Month: March 2022

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 ? Nested Finance and our guest was . The AMA took place on the 31th of March.

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

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with Nested Finance

Robocop | Satoshi Club

Hello Satoshi Club community ! We are pleased to announce today AMA with Nested Finance

Robocop | Satoshi Club

Today our special guests are @singk5, @lorexia and @thongqtran

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club, guys!

Thong Tran

Hello everyone, thank you for your warm welcome

Gold Rocket | Satoshi Club

Nice to e-meet you

How are you doing?

Robocop | Satoshi Club

Hello, nice to meet you , do you have partner to join here also?

Thong Tran

Yes, Rudy, Nested Founder will join us today for the AMA

Gold Rocket | Satoshi Club

We are very glad to conducting AMA with Nested Finance!

Let’s start with the introduction to warm up.

Introduce yourself please. How did you get to be involved in crypto & Nested Finance. Tell us please about your position in Nested Finance.

Robocop | Satoshi Club

We are so excited to do AMA with Nested Finance, btw what is his telegram id ? let us add him

Thong Tran

I think Rudy isn’t yet granted permission to write in the group yet 🙂

Gold Rocket | Satoshi Club

what is his tg name? I can add him.

Thong Tran

@singk5

Gold Rocket | Satoshi Club

@singk5 Hello and welcome to Satoshi Club

Robocop | Satoshi Club

Welcome to Satoshi Club Rudy, nice to meet you

Rudy | Nested 🧩 🇨🇭

Gm all!

Rudy | Nested 🧩 🇨🇭

A pleasure to be there!

Gold Rocket | Satoshi Club

We are honoured to have you here today

Let’s start! Introduce yourself please. How did you get to be involved in crypto & Nested Finance

Rudy | Nested 🧩 🇨🇭

Everything started in late 2016 when I contracted a student loan only to invest all of it in Ethereum. That was my gateway to web3 and I never left the space since. It was in 2021 that I decided to stop my studies in artificial intelligence and data science – in one of the most prestigious French engineering schools – to launch Nested. The company grew from 3 wishful founders to 15 full-time employees, raised USD 7.5M from some of most prominent angels and institutional investors, and launched a decentralized social trading platform to incarnate the idea of SocialFi – all that in barely a year. I also have some profesionnal experience in market research at Ledger as well as in Fusion – Anyswap is built on the top of Fusion.

Thong Tran

Hi everyone, my name is Thong, I am with Nested Growth team. I have been in Crypto since 2018 and have worked with Rudy at Fusion Protocol from the beginning of their ICO.

Then I have worked in many crypto projects including Financial Layer 1 DCRM Fusion, Cross-chain Anyswap

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of Nested Finance

Robocop | Satoshi Club

Thats really impressive ! Both of you have a great background and experience,

by the way how big are Nested Finance team ?

Rudy | Nested 🧩 🇨🇭

We are 15 today!

Gold Rocket | Satoshi Club

@singk5  @thongqtran great background

Gold Rocket | Satoshi Club

@singk5  @thongqtran

Robocop | Satoshi Club

Can you please introduce more to us about Nested Finance ?

Gold Rocket | Satoshi Club

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Nested Finance?

Rudy | Nested 🧩 🇨🇭

On Nested, you can create and replicate portfolios. Each portfolio will be tokenized in the form of an NFT that we refer as a NestedNFT.

The user only manages one unique token – The NestedNFT.

You can browse portfolios directly from the Nested dApp, many filters are available to be sure you find what you’re looking for. It can also be traders profiles.

When it comes to the perks, each time a friend or a community member replicates your portfolio – a fully decentralized and easy two steps projects – you earn a part of the platform’s fees.

The cherry on top is the UX, we are obsessed with it and while DeFi suffers from over complication, Nested benefits from over simplification

Thong Tran

Here you can see an example of the NestedNFT Portoflio:

https://app.nested.fi/explorer/bsc:4283/byjo

Gold Rocket | Satoshi Club

Sounds great

Tell us please about the benefits of Nested Finance. How is it different from others?

Rudy | Nested 🧩 🇨🇭

We are also mobile friendly and multichain. Today, Nested is available on the BNB chain, Polygon and Avalanche. It will be available on Ethereum, Optimism, Arbitrum, Fantom, Celo and hopefully Solana before the end of July.

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Rudy | Nested 🧩 🇨🇭

Nested is a social trading platform that allows users to – very simply put – copy or create portfolios from scratch. These portfolios are what we call “Nested NFTs”. These NFTs have nothing to do with what you would see on NFT platforms such as OpenSea. Rather, we have decided to use NFTs because of technological reasons which are as follows:

Rudy | Nested 🧩 🇨🇭

For the technology’s potential

– The opportunity to collateralize a portfolio;

– Integration and visualization in the metaverse – potential to create NFT galleries in the metaverse;

– Have more flexibility by having the ability to showcase and exchange portfolios ownership through secondary NFT marketplaces (OpenSea, Rarible, etc);

For security purposes

All the users’ assets are stored inside a reserve which is a self-custodian smart contract. Each NestedNFT represents a right on this reserve. Imagine a big safe containing thousands of smaller safes. Each NFT opens one of these smaller safes. We use to say: “not your key,  not your crypto”, at Nested we say: “Your NestedNFT, your assets.”

Robocop | Satoshi Club

That’s great! i can see that Nested Finance try to reach other chain as much as possible

Thong Tran

Better fees management:

By creating/sending/gifting or just interacting with one unique portfolio, instead of having to send all underlying tokens separately for example, fees are much lower for users;

Strategic pertinence:

Strategies are unique – just as NFTs: it thus makes sense to tokenize a strategy as an NFT given its non-fungibility;

Our goal being to democratize and socialize DeFi, using NFTs as a tool – which are widely well known and understood even by neophytes – made sense;

Gold Rocket | Satoshi Club

it looks quite democratic

Rudy | Nested 🧩 🇨🇭

Yes, it’s important to target all available markets!

Rudy | Nested 🧩 🇨🇭

Most of the team is there! It was at the Avalanche summit last week. There are also a few members missing as Thong.

Rudy | Nested 🧩 🇨🇭

You can see Alexia our head of growth, Adrien our CTO, Aurelien our CPO, Gabriel our CCO and other team members.

We are not anon haha!

Robocop | Satoshi Club

Dream team member ! Thank you for sharing this

Rudy | Nested 🧩 🇨🇭

I am the one wearing a t-shirt btw, just beside the cosmonaut

The grey one

I don’t wear an Octopus in real life

Gold Rocket | Satoshi Club

You are wonderful guys! I understand that it is the best pleasure to work in a dream team.

Robocop | Satoshi Club

haha, so who are the member in astronout costume

Thong Tran

Twitter: https://twitter.com/NestedFi

Telegram Channel: https://t.me/NestedFinanceChannel

Join Discord: https://discord.com/invite/VW8ZZsACzd

Link Tree: https://linktr.ee/nestedfi

Rudy | Nested 🧩 🇨🇭

A future hiring haha

Thong Tran

I just want to share some link if you want to see more updates of our team in Avalanche Summit

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Rudy | Nested 🧩 🇨🇭

Join us on social networks to be updated about our network launches, the airdrop, the fixing we implement each week and every single other news we can share.

Gold Rocket | Satoshi Club

Indeed

Robocop | Satoshi Club

Thank you for the great intro, are you ready for the part 1 with 6 question from our community?

Rudy | Nested 🧩 🇨🇭

Let’s go!

Robocop | Satoshi Club

Q1 From Telegram User @jameslekan664

Nested offers the cleanest user experience and enables access to all that DeFi has to offer. Leveraging financial NFT’s, Nested brings social trading to DeFi. I understand that a user doesn’t have to know much about DeFi to start trading on Nested as it is possible for users/investors to copy expert traders portfolio..What fees will be charged for a user to copy these portfolios?..Will there be a form of ranking system to see users with the best portfolio?..You also mentioned that, Expert traders earn “Royalties” when their portfolio..What are these “Royalties” and what benefits/advantage does it come with on Nested platform? Lastly, how can traders improve their portfolios in order to increase their chances of earning “royalties”?

Rudy | Nested 🧩 🇨🇭

What fees will be charged for a user to copy these portfolios?

Fees: 1%. The fee is a fix percentage right now, but it will evolve in the future. It will be one of the parameter controlled by the DAO, once we will launch the token and the governance.

Will there be a form of ranking system to see users with the best portfolio?

Yes, the explorer will have many more categories before the end of June. Today, you can already see the most performing and replicated portfolios.

Will there be a form of ranking system to see users with the best portfolio?

Yes, we just designed the new explorer, and there will be a ranking per user

Expert traders earn “Royalties” when their portfolio..What are these “Royalties” and what benefits/advantage does it come with on Nested platform?

First, everyone can create and replicate portfolios, so absolutely everyone can earn royalties, not only expert traders. Royalties are a part of the paltform’s fees. You basically earning money at each replication.

Lastly, how can traders improve their portfolios in order to increase their chances of earning “royalties”?

My advice would be: build a community and make them earn money through your portfolio. You have to be very carefull with them. Some time, swapping all your assets in stable coins might be a good choice to avoid losing money when the market dumps.

Robocop | Satoshi Club

Thank you for the detail answer, btw what are all requirement if new user want to copy from expert ? is it only need to pay the fees?

Thong Tran

Because we are a democratized DeFi Social platform , creating and copying a NestedNFT Portfolio is permissionless, any one can choose to do it without limitation. The only things that will be required is the network fee and the platform fees which is a usual requirements from other DeFi tools

Thong Tran

Gold Rocket | Satoshi Club

Thanks for your great answers and clarification. Are you ready for the next question?

Robocop | Satoshi Club

Got it, Thank you. Let’s go to next question ?

Robocop | Satoshi Club

Q2 From Telegram User @Blessingchum

$NST is the native token of Nested Finance platform. I read that it is designed to facilitate and incentivize the decentralized governance of the protocol. Speaking of “governance”, how does the Nested governance work? Will every user have a voting right to aid the platform’s development?. You also mentioned that $NST boosts users experience by unlocking some unique features. What are these features and how does it enhance the overall user’s experience?

Thong Tran

The NST will mainly be a governance token: as a token holder, you will be able to monitor Nested protocol’s metrics (fees, royalties, etc.) but also to submit proposals.

Also, as a token holder, you will benefit from a discount on platform fees. We will encourage our users to lock them the longest as possible and to lock as many tokens as possible to benefit from multiple advantages within the platform.

We will also, with a part of the profit, either buy back the NST tokens on the market and lock the purchased tokens for one year (the DAO will decide) or distribute the profit to token stakers.

Finally, there will be mechanisms to bootstrap the liquidity of the tokens on decentralized exchanges.

Robocop | Satoshi Club

Can you share to us about $NST tokenomics ?

Rudy | Nested 🧩 🇨🇭

Everything is written there: https://docs.nested.fi/tokenomics

Next question

Robocop | Satoshi Club

Thank you for share this, lets go to next question

Robocop | Satoshi Club

Q3 From Telegram User @Neilselin

I learnt that in Nested VIP Tiers Users who stake a specific amount of NST tokens are eligible for a discount on protocol fees. Can you elaborate more on the VIP Tiers ?what are the requirements an interested user needs to meet to be eligible to join the VIP Tiers?what other incentives does the VIP Tiers comes with other than just the discount on the protocol fees?when a user stakes more than the specified amount, does that mean he will get more discount? Network run efficiently?

Rudy | Nested 🧩 🇨🇭

Everthing we can share about the token has been sent above, sorry guys! You will have to wait for the TGE.

Robocop | Satoshi Club

Can’t wait, don’t forget to share the new update with us

How about audit for the smart contract?

Gotcha

Rudy | Nested 🧩 🇨🇭

We take the matter of security very seriously: in this regard, we have conducted security audits — by Code4rena, Peckshield, Certik and Red4Sec — that demonstrated the impermeability of our solution.

Here is a code arena contest example: https://code4rena.com/contests/2022-02-nested-finance-contest

Rudy | Nested 🧩 🇨🇭

We made two contests on Code Arena

Robocop | Satoshi Club

Thank you for make safety and security as main priotity for Nested Finance !

Gold Rocket | Satoshi Club

Thanks for sharing

Robocop | Satoshi Club

Do you want to add something or we can proceed to the next question

Rudy | Nested 🧩 🇨🇭

Yes, let’s work on the next question

Robocop | Satoshi Club

Q4 from Telegram User @Billz120

Hi Team Nested Finance- it caught my attention to know that You co- hosted a little event which you did said with GSR, Quantstamp and Republic Crypto this Tuesday 22nd, 2022 to meet and chat about the Avalanche summit, etc. What was the Avalanche summit about could you please explain to us? Was the summit a success? Could please tell us the full meaning of GSR? Of what benefit is Quantstamp and Republic Crypto to Nested Finance in regards to the supposed co-hosting the said little event? Finally, could explain to us enthusiasts the benefit of this summit to Nested Finance Community?

Gold Rocket | Satoshi Club

Most of the team is there! It was at the Avalanche summit last week. There are also a few members missing as Thong.

Rudy | Nested 🧩 🇨🇭

We were sponsoring the event! It was about meeting as many Avalanche builders, frens and other projects as possible.

It was a real success!

Two days ago, we issued an article dealing with this summit: https://twitter.com/NestedFi/status/1508852126864261120?s=20&t=wOW6Xq50kpfhCKVY3OLDVA

Republic invested in Nested. About Quantstamp, it was just an opportunity to co-host an event with them but nothing more.

For enthusiasts, please read our article about the avalanche summit!

Gold Rocket | Satoshi Club

Congratulations

It’s a big milestone

Thanks for your answer

Do you want to add something? Or can we proceed with the next question?

Rudy | Nested 🧩 🇨🇭

We can proceed with the next question

Robocop | Satoshi Club

Q5 from Telegram User @ghostofcharmeleon

Hello, the Nested team.

I looked at the Nested app, it’s very user friendly and pleasing to the eye, great job! I had an idea. I can create a portfolio separately in each network, but as I understand it, I cannot form a multi-network portfolio. Do you plan to provide such an opportunity in the future? Perhaps you can come up with a multi NFT, which will consist of different NFT capacities. How do you like this idea?

Rudy | Nested 🧩 🇨🇭

Cross-chain technology aren’t mature enough yet but this is something we explore and I hope we will implement in 2023!

I am very excited about this idea and want to do it since day 1!

We just need to wait for the technology to be there! DeFi is still a young market!

Robocop | Satoshi Club

Speak of 2023, im really excited with what new update that Nested Finance will bring in the near future, can you please share with us your Road Map ?

Gold Rocket | Satoshi Club

Satoshi Clubbers know how to be in trends and feel great projects like yours.

Thong Tran

We have several phases of development: Puzzle, Lego, Tetrist, Rubik and Matrioshka

Under Puzzle, we basically gave the ability to users to create, edit, liquidate and replicate portfolios. Basically everything you have so far in our platform.

Through Lego, we built a modular architecture enabling our engineers to plug any other third parties to Nested. It’s the first layer to build the one-stop DeFi app we are aiming at.

The next version is Tetris

For Tetris, the idea is to focus more on community and social features – with the ability for users to comment on portfolios, communicate through a chatbox, connect to and follow other profiles, tip performing portfolios, etc. Basically the idea being that we socialize the use of DeFi as much as possible.

Tetris will also be a technical and exciting challenge as we will plug yield and lending platforms such as Aave, Curve, Convex, and Yearn – more will come later. Then, our users will have the opportunity to stake their assets from the Nested interface and directly to other platforms.

Under Tetris we will also be scaling and integrating other chains, namely Celo, Optimism, Arbitrium, Ethereum and Fantom.

For Rubik, we will plug borrowing protocols, you will now be able to borrow directly from the Nested interface and build complex trading strategies.

At the end of Rubik, people will be able to build and copy trading strategies but also saving and borrowing strategies.

Your Nested portfolios will react as a vault generating interest

Finally Matrioshka! People will be able to set limit orders directly from the Nested interface and import their NFTs to their Nested portfolios. Your portfolio won’t only be a set of ERC20/BEP20/… anymore but also a set of NFTs (BAYC, MAYC, etc.).

Robocop | Satoshi Club

Thank you for the detail and clear answer, are you ready for the last question for part 1 ?

Gold Rocket | Satoshi Club

Sounds really no ordinary and smart

Thong Tran

Yes we are ready

Robocop | Satoshi Club

Q6 from Telegram User @thisistoyin

Hi Nested Team.

To be able to win your $50 NFT give away, I tried Connecting to your Portfolio via your website using BNB chain via Metamask, Coinwallet, walletconnect etc.. but it was unable to connect, is there a reason for this? Furthermore,

No matter how Great A Platform is, Having A Great User Experience gives it more taste and Sets them apart from their numerous Competitors. And it was Quite stated that Nested would Provide the Cleanest User Experience and access to everything DeFi has to offer. Hence, i would like to know if Your Platform is Suitable and accessible for Beginners to also participate and Learn about the Numerous Functions and Advantages Nested Have to offer. Could you also Help in Elaborating more on your fees Management in the Aspect of Creating a Portfolio? What does it cost in creating a portfolio? Can i have just a single portfolio for managing all my tokens or I’d have to create separate Portfolio’s?? Thank you

Rudy | Nested 🧩 🇨🇭To be able to win your $50 NFT give away, I tried Connecting to your Portfolio via your website using BNB chain via Metamask, Coinwallet, walletconnect etc.. but it was unable to connect, is there a reason for this?

Are you sure you unlocked the wallet first? No other user had this issue. Our wallet connections work fine.

Please ping us on Discord, so we can help you!

Could you also Help in Elaborating more on your fees Management in the Aspect of Creating a Portfolio?

Once you create your portfolio a 1% fee is charged. If you crate a portfolio with 100 USD, our smart contracts will charge 1 USD of fees. Half will go to the initial owner of the portfolio you replicated, in case you’re replicating a portfolio.

 What does it cost in creating a portfolio?

Our platform’s fees + transaction fees (depending on the network you are using, Polygon is the cheapest, creating a portfolio will cost you about 10 cents of transaction fees).

Can i have just a single portfolio for managing all my tokens or I’d have to create separate Portfolio’s??

You can build as many portfolios as you want, if you want to add assets that aren’t on the same chain, you will have to create separate portfolios (at least one per chain).

Robocop | Satoshi Club

Do Nested Finance NFT tradeable ? where we can trade it and will you have your own NFT marketplace ?

Rudy | Nested 🧩 🇨🇭

All NestedNFTs have a intrisic value, it’s tradable on OpenSea, Rarible etc

Nevertheless!

Robocop | Satoshi Club

Thank you for the detail answer! it has been an amazing time in this first part of the AMA

Rudy | Nested 🧩 🇨🇭

It is not aim at being sold or exchanged over the counter

Robocop | Satoshi Club

Now is time to proceed with the second part, the live segment part 2, are you ready for the storm of question?

Gold Rocket | Satoshi Club

Thank you so much for this amazing first part of the AMA

Rudy | Nested 🧩 🇨🇭

You’re welcome!

I have to go, but Thong will still be there!

Rudy | Nested 🧩 🇨🇭

It was really funny to be there! I had a great time with the Satoshi Club community!

Don’t forget to follow us:

Twitter: https://twitter.com/NestedFi

Telegram Channel: https://t.me/NestedFinanceChannel

Join Discord: https://discord.com/invite/VW8ZZsACzd

Link Tree: https://linktr.ee/nestedfi

Robocop | Satoshi Club]

Thank you Rudy, It was a pleasure to have you here!

Thong Tran

Thank you Rudy for your sharing!

Robocop | Satoshi Club

so @thongqtran, are you ready for the storm of question ?

Thong Tran

I am all in for the storm haha

Part 2 — live questions from the Telegram community

Q1 from Telegram user @NAZMP2

Could you please elaborate on your referral program? What will the prize be for the more invites?

Thong Tran

We are currently running our first Invite Contest in Discord and anyone can participate, please sure to follow our Twitter too. Our contest is only opening for 2 weeks and we will definitely have more exciting events for the community:

https://discord.gg/cnDQKKapYZ

Q2 from Telegram user @Ozan_Ogg

Are you feeling the impact of Yeild Farming which is currently booming in the Crypto scene.

Then what will you develop in this field? Is there a chance that you will collaborate with other projects or do you decide to stand alone to stay ahead of your competitors? Are you very sure to support the “Staking” program? If you do support the Staking program, How do you run projects in today’s market system space? Will you meet the needs of investors when they want to hold your tokens?

Do you have plans to burn and then buy back?

Thong Tran

This is a very interesting question, Yield Farming is an important part of DeFi and Nested will be taking full advantage of the ecosystems. After you create a basket of coins/tokens in one NestedNFT , you can change allocations, sell it, send it as a gift or to have it on Opensea or Rarible.

But the real DeFi advantage is when you can use that NestedNFT as a backer to borrow other assets on Aave, or staking the entire portoflio and earn staking or pool reward all of of your coins! Please see our roadmap to see more exciting developments!

Q3 from Telegram user @King_Raja

What is the benefit of creating Nested NFT ?
and why should anyone create it?
Thank you

Thong Tran

The NestedNFT is a financial NFT. Imagine if the certificate of ownership of your house was tokenized in the form of an NFT, then this NFT would also be a financial NFT as it is backed by your home.

Similarly, NestedNFT is backed by financial assets like tokens (BNB, BTCB, SAND, etc.) and has an intrinsic value compared to JPEG NFTs.

Nested portfolio is a NFT gathering many assets (up to twelve).
Rather than managing several tokens separately, the users only manage one and unique token, called an NestedNFT.

Q4 from Telegram user @sukuna_x_itadori

How can we create a portfolio on your platform? And what are the requirements or formalities required to create a portfolio?
And do you guys also charge anything for this?

Thong Tran

If you have a Metamask either on mobile or desktop, and your Metamask already have at the least $5, you can already create a NestedNFT within 1-2 minutes!

You can follow these steps:

1.Go to this link for Satoshi Club Portfolio: https://app.nested.fi/explorer/bsc:4283/2rqq

1. Connect Metamask
2. Press Copy this portfolio

We will pick randomly those who copy this Portfolio and airdrop you $50 USD of a basket of coins!!

Q5 from Telegram user @devil_1807

This type of platform needs strong security because of users privacy matter, so please share about your security and audits .

Thong Tran

Security is our priority!
We conducted three private audits and two public audits. The public audits happened on https://code4rena.com/. There were more than 20 white hacks whose job was to find vulnerabilities. The last public contest happened two weeks ago.

Some of the hackers complimented us about the code. We also set up a timelock function; there are seven days between the time the team decided to push smart contract updates and the time those changes are live.

Of course, all our smart contracts are managed through a multi-sig to strengthen security.

Q6 from Telegram user @Tony253210

NestedFi focuses on user interface and user experience (UI/UX). How do you intend to enhance contact with new users as well as people from other industries? Is it primarily accomplished through user-centered product development?

Thong Tran

As you may know, every technology has been democratized through the UX. Apple wasn’t the first brand to build computers, but they were the first one to democratize them thanks to a user-friendly UX. Same thing for Google, or even Coinbase which was the first platform to propose a proper experience to buy and sell digital currencies. DeFi and web3 are complex topics, the UX should help people navigate through it and understand it.

Q7 from Telegram user @jirencrypto

What kind of orders can we program or configure in our Nested portfolios? Will we have Limit and Stop orders or only basic options?

Thong Tran

in the upcoming development, Nested will have the ability to not just include 12 coins in 1 basket NFT, but you will also able to include other Jpeg NFT and another NestedNFT inside 1 NestedNFT. This is what we call Matrioshky phase.

Not only this groundbreaking feature of Nested, you will experience first hand the stop order limit of NFT Trading

Q8 from Telegram user @deku_x_midoria

Do you guys have any Coin Burn / BuyBack plans Or Token Burn plans to increase the value of your Token and attract more users to invest on your project ?

Thong Tran

You know that for every creation of Portfolio or Copy, Nested will have 1% Fee. This fee isnot entirely for Nested but it will be for the community too.

With a part of the profit, either buy back the NST tokens on the market and lock the purchased tokens for one year (the DAO will decide) or distribute the profit to token stakers.

Q9 from Telegram user @cryptorocks_12

Would You Please Tell me What makes You different from TokenSets , I Mean Can I Know Some Competitive Advantage of Your platform , How Are you Superior ?

Thong Tran

Thank you for this questions, many of our users ask this very often thus we create a deep analysis of the differences. These are some points:

Cost: creating a portfolio is 10 times cheaper on Nested than deploying a set on TokenSets. Meanwhile, issuing an NFT is way cheaper than creating a whole “Set” smart contract.
By using NFTs instead of ERC-20, the possibilities to innovate in DeFi are endless.

Multichain: much diversity with more assets

Customizable finance: On Nested, every user is the owner of their strategy. Even after replicating a portfolio, users can still customize it. On TokenSet, after buying a set, users can’t add an asset they love or remove one they don’t. A user has to sell their set in its original form. Otherwise, users have to create a set from scratch, something most cannot afford. That’s why there are only 11 sets available on TokenSets.

From a legal standpoint:
On TokenSets, users do not have any control over the assets present in the set they buy. The set creator can rebalance and update the set at any time, set holders cannot do anything about it.
https://docs.nested.fi/common-questions/how-are-we-different-from-tokensets

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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

Our partners:
Telegram –https://t.me/NestedFinanceChannel
Medium –https://nestedfi.medium.com/
WebSite – https://nested.fi/
Twitter-https://twitter.com/NestedFi

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 Oasis Protocol and our guest was . The AMA took place on the 30th of March

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

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with Oasis Protocol

Jon Poole

Hello everyone!

Robocop | Satoshi Club

Today our special guests are @coincidencejon and @Exkki

Welcome to Satoshi Club!

Gold Rocket | Satoshi Club

Nice to e-meet you

Gold Rocket | Satoshi Club

How are you doing today

Ekin ｜ Oasis Protocol Foundation

Hello everyone! Excited to be here

Gold Rocket | Satoshi Club

Welcome to Satoshi club

Robocop | Satoshi Club

Welcome to Satoshi Club !

Gold Rocket | Satoshi Club

We are really excited about upcoming AMA with you guys

Gold Rocket | Satoshi Club

Let’s start

Gold Rocket | Satoshi Club

Introduce yourself please. How did you get to be involved in crypto & Oasis Protocol

Lovely stickers btw

Jon Poole

We’re back! I’ve missed this amazing community and we’re so appreciative you’ve welcomed us back a second time.

Jon Poole

Yes, let’s dig in and get started.

Thank you! Our Ambassadors are incredibly creative!

Gold Rocket | Satoshi Club

we also missed you very much

Jon Poole

 We hold Satoshi Club very high in regard.

Are we having a sticker fight? lolol we’re loaded with stickers!

Jon Poole

haha in all seriousness though, I’ll introduce myself.

Gold Rocket | Satoshi Club

win-win

Gold Rocket | Satoshi Club

so.. Let’s start with the introduction to warm up.

Ekin ｜ Oasis Protocol Foundation

Thanks @GoldRocket27

I’m Ekin, the Business Development Lead at Oasis Protocol Foundation. Passionate about data privacy and individual freedoms so naturally Oasis is a wonderful place to bring in partnerships and integrations to the ecosystem what I’m working on mostly.

Been in the crypto space for about 9 years, working on data privacy and confidentiality projects. Solving this is one of the largest problems in the world population in my opinion in today’s data exploitative internet economy.

Some of the coolest things I’m working on are the accelerator programs. We have many really cool projects and brilliant minds that are building on the Oasis Network and it’s such a pleasure to work with them so closely

Really encourage any developers here to apply to the DappRadar x Oasis accelerator program that is currently looking for projects building on Oasis

Ekin ｜ Oasis Protocol Foundation

Here is the link to the accelerator program

https://oasisprotocol.org/dappradar-accelerator

Robocop | Satoshi Club

9 years, That’s really great background and experience !

Gold Rocket | Satoshi Club

Don’t miss great opportunity Satoshi clubbers

Ekin ｜ Oasis Protocol Foundation

Yeah it’s been a while now  Oasis is by far the most talented and amazing project I’ve come across!

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of Oasis

Ekin ｜ Oasis Protocol Foundation

I think Jon is just finishing his intro before the question

Jon Poole

Thank you again, for hosting us. I’m Jon Poole, Community Lead and Business Development for the Oasis Protocol Foundation. I’ve been part of Oasis since the early days in 2018. I founded our community and have had the pleasure of working along side an incredible star studded team leading the Blockchain Industry in respects to Privacy!

My blockchain background comes from the private investor side, like most of us I came here because I heard it was the wild west of finance and I wanted to get involved. I was introduced to Oasis, and the rest is history. When I understood what Dawn Song’s vision had in store for blockchain, like so many of our team, I felt I had to be a part of it!

Gold Rocket | Satoshi Club

Sounds good

Robocop | Satoshi Club

by the way can you please introduce again what is Oasis protocol to our new member ? what new update that you bring this time ?

Gold Rocket | Satoshi Club

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Oasis

Jon Poole

Yes, I’d be happy to introduce the project!

Gold Rocket | Satoshi Club

Tell us please about the benefits of Oasis. How is it different from others?

Jon Poole

Oasis is the leading decentralized, privacy-enabled, and scalable layer-1 blockchain network.

Combined with its high throughput, low gas fees, and secure architecture, the Oasis Network can power scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market.

We have a unique blockchain architecture where we split consensus and computation. Our distributed consensus-computation layer architecture allows for better horizontal scalability while retaining vertical scalability across computational environments compared to our layer-1 competitors.

We provide a new landscape for applications to be built in blockchain by enabling privacy and we are the leading privacy-focused blockchain with some of the most reputable investors and supporters in the industry, including A16z, Pantera Capital, Polychain, Binance Labs and have Fortune 500 enterprise partnerships with Meta (formerly Facebook) and The BMW Group just to name a few.

Gold Rocket | Satoshi Club

this is an incredibly promising direction

Robocop | Satoshi Club

Cool! Oasis Protocol have famous and big partnership

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Jon Poole

Some of our most recent updates would be ParaTimes to build on! We have Parcel, Emerald (our EVM compatible ParaTime) and we have CIPHER (our WASM ParaTime) which will be adding privacy to the blockchain industry in a way never before enabled.

We also have a few points to highlight.

Oasis Bloom Hackathon

– Building the next generation of DApps for web3 & beyond

AWARD POOL: $200K in ROSE in prizes

– Topic: DeFi 2.0 and P2E gaming

Fountain Protocol

– First cross-chain lending platform powered by Oasis Network

– The protocol enables users to experience high capital efficiency and one-stop management of DeFi assets

YuzuSwap

– First Decentralized Exchange (DEX) built on Emerald, Oasis’ EVM Compatible ParaTime

– Swapping between ETH-based and Oasis-based tokens

GemKeeper

– The second successfully audited DEX to the Oasis Network

– The GemKeeper DEX supports standard AMM features that will allow users to swap tokens, enter liquidity pools, and create new liquidity pools in 100% permissionless manner.

Robocop | Satoshi Club

Thank you for the great intro ! Do you want to add anything before we go to part 1 with 6 question from our community ?

Jon Poole

Oasis is a great network for building applications that allow users to retain ownership of their own data, and to monetize it. Some great areas for this are things like browser cookie data and ultimately even banking and transactions data.

Tokenized data is currently used in the Parcel environment by a number of startups and enterprise companies looking to benefit from the ease of integration through the Parcel API. These companies include everything from fortune 100 companies to mid stage startups. We’ve seen the most use cases revolve around user and medical data protection.

We have a number of companies already developing such solutions on Parcel API and many upcoming in Cipher paratime. For example, Nebula genomics stores the DNA sequence data from their user’s saliva swaps, mints a token that gives access to the owner. Using the data token the user can then monetize their data.

We are also seeing a lot of interest in Cipher for privacy oriented DeFi apps, like MEV resistant DEXes and lending platforms that whitelist users based on real world identity.

Robocop | Satoshi Club

im also curious, how big are your team right now? its anon team?

Ekin ｜ Oasis Protocol Foundation

Thank you for the great question @GoldRocket27

So the development cycle is essentially the same as usual for Dapps as Oasis Emerald is EVM compliant. It’s possible to write in Solidity and use standard ecosystem tooling as dependencies for the Dapps.

Just as a ballpark we see Dapp development ranging from a couple of weeks to 3 months. Forking applications and just redoing the UIUX is usually something that takes a couple of weeks. More unique and complicated projects take normally a few months, but we have seen some that take up to 6 months too.

We are currently focusing heavily on building the Defi 2.0 ecosystem and applications, and the NFT + P2E gaming ecosystem. As we speak there are a lot of teams deploying their applications to the Network via the acceleration and hackathon programs. Aside of the ones being developed its already possible to use some of the many DEXes and lending protocols, and to collect some amazing NFT sets

In the future you can definitely expect to see a lot more P2E, NFT and Defi 2.0 projects. Also if you want to see some of the latest, please have a look at Rosart (https://rosart.io/), the first community built and accelerator supported NFT marketplace in the Oasis Network

Jon Poole

It’s truly amazing and it’s not just advancing computer science or Blockchain, it’s moving forward humanity in the direction of an open and fair data economy.  I recommend you check out our documentation to learn more! You can find everything on our website https://oasisprotocol.org/

Gold Rocket | Satoshi Club

you guys are ambitious

Gold Rocket | Satoshi Club

It’s still for the geeks, but will eventually become mass adoption.

Jon Poole

We are backed by some of the world most reputable and successful investors. Which should be a point worth noting for those of you looking to build on a platform with strong mentorship potential and accelerator programs.

https://oasis.devpost.com/

Our strongest advantage is our team. We have an awesome group of people all pulling together in bringing the next 1 billion people to the blockchain space. Tech-wise we are also very strong when it comes to performance, development experience and support.

At the core of the Oasis Foundation is an international team of experts hailing from across Europe, Asia and North America. The foundation’s technical team is led by a Technical Advisory Committee, whose core responsibility is to advise the Oasis Foundation and the ecosystem participants on the technical aspects of the Oasis Network.

The Oasis Network Founder Professor Dr. Dawn Song is the world foremost lead in differential privacy and the use of AI. She is a Professor at UC Berkeley and she implemented her life’s worth of research into pairing her breakthroughs with the use of TEE’s and the Oasis Networks Layer-1 Blockchain solution.

https://cointelegraph.com/top-people-in-crypto-and-blockchain-2022/dawn-song

You can also see some of our team on our website.  https://oasisprotocol.org/team

Gold Rocket | Satoshi Club

Wow! Really amazing dream team

Robocop | Satoshi Club

Perfect ! its like having a network complete all-in-one, Oasis Protocol amazing !

Jon Poole

I’m certainly doxxed

You have no idea! We’re incredibly ambitious and goal orientated and we know what we have with our product and ecosystem. It’s truly one-of-a-kind

Ekin ｜ Oasis Protocol Foundation

We’re definitely not anonymous  Our team is backed by the world’s foremost computer scientists as Jon just mentioned.

There is a about 70 people working at Oasis across Labs and Foundation now. We are also growing strongly, so I highly recommend to apply to our open positions (https://boards.greenhouse.io/oasisnetwork)

Robocop | Satoshi Club

Thank you for your answer

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Jon Poole

There’s something for everyone. You can dig in deep and learn about the cutting edge computer science methods for privacy such as MPC, Differential Privacy, Confidential Computation and the use of TEE’s.

You can also focus on the high level overview of what data-tokenization means and what data monetization can mean to the everyday person! It’s truly an impacting breakthrough that will one day matter to everyone.

Jon Poole

Thank you

Jon Poole

Have I mentioned we solved governance by splitting consensus and computation? A revolutionary breakthrough in how you design a block itself on a Blockchain network?  No big deal…

Robocop | Satoshi Club

That’s great

Jon Poole

Professor Dr. Dawn Song! The world foremost lead in AI and differential privacy! She teaches at UC Berkeley where they’re offering the worlds first Computer Science courses focuses on Privacy within Blockchain taught by Dawn herself!

Jon Poole

Yes, we’re ready!

Ekin ｜ Oasis Protocol Foundation

Thanks for all the questions @GoldRocket27 .Let’s goooo

Robocop | Satoshi Club

Q1 From Telegram User @thisistoyin

Following up on your latest developments,

Another amazing thing to talk about is the fact that you had your first lending protocol powered by OASIS NETWORK, which was the Fountain Protocol launch this month march 2022, can you please explain to us about the Vision behind these Launch? What problems does this Protocol Solves? And how would it serve to benefit users in your ecosystem? Although it was just recently launched, but could you please Rate its Performance so far? What are the Various ways to which users could earn in these new Launched Protocol?

Jon Poole

Fountain Protocol is the first cross-chain lending platform powered by Oasis Network. This protocol enables users to experience high capital efficiency. We can say that Fountain Protocol is a one-stop management of DeFi assets. They made the security their highest priority, and the team is laser-focused on building a protocol that is reliable and safe. Fountain Protocol smart contracts were audited by PeckShield and Verilog. In addition to this, there are various ways to earn through Fountain Protocol, such as the Liquidity Mining Program for suppliers and borrowers when participating in the Lending Pool on Oasis network. A total of 4,000,000,000 FTP (40% of total supply) tokens over the span of 4 years will be allocated across asset markets as liquidity incentives. Fountain Protocol will establish a multi-revenue protocol with a fund pool as the core and multiple application scenarios, including the following: expansion to other chains, leverage trading, cross-chain lending.

You can read more about it here: Fountain Protocol.  You can also participate in Fountain and earn rewards here: https://ftp.cash/home

Gold Rocket | Satoshi Club

Thanks for your great answers

Robocop | Satoshi Club

Don’t miss this chance Satoshi Clubber ! you can get reward by participate at https://ftp.cash/home

Robocop | Satoshi Club

Thank you for the detail answer, do you want to add something before we go to question 2?

Ekin ｜ Oasis Protocol Foundation

I think its all good

Robocop | Satoshi Club

Q2 From Telegram User @NKUDM

I learnt that Oasis have it’s own swapping services called the YUZUSWAP built by community developers that allows users to participate in liquidity pools, swap, trade and earn rewards with high APY. Can you elaborate more on this Oasis swapping services(YUZUSWAP) What exciting features does it provide compare to other swapping services we know? Does it allow users to exchange crypto while retaining total ownership of the user? What is the minimum exchange fee your YUZUSWAP charges it’s users? How can we trade and earn APY using yuzuswap?

Ekin ｜ Oasis Protocol Foundation

Thanks for the great question @Pratze

YuzuSwap (https://yuzu-swap.com/) is the first Decentralized Exchange (DEX) built on Emerald, Oasis’ EVM Compatible ParaTime.

YuzuSwap works to actively support price health by taking a 0.3% transaction fee on all transactions. 80% of this fee will go to a Smart Contract, which will support and buffer large price fluctuations by buying YUZU if the price falls below the 72-hour average. This helps maintain a healthy and stable token price that benefits traders, investors, and liquidity providers.

The final 20% of transaction fees will go to a DAO governance vault governed by YUZU token holders. Decisions around what the vault is used for will be made through an on-chain voting system and could include things like incentivization of developers, new community programs, or co-investing in other Oasis Network projects.

The Oasis Network is very excited to support the YuzuSwap Launch and finally, bring DeFi features to the community.

You can read more information about YuzuSwap here (https://medium.com/oasis-protocol-project/defi-is-coming-to-oasis-introducing-yuzuswap-the-1st-decentralized-exchange-on-oasis-the-50k-68193e63f31f)!

Taking advantage of the low gas fees, high throughput, and instant finality of Emerald, it includes all the features of a DEX that the DeFi community have come to expect:

-Swapping between ETH-based and Oasis-based tokens

-Liquidity pools and pairs

-Earning YUZU for providing liquidity to pools

-A voting system for governance of the funds collected with 20% of the transactions fees

Gold Rocket | Satoshi Club

How safe is this all? Have you performed any audits or checks?

Robocop | Satoshi Club

So you also mention about GemKeeper DEX from Oasis Network, is this feature already online, can you please give link to access Gemkeeper?

Jon Poole

GemKeeper DEX supports standard AMM features that will allow users to swap tokens, enter liquidity pools, and create new liquidity pools in 100% permissionless manner. GemKeeper will also enable users to farm GemKeeper’s governance token, BLING, by staking their GemKeeper Liquidity Pool (GLP) tokens in the Gem Mine.

By incentivizing a wide range of bridged tokens, GemKeeper enables the most popular crypto-assets across all of the top Layer 1 blockchains to come to Oasis and start earning yield. As more DeFi primitives such as lending, yield aggregators and others come to the Emerald ecosystem, this interoperability will become vital to the continued growth and success of Oasis’ Emerald Paratime. Participate and start earning with Gemkeeper here:

https://app.gemkeeper.finance/#/swap

Ekin ｜ Oasis Protocol Foundation

Yes Yuzuswap is definitely audited! The audit was done by PeckShield and the report is publicly available here:

https://app.yuzu-swap.com/PeckShield-Audit-Report-YuzuSwap-v1.0_final.pdf

Robocop | Satoshi Club

Thank you for all the great answer

Gold Rocket | Satoshi Club

Thanks for your clarification and great answers

Robocop | Satoshi Club

Let’s continue to question number 3?

Ekin ｜ Oasis Protocol Foundation

Sounds good! Let’s go

Robocop | Satoshi Club

Q3 From Telegram User @Jmagsss

Oasis Network utilizes two components, the Consensus Layer and the ParaTime Layer. We all know that every network and blockchain requires a consensus layer/mechanism for it to run, however, this will be the first time I’ll be hearing a network using a ParaTime Layer. Would you be please familiarize us with your ParaTime Layer? Can you discuss with us how it works and how it made Oasis Network run efficiently? What makes your ParaTime Layer unique and different from other network’s technology layers?

Jon Poole

I absolutely love talking about this as it’s truly something to take note of.

The ParaTime Layer hosts many parallel runtimes (ParaTimes), each representing a replicated compute environment with shared state. Separation of consensus and execution allows multiple ParaTimes to process transactions in parallel, meaning complex workloads processed on one ParaTime won’t slow down faster, simpler transactions on another. The ParaTime Layer is entirely decentralized, allowing anyone to develop and build their own ParaTime. Each ParaTime can be developed in isolation to meet the needs of a specific application, such as confidential compute, open or closed committees, and more. The network’s sophisticated discrepancy detection makes Oasis more efficient than sharding and parachains — requiring a smaller replication factor for the same level of security.

Designed to support the next generation of blockchain applications, the Oasis Network is incredibly versatile, agile, and customizable. Namely, each ParaTime can be developed in isolation to meet the needs of a specific application. ParaTimes committees can be made large or small, open or closed, allowing for faster or more secure execution depending on the requirements of a particular use case. Nodes can be required to have specific hardware, such as Secure Enclaves in a confidential ParaTime. Each ParaTime can similarly run different Runtime VMs (ParaTime Engines) such as EVM backwards compatible engine, Rust based smart contract language, or a Data tokenization engine. Finally to support enterprise and developer use cases, ParaTimes can be made Permissioned or Permissionless — allowing consortiums to have their own closed ParaTime, or communities to have full decentralized open ParaTimes.

The versatility of the ParaTime Layer allows the Oasis Network to expand and grow to address a broad set of new and exciting use cases, while still maintaining the same core ledger and consensus layer.

Robocop | Satoshi Club

Oasis Protocol really unique & innovative ! im really excited what new update that

you will bring in the near future, can you please share the roadmap from Orion Protocol?

Jon Poole

Spell check! Add Oasis Protocol Foundation to your added words

Ekin ｜ Oasis Protocol Foundation

What’s this Orion protocol I’m hearing about?

Jon Poole

hehe that’s too funny

Robocop | Satoshi Club

ah sorry about that’

Gold Rocket | Satoshi Club

thanks a lot for the explanations

So… What about Oasis Protocol Foundation roadmap

Jon Poole

A picture is worth a thousand words

Robocop | Satoshi Club

Thank you for sharing this

Jon Poole

Thank you, for asking.

Gold Rocket | Satoshi Club

Great infographic

Thanks for sharing

Robocop | Satoshi Club

Are you ready to proceed to question number 4?

Jon Poole

Yes, let’s proceed

Robocop | Satoshi Club

Q4 from Telegram User @UniqueVicky

Oasis emerald aims to solve the typical issues of DeFi 1.0 by developing DeFi 2.0 and also aim to introduce GameFi and P2E gaming DApp into Oasis and as such are looking for capable, brightest and boldest developers to build DeFi 2.0 and P2E gaming DApp. As many developers are waiting for this opportunity, can you please tell us the requirements they must meet or possibly credentials needed to apply for this position? Where and how can interested ones apply? How may developers are you looking for at the moment? Is there any geographical restrictions to who may apply? Also tell us what typical issues of DeFi 1.0 will your DeFi 2.0 solve? Also tell us the kinds of P2E games you aim to introduce into Oasis and how players earn while playing these games?

Ekin ｜ Oasis Protocol Foundation

Thanks for the question @Pratze

There are many ways for developers to build on Oasis Network, and bring fourth the wave of DeFi 2.0

Our current hackathon, The Oasis Bloom Hackathon, will   raise brand awareness of Oasis within the developer community and yield some great dApps for our ecosystem. This hackathon facilitates the next generation of DApps for web3 & beyond in areas such as DeFi and P2E Gaming. It wouldn’t have been possible without the support of our sponsors, Jump, NGC, Newman, Hashed and Dragonfly. The winning teams will also have access to potential investments and mentorship opportunities provided by the sponsors, especially for the winning teams. You can learn more about it here: https://oasis.devpost.com/ .  If you are interested in applying, you can do so here: https://bit.ly/3MDr3h3

Another great opportunity for developers is the $500,000 DappRadar x Oasis Accelerator. The program’s mission is to find ambitious teams and support them in building on the Oasis Network. Key areas of interest are DeFi, P2E gaming, and privacy solutions. During the program, the teams will be offered support to ensure successful integration, community engagement, and fundraising. The 10 selected teams will get a grant of up to $50K in ROSE each. Learn more about it here: https://oasisprotocol.org/accelerators.

We also have a grants program. The ROSE Bloom Grants Program will help you kickstart the development of your projects in a range of key focus areas and support DeFi, NFT, P2E Gaming, Metaverse, Data DAO, data tokenization and privacy DApss. Each proposal is eligible to receive up to $50,000 USD in ROSE tokens. Currently, the ROSE Bloom Grants program offers grants for the following development environments: Oasis Emerald, the EVM Compatible ParaTime  and Oasis Labs’ Parcel SDK. Find out more about it here: https://oasisprotocol.org/grant-programs.

As for games on DeFi, gambling will be for sure something people put their attention towards… Imagine every time you went to the Casino, every single bet you made was on a public ledger with no privacy. What’s the solution right now without privacy? Centralized gambling is the solution and we all know what’s been happening with Centralized entities, they always have a “hack”. Oasis provides the solution with privacy and decentralization, we can have the world’s first privacy preserving, fully decentralized Casino. Does anyone remember the Full Tilt Poker cheating scandal where an employee built a back door and could see the whole table’s cards in real time? I’ve always wanted to build No-Limit Texas Holdem Poker on Oasis.

The DeFi system is going to get an overhaul when we unleash privacy on it, plain and simple. How can you take advantage of DeFi when you have no privacy. You’re not going to apply for a mortgage or even collateralize an asset if there’s no privacy (your address is on it). Further to this, you’re never going to get regulation from a Government if you can’t provide auditable systems, again, where running data queries on privacy preserving data comes in!

Robocop | Satoshi Club

I love casino  i hope that Oasis Network will have Casino game project sometime in the future

Gold Rocket | Satoshi Club

incredible opportunities

Jon Poole

Gambling is something I’m definitely going to ensure happens on our network.

Robocop | Satoshi Club

Thank you for the great answer, are you ready for the next question?

Ekin ｜ Oasis Protocol Foundation

Let’s goooooo

Jon Poole

Ready!

Robocop | Satoshi Club

Q5 from Telegram User @Billz120

Oasis Foundation I understand supports two (2) forst-party non-custodial wallets,a web wallet named Oasis Wallet-Web and a browser extension Wallet named Oasis Wallet- Browser Extension and both I learnt seamlessly connect to the Oasis Network and makes it easy to hold, send, and receive ROSE Tokens. Could you please tell us the distinction between the Oasis Wallet-Web- and Oasis Wallet-Brower Extension? Could you please explain to us the NEXUS, relationship between ROSE And Oasis Foundation?

Jon Poole

We have two officially supported Oasis wallets:

Oasis Wallet – Web can be found at https://wallet.oasisprotocol.org.

Oasis Wallet – Browser Extension is a Chrome browser extension that implements a wallet for the Oasis network. Only the extension can interact with DApps

For more information and other options see our documentation at https://docs.oasis.dev/general/manage-tokens/oasis-wallets.

Oasis Foundation maintains a reference implementation of the software used in the network that manages the rose token.

The $ROSE name selection was actually thought in detail.

A large part of the inspiration behind our name comes from what an Oasis represents. We are the Oasis of privacy in the privacy desert that’s the current web. You could also take some James Halliday references to Ready Player One with the metaverse they build and live in being called the “Oasis”, but that’s more of a coincidence and might come up later on during some puzzle campaigns I’m working on. 

What’s even more exciting, is the $ROSE name selection which was actually thought out in incredible detail.

ROSE: A Symbol of Privacy

We wanted the token to stand as a representation for the network and Roses fit very well with this imagery. Historically they have often represented “secrecy”. Dating back to Ancient Greece, the Rose was seen as a symbol for secrets or privacy, used by Aphrodite as a gift in exchange for keeping the secrets of Gods.

In Ancient Rome this symbolism continued and the phrase “sub rosa” or “under the rose” was to mean “done in secret” or “under a pledge of secrecy”. This phrase and the symbol of Roses as secrecy extended throughout history with the British Tudors era where state secrets were decided in a room with a large rose hanging from the ceiling.

This fits well with our vision for the Oasis Network, which seeks to power the next generation of blockchain use cases through its unique capacity to support confidential computing and private data on the ledger.

You can read more about it in here: https://medium.com/oasis-protocol-project/introducing-rose-the-oasis-network-token-cee031b5a532

Robocop | Satoshi Club

Thank you for the detail answer, so lets continue to last question from part 1, are you ready ?

Jon Poole

We are ready!

Ekin ｜ Oasis Protocol Foundation

Sounds great!

Robocop | Satoshi Club

Q6 from Telegram User @Cheriemike

The Oasis Network designed Cipher, the first-ever confidential ParaTime with support for confidential smart contracts. In a confidential ParaTime, nodes are required to use a type of secure computing technology called a TEE “Trusted Execution Environment”and this TEEs act as a hypothetical black box for smart contract execution in a confidential ParaTime.So can you tell us why is a “Trusted Execution Environment”more trustworthy?So if the TEE boot or service signature checks fails,what will the node do in such case?Recognizing the fact that not all devices host the same “Trusted Execution Environment” ,can you specify which technology a nodes can use that can give them the overall architecture expected of a TEE and the standard to help them if they wish to remotely manage a TEE?Aside from TEE,what other computer technology can a node use?Please explain Thanks

Ekin ｜ Oasis Protocol Foundation

Currently we only support Intel SGX as the TEE. The node must provide valid Remote Attestation evidence in order to be able to participate in the confidential ParaTime committee. If any checks fail, the node is not able to participate.

TEE’s are quite a lengthy topic to explain so I would recommend everyone here to check out The Index’ recent podcast where Jon explains this in detail. It’s a great one!

https://www.podpage.com/the-index-podcast/web3-revolution-and-the-future-of-data-ownership-with-jon-poole/

Robocop | Satoshi Club

Awesome! thank you! article is always a good source of info

Gold Rocket | Satoshi Club

it’s good that Jon made this podcast and took care of it

Robocop | Satoshi Club

Thank you for the detail answer! it has been an amazing time in this first part of the AMA

Gold Rocket | Satoshi Club

Thanks guys for your great first part of AMA

Robocop | Satoshi Club

Now is time to proceed with the second part, the live segment part 2, are you ready for the storm of question?

Jon Poole

Thank you!

Jon Poole

Let’s see what this community can throw at us.

Ekin ｜ Oasis Protocol Foundation

Excited for this one!

Jon Poole

I’m Canadian

Robocop | Satoshi Club

before we open, can you please share the important link and social media from Oasis Protocol?

Gold Rocket | Satoshi Club

I’m Ukrainian🇺🇦

Jon Poole

Oh yes, this is very important!

Linktree: https://linktr.ee/oasisprotocol

Robocop | Satoshi Club

Chat will be open in 5

Part 2 — live questions from the Telegram community

Q1 from Telegram user @meml97

    It caught my attention that Oasis Protocol has this incredible initiative called “Oasis Fundation University Program”, where users can get training, become University Ambassadors and more things. Can you tell us more about this amazing University Program? What do people have to do if they want to be part of this Program? Most importantly, what kind of benefits will you offer to those students who are part of it? Will this Oasis Fundation University Program help them with important things such as paying some student loans? Will this University Program be available worldwide or just on a few countries and Universities?

Jon Poole

Oasis has the largest University Program in all of Blockchain and is connected with more Universities than any other project around the world. We believe in the future of our ecosystem and back it by promoting some of the largest and most rewarding Grants in Blockchain. We offer mentorship programs and our team will be affiliated with University of California, Berkeley’s upcoming Computer Science program offering first of it’s kind courses to it’s students. Proving not only are we inline with the future of Blockchain but that we are pioneers in it.

The benefits include training options, such as educational sessions with all those in your group interested in emerging technologies such as secure computing, decentralized networks, and machine learning as well as speaking engagements or webinars for those interested in running a node at your institution, access to hackathons, as well as the opportunity to contribute to the network and get rewarded for it through the ambassador program.

You can learn more about it here: https://oasisprotocol.org/university-program

We have an amazing ambassador program and a wonderful ambassador team. If you’d like to get involved and help us grow our ecosystem in any number of ways, please, check it out!

Learn more about it here: https://oasisprotocol.org/ambassador-program

Q2 from Telegram user @roja169

Looking at the “delegation & staking feature”, I understand that I can delegate my $ROSE tokens to a network Validator and start earning a slice of the Validator’s staking rewards. Here comes my question; What is the minimum and maximum number of rose tokens that can be delegated?. You mentioned that there are 110 active validators. So I am eager to know; what factors should I consider in deciding which Validator I should delegate my tokens to?. How can I get information about each of the network Validator?..What is the percentage of staking rewards that a user gets? Furthermore, talking about the ” Validators”; Will the consensus voting power of a validator be proportional to it’s stake?

Ekin ｜ Oasis Protocol Foundation

100 $ROSE is the minimum required to stake. The network is targeted to reward stakers with rewards of between 2.0% to 20.0% depending on the length of time staked to provide staking services on the network. In order to be eligible for staking rewards per epoch, a node would need to sign at least 75% of blocks in that epoch.

https://docs.oasis.dev/general/manage-tokens/staking-and-delegating/

Concerning validators, you can find information about each of one here: (https://www.oasisscan.com/validators)

The current voting power mechanism is stake-weighted. This means that the consensus voting power of a validator is proportional to its stake. In this model, the network will require signatures by validators representing +2/3 of the total stake of the committee to sign a block. Note that in Tendermint, a validator’s opportunities to propose a block in the round-robin block proposer order are also proportional to its voting power.

Q3 from Telegram user @surendra040

Oasis Bloom Hackathon is of 200000$ prize pools. How did you raise the funds with such a large reward? what expectation do you have from this hackathon and what are the criteria to participate on it and we can grab more reward ??

Jon Poole

We have incredible sponsors who were willing to not only supply an industry leading $50,000 for our top Prizes equaling a total of $200,000, but, they’re also mentoring our winners to ensure the success of DApps built in our ecosystem (Jump, NGC, Newman, Hashed, Dragonfly)!

We’ve set realistic expectations and have focused on DeFi 2.0 and P2E gaming. We’re hoping to raise brand awareness for Oasis within the developer community, Grow the Oasis DApp ecosystem and Increase TVL.

https://oasis.devpost.com and link the application form – https://bit.ly/3MDr3h3

Q4 from Telegram user @cryptorocks_12

OASIS FOUNDATION and METAMIND has Colloborated To provide an ACCLERATOR PROGRAM, Will You Please Tell me More About This Program and What Makes it better From Other Accelerator Program ?

Ekin ｜ Oasis Protocol Foundation

The Metaminds x Oasis Accelerator (https://oasisaccelerate.com/) program is one of the most comprehensive and exciting initiatives in the Oasis Network. The projects accepted to the program get a grant of $20k and have the opportunity to participate in a loosely structured program consisting of workshops and mentoring by some of the leading industry experts.

The teams in the cohort get direct access to our team and to our partners allowing them to access resources that only a few other projects have. This direct communication with the Oasis Foundation and our key partners is definitely one of the factors that makes the program stand out from any other accelerator program out there.

The other thing is the structured program that covers topics from technical development workshops, legal and marketing to business development gives the teams a real edge when they are building their actual business and technology aside from just the first minimum viable product. Serious and dedicated teams find this approach extremely helpful in our experience.

Finally, to highlight the investment opportunity that the accelerator program presents. In the demo day the projects get to present directly to our ecosystem fund and partners. Successfully closing the seed round is once in a lifetime opportunity and a real chance to stand out from other projects.

The applications to the Metaminds accelerator are already closed, but we have a similar structure in the Dappradar accelerator. We highly encourage any developers to apply and make your dream a true!

https://oasisprotocol.org/dappradar-accelerator

Q5 from Telegram user @Mdbiplobvaioo

Do you have oasis# Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?

Jon Poole

We are well past any type of sale, we are live on mainnet since Nov 18, 2020 which you can see on coinmarketcap.com, however, I can’t resist a good whitepaper pump.

You’re going to have an amazing time reading ours, we have the worlds foremost lead on Privacy within Data, AI and differential Privacy, our Founder Professor Dr. Dawn Song.

Main Papers: https://oasisprotocol.org/papers
https://arxiv.org/abs/1804.05141
This paper is world famous

We even wrote a new white paper (https://medium.com/oasis-protocol-project/secure-data-tokenization-7b730357b03e)!

Blockchain 3.0: https://docsend.com/view/isrhqk352adykdpz

Q6 from Telegram user @BrayantGonzalez

Really the feature that matters most to Oasis Network is having great privacy? If so, could you tell us why you give so much importance to these features, when the vast majority of DeFi networks are completely transparent and against privacy?

Jon Poole

DeFi and privacy can co-exist and makes for a powerful ecosystem. For example, there are aspects of DeFi such as decentralized KYC, computing credit scores for lending, risk scores using highly sensitive personal data, for which privacy is key. Combining privacy-preserving technologies with the openness of DeFi ecosystems unlocks the full potential of DeFi.

Oasis was built for privacy from the ground up. The separation of consensus from execution and the ability to run either confidential (like our Cipher ParaTime) or non-confidential ParaTimes (like our Emerald Ethereum compatible ParaTime) is exceedingly powerful as we can bridge from confidential ParaTimes, that tackle aspects around privacy in DeFi, with the open aspects of DeFi on the Ethereum network. The verification step that interfaces runtimes with consensus ensures that the computing even in confidential runtimes can be verified before committing to consensus.

Q7 from Telegram user @JaviSuBs

The protocols and the cryptographic ecosystem suffer attacks by hackers every year who find vulnerable contracts and with security flaws? Can you explain how you handle security in Oasis Protocol? How secure will our data and assets be on your platform and how do you manage the security of your smart contract? is audited and certified, which team certified it? If you are audited, can you share with the community the audit documents and the official address of the contract so as not to fall for scams?

Jon Poole

To start, let’s first explore the overall architecture to highlight how confidentiality is being protected in the Oasis network architecture. On a high level, the Oasis network introduces a notion of ParaTimes which are their own blockchains sharing security with the consensus layer. The consensus layer itself is not confidential and does not support user-uploadable smart contracts. Its core function is to manage everything that is needed to support ParaTimes.

Each ParaTime can implement its own logic (e.g., can define how transactions look like, what is stored in storage, etc.), but we provide a common SDK that defines common formats and makes interoperability much easier. A ParaTime can support smart contracts (currently the SDK has modules for WASM and EVM smart contracts) and can be either non-confidential or confidential, when paired with a key management committee.

Getting confidentiality right is hard. Currently confidentiality guarantees are based on Intel SGX enclaves and remote attestation. Our architecture separates concerns by having separate minimal enclaves (the key management enclaves) in charge of the encryption keys and confidential ParaTime enclaves only query those key management enclaves when needed (secured through mutual remote attestation) to avoid keeping any keys for longer than needed.

Each confidential ParaTime built using our SDK runs in an Intel SGX enclave and communicates with the outside world (e.g. the Oasis Core node and the consensus layer) through a minimal protocol. The enclave will independently verify consensus (and by extension also ParaTime) state integrity by use of a light client and will then proceed to process transactions. Transactions may be end-to-end encrypted using an X25519-Deoxys-II-based scheme so only the ParaTime running inside an enclave can read them (the key manager enclave will only derive secrets when the ParaTime can pass mutual attestation). To ensure state integrity a Merkelized authenticated data structure is used where the enclave independently verifies storage proofs. State encryption uses Deoxys-II MRAE encryption scheme to ensure confidentiality.

The WASM-based smart contract module provides an ABI that enables developers to define what state should be kept confidential and what should be public. Of course writing confidential smart contracts is harder as one needs to be very mindful of various side channels. We may provide side-channel hardening mechanisms on top of encrypted storage (with various degrees of performance tradeoffs).

One thing to also note is that the Oasis network architecture is also built with extensibility in mind. In the future it can relatively easily support new trusted execution environments.

Q8 from Telegram user @kosku21

Regarding the Oasis ambassador program, can you explain to me what type of users this program is aimed at, the types of knowledge we must have and about the rewards, is there a DAO-style page for these tasks?

Jon Poole

We do have a global team of ambassadors who I’ve worked with personally for the past two+ years, which has grown to over 500+ members including our China team, making local outreach easier than ever. We recently broke the 500 global ambassador milestone with many of our members in regions poised to explode with community support. We are highly underrated when it comes to our global presence and we are looking to change this in the upcoming quarters in a dramatic way.

Our approach is that we attract high quality Ambassadors from communities just like this one. We grow and empower our Ambassadors to use the skills they have from their existing careers and interests. We have community content generation bounties, community engagement bounties, marketing bounties, BD bounties, and soon to launch our Ecosystem Ambassador Bounty Program.

Our Ambassador program is an onramp into the industry and we’ve proudly helped many of our Ambassadors secure jobs within the industry!

If you are interested in our ambassador program, you can learn more about it here: https://oasisprotocol.org/ambassador-program

Q9 from Telegram user @highpee

You said that your “distributed consensus-computation layer architecture allows for better HORIZONTAL SCALABILITY while retaining VERTICAL SCALABILITY”. Can you explain in less technical term what horizontal and vertical scalability involves? How does it make OASIS blockchain a destination of choice when it comes to privacy-oriented blockchain services?

Ekin ｜ Oasis Protocol Foundation

Let’s deep dive into how the Oasis Network is able to compute transactions in parallel. By checking if transactions conflict with each other, the Oasis network is able to group transactions into batches in such a way that changing the compute order of said batches won’t change the outcome. This allows each batch to be processed in parallel across multiple compute committees while preserving transactional semantics.

Oasis has come up with a new approach to scalability. Pending transactions are grouped and dispatched for execution to different groups of compute nodes. By having multiple groups of compute nodes executing different groups of transactions in parallel, horizontal scaling is achieved.

Regarding vertical scaling, our transaction throughput is high per paratime, approximately 1000 tx/s which is the result of our new and improved block and message propagation architectures, in addition to a short 6s block time. Practically, this means that even the most demanding applications will have all the bandwidth to process their transactions in each of the paratimes.

So just to summarize, horizontally we can have a number of different computational environments (which you can just think of as blockchains) running simultaneously, while each blockchain having a large throughput. Thus achieving horizontal and vertical scalability

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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

Our partners:
Telegram –https://t.me/oasisprotocolcommunity
Medium –https://medium.com/oasis-protocol-project
WebSite –   oasisprotocol.org
Twitter-https://twitter.com/oasisprotocol?lang=en

We are pleased to announce our next AMA on April 1st, 2022 at 01:00 PM UTC Time: Satoshi Club x The Tiger Clan

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join The Tiger Clan Discord channel

We will have the following structure:

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

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

Part 3: 300$ – A quiz about The Tiger Clan

For more details:
The Tiger Clan Website – thetigerclan.com
The Tiger Clan Discord – @TheTigerClan
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 Libcoin and our guest was . The AMA took place on the 29th of March

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 Libcoin!  Welcome to Satoshi Club

Jonah 🏅🎹 | Satoshi Club

Let’s welcome our guests @shuaigerr and @richieryan

Hello welcome to Satoshi club

Richard Ryan

Hello Everyone

Am Richard from Libcoin

Mary | Satoshi Club

Hello, Richard! Welcome to Satoshi Club

How are you today?

Richard Ryan

@shuaigerr will join us in a couple of Minutes

Am doing great and am glad to be here today

Jonah 🏅🎹 | Satoshi Club

We are Glad to have you here and looking forward to @shuaigerr joining us as well

Mary | Satoshi Club

We are excited as well  and let’s start

Richard, could you please introduce yourself and tell us more about Libcoin?

Richard Ryan

Vincent  the the project manager / COO at Libcoin.

I am Libcoins community Manager and I have been in the blockchain space for 3 years now

Richard Ryan

Libcoin is supercharging crypto by plugging in the first tokenized gigafactory. The coin democratizes access to a new class of investors to participate in top-tier green energy investments.

Mary | Satoshi Club

Important position!

When did you start to develop your project? How young is it?

Richard Ryan

The Libcoin is a governance and reward token backed by a portfolio of investments into world-class battery technology.

The mission of the Libcoin team is to both accelerate the transition into clean energy while democratizing the community and financial opportunity through a novel crypto asset.

Jonah 🏅🎹 | Satoshi Club

Impressive

Mary | Satoshi Club

Could you tell us about people who are working on the project as well? How big is Libcoin team?

Richard Ryan

we have a senior team of energy and finance executives who have fallen down the crypto rabbit hole

Jonah 🏅🎹 | Satoshi Club

Are they anonymous?

Richard Ryan

The Libcoin team is composed of high-level executives with significant experience in the investment and manufacturing industry. It includes members of the Duggal Family Trust (DFT), a private investment trust that manages a wide range of investments, including battery storage manufacturing.

Mary | Satoshi Club

Wow! You have really professional team!

Richard Ryan

DFT is partnered with Melbourne-based Avass. Avass brings to the table their experience as world-leading lithium-ion battery producers and EV manufacturers.

Richard Ryan

Our team are doxed

Jonah 🏅🎹 | Satoshi Club

 Awesome

Mary | Satoshi Club

We will check for sure!

Richard Ryan

Check out their website, they hold the Guinness world record for EV bus with the longest range so you know they’re first-class

Another one to call out is the Duggal Family Trust.

The DFT Group is a big group of Companies and is active in Australia, Singapore, India, New Zealand, China and Indonesia but with activities all over the world in other countries such as Hong Kong, Macau, Mauritius, Peru, Turkey, Nigeria, Russia, South Africa, the UK and the US.

Mary | Satoshi Club

And thank you for your intro! It was great! We choose 6 questions for the first part of our AMA! Are you ready for them?

Mary | Satoshi Club

Richard Ryan:

This plan has already been directly endorsed by the government of India and BHEL -> see more information on the original press release here from the Ministry of External Affairs https://indbiz.gov.in/bhel-libcoin-to-build-indias-first-li-ion-gigafactory/

You can see the plans have been 2 years in the making so it’s super exciting to finally have this project gearing up for launch.

This project will be funded easily by eager institutional and corporate investors. In fact, 75% has already been funded. Work will start in 2022 to actually build the factory. But part of the mission of Libcoin is to use new innovative methods of financing that will allow Indian and world citizens to be a direct stakeholders in the green energy transition.

Richard Ryan

before we proceed

Sorry was having some tech difficulties. But i manage to upload a high lever version of the next few quarters.

The key milestones will be the token launch jointly with a big media campaign. We want to do an exchange listing in Q1! We have already sold $2+m in private sales those are ongoing. more details on the token launch in the deck and white paper.

Richard Ryan

In phase 1 there will be a governance and reward component. We will not be fully decentralized but our goal is to become more and more decentralized over time.

This will mean that Libcoin holders who stake will get extra benefits that include voting on the future of libcoin.. and even rewards from our partners. They will be good as we have an amazing partner network, and as said early movers will be rewarded!

Holding Libcoin means you own part of the Gigafactory and the Libcoin ecosystem. As they represent real-world assets there will be a return that is returned to Libcoin holders through a token burn.

Any future fundraising for additional projects will only be done through a governance procedure.

Mary | Satoshi Club

Wow! Holders will be rich i can suppose

Richard Ryan

This is one strategy to keep Libcoin holders engaged, you decide how the ecosystem is powered and plans future projects.

Imagine each Libcoin holder getting MORE libcoin for a new raise (just by staking) — it’s all possible. And Libcoin has an ambitious pipeline to meet the demands for renewable energy in the next 10 years… so this Giga factory is likely only the beginning.

Mary | Satoshi Club

Richard Ryan:

our president is George Gregor, who used to be VP at a major investment bank – but now is leading Libcoin. read more about him here.

https://medium.com/@libcoin_token/meet-george-h-gregor-libcoins-new-executive-president-a9e021e05793

Jonah 🏅🎹 | Satoshi Club

Great Target

Richard Ryan

@madamlobster  Vincent is currently travelling and having connection problem but he is in the group now seeing the answers

Jonah 🏅🎹 | Satoshi Club

Awesome, Thank you for the introduction

Mary | Satoshi Club

Np, he can join when he will be available

Mary | Satoshi Club

Richard Ryan:

We have a long list of partners, please check out our website! libcoin.net

But let’s call out a few.

Our battery technology partner is Avass

https://www.avass.com.au/

it’s an Australian company and they’re committed to establishing world-class, mass manufacturing facilities with aims to be one of the most powerful and respected Electric Vehicle Brands across the globe.

Avass has already proven its technology on the ground: commercial buses are already running with more than 800km range on a single charge and the car prototype R800 is already produced with a ground-breaking technology of producing 1160km within a single charge.

Richard Ryan

Hi there @shuaigerr

Jonah 🏅🎹 | Satoshi Club

While we anticipate his settling down to join us, can we proceed to community questions?

Richard Ryan

Before we proceed

So @shuaigerr has been busy attending conferences to promote Libcoin that is why he is with us right now watching the AMA. But for sure guys, we would love to see you on our telegram community https://t.me/libcoin_official

You know, it’s tough when you’re travelling to get a stable connection!

Yeah it is.

Richard Ryan

@Jonahapagu I can’t seem to be able to paste links here

Mary | Satoshi Club

Richard Ryan:

Social Media Platforms

Website: https://www.libcoin.net/

Telegram: https://t.me/libcoin_official

Twitter: https://twitter.com/Libcoin_token

Medium: https://medium.com/@libcoin_token

Instagram: https://instagram.com/libcoin_token

LinkedIn: https://www.linkedin.com/company/libcoin-token/?viewAsMember=true

Facebook: https://www.facebook.com/libcointoken

Jonah 🏅🎹 | Satoshi Club

Sorry about this, our bot is faulty

Mary | Satoshi Club

Richard Ryan:

Public Sale is Live

We are super excited to announce that Libcoin Token – $LIB’s public sale is now LIVE

Wanna get your yourself whitelisted?

 Visit the link below

http://www.libcoin.net/buy-tokens/

Spread the word: https://twitter.com/Libcoin_Token/status/1504006660364271624

—————————————————-

Sneak Peak: The LIB token applies state-of-the-art token design and offers a range of functionality and utility to token holders.

 Social Media

| Medium | Telegram | Announcements | Twitter | Website |

| Instagram | LinkedIn | Facebook |

Richard Ryan

20% Discount on $LIB

This is not a drill, we repeat this is not a drill

Get an exclusive 20% discount on $LIB for 24 hours

 When: 7th April

 Where: On @BitMartExchange

More details will be shared soon.

Stay tuned

#Libcoin #BitMart #IEO #CryptoNews #CryptoIndia #GreenEnergy

Spread the word: https://twitter.com/Libcoin_Token/status/1505949886520430598?t=k5qDKlnV8R1MHlGgY4VgRQ&s=19

—————————————————-

 Sneak Peak: The LIB token applies state-of-the-art token design and offers a range of functionality and utility to token holders.

 Social Media

| Medium (https://medium.com/@libcoin_token) |

Telegram (https://t.me/libcoin_official) |

Announcements (https://t.me/libcoinnews) |

Twitter (https://twitter.com/LibcoinT?t=5Gv-eyEe3h6NEUK401qL_w&s=09) | Website (https://www.libcoin.net/) |

Instagram (https://instagram.com/libcoin_token?utm_medium=copy_link) |

LinkedIn (https://www.linkedin.com/company/libcoin-token/?viewAsMember=true) |

Facebook (https://www.facebook.com/libcointoken) |

Richard Ryan

20% Discount on $Lib

Mary | Satoshi Club

We are working on this issue, sorry for this

Nice discount

Richard Ryan

Let’s proceed to the telegram part!

Jonah 🏅🎹 | Satoshi Club

Here comes our first question

Jonah 🏅🎹 | Satoshi Club

Q1 from Telegram user   @UncleStrange1

Gigafactory Nevada owned by Tesla and Panasonic is still only about 30% of the planned overall size and it recently produced it’s one millionth battery pack. They use the Lithium Ion packages. You aim to start a Gigafactory of Lithium-Ion batteries built in a consortium with relevant partners. Do you think your project can compete and replace Tesla’s batteries in the future? What are the unique features you plan to integrate to make this project the best? Would you consider partnering with other big battery companies in the future? Can you tell us more about your relevant partners?

You can try posting links now

Richard Ryan

The IEO will will start with a 24 hour ‘Launchpad’ period 10:00 AM EST 4/07/2022 where a group of privileged accounts will have the opportunity to buy a limited amount of LIB at a discounted USDT rate

Richard Ryan

Yes and our team are industry veterans and our partners know how to do this 

We have a list of our official partnerships on our website libcoin.net

Mary | Satoshi Club

That’s awesome! Lucky guys

Richard Ryan

Really lucky

Avass is official, we use several auditors (we also have worked with Deloitte for instance), but we are committed to using a top-tier auditing firm for this size of project. We will use the technology from our partner Avass https://www.avass.com.au/ They’re one of the most advanced battery manufacturers in the world they are our battery technology partner.

Competitor wise, we are not worried because this market is moving so fast and Tesla has not entered India yet. We are building India’s FIRST giga factory and this was heavily needed considering India’s ambitious target to make the industry fully electric by 2030.

Remember over a billion people live there and they all want cars! Tesla will not be the only player who can meet that demand.

Ready for Question 2

Jonah 🏅🎹 | Satoshi Club

This is true, you have a great competitive advantage in India

Here comes the second question

Q2 from Telegram user   @Cheriemike

I read that the green $LIB tokens will be accessed through Ethereum Blockchain technology and will later be converted to Ethereum w 0 in 2022.So can you tell us why it is decided that the $LIB tokens will be accessed through the Ethereum Blockchain considering the fact that the Ethereum gas fee is something that pissed off most investors?Will you later consider that the $LIB tokens be access through other Blockchains existing like a kind of cross-chain bridge?You also plan on adding an Initial Dex Offering (IDO) over Ethereum,so when will this plan be actualized?Please tell us the % cost of transaction fee with $LIB token.Thanks

Jonah 🏅🎹 | Satoshi Club

Vincent is typing

Vincent | Libcoin

Hey guys sorry I’m here to support! Sorry was attending a conference to  support libcoin

Richard Ryan

Thanks and we are early to the market

Mary | Satoshi Club

Welcome here

Jonah 🏅🎹 | Satoshi Club

Welcome to Satoshi Club

Vincent | Libcoin

If you’re at ethdubai or Binance blockchain week send me a message and we can chat f2f

Mary | Satoshi Club

But may be you were thinking about some L2 solutions?

Richard Ryan

Hi Vincent! Yes definitely! Vincent has been working so hard to support and promote Libcoin all over the world!

Vincent | Libcoin

Sorry Richard I stole your thunder

Sure we are but we are a HOdL token because elf the nature of our investment so even thought he gas is high we don’t expect too much day trading. Hodl!

Richard Ryan

it’s alright Vincent, Welcome to Satoshi club

Mary | Satoshi Club

Gotcha

Richard Ryan

I’ll let Vincent continue the discussion with the community!

Mary | Satoshi Club

Thank you for your answers, guys! Ready to proceed?

Richard Ryan

It’s seems like Vincent’s connection is still a bit choppy

Let’s proceed to the next question

Jonah 🏅🎹 | Satoshi Club

Here comes it

Jonah 🏅🎹 | Satoshi Club

Q3 from Telegram user @MudaraSilva

As 25% of any profits from the battery business are converted into $LIB annually, your circulating supply will gradually increase. Then how do you generate scarcity to maintain the value of the coin? What is the reason to add your profits to the token supply? What type of benefits does the project get from this decision? If the battery business faces any losses, do you cover them by converting $LIB to the funds allocated for the business?

Richard Ryan

25% of net profits from the initial giga factory will be used to buy and burn $LIB from the market.

This will be guaranteed by a top auditing firm like KPMG.

These factories will have cash flows for years and years to come so $LIB will consistently rise in price and it gets increasingly scarce. Its depreciatory

Richard Ryan

It will obviously take some time before it can make revenue and profit that’s why $LIB is at such a discount today compared to the expected future cash flows.

You need to hedge against the inflation, the risk of a meteor hitting the earth, you name it haha but timelines should by between 12–24 months when it sees initial operations.

So once you buy it at a huge discount when we go live in April 7 on Bitmart…

Richard Ryan

Next question

Mary | Satoshi Club

Sure! @Jonahapagu

Jonah 🏅🎹 | Satoshi Club

Q4 From Telegram User @Modrumz120

I interestingly read from your website that libcoin will be the first crypto asset that offers potential holders exposure to investments and rewards in the booming battery technology industry. How can a person who’s new to the crypto space  become a holder of the $libcoin token and also what are the requirements needed for such individuals to be a user/member of the libcoin platform? Lastly, what are other rewards to be given to the holders of the $LIBCOIN token in the Libcoin platform? Thanks.

Richard Ryan

We will build a strong community and have a great team in place to make this a reality. Start by joining our telegram. Then ensure you participate in our whitelist sale (go to our website to find out how).

We will build out our governance function in 2022 so we will create token gated channels and that’s where we will provide exclusive updates and governance votes. The jury is still out on the tooling, perhaps discord or snapshot and we want your input so please be part of our telegram.

Other rewards next to ROI of the asset and governance power will be announced soon! We have many big partner announcements to disclose soon. And each partner we always ask’what can you offer libcoin holders?’ Think energy, but also mobility, trading and sports!

Richard Ryan

Next Question

Mary | Satoshi Club

What kind of proposals will your community will be able to make?

Jonah 🏅🎹 | Satoshi Club

Go join Satoshiclubbers and don’t forget the whitelist as well

Richard Ryan

it’s for the community to find out this 2022

don’t forget to join our tg ann and community

Mary | Satoshi Club

Thank you!

Mary | Satoshi Club

Let’s go to the next question

Jonah 🏅🎹 | Satoshi Club

Q5 from Telegram User @Rozielyna

I read from an article of yours that Libcoin is officially an asset on Ethereum product chain with a fixed supply of 500 million tokens, is set for a 2-stage rollout Which is the Buyback stage and the Remaining tokens are for the second stage comprising of three variables ( Staking, cashback and governance) can you please share more details on these two stages and their variables ? What are the benefits/ Incentives attached with this stages? What are your reward systems for staking $Libcoin token?

Richard Ryan

Stage 1 — Buyback

After an initial exchange offering, where up to 15% of available tokens are offered on one or more crypto exchanges, Libcoin plans to invest funds raised in a lithium-ion battery Gigafactory in India. If and when the venture becomes profitable, 25% of profits are to be set aside for the repurchase of LIB tokens, and then burned (shelved indefinitely ) ). The model seeks to tie investment in the tokens directly to green investment as the buyback and burn program works in a similar way to corporate share buyback plans, which drive up price by removing supply from the market.

Stage 2 — Staking, cashback and governance

Remaining tokens are to be put aside for the second stage in the rollout comprised of three variables.

The first variable, staking, allows for the provision of additional tokens to stakeholders who enter an agreement not to sell their original tokens for a specified period of time. Next, Libcoin plans to partner with other sustainable businesses, such as EV manufacturers and sellers. Tokens may be offered to their customers as an extra sales incentive, which in turn creates an incentive for companies to partner up with Libcoin.

Finally, much like company shares with voting rights attached, token holders will receive veto and discount rights on new projects. Holders who participate in governance may possibly earn new tokens for their efforts.

Richard Ryan

LIB token’s function is designed to create a positive feedback loop making way for holders to actively and in a meaningful way contribute to the development and success of green energy.

This is accomplished when they are active in polling events and by taking part in decisions put to a vote. Good governance leads to more sales, leading to more profits, leading to the burning of tokens, leading to the decrease in supply and consequently the more value represented by remaining tokens.

Richard Ryan

The allocation of ongoing rewards continually feeds this process. Developers expect that over time that rewarding active investors, token owners that are most active will end up accumulating the greatest share of tokens in comparison with inactive holders.

How cool is that?

Mary | Satoshi Club

Where users will be able to stake their tokens? On exchanges or directly on your website?

Mary | Satoshi Club

It’s really cool

Richard Ryan

Next question

Jonah 🏅🎹 | Satoshi Club

by the way with regards to this for how long will users be required to not sell?

Here come the last question for this part

Q6 from Telegram User @Ritshimwa

I saw little information on Libcoin Foundation. Can you explain more on the LIbcoin Foundation? What are the roles and function of this foundations? Can individuals register to become part of the Libcoin foundation? Can you share on some of the benefits users who belong to Libcoin foundation receive? You also mentioned customers receive LIB token when buyin from partners, can an individual become a partner to Libcoin? What are some of the rewards for Libcoin partners?

Vincent | Libcoin

We are discussing with some CEXs and defi protocols to allow staking. Please join our community and provide input on what is best for you. We want lib to be a long term hold so absolutely considering a staking solution

Vincent | Libcoin

(Apologies for the late reply)

Jonah 🏅🎹 | Satoshi Club

No p

Richard Ryan

This is a good question! Those who acquire Libcoin will contribute funds to Libcoin. The Libcoin foundation will earmarked $15m in 2022 to invest into projects being created by partners such as a battery giga factory. Libcoin will be entitled to 25% of these project profits and they will use these to burn LIB token.

Richard Ryan

This results in a depreciatory pressure on the token increasing the price over time. That incentivizes the community, you guys, to buy early and that will help Libcoin partners kick off the projects. Win-Win.

In phase 2, we will introduce a rewards ecosystem with our partners. More details will be revealed in 2022. For instance, token holders can stake and will be empowered by giving them voting decisions to mint new tokens. Those being active in polls and governance decisions will be rewarded.

Key thing to remember though is that potentially millions will be used to burn $LIB every year. So buy early before the price is too high like other green depreciatory tokens like KLIMADAO which is already in the thousands.

Richard Ryan

Let’s Proceed

Mary | Satoshi Club

Thank you, guys!

We came close to the live part now!

Mary | Satoshi Club

Ready to start?

Richard Ryan

Yeah

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Karoceh

You mentioned Libcoin have already sold $2+m in private sales, which is excellent. But have you anticipated the possibility of a massive sale after the public sale? What is your plan to encourage $LIB buyers to keep their $LIB?

Vincent | Libcoin

We will build staking incentives and the price will appreciate with increased roi so buy early

Q2 from Telegram user @coinerman

Smart Contracts’ security is considered one of the biggest issues for every project. Can we be sure that your smart contract is completely secure? How do you ensure that user funds are protected so that users/investors feel 100% safe?

Vincent | Libcoin

We are audited by certik the best audit company

Q3 from Telegram user @NAZMP2

What are the benefits of long-term holding of the $LIB token?

Vincent | Libcoin

Increased ROI!! Profits are returned every year and they will increase

Q4 from Telegram user @uncrowned_king_007

Have you guys thought of launching your own app? Or do you already have an app?

Vincent | Libcoin

Not yet great idea an you suggest it in the community?

Q5 from Telegram user @BrayantGonzalez

Could you really explain to us what is the ultimate goal of Libcoin? Is it simply to create multiple Gigafactorys of lithium ion batteries in order to promote the consumption of first-class green energy and thus protect our environment much more?

Vincent | Libcoin

To support government renewable energy goals. Like Indias ambitious 2030 ambition

Q6 from Telegram user @Sitaw25

How does a newcomer to cryptocurrency be a libcoin token holder? Furthermore, what are the qualifications for such people to be libcoin users or members?

Vincent | Libcoin

Make an account on bitmart and participate in our whitelist event

Q7 from Telegram user @duvtdtiuu

Is your project is only for elite investors, how about others with small funds, is it open to everyone?

Vincent | Libcoin

The whole point of libcoin is to democratize investments previously reserved for institutional big shots

Q8 from Telegram user @KASG95

You point out that Libcoin will be Backed by battery technology, but could you really detail what you mean by this “battery technology”? Will it be different from blockchain technology? And what benefits does it offer?

Vincent | Libcoin

Real world assets. Real world investments back libcoins price

Q9 from Telegram user আজ হলো পবিত্র শবে বরাতের রাত

Do you have a whitepaper? If yes, please share it with us.

Secondly, Do you have plans for pre-sale? Now where can I join it???

Vincent | Libcoin

Check our website libcoin.net

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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

Our partners:

Website: https://www.libcoin.net/

Twitter: https://twitter.com/Libcoin_token

Medium: https://medium.com/@libcoin_token

Facebook: https://www.facebook.com/libcointoken

We are pleased to announce our next AMA on March 30th, 2022 at 05:00 PM UTC Time: Satoshi Club x Oasis Protocol

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Oasis Protocol Telegram group

We will have the following structure:

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

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

Part 3: 300$ – A quiz about Oasis Protocol

For more details:
Oasis Protocol Website – oasisprotocol.org
Oasis Protocol Telegram – @oasisprotocolcommunity
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 enVoyDeFi Indonesia and our guest was . The AMA took place on the 18th of March

The AMA session was divided into 3 parts with a total crypto reward pool of $100

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Robocop | Satoshi Club

Hello Satoshi Club Indonesia community,

Let’s continue to our 2nd AMA with enVoy DeFi

Jack The Winner

Welcome @cedricantonio @dhenvoy @coolnerd100 @dianakine00 @Bit_Ish to Satoshi club Indonesia

Selamat datang @cedricantonio @dhenvoy @coolnerd100 @dianakine00 @Bit_Ish di satoshi club Indonesia

Robocop | Satoshi Club

Halo komunitas Satoshi Club, saya senang berada di sini bersama Anda,

Hari ini kita akan mengadakan AMA dengan enVoy DeFi

Cedric Antonio 🔺

Good evening everyone. Thank you all for attending our 2nd AMA with Satoshi Club

Jack The Winner

Alright, @cedricantonio @dhenvoy @coolnerd100 @dianakine00 @Bit_Ish Kindly start with introduce yourself and tell us please about your position in Envoydefi?

Baiklah, @cedricantonio @dhenvoy @coolnerd100 @dianakine00 @Bit_Ish Silakan mulai dengan memperkenalkan diri Anda dan beri tahu kami tentang posisi Anda di Envoydefi?

Robocop | Satoshi Club

Welcome to Satoshi Club Indonesia @dhenvoy @coolnerd100 @dianakine00 @cedricantonio @Bit_Ish

David Hopkins

Hi all – I am Dave, working for enVoy as COO on Supply Chain . Trade Finance side of life.Very happy to be involved in the AMA!

Robocop | Satoshi Club

Selamat malam semuanya. Terima kasih semua telah menghadiri AMA ke-2 kami dengan Satoshi Club

Jack The Winner

Hai semua – Saya Dave, bekerja untuk enVoy sebagai COO di Rantai Pasokan. Sisi kehidupan Trade Finance. Sangat senang terlibat dalam AMA!

Andrew

Hi everyone! I am CFO for Envoy. I am one of the earliest members of the team and helped create a lot of the ideas behind Envoy.  I have worked with hedge funds for my entire professional career and worked at Statestreet, Goldman Sachs, Deloitte, etc.

Jack The Winner

My pleasure

Robocop | Satoshi Club

Halo semuanya! Saya CFO untuk Utusan. Saya adalah salah satu anggota tim yang paling awal dan membantu menciptakan banyak ide di balik Envoy. Saya telah bekerja dengan dana lindung nilai untuk seluruh karir profesional saya dan bekerja di Statestreet, Goldman Sachs, Deloitte, dll.

Jack The Winner

Ok sound great, and next give us an introduction about Envoydefi. What is Envoydefi?what was the initial thoughts behind this project?

Oke terdengar bagus, dan selanjutnya beri kami pengenalan tentang Envoydefi. Apa itu Envoydefi Apa pemikiran awal di balik proyek ini?

Diana Kine

Good evening to everyone, happy to be here!

Robocop | Satoshi Club

Welcome Diana

Jack The Winner

Good evening welcome Diana

Cedric Antonio 🔺

enVoy is a platform where people can invest in the financing of international trade in goods and commodities, instantly and securely. enVoy enables real-time, peer to peer payments to accelerate the supply chain.

Robocop | Satoshi Club

enVoy adalah platform di mana orang dapat berinvestasi dalam pembiayaan perdagangan barang dan komoditas internasional, secara instan dan aman. enVoy memungkinkan pembayaran peer-to-peer real-time untuk mempercepat rantai pasokan.

Jack The Winner

Sounds great

By the way, can you share tokenomics of Envoydefi？

Ngomong-ngomong bisakah Anda membagikan tokenomik dari Envoydefi

Cedric Antonio 🔺

Here it is

You can also find it on our website

Robocop | Satoshi Club

How big are enVoy Defi team, can you please introduce to us ? //

Robocop | Satoshi Club

Seberapa besar tim enVoy Defi? dapatkah anda memperkenalkan kepada kami?

Jack The Winner

Alright, thanks for your information

Cedric Antonio 🔺

There is 15 of us, excluding advisors and other external partners for the corporate side of enVoy. Which is enVoy Chain

Robocop | Satoshi Club

Ada 15 dari kami, tidak termasuk penasihat dan mitra eksternal lainnya untuk sisi korporat enVoy. Yang mana enVoy Chain

Robocop | Satoshi Club

Great ! Which region that enVoy service already reach? and how about Asia ?

Jack The Winner

Can you explain more details about what mechanism of your platform, how people to invest or do international trade in your platform?

Jack The Winner

Seems great team

Robocop | Satoshi Club

Hebat ! Wilayah mana saja yang sudah dijangkau layanan enVoy? dan bagaimana dengan Asia?

Cedric Antonio 🔺

LaTam and APAC will be our main focus at the moment

Robocop | Satoshi Club

LaTam dan APAC akan menjadi fokus utama kami saat ini

Andrew

while latam and apac are our initial focus, enVoy is a global platform and can reach all regions if the trade is there.

Robocop | Satoshi Club

sementara latam dan apac adalah fokus awal kami, enVoy adalah platform global dan dapat menjangkau semua wilayah jika perdagangan ada di sana.

anyone from anywhere in the world can participate and stake their tokens to finance global trade

Robocop | Satoshi Club

siapa pun dari mana saja di dunia dapat berpartisipasi dan mempertaruhkan token mereka untuk membiayai perdagangan global

Jack The Winner

Alright got it

Robocop | Satoshi Club

Thank you for the great intro ! We already collect 5 question from Satoshi Club indonesia community. Are you ready to proceed?

Terima kasih atas intro yang luar biasa! Kami sudah mengumpulkan 5 pertanyaan dari komunitas Satoshi Club indonesia. Apakah Anda siap untuk melanjutkan?

Jack The Winner

Can you share about APY in your staking platform?

Cedric Antonio 🔺

Yes, we an start

Robocop | Satoshi Club

after this please

Robocop | Satoshi Club

Q1 telegram user  @Neilselin

i learnt that the first major innovations of enVoy’s is the Tokenised letter of the credit(tLC).I will appreciate if you provide more information about tLC and it’s features?what are the benefits or advantages the tLC brings to the table ? Another innovation is the Tokenised bills of lading (tBL) which is an NFT solution allows tBLs to be associated with a particular contract. It also links physical goods to digital contracts and processes.what is singular about the Tokenised bills of lading?Does the tBL serve as an oracle or it has the oracle it use’s?

===================================

mengetahui bahwa inovasi besar pertama enVoy’s adalah Tokenised letter of the credit (tLC). Saya akan menghargai jika Anda memberikan lebih banyak informasi tentang tLC dan fitur-fiturnya? apa manfaat atau keuntungan yang dibawa tLC ke meja? Inovasi lainnya adalah Tokenised Bill of Lading (tBL) yang merupakan solusi NFT yang memungkinkan tBLs untuk dikaitkan dengan kontrak tertentu. Ini juga menghubungkan barang fisik dengan kontrak dan proses digital. Apa yang unik dari Tokenized Bill of Lading? Apakah tBL berfungsi sebagai oracle atau memiliki oracle yang digunakannya?

Cedric Antonio 🔺

The tLC is a tokenized version of a traditional letter of credit. Instead of having a paper document to prove funds are available, this proof is now digital. It shows there is actual value held in escrow and smart contracts allow for this escrow to be released automatically when conditions are met (such as when goods have been shipped and released).

tLC also allows us to wrap this in an NFT which provides additional underlying value to that NFT and essentially allows the loans to be bought and sold or bundled.

Robocop | Satoshi Club

TLC adalah versi token dari letter of credit tradisional. Alih-alih memiliki dokumen kertas untuk membuktikan dana tersedia, bukti ini sekarang digital. Ini menunjukkan ada nilai aktual yang disimpan dalam escrow dan kontrak pintar memungkinkan escrow ini dirilis secara otomatis ketika kondisi terpenuhi (seperti ketika barang telah dikirim dan dirilis).

Cedric Antonio 🔺

Similar to the tLC, the tBL serves as a tokenized and digital version of the Bill of Lading. In traditional supply chain, the BL is important for trade and is the main document used to describe the shipment (what is it, where it came from, where it’s going, who owns it, who is shipping it, how much it is worth, etc). A tokenized version of this gives both benefits of digitization and blockchain. In traditional supply chain, there is one physical BL which must be mailed and signed and passed on to ensure no fake copies. A tokenized BL can be digitally signed, passed on electronically via blockchain to ensure it is genuine, can interact with smart contracts and can also be wrapped in an NFT like the tLC

Robocop | Satoshi Club

tLC juga memungkinkan kami untuk membungkusnya dalam NFT yang memberikan nilai dasar tambahan untuk NFT tersebut dan pada dasarnya memungkinkan pinjaman untuk dibeli dan dijual atau digabungkan.

Mirip dengan tLC, tBL berfungsi sebagai Bill of Lading versi token dan digital. Dalam rantai pasokan tradisional, BL penting untuk perdagangan dan merupakan dokumen utama yang digunakan untuk menggambarkan pengiriman (apa itu, dari mana asalnya, ke mana tujuannya, siapa yang memilikinya, siapa yang mengirimkannya, berapa nilainya, dll). Versi tokenized dari ini memberikan manfaat digitalisasi dan blockchain. Dalam rantai pasokan tradisional, ada satu BL fisik yang harus dikirimkan dan ditandatangani dan diteruskan untuk memastikan tidak ada salinan palsu. BL tokenized dapat ditandatangani secara digital, diteruskan secara elektronik melalui blockchain untuk memastikan itu asli, dapat berinteraksi dengan kontrak pintar dan juga dapat dibungkus dalam NFT seperti tLC

Robocop | Satoshi Club

do the NFT tradeable ? and will you have own NFT marketplace for it or using 3rd party like opensea?

apakah NFT dapat diperdagangkan? dan apakah Anda akan memiliki pasar NFT sendiri untuk itu atau menggunakan pihak ke-3 seperti opensea?

Cedric Antonio 🔺

Yes exactly, we are working within the enVoy DeFi Dapp coming soon.

Robocop | Satoshi Club

Ya persis, kami sedang bekerja dalam enVoy DeFi Dapp segera hadir.

Thank you for the clear and detail answer, do you want to add anything or we can continue to 2nd question?

Robocop | Satoshi Club

Terima kasih atas jawaban yang jelas dan detail, apakah Anda ingin menambahkan sesuatu atau kami dapat melanjutkan ke pertanyaan ke-2?

Cedric Antonio 🔺

that’s great, we can start with the 2nd second

Robocop | Satoshi Club

Q2 telegram user  @Meta_MateX

Once checking your roadmap, I see that the LIVE-launch is planned to the end of 2022. At the same time, users have a right to sign in for 3 rounds of private sale passing through the year. Please tell us more about the private sale events aтв please also confirm whether the launch date has not changed. Secondly, if users take part in private sales before the launch, will it able to stake bought tokens before the commercial launch of EnvoyDeFi? Thank you!

===================================

Setelah memeriksa peta jalan Anda, saya melihat bahwa peluncuran LIVE direncanakan hingga akhir tahun 2022. Pada saat yang sama, pengguna memiliki hak untuk masuk untuk 3 putaran penjualan pribadi sepanjang tahun. Tolong beri tahu kami lebih banyak tentang acara penjualan pribadi dan juga konfirmasikan apakah tanggal peluncuran tidak berubah. Kedua, jika pengguna mengambil bagian dalam penjualan pribadi sebelum peluncuran, apakah ia dapat mempertaruhkan token yang dibeli sebelum peluncuran komersial EnvoyDeFi? Terima kasih!

Cedric Antonio 🔺

The private sale is to give an opportunity to all to join in with some bonus incentives. enVoy’s mission is to democratise global trade through enhanced low cost global remittance and sustainable finance.

Robocop | Satoshi Club

Penjualan pribadi adalah untuk memberikan kesempatan kepada semua orang untuk bergabung dengan beberapa insentif bonus. Misi enVoy adalah mendemokratisasi perdagangan global melalui peningkatan pengiriman uang global berbiaya rendah dan keuangan berkelanjutan.

Cedric Antonio 🔺

The launch of the SCF platform will be for Q1 in 2023. So the staking however will be live within Q2 of this year

Robocop | Satoshi Club

Peluncuran platform SCF akan dilakukan untuk Q1 pada tahun 2023. Jadi, staking akan dilakukan pada Q2 tahun ini.

Cedric Antonio 🔺

And people who bought in Presale / private sale will be able to stake their VOY tokens as well

Robocop | Satoshi Club

Dan orang-orang yang membeli di Presale / private sale akan dapat mempertaruhkan token VOY mereka juga

Cedric Antonio 🔺

Hope it answers the question

Robocop | Satoshi Club

Thank you for the answer, i believe @Meta_MateX already satisfied with the answer

Robocop | Satoshi Club

Let’s continue to question number 3

Cedric Antonio 🔺

Sure

Robocop | Satoshi Club

Q3 telegram user  @jameslekan664

Hello to the moderators of the AMA and the enVoy DeFi team!

I will like to know the various use cases of the $VOY token on the enVoy DeFi platform.. Will every buyer/seller transaction be made with $VOY? Apart from $VOY, does enVoy DeFi support fiat and other cryptocurrencies too?Does the $VOY token have Staking option and what benefits awaits holders of the token in the long run? What various methods will you use to ensure that the token appreciate in value always..Will there be buy back and burn functions?

===================================

Halo untuk moderator AMA dan tim enVoy DeFi!

Saya ingin mengetahui berbagai kasus penggunaan token $VOY pada platform enVoy DeFi.. Apakah setiap transaksi pembeli/penjual dilakukan dengan $VOY? Selain $VOY, apakah enVoy DeFi mendukung fiat dan cryptocurrency lainnya juga? Apakah token $VOY memiliki opsi Staking dan keuntungan apa yang menunggu pemegang token dalam jangka panjang? Berbagai metode apa yang akan Anda gunakan untuk memastikan bahwa token selalu menghargai nilainya..Apakah akan ada fungsi beli kembali dan bakar?

Cedric Antonio 🔺

$VOY is the beating heart of the entire enVoy ecosystem. All transactions happening on both the DeFi platform and the SCF platform will require to use $VOY and only $VOY.

VOY has many uses including escrow, cross border payments, and DeFi staking

Jack The Winner

$VOY adalah jantung dari seluruh ekosistem enVoy. Semua transaksi yang terjadi di platform DeFi dan platform SCF harus menggunakan $VOY dan hanya $VOY.

Cedric Antonio 🔺

While VOY is the only token/currency used on the platform itself, fiat currencies and other tokens are supported through our cross border payment system.

Jack The Winner

VOY memiliki banyak kegunaan termasuk escrow, pembayaran lintas batas, dan pertaruhan DeFi

Cedric Antonio 🔺

For example if you wanted to send USDT and receive indonesian rupiah on the other end, our cross border payment system would automatically swap USDT for VOY and then VOY for Rupiah

Jack The Winner

Sementara VOY adalah satu-satunya token/mata uang yang digunakan pada platform itu sendiri, mata uang fiat dan token lainnya didukung melalui sistem pembayaran lintas batas kami.

Misalnya jika Anda ingin mengirim USDT dan menerima rupiah Indonesia di ujung lain, sistem pembayaran lintas batas kami akan secara otomatis menukar USDT dengan VOY dan kemudian VOY dengan Rupiah

Robocop | Satoshi Club

Where we can swap them ? can you share link to swap and how about the fee ?

Di mana kita bisa menukarnya? dapatkah Anda membagikan tautan untuk bertukar dan bagaimana dengan biayanya?

Cedric Antonio 🔺

yes, we have it on Uniswap,

https://app.uniswap.org/#/swap?inputCurrency=0x2ac8172d8ce1c5ad3d869556fd708801a42c1c0e&chain=mainnet

Jack The Winner

ya, kami memilikinya di Uniswap, https://app.uniswap.org/#/swap?inputCurrency=0x2ac8172d8ce1c5ad3d869556fd708801a42c1c0e&chain=mainnet

Robocop | Satoshi Club

Great ! Thank you for sharing this

Robocop | Satoshi Club

Are you ready to proceed for question number 4 ?

Cedric Antonio 🔺

yes, thank you

Jack The Winner

Q4 telegram user  @DidoJ56

EnVoy DeFi platform seeks to reduce the impact of carbon footprint from companies around the world, What impact will this have on trading and supply chain processes? How will you preserve the virtues of decentralization and avoid environmental aggravation? Also, your goal is to provide solutions to long processes and paperworks within the commerce industry, what mechanism will you implement to achieve this?

===================================

Platform EnVoy DeFi berupaya mengurangi dampak jejak karbon dari perusahaan di seluruh dunia, Apa dampaknya terhadap proses perdagangan dan rantai pasokan? Bagaimana Anda akan melestarikan kebajikan desentralisasi dan menghindari kerusakan lingkungan? Juga, tujuan Anda adalah memberikan solusi untuk proses dan dokumen yang panjang dalam industri perdagangan, mekanisme apa yang akan Anda terapkan untuk mencapai ini?

Cedric Antonio 🔺

enVoy reduces carbon impact by giving incentives to good actors.

Those ships who have reduced carbon emissions receive a better “Green Score” and also better financing rates.

By digitizing and putting the LC and BL on the blockchain, we can reduce paperwork (through smart contracts) and reduce shipping times.

We no longer have to wait for physical documents to be mailed and signed, we can simply execute digital contracts instantly.

Jack The Winner

Excellent

Cedric Antonio 🔺

In addition to carbon monitoring for vessels and voyages, enVoy provides its users with Sustainability risk screening using real-time, empirical impact data;

enVoy’s dynamic ESG reporting for financial institutions, traders and corporates provides for each individual trade:

Clearer sustainability reporting;

Proprietary ESG reporting methodology;

Simple to use, customisable dashboards.

Jack The Winner

enVoy mengurangi dampak karbon dengan memberikan insentif kepada pelaku yang baik.

Cedric Antonio 🔺

Combined, these technologies, known as the Ecosphere,  enable a full assessment of climate impact and sustainability risk on a trade by trade basis.

This data is available to all enVoy users: Importers, Exporters, Financiers, Logistics companies, and allows for informed decision making in both the purchase of goods and services throughout the supply chain, and also the offering of supply chain finance.

Jack The Winner

Kapal-kapal yang telah mengurangi emisi karbon menerima “Skor Hijau” yang lebih baik dan juga tingkat pembiayaan yang lebih baik. Dengan mendigitalkan dan menempatkan LC dan BL di blockchain, kami dapat mengurangi dokumen (melalui kontrak pintar) dan mengurangi waktu pengiriman.

Kami tidak lagi harus menunggu dokumen fisik dikirim dan ditandatangani, kami cukup mengeksekusi kontrak digital secara instan.

Selain pemantauan karbon untuk kapal dan pelayaran, enVoy menyediakan penggunanya dengan penyaringan risiko Keberlanjutan menggunakan data dampak empiris real-time;

Jack The Winner

Pelaporan LST dinamis enVoy untuk lembaga keuangan, pedagang, dan perusahaan menyediakan untuk setiap perdagangan individu: Pelaporan keberlanjutan yang lebih jelas; Metodologi pelaporan LST eksklusif; Mudah digunakan, dasbor yang dapat disesuaikan.

Gabungan, teknologi ini, yang dikenal sebagai Ecosphere, memungkinkan penilaian penuh dampak iklim dan risiko keberlanjutan berdasarkan perdagangan per perdagangan.

Data ini tersedia untuk semua pengguna enVoy: Importir, Eksportir, Pemodal, perusahaan Logistik, dan memungkinkan pengambilan keputusan yang tepat baik dalam pembelian barang dan jasa di seluruh rantai pasokan, dan juga penawaran pembiayaan rantai pasokan.

Thanks for clear answer

Robocop | Satoshi Club

Thank you for the detail answer, are you ready for the last question from part 1 ?

Cedric Antonio 🔺

sure!

Jack The Winner

Q5 telegram user  @thisistoyin

Since enVoy DeFi mission is to be a platform where people can invest in the financing of international trade in goods and commodities, instantly and securely. i would like to know if your platform has any room for Beginners in Crypto, like interested individuals who are willing to Invest in these International Trades but has Zero Knowledge on the utilisation of the DeFi World. How do you plan to accommodate this categories of People? Thanks

===================================

Karena misi enVoy DeFi adalah menjadi platform di mana orang dapat berinvestasi dalam pembiayaan perdagangan barang dan komoditas internasional, secara instan dan aman. saya ingin tahu apakah platform Anda memiliki ruang untuk Pemula di Crypto, seperti individu yang tertarik yang bersedia Berinvestasi dalam Perdagangan Internasional ini tetapi tidak memiliki Pengetahuan tentang pemanfaatan Dunia DeFi. Bagaimana Anda berencana untuk mengakomodasi kategori Orang ini? Terima kasih

Cedric Antonio 🔺

Envoy DeFi was built primarily with beginners in mind. Our mission is to democratize trade finance and move some of the power from big banks and wealthy individuals to the masses

so yes we are actually corporate product that digitises the supply chain and its finance on corda enterprise private chain,

Jack The Winner

Envoy DeFi dibuat terutama dengan mempertimbangkan pemula. Misi kami adalah mendemokratisasikan keuangan perdagangan dan memindahkan sebagian kekuatan dari bank besar dan individu kaya ke massa

Cedric Antonio 🔺

which is why we have launched enVoy defi on ethereum with large amount of public retail liquidity and the ability to use democratised financing by staking defi.

Jack The Winner

jadi ya kami sebenarnya adalah produk perusahaan yang mendigitalkan rantai pasokan dan keuangannya di rantai pribadi perusahaan corda,

Cedric Antonio 🔺

so the yield farming we offer finances trade indirectly and our next stage DAO will democratise which trade types the defi pool finances be it commodities, softs and aggs, metals etc

the scope of global trade finance is huge and endless with huge real world use case gains.

Jack The Winner

itulah sebabnya kami meluncurkan enVoy defi on ethereum dengan sejumlah besar likuiditas ritel publik dan kemampuan untuk menggunakan pembiayaan demokratisasi dengan mempertaruhkan defi.

jadi pertanian hasil yang kami tawarkan keuangan perdagangan secara tidak langsung dan tahap berikutnya kami DAO akan mendemokratisasikan jenis perdagangan yang defi pool keuangan baik itu komoditas, soft dan aggs, logam dll

cakupan keuangan perdagangan global sangat besar dan tidak terbatas dengan keuntungan kasus penggunaan dunia nyata yang besar.

Robocop | Satoshi Club

Well speak of security, can you explain how secure enVoy DeFi ? and how about audit ?

Nah berbicara tentang keamanan, dapatkah Anda menjelaskan seberapa aman enVoy DeFi? dan bagaimana dengan auditnya?

Cedric Antonio 🔺

We have an audit done with Techrate, we can share it here if you wish

Robocop | Satoshi Club

Yes, please

Jack The Winner

Kami telah melakukan audit dengan Techrate, kami dapat membagikannya di sini jika Anda mau

Cedric Antonio 🔺

Robocop | Satoshi Club

By the way, don’t you have problem with launching enVoy Defi on ETH since its have expensive gas fee ?

Thank you for sharing this

Omong-omong, apakah Anda tidak memiliki masalah dengan meluncurkan enVoy Defi di ETH karena biaya gasnya mahal?

Cedric Antonio 🔺

Eth is expensive that prevents fraudulents transactions, and it is great for liquidity, however we are working on bridges for solana, avalanche, stellar, polygon

Jack The Winner

Eth mahal yang mencegah transaksi penipuan, dan sangat bagus untuk likuiditas, namun kami sedang mengerjakan jembatan untuk solana, avalanche, stellar, polygon

Andrew

transactions on the platform itself will be internal so would not incur gas fees

Jack The Winner

transaksi di platform itu sendiri akan bersifat internal sehingga tidak akan dikenakan biaya gas

Andrew

so financing trade with VOY which you already own on platform will not require normal gas fees

Cedric Antonio 🔺

also ETH 2.0 with be coming up soon with POS instead

Jack The Winner

jadi pembiayaan perdagangan dengan VOY yang sudah Anda miliki di platform tidak memerlukan biaya gas normal

juga ETH 2.0 dengan segera hadir dengan POS sebagai gantinya

Robocop | Satoshi Club

Yes, i also hear the news ETH 2.0 will be launched this year, hope this true

Ya, saya juga mendengar kabar bahwa ETH 2.0 akan diluncurkan tahun ini, semoga benar

Thanks for your detail and clear answers guys!

Its really an amazing time in this first part of the AMA

Jack The Winner

Yeah ETH more secure than other blockchain nextwork

Robocop | Satoshi Club

Now is time to proceed with the second part,

the live segment, are you ready?

Robocop | Satoshi Club

Sudah waktunya untuk melanjutkan ke bagian kedua, segmen dengan

komunitas, apakah Anda siap?

Cedric Antonio 🔺

Let’s do this

Robocop | Satoshi Club

We will open chat for 120 second

Jack The Winner

Ok group will open within 5 seconds

Baik grup akan dibuka dlm 5 detik

Robocop | Satoshi Club

after that please choose 5 Best question and answer them

Part 2 — live questions from the Telegram community

Q1 from Telegram user

Can anyone buy your tokens?Since gas fees are problem what is the plan to list of your token in other exchanges?Do you have contract address released?Will you do Cex listing in the future?

Adakah yang bisa membeli token Anda? Karena biaya gas menjadi masalah, apa rencana untuk mendaftarkan token Anda di bursa lain? Apakah Anda memiliki alamat kontrak yang dirilis? Apakah Anda akan melakukan listing Cex di masa mendatang?

Cedric Antonio 🔺

we are already listed on liquid.com where no fees are incurred. We have other CEXs we are in talk to. But cannot reveal until we have everything ready to be launched. But yes, we have few on the pipeline yes.

kami sudah terdaftar di liquid.com di mana tidak ada biaya yang dikeluarkan. Kami memiliki CEX lain yang kami ajak bicara. Tetapi tidak dapat mengungkapkan sampai kami memiliki semuanya siap untuk diluncurkan. Tapi ya, kami memiliki beberapa di pipa ya.

Q2 from Telegram user

It caught my attention that you have an Q2 enVoy Green product, I understand that it will be related to Green Carbon Monitoring, but will this really not affect the operation of your project in any way?

Ini menarik perhatian saya bahwa Anda memiliki produk Q2 enVoy Green, saya mengerti bahwa itu akan terkait dengan Pemantauan Karbon Hijau, tetapi apakah ini benar-benar tidak mempengaruhi operasi proyek Anda dengan cara apa pun?

Cedric Antonio 🔺

This affects the ecosystem by adding real value to ESG focused investors. Envoy Green only makes the product more attractive to buyers/sellers/financiers and help to increase the defi yield we can provide

Carbon monitoring is a major enhancement to enVoy. With our Green planet, Blue Ocean concept, enVoy is pushing global trade towards a more sustainable and ethical future. We encourage green financing to support the move to a carbon neutral future and combat climate change.

Hal ini memengaruhi ekosistem dengan menambahkan nilai nyata bagi investor yang berfokus pada LST. Envoy Green hanya membuat produk lebih menarik bagi pembeli/penjual/pemodal dan membantu meningkatkan hasil defi yang dapat kami berikan

Pemantauan karbon adalah peningkatan utama enVoy. Dengan planet Hijau kami, konsep Samudra Biru, enVoy mendorong perdagangan global menuju masa depan yang lebih berkelanjutan dan etis. Kami mendorong pembiayaan hijau untuk mendukung langkah menuju masa depan yang netral karbon dan memerangi perubahan iklim.

Q3 from Telegram user

As you also deals in Payments, how will you ensure that enVoyDefi payments are quick and less costly?

Karena Anda juga berurusan dengan Pembayaran, bagaimana Anda memastikan bahwa pembayaran enVoyDefi cepat dan lebih murah?

Cedric Antonio 🔺

these will run through multiple payment rails such as stellar with trustline and corda permissioned payment rail end to end with secure escrow

ini akan berjalan melalui beberapa rel pembayaran seperti stellar dengan trustline dan rel pembayaran yang diizinkan dari ujung ke ujung dengan escrow yang aman

Q4 from Telegram user

The supply of your tokens is too large 50 million. Will you reduce supply by burning in the future? what is your token model either inflationary or deflationary? How many tokens locked for the team too?

Pasokan token Anda terlalu besar 50 juta. Apakah Anda akan mengurangi pasokan dengan membakar di masa depan? apa model token Anda baik inflasioner atau deflasi? Berapa banyak token yang dikunci untuk tim juga?

Cedric Antonio 🔺

We need a large supply in order to ensure enough liquidity to support the $1.7 Trillion dollar trade finance gap we are trying to fill. The $VOY token is for a real use case.

Kami membutuhkan pasokan besar untuk memastikan likuiditas yang cukup untuk mendukung kesenjangan keuangan perdagangan $1,7 Triliun dolar yang kami coba isi. Token $VOY adalah untuk kasus penggunaan nyata.

Q5 from Telegram user

I would like to know some informations about the $VOY staking program. Can you give some introduction to the $VOY staking such as APR, Locking period, Harvesting schedule etc..? And also, What will be the terms & regulations of $VOY staking program? Can users use multiple wallets to stake?

Saya ingin mengetahui beberapa informasi tentang program staking $VOY. Bisakah Anda memberikan pengenalan tentang staking $VOY seperti APR, Locking period, Harvesting schedule, dll.? Dan juga, Apa syarat & ketentuan program staking $VOY? Bisakah pengguna menggunakan banyak dompet untuk dipertaruhkan?

Cedric Antonio 🔺

APR and locking periods may be variable depending on the available trade contracts on the platform and how much you stake.However, they will generally fall around 10-25% yield and can be locked anywhere from 1 month to 1 year depending on the trade contracts.terms and conditions will be available on the website/daap as soon as it is live. Users can create multiple wallets but they must go through KYC process for each.

APR dan periode penguncian dapat bervariasi tergantung pada kontrak perdagangan yang tersedia di platform dan berapa banyak yang Anda pertaruhkan.Namun, mereka umumnya akan turun sekitar 10-25% hasil dan dapat dikunci di mana saja dari 1 bulan hingga 1 tahun tergantung pada kontrak perdagangan.syarat dan ketentuan akan tersedia di website/daap segera setelah ditayangkan. Pengguna dapat membuat beberapa dompet tetapi mereka harus melalui proses KYC untuk masing-masing.

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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

Our partners:
Telegram – https://t.me/envoydefieng

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 FreeCity Spanish and our guest was. The AMA took place on the 25th of March

The AMA session was divided into 3 parts with a total crypto reward pool of $100

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Andrés M. | Satoshi Club

Buenos días amigos, un placer saludarlos de nuevo.

Luis Merino 🇪🇸 | Satoshi Club

Hey @Jack_FCC! Welcome to Satoshi Club Spanish

Henry Rodriguez | Satoshi Club 🇻🇪

¡Hola @Jack_FCC! Bienvenido a Satoshi Club Spanish

Jack Wu

Hi

Jack Wu

Sorry, I wasn’t able to type

Just now

On my pc

Henry Rodriguez | Satoshi Club 🇻🇪

Lo siento, no podía escribir

Justo ahora

En mi PC

Luis Merino 🇪🇸 | Satoshi Club

I thought you were a bit shy

Luis Merino 🇪🇸 | Satoshi Club

Welcome Jack

Jack Wu

Nah man

Henry Rodriguez | Satoshi Club 🇻🇪

Pensé que eras un poco tímido

Bienvenido Jack

No hombre

Luis Merino 🇪🇸 | Satoshi Club

Great news then

Jack Wu

Excited, but not shy

Luis Merino 🇪🇸 | Satoshi Club

So, to start up with, please introduce yourself and tell us in a few words what’s FreeCity

Jack Wu

haha

Henry Rodriguez | Satoshi Club 🇻🇪

Grandes noticias entonces

Entusiasmado, pero no timido

Luis Merino 🇪🇸 | Satoshi Club

That’s the key

Henry Rodriguez | Satoshi Club 🇻🇪

Así que, para empezar, preséntate y cuéntanos en pocas palabras qué es FreeCity

Henry Rodriguez | Satoshi Club 🇻🇪

Ja ja

Jack Wu

Of course, you’d need confidence to survive in this market

Luis Merino 🇪🇸 | Satoshi Club

Exactly

Henry Rodriguez | Satoshi Club 🇻🇪

Claro que se necesita confianza para sobrevivir en este mercado

Henry Rodriguez | Satoshi Club 🇻🇪

Exactamente

Jack Wu

Shall we begin

or should I go with an introduction first?

haha

¿Empezamos?

¿o debería ir con una introducción primero?

Luis Merino 🇪🇸 | Satoshi Club

Yes, please

Henry Rodriguez | Satoshi Club 🇻🇪

Si, por favor

Luis Merino 🇪🇸 | Satoshi Club

Tell us who you are and explain what’s FreeCity, shortly

Henry Rodriguez | Satoshi Club 🇻🇪

Cuéntanos quién eres y explícanos qué es FreeCity, en breve

Jack Wu

Hi guys, my name is Jack, I’m a Taiwanese that used to live in California

Luis Merino 🇪🇸 | Satoshi Club

California is cool

Henry Rodriguez | Satoshi Club 🇻🇪

Hola chicos, mi nombre es Jack, soy un taiwanés que solía vivir en California

Jack Wu

I used to work in Intel, and now I’m an angel investor and serial entrepreneur

Henry Rodriguez | Satoshi Club 🇻🇪

California es genial

Henry Rodriguez | Satoshi Club 🇻🇪

Solía trabajar en Intel, y ahora soy un inversor ángel y emprendedor en serie

Jack Wu

Now what for the vision we’re have for FreeCity is

What we’re building is the Largest, Web3 Bridging Infrastructure and User Aggregation Platform.

Bridging Web2 users to the Web3 world

FreeCity is built with the vision of bridging the web2 users to the web3 world in a seamless manner by providing fiat supported features, tools for web2 and web3 marketers to identify, incentivizes and retain their users. Ultimately creating the first web3 / web2 bridge that will bring the ecosystem to the next level.

Henry Rodriguez | Satoshi Club 🇻🇪

La visión que tenemos para FreeCity es

Lo que estamos construyendo es la mayor infraestructura de puente y plataforma de agregación de usuarios de Web3.

Uniendo a los usuarios de la Web2 con el mundo de la Web3

FreeCity se construye con la visión de unir a los usuarios de la web2 con el mundo de la web3 de una manera perfecta, proporcionando características de apoyo fiat, herramientas para los vendedores de la web2 y la web3 para identificar, incentivar y retener a sus usuarios. En última instancia, crear el primer puente web3 / web2 que llevará el ecosistema al siguiente nivel.

Luis Merino 🇪🇸 | Satoshi Club

Yooo! That’s great

Luis Merino 🇪🇸 | Satoshi Club

Thank you for the detailed intro, Jack

Are you ready to start with community questions?

Jack Wu

Thank you @LuisMe7

Jack Wu

Yes

Henry Rodriguez | Satoshi Club 🇻🇪

Yooo! Eso es genial.

Gracias por la detallada introducción, Jack

Jack Wu

I must say the questions are so well researched

Luis Merino 🇪🇸 | Satoshi Club

P1 del usuario de Telegram @Billz120

Hello Freecity – you did said freecity is a Web 3.0 user Aggregated platform built on the foundation of social, gaming, NFTs, liquidity and Proof of interaction to help Web 3 marketers to identify incentives and retain users. Now my question is, what are those tools you did said will be provided, being the first platform to introduce Proof of Interaction, which you did said encourages and allows users to support projects and Creators on top of your social platform and projects and creators are provided with the tools to identify and incentivize their loyal user ? What more benefits do projects and creators stands to enjoy by reason of your Proof of Interaction mechanism other than incentives? ================================================================Hola, Freecity: dijiste que freecity es una plataforma agregada de usuarios de Web 3.0 construida sobre la base de redes sociales, juegos, NFT, liquidez y prueba de interacción para ayudar a los especialistas en marketing de Web 3 a identificar incentivos y retener usuarios. Ahora mi pregunta es, ¿cuáles son esas herramientas que dijo que se proporcionarán, siendo la primera plataforma en presentar Prueba de interacción, que dijo que alienta y permite a los usuarios apoyar proyectos y creadores además de su plataforma social y los proyectos y creadores son provisto de las herramientas para identificar e incentivar a su usuario leal? ¿De qué más beneficios disfrutan los proyectos y los creadores gracias a su mecanismo de Prueba de interacción además de los incentivos?

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias @LuisMe7

Henry Rodriguez | Satoshi Club 🇻🇪

Debo decir que las preguntas están muy bien investigadas

Luis Merino 🇪🇸 | Satoshi Club

This is Satoshi Club, the best AMA community

Thank you, Jack

Jack Wu

This is a superb question, to be honest this is something that keeps me up at night, apart from the incentives provided by us and our partners I think what might pique their interest would be the data towards their community, and with that they can design campaigns to reward the heavy/loyal users.

It’s the data that we can help present, not just the monetary ones, it’s the opportunity to build a closed and engaging community

Henry Rodriguez | Satoshi Club 🇻🇪

Este es el Club Satoshi, la mejor comunidad AMA

Gracias, Jack

Henry Rodriguez | Satoshi Club 🇻🇪

Esta es una excelente pregunta, para ser honesto esto es algo que me mantiene despierto por la noche, aparte de los incentivos proporcionados por nosotros y nuestros socios creo que lo que podría despertar su interés sería los datos hacia su comunidad, y con eso pueden diseñar campañas para recompensar a los usuarios pesados / leales.

Son los datos que podemos ayudar a presentar, no sólo los monetarios, es la oportunidad de construir una comunidad cerrada y atractiva

Luis Merino 🇪🇸 | Satoshi Club

Community is the way

Jack Wu

It is!

We’d be nothing without them

there’d be no DAO with community members that shares the same value

Henry Rodriguez | Satoshi Club 🇻🇪

La comunidad es el camino

Luis Merino 🇪🇸 | Satoshi Club

You are absolutely right

Henry Rodriguez | Satoshi Club 🇻🇪

Asi es!

Henry Rodriguez | Satoshi Club 🇻🇪

no habría una DAO con miembros de la comunidad que compartieran ese valor

Henry Rodriguez | Satoshi Club 🇻🇪

Tienes toda la razón

Luis Merino 🇪🇸 | Satoshi Club

So Jack, do you want to add anything to this question?

Jack Wu

no sir

Luis Merino 🇪🇸 | Satoshi Club

Let’s move into the next one then

Henry Rodriguez | Satoshi Club 🇻🇪

Entonces, Jack, ¿quieres añadir algo a esta pregunta?

Luis Merino 🇪🇸 | Satoshi Club

P2 del usuario de Telegram @cheriemike

FreeCity planea lanzar una versión Alpha para que los usuarios puedan probar su plataforma. Entonces, ¿puede decirnos cuándo se lanzará oficialmente? ¿Se limitarán los participantes o estará abierto para todos? También planea lanzar un Bug Programa Bounty. ¿Tendrá lugar al mismo tiempo que lanza su versión Alpha? ¿El programa Bug Bounty será realizado por terceros o esta oportunidad quedará abierta para los miembros de la comunidad? ¿Hay algunos requisitos que está buscando para unirse al Alpha y ¿Programa Bug Bounty? Indique si se otorgarán recompensas a los participantes. Gracias.°°°°°°°°°°°°°°FreeCity plans to release an Alpha version so that users can test their platform. So can you tell us when it will be officially released? Will the participants be limited or will it be open to all? It also plans to launch a Bug Bounty Program. Will it take place at the same time that its Alpha version is released? Will the Bug Bounty program be run by a third party or will this opportunity remain open to members of the community? Are there any requirements you are looking for to join the Alpha and Bug Bounty Program? Indicate if rewards will be given to participants. Thanks.

Henry Rodriguez | Satoshi Club 🇻🇪

No señor

Movamonos a la siguiente pregunta

Jack Wu

Early April, that’s as much I can say, and at the same time the bug Bounty would be open to all, we’ll divide it into 2 different sectors, UX Improvement and Bug Bounty. As of the rewards, we still don’t have a fixed answer for it

Henry Rodriguez | Satoshi Club 🇻🇪

A principios de abril, es todo lo que puedo decir, y al mismo tiempo el bug Bounty estaría abierto a todos, lo dividiremos en 2 sectores diferentes, Mejora de UX y Bug Bounty. En cuanto a las recompensas, todavía no tenemos una respuesta fija para ello  .

Hecho

Luis Merino 🇪🇸 | Satoshi Club

Where can we find further info about this when it is ready?

Henry Rodriguez | Satoshi Club 🇻🇪

Dónde podemos encontrar más información sobre esto cuando esté listo?

Jack Wu

We’ll announce it on our Twitter when the app is ready to launch, and details of the campaign is set

You can catch the latest updates here

https://twitter.com/FreeCity_OS

Henry Rodriguez | Satoshi Club 🇻🇪

Lo anunciaremos en nuestro Twitter cuando la aplicación esté lista para su lanzamiento, y los detalles de la campaña estén fijados

Puede consultar las últimas actualizaciones aquí

https://twitter.com/FreeCity_OS

Luis Merino 🇪🇸 | Satoshi Club

Come on guys! Go follow FreeCity on Twitter

Henry Rodriguez | Satoshi Club 🇻🇪

¡Vamos chicos! Vayan a seguir a FreeCity en Twitter

Luis Merino 🇪🇸 | Satoshi Club

Thank you Jack. Third question?

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias Jack. Tercera pregunta?

Jack Wu

yes

Henry Rodriguez | Satoshi Club 🇻🇪

Si

Luis Merino 🇪🇸 | Satoshi Club

P3 del usuario de Telegram @Lestmarisv13

$FCC FreeCity Token will power a unique and useful set of “cross-metaverse” products beginning with the first NFT collection for $FCC holders and a scalable multi-chain NFT marketplace built on Binance Smart Chain. Can you tell us more about the unique and useful set of “cross-metaverse” products that $FCC will drive? What is the first NFT collection and the NFT market? Characteristics? What will be the utilities of $FCC?

======================================

El token FreeCity de $FCC impulsará un conjunto único y útil de productos de “metaverso cruzado” que comenzará con la primera colección de NFT para titulares de $FCC y un mercado de NFT escalable de múltiples cadenas construido en Binance Smart Chain. ¿Puede contarnos más sobre el conjunto único y útil de productos “cross-metaverse” que impulsará $FCC? ¿Cuál es la primera colección de NFT y el mercado de NFT? ¿Características? ¿Cuáles serán las utilidades de $FCC?

Jack Wu

Of course, we’re chain-agnostic along with our tools, so with that being said, we will be the hub connecting different protocols together and provide them the tools to grow their community.

For the NFT part, apart from our own rewards ( still can’t be disclosed ), we’d rather work with some NFT related partners.

Also, here’s a list of utilities that we are planning to launch in the near future:-

1 ) GameFi Token Swap – Built-in DEX for in platform token swaps

2 ) Boosting Power – Unlock VIP access to protocol on-chain & off-chain benefits

3 ) Staking & Liquidity Mining – Provide Liquidity to NFT Marketplace

4 ) Governance – Voting Power for future directions of Free City

Luis Merino 🇪🇸 | Satoshi Club

Can you please share tokenomics?

Jack Wu

Our token would be launched on BSC and with a total supply of 10,000,000,000, the tokens will be distributed as follows:-

Airdropped NFT Sale- 1.00%

Early Backer Sale- 15.00%

Growth Backer Sale- 8.00%

Public Sale- 5.00%

Community Reserve- 20.00%

Development & Marketing- 10.00%

Ecosystem Treasury & Liquidity- 25%

Founding Team- 13.00%

Advisors & Event Partners- 3.00%

Henry Rodriguez | Satoshi Club 🇻🇪

Por supuesto, somos agnósticos de la cadena junto con nuestras herramientas, así que con eso dicho, seremos el centro que conecte los diferentes protocolos entre sí y les proporcione las herramientas para hacer crecer su comunidad.

En cuanto a la NFT, aparte de nuestras propias recompensas (aún no se pueden revelar), preferimos trabajar con algunos socios relacionados con la NFT.

Además, aquí hay una lista de utilidades que estamos planeando lanzar en un futuro próximo

1 ) GameFi Token Swap – DEX incorporado para el intercambio de tokens en la plataforma

2 ) Boosting Power – Desbloquea el acceso VIP a los beneficios del protocolo dentro y fuera de la cadena

3 ) Staking & Liquidity Mining – Proporciona liquidez al mercado NFT

4 ) Gobernanza – Poder de voto para las futuras direcciones de Free City

Henry Rodriguez | Satoshi Club 🇻🇪

¿Puedes por favor compartir los tokenomics?

Henry Rodriguez | Satoshi Club 🇻🇪

Nuestro token se lanzará en BSC y con un suministro total de 10.000.000.000, los tokens se distribuirán de la siguiente manera

Venta de NFT por adelantado: 1,00%.

Venta a los primeros compradores: 15,00%.

Venta a los patrocinadores del crecimiento: 8,00%.

Venta pública: 5,00%.

Reserva comunitaria: 20,00%.

Desarrollo y marketing: 10,00%.

Tesorería y liquidez del ecosistema: 25%.

Equipo Fundador- 13,00%

Asesores y socios de eventos – 3,00%.

Luis Merino 🇪🇸 | Satoshi Club

Don’t you think there are many tokens? Why choosing that amount of total supply?

Henry Rodriguez | Satoshi Club 🇻🇪

¿No crees que hay muchos tokens? ¿Por qué elegir esa cantidad de suministro total?

Jack Wu

Well it’s more on leaving enough tokens to provide to the community members

Henry Rodriguez | Satoshi Club 🇻🇪

Bueno, se trata más bien de dejar suficientes tokens para proporcionar a los miembros de la comunidad

Luis Merino 🇪🇸 | Satoshi Club

Makes sense

Jack Wu

Thanks sir

Henry Rodriguez | Satoshi Club 🇻🇪

Tiene sentido

Luis Merino 🇪🇸 | Satoshi Club

Shall we move into the fourth question?

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias

Jack Wu

yes sir

Henry Rodriguez | Satoshi Club 🇻🇪

¿Nos movemos a la cuarta pregunta?

Si señor

Luis Merino 🇪🇸 | Satoshi Club

P4 del usuario de Telegram @pelusapinto21

The goal of the FCC FreeCity is to ultimately become a sufficiently decentralized DAO. By using a decentralized model, the DAO will have the most optimized mutual benefits where every member of the community has their best interests in mind. What type of DAO do you estimate to develop in FreeCity? What will be the characteristics of this DAO? Who can participate in the FreeCity DAO? What decisions will be made through this DAO? What will be the most optimized mutual benefits that will be obtained through the DAO FreeCity?

======================================

El objetivo de FCC FreeCity es convertirse en última instancia en un DAO lo suficientemente descentralizado. Al usar un modelo descentralizado, la DAO tendrá los beneficios mutuos más optimizados donde cada miembro de la comunidad tiene en mente sus mejores intereses. ¿Qué tipo de DAO estimas desarrollar en FreeCity? ¿Cuáles serán las características de esta DAO? ¿Quién puede participar en el FreeCity DAO? ¿Qué decisiones se tomarán a través de esta DAO? ¿Cuáles serán los beneficios mutuos más optimizados que se obtendrán a través de DAO FreeCity?

Luis Merino 🇪🇸 | Satoshi Club

Community wants more info about DAO

Henry Rodriguez | Satoshi Club 🇻🇪

La comunidad quiere más información sobre el DAO

Jack Wu

Our model would be quite similar to MakerDAO where the community members get to decide on how the platform would move forward, what type of functionality should be added, and if we’re large enough, which partners we should works with

A lot of our members always ask us if we’d have burning features

Henry Rodriguez | Satoshi Club 🇻🇪

Nuestro modelo sería bastante similar al de MakerDAO, en el que los miembros de la comunidad deciden cómo avanzaría la plataforma, qué tipo de funcionalidad debería añadirse y, si somos lo suficientemente grandes, con qué socios deberíamos trabajar.

Jack Wu

but I think this is something the community members can propose

haha

Henry Rodriguez | Satoshi Club 🇻🇪

Muchos de nuestros miembros siempre nos preguntan si tendríamos funciones de grabación

pero creo que esto es algo que los miembros de la comunidad pueden proponer

Jack Wu

You can think of 1 token = 1 vote on our platform

A FreeCity with democracy

Henry Rodriguez | Satoshi Club 🇻🇪

Puedes pensar que 1 token = 1 voto en nuestra plataforma

Henry Rodriguez | Satoshi Club 🇻🇪

Una FreeCity con democracia

Andrés M. | Satoshi Club

Hi Jack, I am going to cover Luis for some minutes. I have been reading your answers and I have to say that I’m surprised for the big importance you give to the community in your business model

Jack Wu

Thank you ser

Henry Rodriguez | Satoshi Club 🇻🇪

Hola Jack, voy a cubrir a Luis durante unos minutos. He estado leyendo tus respuestas y tengo que decir que estoy sorprendido por la gran importancia que le das a la comunidad en tu modelo de negocio

Gracias

Andrés M. | Satoshi Club

How do you can prevent that whales take advantage of their big quantity of tokens? For example, how can you prevent of 51% attacks?

Henry Rodriguez | Satoshi Club 🇻🇪

¿Cómo se puede evitar que las ballenas se aprovechen de su gran cantidad de tokens? Por ejemplo, ¿cómo se puede prevenir para los ataques del 51%?

Jack Wu

I guess this is another reason for the large quantity of tokens for the tokenomic. We want it to be more community owned, as you can see from our tokenomic, we would leave 20% to our community members, and 25% for liquidity, so yeah, it’s quite unlikely for a 51% attack

Henry Rodriguez | Satoshi Club 🇻🇪

Supongo que esta es otra razón para la gran cantidad de tokens para el tokenomic. Queremos que sea más propiedad de la comunidad, como puedes ver en nuestro tokenomic, dejaríamos el 20% a los miembros de nuestra comunidad, y el 25% para la liquidez, así que sí, es bastante improbable para un ataque del 51%

Andrés M. | Satoshi Club

Well done, you have thought about everything, congratulations to your team

Jack Wu

Have I survived the test ? haha

Henry Rodriguez | Satoshi Club 🇻🇪

Bien hecho, han pensado en todo, enhorabuena a tu equipo

¿He sobrevivido a la prueba? jaja

Andrés M. | Satoshi Club

Haha for sure, your qualification is 100/100 until now, let’s wait that final score after next question

Jack Wu

okies

Andrés M. | Satoshi Club

Ready to proceed with the last question of this first part of the AMA or do you want to add something before?

Jack Wu

nope

Henry Rodriguez | Satoshi Club 🇻🇪

Jaja seguro, tus calificaciones son 100/100 hasta ahora, esperemos que la puntuación final después de la próxima pregunta

Jack Wu

We can move on

Henry Rodriguez | Satoshi Club 🇻🇪

¿Listo para continuar con la última pregunta de esta primera parte del AMA o quieres añadir algo antes?

Henry Rodriguez | Satoshi Club 🇻🇪

No

Podemos movernos

Andrés M. | Satoshi Club

P5 del usuario de Telegram @ysasoma

in your Twitter you mention that for you the loyalty of a user should be judged by their properties and how committed they are and that is what you believe in #FreeCity, but, what rewards do loyal users receive to #FreeCity, that is, how do you motivate them to acquire properties in the project, also I would like to know, what should a user do to acquire a property, what are the prices in which these hover?

…………………………………………………………………………………………………………………………….

en tu Twitter mencionas que para ti la lealtad de un usuario debe ser juzgada por sus propiedades y cuán comprometidos están y eso es lo que crees en #FreeCity, pero, ¿qué recompensas reciben los usuarios fieles a #FreeCity, es decir, cuánto los motivas a adquirir propiedades en el proyecto, tambien me gustaria saber, que debe hacer un usuario para adquirir una propiedad, cuales son los precios en los que estas rondan?

Jack Wu

It all depends on the campaign, different campaigns we will have different rewards, either via token via NFTs.

Either way, we have different mechanisms, time of interaction and also some milestones

Henry Rodriguez | Satoshi Club 🇻🇪

Todo es diferente en la campaña, diferentes campañas tendremos diferentes recompensas, ya sea vía token vía NFTs.

De cualquier manera, tenemos diferentes mecanismos, tiempo de interacción y también algunos hitos

Andrés M. | Satoshi Club

Excellent answer Jack, I’m eager to have my own property

Jack Wu

Thank you

Henry Rodriguez | Satoshi Club 🇻🇪

Excelente respuesta Jack, estoy deseando tener mi propia propiedad

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias

Andrés M. | Satoshi Club

Well, we are ready to proceed with the second part of the AMA. I hope you have your umbrella because a rain of questions are coming

Henry Rodriguez | Satoshi Club 🇻🇪

Bueno, estamos listos para proceder con la segunda parte del AMA. Espero que tengan su paraguas porque se avecina una lluvia de preguntas

Andrés M. | Satoshi Club

@Jack_FCC would you like to share the social networks of the project before we open the chat?

Jack Wu

yes

Henry Rodriguez | Satoshi Club 🇻🇪

@Jack_FCC ¿quieres compartir las redes sociales del proyecto antes de abrir el chat?

Henry Rodriguez | Satoshi Club 🇻🇪

Si

Jack Wu

It’d be great if you guys can follow us on

Website: https://www.free-city.io/

Twitter: https://twitter.com/FreeCity_OS

Discord: https://discord.com/invite/MjhkdZ6GeP

Facebook: https://www.facebook.com/gaming/FreeCityOfficial

Andrés M. | Satoshi Club

Let’s join Satoshiclubbers, go go go

Henry Rodriguez | Satoshi Club 🇻🇪

Vamos a unirnos a Satoshiclubbers, go go go

Luis Merino 🇪🇸 | Satoshi Club

I’m back!

Jack Wu

Welcome back

Henry Rodriguez | Satoshi Club 🇻🇪

Estoy de regreso

Luis Merino 🇪🇸 | Satoshi Club

Haha, thank you Jack

Henry Rodriguez | Satoshi Club 🇻🇪

Bienvenido de nuevo

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias jack

Luis Merino 🇪🇸 | Satoshi Club

So, we can now proceed with part 2, right?

Jack Wu

yes ser

Luis Merino 🇪🇸 | Satoshi Club

Let’s go!

Luis Merino 🇪🇸 | Satoshi Club

Querida comunidad, preparen sus preguntas

Henry Rodriguez | Satoshi Club 🇻🇪

Así que, ahora podemos proceder con la parte 2, ¿verdad?

Vamos

Part 2 — live questions from the Telegram community

Q1 from Telegram user @laaf0

You mention that FreeCity is the first platform to introduce Test of Interaction, why does FreeCity use it and its competitors don’t? What advantages does it bring to the project?

Usted menciona que FreeCity es la primera plataforma en introducir Test of Interaction, ¿por qué FreeCity la usa y sus competidores no? ¿Qué ventajas aporta al proyecto?

Jack Wu

I think it’s not because of they don’t use it, I feel like from a person who have gained success from Web2, I can’t stop thinking that it’s a waste for the web3 ecosystem, since the entry level is so high, we wanted to build something that is easy for non tech savy person to use

Creo que no es por que no lo usen, siento que de una persona que ha tenido éxito con la Web2, no puedo dejar de pensar que es un desperdicio para el ecosistema de la web3, ya que el nivel de entrada es tan alto, queríamos construir algo que sea fácil de usar para las personas no expertas en tecnología.

Q2 from Telegram user @lalshari938

How did you get the community involved in developing the project? and how do you build a strong community to grow globally?

Jack Wu

I think it’s through what we’re doing now, it’s full transparency communication.

Having the humility to know that the community have poured in their time and funds to support what we’re trying to build and acknowledge every single effort into it.

Creo que lo que estamos haciendo ahora es una comunicación totalmente transparente.

Tener la humildad de saber que la comunidad ha aportado su tiempo y sus fondos para apoyar lo que estamos tratando de construir y reconocer cada uno de los esfuerzos realizados.

Q3 from Telegram user @Gemshunter22

IS YOUR platform only for Web 3? Does it supports web 2 and what are your priorities and long term visions? Why do you have choosen blockchain industry?

¿SU plataforma ES solo para Web 3? ¿Es compatible con web 2 y cuáles son sus prioridades y visiones a largo plazo? ¿Por qué has elegido blockchain?

Jack Wu

No we’re the bridge that links both together, I think the reason why I chose blockchain as the industry to tackle is because of the decentralization aspect.

And I mean it like decentralization all the way, either in the consensus algo, organization decisions

No, somos el puente que une a ambos, creo que la razón por la que elegí blockchain como la industria a abordar es por el aspecto de la descentralización.

Y lo digo como la descentralización todo el camino, ya sea en el consenso algo, las decisiones de la organización

Q4 from Telegram user @lalshari938

Non-crypto user is very important for mainstream adoption. How you are planning to attract non-crypto users towards your project ? Is there any upcoming partnership that will brings non-crypto user and real-use case ?

Jack Wu

This is why we decided to launch the social audio platform first, our platform is fiat-supported and users can also import their wallet for custody purposes, in this way we’ll be able to link and record the user activities on their account.

No need to log in to metamask unless you choose to

Por eso hemos decidido lanzar primero la plataforma de audio social, nuestra plataforma es compatible con fiat y los usuarios también pueden importar su cartera para su custodia, de esta manera podremos vincular y registrar las actividades del usuario en su cuenta.

No es necesario iniciar sesión en metamask a menos que lo elijas

Q5 from Telegram user @lalshari938

Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Jack Wu

As mentioned, it’s for the community members, or should I say the parliament members of FreeCity to decide.

I think in a sense, we aim to make this platform community owned, so for these types of actions, it needs to be discussed with our largest stakeholders, the users

Como se ha mencionado, son los miembros de la comunidad, o debería decir los miembros del parlamento de FreeCity, los que deben decidir.

Creo que, en cierto sentido, nuestro objetivo es hacer que esta plataforma sea propiedad de la comunidad, por lo que para este tipo de acciones, debe ser discutido con nuestros mayores interesados, los usuarios

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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

Our partners:
Website: https://www.free-city.io/

Twitter: https://twitter.com/FreeCity_OS

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 FreeCity Russian and our guest was . The AMA took place on the 26th of March

The AMA session was divided into 3 parts with a total crypto reward pool of $100

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

Привет Сатоши Клаб! Мы рады объявить нашу АМА с FreeCity Russian! Добро пожаловать в Сатоши Клаб (Русскоязычный чат) / Hello  Satoshi Club! We are happy to announce our AMA session with FreeCity Russian! Welcome to Satoshi Club Russian

Gold Rocket | Satoshi Club

Hello again, dear Satoshi Club community!  / И снова здравствуйте, уважаемое сообщество Satoshi Club!

Today our guest is / Сегодня наш гость @Jack_FCC

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club, @Jack_FCC

Привет и добро пожаловать в Сатоши Клуб!

Jack Wu

Hi guys

Mary | Satoshi Club

Welcome here  / добро пожаловать

Jack Wu

Hope everyone is having a safe and wonderful day

Gold Rocket | Satoshi Club

nice to e-meet you!/ Рады вас приветствовать

Hope everyone is having a safe and wonderful day‌‌

Перевод: en-ru

Надеюсь, у всех есть безопасный и прекрасный день‌‌

Jack Wu

Pleasure is mine

Mary | Satoshi Club

Что же, давайте начинать нашу АМА  / so, let’s start our AMA

Jack Wu

Let’s

Gold Rocket | Satoshi Club

thanks! I hope you enjoy today too! Спасибо! надеюсь, вам тоже сегодня понравится у нас в гостях

Introduce yourself please. How did you get to be involved in crypto & FreeCity ?  / Давайте начнем! Представьтесь, пожалуйста. Как вы оказались вовлечены в криптовалюту и FreeCity

Tell us please about your position in FreeCity

Jack Wu

Hi guys, my name is Jack Wu, Im the Founder and CEO of FreeCity, we are trying to build the largest web3 bridging infrastructure and user aggregation platform

Gold Rocket | Satoshi Club

Hi guys, my name is Jack Wu, Im the Founder and CEO of FreeCity, we are trying to build the largest web3 bridging infrastructure and user aggregation platform‌‌

Перевод: en-ru

Привет, ребята, меня зовут Джек Ву, я основатель и генеральный директор FreeCity, мы пытаемся построить крупнейшую инфраструктуру моста web3 и платформу агрегации пользователей.‌‌

Gold Rocket | Satoshi Club

What is the essence of FreeCity?

В чем суть вашего проекта?

Mary | Satoshi Club

When did you start to develop FreeCity? / Когда вы начали развивать FreeCity?

Jack Wu

I’m an ex-intel developer and now I’m a serial entrepreneur and Angel Investor

I got into the world of Blockchain back in 2017

Gold Rocket | Satoshi Club

I’m an ex-intel developer and now I’m a serial entrepreneur and Angel Investor‌‌

Перевод: en-ru

Я бывший разработчик Intel, а теперь серийный предприниматель и ангел-инвестор.‌‌

Gold Rocket | Satoshi Club

I got into the world of Blockchain back in 2017‌‌

Перевод: en-ru

Я попал в мир Blockchain еще в 2017 году.‌‌

Jack Wu

And notice that the web3 ecosystem is very closed in a sense

Gold Rocket | Satoshi Club

And notice that the web3 ecosystem is very closed in a sense‌‌

Перевод: en-ru

И обратите внимание, что экосистема web3 в некотором смысле очень закрыта.‌‌

Jack Wu

Where it is only friendly towards the Tech savy

Gold Rocket | Satoshi Club

Where it is only friendly towards the Tech savy‌‌

Перевод: en-ru

Где он дружелюбен только к технически подкованным‌‌

Gold Rocket | Satoshi Club

Absolutely agree

Jack Wu

Which I don’t think is the majority of the population

Gold Rocket | Satoshi Club

Which I don’t think is the majority of the population‌‌

Перевод: en-ru

Я не думаю, что это большинство населения.‌‌

Jack Wu

From my past experience, this is a huge problem and it needs to be fixed

That’s why we started FreeCity

Gold Rocket | Satoshi Club

nevertheless mass adoption comes тем не менее массовое принятие приходит

Gold Rocket | Satoshi Club

По моему прошлому опыту, это огромная проблема, и ее нужно исправить‌‌

Перевод: en-ru

По моему прошлому опыту, это огромная проблема, и ее нужно исправить.‌‌

Вот почему мы запустили FreeCity‌‌

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core? / Также мы хотели бы узнать больше о вашей команде. Кто входит в ядро   команды проекта?

Jack Wu

A Free Environment where people can explore the beautiful of both DeFi, GameFi, SocialFi, or whatever the future trend will be

Gold Rocket | Satoshi Club

A Free Environment where people can explore the beautiful of both DeFi, GameFi, SocialFi, or whatever the future trend will be‌‌

Перевод: en-ru

Свободная среда, в которой люди могут исследовать красоту DeFi, GameFi, SocialFi или любой другой будущей тенденции.‌‌

Jack Wu

Sure, there’s Sharon Yang, our CMO, a marketer and Crypto enthusiast that has more than 8 years exp in digital marketing and user acquisition

And Han, our CTO who used to be a Tech Lead in a public listed gaming Company.

Gold Rocket | Satoshi Club

Sure, there’s Sharon Yang, our CMO, a marketer and Crypto enthusiast that has more than 8 years exp in digital marketing and user acquisition

And Han, our CTO who used to be a Tech Lead in a public listed gaming Company.‌‌

Перевод: en-ru

Конечно, есть Шарон Янг, наш директор по маркетингу, маркетолог и криптоэнтузиаст с более чем 8-летним опытом работы в цифровом маркетинге и привлечении пользователей.

И Хан, наш технический директор, который раньше был техническим руководителем в публичной игровой компании.‌‌

Jack Wu

The team has had years of experience in building a product that attracts users and have the know how to retain said users

I’m proud of what we’ve built and Im so excited to share our Vision with your Community members today

Gold Rocket | Satoshi Club

Sure, there’s Sharon Yang, our CMO, a marketer and Crypto enthusiast that has more than 8 years exp in digital marketing and user acquisition

And Han, our CTO who used to be a Tech Lead in a public listed gaming Company.‌‌

Перевод: en-ru

Конечно, есть Шарон Янг, наш директор по маркетингу, маркетолог и криптоэнтузиаст с более чем 8-летним опытом работы в цифровом маркетинге и привлечении пользователей.

И Хан, наш технический директор, который раньше был техническим руководителем в публичной игровой компании.‌‌

Gold Rocket | Satoshi Club

I’m proud of what we’ve built and Im so excited to share our Vision with your Community members today‌‌

Перевод: en-ru

Я горжусь тем, что мы создали, и я так рад поделиться нашим видением с членами вашего сообщества сегодня.‌‌

Gold Rocket | Satoshi Club

@Jack_FCC You have a really great background and a great team! This is half the success У вас действительно отличный бэкграунд и отличная команда! Это половина успеха

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start? /

Спасибо за отличное введение, у нас будет несколько вопросов, выбранных для Части 1. Готовы начать?

Jack Wu

sure

Gold Rocket | Satoshi Club

Q1 from Telegram user @ghostofcharmeleon

Привет, команда FreeCity.

В дорожной карте вашего проекта отмечено, что в первом квартале состоится seed раунд финансирования. Расскажите пожалуйста, сколько финансирования удалось собрать в рамках этого раунда? Можете нам рассказать какие фонды приняли в нем участие? Также после seed раундов обычно идут либо раунды приватных продаж, либо сразу публичные продажи. В вашей карте я не увидел, когда планируется публичная продажа. Расскажите пожалуйста об этом и в каком виде это планируется провести? Будут это IDO на сторонних площадках партнерах, будет ли белый список или может быть какие-то другие дополнительные условия?

===================================

Hello, FreeCity team.

In the roadmap of your project, it is noted that a seed round of financing will take place in the first quarter. Please tell us how much funding was raised during this round? Can you tell us which funds took part in it? Also, after the seed rounds, there are usually either private sales rounds or public sales immediately. I didn’t see in your map when the public sale is planned. Please tell us about this and in what form it is planned to be carried out? Will it be IDO on third-party partner sites, will there be a white list or maybe some other additional conditions?

Jack Wu

Unfortunately, this is something we can’t disclose at this moment of time as we are still going through the legal processes. After the seed round we are looking into both private sale, and an IDO, we will run several campaigns to identify and reward our early users the whitelist access.

Mary | Satoshi Club

You even can’t disclose how much did you raise?

Gold Rocket | Satoshi Club

Unfortunately, this is something we can’t disclose at this moment of time as we are still going through the legal processes. After the seed round we are looking into both private sale, and an IDO, we will run several campaigns to identify and reward our early users the whitelist access.‌‌

Перевод: en-ru

К сожалению, это то, что мы не можем раскрыть в данный момент, так как мы все еще проходим юридические процессы. После начального раунда мы рассматриваем как частную продажу, так и IDO, мы проведем несколько кампаний, чтобы определить и вознаградить наших первых пользователей за доступ к белому списку.‌‌

Jack Wu

for the seed round

Mary | Satoshi Club

Вы даже не можете разглашать сколько вы собрали?

Gold Rocket | Satoshi Club

for the seed round‌‌

Перевод: en-ru

для посевного раунда‌‌

Jack Wu

it’s 3Million USD, other than that nothing much we cant disclose

Gold Rocket | Satoshi Club

it’s 3Million USD, other than that nothing much we cant disclose‌‌

Перевод: en-ru

это 3 миллиона долларов США, кроме этого мы ничего не можем раскрыть‌‌

Jack Wu

But we will release the details on our social when all the black and white is done

Gold Rocket | Satoshi Club

Got it

But we will release the details on our social when all the black and white is done‌‌

Перевод: en-ru

Но мы опубликуем подробности в нашей социальной сети, когда все черно-белое будет сделано.‌‌

Mary | Satoshi Club

О, понятно! Очень неплохо! / Gotcha! Very nice sum!

Jack Wu

Thank you

Mary | Satoshi Club

Thank you for your answers! Ready to proceed? / Спасибо за ответы! Готовы продолжать?

Jack Wu

Yes

Gold Rocket | Satoshi Club

Q2 from Telegram user   @MudaraSilva

Изучая экосистему FreeCity, я заметил, что функция «взаимодействуй, чтобы заработать» является общей для платформ FreeCity, Liquidity Platform и Social Platform. Кажется, что пользователям приходится по-разному взаимодействовать на этих трех платформах. Не могли бы вы объяснить методы взаимодействия на каждой платформе? Должны ли они взаимодействовать с другими пользователями или с платформой? Как рассчитать вознаграждение за взаимодействие?

===================

While exploring FreeCity Ecosystem, I noticed that “interact to earn” feature is common for FreeCity Platform, Liquidity Platform, and Social Platform. It seems that users have to interact in different ways on these three platforms. Can you please explain about interacting methods on each platform? Should they interact with other users or with the platform? How do you calculate rewards for interactions?

Jack Wu

So for the social platform, it would be based on the time and interactions you’ve put in to the social platform along with the milestones you hit that will determine on the rewards.

Gold Rocket | Satoshi Club

So for the social platform, it would be based on the time and interactions you’ve put in to the social platform along with the milestones you hit that will determine on the rewards.‌‌

Перевод: en-ru

Таким образом, для социальной платформы это будет основываться на времени и взаимодействиях, которые вы вложили в социальную платформу, а также на достигнутых вами этапах, которые будут определять вознаграждение.‌‌

Jack Wu

For Liquidity Platform and our Game Center, it’s more milestone based.

For example, trading volume exceeded 100 USD

Gold Rocket | Satoshi Club

For Liquidity Platform and our Game Center, it’s more milestone based.

For example, trading volume exceeded 100 USD‌‌

Перевод: en-ru

Для платформы Liquidity и нашего Game Center это больше основано на вехах.

Например, объем торгов превысил 100 долларов США.‌‌

Jack Wu

and you get awarded a badge   ( NFT ) and other rewards

Mary | Satoshi Club

Все эти платформы уже запущены? Если нет, то когда вы ожидаете их запуск? / Are all this platforms live? If no, when do you expect their launch?

Gold Rocket | Satoshi Club

and you get awarded a badge   ( NFT ) and other rewards‌‌

Перевод: en-ru

и вы получаете значок ( NFT ) и другие награды‌‌

Jack Wu

And at the same time, our partners will be able to set the rewards they’d like to provide to our community members

Gold Rocket | Satoshi Club

And at the same time, our partners will be able to set the rewards they’d like to provide to our community members‌‌

Перевод: en-ru

И в то же время наши партнеры смогут устанавливать вознаграждения, которые они хотели бы предоставлять членам нашего сообщества.‌‌

Jack Wu

As of now we are looking into launching the social platform first, in which is going to be launched early April

Gold Rocket | Satoshi Club

As of now we are looking into launching the social platform first, in which is going to be launched early April‌‌

Перевод: en-ru

На данный момент мы рассматриваем возможность запуска социальной платформы, которая будет запущена в начале апреля.‌‌

Jack Wu

then the game center would follow after that, which we aim to deliver by the end of Q2

Gold Rocket | Satoshi Club

then the game center would follow after that, which we aim to deliver by the end of Q2‌‌

Перевод: en-ru

затем за ним последует игровой центр, который мы стремимся предоставить к концу второго квартала.‌‌

Mary | Satoshi Club

Very soon! Perfect! As for social platform to be successful it should have a lot of users. So, how many users do you expect for the beginning? / Очень скоро! Для социальной платформы, чтобы быть успешной нужно больше количество пользователей. Сколько пользователей вы ожидаете для начала?

Jack Wu

For the beggining we’re looking into bringing in at least 200,000 users on top to the social platform.

Gold Rocket | Satoshi Club

For the beggining we’re looking into bringing in at least 200,000 users on top to the social platform.‌‌

Перевод: en-ru

Для начала мы планируем привлечь не менее 200 000 пользователей на социальную платформу.‌‌

Jack Wu

And this is very doable given the user acquisition of Web2 users are relatively low

Gold Rocket | Satoshi Club

And this is very doable given the user acquisition of Web2 users are relatively low‌‌

Перевод: en-ru

И это очень выполнимо, учитывая, что количество пользователей Web2 относительно невелико.‌‌

Jack Wu

We hope to hit 1 million MAU by the end of the quarter

Mary | Satoshi Club

Отлично! Желаю достичь поставленных целей! / Fine! I want you to achieve your goals!

Gold Rocket | Satoshi Club

We hope to hit 1 million MAU by the end of the quarter‌‌

Перевод: en-ru

Мы надеемся достичь 1 млн MAU к концу квартала.‌‌

Gold Rocket | Satoshi Club

Thanks for your great answers

Jack Wu

thank you ser

Mary | Satoshi Club

Thank you for your answers! Ready to proceed? / Спасибо за ответы! Готовы продолжать?

Gold Rocket | Satoshi Club

Q3 from Telegram user @Cheriemike

Что касается управления FreeCity, пользователям предоставляется право голосовать за будущие направления вашей платформы. Итак, я хотел бы, чтобы вы сообщили нам, когда начнется процесс управления FreeCity? Будет ли покупка большего количества токенов $FCC гарантировать большее количество голосов, которое будет иметь пользователь? Вы уже перечислили некоторые функции, за которые пользователи будут голосовать для успешного роста вашей платформы? Есть ли у вас планы по созданию FreeCity DAO? Пожалуйста, объясните Спасибо

=======================

As far as the governance of FreeCity is concerned, users are given the right to vote on the future directions of your platform. So, I would like you to let us know when the FreeCity management process will start? Will buying more $FCC tokens guarantee more votes a user will have? Have you already listed some of the features that users will vote on for the successful growth of your platform? Do you have any plans to create FreeCity DAO? Please explain Thank you

Jack Wu

Well, the governance platform will be live on Q4 2022

Gold Rocket | Satoshi Club

Well, the governance platform will be live on Q4 2022‌‌

Перевод: en-ru

Что ж, платформа управления будет запущена в четвертом квартале 2022 года.‌‌

Jack Wu

We’ll have different weights in the votes given that we dont believe that loyal users should be determined by the amount of tokens they owned

Gold Rocket | Satoshi Club

We’ll have different weights in the votes given that we dont believe that loyal users should be determined by the amount of tokens they owned‌‌

Перевод: en-ru

У нас будет разный вес голосов, учитывая, что мы не считаем, что лояльность пользователей должна определяться количеством токенов, которыми они владеют.‌‌

Jack Wu

We can identify long-term contributors based on the  data we created via Proof of Interaction

Gold Rocket | Satoshi Club

We can identify long-term contributors based on the  data we created via Proof of Interaction‌‌

Перевод: en-ru

Мы можем идентифицировать долгосрочных участников на основе данных, которые мы создали с помощью Proof of Interaction.‌‌

Jack Wu

and provide a voice to our real users

Gold Rocket | Satoshi Club

and provide a voice to our real users‌‌

Перевод: en-ru

и предоставить голос нашим реальным пользователям‌‌

Jack Wu

so I think in a sense, owning more tokens will provide you more vote, but it is not the only factor we look at

Gold Rocket | Satoshi Club

so I think in a sense, owning more tokens will provide you more vote, but it is not the only factor we look at‌‌

Перевод: en-ru

поэтому я думаю, что в некотором смысле владение большим количеством токенов даст вам больше голосов, но это не единственный фактор, на который мы обращаем внимание.‌‌

Jack Wu

Our end goal is to be a community owned DAO

so we need to take every single stakeholder’s contribution into account

Gold Rocket | Satoshi Club

Our end goal is to be a community owned DAO‌‌

Перевод: en-ru

Наша конечная цель — стать DAO, принадлежащей сообществу.‌‌

Gold Rocket | Satoshi Club

so we need to take every single stakeholder’s contribution into account‌‌

Перевод: en-ru

поэтому мы должны принять во внимание вклад каждой заинтересованной стороны‌‌

Gold Rocket | Satoshi Club

Thanks for your great answers! Do you want to add something? Or can we proceed with the next question?

Jack Wu

Let’s proceed

Gold Rocket | Satoshi Club

Q4 from Telegram User @Maksyrn

FreeCity является первой платформой, которая представила Proof of Interaction. Как этот протокол объясняется простыми словами? Для чего он служит? Для Web 3 или Web 2 ? Какие преимущества он дал проекту?

———

FreeCity is the first platform to introduce Proof of Interaction. How is this protocol explained in simple terms? What does it serve? For Web 3 or Web 2? What benefits did he give to the project?

Gold Rocket | Satoshi Club

partially answered, but perhaps you have an addendum since our users are so interested in this topic. частично ответил, но, возможно, у вас есть дополнение, так как наши пользователи так интересуются этой темой.

Jack Wu

The core of marketing has not changed over the transition from Web2 and Web3 regardless,

To be honest I don’t think it matters if the users is on Web2 or Web3.

When we’re on Twitter, Telegram, we don’t emphasize on we’re TCP/IP users.

We hope to build an experience where users can experience the beauty of Web3 without knowing they are on Web3.

it is all about the users. While projects like YGG & Sandbox are building the best in-game experience, they do not have the necessary tools to identify their most loyal users and build campaigns around them.

But now they can, with FreeCity’s Proof of Interaction, where we help encourage users to support by providing their attention and interaction and get rewarded for it, whether it be their tokens or NFTs.

Gold Rocket | Satoshi Club

The core of marketing has not changed over the transition from Web2 and Web3 regardless,

To be honest I don’t think it matters if the users is on Web2 or Web3.

When we’re on Twitter, Telegram, we don’t emphasize on we’re TCP/IP users.

We hope to build an experience where users can experience the beauty of Web3 without knowing they are on Web3.

it is all about the users. While projects like YGG & Sandbox are building the best in-game experience, they do not have the necessary tools to identify their most loyal users and build campaigns around them.

But now they can, with FreeCity’s Proof of Interaction, where we help encourage users to support by providing their attention and interaction and get rewarded for it, whether it be their tokens or NFTs.‌‌

Перевод: en-ru

Суть маркетинга не изменилась при переходе от Web2 к Web3, несмотря ни на что.

Честно говоря, я не думаю, что имеет значение, находятся ли пользователи в Web2 или Web3.

Когда мы в Twitter, Telegram, мы не подчеркиваем, что являемся пользователями TCP/IP.

Мы надеемся создать среду, в которой пользователи смогут ощутить красоту Web3, даже не подозревая, что они находятся в Web3.

все дело в пользователях. Хотя такие проекты, как YGG и Sandbox, создают лучший игровой опыт, у них нет необходимых инструментов для выявления своих самых лояльных пользователей и создания вокруг них кампаний.

Но теперь они могут это сделать с Proof of Interaction от FreeCity, где мы помогаем поощрять пользователей к поддержке, уделяя им внимание и взаимодействие и получая за это вознаграждение, будь то их токены или NFT.‌‌

Gold Rocket | Satoshi Club

These are very ambitious plans! You are really cool guys

Jack Wu

Thank you for your kind wordss

Mary | Satoshi Club

Does it mean that you want (plan) to partner with Sandbox or YGG? / Значит ли это что вы хотите (планируете) партнерство с Sandbox or YGG?

Jack Wu

Yeah, we want to work with different partners

not just Guilds or DAOs

Gold Rocket | Satoshi Club

Yeah, we want to work with different partners‌‌

Перевод: en-ru

Да, мы хотим работать с разными партнерами‌‌

Gold Rocket | Satoshi Club

not just Guilds or DAOs‌‌

Перевод: en-ru

не только гильдии или DAO‌‌

Jack Wu

I think any projects that wants to bring in more users from the Web2 world

Mary | Satoshi Club

Thank you for your answers! Ready for the next question? / Спасибо за ответы! Готовы к следующему вопросу?

Jack Wu

would be a good partner for us

Yes

Gold Rocket | Satoshi Club

would be a good partner for us

Перевод: en-ru

будет хорошим партнером для нас

Mary | Satoshi Club

Да, несомненно! / Yes, for sure

Gold Rocket | Satoshi Club

Q5 from Telegram User @NataliyaKil

На 4 квартал 2022 года вы запланировали организовать гильдии. Какое количество гильдий будет на первом этапе, планируете ли вы со временем увеличивать их количество? Какие функции будут принадлежать гильдиям, в чём будут заключаться обязанности членов гильдий, и как новые игроки смогут к ним присоединиться?

———–

For the 4th quarter of 2022, you have planned organize Guilds . How many guilds will be in the first stage, do you plan to increase their number over time? What functions will guilds own, what will be the duties of guild members, and how will new players be able to join them?

Jack Wu

Haha, that’s a good answer, well at that point I expect our team to launch and integrate multiple games on top of our platform, so it depends on that.

Gold Rocket | Satoshi Club

Haha, that’s a good answer, well at that point I expect our team to launch and integrate multiple games on top of our platform, so it depends on that.‌‌

Перевод: en-ru

Ха-ха, это хороший ответ, ну, в этот момент я ожидаю, что наша команда запустит и интегрирует несколько игр поверх нашей платформы, так что все зависит от этого.‌‌

Jack Wu

sorry I meant that’s a good question

haha

The duties of the guild will be determined by the types of game we launched and by our partners

Gold Rocket | Satoshi Club

sorry I meant that’s a good question‌‌

Перевод: en-ru

извините, я имел в виду, что это хороший вопрос‌‌

Gold Rocket | Satoshi Club

The duties of the guild will be determined by the types of game we launched and by our partners‌‌

Перевод: en-ru

Обязанности гильдии будут определяться типами игр, которые мы запускаем, и нашими партнерами.‌‌

Jack Wu

I think for our games, you dont need much qualification to join

to us, it’s just a way to build real connections with our users

that’s the important bit

Gold Rocket | Satoshi Club

I think for our games, you dont need much qualification to join‌‌

Перевод: en-ru

Я думаю, что для наших игр не нужно много квалификации, чтобы присоединиться‌‌

Gold Rocket | Satoshi Club

to us, it’s just a way to build real connections with our users‌‌

Перевод: en-ru

для нас это просто способ установить настоящие связи с нашими пользователями‌‌

Gold Rocket | Satoshi Club

that’s the important bit

Перевод: en-ru

это важный момент ‌‌

Mary | Satoshi Club

У вас уже есть партнерства о которых вы готовы обьявить? /Do you already have partnerships that you are ready to announce?

Jack Wu

Well there’s BitMart and GSR

HECO

Apart from that

Gold Rocket | Satoshi Club

Well there’s BitMart and GSR‌‌

Перевод: en-ru

Ну есть BitMart и GSR‌‌

Jack Wu

Undisclosable

Mary | Satoshi Club

Отличные партнёры  / excellent partners

Gold Rocket | Satoshi Club

Apart from that‌‌

Перевод: en-ru

Кроме того‌‌

Jack Wu

Thank you

Mary | Satoshi Club

Спасибо за отличную первую часть  готовы к живой части? / Thank you for this great first part.Ready for the live part?

Jack Wu

yes

Mary | Satoshi Club

Let’s go  / поехали

Part 2 — live questions from the Telegram community

Q1 from Telegram user @niko518

Did you take into account community feedback/requests when developing your product in order to come up with new project ideas? Many initiatives fail as a result of a lack of understanding of the target audience and clients. So, who is your product’s ideal customer?

Учитывали ли вы отзывы/просьбы сообщества при разработке своего продукта, чтобы предлагать новые идеи для проектов? Многие инициативы терпят неудачу из-за непонимания целевой аудитории и клиентов. Итак, кто является идеальным покупателем вашего продукта?

Jack Wu

As mentioned before, our end goal is to be community owned so of course we will take in any feedback, any constructive criticism from our community members.

I mean, our product is kind of a super app built on the Web3 ecosystem while bridging to the Web2 world, so we dont have a preference now.

As we grow for each sector, we will elect team lead to oversee the operations of SocialFi, DeFi, GameFi, so that the team would not be spread too thin.

Перевод: en-ru
Как упоминалось ранее, наша конечная цель — быть частью сообщества, поэтому, конечно, мы примем любые отзывы, любую конструктивную критику от членов нашего сообщества.

Я имею в виду, что наш продукт — это своего рода суперприложение, созданное на основе экосистемы Web3, но в то же время связанное с миром Web2, поэтому сейчас у нас нет предпочтений.

По мере нашего роста в каждом секторе мы будем выбирать руководителя группы, который будет контролировать работу SocialFi, DeFi, GameFi, чтобы команда не была слишком разбросана.‌‌

Q2 from Telegram user @rinnguyen

On every NFT Gaming platforms, there are Rare NFTs but in reality they are not Rare by any means,What makes Your NFT Rare and why should users collect & Mint it?

На каждой игровой платформе NFT есть редкие NFT, но на самом деле они ни в коем случае не являются редкими,Что делает ваш NFT редким и почему пользователи должны собирать и чеканить его?

Jack Wu

The higher level you hit ( more milestone you hit ) the NFT you get is definitely rarer‌‌

Перевод: en-ru
Чем выше уровень, который вы достигаете (чем больше вех вы достигаете), тем реже вы получаете NFT.‌‌

Q3 from Telegram user @Akay_op

Are there any kyc or formalities required to join your platform?

Требуются ли какие-либо KYC или формальности для присоединения к вашей платформе?

Jack Wu

For our plaform no, but in terms of IDO, we will have to comply to the regulations of the IDO platform, so stay tuned for any updates on our social‌‌

Перевод: en-ru
Для нашей платформы нет, но с точки зрения IDO нам придется соблюдать правила платформы IDO, поэтому следите за обновлениями в нашей социальной сети.‌‌

Q4 from Telegram user @Madan94495721

Free City планирует развернуть DOT/SOL, чтобы стать мультичейном, в первом квартале 2022 года. Что заставляет команду и разработчиков Free City выбирать эти две сети на первый взгляд?

---

Free City is planning to deploy DOT/SOL in order to be Multi-Chain in Q1 of 2022. What makes Free City team and developers to opt these two chain at first glance?

Jack Wu

We will be first deployed on BSC deal to its cheap transaction fee and large user based.

However, we are chain agnostic, so apart from being the bridge between Web2 and Web3, we aim to help connect different protocols as well. So it’s not limited to Dot and Sol

Перевод: en-ru
Сначала мы будем развернуты в рамках сделки BSC с ее низкой комиссией за транзакцию и большим числом пользователей.

Тем не менее, мы не зависим от цепочки, поэтому, помимо того, что мы являемся мостом между Web2 и Web3, мы также стремимся помочь связать различные протоколы. Так что это не ограничивается Дотом и Солом

Q5 from Telegram user @Ravan_since_1996

Can we see “FreeCity” collaborating with other brands in the coming days of the future? What do you guys think about it?

Можем ли мы увидеть сотрудничество FreeCity с другими брендами в ближайшие дни в будущем? Что вы, ребята, думаете об этом?

Jack Wu

Yes of course, as mentioned we want to connect and collab with different projects to build a better, diverse and robust community.

So, stay tuned for more updates our socials.‌‌

Перевод: en-ru
Да, конечно, как уже упоминалось, мы хотим подключаться и сотрудничать с различными проектами, чтобы создать лучшее, разнообразное и сильное сообщество.

Так что следите за обновлениями в наших соцсетях.‌‌

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
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