Satoshi Club

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 Realm and our guests were @mattlarby @Joban_T. The AMA took place on 9 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 Realm.

Today our guests are @mattlarby @Joban_T!

Matthew Larby – Realm Maker: Hey there everyone great to see you here 😃

Andrés M. | Satoshi Club: Our dear guests today are @mattlarby and @Joban_T

Joban: Hi! Great to be here 🙂

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @mattlarby @Joban_T!☺️

Andrés M. | Satoshi Club: Welcome to Satoshi Club guys😃

Matthew Larby – Realm Maker: Thanks for having us 👍

Gold Rocket | Satoshi Club: Thanks again for joining guys!

Let’s start!

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

Tell us please about your position Realm?

Matthew Larby – Realm Maker: Hey there, my name is Matthew Larby, I am the founder and CEO of Realm. I have been building with hardware and software for the last 20 years with the last decade focussed on software. 🤖

Joban: Sure! I’m Joban and I have been involved in tech startups and crypto for many years. I love building great products with super clean UX and elegant solutions. I take the role of CPO, Creative Director and have also been a CTO and technical consultant for large brands and startups.

Matthew Larby – Realm Maker: I previously founded a web 2.0 tech business with Joban:where we built an internal GPS system and an ecommerce software layer that connected people with the services that were available in the buildings they use. We eventually sold that business to a tech billionaire who had a large commercial property portfolio.

Gold Rocket | Satoshi Club: What is the essence of Realm?

Matthew Larby – Realm Maker: Virtual spaces where you can explore, transact and experience virtual assets including NFTs

We wanted to make a more immersive virtual experience than flat NFT marketplaces

done

Gold Rocket | Satoshi Club: Great background, guys! @mattlarby @Joban_T!☺️

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

Matthew Larby – Realm Maker: Thanks, the rest of the team are even better 😀

Sure so we are up to 12 engineers now, 3 blockchain specialists who have worked at places like the german govt on blockchain. 6 full stack engineers, some doctors of maths and machine learning. Then on the creative side people like Saiful who did creative for Avatar and worked at Riot games

Andrés M. | Satoshi Club:How big is it? Are you hiring new personal?

Gold Rocket | Satoshi Club: Wow! great team😊

Matthew Larby – Realm Maker: You can find more on our website. www.realm.art

Yes if you go to our website there is a careers section at the bottom. We are always looking for smart people to join us. The project is very creative but also highly challenging, we combine blockchain with essentially a game environment, audio, multiplayer dynamics etc. Say hello to us

Gold Rocket | Satoshi Club: Satoshi Clubbers! don’t miss your chance to be part of a good team!

Andrés M. | Satoshi Club: Wow, then you need experienced and prepared people, we have talented members that I’m sure want to apply😁

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

Joban: Sure!

Matthew Larby – Realm Maker: Let’s do it 😽

Q1 from Telegram user @MaxiVV

I understand that i can create my own REALM even i can combine music, art, and games to create the perfect realm, i can Plant trees to make food & feed pets too. it seems to me amazing, it’s magical all the options we have here, but it sounds a little difficult to me too. How easy is create a REALM? Does it need some special technical knowledges or can anyone do it without problems? All of this is beautiful, but i wonder where will save my microverse? Do i need an app for doing everything i mentioned before?

Matthew Larby – Realm Maker: I will let joban answer how to make a realm and I will explain that you can just explore realms and discover NFTs so you don’t need any special skills to start with Realm

Joban: Great question! So we’re working on providing tools for users of all types – we want Realm to be accessible so that some people can create super technical visions and others can choose a template and display their NFTs and socialise with their friends

For example, non-technical players can choose from several Realm templates, such as Art Gallery, Cyberpunk, Samurai to easily create their own space. For skilled creators, Godot allows us to provide advanced tools for creation. Realm will ultimately contain a fully fledged gaming ecosystem hosting features such as physics, game mechanics, and monetisation opportunities.

Andrés M. | Satoshi Club: Even non-crypto users can easily create their own realm?

Gold Rocket | Satoshi Club: great answer! By the way, I really like your design! say thank you to your designer😍

Joban: We’re working on creating simple on-ramps. Realms themselves are NFTs so there is always an element of crypto – but we will make it as smooth as possible !

Matthew Larby – Realm Maker: Yes we think everybody will have their own virtual space in the future 🥳 We are making a mobile app that is so simple you can create your own realm in a few taps.

Andrés M. | Satoshi Club: Could you share us some NFTs designs from your platform? We love digital art😃

Gold Rocket | Satoshi Club: I think this is a soft mass adoption. 😊

Andrés M. | Satoshi Club: Agree!

Matthew Larby – Realm Maker:  We are definitely aiming for mass adoption and a web 2.0 user friendly experience.

Joban:

Here’s a teaser 😉

Andrés M. | Satoshi Club: Awesome👏

Gold Rocket | Satoshi Club: It is mesmerizing😊

Andrés M. | Satoshi Club: Congrats for the designer😁

Matthew Larby – Realm Maker: The entire realm itself is an ERC1155, so you can virtually explore the NFT

Gold Rocket | Satoshi Club: Thank you very much for your answers and clarifications! Ready for the next question? 🚀

Matthew Larby – Realm Maker: Thanks, 🤗

Yes

Q2 from Telegram User @lzamg

It is known that the transactions and minting of NFTs have a big environmental impact since an NFT transaction can reach a carbon footprint of 48kg CO2, so it got my attention that you plant real trees when trees are planted in Realm. Is this your way of balancing the carbon emissions generated by NFTs? Are Realm and the technology it uses environmental-friendly?

Gold Rocket | Satoshi Club: It seems amazing to me too! you are green!

Matthew Larby – Realm Maker: Great question. We’ve spent a long time thinking about how virtual worlds can impact the real world. We are using Polygon to be more efficient when processing transactions. So for instance, a transaction processed on Polygon is about 8500x less emissions than a transaction processed on Layer 1 Ethereum.

So to counteract the small amount of CO2 we emit, we have partnered with Eden Reforestation, who will plant trees in real life every time someone plants a virtual tree in Realm.

When you plant virtual trees in Realm, they make fruit which the pets and creatures that live in realms eat. This creates an economy inside realms that also fixes the real world.

It’s very important that we become carbon neutral using these mechanisms as it helps us appeal to a broad market and also means the mainstream press will cover our metaverse.

We really want the whole world to experience Realm, not just crypto people as it makes for a strong business and token.

Gold Rocket | Satoshi Club: This is a very cool feature of your project. To be honest, I have never met this👏👏👏

Andrés M. | Satoshi Club: That’s a great strategy, what other benefits will receive the players? Is there any staking or farming feature?

Matthew Larby – Realm Maker: You can stake $REALM tokens to unlock more functionality for your realm, eg, to allow more people to be inside it at once. We also allow you to stake your NFT pet into a genetic breeding contract to make offspring. The farming will be what you do with trees and fruit…🐣🌳

Gold Rocket | Satoshi Club: Sounds great 👍

Andrés M. | Satoshi Club: Thanks for the clear answers.

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

Matthew Larby – Realm Maker: Also if your community is into free tokens then enter our allocation competition here https://gleam.io/ZJ03Q/realm-pre-ido-allocation  🥳

I am 🤝

Andrés M. | Satoshi Club: A big contest Satoshiclubbers, let’s join🥳

Q3 from Telegram User @chzrles

How many evolutions can a single pet have in Realm? It is said that Pets evolve based on realms they visit, but is there a limit of evolutions? Also, what advanced features could be unlocked through the evolutions of the pets?

Matthew Larby – Realm Maker: The short answer is infinite and that’s why it’s so important to do this on the blockchain, we literally have no idea what could come out 100 years later. @Joban_T will add more info

Joban: We looked to the concept of epigenetics for the ways in which pets mutate – they are affected by their parents genes, their surroundings, and the interactions they have. There is no theoretical limit to the impact of these, and the pet breeding and mutation is something that will evolve organically from the genesis of each pet species.

Andrés M. | Satoshi Club: $Realm tokens are needed to use the platform? Then, how we can buy the token? Where is listed?

Joban: We are using Chainlink VRF for the randomisation of values in the genetic algorithms, so that everyone can be sure that the numbers are verifiably fair.

Yes REALM is the primary utility token of the platform

Matthew Larby – Realm Maker: $REALM will be available on Uniswap and a Tier 1 exchange shortly after the IDO.

Gold Rocket | Satoshi Club: When do you plan IDO?

Joban: We will also be providing liquidity to Quickswap for our Polygon sidechain REALM – giving virtually free transactions for users 🙂

Matthew Larby – Realm Maker: We plan to IDO around the middle of JULY 😃

Andrés M. | Satoshi Club: Great news

Gold Rocket | Satoshi Club: It will be very soon! 🚀

Matthew Larby – Realm Maker: Definitely

Gold Rocket | Satoshi Club: Thank you very much for your answers and suggest to proceed to the next question🚀

Q4 from Telegram User @kimterbear

Realm features ultra high quality of graphics using Augmented Reality applied into a mobile application. By the concept, I can see it very similar to the popular game “Pokemon Go” where users travel to be able to play the game. Is it inspired by the said game? How does the game really work? Will the game be available in Virtual Reality (VR) too to further enhance user experience?

Matthew Larby – Realm Maker: We definitely like Pokemon Go and we are designing Realm to include some of those fun types of features such as interacting with an NFT in Augmented Reality. Where we differ is we are cross platform so you can play Realm on your PC or mobile. In the 2022 we will start to allow you to explore Realm using your Virtual Reality goggles, which will be next level fun

done

Gold Rocket | Satoshi Club: I’m sure this will be a revolution in this direction.🚀

Andrés M. | Satoshi Club: Amazing things are coming 🥳, what else is inside your roadmap? Please share it with us

Matthew Larby – Realm Maker: We have some surprises coming that nobody has done before with these technologies. It will 🤯

Andrés M. | Satoshi Club: Any sneak peek for our community?

Joban: Lets just say we have some super cool partnerships and exclusives coming 😉

Matthew Larby – Realm Maker: Let’s just say we will put you inside the virtual realm “literally”

This too 🐣

Andrés M. | Satoshi Club: What are your current partnerships?

Joban: We have a few that we cant announce yet – but on the technical side we have Reef & Polygon (Matic)

Andrés M. | Satoshi Club: You mentioned polygon and Eden reforestation

Joban: We have partnered with Reef Finance to build on Reef Chain, which is a substrate chain that launched last week. This is a good stepping stone to the wider Polkadot ecosystem. We are partnering with Polygon and will do most of our ETH transactions on their sidechain.

Andrés M. | Satoshi Club: We understand and we will waiting for those big coming announcements🥳

Matthew Larby – Realm Maker: Aside from technical partnership we are partnering with very popular NFT brands that have cool characters and want them to come to life in Realm

Q5 from Telegram User @yellowchamp

According to your website that we can earn $REALM tokens for mastering the realms. So for those who did not familiar about how to make a realm,do you have any tutorial video or guidelines to teach how to make a realm? Do you have any learning materials in your platform? By mastering realms,how does realms being rated inorder to earn more $REALM token? Thank you

Joban: So theres a number of ways you can earn REALM for mastering the realms – Firstly our community allocation is massive – 25% of the total supply will go to the community!  This means that we will be rewarding creators and players for creating and engaging with the platform

Matthew Larby – Realm Maker: We expect most people that interact with Realm to just be walking around people’s virtual spaces looking at their NFT art and discovering cool rare NFTs from realm eggs

For those people that want to create a realm there will be instructions on how to import 3D objects or you can just use one of our simple to use templates

 Andrés M. | Satoshi Club: How is the token amount distribution of Realm? I mean the tokenomics

Matthew Larby – Realm Maker: Community & Staking: 25%

Team: 21%

Operations: 16.55%

Product: 12.4%

Liquidity: 1%

Investors: 9.9%

Advisors: 8.9%

Partners: 5.2%

I rounded some of the numbers.

Andrés M. | Satoshi Club: And what about the security of the users, have you audited your contracts to be sure that’s funds are safe?

Matthew Larby – Realm Maker: All code goes through an internal check then is shipped to an auditer for external security check. Our audit is being sent out in a 1 week.

Gold Rocket | Satoshi Club: Thank you very much for sharing! ready for the last question of this part?

Matthew Larby – Realm Maker: yes lets do it. 🤝

Q6 from Telegram User @andrey_seleznov

Hi Realms!

Users will be able to create their own Realm where they can combine music, art, and games to create the perfect realm and mint it as an ERC-1155. Will there be limitations and copyright checks on the content users can use? If a user mints their own art or music, will they be entitled for royalties if their content is used in other realms? I am excited about your idea to plant a tree for every tree planted in Realm, this is an amazing initiative! I hope you can keep up with demand

Matthew Larby – Realm Maker: Ok this is a few questions 😎: Yes you can combine music art etc into your realm and then mint it as an ERC1155. You cannot breach copyright law and we are going to implement machine learning to highlight NFTs that are clearly copies. When we find a copy the NFT will go to a decentralised moderation panel who can limit the visibility of that art but not remove it from the blockchain

A for royalties of your own NFTs, they can be automatically split between multiple people and after multiple sales 🥳

done

Andrés M. | Satoshi Club: Well, that’s amazing, definitively your project has great fundamentals, that we call a gem 😁

Gold Rocket | Satoshi Club: Thank you very much for your wonderful answers!

Andrés M. | Satoshi Club: Thank you so much for your answers for this first part of the AMA, have been a great time for us and our members.

Now is time to proceed with the live segment of the AMA. Be ready Satoshiclubbers🥳

So theres a number of ways you can earn REALM for mastering the realms – Firstly our community allocation is massive – 25% of the total supply will go to the community!  This means that we will be rewarding creators and players for creating and engaging with the platform

Matthew Larby – Realm Maker: We expect most people that interact with Realm to just be walking around people’s virtual spaces looking at their NFT art and discovering cool rare NFTs from realm eggs

For those people that want to create a realm there will be instructions on how to import 3D objects or you can just use one of our simple to use templates

Part 2 — live questions from the Telegram community

Q1 from telegram username @JoxesXIII

How are the exhibitions going to be organized? Are the galleries always open or will they be organized through scheduled events?

Joban: Good question – a gallery owner can choose to put events on whenever they want and for as long as they want. When you purchase an NFTix it could be for a year’s entry or just for a few days or hours. You will be able to purchase tickets in our super clean mobile app.

Q2 from telegram username @Elise_04

In order to succeed, most projects aim to grow their network and collaborate with new groups. Could you elaborate on the REALM collaboration strategy?

Could you please provide us with an update on your Roadmap’s progress and the accomplishments REALM has achieved so far? Is there any information about REALM 2021 plans?

Matthew Larby – Realm Maker: Yes so we are partnering with NFT creators who have NFTs that they want to bring to life in a virtual game type environment. We are partnering with tier 1 NFT artists to give them better spaces to exhibit their work, for instance we include live audio like Clubhouse App into the realm that is displaying the NFT art.

In terms of the roadmap for 2021, we have basically finished our smart contracts, Layer 2 integrations on polygon etc. Going forward we are focussed on the simple creator tools that enable you to make realms easier, on the smart objects that enable you to monetise a realm, eg adding a virtual shop to the realm and finally on building more cool realms for people to explore and pets to find ; )

Q3 from telegram username @potentialsake

Which token do I need to have in order to get Realm NFT’s?

Joban: Realm NFTs will be available with REALM tokens, whilst some genesis pets will be available with ETH via OpenSea auctions. Later we will have NFTs on Reef chain too!

Q4 from telegram username @Eminet001

Are you legit,

What the ASSURANCE of not RUGPULL AND SCAM

HOW do we trust you.?

Matthew Larby – Realm Maker: The entire team is public, the founders worked on their last business for 6 years. When we start a project we don’t give up. We see a future where people will spend increasingly more time in virtual worlds and we want Realm to be a powerful decentralised virtual world that cannot be censored or centrally owned, eg by Epic games

Q5  from telegram username @Einsteinyl

One of the function from Realm token is about collection auctions. The method for distribution token will be creator competitions, staking and loot eggs. Actually I understand about competition and staking but what about loot eggs? Can you explain about loot eggs? And what other uses cases for Realm token?

Joban: Loot eggs have lots of uses – they can be found throughout the microverses, or you can purchase rare eggs that may contain super rare pets or other special NFTs. The eggs can exist on Reef Chain, Polygon and ETH layer 1 – and the contents could prove very valuable.

Q6 from telegram username — @costurera3000

Users can create their own kingdoms with the features they want, but do you need programming knowledge to do this? What game engine is used to create the realms?

 @mattlarby @Joban_T

Matthew Larby – Realm Maker: You will not need to know programming language, we are making smart objects that you can just drag into place and then you have the functionality. It will be as easy as fortnite to build with our creation tools. But if you are advanced you can use your existing programs and import the work into Realm via our import pipelines 🎼

Q7 from telegram username@adaatalay

 Do you have an IOS/Android phone app?

What are Realm compatible hardware for AR and VR?

Joban: Yes, we will be launching an iOS and Android app, as well as Web, Mac, PC and in 2022 VR (web VR so any compatible headset – Oculus, Vive etc)

Q8 from telegram username @Chinthaka93

“Built with Godot open-source game engine” Could you please explain about this GODOT open source game engine? What are the advantges of being built with GODOT? Could you please explain? @mattlarby @Joban_T

Joban: Godot is a powerful, lightweight, and community-driven game engine that is very different to centralised engines such as Unity and Unreal. Working  withGodot means the Realm engine is completely independent of any centralised entity who could impose censorship or control. It also is very lightweight and we can build easily for all platforms – you wont have to download a 1.5GB game file like most unity / unreal games!

Q9 from telegram username @bestQ420

Do you  have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?

Matthew Larby – Realm Maker: Yes if you own $REALM tokens every transaction will pay a % out to $REALM holders. Also as bigger realms are made we will ask creators to lock up $REALM tokens which will reduce the supply over time. The bigger we make the virtual world the more transactions and less supply = price up

Q10 from telegram username @Wong2008

Do you have already some support from strong crypto entities and influencers?

Joban:

We’re supported by some awesome crypto investors and influencers 🎆

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/Enter_Realm  

Twitter: https://twitter.com/Enter_Realm

PART 1. Introduction of Quiver Protocol project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about the first-ever decentralized protocol that collects information to make it beneficial for the community.

 Quiver Protocol is run by the information collectors, verifiers, purchasers, and the governance system.

The plan of AMA session:

1. Part – Introduction and preselected questions.
2. Part – Live questions
3. The Quiz about Quiver Protocol

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

D. | Satoshi Club – @Cool_as_Ice

The Representative of the project:

Gopher JK – @gopherjk121 – co-founder and mainly leading the development team

Introduction of Quiver Protocol project.

Mary | satoshi club:

Hello, satoshi club! We are happy to announce our ama session with quiver! Welcome to satoshi club😀

D| satoshi club:

Today our guest – @gopherjk121! Hey, welcome to our club!

Gopher jk:

Nice to meet you guys! Glad to be here at satoshi club for ama

D| satoshi club:

Nice to me you too! 😊

Mary | satoshi club:

Hello, welcome to satoshi club 👏 Gopher, we are excited to have you here today! And our community wants to know about quiver as much as possible 😀

And we will start with an introduction 😀

Gopher jk:

Ok, I will make a brief introduction about quiver and how it has started.

D| satoshi club:

Nice

Mary | satoshi club:

Sure, you read my thoughts!

Gopher jk:

Quiver protocol started from the point of view that lots of individual investors are hard to find loyal investment groups that they can collaborate on. It’s started by 3 core co-founders from a development background.

Doing investment together is the key to success, but now investment groups are not decentralized, private groups and people feel hard to reach them.

Quiver is solving critical problems that arise in uniting people into DAO based investment group.

1. Loyalty is the key in co-investment, and it is solved by the reputation management system.
2. The rewards system for DAO members and other contributors(e.g. Information providers and verifiers, internal team members) are solved by automatic fee distribution system.
3. We have teamed up with senior developers to support the development of the protocol. (Emotional NFT product shows the proof of the team’s ability)
4. We are partnering with well-known companies and individuals in crypto world.

Our current stage is to set up a DAO to build a decentralized investment protocol together. If you see who a valid member of quiver could be, we welcome him/her anytime.

Gopher jk:

Faq to understand the uniqueness of quiver protocol.

What’s the difference between quiver DAO and other DAOs?

 ⁃ everything is planned and executed by DAO (they are as high as founders)

 ⁃ DAO get full control of funds collected for protocol’s growth including seed sale funds

 ⁃ DAO members reach out investors easily to increase their network

What’s the difference between emotional NFT and other NFTs?

 ⁃ emotional NFT is a certificate of quiver DAO member

 ⁃ emotional NFT is designed to interact with an investor in real-time for their investment not just for avatar

 ⁃ emotional NFT gives you happy pricing in qstk purchase by providing discounts

What’s the difference between quiver team and other teams in general?

 ⁃ quiver team focus on real value, details, and productivity

 ⁃ focus on building unique and innovative products and not interested in forking anything

 ⁃ most of the members are from a development background

Mary | satoshi club:

When did you start to develop quiver?

Gopher jk:

Here’s a brief introduction for a general overview. The idea started 1 year ago, and we cleaned up-spec and started development in April.

Mary | satoshi club:

Thank you 👏

Gopher jk:

It has been 2 months after starting actual development.

Mary | satoshi club:

Also, can you tell our members what is your role in the quiver?😀

Gopher jk:

My role at quiver is co-founder and mainly leading the development team. One of the products we have right now is https://emotional.quiverprotocol.com

Mary | satoshi club:

How did you get involved in cryptospace? It seems you’re experienced here😉

D| satoshi club:

Yeah, our first question in part 1 about your NFTs so we will back to this  😉

Gopher jk:

Cool.

I got involved in the crypto space as a developer 5 years ago.

Mary | satoshi club:

It long time😀 as I thought.

Thank you for your intro, gopher👏

Gopher jk:

Thanks

Mary | satoshi club:

Are you ready for the first part of our ama?😀

Gopher jk:

Yes

Preselected questions about the Quiver Protoco DeFi project.

D| satoshi club:

Let’s go! Thanks for the intro!

Q1 from telegram user @imwiiw27

Quiver protocol introduces the quiver emotional NFT minter DAPP, where you can design your own NFT and give it a story. And the other is the NFT community (telegram owners). Would you mind elaborate to us what is the difference of them. And what is the role of each in quiver protocol? What benefits will provide to the user and to the community of this two NFTs?

Gopher jk:

Quiver is utilizing NFTs as team has felt the potential of NFT and designed emotional NFT DAPP to setup quiver DAO.

D| satoshi club:

So your NFT will be play important role in your ecosystem?

Gopher jk:

Yes, we have two types of NFTs,

1. Emotional NFT (active now) to provide to DAO members.
2. Informaiton NFT (to be built) to provide investment opportunities information to users as a form of NFT. This NFT proves that the provider sent the investment opportunity to information purchasers by recording the history on-chain

The uniqueness of emotional NFT is followings as mentioned in the intro

⁃ emotional NFT is a certificate of quiver DAO member

 ⁃ emotional NFT is designed to interact with an investor in real-time for their investment not just for avatar

 ⁃ emotional NFT gives you happy pricing in qstk purchase by providing discounts

We give discount rates on QSTK purchases to DAO members as they are core members who lead the community with a foundation.

The benefit of getting quiver emotional NFT is that users can become a DAO member of quiver protocol where it leads the investment of community users and work together with foundation to build the protocol.

D| satoshi club:

I like it, plenty of functions

I see your NFT sale will be last for 11 days, how many NFTs on sale?

Gopher jk:

There are 4000 emotional NFTs on sale and it is to restrict the number of DAO members to at most 4000 at initial. Voting power is determined by (number of NFTs * 200k + number of qstk owned)

Mary | satoshi club:

Where and when this sale will take place?

Gopher jk:

Emotional NFT sale is active now and remaining time to mint is 11 days, after this period, users will be able to purchase it only on open marketplaces when others want to sell e.g. Opensea

D| satoshi club:

I think I have read something about whitelist…are these NFTs available for everyone to buy?

Gopher jk:

This sale is active on https://emotional.quiverprotocol.com

Whitelist minters period is over and it’s now open to everyone.

D| satoshi club:

Oh, got it

Mary | satoshi club:

Gopher! Thank you for your answers! Ready to proceed?

Gopher jk:

Let’s preceed

D| satoshi club:

Q2 from telegram user @lzamg

Quiver introduces two erc20 native tokens: QREP (reputation token) and qstk (economy token). Some features of these tokens got my attention, for example that both are used for governance and that QREP can’t be bought. Can you please explain what are the purposes of these two tokens? How are they used and what’s the role they play within the quiver platform? Quiver users need to hold both tokens?

Gopher jk:

Qstk is much related to finance, and it can be bought. It’s quiver team’s main token that is used for coin listing on Uniswap and sale for investors and crowd.

QREP is to manage each user’s loyalty point in quiver protocol. Since quiver is building the information provider service, the accuracy and trustworthy of information is very important.

If high QREP owners provided the information, it means the information is accurate. And QREP can’t be affected by whales and it is making the protocol secure.

Quiver users hold qstk token via purchase and QREP can’t be sent or bought, it’s automatically increased by the DAO members of the community.

Mary | satoshi club:

How loyalty points can be earned?

D| satoshi club:

Did you integrate any burning mechanism in your tokenomics? And about NFTs I’m curious to ask the same, will they be burnable?

Gopher jk:

By giving correct information to the investors and when investors vote on the NFT they created.

By helping the accuracy of the information for checking the information NFT.

Reputation is increased by all the events that help the community. It’s earned by the effort put into the protocol. Fund providers will get a little but not much.

NFTs will be burnable if owners transfer them 0x0 address.

We didn’t integrate the burning mechanism on qstk so far, but it will be built if DAO wants. We are setting up DAO after the emotional NFT mint period.

D| satoshi club:

Oh, okay 😄 I thought maybe it will possible to burn them as part of some actions on your platform and get something more valuable for this 😁

Mary | satoshi club:

Thank you, Gopher, for your answers! Ready to go to the next question?

Gopher jk:

Sure.

D| satoshi club:

Q3 from telegram user @asela1112

In quiverprotocal.com I saw a new feature, called reputation-based community which will be viral in crypto space soon. Reputation cannot be priced due to the unpredictable trust of users in crypto. So how will quiver platform tokenized reputation through QREP token? As my opinion, there are a lot of scammers, spread out in the crypto space nowadays. So how do you predict the users that can be trusted 100%? Is there any protocol to measure reputation with $QREP? Which opportunities, will users acquire through the “reputation-based community” feature in your platform?

Gopher jk:

Quiver team is preparing a reputation increase/decrease mechanism and it will be similar to the reputation mechanism on https://stackoverflow.com

Scammers will be banned by the community via governance action. We have built a banning mechanism on the QREP token.

We can’t guarantee users are 100% trusted but we can ensure that high reputation users are more involved in quiver protocol to help other users and only by doing that they can get the reputation.

We save the users’ on-chain history by address and users can see their past actions and how they did earn the reputation.

Gopher jk:

By whitelisting reputation growth history on-chain, it is guaranteed that the user is loyal. And if a user makes spam he will be banned instantly by the person who make a proposal to ban the user.

D| satoshi club:

Nicely done 👍

Mary | satoshi club:

Can it be the wrong report?

Gopher jk:

The final decision is made by DAO for ban, as it’s serious.

If a person makes invalid report, the reporter will get cut on reputation.

And the reported person who didn’t make bad actions, won’t get any cut on reputation.

Mary | satoshi club:

As I know it’s always working for a small project, but are you sure it will work if you will have, for example >500k users? If yes – that’s perfect DAO😀

Gopher jk:

For big actions, it’s made by whole DAO. For small actions, moderators can make actions directly.

Mary | satoshi club:

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

Gopher jk:

For instance, if team need to ban a user with 10 QREP, only 1 moderator’s allowance is needed.

I am ready for the next question

D| satoshi club:

Q4 from telegram user @orlemys

Your main goal is to create a platform that allows for vetted, high-value information to reach the community effectively. Even if you weren’t to offer any of your other services/products, this alone would be revolutionary enough. However, this comes with many risks. Hackers would undoubtedly try to steal such info, and some of them may even succeed, successfully leaking invaluable resources. How would you deal with this? Apart from investing in top-notch security, would you consider splitting quiver into a ‘free service with limited features’ and a ‘premium unlimited service’ platform? We’ve seen suck strategy work in various industries. So, i’m curious. Is this something you’d experiment with in the future?

Gopher jk:

We are building things step by step to avoid those hacks.

1. The information is secured by the key owned by the information creator – only the users with the key can check the information. Even though the information is stored on-chain it’s not fully visible. We are making the key length to be as long as possible so that hackers can take on average 10 years to hack the key.
2. Without the services that require information daily, information providers are not incentivized, and we are building the information provider protocol and the other services together. We are making partnerships with the ecosystem projects who are focusing on investment. The other services will run by third parties. Quiver is mainly focusing on investment information provider service.
3. It’s already in plan for ‘free service with limited features and a ‘premium unlimited service’. DAO members who make investment decisions are only able to see the information. The normal users who put funds on the pool can only see the investment history after the investment is finished.
4. | satoshi club:

Do you partner with any cybersecurity firms? Who can check your platform and contract and help with security? Or do you planning to do any audits?

Gopher jk:

We got the first audit from Certik. As security is important, we are partnering with security services to get instant audits. Recently lots of audit requests are coming, and by making partnerships we can get an instant audits.

For every product we make, we are making audits by third parties before main-net to ensure community users are secure enough.

Mary | satoshi club:

Can you share your audit report with our community?

D| satoshi club:

Very nice! Audit from Certik is a warrant of security for most people in crypto  😉👍

Gopher jk:

Here’s the link for their first audit.

https://github.com/quiver-protocol/contracts-official/blob/main/audits/2021-05-20/quiver%20skynet%20scanning%20report.pdf

The second audit is going now and will be released soon.

Mary | satoshi club:

Thank you for sharing! Ready to go to the next question?😀

Gopher jk:

Let’s go for next question

D| satoshi club:

Q5 from telegram user @highpee

You decided to build your protocol on Ethereum due to the ease of smart contract development on the Ethereum network using the current prototype. However, this chain has gas and scalability issue. Since your MVP won’t be live untill later in q3/2021, will you consider running a test-net on cheaper layer 2 scaling solution such as polygon? And with regards to your own chain that you plan to launch next year, what will be the feature of the chain? Will it be a fork of Ethereum or your chain will be introducing a new blockchain innovation entirely?

Btw I remember we had one project on ama, they said they were audited by Certik, but didn’t provide any information about this, and in Certik itself didn’t hear about them 😁 do you remember? @madamlobster

Gopher jk:

Ethereum is providing a way to build faster and we are using this for MVP stage. For gas efficiency, we can use polygon to make most of the actions with less gas and regularly sync into Ethereum network by using relayer. Polygon is good for the faster actions but Ethereum is still more secure and therefore regularly synchronizing to Ethereum network helps the security.

For our own chain, we will make the gas for the actions to be entirely free. And it will be specialized and quiver’s actions like voting, information decryption …

Mary | satoshi club:

Yes, unfortunately, I can’t remember their name, but that was weird. Do you plan your own chain?

Gopher jk:

The contract with Certik is to do both 1st audit and 2nd audit together. 1st audit is a general audit and 2nd audit is a more detailed audit.

2nd audit is still ongoing and they will list after 2nd audit finalization.

D| satoshi club:

Awesome 👍

Gopher jk:

Yes, we are planning our own chain to let users not lose gas for participating in quiver’s action.

D| satoshi club:

When users be able to test it?

Mary | satoshi club:

Are this plan in your roadmap?

Gopher jk:

We are planning to give our own chain by q2 / q3 of next year.

We made a detailed roadmap for 2021 to q4 but for 2022 didn’t make a detailed plan. For 2022, created yearly plan and it will be discussed with DAO.

Mary | satoshi club:

We will wait for the updates from you🤩

Gopher jk:

Foundation is doing most of initial setup for DAO and project’s future, but detailed action and finance management will be done by DAO

We give more responsibility to DAO members and quiver DAO members get more responsibility than other DAOs – which means more decentralized community, and more rewards to DAO members.

Mary | satoshi club:

I really want to see how this will work!

Gopher jk:

We are giving the seed sale funds to DAO-managed multi-sig wallet. (it’s the first time to do this on crypto projects)

Mary | satoshi club:

Wow! Fantastic! It’s an innovative decision

D| satoshi club:

This is a sign of true decentralization 👀

Gopher jk:

We want true decentralization for all including information collection. And quiver protocol team is building an environment for that.

Mary | satoshi club:

Decentralization is why a lot of us are here! Thank you for your answers, gopher! Ready for the 6th and last question from this part?💃

Gopher jk:

Sure

D| satoshi club:

Q6 from telegram user @kimterbear

Quiver protocol’s content creation program allows users to participate in journalizing information about quiver. Articles shall be submitted with minimal standards and one of these standards is that the article is only allowed in english language. However, there are many investors around the world and not all of them knows english. Will the winning articles be available for translation in all languages?

Gopher jk:

We were focusing on English as most of the users around the world understand English. We will discuss if we need translation into other languages after the DAO setup.

Gopher jk:

If we need translation, we will have to translate all the apps to other languages as well including emotional NFT DAPP 😄

Mary | satoshi club:

Will users get rewards for participation in this program?

Gopher jk:

Yes, the article should have described the details for the content creation program. (marketing manager has wrote this). Users get qstk or usdt by the quality of the content they create.

Mary | satoshi club:

Can you share that article with us?😀

Gopher jk:

Let me get it.

https://quiverprotocol.medium.com/quiver-protocols-content-creation-program-2444e5652968

Mary | satoshi club:

Thanks! Satoshiclubbers, join😀

D| satoshi club:

Nice! Thank you! Satoshi clubber don’t miss your chance! 😊

@gopherjk121 thank you for the answers in this part! Now we are starting the most fun and exciting part of ama!

Mary | satoshi club:

Gopher, do you feel that storm is coming?😂 Storm of live questions?

Gopher jk:

Yes. I am ready for the live questions

Mary | satoshi club:

Let’s go 🚀

PART 2.Questions about the Quiver Protocol project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Quiver Protocol crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @Karoceh

How would you persuade investors to hold your tokens for the long term if I acquire your coin today?Will there be any additional advantages in the future, such as staking and farming?

Gopher JK:

Quiver team is decentralized and team is open for anyone if he/she is skilled. If you provide your proven work experience, hiring team will qualify your skills and use your service.

Q – 2 from a telegram user @Kabirkapoor9

How much Discount do you offer to purchase QSTK after having Emotional NFT? 

Gopher JK:

Users get discounted QSTK as part of emotional NFT mint, the discount rate is different by lock period.
6 months lock period, 28% discount, 1 year 36%, 10 year 44%.

Q – 3 from a telegram user @vedamatrix

Which token of you is better for long term investment QREP Token or QSTK Token?

Gopher JK:

Keeping both with a good balance will be good. QREP is your reputation and QSTK is your stock at Quiver.
If you own high QREP, people understand that you are loyal and purchase more of your information you provide. (Increases the percentage of your work to be purchased, and opportunity to be hired as internal team member)
If you own QSTK, you can get discount on information purchase and get rewards that is made from Quiver DAO’s investment.

Q – 4 from a telegram user @deleteduser

Copied question?

Gopher JK:

As a first stage, we will hire or invite analysts and form up the group. Analysts provide the pros and cons of each opportunity and the decision is finally made by the DAO who owns voting power.
At the initial stage, the analysis group will get rewards from the DAO for their effort.
After DAO start making more profits, analysis group will get % of income made from each successful investment.

Q – 5 from a telegram user @mucana

Investors are mostly trying to earn income in the short term. How do you intend to make the Quiver platform attractive to attract investors?

Gopher JK:

Some of users participate in pump-up signals to get short income – but Quiver is avoiding pump-up signals. Quiver is trying to provide only actual, potential-based investments for long term.
If users start to make income before the full product is ready, it will make the whole crypto go wrong.

Q – 6 from a telegram user @Kushal85127939

How Quiver protocol is different from Centralised investment group? What product do you offer with the help of Blockchain Technology?

Gopher JK:

Centralized investment groups are hard to reach and it’s not easy to participate. But most of the crypto users are investors, they want to invest together to make their funds more secure and manage well.
Quiver’s goal is to help the users to form up the group and do the investment together.
The product we provide is the trustworthy information verified, and DAO members manage the funds for normal users.

Q – 7 from a telegram user @xperia3

What is the Emotional NFTs? I see people can create their own NFTs as their choice and mint. Will these NFTs have a value or is it something like a badge without a monetary value?

Gopher JK:

Emotional NFTs are the certificate of DAO members. NFTs will have value and we will list the NFT on open sea and other marketplaces soon (NFTs have value by open market)

Q – 8 from a telegram user @Robotliker1

When are you going to set up DAO?out of 4000 How many emotional NFTs should I hold to be in DAO member?

Gopher JK:

We are setting up DAO after the emotional NFT sale period finish. (around 20th of June)
We will create a telegram and discord channels for DAO members only.
You need 1 emotional NFT to be a DAO member.

Q – 9 from a telegram user @Tehokjambe

Many projects only focus on the price of their tokens in the market but not on the utility of the tokens, and can your tokens deliver real value in the world?

Gopher JK:

Price of tokens are important but pump ups are not what we want. We want our QSTK token price to naturally grow. We built a mechanism for that and going to discuss after DAO setup.
The real value of QSTK token is that it’s giving a discount on information purchases and gives voting power to DAO members.

Q -10 from a telegram user @Shaa93

NFT is still quite unfamiliar to many people, how does Quiver make Quiver easier for users, both non-crypto?

Gopher JK:

Yes, NFTs are still not that familiar to many people. Most of them are thinking that NFT is just the digital art.
By pioneering the usecase of NFTs, Quiver is going to let more people around the world to know the value of NFT.
We are planning to run an education session with our users to provide the utility of NFTs.

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Quiver Protocol project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Quiver Protocol

Telegram group  | GitHub |  Tweeter  |  Website  |  Facebook  |  Medium

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 Defactor and our guests were @b1rav @CF_vila. The AMA took place on 9 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 Defactor.

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

Gold Rocket | Satoshi Club: Today our guests are @b1rav @CF_vila!

Ernesto Vila: Thank you Satoshi Club for having us

Bhairav @ Defactor: Hi everybody, thanks for having us!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @b1rav @CF_vila!😊

Mary | Satoshi Club: Welcome here, guys!

Ernesto Vila: Our pleasure!!!

Mary | Satoshi Club: How’s going?😀

Ernesto Vila: Very good in a beautiful sunny day in Barcelona

Gold Rocket | Satoshi Club: Thanks again for joining. Let’s start!

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

Tell us please about your position Defactor?

Barcelona is one of the most beautiful places on earth

Bhairav @ Defactor: We finally have some sun in London 😊

Ernesto Vila: My Name is Ernesto Vila I am a Co-Founder and CEO of Defactor, Today I am happy to be here my our CTO

my background is in logistics, supply chain and trade finance

About 3 years ago I exited a logistics company I founded back in 1998 to start developing solutions for logistics providers and international trade with the objective to digitize some of those paper intense processes.

Mary | Satoshi Club: Great experience! 👍

Ernesto Vila: Back in 2019 I took a blockchain class at Oxford University that changed everything for me. Since then we have been shifting from traditional business to blockchain solutions.

Gold Rocket | Satoshi Club: Green technologies are close to you.🌱

Ernesto Vila: Towards the end of 2019, during a conference in Vienna we saw a presentation of Maker DAO and their plans to onboard real world assets to the Maker Ecosystem

Mary | Satoshi Club: Wow, you have such courses! Awesome!

Ernesto Vila: From there we got an introduction to Centrifuge who was pioneering real world asset tokenization and we decided to do a pilot together. That was the very beginning of this journey.

Gold Rocket | Satoshi Club: They are cool guys, no wonder you were so inspired.

Ernesto Vila: I will let Bahirav introduce himself as he has the most incredible background

Bhairav @ Defactor: Thanks Ernesto!

As Ernesto says, I’m the CTO for Defactor.  I’ve been working in the tech industry for over 20 years now and I first got involved in trade finance / supply chain finance back in 2013 when I was the CTO for a global supply chain finance company

My interest in blockchain technologies started around 2016/7 when we were looking to see how we could use blockchain in financing trade around the globe but those were early days 😊

For the past year I’ve been working with Ernesto on their journey in the DeFi space and this is how we now have Defactor!

Mary | Satoshi Club: Did you find how?😉

Gold Rocket | Satoshi Club: Guys! You have a great background for starting a business. And ideas.

So… What is the essence of Defactor?

Bhairav @ Defactor: Now we certainly have, back then, things were much more difficult 😃

Ernesto Vila: The essence of Defactor is to bridge Real World companies to tap into DeFi

a lot to talk about that

Gold Rocket | Satoshi Club: Great goals 👌

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

Bhairav @ Defactor: We’ve built connectors into DeFi liqudity i.e. Centrifuge and what we will be doing over the next 6 months is building the additional tools and infrastructure to bring on additional asset originators onto the platform, we have a number of asset origination partners that we are working with and what you can expect is that we’ll be starting with invoices and then moving onto loans and eventually real estate

Of course the timeline for the different asset classes is announced on our roadmap

Mary | Satoshi Club: Can you share your roadmap with our community 😀 so, everyone can check it

Bhairav @ Defactor: https://defactor.com/product-roadmap/

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

Ernesto Vila: Yes we are

Bhairav @ Defactor: Yes indeed!

Q1 from Telegram user @pixma00

Defactor is the solution, it is an easy-to-use platform that allows real-world asset originators to seamlessly access DeFi liquidity and provide investors with insight into the underlying assets being funded. It has an easy-to-use application to authenticate and incorporate assets, allowing cryptocurrencies and trust bridges; connection to liquidity groups; protection through insurance; along with strong governance and community support. Are you stipulated to have a global launch? What are the resources that you currently offer? What are the uses of the $ FACTR token? Does this technology also apply to countries that have restrictions? How does Defactor unleash decentralized finance?

Mary | Satoshi Club: Complex question 😀

Bhairav @ Defactor: We’ll be unleashing decentralized finance by giving real world asset originators the means to gain additional lines of funding for their assets.  At the moment asset originators are struggling to gain financing and DeFi investors are looking for somewhere more tangible to put their money.  Defactor enables both sides to gain what they want

Ernesto Vila: A question of many parts

The primary function of the $FACTOR Token is to distribute value to  stakeholders.  Fees will be earned in the following ways:

Network / Application Charges

Margin on lending rates

Crypto <> FIAT spread / fees

Secondary Market fees (Early liquidation)

Non Performing Loan Management

A portion of this revenue will be used to buy $FACTR at market to replenish spending allocation buckets eg. Staking Rewards

Mary | Satoshi Club: A lot of ways to earn!

Gold Rocket | Satoshi Club: great benefits👍

Bhairav @ Defactor: With regards to technology, we’ll be open to asset originators from all countries and a number of the asset origination partners we are working with are funding companies across the globe

Mary | Satoshi Club: Where we can buy $FACTR now?

Ernesto Vila: The $FACTOR Token will also form the basis of the Defactor governance process and provide the ability for stake holders to propose, vote and approve items to move the project forward.  One key one will be should defactor.finance open to allow investors participate directly in deals generated by the network.

Mary | Satoshi Club: How ordinary users can participate in Defactor?

Bhairav @ Defactor: Private fundraising is currently underway, we’re planning a public IDO launch towards the end of July

Gold Rocket | Satoshi Club: Wow! Really soon🚀

Mary | Satoshi Club: It’s near😉 do you already know details?

Ernesto Vila: The users can participate in the Staking Pools

and Governance of the protocol

Mary | Satoshi Club: Gotcha 😀 hope we will be able soon

Gold Rocket | Satoshi Club: Does community activity affect the final product?

Bhairav @ Defactor: Details will be coming soon 😊  The private sale is going well, we have reached our softcap and are motoring towards our hardcap target

Gold Rocket | Satoshi Club: Don’t forget to share with Satoshi Clubbers😊

Bhairav @ Defactor: We definitely won’t 😊

Gold Rocket | Satoshi Club: Thank you very much for such an extensive answer! ready for the next question?

Ernesto Vila: Yes, the community will be able to vote to accept new asset classes or new asset originators and even different territories

Bhairav @ Defactor: Fire away!

Q2 from Telegram user @Highpee

One of the problem of onboarding asset originators is the difficulty in assessing known and unknown credit risk. To solve this, Defactor will introduce a Credit Assessment Risk Score to determine the level of funding available against an asset. Can you explain the differences between the Supplier Concentration limit and Debtor Consensus limit and how they interplay to arrive at a credit rating that is indicative of the funding risk of an asset? What invoice size limits are considered before the protocol will release the collateral NFTs to the pool for funding? In what way will you monitor the funding history to be sure that funding is in tandem with an asset pool credit rating?

Bhairav @ Defactor: So it is important to split out a couple of things here

For an individual asset there will be credit risk analysis performed – the asset originators themselves will have their own risk scores (those that are already providing funding) and Defactor will also perform risk analysis

For limits such as supplier concentration and debtor concentration, they will be set by the funding pools themselves and Defactor will enforce those rules.  Invoice size limits will depend on the pool, but generally there would need to be some meaningful yield generated on an asset in order for it to go through the process

Mary | Satoshi Club: This pools will be on Defactor platform?

Bhairav @ Defactor: Defactor will also be doing due diligence on the asset originators themselves and their practices, finally as we will be tokenizing the assets and regulating the flow to the pools, we’ll be keeping a track of the funding history to ensure that any limits set, aren’t broken

Bhairav @ Defactor: Initially we’ll be using pools made available via Centrifuge

Mary | Satoshi Club:  Gotcha!

So how will the process go? Starting with the infusion of funds and ending with their withdrawal?

Bhairav @ Defactor: Ernesto will take this one

Ernesto Vila: Right now we are connected to Centrifuge, so once an asset has passed the risk assessment is then minted and the values of it made into an NFT, this NFT is the collateral place on the liquidity pool to obtain DAI and finance the transaction

In the case of Trade Finance we are also taking the physicals underlaying goods been transported as collateral for the transaction

Mary | Satoshi Club: Nice system! It seems simple and secure 👍

Thank you for your answers, guys! Are you ready for the next question?

Ernesto Vila: Yes we are!!!

Bhairav @ Defactor: Yes!

Q3 from Telegram user @Asela1112

$FACTR will affect directly in the sustainability of the network and community due to the native token of Defactor platform. What are the privileges that can be aquired not only for $FACTR holders, but also for the Defactor platform by using the $FACTR as native token? I heard about voting system in your platform. So what kind of oprations, Can $FACTR holders vote? What about the whales of $FACTR? Will there be not any special offers for them in Defactor Platform?

Bhairav @ Defactor: The kinds of operations we are looking at making part of the voting system are the onboarding of new asset originators and entering into new territories

As mentioned the token will unlock access to the tools and services on the platform but it will also be used to incentivise asset originators

Gold Rocket | Satoshi Club: Which feature is your greatest pride? 😊

Bhairav @ Defactor: A difficult one to answer, we’re proud of everything – but what I would say is that as we have seen first hand what it takes for asset originators to integrate into DeFi liquidity and by bringing down the barriers we can really make it easier for companies to obtain funding

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

Bhairav @ Defactor: What is even more exciting is

Q4 from Telegram User @kimterbear

Defactor is initially released in Ethereum Network due to the fact that its liquidity providers are in the ssid network as well (Centrifuge and Maker) However, with Ethereum issues regarding its high gas fees, people are less likely to adopt in this network despite its superiority as a blockchain. Do you also have plans for cross chain to incline with mass adoption? What steps do you plan to do in order to convince people that Ethereum or not, $FACTR will be worthy to buy?

Bhairav @ Defactor: Yes we do, as mentioned we are currently plugged into Centrifuge but they are also building out on Polkadot and we will follow and as liquidity pools that we are able to tap into emerge on other chains, we will be building bridges into them

Mary | Satoshi Club: You will have your own bridge, right?

Bhairav @ Defactor: This is the plan at present

Mary | Satoshi Club: And, as i understand you will follow Centrifuge? If they will add more blockchains you will do the same?

Gold Rocket | Satoshi Club: Whoever owns cross chain bridges today owns the crypto world 😁

Bhairav @ Defactor: As one of our partners we will certainly work with them to ensure we can access funding for our asset originators, as other pools become available to us, we will also be working with them

Mary | Satoshi Club: Thanks! That’s clear! Next question is also connected with your partnerships 😀 are you ready for it?

Bhairav @ Defactor: Go for it!

Q5 from Telegram User @NataliyaKil

ConsolFreight and Centrifuge were the first strategic partners and early adopters of the Defactor platform. You are currently also partnering with LendWise, Accelerated Payments, iHuddle and Black Manta, which add more value to the Defactor ecosystem. What development prospects do I have for Defactor thanks to these alliances, and what does the Defactor platform give to its partners that other similar platforms do not have? What makes you different from others? What other collaborations are expected in the near future?

Bhairav @ Defactor: That’s a great question

There are a few angles to this question so first

Accelerated Payments, Lendwise, iHuddle all give us the opportunity to scale the platform quickly but in a controlled manner.  Each of those companies is looking for additional liquidity to fund deals they already have going through their platforms

Defactor gives them the ability to grow not in just funding volumes but to open up new territories

 For example, Accelerated Payments can expand the dollar financing they already provide in Africa

Lendwise is able to fund more student loans

We will also be partnering with non-asset originating partners so expect some more collaborations announced with more operational and strategic partners

Mary | Satoshi Club: Great opportunities for both of projects!

Ernesto Vila: In the case of Consol Freight we will allow them to expand their market reach by implementing the tools for them to onboard more logistics providers to their platform and expand beyond the 49 countries they have presence on

Mary | Satoshi Club: What about your future partnerships? Which direction you’re looking at?

Bhairav @ Defactor: They will be more operational and strategic i.e. insurance is on our radar and we are already talking with potential partner around how we can bring this to the platform

Ernesto Vila: We are currently in conversation with well established factors that are looking to expand into US$ denominated jurisdictions

Gold Rocket | Satoshi Club: Thanks for the great answers! Ready for the final question of this part of the AMA? 🚀

Bhairav @ Defactor: Definitely!

Ernesto Vila: Yes we are!!

Q6 from Telegram User @Jonahapagu

Going through some of the components of Defactor, i came across the “Deal Liquidator” which is said to be a secondary market where investors will be able to release liquidity by trading their investments, and that this will also be used to liquidate any deals at risk of non-performance through a partner network… How does this secondary market work, againt what will investors be trading their investments for in the Deal liquidator, What partner networks will Defactor be using for the liquidation of deals, and how will Defactor liquidate deals considered to be at risk of non-performance usign the deal liquidator and a partner network…

Bhairav @ Defactor: That’s another great question

The idea behind the secondary market is for us to allow investors to sell a whole or part of their investment if they have the need to liquidate, this is further down in our roadmap at present as we are talking to a potential partner regarding this

For non-performing assets we again are working with partners to either collect on the debt owed or sell the for any non-performing assets.  It should be noted that the asset originators we are onboarding currently, do have their own insurance and collections process to mitigate the risks for investors

Gold Rocket | Satoshi Club: Sounds good 👍

Thank you very much for your answers! it was dynamic and very interesting! 👍

Please share useful links with Satoshi Clubbers before opening the chat😊

Ernesto Vila: Please follow us at https://t.me/defactor_official

Bhairav @ Defactor: Our website where you can find a link to the whitepaper: https://defactor.com/

Twitter: @defactor_

Mary | Satoshi Club: And i know, that our community is excited for the next part of our AMA! Live part!

Part 2 — live questions from the Telegram community

Q1 from telegram username @mucana

Defactor’s target audience is businesses. How will the solution be for countries where English is not well understood? Do you have local community initiatives?

Ernesto Vila: Thank you @mucana for the question, communities are very important to the success of Defator, as mentioned before our of our initial assets originators is on International Trade Finance, by definition the product is very international where most goods are manufactured in China and shipped to the Americas and in both sides of that equation they need financing so we are translating elements of the UX in mandarin and Spanish witch makes up for the biggest % of languages spoken, and we expect to rech different makets with the help of our community

Q2 from telegram username @rockmorti

Will De Factor add to its protocol the opportunity to be governed by its own community, whether through DAO or other systems?

Ernesto Vila: Yes, through a DAO

Q3 from telegram username @messilolz

 many projects gets failure due to team mistakes and abandon later .  How big is you team and how well experienced  team you are?

Bhairav @ Defactor: Thanks for the question @messilolz

The core team at Defactor is very experienced, we’ve built and scaled companies all over the globe and are supported by some very experienced advisors and blockchain professionals.  I think the key for us is that we have been actively involved in the finance / trade finance space for a number of years and have seen first hand how asset originators work and the struggles they face obtaining finance. 

We also understand the challenges with regards to DeFi and connecting into liquidity pools.  All of this experience helps us build the right tools to unlock DeFi for real world asset originators and we are not ones to run from our mistakes 😊

Q4 from telegram username @KYCDONA

Do you have a Token Burning plan to increase Token value and attract Investors to invest?

Ernesto Vila: We wont have a token burn, instead we plan to deploy capital from the treasury to buy back $FACTOR tokens to be place on the staking rewards and create a circular economy where the value of the token always increase as more asset originator need them to access the platform

Q5 from telegram username @andrey_seleznov

 🙌💎Hi Defactor!💎🙌

I’m very interested to learn more details about Defactor Crypto <> Fiat Bridging. Can you share the specifics on how it will work? Will it be accessible globally across the different countries? What fiat currencies will it support and what payment methods will be available to users? Thank you!

Bhairav @ Defactor: Hi @andrey_seleznov, thanks for the question

DeFi and crypto bridging is obviously a crucial part of this and again we are talking with a number of partners in this space to ensure that the conversion of stable coin to fiat is smooth, cost effective and most importantly – speedy.  The asset originators we are partnering with require EUR, USD and GBP, however the initial focus will be on USD as that is what most international trade is funded in

Q6 from telegram username @Arisabela

 I see Defactor is focusing its attention to Real World Asset Originators that are onboarded to the DeFi ecosystem, can you explain what are these actors and why are you focusing your solutions on integrating them to the decentralized finances?

Ernesto Vila: Indeed, we are focusing in the RWAO as there is a real need for financing in the “real world”. For example, Trade Finance a critical financial service for the international commerce is at its lowest due to Covid-19 and other issues in the market. In 2020, the service gap was $1.5T, the expectation is that post Covid-19 the service gap will be between $2T and $5T. This situation is a perfect opportunity to position DeFi as a true competitor in the financial sector and service the need for liquidity of not only traditional players in the financial market, but also allows for new business opportunities based on this new digital economy. Furthermore, DeFi protocols are now starting to onboard RWAs to their portfolios; an example of that is MakerDAO, which is currently onboarding RWAOs to stabilize the asset prices locked in their protocol. 

Considering these factors, it is clear that scalability for RWAs in DeFi is required.

Q7 from telegram username @Alex_dro_Alax

What are the ways that generates income/revenue to maintain your project and what is its revenue model?also How can it make benefit win-win to both invester and your project ?

Bhairav @ Defactor: Thanks for the question @Alex_dro_Alax.  Revenue from the platform will be generated by fees for access to the liquidity poolsr as well as revenue generated from the yield produced by the underlying assets.  As part of our roadmap we will be offering more services (such as insurance as I mentioned) which will also be revenue generating

Q 8 from telegram username @alptrader

Are your all team members in Barcelona and London? Do you have any other places where your other members are?

 Ernesto Vila: Our team is very diverse been the majority of them in Ireland, but we have members in the US, UK, Spain, Hong Kong and India

Q9 from telegram username @MaxiVV

 When you say that DEFACTOR is the bridge between traditional and decentralised finance. What are those features are you merging of both? People are here in the crypto world because is tired about the traditional finance. How do you make an innovative idea to attract users to this kind of bridge? and how this idea helping to improve the problems as scarcity of expertise, highly complex, high cost of scaling and risks unknown?

Bhairav @ Defactor: Thanks for the question @MaxiVV

What we mean by acting as the bridge is that we will be the connecting platform between traditional finance and DeFi.  Large asset originators like the partners we have, struggle to obtain funding through traditional methods because banks aren’t lending at the scale that is needed and haven’t been doing so for a while.  If you look at certain geographies banks have been pulling out of certain activities like trade finance and this is a big problem for SMEs that are looking to grow

DeFi lenders may well be tired of traditional lending but yield farming between different crypto currencies is also unsustainable.  We provide real world assets that DeFi investors can put money into and importantly they can see that their money is being used to fund real things and have a real impact to businesses across the globe

We are making it easier for companies to get access to the liquidity – they won’t need their own tech team or to invest time and resources into building their own connectors

Q10 from telegram username @vedamatrix

 I didn’t see any NFT features on the project what do you think about NFT’s and any plans for it?

Bhairav @ Defactor: Hi @vedamatrix, NFTs are an integral part of Defactor. We are using NFTs to digitise assets and use this digital representation of the assets as collateral. From that point we are surrendering the NFT and obtaining funds for the Liquidity Providers

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/defactor_official

Website: https://defactor.com/

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 Moonkat Finance and our guests were @simbamoon and @cryptolord44. The AMA took place on 9 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

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

D. | Satoshi Club: today our guests – @simbamoon and @cryptolord44 !

hey guys, how is it going?

simba: Awesome 🤘

Trust you doing great likewise ?

Mary | Satoshi Club: Welcome here😄

simba: Thank you for having us here😊

Meowsie: Hi 🙋‍♂️

Mary | Satoshi Club: We are great and want to know about Moonkat Finance as much as possible!

Meowsie: Thank you for having us

Mary | Satoshi Club: Hello, happy to see you here 👍

Let’s start our AMA 🚀

Guys, please introduce yourself and tell us more about Moonkat Finance 🎉

Meowsie: I’m known as Meowsie in the community a data Analyst and blockchain enthusiast

Excited to be building the future of Defi at MoonKat Finance 😊

How did you get involved in cryptospace?

simba: I’m known as Simba, I’m a creator and an innovator with a background in  Engineering and blockchain enthusiast been involved in this space for 5 years now

Mary | Satoshi Club: Long time here👏 sure, your experience will help!

So, what is Moonkat Finance?😄

simba: Definitely, I hope to invest my wealth of knowledge and experience into MoonKat😊

Mary | Satoshi Club: 👍

simba: Moonkat is a yield generation platform built on Binance Smart chain to reward token holders in $BNB while increasing in both liquidity and value, it does this by applying a 6% tax per transaction  (buy/sell/transfer)

Mary | Satoshi Club:  How old is Moonkat Finance? When did you decide to build this project?

D. | Satoshi Club: Moonkat was inspired of some other projects? in crypto

simba: I have always been fascinated with Defi and what it has to offer,  started planning late last year but I wanted to be certain I have the right team first, so we kicked off April this year and we having our presale tommorow

D. | Satoshi Club: [ 👍 Sticker ]

Mary | Satoshi Club: Gotcha 👍

simba: To be honest we aren’t the pioneers of defi and have seen so many projects get it right and so many get  it wrong, we’re inspired by the success of most  and challanged by the failure of others. We intend to right most issues plaguing most defi platforms, one of which is inflation.

Mary | Satoshi Club: Honest answer, we appreciate your affords!🙏

D. | Satoshi Club: got it, thanks for answer 😊

Mary | Satoshi Club: Thank you for your intro! Are you ready to start with the questions from our community?😄

simba: Ever ready💪💪💪

Meowsie: Born ready

Q1 from Telegram user @xperia3

Can you please tell about the team of Moonkat Finance? How experienced is the team and how did you become together for this project? Do Moonkat team have an intention to stop being anonymous? Don’t you think being anonymous have some disadvantages since market is full of scam projects? Won’t this make investors doubt on Moonkat Finance? How will you build a trust between Moonkat and investors?

Meowsie: Our team is made up of 4 professionals who are enthusiastic about crypto currencies. Currently we have 2 experienced developers that work on all our technical aspects, smart Contract, Website and DApp.

We have received serveral concerns about being anonymous, however, The team has plans of becoming fully doxxed once we are certain our model works.

We are currently focused on working hard and continuously introducing new developments in the yield generation space .

Mary | Satoshi Club: What will be the signs for you that your model works?

simba: Great question,

Our team is made up of 4 professionals who are enthusiastic about crypto currencies. Currently we have 2 developers that work on all our technical aspects, smart Contract, Website and DApp,

We have our lead marketer, we also have a creative designer that helps provide innovative designs to keep us going forward. Most of the team members have been around the crypto space for no less than 4 years.

Most of the team members have worked together in other successful projects which we complemented well. However, we haven’t launched any public project in this space, especially at this scale.

More than anonymousity, what matters is being able to deliver over time, Bitcoin being the lead crypto currency by market cap is still an anonymous project😊

However we do have KYC in view with trusted partners in the defi space.

Once we able to deliver on our goals and timelines, the trust will be built plus we are Community centred and have very little control of the platform tokens.

D. | Satoshi Club: understood, thank you for answer!

Meowsie: Our current usecase is rewarding holders of MKAT with BNB rewards weekly without increasing the circulating supply of our native token like most Defi projects

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

Meowsie: Yes please

Q2 from Telegram user @Asela1112

Moonkat Finance will launch presale on 10th of June 2021. What is the percentage of $MKAT, that allocated for the presale? How can we participate in Moonkat presale? What is the Hardcap & Softcap in presale?what is the $MKAT Price in preasle? Some of Defi platforms burn their tokens if tokens were remained, even after presales in order to incentive their token holders. Will there be a such a protocal in your presale? Please provide more details about your upcoming preasale.

Meowsie: Thank you for your question

The presale will be carried out on our platform because we need to vest some initial tokens.

Soft cap: 250BNB

Hard cap: 578BNB

Regarding Burning of tokens , yes we will burn 10% of tokens at launch

Kindly check the medium article for the upcoming presale and Tokenomics update

https://link.medium.com/4yse0gkGWgb

Meowsie: https://cutt.ly/qnTT3Oh

D. | Satoshi Club: thanks! so it will be your first presale?

Mary | Satoshi Club: So, why you need to burn tokens? Also, what will you do if all tokens won’t be sold?

Meowsie: We sold out our in house private round , Hard cap- 66BNB

So this is presale , then launch comes after

Meowsie: To maintain a healthy Token price

D. | Satoshi Club: so the some part of your tokens are already bought in private round? am i right?

Meowsie: Yes please

Mary | Satoshi Club: Thank you for your answers, guys! Ready for the next question?

Meowsie: Born ready 🐈

Q3 from Telegram user @Arisabela

From what I could read, Moonkat offers a service to earn BNB passively, so I wonder, what are the benefits of rewarding your holders with BNB and not with your native $ MKAT token? How is this good for the sustainability of your project and are there other possible uses for the token?

Meowsie: Once we reward our users with more of our native tokens it would lead to increased circulating supply , leading to inflation, I can cite a few projects having this particular issue.

Our model ensures that a percentage of our tokens are removed from the circulating supply with each transaction .

D. | Satoshi Club: how this passive income will be work? do users just need to hold tokens and thus they will able to earn BNB?

Mary | Satoshi Club: Where will you get BNB to pay rewards?

Meowsie: Yes please!

So there’s is  6% tax per transaction 

2% goes to providing liquidity

4% is used to buy BNB and distribute to holders of MKAT weekly

Mary | Satoshi Club: Nice model! Hope it will work perfectly!

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

Meowsie: We are almost certain it will 😁

Yes please!

Thank you 🙏🏽

Q4 from Telegram user @surendra040

One of the best features I have seen on your project is anti- pump – dump- exit whales . How does this works ?In the other hand how will you make sure your anti pump – dump – Exit whales will prevent to attract large investors and get on your project ? What are your plans to attract new investors and grow your projects in the long run?

D. | Satoshi Club: btw dev’s wallet also will collect rewards from all transactions?😉

Meowsie:  Yes the anti pump – dump is put in place to checkmate pumping and dumping of MKAT however whales deem fit.

So all buy/sell transactions greater than 0.1% per transaction of the supply would be rejected . If whales want to buy , they can still buy multiple times and get appropriate tax too

We also have an NFT generator to be released in 3rd quarter, where users will be able to mint NFT backed by real world product, while I can’t provide much information on it right now, but I promise it’s going to be a game changer

Meowsie: Yes, Devs can also collect their BNB. This is an incentive to keep us working hard and creating a long term project.😁🐈

D. | Satoshi Club: thanks for the answers! 👍

Q5 from Telegram user   @imwiiw27

One of the exciting features of Moonkat is the Moonkat NFTs, and the superb use case enables all kitty lovers to mint unique NFTS for their pets, print and wear on their cats. These Cards can be further traded on the platform. So can you tell us how this NFT works? And how will you promote this NFTs to the kitty loverz? And Do you have any particular organization for the charity?

Meowsie: While the NFT generator is still in the Testing phase ,

Every MKAT holders will be able to create an NFT token backed by a real-world product featuring their art, meme or logo . The NFT generator allows you to create over 20 different products such as: T-shirts, sweatshirts, caps and many, many more!

Thanks to our generator, we will be able to easily create real NFT collections for our  community.

More developments would be updated in your community

D. | Satoshi Club: thanks! i want to ask question about security of your project. did you pass any audits? if not, do you plan to do so, before the launch?

Meowsie: We have an ongoing full audit & publishing with Tech Rate, should be available before the presale

D. | Satoshi Club: nice

will your NFTs appear on Binance NFT marketplace?

Meowsie: It will tradable on any binance smart chain market place

Mary | Satoshi Club: That’s great 🤩

D. | Satoshi Club:  [ 👍 Sticker ]

Q6 from Telegram user   @sofiaisla

On your website you mention the Kitty Foundation and talk about the harsh treatment poor kittens receive around the world, especially the physically deformed ones. Will this foundation offer any other services to help kittens in this situation besides donations? And regarding donations of funds that will go to different feline charities around the world, could you tell us when you plan to do this? Could MoonKat users help raise funds for the Foundation? If so, how can they participate?

Meowsie: We believe making it voluntary to the MoonKat community , cash donations can be easily sent to partner organizations and they’ll channel the funds how they want to

So, will you donate or you want your community to donate themselves directly to partner organisations?

simba: We will have a collection Wallet which funds will be sent weekly to partner organisation with proof of transaction published weekly

Mary | Satoshi Club: Gotcha!

Thank you for your answers!

D. | Satoshi Club: that’s fair

Mary | Satoshi Club: And now we came close to the live part of our AMA 🚀

Part 2 — live questions from the Telegram community

Q1 from telegram username @jasontr4

Does your project support staking program?if yes. how is your stake system work, what is the requirement for user if they want to stake in your platform?

simba: We don’t have a lock up staking model, you only need hold and claim your BNB Rewards weekly from the DApp on our platform

Q2 from telegram username @vedamatrix

With the NFT generator can we only create Kitty NFT’s or is it allowed to create other NFT’s too?

Meowsie: Hi

No you can create other NFTs too

Not just kitty centric items.

over 20 different products such as: T-shirts, sweatshirts, caps and many, many more!

Q3 from telegram username @Mjwillameee

Questions deleted by user

Meowsie: We have an audit in progress with Tech rate. Should be available before the presale .. kindly stay glued to our platform for more details

Q4 from telegram username @Mclyeree

Questions deleted by user

simba: Our smart contracts have been compiled by the latest and most secure Version available. We also intend to partner with top cyber security firms in the coming days.

Q5 from telegram username @cryptoneco

Is there a minimum amount of tokens $MKAT holders must hold to receive $BNB? Why did you adopt this kind of model, won’t you use the STAKE mechanism?

simba: No minimum amount, Every holder is eligible and our model is more safe and secure compared to regular staking model

Q6 from telegram username @nitrogenpower

On your website it says you need to connect wallet to use metamask. Why metamask and isn’t it possible to use other wallets?

simba: Metamask is for the demo, other wallets will be compatible at release.

Q7 from telegram username @Cryptoo347

#MKAT team has made it clear that they are in no way a meme token. But chances are high that the Project can be misunderstood as one. Though it’s very clear from the white paper, what are the main points the Team think that makes the MoonKat project an unique one and distinguishes from other meme projects !?

simba: 1)We believe  we can provide a much better user experience and utility through our DApp and make it easier for main stream adoption of Defi

We also have our NFT Generator coming in Q3:  20% of the earning will be added to the reward pool while 30% will be used for buy-backs that will be burned.

2) compared to other meme like projects we have been able to reduce our tax to a moderate 6% since we have other revenue models alligned in the near feature .

Q8 from telegram username @NicoNicoNamo

 Your vesting policies is great i know, but this thing is like a handcuff to your investors. You want our full trust on this and we will but can you give us some key points why we can trust you with our investments?

simba: It’s not an handcuff, it’s rather a gift, if you thinking long-term and going through our AMA recap and checking our traction this far, should give you all the key points to make your decision.

Q9 from telegram username @Arisabela

 I saw you’ll be doing an upcoming pre-sale on June 10th, and there will be 30 posts for whitelist just for influencers with more than 4k followers from Youtube, Twitter, Telegram, Tiktok and Reddit. This sounds a bit exclusive since most crypto users are not influencers, why give this benefit to them first? Will there be a fair whitelist opportunity for others?

simba: The 30 slots is less than 5% of the entire whitelist, so everyone has a fair chance, it’s not exclusivity, it’s just Marketing with leverage

Q10  from telegram username  @Alika061

Where can I get the latest information, what social media can I follow to get the latest #MoonkatFinance information?

simba:

Telegram Announcements: https://t.me/moonkat_finance  (This channel)

Telegram Community: https://t.me/moonkatfinance

Twitter: https://twitter.com/moonkatBSC 

Medium : https://medium.com/@moonkatfinance

Website: https://MoonKat.net

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 Community: https://t.me/moonkatfinance

Twitter: https://twitter.com/moonkatBSC 

Medium : https://medium.com/@moonkatfinance

Website: https://MoonKat.net

We are pleased to announce our next AMA on June 15th 2021 at 01:00 PM UTC Time: Satoshi Club x Waivlength

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

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

Part 3: 300$ – A quiz about Waivlength

For more details:
Waivlength Website – waivlength.io
Waivlength Telegram – @waivlength
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 12th 2021 at 01:00 PM UTC Time: Satoshi Club x Payr

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

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

Part 3: 300$ – A quiz about Payr

For more details:
Payr Website – payrlink.com
Payr Telegram – @payrlink
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Tinville and our guest was @Doctordock, @Outis_Los, and @jlpz88 – representatives of Tinville. The AMA took place on 5th 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 Tinville.

Andrés M. | Satoshi Club:
Let’s give a warm welcome to our guests:
@Doctordock
@Outis_Los
@jlpz88

Alex (Will never DM first):
Hey everyone 😁👍

Jeff L | will never DM first:
Hello everyone!

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @Doctordock @Outis_Los @jlpz88!

Andrés M. | Satoshi Club:
Welcome to Satoshi Club guys, how is going your day?😁

Outis || will not DM first:
Hi everyone day is good great to be on

🙂

Alex (Will never DM first):
Thank you for your time . Its been a really busy day. We have announced that our first IDO is launching in the next 6 days. So exciting stuff😁

Jeff L | will never DM first:
Thank you guys for having us. Day is going great,

Andrés M. | Satoshi Club:
Happy to know it!

Gold Rocket | Satoshi Club:
We are very glad to conducting AMA with Tinville!

Let’s start!
Introduce yourself, please. How did you get to be involved in crypto & Tinville?

Alex (Will never DM first):
Great to be here.

So i will start.

Alex (Will never DM first):
I have been in the crypto scene for the past 3 years. I became involved in Tinville project through my best friend who is developer. When he pitched the idea to me. Of a place where crypto enthusiasts and non-coiners could invest their money safely. I wanted to be involved.

Gold Rocket | Satoshi Club:
Sounds good👍

Alex (Will never DM first):
Thanks

Jeff L | will never DM first:
Hello my name is Jeff, I’ve been in the crypto space since 2017. I came on board with Tinville project thru a good friend of mines as a Media manager and once I heard what Tinville was all about I knew I had to be part of this great team!

Gold Rocket | Satoshi Club:
Great path to the team👍

Outis || will not DM first:
Hey Guys, been in this space for a while now and introduced by my brother and when i started just like many other enthusiasts

I became hooked loving it!

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

Like we all are here😃 cryptans 😉

Outis || will not DM first:
😎

Andrés M. | Satoshi Club:
In a nutshell, what is Tinville?

Gold Rocket | Satoshi Club:
Yes! What is the essence of Tinville?

Alex (Will never DM first):
Basically we aiming to be a one stop shop for defi

Gold Rocket | Satoshi Club:
Well … sounds promising.

Outis || will not DM first:
The industry refers to the cryptocurrency industry. The network part refers to us and our network and partnerships that have been built within the DeFi scene. Village is the community that we have and will look to serve and build.

Our objective is to be your one-stop shop for decentralized finance and create an ecosystem with TinV as the governance token.

TinV is a deflationary token with a 5% redistribution mechanism. This redistribution works out to be 2% to holders, 2% to liquidity floor, and 1% burn.

Allowing governance token holders to be rewarded by holding, whilst promoting organic growth. We aim for TinVille to be an experienced investors’ dream whilst bringing ease and clarity to a new investor

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 Tinville?

Great answer! Thank you! 👏

Alex (Will never DM first):
On our website, there is the roadmap which lays out all our plans. we are currently ahead of schedule by two months

Alex (Will never DM first):
As we have already launched our farm

Gold Rocket | Satoshi Club:
Please share this with Satoshi Clubbers🙏

Alex (Will never DM first):
Ok one sec.

Gold Rocket | Satoshi Club:
Excellent result👍

Outis || will not DM first:
We have also started a launch pad which is currently about to launch our first IDO. Which focuses on low cap projects. We are currently working on marketing within our own cities. As our team is from Australia, England and the United States of America we have a broad reach around the globe and will be looking to market within our own areas to gain adoption outside of the crypto space.

Andrés M. | Satoshi Club:
After that we will proceed with our community questions. Thank you so much for the introduction.

Alex (Will never DM first):
https://tinville.finance/road-map.html

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

Gold Rocket | Satoshi Club:
Thanks for sharing!

Alex (Will never DM first):
No thank you.

So our next major milestone will be vaults and borrowing and lending protocols

Outis || will not DM first:
🚀🚀🚀

Gold Rocket | Satoshi Club:
😎 awesome!

Andrés M. | Satoshi Club:
Passive income platform, we had several questions about it on the website😁

Well, let’s continue.

Q1 from Telegram User @doithay1617
Tinville Launchpad is one of the main products of Tinville, can you introduce some outstanding features of Tinville Launchpad to the Satoshi Club community? Why did Tinville Launchpad choose fundraising on the Binance Smart Chain instead of Ethereum or Polygon,…? I see Tinville Launchpad has 4 level tier for users: Silver, Platinum, Gold, Diamond! Why should users join these 4 levels? And what are the conditions for users to join it?

Outis || will not DM first:
We decided to choose Binance Smart Chain because first and foremost we considered Binance the most suitable for our community. Our team took into consideration our target market that were not only people within the space of Defi already, but also the new investor looking to get involved in crypto. Before our launch on TinV it was considered one of the fastest growing ecosystems with low gas fees. Launching on Binance also would have many benefits considering the barrier to entry into a project like TinVille is more affordable to most people in crypto and quite user friendly if people could be directed on how each part of our ecosystem functions.

The different levels provide different benefits such as guaranteed allocations to BSC gems such as our first IDO COVID Crypto

More can be seen on our social media pages and please be sure to join announcements for what each tier offers

https://t.me/IndstryNtwrkOfficialAnnouncement

Gold Rocket | Satoshi Club:
Thank you very much for your answers and for sharing.😊

Alex (Will never DM first):
You will need to Hold TinV our governance token to qualify for Ido . Tinvs can also be used to purchase extra tickets dependant on your tier 😁😁

Outis || will not DM first:
My Pleasure 🙂

Andrés M. | Satoshi Club:
So, what will be benefits for long term holders?

Outis || will not DM first:
Where to start hehe..

TinV is our governance token and by holding the token you will receive a lot of rewards through the ecosystem in all the protocols we will be launching in the near and distant future. Giving an investor the power to vote in developments, proposals and protocols within the ecosystem.

Aside from being the governance token, TinV will have strong use cases in all of our protocols that we are developing and releasing this consistently. For example in the farming protocol already live and the launchpad being released next week. By simply holding native tokens of TinV and TinVs will allow holders to have an ability to get into upcoming BSC gems and participate in all new and upcoming projects

Gold Rocket | Satoshi Club:
By the way, share your tokenomics.

Outis || will not DM first:
There are also many other benefits such as on-chain voting so each person investing gets to choose what they want token burn

We want everyone involved in every step we make

Andrés M. | Satoshi Club:
Mass adoption😁

Gold Rocket | Satoshi Club:
It’s a wise decision👏

Alex (Will never DM first):
Ok one second here is a short YouTube video

Andrés M. | Satoshi Club:
A great reason to invest, thanks for the detailed info

Alex (Will never DM first):
TinV Tokenomic Breakdown Tinville
https://youtu.be/p5lq8qMssK0

Outis || will not DM first:
This video has simplified things for those not bothered to read our tokenomics

Gold Rocket | Satoshi Club:
Nice video 👍 thanks for sharing😊

Outis || will not DM first:
Every transaction there will be a 5% redistribution with TinV and they are done as follows:
As part of the tokenomics, it also has a 2% redistribution directly into an ownerless liquidity pool. This will slowly create a more and more stable price. As for increasing in value, TinV is the core and main token of our ecosystem.
The way the team views it is TinV is the gold within our village. It is treasured and hard to come by. All of our other native tokens are important but are not quite the gold of the ecosystem.
TinV itself will have a use case within every single protocol we release. No matter how many protocols we release TinV will always have more and more use cases added to its list. We are less than a month old and already it has multiple use cases.

Andrés M. | Satoshi Club:
Great answers guys, I think the question was completely covered, ready for the second one?🥳

Jeff L | will never DM first:
We’re ready.

Q2 from Telegram User @cryptofollower
Tinville released the first IDO application forms for COVID Crypto recently. The IDO form is now closed. How was the registration phase, how many people registered for your first IDO application and how many tokens people need to hold in order to to be accepted for the IDO? Also why did you choose to do it with a Google Form? As a launchpad project, wouldn’t be better to do the IDO application with your website?

Outis || will not DM first:
We had overwhelmingly alot of responses to the whitelisting of for our first IDO with an opportunity forpeople to enter through our tiers. I cannot give the exact number of responses but can say less than 80 were fortunate enough to be whitelisted and will reap benefits of holding our native tokens and participating in the sale

Just like everything else we do at Tinville usually goes through a communitty vote and in this instance we seen it was in best interest for our fellow Tinville Villagers

Alex (Will never DM first):
The marketcap is only 33k for our first Ido . So even people who buy on launch gurenteed great returns

we are currently working on a staking feature for launchpad

on website too😁👍

Gold Rocket | Satoshi Club:
Thanks a lot for the answers! we are very happy for the 80 lucky ones from white list 😉

Alex (Will never DM first):
Google doc forms are used by majority of presale platforms

Gold Rocket | Satoshi Club:
This is a fair way i think😊

We would like to know more about it😊

Andrés M. | Satoshi Club:
Btw, currently how can we buy TinV token?

Jeff L | will never DM first:
Tinv token is purchased via pancakeswap. We have a tutorial video on how to purchase via pancakeswap for those who might not know how to.

https://www.youtube.com/watch?v=3nxSrEd5EQ8

Also on our website, there is a pancake logo top right that will take you directly to it as well.

Alex (Will never DM first):
So one of the drawbacks of idos is that investing in them. your tokens sit there doing nothing. As TINV get the redistribution rewards and u can use them on the farm also . To gain further rewards. So on top of all that we are gonna build in another staking option so you can grow your wealth. while being eligible for idos.

Gold Rocket | Satoshi Club:
@jlpz88 I really like that you have prepared guides for all occasions of your user😁

Alex (Will never DM first):
We do this at every step . so that average people can understand what’s involved

Jeff L | will never DM first:
Thank you, our goal is to make it easy for anyone to join Tinville.

Alex (Will never DM first):
I think this is the key thing that separates us from other projects. we take the time to help the beginners in crypto

Outis || will not DM first:
Yes a great concept which allows people to have an opportunity to earn passively and also choose

Outis || will not DM first:
from a wide range of LP pairs as well as single staking

Alex (Will never DM first):
We look to grow our tutorial videos over time please check out our YouTube channel for help and tips .😁😁

Gold Rocket | Satoshi Club:
You rock guys👍

Andrés M. | Satoshi Club:
Thanks guys.

Andrés M. | Satoshi Club:
Let’s proceed with the next question.

Q3 from Telegram User @orlemys
Your partnership now includes GoldFarm, Ice Cream Swap, and Money Time. This I believe must be exciting news for everyone involved in your project. However, can you tell me what exactly is the mutual benefit this provides long-term? What innovative features/activities are you planning together? How does this help your users/token holders?

Outis || will not DM first:
Everyone partnership we develop is strategically designed for the overall benefit of the Tinville ecosystem

We are excited but at the same time have been working tirelessly behind the scenes months prior to public announcements of current and future partnerships. There is benefits in many way such as increasing the scalability of our farming and increasing holdings as well as awareness to the gem we are to the community. A deflationary token with multiple use cases partenred up with some of the best projects on BSC.

Alex (Will never DM first):
On our farms we are in the process of launching additional pools of our partners native tokens. They also give us exposure to big groups. Like one who has over 500k holders atm. so we are actively looking at the future.

Andrés M. | Satoshi Club:
Do you have more partnerships in plans?

Alex (Will never DM first):
We do we have 3 more partnerships ready to go 😁😁

Gold Rocket | Satoshi Club:
It really opens up great prospects!👏👏👏

Alex (Will never DM first):
Like anything in life networking and exposure is key for project to thrive 😁👍

Outis || will not DM first:
🙈

Jeff L | will never DM first:
Thank you 🙏🏽

Andrés M. | Satoshi Club:
Tinville has incredible features guys, would you like to add something before the next question?

Gold Rocket | Satoshi Club:
Thanks a lot guys!

Alex (Will never DM first):
Just we have many more use cases coming that we have not announced here today. including one potential massive use case that is being worked on. thats could change how people pay for things in the real world. 😁😁👍

Outis || will not DM first:
Thank you!! Think we are good to proceed.

Alex (Will never DM first):
That’s all I can say for now 😁😁

Outis || will not DM first:
Yes exciting want to share more

Q4 from Telegram User @yellowchamp
One of the good feature of Tinville Launchpad is Fairness,in which you want to give projects the platform to launch their projects on whilst giving your investors and community the opportunity to be part of something from the ground up! Your initial focus will be on delivering low marketcap projects. So with low marketcap projects,what will be the positive benefits that it will bring to your investors and to community? To give your investors and community fair opportunity to your launchpad,how do you make deal with them? Do you consider small investors in your launchpad especially to those who are just beginners in crypto? How will your platform prevent from big whale to take advantage in your launchpad? Thank you

Outis || will not DM first:
Great question to ask but we have taken into consideration every type of investor so that whales could be involved without having so much of an effect on the average retail investor. We have picked low market cap gems because they will give participants involved alot more room to grow with the project. We also want people to make money and low market cap gems is the best way to make that happen. We make sure everyone is somewhat capped to the amount of preseale allocation they receive so that everyone receives a fair chance

Alex (Will never DM first):
For me the Fairness aspect all started when we released our governance token TinV. The presale price was 0.5$ and it listed for 1$ . The allo was 250$ . We also had anti whale protection on launch. We did this to ensure the little guys could get into the
project at a reasonable price. While also protecting those who didn’t get into presale.The minimum tier of ido is 500 TinV . so those orginal investors who didn’t sell qualify for ido.

Outis || will not DM first:
Perfect example of track record of looking after the retail investors

Andrés M. | Satoshi Club:
Good point.

Alex (Will never DM first):
We are always looking out for everyone in the community. The little and the big fish.

Andrés M. | Satoshi Club:
Do you try to protect the investor of high volatility?

Outis || will not DM first:
Certainly, we all have been victims of rug pulls and all so decided to create an ecosystem that we could comfortably get our loved ones involved in also

Outis || will not DM first:
Crypto is to be adopted by the masses and can only be done when ecosystems like TinV our creating an even playing field for all to participate in.

Gold Rocket | Satoshi Club:
Yes, each of us has experienced this to a greater or lesser extent. 😜

Alex (Will never DM first):
By limiting number of winners this makes it fairer on those investing early who didn’t get into presale and also is capped .we are also employing anti whale protection on launch.

again to protect people

Outis || will not DM first:
Part of the journey right 😔.. but not everyone has to go through that

Andrés M. | Satoshi Club:
That’s great, giving options to each kind of investors

Alex (Will never DM first):
Yes

Gold Rocket | Satoshi Club:
By the way, if we talk about security. Have you done an audit?

Alex (Will never DM first):
Yes haze if done our audit

and liquidity is locked on uni crypt

Gold Rocket | Satoshi Club:
And what are the results?

Alex (Will never DM first):
No major or minor vulnerabilities

Andrés M. | Satoshi Club:
Everything safu?😁

Alex (Will never DM first):
I will post audit here.

Ownerless contract too.

Gold Rocket | Satoshi Club:
Can you share with us 😉

Alex (Will never DM first):
Yes.

Andrés M. | Satoshi Club:
5th question is knocking the door, ready guys?😃

Outis || will not DM first:
Just wanted to add to what my comrade said not only has our code had an audit but we were also given suggestions on how to strengthen the code to help prevent someone maliciously acting on it. Our governance token was cleared to have 0 major, medium or minor code vulnerability. Our farming token is currently being worked on by the same crypto security company. On top of that, we have a third party completing an audit on our farms also

Alex (Will never DM first):
Yes please see audit below.

Andrés M. | Satoshi Club:
Thanks for share it.

Alex (Will never DM first):
We are doxxed too 😁😁

Outis || will not DM first:
💯

Q5 from Telegram User @nadee5
First of all thank you very much for such simple explained whitepaper.It’s just like an interesting guide for any crypto newbies.In your whitepaper I found, The Tinville token is one of the most modern technologically and advanced cryptocurrency token systems that can be used around the world.Faster transactions, Decentralized system,lower fees, Stability are the strengths of TINV token. But,I couldn’t find the governance system of TinVille .How can TINV token holder participate for the governance of Tinville as a decentralized project ?can you please tell us the benefits of being a TINV token holder?

Andrés M. | Satoshi Club:
Let’s check it Satoshiclubbers

Outis || will not DM first:
TinV is our governance token and by holding the token you will receive a lot of rewards through the ecosystem in all the protocols we will be launching in the near and distant future. Giving an investor the power to vote in developments, proposals and protocols within the ecosystem.

Your say is implemented through an on chain voting system which counts your vote based on the amount of TinV you hold. We have had one successful vote already where the community decided to burn almost 17% of the total supply which in turn redistributed almost $13,000 to our holders

Aside from being the governance token, TinV will have strong use cases in all of our protocols that we are developing and releasing this year. For example in the farming protocol already live and the launchpad being released next week. By simply holding native tokens of TinV and TinVs will allow holders to have an ability to get into upcoming BSC gems such as COVID Crypto

Alex (Will never DM first):
We also had vote for which pools people wanted on the farm.

we reduced supply from 750k to now 630k. we plan future burns aswell along with community votes 👍👍

You have to be a Tinv holder to vote as we will check ur wallet to ensure you are eligible. 😁😁

Gold Rocket | Satoshi Club:
Excellent results👏👏👏

Alex (Will never DM first):
Thanks people love a burn lol🔥🔥🔥

Andrés M. | Satoshi Club:
No matter the quantity of tokens?

Outis || will not DM first:
Ahaha yes we follow what the voters want a true democracy in the crypto space

Andrés M. | Satoshi Club:
Haha that’s excellent guys, whales don’t should disturb little investors.

Alex (Will never DM first):
The more tokens you have the more say you have in the future of the project. However due to fair launch we don’t have holders , that have obscene amounts of supply. therefore dictating direction of votes.

We love whales too . but we want everyone having a say 😁

Outis || will not DM first:
And also to mention limited supply of TinV

Andrés M. | Satoshi Club:
Sure, we all can win, working together as a real community😁

Alex (Will never DM first):
Yes that’s the goal😁👍

Andrés M. | Satoshi Club:
Thank you guys for the clear and detailed explanation. Let’s proceed with the final question of this part of the AMA

Gold Rocket | Satoshi Club:
And a very fair system👍

Q6 from Telegram User @Jonahapagu
One of the services of Tinville is that it will serve as an Incubator for new projects, as an incubator for new projects what kinds of services will you offer new projects on your platform and what kinds of support or help will you offer new cryptocurrency projects from Prelaunch stage to launch and even post launch stages of the project…

Alex (Will never DM first):
👍

I’m glad you ask this.

On top of ensuring the project is legitimate. We look at the smart contract of the project for vulnerabilities and fix them. Once that is done we provide exposure and marketing for the project. We also advise them on the marketing front , after the launch of our ido. As ultimately their success will bring more investors to our platform.

Outis || will not DM first:
Definitely and vice versa strategic partnerships with mutual benefits

Gold Rocket | Satoshi Club:
Yes! you are absolutely right! this is the position win win 👍

Alex (Will never DM first):
Passing on our experience is key

Andrés M. | Satoshi Club:
Are you severe with this field?

Gold Rocket | Satoshi Club:
Do you already have good examples of this?

Outis || will not DM first:
Many examples such as tying projects to real world cases and long term visions to stay in this space. Our vetting process is thorough only interested in projected that we can see a mutual benefit in ecosystems

Gold Rocket | Satoshi Club:
Thanks a lot guys! it was an incredible part of AMA!

Andrés M. | Satoshi Club:
First part of the AMA has concluded guys, thank you very much for your detailed answers and your kind attitude. Now is time of the live segment of the AMA, our community members want to interact directly with you.😁🥳

Alex (Will never DM first):
For example with this current IDO we advised a lower mcap to lure investors. As many of us been in all the major launchpads , paid, duck, polkastarter trust swap, the list goes on . We use our experience of these launchpads . To ensure our launchpad can be a successful one

Alex (Will never DM first):
Thank you!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @K2ice
How will TinV create an even playing field for all participants without paying much attention to whales alone?

Alex (Will never DM first):
We started this by adding in our anti whale protection on launch of our governance token. Every stage of the eco system gets the same treatment at first to ensure small players can establish postions too before whales pump up the price.

Q2 from Telegram user @obulin
Wish you a great success in the upcoming launcpad 🔥

In the part 1 segment of AMA @Outis_Los sir highlighted that

‘By simply holding native tokens of TinV and TinVs will allow holders to have an ability to get into upcoming BSC gems and participate in all new and upcoming projects’

I’m bit confused here, What are the differences between Tinv and Tinvs and should i need to hold both Tinv and Tinvs to get allocation in launchpad?

Outis || will not DM first:
Thankyou very much wishing you the best also sir! The differences between TINVS and TinV are as follows: First of all they are our two native tokens and have two different functions.

TinV is the governance token to the ecosystem and holding it grants you voting power via the on-chain snapshot voting system. The tokenomics of TinV also rewards holders via frictionless yield farming (your amount will increase slowly just by holding onto the token). The third benefit to TinV is holding certain amounts of it will grant you access to low mcap projects being launched from The Industry Network Launchpad.

TinVs is our daily passive income platform which stands for Tinville silver which is our farming and ‘currency token’. It is used for farming rewards and also has a secondary use case that allows you to ‘spend’ TinVs to boost your entries into the launchpad IDO whitelist if you are in the bottom two tiers.

Q3 from Telegram user @Eminet001
Are you in support of STAKING AND FARMING
also NFTs?

Alex (Will never DM first):
Without saying too much we have a partnership to announce with a established player in the field. We also have ex warner bros contact . Who is an expert in the field. Who we are planning to do a collaboration with

Outis || will not DM first:
Yes participants in our ecosystem are able to stake and farm with pairs and single staking. Might have a NFT launchpad very soon also 😉.. We support anything voters would like and what we se as crucial to the overall developement of Defi.

Q4 from Telegram user @Smartling
You said your goal is to make it easy for anyone to join Tinville. Does this also include non-crypto users and crypto newbies?

Outis || will not DM first:
Yes we have made it incredibly easy with the noobs also by offering videos that offer a step by step guide from buying crypto right through to investing in the space.

Q5 from Telegram user @Chinthaka93
I have seen that you have some team experts according to your website, Do you have any plans to increase your project team, as ambassadors or any positions?

Alex (Will never DM first):
We are increasing the team all the time.We have bought 2 more devs and marketing experts in the project in last 2 weeks alone.

Q6 from Telegram user @potentialsake
For your launchpad are you going to list all the project that would want to do IDO with you or will you eliminate the bad ones or scammers?

Jeff L | will never DM first:
We have criteria’s that need to be met. We don’t want to just list any project. We want ensure that community is safe and benefits from upcoming IDO’s.

Q7 from Telegram user @orlemys
What is the next big step for your project?

Alex (Will never DM first):
Our next major step is vaults and borrowing and lending protocols.

Q8 from Telegram user @nitrogenpower
Do you have plan to launch a farm on your ecosystem? What will be the highest APR there?

Alex (Will never DM first):
We have already launched our farm 2 months ahead of schedule. Please check it out 😁

Q9 from Telegram user @nadee5
You said you have started LAUNCHPAD focuses on ” low cap projects”
Why are Low cap projects? special reason?

Outis || will not DM first:
Yes that is correct that comes down to the teams understanding of the need for low market cap gems which alot of people will be able to reap the benefits of. Low market caps have alot of room for growth and therefore more beneficial to a holder especially if projects have long term aspirations to stay and have a position in Defi.

Q10 from Telegram user @MaxiVV
I read that “Every transaction that happens with your token, holders will be rewarded”, How does it work this kind of rewards system? Are there some special requirements in the transactions like amount? Or it it literally for any transaction?

Jeff L | will never DM first:
So there is a 5 percent tax for every transaction. 2 percent gets distributed to all holders, 1 percent burnt and 2 percent liquidity locking to help build floor price.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Tinville . 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
Tinville Telegram community:  https://t.me/The_Industry_Network_Official
Twitter:  https://twitter.com/TheIndstryNtwrk
Website:  https://tinville.finance

We are pleased to announce our next AMA on June 11th 2021 at 01:00 PM UTC Time: Satoshi Club x Acent

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

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

Part 3: 300$ – A quiz about Acent

For more details:
Acent Website – acent.tech
Acent Telegram – @AcentOfficialChat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 14th 2021 at 03:00 PM UTC Time: Satoshi Club x Unipilot

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

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

Part 3: 300$ – A quiz about Unipilot

For more details:
Unipilot Website – unipilot.io
Unipilot Telegram – @unipilot_io
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 11th 2021 at 05:00 PM UTC Time: Satoshi Club x Pink Panda

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

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

Part 3: 300$ – A quiz about Pink Panda

For more details:
Pink Panda Website – pinkpanda.finance
Pink Panda Telegram – @PinkPandaDefi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish