Satoshi Club

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from PUML  Better Health and our guest was Damien King, the founder, and CEO of PUML Better Health. The AMA took place on 1^st 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&Bitcointalk community

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

D. | Satoshi Club: and our today’s guest – @mpdigitald ! welcome to Satoshi Club!

how are you doing?

PUML Squad – https://puml.io : Hey Everyone!

I’m doing great!

Thanks very much for having me today.

Mary | Satoshi Club: @mpdigitald welcome here!

We always happy to see new faces in Satoshi Club!

Could you please introduce yourself and tell us more about PUML Better Health!

PUML Squad – https://puml.io: Sure thing,

My name is Damien King, I’m the founder and CEO of PUML Better Health.

My background is engineering and startups.

I’ve worked for 20 years as an engineer and had a SaaS startup in UK I exited from.

I’ve founded 3 companies as well.

Got into bitcoin in 2012 as a miner just playing around.

Mary | Satoshi Club: Wow, you are among first!

PUML Squad – https://puml.io: Then after ethereum was released started looking at the amazing smart contract functionality.

But didn’t really do much until 2018 when I wrote the white paper on PUML Better Health.

Mary | Satoshi Club: Why Health?😀

PUML Squad – https://puml.io: For those who don’t know what we are…

We gamify health and wellbeing challenges for Corporates and Brands.

The reason for health for me was after my first major startup, I actually suffered health wise.  Drinking redbull and vodka coding every night after a day job at Virgin where I was head of development for Virgin Media Entertainment.

Took alot out of me and started to get founder fatigue.

So 2 things resonate with me that is the foundation.

1.> Its hard to be motivated to stay consistantly active and healthy.

Mary | Satoshi Club: Yes, i understand now 😀

PUML Squad – https://puml.io: 2.> Data, especially health data is super valuable.

So that is the backstory of why.

The how we can get into shortly.

Mary | Satoshi Club: And you are right in every your word😀👍

PUML Squad – https://puml.io: [ 😊 Sticker ]

Mary | Satoshi Club: [ 👍 Sticker ]

Thanks for your introduction!

Do you want to add something or we can go to the questions from our community?😀

PUML Squad – https://puml.io: Let me explain a little more about the project.

Mary | Satoshi Club: Of course!

PUML Squad – https://puml.io: So PUML Better Health is a Dapp but also its going to be a platform and global digital fitness currency.

Unlike other protocols we have tried to focus on non-crypto users first more like a traditional startup.

We already have large corporates who pay us $1 per employee per month to run fun gamified challenges in our dapp such as Step Challenges, Heart rate challenges, sleep challenges, meditation and more.

This means we are able to scale without any reliance on the token or tokenomics at this stage.

Mary | Satoshi Club: It’s logical, 😀 and will help mass adoption as well 👍

PUML Squad – https://puml.io: Yes, we have already hit 100K users since launching in Aug 2020.

D. | Satoshi Club: sleep challenges – i would try that😄

Mary | Satoshi Club: Great achievement!

PUML Squad – https://puml.io: Most of those use our platform and are learning about the importance of data and they fact you can earn rewards in exchange for that data.

Mary | Satoshi Club: I am thinking more about activity 😂

PUML Squad – https://puml.io: But they don’t need to own private keys on signup.

Its a journey we teach them about crypto and blockchain as they become our members.

This means we can scale to millions of users with revenue and as they adopt crypto PUML will be their first exposure to it.

The apps have an inbuilt PUML wallet, along with the fitness and wellbeing challenges.

Mary | Satoshi Club: As i know non crypto apps mostly don’t give rewards, right?

PUML Squad – https://puml.io: Exactly.  All our tokens can be exchanged for PUML coin and kept in private wallet or exchanged on hotbit and more exchanges coming this year.

Due to Covid its more important than ever for companys to invest in their employees health and wellbeing.

D. | Satoshi Club: indeed!

PUML Squad – https://puml.io: We view everyone as an athlete who requires sponsorship to be healthy.

Mary | Satoshi Club: Nice, you have good incentives to use your app!

PUML Squad – https://puml.io: The sponsor pays for the token reward.

This is what makes our tokenomics so simple and effective.  It creates its own supply and demand the more brands and corporates we sign up.

They buy the tokens to incentives employees/customers, the customers get healthy by completing healthy challenges and recieve PUML.

Improve your health and your wealth with $PUML!

Ok I think that should be a good overview.

Mary | Satoshi Club: Simply put, if I install your app and will, for example, walking a lot I will get rewards?

PUML Squad – https://puml.io: Any more questions on that

D. | Satoshi Club: awesome concept win-win for both parties😊

PUML Squad – https://puml.io: Yes we have some public challenges from brands like Footlocker.  But not every country is supported.  We need to sell into the country otherwise we don’t have anyone paying for the reward token.

Mary | Satoshi Club: Which countries do you currently support?

PUML Squad – https://puml.io: This is where lots of other social apps have failed.  They keep giving away their token but don’t have any utility to buy it.

Our main focus is Australia/UK/US/Singapore/Vietnam/Indonesia.  But we are live in some other countries as well.

Mary | Satoshi Club: Where we can find full info about countries?😀

PUML Squad – https://puml.io: Just check by going to https://get.puml.io

And check if its in your appstore.

Mary | Satoshi Club: Got it! Thanks!

And we can discuss PUML Better Health in details while you will answer questions from our community! Ready for them?

PUML Squad – https://puml.io: Sure

D. | Satoshi Club: thank you for great intro! let’s dive into the questions!

Q1 from Telegram user @Highpee

PUML has an innovative system that collate and breakdown each users physical activity into units of data which are used to build a distributed health record of users. Since you are working with person and confidential health data of users, then your system should be able to prioritise privacy and security. How secured is your protocol and how are personal data of users protected? Are these data units monetized? Who have access to stored health information and how are they encrypted when these records are pushed to your MainNet?

PUML Squad – https://puml.io: Ok great question, few parts to it.

So firstly its worth pointing out we don’t have a mainnet live.

We expect this to be 24 months away and the reason does relate to how we can use a distributed health record and be compliant with HIPPA and many other data privacy acts in EU and even AU.

Right now we slip data into units and store them in our cloud system and each data is related to an anonymous profile/record.

So even we do not know whos data it is.  You as the account holder has this data with multi authentication + bio metric face or fingerprint on the device.

You can also add your Private Active key to the PUML Wallet to make it more secure.

Mary | Satoshi Club: Is there any chances that you can sell some data or share it with your partners?

PUML Squad – https://puml.io: However, we plan to use a form of a private chain and IPFS for our distributed health record.

Yes so everyone owns their data, even now on the cloud solution.  We can bring data deals to you and you can opt in to earn PUML if you have data that is required.

All our data is encrypted but again when we launch our mainnet it will have further cryptographic onboarding and protection policies written into the protocol.

Mary | Satoshi Club: Thank you for your answers!

PUML Squad – https://puml.io: [ 🚀 Sticker ]

Mary | Satoshi Club: It’s always a pleasure to feel that your data is secured!

Ready to proceed?

PUML Squad – https://puml.io: Yep

D. | Satoshi Club: let’s do this!

Q2 from Telegram user @meml97

As we know, there are ways to trick this Apple and Android health apps, and make them count more steps that you maybe actually took. So, how are you going to prevent people from tricking their apps in order to get more PUML Coins?

PUML Squad – https://puml.io: So firstly we control which data is approved.

We have a partnership with Fitbit/Garmin

And are in discussions with Huawei and Samsung

Plus we also have Apple Health and Google Fit.

So there are 2 ways people can cheat.

1.> By trying to use apps and scripts to modify data.

We have a 2 systems that check data and automatically remove any data that has been manuel or modified by a 3rd party app.  This has taken lots of tuning and we expect to turn this into a machine learning algorithm so it  improves over time.

But so far we are very good at removing cheaters.

Mary | Satoshi Club: Did someone already tried to cheat your app?

PUML Squad – https://puml.io: oh hell yes

2.> Is people can trick the wearable by shaking their hand quite a bit.

This is getting better, new apple watch makes this impossible.

Mary | Satoshi Club: Cheaters never rest😂

PUML Squad – https://puml.io: However, this is minor and if people are actually moving then we are happy.  Our objective is to make people become more active!!!

Mary | Satoshi Club: For sure! Hope your app will make more and more people healthy!

PUML Squad – https://puml.io: One person tried to sit on the back of a scooter and shake his arm while his friend rode.  We thought this was pretty funny and if they want PUML that bad its ok for the moment.  Ha.

Mary | Satoshi Club: Ahaha 😂

PUML Squad – https://puml.io: Finally the community is the best

They will instantly call out anyone cheating with high activity and we can do manual reviews as well.

Mary | Satoshi Club: I think most of people think more about their health than about rewards😀

Community always is the key😉

PUML Squad – https://puml.io: You would think so but not usually. Short term always outplays long term thinking.

This is why you need to create healthy habits when you are young.

Mary | Satoshi Club: 👍 Thanks! I think our Satoshiclubbers will join your project to stay healthy and rich😀

Are you ready for the next question?

PUML Squad – https://puml.io: your all welcome.  For sure

Q3 from Telegram user @Xusuo

After checking PUML application, I found unique feature about staking and I can stake into a “physical challenge” And “mental challenge” from your application. How does your staking system work? And how is the calculation reward that we will get from your staking?

PUML Squad – https://puml.io: Currently we haven’t released this feature yet.  We have a few different staking and defi functions coming in the future.

1.> You can pay an entry fee of PUML for a challenge.  Each challenge has a goal, like Meditate for 5mins per day for 30 days.  If you hit the goal you get your staked PUML plus a reward.  If you miss you goal you loose your staked PUML.  This means its a larger incentive to make you create a healthy habit.

2.> Defi – We have a ROA – Return on Activity.  This is coming where you can stake larger PUML rewards for longer periods.  This will always return a % but you can muliply the return by also hitting an activity goal such as 10K steps per day over the 3 month period.  If you do you get a 2x, 3x 5x return.

Mary | Satoshi Club: Even if one day lost? So, it’s mean that a person will lost rewards for all month?

PUML Squad – https://puml.io: Both of these are on our roadmap but currently not live.

For 1.> Yes you have to achieve goal (smaller stake) like 10-1000 PUML

But 2.> 1Million PUML larger rewards, its only a bonus, never loose any stakes.

Mary | Satoshi Club: Could you share your roadmap with us?😀

D. | Satoshi Club: but how your app can tracks that i meditate? maybe im just sitting on my couch drinking beer and watching movies

PUML Squad – https://puml.io: Meditation is an example that is harder to track.  Unlike heart rate, sleep or calorie burnt.

However, you need to hit the start timer within our app, that has background meditation music and complete this.  The fact you have to do that every day an not mediate is pretty unlikely, but yes there is a level of trust on meditation.

Again its creating a habit.

You think about mediating every day for 30 day without ever doing it is still better than never thinking about it.

D. | Satoshi Club: got it 👍

Mary | Satoshi Club: Haha, i imagined 😂 better meditate

PUML Squad – https://puml.io: Beer meditation might become a thing though 😂

Mary | Satoshi Club: Thanks! Really interesting info! Never thought about health apps from this side)

Ready to jump to the next question?

PUML Squad – https://puml.io:Yep

Q4 from Telegram user @igervacio

You have a promotional system called “EDM Marketing” that helps your users’ brands. How can I promote my physical training and fitness products through this marketing system? What steps should i follow?

PUML Squad – https://puml.io: Ah nice.

Yes so right now we have 2 revenue models.

1.> Corporates paying to help employees be healthy

2.> Brands paying to make their customers be healthy.

So Brands like Footlocker, can run global virtual challenges.

Mary | Satoshi Club: Do they already pay?😀

PUML Squad – https://puml.io: Such as walk 600K steps in 60 days.

The brand pays to run the challenge.

They get a branded challenge

A video that every member watches when they enter the challenge

Their products can go in our marketplace to be redeemed by PUML Coin

Plus they can email everyone who complete the challenge a reward or discount code.

So its a win win.

Our user get free puml and merchandise for being healthy and the brand gets to engage and gamify their customer base from anywhere in the world.  Through social virtual communities.

Mary | Satoshi Club: Yes, and users will need to give permission to use their email before they will start this challenge?

PUML Squad – https://puml.io: Yes each challenge can have its own terms and conditions

But generally we don’t use email as much as inApp notifications.

Mary | Satoshi Club: Did you already complete this kind of challenges?

PUML Squad – https://puml.io: Yes we have them live in the app.  Footlocker has just extended with 2 more challenges in Singapore and Hong Kong starting soon.

Mary | Satoshi Club: Great! Will try to find my country in your app😉

D. | Satoshi Club: by the way do you have any affiliate program at the moment, just for your users? or maybe some sort of VIP program for the most healthiest?

PUML Squad – https://puml.io: We dont at the moment but I think thats a great idea.

We want to bring on influencers later this year, this will really grow our use base and thus more users with more crypto and PUML

Mary | Satoshi Club: Thank you for your answers!

Ready for the next question?

PUML Squad – https://puml.io: yep

Q5 from Telegram user @kherrera22

Reading your web page, one of the things I liked the most was that PUML gives the possibility for users to donate their coins to charitable organizations, but in relation to this, how does PUML guarantee that this money does go to charity? Do you have a mechanism to verify that the “organizations” in question, if they exist and are legal?

PUML Squad – https://puml.io: Yes this is very important to have a purpose around a challenge.

When you do a challenge by ourself, like some of our competitors have personal challenges its very static and non motivating.

But at PUML everything is social, if you have your friends, family, work friends it all increases the likelyhood of being more active and completing the challenge.

In addition when you add a purposeful charity

It can really motivate you.

We work with the corporate or brand to select a charity, then we also use an official fund raising integration that has a charity number so we know its legit

We collect the PUML on behalf of the charity and then convert it to fiat to make it easy for the charity.

This can all take place within the app.

Mary | Satoshi Club: It this charity proposals available for all countries or also have exceptions?

PUML Squad – https://puml.io: We have only added Australian charities at the moment but we have a new Singapore charity coming later this month.

In theory it can be any country.

Mary | Satoshi Club: Ok, i know a lot of events when people run for charity etc. That’s great that now it can be done using app😀

PUML Squad – https://puml.io: Yes totally agree.  Thanks.

Mary | Satoshi Club  And only one 6th question from part 1 left 😀

Ready for it?

PUML Squad – https://puml.io: yep

Q6 from Telegram user @JesusFre1tes

With COVID-19 many of the social events have been affected and cancelled. Since PUML always encourages participation in walks and marathons, how have you adapted to this new reality so as not to lose the quality of your services? What changes has the project undergone during this time? How have you managed to keep your users in good shape and in optimal health?

PUML Squad – https://puml.io: Yes actually covid has been very good for us.  Some other systems  use GPS to track users activity and this doesn’t work indoors.

We on the other hand could continue to run virtual challenges while people were working from home.

Stairs and walking around the house all counted.

We also had other challenges like Sleep, Meditation, Heart rate that again didn’t require our members to be outside.

Mary | Satoshi Club: Yes, overall Covid helped crypto a lot

PUML Squad – https://puml.io: Through our innovative technology we have been able to show real USP to our customers and they were very happy with our outcomes over this preiod.

Plus covid really shows the importance of preventative health.

WE are all about preventative health

Mary | Satoshi Club: To be honest i need Sleep challenge, but i am afraid that i can loose 😂

PUML Squad – https://puml.io: Yep, well I might loose that tonight seeing we are only on part 2.

D. | Satoshi Club: yes, and we have 10 questions for you there😄

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Saradgyawali

How does PUML platform get the revenue? Do you provide any financial report of the company revenue and growth?

PUML Squad – https://puml.io: 1.> So PUML earns revenue by charging Corporates, Enterprises to use our platform to run employee challenges.  We charge $1 per employee per month so if we sign a large company the revenue is very good. 

We also charge brands to run global virtual challenges as an advertising model

Finally we will also have a premium version where users can run their own challenges and watch workout videos and live stream within the app.

Q2 from Telegram user @alejinnah

Currently from  where i can buy PUML?

PUML Squad – https://puml.io: 2.> A nice easy one.  You can buy PUML on Hotbit.io Newdex.io or some of the swaps like defibox and more.  However, we are very early.  We will add more exchanges in 2021

Q3 from Telegram user @RamonPila25

You offer a wallet with a single payment for life, however, is it possible to keep the PUML token in a third-party wallet? Do you offer your wallet for free with limited features?

PUML Squad – https://puml.io: 3.> Yes you can store your PUML in any EOS based wallet such as Anchor, Scatter, Wombat Wallet, Token Pocket and more

Q4 from Telegram user @biggdata

Project titles can contain interesting stories or messages. Who chose the name “PUML” I wondered why?

PUML Squad – https://puml.io: 4.> PUML stands for Personal Units and Movement Data.  Our platform is designed to make people healthy but at the heart is data and data protection on a decentalised digital health record.  Data is split into PU – Personal Units and ML – Movement Levels that the intensity element of the movement.  We plan to use AI to generate predictive diagnosis of lifestyle diseases on your data.  So not only can you earn revenue but hopefully it helps prevent issues like heart disease and diabities.

Q5 from Telegram user @cryptoflower13

Do I have to be a company to launch a challenge? Can’t I create one for my family? How much would this cost me?

PUML Squad – https://puml.io: 5.> Currently you can’t create your own one but we are adding this feature later this year.  You add you PUML reward prize or have an entry fee in PUML, then invite your friends and family to battle it out.

Q6 from Telegram user @Amirjosh

May I ask what other benefits when creating a Lifetime Account of PUML Better Health. Will Lifetime Hoders can recieve extra rewards and maybe discounts for future products and programs of PUML?

PUML Squad – https://puml.io: 6.> Yes we are going to look after our early adopters.  We are only just starting and this has a huge global application that could be a mass market product.  Early adopters will not only get cheap PUML they will also get extra challenges and bigger rewards in the future.

Q7 from Telegram user @jirencrypto

What is the biggest company that has so far decided to launch a challenge within PUML Better Health?

PUML Squad – https://puml.io: 7.> The biggest brand is FootLocker.  The biggest company is a global company we can’t mention the name of but they have over 10K employees in Australia and 300K employees globally!

Q8 from Telegram user @Arisabela

Last night I saw some stadistics and there’s already 28.495 $PUML token holders, can you give us a review of the growth of your token since it was released and how it stands today? Is it really worthy to make a long term investment?

PUML Squad – https://puml.io: 8.> It has grown very fast but most token holders have recieved tokens via airdrop or referral system.  Most of our 100K users still have not added a private key and thus not included in the 28K users.  We are very early with lots of features, revenue and marketing coming.  As we add more exchanges and get more volume our token will be a very good long term play.  We have 500Million tokens and the majority is locked in planning for future, team, project fund, defi fund and more.

Q9 from Telegram user @riolandaro

What is the reason PUML chose to build OnEOSIO ???

PUML Squad – https://puml.io: 9> We started on ethereum but when we wanted to build a mass market dapp that would have millions of users we realised we needed to build our own mainnet.

EOSIO was a great choice for fast transactions so it didn’t slow down the mobile app.

Plus it is very cheap, as we can stake EOS and have near unlimited transactions on our smart contract.  We could not do this on Ethereum.

In the future we are considering a wrapped token PUMLx to be on Ethereum to help liqudity.

Q10 from Telegram user @surendra040

Do you have any plan of listings of PUML in uniswap and other big exchanges like PUML

PUML Squad – https://puml.io:10.> We plan on launching on more exchanges CEX this year, 1 more bid one and 1 large one.  Plus in the future a wrapped token on ETH

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: https://t.me/pumlofficial/

Twitter: https://twitter.com/pumlhealthio/

Websites: https://puml.io/

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 Blank and our guest was Aleksandras G. – @AleksandrasG, CEO of Blank, and Iman – @ImanHWA, CTO of Blank. The AMA took place on the 1st 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

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

D. | Satoshi Club:
@AleksandrasG @ImanHWA good to have you here! Welcome!

Aleksandras G.:
Happy to be here! Thanks for having us = )

Iman:
The pleasure is ours, thanks for having us!

Aleksandras G.:
I have to admit, the amount of interest we have received lately has been overwhelming. Excited to see so many faces focused on Blank. Just shows that we are on the right track of bringing privacy to everyday DeFi investors.

Mary | Satoshi Club:
Ok, let’s start our fun!!! Could you please introduce yourself and tell us more about Blank!

Aleksandras G.:
Sure! I’m Alex – CEO of Blank, and we have @ImanHWA who is our CTO here too. We set out to build Blank after we spent a good time in the DeFi space. To us, it became apparent that with DeFi gaining traction, users started to bring what was a centralized activity before (such as trading) on-chain, which resulted in many leaving a lot of personal data behind.

The current privacy space on Ethereum lacks convenient solutions – users have to experience a lot of friction, for what we feel is a simple human desire – privacy. So Blank is a solution to answer those issues – privacy and convenience.

Mary | Satoshi Club:
How old is your project?

Aleksandras G.:
We started with the conception in November, and we’ve spent all those months in stealth development. We came out of the stealth mode a month ago and focused on finding strategic partners.

I’m happy to say that last week we closed our private sale round and have onboarded a number of experienced industry professionals that will help to make Blank a success.

We’ve posted a blog about this:
https://blankwallet.medium.com/blanks-private-round-of-1-8-million-successfully-closed-oversubscribed-68x-f3df27baaa73

Ethereum is only a starting point for us. We’re sure that as long as other blockchains or layer 2 solutions will get traction in terms of users and ecosystem, Blank will support it too!

Mary | Satoshi Club:
Are you ready to dive deeper into the details and answer the questions from our community? Or you want to add something?😀

Aleksandras G.:
Well, there’s a lot to tell about Blank!

I think our website and whitepaper does a good job on that, but we can always start from the community questions – we’re very curious to learn what are the hottest questions on everyone’s minds 🙂

Mary | Satoshi Club:
We can start with the hottest of the hottest 😉🔥

D. | Satoshi Club:
Q1 from Telegram user @borysfireball
I see a wild interest in the upcoming Blank Wallet IDO on Polkastarter! Please tell me if there are limits to wallets that will be whitelisted? What do I need to do to apply for a whitelist? What will be the maximum and minimum limits on IDO? Why did you choose Polkastarter?

Aleksandras G.:
Thanks for the question @borysfireball!

While we have defined some limits per wallet, these are subject to change and haven’t been announced yet. This information will be cleared up in the upcoming days, but we are looking to limit around $500 per whitelisted address (with no minimum).

You can read the whitelisting process criteria here: https://blankwallet.medium.com/the-whitelist-for-blank-wallet-is-now-open-bf0f1baf6d6f

As for the question “why?” – we were presented with a lot of options, and we felt like Polkastarter matches with our goal the most – getting exposure to the largest community out there.

For us, it’s very important to ensure that Blank wallet will gain traction and usability, and so doing an IDO where the largest number of eyes can see it definitely contributes to the product exposure later down the road.

Mary | Satoshi Club:
Do I still have chances to try?😂 And what do you think in how many seconds your IDO will be completed?

Aleksandras G.:
Our whitelisting form will close tomorrow, so yes – You still have the time to apply! I have no idea how fast it’ll sell out, but one can hope for the best 🙃

Mary | Satoshi Club:
Thank you! I have no doubts about its success 💪 Ready to proceed?😀

Aleksandras G.:
Sure!

D. | Satoshi Club:
Q2 from Telegram user @RosemaryBianco
In “cover your commercial activity” you say that users do not need to pass their “KYC” since Blank contains “maximum” privacy and security. Can you explain to me how Blank ensures maximum privacy? What tools do you use to contain maximum privacy and security?

Iman:
The Blank wallet implements several measures to ensure a user’s privacy. There are 2 major categories those measures can be divided into:

1.: On-chain privacy; Using special privacy smart contracts that utilize zkSnarks technology, Blank lets every user mix his funds with a pool of thousands of other deposits with the click of a button.

2.: Off-chain privacy; The Blank wallet also protects the user from off-chain tracking. The wallet does not collect any user data by default. Furthermore, the Tor network is utilized to communicate with the blockchain node provider at all times.

More information on this can be found here: https://blankwallet.medium.com/how-does-the-blank-wallet-work-f0ec59c61b7

Mary | Satoshi Club:
So, no one will be able to track my funds?

Aleksandras G.:
That’s right!

Blank solves privacy in several areas:

Conceal your wealth:
Only you can see, access, and manage your funds. We group your wealth with other individuals’ under a smart contract, so no one can track capital ownership but you.

Hide the origins of your wealth:
Information about how you acquired your wealth should stay with you. We give you the option to hide or show your wealth origins.

Cover your trading activity:
No KYC. Maximum privacy. Each time you make a withdrawal or a new trade, you start on a blank piece of paper — a new wallet with no previous activity history.

D. | Satoshi Club:
I have read that you use a 12-word seed-phrase in your wallet. why did you decide to use 12 words instead of 24? I thought a 24-word seed is more secure.

Iman:
Theoretically speaking, 24-word seed phrases are more secure. Practically speaking though, 12-word seed phrases are more than secure enough, with an entropy of 128-bit.

Aleksandras G.:
And then there’s a question of striking a balance between convenience and security.

24-word seed phrase may be marginally more secure but provides a lot more headaches in terms of storage/convenience. For instance, higher odds of having one word written down incorrectly if You write it on a piece of paper, etc.

Mary | Satoshi Club:
That’s right 🙂 Ready to go to the next question, guys?

Aleksandras G.:
Always! You can shoot them and we’ll answer as quickly as we can humanly type 😎

D. | Satoshi Club:
Q3 from Telegram user @Arisabela
Isn’t it a secret for everyone that the unusual higher gas fees turn the Blank wallet very expensive to use these days, in one of your papers it’s mentioned that you expect to solve this problem with the implementation of Ethereum 2.0 in the future? What accommodations will be made once this happens and how will be the gas problem fixed or partially fixed?

Aleksandras G.:
Great question! It’s important to outline few aspects here:

Short term
Midterm
Long term

Short term:
We believe that initial Blank’s user base will come from wealthy DeFi investors. We believe that there’s a correlation between a higher amount of wealth, and a higher desire to receive privacy. This is why we feel like in the short term, our initial users won’t be worried about high gas fees, as they would be willing to pay that price for privacy. For instance, in recent months, the usage of Tornado.Cash (which has similar gas prices) only increased.

Midterm:
Certainly, for long-term growth, having lower gas fees is important. As mentioned, we are looking into separate blockchain solutions such as Layer 2 – Optimism, or separate blockchains such as Polkadot or Binance Smart Chain. The important note to make here is that the whole blockchain needs to have usability and ecosystem before we are ready to deploy there. If there are no users there, it’s pointless to expand into that solution, even if the gas fees are low.

Long term:
I feel like blockchains have a similar “chicken-or-the-egg” problem that privacy solutions face. For blockchains, the issue is clear: developers don’t want to build on blockchains that have zero users, and no users want to use blockchain that has zero developed solutions. That is why we believe that Ethereum 2.0 has the biggest odds of continuing this DeFi legacy, and it’s only a matter of time when it comes out. By the way, Vitalik Buterin recently introduced proposals that have already affected the gas usage on Ethereum which contributed to much lower gas fees: (https://github.com/ethereum/EIPs/pull/3298).

Mary | Satoshi Club:
Yes, I fully agree😀 does it mean that you’re at some point Tornado’s competitors, btw?

Iman:
Initially, we will be using the same smart contracts Tornado Cash is currently using. So I would see us less as competitors, but more as infrastructure partners for now. However, in the future, when we move off of Tornado smart contracts, that relationship might change.

Aleksandras G.:
Seems to be for everyone’s benefit 🙃

Mary | Satoshi Club:
Ok, but you know that governments hate privacy😀 What do you think about the legacy of your project?😀

Aleksandras G.:
I want to make it clear that we aren’t there to help people do illegal activities or hide from not paying taxes, etc.

Blank has features that allow users to comply with law and exchanges in case they desire to do so (proof-of-funds report), but even in that case, the on-chain transactions are hidden, and only the user can choose who he wants to give this information to (that is, to show where his money came from, etc.). In any case, at its core, Blank uses a smart contract, and the responsibility to comply with governments actually relies on the users – they choose what they want to do.

We feel like there’s a lot of room where users can benefit from privacy, when it comes to the usual DeFi activities, etc. We’ve all been there – I wanted to send ETH to a friend of mine, but didn’t want him to see how much crypto I held or which coins I bought – this is where Blank helps everyone with the added privacy.

Mary | Satoshi Club:
Ok, thank you! I will definitely use Blank! And my next question… When? When I will be able to use it?😀

Aleksandras G.:
We are planning to have a closed-access version this month, with a public version likely to launch in April.

Mary | Satoshi Club:
Btw, can you share your Roadmap with us?

Iman:

Mary | Satoshi Club:
Thanks! Ready to jump to the next question?

Aleksandras G.:
For sure

D. | Satoshi Club:
Q4 from Telegram user @meml97
I read in one of your medium articles that one of the benefits of $BLANK is that: “$BLANK token holders will be subject to considerable fee reductions which will be based on a tier-system depending on how many tokens the user is holding”. So, my question is, could you tell us what is the initial amount a user needs to hold in order to be considered for this fee reduction and how much this reduction of the fee is going to be? What is the max. reduction a user can receive thanks to their holding of $BLANK?

Aleksandras G.:
Thanks for the question @meml97

A more in-depth answer is written on our whitepaper:
https://blank-wallet.github.io/extension-whitepaper/book/BLANK-token/BLANK-token.html

Quote: “As previously discussed, wallet users will be subject to a service fee when using certain privacy features. However, BLANK token holders will benefit from notable fee reductions. Such a fee reduction will be tier-based and will depend on the number of tokens held: 1,000 tokens will equate to a 10% fee reduction; 5,000 tokens – 15% fee reduction; 10,000 – 25% fee reduction.”

Mary | Satoshi Club:
So, you will have a fee for every privacy feature usage?

Aleksandras G.:
There will be a fee for withdrawing from the privacy smart contract (regular blockchain transfers will still be free). While the fee is not set yet, we are discussing it to be in the range of 0.25%

Mary | Satoshi Club:
Got it! Let’s see, but as for me, privacy costs it.
Ready for the next question? Or you want to add something?

Aleksandras G.:
For sure! We feel like those fees are highly competitive with the current landscape.
Lets go = )

D. | Satoshi Club:
Q5 from Telegram user @lzamg
As amazing as DeFi is, we all have heard of security issues and hacks happening in the past. Since Blank Wallet is about privacy and anonymity, does that guarantee that all users’ funds are safe in case of hack threats?

Aleksandras G.:
A great question once again!

It is widely known that the DeFi ecosystem has encountered its fair share of hacks. The various hacks stemmed from the Turing-complete code, which has so far made the system rather vulnerable. Blank’s team, dealing with such a delicate matter, sees hacking as a big issue in the Ethereum space.

To limit these concerns, we will use industry-proven strategies that have been efficient in helping with transactional or payment-based platforms. For example, we will examine tested and industry-vetted open source projects, the code of which has been successfully used in preventing hacking risks.

Besides, we will audit the code before releasing it to the public with at least 2 different independent auditors – and publish their reports before releasing the update for our users. Lastly, we will implement the bug bounty program, where users will be able to detect bugs for a reward. The bug bounties will be classified by severity in 4 types: from lowest (1) to highest (4).

Thus, our hacking prevention will consist of 3 rather contrasting, but complementary mechanisms: tested technical solutions, the third-party audits from the experts, and the participation of Blank’s user community.

Mary | Satoshi Club:
I see you take security very seriously!

Aleksandras G.:
As all wallets should!

D. | Satoshi Club:
Here is a job for the bounty hunters from Satoshi Club, I know we have a couple 😄

Aleksandras G.:
Nice! We’ll post the bounties in the future on our social media platforms, so make sure to follow us!

D. | Satoshi Club:
Awesome! Satoshi clubbers don’t forget to follow @blankwallet and https://twitter.com/BlankWallet 🚀

Mary | Satoshi Club:
Ready for the 6th and last question from this part?😀

Aleksandras G.:
Yep!

D. | Satoshi Club:
Q6 from Telegram user @KevSalom
I read that Blank Waller has a kind of selective privacy that allows us to customize to who we provide transparency. Tell us about this, how is it set up, in what situations will this be useful, in what situations would I want to be transparent?

Aleksandras G.:
So this is referring to the optional proof-of-funds report.
Generally speaking:
You, the user, can create a report which displays proof of which addresses Your money came from (effectively getting rid of the whole privacy aspect). However, this isn’t on the blockchain and serves as a report which You could then use as proof to anyone You’d like. As outlined before, this is likely mostly needed for when You wish to comply with centralized exchanges or government institutions (if they ask You to show proof of where Your money came from).

D. | Satoshi Club:
Cool feature! so it’s like ‘optional privacy’ in Zcash?

Iman:
It has a similar idea, but as Aleksandras stated, in our case, if the user wishes to reveal his identity, he can do so off-chain and only for chosen entities. While with Zcash, you would reveal your address publicly to everyone.

In that sense Blank’s public’ mode is still a lot more private than Zcash’s.

Mary | Satoshi Club:
So, you think can your users can face issues with centralized exchanges, right? If they use privacy features.

Aleksandras G.:
It will likely come from the compliance aspect or future government regulations. Without this report, they may have issues, but that’s why we designed it to have this feature – to avoid any issues for users.

Mary | Satoshi Club:
You will warn your users about this?😀 I think it’s important.

Aleksandras G.:
Actually, it comes down to each exchange has its own policy. Just like some exchanges accept money deposits and others delist money from their exchange.

D. | Satoshi Club:
Big thank you for answers in part 1! @AleksandrasG @ImanHWA we will open chat for 2 minutes after the chat will be closed – you can start select questions from Satoshi Сlub members!

Iman:
Sure, let’s go!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ Femi Oyinloye

Are there any additional or potential benefits of POLS holders or users that you are yet to share with us, pls do that?

Aleksandras G.:
POLS holders holding at least 3,000 POLS tokens for the last 7 days are able to access the exclusive pool to purchase BLANK tokens on the IDO day.

Q2 from Telegram user @ amila | TheFutbolCoin

Why didn’t choose BSC?

Aleksandras G.:
Ethereum currently has the largest ecosystem and largest amount of users.

As mentioned, we are looking to launch on BSC on the future, if it will continue to have a large user base.

Q3 from Telegram user @ Artillery Trade

How can I be sure the money that got into my wallet is not from a drug dealer?

Iman:
The funds you will receive from a withdrawal will always be the same you deposited from your own wallet before. The trick is, that no one else knows which depositing wallet those funds come from, giving you a new identity.

Q4 from Telegram user @ 🤳📱📸SCREENSHOT 📸📱 🤳

What kind of coins can I store in the Blank wallet and is there a fee?

Iman:
Initially, you will be able to store ETH and any ERC-20 token in the Blank wallet. There is a fee, but only for interacting with the privacy smart contracts. Besides that, you can use the wallet like any other browser extension wallet, completely free of charge.

Q5 from Telegram user @ Tuvalunia

Will Blank project have a browser plugin like Metamask, or mobile app, or both?

Aleksandras G.:
We stand for convenience. We’ve personally never used mobile wallets to hold crypto because it’s inconvenient (let alone interact with DeFi applications!) So Blank will only be a browser wallet for now.

Q6 from Telegram user @ Gabriel Lee

What wallet can we use to store BLANK tokens?

Iman:
Any ERC-20 comparable wallet. In the best case, you late store $BLANK inside the Blank wallet. 😜

Q7 from Telegram user @ 🤳📱📸SCREENSHOT 📸📱 🤳

Do you have a token for voting?

Aleksandras G.:
The upcoming BLANK token functionality will include governance. So it will be the same token!

Q8 from Telegram user @ Surendra Satoshi Club

Hello! @AleksandrasG @ImanHWA
How could I join Blank wallet IDO? Are there any requirements to get whitelisted

Iman:
Hello! For info regarding the whitelisting, it’d be best for you to check out our tweet:
https://twitter.com/BlankWallet/status/1365306000505454593

Q9 from Telegram user @ Jolaine #FM Team

How resistant is Blank Wallet to data analysis such as Chain analysis that continually does a deep analysis of the blockchain?

Aleksandras G.:
That’s exactly one of the reasons why we came up with Blank! To prevent chain analytics. Blank’s smart contract greatly reduces the odds of on-chain analytics if certain steps are taken (ie, delayed time between deposit and withdrawal, etc.)

Q10 from Telegram user @ Khalee

How will Blank Wallet incentivize users who want to refer new users? Are there any rewards for newly registered users?

Iman:
As you can check on our Roadmap, we are planning to integrate a referral system! You can read the details of it here:
https://blank-wallet.github.io/extension-whitepaper/book/business-model/business-model.html

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/blankwallet
Medium – https://blankwallet.medium.com
Twitter – https://twitter.com/BlankWallet
Github – https://blank-wallet.github.io/extension-whitepaper/book/BLANK-token/BLANK-token.html

We are pleased to announce our next AMA on March 22nd, 2021 at 02:00 PM UTC Time: Satoshi Club x Jigstack

⚠️Click to see the hour
⚠️Total Reward pool: $1000

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

Part 3: 800$ – A quiz about Jigstack

For more details:
Jigstack – @jigstack
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 8th, 2021 at 03:00 PM UTC Time: Satoshi Club Spanish x Wootrade Spanish

⚠️Click to see the hour
⚠️Total Reward pool: $100

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join La Conexion Crypto Lounge Telegram group
👉 Join Wootrade Spanish Telegram group

We will have the following structure:

Part 1: 50$ /5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 50$/5 users – Open chat for 120 seconds. You can post Max 3 questions. Wootrade Spanish Team will select 5 questions and answer them.

For more details:
Wootrade Spanish – @wootrade_esp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 7th 2021 at 11:00 AM UTC Time: Satoshi Club x BSC.tools

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

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

Part 3: 300$ – A quiz about BSC.tools

For more details:
BSC.tools – @bscdottoolschat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 4th 2021 at 04:30 PM UTC Time: Satoshi Club x Ispolink

⚠️Click to see the hour
⚠️Total Reward pool: $800

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

Part 3: 600$ – A quiz about Ispolink

For more details:
Ispolink – @ispolink
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 3rd 2021 at 05:00 PM UTC Time: Satoshi Club x Wynaut

⚠️Click to see the hour
⚠️Total Reward pool: 4000$ in LP tokens

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Wynaut Telegram group

We will have the following structure:

Part 1: 500$ /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: 500$/15 users – Open chat for 120 seconds. You can post Max 3 questions. Wynaut Team will select 15 questions and answer them.

Part 3: 3000$ – A quiz about Wynaut

For more details:
Wynaut – @whynotrebuild
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Polkacity and our guest was Noah POLC – @PolkaCityCMO, global CMO of @Polkacity, and cmiLian DEV (Carmelo) – @POLCDEV, the developer of Polka City. The AMA took place on 28 February.

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

Gold Rocket | Satoshi Club:
Hello, dear Satoshi Clubbers!
We are pleased to announce our AMA with Polka City
Today our guests are @PolkaCityCMO & @POLCDEV!
Welcome to Satoshi Club,@PolkaCityCMO and @POLCDEV!🧑‍💻👩‍💻

Noah POLC:
Hello Satoshi Club Community.

Mary | Satoshi Club:
Hello, Noah! Welcome here 👍 How’s going?

cmiLian DEV:
Hi.

Noah POLC:
Thank you, team! Everything is good on our side. How about you?

Mary | Satoshi Club:
We are great as well! 👍 So, let’s start our AMA 🚀
Could you please introduce yourself and tell us how did you start with PolkaCity?

Noah POLC:
I am Noah, global CMO of @Polkacity. I have more than 5 years of experience in digital marketing and now working for Polkacity as a team member. We have finalized our token sale one week ago with great success thanks to my marketing strategies 😁 30 seconds hardcap.

cmiLian DEV:
Hi, I am Carmelo, the developer of Polka City. I have been working in the software industry for over 20 years, of these 13 of them for Microsoft and the rest for my own company. We started Polka City after realizing there is much more that could be done with NFTs that have not been done.

Mary | Satoshi Club:
How long did it take you to the idea about PolkaCity and its launch?

Noah POLC:
We were planning this project for more than 5 months but trends changed rapidly. At the end of the final discussions, we have decided to launch Polkacity with NFT and DeFi features to attract crypto investors with recent trends.
Also, we are planning Polkadot integration in Q3-Q4.

Mary | Satoshi Club:
Thank you, guys! Really great introduction! I see that you’re working fast and deliver only the best for your community! And now if you agree we can start with the questions from our community 😉

Noah POLC:
Correct but first let us share the recent updates. Our project, @Polkacity, is a unique, fully contract-based Polkadot, DeFi and, NFT combined virtual currency investment platform. We aim to innovate the Crypto industry with stackable 3D and AR (Augmented Reality (https://t.me/POLCNews/37)).

The progress so far?

• The Public Sale finished on 21st Feb (Last Sunday), as we reached the Hard-Cap (500 ETH were raised) almost instantly (within 30 seconds). Thereafter, we got listed on Uniswap, Bilaxy, CoinGecko, Coinmarketcap, Delta app, Blockfolio, SafePal and Coinstats immediately.
• We have a Uniswap trade bot protection in our contract; therefore, Uniswap daily volume (https://www.dextools.io/app/uniswap/pair-explorer/0xb5bd39fc0c57d902271ba6c5cd89c1510a37c0dd) reflects 100% real volume.
• The NFT platform (https://www.polkacity.io/service/assets-for-sale) is also launched, where one can do buying/selling of digital virtual NFT assets like taxi, hotel, disco, restaurant, hotdog stand, car wash, etc. These digital assets, it gives an opportunity to asset owners to generate weekly passive income depending on the asset type.

POLKACITY IS A LIVING CITY NOW!

We just launched our #NFT platform where you can get digital virtual assets like #taxi #hotel #disco #hotdog #shoppingcentrehttps://t.co/Ln2XLLBNZmhttps://t.co/2JJuZ8PtL4#NFTs #DeFi #BCS #Polkadot pic.twitter.com/xmFM3PWHc8

— Polka City (@PolkaCity) February 23, 2021

While here are some noticeable public reactions on the platform from our community:

https://t.me/Polkacity/15355
https://t.me/Polkacity/17640
https://t.me/Polkacity/16349
https://t.me/Polkacity/15459
https://t.me/Polkacity/15457

• Also, our NTFs are tradable on Opensea (https://opensea.io/assets/polka-city-asset) now.

Upcoming Goals

• 3D and AR NFT platform launch (Beta release of our current product)
• Mobile App
• NFT marketplace
• Polkadot Integration.

Complete roadmap here: https://www.polkacity.io/#roadmap

At this point, we are focused on organic growth with the AMA series since market conditions are not good enough for aggressive marketing. We will start aggressive marketing with some popular YouTubers and Twitter Influencers once the market turns green again.

cmiLian DEV:
This was done 6 years ago. Implemented now on Polka City.

Mary | Satoshi Club:
You will also have your own wallet?😀

Noah POLC:
Yes! Maybe a dapp in SafePal. Still discussing the best option.

cmiLian DEV:
We will either have our own or build a Safepal dapp.

Mary | Satoshi Club:
Thanks, guys! We can discuss almost all this during our first part😉 I know that we have questions regarding your NFTs😀

Noah POLC:
Sure. Let’s move forward!

Gold Rocket | Satoshi Club:
Q1 from Telegram user @tony253210
The biggest problem of use NFTs is that major that NFTs are just collectibles and don’t have a real use case at all, so can you explain what is the usage of your NFTs?

Noah POLC:
Really good point. Our NFTs are not like ordinary ones. We have added DeFi features to our NFTs. Our NFT holders will get weekly passive income thanks to their digital virtual NFT assets.

Mary | Satoshi Club:
Is this passive income fixed?

cmiLian DEV:
Here is an example.

https://opensea.io/assets/0x57e9a39ae8ec404c08f88740a9e6e306f50c937f/255

Noah POLC:
Yes. feel free to check our asset types and return percentages below:

https://www.polkacity.io/service/assets-for-sale

cmiLian DEV:
The description tells you the profits.

Noah POLC:
Depends on the asset (NFT) types. Expensive assets mean bigger profits.

Gold Rocket | Satoshi Club:
I want a Lamborghini😁

Noah POLC:
Ah then you can get one:

https://t.me/POLCNews/71

Mary | Satoshi Club:
Do remaining units mean that the quantity of assets is limited?

cmiLian DEV:
Yes. They are limited. New ones will be minted in even lower amounts.

Noah POLC:
Yes! Big assets like hotels, shopping centers, etc. are limited to 50.

Mary | Satoshi Club:
I already checked the prices 😂

Noah POLC:
Not high right?

Mary | Satoshi Club:
Yes, especially comparing with real hotel😂

Noah POLC:
Lol 😂 Maybe one day It’s price can be equal to a real one if the POLC token goes around $10 😁

cmiLian DEV:
All of these current NFTs will be rarely found in the future. As polc raises in prices, the less will people want to sell them.

Noah POLC:
This is our main target!

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

Noah POLC:
Yes. Go ahead, please.

Gold Rocket | Satoshi Club:
Q2 from Telegram user @Luisz2210
Days ago you introduced your brand new innovating augmented reality proposal for the upcoming 3D Polkacity where somehow I can watch my NFTs while in my room, can you tell me what the benefits and usefulness of having a new, relaxing way to oversee NFTs are, and also, is Polkacity holding a launch date right now?

Noah POLC:
Good question. As you know the whole crypto world is in the digital world only. I mean you can see your tokens on your mobile phone or laptop only. AR technology helps you to see them a bit more real. 😁 So you can motivate yourself better about having a digital hotel or a taxi.
Imagine a shopping center like this.

Gold Rocket | Satoshi Club:
This is truly incredible. 30 years ago for these words, we would have been taken to an insane asylum😂😂😂

cmiLian DEV:
They still are in some places lol.

Noah POLC:
Yes, however, we should keep pushing the limits!

Mary | Satoshi Club:
So, these NFTs mostly will have the same functionality, just we will be able to see them in 3D format, yes?

Noah POLC:
Not only in 3D but also in AR. Also, you will be able to modify it before purchasing in Beta. Make it more unique and sell on Opensea, Rariable our in our own upcoming marketplace in future for higher prices!

Mary | Satoshi Club:
It has sense, I personally have a small experience in ‘upgrading’ NFTs and I like this process.

Noah POLC:
Thank you for your support, Mary!

Mary | Satoshi Club:
I even don’t know what I like more – process or profits from it😂 So, we can enjoy twice with your NFTs😉

Noah POLC:
Yes! It can be your “own” NFTs too 🙂

Noah POLC:
We are innovating the NFT world. I hope you have noticed that 😎

Mary | Satoshi Club:
Sure! I have never seen such kind of project before and I like this!

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

Noah POLC:
Yep!

Gold Rocket | Satoshi Club:
Q3 from Telegram user @costurera3000
All Polkacity assets have a limited amount of inventory. In case there are no plans to add more items to the inventories, will the users be able to negotiate between themselves the purchase/sale of the assets of the city?

Noah POLC:
Yes, we are planning to add more like taxi drones, electric bikes, airports, hospitals, trains, etc. We will also create a community poll to get ideas from our community.

Mary | Satoshi Club:
Wow! Taxi drones😀 Do you plan to add these new assets after the current will be sold?

cmiLian DEV:
There will also be status NFTs that will give you special benefits as citizen stead of polc. Governor for example. Advertiser NFTs.

Mary | Satoshi Club:
So, you plan to make a real digital city😀 Virtual.

cmiLian DEV:
Yes, logical and viewable.

Mary | Satoshi Club:
And yellow drones will bring profits to my laptop screen every day😂

cmiLian DEV:
Yes.

Mary | Satoshi Club:
I like this, I have a feeling that in some years we won’t have needed to go outside of our houses😂
Thank you for your answers! Ready for the next question?

Noah POLC:
Yes!

Gold Rocket | Satoshi Club:
Q4 from Telegram User @h1drX
On your platform you say the following: “In an effort to prevent bot trading, the token can only be transferred once per block. This can cause failed transactions if token use becomes popular.” How to solve it in case of failure?

Noah POLC:
We have an option to close it 🙂 Dev will explain.

cmiLian DEV:
The contract has an on/off switch and a whitelist for wallets to bypass this feature.

Noah POLC:
We thought every single detail in this project 😎

Mary | Satoshi Club:
Yes, bots are a real pain now. Did you already use this feature?

Noah POLC:
Yes. 0 bot trade! As you know Dextools shows bot trades on the above screen with a red icon.
https://www.dextools.io/app/uniswap/pair-explorer/0xb5bd39fc0c57d902271ba6c5cd89c1510a37c0dd

Mary | Satoshi Club:
That’s great! But can your algorithm be wrong?

Noah POLC:
Nope. It has been audited also.

https://t.me/POLCNews/20

cmiLian DEV:
When bots try they get their second transaction reverted resulting in just buys. :). They realize this and stop using them.

Mary | Satoshi Club:
Thanks, guys, your attention to detail is impressive. Ready for the next question?

Noah POLC:
Yes. Go on, please.

Gold Rocket | Satoshi Club:
Q5 from Telegram user @chzrles
Polka City is a totally different investment platform with a very interesting approach, allowing you to buy virtual assets as if it were a game. However, it strikes me that such an ambitious project and with so many goals on its roadmap, has been made by the “genesis team” of only 4-5 people and after the project is completed it will belong to the investors. Why was it decided this way? What will happen next to the “genesis team”?
By the way, tell us about your team? I think these are very creative and extraordinary people. how many people do you have, what do they do?😉

Noah POLC:
Sorry I didn’t get the question honestly. If he is asking that ” Polkacity team has a lot of updates in their roadmap, will they deliver all with limited team members” – The answer is “yes”.

Mary | Satoshi Club:
Yes, also, I think he means that you will give governance to your users. And what will you as a team do after governance will be launched?😀

Noah POLC:
Because Carmelo has his own development team. We have added his name only. Secondly, we are hiring some companies instead of creating all from zero. For instance, we have agreed with a company to get 3D design tools & designs.

cmiLian DEV:
We are not that limited, remember I own a company that has developers.

Noah POLC:
Onecloud.

cmiLian DEV:
We will need more designers and game developers in the future.

Noah POLC:
Important decisions will be taken through the community polls. For instance, we are discussing migrating BCS due to the insane Ethereum Network gas fees. We will create a community poll and the community will give the final decision once our dev team completed its research on BCS migration.

Mary | Satoshi Club:
What is your personal opinion about this migration?

Noah POLC:
Would be good since we are losing small investors due to the high gas fees. No one wants to buy 50$ worth of assets by paying an additional $50 gas fee.

Mary | Satoshi Club:
Ok, guys, only one 6th question left for this part😀 Ready for it?

Noah POLC:
Yep.

Gold Rocket | Satoshi Club:
Q6 from Telegram user @garrinepotter
How many rounds of pre-sale do you have planned? Can we still get into the project at low prices and how many tokens are in the hands of investors now? By the way, are you selling only tokens, or is it already possible to buy NFT?

cmiLian DEV:
Presale already passed, hardcap was met in 30 seconds.
You can buy NFTs now on our website. Https://PolkaCity.io

Noah POLC:
We have planned a private sale and a pre-sale. Both closed a week ago with quick hardcaps. At this point, you can buy POLC tokens from Uniswap (https://app.uniswap.org/#/swap?inputCurrency=0xaa8330fb2b4d5d07abfe7a72262752a8505c6b37) and Bilaxy (https://bilaxy.com/trade/POLC_ETH) only. You can also buy NFTs from our NFT sale page (https://www.polkacity.io/service/assets-for-sale)but only POLC tokens acceptable as a payment method.

Mary | Satoshi Club:
Guys, I was trying to count how much in $ was your token price on pre-sale but not sure if I counted right. Can you tell me?😀

Noah POLC:
It was around 0.13 USD.
The private sale price was 20,000 POLC/ETH.
The pre-sale price was 15,000 POLC/ETH.
Let’s say we have saved our investors from the current market dump 🙂

Mary | Satoshi Club:
Yes! Sure, it’s a bit painful now🤦 but your investors should be happy! Because I know how hard to get in any pre-sale now😂

Noah POLC:
Btw, we have sold 1.5M USD worth of NFT assets after the platform launch – in 4 days. You can verify the TXs here: https://etherscan.io/address/0xad334543437ef71642ee59285baf2f4dacba613f#tokentxns
We believe that early investors are happy.

Mary | Satoshi Club:
If you will move to BSC it will be much easier to buy POLC😀
Thanks for this great discussion! I am almost your citizen😂

Noah POLC:
Yes. We will do.
😂😂 You can be a mayor one day then.

Mary | Satoshi Club:
Btw, are you ready for collaboration with other NFT projects?

Noah POLC:
Depends on their quality honestly. We are looking for some reputable partners and exchanges nowadays.

cmiLian DEV:
We are now OpenSea compatible.

Mary | Satoshi Club:
And we are close to the live part now! Are you ready for it?

cmiLian DEV:
Yes.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ i thingking about me || cari modal untuk nikah

Does Polkacity provide a special NFT for investors who have it in advance and how the NFT asset price system can explain how to set the NFT price?

Noah POLC:
Yes, we will have. Some assets like the airport will be totally unique in Polkacity. All asset prices will go 20% monthly. The first increase has been done 2 days ago.

Q2 from Telegram user @ Baby

I read a line on your website, ‘The more people are in a city, the more profits a hotel can make’. What does this mean, Is it possible to build our own city by bringing friends, families, or acquaintances and ask them to own Virtual Investments too?

Noah POLC:
Good question. Citizens mean asset holders. Asset holders get an extra 0.0001% for each new citizen. We will have a referral program in the future where you can get a referral bonus by inviting your friends, families…

Q3 from Telegram user @ Johnny ℹ️🅿️

🙋‍♂️Hello. Hearing the name POLKACITY, I was thinking your platform was built on Polkadot. But from your Tokenomics, I discovered you are running on Ethereum. Why don’t you consider integrating with Polkadot most especially now that Ethereum fees are neck-breaking?

cmiLian DEV:
That’s the plan, our goal is to allow you to move between chains as you please.

Q4 from Telegram user @ Cengizhan Tekin

✅ PolkaCity seems to me as simulating real life which is a great innovative idea. What I am not clear is, will everything depend on NFTs? Let’s say I own a taxi, and a taxi brings daily income in real life. Will my profits from this taxi asset only depend on the value of the NFT which is usually determined by auctions or P2P sale; or is there a system that might bring daily income depending on some other parameters?

cmiLian DEV:
The NFT values are stated on the sale contract, in the Taxi, for example, the more citizens on the platform, the more profits.

Q5 from Telegram user @ Kushal

Hello! @PolkaCityCMO
@POLCDEV
What is your plan to increase awareness about your project and NFT use case? How do you plan to grow and increase the attraction of investors in the future?

Noah POLC:
We have noticed that Influencer marketing is the best marketing strategy in the current crypto world. We have tried this and got 100% perfect results in pre-sale. We will go for higher influencers (YouTubers especially) to spread our platform however current market conditions are not good for aggressive marketing.

Q6 from Telegram user @ Hakeem

Where can I get information about your asset types and their return percentages?

cmiLian DEV:
These are stated on each asset sales item.

Q7 from Telegram user @ Nguyenthanh

All information regarding the ownership of the NFT will be automatically uploaded to the Blockchain, the records will show on
the Ethereum network with high traceability and transparency, that means all NFT transaction will use ETH and have high fees, how did polkacity solve high gas fee that ETH have?

Noah POLC:
We will solve this problem with BCS migration.

Q8 from Telegram user @ Garri

When will the referral program work and what will be its essence? For what actions will the smoothing person receive a reward?

cmiLian DEV:
The referral platform is scheduled for the end of next qtr. You will earn polcs for each new citizen resulting from your referrals.

Q9 from Telegram user @ Rosemary Bianco

Did you like the AMA at Satoshi Club?

Noah POLC:
Let’s chose an easy question 🙂 Yes, we really liked it. Amazing admins and really huge participation rates!

Q10 from Telegram user @ Hakeem

For me to get a hotel, how many POLC tokens will I have or beholding?

Noah POLC:
Please check the asset types and returns here: https://www.polkacity.io/service/assets-for-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 Community – https://t.me/Polkacity
Twitter – https://twitter.com/PolkaCity
Opensea – https://opensea.io/assets/polka-city-asset
WebSite – https://www.polkacity.io

Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Trodl. The AMA took place on February 27th, 2021 and our guest was @cs_trodl.

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

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

Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers! We are pleased to announce our AMA with Trodl Today our guest is @cs_trodl!😊

Andrés M. | Satoshi Club: @cs_trodl it is an honor for us to have you here today. How are you?😃

Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @cs_trodl!

Kuldeep | Trodl.com: Hey thanks for having us today its our pleasure to be here 🙏

Gold Rocket | Satoshi Club: Thanks for joining 👍

Andrés M. | Satoshi Club: Let’s make an exciting and interestings AMA session for the community 🥳@cs_trodl Could you introduce yourself and tell us more about Trodl Wizard?

Kuldeep | Trodl.com: Excited for the AMA

Andrés M. | Satoshi Club: Same 😁

Kuldeep | Trodl.com: Hello everyone, My name is Kuldeep Singh and I am the founder and CEO of trodl.com. Trodl is the next generation crypto information platform designed to connect the world with the future of finance. It is the first fully interactive crypto information platform designed to be your gateway to the crypto world.

Gold Rocket | Satoshi Club: Sounds good👍

Andrés M. | Satoshi Club: How this idea came to your mind? I mean to create a platform of this type

Kuldeep | Trodl.com: Scattered crypto information and lack of interactive crypto information platform are proving to be a major entry barrier for crypto mass adoption. We wanted to create a crypto information platform which is fully interactive and has best user experience to offer and thats how we started building trodl almost a year back.

Andrés M. | Satoshi Club: Amazing idea, definitely we need more ideas like that to increase the adoption of cryptos

Kuldeep | Trodl.com: Well every crypto startup is trying to build next DeFi mania but very few working to create a platform which solves basic level problems such as scattered crypto information, improved better experience and transparen flow of information

Gold Rocket | Satoshi Club: That is, it is somehow connected with social networks?

Kuldeep | Trodl.com: Well i would say its an advanced version of reddit + telegram fully packed with crypto information

Gold Rocket | Satoshi Club: I think this should be a very promising resource.

Andrés M. | Satoshi Club: Which benefits it offers different to that social networks that you mention?

Kuldeep | Trodl.com: So trodl is next level crypto information platform which allows its users with all the required crypto information in one place. A fully interactive platform that allows users to connect with seasoned crypto traders, follow their crypto portfolio, and purchase price signals with confidence.

Andrés M. | Satoshi Club: I agree with you, actually I’m excited to prove your platform 😁

Kuldeep | Trodl.com: You would love it!

Gold Rocket | Satoshi Club: thank you for your intro! ready to proceed to the questions from Satoshi Clubbers?😊

Andrés M. | Satoshi Club: Let’s go @cs_trodl

Q1 from Telegram user @lzamg

 Can you tell us about the trodl points (TRP)? Is this the project’s native token? Can you explain with more details about the utilities of TRP? Where and when will we be able to acquire TRP?

Andrés M. | Satoshi Club: Good question

Kuldeep | Trodl.com: Sure so Trodl Points ( TRP ) is the native token of trodl ecosystem. TRP is used for Platform utility, user incentive and platform governance. Users can earn TRP in several ways, by building up reputation on the platform, by staking, by contributing accurate and verifiable crypto information. TRP can also be staked to mint Trodl Credit which can be used to pay for post boost, advertisement, Transaction Fees and mint NFTs.

Andrés M. | Satoshi Club: How many tokens is the minimun amount for staking?

Kuldeep | Trodl.com: Users can stake as low as 100 TRP

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

Kuldeep | Trodl.com:

Here are some of the major use cases of TRP

Here you can check complete tokenomics https://drive.google.com/file/d/12G-QSmynknuqTnZEyrjm_W2hzzLnbLwx/view

Gold Rocket | Satoshi Club: nice use cases👍

Kuldeep | Trodl.com: We call it Trodlnomics 😊

Andrés M. | Satoshi Club: Haha yes 😁

Gold Rocket | Satoshi Club: good find😁

Andrés M. | Satoshi Club: And how is posible to create a reputation in the platform? do you have a like and dislike system or something like that?

Gold Rocket | Satoshi Club: Thanks for the answer! Ready for the next question? Or do you want to add something?

Kuldeep | Trodl.com: Trodl reputation is the secret sauce to keep trodl spam free and encourage users to only share relevant and verifiable content. Sure

Andrés M. | Satoshi Club: Thank you for the answer

Q2 from Telegram user @magnatech_ve

The first phase of the project talks about monetizing direct messages, can you explain a little how that function will be? Will the community be in charge of conducting the massive tests?

Kuldeep | Trodl.com: Trodl DM monetization feature allows users to put a paywall on their DM which acts as a filter from unwanted messages. So for an example i can only allow people to message me if they are willing to pay me $100 for my 30 seconds of time by doing this i will only get messages from genuine parties and i can then decide if i wanna refund back the fees or keep it. You all must have encountered tons of messages on telegram asking for $10 worth of ETH or send me 1 ETH and will send 10 ETH back schemes. No more spamming and no loss of business either

Gold Rocket | Satoshi Club: lol! this is very smart! 😁

Andrés M. | Satoshi Club: Ohh great feature, so many people could use the platform as a work

Kuldeep | Trodl.com: Exactly!

Andrés M. | Satoshi Club: So, users can charge a fee to show their posts and trading advices with the community?

Kuldeep | Trodl.com: Yes so content creators can monetize their content with over 100 crypto assets

Gold Rocket | Satoshi Club: Your website says that the community is validates content. How to do it?

Kuldeep | Trodl.com: Unlike twitter and telegram where so called crypto influencers always get away with false and incorrect content by simply deleting it. Trodl allows users to counter any information shared on the platform by staking TRP to back their claim. If the counter is true original content creator gets penalized and the users who countered the content gets incentivised. So if i post something which is factually incorrect users can counter me and i will get penalized for being wrong

Andrés M. | Satoshi Club: The platform is only for crypto information or the users can post info about whatever they want?

Kuldeep | Trodl.com: Its just for crypto

Gold Rocket | Satoshi Club: Thanks for the answer! Please tell us more about your team! I saw on the site these are pretty young guys😊

Gold Rocket | Satoshi Club: What functions do they perform, how many people?

Kuldeep | Trodl.com: Haha sure. Lead by me and Vinod, a team of 7 full time members are building trodl at rapid pace. We also have 3 contract employees. Imagine Patreon powered by your favorite crypto

Andrés M. | Satoshi Club: I like so much the idea. Haha yes, spam messages are something common in Telegram

Gold Rocket | Satoshi Club: This means that the user have to be a very popular person so that everyone wants to pay for communication with him

Kuldeep | Trodl.com:  Exactly so lets say i wanna reach out to a crypto VC through trodl platform i am happy to pay $100 as i know my message won’t go their spam folder and high chances i will get my money back.

Gold Rocket | Satoshi Club: now the meaning is clear to me.

Andrés M. | Satoshi Club: So interesting, that’s what I need here 😁

Gold Rocket | Satoshi Club: Thanks for the clarification😉 ready for the next question?

Q3 from Telegram user @Highpee

 The Total supply of $TRP is 1,000,000,000 and only 25.50% of this is allocated for token sale. Out of the 25.50% of Tokens allocated to sale, 18% of it has already been distributed in a seed and private sale and you are only going to make 3% of sale allocation available to the public through an IDO that will be determined later. Who are those who participated in the seed and private sale and how are you going to ensure they won’t dump the token to the detriment of other public investors when the price is favorable to them? Lastly, when and how do you intend to carry out the public IDO?

Kuldeep | Trodl.com: Ok so let me take a moment to answer this

Andrés M. | Satoshi Club: Take your time

Kuldeep | Trodl.com: Unlike many IDO projects now a days we have been building trodl for over a year now and we have a fully working product. We raised our early backers round in Mar, 2020 followed by seed later in 2020. All of our seed and private investors are  industry heavy weights who are not looking for short term gains. Some of our backers include, Etiënne from TRGC, Mantrdao, Jeff from Trustswap, Altcoinbuzz Founder, Boxmining, Kenzi from AU21 Capital. Since we aren’t raising big most of the investors had to join in their individual capacity.

Andrés M. | Satoshi Club: A very clear answer

Kuldeep | Trodl.com: We have offers from several leading IDO launchpads and we will take a decision on this in next couple of days😊

Andrés M. | Satoshi Club:  So about it have you auditted the project?

Kuldeep | Trodl.com: We will go through dual audit before we go live!

Andrés M. | Satoshi Club: Great, it is a great topic to increase the trust of the users

Kuldeep | Trodl.com: We are also backed by the founder of https://www.zokyo.io/ a leading a market-leading blockchain technology company with a mission to secure and build Web 3. Yes i totally agree on that and security is our top most priority.

Andrés M. | Satoshi Club: Congratulations for for giving the importance it needs

Gold Rocket | Satoshi Club: thanks for the answer. ready for the next question?😉

Kuldeep | Trodl.com: Always

Q4 from Telegram User @Z0ryan

Based on your roadmap, you have decided to collect all the market trends on one platform – DAO, Launchpad, NFT Marketplace, Crypto Games, Prediction Marketplace, Crypto Information Platform etc. And all this should be launched by the end of 2021. It seems that these are the plans of a huge corporation. Tell me, how many people are working on all this and how much do you estimate the possibility that you may be late with something?

Kuldeep | Trodl.com: Great question so as i mentioned before we have been working on the platform for over a year now and we have already completed development of main platform and we have also plugged in a contractual team to help us speed up the development process and we are very confident of delivering everthing as per roadmap.

Andrés M. | Satoshi Club: I read at your Trodlnomics about Trodl Pro that will be launched in Q3 of this year, could you explain more about that? Trodl Pro* what it means? which features it will have?

Kuldeep | Trodl.com: Sure. Trodl pro allows users to go completely add free and enjoy full access to various technical indicators.

Andrés M. | Satoshi Club: Oh great, so they’ll have the option to acces of the complete features of the platform, how much it will cost for users?

Gold Rocket | Satoshi Club: Your roadmap says about crypto games, it’s very interesting, how will this be implemented?

Kuldeep | Trodl.com: So we believe crypto gamification can help users learn things much faster and simulate with dummy data before betting with real money and keeping that mind we will be introducing several fun games which will allows users in understanding crypto and trading in a fun and simplified way.

Gold Rocket | Satoshi Club: good feature! 👍 Thank you very much for the answer. Can we proceed to the next question?😉

Kuldeep | Trodl.com: Absolutely

Q5 from Telegram user @Antoni_azx

 So far I really like Trodl website and its minimalistic design, but I feel like there’s a lot of valious missing information on Medium and the access to a whitepaper, do you have one? What is Trodl’s principal announcement and informative channel?

Kuldeep | Trodl.com: Yeah so we have been kind of building in stealth mode until now and getting the product right has been our main focus but i see where you coming from we will soon make an official medium announcement with a detailed post about trodl and all the features which you can expect at launch. You can subscribe to our medium blog at https://blog.trodl.com/ or join our announcement channel @trodl_ann to stay upto date.

Gold Rocket | Satoshi Club: please do not forget to share with our community

Andrés M. | Satoshi Club: Yes, we will be waiting for news about it

Kuldeep | Trodl.com: Definitely 👍

Andrés M. | Satoshi Club: Now we have the last question of the part 1 😃

Q6 from Telegram user @victorogb

 Trodl has made a bold step by venturing into a niche content validation and publications which is quite popular within the crypto/DeFi space. However it seems only contents that have high Trodl staking points from validators are deem as “accurate and right”. Don’t you rather think this validatory process alone wouldn’t be totally efficient, being that the validation is left entirely to the validator/user who stakes Trodl points, and are there other validatory processes aside from that stated above?

Kuldeep | Trodl.com: Waitlist submission is live at https://trodl.com/ those who wanna be part of closed beta testing can jump on and fill the form. We have an exciting gift for the first 50,000 users which we will announce in near future. Trodl validators are normal users who wants to take part in content validation and to make them accountable for their actions its important to have something at stake. Every validator will be staking a fixed amount of TRP.

Part 2 — live questions from the Telegram community

Q1 from Telegram User @cengizhantekin

✅ I see an NFT target on your roadmap. What is your plan with NFTs?

Kuldeep | Trodl.com: So on trodl every community has its own meme collection where users can contribute memes and by integrating NFT marketplace we provide opportunity to meme creators to monetize their work.

Q2 from Telegram User @adamlike

Do you require KYC confirmations for investing on your token and project for presale?

Kuldeep | Trodl.com: It depends on which IDO platform we launch.

Q3 from Telegram User @nadee5

💧Can I know the minimum amount of TRP to stake to become a validator ?

@cs_trodl

Kuldeep | Trodl.com: Any user can become a content validator on trodl by staking 10,000 TRP

Q4 from Telegram User @Sumione

What are the ways to buy $TRP ? how do I join your public sale

@cs_trodl

Kuldeep | Trodl.com: Hey so we will publish more information about this in coming days you can join our group @trodl or subscribe to @trodl_ann for latest announcements from the team

Q5 from Telegram User @Kushal85127939

Q How Trodl team assist Publisher? Is there any Whitepaper or videos for beginners?

Kuldeep | Trodl.com: If you have used medium or LinkedIn you will find trodl publisher dashboard very familiar and we will also publish a video in this regard.

Q6 from Telegram User @alice_wonderland12

🔥How is the signal trading experience in Trodl? What is the minimum profit average that a trader would need to be allowed to give signals? Also, this reputation, would it be settled solely by the community, or will the team have some participation in here? Considering that the community is not necesarily an expert in this terms

Kuldeep | Trodl.com: Hey so we will allow traders to import their previous trading history which will help them in setting up their initial reputation on the platform also they can start with free signals which will help in building reputation. There is no minimum % gain threshold as buyer will be able to see the profit potential before they unlock the signals and they can decide if they wanna unlock signals which have lower % of gains or not.

Q7 from Telegram User @nadee5

📌Can I know more about “Trodl Credit” ?

@cs_trodl

Kuldeep | Trodl.com: Trodl Credit is the currency used to pay for advertisement and services on trodl platform the only way you can get hold of Trodl Credit is by staking TRP.

Q8 from Telegram User @centoscu

How is the governance vote works on Trodl ecosystem and what do I need to have a governance vote privilege?

Kuldeep | Trodl.com: Unlike other social media platforms which are controlled by board of directors and CEOs Trodl platform will be governed through TRODL DAO, enabling decentralised control and evolution of trodl ecosystem.

Q9 from Telegram User @Emmie971

How will you ensure that you gain new users steadily; do you have a strategy to attract people?

@cs_trodl

Kuldeep | Trodl.com: We have a solid go to market strategy in place and along with our strategic partners we are very confident of attracting thousands of users.

Q10 from Telegram User @Kushal85127939

Q Can you please give us an overview of Trodlenomics? And is there any plan for TRP native tokens burn, mint, or issue new tokens in future?

Kuldeep | Trodl.com: Trodl Points has a fixed supply of 1b TRP out of which 25.5% tokens have been allocated for sale, 40% ecosystem reserve, 20% team funds, 12% for liquidity and marketing and 2.50% for strategic advisors. We will introduce a burn mechanism in near future. You can read the complete tokenomics at https://drive.google.com/file/d/12G-QSmynknuqTnZEyrjm_W2hzzLnbLwx/view

Part 3 – Quiz Results

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

Group: https://t.me/trodl

PART 1. Introduction of Digital Fitness and community questions.

 Hello, Satoshi clubbers and guests of this site. Today we will present you with a crypto project that will keep you in good physical shape.
 Digital Fitness is A unique system of Synergy Health and rewards for achieving success. Now you don’t have to leave the house to see a doctor.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @madamlobster and Luis Merino 🇪🇸 | Satoshi Club – @LuisMe7

The Representative of the project:

Denis CDO | 360Wellness – @playza23 The Chief Digital Officer and Crypto Lead of ‘Digital Fitness

Kevin | 360Wellness – @ataraxia360 Founder and CEO of 360Wellness

Introduction of Digital Fitness.

Luis merino 🇪🇸 | satoshi club:

Hello everyone and welcome to another ama session with Satoshi club. Today our guests are from digital fitness.

@ataraxia360, @playza23 welcome! Feel like at home 😉

Mary | satoshi club:

Hello, satoshi club! We are happy to announce our ama session with digital fitness #defit! Welcome to satoshi club😀

Denis cdo | 360wellness:

Hi, mary.

Kevin | 360wellness:

We already do! Thank you and glad to be here with you.

Mary | satoshi club:

Hello, Denis  and Kevin! Happy to see you here today!

Denis cdo | 360wellness:

Great to be here and thanks for setting this up! We are excited

Luis merino 🇪🇸 | satoshi club:

We are excited too 😄

Mary | satoshi club:

We are also! I really like your project and want everyone to hear about it🚀

Denis cdo | 360wellness:

Sure, we are here to give a lot insight into the project and happy to share all our visuals + videos too.

Mary | satoshi club:

Sure! It’s fantastic! I know you have a lot of awesome materials to share! So, let’s start our journey to the digital fitness planet😀

Kevin | 360wellness:

That’s what we’re here for 🙂 got a pretty good warmup already in our channel!

Mary | satoshi club:

Let’s start with introduction 😀 please, introduce yourself to our community and of course digital fitness #defit!

Denis cdo | 360wellness:

Cool, I’m Denis , the chief digital officer and crypto lead of ‘digital fitness’ $Defit – (360wellness is our parent company)

My background is in social media with over 11+ years of experience in the sector with digital content creation and marketing initiatives with a leading sml firm based in Singapore.

Mary | satoshi club:

Nice to meet you😀

Luis merino 🇪🇸 | satoshi club:

11 years! Great background 😄

Denis cdo | 360wellness:

I’ve been in crypto since early 2017 and stopped my job back then to fulfil this passion. Kevin and I were close flat mates in Singapore, and we did training in triathlon and weight lifting.

Mary | satoshi club:

I already told today that 2017 brought to crypto a lot of gems😉 and you’re definitely one of them!

Denis cdo | 360wellness:

Yes, it really did!

Kevin | 360wellness:

And here I am. My name is Kevin, founder and CEO of 360wellness.

Mary | satoshi club:

Wow! So, it was your brilliant idea.

Kevin | 360wellness:

I’m French but moved to Singapore in 2013 where i lived for 7 years as head of product management and engineering for the Asia pacific region.

Worked 12 years for the 2nd largest automotive parts manufacturer, a German company named ZF until I resigned to found 360wellness.

Mary | satoshi club:

Your background really exciting!

Kevin | 360wellness:

Sport has always been there in my life and beside my career I got hooked in triathlon a few years ago and became a competitive ironman athlete.

Luis merino 🇪🇸 | satoshi club:

Sounds amazing Kevin 👏😁 Ironman athlete! Not everyone can say that so, congratulations 😉😉

Kevin | 360wellness:

So naturally started to coach athletes remotely which led me to this company project. Building a decentralized fitness platform and wellness community.

Luis merino 🇪🇸 | satoshi club:

Isn’t difficult to coach athletes remotely?

Kevin | 360wellness:

Absolutely not. I myself had a coach building and uploading my training plans into an app i used back then.

Denis cdo | 360wellness:

Kevin has been in a lot of ironmans! 😁

Kevin | 360wellness:

By the people for the people. So, what’s more natural to have our own decentralized currency. And Denis came into the picture to create with me $defit. And here we are today 🙂

Mary | satoshi club:

It’s really something new, i saw a lot of projects here, but nothing comparing with digital fitness 😀

Denis cdo | 360wellness:

Yes, the live class integration with crypto hasn’t happened yet! At least from what we can see

Mary | satoshi club:

I saw some projects, but they failed. They were not so complex. What is the main concept behind digital fitness?

Denis cdo | 360wellness:

Yes that is true however we already have the mobile app developed, not many projects in cryptocurrency have something built before the coin sale

Luis merino 🇪🇸 | satoshi club:

You are right Denis  👏

Mary | satoshi club:

Oh, it’s a real pain🤦 they’re selling air sometimes.

Denis cdo | 360wellness:

Exactly 😅

Kevin | 360wellness:

So that’s a good one. Over the years I’ve been very close as you can imagine to many athletes and coaches. I raced 16 ironmans in the last 5 years. Well before the pandemic started. And came to realize how millions of endurance coaches, freelance instructors for fitness, yoga, etc. struggle to build and grow their businesses. They’re not really tech nor marketing savvy.

So we decided to build the ultimate platform for them to do that.

Mary | satoshi club:

Luis merino 🇪🇸 | satoshi club:

An experienced one 👀😊

Denis cdo | 360wellness:

Thanks for sharing our team!

Mary | satoshi club:

Btw, guys, I also want to add this! Your team is really great!

Kevin | 360wellness:

Thank you I am so blessed to have had so many brilliant people joining me to make this project a reality.

Denis cdo | 360wellness:

It’s not only Kevin and me on the project but we have 4 core teams and a couple extended. On top of that, we are working with 3 tech teams now, 2 are shown, and just got our first major pr firm onboarded today.

Mary | satoshi club:

Yes, also I like how you are planning to bring the fitness world onto the blockchain 🙂

Kevin | 360wellness:

Yes, imagine. A large crypto influencer today has what? 100,000 subscribers on youtube?

Mary | satoshi club:

Wow, I need to think😉

Kevin | 360wellness:

We got two full-time tech teams working on our mobile and web applications. And many more partners for $Defit who will be supporting us. But can’t really disclose everything so soon can we? 😜

Mary | satoshi club:

We like hints and secrets here😀

Kevin | 360wellness:

Imagine tomorrow fitness influencers above 1m followers holding and shilling $defit.

Mary | satoshi club:

This will be huge! If social media can help even in presidential elections, so they will definitely help in making digital fitness great!

Kevin | 360wellness:

You’re absolutely right.

Luis merino 🇪🇸 | satoshi club:

Just saved your sticker pack. I love it 🥰

Kevin | 360wellness:

We got a great designer indeed. Few more packs in the making 😉 we love to create!

Denis cdo | 360wellness:

Yes we’ve got 2 main parts on why we’ve brought our project over onto the blockchain, they are:

1. Bringing the large fitness influencers onto the blockchain

And rewarding our community for the achievement of their goal. It’s time to bridge the gap between the two as crypto is becoming more mainstream. It’s the perfect time for it.

2. The gamification of the app is a major part of what we have planned to build as well. We have seen how many benefits users and coaches will be able to get from all the token uses.

 

Luis merino 🇪🇸 | satoshi club:

Denis cdo | 360wellness:

Let’s take a moment to watch our video promo ad we’d like to share.

Built by Kevin and our amazing video designer!

Luis merino 🇪🇸 | satoshi club:

Amazing video Denis ! Thanks for sharing it 😊👏

Mary | satoshi club:

Your designer knows what he is doing👍

Luis merino 🇪🇸 | satoshi club:

Indeed 😁

Kevin | 360wellness:

You know sometimes it’s just about being at the right place at the right time. I’ve quit my job to found 360wellness in late 2019.

When the pandemic came we had our full project specs done, UI/UX completed, and a team of 5 software engineers full time. So we kinda got an ahead start over everyone shifting to online fitness massively

Denis cdo | 360wellness:

Thank you, Luis and Mary! We can also later go through a few videos on our product demo.

Luis merino 🇪🇸 | satoshi club:

Kevin, Denis, are you ready to start with our amazing community questions? 😉

Denis cdo | 360wellness:

Sure.

Kevin | 360wellness:

Sure! Bring it on

Luis merino 🇪🇸 | satoshi club:

Preselected questions about the Digital Fitness project.

Mary | satoshi club:

Q1 from telegram user @meml97

On your app, you have these classes we can take, but we have to pay for every one of them. Do you have plans on adding free classes to your app? Also, on your web it says that our progress will be checked through these classes, are they the only way to have stats and an evolution track on your app?

Kevin | 360wellness:

Yes, our product concept is fully decentralized which means that every trainer can get this digital space to exist by themselves within our ecosystem and build their client base and sell their services. It’s a pay-as-you-go model. Our end goal as the number of participants increase is to bring the cost per pax down to as low as 0.50cents. Some trainers we talk to today have 1,800 participants to their live classes on ig. Imagine everyone paying 50 cents…making it affordable to everyone via the scalability of online

Today every live class has preset wellness benefits added to your tracker. We are now working on connected wearables integration which means you can sync your Garmin, Suunto, Polar, Fitbit devices as well. Get everything in one place 😉

Mary | satoshi club:

Yes, I know that live classes are really popular now and they’re expensive. With 360wellness they can be much cheaper 😀 I just downloaded your app, can you give me advice on how I should start to use it? 😉

Kevin | 360wellness:

The average price today for the last 4 months is at 7.5usd. The more participants we get the lower the price will go

Mary | satoshi club:

I am joining 😂

Luis merino 🇪🇸 | satoshi club:

Only?! 😳

Mary | satoshi club:

It’s cheaper to train with 360wellness than lay on the sofa and watch Netflix 😂

Luis merino 🇪🇸 | satoshi club:

You are right 😂😂😂 Indeed, live classes have been very popular since covid started and some coaches are taking advantage of the situation with huge prices

Kevin | 360wellness:

I want it to become 50cents per participant! 1,000 participants for one public live class will bring 500usd to the coach. Good for him, affordable for the community

Denis cdo | 360wellness:

Ok sure I can show some videos for the product demo

Hope you’re all ready for our live product demo with some videos! Turn on the sound for the full experience 😃

Denis cdo | 360wellness:

Mary | satoshi club:

Sure🚀

Denis cdo | 360wellness:

https://esatoshi.club/wp-content/uploads/Company_Coaches_Classes.mov#t=0.1

How did you like it?

Luis merino 🇪🇸 | satoshi club:

Pretty useful video! 🎉

Denis cdo | 360wellness:

We can share a couple more to dive deeper into our 360wellness tracker.

Mary | satoshi club:

Of course! We need them all! Very nice video! It will really help me! And of course, our Satoshiclubbers 🚀

Denis cdo | 360wellness:

Yes, that is the idea!

So you’ll be able to add not only through the connected wearables and live classes the activities you are doing but also manually too.

https://esatoshi.club/wp-content/uploads/Digital-Fitness-Fitness_AddActivities.mov

Mary | satoshi club:

A lot of great material!

Yes, I started to discover app and… What can I tell, guys, you’re here in time😂 summer soon and we want fitness for our bodies!

Denis cdo | 360wellness:

Yes, great idea mary haha! Always great to prepare for that time. And cut down the food intake!

Mary | satoshi club:

I am afraid that Satoshi club will lose me😂

Luis merino 🇪🇸 | satoshi club:

😄😄😄 Great function 😊👍  👏👏👏👏👏👏

Denis cdo | 360wellness:

Let’s, go into nutrition now. Since we have 4 parts, fitness, nutrition, recovery, and feel.

 

https://esatoshi.club/wp-content/uploads/Nutrition_SetNewGoal.mov

Denis cdo | 360wellness:

Ok 2 more quick videos coming

This one is quite important, not many fitness app have this where you can track your emotions and wellness too.

https://esatoshi.club/wp-content/uploads/Feel_AddReport.mov

Mary | satoshi club:

Emotions? Fantastic 🚀

Denis cdo | 360wellness:

Yes, its like your own personal weekly diary of emotions. Very powerful when you have a bad day and look back in the week with many awesome days of emotions!

Mary | satoshi club:

I am a bit afraid 😂

Kevin | 360wellness:

Keeping emotions in check is first time towards mindfulness and the overall inner balance we aim to promote.

Mary | satoshi club:

That’s true! We need it! Especially now, when we have some dumps😂

Luis merino 🇪🇸 | satoshi club:

Btw, is it possible for me to register as a coach?

Kevin | 360wellness:

Haha good question. I was waiting for that one. We only got onboard 30 trainers last september to run the soft launch until now.

But we will launch our web app in march where from the website (our brand new website coming up on march 10th) every professionals can access the web application to create their company and team of instructors.

Luis merino 🇪🇸 | satoshi club:

Thank you for your answers.

Denis cdo | 360wellness:

1 final video and probably a key element is to share with your friends and get fit together, making sure you get healthy together and it makes it much more enjoyable!

Mary | satoshi club:

🚀🚀🚀

Denis cdo | 360wellness:

https://esatoshi.club/wp-content/uploads/Class_ShareWithFriends.mov

Kevin | 360wellness:

Waiting list has been growing ever since but we’ve been focused on building the foundations and validating our business model and technology up to now. But sales and marketing campaign starting in april 😉

Mary | satoshi club:

Thanks, guys! Amazing answers and presentation!

Denis cdo | 360wellness:

Awesome!

Luis merino 🇪🇸 | satoshi club:

Kevin | 360wellness:

It helps to have a ready product 🙂

Mary | satoshi club:

Are you ready to proceed? We have 5 more questions in this part 😀

Kevin | 360wellness:

Sure please.

Denis cdo | 360wellness:

Sure.

Mary | satoshi club:

Q2 from telegram user @jesusfre1tes

One of the most important elements to drive new resurgent platforms is marketing. What marketing strategies have digital fitness used to drive its decentralized business model? I read that your base of operations is located in Singapore, one of the world’s financial epicenters, what benefits has this brought to your platform? Do you plan to expand outside the Asian markets?

Kevin | 360wellness:

Our teams are working remotely across 12 locations. Southeast Asia is our most strategic focus for this year as it represents a 670m population and very lean in the audience, early adopters of new technologies, and quite an uncompetitive market with no local big player in the space, unlike the USA, India, or China. So establishing ourselves as the online fitness company in the sea is a priority one before aggressively rolling out globally.

Denis cdo | 360wellness:

Yes, our base of operations is in Singapore and we have already been recognized for our efforts with the following award!

Over 600 companies from Asia were a part of this competition and we came out on top in all categories! A lot of work was done to get there and we are happy to have been awarded this prestigious achievement. This has helped us get recognized for our marketing initiatives too.

Luis merino 🇪🇸 | satoshi club:

Congratulations on that! #1 in everything? 😄

Denis cdo | 360wellness:

Thank you! Yes, we gained the top spot on votes!

Kevin | 360wellness:

That was great recognition indeed 🙂

Mary | satoshi club:

How many users do you currently have?

Kevin | 360wellness:

We are close to hitting the 3,000 marks. Maybe after this AMA? 😃

Mary | satoshi club:

So, we are early birds🚀🚀🚀

Luis merino 🇪🇸 | satoshi club:

Not bad 😉 Count on that 😳Satoshiclubbers are the best 🎉

Denis cdo | 360wellness:

Yes, congrats on 46k members!

Kevin | 360wellness:

We also attended the APAC fit summit. Quite a humbling experience being there sitting at the table next to the greatest names in the industry like ClassPass, mind-body, etc…these are over $1b companies so being there and acknowledged and praised for our product  concept was amazing

Luis merino 🇪🇸 | satoshi club:

Btw, when opening the app, I am asked for permission to use my GPS, what is its use?

Kevin | 360wellness:

Go to your calendar and you will see your location and integrated weather forecast.

Mary | satoshi club:

Really happy that we find you at the very beginning 🔥 Oh, I will never forget my umbrella with your app😀

Kevin | 360wellness:

It’s just for that reason and updating all the live class time according to where you are. Haha.

Luis merino 🇪🇸 | satoshi club:

Sounds great 👏

Kevin | 360wellness:

We are very strict user privacy policy and GPDR compliant from start. Never ever we will sell our user data. You have my word here.

Luis merino 🇪🇸 | satoshi club:

That’s very important! 👏

Mary | satoshi club:

That’s a very good point! With this, you will have full trust from your users!

Kevin | 360wellness:

Our business model allows so many monetization strategies that we don’t need to sell data. This is one of our core principles since the start.

Mary | satoshi club:

I like this principle 😀 , to be honest, I personally very careful with my data sharing

Denis cdo | 360wellness:

Yes so are many other crypto savvy people 😀

Kevin | 360wellness:

Oh by the way. We recently started to reach out to brands for partnerships. We got a few we can share with you to get a 30% discount using the 360wellness promo code. In case you are interested

Mary | satoshi club:

Yes, of course, we are👍 And now we’re back to this question 😉

Kevin | 360wellness:

Wanna know which ones now or later?

Luis merino 🇪🇸 | satoshi club:

Not yet!

Mary | satoshi club:

Never put off later what you can do now😀

Kevin | 360wellness:

Who got the last word?

Luis merino 🇪🇸 | satoshi club:

We have a question from the community somehow related to that.

Denis cdo | 360wellness:

We could share one of them 😉

Luis merino 🇪🇸 | satoshi club:

So maybe you can share it later 😉

Mary | satoshi club:

Let’s move to this question and we won’t have a disagreement 😂

Kevin | 360wellness:

Let’s continue with the questions for now

Denis cdo | 360wellness:

Sure

Luis merino 🇪🇸 | satoshi club:

Mary, the third question is knocking on the door 😉

Mary | satoshi club:

Q3 from telegram user @lzamg

360wellness has partnered with several health and fitness professionals, so I would like to know if it’s possible for independent health professionals to be part of your project and contribute as an instructor or nutritionist? If you are open to that, what would be the requirements to be part of the 360wellness team?

Luis merino 🇪🇸 | satoshi club:

This one 😉😉

Mary | satoshi club:

And here we go 😄

Kevin | 360wellness:

Ha-ha, ok deal.

Luis merino 🇪🇸 | satoshi club:

Denis cdo | 360wellness:

Mary | satoshi club:

It’s me after using your app😂

Kevin | 360wellness:

We got our early adopters in September. The objective was to keep it a small community to test and approve the platform. Identify their needs. Collect as much feedback as possible from them and give them a head start.

But from April onwards we will welcome everyone. There will be a process to follow from our website and upon validation, you’ll be live on the platform.

The web app has a growth hacking module that lets coaches sync all their social accounts to invite in mass their community to come over. Converting unknown fans into identified users and building an awesome wellness community 🙂

And yes we have a social wall coming as well with no bs algorithms. Remember ig in the good old times?

Mary | satoshi club:

I think, yes😄

Denis cdo | 360wellness:

Yes, we are going to be fair and even let more people who don’t have much reach get featured on our platform. Here is to giving value to the little guys!

Kevin | 360wellness:

So happy to welcome you from April onwards and help you build and grow your business 😉

Luis merino 🇪🇸 | satoshi club:

😂💪

Kevin | 360wellness:

Does Fitness apparel or swimwear?

Mary | satoshi club:

First fitness😉 Please.

Kevin | 360wellness:

Fitness wear for women 🙂

https://fitty.store/

Use 360wellness when checking out to enjoy a 30% promo code. Let me tell you a bit more about why we do this. I documented my triathlon journey on Instagram and grew up to 12k followers.

Mary | satoshi club:

Do you still want me to moderate ama? Or I can go shopping! 😂😂😂

Luis merino 🇪🇸 | satoshi club:

😂😂😂😂😂😂

Denis cdo | 360wellness:

Hahaha oh no mary please resist the urge 😂

Kevin | 360wellness:

I was constantly reached out to by brands offering me ambassador or sponsoring deals. And I thought hold on a second. If I can get 50% off brands with 12k followers on ig, what if tomorrow we have a community of 1m sport and fitness enthusiasts?

So here we go.

Small brands can’t exist with big ones spending millions in marketing. Making 80% gross margin to fund huge marketing campaigns.

Mary | satoshi club:

I really like your complex approach 👍

Kevin | 360wellness:

So it’s a fair deal to tell the brands to partner up with us, we give a discount to our communities, take a commission and promote your brand to our community for free. Win-win for everyone. Power of the community combining purchasing power.

Mary | satoshi club:

Sure, it’s really the situation when everyone is happy! And what about swimwear?😉 summer is near!

Kevin | 360wellness:

Then this is the one you need for this summer. 360wellness promo code for 30% discount

https://swozzi.com/

Luis merino 🇪🇸 | satoshi club:

All the money I save using your app will be used to buy here 😂

Kevin | 360wellness:

To buy Defit coins.

Mary | satoshi club:

Ahaha😂

Denis cdo | 360wellness:

* mary has left the chat *

Mary | satoshi club:

You feel my mood 😂😂😂

Kevin | 360wellness:

This Australian swimwear brand is used by Aussie Olympians and the owner is a fantastic and inspiring lady!

Mary | satoshi club:

Btw, the swimwear for Luis also😉

Kevin | 360wellness:

She does triathlon too that’s how we know each other.

 You save with the app to buy coins and get wealthier. Tell me how it could be better than that.

Mary | satoshi club:

It can’t be, it’s perfect 👍

Denis cdo | 360wellness:

Yes, and you’ll also be getting rewarded with the Defit token.

Mary | satoshi club:

Thank you, guys!

Denis cdo | 360wellness:

Here are some benefits coming for user tier levels!

Kevin | 360wellness:

But you gotta have to deserve it once we launch $Defit 😉

Luis merino 🇪🇸 | satoshi club:

I want to be a diamond! Well, I want to reach diamond level, it’s not the same.

Mary | satoshi club:

I think I know which question will be next😂 We blended all questions, but today’s discussion deserves this😉

Ready for the next question, guys! It will continue our discussion?

Luis merino 🇪🇸 | satoshi club:

Denis cdo | 360wellness:

Yes please continue!

Kevin | 360wellness:

Can’t wait for it, loving them so far.

Luis merino 🇪🇸 | satoshi club:

Satoshi club members rock 🚀

Mary | satoshi club:

Q4 from telegram user @victorogb

It’s really interesting and innovative to see how the team has been able to perfectly combine fitness, wellness, and DeFi all within one ecosystem. Having this in mind, how do you tend to keep or encourage your clients and customers who have signed up to your service to diligently maintain their fitness and wellness regime or program while taking full advantage of the DeFi opportunities of your project?

Kevin | 360wellness:

Wow that’s a complex question 😅 Let me try to structure my mind first. First i believe in the saying what’s being tracked get managed.

Mary | satoshi club:

Take your time 😀

Kevin | 360wellness:

So our wellness tracker, which we’ve tried to build in a way that doesn’t require too much manual input so people don’t do it, but requires enough so we can make sense of it and guide people (trust me Cyril our CPO and sport scientist doesn’t compromise on meaningful recommendations scientifically sound)

Encourage people to stay accountable.

Then who doesn’t love rewards to stay motivated. Here Defit come into the picture with our fully evolutive NFT’s based on your own wellness journey characteristics. Denis may complete.

Luis merino 🇪🇸 | satoshi club:

If anyone doesn’t love rewards, he/she is not a real human 😂

Mary | satoshi club:

Do you know such people? 😂 I don’t.

Luis merino 🇪🇸 | satoshi club:

Me neither 😂

Denis cdo | 360wellness:

So yes, the NFT’s can be an integral part to how people will evolve in their own fitness journey.

Mary | satoshi club:

Really, are you talking about non fungible tokens?

Denis cdo | 360wellness:

There are other ways as well based off the achievements you get from doing the parts of the tracker related to the coin such as reaching certain goals and getting rewarded.

They can start off as a 28-year-old male newbie in the fitness space based off a noobie NFT and evolve into a muscular and fit instructor over their journey. This can be highlighted with the NFT and it is evolving along the way too.

On top of that, we have other ways to encourage people to stay with us such as top 10 participants of live classes and reach their goals

Mary | satoshi club:

Bitcoin airdrop? 😳

Denis cdo | 360wellness:

Here are some added benefits as well, we thought it would be great to reward top holders, give quarterly bitcoin airdrops (everyone knows about bitcoin) to bring the masses onto the app, and also do our buyback and burn. Yes of course based off our profits 😃 How much of a bitcoin is the question 😁

Mary | satoshi club:

Yes, it’s really attractive 👍 but for me, #Defit is better, more space to grow😂

Denis cdo | 360wellness:

Yes, we wanted to make sure the masses come over because of the name of the bitcoin, then they can learn more about Defit. Bitcoin will always be the gateway name as many people know about it.

Mary | satoshi club:

It’s logical! But I and Luis like old crypto lovers know what can pump more😂😂😂

Kevin | 360wellness:

Well more likely to 10x in the short term.

Mary | satoshi club:

You know😉

Luis merino 🇪🇸 | satoshi club:

Bitcoin? I prefer Defit 🙄

Denis cdo | 360wellness:

Haha, thanks!

Kevin | 360wellness:

I love this Mary!! I think we may offer you an ambassador role post this ama.

Luis merino 🇪🇸 | satoshi club:

I would use that bitcoin to exchange it for Defit 😂

Kevin | 360wellness:

What do you say? Ok Luis too you both got it.

Luis merino 🇪🇸 | satoshi club:

My dm is open to that kind of proposals 😉

But I am only interested if I earn Defit 😳

Denis cdo | 360wellness:

Haha, awesome. Yes, as you love Defit here are the tokenomics!

Denis cdo | 360wellness:

Luis merino 🇪🇸 | satoshi club:

Thanks for the image Denis ! Very helpful and clear.

Mary | satoshi club:

Low supply and everything I like😂

Kevin | 360wellness:

You got an exclusivity here by the way

Denis cdo | 360wellness:

Yes, we got a great sales launchpad partner. One of the best to work with for doing the tokenomics.

Mary | satoshi club:

Team tokens will be locked?

Kevin | 360wellness:

Probably the first time we share it yet so please keep it secret for now.

Denis cdo | 360wellness:

Yes, 1 year. And 1 more year vesting as well.

Mary | satoshi club:

Of course, just 46k users will know this secret 😉

Luis merino 🇪🇸 | satoshi club:

Hahaha 😂😂😂😂😂

Luis merino 🇪🇸 | satoshi club:

Don’t worry Kevin, Satoshi club loves secrets, they won’t tell it to anyone 😉

Mary | satoshi club:

Thank you for your answers! Ready for the next one?

Denis cdo | 360wellness:

Yes! Let’s go

Mary | satoshi club:

Q5 from telegram user @kevsalom

One of the things that caught my attention about your application was the tracking of emotions through what you called the feel index. Explain to us how this works… based on what data, background, or formulas can you estimate a person’s emotional well-being and generate reports and all that? I’m very curious, does it work, has it been tested?

Give us your formulas, please 😂

Kevin | 360wellness:

I wish we had Cyril here as he’d love to answer that one.

Kevin | 360wellness:

But I will try to the best of my ability.

Mary | satoshi club:

Sure 👍

Luis merino 🇪🇸 | satoshi club:

Go for it 💪

Kevin | 360wellness:

We are actually not measuring one well being. But we’re helping one to identify and classify his emotions by categories.

You know life is 10% what happens to you and 90% how you react to it

Mary | satoshi club:

Yes😂

Denis cdo | 360wellness:

I’m bringing in reinforcements for this question! Bare with me as I get an answer from our chief product officer, as he is the brain as well behind the emotion tracker.

From Cyril: the feel report is a mix between scientific-based research (eg, the poms score = profile of mood state) and empirical-based findings from scientists

Luis merino 🇪🇸 | satoshi club:

Wise words 🤓

Denis cdo | 360wellness:

We’ve gathered both to make a unique assessment of the user, including 40 items (30 positively orientated, 10 negatively orientated)  that he can easily fill to get a daily self-compared evaluation

Mary | satoshi club:

It’s interesting 😀

Kevin | 360wellness:

Having this info though helps us to help you identify patterns. E.g. Increasing training load resulting in shifting emotions as we noticed in the past etc.

Or neglecting sleep tends to negatively affect you emotionally etc…

Luis merino 🇪🇸 | satoshi club:

Good point 👏

Denis cdo | 360wellness:

Yes we wanted to push the positive emotions in our app, we think having more of those options can help with wellness and moving people in the right direction too

Mary | satoshi club:

So, each user will be able to check this index himself?

Kevin | 360wellness:

Absolutely right. And you may have noticed the in-app messaging system at the bottom of the main screen that you can swipe up?

Every day Cyril is sending carefully selected educational content and wellness tips to our users

Mary | satoshi club:

No, but I will discover more😀

Wow, Cyril is an educational god😀

Denis cdo | 360wellness:

Yes, and I think it’s a great time to show our company roadmap of what is coming for the rest of the year.

Kevin | 360wellness:

Over time we are aiming to personalize these recommendations more and more based on each individual.

Luis merino 🇪🇸 | satoshi club:

Love it 🤩

Mary | satoshi club:

It’s really wise

Kevin | 360wellness:

E.g. Life stage (pregnancy etc..) Gender etc

Denis cdo | 360wellness:

Kevin | 360wellness:

Talking ai is non-sense with 3,000 users

Luis merino 🇪🇸 | satoshi club:

Thank you for sharing your amazing roadmap 👀

Mary | satoshi club:

First, I want to ask about the April sale😀

Kevin | 360wellness:

But definitely going into this direction once we hit a million users next year to help reduce Cyril workload through machine learning 😅

Mary | satoshi club:

Which will be the requirements for it?

Kevin | 360wellness:

Yes, the sale Denis. Tell us.

Mary | satoshi club:

How much should I prepare? 😂

Luis merino 🇪🇸 | satoshi club:

Lmao 😂😂

Denis cdo | 360wellness:

Yes, so we are going for a 1,152,000 USDT raise. We are having 3 rounds, angel, private, and public rounds. Angel and private will come at the same time end of q3, the public will follow shortly after.

We have 2 launchpad sales partners who are both mid-capped and well-known names in the crypto space.

Luis merino 🇪🇸 | satoshi club:

Can we know who are they? Or not yet? 😅

Kevin | 360wellness:

We’ve already said a lot

Denis cdo | 360wellness:

They would like us to keep it a secret until closer to the date of the sale, so you’ll have to stay tuned.

Kevin | 360wellness:

And we’ll leave them the honor of the announcement

Mary | satoshi club:

Don’t forget to share with us when this will go to the public, please 😀

Denis cdo | 360wellness:

Even though we can’t share this information it is not too far off at the end of March!

Mary | satoshi club:

We like to know the news first here😉

Denis cdo | 360wellness:

Sure, we can definitely have that planned as you’re the first ama we are doing.

Mary | satoshi club:

It’s a real honor for us!

Kevin | 360wellness:

We definitely won’t miss doing that. Large token allocation to the sale, low market cap, I was told it sells like hotcakes, Is that true?

Mary | satoshi club:

Ok, I understand, we will stay tuned 👍

Denis cdo | 360wellness:

One part I can share which is quite important is we are going to be an ERC-20 token to start but will want to integrate to either the Binance smart chain or Polkadot.

Mary | satoshi club:

Yes, in some cases in seconds.

Kevin | 360wellness:

Sounds great. Quite a small raise relatively compares to some other projects. We’ve raised successfully our seed-round funding on equity and our platform is already live so you know, the value of $Defit in our ecosystem is what truly matters to us now.

Mary | satoshi club:

You have a use case and real working product, this speaks itself.

Denis cdo | 360wellness:

As we scale up and our goal is to get to 1 million users by late 2022 which we believe is possible based off attracting all the coaches and them bringing their users on board we have to make sure the gas issues on eth don’t come so we are looking at alternatives.

To integrate at the least

Mary | satoshi club:

Yes, the words gas issues I hear maybe hundreds of times per day.

Kevin | 360wellness:

Can’t make the live class price at 50 cents and make you pay 10usd for the gas fee 🙅‍♂️

Mary | satoshi club:

Oh no🤦 true. Thanks, guys! We are close to the 6th and last question from this part! Are you ready for it?

Kevin | 360wellness:

Yes

Denis cdo | 360wellness:

Yes

Luis merino 🇪🇸 | satoshi club:

I’m back guys, I went for a coffee.

Kevin | 360wellness:

You won’t sleep tonight …

Luis merino 🇪🇸 | satoshi club:

I wasn’t going to sleep either. Much great info received from this AMA. I’m excited about your private sale 🚀

Denis cdo | 360wellness:

Did you pick up the swimwear too?

Luis merino 🇪🇸 | satoshi club:

I will pick it up when the ama finishes.

Mary | satoshi club:

He calls it ‘coffee’😂

Luis merino 🇪🇸 | satoshi club:

How do you know that? 😅😜

Mary | satoshi club:

Q6 from telegram user @atrine12

Will your app stay free? Your app is only for coaches and those who follow do you believe in your team and the progress of this project? How do you want it to last among the bigger projects? This is guaranteed.

Kevin | 360wellness:

Yes and yes. I believe no one should be paying for data analytics. And our goal is to empower wellness for everyone. Membership free no commitment pay as you go.

Mary | satoshi club:

Can I ask you an off-topic questions back to your roadmap?😀

Denis cdo | 360wellness:

Yes sure.

Luis merino 🇪🇸 | satoshi club:

Mary being mary… 🙄😂

Mary | satoshi club:

I will rename myself questionmary😂

Luis merino 🇪🇸 | satoshi club:

Great one! 😂

Kevin | 360wellness:

So, once you pay for the coaching services you consume but not for tracking your wellness. It’s also membership-free for coaches unlike all other platforms out there. Removing all entry barriers to those who don’t want to pay upfront. We are 100% commission-based. Coach success is ours.

I left my job 1.5 years ago and full time on 360wellness ever since. I would be a fool if I didn’t believe in the enormous potential of this project. And we have what it takes to make it happen. Ideas are cheap. Execution is key.

Mary | satoshi club:

I think that everything is easily possible for you and your team!

Luis merino 🇪🇸 | satoshi club:

Mary | satoshi club:

NFTS roll out. What is this?

Kevin | 360wellness:

Our investor NFTS will come earlier. This is referring to how we gonna gamify the app even further by creating unique and evolutive NFTS for coaches and users.

Mary | satoshi club:

I am asking because NFTS is my passion, after shopping 😂

Luis merino 🇪🇸 | satoshi club:

Imagine shopping NFTS 🤯

Luis merino 🇪🇸 | satoshi club:

😂😂

Mary | satoshi club:

I spent almost all my money doing this😂

Luis merino 🇪🇸 | satoshi club:

If it’s your passion, it’s worth it 😉

Mary | satoshi club:

But now I know that I need to leave the rest for #defit😉

Luis merino 🇪🇸 | satoshi club:

Great choice 👀

Kevin | 360wellness:

Imagine you start your journey with a basic one. And depending on your own journey, whether you are more into running with your connected device, or yoga lives class or meditation you collect unique features that evolve the character 😍 One that’s you.

Denis cdo | 360wellness:

The ultra-powerful NFTS of the future!

Kevin | 360wellness:

See this as a spiderweb with multiple routes you could take on your journey

Denis cdo | 360wellness:

Yes, and we just got an amazing idea today about if you’re upgrading your NFT  to certain levels you’ll get exclusive classes to top instructors 1 on 1 or privilege’s as well. So you’re doing your best to get to those next NFT  levels

Mary | satoshi club:

Really brilliant idea 👍

Luis merino 🇪🇸 | satoshi club:

I like the idea, Denis! Very innovative 👏

Mary | satoshi club:

I feel, that we can talk here more and more, but I know that our members are waiting with their questions ready for the live part😉

Luis merino 🇪🇸 | satoshi club:

I feel the same 😄

Denis cdo | 360wellness:

Yes sure let’s proceed. Happy to get their questions.

Mary | satoshi club:

So, we will open the chat for 120 seconds😉 Wait and right after it will be closed you can start to answer 👍

Luis merino 🇪🇸 | satoshi club:

@ataraxia360 an ironman is less tough than choosing only 10 questions of the huge bunch arriving… Prepare yourself 😉

Kevin | 360wellness:

I am not quite sure yet.

Luis merino 🇪🇸 | satoshi club:

Opening the chat in 30 seconds 👍

Kevin | 360wellness:

I am well prepared for an ironman and know what’s coming.

Mary | satoshi club:

Luis, hold your fingers on open/close button 😉

Luis merino 🇪🇸 | satoshi club:

Go!

Denis cdo | 360wellness:

PART 2.Questions about the Digital Fitness 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 Digital Fitness 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 @Gutike95

I understand that Digital Fitness has INTEGRATED LIVE CLASSES, but will they really be available at all hours? How many people can be connected in a single session? and the facilitators are fully trained and specialized in Life Fitness?

Kevin | 360Wellness:

Yes absolutely as we will have trainers across all time zones so classes at any time of the day and night for shift workers. We only have now what we call public live classes with an unlimited number of participants. With the upcoming web-app through Trainers will be able to set limited seat number for some to deliver great attention and feedback or even offer one on one coaching online. When a trainer submits via our web app a company registration we will run due diligence before approving and publishing them.

Q – 2 from a telegram user @JoxesXIII

Your project offers authentic live classes, can these classes be private or can they also be directed to a group of people such as a session or class in Zoom would be? 

Denis CDO | 360Wellness:

Yes they can be both private 1 on 1 sessions, Trainers can plan for that in the app as well as with large groups of people. You can also turn off your camera if you want to stay private in the group sessions and be anonymous.

Q – 3 from a telegram user @BlancaSdF

This project on which blockchain is running, on Ethereum? or what do you think about using blockchains that allow easy interaction with users (low costs)?

Denis CDO | 360Wellness:

Yes, it will start on the ERC-20 standard but we will be integrating other blockchains with it most likely Polkadot or Binance Smart Chain since we understand that the gas fees are a tremendous pain to anyone using the Ethereum blockchain.

Q – 4 from a telegram user @centoscu

Do you have a smart contract for 360Wellness project and are you auditing it regularly for increasing the security of the ecosystem?

Denis CDO | 360Wellness:

Yes, we have a smart contract that our Sales Launchpad partner has built. It is also mandatory to do an audit with them to ensure that the smart contract is rug-proof.

Q – 5 from a telegram user @sofiaisla

You say that 360Wellness is the world’s first wellness habit tracker that allows you to record and analyze everything in one place. How does 360Wellness achieve all this? What other benefits does the app offer me?

Kevin | 360Wellness:

That’s where it all started. As an endurance athlete, I started using apps to track my training load, intensity, Heart rate variability, power, etc.
Then progress gets harder and you need to optimize everything in your life to make gains. So looking into nutrition I had to download my fitness pal, then Sleep cycle, Calm, etc…and I thought I wish I could get all of this in one place to connect the dots and understand the correlation between all these data. The idea to create a 360Wellness tracker was born. And there was a reason why nobody had done it 😅 We finally found the perfect UI/UX combination to bring it to life 🙂

Q – 6 from a telegram user @hend_rikk

How you compete with other token project projects. considering that now there are many tokens launching and competing to be famous in attracting investors?

Denis CDO | 360Wellness:

We are the 2nd coin to be launched on one of the partner sales launchpads and not only that but these 2 mid-cap big coins have picked us so we have an advantage over many other projects out there going into our sale!

Q – 7 from a telegram user @ronaldo_super

Your team looks great and very dynamic but how do you plan that you can get people’s investments and trust?

Kevin | 360Wellness:

Thank you for the kind words and appreciation. Building trust is what we do best 😉 We’ve lined up amazing partnerships with some of the best launchpads, influencers/promoters, etc. This is only the first of many events coming up in the next few weeks. By the way, do you know Nick Littlehales? The man who taught Cristiano Ronaldo how to sleep. He was live on 360Wellness to teach us how to improve our sleep quality 2 months ago. Check him out on google, we will bring him back for another session 😉

Q – 8 from a telegram user @AmirJosh

You kicking off your advertising campaign about $DEFIT without a new “Digital Fitness” website that explains about the changes or blog that we can read to know what are the $Defit usecases and the benefit of buying it. Why the rush on promoting $DEFIT without materials to be presented?

Denis CDO | 360Wellness:

Yes, you are correct, just for you, we will share this secret. We are going live next week with the brand new revamped website which includes the DEFIT Landing page! Stay tuned for that as we’ve been working for months to make sure it is ready before our sale.

Q – 9 from a telegram user @meml97

On your classes section in your app, I only saw Kpop fitness, fitness dance, and Zumba. Basically, only dancing classes, do you have plans to add more dancing classes (like a salsa class) and have only dances, or do you have plans to add more types of exercises like TRX, CrossFit, Step?

Kevin | 360Wellness:

Yes absolutely. As we mentioned we’ve operated with a restricted amount of trainers from Singapore only in the last 4 months. We got big announcements in the next weeks with a group of 20 trainers specialised in Yoga, Mediation, HIIT etc…waiting for us bring them on. But we had to get the foundations right first before expanding. Our goal? 5,000 trainers by the end of the year and we got a plan to get there!

Q -10 from a telegram user @Cryptonationteam

I have been waiting to join for token sale so when will it be available for the public? I also want to know the requirements to join your sale? How confident are you to raise 1,152,000 USDT? is it a milestone?

Denis CDO | 360Wellness:

Yes there are 3 rounds, Angel, Private and Public. Angel and Private will be exclusively for our Launchpad partners but there are ways of getting into the private with certain criteria. We can’t share at this moment but stay tuned coming into mid-March when those details come!

Special announce.

Part 3 – Quiz about project

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

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