We are pleased to announce our next AMA on May 30th, 2022 at 01:00 PM UTC Time: Satoshi Club x Smarty Pay (SPY)
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Smarty Pay (SPY) Telegram channel
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Smarty Pay (SPY) Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Smarty Pay (SPY)
For more details:
Smarty Pay (SPY) Website – spy-token.io
Smarty Pay (SPY) Telegram – @SPYGlobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I understand that in Smarty Pay, Users who already have SPY in their wallet can farm more SPY and you also integrated SPY NFTs into your Platform and users can use these NFTs to mine for SPY. Cam you elaborate more on the Farming system of SPY token and minimum amount of SPY token a user must hold in their wallet to be able to Farm more SPY? What are other usecases of SPY NFT within the Smarty Pay ecosystem aside Farming more SPY? Are there any difference between using the SPY NFT and using the SPY token for farming $SPY token? Lastly, where can users acquire SPY NFT?
The main system from Smarty, from the beginning has been using NEMOT blockchain system: NEMOT blockchain system seems to be new to many users like myself, can you elaborate more on NEMOT Blockchain system? What are some of the distinct features of the NEMOT Blockchain System and what are some of the advantages and benefits which the NEMOT blockchain system will Bring to the Smarty Pay ecosystem?
Aside Security, Governance and Decision making for Project is one of the uttermost considerations for most investors to every project and i also saw that SPY is Powered by a web 3.0 DAO system, can you briefly explain on the web 3.0 DAO system and its importance? can you share more on your Governance and Decision Making Protocols? Would there be a chance for users of community who hold the $SPY token or any other criteria’s to partake in decision making and Governance of the Smarty Pay Platform?
Hello Smarty Pay Team – i read that you build a future, not just a Token , and I’m curious to know what Smarty Pay projects for the future ? What benefits does Smarty Pay has in store for it’s Token holders, community and metaverse ? I read that there is “Reward Event “, “High APY Farming”, “NFT Power Stake”, etc. Please tell us, what kind of Events are they, how may I be able to participate in the events and what rewards will successful participants in the Events be rewarded with ? Lastly, could you please elaborate on your “NFT Power Stake “, how does it work and how will participants profit from it ? Please explain to us. Thanks
From my research ,I found out that spy carried out a charity outreach on the 19 August 2021 to be precise. It is a very lovely thing and I am moved by the impact you are making to the world . Can you brief us on the charity program, the number of people you were able to support and your future plans? For people who will love to be part of this great course, Can you tell us how we can be part of it? Can you tell us how frequent you carry out the charity program?
Hello Spy Team.
About your Visions and Values, it was clearly stated on your whitepaper that your Biggest Dream, Thoughts, concepts, observations shows that
there is a gap between Fiat Gateway & Crypto
Gateway. Therefore the SPY Token is in the process of developing A Wallet Converter to realize the Fiat & Crypto gateaway as your main target. That is a really
Petty good Idea, can you tell us more about these Wallet? What other Utilities does this wallet Converter Entails apart from How far have you gone in developing these Wallet? Can you also give us hints on when the Wallet would be fully available and functional for the entire community?
Hello Spy Team
It is known that Yield farming is the process of using decentralized finance (DeFi) to maximize returns. Many Users lend or borrow crypto on a DeFi platform and earn cryptocurrency in return for their services. However i noticed that currently, SPY launched the Smarty De-Fi that offers up to 10.000 APY, and since then holders and trading chart are uptrending. So can you help im elaborating more on how you’ve been able to provide up to a 10.000 APY? I would like you to give us a breakdown of how users could Earn Passive Income in your Super DeFi.
Hello Spy Team
When we look back at the history of cryptocurrency and how it got to where it is, we can see how integral a sense of community was and continues to be. The crypto ecosystem is built on that community spirit. In fact, it is ingrained into the technology itself, these tells us that community is very important in every project, so i would like to know more about how Equilibrium aims to build a solid Community to Stand the Test of time, what sort of community incentive programs do you engage your Community with? What are your plans to keep new users engaged with your Community?
Hello Spy Team
When we look back at the history of cryptocurrency and how it got to where it is, we can see how integral a sense of community was and continues to be. The crypto ecosystem is built on that community spirit. In fact, it is ingrained into the technology itself, these tells us that community is very important in every project, so i would like to know more about how Smarty Pay aims to build a solid Community to Stand the Test of time, what sort of community incentive programs do you engage your Community with? What are your plans to keep new users engaged with your Community?
Greetings smarty pay team!
What i actually wanna know is that, how would your platform Smarty Pay (SPY) be of use to Crypto Beginners who are actually interested in investing thier money in a well structured and secured project? How secure is your platform in terms of Investors funds? Is your platform suitable for beginners? What could be the actual requirements for your users to register with you and also start earning using your platform? Apart from yield farming, what other services do you render to your community? Do you have any plans on introducing new products and services such as P2E or other products in the nearest future? Thank you.
Greetings Smarty Pay team!
It is quite obvious that Almost every Crypto Holder out there would wanna know the benefits and advantages of holding a Certain kind of Token they wanna get themselves involved with. Well, in these case, i would honestly like you to give detailed explanations on how important and Advantageous it is for an individual to Join your community and even possibly holding your tokens for the long run,? Can you Help in giving clear Elaborations about the Core Services that your platform Smarty Pay Offers to its general user community that other platforms out there are not offering their community? How confident are you about this project?
I discovered that smarty pay(SPY) has some underlined business in Indonesia.The only business I know for now is the smart corner.please could you provide more information about the smart corner and the progress you have made so far? Can you share some of the goals and milestones you want to achieve in smart corner? Is the smart corner limited to only Indonesia? Can people in other part of the world start-up a franchise with your company’s name? What are the other business smarty pay are running or planning to run?
Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us…..
Smarty pay (SPY) is planning to develop Play to Earn games where players can explore and purchase series of digital goods, such as lands, crops, animal, tools, etc. Can you update us on the current development stage of the SPY games? When are you launching the game ? For digital assets like the land, What are some of the privileges and incentives a player gets for owning some of the digital assets? Lastly, Can you tell us about the reward system that will be adopted in the game?
I understand that SPY Token is a DEFI & CEFI token that is supported by the community to be the main pillar of the SPY Platform. Asides SPY Token being the main pillar, what other pillars do you have? I admire the fact that SPY Token provides economic incentives to users. You did say that the incentives will be distributed among users to encourage them towards contributing and participating in your Smarty Pay ecosystem. In what ways can users participate in your ecosystem? How would the incentives be distributed among users? Do you have a system for the distribution?
Hello Smarty Pay Token’s (SPY) Team!
My question is regarding what Smarty Pay brings into the Cryptosphere; Are there any new innovation/invention that SPY brings to the table or did you solely build on the already existing infrastructure? Can you highlight some few projects that has a similar goal as the SPY platform? What sets you aside and gives SPY an edge ahead of these major competitors? The volatile nature of the crypto market could prove catastrophic for Investors attimes; How do you aim to mitigate unfavourable market conditions so as to pose maximum benefits for token holders, gamers and the general users on the platform even during DIPS which is somehow unavoidable?
Hello Smarty Pay Token’s (SPY) Team!
The decentralised nature of the Crypto space is something that I really admire. A major problem however is that bad elements (scammers/hackers) often take advantage of the decentralised nature of the Cryptosphere. Scammers are steady on a look out for ways to exploit and defraud a project and it’s users and that is why the question of SECURITY always comes to mind. In a nutshell, describe the strength of the SPY’s platform security; Assure us that our investments will be fully secure on your platform. How do you aim to further strengthen the platform’s security? Do you already have a smart contract audit certificate? If yes, Kindly share details with us, thanks
Hello Smarty Pay Token’s (SPY) Team!
I must commend the platform’s structure and features, well done with this great innovation. As I scrolled around your Twitter page, you made an announcement about the Smarty Pay’s NFT competition which is to be held between 27th May till 27th June, 2022. Give more details about the NFT competition; how do I participate? what is an NFT holder required to do in order to win? How many winners do you target? How will the winners of the NFT competition be selected? What incentives will users that win the competition be opened to? In order to participate, must I acquire an NFT first?
In your Whitepaper, you have stated about main fundamental pillars of the SPY Platform, Real projects, Real transactions, Royal community, and Real values. Please elaborate more on these features. What do you indicate by the words, “real” and “royal”? Do you mean that the competitors of Smarty Pay are lack in real deals? Why do you think interacting with real world situations adds a value to a project? How does it contribute to the efficacy and the sustainability of Smarty Pay?
Hello Smarty Pay Team! Exploring your tokenomics, I found that you have allocated larger portions from total token supply for burning and developmental purposes. The allocation for burning is 35%! It is true that generating a token scarcity is important, but why are you burning this much of tokens? Will they be burnt manually according to the market conditions or do you conduct scheduled burns? 30% of the total tokens will be utilized for development and infrastructure. What are the actual usecases of this allocation? Which type of developments we can experience in the near future?
I have already downloaded the android version of your “SMARTY PLATFORM” android app. However, it seems the app does not support my country. Is it only for Indonesian users? If yes, do you have any plans to expand it as a global app? How about your plans to compete with similar apps? Are there any prerequisites to use “SMARTY PLATFORM”? Should buyers and sellers hold $SPY or can they make transactions with stable coins/local currency of Indonesia? There may be users who are not using android. In addition to this app, don’t you have iOS and web versions?
Smarty Pay plans on becoming a one stop place for both investors and customers and that the POS (point of sales) transaction system from Smarty Indonesia will be the main engine of the block hash of every transaction that is converted to SPY. How will you ensure that Smarty Pay is a one stop place for both investors and customers? What strategies would you employ to retain your users? SPY token holders have the opportunity to do staking, farming, exchange etc to maximize their respective capitalization. Can you tell us more about your staking mechanism? How will users go about staking SPY token? And how would you minimize risks associated with staking?
I’m quite amazed and enthusiastic about the Ecosytem that Smarty Pay is founded on, which demonstrates how quickly the project is expanding and scaling up. So, in order to have a more efficient, transparently running system with high security and privacy, I’d like to know how Smarty Pay Team Developer will adapt and exploit features or protocols accessible in blockchain technology in the future, such as Derivatives Trading Protocol Protocol (DTP). If it can be stated on how they plan to achieve this goal for their ecosystem while still considering the strategy indicated above about excellent security, which, as we all know, is one of the most important factors to consider, I’d want to know how they plan to do so.
Smarty Pay’s vision is quite exciting. Taking into account the Spy Multi-Connector and Spy Multi-Function that were described in relation to the NEMOT blockchain. So, what role does NEMOT play in this project? If there are any details we need to know about the NEMOT blockchain, I recommend you state them and how they can be obtained in a timely manner, as this is a rapidly growing project, as well as the availability of the Smarty e-commerce blockchain business, which has been operational for over four years and is still growing. Is there a grading system in place for the Ecommerce blockchain? And how about the site’s user friendliness when it comes to making purchases? Is it also possible to track any unsuccessful payments made on the site?
According to my observations on the project, one of the values that drew my attention to the brim is the issue. The key fundamental elements of the SPY Platform will be real projects, real transactions, royal community, and real values. So, if I may inquire, what are the genuine projects, transactions, royal community, and values? I’d like the project to focus on the aforementioned values so that we can understand the agenda in place to make it true and real to the end consumers.
Smarty’s core system has used the NEMOT blockchain technology from the start, a unique mix integrated for all forms of transactions and serving as the main aggregator for all types of businesses. What is NEMOT and how does it function? Please, I’d like the project to highlight the use of NEMOT blockchain in this project and why it’s the greatest fit for it.
Smarty Token provides the financial incentives that will be distributed to incentivize users to contribute and participate in the SPY Platform ecosystem, resulting in a mutually beneficial system in which each player is appropriately compensated for their contributions. So, what are the procedures or plans in place to ensure that this disbursement goes off without a hitch on both ends? Is this a one-time payment or a quarterly payment? or on a monthly basis?
According to my research, the SPY Token is a DEFI & CEFI token that is widely considered to be the core pillar of the SPY Platform by the community. I’m hoping that with DEFI, users will have confidence in the technology’s ability to deliver on the services being offered? On the other hand, with CEFI, I hope users trust a company’s staff to manage funds and carry out services because both DEFI and CEFI provide a wide range of cryptocurrency-related financial services.
Greetings, Smarty Pay Team
One thing that I really admire in the Cryptosphere is it’s passive income generation strategies and methods. On your tokenomics, it was mentioned that 10% of the SPY token will be allocated to Mining and Staking. In a Nutshell, explain how mining and Staking works within your platform: How do I go about staking the $SPY token? What is the minimum amount of $SPY token required to be staked? What is the minimum amount of time (lock up period) that is required to stake the tokens? Can I decide to unstake at any point in time? Upon Staking of $SPY token, how will the staking rewards for each user be calculated and distributed? Give details on the token’s mining too.
The main token of Smarty Pay, $SPY is the world’s first claimed utility token that has direct connectivity between Fiat Gateway and Crypto Gateway transactions. Being a pioneer is an advantage because it means $SPY is offering something that no one else has in the market, but is also a challenge, because as a new thing there will always be mistake to fix along the way. In this concept, how has Smarty Pay handled the advantage and the challenge of being a pioneer in direct connectivity between Fiat and Crypto Gateways? What is direct connectivity revolutionary about for users?
One the of the features of Smarty Pay are the POS (point of sales) transactions. How can this kind of transactions modify the experience of customers in establishments? Is this feature exclusive of Smarty Pay?
How will $SPY Token be at the forefront of incorporating third-generation cryptocurrencies? To get a better understanding of the difference between the “traditional” tokens we have known along the developing path of decentralized finance, what are the advantages of $SPY being a third generation token? How will this improve users’ trading experience and help maximize their profits, thus marking a new era for everyone?
I read The $SPY liquidity pool is on PancakeSwap, so it is safe to buy SPY. But, they plan to include new trading platforms that will expand the reach of Smarty Pay? What are the next DEX, CEX or Swaps that you have set your sights on to plan the next major quotes that will allow you to expand the range that SmartyPay currently has?
Greetings Smarty Pay Team!
I have a few questions on your token allocation. I see 5% of the total $SPY supply has been allocated for “stable asset”. Can you elaborate more on this allocation? What do you mean by “stable asset”. What are the utilities of this allocation? further, another 5% has been allocated for “charity”. I could not find any details on the usecases of this allocation. Currently, there is a trend of allocating a small percentage for charity work. Do you just follow this trend or have you really identified needy people and have planned about conducting charity work? Please let us know also about the portion of 30% allocated for the development. What kind of developments we can experience in the near future and in the long run? Why the expenditure for developmental purposes is too high?
Greetings Smarty Pay Team!
Smarty Pay competition called “Buy and Cast” is currently running until 27th of June. Can you elaborate more on this competition? Who are eligible to participate? How can we join the event? What kind of NFTs are allowed? Are there any categories? How do you identify whether NFTs are original? How do you detect cheaters? Is a single user allowed for multiple entries? Please explain about the rewards too. Competitions on creating NFTs are currently becoming popular. Is your event similar to those NFT competitions or do you offer something new? Further, is there a special reason to choose the field of NFTs for your project?
Greetings Smarty Pay Team!
I saw you offer a referral reward of 5%. How do you calculate the reward? Is it 5% from the investments or 5% from the earnings? To be eligible to receive this reward, should the referee invest his own funds in Smarty Pay farms? Aren’t we allowed to use your referral system as a free earning method? It seems you allocate this 5% only for direct referrals. Don’t you offer any reward for indirect referrals? Further, let us know about your mechanism to prevent the community from misusing the system. Do you have a proper technology to detect multiple accounts? What will happen if users create multiple accounts from their own referral links?
Hello SPY team, I read something about Staking and Farming process where users can earn passively by just Buying and holding the $SPY Tokens. Can you please shed more light on this staking process like the APY, and when I will be able to unstake my $SPY tokens anytime? I also discovered that the supply of SPY Tokens is only 100,000,000 and the team already burnt 33% or 33,000,000 SPY Tokens recently? Why have you decided to burn such a huge amount of the token supply at once? Does it entails that there won’t be any subsequent burning mechanism if the $SPY token is to remain in circulation?
Hello SmartPay team.
It is currently possible to earn on your project with SPY/BUSD, SPY/BNB, SPY/USDC and SPY NFT pools. We see that the APY rates of the pools are very high right now, the harvest luckup is 12 hours. First of all, I want to ask are you planning to add new pools? Would you consult the community to add a new pool? Secondly, can you talk about the amount of fees we have to pay to invest in the pool and for the harvest? Finally, if there are any new features you plan to add to the platform, can you tell us about them?
Thank you.
Hello Smarty Pay!
One of my friends is living in Jl. Bogor Nirwana Residence. Why did you select Bogor Nirwana Residence to establish your office instead of choosing a separate office? I wonder whether your project is mainly for Indonesians. Do you offer any privileges for your own citizens? Are your team members from Indonesia? When a user from another country wants to purchase something from Indonesia, can he use your token, $SPY? Do you have any plans to establish $SPY as a payment method in the global market? If yes, how do you handle legal issues such as regulations on cryptocurrency? Don’t you think that introducing a stable coin is better than creating a token for real world purposes?
Hello Smarty Pay!
I am interested to know about your staking program since your Whitepaper or the website does not give much information on staking. From the total supply of $SPY, there is an allocation of 10% for mining and staking. Can you tell us the breakdown of this allocation? Is it 5% for mining and 5% for staking? Can you clearly state about the token allocation and reward distribution related to your staking program? I could not see any details about a separate reward token on Smarty Pay platform. Do you distribute all the rewards with $SPY? If yes, does 5% from the total allocation suffice and how do you ensure the token scarcity? Please explain about the vesting schedule of this allocation too.
Hello Smarty Pay!
I am curious to know more information on SPY MULTI-FUNCTION feature. I read $SPY can be a hybrid functional alternative for much wider use to Fiat Gateway and Crypto Gateway. What is the actual purpose of introducing a hybrid option? When anyone can purchase their needs and receive services by card or cash payments easily, why should they shift to $SPY? How does a $SPY payment differ from card/cash payments? Do users get any discounts/offers? I have heard about some other projects that worked to introduce tokens for online purchases. How does Smarty Pay differ?
Tell us about the referral program in SPY, what are the benefits of belonging to this program and how broad can its scope be to attract investors from any country regardless of language, or can this be a major limitation, if so? could you solve it?
Almost all the projects during their presentation phase are identified as the first of their kind as something never seen in the market, however that information is not always real, what characteristic does Smarty Pay have to be not the only one but the leader in its type and create a community of holders, investors, developers and partners highly trained and committed to the evolution and consolidation of the project, which are the use cases of your NFT, do you consider that it is time to incorporate new financial instruments as dynamic and bold as the NFT?
Among the main characteristics that a blockchain project must have to succeed should be its high commitment to the community, high level of security and ability to attract new members, what is its balance point to achieve coupling these two characteristics in parallel and grant them the priority that both must have to be completely efficient, what strategies will they apply to survive in the market despite the unstable conditions that it is presenting?
To have a more efficient,transparently working system with high security and privacy, Smarty Pay plans to feature Derivatives Trading Protocol (DTP).So can you elaborate more on this feature?And do you think that with this added feature you will attract more investors and have an increase long term benefits?You also plan to add P2E features,so can you tell us how you intend to go about it in introducing games to your platform to achieve the P2E model?Please explain Thanks
I will like you to talk about Smarty Pay (SPY) Launchpad.So my questions are,When should we be expecting it launch because there is no information on that.What significant advantage will SPY Launchpad have over most launchpads?What layer of security will you offer to investors to ensure that the projects that will launch in your Launchpad are safe and will not turn out to be scam or later rug pull?And will you include KYC process as part of users’ verification performed by a third party?Please kindly highlight the features of SPY Launchpad.Thanks
I noticed that there was a removal of Pools Farming V1 and Pools Auto Compound V1 from DeFi SPY as of 11 May 2022 even when you had an extraordinary growth progress of these features.So can you tell us why this was removed from your platform?What then happens to users funds in each sections?Do you intend to establish the V2 of the Pools Farming and Pools Auto Compound or this features are totally removed?Please explain Thanks
Some of your features that caught my attention is the “Smarty Social Media and Adsense”,”Smart Life”.Can you please tell us more about this features?What does it comprises of?You didn’t say if they are already launched,so can you tell us the stage you are in in releasing both features or are they released already?Kindly explain Thanks
I know that Smarty Pay (SPY) is offer a tremendous passive income in term of staking and yield farming in DEFi, but as you now that in our current situation people are focusing on other dimension project such as metaverse, p2e game and even move to earn project, so i want to ask, how the team would manage Smarty Pay exposure on the global market and what is the most killer utilities or product that would make people choose and getting advantage by entering or becoming part of Smarty Pay?
Almost every new investors have just focused on price of token in short term instead of understanding the value of the project. Can you tell us some motivations and benefits for investors to hold Smarty Pay for long term?
Where I can access full information about the Smarty Pay and the utilities? Also is there any local community group for Smarty Pay ? If so please give me the detail
One feature I saw on the Smarty Pay platform is that you state that it will provide a combination of CEX’s and Dex’s for the differences in Derivative Trading, but can you tell us how the Smart Pay team will create this combination in the Derivatives trading for these CEXs and DEXs? How will Smart Pay ensure that your users and investors are trading with this derivatives trading combination, and what are the advantages that this combination will provide to a user in derivatives trading? Does a user have the ability to directly select the desired assets for the Harvest Assets type in the Smart Pay platform?
I read in a conversation that you said that your Wallet Converter feature is a “superior” feature, but can you tell us about the “Wallet Converter” feature available on the SMART PAY platform? Could you share with us your current features for SPY TOKEN, which will enable you to provide faster, more accurate and more efficient service to all its holders, and if you are working on these issues?
I saw that Smarty has a POS transaction mechanism, but I did not fully understand it, can you give us some information about Smarty’s POS mechanism in simple sentences? What is the technological structure of the Smarty POS system, does this system have a fast and reliable mechanism? What is the short and long term advantage of using the “Smarty POS” mechanism of the SPY platform?
Hello team SPY. Can you tell us more on the NEMOT Blockchain system?
Can you shade more light on the farming system of the SPY token? What is the minimum amount of SPY token required for a user to be able to farm?
I noticed that the priority for the SPY platform is the NFT quality, not the NFT quantity. Could you tell us about your NFT feature in the SPY platform, how will you bring quality NFTs to the SPY platform and present them to your users? Will a creator be able to create NFTs and trade their content on the SPY platform? What is the strategy and path that the SPY team will follow in order to protect the content of artists and ensure that they reach their true value for fake and unsold NFTs, which are among the factors that reduce the demand for NFT today?
I noticed that you divided the NFTs into 2 separate segments in the SPY platform, but I couldn’t quite understand it. Could you tell us about the NFT Signature segment and your NFT POWER STAKE segment? What are the differences between these two NFT segments, which NFT segment will a user belong to if they want to stake an NFT as a long-term investment tool in their SPY project? Why did you need to create 2 separate NFT segments in the SPY project, can you explain if a user wants to reach any of these NFT segments, will they pay a fee?
Hello team SPY. What is NEMOT Blockchain? What makes it a unique combination integrated integrated for all types of transaction? And why is it the main aggregator for all types of business.
Hello. Can you tell us about the NFTs Feature in the SPY platform?
When we look at the market, I think that the fact that a project solves serious problems, adds value to its investor and has a stable token economy is an important factor for the project to be sustainable. So, what are the problems that the Smart Pay platform has solved in the current market, can you tell us whether it has provided the necessary trust and community for the Smart Pay token to be successful and valuable? Does the SPY team have a transparent structure and can it make the necessary disclosure to its investors in a negative situation? Is the SPY team the only authorized one for the management style of SPY or do you have a DAO mechanism where your users and assistants will have a say in your management?
Hello team SPY. What is NEMOT Blockchain? What makes it a unique combination integrated integrated for all types of transaction? And why is it the main aggregator for all types of business?
It is very interesting er why you comment that SPY is Smarty Pay, An Indonesian utility token that has many projects underlined, but could you specify what is its utility based on ? by saying that it is from Indonesia doesn’t it seem to you that it is a bit sectorized utility ? how does it influence the general adoption issue of your token to the other communities ?
I particularly like to understand the essence of the project by the interpretation of its name and the name of its token “spy”, what exactly does this symbolism refer to and what do you want to convey regarding the mission and vision of your project? does this name have a story behind it?
One of the things that got my attention is that Smarty pay says that the $Spy is a Defi+Cefi token, so can you please explain us more about how this token posses both features?
The life support of AMMs like you is the Liquidity flow, so can you explain us how smarty pay gets or guarantee the enough liquidity to its trades ? How do you Incentives the apparition of liquidity providers?
My question.
Many blockchain projects exist to sell their tokens and then turn into rug pulling projects after profiting from the presale. What can SPY do to make us feel more comfortable participating in the Presale and investing in SPY..??
And also Currently, most investors only care about current profits but ignore long-term profits. So can you give them some advice on why they should buy and hold on long term..??
Thanks.
I heard that Smart Pay Platform has conducted an audit with TechRate audit platform. Can you share the audit report with us? However, interaction with more audits bring more transparency in to the platform ecosystem. So, Will you Conduct more audits in future like a one for 2 quaters? Will TechRate be the Permanent audit Partner of yours in future also? Or Will you work with other audit firms as well like CERTIK, Hackathon etc…?
Looking on $SPY tokenomics, You have allocated in way that 5%- Presale, 5%-Charity, 5%- Stable Assets, 30%- Development & Infrastructure, 10%- Mining & Staking, 10%- Marketing & 35%- Burnt. In here, We Could see you have burnt more tokens than other purposes. Why is that? Why did you burn 1/3 of $SPY token from total supply while you allocated only 5% for the Presale, Actually Why did you allocate small percent for fundraising such as 5% from total supply? One thing I noticed here, 30% for the Development. Does it mean that 30% of $SPY tokens go for the Development team of Smart pay platform?
I would like to know more details about the SPY decentralized Autonomous Organization (DAO). In which manner will it be operated, Will it be go forward with a Voting system? However, Usually in DAOs, Users should hold their native tokens or NFTs for their voting rights. How about your DAO? Do users hold $SPY tokens or NFTs in Farming pools to vote their decision in Key events? If yes, How many tokens should users hold in their wallets?
You say that Smarty Pay is supported by a fun and vibrant community. You welcome and embrace diverse perspectives to build Smarty Pay into the best community in crypto with Decentralised Autonomous Organization (DAO), for the future of its token. Could you talk about your DAO – it’s main features and functionalities? Please reveal the requirements to obtain the right to vote? Is your DAO fully functional at the moment or you expect to launch it on the go? Thanks!
You also mention that SPY Token is a DEFI & CEFI token that is supported by the community to be the main pillar of the SPY Platform. SPY Token is expected to be the will become a multiconnector for various types of transactions such as Retail systems, Omnichannel, Logistics. Please talk mote about the these transactions and SPY token usecases within them? Do you expect to add some more areas of use for your main token? Thanks!
Greetings Smarty Pay Team!
Judging from your vision of the project, you see a gap between Fiat Gateway and Crypto Gateway. Please deeply explain about this idea. As per my knowledge, we can perform our transactions with Fiat or Crypto without any issues. Why do you think there is a “gap” between these two methods? Which kind of “gap” is it and how does Smary Pay fill it? Why do you introduce Smary Pay as “3rd generation cryptocurrency”? Is it because your token, $SPY differs from other cryptocurrencies? If yes, please cleary explain how does Smarty Pay make a new generation of cryptocurrency.
Greetings Smarty Pay Team!
According to the $SPY allocation, you have allocated 5% each for pre-sale, charity, and stable asset. I have a few questions about these portions. Although there is an allocation for the pre-sale, I could not see about a public sale or a private sale. Don’t you conduct those sales? If you only conduct a pre-sale, early investors have to purchase tokens only from that sale. Is 5% enough for all parties? Regarding the 5% allocation for charity, how do you choose needy organizations/people? Can community members intervene to make decisions on charity? Finally, what do you mean by “stable asset”? Are you going to introduce a stable coin? What are the usecases of this allocation of 5% for the stable asset?
Greetings Smarty Pay Team!
Describing community centered features, you have stated that $SPY allows everyone to directly join the SPY Club. What is this SPY Club? What are the benefits of becoming a SPY Clubber? In addition to financial opportunities, are these members allowed to join the governance? To join the club, what is the minimumvalue of $SPY that each user should hold? When there are token holders with different holding values, do you give priority to users with higher token amounts? In addition to the eligibilty to join the SPY Club, what are the community centered features that SPY Club offer?
I find Smarty Pay a very interesting project, however lately there are too many scams when buying new tokens, how can we know that buying $SPY is safe and that we will not lose our money? What are the biggest attractions of $SPY that other tokens in the DEFI market do not have?
What is Smarty Pay’s highest priority today? Are they working on your safety, your community or your economy? How much do they take the community into account in future decisions? What are the community care options they offer?
How do you see Smarty Pay in 5 years in the future? Do you have plans that you haven’t talked about before that you would like to share with us? What are your plans to grow the $SPY token so that it doesn’t plummet to 0 like many tokens that have been launched lately?
What do you consider to be the biggest problems a DEFI merchant has that Smarty Pay manages to successfully solve? What was the reason you decided to create Smarty Pay and why do you think it is necessary for Defi investors today?
I am a beginner investor and I am very detailed in the projects I want to invest in, Smarty Pay seems to me an excellent project, however, would you recommend investing in $SPY to beginner investors or do you recommend to have more knowledge and experience in defi before investing in $SPY? Do you consider that some concepts or functions can be too complicated for beginners?
Analysis and Forecast had proven that BTC will hit a new ATH before June 2022, however the current crash in the crypto market proved catastrophic for alot of crypto currencies. Although, Dips and crashes cannot be completely avoided in the Cryptosphere, what strategies and methods will Smarty Pay platform employ to mitigate and reduce the blow of unfavourable market conditions on it’s users? Speak about strategies and mechanisms that you have in place to ensure that $SPY tokens maintains value always. On what utilities are the SPY tokens based?
Going through your materials; On your tokenomics, I had seen that 5% of token supply was allocated to Stable Asset. My Question: Can you give more details on the stable asset? What does the stable asset entail? Is it by any chance a stable coin? What is the basic essence and functionality of the stable asset? How will the incorporation of the stable asset be beneficial to your platform and it’s users?.
Hello
We all know that A crypto community is not only for getting in touch for technical support, but also A highly engaged online group can also potentially boost a company’s potential to increase its userbase further. On May 29 2022, in your SPY ARMY group, you announced a shilling contest and competition, which is a 7 days competition, where 20 winners will be selected with 10 dollars each as prize money. Can you tell us more about the rules of this completion? How can we participate in it? Is there going to be more competitions to sustain and build up your community?
Hello
I see that your project is developing a game, for the Gamfi community in smarty Pay, i would like to know the biggest advantage in the game, and how do you intend the game to be like, please explain more about the Tokie GameFi project, do we have to be a professional player before we can be able to play the Tokie Farm game? What are the Requirements for the game? Do we need to have or hold your Token/NFT before playing the game? Please explain more on how we can earn more with your NFT and gamfi projects in your eco system.
Hello
One of the Interesting aspect about Smarty Pay tokens was that, During these cold Bearish Market, i learnt that Smarty Pay holders are currently relaxing during the bearish market. Because Smarty Pay price did not decrease significantly, and Smarty Pay holders are already secure, with their assets into Smarty Pay Farming Pool & NFT Staking Pool. But in this case, i would further like to know if there’s any other risk involved in your NFT staking & Farming Pool in your platform, Please explain how the Smarty pay Defi Works.
Greetings SPY NFT TEAM.
I Came across an important notification about your Platform’s event, i noticed that you Currently have an NFT competition event going on right now, the event Period started 27 May 2022 and it is to end in 27 June 2022, for which the total price of the event was said to be a whooping $3300 in SPY NFT for upto 100 People. Can you give us a complete breakdown of how this NFT competition event is going to be Carried out? What are the Requirements of joining this event? And what could be needed for participants to engage in these Competitions?
Hello Smart Pay Team,
I couldn’t discover any Roadmap of Smart Pay Platform though I searched every where. Can you share us with your roadmap? In forthcoming quarter, What special events will be scheduled? As well as , How about the current progress of Smart Pay Project, are you behind the roadmap or is the project ongoing with the road map? Thanks
Hello Smart Pay Team,
Could you please elaborate about the SPY NFTs? I know that every NFT have their own utilities. How about yours? Are they tradable on secondary marketplaces except the SPY DeFi? As You stated, Users can mine more $SPY by Farming their NFTs. Plaese Explain regarding this matter, In what way will the Farming & SPY NFT involved with Smart Pay Ecosystem? How about the security status & legal ownership of user’s NFTs after they input them in to Farming Process? Thank You
Hello Smart Pay Team,
Since the lack of transparency in Projects, They will be collapsed at the starting point. The main reason for that is the anonymity of the Development team. So, how about you guys in this case? Are you a fully doxxed team or anonymous team? If you don’t mind, Please tell us about their background within Crypto currency & Blockchain industry? However, You need to be fully transparent even though you are anonymous or not. So, In what way will you liquidate the transparency in to Smart Pay ecosystem with a reliable decision makings?