AMA Satoshi Club x Centrifuge, January 12th

We are pleased to announce our next AMA on January 12th 2022 at 01:00 PM UTC Time: Satoshi Club x Centrifuge

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Centrifuge Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Centrifuge Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Centrifuge

For more details:
Centrifuge Website – centrifuge.io
Centrifuge Telegram – @centrifuge_chat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Tap Fantasy x Satoshi Club AMA Recap from the 8th of January

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 Tap Fantasy and our guest was . The AMA took place on the 8th 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 Satoshiclubbers welcome to another AMA session

Jonah 🏅🎹 | Satoshi Club

Our Guest today from Tap Fantasy is

@Robert_TapFantasy

Pavel P

Greetings everyone and welcome to our AMA with Tap Fantasy!

Jonah 🏅🎹 | Satoshi Club

Hello welcome to Satoshi club

Robert | Tap Fantasy

Hello everyone!!! It is a pleasure to be here today.

Pavel P

How are you doing today?

Jonah 🏅🎹 | Satoshi Club

We are So excited to have you here

Robert | Tap Fantasy

I’m doing great! How about you?

Pavel P

As Jonah said, we are excited to host you here today!

Pavel P

Let’s move to our AMA!

Jonah 🏅🎹 | Satoshi Club

So let’s dive right into our AMA

Robert | Tap Fantasy

I’m ready to start,

Jonah 🏅🎹 | Satoshi Club

Let’s start with an introduction, can you introduce yourself to us, how you got into crypto and how Tap Fantasy started?

Robert | Tap Fantasy

Of course

Robert | Tap Fantasy

The name is Robert, and I’m the CMO & Co-Founder of Tap Fantasy team.

Robert | Tap Fantasy

I graduated from the University of Toronto with an MBA degree, and worked at Deloitte Go Capture as APAC Strategic Development Director and Innovation Consultant.

Robert | Tap Fantasy

And I’m committed to the work of blockchain digital economy, transforming digital strategies into business value driven technologies.

Jonah 🏅🎹 | Satoshi Club

An Innovation consultant, sounds like a very interesting position

Pavel P

Are you still in Ontario? And the whole team is based there too?

Robert | Tap Fantasy

I’m still in Canada, but not all the team are here. Some team members are based in China and Singapore.

Robert | Tap Fantasy

Since we got to the team part. Our team has been involved in the development of HTML5 games since 2017.

Pavel P

Great! I’m in Montreal so would be great to hear more about Tap Fantasy. What is it about?

Robert | Tap Fantasy

Of course! TAP FANTASY is the Metaverse version of the well-known MMORPG TAPTAP FANTASY, which has been recommended by Facebook and accumulated more than 20 million users with more than 1 million DAU worldwide.

Jonah 🏅🎹 | Satoshi Club

You have a huge user base

Jonah 🏅🎹 | Satoshi Club

Btw how many members do you have on your team at the moment?

Pavel P

Amazing numbers!

Robert | Tap Fantasy

And as a GameFi + Metaverse product that will be launched in January this month, it has both AXIE’s PLAY TO EARN module and Roblox’s DESIGN TO EARN developer module.

Robert | Tap Fantasy

After several years of accumulation, we now have more than 200 ACG characters, plus our partners in Japan also have plenty of animation resources to join the world of the Metaverse.

Robert | Tap Fantasy

This is the basic info about Tap Fantasy!

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

Jonah 🏅🎹 | Satoshi Club

At this point we will like to proceed to community questions are you ready?

Robert | Tap Fantasy

Always ready

Pavel P

Q1 from Telegram user @thisistoyin

I saw that TAP FANTASY has combined the Play to Win and Design to Win modules. The Play to win is Quite Understandable, as we’ve seen more of it in our Contemporary Blockchain Ecosystem, but my Interest is more On the Design To win Modules, how does this feature Function Exactly? And i also notice a Feature called the Tap economic Modules, which uses three types of basic Tokens, which are $TAP, $MC, and The Gold token, could you please tell us the Utilities and Functionalities of these 3 Tokens in your ecosystem, What are their Applications and how can they be Obtained?

Robert | Tap Fantasy

This is a great question. Let me begin by introducing the economic model first.

Robert | Tap Fantasy

TAP’s economic model uses three types of tokens. TAP is the project’s platform Token, MC is the main output token in the game, and Gold is a stable token relative to USDT.

Robert | Tap Fantasy

The role of the TAP TOKEN is mainly as a top reward in the game and an important item for upgrading NFT cards to increase players’ CE.

Robert | Tap Fantasy

MC is a Token produced in the game’s treasure area. It is similar to Axie’s SLP. And it is also an important item for upgrading NFT to increase players’ CE.

Robert | Tap Fantasy

GOLD is a stable coin in the game, which can be obtained by exchange USDT. 1 USDT: 10 GOLD for in-game trading market’s token circulation.

Robert | Tap Fantasy

Back to Design to Earn module. Third-party developers can create games by our Code-Free Map Editor. And receive profit shares generated by the game.

Robert | Tap Fantasy

Or simply mint, design and upload their own NFT profile images, wallpapers and sell them to the other players.

Robert | Tap Fantasy

Meanwhile, GOLD COINS that players consumed in the third-party gameplay modules, designers can get a 50% commission.

Robert | Tap Fantasy

Done.

Jonah 🏅🎹 | Satoshi Club

So how does upgrade of NFT’s take place in Tap Fantasy?

Pavel P

What a great explanation!

Robert | Tap Fantasy

It is an important assets for the game. Not only it has great paintings, and the higher the grade, the higher power.

Jonah 🏅🎹 | Satoshi Club

Thank you for your detailed Answers

Jonah 🏅🎹 | Satoshi Club

Ready for next question?

Robert | Tap Fantasy

Yeah

Pavel P

Q2 from Telegram user @iceVermithraxx

Shifting my attention to the security of your project, can you explain on protocols you have put in place to ensure safety of investors and users? I also noted you completed your Audit with well known Auditor, Certik, although the audit report couldn’t be open, I saw the preview that you encountered 19 issues, with 74% of these issues resolves. Can you elaborate on the issues you encountered during your audit especially the 3 Major issues on Centralization and privileges? Are major project decision going to be made by project team or will community be given a chance to give their opinions? Lastly, can you address the issue of users being unable to access and give full information on your Audit?

Robert | Tap Fantasy

First of all, the audit report by Certik can be found at our website which is https://www.certik.com/projects/tapfantasy

Robert | Tap Fantasy

Meanwhile, we are solving the issues one by one, and most of the issues are informational. Please allow us a bit more time to fix them one by one, since we want to create a safe and trustworthy ACG community to everyone.

Robert | Tap Fantasy

As for major decisions. The governance module of TAP FANTASY is divided into governance modules for overall game parameter setting, marketplace transactions and NFT issuance.

Robert | Tap Fantasy

The setting of the overall parameters of the game will affect whether the game can develop steadily and sustainably. In the early stage, professionals in the team will control the game balance, item output, and token output. The community provides reference opinions and alternative plans, and the community votes to decide which plan to adopt.

Jonah 🏅🎹 | Satoshi Club

When it comes to participation in the governance process is there any minimum requirements?

Robert | Tap Fantasy

Yes there is a minimum requirements, which is the holder of TAP tokens.

Pavel P

Satoshiclubbers, please make your notes!

Jonah 🏅🎹 | Satoshi Club

So holding any amount gives you access?

Robert | Tap Fantasy

Not any amount gives you access of the voting. For more information, please join our community and there will be a detailed version!

Pavel P

Thank you for your answers! Let’s proceed to the question nr. 3!

Robert | Tap Fantasy

Sure.What’s the 3rd question?

Pavel P

Q3 from Telegram user @sunny_steel

While analysing the principle to start playing, I can see you mentioning that players can access Tap Fantasy directly on the web page or wallet and then start playing immediately. There’s no need to download or purchase NFT items. At the same time there’s a notice that after purchasing NFT players enter VIP area where they start earning MC tokens and NFT skins. Does it mean that in free mode players cannot obtain any MC tokens? Please also specify if there’re any other differences while playing for free or when purchasing NFT? Do the NFT holders get more advantages or access more features?

Robert | Tap Fantasy

I can see that this user had a deep reading about our project, and we are more than happy to answer this.

Pavel P

That makes difference here – the attitude

Robert | Tap Fantasy

And the answer is Tap Fantasy is free to play, and free to play module can help the game to attract more players, especially non-crypto players Which we think is as important as crypto players.

Robert | Tap Fantasy

Couldn’t agree more.

Robert | Tap Fantasy

Meanwhile, the players does need to purchase NFT in order to hunt in the VIP treasure area. However, this isn’t the only method to Play to Earn.

Robert | Tap Fantasy

We also created multiple gameplays for players to earn. Such as arena reward, Guild vs. Guild wars. And the rewards are in TAP tokens as well.

Robert | Tap Fantasy

However, there will be advantages for players with NFTs. The number one thing is the NFT players may have a higher power/combat effectiveness. Since our NFT are graded by R, SR, and SSR. The higher the grade, the higher the power.

Jonah 🏅🎹 | Satoshi Club

This gives users more opportunity to earn

Robert | Tap Fantasy

And I don’t think I need to explain what higher power means.

Jonah 🏅🎹 | Satoshi Club

It’s clear enough

Robert | Tap Fantasy

And done

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Pavel P

Let’s see the next question!

Pavel P

Q4 from Telegram User @Modrumz120

From your website, you mentioned that third party developers design and create gameplay modules using TP’s no code map editor. Game designers earn 50% commission from GOLD coins that players consume in the third party game play modules. Can you elaborate more on why third party developers are involved in the creating of gameplay modules in TAP Fantasy? Can you explain this TAP TOKEN no code map editor and how it tends to benefit the user of TAP Fantasy? You also mentioned that 50% of TAP TOKEN’s coin  (GOLD) consumed by the users are given to game designers as commission, Can you please elaborate more on why you decided to award TP’S Game designers with such high percentage and what are the other 50% of allocated to or used for? Thank you.

Robert | Tap Fantasy

This question is actually related to our Design to Earn module.

Robert | Tap Fantasy

The reason we create the Code-Free Map Editor is we want everyone is able to create their own gameplay contents, and letting themselves to achieve the “Design to Earn”.

Jonah 🏅🎹 | Satoshi Club

This is impressive

Robert | Tap Fantasy

Which means the higher the commission, the higher the chance to create a better and more interesting contents. We want to ensure that we can inspire more designers and developers!

Robert | Tap Fantasy

The other 50% will be used to as ecological fun and to improve the game contents.

Robert | Tap Fantasy

Done.

Jonah 🏅🎹 | Satoshi Club

Are these percentages subject to change?

Robert | Tap Fantasy

Nope, this will be the same in the future as well.

Robert | Tap Fantasy

It only can be higher commission, not lower.

Jonah 🏅🎹 | Satoshi Club

Great job

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Jonah 🏅🎹 | Satoshi Club

Ready for next question?

Robert | Tap Fantasy

Of course!

Pavel P

Q5 from Telegram User @KathDM

One of the goals of TAP Fantasy is to build an ACG ecological community by players and developers through Code-Free Map Editor and NFT mint tools. You comment that the Free-to-Play model allows more traditional players to participate in the Metaverse and I read that TAP Fantasy decided to combine both Play-to-Earn and Design to Earn modules. What tools allows TAP Fantasy to be Play-to-Earn while being Free-to-Play? Can you explain to us how you manage to keep the economy of the TAP fantasy game sustainable in the long term? Will the game be Free-to-Play permanently or only for a limited time? If many users enter to play for free and withdraw money from the game, won’t it affect the economy after a while?

Robert | Tap Fantasy

Looks like everyone is interested in the earning part of the Game.

Jonah 🏅🎹 | Satoshi Club

Yeah..

Robert | Tap Fantasy

First of all, free to play means everyone can join the game without purchasing any thing from us or the market. This way it ensures more traditional players can participate in the Metaverse. And this means it will always be Free to Play.

Robert | Tap Fantasy

As for Play to Earn, there is no tool needed as well. All you have to do is to participate in the in-game activities and events. Like fight world bosses, win the arena, etc.

Robert | Tap Fantasy

As for Design to Earn, you will be needing our Code-Free Map Editor in order to achieve this.

Robert | Tap Fantasy

Done

Pavel P

So everything is in players hands – just play for fun and earning! What can be better?!

Jonah 🏅🎹 | Satoshi Club

Totally an interesting opportunity for all players

Robert | Tap Fantasy

That’s right, players have the decision to play to earn or design to earn.

Pavel P

Ready to proceed to the last question of part 1?

Robert | Tap Fantasy

Let’s go!

Pavel P

Q6 from Telegram User @chinyere2020

I learnt that Tap Fantasy will launch its cities system Q2 2022 which will allow users to have their own industries. Can you give a detailed explanation about how the cities system of Tap Fantasy will work? I also learnt that all the lands that will be used in the cities system will be auctioned in the form of NFTs. How many Land NFTs will be auctioned by Tap Fantasy? Can you give more details about these Land NFTs? What will be their functions and use cases in the Tap Fantasy ecosystem? Can you mention some of the benefits that holders of these Land NFTs will be entitled to?

Robert | Tap Fantasy

Let me explain how the land system works first.

Robert | Tap Fantasy

For the NFT lands, you can open a coffee shop to restore extra physical strength for other players, and customize a personalized image for the player’s character by opening a beauty salon.

Robert | Tap Fantasy

As for the number of NFTs, we cannot provide a exact number yet, but this will be released in our community soon, so be sure to join!

Robert | Tap Fantasy

About the benefits of owning a NFT land, Players have property rights + pricing power for their own businesses, and set prices for their services they provide, the system will only charge a 5% tax.

Robert | Tap Fantasy

Done

Jonah 🏅🎹 | Satoshi Club

Asides these are users able to open any other shops of their choice?

Jonah 🏅🎹 | Satoshi Club

Like maybe a restaurant so other players can refuel themselves

Robert | Tap Fantasy

Of course, this is only an example. Just like you said, you can open restaurants, gyms, equipment shops and more.

Jonah 🏅🎹 | Satoshi Club

Awesome, this will sure be an exciting experience for all players..

Jonah 🏅🎹 | Satoshi Club

Thank you for you great answers to our questions

Robert | Tap Fantasy

It’s my pleasure to answer these questions.

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to the second part of our AMA, our Members are ready to greet you with their Questions

Jonah 🏅🎹 | Satoshi Club

We will open the chat for 120 secs after closing the chat you will then answer 10 questions of your choice are you ready?

Pavel P

Let’s face the storm of LIVE questions!

Pavel P

Get ready!

Robert | Tap Fantasy

Of course, let’s go.

Jonah 🏅🎹 | Satoshi Club

Opening Chat now Guys get ready

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Thisistoyin

It was Quite Interesting to see that your Platform also Supports the third-party Game Development. please i would like to know what Modules would the Creators and Designers use in Eliciting this Development, how is the Revenue Commissions generated? And could you please enlighten us on the Totality of Your Characters? Are users also going to Partake in these Character Creation and Designs? Furthermore, i also noticed that There was A TAP TAP FANTASY and Also the TAP FANTASY, Could you please Distinguish between both of them with Regards to your Platform?

Robert | Tap Fantasy

You are the first question, so let’s begin with you.

“TapTap Fantasy” was officially launched in Taiwan, Japan, Southeast Asia, Thailand, South Korea, Russia and some other regions in 2019.

It’s the most popular adventure and role-playing game on Facebook and has received two global recommendations in less than 6 months.

Now, the Tap Fantasy is the Metaverse version of “TapTap Fantasy”.

At this moment, we have over 200 ACG characters, and we do encourage players to create their own and sell them to other players.

Q2 from Telegram user @hihohiho140699

I Read that TAP FANTASY Is Build on the HTML5 TECHNOLOGY , Well Can You please tell me More about this Technology and What Advantages It Gives to the Project ?

Robert | Tap Fantasy

The game is based on HTML5 technology, which means you can play directly on the webpage.Meanwhile, the game is suitable for newbies and non-crypto players as well. Not only we started with non-crypto games, which means you can play the game like a traditional H5 game.

Q3 from Telegram user @tomo_fan

If I want to MINT NFT’S on TAP fantasy platform what I have to do and which token I have to use for minting?

Robert | Tap Fantasy

Again, we do encourage everyone to participate in the Design to Earn module.

We will be launching our own marketplace. Players can upload their own self-designed fan image MINT into NFT avatars, skins, wallpapers, etc. and upload them to the official website exchange to make money!

And the token will be TAP. The tool to mint is the Code-Free Map Editor.

Q4 from Telegram user @Antoni_azx

It is no secret to anyone that the volatility of the current market has buried many blockchain games, even those that have a large number of players, can you tell us the strategy of Tap Fantasy to prevail even in a bear market? How will the rewards model for users and commissions be approached to improve and maintain the ecosystem? Also, will they have deflationary mechanisms?

Robert | Tap Fantasy

This is actually a common question.

I’ll start by sharing some achievements we just made. We just raised millions of dollars led by NGC Ventures and LD Capital.Plus, we reached $300,000 in 37 minutes during the IDO in Cocos and another $300,000 in Gamestarter.Meanwhile, we will conduct online communication with telegraph and community users in discord. Next, we will launch a series of activities, such as white list collection and airdrop. Please join our community for specific time and pay attention to the follow-up announcement.

Q5 from Telegram user @Zohaya

How can I get started with Tap Fantasy? Is it possible to play it on our smartphones, or are computers the only option for us?

Robert | Tap Fantasy

Thank you for liking our game!At this moment, Tap Fantasy does not have an mobile version. However, it is made with HTML5 technology, which means you can open directly on your web page or embedded in the wallets, exchanges, and social media Apps.

Q6 from Telegram user @Clint_25

What are the important benefits for Tap Fantasy in the current crypto industry, given the fact that there are numerous competitors?

Robert | Tap Fantasy

We think there are 4 highlights for TF:

  1. HTML5 client-free technology + TensorFlow AI recommendation algorithm.
  2. Building an ACG ecological community by players and developers through Code-Free Map Editor and NFT mint tools.
  3. Free to Play allows more traditional players to participate in the Metaverse.
  4. Combining both Play to Earn and Design to Earn modules. The more choices players can have, the more stable the entire ecology is.

Q7 from Telegram user @iam12312

Recently you have announced partnership with YGGSEA, how this partnership will help TAP fantasy and do you have future announcement regarding partnership?

Robert | Tap Fantasy

Actually, YGG is only one of our partners. Currently TAP FANTASY has dozens of partners, including traditional game publishers and blockchain organizations, such as in game, NGC, Krypital, ArkStream, GameStarter, etc.

We also have well-known guilds to join like YGG, GGG and Titans.We will work together to build a better and fun MMORPG and ACG community to everyone!

Q8 from Telegram user @Alixbella

Tap Fantasy. I saw that it features several characters in the game. Can we create teams within the game or can we only play with a single character? How many battle modes are there in the Tap Fantasy game? Are the characters just girls? Why? Is there only Arena Mode in the game or does it have more battle modes? What do you have planned for this year 2022? You will have an NFT market, where can we exchange or buy NFT masks?

Robert | Tap Fantasy

That’s a lot of questions, but I’m sure this will answers for a lot people.

No, you will be able to own multiple ACG characters. As matter of fact, you can collect all the 200 ACG characters.

Plus, not all the characters are female, there are plenty male characters as well. And all of them have fabulous paintings, 3D models, and dubbing by well-known Japanese voice actors.

At this moment, arena is the only battle mode we have, but we are developing more PVP systems into the game.

Q9 from Telegram user @tatarrama

Can you tell us about the ultimate goals that the team that designed the TAP FANTASY game is trying to achieve in crypto and gaming? What role do you want to play in the future as the crypto market grows more and more?

Robert | Tap Fantasy

Our ultimate goal is to build an NUMBER ONE ACG community on blockchain!Right now our IGO already will be started on TrustPad at Jan.8th and everyone is welcome to participate.

In this January, the NFT skins pre-sale, Genesis game season, and most importantly, the game will be launched. Multi-chain system, social system, cross-chain maps, and arena will be launched in the first quarter of 2022. The land system will be launched on the second quarter. Code-free map editor and TAP Ecological Foundation will be launched in the second half of 2022.

Q10 from Telegram user @RahulAmbani5

Can I participate in the NFT Launch sale on 10th Jan? Or is it restricted to some specific whitelisted people if there was any ?

Robert | Tap Fantasy

Last question which is also one of our most important upcoming events.The NFT sale will be launched on Binance NFT Marketplace in Jan.10th starting at 10:00am UTC. And everyone should participate and check out these NFTs with great paintings!And again, everyone is welcome to join, there is no whitelisted people for the NFTs. We want to ensure that this is fair and equal for everyone!

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:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram –https://t.me/tap_fantasy
Medium –https://medium.com/@tapfantasy2021
WebSite – https://tapfantasy.io/#/
Twitter-https://twitter.com/tapfantasy2021

AMA Satoshi Club Spanish x Scope Spanish, January 11th

We are pleased to announce our next AMA on January 11th, 2022 at 05:00 PM UTC Time: Satoshi Club Spanish x Scope Spanish

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join Scope Telegram group

We will have the following structure:

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. Scope Team will select 5 questions and answer them.

For more details:
Scope – @SCOPECOINofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club Spanish x Integritee Spanish, January 11th

We are pleased to announce our next AMA on January 11th, 2022 at 03:00 PM UTC Time: Satoshi Club Spanish x Integritee Spanish

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join Integritee Telegram group

We will have the following structure:

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. Integritee Team will select 5 questions and answer them.

For more details:
Integritee – @Integritee_Official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Overeality, January 10th

We are pleased to announce our next AMA on January 10th 2022 at 05:00 PM UTC Time: Satoshi Club x Overeality

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Overeality Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Overeality Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Overeality

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

AMA Satoshi Club Indonesia x Arker Indonesia, January 10th

We are pleased to announce our next AMA on January 10th, 2022 at 03:00 PM UTC Time: Satoshi Club Indonesia x Arker Indonesia

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Indonesia Satoshi Club Telegram group
👉 Join Arker Telegram group

We will have the following structure:

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. Arker Team will select 5 questions and answer them.

For more details:
Arker – @ArkerCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Indonezia – @satoshi_club_indonesia

AMA Satoshi Club x Mecha Morphing, January 10th

We are pleased to announce our next AMA on January 10th 2022 at 01:00 PM UTC Time: Satoshi Club x Mecha Morphing

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Mecha Morphing Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Mecha Morphing Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Mecha Morphing

For more details:
Mecha Morphing Website – mechamorphing.com
Mecha Morphing Telegram – @Mecha_Morphing
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x bloXmove, January 12th

We are pleased to announce our next AMA on January 12th 2022 at 05:00 PM UTC Time: Satoshi Club x bloXmove

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join bloXmove Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. bloXmove Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about bloXmove

For more details:
bloXmove Website – bloxmove.com
bloXmove Telegram – @bloXmoveCommunity
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

NFTY Portal x Satoshi Club AMA Recap from the 7th of January

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 NFTY Portal and our guest was . The AMA took place on the 7th 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

Robocop | Satoshi Club

Hello Satoshi Clubber, today we will have AMA with NFTY Portal session

Robocop | Satoshi Club

And our guest are @Thecryptomarketing and @Hazadus01

Az

Thank you

Nice to be here in your famous group

Joaquin Bravo

Pleasure to be here!

Robocop | Satoshi Club

Nice to meet both of you  how was your day?

Joaquin Bravo

Good, just started. It’s 8am where I am at

Az

Great day thank you

how was your day?

Jonah 🏅🎹 | Satoshi Club

Hello @Thecryptomarketing @Hazadus01 Nice to e-meet you all

Robocop | Satoshi Club

Yes its great day, we are so excited to doing AMA with NFTY Portal

Az

Hi mate nice to e-meet you also

Jonah 🏅🎹 | Satoshi Club

Let’s start our AMA and make this session an exciting one

Robocop | Satoshi Club

Yes, please introduce about yourself and what is NFTY Portal?

Joaquin Bravo

Sounds good!

Joaquin Bravo

My name is Joaquin Bravo and I am the CMO of the Project. I have been in the Crypto industry for +3 years, helping many projects succeed!

Joaquin Bravo

Nfty-portal.io is a decentralized exchange/platform with its own hybrid (PoW/PoS) blockchain, which allows for millions of transactions to be done per second. Their own high-speed and easily scalable blockchain makes it possible to create super-fast bridges for any existing native coins, tokens, and NFT assets created on the main existing blockchains. This also provides the opportunity to create a new generation of decentralized exchanges.

Az

My name is Az, I have been in crypto for about 4.5 years and NFT for about 2 years

I am COO of NFTY Portal, COO of our Swiss Tech company DexTech AG

and very excited to talk to you all about NFTY

Robocop | Satoshi Club

Wow both of you have great experience in cryptoworld

Jonah 🏅🎹 | Satoshi Club

Great background guys, how many members are currently on your team?

Az

We have around 20 in the company and 9 on the NFTY Portal team not including TG and Discord mods

Jonah 🏅🎹 | Satoshi Club

That’s an Impressive number, how did the project start and how long did it take you to get to this stage?

Robocop | Satoshi Club

Thats really great team , do your team anonymous or its public?

Az

The devs have been writing this code since 2017.We have been working on the NFTY Portal for near 12 months

Az

some public, some anonymous

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction we will like to proceed to community questions are you ready for them?

Robocop | Satoshi Club

I see , ok then lets continue to community question?

Robocop | Satoshi Club

Thank you for the great intro

Az

Lets do it

Robocop | Satoshi Club

Q1 From Telegram User @Modrumz120

From your white paper, you mentioned that your ability to store data on-chain will have numerous positive effects on the industry providing a much needed highlevel of  Safety,increased Efciency and overall allowing blockchain to operate more Efectively. All operations,from trading to minting will be conveniently executed in the safe and powerful,decentralized environment of our revolutionary,proprietary NFTY Portal. Can you explain the process of storing data on-chain and how it will be done? You mentioned that there will be high level of security, I’m curious to know,with the rate of smart cyber attackers on the rise today, What are your anti-cyber attack measures you’ve put in place to counter them and how will they work to provide safety to the users of the NFTY Portal?

Az

Storing Data on chain is done with the NFTY code and the ability to string data together

Data can be anything from words, to pictures and even high res videos

Another cool addition is the transaction id for a mint can be used directly on social media like Twitter and others can see the NFT info linked straight to the NFTY Portal marketplace

Joaquin Bravo

With regards to the security, we are working with a company to have our smart contracts undergo an audit to assure there are no risks for the users. We aim on completing this prior to our launch.

Az

We also have a heap of new code like the VRX Velocity system and the new Deminodes to help our chain which can adapt and is a truely smart chain to potential attacks

Jonah 🏅🎹 | Satoshi Club

Will you be able to share the company with us or till the audit is. Completed?

Joaquin Bravo

We are planning on doing it with Hacken, as they are top in the industry.

Joaquin Bravo

We are also considering doing multiple audits to provide extra security to our investors.

Jonah 🏅🎹 | Satoshi Club

Hacken is indeed one of the most reliable  audit companies in this space

Jonah 🏅🎹 | Satoshi Club

Impressive

Robocop | Satoshi Club

Great company for an audit

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Jonah 🏅🎹 | Satoshi Club

Ready for next question?

Az

Yes please

that was a good question

Joaquin Bravo

Yes

Robocop | Satoshi Club

Q2 From Telegram User @Rozielyna

You mentioned that One of the issues of crypto and NFT minters is that NFT minters pay a third party /marketplace to store their data used in initial mint transaction, and then also pay external marketplaces to gain access to their own data to trade on those external marketplaces. NFT minters then post a link to their data in socials, and interested buyers click the link, and are taken to the marketplace to view the artists work, then pay the marketplace a fee to purchase, but still do not take control of the stored data. Can you highlight more on how NFTY platform tend to solve this issue? How can NFT minters take control of stored data on your platform? What are the various features made available to Solving this issue on your platform?

Jonah 🏅🎹 | Satoshi Club

This days everyone is interested in having total control of their data

Joaquin Bravo

NFTY chain solves issues around data storage by allowing data to be stored on the blockchain at time of minting. This streamlined process allows anyone minting NFTs to do so now in a more cost effective and time efficient manner from the safety of your NFTY Portal.

The main features that NFTY presents are:

– Hybrid Blockchain

– Instant Transactions

– Super Low Fees

– Dynamic Block size

– Efficient, Secure, and Infinitely Scalable.

– Demi-nodes Introduction (allowing for mobile devices to help secure the network)

– Greenest and cheapest blockchain of all

Jonah 🏅🎹 | Satoshi Club

In other words this means users have more control, safety and lesser fees

Az

The NFT is obviously controlled by the person who owns the data, so when someone mints an NFT they can sell it on to others like a normal NFT however with more upgraded features than the current basic NFTs on the market today.

The features we have mean it is truely decentralized therefor no need for centralized third parties to control anyones data

Jonah 🏅🎹 | Satoshi Club

I’m particularly interested in the idea of Demi-nodes , how do users get to participate and what will be the rewards?

Az

Yes safer, efficient, effective

Az

Demi-nodes are not like masternodes, while we will have masternodes and community masternodes, demi-nodes allows data to be transferred using very minimal cpu allowing peoples phones and tablets to help provide nodes and secure the system

Joaquin Bravo

This

Jonah 🏅🎹 | Satoshi Club

Do users need to download any mobile app for this?

Az

We will have a mobile app for both iOS and Android

Jonah 🏅🎹 | Satoshi Club

This is interesting

Jonah 🏅🎹 | Satoshi Club

Thank you for your superb answers

Az

yw

Jonah 🏅🎹 | Satoshi Club

Ready for the next question?

Az

great questions

Robocop | Satoshi Club

This really great, thank you for the answer

Jonah 🏅🎹 | Satoshi Club

Thank you

Joaquin Bravo

Yeah, awesome questions!

Jonah 🏅🎹 | Satoshi Club

You will get to see more when the gates are opened

Jonah 🏅🎹 | Satoshi Club

For now let’s move to the next question

Joaquin Bravo

I’m ready for that

Robocop | Satoshi Club

Q3 from Telegram User @iceVermithraxx

Talking about Technical point of view of the NFTY project, while a single blockchain is quite capable of processing large amounts of information, newer methods where a blockchain system will use smaller blockchain reliant on parent chain known sidechains were created and NFTY’s approach is to have these sidechains remain capable of functioning completely independently. Can you elaborate more on NFTY’s approach to have sidechains function complete independently instead of relying on its parent chain and how this approach is going to work? Can you explain on why you choose to use this particular approach? What are the advantages of sidechains working independently going to bring to the NFTY ecosystem?

Joaquin Bravo

By having our own blockchain, we are allowing projects to build up from it. We provide them with benefits unlike any others. It being a hybrid blockchain, it provides users with extremely low fees and instant transactions. This gives the blockchain more uses and higher adoption, allowing it to grow further. The scalability options of the blockchain are endless!

Jonah 🏅🎹 | Satoshi Club

Are there projects currently making use of your Blockchain?

Az

The advantages of sidechains operating simultaneously allow for the parent chain to remain uncongested.

sidechains can assist in sharing the work load of block verification.

The code also has scalable blocks that increase or decrease in size depending on the traffic.

The NFTY code is also part of a bigger network utilising the Fractal Engine.

Each project from the devs at Uunigate that operate using the Fractal Engine can assist with data sharing and block confirmations.

The end result is an extremely fast near instant, while being extremely secure, transaction speed.

Az

We are about to launch the NFTY Portal project roughly late January

At that point others can create tokens on the chain and/ or mint NFTs

Jonah 🏅🎹 | Satoshi Club

We will be looking forward to the launch

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Jonah 🏅🎹 | Satoshi Club

Ready for next question?

Joaquin Bravo

Yeah!!

Robocop | Satoshi Club

Q4 telegram user @Rotoxy

NFTY System have three coins: NFTY Space, NFTY Time and NFTY Motion. Of these, NFTY Motion is going to be the governance token. NFTY Motion will be given to holders of NFTY Time as a reward. Can you tell us why these three tokens are necessary and how your platform will utilise them? What format will you use to share NFTY Motion to NFTY Time holders? Since NFTY Motion can serve governance purpose, is there an amount of NFTY Motion that a user should have before before partaking in governance?

Joaquin Bravo

NFTY Space coin will be used as the payment coin for transaction fees related to coins, tokens and NFTs, and also for minting NFTs or tokens on the NFTY chain. It can be staked in the NFTY Wallet and will also be used in yield farming.

Joaquin Bravo

NFTY Time will be used as the reward coin that users earn when they engage in yield farming their NFTY SPACE coin. NFTY TIME coin also acts as a highly collectible, high-demand, low- supply coin that can be traded with other tokens in the NFTY ecosystem.

Joaquin Bravo

NFTY Motion is the governance coin of the NFTY ecosystem and will be gifted to NFTY TIME hodlers as a reward, giving them governance rights over the NFTY Portal project’s future decisions.

Robocop | Satoshi Club

Can you please share the tokenomics from NFTY Portal token?

Az

all Motion holders will have a say in the governance, there are no minimum amounts required to have a vote

Joaquin Bravo

NFTY Motion will be airdropped to NFTY Time hodlers after a given period

Here are the Tokenomics of the project

Jonah 🏅🎹 | Satoshi Club

Can you share details of how NFTY space coin can be staked using your wallet?

Joaquin Bravo

NFTY Space farming for the NFTY time will be done through the NFTY Portal DeFi section, which is connected to your wallet.

Joaquin Bravo

By holding NFTY space, you can stake for more NFTY Space straight from your wallet

Joaquin Bravo

Earning rewards passively

Jonah 🏅🎹 | Satoshi Club

This is a great opportunity Guys

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Jonah 🏅🎹 | Satoshi Club

Ready for next question

Az

yw and yes lets do it

Robocop | Satoshi Club

Q5 telegram user @Cheriemike

NFTY Portal is the gateway to an effective trading universe and what caught my attention is your slogan “Space and Time in Motion”.So can you tell us what your slogan entails?And I noticed that your ecosystem coins are attached to your slogan,NFTY Space,NFTY Time and NFTY Motion.So can you tell us what direct bearing those your slogan have on your token?So far have you been living to your slogan,like doing as your slogan says knowing quite well that nothing come easy?Please explain Thanks

Jonah 🏅🎹 | Satoshi Club

An interesting question

Az

good question

Az

Slogan explanation: Space and Time in Motion

Space – the size of the crypto and NFT market is unlimited like Space

Time – a transaction stamps on the blockchain marking the Time

Motion – crypto and NFT development is moving forward through space and time opening new portals/ doors, beginnings in constant Motion

Robocop | Satoshi Club

What a great Slogan you have

Az

thank you

Az

its very science based

Az

a little bit philosophical also

Jonah 🏅🎹 | Satoshi Club

And covers interesting aspects of this space as well

Az

agreed

Jonah 🏅🎹 | Satoshi Club

Great Job Guys

Jonah 🏅🎹 | Satoshi Club

Let’s proceed to the last question for this part

Robocop | Satoshi Club

Do you want to add something or we can go to last question?

Az

can go to next

Joaquin Bravo

We can go to the last question

Robocop | Satoshi Club

Q6 telegram user @nhairym

What characteristics does NFTY Portal have that makes it better than other DEXs, a few months ago they mentioned about a new updated code to cover the latest security concerns for Bitcoin and bitcore projects and that they are coming. More great features on the way, how much have evolved in these aspects, what milestones have you set out to achieve to start this new year, why should we trust and invest in your platform?

Az

NFTY Portal offers trading for coins/ tokens and NFTs

We will also allow atomic swaps cross chain trading etc

Joaquin Bravo

It is also far more scalable and efficient that the other DEXs

Joaquin Bravo

And can do thousands of transactions in seconds

Az

some of the great features are the Demi-Nodes which have been completed and also the upgrades to NFT storage and viewing capabilities

Robocop | Satoshi Club

Oh new feature , btw can you please share the roadmap from NFTY Portal?

Az

To answer the last part of the question, always DYOR then choose whether you invest or not

Joaquin Bravo

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing

Az

our Roadmap is currently being updated by the website devs

A new version will be released soon showing some of the upcoming features and milestones to reach for this year

Jonah 🏅🎹 | Satoshi Club

Thank you Guys for your Amazing answers in this first part

Robocop | Satoshi Club

Thank you for clear and detail answer

Az

yw they were very good questions

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to the second part of our AMA, our members are super ready to get this chat flooded with their wonderful questions

Robocop | Satoshi Club

Are you ready for storm of question from our community?

Jonah 🏅🎹 | Satoshi Club

We will open chat for 120 seconds and when the chat is closed you will select 10 questions of your choice

Az

Yes bring on the storm

Jonah 🏅🎹 | Satoshi Club

Opening chat now

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Josegamboac

To provide users with maximum convenience, NFTY Portal has created a DEX where users can exchange and store coins, tokens, and NFTs in one place. What are the assets that can be traded in NFTY? What are the advantages of having assets in NFTY? How is NFTY different from other DEXs?

Joaquin Bravo

NFTY will feature a DEX, where you can trade tokens, a Marketplace for NFT, with the incorporation of Metaverse projects in the future. The advantage to other blokchains is that it is highly scalable and efficient, with super low fees and instant transactions.

Q2 from Telegram user @Meta_ji

How can we Mint NFT’s on NFTY portal and what Token do we need for this?

Joaquin Bravo

Anyone can mint NFTs using NFTY Space! NFTY chain solves issues around data storage by allowing data to be stored on the blockchain at time of minting. This groundbreaking discovery allows for many options to flow from the new features now available to blockchain technology such as direct NFT advertising for example. Instead of posting a link to a marketplace on social media, sending interested parties in that particular NFT to a site where they can then view the NFT and choose whether to interact, you can now post a link to your NFT directly to the chain it was minted on.

Q3 from Telegram user @razraz_hardbass

I have a question about platform vulnerabilities: Did platform take place some penetration tests or may be tested inside devs community?

Joaquin Bravo

The platform is undergoing several tests while on the testnet, and will be audited prior to launch. Our devs are working hard to assure that there are no bugs within the contract

Q4 from Telegram user @cryptoeclipse

Will there be an ability to delete an NFT or an NFT collection/project instead of sending it to a burn address?

Az

Hello,

Thank you for your question.Since NFTs are minted on the blockchain they cannot simply just be deleted.As we will be a Decentralized Platform we will not be removing NFT projects like the centralized exchanges currently do.
However if there is something minted which does not meet the guidelines due to extreme violence, hatred, harassment, slurs etc then that project will be banned from the Portal.

Q5 from Telegram user @Rinhere

For new users, Various kinds of rewards are very attractive,
How can users earn rewards while trading on NFTY Portal Platform?

Joaquin Bravo

The NFTY token is used for the following:
Commission when issuing NFT
Commission when buying or selling NFT
Commission when donating or transferring NFT
Commission when creating tokens on the NFTY blockchain
Masternode fees commission

You can also stake and farm NFTY to earn rewards passively

Q6 from Telegram user @Fatima6734

On Your website, I came across NFTNauts,
What is NFTYnauts, Please tell us about that?

Az

Hi,
Thank you for your question.NFTYnauts are the NFTY Portal mascots. These mascots will be used for marketing, NFT drops to Time holders and numerous other rewards, maybe even some IRL rewards.Stay tuned for more info as we launch…

Q7 from Telegram user @Arisabela

Compared to your direct competitors, NFTY uses a consensus mechanism that can be considered “hybrid” and, according to statistics, transactions are carried out completely instantaneously. I would like to know who is part of the operation of this mechanism, how do you keep it free of errors and how expensive is it for the maintenance of the ecosystem? What is the role of real users in all this?

Joaquin Bravo

The blockchain is hybrid, which means that it combines PoS and PoW. By doing so, the multi-chain system that can generate side-chains for any depth of features allowing the system to scale data processing capabilities exponentially.

Q8 from Telegram user @vector_190

What is the difference between NFTY Desktop wallet and NFTY Web wallet and when are You going to launch your mobile wallet?

Az

Hi,

Thank you for your question.
Desktop wallet is currently available for Windows and will soon be released for Mac.
Desktop wallet has full functions such as minting, staking, encrypted IM and more

Webwallet is created for people who do not have a desktop pc or laptop and can be used on portable devices though a browser
This does not have full functions like the desktop wallet.Mobile wallets will be launched in early to mid 2022 and will have similar functions to desktop wallet.

Q9 from Telegram user @Pokerlight

The majority of crypto projects are focused on English communities, so do you have any particular plans to expand to communities with other languages? Like Spanish, Russian or Indonesian?

Joaquin Bravo

We do have a massive following from Russian, Spanish, and Indonesian communities. As we grow, we will be able to create TG groups for everyone to participate. Moreover, we have different channels on our Discord (https://discord.gg/7MnrhQwPTv) that allow members to talk about the project in their native language.

Q10 from Telegram user @Akira236

I have heard about proof of work and proof of stake, What is PoW/PoS Hybrid?
Please brief us about that

Az

Hi,
Thank you for your question.
Hybrid takes the best features of PoW and PoS and utilizes them in an efficient and effective way while maintaining ultimate safety.This also makes us one of the greenest chains on the plane

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:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram –https://t.me/NFTY_Portal
Medium –https://medium.com/@NFTYportal
WebSite – https://www.nfty-portal.io/
Twitter-https://twitter.com/NFTYPortal

Lootex x Satoshi Club AMA Recap from the 6th of January

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 Lootex and our guest was . The AMA took place on the 6th 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 Lootex!  Welcome to Satoshi Club

D. | Satoshi Club

our guests today – @chiawei579 @justinelu @TYY_TYY @dtseng !

Gary | Lootex (will never dm you)

Hi guys!

D. | Satoshi Club

hello! welcome to Satoshi club!

Mary | Satoshi Club

Hello and welcome here

Mary | Satoshi Club

How’s going?

Gary | Lootex (will never dm you)

Great!

D. | Satoshi Club

Ready to start the AMA ?

Gary | Lootex (will never dm you)

Yup, LFG!!!

Mary | Satoshi Club

So could you please introduce yourself and tell us more about Lootex?

Gary | Lootex (will never dm you)

Sure!

I’m Community Manager of Lootex, and about the origin of the company’s name, Lootex, was Loot Exchange — a cross-chain game item shop for the Metaverse.

Gary | Lootex (will never dm you)

We are devoted to building a gamer-centric, in-game asset marketplace where players can easily browse and trade the most popular game assets.

Mary | Satoshi Club

Is your project young?

Mary | Satoshi Club

How long did it take you to grow from idea to Lootex?

Gary | Lootex (will never dm you)

Lootex company was established on 2018. but as we all know, NFTs weren’t as popular back then as they are right now. The crypto world moves very fast and the idea of building a player-centric marketplace took 3 years to finally develop into what it is right now

Mary | Satoshi Club

Who are in your team? Is it big?

Gary | Lootex (will never dm you)

D. | Satoshi Club

Some of them will be on AMA today, or you will be alone?

Gary | Lootex (will never dm you)

Here is our core team members. Last year we are only 14 members and maybe in 2022 we are going to hit around 40

Mary | Satoshi Club

What are Lootex main goals?

Mary | Satoshi Club

Cool!

Gary | Lootex (will never dm you)

Lootex has always believed in putting gamers first, which has been achieved by providing gamers with the best trading tools for in-game assets. Lootex’s marketplace features over 12,720 NFT assets and over 140 collections available on multiple blockchains with an easy-to-use interface designed specifically so gamers can buy what they need when they need it.

Mary | Satoshi Club

I like this

Mary | Satoshi Club

Thank you for your intro! Ready to start with the questions from our community?

Gary | Lootex (will never dm you)

Yes!!

Mary | Satoshi Club

Let’s go

D. | Satoshi Club

Q1 from Telegram @Rotoxy 

Last year December, you introduce Lootex Badge 2021. Users were expected to perform three mission in order to obtain these badges, which you said will grant special perks and access to the owners. Can you please tell us more on the requirements to be a badge holder and the privileges that await badge holders? Also, you have 3 missions activities for interested badge seekers which divided as mission 1, Mission 2 and mission 3. You have already unveil the events of mission 1 and mission 2 but yet to disclosed mission 3 events. Can you tell us more about the badge mission event and how many badges have been won so far? What will be the content of mission 3 and when will it be unveiled?

Gary | Lootex (will never dm you)

Sure, the Lootex Badge Series will have more utility in the Lootex Ecosystem. For those that already hold Lootex Badge 2021 – these can only be obtained by participating in Lootex community events (ie via discord/twitter/TG) or directly buying it on the market!

Gary | Lootex (will never dm you)

The badge holders will be able to access our private channel in our Discord and also have first-hand information directly from the Lootex Team.

Mary | Satoshi Club

Will you have Badge 2022?

D. | Satoshi Club

there is a limited supply of those badges?

Gary | Lootex (will never dm you)

Yes,  Only 2021 was minted for this specific badge.

Gary | Lootex (will never dm you)

We are planning to, but it will be something to look forward to as of the moment

Mary | Satoshi Club

Gotcha! We will follow your updates

Gary | Lootex (will never dm you)

And back to the community answer

So far we have completed the first waves of badge drop for those who completed Mission 1 ( total amount: 529 badges, including the KOL collaboration drops), and Mission 2 is currently ongoing: The first 300 users who can invite 20 new users into our Lootex discord Group- with the invite code, will earn a free badge without a raffle. Mission 2 will end at 2022/01/15 23:59 (UTC).

Gary | Lootex (will never dm you)

To learn more about the Badge Mission here: https://medium.com/lootex/lootex-badge-2021-97394f6aa041

Gary | Lootex (will never dm you)

And as for  Mission 3 …Lootex will soon have a Game’s Ranking feature related to $GP token and Lootex Badge holders. Being a Lootex early supporter..with the Lootex Badge will give you special privileges and incentives such as getting the latest news before publications…we will share more details soon..(hint* airdrop opportunities). We will also be gathering more KOLs to join our Lootex Badge Event…so stay tuned!!

Mary | Satoshi Club

That’s awesome! Badges are really important for your members!

Mary | Satoshi Club

Thank you for your answers! Ready to proceed?

Gary | Lootex (will never dm you)

Yes! Let’s go!

D. | Satoshi Club

Q2 from Telegram user @h1drX

Could you give us a refresher on the economics of Lootex? What are the fundamental pillars that sustain the project’s economy? What are Lootex’s sources of income and how is wealth shared between owners and partners? And what is your approach to the future of Lootex? I mean, do you focus on long-term sustainability?

Gary | Lootex (will never dm you)

Lootex has geared a great amount of success in Q4 onboarding with a couple top-selling gamefi projects onboard.  With that amount of transaction, the 2.5% platform fee is close to covering our cost (we had a small team at that point).  We saw the rise of gamefi and metaverse and had a bigger ambition to step into the gamefi ecosystem.  We realize our product has a lot of improvement to make to meet our vision.  Luckily, our vision aligned with well-known investors, and we are securing good comfortable fundings. For the short term, Lootex is going to hire more talents to refine our product and services.  In the longer term, Lootex wants to bridge traditional game studio to blockchain space, and hopefully be a partner with an even stronger performing IPs.

D. | Satoshi Club

Do you have your own token? or any plans to release it?

Gary | Lootex (will never dm you)

Yes, we will have $LOOT token launched soon!

Mary | Satoshi Club

How it will be launched? Do you plan any IDO?

Gary | Lootex (will never dm you)

We are confirming details on a major platform… will be sharing the big news on our social platform soon…stay tuned!

Mary | Satoshi Club

We will for sure

Mary | Satoshi Club

Thank you for your answers! Ready to go to the next question?

Gary | Lootex (will never dm you)

Sure!

D. | Satoshi Club

Q3 from Telegram user   @Meta_MateXPro

Sports is one of the most popular in revenue bringing sphere of our life. I was impressed by the quantity of sports presented on your Marketplace as long as the quality and variety of NFTs presented. Please talk more about that side of your business. Are you planning to introduce betting, controlled by smart contracts system? What are the other usercases of sport NFTs besides of simple holding? Can they be staked on Lootex? Thanks in advance!

Gary | Lootex (will never dm you)

More gamification and use of NFT on our platform is definitely interesting ideas.  We want to explore and promote healthy community interaction.  Currently we are open to different ideas, anything that can be transparent, fair, and fun would be something we look forward to implement.

Mary | Satoshi Club

What blockchain are you build on, btw?

Gary | Lootex (will never dm you)

Our platform supports ETH / BSC / Polygon

Mary | Satoshi Club

Wow, that’s nice! Do you have plans to add more?

Gary | Lootex (will never dm you)

Arbitrum, and AVAX will be supported in the near future

D. | Satoshi Club

Great choice

D. | Satoshi Club

thank you for answer! i think everything is ready for the next question

Gary | Lootex (will never dm you)

Yes

D. | Satoshi Club

let’s proceed

D. | Satoshi Club

Q4 from Telegram User   @thisistoyin

I noticed that, In the Lootex metaverse, lootex intends to function as an item shop where players can freely purchase and sell equipment and other in-game assets, i also saw on your website that you offer Services such as NFT Forge, & NFT Minting Services, please i would really like to know how this processes works, and i also noticed that you Have two options of Carrying out this Forging and Minting process, which are:

1) THE GO SIMPLE

2) GO PRO, but, information about this processes Was not stated on your site, could you please Distinguish between the functionalities of this Two features? What are thier functionalities & in what ways would they help users on your platform?

Gary | Lootex (will never dm you)

Lootex started out 4 years ago serving mostly corporate clients.  At that time, the general public didn’t really know about NFTs and applications of them were few.  So we had an NFT minting service that services companies that might be interested in issuing membership NFTs, wine certification, to name a few.  NFT Forge was also something Lootex thought would make things simple for them if the corporation wants to use our APIs to mint.

As you know the crypto world moves very fast.  End of 2020 there was NBA Topshot, and in early 2021 The Hashmask and Beeple started to grab people’s attention.  Lootex also moved from servicing corporate clients to providing a secondary trading platform.  So, the NFT Forge services are now closer to being deprecated.  We are moving toward providing a game asset launchpad to let our royal friends get a shot at limited quantity NFTs.  We are also thinking of providing APIs or SDKs to let traditional game studios turn their game items into NFTs easily, but that’s on the planning stage.

So long story short, Forge will not be our main focus moving forward.

D. | Satoshi Club

how are you solving a copyright issues on your marketplace? do you have any mechanism which can detect if particular image was just copied from other source?

Gary | Lootex (will never dm you)

Actually we have a form for the project owners to fill out, and it will go through our evalutation process.  But it’s hard to detect if any particular image is copied from other source. 

What we have done in the past is, when there’s a report of IP infringement , we act on it immediately.

In the future, we’d like to involve our community in our project listing process, and so there will be more eyes on the project before we mark them as verified

Mary | Satoshi Club

Thank you for your answers! Ready to jump to the next question?

Gary | Lootex (will never dm you)

Sure

D. | Satoshi Club

Nice

D. | Satoshi Club

Q5 from Telegram user @Highpee

Lootex intends to create LootSwap which users will be used for asset swap and cross-chain payment. I will like to know how LootSwap will be used for asset exchange. What market marker system will LootSwap exchange adopt or will trading and exchange be based on a peer-to-peer exchange system? In addition, will users be able to exchange both Fungible and Non-Fungible asset on LootSwap?

Gary | Lootex (will never dm you)

The LootSwap feature is based on a peer-to-peer exchange. It will help users by minimizing gas fees when they swap in-game items.

For instance, the current system requires 2 transactions for a swap to be completed. And per transaction made, the user gets charged with a gas fee (transaction fee for using a blockchain).

With Lootswap we can complete the transfer with 1 transaction which gives users a swift, cheaper transaction.

D. | Satoshi Club

What role will you future token be play on LootSwap? can you share that info now?

Gary | Lootex (will never dm you)

We have a lot utilities planned out for our token.

Gary | Lootex (will never dm you)

we’ll hear feedback from our community and finalize them.

D. | Satoshi Club

Okay! we will wait and see then

D. | Satoshi Club

Appreciate for answers! ready for the next question?

D. | Satoshi Club

last question from part 1

Gary | Lootex (will never dm you)

Yes!!

D. | Satoshi Club

Q6 from Telegram User   @JesusFre1tes

For project owners who want to have a showcase for their projects and contracts verified on the Lootex C2C marketplace, what are the steps to follow to get this verification? Lootex serves as an audit platform and smart contract developer for new projects? If so, how do they differ from your competition? Thank you!

Gary | Lootex (will never dm you)

We have a form for the project owners to fill out, and it will go through our evaluation process.  Besides focusing on gamefi projects, we also want the project we verify to be of good quality.  We know all project owners work really hard on making their game awesome, so we don’t set the evaluation bar super high. However we do prefer a doxxed team, a solid social following, and making good efforts to market themselves.  Because at the same time, it’s hard to predict which project will rug too =)

We can do some smart contract development for new projects if we buy-in their ideas and want to have deeper collaboration.  It will be case-by-case.

As for where Lootex will be different from competitions, we think it will be our communities.  All products and services will have similarities and have some unique value proposition.  What Lootex believes is that our platform is more than just rarity points, APYs, and whitelists.  We feel Lootex is a place where after a long day hunting/crafting/hustling in the games or metaverse, you’d come to Lootex to have a drink and chat with one another, show off the loot you got and sharpen your sword for another day. 

Our core team members are all die-hard gamers since our teenage years, we felt the pain of losing your value items and accomplishment when game publisher no longer supports the games, and our mission is to deliver the message of owning your own game asset in blockchain games, and Lootex will be with you all the way.

D. | Satoshi Club

Awesome answer !

Mary | Satoshi Club

Can you share your social media links with our community again, so we won’t miss any updates from you

Gary | Lootex (will never dm you)

Lootex Website: https://lootex.io/

Lootex Twitter: https://twitter.com/LootexIO

Lootex Facebook: https://www.facebook.com/lootex.io/

Lootex Medium: https://medium.com/lootex

Lootex Discord: https://lihi1.cc/meYVl

Lootex Telegram: https://t.me/lootexIO

Mary | Satoshi Club

And now we came close to the live part of AMA – live part

Mary | Satoshi Club

Are you ready?

Gary | Lootex (will never dm you)

Ok, I’m ready!

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Rinkus987

Do You Support Multiple languges So that Even the Non English Speaking Users Can Also Explore the LOOTEX PLATFORM Or you target is Only English Speaking Users ?

Gary | Lootex (will never dm you)

We support Chinese, Japanese and English for now. But we’ll definitely add more in the future for our users.

Q2 from Telegram user @Thisistoyin

I was amazed when i saw that lootex was Co founded by A Woman, for me that’s a really Big deal cuz its not everyday that you get to see women making impact in the Blockchain industry.. I would really love to know more about her
could you please State some security measures taken by Lootex to futher ensure the safety of its users and ecosystem? What Critical Advantages does Lootex Has that existing Platforms out there are not solving????

Justine Lu

Hi, thanks for asking. I’m (Justine) actually in this AMA . I have 10 years of game industry background both in game development companies and publishers in PC game, MMORPG, mobile game, VR games.

Due to previous experience, I always know there’s strong demand for in-game item trade among gamers. I felt excited when I first discovered CryptoKitties back in 2017. I know blockchain can be a tool to free the ownership of in-game items from game companies. So I co-founded Lootex in 2018 to provide a game-oriented NFT marketplace, players are able to trade and discover the value of their hard work and accomplishments. For more information about my personal interview especially for female readers, maybe you can read this article:

https://medium.com/headlineasia/women-founders-ii-skyrec-lootex-and-xen-capital-bde5b91f65c1

Q3 from Telegram user @Billz120

I learnt the team is just 14 at the moment, but intend to grow it in the future, could you please tell us about the selection of of your team members?

Gary | Lootex (will never dm you)

We are now a team of 18. We hire from different countries and fields of expertise based on the need of the project. We currently have functions, marketing, product management to UI/UX design and more.

Q4 from Telegram user @Rinhere

How many Types of Badge are there on the platform,
How can I earn these Badges?
Is there any Giveaway going on Currently?

Gary | Lootex (will never dm you)

The Lootex Badge was a great proof that you participate to Lootex’s events. There will be many badges that have different utitlies in the near future.

We are giving away 200usdt + Lootex Badge to 10 winners.

Event rules would be:
Following our twitter page, retweeting the event tweet, and tagging two of your twitter friends within the event tweet.

Check the event tweet: https://twitter.com/LootexIO/status/1478384848557735938

Q5 from Telegram user @tomo_fan

You have launched two games (Brave Series & Myth of Mist) on your launchpad and both games are sold out. When are you going to launch your next game?

Gary | Lootex (will never dm you)

The next is going to be launched on Sunday. It will be a well-known IP, with a very limited number of items. Stay tuned!

Q6 from Telegram user @highpee

With regards to your GAME LAUNCHPAD, Can you explain the process of application before sales are conducted on your launchpads? Also, how will players participate in presales and what whitelisting or sales allocation procedure do you use to ensure a transparent distribution of presale assets?

David Z | Lootex.io

Yes. We work closely with some game studios and are very selective at this moment. We want to make sure our users get the most valuable game assets from our Launchpad. And for sure, we will try to have some allocations for our token or badge owners.

Apply for the launchpad here >> https://forms.gle/28LBkgWCdkNCe5wV6

Q7 from Telegram user @star00112

Hello sir
What is the lifespan of your project? Will the project continue till 2025?
Thank you
!

Gary | Lootex (will never dm you)

Lootex aims to be a gamer-centric platform that provides lot’s new and most rare game items here. So, imagine OpenSea is the web3 Ebay, Lootex will be the web3 Steam.

Q8 from Telegram user @iam12312

In Upcoming times, You vision is to Bridge Traditional game studio to Blockchain world.How would it work?How are you doing to Achieve this?

Gary | Lootex (will never dm you)

Tradition game studios are already starting to venture into this new territory. We’re actively looking for partnership and even some of our investors and team members come from that background.

What we could provide is similar to other blockchain-native game developers once they have a blockchain supported item system like Mir4.

We’re looking forward to building together not only a Play to earn economy but also a Play to contribute economy as well.

Q9 from Telegram user @Emidm28

On January 4, you shared with your community the announcement of the partnership between Lootex and Avocado DAO. We are curious to know what will you work on together? How will this partnership benefit users who belong to both communities? What resources will Lootex provide Avocado DAO to contribute to its growth and expansion? At the time you agreed to enter into a partnership, what common goals did you have in mind to achieve together? You have a motto that says “If you want to go fast, go alone. If you want to go far, go together” How does Avocado Dao help Lootex go further? What new opportunities can you bring to both communities with this partnership?

Gary | Lootex (will never dm you)

This partnership will help strengthen both existing communities, because they have the goal to evangelize and teach how to become good at gaming; and we can provide all the resources they will need in order to achieve our common goal – which is to unify everyone in the Metaverse.

Also, we might work together with a gamer’s badge system. If you are a good gamer who traded or shared a lot on Lootex, we might introduce you to joining the guilds.

Q10 from Telegram user @munishgmr

According to your website two more categories you are going to launch soon.

1- Asset calculator
2- Game Guides

Can you tell more about these two features?

Gary | Lootex (will never dm you)

We will integrate some useful tools (e.g. APY calculator, Social Community signal observator ) in Asset Calculator to make sure the buyers will have more up-to-date information.

Game guides would be a user-generated-content based service where we will be inviting all fans from the community to contribute, share and grow. Imagine this like Fandom for GameFi and the Metaverse.

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:

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WebSite – https://lootex.io/
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