Month: April 2022

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Metabot2150 and our guest was . The AMA took place on the 30th of April.

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

Robocop | Satoshi Club

Hello Satoshi Club community ! We are pleased to announce today AMA with Metabot2150

Robocop | Satoshi Club

Today our special guests is @marvin998SOL

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with Metabot2150

Hello and welcome to Satoshi Club @marvin998SOL

Marvin

Hey, guys! this is Marvin, head of marketing, from Metabot2150 Team

Gold Rocket | Satoshi Club

Nice to e-meet you

How are you doing today

Marvin

pretty good. yourself?

Gold Rocket | Satoshi Club

We are really excited about upcoming AMA with you

Robocop | Satoshi Club

We are also very good, so excited to do AMA with Metabot2150

Gold Rocket | Satoshi Club

Let’s start with the introduction to warm up.

Introduce yourself please. How did you get to be involved in crypto & Metabot2150

Tell us please about your position in Metabot2150

Marvin

Yup!  I’m Marvin, head of marketing from Metabot2150 Team.

I joined the Team from last year with other core members to start this project.

Gold Rocket | Satoshi Club

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

Robocop | Satoshi Club

How big are Metabot2150 team ?

Marvin

Right now, we have like over 20 team members here, and we base on Hongkong and London, work globally.

Brad and Alex is our core gaming developers and they’ve been working in game industry for over 12 years. King is our CTO and he’s worked in fortune 500 company before.

Gold Rocket | Satoshi Club

Is your team anonymous?

Marvin

We all have very solid work experience background. And we shared some resources with our eco-partnership with SYPOOL.

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of Metabot2150

Marvin

Sure!

Gold Rocket | Satoshi Club

It seems to me you built a dream team

Marvin

Metabot2150 is a gamefi and landfi project on Solana that integrates minning, simulation, PVE, PVP and sociality in P2E model.

The story takes place in 2150, era of automation when Metabots, a robot with high performance have repalced most jobs. So people have embared on a journey with their metabot to explore its secret.

Gold Rocket | Satoshi Club

Tell us please about the benefits of Metabot2150. How is it different from others?

Robocop | Satoshi Club

Really interesting story

Gold Rocket | Satoshi Club

Impressive concept

Very similar to real life

Marvin

Players have multiple ways to earn in the game. They can either act as Quantum Force owners/sellers, or energy suppliers & labor lessor. Players can use Quantum Forces to generate in-game currency, which we call mitcoin.

Gold Rocket | Satoshi Club

How long does it take to develop a project?

Marvin

This project started from last year September. and just finished our second version of official website. Also , luckily, we have finished our pre-seed round last month to keep our project forward.

Gold Rocket | Satoshi Club

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

Robocop | Satoshi Club

Congratulation !

Marvin

Yes please go ahead !

Robocop | Satoshi Club

Q1 From Telegram User @Goalmessi1977

I learn that Metabot2150 is a Gamefi where user can do a lot of action like Mine, Ally, Create, Fight and Earn under Solana blockchain. Since I’m still new in cryptoworld, can you please introduce to us what preparation that user should have before start Metabot2150, or maybe do you have an article and guide about how to start? As a user, do we need to have NFT as a starter, if yes can you provide link how to buy the starter NFT?

Marvin

Well, it’s a good question. As a new gamer, you don’t have to own the NFT in the game. Like other gamefi project, you can lease or rent the NFT in the game. We will have genesis cities at the very beginning. Player can buy or rent the land plots from other players. The first round of genesis NFTs we’re going to release is our land plots which including 210 lands where you can find in the real world map. if you’re going to our website metabot2150.com, and click the Map button. Then you can see the lands we’re gonna release. In upcoming 2 weeks, we will have our quiz event and whitelist event , which will giveaway 2000 whitelists.

If you guys are interested, feel free to join our upcoming event. I believe if you have the genesis land when the game launch, your gaming experience will be much better than others.

But if you don’t have opportunity to get the whitelist, it’s totally fine. You can lease and rent the NFTs from other players or auction hourse in-game. If you own a lot of metabots you can also be a labor lessors to lease your metabot to other players so that they can rent them as their factories worker.

Marvin

hope that answered your question.

Gold Rocket | Satoshi Club

Robocop | Satoshi Club

That’s a great concept, by the way its mention about “Create” on game, can you explain what user possible to create inside MEtabot2150?

Gold Rocket | Satoshi Club

it is very democratic in relation to the players.

Marvin

 well the NFTs players can created in game is energy resources like water and electricity. Also, you can created the quantum force and quantum force related parts in the game.

Robocop | Satoshi Club

and can you please show us a photo or video of NFT from Metabot2150 ? maybe about the gameplay?

oh create NFT, really exciting

Gold Rocket | Satoshi Club

Marvin

These are some of the factores you guys can have a look.

Robocop | Satoshi Club

The art really good

Gold Rocket | Satoshi Club

Amazing

Robocop | Satoshi Club

Thank you for the great answer!

Gold Rocket | Satoshi Club

Thanks for clarifying and great answers

Gold Rocket | Satoshi Club

Are you ready for the next question?

Marvin

Yup!

Robocop | Satoshi Club

Q2 From Telegram User @Brigandin88

Metabot2150 takes my attention since we possible to earn inside the game, there are a lot of gaming blockchain which also ‘claim’ as Play-to-Earn but in the end it force player to spend money in their game. So I just wonder how Metabot2150 mechanism work to Earn inside game? What should player do to earn and how Metabot2150 plan to survive for long term since I believe every Play to Earn game will have a lot of ‘farmer’ ?

Marvin

There are many ways to profit in the game, players can act as Quantum force owners, energy suppliers, Quantum force sellers, labor lessors. Each profession will have different main incmes.Also, we have PVP mode, entrance fees are required before the PVP battle begins. The winners can take all the prizes after the battle. In the quarterly competition, the top group of players will be rewarded. Thirdly, two battle modes in the game. Players can explore the wildness areas to fight with monsters and collect unique NFTs or fight with players in the arena to get NFT rewards.

Additionally, multiple game play is “core” of metabot2150. Quantum Force owners need to hire metabots to generate Mitcoin, which can be sold as their main income; Energy suppliers need to build energy factory and hire metabots to generate water and electricity, which energy suppliers will sell as their income.

As a game player, you have too many chocies in-game to earn the rewards even if you dont own any NFT in the game.

Hope that answered your question.

Gold Rocket | Satoshi Club

Great answer. Thanks

Robocop | Satoshi Club

Do you also have own NFT marketplace ? is it already ready to access?

Marvin

good quesition!  market place features now available on our website. The Map features is available, too.

Gold Rocket | Satoshi Club

Sounds great

Welcome new resident to Metaverse in 2150, pls enjoy your exploration with your good friend,

Metabots

🔹 Website : https://metabot2150.com

🔹 Twitter : https://twitter.com/MBot2150

🔹 Discord : https://discord.gg/EHXDrvAD2s

🔹 Medium : https://metabot2150.medium.com

Gold Rocket | Satoshi Club

Robocop | Satoshi Club

Thank you for the answer, are you ready to proceed to 3rd question?

Marvin

sure, i’m ready!

Robocop | Satoshi Club

Q3 From Telegram User @DK177

The official website for Metabot2150 has been launched a few hours ago. According to your Medium article, you are going celebrate this event with the community by providing 10,000 worth of $SYP as Airdrop to active members. How do you identify “active” members? If users wish to receive this Airdrop, how should they stay active? As indicated in the same article, you are about to release your first round of NFT – land plots too. Please briefly explain about this upcoming event too.

Marvin

Yes, basically we will have a series event including official new website launch event, quiz event and whitelist event. Talking about first part, we are going to celebrate with our community by providing 10,000 $SYP and 2000 whitelists.

To have access to the task , you can go to the task twitter link:

https://twitter.com/MBot2150/status/1519997981969514496

and we will have a gleam link at the very bottom to identify how many tasks the participants have completed. Make sure you complete all the task to be eligible for being selected for the airdrop rewards and whitelist opportunity.

After that, our quiz event will release 5 whitelist, which is kinda different from the those whitelist from website launch event. 5 whitelist in the quiz event will 100% secure the final NFT qualfication. If you guys wanna win this whitelist, make you have read all the info we have posted on our website : metabot2150.com and all the twitter post and article from the medium.

Marvin

Hope that answered your question!

Gold Rocket | Satoshi Club

Don’t miss great opportunity Satoshi clubbers

Robocop | Satoshi Club

Don’t miss this opportunity Satoshi Clubber !

Can you please provide us more information about your partnership with SYPOOL ? what is SYPOOL?  also what are the plan for future partnership?

Marvin

Yes. SYPOOL basically is a asset management project and it’s a defi project. User can buy their tokens placed into asset chain pool for porfolio manager to manage. Our team and their team shared the same resources on Solana chain, and our investors shared some amoumt of other project’s shares. And we’ve been doing promotion for each others.

Gold Rocket | Satoshi Club

Btw you build on Solana, what was the reason for choosing this blockchain and are there any plans to expand to other blockchains?

Marvin

Good quesiton!

there are a lot of basic public chains options for the GameFi project to build one. The key point when Metabot2150 chose Solana chain is about what could bring the best experience and value to our community,

-Lower transcation fees

– develoer friendly

– high speed transcation

These are three key factors why we choosed Solana for Metabot2150.

Gold Rocket | Satoshi Club

Great answers

Thanks

Robocop | Satoshi Club

Thank you for the detail answer!

Gold Rocket | Satoshi Club

Are you ready for the next question

Marvin

yes!

Robocop | Satoshi Club

Q4 from Telegram User @Danylko_UA

Hello Metabot2150 Team!

You had stated on your litepaper that in the early stage of the game, there will be five (5) professions which are listed as follows; Operators, Energy Workers, Production Workers, Explorers and Fighters. Kindly explain each of the mentioned profession. What is the role and function of each profession in the game? Can a player take on more than a single profession (multiple profession)? What items/NFT’s is needed to start up each of the in-game professions? Talk about the gaming costs.

Thanks!

Marvin

Well, the profession you mentioned only be occupied by our main NFT, metabot. As operators and energy workers, they usually will be bought or hired by water station owner, electricity station owner or quantum force factory owner or other quantum force part related factory owner. That’s the PVE part.

Regarding the PVP part, we have PVP mode (when you have fighter profession on your metabot), entrance fees are required before the PVP battle begins. The winners can take all the prizes after the battle. In the quarterly competition, the top group of players will be rewarded. Thirdly, two battle modes in the game.Players can explore the wildness areas to fight with monsters and collect unique NFTs or fight with players in the arena to get NFT rewards.

Hope that answered your question!

Robocop | Satoshi Club

Do Metabot2150 already possible to play for now ? can you please share us the roadmap ?

Marvin

not yet. We’re planning to have mini game available for testing on smart phone during Q3.

If everything goes well, the official game launch will be in Q4

Robocop | Satoshi Club

Thank you for the answer, do you want to add something or we can go to next question?

Marvin

maybe i can post some roadmap pic

one sec

Robocop | Satoshi Club

Sure

Marvin

Here is the roadmap for 2022

We’ve doing great so far

Robocop | Satoshi Club

Great ! there will be staking system

Robocop | Satoshi Club

Thank you for sharing this

Gold Rocket | Satoshi Club

Really amazing

Robocop | Satoshi Club

Lets go to next question

Marvin

Yes!

Robocop | Satoshi Club

Q5 from Telegram User @yellowchamp

Upon reviewing your site,I found out that Metabot2150 provides the “Play to Earn” & “Win to Earn.” concepts. So,could you tell us why you choose to have this two concepts in your platform? Does this two concepts are already live and being applied already in your platform? Could you explain more about the mechanism and structure of your “Play to Earn” & “Win to Earn” concepts? Which concept is more recommendable to gamers especially to newbies and also to non-gamers that want to learn and earn in Metabot2150? As we know that this concepts are not so common to some gaming platforms,so what probably is your edge over other existing gaming platforms? Since you have “Play to Earn” & “Win to Earn.” concepts,does it mean that we need to spend money to play in your platform or you also have free game offers in your platform? Game is better played with mobile app so does Metabot150 has any plan for launching your game through mobile app version in the future? If yes,when can we expect for this mobile app to be live? Thank you

Marvin

Our project do have “play to earn” and “win to earn” concepts. As the beginning gamer, you have to at least rent the NFT to start the game.

There are many ways to profit in the game, players can act as Quantum Force owners, energy suppliers,Quantum Force sellers, labor lessors, etc. Each profession will have different main incomes. Also, we have PVP mode, entrance fees are required before the PVP battle begins. The winners can take all the prizes after the battle. In the quarterly competition, the top group of players will be rewarded. Thirdly, two battle modes in the game. Players can explore the wildness areas to fight with monsters and collect unique NFTs or fight with players in the arena to get NFT rewards.

Regarding the mobile apps, we do have mini game plan during Q3. At that time you’re able to play our testing game version on your smart phone. And if everything goes well, we will launch the official game client on pc during Q4.

Marvin

Hope answered your question!

Gold Rocket | Satoshi Club

Clear answer

Robocop | Satoshi Club

Its mention about unique NFT, can you give us more information what are the different with normal NFT?

Robocop | Satoshi Club

Do you mean its about rarity ?

Marvin

well, the first unique NFT is our genesis NFTs when the game is launching. I believe it will be a long time to be unique until player can produce them.

Talking about the real unique NFTs, it will be invented during the buyback event to solve the inflation problem of the in-game currency.

Marvin

hope that answered your question.

Robocop | Satoshi Club

Thank you for the detail answer! are you ready to proceed to last question from part 1?

Marvin

Sure!

Robocop | Satoshi Club

Q6 from Telegram User @Highpee

While reading through your tokenomics, the first 2 sentences that I read got me thinking. You said, “Mitcoin is a token that operate based on POW mechanism”, “It has an unlimited supply and it is inflationary”. Is the POW mechanism of Mitcoin similar to the POW model of Bitcoin which has been criticised by many as a result of high energy demand and unfriendliness to the environment? Also, why do you leave the total supply cap open and make the token inflationary rather than having a deflationary token? How is Mitcoin different from your other token, $MBTT, in terms of their utilities and protocol privileges, and which of them is most essential for a users willing to join your platform?

Marvin

Metabot2150 has “Bi-token”System.

We have Mitcoin- which is the in-game currency. Mitcoin is the token with POW mechanism. Players need to buy the Quantum Force and hire operators to generate Mitcoin. Mitcoin can be used to stake to earn MBTT, buy NFTs, buy MBTT, form new metabots, upgrades and maintain the HP of metabots.

The reason why we want to have unlimited supply is that we have kinda stable in-game currency value measurement to make sure that the inflation in the game will not influence the passion of the latecoming gamer.

For our governance token MBTT with limited supply of 1billion, you can buy NFTs, stake, submite proposals, prticipate in voting, buy mitcoin, form new metabots and upgrades.

If you’re worried about the inflation of in-game currency, we will stablized the value of Mitcoin by introducing incremental mechansim and new in-game currency to make sure this project will stand out among the competitors and will be running in a long term.

Marvin

Hope tha answered your question!

Robocop | Satoshi Club

Can you please share the tokenomics from Metabot2150 ?

Marvin

Sure one sec

Marvin

These are the tokenomics!

Robocop | Satoshi Club

Thank you it’s really clear and detail !

Gold Rocket | Satoshi Club

Great answers

Thanks a lot for this amazing first part of AMA!

Welcome new resident to Metaverse in 2150, pls enjoy your exploration with your good friend, Metabots

🔹 Website : https://metabot2150.com

🔹 Twitter : https://twitter.com/MBot2150

🔹 Discord : https://discord.gg/EHXDrvAD2s

🔹 Medium : https://metabot2150.medium.com

Robocop | Satoshi Club

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

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

Marvin

I’m ready!

Robocop | Satoshi Club

We will open the chat for 120 second, after that please answer 10 question

Marvin

Sure!

Robocop | Satoshi Club

chat will be open in 5

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Ravan_since_1996

I came to know that there are 3 types of wilderness areas – Common area, Special area and specific area could you please explain how these 3 are different from each other?

Marvin

Metabot can searching the wilderness area for getting the resources.

Common area – where all the metabot can enter
Special area – where only profession with explorer can enter
Spcific area – where only specific metabot can enter

Q2 from Telegram user @Zohaya

In Metabot2150, how significant is Land? What are the different methods for obtaining land? What would owning a Land in Metabot2150 bring you?

Marvin

Well, we have differeny lands all over the world. You can have own different land or rent them. When you finish some kinda world task, you will get some buffs from the lands. All the lands are unique!

Q3 from Telegram user @vector_190

I see that “Mitcoin” will be the main income that “Quantum Force Owners” will get,

What actually Powers the Mitcoin,
How will it’s value be increased?

Marvin

To produce the Mitcoin, firstly you have to have quantum force factory. Then you need all the quantum force related parts from parts factory owners as well as the electricity and water and labor/worker like metabot. After that you can product Mitcoin by your own.

Q4 from Telegram user Kushal

Is Metabot2150 running any Bug bounty programs to allow Ethical Hackers of the community to fill loop holes in Smart contract?

Marvin

When the game launches, players can withdraw the in-game NFTs to their own wallet address, and they manage their in-game assest by themselves.
Regarding the in-game currency, they are locked up in the smart contract, which can only be generated. Also, for the governance token, Metabot Token is locked up in the contract. When there is a request for withdrawing token, it needs multiple signatures from wallet address.

Q5 from Telegram user @Rakshhit

Is there any Entrance fees required before battle begins? If yes how much it is?

Marvin

It’s not decided yet. But design idea will be depending on the ranking level of two players. The higher ranks, the higher entrance fee it will be.

Q6 from Telegram user @LuisPagulayan

Can quantum forces be sold anytime? What processes do sellers and holders have to undergo to use this feature of the game?

Marvin

Yes, quantum forces just like other NFTs in the game. they can be sold and bought on secondary market anytime!

Q7 from Telegram user Walid Arbitrum

The name Metabots seems very good and compatible with the game, can you tell us from where you get it and why you choose it to name your project?

Marvin

Well, there are many ways you can get. FIrstly, if you have qualification of the whitelist, you’re able to get the genesis metabot. After that there are two ways you can build up metabot. One is searching the parts from wilderness area then combine them together. Second is that you can fuse one metabot to another to get the new metabot with more professons. But fusion feature may fail, just let you know.

Q8 from Telegram user @MAttin_bhr

How can i start playing on #Metabot2150? Should we have any conditions to get in ? Should we connect or link our wallets to it ? If yes Can i use Wallet connect option or Metamask ?

Marvin

Yes! you can at least have your own Solana wallet address to start with. After that you can buy and sell in the marketplace in our website.

Q9 from Telegram user @Murthy_Rajpaksha

In this Quarter,
You have planned for NFT MARKETPLACE as Well as the IDO,

What update is there for these two Important Events?

Marvin

marketplace is already available on our website, and you can have a look. The IDO will be in Q2. please join our community to follow the latest news.

Q10 from Telegram user @mamamelos2

Many times we blame online games for not having a good performance when playing, but really sometimes it is because of the Windows that our computers have, so could you tell me which Windows is better to play METABOT2150 and have a good performance? in the game?

Marvin

Officially, we assme we will have our game available on PC first. I know a lot of you using Macos, will see how many requirement is needed and we can further develop the version for the Macos.

Part 3 – Quiz Results

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

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

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

Our partners:

Website : https://metabot2150.com

Twitter : https://twitter.com/MBot2150

Discord : https://discord.gg/EHXDrvAD2s

Medium : https://metabot2150.medium.com

We are pleased to announce our next AMA on May 5th, 2022 at 01:00 PM UTC Time: Satoshi Club x DEFY

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join DEFY Telegram group

We will have the following structure:

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

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

Part 3: 300$ – A quiz about DEFY

For more details:
DEFY Website – defydisrupt.io
DEFY Telegram – @DEFYofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on April 30th, 2022 at 01:00 PM UTC Time: Satoshi Club x Metabot2150

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Metabot2150 Telegram group

We will have the following structure:

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

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Metabot2150 Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Metabot2150

For more details:
Metabot2150 Website – metabot2150.com
Metabot2150 Telegram – @metabot_2150
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Caducecus and our guest was . The AMA took place on the 29th of April.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

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

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello  Satoshi Club! We are happy to announce our AMA session with Caducecus!  Welcome to Satoshi Club

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community!

Today our guest is @Smith1515

This is a place for interesting meetings and innovative discussions

Mary | Satoshi Club

True

@Smith1515 welcome here

Gold Rocket | Satoshi Club

thanks!

Gold Rocket | Satoshi Club

@Apollocito Hello and welcome to Satoshi Club

Apollo

Hello

Yes finally

Glad to see you all here today

Gold Rocket | Satoshi Club

How are you doing today

Nice to e-meet you

Mary | Satoshi Club

We are happy to see you here today

Apollo

Great. What about you guys?

Same

Gold Rocket | Satoshi Club

We are really excited about upcoming AMA with you

Apollo

Me too, eagerly want it to start

Gold Rocket | Satoshi Club

Let’s start

Mary | Satoshi Club

And it’s time to start it

Gold Rocket | Satoshi Club

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

Apollo

Yay! Let’s do it

Apollo

Hello, Apollo is here with you. I am representative of Caduceus, mainly involved in Caduceus cooperation and partnership work. I think I was involved in crypto since it’s beginning and now I am here to share some incredible details about Caduceus.

Gold Rocket | Satoshi Club

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

Apollo

Our project is Caduceus, the decentralised edge-rendered metaverse protocol. We believe that, in the near future, it will be the basis for building all things metaverse becoming the primary technology provider and promoter of this digital world.

Gold Rocket | Satoshi Club

How long does it take to develop a project?

Apollo

Essentially, Caduceus provides a metaverse protocol for decentralized edge rendering with services like edge computing, 3D technology, and Extended Reality (XR) technology for metaverse developers and creators. The first of its kind.

Gold Rocket | Satoshi Club

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

Apollo

The project has been created and developed by a team of international investors,  and professionals with deep experience in blockchain, DeFi, software development, finance, retail, music, art, media and entertainment. Together, we are launching this ambitious and exciting project.

Mary | Satoshi Club

Why it’s so important for Metaverses to have Cadeuceus protocol? What problems you are trying to solve?

Gold Rocket | Satoshi Club

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

Apollo

Here I have shared some info about our team. More info about team will be available on our website and whitepaper

Gold Rocket | Satoshi Club

Gotcha

Gold Rocket | Satoshi Club

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

Apollo

 The metaverse is a compelling virtual world that will parallel and interact with the real world, serving to enhance enterprises and create new business opportunities; there was no doubt that we wanted to be a part of this exciting evolution. 

However, while the metaverse is taking great leaps from concept to reality, it remains far from a solid structure because there hasn’t been a definitive chain to build it optimally. Immersion and stability of the metaverse requires considerable improvement, and because of AR/VR interactive technology limitations, like tracking full-body sensing, and the need for greater computing power, the accessibility of the metaverse as it is isn’t good enough to support a huge number of online users.

This is where Caduceus was born out of.

For the past two years, we’ve been working to address these barriers by understanding what is needed thanks to our collective team of experts. We aspire to design a metaverse protocol that’s open to all metaverse creators and developers, and that’s what we are doing.

Apollo

I still didn’t answer some of the previous questions, give me some time please

Gold Rocket | Satoshi Club

You guys are really planning to revolutionize the industry! these vistas are breathtaking

Apollo

As the metaverse protocol with a decentralised edge rendering, Caduceus defines a new generation of infrastructure technology, and builds the entire underlying technical architecture for the metaverse infrastructure and diverse edge rendering application scenarios.

Ours is a project full of potential because there really are no limits. For example,  have you ever thought that the metaverse could be created by an individual? You can enter a metaverse that is not defined by anyone else and create your own ideal version. We are creating such a platform to make this a reality – a real-world and virtual one.

Apollo

Exactly, I am glad you got my point

Ready now

Mary | Satoshi Club

Q1 from Telegram user   @thisistoyin

Hello everyone.

As stated about your platform, Since your Goal is to provide developers and users with a new type of metaverse ecosystem and a high-performance infrastructure that’s efficient, fast and secure. Can you you please state the Core types of Ready and Available Infrastructures your platform currently has in place? How about in terms of Security? What measures of security Protocols do you have in place to secure Users Assets? Kindly tell us about how your metaverse is Absolutely Unique and Different when compared to other Metaverse Protocol Public Chain Projects out to there that offers similar Services as yours?

Apollo

All services in Caduceus Metaverse protocol is focused on enterprises and vertical application industries. Edge computing facilities can provide computing resources and storage capabilities for a large number of decentralized network services of the blockchain, and at the same time solve the problem of high speed transmission in the case of the coexistence of a large number of nodes, so it meet the application demands of the blockchain platform. In addition, computing resource services of the edge computing cloud platform are also available, edge rendering, combined with cloud edge management channels and global intelligent scheduling will provide the main rendering computing power for live video, cloud games, AR/VR, film and television special effects. The network and security components provide efficient network access and security protection for edge rendering services. For security issues we have already became partners with famous project HAPI and other projects which will make our project even more safe.

Gold Rocket | Satoshi Club

I really like the usecase and how you coordinated all the services.

Mary | Satoshi Club

We know Hapi, they are great guys! What can you tell about your project’s timeframes? When you will be fully live?

Apollo

We are planning to launch in the Middle of May. More exact dates are yet to come.

Mary | Satoshi Club

Do you already have enterprises which are ready to use your services? Can you name them?

Gold Rocket | Satoshi Club

It’s very soon. We understand you have a lot of work right now.

Apollo

Of course everyday we getting new partnership deals with different enterprises, ProjectMathew, Metarace, DaoStarter, and many other projects have became partners with us recently

Mary | Satoshi Club

Congratulations! Great start

Apollo

You can follow up much more updated partnerships in our social media

Telegram: https://t.me/CaduceusMetaverse

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

 Twitter: https://twitter.com/Caduceus_CMP

 $1000 CMP Giveaway: https://bit.ly/CaduceusXSatoshiClubAMAGiveaway

  Website: https://caduceus.foundation/

Mary | Satoshi Club

Sure! We definitely will follow! Thank you for your answers! Ready to proceed?

Apollo

Thanks, your support encourages us to do even greater

Of course, it’s getting so interesting for me

Gold Rocket | Satoshi Club

Q2 from Telegram user   @charlest1997

Greetings Sir

After I read about Caduceus project, I understand that Caduceus wanna build a new mini world with their own blockchain, metaverse, NFT, wallet, and tokens. But back again, every new project in blockhain industry must have a great support from community and backers to support your project in order to grow and sustain. Could you share with us the details about your backers, partners, and currenct community ? Do every tokens and NFTs from Caduceus can be used outside from Caduceus ecosystem ? Does Caduceus wallet can stored everything about Caduceus only such like $CMP and NFTs ? What is the utilites of $CMP token and NFT on Caduceus ? Could you share with us what’s your expectation for Caduceus in 1-2 years later ?

Mary | Satoshi Club

Complex question

Apollo

Okay, so regarding partners

Just in one week many projects like:ProjectMathew, Metarace, DaoStarter, HAPI， MultiChainOrg ontowallet and many others announced their partnership with us… imagine that we got so many partnerships just in one week, and more tons of partnerships are yet to come.

I am not done yet

One sec

Mary | Satoshi Club

Take your time

Apollo

Talking about backers, we are proud to say that famous football star John Terry, famous cricket start Ian Botham and many other stars have been already became our backers

Mary | Satoshi Club

So, you had seed or private rounds?

Gold Rocket | Satoshi Club

Serious influencers

Apollo

All additional NFT and CMP details can be viewed in our white paperless further updates

We trying to combine them

Gold Rocket | Satoshi Club

Smart idea

Mary | Satoshi Club

Got it, hope to see more info regarding this soon

Gold Rocket | Satoshi Club

Thanks for your great answers

Are you ready for the next question? Or you want to add something?

Apollo

Sure

I am ready

Gold Rocket | Satoshi Club

Q3 from Telegram user @NataliyaKil

One of the technical components of the Caduceus Metaverse Protocol is rendering. Can you explain what rendering is and how important it is to Metaverse? In addition, I learned that there are two types of rendering: offline rendering and real-time rendering. What kind of rendering is related to the Caduceus Metaverse Protocol, what are its features and benefits?

Apollo

Caduceus edge computing provides computing power scheduling with global coverage for real time rendering and offline rendering. It can provide general purpose, high performance, low- latency heterogeneous computing resources for services at a location closer to users, accelerate business rendering efficiently and ensure low latency network response requirements that can truly help services improve users’ real time interactive experience.

Caduceus decentralized edge rendering provides users with powerful technical support, which can be 10-100 times faster in its rendering speed. Also in terms of resources, the rendering network integrates global GPU resources, which further will reduce the cost of computing resources for users. At the same time, based on its own technology, Caduceus will improve rendering’s efficiency. Based on these characteristics, and based on the huge rendering demand in the future, the decentralized edge rendering of Caduceus is expected to significantly occupy the global market share.

Mary | Satoshi Club

Benefits are obvious! We would like to know your future plans  Can you share your roadmap with us!

Apollo

Surely, you can check on our website or whitepaper

Gold Rocket | Satoshi Club

https://caduceus.foundation/

Apollo

https://caduceus.foundation/index.html#roadMap

Mary | Satoshi Club

Thank you! Ready to jump to the next question?

Apollo

Yes

Gold Rocket | Satoshi Club

Thanks for your answers

Q4 fom Telegram User @ghostofcharmeleon

Hello, Caduceus team.

Your documentation says that you have already launched the Megarace game with more than 1 billion varieties of NFT, support for rating, points and several racing systems. Could you share a link to this game and tell us what kind of participation Caduceus directly takes in it?

Apollo

The game is still on its testing stage, as we want to bring to the market precious stuff for users, our testing is taking more time and we don’t rush. Once it will be available, we will surely publish it on our Twitter and other social media platforms.

Mary | Satoshi Club

Btw, who can participate in testing?

Apollo

For now we just do it with developers and core team, soon will make it available for users so they can give their feedbacks

Mary | Satoshi Club

Will it be available for everyone or you have waitlist?

Apollo

It will be available for our community members

Mary | Satoshi Club

Got it! So, it’s time to join Caduceus community, Satoshiclubbers

Thank you for your answers! Ready for the next question?

Apollo

Sure!

Mary | Satoshi Club

Q5 from Telegram User @KhaleesiKhalee

WASMER, GASM, WXVM, and EVM are the four types of smart contract execution engines currently supported by the Caduceus Metaverse Protocol. Can you differentiate the unique features of each engines? What economic advantages did you get from supporting these contract engines? Will there be an innovative method you have established to handle with conflict that arises while utilizing them at the same time?

Apollo

For this question I will just tell what kind of barriers we trying to break: Immersion and stability of the metaverse requires considerable improvement, and because of AR/VR interactive technology limitations, like tracking full-body sensing, and the need for greater computing power, the accessibility of the metaverse as it is isn’t good enough to support a huge number of online users.

For the past two years, we’ve been working to address these barriers by understanding what is needed thanks to our collective team of experts. We aspire to design a metaverse protocol that’s open to all metaverse creators and developers, and that’s what we are doing.

All other individual partnership details will be released in our further articles

Mary | Satoshi Club

I think support of huge number of online users is one of the main problems now. Did you already tried to test your protocol for this?

Apollo

Of course, that was one of the vital points of our testing, and we sure our protocol can support a huge and overwhelming amount of users.

That’s why we try to pay all our attention to testing so users can enjoy our services without any kind of worries and barriers.

Mary | Satoshi Club

Awesome! I am sure we all will be able to try this.

Thank you for your answers! Ready for the 6th and last question from this part?

Apollo

Yes!

Gold Rocket | Satoshi Club

Q6 from Telegram User @Danylko_UA

Hello Caduceus Team!

You made a comparison between Caduceus and major Blockchain networks which includes; Flow, Ethereum and Solana. Can you tell us about the factors that you considered during the course of the comparison (what are your basis of comparison)? How good was Caduceus assessment when compared to these competitors? How do you convince us that Caduceus will stand the test of time and remain afloat in the ocean of major Blockchain flagships?

Apollo

As the metaverse protocol with a decentralised edge rendering, Caduceus defines a new generation of infrastructure technology, and builds the entire underlying technical architecture for the metaverse infrastructure and diverse edge rendering application scenarios.

Ours is a project full of potential because there really are no limits. For example,  have you ever thought that the metaverse could be created by an individual? You can enter a metaverse that is not defined by anyone else and create your own ideal version. We are creating such a platform to make this a reality – a real-world and virtual one.

Metaverse creators can deeply participate in its creation in an easy way with Caduceus. We know developers can perform several experiments on Caduceus with lower trial and error costs, and a purer environment to realize some assumptions. In the metaverse ecology of Caduceus, creators can be more widely disseminated, motivated and recognized, their intellectual value can be distinguished, and their identities will be more diversified; they naturally become builders in the ecology. As an important support for living in the digital world, Caduceus wants to become an indispensable atomic level thing in the process of building the Metaverse.

With all the excitement though, Caduceus remains committed to ensuring the foundation of the metaverse is a safe, controllable, sustainable evolution. We are considering all angles and aspects.

Gold Rocket | Satoshi Club

Thanks for this amazing first part of AMA

Mary | Satoshi Club

We came close to the live part of our AMA

Gold Rocket | Satoshi Club

And I want to remind everyone about your social networks

Mary | Satoshi Club

@Apollocito are you ready?

Gold Rocket | Satoshi Club

📱 Telegram: https://t.me/CaduceusMetaverse

🌐 Discord: https://discord.com/invite/caduceus

🐦 Twitter: https://twitter.com/Caduceus_CMP

💰 $1000 CMP Giveaway: https://bit.ly/CaduceusXSatoshiClubAMAGiveaway

🌐  Website: https://caduceus.foundation/

Apollo

It’s going to be lit

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @JaviSuBs

Is it possible to use Caduceus NFTs in any P2E NFT games?

Apollo

As we have mentioned in our articles previously, the main goal of Caduceus is to break all limits and try to make all partnerships available. So my answer is yes, it will be available, but note that here I mentioned partnership NFTs.

Q2 from Telegram user Martha Vermillion

I got attention that Caduceus is holding hackathon event. How people can enthusiast to join the Caduceus hackathon if there dont have blockchain developer or coding background ? Do they can still join the hackathon ?

Apollo

Everyone will be welcomed in our events, so feel free to join it.

Q3 from Telegram user @PoohTheComedian

What actual benefits can we get from participating in Caduceus project? Your own token, what are it’s usecases, where will it be available and how much are we allowed to hold?

Apollo

The main advantages we can bring for users is available Metaverse with available fees for everyone.

Q4 from Telegram user @RaGnarLoKo

Is Caduceus a metaverse protocol for decentralized edge rendering? Does your platform function as an infrastructure-level open blockchain built specifically for the metaverse and decentralized digital world?

Apollo

Yes, as all users want, Caduceus will make a complete decentralized safe platform for all projects and games that we will cooperate with.

Q5 from Telegram user @BaumgartnerJose

You recently announced from Twitter your partnership with DAO starter. How is it going so far? What particular effects this collaboration would bring to the project? Will it affect platform users in any positive way ? How?

Apollo

All our new partnerships will first of all benefit users, and then us, you can follow up our updates and get more information on collaboration progress.

Q6 from Telegram user @Gutike95

I read that the Caduceus Chain Network is far beyond the thought of a single chain, does that mean it will seek to expand much more than establish a fully DeFi and scalable chain? If so, what is much further than a network with these characteristics?

Apollo

You absolutely right, the main idea of our team is to dissolve all the limits which exist in today’s blockchain Metaverse industry.

Q7 from Telegram user @Clint_25

Caduceus tokens will have a staking system?How do you plan to raise the token’s value and entice long-term investors? Will token holders be able to influence the project’s governance?

Apollo

You can check our tokenomics, hopefully here you will find the answer for your question.

Q8 from Telegram user @Murthy_Rajpaksha

You have Released one Video ” VISIONS OF THE METAVERSE”,
What does this Video tell about the Caduceus?

Apollo

It’s a real brilliant work from 13 world class artists, it mainly describes how diversified and unlimited can be the world of Metaverse

Q9 from Telegram user @andreea_cs

When will the Caduceus Explorer be available to the public?

Apollo

In the middle of May, exact dates are yet to come.

Q10 from Telegram user @Ishak421

I would like to know more details about your projects?

Apollo

Okay let me say it once again, more details can be checked in our social media

📱 Telegram: https://t.me/CaduceusMetaverse
🌐 Discord: https://discord.com/invite/caduceus
🐦 Twitter: https://twitter.com/Caduceus_CMP
💰 $1000 CMP Giveaway: https://bit.ly/CaduceusXSatoshiClubAMAGiveaway
🌐 Website: https://caduceus.foundation/

Part 3 – Quiz Results

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

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

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

Our partners:

Telegram: https://t.me/CaduceusMetaverse

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

 Twitter: https://twitter.com/Caduceus_CMP

   Website: https://caduceus.foundation/

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 Fulbo Galaxy and our guest was . The AMA took place on the 28th of April.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

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

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello  Satoshi Club! We are happy to announce our AMA session with Fulbo Galaxy!  Welcome to Satoshi Club

Jonah 🏅🎹 | Satoshi Club

Joining us today is our guest @Kevinvanalles

Hello welcome to Satoshi club

Kevin van Dorp

Hi everyone! Thanks for participating in our AMA session. Hope you’ll enjoy it

Kevin van Dorp

Thanks for having me here Mary and Jonah

Mary | Satoshi Club

Welcome to Satoshi Club

Kevin van Dorp

Can’t wait to tell your community about Fulbo Galaxy

Jonah 🏅🎹 | Satoshi Club

We are Excited to have you here

Mary | Satoshi Club

And we can’t wait to hear your story

But first we will start with your intro

Kevin van Dorp

Sure

Mary | Satoshi Club

Could you please introduce yourself to our community!

Kevin van Dorp

Certainly!

Kevin van Dorp

Hi everyone, I’m Kevin,  Fulbo Galaxy’s  (https://t.me/FulboGalaxyOk)CMO.

I used to be the marketing guy for Woo Network. Then I worked for MF and did the marketing for big projects like Chiliz, Star Atlas, Animoca and many more. I was actually taking a break from the crypto industry, and I met the guys behind Fulbo Galaxy by chance. Instantly recognized its potential. So here I am again haha!

Mary | Satoshi Club

Oh, Woo Network  and football now! Awesome experience!

Jonah 🏅🎹 | Satoshi Club

You have great projects under your portfolio

Kevin van Dorp

2 entirely different projects, but just as amazing in their own way

Mary | Satoshi Club

And now you could you explain us what is Fulbo Galaxy and it’s main goals?

Kevin van Dorp

Sure

To answer your question about what Fulbo Galaxy is.

I think it’s safe to say that Fulbo Galaxy is the wackiest P2E game ever! It’s a football game with a simple and polished gameplay made for casual players. It has a distinct punk theme that satirically introduces well-known characters. The only players we won’t introduce are actual football players

Here’s a promo video of the game so things will become more clearly:

Mary | Satoshi Club

It looks great! Great video! I am starting to love football

Kevin van Dorp

Our main goals, there are many! Our short-term  goal is to launch our public demo (May 4th, you can alrdy enlist here (https://fulbogalaxy.com/#subscribeForm

We’ll organize many cool tournaments and other events to reward the early adopters of our game. We’ll publish more about that either today or tomorrow

Jonah 🏅🎹 | Satoshi Club

From the video this already looks fun

Kevin van Dorp

We’ll launch the full game shortly after end of July. With the PVP option available in early 2023

But our main goal is to create a fun game for people to enjoy

and I believe we’ve done a great job at that, as you can see

We’ll share more videos this week as well

Jonah 🏅🎹 | Satoshi Club

Awesome, how many members are on your core team?

Mary | Satoshi Club

We will wait for them

Mary | Satoshi Club

Who are in Fulbo Galaxy team? Could you please introduce them as well?

Kevin van Dorp

I had to count them all on our website, as we’re growing rapidly 🙂 I’m not even on the website yet. The new website will be live soon as well.

But myself included we count 13 core team members. We also work with third-parties for different elements of the game

Yes I’d love to

Mary | Satoshi Club

Countless and fast growing team

Kevin van Dorp

We’ve got Nacho the game designer, Darío the artist, and Agustín the programmer. They met each other when they worked in the same company in 2008, making video games for Comedy Central, Lego, Disney and many more. After the working day, they  dedicated themselves to creating  their own video games for arcade machines at parties, also for mobiles and PCs, always with an anarchic theme and retro art.

Fulbo Galaxy is one of those creations! They then fusioned with Guillermo (CEO) and Patricio (COO) in 2021 to turn this garage project into a worldwide one.

Kevin van Dorp

Our team was born and bred to make popular mainstream video games. So I dare say our team is also our biggest strength

Mary | Satoshi Club

Fantastic team

Kevin van Dorp

Indeed, very happy to have joined them

For those who wish to learn more about our team, it’s all on our website

Mary | Satoshi Club

Sure! We definitely will! Thank you for your intro, Kevin it was

Mary | Satoshi Club

Ready for the first part of our AMA?

Kevin van Dorp

Thanks Mary

Certainly, but first allow me to share our socials real quickly

For those new to Fulbo Galaxy, you can join us here!

Website (https://fulbogalaxy.com/) |

Twitter (https://twitter.com/FulboGalaxy) |

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

Discord (https://discord.com/invite/fKyzkjS2rB) |

Instagram (https://www.instagram.com/fulbogalaxy/) |

Medium (https://medium.com/fulbo-galaxy)

Jonah 🏅🎹 | Satoshi Club

Go ahead

Mary | Satoshi Club

Sure

Kevin van Dorp

Let’s go

Jonah 🏅🎹 | Satoshi Club

Here comes the first question

Q1 from Telegram user   @Goalmessi1977

Fulbo Galaxy will do IDO on SolanaPrime. I just curious about why using Solana blockchain, could you share the reason why using Solana prime launchpad for Fulbo Galaxy token launch? Lastly can you please explain the detail of your IDO, what requirement to join the IDO?

Kevin van Dorp

Good questions! Please give me some type to answer in full as I count a few of them

Mary | Satoshi Club

Take your time

Kevin van Dorp

We’ve been operating in the shadows so far, with only our friends and a few venture capitalists aware of our existence. Things are changing quickly now, as we’re doing a lot of AMAs like this one. And with the launch of our demo next week.

As for our IDO on Solana Prime: . We chose them because they share all of their knowledge and are in the early stages, just like us. We will hold more than one IDO event with other launchpads, and we will also target Magic Eden for the Founder’s Sale! So stay tuned for many more big announcements.

But to learn more about our first IDO on SolanaPrime, you can read all about our IDO tokemonics here:

https://medium.com/fulbo-galaxy/its-official-the-fulbo-token-is-coming-to-solanaprime-9fc16098bf0d

Kevin van Dorp

The details of the IDO can be found in the Medium article above

Hope this answers your question(s) Goalmessi!

I reckon you’re a football fan yourself. Great to see you’ve found us

Jonah 🏅🎹 | Satoshi Club

With regards to your plan of holding IDO’s in other platforms do you already have specific timeline for that?

Mary | Satoshi Club

Will you have NFTs? As i see you are selling tokens,but usually projects are selling NFTs as well)

Kevin van Dorp

Our tentative dates are Mid June  2022

Jonah 🏅🎹 | Satoshi Club

Not so far

Mary | Satoshi Club

Btw, did you have and private rounds or seed round?

Kevin van Dorp

So the football players you play with are the NFTs

You’ll need $FULBO to buy a team of players. With those players, you are ready to earn $FULBO! Every player will be an in-game club, with that Club players hold NFT Players and create teams to play with. A team can consist of 5, 8 and 11 players, so start collecting your players early!

Mary | Satoshi Club

Gotcha!

Kevin van Dorp

Actually, we’re still in the midst of our seed round! We’ve got some great partnerships alrdy but we’re still in talks with many more. Once we’ve got the seed round finalized, it’s time to move onto the part that’s most fun for your community members, i.e. the IDO and the listings

Kevin van Dorp

Nonetheless

Mary | Satoshi Club

Waiting for more updates from you

Kevin van Dorp

To alrdy get people to get familiar with the game and earn $FULBO, we’ve decided to alrdy launch the demo BEFORE the IDO

We;ll host rly cool events to get people to play the demo and get familiar with the game. Rly excited about it

Mary | Satoshi Club

Nice decision! Not so often we see this from another projects

Kevin van Dorp

There will be many, so stay vigilant!

Mary | Satoshi Club

Thank your answers! Ready to proceed?

Kevin van Dorp

Always!

Jonah 🏅🎹 | Satoshi Club

Q2 from Telegram user   @Cheriemike

Hello Fulbo Team !!!!

With such a catchy gameplay which everyone will definitely want to try out since it’s different from other football games.How do you intend to reach major markets with Fulbo games?Seeing that players from different regions will love to try this game out this,when will the beta version be released and how testers will you want to first try out this game?And will you also incorporate other languages aside English,like Chinese,Spanish and many others for that players can understand the game mode more better when its in their language?Please explain Thanks

Kevin van Dorp

That’s a comprehensive question! Haha let me answer it one step at a time

Love to see so many good questions though

To answer your first question about the major markets, I assume you mean the bigger countries. As a marketeer I think of markets also in terms of crypto market vs global football/casual gamers market (which is a much bigger market ofc +/- 3.5 billion people). I’ll also explain later in the AMA how we wish to go mainstream.

But in terms of geographics, we aim to go worldwide and therefore also include the bigger markets by at least localizing our communities. For example! We alrdy have a Vietnamese and Spanish community on TG as well. We’ll also do that for the other markets that are more easily accessible by providing them their own local platform.

In terms of the game itself, the game is in English (even though the majority of the team is from Argentina). We did that with the sole purpose that as many people as possible can play the game

Regarding the beta testing, it’s out on the May 4th alrdy. And you can already sign up for it, just like Mary has done, on our website!

https://fulbogalaxy.com/#subscribeForm

Mary | Satoshi Club

How many people will be able to participate?

Kevin van Dorp

We will do a lot of learnings from the people testing our beta. As such, we’ll also reward them for their contribution. More about that in today’s or tomorrow’s Medium article

There’s no limit. At first we wanted to make it exclusive. But the more people onboarded our socials asking about the beta, the more we realized it would end up disappointing a lot of people if we did.

Mary | Satoshi Club

We well keep our eyes on your Medium

Jonah 🏅🎹 | Satoshi Club

We will be on the lookout for the article

Kevin van Dorp

Thanks! I hope you’ll also share it here in your TG once it’s published haha

Mary | Satoshi Club

We will. Thank you for your answers, Kevin! Ready to go to the next question?

Kevin van Dorp

Go ahead Mary

Jonah 🏅🎹 | Satoshi Club

Q3 from Telegram user @Highpee

Your token has a total supply of 750,000,000 and I saw that the highest allocation (45%) is shared to ecosystem incentives and players reward. Can you explain the reward mechanism that is used in the game both in the single PvE mode and the multi-player PvP? How many rewards are available per match basis and how will these REWARD be shared for the possible match outcomes which are win, lose or draw? I also noticed that none of the allocation is given for staking or yield farming. Are there no plans for staking or farming programs, which can offer additional means for players to earn reward or passive income, as well as improve your token value since this can help to reduce its circulating supply?

Kevin van Dorp

Another great question

for the rest, allow me to share a print screen of our tokenomics

so you have a background

now to answers the questions

At first, Fulbo Galaxy will be a single-player game, with $FULBO rewards for winning or drawing matches against our craziest teams. We are already working on making it an online PvP game; it is already playable in a hot-seat PvP mode or through the use of Parsec to connect (a great tool). The PvP implementation necessitates the addition of new team members, the establishment of stable global servers for each platform, and the support and participation of a large community. So the PVP will be launched after the PVE.

Nonetheless, the game’s goal is to be an online PvP experience, and the in-game rewards economy will be altered at that point, with competition and tournaments becoming more important. The Story Mode (PvE) will be more like a training camp, with $FULBO prizes and stat points to help the Club’s players improve.

here a quick overview of our roadmap

Regarding staking or yield farming. We get this question A LOT and I completely understand. It has become the benchmark of many crypto projects to give utility to their native token

Mary | Satoshi Club

Can’t wait to try your game!

Kevin van Dorp

however, at this stage we don’t necessarily see the real benefit of adding said mechanisms. We’re analyzing the possibilities, sure, but we alrdy have so many utility for our $FULBO

let me give you a quick copy pasted overview of utility

Mary | Satoshi Club

Btw, what about governance? $FULBO will be governance token as well?

Kevin van Dorp

One utility is to buy player packs and equipable items for them to improve their stats. With those players, you are ready to earn $FULBO just by playing the game.

Another is for passive income by buying shares in a Stadium, where users receive dividends from ownership

An obvious one is to participate in our project’s governance, it will take some time to implement it but it will grow over time.

Users can customize their club icons, clothing and colors, we will create a vanity shop with common and seasonal assets.

And again, we are analyzing a staking system, but we prefer to wait.

Kevin van Dorp

Yea we rly love to have our players have a say in our project as well. It all starts with the community. So we’re definitely prospecting the governance aspect

Again, we’re still at an early stage with our demo live in a few days, so we still have to hammer out the extra utilities for our token

Mary | Satoshi Club

Super! I am glad that you understand the importance of governance!

Kevin van Dorp

Mary, you have a keen sense of identifying what the community is asking for 😛

Mary | Satoshi Club

Ahaha, thank you

Mary | Satoshi Club

Kevin, are you ready to jump to the next question?

Kevin van Dorp

yup!

Jonah 🏅🎹 | Satoshi Club

Q4 From Telegram User @QuianaV

I understand that Stadiums that host Fulbo Galaxy matches are owned by users through stadium shares programme, users can acquire ownership of stadiums in game. Can your share more information on your stadium share programme and how users can join to acquire or co-own an  ingame stadium? Can you also share on how revenues are bekng generated when matches are being played in stadiums? Can user Purchase these stadiums at the Fulbo Galaxy Marketplace? What are other advantages which stadium provides for it’s owners?

Kevin van Dorp

Yes! One of the utilities for our $FULBO token I just mentioned as well. Good to have the opportunity to explain more about it.

https://medium.com/fulbo-galaxy/introducing-our-fulbo-galaxy-litepaper-4074951d1d37

We’ve also covered this utility, and the others in our introduction article on Medium. So make sure to read all about it.

You can always come to our community or attend an AMA such as this one when things are still unclear. Although I should mention that we’re still working on the specifics as well (early stage project and all).

Kevin van Dorp

But to answer your question

haha taking a small detour

shares in stadiums indeed allow you to earn passive income. Said Stadiums can be traded as NFTs on our very own NFT market place. We also get this question a lot, so let me share here we have our own NFT marketplace

preview:

Mary | Satoshi Club

I love how it looks

Kevin van Dorp

What are advantages, well I mean you earn passive income, but as they are NFTs you can trade, your underlying investment an also increase in value as more people play the game

Jonah 🏅🎹 | Satoshi Club

Looks interesting

Kevin van Dorp

So I like to see it as our answer to the people asking for ways to stake

Don’t want to sound like a broken record, but we get the staking question a lot as people like passive income

Jonah 🏅🎹 | Satoshi Club

This is indeed a better alternative

Kevin van Dorp

so to those good people, I’d recommend to take a look at our stadiums

Hope this answers your question

Jonah 🏅🎹 | Satoshi Club

So can a stadium be jointly owned by two users?

Kevin van Dorp

Indeed!

Mary | Satoshi Club

Stadium is a way to earn money and buy a real football team

Kevin van Dorp

With the Stadium you can earn $FULBO with which you can buy a real team yes!

our Football player NFTs have different rarities btw

so if you’re lucky, you can find yourself with a GALAXY type NFT. Which you can use to win matches as they have the best football stats

or you can simply hodl and sell on our NFT marketplace!

Jonah 🏅🎹 | Satoshi Club

Awesome, our next question is all about NFT’s

Kevin van Dorp

yesss nice

Mary | Satoshi Club

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

Kevin van Dorp

My pleasure, and go ahead

Jonah 🏅🎹 | Satoshi Club

Q5 From Telegram User @Ritshimwa

I know that Fulbo Galaxy offers a marketplace for NFTs, where players can be bought on the Marketplace in NFT Player Packs. Players can also be re-sold to other players through the Marketplace. so could you share what kind of currencies we can use to trade in this NFT marketplace?, if only NFTs developed through Fulbo Galaxy can be used, or if they allow trading NFTs from other platforms ,what are the types of compatible NFTs and what percentage do you keep in case of using your marketplace to sell them? Lasty What makes you different from the competition that exists?

Kevin van Dorp

let me know if I take too much time answering questions

But it fires me up to see so many good questions

Jonah 🏅🎹 | Satoshi Club

You are doing fine

Kevin van Dorp

Oh my, especially that last question deserves a 1 pager

Mary | Satoshi Club

Np

Kevin van Dorp

But I promise to keep it short

we actually alrdy wrote about it, so

To answer the NFT part first

People will use $FULBO to buy their team players. Each player has 5 types of stats that can be improved up to 100: Accuracy, Stamina, Speed, Dexterity and Trickery. The stats determine the skill level and their initial values are determined by the rarity of the player.

About the other NFTs from other projects:

There can be a lot of synergy when we also work together with other P2E projects, sharing the utility of one another’s token and also to increase our exposure among said communities. I think it’s the one thing that’s currently lacking in our offering. I like to talk an hour about our strengths ofc, but we should also be fully transparent and mention aspects where we can improve. In sum, it’s something we should definitely do, but it will be executed on a longer time horizon.

Kevin van Dorp

and about your final question: Lasty What makes you different from the competition that exists?

https://medium.com/fulbo-galaxy/the-sport-is-revalued-with-nft-games-in-its-name-e8272fee102f

We’ve written an article about it here

Jonah 🏅🎹 | Satoshi Club

How many players is a user allowed to have?

Kevin van Dorp

There are a number of football-themed crypto games, I’ve counted 27 so far (some have already disappeared). Some have great ideas and some just copy them, but none of these have our gameplay or theme.

We’ve learned a lot from the mistakes of others and I believe it will reflect in our game’s systems and economy.

Mary | Satoshi Club

When you are talking about another projects do you mean that we can wait for your partnerships with P2E projects? Or you already have some?

Kevin van Dorp

A team can consist of 5, 8 and 11 players, so start collecting your players early!

We’re in the process of doing partnerships with other P2e projects, but they will about NFT giveaways for them to share with their community. This is a win-win, they have something special to give away, and we get more exposure among other P2E/NFT communities.

But in terms of creating utility for other native tokens on our project, we’re still not at that phase quite yet

Mary | Satoshi Club

That’s clear! Thank you

Ready for the 6th and last question from this part?

Kevin van Dorp

Mostly people who enjoy yield farming emphasize this need. We recognize the benefits. So it’s on our to-do. But we have the game launch with our own utilities as prio first

yup!!

Jonah 🏅🎹 | Satoshi Club

Q6 From Telegram user @Rozielyna

I understand that The Fulbo Galaxy universe has its own native utility token which is $FULBO launched on the Solana Blockchain. What is the total supply of the $FULBO token? Why have you chosen Solana Block chain for your token launch? While rrading the utilities of the $FULBO token, you mentioned that more use cases for $FULBO maybe added, can you tell us what future plans you have for the $FULBO token? What ate the ways users can earn $FULBO token on Fulbo Galaxy? Will token holders have Governance Rights? On what right can they vote on?

Kevin van Dorp

I recognize a few sub-questions we’ve alrdy answered before so let me answer the part about solana

Mary | Satoshi Club

Yes, partially answered

Kevin van Dorp

After weeks of benchmarking all the main blockchain ecosystems, we decided to build it on Solana because of its scalability, low-cost and fast transactions, decentralized approach, and growing game community.

Kevin van Dorp

Total supply :

750,000,000 as you can see

Mary | Satoshi Club

Any plans for extension to other blockchains?

Kevin van Dorp

Future utility: governance absolutely! Staking/yield farming: still pending

Yup! We definitely want to expand. Our main priority is for people to enjoy our game. Btw a panel of gamers absolutely loved it! So we’re quite optimistic about that part. But extension to other blockchains will help us reach out to more people so definitely

Mary | Satoshi Club

True! I am sure you will do this!

Jonah 🏅🎹 | Satoshi Club

With Regards to Governance will there be any minimum required holdings to make certain proposals?

Kevin van Dorp

That’s something we’ll ask our community

for input

Jonah 🏅🎹 | Satoshi Club

Awesome that they get to have a say on this as well

Mary | Satoshi Club

Kevin! This was excellent first part! You are AMA master!

Kevin van Dorp

We’d be nowhere without our (early) adopters, so it stands to reason!

hahaha

I’m flattered, thanks!

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers so far

Mary | Satoshi Club

Now we will check how you can survive in the storm of questions

Kevin van Dorp

oh oh

Mary | Satoshi Club

Ready to try

Kevin van Dorp

Yup!

Mary | Satoshi Club

Let’s go!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @katherinegloryy

How does FulboGalaxy attract a large group of gamers? What are the features that make you and your game different from others?

Kevin van Dorp

By making the gameplay polished. It’s easy to onboard the game and rly inexpensive as well. It’s easy to play, but difficult to get rly good at it! The duration of the matches also ensure people can play it when they’re waiting on the bus or the likes. Again, our team has a whole background in making best-selling games. They know what they’re doing

Q2 from Telegram user @mamamelos2

I would like to know why one of the rules of FulboGalaxy is that no real soccer players are allowed. What were the reasons that your team decided to implement this mandatory rule? You don’t think having REAL FOOTBALL PLAYERS can attract huge soccer enthusiasts just by having real world soccer players in their ecosystem. explain?

Kevin van Dorp

We do, but that’s what the other projects do as well. We find it much more fun to introduce memes and other celebrities. It’s one of the many things that makes Fulbo different from other games!

Q3 from Telegram user @deku_x_midoria

Are there minigames or even tournaments where players can earn $FULBO tokens?

Kevin van Dorp

Yup! We’ll even introduce some really cool tournaments with the launch of our demo next week. Stay tuned!

Q4 from Telegram user Rakshhit

Fulbo Galaxy is quite a weird and unique name. I know the meaning of Galaxy but What does the Fulbo means?

Kevin van Dorp

Fulbo” is Argentinian slang and it’s a deformation of Foot___, it’s a concept that we use between friends and it’s a party game to be played with friends… So we found it fitted perfectly.

Q5 from Telegram user @adaatalay

FulboGalaxy, can you talk about the most unique NFTs “Galaxy NFTs”? Do you need to be an elite investor or a professional player to own it? What are the benefits?

Kevin van Dorp

Absolutely not. Everyone can own our most unique NFTs! You just have to be lucky when you use your $FULBO to buy your pack of players

they decide score of your 5 basic stats, the rarer the better

Q6 from Telegram user @Meta_ji

When Is Fulbo Galaxy’s TestNet Launching?
& Also about Beta Testing?
Who can Join the give the Feedback?

Kevin van Dorp

So the testnet is launching May 4th
You can join here
https://fulbogalaxy.com/#subscribeForm

the final phase of our platform is now coming along at lightning speed and we expect to release a playable version of our game by end of July 2022🗓 PVP will be early 2023

Q7 from Telegram user Michael Jackson

To let you know nowadays many projects have high entry to start earning in P2E games which is a big problem for the newbies or for the peoples who don’t know much about games or crypto so I want to ask you if Fulbo Galaxy have any entry fees to get started with the game? If it is there How can we access to the game?

Kevin van Dorp

Indeed, good point. For that reason we’ll keep it rly simple and cheap for people to get started! You’ll just need a little bit of $FULBO to buy your first players. With a little bit of luck and skill (we’ll have both skill-based and commitment-based tournaments) you can alrdy earn big with our demo!

Q8 from Telegram user @nmira99

Is FulboGalaxy a suitable platform for new players to play? Do new players stand a chance against pro players?

Kevin van Dorp

Excellent, so once we have our PVP live, our algorithm will ensure you play against people with a similar ranking!
So you don’t have to worry about not standing a chance hahaha

Q9 from Telegram user @se_cret_star

Could you tell us a little bit about the investors and partners of your project? Do you have partnerships that you are preparing to disclose?

Kevin van Dorp

We’re still in the midst our seed round, so I can currently only disclose Ego Capital (https://medium.com/fulbo-galaxy/fulbo-galaxy-welcomes-ego-capital-af46f7daba49?source=collection_home—4——0———————–)and Nodeseeds
(https://t.me/fulbogalaxy/16)We will disclose more soon!

Q10 from Telegram user @bella2l3

Have you being audited ? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place?

Kevin van Dorp

Safety should always be a big concern for any given crypto project. We are going to certify all of our Smart contracts with renowned companies and take care of all the security of the game before every release. Hackers and scammers are always on the prowl, we are going to be very tough on those who abuse the system and those with false accounts.
We will be very attentive to the community and solve their problems. If a user loses an asset because of our mistake, we will compensate them for that loss from our company’s funds. I hope these measures will reassure people such as yourself to try out our game!

Part 3 – Quiz Results

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

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

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

Our partners:

Website (https://fulbogalaxy.com/) |

Twitter (https://twitter.com/FulboGalaxy) |

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

We are pleased to announce our next AMA on May 2nd, 2022 at 02:30 PM UTC Time: Satoshi Club x Kingdom Karnage

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Kingdom Karnage Telegram group

We will have the following structure:

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

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

Part 3: 300$ – A quiz about Kingdom Karnage

For more details:
Kingdom Karnage Website – kingdomkarnage.com
Kingdom Karnage Telegram – @KingdomKarnage
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Sperax and our guest was . The AMA took place on the 27th of April.

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 Sperax

Robocop | Satoshi Club

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

JoeY

Thanks! Hello everyone!

Jonah 🏅🎹 | Satoshi Club

Joining us today are our guests

@AlecShaw @joey0707 and  @nandre94

Nicolas A

Hey everyone! Glad to be here

Alec Shaw

Very excited to be here

Robocop | Satoshi Club

Welcome to Satoshi Club

Jonah 🏅🎹 | Satoshi Club

Hello welcome to Satoshi club, how are you doing today?

JoeY

Im doing great. Thanks for asking!

Alec Shaw

Doing well, it’s a beatiful day here in New York City

Nicolas A

Has been a long day! But doing great excited to be here

Alec Shaw

Hope you are all doing well too

Robocop | Satoshi Club

That’s great to hear, we are also very excited to do AMA with Sperax

Jonah 🏅🎹 | Satoshi Club

We are doing great as well, I can see you are all super excited for this

So let’s start our AMA

Robocop | Satoshi Club

Let’s start our AMA with introduction

Jonah 🏅🎹 | Satoshi Club

Can you please Introduce yourselves to us, your roles in Sperax, how you got into crypto and how Sperax started?

Alec Shaw

I am Alec, I am the Partner of Business Development here at Sperax. I help secure partnerships, exchange listings and collaborations with other defi protocols!

I got into crypto in 2015 when I started the Blockchain Lab at Marquette University when I was a student. I was first a trading club then turned into a consulting firm, run by University students.

Nicolas A

My name is Nicolas. I had a background in academic research. I was a research fellow with a focus in financial macroeconomics at LSE and Princeton. Sperax, at the moment, is centered around USDs and the broader adoption of decentralized stablecoins! Since I led the stablecoin design, I think I can better address it! As a side piece of information, we also have our own layer 1 infra on testnet, but since this is not the current focus of the project, I will limit my answer to the Sperax/ USDs relationship!

I was one of the early team members and a huge supporter of Terra (I even lived in Seoul for a year to work with the team). I was fascinated by the elegant design of algo stablecoins and wanted to preserve the scalability and economic benefits they offer. At the same time, though, algo stablecoins tend to suffer from reflexivity. The stablecoin is backed only by the governance token in a purely algorithmic system. However, the governance token is valuable only to the extent the system continues to operate and captures future profits. If heavy redemptions affect investors’ belief in the system, the stablecoin will suffer, which will cause even more redemptions, creating a death spiral. The case of Iron/Titan was an example of that and the total failure of Basis Cash. This risk of purely endogenous collateral is something that even Terra has recognized, hence introducing a BTC reserve fund. Sperax design introduces that hybrid model explicitly in its design to minimize the probability of a belief-driven crisis while also utilizing that excess capital to generate yield for holders of the stablecoin and incentivize adoption!

JoeY

Hey everyone, I am Joe. I am the Partner of Tech Coordination. I coordinates our engineering team with other teams like product team, econ team, marketing&BD team, etc. Glad to be here today.

Jonah 🏅🎹 | Satoshi Club

That’s Impressive, makes we wished I started a company as well in the University

Robocop | Satoshi Club

All of you have great background and experience , can you introduce to us what is Sperax?

Jonah 🏅🎹 | Satoshi Club

You all have very impressive backgrounds

Alec Shaw

Sperax is the open-source development team focused on building software products on the Sperax protocol. With the Sperax token ($SPA) at its core, Sperax has built the first-ever auto-yield stablecoin, $USDs!

We started this protocol becuase we felt that crypto was still quite complicated for even experienced crypto/blockchain users.

So the Sperax team set out to make defi accessable by creating super user friendly defi products. Our fist being USDs which automates stablecoin investing strategies so without having to do ANY staking or claiming, users can capture stablecoin yields

Alec Shaw

We are here to take the complexity out of crypto without having to give up custody of your tokens

Robocop | Satoshi Club

How big are Sperax team ?

Jonah 🏅🎹 | Satoshi Club

Sounds so interesting

Alec Shaw

We are at about 20 team members now! The core departments consist of engineering, research and business development.

We are passionate about building an amazing product before we build out the marketing team. So as of now, most of our resources go to engineering and research to design and build the product

As we scale, we envision hiring another 10 marketing/business roles in the coming months

Jonah 🏅🎹 | Satoshi Club

A huge team I must say..

Nicolas A

also actively hiring in the econ research team in case anyone is interested

JoeY

also smart contract dev and AWS engineer

Robocop | Satoshi Club

Great, can you pls share a link so maybe one of Satoshi Clubber can try to join ?

Nicolas A

https://jobs.lever.co/sperax/

Jonah 🏅🎹 | Satoshi Club

Awesome… Interestingly I’ve sent a couple of applications to Sperax before (2) Thank you for sharing

Robocop | Satoshi Club

Thank you

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers guys

Robocop | Satoshi Club

Thank you for the great introduction guys !

Now we have collected 6 questions for part 1 from Satoshi Club community,

ready to proceed?

Nicolas A

for sure

Nicolas A

Thats going to be a long answer. I will try explaining the stability mechanism together with the yield generating process

USDs is a decentralized hybrid yield-bearing stablecoin. Hybrid means USDs is collateralized: explicitly by external cryptocurrencies (USDC, ETH, and BTC) and implicitly by the USDs protocol, an algorithmic strategy that allows users to burn and mint SPA to support the collateral, and peg, as needed. The USDs hybrid model will favor algorithmic stabilization and scalability during a bull market while promoting explicit collateralization and robustness during a bear market.

Yield Bearing Stablecoin

USDs is the first decentralized stablecoin that will generate passive income for its users just by holding it. There is no minimum amount and users will be able to earn passive income just by holding USDs on their wallets (no staking, or gas expenditures required). USDs holders receive passive income by leveraging DeFi primitives. In the current implementation, APY is generated by automatically reinvesting USDs collateral on Curve. USDs effectively pulls out all the collateral and generates yield by being one of the largest stablecoin liquidity providers on Arbitrum. With the yield generated we buy back USDs from the open market and distribute it to ALL USDs holders. This allows users, to harvest the yield by elliminating any knowledge and capital requirements that are usually present. In the future, we plan to integrate more DeFi protocols such as Aave, Anchor, Compound, Yearn Finance, etc. USDs holders will receive a diversified yield source from multiple chains and multiple platforms just by holding their coins.

How does USDs keep its peg?

Arbitrage Price Discovery

If demand for USDs increases over time, the mechanism will lead to SPA deflation. Conversely, the mechanism will defend the peg in situations of low demand at the cost of SPA inflation. This is how it works.

If USDs trade on exchanges at above $1, arbitrageurs will send SPA and eligible collateral from exchanges, swap it for USDs on Sperax protocol, and sell it, receiving as profit the peg difference.

If USDs trade below the peg on exchanges, the protocol will still allow people to trade USDs for 1$. In this scenario, arbitrageurs will buy USDs from exchanges at a discount, send it to the protocol, receive 1$ (denominated in locked collateral and newly minted SPA), and sell it–pocketing the peg difference. The above process will keep happening until arbitrageurs bring the price of USDs back to one dollar.

The above mechanism ensures that any deviation from the peg will be short-lived while ensuring adequate liquidity based on profit-maximizing incentives. This mechanism is well understood and was first implemented by Terra.

The dynamic transition between algorithmic and collateralized mechanism

One of the key innovations of the Sperax protocol is the possibility of determining the fraction of the money supply that is algorithmically determined versus the collateralized fraction. The algorithm will favor algorithmic stabilization when USDs trade close to the peg and as USDs mature as an asset. Sperax started with a 95% collateralization ratio at the genesis and adjusted based on market conditions. During favorable market conditions, we will rely more on algorithmic components, while in unfavorable market conditions, we will rely more on other cryptocurrencies. This mechanism makes USDs resemble stablecoins like DAI more closely during bear markets while keeping the scalability and token-burning benefits of stablecoins like Terra during bull markets.

Jonah 🏅🎹 | Satoshi Club

Quite a long one… let’s read

Robocop | Satoshi Club

Oh Wow ! I believe @TreBienz really satisfied with the answer

Jonah 🏅🎹 | Satoshi Club

This is a well detailed response, thank you for your Answer

So at the moment what is your collaterization ratio?

Robocop | Satoshi Club

Yes, it’s true, thank you for the detailed answer 

JoeY

It is about 91% collateral. You can check it here: https://app.sperax.io/mint

Jonah 🏅🎹 | Satoshi Club

Thank you for your answer

Robocop | Satoshi Club

Are you ready to proceed to 2nd question?

Nicolas A

the rest is collateralized implicitly by SPA. To mint or redeem USDs the protocol requires 1$ worth of crypto

JoeY

good catch!

sure

Robocop | Satoshi Club

Q2 From Telegram User @MudaraSilva

Allocations and utilities of your platform token $SPA, are clear to me. However, I saw you have other two forms of $SPA, $wSPA and $veSPA. Please explain about the utilities of these two tokens. Although I read that $veSPA balance will decrease overtime, I could not understand how does it happen. Moreover, how these tokens are interconnnected? Can we purchase $SPA, $wSPA or $veSPA as we wish or is it a must to buy your main token, $SPA first?

JoeY

Haha this is a good question. Let me break it down

$SPA is Sperax’s utility token.  You need $SPA to mint USDs, to participate in Staking and Governance, etc. wSPA is an intermediate token used to bridge $SPA between Ethereum and Arbitrum-One.

$veSPA is the governance token. It is non-transferrable. Similar to veCRV, you can use veSPA to share protocol earnings, vote in governance. veSPA currently has over 700% APY. check it here: https://app.sperax.io/stake

@nandre94 could you add more to my answer?

Jonah 🏅🎹 | Satoshi Club

Btw Do these three tokens all have a uniform supply?

Nicolas A

Yes veSPA is non transferable. This is by design since we believe that sharing protocol revenue and participating in governance should come at cost of sacrificing liquidity. wSPA is just a wrapped version to move SPA across chains so it has no active liquidity. SPA is core of all these tokens. It exists on Ethereum and Arbitrum.

Here are the token addresses: https://docs.sperax.io/faq/smart-contract-addresses

Robocop | Satoshi Club

Can you please provide us with Tokenomics from your token ?

Nicolas A

wSPA and SPA are technically the same thing. SPA temporarily get transformed to wSPA to move them cross chains. However as veSPA supply grows, more and more SPA are staked and therefore removed from the circulating supply!

The whitepaper outlines the mechanics of USDs https://github.com/Sperax/USDs-Whitepaper/blob/main/USDs_Whitepaper.pdf

Jonah 🏅🎹 | Satoshi Club

Thank you for your great answers

Robocop | Satoshi Club

Thank you for sharing this

Jonah 🏅🎹 | Satoshi Club

Ready to proceed to the next question now?

Robocop | Satoshi Club

Do you want to add something or we can go to next question?

JoeY

Tokenomics on $SPA:

https://medium.com/sperax/multi-sig-is-live-updated-tokenomics-887f4e68214b

sure we would love to

btw, since USDs minting requires burning SPA, the more USDs circulating in the market, the more $SPA being burnt!

Robocop | Satoshi Club

Thank you for the answer

Robocop | Satoshi Club

Q3 From Telegram User @GracieEne

I noted that you would like to introduce a DAO governance mechanism for users to participate and vote on major decisions including but not limited to collateral type, swap fee parameters, and withdrawal lock-up period. Can you brief us on how your DAO governance mechanism will operate? How can users participate in governance in your DAOs? Do they have to stake to be able to participate? How will governance rights be distributed? For a proposal to be implemented, it has to pass through three stages, initiating stage, voting stage and counting stage. Can you elaborate more on each of the three stages and what they entail?

Jonah 🏅🎹 | Satoshi Club

This is an attractive model for $SPA

JoeY

thanks @Jonahapagu . I can take Q3

Yes. We care deeply about decentralization and transparency. According to our plan for SperaxDAO, it will consist of two phases. The first phase would center around Snapshot. We will come up with a Snapshot strategy that centers around veSPA. Basically, there will be a threthold of veSPA balance. Anyone holding veSPA above that threshold can make a proposal. Of course, you vote for or against with your veSPA balance.

Since veSPA is on both Ethereum and Arbitrum-one, we would love to include people from both communities to participate in our DAO

Jonah 🏅🎹 | Satoshi Club

Has this threshold been defined yet?

JoeY

The second phase is 100% on-chain DAO. We would love to fork Compound’s Bravos DAO. So any proposal will go through the following process: 1. propose; 2. waiting period for public examination; 3. voting; 4. timelock before implementing; 5. implementing automatically on-chain

Nicolas A

The governance module is not live yet. But it will be something low, just for the sake of preventing spam attacks

Robocop | Satoshi Club

When will SperaxDAO fully being implement? also can you please share the roadmap from Sperax?

JoeY

Since we just launched veSPA, we would love to see how many veSPA would be minted and how they would be distributed. Based on these key stats, we can come up with the best number to ensure true decentralization

Jonah 🏅🎹 | Satoshi Club

This is understandable

JoeY

We will work on SperaxDAO after we launch USDs Bond program. @AlecShaw can share more details on our roadmap.

Alec Shaw

In the 2022 roadmap, Sperax’s first major milestone was to expand the token ecosystem by introducing the veSPA staking protocol, modeled on Curve Finance’s veCRV. This went super well and features an 700% APY for users who locked SPA for 4 years. (Q1)

New incentives & rewards will be allocated to those who participate in minting and providing USDs liquidity, including traditional yield farming rewards (like our saddle. Exchange pool paying 50% on stables from SPA and SDL) plus new models like the internet bond allowing users to get a discount when minting USDs. (Q2)

VeSPA is the foundation for SperaxUSD as we go cross-chain to major L1 ecosystems like Avalanche, Ethereum, Polygon, Fantom, and more. (Q3)

As we expand the cross-chain, we will replicate the incentive programs with all partner chains.

This is all in addition to basic infrastructures like Data Dashboards, Collateral Diversification, and trading pairs in Arbitrum, so USDs can easily swap for your favorite cryptos. We are working with partners to build a savings product like Anchor for users to earn passive income on their stablecoins with fiat on-ramps.

Robocop | Satoshi Club

Thank you for sharing Sperax roadmap, let’s continue to 4th question

Robocop | Satoshi Club

Q4 From Telegram user @Rozielyna

So SPA holders can stake SPA tokens on either Arbitrum or Ethereum and receive veSPA tokens which are non transferable. Can you please highlight more on the staking protocol on Arbitrum and Ethereum? What is the Difference between staking on Arbitrum and Ethereum? What is the Minimum and Maximum time and amount holders can stake on? You mentioned that voting power will depend on users VeSPA balance, what is the Minimum veSPA balance that allows for Voting? How can a holder increase their veSPA balance? What are the Rewards / incentives for staying $SPA token?

Nicolas A

veSPA is the governance model of Sperax. At the moment, it can be accessed from Arbitrum and Ethereum and last week’s yield was a bit over 700% APY the 4-year lockup. APY is identical across both chains, with the only difference being the gas fees. ve model is a popular governance model that protocols like Curve, Frax and Anchor have chosen. Effectively the model asks users to temporarily lock their SPA in return for veSPA. The longer someone locks their SPA, the more veSPA they will receive. veSPA increases linearly the further away the expiry date is. Locking 1 SPA for 4 years, will give the same rewards as locking 4 SPA for 1 year. There is no minimum balance. The minimum lockup period is 7 days and the maximum period is 4 years. veSPA will be used:

1) To vote or propose governance proposals. People will be able to choose collateral that will be used to back USDs, suggest changes in the investment strategies of the collateral, as well as choose different yield generating strategies.

2) veSPA holders will get all the minting and redeeming fees associated with USDs proportional to their veSPA holdings.

3) veSPA holders will get 50% of the yield generated from the collateral generated by USDs (the number is subject to change by future governance decisions) proportional to their veSPA holdings.

Effectively veSPA will truly decentralize the Sperax model, generate a steady source of passive income and directly link the growth of the Sperax stablecoin ecosystem to the value of SPA.

As the protocol grows, the higher and higher share of the veSPA rewards will be given because of USDs revenue (fees and 50% of the yield on TVL). All rewards are denominated in SPA terms. This means that every week we use all the revenue generated from USDs to buyback spa from the open market and reward the stakers. As USDs grow, so will the buybacks and the staking APY! Effectively staking SPA will allow users to take a long position on USDs adoption! A risky bet with asymmetric upside, in my opinion!

Jonah 🏅🎹 | Satoshi Club

Btw 700% is an impressive APY will you be able to sustain such high APY?

Nicolas A

Staking rate is still low. I expect long term apy to be a bit lower. However as USDs tvl increases, the more SPA buybacks we will be able to conduct for stakers.  So if USDs starts growing, this will be a significant driver of organic non inflation driven staking apy

Robocop | Satoshi Club

Thank you for the detail answer

Jonah 🏅🎹 | Satoshi Club

Awesome.. this makes a lot of sense

Ready now for the next question??

Nicolas A

also just to make clear . 700% is not the apy everyone gets. only people who lock for 4 years receive that high number

Robocop | Satoshi Club

Q5 From Telegram User @iceVermithraxx

For Algorithm Stabilization, a dual token model is used with the SPA supply absorbing the price Volatility of USDs and for minting USDs, the protocol collects eligible crypto assets and SPA tokens and these SPA tokens are burnt. Can you explain more on how your dual token model will help in absorbing the Price Volatility of USDs token? For minting, USDs, protocol collects eligible crypto assets and SPA token, can you share some of these eligible crypto Assets which will be required for minting USDs? Since the SPA tokens get Burnt, can you briefly on how the elastic schedule of the SPA token and its effect on the  USDs token?

Jonah 🏅🎹 | Satoshi Club

Thanks for clarifying

Nicolas A

Stability is achieved by offering arbitrage opportunities whenever USDs deviates from a dollar. Effectively the volatility in USDs demand is partially absorbed by SPA supply.

If demand for USDs increases over time, the mechanism will lead to SPA deflation. If USDs trade on exchanges at above $1, arbitrageurs will send SPA and eligible collateral from exchanges, swap it for USDs on Sperax protocol, and sell it, receiving as profit the peg difference.

Conversely, the mechanism will defend the peg in situations of low demand at the cost of SPA inflation. This is how it works. If USDs trade below the peg on exchanges, the protocol will still allow people to trade USDs for 1$. In this scenario, arbitrageurs will buy USDs from exchanges at a discount, send it to the protocol, receive 1$ (denominated in locked collateral and newly minted SPA), and sell it–pocketing the peg difference. The above process will keep happening until arbitrageurs bring the price of USDs back to one dollar.

The above mechanism ensures that any deviation from the peg will be short-lived while ensuring adequate liquidity based on profit-maximizing incentives.

This mechanism is well understood and was first implemented by Terra.

The main implication is that as USDs demand grows, SPA will become more and more scarce.

The existence of collateral adds an additional layer of stability, and reduces the reflexivity between SPA and USDs. Effectively it creates a price floor and minimises the probability of a bank run. At the moment we only accept USDC and USDT as collateral, but we plan to add other stablecoins like Frax, UST, DAI together with more volatile collateral like ETH. SPA stakers will have full autonomy in determining whitelisted collateral assets together with collateral deployment strategies.

Jonah 🏅🎹 | Satoshi Club

I believe this satisfactorily answers the question

Thank you for your answers, I don’t have an extra for this

Robocop | Satoshi Club

By the way, do you already do audit for smart contract ? can you please share it here?

JoeY

yes we do. Our contracts are audited by Slowmist, Certik and Peckshield

we published all audit reports here: https://github.com/Sperax/Audit_Reports

Jonah 🏅🎹 | Satoshi Club

Awesome thanks for sharing this

Robocop | Satoshi Club

Impressive ! Thank you for sharing this

JoeY

np bro

Robocop | Satoshi Club

Are you ready to continue for the last question for part 1?

Alec Shaw

yep

Robocop | Satoshi Club

Q6 From Telegram User @jameslekan664

On your medium, I saw an announcement about Sperax’s partnership with Transak. I know that Transak allows an integration that enables people to buy crypto currencies with their debit cards. This partnership is of a good course, I must say. Does this partnership with Transak mean that there will be provision for a fiat on-ramp where users can buy USDs and SPA with local payment methods and probably apple pay? Will Transak’s on-ramp be integrated directly to the Sperax dApp? In accessing the services offered by Transak, what charged will users pay?

Alec Shaw

I’ll take this one

Thank you for reading our medium articles and seeing the Trasnak partnership! We are super excited to be features as the first fiat-onramp project with direct to Arbitrum deposits for stable coins.

The fiat onramp is to make accessing USDs as easy as possible.

USDs will become the savings account of the meta verse thanks to the 11% native interest. This will be the savings account for gameFi and defi and NFTs alike. But in order to make this a reality, USDs must be stable, high yielding and most importantly: easy to access

This is where Transak comes into play.

Now, users all over the world simply have to connect their bank account or type in their credit/debit card and BOOM they can get USDs deposited directly into their crypto wallet of choice and begin earning 11% passive income.

We believe this will onboard millions of new users into defi and into the Sperax ecosystem.

Jonah 🏅🎹 | Satoshi Club

What other special partnerships do you have as well?

Alec Shaw

I’ll mention this quick. I can’t give the names until we do the official announcement but we are working on two strategic plays right now that will be huge.

First is the decentralized stablecoin play. We are working with tier 1 decentralized stablecoin partners to begin the process of switching away from centralized collateral. This will unlock new yield farms, higher auto-yield and collaboration with the biggest defi communities out there.

This partner will also be working with us to deploy new pools with juicy rewards and even work on a new bond

Jonah 🏅🎹 | Satoshi Club

This is exciting to look forward to

Alec Shaw

Second we have a vertical integration. By that I mean we are going off chain and have solidifed partnerships with groups that serve traditional investors and financial participants

Robocop | Satoshi Club

Don’t forget to share the update with us

Alec Shaw

So we will be featured on a super popular mobile investing app, allowing users to harness the power of stablecoins! This will onboard web2 users and non-crypto investors into the defi/Sperax ecosystem without having to have crypto expertise

Alec Shaw

This is the first of many web2 partners that will be interrating USDs for its auto-yield features

mobile investing apps, savings apps, neobanks etc

Robocop | Satoshi Club

Thank you for the detail answer! 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, before we open the chat, can you please share the important link or social media

from Sperax Project?

Alec Shaw

twitter.com/speraxUSD

https://medium.com/sperax

https://t.me/SperaxUSD

Robocop | Satoshi Club

Thank you

Jonah 🏅🎹 | Satoshi Club

So are you ready for the rain of questions ?

Robocop | Satoshi Club

We will open chat for 120 second, after that please choose 10 best question and answer it

Alec Shaw

Yes, we pick 5?

Alec Shaw

I see, 10

Let’s do it

Jonah 🏅🎹 | Satoshi Club

Chat will be opened now

Part 2 — live questions from the Telegram community

Q1 from Telegram user @tonmoy8595

Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release? Is your project also like this? If not can u tell us, What makes your project different from other projects??

Alec Shaw

We try not to talk much about products before they come out. So USDs is already live and ALREADY generating huge revenues.

The protocol generates income two ways:

The protocol owns over $23M worth of collateral which earns yield, half of this yield is given to stakers as revenue.

Second the protocol colelcts swap fees as the peg is maintained by arbitrage traders. This fee is given to stakers as revenue.

Q2 from Telegram user @Shiva_shivi

I see that uses who will hold USDs in their wallet,
They will receive passive income on it,
Will all holders received or there is any Specific amount that users need to hold for it?

Alec Shaw

This is the best part of USDs….

Users don’t have to stake or claim or anything! The USDs stays in your wallet 100% of the time. Not your keys not your crypto

So without having to stake (gas fee) and claim (gas fee) users just hold and earn passive income

Q3 from Telegram user @Crypto_84

How does “Dynamic Reliance” on crypto collaterals & Algorithm help in providing the stability and scalability ?
Can you please explain it more?

Nicolas A

USDs target collateral is dynamic. In other words the protocol is using an on-chain algorithm to determine the fraction of the money supply that is algorithmically determined versus the collateralized fraction. The algorithm will favor algorithmic stabilization when USDs trade close to the peg and as USDs mature as an asset. During favorable market conditions, we will rely more on algorithmic component. This is because that’s exactly when scalability matters the most. In unfavorable market conditions, we will rely more on other cryptocurrency collateral. This is because during a bear market is when robustness matters the most. This mechanism makes USDs resemble scalability benefits of stablecoins like DAI during bear markets while keeping the scalability and token-burning benefits of stablecoins like Terra during bull markets.

Q4 from Telegram user @BrayantGonzalez

I read that Sperax, in addition to having an algorithmic stablecoin, will also have a set of DeFi applications, so could you tell us what those DeFi applications and products will be that we will find in Sperax? and in all of them we will have to use your stable currency compulsorily?

Nicolas A

I read that Sperax, in addition to having an algorithmic stablecoin, will also have a set of DeFi applications, so could you tell us what those DeFi applications and products will be that we will find in Sperax? and in all of them we will have to use your stable currency compulsorily?

Q5 from Telegram user @messilolz

What is Arbitrum support? How were you able to list SPA on Kucoin?

Alec Shaw

Thanks for bringing up the Kucoin Arbitrum support!

This is super important becuase we are the first and only project on Arbitrum that has the ability to be withdrawn/deposited DIRECTLY to Arbitrum from a centralized exchange.

Q6 from Telegram user @gollumsgems

How can community participate on your project ? Is there any governance features or DAO?? WILL you listen community suggestion , feedback and consider ideas time to time??

JoeY

Yes. Community suggestion is extremely valuable for us. The best way to participate in Sperax project is to become a part of it! Get $SPA, mint USDs, stake for veSPA, and share protocol earnings! For communication, we mainly use Discord and Twitter. Also, we post important messages on our Dapp page.

Sperax Discord: https://discord.gg/MXTtQEWH
Sperax Twitter: https://twitter.com/SperaxUSD?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Sperax Dapp: https://app.sperax.io/

Q7 from Telegram user @Ravan_since_1996

Is there any token burn strategy that you follow if yes, please let us know how much token you have burned so far and what are your future plans regarding it?

Alec Shaw

Yes we have a token burn system that allows for the price of SPA to go up when USDs gains in popularity. If the circulating supply of USDs goes UP, the circulatng supply of SPA goes DOWN.

This far we have burned over 10M SPA tokens from minting USDs! That is over 1% of the circulating supply.

Details can be found here https://medium.com/sperax/usds-and-spa-token-relationship-9836bacfd3de

Q8 from Telegram user @surendra040

veSPA has over 700% apy who locks for 4 years period. What is the minimum staking I can do ?also what’s the APY below 4 years?

JoeY

The minimum lockup period is just 7 days! As for APY for different lockup periods, our front-end engineers are working on it and will publish it very soon. In principle, if you stake 100 $SPA for 4 years, it is equivalent to you 400 $SPA for 1 year. The staking rate is still low right now. So you would have a high chance of enjoying 700% APY for a period of time if you choose to stake for 4 years

Q9 from Telegram user @krish_crypto22

Auto Yield Features is Provided by many Exchange lile Binance as well,
In Your Platform,
How can user Claim their Yield?

JoeY

You don’t need to do anything! You simply hold USDs in your wallet and see the balance grow!

Q10 from Telegram user @Robotliker1

Do you have any story or greater achievements carried out till now? what are your important milestones ahead and how will you work on it in future?

Alec Shaw

Since $USDs launch this January, we have organically grown the $USDs protocol at a rate of ~100%/week since the launch of our liquidity pools on Jan 14th. $USDs circulating supply has reached $25M. TVL generating yield on Curve.fi has increased to $23 Million, collecting 10% of all CRV emissions on Arbitrum. During this same period, the protocol market cap has grown 2.3x, growing from $60,000,000 to $141,000,000.

$USDs becomes the Deepest stablecoin liquidity on Arbitrum Uniswap
$USDs and $SPA ranked #4 and #5 tokens on Abitrum Uniswap by TVL
22 million $USDs circulating
Attracted $30M of deposits in Saddle USDs farm
$5M Swaps on less <1% slippage on Uniswap

$USDs becomes the leading player in Curve war Arbitrum
20 million TVL/protocol owned value deployed into Curve
$USDs receives 10% of all CRV emissions on Arbitrum

Part 3 – Quiz Results

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

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

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

Our partners:
Website- sperax.io

Medium-https://medium.com/sperax

Telegram-https://t.me/SperaxUSD

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 Cyberlete and our guest was . The AMA took place on the 27th of April.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

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

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello  Satoshi Club! We are happy to announce our AMA session with Cyberlete!  Welcome to Satoshi Club

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! Today our  guests are @sto1te and @sunuam

Sto1te

Hello

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club, guys!

Mary | Satoshi Club

Hello and welcome here

Sunuam

Hello!

Sto1te

Thaanks for having us

Gold Rocket | Satoshi Club

How are you doing today

Mary | Satoshi Club

We are happy to see you here today

Gold Rocket | Satoshi Club

We are really honoured to have you here today

Sunuam

Appreciate you’ll having us here today!

Gold Rocket | Satoshi Club

“gamers for gamers” under this motto should pass our AMA today

Mary | Satoshi Club

Nice motto

Sto1te

gamer lyfe

Mary | Satoshi Club

I like our mood today, let’s start our AMA

Sto1te

lfg!

Gold Rocket | Satoshi Club

Let’s start with the introduction to warm up.

Mary | Satoshi Club

WGMI

Guys could you please introduce yourselves to our community

Sto1te

James Stolte (CEO), co-founded and operated the first large scale social media website for gamers from 2006-2011. He has always believed the average gamer should be getting paid for utilizing a platform. Excellent work track record as an apprentice to journeyman rebuilding railcars, along with elected roles such as co-chairman and president of his local union. His inspiration comes from an early childhood of competitive league gaming from 1999-2011 playing at the highest level, and was an anti-cheat admin for an online league. James created the largest Steam gaming community for his city and has participated in and run dozens of gaming events.

Geoffrey Maunus (CFO), is a former U.S. Marine, professional gamer and artist that took his passion for Esports and combined it with the idea of building on “blockchain” to create a safe cheat-free home for gamers. Using his 20 years of experience as an amateur and professional competitive gamer, he will help Cyberlete create a home that players will receive and understand; implement regulations, and firmly establish the legitimacy of Esports.

Sto1te

Geoff is @Sunuam

Gold Rocket | Satoshi Club

Amazing background

Mary | Satoshi Club

Great, i see you are experienced enough

Gold Rocket | Satoshi Club

you decide to do business in the space where you are swimming like a fish in water! it’s very smart!

Sto1te

Good thing im a water bear

Gold Rocket | Satoshi Club

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

Sto1te

Cyberlete is the world’s first fair gaming ecosystem which combines secure user owned proof of identity with an interoperable high integrity social platform. We are creating a set of global standards for leagues, events, and communities

Cyberlete is a technology company built by gamers.

Gold Rocket | Satoshi Club

Great concept

Mary | Satoshi Club

Very nice! What are your main goals you want to reach?

Sto1te

Thanks it’s something that has been on my mind since 2006

Cyberlete aims to be the premier technology partner of the gaming industry setting world wide standards. Cyberlete is not just a technology company, but a strategic leader within our online communities and local events. Through our focus on serving gaming communities, strengthening social development, and promoting healthy living responsibilities, our mission will ensure fair gaming and healthy online communities.

Gold Rocket | Satoshi Club

I think one more guest will join our conversation

Gold Rocket | Satoshi Club

@brianjjun welcome to Satoshi club

Sto1te

1)To help create a sustainable ecosystem for all gamers with codified rules and rewards.

2)Ensure a fair gaming ecosystem which combines secure user owned proof of identity with an interoperable high integrity social platform.

3) Easy to join leagues for all gamers.

4)Support game developers and tournament organizers

by providing anti-cheat solutions and authentic gamers.

Brian Jun 전⃝

Thanks for having me, glad to be here

Mary | Satoshi Club

Welcome here

Mary | Satoshi Club

Awesome!

Gold Rocket | Satoshi Club

Nice to e-meet you

Mary | Satoshi Club

Who are in your team except you? How big is it?

Gold Rocket | Satoshi Club

I have always considered gamers to be a special caste of people. type of supermen

Sto1te

@brianjjun is a moderator in training

he is here to help if needed

thanks for being here brian

Gold Rocket | Satoshi Club

Tell us briefly about your entire team

Who is on the project team core?

Sto1te

@Sto1te , co-founded and CEO

@Sunuam , is a co founder CFO

Our CTO could not make it today but he has a background in artificial intelligence and high performance computing.Obtained both a bachelor’s in Computer Science and doctorate degree in Artificial Intelligence from Georgia Tech University. He worked in finance with high frequency trading before creating his own A.I. startup that provides a big data modeling software as a service platform to financial institutions, insurances, and trading companies.

Gold Rocket | Satoshi Club

Wow! Congratulations

Mary | Satoshi Club

Great team! Are you anonymous or public?

Sto1te

We are public

Mary | Satoshi Club

Super!

Mary | Satoshi Club

Thank you, guys for this amazing intro! We choose 6 questions from our community for the first part of our AMA . Are you ready for them?

Gold Rocket | Satoshi Club

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

Sunuam

Yes LFG!

Gold Rocket | Satoshi Club

Q1 from Telegram user   @JesusFre1tes

Cyberlete aspires to be the industry’s premier gaming partner by setting global standards. But how will they succeed in strengthening social development and promoting healthy living responsibilities, to ensure fair gaming and healthy online communities? With the important social focus that has promoted the development of profitable games, how will they get more users on their platform and lower the barriers to entry?

Sunuam

At Cyberlete we have an eSports Triangle. The gamers participating in our ecosystem inherently become fans, streamers, and broadcasters. Fans love watching and supporting the games they’re playing. Streamers love showing their skills and building community. Broadcasters love sharing their visions of eSports and passion for their beloved games. Creating this triangle of gamers, fans, and entertainers will start a foundation to build a thriving ecosystem for 33% of the world.

Mary | Satoshi Club

Do you plan to reach 33% of the world’s audience?

Sto1te

Over time yes but for now we’re focused on releasing a solid product to 10,000 gamers during our beta phase

Mary | Satoshi Club

Gotcha  will it be soon?

Sto1te

soon yes

Gold Rocket | Satoshi Club

Thanks for your great answers

Mary | Satoshi Club

Ready to proceed?

Sto1te

lets go

Gold Rocket | Satoshi Club

Q2 from Telegram user   @thisistoyin

It was stated on your whitepaper that New users in your platform will receive $LEET tokens as rewards to encourage their journey into the ecosystem. These rewards will come from the Platform Tokens Pool. Hence, I would like to know more about this free $LEET tokens you’re giving to users, how many Of these tokens is distributed to each users for joining your platform? What can we do with the tokens in your eco system? Does this tokens have any use outside your platform? And how do you handle issues of Users creating multiple accounts? Although knowing that your platform doesn’t tolerates cheating? I would like to know how you intend on Make this process Possible?

Sto1te

The $leet token is earned by feeding valuable data into our AI/ML to teach our anti-cheat, so technically the token is not free, we are rewarding you for your data. This token is meant to be used within our platform, that is where the utility is.

Mary | Satoshi Club

How will this happen in practice?

I mean feeding

Sto1te

While a user is playing a video game certain stats are recorded from the video game to help determine wether that player is human or not

Mary | Satoshi Club

Wow, that’s cool!

Can’t wait to see this going live

Thank you for your answers! Ready for the next question?

Gold Rocket | Satoshi Club

It’s really amazing

Sto1te

Yes lets gooooooo

Gold Rocket | Satoshi Club

Q3 from Telegram user @MudaraSilva

You have compared the platform with five competitors including Major League Gaming, Face IT and Steam. When there are plenty of similar platforms, why did you select these options to compare? According to the table, Cyberlete is the only platform that supports Smart Contract. Are you the first platform that supports Smart Contract? If yes, have you done some research before introducing this feature? What are the advantages of enabling Smart Contract?

Sunuam

Smart contract allows Cyberlete to pay competitive players in leagues, tournament winners, broadcasters,  instantly without them waiting.

Mary | Satoshi Club

Can you show us that comparison we are talking about now?

Sto1te

Gold Rocket | Satoshi Club

Thanks for sharing

Sto1te

Those were chosen because theyre the most relevant in our minds

Mary | Satoshi Club

What project do you think is your main competitor in blockchain world?

Gold Rocket | Satoshi Club

Understandably

Sto1te

We believe we can help everyone in the gaming ecosystem because we offer many features including, anti-cheat,stat recording,interoperable social platform on the Constellation Network, which is infinitely scalable and gets faster the largest the network gets. No one can offer what we on any other blockchain. The Hypergraph constellation has designed is the future #HGTP

Mary | Satoshi Club

Thank you for your answers! Ready to jump to the next question?

Gold Rocket | Satoshi Club

Great usecase

Gold Rocket | Satoshi Club

Q4 from Telegram User @ghostofcharmeleon

Hello, Cyberlete team.

Your documentation says that you have developed a mechanism that allows you to identify cheaters in the game space and it is based on artificial self-learning intelligence. In this regard, I have a question, because the players will pass KYC, then based on the data that the player uses cheats, what sanctions will you apply to him? What threatens the user with using cheats? What if the unpredictability of behavior is chosen by the player as a specific model, how can he prove his innocence?

Mary | Satoshi Club

I think KYC, typo

Sto1te

Cheating is against our rules and if we identify you cheating we are 99.9997 certain that you are cheating and have proof enough to perm ban you from Competitive League. An appeal can be made through our application and trial will be held with the community as the jury

Mary | Satoshi Club

Can you explain us your anti cheating system on the example?

Sunuam

Cyberlete has developed a novel proprietary cross platform Anti-Cheat (AC) technology. As opposed to other mainstream Anti-Cheat engines which all attempt to prevent cheating on the client side, the Cyberlete AC uses extensive game specific data collection to create a big data stream of in-game events which are then processed in the Cyberlete AC Artificial Intelligence Cloud (CACAIC). The CACAIC processes all user generated game events such as character movement and user interactions like firing a weapon. The mass collection of these game events provide CACAIC invaluable data points which are used to continually train our AI/ML systems to be able to identify and categorize player behavior. For example, humans move their in-game characters in a predictable but non-linear stochastic fashion, while cheat program assisted game characters generally move in very linear paths.

The Cyberlete Anti-Cheat platform can be applied to virtually every game and application where automation is a threat to system integrity.

Gold Rocket | Satoshi Club

everything ingenious is simple

Mary | Satoshi Club

Thank you for your answers! Ready to proceed?

Sto1te

Here is a great explainer video

Gold Rocket | Satoshi Club

Thanks for sharing

Sto1te

Ready yes

Gold Rocket | Satoshi Club

Q5 from Telegram User @meml97

As a gamer myself, but most importantly as a woman, I have always come across the issue where people tend to exclude us from being part of Tournaments, gaming communities, or sometimes even being underestimated and not allow to call ourselves “gamers”, because women “usually play” other games’ genres. So, when I saw that Cyberlete’s mission is to ensure fair gaming and healthy online communities for everyone I couldn’t help but wonder, will Cyberlete be a safe place not only for women, but everyone regardless of what kind of game genre they prefer? Also, do you plan to have any kind of competitive space for those games and their communities that are not PvP centered like the BattleRoyale ones?

Sto1te

Great question! We are totally aware of the situations you are talking about and we have everyones back, females included. The great thing about Cyberlete is community members may vote to put a new league up and this could be “CS:GO Womans League” but we do not think woman should only be in their own league but should be able to play freely on our platform. We give our community the choice of many things in Cyberlete ecosystem

Mary | Satoshi Club

Is the number of Ligues limited in your gam

Sto1te

If you want a roblox league you got it!

Gold Rocket | Satoshi Club

I like how you are loyal to all layers of gamers.

Mary | Satoshi Club

Lol, it’s my sons favourite game

Sto1te

We are gamers our self!

Gold Rocket | Satoshi Club

It strengthens the gamer community

Sto1te

Ready!

Gold Rocket | Satoshi Club

Q6 from Telegram User @captainprice111

I understood that one of the main tasks of the Cyberlete platform is to focus on strengthening social development and promoting healthy living responsibilities. So what strategy does the Cyberlete team implement to support social development and promote healthy living responsibilities? Today, game addicts are isolated from society because they forget to socialize and do not do enough physical activity. What does the Cyberlete platform do for such players for socialization and healthy life for individuals? What are your technologies or incentives that can bring players into social life?

Sto1te

We will only reward up to 40 hours of game play a week. Anymore than that will not be rewarded. We do not only have a passion for gaming but for humanity and want the best for everyone

Mary | Satoshi Club

Guys, before live part will start could you please share your social media y with our community

Sto1te

You can find us at https://twitter.com/Cyberlete

https://Cyberlete.io for more information about us

Mary | Satoshi Club

Thank you

Ready for the storm of questions?

Gold Rocket | Satoshi Club

https://linktr.ee/cyberlete

Sto1te

Yeah im ready

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Ishan1_7

Can all kinds of players, especially those who are new to crypto or just getting started, easily understand Cyberlete’s gameplay? Do they still enjoy the game if they have little knowledge about cryptocurrency and crypto-related products?

Sto1te

The main feature of the platform should not be the token, but more about the social gaming side of it

Q2 from Telegram user Khalee

Please define Hypergraph Transfer Protocol (HGTP), DAG consensus, and StateChannels in layman’s terms. What are its responsibilities in CYBERLETE Technology, and how do they interact with each other?

Sto1te

We will be a state channel on the hypergraph which has limitless TPM and this is how our data is transferred

Q3 from Telegram user @Tommy_UK

We Have seent the issue of Unfairness In Various Tournaments,
How can Cyberlete Offer their Services in this Field?

Sto1te

We solve this with our smart contract. The tournament host will have to fund the smart contract before the event takes place. The smart contract will auto pay the winners

Q4 from Telegram user @deku_x_midoria

I was searching for your roadmap on your website. but I didn’t find it there. So can you share your roadmap So that we know what is your future plan?

Sto1te

Q5 from Telegram user @MdLuffyo

Will I be able to Team up with my friends on Cyberlete platform, what do I need to be able to create a team on Cyberlete? Are we rewarded when we invite our friends to Cyberlete?

Sto1te

Yes for sure! Cyberlete is all about connecting with friends to play video games in a safe environment

Q6 from Telegram user @milllu564khing

IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Sto1te

Anyone can submit their application to https://Cyberlete.io

Q7 from Telegram user Khalee

How will you safeguard users’ data from being shared across platforms? Are there also tools that can assist users in modifying their data or account?

Sto1te

Using the constellation technology on the hypergraph ensures users data is safe. The United States Department of Defense uses the same technology to safe guard their information.

Q8 from Telegram user Hector DONOVAN

What do I need to become a member of Cyberlete? What specific or general information should the player provide to become a member of Cyberlete? Do you have a KYC obligation, how do you ensure the confidentiality and security of the players’ information, what is your security level?

Sto1te

Only the competitive player needs to KYC we do not require “casual” gamers to KYC and we will provide anti-cheat

Q9 from Telegram user @captainprice111

How do you give the rewards won on the Cyberlete platform to the players? Can you tell us about Cyberlete’s prize pools? If a player does not succeed or win a prize in a tournament organized by Cyberlete, will they still be honored by Cyberlete? Is Cyberlete payment system t centralized, how reliable is Cyberlete’s reward system?

Sto1te

We give rewards based on the amount of data we’re given to train our AI/ML anti-cheat system. The more information we gather the smarter our Anti-Cheat becomes

Q10 from Telegram user @DK177

CYBERLETE is not an English word. What do you indicate by CYBERLETE?

Sto1te

Cyberlete is derived from “Cyber Athlete”

Part 3 – Quiz Results

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

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

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

Our partners:
Telegram –https://t.me/cyberlete
Twitter –https://twitter.com/Cyberlete
WebSite –   cyberlete.io

We are pleased to announce our next AMA on April 28th, 2022 at 11:00 AM UTC Time: Satoshi Club Indonesia x SeaDEX Indonesia

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Indonesian Satoshi Club Telegram group
👉 Join SeaDEX Telegram chat

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. SeaDEX Team will select 5 questions and answer them.

For more details:
SeaDEX – @seadex_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Indonesia – @satoshi_club_indonesia

We are pleased to announce our next AMA on April 28th, 2022 at 11:00 AM UTC Time: Satoshi Club x Fulbo Galaxy

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Fulbo Galaxy Telegram group

We will have the following structure:

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

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

Part 3: 300$ – A quiz about Fulbo Galaxy

For more details:
Fulbo Galaxy Website – fulbogalaxy.com
Fulbo Galaxy Telegram – @FulboGalaxyOk
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish