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 MyCointainer . The AMA took place on the 27th of July.
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 MyCointainer and Fireblocks! Welcome to Satoshi Club
Robocop | Satoshi Club
Hello Satoshi Club community ! How was your day ? We are pleased to announce today AMA with MyContainer and Fireblocks
Robocop | Satoshi Club
Today our special guests are @BartoszPozniak and @Niklas_Reichert
Bartosz Pozniak
Hello Everyone
Mary | Satoshi Club
Hello and welcome to Satoshi Club
Niklas Reichert
Hello all
Mary | Satoshi Club
Hello, nice to e-meet you!
Robocop | Satoshi Club
Hello nice to meet you @BartoszPozniak and @Niklas_Reichert
How are you today ?
Bartosz Pozniak
doing great thank you
how areyou
Niklas Reichert
I’m good, thank you! How are you?
Robocop | Satoshi Club
We are great and so excited to do AMA with MyContainer and Fireblocks
Mary | Satoshi Club
And i feel that we can already start it
As usually we will start with introduction
Niklas Reichert
It’s great to be here! Thanks for the oppurtunity!
Robocop | Satoshi Club
Let’s start our AMA
Mary | Satoshi Club
Guys, could you please introduce yourselves
Bartosz Pozniak
I’m Bartosz Pozniak, CEO and Co-Founder of MyCointainer, an entrepreneur with over 15 years of experience. I have extensive knowledge and expertise in building global digital products, including MyCointainer that was founded in 2018. Previously, I had been involved in multiple industries and start-ups. I worked for investment banks such us Barclays & Deutsche Bank in London. On top of that, I assisted many start-ups and large companies such as Virgin Games, PlayStation, Hugo Boss. Mainly in improving user experience and building product. These are the most crucial things to be developed in any start-up I presume. And that’s what I’m currently striving to achieve on MyCointainer.
Mary | Satoshi Club
Awesome background!
Niklas Reichert
Hi again, my name is Niklas and I’m working as a Sales Director at Fireblocks. I have been with the company for nearly 2 years now and have specific focus on the EMEA region. I have been working with many of the leading crypto companies acorrs the globe already and have helped them to to build, run, and scale a profitable digital asset business. Prior to Fireblocks I have been working in fintech more on the traditional side, but have been following and learning about the blockchain industry since my study time.
Robocop | Satoshi Club
Both of you have great background and experience
Mary | Satoshi Club
Could you please remind our users what is MyCointainer project about and what are its main goals?
Bartosz Pozniak
MyContainer is an easy-to-use crypto platform that helps our users to generate profits in from staking and compound it with cashback rewards.
Mary | Satoshi Club
Please could you tell our users about Fireblocks project as well what is the story behind it?
Robocop | Satoshi Club
How big are MyContainer and Fireblocks project team for now ? can you please introduce to us?
Bartosz Pozniak
Around 80 people in MyCointainer as of now.
Mary | Satoshi Club
Wow! Btw, did you downsize due to the bear market?
Niklas Reichert
Fireblocks is an Enterprise grade next generation platform for securely issuing, holding, transferring and settling digital assets, interacting with DeFi and other Web3 focused projects. Adopting a ‘defense in depth’ approach, our solution offers integrated layers of policy and cryptography that secure digital assets using Multi Party Computation (MPC) cryptography, secured in hardware (hardened Intel SGX) and driven by an enterprise grade Workflow Policy Engine.
Mary | Satoshi Club
How old is your project? What can you tell us about your team?
Niklas Reichert
Fireblocks founders, back in 2016, when we were analyzing the space, what we found is that institutions / largest crypto players were using retail grade solutions with retail grade security, usability and flexibility and there were multiple major security incidents because of it – Mt Gox, Coincheck, Bitfinex, etc.
In 2018, we partnered with the biggest OTC desks, Galaxy and Genesis, on designing an enterprise grade solution that solved for the security, flexibility and scalability issues being experienced
Robocop | Satoshi Club
That’s great
Niklas Reichert
No we are more than 500 employees globally and serve more than 1,300 institutions including BNY Mellon, Revolut, B2C2 and many more
Mary | Satoshi Club
Incredible numbers! Great job
Robocop | Satoshi Club
Thank you for the great introduction @BartoszPozniak and @Niklas_Reichert
Mary | Satoshi Club
We choose 6 questions from our community for the first part of our AMA Are you ready to start?
Bartosz Pozniak
Let’s do it
Niklas Reichert
Rdy!
Robocop | Satoshi Club
Q1 from Telegram user @Syahr1ni
MyCointainer just announced new partnership with one security blockchain project Fireblocks. As I know, Fireblocks also have wallet and we can connect it with MyCointainer platform for staking. Can you please introduce what unique feature that Fireblocks wallet, what are the benefit of MyCointainer user to use Fireblocks wallet? And lastly can you please mention other new product that MyCointainer and Fireblocks have ? What makes that product special?
Bartosz Pozniak
The wallet is a whitelabel solution that helps MyCointainer to store all funds super securely via Fireblocks solution. I mean they are plenty of great features that we use; multi-signature done by MPC allows us to have few people in the company to make a final approval of funds transfer. Also we can set various limits for every person that has access to funds.
Not to mention the largest amout of assets supported which we find very valuable. Also Fireblocks team is very responsive in adding new ones. In such case we can add new coins to the platform very very fast.
Mary | Satoshi Club
How many assets do you currently support?
Robocop | Satoshi Club
What blockchain that support the wallet ?
Niklas Reichert
From my perspective there are several features that are most relevant to the MyCointainer community:
1. A ‘defense in depth’ approach, our solution offers integrated layers of policy and cryptography that secure digital assets using Multi Party Computation (MPC) cryptography, secured in hardware (hardened Intel SGX) and driven by an enterprise grade Workflow Policy Engine. This gives you the highest grade possible from a security perspective since there is no single point of compromise
2. Lower blockchain fees –> You can save as much as 67% on gas fees when transferring funds, thanks to pur MPC-CMP protocol
3. One address for all support EVM tokens.
Bartosz Pozniak
As for the new Products we have:
1. Simple PoW mining coming soon
2. Earning Wall to enable people to earn even more
3. and last but not least for B2B Staking Nodes will be released in Q3-Q4.
Bartosz Pozniak
Close to 100 that earn yield.
Niklas Reichert
We currently support 41 Blockchains and more than 1500 tokens
Mary | Satoshi Club
It’s huge
Robocop | Satoshi Club
Thank you for the detail answer
Mary | Satoshi Club
Ohhh, so many, i am not even sure if we heard about all of them what about upcoming networks? Which do you plan to add soon?
Niklas Reichert
We take a very customer focussed approached when it comes to adding support for new networks. We are collecting customer feedback constantly and add support for 3-5 new networks per quarter. Next week we will release support for Cosmos for example
Mary | Satoshi Club
One of my favourite networks!
Mary | Satoshi Club
Do you support Cosmos assets?
Bartosz Pozniak
Yes we do. 8.1% yield as of today https://www.mycointainer.com/assets/cosmos
Mary | Satoshi Club
Satoshiclubbers never late to make profits
Robocop | Satoshi Club
That’s awesome, let’s visit Satoshi Clubber
Mary | Satoshi Club
Thank you for your answers, guys! Ready to proceed?
Bartosz Pozniak
Yes please.
Niklas Reichert
Yes
Robocop | Satoshi Club
Q2 from Telegram user @yellowchamp
Hello MyCointainer team! I found out that you have done AMA here in Satoshi Club last April 25,2022 and it was said that you were set to launch in Q2 your White-Label B2B staking platform ,so could you tell us more about your White-Label B2B staking? Does this staking was launched successfully last 2nd quarter? What special offer does this staking is ready to serve in the market? What are the things we must know and be aware about White-Label B2B staking?Can you tell us the APY/APR of this kind of staking? Does this staking has a locked-in period to be able to withdraw or unstake or it is open to unstaking? While unstaking,are you also charging fee with White-Label B2B staking? Lastly, does this staking is still ongoing in your platform until now? As you launch White-Label B2B staking last Q2,any update does it pertains since we are already in the 3rd quarter? Thank you
Bartosz Pozniak
Yes, we released the first part called Node Deployment. You can now register and login and spin any nodes that you want, we started now with only a few on the platform, but now gradually adding new ones. Dash, Divi and Partisia Blockchain will be available this week. It’s completely non-custodial. We only charge for running a node. Yield rates are specific for each blockchain, but you get 100% of rewards that you generate. You can visit https://www.mycointainer.com/business, speak with our support and request any node that you wish to run and we will create it for you and add to the platform to be used by everyone in the community
Robocop | Satoshi Club
How many total token that possible to stake inside MyContainer ? i hear that MyContainer also have own token, is it true?
Bartosz Pozniak
Around 100. No, we don’t have our own token yet but we are working behind the scenes
More info in the Q3
Mary | Satoshi Club
Nice hint don’t forget to share this news with our community
Robocop | Satoshi Club
Ah more secret … Satoshi Clubber love secret
Mary | Satoshi Club
It’s our passion
Thank you for your answers! Ready for the next question?
Robocop | Satoshi Club
Thank you for the clear answer, do you want to add anything or we can go to next question?
Niklas Reichert
I am!
Bartosz Pozniak
let’s go to the next one
Robocop | Satoshi Club
Q3 from Telegram user @Highpee
Fireblock recently released a Fireblock Web 3 Engine which is said to offer the most comprehensive tools and suit for developers to build DeFi, GameFi and NFT product and services. Can you tell us more about this secure engine and how it removes the complexities associated with working with digital assets? What are the features of this engine and what can it be used to create? Is this Web 3 Engine only suitable to developers who intend to build DeFi projects or can ordinary crypto users who does not have much technical knowledge use Fireblock engine to access DeFi, mint tokens, and manage their digital asset operations with ease?
Niklas Reichert
Before anyone get’s too excited. Fireblocks is a pure B2B product. Fireblocks powers every major crypto retail service in the world. We wanted to communicate to the market that the same infrastructure that supports the world’s largest crypto exchanges can also power any crypto game or NFT service. Developers around the world are creating immersive metaverses, crypto enabled games, and meshing DeFi services into traditional commerce. Fireblocks Web3 Engine will enable developers to jump-start their projects and help them scale into profitable businesses all on the same infrastructure. Innovation is accelerating for Web3 but so have attack vectors and levels of sophistication – what is missing is an enterprise-grade solution for Web3 to solve security and usability concerns.
Mary | Satoshi Club
Yes, security is our main concern now
Niklas Reichert
Our Web3 Engine allows for developers to build DeFi, NFT, and Crypto gaming services. This includes for example:
DeFi Suite –> Use Fireblocks secure wallet to connect to top protocols and chains EVM and non-EVM compatible; Use programmatic access to automate DeFi strategies and build financial products using a secure and scalable infrastructure; Manage connections securely using Fireblocks’ policy engine
NFT Suite –> Custody NFTs securely using your Fireblocks vault; Use Fireblocks to manage NFT lifecycle; Automate NFT trading by utilizing Fireblocks’ MPC-CMP wallets for unparalleled security
Game Suite –>
Robocop | Satoshi Club
By the way, can you please share the roadmap from MyContainer and Fireblocks? @BartoszPozniak and @Niklas_Reichert
Niklas Reichert
Use Fireblocks to build and automate your gaming economy; Manage and control your sandbox environment by controlling the actions done by your team internally
Hope that answer the question – if there are more follow up questions feel free to contact me directly!
Bartosz Pozniak
I mentioned a few milestones above, best is to follow our Twitter for latest updates as sometimes things can change dynamically
Niklas Reichert
I can only agree with Bartosz, exciting things planned and under development. Stay tuned
Mary | Satoshi Club
Yes, the benefits are obvious! Perhaps that is why the MyCointainer team chose you, or were there other reasons @BartoszPozniak?
Bartosz Pozniak
Multiple reasons but we analyzed competitors too, but Fireblocks was and still is the best solution by far.
Mary | Satoshi Club
The best collaboration
Mary | Satoshi Club
Thank you for your answers guys! Ready to jump to the next question?
Robocop | Satoshi Club
Thank you for the great answer, are you ready for the next question ?
Niklas Reichert
Thank you for the kind words! We are excited to be working together
Please go ahead
Bartosz Pozniak
Sure
Robocop | Satoshi Club
Q4 From Telegram User @Goalmessi1977
From last AMA with Satoshi Club on April 2022, there are a lot of new update that happen on MyCointainer and one of them is Technical Integration with Fireblocks project. Actually this is my first time i’m hear about Fireblocks project so if you don’t mind please tell me why MyCointainer choose to work with Fireblocks project? Would you mind to explain more detail about what are the result from your collaboration? And lastly do you still open collaboration with other project, if yes what kind of collaboration do you plan to do in the future?
Robocop | Satoshi Club
Partially covered, but i believe there are some statement that both of you can add here
Bartosz Pozniak
Well, apart from the other reasons stated above, so far it’s been great: stable solution, easy to use, integration was seamless, great support and onboarding.
We are always on the look out for new B2B partners that can enhance our ecosystem and make it more valuable for community, so best is to drop us a line via online form here: https://www.mycointainer.com/individuals/contact
Niklas Reichert
It has been a pleasure working with Bartosz and the MyCointainer team so far. It is always great to work with an organisation that has the same drive for bringing the best possible product to the market and their customers.
Robocop | Satoshi Club
For community itself, do you have prepare some kind of event to attract more user ? for example stake event or stake to get some new token reward?
Bartosz Pozniak
Recently we were doing bug hunting event with the prize pool around 1K USD. Generally when we onboard new coins on our platform we do some kinds of promotion to increase rewards for community. On Twitter we post it often.
Robocop | Satoshi Club
Best collaboration makes more better for user experience
Mary | Satoshi Club
Satoshiclubbers, follow MyCointainer twitter and don’t miss any news
https://twitter.com/mycointainercom?t=_3j53J3nvqrXtpZY8h8i-Q&s=09
Robocop | Satoshi Club
Join now Satoshi Clubber, so you can get new update from MyContainer
Mary | Satoshi Club
Thank you for your answers guys! Ready to proceed?
Niklas Reichert
Rdy when you are!
Bartosz Pozniak
please
Robocop | Satoshi Club
Q5 From Telegram User @El0nmusky
I check on your website that we can get cashback in crypto token by shopping on our favorite shops but how many shop that already do partnership with Mycointainer? Also does the cashback work on every country in all around the world? For example if i buy some stuff on your shop, what kind of token crypto will i get for cashback and how about the payment? Can i use credit card or its only possible to pay in crypto?
Bartosz Pozniak
Very good quesiton, to simplify it. We partner with around 200 shops (aliexpress and many other big ones..), now if you go to the dashboard you can see which stores you can earn a reward on. And here comes the magic you simply shop and receive USDT directly to your account that then is automatically earning you a yield
And no matter if you pay on that ecommerce store with crytpo or fiat , via credit card , paypay or any other method.
You will always get USDT to your account
#compounedrewardswin
Robocop | Satoshi Club
Oh what a great cashback system
Mary | Satoshi Club
Wow, how much total cashback did your users earn? Do you have stats?
Bartosz Pozniak
Not yet, we soft launched it early this quarter
we will provide some stats soon when we aggregate it
Robocop | Satoshi Club
Can’t wait for the new update, please don;t forget to share it with Satoshi Clubber
Mary | Satoshi Club
I feel i will be in this stat as well i love cashback
Robocop | Satoshi Club
Thank you for the answer, do you want to add something or we can go to last question from part 1?
Bartosz Pozniak
So far so good nothing more from my side
Niklas Reichert
Please move to the next question
Robocop | Satoshi Club
Q6 From Telegram User @NFTpartz
It takes my attention that MyCointainer doing collaboration with Fireblocks project to update safety&security also protect user assets. I am very happy that MyCointainer makes security become main priority of your project but can you explain what kind of technology that Fireblocks have to prevent damage and protect your user? What are the best feature from Fireblocks that special that other similar security project for blockchain ?
Bartosz Pozniak
@Niklas_Reichert i guess this one is for you guys
Niklas Reichert
Thanks for the question. In general we strongly believe in a multi layer security approach, since there is no one silver bullet against everything. With that said our approach looks as follows:
1. MPC-CMP + Multi-Cloud –> Designed to address new requirements of the digital asset space that have emerged as institutions have entered the ecosystem. MPC-CMP private key protection layer removes the single point of compromise from both external hackers and insiders – as the private key is never concentrated on a single device at any point in time.
2. Hardware Isolation in Intel-SGX –> Keys stored in SGX cannot be extracted even if malware or a hacker has control over the server’s OS – as the memory space and the data in the SGX enclave are encrypted.
3. Workflow Authorization –> Fireblocks Policy Engine, enables organizations to set up specific approval policies for every transaction. The Policy Engine allows users to configure a list of rules that affect how transactions are handled and approved.
Morevoer, we deliver a unique settlement layer for all of our customers –> The settlement layer of our multi-layer security system is the Fireblocks Network, an institutional asset transfer network that completely mitigates the risks associated with deposit addresses by automating deposit address authentication and rotation.
On top of that we follow the highest standards –> The only security platform that insures assets in storage, transfer, and E&O. Fireblocks is SOC 2 Type II certified and completes regular pen testing from ComSec and NCC Group. We are also the first crypto tech company to be certified by the International Organization for Standards in security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018).
Bartosz Pozniak
Looks stable enough for me
Niklas Reichert
I hoped you would say that
Mary | Satoshi Club
Even more
Thank you, guys! It was fantastic first part!
Before we will start with the live part you can share your social media links with our community
Robocop | Satoshi Club
Thank you for the great answer @BartoszPozniak and @Niklas_Reichert! it has been an amazing time in this first part of the AMA
Bartosz Pozniak
https://twitter.com/MyCointainerCom – the most updated channel of ours… though if you scroll down on our website: https://www.mycointainer.com/ you can find all social media
Mary | Satoshi Club
Thank you for sharing
Robocop | Satoshi Club
Now is time to proceed with the second part, the live question part 2, are you ready for the storm of question?
We will open chat for 120 second, please wait to answer until chat close, then please choose 10 best question and answer them
Bartosz Pozniak
can’t wait
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @yellowchamp
As a staking platform,I found out that you have Custodial and Non-custodial Staking,so could you explain the difference between this two kinds of staking? Which staking is more preferable and recommended especially to crypto begginers and non-crypto users and which is more profitable?
Bartosz Pozniak
As a general rule of thumb I would suggest you do a cusotodial way, it’s much easier. Then when you have more experience and understand better how things work you can switch to a non custodial.
Q2 from Telegram user @BaumgartnerJose
I read that you currently support 41 Blockchains and 1,500+ tokens. So almost everything is viable for transaction with MyContainer? Is there a prepared list of these supported Blockchains and tokens? Where can we find it?
Bartosz Pozniak
That’s a good point. I think if there are any coins that you want to stake ping our support and we will add it, hopefully super fast with the help of Fireblocks
Q3 from Telegram user @Savitasapra3
How many fiat currencies does MyCointainer offer to users in order to buy & sell Crypto Assets? Will a user have to do KYC for such Transactions?
Bartosz Pozniak
So far it’s only EUR on the platform but you can pay with many more, though they will be converted into EUR eventually. Yes for those transactions you must undergo a KYC.
Q4 from Telegram user @mamamelos2
Hello MyCointainer, you have a great project in which many investors and new users will want to enjoy earning passive income through your platform. But I would like to know what is your passion, creativity and determination with MyCointainer. Also, since you plan to attract a large number of cryptocurrency enthusiasts to invest in your platform, what would be your strategy that will attract the community to your project?
Bartosz Pozniak
I think we just want to create great products that people use and speed up the adoption of the crytpo worldwide, it’s super exciting, I love it.
Q5 from Telegram user @Fabentuug
I found out that some of the projects on your site are being delisted. Could you please explain why you removed projects from MyCointainer? How does the MyCointainer initiative benefit from this action? What characteristics do you look below before removing a venture?
Bartosz Pozniak
Generally this is due to the fact that they don’t keep up with proper updates or/and their projects.
Q6 from Telegram user @Kabirkapoor9
MyCointainer offer rewards on staking. How much Average yearly rewards does MyCointainer offer on Staking Crypto Assets?
Bartosz Pozniak
I think the last time we checked it was 14% on average.
Q7 from Telegram user @LuisPagulayan
How do users earn in the daily rewards by MyContainer? Does that mean that in order to be rewarded, one has to stake first? Is there a minimum amount one should stake to be eligible for the daily rewards?
Bartosz Pozniak
Most of the time yes you must either deposit or buy a given coin. Other ways to start are participating in giveaways, crypto cashback and more.
Q8 from Telegram user @Albitapache
How will the claims section be managed? In all platforms there are always inconveniences, which make users make claims, this process is always very slow and poor in most platforms, will MyCointainer make a difference in this aspect as well?
Bartosz Pozniak
This only applies to non-custodial solutions. On the platform claiming ‘cost’ is on our side that is included in the rewards fees that we charge.
Q9 from Telegram user @john_milton0
How many Social Media do you have? I mean
- Telegram
- YouTube
- Medium
- Website
- Discord
- TikTok
- You can share with us the link for your project in all these projects?
Bartosz Pozniak
https://twitter.com/FireblocksHQ
TwitterTwitter
Fireblocks (@FireblocksHQ) / Twitter
All-in-one platform for building your digital asset business. Powering 1300+ financial institutions and securing over $215Bn in digital assets/month.
Q10 from Telegram user @DexTerAdLer
There are two ways of staking on your platform :
- Run your own node
- Deposit your assets to a cryptocurrency staking platform
can you tell me what are the differences between these 2 staking methods and which one is easier for newbies ?
Bartosz Pozniak
If you wan to run your own node you must visit our business part.
As for the Customer side of the platform you either delegate funds to our nodes from your own private wallet (note it’s delegate not deposit -> this means that we never have access to your funds). Otherwise you deposit to our platform where we manage your funds.
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:
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