already?
SubDAO – (0ur Product) , it did caught my attention to know that there is SUBDAO= DAO infrastructure + Electronic agreement signing service + Cross chain wallet +Social networking. Now my question is particular in relation to the social networking arm of SubDAO , could you please educate us on the utility of the social networking under subDAO ecosystem?
To build a strong community presence, SubDAO launched the Starfish Ambassador Recruitment Program in support of SubDAO’s mission a few days ago. Do you allow users from all countries of the world to participate? Will the program be held worldwide? What are the requirements that need to be filled to qualify? Are you looking for ambassadors who create and moderate communities in different languages?
Hello SubDAO team, I read that SubDAO will conduct its Initial DEX Offering (IDO) on the Bounce Finance platform. The token sale will be held on Wednesday, 3rd November. You mentioned that 600 eligible applicants will be whitelisted. Is there still a chance to register on that whitelist? Will only those 600 selected users be able to participate in the IDO? How much is the maximum amount of tokens that we can buy in this IDO? Thank you!
In addition to infrastructure, there are other aspects that need to be explored in terms of conducting DAO governance. For example, in the early stage of Web 3.0, we could connect Web 2.0 with Web 3.0 quickly in a way that does not harm decentralization. How do you work to achieve true governance on the SubDao platform? How Does SubDao Governance Work?
SubDAO aims to achieve all designed functions, including basic voting functions for all DAOs. Meanwhile, the PoC functions will be implemented and tested by a limited number of users. What are the functions that SubDao expects to achieve? What requirements must a user meet to access PoC functions?
SubDAO is an enabler that aims to make the DAO service more accessible. It is a cross-chain DAO creation and maintenance platform for DApps, powered by Substrate and Polkadot. Despite a series of DAO service platforms, how does SubDao work for the real mass adoption of the platform and how do they face the series of obstacles that this implies?
The goal of SubDAO is to create a (1) cross-chain platform that provides (2) general and custom functionalities to govern a DAO (3) that connects to DApp with the ability to (4) access external data off-chain . Can you briefly explain each of the SubDAO objectives? How is SubDao to achieve each of these goals?
Your whitelist closed earlier today, and Satoshi clubbers missed it just by a few hours. When will be the next opportunity for us to invest in your platform? When will you be listed on the main exchanges? Do you have a set date? Please let us know what are the necessary steps, thanks!
SubDAO Network is a Polkadot-based DAO management platform developed with the Substrate framework, with the objective of providing a tool chain to facilitate the creation of DAOs. But what benefits does Polkadot provide to this type of protocols? Many DAOS are often unbalanced in terms of the benefits granted, in the case of SubDAO, what are the cardinal differences that make them different and superior to their competition?
DAOWallet is a pluggable wallet in Chrome, with wallet payment function, social networking and DAO management. My question is, is this wallet is dedicated to connecting Web2.0 to Web3.0? Users can participate in DAO voting, make transfers and transactions with friends and send cryptocurrency red packets on Twitter and other social networks? What can you tell us about this topic?
The PDA or the “Polkadot DAO Alliance” is a group of 11 independent projects within the Polkadot ecosystem. Among the 11 projects, one of them is SubDAO. Could your please explain to us the mission and goals of this exclusive and innovative group? What are the intentions of this group towards blockchain developments most especially in decentralization and Web 3.0? Could you provide us SubDAO’s contribution to this group so far?
Security should be considered as the top priority when dealing with smart contracts, assets and funds. For SubDAO, I’ve learnt that it has a special kind of security mechanism called “SubDAO Guard”. Could you give us a run-down about the features of your SubDAO Guard? How does it protect the transactions, users and the overall ecosystem of SubDAO? Does it comes with a complex algorithm that makes it hard to override by hackers?
One of SubDAO’s main product is “PolkaSign”, an electronic agreement signing service that uses the Substrate Framework. Were you the one that pioneered this kind of technology and mechanism? Can you tell us more about this products’ conceptualization? Also, is there a difference between the technology behind PolkaSign and how NFTs works?
After researching your project, I found you recently collaborated with some solid #Polkadot projects like StaFi_Protocol and PhalaNetwork etc for Polkadot DAO Alliance. How would the synergy bring solutions to #crypto and DeFi users?
Which are the use cases of your token, and how are we as users motivated to buy and hold long term? Will new use cases come a long time?What is the benefit to me if you keep it for 1 year ? and What is your selling point that makes subDAO better than other similar platforms?
I read that a project uses the Polkadot network? Why did you choose the Polkadot network? when there other alternatives, why not BSC,Polygon,Solana?Will we see your project on their network in the future? What are your plans for your project in the future? “One DAO severs all” is how? Why DAO?
What attracted me in DAO Wallet is the fact it is a plug-in wallet on Chrome, featuring wallet payments. Users can make transfer and transactions with friends and send cryptocurrency red packages, etc on Twitter. Please reveal more information regarding the Wallet itself. Are there any restrictions applied to its usage on regulation level? How many cryptos does it support? What advantages does it have compared to other wallets? Thank you!
One more great initiative is PolkaSign. SubDAO claims that it is a reliable application providing electronic agreement signing service. All details including signature, signer, agreement files list, etc. of the agreement are written with smart contract on blockchain, and can’t be maliciously tampered with. Please advise if PolkaSign can be embedded into any document creation or approval tools? Has it been audited and confirmed to providing more flexibility compared to Adobe Sign for ex.? Thank you!
You said that your native token $GOV is require for creating DAO and Voting.My question is,Is there a % of $GOV that is allocated for creating DAO?Will users have to pay any % of $GOV to participate in your voting?And what other On-chain behavior will the $GOV be used for on the SubDAO network?And for the Staking part,what is the exact amount of $GOV token users need to stake before can they eligible to receive the Incentives giving to those who stake on SubDAO? And can you tell us the % APY of staking on your platform?Thanks
I read that SubDAO will launch a General and Professional version of the Template Library for simple and complex DAO organizations of different types (Including decision-making mechanisms and management mechanisms.Can you please tell us first what this Template Library is all about?What are the importance of it on SubDAO?And what are the decision making/management mechanism you also plan to to implement and with what benefits? Thanks
SubDAO node has the capabilities of the blockchain node and also provides off-chain data access. This seems to me very similar to an Oracle, does it have the same functions as this one? Considering that Node SubDAO provides external information, for what purposes is this used on the platform? And also, is Node SubDAO resistant to hacker attacks?
DAOWallet is a plug-in wallet on Chrome, featuring wallet payment, social networking and DAO management function. It’s dedicated to connecting Web2.0 to Web3.0. can this wallet be used as an independent app in PC or mobile, or only as part of a Google Chrome extension? Why did the team decide to design the wallet like that?
SubDAO Network is a Polkadot-based DAO management platform developed with the Substrate framework, aiming to provide a chain of tools to facilitate DAO’s creation, funding pool management, voting, and customization, to assist DAO creators and participants in the governance of their organizations. How much knowledge would one require to be a DAO creator in SubDAO? How customized can these DAOs be, can all the features mentioned about be addressed in the same DAO?
Could you tell us about your interest on adding social functions and activities to your DAO Network? Will the most active users and contributors have advantages over other users? How do you encourage the actor’s participation on your ecosystem?
I have been reading about the complex architecture of SubDAO and it really looks very solid, but I would like to know which of its components are really in charge of protecting the platform and the assets of the users? Do you use any oracle-based technology? What are the security strengths of the platform and how do you plan to optimize it in the future?
What sort of help will these firms offer to SubDAO for the upcoming partnership support for the achievement of SubDAO’s aim of “one DAO serves All”? Why did you chose them for the goal realization?
Q2. Could you briefly clarify the mission and objectives of this unique and forward-thinking group? What are the goals of this group in terms of blockchain development, particularly in terms of decentralization and Web 3.0? Could you tell us what SubDAO has done so far for this group?
Q3. What is SubDAO? Can you tell me, why would I invest in your project? Thank you!
The Starfish Ambassador Recruittment Program was just launched by SubDAO. So, could you please elaborate on this? Is it open to the public? What are the requirements that the applicants must meet? What criteria do you use to choose an Ambassador in SubDAO? How many Ambassadors are you planning to hire? Can you tell us how and where those who are interested should send their applications?
SubDAO recently announced a strategic partnership with Gate.io and according to terms of this alliance, Gate.io will provide support to SubDAO’s parachain Slot Auction on Polkadot. Been that this auctioneering event is critical to both SubDAO and Polkadot, can you kindly elaborate on its relevance, how would the Slot Auctioning set SubDAO to achieve better and more realistic developmental strides? Since SubDAO will partner with more projects asides Gate.io for its Slot Auction, may we know the possible partner projects under consideration and the timeline to these events?
Some couple of days back, SubDAO announced through its social channels, the official launch of its Testnet, with expectations that it would create a new path to exploring its DAO governance. Judging from patronage and overall user experience since the launch of your testnet, how successful has it been so far, and what features and functions are currently available for use on your Testnet? Also, what ways will SubDAO look to improve on its infrastructure before the eventual launch of your mainnet, and when should we anticipate this all important event?
Sub Dao has four products which are the Dao Infrastructure Electronic agreement signing service, Cross chain wallet and Social networking. So,can you share a brief overview about each product in your platform? How does each product being utilized in Sub Dao Network? As you include Electronic agreement signing service in your product,how does this services being implemented in your platform and how does the service would be deliver to your clients? Out of all your products,which product in your platform is most essential to your investors and users? Does your users can utilized all those product being mentioned? Thank you
As we know that NFT,Play to earn games,Staking,Farming and Lending Program is very common and popular to most platforms nowadays.To give more opportunities and choices to your users,would you consider NFT and gaming program to be integrated to some products in your platform?Does Staking ,Farming and Lending is being in the line for your future plan to give more options to your users especially in earning revenue? For all those mentioned above,which of those your platform is considering to add in your platform’s product or Services? Thank you
In your architecture,SubDAO network consists of four parts namely, SubDAO Node,SubDAO Airfone SDK,SubDAO smart contract and SubDAO App front end. Can you give an highlights of these Networks, what are the differencea between them? How are they used in securing and verifying SubDAO transactions? What are the components of the remaining 3 network aside SubDAO App front end?
You have allocated 30% from the total supply, the highest percentage of your allocations, to reward Parachain slot auction contributors. Can you explain about this Parachain slot auction? Is it one of your initial fund raising events? You have allocated 27% for governance mining, 15% each for sale and foundation, 10% for team and 3% for airdrop. In that situation, why did you decide to reserve more than 25% from the total supply for this type of event? What is the importance of this event for the development of your project? To prevent the selling preassure, have you imposed a vesting period for this allocation?
SubDAO you do not include Whitepaper to give full details about your project, and roadmap for your future plan and executive..can you kindly tell us what are your plans for the remaining part of the year and quarters of 2022? Can you give us a sneak peak of how your 2022 plans are and how you are preparing to meet those targets
Currently, almost all the projects create two seperate tokens as the governance token and the reward token. Contrastingly, $GOV is not only your governance token, but also the token that will be used to distribute staking rewards and network incentive. Why didn’t you create a seperate reward token? Do you see any advantage/ convenience regarding this method of introducing a single token for governance purposes and rewarding options? What will happen to the value of $GOV if reward earners start selling their tokens at the same period of time? Don’t you have an idea to design a reward token in due course?
You have mentioned that there are several tools in progress. Can you briefly explain about these upcoming developments? What are the utilities of theese tools? Who get benefits from them? Developments of the DAOWallet are also in progress. Can you give a sneak peek about the wallet? Moreover, what are your future plans in addition to developing these tools and the wallet?
SubDAO platform will launch their $GOV token on 3rd of November at 12 PM UTC on Gate.io, Bounce Finance & Mexc Global. Will this be a kind of fairlaunch? Can any one participate on the $GOV launch? What are the minimum requirements that should fulfil in order to participate & buy some $GOV tokens on three Launchpads mentioned above respectively? Tell more about this launching?
You are going to provide a bridge solution for web 2.0 & Web 3.0 within Polkadot ecosystem. In order to achieve this target, What kind of technical strategies will you use? Nowadays, Most of projects adopt the web 3.0 versions for their Dapps. So Why did you decide to consider about old web 2.0 products? How will you provide a expert service on Dapps in both of Web 2.0, Web 3.0?
SubDAO is Polkadot’s DAO infrastructure, which allows any decentralized organization to create and manage DAOs quickly. What are the requirements for any decentralized organization to create and manage DAOs on your platform? How do you providing electronic agreement signing based on the blockchain as a Web3.0 entrance? How is your DAO social networking, asset management, and other tools and services you mentioned implemented in your ecosystem?
SubDAO is that your infrastructure is based, it can allow and manage DAO faster than other projects, how does it achieve this objective? How it allows any decentralized organization to create and manage DAO faster than other similar projects that already exist, can you give us more details and explain how your platform works?