Satoshi Club

PART 1. Introduction of Jindo
project and community questions.

  Hello, Satoshi clubbers and guests of this site. We have guests from the Jindo inu crypto project.

Jindo inu token will be used by JINDO SWAP and JINDO NFT in the future.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

@Jamesinu
@nexusbang
@jindooo
@jindoinu3
@rebrebz
@DomDom1231

Introduction of Jindo
project.

Mary | Satoshi club:

Hello, Satoshi club! We are happy to announce our ama session with Jindo inu! Welcome to Satoshi club😀

Andrés m. | Satoshi club:

Our friends from another great project are here to helps us with our amarathon😁

Jin [never dm first]jin:

Hi guys my name is Jenin, the developer of Jindo inu.

Jr tatis (never dm first):

Hi everyone, my name is Tatis. I am sub dev of Jindo team

Andrés m. | Satoshi club:

Welcome to Satoshi club, our guests:

@jamesinu

@nexusbang

@ Jindooo

@ Jindoinu3

@rebrebz

@domdom1231

Arenado Jindo inu:

Hi guys I am sub dev of Jindo inu team, arenado. Thank u for coming

Jin [never dm first]jin:

Before we begin, we apologize for our poor English.😄

Reb (never dm first):

Hi guys, team from # Jindo inu

Nexus b:

Hey guys we are happy to be here today 💙

Mary | Satoshi club:

Welcome here, guys!

Reb (never dm first):

Thanks, it our pleasure to be here.

Andrés m. | Satoshi club:

The whole Jindo inu team is here 😁

Jin [never dm first]jin:

One was unable to participate. Please understand😉

Andrés m. | Satoshi club:

Of course, we do😁. We are glad to have you here.

Mary | Satoshi club:

We are really happy to have such big team here! So, guys! We are excited to start our ama!

Jin [never dm first]jin:

We are happy to be with Satoshi club too

Lets go 🔥

Mary | Satoshi club:

So, let’s begin with intro🚀

Could you please introduce yourself and tell us more about Jindo inu 🚀

Jin [never dm first]jin:

Unlike other meme coins, our Jindo inu is a token under development to make use of it.

We plan to develop a safe swap without rug pull, and we plan to release an NFT similar to cryptokitties in the future.

Mary | Satoshi club:

Very nice plans😃

Jin [never dm first]jin:

The combination of swap and NFT will create many uses for the jind token, and we will continue to strive to improve the value of the jind token.

Mary | Satoshi club:

When did you start your project?

Jin [never dm first]jin:

May 12 😁

Mary | Satoshi club:

Wow, you’re so young😉

Andrés m. | Satoshi club:

How did you choose the name and the logo?

Jin [never dm first]jin:

 Jindo was adopted because it is korea’s representative dog. And we added several colors to the background for a cute image.

I think many people may misunderstand. It’s South Korea, not North Korea😂

Andrés m. | Satoshi club:

Great job, puppy tokens are trending, what do you think makes Jindo inu different and unique?

Jin [never dm first]jin:

Unlike other meme coins, jind tokens will have more uses in the future. I think that the current memecoins simply have no place to use them as a weakness. We combine the cuteness of mimcoin with the utility of tokens.

Andrés m. | Satoshi club:

Good point, what uses for example?

Jin [never dm first]jin:

We are developing a rugpull-free, secure Jindo swap where you can use your jind tokens for token review. It can also be used when creating a puppy NFT in the jind NFT that will be released later.

Mary | Satoshi club:

Super! And now, if you agree we can dive deeper into the Jindo inu details with the questions from our community 😀

Jin [never dm first]jin:

Cool 👍 Ask a question, we’ll answer it❤️

Preselected questions about the Jindo DeFi project.

Andrés m. | Satoshi club:

Q1 from telegram user @andrey_seleznov

Hi Jindo!

 Jindo tokenomics page says the initial liquidity pool contains 50t jind tokens and 10 bnb and the liquidity pool is locked immediately after liquidity supply. What service do you use to lock the liquidity and for how long will it remain locked? Could you tell us if this approach worked out ok? Such low initial liquidity must’ve created large slippage for big initial buyers, and with 1% fee going to the liquidity pool the pool probably remained low for a considerable time?

Jin [never dm first]jin:

Since we didn’t do a pre-sale in the beginning, we only put in 10bnb. So we are supporting the bnb-jind farming pool to increase liquidity. Our liquidity pool is locked by dxsale for 10 years and will be extended before the end of the period.

Andrés m. | Satoshi club:

Why 10 years?

Mary | Satoshi club:

Do you have only one farming pool?

Jin [never dm first]jin:

We aim to complete all ecosystems within 10 years. And we will continue to extend the lockout before 10 years pass.

Yes, single token farming is not supported as we are a deflation token. So, only one bnb-jind farming pool is supported.

Mary | Satoshi club:

Where we can currently farm?

Andrés m. | Satoshi club:

So are you planning some burning token events?

Jin [never dm first]jin:

You can farm in Polaris, and now the APY is over 500%. 

Andrés m. | Satoshi club:

Wow, great opportunity Satoshiclubbers🥳

Jin [never dm first]jin:

Yes, we are always thinking about burned events for holders. Currently, it is difficult because we spent a lot of money for listing on the exchange, but we plan to burn it as soon as we can afford it.

Mary | Satoshi club:

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

Jin [never dm first]jin:

Yes !🔥

Andrés m. | Satoshi club:

Q2 from telegram user @yellowchamp

 Jindo inu farming will be conducted in Polaris defi. So why did you choose Polaris defi to conduct Jindo inu farming feature? How can we access or connect polaris defi for farming with $jind? What advantages and benefits that polaris defi will bring to Jindo inu especially in farming purposes for Jindo inu investors and community? How safe and secure our funds in farming with polaris defi with $jind tokens? Thank you

Jin [never dm first]jin:

The reason we chose polaris is that it allows single-token staking. However, deflation tokens were weak against farming, so we switched to staking lp tokens. Please refer to our medium for details on how to stake. It would be good if you refer to it. You do not have to worry about staking as it is safely managed by smart contract.

Jin [never dm first]jin:

See our medium story for more details. Link 

Andrés m. | Satoshi club:

Thanks for the answer, so talking about long-term holders, what will be the main benefits for them?

Jin [never dm first]jin:

Currently, 1% of the transaction fee is distributed to holders, and 1% of the transaction fee is automatically burned, so the scarcity of the token will increase.

Mary | Satoshi club:

Maybe you plan to build your own platform for staking?

Jin [never dm first]jin:

Yes sure. We will make it possible to farm in Jindo swap

Mary | Satoshi club:

When do you plan to deliver this to your users?

Jin [never dm first]jin:

It is expected to be released at the end of the third quarter of 2021 at the latest.

Mary | Satoshi club:

Not so long to wait😃

Jin [never dm first]jin:

Sure 🔥

Mary | Satoshi club:

Did you already test it? Or it’s only on the start of its development?

Jin [never dm first]jin:

I’ve spent a lot of time marketing now, but I’ve been working hard on the design behind the scenes. The swap requires complete predesign because it requires SAFE code.

Andrés m. | Satoshi club:

The great aim, we hope to have good news about it soon.😁

Jin [never dm first]jin:

Please look forward to swap 😀

Andrés m. | Satoshi club:

For sure.

Would you like to add something before the next question?

Jin [never dm first]jin:

Done 👍

Andrés m. | Satoshi club:

Q3 from telegram user @jonahapagu

People are allowed to register their tokens in Jindo swap liquidity pool. After registering their tokens they then provide and lock the liquidity pool for their registered trading pairs until Jindo team has reviewed the tokens and determine that they are safe before allowing trading to start for the token.. So what kind of tokens can users register in Jindo swap liquidity pool, how do they register it, what information do they provide for review, and how do they provide and lock liquidity for the trading pairs, if a registered token is deemed unsafe and liquidity for the token has been locked what do Jindo team or the users do about it.

Jin [never dm first]jin:

How to lock liquidity is provided by several sites. If they prove to us that they have locked it there, we will check and approve it. Liquidity providers can offer BSC-based tokens, and we approve the tokens after reviewing the feasibility and legality of the project. Therefore, a more secure trade environment will be provided.

Mary | Satoshi club:

I see you care about security 😉 What about your smart contract’s security? Did you make an audit?

Andrés m. | Satoshi club:

Sure, holders need to know that their funds are SAFU.

Jin [never dm first]jin:

Yes, we will be audited when swap development is completed. The audit of the token contract has already been completed

Mary | Satoshi club:

Oh, can you share this report with our members?😃

Jin [never dm first]jin:

Yes 😀 jind token audit 

Mary | Satoshi club:

Thank you 👍

Andrés m. | Satoshi club:

I realize that a lot of great events are coming for Jindo inu, so could you share your roadmap with us?

Jin [never dm first]jin:

We plan to list jind on many exchanges and will be listed on Hotbit on June 4, two days later. In addition, we will continue to carry out influencer marketing, and we will complete the development without delaying our development. Also, our roadmap can be found on our website 

Mary | Satoshi club:

Thank you for your detailed answers 😃 Ready to go to the next question?

Jin [never dm first]jin:

Sure

Andrés m. | Satoshi club:

Q4 from telegram user @shaa93

 Jindo inu – no team, marketing token, no pre-sale! Does this mean Jindo inu is an anonymous project? Or will there really be no team and all will be decided by the community? And why does Jindo inu not launch pre-sale while most projects are launching pre-sale, IEO, IDO, INO,…??

Jin [never dm first]jin:

Teams exist, but their basic essence is like other meme coins, community-owned tokens. The reason we didn’t do a pre-sale is that there are many people who do not believe in the pre-sale during the pre-sale process. The jind team exists. However, we only proceed with marketing and development. Since our tokens are community-owned tokens, some have not conducted a pre-sale in order to give everyone an equal opportunity to purchase.

Andrés m. | Satoshi club:

So, if your aim is the community, have you had some community contests to reward the users? Maybe meme contest or something like that.

Mary | Satoshi club:

But what is the motivation of Jindo inu team to develop the project?

Jin [never dm first]jin:

Yes, we have a TikTok contest and a Twitter contest. We will hold many events in the future. We also lost money by a lot of rug pull, so we felt we needed a more secure swap. That’s why motivated us.

Andrés m. | Satoshi club:

Is there still a chance to join? Our community is so creative😁

Jin [never dm first]jin:

Yes of course. We will prepare the contest asap👍

Mary | Satoshi club:

Satoshiclubbers 😉 it’s your chance

Andrés m. | Satoshi club:

Thanks for the info🥳

Mary | Satoshi club:

Jin, thank you for your answers! Ready to jump to the next question?

Jin [never dm first]jin:

Yes 😀

Andrés m. | Satoshi club:

Q5 from telegram user @nadee5

According to your website, you plan to create a magnitude swap and a magnitude NFT .in Jindo swap, only tokens that have passed the Jindo team’s review can provide liquidity. But in your whitepaper you said there is no team for Jindo inu. If there is no team ,who will review the tokens to pass for providing liquidity. ? How will this team’s review beneficial for Jindo swap ?which requirements should be fulfilled to pass the team’s review ?and what do you mean by magnitude swap and magnitude NFT ?

Jin [never dm first]jin:

The reason we said we don’t have a team is that our team is only in charge of development and marketing. The rest are in charge of the community. Our review can help users who use Jindo swap to obtain objective information about tokens and help make investment decisions. In order to pass the review, you must submit various information such as team members and project information.

Mary | Satoshi club:

Who is in the team? Is it anonymous?

Jin [never dm first]jin:

Not anonymous. You can find information about the three developers on linkedin.main developer – jin jin – @jamesinu – Linkedin 

Developer – jr tatis – @ Jindooo – Linkedin 

Developer – arenado Jindo inu – @ Jindoinu3 – Linkedin 

Andrés m. | Satoshi club:

Btw, checking your roadmap there is a concept that caught my attention. Could you explain more about this feature? What do you mean with “synthesizing multiple puppies”?

Jin [never dm first]jin:

It means that you can create your own special-looking puppy NFT by breeding puppies like crypto kitty.

Andrés m. | Satoshi club:

Like a virtual pet?🤔

Jin [never dm first]jin:

Yes 😁

Mary | Satoshi club:

That’s nice😉 if they will be as cute as your stickers it will be great

Jin [never dm first]jin:

Sure we will do our best 😁

Mary | Satoshi club:

Thank you for your answers! Ready to go to the 6th and last question from this part?😉

Andrés m. | Satoshi club:

Well done, i can’t wait for it 😁

Jin [never dm first]jin:

Let’s, go

Andrés m. | Satoshi club:

Q6 from telegram user @josegamboac

On May 22, Jindo inu decided to burn another 2 trillion #jind tokens. This will be added to the 56% of the total supply that we already burned before. How often do you have an estimated token burn? And what percentage will be burned in each burn?

Jin [never dm first]jin:

A 1% transaction fee is automatically burned on each transaction. We will prepare more burn events for holders

Andrés m. | Satoshi club:

What about tokenomics? Please share that info. How is the token distribution?

Mary | Satoshi club:

Didn’t you think that users like to have a more strict plans?😃

Jin [never dm first]jin:

50% of the initial issuance was burned and the remaining 50% was added to the pancake swap. A 3% transaction fee is incurred for each transaction, 1% of which is distributed to holders, 1% of which is automatically burned, and the remaining 1% is used for marketing expenses.

If the transaction fee is too high, there are various restrictions when entering the exchange, so we set it to 3%.

Andrés m. | Satoshi club:

You did mention hobit, now pancakes was. Currently, is there another way to buy your token?

Jin [never dm first]jin:

It is currently available for purchase on pancake swap, Cointiger, Indoex, Hotbit on June 4th, and Coinsbit on June 8th

Mary | Satoshi club:

Super! Congratulations with upcoming listings 🚀

And live part is almost here 😉

Andrés m. | Satoshi club:

Thank you for your time and clear answers, it was an honor to moderate this first part. Now I think our community users want to interact directly with you 😁

Jin [never dm first]jin:

Thanks 🔥 Yessss

Mary | Satoshi club:

Let’s go 🚀

PART 2.Questions about the Jindo 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 Jindo 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 @Guandog

What are the attractions of Jindo Swap as a platform swap compared to the big ones like pancakeswap?

REB (Never DM First):

Our main developer mentioned that this swap will differentiate JInod swap with other swaps as the JINDO team will review new projects that will be launched on JIND SWAPthat can assure they are no “rug pull” and to protect all investors invest , so that can guarantee a safe investment

Q – 2 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there any thing that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS? 

Jin [NEVER DM FIRST]Jin:

Since we only approve token transactions by locking liquidity, rugfull cannot happen. and Our team’s marketing wallet cannot be dumped because we have very few jind. Currently, the number of jind we have is 0.2t. Also, we have locked liquidity Don’t worry

Q – 3 from a telegram user @smelekin

Why did you choose Hotbit for listing your token? Do you plan to list your token on better exchanges like Binance?

Jin [NEVER DM FIRST]Jin:

The reason we chose Hotbit is that it is also a top-tier exchange and contains many BSC tokens. We are always looking for better exchanges. please watch us

Q – 4 from a telegram user @nitrogenpower

I read that liquidity pool is locked by dxsale for 10 years but what will happen after 10 years passed?

Jin [NEVER DM FIRST]Jin:

It will be locked again before 10 years have passed. Do not worry. We bet our lives on jind. wallets, private keys, etc.

Q – 5 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there anything that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS?

Jin [NEVER DM FIRST]Jin:

Yes, we are different from other memecoins. We are developing dApps that will be used in practice. This increases the fundamental value of the token. In the future, we plan to promote the difference from other meme coins.

Q – 6 from a telegram user @sweetdoge

Why are you guys still anonymous? Why did you decide to be anonymous and in the future do you plan to go public?

Jin [NEVER DM FIRST]Jin:

Developers are not anonymous. We will always do our best to develop. Please join our jind.We will share it periodically when development begins.

Q – 7 from a telegram user @Ratash97

When is the launch of jindu swap and what utilities will jindu feed have?

Jin [NEVER DM FIRST]Jin:

Jindo Swap is scheduled to be released at the end of Q3, and jind feed tokens can be used to upgrade puppy nfts on jind nft that will be released in the future. When upgrading, it can change into a rare form with a certain probability.

Q – 8 from a telegram user @Jonahapagu

One of the recommendations of Solidity Finance is your audit report is that Users should be aware of the relatively low amount of liquidity available and the report also stated that there are Four wallets that have about as much or more tokens than the liquidity pool…so what have you done as regards getting more liquidity for your contracts, and who are the owners of this four wallets that have more tokens than your liquidity pool are they individual users or wallets belonging to the team for other uses..?

Jin [NEVER DM FIRST]Jin:

We don’t have those 4 wallets. We know that liquidity is low, but compared to other Mime Coins, we are in a very healthy state. We are working hard to find ways to secure liquidity. Do not worry too much

Q – 9 from a telegram user @Sumione

What are the upcoming events and listings plan in your roadmap? Do you have any plan for listing in popular exchanges like BINANCE or any other Cex?

Jin [NEVER DM FIRST]Jin:

The advantage of nfts is that you can make your own puppies, and you can also collect rare nfts. Rare nfts will sell for a high price because people will be interested. Rare things are always valuable.

Q -10 from a telegram user @messilolz

What is the contract address for buying $JIND and what slippage is required?

Jin [NEVER DM FIRST]Jin:

📈 Contract : 0x22d6363949e295873d261b812a281d014367e8f9 slippage 3~4%

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Jindo 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: Jindo

Telegram group  |Medium |  Tweeter  |  Website  

We were delighted to welcome our guest from Wasder. The AMA took place on June 4th, 2021 and our guests were @WASThom @sam6ft9!

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

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Маry Satoshi CLUB: Hello  Satoshi Club! We are happy to announce our AMA session with Wasder! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! Today our guests are @WASThom @sam6ft9!

Thomas Wasder: Hey there ! 🙂

Sam: Good morning from LA!

Маry Satoshi CLUB: Hello, guys! How’s going?

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @WASThom @sam6ft9!

Sam: Very well, thank you!How are you today?

Thomas Wasder: We are so happy to be here 🙂

Gold Rocket | Satoshi Club: we are very excited about the upcoming AMA. and you?

Маry Satoshi CLUB: We are very excited to see Wasder here today 👏

Thomas Wasder: Very much so, this is one of the AMA’s I have been the most excited about in a long time actually

Sam: super excited to share about Wasder to all the gamers in here!

Gold Rocket | Satoshi Club: Let’s start!

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

Thomas Wasder: Sure thing!

My name is Thomas, I am the CEO and founder of Wasder.gg

I’ve been in the gaming industry for along time now, almost 15 years. Where I’ve worked in major publishers like EA (Electronic Arts), and I’ve been the community liaison for Age of Conan at Funcom, for over a million players.

In the more recent years, I’ve gone the sales journey from sales rep, to sales director, corporate mergers and acquisitions, before i started my own companies and moved into investments.

Then I finally founded Wasder, which is my dream company, and the heart of my businesses, as its a combination of the gaming industry which I love, but with the billion dollar business potential and super investors! So I love what I do now.

Маry Satoshi CLUB: When did you first hear about crypto?

Sam: I’m Sam, the CMO. I’m an investor, and Thomas convinced me to invest in Wasder, join the board, and then come on as a CMO, haha. I’ve been in crypto since 2015.

Gold Rocket | Satoshi Club: Great background for great business 👌

Маry Satoshi CLUB: Nice position for investor👏

Thomas Wasder: I’ve been looking at crypto for a very long time, but since we are a company that reaches everyone from 13 and up to 60 who loves gaming, our challenge was to figure out how we can bring blockchain and crypto to a mainstream audience in the best way !

Gold Rocket | Satoshi Club: You have a great crypto experience! it means that you have created a good team🚀

Thomas Wasder: Because the crucial thing is to show the world that crypto and blockchain is the technology of the future, and how it can influence gaming!

Маry Satoshi CLUB: Yes, we need mass adoption 👏

Маry Satoshi CLUB: How big is your team?😉

Gold Rocket | Satoshi Club: Who is on the project team core?

Sam: The reason I both invested and joined is because the team is one of the best I’ve seen.

Thomas Wasder: So Wasder is a “mainstream” company in many ways, we’ve been around since 2017, and have billionaire investors, hedgefunds, silicon valley money, apple executive investors, some of the biggest family offices from Singapore, and sweden.

So we’ve established ourselves as a company.

And, the team we have right now, is around 22 people fulltime, and we are hiring another 16

Thomas Wasder: Our core team includes the previous Lead Producer of Candy Crush from King, the CTO of LeoVegas which was a billion dollar company in the gambling space

Маry Satoshi CLUB: Nice growth 👏

Thomas Wasder: Executives from Reebok

Маry Satoshi CLUB: Cool👍

Thomas Wasder: the guys behind the Crossfit/Reebok deals, and UFC & Reebok deals

Thomas Wasder: etc

Gold Rocket | Satoshi Club: I noticed that your tweeter is dated 2016 😁

Маry Satoshi CLUB: Yes, old one😉

Thomas Wasder: Yeah we started working on this a long time ago

Маry Satoshi CLUB: I am sure the results will be awesome!

Sam: Yeah, Wasder is not a “crypto” company

Thomas Wasder: Thats our goal! 🙂

Sam: we’ve done several equity rounds like Thomas said

Sam: we just chose to tokenize the ecosystem

Sam: but we had over 100k users long before we tokenized and went into crypto

Маry Satoshi CLUB: Great numbers👏

Маry Satoshi CLUB: You can reach even more soon here!

Thomas Wasder: To elaborate on this, as Sami said, we chose to tokenize the reward systems & incentives, because we believe crypto &  blockchain matches PERFECTLY with gaming.

We have one of the best game designers in the industry (from EA & King) designing our rewards and tokens, to match perfectly with the industry and our platform

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

Thomas Wasder: Yes, lets go!

Q1 from Telegram User @andrey_seleznov

Hi Wasder!

WASDER – very unique name, I have a guess, it is coming from the most often used gaming keys WASD, am I close ? Could you share some details about the games that you have on the Wasder platform, what are the genres and how many games are there? Did your dev team develop all of the games or are you allowing 3d party games to be integrated with your platform? Do you provide cross platform gaming for both PC client and mobile app users?

Sam: W A S D E R are the most used keys when you play games on a PC.

W – Up/Forward

A – Left

S – Down/backwards

D – Right

E – Use

R – Reload

Thomas Wasder: So our platform is built as a gaming ecosystem and social platform, that means for us that ALL games is relevant, and thats also the strength of our platform. Right now, we have about 50 000 different games in the platform that people can talk about, match with others (party play) to find people to play with, and build communities around. We are ALWAYS looking to integrate and partner with publishers to add more to the platform.

Thomas Wasder: Wasder is currently out on web, iOS and Android – and getting amazing feedback. We are currently sitting at over 60% retention rates, which is industry leading for a social platform

Sam: Wasder is the social ecosystem that connects gamers on web/mobile, so while we don’t develop games, you will be able to talk to people that love the same games as you on there, or even connect with the game devs and publishers if they are registered.

Thomas Wasder: And we are continuing to develop our game spaces to make them absolutely revolutionary for this industry.

Our goal is that users kind of see us as a smartphone – a place to go to find all their favorite functions and content, just within gaming. That makes us the perfect partners for every gaming developer.

Thomas Wasder: How about we reveal a piece of news here @sam6ft9 ?

Маry Satoshi CLUB: For newcomers is it easy to play?😀

Sam: sure!

Маry Satoshi CLUB: Give us more news! We love them😍

Thomas Wasder: As of next week, we will be creating a community program for users to vote on their favorite blockchain games, that we will add to the ecosystem and create game space for those games!

Thomas Wasder: So if you have a favorite, let us know and maybe we will prioritize YOUR blockchain favorite game first

Маry Satoshi CLUB: Satoshiclubbers, let’s vote👏👏👏

Thomas Wasder: We are a social platform – so I would say its super easy for new users to find the perfect game for them, and find people & content in their favorite game

Gold Rocket | Satoshi Club: Wow! great news! 🚀

Gold Rocket | Satoshi Club: What is your favourite game? Because as you type, I understand that you are an experienced player😁

Маry Satoshi CLUB: Fast fingers😉

Thomas Wasder: My all time favorite is SWG (Star Wars Galaxies), which is probably the best game ever made. And I am a Star Wars nerd.

Sam: Oh…favorite game… You know, I love the Assassin’s Creed Games, I love GTA V, Elite Dangerous

Thomas Wasder: But, right now its Dota 2 and Mass Effect the revamped version

Gold Rocket | Satoshi Club: Me too ❤️

Thomas Wasder: And fun fact, I worked on the Mass Effect titles.

Маry Satoshi CLUB: Really?🤩

Gold Rocket | Satoshi Club: My son loves these games 😁

Gold Rocket | Satoshi Club: Thanks a lot for the answers guys! Ready for the next question?

Thomas Wasder: Yep, I ran EA’s Nordic social media pages in the nordics when we released these titles

Thomas Wasder: Lets go!

Q2 from Telegram User @yellowchamp

Two of the ways to earn more real rewards in Wasder are by participating in VIP events with streamers, influencers and E-sporters and to rank high on community leaderboards or beat other guilds to earn rewards. So,can you tell us more about what VIP events that is going to be live in your platform? Can anyone become a VIP in your platform and can anyone participate in VIP events in your platform? How to become a VIP member in Wasder? What are the ways to advance the community leaderboard in Wasder? Can you also give us an idea how to beat other guild? If anyone can achieve the ways to earn real reward with Wasder,how does reward be given to users? Thank you

Thomas Wasder: So Sami will cover the event part!

The VIP’s in this case is higher ranked streamers, publishers, and influencers. And also some super stars that we have working with us in Wasder.

Technically, anyone can become a VIP / verified user, as long as they live up to the requirements for that, like instagram & twitter. There’s a process with us to verify that people are who they say, and that they are influencers of value

Sam: Absolutely. We have some really cool events planned for our members – think streamers/gamers/influencers and challenging them to a game. We’re also talking to several big music artists about coming in and performing on a stream, and then challenging our users to a game of their choice.

Thomas Wasder: What we are thinking around the community leaderboards – is that we want to reward the most active users within communities, both player made communities (so internal guild leaderboards), but also communities like specific games!

Thomas Wasder: Imagine insteaf of having to become a proffesional esporter, your guild or team of friends, can challenge another guild of your choice to a “battle” in your favorite game, and the winner walks away with tokens and rewards

Маry Satoshi CLUB: Do you welcome influencers from gaming industry or from crypto also?😀

Sam: both! As long as it’s related to gaming

Маry Satoshi CLUB: So, they will be rewarded in your tokens, right?

Thomas Wasder: Sometimes tokens, sometimes other rewards. It all depends on the wishes of the users and what the activity is

Thomas Wasder: As I mentioned earlier, we have one of the best game economy designers in the world building this system

Sam: yeah, it’s important to notice that the platform is being designed with a 100% circular economy in mind

Thomas Wasder: Even though we are a social platform, and gaming ecosystem

Thomas Wasder: we want people to think of us like “The game of Wasder”

Маry Satoshi CLUB: Oh, got it! Your VIPs should be ready for surprises 😉

Sam: so it won’t get skewed as we add millions of users

Thomas Wasder: iMAGINE if Facebook or instagram was a gamified platform with tokens

Thomas Wasder: Thats us.

Gold Rocket | Satoshi Club: Me and my friends play Alien Worlds. Can we create a guild on your platform?😉 @saromckenna

Маry Satoshi CLUB: I can😀 but i think we need ours platform, decentralised and independent! And you’re really welcome!

Thomas Wasder: Yes! 100%.

Our guild functionality is not built out yet. You can create your guild, but not fully build it.

Its on our roadmap in 2.5 months

Маry Satoshi CLUB: I really believe you can do this!

Thomas Wasder: Our goal is to provide the best guild functionality in the world, leaderboards, membermanagement, raid systems & event calendars, internal forums

Thomas Wasder: And GUILD REWARDS and achievements!

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

Thomas Wasder: Absolutely

Q3 from Telegram user @Ruttiee

I believe that every platform that facilitates communication among it’s users should implement adequate infrastructure and mechanisms that provides security and privacy to data shared by users on it platform. So, in terms of Online security and data privacy what security measures and data privacy feautures has Wasder set in place to ensure that users communication as well as their data are protected and secured? Will users communication and data be encrypted on Wasder Party Chat?

Thomas Wasder: Thank you for this question, this is super important

Thomas Wasder: So; first off – because we are a “mainstream” swedish company with institutional investors, we need to make sure that we are ALWAYS following laws and regulations

Thomas Wasder: But, there’s also the issue that our industry has never been “great” at this

Thomas Wasder: We want to make sure that we are industry leading on 3 things

Thomas Wasder: Data privacy

Thomas Wasder: Trust

Thomas Wasder: and safety & Non-toxicity

Thomas Wasder: We will always make sure that we comply with the regulations around the world on data privacy, as well as the needs of users at any given time. While creating a safe and inclusive environment for gamers

Gold Rocket | Satoshi Club: Safety first👍

Маry Satoshi CLUB: Do your users need any KYC verification?

Thomas Wasder: That being said – There will be safety mechanics put in place to ensure that criminal activity & societal issues are not possible in our ecosystem, through automated systems

Thomas Wasder: Not yet

Thomas Wasder: No social platform in the world requires KYC yet

Thomas Wasder: And since gamers use “gaming nicknames” its a challenging issue

Thomas Wasder: We are looking into how we can become the first in the world to do this right

Маry Satoshi CLUB: But sometimes Facebook asks to verify identity 😉

Thomas Wasder: But I cant promise that its possible

Thomas Wasder: Its a huge resource question

Thomas Wasder: But we definately want to do it over time

Маry Satoshi CLUB: That’s right😀

Thomas Wasder: Primarily to make sure we create a safe platform for children & women in gaming

Thomas Wasder: As gaming has historicy been toxic at times

Gold Rocket | Satoshi Club: The next question will probably continue this topic.

Маry Satoshi CLUB: You’re 100% right!

Thomas Wasder: Sure thing

Q4 from Telegram User @Highpee

After downloading your app, I discovered I needed to sign up by providing email credentials and bio-information before I could use your app. I tried to see if I could manage the information provided or even delete my account, but am unable to do so because such functions is not available in the app. So, how are users data stored or kept in the app? What parts of user information are available for public? Why can’t a user change email or delete his account information? In addition, how do I set my payment details and connect my payment wallet to wasdar app and what functions of this app are executed on the blockchain?

Thomas Wasder: Great question

Thomas Wasder: So, the reason why we TEMPORARILY removed the manual deletion of accounts, is actually because we are integrating a third party service that works exclusively with data privacy.

Thomas Wasder: So that when users delete their accounts, we permanently remove the records

Thomas Wasder: Right now, any user who emails us, we will manually do the work with devs

Thomas Wasder: But it was to make sure that we can have a verified, third party software handle the entire process for us

Thomas Wasder: Right now, you cant connect your blockchain / crypto wallets to Wasder, that is coming. Most likely within the next few months

Маry Satoshi CLUB: Can you name us this third party?😀

Thomas Wasder: The blockchain functionalities will be our reward systems, which touches on almost every function

Thomas Wasder: Not yet, due to two things. A NDA contract, and that we want to officially announce a partnership later on 🙂

Thomas Wasder: Its a marketing & PR value for us, hence we want to actually make a thing out of it later

Маry Satoshi CLUB: Got it😉 i ‘love’ NDA😂

Thomas Wasder: So anything that touches on our reward mechanisms & tokens, will be built into a blockchain system

Маry Satoshi CLUB: And also, guys, i want to ask about your platform security audits😀 do you have them?

Thomas Wasder: Also fun fact… that we havent told anyone yet, we are exploring how verified (vip) users can mint their own NFT’s in our ecosystem, for their fans

Маry Satoshi CLUB: Wow! You will have NFT?😀

Thomas Wasder: Not right now. We do internal audits, similar to what LeoVegas did in gambling.

We will officially do external audits that people can go over in the future

Thomas Wasder: Yes, NFT reactions to posts, NFT badges, NFT avatars, and NFT event tickets!

Маry Satoshi CLUB: Got it!

Thomas Wasder: Also, @sam6ft9 has a fun announcement for you guys right now

Thomas Wasder: This is literally JUST confirmed

Thomas Wasder: and we have NOT communicated it yet

Маry Satoshi CLUB: Give it🚀

Sam: Yes, big news!

Sam: We are officially going live with single asset staking and lockups Monday at 12pm UTC!

Sam: And, the staking lockups have some pretty awesome rewards

Sam: like custom NFT reaction bars

Sam: you can win a trip to stockholm

Маry Satoshi CLUB: Wow! Where we will be able to stake?😀

Sam: and lots of other cool stuff

Sam: https://wasder.gg/token-staking/index.html

Маry Satoshi CLUB: I want this trip😂

Gold Rocket | Satoshi Club: this is really great news👏👏👏🎉

Thomas Wasder: yep!

Маry Satoshi CLUB: Where we can get WAS?

Gold Rocket | Satoshi Club: You spoil us very much with great news! 😁

Thomas Wasder: So, right now $WAS is available on uniswap and 0.exchange , and there is actually another piece of news on this too.

Thomas Wasder: @sam6ft9 can do that now too.

Sam: Yeah, so we will launch on BSC next week as well!

Маry Satoshi CLUB: Actually, our next question is related to mine😀

Sam: so pancakeswap will be available next week

Gold Rocket | Satoshi Club: Oh! Yeah👍

Thomas Wasder: AND liquidity pool staking is already possible on 0.exchange for ETH/WAS, with crazy rewards

Маry Satoshi CLUB: Cool!

Маry Satoshi CLUB: But anyway i think you will find what to add while answering the next question 😉

Q5 from Telegram User @NataliyaKil

Wasder has every chance of becoming one of the most popular platforms in the future thanks to a large number of functions that are offered to users and gamers: from chatting with friends to battles and parties! But I found out that the WAS token is currently quoted only on Uniswap, and only in the WAS / ETH pair? Are you planning to list on other more famous and currently used exchanges and add more pairs (not only with cryptocurrency, but also fiat) to attract users? And how soon will this happen, because at the moment you have limited your potential users in the choice and are simply losing them?

Sam: that’s a great question!

Маry Satoshi CLUB: What about CEX exchanges, btw?😉

Sam: Because of regulatory frameworks, we’re not really allowed to talk about exchanges, or any price speculations publicly. But what I can say is that we are working hard to create token health.

Sam: positive token health

Thomas Wasder: Now see, if we told you THAT you would have a massive advantage.

So we cant really answer that.

But as Sami said, we are actively working on positive token health.

Thomas Wasder:😉

Gold Rocket | Satoshi Club: Tell us please about your tokenomics btw😊

Маry Satoshi CLUB: Looking at you guys, i even have no doubts😂

Sam: All tokenomics can be found on https://wasder.gg/token-info/index.html

Thomas Wasder: Sami is linking tocenomics

Thomas Wasder: but

Sam: instead of me writing an essay here haha

Thomas Wasder: What I will say – imagine 1 000 000 users (thats 2021 growth projections)

Thomas Wasder: its very few available tokens pr user

Thomas Wasder: Now imagine 10 million active users in 2022

Gold Rocket | Satoshi Club: thanks for sharing! 😁

Thomas Wasder: Growth is essential and key in our platform, and we will NEVER make more tokens available

Thomas Wasder: But since everyone will want tokens for the stuff the tokens will do in our platform….

Thomas Wasder: Buyers market..

Маry Satoshi CLUB: I think i already want them🤩

Thomas Wasder: I want 10 million of them 😉

Gold Rocket | Satoshi Club: Thanks guys! Great answers! Ready for the last question of this part?

Thomas Wasder: Yes!

Q6 from Telegram User @victorogb

In the coming weeks and months, Wasder aims to introduce a tokenized rewards system that gives true value and an unforgettable experience to users. Wasder states that these rewards system is tailored specifically to the gaming passions of the user. With that said, rewards are a big motivator to any gaming and social community, irrespective of age group and demographics. Can you briefly list some of the projected rewards systems and how it will give the user an enhanced gaming experience, what are the possible timelines to rolling out these features, and would Wasder make such rewards a tiered type?

Thomas Wasder: I love this question

Thomas Wasder: So let me try to go into a bit of underlying thought process here

Маry Satoshi CLUB: Yes, we all love rewards 😍

Thomas Wasder: We want our tokens & rewards to do 2 things

Thomas Wasder: 1: Give tangible value

Thomas Wasder: OR

Thomas Wasder: 2: Give REAL unforgettable experiences

Thomas Wasder: So on number 1; tangible values.

We are talking custom avatars, custom reactions, different themes on platform, access to “more” volume on certain functionalities

Thomas Wasder: But on number 2, experiences, this is where it gets really fun

Thomas Wasder: The way streamers and content creators today make money, is based on ads, donations and subscriptions on twitch

Thomas Wasder: Imagine events where fans can PLAY with their favorite streamers

Маry Satoshi CLUB: Wow!

Thomas Wasder: 99 people in fortnite, thursday night, kick my ass infront of 50 000 people

Thomas Wasder: It provides real value to the fans, massive value for the streamers

Gold Rocket | Satoshi Club: Lol😁

Thomas Wasder: and changes the way the gaming industry monetizes content creators

Маry Satoshi CLUB: Fantastic 🚀

Thomas Wasder: Thats our goal. So you can participate in events, have a fun experience, and the streamers can vary from a streamer with 50 000 followers, all the way up to superstar!

Gold Rocket | Satoshi Club: This is really grand

Thomas Wasder: So thats how we think about it.

Our tokens play into “The game of Wasder” 😉

Маry Satoshi CLUB: Btw, my son is asking if you Brawl Stars game?😂

Thomas Wasder: Brawl stars is already on platform!

Gold Rocket | Satoshi Club: The scale is impressive! 🚀

Thomas Wasder: BUT, i dont think our brawl stars community is very big

Thomas Wasder: But he can grow it!

Маry Satoshi CLUB: Wow, than you will have one more user 😂

Thomas Wasder: He should bring his friends ! 🙂

Маry Satoshi CLUB: Yes, we will work on it!

Part 2 — live questions from the Telegram community

Q1 from Telegram User  @Wong2008

Can gamers use voice chat on the games through your platform?…if not do you have any plan to make it available?

Thomas Wasder: Right now, voice is not available. However, its on our VERY VERY VERY near future roadmap. We will make voice available inside “party chats”, meaning the conversations that you make with people that you match with in the matchmaking service, and for your closest group of friends.

For bigger communities, we know Discord does extremely well, but we want to make voice chats easier to access and more fun for everyone.

Q2 from Telegram User  @captainprice111

You state that we should lock coins to win epic rewards and we will win rewards according to the time we lock and the amount of coins, what will be the amount of this earnings? Will users be able to spend their earned tokens only within the platform or transfer them to their wallet?

Sam: You can see the APYs and rewards on https://wasder.gg/token-staking/index.html, and of course, once the locks end, you can transfer your tokens to your wallet and do as you please with them!

Q3 from Telegram User  @NataliyaKil

You want to introduce fan rewards for content creators.  What will the reward amount depend on and will it be in WAS tokens?  Will fans be able to choose who to reward and who not?

Thomas Wasder: Yes, absolutely. We want people to reward their favorite content creators, but also we as a platform want to reward those that create quality content in a non-toxic and inclusive way. We want Wasder to be a space where everyone comes, and loves to hang out!

Q4 from Telegram User  @Toslim02

Could you give me 3 best features to convince me and other investors invest in your project in long term???

Sam: Sure

1. Match Making – no other platform offers a unique matchmaking feature like ours where you can find like minded players

2. Brand pages – create your own micro ecosystem within our macro eco system. Host your game, community, brand, e-sports team etc.

3. We are the only social platform for gamers that is not a “crypto” project only. We have a significant amount of large investors (billionaires, silicon valley VCs, Apple executives etc) that are seeing what we are building long term.

Q5 from Telegram User  @Pratze

Would you please share what kind of game do Wasder project have? It said you have over 50.000 games, is this true? Can you explain?

Thomas Wasder: Yes 100%, so Wasder is build for the gaming industry as a whole.

Our matchmaking (party play) function – is build to allow you to search for anyone who plays your favorite game, and its the same with our social feeds. We sort content based on a HUGE database of games, and we’ve added 50 000 games so far. But thats just the beginning. Any game with a social nature, will eventually be in our database, and we add tons of games every week.

over time, we will more deeply integrate with each individual game, but that depends on our community + which partnerships we make!

Q6 from Telegram User  @qiayion

Nowdays So many Rug Pulls and exit scam happening . How Users can trust your project and how you are different from others?

Sam: Sure, I understand that concern. First of all, the whole team is doxed, we have no anonymous people on our team. We are all real people.

Second, we have investors on the equity side – billionaires, silicon valley VCs, Apple executives etc.

We have already announced big partnerships with Razer, Gala Games etc and done lots of press around it.

Q7 from Telegram User  @yellowchamp

How are you open for community participation in your platform? Are you open for any suggestions and reactions from community?

Thomas Wasder: 100% 100000%!

Everything we do, literally everything, is based on what is best for our community!

My favorite game designer of all time is Raph Koster – and his entire philosophy is based on transparency and close communication with the audience.

its absolutely crucial for us to have our “finger on the pulse”, so our database, our community team, our devs, even our executive team is always on the platform on a daily basis, checking feedback and conversations for how we build.

We also communicate our visions months in advance, to get early input and make the best project out there.

When I was at EA, this was the part i hated the most. I hated how “out of touch” with gamers we were on a corporate basis, and I swore never to let that happen here.

Q8 from Telegram User  @nitrogenpower

Did you audit your smart contract?

Thomas Wasder: Yes we did ! Zokyo audited our smart contract, you can find it here!

https://wasder.gg/assets/wasder_ZOKYO_SC_Audit_1.pdf

Q9 from Telegram User  @Shaa93

Wasder is not a “crypto” company, So what is the relationship between Wasder and Crypto?

Thomas Wasder: Wasder uses crypto and blockchain as a way to support the rest of our product and offering. That means that crypto & blockchain touches on everything we do, but we see it as a support mechanism for a “normal” product offering.

We want to show the entire world the benefits of blockchain, and bring it to millions of consumers on a daily basis.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Wasder . They’ve prepared 4 questions for this part. The total reward pool for 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:

Wasder Website – wasder.gg
Wasder Telegram – @WasderOfficial

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 IDoge and our guest was @theharryvoice – representative of IDoge. The AMA took place on 5th of June.

The total reward pool was 1000$ 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, dear Satoshi Club community! We are pleased to announce AMA with IDoge.

Today our guest is @theharryvoice!

Andrés M. | Satoshi Club:
@theharryvoice welcome to Satoshi Club.😃

Harry (@theharryvoice):
Hello.

I am ready.

Andrés M. | Satoshi Club:
Hello there, how are you today?

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

Harry (@theharryvoice):
Thank you for having me

Glad to be here.

Andrés M. | Satoshi Club:
It is an honor for us to have you here. We are so excited for this AMA session!😁

Gold Rocket | Satoshi Club:
We are also very happy to have you here and very excited about the upcoming AMA😊

Harry (@theharryvoice):
Definitely, so shall we start?

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

Harry (@theharryvoice):
Influencer Doge (iDoge™) is a BEP-20 utility token that intends to produce easy passive income for our token holders by developing various profit-generating businesses in an assortment of different industries, such as art, clothing, entertainment, gaming, and software development.

My name is Harry. I am the Chairman of the Board of Trustees, on top of being the Main guy for iDoge, I am also a social media influencers

Gold Rocket | Satoshi Club:
Sounds great👍

Nice to meet you Harry 😊

Andrés M. | Satoshi Club:
Where is the project-based? Where are you from Harry?

Harry (@theharryvoice):

• 

• 

Here are my profiles.

The project is based in Los Angeles, California.

Many other influencers have already joined the project.

Gold Rocket | Satoshi Club:
So you are a real influencer😁👍

Harry (@theharryvoice):
Like very real.

You cannot find someone more real than ne…lol.

Also, our board members are real as well.

All of them have a following of their own.

Andrés M. | Satoshi Club:
That explains the 30k members number of your Telegram group😁

Harry (@theharryvoice):
That, and.

We actually did a huge airdrop.

Andrés M. | Satoshi Club:
That’s great, not anonymous team. Btw, how did you choose the name of the project? Why IDoge?

Harry (@theharryvoice):

• 

• 

We believe in transparency.

iDoge is a catchy name, on top of that, we are Influencer Doge because real influencers are involved and invest into it as well.

Gold Rocket | Satoshi Club:
Tell us about the benefits of IDoge. How is it different from others Doge projects?

Harry (@theharryvoice):
At iDoge, we believe in rewarding our tokenholders, we want to become a profitable business, which I already planned all out. From influencer websites/merch to production companies, streaming services, etc.

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

Harry (@theharryvoice):
Those are archivable because we have the knowledge and expertise to execute the plan.

Yes, the community is a big part of our project.

Andrés M. | Satoshi Club:
We love airdrops as well, how to join and when will you have another airdrop?🥳

Harry (@theharryvoice):
We are kinda like a public-trade company

As board of trustees, we are responsible to all of our token holders.

You invest into us, we work for you.

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

Harry (@theharryvoice):
This is what separates us from other meme tokens

We are here to make money for our tokenholders.

We are transparent.

We have an actual plan to profit.

Of course

We have built-in marketing already.

So the sky is the limit.

Andrés M. | Satoshi Club:
Great job. 👏

Harry (@theharryvoice):
Yea, go ahead with the questions

Q1 from Telegram User @Cheriemike
Two things are confusing to me from your medium, i notice ✌️things. First, you said iDoge will be the first ERC-20 token to operate a production company that develops shows to be broadcast on major streaming services.Second, Influencer Doge (iDoge™) is a BEP-20 utility token that intends to produce easy passive income for our token holders by developing various profit-generating businesses in an assortment of different industries, such as art, clothing, entertainment, gaming, and software development. My question is, Is iDoge using these 2token? And if I want to invest, which is preferable to use is it ERC AND BEP-20 token?

Harry (@theharryvoice):
So there are couple parts in this questions: 1. iDoge was originally an erc-20 tokens, but we have to abandon erc-20 and do the swap because of gas fee is too high and VB sold one of the memetokens for profit which break the trust of the eth community, he was supposed to be a referee and obviously he didn’t do his job. 2. iDoge is technically a separate project from ERC-20 tokens. But most of the ERC-20 iDoge holders got swapped from ERC-20 to BEP-20.

Basically, the original erc-20 token holders were the “pre-salers”.

Also

We are no longer recognized the ownership of ERC-20 tokens.

The reason that project still exist is because of the liquidity lock that was put in place.

We cannot take the liquidity out from ERC-20 tokens until the lock expires.

Andrés M. | Satoshi Club:
Will you bridge IDoge with other chains into the near future?

Harry (@theharryvoice):
Right now we are going to focus on getting us on major exchange first.

If iDoge ever going to bridge, it will probably be an IDO for projects under iDoge operation.

Gold Rocket | Satoshi Club:
What exchanges are you considering now?

Andrés M. | Satoshi Club:
Yes, how to buy IDoge token right now?

Harry (@theharryvoice):
Right now we are engaged with hotbit, and others I cannot say because of NDA.

Harry (@theharryvoice):
We are on Pancakeswap.

Andrés M. | Satoshi Club:
We understand, professional secret.😃

Harry (@theharryvoice):
Yea.

Gold Rocket | Satoshi Club:
Hotbit and pancakeswap are great choices!👍

Andrés M. | Satoshi Club:
Thanks for your answers Harry, ready for the second one?

Gold Rocket | Satoshi Club:
Thanks for your answers! Are you ready for the next question?😊

😁 aww

Andrés M. | Satoshi Club:
🥳

Harry (@theharryvoice):
Of course

Q2 from Telegram User @h1drX
On your website you say that iDoge can become a widely accepted token as a form of payment by many e-commerce stores in the next 12 months, does this mean that the iDoge token could be a form of payment on platforms like Amazon? Is there any progress on this issue? Also, it struck me that iDoge is run by influencers, what does this mean? What relationship does iDoge have with influencers?

Harry (@theharryvoice):
All of our Influencer’s Merch Store will be accept iDoge as a form of payment. the technology has already been exist for a while. But somehow only a few people know about it. Believe me, it is strange.

Once other eCommerce stores see iDoge is accepted, they will be more than likely adopt us as a form of payment as well.

Gold Rocket | Satoshi Club:
Maybe not enough marketing?

Harry (@theharryvoice):
Amazon is down the road.

We have to do it step by step.

But what I can tell you is.

We will be wildly adopted by many small businesses.

We are going to demonstrate it can be done.

Especially with WordPress/woo-commerce run websites.

So about relationship between iDoge and Influencers.

1. I am well-known around all the US Influencers

Andrés M. | Satoshi Club:
That’s the way to increase adoption, excellent🥳

Gold Rocket | Satoshi Club:
I think this is not a bad strategy. 😉👏

Harry (@theharryvoice):

1. Other members of the board of trustees are influencers

We are regular among all the influencers

Which mean

We can leverage our relationship with other influencers just because of who we are as a team.

What I want to add is, majority of the functional small business ecommerce websites are wordpress/woocommerce websites.

As I have said previously, the technology to adopt tokens as a payment has already been existed.

Just only few people knows about it, which I am surprise.

Also, we have a meetings.

With most of the top crypto tiktokers just yesterday in Miami.

Andrés M. | Satoshi Club:
Like whom?

Harry (@theharryvoice):

• 

• 

Gold Rocket | Satoshi Club:
Sorry. I had a problem with internet connection.😅

Harry (@theharryvoice):
Macncheeasy, Austin Rutherford, Blockchain Boys

Joshua Jake

Yes, I am in Miami attending Bitcoin Conference

Right now sitting at my hotel room talking to you all…

Gold Rocket | Satoshi Club:
What a warm meeting friends 😍

Harry (@theharryvoice):
Right after this I will be heading to the conference to conduct more business meetings

For iDoge

Andrés M. | Satoshi Club:
That’s great! Maybe some of our Satoshiclubbers on Miami can know you there

Harry (@theharryvoice):
Def

Just let me know.

Gold Rocket | Satoshi Club:
Thank you very much for sharing with us.👍

Harry (@theharryvoice):
@theharryvoice

Thats my telegram.

Andrés M. | Satoshi Club:
Thank you Harry, will be great to have a pic with you.

Harry (@theharryvoice):
My honor.

Gold Rocket | Satoshi Club:
Teg #SatoshiClub in your Instagram page 😁 and maybe someone will find you 😉

Harry (@theharryvoice):
Likewise.

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

Harry (@theharryvoice):
Yea

Q3 from Telegram User @Highpee
In Quarter 4 of this year, you are going to launch a feature which you called Secret Project Launch. I have been thinking aloud to really understand what this function will be used for. I know that in Q3, you will have launch the iDoge foundation which will act as an incubator that select startup project to offer guidance and invest in. So, is this feature related to it? Or is this a launchpad? Why will the project launch be secret? What type of projects will be launched this way and what benefit will your ecosystem derive from the take-off of this function?

Harry (@theharryvoice):
Secret Project will be something that going to blow everyone’s mind. I cannot say much details about it. But that project already have 10 patents and will be very profitable within the next 2 years.

For iDoge foundation, what this is going to do is to invest in aspiring entrepreneurs have incredible ideas.

Basically we are just going to be like launchpad, or shark-tank.

But we are not limit ourselves to crypto only.

Gold Rocket | Satoshi Club:
Even though it’s a secret, we’re still waiting for a hint 😉

Harry (@theharryvoice):
We want to invest in anything that is promising and have clearpath to profit.

Andrés M. | Satoshi Club:
It sounds exciting.😁

Harry (@theharryvoice):
A steaming services

That is the ultimate answer to decentralize.

In another word, Netflix and Hulu is going to hate me a lot…lol.

Gold Rocket | Satoshi Club:
It’s a very promising direction today👍

It is not easy to be an influential person😉

Harry (@theharryvoice):
Not only that

We want to open the process to other production companies to be able to have their own channel under the streaming services.

And they will have total control of how much they can make.

Anyways, thats all I can say for now.

Andrés M. | Satoshi Club:
Btw, please share with us your whole roadmap

To know what else is coming.

Harry (@theharryvoice):
In Q2, early Q3, we will be start opening a lot influecner merch store.

And in Q3, we will be open our NFT Marketplace. also launching our productions company.

As well as Influencer Marketing Agency.

Those are profitable by itself.

We are going to be ready for the Holiday season.

A lot of profit to be made.

and it is going back to the tokenhodlers.

We are planning to pay dividends for the first time in Q1 2022.

Gold Rocket | Satoshi Club:
Sounds great 👍 Thanks for your answers! Ready for the next question?

Harry (@theharryvoice):
Yes.

Q4 from Telegram User @andrey_seleznov
Hi iDoge! ‍
I see in the tokenomics chart that 52% of the total iDoge token supply are Investor or Influencer investments and that this liquidity is locked at Team Lock with renewal of the lock every 30 days. Can you share some details about these early investors and influencers who supplied this liquidity are they random people or close friends etc involved in the project? How was the presale done and why lock renewal each 30 days, why not simply lock it for 10 years or so without renewals?

Harry (@theharryvoice):
The reason of why every 30 days is we want to see where we are going to stand, and then determine the course of actions, more than likely, 98.5% of the currently locked tokens will be back into the lock again.

Most of the liquidity are from ERC-20 token holders.

and,

There are only 3 of us that owns most shares in the lock. It’s myself, lakota, and Christ

Chris

So it is easy for us to make the deal and going back to relock.

Also, the reason we have to review every 30 days is

We may need to put our own holding into exchanges.

Also,

We know who owns the top 40 wallets.

So it is easy for us to track who sold or not.

Andrés M. | Satoshi Club:
Interesting, btw what is the max supply?

Harry (@theharryvoice):
10billion total supply

15% burned

And currently 28.8% locked.

But we will continue to lock most of it and Chris the whale will agree to lock for a longer period as we make a lot of progress.

So am I , and Lakota.

Gold Rocket | Satoshi Club:
Thank you very much for the detailed answer 👍 I suggest moving on to the next question!

Andrés M. | Satoshi Club:
Great choice.

Harry (@theharryvoice):
Yes.

Q5 from Telegram User @GauravSinghGill
As you have many plans to make iDoge grow. Hopefully, we can see iDoge on many exchanges in no time.
But can we see iDoge having it own Android/iOs applications? Can we see iDoge as currency used for buying products from grocery stores to buying cars ?
Can we expect iDoge launching some electronic products of its own with the brand name iDoge on it ?

Harry (@theharryvoice):
Right now, we are going to focus on web application, because this is what we are best at. But once we can prove our capability, we will start developing Andorid/IOS applications.

We just need to do it step by step.

We rather to underpromise and overdeliver.

Andrés M. | Satoshi Club:
That’s the correct way to work👏

Gold Rocket | Satoshi Club:
This is a great strategy and it will pay off.👏

Harry (@theharryvoice):
Thank you.

Gold Rocket | Satoshi Club:
Ready for the last question of this part? 😃

Harry (@theharryvoice):
Yes

Go ahead.

Q6 from Telegram User @NataliyaKil
According to the Q4 roadmap, you had a Hardfork planned (Creating a new token that represent the ownership of both iDoge INC Owners and iDoge Tokenholders). But when I went to your site again, I found that this item was excluded. Tell me, why did you decide to hard fork earlier, but now you have given up? What was the purpose of your hard fork, what token were you planning to create and for what purpose? Have you completely abandoned this, or have you just postponed the process for a certain period of time?

Harry (@theharryvoice):
We already hardfroked

We have to move it now because of what VB did to the ERC-20 community couple weeks ago.

Also,

We have done the swamp with all the original erc-20 tokens.

This is why we didn’t have an actual pre-sale.

ERC-20 holders were the pre-salers.

Andrés M. | Satoshi Club:
I understand community is an important pillar for IDoge and you had some big airdrops, currently you have any big event to reward your community?

Harry (@theharryvoice):
Not actual big event

Andrés M. | Satoshi Club:
Contests, staking, farming?

Harry (@theharryvoice):
We are about to launch a rewards website.

To reward community when they complete tasks.

Andrés M. | Satoshi Club:
Great news, another reason to support you. Don’t forget to share the announcements about it with our community🥳

Harry (@theharryvoice):
Definitely!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cryptoneco
You will distribute dividends to token holders in the first quarter of 2021. You will determine the dividend amount in print and according to what criteria will you distribute it? Will there be a minimum token holding rate for this?

Harry (@theharryvoice):
Will there be a minimum token holding rate for this? Anyone will be able to receive dividends, we should be able to get a customized solution to get all tokenholders address when snapshot.

Q2 from Telegram user @Kannan12_34
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is it like this? If not can u tell us, What makes it different from other projects?

Harry (@theharryvoice):
Yes, a lot of projects promise magic, but this is not us. We are transparent, and we will not promise any of our investors something if we don’t know if we can achieve it. this is why I didn’t answer the android/iOS part with details.

Q3 from Telegram user @cindy_crypto
You and your project is well known in US but not much on here on Asian countries so do you plan to create an ambassador program for expanding the word? Where to apply it?

Harry (@theharryvoice):
We have couple of team members working on it.

Q4 from Telegram user @highpee
You said that the ERC-20 iDoge is still existing because of your locked liquidity which you are unable to remove. For users who are still with the ERC-20 iDoge, is it safe to still transact iDoge ERC-20 since there is locked liquidity, or have you stop supporting it completely?

Harry (@theharryvoice):
Well, the swap is over, and anyone that didn’t get in on time for the swap will not be able to swap anymore. we have over 90% of major holders successfully transitioned.

Q5 from Telegram user @nitrogenpower
When I look into the price chart, idoge was really mooning till the end of the May. But suddenly a crush started after that. After that I research about it and see auto-liquidity process has been executed and price dropped after that. Why did you execute auto liquidity process? Now price seeming to go up again. In the future can you open SwapAndLiditidy again for price drop?

Harry (@theharryvoice):
Yes, while auto-liquidity can cost marketcap to drop, but that also in place to prevent huge dumping, because the more liquidity it is in the lp pool, the stronger the project is. The reason I have to execute the liquidity process is to prevent huge dumping. Yes, we can, but I am trying to do it as less as possible, but we do this just to make the foundation stronger.

It’s a painful decision, but we have to get it done from time to time.

Let put it this way.

All projects do it as well, and they do it often.

We are not planning to do this often at all.

Q6 from Telegram user @andrey_seleznov
You redistribute 4% among holders via reflection. This means users just need to hold $iDoge in a wallet to benefit from the growing amount of tokens in the wallet. Please clarify, what happens if the user provides $iDoge liquidity on the DEX, will reflection still work for LP tokens? Can holders get the best of these two earning possibilities: reflection plus DEX trading fees?

Harry (@theharryvoice):
Well, first of all, we don’t recommend users to provide iDoge liquidity, second, if they do, they will not be benefit from it…

Q7 from Telegram user @xperia3
Community means so much for successful projects. Projects which grow together with a community, stay strong even in market crashes. What are your plans to create a core community? How will you attract people and make them stay in iDoge project in long term?

Harry (@theharryvoice):
We are about to launch a rewards-based website to incentivize the community do more. like community will be able to make some idoge by completing tasks.

Q8 from Telegram user @Tahsinahmett
The financial strength of the team at the beginning is important for the survival of the projects. Of course, not every project has a rich like Elon Musk. What would you say about the financial situation and team of your project? What have you accomplished in the short term?

Harry (@theharryvoice):
Well, we have been able to stabilize our price for a while, yes, we may not have the help but elon musk, but we have a lot of influencers helping us, so we are doing good in term of marketing.

Q9 from Telegram user @cryptoneco
Why did you add only 1% burning mechanism when most projects were designing deflationary tokens while adding 3-5% burn mechanism? If there is community demand for this ratio to change, will it change?

Harry (@theharryvoice):
Because if we do more burn, we will not be able to be in compliance with the U.S. Securities and Exchange Commission as there will be too many tokens that is unaccountable for when comes to paying dividends.

Q10 from Telegram user @NataliyaKil
While researching your team, I discovered that Board of trustees iDoge members have accounts on one of the entertainment social networks Tik Tok. In their accounts, they have a huge number of subscribers.
Is there a Tik Tok page for the iDoge project? Are you engaged in attracting users in this particular social network: distributions, promotions, contests, do you talk about the news of the project? Does the fact that team members have such a huge number of subscribers brings at least some benefit to the project?

Harry (@theharryvoice):
Yes, our TikTok is https://www.tiktok.com/@idogetoken

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of IDoge. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 800$.
For more information and future AMAs, join our Social Media channels:
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Our partners
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We were delighted to welcome our guest from NFT Stars. The AMA took place on June 4th, 2021 and our guest was @AntonCheco!

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

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Маry Satoshi CLUB: Hello  Satoshi Club! We are happy to announce our AMA session with NFT Stars! Welcome to Satoshi Club😀

D. Папа Роуч: today our guest – @AntonCheco ! greeting! welcome to Satoshi Club!  🙌

Anton Checo: Thanks a lot! It’s a pleasure to be here 🙂

Маry Satoshi CLUB: Hello, Anton👏 welcome to Satoshi Club!

Маry Satoshi CLUB: How are you today?

Anton Checo: Doing great! Preparing for an IDO for tomorrow 🔥🔥🔥

D. Папа Роуч: big event is coming 👍

Маry Satoshi CLUB: That’s fantastic! Let’s start 🚀

Маry Satoshi CLUB: I want to tell, that we want to know all about NFT Stars, as we are a big NFT fans😀

Маry Satoshi CLUB: But first, let’s start with your intro 😉

D. Папа Роуч: our first question in part 1 about IDO, so please don’t share too much information in the intro 😉😄

Anton Checo: Glad to hear it!

Anton Checo: Well, my name is Anthony Checo – COO of the NFT STARS & SPACESWAP projects, previously worked as a COO and Business Developer at the Blockchain engineering company (platinum.fund) since 2014 – over 7 years of experience in the crypto industry and has helped over 350+ crypto projects.

We are in here today to talk about A revolutionary multi-chain NFT Marketplace with its own ecosystem that will change the NFT industry 😉

Маry Satoshi CLUB: Very nice experience! How did you get involved in crypto?

Anton Checo: Oh shoot! 😉

Anton Checo: Started with our own ICO but then decided to do services providing back then since it was in high demand 🙂

D. Папа Роуч: sure, after brief intro of yours 😁

Маry Satoshi CLUB: Wow! You were fast, not everyone starting with own project😀

Anton Checo: Gotta move fast to get the cherry on the top of a cake 😉

Маry Satoshi CLUB: But i see that ‘fewer words, more deeds’ is about you😉

Маry Satoshi CLUB: Thank you for your intro! Do you want to add something or we can move to the questions from our community?😀

Anton Checo: Once again- it is my pleasure to be here!

But yeah, let’s move on!

Q1 from Telegram user   @imwiiw27

NFT STARS will launching tomorrow June 5th 2021, the public sale of its native token NFTD on BSCPad, CYBERFI SAMURAI and A2DAO LAUNCHPAD. Can you tell us the details of your IDO? Can anyone participate in the IDO? Are there certain amount needed to participate? And Does it need KYC?

Anton Checo: Great question.

Well, to begin with- every platform has its own requirements, so to not miss any details – I’d recommned you checking them out yourself.

They all will have different allocations as well.

As for the conditions: the price will be 2$ only per token

10% TGE = and then we will have an unlock of 22% every month for the next 4 months

Anyone can participate, there are no strict requirements 🙂

Anton Checo:

Here is the info pic for the total supply for Public Sale 🙂

Маry Satoshi CLUB: Did you have any private sales before?

Маry Satoshi CLUB: I need to tell that you give your members a lot of opportunities by choosing several platforms 😀

Anton Checo:

Yep, we closed our private sales and here is the list of our investors

D. Папа Роуч: awesome!

Маry Satoshi CLUB: I need to say that this list impress😀

D. Папа Роуч: by the way, to clarify, will you conduct IDO on both network – BSC and Ethereum?

Anton Checo:

As for the private Sales- we have only 16.25% allocation for “Core Contributors” which are these companies on the top picture 🙂

Anton Checo: That’s correct.  Only BSCpad will have the BSC  All the other platforms (A2DAO/SAMURAI/FLYBIT)- are on ETH

D. Папа Роуч: nice! thank you, important to know that 😊

Маry Satoshi CLUB: Thank you for your answers, Anton!

Anton Checo: No problem at all – all info is also located in here in case you need it 🙂

https://nftstars.app/en/investor/

Anton Checo: No problem at all 🙂

Маry Satoshi CLUB: Hope everyone will be able to buy😀

Маry Satoshi CLUB: And are you ready to proceed?

Anton Checo: Of course! Let’s roll 🙂

Q2 from Telegram user @surendra040

NFT Stars wants to transform the NFT industry into all being into quality, not quantity which is a really amazing mission. How do you plan to achieve this? NFTSTARS also offers that special treatment that no other platform does to its STARS. So what is your special treatment about and how will it help to find truly worthy NFT?

Anton Checo: Okay, to begin with – NFT STARS is not just an ordinary platform but the whole ecosystem that has some really unique features in it that I will briefly tell you about:

 1- AR-layer solution – an opportunity to get into the NFT AR gallery using a mobile application that will be no different to a real-life exhibition.

2- NFT Quests – First quests with the help of NFT in the world, also played a role in creative marketing for us as well as creating a big community for the NFT Stars.

 3- Fractional Trading – sale of high-value tokens in parts for big players such as Beeple as well. (just an Example)

4- Initial NFT Offering – Creative Launchpad using unique Shadow Staking system.

5- Pricing Scanner is a unique tool for evaluating NFT in the current market

As you see, many of these products are very unique and will definitely have its place in the NFT industry by helping beginners as well as NFT professionals.

Маry Satoshi CLUB: Yes, that’s really unique system! I saw platforms which offered one or two, let’s say, similar features, but not all

Маry Satoshi CLUB: Tell us, who developed this? Who are in your team?😀

Anton Checo: As for the treatment- we will and already care for the NFT STARS users, that is why we have made all of the NFT Token minting absolutely for free!!

So there is no need to pay for minting, the commission will be withdrawn only after the sale.

The commission will vary on the type of your account:

General 2% / Premium 8%

The difference in Premium will be : a few hrs of a free consultation with our legal team / Personal NFT STARS manager and many others

But the whole aspect in here is that all of these commissions will actually go towards the NFTS Token Buyback as well as its burn right after.

Anton Checo: Sure thing! We have a public team located right on our website in here, which you could see me in as well Sure thing! We have a public team located right on our website in here, which you could see me in as well

We are very transparent and you could also see our activity in the NFTSTARS chats sometimes 🙂

D. Папа Роуч: this is very cool!

Маry Satoshi CLUB: And as i understand your marketplace will be available on both ETH/BSC?😀

Маry Satoshi CLUB: I love this! 😍

Anton Checo: We will actually have 3!

BSC / ETH / and Huobi ECO Chain – that can be simply switched right in your Metamask wallet which will change the design of the platform as well.

I will give you a sneak pic of how it looks

D. Папа Роуч: sure!

Anton Checo:

Anton Checo: Well, 3 as for now.

We also have a few famous blockchains coming up soon 🙂

D. Папа Роуч: but how is it possible to mint NFT for free on Ethereum?

Anton Checo: Well, that’s when our team takes care for the quality of the product.

Which means that if you are a true artist that has passed our screening process (which is simple, you just have to verify the authenticity of your art works) – then the use and minting of the NFT tokens is free!

Anton Checo: It won’t be free for us, but will be free for our users 😉

D. Папа Роуч: interesting approach, you will be a quite popular among artists 😄👍

Anton Checo: We already have some really famous people on board 😇

Маry Satoshi CLUB: Can you tell us their names?😉

D. Папа Роуч: great! i hope everything will get better and better for everyone who use NFT Stars  😊

Anton Checo: I would love to, but we have an NDA signed.

I can give you a hint of the first one, his/her few videos on Youtube have gained over 40 mil views 😳

D. Папа Роуч: that’s a definitely a Star 😁

Маry Satoshi CLUB: Hmmm, i should go to YouTube and find😂 while i am checking you can answer the third question) ready for it?

Anton Checo: Glad we are on the same page then 😄

Anton Checo: Sure thing!

Q3 from Telegram user   @andrey_seleznov

Hi NFTStars! ⭐️

Recently NFT STARS announced a new partnership with BitBook, a travel platform for booking accommodation and earning rewards for sharing travel experiences. Could you tell us more about this exciting partnership? What benefits will it bring to all involved parties? How does BitBook plan to use NFT STARS, a multi-chain NFT marketplace, do you guys plan to create something like unique travel destination NFTs for them and help with ad placement?

Anton Checo: First things first, all of our partnerships were built with one goal- gain connections and truly interested people in the development of the NFT STARS.

And we surely did!

After having hundreds of hours on the calls with different VCs and KOLs – we have reached the point of getting in touch with really famous stars as well as crypto-stars as well 🤭

On the other hand, once we were partnering with one or another company- we have gotten really great support of them and the development strategy using our partnerships.

I cannot fully disclosure of the BitBook plans since our platfrom is only about to launch, although I can assure you in something unique is coming for nearly all of the partnerships that we have 🔥

Anton Checo: As you know, all big companies as BitBook or MakerDAO have really strict disclosure policy which I cannot go beyond…

Маry Satoshi CLUB: You partnered with really unexpected project 😉

Anton Checo: We have a strong reason for every partnership made  😉

Маry Satoshi CLUB: So, how many partners you have currently?

Anton Checo: If my count is correct- over 20 large companies and around the same with Super Stars

D. Папа Роуч: partnership a travel platform and NFT project is kinda unique, probably this combo will bring to the world something very interesting  😉

Anton Checo: Just like the rest of our products that we have in our Platform 😊😇

Маry Satoshi CLUB: Anton, do you want to add something or we can jump to the next question?🚀

Anton Checo: Let’s go on!

Q4 from Telegram user @meml97

I read that NFT Stars will implement something called “White Label Solution”, can you tell us more about this? How does this White Label Solution exactly work and for what kind of problem is this solution made for? How will this exactly help artists to get their own marketplace and at what cost by the way?

Anton Checo: Good one!

Anton Checo: White Label solution was actually made for any of the NFT STARS beginners that would love to create their own platform but with no enormous spending.

As you might guess, the marketplace development could cost you anywhere between 400-1mil$

And that’s where the White Label Solution comes in place. 

Any big players such as Gucci / Prada / louis vuitton etc. could just purchase our marketplace for a symbolic 100-150k$ and get the better version of the platform with no time-waste.

Furthermore, all of the funds from the White Label solution will go towards the NFTS tokens buy-back as well, which will generate not only the demand but also lower the supply and further increase its value.

So we will become a provider of White Label solutions for exclusive brands, they all will have Different front-end, same back-end.

Obviously, The front-end will be personally customizable for each brand.

Маry Satoshi CLUB: Do you already have first clients?😉

Anton Checo:

So yeah, it is slightly more complicated than it sounds, but including the factors of huge brands coming into the NFT industry – that will be really useful not only for them, but for the NFT STARS users as well💪

Anton Checo: We have a list of 10+ clients waiting for the release of our platform.

Маry Satoshi CLUB: It will be awesome! Great idea!

D. Папа Роуч: also, curious to know, what features will your token have on platform?

Маry Satoshi CLUB: Hope we will hear your names very soon😉

Anton Checo: I am sure you will be surprised 🤭

Anton Checo: Talking about our token – (NFTS)

it will have quite a few features:

– A Governance token to create a DAO NFT community (to vote and select artists)

– Staking NFTS in our vault for a chance to participate in the Initial NFT Offering

– A Reward token for the most active NFT STARS users (Marketplace Mining)

– Owning a certain amount of NFTS tokens ensures eligibility for NFT discount

– Ability to participate in NFT MANIA QUESTS with NFTS tokens

– Platform Liquidity Mining using farming pools and vaults

– Buy / Sell NFTs with NFTS tokens for a discounted price

– Lower Fees for artists if they hold NFTS tokens

– Ability to purchase special status on the platform to enable extra features

Anton Checo: So all of these features are assuring of the need for the token as well as giving the promising future of it I’d say 🔥🔥🔥

D. Папа Роуч: nice list 😊👍

D. Папа Роуч: thanks a lot for the detailed answers! ready for the next question?

Anton Checo: As always 👍🏻

Q5 from Telegram user @Jonahapagu

One of the unique features of NFT stars is its NFT Pricing Scanner which is used to analyze the market and the artwork of artists on other platforms to provide artists on NFT Stars with the best average price that they can sell their NFT for.. so what other platforms does you NFT scanner integrate with to scan for other artworks, what factors does it scan for or consider before determining the best average price an artist can sell their NFT for, do artists have other alternatives of deciding the value for their NT’s on your platform other than using your NFT Price Scanner, and how is this pricing mechanism a more better option than other pricing mechanisms..

Anton Checo: Well, we came up with this idea since once you are new to an NFT industry- and you have your own artwork – I’m sure you won’t have even the rough pricings of how much it will be going for.

And that’s where the NFT Pricing scanner come in place.

It is very simple to use – all you have to do is upload your picture and then it does the evaluation upon the similar looking pictures on other platforms (Rarible/Opensea/ Foundation etc.) which then tells you a rough price of how much it might cost.

At this stage, the Pricing scanner will not be a limit for your pricing but finding the similar works, so if you are sure that your picture is unique and it has no analogues – then the price will only be the Author’s decision- the scanner just makes a suggestion 🙂

Anton Checo:

It will look similar to this

D. Папа Роуч: cool! your pricing scanner something like oracle in NFT world?😁

Anton Checo: Exactly👍🏻 😁

D. Папа Роуч: it might become a game changer 😉

Anton Checo: That’s what NFT STARS is about 😉

Маry Satoshi CLUB: So, tell us how you will make decisions about your new authors? Will your accept only famous? What requirements you will have?

Anton Checo: We will have a few selection criteria for the authors.

At first- no people will be limited in listing their NFTs, however, they have to pass the screening process first

(Pass the Artwork’s authentication process)

As for the Exclusive drops – we will have 2 options there.

1- These will be famous stars that will have their drops up just by the Management decision

2- Even a usual user can get an exclusive drop if the community will vote for it!

Маry Satoshi CLUB: Excellent system 👍

Маry Satoshi CLUB: Anton, thank you for your answers! Are you ready for the 6th and last question from this part?😉

Anton Checo: So long story short-

Prior to being listed on the NFT STARS Artists must

1- pass the screening process that will have an evaluation score inside our team.

2-Our screening team have to make sure that the posted art for sale lives up to its description or the promises made as well as confirms its authenticity.

Anyone talented can become a member of the NFT STARS by filling up our listing form on the website : https://nftstars.app/en/artist/ and our NFT STARS manager will contact you.

Anton Checo: Sure thing! Let’s go for it

Маry Satoshi CLUB: Satoshiclubbers, it’s your chance 😉

Q6 from Telegram user @Highpee

One of the concepts NFTStars will be promoting is Fractional Trading, a feature that will shred NFTs into fractional compartment thereby allowing users who are unable to afford the entire piece of NFT to own a small part of such symbolic art piece. So, how will NFT fractions be generated and how will its trading be facilitated? How can these fractions retain the identity and symbolic utility of the complete piece after such NFTs might have been shredded into fractional parts? Will your NFT fractions be accepted for trading on your marketplace only or will it be possible for Fraction Trading to be executed on external popular marketplaces?

Anton Checo: So, how will NFT fractions be generated and how will its trading be facilitated?

It will be simply implemented once the NFT get’s put into the Shredder. The Main NFT never disappears, it still stay in the system. Of course, just utilizing it would be a mess.

How can these fractions retain the identity and symbolic utility of the complete piece after such NFTs might have been shredded into fractional parts?

That’s more of a philosophic question in here.

When purchasing – you are not just purchasing a piece of artwork, you are purchasing a piece of history. Let’s say if it was Beeple- you would be purchasing a piece of history that the author was spending so much time at. Furthermore, you would still have an access to the Original picture of it.

Will your NFT fractions be accepted for trading on your marketplace only or will it be possible for Fraction Trading to be executed on external popular marketplaces?

Once the Shredded NFT is released- there is no matter what platform it’s being sold at- there are no limits.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @highpee

You plan to host regular NFT ART EXHIBITIONS. I read that the first NFT meet up event was recently held in Sydney, AUSTRALIA.  How was this event and how many artist or artistic piece you were able to exhibit? Which other locations will you be considering for exhibition?  What will be the procedure for an artist to submit his work in order to be part of your NFT Exhibition?

Anton Checo: Good question We are actually running the event but from July 4-14 You can find more info in here : https://dailyhodl.com/2021/06/01/the-first-ever-nft-exhibition-in-australia-is-coming-to-melbourne/ We are also planning to launch more NFT Exhibitions in Moscow and Dubai later on! The proceed you have to contact our NFT STARS team to be listed in there as an Author or if you’d like to come! The submit of work is the same as on NFT STARS platform 🙂

Q2 from Telegram User @Jonahapagu

NFT STARS is said to be introducing a completely new way to fund a business idea through what it calls an “Initial NFT Offering”, how will this new fundraising idea work, how can projects or users carryout out an Initial NFT offering on NFT stars, what will be the requirement for their participation, and how do community members who are interested in participating in your Initial NFT offerings become eligible to do so..

Anton Checo: This can be simply called a creative launchpad – an opportunity to make fundraising for a project in an unusual, creative way – by selling NTF tokens, which will bring you the tokens of this project. At the end of the NFT pharming period, the token will remain with the buyer as collectable and he can even sell it on the secondary market, if he wishes, or keep it as a souvenir. We’ve also implied the “Shadow Staking” technology from the SpaceSwap project to assure of avoiding the Pool Rugs when staking your NFT. Any users could be involved in it – it will be just a matter of voting or you could discuss it with out management team 😉

Q3 from Telegram User @nadee5

Sir  ,Can  I    make  a  passive income   by  holding NFTS ?

Anton Checo: I cannot make such strong statements, but I would not say that a constant burn from the total supply as well as the constant use of the token would dump the price 🙂

Q4 from Telegram User @cryptoneco

Although NFTSTARS is still a new project, it has announced partnerships with important projects such as SpaceSwap, Moma Protocol, Bitbook and Mobius Finance.

What could be the reason why you, as NFTSTARS, are considered important by other projects?

Will you continue to grow with new partnerships for the future?

Anton Checo: We will and we still are setting new partnerships up since we think that the NFT Industry needs a 2nd Breath that will change the industry in general. The reason of us being considered as important is due to the revolutionary ecosystem that we’ve built. Furthermore, Every partner loved out tokonomics based on the constant burn as well as the buy-back of the NFTS tokens seeing how transparent we are.

Q5 from Telegram User @Zidny_Lathifa

NFT STARS will launching tomorrow June 5th 2021, the public sale of its native token NFTD on BSCPad, CYBERFI SAMURAI and A2DAO LAUNCHPAD.

Q1. Can you tell us the details of your IDO?

Q2. Can anyone participate in the IDO?

Q3. Are there certain amount needed to participate?

Q4. And Does it need KYC?

Anton Checo: IDO Details- TOMORROW 5th of JUNE

🔥https://bscpad.com/projects

🔥https://launchpad.a2dao.com/

🔥https://samurai.cyberfi.tech/launch-pad/nft-stars

🔥https://flybit.com/wow/detail/261

The rest was answered as a previous AMA questions 🙂

Q6 from Telegram User @nadee5

NFT stars has  a  creative launchpad   using  unique shadow  staking  system …Can  you  please tell us more about this  Shadow staking system ?

Anton Checo: Of course! We also have another project called SpaceSwap that was on HYPE due to the Shadow Staking system.  This System is very simple to describe.  It acts as a scanner on your wallet. So you do not have to stake your NFT physically, you could only press one button after which the Shadow Staking- acting like a Scanner will be watching your balance to ensure the existence of the necessary balance.  Once it sees it there- it deposits a reward to your account.  Simple 😊

Q7 from Telegram User @arbestefy

What is your project mainly focused on?

Anton Checo: Changing the NFT industry from the the quantity to the quality side.

Q8 from Telegram User @Eminet001

Are you decentralized and global. As an African and a beginner  can I also establish my platform with low funding?

Anton Checo: We are global, for sure. Although some countries might have restrictions, so please be aware of that.

Q9 from Telegram User @Tony253210

Exploring your website I realized that you have something that is called “customized AR rooms” so can you explain us what is this exactly? Is like a kind of virtual gallery where user can show their work?

Anton Checo: AR is a unique system, and you got it right! I could share you a video regarding its use : https://drive.google.com/file/d/17mDrLsD_Q7N2s7_bOIBxKPYFOuAsHf47/view AR is an opportunity to get into the NFT AR gallery using a mobile application that will be no different to a real-life exhibition. So once you have your phone you could go to the AR exhibition and not only inspect it but also make purchases right through your phone!  As for the private rooms – you could create your own private room with an exhibition if you wish 😊

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of NFT Stars. They’ve prepared 4 questions for this part. The total reward pool for 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:

NFT Stars Website – nftstars.app
NFT Stars Telegram – @NFT_STARS

We were delighted to welcome our guest from Eqifi. The AMA took place on June 3rd, 2021 and our guests were @bradyasar and @CEOEQIBank!

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

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We conclude our today’s AMA marathon series with Eqifi.

Paul Mont | Satoshi Club: Hello Satoshi Clubbers! 😁 Today’s guests are @bradyasar and @CEOEQIBank!

Paul Mont | Satoshi Club: Welcome Brad and Jason! It’s great to have you here at Satoshi Club!

Brad Yasar: Hello. Thank you for having us over 🙂

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @bradyasar and @CEOEQIBank!❤️

Paul Mont | Satoshi Club: Hello Brad, thanks for being with us 😉

Gold Rocket | Satoshi Club: How are you doing?

Brad Yasar: I m doing well. Thank you! How is the Satoshi Club doing?

Gold Rocket | Satoshi Club: We grow and develop thanks to such interesting projects as yours 😊

Paul Mont | Satoshi Club: I guess our Satoshi Clubbers are already feeling excited to learn more about EQIFI 🚀

Brad Yasar: The feeling is mutual!

Paul Mont | Satoshi Club: Let’s start, shall we? 😉

Brad Yasar: please

Gold Rocket | Satoshi Club: Introduce yourself please. How did you get to be involved in crypto & Eqifi?

Gold Rocket | Satoshi Club: These stories are always interesting to me.. how a person first learned about bitcoin.. how he bought… how he sold 😁

Brad Yasar: As you already know, my name is Brad and i got involved with crypto very early on with Bitcoin. I got introduced to it by a friend of mine and fell in love with it. Fast forward to last year and my partner Jason and I were talking about what we can build to solve problems we saw in the DeFi and digital banking spaces and the idea of EQIFI was born.

Jason Blick: My name is Jason, I got involved with crypto in 2015, shortly after I launched EQIBank – the World’s Digital Bank providing banking services to 180 countries, with a focus on crypto cliens

Gold Rocket | Satoshi Club: You are involved in mass adoption in the banking industry. It is very promising👍

Paul Mont | Satoshi Club: Specifically, which of problems that you’ve experienced prompted you to say “Let’s do it and contribute to improve the DeFi for the best!” ?

Brad Yasar: That was Jason 😉

Paul Mont | Satoshi Club: Hello Jason, welcome to Satoshi Club 😁🔥

Brad Yasar: Well the main problem for the DeFi community which we are a part of was adequate banking facilities to allow DeFi founders, entrepreneurs, investors and consumers t be able to access that value created in their daily lives

Gold Rocket | Satoshi Club: Nice to meet you😁 Jason

Jason Blick: Nice to meet everyone here

Brad Yasar: The problem on the banking side is increasingly low and insignificant returns on people’s fiat savings. so figured by bridging the two we can address both those issues.

Jason Blick: We launched EQIFi as people wanted the widest selection of lending, borrowing and investment products on a single platform powered by a world class Licensed and Regulated Bank.

Gold Rocket | Satoshi Club: These are very ambitious goals.👏

Brad Yasar: yes and we want to have a big positive impact in the space.

Jason Blick: We have an amazing team with over 200 years experience of running major Banks, plus an amazing tech team led by Brad

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

Paul Mont | Satoshi Club: These are undeniable issues – putting on the consumer shoes I’m glad that someone capable and professional is trying to address them 👍🙏

Jason Blick: Between EQIBank and EQIFI we have over 60 staff all focused on providing the very best service and products in banking and DeFi.

Brad Yasar: Jason, me, Ioana, David, Frank, Eli, Adam, Annelie, Stephanie and the list goes on…

Gold Rocket | Satoshi Club: I love your customer care

Gold Rocket | Satoshi Club: Dream team😁👍

Paul Mont | Satoshi Club: Also guys, where are you currently based at?

Brad Yasar: We will have an updated team list on the website soon

Jason Blick: Yes, in EQBank we have Relationship Managers for each Premier Client – a first for any digital bank. We provide amazing banking services to holders of EQX Token Holders

Paul Mont | Satoshi Club: You already deserve a plaudit for being completely public and transparent. It’s not a thing to take for granted in the crypto world and already helps building a lot of trust from the very beginning😉

Brad Yasar: Thank you. Transparency and Accountability are pillars of our organization.

Gold Rocket | Satoshi Club: Do your users need to pass KYC?

Jason Blick: Thanks Paul. As a leading Bank we are required to have monthly audits and constantly meet the public requirements of our Regulators. For example, our Auditors are BDO etc.

Jason Blick: Yes, our users do need to meet KYC stanards. We want to add security and maturity to the DeFi space. This also allows us to open Bank accounts for our EQIFi clients.

Brad Yasar: Depending on the type of products they want to access there will be varying degrees of KYC requirements.

Paul Mont | Satoshi Club: Thanks for this great introduction 😉

Paul Mont | Satoshi Club: We have collected some community questions to learn more about EQIFI, are you ready to go?

Gold Rocket | Satoshi Club: Well! Thank you very much for the great intro guys. 😊

Brad Yasar: let’s do it

Jason Blick: We are ready!

Q1 from Telegram User @surendra040

EQIFi is the first Defi project with a Regulated and Licensed Bank (EQIBank) offering different 4 Defi products:

lendings on fixed-rate and variable, swaps of interest rate and aggregator of Yield. Please explain all these products and services offered by EQIFI in a crystal clear way and how can EQUIFI tokens holders be benefited from this?

Gold Rocket | Satoshi Club: @surendra040 prepared well 😁

Jason Blick: Thats a great question and an expansive one. Give me 2 mins to reply

Gold Rocket | Satoshi Club: Take your time please😊

Brad Yasar: First of all, we are EQIFI and there is another project with the ‘u’ in the name so let’s not confuse the two.

Gold Rocket | Satoshi Club: Oh

Jason Blick: With EQIFI, the entire digital asset, blockchain and cryptocurrency ecosystem of traders, investors, developers, exchanges and app users may borrow against multi-type assets without selling. dApps may borrow assets for use in the Ethereum ecosystem without waiting for an order to close or requiring off-chain activity. Similarly, speculators may deploy a variety of trading techniques, including shorting, to maximise their opportunity, while miners may borrow against an extensive selection of collateral.

EQIFI is a decentralized protocol for pooled lending, borrowing, and investing for ETH, ERC-20 tokens including wBTC, Stablecoins, and select fiat currencies. It provides a single uniform platform for DeFi products with EQIBank bank accounts, loans, custody, debit and credit cards, OTC, and wealth management. EQIFI consists of four products on a single platform:

– Fixed Term Products 

– Variable Rate Products 

– Interest Rate Swaps (Refinancing)Yield Aggregator

Jason Blick: The community has full control over all core functions, including but not limited to:

● Listing or delisting new tokens and asset types – The community may add promising new tokens or block high-risk ones.

● Adjusting interest rates per the market, within commercial variable levels. The interest rates will be per EQIFI token.

● Adjusting collateral limits – increased or decreased to an extent, based on the volatility of a token. Collateral limits are per token.

● Choosing a new administration (i.e., a DAO controlled by the community)

● Pausing deposits or loans for a reasonable amount of time – This may provide more consistency in the protocol in case of high volatility.

Governance Voting

● Any holder of 800,000 or more EQIFI Tokens may propose governance actions in executable code.

● The community then has 72 hours to vote on the change.

● If a majority vote is secured, the outcome is logged in Time Lock and will be executed after three days.

Some changes will automatically affect the protocol after voting has ended, while others might need some implementation changes or input from the system’s administration.

Gold Rocket | Satoshi Club: A lot of features👏

Paul Mont | Satoshi Club: Thank you Jason for the comprehensive answer, I’m pretty sure @surendra040 will be satisfied 😉

Brad Yasar: This is just the beginning

Paul Mont | Satoshi Club: You’re also providing a Yield Aggregation service, right?

Jason Blick: Yes! We really wanted to create the very best DeFi company in the world. We have been voted a top 5 DeFi company 7 times!

Paul Mont | Satoshi Club: Now, that’s impressive, congratulations guys! 🥇🚀💎

Jason Blick: Yes, we have an amazing Yield Aggretor product. With a full team of investment advisors plus amazing tech.

Brad Yasar: yes, we are. we want to grow the defi ecosystem as a whole and bring new users into the space without them having to learn about multiple blockchains, wallets, etc.

Jason Blick: The EQIFI Yield Aggregator Product enables users to participate in a spread of high-yield farming products across the entire DeFi industry, including stakes in EQIFI Fixed Rate Products, EQIFI Variable Rate Products and EQIFI Interest Rate Swaps. It is designed to algorithmically maximize the return to the user based on market conditions.

Brad Yasar: Thank you we are excited and humbled by the reception our project had

Gold Rocket | Satoshi Club: the scale is really impressive 😁

Paul Mont | Satoshi Club: By the way, the next community question is just about EQIFI’s Yield Aggregator. Let’s hop onto it 🙂

Gold Rocket | Satoshi Club: The scale of your ambitious plans 😁

Jason Blick: To further expand on our Yield Aggregator. The EQIFI Yield Aggregator Product offers a unique competitive advantage based on its ability to aggregate and analyze market conditions, and forecast future market movements. EQIFI Analytics Engine is proprietary system designed to execute automatic market analysis leveraging 6 key systems based, in part, on the transparency of blockchains and the advantage afforded by public votes on DAO’s that dictate the flow of liquidity between products (essentially giving EQIFI the opportunity to potentially anticipate market changes). EQIFI Analytics Engine is designed to leverage:

● Predictive analytics

● Machine learning

● Signal processing

● Prescriptive analytics

● PESTLE

● Scenario planning

Paul Mont | Satoshi Club: Proprietory? You’ve built the service in-house? 💎

Jason Blick: Our Yield Aggregator is principally a proprietary product set, but we are adding additional functionality by partnering

Brad Yasar: we are building a lot of the parts of the platform from scratch. where it makes sense to have partnerships we explore those as well (for example, our partnership with chainlink for price oracles)

Paul Mont | Satoshi Club: These are the kind of things that personally get me excited in crypto, especially given all the potential “outsourcing” options in the space. A great way to show the commitment of a project to the value proposition they want to bring to truly revolutionize the market.

Gold Rocket | Satoshi Club: It’s a good strategy😊

Paul Mont | Satoshi Club: So, really, great job guys 😉

Gold Rocket | Satoshi Club: I suggest to proceed to the next question😉

Jason Blick: We are 100% commited to raising the standard of DeFi and completely inclusive – by working with all leading market players

Brad Yasar: Thank you, we are blessed that we have the technical know-how and the resources to build everything we need from ground up and ensure it is built correctly the first time around.

Gold Rocket | Satoshi Club: Awesome👍

Paul Mont | Satoshi Club: Thank you for detailed and exciting answers! 🔥

Paul Mont | Satoshi Club: Question nr. 2 is ready for your answers, are you ready to go?

Jason Blick: We are ready!!

Q2 from Telegram User @andrey_seleznov

Please share more details about EQIFi Yield Aggregator. You describe it as an automated aggregator of all leading external yield farming products, making yield farming simple and automatic. How exactly will it work? Will it have an auto compounding functionality to increase the effective yield APY? Do you take a small fee for convenience or is the yield the same as on the external farming platforms? Sometimes aggregators even offer higher yields than the external farms themselves, could this be the case with Qeuifi, if so, how does this scheme work, how do aggregators subsidize the difference in yield?

Paul Mont | Satoshi Club: Even though I think you’ve already answered it for the most part 😉

Jason Blick: Good question. The EQIFI algorithmic trading BOT takes positions designed to maximize returns across all underlying farming protocols. EQIFI Yield Aggregator Product is structured into fixed term as an open ended product based on users’ needs:

1. Open Ended. Our fixed yield product ensures maximum flexibility to users who need continuous access to their funds. It provides a compounded variable interest rate which is added weekly to the staked amount. All users can withdraw their funds at any time either partially or the entire amount without losing the interest earned up until that week.

2. Fixed Term. The EQIFI Fixed Term Yield product is structured to provide the best interest for users who deposit funds for a predefined period, allowing the user to roll-over the amount or to withdraw the funds. The interest is computed at maturity date and if the amount is rolled over then it is compounded.

Brad Yasar: Great question and Andrey at this point, we do not wish to disclose our secret sauce for everyone to copy more than what we already shared. i hope you understand. 😉

Gold Rocket | Satoshi Club: Yes thanks a lot! do you want to add something? or jump further?

Paul Mont | Satoshi Club: So is it correct to say that it’s a product that can can be tailored according to any user’s risk preferences?

Brad Yasar: yes, for most users that statement is correct

Brad Yasar: we can continue, great questions so far

Paul Mont | Satoshi Club: Thank you, next question incoming 🚀

Jason Blick: We will look to expand the functionality of our Yield Aggregator in due course to meet the needs of those looking for Alpha or Beta growth

Q3 from Telegram User @Jonahapagu

Apart from the fact that EQUIFI will offer its users under-collateralized loans, this loans are also said to be insured, so how does Equifi Insure under-collaterized loans on its platform, and how do users get to apply for this under collaterized loans, what are the conditions to apply, for what assets do you offer this under-collaterized loans, and do you have a fixed collaterization ratio for this….

Jason Blick: EQIFI Fixed Rate, Variable Rate, and Interest Rate Swap Products feature automatic lender protection built into the smart contract system. Each Product features industry leading LTVs which are further enhanced by holding EQIFI Tokens. If the fair market value of the underlying collateral drops below the prescribed LTV at any Valuation Stamp, the system will take remedial action. The further protect investors we are looking at open market, syndicated or captive insurance.

Brad Yasar: we are working with a few third parties to explore insurance options that would be available to our users. Since it is our goal to bring fresh new users into the DeFi space, we understand the importance of putting our users’ minds at ease when it comes to using our DeFi products for the first time. We will doing our best to ensure that.

Gold Rocket | Satoshi Club: Do you plan to write any guides to make life easier for the user😊

Brad Yasar: yes, we will

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

Paul Mont | Satoshi Club: How holding (or staking?) EQX tokens will manage improve the LTV a user can get obtain for its loan?

Brad Yasar: now that you have accepted us to be a part of your family, we consider you the same and of course we wont

Jason Blick: Yes! We have already filmed one introduction to our products and we are creating 4 other videos to explain each product in detail. Those videos are being filmed now. These complemet our written user guides

Paul Mont | Satoshi Club: This is great, especially given the natural utilization barrier represented by creating a user-friendly experience enough in the crypto space! Adoption will surely follow 😉

Brad Yasar: EQX tokens are the engine of our platform, they allow for our users to get better rates, higher limits and access to premium products when used and staked.

Brad Yasar: you can see a much mor details explanation of how EQX tokens benefit the holders and users in our whitepaper

Paul Mont | Satoshi Club: Thank you for the clear answers, are you ready to proceed with the next question?

Jason Blick: We are ready!

Q4 from Telegram User @Xusuo

I see from your twitter that EQIFI is sponsoring Crypto event in Miami on 4th June until 7th June 2021 name with “Crypto After Dark”. So can you explain what kind of event or show that will be held on there? Also you mention to give Ticket Giveaway for your community, since its still tomorrow how do i able to participate in this ticket giveaway?

Jason Blick: Im afraid we have already distributed all our tickets for the event tomorrow. We gave them to our amazing EQIFI Telegram members

Gold Rocket | Satoshi Club: Oh what a pity😊What other community promotion options do you have or are planning😉

Brad Yasar: We have a few things in the work that we will announce when ready

Gold Rocket | Satoshi Club: Satoshi Club will gladly support any of your activities🚀

Paul Mont | Satoshi Club: One of those things is EQIFI’s upcoming public sale/IDO event perhaps? 😁

Brad Yasar: We want to engage with our global community as much as we can given COVID restrictions

Brad Yasar: Yes it is

Paul Mont | Satoshi Club: Great, please keep Satoshi Club in the know! 😉🔥

Gold Rocket | Satoshi Club: Thanks! Ready for the next question? 😉

Jason Blick: We will ensure your great community is kept upto date on all our give aways and in particular details of our public sale/IDO

Jason Blick: We are ready!!

Paul Mont | Satoshi Club: Thank you 💎❤️

Q5 from Telegram User @kimterbear

Online banking is a trend nowadays especially today that e-commerce and online businesses are most utilized by people. However, this sudden popularity created an interest for hackers out there. In that case, how can we be secured that our assets are safe and cannot be rugged by any means? What safety protocols does EQIFI have in order to promise a safe online banking for the users? Do users need to go under KYC before doing any transactions in the app?

Jason Blick: From a banking perspective, our cyber security is absolutely first rate. In the last 6 years we have not have a single issue. In respect to EQIFi, its not a good idea for us to explain our security protocols! But they are industry leading

Brad Yasar: Ok I feel the need to correct it again. We are EQIFI and not equifi. I understand that it is a simple typo bit we don’t want people going to the wrong platform and getting confused so EQIFI  at eqifi.com is us.

Gold Rocket | Satoshi Club: I’m sorry buddy🙈

Jason Blick: On KYC, its a gradual increase in requirements depending on the amount people wish to invest, lend or borrow. If they also want to open a bank account with us the KYC is (as you would expect) more comprehensive – but still manageable

Paul Mont | Satoshi Club: I’ve corrected the copied post now, so no more typos : )

Gold Rocket | Satoshi Club: https://t.me/eqifi/5856

Gold Rocket | Satoshi Club: Pay attention Satoshi Club‼️

Paul Mont | Satoshi Club: This is great to read and to learn that you are aware much of a very felt concern and issue represents security.

Paul Mont | Satoshi Club: Your users will be feeling relieved to read that you’ve aptly anticipated the issue and have already taken care of that 💪🚀

Jason Blick: Proper KYC/AML is key to building the very best DeFi platform and it protects EQX Token holders by ensuring legal and regulatory compliance at every step in our journey.

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

Gold Rocket | Satoshi Club: Can you please tell me if an audit has been carried out? If not, is it planned?

Jason Blick: Its our pleasure. We, as you rightly say, are very public, very transparent. We are here 100% for our community

Brad Yasar: yes, it has and we have a fe more that will be done before we are live!w

Gold Rocket | Satoshi Club: I hope that you will share with us when it becomes possible😊

Gold Rocket | Satoshi Club: Are you ready for the last question of this part?

Brad Yasar: yes

Jason Blick: Absolutely!

Paul Mont | Satoshi Club: Here it comes 🙂

Q6 from Telegram User @highpee

You will unify and standardize your growing Defi ecosystem by introducing a governance structure. However, your governance system will require that users hold a minimum of 800,000 $EQX before they can participate in it. Why did you set a minimum barrier of tokens to hold before a user can participate in the DAO? Don’t you think this will always give the majority holders the privilege to always have their way without an opportunity for the minority to have a say? On what range of DAO decisions will users be able to govern, and what will be required before a community vote is passed?

Brad Yasar: thank you for this question. when it comes to governance if e go with 1 token equals 1 vote type of approach it will already favor those with larger token holdings than smaller however considering those are the community members with most at stake, we hope that it is a fair approach.

Brad Yasar: we are community focused and driven so we want every stakeholder to have a voice but we also want to be fair to our community member who hold more EQX and use the platform more so the vote of a single token holder doesnt hold up major decisions.

Gold Rocket | Satoshi Club: Your explanations are very logical and fair. thanks for the answer.

Brad Yasar: we will work very hard to balance the decision making process, governance and different levels engagement for everyone. so instead of making every decision a majority vote, we plan to have a model where we are able to hear everyone’s voice and allow the community to guide the evolution of our products and platform. i hope this helps.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @xperia3

Hi! @bradyasar and @CEOEQIBank

🔒🔒🔒 Security is very important in that kind of projects. When it comes to long term investment, that becomes even the biggest issue. How safe is EQIFI? Can investors safely use EQUFI without worrying for their funds? Which security system does EQIFI use? Was it audited yet?

Brad Yasar: As Jason said, we are not disclosing our security measures because it defeats the purpose of having them if the potential attacker also know what security measure we have in place. we are audited and will be triple audited by the time we launched. we have built and launched banking platforms, crypto exchanges and worked on infrastructure projects for Fortune 100 companies so we understand the importance of security and are building with that in mind. thank you

Q2 from Telegram User @mobilejii

✅✅You have a big team and staff over different countries around the globe but what is your revenue sources and your business module?

Brad Yasar: when live our business model will be fees from products and services on our platform.

Q3 from Telegram User @BlancaSdF

DeFi was conceived to bring finance to a global level and citizens where they do not have easy access to the traditional financial system. Unfortunately some DeFis have performed location blocking to avoid legal problems. In any case, is Eqifi available worldwide or in a large number of countries?

Jason Blick: Hi Blanca, EQIFi products will be available to 180 countries around the world – excluding all Sanctioned Countries

Q4 from Telegram User @captainprice111

Why would traders choose EQIBank when there are so many nationally proven banks?

 What kind of advantages do you provide to the users in your project?

Jason Blick: EQIBank (EQI) is one of the world’s leading innovative banks. We strive to provide more financial solutions to more countries than any other digital bank. EQIBank is a global, but personal, digital bank focused on emerging affluent, mass affluent, high net worth and corporate clients. We bank over 180 countries around the world. EQIBank is at the forefront of leveraging digital technology to shape the future of global banking.EQIBank replaces the need for multiple complex relationships. EQIBank is a single solution to the global needs of banking and crypto clients. Allowing complete interoperability of banking, exchange, lending, custody and digital assets in one place.

Q5 from Telegram User @Antoni_azx

One of the failures that have been observed with respect to the decentralization of some projects is in letting a person have a large percentage of a token, making it a huge influencer within the market. Being EQUIFI a decentralized project, could you explain what measures will you take to prevent the birth of whales? Do you have a security system in place to prevent bots from taking over $ EQX?

Brad Yasar: Once an asset (any kind of asset from crypto to traditional stocks) starts trading in secondary markets, the original issuers have no control over who buys how much of it because that is the definition of a free market – anyone can buy and sell at any price they want as much as they can afford. so we will not be in a position to control the flow f our tokens once a secondary market is establish however we have designed our tokenomics just that any given month no more that 4% of the supply comes into circulation so with this measure we do control how fast our token supply grow limiting mass accumulation at any one single point in time.

Q6 from Telegram User @Guandog

Is your yield aggregator dedicated to ETHEREUM or do you also think of being a tool for other blockchains?

Brad Yasar: it is going to be chain agnostic and so will be the platform we want to add new blockchains every quarter starting with Q4 of this year and grow our platform to be the nexus of all Defi activity across different blockchain platforms.

Q7 from Telegram User @smelekin

Does you team have any banking experience before EQIFI project?

Brad Yasar: As @CEOEQIBank will tell you, we have over 200 years of cumulative banking experience. My family has been in the space for 3 generations.

Q8 from Telegram User @Sumione

Hello

@bradyasar

@CEOEQIBank

What is other benefit of holding such a big amount of token 800000 $EQX apart from participating in DAO ? WILL YOU allow passive income options like staking ,farming?

Jason Blick: the benefits of holding EQX Tokens are extensive!!

1. Bonus APY: Token holders earn up to 25% APY and passive returns with EQX. 2 Community-based Governance: Token holders may take part in voting for new features on the platform. 3. Early Adopters Bonus: The first 10,000 early adopters receive rewards for joining the platform. 4. Priority Bank Accounts: Token holders have priority access to bank accounts. 6. Higher Limits: Token holders enjoy higher limits on the DeFi products. 7. Liquidity Mining: Token holders receive interest based on the length of time tokens are staked in liquidity pools. Users place their tokens into a vault for 1, 3, or 6 months and receive interest based on the length with early withdrawal penalties. 8. Higher LTVs: Token holders get better LTV based on the number of EQX they have. 9. Staking bonus: Token holders who stake their tokens receive preferential bonuses in the form of rewards. 10. Reduced Fees: Token Holders have reduced fees on the platform. 11. Better Rates: Token holders receive better rates on the platform.

Q9 from Telegram User @yellowchamp

Can you tell us in what decentralized and centralized exchange we can buy and sell $EQX? What would be the benefits if we wil hold $EQX for a long period of time?

Brad Yasar: Well i don’t want to spoil all the announcement our amazing marketing team has been working on but we will start with a pair on our platform 😉 and go from there. Holding EQX is going to be very rewarding, not only because of staking but also because of its benefits when using the EQIFI platform.

Q10 from Telegram User @Rigixxx

Q) Which do you think is more important:

A. Community

B. Investors

C. Token Price

If all of the above is important to you, which should come first?

Jason Blick: ALL of them! 1. Community/Investors as i like to call it – our stakeholders (our investors are our community members so we don’t see the two separate) 2. Token price which will be fine if our community support us the way we want to support and serve them.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Eqifi. They’ve prepared 4 questions for this part. The total reward pool for 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:

Eqifi Website – eqifi.com
Eqifi Telegram – @eqifi

We were delighted to welcome our guest from OPA. The AMA took place on June 3rd, 2021 and our guest was @PappaPanda!

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

Part 1 — introduction and questions from the Telegram&Bitcointalk community

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We are pleased to announce AMA with OPA.🐼 Today our guest is @PappaPanda!🐼

Andrés M. | Satoshi Club: Our dear guest today is @PappaPanda. Welcome to Satoshi Club!

Giant Panda: hi

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

Giant Panda: honored to be invited here

Andrés M. | Satoshi Club: Nice to meet you, we are glad to have you here

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & OPA?

Giant Panda: I am COO of Option Panda (https://opanda.io) and very proud to share our product with Satochi club members. I have been in crypto space for over 5 years, getting involved in a couple of cornerstone development in the Ethereum ecosystem before. Option Panda is a very innovative options trading platform that we want to build for community members, the first in its kind on Binance Smart Chain. We are also considering deployment on Matic & Arbitrum as well to serve the Ethereum community’s trading needs.

We have done deep research with the derivative products so far in the market. Almost 99% of them have big flaws and not convenient for users to use. Option Panda has a vision to bring a transparent, fair, convenient trading experience to crypto community members.

Gold Rocket | Satoshi Club: this is really impressive! 👍

Giant Panda: over

Andrés M. | Satoshi Club: Important platform right now. How this idea came to your main? How born OPA?

Giant Panda: We think DeFi is the future of finance. However, there aren’t many serious team on the market to build a solid product, especially derivative product. Decentralized exchanges like Uniswap proved the power of DeFi, however, it’s not easy to use and sometimes bares a lot of risks for small players. The same with lending protocols. Option Panda want to build an options trading platform that will give traders the freedom to trade within a safe & fair environment, and a product that could leverage people’s purchasing power. At the same time, a decentralized  exchange must be community-driven so that the governance power is owned by community. That’s why we have this platform token OPA. We’re paving the way for community members to use OPA to govern Option Panda affairs. Soon to deliver.over

Gold Rocket | Satoshi Club: This is very promising! You guys are in trend👍

Andrés M. | Satoshi Club: Great, so please tell us about the interesting name, why did you choose the panda as your symbol?

Gold Rocket | Satoshi Club: Please tell us also a bit about OPA team. Who is the core of the project team?🐼 Everybody loves a panda❤️🐼

Giant Panda: Panda is cute and it doesn’t bite😀 People in the world loves and adores Panda. We hope Option Panda could also win crypto community’s love.

Andrés M. | Satoshi Club: That’s a good point, are amazing creatures 😍 Completely agree😁

Gold Rocket | Satoshi Club: For sure🐼😍

Giant Panda: I am COO in the team. I am also coordinating a lot of development and marketing effort of the project. The CEO is a veteran in the trading field who has made a lot of profit in the early times of blockchain. Our chief developer is a top 10 code contributor in the Github community, really deep in coding. The CMO is a former CMO of a big centralized exchange.

Gold Rocket | Satoshi Club: Aww.. dream Panda 🐼 team😁

Andrés M. | Satoshi Club: Thank you so much for the introduction. We have collected the best community questions for this stage of the AMA. Let’s proceed with the first one. Ready?

Giant Panda: I am ready😆😆

Q1 from Telegram User @victorogb

Options Panda barely launched a couple of days back (May 31st, 2021) on Gate.io Startup and received an overwhelming reception with startup funding raised to over 333 times of the projected goal. This astonishing performance, is a direct pointer to investors confidence in the project and also shows the strong desire of customers for options product. Riding on this massive success, how will Options Panda look to improve, expand and innovate options trade to meet future growth predictions and challenges, and how will Options Panda ease the interoperability of it’s products with other protocols?

Giant Panda: We’ve completed the first milestone of launching Option Panda. Right now we’re focusing on expanding the recognition among crypto communities and make people aware of that Option Panda is the best in kind options trading platform that they could use to leverage their trading power.

Andrés M. | Satoshi Club: How are the fees on your platform?

Giant Panda: Concerning interoperability with other protocols, it’s very easy for lending platforms or multi-strategy platforms to simply call a function() in our smart contract to automatically sell or buy an option. Other protocols could easily retrieve data from Option Panda smart contract. We’re looking forward to discuss integration with other protocols built on Binance Smart Chain. But anyway, so far most protocols built on BSC is very naive and simple copycat from available Ethereum ecosystem protocols. Thus it would take time for them to comprehend a complex product like Option Panda.

Giant Panda: Option Panda charges 1% from the profit of buyers/seller. A very tiny percentage compared to the profit prospect of an option position. We’ll use all that revenue to buy back and burn OPA. Therefore the platform revenue only benefits OPA holders. Those rules are all writen in the code and could not be changed by anyone

Gold Rocket | Satoshi Club: Therefore, there are such projects as OPA! To bring the best in crypto👍😉

Andrés M. | Satoshi Club: Low fees and great trading tools, good combination.

Giant Panda: fees are charged only when you have made a profit

Andrés M. | Satoshi Club: Btw, how do you deal with the liquidity of the platform? How to increase it?

Giant Panda: Options product are not easy to comprehend. We’re working on to educate more users to leverage this powerful tool. Although we’re just launched and doesn’t have a lot of users so far. There is no liquidity crisis with Option Panda. Option Panda doesn’t rely on liquidity depth to survive. No matter we have a big or small user base, it could function well as designed.Big user base=big underwriting power, small user base=small underwriting power. It doesn’t affect the normal function of Option Panda.

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

Giant Panda: yes. let’s move on

Q2 from Telegram User @Brainchest

What are the risks if I hold money in the BNB- Put Underwriting Pool? At the moment 1124% APR for me is more attractive than trading options. But surely such a rate could contain ” Traps ” and I could lose money? Or is it a completely safe and guaranteed bet?

Giant Panda: If you hold money in the BNB put underwriting pool, in one way, you have revenue from the BNB call option buyers, who will pay USDT to purchase options from the pool; in another way, you will bare the risk that BNB has a sudden spike therefore the exercise of BNB Call options holdings might cause you lose a tiny amount of principle. Please bare in mind that Option Panda is providing high frequency options underwriting functionality. Therefore the impairment is very “tiny”. You can’t expect BNB to spike 30% in 5 minutes or 30 minutes, right? Even if it does, the automatic sigma adjustment would compensate you with higher option fee revenues. That’s means the buyers will have to pay you more to acquire options from you.

Also, as Option Panda settle options in fiat term, a simple calculation would reveal that you don’t lose money in fiat terms.

Giant Panda: To sum up, your funds is SAFE, no traps. Please take some time to DYOR. We have illustrations in our documentation. https://docs.opanda.io

Gold Rocket | Satoshi Club: safety first👍

Andrés M. | Satoshi Club: Let’s check it Satoshiclubbers, is time to educate ourselves!

Giant Panda: However, it’s not a guaranteed bet. If no users are buying a BNB call option, you will notice that the APR will go 0. Which means as BNB call pool contributor, you don’t have any revenue in a certain time period.

It’s all a dynamic process, depending on a lot of factors. I can ensure you that it makes sense and is fair.

Andrés M. | Satoshi Club: What others pools do you have on the platform?

Giant Panda: so far BTCB/ETH/BNB. we’ll add more underlying assets like LINK/LTC/DOT in the coming weeks

Gold Rocket | Satoshi Club: thank you very much for the detailed answer! ready for the next question?

Giant Panda: ok. let’s move on

Q3 from Telegram User @Ajpaa

The option value in your ecosystem is said to be composed of intrinsice value and extrinsic value. What is the difference between the two values? How does the intrinsic value measure profit? How does Extrinsic value rises with increase in volatility in the market? How does this help a user make better decision to maximize profit in your ecosystem?

Gold Rocket | Satoshi Club: Great! Thanks for sharing 😊

Giant Panda: As Option Panda is only underwriting At The Money options, intrinsic value with any buyer is 0. For the difference and explanation of intrinsic and extrinsic value, you can read here: https://docs.opanda.io/untitled/6.-what-is-an-options-intrinsic-value-and-extrinsic-value

Extrinsic value is also sometimes called time value of an option. All options underwriten and bought on Option Panda only have time value till expiry.

The volatility of an underlying asset will be automatically adjusted by the system, depending on the usage/utilization of the system. It’s also a dynamic process.

Andrés M. | Satoshi Club: Btw, great job with this guides, I agree with you that option are an interesting but complex concept. Do you have more guides like this one to learn more?

Gold Rocket | Satoshi Club: Yes, in this industry it is very difficult to understand without a good guide. thanks for taking care of this👏👏👏🐼

Giant Panda: We’re making video tutorials. Soon to be released. So that people will learn how to use Option Panda. Right now we are in the infant stage of growing, I have confidence that soon people will learn our platform. Savvy investors should start from the tutorial we write from here.

Gold Rocket | Satoshi Club: Thank you very much for your answers! ready for the next question? 🐼

Giant Panda: hold on. Let’s me have some water

Gold Rocket | Satoshi Club: Oh! this is a martini 😁😉

Giant Panda: Back. Ready to go

Q4 from Telegram User @pratze

I read that OptionPanda is a decentralized option underwriting and trading exchange. As OptionPanda operates in a decentralized environment, it pools real underlying asset as collateral to guarantee option underwriting. how does OPA’s underwriting mechanism work? What are the benefit that user got by using this system?

Andrés M. | Satoshi Club: Haha

Giant Panda: For underwriting mechanism, you should read: https://docs.opanda.io/untitled/12.-what-is-option-pandas-option-underwriting-mechanism Five available expiry durations, 5 minutes, 15 minutes, 30 minutes, 45 minutes and 1 hour, will be offered at Option Panda’s initial launch.

Option Panda adopts an auction-like option offering mechanism. Every cycle, after the old option expires, new option with the same expiry duration will be generated with a fixed offering amount. This offering amount is calculated based on the availability of underwriting pool at that moment. Buyers are able to purchase the option until the upper limit is hit.

Giant Panda: Users can easily buy/sell an option with ease and transparency, which you cannot enjoy with the same favor in centralized exchanges like Deribit. Deribit or other centralized option exchanges are basically marketplaces. Their option pricing mechanism is not transparent and has a lot of traps, which is not a fair play for small players. For option sellers, you can pool together to enjoy the revenue paid to you by option buyers; For option buyers, you can leverage the advantage of options to gain more profit with tiny amount of principle.

As an option buyer, you enjoy the upside or downside leveraged profit if the option you hold expires in the money.

Example 1: If you paid 50 USDT to acquire a BTCB call option with a strike price of $35,000 which expires in 1 hour, and it expires at a price of $36,000, you made a profit of $1,000 in 1 hour. 20 times the principle you put in.

Example 2:  If you paid 50 USDT to acquire a BTCB put option with a strike price of $35,000 which expires in 1 hour, and it expires at a price of $34,500, you made a profit of $500 in 1 hour.  10 times the principle you put in.

Andrés M. | Satoshi Club: Incredible, now I see the big benefits.

Giant Panda: Both examples are quoting the similar parameters therefore they’re true and not fabricated. This is the magic of options trading.

Gold Rocket | Satoshi Club: the benefit is obvious 🐼

Andrés M. | Satoshi Club: Yes, big profit😁

@PappaPanda thank you for the clear explanation. Btw, one of the most important thing on trading platforms is the safety of funds. So, have you been audited? What was the results of the auditing process?

Giant Panda: Smart Contract of Option Panda has been audited by Slowmist, one of the most well-known auditing firms in the crypto space. The Audit report could be found here: https://github.com/GiantPandaZoo/docs/blob/main/SlowMist%20Audit%20Report%20-%20OptionPanda.pdf

you can also check our deployment links here: https://docs.opanda.io/deployment-links

Gold Rocket | Satoshi Club: thank you for sharing and for being so responsible about the issue of safety👏👏👏

Andrés M. | Satoshi Club: Thanks for share it. Safety first👏 Ready to proceed with the next question?

Gold Rocket | Satoshi Club: Are you ready for the next question?

Giant Panda: sure

Q5 from Telegram User @andrey_seleznov

I see only one available liquidity mining farm OPA-USDT on pancake swap. Traditionally it is not the best idea to farm a token vs the stable coin due to a risk of impermanent loss. Do you plan to open more farms with more altcoin pairs? Do you need to partner with other projects to create new farms or can you just pick a random token by yourselves?

Giant Panda: We are having the OPA-USDT liquidity pair token staking because we want to encourage people to provide liquidity on Pancakeswap so that in the future majority of OPA trading will happen on decentralized exchanges. Impermanent loss is the phenomenon when you don’t have enough liquidity with a trading pair. That’s exactly what we are trying to solve with the OPA token incentive.

For the second quesiton. Yes. We’re going to open more farms. The next step is, we’re going to allocate some OPA to reward liquidity provider for Underwriter_Token/Underlying_asset liquidity pairs. Take your case as an example. If you have put 10 BNB into the BNB call underwriting pool, you will get an equivalent amount of BNB_Put_Pool_Token in your wallet, which represents your share/ownership in BNB call underwriting pool. That ownership token should correspond to the 10 BNB you put in to the pool. Therefore, we are planning to use OPA to incentivize BNB_Put_Pool_Token/BNB liquidity pair providers so that users will have another choice and better liquidity to exit his/her position.

This is the underwriter token in my wallet after I contributed asset into pool

Andrés M. | Satoshi Club: Amazing, it seems great new features are coming for OPA, could you share us your roadmap? What else is coming for your platform? What is the next big step?

Giant Panda: Concerning partnerships with other projects, our operating team is actively exploring it and discussing with a lot of projects right now.At its initial launch, Option Panda will focus on providing traditional cryptocurrency (BTCB/ETH/BNB etc.) option trading on Binance Smart Chain, with gradual listing of more underlying assets. In 2021, we are planning to support synthetic asset option underwriting and add CBBC(Callable Bull/Bear Contracts), which is a variant of options, to expand the product line. It’s also a work in progress to support Ethereum Optimistic Rollup network, Arbitrum, Cartesi, Polygon(previously Matic) network etc., for users of those public chains to trade options.

 Arbitrum already released its beta version of mainnet. We are looking into it. Matic is already a working mainnet, probably more close. Once we are deployed, Ethereum community members could also use Option Panda to buy/sell options. 1. Listing of more underlying assets; 2. deployment on Arbitrum or Matic. These two are the most actively explored efforts by us right now.

Gold Rocket | Satoshi Club: Yes, a lot of work. By the way, can you share your roadmap with us?

Andrés M. | Satoshi Club: Don’t forget to share the coming announcements with our community💪

Giant Panda: https://docs.opanda.io/untitled/2.-what-is-the-roadmap-of-option-panda

Andrés M. | Satoshi Club: Thanks for the excellent answers. Is time to proceed with the last question of this first part, ready to go?

Gold Rocket | Satoshi Club: Thanks! 🐼

Giant Panda: ready

Q6 from Telegram User @indomiekuy

I read from your site that OPA holder control the governance power of OptionPanda and will benefit from the platform revenue buyback & burn activity. I’m quite exciting since you have buyback and burn system, could you explain how does your buyback and burn system work? Have you schedule it or only do them for special event?

Giant Panda: Right now we have small user base and tiny revenue, therefore it’s a special buyback & burn event. When we are growing bigger, we plan to let the community decide. We’re planning it. Actually not only for the buyback & burn, but for the entire platform governance affairs. The plan is: (1) a vote page will open on snapshot.page for Option Panda governance; (2) the manager ownership will be transferred to the smart contract of governance; (3) The community(OPA holders) will vote to determine Option Panda governance affairs. (4) the smart contract will be executed. As we’re going to open more functionalities and have bigger plans for Option Panda with our roadmap. The transfer of governance ownership might happen later this year. But we’re soon going to have the voting function open to community members first. The first stage plan is to letting OPA holders to vote for new underlying asset listing on Option Panda. For example, OPA holders could vote to list LINK/DOT/LTC/SNX etc. for option underwriting on Option Panda.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @Jonahapagu

Hello @PappaPanda

Option Panda’s pricing mechanism for its options is said to be transparent and strictly follows the Black-Scholes formula, and that Nobody can manipulate the option price on Option Panda as it is calculated by smart contract according to specified rules… so how does Option Panda maintain a transparent pricing mechanism for its Options while using  the Black-Scholes formula, what are the advantages of using this Formula for your Options, and what kinds of specified rules do you have in your contract to disable  manipulation of the price of an option in Option Panda

Giant Panda: The pricing formula is writen in the contract. Therefore no one is able to change an already deployed contract.

Q2 from Telegram User @Antoni_azx

Option Panda has a Fiat Basis option in USD stablecoin used for premium paid by option buyers to any option underwriting pool on Option Panda, can you share the concept of a premium paid option and a underwriting pool? How does this Fiat Basis is better than the implemented in other platforms like Hegic?

Giant Panda: For comparisons, please read: https://docs.opanda.io/untitled/5.-what-is-the-difference-between-option-panda-and-hegic   Hegic has internal flaws in its design in our opinion. Both buyers & sellers on their platform doesn’t have any advantage against each other.

Q3 from Telegram User @MaxiVV

If Option Panda is a decentralized options underwriting & trading exchange, which supports Ethereum, Binance Smart Chain and its similar peers are Hegic and Binance Option, semi-decentralized and centralized in nature respectively.  Could you say Binance is one of your major competitors? How do you face it? What plans do you implement for growing community when you compit with one of the biggest and favorites crypto exchanges?

Giant Panda: Binance option, first, we’ve done some comparisons and found out that their option pricing is 2x the normal price. Therefore, Binance charges an option buyers double fees which is unfair. Another fact is that you cannot underwrite an option on Binance. That is to say, only Binance itself could charge option buyers crazy fees to enjoy the profit. On option panda, you could choose freely to be an option buyer or seller.

Concerning competition. yes, Binance is very strong in marketing and has a large user base. But decentralization is the very thing that will interrupt centralization and make it a fair play for all users. We’re still in an infant stage. Small but growing.

Q4 from Telegram User @sheikhhsaab

Any benefits for  holding $OPA in long-term? i mean reward system for the OPA holders

Giant Panda: We hope people could recognize the long-term value of OPA. If we grow big enough, OPA holders will have very big reward.

Q5 from Telegram User @messilolz

What was the reason to list on Gate. io exchange and will you list on Big Cex like Binance etc in the future?

Giant Panda: We’re talking with other CEX for listing. A lot of second tier CEX come to us for listing cooperation. We’ll announce it when we have more concrete steps.

Q6 from Telegram User  @lzamg

🌟I’m interested to know about the fees charged for using Option Panda. Is your platform free to use? If not, would you tell us how do you calculate the fees? And what are these funds used for?

Giant Panda: Option Panda charges 1% from seller or buyer’s profit. We’ll use that profit to buyback & burn OPA.

If you made $100 profit, Option Panda smart contract charges $1 and send that $1 to an address for future buyback.

Q7 from Telegram User @cryptonation2

Can you give me your github and also a YouTube channel or platform where you will upload your videos for guide?

Giant Panda: https://github.com/GiantPandaZoo/OptionPandaContract  We don’t have Youtube channel ready yet. But it will be available very soon.

Q8 from Telegram User @surendra040

What is the best features in option panda for derivative trading and how easy it is to use for new users ,any video guide or tutor available?

Giant Panda: savvy investors should read our docs, it’s all there. https://docs.opanda.io

Q9 from Telegram User @Tahsinahmett

How do you expect the community to help the project grow? Do you have an award or ambassador program that we can participate in?

Giant Panda: Yes. we have ambassdor program. Please join our tele channel to discuss it. We have CM there to respond you. https://t.me/opandaofficial

Q10 from Telegram User @cryptofollower

Option Panda is a decentralized options underwriting & trading exchange which supports Ethereum and Binance Smart Chain. But there are currently BTCB, ETH and BNB right now. Do you plan to add the tokens that uses Ethereum and Binance Smart Chain networks too? Also how does system calculates Option Premium and Strike Price? Where do you get the data and which formula do you use?

Giant Panda: For option pricing formula, please read: https://docs.opanda.io/untitled/13.-how-the-price-that-i-have-to-pay-to-buy-an-option-is-determined-by-option-panda

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of OPA. They’ve prepared 4 questions for this part. The total reward pool for 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:

OPA Website – opanda.io
OPA Telegram – @opandaofficial

We are pleased to announce our next AMA on June 10th 2021 at 04:00 PM UTC Time: Satoshi Club x Drone

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

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

Part 3: 300$ – A quiz about Drone

For more details:
Drone Website – dronecoin.finance
Drone Telegram – @dronecoinofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 8th 2021 at 03:00 PM UTC Time: Satoshi Club x FootBallSport

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

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

Part 3: 300$ – A quiz about FootBallSport

For more details:
FootBallSport Website – footballsport.finance
FootBallSport Telegram – @FootBallSport_Official21
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 10th 2021 at 02:00 PM UTC Time: Satoshi Club x Raptor

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

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

Part 3: 300$ – A quiz about Raptor

For more details:
Raptor Website – raptr.finance
Raptor Telegram – @PhilosoRaptorToken
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on June 9th 2021 at 01:00 PM UTC Time: Satoshi Club x Defactor

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

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

Part 3: 300$ – A quiz about Defactor

For more details:
Defactor Website – defactor.com
Defactor Telegram – @defactor_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish