Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Ninja Fantasy Trader Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Ninja Fantasy Trader
For more details: Ninja Fantasy Trader Website – ninjafantasytrader.com Ninja Fantasy Trader Discord – @NinjaFantasyTrader 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 MegaFans and our guest was . The AMA took place on the 25th of February
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 MegaFans! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community!
Zha Ke
Thank you for having us! We actually have 4 team members
with us here today!
Mary | Satoshi Club
Hello and welcome to Satoshi Club
Matteo Martinez
Hey everyone! Thanks for having us!
Gold Rocket | Satoshi Club
Today our guests are @Jdca8 @MegaCTO @matteomartinezz @Zha_Ke
Mary | Satoshi Club
How are you, guys?
Gold Rocket | Satoshi Club
Welcome guys
Jdca8
Great! Excited to join this AMA with the world famous
Satoshi Club!
Gold Rocket | Satoshi Club
We are honoured to have you here today
Mary | Satoshi Club
We are excited about todays AMA as well!
And now we can start it
Gold Rocket | Satoshi Club
Let’s start! Introduce yourself please. How did you get to
be involved in crypto & MegaFans
Tell us please about your position in MegaFans
Col B
Hi guys, it’s nice to be here. I’m Colin the CTO of Megafans
Gold Rocket | Satoshi Club
Nice to e-meet you
Zha Ke
Hello! I am the Operations Manager here at MegaFans, I actually joined the company after interviewing @Jdca8 for a news article at my old job. In that Interview we just connected and I wanted to join MegaFans, I started as a small time community manager and have grown ever since!
Jdca8
I was actually introduced while marketing for another gaming
company. Back in 2016 they offered to
pay me in BTC so I quickly dove in and studied the market before committing,
and I am glad I did!
Mary | Satoshi Club
Wow, great story
Col B
I’ve been involved in crypto for several years now, and have
built previous crypto based gaming systems.
I met Jeff back in 2017 working on a previous project and we
got together in 2019 in Megafans
Gold Rocket | Satoshi Club
Wow! you made a good career in the project
Gold Rocket | Satoshi Club
Great adoption
Jdca8
This space is an amazing opportunity to explore, advance
technology, work, play and help other people around this big blue marble of ours.
Gold Rocket | Satoshi Club
Great background
Mary | Satoshi Club
Could you tell us about MegaFans project what is it about?
Gold Rocket | Satoshi Club
yes you are on the right track
Jdca8
Thanks Mary – The Megafans is about multiple things. Our primary function is to build the world’s
first mobile esports community using blockchain technology and products such as
crypto and NFTS in a play-to-earn environment for gamers, collectors and
developers, where we combine wbe2+web3 for the greater benefit of our global
user base.
Mary | Satoshi Club
Wow, this must be something special
Gold Rocket | Satoshi Club
Esports is a very popular destination
Mary | Satoshi Club
How young is your project?
Gold Rocket | Satoshi Club
I’m sure you have a lot of followers
Jdca8
Yeah its hot right now, but I have been marketing for gaming
companies since 1998, so this feels like a culmination of my career. And I love what I do!
Mary | Satoshi Club
Ahaha, i believe it will be huge culmination
Zha Ke
We have actually just crossed 18,000 followers across all
social media channels this morning! Thanks in part to the Satoshi Club
Community that has already moved over and began to support our project!
Mary | Satoshi Club
Congratulations
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Jdca8
Let’s do this!
Gold Rocket | Satoshi Club
Q1 from Telegram User @UniqueVicky
I saw that Megafans has partnered with well meaningful organizations such as infinity pad one of the most dominant launchpad on BSC with built-in compliances, fiat support and many liquidity supporting tools, and also CRYPOSLATE, GATE,and DAO MAKER. Can you drive us through the basis of your relationship with this firms and the extent of your collaboration? Do you plan of adopting the ethos and their working structures into Megafans? In what way do you think your protocols can be optimized from the service deliverables these companies offer?
Zha Ke
These partnerships are a blend of investment and marketing
partnerships. There are several others joining the group that we have recently
made agreements with that we have not yet announced, and even more in the works
at this time! These partnerships give us dynamic support in multiple areas
including KOLs, Strategic Support.
Mary | Satoshi Club
You have awesome partners! And we will wait for more
announcements
Zha Ke
We are building our tech stack on ERC-20 using Polygon to
eliminate gas fees. Our NFTs are currently being distributed through
OpenSea.io, with more information coming in the future. This is the perfect use
case for our partnership with Polygon as they are expanding the metaverse and
gaming markets through projects such as Bloktopia. We intend to operate some of
the portfolio of our games on other blockchains.
Mary | Satoshi Club
You answered my question before i wanted to ask
Zha Ke
Just being thorough!
Gold Rocket | Satoshi Club
Thanks for your great answers
Are you ready for the next question?
Zha Ke
Absolutely!
Mary | Satoshi Club
Q2 from Telegram User @victorogb
MegaFans has principally summarised the ethos to its operational structure as; Unifying the two worlds of Web 2 and Web 3. Considering that there a loads of elements, assets and resources connected with these applications (Web 2 & 3), one might consider such statement of purpose as being a little bit ambiguous. For better understanding of products, services and expertise offered by MegaFans, can you kindly elaborate in details on the unifying approach offered, how does it ensure that everyone connected to MegaFans (including projects and individuals) enjoy rewards which are both sustaining and enriching? Can you briefly guide us through some of your most exciting products either released or in development?
Col B
You are absolutely correct in that it is a daunting task to
“Unify the two worlds of Web2 and Web3”, although it is actually quite simple.
Our users will be able to have a single account login across our entire
ecosystem of games, metaverse arcades, esports arenas. This is meaning they can
log in to this account on Web2 (app store games) while also accessing your
Crypto wallet all in one place that you can use to access any relevant
cryptocurrency to our games whether it is our own token or NFTs.
Mary | Satoshi Club
Cool! When this all be live?
Could you share your Roadmap with our community
Col B
We are currently live in the Apple App Store and Google Play
store with our mobile games. We will be moving into Web3 games in the very near
future
NFTs games have a limited player base,due to high cost for a new player to join the game.. If MEGAFANS were to attract a large number of player what aspect sets it apart from other communities? We all know that high cost for new players to join the game might be a discouraging, how do you intend to cube this issue Please?
Zha Ke
First of all, we can have everything from free-to-play
tournaments that are sponsored all the way up to an unlimited number of
entries. One of our strategies is to collaborate with other game devs that have
existing communities where we can combine our community with nearly 300,000
existing users with other communities and their existing users.
In addition…
We designed our system to lower the barrier to entry of
Esports so that anyone anywhere can play in a friendly and cost-effective way.
We call this “Esports for all”.
Mary | Satoshi Club
How expensive is to start playing?
Jdca8
Hey let me answer this…
Mary | Satoshi Club
Sure
Jdca8
We designed our system so that anyone can play. So we offer a vast variety of different level
and costs to enter tournaments. As our
community grows so will our tournament offerings and sponsorships. As of today we have tournaments ranging from
free to $5 USD. But again our system is designed to localize and offer
reasonable entry fees depending on those markets and availability of the
players Web2 and Web3 assets…
Mary | Satoshi Club
It’s acceptable price
Gold Rocket | Satoshi Club
Thanks for great answer
Mary | Satoshi Club
Thank you, guys!
Ready to jump to the next question?
Jdca8
One more point…
Mary | Satoshi Club
Sure!
Gold Rocket | Satoshi Club
Np
Jdca8
What I mean by ‘as our community grows so will our
offerings,’ we plan to expand our ecosytem into a massive metaverse offering
where there will be no limit to the tournaments, prize pools, participants and
games!
Jdca8
It’s coming so it is not a matter of ‘if’ but actually ‘when
and how’ we do this.
Mary | Satoshi Club
I like ‘no limits’
Mary | Satoshi Club
Thanks!
And let’s move to the next question!
Mary | Satoshi Club
Q4 from Telegram User @Porkerlight
The slogan of Megafans it says that ” Mobile e-sports gaming Fanatics”, for that reason you have an Android and iOS applications, but There exist the possibility to have access to the ecosystem directly from a desktop version? Do you have plans to create a Google extension or Web support to PC users?
Zha Ke
The Megafans team has a great deal of experience in the
e-sports/PTE space. Many of us have built prior systems, so have learned the
right way to do things and what to avoid. With this in mind, the server-side
code was written with the anticipation of creating a flexible system that we
could port to different platforms, not tying us to mobile-only. Moving into
HTML/PC games is definitely on the roadmap for us moving forward as we grow.
Mary | Satoshi Club
How many users do you currently have?
Matteo Martinez
We currently have 289,890 players.
Mary | Satoshi Club
And you are planning to have 2mln thus year
Mary | Satoshi Club
Which marketing strategies you prepared for this?
Jdca8
There are multiple ways we are growing our community
including but not limited to adding several new games on multiple platforms (We
have three in our current pipeline), opening new markets and regions, offering
a vast variety of tournaments, prize pools and of course introducing our
governance token and new NFTs collections.
Also…
As previously mentioned, we are working on strategic
partnerships with existing games, developers and and studios who can bring
significant other communities into our ecosystem.
Gold Rocket | Satoshi Club
share your links with us
Jdca8
Our Linktree has multiple links to games, community channels
for announcements and participation. https://linktr.ee/megafans_esports
Mary | Satoshi Club
Thank you! Ready to proceed?
Jdca8
Yep!
Gold Rocket | Satoshi Club
thanks for sharing, it’s very convenient
Mary | Satoshi Club
Q5 from Telegram User @jameslekan664
The MegaFans platform has a multiverse approach for earning
revenue and these includes;
1. Advertising
2. In-App purchase
3. Blockchain, cryptocurrencies, utility coins and NFT’s
4. White label esport system.
Can you brief us on each of these revenue generating
mechanisms? For a third party system to apply for advertisements on the
MegaFans platform, what criteria must they meet and how will MegaFans ensure
that only beneficial games will be advertised to it users? As a user, what
rewards will I get for clicking/watching an Ad on the MegaFans platform? Tell
us on the various tokens/Assets that will be supported on the MegaFans platform
alongside it own tokens.
Thanks!
Jdca8
LOL
Mary | Satoshi Club
We love your stickers
Zha Ke
We have developed a proprietary advertising server that
allows us to place media for affiliates and partners. In-app purchases happen
in our games where Web2 users purchase tokens to participate in tournaments for
prizes such as additional tokens, cash, cryptocurrency, and NFTS. One of the
unique Web3 offerings is that you will be able to stake our governance tokens
to earn our in-game currency tokens and NFTs. The NFTs can also be used as
in-game currency or an NFT owner can stake their NFT as a prize for other
players to participate in that the NFT owner owns a percentage of, meaning they
can share in the in-app purchases for that tournament. Lastly, the in-game
tokens can be traded up for NFTs or our Governance token.
Mary | Satoshi Club
How and where users will be able to get your governance
token? Which ticker it will have?
Zha Ke
Our white label system is quite robust. It is our most
significant offering to the market. Currently, we are looking for strategic
partners to help us mutually grow our businesses together. Specifically other
game studios and developers, other projects offering cryptocurrency, other
Apps/Dapps that otherwise would not be able to advertise their offerings to a
Web2 audience (our users). As far as user rewards go, our program is just now
in its infancy and we will expand to offer all digital and real-world assets to
our players and users. Our system is cryptocurrency agnostic. FOr example, if a
project wanted to come to us for a strategic partnership, we would offer them
tournament naming rights, advertise their offerings and products across all of
our games, and access to our user base which is closing in on 300,000
registered users
Mary | Satoshi Club
Perfect
Jdca8
We’re currently planning to launch on Gate.io and there will
be other announcements coming soon. Our
governance token will be announced soon as well.
Mary | Satoshi Club
We will follow your updates!
Gold Rocket | Satoshi Club
Thanks for your great answers
Are you ready for the last question of this part?
Jdca8
Thanks!
Jdca8
yes please
Mary | Satoshi Club
Q6 from Telegram User @joanlz21
What are the reasons why we should trust your work team, tell us a little about them, their experience in cryptography and their abilities to face threats, competition, market volatility and strengths so as not to be blinded by individual ambition for On top of the benefit of the MegaFans ecosystem, who are your main liquidity providers and DEX collaborators?
Col B
You only have to take a look at our team experience to realize they’ve been around a long time Colin, our CTO has worked as an Snr Developer and CTO for over 30 years at some of the largest multi-national companies in the world. European Lead Developer for Motorola and TRW to name a few. He has built crypto-based gaming platforms on Waves, Stella, and the Tron blockchains.
Jeff our CEO has equally as much experience in the gaming
industry, including working for the likes of Bet Online, Bet US, Draft Kings,
Ubisoft, WarGaming, and Jam City.
Mary | Satoshi Club
I am impressed
Col B
Our smart contracts will all be audited and attention to
detail on security is always at the forefront of what we build. Being apart of
LaunchPool Labs has introduced us to some great partnerships, bringing in even
more experience in the gaming/crypto space.
Cheating is obviously always on our minds, so we are
constantly working on improving our anti cheat system. With the help of White
Hat Hackers we will be making our security as robust as possible.
Mary | Satoshi Club
Fantastic
Gold Rocket | Satoshi Club
Sounds great
Mary | Satoshi Club
What about your liquidity providers?
Jdca8
Yes we will have liquidity providers. We have already had successful pre-seed and
seed rounds that were both over subscribed and we are currently in the middle
of a very healthy private, pre-IDO round…We do not believe liquidity will be
a major issue for us. Plus we already
have a live product and experienced team growing our business. So, I believe
MegaFans future is super bright!
Mary | Satoshi Club
Thank you, guys for this excellent first part!
Now storm of questions is coming, can you feel it?
Zha Ke
We are ready!
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @hihohiho140699
You Have Said that MEGAFANS is also a great place to publish the games for fame and fortune , May I know How Can I Publish My Game , What is The Process ?
Col B
Hi Hibo, Great question. The MegaFans SDK will be available for download to embed into your game. We provide support with installation and marketing to make sure your game gets put in front of our user base. The game will of course have to be tested for quality because the game will ultimately represent MegaFans, so will need to be not only fun, but of a high standard that we’d expect. But we’re open to partner with as many game studios as possible
Q2 from Telegram user @chinyere2020
What types of games will users be able to play on the MEGAFANS platform (Hyper-casual, casual, mid-core or hard-core)?
Matteo Martinez
Right now in the app-stores we currently have hyper-casual and casual games up and running with tournaments, however, we are always looking for more strategic partners and game developers to work with. Our mantra is “Esports for all” so we are looking to include and bring in gamers from all genres and levels of difficulty.
Q3 from Telegram user @Fatima6734
In recent times there has been in many NFT games but the main issues with them are that they are boring and not that rewarding, how will you try to solve this issue?
Matteo Martinez
The great aspect of our project is that we aren’t limited to just one game or even just a handful of games. Our software can integrate with essentially any mobile game on the app stores and create a competitive environment within them. That means that there is an unlimited amount of potential when it comes to fun and rewards. We offer free-to-play and play-to-earn gaming experiences with an emphasis on skill and fun as the foundation of reward receiving.
Q4 from Telegram user Alien
Can you list 1-3 killer features of your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Jdca8
Hi Alien, there are multiple killer features that differentiate MegaFans from our competitors. Some of these include: 1) We will offer Web2+Web3 features for our users, so they can have one account on MegaFans that utilizes off chain and blockchain assets. 2) We offer a turn-key white label product that is a killer solution for game developers to solve for user acquisition, retention and monetization. 3) We already offering and distributing cash, crypto and NFTs to our players. 4) We have a mission initiative to support women and minorities around the world and are currently executing by running tournaments that raise money and awareness for Kiva.org and CodetoInspore.org which is an all-women coding school operating in Afghanistan!
Q5 from Telegram user @hansoyeon
What are the advantages and benefits of being “VIP Status” on MegaFans? Also, what are the criteria for being appointed as a VIP? Can a new user become a VIP?
Col B
VIP status will be given to our stakers. If you stake your tokens you will be granted entrance into some very high paying tournaments. Other rewards are interest paid depending on staking amount with length of staking, air drops with our partners and various perks such as NFT sweepstakes each month and advert free game play
Q6 from Telegram user @alicandogan9
As a player I want to practice playing Candy Boo games without making an investment or purchasing any NFT, do you have a practice mode or demo on your platform? Does MegaFANS give players a free experience?
Col B
Hi Alican, there is always a free practice tournament with each game we have. They last for 5 minutes and will count towards your win stats, and occasionally we drop in some large prizes into our free tournaments, so keep an eye out for that
Q7 from Telegram user @sophiejohnson1
It says that every game on the MegaFans platform is standalone and downloaded from Playstore. How can I sync the game with MegaFans in this case? Or if I connect to your platform and play without connecting to it, what will change?
Matteo Martinez
Great question! Once you’ve downloaded one of our apps from the app stores all you have to do is create a MegaFans account within that game. From there you can sync that MegaFans account across all of our games where all the tokens you’ve earned or bought can be found as well as how you’ve placed in the tournaments you’ve entered
Q8 from Telegram user@EdgarCNova
The MegaFans project will be available in any country in the world without restrictions of any kind or verifications? Or is it necessary to verify in your project how secure the data is on your platform?
Col B
Great point! Skilled gaming rules are different in each country, sometimes even in each state/province, so we do need to be on top of this. Our platform can identify which country you are in and sometimes our tournaments will be different depending on this.
Q9 from Telegram user @faxplay
Which age of people are you targeting on this project?
Col B
MegaFans will be attractive to all age ranges and groups. It could be someone playing to earn a free Latte, or the more serious crypto investor looking to invest in their portfolio
Q10 from Telegram user @yasindkz
I think this is the first time I’ve seen MegaFans create a movement to involve women and invite them to play. This is a very creative goal. So what is the purpose of this idea and how did it come about? How do you think women will positively impact the GameFi industry?
Jdca8
Thanks Yaskin, I have actually been supporting women entrepreneurs as a personal mission since 2012. It stemmed from my own life experience, growing up in the international mining and minerals business with my mother and father, before I started my own career. I lived in remote areas around the world and saw how women were treated, which was not favorable. However, my mother was a nurse and always went out of her way to support women in their communities. That inspired me! When I discovered there is a huge deficit of women represented in gaming and technology, I realized we can help to support them and minorities in a positive way that can reach nearly every corner of the world. We just want to do our part and we are doing just that.
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. Miracle Game Team will select 5 questions and answer them.
For more details: Miracle Game – @MiracleGame Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
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 Cyclos and our guest was . The AMA took place on the 25th of February
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 Satoshiclubbers welcome to our ANA session with
CYCLOS
Robocop | Satoshi Club
Hello Satoshi Club community ! We are pleased to announce
today AMA with Cyclos
Jonah 🏅🎹
| Satoshi Club
Our guest today is @oxhantu
Hello welcome to satoshi club
Robocop | Satoshi Club
Glad to have you here, how are you today ? @oxhantu
Daniel
Doing well thanks
Jonah 🏅🎹
| Satoshi Club
Great.. Let’s proceed to our AMA
Can you please introduce yourself to us how you got into
crypto, and how CYCLOS started?
Robocop | Satoshi Club
Welcome back to Satoshi Club , i remember Cyclos already do
AMA on september 2021, but can you introduce again yourself to our new member ?
Daniel
Sure. I entered crypto in 2017 as head of research with a
large crypto media company and moved over to Binance in 2019 to work with
listings and investment. I’ve always
been interested in how crypto can revolutionize money so when DeFi came to the
forefront, I became very interested in launching a project that would
contribute to innovation on this front. That’s where Cyclos came in.
Myself and Shardul (co-founder) took what we felt were all
cutting edge ideas in DeFi and combined them together- concentrated liquidity
(letting liquidity providers choose the price range where their assets make
orders) + solana blockchain.
The first version of Cyclos was meant to concentrate
liquidity on Serum’s order books. However, when we launched the v1 mainnet, we
weren’t satisfied with the Serum integration. So we decided to go back to he
drawing board and build a concentrated liquidity market maker that stands on
its own.
Jonah 🏅🎹
| Satoshi Club
Impressive Background
Can you give us a brief intro of what Cyclos is all about?
Robocop | Satoshi Club
Thats really great ! you have a great background and
experience
Daniel
Sure. We are an AMM (automated market maker) built on
Solana. However, we use a new function for fulfilling swap orders called
concentrated liquidity. The basic idea is that if you want to put your idle
assets to work to earn a yield on Solana, you can come to Cyclos and choose the
price range where those assets are active.
For example, I might choose to provide liquidity on a
SOL-USDC pair with a price range of $80 USDC per SOL to $100 USDC per SOL. This
means that 100% of my assets are being used to fulfil traders’ orders in this
price range. This results in higher yields for me as a liquidity provider, and
much less slippage and price impact for traders. It’s a win win all around.
Jonah 🏅🎹
| Satoshi Club
At the moment how many Team members do you have working on
this project?
Daniel
The cool thing is, as we open up new pools, the opportunity
to earn from traders’ fees is huge in the beginning even without liquidity
mining incentives because your rewards are distributed according to the portion
of the pool you provide.
We have 4 devs an 2 on operations
Robocop | Satoshi Club
Thank you for the great intro , shall we go to part 1 with 6
question from community?
Daniel
sure let’s go ahead
Robocop | Satoshi Club
Q1 from Telegram user @Ecmq10
Hello Cyclos team. You mention that Cyclos is an AMM that solves the problem of capital inefficiency and maximizes returns for liquidity providers. Please tell us, how does Cyclos achieve this? What are the tools that Cyclos uses to solve this problem? How does being built on top of Solana help Cylos in dealing with the problem of capital inefficiency? For what reasons did you decide to choose Solana instead of another blockchain? Thank you!
Daniel
So I guess I already answered the first part of this in the
introduction regarding capital efficiency, as that is the core value offering
of the product.
Let’s move onto the Solana part. The biggest way building on
Solana benefits us is that there is very little in the way of fees to stop 1.
holders of any size providing liquidity on Cyclos 2. liquidity providers moving
their positions around as prices change. These are two massive barriers on
Ethereum for example which make it extremely expensive to use concentrated
liquidity.
So part of our reasoning for launching on Solana in that
regard was technical. The other was business oriented. We saw an opening to
build something that hadn’t been built yet on Solana, so we jumped at it.
Jonah 🏅🎹
| Satoshi Club
This gives you a first mover advantage on Solana
But Along the line do you plan on integrating other chains
as well?
Daniel
Yes. we are actively working on that front at the moment.
Robocop | Satoshi Club
yes, high gas fee from ETH really expensive and this is
something new for Solana Blockchain
Jonah 🏅🎹
| Satoshi Club
Awesome what chains are you working on?
Daniel
In our case it is particularly important, because liquidity
providers pay a gas fee every time they add liquidity and change their position
So in our case, since solana is low cost, capital should be
able to move much more quickly around to different price ranges where it is
needed
We will announce the chain when the time is right
Jonah 🏅🎹
| Satoshi Club
We will be on the lookout for this
Thank you for your answers
Robocop | Satoshi Club
Please don’t forget to share with Satoshi Club
Robocop | Satoshi Club
Let us continue to next question ?
Robocop | Satoshi Club
Q2 from Telegram user @chinyere2020
I learnt that the $CYS staking feature is now live on your V2 UI. Can you give more information about the $CYS staking feature? What is the minimum amount of $CYS tokens that users are eligible to stake? How long must users lock their tokens before they can withdraw their earnings? Will the APR% your staking pool be fixed or will it depend on certain market factors? Apart from the staking yield, are there other benefits that users who stake their $CYS tokens will enjoy?
Daniel
There is no minimum amount that can be staked. Users have a
choice- lock with no time and earn 25%. Or, they can lock their holdings for 4
months and earn 75-100% APR.
Once we deploy more pools, we will begin distributing a
share of the revenue from Cyclos directly to CYS stakers
Daniel
we will also implement governance
Robocop | Satoshi Club
Can you please share the tokenomics $CYS token ?
Jonah 🏅🎹
| Satoshi Club
Btw How many pools are available at the moment?
Daniel
You can check it out on our site: https://cyclos.io/
We have USDT-USDC and CYS-USDC pools live
Daniel
we’ll be launching more shortly
Jonah 🏅🎹
| Satoshi Club
Great
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Robocop | Satoshi Club
Thank you for the answer
Jonah 🏅🎹
| Satoshi Club
Are you Ready for the next question now?
Daniel
yep
Robocop | Satoshi Club
Q3 from Telegram user @QuianaV
Cyclos proudly officially introduced CycloSwap, the most advanced swap interface on solana. Can you explain more on CycloSwap and its unique advanced features that makes it different from traditional Swapping applications/Dapps? Are users required to hold the any tokens in order to use CycloSwap? How many swapping Pairs does Cyclos Swap currently supports? Can you share on how cost effective is CycloSwap in terms of gas fees consumed during swapping?
Daniel
Our new swap CycloSwap is live on our concentrated pools. I
don’t know the exact amount of gas it consumes, but it is around a few cents.
Right now as just mentioned, we have USDC-USDT and our native token CYS-USDC.
We will be adding more pairs soon with the release of our audit report. What
makes CycloSwap different is that it uses concentrated liquidity pools to
conduct swaps, rather than the old style pools which are much less efficient
Jonah 🏅🎹
| Satoshi Club
How many audits have you done?
Daniel
We’re doing 1. We’ve conducted extensive testing on the
product as well.
Robocop | Satoshi Club
beside Cycloswap, what other feature that you will have in the near future ? how about
NFT ?
Daniel
Our liquidity positions are actually NFTs.
In the future, we will implement staking for these NFT
positions
Jonah 🏅🎹
| Satoshi Club
Awesome
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Ready to proceed to the next question?
Robocop | Satoshi Club
Thank you for the detail answer, do you want to add
something or we can go to next question?
Daniel
next question works
Robocop | Satoshi Club
Q4 From Telegram User @Modrumz120
From Cyclos website, i learnt that Liquidity providers place their assets at price intervals of their choice i.e. “concentrating” their liquidity. Concentrated Liquidity gives liquidity providers total freedom in how they distribute their liquidity and rewards them for meeting market demand. I’m curious to know,who are these liquidity providers and can a user be able to be a liquidity provider too?What are the requirements needed for users to be able to become liquidity providers in the Cyclos platform? What are other benefits which liquidity providers can benefit from in the Cyclos eco-system? Thank you.
Daniel
Great question. Liquidity providers are anyone- you, me, any
crypto holder can provide liquidity. All that means is if you have some assets
in your wallet that aren’t earning, and you want to put them to work, you can
“provide liquidity”. Other traders come to Cyclos and want to
exchange, for example, USDT to USDC. If there is no liquidity there inside the
Cyclos program, we can’t offer them a trade. That’s where liquidity providers
come in. Anyone with USDC and USDT can open up Cyclos, (https://app.cyclos.io),
click on “pool”, and add their assets in a specific price range. In
the case of USDT-USDC it’s easy to select the price, because these two assets
tend to remain around $0.98 and $1.01. Your assets will sit in the protocol and
as traders come, they will be used to meet swap demand. As your assets are
traded back and forth, you will earn a fee as a reward for providing liquidity.
In addition to the fees, we will also be launching liquidity
mining. This will allow LPs (liquidity providers) to earn an extra incentive in
CYS on top of the fees they collect as a reward for providing liquidity.
Jonah 🏅🎹
| Satoshi Club
Well detailed
What percentage of the fees do you distribute to liquidity
providers?
Daniel
60% of all fees go to them
Robocop | Satoshi Club
if we provide liquidity, does it have penalty if we want
take it back or we can take anytime we want? i mean do we need time contract
(for example 1 year) to provide liquidity?
Daniel
There is no penalty. That’s why the low gas fees of Solana
are so important. Let’s say you provide liquidity on SOL-USDC between $80-$90
USDC/SOL, and the price suddenly drops. You can change your position so that
now your liquidity is in the right price range.
Of course, you could also spread the liquidity out more
thinly from the beginning in a wider range, but if the price of SOL remains
fairly stable, you won’t earn as much because you will have some idle assets.
Jonah 🏅🎹
| Satoshi Club
Thank you for clarifying this
Daniel
for sure
Jonah 🏅🎹
| Satoshi Club
Ready for the 5th question now?
Daniel
yessir
Robocop | Satoshi Club
Thank you for the detail answer
Robocop | Satoshi Club
Q5 From Telegram User @Ritshimwa
Cyclos recently introduced the Cyclos evangelist program to attract newcomers and Promote Cyclos. Can you explain on Cyclos Evangelist Program and functions of users who apply and are selected as Cyclos Evangelist? What are the benefits, incentives which Cyclos Evangelist are entitled to as they promote the Cyclos Platform? What are other future strategies by the Cyclos Platform in order to create more awareness about the Cyclos Platform?
Daniel
Yes sure. So anyone from the community can apply to be an
evangelist. We recently opened up a form for expressions of interest to gauge
how much enthusiasm there is from the community. There is a lot of enthusiasm
luckily
The whole idea behind the evangelist program is that we want
to draw on our community to help explain to others in their own languages how
to take advantage of the Cyclos product- i.e. how to conduct trades and
importantly, provide liquidity. As you have probably noticed from this AMA,
liquidity provision is a concept not many people are familiar with (even though
it’s a great way to earn on your assets) so we want to spread that message out
as much as possible.
The content with the best quality and highest social media
reach each month will be rewarded with CYS tokens.
Daniel
We will be releasing the details of that as soon as new
pools are live
Jonah 🏅🎹
| Satoshi Club
Great.. do you have a targeted number of evengelists in
mind?
Robocop | Satoshi Club
why its name Evangelist ? its take from evangelion ?
Daniel
Evangelist is an English word for person that spreads a
message
Robocop | Satoshi Club
oh haha ok thank you for the explanation
Robocop | Satoshi Club
@oxHantu how about this ? do you have target for Evangelist
? how many Evangelist do Cyclos want to have?
Daniel
We don’t have a target. As many as possible
Jonah 🏅🎹
| Satoshi Club
Great..
Robocop | Satoshi Club
Thank you for the answer
Jonah 🏅🎹
| Satoshi Club
Let’s proceed to the last question for this part
Robocop | Satoshi Club
Q6 From Telegram User @jameslekan664
Hello!
Security is of Paramount importance for every DeFi project because this tends to give users a high level of trust in the project. Going through your road map, one of the objectives listed for last month being January is to begin the bug bounty program and that caught my attention. Can you elaborate on your bug bounty program? As a hacker that wants to participate, what criteria must be met? Is the program currently ongoing and how can I participate? What rewards will the bug hunters get?
Daniel
There are no specific criteria. We will be open sourcing the code, and will release the details of rewards for different types of bugs. There will be a range of rewards depending on the type. If you are interested in participating, please follow us on Twitter: https://twitter.com/cyclosfi and Telegram https://t.me/cyclosofficial
Jonah 🏅🎹
| Satoshi Club
Has the date for this been announced?
Daniel
not yet
Robocop | Satoshi Club
Thank you Daniel ! it has been an amazing time in this first part of the AMA
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers so far
We will now proceed to the second part of our AMA
Our users are eager to ask you their questions directly
Jonah 🏅🎹
| Satoshi Club
Are you ready for them?
Robocop | Satoshi Club
Before we open the chat, can you please share the important
link or social media
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Murthy_Rajpaksha
I read that You are introducing veCYS feature on platform, What is it for?
Daniel
The idea behind this is to follow a similar governance and rewards structure as set out by Curve Finance on Ethereum. Users will lock their CYS and obtain veCYS. Depending on how long they lock they will receive a higher degree of say in governance decisions.
Q2 from Telegram user @BrayantGonzalez
Regarding the problems that we have seen in the Solana network in recent months, such as congestion and more, could you tell us what measures Cyclos plans to take in this regard? Will they consider migrating to other networks if these problems continue?
Daniel
Well the main thing is we will go multi-chain. That way we are not 100% tied to the ups and downs of any 1 chain. That said, we are not worried about network outages on Solana. The more ambitious your goals are, the more problems you will run into initially, but they will be overcome with time. We believe Solana will be good in the long term
Q3 from Telegram user @kokonutella
How many of your tokens do I need to buy in order to join the governance of the project?
Daniel
Any amount. There is no limit.
Q4 from Telegram user @Nonerlike
Do you have any guide or article for help how to provide liquidity? Also what is the APR if I do staking in your platform?
Do you have any plan to add more pairs in the future apart from USDT-USDC? What are your upcoming priorities?
Daniel
We do. We will be adding more starting around end of next week if all goes according to plan.
Q6 from Telegram user @ghok4386
Currently, NFT is really hot topic now, Do you think you will apply NFT technology to your products in the achieved future??
Daniel
Our LP positions are actually NFTs. We were the 2nd project ever to implement this after Uniswap V3.
Q7 from Telegram user @Marcos2002
As I Was Reading, I Found that You are Planning to Introduce the CYCLOS DEVNET , May I know More about the CYCLOS DEVNET , Please tell me Some Unique Features ?
Daniel
We are already on Mainnet
Q8 from Telegram user @Clint_25
Cyclos, is fantastic and has a great potentiality to succeed in the future. Could you please explain how I can invest with Cyclos? Do you have any IDOs or are you in the midst of a presale?
You mentioned that Cyclos will also implement governance. Is this mean Cyclos will be 100% driven community? Or does the team still have a role in making decisions
Daniel
Yes that’s correct. The team will have a say in the governance because there are team tokens, but the project will be progressively decentralized.
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 OVAL Exchange and our guest was . The AMA took place on the 24th of February.
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 Satoshiclubbers Welcome to our AMA session with
OVAL Exchange
Pavel P
Hello, Satoshi Club and welcome to our AMA with OVAL
Exchange!
Jonah 🏅🎹
| Satoshi Club
Our Guest today is @OvalOwen
Jonah 🏅🎹
| Satoshi Club
Welcome to Satoshi Club
Owen
Hi everybody. Nice meeting you here!
Jonah 🏅🎹
| Satoshi Club
Hello, we are Glad to have you here, how are you doing
today?
Pavel P
Welcome to Satoshi Club!
Owen
I’m doing fantastic and I hope everybody here’s having a
great day as well.
Pavel P
Really excited to see you here today!
Jonah 🏅🎹
| Satoshi Club
Let’s start our AMA
Pavel P
Let’s GO!
Owen
Yeah let’s do this
Jonah 🏅🎹
| Satoshi Club
So can you introduce yourself to us how you got into crypto
and how OVAL Exchange started?
Owen
Hi guys, this is Owen. In the past 10 years, I have been active in Wall Street on derivatives pricing/trading/structuring/risk management.
In the past year, crypto derivatives volume has surpassed
US$5 trillion, an increase of 98.1% YoY. With the growing usage and trade
volume in Decentralized Exchanges (DEXs) within the crypto community, the
demand for reliable DEXs has reached an all-time high. We see this as an
opportunity and that’s why we decided to build Oval Exchange.
Jonah 🏅🎹
| Satoshi Club
Impressive
So what is OVAL Exchange all about?
Pavel P
100% truth!
Owen
Oval is a decentralized exchange for users to exchange risk
exposures precisely and capital-efficiently. It is the DeFi way to trade
Derivatives: to hedge, to speculate, to arbitrage, all on-chain.
While there are already Derivatives solutions for crypto,
most of them are either centralized or insufficient to meet the needs and
demands of potential DeFi users. Simply
speaking, the ultimate solution to exchanging risk exposures in the crypto
world has to be something original and organic within the blockchain. And
that’s exactly what Oval exchange stands for!
Jonah 🏅🎹
| Satoshi Club
How many team members do you have currently working on this
project?
Owen
We have around 30 members total we are professionals in the
fields of economics, quantitative trading and solidity programming.
Pavel P
Dream team! Is the team fully anonymous?
Owen
Yes, as a Dex we encourage our team members to stay
anonymous.
Jonah 🏅🎹
| Satoshi Club
Well understood
Thank you for the introduction
Jonah 🏅🎹
| Satoshi Club
We will now like to proceed to community questions are you
ready?
Owen
Absolutely
Pavel P
Q1 from Telegram user @iceVermithraxx
Most Exchanges Prefer to use the trading mining model and then buy back the platform coins through fees however this model generally does not survive for long and will soon decline hence OVAL will implement an innovation on this existing model to protect the price of the token and the deflation mechanism to achieve long-term development. Can you elaborate on the innovation which OVAL aims to implement into the existing model to protect price of tokens? Can you share on how this innovation will work to protect the price of $OVAL token and propotionally cause price appreciation?
Owen
This is a very good question! Our income from trading fees
will be subject to a 10% OVAL buyback and then burned. There is no max number
of tokens we’d burn in perpetuity. By doing this, we can protect the price of
OVAL token and propotionally cause price appreciation.
Pavel P
Could elaborate more on fees that you apply?
Jonah 🏅🎹
| Satoshi Club
I will also like to ask if this buyback will continue for as
long as the project exists and will this percentage remain the same?
Owen
Yes, it applies to all the derivative trading fees that
generated on Oval Exchange. And the buyback will continue for as long as the
project exists with the same percentage.
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Ready for the next question now?
Owen
Yup!
Pavel P
Q2 from Telegram user @UniqueVicky
Just some few moments ago you announced the staking development is almost done and you are very close to official launching with up to 2,000% Stake on OVAL. This is a great development. So please can you explain your staking mechanism to us? How much is the minimum time for which we can stake? Can we choose to unstake any time? Do you have staking options like the higher the tier one stake the better the reward? Some projects offer staking reward with a reward token instead of the native token,what about OVAL Exchange? What benefits will users who stake the OVAL token receive?
Owen
That’s right our staking program will officially launch very
soon. There’s no requirement for minimum time and you can unstake anytime you
want. But of course the longer time period you stake, the more rewards you’d be
able to earn. We do have plan for different tiers and the details will be
released soon. Users who stake Oval token will receive our native token OVAL.
Pavel P
Do you also plan some additional advantages to stakers? Like
airdrops for ex.
Owen
We also have plans to grant stakers governance rights and
VIP rates for transaction fees.
Jonah 🏅🎹
| Satoshi Club
Awesome
Pavel P
Great! This should be noted by our community!
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Will you like to proceed to the third question now?
Owen
Yeah what’s the next question
Pavel P
Q3 from Telegram user @Sunny_steel
Hello, Oval Team! I have been passing through your roadmap and I have noticed that by the end of 2022 you target to add Polygon and Avalanche networks reaching 50+ trading pairs online. You are also mentioning to be adding a cross-network bridges, however there is not much information available if the bridges have already been tested and work properly. Could tell us more about it? Besides of that, please also explain the fees applied for cross-chained operations. Will they be higher once customers use it in complicated and long buy/sell models through multiple chains? Thanks!
Our team has been doing a lot of testings on the bridges and
we believe we have everything we need to complete the whole process. For cross
chain operations, we guarantee you that the fees will be much lower compare to
others in the industry.
Jonah 🏅🎹
| Satoshi Club
Can you share your roadmap with us?
Owen
Yes for sure
Owen
2022 Q1
Oval V1 Launch
Users can trade perpetual contracts in Oval Exchange V1 at
Binance Smart Chain
2022 Q2
Oval V2 Launch
Support Ethereum network
10+ trading pairs online
Oval V2 provides extreme capital efficiency by supporting
several key new features, such as stop loss, take profit and
liquidity-providing.
2022 Q3
Layer 2 – Polygon integration
Oval will expand to Polygon to scale up our implementation
and provide users with a real DeFi derivative solution without burdening users
with high fees or long confirmation times.
Provide secure futures trading services with up to 120x
leverage.
20+ trading pairs online
2022 Q4
Avalanche network support
50+ trading pairs online
Function of merge and split position modes
Support Isolated Margin Mode and Cross Margin Mode
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing this
Ready for the next question now?
Owen
Yup
Pavel P
Q4 From Telegram User @chinyere2020
OVAL, a decentralized derivatives exchange, is currently online with the BSC development ecology and will gradually complete the cross-chain ecology to become a leader in the field of decentralized derivatives”. Can you give more information about the distinctive features of OVAL that will enable it become a leader in the field of decentralized derivatives? What are the main benefits/advantages that users will enjoy as a result of using OVAL over other top decentralized derivatives exchanges that are currently available in the market? Can you also explain the process that is followed before a token is listed on OVAL?
Owen
We are going to offer more competitive rates and better
products. Our current target market is users on the Binance Smart Chain, as
well as users of derivatives trading in the Ethereum ecosystem. Our marketing
department is working hard to ensure that we’ll have a successful listing. At
this moment, we are having positive conversations with some Tier 1 exchanges.
Jonah 🏅🎹
| Satoshi Club
Great.. so what about projects that intend to use your
exchange?
Do they have to meet any requirement?
Pavel P
I see the OVAL V1 is planned for Q1 this year. Have you
already fixed a particular date for that?
Owen
We’ll carefully evaluate the projcests that intends to use
our exchange. We’ll listen to opinions from our community cause we believe Oval
Exchange users are our most valuable assets.
Oval V1 is already live online. We welcome you all to come
and try at oval.exchange
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Pavel P
Thank you! Satoshiclubbers, do not waste your time to
explore OVAL!
Jonah 🏅🎹
| Satoshi Club
Let’s proceed to the next question
Pavel P
Q5 From Telegram User @Ask4unik
OVAL will support USDT/BUSD=1:1 cross collateral model,which requires two kinds of contracts,BTC/USDT and BTC/BUSD.What major advantage does having a cross collateral model have on OVAL?It is said that the liquidity of OVAL is expected to be further enhanced after this model goes live.Is this model live already? If not, when are we expecting it? Can you tell us the use cases of this model?
You also said BTC,ETH,BNB, etc will also be used directly as cross collateral, which is also one of the key features of the platform.In what quarter of the year will this be implemented?
Owen
The benefit of our cross collateral model is that investors
will have the opportunity to leverage their existing assets, tap into equity,
and potentially finance multiple deals at once—or move quickly on a hot or
high-risk property. You don’t have to come up with new collateral or funds; you
can use investments or assets you already have.
This model is not live yet, and we plan to make it happen
before end of Q4.
Jonah 🏅🎹
| Satoshi Club
So will only the three mentioned assets be used or will you
add more assets to the list?
Owen
The mentioned assets are our initial plan and we’ll add more
assets to the list based on what the community desires.
Jonah 🏅🎹
| Satoshi Club
Awesome
Thank you for your answers
Ready for the last question for this part now?
Owen
Yup can’t wait
Pavel P
Q6 From Telegram User @Rozielyna
I read that Oval Exchange Will Officially Start Retroactive Mining Rewards Airdrop Program and the Promotion Period: 18th Feb 2022 – 18th Mar 2022. Can you please highlight more on the Rewards Airdrop program? How can users participate in the program? What will be the requirements to qualify for the $OVAL airdrop? When and how will the winners be announced? And how long will it take for the rewards to be distributed ?
Owen
Yes, you can participate by depositing at least 10 USDT to
Oval Exchange and make a transaction to qualify for $OVAL airdrop.
10 addresses will be randomly selected everyday for 10,000
$OVAL airdrop. Total 100,000 OVAL per day.
Winners will be announced weekly at Oval community group and
Oval official twitter account.
Rewards will be automatically distributed within one month
after TGE.
Jonah 🏅🎹
| Satoshi Club
Exciting
Do you have other planned community events ?
Pavel P
Thank you! Could you also share the tokenomics of $OVAL?
Owen
You bet. There’s gonna be a lot of exciting events ahead to
make sure everybody can engage.
Owen
Ultimate Total Supply (Fully Diluted Total Supply) =
10,000,000,000. This is the number of OVAL after all the mining tokens are
mined out (in decades)
80% to community, unlock over a period of two years. (25%
for oval staking rewards);
10% to treasury, unlock over a period of two years;
10% to Marketing & Partnerships, including KOLs,
exchanges, media
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Pavel P
80% to Community! This is where the people are placed to the
TOP!
Jonah 🏅🎹
| Satoshi Club
With this we’ve come to the end of part 1, and will like to
proceed to the second part
Our users will Ask you their questions directly are you
ready for them?
Pavel P
Get ready for the storm!
Owen
Bring it on
Jonah 🏅🎹
| Satoshi Club
Chat will be opened for 120 secs
Pavel P
We open chat for 120 sec only. Once we close it back please
choose 10 questions to answer!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @JaviSuBs
Is it possible to trade on OVAL Exchange anonymously?
Owen
Yes, there will be no KYC requirement so it is totally anonymous for everybody
Q2 from Telegram user @JaviSuBs
Where can we find up-to-date information on the OVAL Exchange project….. Can you share the official OVAL Exchange information channels to keep up to date with updates and find out when the participation program will be launched?
Can you list 1-3 killer features of this project that makes it ahead of its competitors?.What is the competitive advantage your project has that you feel most confident about?
Owen
unlimited liquidity 0 slippage in trading cross-chain ecosystem
Q4 from Telegram user @mercy_global
You said that In next quarter, you will support several key new features, What features will be that ? Can you please tell about that?
Owen
Stop loss, take profit, liquidity-providing and much more to come
Q5 from Telegram user @sara_12131
Since NFT is popular nowadays, is there a plan for NFT integration?
Owen
Not yet, but I understand that NFTs are real big these days and we’ll definetely look into that.
Q6 from Telegram user @Dino916
How much trading volume is there on your platform now and how much volume do you expect to in the next 1 year?
Owen
Our daily trading volume right now has surpassed $200 million, and we hope to double it up in the coming quarters.
Q7 from Telegram user @Sourava12
So , Users and Community Loves GIVEAWAY and AIRDROP, So Is Any GIVEAWAY Or AIRDROP Is LIVE On the OVAL EXCHANGE Platform ?
Owen
Yes, come and join our Retroactive Mining Rewards Airdrop Program which is happening right now.
Q8 from Telegram user @Arnavx5
Many exchanges have Liquidity probelm. So how you have solved this problem?
Owen
You don’t have to worry about this one my friend. We have managed to provide you with unlimited liquidity.
Q9 from Telegram user @rinnguyen
How many tokens are currently listed on your platform and in which pairs can you trade them?
Owen
There’s a lot of popular tokens listed now such as SOL, CAKE, GALA, XRP, BNB, etc,. and we plan to add at least 10 more pairs before the end of next quarter
Q10 from Telegram user @DREAMLESS675
As far as I know you have done a lot of AMA, my question is, what do you want to get from so many AMAs and what is your goal with the community? Do you consider the community a fundamental role in the project?
Owen
Community is definetely our most important role in the project. By doing AMAs, we hope to attract more users to come and join us cuz we’re trying real hard to build something great here – oval.exchange
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 Maricoin and our guest was. The AMA took place on the 23rd of February
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 Maricoin! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community!
Today our guest is Francisco Álvarez Cano
Francisco Álvarez Cano
Hi there!! This is Francisco, CEO at MariCoin! Nice to be
here!!
Mary | Satoshi Club
Welcome here, Francisco
Francisco Álvarez Cano
Thank you
Mary | Satoshi Club
How’s going?
Gold Rocket | Satoshi Club
Nice to e-meet you
Hello and welcome to Satoshi Club
Francisco Álvarez Cano
We are in an exciting time, Mary. In the midst of pre-sales
and on Friday we launched a seed investment round via Stonks.
Mary | Satoshi Club
Wow, i can only imagine!
Francisco Álvarez Cano
I take this opportunity to invite you to the Miami Algorand
Accelerator demo day, where the round will take place. –
Francisco Álvarez Cano
• We will hold our
Demo Day online using the Stonks platform on Friday, the 25th of February at
1pm EST.
Gold Rocket | Satoshi Club
Let’s start! Introduce yourself please. How did you get to
be involved in crypto & Maricoin
Francisco Álvarez Cano
• The link to the
event is: https://stonks.com/rokk3r/algorand-miami-accelerator.
Francisco Álvarez Cano
The initiative arose from members of the LGBT community in
the Madrid neighborhood of Chueca.
Mary | Satoshi Club
We will definitely participate
Francisco Álvarez Cano
At LGBT Pride parade at Madrid, they were attacked by
homophobes
Francisco Álvarez Cano
Then they thought of the opportunity to have our own
economy, to give us value.
Mary | Satoshi Club
Oh, that’s sad…
Francisco Álvarez Cano
When the people from Algorand Miami Accelerator called us,
we didn’t hesitate for a second to go to Miami to work on the project.
Tes, it is.
1 out oif three countries in the world punich homosexual
relations, 11 with death
Gold Rocket | Satoshi Club
Also we would like to know more about your team. Who is on
the project team core?
Francisco Álvarez Cano
Hey, we had an amazing team
Patricia Magaña at comms, Gabriela Sánchez-Silva from Miami
as CMO, Jesús Sánchez Bermejo (Criptoro) as CIO, Ivan Becerro (Accure) as CTO,
Eduardo Ranz as CFO, and Javier Carpintero as CDO. And also lots of people from
the community acting as volunteers.
Mary | Satoshi Club
Can you introduce your team members to our community?
Cool! Big team!
Are you in crypto for a long time?
Francisco Álvarez Cano
In fact, I would like to share a video-pitch I have prepared
for friday, you can see all the things the community is doing for us. We didn’t
ask them, we didn’t pay them. They did it for US.
During the while the video is downloading we can talk
Mary | Satoshi Club
Sure!!!
Gold Rocket | Satoshi Club
feel free in it
Francisco Álvarez Cano
As an investor, for four years. But it is just my second
project, and the most exciting one.
Mary | Satoshi Club
You have nice experience!
Francisco Álvarez Cano
My perception is that here in crypto there are two types of
projects: those that have utility behind them, and those that do not. We seek
to be one of the first.
You can also download our whitepaper, our two-pager and more details on our tokenomics and roadmap here —> https://maricoin.org/en/investors/
Mary | Satoshi Club
True and you choose right side
Mary | Satoshi Club
Thank you for sharing
Awesome video
Francisco Álvarez Cano
Thanks!!
Gold Rocket | Satoshi Club
Amazing video
Francisco Álvarez Cano
Thank you very much. It is THEIR merit. People’s merit.
Even, third biggest marketing agency of the world, DDB, is
working for us… and we pay them with maricoins
Francisco Álvarez Cano
Thanks !!! You rock too, guys
Mary | Satoshi Club
Why Maricoin? Where did this name come from?
Gold Rocket | Satoshi Club
So… Tell us about the benefits of Maricoin. How is it
different from others?
Francisco Álvarez Cano
This is important
MariCoin was born from the name given to boys with the name
“Maria” in LatAM, for example, Jose Maria, or Carlos Maria, who were
called “maricas”.
But it soon became a slur in the Spanish-speaking world, as
happened in the 18th century with the word “feminist.”
Just as our feminist colleagues did after the publication of
a pamphlet in the 18th century by Alexandre Dumas “son” (the son of
the author of the “Three Musketeers”), we intend to re-signify the
slur.
Mary | Satoshi Club
Interesting story it gives us .ire understanding!
Francisco Álvarez Cano
We intend to leave them unarmed
Gold Rocket | Satoshi Club
what a deep meaning… thanks for sharing
Francisco Álvarez Cano
Because with its stones, we make our castle. And with its
slurs, our currency. Always in value.
U welcome!
Gold Rocket | Satoshi Club
So what benefits are you giving your users?
Francisco Álvarez Cano
In fact, Dumas referred to “feminist” to insult
male supporters of suffragette (women’s suffrage). He said they were
“feminist nannies”. And where did that insult go? In an unprecedented
social and political movement to take back human rights.
Maricoin is born to create a crypto-synergy where the
members of the LGBT community, merchants, organizations and investors, are
represented and supported. People will be able to use MariCoin as a financial
tool, including paying for goods and services at a discount. Merchants who
accept MariCoin will attract more customers and process transactions at rates
that are a fraction of credit cards.
Additionally, using MariCoin will help the LGBT community,
not only by showing support, but also financially as 20% of the tokens and
0.05% of each transaction will be donated to selected associations and human
rights organizations.
So, buying with Maricoin will benefit: the LGBT collective;
will promote the affiliated businesses that sign our Equality Manifesto and
will support and fund the partner organizations in their missions with one of
four coins locked and staking. And they take an additional 2% of the tokens for
projects that require urgent liquidity (for instance, flying a charter plane
with people who are going to be judged for loving whomever they please)
I am sharing a chart
Mary | Satoshi Club
Great visualisation!
Francisco Álvarez Cano
Thanks. Jesus’ team merit!
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Francisco Álvarez Cano
And Gabriela’s idea
I am ready
Gold Rocket | Satoshi Club
Q1 from Telegram user @thisistoyin
Hi MariCoin Team, on your whitepaper, i read an Interesting page which Disused about The MariCoinMap or MariMap which is a layer equipped with all the navigation and geolocation functionalities of Google Maps. with the premises and businesses that accept payments with the cryptocurrency worldwide, understanding that There are Some Specific Countries That are not So Conversant or are not in support of The LGBTQ+ communities, how would Members of the LGBTQ+ communities who are also interested in Making use of the MariCoin Tokens make proper use of Their Currencies without attracting Any form Of unnecessary attention or Trouble for themselves? Is there a way that these Coins could be Swapped or traded efficiently for them to also make use of it? Thank You.
Francisco Álvarez Cano
Thanks @thisistoyin
We are aware that there are 69 countries (1 in 3 countries
in the world) that punish homosexual relations, 11 of them with death (I have
said it, but it is IMPORTANT)
In fact, it’s not a coincidence that minority groups are
MORE THAN TWICE as likely to invest in cryptocurrencies. They are seeking to
escape financial discrimination. And this is our MISSION.
In these countries, payment with maricoin will not be
promoted in physical establishments, due to the persecution of the community.
However, they are the top priority for financial assistance to those affected,
which they will receive in encrypted form, in their wallets.
The LGBT community will be able to use their maricoins in
digital establishments -which will also be on the MariMap-, and the receipts
will not indicate the word MariCoin but the name of the company incorporated in
the United States to avoid retaliation from their governments.
Additionally, from December 2022 we will incorporate a smart
contract for the currency for stable payments. It will work through a
collateral swap that will allow paying fiat up to 10% of your investment in
maricoins. A reference in this regard is Alchemix.
Since December
Mary | Satoshi Club
Which blockchain or blockchains you will be on?
Francisco Álvarez Cano
https://eu.usatoday.com/story/money/2021/08/13/crypto-seen-path-equity-black-latino-and-lgbtq-investors/5431122001/
Here it is that study
The very best of them, ALgorand
Maricoin is built on Algorand, not only becuase of its
well-known technical advantages, but also becuase Algorand stands for a better,
greener, and more united world.
Silvio Micali fixed the blockchain trilemma, you know
Security, Scalability, Efficience, Speed…
And they are building, I promise, the very best worldwide
ecosystem, I have been there. A-MA-ZING.
Mary | Satoshi Club
Yes, they are great! But anyway do you plan to add more
blockchains?
Gold Rocket | Satoshi Club
Indeed… Algorand is a very elegant blockchain
Francisco Álvarez Cano
We don’t need that. Algorand meets our expectations for
payments and for investing. No doubt.
Mary | Satoshi Club
I see more and more projects which are building on Algorand
Francisco Álvarez Cano
AlgoFAM is growing.
Seriously, I LOVE those guys
Gold Rocket | Satoshi Club
Thank you very much for the wonderful answer
Francisco Álvarez Cano
And girls
Mary | Satoshi Club
We as well! Thank you for your answers Francisco! Ready to
proceed?
Francisco Álvarez Cano
Ready
Gold Rocket | Satoshi Club
Q2 from Telegram user @ProwGrowl
One of the advantages of Maricoin provided for its community is the possibility to buy and get discounts at favorite establishments or pay friends from mobile to mobile. If talking about the discounts, please provide a list of partners where the community will be able to benefit from Maricoin. What are the other usecases of your token for the community? Are you planning to provide governance rights to your community? Thank you!
Mary | Satoshi Club
Partially answered, but i am sure you can add more
Francisco Álvarez Cano
I think I have answered enough about merchants.We will
publish a release of the world map of merchants accepting MariCoin from April.
In many places, it will be a real LGBT guide to attract people looking for
stores, bars and restaurants where they can meet their peers.
We have some 21 establishments on board, and some 400
requests from all over the world, which we are processing to incorporate them
into our ecosystem.
For payments issue, of course
Initially in Spain
But through alliances with wallets, also in the United
States or Brazil
Then we are going to internationalize from this year’s Pride
parades, that is, from June 28th onwards.
Gold Rocket | Satoshi Club
you have ambitious plans, guys ….
Francisco Álvarez Cano
We will be there, all over the world representing and
fulfilling our mission.
Gold Rocket | Satoshi Club
Thanks for your great answers
Francisco Álvarez Cano
20 massive events take place every year in the most important
capitals of the world between the month of June and November to fight against
injustice and take back human rights.
We are going to be a major player of this year’s parades.
Because MariCoin is not only for the crypto savvy but for the masses.
Thanks for your great questions!
Gold Rocket | Satoshi Club
Are you ready for the next question?
Francisco Álvarez Cano
Of course
Gold Rocket | Satoshi Club
Q3 from Telegram user @Cheriemike
MariMetaSocial,MariFund,Mariverse and Maribank are some of the projects you aim to incorporate into your roadmap and will later be launch.So when will your team finalized to work or develop each of those projects?You also plan on featuring Play to Earn game,what kind of games will you possibly feature on Maricoin to gain traction from the community at large?And for the Maribank,there is an evaluation of its creation going and it will launch with a name the Neobank.So can you tell us how this bank will function?Will it be accessible worldwide by people or just for a particular region?Will the requirements to use this bank be the same like the normal traditional banks,where users IDs etc are needed?And how will you be able to manage/control all your services at a go?Please explain to us the benefits of the added projects mentioned above.Thanks
Francisco Álvarez Cano
Good question @Cheriemike!
Francisco Álvarez Cano
After the launch of MariCoin in exchanges, we will be working
on projects with a great social impact, since in two years we will be DAO and
we really want to contribute a lot to the entire MariCoiners community in the
world, since our project is global.
The projects can be consulted at https://maricoin.org/en/investors/,
our Road Map, although our metaverse is expected to be active by Q1 of 2023, we
already have agreements with some existing ones with which it will be possible
to operate with our cryptocurrency, such as legendarium, where we will have a
virtual office in the blockchain tower, being the first company of the
collective that will have an office in this metaverse where different
activities will be created for a year. Training, dissemination, information and
live broadcasts and podcast of Radio MCOIN.
Francisco Álvarez Cano
This is our roadmap
Mary | Satoshi Club
Why so long? Two years for DAO?
Francisco Álvarez Cano
MariMeta Social is a platform for NFTs, which will be social
and will contribute a lot to the collective, but it will also be social to
integrate all kinds of people.
I am answering that on a second
MariFund, is a social fund, where to invest in companies
that are ethical, whether or not they belong to the collective. The benefits
will be for and by the LBTB group itself.
Mary | Satoshi Club
Sure
Francisco Álvarez Cano
Mariverse is the metaverse of MariCoin. We honestly have
great planes for our metaverse. News will come in the future, which will also
make our token scale more and be even more demanded.
About MariBank, it will be a bank, purely social, and yes,
it will be a NEO type. As for the activity of NeoBanco is scheduled for Q2 of
2023, and we are currently working on the project and I can not reveal much
about it because of our NDA, but I can tell you that all our products are
intended to be accessible to most of the community.
Whats more? Ah, Play to Earn
Regarding Play to Earn we are going to have this year to
work on different options in Legendarium and get feedback from the community to
bring the most attractive to our own metaverse.
We have been told by our mentors in the United States and by
the Algorand Foundation and Borderless Capital itself that we need at least two
or even three years for the market to be mature enough. We want it to be ASAP.
Francisco Álvarez Cano
2024 is the year
Mary | Satoshi Club
It has sense it will
be huge DAO!
Francisco Álvarez Cano
However, for example, we are going to work with Voting
Portals (which also runs on the Algorand blockchain) so that maricoinsers can
vote on projects from the very beginning to allocate aid. For example,
community refugee issues that need to be saved.
Mary | Satoshi Club
That’s nice! You care about community opinion!
Francisco Álvarez Cano
The same system will be used for the DAO: each maricoiner
will have the same power of decision in the currency as myself, the founders or
the president.
It’s our opinion, indeed
Gold Rocket | Satoshi Club
Sounds great
Mary | Satoshi Club
Thank you for your answers! Ready for the next question?
Francisco Álvarez Cano
Ready, steady, go
Gold Rocket | Satoshi Club
Thanks for sharing and for your great answers
Francisco Álvarez Cano
Welcome!!
Gold Rocket | Satoshi Club
Q4 from Telegram User @yellowchamp
By next month,you plan to launch MariCoin Wallet and Pay App and you also set to acquire some LGBTQ+ partnership. So,could you tell us what will be the great features of your wallet and Pay App? Considering many wallet App exist in the market so what would be the advantages and pros while using this wallet and Pay App? Does this wallet and Pay App would be available both in Android and iOS devices? As you acquire some LGBTQ+ partnership,can you tell us what organization you are going to integrate with and how would this organization may help for the innovation and development of MariCoin network? Thank you
Francisco Álvarez Cano
Yes, we already have agreements to use MariCoin Wallet,
soon, so that whoever wants to have a MariCoin token can have it in an Algorand
network wallet, which is of course our native platform.
We are working so that all kinds of associations, not only
from the LGBT+ community, accept our token to pay for products and services.
Real and global scalability will be one of the main
objectives of our token, which is already beginning to be demanded by
establishments and is not even listed on exchanges. Something that we will do
progressively, one by one, to go step by step, but we are moving fast.
Our wallet will be Multichain, thus supporting MCOIN, on
various chains in the future. First we will launch on the Algorand chain, to
later integrate others.
The initial objective is to arrive at our pride party, in
Madrid, Spain, at the beginning of summer 2022.
About who and what organization will be integrated, we are
already working with several associations and groups and very soon, we will
give names of the international sphere, which accept MariCoin, for their
services and products, among others.
About the advantages, to say that it will be a highly
demanded token and therefore integrated into real businesses, for daily use;
Buying products and services with MariCoin will be possible internationally.
That is our challenge and it is our only initial objective, and on it, to deal
with all kinds of technological products and services, to support the group and
monetize MariCoin DAO, for the benefit of the group at an international level.
I think here I have al image, let me check…
Mary | Satoshi Club
Will your app users own their private keys?
Will your users need to KYC? Any fiat integrations?
Francisco Álvarez Cano
We will implement KYC, we are working on that with the
lawyers, the same ones that help us in the incorporation of the company. We
will comply with the regulation in all the countries where we operate,
wordlwide.
Mary | Satoshi Club
Gotcha! Thank you for your answers! Ready to jump to the
next question?
Francisco Álvarez Cano
As of December, as I mentioned, we launched a smart contract
for stable fiat payments. A collateral swap, like a loan that takes as
collateral your investment in maricoins and lets you spend 10% in fiat.
Ready!!
Mary | Satoshi Club
Q5 from Telegram User @Highpee
Metaverse is currently a trend in crypto and I learnt that Maricoin will have its own Metaverse called MariVerse which you described as a star feature of your project. Can you drive us round your metaverse and the type of participatory activities that users will be able to engage in? You also said this metaverse will feature a play to earn gaming-like event and $MCOIN will be used as the main reward for incentivisation of users in the metaverse. What are the play or gaming feature that your metaverse will have and how will it help to encourage users engagement or promote additional usability for both pro LGBTQ and general Crypto investors?
Francisco Álvarez Cano
As I said, I can’t say much about our metaverse, but we will
have all of 2022 to test our own activities in Legendarium, as well as
everything related to Play to Earn, and of course we will count on the users to
bring the most demanded initiatives to Mariverse, but without a doubt MCOIN
will be the crossroads of both worlds.
Every day there are more possibilities of metaverses and
even megaverses and we are clear about what interests our collective. The
metaverse will be open to all the people on the planet, but companies and
people from the collective will have actions and activities, for their benefit
since MariCoin was born as a future DAO to serve a purpose, which is that our
currency, be the currency on which to support and help the group and not only
in the first world, but in places where it is difficult not to follow the path.
MariCoin is therefore the currency and the Metaverse, it will be one of the
places where you can enjoy and use it…
Francisco Álvarez Cano
Five islands. I cannot tell more
And place for the organizations to help LGBT people,
obviously.
Mary | Satoshi Club
It’s interesting hint thanks! We will follow your updates!
Francisco Álvarez Cano
Soon
Gold Rocket | Satoshi Club
Have you already decided which island you will buy yourself
Francisco Álvarez Cano
I will swim in the sea
From one islad to another
Gold Rocket | Satoshi Club
Thanks for your great answers
Mary | Satoshi Club
From one isl you told this first
Mary | Satoshi Club
Thank you for your answers! Ready for the 6th and last
question from this part?
Francisco Álvarez Cano
Ready
Gold Rocket | Satoshi Club
the sixth question is knocking on our door
Gold Rocket | Satoshi Club
Q6 from Telegram User @sunny_steel
I know Maricoin is currently conducting the First Phase Presale that started on February 14 (Sexual Health and Valentine’s Day) and will end on February 28. It means we still have 5 days to take part in it. Could you share the requirements for participation? When do you plan to organize the Second Phase of Presale and what are the differencies between both events. Afterwards, do you plan to list MariCoin on any DEXes? If yes, when will it be done? Thanks!
Francisco Álvarez Cano
Go
The pre-sale phase, which began on February 14, Valentine’s
Day, and which we call Grupo Rosa, is scheduled to conclude before March 1. It
is aimed at people who already have their ALgorand Wallet correctly configured,
have added the MariCoin asset (MariCoin ASA #499213551), and wished to buy
their MCOINs in crypto (not fiat).
Phase 2, dedicated to those who want to buy in FIAT (euros
or dollars) via payment processor, will be done from our website maricoin.org.
While we are incorporating many people outside the Blockchain world, we will
have a personalized follow-up with them to help each one to set up the
MyAlgorand wallet, which is now called LaPera Wallet.
Francisco Álvarez Cano
Keep tuned, or write to hola@maricoin.org if you are interested.
Mary | Satoshi Club
Francisco i have a question about your security
Francisco Álvarez Cano
It’s about our waiting list. Up to $10,000. If someone wants
to invest more (conditions are in our Two-Pager), it would be already in this
Friday’s round.
Gold Rocket | Satoshi Club
Huge resonance
Mary | Satoshi Club
Could you please tell us if you have any audits done? So,
your members will sleep tight
Francisco Álvarez Cano
We have been threatened, both myself and the president, Juan
Belmonte (Juan por Dios). But this is a dream come true. And we are not one
person or two, we are a community. If we manage to save one life, it will have
been worth it.
We are not important. The freedom to love is.
Gold Rocket | Satoshi Club
The community is really the lifeblood and engine of the project.
You are lucky to have such support.
Francisco Álvarez Cano
Certik will audit our pre-sale and ICO. We will make public
the results before listing on the exchanges, and after.
Francisco Álvarez Cano
We are the community
Francisco Álvarez Cano
We are not a token looking for a community, but a community
looking for a token.
Mary | Satoshi Club
Wise position
Mary | Satoshi Club
Francisco, now we came close to the live part of our AMA
Gold Rocket | Satoshi Club
Thanks for this amazing first part of AMA
Mary | Satoshi Club
Have you ever seen the storm of questions?
Francisco Álvarez Cano
NEVERRRRR
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Karry1999
In Your Website , I Read About your Slogan “Never in the Closet, always in Value” , Will You tell me More about the SLOGAN and Where You Wants to Reach in Coming Future , I Mean Mission ?
Francisco Álvarez Cano
People in the collective who decide to externalize their sexual tastes are said to “come out of the closet”. We want MariCoin to be in your wallets, not back in the closet.
Q2 from Telegram user @Rinkus987
While Doing Research , I Saw that In Upcoming Months , You have Planned to Launch the Following Projects :
MARIFUND
MARIVERSE
MARIBANK
.MARIMETASOCIAL
Can You tell me More about these Projects and Tell me Some Major Points About them ?
Francisco Álvarez Cano
Already answered. I can share our Roadmap.
Q3 from Telegram user @Kelvins321
I Would Like to Know that What can MARICOIN do for the Community and Users , May I know All the advantages of MariCoin Platform ?
Francisco Álvarez Cano
Maricoin is born to create a crypto-synergy where the members of the LGBT community, merchants, organizations and investors, are represented and supported. People will be able to use MariCoin as a financial tool, including paying for goods and services at a discount. Merchants who accept MariCoin will attract more customers and process transactions at rates that are a fraction of credit cards.
Additionally, using MariCoin will help the LGBT community, not only by showing support, but also financially as 20% of the tokens and 0.05% of each transaction will be donated to selected associations and human rights organizations.
So, buying with Maricoin will benefit: the LGBT collective; will promote the affiliated businesses that sign our Equality Manifesto and will support and fund the partner organizations in their missions with one of four coins locked and staking. And they take an additional 2% of the tokens for projects that require urgent liquidity (for instance, flying a charter plane with people who are going to be judged for loving whomever they please)
Q4 from Telegram user @Sourava12
I Read that $MCOINTOKEN is Utulity and Governance Token, Can I know What are the Utilities of the $MCOIN TOKEN, Tell me About Your Governance also ?
Francisco Álvarez Cano
Our utility lies in helping the community (20% of the token and 2% for aid projects) and in serving as a means of payment to that community in merchants. The part of listing in the exchanges and the possible appreciation of the token is secondary, it will serve us to save lives. Is there anything more useful?
Q5 from Telegram user @hihohiho140699
I am Very Eager to Try this Wonderful platform because It is Really Different , So any ALPHA VERSION OR Testing Version Of BLOCKCHAIN ADs the Is Live , So that userscan Enjoy ?
Francisco Álvarez Cano
Not yet, sorry. I am asking our CIO&CTO for that, please wrote us an email to hola@maricoin.org and stay tuned.
Q6 from Telegram user @highpee
From your token distribution, there is a 10% of your total token that is allocated for EARNSHIP. What does this EarnShip program involves and how can your community access this allocation?
Francisco Álvarez Cano
Yes, please, I am sharing our tokenomics
We are talking with Yieldly and also with Algostake for that.The 20% we donate to probono organizations will be locked up and staked on these platforms, which are also open to investors. The minimum interest rate will be 5%.
Q7 from Telegram user @Thisistoyin
Can everyone have access to these Currency without being a member or associated with The LGBTQ+ community? since Maricoin is a currency that materializes the value and the struggle of the collective. How does these Currency actually Benefits Actual Members of the LGBTQ+? Are there some sorts of Incentives for these Group of people who have been Segregated due to their Nature? How are we sure that you’re not just Using the LGBTQ+ Community to just foster your Goal alone? Please explain
Francisco Álvarez Cano
Of course. We are integrators, also with the (h)ethereums . The community will benefit by pride but also financially to 20% of the tokens and additional 2% for nice projects.
Q8 from Telegram user @Sourava12
I Read that $MCOINTOKEN is Utulity and Governance Token, Can I know What are the Utilities of the $MCOIN TOKEN, Tell me About Your Governance also ?
Francisco Álvarez Cano
About last of your question. Yo can know that because we are not making anything “for” the community. We are the community.
Q9 from Telegram user @RahulAmbani5
Is there any way through which I can Join the MariCoin team and contribute to the Project and LGBTQ community?
To Earn Passive Income , What all Things you have done , Have You Introduced STAKING or the LIQUIDITY MINING PROGRAM In your Platform , If yes Please tell me about that and How Can users join it ?
Francisco Álvarez Cano
Yes. From mid/late March we will list. In April we launch skaking in Yieldly and Algostake. We have a liquidity pool for the exchanges but no mining system (we are Algorand, proof of stake, you know, we mine ourselves).
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 Blockchain-Ads and our guest was . The AMA took place on the 23rd of February
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
Dear Satoshiclubbers Welcome to another AMA session
Robocop
Hello Satoshi Club community ! We are pleased to announce
today AMA with Blockchain-Ads
Jonah 🏅🎹
| Satoshi Club
Our guests for today are @acryptotrader @Vlad_LeanM
Jonah 🏅🎹
| Satoshi Club
Hello welcome to Satoshi Club
Vlad
Hi guys…
Robocop
Welcome to Satoshi Club! @acryptotrader @Vlad_LeanM
Vlad
Thanks for the invite
Robocop
Glad to have you here, how are you today ?
Vlad
Busy as always
Crypto Trader
hi guys! thanks for having us!
Jonah 🏅🎹
| Satoshi Club
Great to have you here guys
Vlad
But very excited
Jonah 🏅🎹
| Satoshi Club
Let’s start our AMA
Vlad
Lets do it !!
Robocop
yes, we also very excited to do AMA with Blockchain-Ads
Vlad
Yayyy
Jonah 🏅🎹
| Satoshi Club
Can you please introduce yourselves to us, how you got into
crypto and how Bolckchain-Ads started?
Vlad
Should I start?
Robocop
Sure
Jonah 🏅🎹
| Satoshi Club
Yes you can
Vlad
okay very briefly.
Vlad
I am leading the team at https://t.me/the_blockchain_ads
Marketer by profession (formal education in marketing)
– AdTech background, working for an ad tech company on the
product development side solving the problem of cookieless advertising and new
ad bidding formats.
Media Buyer for almost 10 years.
– Founder at leanmarketing.digital and leanmarketing-crypto.com
So working on the Perfomance side Marketing in Web3.0 and
crypto projects led us to develop https://t.me/the_blockchain_ads
Jonah 🏅🎹
| Satoshi Club
Great Background
Crypto Trader
I’m the founder of optimus.ventures which is the launchpad
hosting the Blockchain-Ads sale.
What brought us to create this project was our experience of
4+ years in ICOs.
I have a private
investment group and we have invested in dozens of projects over this time
period.
As investors we faced
the dangers of the crypto world and decided to come up with a solution that
will help improve the flow of investments in early stage projects in terms of
quantity, quality, and safety.
Key feature for investors is that there is 2 way vesting
backed by smart contracts, which means that the project funds are vested along
with the investors tokens and is only released after the investors vote for it!
Some more details and their Linkedin links on the website
Robocop
Thank you for the great introduction
Vlad
Uhh…. i can talk a lot
Jonah 🏅🎹
| Satoshi Club
Thank you Guys for the Introduction
Vlad
I am worming up
Crypto Trader
lol
Vlad
pleasure.
Jonah 🏅🎹
| Satoshi Club
We will now like to proceed to community questions are you
ready?
Vlad
Please ask anything
in the meantime, i will try to explain or elaborate
Vlad
Sure
Robocop
Yes, we can continue but we have a lot of question from our
community
Vlad
Yeahhhh
Robocop
we already prepare 6 question for part 1, are you ready?
Vlad
Always
Robocop
Q1 from Telegram user @UniqueVicky
As per your whitepaper,I read that Blockchain-Ads are working on solving the problems with advertising which are centralization and censorship, high fees, low value, banking and identity requirements, privacy and transparency.tell us,how will blockchain-ads provide complete privacy and transparency, remove authority,cut out the middle man, reduce fraud and lower costs for all market participants.from all this problems,which have you effectively done away with (solved) and at what stage are you in achieving this vision?.also I noticed blockchain runs on Vulos blockchain and uses blockchain-Ads token for Ad payment,why did you choose to run blockchain-Ads on Vulos? What advantages does it provide for blockchain?
Vlad
Great question.
At the core of https://t.me/the_blockchain_ads EcoSystem is the P2P Advetising Platform. Which allows Direct communication between the Advertising participants.
So at the moment the Platform is operational and active.
It has been in Bate for the last 11 months and used
internally by the Leanmarketing-crypto team ( the core team that stands behind
blockchain-ads)
Vlad
So the by introducing the P2P Ad Platform and Blockchain-Ads
Ad Serving Methodology, which is based on Header Bidding we have successfuly managed
to
Jonah 🏅🎹
| Satoshi Club
Asides the fact that they were built by the same team, is
there any correlation between “leanmarketing-crypto” and
Blockchain-Ads ?
Vlad
1. Remove all the middleman. (DMP,DSP,SSP) Which lowers the
cost up to 90%
2. Achive full decentralizaton – no central authority, which
solves
3. censorhip
The media team (proffesional media byers) used the blockchain-ads Ad serving methodology and wallet granular targeting to run Ad Campaings for more then 14 Projects
Such 6 on the NEAR ecosystem, 2 on Cosmos SDK
Robocop
Also why Vulos ? Do you have plan to reach other blockchain
in the near future or only focus on Vulos Blockchain?
Vlad
And the reson why the leanmarketing-crypto team is showing
such good results
Correct very important
Vulos is a private blockchain – which is necessary for
sensitive data storage ( like ad inventory)
Secondly, Vulost Digital Identity solution is necessary
for the Personal Advertising
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Vlad
A user creates their own digital identity, with their wallet
address and they own all of their Ad prefferences (ther own data) AdNFT
and getting paid for it
Still in bata – will be released in Q3
Jonah 🏅🎹
| Satoshi Club
Awesome
Robocop
Thank you for the detail answer , do you want to add
something or we can go to next question?
Vlad
Next
Vlad
for more details please join our community. I am always there to answer
Robocop
Q2 from Telegram user @ambbobb
In your forthcoming development, you plan to release a token (XADS) to serve as the governance token in this project, can you give an advance overview of the whole thing about the token, on which blockchain do you plan to have it and what will be the main use case for it? There are public sale and private sale for the token where 3% and 17% is allocated for them alternatively, how can we participate in the sales?
Vlad
Me or the team
The XADS token is a Bep20 token
Vlad
and its respectiv counterparts on ethereum, polygon will be
deployed with the standard bridge logic
All the payments and transactions in the platform are made
solely with the XADS token.
The Payment module has incorporated an Exchange mechanism
that currently allows deposit from 40
different popular cryptocurrencies to be converted to XADS and added to the
users advertising accounts, using a third party tool.
In the future a direct exchange and bridge plugin will be
added that will allow users to also sell XADS directly from the Blockchain-ads
platform.
Yes….Optimus is doing a givaway for the participants on
the presale
Robocop
This is really great opportunity ! Don’t miss this chance Satoshi Clubber
Vlad
we will do as much as needed to enable wider adoptance and
enable scalabiity
Crypto Trader
Yup! 400K OPTCM up for grabs!!
Vlad
Take it guys !!
Jonah 🏅🎹
| Satoshi Club
Awesome
Thank you for your Answers
Ready for the next question now?
Robocop
lets go to next question ?
Vlad
Absolutely
Crypto Trader
yes
Robocop
Q3 from Telegram user @yellowchamp
On the 2nd quarter of 2022 ,you plan to launch an NFT Based Ad Targeting with personalized ad using digital identity and users are paid to view ads so intially how would this NFT Based Ad Targeting be implemented in your platform?What kind of NFT items are you considering to be used in your Ads?As you are soon to use digital identity,how can anyone register and what kind of info needed? How secure the data information in your platform for digital identity? Lastly,as you propose to have a features that users are paid to view ads,so can you explain in advance the mechanics of this program?How would be the implementation of this program and what would be the rewards? Thank you
Vlad
This is why we use Vulos.io and the digital identity
solution.
Its a private blockchain and only the user have access to
its own data. No open ledger.
The AdNFT (user ad prefferencess) are stored in their
digital identity (sort of a wallet) which will be blockchain-ads native
extension or plug in with existing wallets such as metamask.
So all the data that currenlty Google owns and hold 35% of the $700 Bn will be
distributed to the Users. To whom it belongs to
This is the breakdown.
Jonah 🏅🎹
| Satoshi Club
Our next question asks about this as well
Vlad
So first the publishers are incetivized ( web properties
where ads a shown) and gradualy move to
the Users
Log in would be just with a wallet address. That will become
Unique Identifier
Email registration is currently enabeled. However once we
start the scalability stage all the web3 features will be deployed
Jonah 🏅🎹
| Satoshi Club
How about a situation where a user has multiple wallets,
does this translate to multiple identity
Vlad
1 wallet address is used as a unique identifier
For data collections and compiling multiple address can be
added
Robocop
can you please share the Roadmap from Blockchain-Ads ? what
is the next target for Blockchain-Ads?
Vlad
Sure
Here is the Development progress
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing
Vlad
Next step is the Scalability Stage, where the goal is to
onboard 1M of publishers which effectively will interupt the Ad space
Jonah 🏅🎹
| Satoshi Club
Massive
Thank you for your answers
Robocop
Thank you for the answer ! are you ready to go to 4th
question?
Vlad
sure
Robocop
Q4 From Telegram User @iceVermithraxx
Hello Blockchains Ads team
I was able to successfully register on the Blockchain Ads Platform and succesfully confirmed my email, but I was asked to be choose Publisher or Advertiser, this is a little bit confusing for me. Can you explain on Publishers and Advertisers in Blockchain Ads platform? Can you also elaborate on the functions of the Publishers and Advertisers in Blockchain Ads ecosystem? Can you share on the earning system of the Publishers and Advertisers in Blockchain Ads? Lastly, in terms of monetary value, what are the requirements for users to start to publish and advertise in Blockchain Ads? What are the different deposit methods which users can deposit into their portfolios?
Vlad
Very good. Glad to hear that
We haven’t even went public we have more then Ad 100 users.
To simplify
Advertisers – business and projects that advertise
Publishers – web properties where ads are being shown
Users – users that register and create digital identity
(AdNFT) released Q3
Vlad
So the benefits are:
No censorship – Everyone can advertise anythihg they want
No Centralization – No middleman – Lowering the cost from
70-80 sometimes 90% to only 1%
And the historical tracking and data is secured onchain
No requirements, just register and start advertising.
Jonah 🏅🎹
| Satoshi Club
Simple and Impressive
Vlad
Deposit, currently blockchain-ads is connected with a third
party tool which enables deposit in more then 40 cruptocurrency
Absolutely. Thank you
Jonah 🏅🎹
| Satoshi Club
Is there plans to add fiats to this?
Vlad
I think we gonna make that happend this week
we got APIs from indacoin and considering kukoin to enable
visa and master card
So they can buy XADS directly
User -friendy
Robocop
Thank you for the answer, by the way do you have any
link/article/video about guide how to start advertising?
Vlad
Earning system;
3 Layers of Rewards:
1. EcoSystem Rewards
2. Performance Rewards
3. Staking Rewards – 2 staking pools
Vlad
I can probably share something with you guys after the AMA.
I understand that Blockchain-ads is a decentralized Advertising Ecosystem offering huge advantages and benefits over the existing centralized web 2.0 landscape and the Ad tech Giant and data conglomerates by enabling all advertising engagements to be conducted on chain open ledger and leveraging the benefits of the block chain technology. What is the sole aim of Blockchain-Ads as a decentralized Advertising Ecosystem? What are the features of Your platform that allows for Decentralized Storage of data and Management? I saw that Blockchain-Ads also makes use of Artificial Intelligence on its Platform, what are the main functions of AI on Blockchain-Ads ecosystem?
Vlad
Blockchain-Ads Sole aim is to Decentralize the Advertising
Industry
Blockchain-Ads will become for DeAdv (Decentralized
Advertising) what Uniswap
or Compound was for the DeFi.
That single project that made an impact and allowed wider adoption.
of course it won’t happen over night..,but DeAdv is
inevetable
Some of the Features and Benefits
As an EcoSystem Blockchain-Ads is SelfSustainable
Blockchain-ads P2P Ad platform is profitable from the start
as it bears no expenses.
35% from the revenue stream goes to the EcoSystem fund that
is used for rewards. That allows self-sustainability.
60% is sent to the Community Fund – distributed only among the accounts staking
XADS
5% is used for liquidity, buyback and burn wallet
AI and machine learning is used for optimization and
improved targeting.
Jonah 🏅🎹
| Satoshi Club
On what platform can users currently stake XADS?
Vlad
XADS will have its TGE after the private sale…
Once we integrate and deploy the XADS… staking will be
enabled
Thank you for the answer , lets go to last question from
part 1
Jonah 🏅🎹
| Satoshi Club
Btw our last question is about this
Robocop
Q6 From Telegram User @jameslekan664
Hello “Blockchain ads”!.
You had mentioned on your twitter announcement that 580+
users has been whitelisted to ” blockchain ads” private and public sales which
will commence tomorrow being 24th of February. Considering the little amount of
time left before the start of the event, is there any possibilities that my
wallet could still get whitelisted? What will be the kick off time of the event
and which launchpad will be hosting the event? What benefits will the
whitelisted users get? If I happen to miss this event, will there be more
upcoming live rounds that I could possibly take part in? Please give details,
thanks!
Vlad
@acryptotrader can help with that
Vlad
There is still time. and you have a chance to get OPTCM
tokens for participating in the pre-sale
Crypto Trader
The interest stage will end tomorrow and then the private
and public sale rounds will start. for Public sale you will need to be a tier 1
holder holding at least 1000 $OPTCM. for private you need to be at least tier 2
holding over 10K $OPTCM
Vlad
maybe they can check out the telegram group for more details
Robocop
can you please share the important link or social media from
Blockchain-Ads?
Its fun on twitter…a lot of stuff.. things are moving fast
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing with us
Robocop
Thank you ! it has been an amazing time in this first part
of the AMA
Vlad
Ohh..there is more?
lets do it
Jonah 🏅🎹
| Satoshi Club
We will now like to proceed to the second part of our AMA
Jonah 🏅🎹
| Satoshi Club
Our users will ask you their questions directly
Chat will be opened for 120 secs
Vlad
I would gladly answer
Robocop
Now Is time to proceed with the second part, the live segment part 2, are you ready? @acryptotrader @Vlad_LeanM
Jonah 🏅🎹
| Satoshi Club
Are you ready?
Vlad
Yeahh…
Crypto Trader
Yes
Part 2 — live questions from the Telegram community
Q1 from Telegram user Hridoy55
Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?
Vlad
The Advertising is 700Bn market.Global market. There is massive demand on the market for an Advertising solution that allows advertising without restrictions.
Accessible to everyone.
Q2 from Telegram user @Nonerlike
Do you have any tokenomics released and have allocated team tokens? How important is partnership and collaboration for you? What are your partnerships done by your project?
The team have worked for the past year with NEAR and we have massive support for the non-crypto industiries that are shifting to blockchain space. We have secure partnerships with several DeFi and NFT marketplaces.
As well as a RealEstate consortium from Europe that is building in the metaverse and have the backed 1 on 1 with the real-life assets. One of the biggest Chinese sneakers factory that is selling their sneakers 1 on 1 as NFT and as skins in their GameFi. Blockchain-ads is a perfect match for them to advertise their NFT in the metaverse as we are connecting our API with their platforms.
The last two are coming in as one of the biggest investors.
Q3 from Telegram user @NID1334
Can you share your social media links so we can keep ourselves updated thank,s sir…??
What role will the non-fungible token, often known as NFT, play in your project? Does this indicate that consumers’ preferences will be recognised as digital assets if they pay to view advertising and advertisers have the best targeting?
Vlad
Very close. The AdNFT (where the user will store their prefferences) allows details granular tarrgeting and high perfomance for the advertisers. The User will get paid for creating an AdNFT
Q5 from Telegram user @cenkkargin0666
What do I need to get full access to the server of the Blockchain-Ads platform, do I need to make any investments? Do you offer a feature such as “ADS SEARCH”, how can we reach the types of advertisements we want?
Vlad
The Ad server is in beta still. You can use the display ad network. In future Blockchain-Ads EcoSystem will deploy Native, Social, Search, and Direct Advertising, which covers all aspects of the digital advertising formats and channels.
In your introduction, you said Blockchain-Ads is introducing DeAdv and MetaMark.. This looks like a new term concept. Can you break it down to me what these two mean? How does it benefit the blockchain Ads space?
Vlad
Decentralized Advertising and Metaverse Marketing. Much like the banks in the DeFi, all the central authorities in the DeAdv are redundant and their overestemated role is absolutelty unnecessary.
So DeAdv is the new DeFi
Q7 from Telegram user @sirdefi
Blockchain-Ads talks about being Censorship Resistant, but do you have any mechanism to block those ads that promote hate, racism or violence?
Vlad
There is self-controling mechanism.
The ad delivery module use contextual targeting as main bidding model, so child pornography, etc… does not fall under any contextual targeting, so no bids will be made.
Furthermore the server, provide multiple ways for the system to self regulate:
• Publishers can whitelist or blacklist advertisers or ad units; (own governance)
• Advertisers can whitelist or blacklist publishers, topics (tags) or individual ad slots; (self governance)
• Users can blacklist ad units, advertisers and even topics (tags). (self-governance)
Q8 from Telegram user @KhaleesiKhalee
Can you mention who are your competitors? Why should I prefer to use, publish or advertised in your platform instead of any of your competitors? What incentives you could provide that your competitors could not?
Vlad
1.Blockchain-ads is Fully decentralized competitors, all of them generally do not comply with the principles of Decentralization in a meaningful way. None of these projects have Blockchain solutions for tracking and historical data. The transactions and ad inventories are stored on a third party server, off-chain, which defy the whole decentralized value
2.The only Perfomance Based Advertising platform only way to show the difference is if do an open competition .Which we are ready to do at any time
Q9 from Telegram user @caohuong20
I want to invest to your project. Where i buy your token? Is it available on any exchange?, please help me
Blockchain game developers have continued to improve
on the fault and flaws of traditional games. They have introduced
functionalities that tend to create a revolutionary approach to gaming, which has
allowed players the latitude to earn, while having leisure at the same time.
Statistics have revealed that the global gaming space which
was worth USD173.70 billion in 2020, is expected to reach a value of USD546
billion by 2026. Massive!
As the gaming industry continues to boom, the amount
paid by users to purchase in-game assets that are used to prosecute activities
in games have continued to increase arrogantly. For example, in 2021 alone,
records have shown that players spent a whopping USD61,000,000,000 on in-game
items, but unfortunately received nothing back. Most of the money expended went
into the pockets of giant companies. Mhm!
It is clear that there is a silent but seemingly
obvious lacuna in the gaming industry, which has unevenly allowed game
companies to benefit from the one-sided model that enriches them, while discouraging
true ownership, which would otherwise have been favorable to users.
In recent time, we have witnessed crypto projects,
most especially in the areas of gaming and metaverse that have witnessed
tremendous breakthrough after making their debut. From Axie doing 260x to Sand
doing 163x; from Mana doing 63x to Gala doing 480x; Metaverse game tokens have
continued to impress and record high growth among cryptocurrencies.
A set of experienced game developers have now decided
to team up with an already existing crypto project (NFT Global), to build SURVIVE – a game with true ownership
and play-to-earn possibilities, all entirely for free. This game is gearing up to
take over as the next metaverse revolution that will grant players ownership
and control of their in-game assets while providing them with multiple opportunities
to monetize these assets.
In this project research, I will be embarking on an
illuminative discovery of the SURVIVE metaverse, in order to assist interested
players like me have better grasp of the rudiments necessary for survival in a
Meta City.
1. Let’s Meet SURVIVE
SURVIVE is an NFT play-to-earn open-world game in the
METAVERSE, where you can own your NFT Characters, Weapons, Supercars, Villas,
and Land. It have a semblance of GTA 5, with a 3D open world where you can play
for free and earn money.
The game uses Binance Smart Chain (BEP20) technology to bring digital ownership to players and provide them with a marketplace to buy, sell and rent NFTs characters or other in-game items. It is the first game developed by Ex. Ubisoft and PSN game developers, and it is also the first metaverse game in complete 4K graphics. I must commend the attention that SURVIVE has given to graphics and game interface/environment because not too many blockchain games prioritize this area in game development.
The game is designed with numerous features which are all
meant to deliver a climacteric experience to investors and blockchain game
lovers. Some of its key features are:
A
complete free to play game set up
Ownership
control over game assets
Competitive
gameplay that stimulate engagement with an ability to earn reward
Epic
game economy powered by $SURV token
Scintillating
metaverse experience
Ability
to build and customize your super squad
Never
ending games, broken into seasons and continuously updated
Augmented
reality and real world environment experience.
2. The ‘Surviving’ Brain Behind SURVIVE
The SURVIVE team comprises top game developers with
10+ years of experience creating games with stunning visuals and addictive
gameplay with experience in all aspects of blockchain technology. Their major
ambition is to build a leading NFT game eco-system in the blockchain space that
delivers sustainable values to both users and investors.
The team is based in Switzerland like other blockchain
projects proprietor such as Ethereum, Cardano, Solana, Polkadot, and other
reputable names in the crypto space. They have establish partnership with NFT
Global, an innovative NFT Platform, in order to bring a new level Metaverse transformation
to the game industry.
The private sale of SURVIVE token was held on NFT
Global Launchpad, where the Survive team where KYCed while the public IDO was
held in PinkSale. During the IDO fair launch that was held on PInksale, SURVIVE
broke history and achieved a remarkable feat by becoming the first project to
raise a whooping 5100+ BNB in the history of Pinksale. This is an amazing feat!
In addition to milestones already accomplished, SURVIVE will be sponsoring
Dubai Crypto Expo, an event that will allow it to meet with lot of new
potential investors and bring new cooperation to this already hyped project.
3. The Game modes
It is obvious that there are numerous gaming and
metaverse themed projects that are already abundant in the blockchain space. Survive aim is to topple them using exciting
game modes that ensure true digital ownership.
SURVIVE game modes are based on a powerful and
thrilling storyline of a pandemic ravaged world, where all infected people were
either dead or turned into zombielike creatures. As it stands, only 9999
survivors are left and they are desperate to ”battle for survival as the age of
survival begin”.
Apart from the enthralling storyline, the game play-to-earn
model which is based on an epic game economy fueling, offer users great
opportunities to monetize owned amazing in-game items.
As it stands, there are three game modes that users
will be able to interact with in SURVIVE and I will highlight them briefly
below for you.
Metaverse: The Metaverse of SURVIVE will be
divided in two modes: the META City and the No-Go-Area. It exists as a Decentralised
Autonomous Organisation (DAO) governed Meta City. Players of the game will be
able to explore this virtual world freely and achieve objectives as desired.
They can create their perfect combination assemblage and killer squad, interact
with friends and complete daily quest, rise through ranks and increase their
reward. This particular game mode is for players who desire to become a legend;
as they use to say it in SURVIVE, Legends are made in Meta City.
Battle Arena: Battle Arena is a player-versus-player game mode. Players will be able to create a squad containing up to 100 other players and fight together against other team. In order to enter the arena, players will first need to invest a small amount of $SURV token. Thereafter, players can decide their battle format whether it will be one or one or in duo. They can also engage in squad battle and unleash their winning squads against one another.
The Battle Arena is very unique on its own because,
there is no room for escape. You will have to battle to finish because in the
arena, only one will last and the winner will take the entire invested tokens and
other additional reward. Will it be you? Well, time will tell.
Zombie Mode: The pandemic that affected the town
has infected some persons who are located in the No-Go Area. The No-Go Area is
full of infected persons who are now zombies. However, for those whom like to
dare the status-quo, there is an opportunity to earn if they can disobey the
No-Go parlance and enter the Zombie Mode. Your ability to survive against these
blood thirsty zombies will get you reward in $SURV token. All you have to do is
kill them all and survive.
In addition to these modes, there will be Esports
events which will be organized and available for players to participate and
earn massive rewards by playing either with their friends and other gamers. You
may need to stay connected to SURVIVE community in order to be be among the
first to know about these events as soon as they start rolling in.
Initially, the first set of release of the game will
be of high resolution for PC devices. By 2024, SURVIVOR will be fully mobile
and will be available in both iOS and Android compatible devices.
4. Survivors NFTs
Survivors NFT collections will open access to
exclusive opportunity and benefits within the game ecosystem. Each NFT
character is a unique 3D digital representation of the 9999 survivors which are
the main game characters. They are limited in number and you will need these
NFTs in order to play the game.
All NFTs and assets earned, bought or won by players belong to them, thereby ensuring true ownership. Games items and any inherited status are verifiable on the blockchain, and can be traded with another person or play.
In order to facilitate the trading of SURVIVE
characters, the game has already partnered with NFT Global and these NFTs will
be available for trading there. In addition to this, users will be able to
trade their digital item on other reputable mainstream marketplace such as open
sea.
SURVIVORS have various traits such special styles,
expressions, skins, weapons, and there are close to 250 of such traits. This
creates sufficient diversity in the metaverse. Players will need $SURV tokens
to mint or purchase game NFTs such as lands, guns, cars, helicopters, boats,
dogs. These NFTs have monetary values that can yield great returns to $SURV
holders.
$SURV holders are given additional privileges such as
the ability to get SURVIVORS for a discounted amount and the possibility to receive
special rare NFT character or weapon for free. In addition, as a holder of SURVIVOR
NFT, you can be granted private access to undisclosed information, networking
events, and online masterminds. With this numerous opportunities and benefits,
SURVIVOR is going to be an hot cake and you will need to be quick to become one
of the early holders.
5. Free to Play; Earn for Real
Survive is entirely free-to-play. Yes! You heard me
right…Free to PLAY. The game has prioritized fairness where everyone gets an
equal chance to demonstrate their survival ability. You can buy or rent a
character for free. Importantly, the game is designed with a focus on fair,
competitive play. Unlike other free-to-play games, SURVIVE plans to give users
complete ownership over their in-game items.
As per the play to earn game (which I know most blockchain players seriously and understandably covet), reward mechanism will be driven by $SURV token. The team has already reserved 50% (a sumptuous half) of the total token supply for the play-to-earn reward pool.
Generally, SURVIVE is adamantly committed to give
incentives to players and all participants in the eco-system that are ready to
promote game’s growth either through direct participation in games or in other
promotional engagements. It is believed that the player-driven ownership style of
the token, is sufficient to hyper-charge the community and even the growth of
SURVIVE as users become incentivized to work together to make the game
successful.
6. Earn Extra $SURV; Stake and Survive
In addition to earning and incentive reward that users
get through the play to earn game modes, survive has introduced a fixed staking
pool that can ensure users will earn passive income up to 1000% for doing
nothing. The staking pool which will be hosted on NFTG platform is meant to
stabilize the project and incentivize long term holding.
There are four pools for users to select from depending on their
appetite for long term survival. These are:
5
– 20% not fixed APY for daily stakers
50%
fixed APY for 1 year
300%
fixed APY for 2 yuears
1000%
fixed APY for 3 years
These pools are limited for short periods and you will need
to hop in as fast as you can so that you can enjoy the fullest survival
benefits available.
7. Tokenomics and Taxes.
$SURV has a total supply of 1,000,000,000,000 and like
I said initially, half of this supply is allocated to the play-to-earn reward
pool. 15% of $SURV is meant for liquidity pool so as to enable sustained
liquidity guarantee a safe and healthy project. 10% will be burned to maintain
the long-term value of the $SURV token supply.
With regards to taxes and fees, players will pay a tax of 14% on every buy or sell transaction. 5% from this fees will be used to fund marketing wallet, 4% will go to liquidity pool, 1% for strategic buy back while 2% is meant as reward to all $SURV holders.
8. Conclusion
Life is about survival and the moment an individual
lost his or her survival instinct, he or she cease to exist. With SURVIVE, you
will not only be able to test your survivability in the day to day hustle and
bustle of the physical world, but you will be able to replicate this in the day
to day rumbling and tumbling of a battle-driven metaverse seeking for survivors.
With half of the token meant to reward players and
with an experienced team, who has a formidable partnership with an already
proven NFT project, SURVIVE is poised to make every cent of player’s investment
worth it. Gamers now have concrete reasons to give SURVIVE a try, experience a
thrilling game atmosphere, acquire real ownership of games asset and monetize
their survival strategies as they deem fit.
