DxSale x Satoshi CLUB AMA Session 22 March 2021

PART 1. Introduction of DxSale project and community questions.

Hello, Satoshi clubbers and guests of this site. We are happy to present you with a project that has a vision is to provide the best user experience within the token lifecycle across popular blockchains.

DxSale.network is building a true decentralized, blockchain agnostic user experience of the token journey.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Gold Rocket | Satoshi Club – @GoldRocket27 

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

Hash | dxsale.app – @DxSale_Hash

Introduction of DxSale project.

Gold rocket | satoshi club:

Good evening, dear community!

We conclude our today’s exciting ama marathon series with dxsale.

Today our guest is @dxsale_hash!😀

Andrés m. | satoshi club:

It has been a great day for our group, we are near to 50k members 😁

Gold rocket | satoshi club:

Welcome to satoshi club!

Hash | dxsale.app:

Thanks for having me

Andrés m. | satoshi club:

How are you?😃

Hash | dxsale.app:

I’m doing really good, excited for this one as its been on my radar for a while

Gold rocket | satoshi club:

You have a great sense of humor 😁 we are delighted to welcome you here today

Hash | dxsale.app:

Thanks again @goldrocket27

Andrés m. | satoshi club:

We as well are excited to know more details about you and about dxsale

Gold rocket | satoshi club:

Make a small intro about yourself and the project😊

Hash | dxsale.app:

Sure hey, y’all I’m hash – I’m a 1/5 co-founder for dxsale. I”m not a developer and my background is in years of delivering technical projects.

I work as a TPM (technical program manager) as my day job and at the night I wear my cape and become hash.

Now let me tell you about dxsale

Hash | dxsale.app:

Dxsale did our presale in Aug 2020 and our vision is pretty much the same as it is today – to build a venture capital standard in the crypto economy.

If anyone wants to be involved in the cryptocurrency world – the ticket into this world is through a token. Hence our strategy to make our vision a reality is to build services that resonate with our vision. Currently one of these services that are living and working on our applications are dxstake, dxlaunch and dxlock.

Our dapp is accessible at dxsale.app – we are currently integrated on eth, BSC and Matic.

Andrés m. | satoshi club:

Which were the results of the pre-sale?

Gold rocket | satoshi club:

😁 lol

Hash | dxsale.app:

On top of my head, we were looking to raise 1000 eth but ended up raising half that. Here’s an old medium article on the summary

1) presale completed – https://hash-dxsale.medium.com/dx-sale-pre-sale-completed-ceae5c97ece0

2) final burn & supply – https://hash-dxsale.medium.com/dxsale-burning-final-supply-966cdfb570e0

Btw – our website is going through UI overhaul so the best way to learn about our project and progress is through our medium page

https://hash-dxsale.medium.com/

Gold rocket | satoshi club:

Thank you very much for sharing! And for a great intro! If you’re ready we can go to community questions🚀😁

Hash | dxsale.app:

Let’s do it.

Preselected questions about the DxSale DeFi project.

Andrés m. | satoshi club:

Q1 from telegram user @brainchest

What tools do you offer to make correct decisions when investing in a project. And why are they called for angel investors? Do you divide investors into groups? If yes, can you explain in more detail, if I have $ 1000, in what group will I be and will I be able to use these tools?

Hash | dxsale.app:

So we are a true decentralized open launchpad – what does this mean?

✅ you don’t require any sale token to create a presale

✅ you don’t require any sale token to participate in a presale

✅ no angel investors, private group-buying early and dumping on retail

How we protect users currently

✅ our DAO ensures that all presales automatically list on either uniswap, Pancakeswap or quickswap (based on where they are creating their presale) and automatically lock 🔓 on our platform so that investors are protected from the most common type of rug pulls (scammers not adding liquidity).

——> now this solves 90% of scenarios. Token creators can still bring custom tokens with mint and other functions for rugging – so it’s up to the community to band together and do better research. Our job at dxsale is to bring tools to the launchpad that helps users make better decisions on each project listed.

How are we protecting users in the future?

☑️ decentralized voting

☑️ decentralized vetting

☑️ linters and marketing accessibility

So no angel investors, no division of groups, no tiered system. Our model is different from other IDO platforms. Come on come all – no barriers to create and participate. We will deal with the problems that come with it and improve the platform

Andrés m. | satoshi club:

My personal question, what is your real identity? 🧐

Hash | dxsale.app:

You wanna know my secret identity?

Gold rocket | satoshi club:

Sounds good😉

Andrés m. | satoshi club:

Thank you, my friend, I think this is a clear answer that affords all the details of the question, we can proceed with the next question if you want 💪

Satoshi Nakamoto? 😅

Hash | dxsale.app:

Yes, we are good to go. We are all satoshi.

Andrés m. | satoshi club:

Good point

Gold rocket | satoshi club:

Crypto super heroes of our time 😁

Andrés m. | satoshi club:

Let’s go 🥳

Andrés m. | satoshi club:

Q2 from telegram user @belkysgonzalez

You extended your services to the Binance smart chain, becoming the first truly decentralized locker and launchpad on BSCas you mention. But there are other launchpad projects on BSC, so how does dxsale stand out? What do you do differently that makes it a truly decentralized platform?

Hash | dxsale.app:

– no tiered system, 0 sales required, no barriers to start or participate in the sale.

– lowest fee in the market

– automatic listing and liquidity providing to pcs through a smart contract

– our secret sauce will be the community that is growing every day that will triumph it all – we just have to keep listening to them and building

No tiered system, 0 sale required, no barriers to start or participate in sale.

– lowest fee in the ma =====> this is the reason crypto got safemoon

Andrés m. | satoshi club:

Yes, that is the item that drives the adoption

Low fees attract more interested users

Hash | dxsale.app:

Def but I think what has set us apart is just flipping the famous IDO model that everyone is employing. Tiered, private investors, vetting and doxxing then launching. That’s not decentralization by any means

Yet it’s being called IDOs

Gold rocket | satoshi club:

Tell us please, what other blockchains are you planning to integrate? Have I heard of matic?

Ethereum?

Hash | dxsale.app:

We launched Matic already – we will be doing some amas with them as well, they are busy working on something as well. Currently, you can create any presale on Matic and launch on quick-swap

So it’s free real estate for someone to create the next safemoon on Matic.

Andrés m. | satoshi club:

How do you prevent that from happening? I mean stay decentralized and not just from private investors

Hash | dxsale.app:

Documentation for connection to matic – https://docs.dxsale.network/matic-polygon-tutorial/1-adding-matic-to-metamask

Video tutorials for creating and participating in a presale using our platform – https://docs.dxsale.network/video-tutorials-for-using-the-platform

Currently, we don’t have any otc, whitelisting functions in our platform but we are looking for ways how we can enable that. The main point is that a platform shouldn’t be picking who gets private access

Andrés m. | satoshi club:

Great work my friend, I would like to ask you about the audit.

Hash | dxsale.app:

Yes sirr

Andrés m. | satoshi club:

Are you in the process to audit the platform? Or have you done?

Hash | dxsale.app:

We are in chats with an auditor and are in the process of making the audit. This org will also be partnering and advising me on our attempt to build out a decentralized audit system for the platform as awell.

If we are successful in creating this system it will become part of the dxsuite and anyone can use it

Gold rocket | satoshi club:

This is actually a great solution.👍

Hash | dxsale.app:

I’m not rushing it – do it first, do it right approach with the audit stuff.

Andrés m. | satoshi club:

Thanks for the info, it’s an important topic

Gold rocket | satoshi club:

Thank you very much for the answer! Ready for the next question? 😉

Andrés m. | satoshi club:

Q3 from telegram user @yellowchamp

Dxlaunchpad and locker are already live in polygon (previously Matic) and you are working also on zil integration and BSC bridge. So why there is a need of integrating more chains for your platform? As time goes by, how will dxsale manage this integration? What will be the impacts that those integrations bring towards your network and why you will choose those chain as your collaboration? Thank you.

Hash | dxsale.app:

So why there is a need of integrating more chains for your platform?

— I like this one. Going back to the “vision” of building a VC of crypto. You need to ensure that users coming in have a choice, the cryptocurrency industry isn’t just one chain, it’s many. The goal I’ve set for my team and i are 8-10 integrations on dxsale. I believe, like many, the crypto scene is just entering its next phase of adoption on other chains. It’s like food, everyone has their favorites and one blockchain can’t partner with everyone in the world. Everyone will find their own partners and grow at their own speed.

How will dxsale manage this integration?

— we made the platform easy to integrate and scale with as our vision was very broad when starting out the project in aug 2020 – when you change a network, everything on the UI side changes to accompany that network. We will be evolving the UX as we slow down our building process in the year.

— what will be the impacts that those integrations bring towards your network and why you will choose those chains as your collaboration?

The impact may not be positive today, or tomorrow but the impact will come, every blockchain will have its “Binance” moment, the purpose of dxsale is to provide the infrastructure that will help grow out the token ecosystem at a very high rate.

Andrés m. | satoshi club:

Thank you for the detailerd answer. Talking about your token ecosystem could you tell us more about your tokenomics? How is it distribuited?

Gold rocket | satoshi club:

Great goal! And excellent answer. By the way, since you mentioned the team. Tell us a bit. How many people and what functions do they perform? Why did you choose to remain anonymous superheroes? 😁🦸‍♂🦸‍♀🦸🦹‍♂🦹🦹‍♀

Hash | dxsale.app:

Erc-20 utility token currently, will be making BEP-20 and ZIL-20 soon. Poly has a sidechain so no shifts there.

The purpose of sale token was for dxstake – staking.dxsale.network

Users who stake and stay in the ecosystem are provided rewards from the revenue generated from dxsale presales – this goes live on March 24th. All of the revenue that we’ve earned from safe moon and other projects will be shared with those who are staking sale on the platform.

Andrés m. | satoshi club:

Great info for holders 👏

Hash | dxsale.app:

We are a team of 5

4 – full stack engineers

Dennis/raph – handle the ui and web3 aspects

Dev/ken – handle the integration and blockchain side

These guys didn’t know much and have evolved and continue to evolve their understanding so i”m looking forward to our next dapps.

1 – the dude helping them out (me).

Each of us have different reason for anonymity – conflict of interest for work, privacy, don’t want to deal with legal/regulations aspects and just build good tech that brings value. We are slowly considering changing that. Sadly, being anon has limited us with very few choices on the marketing side as it only takes one bad anon team to make others look bad.

Gold rocket | satoshi club:

I understand your position! Thank you for the honest answer! Ready to jump to the next question? 😉

Hash | dxsale.app:

Yes m’lady

Andrés m. | satoshi club:

Q4 from telegram user @mihaipisica

On your social media channel, you make there a comparison between dxsale and another platform, saying that they made millions from their lockers on the eth blockchain and yet the devs still dumped their tokens and not only, also that made a second token because their devs were even more greedy. Being said that – regarding you, on March 24th, is dxsale airdropping a lump sum of all previous rewards for staking? Then after that, will airdrop for each project launches successfully?

Hash | dxsale.app:

I’m not sure if we ever said that or a member of the community did – so I can’t confirm or deny that

But in regards to the dxstake 1.5 upgrade – there will be an initial airdrop that is a lump sum of previous rewards and then it will be airdrop for each project launch.

There will also be a dxstake 2.0 that focuses on a better UX which will come later down the pipeline

Gold rocket | satoshi club:

I hope you don’t forget to invite satoshi clubbers.😉

Andrés m. | satoshi club:

How to join the airdrop?

Hash | dxsale.app:

Buy $sale tokens – go to staking.dxsale.network and stake.

There will be details sent out today about the specifics of the airdrop that will make it clear

Andrés m. | satoshi club:

In your tg group, right? Please provide links to our members to join 😃

Hash | dxsale.app:

Tg: @dxsale

Twitter: twitter.com/dxsale

Medium will have it as well

Andrés m. | satoshi club:

We’ll be expecting for that announcement, thank you. Time to proceed with the 5th question 🥳

Gold rocket | satoshi club:

https://hash-dxsale.medium.com/hash-logs-march-7f4a3095a5f0

Andrés m. | satoshi club:

Q5 from telegram user @indomiekuy

Dxsale already makes collaboration with other projects but I just wonder why dxsale choose Zilliqa & Matic project as a partner? What is the benefit that they give to dxsale project? And do you have a plan to add a new partner in the future, if yes which project?

Gold rocket | satoshi club:

Please tell us a bit about the partnerships that exist and that you have in your plans btw

Hash | dxsale.app:

Matic and Zilliqa were both welcoming of integration and guiding us to build a decentralized token system. We had lots of calls to demo our product and get their blessings of the value we will be bringing. Now that Matic/Polygon is live, we are working on introducing it to their communities to show them how easy it is to set things up

Future partnerships are currently on hold as I don’t want to commit to anything that I can’t deliver. I have some ideas of the chains I’d like to integrate to. But our focus right now is

BSC IDO to bring the sale to pcs

System optimizations on mobile, SSL, and loading times

Zil locker

Working closely with polygon and quick to get things going in that front.

Once these are done we will announce details of the next integrations

Gold rocket | satoshi club:

Perfect answer! Ready for the next question? By the way, it is the last of this part.😉😁

Andrés m. | satoshi club:

Thank you @dxsale_hash you provide excellent and clear questions 💪

Q6 from telegram user @yiselen

I understand that they carried out a verification of their code because they presented failures in the presales with degenr that did not give way and called to exclude the contracts. What will the dxsale testing process look like after this through verification?

Our last question of this first part

Hash | dxsale.app:

So, we don’t do any verifications but the community does work together to sniff out bad contracts.

After the presale completion, the owner must call finalize for the auto listing and locking. If the owner doesn’t, we have the ability to cancel that function as a last resort to automatically refund the users

Hash | dxsale.app:

There have been many scenarios where many users are cloning safe moon but don’t have whitelisting or knowledge of other functions and because of that they are not able to call finalize

So the community of the project asks us to cancel the finalization and refund.

What we did in response to this is – add BSCtest network and asking everyone to test before deploy so there are no surprises on their front

Andrés m. | satoshi club:

@dxsale_hash thank you for all the info shared in this first part, we hope you still have superhero powers to answer the questions of the second part of the ama 😁

Gold rocket | satoshi club:

@dxsale_hash thank you very much for the excellent and clear answers! If you are ready, then we can proceed to 2 part of AMA.

PART 2.Questions about the DxSale 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 DxSale 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 @surendra040

For a newbie user do you have any guide or tutorial video on how to use it?

Hash | dxsale.app:

docs.dxsale.network

You can get step by step guide or youtube videos from there

Q – 2 from a telegram user @cryprince

Why did you name your project as DxSale? Does it have any meaning? 

Hash | dxsale.app:

Dx was a fun way for us to say decentralization. I really don’t know why and when we got it.

Q – 3 from a telegram user @theprinceofnigeria

It’s the same bots asking questions over and over lol. Fkin jokes?

Hash | dxsale.app:

I agree – lets play a game DM me the answer to 7+2 and i’ll answer your question.

Q – 4 from a telegram user @smelekin

You are saying all procedures are operated by smart contracts so what happens if one of your smart contracts have vulnerable? How can you make sure that your smart contracts are safe?

Hash | dxsale.app:

Smart contracts will be audited. But Audit is no way of confirmation a system is secure. In cybersecurity 101 – No platform is secure, it’s only a matter of time vulnerabilities are found.

This is why you see projects that have been audited in the past become hacked. It’s an ongoing practice for good practice.

Q – 5 from a telegram user @K2ice

On the security aspect, do you think that the DxSALE platform is prone to cloning?

Hash | dxsale.app:

Currently, there are a project that is taking ideas ofc but in terms of actual cloning- none as everything is private until the audit is done.

Q – 6 from a telegram user @Jamesw19

 Dxsale.network gets greater adoption and popularity whats to stop dx launchpad from being saturated with too many low quality applications(tokens)?

Hash | dxsale.app:

We can easily tackle this through different filters and what the community considers quality. We will be adding governance to DxSale where the community will decide these things.

Q – 7 from a telegram user @BJosefina61

Your roadmap talks about the release of DxLaunch 1.5, how does this differ from 1.0?

Hash | dxsale.app:

1.0 is a staking and unstacking platform with fees that are distributed to others along with burning.

Q – 8 from a telegram user @Guandog

As we know, NFTs are here to stay disrupting the entire crypto market, can you break down your opinion and vision about NFTs within the platform?

Hash | dxsale.app:

Yes, we have a lot of ambitious ideas around NFTs for our platform, haven’t seen anyone do it like the way we will be approaching the space yet.

Q – 9 from a telegram user @blockchainstake

Do you have liquidity mining program that we can earn there and what are the APY’s we can earn?

Hash | dxsale.app:

in the works with some partners for DxFarming might not be until a couple of quarters. right now there’s a lot we want to do.

Q -10 from a telegram user @dumpspump

You know there are many different blockchains so how many blockchains do you support on your ecosystem?

Hash | dxsale.app:

We currently support 3 – AIM is to support 8-10 then do a big UI overhaul update.
Supported – ZIL, POLY, ETH, BSC

Part 3 – Quiz about project

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

Telegram group  | YouTube |  Tweeter  |  Website  |  Medium  

AMA Satoshi Club x Cue Protocol, March 2nd

We are pleased to announce our next AMA on March 2nd 2021 at 04:30 PM UTC Time: Satoshi Club x Cue Protocol

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cue Protocol 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Cue Protocol Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cue Protocol

For more details:
Cue Protocol – @cueprotolchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Cere Network, March 28th

We are pleased to announce our next AMA on March 28th 2021 at 04:30 PM UTC Time: Satoshi Club x Cere Network

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Cere Network 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Cere Network Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Cere Network

For more details:
Cere Network – @cerenetwork_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

AMA Satoshi Club x Whirl Finance , March 21st

Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Whirl Finance. The AMA took place on March 21st, 2021 and our guest was @Karenword.

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

D. Папа Роуч: good day everyone! we will have AMA session with @WhirlFinance ! today’s guests – @MrGreen00x @karenWord ! welcome to Satoshi Club!  😊

Gold Rocket | Satoshi Club: Good evening, dear community!

We conclude our today’s exciting AMA marathon series with Whirl Finance.

D. Папа Роуч: @MrGreen00x @karenWord how is it going guys? 😃

KAREN: Hello Satoshi Club, Thanks for having us today, it’s a great privilege. Very well, Thanks for asking

Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @MrGreen00x & @karenWord!

KAREN: I’m sure Mr Green will be joining us soon

D. Папа Роуч: ok, awesome!

KAREN: Great

Gold Rocket | Satoshi Club: To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Whirl Finance? small intro please😊

KAREN: I’m Karen. Marketing Manager of WHIRL and Sister Project Flashx Ultra. I’ve been in the Crypto industry for over 8 years now.

And during my time I’ve been able to explore various areas of the industry. I’ve held Positions Like CMO, Marketing assistance and COO. During my time in this industry. Previously I’ve worked with Warefern Food Incorporation, As a Sales Representative, And then as a Sectary of the organization. Before quiting and shifting attention to the Blockchain Industry. As you’re aware. Defi is swiping the global industry and we’re also on it. Taken the industry to the next level. And With WHIRL FINANCE and FlashX Ultra we’re creating the next level of generational Sustainability sharing system of wealth creation. Elevating humanity. Which I really think it’s the reason why the blockchain technology was made alive.

Done

Gold Rocket | Satoshi Club: This is Karen’s really impressive background!👏👏👏

KAREN: Oh thank you so much

D. Папа Роуч: 8 years wow, almost since the begining of crypto times 😄

KAREN: Hahaha, I was tempted by Bitcoin at the time

Gold Rocket | Satoshi Club: Please tell us a little about your project with which you came. Whirl Finance – what is it?

KAREN: Here is a briefly explaination of our both project

WHIRL FINANCE which act as a multi-coin cryptocurrency wallet that securely stores and allow users with quick and easy interaction with your crypto assets in the most simple 

and easy way. The Wallet which is user friendly enables users to send and receive as well as view of various balances of any supported cryptocurrency available within the address. It also enables the tracking and monitoring of assets in an eco- friendly environment of the Whirl Finance.

And FlashX ULTRA our sister project, is a new generation of Crypto currency based platform, As it is written, It’s a utility token, used and implemented in the flashx platform, The Flashx Platform developed and maintained for various purposes of various industrialization which includes the Uses of the Token, For staking, gaming, Farming, and fees for delivery 

of goods and services. It also carries out its Mining operation on the Crypto Flasher App. With the major aim of FlashX being to enlighten the public and its usage towards massive adoption.

Done

Gold Rocket | Satoshi Club: It seems to me that this is a very popular direction in crypto👍

KAREN: Well, Most people jump on this direction, but at the end, They’ve not really justified the system. That’s why we’re here

Gold Rocket | Satoshi Club: share what you are unique about?

KAREN: You mean Whirl Finance

Gold Rocket | Satoshi Club: Yes of course! 😊

In your opinion. What are you most proud of today?

KAREN: The security system of Whirl Finance  ecosystem, is very huge, Strong and mightily empowered. To stand all forms of threats. The security is built with mighty component, A combination of various security tools. Which enables the platform to  withstand and fight off any forms of security threats. Various forms and types of Security challenges plaguing similar platform shall, Ain’t able to compete with platform.

Gold Rocket | Satoshi Club: many thanks! I really liked your intro! if you’re ready we can go to community questions 🚀

KAREN: The Whirl Platform Wallet enables users with unique experience such as :

– Use FaceID is enabled, Touch ID, or conventional passwords to protect your crypto investments and various asset within the platform

– Protect all online interactions through the app’s military-grade encryption enablement

– Enablement  wallet balance checked, transaction history, Date and time and other details, All available on your device

– Special and empowered, security. thereby Keeping your unique private key, secure and guided with bank-level security, which operate in a military grades of projection

– The  provision of  prviacy with your funds and safer login with watch-only.

– Check your balance without exposing your software wallet.

– Offers resigned transactions to save your time.

– Enhanced security with two-factor authentication for transacting, transaction limits, and instant payments.

Gold Rocket | Satoshi Club: It sounds more than good👏👏👏

KAREN: Thank you, We’re creating an ecosystem that will be know for only Excellent/ Okay let’s go

D. Папа Роуч: thank you for the great intro!

Q1 from Telegram user @Highpee

Whirl Finance is built on the blockchain architecture of Binance Smart Chain. Although the Ethereum network is quite congested and transaction Fees are unnecessary high, however, many still see this blockchain as being the most familiar and having a mature and robust ecosystem. Why did you prefer to launch Whirl Finance on binance Smart chain and what resources do you think this blockchain offer which suit your project design ? Do you have consideration for other upcoming chains with great potentials such as cosmos, Polkadot or xDai and will it be possible for you to interoperate across multi-chains?

KAREN: I love this question honestly

Gold Rocket | Satoshi Club: Satoshi Clubbers are masters of writing cool questions😉

KAREN: Beyond the Ethereum gas fee, And popularity, it was always bright and considerate for everyone to see things and experiment them from both sides, We needed to have a different direction from others, We have a few chains suggestion, We research on BSC and we were interested to know leverage on the advantages it has to offer, hence we take on the opportunity, Concerning moving or switching to another Blockchain, it’s not in our agenda. So we’re good with Bsc

Done

Gold Rocket | Satoshi Club: thanks for the answer!

D. Папа Роуч: as i know for the projects on BSC it wouldn’t be problem to migrate on Ethereum if it will be needed in the future?

Gold Rocket | Satoshi Club: Your choice is truly justified!

KAREN: This is true, But for now and at the moment, We have no reason to do, And our Project investors are really happy, Because we gave them the Very best of what they wanted.

D. Папа Роуч: got it! thank you for answer! ready for the next question?

KAREN: Let’s go

D. Папа Роуч: 🚀🚀🚀

Q2 from Telegram user @kimchien

There are so many crypto wallets out there on the market, and all of them can do almost the same job. In what aspect Whirl Finance Wallet is unique from the rest?

KAREN: Okay, This is in line with what I just discussed previously, but let me elaborate more on this

Gold Rocket | Satoshi Club: We’d love to hear from you 👍

KAREN: Just like you’ve said, Our wallet is almost like every other wallet out there with almost the same features, At Whirl we ain’t just building a wallet, As it encomposed with countless number of things

Gold Rocket | Satoshi Club: Tell us about your favorite features and functions😉

KAREN: Every features of the wallet always impressed me, so I can’t really. From the Trading Aspects, down to fees charge, down to the Outlook, Everything is just so exceptional

D. Папа Роуч: when your wallet will be available for users by the way?

KAREN: We’re almost done with the Development. Probably at the end of this month and early month it should be out

D. Папа Роуч: very nice! i would love to try your wallet 😊

KAREN: Done

Yes we’ll present an opportunity and also a beautiful giveaway for testers soon

D. Папа Роуч: 👀 cool! 😊👍

Gold Rocket | Satoshi Club: By the way, what is your team? How many people and what are they doing in the project?

KAREN: We’re majorly a team of 5. And the rest are just various moderators

Gold Rocket | Satoshi Club: I would also participate in testing. Don’t forget to invite Satoshi Clubbers😉

KAREN: Of cos, we’re open for this, We’ll give an opportunity to as many that wants to participate. Don’t forget that Whirl has a burning mechanism too, each transaction, 2% is sent to hell, through a gate of no return

Gold Rocket | Satoshi Club: Not a very big team. Are you anonymous or public persons?

KAREN: We’re an Anonymous, but doing great things, Because we want to see the world on a better place

Gold Rocket | Satoshi Club: thanks for answers! everything is clear to me! ready for the next question?

KAREN: By the way, We’re having our Charity donation soon to Countries in Africa, like Nigeria, Somalia, Zimbabwe and lot of them, So we’re here to impact positively in the world

Sure, I am

D. Папа Роуч: let’s go! 🚀

Gold Rocket | Satoshi Club: It is very commendable, to give part of the income to good deeds.👏👏👏

 Q3 from Telegram user @JesusFre1tes

Whirl have a 5 second block time and a Proof-of-Authority (PoA) consensus mechanism. This is incredibly fast. How does the PoA consensus mechanism help Whirl to be faster? What advantages have you found specifically in this consensus model? Why did you choose PoA instead of other well-known ones such as LPoS, PoW, DPoS or others?

D. Папа Роуч: quite techie question 😄

KAREN: Yes and that’s what we’re about to hit on, you know Corona Virus pandemic has caused a lot of damages. So whirl finance is here to help in elevating humanity. Hahahaha, Technical Questions

 Well, like I said earlier on, The things that you’re actually seeing within the Whirl ecosystem platform, We’re all decided together with our Investors, we’ve had a look and views from various angle, hence we go for what’s best for us

Done

D. Папа Роуч: ok, got it! difficult question simple answer 😁👍

KAREN: Hahahaha, No hard life, because it was simple for us all to decide

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

KAREN: Yes

Q4 from Telegram User @Arisabela

There’s two ways to farm LP tokens with Whirl, th Vegan Farm and the Kindcow farm, can you tell us the advantages of each one? Why did you decided to associate with this two projects and for one of your core feaures: farming?

KAREN:

Well, this statement isn’t correct, because we have over 5 to 6 different farm LP available to us now. From Vegas, Pandao,kindcow, and lot of others

 Each of them you see on there on the ecosystem have great potential, We had a look at both side and it was very very exciting to grow together, Having the various advantages and benefit we could get from them and and us to them

D. Папа Роуч: when did you start your LP farming?

KAREN: Probably first week of our Launch and a lot of people are enjoying the LP Farming right now

Done

D. Папа Роуч: can you share with us link to your farming pools?

KAREN: Sure, Please be patient why I get them up here. Here is a guide for each one including the various links

“Farming is open — Staking method whirl-bnb (LP token)” by Whirl Finance

https://link.medium.com/mMNZfADGNeb

 We are proud to announce our partnership with VeganSwap!

Liquidity Staking is Live!

You can stake your WHIRL/BNB Liquidity from Pancakeswap and Earn $VEGAN

https://veganswap.finance/farms

To buy whirl, check pinned message here: @whirlfinanceann

You can join on Vegan Nation too

@veganswap

Done

You’re welcome

D. Папа Роуч: thank you! ready for the next question?

KAREN: Sure

Q5 from Telegram user @NataliyaKil

Whirl Finance’s security rating according to Cointobuy analysis: WHIRL is ranked 3163 out of 3991 cryptocurrencies. So, what steps do you take to keep your users and the platform safe?

D. Папа Роуч: actually im first time hearing about this rating system😁

KAREN: Well, If you’ve been Follow our Channel, You will realized how greatly our Security is, And its rated as Military grade. One thing I’ve come to realize, New project ain’t really getting the Justified rating, So we’ll keep on doing our thing, and not be moved by the rating of other platform as we’re still very new in the Crypto space

D. Папа Роуч: you on the right way  👍

Gold Rocket | Satoshi Club: Safety first! 👍

KAREN: But I assure you, All your asset are very very secure within our Ecosystem platform. If you follow all protocol. You’re completely safe, And gat nothing to loss or fear

D. Папа Роуч: as i know your contract passed audit?

KAREN: I didn’t even have an idea. But I’ve seen things like that about other projects. Yes it was completely great, Next audit is coming up again soon

Done

D. Папа Роуч: nice! thank you! ready for the last question from this part?

KAREN: Go on

Q6 from Telegram user @belkysgonzalez

The roadmap of Whirl Finance is not really specific yet. The goals for April 2021 are Whirl Wallet Launch and More developments. What do you mean exactly by “More developments”? Would you share with us what will you be working on for April?

KAREN: We have a lot of Platform Development including, The App Launch, More Marketing, Partnership, As well as great view of Launching our Debit Cards too

Just a quick explaination of the app

The app is basically a multi wallet Chain, that Accepts Different Blockchain System, Including ERC-20, Bep-20 and the rest of like 3 to 4 different Chain will be intergated into the wallet

° This App will be entrust, with 100% Guarantee of security and safe, which will present its self as a number one wallet of global industrial services.

° It will also enables Live trading and price chart information on desk from the go, on Various Crypto Currency Exchanges, Which is already been worked on at the moment 

° The App Development, And it’s Features, Is set to be the greatest that has ever been present, Setting afar up to be the Greatest Technology, The world is waiting to see, With everlasting Impact on the Global industry, in years to come.

° It will also serve as  Decentralized system of peer to peer, With superb encryption support

° enablement to Exploring a Decentralized World. Where you trade all Asset anonymously and Seamlessly.

° Whirl the world at your Finger tips made easy

@Whirlfinance

Done

D. Папа Роуч: @Karenword big thank you for answers in part 1! we will open chat for 2 minutes, after chat will be closed – you can start select questions from Satoshi Сlub members! 😉

KAREN: Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram User @highpee

👋Hello

You have hinted that you are not just going to be focusing on the profit side of crypto but you will be engaging in SERVICE TO HUMANITY through CHARITY . So how will you combine the two together? Which aspect of charity are you focusing on and which locations will benefit from this kind gesture?

@MrGreen00x

@karenWord

KAREN: Well, There’s nothing like combining two together, It’s always been the part and reason why FlashX founds Whirl to help the less previlege ones. As for locations, I sharred a few earlier, I think you can found them above. So thank you for this question. It’s great to know that you’re really concerned about Whirl

Q2 from Telegram User @JoanaZ

️The Whirl Finance wallet just is able to support tokens of BSC ( BEP-20) or also other type of token are available too?n

KAREN: Yes as shared above, It will be compatible with over 4 to 5 different Chain. Also a great support and acceptance of the major tokens and chain available

Q3 from Telegram User @AmirJosh

Whirl Finance allocated 30,000,000 $WHIRL for airdrop. How can users join this event? When will this airdrop commence and what are the requirements to be included on it?

KAREN: This event hasn’t been be launch yet, Thousands we’re currently strategizing on this, so I will advise you to stick to our announcement channel, because it will be Communicated through there as soon as possible.

https://t.me/WhirlFinanceAnn

Q4 from Telegram User @lzamg

🌟One of the products of Whirl Finance is the Whirl Master Card, which offers a series of benefits for its users, including the possibility of paying with the Whirl token for instant conversion to fiat. But as we all know, in some countries the use of cryptocurrencies is not completely adopted, so how do you plan to overcome this challenge? How will you accomplish the mass-adoption of your token and wallet? @MrGreen00x @karenWord

KAREN: Superb Questions. Yes our Debit Cards is in View already, Mass Adaption is possible to achieve, As long as Bitcoin keeps breaking and opening of Boundaries, Countries who haven’t adopted Cryptocurrency are also on our list and we’re looking for a solution and plans for them too, I myself being part of the Strategic team and Marketing Manager, We’re seeking for a better way to provide a solution to this

Q5 from Telegram User @h1drX

I think that most of the people who work with cryptocurrencies when thinking of a wallet automatically turn to TrustWallet, Metamask or TronLink as the first option, so it is a very big challenge to be able to take WhirlWallet to be one of the top wallets.  Can you review the good aspects of WhirlWallet compared to the other wallets?

@karenWord

@MrGreen00x

KAREN: Well, Metamask had its own issue, Our wallet will be Developed on the simplest interface, But military grade security system, So one thing you should know is that we ain’t here to compete with them, but to improve the system and take far beyond where they’re currently setting, one things is this, Good product, Don’t stay long before it shows it’s robust system. And as for WHIRL FINANCE we’re on the right track

Q6 from Telegram User @rockmorti

Can the community decide on the changes and participate directly in the future of WHIRL through some mechanism well known as governance or DAO?

KAREN: Yes, If you’re part of our community, You will realized that Community has been the one ruling, So I now I tell you Community are the real MVP, They’re Kings, That’s why we always considered them when making decisions

Q7 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

You said you are having our Charity donation soon to Countries in Africa, like Nigeria, Somalia, Zimbabwe and lot of them. Can you give us more details about it? What you will donate there? Btw, how do you see developing such a complex ecosystem like blockchain in the poorest continent in the world?

KAREN: Well, Africa isn’t poor if you understand the background and knows the history of the Continent, Black Lives didn’t start with Slavery, Africa leaders actually let themselves down. Hence there’s a toxics feeling all around. so many advantages are on there on that beautiful Continent , So we’re going there to donate like Foods items and clothing materials for them, the less privilege, Imagine a system the Government doesn’t care about her people. We’re really want to elevate this, If the world population could join us on this mission, We could probably eliminate hunger from Africa and make their lives better. But nevertheless we’ll do our best, to best of our limits

Q8 from Telegram User @apocan99

I saw in your roadmap that there will be new use cases, what is the plan for this?

KAREN: Yes this is true, But I wouldn’t speculate now, We’re discussing with a very big company in Asia, trying to get things up, once it work out, we’ll announced our New Usecases. Thank you for this question

Q9 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

I read on your site that TechRate was commissioned by Whirl Finance to perform an audit of smart contracts, the purpose of the audit being to achieve the following – 1)Ensure that the smart contract functions as intended; 2)Identify potential security issues with the smart contract. Did it pass the audition? What does your audit say about possible delays in data delivery and private user data leaks? Is there anything we should care about, considering that your token is listed on PancakeSwap, which was exposed to some risks a few days ago?

KAREN: Our Audit was delivered perfectly well, Infact it’s a total win, 100/100 very secure and safe, So there’s no delay, read more of this via our channel or Community page

Q10 from Telegram User @MihaiPisica

Hello @MrGreen00x @karenWord

 I saw on youtube about you on the channel “Crypto Crazy”, people are speaking high about you there. The fact which caught my attention is what I read about your products and properly I’m saying about “MASTER CARD”. Did I understand right that you have a partnership with that amazing worldwide banking system?? There is said that WHIRL MASTER CARD enables customers and investors alike as well as presenting a beautiful and well design platform for Crypto Master Cards to be used worldwide and it can provide Cashback up to 10%. Can you relate to us more about this product? What will be the fees for withdrawing real money and in which countries it can be ordered?

KAREN: Oh sorry about that mistake, We’re planning of editing the Whitepaper, because of Wrong interpretation of that part, We ain’t in Partnership with Master Card, Rather Whirl will be issuing out its own Debit Cards, Which will be available soon

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Whirl Finance. 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:

Telegram Group: https://t.me/WhirlFinance

AMA Satoshi Club x YellowRoad , March 25th

We are pleased to announce our next AMA on March 25th 2021 at 04:30 PM UTC Time: Satoshi Club x YellowRoad

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YellowRoad 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. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. YellowRoad Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about YellowRoad

For more details:
YellowRoad – @yellowroadofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Oxbull x Satoshi Club AMA Recap from the 20th of March

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 Oxbull and our guest was 0xUshi | I will never DM you first – @OxUshi. The AMA took place on the 20th of March.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

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

Part 1 — introduction and questions from the Telegram&WebSite

Goldie Rocket | Satoshi Club:
Good evening, dear community!
We conclude our today’s exciting AMA marathon series with Oxbull.tech. Today our guest is @OxUshi!

0xUshi | I will never DM you first:
Hello!

Andrés M. | Satoshi Club:
@OxUshi welcome to our community, how is going your weekend?

0xUshi | I will never DM you first:
Busy busy! We have IDO going on right now, soft cap reached within 5mins, it is going well.

Goldie Rocket | Satoshi Club:
Wow! it’s incredible !!!

0xUshi | I will never DM you first:
Everything is prepared and we are looking forward to a smooth cutover plan for our deployment tomorrow.

Goldie Rocket | Satoshi Club:
Congratulations! 🎉

0xUshi | I will never DM you first:
Congrats me tomorrow, the job not yet done 🙂

Andrés M. | Satoshi Club:
We will be waiting for the results of the IDO.

0xUshi | I will never DM you first:
Yes, cool.

Goldie Rocket | Satoshi Club:
To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Oxbull.tech?😁

0xUshi | I will never DM you first:
Ok sure. I am 0xUshi, a tech product lead in my day job in the tech sector, leading a technology team with 150 people strength, responsible for 3b CHF worth of transactions on our business-critical system every year.

Having a background in computer science, I am deeply interested in new technology. As a matter of fact, I and my team have participated in a number of hackathons in the past years and managed to emerge as top winners in some of those.

The recent booming of Defi use cases reminds me a lot of how the early days of the .com era, and out of our recent gathering talks during the new year, we decided to get our hands dirty to start to understand the tooling and also the blockchain ecosystems.

Goldie Rocket | Satoshi Club:
It says that you are very passionate and love crypto!

0xUshi | I will never DM you first:
Lol, in for the tech yes. Nevertheless, it seems to us that the future of finance, and also how the future world would operate, lies in the power of utilization of blockchains. This then brings us to the realization of, the power of determining the future of blockchains actually lies in the many hands of smart contract developers.

Goldie Rocket | Satoshi Club:
Mass adoption is coming!

0xUshi | I will never DM you first:
We believe so.

Andrés M. | Satoshi Club:
Wow, Great experience in the tech field. Now could you give us an introduction about the Oxbull project?

0xUshi | I will never DM you first:
With the recent crazy demands on blockchain projects, many took advantage, on the wrong side. Many project creators or developers were driven by wrong intentions, which result in scams and rug-pulls. And that was the reason why I and my team founded Oxbull.tech. Oxbull.Tech is aiming to change that and help drive the next generation of Blockchain projects.

Goldie Rocket | Satoshi Club:
How did you get the idea to create Oxbull.Tech?

0xUshi | I will never DM you first:
Oxbull.tech is a startup incubator and launchpad developed by 3 tech enthusiasts. We hope to help startups with the necessary funding and support to kick start their project in the most efficient way possible. From there, Oxbull.Tech shall connect quality and credible blockchain projects with investors. We wrote a medium post for it, have a look: https://oxbull.medium.com/oxbull-may-the-bull-be-with-you-1d907ce4da13

Andrés M. | Satoshi Club:
How did you solve the financial issues to create the project?

0xUshi | I will never DM you first:
For our own project, we use the raised fund of OXB and pretty much survive until now. all marketing, infrastructure, development cost are through the raised fund of OXB presale.

Goldie Rocket | Satoshi Club:
Your ideas are ambitious enough! We love this attitude! 😉 What do you think is your biggest achievement so far? In your opinion… @OxUshi

0xUshi | I will never DM you first:
Oh, we also have one Twitter post, let me get it: https://twitter.com/Oxbull5/status/1371259723354374145?s=20
A small achievement, but slowly but surely, we are growing step by step.

Andrés M. | Satoshi Club:
Great job😃, could you give us more details about the presale?

0xUshi | I will never DM you first:
One thing to mention, we are a grass-root startup, started everything from the ground, with the aim to bring credibility into space.
Do you mean OXB presale? It was a very interesting experience. We were trying to raise 250 BnB, but the trust from the community was overwhelming. Our presale was oversubscribed by x3 in 1min. I think it was 880bnb, and we refunded 530 bnb with no question asked. Then the deployment and listing were as well picture-perfect (because we have practiced them for 4 times before).

Andrés M. | Satoshi Club:
Congratulations, that’s the effect of a project with fundamentals!

Goldie Rocket | Satoshi Club:
It says a lot! community is the blood of the project. if you have that kind of support, then you are truly unique! 👏

0xUshi | I will never DM you first:
Thanks. We truly enjoy the process of building something meaningful.

Andrés M. | Satoshi Club:
Well, are you ready for the first question of this part of the AMA?

0xUshi | I will never DM you first:
Agree, our community, especially those who stuck with us through highs and lows, we truly appreciate them.
Go ahead.

Andrés M. | Satoshi Club:
Q1 from Telegram User @lzamg
Oxbull Tech as a launchpad and incubator will help projects through Initial DEX Offerings (IDO), which are divided into three tiers. Can you explain what do those tiers consist of? What is the IDO model that Oxbull runs? Is this model inalterable or can it change based on the projects’ needs?

0xUshi | I will never DM you first:
Ok, we have a medium post describe this as well let me get that: https://oxbull.medium.com/initial-dex-offering-ido-6bdd25106c54
Is this model inalterable or can it change based on the projects’ needs? Yes, it varies based on the nature of the projects. For example, if the project is aiming to raise a small amount, then we will only have tier 1 and 2, but not 3.

Goldie Rocket | Satoshi Club:
Do you want to add something?
Or can we proceed to the next question?

0xUshi | I will never DM you first:
No, nothing much to add. and as usual, join our tg and dm me if you have any questions.

Andrés M. | Satoshi Club:
Q2 from Telegram User @borysfireball
I see that you have paid tribute to fashion and prioritized DeFi and NFT spaces, but the fashion lady is capricious and changes every bull market. Do you have a long-term vision for both the projects you focus on and the blockchains you will be integrated into? What is your strategy for years and decades?

0xUshi | I will never DM you first:
We do not prioritize trends. We prioritize tangible use cases. Oxb is a very good use case. It combines the concept of VC, incubator, dividend buys back into one. Oxb uses RFI technology to reward holders. All transactions incur 2% fees, which is called reflection fees and this is then redistributed to all holders.

Andrés M. | Satoshi Club:
What are the main benefits for holders? Apart from that.

0xUshi | I will never DM you first:
Let’s compare it to the stock market. Most of the value investors invest in certain companies because they believe in the industry or the company. However, the financial return of the investment will only increase when the value of the stock increase with OXB, you buy oxb because you believe in Oxbull.tech will do well and hopefully the value of oxb will go up. At the same time, while holding oxb, you gain as well due to the ongoing transactions. All the ups and downs of the trading activities benefit holders.
So, this is a very interesting use case, to reward long-term holders, who believe in the company, and willing to go through the ups and downs of the company, while benefiting from the trading activities.

Andrés M. | Satoshi Club:
What is the current price of OXB?

0xUshi | I will never DM you first:
Let me check, I don’t really care so much about price.
It is 0.66 USD.

Goldie Rocket | Satoshi Club:
Sounds good considering that you are a young project🚀

0xUshi | I will never DM you first:
Yes, and NFT for sure is another very interesting field for real-world use cases. Our space cowboy, set to become the go-to sci-fi NFT platform. Have a look: https://scb.oxbull.tech/#/

Andrés M. | Satoshi Club:
Completely agree, a hot topic in the market, even non-crypto artists are interested in the concept.

0xUshi | I will never DM you first:
We partnered with an international artist, who has designed illustrations for books and games for an international and domestic company. Her NFT series sold out in less than 10mins.

Goldie Rocket | Satoshi Club:
I love them all 😁

Andrés M. | Satoshi Club:
Me too, looking for a baby Yoda there 😁

0xUshi | I will never DM you first:

Too bad sold out 🙂

Andrés M. | Satoshi Club:
😢 haha bad news for me
I see, the designs are high quality.

0xUshi | I will never DM you first:
Yes, she spent 3-4 days per piece, handrawn them

Goldie Rocket | Satoshi Club:
I hope there will be more and I will get it in my collection🙏

0xUshi | I will never DM you first:
Sure, stay tuned, news will be released on our channel.

Andrés M. | Satoshi Club:
Q3 from Telegram User @yellowchamp
You will have a burnt event at every milestone in your telegram community. So what leads you to have this idea? Why do you need to burn $OXB tokens for each milestone of the Oxbull.tech telegram community? What are the impacts of these burning events that will bring to the platform, Community and to investors? Thank you.

0xUshi | I will never DM you first:
As indicated before, the community is one of the key pillars of Oxbull.tech. Without the support and trust from the community, Oxbull.tech is nothing. Burning OXB brings the total supply of oxb down, which means the value of the oxb of existing holders will go up, provided that the demand of oxb remain constant/increase. We hope this burning event will bring certain excitement towards the community and continue to stay with the Oxbull.tech for the time to come.

Andrés M. | Satoshi Club:
That’s what I see in the chart, the price of OXB has been growing these weeks When will take place the next burning event?

0xUshi | I will never DM you first:
Don’t buy oxb until you are convinced, join in, and observe how we work.

Andrés M. | Satoshi Club:
Q4 from Telegram User @igervacio
Some people limit themselves to using loan platforms because they work based on Ethereum and we all know the transaction costs of Eth, you developed a platform called Etna Network based on BSC Why did OXB not choose the conventional path that Ethereum offers and how Does BSC benefit from your digital loan services?

0xUshi | I will never DM you first:
We believe technology progression requires a low barrier to entry, in order to achieve mass adoption. BSC as a two-sided platform provides a perfect ground for it. On the one hand side, the transactional cost for the user is low. On the other hand side, deployment and learning iteration (number of deployments) for the developer is also relatively low. So, that’s why we choose BSC to start and also support projects who shared the same values. This doesn’t discount us from going to the uniswap/eth network.

Andrés M. | Satoshi Club:
That’s the most important feature that users are looking for these days.

0xUshi | I will never DM you first:
I am hopeful for uniswap v3 and I am hopeful for eth 2.0. We are in for the tech 🙂 not the brand

Goldie Rocket | Satoshi Club:
I saw it in your plans for the 3rd quarter in the roadmap.

0xUshi | I will never DM you first:
Once uniswap transaction fees go down to a low level, we will be there. In fact, we are preparing ourselves. making sure our contracts and also future development plans are as well compatible with eth network.

Andrés M. | Satoshi Club:
Btw, what is your most important target for this year?

0xUshi | I will never DM you first:
Our target is always to help a startup to be successful, and bring credibility into space. Our vision is to help 1000 companies. So, we are making baby steps 🙂 We hope we can support 20-30 startups by end of the year 2021.

Andrés M. | Satoshi Club:
Is there any filter to be one of those companies or any project can apply?

0xUshi | I will never DM you first:
Any project can apply, however not all projects will be accepted. Till to date, we have accepted 4, reviewing 2, rejected 3. We seek people who shared the same value as us – quality, credibility, relentless execution. Even if the startup’s first MVP/project is a fork/clone/low novelty, we believe that having the right mindset and work ethic is far beyond everything.

Goldie Rocket | Satoshi Club:
Great goals! And also a responsible attitude to business!
Thanks for the answer! Ready for the next question or would you like to add something? 😊

0xUshi | I will never DM you first:

0xUshi | I will never DM you first:
No, let’s proceed.

Andrés M. | Satoshi Club:
Congratulations on those corporate policies, ethical values must come first.

Q5 from Telegram User @h1drX
In your whitepaper, you mention that The Oxbull way is driven by Quality, Credibility, and Relentless Execution. But on what aspects of a project do you base yourself to qualify it as trustworthy and credible to later provide it with tools and financial support?

0xUshi | I will never DM you first:
Hmmm. Trust = consistent deliverables over time.

You build credibility and trust with consistent deliverables, you don’t get trusted from the first day and we understand that. That’s why we push ourselves to deliver based on our promise and keep the communication transparent.
Have a look at what we achieved in the last 3 weeks and also the tweet on “biggest week”, and let me know what can we further improve, always open to listen.

Andrés M. | Satoshi Club:
Yes, that is Relentless Execution I think.

Goldie Rocket | Satoshi Club:
I think you have done a lot and there is even more work ahead! 🚀

0xUshi | I will never DM you first:
And we are always ready for it!

Goldie Rocket | Satoshi Club:
How ready are you for the next question?😁😉

Andrés M. | Satoshi Club:
Our last question is about community achievement 😁

0xUshi | I will never DM you first:
As ready as the community is.

Andrés M. | Satoshi Club:
Q6 from Telgram User @JuanSB07
I was very struck by the number of people or followers that Oxbull plans to attract during the following quarters, (Q1-1,400 followers on Twitter) (Q2-5,000 followers on Twitter) (Q3-20,000 followers on Twitter) in addition to reaching 5,000 members on Telegram. So, to achieve this, what kind of marketing campaigns and strategies are you planning to implement? How do you think to have so many followers/members interested in the project in such a short time?

0xUshi | I will never DM you first:
We mainly focus on delivering good products and supporting good projects, marketing on an empty shell is what we are not aiming for. We prefer to go with word of mouth marketing, and you can go to our Twitter once again, and see the testimonial given by our community. We do occasionally drop into ama like this one, but we don’t do huge publicity at the moment.

Andrés M. | Satoshi Club:
A great way, you are always welcome here!

0xUshi | I will never DM you first:
Thanks 🙂 And that’s why community is our key pillar.

Andrés M. | Satoshi Club:
@OxUshi It has been an exciting time in this first part of the AMA. Are you ready to interact with our community for the second part? 😁

Goldie Rocket | Satoshi Club:
Actions speak, not words😉

0xUshi | I will never DM you first:
Sure.

Andrés M. | Satoshi Club:
I think all the projects should focus on that, great work my friend 👏

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ Marian Merheb

🧨 I read on your whitepaper that you are focus on four areas DeFi, NFT, General, and Deep Tech, what caught my attention is the fact that in this last area you are focused on “Deep Tech”, one of the things you stated is Med Tech. Can you tell us more about this? With the Med Tech area being such a delicate and complex area, what plans do you have to contribute to it? When will we see more of what Oxbull has to offer to this part?

0xUshi | I will never DM you first:
MedTech – technology in the medical industry. Why MedTech? It is a very obvious answer. I have seen quite some interesting use cases of blockchain that will be highly applicable in MedTech. For example: https://www.coindesk.com/singapore-uses-blockchain-for-verification-of-covid-19-test-results

Goldie Rocket | Satoshi Club:
And in the era of covid, even more so.

0xUshi | I will never DM you first:
The inefficiency of record storage, in conjunction of privacy concern, make it a perfect fit for blockchain technology to come in and support the space. Furthermore, I have a network in top STEM universities in the world, and I believe we will be able to see some startups that focus on MedTech will be coming on board in the near future.

Goldie Rocket | Satoshi Club:
This is what we are all talking about: blockchain is primarily a technology, not money. 😁

Q2 from Telegram user @ Belkys Gonzalez

📝Hello @OxUshi! The Oxbull Tech roadmap is very impressive and detailed. Did you already accomplish all the goals for Q1 2021? Which milestone would you say has been the most important for the Oxbull Tech project? What is the development team focusing on right now?

0xUshi | I will never DM you first:
I think the most important milestone is that we as a team manage to launch 2 projects successfully in 8 days.

Q3 from Telegram user @ Johnny ℹ️🅿️

🙋‍♂️ Hello 0xUshi. OxBull, OXB, was launched 4 weeks ago and you have already recorded some bull-ish milestones such as the launching of SPACE COWBOY, SCB, a week after launch, and successful recovery from a crisis that was caused by a CONTRACT BUG. I wish to know if there is a relationship between SCB and OXB and if this a second project which is managed by the OXB team? For the other incident that has to do with the bug, can you tell me what really happened? How were you able to recover from this and how were the affected investors duly compensated?

0xUshi | I will never DM you first:
It was an interesting crisis I must say. We were trying to do the burn event, and the burn event accidentally affected the balance of the liquidity pool. We managed to work with Pancakeswap devs, and restore the balance of the liquidity pool. Instead of seeing the usual panic and drop of trust, our community stood strong. That in my eyes is the real strength of a strong community.

Q4 from Telegram user @ Marian Merheb

🧨 I read on your Medium Articles that you recently added a really amazing artist as the first feature artist on Oxbull’s platform. Can you tell us more about her and what would her role be in Oxbull’s ecosystem? If more artists want to join Oxbull, how would that be possible? Do you have any program for them to register? How is the process they need to go through? Also, what benefits artists have from working with Oxbull?

0xUshi | I will never DM you first:
Yes, she is amazing! And yes, we are open to artist collaboration. Just ping me or email us at info@oxbull.tech

Q5 from Telegram user @ Last Call 🕔 Bots Killers TEAM

Could you give information about your team structure? Are you a crowded team, do you have members with different experiences?

0xUshi | I will never DM you first:
We are a team of 3 tech enthusiasts, with an extended team member focuses on design. We played a different role in the team – product lead, front end (UI) development, and back end (contract) development.

Q6 from Telegram user @ 👽 Mars Crypto Community 🌔

I know you are sensitive to projects created to defraud. How do you think investors can distinguish these projects and why should they trust you?

0xUshi | I will never DM you first:
As said, trust can’t be built within a day. We believe in consistent deliverables and continue to show progress. And I constantly encourage potential investors to observe us constantly. And don’t buy in until they are convinced.

Q7 from Telegram user @ Lun Mei (CryptoBuddhist)

Can your IDOs run on any type of blockchain (and not just BSC and eth)?

0xUshi | I will never DM you first:
Yes for sure. And we are preparing for it.

Q8 from Telegram user @ 🤳📱📸SCREENSHOT 📸📱 🤳

Do you have back-up investors?

0xUshi | I will never DM you first:
We are a grass-root start-up, which means no VC-backed. This also means no VCs will dump on you 😉

Q9 from Telegram user @ Nguyenthanh

I read your medium Oxbull.tech already launch “Etna”: A mobile-oriented Borrowing and Lending platform. Can you explain what Oxbull tech already contribute to “Etna”?

0xUshi | I will never DM you first:
Etna is the upcoming lending and borrowing platform on BSC. Oxbull.tech basically provided Etna support on branding, community management, IDOs launching for now. We will announce further partnership in the space of gaming and NFTs in the future.

Q10 from Telegram user @ moe

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

Why did you choose Binance Smart Chain it’s very risky and easy to rug-pull? Your smart contract has been audited now?

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

0xUshi | I will never DM you first:
We are arranging an audit with a major auditing company. Based on our roadmap, we will finish our audit in Q2.

Part 3 – Quiz Results

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

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

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

Our partners:
Telegram Community – https://t.me/Oxbull_tech
Twitter – https://twitter.com/Oxbull5
Medium – https://oxbull.medium.com
WebSite – https://www.oxbull.tech/
Email – info@oxbull.tech

FuguSwap x Satoshi CLUB AMA Session 19 March 2021

PART 1. Introduction of FuguSwap project and community questions.

Hello, Satoshi clubbers and guests of this site. We are happy to present you FuguSwap.

 Next-generation decentralized deflationary farming platform and yield aggregator / optimizer built on BSC.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @madamlobster and Gold Rocket | Satoshi Club – @GoldRocket27

The Representative of the project:

Fugu Head Chef – Head chef of @fuguswap yield farming rewarding LP in multiple ways!!  — @Fuguheadchef

Introduction of FuguSwap
project.

Mary | Satoshi Club::

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

@fuguheadchef welcome here 😀

Fugu Head Chef::

Hello everybody, nice to meet you

Gold Rocket | Satoshi Club::

Good evening, dear community!

Mary | Satoshi Club::

How are you today? 😀

Gold Rocket | Satoshi Club::

Welcome to Satoshi club❤️

Fugu Head Chef::

Good day 🙂

Gold Rocket | Satoshi Club::

Thanks for joining 😊

Mary | Satoshi Club::

So, let’s start our ama 🚀

Gold Rocket | Satoshi Club::

To begin with, please tell us a few words about yourselves and how did you get to be involved in crypto & Fuguswap?

Fugu Head Chef::

I am head chef a 28-year-old crypto passion, I have been involved in crypto since 2014 I used to mine doge and another crypto ever since.

Since then I have always studied projects and tried to find their problems and fix them with sustainable mechanics:

I have a degree in finance and worked in forex for a lot of time, I decided to quit the job and go full time in crypto right after the 2017 bubble!😅

Mary | Satoshi Club::

Oh, forex, it’s the beginning 😀 Did you ever try fugu soup?😉

Fugu Head Chef::

My favorite dish🐡

Gold Rocket | Satoshi Club::

Is it so dangerous to eat this fish? 👀 Sorry for the off-topic 🙈

Mary | Satoshi Club::

It’s about trusts sometimes 😂 or every time. You should trust the master chef😀

Gold Rocket | Satoshi Club::

Yes, it’s exactly like cryptocurrency. 😉

Gold Rocket | Satoshi Club::

This is an amazing metamorphosis! 😁 Crypto makes us all a little bolder and freer❤️

Fugu Head Chef::

That’s for sure.

Mary | Satoshi Club::

You’re risky 😉 So, when did you decide that crypto needs fugu?😀

Fugu Head Chef::

I have entered BSC net yield farming protocols and found very few projects that make sense, they are all just forks of each other and the native token has no actual use cases that offer insanely high APY    and what happens to the token price after few days or even a few hours?

Mary | Satoshi Club::

I know what😂 they’re dumping

Fugu Head Chef::

Exactly

Mary | Satoshi Club::

So, Fuguswap brings new senses? 😀

Fugu Head Chef::

Yes many

Mary | Satoshi Club::

Can you tell us more about them? 😀

Fugu Head Chef::

We will build many products that will be available for free only for fugu liquidity providers and most of the income that these products generate will be used to buy back fugu and burn it

Mary | Satoshi Club::

This definitely has sense! Your users will have many incentives to love Fuguswap 😉

Fugu Head Chef::

Fuguswap DEX, funny addictive games, casinos, our charting platform are some of them

Mary | Satoshi Club::

A lot of features! You have wild imagination 😉 this would be great when everything will go live!

Thank you for your intro! Do you want to start with the questions from our community?😀

Fugu Head Chef::

I can’t wait Mary!!

Preselected questions about the FuguSwap
DeFi project.

Gold Rocket | Satoshi Club::

Q1 from telegram user @wormz28

You are aiming to revolutionize the liquidity mining sector by punishing the sellers and rewarding the liquidity providers in very unique ways. So in order to achieve these goals, what mechanics does the protocol will be using?

Mary | Satoshi Club::

Let’s go 🚀

Fugu Head Chef::

One of my favorite names

Mary | Satoshi Club::

Thank you 😂

Fugu Head Chef::

  • 10% transaction fee:
  • 10% to be burned forever
  • 10% deposit fee on all non $fugu pools:
  •  6% to buy fugu back and burn it
  •  2% to dev funds
  •  2% future project development funds
  • 10% withdrawal tax:
  • 4% to buy fugu back and burn it
  • 4% to be redistributed to the liquidity providers
  • 2% dev and future project funds

Fugu liquidity providers will receive weekly income in LP.

Mary | Satoshi Club::

So, does this mean that every time when I will send $fugu it will cost me 10%? Or I am wrong? I see here just 50% from 10%, where the rest 50% will go?

Fugu Head Chef::

Every time a transaction is made 10% of fugu will be burned forever.

So if you have 100 fugu and sell those 90% will be sold and 10% will be burned forever.

Mary | Satoshi Club::

It’s a bit cruel😂😂😂 But I like this game😀

Fugu Head Chef::

Decreasing the supply and punishing traders/dumpers while rewarding honest and loyal farmers.

Gotta find ways not for the price to plummet right ?!

Mary | Satoshi Club::

Yes, right😀

Fugu Head Chef::

And all is burning. The team is not getting any fugu per mint nor initial tokens. Which is very rare these days. The sushi team gets 10% per mint. Do you think they burn those?

Mary | Satoshi Club::

No?

Fugu Head Chef::

Hahahhaha no, I really don’t think so !!

Mary | Satoshi Club::

It’s in their pockets? 😉

Fugu Head Chef::

Eheheheh yes, my dear. Most important thing is to create products that have value outside of the farming ecosystem

Mary | Satoshi Club::

Mmm, then your system is better. But they still have a lot of users🤷 hope, they will know about Fuguswap soon😉 Thank you for your answers! Ready to proceed?🚀

Fugu Head Chef::

We want the best for the Fuguswap community and most importantly we want to be here even 10 years from now!!

Gold Rocket | Satoshi Club::

It sounds cruel enough but fair. If you care about the eco-system of the project.😉

Fugu Head Chef::

Yes, this is what we care about the most.

Mary | Satoshi Club::

So?😀

Fugu Head Chef::

Yes I am waiting for you!

Gold Rocket | Satoshi Club::

Q2 from telegram user @yellowchamp

Fuguswap community had decided to have a private sale with maximum 25 investors only. So lucky these 25 investors as an early adopter but why it is being limited only to 25 investors for private sale? How did you screen those qualified whitelisted applicants in your private sale? Aside from private sale, will you also launch a public sale for the Fuguswap community especially to those who did not make it in your private sale? If yes, when will it be? Is there also a whitelisting process for public sale? Thank you.

Fugu Head Chef::

As we always stated Fuguswap is a community-led project, we only needed 50 BNB to fund the initial project, so we made a poll, and the community decided to have 25 investors with 2 BNB each.

We will have a public sale next week and the hard cap will be 400 BNB.

The public sale will be hosted in dxsale or bounce platform and everyone will be able to participate!

Mary | Satoshi Club::

Prices for each sale will be different? 😀

Fugu Head Chef::

Yes, as private investors took a much bigger risk (smart contracts were not ready, no audits, they sent BNB to a BSC wallet, etc) they got 50% more tokens than the public investors

Mary | Satoshi Club::

Got it😀 and as I understand you still don’t have full details about the future public sale, right?

Gold Rocket | Satoshi Club::

This is a story about trusting your chef 😊

Fugu Head Chef::

Yes, everything is written in our medium.

  • Presale price 1 BNB = 3000 fugu
  • Listing price 1 BNB = 2000 fugu
  • Hard cap = 400 bnb
  • Min/max = 1/5

Mary | Satoshi Club::

Awesome! You can also share this medium article here😀

Fugu Head Chef::

I just published Fuguswap sales information.

Check it out on medium!!

https://Fuguswap.medium.com/Fuguswap-sales-information-d869f0c3b0b5

Gold Rocket | Satoshi Club::

Thanks for sharing 😌

Mary | Satoshi Club::

Thanks! Ready for the next question?👍

Fugu Head Chef::

Yup, Let’s go !!

Gold Rocket | Satoshi Club::

🐡 q3 from telegram user @antoni_azx

There’s a feature to win $ fugu tokens in lotteries and games, can you provide these sources to earn tokens in this way? Are they in-platform games or do you refer to external ways to receive earnings?

Fugu Head Chef::

Initially, the lottery will be very similar to pancake’s lottery, we plan to change that when we have funds to hire a blockchain gaming developer that will create our own gaming platform!

We will have an entire platform where all Fuguswap games will be hosted and we also plan to register Fuguswap as a company in the not too distant future.

Mary | Satoshi Club::

Got it! Btw, what is your favorite blockchain game now? 😉

Fugu Head Chef::

What about you?

I look forward to playing my neighbor Alice. Looks like that will be very interesting

Fugu Head Chef::

Mana is playable but not that special at all

Mary | Satoshi Club::

I am not a big gamer, but I like alien worlds, but still waiting for their launch😉

Gold Rocket | Satoshi Club::

Alien worlds  👽🙏❤️ @saromckenna

Mary | Satoshi Club::

And now I will be waiting for the Fuguswap games launch! Count on me😉

Fugu Head Chef::

Niftygotchi is cool as well

Mary | Satoshi Club::

I should try them, thank you for the advice 👍

Mary | Satoshi Club::

Are we ready for the next question?😀

Gold Rocket | Satoshi Club::

I also want to try 😉

Mary | Satoshi Club::

After AMA😂😂😂 because I am an addicted person.

Fugu Head Chef::

Yup

Gold Rocket | Satoshi Club::

Q4 from telegram user @derazy  

 Looking at your website Fuguswap.org, we can’t find information about the Fuguswap team. Where we can find the information about them? Does the team have background and experience in this expertise?

Fugu Head Chef::

Yes, there is a paragraph on our whitepaper, hang on.

FuguSwap team is one of the hardest working and honest Teams in the Binance Smart Chain, we all have a crypto background and  @fuguheadchef and @fuguchef have developed many other projects on the eth chain. 

The coders have developed many other fully functional Pancakeswap forks. 

Team members are one of the core pillars of the project. Our team members work around the clock to ensure FuguSwap is in its best shape. We work in different time zones and we will do everything

in our power to bring FUGUSWAP and the $FUGU token to the masses!

Mary | Satoshi Club:

Is your team anonymous?

Fugu Head Chef:

Well for now we are, but we have no problems in going public if the community requires us to do so. Honestly, I think blockchain is about anonymity and trustless technology.

Mary | Satoshi Club:

This will be great! But it’s definitely your community decision 😀

Fugu Head Chef:

Yup

Mary | Satoshi Club:

Yes, from this site you’re right 😀

Fugu Head Chef:

I will make an official poll about this once the project is evolved enough and the governance app is ready

Mary | Satoshi Club:

Sure! It will be an honest move👏 thank you for your answers!

Ready to jump to the next question?

Fugu Head Chef:

Yes 🙂

Gold Rocket | Satoshi  Club:

Q5 from Telegram user @h1drX

 You mention several times in the project whitepaper that FuguSwap relies on Binance Smart Chain to guarantee the cheapest and fastest transaction fees, but haven’t you thought about adopting another blockchain to FuguSwap to expand the options for users? Another chain like TRC20? Thank you.

Fugu Head Chef:

Right @h1drX. This is is the kind of question I want to be asked. Honestly, I am not a fan of Tron chain, we are looking into XDAI, Matic, and Polkadot.

Mary | Satoshi Club:

Nice choice 👍

Fugu Head Chef:

I would love FuguSwap to be a cross-chain yield Farming protocol, we would have our own bridge and one could farm wherever he prefers/ is more convenient.

Mary | Satoshi Club:

Yes, I see that we finally start to see more cross-chain projects 😀 soon it will be a must-have.

Fugu Head Chef:

Yeah, I have the same feeling.

Mary | Satoshi Club:

What about ETH?😂

Fugu Head Chef:

Eheheheh I guess we will need to wait for that. At least 1/2 years.

Mary | Satoshi Club:

I think I understand why😀

Gold Rocket | Satoshi Club:

Indeed, 😊😁

Fugu Head Chef:

XDAI is a very interesting technology, I love it.

Mary | Satoshi Club:

Yes, they are! So, they’re your favorites? 😀

Fugu Head Chef:

I really like them, yes, but once fugu has its own chain, I will have another favorite.

Mary | Satoshi Club:

Do you plan your own chain?

Fugu Head Chef:

Yes.

Gold Rocket | Satoshi Club:

For today cross-chain project is in a very advantageous situation. it is very far-sighted that you pondered on this. 👍

Mary | Satoshi Club:

When? 😉

Fugu Head Chef:

We plan to build many valuable products.

Mary | Satoshi Club:

Dream big 🚀

Fugu Head Chef:

It really depends on the funds the project will accumulate. All of it will be reinvested in the project itself!.

Mary | Satoshi Club:

Gotcha 👍 hope everything will go in the best way both for you and your community!

And we have the 6th and last question left from this part 😉 ready?

Fugu Head Chef:

last but not least

Gold Rocket | Satoshi Club:

Q6 from Telegram user @Brainchest

Visiting your website, I did not see the functionality and what the farming platform will look like. One page with a link to a tweet, No pairing for stacking, no DEX itself. Then I remembered that Fugu is a poisonous fish, if cooked properly it’s a delicacy, if not well it’s poison. Tell me, in this form it is raw Fugu, why is it not cooked and how do I knowbelieve whether this Fugu will be cooked as a delicacy or will be poison to my investment

Fugu Head Chef:

When you watched the website, you were looking at a draft, the official website is now up and everything is ready, the farms and pools tab is missing as we are not live yet.

They will be uploaded right after liquidity has been added, and everyone will be able to farm $FUGU!!

check it out at www.fuguswap.org

Mary | Satoshi Club:

What about security?😀

Gold Rocket | Satoshi Club:

I dream to try this delicacy! 😊

Fugu Head Chef:

What do you mean?

Mary | Satoshi Club:

Did you already make audits?

Fugu Head Chef:

Smart contracts are ready and deployed. Audits reports are out and passed with the highest of votes.

Fuguswap Audit

FuguSwap smart contracts have been audited and passed successfully!!

Give it a look!!

Mary | Satoshi Club:

That’s great! Btw, do you have a roadmap? Or it will be after Public Sale?

Fugu Head Chef:

Yes I will share with you the public roadmap, we have a private one but we can’t give away all our plans right?!

Mary | Satoshi Club:

Sure😂

Fugu Head Chef:

▶️ White paper ✅

▶️ Website ✅

▶️ Smart Contracts Publishing ✅

▶️ Token Contract deployment ✅

▶️ Private sale ✅

▶️ Smart Contracts deployment ✅

▶️ Smart Contracts Auditing✅

▶️ Back end and front end linking ✅

▶️ Presale $FUGU

▶️ Listing $FUGU token on PancakeSwap

▶️ Token distribution

▶️ Farms open up

▶️ Lots more (games, dex, use cases, rare NFTs, etc..)

Mary | Satoshi Club:

I see, thank you for sharing 👍 a lot of things already done.

And I hope it’s just the beginning!

Fugu Head Chef:

Yup, it is Mary.

Mary | Satoshi Club:

And we are close to the beginning of the live part now 😉

Fugu Head Chef:

I told you, we are here for the long term.

Mary | Satoshi Club:

I Hope Fugu Chef won’t be scared of the little storm? 😂 Of questions Right?

Fugu Head Chef:

I embrace storms, that’s when the magic happens. I just hope everyone joins @fuguswap first.

Mary | Satoshi Club:

It’s required 😉

Gold Rocket | Satoshi Club:

Join Satoshi Clubbers🚀

Mary | Satoshi Club:

Let’s go 🚀

PART 2.Questions about the FuguSwap
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 FuguSwap 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 @biggdata

Is the community an important stakeholder in the Fuguswap project? How is your connection with the community?

Fugu Head Chef:

1) Community is everything in the Fuguswap protocol, all major decisions will be either made or approved by the community!

Q – 2 from a telegram user @BJosefina61

What are the main advantages of FuguSwap as a protocol than with Pancakeswap, is there something that investors should look closely at? 

Fugu Head Chef:

Pancakeswap keeps printing tokens to the infinity, and their deflationary mechanism is inefficient and almost useless.
Fuguswap will give power back to the liquidity providers by punishing dumpers and traders and rewarding liquidity providers with the amazing features we have created !!

Q – 3 from a telegram user @topind7

Can you tell us how Fuguswap project is different, unique, and better to other farming protocols, why should we choose Fuguswap from among other farming protocols, any unique features?

Fugu Head Chef:

Other than the fees mechanics that allow Fuguswap and its native token fugu to flourish Fuguswap team is focussing on building many products that BSC net and crypto in general lack, the more products Fuguswap has the more value Fuguswap protocol and its liquidity providers will have

Q – 4 from a telegram user @Guandog

s KYC or any identification required to participate in the presale or is it free for anyone in the world?

Fugu Head Chef:

No in the public sale everyone will be able to participate

Q – 5 from a telegram user @K2ice

Can you give us a hint on the kind of games that will be hosted on FuguSwap and if the platform’s Dev team will be building games for themselves?

Fugu Head Chef:

We want to build simple and addictive games, old-style, minimalist but very fun to play and almost addictive.
players will be able to bet their tokens and choose different levels of difficulty if the players win he takes a $ of their bet based on the difficulty of the games, if he loses most of his tokens will be burned!!

Q – 6 from a telegram user @tuvalunia

What are the most important advantages of FuguSwap over the existing ones?

Fugu Head Chef:

Truly owned by the community, many deflationary mechanics that will ensure Fuguswap existence in the years to come, very competent and hard-working team who know what’s best for the project, ability to think of and create products current Defi space lacks, and much much more my friend!

Q – 7 from a telegram user @JoxesXIII

Why do you consider the Fuguswap protocol to be the only self-sustaining yield farming protocol?

Fugu Head Chef:

Because most other protocols create an ecosystem that is ultimately meant to collapse, they fuel people’s greed with insanely high APYs and the promise to of fast unbelievable gains. Fuguswap is different as it creates value outside of its farming ecosystem by building any important and rare products that users will pay to use and while being free to use for Fuguswap liquidity providers.

Q – 8 from a telegram user @Korryl

My opinion Fuseswap project is a great and solid project, how do I possibly do investment with Fuseswap? is there any guide or step by step to do on your platform?

Fugu Head Chef:

Thanks for your question,
our ultimate goal is to bring defi and its products to the masses, and we know defi is pretty unknown to the avarage Joe, that’s why one of our products will be a DeFi School where people can learn about defi, yield farming, liquidity pools, IL, etc etc

Q – 9 from a telegram user @highpee

Half of the fund that will be generated through presale will be used to provide LIQUIDITY in Pancakeswap. For how long will the liquidity be LOCKED in order for investors to be sure you will stay for a longer period and what will you do with the remaining fund from presale?

Fugu Head Chef:

Hey man,
Liquidity pair tokens will be all burned ensuring liquidity can never be pulled off Hence any rugs.

Q -10 from a telegram user @Arisabela

The FuguSwap team ensures that the platform is 100% bug-free with a 0% chance of errors, how can the community corroborate that? do you have a program for Bug Hunters?

Fugu Head Chef:

Feel free to join the chat and ask those their guys
@fuguswap

Fugu Head Chef:

I’ll make sure $FUGU is special for special investors like satoshi clubbers !!

Part 3 – Quiz about project

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

Telegram group  |  Telegram Chanel  |  Tweeter  |  Website  |  Medium  | GitHubAudit

BogTools x Satoshi Club AMA Recap from 18th of March

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from BogTools.

BogTools is a BEP-20 smart contract that provides decentralized on-chain oracles and code execution on the BSC blockchain. The AMA took place on March 18 and our guests were @LukeBogTools (Co-founder, lead Business Development and Marketing) and @JohnBogTools (Co-founder and Lead Developer).

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


PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Gold Rocket | Satoshi Club: Good evening, dear community! We conclude our today’s exciting AMA marathon series with BogTools. Today our guests are @LukeBogTools and @JohnBogTools!

John BogTools.io: Hello everyone

Luke: Hi everyone, really excited to be doing our first AMA for the BogTools Project!

Andrés M. | Satoshi Club: Well guys, to begin the AMA please tell us a short introduction about you and about BogTools project.

John BogTools.io: BSC at the moment is a very untapped market and our project, BogTools, hopes to capitalize on this and provide infrastructure and utility that is currently not about on BSC. We launched a Verifiable Randomness Oracle on Monday which we hope to see Casino & Lottery projects start to build on, we also have Pancakeswap limit orders upcoming and will be working on more oracles in the future.

Luke: So our token $BOG is a utility token which makes all the BogTools we’re working on possible. It’s quite hard to explain everyone in granular detail, but we’ll do our best in the AMA questions :). I’ll take a second to introduce myself. My name is Luke Martinez; I’ve actually been involved in crypto since I was a teenager all the way back in 2011. I bought my first bitcoin in 2011-12 (I don’t remember exactly) for about $160 and sold it for $800. What I thought was a great amount at the time. Since then I have been extremely interested in crypto, I was involved in the Peercoin community — back when Proof of Stake was actually just a concept created by Sunny King — an anonymous developer just like Satoshi Nakamoto.

Since then I’ve obviously studied Marketing and built my own marketing business from scratch over the past 7 or so years. You can find me on Linked-in for more info about that. Nowadays I’m co-founder here at BogTools! We’re super excited for what we’ve delivered already, and what we’re set to deliver in the future on our roadmap.

So I lead Business Development and Marketing here, while John is our Lead Developer. But that doesn’t stop me from getting my hands dirty from time to time in the code. 🙂

Andrés M. | Satoshi Club: What benefits $BOG provides to holders?

John BogTools.io: So we will be charging for use of our utilities in $BOG which will be redistributed in part to our liquidity providers and stakers. We also expect to see a rise in demand for $BOG as projects need to buy up large amounts to fund their use of our infrastructure.

Gold Rocket | Satoshi Club: Great experience friends!Can you tell us all more about the project, the idea, how it started? And especially why is it needed?

Luke: So BogTools started by us noticing there were quite a lot of things missing on the BSC blockchain when it came to developing our BogARG. And the solutions that do exist are clunky and not particularly developer friendly. Each tool we are developing is to fit a particular usecase, for example BogRNG is a verifiably random number generator for BSC. Binance Smart Chain doesn’t currently have any easy to use verifiably random number generators — this is because you can’t generate real random numbers on chain that are secure from attack, due to the fact that all nodes must be able to agree on the outcome of code, so they can’t agree on randomness — as randomness leads to different outcomes. We’ve solved this with a clever solution, that we’ve released as BogRNG.

BogRNG is live and available now, the docs are available on our website for any project to implement it.

John BogTools.io: We are also offering free random numbers from our Oracle to developers who want to adopt our infrastructure early on, instead of charging the normal fee, any developers feel free to contact me about this as the market for RNG applications on BSC is fairly untapped right now and we would love to see some interesting projects popping up that use our infrastructure.

Gold Rocket | Satoshi Club: Thanks for the great intro! ready to go to community questions or would you like to add something else?

Luke: Just one more thing that I’d love to add. BogTools is a suite of tools, and we’re going down our roadmap to implement each piece of our vision. We’re excited to announce the release date of our next BogTool product.

This product will require a small amount of $BOG to use, and I think will really excite all the readers here — especially those familiar with pancakeswap. I’ll let John continue…

John BogTools.io: People who have been keeping up with our project will probably be familiar with our roadmap, we were planning on working on our Sminem NFT’s next however I am happy to announce we will be reprioritising to focus on launching Pancakeswap Limit Orders. We will be launching these for a select few token pairs on April 2nd with more pairs releasing in the weeks following.

Luke: This means that you will be able to place orders for select tokens on our platform, utilising pancakeswaps liquidity, and have them filled when the price reaches the set price. True limit orders on Pancakeswap coming April 2nd. The only reason we’re not launching this for all pairs to begin with, is so that we can cope with the demand and scale over time. 🙂

John BogTools.io: We will be working on Stop Losses & Take Profit orders after we launch the Limit Orders.

Q1 from Telegram User @h1drX

BogTools NFTs use drop-down bogtools to execute potential gamification contracts and other features that produce use value. Can you explain to me what this means? What are the different cases in which I can use the NFT’s?

Luke: We’re building the BogARG which includes all the gamification and NFTs to both provide value for our community and help foster our positive community. The ARG is very community focused, and we’re happy to continue developing that in the way the community wants us to. We want to reward people who are involved in the project in an exciting way, and we think that creating unique NFTs and other features that are yet to be announced is the way to do this. It also serves as a tech demo for a lot of the other BogTools tech.

The ARG has a function within the BogTools ecosystem by encouraging $BOG transactions which power a portion of the BogTools tech.

John BogTools.io: We have lots of ideas on how we could expand this and are always happy to take community feedback on it as well.

Andrés M. | Satoshi Club: Why ARG?

Luke: ARG stands for Alternate Reality Game. So we have some really cool ideas of how we can hide secrets, puzzles, etc in the code of the tools, websites and other places 👀 to unlock NFTs, Rewards and other things for clever community members. (This isn’t released yet, but there are some secrets around…) There’s a bunch more coming for the BogARG which we are so excited for, but for now our main focus is the Limit Orders — once these are released, we’ll return to implement a lot of the cool stuff we want to do in the ARG.

Andrés M. | Satoshi Club: So that is part of the tokenomics of the project? what quantity of tokens will be for community rewards?

Luke: The $BOG token itself don’t have a specific amount set aside for community rewards and things like that. We want to drive value mainly within the NFTs and the exclusivity of the $BOG NFTs. The Tokenomics of BOG current redistribute a 4.5% transaction fee to LP stakers. However, this will be removed soon once the Bog Limit Orders start returning their fees to LP stakers — creating a really nice incentive for people to stake their LP tokens.

Gold Rocket | Satoshi Club: Look forward to! Give us hints.

Luke: We’ll drop hints when the puzzle part of the ARG is ready for people to start playing. Expect an empty text box that wants an answer ;). But at the moment, the main focus of the project is getting the limit orders live. The ARG will be a nice fun part of the project we’re excited to start working on again after this.

Q2 from Telegram User @kosku21

I read that the bogtools roadmap is flexible, so how do we do if we want to expose important ideas to this project to improve the ecosystem? at the same time I want to know how to be part of this team in creating different types of dapps?

John BogTools.io: Me and Luke are always both active in Telegram and respond to everyone who @’s us or DM’s us. We also have channels in our Discord dedicated to development. We have taken on a few community members now as contracted members of the team to work on specific parts of the project, they just expressed interest when we announced our interest in a dev with a specific skill – so keep an eye out on telegram and discord. If you are interested on building on our infrastructure, then we have information available on our docs & I’m always happy to help out anyone trying to use our tech if they get in contact.

Luke: Yeah our goal is to always be super responsive. If you have ideas for bogtools that can expand on our tech, we’d be super keen to hear them. We have a dedicated #Ideas Channel in our discord. I believe the stuff on our roadmap is really only the beginning for BogTools.

You can join our telegram https://t.me/bogtools

You can join us on Discord https://discord.gg/bogtools

And finally give us a wave on Twitter https://twitter.com/bogtools

Andrés M. | Satoshi Club: And is there rewards for adopted ideas for the community members?

Luke: We don’t have a fixed bounty yet, but we are always looking at rewarding our community members for making, building and coming up with new things. We’ve paid out several thousand $bog as rewards for various things so far.

Q3 from Telegram User @meml97

I read on your twitter page that on March 11, you experienced a short DDOS attack earlier that day, but you were able to successfully mitigate it within about 15 minutes. Can you tell us more about this attack? What happened? What security measures have you take since that day to make sure this won’t happen again and to give the security your users need to be able to completely trust BogTools? Have you been audit before or have plans on doing so?

Luke: So unfortunately there are bad actors in the crypto space. Almost everyone here has received a scammers telegram message. The types of scams that target projects are a bit more sophisticated. A DDOS is when someone sends so many requests to your website, that it is unable to keep up and ends up dropping requests. Making it essentially unreachable.  This DDOS was an extortion attempt at getting some Ethereum from the team.

We don’t negotiate with people like that, so we worked hard — under quite a quick window as we had our voice AMA scheduled for 20 minutes later — to mitigate the attack by blocking the malicious traffic. Attacks like this aren’t special, they’re just floods of traffic. Funds are never at risk in anything like this, it was just an attempt at making the site go down, to scare people who hold the coin.

As I have 8 years of experience in Digital Marketing, I’ve seen these types of attacks before and have mitigated them before. So we were able to get it sorted quickly, return the site to normal service in about 15 minutes, and have our discord voice AMA start on time.

John BogTools.io: All our features are almost entirely programmed on-chain, this means that even if we do suffer an attack to our website it will not affect your $BOG, any BogTools, etc. You are always able to interact with the blockchain via BscScan or your own node – DDOS attacks will never be able to affect your data or tokens. We plan on getting audits for all our contracts in the future, we will be looking to get the limit orders contracts audited first once they are out so that users are confident using this feature.

Q4 from Telegram User @Gutike95

You mention that with BogTools it will be possible to facilitate and simplify the services in the BSC dApps, but what is it really that makes oracles services simplify and facilitate? And by simplifying them, can the rest of the existing problems in the oracles be solved?

Luke: With oracles we aim to make it simple for developers to implement our tech into their dApps, but our tech itself doesn’t need to be simple neither do the dApps that developers build with our oracles need to be simple either.

John BogTools.io: Oracles are also only a small part of what we plan on doing, there are a lot of great oracle products out there for more complex problems, our goal is to offer easy to implement oracles along with the rest of our suite of utilities.

Andrés M. | Satoshi Club: What kind of tech BogTools uses? I mean Pow, PoS. And why did you choose that tech?

John BogTools.io: The oracles we provide will be for on-chain data, such as historical prices for pancakeswap token pairs. This doesn’t require the same proofs and technology that external oracle data requires. ChainLink has some great tech for getting gas and oil price data for example, but who on BSC needs something like that right now? They also use this same external technology for providing prices despite those prices being on-chain already. Because all the data is gathered on-chain using the transaction hooks built into the BOG contract our data is reliable and does not have to be verified as no external off-chain sources are able to modify it.

Luke: As long as you trust the BSC chain, and our contract (all of which are public), you trust the data outputs. So there’s no need for additional PoW or PoS. You can see some of our live data directly from our oracles here: https://bogtools.io/feeds/

Andrés M. | Satoshi Club: Thank you so much for these clear questions, I think our community is realizing the main aims of BogTools and the benefits it provides to the cryptomarket, you have a strong project guys, with great fundamentals.

John BogTools.io: Thank you hopefully as more people use the infrastructure we are putting out the entire BSC ecosystem can start benefitting from it.

Luke: And yeah, just a reminder if you’re a developer interested on building on our technology. We will be launching bounties to get you started, so don’t hesitate to reach out.

Q5 from Telegram User @JuanSB07

Are the fees at BogTools really low and regulated? Wouldn’t the gas you use to maintain your BogTool implementation + an additional percentage (%) be costly to offset the ecosystem and the BogTool developers? What exactly are the compensation percentages?

John BogTools.io: BSC is cheap, much more so than Ethereum and whilst we have written some complex smart contracts we do agree with CZ’s goals of keeping gas prices cheap. We will be pegging our fees to set fiat amounts instead of using set token amounts that other projects do, such as Chainlink, that don’t take into account the increase in token price. Uniswap transfers can cost up to $150, our limit orders won’t even cost 5% of that.

Keeping fees cheap is definitely something that we are focusing on as we know this is one of the key selling points for people moving to BSC.

Luke: It’s absolutely BSC that allows us to do things affordably on chain and deploy this kind of technology.

Q6 from Telegram User @yellowchamp

Bogstools just recently launched price oracles for four key pairs $BNB, $ETH, $CAKE and $BOG. Not only are they updated live on your new site, but we can integrate them into project in seconds and it’s free forever. So how this integration works? What is the use of integrating? Aside from those four pairs, do you plan to add other pairs or tokens in the future? If yes, what would it be? Thank you.

Luke: Yes, we’ll be distributing gas refund tokens to people who make transactions, which can be redeemed for almost all, or all, the costs of making the transaction. We don’t expect transactions on $BOG to go above a dollar though — we’re aiming for under 60c total, so these refund tokens are just to compensate for the difference between our transaction fees and a normal tokens transaction fees.

We also have working implementations of the price oracles both on our telegram, which you can use by typing /price, on the price feeds page and also on bogged.finance with the historical charting.

John BogTools.io: We have docs available on our website for developers to use to integrate – they can be used by other smart contracts or via web3 for off-chain access, we also welcome any questions from developers in telegram/discord who are looking to use our infrastructure. We will need to deploy more oracles to use for stop losses and arbitrage so we will definitely be deploying more in the future.


PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

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

Q1 from Telegram User @atillayeni

What is bogtools exactly? Are you building a gaming platform or a decentralized finance platform?

Luke: We are a set of tools for both users and developers. Just like how Pancakeswap is a trading platform, farming platform, NFT platform and potentially more in the future. We’re a platform that houses a whole lot of interconnected tools/projects, all powered by the $BOG token. BogRNG, BogOracles and BogARG as well as the Limit Orders are just the start.

Q2 from Telegram User @cryptofollower

You said oracles you provide will be on-chain but the randomness can’t be on-chain as is will require all nodes must be able to agree on randomness so you use oracles for this. What security measurements do you have for your customers who are using your randomness oracles from the attackers who might want to intercept the random number and alter it?

John BogTools.io: You are right, our price oracles are on chain whereas our randomness oracle is partially off-chain. A hash is provided on-chain that the users can compare with the number they receive to ensure it was not modified based on their request (this is the verifiable part). We have written up a security considerations section in our documentation that developers can use to ensure their dApps cannot’ be manipulated by malicious miners even if they are able to intercept the random number.

Q3 from Telegram User @ltrlst

In limit orders, do you just give BogTools an allowance to buy with tokens from your wallet balance or do you have to send the money to the contract in advance?

John BogTools.io: You will be required to send the contract your tokens in advance, this is to ensure that limit orders will not fail (therefore wasting gas) due to users no longer having the tokens. For this reason, we will be looking into getting the limit orders contracts audited as soon as we can after launch so that you are confident using them.

Q4 from Telegram User @MihaiPisica

I have seen many projects starts with really good promises but when there is low income on presale they abandon the project. How can I be sure this won’t happen with your project?

Luke: We’ve already raised funds through a Fair Launch. We have enough funds to continue developing the project for the foreseeable future, it is not a concern for us at all. Well before we deplete those funds, our business model is to be sustained by taking a small portion the fees that developers and users pay to use BogTools.  For Example: Every time you place a limit order, the majority will go towards paying the gas costs, a portion will go to stakers of LP, and a smaller portion will go to us to fund the continued development and expansion of BogTools.

Q5 from Telegram User @Antoni_azx

In one of your docs it’s written that you’re offering free credit to early adopters of your Oracle, maybe some investors will be particularly called about this offer, can you provide more details about it?

John BogTools.io: Normally the oracles would cost $BOG to use, for example we plan on charging $1 in BOG to use the random oracle (as oppose to Chainlinks ~$3). We are however offering free credit to developers who adopt our oracles early on as we are keen to get people developing on our infrastructure and launching interesting products on the BSC ecosystem.

Q6 from Telegram User @highpee

Your current priority now is to launch Pancakeswap LIMIT ORDERS which will be awesome. What are the token pairs you will be providing for trading after launching and will you be adding more? Also, will users be able to also create a custom trading pair as soon after this is live or will trading be limited to the asset pairs you will be providing?

Luke: We will first be launching the ETH/BNB, BUSD/BNB, CAKE/BNB and of course, BOG/BNB pairs on our platform. We’re only limiting it initially so we can monitor performance to begin with, we will then be expanding it further with the ultimate goal to allow any token to be traded on our platform. As for custom pairs, they will be last, but it shouldn’t actually be too long. We hope to have every pair tradable within a month.

Q7 from Telegram User @Raisbelys

They say that currently, the token charges a 4.5% fee on transactions to reward liquidity providers. But this is not a really high percentage (%) for users? Don’t they consider that the percentage given to liquidity providers is a lot?

John BogTools.io: They will likely change their mind once they start providing liquidity themselves ;). The medium-long term goal anyway is to reduce these fees to zero and fully compensate the liquidity providers with the fees earnt from oracles and limit orders.

Q8 from Telegram User @wonderkit

How does Bog compete with the many new and existing projects in the Binance smart chain and does Bog have a potential partner who will support Bog?

Luke: We are uniquely positioned as we don’t have any direct competitors. For Pancakeswap Limit orders, we aren’t currently aware of any competitors implementing Pancakeswap Limit Orders. For Oracles, the competitors in the space are Berry and Chainlink. We do not view Berry as a long-term competitor, as it is a simple fork of tellor, with no apparent prospects for future development. Chainlink is likely our actual competitor in this space, however we’re agile and able to deploy more modern solutions to compete with them in this space. As far as we’re aware, Chainlink’s Randomness Oracle is not yet available on BSC, so we are the first mover in this space with ours, which is LIVE now.

Q9 from Telegram User @Gutike95

You mention that “All people who carry out transactions in BOG will be entitled to gas reimbursement tokens”, but could you really tell us how much% of gas would you reimburse? or will it be the full amount?

John BogTools.io: We plan on refunding any gas that is used by transaction hooks to provide oracle data, etc. The effect of this is that while the BOG transactions may be slightly costlier gas-wise than standard tokens you will earn gas refunds equal to the extra gas cost of a BOG transaction compared to a normal transaction.

Q10 from Telegram User @Boylut

Asides Pancake swap, do you plan launching your products on other swaps too such as Julswap and the likes?

Luke: Yes, our long term roadmap includes launching on other swap platforms on BSC, and even adding automatic cross-platform arbitrage down the line. But we’ll definitely have to talk more about that, when it’s closer to being launched. 🙂


PART 3, QUIZ AND INFO

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

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

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

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

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

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

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

$BOG – BogTools & ARG Official Discussion Group: https://t.me/bogtools

Raze Network x Satoshi Club AMA Recap from 21st of March

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 Raze Network and our guest was Justin Kellison who is leading the marketing front of Raze Network. The AMA took place on 21st March.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

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

Part 1 — introduction and questions from the Telegram community

Andrés M. | Satoshi Club: Hello dear community, we are excited to be here with the first AMA of the day 😃

Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers!

We are pleased to announce our AMA with Raze Network

Today our guest is @JustinK2!

Andrés M. | Satoshi Club: @JustinK2 welcome to Satoshi club

Justin – RAZE Network | (Won’t DM Anyone First): Hey guys,

Pleasure to be here! 👋

Serg | Satoshi Club: 👍

Andrés M. | Satoshi Club: How is going your weekend?

Justin – RAZE Network | (Won’t DM Anyone First): It’s going great,

Looking forward to a great AMA with Satoshi Club members too! 😊

Gold Rocket | Satoshi Club: We’d also love to hear something new today!😁

Therefore, we expect from you interesting facts about Raze Network.😉

Justin – RAZE Network | (Won’t DM Anyone First): All up for it. Let’s go!!

Gold Rocket | Satoshi Club: But first, tell us a little about yourself

How did you get to be involved in crypto & Raze Network?

Justin – RAZE Network | (Won’t DM Anyone First): Sure.

I am Justin Kellison. I have been a contributor in the crypto industry for around 4 years now, and have worked with few multi-million dollar DeFi projects. I have mostly worked on the marketing front and have created exposure and content for the projects I have managed.

Through my network i got in touch with Raze Network and its team, and we both liked each other’s work and thus i was onboarded in RAZE team.

Lucky to be a part of this great journey!

I will be leading the marketing front, and my focus here will be on growing and strengthening the RAZE community, and create ELI5 content for them. The one most asked for.

Andrés M. | Satoshi Club: And please, tell us a little introduction about Raze network

Justin – RAZE Network | (Won’t DM Anyone First): Sure

So Raze Network is a second-layer protocol that will provide cross-chain payment privacy for the entire DeFi stack of the Polkadot ecosystem.

Since the Zether framework we use was designed to support the Ethereum account model, the Raze contract will support both tokens issued in the Polkadot ecosystem such as DOT & Kusama as well as ERC-20 cross-chain private payment.

Through our RAZEVM integration, we will be able to connect to any DeFi or Web3.0 product, and then mint privacy tokens in 1:1 ratio.

By using zero-knowledge algorithms, the identities of involved parties, balance and transaction amount will be hidden, thus protecting privacy to the fullest extend.

Gold Rocket | Satoshi Club: This is a very interesting feature!

Is it true that you are compatible with all blockchain ecosystems?

How did you achieve this? All the same, this is due to compatibility, gas prices, etc.

Justin – RAZE Network | (Won’t DM Anyone First): Our product is EVM-compatible.

So not only Polkadot, but you will be able to connect to dApps built on Ethereum (for example Uniswap, Aave, Compound etc) and use their services in a completely anonymised manner.

Plus we will also be working on cross-chain bridges in future, which will map other chain tokens on Polkadot.

Thus increasing Polkadot ecosystem liquidity and giving access to Polkadot DeFi ecosystem too.

Gold Rocket | Satoshi Club: It’s amazing

Andrés M. | Satoshi Club: Could you explain more about the end-to-end anonimity, how Raze network provides it?

Justin – RAZE Network | (Won’t DM Anyone First): For this, we will be implementing zkSNARKs algorithms.

zkSNARKs/Zero-Knowledger proof technology comes with modules which helps in anonymising the transaction amount, balance, and also the identities of parties involved.

We will be implementing this tech in substrate smart-contracts to achieve this for Raze Network.

Gold Rocket | Satoshi Club: Thanks for your intro! Want something else to add? Or can we start with questions from community?😊

Justin – RAZE Network | (Won’t DM Anyone First): Lets jump in!

Q1 from Telegram User @yellowchamp

The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems, while protecting the transparency of your assets and behaviours from surveillance. So,how will your platform turn this objective into reality? In what time framework that this objective will be able to achieve and can be experience in the users of Raze Network? In connection with this, what kind of surveillance are you trying to mean that is being avoided in your network? Thank you

Justin – RAZE Network | (Won’t DM Anyone First): We will be using zkSNARKs algorithms and it’s modules to achieve this. Mainly Mint, Transfer and Redeem modules.

We are currently working on substrate smart contracts, but we expect our product launch by Q3 2021.

Our Roadmap: https://docs.raze.network/getting-started/roadmap

Any surveillance activity will be avoided if you use the Raze Network protocol.

Not all transactions are meant to be made public, and through RAZE such privacy can be maintained.

Andrés M. | Satoshi Club: Which is your main target reached until now?

Justin – RAZE Network | (Won’t DM Anyone First): Our Project was established in Q3 2020.

We have released our Whitepaper and are doing our fundraising round currently.

Developers are working on Substrate smart contracts, and will also open-source our code very soon (expected this month only).

Open-sourcing our code is another big milestone for us, as that should build trust amongst the community and the investors.

Gold Rocket | Satoshi Club: Q3 2020 pardon me😉

Justin – RAZE Network | (Won’t DM Anyone First): Right, my bad. 🤣

Andrés M. | Satoshi Club: “2021 Q2 – Liquidity Reward Program” What about this step in your roadmap, how it will works?

Justin – RAZE Network | (Won’t DM Anyone First): So a good portion of our reserves will be used to provide liquidity in pools.

In future we will be working on a cross-chain dex, which will work with the help of the cross-chain bridges as previously mentioned.

Most of this liquidity reserve will go as reward to these liquidity providers, but exact details are to be out in time on this.

Gold Rocket | Satoshi Club: Sounds good👍

Thanks for the clarification

Andrés M. | Satoshi Club: Wow, great option to attract users and increase liquidity

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

Andrés M. | Satoshi Club: 🥳

Justin – RAZE Network | (Won’t DM Anyone First): Yes indeed!

Q2 from Telegram User @lzamg

The three principal technical abilities of Raze Network are mint, redeem and transfer, but there are other two additional modules: lock and unlock. Can you explain what these two modules allow to do? How are these functions utilized by users when they are operating with Raze?

Justin – RAZE Network | (Won’t DM Anyone First): These modules are self-explanatory.

The lock module allows an account owner to lock the account while the unlock module allows the owner to unlock the account.

These modules are required to access all DeFi functionalities where locking/staking of funds is required.

The 5 modules together makes all transactions anonymous and also helps in accessing all DeFi services in an anonymous/untraceable manner.

Gold Rocket | Satoshi Club: thank you very much for the answer. I want to ask you about anonymous mining. How it works?

Andrés M. | Satoshi Club: @JustinK2 is there any approximated date for a public sale? are you preparing it?

Justin – RAZE Network | (Won’t DM Anyone First): As said recently, Raze Network will have it’s own liquidity pools.

These pools will be completely anonymous as zkSNARKs algorithms will be used, and the liquidity reward sent will be in RAZE token which will be anonymous in itself.

This process of earning tokens (in a completely anonymised manner) by providing liquidity is known as anonymous mining.

Public sale round will be our next and final round.

We are expecting this in early April, exact date to be announced once things are confirmed.

Andrés M. | Satoshi Club: Great news, we will be expecting for the official announcement 🥳

My friend, are you ready to proceed with the next question?

Gold Rocket | Satoshi Club: Wow! it’s very soon! 🚀

Justin – RAZE Network | (Won’t DM Anyone First): Yes lets go.

Q3 from Telegram User @konditer_rolex

On the website, you warn that Raze does not have an official public sale. Does it mean that it is not at the moment? Or it has never been? Can you tell us about the sources of funding for the project?

Andrés M. | Satoshi Club: Partially covered haha

Justin – RAZE Network | (Won’t DM Anyone First): Raze will have three fundraising rounds:

– Seed Round: Already ended.

Details of Seed round: https://raze-net.medium.com/raze-network-seed-round-fundraising-highlights-1deb31fa7c44?source=social.tw

– Private Round: Closed, details soon to be announced

– Public Round: Yet to take place.

We are expecting our Token Generation Event (TGE) in early April.

Exact details to be out. Stay tuned!

Gold Rocket | Satoshi Club: Great answer! Thanks!

Justin – RAZE Network | (Won’t DM Anyone First): Actually private sale round is also closed now.

We were more than 30X oversubscribed for our first two rounds.

Got great interest for it, but had to select only a few from those who shown interest.

Rest assured we have picked the best ones, who will help us in long-term success of Raze Network.

Gold Rocket | Satoshi Club: don’t even doubt 😁👍

Andrés M. | Satoshi Club: Great work, it seems that the community have shown a lot of interest in the project

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

Andrés M. | Satoshi Club: Btw, is there a whitelist for the coming public sale? or everybody can join?

Justin – RAZE Network | (Won’t DM Anyone First): Yes lets go

There will be a whitelist process, yes.

And anyone can join, as it will be a public round. 🙂

Andrés M. | Satoshi Club: Thank you, now let’s proceed

Q4 from Telegram User @h1drX

Each raze user can register a raze account any time (s) he wishes. The registration algorithm CreateAddress generates a secret key sk and the corresponding public key pk. Can you explain in detail what the public and private keys are for? How do they work?

Justin – RAZE Network | (Won’t DM Anyone First): They are from zkp algorithms under Zether framework.

The public key is the identifier of the Raze account, and private key gives access to the funds stored in that account.

It’s a bit technical, but we have covered it in detail in our “Technical Architecture” doc: https://docs.raze.network/getting-started/technical-architecture

Andrés M. | Satoshi Club: Have your contract been audit? are you in process to do that? it is a key feature to increase user trust

Justin – RAZE Network | (Won’t DM Anyone First): Yes we our in touch with Certik about this and have come to an agreement.

Certik will be auditing our code.

They are one of the most well-known audit firms out there, and we are happy to come to an agreement with them about this! 🙂

Gold Rocket | Satoshi Club: and we are very glad to hear that!😊

Thank! Do you want  to add something else? Or can we proceed to the next question?

Justin – RAZE Network | (Won’t DM Anyone First): Lets proceed. 😊

Andrés M. | Satoshi Club:  [ 🤗 Sticker ]

Q5 from Telegram User @AmirJosh

Raze Networks project establishment started Q3 of 2020 according to your roadmap. Are you already in the process of developing the technology for Raze before announcing the project or you just started it upon the introduction of the platform?

Justin – RAZE Network | (Won’t DM Anyone First): Currently we are working on our Substrate-based smart contract, which is using zk-SNARKs algorithms.

In future we will also be working on cross-chain bridges and a cross-chain AMM protocol.

Our next 3 near milestones are :

– Open-sourcing our code

– Token Economics Whitepaper Release

– Token Generation Event

We are expecting the first two to be out this month only, and TGE sometime in early April.

Partnerships and other awareness campaigns will also be announced as we go. 🙂

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

Andrés M. | Satoshi Club: We would like to know more about your Tokenomics, could you give us an advance of that “Token Economics Whitepaper”

Any easter egg as well 😁

Justin – RAZE Network | (Won’t DM Anyone First): For sure.

We are proud to collaborate with Satoshi Club on this front, and happy to work together to make Raze Network a success! 😊

Andrés M. | Satoshi Club: It’s an honor for us to work with you 😃

Justin – RAZE Network | (Won’t DM Anyone First): We are actually also working on a staking program, so that users who are not comfortable with Liquidity pools, or don’t understand it properly, can participate and earn rewards on their staked tokens.

This is something which we have internally discussed, but exact details will be out very soon! 😉

Gold Rocket | Satoshi Club: @JustinK2  We are confident that you are well-intentioned when creating your cross-chain private protocol. But didn’t you think that this could be used by the criminals?

to clear money?

Andrés M. | Satoshi Club:Money laundery right?

Gold Rocket | Satoshi Club: Yes…

Andrés M. | Satoshi Club: Good point

Justin – RAZE Network | (Won’t DM Anyone First): This is something which always comes in mind when someone says “privacy tokens”.

Privacy is a fundamental right, and if want crypto adoption then you can’t make all your transactions public.

Whether it is related to business or it is personal.

You won’t like competitors/others to see your sensitive transactions on blockchain, as it is public and anyone can put your address in explorer and see all your past in one go.

Obviously illegal activities are not recommended or encouraged, but protocols can be improved to deal with such situations.

We are still in experimental stage of crypto. We have a long journey yet to cover.

Moreover, fiat is even less secure when it comes to money-laundering. Blockchain is the future. But as said above, we will surely comply with the new regulations or tech which makes private transactions much more secure for such cases. Happy to work on that front!

Gold Rocket | Satoshi Club:thank you for your honest answer and your position. everything is clear to me. ready for the next question? 😊

Justin – RAZE Network | (Won’t DM Anyone First):Yes please!

Andrés M. | Satoshi Club: Completely agree with you about Fiat

Q6 from Telegram User @MihaiPisica

1. Reading on your Medium, I found out your MOTTO: ”If no privacy, then what is the point?”. I totally agree with you because in order to this, arguing that you don’t care about privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say. But my question is – to counter that, what’s the technical solution Raze Network aims to offer to the public in order to get the privacy dilemma solved? The closest product to the Raze Network of the Polkadot ecosystem is the Manta Network, which is a privacy-preserving DEX system, but in which way your proposal differs from theirs?

Andrés M. | Satoshi Club:A long one😅

Justin – RAZE Network | (Won’t DM Anyone First): Raze Network provides a protocol through which you can mint private tokens on another dApp, and use their services in a completely anonymised manner. Thus your privacy is completely protected and service desired is also fulfilled.

As we can connect to any dApp or Web3 product (whether on Polkadot or Ethereum), our target market is huge and scope is high.

We are not limited to just one product this way.

Plus Raze network does not use any trusted set-up usually used in projects implementing zkSNARKs technology, which is centralised and requires a trust-ceremony to occur.

Differences between Manta Network and Raze Network is also outlined in our docs here:

https://docs.raze.network/getting-started/ecosystem-fits

Andrés M. | Satoshi Club: @JustinK2 my friend thank you so much for this interesting first part of the AMA

Justin – RAZE Network | (Won’t DM Anyone First): It was my pleasure to answer these questions.

Also ready for the upcoming community round! 😊

Gold Rocket | Satoshi Club:@JustinK2 If you like, let’s dwell a little on your cross-chains. Or you can just share useful links and information before opening the chat😊

Andrés M. | Satoshi Club: The rain of questions😁, we will open the chat, please answer your 10 favorites questions

Justin – RAZE Network | (Won’t DM Anyone First): Yes please free to join Raze telegram community chat: @Raze_Net

Our admins will be happy to answer any question about RAZE, anytime! 😊🙌

Justin – RAZE Network | (Won’t DM Anyone First): Sure!!

Gold Rocket | Satoshi Club: Join Satoshi Clubbers🚀

Andrés M. | Satoshi Club: Satoshiclubbers let’s join 🥳

Part 2 — live questions from the Telegram community

Q1 from Telegram user @KeymerS

If the zkSNARKs are key to maintaining anonymity, provide the necessary information for data analysis, and also have technical skills such as Mint, Transfer and Redeem, do you really comply with them 100% or are there any deficiencies?

Justin – RAZE Network | (Won’t DM Anyone First): zkSNARKs is out there for years now, and being improved as we go.

Our devs have deep knowledge of zkSNARKs algorithms, and have already implemented it on Ethereum before.

We are pretty confident on it, but obviously we will get our code audited from Certik, one of the best audit firm,  to built more trust in our code.

Justin – RAZE Network | (Won’t DM Anyone First)

Q2 from Telegram user @astonroe

Is your product EVM-Compatible? Besides Polkadot will it be able to connect to DApps built on Ethereum? (For example Uniswap, Aave)?

Justin – RAZE Network | (Won’t DM Anyone First): That’s correct.

Connect to any dApp or Web3 app, whether built on Polkadot or Etheruem, and use their services in a comoletely anonymised manner.

Being EVM compatible greatly increases RAZE potential/targetted market.

Justin – RAZE Network | (Won’t DM Anyone First)

Q3 from Telegram user @swedishball

A question about suspended Twitter account. Did that affect your announcing plans or deadlines and how much time users should wait for Raze Network account coming back? Thanks 🙂

Justin – RAZE Network | (Won’t DM Anyone First): Yes, unfortunately.

We realized that many other twitter accounts were suspended for some reason, and we are waiting for ours to back online. Usually it takes 7 days.

We had to delay some good announcements, but now we are going with how it is.

But meanwhile for a backup, we have recently created another twitter account.

Please give it a follow: https://www.twitter.com/R4ZE_Network 🙂

Q4 from Telegram user @Guandog

How do you think this Raze system can benefit the expansion of DeFis and NFTs?

Justin – RAZE Network | (Won’t DM Anyone First): Good question about NFT.

Raze network operates in the DeFi ecosystem and can anonymise any transaction, thus will be very helpful for DeFi users if they don’t want to go through Cex wallets again and again to anonymize their identity if leaked.

Or if they don’t some sensitive transactions to be made public.

About the NFTs, as NFTs are created using smart contracts too, Raze Network can also anonymise any NFT transactions.

This is necessary for cases like buying tokenizing a real estate as an NFT. You won’t like people to see your newly bought home address for security and personal reasons.

Such transactions should be private and Raze Network can help in doing that.

Q5 from Telegram user @Pratze

Raze net’s team choose to being anonymous, but nowaday there are much anon project doing hit & run for scamming user with doing rugpull, could you please give the reason for being anon team ?

Justin – RAZE Network | (Won’t DM Anyone First): Though most of the team is anonymous because of potential regulatory issues, we have recently published some info in our website: https://raze.network/

Very well-known people have joined RAZE Network after doing their due-diligence, and will help in making RAZE Network a success.

We have also give some team background in our Web3 grant application: https://github.com/w3f/Open-Grants-Program/blob/d073858fdf067619e87fb2b4420420581b5cc6e2/applications/Raze_Network.md

Moreover, we will be open-sourcing our code this month only. So the community must trust the code rather than who is building it.

Ultimately it’s the code which makes a project secure and successful, and open-sourcing it should create confidence amongst the community!

Q6 from Telegram user @VillainCrypto

Great project you guys are building. I really am enthusiastic about what you guys are building, cause privacy is what we all need. I read you guys partnered up with OmniApp. Great partnership imo. Can you elaborate a little on this?

Justin – RAZE Network | (Won’t DM Anyone First): Our partnership with Omni is beneficial to both sides.

We will be able to provide Omni app users an opportunity to do private transactions from their app, while Raze network will get access to their growing ecosystem/userbase.

Privacy of user’s data is something which both projects consider very important, and this partnership will help in protecting privacy to another step!

https://link.medium.com/9TY3w2CDMeb

https://medium.com/omni-app/omni-announces-partnership-with-raze-network-aimed-to-empower-the-social-media-app-users-with-ea5e7d212dcf

Q7 from Telegram user @rockmorti

Why have you chosen Polkadot as your base platform and not make a totally independent blockchain?

Justin – RAZE Network | (Won’t DM Anyone First): Raze Network is built using Substrate, and connecting our product with Polkadot will give our users access to its emerging DeFi ecosystem and users.

Raze Network will in return provide an opportunity to them to anonymize their transactions.

Win-win for both.

Q8 from Telegram user @Amirjosh

Just wanna ask if $RAZE token has the feature of the mint privacy tokens when transfered?

Justin – RAZE Network | (Won’t DM Anyone First): During transfer, transfer module is used which uses “one out of many” algorithm to hide the identities of parties involved.

Once the task is done  just redeem the token back to its native form using the Redeem module.

Explained here: https://docs.raze.network/getting-started/technical-architecture

Q9 from Telegram user @asalas95

When I started researching your project, the term zkSNARKs immediately caught my attention. For those of us who have little time in this world of cryptocurrencies, could you explain exactly what this concept is and what advantages it offers to Raze Network in terms of security and anonymity? What prompted you to make use of this system?

Justin – RAZE Network | (Won’t DM Anyone First): zkSNARKs alogrithms can help in transfer of data for confirmation purposes, without revealing what the actual data is.

A range data is shared, and the other party confirms if it fits the criteria or not through it.

This is something which will be used in almost all areas in the world, as the world realises how important privacy is. Just a matter of time.

Q10  from Telegram user @amybrow

What is your plan to reach out global user? Do you have local Communities for those user who don’t understand English well?

Justin – RAZE Network | (Won’t DM Anyone First): Local communities can be creator in time, if there is enough demand for one.

Something which our ambassadors will take care of.

Our ambassador program is also to go live very soon, please keep an eye for that!

Part 3 – Quiz Results

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

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

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

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

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

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

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

Website: https://esatoshi.club/

Our partners:

Website: https://raze.network/

Wiki: https://docs.raze.network/

Twitter: https://www.twitter.com/R4ZE_Network/

Telegram: https://t.me/Raze_Net/

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

KickPad x Satoshi Club AMA Recap from 20th of March

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 KickPad and our guest was @Kickdev. The AMA took place on 20th March.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

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

Part 1 — introduction and questions from the Telegram community

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

Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers!

We are pleased to announce our AMA with KickPad😊

Today our guest is @Kickdev!

Kick Dev: Hi all, happy to be here.  Thanks for hosting us, and hello to all the listeners 💪🙏

Gold Rocket | Satoshi Club: Welcome to Satoshi Club @Kickdev!😊

Mary | Satoshi Club: Welcome here 👍 how’s going?

Kick Dev: Doing great, life is good.  What else can we say

Mary | Satoshi Club: We can say let’s start our AMA 🚀🚀🚀

Gold Rocket | Satoshi Club: Tell us a bit about yourself before we hear about  KickPad

How did you get to be involved in crypto &  KickPad?😊

Kick Dev: Great question to start with – I’ve been involved in crypto for years now, and as most I started out just trading tokens here and there.  I had a background in tech and development, so that’s what drew me in to the space.

KickPad got my attention during the early days of Uniswap (months ago).  The idea arose during all the “Bounce” presales that ended  up rugging and scamming many buyers out of their money

Mary | Satoshi Club: Do you have background in launchpads?😉 Or it’s you first experience?

Kick Dev: We thought “why not just make a presale platform that automatically locks liquidity”?  And that’s where it all began.

Mary | Satoshi Club: Wise decision 😀 we are so tired of rug pulls

Gold Rocket | Satoshi Club: Sounds like the beginning of a good story😁

Kick Dev: Yes, we have a strong group of partners and advisors we have been able to get on board.  We’ll slowly release these big names as we get closer to launch, but they have been able to bring in huge amounts of IDO and Launchpad knowledge.

Yeah, we never realized why there was no system that auto-locked the liquidity after a presale.  Now there is 🙂

Mary | Satoshi Club: It’s really cool! We will wait for that names 👍

So simple and so long time to understand what we need😀

Kick Dev: Orion is the first name we had released, but there are plenty of other strong supporters – we can’t wait to make the news public.

Mary | Satoshi Club: It’s really big name😉

So, how would you introduce KickPad in one sentence?😉

Kick Dev: Yes, they do bring us a lot of value.  Not only in name recognition, but a lot of technical partnerships and support.  They’re a great team to have on board.

Gold Rocket | Satoshi Club: Orion will soon come to our AMA 😍

Please tell us more about your team …

Mary | Satoshi Club: And we had them here before, so we know😉

Gold Rocket | Satoshi Club: Yes, these are our good friends and partners. 😊

Kick Dev: So Kick is an ecosystem of 2 parts.  Part 1 is our main focus:  the IDO Launchpad.  Part 2 is the open-source presale platform that locks liquidity.  We focus more on the IDO Launchpad because it is more involved and can bring a lot of value to the community.  The “rugproof presale” platform is just an extra bonus for everyone.

Mary | Satoshi Club: Very nice bonus i need to tell😀

Kick Dev: Our base team consists of a few developers who love creating cool things.

We have 4 marketing members who put together great content and engage with the community.

Our executive team focuses on securing partnerships and working with advisors.

The best part of our team is not actually our “immediate/base” team.  Instead, we are very proud to say that the real backbone of KickPad is the partners, advisors, and support base we have from them.

We will release a few partnerships each day leading up to launch.  We hope the community sees these and realizes just how much effort everyone has put in to make a superstar team.

Mary | Satoshi Club: Sure! Also, as i understand team is anonymous, right?

Gold Rocket | Satoshi Club: Thank you very much for your answers and your great intro! If you are ready we can start with questions from the community :)🚀

Kick Dev: We have kept things on the down-low for the past 2 weeks or so.  We did not want to release any information at all (about anything 😁) until this week.  Now begins the barrage of announcements, news, and press releases.

Mary | Satoshi Club: Gotcha! Thank you!😀

Kick Dev: Yes, our base team is anonymous, but is “known” in the community.  Our members have been involved in many projects in the past, in many different roles.

We want to make a distinction between “anonymous” and “degen/scam” teams.  I think our partnerships and the people that vouch for us make that distinction very clear.

Many great projects have been anon – think of BAO, Sushiswap, etc.  There is a lot of talent and quality work that legit anon teams can provide, if vetted properly and strictly.

Mary | Satoshi Club: You’re right, it really changes the mind

Kick Dev: Let’s do it!

Q1 from Telegram user @Pratze

I’ve heard similar project which also work for token lock and lock liquidity in DEFI, so can you explain what makes Kick Finance different with other lock project? Can you share to us what project that already collaborated with Kick Finance to lock their liquidity after presale?

Kick Dev: Great question.  Let me break this down into a few parts.

Mary | Satoshi Club: Sure👍

Kick Dev: Part 1:  Let’s remember that the main focus with KickPad is the IDO Launchpad that we are putting together.  KickPad holders will be guaranteed allocation to these quality IDO launch sales.  So most of our focus is on this part of the platform.

Part 2:  The KickDex (presales with auto liquidity locking) is a secondary part of our ecosystem, which is open to everyone.

Part 3:  The current projects that “lock tokens” and “lock liquidity” may lock up team tokens, or lock up liquidity tokens AFTER the presale is finished and ONLY IF the team wants to lock it.

Our platform does this automatically – so the team has no ability to run away with the liquidity tokens or sale funds (unless they do it another way)

Mary | Satoshi Club: Will non KickPad holders be available to get allocation?

Kick Dev: Imagine this:

With the current presale process, you basically pay someone your BNB or  ETH, and you HOPE AND PRAY that they will lock the liquidity.  Your funds are at risk.

With the KickDex, the funds automatically go onto Pancakeswap and are locked as liquidity, so that liquidity is guaranteed to be added and locked.

Mary | Satoshi Club: Hope and pray😂😂😂 you describe situation as it is

Kick Dev: There was a statistic we read where over 80% of all presales ended up as rugpulls.  That is a ridiculous number!  We aim to reduce that.

Why would you do a presale on any other platform, where you can rugpull?  Just use Kick and re-assure everyone.  That’s the narrative we like.

Gold Rocket | Satoshi Club: you have good motives

Kick Dev:I think it will be good to discuss the IDO Platform now.  Since it is our main focus.

Gold Rocket | Satoshi Club: Indeed 😊

Mary | Satoshi Club: Ok😀

Kick Dev: For the IDO Launchpad, the sales are broken up in 2 parts:

-A private sale (higher tier)

-A public sale (lower tier)

Everyone who stakes over X tokens will be guaranteed allocation in the private sale.

Everyone who holds over X tokens will be guaranteed allocation in the public sale.

We hate the idea of “lottery system” for getting into IDO presales.  It is abused, cheated, and people put their own wallets as lottery winners. It is not transparent at all!

With KickPad, you are 100% guaranteed a spot.  Each and every time.

Gold Rocket | Satoshi Club: Sounds great 👍

Kick Dev: This goes back to our idea of “transparency and fairness”.

Mary | Satoshi Club: But holding tokens is required, without them no chances, right?

Kick Dev: Correct.  The utility of the KickPad tokens is that you must hold or stake it in order to get into the IDO sales.

No tokens, no allocation.

Mary | Satoshi Club: Thank you, it’s clear 👍

But it’s honest for your users😀

Thank you for your answers! Ready to proceed?😀

Kick Dev: Let’s do it

Q2 from Telegram user @Korry

l Can you describe about how much fee that Kick finance will charge from a project who want to use your service ? And beside fee from lock liquidity, is there any other feature that can generate revenue for maintain Kick Finance project?

Kick Dev: Good question.  The IDO Launchpad currently does not take a fee or commission of the sales.  The open-source “rugproof presale” platform does take a 1% fee from the seller.  Other than that, nothing.  Even the liquidity locking is free and fee-less, unlike *other* platforms out there.

Mary | Satoshi Club: Not so much😀

What about projects? Did you already find first which will make sale on your platform?

Kick Dev: This is the part that we are most exited for.  We have 3 HUGE projects lined up and ready to launch though the IDO Lanchpad.

Mary | Satoshi Club: Wow! I want to hear this news 😉

Btw, what are the requirements for projects?

Kick Dev: We do not want to release the exact details yet, however, since it is better for our marketing to keep the information on the down-low.  Our partners and advisors have been informed of the projects, but we will release all to the public within the next few days.

Mary | Satoshi Club: Oh, this marketing teams, they always have secrets😭

Kick Dev: Let’s just say one of the projects basically has its own “brain”.  The second is “fun to play”.   The third is “very rare and collectible”.

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

We are intrigued😁

Mary | Satoshi Club: It’s a hint😂

Kick Dev: That’s all we will say for now.  But as we all know, an IDO Launchpad is only as good as the projects that launch through it.  And based on these first 3 we have lined up, we feel very good.

Now that we’ve covered the first 3 projects we have ready to launch, let’s talk a bit about how we “vet” and “select” our IDO projects.

Mary | Satoshi Club: We are patiently waiting 😂

👍

Kick Dev: The process is strict.  It is stringent.  And it is aimed at transparency.

Teams will have to:

-Complete 2 audits

-Pass a preliminary manual overview

-Pass an interview

-Make all code public

-Pass through a committee overview process

Failure in any of the above stages will disqualify any team from our IDO.

Mary | Satoshi Club: Really strict rules, to be honest, i like them😀

Who will be the Head of committee?😉

I think no one scammer will pass this and then lock liquidity, they won’t have any sense to launch on your platform 😀

Kick Dev: Our committee currently consists of our core dev team, 3 of our trusted advisors, 2 of our strategic partners.  We will later add functionality where top-holders of KickPad token will also be added to the committee.

Mary | Satoshi Club: Nice structure!

Kick Dev: It is important to note that there is always inherent risk in crypto.  People are creative in how they scam or abandon projects.  All we can do is do our best to minimize the chances.  And we are trying hard.

Mary | Satoshi Club: There is no insurance from abandoned projects 🤷

Kick Dev: Another thing I want to add on this “selection” process is that there are 2 parts of this:

-Technical selection

-Economic selection

Our team will focus a lot also on selecting projects that have strong business-case and good tokenomics for success.  Many projects fail, not because they are bad technically, but fail because their tokenomics are not favorable for success.

Kick Dev: We know that strong tokenomics and marketing can help projects have even better success.  Therefore that is one of the biggest things our committee will look for.

Mary | Satoshi Club: That’s right. A big work should be done👍

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

Kick Dev: Absolutely.

Q3 from Telegram user @MihaiPisica

 Investing in small caps is risky by nature, but you have to consider the potential reward which is enormous. Your private and I thought it would launch on an exchange after the private sale but there is another exclusive presale before that? So the main question is – how will we likely buy Kickpad? Will Kickpad Ido be held on Duckstarter or something similar? Or will you do your IDO on a Launchpad with those lottery systems?

Kick Dev: So, I think after this question we can address some speculation about a partnership with DuckDAO.  We won’t say anything here, but I would advise everyone to keep a look out for announcements in the next hour.  Maybe some news will come out.  😏

With that said, here is a direct answer to the “how can I buy KickPad”:

We will have a whitelist event starting tomorrow.

The whitelist event will be posted in our TG channel as well as our social medias.  Winners of this whitelist will get early access to purchase KickPad token.

Mary | Satoshi Club: Oh, one hour to wait😀

Kick Dev: After the whitelist sale is done, we will sell another portion of tokens, which will be open to the public (free to anyone). 

Both of these sales will be on our site.

Mary | Satoshi Club: Thank you! Everything is clear for me😀 we just need to wait!

A bit

Kick Dev: Yes, so the process will go:

-Apply for whitelist

-Whitelist Sale

-Public Sale

-Then token added to Pancakeswap

Mary | Satoshi Club: Which timeframe do you have to finish everything?

Kick Dev: The whitelist event will run for 3-4 days.  After that, the sale begins.

Mary | Satoshi Club: And public sale will be immediately after whitelist sale?

Kick Dev: Yes correct.

Mary | Satoshi Club: Ok! Thanks! Ready to jump to the next question? P.s. and good luck for everyone who wants to be whitelisted 👏

Kick Dev: Ready for sure

Q4 from Telegram user @AmirJosh

 KICK is a presale platform for Binance Smart Chain that automatically locks liquidity after a sale finishes. What if the IDO failed to reached the projects soft cap or hardcap? What will happened if the sales turnout is way behind the clients expectations?

Kick Dev:That’s a great technical question.  Basically he is asking “what happens to our money if the sale doesn’t finish?  Do we lose our funds?”

Short answer is:  You will be just fine, and funds will be returned to everyone if sale does not fill.

Mary | Satoshi Club: Is this process also automatic?

Kick Dev: There are 2 scenarios:

-On the IDO, if a sale does not fill, then all the unsold tokens are returned to the seller and everyone who bought them gets their tokens.

-On the “rugproof presale” (KickDEX), if a sale does not finish within 7 days, everyone can withdraw their funds though an “emergency withdraw” button if they want to.

Kick Dev:

 

And yes, on the IDO, the process is automatic.  On the KickDex, the user simply clicks “Emergency withdraw BNB” button (on the right)

Mary | Satoshi Club: In the first scenario there is no function when buyer gets hus funds back? Or it depends on the seller decision?

Kick Dev: Correct, on the IDO Launchpad once you purchase the tokens, you have them in your wallet.

Mary | Satoshi Club: Got it, so we have choice just in the second scenario, right?

Kick Dev:

Here is actually a very informative picture, where we can see (BUYER PERSPECTIVE) where the platform shows “how much liquidity will be locked” and “for how long”

Correct.

Mary | Satoshi Club: Yes, visualization always works 😀

Kick Dev: So in this case you can see that 75% of the liquidity will be locked for 1 day :).  And these numbers are selected by the seller during the sale setup process.

So no longer do you have to worry about “is the seller going to run away with my money”.

Mary | Satoshi Club: I hope it’s just example 😂

Kick Dev: Frankly, if a presale is not using KickDex, then they are looking to scam you.  That’s our narrative.  They should all be using Kick, otherwise…. are they trying to rugpull?  😁

Mary | Satoshi Club: Ahaha, great tactics 👏

Kick Dev: So here’s a message to all the listeners, and hopefully we can help protect you:

If you are joining a presale, make sure the seller is using Kick, and not another presale platform!  It is much easier to rugpull on these current platforms.

The platform is fully functional and works.  There is no excuse anymore to use another platform, unless you want to rugpull.

Mary | Satoshi Club: Thank you for warning 😊

Kick Dev: 😏

Mary | Satoshi Club: Very detailed answers! Ready to go to the next question?😉

Kick Dev: Yes, let’s do it!

Q5 from Telegram user @BeaEvolet

Currently the team is migrating and renewing all the information to its new domain, I really do not understand, why is this domain migration? Has the Kickpad platform had any security problem? What security methods will you implement from now on to ensure the well being of your users?

Kick Dev: Great question as well.

The team has gone through a full rebrand of the entire site, logo, and the whole project in general.

We changed the name, the color scheme, the look of the website, and more.  That is the reason for the website change.  But good eye for detail!

Mary | Satoshi Club: Yes😀 and what about audits? Did you pass them?

Kick Dev: Yes, we have had 5 audits done.  Security is top priority.  Our partners were:

Hacken

Zokyo

Solidity Finance

and a few others still in progress, which we will release soon.

Mary | Satoshi Club: Oh, it’s like a wall of audits😀 i really appreciate how you care about security! Btw, can you share some of the audits with our community?

Kick Dev: Yes of course.  Let me find some of the files and/or links now.

https://solidity.finance/audits/Kickpad/

Mary | Satoshi Club: Thank you! It’s not often when i see so many audits👍

Kick Dev: When the others are finished too, feel free to request them.  These are just 3 of the 5 total.  We really took this seriously.

Mary | Satoshi Club: And i have no doubts 😀

Thank you for your answers! And just one 6th question left for this part 😀

Kick Dev: Oh, we just got some news released as well.  In addition to our Orion partnership, we are happy to finally release the DuckDAO x KickPad partnership.

https://medium.com/duckdao/kickpad-joins-the-duckdao-ecosystem-as-a-strategic-partner-4b87c0eb3dde

Perfect timing 🙂

I know we hinted at it a few minutes ago, but glad to say we can finally make it public.

Mary | Satoshi Club: Yes! That’s true! Really amazing partnership! You intriguing us, because i understand that it’s just beginning 😀

Look, our last question from this part about partnership😀 we can discuss all your current partnerships there😉

Kick Dev: Yes, we have so much good news to leak over the next few days.  We are building it up.

Yes, ask away!

Q6 from Telegram user @belkysgonzalez

KickPad will transition into an IDO Launchpad and incubation platform and will partner with other projects to help them in several areas like marketing. Would you share more about your current partnerships and how they will impact the development of KickPad? You recently announced a partnership with Orion Protocol, so would you tell us about the work you will be doing together?

Kick Dev: Yes.  So we have announced partnership with Orion Protocol and DuckDAO for now.  We have about 6 more partnerships that we will release over the next few days.  Along with 5 really strong advisor names.

We don’t want to leak any information yet, as we want to build it up and coordinate with the partners themselves.

All we’ll say is: these partners are very helpful, have a lot of resources to share with us, and we will be working together very closely.

They’ll help with marketing, incubation, strategy, tech improvements, and more.

Mary | Satoshi Club: So, what is the main sense in partnership with Orion?😀

Kick Dev: We’re super excited, and are really having a hard time keeping all these secrets 🙂

So with Orion, I will link this tweet for more information:  https://twitter.com/orion_protocol/status/1371501694459187202?s=21

Mary | Satoshi Club: And it’s really great that you and DuckDAO find each other 👍

Kick Dev: More details will be coming out about this, but we are being selective in the timing of our release.

Yes, another exciting partnership.  We are excited for all of them, and will let the community know 1 or 2 partnerships each day leading up to launch.

Mary | Satoshi Club: Surprises every day😀 my notifications on👍

Kick Dev: This is what we are hoping for.  Exciting and unexpected partnership announcements each day.

Mary | Satoshi Club: Sure, you will have this👏 and we also have one the most exciting part for you😉

It’s live part 🚀

Do you feel ready for it?

Kick Dev: We cannot wait.  Our IDO Partner projects are ready to launch, and we are holding them back now!  Can’t wait to let them loose and bring them to the public. 

3 projects: 

The “brain”

the “fun to play”,

the “very collectible”

😁

Kick Dev: Keeping them secret for now.

Mary | Satoshi Club: We are waiting for it🚀

But we have hints already and someone can solve the puzzle 😉

Kick Dev: We want the listeners to know that we are ready, we have the projects lined up, and we have the partnerships that we think will help us out a lot.

And as for the platforms, just 1 thing I want to add.

Mary | Satoshi Club: Sure👍

Kick Dev: The IDO Launchpad begins in a few days.

However, the current KickDex (rugproof presale platform) is live now.  Please urge projects to use Kick instead of the current “presale platforms” because we have created a safer, more transparent presale process.

We hope it can protect even 1 person from being rugpulled.  That’s our main goal.  So yes, it is live and working.

Mary | Satoshi Club: Sure, we will ask them😉

You will really help people to save their money!

And live part now?😀

Kick Dev: Yep!

Mary | Satoshi Club: Let’s go 🚀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cengizhantekin

I have seen PancakeSwap on some part of your whitepaper. What is the relation between Kickpad and PancakeSwap?

Kick Dev: We auto-lock liquidity onto pancakeswap.

Q2 from Telegram user @JoanaZ

Apart of have the capacity to conduct presales, KickPad also is able to conduct other types of events like ICOs?

Kick Dev: Yes

Q3 from Telegram user @KabirKapoor9

Hello @Kickdev,

What is your approach toward marketing of KickPad? Is there any seperate department to handle it?

Kick Dev: Yes we have a separate department and dedicated partners and team members for this

Q4 from Telegram user @KabirKapoor9

Hello @Kickdev,

Could you please give us an overview of tokenomics? Will team burn, issue or mint kickpad native token in future?

Kick Dev: all team/presale tokens will be locked and vested over up to 28 months

Kick Dev

Q5 from Telegram user @Boylut

Has any project shown interest in your launchpad?

Kick Dev: Yes, we have 3 projects lined up already, and tons are messaging us each day.  The first 3 we have are:

-a project that has a “brain”/”thinks”

-a project that is “fun to play”

-a project that is “rare and collectible”

That’s all we can say.

Q6 from Telegram user @Indomiekuy

Kick Finance offer a liquidity lock for a project who doing token presale. But from what i know, every DEFI project can lock their token using a smart contract and that possible to verified by all people. So Why would project need to lock it using a 3rd party service?

Kick Dev: yes, all projects can lock their tokens.

What we do is, during a presale, we eliminate the chance of the seller to run away with your money, without adding and locking liquidity to an exchange.

Imagine, you send 1 BNB to a seller and they can run away with your 1 BNB.

But with KickDex, the seller is FORCED to add 0.5 BNB to pancakeswap and lock it.  So they cannot steal that liquidity.

Q7 from Telegram user @ smelekin

Why your website kickpad.org is not opening right now?

Kick Dev: We are currently finishing up the rebranding that I was discussing earlier.

The current correct links are:

thekickdex.com (rugproof presales)

thekickpad.com (IDO)

t.me/kick_pad

twitter.com/kickpad_org

Q8 from Telegram user @mctrho

There is very little information about KickPAD, and it is urgent in a project that is in its infancy to offer users enough information to generate interest, when do you plan to launch an exclusive website to provide information about KickPAD?  And do you plan to release a whitepaper soon? @Kickdev

Kick Dev:

Attached is our whitepaper.  Some things to update, such as only $75k public sale/whitelist.  Not 200k.

Q9 from Telegram user @Tony253210

KickPad is a very interesting platform to do any kind of Launchpad, but considering the current amount of scammers in defi, how do you guarantee that fake tokens will not try to use your platform to obtain Investors?

Kick Dev:  Good question.  The process is strict.  It is stringent.  And it is aimed at transparency.

Teams will have to:

-Complete 2 audits

-Pass a preliminary manual overview

-Pass an interview

-Make all code public

-Pass through a committee overview process

In addition to an overview of their tokenomics/potential business success.

Q10 from Telegram user @Alberto_vzla

I understand that the KICK PAD smart contracts reduce a series of obstacles in order to win investors. Is your liquidity lock automatic or does it work based on other variables? At what point in time do these locks happen?

Kick Dev: The KickPad smart contracts do lock the liquidity in a very smart way.  Here’s how it works:

-Seller creates sale

-Buyers give BNB into the sale

-Seller must FIRST click a button that sends tokens and BNB to pancakeswap and creates a liquidity pool

-The LP Tokens are automatically sent to the Kick lockup contract

-Only after all of this, can a seller withdraw the remaining BNB.

So they are forced to add and lock liquidity BEFORE they can retreive their BNB from the sale.

Part 3 – Quiz Results

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

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

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

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

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

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

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

Website: https://esatoshi.club/

Our partners:

Telegram: http://t.me/kick_pad/

Twitter: http://twitter.com/kickpad_org/

Websites: http://kickpad.org/