AMA Satoshi Club x Caketools.io, November 16th

We are pleased to announce our next AMA on November 16th 2021 at 03:00 PM UTC Time: Satoshi Club x Caketools.io

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Caketools.io 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. Caketools.io Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Caketools.io

For more details:
Caketools.io Website – caketools.io
Caketools.io Telegram – @caketoolsio
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

56 thoughts on “AMA Satoshi Club x Caketools.io, November 16th

  1. CKT is the native token of caketools, which will be
    used to unlock the full features of your DApp. What are those full features that we can access with our CKT token? Can users who do not have CKT tokens be able to access the caketools platform? If they do have access, will they have limited access to the features offered by caketools? Could you share with us the benefits that all CKT users will receive? And what is the amount of CKT tokens that will allow us to unlock the full features of your DApp?

    1. CKT is the native token of caketools, which will be used to unlock the full features of your DApp. What are those full features that we can access with our CKT token? Can users who do not have CKT tokens be able to access the caketools platform? If they do have access, will they have limited access to the features offered by caketools? Could you share with us the benefits that all CKT users will receive? And what is the amount of CKT tokens that will allow us to unlock the full features of your DApp?

  2. -I learnt that users have to subscribe to have access to premium features by buying $CKT from exchanges. Will this be a one-time subscription or will users will have to subscribe at time intervals?
    -According to your roadmap, “Subscription Tiers” is scheduled for Q1 2022. Can you list the subscription tiers that will be available? What are the characteristics of each tier and what are the premium features that will be accessible according to each tier?
    -Can you list some of the exchanges were users can get $CKT

  3. I couldn’t help but take a look at the premium features of Cake Tools, I could see that CKT is needed to access the premium features, but how long does a membership last and how many CKT tokens are needed? Could you explain what your premium functions consist of and the details of its operation and acquisition?

  4. Cake Tools has a function to visualize and track the rhythm of the whales in the crypto market, could you tell us if you also have a system to protect our funds from this type of market manipulation? What advantages does the project offer to less experienced users? Is it possible for the platform to make live warnings and possible suggestions?

  5. One of the elements of Cake Tools ecosystem is Automated Market Maker Aggregator. Please explain what features does it provide to users. Does it include a function for a swap that we could aggregate tokens from other AMMs? Is your platform constantly connected so there’s no need to leave it to perform swap? Thank you!

  6. It is also mentioned in your whitepaper that Cake Tools will launch a Token Browser. Please reveal the advantages of Token Browser vs Brave Browser of Basic Attention Token as they seem to become rivals. Please also talk about security and confidentiality while using Token Browser. Have it already passed the audit? Thank you!

  7. The main features of Caketools are; “Trade DeFi Tokens”, “Token Browser”, “Wallet Tracker” and “Whale Swap” but another feature that I saw which caught my interest is “CKT Bot”. Can you list and explain the features and functions of CKT Bot? What can users of Caketools use CKT Bot for? Will this feature be accessible by all users or will it be limited to specific users? If it will be limited, what are the conditions/requirements that users must meet to be able to access CKT Bot?

  8. -Caketools is based on Binance Smart Chain and according to your roadmap, “CrossChain Support” is scheduled for Q2 2022. Can you list the blockchains that Caketools will be established on in future and the advantages of the cross chain support?
    -According to your tokenomics, 10% of the total supply of $CKT is set aside for “$CKT Rewards”. Can you mention the ways through which users of Caketools can earn $CKT rewards?

  9. CakeTools’ ultimate concept and idea is to provide it users all available data and information about anything that revolves around the Binance Smart Chain including tokens, wallets and whale movements. Will this be the scope and reach of your products and services? How about for NFTs that resides in the BSC network? Can CakeTools also provide information about NFTs and NFT-related activates in the BSC network?

  10. I see that CakeTool has a membership subscription feature where users are opted to Buy $CKT from exchanges to access to premium features. Firstly, from what market and exchange would you recommend for us to buy the $CKT tokens and how much is the required amount? Also, can you please specify what “premium feature” is your website pertaining to? Will there be an imposed duration for the subscription?

  11. Cake Tools has a feature called “Price Alerts” where the system notifies users about the real-time price of certain crypto assets/tokens. Can you provide us with an in-depth discussion pertaining this feature? What will be the medium of which these notifications will be sent out? Will these notifs be sent through user’s email? Also, in the vast future, will this feature support SMS notifications where users can receive notifs straight from this cellular phones?

  12. Cake tools have token called CKT and CKT is the native crypto token of cake tools And this token will be used for most of the financial activities on cake tools. Unlike some other DeFi tokens that operate mainly as words on paper with no real-world usecase, the CKT token has a different element to its uses. Can you elaborate on the financial activities on caketool which will require a user to posses CKT token? What different elements do CkT token has to its usecases?

  13. I understand Caketool Platform has three Cake Tools Token Membership Plans Which include basic which is plan for new users, ultimate and Boss. As a new users, Do I need to hold Cake Tools Token (CKT) to access any of these plans? What are the requirements for user to upgrade to the ultimate plan and also to the boss plan? What are the features a user is entilted to in each of these three plans?

  14. On the website it says you can buy CKT to get premium features on app. What are the premium features apart from basic features?

  15. It caught my attention that one of the features CakeTools aims to integrate in it’s platform by the end of this year is “Whale Browser”, can you tell us more about this innovative feature you will incorporate into your services? What function does Whale Browser exaclty fulfill and how can this be helpful for investors on CakeTools? Also, since this is a Whale Browser, where will the information for it come from and how realiable will it actually be? On the other hand, I would like to know, who will be able to enjoy this feature? Will users need to pay the premium subscription of Caketools to be able to use Whale Browser?

  16. On the website I saw an option of “Track Whales”. What is this? Is it something that tracks whale’s market movements?

  17. I saw that one of the services CakeTools will offer is a “CKT Bot”, which will help investors “make informed trading decisions. Users can rely on it because it is trained for the job”. Can you tell us more about this Bot? It is said to be trained for the job, so people can rely on it, but can you tell us how exactly was this Bot trained? What kind of mechanisms comformed it and how can we know it is actually reliable? Also, I want to know, how does it exactly work to help investors on making informed trading decisions? What kind of information does it provide? What kind of options does this bot offer to investors? Where does it get it’s information from to provide informed and accurate decisions? Most importantly, who can take advantage of this pretty useful tool?

  18. I saw on CakeTool’s Roadmap that for Q2 2022, you have plans on providing CrossChain Support, can you tell us more about this future goal? To which chains do you plan to provide CrossChain Support? Also, will this CrossChain Support include access to all of your services but for different chains such as Avalanche or Matic or just to a few of them? Should we expect new features as well alongside the implementation of this CrossChain Support or will you stick to the ones you have already planned?

  19. One thing that has caught my attention is that for Q2 in 2022, Cake Tools plans to develop a model based on subscription tiers. Can you explain specifically what this model will consist of and if it will also stratify the benefits for users in different levels? To qualify for these subscription levels, is it necessary to make an initial investment? What does it depend on to reach the highest level?

  20. Cake Tools allows you to buy and sell Pancakeswap & Bakeryswap tokens directly from the caketools interface without leaving the caketools application. This is really interesting. My question is, in the future will you include other similar interfaces like Uniswap? What are the benefits of this cross-platform combination model for the users?

  21. Cake Tools is a revolutionary cryptocurrency project that offers a wide range of services to decentralized finance (DeFi) investors. They are loyal followers of Distributed Ledger Technology (D.LT) / Blockchain innovations, as well as globally manufactured cryptocurrencies. What is the applicability of Distributed Ledger Technology (D.LT) / Blockchain innovations within Cake Tools? What are the innovative tools and products from Cake Tools?

  22. Cake Tools is a crypto project passionate about helping crypto investors make more money than they lose. This is done by providing you with a variety of tools that you need to analyze the market at any time. What are the tools that Cake Tools provides that allow its users to analyze the market? How do these tools revolutionize the analytics market?

  23. Cake Tools has a bot that will help you make informed business decisions. You can trust him because he is trained for the job. What is Cake tools Bot? How does the CKT Bot work? Who can use the CKT Bot? What makes CKT Bot different from other similar bots on the market?

  24. This is currently the most advanced variant of the Cake Tools membership blueprints. The Boss Plan includes most of the tools and features you need to become a better Defi trader. What is the Boss plan? What requirements must be met to access the Boss Plan? What are the tools included in the Boss plan? Benefits of the Boss plan?

  25. Caketools offers users different membership plans so that each user can decide which one is best for them. In order to purchase the Platinum Plan, subscribers must hold at least 50,000 CKT as a requirement. This plan offers access to many interesting features. Among those features I read that you will offer “CKT Rewards”. What will these CKT Rewards consist of? Will those rewards be distributed evenly among all Platinum Plan subscribers? Or what aspects will you take into account to determine the amount of CKT rewards that each member will receive? Will those rewards be distributed monthly?

  26. In your roadmap I read that you have planned for the first quarter of 2022 to launch Subscription Tiers and the user profile. Approximately in which month of the first quarter will Subscription Tiers be launched? Will there be limited amounts of subscriptions or do you have unlimited amounts? Have you considered incentivizing early subscribers by offering promotions or discounts on subscriptions on launch day? As for the user profile, will our personal data be public? What data will we have to fill in to create our user profile?

  27. To make it easier for traders to monitor and evaluate the events in the market,you said you will provide various tools that traders can rely at all times.So can you list the tools that will build the confidence of traders when trading?Will this tools also help in minimizing/reducing any loss of funds when users trade?And how will working with several Decentralized Exchanges (DEXs) on the Binance Smart Chain help you in giving users the best trading?And can you mention a few of this DEXs you will be working with? Thanks

  28. In your roadmap of Q4 2021,you will implement “Trending Pairs Display”.Measuring a trendedness of a currency pair or any other trading instrument is always a challenge. A currency pair might be trending strongly one year and be completely trendless the next year.So what methodology will you use to access the trendedness of a cryptocurrency?How will you calculate the rate change and cryptocurrency pair volatility?And how will you help every day traders to find the best trending pairs? Please explain Thanks

  29. You said on your website that we could buy CKT from exchanges to access to premium features, however, it is not specified which are such premium features. Please list them, and also let us know how much CKT we should buy to access them. Also, do you have a DAO in place? If so, which token should we buy to be able to access DAO benefits?

  30. In the fourth quarter of 2021 one of the most interesting objectives that I have not had the opportunity to observe in any other similar project is the Whale Browser, so, could you explain to me and to those present, what functions this product will have, what problems it will solve or what opportunities it will give to the users of Caketools.io?

  31. CAKETools has the token (CKT), so, could you give us the metrics of CKT, inform us about the features, utilities and benefits that it has and will make it attractive to users, also tell us, what systems will be implemented to maintain its value and prevent it from declining over time and finally tell us what will guarantee that the distribution will be done according to the established tokenomics and that there is no possibility of any deviation on your part?

  32. With which partners or projects are you integrating and associating that are vital for the growth of caketools and also boost the value of ckt? how does the community participate?

  33. knowing its objectives such as providing and maintaining standard tools for DEX trading that allow BSC users to: Get data analysis in time real, Get market movements in real time,
    Search and provide information on listed pairs on exchanges such as PancakeSwap and BakerySwap See liquidity levels, how do you plan to meet such demanding objectives? Do you have partners, clients and technical personnel to achieve and exceed these objectives?

  34. Among the main features of Cake Tools: Enhanced functionality, Launch pad and marketing tools, Alternative chain support and More integration with the community. Can you give us information about its characteristics, has any other been included and how it benefits your customers?

  35. Knowing that Cake Tools provides the community with aggregated data from all decentralized exchanges on Binance Smart Chain and traders can take advantage of product (web Dapp) to analyze market movements, view candles (charts) track the growth of projects of BSC, develop profitable investment strategies. All this information is clear for all types of clients, easy to interpret and in real time?

  36. CAKETools offers a variety of very attractive options for users, but one of the concerns we always have as users, when we know or want to participate in a project, is about security, that is why I would like you to mention us what kind of system, method or technology is used in CAKETools to protect users and avoid any loss to it, and in the same way, could you mention us, if you already have an audit certificate?

  37. being able to clearly see the market in which we want to participate would allow us to have a better commercial experience, so could you tell us how Cake Tools improves and enhances the user experience, tell us a little about the unique features it has and the tools that only Cake Tools can offer you?

  38. Transparency is very important for new cryptocurrency projects, in your tokenomics you mention that you will have 9% of the token supply for “reserve”, can you tell us what the function of this percentage will be? What anti-dump systems will the project use? And how do you see the sales of the token in the short, medium and long term?

  39. Hello Caketools team. I read the announcement that Astronaut will be launching Caketools on November 17th, that is, tomorrow! You mentioned that we can participate in the whitelist giveaway, are we still in time to participate? do we need to hold a specific amount of NAUT if we are chosen as winners in the whitelist round? In case we don’t win a whitelist spot, how many NAUTs must we have to participate in the IDO? In addition to being NAUT holders, do we have to submit our identity verification (KYC)? Is there a minimum contribution required per wallet? Thank you!

  40. In this very quarter, you have some interesting developments that the community is awaiting, where you started with Private Sale just of recent and hopefully Listing of CKT will follow. You also have Pair Browser and Whale browser to develop in this same quarter which actually called my attention, what is all about the two browser you have in plan for? Will the whale browser be useful for some certain users? What will be the difference between normal, Pair and Whale browser? Can you hint us more about this developments?

  41. Pair Browser and Whale Browser were included in your Q4 2021, which piqued my interest. Can you tell us more about these two Browsers? What is the difference between Pair Browser and Whale Browser? What are their roles? How do these two browsers differ? What advantages will it provide for the CakeTools ecosystem?

  42. Cake tools brought a chart for the entire BSC Ecosystem which enable smart transactions for all BSC DeFi projects on decentralized exchanges. Cake tools have some features like Responsive, Price Alerts, etc which we can access freely but also have some premium features which are not stated on your website and we can only access them by buying CKT token from exchanges, I want to ask that can you list and explain these premium features for us? What is so special in these features to the extent that we have to subscribe with CKT token? Should we be expecting chart of tokens from another Ecosystem soon or you only base on BSC ecosystem?

  43. Recently, you announced Cake Tools IDO which will take place on November 17th at 3PM UTC with the total raise of $300k. In order to increase the chance of getting into this IDO you placed a WL competition for the community but no information is given about it. I want to ask what is all about WL competition? How can we enter it, is there any link provided at all? To win a special whitelist spot, what are the tasks to perform? what are the string of services Cake Tools set to offer the DeFi community?

  44. What are the features you have on your platform that is premium, is it possible to access the whale browser without subscribing to your platform with CKT tokens? In the upcoming presales that was scheduled for this quarter, Hwo can we increase our chances into Cake tools IDO? in order to win a special whitelist spot, we have to perform some certain task, what are these tasks? How many winners will be selected and in form of what will they be selected ( randomly or FCFS).

  45. It is well known that liquidity is very essential in cryptocurrency transactions and mostly needed in Binance Smart Chain decentralized exchanges as stated, with the existing features of Cake Tools, is it possible to monitor when liquidity is added and move out to a BSC decentralized exchange? Talking about the whale browser, is it a browser on it own or a tool in your platform? You have almost four features provided for whale browser, what are the features in Pair browser too?

  46. As stated from your documents, the primary source for Caketools real time chart and Crypto market data is pooled from PancakeSwap and BakerySwap API. Even as these AMMs will satisfy these demands, may we know why Caketools specifically opted for Pancakeswap and BakerySwap, and asides data for your real time charts and markets, what other information does Caketools pool from these stated AMMs? Also, as project develops further, will there be a possibility of expanding your real time data sources beyond the BSC built and integrated AMMs?

  47. Looking at the current community size especially your available social channels, there has been a continuous rise in community numbers, with your twitter and Telegram communities cureently accounting for more than 55,000 members. Considering the relative infancy of Caketools, these numbers are really encouraging. Therefore, can elaborate on your current and future marketing plans, how does Caketools hope to leverage on the various tech and social media tools to grow a larger following and use? Furthermore, how will your partnership and collaborations be aligned to meet your visions and long-term growth targets?

  48. I’m a little bit confused about the Caketools roadmap because I found out that on the 4th quarter of 2021,you will have your Private Sale & Listing and on 2nd quarter of 2022 you will launch Presale and marketing tools. So,why you will have a presale next year but stated that you will acquire listing after your private sale this year? Why you are already advancing listing if you still have a plan for presale? Can you discuss more about your upcoming ppresale for next year? Lastly,what are the marketing tools you will deployed in your platform by next year? Thank you

  49. you have a feature about whale browser, what’s the mechanism you had created that your feature can work for clearly?

  50. what stablecoin you will support in your platform for defi market? and do you have a plan to automation with ERC market like uniswap etc?

  51. your platform look so interesting and help so much for all trader and investor, i think you have a brilliant idea to make this platform, but i just wondering is your feature only work for BSC network? is it able if some user track the crypto from ETH network?

  52. With a lot of total supply 150,0000,000 for your token,I notice that there is no preparation for cake token tool presale at all,which may not allow investors to fund your project before it becomes publicly available,what is your main reason for not having atleast a presale for your token, presale serve as a tool for a fast awareness,how will you create rapid adoption and growth for your project,I also notice there is no allocation for your team members, what will encourage your team if there is no allocation for them in cake tool tokenomics? Your project has many great features, there must be an experienced team behind,can you tell us about your team members and their experiences in the market

  53. The Defi ecosystem currently is fraught with many challenges, ranging from high gas fees and sometime lag in transactions, the binance smart cajon is a great crypto project that would do wonders if it can overcome these challenges,more reason the need you see for launching cake tool to be a chatting Hub of the binance smart chain- so now call yu briefly tell us how cake tool will overcome these challenges, what strategies are you using to enable smart transactions for all the decentralized finance projects and assets listed on the binance smart chain- ecosystem including those on DEX? Thank you

  54. Cake tool is a cryptocurrency project that is passionate about helping cryptocurrency investors to make more money than they lose,you do this by providing them with an array of tools to analyze the market at any point in time, one of those tools is the “wallet tracker” please expantiate on the use cases of these tracker, what unique function does it offer that is different from other wallet tracker like blockchain explorer or blockcypher? How many wallets is it’s ability to track at a time? Talking also about your cake tool swap what features are in it? How can it help us make better trading decision?

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