We are pleased to announce our next AMA on December 17th 2021 at 07:00 PM UTC Time: Satoshi Club x Flash Technologies
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Flash Technologies Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Flash Technologies Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Flash Technologies
For more details:
Flash Technologies Website – flash-token.com
Flash Technologies Telegram – @flashtechnologiesspeak
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Flash Technology (Rewards) you did said every holder of Flash Token will receive (5%) rewards in BUSD on each transaction. Does this reward (5%) in BUSD on each transaction for holder of FLASH Token been issued across board irrespective of the amount or number of FLASH Token hodl? Are there fee payable such as gas on each transaction? If yes, could you please tell us the cost of gas payable by a holder of Flash Token on each transaction? where can we purchase your recharge cards? And what is the price for one?How long does your recharge cards last? Finally, How many transactions would one recharge card of FLASH Token purchased be used before one could purchase another? Please explain to us
I learnt that being a simple holder of the $FLASH token gives users voting rights and the ability to influence decisions such as listing of FLASH tokens on your future DEX or how to use allocations. Can you give more information about your governance mechanism? Will users be required to hold a minimum amount of $FLASH tokens to have these governance/voting rights? Will the voting power of a $FLASH token holder be proportional to the amount of $FLASH tokens he/she is holding. Apart from the governance/voting rights, can you mention other functions/use cases of $FLASH tokens?
While going through your website, I found out that there is a feature of Flash technologies which is called the “Flash top-up card”. Can you give more information about this feature? What are the characteristics/functions of these Flash top-up cards? How does these Flash top-up cards contribute to the the Flash technologies ecosystem and how does this feature benefit the users of the Flash technologies platform? How can users get these Flash top-up cards? Are there any requirements to be met in order for users to be able to use this feature?
You created flash tech to be the first network of decentralized payment in the world from cryptocurrency to cash and opposite through partners all the world. Presently, there is a scammed Falsh token going viral in cryptocurrency market in which alot have been a victim of the token, and I heard that the official launching of Flash token will hold on the 18th December 2021 at 19:00 UTC, can you provide us with legit informations on how the launching will be and where are we going to get info about the launch on that day? You also plan to change your logo to avoid copyright lawsuits, can you give us latest development about it?
Flash technologies project has the objective to allow his users to exchange directly their cryptocurrency for cash via BUSD which will relieve users stress from sending cryptocurrency to a centralized exchange, then transfer it to bank account. I want to ask how will your system reduce the length of that process? You are planning to bring exchange of cryptocurrency to cash in your platform, since your platform is a decentralized platform where users will have control over everything, How will you ensure security for a proper transaction between banks and your DEX? This will attract hackers to your platform with this feature, how will your system monitor this without KYC? You also plan to make partnership with a bank, which type of them are you planning for?
Flash project aims to allow its users to directly exchange their cryptocurrencies via $ BUSD in cash with the possibility of exchanging fiat for cryptocurrency and vice versa. You provided a card called Flash Recharge Card for users which will be available with your partners everywhere, I would like to know the functionality of those card? If those cards will be available with your partners, can you disclose them to us ? For the sake of users with no cryptocurrency on exchanges, is there possibility for crediting their account directly with these cards?
I learnt that users will incur a huge tax rate of 15% on every buy and sell transaction. Can you give more information about this? Why did you decide to set the buy and sell tax at 15%? Can you give a detailed explanation on how this buy and sell tax is used or distributed in the Flash technologies ecosystem? Since this buy and sell tax is quite high, what the measures put in place to encourage users to buy and hold $FLASH tokens? Can you mention the benefits/incentives that users/holders of $FLASH tokens will enjoy?
Flash Transfer is the Major Project of Flash technologies and its Aim is to bank people who do not have bank account or who wish to free themselves from traditional banks. Can you elaborate more on the Flash Transfer project? What are the features of the Flash transfer and how can user access and make use of its full features? Can you explain how flash transfer will bank people who don’t have bank account?
In your whitepaper you mentioned that influencers will have a special reward affiliating system. Can you elaborate on who you regards as influencers in flash technologies? How can enroll and become influencers in flash technologies? What are some benefits and incentives which these influencers are entitled to? in conclusion, can you elaborate on the reward affiliating system designed specially for influencers?
When I try to access the Google application form for your Whitelist procedure, I saw that it is closed now. Unfortunately, I have missed a great opportunity. Did you get the expected number of appications for the Whitelist process? What will be the next best chance to purchase your tokens? Will I be able to buy before it get listed on an exchange? Further, I noticed that there is a 15% fee associated with your tokens. Is this fee applicable to every token purchase even if we buy on an exchange? Won’t you reduce this fee with the development of the project? Are there any methods to reduce the fee such as purchasing a higher amount of tokens and using a refferal link?
You have allocated 5% of each token transaction for BUSD rewards. Explaining about this allocation, it has been stated that token holders will receive BUSD rewards from these funds. When distributing rewards, what type of factors do you consider? Have you introduced any tiers related to the holding amount of tokens? To get better rewards, do we need to hold more tokens? Please explain how do you maintain the transparancy of this distribution process. Will users be able to know how their rewards have been determined? Why did you decide to offer rewards in BUSD instead of using your own token?
I am curious to know why one of your co-founders and some members of the team have decided to be anonymous. Generally, the whole team publish their details or remain anonymous. However, it seems some members of the team have taken a personal decision not to publish their details. How do you assure that there won’t be any issues when they take common decisions related to the project? Will they be able to work as a team for the success of the project without giving priority to their personal ideas? Moreover, where can we find more information about past experience and projects of your team members?
I have read that transactions within the Flash Technologies ecosystem have a 15% fee. This caught my attention and that of many users as well, since it is a high percentage for a fee, compared to other projects. Can you explain in detail how that 15% fee will be distributed for each transaction? Is there a part of that 15% that will be used as a reward for FLASH token holders? If the answer is affirmative, how much will be the percentage that will be distributed to each holder as an incentive? And how will the rest of the percentage be distributed? What exactly will it be used for?
I understand that Flash mission is to replace a Bank Account and to transfer crypto, it will be necessary to create an account on the site. To withdraw my $BUSD in fiat, all I have to do is go through a Flash Transfert partner. I can buy Flash directly on the website with a bank card with cash from our partners. What are the benefits of saving my assets in your platform? Is there a limit to the amount of tokens I can save in your platform? Why use bank card since you intend to replace bank account? How does one locate a flash transfert partner?
In your website you said individauls can directly buy a prepaid card to top up their accounts on flash transfer via the website or at a point of sale. Can you please elaborate more on the these prepaid cards? What are the range of their prices? Can you share us locations to where we can purchase these prepaid cards offline? Thank you
The Flash project aims to allow its users to directly exchange their cryptocurrencies through $ BUSD in cash, with the possibility of exchanging fiat money for cryptocurrencies and vice versa. Through what tools does this type of exchange take place? What balance can I credit to make the exchanges? Are there intermediaries to fulfill this transaction? How many types of card do you offer? So far how many wallets are there?
I read from your white paper that People will be able to purchase other cryptos such as ETH, BTC, BNB with FLASH RECHARGE CARDS. You also noted out that the minimum top up amount is $10 and the maximum amount is $100. Can you tell us Why did you make the minimum top up amount to be $10 and $100 as the maximum top up amount in a case where the user might want to top up with larger amounts because he has or top up with the little which he has? Do you have plans on readjusting these top up amounts in the feature? On your website, What are the maximum amount cryptos we can pay for with FLASH RECHARGE CARD? What are the advantages of FLASH RECHARGE CARDS? What are your plans and approaches to gain main stream adoption? Thank you.
From your white paper, you noted that after transaction has occurred, the user account will be immediately credited in FLASH on the FLASH app. Can you in approximation,tell us at what speed does the flash token enters my wallet immediately I successfully finish making transactions in my flash app wallet? How user friendly is the flash app? What are the extra security features in the flash app in order not to lose assets? Thank you.
Flash will create another website called “FLASH TRANSFER” the reason is to simplify the process of purchasing Flash, meanwhile users will have to register before accessing the site.can you give us the details of the content of these website? What exciting features will it have to simplify purchasing of flash? Since users have to register before accessing the site, can you kindly explain the registration process/ the requirements involve in registering?
You want to creat or introduce NFT platform into Flash platform so that users can monetize while using the platform, can you tell us more about this proposed development you aim to introduce? Do you maintain a criteria to selecting quality NFTs? If so Where and how can users buy NFT items? Do you plan of owning an NFT marketplace? What is the least amount an NFT item can be bought for? Where can users start trading your token now? Can you explain more?
Simply holding flash token will give uses voting rights and the ability to influence decision such as listing of flash tokens on flash future DEX on your use allocations(burn,buyback and so on) can you elaborate more on your proposed governance features? How will your governance tokens utilities be quite different from other platforms? What is the minimum flash token can a user hold to have voting rights?
You mentioned that being a simple holder of $FLASH users will be able to participate in voting.So can you specify to us the Amount of$FLASH those who wants to participate in your governance should hold?Will voting be done once or the more a user hold $FLASH the more chances he/she will have to vote?Can you tell us what users will actually vote on in your platform?Apart from form voting,will you in the implement Staking/Farming in the future?Please provide more info on your voting system Thanks
From what I read in your website,I notice you where to have 2 Wallets in your platform,your Marketing Wallet and BuyBack Wallet but they are not yet activated or used.So tell us why they are deactivated and not in use?When do you plan activate them?For the BuyBack Wallet,when its finally activated how will users benefits from it? Please Explain Thanks
With traditional bank transfers, a user’s data is more vulnerable because it is stored in one place and therefore more vulnerable to incidents of cybercrime.So since users are to make transfers in Flash Technologies using your website with their data there,how will make sure that no cybercriminal can attempt to steal users data?Also knowing not everyone who hears about cryptocurrencies fully understands how they work or what advantages they offer with respect to money transfers,so how will also ensure that non-tech savvy individuals in middle and low-income countries do not find it difficult to understand how transfers are done through Flash since you aim to give people access to bank all over the world?Please explain Thanks
Tell us about the additional services that Flash offers and about the mechanisms for obtaining returns; where, when and how will the safe and transparent process to buy sys tokens be?
Exchanging fiat money for cryptocurrencies and vice versa can be a bridge between decentralized finance and traditional finance, consider that at some point this will be a mandatory feature in all cryptographic projects, from when the Flash recharge will be available and how it will be its operation and distribution?
There is only one day left for its launch, what is the current price and what are the predictions and estimates of the price of your token after this event?
FLASH is a deflationary token which will allow anyone and everyone to make instantaneous transactions all over the world at low cost, which is very recommendable. For a project with such plans, an audit would be very important to gain the trust of potential users. What is the status on that? Has an audit been done or is it in the works?
Also, what are fees/charges structure proposed for the various methods of transactions/payments as it involves Fiat? Finally, what are the plans for token buyback and burn, if any?
Thanks.
I found out that you encourage users to hold the FLASH token in the long term, since you offer 5% rewards to FLASH token holders in BUSD tokens. This caught my attention since you reward users in a currency other than the Flash Technologies platform’s own token, which is called FLASH. What are the reasons behind deciding to distribute the rewards in another token, and not in the FLASH token? What are the disadvantages of distributing rewards using the FLASH token? From your own perspective, of course.
Since Flash objective is to allow users to exchange their cryptocurrency for cash instantaneously and vice versa this will become extremely attrative to many users who would like to make it fast, cheap and keeping their anonymity. In this sense your product Flash top-up cards might be a perfect solution. Flash states that these will be available as well with you and with your Partnerships in order to allow you to load your account(s) on our website without the intervention of a 3rd party. Could you explain step-by-step how the flash cards will work? Will the service coverage be enough to provide the service to everyone? And the last thing is how do you plan to keep anonimity and at the same time work in line with local country regulation if the regulation might oblige to reveal users info? Thanks!
Flash is also planning to provide rewards for executed transactions in form of cashback (i.e FLASH tokens). Would it be afterwards possible to stake within your platform? What are the other usercases of Flash tokens? Could you also provide the % of cashback for every transaction executed? Will it be higher than the taxes or gas fees applied? Thanks!
Your launch is tomorrow, congratulations! I’d like to know what features or products will be available immediately after launch? Will we be able to use your crypto-to-fiat services? Or will it only be a token launch? In any case, please let us know what will be the requirements to use your products, and what would be the fees to use them. Thanks!
On your website you mention that the Flash buy back wallet is currently disabled, considering that transparency is very important for a nascent project like yours, could you tell us the goals you hope to achieve to finally enable the deflationary mechanisms and the wallet of your platform? Could you share with us the route to follow after the launch of the token?
I would like to know why we should replace our bank accounts by using your Flash Transfer feature, how will this decentralized system connect with real finances? Will it be possible to withdraw cash and fiat money to our centralized bank accounts?
As you mention it, being a simple holder of the token gives us voting rights and the ability to influence decisions within the Flash Technologies ecosystem. Regarding the voting power of each user, some projects prefer that it depends on the amount of tokens that each user owns, while others give equal voting power to all users regardless of the amount of tokens they own. What will the voting power of each of us depend on within the Flash Technologies platform? Which of the two methods do you think is the ideal method for the governance of Flash Technologies?
Going through your roadmap, I noticed some pretty interesting events planned for the first quater of 2022. They include a visit to North Africa to develop the partnership of the Flash Transfert Project and also the launch of what referred to as Secret project and more. Been that we are currently approaching Q1 2022, can you briefly elaborate on these plans; what is “Flash Transfert”, and why was North specifically chosen for the development of this product? Can you also let in on some of your current partnerships and collaborations, how will they be vital to your project expansion?
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Going through your roadmap, I noticed some pretty interesting events planned for the first quater of 2022. This includes a visit to North Africa to develop the partnership of the Flash Transfert Project, and also the launch of what is referred to as a “Secret project”. Been that we are currently approaching the start of Q1 2022, can you briefly elaborate on these plans; what is “Flash Transfert”, and why was North Africa specifically chosen for the development of this product? Can you also let in on some of your current partners and investors, how are they vital to your project’s growth & expansion?
From careful study of your whitepaper, it makes mention of the proposed creation of your very own NFT platform. Though I tried sifting through the information contained therein, but unfortunately, much isn’t provided on this subject. Therefore, can you use this medium to properly elaborate on the Flash NFT Platform, what would be its features and what sort of items, contents and transactions would be available and performed on the platform? May we also know the expected timeframe for which the NFT platform would go live?
I have read that the $Flash token represents all Flash Technologies projects, but what are the use cases of $Flash inside and outside the project, tell us a little about the differences that has this token with respect to others, what will be your strategies to promote it and get many people to buy it and taking advantage of this last question tell us, where we can buy $Flash tokens, what is its current value and how many ways to generate $Flash tokens currently exist?
I read in your roadmap that in Q1 2022 you plan to send the Flash Technologies team to North Africa to develop the Flash Transfert project partnerships, so could you give us details of this project, what is its objective, mission, vision and importance and how many partners are you looking to secure from North Africa?
I understand that Flash Technologies is the name that represents all Flash projects, but how many projects do you have, what is the main focus of each of them or what is the range of problems you want to solve, tell us what are the benefits/opportunities it brings to the community and what do they need to do to participate with you?
every project requires to maintain a certain degree of security, that is why as a user, one of my main concerns is always to find out how secure and reliable is the project in which I want to participate, so, what can you tell me about it, what is the degree of security of Flash Technologies, how much has been invested in this important pillar, tell us a little about the security measures you have implemented and the internal or external audits you have done to verify such security?
Flash technologies project has the objective to allow his users to exchange directly their cryptocurrency for cash via BUSD which will relieve users stress from sending cryptocurrency to a centralized exchange, then transfer it to bank account. I want to ask how will your system reduce the length of that process?How does these Flash top-up cards contribute to the the Flash technologies ecosystem and how does this feature benefit the users of the Flash technologies platform? And Flash token plans to change their logo please to avoid copyright lawsuits, can you give us latest development about it? And I will also like to know the functionality of those card? If those cards will be available with your partners, can you disclose them to us ? For the sake of users with no cryptocurrency on exchanges, is there possibility for crediting their account directly with these cards?
Flash objective is to allow users to exchange their cryptocurrency for cash instantaneously and vice versa this will become extremely attrative to many users who would like to make it fast, cheap and keeping their anonymity.Tell us about the additional services that Flash offers and about the mechanisms for obtaining returns; where, when and how will the safe and transparent process to buy sys tokens be?What are the reasons behind deciding to distribute the rewards in another token, and not in the FLASH token? What are the disadvantages of distributing rewards using the FLASH token? From your own perspective, of course.