AMA Satoshi Club x Merrymen, April 16th

We are pleased to announce our next AMA on April 16th, 2022 at 05:00 PM UTC Time: Satoshi Club x Merrymen

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

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

Part 3: 300$ – A quiz about Merrymen

For more details:
Merrymen Website – merrymen.io
Merrymen Telegram – @MerrymenDex
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

53 thoughts on “AMA Satoshi Club x Merrymen, April 16th

  1. According to your medium, Merrymen tech oriented roadmap will be presented to reveal the team’s internal vision for the Merrymen DEX. So, what are your plans for adding more functionality to the exchange? How would you entice people to use the DEX and reward token holders? I’ve also learned that the Merrymen’s team has been working behind the scenes to speed up partnership discussions and unusual project collaboration prospects. So, could you please tell us who your collaborators are? What are your objectives for this collaboration?

  2. Hello Merrymen team!

    You had mentioned that yesterday being 15th April 2022, marks the first day of Merrymen’s newest campaign, aiming to bring new eyes to the Merrymen DEX, increase volume, and reward token holders. And to accomplish these goals, you will be starting off with an AMA with our community, Satoshi’s Club, today, April 16th 2022. Firstly, can you give us a sneak peak of your new campaigns as well as marketing strategies employed to give the project the necessary hype and to attract lots of users to the Merrymen’s platform? Apart from AMA’s, what other methods will you employ to attract users to the platform? Are there any ongoing Community reward programs/airdrops that I can participate in apart from AMA’s?

  3. Hello Merrymen team!

    You had mentioned on your Twitter announcement that the team at Merrymen is constantly looking for opportunities to grow the ecosystem and attract liquidity to the DEX. However, while huge efforts have been made, they are invalidated by poor market conditions. I will like to know; what are the problems encountered by the project’s team as a result of the poor market’s conditions? How does the team intend to solve these problems? What advancements have been made so far towards solving these encountered issues?

  4. Happy Holidays merry men team,
    During my findings about your project, I noticed that you aim to provide a unique trading platform, which will serve as the gateway for traditional investors to enter the crypto space. And giving the fact that you obviously need a sound Community of investors in your platform, please I would really appreciate it if you could Elaborate more on what your platform have in stock for the community of Investors in your platform. As an investor in your platform, what benefits do I stand to gain? could you also please elaborate more in details the Key Advantages of Merrymen’s Platform compared to the vast DEX’s platforms out there? What revolutionary changes does your platform brings to the table? Thank you, and once again happy Holidays to you guys.

  5. I have seen that The Merrymen team is constantly looking for opportunities to grow the ecosystem and attract liquidity to the DEX. While tremendous efforts have been made, these are negated by poor market conditions. Considering this, what are the current solutions you are considering to solve this problem and provide investment and profit opportunities despite the current and future market instability?

  6. How will the Merrymen team make investing in the financial markets safer, more decentralized and more fun, no matter how experienced users are? What kind of interface has been created to ensure that technical barriers to entry to decentralized exchanges are no longer a reason to limit the adoption of platforms like yours?

  7. Hello Merrymen ,on your (Development) , you did said that Dex features will be integrated soon after stage 1 is live. Tell us when will stage 1 be going live? I read that farming will be the first, offering huge APY to token holders who become liquidity providers on the Dex. Could you elaborate more on the farming aspect as well as the duration for token holders should hodl for APY? I learnt there is an interesting feature called “UNIQUE MOBILE Dex App” which I learnt the sneak peaks and testing of the beta version will be available during the first weeks of Q1 2022. Tell us if this beta version is now out? Where and how can it be accessed? What benefit and better experience does the beta version offers? Please tell us. what is the UNIQUE MOBILE DEX App is about? Do you have an Android version of it? Where could it be downloaded from?

  8. Hello Merrymen team!

    Farming and Staking are ways in which investors earns passive income off DeFi..You had stated that FARMING will offer huge APY to users who becomes liquidity providers on the Merrymen DEX..Can you shed more light on this? How can I become a liquidity provider on Merrymen DEX? Is there a set minimum amount of tokens that must be held to become a liquidity provider of Merrymen DEX? What is the exact APY that yield farmers will get? Is there possibilities that some factors could cause an increase/decrease in the APY or will it be fixed? Lastly, since farming could be risky attimes, what mechanisms will you employ to make sure that the $MERRY token maintains value always?

  9. It is good to see MerryMen back to Satoshi Club after your last visit on Aug 14th. During the visit, you mentioned that MerryMen DEX will operate as a refined version of Uniswap and $MERRY token will be developed as a ERC 223 with focus on security and improved fees. However, you are now launched on BSC and it seems like you have abandoned some of your previous plans such as the release of a first of it kind Mobile based DEX. Can you briefly share with us how your journey has been so far and what has changed since your last visit to the club? What necessitated some of the changes that we have seen and why does it appear like the project has not been living up to its full expectations? What are your current priorities and when can your community expect to see the revamped detail roadmap which you promised to release in order to show the direction that your project will be heading?

  10. When I tried to apply for MerryMen airdrop,one of the task required is for users to give a brief description of how they were affected by the Robinhood app.So I want to ask why is it a necessity for users to give such description?I have read about the Robinhood app,that was freezed last year January 2021 by its CEO Vlad Tenev saying that centralized exchanges should have no part to play in the world of retail investing.So what connection does MerryMen have with Robinhood?How about users who did not get to meet or use the Robinhood app,does that mean they can’t Apply for the airdrop?And how long will this last?Please explain Thanks

  11. Looking at your tokenomics, I saw that Merrymen will airdrop 10% of its tokens to Robinhood investors who lost money through the GameStop fiasco. In addition to this, 10% of the supply will be I allocated to projects having their raise on Genesis Pool that will list on the Merrymen DEX post-IDO.. Why did Merrymen decide to airdrop 10% of it’s token to Robinhood investors who lost money on GameStop fiasco? What does this good notion hold for the Merrymen Platform? Also, why have you decided to allocate 10% of the total supply of $MERRY tokens to projects having their raise on Genesis pool? Are you partners with Genesis pool?

  12. The recent acceptance of Metaverse or GameFi aspect of DeFi which is based on various applications of NFTs has proven to be a successful concept that has received acceptance from crypto communities due to the ability to play and earn. It appears you are not yet thinking in this direction. As you begin a new movement of marketing drive, will it be possible for you to introduce NFTs gamification and GameFi related elements into MerryMen in order to create product options that will not only reflect the present trend but also has the ability to bring in new users into the platform? Will NFTs have utility in your project and will users be able to witness some gamified earning activities in MerryMen?

  13. A good amount of your token is meant to reward Robinhood investors and pacify the losses suffered as a result of the sudden RobinHood GameStop Fiasco that was witnessed. How successful have you been able to achieve this and how many RobinHood users have you reached out to since you launched? How can victims of the Robinhood/GME/AMC fiasco benefit from this? And since one of the way to avoid centralised rascality is through decentralized community governance, how do you plan to entrench community oriented principles and include community as a vital layer of governance in your project decision making process?

  14. MerryMen mission as a decentralized Investing platform for everyone,aims to become the platform “For the people,
    by the people in the most authentic and transparent way possible.”as noted on your website.Your aim is to put the community of investors first and to constantly reward them.So to create a perfect mix for the community power,you will plan to become Merrymen DAO.So can you tell us how Merrymen will function as a DAO?Will you give users the power to fully vote in the future foundations of your project?Will it involve users staking to have more voting powers?When will MerryMen DAO become official and please explain to us how your DAO system will function.Thanks

  15. You made an announcement on your Twitter Channel as regards to the work done by the MerryMen team,that the team are working hard to maintain,improve and add features to the DEX.So my question first is, why is your team anonymous and how can users get to trust your project when they don’t get to know the people they are entrusting their money to?Is it possible you tell us the number of persons who make up your team/their experiences?And what are the features you have added in your DEX for long term basis?And can you tell us if users should trust that in Merrymen funds are SAFU?Please explain Thanks

  16. You recently commented that Merrymen is looking to further expand its team and onboard new and fresh talent to the project. I read that Marketing, business and finance are all departments Merrymen is open to expand. There are many people interested in being part of the Merrymen team, how many job openings do you have available right now for people who want to join the Merrymen team? As for the Marketing department, can we apply even if our native language is not English? By the way, is Merrymen planning to launch a global ambassador program?

  17. My questions are quite straight and Simple, can you kindly explain to the community why Merrymen is more focused on marketing campaigns? In your Road Map, Q1 2022, it was stated that 2022 will be an incredibly important time for Merrymen. Which you will be ramping up all marketing efforts, with influencers, AMAs, partnerships & more. I would like to know more about your Current development with regards to your Road Map, is everything going according to your planned Road Map? Can you tell us about the Kinds of Influencers you already have on board? How about your Partnerships? Could you explain your Alliance with Genesis Pool? How does this relationship benefits Merrymen and it’s Users?

  18. Ive always wanted knowing this fact, Can you tell us why you named your platform Merrymen? I hope there is also room for the Women in your platform (lol). Well, I saw that you have launched your taken since last year 2021 December 24, from last year till date, I would like to know the level of improvement in terms of growth in your tokenomics distribution, what values does holders of your token gets with time? And what are the best and easy ways of getting your tokens? Last but not the least, Do you have any Governing system in Merrymen? can you tell me how decisions are being Implemented in your platform? Is there room for Community feedback in your platform?

  19. Non-fungible tokens NFT are increasingly becoming popular. These devices have proven an excellent digital solution for collectibles, and some of the DEX platform out here also offers solutions on trading and also Acquiring, Minting and also lending of NFTs for various forms of transactions in their platform. As it is known that After raising $2.6 million earlier this month, the Cardano-based DEX has announced plans to launch its own NFT marketplace. Therefore, giving that Merrymen is also a DEX platform, I would like to know if Merrymen’s platform would also have plans for NFTs in it’s Ecosystem.

  20. Even though marketing is said to be the backbone of visibility and growth, product updates and development are the foundation upon which Merrymen’s ecosystem is built. Seeing that Merrymen has already previously released a general high level roadmap, I noted that a new, tech focused roadmap will still be released to shed light on the internal vision the team has planned for the Merrymen DEX. When are we to expect this new, tech focused roadmap of yours? Why did you see the need for releasing another roadmap after previously releasing a general roadmap and why is this new roadmap just focused on shedding more light on the internal vision for Merrymen DEX?

  21. I was made to understand that the goal of Merrymen has always been to incentivize DEX use and reward token holders through progressive ecosystem adoption in Merrymen. Can you elaborate more on progressive ecosystem adoption? What does it entails and what will token holders be rewarded with? Since the inception of DEX, there have not been any significant bugs or other product related issues with the DEX, giving the Merrymen team the opportunity to scale and onboard additional features to the exchange. What were the additional features you incorporated into the exchange? What are the benefits of these additional features to Merrymen users?

  22. What are your future goals in the next 5years? and what security measures have been provided to guarantee users from hackers?

  23. I could see that the Your platform has not yet audited its smart contracts, so I would like to know when this will take place and if the community will be able to vote on which top-tier organization holds this important event?

  24. important question:

    ✅Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about???

  25. Hello Merrymen team. You stated in an article I read that Partnerships will play a big part in Merrymen’s growth strategy. Without a doubt, partnerships help extend the scope of a project and provide numerous benefits. Please, tell us, with how many projects are you currently in talks to establish new partnerships? Regarding this topic, what is Merrymen’s number 1 priority when choosing new partners? What aspects of those projects do you focus on? What are the most outstanding partnerships that you have established? Thank you!

  26. Merrymen will airdrop 20% of its total supply to those affected by the Robinhood GameStop fiasco. Merrymen are making this incredible offer because it feels that what the Robinhood management did to its retail investors was dishonest and highlights the fact that centralized exchanges can’t be trusted. Merrymen wants to bring decentralized finance (DeFi) to traditional investors to help them gain a better understanding of how they can easily be the ones in control of their own finances. How can RobinHood affected users contact Merrymen and prove they qualify for the airdrop, and how will it be distributed? Will the amount of tokens be equally distributed among those Robinhood users?

  27. The major backbone of any DEX is liquidity. I commend the intuitive display and simplification of swap process in your DEX. However, some of the things I noticed is the lack of volume, visibility, and insufficient trading pairs. What are some of the activities you plan to do in order to bring in more trading pairs and improve the liquidity of your DEX, since this DEX appear to be the only working product that you have currently? Why don’t you have a well attractive staking or farming programs which can drive in liquidity activities to your DEX and how possible will it be for you to cooperate with multiple service providers that can offer deployable and useful service which can help provide adequate liquidity for your DEX?

  28. Your Slogan is For the People, By the People. Can you explain How this Slogan make reality within the Merrymen Ecosystem? In which manner will the users be able to decide new things to run the Merrymen DAO? However, It’s sometimes very risky to give the rights to the users since they can be manipulated by the Crypto market Conditions such as Whales. So How is your Slogan withstand against this circumstance? Do you think that the slogan of “For the People, By the People” will work in Merrymen ecosystem properly?

  29. I Would like to know more informations about the Merrymen DEX. Which functions do your dex make unique? Can you tell me about it’s Transaction speed & fees, Is it fast & Cheap one comparing with the Pancakeswap & Uniswap exchanges? However, Lot of decentralized exchanges will be failed due to the technical orientated issues such as price liquidation, insufficient tools to trade. So Do you have plans to overcome these issues So that Merrymen Dex can become like Binanace exchange? And also Tell me How about the AMM of Merrymen Dex, Is it link to the Uniswap V3 or V2?

  30. You have built the Merrymen platform on Ethereum blockchain system which have higher gas fees than other alternative blockchain networks. Why is that? Will this lead to downtrend the $MERRY token since the transaction fees are higher than other? Will there be cross chain migration within Merrymen DAO? If yes, Please tell us about the upcoming plans of the Cross chain integration to the Merrymen ecosystem? When will you onboard more potential Blockchain ecosystems like Solana, BSC, Cardano, Polygon etc..?

  31. I am very curious that the Merrymen team has decided to carry out an airdrop for Robinhood investors. Can you please share with us the reasons why you decided to focus this airdrop on those users? Can you please clarify if there is any relationship between Merrymen and Robinhood? In addition to this airdrop, do you plan to organize other airdrops where users from the Merrymen community who have not been Robinhood investors can participate?

  32. The dex will be audited and at the same time its security against possible hacks will be and will guarantee the user the necessary support, many new dexe are not known for distrust, what is their strategy to make use of it and have the necessary security to operate in the ?

  33. While I read through your website, I observed three major features of the Merrymen mobile app and they are; LEARN, MANAGE and CUSTOMIZE.. Can you elaborate on these features? Speaking of the LEARN feature, how will Merrymen ensure that a user’s investments will be safe and decentralised regardless of the user’s experience in DeFi? Are there provisions for tools/support to help newbies adapt to the app quickly and trade easily? Can you tell us about the tools available on the Merrymen Mobile app to aid a MANAGEABLE and CUSTOMIZABLE portfolio? Lastly, is there provision for PC and iOS apps?

  34. Some time ago you mentioned that one of the most awaited features, the unique mobile DEX App, will launch its beta version in the first half of 2022, with plans to be officially listed on the main operating system’s respective app stores in Q2 2022. What advances can you share with us about this launch? When will this App be listed in the respective app stores? How long until the official launch? What security measures will you implement in this mobile app?

  35. I observed that the Merrymen roadmap consists of two distinct stages which are; the 2021 road map and the future roadmap..I will like to know if all goals on the 2021 roadmap has been achieved. Furthermore more, I saw “Governance” amongst the listed goals of the future roadmap..Can you tell us how Merrymen governance operates? Who will be incharge of decision making to aid the betterment of the platform? Will you employ a DAO governance mechanism?Will users/token holders be given decision making opportunities? Lastly, what is your progress as regards to the future roadmap?

  36. I understand that Merrymen is a fully decentralized exchange, built on the Binance Smart Chain, which aims to bring in CeFi & traditional investors to DeFi via aggressive marketing, partnerships, and unique products. What are the Unique Features that Makes merrymen special and Different from other DEXs? I noticed that MerryMen is currently focused marketing campaigns, what are your marketing campaign strategies? What are the advantages of Merry Men that will attract more New investors and make them stay for a Long-term? What have been your achievements so far and What should investors expect before the end of the year and even beyond? Do you have an Audit certificate for your project yet?

  37. Partnership is a very important factor in the development of a Project. I noticed that Merrymen DEX partners are Genesis pool and Transient, what are the benefits of this Partnerships to MerryMen Project and how will Merrymen Be of benefits to its Partners? What are your Plans to Striking more Partnership deals and Will this be happening anytime soon ?

  38. I would like to know more about the $MERRY token of Merrymen. What is the total supply and Price of $MERRY token? I am a bit confused as there is no much details about these token, What are the features, use case and utilities of the token? Where can we buy your token? What are the rewards and benefits for holders of your token? Will there be a staking mechanism for the $MERRY token?

  39. I get to understand that on spin top network,a partikar can stake thesame token and get rewarded. so what I don’t understand is that are there some certain tax which are to be performed by the staker or he just gets rewarded after staking.please can you elaborate more on that aspect

  40. What makes your DEX standout compares to existing ones like pancakeswap or uniswap? And i saw in your website that you’ll have a mobile app that can be used to manage our portfolio. Is it launched yet? And what are the unique features we can expect from this app?
    Thank you.

  41. Please I will appreciate it if you can elaborate more on the staking aspects on the spintops network how long does the staking takes place and what are the minimum and the maximum amount of spintops in which an individual can stake.and also how does the contribution aspects takes place

  42. Hi Merrymen team! My love for testing new things is boundless, so I was happy to visit your DEX. I noted a small number of tokens available for swap. And, of course, I compared your project with those considered to be the flagships of the market, where exchanges on various blockchains, a wide range of features and tokens are available for exchange. How are you going to conquer the ocean of blockchain and stay afloat? Because it is impossible to cover the lack of functions only through marketing. Thank you!

  43. What is the relationship of MerryMen to RobinHood? What urged you to airdrop free tokens to investors that were affected by the Robinhood GameStop fiasco? How helpful has this been for RobinHood users and do you have publicly released the list of airdrop receipients? Is the airdrop over or is there still a chance for RobinHood users who have recently reclaimed their account?

  44. Hello Merrymen team.

    Recently, DEX ‘s are evolving into platforms that offer “all-in-one” services. Besides staking and farming, they also have features such as lottery and launhpad. They also conduct NFT sales. There are also DEXs with “limit orders” possible. In short, there is no doubt that there is a tight competition between DEXs. What is the Merrymen’s vision? What are their plans to reach and retain large numbers of users in this competitive environment?

  45. You mentioned in your medium blog that the team at Merrymen has been strategically stepping up marketing efforts to raise awareness to the DEX and that these efforts have been solely focused on growth campaigns and social media marketing. To add on your strategies, do you have plan to promote MerryMen DEX products and services through offline media channels like billboards ads, print ads, telemarketing, radio, pamphlets, car wraps or even tattos? Do you plan to start an Ambassador Program to assist you promote MerryMen? What are your thoughts on this plan if it is implemented?

  46. How does your Dao token work, what are the elements that provide greater identity, independence and solidity to your platform, how is your reward system integrated and what are the exchange options that you offer?

  47. How has the participation and AMA sessions influenced its expansion, from its initial launch to this day, what have been the advances in terms of DEX partners, associations and collaborations, will they be associated in CEX, what are their most ambitious milestones and priorities for 2022 ?

  48. Knowing that your Platform Merrymen is a
    DEX on the Binance Smart Chain. And ofcourse, Interoperability of blockchains is a core concern for blockchain ecosystem. It was known that In order to ensure blockchain-to-blockchain communication, cross-chain atomic swaps are implemented, therefore I would like to know if your Platform Merrymen Supports Interoperability. In addition, Decentralized exchanges are not completely immune to all threats, so I would like to know what Safety measures you have in place to tackle issues regarding external Attacks by hackers, Liquidity Risks, Limited Recovery Ability (in terms of Smart contracts and KYC), Limited Support for trading and also SCALABILITY. Have you got all these issues covered?.

  49. On your website, what attracted my attention the most was the fact that you stated that Your goal is to make investing in financial markets safer, more decentralized, and more fun, no matter how much experience you have (or don’t have). Now knowing that DEX platforms are not intuitive or easy to use and require a high level of technical know-how Please I would like to know, does this mean that Non Crypto Literates could also benefit from using your platform? If yes, then how would these be carried out? Is there an existing educational Tool, Guide or System set in place for Non Crypto Literates to also participate in using your platform? How safe is our Assets with you guys? And I really do hope that you’re Better than Robinhood that virtually got it participants into trouble.

  50. What participation does the community have in the management and decisions of the platform, who are the main responsible for the evolution of its ecosystem and what benefits do its owners have, what factors influence the variations and updates of the price of their tokens?

  51. 1) Why is merrymen making so little progress? 2) In what way will you reward the token holders? 3) When will there be new tokens added to the dex?

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