AMA Satoshi Club x Secretum, November 27th

We are pleased to announce our next AMA on November 27th 2021 at 01:00 PM UTC Time: Satoshi Club x Secretum

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

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

Part 3: 300$ – A quiz about Secretum

For more details:
Secretum Website – secretum.io
Secretum Telegram – @secretum
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

50 thoughts on “AMA Satoshi Club x Secretum, November 27th

  1. Secretum introduces the concept of a crypto token, $SER as a utility instrument for communication on the platform and use of the $SER token is to enable messaging based on principles, one which is messages as transactions, where parties stake token in other to communicate with each and another, is spending SER for trading purposes. Can you elaborate more on staking of tokens to communicate and how it is done? can you briefly explain how $SER token is used for trading purpose? how can users acquire or Earn $SER Tokens? and lastly what are other use cases of $SER token?

  2. Secretum is said to be a revolutionary secure messaging and trading app. About your messaging feature;
    -I learnt that users can communicate with other users directly and anonymously. Does this include audio and video communication or just text communication? Apart from the anonymity, what other factors distinguish Secretum from the traditional messaging apps like WhatsApp and Telegram?
    -I also learnt that users/wallet owners can communicate with other users/wallet owners via just their wallet address. Is there a system setup to ensure that users can avoid unwanted/unnecessary/spam messages from other users?

  3. Secretum has a feature that allows crypto owners to be able to trade their assets. Can you explain more about this feature? There are many CEXs and DEXs that offers this too but they have some common problems. For example; the major problem of CEXs is that users give up control of their assets to the exchange’s servers which puts their wallet, assets and personal data at risk; the major problems of DEXs include limited liquidity and network congestion leading to high transaction cost. How does the Secretum trading feature evade or solve these problems? Will users be able to also trade non-fungible crypto assets on Secretum?

  4. I found out that users will be able to offer premium content to other users on public channels called Smart Public Channels (SPC) in exchange for payments via the $SER token. Will some types of content(for example; R18+ contents) be restricted? What are the requirements that users must meet to be able to launch a Smart Public Channel? Will users be required to pay any form of fee to launch a SPC? Will the owners/creators of Smart Public Channels have the full power to determine the price they charge for access to their content or will Secretum be involved in any form of price regulation?

  5. Hello and good day… My Question is mostly on your SECURITY (P2P).
    On your white paper, in Messaging Security – you said “The node-to-node communication protocol means all messages between users are stored on trusted nodes, directly on our Solana-based Blockchain network. Users can sign up exclusively with their wallet addresses, validated by the node network, while maintaining COMPLETE ANONYMITY.” And you also mentioned trading Flexibility, and also Allowing users to trade assets directly on a P2P basis, well i don’t quite understand how your platform allows Users to carry out Transactions ANONYMOUSLY without giving Room for scammers to cart away with honest user’s Assets, afterall it’s Completely ANONYMOUS. It’s quite Confusing.. Please can you explain how safe the P2P on your platform is? Thank you.

    1. How can anyone earn from Secretum. Can i trade the assets i get from Secretum. Do i need to pay transaction fees. Is there any gas fees. What will be the price of $SER in 2022. Can i hold the $SER for two or three years.

  6. In The Secretum Messaging Solution on your whitepaper,
    You said, Messaging apps have proliferated during the last decade, and the growth is expected to continue to an estimated 2 billion by the end of 2023, & popular Messaging app like WhatsApp, & Telegram do not address and solve the concerns of their users. SO, what i wanna know is that, is your platform offering partnership or solution to those popular messaging applications, or you plan to rollout and use your individualized platform which addresses and also carries out These new features Such as The decentralised, encrypted messaging and OTC trading Blockchain DApp that creates a completely new ecosystem
    which is the SECETRUM? & would $SEC token be used as the standard token for all transactions? Thank you

  7. People choose block chain to be assured about their anonimity, which as well come with a cost on block chain, I learn that for sending messages there’s a fee, but can the fee be reduced or is the team working on reducing the cost charge for messaging?

  8. Everyone is already used to the fact that tokens (coins) in blockchain are transferred by transactions (BTC, ETH). But you have created a special type of transaction for sending messages.
    Do you have necessary procedures and guidelines for new members to go through?
    To help them understand how this works?
    How can I put my cipher text into transaction on your ecosystem?

  9. I understand that the Secretum’s ecosystem is designed to promote a strong, long-term self-reliant economy and the main participants in the Secretum economy are the node validators and wallet users and are incentivized according to their task, contribution to the network with two types of rewards; Secretum protocol-based reward and Transaction commissions. I also understand that wallet users are Participants in the Secretum network for messaging and trading purposes. Can you elaborate on the Node Validators? how a user can become a Node Validator? And what are their entitlements as node Validators? Can you briefly explain this two types of rewards? and how they are distributed? lastly What tasks and contribution made a user eligible for these rewards?

  10. It is estimated that 75% of all SMEs have no cybersecurity plan and that 60% of small businesses that are victims of a cyber attack go out of business within six months and I also understand that Secretum is built on a three layer structures. What are some measures Secretum have put in place to help SMEs reduce risks of cyber attacks? And Can you explain on this layers of Secretum and their features? And lastly Do you have any plans to integrate and create bridge with other blockchains?

  11. Secretum is providing multiple examples of recent fraud cases in the entire crypto world stating that Secretum P2P messaging and trading app will be more secure. Could you explain in a nutshell what does Secretum app bring special that makes is more protected from hackers? Does the fact that your project is built on Solana gives you more advantages in the direction of security and data protection? Thank you!

  12. Secretum introduces the concept of a crypto token as a utility instrument for communication on the platform. Please confirm if the need to own a Secretum token is a requirement for users to get access to the platform. What are the main principles to enable messaging? Are there any additional services provided for extra fees (like creatin of private groups, broadcasting or any premium services)? Is it also a necessity to access Secretum marketplace? Thank you!

  13. You have stated that Secretum differs from other messenger applications due to the ultimate privacy. Is this the only reason for shifting to your app? Don’t you offer own features compared to similar applications such as WhatsApp and Messenger? Please deeply explain to the community about the user experience on Secretum. It is clear that your app is still not popular compared to traditional applications. Thus, I wonder whether both sender and reciever should have this app installed in their mobiles. Due to this issue, do you offer an option to send a message from Secretum to another messenger app?

  14. When I click on “Join Private Sale” button on your website, it directs me to my mailbox. Normally, private sale is not open for the general public. Contrastingly, can anyone participate in your sale? What should I include in my email body when requesting access to the sale? To allow me to purchase tokens from your sale, what type of facts do you consider? Please explain more details about your private sale including minimum and maximum purchasing limits, allowed crypto/fiat currencies and the platform, closing date to request access and the tentative dates for the sale.

  15. I noticed that users can pay with $SER and access premier services on Secretum app. Can you explain about the services available for premium members? Do users have to upgrade their account to premium after a free trial period? Does this mean that users cannot use your application for free for their life time? Nevertheless, when comparing your app with other similar applications such as Messenger, Telegram and WhatsApp, can’t we consider this as a drawback? These apps offer all the features for their users for free. When free options are available, why should users choose your app and pay for additional features?

  16. Secretum addresses the B2B, B2C and C2C customer segments in its users type, can you explain to us each segment of users you have and what are they all about? How do you determine the allocation of each users in the three segments? Most project find it difficult to compete their P2P trading with binance own, How will secretum protocol setup direct P2P trading and what are the likely new features that will attract traders to your platform?

  17. Part of secretum features is that it will make communication, file storage and transactions secure form hackers and government interference through a DEX. But before communication can start, we will like to know that we are sending messages to the right person and that the channel is safe. How will secretum ensures these conditions in a automated system and how fast will it be? Talking about identity sharing & assets trading too. What are the steps secretum will take to ensure limited risk as possible on untrusted networks?

  18. Secretum ckaumed to be the world’s first and only decentralised, encrypted messaging and OTC trading Blockchain DApp. With the unprecedented threats that have arise in the market, what will be the state of anonymous communication in your plaform, even with any other wallet owner owner in the world? Talking about content on public channels, how will you offer users to perform this to other platform users?

  19. SER will be rewarded to users who provide Nodes to secretum network,how can a user provide Nodes to secretum network to receive SER reward? How much SER reward will be given to a user who provide node to secretum network? generally there are 3 distinct types of nodes,miner nodes,light node and full nodes,which of these three nodes can a user provide to secretum network? Is there a specific amount of SER accorded to a user according to a node he provides or its same amount for any node provided??

  20. From your tokenomics 10%,4%,3% are distributed to Private Round 1,Private Round 2, Private Round 3 respectively, please what do you mean by Private Round 1-3, what are these Rounds, please explain as the idea of these rounds will give full understanding of how your tokenomics?
    Also in your roadmap Q4 2021, is your private sale,when will this be open for users in this Q4 2021? What is the requirements to participate in the private sale? How much SER will a user hold to be able to participate in the sale? Can a user use any other token or coun apart from SER token to participate in the sale?

  21. You said secretum is built upon three layers namely, blockchain, Nodes and Application, please what is the differences of these layers, what are their use cases in secretum network? Are these layers interconnected? Please can you give full details of these layers as, quote little detail was highlighted In the Whitepaper, thank you

  22. As a newbie,coming into the crypto industry, and being introduced to some projects/nft,I read from your article about your security/anti-cybertheft measures which states that___
    “Secretum offers solution to a fully encrypted, decentralised, P2P  messaging and crypto trading app built on the Solana Blockchain. By leveraging an innovative architecture, based on a network of independently verified nodes, wallet address-based messaging, and its own staking/rewards token, Secretum offers maximum security for communications, file storage, and crypto wallets” being a newbie, I randomly used few trading platforms to trade which had almost same safety/security measures as that of secretum and was yet scammed. So my question is how safer is secretum compared to such platforms? And how much of a guarantee can a user get of not being a victim of cybertheft while using secretum?

  23. Secretum in addition to its advantages as a messaging app, Secretum allows users to trade P2P fungible and non-fungible crypto assets in a cost-effective way, bypassing existing exchanges. How does your innovative P2P architecture work for trading of all fungible and non-fungible crypto assets without the need for an exchange? Which trading problems would this innovative architecture solve and in what way will it enhance users experience? What advantages does multiple user functionalities integrating communications and crypto trading on same platform offer users?

  24. In order to eliminate all points of failure and ensure safety, messaging history and files are held on anonymous, independent, and non-connected nodes on the Secretum network. Also the platform would becomes increasingly secure as it grows and expands its nodes. How does your anonymous, independent, and non-connected nodes work? Which format of data transfer do you employ since the nodes are not connected? How are these nodes validated ensuring security?

  25. Concerning your OTC trading Blockchain dApp,you mentioned that users can trade their crypto assets and tokens crypto P2P via an integrated ESC(escrow smart contract)functionality.So can you tell us how Secretum escrow smart contract functions/work?And will it cost users to pay any amount of token like gas fee in integrating an escrow smart contract when on P2P trading?What digital assets/fiat currencies do your support in your OTC desk?Does your OTC desk provides global coverage 24/7?If yes,kindly state which countries benefits more form it and which countries that are restricted from using your OTC dApp? Thanks

  26. Secretum aims to create global platform and ecosystem for all crypto wallet owners to trade, transfer data, and communicate between each other — all from a single place. In a time where digital life is almost consuming us, whereby users have to submit sensitive data, like name, date of birth, and phone number through your app, my question is how do you plan to solve privacy issue? Will Secretum provide an encrypted means of communication to avoid vulnerabilities? Apps like WhatsApp’s are often misused to spread fake news and misinformation.Several apps use personal information for unethical purposes.Facebook allegedly shared the data acquired from WhatsApp and Facebook messengers with advertisers,So What solutions do you have in place against cyber theft, privacy violations, and hacked personal data since they are getting more common? Thanks

  27. SER token is deflationary so its value grows with increasing platform adoption as such you have employ in your platform just one type of burning,transaction burning which is done after users have paid 100 $SER token for Smart Public Channels that offers paid content subscriptions to other users.20% of $SER is burnt after the transactions had been made.First,can you give a review of what the Smart Public Channels is all about?What smart contract have you employ that will automatically burn part of transaction fees?Since you have employ the token burn mechanism,can you tell us at what rate is $SER token supply reduce per block and per day?Will you in the future implement the buyback and burn mechanism?Please explain Thanks

  28. Hello! I saw users on your telegram group complaining about the legitimacy of your project, since there’s no info in Solana abut your project, and becose most users on your telegram group seem to be bots. What do you have to say about this? How can we trust your project after watching these compaints? And how can you prove your legitimacy?

  29. Their messaging system will be 100% linked to cryotographic activity, because they decided to create their structure based on Solana and not BSB, Ethereum, they are prepared to compete with WhatsApp and Telegram and improve the vulnerabilities that they still present, how their system works liquidity?

  30. Secretum’s capabilities and technology are strong and solid to achieve long-term sustainability and longevity, what are the contributions and benefits that its platform provides to achieve secure messaging and take a step forward in the NFT market, how can you cooperate to achieve a safer and more productive Defi ecosystem for its users?

  31. In a market so large, dynamic and demanding that Secretum is a next generation NFT trading platform; Tell us about that set of unique features that you offer to users, what is your opinion on the use of exchanges and why do you say that not using them increases the liquidity of the NFT market?

  32. It is well known that there are malicious users who seek to take advantage of anonymous connections to carry out fraud, so what measures are taken to minimize this type of acts on your platform?

  33. I have read that the SER token governs Secretum, so, for those of us who are interested in acquiring it, could you share with us what means we can use, if it can be purchased on your platform or on any exchange and please tell us, in how many ways we can generate more of these tokens through your platform?

  34. Nowadays there are very popular communication networks, such as whatsapp and Telegram, which can be said to be taking over the market, then, what makes Secretum competitive and can attract users who already use these media, that is, tell us a little of Secretum’s plans to attract users?

  35. How does Secretum differ from the traditional messaging applications that rule the market and tell us a bit about the use cases of Secretum in the blockchain environment, how it can be used to generate profits and if it is possible through staking and holdear to generate SER tokens?

  36. Secretum has partners; if so, I would like you to please share with us your partners, collaborators and/or sponsors if you have them and share with us your contributions to Secretum, if you do not have partners, tell us if you are looking for them and if so, what would Secretum bring to each partner you may have, also tell us how important do you consider partnerships in a project, do you think they are necessary?

  37. I read that Secretum offers maximum privacy through Blockchain and decentralization, but what can you tell us about security, what are the mechanisms, systems or technology that Secretum uses to maintain adequate security and minimize the risk of attacks and therefore minimize the risk of an inadequate image in front of the community?

  38. Comparing Secretum with some similar applications, you have highlighted some features including Anonymous sign-up and No user data collection. As per my understanding, some messaging apps have disabled these two features due to security issues. If you allow anonymous sign-ups and there will not be a user data collection, how to you track the chat history of a user if he engaged in an illegal activity? However, you have also highlighted that there will be a cyber bullying, spam and bot protection mechanism on Sectretum. How do you avoid cyber bullying when anonymous sign-ups are permitted? How do you take legal actions when you don’t have a user data collection?

  39. You have scheduled three private sales with separate allocations, 10% for the round 1, 4% for the round 2 and 3% for the round 3. Is there a special reason to plan three rounds? As a whole, you have allocated 17% from the total supply of $SER for private sales. However, the allocation for the public sale is only 2% from the supply. Why did you underestimate the contributions by community members? Further, you have allocated 20% for the development. This is also a considerable allocation. Please explain what kind of developments will be carried out and how these funds will be utilized.

  40. You have stated that your team members have been developing the Secretum platform over the last three years. Why did it take a longer time period as three years? What made their work hard? I read that there are experts in the fields of cyber security and crypto engineering in your team. Don’t you have any social media experts who can render a great service when designing the messaging app?

  41. I discoverd that private sale has stated in which positive responses have been going viral about the sale, but according to your roadmap, it was stated that after private sale, Blockchain Agnostic Architecture Beta Testing will commence but till now there is no information about the development yet, will secretum protocol be able to accomplish this dev in this quarter or the development is going on underneath? There are still two more dev to be done like BSC bridge support and dApp MVP but with the limited time left in this quarter, what is the probability that all these will be done without any error?

  42. In the SER token sale Metrics which has total supply of 100,000,000 Token generation, I discovered that there are three private sale round with 10,000,000; 4,000,000; 2,000,000,000 tokens allocation respectively but in your roadmap it was only given that private sale will be available once in the beginning of 4th quarter 2021, I want to ask since the allocation has been given like that for three round when exactly will all this sale commence? The purpose of it is to raise fund in which new projects like this will sell their cryptocurrency to investors at low price before adding liquidity to their token, can you now explain to the community why you choose to do this three times? Will the three round finish before you support BSC bridge
    ?

  43. A couple of days back, Secretum announced an update to its Token Sale Metrics for $SER. Secretum consequently split its Private Sale rounds to 3 with further price increases for each of round. Even as this move is welcomed by early investors, may we know the factors that necessitated this change, and can you briefly update us on the current Metrics with your Private Sale rounds? Also, since these changes were applied accross all Private Sale rounds, how about your Public Sale, was there also an adjustment to its Sale Metrics? Finally asides these listed economic setors, what other areas received an increase in token allocation?

  44. Reading through the outlined features and advantages of Secretum, I was particularly interested in Secretum’s ability to function as an Energy Efficient solution in today’s crypto transactions. Though this function was attributed to its PoH and PoS protocols, but there were no vivid explanations on how it effectively utilises these roles. Therefore can you carefully elaborate how Secretum would be the best and most preferred Energy Efficient and Cost Saving alternative, and why do you think such a function will improve adoption and choice of Secretum compared to other Energy compliant options currently available? Also, can provide us with a concise longterm green energy plan of Secretum?

  45. Its (P2P) security in Secretum provides multiple examples of recent fraud cases around the cryptocurrency world, in Messaging Security, said: “The node-to-node communication protocol means that all messages between users are stored on trusted nodes, directly on our Solanalo-based Blockchain network which indicates that Secretum’s P2P trading and messaging application will be more secure. Secretum what makes it so different from other applications and more protected from hackers? What would be the advantages that this project is built on Solana, how does this operating system security our data or information and investment?

  46. Secretum’s goal is to create a global platform and ecosystem for all crypto wallet owners to exchange, transfer data and communicate with each other, all from one place. So what will be the next steps to attack privacy issues? Will Secretum have or provide an encrypted means of communication to avoid vulnerabilities?

  47. Currently in the world of cryptocurrencies there are many scams, so it has become the main objective of Secretum to take a step forward in the direction of security, to make the market safer. How this platform could change the way of thinking of users? What guarantees can offer this platform to create a new vision for users to be interested and invest? What would be those security proposals that Secretum has to provide security to its investors and users?

  48. It is believed that the Secretum messenger on Solana is a killer for WhatsApp. Based on the Solana blockchain technology, the newest Secretum application was released as an alternative to such messengers as WhatsApp, Telegram, WeChat … How can this application compare with conventional messengers and how can it attract ordinary people who are not in any way connected with the cryptocurrency world? What makes Secretum safe, secure and easy to use?

  49. The success of any messenger is primarily in the number of its users. The number of potential users and the number of users who have a crypto wallet are incomparable. Do you plan to somehow attract users who do not have a crypto wallet, but who want to use Secretum? Some kind of bridge, perhaps?

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