AMA Satoshi Club x Xave Coin, March 11th

We are pleased to announce our next AMA on March 11th, 2022 at 01:00 PM UTC Time: Satoshi Club x Xave Coin

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Xave Coin 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. Xave Coin Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Xave Coin

For more details:
Xave Coin Website – xavecoin.io
Xave Coin Telegram – @XavecoinPlatform
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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46 thoughts on “AMA Satoshi Club x Xave Coin, March 11th

  1. From the whitepaper, I read about the Xave NFT marketplace which is a project aimed at being a DeFi Marketplace of non-fungible assets, incorporating, in addition to
    the current well-known NFT model, a new type of NFT that we intend to call “Non-Fungible Asset”
    (NFA). It was stated that this new concept would allow content creators to partition the traditional NFTs in equal parts
    in order to facilitate the commercialization of ownership percentages and their corresponding
    associated economic benefits, that is, their gains from owning ownership. In this way, the Xave
    protocol allows each of those ownership tokens to be able to accumulate profits and keep them
    associated until the owner withdraws them to his personal wallet, these parts can then be traded alone or with their accumulated profits, also considering its speculative value. I would like to know how secured the accumulated profits of users that are not willing to withdraw be? Is there any specific process needed to be followed before users can withdraw the accumulated profits??

  2. From your website, i understand that Xave develops as a comprehensive solution,  a combination of a 100% gamified digital/virtualspace, a metaverse called Xave Alphaverse. I’m curious to know, can you please tell us more about the Xave Alphaverse, what are the activities that can be carried out in the Xave Alphaverse that can be beneficial to users of the Xave Alphaverse? What are it’s other potentials/plans for the future to come? What are the requirements needed for users to be able to benefit from the Xave Alphaverse? Thank you.

  3. I interestingly read from your website that the Xave Coin is a“digital asset”,ERC20 and BEP20 type digital currency or token,deployed on Ethereum and Binance Smart Chain. I’m curious to know, can you please tell us what made you chose to work with Ethereum blockchain which has high gas fees compared to other Blockchain technologies and what made you chose to work with the Binance smart chain as well? What are the major benefits of both the Ethereum and the Binance smart chain to the Xave coin and to the Xave coin community? Thank you.

  4. Some good crypto projects have anonymous developers and stock images while some are real humans and well known and experience ones.

    Now, Can you tell me more about the team behind the project, their credibility, competent and other projects they have completed in the past and also their work experiences

  5. What attracts users or investors in any cryptocurrency is the whitepaper.

    Can you tell me more about your whitepaper and road map.
    what type of blockchain does Xeva coin operate on.

  6. One of the basic thing to concerned before investing in any token is investigating about the purpose of the coin.

    Now, Can you tell me more about the purpose of Xeva coin, what makes it different from other crypto coins. Finally, when are you planning to launch it.

  7. You made a sentence in your vision statement that “you envision being the main stage of the metaverse” .Please what do you mean by the statement, understanding that the metaverse comprises of content of science,technology, business, and entertainment? are you saying the Xafe Coin metaverse will be staging all the content that can exist in The Metaverse?if yes, why does your vision statement emphasized mainly in empowering the music industry alone, and your team of professionals are experienced in the music entertainment industry only?

  8. Hello Xave Coin. I understand that your company is strategically supported by four products.Namely:Xave Alphaverse/ metaverse (where users and their favourite artists meet face-to-face in shows ,concert, festivals, events ,and much more); Xave Gateway and Wallet; Xave Coin (designed for the exchange of products,good ,services,and for capitalisation of individuals groups, and companies. And it also seeks to solve several of the economic and financial challenges that the music and artistic entertainment industry is currently going through );and Xave NFT’s Marketplace. Please tell us, is the Xave Coin metaversewas open for all artist- not minding their class and height of fame ?does it have provision for promoting upcoming musicians and artists ?will there be an extra charge for holders who wish to attend the shows ,concert ,festivals, and much more on the metaverse? If yes, would there be price difference in attending shows of popular artist, to upcoming artist? also can you precisely tell us the several economic and financial challenges that the music and artistic entertainment industry is going through, that you seek to solve?

  9. Hello xave Coin. In project’s listing, whitelisted people are granted discounted price. Is it the same thing in Xave Coin company? If yes, please when are you starting your listing process? And are there other benefits whitelisted individuals benefits as the project comes to realization?

  10. Xave will allow in its first public versions the consumption and access to events and audiovisual content through a ticketing and access control mechanism governed by a specialized smart contract.could you elaborate on the ticketing and control mechanism? How is the smart contract executed in the case of the ticketing and access control mechanism?

  11. There are three types of tokens, $XVC, $WXVC and $SXVC. Can you briefly explain about these three tokens? I read about allocations of $XVC, but could not find any information about the supply and utilities of $WXVC and $SXVC. Can we exchange $WXVC and $SXVC to $XVC? What type of benefits do we get due to this three token structure?

  12. I noticed that we can join the priority list by subscribing your project. What are the advantages of joining this list? Can’t we participate in your public token sale without subscribing? Please explain about rules and regulations of your public sale. What is the estimated date for the sale? You have allocated 10% for the public sale. Compared to the allocation for the private sale, 2x has been allocated for the public sale. Generally, projects allocate more funds for private sales. What is the reason for considering public sale more important?

  13. According to your roadmap, launch of the Xave Wallet has been scheduled for this quarter. There are plenty of wallets in the market and I am using some of them. Why should I shift to your wallet? What type of facilities do you offer? Is it a mobile wallet or a web wallet? Currently, we are at the end of this quarter. How is the progress of designing the wallet?

  14. I read that the founder of Xave Coin was born in Argentina and speaks Spanish. I would like to know a little more about the history behind the creation of Xave Coin. Please tell us, what motivated you to create this great project? From your own perspective, how have you noticed the adoption of blockchain technology in Argentina and other Latin American countries? In what ways will Xave Coin encourage the adoption of cryptocurrencies in this region of the world? Will you focus the purpose of Xave Coin in Latin America? What new opportunities will Xave Coin bring to Latino and Spanish-speaking users? Is the whole team from Latin America? are you currently hiring?

  15. The most obvious benefit of NFTs is their potential to enable markets more efficient.
    they also employ different classes of rarity as regards to the platform in question. And It was Quiet interesting that your NFT Market place is Operational already. I would like to know the kind of Experience users would get in terms of Functions when visiting your MarketPlace, How about the NFTs in these MarketPlace? Can you please state the Rarities of these NFTs in your ecosystem? What Qualities does this NFTs posses? What are their Basic Functionalities and advantages? How does owning these NFTs Benefit their respective owners? How easy/difficult is it, in Getting These NFTs? Can these NFTs also be Archived through REWARDS or Events to keep your community Busy and Growing? Gracias!

  16. Going through your platform i came across some interesting Thread about Your NFTs which stated that Some NFTs grant a user the property of a physical asset, like the heart of Xave Market right now, which was an NFT of the first car of the legendary Diego Armando Maradona, which includes the registered trademark “El Auto de D10S” and the property of the actual car once owned by Maradona himself!!.. How cool can this Get? Can we please know how you Were able to Acquire these Legendary Maradona’s Car Artifacts? i would also like to know how Users can get their hands on one of these Cool NFTs, Is there a specific A Requirements a user must Meet in other for them to get these Legendary Rare piece of Artifacts? Thank you.

  17. After the completion of the 1st stage of the IEO of $XVC on Probit exchange yesterday, I found out that the 2nd stage and 3rd stage of the IEO of $XVC will be coming up on the 17th and 23rd of March respectively. Can you give some information about this? Will these IEO stages also take place on Probit exchange? How can interested users participate in this upcoming IEO stages? What are the requirements that interested users must meet to be eligible to participate in these IEO stages? Will users have to be whitelisted or complete any form of KYC verification to be eligible to participate? At what price will $XVC be sold for during these IEO stages?

  18. About the Xave World metaverse, “Xave World immerses the user in an open virtual world in constant expansion and change, where they can explore new places, play, create, and interact in an extraordinary way in different cities that will lead them to unique experiences”. I found out that the different cities that will exist in the Xave World metaverse include; “GoMusic City”, “Post-Apocalyptic Zone”, “Art District”, “SoundCulture Island”, “Wantaji” and “World Business City”. Can you give some details about these cities in Xave World? What are the main features of these cities and what specific use/activity are these cities designed for in Xave World? When exactly will the Xave World metaverse be available for download and which of these cities will be launched first?

  19. While going through your whitepaper, I noticed a feature called “Xave Infinity”. “Xave Infinity is an R&D proposal to develop a new class of decentralized infrastructure that takes advantage of Blockchain technology as a database, distributed and redundant storage for stateful applications and the use of virtualized networks for seamless and secure communication between nodes and safe process execution”. Xave Infinity is also said to be a blockchain capable of decentralizing any system currently programmed as centralized. Can you give a detailed explanation about how Xave Infinity would work? What will be the main functions of Xave Infinity and how will Xave Infinity benefit the Xave ecosystem and its users?

  20. I understand that Xave Impact Fund is an investment fund that will allocate 5% of its earnings as an investment to companies and organizations that generate a measurable positive impact. Xave Impact Fund will select companies and organizations under a strict evaluation in order to identify whether or not they can apply to access the fund. How will you go about this strict evaluation process of selecting organizations? Is there a fixed time frame for this process? What kinds of companies are you looking at supporting? Are there specific things you look out for in the companies to be selected? If there are, what are they?

  21. Xave Coin’s purpose is to tokenize various commercial and business projects globally based on technology and the various branches that are part of the art. Will this tokenization process bring about improved liquidity of assets? Is there a tokenization guide for tokenizing an asset on this Blockchain? And what are the benefits users get to enjoy? Also, you made mention of Xave Coin striving to solve some of the economic and financial challenges that the music and artistic entertainment industry is currently going through. What are some of the challenges the entertainment industry is facing and what strategies do you plan to adopt in tackling these challenges?

  22. In Xave World, I was made to understand that you can create and customize a character based on yourself and you will be able to choose among the different options to customize it: colours, hairstyles, hats, glasses, mouth shape, eyes, body shape, accessories, etc. Are all users qualified to create their own avatars? Are there conditions a user is expected to meet before he can customize an avatar to his taste? How simple will this customization process be and are there provisions for these avatars to be sold and rented out?

  23. One of Xave Gateway features are Staking on Virtual financial assetsand Staking for opening worlds in Xave Alphaverse.For staking on the virtual financial asset,you mentioned that this form of staking can be used for investment in activities that generate revenue for the asset.So can you explain to us the various activities that one can stake in that will generate revenue for the asset they stake on?The
    tokens placed in these schemes are locked for certain times for each offer,so can you tell us the different types of staking schemes you have,the amount to stake in the schemes and the lock up time frame before users can unstake?And to stake for opening worlds in Xave Alphaverse,two dates and a threshold to be crossed are established and staking in Alphaverse is fixed with no revenue.So can explain how the dates and threshold are established and why is it that this kind of staking comes with no profit?Don’t you think users will not be incline to stake in the Alphaverse?Please explain to us the yield percentage profit users can gain for staking in the Virtual Financial Asset. Thanks

  24. It is through that your Xave NFT Marketplace is currently live,but you said that your marketplace have some additional functions to those of your typical marketplace.So can you tell us the different features of your marketplace that is outstanding from other marketplace?I am interested in your Xave Music NFTs,so can you also tell the features of it and what is the benefits of users who purchase them?What are some of the NFTs that will grant users the property of a physical asset?In the Xave Marketplace,do you have a personalized features whereby a users can create their own design or avatar and then sell it?Can we get a glimpse of your NFTs either Lengendary or present artist?Please explain Thanks

  25. With $XVC token users can pay for VIP passes,OTT subscription and amongst others.So can you explain more on Xave VIP features?At what level or stage can one get to the VIP level and what is the amount of $XVC users have to obtained to pass through the VIP levels and how many levels do you have in the VIP section?Can you talk on the OTT subscriptions and do you have different subscriptions packages for the OTT?If yes,can you tell us including there duration and there tag prices?Highlight to us the benefits of being in the VIP level and subscribing the OTT model.Please explain Thanks

  26. Your vision is to bring artists closer to their fans in a unique environment That identifies them and allow them to express themselves, here they can also exhibit, make profits and exploit their art to the maximum. Just some few days ago we had an AMA with a project with similar goal. Can you explain to us how Xave coin will go about this? How will artist make profits and explore their arts on your platform? What plans have you also set for the fans too to earn while on Xave coin? What realistically makes you different from these other similar platforms? Is your platform specifically made for artists and the music industries? What about common crypto users who are not artist or fans of artist, what plans have you install for them also to earn income and remain profitable on Xave coin? Do they stand a chance on your platform too?

  27. It is challenging today for artist to earn maximum amount of income from the efforts they put in producing music, these artists earn lower due to distribution of the payment made be consumer by the platforms, as these platforms will require the user to play for for the service in which the payment will then be distributed to pay for the use of the platform i.e everything that is needed so that all parties involved receive their fees until finally reaching the artist, which will be a little Token left for the artist after the distribution. How will Xave coin change such an old and rooted paradigm in the lives of the artist, even the entire market and the consumers,so that artist can earn directly rather than through all this distributions?

  28. Will this Xave Metaverse only be for music, such as concerts? or will there be entertainment in it such as games, casino, cafe and can invite guest stars in the cafe? and if it’s only music please give the reason

  29. What will be the role of xave music community?
    And what are your plans for that area?

    Will you produce xave music nfts also

    Twitter- @Raturiarpit

  30. Xave coin being one of the products of “Xave”, is a digital currency oriented to the world of music and art,designed for the exchange of products, goods, services, and it’s purpose is to tokenize commercial and business projects based on technology. Can you share more information on xave coin and how users can acquire it? What are some main utilities of Xave token within the xave Metaverse? what is the minimum amount a user should have in exchange of goods and services? Will there be situations where users can user another token to carry out operation within the Xave Metaverse?

  31. With decentralization being focus of many crypto users currently, Xavecoin platform introduced Xave Infinity, a project to decentralized Xave gateway and I noted that Xave infinity will be a blockchain capable of decentralizing any system currently programmed as decentralized. Can you elaborate more on Xave Infinity project? how would Xave infinity as a blockchain to successful decentralize any system programmed to be centralized? How and what are the requirements for users can users’ access Xave Infinity project?

    1. With decentralization being focus of many crypto users currently, Xavecoin platform introduced Xave Infinity, a project to decentralized Xave gateway and I noted that Xave infinity will be a blockchain capable of decentralizing any system currently programmed as decentralized. Can you elaborate more on Xave Infinity project? how would Xave infinity as a blockchain to successful decentralize any system programmed to be centralized? How and what are the requirements for users to access Xave Infinty Project?

  32. Xave Alphaverse is a metaverse oriented to music and creativity with original features mainly oriented to generate opportunities for content creators and publishers by using the technology provided by Xave Gateway. Can you share more information on Xave Alphaverse (metaverse) and how it works to generate opportunities for content creators? Who are the contents creators and publishers in Xave Alphaverse and how users can register to become content creators and publishers in Xave Alphaverse? I also noted users can buy lands, building and apartments in Xave Alphaverse. Can you explain more on these features?

  33. XAVE is a company focused on the development of metaverses and exploitations of blockchain based technologies, which is strategically supported by 4 products which Xave Alphaverse, Xave Gateway and Wallet, Xave coin and Xave NFT marketplace. Can you share more information on XAVE Project and how its works on the development of metaverses and exploitation of blockchain based technologies using its 4 major products? Can you briefly explain on the 4 major products of XAVE and how they communicate with each other to successfully aid the development of metaverse and blockchain technologies?

  34. You intend to distribute 550 million tokens to community through 4 different presale stages and the first IEO started on Probit in the early hours of yesterday (10/3/22). Can you explain how to join the probit IEO and for how long each of the 3 stages of probit IEO will last? Also, can you confirm if it is true that probit will be locking up bought tokens for additional 3 months after listing? Is this applicable to all tokens bought during the IEO since this may not allow users to be able to have access to instant trading post-listing, or is the lockup only applicable to the additional bonus token given to users depending on the amount purchased?

  35. One of the product you have developed is called Xave Gateway, a security product which you said can work as a protection against hacking of your protocol. Can you explain how Xave Gateway which is build as a Layer 2 protocol is expected to provide hack proof cover for your main protocol which is based on layer 1? How does it identify security breaches or interference, triggers alarms that notify users and at the same time freeze the assets involved in order to avoid loss? Overall, how formidable is your security set up and what insurance or contingency measure do you plan to put in place to counter any risks that may occur?

  36. XAVE token being the official currency of the project is aimed to be used on your Marketplace as a mean of payment between users and artists. What are the other usecases of your token? Do you also accept any other payment methods when using Xave Marketplace? How is your economy being built in general? Does the community have a possibility to monitor and control it? Thank you.

  37. We have already witnessed some similar projects here with a goal of building a blockchain based cooperation between artists and community. What makes XAVE special in that sense, providing some specific features/services to its users? The long term plan for artists seems to be clear here – they get so needed audience but what about the community? Do you offer staking or farming initiatives for those who would like to invest for longterm? Thank you.

  38. They are in full development of their IEO, who can participate, must pass KYC, in addition to PROBIT GLOBAL, what other option do we have to buy XVC, what are the options that they present us to acquire their tokens in a safe, flexible and comfortable way?

  39. What will be the main elements of your metaverse, are you prepared to achieve expansion globally or will you initially focus locally, have you thought that in addition to being music, art and entertainment oriented you could expand and explore the majestic, dynamic and increasingly larger Gamefi metaverse, is it in your plans to create your own stable currency?

  40. What are the reasons that motivated you to develop an ERC20 token, what are the gas rates that are handled in this protocol, that we can find in XAVE Market, what are the products and services that we can market through it, does XAVE have any Additional program or project that has a social impact in these times of economic, social and cultural weakness worldwide with a population that is still suffering the effects of the pandemic?

  41. Hello Xave coin team!
    Going through your twitter announcements, the $XVC coin IEO on probit exchange was scheduled as follows;
    1. March 10,2022 (first round)
    2. March 17,2022 (second round)
    3. March 23,2022 (third round)
    4. March 28,2022 (Listing)
    I see that the first round of the fundraising event took place yesterday being 10th of March. I would like you to give us an highlight of this first round..At what price was the $XVC token sold in the first round?…early users still have chances of participating in the 2nd and 3rd rounds of the IEO …How can I take part in these upcoming rounds?..Tell us about the bonuses and incentives that investors who participate in these upcoming rounds will have..at what price will the token be sold in the 2nd and 3rd rounds? Apart from Probit exchange, on which other exchange(s) will the token be listed…how would your platform ensure user retention and also make sure the token remains valuable over time?

  42. Xave is a project aimed at being a DeFi market place of non-fungible assets, incorporating, in addition to the current well known NFT model, a new type of of NFT that is termed non-fungible asset (NFA). I would like to know the major differences between the traditional NFT and the newly incorporated NFA model..What characteristics does the NFA possess?..Why did XAVE come up with this idea of NFA, which existing problem is this idea of NFA aimed at solving..For content creators, in addition to creating and selling their works under the known NFT model, what other benefit(s) will the incorporation of the NFA model pose for them? Outside the Xave market place ecosystem, what are the utilities of the Xave coin?

  43. I observed that in addition to the functions related to NFTs, Xave will allow in its first public versions the consumption and access to events and audiovisual content through a ticketing and access control mechanism governed by a specialized smart contract, exclusively on the Binance Smart Chain network..What variety of functionalities will this smart contract possess to give the Xave metaverse a powerful blockchain ticketing engine for any events inside and outside the metaverse?..I further read that Artist tokens(NFT’s) are officially licensed collectible digital cards of various celebrities.. In what ways can fans acquire the artist token and what are the uses of the tokens?

  44. In order to ensure that Xave can Continue to be relevant and offer fun excitement apart from earning incentives, you have introduced a completely gamified metaverse that can create an immersive experience for all users, where they can consume art and music through different interaction, attend concerts etc. Can you explain how the various activities in the metaverse will be held and how users can join? How do users host and attend this virtual event? How much of Xave coin is used up during these activity and how do users get incentivised for their metaverse contribution ?

  45. XAVE has a marketplace specialized in the sale of NFTs, however I would like more information on how the economy and sustainability of this store works… could you tell us what fees are applied for the purchase and sale of NFTs? Does it include any auction system? What strategies doyou use to make trading totally safe?

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