Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Volt Inu Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Volt Inu
For more details:
Volt Inu Website – voltinu.in
Volt Inu Telegram – @VoltInuOfficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Zebec and our guest was . The AMA took place on the 31st of January.
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹
| Satoshi Club
Hello Dear satoshiclubers, welcome to another AMA session
Pavel P
Hello everyone and welcome to our AMA session with Zebec!
Jonah 🏅🎹
| Satoshi Club
Its our pleasure to welcome our guests from Zebec
@gautamsubash, @Sam_thapaliya
Hello welcome to Satoshi club
Pavel P
@gautamsubash, @Sam_thapaliya, welcome to Satoshi Club!
Subash Gautam
@Pavel_Jarosh ; thank you. pleasure to be here.
Jonah 🏅🎹
| Satoshi Club
How are you doing?
Sam Thapaliya
Thank you everyone here for having us. We are very excited
to chat.
Pavel P
Pleasure for us to host you!
Jonah 🏅🎹
| Satoshi Club
We are excited for this AMA as well
Subash Gautam
We’re good. Hope the Satoshi Club community is doing great.
Jonah 🏅🎹
| Satoshi Club
We are doing very fine
Let’s start our AMA
Jonah 🏅🎹
| Satoshi Club
Can you please introduce yourselves to us, how you got into
crypto, and how Zebec started?
Subash Gautam
Sure. I am Subash, I am the Head of Growth of Zebec
Protocol. Read the Bitcoin whitepaper in 2015 and quickly got attracted by the
technology and vision. That’s how i got started in crypto.
Subash Gautam
@Sam_thapaliya ; would like to go about how Zebec started?
Sam Thapaliya
Hi everyone, I am Sam Thapaliya. Founder of Zebec Protocol. I have been in tech since I was 15. I have started few companies and my previous company we are doing deep research in AI where I was developing Algorithm that was used by large Video streaming companies. I have few patents in US.
I got into Crypto in 2014-2015 when someone gave me small
amount of Bitcoin and I realized that it is going to open a completely new
world.
I started Zebec after I realized payroll and salary in the
world runs slow and people are not getting what they deserve with work.
Hence , we created Zebec to make payroll and salary
assessible to employees every second.
Jonah 🏅🎹
| Satoshi Club
Great Background guys
Jonah 🏅🎹
| Satoshi Club
Can you tell us a little about what Zebec is all about?
Sam Thapaliya
Zebec’s unique programmable and continuous money stream
protocol makes it simple for anyone to send and receive cash up to the second
for investments, payments, subscriptions and more. Zebec Pay, Zebec’s initial
application, is the first tax compliant, on-chain payroll processing system
enabling employees to be paid by the second — in USDC or other stablecoins —
and immediately use their money. As a DeFi native model that offers the best
payment solution for DAOs, crypto projects, Web3 and the metaverse, Zebec is
built on Solana for ultimate scalability, speed and low transaction fees.
Sam Thapaliya
Instead of receiving your salary every month. Zebec enables
you to have that every second in your wallet. No 1 monthwait no extra fees.
Instantly Infront of you in real time.
Pavel P
So the usecase is both for individuals and businesses?
Sam Thapaliya
Absolutely, it’s for both.
Not just that Zebec is spearheading the evolution of how
money is moved on the blockchain. Unlike traditional financial settlement
systems that move money on a one-time basis and require intermediaries who
charge fees and take multiple days to process transactions, Zebec’s streams can
be started instantly and programmed as the user wishes.
Jonah 🏅🎹
| Satoshi Club
This is indeed a great Initiative , we will like to learn
more about Zebec as we proceed.. are you ready to proceed to our community
questions?
Pavel P
Community questions will surely let us know Zebec in details
Sam Thapaliya
Let’s do it.
Pavel P
Let’s check the 1st one!
Pavel P
Q1 from Telegram user @Modrumz120
From your website, i understand that Zebec’s near-term plans include getting the product out, a private sale in December and a public sale in February, Thapaliya said. The company is also gearing up for its SHIP 2021 hackathon, sponsored by the Solana Foundation, which encourages developers and hackers to build products on the protocol. Can you tell us how you plan on getting these products out and the requirements needed for users to be able to participate in such, can you elaborate on how you plan on making your private sale in December and your public sale in February? Thank you.
Sam Thapaliya
We shipped out 4 product which are in beta in last 3 months.
We launched first money streaming platform on Solana.
We launched first
programmatic money streaming on Solana.
Also launcher first multi-state wallet on Solana.
We just closed our private sale which we will announce soon.
We are planning toward our public sale next month.
We will announce plans for IDO, IEO mid next month.
We did Hackathon where we had 261 projects where 21
companies are being built on top of Zebec.
We will see at least 100 companies built on top of our
protocol for various things this year.
Sam Thapaliya
We will have a whitelist + various event via Exchanges for
public sale.
Pavel P
Great numbers so far!
Jonah 🏅🎹
| Satoshi Club
A lot of great products here
Pavel P
So, I guess, the details of upcoming IDO, IEO and public
sale will be soon available on your public channels?
Sam Thapaliya
Oh yes that is our plan. We are coming up with intresting
style for our IDO.
Pavel P
Please tell more about it
Pavel P
At least, give a hint to our community
Jonah 🏅🎹
| Satoshi Club
Yes and also talking about the Whitelist, how can users
participate to become whitelisted?
Sam Thapaliya
We are doing IDO in our own website + 2 other IDO platform.
And we have plan to work with 2 centralized exchanges firms
on this.
Sam Thapaliya
We will select 1000 most engaging users/community for 50% of
public sale and rest will be first come first basis
Pavel P
Satoshiclubbers, please make sure to follow Zebec’s official
social media!
Pavel P
Thank you, guys for your answers!
Jonah 🏅🎹
| Satoshi Club
Great opportunity, community first
Jonah 🏅🎹
| Satoshi Club
Ready to proceed to the next question?
Sam Thapaliya
Let’s do it.
Pavel P
Q2 from Telegram user @MudaraSilva
I have heard about plenty of platforms that pay for activities such as ad-clicking, video streaming and reading emails. However, users cannot generate a decent income using this type of sites. Zebec also pays for streaming. Compared to the data charges, can we get a considerable return from your platform? Please briefly explain about your rewarding system. How long is a normal video on Zebec? What are the important factors that we have to keep in mind when streaming a video? In addition to streaming, do we have an opportunity to diversify our income on Zebec?
Sam Thapaliya
Zebec is not a video streaming platform. We are money
streaming platform.
So, in YouTube and other Boomer video platforms you are
shown horrible ads and experience is not good any time but using Zebec you can
create new type of YouTube/Netflix where you can pay for only seconds of video
watched. If Pavel is watching a video in Netflix instead of Paying 13.99$
upfront. He can only pay ok only for the seconds of video. It saves money and
it monetized the platform without click bait content and ads.
Jonah 🏅🎹
| Satoshi Club
This is exciting, do the individual creators de ode on what
this rates will be?
Sam Thapaliya
Yes, you can charge 1$ a second or 0.001$ per second. Infact
you can create a new type of social media where instead of Play to Earn you can
have watch to earn. More video consumer watch more money they get.
Imagine, Axie infinity but for Videos.
Zebec has 10000+ different use cases in the world and it
will transform how we think about money and creator Economy and money transfer
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Jonah 🏅🎹
| Satoshi Club
Ready to proceed to the next question?
Pavel P
Nice attitude!
Sam Thapaliya
Thank you ser.
Let’s proceed to new questions.
Pavel P
Q3 from Telegram user @Meta_MateX
You call Zebec Pay as a low-fee, pay solution that enables employees to be paid by the second — in USDC or other stablecoins — and immediately use their money. Zebec Pay financial services include: Automated Dollar Cost Averaging, Investments & Yield-Farming, Crypto IRA & 401k Accounts & Free fiat On-Ramp & Off-Ramp. Could you provide a short description of each of these services, tell us how they simplify living for users and share their cost? Thanks in advance!
Sam Thapaliya
Absolutely.
Using Zebec from next month users can buy Sol , Btc over 1
month so that they don’t have to worry about price. They get average price of
day/month/year. As our system buy small amount of Sol every second for you.
You can receive your salary in your own way.
10% in Sol, 10% eth , 10% BTC and 70% in USDC or Dogecoin(up to you )
Via Yeild Farming someone who is receiving 10,000$/month
will receive money faster hence they get not 120,000$/ year rather
144,000$/year as they get 20% apy so we make Employees 20% extra money every
year.
You will be able to buy anything in real world via our debit
card as we provide free onramp and offramp. Imagine going to Starbucks and
buying 1 Cup of Coffee from Salary you made 10 minutes ago.
You will be able to instantly money money from your bank
account to Crypto and crypto to debit card seamlessly.
In US and various countries there are Taxes coming for
Crypto but via Zebec crypto 401K they don’t have to pay fees when you make
return on Crypto.
Jonah 🏅🎹
| Satoshi Club
Is this apy for yield farming fixed at 20%?
Sam Thapaliya
We are trying to give at least 20% it will hover 15-25%
Jonah 🏅🎹
| Satoshi Club
This is great
Thank you for your answers
Ready for the next question now?
Sam Thapaliya
Yes ser
Pavel P
Q4 From Telegram User @Rozielyna
Zebec Pay is redefining payroll for the 21st century, Where for the first time employees can be paid instantly, by the second, without having to wait days or weeks to be paid. I learnt that one can also use the Zebec protocol for streaming payments. What are the benefits of using the Zebec Protocol for streaming payments? Can you please explain the steps in involved in getting started with the Zebec pay? Is there a maximum or minimum amount required to create the stream payment account?
Sam Thapaliya
Using Zebec now you don’t have to pay for services upfront.
From your Electric bill to rent to even AWS cloud expenses.
One-day, everything will happen in real time with highest
capital effectiveness. There is no maximum amount and minimum amount. You can
send me 1 Sol over next 1000 years
Pavel P
We can say – no limits!
Jonah 🏅🎹
| Satoshi Club
In a bid to improve your services what platforms have you
partnered with?
Sam Thapaliya
Totally
Sam Thapaliya
We have partnered with Chainlink, Solana, Visa , Serum and
soon we will announce 10+ partnership with fortune 1000 companies of the world.
Pavel P
Will the country of residence be important for those who
decide to benefit from Zebec? I mean, have you faced any restrictions for using
Zebec Pay from any perspective?
Jonah 🏅🎹
| Satoshi Club
An important consideration
Sam Thapaliya
Unlike most of crypto companies we have clear utility in
real world. Except for countries where crypto is fully banned Zebec can do full
tax filing starting in US. But anyone in the world can use Zebec’s money
streaming platform.
We help solve problems like pay day lending where loan
sharks charge 1000% intrest rate for giving short term loans so we have see
many big firms supporting our project.
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Jonah 🏅🎹
| Satoshi Club
Ready for the 5th question?
Pavel P
Thank you for the explanation!
Sam Thapaliya
Let’s do it
Pavel P
Q5 From Telegram @iceVermithraxx
Going through your roadmap, I saw that you started an international hackathon last year and You recently announced winners of this hackathon but I also saw another upcoming hackathon event. Can you explain on your hackathon events and how Users/projects can participate in this event? also By Q1 2022, you have some planned integration with SaaS and DeFi service, can you share more information about these planned integrations? Has any integration with DeFi/SaaS been implemented yet? With NFT becoming popular in CryptoSpace, do you have any plan to introduce NFT into Zedec Protocol soon? Lastly, With Zedec Protocol built on Solana Chain, are there future plans to support different Blockchains Network?
Sam Thapaliya
This is a long question but let me try my best haha
Pavel P
Absolutely, take your time!
Sam Thapaliya
Last year we saw a great results with 260 project now. We
will launch hackathon with much larger prize money and also a launch pad for
all companies who are using Zebec to build their product.
We will give 1M$ in Prize as investment to people building
companies on top of Zebec.
We are integrating with Visa and Serum and Tax platforms
right now.
Sam Thapaliya
Zebec is also launching a nft sdk where a set number of Nft
is released every second/hour/minute over some time.
We are also creating nft mint auction. Whoever can stream the
money longest will get the nft.
Jonah 🏅🎹
| Satoshi Club
Are the details for the next hackathon out yet?
Sam Thapaliya
We love Solana infact my mother named our new dog Solana
that’s how much we love them we don’t have that much of plans for other chains
unless customer wants them
Sam Thapaliya
Next month we will announce that. We expect 500+ project and
we might increase prize to 2m$
Jonah 🏅🎹
| Satoshi Club
Awesome..
Jonah 🏅🎹
| Satoshi Club
This will be a huge one
Pavel P
My cats are called Luna and Cosmos
Pavel P
But that’s just a coinsidence
Jonah 🏅🎹
| Satoshi Club
Thank you for your Superb Answers
Sam Thapaliya
Yeah pretty interesting haha
Sam Thapaliya
Haha thats Soo cute
Jonah 🏅🎹
| Satoshi Club
Ready for the last question of this part ?
Sam Thapaliya
Let’s do it.
Pavel P
Q6 From Telegram User @ItsMelissa3
As I could read in your roadmap, for the third quarter of 2022 the decentralization of Zebec will take place. A very important event and expected by the entire community. The launch of the DAO is planned for the third quarter of 2022, can you tell us if you also plan to launch a new token that will be used for the governance of Zebec? Regarding this DAO, what are the parameters that can be modified by the community of Zebec holders? How are the preparations going for this DAO? Why did you decide to implement governance in the third quarter and not before? Is there any specific reason?
Sam Thapaliya
We are launching token in Q1 and it’s normal for projects to
take 6 months before launch of the DAO.
Also, we need foundation that can incentivize developers to
build on top of Zebec.
Community can change what to do with Tresury
Community can change fees
Communitu can fire team members with community Proposal
Jonah 🏅🎹
| Satoshi Club
Are the details of your token ready yet?
Jonah 🏅🎹
| Satoshi Club
By this I mean the Tokenomics
Sam Thapaliya
Yes we do
Jonah 🏅🎹
| Satoshi Club
Can you please share with us
Pavel P
Before we proceed to the second part of our AMA, please also
share your useful links
Satoshiclubbers, please join Zebec for this revolutionary
experience!
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers in this first part
Pavel P
Thank you for your answers during this 1st part! Now we
ready to let our community ask their questions LIVE
Pavel P
We will open chat for 120 sec. When it is closed back –
please choose 10 questions to answer
Pavel P
Keep better on your chairs!
Sam Thapaliya
We are ready
Pavel P
We wave of questions will be unstoppable!
Pavel P
@jonahapagu, please open the gates!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Nadakinda
Zebec yield farming is not completely explained?
Sam Thapaliya
We have embedded major Yeild aggregator in back to create that
Q2 from Telegram user @jacobsjohn13
Recently, You have Organised the “ZEBEC’S GLOBAL HACKATHON” , Can you tell me how does this HACKATHON Went and What Feedback You have Got From the Community ?
Sam Thapaliya
We had great success with 250+ projects being developed. More people want to build projects with Zebec.
Q3 from Telegram user @centoscu
Only creating a project with great properties is not enough for success so do you have any partnerships to grow together?
Sam Thapaliya
We signed with world’s largest Fintech company while we were on beta. We are designed for singing partnership
Q4 from Telegram user @Kushal85127939
Please share some information on Zebec NFT sdk? Is there any guide book to assist the developers, artist or non Crypto Background person?
Sam Thapaliya
If you are a great developer reach out to us in discord with a plan for this project. We would like to give you a small grant to launch this company
Q5 from Telegram user @tomo_fan
As “Zebac Pay” is your first application, Can you please State its features? Other than USDC, What stablecoins will be accepted?
Sam Thapaliya
We love USDC . But USDT, UST, DAI and FRAX all are featured
Q6 from Telegram user @JaviSuBs
Many Defi protocols had cyber attacks last year. I would like to know how safe our data and assets will be on your platform? What is your security system? Is Zebec a project without restrictions of any kind open to any country in the world? Is KYC verification required to participate in your project and be able to obtain the debit card? Is the card and Zebec associated with VISA?
Sam Thapaliya
We have been audited by 4 companies. And we have major way to protect users funds
Q7 from Telegram user @Jonathantross
There are Already Varieties Of Protocols In the Market , So Why Users Should Use the ZEBEC PROTOCOL , Can You list 3 /4 Primary Benifits of it ?
Sam Thapaliya
No fees Can file taxes Has debit card More secure Doesn’t lock your money Yeild Multisig
Q8 from Telegram user @tomiokaib
Zebec allows direct and instant settlement of financial transactions between the parties, without the need for intermediaries. Could you explain to us how you manage to achieve this and thus displace the traditional financial system?
Sam Thapaliya
We have a system via a PDA to acheive this feat. Where we are able to create micro transaction without any cost
Q9 from Telegram user @Val_Blaz
Hey there I WANT TO ASK THAT WHY DID YOU USE THE #SOLANA BLOCKCHAIN TO BUILD YOUR PROJECT? (Their recent outage is becoming alarming) THERE ARE SO MANY OTHER BLOCK CHAIN
Sam Thapaliya
There has been only 1 outage with Solana. As an 18 months old company they have done more transaction than every other Blockchain combined with small fees.
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from NOMADLAND and our guest was . The AMA took place on the 28th of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with NOMADLAND! Welcome to Satoshi Club
D. | Satoshi Club
our guests today – @alexsuciu78 and @cristi7sirbu !
D. | Satoshi Club
Hello guys!
Alex Suciu
Hello everyone, thank you to all Satoshi Club members for
participating, I am happy to be here
with you today!
D. | Satoshi Club
happy to have you here
Mary | Satoshi Club
Welcome here
How are you today?
Alex Suciu
Good, we are as usually working on our great project, NOMADLAND game
D. | Satoshi Club
Nice
Mary | Satoshi Club
Oh, we understand! A lot of work . I
am happy that you find time to visit our group and… Let’s start our AMA
Mary | Satoshi Club
Today we want to learn about NOMADLAND as much as possible
and will start with introduction part
Mary | Satoshi Club
Alex, could you please introduce yourself and tell us more
about NOMADLAND!
Alex Suciu
I am Alex, CEO of NOMADLAND.
I have over 20 years of experience in software development,
I have participated in numerous international projects that have allowed me to
gain extensive experience in IT
Together with my
partner Cristian our Head of development – we have more then 5 years in the
Crypto space and we are very enthusiasts to put together our all experience in
order to make a great success from our NOMADLAND project.
Alex Suciu
And about the NOMADLAND project here is a short intro
Alex Suciu
Nomadland is an Action RPG & strategy game built on
Unreal Engine, BSC blockchain based
Players are invited to discover the Nomadland Island, buy
land, build farms , produce mystic flames, battle epic monsters and carnivore
plants, capture and train the captured monsters and carnivore plants, evolve in
rank and produce new weapons and armors, fight in Arena against other players
In-game NFTs are
obtained via big monster and carnivore plants fights. The NFTs in Nomadland are
not like the typical “collectible card” NFTs so common in crypto
today. Instead, they are usable and functional NFTs that can be inserted into
the Nomadland Game Framework and become special in-game items : weapons,
armors, special moves, and super powers. These NFTs can be bought or sold both
in the in-game exchanges (market place) or in 3rd party NFT exchanges outside
the game world.
Come dive into the
NOMADLAND universe, WIN tokens as you play!
D. | Satoshi Club
Great! Can you share more info about the whole NOMANDLAND
team? who else working on the project?
Mary | Satoshi Club
Sounds very interesting ,would you have something like Metaverse
there?
Alex Suciu
Core team is based in Romania and is formed from 12 people.
The design and development team formed from more than 20
people is an international team located in 4 countries from Europe ( Romania,
Ukraine, France and Germany )
D. | Satoshi Club
sounds interesting ,how long this game under development,
and on which stage of development you are currently?
Mary | Satoshi Club
Ahaha, pretty familiar countries
Alex Suciu
Yes we do, we are going to have the land sale available for
player
D. | Satoshi Club
Uhh, nice! we will have question about this event a bit
later today
Alex Suciu
the projects is started from about 6 months, and we are
around 50% with the game development
Mary | Satoshi Club
You move fast
Alex, thank you for your intro! We prepared 6 questions from
our community for the first part of our AMA . Are you ready to dive deeper
into the details?
Alex Suciu
yeah, always ready , put me in some difficulty !
D. | Satoshi Club
Q1 from Telegram user @victorogb
Trying to understand the current stage with the NOMADLAND project development amidst the little information provided, I came to realise that you are working on the 3D animated characters as well as gearing up to release a new trailer, which is expected to come out by the end of this month. Knowing how eagerly anticipated these plans are, can you briefly elaborate on them; how many sets of 3D characters is the team currently working on, and how soon can we expect their release? Can you also shed some light on the Trailer planned to be unveiled this month; has this been done or should we expect this soon? Finally, can you briefly hint us on other major plans for this current Q1 2022, what should the NOMADLAND community be anxious for?
Alex Suciu
As mentioned, we are having good progress in our NOMADLAND
project development.
Finished already 2
sets of 3D characters monsters and carnivore plants, each of them formed from
10 character.
Alex Suciu
I am going to send here some 2D monster sketches that were
never published yet on internet, hope you are going to enjoy it.
D. | Satoshi Club
yes please!
Mary | Satoshi Club
What are you biggest goals for the nearest future? How many
players are you expecting at the beginning?
Alex Suciu
D. | Satoshi Club
nice artwork
Alex Suciu
Also, main character is already completed in 3d and actually
together with some of the monster is already animated.
For the teaser we are using the main character Ranzuhn and
some monsters to relieve a game scene. We anticipate to release the teaser in
the next week.
Alex Suciu
As Q1 plan: we are going to advance a lot with the project :
market place for NFT’s and land, a lot of posting into our social media
channels to give more details from the project development, and by the and of
Q1 we are planning to launch the first version of the game.
Alex Suciu
Ready for Q2
Mary | Satoshi Club
Fantastic! And Q2 is coming
D. | Satoshi Club
thank you!
D. | Satoshi Club
Q2 from Telegram User @Antoni_azx
They inform in their roadmap that in Q1 of 2022 they will launch their access to the testnet and the beta of the game, so I would like you to tell us if the beta of the game will be completely open or should we participate in a whitelist to be able to enter? It is very usual that in video game betas prizes or unique items are given as a reward to all testers, will the testers who report bugs that eventually enter the beta be rewarded in some way?
Alex Suciu
As soon as we are prepared for testing the beta version, we
will make a public announcement and will do a selection of user that can
participate in testing and bug reporting.
Our technical team will work together with the selected
testing team to resolve all problems that may occur.
Alex Suciu
In rewards of the testing effort made by the selected team
we are proposing a nice package formed from: NOMAD token prizes and some unique
NFT’s.
Mary | Satoshi Club
So, testing won’t be for everyone?
Alex Suciu
No, we will do a selection of testers who we think we can
get best results with : number of testers, location, communication and more…
Mary | Satoshi Club
Gotcha! We will follow your updates! Sure, Satoshiclubbers
will try to join testing phase as well
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Alex Suciu
For sure we will announce with you also , so all member will
be able to apply for a tester position
Alex Suciu
Yes, let’s go to your Q3!
D. | Satoshi Club
Q3 from Telegram user @chinyere2020
Part of the island of NOMADLAND is divided into plots that are offered for sale to players. “Once purchased, the plots of land become the property of the player, bringing him numerous advantages in the game as well as elements of uniqueness that only the owners of the land will have”. When will these land plots be offered for sale? What will be the total supply of these land plots? Is there a limit to the number of land plots a single user can own? Can you mention some of the advantages and “elements of uniqueness” that the owners of these land plots will get? Will the price of these land plots be fixed or will users be able to sell them at a different price?
Alex Suciu
Any player can buy Land and to become an owner of the part
of the elements of the game. As number of the Nomadland land plots will be
restricted, their pricing may become higher with the time, so we encourage
players to try and purchase land in the beginning!
Player can buy this land and sell at the higher price on the
in-game marketplace for NOMAD tokens.
Also, players who own land receives advantages as
customizations and increased SPEED in farm development.
The plan is to start selling land by the end of February on
the selected marketplace
Mary | Satoshi Club
Did you already decide how many lands max supply will be?
Alex Suciu
not yet, but very soon, we are still in discussions about
this to be sure we find the right number for the game economy
D. | Satoshi Club
do you plan to organise more land sales in the future? if
yes, so how often?
Mary | Satoshi Club
Yes, it’s extremely important
Alex Suciu
it depends of the first round of land sale results. Once we
complete this first round we will decide the next steps ( to get closer to the
number we decide regarding number of land plots )
D. | Satoshi Club
got it
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Alex Suciu
yes!
D. | Satoshi Club
let’s proceed
D. | Satoshi Club
Q4 from Telegram User @Asela1112
NOMADLAND provide the users to stake their $BNB & $NOMAD tokens in order claim rewards. Is this staking campaign like ordinary staking program or Will it be different than others? Because I noticed that you have promised to offer NFTs like weapons for the stakers. And also If I stake My $BNBs in NOMADLAND platform, What will the APR that you offer me? Can I unstake my assets any time, I want? Please give a brief explanation about $BNB & $NOMAD token staking campaign?
Alex Suciu
Everything for the staking campaign will be announced
shortly after launch but until then I can confirm you that it will be a
compound staking program and we will do random raffles for rare NFT’s (
weapons, armors) , the only weapons over rare are the legendary ones that will
need to be grinded ingame!
Mary | Satoshi Club
Where we will be able to buy $NOMAD tokens? Any plans to
list it on CEX?
D. | Satoshi Club
And can you tell us about your token more? What is the distribution mechanism? did you close any private or public sale?
Alex Suciu
Before answering on this let me share something with you all
, the possible soundtrack of the cinematics we are working on
Mary | Satoshi Club
Oh, i like it! Fascinating story! And nice song
Alex Suciu
Yes, we are going to list on a CEX, the listing date is TBD!
Mary | Satoshi Club
Cool
Alex Suciu
we completed the seed and private round , and soon we will
have the public round
Mary | Satoshi Club
Awesome
D. | Satoshi Club
congrats ,we will be waiting info about public round ,
don’t forget to share here when time will come
Alex Suciu
will do for sure!
Mary | Satoshi Club
Thank you for your answers! Ready to jump to the next
question?
D. | Satoshi Club
Q5 from Telegram user @Arisabela
I would like you to tell us about what your main security systems will be to avoid the population of bots within the game? I would also like you to tell us what will be the rules that players must follow to avoid being banned, will it be legal to use multiple accounts from one device? How many devices can we connect from the same IP?
Alex Suciu
You always keep the hard one at the end ?
Alex Suciu
Give me a second for this one to put my ideas in order, we
had this already discussed with my team, I am going to share with you our plan
Mary | Satoshi Club
Ahaha, that was a plan
Alex Suciu
We will be using unique game security mechanics of the
Unreal Engine which will make it impractical to use bots. In other words, there
will be no sense in bots.
From one IP you will be able to connect up to 5, maybe up to
10 devices, which will give the opportunity to play with all family members or
friends using one network of your home. In-game rules will be described closer
to the release, and you can familiarize yourself with them at the entrance, or
inside the game, will be described detailed game policy.
Mary | Satoshi Club
Oh, bots owners are crying)
Alex Suciu
All the key game mechanics revolve around mystical flames,
and it will be the main in-game resource that the player will be able to
produce at his farm and influence the amount of its production. The game will
have a system of progression, a system of levels of monsters, and the limit of
character progression by level. But at the same time there will be much more
potential to improve equipment and great potential for the development of the
game, the introduction of high-level content
Alex Suciu
As a plus we can start use captcha if that would be
necessary – But we won’t add it from the beginning
Mary | Satoshi Club
Do you have a guide how to play or it will be published
later?
Alex Suciu
we are still working on the guide, so for the moment we can
not publish one – but we aim to make it
public soon !
Mary | Satoshi Club
We will wait
Thank you for your answers! Ready for the 6th and last
question from this part?
Alex Suciu
yes please!
D. | Satoshi Club
ok
D. | Satoshi Club
Q6 from Telegram user @kizzochi
Base on the nature of the game: buying of lands, building farms, produce mystic flames,battle epic monsters..etc. can we therefore say that the game only revolves around survival and existence? If yes,is there an end to the game, because every existence has its end? And, is there room for upgrade to the game?
D. | Satoshi Club
will you game have story mode?
Mary | Satoshi Club
Philosophical question
D. | Satoshi Club
haha
Alex Suciu
There is also a player vs player arena fight, which bring
the player that loose the fight to also loose a part of his army ( captures and
domesticated monsters and carnivore plants ). As you can win nice prizes in
NOMAD token by winning the Arena fights , you always need to return and create
another new and why not stronger Army
We are planning future upgrades which will bring new
character, new missions in the game, making the game interesting for players
even after a long period of time playing the game
Mary | Satoshi Club
Nice! Never give up
Alex Suciu
you are a NOMAD!
Mary | Satoshi Club
Can’t wait to play
Mary | Satoshi Club
Alex, now we came close to the most exciting part of our AMA
– live part! Before it will start i want to ask you to share your social media
links with our community
Mary | Satoshi Club
So, we will always stay updated about your project’s news
Part 2 — live questions from the Telegram community
Q1 from Telegram user @adaatalay
How can I become a farm owner to start the game in NomadLand? Before I can catch and train carnivorous plants and monsters, I must first be a farmer. Will these lands be given to us for free or will they be bought?
Alex Suciu
You can start playing the game with no investments, so for free! You will start farming, from your domestic plants you will create mystical flames .Also, you will play the RPG part of the game, discovering the NOMADLAND island to fight against monsters and carnivore plants. BY defeating them you will discover mystical recipes used to create new weapons and armors
Purchasing land will give in-game advantages, one of them will be a higher speed for your farming process
Q2 from Telegram user @Nishant8307
In the website I have seen that there are so , many plants and the animals could to tell us that what is the role of these things in the game ? Is there any level also in the game ?
Alex Suciu
Player will have to fight with this monsters and carnivore plants, if you defeat them you can capture and bring them on your farm – put them in cages for domestication process. Later you will create an army from them to fight in Arena against other players
Q3 from Telegram user @Ratash97
What are the monsters and carnivore plants fights and what can we get from participating in these fights ?
Alex Suciu
From the fights per-se you can get Materials to craft different weapons or potions or even random world drops of rare NFT’s
Q4 from Telegram user @Shiva_shivi
How many types of NFTs you have in your game and what is the use case of it in Nomadland Ecosystems?
Alex Suciu
There will be NFT’s in shape of weapons, armors and even monsters and carnivore plants. Player that own an NFT will be able to insert in the game and get advantages immediately
Q5 from Telegram user @enwerk
Can you please explain more on usecases of Farms in #NomadLands and how players can obtain and upgrade their farms? How can users increase the products which their farms will produces? And What are the usecases of these domestic plants and other resources produced in #NomadLands Farms?
Alex Suciu
Basic base includes: Farm; Cage; Barrack; Armory; Hospital . The farm will be upgraded by the user as he advance in the game using mystical flames. Domestic plants scope is to produce mystical flames
Q6 from Telegram user @Sitaw25
NOMADLAND has the potential to be a fantastic project in the future, in my opinion. Please explain how I can start making a NOMADLAND investment.
Alex Suciu
We will have public sale soon and after that the Nomad token will be available on some big exchanges, please follow us to catch the announcements we will make soon!
Q7 from Telegram user @DelleA20
Will be there a feature like RENT a Land ? So that player who can not afford to buy at early stage still can make a profit. Or any other way players gain profit without buying a land?
Alex Suciu
Yes, there will be a RENT feature, but some perks will be restricted!
Q8 from Telegram user @emmy066
Are there any limits to owning a farm in Nomadland? Can a player build several farms? Can we earn passive income as a farm owner? Can monster or carnivorous plants be traded with other farm owners?
Alex Suciu
One farm for each player, monsters and carnivore plants can not be traded ( only if they are NFT’s ) , but you can trade on the in-game market the exces of mystical flames you produce
Q9 from Telegram user @sophiejohnson1
Is there an entrance fee to the game? What wallet is required for the game? Can I only play on PC? Do you have mobile android or IOS version?
Alex Suciu
No fee is required, you will need a walltet. The game will run in the beginning on PC on all major browser and as a future plan also on mobile
Q10 from Telegram user @Alixbella
Apart from RANZHUN, what other character can we find in the game? since he’s the only character in the game you mention in your white paper? Does this mean that all players will use RHANZUM throughout the NOMADLAND mission?
Alex Suciu
There will be 4 different characters and races which can be combined, Ranzuhn is the PvE character for single player part of the game!
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from StarSharks and our guest was . The AMA took place on the 27th of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with StarSharks! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community!
Today our guest is @StarSharks_V
V
Hi all, this is Vanessa, CMO of StarSharks. It’s a pleasure to be here to introduce our project to you all!
Mary | Satoshi Club
Welcome to Satoshi Club ,how’s going?
Gold Rocket | Satoshi Club
Hello and welcome to Satoshi club
Thanks for joining
V
Hiii, I’m glad to be here.
Gold Rocket | Satoshi Club
Let’s start! Introduce yourself please. How did you get to
be involved
in crypto & StarSharks
Mary | Satoshi Club
Vanessa, we are really excited to see you here today and want to know about StarSharks as much as possible
V
Yeah, I can’t wait to introduce our project to you all!!!
V
Let’s go go go!
Gold Rocket | Satoshi Club
Give us a brief introduction to the project. What is the essence of StarSharks
V
StarSharks is a marine-theme Content-Fi platform with a sustainable economy system, where all the assets (NFT&tokens) can be used in a series of high quality games created and governed by the community. Players can enjoy and create different types of games, and socialize with each other in the StarSharks metaverse, while sharing the profit of StarSharks platform.
Mary | Satoshi Club
How young is your project? What can you tell us about team
behind it?
Gold Rocket | Satoshi Club
How long does it take to develop a project? What plans do you have for the future? And what can we expect from StarSharks platform.
V
Yes, The project is under a year old. Star Sharks was founded in 2021 by a team with previous star performers from Google, and Binance.
Mary | Satoshi Club
Wow, great people behind
Gold Rocket | Satoshi Club
Wow! you are really promising!
So… who is on the project team core?
V
We are a long-term project, within each 3-6 months we will
develop
the new game, in the future we will also launch more games, please stay tuned.
Mary | Satoshi Club
Big plans
V
Many of our investors, such as Binance Labs, Kucoin Labs, DAO Maker, etc., have strict requirements for the team and they have thoroughly investigated the background of the team members to ensure the team is legit and the project is promising. We chose to remain anonymous in order to keep the community focused on the project itself rather than the team.
Mary | Satoshi Club
Gotcha, it makes
sense
Mary | Satoshi Club
Thank you for your great intro, Vanessa!
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have
several
questions selected for the Part 1. Ready to start?
V
Yes, let’s roll!!!
Gold Rocket | Satoshi Club
Q1 from Telegram user @Emnking
I read an article where you have stated the major reason behind building StarSharks on Binance Smart Chain. You made mention that There are indeed a lot of public chain options for the GameFi project to build on and that the key factor for StarSharks to choose BSC is about what could bring the best experience and value to our community, as in 1) lower gas fee; 2) strong community. As gas interacting on a decentralised platform based on ETH continues to rise, it becomes more and more expensive for users to participate in its ecosystem. Through BSC, we can pay low gas fees while enjoying high speed. BSC, backed by Binance, the largest digital currency exchange, has a large enough user base that matches with the big plan of StarSharks. Nice..However, BSC is largely centralized. And at any given time, there are only 21 validators active on the network. Centralized systems are more prone to system failures, attacks, regulatory compliance orders and even hacks. How is StarSharks going to address these system failures for players and gamers? Do you plan on building on other public chain like Sol, Cardarno, FTM and others
V
Wow, these are good questions.
There are very strict requirements for BSC validators and they are all competent server maintainers.Thus, validators have the match skill sets to make sure the servers are working smoothly.
The modified version of POS consensus enables the fast speed and low gas fee of BSC. Therefore, we decided to first build on BSC to ensure a stable experience and a cheap entry for users and players to join.
For building projects on other chains, this is certainly an
option for us in the future, but we are currently more inclined to focus on our
product itself. Once the platform is mature enough, we may also start to
explore and evaluate cross chain possibilities.
Mary | Satoshi Club
So, no timeframes?
V
We believe that only gaining users’ recognition continuously can make us go farther and then we will have the opportunity to make choices in the future.
Mary | Satoshi Club
I understand your point of view
Gold Rocket | Satoshi Club
Thanks for your great answers and clarification
V
Let’s expect it to happen suddenly like surprise！LOL
Mary | Satoshi Club
What are advantages that Binance labs investments give you?
V
Binance Labs is a leading tier-0 investment fund and they can provide us numerous resources and possible partners and cooperations. We are honored to be backed by them!
Mary | Satoshi Club
Thank you for your answers, Vanessa! Ready to proceed?
V
Yes, let’s continue！
Gold Rocket | Satoshi Club
Q2 from Telegram user @kimzyemma
StarShark warriors offers various types of gameplays which was created not only beginner friendly with it’s simple combat rules and SKILL Mechanisms, but also exciting and challenging with its infinite strategy combinations and battle maneuvering. Can you give us more information about the gameplays mode which includes Adventure mode; PvE battle; and PVP battle, I read that players get to experience the StarSharks storyline and unlock new levels, does that mean the gameplays is in form of mission mode? I also read that the PVP battle is the most complex one which has player matching for PvP battles and team matching for PvP battles, I want to have knowledge of how this mode will serve as incentive with handsome rewards.
V
PVE & PVP battle mode in our project in fact are not very different from those in other games. In terms of adventure mode, it is what we called PvE battle mode. It encourages players to play strategically against the AI to win battles, a win in PvE gives our in-game token SEA as a reward. It encourages beginners to learn as they play as a loss does not consume energy points which means there’s an indefinite learning curve. The adventure mode does have different levels which can be unlocked based on the star-level of your sharks.
Mary | Satoshi Club
As i understand all modes are live now, right?
V
What we love to highlight is that in PvP Battles, we have designed an amazing reward mechanism that the top 500 individual ranks are eligible to get rewards in the game according to the games’ monthly PvP ranking. For more information about the PvP ranking rewards please refer to the following link!
The modes are all live at the moment, feel free to join our Shark-metaverse now.
Mary | Satoshi Club
Can you tell which is more popular?
Gold Rocket | Satoshi Club
Thanks for sharing! Great article
V
I think both are very popular actually. The rewards and token value are rather stable comparing to the overall market performance. Especially the gameplay is interesting. Earning while enjoying the game, why not?
Mary | Satoshi Club
Ahaha, true
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
V
Yeap!
Gold Rocket | Satoshi Club
Q3 from Telegram User @victorogb
You recently announced the much awaited staking program for StarSharks starting February 1st 2022. Can you briefly provide a general guideline on this, what are the accompanying rewards for this program, and what would be the various vesting schedules. Also, may we know other notable events and rewarding campaigns planned in the coming months and within this current quater, how best do you think your community can profitably leverage from them? Finally, can you provide us with a working roadmap for the entirety of 2022, what major developments should we expect from StarSharks?
V
First of all, Staking is a channel for players to share the revenue of our project. 70% of the revenue of our platform will be contributed to the Staking Rewards, players get VeSSS by staking StarSharks platform’s governance token -$SSS token in DAO, and our platform will share the revenue according to the percentage of VeSSS they hold.
Mary | Satoshi Club
So, could you tell us a bit more about your governance system? What proposals can you members offer for DAO?
V
In fact, the Staking is just the beginning of our DAO kickoff. Like we previously said, StarSharks is a community driven metaverse. Our players can stake the $SSS token to get votes and their opinions will influence the development of the platform after we open the DAO voting governance.
In addition to the staking feature, we will also be launching the Grand Prix this quarter, in which skilled players can enjoy the fun experience garnered from strategic battles and have the opportunity to win valuable rewards in the process.
Mary | Satoshi Club
It’s really cool
V
The next big boom of the year will probably happen in the middle of this year, we hope that the second game will be launched smoothly on our platform. If the first game is purely combat gameplay, then our second one will be a game with social interaction, simulative environment and gameplay leisurely gameplay all rolled up into one, which means richer gameplay and social attributes, focusing on building social interactions between players. It will also be connected to the economic system of our first game – StarSharks. Warriors and to officially open our plan of the Shark – Metaverse.
Mary | Satoshi Club
Can’t wait to see which game it will be
V
Haha, let’s wait and see!
Gold Rocket | Satoshi Club
Thanks for your great answers
Mary | Satoshi Club
Thank you for your answers, Vanessa! Ready to jump to the next question?
V
My pleasure.
Gold Rocket | Satoshi Club
Q4 from Telegram User @chinyere2020
About the built-in leasing system in the StarSharks platform, I learnt that users can list their StarSharks NFTs on the leasing market for others to rent and set the expected earnings and days of rental. What happens in a situation where the expected earnings set by the user/lessor is not reached? What system is setup to ensure efficient use of StarSharks NFTs by lessees thereby protecting the interests of lessors? Can you give a detailed explanation about how the splitting of earnings between the lessor and the lessee determined?
V
Give me some time to think about how to answer these questions fully and perfectly, hahaha. These questions are really too level-headed!
Mary | Satoshi Club
Sure
Gold Rocket | Satoshi Club
Take your time dear
V
Our team ensured there have been rules setup to protect the interests of lessors for example: lessors can get their sharks back from the rental market anytime they want as long as it’s not being leased by anyone at that moment. When the profit to the lessor for a single shark does not reach the expected profit set by the lessor, the leaser’s credit score will be deducted. We also protect the lessee by giving them rights to extend their leases as deemed necessary before the expiry of the lease they’re currently on. Another important one is that sharks without full energy points cannot be leased out to ensure the lessee enjoys optimal use and value of money spent to lease the shark.
V
More protection rules and a tutorial on how the rental
system is used can be found here:
1) Leasing Rules Of The Leasing System In StarSharks.
Warriors:
The lessor still retains ownership of the NFT, and its a free marketplace.They can set the lessing revenue of $SEA in a certain period (For example: $SEA/ Per day, $SEA/ 7days )to rent out their sharks. How much the sellers sell for is up to them, StarSharks platform do not interfere with their transaction behavior.
Mary | Satoshi Club
Well thought rules
Gold Rocket | Satoshi Club
sounds good. it’s a vantage point win-win
V
Thanks, I’m glad to have your recognition.
Gold Rocket | Satoshi Club
Thanks a lot for the info and great answers
Gold Rocket | Satoshi Club
Ready to proceed to the next question?
V
Yes, win-win is the prerequisite for the sustainability of
the project.
Gold Rocket | Satoshi Club
Q5 from Telegram User @Anne_Tim
We can see that Star Sharks is bringing 2 tokens – SEA and SSS. Please reveal the economic models staying behind both of them? Why is it important for players and investors to hold both tokens? Is it also possible to benefit from all game features holding only game token SEA? When will it be possible to acquire both tokens? Thank you!
V
Wow, I love this question, it gets to the point.
As you have just mentioned, StarSharks has a sustainable dual-token economy system which makes it very important for players and investors to hold both tokens as explained below.
$SSS is the governance token of StarSharks with a max supply of 100 million. Its value will be maintained by the special design of “release-staking-recycling”. Players will also be able to participate in DAO decision making in the future.
$SEA is the game token of StarSharks with unlimited supply. However, players can only get SEA tokens in-games and its value will be stabilised by the many utilities that will be applied in upcoming games.
Mary | Satoshi Club
When your DAO will go live?
V
In fact, the statistics have shown that our economic model is working as expected. Over 13,600,000 $SEA has been burnt, which keeps the price steady compared to the huge correction of the whole market recently. The steady performance of $SEA also helps with stabilising the value of $SSS token. More utilities will be added to the $SSS token in the future to gradually increase its value.
V
According to the last question, sure! Users can acquire both
tokens through in-game battles.
1) We have the rewards mechanism of the StarSharks. Warriors PvP game mode. The top 500 individual ranks are eligible to get $SSS rewards in the game according to the games’ monthly PvP ranking.
2) Players can get $SEA rewards through the daily task and win in the PvE game. A win in a one-star PvE level will generate 2 SEA. In addition, you can get $SEA rewards through our events in-game, such as: open the blind box.
Mary | Satoshi Club
Nice rewards Satoshiclubbers, pay attention
Gold Rocket | Satoshi Club
Not bad
V
Soon will be up! The plan is to launch in the coming month!
Let’s wait and see!
Mary | Satoshi Club
We will follow your updates
V
One more important use of holding both tokens is their use
in the process of upgrading sharks to a higher star level.
More ways to get token rewards need to be actively
explored by players, and you will find more surprises from them.
For more details of how $SSS and $SEA work, please check out our official landing page: https://starsharks.com/
Gold Rocket | Satoshi Club
Thanks for your great answers and clarification
Mary | Satoshi Club
Thank you for your answers, Vanessa! Ready for the 6th and last question from this part?
V
Thanks God, I finally finished answering those important
questions. Thank you for your patience. @GoldRocket27 @madamlobster
Gold Rocket | Satoshi Club
Q6 from Telegram User @iamluong
Does the Shark-metaverse in StarSharks support virtual reality (VR) glasses for the best player experience? Do you think Metaverse is still nothing special at the moment, it needs virtual reality devices and more advanced networking technology (at least 5G)?
V
We decided to let players join our Shark-metaverse by initially offering an Android version and an IOS version in the near future because most people, especially people in the crypto space have smartphones and it will be easy for them to experience our platform.
VR could also be an option at a later stage as it requires VR devices and stable network connections and it may not be as inclusive or easy for the average person to join. Therefore, we would like to first focus on the comprehensive construction of the platform.
Mary | Satoshi Club
Gotcha
V
Wow!!!
Gold Rocket | Satoshi Club
Thanks a lot for your answers! share your useful social
media links with us before opening the chat
V
If you would like to hear from us and know more about us,
please follow our official channels, where you can find the latest news and
announcements.
Thank you Vanessa, are you ready for the live part?
Gold Rocket | Satoshi Club
Let’s fly!!!
V
Haha, I’ve been waiting for this moment for a long time.
V
Yes, let’s dive to the ocean!!!
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Mercury654
Colloboarations and Investors are Also equally Important For the growth of platform , So Have You made a Wise Decision In Choosing your Investors and Partners , Could You please tell me About them ?
V
We are thrilled to announce the closing of a $4.8 million private round from last December.
Beyond grateful to get support from over 30 prominent institutional investors that saw our visions!
These investors include Binance Labs, who gave our shark metaverse a strategic investment in the early stages, DAO Maker the project launcher, Kucoin Labs which leads the exchange field, YGGSEA one of the best guilds we have partnered with, and many others!
Speaking of guilds, we’ve actually had a lot of enquiries from players about this recently. Since I’ve just spoiled enough information, thought I’d let you know a little more. We currently have over 20 excellent guild partners and plan to openly recruit more in the future, this will also be one of the main areas we will focus on developing.
Q2 from Telegram user @Fatima6734
Can you provide some detail about StarSharks Scholarship Program? For what purpose, This Scholarship Program will be used?
V
Sure, All $SEA income of the team up to Feb-01-2022 00:00UTC will be used to officially launch the StarSharks Scholarship program! The accumulated $SEA income up to now is 113,832.
Q3 from Telegram user @captainprice111
Nowadays GameFi project has many public chains to create one, so can you tell us why StarSharks chose BSC for IGO? What privileges does BSC provide for StarSharks platform?
V
There are indeed a lot of public chain options for the GameFi project to build on. The key factor for StarSharks to choose BSC is about what could bring the best experience and value to our community, as in 1) lower gas fee; 2) strong community. As gas interacting on a decentralised platform based on ETH continues to rise, it becomes more and more expensive for users to participate in its ecosystem. Through BSC, we can pay low gas fees while enjoying high speed. BSC, backed by Binance, the largest digital currency exchange, has a large enough user base that matches with the big plan of StarSharks, so why not?
Q4 from Telegram user @satishgmr
What is the main feature of your Marketplace and currently are you selling NFTs of StarSharks? or any other Project NFTs also? and which wallet is currently supporting in your marketplace and in future are you going to add more wallets?
We are delighted to announce that the SEA/BNB and SSS/BNB trading pairs already listed on PancakeSwap. and now users can spend 500 $SEA to purchase one normal shark NFT, uers can download our official version of StarSharks. Warriors on our website. https://t.me/Satoshi_club/1409945
Q6 from Telegram user @mobilejii
Its very hard to trust project without knowing team and many projects are for rug pull. Have done any Audit or locked liquidity? How can we be sure your project is legit?
V
Totally understand your worries. Our contracts have been approved by CertiK. And StarSharks’ Contract Addresses can be seen down below. NFT Contract address：0x416f1D70c1C22608814d9f36c492EfB3Ba8cad4c SSS Token contract address：0xC3028FbC1742a16A5D69dE1B334cbce28f5d7EB3 SEA Token contract address：0x26193C7fa4354AE49eC53eA2cEBC513dc39A10aa
Q7 from Telegram user @krish_crypto22
Has you have plan to develop five quality in house games other than this what other thing has been planned for Gamers?
V
However, when we look at the current GameFi market, we feel that the market is dominated by a lot of independent games with isolated assets that can only thrive in one game, and the value of such assets cannot be sustainable since the applications are limited. Also, in most cases, the games don’t interact well with the community – players/users are excluded in the game development, and unable to shape the value of their game assets.
Therefore, we would like to develop a quality GameFi platform with state-of-the-art game series created and governed by the community, under the support of our strong gaming development team. StarSharks team will create the first 5 initial games and provide SDK to external game developers as well as our community to build the future of StarSharks metaverse.
To date, StarSharks has developed the first game ‘StarSharks. Warriors’ and the official version is open to the public. You can spend the $SEA to get the normal shark NFTs on the marketplace of StarSharks official website or through our rental system to join StarSharks metaverse.
We look forward to having our community onboard to design the next few games together and continually create value with StarSharks assets.
And we will seek more application scenarios for NFTs and explore more possibilities of NFTs in the future. What we understand is that the metaverse should be infinitely extended and open, so we are constantly exploring the possibilities of collaboration with the external metaverse as well.
Q8 from Telegram user @superhero_898
StarSharks? Why did you name this Gaming project StarSharks ? Do you like shark or is there any other story behind it?
V
Sharks are the freest creatures in the ocean, and the spirit we revere.
The initial design of our game is that our sharks are ranked by stars.
Share a funny fact that our team happened to be drinking Starbucks while thinking of the name, and we thought why not
And so…. StarSharks was born
Q9 from Telegram user@jirencrypto
I read that you will gradually unlock a variety of NFT application scenarios, can you tell us about what will be the NFT application scenarios we will find in the StarSharks metaverse? How many game modes will there be? Are there any special requirements to access each of them?
V
Sure, there are five initially planned games and we will release SDK for game developers to develop their own games in the future. Most importantly, there will be different kinds of NFTs to be released gradually and there will be connections between different NFTs and games. For example, in the second game that is being developed, we have a plan of issuing land NFTs and the game is expected to release in the middle of the year. We take extreme care in maintaining the balance of the platform while releasing the new NFTs. Of course, our shark NFTs will enjoy the most applications in different future scenarios. We are StarSharks, aren’t we?
Q10 from Telegram user @hihohiho140699
I Read In Your Roadmap that In
● February 2022 You have Planned to Establish an official support fund to support the construction of gold trading unions in Southeast Asia, Africa, So Can You tell me More about this and Do You plan to Expand to other Regions as Well ?
V
We’ve actually opened up some guild activities in Africa, which is kind of the first step in our new adventure, and you can think of it as a pilot!
We’ll be venturing into more areas at the right time in the future, too!
Look forward to our official social media platform to follow up on the latest notifications!
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from The Lost Throne and our guest was . The AMA took place on the 27th of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with The Lost Throne! Welcome to Satoshi Club
D. | Satoshi Club
Our guest today – @realjackie !
Welcome! good to have you here!
Jackie | The Lost Throne
Hi everyone! thanks for having me today
Very excited
D. | Satoshi Club
super!
Mary | Satoshi Club
Welcome to Satoshi Club!
Mary | Satoshi Club
How was your day?
Jackie | The Lost Throne
pretty good! how you guys doing today here in satoshi club?
D. | Satoshi Club
Great! we are ready for the awesome AMA session with you
Mary | Satoshi Club
Fantastic! We are always happy to welcome such an
interesting projects
Jackie | The Lost Throne
I am ready too, lets roll!
Exactly, let’s explore it together today!
Mary | Satoshi Club
For the beginning we would like to ask you about
introduction . Could you please introduce yourself and tell us more
about The Lost Throne!
Jackie | The Lost Throne
My name is Jackie and I am the community lead for The Lost
Throne. I started my crypto journey back in 2017 when ICO was hyped. I was fortunate
to witness and participate in the journey starting with no/little adoptions to
where it is today with massive Defi and NFT adoptions.
Mary | Satoshi Club
That was nice time to start
I am sure you got a lot of important lessons
Jackie | The Lost Throne
The Lost Throne is a trading card game developed since 2019.
With the technology of NFT became mature in 2022/2021, we saw this natural bond
between trading card games and NFT technology, and started to design its crypto
adoption
Jackie | The Lost Throne
Right on
Mary | Satoshi Club
Perfect match
Jackie | The Lost Throne
We partnered with Liberty Land which is a NFT gaming
publisher and designed a dual-token tokenomics structure for TLT: $CP (Crystal
Powder) as governance token and $DD (Dream Dust) as the in-game currency.
Players can acquire NFT cards with rarity from silver, gold to diamond in the
NFT marketplaces or opening mystery boxes on the Liberty Land platform.
Jackie | The Lost Throne
We are in the open beta testing stage until 20th Feb, it is
completely free of entrance. So hope everyone here can participate in the open
beta.
Mary | Satoshi Club
How many people already participated in your beta?
D. | Satoshi Club
can you also mention some other people that work with you on
Last Throne? a few words about team
Jackie | The Lost Throne
Didn’t really count, but everyday new players coming in. Our
test tokens are running out soon hahah
Jackie | The Lost Throne
Sure
Jackie | The Lost Throne
We have two teams working together. One is Libertyland team,
as mentioned they provide the platform for publishing our game and also help us
with the blockchain stuff, so they are the blockchain team.
2nd is our TLT team, we develop this game since 2019.
Both team are international team with blockchain talents and
game developers talents.
And we work extremely happy everyday!
Mary | Satoshi Club
Are your team members public or anonymous?
D. | Satoshi Club
Cool
Jackie | The Lost Throne
Semi -public
Our CMO is chris
He is a in charge of the game side
Very experienced game developer and publisher
Mary | Satoshi Club
That’s great
D. | Satoshi Club
thank you for the great intro
Mary | Satoshi Club
Jackie, thank you for this detailed intro!
Jackie | The Lost Throne
Np
Mary | Satoshi Club
Ready to go to the questions from our community?
Jackie | The Lost Throne
Let’s go!
D. | Satoshi Club
Q1 from Telegram user @Rosane1a88
The Lost Throne (TLT) is a new meta-universe NFT TCG concept game that was designed and developed by Shiva Gaming since 2019. In 2019 the GameFi boom wasn’t a thing. What inspired the team to develop a Play to Earn model back then, and what special features of it make its development process take about 3 years before launching?
Jackie | The Lost Throne
Very Good question
Jackie | The Lost Throne
You are right that in 2019, Defi and NFT are not mature yet.
So it was just a traditional TCG game that we started in 2019, we already
launched the game in Steam, which is without blockchain integrated ofcourse.
Then in 2020/2021, we see this natural bond between NFT tech
with TCG. Right, because each trading card can be best created in NFT, which
players could own the card 100%, that’s killer app!
So, we cooperated with Liberty Land and have the blockchain
version coming out!
D. | Satoshi Club
interesting! so originally on which blockchain are you
planned to run game? it was bsc from the beginning?
Jackie | The Lost Throne
BSC
Jackie | The Lost Throne
yes
Mary | Satoshi Club
Do you expect that all your non blockchain gamers will
accept blockchain variant? What is their opinion?
Jackie | The Lost Throne
Well, many are actually positive with the trending P2E
mechanism. Having fun while earning something is always good
Mary | Satoshi Club
Ahaha, true
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Jackie | The Lost Throne
Yes
D. | Satoshi Club
btw are you not afraid that steam will delete your game from
their library in the future, as i heard they a not very friendly to blockchain
games with NFTs
Jackie | The Lost Throne
Yes, but sometimes you got to choose right?
I choose blockchain personally. Would you agree?
Jackie | The Lost Throne
Maybe steam will agree someday haha
Mary | Satoshi Club
I would agree and you @Cool_as_Ice ?
D. | Satoshi Club
sure
D. | Satoshi Club
Q2 from Telegram user @yellowchamp
As you finished a successful IDO and listing of $CP tokens, you just launch an Open Beta Festival of The Lost Throne that will run from January 20 to February 20,200.So, can you give us some more details and information about your Beta Festival?What are the events and activities being implemented in this festival? How can anyone participate and be eligible for this Festival? Why it is called a Beta Festival and why does this festival takes 1 month of duration? What is the most priority and goal of this Beta Festival in your platform? Thank you
Jackie | The Lost Throne
Wow, many sub Qs
Jackie | The Lost Throne
Let me break this one down in pcs, haha
Mary | Satoshi Club
Take your time
Jackie | The Lost Throne
So firstly, the open beta overview:
The time is from 20 Jan – 20 Feb.
We got 1 million DD tokens and many NFT cards as reward pool
in total. The reward pool are in 3 sub pools
Participation Pool: you complete at least one game, share
60% with everyone
Ranked Pool: play the ranked game and climb leaderboard,
allocation is 30%
Bug Bounty Pool: the remaining 10% is for bug hunters
Great rewards! I am sure your community will be happy to
participate! Satoshiclubbers you have to join as well
D. | Satoshi Club
users can expect full release of the game after beta will be
finished?
Jackie | The Lost Throne
2nd, why it takes 1 month
Because, we want take our time to find bugs to fix, and
receive feedbacks from players. Because many figures in the open beta maybe not
the final ones in the official version.
Also, the open beta is co-hosted between LL and TLT team, as
players need to stake CP and USDT tokens to liquidity pools to use the LP
tokens to generate L-KEY.
L-KEY is the game login token, which we want all the players
to get familiar with. Thats why one month is a good period of time we feel the
open beta should have
Jackie | The Lost Throne
So, what we want to achieve during the open beta is
1. attract more players to participate
2. find all bugs and fix them
3. Analyse the data we gather from the open beta to make the
official one better
Jackie | The Lost Throne
yes, but the exactly time will be announced afterwards! we
need to first distribute rewards
Mary | Satoshi Club
We will wait patiently
Thank you for your answers! Ready to go to the next
question?
Jackie | The Lost Throne
sure
D. | Satoshi Club
Q3 from Telegram User @meml97
While I was reading your Medium articles, I saw that there are a few of them dedicated to the gameplay and battlefield mechanisms of the game. However I might dare to say that even when this articles exist, I find the game and it’s rules a little bit difficult, specially for beginners. So I was wondering, can you explain to us more about the game and it’s rules? I saw it have summoning rules, attacking rules and counterattack rules. Also, do you plan to add guides and tutorials into the game itsef to explain everything better to the players?
Jackie | The Lost Throne
Good one
Jackie | The Lost Throne
So the fun part of ALL trading card game is same: players
spend time playing the game and learn skills and knowledge, you always have to
play while learning some tips yourself. I can’t go in the sophisticated in here
coz it could easily take days to take about. The basic game play is this:
For the gameplay, the first step is the ‘role play’
– Player = Supreme Commander
– Cards= Loyal Generals or Soldiers
Start the game:
– Both players use a deck of 50 to 80 cards.
– Both players soldier on in three directions on the
criss-cross battlefield and break through the opponent.
– Kill the opponent to ultimately win the game.
Game battle:
– Both players start the game matched by the pre-selected
legal deck types.
– Swap the initial hand and choose a tech path.
– Add the top card to your hand and decide to play/summon
your cards.
– During the battle stage, each actionable card takes turns
making 1 legal attack in the order of its actions.
– Repeat the above stages until the opponent remains 0 life
or meets the victory conditions.
For game play guide: when you first open the game app, there
is a animated step-by-step tutorial, also we have discord channel where players
discuss gameplays, you are encouraged to join.
Mary | Satoshi Club
Do you have support service for those who have questions?
Jackie | The Lost Throne
Yes, we have admin in both telegram and discord channels
D. | Satoshi Club
what was the source of inspiration for your team, when you
start to building your game? i mean you were looking at some other already
existed non-blockchain games in this genre and tried to build something similar
but with your own vision?
Jackie | The Lost Throne
Sure, our team are players of for example, hearthstone, MTG
and skyweaver (blockchain TCG also)
But we have our own innovation besides our own universe
story. The innovations are:
① Co-creation: We invite players from all levels to
co-create content and gameplay to jointly define the future of NFT games, and
players suggestions for improvement will help us to adjust the usability of NFT
games.
② Universality: We build highly compatible NFT games based
on efficient TCG development to keep expanding application scenarios of NFTs.
③ Sharing: The vast majority of games’ revenue will be
shared with and by the community.
④ NFT DIY: NFT assets and application scenarios jointly
defined by the community
Expansions of Magic World genes to diversify the appearance
of NFTs.
D. | Satoshi Club
Cool! thanks a lot for great answers!
Mary | Satoshi Club
Thank you for your answers . Ready to jump to the next
question?
Jackie | The Lost Throne
Yes
D. | Satoshi Club
Q4 from Telegram user @Rozielyna
I understand that There are two tokens associated with The Lost Throne (TLT) which are the Equity type Crystal Powder (CP), Economic type Dream Dust (DD). Can you tell us more about this tokens ? What are the total number of each token for the Lost throne? You mentioned that the DD token can be used to produce shinning cards or open new card Packs? Please tell us what this shinning card is all about? What are their features and functions in the Game? Do users gain more rewards with the shinning cards? Are the new card pack different from the previous cards used in the Game? What can users do to increase the amount of token they earn when playing ?
Jackie | The Lost Throne
Every question is well-structured, really
TLT is a dual token tonomics: $CP (Crystal Powder) as
governance token and $DD (Dream Dust) as the in-game currency.
$CP is with 250 million in total supply and can be used to:
1. Generate L-keys
2. Shining Cards
3. Participate DAO and share earnings
4. Purchase NFT mystery boxes
$DD is unlimited supply and can be earned in the games
1. Earned in game
2. Shining cards
3. Buy in-game packs
Shinning card will consume $CP and $DD depending on the rarity
of the NFTs
Shinning card owners can play ranked games and earn bonus
reward each game.
Jackie | The Lost Throne
Hope i dont miss any sub
questions, if I do, please let me know
Mary | Satoshi Club
Btw, how expensive is to start playing your game?
Mary | Satoshi Club
Or it will be
Mary | Satoshi Club
How affordable it will be to shine cards (saying it as
expert in shining )?
Jackie | The Lost Throne
So players will need L-key and shining card to play to earn.
I don’t know how much exactly will need to start earning as upfront investment.
That’s why we are having open beta to test out the numbers.
open beta is for free.
For official version, we are giving NFT cards and L-keys to early adopters, so come fast and get the premiums !!
Mary | Satoshi Club
Satoshiclubbers , it’s always profitable to start
early!
Jackie | The Lost Throne
It depends on the rarity of the cards, for stone and bronze
level cards, very cheap to shine, like 10-20 dollars i think
Jackie | The Lost Throne
True
D. | Satoshi Club
appreciate for the answers! ready for the next question?
Jackie | The Lost Throne
yes
Mary | Satoshi Club
It’s almost free
D. | Satoshi Club
Q5 from Telegram user @iceVermithraxx
I took time to go through your audit by CERTIK and I took note of some notable risks that were not resolved and are worth discussing about. I saw that 250 million CrystalPowder tokens are sent to the owner when the contract was deployed and i clearly saw that this could be a risk as owner can choose to distribute CrystalPowder tokens anytime. can you elaborate on these 250 million CrystalPowder tokens sent to owner and why they went sent to the owner’s address? When are these 250millions tokens going to be released and will there be a consensus before they are distribution? Lastly, I noted that they Lost Throne Project team still have some privileges over the contract, can you explain on these privileges? Are there any plans to introduce a DAO and renounce these privileges soon?
Jackie | The Lost Throne
Wow blockchain one, let me try my best
So many projects with certik audit done has some level of
“centralization” in their report. Certik has point this out as it
does have some potential issues.
But the thing is, not every project start with DAO right?
the DAO formation is always come after certik report.
Therefore, we have the same issue too. But rest assured that we will become a DAO and ultimately transfer the privileges to the DAO and this issue will be solved 100%
Jackie | The Lost Throne
Hope this clear the air for you guys who pays close
attention to security
D. | Satoshi Club
when you plan to launch a DAO?
Mary | Satoshi Club
You stole my question
Jackie | The Lost Throne
When we run a few seasons and this year for sure
Mary | Satoshi Club
Not so long to wait
Mary | Satoshi Club
Don’t forget to share such important news as DAO launch with
Satoshi Club
Jackie | The Lost Throne
CP owners are the DAO
Mary | Satoshi Club
Thank you for your answers! Ready for the 6th and last
question from this part?
Jackie | The Lost Throne
Yes
D. | Satoshi Club
let’s gooo
D. | Satoshi Club
Q6 from Telegram User @V1ct0r_26
Hello, The Lost Throne’s Team!
I saw taking a look at your roadmap, and I couldn’t help but notice that it ends with a very interesting point in March of 2023, said point on your roadmap states that you will be releasing a second TLT game that month. So, could you give us more details about this? What are your plans for this second game? Will it be a separate plotline from what you are presenting to us right now, or will it be some sort of continuation? Also, why are you deciding to launch a second game just a year later of the release of the first one? How can this bring benefits to your game, the economy of it and for your users? Thanks.
Jackie | The Lost Throne
Very good one
Jackie | The Lost Throne
So I forget to mention that TLT is a metaverse project with
multiple games on the way.
The reason is that we have a very good original background
story that would be such a waste if we don’t go for metaverse.
Like Warcraft of blizzard entertainment. we hope to build a
metaverse and ecosystem based on our story and explore different possibilities
within the NFT gaming industry
Mary | Satoshi Club
Btw, do you plan to make your games multichain?
D. | Satoshi Club
And how often are you plan to release a new game in Metaverse?
Jackie | The Lost Throne
That’s a good question, LL is a multi-chain game publisher
with BSC ETH and TRON, we pick BSC to launch first. So it is very possible to
launch on other chains going forward
Mary | Satoshi Club
Super
Jackie | The Lost Throne
Ideally, 1 per 1 year
Mary | Satoshi Club
Very nice
Jackie | The Lost Throne
Can i quickly go and grab a drink?
Jackie | The Lost Throne
2 minute
D. | Satoshi Club
Yes! you have more than 2 minutes tbh
Mary | Satoshi Club
Sure, and meanwhile we will start live part, ok?
D. | Satoshi Club
We will open chat for community questions
Mary | Satoshi Club
You will come back to the hundreds of questions
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @RahulAmbani5
What do I need to play the game? Is it Nft cards or any Tokens?
Jackie | The Lost Throne
So to be able to start playing, you need to first stake CP and USDT tokens in the CP-USDT liquidity pool. In our open beta, you need 100 CP-USDT LP tokens to generate one L-key, and start playing. The guide to this is https://docs.libertyland.finance/get-started/l-key
Q2 from Telegram user @shyouger
Is your project only for elite investors, what about others with small funds, is it open to everyone?
Jackie | The Lost Throne
Our game is for all levels of investors and gamers. The NFT cards are in 5 rarities: stone, bronze, silver, gold, diamond. The shining costs across these five rarities are from small to large. And shinning cards will produce DD tokens as rewards. So the game is suitable for all types of investors and players, and it is actually fun to play without the tokenomics already
Q3 from Telegram user @Ashia_24
What can players do to enhance the number of tokens they get while they play?
Jackie | The Lost Throne
Two ingredients essentially
Get rare NFT cards to shine it
Develop your skills to win the game
Q4 from Telegram user @Antonio287
Recently, You hold the Public sale & I missed it Unfortunately, Is there any other way to get your token?
Jackie | The Lost Throne
Yes, it is listed in pancakeswap, the contract of $CP is 0xe9C133D3D94263C7aC7B848168138D7cF2cEbA14
Q5 from Telegram user @TarJan208
As your governance token is $CP token, what will be the use of it in game play and what is the benefit for those who will hold this token?
Jackie | The Lost Throne
$CP is the governance token for TLT, holders will be able to:
Generate L-KEY to get access to the game
Earn the earnings of the game (NFT box sales, Fee, etc.,)
Shine rare NFT cards to boost bonus rewards
Be part of the DAO
Q6 from Telegram user @IG_ignatius
I noticed that The Lost Throne official game app is not available on appstore. How can I get the game?
In your website I noticed about L-KEY and Shining Card, What is the use of these two in the Lost Throne ecosystem?
Jackie | The Lost Throne
L-key is the game login token for TLT. You need to stake CP and USDT tokens on Libertland APP to receive CP-USDT tokens and then generate L-key with that. The detailed tutorial can be found in this article https://docs.libertyland.finance/get-started/l-key . Shining cards are the requirement to participate the ranked game, when you have at least one shining card, you can play the ranked mode of the game and win DD rewards based on your MMR and win/loss
Q8 from Telegram user @Tavasya23
Can You please Brief me About the L -KEY , For What Purpose It is Used and What The L – KEY Is Necessary For the TLT ECOSYSTEMS ?
Jackie | The Lost Throne
The reason for L-key is that, players will need to stake CP tokens to generate the L-key. The liquidity of CP token will thus be increased, this provides stability to the overall of TLT tokenomics.
Another reason is for guild community to manage their members:
One wallet address can generate as many L-key as possible
One L-key is bound to one UID (game account), this makes the system secure and manageable
Q9 from Telegram user @captainprice111
When we think about the formula inside GameFi, can you talk about the DeFi + NFT + Game features of the TLT platform? Do these 3 GameFi components exist in TLT, what are the functions of these components according to TLT’s worldview?
Jackie | The Lost Throne
Good question. They coexist! The two tokens are all listed in dex (pancakeswap) with liquidity pool generated for players to buy/sell. Also, as mentioned, the generation of L-key involves deposit tokens into the liquidity pool, so thats defi. As to NFT, all our NFT cards no matter what rarity they are, are in form of BEP-1155. The ownership totally belongs to the owner of the NFT. Players can purchase mystery box to acquire NFT cards or exchange them in the NFT marketplace.
Q10 from Telegram user @mohim5656
Sir Which one is more important to you:
A.Community B.Investors C.Token Price
If all of the above is important to you, which should come first??
Jackie | The Lost Throne
Community without 2nd thought. We want our metaverse ecosystem to be 100% community driven by the end of this year with our DAO well-structured and the DIY of the NFT cards. By that time, we hope the core team can be just like the community, just be actively participating and contributing to the ecosystem and get rewarded just like everyone in the community.
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from BitStore and our guest was . The AMA took place on the 26th of January
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with BitStore! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Hello again, dear Satoshi Club community!
Gold Rocket | Satoshi Club
Today our guest is @CarlMoss09
Gold Rocket | Satoshi Club
Hello and welcome to Satoshi Club @CarlMoss09
Mary | Satoshi Club
Hello Satoshi Club!
We are happy to announce our AMA session with BitStore! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Hello again, dear Satoshi Club community!
Today our guest is @CarlMoss09
Hello and welcome to Satoshi Club @CarlMoss09 .Finally you
are with us
Carl Moss
Hello everyone! It’s a real pleasure to be here and interact
with everybody!
Apologies for the delay; met up with some technical issues
and was not able to message.
Mary | Satoshi Club
Np, we are happy to see you here
Carl Moss
Very excited for all the questions you guys have for me. i
hope to be able to share more with you what we do here at Bit.Store
Gold Rocket | Satoshi Club
We are very excited about the upcoming AMA with you
Mary | Satoshi Club
Let’s start it. sure it will be fantastic!
Gold Rocket | Satoshi Club
Will make a short intro of yourself and the project please
Carl Moss
Sure!
My name is Carl and I’m a Co-founder of Bit.Store ($STORE).
Bit.Store is an investment platform built for traders new to
the complex crypto market. Bit.Store further integrates SocialFi elements into
our platform, allowing experienced traders to guide junior investors along
their investment journey as well as allowing STORE holders to vote for overall
key directions of the platform.
Mary | Satoshi Club
Why did you take a decision to found investment platform?
Did you have previous experience in investments?
Gold Rocket | Satoshi Club
You help beginners become whales
Carl Moss
The Bit.Store team and myself come from the traditional
finance space with decades of experience in the capital markets. Crypto was a
natural direction for me to pivot to as I wholeheartedly believe
decentralization will bring financial services to greater heights.
However, when I first entered the crypto market and begun
using crypto exchanges, i was shocked at its complexities, from private/public
keys, to stablecoin and numerous trading pairs. My team and i knew that we had
to lower the barrier of entry to crypto investment to help everyone, no matter
novice or experienced investors, get into this space as easily as possible.
Mary | Satoshi Club
You’re right! I am happy that you are trying to make our
lifes easier! And i think it’s time to introduce your team,
tell us please how big is it? Is it international or located in one place?
Gold Rocket | Satoshi Club
By the way tell us about your team, who is the core of the
project?
Gold Rocket | Satoshi Club
Oops
Mary | Satoshi Club
Same thoughts
Carl Moss
Great minds think alike!
Carl Moss
Our core team members sits across the world to cover the key
regions – each of us bringing over 10-20 years of experience in finance,
products and business development. Our core team members sit across Europe,
Canada and Columbia – myself, i come from the UK
My co-founder David, has over 10 years in project management
and holds a PHD in management. While Catalina, our marketing guru comes from
the investment banking and finance sectors.
Mary | Satoshi Club
Excellent team!
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Carl Moss
Fire away – let’s roll!
Gold Rocket | Satoshi Club
Q1 from Telegram user @Asela1112
I learnt that BitStore App is suitable for new & Junior investors. But, Since the current market is at unpredictable situation due to huge market crash. So How will you encourage the newbie investors to invest their money on BTC & make them profit? We all know that the world best exchange is Binance exchange currently. So what kind of unique features do you have rather than Binance? Do you have buying options like P2P, Credit/Debit card, Bank transferring etc..?
Carl Moss
Thank you @asela1112 for your question to kick off the AMA!
This is a great question which i believe plenty of
investors, especially those newer in our market, has a lot of doubts on. As you
said, the crypto market is unpredictable and its practically impossible to time
the market even if you are a saavy technical analyst. Bit.Store is designed to
make it easy for junior investors by incorporating features such as recurring
buys option so that users can automatically DCA (dollar cost average) into the
market; all while having access to timely curated market news and getting
access to tips and advice from senior traders with solid track record.
With regards to other exchanges such as Binance, we are not
competitors. In fact, we are peers! We secure our crypto assets liquidity from
top exchanges such as Binance to provide to our users. We are here to serve the
underserved investors who want to begin buying crypto but are unable to due to
the complexities of crypto exchanges as i mentioned earlier. Exchanges are
mostly targeting experienced traders as well as institutions that we
well-versed with trading features such as margin or futures trading.
In terms of payments, we certainly excel over most, if not
all, exchanges. We offer a whole suite of options ranging from card payments,
paypal, mobile wallets and bank transfers. Of course, the payment channels
available ranges from markets to markets.
Gold Rocket | Satoshi Club
Thank you very much for the detailed answer
Mary | Satoshi Club
So many methods! That’s awesome! It will be really easy to
start with BitStore
Mary | Satoshi Club
Is KYC verification compulsory to start using your platform?
Carl Moss
We have different levels of KYC, ranging from as simple as
an email to begin trading to identification verification for larger trade sums.
We do KYC in order to combat money laundering as well as preventing illicit
funds movement on our platform.
Mary | Satoshi Club
Gotcha
Gold Rocket | Satoshi Club
Are you ready for the next question?
Carl Moss
Yes!
Gold Rocket | Satoshi Club
Q2 from Telegram user @V1ct0r_26
Hello, BitStore’s Team!
While reading your whitepaper, I saw that users on the platform will be classifed into two types of users: Beginner Investors and Signal Traders. I was wondering if you could tell us more about this last type of users? What exactly means to be a Signal Trader and how does a user become one? Do you ask for any kind of information to BitStore users before trusting in them as professional investors? If so, what kind of information is required and how do you verify it’s truthfulness? Are there any kind of rewards for those professional investors on BitStore that act as Signal Traders and share with others their portfolios? Thanks.
Carl Moss
Anyone can become signal traders as we aim to be a truly
open platform where anyone can participate. However, there will be key metrics
of these investors that novice investors can use to discern if these signal
investors are worth following. Some examples of these metrics include,
portfolio performance, market projections posted by them as well as verified
public profiles. These information are recorded by our system and cannot be
edited. Furthermore, the system will encrypt these data regularly to be
uploaded onto the blockchain.
To incentivise signal traders, firstly, they will receive
incentives from the platform for posting projections and advices especially if
they pan out to be accurate. Secondly, they will also receive a commission from
the trades of investors who frollow their signal.
Mary | Satoshi Club
I like this system! Hope our members will join Signal
Traders
Gold Rocket | Satoshi Club
Well, that’s logical enough.
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Carl Moss
yup!
Gold Rocket | Satoshi Club
Q3 from Telegram User @Arisabela
It has recently been in the news that Bit.Store has received investors like the Blockchain Infrastructure Alliance’s with a lot of crypto projects, including Algorand, Near and Polygon, could you tell us if these investors will have a part in the technological growth of your platform? How would Bit.Store benefit from these funds? And above all, what benefits will there be for the community?
Carl Moss
Bit.Store benefits from a huge variety of benefits by having
a strategic investors such as Blockchain Infrastructure Alliance!
In addition to having additional capital that will
accelerate our growth, both in-markets and global expansion, having BIA as a
strategic investor mean that their members – which are top crypto projects as
you mentioned – will be supporting us on three fronts:
1) Business Expansion – these partners hail from all across
the globe and are able to advise us or provide us with networking opportunities
that help us significantly on our expansion plans. An example would be
connecting us to partners that would like to use our investment APIs to build
crypto investment services onto their own solutions. Another good examples
would be guiding us on how to navigate the ever evolving regulatory landscape!
2) Payment Channels – In order for us to make crypto
investment more easily accessible, we need to make sure that our users can use
the payment channels that they have and are familiar with. One of our key
partner, Alchemy Pay – a leading payment crypto project, provides us with
numerous fiat payment channels to help us connect with our users, no matter
where they are at.
3) Marketing – These partners are well-versed and
experienced in marketing tactics in the cryptoverse. Not only do they guide us
on how to market ourselves better in this sector, they also help to promote
Bit.Store amongst their communities which brings plenty of users onto our
platform!
Mary | Satoshi Club
Where we can find the full list of your investors and
partners?
Carl Moss
We are about to update our website with this information!
Keep a look out on www.bit.store for this
Gold Rocket | Satoshi Club
Thanks for your great answers
Mary | Satoshi Club
Thank you! We will follow your updates
Ready to jump to the next question?
Gold Rocket | Satoshi Club
Ready to proceed to the next question?
Carl Moss
Yup！
Gold Rocket | Satoshi Club
Q4 from Telegram User @Z0ryan
I downloaded Аpp for online cryptocurrency investment from your site. It looks quite usable. I noticed that there is a referral program. I’d like to know more about it.And also explain how I can buy cryptocurrency using VISA and MasterCard in this app? I also noticed that there is no support for my language. Do you plan to expand spheres of influence in Europe? If yes, when will it happen?
Carl Moss
Ah.. I’m glad you like it! We place a lot of focus on
enhancing our app to provide great user experience – both aesthetics and
functionalities.
We have a strong referral program whereby there varied
bonuses – such as invitation bonus and commission bonus. A referrer will get
the invitation bonus upon a new sign-up and continue to receive commission
bonus for all assets purchased by the invited friend!
In the future, users can further stake $STORE to unlock even
greater rewards! For instance, after staking STORE and inviting 50 friends, the
user can buy their next Bitcoin or Ethereum at a massive discount from
prevailing market price!
The purchase of crypto with cards is very straight forward,
simply key in the amount you would like to purchase, provide your card details
as you would while shopping online and voila – you are now a proud owner of
crypto-assets!
We are going to expand rapidly in 2022, especially with the support of BIA and its amazing members. Do keep a lookout for our Twitter as we will release more information on our expansion plans
Mary | Satoshi Club
We definitely will keep an eye on your social media
Mary | Satoshi Club
Thank you for detailed answer! Ready for the next question?
Carl Moss
Absolutely!
Gold Rocket | Satoshi Club
My friend’s girlfriend once wanted to order sushi and bought
cryptocurrency in a similar app
@ciupidos
Mary | Satoshi Club
Lol ,now she is holder
Gold Rocket | Satoshi Club
Q5 from Telegram User @ghostofcharmeleon
Hello, the Bit.store team.
After studying your tokenomics, I saw quite standard crypto cases, but an interesting point can also be highlighted. For example, rewarding crypto professionals for their information products is cool. But sometimes projects also use such a tool as buyback and token burning to reduce the total amount of supply and increase the value of the remaining tokens. Do you plan to use them in the future? If there are no such plans at the moment, can the DAO make such a proposal and how will it be met by the team?
Carl Moss
That’s the kind of experience we want to provide! Our
aforementioned investment APIs allows other service providers to enable crypto
investment easily
Carl Moss
Certainly! Bit.Store currently allows STORE holders to vote
on key decisions. We intend to progress towards DAO – we built Bit.Store for
the community and want it to become a platform with this motto “made by
community, for the community”.
In terms of reducing the supply of STORE there could be a
number of ways which will work absolutely great such as burning fee income,
introducing lottery system where a portion of the prize pool is automatically
burnt. However, we will leave this to our community to decide!
Mary | Satoshi Club
Do you have any active proposals in this direction?
Carl Moss
We do but have to proceed very carefully as our lawyers have
advised token burning (especially of revenue/income streams) can cause the
token to be perceived as security. We will continue to find ways, through legal
consultation or seeking advice from BIA, to ensure that we can continue to
bring value to our users and investors.
Mary | Satoshi Club
Sure, everything should be legal
Mary | Satoshi Club
Thank you for your answers! Ready for the 6th and last
question from this part?
Carl Moss
Lets go!
Gold Rocket | Satoshi Club
Thanks for your great answers
Gold Rocket | Satoshi Club
Q6 from Telegram User @Meta_MateX
Personally, I strongly support your mission on helping the world diversify and grow their portfolio with cryptocurrencies. And the main advantage here will be a simplicity to buy crypto in just a few seconds in any corner of the world. However, there’re many countries (and their list is increasing) where it is not possible to buy crypto with bank cards or, moreover, the use of crypto is banned. What solutions can you suggest your potential users who is not able to join Bit.store? Are you planning to work with officials to promote your project and crypto in general? Thank you!
Carl Moss
This is a fantastic question!
This is the reason why Bit.Store places a great deal of
emphasis on regulations. We have a team of lawyers and compliance officers as
well as external advisors to help us on this end.
It certainly helps that the founding members of Bit.Store
holds decades of experience in the highly regulated financial sectors which
helps us navigate regulations as well as seek out for legitimate payment
channels that are willing to support crypto investing.
We have held conversations with government officials to
figure out as well as provide guidance in terms of how regulations should shape
up in a way that we can combat money laundering or crypto used for illicit
transactions without obstructing the value that crypto brings to their citizens
and corporations.
Mary | Satoshi Club
Thank you for your answers! Before we will go to the most
exciting part of our AMA – live part we would like you to share your social
media links with our community , so we will always stay updated
about your latest news
What fees does your platform charge for buying Bitcoin?
Carl Moss
We charge absolutely nothing for buying cryptos on our platform! We have structured this to attract more users to dip their toes into crypto investing. We do, however, charge a small fee for sell-transactions. To save on fees, our users can choose to pay for fees using $STORE which will provide them with fee discounts!
Q3 from Telegram user @Tahsinahmett
What are the advantages of Bit.Store over strong competitors like PAYPAL and SQUARE? What kind of strategy do you have to be strong in competition?
Carl Moss
Paypal and Square’s Cash app charges 3 to 5% in fees, of which, some are hidden. This is mainly due to the fact that they focus mainly on credit card payments which are known to be very expensive. We provide alternative payment channels such as mobile wallets and bank transfers which help our users save on fees!
Additionally, we integrate SocialFi element onto our app. Crypto investment is not only complex, it’s also scary – especially for novice investors. Our SocialFi element will not only help new investors follow trade signals, but also learn how to invest on their own as well as keep abreast of industry ongoings!
Q4 from Telegram user @klolslsk
Do you have AUDIT certificates?? or
Are you working to AUDIT your project, to make it more secure and reliable ?
Carl Moss
Not only do we place great emphasis on ensuring our investors have a great experience using our app, we also want to make sure they have a peace of mind!
Security is never an afterthought for us. We work with top custodians such as Coinbase and Cobo to keep our assets safe and also purchase insurance for our assets so our users’ assets always remain safe and intact. We also engage external auditors to verify our assets tally with our system, in addition to having a four-layer security system and access rights to ensure additional security.
Q5 from Telegram user @lemonloots
What if signal traders want to keep their portfolio secret from public?
Carl Moss
Great question! We will be launching an alternative to the signal option whereby experienced investors can start a private fund on the platform which will allow novice investors to participate. We understand that this may signify additional risk to investors hence the fund manager will have to i) stake STORE tokens which will act as insurance for fraudulent behavior that will be confiscated to be paid out to investors ii) have a certain % of their own funds invested so he/she will have vested interest to make sure the fund performs well.
Q6 from Telegram user @Robotliker1
Why have you choosen project name BitStore and token ticker STORE? How old is your project and how are you unique in the market?
Carl Moss
We wanted Bitcoin investing experience as simple as stepping into a store and making purchase with payment method of your choice! Hence – Bit Store
We begun development and building the infrastructure – in particular, our payment channels and compliance framework as early as 2018. Although our services have only been launched about a year ago, we have over 500k users today. It’s an amazing feat that shows that we are moving in the right direction to serve the underserved folks who are crypto-curious!
Q7 from Telegram user @surendra040
Where is token STORE listed ? Do you have released contract address on the etherum mainnet? How can we buy your tokens?
Carl Moss
Just yesterday, STORE token was launched and listed on Huobi Global, MEXC and Gate.io! Today, we launched on the leading Ethereum DEX, Uniswap, and will be on ACY Finance Exchange later too.
Q8 from Telegram user @klolslsk
STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have plan about to Staking??
Carl Moss
You are right! Stay tuned to our Twitter for an upcoming staking campaign which will be announced very very soon
Q9 from Telegram user @laaf0
You offer that our assets will be protected by custodians, but really why should we prefer this, when in DeFi we can find a completely custody-free system free from any manipulation by third parties? Or could it be that despite being protected by custody, our assets could not be manipulated by third parties?
Carl Moss
You have a great point. While the founding team of Bit.Store prefers pure decentralization (hence our movement towards DAO), we need to be realistic about the market’s present level of awareness. Many novice investors do not even understand how to manage a crypto wallet, much less a non-custodial one which requires them to understand private/public keys, different networks. It’s simply too complex, or even scary at the thought of losing all your investment if you were to transfer your assets to a wrong address!
Bit.Store aims to first reduce the barrier of entry to crypto investing. Provide them a safe environment to learn more about crypto and blockchain before they will dive deeper into other areas such as staking, NFTs and more.
Q10 from Telegram user @Antonio287
There are unlimited platforms out there that provide Access to invest in digital assets Why anyone should choose Bit Store?
Carl Moss
Cash App offers only buying and selling of Bitcoin at a much higher fee compared to top exchanges such as Binance. Yet, Cash App revenue from its crypto segment overshadowed the entire’s group (Square) revenue. This is validation that investors want an easy to use platform.
We are providing exactly that, and more. Our SocialFi and DAO model is never seen before on an investment platform designed for novice traders. Simplicity, Guidance and Community Incentives are the reasons i believe Bit.Store will take the crypto investing space by storm!
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Single Finance Team will select 5 questions and answer them.
For more details: Single Finance – @singlefinanceofficial Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Single Finance Team will select 5 questions and answer them.
For more details: Single Finance – @singlefinanceofficial Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
