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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 ValleySwap and our guest was . The AMA took place on the 15th of March
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community! We are pleased to
announce AMA with ValleySwap
Pavel P
Hello Satoshi Club! Let us welcome our guest from Valley
Swap – @valleyswap
ValleySwap (The best bot owner)
And i on behalf of ValleySwap team is delighted to be here
guys
Pavel P
Welcome to Satoshi Club!
Gold Rocket | Satoshi Club
Hello and welcome to Satoshi club
Pavel P
How are you doing today?
ValleySwap (The best bot owner)
Hey, hola, halo!
I am alright, thanks. and you guys?
Gold Rocket | Satoshi Club
We are really excited about upcoming AMA with you
Pavel P
Excited to see you here with us! Pretty sure we’ll have a
great AMA!
Pavel P
Let’s start!
ValleySwap (The best bot owner)
for sure. i am ready
Gold Rocket | Satoshi Club
Introduce yourself please. How did you get to be involved in
crypto & ValleySwap
Gold Rocket | Satoshi Club
Tell us please about your position in ValleySwap
ValleySwap (The best bot owner)
ValleySwap is the team of 13 for now. Devs, marketing, mods.
As for me, i am covering marketing+mods. I am involved in every banner you see
throughout the internet, in every bad that appears with VS promotion. Together
with my dev colleagues we decided to benefir from a growing and promising
network – Oasis emerald
ValleySwap (The best bot owner)
Every team member has huge experience in his field of crypto
Gold Rocket | Satoshi Club
Is your team anonymous?
ValleySwap (The best bot owner)
the answer is yes for now
Gold Rocket | Satoshi Club
Tell us about the benefits of ValleySwap. How is it
different from others?
Pavel P
That is a short response to one of our questions
Gold Rocket | Satoshi Club
the main thing is to be able to make cool stickers
ValleySwap (The best bot owner)
Mainly it’s different because of our team’s experience. we
combined our devs skills with promotional skills of our marketing team and
managed to attract lots of attention from users. Our AMM is a unique DEX with
the launchpad. I hope tomorrow we announce our first ICO project, we really
wanted to announce it last week, but we are waiting for the audit from our
partners. Btw i can tell the name of the ICO project – gamery
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
ValleySwap (The best bot owner)
yes i am!
Pavel P
Q1 from Telegram user @thisistoyin
I understand that ValleySwap is a decentralized exchange on the Oasis Emerald paratime that includes features like liquidity farming, swap and IFO. And it was stated that Yield Farming allows users who provide liquidity to earn VS rewards by locking their LP tokens in a smart contract, could you Elaborate more on these? What is the lock period of staked VS in your LP? How is these proposed Rewards Distributed? Is there a guide to which Beginners could easily relate to in other for them to Provide Liquidity And also Learn about it? Can you also chip in about Details regarding your Gas Fees with regards to Yield Farm And Swapping of Tokens within the Oasis emerald paratime? Thank you”
ValleySwap (The best bot owner)
Thanks! There is no vesting, there is no lockup. We’ve
collected most details on our gitbook – docs.valleyswap.com. gas fees on oasis
emerald are extremely low! that’s what will benefit most users that accept our
AMM and launchpad in long term!
ValleySwap (The best bot owner)
Gold Rocket | Satoshi Club
Thanks for sharing
Pavel P
Satoshiclubbers – please join the gitbook to know more –
docs.valleyswap.com
Gold Rocket | Satoshi Club
Do you want to add something or can we proceed to the next
question?
ValleySwap (The best bot owner)
actually the question is too long, but the answer is simple,
i’ve provided it
Pavel P
Let’s see the next question now!
Pavel P
Q2 from Telegram user @victorogb
Going through your tokenomics information and trying to understand the economics around your native $VS tokens, I discovered that you will allocate an initial supply of 2 million $VS tokens, where approximately 500,000 $VS will be burnt. Firstly, can you briefly explain the rationale behind the initial 2 million $VS tokens? Also, over time how much more tokens will be released, and what will be the tentative total supply of $VS? Finally, can you briefly outline some of the economic and platform utilities of your native token, what sort of operations, rewards and benefits do they give the user?
ValleySwap (The best bot owner)
The supply of VS token is not limited. As we offered,
currently we provide burns with 100% of AMM earnings and our arb bots earnings,
but we will come out with an automatic burn mechanics before the end of the
year.
As for VS token itself, we will provide more utilites for
it:
1) our ICO projects will have VS pools with nice APRs
2) After we conduct first 10 ICOs we will start a new ICO
mechanics that will include VS token in it
3) We are working on adding VS token to a respected CEX
and we are working on ValleySwap promo 24/7!
Gold Rocket | Satoshi Club
Well… really ambitious plans…
Gold Rocket | Satoshi Club
Тhanks for your great answers
ValleySwap (The best bot owner)
we are also listing ValleySwap dex on cmc, so the volumes
will be tracked there. hopefully soon
Pavel P
Where will the users be able to buy VS token? Which DEXes?
One of the features that support decentralized trading offered by ValleySwap is Initial Farm Offerings (IFOs). An Initial Farm Offering is an event that allows users to purchase new tokens from new projects. What common features does it have with launchpads? You also say that this offer is limited in time and the number of coins available for purchase. So, what are the main requirements for participation and amount of distributed tokens? Does it depend on the amount of ValleySwap token held? Thank you!
ValleySwap (The best bot owner)
Well mainly projects’ founders take over the rules for their
ICOs. We mainly focus on correct and healthy tokenomics, contract audit made before
the ICO start.
And we won’t charge any project any fees for the first 10
ICOs at our launchpad!
Pavel P
Do you already have a schedule for upcoming ICOs?
ValleySwap (The best bot owner)
Oh man, i am having some hard time with it. We ought to
start an ICO for the project called gamery this week. We are waiting for their
contracts to be audited before ICO starts.
Gold Rocket | Satoshi Club
Of course safety first
Pavel P
I see! In any case, I’m pretty sure it’s a question of time
now
Gold Rocket | Satoshi Club
Indeed
Thanks for your great answers
ValleySwap (The best bot owner)
yes it is
Gold Rocket | Satoshi Club
Ready to proceed to the next question?
ValleySwap (The best bot owner)
i will do my best to start it within 1-2 days
yes
Pavel P
Q4 from Telegram user @ghostofcharmeleon
Hello, ValleySwap team.
After studying your project, I wanted to try it in action. Unfortunately I don’t use CEX platforms. Please tell me how I can migrate my stems to buy native toxin $VS from third-party networks? How many commissions will I have to pay and how difficult will it be to transfer them from, say, BNB chain?
ValleySwap (The best bot owner)
we are the DEX for the moment! VS token is the native token
of DEX!
our DEX operates on oasis emerald paratime – EVM comaptible
network. and to be able to bridge some funds to it you can use our official
bridge partner – EVODeFi bridge
they operate within 15 networks (like BNBchain, Polygon,
avax, cronos, ethereum, solana, tron, fantom, moonriver, gnosis, etc…) and
they charge 0% fee for bridging to Oasis!
they charge 0.1% for bridging from Oasis
Gold Rocket | Satoshi Club
By the way, what guided you in choosing an oasis emerald
Gold Rocket | Satoshi Club
Oops
Gold Rocket | Satoshi Club
you answered my question
Thanks
Indeed, the benefits are obvious!
Ready for the next question?
ValleySwap (The best bot owner)
yeah
Pavel P
Q5 from Telegram user @jameslekan664
It is interesting to have found out that there is no form of Sign Up or KYC on the Valley swap platform as a user can just connect his/her wallet and begin to trade. I’m quite confused as to tagging this as either an advantage or disadvantage. Don’t you think this may pose some disadvantages as bad actors may use this opportunity to launder illicit funds?.. What security strategies does your platform then has on ground to cover up for the vacant KYC/SignUp process? How will you ensure that investors/users funds are protected?
ValleySwap (The best bot owner)
frankly, i don’t get the sense of the question. what kyc
does he want in our defi world? as for our contracts – those are audited by
tier1 audit company Paladin. Our AMM contract is also being audited right now,
and Paladin will come out with the review within 1-2 days. If speaking aboyt
our launchpad, we will require audits
Pavel P
So, everything is much easier here! Wait for the audits to
confirm ValleySwap is 100% and TRADE!
ValleySwap (The best bot owner)
our usera have been trading for the month already
and they are happy with their experience
Pavel P
Great! One more prove that the community should not waste
their time!
ValleySwap (The best bot owner)
we are a DEX – decentralised exchange
Pavel P
Perfect! Let’s see the last question of part 1 now!
ValleySwap (The best bot owner)
let’s do that guys
Pavel P
Q6 from Telegram user @highpee
Your token started with an initial supply of 2,000,000. However, it is an inflationary designed token with an emission rate of 10 $VS/block. Why do you prefer this type of token design rather than a token structure with a maximum supply? In addition, you said that you will use AMM fees and arbitrage bot’s earnings for buyback and burn. How do you use arbitrage bot for earning and how frequent will your buyback and burn event be carried out?
ValleySwap (The best bot owner)
i’ve already covered some of that question, but i will give
more details for sure! for the moment all funds earned from either amm fees or
arb bot earnings are collected for buybacks. after we buyback we burn tokens.
usually a burn is planned once a week before we develop automatic burn
mechanics
Gold Rocket | Satoshi Club
this is wonderful. share with us your useful links to social
networks before we open a chat
Once we close it back please choose 10 questions to answer
Part 2 — live questions from the Telegram community
Q1 from Telegram user @highpee
Can you explain the issue surrounding your project use of EvoDeFi and some issues that has been raised as it concern an EOA address having access to asset stored in this contract? Is there any relationship ason to be worried or are this just handiwork of fudders or detractors?
ValleySwap (The best bot owner)
Hi! Thanks for reaching our. As i tried to explain lots of times, we picked evodefi as one of the top bridges for stables/btc/eth. Their owners have passed rugdoc KYC (rugdoc.io is a very trustable source for defi world). And all funds on evodefi are completely SAFU
Q2 from Telegram user @Meta_ji
There are many Launchpads available in crypto market right now, so why projects should choose ValleySwap to launch their token?What’s the Main Benefit?
ValleySwap (The best bot owner)
The answer is simple: it’s the top OASIS launchpad for the moment. and we will keep developing and promoting our launchpad.
Q3 from Telegram user @Rozielyna
What is this contest all about? How can I Join the ongoing Contest?
Do you still have plans to list on Gate io or are you trying to get listed on other CEX? If yes Can you name the exchange if possible? How you are planning to expand your ecosystem? What are you doing to gain your audience to support you?
ValleySwap (The best bot owner)
Hey. yes, i am trying. i am also supposing mexc.
Q5 from Telegram user @hridoybosss1
Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?
Will Holders of the $VS token Participate in Governance and voting on ValleySwap Platform?
ValleySwap (The best bot owner)
Hi! YEah! We have that planned for Q3 2022. We will update our docs concerning more details of governance.
Q7 from Telegram user @messilolz
Do you have any plan to be public in the near future? Will you stay anonymous for forever?? Is there any possibility of doing voice chat with you?
ValleySwap (The best bot owner)
We’ll think over a voice chat, why not? we will stay anonymous for a while, but a voice chat can definitely be held. for example, a voice community ama. let’s keep it in mind!
Q8 from Telegram user @RahulAmbani5
Why did you Choose Oasis network to develop ValleySwap? What unique features did you find on Oasis network that made you choose that?
ValleySwap (The best bot owner)
Hi! Oasis will explode this year. and we together with our coomunity wNT to be among the early comers!!!
Q9 from Telegram user @Gemshunter22
It is very risky to trust on anonymous team project where many project rug pull and scams. How can investor be sure project is safe for investment? What has your project done to make it safe and legit to gain investor trust?
ValleySwap (The best bot owner)
i will just randomly pick the last 2. tier1 audit. that’s the answer to your question!
Q10 from Telegram user @Amalia_233
Would You Please tell me About the $VS Staking and Farming Pools , To Join the FARMING POOL and STAKING What I have to do and Tell me Some Staking benifts ?
ValleySwap (The best bot owner)
The best rewards are provided for staking our native token. But we have the great stable pool also! Just bridge your stables to get 30% APR!!!
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 Sougar Bounce and our guest was . The AMA took place on the 15th 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 Satoshi Clubbers Welcome to our AMA session with
Sougar Bounce
Robocop | Satoshi Club
Today our special guests is @NRay84
Welcome to Satoshi Club!
Jonah 🏅🎹
| Satoshi Club
Hello @NRay84 welcome to Satoshi club
Jonah 🏅🎹
| Satoshi Club
Hello welcome
Navin Ray
Hello everyone ,
Its a pleasure meeting all of you. Thank you for hosting
this AMA
Jonah 🏅🎹
| Satoshi Club
We are Glad to have you here
How is your day going?
Robocop | Satoshi Club
Welcome to Satoshi Club @NRay84, how are you today?
Navin Ray
Its going well. Just a little bit hectic our Sugar Streams
beta went live a couple of weeks ago and
its been very exciting
Jonah 🏅🎹
| Satoshi Club
Exciting
Let’s start our AMA
Navin Ray
Sure
Robocop | Satoshi Club
We are so excited to do AMA with Sugar Bounce
Lets Start !
Jonah 🏅🎹
| Satoshi Club
Can you please introduce yourself to us how you got into
crypto and how sougar Bounce started?
Navin Ray
I’m Navin Ray. I am the CEO
of SugarBounce. I used to work in the adult industry for more than 10
years.
As with most crypto enthusiasts, my journey also started
with the OG – BTC. It was about 2017 when I got acquainted with Bitcoin, then
invested a little bit and then spent a lot of time reading about blockchain and
crypto currencies and realized how the adoption of this technology in the
industry I was working in would change the way the adult industry runs.
Two of my devs are from my previous organization. I have
known them for a while and when I told them that I would be starting this
project, they decided to join me on this journey and that is how SugarBounce
was started.
Navin Ray
Done
Jonah 🏅🎹
| Satoshi Club
Great Background
How many people do you have working on this project?
Robocop | Satoshi Club
Thats great background and experience !
Navin Ray
We have a total team of 10 people in house and another 10
working on a contractual basis. We block chain developers , streaming
engineers, designers. Our Head of Talent – Sabien , Head of Outreach – Diana
and Coach for models – Genny are all current Cam Models. If you see, this is actually the perfect team
with the right set of skills to ensure the success of our project SugarBounce.
Robocop | Satoshi Club
That’s a great team ! by the way what is Sugar Bounce ? can
you introduce to us ?
Navin Ray
Sure.
SugarBounce is an ecosystem
of 6 different platforms which will bring all kinds of online adult
entertainment under one roof. It is a merger of two worlds: adult and crypto.
The platform is geared towards making the lives of people working in the
adult industry better and will bring in an amalgamation of P2P streaming, IPFS,
and NFT Tech to bring a never-seen -before experience to viewers.
Navin Ray
Done
Robocop | Satoshi Club
Thank you for the great introduction !
Jonah 🏅🎹
| Satoshi Club
Thank you for the
introduction
We will like to dig in further with our community questions
are you ready?
Robocop | Satoshi Club
Are you ready for the part 1 for 6 question from our
community?
Navin Ray
Absolutely lets go for it
Robocop | Satoshi Club
Q1 From telegram user @victorogb
When it comes to projects with contents built around themes of NSFW entertainment, users and particularly investors are kin to know the kind of artists/models, contents and products put out by such projects. On the backs of this, SugarBounce will offer its Streams dApp, which is said to already have 100 models unboarded, is developer tested and will include other premium features. Dwelling on this, can you briefly guide us through some of your models and sort of services that will be offered, and how was SugarBounce able to successfully unboard 100 models? Are there plans to add more? Also, asides your models and the contents they offer, how can a user optimally benefit from your Sugar Streams dApp, what other DeFi feature is incorporated therein?
Navin Ray
Well to start with we have a lot of award winning or
nominated models like Arthur Eden , Ashley Ace , Sara Croft , Barebackpackers
and even Sabien Demonia who apart from being a cam model is also our Head of
Talent. As to how we went about getting these 100 models , its relatively
simple we already had contacts in the adult industry and when we spoke to the
models about the platform they all decided to put their faith in our platform
and join up. We also offer models a signing bonus and a streaming salary to
join us and have ads out in most of the adult industry publications so the
models see that and approach us directly as well. The plan is to have as many
models join the platform as we can there is no limit on that.
Models and their content are the main feature of Sugar
Streams but for users who stake $TIP on https://app.sugarbounce.com/ get access
to exclusive VIP features on the platform and invites to exclusive events that
we host.
Jonah 🏅🎹
| Satoshi Club
So do you currently have an opening for interested Models to
reach out to you?
Navin Ray
We do and I am happy to say more an more models are reaching
out to us everyday
Robocop | Satoshi Club
That’s great Thank
you for your answer !
Jonah 🏅🎹
| Satoshi Club
Great
Thank you for your Answers
Let’s proceed to the next question now
Robocop | Satoshi Club
Q2 From Telegram User @GracieEne
You said your goal is to empower content creators with the tools to develop and distribute their contents to the masses using the Sugar Ecosystem. Can you enlightened us more about these tools? How will you go about empowering content creators using these tools? Are there specific skills you want to teach them? You also said that top creators who bring maximum amount of traffic and revenue to SugarBounce will be rewarded. What are some of the mechanisms creators can use to bring traffic? In what ways will they be rewarded?
Navin Ray
We are introducing the models to crypto, a world where they don’t have to be
discriminated at the hands of banks and payment processors , a world where they
have NFTs backing their content so they can have ownership of it and get
passive income even after the leave the industry , a world where their anonymity is protected
and a lot more. These tools will empower them and usher in a huge change in the
adult industry.
Models can use their considerable following on social media
to bring in traffic or use affiliate links that they can post on blogs and
other places which bring in more users. They get a direct fee on every new user
that they bring to the platform
Jonah 🏅🎹
| Satoshi Club
This is Impressive
Thank you for your Answers
Do you want to add anything to this?
Robocop | Satoshi Club
Thank you for the answer, are you ready for the next question?
Robocop | Satoshi Club
Q3 From Telegram User @meml97
One of the biggest problems the Adult Industry has faced since its beginnings is the piracy and poor copyright protection of the content. However, I saw that this is one of the problemas SugarBounce will try to solve with its platform, can you tell us more about it? How will you be able to fight against content piracy? How will you help creators on the platform protect their work? What kind of security systems to protect their copyrights will you implement in SugarBounce? Speaking of which, I was wondering, will this copyrights only belong to creators or will SugarBounce receive some rights from their work being on your platform as well?“
Navin Ray
We have DRM for this. DRM is Digital Rights Management. It
works by restricting playback of a file solely to users who
have authenticated with a third-party DRM license server.
DRM accomplishes this by including, or packaging, a DRM header in the segments
of the file. The DRM packaging includes the information required to contact the
license server and any encryption
information needed to play a file. In the Sugar
Architecture, the video is transcoded and then sent to a trusted DRM service
provider to become secured. This is then sent over to our CDN where only
authorized viewers are able to view the video. We will be backing all their
content with NFTs so models have ownership of it at all times.
Jonah 🏅🎹
| Satoshi Club
So was DRM developed by sugar finance and what is the CDN
all about?
Robocop | Satoshi Club
Do we possible to trade buy/sell Sugar Bounce NFTs ? do you
have your own NFT Marketplace ?
Navin Ray
Well there are DRM software already available that you can
integrate but if need be we will develop our own.
Jonah 🏅🎹
| Satoshi Club
Great
Navin Ray
Sugar Markets is going to be our NFT marketplace which we
will launch at the end of the year where anyone can buy sell NFTs and not just
normal NFTs but also utility NFTs
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Let’s proceed to the next question
Robocop | Satoshi Club
Impressive!
Thank you for the answer ! do you want to add something or
we can go to next question?
Navin Ray
I am good we can move on.
Robocop | Satoshi Club
Q4 from Telegram user @highpee
You said that your token model is different from general token design as it is based on actual performance of your platform which would allow you to increase total token supply based on certain Key Performance Indicators (KPIs). Can you explain more about the mint-and-burnt attribute of your contract that can cause additional tokens to be minted on a monthly basis? What are these KPIs that you evaluate to justify continuous monthly minting of token and who approves the minting of token into circulation as your platform grows? How will you be able to strike a balance between inflationary token supply and achieving a healthy token supply to maintain value? Lastly, how are you sure these window will not be exploited to mint several copies of your token which may later be dumped on the community?
Navin Ray
What we have come up with is a performance-based token,
$TIP, where we linked token generation with token adoption. So only and when
there would be models onboarded on the platform there can be any kind of token
generation into the ecosystem, otherwise, there would be no tokens that would
come into the ecosystem other than that available for private sale and crowd
sale. As per our data from our work in the adult industry every model brings
with them 1000 to 2000 unique users to the platform. So every model that we
onboard is not only bring new tokens but also holders of those tokens.
$TIP is a completely deflationary asset. Our maximum supply
is fixed to 199 million tokens. Its in the smart contract so no tokens would be
minted beyond that but the maximum supply may or may not be reached if models
don;t come to the platform. Also from upto 25% of the net profits we will be
buying back and burning tokens so the supply of the tokens is always decreasing
and can never reach the maximum supply. Its purely deflationary.
Jonah 🏅🎹
| Satoshi Club
Thank you for your detailed answer
Robocop | Satoshi Club
Thank you for the detail answer
Jonah 🏅🎹
| Satoshi Club
Let’s proceed to the next question now
Robocop | Satoshi Club
Q5 from Telegram user @Xusuo
It takes my attention that SugarBounce have VIP feature for their member, but what makes VIP feature really special and exclusive? Can you please mention here all benefit if we join VIP access in SugarBounce? also what should a user do or what are the requirement for join into VIP access SugarBounce?
Jonah 🏅🎹
| Satoshi Club
By the way Satoshi Clubbers their will be a surprise at the
tail end of our AMA
Pour in your reactions to this post
Navin Ray
Well VIP features include private messaging , access to
private shows , cam 2 cam features and invites to exclusive metaverse parties
and real live ones as well.
We will like to proceed to the last question for this part
are you ready?
Navin Ray
Ready
Robocop | Satoshi Club
Thank you for the answer, let’s continue to last question
from part 1
Robocop | Satoshi Club
Q6 from Telegram user @thisistoyin
“Hello Sugar Bounce Team.
It was quite interesting to see that One of the reasons you decided to launch with Sugar Streams is that users of adult cam sites actually go through the process of buying tokens to tip performers. & I Understand that your Token $TIP is A Necessary Requirements for Everyone who wants to Use your Platform, and that you will have payment options for both Normal users and Crypto users, but the privileges for people using $TIP as payment will be far more than that of the normal users. Hence, i would appreciate it if you could give Clear Elaborations on these two type of Users inormal & Crypto Users) in your ecosystem, & What Sort of Incentives or Benefits does the Normal and Crypto Users possess? And how can we easily buy the $TIP token? Thanks
Robocop | Satoshi Club
Yes ! Satoshi Clubber love surprise . Don’t miss this opportunity !
Navin Ray
Well once we open for the normal public and have both normal
modes of payment for normal users and payment in $TIP for holders of our token
the pricing for both would be different as in holders of our token would get
discount pricing and higher level of access than normal users. We are hoping
when people see this more an more normal users would end up buying $TIP to pay
because who doesn’t like a good deal
Chat will be opened for 120 secs and our users will ask you
their questions directly, are you ready for them?
Robocop | Satoshi Club
Thank you ! Now we will open chat for 2 minutes and then
chat will be closed –
you can start select 10 best questions !
Part 2 — live questions from the Telegram community
Q1 from Telegram user @TarJan208
What are the criteria & Eligibility to signup on your platform? How will You verify all the Personal Infomation & background of the Artist?
Navin Ray
We do a comprehensive KYC for all models and performers signing up on the platform to ensure no underage models join the platform. You have to be above the legal age to join the platform that is the sole criteria.
Q2 from Telegram user @Lestmarisv13
SugarBounce’s native engagement pool has over $2.9 million TIP staked, which has been amazing to see how people actually believe in the project. Can you tell us more about the SugarBounce staking program? What are the requirements to access this program? Advantages?
Navin Ray
A) Staking $TIP is quite simple. All you have to do is:
Go to: app.sugarbounce.com and Connect your Wallet
Select the pool of your choice and enter the amount of $TIP you want to stake
Click on Deposit, a MetaMask pop-up window will appear – follow the instructions to complete the transaction.
After successful completion of the transaction, your $TIP tokens will be locked into the platform for the duration of the period selected and you can earn APRs of upto 250% As for our VIP stakers – Users who stake in the VIP pool will not only get access higher APR but also will be able to get premium features on the upcoming Sugar Streams dApp.
Q3 from Telegram user @Akira236
Platform has onboarded 1000+ Performers on Sugar Streams Platform, In Coming times, what number would you like to to Reach? Have you set any target?
Navin Ray
Well we have right now onboarded 100+ models but eventually the goal is to have as many models as possible. Just a small example a project in the traditional realm that launched about seven months back has over 7000 models now. So if done right there is a huge upside to the number models that we can onbaord.
Q4 from Telegram user @munishgmr
Have You planned to Collaborated with Popular Adult Artist? Or Is there any Collaboration already done?
Navin Ray
We have kiki Minaj , Blondie Fesser and Alix lynx already onboarded as ambassadors and some even more bigger names on the way
Q5 from Telegram user @DEZPOV
What is the minimum I have to spend to buy $TIP tokens? What benefits will I get if I hold the $TIP token? and can you tell me at which exchange the $TIP token is available? Can you give a brief about this?
Do you consider the importance of community feedback/requests when developing your product to come up with new ideas for your project? Many projects fail due to the lack of understanding of the target audience and clients. So, who do you think your ideal customer is for your product?
Navin Ray
Yes we do. Anyone from the community any user or even performer can send their feedbacks to team@sugarbounce.com Our ideal customer is anyone who enjoys watching adult content online which I can confidently say most adults
Q7 from Telegram user@AMAl111222000
Is your Project a local and a global project. How many People do you have for non english user? Can anyone uses your services from anywhere in the there are any restrictions of using your service?
Navin Ray
Our project is global . We have different language models on our platform like french and german and plan to have separate rooms for all such users
Q8 from Telegram user @K2ice
I learnt that OnlyFans are already seeking to to branch out from adult contents. This means that one of your competitors is already out of the game. What do you see to this? How best will you make use of this advantage? And is it possible also for Sugar Bounce to branch out of adult contents later in the future?
Navin Ray
OnlyFans seeking to branch out is a huge oppurtunity for us. We have already started to reach out adult content creators who feel betrayed by this. Sugar Pals will be a content agnostic platform, we will never discriminate on the basis what kind of content the creators put out.
Q9 from Telegram user @MCBTrade
Most of the crypto projects are projects that move a traditional system to the blockchain field. Therefore, they have to both develop in the crypto space and attract customers/users from the traditional space to their platform. We are the people who believe that the concept that we define as the “traditional area” will disappear over time and that it will be completely switched to the blockchain system. But a much larger audience is still far from crypto. How did you analyze this table and how did you attract people who are interested in adult content to your platform? In this process, has blockchain given you an edge over your
Navin Ray
Well adoption is what most projects are looking to do because the only way to ensure your project is successful is to have normal users switching over. As i explained earlier there will be discount pricing and more access to convert people to crypto users but yes blockchain definitely gives us an edge over all the competitors in the traditional realm
Q10 from Telegram user @Super Man1000
The community is an essential resource for every project. How are you going to educate the community that the Sougar Bounce project you offer them is long term? Do you have the funds and a strong team to be able to develop this project in the future?
Navin Ray
We try to by showing development, our roadmap our vision. Any good protocol takes a little time to mature and there are always people looking for overnight success but i think almost all community members understand that real growth only comes with long term holding that is why we so many stakers in our VIP pool
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$/5 users – Open chat for 120 seconds. You can post Max 3 questions. ValleySwap Team will select 5 questions and answer them.
For more details: ValleySwap – @valleyswap_chat Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. ValleySwap Team will select 5 questions and answer them.
For more details: ValleySwap – @valleyswap_chat Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
Part 1: 50$ /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$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Drunk Robots Team will select 5 questions and answer them.
For more details: Drunk Robots – @drunkrobots_chat Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
Part 1: 50 /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 50/5 users – Open chat for 120 seconds. You can post Max 3 questions. Drunk Robots Team will select 5 questions and answer them.
For more details: Drunk Robots – @drunkrobots_chat Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonezia – @satoshi_club_indonesia
Part 1: 50$ /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$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Slope Finance Team will select 5 questions and answer them.
Part 3: 200$ – A quiz about Slope Finance
For more details: Slope Finance – @Slope_community Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
