Anypad x Satoshi Club AMA Recap from 30th of June

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 Anypad and our guests was @divyarsh, @DecryptoPal, @Cryptofuel11, and @i_am_ini- representatives of Anypad. The AMA took place on 30th of June.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! We are pleased to announce AMA with Anypad.

Today our guests are @divyarsh @DecryptoPal @Cryptofuel11 @i_am_ini!

Andrés M. | Satoshi Club:
Dear community, our AMArathon ends with another fantastic project, Anypad!

DecryptoPal:
Hi 🙂 Everyone

Harsha Vardhan:
Hello Everyone

Andrés M. | Satoshi Club:
Welcome everyone, how are you today?

CryptoFuel11:
Hello everyone

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @divyarsh @DecryptoPal @Cryptofuel11 @i_am_ini!😁

DecryptoPal:
Yeah, doing good. Got such an overwhelming response from the crypto community since last few days 😀

Busy building from ground up.

Andrés M. | Satoshi Club:
Congratulations, any important event coming?😁

DecryptoPal:
We are having an Airdrop over CMC Campaign currently. Lot of things planned up

Gold Rocket | Satoshi Club:
I see you are very excited about this

Harsha Vardhan:
🚀🚀Airdrop Announcement

Dear community,

🔥We are thrilled to announce our Community Airdrop in partnership with Coinmarketcap starting today, 29th June 2021. Ensure you follow the given instructions accurately.
Let’s go to the moon🤩🤩🌙

Spread the word:
https://twitter.com/AnyPadio/status/1409719332452503559?s=19

Read more about this Airdrop partnership here:
https://bit.ly/35X7LPI

👥Follow Anypad via Official channels:
Telegram chat (http://t.me/anypad_chat)|
Telegram announcement (http://t.me/anypadofficial) | Twitter (https://twitter.com/AnyPadio?s=09)

Andrés M. | Satoshi Club:
Well, to begin with the AMA we would like to know more about you, could please introduce yourself and tell us your role into Anypad?

Harsha Vardhan:
This is Harsha Vardhan: I am CEO & Founder of Anypad. I have a wealth of experience Working as a Business Analyst for a few big enterprise projects, providing support and expertise from the initial discovery phase to the successful completion of the projects. In addition to this experience, I have an extensive knowledge of Business Analysis, Customer Relations and Project Management.

DecryptoPal:
Hi, This is Abhay here. I’m spearheading the marketing effort for our project Anypad. I have good experience within the crypto market coupled with several years of corporate experience in the IT industry. Our team consists of global professionals from major domains, who have a passionate for Defi and crypto industry as a whole.

Gold Rocket | Satoshi Club:
Pay attention, Satoshi Club 🚀 Don’t miss great opportunity😊

CryptoFuel11:
Hi this is Shashank… In the industry for quite a long time now.With more than 5 years of corporate experience in the field of IT and Sales…With a deep passion for blockchain and next gen tech like AI and ML. Currently working with anypad as marketing consultant

Gold Rocket | Satoshi Club:
Btw also we would like to know about your team. Who is on the project team core?

Nice to meet you guys 😊

Harsha Vardhan:
Bhanu Prakash – Web Developer

Web Developer with 4+ years of experience in designing and developing user interfaces, testing, debugging,data management in cloud environment Azure including web API management.

Proven ability in optimizing web functionality that improve data retrieval and workflow efficiencies.

Technical Skills: C#, HTML5 Markup, CSS3, Bootsrap, .NET,Angular JS, JQuery,Javascript, MVC, Azure Devops (VSTS/TFS), Azure deployment and Management.

https://www.linkedin.com/in/vejjubhanuprakash

Phu Pham Ngo -Blockchain Developer
Experienced Blockchain Developer with expertise in nodejs backend development. Additional experience in smart contract development on ethereum and reactjs development.

Arun Sunil L – -Blockchain Developer
https://www.linkedin.com/in/phu-pham-ngoc-8b4776114/

IT Technology Specialist for Cloud, Database and Blockchain Integrations. Additional experience in smart contract development on ethereum and reactjs development.

https://www.linkedin.com/in/arun-l-2904a04/

Harsha Vardhan – Founder

Working as Business Analyst for big enterprise projects, providing support and expertise from the initial discovery phase to the successful completion of the projects.
In addition to this experience, he has an extensive knowledge of Business Analysis, Customer Relations and Project Management.
https://www.linkedin.com/in/harsha-vardhan-0b4a3086/

Aaron Barboza- Community Manager
Experienced Social Media Manager with a demonstrated history of working in the internet industry. Skilled in Customer Relationship Management (CRM), Retail Marketing, and Leadership.
https://www.linkedin.com/in/aaron-barboza-121b321a7

Abhay – Marketing
Functional Consultant | Business Analyst | Six-Sigma Practitioner | Blockchain Marketing experience & vast connections within the blockchain ecosystem.
https://www.linkedin.com/mwlite/in/abhay-kumar-pal

INI Abasi
Social media marketing & Content Management
https://www.linkedin.com/in/ini-abasi-ekanem

DecryptoPal:
Yes sure. Harsha will share the team details in a moment 🙂

Allright!

Andrés M. | Satoshi Club:
Nice to meet you guys, is an honor for us to have great personalities here

Now, what is the essence of Anypad?

DecryptoPal:
The current advent of defi use cases reminds me of how the early days of .com era were. So out of our multiple brainstorming sessions, we decided to get our hands dirty to start understanding the tools and also the blockchain ecosystems. It definitely striked to us as a future of decentralized world, and also how the industries would operate effectively utilizing the power of blockchains.

This then brings us to the realization, that the power of determining the future of blockchains actually lies in the many hands of smart contract developers. With the recent crazy demands on blockchain projects, many took the advantage on the wrong side. Many project creators or developers were driven by wrong intentions, which resulted in scams and rug-pulls.

Gold Rocket | Satoshi Club:
I see you are connected not only by your favorite work, but also by good friendship 👍

DecryptoPal:
And that was the reason why we come together as a team and founded Anypad. Anypad is aiming to change that and help drive the next generation of Blockchain projects. We are a project driven by the community who actually listen, study, evaluate, define and manage product vision and backlog together with our developers, architects, and UI designers.

Gold Rocket | Satoshi Club:
What plans do you have for the future? And what can we expect from Anypad?

DecryptoPal:
We are multichain Launchpad and AMM DEX: incubated by Exnetwork Capital, which is capable of launching blockchain independent micro-cap project creating value in the blockchain ecosystem. We aim to become the first of its kind launchpad which is blockchain agnostic. We plan to integrate HECO chain and BSC for the start and extend to Matic and Solana network in the coming future.

We are also developing an incubator platform targeting blockchain professionals where we will be providing support to kick start their projects.

CryptoFuel11:
Yes truely and together we build great things

DecryptoPal:
Anypad is dedicated to incubating and accelerating the best micro-cap blockchain independent projects, allowing any startups to grow and raise funds seamlessly, irrespective of the blockchain. Anypad’s competitive advantage includes a multi-chain, blockchain agnostic feature for its launchpad, an incubator platform to easily solve scalability issues with improved security, and also a AMM DEX for an easy listing of incubated projects, hence overcoming the issues of initial exchange liquidity and listing fee.

Andrés M. | Satoshi Club:
Thanks for share that complete information.

DecryptoPal:
In the next 30 days, we have planned to aggressively build our ANYPAD Community. We are working on several partnerships that will be announced. And closing our private sale.

We are in talks with Huobi partnership, they are very interested in our project, we will announce our partnership asap.

The IDO Launchpads will be finalized hopefully, and we will be coming in full swing.

Andrés M. | Satoshi Club:
That’s what we see, your community is big👏

Gold Rocket | Satoshi Club:
Where is your office located?

Harsha Vardhan:
British Virgin Islands.

Gold Rocket | Satoshi Club:
What event influenced the project the most?😁

DecryptoPal:
But we are a global team, working from different parts of the world !

Andrés M. | Satoshi Club:
Beautiful place😃

Gold Rocket | Satoshi Club:
Remotely👍in the days of covid this is a excellent

😍

Andrés M. | Satoshi Club:
Well guys, we have collected some community questions for you.

Ready to proceed?

DecryptoPal:
The need to deliver a project that creates value for all its stakeholders, instead of one party.

Gold Rocket | Satoshi Club:
Yes… Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

DecryptoPal:
Okay !

CryptoFuel11:
Yes sure.

Q1 from Telegram User@giovannialc
We know that the main function of ANYPAD is to solve the problems that plague users who have little or no knowledge about cryptography, being exposed to loss of liquidity, scams or carpet pulls causing great losses for users, what security methods will implement ANYPAD to avoid all this and that users can have that availability to obtain profits in a stable way? On what will the incubator method be based, and how will it successfully solve the problems already mentioned in blockchian networks?

DecryptoPal:
To start with, we are getting a CERTIK audit, which is one of the best in crypto sphere.

The audit is currently in progress, and we will announce after it gets completed by next month.

The projects launching will be carefully vetted by our process.

Andrés M. | Satoshi Club:
Congratulations, it is a recognized company👏

DecryptoPal:
A brief about our vetting process:

  1. Team motivation – why do they want to start this project
  2. Audit and KYC – all projects need to perform KYC (not with us, but with professional KYC service) and code need to be audited.
  3. LP and funding – if the team prefer to stay anon, we will hold the LP token, and also partial funding until they reach certain key milestones.
    All in all, we do our best to pick projects that are legit – as much as we can.

DecryptoPal:
I hope it answers the question.

Gold Rocket | Satoshi Club:
Great answer👍

Andrés M. | Satoshi Club:
So clear, but which benefits do you offer for long term holders?

DecryptoPal:
Anypad has many benefits for the Holders, some of which are:

Earn passive Income: Good APY on staking

DecryptoPal:

  1. Access to IDO: Tiering model for users to access our IDOs. Tier models and more information will be released soon. Don’t miss our announcements on our official TG group.
  1. Rising price floor: Every transaction incurs a fee which is sent to liquidity and locked.

This way long term holders are benefitted the most.

Gold Rocket | Satoshi Club:
these are very cool features😊

Andrés M. | Satoshi Club:
Excellent benefits, a great reason to invest and HODL🥳

Gold Rocket | Satoshi Club:
Thanks! Ready to proceed to the next question?

DecryptoPal:
Yes 🙂

Q2 from Telegram User @samuelr21
How is ANYPAD doing the distribution of the $ APAD token, will it be distributed through the same ANYPAD platform? Will you have some kind of sale or auction for the $ APAD token or a whitelist where you will allocate the token? How is $ APAD made up and for what purpose did they create it since they have AMM DEX as a medium of exchange throughout the DEX exchange process, will the token be the base or support?

DecryptoPal:
We aim to become the first of its kind launchpad which is blockchain agnostic. We plan to integrate HECO chain and BSC for the start and extend to Matic and Solana network in the coming future. The rationale behind choosing HECO chain is its ability to provide interoperability, cross chain communication, low-cost & faster transactions. We want to be an early adopter and first of its kind for the HECO chain.

We are also launching on BSC network because of its extended functionality and low transaction cost.
Since most of our initial development and testing is performed on Ethereum development environment thus we can also incorporate ETH network, if it is required. That’s the reason we call ourselves Blockchain agnostic launchpad.

Coming to the distribution part, we will be following a three tier allocation model

And the idea behind having it is a fairer distribution of token amongst the holders.

All the pools will be having different dynamics for different target audience.

This way, we will not only attract a larger audience but also serve them better and provide value to their investment.

Let me also tell you a bit about 3 pools:

One overflow style: like pancake, raydium IDOs

One private style: Hold and stake APADs to get allocation

And third the Bounty pool. We do not want to disclose it right now, but this is one thing that you have never imagined ✅

Andrés M. | Satoshi Club:
How many pools will be there?

DecryptoPal:
Yes, I have just answered it above 🙂

CryptoFuel11:
3

DecryptoPal:
We have done with our seed and private sale.

Andrés M. | Satoshi Club:
Oh thanks for the clarification, so $APAD will work as a governance token? What will be its main usecases?

DecryptoPal:
The main use case is to HOLD $APAD for getting allocation in the private pool. We have planned to keep the entry barrier low so as to enable everyone to participate.

Secondly, the more APAD you have, the more rewards you can reap, as well.

We want our project to be as community driven as possible.

Gold Rocket | Satoshi Club:
Thanks! flawless answers👍 ready to proceed to the next question?🚀

Andrés M. | Satoshi Club:
That’s great, not only benefits for whales

DecryptoPal:
Thanks ! Sure , Get set Go!

Q3 from Telegram User @DK177
Do you allow bots on your platform? If bots are welcomed, what is the mechanism you are using to identify good bots and bad bots? How do you manage good ones and block bad ones? Can your team handle it? If you are not allowing them, what are the messures you have taken to identify bot activities? Currently, malicious bots can go unnoticed and do a severe damage to a whole platform. How do you face that kind of situation? How does your team protect the data and the funds of your community? Do you ensure the privacy and security of our sensitive information including KYC information?

Gold Rocket | Satoshi Club:
This is also the right decision. the community is the engine of the project 👏

DecryptoPal:
Yes, and the third bounty pool will have a huge use case for APAD too. Wait and watch, my friend 🙂

Andrés M. | Satoshi Club:
For sure, we are even more excited right now😁

Gold Rocket | Satoshi Club:
🤩

DecryptoPal:
On our platform, there will be no BOT activity. Currently, there would be Anti-bot measures placed during our launch to stop them from creating havoc.

We will be following best possible security protocols and techniques to safeguard our community from bots.

We will be having KYC regulations with business level standards. We won’t be launching scams. There are already some good projects in our pipeline.

CryptoFuel11:
We’ll also be incorporating all the best in industry security measures to protect all attacks…As we mentioned we care for our community and anyone associated with us. Be assured all the funds and data are secured

DecryptoPal:
We are building day and night 🧠😀

Gold Rocket | Satoshi Club:
Yes you have done a great job … but even more work ahead🚀

Andrés M. | Satoshi Club:
Have you done some “hackathons” to check the safety of the platform?

DecryptoPal:
It’s a constant struggle, afterall 😀

Gold Rocket | Satoshi Club:
The road will be mastered by a walking person😉

DecryptoPal:
Not yet. Our MVP is ready, testing is going on. We can have this too. Thanks for pointing out.

@Cryptofuel11 Please 📝 note

Andrés M. | Satoshi Club:
Great job, security first 👍

Gold Rocket | Satoshi Club:
Do you have any user guides?

DecryptoPal:
We will be publishing it over our Medium by next month. As I said lot of background testing is going on, so we want to make sure that our product is 100% robust and also have easy UI for our users.

We will be taking our time with the product, we won’t be launching a half baked pie

Gold Rocket | Satoshi Club:
😁

Gold Rocket | Satoshi Club:
Thanks! Next question?😉

DecryptoPal:
Bring it on 😉

Q4 from Telegram User @Ashia_24
I noticed that the first blockchains supported by Anypad’s platform are Binance Smart Chain and Huobi ECO Chain, with Solana and Matic being added in the second release. Is it possible that other mainnets, such as Ethereum and Polkadot, will be included in the third release? What is the impact of integrating four blockchains in your project?

Gold Rocket | Satoshi Club:
partially disclosed. but I’m sure you have something to add on this topic 😊

DecryptoPal:
Yes, I have answered some of it. Let me tell you more why we are pushing for HECO in the first run.

Heco is a decentralized, high-efficiency and energy-saving public chain, also the first product launched by the Huobi Open Platform. It is compatible with smart contracts and supports high-performance transactions.

Let’s point out the most prominent benefits both for users and developers.

For users: Low transaction costs, Low transaction delay, High transaction concurrency, Cross-chain asset transfers, User support.

For developers: Compatibility with smart contracts, which reduces development/migration costs, High-quality projects can be listed on Huobi Global, Possibility to apply for marketing service packages, Opportunity to get an official news report supported by Heco.

CryptoFuel11:
Heco has a clear and detailed description of their roadmap until 2023 Q1. Ethereum forks like Binance chain and Huobi Chain will have millions of new users, because solidity devs will easily build on top of them, and the fast success of Binance Smart Chain demonstrates it.

DecryptoPal:
and to clarify, we are not Moving, we are extending. Just like in future we plan to extend it to Matic and Solana networks.

Gold Rocket | Satoshi Club:
by the way, share your roadmap with us please😊

DecryptoPal:
You can check our Whitepaper for minute details. We are using Agile methodology to develop our project using scrum principles.

We follow a dynamic roadmap, we plan for a quarter and then build on that.

Roadmap is being followed by projects having waterfall model. It lacks the ability to be flexible with the ever changing crypto market.

Andrés M. | Satoshi Club:
Thanks for the clear answer guys, ready for the next question or do you want to add something else?

Gold Rocket | Satoshi Club:
A dynamic roadmap allows you to be flexible. a good choice 😊

Harsha Vardhan:
Whitepaper
https://docsend.com/view/cwufgd3ew6qe6i6n/d/6ng55chyh99k66dk

Pitch deck

https://docsend.com/view/cwufgd3ew6qe6i6n/d/2dws9xriw7fvum9h

Gold Rocket | Satoshi Club:
Thanks guys!

Ready to proceed to the next question? Or want to add something?😊

DecryptoPal:
Yes.

Q5 from Telegram User @KeymerS
You mention that Anypad Incubator will serve as a catalyst for innovative and emerging blockchain startups, but could you really tell us more about it? is this “startup catalyst” functionality really only used on the ANY PAD launchpad? or do other Incubator also have the same applications?

CryptoFuel11:
Yes

Q6 from Telegram User @Highpee
In crypto, users are often advised to “Do Your own Research” before investing but you intend to make this easier for investors by only providing investors with carefully vetted, and reviewed early-stage projects. What are the procedure to onboard projects and what do you look at when vetting projects that want to feature on your launchpad so as to ensure they are legitimate projects that won’t pose risk to investors post-sale after raising their needed fund? Do you consider anonymous projects or are projects team KYCed and required to submit information such as audit report, funding, team token and post-sale liquidity details before they get enlisted for sale?

DecryptoPal:
Well, to be honest most of the incubator will provide the same service.

But since we are aiming to be a blockchain independent project, our advantage is that any project can be incubated by us, irrespective of the blockchain architecture.

CryptoFuel11:
As already mentioned:

A brief about our vetting process:

  1. Team motivation – why do they want to start this project
  2. Audit and KYC – all projects need to perform KYC (not with us, but with professional KYC service) and code need to be audited.
  3. LP and funding – if the team prefer to stay anon, we will hold the LP token, and also partial funding until they reach certain key milestones.

DecryptoPal:
Exnetwork capital is the biggest name in our list. We got all the resources to make it work 🙂

CryptoFuel11:
All in all, we do our best to pick projects that are legit – as much as we can. Not finding excuses, but as we all know – 90 percent of startups (not only in blockchain sector) will not be able to survive after 1 year. So, investors must take these into consideration always.

Relentless execution is our core value

Gold Rocket | Satoshi Club:
By the way, share with us your tokenomics please😊

DecryptoPal:
Hell, yeah. Thanks for taking up the next question.

Sure.

Our total supply is 1,000,000,000
We will be launching with a less than 500k MC.

Let me share an overview:)

Andrés M. | Satoshi Club:
Good numbers

Part 2 — live questions from the Telegram community

Q1 from Telegram user @shohan1244
I see your project has several partnerships but who are the main partnership?

DecryptoPal:
We are being incubated by Exnetwork Capital. Eric also holds an advisory position in Anypad.
We have partnered with M6, Psquare capital, and Polkarare as well.
There are various strategic benefits, and it’s smart to learn from people who have already made their way higher up into the crypto community.

We aim to get huge support 🙌 from all our partners.

Q2 from Telegram user @doithay1617
Anypad will also focus on incubating the best meme coins & micro-cap projects, why will Anypad focus on micro-cap projects instead of large-cap projects?

Harsha Vardhan:
Our first priority is on Microcap projects which have strong fundamentals & good teams and also not greedy in making money.

However large-cap project which is good with fundamentals, we also consider them.

Q3 from Telegram user @JoxesXIII
Expanding into HECO is quite daring, however, do you think more blockchains could be the home of AnyPad in the long run?

CryptoFuel11:
As already mentioned the possibilities and functionalities HECO chain offers. Yes, we know it’s daring but we wanted to be the first and we are working to be the best. Surely we will be having an announcement about our next partnerships and integrations. As of now…just wait and watch…

Q4 from Telegram user @Amila19932
You have mentioned that “We will be launching with a less than 500k MC.” What is meant by this? Are you going to keep other half with the team?

DecryptoPal:
No no, it doesn’t mean that. Launching with a low micro-cap means there would be ample space for us to grow.

We are aiming to provide value to our investors and early holders as well.

Saying from purely speculative basis, and dyor, at 100x after TGE, we would be sitting at a 50 mil MC, that is very much doable for a project like us 😉

Q5 from Telegram user @mobilejii
Hello✅✅ what is the minimum $APAD should I hold to get allocation of private pool? what are the different tiers available?

CryptoFuel11:
We already discussed the 3 pools. Tiers information will be shared so please follow us and don’t miss out on any of our official announcements. By the way, we start our tiers from 1000 APAD…Just a hint…

Q6 from Telegram user @Pratze
There is one thing that make me curious, I found that one of special feature from Anypad your project using “Agile methodology with Six Sigma quality level”, actually i never hear about this, could you please explain how does this system work? And what is the benefit for the user?

DecryptoPal:
This is very common in the IT industry, from where we have come from.

Actually, in laymen’s terms, it is a development principle, that says that more important work needs to be finished first. It’s like assigning priority to tasks rather than having a list of tasks.

You know how fast the crypto space changes, this will help us in getting ahead of our competition and deliver promptly to our community.

Q7 from Telegram user @veryCrypto
What makes you stand alone from others @DecryptoPal ?

DecryptoPal:
1) Blockchain-agnostic Launchpad ecosystem.
2) Specializes in micro-cap project launch.
3) Fair allocation policy with value projects.
4) Community building approach.
5) Low market cap at TGE.
6) Our MVP is 100% ready & we are live on BSC & Heco Chain.
7) Lower risk profile as there is no single point of failure.
8) Project development using Agile methodology with Six Sigma quality level.
9) Hardworking cohesive team with good experience of industry and driven to provide constant value to the holders.
10) Educating and creating awareness about blockchain thereby enabling and impacting industry as a whole.

Q8 from Telegram user @DK177
Is $APAD airdrop still running? How can we participate in that? Do you launch more airdrop rounds in the near future? How do you announce them?

CryptoFuel11:
Great you asked …Please follow the below post.

Q9 from Telegram user @Strawberry1999
Investors need to fully consider the market volatility we are in right now. With this in mind, who is which target group of the audience are you after?

DecryptoPal:
As an IDO platform, we are targetting 2-sided markets: Investors and startups.

Investors: We focus on retail investors who have no easy access to private/early seed investment.

Startups: We focus on micro-cap startups, who are in need to have the first seed funding to kick start their startup.

Q10 from Telegram user @Smartling
What purpose/impact does locking the 3% of each transaction serve?

DecryptoPal:
It serves a dual purpose sir.

1) Less bot action
2) Rising price floor

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Anypad. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Anypad Telegram community: https://t.me/anypad_chat
Twitter: https://twitter.com/AnyPadio?s=09
Website: https://anypad.io

LPI Dao (Blockwiz) x Satoshi Club AMA Recap from the 30th of June

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 LPI Dao (Blockwiz) and our guests were @Cryptique007, @ApeFirst and @MisterWyt. The AMA took place on the 30th of June.

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 LPI Dao (Blockwiz)! Welcome to Satoshi Club😀

D. | Satoshi Club: Today our guests – @Cryptique007, @ApeFirst and @MisterWyt!
Welcome to the club guys! Happy to have you here.

Solly [Will Never DM First]: Hi there happy to be here today.

Mr White @LPI DAO: Hi, thanks for hosting our team.

Mary | Satoshi Club: Hello, welcome to Satoshi Club 👏 How are you, guys?😃

Mr White @LPI DAO: Very well thank you and how are you doing?

Solly [Will Never DM First]: We are doing great we hope the entire community is having an awesome Wednesday.

D. | Satoshi Club: Great! thanks 😊

Mary | Satoshi Club: We are great and happy to welcome you all here!🚀
And I see that we are ready for the introduction part🔥
Could you please introduce yourself and tell us more about LPI Dao (Blockwiz)😃

Mr White @LPI DAO: Yes I will start and then we can move on to the background of LPI.

Mary | Satoshi Club: Sure!

Mr White @LPI DAO: Prior to getting involved in crypto, I worked with publishing and media outlets and had a deep interest in stock trading, which I had been involved in for many years. It was this interest that then led me towards the crypto environment. I am the project leader at LPI having pitched the idea to the team members and followed through with it assuming a leadership role within the project.

Solly [Will Never DM First]: About the project: Our team has diverse experience ranging from financial investment, crypto fund management, marketing professionals, and DeFi expertise. A couple of our team members have been involved in the crypto space for over 5 years.

Identifying the importance of getting into projects at the earliest stage has been the driving force behind the team’s search for new and upcoming projects to invest in. With the introduction of ICO’s in early 2017, the team had identified this as the gateway to early investments. Later when the ICO buzz subsided it evolved into what is know as IEO’s and this changed the way initial investments were conducted as it had shifted towards a more centralized platform that would be out of reach for many projects and investors. The rise of DeFi in 2020 brought about a revolution to fundraising with the introduction of IDO’s and launchpads, offering investors a decentralized solution.

Mary | Satoshi Club: I see stock trading often precedes crypto😃

Mr White @LPI DAO: Yes that is actually what peaked my interest in crypto.

Solly [Will Never DM First]: The team members in their individual capacities spent great amounts of time and money investing in IDO’s and various launchpads. Despite seeing great returns they were soon met with hurdles that limited their ability to gain early access to the best and most promising upcoming projects. This was due to the Launchpad market growing exponentially and led to projects being spread over a variety of launchpads each requiring their own stipulated access tokens.

As a group of investors who frequently communicated and exchanged ideas, the idea for LPI was formulated. The idea of a launchpad index fund would serve as a solution to the pain points of investing in launchpads and accessing upcoming projects.

Mary | Satoshi Club: Yes, it’s not perfect direction and i like that you want to improve the situation😃
How many team members do you currently have?

Solly [Will Never DM First]: At the moment we have 10 members.

Mary | Satoshi Club: It’s nice for the beginning 😃
Are you public?

Solly [Will Never DM First]: No the team is not public as in the DeFi environment projects with anonymous teams have become a norm for various reasons and this has been seen in some of the most prominent and revered projects. Due to the decentralized nature of the LPI project as well as safety reasons the team has chosen to remain partially anonymous.

Should the team be public there is a great possibility for the regulatory aspects of a centralized financial institution to be imposed on the team from various regulatory bodies around the globe, making it highly challenging or incredibly difficult to launch the project and operate the LPI fund. From a safety point of view, it places the team members at risk of cyber-attacks which in turn places the fund resources at greater risk. As a result of these considerations, the core team members will be kept anonymous while LPI will offer access to staff and direct contact through the LPI community and marketing managers.

Mary | Satoshi Club: Gotcha 👍

D. | Satoshi Club: Good and detailed answer, thanks.

Mary | Satoshi Club: Thank you for introduction, guys! Are you ready for the questions our community?😉

Solly [Will Never DM First]: We try to be clear in our approach ✌🏼😎

D. | Satoshi Club: Professional approach 👍

Q1 from Telegram user @messilolz:
LPI Listing Was to be done on 28th June but it has been rescheduled for unknown period. Market is always volatile in crypto and it cannot be controlled by any forces hence how can market volatility made it difficult to have an optimal IDO for LPI DAO. what are the current focus of your platform and what have you been working on? And what I believe investors should be allowed to vote for any postponed of listings done?

Solly [Will Never DM First]: Yes we planned to launch on the 28th of June, however due to the market volatility and pullback which is apparent to all.
The initial launch did not go as planned and therefore the LPI team has been working on various options in order to maximise the launch of LPI.
The team has been working on various partnerships with other project’s and are working amplifying the marketing campaigns.

Mary | Satoshi Club: Yes, a lot of projects postponed their launches or IDO🤷 when you’re planning to launch now?

D. | Satoshi Club: So you postponed your IDO? do you have any specific date for launch? or it fully will be depends on market state?

Solly [Will Never DM First]: @ApeFirst will be answering this question.

ApeFirst: Hello everyone, we hoping to have our launch in the second half of July if all goes well.

D. | Satoshi Club: Hey! welcome to Satoshi club! 😊 got it! so you will launch in July no matter what?

Mary | Satoshi Club: Hello, welcome here!
If you will see that bull market is over than you will wait several years till new bull run?😉

ApeFirst: Thanks! thats our plan.

Mary | Satoshi Club: Thank you for your answers! Ready to proceed?🚀

D. | Satoshi Club: We hope July will be much much better month for crypto than current one 😄

Solly [Will Never DM First]: Yes we may, 🚀 to the moon baby ✌🏼😎

Q2 from Telegram user @josewen:
Various launch pads are now available on various blockchain networks, and the platforms that facilitate IDO sales have seen a significant boost in growth. Demand for allowances, on the other hand, has created barriers to entry into the launch pad space. This is compounded by the fact that most tiers are typically overcrowded, leaving investors with much lower allocations than they bargained for. But really, what makes LPI DAO different? What are the essential and core features of LPI? Can I access and invest in multiple launch pads at the same time? How do they help increase investor profitability?

Solly [Will Never DM First]: Firstly I would like to clarify that LPI is not launchpad, but rather a launchpad index fund.

D. | Satoshi Club: Good clarification.

Solly [Will Never DM First]: While many haven’t thought of investing on networks other Ethereum or BSC mostly because of the technicalities or they are unaware of the many blockchains available in the crypto ecosystem, the LPI Fund will continuously be conducting in-depth analysis on all the new and upcoming launchpads on the various blockchains in search of the best launchpads to invest in. These analyses can be found on the LPI site under the Analysis page.

LPI aims to identify all the pain points of accessing launchpads and participating in IDO’s on different platforms and networks which we have identified as; high cost to access launchpads, low allocations for lower tiers, whitelists/ lottery entries, lack of time, knowledge, and technicalities of the platforms and especially accessing platforms on unfamiliar networks to the investor, staking lock-up periods and a host of other smaller issues faced by individuals. LPI solve these issue by employing the team’s expertise and years of experience in the crypto environment to do the investing in all the best launchpads at the highest tier levels and offering investors the benefit of earning from a profit share in the fund’s success.

Mary | Satoshi Club: You already have some analysts?😃

Solly [Will Never DM First]: Yes we have done analysis, all the analysis can be found on our website LPI.finance.

Mary | Satoshi Club: We will definitely check this👍

D. | Satoshi Club: Can we think about LPI as an aggregator of launchpads?

Solly [Will Never DM First]: No, it is an investment fund that primarily invests in launchpads and IDOs.

D. | Satoshi Club: Got it 👌

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?😃

Q3 from Telegram user @DK177
You have indicated $LPI is community driven. It means there is not a company structure behind your project. Why did you choose that model? Did you examine the challenges related to community driven tokens and do have plans to overcome them? By the way, in your revenue allocation, 5% of the amount was allocated for administration and 5% for marketing. There is a 2% allocation for asset management. If $LPI is community driven, how these allocated funds will be utilized? Who render the services related to administration, marketing and management? Since the whole community cannot participate in these activities, are there any representatives and are they spending relevant allocations for above purposes? If so, why you call $LPI a community driven token?

Solly [Will Never DM First]: @ApeFirst over to you ✌🏼😎

ApeFirst: We have chosen the DAO model so the community has an opportunity to voice their opinion through voting, the team will put forward suggestions which the community will have a chance to vote or the comunity can bring up their own suggestions. This is how we will overcome thos challenges. The team is administering the project at the moment and the marketing and management has been outsourced, in the future we hope community teams can rise up to take such positions.

D. | Satoshi Club: How voting process will be look like?

ApeFirst: We will be utilizing Snapshot, which is an offchain, gassless voting tool used by many DeFi communies.

D. | Satoshi Club: Ok, nice choice.

Mary | Satoshi Club: Do you have any articles or another materials which explain how your DAO model works? How you will incentive your community to participate in this DAO model?

Solly [Will Never DM First]: Yes it can be found on our medium.
Link to follow:

Mr White @LPI DAO: https://lpi-dao.medium.com/lpi-dao-governance-d10f789138f9

D. | Satoshi Club: Perfect 👍

Mary | Satoshi Club: Thank you, guys! Ready to jump to the next question?

Q4 from Telegram user @Arisabela:
You mention on your website that there will be mechanisms utilized for holders of LPI token to gain additional benefit aside from the appreciation of the base value of the token but these implementations will be realized once the fund reached a determined threshold, so there’s nothing specific yet that we can know? What kind of mechanisms are you planning to develop and what is the target of the fund to be reached?

Solly [Will Never DM First]: We have released articles relating to the threshold and rewards. These aspects are outlined including the launchpads earmarked for potential investment.
Articles to be dropped ✌🏼😎

Mr White @LPI DAO: https://lpi-dao.medium.com/lpi-dao-threshold-85537702c063
https://lpi-dao.medium.com/lpi-dao-rewards-program-84816684df75

Mary | Satoshi Club: Nice mechanism! Will your investments be done only from funds which you will collect through IDO?

Solly [Will Never DM First]: Yes these investments will be done from the LPI IDO and once the fund is up and running investments into more projects and dollar cost averaging will be employed from IDO sale revenue.

D. | Satoshi Club: Will you have any vesting period for investors from IDO? what percentage of tokens will be in circulation at the start?

Solly [Will Never DM First]: Yes it can be viewed in our tokenomics will drop an image with this information ✌🏼😎

Mr White @LPI DAO:

D. | Satoshi Club: Thanks! 👍

Mr White @LPI DAO: Vesting periods are listed in the tokenomics.

Mary | Satoshi Club: Thank you, guys! Ready to go to the next question?🔥

Solly [Will Never DM First]: Yes 🙌

Q5 from Telegram user @antoni_azx:
There’s an option on your platform for making re-investments, can you tell us what are the requirements to be a candidate for accessing the part of the revenues that can be used for re-invest? Will the whole system work exclusively with LPI tokens or will be other tokens included?

Solly [Will Never DM First]: Ok so to explain the re-investment it’s part of the funds investment strategy which entails re-investment of the funds IDO sales revenue.

Mary | Satoshi Club: Can you explain on the example 😃

Mr White @LPI DAO: When the fund invests into different IDO’s and newly launched projects, a percentage of the revenue earned from these investments will be allocated for re-investment. While some of the other allocations of the revenue will be community rewards for profit share, fund expenses, marketing, etc as can be viewed on the LPI website with detailed percentages of each allocation.
I hope this answers your question.

Mary | Satoshi Club: What I will need to do to join your find? Only hold LPI tokens? Or I will need to register on your platform?
Sure, it’s clear💃

Mr White @LPI DAO: Buying into the project is simple, you just have to buy the LPI tokens, although reward distribution will be done through staking pools.

D. | Satoshi Club: Thank you! let’s move on to the last question from this part 😉

Q6 from Telegram user @meml97:
Scams and rugpull projects can trick sometimes even the most veteran investors on the market. So, my question would be then, what security and authentication methods will LPI DAO have to ensure that it will never invest on a scam project and lead users to them? Also, if hypotetically speaking, the time comes when you invest on a Launchpad that ended up being a rugpull, do you have any kind of anti-scam protection for your users and funds?

Mr White @LPI DAO: As a precautionary measure to avoiding scams and rug-pulls the team will be doing due diligence on all project and analyzing the launchpads before investing. The fund will be very selective with regards to the launchpads it chooses to invest in. Initially the fund will only be investing in the most prominent and top tier launchpads.

The Team will be working towards creating partnerships with insurance protocols, in order to offer investors an option to insure their investment. As we are all aware that anyone could get caught in a scam or rug-pull no matter your experience or expertise. this will serve as a protection mechanism and minimize the risk.

Mary | Satoshi Club: That’s great! Btw, what about LPI security? Do you have any audits done?😃

Mr White @LPI DAO: Our contract was recently deployed and is currently being audited. These audits will be live on our site in a few days, once we receive it from the auditors. The fund will also be releasing financial statements and having external audits conducted annually.

Mary | Satoshi Club: Awesome news! We will be waiting for updates from you! And now live part is knocking at the door 😉
Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Guandog: It is known that the LAUNCHPAD in POLYGON, SOLANA and CARDANO are beginning to emerge and I predict that they will be very popular in the medium term, does LPIDAO also plan to expand to these blockchains at some point?

Solly [Will Never DM First]: Yes LPI DAO does plan on expanding across the entire crypto sphere. Including Polygon, Solana and Cardano.

Q2 from Telegram user @KASG95: You say that LPI DAO offers an investment opportunity “unique to the market”, but really there is no competitor in its class? If so, why haven’t other projects developed a similar platform if they make big profits? or is it very risky?

Mr White @LPI DAO: We have not uncounted any competition as of yet and are the 1st to offer a project of this nature. Our understanding from experience of working through our research and development tells us there is a huge cost to starting a project like this and a lot of technicalities that need to be considered. Also structuring partnerships with launchpads is a challenging task.

Q3 from Telegram user @slla1112: LPI is built on the ETH network. Will you have improvements to use other networks (BSC etc) in the future?

Solly [Will Never DM First]: Yes other networks are already being implemented. We having an IDO lined up on the BSC network which will bridge the LPI token.

Q4 from Telegram user @Kowshik22: How can I participate in your IDO

Solly [Will Never DM First]: The details the sale on the bsc network will be released on all our socials.

Q5 from Telegram user @highpee: 🙋‍♂️Hello LPI, you clarified that you are not a LAUNCHPAD but a LAUNCHPAD INDEX FUND? Does this mean you will not be hosting any token sale on your platform? How will community members be able to invest in top tier and reputable projects? Who will be hosting the sale of these projects?

Mr White @LPI DAO: LPI is an investment fund which invest in launchpads on behalf of all the holders of $LPI tokens at the highest tier in order to get private allocations and large allocations for maximized profit. This profit will then be distributed between the $LPI holders.

Q6 from Telegram user @xperia3: Hi! 💹 NFT is still a hype and after some new features such as NFT farming and NFT staking, a few launchpad projects started to support NFT launch in their system. Do LPI Dao also have a plan like this? Do you plan to implement NFT and maybe use NFT as a rewarding system in LPI Dao?

Mr White @LPI DAO: Yes this is correct it can also be viewed on our roadmap, LPI has the intention and plans to integrate NFT’s as a reward mechanism and to promote the buy back and burn of LPI tokens through the sale and auction of value backed NFT’s.

Q7 from Telegram user @K2ice: What is the minimum amount of LPI tokens that I need to buy and hold to be able to buy into the project?

Mr White @LPI DAO: There is no minimum amount required to earn from the profit share although your token holdings will determine your share in the profit.

Q8 from Telegram user @Gutike95: You say that the failure or devaluation of 1 Launchpad will not be detrimental to the fund, since the success of the others will act as a countermeasure to mitigate this threat, but you will really do a pre-project study to minimize the risks of make the IDO a failure?

Solly [Will Never DM First]: Yes we will study every Ido. This will determine whether the Ido is a long term prospect which presents greater value to the community or if it’s peak will be reached early and cashing out would benefit the fund through re-investment.

Q9 from Telegram user @obulin: 👋👋👋 Hello LPI Dao (Blockwiz) Team 🔥Wish you a great success in your project🔥Do you have any plans on staking on different networks after the IDO launch?

Mr White @LPI DAO: Yes we have plans for this as the LPI token will be on 3 different networks ETH, BSC and Polygon therefore staking for all will be made available.

Q10 from Telegram user @adaatalay: What is different in LPI? What advantages do I get as a $LPI holder in the short and long term?

Solly [Will Never DM First]: In the short term there will be high APY Staking and in the long term you will be earning from the rewards program as well as the scaling of launchpads.

Part 3 – Quiz Results

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

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

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

Our partners:
LPI Dao (Blockwiz) Website – lpi.finance
LPI Dao (Blockwiz) Telegram – @LpiDaoOfficial

Radix x Satoshi Club AMA Recap from 30th of June

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 Radix and our guest was @piersr – representative of Radix. The AMA took place on 30th of June.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Radix! Welcome to Satoshi Club😀

@piersr welcome to Satoshi Club 😉

Piers from Radix:
Hey guys!

Great to be here.

Mary | Satoshi Club:
We are happy to welcome Radix project here👏

How are you today?

Paul Mont | Satoshi Club:
Welcome, great to have you here! 😉

Piers from Radix:
Very good!

How are you?

Mary | Satoshi Club:
Awesome! Let’s start our AMA than👏

Paul Mont | Satoshi Club:
We’re super excited to hear anything about Radix 🙂

Mary | Satoshi Club:
We will start it with introduction 😀

Piers from Radix:
Awesome, let’s do it.

Paul Mont | Satoshi Club:
So, please tell us more about yourself – your past experiences/background and also how did Radix come to life.

Piers from Radix:
I’m Piers Ridyard. I’ve been CEO of Radix for almost four years now. Before that, I founded a decentralized insurance startup called Surematics that went through YCombinator. I’m also host of The DeFi Download, which is a podcast on all major podcast platforms (defidownload.com). If you’re interested in DeFi, please do check it out, we’ve had Aave, Ren, mStable and many others on.

Radix came to life before me – I joined the project in 2017, but Dan started working on the technology behind it way back in 2013, a year after he got into the Bitcoin community.

Mary | Satoshi Club:
Wow, that’s interesting, i will definitely visit it🔥 great background!

Piers from Radix:
I’ve been in crypto since 2015, but I’m a baby next to Dan 😆😆

Mary | Satoshi Club:
Ahaha😂

Paul Mont | Satoshi Club:
😁Yet this intro already exudes passion and hard-work 😉

Piers from Radix:
Radix came about because Dan realised that while the promise of blockchain was revolutionary, the technology did not live up to the hype. Fast forwards 8 years, and this is where Radix is today!

Done

Paul Mont | Satoshi Club:
I think that reading through all the various Radix whitepapers, I’ve only managed to scratch the surface of what Radix is about and how revolutionary it is gonna be in the cryptoverse 😁

Mary | Satoshi Club:
What Radix aims to bring to crypto?

Piers from Radix:
Haha, it’s all about those paper! Have you seen our new blog explainer series with infographics? It’s pretty awesome and very readable

https://www.radixdlt.com/post/cerberus-infographic-series-chapter-i

Start here, and enjoy!

Cool, good question

Paul Mont | Satoshi Club:
Yes, and it is great and very enjoyable! Thank you very much for sharing! I’d recommend anyone to read through it, it’s definitely worth one’s while. Radix is definitely on the edge of tech! 😉

Mary | Satoshi Club:
I see you were in DeFi before it became mainstream 😀

Piers from Radix:
Wasn’t called DeFi back then.

I need a t-shirt that says “In DeFi before it was cool”

😆😆

Radix is a layer 1 protocol. That means it’s the base layer where data, tokens and smart contracts live. Decentralised applications (or dApps) such as Uniswap can then be built out of those components. Ethereum for example is a layer 1 protocol.

Unlike Ethereum, Radix is a layer 1 protocol built specifically to serve DeFi, we like to say it is layer 1 DeFi done right. This is because Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.

Mary | Satoshi Club:
😂 perfect t-shirt

Paul Mont | Satoshi Club:
😂

Piers from Radix:
There are three huge problems in the DeFi space right now.

  1. DeFi developers spend up to 90% of their time securing their smart contract code rather than building functionality. Despite all this concentration on security there have been $285m worth of hacks to date!

Mary | Satoshi Club:
Do you want to tell that it won’t be possible to hack projects?😀

Piers from Radix:
Hahaha – I won’t go that far, but we make it MUCH easier to build and deploy secure code.

We have created our own smart contract language called Scrypto.

It has been developed as a result of spending a lot of time with DeFi developers, both from leading projects and from people just getting started.

Paul Mont | Satoshi Club:
I guess building on Ethereum right now is like writing on an empty sheet of paper. Great flexibility, but there are huge risks as well, at least in building froms scratch.

Mary | Satoshi Club:
Yes, we have question about this a bit later😉

Piers from Radix:
Yep, this is a great analogy

Or like climbing a mountain without a safety rope

Just not a good idea.

Mary | Satoshi Club:
90% won’t reach it😂

Piers from Radix:
The second massive issue in DeFi right now is a hidden one – the DeFi ecosystem is built on open source code, but many open source developers don’t benefit from contributing to the community unless they build their own projects. This slows innovation and collaboration and means the space doesn’t move as fast as it should, or have as much talent as it should.

From interviews with leading projects, one of the biggest problems in Ethereum right now is Solidity talent. That is partially related to Solidity just being TERRIBLE, but also to this issue as well.

Lastly, we all know the issue of gas fees.

Mary | Satoshi Club:
But others benefit😉

Piers from Radix:
Right.

Which is fine and good.

But there are ways to make sure both do.

Paul Mont | Satoshi Club:
Yeah, that’s sort of a free-riding issue 😅 Besides, developing can be rewarding, but would be cool if it would also economically incentivized properly 🙂

Mary | Satoshi Club:
Piers, thank you for your intro! After reading it i am even more excited to hear your answers to the questions from our community which we choose for the first part of our AMA 😀

Are you ready to start?🚀

Paul Mont | Satoshi Club:
Let’s get on with the community questions and flesh out all the awesomeness about the project 😉

Piers from Radix:
Radix addresses each of these issues in the following ways:

  1. A purpose-built DeFi programming environment that will enable fast AND secure development. This makes sure Developers on Radix can build fast & don’t break things.
  2. A system of on-ledger royalties that will reward those that contribute dApp code to the ecosystem. This rewards everyone that makes the ecosystem better, even if they don’t build entire dApps.
  3. A consensus algorithm that will provide unlimited scalability without breaking DeFi composability. Enabling scalability without friction.

Done.

Hit me with dem community questions.

Paul Mont | Satoshi Club:
Haha let’s go! 😁🚀

Q1 from Telegram user @giovannialc
I understand that RADIX is a project that wants to dedicate a problem worldwide using the DeFi as a primary method and to a market that can be carried many in a more secure way, of course this would be future plans since the capital of DeFi e is very Little and only enough for a certain part, taking into account that the DeFi have grown rapidly so far this year and if all goes well in two years maximum it would already cover the 75 billion dollars of 0.05% of the world’s GDP, They give many benefits, how do you plan to solve this problem, what methods do you plan to use to bring DeFi to all possible users and thus provide a fairer economy for all? What led them to work based on the main problems of the world economy that only few benefit because of the banking systems that have many barriers that do not allow many users to invest or only obtain profits?

Piers from Radix:
Oooooohhhh ok. I could talk for hours about many aspects of this, so I will try and keep this nice and tight!

Our philosophy on this is actually pretty simple to explain.

The internet changed the game for the competition for attention.

It went from a local competition to a global one.

Suddenly anyone could start a website and compete for attention of anyone in the world.

This lowered the barrier to entry and massively increased consumer choice and consumer utility.

It ended up creating companies like Facebook and Google and Instagram and Whatsapp.

Right now, we stand at the cusp of a new era of competition – the competition for capital.

What Radix does is it lowers the barrier to entry for anyone in the world to compete for anyone’s capital.

DeFi breaks down barriers for users, and for developers. Suddenly you don’t need millions and millions to create a company like Robinhood or Lemonaide, you can do it from your university dorm or your bedroom.

Mary | Satoshi Club:
But i will need to have basic skills to create Mary DeFi?😂

Piers from Radix:
Hahaha

Paul Mont | Satoshi Club:
I like the sound of it 😂

Piers from Radix:
We can teach you, no problem.

Mary coin incoming.

Paul Mont | Satoshi Club:
Hahaha give me some 😁😂

Mary | Satoshi Club:
You will or already have educational programs?😀

Piers from Radix:
Ahhh, maybe.

Not yet.

No comment?

😀

This competition for global capital is going to RADICALLY reshape global finance. It will make it better, more accessible. That is how DeFi will eat the world of finance. That is what we built Radix to do.

Done.

Mary | Satoshi Club:
Can’t wait to try🚀

I will be in the first row😂

Paul Mont | Satoshi Club:
Crystal clear, I think @giovannialc will be very satisfited by your answer 😉

Piers from Radix:
Thank you for your question @giovannialc

Mary | Satoshi Club:
And next question incoming 😉

Piers from Radix:
Hit me

Q2 from Telegram user @meml97
I read that Radix has it’s token; XRD, but also has another version of it’s token called eXRD, which it’s main function is to allow users to move quickly between Ethereum and Radix. But, is this the only use case for eXRD or are there any other use cases for it? Why you just didn’t have one token capable of providing this quickness for users? Also, it made me curious, if you have this token for a quick moving between ETH and Radix, if later on Radix’s services are available on other blockchains, will you have other variants of XRD, such as a BEP-2O for BSC, for example?

Piers from Radix:
I’m READY

Ha! Great question. So, we launched the eXRD back in November of 2020. This was launched to make sure that we had a great distribution of decentralized stakers for when the mainnet went live – so the first purpose was that of building decentralization of the network before it went live.

Piers from Radix:
When the network goes live on the 28th of July, it will pass into it’s second purpose: a bridge between Ethereum and Radix. This means you can think of eXRD like wBTC on Ethereum. It is wrapped XRD on Ethereum, letting anyone who owns Radix tokens to use both DeFi on Ethereum and DeFi on Radix when people start building DeFi applications in the Radix Ecosystem.

Mary | Satoshi Club:
Did you have IDO or in which way distribution were done?

Piers from Radix:
We did a straight token sale.

Lots of reasons for that, most of them boring and legal in nature.

Mary | Satoshi Club:
Easy and clear😀

Paul Mont | Satoshi Club:
28th of July, that’s less than 30 days! The mainnet launch is upon us! 😉

Piers from Radix:
IT’S COMING!!

Hahaha

In answer to the last part of the question.

Yes, we expect that the XRD will end up appearing on a lot of networks, BSC and others. We also have build Instabridge to make sure that all tokens on other networks can also be brought onto the Radix network.

Instabridge is our cross-ledger bridging service and it goes live with eXRD -> XRD when the network goes live (or shortly after). We will be adding more tokens and more networks over the next few months after that.

All very exciting.

Done.

Paul Mont | Satoshi Club:
Which will be XRD’s main features and where is it possible to buy eXRD currently?

Mary | Satoshi Club:
How will bridge work? And of course how fast it will be?

Piers from Radix:
Basic features of the XRD:

  1. Used to pay for transactions, operations, deployments and DeFi on Radix
  2. Used to stake on Radix to earn staking rewards (300m XRD per year available to stakers)
  3. 100% of fees are burnt

Main places to buy right now are Kucoin, Bitfinex, Gate.io, MXC and Uniswap. For the full list go here: go.radixdlt.com/RadixWebsite and click “buy tokens” at the top

Mary | Satoshi Club:
Nice exchanges 😀 i won’t ask wen binance😂

Piers from Radix:
Our first bridge is a centralised service, with trustless bridging coming later (as that takes more development and testing and adding new ledgers and tokens quickly is much harder). It will take about 10 minutes to get between Ethereum and Radix, depending on Ethereum congestion

Done

Mary | Satoshi Club:
Good speed! Which assets we will be able to bridge?😀 Only XRD?

Piers from Radix:
Starts with eXRD -> XRD. We’ll be looking to add all ERC20 tokens, and BTC as soon as we can after that. We’ll then start looking at other chains like BSC as well. It would also then allow you to move between each of those chains directly. Also considering making a faster Polygon bridge but that will take a bit more time to sort out.

Mary | Satoshi Club:
Perfect 💞

Thank you for your answers! Third question is near😉 ready?

Piers from Radix:
Gooooooooooooo

Paul Mont | Satoshi Club:
Question number 3 champing at the bit 😉

Q3 from Telegram user @Highpee
Radix has identified 3 major problems facing the current Defi set up which is currently being championed by Ethereum. The first is that solidity developers spends over 85% of their time securing code rather than developing functionality, the second is the less collaborative innovation due to community developers not adequately compensated and the third is unfriendly gas that limit blockchain adoption by an average user. How is Radix designed to be the perfect blockchain that will address these three challenges? How “Scrypto” (your own Defi programming language) better than solidity? How will you be able to achieve all these without breaking composability which is often the case with solutions that is built to tackle scalability?

Piers from Radix:
This person has done their research!

Absolutely spot on. To quote myself earlier (because I’m clearly telepathic):

Radix solves these three issues by delivering:

  1. A purpose built DeFi programming environment that will enable fast AND secure development. This makes sure Developers on Radix can build fast & don’t break things.
  2. A system of on-ledger royalties that will reward those that contribute dApp code to the ecosystem. This rewards everyone that makes the ecosystem better, even if they don’t build entire dApps.
  3. A consensus algorithm that will provide unlimited scalability without breaking DeFi composability. Enabling scalabilty without friction.

Paul Mont | Satoshi Club:
@highpee is a masterful researcher and esteemed community member 😉

Piers from Radix:
This makes Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.

I know I said that too before, but man, I cannot say it enough 😆\

Ok, so scrypto.

We haven’t actually released that much information about scrypto yet – it has merely been teased a lot

That will be released towards the end of this year, and the full details will be out then. However! I will say this.

Paul Mont | Satoshi Club:
(drum roll from me) We love anticipations and preview info here at Satoshi Club 🤍

Piers from Radix:
Solidity was inspired by Javascript because Ethereum wanted to make it easy to pick up and use for anything. They didn’t know what blockchains would be used for so they picked a language to be simple for a large audience to get to grips with.

However, if you asked a developer building a finance company back end to build it in Javascript, they would literally beat you to death with a keyboard

(matt black, RGB of course)

Mary | Satoshi Club:
Does that fact that you will have your own language mean that developers will need to undergo a certain retraining? How easy it will be?

Paul Mont | Satoshi Club:
😂😂

Mary | Satoshi Club:
Lol😂

Paul Mont | Satoshi Club:
Black is meaner indeed 😂

Piers from Radix:
Yes, it absolutely does. We use the Rust methodology of language design and delivery. Rust is pretty easy to pick up, but it has a very VERY picky compiler. Basically, if you do anything the language thinks is stupid or will throw and error, the language won’t even compile. This means that loads of issues are picked up in what is called “compile time”.

On scrypto, we applied the same principles, but to DeFi development. This means that if your code has some sort of error or common mistake (like recursion errors) it won’t even compile. This is like a guardian angel looking over your shoulder.

So, yes, you have to learn a new language. But I promise any developer that after they have built with Scrypto they would NEVER want to go back to Solidity.

Mary | Satoshi Club:
Oh, that’s a dream😂 you will leave hackers without their lobsters😂

Piers from Radix:
The last part of this question – not breaking composibility

Mary | Satoshi Club:
Thank you for your answers, Piers! What about next question?😉

Continue, please 😀

Piers from Radix:
I’m going to say that this is a VERY long and pretty complex answer. At a high level, it is essential to DeFi. If anyone wants to go deeper, then this is the starting point to understand how we achieve this in depth: http://go.radixdlt.com/Satoshi

Let’s do it!

Paul Mont | Satoshi Club:
Byzantine Fault Tolerance is indeed a key topic when it comes to scalability and sharding 😉

Piers from Radix:
Good ol BFT and those silly generals

Paul Mont | Satoshi Club:
They gotta communicate better and get along 😂

Piers from Radix:
Mobile phones.

That’s what they were missing.

Paul Mont | Satoshi Club:
Haha yes😂😂

Ok, let’s go for question 4!

Piers from Radix:
Hit me.

Q4 from Telegram user @DK177
Olympia Mainnet Lanching is on 28th of July. In your medium, you have indicated that the Radix Desktop Wallet will be included in this release. Although you have said you have a higher degree of confidence on its security and reliability, that statement does not suffice for the community. Do you have any insurance partners? Did you conduct any audits? Where can we see some audit reports if available? Do you take the responsibility about the funds we keep in Radix Desktop Wallets? Why did you choose this particular wallet?

Piers from Radix:
Why did we choose this particular wallet? I mean, we built it! Haha.

Paul Mont | Satoshi Club:
Haha easy-peasy 😁

Piers from Radix:
The wallet itself is built using headerless chromium – for anyone not familiar with it, it is the core of the Chrome web browser. That comes with a bunch of great tools around things best security practices for storing private keys locally etc

Then in addition we are working on the final stages of getting the Ledger Nano S integrated with the desktop wallet, so that people can use an external hardware wallet if they wish to for extra security.

Mary | Satoshi Club:
What about mobile wallet? Will you have it?

Nice move👍

Piers from Radix:
Not to start off with, not, all desktop while we test out things like mainnet staking. Launching too many wallets simultaneously is not really a good idea for a bunch of reasons.

As is pretty normal for the space, we do not take responsibility for funds kept on third party devices, all software is open source and provided “as is” under the normal set of open source licenses. We are doing everything we can to make sure that people can hold their own crypto securely, but at the end of the day, crypto is still very much down to your own security.

Mary | Satoshi Club:
True, you’re doing everything step by step

Piers from Radix:
We are looking at ways of substantially improving this in future iterations of the Radix wallet, and future functionality on the ledger itself to make things like wallet recovery easier and more intuative

But one step at a time

Done

Mary | Satoshi Club:
Thank you for your clear and detailed answers! Ready to proceed?🎉

Piers from Radix:
Yep

Paul Mont | Satoshi Club:
Ok, I feel next question is a nice segue to your previous explanation regarding Scrypto 🙂

Q5 from Telegram user @SotiY97
On your white paper you say that “The Component Catalog and Developer Royalties provide the foundations of a fully decentralized marketplace for Component development”, and related to this I read that developers of Components may freely set their own per-transaction royalties and that they will be enforced by the Radix protocol. What benefits for the users of your platform will be generated thanks to this feature that allows component developers to set their own per-transaction royalties, and in what way RADIX DLT intends to enforce this per-transaction royalties in order to provide more benefits to the independent developers who participate in this magnificent project?

Paul Mont | Satoshi Club:
Now, if I were a developer I would be paying CLOSE attention to the answer to this question 😉😁

Piers from Radix:
GREAT question!

As with all great questions, not a simple answer, but I will do my best

Mary | Satoshi Club:
As always 👍

Piers from Radix:
The basic principle of the on-ledger code library and the on-ledger royalty system is to create a market place between developers and DeFi project builders. Because Radix is a permissionless open source system, we have no way of granting any one piece of code a monopoly on any given function.

So if you created a great little Uniswap clone and I created a great little Uniswap clone, and we both put it into the Component Catalog, we may both get business, or neither of us might get business.

This comes down to the market demand for what you have built and the prices you have set for the royalties

All of these are set by the developer when they add a Component to the Catalog.

Mary | Satoshi Club:
Perfect system. If i will ask you which weak sides Radix has, will you answer?😂 Or i will rephrase – what you think you need to improve more?

Piers from Radix:
The royalties themselves are enforced at the protocol level. This means that they actually become part of the transactional charging structure when calling a component as a user, or instantiating it as a developer, it just looks like part of the transactional charge for use. This means that they cannot be got around once a component has been put up – if you want to use that component, you have to pay the fees. If you don’t, free market applies.

Hahaha – be live?

Mary | Satoshi Club:
🤷😂

Paul Mont | Satoshi Club:
Sounds quite the task haha 😁

By the way, can components be then modified later on?

Let’s say I need a component for, hmmm, my bycicle, like the break. I decide to use a particular component, but can I change the adapt the component code for my purposes?

Piers from Radix:
Yes, but not in the way you are thinking. The on-ledger library is very much like github, meaning that if you push an update, that is an available merge, but each person that has integrated the component has the option to upgrade the component or not.

You can change any component code for your purpose.

But you can never force a change on anyone else at any point.

This is to prevent people doing things like hiking fees or introducing back doors or anything like that.

Paul Mont | Satoshi Club:
I love this modular design. I think also leads to more standardized code that can definitely reduce the risk of possible flaws as well 🔥

Piers from Radix:
Yea, that is definitely the idea.

Git is such a wonderful tool for coding development and deployment, this takes all the great things about git and adds attribution and royalties.

Paul Mont | Satoshi Club:
Can’t help but agree! 🔝

Great explanations, thank you very much Piers!

Piers from Radix:
Welcome!

Paul Mont | Satoshi Club:
Time to proceed with the last question for this first part of the AMA, are you ready to go? 😉

Piers from Radix:
Yes!

Q6 from Telegram user @victorogb
A part of the Radix ecosystem, is an initiative called the “GoodFi Alliance”, which is a shared mission towards the target of a 100 million DeFi users, founded by Radix and supported by notable projects like; Chainlink, Bepro, Oneiro, StakeHound and many more. Such initiatives are hugely significant especially with a seemingly volatile and turbulent DeFi space. With supporting a 100 million DeFi users, what critical help and assistance would the GoodFi Alliance provide, how can an investor particular join or get involved, and with such Alliance of notable DeFi projects what is the long-term solution of GoodFi to DeFi’s barriers and setbacks?

Piers from Radix:
Great question. We love GoodFi. We actually have a bunch of new parts to the website that we created over the last couple of months that will be going live soon and we are hoping will help newbies get started! The basic idea of this is to create a website with all of the resources you would want to give to your friend if they asked you “what is this DeFi thing and how do I get started”.

We created it because the whole DeFi space is currently very geared to insiders. It is difficult to understand, and VERY difficult not to end up making a mistake.

We wanted to build a safe space for those people that want to put their first dollar into DeFi and make sure that it wasn’t a frustrating and difficult experience to do so!

Long term – we want getting into DeFi as easily as opening an Instagram account. That’s a long way off, but I think the entire industry is alligned behind that goal. Only then does the industry start breaking into the mainstream!

Mary | Satoshi Club:
Actually, we still don’t have crypto universities and we really need such resources 👏

Piers from Radix:
Done.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @K2ice
For how long have the Olympia been on Betanet and what can you generally say about how the Olympia has been so far?

Piers from Radix:
Around two months. Betanet has been solid and we have been overall very happy with the results of the testing. Next network to come out is Stokenet, which is our persistent testnet, and that goes live this week! That is the full sandbox for any dev looking to test before they deploy against the mainnet.

Q2 from Telegram user @Shaa93
Notoros is level 2 of Radix right? What is the relationship between Notoros and Olympia launch mainnet?

Piers from Radix:
Haha, they call themselves level 1.5 😀 – their Solidity environment will be live on Olympia and will let anyone who wants to test out the Radix network speed and security, but use solidity, to do so. We love what they are doing. They are not team members, just some super-smart peeps from the Radix community.

Q3 from Telegram user @captainprice111
How will radix end the betanet and integrate into the Olympic system? What will happen to the wallets and private information of the users in betanet? will olympia, Alexandria, Babylon, Xi’an be interconnected?

Piers from Radix:
Betanet doesn’t integrate into the Mainnet, it is just a temporary test network that we have now taken down. Stokenet will be persistent but we will periodically re-set it and wipe the state to keep it light and easy to test against. Olympia, Alexandria, Babylon and Xi’an will all be state compatible with each other, meaning that anything you do on one network will always be carried though to the next.

Q4 from Telegram user @coinresearcher
The smart cotnract audit is very important on defi projects so with Radix will there be no need for smart contract audit if the system is so secure?

Piers from Radix:
Audits are always going to be necessary for any code that is expected to be dealing with large amounts of money. Scrypto does not remove the need to audit code, but it makes the audit process MUCH simpler and substantially reduces the cost of audits. The reason for this is quite technical, but essentially part of a audit is working out the ways that a smart contract might get into an error state. Since Scrypto compiles down and runs on the Radix Engine rather than the EVM, all code is run within a finite state machine. This is the same execution environment that is used within nuclear power station control systems – essentially it is MUCH more secure because it is much harder for the system to get into error states in the first place. Because of this, auditing Scrypto code should be a lot cheaper and a lot faster than auditing Solidity code. We still advise auditing though!

Q5 from Telegram user @andrey_seleznov
Radix is the first layer-one protocol specifically built to serve DeFi. Radix introduces a scalable, secure-by-design, composable platform with a DeFi centric development environment to make it easy to build and launch scalable DeFi products. Could you explain the secure-by-design part please? What unique functionality and algorithms have you created that make the Radix blockchain so secure? How secure is it exactly by the way, as we know it is alway possible to break something just may be economically not feasible. Thank you!

Piers from Radix:
The Radix consensus algorithm is called “Cerberus” – we have done a load of very deep theoretical work on proving that we can deliver atomic composability without breaking linear scalability – including doing a bunch of research work with the consensus and blockchain research team at the University of California Davis and Prof Mohammed Saddogi.

This ended up with writing the mathematical proofs behind our consensus model: https://arxiv.org/abs/2008.04450

This underpins our cross-shard consensus. On top of this, we use proof of stake to secure the network. On Radix, anyone with XRD can stake (at least 100 XRD), even if they do not run a node. This is designed to make staking to secure the network as easy as possible. The combination of Cerberus and Proof of Stake keep our network both scalable and secure.

Q6 from Telegram user @fugs_jis
Recently Radix listed on Kucoin. So, what is the future listing plan of Radix? Is there any plan to listed on more CEX/DEX?

Piers from Radix:
There are always more in the pipeline!

Q7 from Telegram user @Freedomety
I’m saying that, What distinguishes the components developed by Radix Engine as Ethereum smart contract solution methods from the difficulties they are supposed to solve? What role does this technology play in the construction of Ethereum chains, and how can it be used? Do you intend to integrate multi-chain in the future?

Piers from Radix:
This has been covered a lot, but I wanted to answer the part about Ethereum chains – the short answer is no, our technology cannot really ever be applied to Etheruem chains. This is good because it gives Radix a long term advantage that any network that has adopted Ethereum technology on (Polkadot, Avalanche etc) will really struggle to catch up with. We definitely intend to integrate with many chains though, that is what Instabridge and related services are ALL about!

Q8 from Telegram user @Kabirkapoor9
Please share list of Tier1 & Tier2 exchanges on which XRD is listed?

Piers from Radix:
Bitfinex, Kucoin, Gate.io, MXC.

Q9 from Telegram user @ripon2004
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted? And How many tokens Will be locked by the team?

Piers from Radix:
12Bn XRD at go-live. Maximum supply of 24Bn. 300m emitted every year as proof of stake rewards. 2.4Bn locked for the team.

Q10 from Telegram user @Freedomety
In this situation my question is :

How would you introduce Radix DLT to folks who are unfamiliar with cryptocurrency? Do you have any tutorial videos on your project that we could watch to understand more about it? Could you please provide the essential links so that we may learn more about your platform?

Thank You

Piers from Radix:
Absolutely! This is a GREAT starting point: http://go.radixdlt.com/Satoshi – I also recommend our youtube channel: https://www.youtube.com/c/radixdlt plus if you want to dive deeper, come join our community:

Telegram: go.radixdlt.com/RadixTelegram
Discord: go.radixdlt.com/RadixDiscord
Twitter: go.radixdlt.com/RadixTwitter

Or if you like a mailer, our newsletter comes out every two weeks and has lots of great information in it as well: http://go.radixdlt.com/RadixMailingList

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Radix. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Radix Telegram community: https://t.me/radix_dlt
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Website: https://www.radixdlt.com

ATTA x Satoshi Club AMA Recap from 21st of June

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from ATTA, a blockchain-based content creator for premium copyright assets. The AMA took place on June 21 and our guest was Meina Zhou, head of Business Development at ATTA.

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.


PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with ATTA!! Welcome to Satoshi Club.

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! Today our guest is @meinazhou!

Mary | Satoshi Club: Welcome here, Meina.

Meina Zhou: Thank you!  I am doing great haha. It is a sunny day in NYC today.

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & ATTA? Tell us please about your position in ATTA.

Meina Zhou: Hi everyone, my name is Meina Zhou. I have been an activist in the crypto and NFT space and have been an insider in the art and fashion industries for years. I’m the Head of Business Development at ATTA. I’m honored to be here today to introduce ATTA to you!

Gold Rocket | Satoshi Club: we are also honored to have you here today. Well!  you have a good background for crypto. What is the essence of ATTA?

Meina Zhou: yeah. Let me give you a brief introduction about ATTA.

ATTA is a blockchain-based content creator for premium copyright assets and has joined Binance NFT 100 Creators. By focusing on music, movie, esports and celebrity IPs, ATTA aims to secure, produce, and distribute best-in-class digital and physical assets to collectors worldwide. ATTA products are available on leading platforms and marketplaces, including BinanceNFT, BAZHUAYU, Poison App, etc.  We are also an official partner with Treasureland. Our official Website is https://www.atta.zone/.

Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from ATTA?

Meina Zhou: before we go into the next question, let me talk a bit more about the development progress?

Gold Rocket | Satoshi Club: These are very famous names. and they show that you are a serious player in this market.

Meina Zhou: Here’s a brief history of our development. Our team started from BAZHUAYU, a blockchain-based platform aiming to realize the full potential of the fan economy and has strong resources and profound industry experience in the entertainment industry.

We had our debut in March with Poison App, the largest platform for designer toys and fashion in China. The product sold was called Niu.X, a limited edition NFT collectible collaborated with famous Chinese actress Raquel Xu. This physical product is highly valuable in terms of the production process and design concept. At the same time, we imbedded a chip inside the toy where buyers and scan and receive an NFT to ensure the authenticity of each piece.

(The toy is Raquel riding an Ox shaped motorcycle, in celebration of the Chinese year of Ox)

Niu.X was sold out within a couple of hours after its successful launch on Poison. During the sales period, our social media platforms such as Weibo and WeChat had over 50,000 followers. Raquel also made a video herself to promote the sales, which had over 3 million views. With the outstanding sales performance, top-tier assets, and production capabilities, we were able to earn the favor of renowned institutions and investors in the industry, including Altonomy and Bounce Finance, etc.

Gold Rocket | Satoshi Club: To be honest, I saw it on Twitter and I can’t stop looking at it.

Meina Zhou: Yes, the toy was delicately designed and manufactured.

Following Niu.X’s successful launch, we launched our first batch of pure digital assets in May, releasing four music NFTs by rock band Tang Dynasty’s lead singer, Ding Wu. Among the four, the International Remix with edition 0 was auctioned on BAZHUAYU’s platform with starting price of 3,000U and ended at 22,000U.

There are several big news I wanted to share.

1.We recently announced that we had joined Binance NFT 100 Creators with Musician & Artist Ding Wu and ATTA Musicians O2. 100 Creators are handpicked by Binance’s team, and we are very proud to become the first batch of creators on Binance NFT.  Binance NFT platform will go LIVE on 6/24, when our exclusive copyrighted NFT assets will be available for purchase. So be sure to mark your calendar!

Both BinanceNFT and us have announced this news on our official Twitter and Instagram handles, please feel free to check it out at https://twitter.com/ATTA_NF T and https://www.instagram.com/atta.zone.official/

Mary | Satoshi Club: You should have a big team working to deliver all this awesome product to your users could you tell us about it?

Meina Zhou: 2. Our first NFT airdrop: To celebrate ATTA’s debut on Binance NFT on June 24, we have kicked off our very first NFT airdrop campaign, where 1,000 lucky users will be able to win ATTA NFT airdrop. We’re inviting all the NFT and Binance NFT lovers to participate in the airdrop and get the opportunity of earning exclusive NFT!

How to participate: https://forms.gle/ja4YBLwwnTPW9kh16

Be sure to join our telegram to get the latest updates! https://t.me/attaofficialeng1 

 We have a global team: (NYC, Shanghai, Hangzhou, Singapore, Hong Kong, Beijing, etc.) We not only have a strong team for NFT content development, but also have a solid technical team that develops and maintain our websites.

For the NFT content development, we work very closely with different kind of artists, including movie stars, musicians, digital artists, etc.

Q1 from Telegram user @johana0012

I understand that ATTA is a content creator which is built on the blockchain network for premium copyright assets.  Especially what kind of community is ATTA’s attention directed to?  What kind of content do you offer?  What are the services they provide?  How can I profit from the ATTA platform?  What are the characteristics of each of the NFTs?

Meina Zhou: We wanted to attract users from both the crypto world and real world (for example, the fans for those famous creators). At ATTA, we specialize in NFT contents, including Music, Movies/Tv shows/E-sports/Celebrities/Charity, etc.

We provide a wide range of end-to-end NFT services, including evaluation, NFT proposal, production, smart contract, and marketing. If you are a content creator, celebrity, artists, or real world trend label interested in NFT. Please feel free to reach out to us.

Mary | Satoshi Club: Do you have any guides for those who are new to crypto?

Meina Zhou: For profiting from the ATTA platform, there are different ways: – if you are a regular user, you can choose to invest in our NFTs. We have designed our NFTs in a way that links the real world. Different NFTs come with various benefits. For example: Imagine your favorite streamer invites you to play a LOL game together during the streaming or share something special with you ONLY.

For each event that we host, we will definitely create guidelines for users to follow. We have also listed a bunch of frequent questions and answers on Bazhuayu (bazhuayu.io).

Gold Rocket | Satoshi Club: Satoshi Clubbers love it a lot.

Meina Zhou: We will also engage the community by having airdrop benefits, etc. haha We will discuss in details later during this AMA.

Q2 from Telegram user @antoni_azx

ATTA has great allies with leading platforms and a very interesting proposal, but I think there is still a lot of information to be published and I don’t see a whitepaper available, where are the technical details of the platform? such as security, economic model, rewards distribution system and incentivations? Do you have docs available?

Meina Zhou: For ATTA, we have not released any tokens yet. We will definitely publish the whitepaper before releasing our token. If ATTA issues its token in the future, all holders of ATTA-produced NFTs (including airdrops) will receive tiered benefits. Certain holders of ATTA NFTs will even receive priority subscription rights of the ATTA token.

Gold Rocket | Satoshi Club: Btw what cooperation with your partners gave ATTA?

Meina Zhou: We wanted to lay a steady foundation for our project first.

Mary | Satoshi Club: What about platform security? Is it safe?

Meina Zhou: Yes, of course! We have a dedicated technical team that focused on developing and manning the platform. Platform security is definitely one of our first priorities.

For our partners, they will regularly conduct co-marketing activities with us. Both our partners and us will share the collaborations on our social medias. Additionally, we will host special events with each partner (for example, airdrops, mysterious gifts, special benefits from different platforms) to attract more users. From the content creator side, we will work with them to design the best NFT benefits so that their followers and fans will enjoy those NFT benefits.

Q3 from Telegram user @nadee5

ATTA is exclusively sponsored by BAZHUAYU, a blockchain based platform aiming to realize full potential of Fan economy. But in your website no any information about governance system. Can you give more details about governance system of ATTA.? Is ATTA a community owned project? I couldn’t see any information about a native token of ATTA. How can user buy NFTs? Will a token be launched for ATTA users? Can you please tell us more details?

Meina Zhou: You can find the official announcement of BAZHUAYU Launches Premium Content Brand ATTA here: https://medium.com/atta-official/bazhuayu-launches-premium-content-brand-atta-64e74fb28522

Mary | Satoshi Club: Will you have any kind of governance?)

Meina Zhou: For the token, as I mentioned before. We have not released any kind of tokens. But I can tell you, very likely, we will launch a token for ATTA.

If ATTA issues its token in the future, all holders of ATTA-produced NFTs (including airdrops) will receive tiered benefits. Certain holders of ATTA NFTs will even receive priority subscription rights of the ATTA token. We would like to build a solid foundation for our user base as well as our Utility NFT.

ATTA NFT Utility

As the support of Utility NFT, ATTA will open an “NFT Benefits Redeem Store” for each IP. You can’t shop in the store but only redeem the IP’s rights and benefits through related NFT products produced by ATTA. So be sure to hold the NFT of your favorite IP.

Imagine your favorite streamer invites you to play a LOL game together during the streaming or share something special with you ONLY. You will be able to vote to decide what benefits to be included with ATTA NFT – we could own any benefits that you could imagine through NFT. 

ATTA NFTs will not only be collectibles but also utilities.

here is a brief introduction for ATTA NFT Utility.

Mary | Satoshi Club: That’s great, adding utility to NFTs that’s what we need because people usually think that it’s only a picture.

Meina Zhou: ATTA is not a platform. It is an NFT brand, focusing on content creation. Bazhuayu is the NFT distribution platform.

Q4 from Telegram User @kimterbear

ATTA features various NFT Contents which are Music, Movies/TV Shows, E-Sports, Celebrities and charities but it can also be expanded to something more. What other types of NFTs are allowed for content in ATTA? For uploading an NFT, what processes will the NFT Proposal undergo to be verified? How long will the process take place? Are the users enabled to have the right to set price to their own NFTs like the way they have the copyrights to the content? In every NFT sold, do ATTA take a percentage as commissions? or 100% of the payment will go to the rightful owner? Thank you!

Meina Zhou: Other types of NFTs: collaboration with fashion brands, fashion toys, trending concept. I think the answer is: the limitation is your imagination.

For creators that wanted to work with us. Please reach out to us via social media or our official telegram group https://t.me/attaofficialeng1.  We will go through the process of evaluation -> NFT proposal -> production -> smart contract -> marketing -> more.

Timeline: depends on the artworks. usually it takes at least one month to work with the content creation team to finalize the NFT.

The commission will be discussed case by case.

Gold Rocket | Satoshi Club: We understand that you are targeting the Chinese market. Are there any plans for expansion in other countries?

Meina Zhou: not for now…it will be commission based. we do not charge listing fees.

The reason why that we are targeting the Chinese market is because our CEO has very deep connections with the celebrities & IPs in the Chinese market. So organically, we are able to attract tons of Chinese users (simply the large fan base for those IPs).

Q5 from Telegram User @imwiiw27

Atta announced their very first NFT airdrop campaign, debut on Binance NFT on June 24. Where 1,000 lucky users will be able to win ATTA NFT airdrop. Can you please tell us what are the requirements needed to be able to join in your NFT Airdrop? And can you give some examples of NFT that you will be given in airdrop campaign?

Meina Zhou: ATTA x Binance NFT 100 Creators Airdrop form: https://forms.gle/ja4YBLwwnTPW9kh16  (https://forms.gle/ja4)

Please follow the instructions in the Airdrop form. You can also reach out to the admins in our official telegram group if you have any questions.

Mary | Satoshi Club: Will you have more airdrops in the future?

Meina Zhou: Yes… hahaha for future events, please join our official telegram group or follow our twitter. We will announce all of the community events there.

Q6 from Telegram User @garrinepotter

Tell us about how the content with which you create nft is stored. For example, let’s take a music track. When creating nft, this track remains on your server, or the nft you create is completely stored on the blockchain? Or do you use IPFS to store media for your tokens?

Meina Zhou: I have to be honest, I need to check with the technical team for the answer. From what I remember, we use IPFS. But I could be wrong. I will double check with the team to get the answer.

Twitter (https://twitter.com/ATTA_NFT)

Instagram (https://www.instagram.com/atta.zone.official/

Medium (https://medium.com/atta-official)

Telegram (https://t.me/attaofficialeng1)


PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guests chose some of them.

Q1 from Telegram user @DK177

In your medium, you said that ATTA NFTs will be introduced soon. Can you give us more details about those NFTs and their benefits?

Meina Zhou: We will have some collaborations with Binance NFT marketplace soon. Please stay tuned. That’s the most information I can give right now haha.

Q2 from Telegram user @Korryl

I read that ATTA just launch Limited Edition #NFT collectible collaborated with famous Chinese actress #RaquelXu. Could you share what is the requirement to participate to get your limited edition NFT? So in the future, which actress or actor will become your next limited edition NFT?

Meina Zhou: The Niu.X (our collaboration with RaquelXu) was sold out within a couple of hours after its successful launch on Poison several months ago. For future limited edition NFT, please follow our social medias. The actress or actor will also be announced in our social media. We have just announced our partnership with Tyloo.

Hint: Tyloo NFT collectibles will be available for purchase on the world’s largest NFT platforms. More details will be released soon.

Q3 from Telegram user @victorogb

It seems most of your current NFT content providers like musicians and artists are all Asian based. What is ATTA’s short and long term expansion plans, should we expect collaborations from content creators in other regions of the world?

Meina Zhou: Yes. As I mentioned before, our CEO has very deep connections with artists and celebrities in the Chinese market. We have also talked with some famous artist in other regions of the world. So we are definitely looking for expansion. We do believe that building the project steadily is the key.

Q4 from Telegram user @PyaraLarka

My question is about ATTA NFT airdrop, Please Inform me how I can get ATTA NFT?

ATTA × Binance NFT’s

Meina Zhou: ATTA x Binance NFT 100 Creators Airdrop form: https://forms.gle/ja4YBLwwnTPW9kh16  (https://forms.gle/ja4)

Q5 from Telegram user @coinerman

Can you tell us about your superior features that can give ATTA a competitive advantage against your strong competitors, who constantly renew and update themselves and influence users with new products?

Meina Zhou: We are supporters of utility NFT, as we think NFT has evolved and pure social NFT projects like APE or Crypto Punk are hard to develop anymore. You need to focus more on the utilities of NFT from now on.

A key to Utility NFT is the scale of the rewards provided. We believe you not only need to link the real world, but also converge the physical and the digital, to make it a two-way interaction. For example, NBA Topshot, a great project, but more focused on one-way connection, from the real world to the digital. That’s why their trading volume depreciated significantly.

ATTA is trying to create a NFT brand that links the real world, a convergence of the physical and the digital, a two-direction door to the metaverse. This is our key differentiator – not just digitalize assets from the real world, but also bring digital to the real world.

Q6 from Telegram user @arbestefy

Do you consider that you have achieved what you have proposed so far with your project?  What do you think is still missing?

Meina Zhou: Yes. We have made great progress so far. For example: ATTA products are available on leading platforms and marketplaces, including BinanceNFT, BAZHUAYU, Poison App, etc.  We are also an official partner with Treasureland.

In the near future, we will be announcing more partnership soon!

Q7 from Telegram user @mobilejii

✅✅   YOU said ATTA has main concerns on security aspects. Will you have any AUDIT in the future?

Meina Zhou: Yes, we will definitely have audit if we are going to release our token.

Q8 from Telegram user @Ashia_24

ATTA is exclusively sponsored by BAZHUAYU, could you tell us more about this sponsorship?

Meina Zhou: Here is the official announcement for Bazhuayu launches premium content brand ATTA: https://medium.com/atta-official/bazhuayu-launches-premium-content-brand-atta-64e74fb28522.

Q9 from Telegram user @soyestefanya

It is worrying the number of projects that fail to progress, what plans do you have for achieving it?  How do they show their confidence?

Meina Zhou: I have full confidence in ATTA as we are very serious about building our project steadily. This is also the reason why we are not rushing releasing any tokens. We definitely wanted to make sure that our NFTs have true utility (the utility NFT concept I have mentioned several times.) After the official launch on Binance NFT on 6/24, we’ll also collaborate with Binance NFT to bring more best-in-class IPs in the form of premium events or blind boxes, covering areas such as E-Sports, Charity, etc. We’ll release more details and announce more partnerships in the near future.

Q10 from Telegram user @cryptoamee

Don’t you think that “Entering to crypto world in this bear season as a big challenge”? Because we know that surviving a new crypto project in bear season is very difficult. Do you have enough strength to face this and success?

Meina Zhou: Right now the market sentiment is very volatile. However, I am firm believer in the NFT market. I do think the NFT market will continue to flourish in the future.

On the other side, as I mentioned it again and again. The way we built ATTA is with diligence and persistence. We not only have a strong team but also have the strength of the connections with premium artists in the Chinese market. Those advantages will help us to grow and maintain our market share in the long term. (Most of our collaborations are exclusive)


PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about ATTA. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.

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

English Telegram group: https://t.me/Satoshi_club

Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish

Telegram Channel: https://t.me/satoshi_club_channel

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

Official Website: https://atta.zone

Twitter: https://twitter.com/ATTA_NFT

Instagram: https://www.instagram.com/atta.zone.official/

Medium: https://medium.com/atta-official

AMA Satoshi Club x Bistroo, July 7th

We are pleased to announce our next AMA on July 7th 2021 at 03:00 PM UTC Time: Satoshi Club x Bistroo

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

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

Part 3: 300$ – A quiz about Bistroo

For more details:
Bistroo Website – bistroo.io
Bistroo Telegram – @bistroo_comm
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Phuture, July 5th

We are pleased to announce our next AMA on July 5th 2021 at 03:00 PM UTC Time: Satoshi Club x Phuture

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

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

Part 3: 300$ – A quiz about Phuture

For more details:
Phuture Website – phuture.finance
Phuture Telegram – @phuture_group
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Lolz Finance x Satoshi Club AMA Recap from 29th of June

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 Lolz Finance and our guests were @LoLzFinanceCaptain @Lolzie @lolzfinancedevji. The AMA took place on 29 June.

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 community

Gold Rocket | Satoshi Club: Hello again, dear community! ❤️ We are pleased to announce AMA with Lolz Finance.

Today our guests are @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

LoLzFinanceDevji: Hello guys!

Andrés M. | Satoshi Club: We are glad to have great personalities with us today😃

Lil Lolzie: Yo yo yo

Andrés M. | Satoshi Club: How are you guys?

Lil Lolzie: We are having the $Lolz of our life

LoLzFinanceDevji: Super excited to be hosted with your great community

Lil Lolzie: thanks for having us

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: LETS MAKE SATOSHI PROUD AGAIN is our MOTTO

Andrés M. | Satoshi Club: Is a pleasure for us!

LoLz Finance CAPTAIN: Boom 💥

Gold Rocket | Satoshi Club: Thanks for joining guys!

Andrés M. | Satoshi Club: Let’s do it🥳. To begin with the AMA please introduce yourself, who are you and what is your role into the project?

LoLzFinanceDevji: Hello everyone thanks for hosting us here today! I will introduce myself: My name is LoLzDevji, i have been around since 2012 when i bought my first BTC, since then i have contributed and been involved in many top projects within the ecosystem (wish i could tell you which are they:D)A little bit on our team, we are super skilled group of devs and of course satoshi loyalist 🏆, it’s time to for LOLZ to take over the Crypto world! 💪🔥💥

Lil Lolzie: I am Lil Lolzie and I am the real Lolzie, all the other Lolzie are just being Ballzie, so will the real Lolzie Please Stand UP, Please Stand UP

Andrés M. | Satoshi Club: How many members are part of lolz project?

LoLzFinanceDevji: 5 core members of our team and so many more contributors😎💥😎

Lil Lolzie: many contributors

Andrés M. | Satoshi Club: What is the essence of Lolz finance?

Lil Lolzie: Make Satoshi Proud Again

LoLzFinanceDevji: Absolutely let me give you in a nutshell an explanation what we want to accomplish for LOLZ. Lately we are seeing so many bullshit projects with most of the narratives which are overly abused out there, they provide simple nonsense. So we as a team took a decision that NOW is the time to change all the happenings in the market, specially once we saw that most of the VC’s and influencers joining projects are just dumping their tokens within seconds of the IDO. Our mission is to prevent all of this wrongdoing to happen in our project, no more VC NO more bulshit influencers etc. We are here for a simple reason, LOLZ and all of this will be driven by and for the community. And on top of that it’s all about giving our LOLZ community to have all the power and the rights to control everything, DAO baby! 💵💰

Lil Lolzie: we believe that there are too many bullshit people making bullshit projects, who get support from too many bullshit VCs and are supported by Bullshit influencers

we are here to change the game, and bring it back to the core

Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from Lolz Finance?

Lil Lolzie: currently, we are in Chapter Genesis

and we have 4 more chapters on the way

eventually we will be delivering some high quality tech, which the community decides that they need, because they need it. And not because they heard on some bullshit youtube video shill channel

Gold Rocket | Satoshi Club: What event influenced the project the most?

LoLzFinanceDevji: In our roadmap which we are starting from Genesis you can see in our website (https://lolz.finance ) that once we reach the milestone of $10M we will reveal our launchpad, meaning that projects that want to on board with us, the community will have the rights and the power to chose which ones will get the green light, super cool 🔥🚀

Lil Lolzie: GROW BALLS BUY $LOLZ

Gold Rocket | Satoshi Club: Thanks for the introduction, we will have a question selected for the Part 1. ready to start? Or you want to add something?

Lil Lolzie: We were born ready

LoLzFinanceDevji: Go ahead LFG

Q1 from Telegram User @luk4jah

In your Lolzmap,something caught my attention-your Codenames.Genesis Chapter 1 and Exodus Chapter 2.Genesis in the bible means beginning or origin and Exodus means mass departure of people.My question is-Are you planning on doing something biblical?Can we have the sneak peak of Lolzmap,how many chapters or codename will Lolzmap have?I really would want to know.Thanks

Lil Lolzie: great question

We are planning to do something Biblical, and the the project will grow so will the tone, and maturity level of the project. Our goal is to bring the crypto back to Genesis, where the people decide the utility and not some third party interests who are looking at this as a cash grab.

In Exodus we will be Launching DAO, and DEX

In Leviticus there will be more projects all the way through Deuteronomy, where the goal will be to have a brand new Layer 1

Gold Rocket | Satoshi Club: You have good intentions😉

Lil Lolzie: we do

Andrés M. | Satoshi Club: So will be there an apocalypse chapter?😅

Lil Lolzie: and we are taking the non traditional route, instead of raising money from VC etc… we are starting the opposite way. A fair launch and project matures slowly

Second Coming

Lil Lolzie: LOLZ

How Funny would that be, that the Ethereum Killer will start as a joke

Andrés M. | Satoshi Club: Haha great job. Btw I would like to ask, are your team anonymous?

Lil Lolzie: yes we are

LoLzFinanceDevji: For now we are anon, but eventually we will reveal ourselves 🤫

Lil Lolzie: many of us are quite well known in the space

and Mister X, is a legend in this space

in due time we all will reveal ourselves

Andrés M. | Satoshi Club: In the future will you release your hidden identities? I mean to increase user’s trust

Gold Rocket | Satoshi Club: besides, you are also very funny guys 😁

LoLzFinanceDevji: Lolz

Lil Lolzie: of course. Once we get enough traction and the marketcap will prove the point we will all reveal our identities

Andrés M. | Satoshi Club: That’s great, thanks for the answers guys😃

Well, would you like to add something before the next question?

Lil Lolzie: MAKE SATOSHI PROUD AGAIN

GROW BALLS BUY $LOLZ

Q2 from Telegram User @Rakshitx5

You have mentioned on your website that the team doesn’t hold any tokens and it has been launched so even in the future team will not hold any tokens? Also, there is no mention of the burning of tokens except while transactions so do you intend to burn the tokens in the future because burning the tokens increases the price and it catches the eyes of investors.

LoLzFinanceDevji: We burned them all

https://bscscan.com/tx/0xbf4d0b8557635ebaf84974e023974b6569fb4680af3e7bb9bea3582b3fe33d67

The team bought tokens together with everyone else, the same exact way that anyone can

Pancake Swap

LoLzFinanceDevji: GROW BALLS BUY $LOLZ

Gold Rocket | Satoshi Club: Why did you do that👀

Lil Lolzie: as i had mentioned, our goal is to take the opposite approach of how most people enter the space. Most of them, raise money from VC, in seed round, private round, strategic round, bullshit round, and public rounds. Team have a lot of tokens, and raise money to finance their salaries, cars and buy houses, no wander why they dump tokens when they can. We did the opposite route, we launched a fair launch, so everyone we are building the best community in the space, and will slowly deliver products which our community needs.

we are all hungry, and ambitious and don’t owe anything to anyone but  to our community

Q3 from Telegram User @andrey_seleznov

Hi Lolz!

Please share more details about the LoLzNomics with us! The structure of your tokenomics is quite unusual, 100% of the tokens is dedicated to the community and liquidity. How exactly do you distribute the tokens to the community, have you run any airdrops or liquidity mining programs? Or is the only way to obtain $LOLZ tokens is by purchasing them on pancake swap? Thank you!

Lil Lolzie: we had an ILO yesterday

and all the funds raised went to liquidity on Pancake

thats the total supply of tokens

LoLzFinanceDevji: LoLz Finance ecosytem is powered by lolztoken, the role offers many use cases. If you hold the token, the fee from the DEX will go directly to token holders. We will have a tax formation, a structure of 10% redistributed to holders 4% to Liquidity 4% to marketing (which will push the project as much as possible with PR and partnerships, collaborations etc…)

ILO was sold within 3 second 💥

Lil Lolzie: I could not get in myself

LOL

LoLzFinanceDevji: 🔥🚀  LOLZFINANCE 🚀🔥

🚀 Don’t miss this rocket 🚀

✔️ Launched 24 hours ago

✅ 1100 holders

✅ 500k mcap

✅ 3400 tg

✅ 3400tw

✅ Listed on Pancakeswap from first 1 hour

🔥 BURNED TOKENS PROOF

✅ LIQUIDITY LOCKED BY DXSALE FOR 1 YEARS

📡Community: 100% community

0xBe24E81490eA58df166E70BdD42bF3035732E100

Gold Rocket | Satoshi Club: Amazing🔥

Andrés M. | Satoshi Club: What made you guys have 0% dev wallets? Where will you be funding this project from then? Your own pockets? There will be a point where that would be exhausted. So how will you be raising more funds to continue the expansion of this project?

Several of our members was interested on this topics

LoLzFinanceDevji: All of the funds that was invested was from our own pockets. Every sell transaction will be taxed by 18%, token holders get 10% , 4% liquidity, 4 % marketing. So in terms of that is according to plan 😎

Gold Rocket | Satoshi Club: Thanks for answers

Ready for the next question😉

LoLzFinanceDevji: Sure

Andrés M. | Satoshi Club: Applauds to you guys, you have done a great effort👏

LoLzFinanceDevji: Thank you we appreciate your support

Q4 from Telegram User @Asela1112

In your Roadmap chapter 02, LOLZ NFT marketplace will be launch for the LoLz community. Nowadays every platforms belong own their NFT marketplaces. What is the reason for launching this NFT marketplace by LoLz Finance self? Can you tell us about Cry LOLZ collection & RareDrop? What will be the minting process of these NFTs? Will there be real world benifits of LOLZ NFTs? Most of platforms are promising about creating the bull market to NFT artists. What kind of services do you integrate for the NFT artists to be incentivized? Will there be NFTs content galleries? And also NFT collateralized loans are popular in crypto market recently. Will LoLz Finance involve with NFTs Collateralization in future?

LoLzFinanceDevji: That’s a great question let me answer that

The nft market it is a process it’s not a product that we will launch in one day. We are gonna start with our original collection and incentivize creators to come and create their art on our platform with original NFTs that incentivize the creators. In addition we will partner with marketing agencies that will attract users to the platform in order to bring adoption from creators and artists.

But we first we need to get to that certain MC to release it 😎💥

Andrés M. | Satoshi Club: What is your current MC and max supply?

LoLzFinanceDevji: MC is approx 400k and supply is a bit less then 700T, we mention that all the tokens belong to the community, team has 0 tokens.

Andrés M. | Satoshi Club: And how to buy your tokens? It looks like a gem for me 😁

LoLzFinanceDevji: GROW BALLS BUY $LOLZ

On Pancakeswap you can buy as much as you want 🔥😎

https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xBe24E81490eA58df166E70BdD42bF3035732E100

Andrés M. | Satoshi Club: Thank you, btw could you share us your whole roadmap? What else is coming for the second half of 2021?

LoLzFinanceDevji: We have revealed yesterday the chapter of exodus, there will be another 3 chapters that will be revealed, STAY TUNED 🤫💥

Andrés M. | Satoshi Club: We will😁

LoLzFinanceDevji: Leviticus, numbers and Deuteronomy will be epic 🤛‼️

Andrés M. | Satoshi Club: Well, time to proceed with the 5th question, ready to proceed?

LoLzFinanceDevji: Sure go ahead

Q5 from Telegram User @victorogb

  Lolz Finance is entirely basing the security of it’s project on the fully locked liquidity of $LOLZ, which amounts to about 100% of the total supply. Also, 4% of transaction fees are added to liquidity coupled with a deflationary burn feature. Even as these measures help to build user confidence in a project, investors would also like to see some form of verifiable evidence. Therefore, has the Lolz Finance Smart contract been audited, if yes can you kindly share the details, asides audit what other security measures are implemented, and with a locked liquidity and limited access to funds, how will Lolz Finance cater for contingencies such as marketing and promotions?

LoLzFinanceDevji: 3 of $LOLZ Cornerstones are:

1. Decentralization

2. Security

3. Scalability

You have asked for it

We must deliver 👊🏼

Final Security Assessment Report

✅ Audit completed by

One of the top audit firms in the world.

The first audit but not the last 💪🏻✅

We are not playing games!

Gold Rocket | Satoshi Club: I like your approach to security

Safety first👍

LoLzFinanceDevji: We have been audited, and will have other audits as well. In terms of marketing the 4% goes directly to the marketing wallet, meaning we will have marketing agencies that will bring lolz as viral as possible everywhere!

For the community‼️

Andrés M. | Satoshi Club: That’s great, but could you mention us your current partnerships? Who is part of this big project?

LoLzFinanceDevji: We are not partnering with anyone, we are part of the community and this all about LOLZ. I’m gonna do a HUGE announcement right now which we haven’t yet, ARE YOU READY FOR THIS?

Andrés M. | Satoshi Club: @GoldRocket27 are we?😁 I am

LoLzFinanceDevji: READY?

Gold Rocket | Satoshi Club: Yep 😁

LoLzFinanceDevji: As you guys know we are anonymous right now, one of our dev in our team is an ex dev of a HUGE PROJECT, PLEASE DONT ASK US WHICH ONE 🤫🤫🤫

It will be revealed soon…

Andrés M. | Satoshi Club: Thanks for choose our community for this big sneak peek😁

LoLzFinanceDevji: You guys have a great community

Gold Rocket | Satoshi Club: For sure❤️

Andrés M. | Satoshi Club: Thanks for the kind words, that’s why we try to bring the best projects here 😃

LoLzFinanceDevji: And we appreciate to be hosted by you guys 💪💥

Andrés M. | Satoshi Club: Well, do you have another big easter egg for us or do you want to go with the final question of this part of the AMA?😁

LoLzFinanceDevji: Stay tuned we will have so many surprises coming soon… 🙄🤫

Andrés M. | Satoshi Club: Waiting for it😁🥳

Q6 from Telegram User @antoni_azx

LOLZ will have a space for charity and donations but isn’t clear to me from where will these donations come since your 18% in taxes will be for holders, liquidity and marketing, nowhere says something about donations, can you clarify on this point and what campaigns are you willing to support? or will it be entirely decision of your community?

LoLzFinanceDevji: We will soon declare our donation address, we hope that the community will understand that charity is important and donate accordingly with the team. We will take part of the marketing to charity as well. The community will decide where all of it goes

Go ahead please

Part 2 — live questions from the Telegram community

Q1 from telegram username @Wong2008

How dumpers will be punished and what will happen to their tokens?

LoLzFinanceDevji: Every sell transaction will be taxed by 18% which 10% goes to token holders

Q2 from telegram username @bolopo_goyang

will $Lolz be open to the public to notify the analysis of the results of its projects? Or is it only open to investors and users? how do you attract the interest of many users?

LoLzFinanceDevji: Absolutely everything will be transparent to the community

Q3  from telegram username @Ratash97

When do you plan lolz launchpad and where are you considering doing it ?

LoLzFinanceDevji: Once we reach 10m, we will reveal all of the rest soon 😎💪

Q4  from telegram username @ethcypherpunk

Can you elaborate a little more on your intentions to include yourself in Polygon, and other thriving blockchains?

LoLzFinanceDevji: We will apply for grants once we reach 1M

Q5 from telegram username @BJosefina61

Since 0% marketing, how do you plan to keep the project alive in terms of visibility, listing on exchanges?

LoLzFinanceDevji: Every sell transaction 4% goes marketing which we have huge plans to bring Lolz everywhere around the world

Q6 from telegram username @subriya2002

What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year ?

LoLzFinanceDevji: We have huge huge plans in terms of marketing, once we go and reach our milestones we will have dex aggregator,

Nft market place, DAO, launchpad etc

Q 7 from telegram username @xperia3

Hi! 🤪

I see in your roadmap, as LoLz Finance, you have an intention of changing your Logo. Why? Is this certain or will you keep it as it is now if your community do not want you to change it? Do you have a plan to create a incentivized competition to decide your new Logo?

@LoLzFinanceCaptain @Lolzie @lolzfinancedevji

LoLzFinanceDevji: To bring more fun and refreshment to our community we will have a new logo once we reach 2M

Q8  from telegram username @Tahsinahmett

New projects appear every day. What do you think is the difference that will make Lolz Finans stand out in this crowd? What is your long term plan?

LoLzFinanceDevji: We are completely different from the other projects out there, 100% community driven and no vc’s involved, no bullshit just our community.

Q9 from telegram username @cryptoamee

Do you have any plan on listing some CEX and DEX in near future? PANCKASWAP is not enough to attract more investors in my opinion. What are the plans on this? @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: we will list on many exchanges, in Exodus first thing we will do is apply to Binance, Huobi, Okex and Coinbase, and we will continue applying until they will accept us there. CEX with all the problems they have are the still easiest and fastest way most crypto users transact, so it behooves us to let them be. Moreover, in the future we will be launching a credit card on ramp solution for Lolz

Q10  from telegram username @cryptoamee

Do you have any ambassador programme to make famous your project in non English countries? If yes how to apply for the ambassador?  @LoLzFinanceCaptain @Lolzie @lolzfinancedevji!

Lil Lolzie: Sure Please DM

Part 3 – Quiz Results

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

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

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/LoLzFinance_Official        

Twitter: https://twitter.com/lolzfinance?s=21

Jetfuel x Satoshi Club AMA Recap from 29th of June

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 Jetfuel and our guest was @jetfuelmiro the CEO of Jetfuel. The AMA took place on 29 June.

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 community

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are pleased to announce AMA with Jetfuel.

Flight Commander Miro [Will Never DM First]: [ 🚀 Sticker ]

Gold Rocket | Satoshi Club: Today our guest is @jetfuelmiro!😊

Flight Commander Miro [Will Never DM First]: @GoldRocket27 Thanks for having me! I’m happy to be here

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @jetfuelmiro!

We’re very excited about the upcoming AMA, and you? 😃

Flight Commander Miro [Will Never DM First]: Very much so 😁

Gold Rocket | Satoshi Club: Let’s start!

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

Tell us please about your position in Jetfuel?🚀

Andrés M. | Satoshi Club: @jetfuelmiro, is a pleasure to have you here!😃

Gold Rocket | Satoshi Club: [ ✈️ Sticker ]

Flight Commander Miro [Will Never DM First]: Sure! I’ve been involved in the crypto space since 2013 when I first discovered Bitcoin.

We started to develop Jetfuel after I was a victim of a terrible rug pull. The rug pull inspired us to build Jetfuel, an audited, all in 1 defi application where users can feel safe to invest their funds.

My position with Jetfuel is the CEO. I lead the development, marketing, and community out reach teams.

Gold Rocket | Satoshi Club: You have rich experience👍

What is the essence of Jetfuel?

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Jetfuel?

Flight Commander Miro [Will Never DM First]: Jetfuel is an all in 1 defi application.

We have yield optimizers to compound and grow your assets automatically at Jetfuel.Finance

A decentralized, over collateralized money market and lending protocol at Fortress.Loans. Users can earn interest on their crypto assets like BTCB, BNB, USDT, and also take out loans against their deposits and EARN money.

We also just launched our AMM (automated market maker) exchange Jetswap.Finance. You can earn the WINGS token by providing liquidity to the AMM and earn swap fees from the LP.

Our income token is JETS token which receives 5 income streams.

We also have our passive yield and automatic liquidity token GFCE.

We truly have everything you could want in a defi application under 1 roof.

Gold Rocket | Satoshi Club: This is a unique set of tools as far as I can see. You thought it well 👏👏👏

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

Flight Commander Miro [Will Never DM First]: We take our time to ensure all new products and features we launch are fully audited and secure. Jetfuel and the ecosystem has been running for nearly 7 months with 0 security or exploit incidents.

That is why our TVL is over $210 million across our entire ecosystem.

We have a number of plans to go cross chain and to develop some really great features for all of our products.

Some soon to be released items on the road map

-Polygon Jetswap

-Polygon Fortress

-Wings token Lottery

-BNB DICE gambling game

-Fixed rate loans at Fortress

-Boosted Autocompounding Vaults

and many many more

Andrés M. | Satoshi Club: I agree with you, a really all in one project😁

We are happy to know that everything is safe into your ecosystem

Flight Commander Miro [Will Never DM First]: There is currently about 20 people on the team between management, marketing, and community support.

Our development team has 8 developers working on Jetfuel, Jetswap, Fortress, and our consulting projects.

We have a full time marketing director overseeing our marketing.

The rest of our team is community managers running our many telegram groups.

Gold Rocket | Satoshi Club: Is the team anonymous?

Flight Commander Miro [Will Never DM First]: Yes, the team wishes to remain anonymous but we’re here nearly 24/7 for our community. ❤️

Gold Rocket | Satoshi Club: Do you have any plans to declassify your names over time?

Flight Commander Miro [Will Never DM First]: Not at the time 👍

Gold Rocket | Satoshi Club: Where is your office located? Or do you work remotely? 😊

Flight Commander Miro [Will Never DM First]: We are international and all remotely

Gold Rocket | Satoshi Club: Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

Flight Commander Miro [Will Never DM First]: Let’s go!

Gold Rocket | Satoshi Club: I love your stickers. 😁 I will try them all

Q1 from Telegram User @Arisabela

My head spun when reading the utilities of the two tokens in your ecosystem $JETS and $FUEL, from what I understood, $FUEL is a transactional tax token and $JETS is a governance token that also serves for staking, but can you disclose about all the use cases of this tokens on your ecosystem, how to trade them and what revenues can the users get from them?

Flight Commander Miro [Will Never DM First]: $FUEL is the first token in the Jetfuel Ecosystem. FUEL has a 2% tax on transaction. 1% is burned forever and 1% is sent to the “Hangar Reserve” for JETS staking.

FUEL emissions (farming rewards) ended in early June so FUEL is now 100% deflationary. We are burning about 1,000 FUEL per week. There is only about 124,000 FUEL left.

JETS is the staking and income token for Jetfuel. JETS holders receive 30 FUEL per day from the Hangar Reserve, 4% of every vault harvest is used to market buy FUEL, 10% of net income from Fortress.loans monthly, a permanent WINGS staking pool, and other staking opportunities.

Andrés M. | Satoshi Club: What is the APR for staking?

Flight Commander Miro [Will Never DM First]: You can trade FUEL at Jetswap.Finance and convert your FUEL to JETS at jetfuel.finance

Andrés M. | Satoshi Club: And is there a minimum amount of tokens to join staking and farming programs?

Flight Commander Miro [Will Never DM First]: Standalone JETS holders without staking receive about 40% APR and you can stake JETS for WINGS and earn an additional 33% APR. So the JETS APR is over 70% 🔥

$FUEL- BNB can be deposited to the Jetswap vault and earn about 200% APY.

 There is never a minimum in Jetfuel. Investors of all size are welcome 😁

Gold Rocket | Satoshi Club: I think this is very fair

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

Flight Commander Miro [Will Never DM First]: Yup!

Q2 from Telegram User @NSZR1

I read that Staking your $ FUEL tokens on Jetfuel Finance earns you passive $ FUEL rewards, and in order to stake $ FUEL tokens, it is necessary to convert them into $ JETS. I would like to know what kind of benefits it brings to users to use this dual token mechanism and how it benefits the ecosystem of the platform, I also have the doubt whether as well as users can stake the $ FUEL token, they can stake the $ JETS token ?

Flight Commander Miro [Will Never DM First]: This was just answered above https://t.me/Satoshi_club/955588

Single FUEL staking is not enabled since FUEL is a transactional tax token. You can convert your FUEL to JETS at Jetfuel.Finance and stake the JETS

Gold Rocket | Satoshi Club: By the way, share your tokenomics with us please 😊

It seems to me  this is also something unique.😁

Flight Commander Miro [Will Never DM First]: This will be a long one since we have 5 tokens 😅

Gold Rocket | Satoshi Club: Perhaps a link to your web resources to study😁

Andrés M. | Satoshi Club: Thanks for the clarification. Btw, you mentioned Polygon Fortress as part of your roadmap, could you tell us more about it?

Flight Commander Miro [Will Never DM First]: 1. FUEL. FUEL is a deflationary token with 2% tax on transaction. 1% is burned for ever and 1% is sent for staking. FUEL had 6 months of farming that started Dec 6th 2020 and ended June 5th 2021.

2. JETS is the income and staking token for Jetfuel. The only way to obtain JETS is to convert FUEL to JETS at Jetfuel.Finance. JETS holders earn up to 5 income steams by holding and staking JETS. There is a 2.5% withdraw fee to convert from JETS to FUEL to ensure long term holding.

3. GFORCE is our passive yield and automatic liquidity token. There is 1,000,000 GFCE. 3% of every transaction is taxed and distributed to every GFCE holder. 3% of each transaction is taxed and is added back to liquidity at Jetswap. We are nearly done with our GFCE lottery where you can earn GFCE LP tokens!

4. FTS is Fortress. Fortress is our lending and money market protocol. You earn FTS rewards by supplying and borrowing against your deposits. FTS has 10,000,000 tokens and a 2.5 year farming schedule.

5. WINGS is our AMM token for Jetswap. It is an inflationary token and is used to incentivize liquidity at Jetswap. We have a number of exciting features coming up for WINGS like the WINGS lottery, voting, and NFTS.

Yup! We’re working to build Fortress on Polygon. We can have more information when it’s closer to production 😁

Andrés M. | Satoshi Club: Oh, then we will be waiting for coming announcements😁

Gold Rocket | Satoshi Club: [ 👑 Sticker ]

Andrés M. | Satoshi Club: Ready to proceed with the next question?

Flight Commander Miro [Will Never DM First]: Yes!

Q3 from Telegram User @DK177

$FUEL has a 2% transaction fee on transfer. Where does this money go? Do you use them for the internal developments or will they be given back to the community? Is this 2% rate applied only for deposits and withdrawals? Or should we pay this fee when trading on BitMart too? With the BitMart fee, 2% becomes 4%! If this fee is applied for trading in FUEL/USDT pair, can you please explain about maker fee and taker fee?

Flight Commander Miro [Will Never DM First]: Yes, as answered earlier FUEL has a 2% tax.

1% is burned for ever and 1% is sent to the “Hangar Reserve” and 30 FUEL per day is sent to JETS holders 1 time per hour. The 2% fee is on every on-chain transaction. So transfers, purchases, sells, and going into/out of an LP its’ charged.

Bitmart does not charge a 2% on standard trading since Bitmart is not onchain trading. However, Bitmart charges an additional 2% on deposit to cover any internal fees they might pay.

Andrés M. | Satoshi Club: Why you take the decision of create 5 different tokens? Why not one token with different usecases?🤔

Flight Commander Miro [Will Never DM First]: We have built an all in 1 defi application. Each token serves it’s own purpose for the ecosystem. It’s not possible to use one token for all of our plans so we’ve developed each protocol with their own tokens 😁

Gold Rocket | Satoshi Club: can you tell us briefly about these goals? this is a rather original system

Andrés M. | Satoshi Club: Thanks for the clarification, I agree with that

Flight Commander Miro [Will Never DM First]: Our goal is to become the #1 defi protocol! We currently have a TVL of $210 million and are going to keep building our products until TVL is in the billions.

Gold Rocket | Satoshi Club: Well thanks for the answer! Ready for the next question?

Flight Commander Miro [Will Never DM First]: Yes

Q4 from Telegram User @KeymerS

I read in your Medium blog that in the long term you plan to incorporate NFT tokens, but could you really give us what innovative utility you plan to implement? Or will the use simply be to reward the most loyal users?

Flight Commander Miro [Will Never DM First]: Yes! We are exploring the best way to integrate NFTS to our Ecosystem. We plan to have an NFT minter and marketplace at Jetswap and let users use WINGS to make NFTS.

Gold Rocket | Satoshi Club: This is a very promising direction!

Andrés M. | Satoshi Club: That’s amazing, you tried to adopt all of trending topics to your project

Flight Commander Miro [Will Never DM First]: Thanks 😁

Andrés M. | Satoshi Club: Great job, what about synthetic assets, will be part of jetfuel in the future?

Flight Commander Miro [Will Never DM First]: Can you explain more about synthetic assets?

Gold Rocket | Satoshi Club: We’d love to hear about it. 😁

Andrés M. | Satoshi Club: Crypto versions of commodities assets, stocks as Tesla, Apple

Flight Commander Miro [Will Never DM First]: We do not plan to incorporate synthetic assets but we have plans to keep growing and building our current products like Jetfuel, Jetswap, and Fortress 💪

Andrés M. | Satoshi Club: Amazing,  we should recognize the big potential of your project😁🥳👏

So, would you like to add something else before the next question?

Gold Rocket | Satoshi Club: Yes! That’s great😁

Flight Commander Miro [Will Never DM First]: Next question please

Q5 from Telegram User @Highpee

Your Initial Jet Offering, IJO launchpad has an initial focus to help new project raise funding as well as give a liquidity and marketing boost at the nascent early stage of projects. From the information available on your website, only one external project (TRYON) has been launched on it and the last token to launch on your launch was FTS on the 20th of April. Some projects who applied for launching have complained on your TG of not being attended to. Why are there no sale activities on your launchpad? What does it take for a project to launch on IJO launchpad and what does buyers need to participate? Is this aspect of your project still important and working or have you shifted focus from this direction?

Flight Commander Miro [Will Never DM First]: We have shifted focus away from the IJOs. There is too much work, risk, and stress involved with launching IJOs. Jetfuel has a very strong name so we want to ensure that we’re only endorsing the best projects.

Our focus now is to build our partnership program and pilot pools. Pilot pools at Jetswap allow users to stake WINGS for partner programs. Soon we’ll be launching our $500,000 Partnership Incentive program to help new projects incorporate Jetfuel and our ecosystem into their projects!! We can’t wait to roll it out.

Gold Rocket | Satoshi Club: Thanks for your answers

Andrés M. | Satoshi Club: What is the most important thing you consider is coming for jetswap in the second half of 2021?

Flight Commander Miro [Will Never DM First]: We are currently working with a regulated crypto gambling project and we plan to integrate a fully regulated and licensed casino into Jetswap!

Andrés M. | Satoshi Club: That’s sounds promising😁

Time to go with the final question

Q6 from Telegram User @yellowchamp

One of your twitter post that interest me is about the Fortress Loans in which you stated that “Wake up tommorow and Get Paid to Borrow”,so can you explain more about this statement? Literally,how can we get paid to borrow? In what possible ways that a borrower can earn from borrowing instead of paying interest rate? Thank you

Flight Commander Miro [Will Never DM First]: Fortress.loans is our lending and money market protocol.

Users can deposit their assets to Fortress and earn interest to their deposits that’s paid by borrowers. Depositors also earn FTS rewards.

The greatest part of Fortress is the ability to earn while borrowing! You can borrow against your deposits up to 60%. You’ll pay interest in the token you borrowed but you’ll earn big FTS rewards which is more than your interest paid. So you get paid to borrow! Isn’t that great?

Andrés M. | Satoshi Club: And that makes 6/6, thank you so much @jetfuelmiro for your answers, it has been a great time with you in this first part of the AMA😃

Flight Commander Miro [Will Never DM First]: It’s been a great time here for the AMA!

Andrés M. | Satoshi Club: Now, is time to interact with our dear community members in the live segment of the AMA🥳

A ton of questions are coming when we open the chat, ready to go?

Flight Commander Miro [Will Never DM First]: Lets go 💪

Part 2 — live questions from the Telegram community

Q1 from telegram username @alptrader

@jetfuelmiro Do you like the jets like f-35?

Flight Commander Miro [Will Never DM First]: Jets are great!

Q2  from telegram username @Robotliker1

How safe is to invest on your project? It is truth that it is very hard to find best project and legit where rugg pull scams happens everyday . How can we trust your project that it is legit with anonymous team? Any plan to go public in the future?

Flight Commander Miro [Will Never DM First]: We built Jetfuel after a nasty rug pull. You’ll be able to check that we audit all our code before we deploy to the public. Team is anon for now

Q3  from telegram username @meml97

🧨     JetFuel emphasizes on being a fair-launch deflationary yield farming ecosystem on Binance Smart Chain. But my question here is, what does it mean to be a fair-launch project? Why is JetFuel such thing? What advantages does this bring to people if they use JetFuel over other platforms that are not “fair-launch”? Also, I’ve seen before other platforms calling themselves fair-launch as well, what makes JetFuel different from them? @jetfuelmiro

Flight Commander Miro [Will Never DM First]: Fair Launch means there is not a presale, founder allocation, pre mint. Everybody, including the devs, have to start at the same place.

Q4  from telegram username @shohan1244

-I see your project has several partnerships but who are the main partnership?

Flight Commander Miro [Will Never DM First]: We have a number of amazing partners.

-Yield Watch, Billion Happiness, Auto Farm, Beefy, Swamp Finance, Safermoon, Apeswap to name a few 😘

Q5  from telegram username @Rakshitx5

Hey @jetfuelmiro

Every day many projects are launching and your is one of them and the team is unknown. Why should investors invest in a coin whose founder is unknown? How we can trust you?

Flight Commander Miro [Will Never DM First]: We’ve been around for 7 months with 0 exploits or security issues. Our team is around 24/7 to help the community. All our code is audited before it’s released to ensure safety for the public.

Q6  from telegram username @Josewen

I understand that JetfuelFinance is a launching pad for projects seeking to raise funds and keep more of their proceeds.  funds and two projects to be launched soon;  Fortress credit / loans and JetSwap decentralized exchange.  What are JETS tokens?  What is the function within the platform?  Do you have other tokens besides JETS?  What are the qualities that this token possesses?  What are the many functions that JETS fulfills?

Flight Commander Miro [Will Never DM First]: You can read the questions answered in this AMA for info on JETS. You can also check our Jetfuel Docs page here: https://docs.jetfuel.finance/jets-staking

Q7 from telegram username @Zara_Adisty

⚠️Almost 83% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?

Flight Commander Miro [Will Never DM First]: Zap is a feature we’ll be rolling out again soon. It’s the ability to use BNB to get right into a vault. So no more buying all the tokens for the LP. Just use BNB and get right in.

Q8 from telegram username @Sumione

What are the different farming pools options available? Can you provide me some links for this and different APYs for all coins?

Flight Commander Miro [Will Never DM First]: https://www.jetfuel.finance/vaults

https://jetswap.finance/

https://bsc.fortress.loans/dashboard

Q9 from telegram username @nadee5

Is  JetFuel  MOBILE APPLICATION   available  ?

Flight Commander Miro [Will Never DM First]: You can use any mobile DAPP browser to access our websites 😁

Q10  from telegram username @Ratash97

What kind of informations users will find on the Info/Analytics Page feature ?

Flight Commander Miro [Will Never DM First]: prices, volume, liquidity, tokens available, fees

https://info.jetswap.finance/home

Part 3 – Quiz Results

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

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

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/jetfuelfinance  

Twitter: https://twitter.com/Jetfuelfinance

Wall Street Games x Satoshi Club AMA Recap from 27th of June

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 Wall Street Games and our guest was @WSG_Anze, and @WSG_Bernard – representatives of Wall Street Games. The AMA took place on 27th of June.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! We are pleased to announce AMA with Wall Street Games. 🥳

D. | Satoshi Club:
Hello everyone

Today our guests – @WSG_Anze @WSG_Bernard !

Welcome guys.

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @WSG_Anze @WSG_Bernard!

Anze | Wall Street Games CEO | NEVER DM FIRST:
Hello everyone! Glad to be here with you today! 🙂

WSG Bernard:
Hello everyone! So happy to be here with you today and this amazing community! 🥳

D. | Satoshi Club:
Nice to have you here guys👏

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you!

Gold Rocket | Satoshi Club:
We are very glad to conducting AMA with Wall Street Games😁!

Thanks for joining guys!

Let’s start!
Introduce yourself please. How did you get to be involved in crypto & Wall Street Games?
Tell us please about your position in Wall Street Games

Anze | Wall Street Games CEO | NEVER DM FIRST:
Same here! A great community to present our project to! 🙂

Sure! My name is Anze and I am the CEO and Founder of Wall Street Games. I have been active in the crypto community for more than 6 years now. In between, I have been in the world of economics, advising institutions, startups and cooperating with experts.

WSG Bernard:
Hello, my name is Bernard. I am a full-stack and blockchain engineer and I work together with Anze and several other team members on the Wall Street Games project.

I have a degree in computer science and have been following crypto since 2017 and have started solidity programming approximately a year ago. I am very proud to be able to share and present our biggest project that we’ve been working on for several months now.

Done ✅

Gold Rocket | Satoshi Club:
Amazing background🤩

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you! 🙂

Gold Rocket | Satoshi Club:
What is the essence of Wall Street Games?

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Wall Street Games?

D. | Satoshi Club:
Do you have only two members in the team?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Wall Street Games is a hybrid blockchain-based gaming platform where players battle each other in fun simple games for rewards in cryptocurrencies. Basically two players play games against each other and the one with the highest score wins. You can check out and try the game at any time on https://wsg.gg, it’s a blockchain-based gaming platform that combines off-chain and on-chain elements to create a fun, secure and (soon-to-be) operational (live) protocol where users will be able to battle it out against each other in skill-based games to see who is the better one.

Of course not! 🙂 The team consists of a blockchain developer, two full-stack gaming developers, a marketing strategist, a designer, and me.

WSG Bernard:
We have been working on WSG for the past 4 months and will be launching our full platform with real wagers on 1st July, so in a few days. We have a roadmap packed with many exciting features and we are just starting, so you can be sure that there’s much more coming!

D. | Satoshi Club:
Why you named project wall street games? you have any relation with real wall street?😁 maybe in past

Gold Rocket | Satoshi Club:
🚀wow! It’s very soon🚀

Busy roadmap😅😉👍

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, not really 😄 the name came from reddit, we thought is was really cool and actually connecting games with money 😄

WSG Bernard:
Busy roadmap means a lot of development and that’s why we are here 🙂

D. | Satoshi Club:
Got it 😉

Gold Rocket | Satoshi Club:
Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go 🚀

Q1 from Telegram user @kimterbear
As a gaming platform, does Wall Street Games also plan to preserve the traditional video games in an integrative way? How does WSG plan to leverage this opportunity to become something better than the traditional ones? Shall we expect a more innovative gaming platform compared to the traditional ones? What upgraded features shall we expect to WSG that can’t be found in any traditional game?

WSG Bernard:
The technology behind WSG and the platform the way it is currently built, supports integration with whatever backend system we decide to develop. Right now we’re working on our own quick, fun and addictive games that can be played on any browser, device or tablet. Of course, we could build a system that would integrate scores and matchmaking from traditional games, all of these avenues are open for the future.

Gold Rocket | Satoshi Club:
Do your users need to pass KYC?

D. | Satoshi Club:
Will you games have any connection with gambling?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The breakthrough is that we are introducing PVP games to the blockchain where the player’s funds are always in their hands. Blockchain makes sure of that. So the safety is our n1 goal. There will be constant upgrades and challenges for the users. We will have live events and even community-developed games will be introduced into the platform where users will be able to earn passive income from that 🙂

WSG Bernard:
The main upgraded feature that WSG has that no other gaming platform has is that the user’s funds, winner declaration and distribution of rewards happens completely on the blockchain, decentralized and as secure as it can be. This is what makes our platform completely different from any traditional system or competitors.

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, as this is the goal of blockchain. Simply connect a wallet, play a game against others and earn rewards 🙂

WSG Bernard:
No, our games will not have any connection with gambling. We are focused on skill-based games that require dexterity, strategy, good reflexes and a mixture of all of this together. We are not going to introduce any games that are based on gambling.

D. | Satoshi Club:
That’s nice feature.

Gold Rocket | Satoshi Club:
These are really unique features👍

Passive income is always nice👏

D. | Satoshi Club:
But will you have some sort of ‘box opening/case opening’ like in CS GO for example?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment. For now, players that will be most active on the platform will be rewarded. But we have some similar features planned for the future. 👍

WSG Bernard:
We are however introducing NFT cards, and NFT-based staking that will mimic this behaviour, for example to have unique titles, special effects next to your name and various other perks in the future when we will open our own governance platform and more!

D. | Satoshi Club:
Thank you! we will talk about NFTs today 😉

Gold Rocket | Satoshi Club:
Thanks for your answers👍

Can we proceed? Or you want to add something?

WSG Bernard:
We can continue 👍🏼

Q2 from Telegram user @h1drX
The total supply of $WSG is 1,000,000,000,000,000. What is the $WSG distribution model? Do you have a reward system for holders? Do you have a burning system? Does it have a DAO mechanism? Will you make changes to the token $WSG on July 1st?

WSG Bernard:
Here’s a rundown of our token distribution:

There is a reward system for our token holders via the staking pool and for liquidity providers.

There is no burning system or any other fees associated with the token or with the transfer of our token.

D. | Satoshi Club:
Why you decided to mint such a crazy amount of tokens? 😁

WSG Bernard:
We are not building a DAO mechanism, but we will be creating a governance platform which will allow users to vote on new game scenarios, propose them and even more functionality.

Gold Rocket | Satoshi Club:
Yeah😅

WSG Bernard:
There will be no changes on 1st July and to answer your question; it doesn’t really matter what supply we minted, the price correlates with the token’s supply, but we decided to do it this way since it was the “trend” and people generally like to see 1,000,000 tokens in their wallet instead of 0,0001 so that was the reason behind that.

But from the functionality of the platform it brings no advantages or disadvantages 👍🏼

D. | Satoshi Club:
For the governance you will use the same token or it possible be new one?

Anze | Wall Street Games CEO | NEVER DM FIRST:
We will use the same token 🙂

D. | Satoshi Club:
Okay, got it! thank you for clarification👍

Gold Rocket | Satoshi Club:
Thanks for your answers👏

Ready to proceed to the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Our pleasure! 🙂

WSG Bernard:
👍🏼

Q3 from Telegram user @Highpee
Wall Street Games is a hybrid blockchain gaming platform where user can earn real token rewards that are more than mere game points. However, one of the challenges faced by play to earn gaming platform is the way hackers and gamers can unfairly use automated computerised bots to manipulate their reward accrual as well as beat their opponents and gain undue advantage. How will your platform guide against this kind of situation as well as prevent any injection based exploits from external game players? And since you said community can introduce and integrate new games into your platform, how will you ensure such games are not modded with malwares than can perform underground exploits as soon as the games are started? Do you open up new games to bug detection contest before such games are uploaded?

WSG Bernard:
We are aware of this of course. First of all, the games on the platform don’t run on the user’s browsers, but on an instance on our servers, therefore any type of injection-based exploits can not happen. Secondly, we won’t be introducing games which can be exploited in the sense that the outcome can be predicted. We are going to build games that require a bit of skill, strategy, speed and also, in some cases, a small amount of luck in order to introduce that randomness which is needed to defend against bots or scripts.

The important thing here is that we are running several extensive tests before we allow the games to be played for real wagers and users won’t be able to just upload their own game scenarios. We will be testing them, approving them and we will also audit them before they even appear on the platform itself.

That’s the same we are doing now as well.

D. | Satoshi Club:
How integration process of new games will be look like? for developers, what actions should be from them to push the game on your platform?

And since we talking about security, we can’t avoid question about audit 😉😆

WSG Bernard:
There is no details regarding this just yet as we are still in our beta release. However, once this becomes an option, the rules will be presented very clearly for any interested developers. Grants will be given out to those which are accepted and possibly also game revenue sharing once it comes live on the platform.

This is in this moment just roughly described, but more information about it will be shared in the future.

We already have an audit report from QuillHash 👍🏼

D. | Satoshi Club:
Will you surprise us on July first with a new audit? 😁

Gold Rocket | Satoshi Club:
What are your results? Can you share with us? 😊

D. | Satoshi Club:
The more audits the better 😇

Gold Rocket | Satoshi Club:
Security first of all💪

Anze | Wall Street Games CEO | NEVER DM FIRST:

Yes, indeed! 🙂

Gold Rocket | Satoshi Club:
Thanks 😊

WSG Bernard:
There’s no additional audit planned for 1st July since there will be no changes to the contracts. We could consider something like that further down the line when it makes more sense and when new features are released, such as our NFT staking. 👍🏼

D. | Satoshi Club:
Gotcha.

Gold Rocket | Satoshi Club:
Btw what game do you play personally? what is your favorite game 😁

Anze | Wall Street Games CEO | NEVER DM FIRST:
I like blizzard games and csgo 😄 you?

Also on mobile, I got pretty addicted to flappy bird 😅

Gold Rocket | Satoshi Club:
Great choice😁

D. | Satoshi Club:
I played csgo in the past 👍 but now i don’t have any free time for this 😄

Anze | Wall Street Games CEO | NEVER DM FIRST:
I know how you feel 😅

Gold Rocket | Satoshi Club:
Thank you very much friends for your answers! 😃

Ready to proceed to the next question?😊

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go!

WSG Bernard:
Let’s continue 🙂

Q4 from Telegram user @DK177
According to the roadmap, you launched the platform on BSC and there is a plan to launch on other blockchains during Q4. Are there any special reasons to launch on BSC first or did you choose it just because of the current trend? Further, what are the other blockchains you are going to launch on? We can see some projects are being launched on several blockchains, but why did you postpone the launching on other blockchains to Q4? Are you going to test on BSC before expanding the project? On the other hand, why did you decide to go for those options without limiting $WSG to BSC?

WSG Bernard:
BSC was chosen because of it’s low fees, fast transactions and user base. Ethereum just wouldn’t work for the business model we are after.

Integration to more blockchains takes time, testing, money — all of this would delay our launch. BSC was the best choice.

In the future, we want to look into connecting with Polygon, Fantom and other layer-2 solutions which have even more advantages and which could lower transactions costs to the bare minimum.

Done ✅

Gold Rocket | Satoshi Club:
Very detailed answer! Thank you!👏

Anze | Wall Street Games CEO | NEVER DM FIRST:
I agree! What more do you have in store for us? 🙂

D. | Satoshi Club:
Btw on your platform players should pay any additional fees?

WSG Bernard:
There is a 5 % treasury fee on the total wager amount in the game. There’s also a 1 % deposit fee to cover the network’s transaction fees (declaring winners, claiming rewards, etc.).

Gold Rocket | Satoshi Club:
Do not doubt! our community is very curious😁

D. | Satoshi Club:
Understood, appreciate for answer! ready for the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes:)

Q5 from Telegram user @NataliyaKil
You claim that once a player makes it to the top 10, there are additional weekly rewards awaiting them! But there are four Leaderboards on your site: Daily, Weekly, Monthly, and All time. So what are the rewards players get when they get into this Leaderboard? How are these rewards calculated and paid, leaders receive them automatically in their wallet or do they need to be claimed on their own, in what currency and how can they manage their rewards? How is the place in which the player will be on the Leaderboard is determined, what does his position depend on?

Anze | Wall Street Games CEO | NEVER DM FIRST:
You get onto the leaderboard by playing games and breaking records. We have unique system that will calculate the rewards also bringing lower rewards for those how are already on the leaderboard and not improving their score. For example if a player had a highscore for a longer period of time, the highscore won’t be as valuable as it was on the beginning thus we want to incentivise the players to do better in each game played. 🙂

WSG Bernard:
Weekly rewards will not need to be claimed, they will be distributed to the user’s wallet via an airdrop distribution.

Additionally, users that play with WSG tokens will have a higher chance in the draw for the weekly rewards. More information including a detailed specification of each tier and impact on the draw will be shared in a detailed article on launch.

D. | Satoshi Club:
Rewards distribute automatically or you do it manually?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The place on the leaderboard is determined on the score achieved. Either it is a high score or the least amount of time needed to complete the game.

Gold Rocket | Satoshi Club:
Great benefit to stimulate players🤑

WSG Bernard:
We will do it manually at first, but the calculation and everything else will be done by an automated script.

D. | Satoshi Club:
Nice

Gold Rocket | Satoshi Club:
Thank you guys very much for your answers! I suggest moving on to question 6… if you don’t mind😊

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes, sure! 🙂

Q6 from Telegram user @orlemys
I read on your roadmap that you plan on launching your own NFT Collectibles right now, in Q3 of 2021. Can we have a sneak of the collectibles you will have? Is there a specific date for the launch? What method will you be using for selling and what’s the price range? Who are the artists behind them? Also, are there any plans of releasing game-specific merch or other real-life goods?

Anze | Wall Street Games CEO | NEVER DM FIRST:

Here’s a sneak peek 😄

Gold Rocket | Satoshi Club:
Wow!😍

WSG Bernard:
The NFT cards won’t have any specific prices, the market will decide how much they are worth.

There is no specific date just yet, but it will be the next thing in line after the platform launch on 1st July. We are creating the cards on our own.

They will have real use cases, including a higher draw chance in the weekly community giveaways and will also bring special titles and effects on the website!

And of course, we’d like to do real-life goodies and merch if our community will request it! 👌🏼

D. | Satoshi Club:
What means this number 7 in the top left corner? it mean he has any power in some game? 😉

WSG Bernard:
It is the tier of the card, there are several “levels” planned, each with it’s own design and features 🙂

You’ll need to “level-up” to receive higher tier cards.

Gold Rocket | Satoshi Club:
I really love nft. I am especially impressed by the fact that you put use cases into them.

WSG Bernard:
Thank you! 💪🏼

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee
You described Wall Street Games as a hybrid blockchain based game that combines OFF-CHAIN and ON-CHAIN elements. Whenever I attempt the games you currently have off-chain, a warning always appear which reads: “You have to be connected with your wallet in order to play the game”. In what way are you an HYBRID and how do you plan to combine off-chain element? Are your games only suitable for crypto gamers?

WSG Bernard:
Hello Johnny and thanks for your great question!

The game itself runs off-chain on a server instance, but the game wagers, winner declaration and distribution of tokens runs completely on the blockchain. What this means is that we never control the user’s funds as they are stored on a smart contract and not in a centralized wallet. This has huge benefits for our users with the ultimate security that blockchain brings. This is what we mean by the “hybrid” on-chain and off-chain gaming platform — the first of it’s kind.

Q2 from Telegram user @Amila19932
How to get above mentioned NFTs? Do I have to play the game and unlock those NFTs or is there any NFT trading platform to buy?

WSG Bernard:
To acquire the NFT cards, you will need to join our NFT staking pools and receive the cards in order, and then level them up to be able to join the next staking pool and so on. Playing games is not necessary to receive the cards, but has a lot of perks if you are actually using the platform. You will be able to pledge your cards and receive exclusive rewards, have unique special effects on the platform that other users will be able to see and more!

Q3 from Telegram user @Therossed
In this situation my question is :

  1. Is there any chance to get this project to be partnership with a Console platform as a Playstation, XBOX, etc or a Steam?
  2. in the future, is there any plan to doing a 1 vs 1 gaming in the same time?
  3. at this moment there’s a lot of project here and there, so what plan of WSG to approach the investors for this situations?

x Wall Street Game√

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment as these providers do not do casual, addicting gaming. On each of their platforms, the games are paid and we are not going in that direction. We want to build our own platform 💪
Yes, as we have a good retention rate on the platform and constant users, we will expand into live matchmaking.
We are aware of that, but if you look at our project and how much we have achieved in a month, you can see the difference between us and other projects 🙂 We have a long-term plan which will surely do good! 🙂

Q4 from Telegram user @andrey_seleznov
I see the WSG platform has two games at the moment, The Trader and The Coin Explorer. Those seem to be relatively simple and easy to play games. I wonder if you plan to expand the collection with more different games in the near term, do you only list your own games or the ones developed by the 3d party projects as well? What other games, perhaps more complex, blockchain and DeFi oriented games do you think can be listed on the WSG platform? Thank you!

WSG Bernard:
Hello Andrey!

Yes, as we’ve mentioned earlier, we plan to develop more games, some of them fast-paced, other ones more strategic and whatever else that we will be able to incorporate. We don’t have any specific barriers from what kind of games can be included, just that they can be played in a 1-vs-1 fashion with a turn-base system (one player first, then the other player). We will also be including games from external developers that will be interested to build game scenarios for our platform and receive grants. Thanks for your great question!

Q5 from Telegram user @doithay1617
I see “Refer a friend” in the Website, What is the commission I will get for inviting my friend to the Wall Street Games?

WSG Bernard:
As a referrer, you can receive passive income forever! Refer your friends and you will receive 0.25% from their total wager amount for as long as the platform exists and your friends play the games! This is a great way to earn some additional income as it rewards the community for bringing in a new audience.

It’s really easy to set up and everything you need to do is to share your unique referral link!

Q6 from Telegram user @Wong2008
Do you have any tutorial to explain more the games provided in your website?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes! https://wsg.gg/tutorial or you can check out our Twitter https://twitter.com/WSGToken where we also posted videos on how to play our games! 🙂

Q7 from Telegram user @Kushal85127939
Could you please share on which Exchanges Wallstreet token is alrady tradeable with good liquidity?

WSG Bernard:
Hello Kushal!

We have great liquidity on PancakeSwap, JulSwap for decentralized exchanges.

We are listed on Hotbit, Bilaxy and Bitmart.

Trading will start on Monday at MXC, so we’re very excited about that!

And there’s an additional quite awesome CEX listing announcement coming on Monday!

Q8 from Telegram user @vedamatrix
Which type of wallet should I connect to your website in order to play your games?

WSG Bernard:
Hey Morpheus!

You can use any type of decentralized wallet provider that you use on your browser or mobile device. We accept any injected web-based wallets such as Metamask, JulWallet, and Binance Smart Chain.

You can also use TrustWallet or any WalletConnect compatible wallet and there’s a huge amount of those, so you can easily access the website from tablet or mobile!

Q9 from Telegram user @Robotliker1
How much deposit should I make after connecting my wallet? What is the maximum deposit that can be done?

Anze | Wall Street Games CEO | NEVER DM FIRST:
So the minimum deposit will be 10$ and the minimum game wager deposit will be 5$. There is no maximum deposit, but the max game wager deposit is $100. 🙂

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Wall Street Games. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
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Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

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Wall Street Games Telegram community: https://t.me/WSGToken
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Website: https://wsg.gg

Community Update – Phuture Finance

Community Update

Great news! Phuture Finance has had another productive week there at Phuture. They are making progress on the product side, marketing, and ecosystem growth initiatives.

”Final tweaks are being made to the testnet as we speak. The truth is we are constantly evolving and improving previous designs and UI flows, making a conscious effort to center the experience on the user. We want to go mainstream, and for that to happen our product and messaging must appeal to both a crypto-focused audience and the broader TradFi audience. We will continue to improve and iterate on this over time.”

On the 12th of July, they will be hosting ‘The Testnet Launch Event’. More information on this event, such as time, link, etc., will be shared in a Medium post next week. The team is excited to showcase the testnet for the first time, introducing you to the Phuture team and meeting you all virtually!

”As per our previous community update, we will be making some exclusive announcements live in ‘The Testnet Launch Event’. We look forward to your reaction and shared excitement once announced. Make sure you tune in!

In the build-up to the event, we have been invited to participate in a variety of different AMA’s. We look forward to sharing details of these events closer to the time. As always, we would appreciate your support and help in letting people know about the event once the details are live next week.

On the marketing side, we have spoke with some great candidates for the Head of Marketing role, whom we will be moving to the next stage of the interview process. Once we have hired the successful applicant, we will introduce them to you all.”

The dev pipeline on the product side is stacked and they will have a stream of new feature releases and existing product improvements stretching far beyond their mainnet launch. Expect to learn more about LM program, improving the experience of creating a new index, fiat on-ramps, off-chain actors, rebalancing mechanics and more, over the coming weeks and months.

”Thank you for your support, this is just the start and we look forward to the (ph)uture.”