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We will have the following structure:
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. UpDefi Team will select 5 questions and answer them.
For more details: UpDefi Indonesia – @UpDeFiUp Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
One
of the challenges for newbies or regular crypto users is the problem of finding
appropriate applications that is best for performing a specific task. This has
led to the use of multiple applications and tools to carry out various
blockchain activities. This could be frustrating and at the same time it can
lead to mistakes, loss of funds and difficulty to keep track of investments and
holdings.
There
are times when we desire to have or eat different things at the same time, just
like Bob. He felt like taking some fresh slices of bread and at the same time, his
covetous taste bud was hungry for some chunks of spiced vegetables ladened with
grilled meat. While I was still trying to figure out exactly what he wanted, he
added sliced cheese to his already confused menu list. What if I tell Bob that he
can have all of these in a single bite? Yes!
All he need is SANDWICH, a delicious food that typically consist vegetable,
sliced cheese or meat, scrumptiously wrapped in between two layers of baked
bread.
Similarly,
in cryptocurrency, creators and end users are regularly involved in various
activities such as token minting and generation, creation and participation in
token sale, staking, chart analysis and tracking. Most users make use of
separate applications to access majority of the activities that they carry out
due to the fragmented nature of the present DeFi system. For example, as an
investor, you join presale on one platform, trade on another platform and even stake
those tokens on a different application. What if you are offered a platform
that allow you to access all your DeFi needs in one place, without having to
junket from one protocol to another? Yes! All you need is SANDWICH. But this
time around, it is not a sandwich made of bread but a Sandwich built on digital
framework of blockchain technology.
Having
a protocol that can act as a central hub, with everything an investor or
project owner would need, can go a long way to limit the burden of combining
multiple platforms at the same time. In this project review, I will be looking
at Sandwich Network, a project that is set out to permanently put an end to the
need to shop around for tools or applications to carry out daily blockchain tasks.
If you ready, we can begin by taking the first bite from this delicious
Sandwich.
1. SandWich Network: All-in-one DeFi Hub
Sandwich
Network prides itself as the most complete and user-friendly all-in-one crypto
hub. Think of it as a “Google Hub” for new DeFi projects. It is a user-friendly
and permissionless application with multiple tools and suite of dapps (which I
will be unveiling shortly) that can be used by anyone to kick-start their
crypto life with minimal friction.
The
financial benefits of the decentralized financial system have caused more
people to get into DeFi trading, staking, launching and locking. Total value locked
in decentralized finance portals have continued to skyrocket; an indication of
large growth in the number of projects and people investing.
Despite
the numerous protocols and opportunities that exist in the crypto space, the
current market for investing, launching and tracking crypto currency projects
is highly fragmented. As an all-encompassing crypto hub, SandWich Network is
well positioned to be a gamechanger through the building of an extensive
ecosystem of DeFi apps.
With
Sandwich Network, project starters can easily create, build and scale new
projects without KYC and applications. The project is on a mission to ensure
that you have all the right tools to launch your own cryptocurrency token and
project, albeit with little or no experience.
2. The SandWich Ecosystem
Sandwich
Network ecosystem features 4 basic products that are meant to deliver
simplicity, value and convenience to users. These 4 basic ecosystem products
are highlighted below:
SandwichBeta: SandwichBeta is designed to be the most
user-friendly and advanced decentralized launchpad on Binance Smart Chain with
a future goal to extend operation to other blockchains. This Dapp can be used
to create a safe and easy way for project starters to mint tokens, host private
rounds, launch a presale and lock tokens. As a creator, SandwichBeta makes it
easy for you to get funding for your project. As an investor, you can invest in
a wide range of exciting projects listed on Sandwich Network.
SandwichBeta is fully launched with the following features:
SandwichMint: This aspect of SanwichBeta offers creators an easy way to create their own token. By connecting to the Dapp and performing few clicks, you will get your very own token (with total supply) directly distributed to your own wallet. I decided to give it a try and I was amazed to discover that I was able to mint my own token with so much ease. Feel free to explore and discover this yourselves.
SandwichLaunch
Once your tokens are minted, SandwichLaunch allows you to create a presale for your token. As soon as the presale is completed, Sandwich automatically creates a liquidity pool on Pancakeswap (BSC) or Uniswap (ETH).
SandwichLock: In order to create a safe investment atmosphere for your community, you may desire that parts of your token should be locked for a certain period of time.
This is a common practice that helps to build confidence and assure your community that you are not pulling out so quickly. SandwichLock token locker can be used to lock tokens for a certain period of time.
In
addition to these, additional functions such as SandwichAirdrop (which can be
used airdrop tokens to large users) and SandwichPrivate (a feature for enabling
and tracking linear vesting of tokens allocated to private investors) are getting
warm up for release.
SandwichSAFU: The cryptospace is an open field that
provides a flurry of opportunities to users but at the same time, it has a fair
share of inherent risks. Reducing the amount of risks in the cryptospace is
unfortunately still much needed. When joining IDO and presale, users are unable
to perfectly identify valuable projects with real intention.
Although
SandwichSAFU is a decentralized Launchpad, it has incorporated heavy security features
to protect presale investors. It features a tiered-system launchpad where
$SANDWICH holders get access to private and public rounds of top-tier projects
on multiple chains.
SandwichSAFU
is targeted for hosting private and public rounds for higher-level projects
with automatic KYC procedures. In addition, creators will have access to
incubation support through SandwichLabs. SandwichTools: SandwichTools
provide the most extensive toolbox for DEX trading and it combines multiple
features of protocols such as Poocoin, DEXTools, Bogged, in one application
For
traders and market strategists who like to play with charting or other
analytical tools, you will find SandwichTools and its all-inclusive tools, a
reliable alternative. This Dapp presents users with multiple resources that can
be used to analyse, anticipate market movements and derive relevant inferences
from data trend.
Users
can connect their personal wallets and use SandwichTools to track real-time
value of their investments in a comprehensive overview. Additionally, users
will be able to access trending and top projects at a glance. For creators,
they can use this tool to check liquidity pool size, trades and can use the automated
advertising system to promote their projects larger audience.
SandwichTools
is expected to be released by Q2/2022 and it will be available on desktop,
tablet, mobile and later IOS/Android.
SandwichSwap: Is it
possible to offer a complete DeFi hub without a swap? Of course, the answer is
no. Trading is one of the main activities performed by everyday DeFi user and
these trades often take place on decentralized exchanges.
SandwichSwap
presents users with a native multi-chain DEX trading platrom. It is a go-to DEX
aggregator that connects and interlinks every other daaps within the ecosystem.
SandwichSwap will enable users to trade DEX tokens, participate in lottery and engage
in other DEX activities through one easy to use interface.
3.$SANDWICH Token
$SANDWICH is the native asset of Sandwich Network which will power the Sandwich Ecosystem. $SANDWICH is a BEP-20 token and has a total supply of 1 Billion token. The highest allocation of the token distribution (38.5%) is meant to reward users as ecosystem incentives. The detailed distribution of the token is shown in the screen snip below:
The
token will serve various utility across all dapps within the ecosystem. Some of
the exclusive utilities and benefits of $SANDWICH are:
Granting holders
permanent access to discounted fees when using SandwichMInt, SandwichLaunch and
SandwichLOck
Having higher
pool weight and allocation by holding more tokens, thereby granting access to
fixed allocation in SandwichSAFU
Permanent access
and unlocking of premium features in SandwichTools
Liquidity mining
Governance rights
and privileges
4. Revenue Stream and Business Economy
$SANDWICH
network plans to operate as a self-sustaining ecosystem. As the protocol continue
to expand and as more Dapps get released into the mainstream for users to
interact with, new multiple streams of income will become generated.
The
revenue and income generation model of Sandwich Network is fueled through taxes
and fees. Flat standard rates of 0.1 BNB is charged to use token mint, launch
and locking
Sandwich
Network also charges a percentage-based performance fees on SandwichLaunch
depending of the outcome of such presale. About 2% raised and deposited token is
taken as performance fees. Other services such as advertising, swap, and
similar activities attract a fixed percentage as fees.
It
will surprise you to know that all generated revenues belongs to all users and
holders of $SANDWICH. Collected revenues are distributed to a smart contract
where users will be able to claim their own quota. I know you are already edgy
to know how you can passively earn from this. Hop into the next section to get
the full gist.
5.DAO and SandwichRewards
Sandwich Network intention is to ultimately
and completely transform into a DAO through the activation of a decentralized
governing structure. In this DAO, the native token $SANDWICH is going to be the
leading and most important asset.
$SANDWICH
holders will be able to participate in key governance votes, such as the
development of roadmap and new functionalities added to existing applications
in the ecosystem.
Sandwich
Network has put in a place dependable revenue stream from flat fees based on
percentage. The DAO will benefit from a 100% reward distribution model of all
generated revenue. This means that revenue made across all Dapps in the
ecosystem will be divided among all token holders. SandwichReward is expected
to be launched with Sandwich SAFU towards the end of April, 2022.
Any
users that satisfy any of these conditions is eligible for revenue
redistribution:
Hold $SANDWICH in
a decentralized wallet
Staking on
SandwichStake
Have vested
Seed/Private/Publicsale tokens
The
calculation of amount of rewards that will be available for users to claim has
already started since 9th February, 2022. You have missed some
already if you are not yet a holder. However, you are not too late. All you
have to do if fulfill any of the three conditions listed above.
It
is apt to point out that the longer you hold your $SANDWICH, the higher the
percentage of revenue you will be able to claim. Specifically, if you hold for:
2 Weeks: 25% of
max revenue will be available for claim
1 Month: 50% of
max revenue will be available for claim
3 Months: 75% of
max revenue will be available for claim
6 Months: 100% of
max revenue will be available for claim
7. Conclusion
Sandwich
network is a unique protocol that has a complete ecosystem for creators and
users to start their crypto journey with ease. It is user friendly and has juicy
tools that you can use to mint, launch and lock token with explicit simplicity.
Apart from being an all-in-one and one-stop-shop decentralized base for DeFi
needs, Sandwich network has a luscious reward system that enable you to claim a
share of platform revenue, as long as you are a $SANDWICH holder.
For
users who desire simplicity, quality and convenient access to all DeFi
functionalities, you will find Sandwich Network decentralized hub and its array
of flavorsome products yummy and scrumptiously tasty enough to perfectly satisfy
your DeFi desires.
Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Numbers Protocol Team will select 5 questions and answer them.
For more details: Numbers Protocol – @numbersprotocol Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Numbers Protocol Team will select 5 questions and answer them.
For more details: Numbers Protocol – @numbersprotocol Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from enVoyDeFi and our guest was . The AMA took place on the 3rd 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
Jonah 🏅🎹
| Satoshi Club
Hello Dear Satoshiclubbers Welcome to our AMA with enVoyDefi
Hi everyone, and thank you for hosting here today!
Robocop | Satoshi Club
Welcome to Satoshi Club
Chris Gorman
Hey everyone
Jonah 🏅🎹
| Satoshi Club
We are glad to have you all here today
Jonah 🏅🎹
| Satoshi Club
How are you doing?
Robocop | Satoshi Club
Hello guys ! glad to have you all here
Chris Gorman
Can i first join the Satoshi Club in honoring the brave
Ukranian people
Cedric Antonio 🔺
We are looking forward answering all the questions you guys
have for us
Robocop | Satoshi Club
by the way, do all of your partner already here ?
Andrew
Hi everybody!
Jonah 🏅🎹
| Satoshi Club
🇺🇦🇺🇦
Jonah 🏅🎹
| Satoshi Club
Let’s start our AMA
Cedric Antonio 🔺
everyone is here, we can start
thank you!
Robocop | Satoshi Club
ok, lets start our AMA
Jonah 🏅🎹
| Satoshi Club
So can you please introduce yourselves to us how you got
into crypto and your involvement with enVoyDefi?
Cedric Antonio
My name is Cedric, CMO and I joined the project to follow
the vision of the existing team, that is Democratising Supply chain and Trade
finance.
Chris Gorman
Hi all, I am an Adviser (very active) to the team. I was on
the board of electroneum for 3 years (during its good period) I have an OBE
from the Queen and a professorship in Entrepreneurship
I am very focussed on Social Entrepreneurship and
passionately believe enVoy Defi will be part of the solution to many global
challenges
Andrew
Hi, I’m Andrew – CFO. I began in crypto back in around 2015 when I first heard about Bitcoin. However, I was skeptical at first so wanted to do my research. After a few years, I was finally convinced and bought my first bitcoin in 2017. Since then I’ve been heavily involved in the space through my crypto consulting firm where my team and I bridged the gap between traditional finance and crypto startups. This brought me to eventually meet Lee (our CEO) and begin working on this amazing enVoy project!
Jonah 🏅🎹
| Satoshi Club
Great Background Guys
Jonah 🏅🎹
| Satoshi Club
Can you now tell us what enVoyDefi Is all about?
Cedric Antonio 🔺
In a nutshell, enVoy DeFi is a platform where people can
invest in the financing of international trade in goods and commodities,
instantly and securely.
By enabling real-time, peer to peer payments to accelerate
the supply chain.
Lee tarone
Hey. I’m lee. CEO of envoy defi, ex head trader of Fx at
Harlow butler Ueda and prebon tullets. And major investor of hedge funds via
Bloomberg and sustainable projects with various NGOs
Jonah 🏅🎹
| Satoshi Club
Hello Lee welcome to Satoshi club
How many team members do you currently have working on this
project?
Lee tarone
Here at envoy we aim to support a new era of trade finance
digitising and a great reset in sustainable financing only for a better
tomorrow.
Lee tarone
Democratising this to the people where once was only
available to banks. Thanks blockchain tech.
Gold Rocket | Satoshi Club
@arzutoren
@dianakine00 welcome to Satoshi club
Chris Gorman
Trade Finance Gap (TFG) in traded goods is approx $1.7
trillion, this is the situation where you have a buyer and seller wanting to do
business together. This is $4.6BN of orders everyday unfulfilled as it is too
complex for the major banks. Blockchain resolves this and enVoy Defi deliver
it. Just 1% of TFG is almost $50m per day. enVoy is perfectly positioned.
Lee tarone
Tel time payment is huge for supply chain. Imaging real
payments that’s normally take days or weeks for banks at millions of dollars
and how this speeds up trade especially after covid.
Democratising finance and payments is a game changer
Diana Kine
Hi everyone, I am truly excited to meet you all here!
My name is Diana, and I am managing daily tasks related to
design and branding on Envoy’s team side. I am displaying passion of our team
trough project management and branding design you see out there. Hope you enjoy
this brand experience and will follow for more
Robocop | Satoshi Club
Thank you for the great intro, enVoyDeFi really great and
innovative
Lee tarone
Let’s help the world better, sustainable and move faster
offering finance to only low carbon vessels and suppliers.
Andrew
Our team members and advisors have decades of relevant
experience in each of their respective fields (logistics, shipping, crypto,
finance etc). We have built an amazing team with best-in-class real world
experience
Jonah 🏅🎹
| Satoshi Club
You are all welcome Guys, we have a full team here
Robocop | Satoshi Club
Welcome Diana Kine
Can you explain how big are your team and which
region/country already provide your service?
Andrew
Our core team is roughly 14 team members and daily active
advisors
Chris Gorman
enVoy’s vision and motivation: Harness the full power of
Blockchain innovation to fix global trade. Enable more of the world to share in
economic progress and shift to truly Green choices.
Cedric Antonio 🔺
We are based in NY, Geneva, Glasgow, Tokyo, Latvia, Spain,
London
also have reps in Shanghai, Vietnam
Lee tarone
Our focus unlike most is latam and emerging markets and those who have the vision to focus on
sustainability.
Andrew
We are a truly international team!
Lee tarone
Thanks to our partners enabling data from carbon monitors we
can change the way
Cedric Antonio 🔺
the main Supply Chain Finance Platform will be ready by Q1
2023, which will operate globally. For trading of commodities
Jonah 🏅🎹
| Satoshi Club
Thank you for the introduction guys, we will now like to
proceed to our community questions are you ready?
Lee tarone
Enabling payments and trade means the more trade finance we
do the less tokens in circulation and leads to huge increase in Crypto value.
Chris Gorman
The scale of real world current demand, combined with the
lack of people who are capable of solving this ensures that there is huge
appetite for staked tokens for defi usage which enables us to guarantee some of
the best yields in the market
Lee tarone
Finance more huge gains
Robocop | Satoshi Club
Thank you for the detail introduction
Cedric Antonio 🔺
sure thing, let’s start
Andrew
Our initial focus will be on LATAM trade but we are
regionally agnostic because we aim for our process to be globally compliant
from the start
Lee tarone
Most projects don’t have a business to finance. We finance a
real world problem in the trillions. This means huge gains of VOY
Chris Gorman
We have spent 3 years immersed in development and
partnership building
Lee tarone
The bigger the market cap to defi the more community farming
rockets
Robocop | Satoshi Club
Thank you for the great intro
Robocop | Satoshi Club
Q1 from Telegram user @jameslekan664
International/Cross-border transactions requires a high level of security coupled to the fact that attimes, buyers and sellers may not know each other physically. enVoy DeFi had mentioned that one of it’s objectives is to discourage the idea of paper documents as paper documents are prone to frauds and errors. Can you give us an highlight on the security measures/policies/innovations which enVoy has in place to replace the paper document and ensure secure and flexible transactions? What registration and KYC process will buyers/sellers go through and how will enVoy address a case of missing or lost asset which is quite possible? For international/cross-border transactions, do you currently hold any partnership with any airlines/shipping ports? If yes, Give details
Thanks!
Cedric Antonio 🔺
The most common paper document required by all shipping
contracts is the Bill of Lading (BL). This is being digitised and replaced by
our tBL (tokenized Bill of Lading). The tBL contains all the same information a
normal paper BL would contain, but it is digitised and stored on the blockchain
and will be wrapped in our NFTs once that is deployed.
The team, who has decades of combined experience in this
field, has gone through the various processes required, and extracted the
“goal” of each of the paper documents and placed them on the website
in digital form. As a couple examples, we have implemented KYC/KYS/AML checks
and will have this data on Corda blockchain.
We have implemented sanctions tracking for vessels and
ports. Any blacklists or red flags immediately get recorded so it forces ships
to stay compliant. With all these innovations we can ensure the same required
international shipping processes stay intact, but are now digitised and secured
by blockchain.
All users of the SCF platform will go through a full suite
of KYC, AML, and KYS (for suppliers). This process has been put in place that
mirrors the same or better requirements than most global banks.
In the case of missing assets, there is a standard
arbitration process in place. In terms of funds, these are controlled by the
smart contracts which determines the exact requirements for release. If those
requirements aren’t met (such as satisfactory delivery of goods) then funds
will remain locked unless reverted back to buyer’s account through arbitration
or other remediation. In the case of missing or lost assets, this depends on
the contract between buyer and seller. They will usually have a clause in their
documentation which sets out the process in these instances.
For international transactions, we do not hold partnerships
with airlines (typically a logistics provider maintains these) but we do have a
close relationship with many advocacy groups and communities major shipping
such as at port of Miami. The majority of international trade happens overseas
which is our initial focus.
Andrew
Ultimately, we analyzed all the paper based processes,
distilled them down to their core essential functions, and digitized that
process
Cedric Antonio 🔺
All of this using the $VOY token as a strong part of this
ecosystem.
Andrew
Not just a strong part, an essential part!
Cedric Antonio 🔺
totally
Robocop | Satoshi Club
Thank you for the answer, i can see security is your main
priority but speak of security, do you already do audit for Smart contract ? if
yes can you share the result with us?
Lee tarone
This is our CTO mikes domain
Andrew
I think he is muted! But that said, we do have a smart
contract audit completed – we are pulling up the link to it now. Hold please!
Andrew
From Mike: We’re really careful about our contracts and make
sure that they’re checked by separate experts and go through a full independent
audit.
Lee tarone
Ans given most of our tech on corda is corporate we have
super high security around corporate transactions and data given the huge
amount of document fraud in trade finance
Andrew
from the SCF side of things, Corda does a great job in
protecting business assets as they are a private permissioned blockchain.
This is very clear and detail answer, do you want to add
something or we can go to 2nd question ?
Cedric Antonio 🔺
Yes, sure
Michael
We’re really strong on security – one of our main
priorities. We want enVoy to be a key part of world trade, along with the $VOY
token, so we take a lot of care.
Chris Gorman
Happy to go to next question
Robocop | Satoshi Club
Q2 from Telegram user @meml97
While reading about EnVoyDeFi, I learned that $VOY holders can benefit from the use of their tokens in the supply chain finance ecosystem. So, having that in mind, can you explain to us more about this privilege holders will have? How will they be able to benefit from the use of their token in the supply chain finance ecosystem? Alongside that, do you mind telling us more about what other benefits will holders have on EnVoyDeFi? Why is it necessary to hold $VOY? What kind of advantages can we receive from it when it comes to your innovative products such as Tokenised Letter of Credit and Tokenised Bills of Lading ahd your overall paperwork digitisation services?
Lee tarone
This secures that our communities purchases are secure and
we engage with regulates exchanges like liquid and a focus on driving liquidity
and safeguard from manipulation and dumps in token pricing
Cedric Antonio 🔺
thank you for the question, we will break it down
Lee tarone
The LCs are a super cool feature that bring to life real use
of NFTs that actually have value and a sellable resale market.
Cedric Antonio 🔺
The innovations created by enVoy DeFi (such as tLC and tBL)
create value and functionality within the supply industry that was never there
before. This helps to close the Trade Finance Gap.
What that means is there are trillions of dollars of
potential trade that cannot happen due to deficiencies in current traditional
processes.
DeFi users can gain by helping provide liquidity. That
liquidity combined with the power of enVoy’s innovations will creating access
to that gap. Think of it like picking up money off the floor! Even just a
sliver of that trillion dollar gap, we can all greatly succeed!
Jonah 🏅🎹
| Satoshi Club
So true
Chris Gorman
I thought the Satoshi Club team may appreciate the following
in our current world objectives -In addition to the risk based approach , enVoy
applies sanctions screening to individuals and legal entities for breaches in
international sanctions on countries, businesses, individuals . Further
screening is done to check for Poltically Exposed Persons either as individuals
or as directors of a legal entity. The RBA will then assess for acceptance /
rejection. All transactions are reviewed for suspicious activity.
Cedric Antonio 🔺
Holding the $VOY token will enable you to participate in
this whole ecosystem.
Jonah 🏅🎹
| Satoshi Club
Do you have a separate team dedicated to do the screening?
Andrew
VOY is the functional utility token and only means to
transact value within the enVoy ecosystem. When a contract is created between a
buyer and seller, a buyer and financier must lock up VOY on the platform. This
locked VOY acts as a guarantee for the seller that the buyer has funds
available for the trade. This lockup process is akin to current Letter of
Credit (LC) process.
Cedric Antonio 🔺
Yes we do, we partnered with KYC-Chain to make this happen.
Andrew
For DeFi users, holding the token (and more specifically,
staking the token) helps rpovide liquidity to the DeFi fund. A third party manager
uses funds from this pool and funds contracts exclusively on the enVoy SCF
platform
Andrew
In the same way, a bank or other large traditional
institution would
Cedric Antonio 🔺
Robocop | Satoshi Club
Can you share the tokenomics for $VOY token ?
Andrew
Interest and profits from funding these contracts goes back
into the DeFi fund. As a reward for providing liquidity, DeFi stakers will get
yield rewards based on the plan they choose (higher yield for higher lock-up
periods). Rewards/yield are not affected by the losses of the DeFi fund on the
SCF because a separate DeFi reserve pool is maintained to help minimize the
affects of volatility.
Cedric Antonio 🔺
sure, as it is on the website, here is an overview of the
tokenomics.
Jonah 🏅🎹
| Satoshi Club
Thank you all for your detailed answers, are you ready for
the next question now?
Robocop | Satoshi Club
Thank you for the clear answer, lets move to 3rd question?
Chris Gorman
Yes please
Robocop | Satoshi Club
Q3 from Telegram user @Cheriemike
Shipping is one factor that contributes to air pollution and GHG (Green House Gases)and I notice that in monitoring and reporting carbon enVoy SCF will be supporting the “Blue Carbon -Blue Ocean” concept.So can tell us more about this concept and what you have achieve so far?What is the current benchmark levels you have set for vessel CO2 and other pollutant footprint and how many are they? Currently we know the situation between the peaceful country Ukraine and Russian,Russian Warship are currently on the Black Sea and the smokestack emissions from this ship are not healthy to the lungs and blood which can likely lead to heart and lung failure.So what will enVoy’s Ecosphere do in this regard for the safety of our friends in Ukraine alike?Can you tell us little about your auditable ESG(Environment Social and Governance)?Please explain Thanks
Cedric Antonio 🔺
enVoy’s core guiding principles of Sustainability and ESG ensure Green and Blue Carbon monitoring
as well as ESG certification and compliance to
internationally accepted standards.
enVoy Green monitors the carbon footprint of industries and
supply chains,
enVoy Blue monitors the carbon footprint of individual
vessels as well as any other pollution incidents.
By measuring and comparing these criteria, importers,
exporters and financiers are able to develop informed, sustainable supply chain
options.
ESG certification of sellers and supply chain members, allows
buyers to choose to use ethical, well-governed suppliers with high corporate
standards.
A Toren
Hi everyone
Andrew
Hi Arzu!
Jonah 🏅🎹
| Satoshi Club
Hello welcome to Satoshi Club
Robocop | Satoshi Club
Welcome A Toren
Cedric Antonio 🔺
Financiers are able to offer Green financing to favour
clients with good sustainablility and environmental records and practices.
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers btw our next question talks about
your green program ready for it now?
Cedric Antonio 🔺
please go ahead
Robocop | Satoshi Club
Q4 From Telegram User @GracieEne
I read in your whitepaper that enVoy is well aware of the need to reduce pollution and to preserve our world for future generations, with regards to this, enVoy plans to roll out the enVoy Green program in which vessel carbon emissions are tracked and recorded. Discounts will also offered to financiers who back contracts that choose to ship their goods via low-emission vessels. Can you tell us how enVoy intends to track and record a vessel’s carbon emission? What are the instruments used in the tracking process?What other measures have you put in place in order to achieve a reduction in pollution? What other solutions are obtainable in this Green program asides tracking and recording of carbon emissions and what percentage discount do you intend to give to financiers who back contracts that choose to ship their goods via low-emission vessels?
Chris Gorman
As we are primarily fulfilling SME’s in developing countries
that are currently unable to access trade finance it becomes far easier to
implement sustainable policies as tthis is opening new markets not trying to
change current cost focussed markets
Andrew
We have partnered with Carbon Chain to record and provide
ship carbon emission tracking and analysis
Jonah 🏅🎹
| Satoshi Club
What developing countries are you focussed on?
Cedric Antonio 🔺
TL shipment and container progress reporting is based on the
trade and…have live satellite tracking or a service on vessels and Shipping
companies.
Chris Gorman
Also by enabling suppliers in the least developing countries
we not only help their economies but also introduce further competition into
the global supply chain
Andrew
we achieve to reduce pollution by rewarding good actors.
Those who fund contracts related to green ships will get better funding rates
and discounted commissions.
Cedric Antonio 🔺
We will start with LATAM strong focus with Brazil and
following through with Asia (China)
Chris Gorman
We are currently in discussions with multiple NGO’s to work
in partnerships in specific areas
Jonah 🏅🎹
| Satoshi Club
Are the details of the discount percentage and funding rate
they will get ready?
Andrew
Our platform is globally agnostic so we can really go
anywhere we need to!
In terms of discounts, that will depend on the ships used
and the green score achieved by those individual ships/route. We will
incentivise based on what we see as effective as we move forward. It is always
important for a company to stay flexible and change based on the
existing/changing financial landscape
Jonah 🏅🎹
| Satoshi Club
Great
Thank you for your answers
Ready for the next question now?
Andrew
let’s goooooooo!
Andrew
haha
Robocop | Satoshi Club
Thank you for the answer, lets go to next question
Chris Gorman
you can tell who the marketing guy is
Robocop | Satoshi Club
Q5 From Telegram User @thisistoyin
Following up on your latest Developments, i saw that $VOY has been listed on Uniswap, & after Log-in in my profile on your site, i encountered a A Future Called the COMMIT & EARN, which after clicking on it, displayed a notification that read “VOY staking will be available following the launch of trading” please i would like to know how these COMMIT & EARN FUTURE works, and could you please Give clear information on when you plan to Launch your Trading platform? Further more, I am Curious to know, What is the Significance of the Name ENVOY to your project? does it represent anything In your Platform? Thank you.
Cedric Antonio 🔺
So let me anwer the enVoy one first
Voy means to send, and envoy is the action of sending. which
resumes our whole name, we are supporting buyers and sellers to connect in a
seamless and digitized manner.
That’s where the name enVoy came in, chosen by our CEO,
@coolnerd100
Andrew
SCF launch is currently slated for Q1 2023. However,
purchasers will immediately be able to stake and earn yield even before the
launch. We have a significantly sized DeFi Reserve Pool for this purpose.
Jonah 🏅🎹
| Satoshi Club
Can you share your roadmap with us Please or better still a
link to it
Cedric Antonio 🔺
sure, it is on our website, and being constantly updated
with the latest innovations of what we are doing right now
Andrew
Chris Gorman
Our payment rail will launch earlier andf the VOY token is
an integral part of the value transfer (making payments) to suppliers, shippers
and agents
Jonah 🏅🎹
| Satoshi Club
Great activities lined up thank you for sharing
Andrew
Updates can be found on our website – scroll down to just
after our whitepaper/two pager/token deck
Cedric Antonio 🔺
we are currently separting the corporate and the crypto
roadmap so that it clears off the confusion on what we do
Robocop | Satoshi Club
Thank you for sharing the roadmap
Jonah 🏅🎹
| Satoshi Club
Great
Do you want to add anything to your answers?
Or can we proceed?
Cedric Antonio 🔺
I think we covered most of it, let’s move on sure
Robocop | Satoshi Club
lets move to last question from part 1
Andrew
nooooo, last question? too soon!
Robocop | Satoshi Club
Q6 From Telegram User @Asela1112
At the end of 2022, You are going to make the enVoy DeFi to be live Which means the launching of Mainnet. Can you elaborate more details regarding the enVoy DeFi mainnet event? Will there be some incentive events along with the mainnet release? What will be the advantages for the early users of enVoy DeFi mainnet? However, enVoy DeFi platform begins from 2018 & Hope to live on 2022. What things do you have to tell to your community before go for live on this year?
Robocop | Satoshi Club
still have part 2 for live section
Jonah 🏅🎹
| Satoshi Club
There will be more in the second part Start getting yours
hands ready
Andrew
hahaha
So i think there’s a little bit of confusion so to clear
that part up first – VOY on Ethereum mainnet is already live, but the SCF
platform will be launched later
For early purchasers of VOY, the big advantage is that they
will be able to earn staking rewards even before the SCF platform is launched
Chris Gorman
For the community We are a fully transparent and
accomplished team. we intend to be actively engaged across multiple channels
and keep the community updated and motivated through many initiatives.
I would suggest following us on social and please engage
Jonah 🏅🎹
| Satoshi Club
Thank you for clarifying this
Awesome
Andrew
the envoy ecosystem has three distinct sections
1) SCF Platform for business case (buyers/sellers/financiers of global goods & trade)
2) DeFi (all of you!!!)
3) cross border payments
Cedric Antonio 🔺
The SCF is built on a platform called Corda owned by R3,
it’s purely corporate
Andrew
but we enable and democratize this process by allowing the
community and everyday ppl to join in on
the DeFi
Chris Gorman
We are in perfect position to make a real difference, one
that is needed by so many. I hope we have illustrated today just how advanced
we a re and how passiionate and commited we are to this cause.
But the truth is we will achieve this so much more quickly
if we embrace, listen to and empower our community
Robocop | Satoshi Club
can you please share the important link or social media from
enVoyDeFi? so Satoshi Clubber can follow your new update
Andrew
the DeFi fund that’s created acts as a financier on the SCF
– in the same way banks or high wealth individuals would
Jonah 🏅🎹
| Satoshi Club
Thank you all for your detailed answers
Andrew
this industry has so much opportunity – the downside is it’s
such a big project to undertake. but we have been working hard for a very long
time to build the foundation and bring all of it together in the enVoy
ecosystem
we are now at the point where we need you all, the
community, to help us move things forward!
Jonah 🏅🎹
| Satoshi Club
Great to know that you have a Hard working team behind this
project
Andrew
we the people are an unstoppable force. together we are just
as powerful as the big banks and oligarchs out there controlling the industry
we’ve created an opportunity for the everyday person to get
involved and make a difference!
it’s all good – this is a great ama so far – thanks to
satoshi club!
Jonah 🏅🎹
| Satoshi Club
We will now like to proceed to the most anticipated part of
our AMA the second part.
Robocop | Satoshi Club
Thank you guys ! it has been an amazing time in this first
part of the AMA
Robocop | Satoshi Club
Now is time to proceed with the second part, the live
segment part 2, are you ready?
Cedric Antonio 🔺
sure! let’s do this
Jonah 🏅🎹
| Satoshi Club
Chat will be opened for only 120 secs
Robocop | Satoshi Club
we will open chat for 2 minutes and then chat will be closed
– you can start select 10 best questions
!
Jonah 🏅🎹
| Satoshi Club
Opening Chat now
Part 2 — live questions from the Telegram community
Q1 from Telegram user
As we see that Global supply chains are very complex, As you have brought your technology to solve this issue, how will an average users be able to understand your technology & project?
Cedric Antonio 🔺
The average user does not need to know! that’s the beauty of it. all you need to do is stake and earn.
Now that said,we highly encourage everyone to understand what and where they are putting their money,we are available to educate and answer questions you may have
Q2 from Telegram user
While looking at your Whitepaper, I noticed that enVoyDeFi created something called The Tokenised Letter of Credit (TLC), which you stated is your first major innovation. Q3 With that in mind, could you please share more details about this innovation that enVoyDeFi is bringing to the table? How will it exactly work and what do users need to do to take advantage of it? What benefits will TLC bring to people? How do you plan to change the blockchain industry and economic industry as we currently know it with the Tokenised Letter of Credit? Thanks.
Cedric Antonio 🔺 The tLC is a digitised version of credit. What happens is when a contract is created, it will have terms attached to it (how much is the contract, when will money be disbursed, etc). You can think of the tLC as an NFT version of a loan document. Since VOY is staked, there is collateral. This collateral ensures that value is ready and available to pay for goods. The innovation here is that these staked collateral is available to be seen on the blockchain and protected by blockchain. The funds are visible to the seller and locked until it is eligible to be released. Smart contracts then control when/if funds should be released and this process is transparent for all parties involved.
Q3 from Telegram user
Have you considered attracting non-crypto investors to the EnVoy Defi?What strategies do you have to bring your project’s name to the attention of non-crypto users?
Cedric Antonio 🔺
Absolutely – this has been part of what we were building in the background for the last several years. We have use-case partners on the SCF platform, buyers, sellers, and financiers. The DeFi fund will be active on the SCF platform alongside other traditional financiers.
Q4 from Telegram user
With regards to your staking, what will be the requirements to be able to stake VOY tokens? What is the minimum and maximum number of VOY tokens that a user can stake on your platform? Will this be the only stakeable token on your platform, and asides the rewards that is distributed to stakers based on their stakes, will those who stake VOY tokens get any other benefits or incentives? And will users be allowed to remove their stakes anytime they want?
Cedric Antonio 🔺
To stake VOY tokens, the current minimum is USD 1,000 worth of $VOY tokens. This is put in place due to the administrative costs associated per staking contract. This is where it is set for now but it may move in the future as we assess and reassess and increase over time.
Q5 from Telegram user
Investors of any project only invest in that particular project if they have the same vision ,Who are Your Partners that have same Vision?
Cedric Antonio 🔺
We have many partners across various aspects of the business.We have use-case partners (private businesses) who are committed to utilizing our platform. We have partners in ESG and ship tracking (Carbon Chain, Polestar). We have partners in KYC and security (KYC Chain, IBM Tradelense).We have blockchain partners such as R3 Corda. And we have many other partners who are helping us white-label and build portions of our platform.By leveraging existing technologies alongside our innovations and vision, we are piecing together this incredible ecosystem.We also have trading partners in place for the pilots and many others ready to use the service once fully operational
Q6 from Telegram user
What role does ENVOY play in meeting the growing demand for supply chain transparency, resource efficiency, security, and long-term sustainability? They also claimed that trust issues have resulted in a $1.7 trillion trade finance shortfall, which enVoy can close. How will ENVOY close the chronic gap? What role will ENVOY play in addressing the issue of trust?
Cedric Antonio 🔺
enVoy facilitates the transparency , efficiency, security and long term stability.Using blockchain allows for transparency in funding,smart contracts and thorough corproate KYC/AML help in efficiency and security, and the VOY token and our amazing community will ensure long term stability.
Q7 from Telegram user
In Your Roadmap, I Read About the R3 PILOT TRIAL , Which Will be Launched in Q2 2022 , May U Please Tell me More More about R3 PILOT TRIAL ?
Cedric Antonio 🔺
So we have the R3 pilot trial based on the latest version of Corda however this is under launch right now and we cannot write out too much about it yet until it is fully published. More to come on this soon!to add to this : The pilot trial with R3 will be a live, dry run of the actual SCF platform. in action! This will be attended by major banks, suppliers, shipping companies, and other global players in the supply chain industry.unfortunately due to NDAs we cannot disclose the exact names of these companies but many are already lined up and waiting. we are leveraging R3’s massive international reach and partnerships. R3 is heavily focused in supply chain innovations so they were a natural partner for us on the SCF platform
Q8 from Telegram user
I Would Like to Know about the STAKING and FARMING Feature of the Gemuni Platforms, Has It been Launched Or In Coming Times You will launch Your Staking ?
Cedric Antonio 🔺
We will be turning on staking very soon in early Q2 ahead of the launch of SCF platform. It is ready to go, we are just triple checking and doing our quality assurance
Q9 from Telegram user
What will be the role of NFTs in your ecosystem? What will be their field of use and what benefits will they bring? What is the value of NFT, s in the ecosystem? Thank you
Cedric Antonio 🔺
NFTs are amazing. In its current form, people are just buying and selling JPEGs on blockchain essentially. However, we believe that is only making use of a small bit of their real potential.In essence, an NFT is a wrapper or container which is immutable and each one is unique. This lends itself perfectly to contain a trade contract
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Ninja Fantasy Trader and our guest was . The AMA took place on the 1st 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
Pavel P
Hello Satoshi Club! Welcome to our first AMA session in
March with Ninja Fantasy Trader!!!
Jonah 🏅🎹
| Satoshi Club
Our guest for today is @aemorales
Hello Welcome to Satoshi club
Pavel P
@aemorales, welcome!
A few minutes of patience
Jonah 🏅🎹
| Satoshi Club
Welcome @aemorales
Ariel Morales
hello and really sorry for the daly
thank you for having me
Jonah 🏅🎹
| Satoshi Club
Glad to have you here
How are you doing today?
Pavel P
Glad you’re here!
Ariel Morales
doing great and excited about this AMA, but very busy as we
always are launching an NFT project
Pavel P
And we’re excited to know your project today
Jonah 🏅🎹
| Satoshi Club
Great.. Let’s start our AMA
Pavel P
Let’s start!
Jonah 🏅🎹
| Satoshi Club
Can you please introduce yourself to us how you got into
crypto and how the project started?
Ariel Morales
Thank you for the question. My background comes from a Cloud
Computing and Blockchain technology. Usually working on Fintech companies and
solutions. This project started more than 8 months ago. It’s basically a family
project and business. My wife is also computer specialist and her brothers. The
idea came from a paper Trading day I was doing and also some research about
Axie Infinity Play To Earn Model
Pavel P
Family business should be exciting ! You know team members from
A to Z
Jonah 🏅🎹
| Satoshi Club
Interesting.
So can you tell us what Ninja Fantasy Trader is all about?
Ariel Morales
It is a Trading P2E game where you can make some real
profits doing paper trading. Some others game modes also are included such as
tournaments and battles.
Jonah 🏅🎹
| Satoshi Club
Alongside your Family, how many people do you have working
on this project?
Pavel P
Great mix!
Ariel Morales
Some other members are offshore. The total team right are 8,
including designer, illustrator, developers. Also we hire of course PR Agency,
Community Team is also hired. So we got the core team and some services are
hired on demand
Ariel Morales
Thanks!
Jonah 🏅🎹
| Satoshi Club
Thank you for the introduction
We will now like to proceed to our community questions are
you ready?
Ariel Morales
sure let’s move on
Pavel P
Q1 from Telegram user @Danniblaiz
About your NFT marketplace, 10,144 NFT Samurais will be on sale for the upcoming round of the pre-sales and will last for 1 month, or until NFTraders are sold out (whichever earlier). And also These NFT Samurais are exclusively for those whose wallets are whitelisted. Each wallet will be able to get a maximum of 10 Samurais. Is the whitelist process ongoing? What are the requirements and steps needed to enrol and take part in the whitelisting process? If I get this Samurais token, can I trade it on your NFT market or other platform? Is it listed already? Do you plan on conducting a public sale as well after this? Thanks
Jonah 🏅🎹
| Satoshi Club
Sorry about that
Ariel Morales
sorry for the links
Jonah 🏅🎹
| Satoshi Club
Ariel Morales:
Good question. Today we are announcing the whilelist requirements. To be part of, you need to be part of our Discord Server (https://discord.com/invite/A4aCehasYp) and meet the requirements which are basically be engaged on the community. The Samurais Collection will be available in OpenSea. The official collection is: https://opensea.io/collection/ninjafantasytrader-samurais-presale There some fake collection already! Be aware of this! After the public sale is done. You can trade also in our marketplace as well with lower gas fee.
Jonah 🏅🎹
| Satoshi Club
You can send Links now
Pavel P
Great hint to our community members – do not waste time,
guys!
Jonah 🏅🎹
| Satoshi Club
Will there be any future sale asides this?
Ariel Morales
Yes. After the presale(3 stages and 30 days aprox) will be
public sale. The price will be the double of the presale
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Ready for the next question now?
Ariel Morales
Yes
Pavel P
Q2 from Telegram user @Jmagsss
After reading the your token’s information on your whitepaper, I noticed that one way to earn $NTC tokens is through organizing and holding tournaments for the players and traders of Ninja Fantasy Trader. With this being said, it is clear that the users themselves can create tournaments for their fellow users. Are there certain requirements to be able to organize and conduct a user-created tournament on your game platform? Will all users be eligible to do this or are there certain conditions? Can you please discus more about this feature?
Ariel Morales
Ninja Fantasy Trader will have tournaments created by the platform. Limit of participants and some other requirements like market where you can trade will be set by default. But also users will be able to create and organize their own tournaments as a way to make some extra profit. The will be defining rules, prizes, percentages for first positions, including a fee for the organizers. You can get more details in our whitepaper: https://whitepaper.ninjafantasytrader.com/gameplay/nft-companies
Jonah 🏅🎹
| Satoshi Club
Can you share with us the tokenomics of $NTC?
Ariel Morales
just to confirm. are you asking for the link with all the
info?
What was surprising to get to know is that your Ninja Fantasy Traders have a unique feature to take financial decisions for the owner making him/her richer. The most important NFTs of Ninja Fantasy Trader are NFTraders. They have unique characteristics and skills to be used in their operations. Could you explain how exactly NFTraders manage their operations? What are features impacting the efficiency of trading process? Is that the IQ level that is the driving power for these processes? Thanks!
Ariel Morales
NFTrader is the main NFT player you require to do trading in the game. A real and human player is who open and close trading operations in the game but is based on the NFTrader as a character in the game, how well or how many real profit you can make. There is a big formula to calculate the amount of $NTC tokens you can make for every succesfull trade. But in general it is affected for characteristics such as: IQ, Experience, Bull and Bear Factor, dominant assets, and some others. This is the full spec of what I just mentioned: https://whitepaper.ninjafantasytrader.com/gameplay/nftraders
Jonah 🏅🎹
| Satoshi Club
Thank you for clear answers
Is there a limit to how many $NTC a user can make?
Pavel P
Could you show us one of your NFT heroes?
Ariel Morales
One of the characteristics of a NFTrader are called
shurikens: It is basically how many opportunities you have a day for make
profits on a succesfull trade. This as some other characteristics can be
upgraded over time either purchasing virtual courses within the game or doing
trading. so you can have at some points a double of your initial shurikens so
you can make a double of profitable trades
I’m sharing an aspect of some in this moment
Pavel P
Nice!
Jonah 🏅🎹
| Satoshi Club
Awesome
Thank you for your Answers
Ariel Morales
all of them have a version as a Trader and also a Ninja
version when they enter in a Battle
Jonah 🏅🎹
| Satoshi Club
Let’s proceed to the next question now
Pavel P
Q4 From Telegram User @GracieEne
Unlike most Metaverse projects I’ve seen, I see that you have a VIP Membership Plan on your platform where users can get access to trading courses, daily market analysis, signals, access to a VIP Trading Group, and a community of thousands of real traders. How much does this VIP membership plan cost, and will this be a Lifetime VIP membership plan, who are the ones responsible for carrying out the daily market analysis and signals for these VIP members. At the moment how big is this VIP group of yours, why should users pay for your VIP membership considering the fact that there are thousands of other VIP groups out there where they can get market analysis and signals and at the end of the day some of them don’t give their users real value for their money. And asides this VIP membership plan what other membership plans do you have that will give other category of users access to some of these benefits?
Ariel Morales
Owning a Samurai the cost of the VIP membership is zero. We
are landing some deals and partnerships with trading courses providers who are
already handling this part. Signals and alerts, and some others features will
be included. All of these will available for not only our online web but also
within our discord server where you can get alerts, and also open and close
operations from there.
Jonah 🏅🎹
| Satoshi Club
Great.. what other benefits are attached to this membership?
Pavel P
What is the price for Samurai?
Ariel Morales
Yes of course. Thanks for asking. Community events and
Competitions with big rewards are attached to this exclusive membership.
0.2 ETH for public sale. Presale is starts from 0.1ETH
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Pavel P
Thank you for your answers!
Jonah 🏅🎹
| Satoshi Club
Ready for the next question now?
Ariel Morales
Presale starts*
yes
Pavel P
Q5 From Telegram User @Rozielyna
I understand that Ninja Fantasy Trader is a Play-To-Earn trading game. Ninja Fantasy Trader trading game has 3 gamemode which includes the Individual Game Play, Battle Mode and Tournament Play. Can you please explain and highlight the features of the 3 game modes? Do you have specific requirements for players to be part of the different modes and is its open to everyone? What are the trading limits for these Modes? What are the rewards system for each other these modes? Can Players modify the Game mode to create new Gameplay Mechanics, items and assets?
Ariel Morales
In the three gameplay you have to choose what market you
want to operate (Stocks, Crypto, Forex and Commodities). It is important to
know this price data is coming from a real market! You just need to have a
NFTrader, pick what market you desire and start open trades. The very basic
mode is trading in solo mode. This mode is playing alone against the market.
Then you have tournaments where you are participating in a ranking for a pool
prize. And the most exciting mode is Battles! In this mode you are putting in
risk all your gains of probably a week of trading. You have to put 3!NTC in a
pot and the winner is who take the whole prize! If you win you are taking a
week of trading in advance as a profit but if you lose you have lost a whole
week of profit. It is up to you what path to take
Pavel P
That’s indeed a great implementation of trading directly in
gaming.
Jonah 🏅🎹
| Satoshi Club
So for battles It’s either A week of Loss or A week of
profit
Ariel Morales
Thank! we believe that too!
Ariel Morales
that’s correct!
Jonah 🏅🎹
| Satoshi Club
Thank you for your Great answers so far
Pavel P
How does the solo trading works? Owners just put their NFT
on trading and what happens next?
Ariel Morales
Let’s say you have 10 shurikens (10 opportunities to make
profits and earn NTC tokens). You open a trade, if is successful you get x
amount of NTC based on a formula that is based on your NFTrader
characteristics. Let’s say probably an experienced NFTrader could be making
more NTC than a NFTrader with only 20 years old in the game
Ariel Morales
some others characteristics are included in that formula as
well
Jonah 🏅🎹
| Satoshi Club
Thank you for clarifying this
Ready for the last question of our first part?
Ariel Morales
yes I am
Pavel P
Q6 From Telegram User @iceVermithraxx
Users with at least 3 NFTraders can become CEO by obtaining their own NFT-Company in the metaverse. Can you elaborate on NFT-companies in Ninja Fantasy trader? What are the requirements for users to start their own NFT-companies in Ninja Fantasy Trader? Can users purchase already built NFT-companies from Marketplace? What are the incentives, benefits of users who own their own NFT-companies? lastly, Can you share on different ways in which CEO of NFT-companies can generate passive income by owning these NFT-companies?
Ariel Morales
To Have an NFT-Company you need to have at least 3
NFTraders. Having a company gives you the option to create tournaments. Users will pick the three NFTraders to mint
that NFT-Company and once created you can buy and sell in our marketplace as
any other NFT. One of the main features and benefits of owning a NFT-Company is
that increase your NFTraders levels under the NFT-Company umbrella. So you can
make the same trade but having better profits and also the our staking program
is based on NFT-Companies. So investors who want to stake the token have to
“invest” in any of the NFT-Companies in the marketplace. It is a fun
way to stake our token. So this way, NFT-Company owners can take a percentage
of that staking.
Pavel P
Will these companies have their personal ratings?
That could be smth to help users better choose where to
stake
Ariel Morales
Yes, they will have a performance based on the trading
operations (profits and lost) they are having and based on this is how much the
staking will be. So you as investor will be making more or less based on that
company performance, as happen in the real stock market. So you decide when to
put or take out your investment from company to other. As the same time the
owner of that company has to the his best in order to keep that investor happy
Pavel P
Amazing! Thank you for these great answers during the first
part of our AMA!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Ayuba Peter
Is there anything I can do to increase my chance of being whitelisted for Ninja Fantasy presale?
Ariel Morales
Be one of the first in our Discord Server and meeting the basic requirements listed. Be engaged and active is the best way. Also having the minimum amount of 0.1 ETH which is the cost of one NFTrader in presale
Q2 from Telegram user @Rakshhit
How much Samurais we should have to access the Game?
Ariel Morales
Just one is enough! owning more than one in presale comes with some incentives! For instance: if you purchase 10 you will get an extra NFTrader!
Q3 from Telegram user @Arnav
While exploring the project I got to know that there is a “GENETIC LAB”
Can you tell us purpose and functions of this lab?
Ariel Morales
Interesting question! This is where new NFTraders come to “live”! having two NFTrader you can breed them after 5 real days you get a new NFTrader with some genes from parents
Q4 from Telegram user@Lio
Security is important for Trust and safety . Are there any Audit plan of your project? Can you please share your roadmap ahead of your project?What are your security priorities?
Ariel Morales
Ninja Fantast Trader team takes very seriously this aspect. After this very first stage of the roadmap which is presale and public sale of the Samurais Collection. Next step on the roadmap is having audited all our smart contract for a certified authority and also audited our system for potential security breaches. You can see more details in our roadmap details: https://whitepaper.ninjafantasytrader.com/ninja-fantasy-trader-platform/roadmap
Q5 from Telegram user @Solana
Can you share what are the unique/special feature that Ninja Fantasy Trader game have than other blockchain game competitor ? thanks in advance
Ariel Morales
Yes. This question is one of my favorite. We believe Ninja Fantasy Trader is very unique as a Play To Earn Game because the real market can affect the internal ecosystem of the game but also the internal ecosystem can affect the real market! and This! is something that you can think of how many Play To Earn game or Games in general can be proud of!
Q6 from Telegram user @Ravan 👿
What is the main difference between Iconic NFT building & NORMAL NFT building ?Could you please provide more information on this?
Ariel Morales
These are Unique NFT Buildings located in the main Traderland City called Traderland Downtown. This is the city with the major investment capacity for companies. So basically, having a company located in this City you going to have access to a greater limit of investment (staking) in your company, as a result you will get more passive income for your trade operations
Q7 from Telegram user @aemorales
Hi! I am new to your project . Can you please tell me what is the blockchain your project will be launching? will there be support of multiple chain in the future??Also do you have staking features??
Ariel Morales
The presale and public sale Samurais Collection will be live in OpenSea, so the initial blockchain for getting any of the NFTs is Ethereum. The game very soon will be live and it will be based on Binance Smart Chain (BSC). So all the Samurais Holders will be able to have bridged their NFT to our Marketplace and take advantage of lower gas fees. Down the road we are planning to support more blockchain networks
Q8 from Telegram user @aemorales
Do you have any ambassadar programme whoever wants to contribute in your project? How do you see as a community importance and project awareness in the global level where english is not spoken?
Ariel Morales
Yes we are defining the structure of this program yet and will be announced and spread out in our community. But in the mean time all the ideas and volunteers interested in starting and developing a community are always welcome. You all can contact us in our discord sever: https://discord.com/invite/A4aCehasYp and you will get always an answer
Q9 from Telegram user Vish 2021
How can we trust your project & we believe you are not a SCAM project? Nowadays so many Rug-Pulls and exit SCAM are happening now? Thanks
Ariel Morales
You always have to do your own due diligence in the crypto space. Sometime for me something that make a difference is if the project is just an idea or have some effort and time dedicated to build something a offer a touchable value proposition to the community. In our case we have developed already a demo for the marketplace and a demo for the play game where users very soon will be able to confirm how serious and committed we are on what we do. Having these AMA sessions and having a face behind you can track and confirm is another excellent way to have also a postive check. Having said this. I’d like to share two small videos of our demos so the community can confirm all these (if the admins allowed me)
Q10 from Telegram user @Alicia Correa
How can we have access to the VIP Membership and the VIP Trading Group?
Ariel Morales
Owning a Samurai. You can get a Samurai minting in the Presale and Public Sale. There is also a way to owning one, which is participating actively in our Community in Discord. We are announcing giveaways frequently. https://discord.com/invite/A4aCehasYp
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Plato Farm Team will select 5 questions and answer them.
For more details: Plato Farm – @platofarm Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
