Satoshi Club

Now for something different. HPB is a super-fast, secure, and low-cost blockchain.
At 1pm UTC on Wed 25 Nov we will host a one hour AMA followed by a rapid fire rolling raffle! Satoshi Club x High Performance Blockchain

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join HPB Global Telegram group
👉Score 3/5 in Quiz

We will have the following structure:

Part 1 AMA: $250/10 users – Win $25 HPB for asking 1 of 10 best advance questions. Reply to our Tweet or website announcement by 18 Nov. AMA hosted by Satoshi Club

Part 2 RAFFLE: $250/100s users – Get tipped $HPB to try HPB’s rapid fire rolling raffle, with a 1 in 5 chance of winning 8 HPB in each round! Raffle hosted by HPB Price

Deadline for questions: Wed 18 Nov

$HPB rewards MUST be claimed by 10pm UTC on 25 Nov at HPB Price.

For more details:
HPB – @hpbglobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 13th 2020 at 04:00 PM UTC Time: Satoshi Club x Yield Farmer DAO

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Yield Farmer DAO 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 100 seconds. You can post Max 3 questions. Yield Farmer DAO Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Yield Farmer DAO

For more details:
Yield Farmer DAO – @yieldfarmerdao
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 17th 2020 at 04:00 PM UTC Time: Satoshi Club x Wanchain

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Wanchain 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 100 seconds. You can post Max 3 questions. Wanchain Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Wanchain

For more details:
Wanchain – @WanchainCHAT
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

November is almost on its halfway and more interesting projects come to visit Satoshi Club and tell us about their latest news. And today we would like to tell you about the AMA session with our friends from YFOX Finance. The AMA took place on November 10 and our guest was Tyler, CEO & Founder of YFOX.finance.

The total reward pool was 1000$ and has been splitted in 3 parts.

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 YFOX Finance! welcome to Satoshi Club:grinning: @TYLER_YFOX welcome here :grinning:

D. | Satoshi Club: hello Satoshi club! @TYLER_YFOX hello and welcome! :blush:

Tyler || Y FOX: Thanks for having me here guy’s! special thanks to @madamlobster for helping me getting in 😀

Mary | Satoshi Club: Happy to see you:+1: Let’s start then:tada: Please, introduce yourself and tell us more about Y FOX Finance 😉

Tyler || Y FOX: Hey Satoshi Club! I’m Tyler CEO & Founder of YFOX.finance . I’ve been a trader in past but after observing lack of few stuff, it got me the inspiration to get started with development of YFOX.

Mary | Satoshi Club: Nice start) trading brings great experience 😀

Tyler || Y FOX: indeed it does 😀

Mary | Satoshi Club: Which stuff you needed?

Tyler || Y FOX: We have been a great supporter of DeFi since the beginning but there have always been APY issues for users often a times. That’s what lead me to bring Dual Staking in yfox.finance.

D. | Satoshi Club: dual stacking? what kinda magic is that? but stop! don’t answer! we have question about dual staking in first part of our AMA :joy:

Tyler || Y FOX: YFOX Dual Staking is a dAPP that bridges the gap between the normal staking and the traditional banking fixed deposit method. Y FOX 🦊 Dual Staking brings two types of staking integrated into the same dAPP which minimizes the risk factor gaining good interest on top of it.

Q1 from Telegram user @xaviermaya

You refer on the website to your decentralized exchange where users can easily swap tokens at a reduced fee. Please elaborate. Reduced fees compared to what? To uniswap?

Tyler || Y FOX: Great question! This will be one of our Product YFOX SWAP – where users can swap their tokens on our DEX. How it will be using lesser fees – We will provide the options where a user can decide the speed of transaction and can select the minimal of the fees as well in order to make a transaction (without encountering the transaction failures)

Mary | Satoshi Club: Like in metamask etc?

Tyler || Y FOX: yep kinda same to be precise!

Mary | Satoshi Club: When it will be launched?) I like to reduce fees)

Tyler || Y FOX: its planned for Q1-2021

D. | Satoshi Club: you will implementing L2 solution to your DEX? it will help reduce fees?

Tyler || Y FOX: we are under the experiment and will launch it on testnet soon.

Mary | Satoshi Club: It’s not so far) will you have testing period? Who can participate in testing?

Tyler || Y FOX: yes, will better do a testing – instead of launching a failed product!

D. | Satoshi Club: ok! will be interesting to see the result!

Q2 from Telegram user @ivancryptoz

1840 Tokens will be used for Marketing and Promotions.(8%). They don’t have lockup, so, can you tell us who approves this spending, is this public and how much is left?

Tyler || Y FOX: we decide the spending of same after a team meeting. Yes 1840 $YFOX were dedicated for marketing and promotionsout of which we are left with 1744.97 YFOX. Why no lockup – We never did any presale and we do have to spend some fuel for our mission to the moon. We can only do it by sacrificing our precious $YFOX. However it’s discussed very crucially about where and how to spend any $YFOX. and we are very selective with this, after all we love our $YFOX 🦊

Mary | Satoshi Club: You’re self-funded?)

Tyler || Y FOX: yes, we are self-funded with LP locked on Unicrypt for 2 years!

Mary | Satoshi Club: 2 years is really big term)

D. | Satoshi Club: great! not many projects avoid presale stage

Tyler || Y FOX: we are here to stay for long.

Q3 from Telegram user @pandasbitcoins

When I click on Litepaper or whitepaper, I get nothing. Only an error while clicking on Litepaper. Does it mean that you don’t have them yet or is it some kind of error there?

Tyler || Y FOX: well!
It loads perfectly for me. However we have been asked for the same in a while earlier. Thanks for mentioning the same, will get the devs to work on it.

Mary | Satoshi Club: Oh, it’s nice)

Tyler || Y FOX: You can refer to this if you want to have a look on litepaper in due time!

Mary | Satoshi Club: Btw, i also had a problems with loading)

Tyler || Y FOX: maybe that’s the issue with mobile users in such case! It loads perfectly for me on desktop all the times :laughing:

Mary | Satoshi Club: It’s important to have feedback from users) a lot of Satoshiclubbers checked your site today)

D. | Satoshi Club: yeah same for me. can’t open

Mary | Satoshi Club: I think they resolve this issue quickly :grinning:

Tyler || Y FOX: well that’s exactly when the things get noticed and we get to know the areas to be fixed/worked on it immediately. We have been under DDOS attack often a times though 🙁

Mary | Satoshi Club: This attacks🤦

Tyler || Y FOX: it sucks 😒Most importantly – those threats to fund XYZ amount of ETH to attackers! why would we do that lol

Mary | Satoshi Club: They are crazy 🤦

Q4 from Telegram user @cryptomonkss

In your litepaper, the yearly staking reward is promised to be 200%. Can you tell us how did you come with this number, and don’t you think that so high a % is detrimental to the inflation and the health of the token in general?

Tyler || Y FOX: someone wasn’t able to load it, while another question is from same section of website lol. INTERESTING!

Well that’s the max APY a user can earn and the same is available for limited durations (12 months). After this duration we will launch another contract with reduced rewards!

Mary | Satoshi Club: Will you do the same every year or that will be the final?

Tyler || Y FOX: that will be decided on the interest of the community. We will try to deliver the best we can, to keep them happy. Community first!

Mary | Satoshi Club: Haha, it’s truth :+1:

D. | Satoshi Club: good approach

Tyler || Y FOX: You can’t survive without having a happy community!

Q5 from Telegram user @prahenkris

it’s not very clear for me how will dual staking work? Does it mean that with an amount, users will be able to get twice the benefits? Or just that the platform will have this 2 types of staking available?

Tyler || Y FOX: Well! there is no minimum requirement to participate in Dual Staking program. You can even get started with 0.000001 $YFOX to participate in Dual Staking.
Cool Isn’t it?

Mary | Satoshi Club: Yes:joy: it’s unbelievable)

Tyler || Y FOX: https://yfoxfinance.medium.com/fox-dual-staking-9fd7b8443d4a You can refer to this article for more information on Dual Staking.

Mary | Satoshi Club: For this staking i will need to lock funds?

Tyler || Y FOX: We believe in equality – no such high requirements as 32 ETH to be eilgible to stake ( no offense)

Mary | Satoshi Club: Oh, why not, everyone has 32 ETH:joy::joy::joy:

D. | Satoshi Club: yeah this requirement for eth 2.0 is insane 😀

Tyler || Y FOX: i wish they had. everyone would have been rich!

Mary | Satoshi Club: Yes, but true… But now we can start with $YFOX) So, will i need to lock funds for Dual Staking?

Tyler || Y FOX: yes . nothing comes for free! however, we have tried to keep the locking as minimum as possible. For regular staking – Minimum locking duration is 48 hours. For Fixed Deposit – It takes a locking of 365 (refering to launch time). It will keep reducing with the validity of the contract. Fixed deposit works as same as a Bank!

Q6 from Telegram user @mustache_volodya

It’s very nice that your smart contract is easily found and that it’s audited, but Blockchain Consilium has been into a lot of fire lately. Do you consider performing an audit from more companies?

Tyler || Y FOX: Yes that’s unfortunate to be true. But yes we are aware of the same as well and we are under some crucial developments. Will push it forward to get audited by Certik. I hope this can solve the concern and bring more confidence within the community. 🤞 for the audit though lol.

D. | Satoshi Club: awesome! Certik is a solid company!

Tyler || Y FOX: I hope our budget allows for it though

Mary | Satoshi Club: And if you will change contract in the next year you will need audit again?

Tyler || Y FOX: more likely

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Dhani9460

How can I stake YFOX Can you please tell me the process And how much rewards will I receive if I hold yfox token? And can unstake my token anytime or there a time-lock period?

Tyler || Y FOX: for staking rewards you have to buy YFOX first – even 0.000001 $YFOX can get you started. For rewards, you can get upto 200% of APY.
Yes you can unstake the tokens anytime you want to. However we would like you to enjoy the benefits of YFOX fixed deposit program as well. More details can be found on:
https://yfoxfinance.medium.com/fox-dual-staking-9fd7b8443d4a

Q2 from Telegram user @kun4321

What is the difference between REGULAR STAKING and FIXED DEPOSIT STAKING?

Tyler || Y FOX: Well both of them completes the product DUAL STAKING:

Regular Staking: Regular staking is normal staking in which you can earn passive income with up to 200% APY on top of your staked YFOX 🦊 token.
There are 48 hours of lock-in period on your staked tokens.
However, the fun part is you can claim your gained rewards any time even before the lock-in period is completed.
———————————————————————————————————————————————————————
Fixed Deposit Staking: Despite regular staking Y FOX 🦊 offers an additional staking option that the Defi market has never seen before known as Fixed Deposit Staking. This Staking feature works similarly to the Fixed Deposit (F.D) that is available in the traditional banking system with an annual interest rate for term deposits.
However, Y FOX 🦊comes with the same Fixed Deposit which works in a decentralized manner with up to 250% annual interest rate with 0.69% daily emission. There is a fixed lock-in period of 360 days and no additional fees are charged.

Rewards structure:
● Hourly (60 min) : 0.02%
● Daily(24 Hrs) : 0.55%
● Weekly (7 Days) : 3.88%
● Monthly(30 Days) : 16.66%
● Yearly(360 Days) : 200%
However, there is 1% Staking and 0.5% Unstaking fees that are applicable while interacting with the dual staking Smart Contract.

Q3 from Telegram user @tuvalunia

When will Fox Farming launch?

Tyler || Y FOX: It will be launched as per our Roadmap i.e. Q4 2020.

Q4 from Telegram user @KelierTG

– On which exchange platforms can we find $YFOX listed? Do you have Binance contacts on your itinerary?

Tyler || Y FOX: For now, we are available on Uniswap, Hotbit and Bilaxy. We are also available on Mooniswap – but users often complains about lesser liquidity and high slippage there. That’s why we don’t consider it good to trade there. Only Hotbit, Bilaxy and Uniswap is our recommended one for now. For Binance – Honestly! we are no one to commit the same. It’s their decision and we can’t commit anything related to binance yet.

Q5 from Telegram user @Triwidodo99

Liquidity is very important for me, how about your liquidity?

Tyler || Y FOX: Like mentioned earlier – We have our liquidity locked for 2 years on Unicrypt. However we are working on some developments to bring LP staking for users. This may also solve liquidity issues!

Q6 from Telegram user @Splendicity

We believe in equality – no such high requirements as 32 ETH to be eilgible to stake ( no offense)
The above:point_up_2: statement was made by you .So what’s the minimum i need to have so as to be eligible to stake?

Tyler || Y FOX: you can even stake 0.000001 $YFOX. that’s the only minimum requirement as YFOX is six decimals Token.

Q7 from Telegram user @Alika061

Will Fox Finance create and open staking and farming for the depositors and holders of the $YFOX token itself?

Tyler || Y FOX: Yes we are working on same, along with this – we are working on development of some games as well and we are expecting to launch our NFT’s soon too. Which is out of blue and not there on roadmap either. Couldn’t say much about it yet. Better we deliver it than being said right?

Q8 from Telegram user @Alika061

Partnership and marketing lined up with whom #YFOXFinance will do? and has your smart contract been audited, how can I buy that $YFOC token.

Tyler || Y FOX: We are in discussion with some well known projects for partnerships purpose. Yes our smart contract is audited and same can be found on https://etherscan.io/address/0x706CB9E741CBFee00Ad5b3f5ACc8bd44D1644a74#code

however we are expecting to get audited by Certik soon.

Sure! You can join our Telegram/Twitter handles :
🦊 Website :- https://yfox.finance🦊 Twitter :- https://twitter.com/yfoxfinance🦊 Telegram Community :- https://t.me/YFOX_Finance
🦊 Medium :- https://medium.com/@YFOXFINANCE

Q9 from Telegram user @DiegoRME

Why did you decide to choose the image of the “fox”? Is this a strategy to attract investors to your ecosystem?

Tyler || Y FOX: Well fox is a very wicked animal – yet underrated though!
We are planning to roll out our NFT’s related to FOX really soon. Stay tuned for further details on it.

Q10 from Telegram user @erven12

Can you list ALL YOUR SOCIAL MEDIAS so we will know where we can FOLLOW Y FOX?

Tyler || Y FOX: Sure! You can join our Telegram/Twitter handles :
🦊 Website :- https://yfox.finance🦊 Twitter :- https://twitter.com/yfoxfinance🦊 Telegram Community :- https://t.me/YFOX_Finance
🦊 Medium :- https://medium.com/@YFOXFINANCE
this was it.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of YFOX Finance. They’ve prepared 4 questions for this part. The total reward pool for quiz was 700$.

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:

YFOX Finance Community: https://t.me/YFOX_Finance

The speed is something dangerous but very exciting. But there is nothing dangerous in Satoshi Club, but we can have exciting speed. And today we would like to tell you about the AMA session with our friends from TEAM Finance. The AMA took place on November 09 and our guests were TEAM Developer and Cop Smoke.

The total reward pool was 1500$ and has been splitted in 3 parts.

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 Team.Finance! welcome to Satoshi Club:grinning:

D. | Satoshi Club: hello Satoshi club

TEAM Developer: Hello everyone

Cop Smoke: Thank you for having us

Mary | Satoshi Club: Hello, TEAM🥳 How are you today?)

TEAM Developer: We are great, and ready for our project’s biggest day ever, Blitz (today)!

Mary | Satoshi Club: Wow, it’s really a big day today!

Cop Smoke: We are making 6 announcements, one each hour from 12PM-6PM EST Today!

Mary | Satoshi Club: But first, can i ask you introduce yourself and tell us about your project 😉 and its announcement)

TEAM Developer: Sure. Team Finance is the fastest growing token locking solution in DeFi. We lock other project’s tokens (liquidity, and founder tokens) so that investor’s know that project is safe and committed to long-term success. To date we have locked over $12,000,000 worth of coins. Today, is our BLITZ event. Starting in 3 hours, we will be making 6 Announcements, 1 ANN each hour for 6 hours straight

Also followed by non-stop promotion and AMAs. That is why TEAM was #1 on CoinGecko last night, the world is excited to see what we have to say

Mary | Satoshi Club: You talk about this info:grinning:?

TEAM Developer: Yes. Many projects have locked and then withdrawn tokens by the way, but the total value locked to date is $12,000,000. Currently we have almost $8,000,000 inside our vaults

Mary | Satoshi Club: Oh, got it:grinning: thank you :+1:

TEAM Developer: Also, this number was achieved without fully launching the product. We have been locking tokens manually, today when we launch the website, we will grow infinitely faster

Mary | Satoshi Club: So, you had more than 25 projects locked with Team?)

TEAM Developer: Yes

D. | Satoshi Club: nice! not rookie numbers 😁

TEAM Developer: Including KP4R, OctoFi, YFIII, and many more

Mary | Satoshi Club: I like your progress :+1:

TEAM Developer: These projects trust us very much, they put the fate of their project’s into our lockers and we have not had a single issue to date.Now, we will scale and we hope to reach $100m locked very soon

Mary | Satoshi Club: Amazing:+1: Congrats with this) And i think you want to explain us more about #TeamBlitz 😉

TEAM Developer:

It starts in 3 hours. It will be back-to-back announcements with a lot of promotion and marketing, all condensed into 6 hours. It is the first ever event of its kind. We are very excited, and many new people will hear about TEAM today after this event. Already, our group has grown by a lot of users

Mary | Satoshi Club: Oh, and we won’t have announcements during our AMA?🥺 We like news to be announced here:grinning:

TEAM Developer:First Announcement will be at 12, but I can tell you that our 6th announcement is the most exciting. Each announcement gets bigger and bigger

Mary | Satoshi Club: Great:+1: we will follow you:grinning:

TEAM Developer: This AMA will get your viewers into the Blitz early, because most of crypto will only hear during the Blitz 😉

D. | Satoshi Club: and last one, i bet would be listing on Binance?

TEAM Developer: We are in talks with some indivduals from Binance, but this is something we may wait for Blitz #2 for Last announcement is regarding the TEAM Platform itself. This is your sneak peek

Q1 from Telegram user @dashinberlin

You offer a non-custodial coin locker for team or other project tokens to bring more trust for the project. But as I know, every team can lock their tokens through a smart contract which can be verified by everyone. Why would they need to engage with a third party service for this?

TEAM Developer: Great question. This is true, any project can create their own locking contract, but there are the following problems:
1: Will it have vulnerabilities that will allow a hacker to steal everything?
2: Does the project have the $ to pay for an audit to prevent problem #1?
3: Even if the contract is safe, will investors believe you?
4: Do you want to spend the money and time building that contract, when a platform like TEAM exists and does it in a few minutes?
Additionally, TEAM provides projects more exposure, and adds more trust to a project’s name.

It is so easy to lock into team, and then display our front-facing profile to investors, most projects choose this option instead.

Mary | Satoshi Club: We have some projects with the same or near features on the market, like Unicrypt) Why project have to choose Team? Actually we will have a question about this) a bit later)

TEAM Developer: TEAM will be offering free liquidity locking for all projects, this will let us compete with Unicrypt. For the “Project Token” locking service, there are few other solutions like TEAM. We have locked more Project Tokens than anyone else, and we will continue to dominate that area.

Mary | Satoshi Club: Btw, do you have any requirements for projects which want to lock tokens?)

TEAM Developer: No, our platform is completely autonomous and anybody can lock. We scan the smart contract to check for vulnerabilities/risks, like a mint function and add spender, this way investors can see if the project has hidden traps aside from regular rug pull tactics.

Mary | Satoshi Club: So, you scan) i like this)

TEAM Developer: Yes. Very important to prevent rug pulls

Mary | Satoshi Club: They like to hide. Did you have project which applied for lock, but you found hidden traps and had to refuse it?

TEAM Developer: No, we have not had this issue. And after today, when the platform is live, we will not reject anyone, everyone can lock on out platform, just like Unicrypt. However, that is why we provide tools for investor’s to analyze whether the project is a safe investment. But anybody can lock, keep this in mind

Q2 from Telegram user @halvving

What fee do you take from projects to lock their tokens and is it enough for your team to be sustainable with the fee you take? Do you have any financial projections?

TEAM Developer: This will be announced, as it is integrated into our token model (another hint about our Blitz ANN) You will have to wait and see later today those exact details

Mary | Satoshi Club: Ok, we have one more hint:+1:

Q3 from Telegram user @tronsupporter

I’ve heard about your idea before and I think you have competitors in the market. Do you have an analysis regarding their success? I am also interested if you had any customers until now as well

TEAM Developer: Yes, we have many projects which have locked with us. Our competitors..

I wont mention all by name, but nobody has locked more than us for Project Tokens, and as for liquidity, I predice we will beat them soon (in a couple months). Then we will dominate the locking space

Mary | Satoshi Club: Revolutionary plans:+1:

TEAM Developer: Here is an example https://etherscan.io/address/0x06d0ccbfa6f1eec7ca61288f8545efd977384c70

Go here

This is how much TrustSwap has locked. We have locked $12,000,000. That is 120x more

Mary | Satoshi Club: Not so much) if you are talking about locks) they also have a lot of transactions here https://etherscan.io/token/0xCC4304A31d09258b0029eA7FE63d032f52e44EFe

TEAM Developer: Yes, thats their coin. I am talking about product

Mary | Satoshi Club: But i think it’s different then locks)

TEAM Developer: Our product is beating theirs, with respect to locks. But they have a good project and I am sure in many areas will succeed.But in the locking area, i think we will beat all of our competitors

D. | Satoshi Club: what about LID Protocol? is it your competitor?

TEAM Developer: In a sense yes, but they are more of a launchpad. We focus on locks

D. | Satoshi Club: ok thanks for clarifying! i know the difference now 😇

Q4 from Telegram user @dominiksss

I saw on your website that currently you support only erc20 tokens. I understand that at the moment this is the most popular chain, but other chains have a decent market share as well and other advantages over it. Do you plan to add support for other chains, or do you want to focus on Ethereum only?

TEAM Developer: Yes, we hope to soon integrate with BSC and TRX, and we are speaking to those two groups in talks with potential partnerships down the road

Mary | Satoshi Club: EOS?)

D. | Satoshi Club: Cosmos?

TEAM Developer: EOS is another one we would like to integrate, but BSC and TRX are the ones we are actively working integrating at the moment

Mary | Satoshi Club: That’s true) You can do it step by step)

D. | Satoshi Club: when exactly do plan to work with BSC and TRX projects? in this year in the next one?

TEAM Developer: I am not sure about timing, the sooner the better, but we plan to create the first locking solution for those two chains. Then all BSC and TRX projects will be able to lock with TEAM

Mary | Satoshi Club: They currently don’t have?

TEAM Developer: Smaller developers can build ones for their projects individually, but not a full solution like team

Mary | Satoshi Club: Oh, you’ll be pioneers :+1:

TEAM Developer: yes

Q5 from Telegram user @bitociok

It’s interesting, you have a smart-contract for all your clients or you create a new one for each project/ client you have?

TEAM Developer: We have 1 smart contract right now for all projects

Mary | Satoshi Club: And it was audited?)

TEAM Developer: Otherwise the fees to create and deploy a new contract for each token would make our model unsustainable. Yes it was audited by Chainsulting

Mary | Satoshi Club: Can you share a link here, so everyone can see it?)

TEAM Developer:

Mary | Satoshi Club: Btw, nice audit:joy: i saw audit written as medium article

D. | Satoshi Club: imagine i saw projects without audit 👀

Q6 from Telegram user @Jitka1

What is the functionality of the badge “Trust score” that is on your website and how is it formed? What’s the formula and what indicators do you use to assemble this score?

TEAM Developer: In the new version, this is removed. We decided we will not score projects based on trust, instead we will provide the facts and display the evidence of locks/mint functions, etc, and let the investors decide for themselves

Mary | Satoshi Club: Btw, will your community opinion matter?

TEAM Developer: What do you mean by that

Mary | Satoshi Club: If they don’t like a project and will think it’s a scam?) Will you remove or refuse it?

TEAM Developer: We cannot, anybody can lock into our contracts. Just like anybody can create a smart contract on Ethereum, Ethereum does not remove somebody just because the community does not like them. But we warn against investing in projects if they have certain scam-like indicators.

We aim to prevent rug pulls, and our platform is built around that While still allowing all to access our services

Mary | Satoshi Club: Got it) I think warning from you will also work)

Part 2 — live questions from the Telegram community

Q1 from Telegram user @apocan99

Do you have any future plan for providing some other services such as yield farming, staking, borrowing, etc.

TEAM Developer: Wait for blitz to find out

Q2 from Telegram user @huydo

Your website shows ” Locker Room” with “Coming soon” status, could you please talk about its function and features?

TEAM Developer: Blitz will reveal

Q3 from Telegram user @Zeanich

How do you plan to encourage or promote more projects to reach the 100m blocked @teamfinancedev

TEAM Developer: We plan on encouraging the community to push projects to lock, because this will make those projects safer

Q4 from Telegram user @borysfireball

You’re shooting #TeamBlitz with 6/6 announcements/spreads today. Why don’t you want to stretch the fun for 6 days? I think 666 could be mysterious. What are your main expectations from this event?

TEAM Developer: Thats the devils number

Q5 from Telegram user @BJosefina61

TeamFinance admits on its website the intention of expanding to other blockchains. Some preview of what could be? maybe BSC or Polkadot?

TEAM Developer: Yes BSC for sure, TRX and I would love Polkadot

Q6 from Telegram user @eeaq15

Do you want to apply your services to other token-related services in the future?

TEAM Developer: Yes, we plan on expanding to more services soon as long as it fits our ethos of “preventing rug pulls”

Q7 from Telegram user @Mohitku1

To participate in Blitz contest we keed prior Kyc or anything?

TEAM Developer: Nope, just follow us on twitter and join the telegram, thats all!

Q8 from Telegram user @Gutike95

Until today, only 25 tokens are associated with the Team Finance blocking services, but none of them are really well known, will it be that when the projects are recognized they no longer need token blocking from the founders? or even many projects do not know TEAM?

TEAM Developer: KP4R was #1 on Dextools, OctoFi, YFIII, many are well known

Q9 from Telegram user @KhaleesiTheCryptoLady

Hi @teamfinancedev :blush::wave:🏻
Do you think your edge in locking area will make you boooooom in Defi world? Do you have More advance features of TEAM Finance which you can add aside from locking that will make you famous in Defi world?

TEAM Developer: Yes, I think once we fully launch and lock an additional 50 projects or so we will solidify our position in the space

Q10 from Telegram user @ineed688btc

The DEFI space is very young and is changing rapidly. My question is, how flexible are your tools to adapt to changes in the DEFI crypto space? How do you make #TEAM pupular ?

TEAM Developer: Very flexible, not just the product, but the team. We move quickly and efficiently, making our platform a great long-term success

Q11 from Telegram user @tuvalunia

How do you assure the security of the locked tokens in TEAM ecosystem?

TEAM Developer: Through smart contracts and audits

Q12 from Telegram user @BeratToker

Team Finance announced Blitz event and Blitz will have 6 major announcements for Team Finance project.
When will Blitz event happen? What will major updates be about, are there any sneak-peaks you can tell us?

TEAM Developer: Today, starting in 2 hours, stay tuned!

Q13 from Telegram user @warny

How many projects now have successfully locked their Tokens on Team Finance? @teamfinancedev

TEAM Developer: 24 to date

Q14 from Telegram user @KevSalom

– How much money ($) does Team Finance have in total in blocked tokens?

TEAM Developer: Currently, 8 million, total 12 million to date

Q15 from Telegram user @cryptovgh

TEAM project’s sign is a locking sign, is there any special reason to choose this sign for the project?

TEAM Developer: Yes, because our only purpose is to lock projects

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of TEAM Finance. They’ve prepared 4 questions for this part. The total reward pool for quiz was 1000$.

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:

TEAM Finance Community: https://t.me/team_finance

On November 4, we were visited by friends from the Oasis Network with whom we held an AMA.

With the Oasis Network, we can build a better internet — one that protects the data rights of individual users, while enabling fundamentally new use-cases and applications.

Short about AMA:

Guests:

–Cosentino  @lcosent Luca, 

–Jon Poole @CoincidenceJon – Community Manager Business Development for Oasis

–Andrew Miller @oasismiller20 product marketing

–AMA divided into 3 parts

–Reward poll 900$

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS.

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

D| Satoshi Club: Hello hello

@CoincidenceJon hello! welcome to Satoshi club! 😊

Jon Poole: Thank you 🙏🏼 very happy to be here!

Mary | Satoshi Club: How are you today?)

Jon Poole: I’m doing very well, thank you. Yourself?

Mary | Satoshi Club: We as well) so, let’s start?)

Could you please introduce yourself and how did you start with Oasis?)

Jon Poole: 💪🏼🔥 Let’s have a great AMA! 🌹

Luca Cosentino: Hi everyone. I am Luca, I am Italian and live in SF. My background is in Product at P&G, AmEx, and Google. I moved to the US for an MBA at UC Berkeley. Having experienced how large enterprises and consumers deal with data, I had an idea around creating a better technology that creates a fair way to enable data collaborations. I met with prof. Dawn Song at UC Berkeley while she was working on starting Oasis; I absolutely loved the vision and decided to join her company.

Andrew Miller | Oasis: Hi folks! Excited to be here. I run product marketing here at Oasis, I have a background working in startups, and have always been passionate about privacy — so Oasis and it’s vision really resonated with my interests. I joined about two years ago.

Mary | Satoshi Club: Welcome to Satoshi Club 😀

Jon Poole: Thank you, for having us this morning! I’m Community Manager and Business Development for Oasis! I first joined Oasis back in June 2018 and it’s been an incredible journey along the way. My blockchain background comes from the private investor side, so naturally, when evaluating Oasis as a scalability solution during the scaling wars of 2018 my mind was expanded to see what Dawn Song’s vision had in store for the blockchain, and I had to be a part of it! 🚀

D| Satoshi Club:  @oasismiller20 @lcosent hello! Welcome to Satoshi club! 😊

Mary | Satoshi Club: It was a long way and now, as I understand, you are a few steps from Launch, right?)

Jon Poole: We’re at the final step! Currently, we’re in Mainnet Beta which has transfers disabled, but we’re expecting Mainnet very soon! 🚀🚀🚀

D| Satoshi Club: And what is Oasis? could you tell us briefly as a part of our intro 😊

Jon Poole: The Oasis Network is the first privacy-enabled scalable blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market. Its unique privacy features can not only redefine DeFi but also create a new type of digital asset called Tokenized Data that can enable users to take control of the data they generate and earn rewards for staking it with applications — creating the first-ever responsible data economy.

The community has seen a lot of progress in the last few months. Just recently we successfully launched Mainnet Beta with a large pool of validator nodes. This is a huge step for the community and the last major milestone before Mainnet.

We’ve also recently announced major partnerships and projects being built on the network including a new privacy-first genome sequencing integration with Nebula Genomics where customers can own their genome data, a new CryptoSafe alliance with Binance to help combat crypto fraud, and a new Ethereum compatible compute environment built by Second State on the Oasis Network — allowing us to support all existing DApps on Ethereum with better performance and lower gas fees.

Here are links to each:

– Nebula Genomics: https://medium.com/oasis-protocol-project/giving-users-control-of-their-genomic-data-3354a3b89d56

– CryptoSafe Alliance with Binance: https://medium.com/oasis-protocol-project/oasis-labs-joins-forces-with-binance-to-launch-cryptosafe-alliance-and-decentralized-platform-for-1e3964d8531

– Ethereum compatible ParaTime: https://medium.com/oasis-protocol-project/second-state-launches-oasis-ethereum-paratime-on-oasis-network-f824f656503b

D| Satoshi Club: Yeah, now I need time to read all of this😄

Jon Poole: I could flood you for DAYS with reading material 😅 https://docs.oasis.dev/general/

Mary | Satoshi Club: We need a long vacation to read everything)

D| Satoshi Club: Haha thanks! 👍

Mary | Satoshi Club: A lot of info and tones of work done by the team👍 I saw your partners on the Oasis site and was impressed 😀

Jon Poole: The team has been working hard for over 2.5 years building a working platform, unlike most projects who launch their token before actually building what they promise… 😎🤝

Andrew Miller | Oasis: Thank you 🙂 An important goal for the project is to ensure that both DApp developers and enterprises can use our platform.

Mary | Satoshi Club: Ahaha, you can’t imagine, how right are your words)

Thank you for the intros👍 and now questions from our community are waiting in the line 😉 ready for them?)

Andrew Miller | Oasis: Yeah! Let’s do it

Jon Poole: We have an amazing network of partners, and it’s growing! We just announced our partnership with Balancer https://medium.com/oasis-protocol-project/defis-breakout-moment-20482017a44f

Mary | Satoshi Club: Wow, congrats on one more🎉

Andrew Miller | Oasis: Yeah! Let’s do it

Jon Poole: Ready 😎🌹

D| Satoshi Club: Q1 from Telegram User  @jpsarmah

How promising are the results from the live Oasis Mainnet Beta and when to expect Mainnet?

Jon Poole: Maybe to an Oasis 😂😉

Mary | Satoshi Club: Oh, it’s a good idea 👍😂

Andrew Miller | Oasis: Results look very promising. The Network launched in under a minute and have over 70 validators active on the network. This is really the last final check, if you will, before Mainnet. Everything is exactly the same as Mainnet, except transfers are turned off. So we’re feeling very optimistic about being able to launch Mainnet soon!

Jon Poole: https://www.oasisscan.com/

Come see the network running! 👆🏼🔥💪🏼

Mary | Satoshi Club: It looks beautiful 🤩

Jon Poole: I really like it also! 🙌🏼🌟

Mary | Satoshi Club: In the future, which requirements I will need to fulfill to become a validator?)

Jon Poole: Side note: “The Oasis Network is composed of multiple classes of nodes that participate in different committees. The majority of committees have common system configurations for the participant nodes.”

Mary | Satoshi Club: It is a chance for everyone to be involved 😀

Jon Poole: It also provides protection in a very strong way against anyone Node being the “Weakest link in the chain” like other blockchains that make all their Nodes run a specific hardware requirement.

Mary | Satoshi Club: So, attacks on the chain almost impossible?

D| Satoshi Club: 75 validators 💪nice!

Andrew Miller | Oasis: We have a range of different requirements depending on whether you’d like to be a validator Node or run a ParaTime compute environment on the network. Compared to other networks, we have pretty light requirements for validators when it comes to hardware.

You can see all of the requirements and how to setup a node in our documentation here: https://docs.oasis.dev/general/run-a-node/node-operator-overview

Mary | Satoshi Club:  Thank you👍 sure, if for some reasons I won’t be able to become a validator this is very important info for our community) and you will have more users joined😀 Next question, guys or you want to add something?)

Jon Poole: Impossible is a dangerous word 👀, but it makes it financially very unattractive. The reward that you would receive to make the attack would be less than the cost to make the attack successful.

Mary | Satoshi Club: Yes, I know precedents from other chains, when attackers got from their actions just financial losses 😀 So, impossible) with small ‘almost’

Andrew Miller | Oasis: haha never say never 😉

Mary | Satoshi Club: We’ll see) so, let’s go forward to the next question?)

Jon Poole: We are at the cutting edge of Computer Science in regards to Privacy within Data, being lead by Professor Dawn Song from UC Berkeley (🌟the worlds foremost leader in computer science security🌟). So I feel very confident 💪🏼🔥😎

Andrew Miller | Oasis: Yeah lets!

D| Satoshi Club: Thank you for the answers! let’s continue🚀

Q2 from Telegram User  @cengizhantekin

What does “Genomic Data” actually mean in your ecosystem? Which facilities do you provide users for their Genomic Data?

Andrew Miller | Oasis: Great questions. The Oasis Network is being used by a personal Genome sequencing company to protect and secure your genetic data. Just like other companies in the space, you submit a saliva sample, which Nebula uses to sequence your genome. The data is then analyzed to determine things like your ancestry, your propensity for different diseases, etc.

With the Oasis Network, you own the data that Nebula produces, and are able to control how it is used by Nebula. This means Nebula can’t misuse your data for other purposes, like selling it to pharmaceutical companies, or running unwanted analysis, without your explicit permission.

You can read about it in our blog here

Jon Poole: Next questions please 🙏🏼

D| Satoshi Club:  Ok!

Q3 from Telegram user @astalavistabby

Your network will have around 1000 transactions per second. Do you think it is enough for a not so distant future if the blockchain will get wider adoption?

@oasismiller20 @CoincidenceJon are you in hurry? if so we can speed up our AMA a bit 😊

Jon Poole: 😁 we will make it work to stay past the hour, we want to give as much to your community as we can!

Andrew Miller | Oasis: Great question. Yes, we think this will be fast enough. As the demand grows, and the network gains more adoption we’ve designed the architecture to be easily updated with customized compute layers that can batch transactions, or be designed to support specific kinds of use cases.

So in short, we think we have the flexibility and scalability features needed to address throughput needs now and in the future.

D| Satoshi Club: Thank you! understood 😁👍

Mary | Satoshi Club: Did you try to overload the network during the testnet?

Jon Poole: It’s worth noting that Paypal is only 193 tx/s

Yes 💪🏼

Mary | Satoshi Club: Great👍

Andrew Miller | Oasis: Yes! We ran a variety of stress tests on the Network during Testnet and other phases

Mary | Satoshi Club

Amazing, sure everything will work after launch👍

D| Satoshi Club: Nice! thank you for the answers guys! The next question is coming…

Q4 from Telegram user @iulya_i

Oasis has joined forces with Binance to create an alliance to prevent fraud. Does it mean that you are partners and it will help you list on Binance?

Mary | Satoshi Club

When Binance?😂

D| Satoshi Club: HaHa

Jon Poole: We were one of Binance Labs’ first investments!

https://medium.com/oasis-protocol-project/oasis-labs-joins-forces-with-binance-to-launch-cryptosafe-alliance-and-decentralized-platform-for-1e3964d8531

Mary | Satoshi Club: They knew😉

Andrew Miller | Oasis: We are working with the CryptoSafe alliance (which includes Binance, and we hope many other exchanges!) to combat crypto fraud. We were also funded by Binance Labs as Jon mentioned. That being said, we don’t have much to comment on listing at this time 🙂

Check out that blog though.

D| Satoshi Club: 👍got it😉

Mary | Satoshi Club: Thanks👍

Andrew Miller | Oasis: The CryptoSafe Alliance is a great initiative, and we’d love to have more participants

Mary | Satoshi Club: Yes, we need Safer Crypto👍 to thank you for what you are doing! And as we don’t know exactly when Binance, let’s go to the next question)

D| Satoshi Club: Q5 from Telegram user @nellybarty

On your website, it’s stated that “the percentages and allocations are subject to change as we finalize the logistics for the network and its related programs”. Could you please explain when do you expect to have a settled tokenomics and by which % can these figures change?

Jon Poole: If you’re interested to learn about the Rose token and the token metrics 🔥 https://medium.com/oasis-protocol-project/introducing-rose-the-oasis-network-token-cee031b5a532

Andrew Miller | Oasis: The token allocations are largely settled at this point, we left that clause in there as we were in the process of finalizing some community grants and programs such as the ROSE Garden with Coinlist.

If folks haven’t heard, we recently launched a program with Coinlist that allows you to earn ROSE by locking up USDC or USDT. We encourage folks to check it out! You can register today on their site here: https://coinlist.co/oasis

D| Satoshi Club:  Is there a minimum for locking?

Jon Poole: $5 – $2,000 USDT/USDC

D| Satoshi Club: 👍super

Mary | Satoshi Club: You choose so beautiful name for your token😂

Jon Poole: There’s a beautiful meaning behind it also!

Mary | Satoshi Club: Oh, a lot of info to read😀 , and I see, that Alice won’t be disappointed by her investments)

Jon Poole: There’s a beautiful meaning behind it also!

Mary | Satoshi Club: Thanks, guys) and we are almost done with the first part, just one question left 👍

D| Satoshi Club:

Q6 from Telegram user @michaelaelf

If I’m interested in applying for a grant, could you tell me if there are clear conditions that I have to meet? Also, what’s the max. amount of funding that a project can ask in the application process?

Mary | Satoshi Club: Yes, she is famous now🥳

Jon Poole: 🌟📣 Active Campaigns: 📣🌟

Token Distribution Event – 🌹🧑‍🌾 ROSE Garden https://coinlist.co/oasis

Become an Oasis Ambassador 🤝 – https://medium.com/oasis-protocol-project/become-an-oasis-ambassador-and-build-a-responsible-data-economy-bbd38d0f9c12

The Oasis Community Cup 🏆 (Complete Challenges each week and earn tokens BEFORE the Oasis Network Mainnet) – https://medium.com/@oasis_foundation/the-oasis-community-cup-week-10-90e5faea1423

The Oasis Second State Community Hackathon “THE QUEST FOR ROSE” 🌹 💻 – https://gitcoin.co/hackathon/hackathon:15/onboard

#BlackLivesMatter Grants Program ✊✊🏿 – https://medium.com/oasis-protocol-project/new-oasis-grants-program-eb6c7ddff788

Grants Program 💰 – https://oasisprotocol.org/en/grants

Run a Node 🕸 – https://oasisprotocol.org/node-operators

Join the DevAccelerator 🚓💨 – https://oasisprotocol.org/devaccelerator

Andrew Miller | Oasis: Generally, we’re looking for projects that are looking to make a real, tangible impact in the world and change Blockchain for the better. Especially interested in DeFi projects that leverage the Oasis Network’s unique ability to support privacy-preserving compute.

https://oasisprotocol.org/en/grants

Mary | Satoshi Club: A lot of programs 👍

Jon Poole: If a project is going well, they can apply for several rounds of funding/grants 😊💪🏼

Mary | Satoshi Club: Everything for crypto genius)

Jon Poole: It’s a great time to join our community, we’re growing rapidly and spreading the word about the change that Oasis can bring! 🔥🚀

✅ Official social media channels

Website: https://oasisprotocol.org

Website: https://www.oasislabs.com/

Twitter: https://twitter.com/OasisProtocol

Twitter: https://twitter.com/OasisLabs

Medium: https://medium.com/oasis-protocol-project

Medium: https://medium.com/oasislabs

GitHub: https://github.com/oasislabs

Reddit: https://www.reddit.com/r/oasislabs/

Slack: http://www.oasisprotocol.org/slack

Discord: https://discord.gg/RwNTK8t

Youtube: https://www.youtube.com/channel/UC35UFPcZ2F1wjPxhPrSsESQ

——————————————————

✅ Official Telegram channels

📣Announcements📣: https://t.me/oasisprotocolfoundation

English speaking Community: https://t.me/oasisprotocolcommunity

——————————————————

✅ Community Channels

🇧🇩 Bangladesh: https://t.me/OasisNetworkCommunity_Bangladesh

Brazil: https://t.me/OasisNetworkCommunity_Brazil

China WeChat: https://t.me/oasisprotocolcommunity/27378

France: https://t.me/OasisNetworkCommunity_France

Germany: https://t.me/OasisNetworkCommunity_Germany

India: https://t.me/OasisNetworkCommunity_India

Indonesia: https://t.me/OasisNetworkCommunity_Indonesia

Korea: https://t.me/OasisNetworkCommunity_Korea

Nigeria: https://t.me/OasisNetworkCommunity_Nigeria

Philippine: https://t.me/OasisNetworkCommunity_Philippine

Russia: https://t.me/OasisNetworkCommunity_Russia

Singapore: https://t.me/OasisNetworkCommunity_Singapore8

🇦🇷 🇧🇴 🇨🇱 🇨🇴 🇨🇷 🇨🇺 🇩🇴 🇪🇨 🇸🇻 🇬🇶 🇬🇹 🇭🇳 🇲🇽 🇳🇮 🇵🇾 🇵🇪 🇪🇸 🇺🇾 🇻🇪

Spanish Speaking Countries: https://t.me/OasisNetworkCommunity_Spanish

Turkey: https://t.me/OasisNetworkCommunity_Turkey

Vietnam: https://t.me/OasisNetworkCommunity_Vietnam

Mary | Satoshi Club: Yes, sure our members will join Oasis👍 And we came close to the second part👍 We will open the chat now for live questions from our community 💞

Jon Poole: Ready for part 2 👍🏼

Mary | Satoshi Club: Let’s go 🚀

PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

In this part, we open a chat for the crypto community for 80 seconds. Then the guests from the crypto project choose the top questions. Only 10 was rewarded.

Reward pool: $150/10 users

Q – 1 from telegram user @cengizhantekin

✅ One of your focuses is “User Privacy”. Which users are we talking about here? Users of Oasis, or users of projects those receive service from Oasis? And how do you handle that feature?

Jon Pole: It can be both, depending on how the Paratime is built.

Andrew Miller | Oasis: We’re talking about Users of applications built on the Oasis Network. Unlike other chains, the Oasis Network is able to keep smart contract data confidential. This privacy feature, combined with the integrity of a decentralized network means users of DApps get strong guarantees that their data is kept confidential.

For example, because Oasis can support private data, DeFi apps can analyze real-world data to determine creditworthiness — allowing them to offer under-collateralized loans expanding DeFi beyond early adopters and traders to a mass market.

Q – 2 from telegram user @ouch143

Why does Oasis lab believe yield farming is not here to stay, despite being involved in DeFi?

Oasis recently announced major partnerships and projects being built on the network. Can you share some of this with us and how does it benefit the Oasis ecosystem?

Jon Pole: https://medium.com/oasis-protocol-project/defis-breakout-moment-20482017a44f

Q – 3 from telegram user @K2ice

Oasis recently announced major partnerships and projects being built on the network including a new privacy-first genome sequencing integration with Nebula Genomics where customers can own their genome data, a new CryptoSafe alliance with Binance to help combat crypto fraud, and a new Ethereum compatible compute environment built by Second State on the Oasis Network. How have these partnerships positively impacted the Oasis project and can we get links to reports on these partnerships?

Jon Pole: I posted the first two links already in here, but here is the third requested site!

https://www.oasiseth.org/

They have been instrumental in showing our community we’re here to stay and working hard in the background to establish ourselves as a strong leader in Blockchain for decades to come.

Q – 4 from telegram user @Gutike95

I have really observed that they have large numbers of partners and divergencia utilities, based on them, Oasis Network seeks to build a better internet that manages to incorporate technologies never used before?

Jon Pole: Check this out!

https://medium.com/oasis-protocol-project/secure-data-tokenization-7b730357b03e

Q – 5 from telegram user  @Idee01

Oasis recently announced Oasis Quest Hackathon. How is it different from the Oasis Second State Community Hackathon recently concluded?
How can we participate and are there rewards available?

Andrew Miller | Oasis: Great question. The Oasis Quest Hackathon spans both the Ehtereum-based smart contract layer and Data Tokenization smart contract layer on the Oasis Network, whereas the Oasis Second State Hackathon just focused on our Ethereum-based smart contract Layer.

The Oasis Quest Hackathon is also on Gitcoin and will have much larger prizes with a longer development time compared to our other hackathons. It’s really the most ambitious hackathon we’ve hosted to date.

If you’d like to join sign up here! https://gitcoin.co/hackathon/oasis/onboard.

Jon Pole: For one the reward is massive 🤑

https://gitcoin.co/hackathon/oasis/onboard

Q – 6 from telegram user  @mrdellepere

Does Oasis Labs have a learning system for people who are new to this?

Andrew Miller | Oasis: We have a lot of docs which you can find here: https://docs.oasis.dev/oasis-network-primer/

Q – 7 from telegram user  @Gladushka

Cаn Оаsis run corpоrаte Pаrаtimes with node launch restrictions? Cаn оnе nоde run mоre thаn 1 Раratimes?

Andrew Miller | Oasis: Yes! ParaTimes can be built to meet the needs of any use case. For example, a corporation could make its own ParaTime that only allows their approved Nodes to join, or you could build an entirely open ParaTime. It’s really up to the ParaTime Developer to decide. Regardless of the ParaTime design, the consensus layer will be a decentralized hub that all ParaTimes must report back to.

In theory, a Node could run in multiple ParaTimes, but practically you’d likely run into some issues. (e.g. the node may need to be available for two ParaTimes at the same time)

Q – 8 from telegram user @DiegoRME

I read in your latest Medium news “Binance and oasis labs teamed up to combat crypto fraud” … how do this alliance benefit OASIS LABS and the Blockchain community?

Jon Pole: This alliance will help keep hackers from being able to move their stolen assets around to offload on other exchanges. This is instrumental in providing a safer ecosystem for blockchain.

Some of the questions were banned and deleted.

Q – 9 from telegram user @ndbetting

Which ways are there to generate profit in longer-term with Oasis Protocol?

Jon Pole:  Staking Incentives
Given the Oasis Network’s founding vision to become a world-class, public, permissionless blockchain platform, the contributing team at Oasis has been focused on ensuring that setting up a node is as seamless as possible for all community members. To that end, we’ve put a lot of thought into making sure our staking conditions minimize barriers to entry and encourage meaningful engagement on the network. Some key parameters include:
A number of validators to participate in the consensus committee (and receive staking rewards) at launch: 70-100. Validators will be based on the stake weight on the network.
Minimum stake: 100 tokens per entity
Selection to the consensus committee: Each entity can have at most one node elected to the consensus committee at a time.
Staking rewards: The network is targeted to reward stickers with rewards of between 2.0% to 20.0% depending on the length of time staked to provide staking services on the network. In order to be eligible for staking rewards per epoch, a node would need to sign at least 75% of blocks in that epoch.
Slashing: At the time of the Mainnet launch, the network will only slash for double-signing. The network would slash the minimum stake amount (100 tokens) and freeze the node. Freezing the node is a precaution in order to prevent the node from being over-penalized. The Network will not slash for liveness or uptime at launch.
Unbinding period: The network will have a ~14-day unbinding period. During this time, staked tokens are at risk of getting slashed for double-signing and do not accrue rewards during this time.
Consensus voting power: The current voting power mechanism is stake-weighted. This means that the consensus voting power of a validator is proportional to its stake. In this model, the network will require signatures by validators representing +2/3 of the total stake of the committee to sign a block. Note that in Tendermint, a validator’s opportunities to propose a block in the round-robin block proposer order are also proportional to its voting power.

https://docs.oasis.dev/oasis-network-primer/token-metrics-and-distribution

Q – 10 from telegram user @Joseunda

Do you think that through the alliance with BINANCE you will be able to establish contacts with another exchange or more important currencies?

Jon Pole: We don’t have a very hard time connecting with exchanges, we’re a tier 1 project backed by some of the top investors the worlds ever seen 😏😉

Q – 11 from telegram user @Jmagsss

Can you explain more about the Consensus layer you are using, its use-case, advantages, and benefits for the Oasis project as well as for its users?

Andrew Miller | Oasis: Sure we built a custom consensus layer that leverages the open-source Tendermint consensus mechanism as a backend. At its core, the Oasis Consensus Layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes. It’s designed to be lightweight and flexible, with a minimum set of features needed to support a decentralized ledger.

ParaTimes, which are computed environments, connect to the consensus layer and submit transactions.

You can read more about it here: https://docs.oasis.dev/oasis-network-primer/

Q – 12 from telegram user @ndbetting

What are ParaTime and Consensus Layer – how do they promote privacy within Oasis Protocol?

The Oasis Network is a Layer 1 decentralized blockchain network designed to be uniquely scalable, privacy-first and versatile.

The Network has two main architectural components, the Consensus Layer and the ParaTime Layer.
1. The Consensus Layer is a scalable, high-throughput, secure, proof-of-stake consensus run by a decentralized set of validator nodes.
2. The ParaTime Layer hosts many parallel runtimes (ParaTimes), each representing a replicated compute environment with shared state.

Q – 13 from telegram user @Chinthaka93

The OASIS project is still not listed on CMC or coingecko .Do you have any plans to get listed OASIS on CMC and coingecko in near future? If yes when are you planning to list OASIS? Because listing on CMC or COINGECKO is a dream for a new project entering crypto?

Jon Pole: HaHa these are based on token price, and we haven’t announced publicly what our token price will be. This will come when the time is right, and only projects who want to pump and dump focus on this as a launch marketing tool.

Q – 14 from telegram user  @jpsarmah

Why do you organize Oasis State Hackathon and how many have you conducted?

Jon Pole:  Community incentives are part of the crypto way, and we want to appreciate the Dev community! 🥳🌹🤝

Q – 15 from telegram user @nzikak

I see that there’s an ongoing registration for a hackathon on Gitcoin. What are the requirements to take part and what languages will be used? Do I need to be an experienced dev?

Jon Pole:  https://gitcoin.co/hackathon/oasis/onboard

Q – 16 from telegram user @Winterkom

What system does Oasis use to protect its users’ data? Isn’t it protected with the blockchain? Or do you plan to implement a zk-snark system?

Andrew Miller: Hi @Winterkom nice to see you again!

Blockchains are inherently public, so the data stored on them can be seen by anyone. What blockchains provide is the immutability of that data — namely that the data can’t be changed without group consensus that it should be changed.

With Oasis you get not only Unchangeable data (from the blockchain), but also private data, from the use of cutting edge privacy technology called Secure Enclaves. This means data can be used by Smart Contracts and DApps without exposing the data publicly.

You can read more about our privacy technology on our docs here: https://docs.oasis.dev/oasis-network-primer/#technology-overview

Q – 17 from telegram user @chelyabinsk_crypto

How is Oasis planning to make blockchain technologies globally more and more adaptable in the future?

Jon Pole: 

https://medium.com/oasis-protocol-project/secure-data-tokenization-7b730357b03e

Q – 18 from telegram user @Arisabela

Can Oasis be part of all projects in DeFi ecosystem? Is there a group they’re specifically made for? Do you want to become global?

Jon Pole:  https://medium.com/oasis-protocol-project/secure-data-tokenization-7b730357b03e

Q – 19 from telegram user @chelyabinsk_crypto

In the longer term – how does Oasis generate profits and how it can remain sustainable?

Jon Pole:  See above for my staking breakdown and link! 👆🏼💪🏼🙏🏼

Q – 20 from telegram user  @Idee01

Oasis ROSE Garden recently went LIVE. What collateral assets can I stake to farm ROSE? What percentage of $ROSE token supply is allocated for staking rewards?

Jon Pole: Please see the events page https://coinlist.co/oasis

Q – 21 from telegram user @jerryziz91

Comparing to other similar projects – what would be the biggest advantages of Oasis? What are the use cases of ParaTime in this ecosystem?

Jon Pole: We are the first Privacy focused and scalable network in blockchain, backed by the strongest team, the strongest investors, and the largest University program in all of Blockchain. We’re the benchmark today.

shorturl.at/bsxCU

Q – 22 from telegram user @Maksyrn

What API access do developers have to The Parcel SDK, and how does it help in the process?

Andrew Miller: We have an NPM package for Parcel which you can apply to get access to here: https://www.oasislabs.com/parcelsdk

The API makes it easy to secure your user’s data and provide strong privacy guarantees to your users. With parcel, your customers can control how their data is used and give them complete insight into any actions taken with their data.

Q – 23 from telegram user  @Mantapkansuasana

🔴🔴Can you tell us some of the latest achievements made by the Oasis project & can you describe in detail the current development efforts, such as market expansion plans, expected applications & new upcoming programs of events?🔴🔴

Andrew Miller: We’ve recently announced major partnerships and projects being built on the network including a new privacy-first genome sequencing integration with Nebula Genomics where customers can own their genome data, a new CryptoSafe alliance with Binance to help combat crypto fraud, and a new Ethereum compatible compute environment built by Second State on the Oasis Network — allowing us to support all existing DApps on Ethereum with better performance and lower gas fees.

Here are links to each:

Part 3 – Quiz

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. Participants had 10 minutes to answer. 300$ was distributed between the winners.

For more details:

English Telegram group:  

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

Our Crypto Partner by this AMA: 

 

🕸💻 website |  ✔  English speaking Community  |  📣Announcements telegramm📣 |  Grants Program 💰 |  Run a Node 🕸  |  Join the DevAccelerator 🚓💨 

The Oasis Second State Community Hackathon “THE QUEST FOR ROSE” 🌹 💻

The Oasis Community Cup 🏆 (Complete Challenges each week and earn tokens BEFORE the Oasis Network Mainnet)

We are pleased to announce our next AMA on November 12th 2020 at 02:00 PM UTC Time: Satoshi Club x Ferrum Network

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Ferrum Network Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

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

Part 3: 300$ – A quiz about Ferrum Network

For more details:
Ferrum Network – @ferrum_network
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 12th 2020 at 11:00 AM UTC Time: Satoshi Club x KuCoin

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join KuCoin 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 100 seconds. You can post Max 3 questions. KuCoin Team will select 10 questions and answer them.

Part 3: 800$ – A quiz about KuCoin

For more details:
KuCoin – @Kucoin_Exchange
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

If a customer doesn’t have an account, please register via the following link：
https://bit.ly/32rql11

We are pleased to announce our next AMA on November 10th 2020 at 04:00 PM UTC Time: Satoshi Club x YearnClassic Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join YearnClassic Finance 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 100 seconds. You can post Max 3 questions. YearnClassic Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about YearnClassic Finance

For more details:
YearnClassic Finance – @yearnclassicfinanc
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish