Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Royal Rabbits Club Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Royal Rabbits Club
For more details: Royal Rabbits Club Website – royalrabbitsclub.io Royal Rabbits Club Discord – @RoyalRabbitsClub Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish
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. Kunci Coin Team will select 5 questions and answer them.
For more details: Kunci Coin – @kunciglobalofficial Satoshi Club – @satoshi_club Russian – @satoshi_club_ru Spanish – @satoshi_club_spanish Indonesia – @satoshi_club_indonesia
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 High Sloth Society and our guest was . The AMA took place on the 12th of April.
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 High Sloth Society! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community! Today our guest is
@Crayon_Leon
Mary | Satoshi Club
Welcome here, Leon
How’s going?
Gold Rocket | Satoshi Club
Welcome to Satoshi club
Nice to e-meet you
Leon Kim
Oh it’s a lot hahaha but i enjoy what we are doing right now
because we believe in what we standby.
Gold Rocket | Satoshi Club
Let’s start with the introduction to warm up.
Give us a brief introduction to the project. What is the
essence of High Sloth Society
Leon Kim
High Sloth Society is brought to you by Heritage DAO (HDAO)
which I am a contributor to. HDAO is a decentralized autonomous organization
for our cultural heritage. Powered by web3 technologies, we revolutionize the
way we collect, protect, share and enjoy cultural heritage. We have a diverse
group of core members in HDAO from VCs, entrepreneurs, techies, musicians,
product owners, legal and artists.
HDAO is known to be the very first DAO in the history of
Crypto to secure a Nation’s Treasure. HDAO seeks to reach out and connect with
the nonmaterial individuals, advocates, philanthropists, and innovators that
hone the cultural values of the heritages.
To do that, HDAO is introducing the High Sloth Society
– The First NFT project by HDAO; a
prestigious and secretive society of 10,000 elite sloths that pursue greater
goods with missions to preserve and hone the essence of human heritage.
Gold Rocket | Satoshi Club
Also we would like to know more about your team. Who is on
the project team core?
Leon Kim
Right, so since it’s run by the DAO model (with HDAO), High
Sloth Society is brought to you by Heritage DAO (HDAO) We have a diverse group
of core members in HDAO from VCs, entrepreneurs, techies, musicians, product
owners, legal and artists.
When it comes to the operating entity, that’s Crayon – which
I am CEO of that’s backed by Animoca and Brinc.
Gold Rocket | Satoshi Club
Btw why High Sloth Society
Leon Kim
This is a very good question hahaha so one of our creative
came up with an idea of portraying somewhat noble and aristocratic figures in
the form of Sloth – which is slow and
relaxed most of the times right?
Gold Rocket | Satoshi Club
Sounds great
I like this amazing idea
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Leon Kim
Absolutely
Gold Rocket | Satoshi Club
Q1 from Telegram User @NataliyaKil
Today on Twitter, the High Sloth Society announced the event, which will take place on Wednesday, April 13 at 19:00 in conjunction with Sharding Capital. Can you please tell us what this event is? What is Sharding Capital? What goals does the High Sloth Society set for itself and what results does it want to achieve by holding such a meeting?
Leon Kim
This is one of the AMA series we are doing in order to reach
out to more like-minded folks all across the globe.
HDAO is known to be the very first DAO in the history of
Crypto to secure a Nation’s Treasure. HDAO seeks to reach out and connect with
the nonmaterial individuals, advocates, philanthropists, and innovators that
hone the cultural values of the heritages.
We are doing this in the form of High Sloth Society (HSS).
Mary | Satoshi Club
What Nations Treasure means in this case? Can you explain?
Leon Kim
Right, so
It all started with this unfortunate story – Due to Covid-19,
the very first private art museum in Korea was forced to put two (2) National
Treasures out for an auction out of devastation. This is the very first time in
the history of Korea to see such treasures out for a transaction.
We heard about this incident 4 days before the auction day
and decided to address this in a Web 3.0 way. So, HeritageDAO was initiated
just 4 Days before the Auction, ended up raising 900+ ETH and securing a
National Treasure in 8 days while raising awareness about this incident across
millions of people worldwide.
Now that we have secured our first human heritage, we are
going to celebrate the official beginning of the journey of HDAO in the form of
a High Sloth Society – and we are inviting you to join us as a member.
Going through your material, It seemed like HSS (High Sloth Society) is as a result of collaboration between projects which includes; Heritage DAO(HDAO), Crayon DAO and High Sloth Society (HSS). I am not quite clear on this. Can you explain about these three project names that was mentioned? Is HSS as a result of collaboration between HDAO and Crayon DAO? What is the role/function of each project mentioned above? Furthermore, I observed that CrayonDAO has its own cryptocurrency ($CRAY).. Will HSS by any chance make use of the $CRAY tokens or will HSS have its own cryptocurrency?
Leon Kim
High Sloth Society is brought to you by HeritageDAO (HDAO),
the first Decentralized Autonomous Organization in the history of Crypto to buy
a National Treasure.
To reach out and connect with more nonmaterial individuals,
advocates, philanthropists, and innovators that hone the values that’s above
and beyond money – as members of the High Sloth Society.
Each representing a hand-drawn portrait of members, HSS is a
collection of 10,000 limited NFT memberships to the most prestigious and
secretive society of elite sloths – the High Sloth Society. As a discreet
protector of human heritages, the value of the membership grows with unique
perks and experiences provided by the members, for the members.
As an agent of the HDAO, Crayon operates the High Sloth
Society with plans to collaborate with future DAOs on Crayon to bring more
value to HSS.
With Crayon being the operator, we have future plans to
expand utilities of the CRAY token to unlock more benefits for HSS members.
Gold Rocket | Satoshi Club
I can say that you are the Schumacher among the sloths
Leon Kim
oh yea – i call my self Butler or Concierge haha
Gold Rocket | Satoshi Club
please share with us your tokenomics
Leon Kim
HSS is a collection of 10,000 limited NFT memberships to the
most prestigious and secretive society of elite sloths – the High Sloth
Society.
Your High Sloth NFT grants you membership access to a
society whose benefits grow with the members. If you are lucky enough, you may
be one of the literal keepers of Treasures with interest in the actual ancient
artifact assigned to 1,000 High Sloths (Out of 10,000 mystery boxes).
Even without the interest over the Treasure, your sloth is
still awesome and you get access to growing member benefits starting from the
following:
(1) Future $CRAY token airdrop to HSS members. As Crayon as
an operator, HSS shall collaborate with future DAOs on Crayon;
(2) Access to live concerts that spans from the Metaverse to
offline;
(3) Access to Festivals
(4) Access to physical HSS Members-Only Club (Think SoHo
Club – but better) built around the world starting from Seoul, Singapore to New
York City.
Gold Rocket | Satoshi Club
Thanks for sharing
Mary | Satoshi Club
If i am material individuality can i be a member of High
Sloth Society? In simple way – you won’t be able to control who owns your NFTs
after mint, right?) Or they won’t be tradeble?
Leon Kim
This is a great question that i want to answer in 2 parts.
1 – what we said about the non-material individuals, i was
specifically referring to core members that may want to extend their business
to add value to HSS.
Revenue model of HSS is to create more values and reasons
for people to buy HSS. Therefore, it is our primary focus for us to stay sharp
on developing partnerships with HSS members that’s willing to be creative and
add value to the HSS.
2 – the rest of the HSS are community that believe in us
enough to the extent that they invest in us early in the game and HODL.
Obviously, with #1 above, we plan to add more values to HSS so that you can
hopefully realize material gains on top of all the benefits we ship.
Mary | Satoshi Club
Perfect thanks
Mary | Satoshi Club
Ready to proceed?
Leon Kim
yes
Gold Rocket | Satoshi Club
Q3 from Telegram User @MendietaCrypto
High Sloths is claiming to no longer being interested in the things money can buy, the tastes have evolved, and now you are looking at the things in life money can’t buy. That is why you are opening some whitelist slots for everyone to participate in future HSS listing. Please explain how the process of whitelisting will be passing and the steps to be followed to get a chance of whitelisting? Are you planning to organize the second wave of whitelsiting for those who miss this one? What are the further steps to attract community to High Sloth? Thanks!
Leon Kim
Whitelist campaign is currently on going in our discord
channel. We have various Whitelist campaigns on many verticals where you add
value in the early phase of the campaign. To learn more about that please join
our Discord channel here (https://discord.com/invite/crayonDAO)
Mary | Satoshi Club
How many WL sloths will you have?
Leon Kim
We are reserving 2,000 as of today
Gold Rocket | Satoshi Club
Not bad
Mary | Satoshi Club
And how many NFTs they will be able to mint?
Leon Kim
In terms of the total numbers of NFTs for the HIgh Sloth, we
are bringing 10,000 NFTs to be minted over series of Public + WL. We are only
reserving 200 for the team and this goes to HDAO contributors, Advisors,
partners and contributors that add value to HSS.
Mary | Satoshi Club
Ok, thank you may be i will try my luck in your Discord
Ready to jump to the next question?
Gold Rocket | Satoshi Club
Thanks for your great answers
Leon Kim
YEs
Gold Rocket | Satoshi Club
Q4 from Telegram user @Cheriemike
According to what I read,the benefits High Sloth Membership includes branded games, branded merchants, and member-only clubhouses.So to become a member of High Sloth,are there some criterias needed before one can receive the benefits mentioned above?Can you specify to us what are some of the branded games members will receive or who are the branded merchants on High Sloth are persons users can interact with?Can you talk on the Membership Clubhouse,what are some of the functions of the clubhouse,any criteria?And how can one become a Keeper of Treasures of these Sloth NFTs?Please explain Thanks
Leon Kim
We encourage each of our members to create their own story
with the sloth owned. As a fellow member of the Society, we strive to support
your journey.
We have partners already but some are yet to be announced,
therefore we will give you a good example here.
For example, we have a Brooklyn-originated distillery that distills Soju in the traditional way, namely Tokki Soju (https://tokkisoju.com/#about-tokki).
As one of the members of a High Sloth Society, they have a
plan to introduce a High Sloth Line of Soju, Gin, Vodka, and Whiskey in their
own ways.
With the ownership and commercial rights granted to them,
they have no problem carrying this forward and we believe that this gives a
sense of belonging to other members of the society.
Therefore, it’s only natural for other High Sloths to
support them as well.
Gold Rocket | Satoshi Club
absolutely a win-win situation
Mary | Satoshi Club
I like High Sloth Lines
Gold Rocket | Satoshi Club
Thanks for your clear answer
Mary | Satoshi Club
Thank you for your answers! Ready for the next question?
Gold Rocket | Satoshi Club
Q5 from Telegram user @UniqueVicky
I saw that your project is backed by three distinguished firms including animoca brands, Brinc and assemble.can you tell us more about this firms? In what ways do they show support to CRAYON DAO? Does the support include financial support too? Is there any win-win collaboration with these firms? Do you consider them for future collaboration or is there an ongoing partnership with them? Talking of partnership, there is no information regarding this, as we know two heads are better than one, with partnership a project get to improve on more expertise and skills, so can you tell us about your partnership, is there any ongoing partnership or do you aim to include this in near future?
Gold Rocket | Satoshi Club
Leon Kim
So, they are backing Crayon which is one of the core
contributors of the HSS NFT. They are our seed investors in the early days of
the Crayon when it was merely just an idea.
With Crayon serving as one of the core contributors of the
HSS though, it is very much likely that we are gonna get all the supports from
everyone’s network.
So, the answer is yes – do expect the supports from all the
partners, advisors, mentors and partners of Crayon for HSS.
Mary | Satoshi Club
Btw, i got questions from guys who are interested in your
upcoming mint
Can you tell us the dates for wl and public mint?
How many NFTs will be available for public mint?
Leon Kim
Great question, so
1. it takes place on (www.highslothsociety.com)
2. Public mint is going to take place on the Apr-21
3. It is deployed on the Ethereum network
4. We support Metamask only for this event
So, get your ETH ready to secure them.
In terms of the numbers, we are still debating and the most
accurate information shall be shared with you on the 14th, but we are thinking
4,800 HSS NFTs in the format of Public Dutch Auction
Gold Rocket | Satoshi Club
Thanks for your great answers and clarification
Leon Kim
This is one teaser NFT we rolled out today
Mary | Satoshi Club
Ahaha, Public Dutch Auction love this)
Gold Rocket | Satoshi Club
he is incredibly beautiful
Are you ready for the last question of this part?
Leon Kim
Absolutely
Gold Rocket | Satoshi Club
Q6 from Telegram user @Asela1112
According to your Roadmap, Live concert will be held as a event on the Sandbox. Can you give us a sneak peek about this upcoming Live Concert, Is this event like a Fundraising event? Or is it only for enjoying? Which benefits will it be received through this live concert to the HSS & Crayon ecosystem? Can everyone join to this Live concert & What will be the main requirements to eligible for this live concert? Please share more details about this upcoming event?
Leon Kim
In celebration of securing the first ancient artifact in
Korea, HSS is developing a 3×3 ESTATE on the Sandbox Game with the following
plans.
(i) HSS curated brands to enter with membership benefits
expanding to the offline;
(ii) Voxel Avatar airdrops to the HSS NFT holders to play in
The Sandbox Games;
(iii) Curated metaverse experience spanning which expands to
offline.
Curated brands and events are to be announced in the future.
To give you an example of the types of events that we plan to bring on to the
Sandbox:
The closest one is the Waterbomb festival (http://waterbombfestival.com) that’s going global this year starting from Korea.
For all the festivals that we partner with, our members get
free-access to the VIP area with fellow High Sloth DJs and Artists setting up
the private stage just for us with a High Sloth line of drinks (Gin, Whisky,
Beer, Soju all under the High Sloth) prepared by our fellow member of the
society.
By the way, we are going to airdrop FREE playable 3D Voxel
Avatars for the Sandbox to all the 10,000 NFT holders.
Gold Rocket | Satoshi Club
Don’t miss great opportunity Satoshi clubbers
Mary | Satoshi Club
Wow, only the best for your members!
Leon, thank you for this incredible first part of our AMA .Are
you ready for the live part?
Gold Rocket | Satoshi Club
Thanks for this amazing first part of AMA
Leon Kim
Absolutely, let’s do this
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Hhh Gg
According to the roadmap, what is your most important next priority?
Leon Kim
10% Purchase Land on the Sandbox
20% Construct High Sloth Town on the Sandbox
30% High Sloth debuts on Media walls of Seoul & NYC
40% Physical “Members-only space” debuts in Seoul & NYC
50% Art exhibition: High Sloth x National Treasure
60% Develop Voxel Avatars and Game Quests on the Sandbox
70% Live Concert/Event on the Sandbox
80% High Sloth x Summer EDM Event
90% High Sloth x Sports Event
100% Publish Roadmap v2.0
Your High Sloth NFT grants you membership access to a society whose benefits grow with the members. If you are lucky enough, you may be one of the literal keepers of Treasures with interest in the actual ancient artifact assigned to 1,000 High Sloths (Out of 10,000 mystery boxes).
Even without the interest over the Treasure, your sloth is still awesome and you get access to growing member benefits starting from the following:
(1) Future $CRAY token airdrop to HSS members. As Crayon as an operator, HSS shall collaborate with future DAOs on Crayon;
(2) Access to live concerts that spans from the Metaverse to offline;
(3) Access to Festivals
(4) Access to physical HSS Members-Only Club (Think SoHo Club – but better) built around the world starting from Seoul, Singapore to New York City.
Q2 from Telegram user @Arnavx5
Is it true that CrayonDao is backed by Animoca Brands?
Leon Kim
Absolutely, Crayon is backed by Animoca Brands, Brinc and Assemble in the early days when we were merely an idea.
With that being said, all the contributors including Crayon is going to leverage the full networks of advisors, partners, members and investors to reach out to the like-minded across the globe to secure more partners that add value to HSS ecosystem.
Q3 from Telegram user @jirencrypto
I understand that HSS is a collection of 10,000 NFT memberships, can you tell us about the characteristics of these NFTs? How many types of rarity will we be able to find? What will be the utility or use cases that we can give to these NFT within the ecosystem and when are they available for purchase?
Leon Kim
We have over 130+ traits under 12 different attributes at the moment.
The most interesting attribute in my opinion is the interest over ownership of the national treasure that we are assigning to 1,000 HSS off of 10,000 HSS
Q4 from Telegram user @Madan94495721
Due to recent success of bored Apes, most of the projects come with similar approach but unable to make the impact in Crypto NFT space. What makes high sloth society a promising project in terms of growth perspective?
Leon Kim
HDAO is known to be the very first DAO in the history of Crypto to secure a Nation’s Treasure. HDAO seeks to reach out and connect with the nonmaterial individuals, advocates, philanthropists, and innovators that hone the cultural values of the heritages.
To do that, HDAO is introducing the High Sloth Society – The First NFT project by HDAO; a prestigious and secretive society of 10,000 elite sloths that pursue greater goods with missions to preserve and hone the essence of human heritage.
Even if it doesn’t come to its full fruition, it is still worth our while to execute this. For example, KOREA was covered with news about us with 100 journalists chasing me for the entire week when the leak about us buying the treasure was out.
They now understand that DAO bought a national treasure with an intention to conduct an NFT campaign. They also understand why we donated 51% back to the original seller with physical asset under their custody. This is a solution that only WE (as in crypto incumbents) can offer.
Q5 from Telegram user @KhaleesiKhalee
The National Treasure #72 and National Treasure #73 are HeritageDAO’s urgent goals for the K-auction held on January 27th. To accomplish this, you raised almost $10 million in order to win the auctions for two National Treasures. And that’s it; you’ve successfully transferred ownership. Why did you pick to digitize these two ancient Treasures out of all the National Treasures housed in the Kansong Art Museum? What usecase possibilities will it have? How were $HDAO tokens distributed to contributors And what plans do you have for the contributors that will benefit them greatly?
Leon Kim
Basically, National Treasure #73 that we secured is a portable temple that people used to carry around 1,000 years ago. Back then, Buddhism was the main religion of Korea – and people carried this to practice their religion anywhere.
With growing members, a need for a place that our members can call home grows bigger. Therefore, we wanted to secure this portable temple to symbolize a place our HSS members can call home.
Q6 from Telegram user @Savitasapra3
High sloth will launch fungible token $CRAY. Can we expect some portion of total supply will be airdrop to the high sloth society NFT holders?
Leon Kim
Absolutely – we are yet to announce but do expect a chunky portion of CRAY tokens to be airdropped to HSS NFT holders – We also are planning on doing this over times (Similar to vesting for investors) in frequency
Q7 from Telegram user @Alixbella
What rights do the holders have and what benefits do the great holders receive in High Sloth Society?
Leon Kim
Your High Sloth NFT grants you membership access to a society whose benefits grow with the members. If you are lucky enough, you may be one of the literal keepers of Treasures with interest in the actual ancient artifact assigned to 1,000 High Sloths (Out of 10,000 mystery boxes).
Even without the interest over the Treasure, your sloth is still awesome and you get access to growing member benefits starting from the following:
(1) Future $CRAY token airdrop to HSS members. As Crayon as an operator, HSS shall collaborate with future DAOs on Crayon;
(2) Access to live concerts that spans from the Metaverse to offline;
(3) Access to Festivals
(4) Access to physical HSS Members-Only Club (Think SoHo Club – but better) built around the world starting from Seoul, Singapore to New York City.
Q8 from Telegram user @Kushal85127939
What is the reason behind the name of ‘High sloth Society’? And for what purpose high sloth society is created?
Leon Kim
Each representing a hand-drawn portrait of members, HSS is a collection of 10,000 limited NFT memberships to the most prestigious and secretive society of elite sloths – the High Sloth Society. As a discreet protector of human heritages, the value of the membership grows with unique perks and experiences provided by the members, for the members.
With that storyline, we wanted to portray a noble/aristocratic being of which the life is good and relaxed haha
Q9 from Telegram user @Rakshhit
Crayondao helps us in creating our own DAO in minutes.
So I wanted to know that is there any charge to create our own DAO? Any transaction or other type of charge/fees?
Leon Kim
All the HSS NFT holders will be members of our DAO – We can also come up with a DAO that supports and add value to HSS
Q10 from Telegram user @Kabirkapoor9
To Mint high sloth society NFT, details will be announced on 14th April. Where we can expect these details will be announced so investors can take note of?
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. High Sloth Society Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about High Sloth Society
For more details: High Sloth Society Website – highslothsociety.com High Sloth Society Telegram – @crayon_DAO 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 Relation and our guest was . The AMA took place on the 11th of April.
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 Relation! Welcome to Satoshi Club
Jonah 🏅🎹
| Satoshi Club
Our Guest today is @J_Chg
Hello welcome to Satoshi club
Mary | Satoshi Club
@J_Chg welcome to Satoshi Club
Jessica Ch
Hello Mary and Satoshi Club friends!
Jonah 🏅🎹
| Satoshi Club
We are Glad to have you here
Mary | Satoshi Club
Happy to see you here today, Jessica!
Jessica Ch
Thanks, and I’m very pleased to be part of this AMA event.
Mary | Satoshi Club
So, let’s start
Jessica Ch
Sure, let’s go!
Mary | Satoshi Club
Could you please introduce yourself and tell us more about
Relation
Jessica Ch
Ya, sure!
Jessica Ch
Hello everyone. My name is Jessica, the Founder of Relation.
The time when I started looking at crypto projects was in
2017 when I quit commodity trading in Singapore and started doing blockchain
research and developing my crypto quant strategies and derivatives and defi
strategy in 2020.
The industry is changing rapidly in the past few years, we
see a lot of great projects coming out and changing the way people do things.
Mary | Satoshi Club
True, industry is
developing quickly
Jessica Ch
From the beginning, tokens are only used for transaction
circulation. There are now very rich application scenarios with the continuous
development of smart contracts.
Our team has also been deeply involved in the blockchain
industry and has grown with it.
Relation strives to be a multi-chain explorer of the value
of Web3 social graph data. Our vision is to provide the most powerful and rich
social graph for the global multi-chain ecosystem.
Mary | Satoshi Club
When did you decide that blockchain world needs Relation?
How long you were developing your project?
Jessica Ch
Based on Dfinity’s underlying protocol, we have launched
Relation One, a social DApp to help users build social graph networks on Web3.
We have also built the Relation Link Tool Suite to enable developers to quickly
access and index Web3 social graph data. We also support DApps to use our
modular social functionality components, which can build into their businesses
in any combination like Lego. We aim to be the next generation of Web3’s social
graph infrastructure.
We’ve been developing Relation for more than half a year.
Jessica Ch
Jonah 🏅🎹
| Satoshi Club
Impressive, how many people do you have currently working on
this project?
Mary | Satoshi Club
Who are in your team? Could you introduce them?
Jessica Ch
We have the products including Relation One, the live
product for community users
We have 21 people located in Singapore, Asia, US and Europe.
We are quite diversified in location and back ground.
Most of us are developers, they have an average of 4+ year
of blockchain developing experiences.
Mary | Satoshi Club
So, everyone is working remotely and you don’t have office?
Jessica Ch
And avg 8 years of developing experiences
We have office in Shanghai, US and Singapore.
but most of us are WFH now, due to covid situations
Ok, let me continue with the products.
Relation One is a social DApp built by Relation Labs for
Web3 users to easily manage their social relationship data and get friend
matching and interest recommendation services.
Its built-in one-stop social features include personal
profile management, on-chain identity management, P2P chat, group chat, DAO,
NFT avatar display, friend invitation, private domain game rank, etc.
Mary | Satoshi Club
Gotcha but the world
has changed and remote work no longer affects the outcome
Mary | Satoshi Club
Sure!
Jessica Ch
Currently, users are supported to log in quickly through
wallet applications such as MetaMask on Ethereum, Internet Identity on Dfinity,
and Polkadot. In the future, more wallet login portals from the public chain
ecosystem will be integrated, making it easy for any crypto user to experience
the social applications of Relation One.
For now, Relation Labs will subsidize a 1T Gas Fee per user
to create a private data-space with 0 cost interaction. So, welcome to download
and try Relation One.
Jonah 🏅🎹
| Satoshi Club
Awesome
Jessica Ch
After adding a multi-chain address on Relation One, users
will quickly get an exclusive Web3 personality tag. They can get accurate
matching of friends on the chain and recommend services for enthusiasts with
the same interests, forming a personal-centric visual Web3 social graph and
quickly building a social network they know and trust in the Web3 world.
In the future, users can easily get all push notifications
sent from connected DApps or NFTs, on the corresponding chains in Relation One.
Users get a better engagement experience when using new applications without
creating data repeatedly.
We also have another product called Relation Link Tool Suite
for the developers.
Jessica Ch
We have built the Relation Link Tool Suite to support all
public chain DApps and developers to quickly access Web3 social graph data and
modularly combine the social components of Relation One like Lego. Relation
aims to help DApps quickly explore business opportunities, increase social
attributes, improve user stickiness and gain effective user growth in a
cost-effective way.
We offer the open-source Relation Graph access query API,
Relation Dashboard API, modular social functionality components, and
multi-chain smart contract wallet solutions. Relation provides development
scaffolding that is easy to develop, test, and deploy for developers. No
developer is required to understand the underlying protocols, and contracts can
be deployed efficiently with the help of our front-end templates, enabling
low-code development.
Relation Graph is our core engine.
Jessica Ch
It is the first graph database written in Rust and deployed
on WASM and is the underlying core engine of Relation. As the basis for the
construction of Relation Social Graph, it provides graph storage, graph query,
graph computation, graph analysis, and basic database technology capabilities.
It will extend with technical modules for graph visualization and graph neural
networks.
Mary | Satoshi Club
Wow!
Jessica Ch
Relation Graph is storing the authorized data of users and
provides data interfaces to support data analysis and data mining in the upper
layer. Relation Social Graph will synchronize after users update their
authorization data and aggregate all users’ authorization data with the public
data in each blockchain network. It will eventually build an N-degree social
relationship graph of users based on their on-chain behavior, asset status, and
interest preferences in different blockchain networks.
Jonah 🏅🎹
| Satoshi Club
So impressive
Jessica Ch
Users or other DApps can quickly get the Relation Social
Graph analysis results without complicated calculations when they make deep
queries. All these operations, which were not possible on the native
blockchain, became a reality with the technical support of Relation Graph. We
currently provide enriched data analysis modules based on the underlying graph
database, including N-degree relationship recommendations, content subscription
push, etc. We will subsequently support higher-order behavioral trend
prediction, business intelligence, AI, and other data services.
In a nut shell, Relation is the Web3 Social Graph builder
and data value explorer. We support both users and developers to make their
Web3 experience easy.
Mary | Satoshi Club
Web3 is hot now, you choose right direction!
Jessica Ch
Thanks. I hope you all have a idea about Relation now.
Mary | Satoshi Club
Yes, a lot of useful information! Thank you for this detailed introduction
We choose 6 questions from our community for the first part
of our AMA . Are you ready for them?
Jessica Ch
Ya, let’s go
Jonah 🏅🎹
| Satoshi Club
Q1 From Telegram User @GracieEne
Relation’s vision of one One person, One private key, One data space, One data sovereignty, All in one, is to give Web3 users control over their data. Relation is said to decouple social relationship data from the Web3 application and store it in data space that the user is in full control of. How do you separate social relationship data from the Web3 application and how is it stored in the data space? I read that users can store, manage and modify any data in the data space, including contacts, game assets, DAO identities, wallet assets, and DApp authorizations. Are there tools that users can use to store data and make modifications? Can users make modifications at anytime or does it have to be after a certain period of time?
Jessica Ch
Good point. Thanks, @GracieEne for the question.
Relation products are deployed on dfinity, the dfinity is
enabling us to create a personal data space for each of our users and to set
the user to be the only controller. Your Relation ID is your data space ID.
You see the example here, this is my Relation ID and the
canister ID that you can verify on IC rocks. BTW, you can search my name and
follow me in Relation One.
Mary | Satoshi Club
How can we get Relation ID? Do you have guidance for new
users?
by signing in, you will automatically have a Relation ID
Mary | Satoshi Club
It seems easy and user friendly
Jonah 🏅🎹
| Satoshi Club
Yes I agree with you
Jessica Ch
By doing so, each of our users has a private space where the
data stored has no access from anybody else, including us. All your social
data, including your contacts, your messages, and your favourite website, are
all kept private in your data space, that’s how we separate your data from Web3
applications. When the apps are
connected to web3 social graph and want to read your social relationships data,
they have to get your permission first.
The Relation One have functions to let you add connections,
change your NFT avatars, and bind more wallet assets. In the future, we are
adding more functions to make the data management finer and going to open API
to those developers who want to make their own front-end apps based on Relation
One.
Jonah 🏅🎹
| Satoshi Club
Btw asides Dfinity what other platforms do you work with?
Jessica Ch
All the interactions are on-chain, and we are paying for the
gas fee now. Try it for free!
You can login with Ethereum Metamask, Dfinity and Polkabot
at this moment, and we are enabling more in the near future, check out for the
latest news
Jonah 🏅🎹
| Satoshi Club
Wow, Awesome , this is a great initiative for onboarding
users..
Mary | Satoshi Club
Thank you for your answers, Jessica! Ready to proceed?
Jessica Ch
Hope our users will like it.
Ya
Jonah 🏅🎹
| Satoshi Club
Q2 From Telegram User @Rozielyna
Hello
I noticed that Relation Labs recently made an upgrade on its websites and Products. Can you share more details about the upgrades made? Why the change of name on most of relation labs products? Which of your products is completely Available? What are you Achievements so far and what do you intend to achieve before the end of the 2022? Lastly What are your marketing strategies to attracting more users to Relation Labs?
Jessica Ch
Ya, thanks to @Rozielyna for the question.
Yes, we upgraded our website and Logo, and UI.
The new design of the Relation logo is simple and generous,
with dots as the elements and a hexagonal shape, expressing a rounded world and
an attitude of cooperation and symbiosis.
The dots in the middle represent the indispensable social
relationships in the Web3 world. At the same time, the pink fading to purple
turns static into dynamic, expressing the once, twice, and even N degrees of
interpersonal relationships that arise as the social relationships deepen,
which is the core of Relation’s focus.
Mary | Satoshi Club
It looks really nice!
Jessica Ch
From the overall Roadmap perspective, we will continue to
expand more tools and services and attract more ecological participants to join
us, always adhering to a cooperative and symbiotic win-win attitude and growing
together with Web3.
Jessica Ch
With the new brand, we renamed our product components to
enhance the branding and we upgraded our users experiences by enabling you to
unlock your personalised Web3 social graph. Its live product.
We’ve started Relation in the second half of 2021. In the
past few months, we delivered the live beta of Relation ONE, the Relation Graph
and demo of Relation Link Tool Suite. With the brand new update to the UI and
website launched recently, we plan to listen to user feedback on the products
and continue to optimize the experience.
Jonah 🏅🎹
| Satoshi Club
How do you onbtain your user feedbacks?
Jessica Ch
We will release a mature economic model and a data atom
trading model in the second half of this year. These will allow users’
authorized data to be earned and freely traded on the marketplace.
Just shoot us a message in our discord chanel
Jonah 🏅🎹
| Satoshi Club
Oh awesome can you share your discord invite link with us?
By 2023, we expect to complete the Global Social Relation
Graph, begin advanced analysis of AI intelligent data, and support native
social relationship data for the Metaverse.
Next, we’ll launch some Grant support, DApps integration
incentives, and a developer incubation program.
Mary | Satoshi Club
Oh, this always works
Jessica Ch
We have a plan to spread awareness about Relation in
different countries where English is not spoken well. Currently, our Russian,
Japanese and Vietnamese communities are quite active.Any influential media
community or individual KOLs who are beneficial to the Relation brand or
community development are welcome to join us and apply for Grant support.
Awesome, the can apply by dropping a message as well?
We also welcome global eco-projects to integrate with the
Relation Link Tool Suite and provide feedback and suggestions for optimizing
our products. These will receive our Early Integration Support and share the
Relation community resources and brand linkage.
We will have a KOL star event later.
Thanks, that’s my answer.
Mary | Satoshi Club
Thank you for your answers, Jessica! Ready to go to the next
question?
Jonah 🏅🎹
| Satoshi Club
Q3 From Telegram User @Ritshimwa
Going through your website I came across the plan to launch a developer course to help blockchain developers quickly learn the Tool Suite of Relation Link to enrich the usage scenarios of different DApps through online classes. Can you share more information on developer course and how users can join? what are some distinctive features which will make the developer course an upgrade to existing blockchains and blockchain developers?Are there other incentive activities during this online class? you have also built an open-source and easy-to-use social graph for next-generation DApps and community developers. what are the benefits of social Graph for next-generation DApps and community developers?
Jessica Ch
Cool, thanks @Ritshimwa
Yes, we will have a
developer course in the near future.
We plan to launch a developer course to help developers
quickly learn the Tool Suite of Relation Link to enrich the usage scenarios of
different DApps through online classes.
We will set up a variety of topics, including the analysis
of multiple public chains underlying protocols, developer use cases, code practice,
Etc.
We will turn your idea into reality if you have a great
idea! Stay connected with us by following our twitter and join discord. We will
share the details later.
We give you an example here.
Jonah 🏅🎹
| Satoshi Club
Will this course be open to anyone?
Mary | Satoshi Club
Which educational programs do you have or are planning to
have as well?
Jessica Ch
Our instant messaging functions can be easily integrated
with an NFT marketplace to enable the communication between the owners and
buyers. Instead of just making offers, the buyers can talk to owner and
negotiate on the price as well.
We welcome all developers to join. Stay tuned and follow our
twitter for the news.
We also explore diverse Web3 track DApps and tap into
potential usage scenarios.
For example, DID will acquire valuable on-chain users after
linking the Relation Graph to co-construct a pervasive Web3 reputation system
based on their social relationship data.
Another example is that GameFi projects can integrate the
chat function, invite friends function, Rank PK, and other functions of our
social function component to increase the stickiness of their community users
and expand their user base.
Or even a SocialFi project can start a business quickly by
adopting the open-source Relation One use case, without the high cost, leaving
them more time and energy to focus on their business logic to better serve
their users.
Hope that answers the question. Thanks.
Mary | Satoshi Club
Thank you
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Mary | Satoshi Club
Ready to jump to the next question?
Jessica Ch
can
Jonah 🏅🎹
| Satoshi Club
Q4 from Telegram User @Danylko_UA
Hello Relation One!
I read about a “Data to Earn” feature and I understand that with this feature, If I am willing to provide data value to DApps or related interests by giving authorization, then I deserve to earn tokens for the data that I contribute. Can you kindly breakdown the “Data to Earn” feature? What sort of data will I provide to earn these rewards? What are the “Authorizations” that was mentioned? How will the rewards given for the data that I provide be calculated? Does it mean (more data)=(more rewards)?
Jessica Ch
Thanks @Danylko_UA
Yes, we are currently building the Data to Earn economic
model and the Data Trading Atom model, these models are going to enable users
to ensure that people can share the value generated by their own data.
Your social data is valuable and there will be a lot of
institutions doing the data processing and making decisions based on the data
analysis. As long as the demand exists, your social data has a market.
Previously the market was operated as a mature oligopoly by big techs, they are
harvesting your data value.
Now you will be the one harvesting your data value. We will
make it an easy procedure for you.
Mary | Satoshi Club
How it will work? will the user be able to determine what
data he is willing to share?
Jessica Ch
It will be a marketplace for user to contribute their data
and generate value by buyer who pays for it. So generally, the more data you contribute, and the higher
the value it can generate, the higher rewards you will going to have.
Yes, of course. You make decisions on your own data assets.
That will be in Relation One.
Jonah 🏅🎹
| Satoshi Club
Including the price as well?
Jessica Ch
So please follow us on Twitter or join our community to get
the latest news. We will have a further breakdown of the features and
procedures later.
Yes, providers can set the price, but you know, its a supply
and demand thing,
Mary | Satoshi Club
Sure! Satoshiclubbers! Be ready to share your data and earn
Jonah 🏅🎹
| Satoshi Club
True
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Jessica Ch
cool
Jonah 🏅🎹
| Satoshi Club
Q5 from Telegram User @Highpee
There are 4 basic architectural components that play pivotal role in Relation Web 3.0 social middleware protocol. These are IC One, IC Graph, IC Link and IC Terminal. Can you explain the functions of these protocol items and how they cooperate or contribute to your goal of introducing a new social networking paradigm that returns data ownership to users? What differences exist between your IC Graph and Relation Social Graph and how will users use your recommendation engine for community detection, business intelligence? How will it be able to reconstruct the relationship between users, apps and social networks?
Jessica Ch
thanks @highpee
Jessica Ch
The product components are now renamed to Relation One,
Relation Graph, Relation Link Tool Suite and Relation Dashboard.
Relation manages the underlying logic and data flow of Web3
social networking through some cooperating product modules.
The core products of Relation are C-end Relation One (social
application plugin) and B-end Relation Link Tool Suite.
Relation One is a social application that allows users to
easily manage personal social behavioral and relationship data and get friend
matching and interest recommendation services. Relation One technically ensures
100% data ownership and portability.
The built-in one-stop social features include private data
space, instant messaging, DAO creation and management, NFT display, etc., and
quick login through wallets such as MetaMask.
The important role of Relation One social app is to form an
integral part of Relation Link’s one-stop social relationship data portal.
Relation Link Tool Suite is a social relationship data
toolbox built by Relation for DApps developers, including Permission-based
social relationships access API, visual relationship mapping query API, social
tool components, multi-wallet gateway, key-authenticated authorization
management system, modular application functions, etc., assigning the rights
and rules of Web3 data trade.
Mary | Satoshi Club
Which wallets do you plan to support first?
Jessica Ch
Relation Graph is the core underlying engine that supports
the Relation One product and the Relation Link data service providing. The data
stored in Relation Graph will form the Global Social Relation Graph covering
multi-chain ecology, it will be the base to provide various data services such
as recommendation engine, community detection, business intelligence, etc.
internet identity first of course, given we are dfinity
eco-project. and Metamask and polkadot.js for the second.
Jessica Ch
Hope this clarifies and won’t be too technical
Jonah 🏅🎹
| Satoshi Club
A little technical but well clarified
Thank you for your answers
Ready now for the last question of part 1?
Jessica Ch
Ya, let’s have it
Jonah 🏅🎹
| Satoshi Club
Q6 from Telegram user @Ask4unik
While reading, something caught my attention, that’s from your roadmap,the unique names that is given to each of the phases, Planet, Star, Galaxy,Black hole, Universe,Omniverse.Can you please tell us why each phase of your roadmap have a name attached to it?In Galaxy you plan on constructing a global social relation Graph,Can you give an insight as to what this is?What key role will this feature play in your project? Will it be like a chat zone Where users can communicate with themselves? please explain.Thanks.
Jessica Ch
Thanks @Ask4Unik
Yes, that’s the Relation Matrix that stands for the
civilisation of the Web3 Social Graph we built.
Jessica Ch
In the planet stage, we are like using the addresses to make
transactions with each other, but we cannot communicate with each other, we are
isolated and don’t have any tools to explore the outer place. This is the time
when we built Relation products, from this point in time, people can be
connected with outer space and make interactions. And can chat with each other.
In the Star stage, we formed some small communities and
interest groups, and start to enjoy to be connected with Web3 natives.
Mary | Satoshi Club
Could you please share your roadmap with us? So, we will see
all surprises we can expect in the future from Relation
Jessica Ch
With more and more people joining the web3 social graph, we
are able to form the Global Social Relation Graph that covers almost all
blockchain ecology, which will be the open and boundless Social Graph that we
want to build. That’s the galaxy stage.
Jessica Ch
At that stage, we should have already generated enough data
for web3 data analysis. We will have some AI models we call it the blackhole,
we trough in data to the blackhole and see what happens, and what’s the result
it can give us.
Jonah 🏅🎹
| Satoshi Club
Thank you for sharing this
Jessica Ch
After we have the full Global Social Relation Graph, we can
start to explore that next stage, which we call the Universe, to discover the
next generation of social networks. It may be the Metaverse Social Graph.
And eventually in the future, hopefully, we can enter the
all-powerful AI world where the AI model can support our daily decision making
and make our Omniverse life easy.
Jessica Ch
That’s the storey of the Relation Matrix, hope you like it.
Mary | Satoshi Club
Exciting plans!
Mary | Satoshi Club
Of course
Mary | Satoshi Club
Jessica, thank you for this first part and detailed answers!
Jonah 🏅🎹
| Satoshi Club
So many Exciting things to look forward to
Jessica Ch
Thank you all!
Mary | Satoshi Club
Live part is coming! Are you ready for the storm of
questions?
Jessica Ch
let’s gp
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Ravan_since_1996
Can you share your documentation with us ? So that we can get more information about you.
On the 23rd March 2022, Relations Labs team announced it’s collaboration with Crust Network and from my research, I saw that Crust Network provides a web 3.0 decentralised storage network for the Metaverse. What does this collaboration with Crust Network hold for Relation Labs? Will Relation Labs use Crust Network’s data storage API (Application Programming Interface) service to access the Relation one’s social Dapp? Will this collaboration with Crust Network imply a more stable and secure data storage?
Jessica Ch
Yes, we have strategic cooperation with Crust. You know the Web3 social data can be massive. User avatars and chat history can take a lot of storage space. We are currently giving our users 4GB of data space, which is quite small, so that’s why we are collaborating with Curst to extend the data space to enable more on-chain storage for our users to store more data, and provide more data to generate rewards in the future.
Q3 from Telegram user @Kabirkapoor9
Is Relation trying to be Facebook of Web 3.0? OR Is Relation trying to be more perfect version to create Social network?
Jessica Ch
That’s a bit different. We are Web3 social graph builder, but we are not going to the next social giants that take all the benefit of the social graph. In stead, we empower our user by providing them functions and tools to manage their own data assets and connections. That’s the spirit of Web3.
Q4 from Telegram user @mechanicworkers
I understood Relation Labs’ vision to create a basic social graph by establishing a new paradigm for social apps, but as far as I know, Relation Labs has no competitors in the market. Can you tell me if Relation Labs has a competitor? Whose idea was the vision for social charting?
Jessica Ch
Yes, you are right, we are positioning ourselves as a social middleware that supports all kinds of web3 dapps. So for those who are social dapp builders, we can collaborate to build together. We are turning the zero-sum games into the cooperation games. Remember Web3 is open and boundless, we won’t set any barriers.
Q5 from Telegram user @Insya_AALLAH_Winner
“STAKING, BURNING” is one way or STRATEGY TO ATTRACT USERS and Does your BIG PROJECT have a plan for STAKING and burning……??
Jessica Ch
We have the staking functions, of course. And our tokens will be used in the data marketplace to facilitate the data exchanges. We will release our tokenomics later, check out the latest news. Thank you.
Q6 from Telegram user @isabella_blackk
Is Relation a DID project? If Relation is not a DID project, what are the differences and advantages of Relation project from ”DID” projects?
Jessica Ch
The short answer is no. At our core, Relationships build relationships between people, people, and DApps. Relation does not intend to dig users’ privacy. We want users to be able to associate real on-chain addresses and interact socially, forming a social graph of individuals on Web3.
Due to the giant’s involvement, the W3C DID standard has become complex, bloated, and difficult to implement. Relation wants to provide a simpler and easier way for users’ social behavior in web3 to create or inherit, completing the network through ecological co-construction.
Based on the development and operation of Relation One, Relation has provided a typical example of a Web3 social DApp, a pioneering exercise in exploring the value of Web3 social graph data. We will make it free for any DID or SocialFi project to integrate, and we will not compete with them. In the future, they can directly access the indexing API to achieve a win-win situation.
Q7 from Telegram user @devil_1807
What is the process to register on your platform? Is there any type of KYC needed? And Is there any further age limit?
Jessica Ch
No. From our vision, “People are the sum of social relationships.” One of the important features of the evolution from Web2 to Web3 is strengthening privacy, emphasizing macro-behaviors and relationships. Relation starts with relational data as the key. We think it captures the essence of the Web3 social networks at the mindset level and can promote evolution well. We are not collecting your privacy data but only focus on the on-chain social behaviour like whats your interest, what’s your connections, etc.
Relation orients to the entire Web3 ecosystem in terms of products, not restricted to a single blockchain or a single address. Relation is people-oriented and focuses on the people behind addresses and the relationship between people. The finally established Global Social Relation Graph orients towards the multi-chain ecosystem.
Q8 from Telegram user @JoanaZ
One of the items that got my attention of your roadmap is the “Blackhole” that will it be the development of a AI smart machine, so can you talk more about this? Which role will have this Artificial intelligence?
Jessica Ch
We are the Web3 social graph builder first, then the data explorer. We know that data is like a gold mine that has great value. But before we can discover the value, we need to have the data and process the data. The Ai models are to process the data and help us in predictions and forcastings and to support our daily decision making and also the decision making of corporations.
Q9 from Telegram user @Shershah412
I Wants to Know How Your Project name “RELATION” Is Related to the Project, and For What Purpose You have Decided To name your Project name “RELATION” ?
Jessica Ch
We are re-constructing the relationship between people, people and apps, data and apps. With the new paradigm shift built by us, we are making people rethink the relationships between themselves and apps and their data, to technically protect data privacy and data ownership. That’s why we named our project RELATION.
Q10 from Telegram user @dragonfeilong32
On the top right side of your website it was mentioned ” GENERATE YOUR SOCIAL GRAPH “. Can you tell us about Social Graph? How does it works? What are the uses of it?
Jessica Ch
Yes, that’s the link for your to download Relation One and try it out. Relation One will give you a picture of your personalized social graph and make recommendations based on your interests and connections. That will be the start point of the decentralized data stream that is only owned by you and controlled by you in Web3. So, download it now. See you on Web3.
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:
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 PolySports and our guest was . The AMA took place on the 8th of April.
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
Greetings, dear Satoshi Club community! We are pleased to
announce AMA with Poly Sports
Jonah 🏅🎹
| Satoshi Club
Our guest today is @Sushanttewary
Gold Rocket | Satoshi Club
Nice to e-meet you
Jonah 🏅🎹
| Satoshi Club
Hello welcome to Satoshi club
Gold Rocket | Satoshi Club
How are you doing today
Sushant l Co founder @polysports |
Won’t DM for money or tokens
awesome
Gold Rocket | Satoshi Club
We are honoured to have you here today
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Thank you for inviting me to your amazing community
Gold Rocket | Satoshi Club
Let’s start with the introduction to warm up.
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Sure
Gold Rocket | Satoshi Club
Let’s start! Introduce yourself please. How did you get to
be involved in crypto & Poly Sports
Gold Rocket | Satoshi Club
Tell us please about your position in Poly Sports
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Sure
Hello Everyone!!
I’m Sushant, founder and CEO of Polysports. I started my
career in a corporate world before launching a few web2 startups. My journey
started with crypto back in 2017, being a coder myself, Blockchain technology
& emerging Crypto fascinated me. While I started off as an investor, I was
inspired to dwell deep into Blockchain technology considering its future
prospects.
Sep 2021, I started Polysports along with my co-founders
Sanjay and Abhijeet. The Polysports founding team has years of experience in
building technology, launching and scaling sports apps.
Abhijeet is a full stack developer and both of us have
worked together in few start-ups earlier while Sanjay is the application Tech lead
developer. Given our prior expertise in
building sports apps we decided to build a Sports Ecosystem on Web3 which is
not only engaging and enticing for our users but also monetarily rewarding.
Sushant l Co founder @polysports |
Won’t DM for money or tokens
you need to glue poly and sports together. ” multiple
” Sports
Sushant l Co founder @polysports |
Won’t DM for money or tokens
POLYSPORTS
Jonah 🏅🎹
| Satoshi Club
Very Impressive background
Gold Rocket | Satoshi Club
Ok we will do this
Gold Rocket | Satoshi Club
it means you’ve seen both a bullish and a bearish cycle.
experienced crypto person
Sushant l Co founder @polysports |
Won’t DM for money or tokens
good question
Gold Rocket | Satoshi Club
Give us a brief introduction to the project. What is the
essence of POLYSPORTS
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes have seen it all. have lost and gained and hodl ‘ed
Polysports is building a Sports Ecosystem, an ultimate
destination for sports lovers across the globe – Play Anywhere. Play Anytime!
Polysports users can participate and earn crypto while
playing varieties of Fantasy Sports such as Cricket, Football to start with and
many more in the pipeline. Polysports users can also create, collect &
trade Sports NFTs on our platform and play Casual & RPG Games in the
Metaverse.
Gold Rocket | Satoshi Club
Tell us please about the benefits of POLYSPORTS. How is it
different from others?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
very good and important question.
Jonah 🏅🎹
| Satoshi Club
Massive potential here
Sushant l Co founder @polysports |
Won’t DM for money or tokens
lets talk about how it is different than others. If you look around every second gamify project is doing exactly same thing just character has been d. Though there are some good projects as well. But most are all the same.
AND they are expensive to play. There is barrier to entry
you need to know web3, metamask and how
to buy NFTs.
now lets talk about Polysports. There are over 3.5 billion +
sports fans
and It is one of the most passionate community.
that is just the market. Coming down to Product, polysports
is built for masses.
you can get started with as low as 50 cents,
Sushant l Co founder @polysports |
Won’t DM for money or tokens
and make 600x by end
of the day will explain in a bit as we move with other questions
you dont need to know web3. onboarding is as smooth as web2.
Gold Rocket | Satoshi Club
I wanted to join your telegram and got banned btw
Jonah 🏅🎹
| Satoshi Club
So exciting, we will find out more as we dig in
Sushant l Co founder @polysports |
Won’t DM for money or tokens
haha
did you get too excited and posted too many gifs
Gold Rocket | Satoshi Club
maybe you have an angry bot and he doesn’t like blondes
Thanks for great introduction, we will have several
questions selected for the Part 1. Ready to start?
Jonah 🏅🎹
| Satoshi Club
the Bot must have to
like you
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes
Jonah 🏅🎹
| Satoshi Club
Q1 from Telegram User @ghostofcharmeleon
Hello, the PolySports team.
I noticed that you have a very active marketing campaign at the alpha test stage, which few projects can boast of. You also have quite a generous reward for the community. But it seemed to me a lot of conditions and rules in some competitions and the time frame is not quite clear. Please tell me what exactly today I can do to get free awards? What activities are still in the active phase?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
sorry i am slow ty…per.. so bear with me
Jonah 🏅🎹
| Satoshi Club
No Problem
Sushant l Co founder @polysports |
Won’t DM for money or tokens
First of all it was a great campaign, we received loads of
positive feedback for building something that is easy to use and for the smooth
onboarding process.
Gold Rocket | Satoshi Club
Take your time
Sushant l Co founder @polysports |
Won’t DM for money or tokens
If you are talking about rules and conditions part of Alpha
Campaign ? there were hardly any rules,
the idea is to give everyone a chance to win something
If you are not a sports fan you can still participate in bug
bounty and if you are a creator you can create something. So the only
requirement was to register on the Polysports Alpha App and pick your interest
areas such as play free games and get a chance to earn, create content or
participate in bug bounty.
We could have broken this campaign in multiple folds but we
were short of time and we also wanted to test out the application as our Beta App
will be released post IDO. What can be better than receiving real time
community feedback. The good thing is now we are very confident of what we have
built and super excited as per the feedback received so far.
Jonah 🏅🎹
| Satoshi Club
Registration on the Alpha app is free?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes is and was free and will be free forever. At least till
i am incharge
Jonah 🏅🎹
| Satoshi Club
You will continue to be in charge
Gold Rocket | Satoshi Club
Thanks for your great answers
can you share your roadmap with us?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
btw anyone can go to our website and either download or
register on our webapp and experience our platform.
polysports.org
Sure!
Gold Rocket | Satoshi Club
in particular when beta testing is scheduled
Sushant l Co founder @polysports |
Won’t DM for money or tokens
So we are quite ahead in our roadmap. As we speak we are almost ready with Beta
testing is ongoing. Plan is to release our Beta to our community by end of this
month
Gold Rocket | Satoshi Club
Wow! Great news
Jonah 🏅🎹
| Satoshi Club
Great Job
Jonah 🏅🎹
| Satoshi Club
Thank you for your Answers
Ready for the next question now?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes
Jonah 🏅🎹
| Satoshi Club
Q2 from Telegram User @MendietaCrypto
Being a fan of sports, I have already played in Fantasy Sports games which usually are lost lasting and mapped into real sport seasons (up to 10 months of duration). What is the standard lifecycle of Polysports Fantasy season? Can it be one match/game or a full tournament engagement? Can the users start playing with zero investments? If not, what is the minimum to get into the process? Can users build teams and share the results between multiple players? Thanks!
Sushant l Co founder @polysports |
Won’t DM for money or tokens
For now it will be single match games, and different contest
for each match. Head to head where you can bring you mate and challenge
him/her. We would have mega, mini, micro contests where the pool prizes would
vary .
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Zero Investments! yes
Gold Rocket | Satoshi Club
Sounds amazing
Jonah 🏅🎹
| Satoshi Club
At the moment what are the prizes for Head to Head matches?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
As explained earlier current gamify or most of the game
requires some kind of investments including buying expensive NFTs. On
polysports early adopters would get first few games on us and then onwards it
would be either based on how active you are on the platform to keep playing
free or you have to pay as low as 50 Cent to 1 USD participate where as rewards
can be 100X to upwards of 600x . On building team , you can build multiple
teams to improve your chances in the game and by end of the each contest there
is a leaderboard where it would transparent who are the toppers. and it is all
automated. Infact you can find sample of these leaderboard in our announcement
channel
Gold Rocket | Satoshi Club
how many teams do you have
Sushant l Co founder @polysports |
Won’t DM for money or tokens
head to head i mean
Gold Rocket | Satoshi Club
Do you play your games?
Personally
Sushant l Co founder @polysports |
Won’t DM for money or tokens
i make 2-3 of them
yes
Gold Rocket | Satoshi Club
What is your favorite? Cricket? I saw emoji
Sushant l Co founder @polysports |
Won’t DM for money or tokens
check out our announcement channel. i was one of the winners
in one of the days.
Jonah 🏅🎹
| Satoshi Club
Oh wow
Sushant l Co founder @polysports |
Won’t DM for money or tokens
won 10 USDT
Gold Rocket | Satoshi Club
Congratulations
Jonah 🏅🎹
| Satoshi Club
Congratulations
Gold Rocket | Satoshi Club
Thanks for your great answers
Sushant l Co founder @polysports |
Won’t DM for money or tokens
hey Polysports manager when reward??
Jonah 🏅🎹
| Satoshi Club
Soon I guess
Gold Rocket | Satoshi Club
Are you ready for the next question?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes
Jonah 🏅🎹
| Satoshi Club
Q3 from Telegram User @thisistoyin
Talking about your launch, i Learnt that you have made great progress by launching your alpha app on 2nd Apr. And that users can go ahead to your website to register on your webapp or download android app and start enjoying the Game. With respect to these, I would like to know if these game is only going to be available for Android users alone, as I understand that the IOS users are left behind in these opportunity, so do you have any plans to roll out IOS versions anytime soon? Or it’s already out there? Furthermore, with the amount of Hype and attention your platform is getting, where do you see yourselves withing the next 2 years? Do you also have plans on Including other Sporting Games in the Nearest future? Thanks.
Sushant l Co founder @polysports |
Won’t DM for money or tokens
thank you for the question
it is a long question. trying to read – understand and then
i can answer
very good
so we have all three. ANDROID, IOS ( under review in APP
store) and WEBAPP. We are ready with all
three.
since ios was under review as you know Appstore has
stringent rules. So we couldnt launch alpha on time.
But for Beta post IDO we are launchng all three together.
Our focus has been completely into product.
Given our background in building web2 apps we have the
foresight and understanding of customers’ need & aspirations augmenting users
onboarding.
Jonah 🏅🎹
| Satoshi Club
When is your IDO?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
on sports
Gold Rocket | Satoshi Club
yes! you guys are very ambitious
Sushant l Co founder @polysports |
Won’t DM for money or tokens
we are starting with cricket and soccer would be launched in
May
and rest of the games would follow
next two years our focus would be to get over a million
users onchain. playing and making money
Jonah 🏅🎹
| Satoshi Club
This is a Great Target
Gold Rocket | Satoshi Club
Great plans for two years
Thanks for your great answers
Gold Rocket | Satoshi Club
Ready to proceed to the next question?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes
Jonah 🏅🎹
| Satoshi Club
Q4 from Telegram User @Enioladice
Looking at the Polystart “referral mining”, It was stated that a player get to earn $PS1 by referring friends and family. What exact amount of $PS1 token will a user get for each referral? Will the referred users be entitled to bonuses too? How will the metrics of the users participation in the “referral mining” be updated on the platform? Apart from being rewarded in $PS1, what other benefits will users that participate in the “referral mining” get?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
okay this is our secret cant tell you right now
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes we have worked quite a bit on this. We have designed a
unique referral mining system.
where our active users can earn monthly income out of it. It
is same as exchanges. you bring you buddies and they make money and you make a
share of it. and this is upto 7 levels connections. So we are ensuring every
participant who are contributing to our growth story gets rewarded.
Jonah 🏅🎹
| Satoshi Club
For the referral system what is the minimum they can earn?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
there is a decent amount. we want the excitement to be
there. dont want to spill the beans so early.
Jonah 🏅🎹
| Satoshi Club
Well understood
Thank you for your Answers
Ready now for the next question?
Jonah 🏅🎹
| Satoshi Club
Q5 From Telegram User @iceVermithraxx
Hello polysport teams
During one of your AMA sessions, you mentioned that your core focus is the fantasy sports. I was opportune to be one of the early adopters of Sorare, which is also a fantasy sport blockchain based game. So I would love to understand the concept of Polysport Fantasy sport, are the Virtual players which users acquire in their Fantasy team NFTs? Can you share on how the Point calculation system of Players real life performance is done in Polysport Fantasy? what are the rewards which user receives for scoring highest points in a matchday? Are these rewards distributed and available for withdrawal on every matchdays, weekly or end of season only? Are users allowed to create their own mini competitions within the Polysport Fantasy? what are other different ways which users can earn in PolySports Fantasy game?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
you are a star! love
these amazing questions.
Sorare is built for people with loads of money and you need
to buy NFT worth 200 USDT to 5000 USDT.
and not 1 but 11 of them
Jonah 🏅🎹
| Satoshi Club
That’s Much
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Polysports is built for masses. here you can get started
with as low as 50 cents only and by end of the day you are taking home 300 USD.
where you get that. As explained earlier even most of the current gamify
projects you need a decent capital to start.
So we are not using NFTs here to built the team. But it is
more of a credit system where once you join the contest you get a credit of 100
points that you have you use wisely to pick the best player for your team.
Awards are distributed daily
we have all the details and point tables within our
application. essentially the point that a player earns in your team is based on
the his or her real performance on the ground.
we have ensure apart from playing game you have plenty of
other ways to earn .
Along with Play to Earn, we have build a strong Referral
System – an opportunity for our users to earn additional monthly income just by
staying active and participating in contests; the contest fee is as minimal as
50 cents to 1 dollar and ROI ranges from 1.5x to 600x and even beyond. Yes, you
read it right!! (In simple terms, bigger the contest size, bigger is the ROI).
We have also curated Unique Rewards System which will
certainly keep our users glued to our platform. Polysports will also have
staking and farming which will allow our users to multiply their PS1 tokens
(Polysports native token).
Gold Rocket | Satoshi Club
Sounds great
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Btw as users increase will this ROI’s still be realistic?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
we also have how to play section on our website and you can
follow our channels. we are posting plenty of information there
how to get started on polysports
Gold Rocket | Satoshi Club
Thanks for your great answers
Sushant l Co founder @polysports |
Won’t DM for money or tokens
yes , very much it is already happening in web2. the bigger
the userbase the higher the earning. As more users participate the bigger the
pool is and higher are the earnings.
Jonah 🏅🎹
| Satoshi Club
Thank you for your answers
Ready for the last question of Part 1 now?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
this is where we saw great opportunity where we are bringing
this to web3 and we are our expertise
and experience would help in making it happen.
lol .. typos
hard to keep up
Jonah 🏅🎹
| Satoshi Club
Here comes the last for this part
Jonah 🏅🎹
| Satoshi Club
Q6 From Telegram User @Ritshimwa
Talking about The DeFi features on Polysports. I noted that the Defi system on Polysports allows users to earn by participating in yield generating activities like staking tokens and NFTs, farming LP tokens and more. Can you elaborate moreon your staking systems of both tokens and NFTs? What are the rewards users get for staking NFTs in Polysport? How can users farm LP token in Polysport? What are other different earning activities which Polysports offers to its users?
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Idea here is that when polysports users are not playing they
can multiply their winning by staking.
We would be introducing short term and long term staking.
information would be shared in few days.
Good point thanks for reminding. We will have NFT drops post
IDO and our early adopters and token holders would generously rewarded.
These NFTs have great utility within the game like free
gameplays and other privileges’ at the same time will earn token share based on
polysports ecosystem growth. So essentially we are partnering with our users
and sharing a part of our earnings with them.
More details to follow.
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Jonah 🏅🎹
| Satoshi Club
We will be on the lookout for the staking details as well as
the post IDO NFT drops
Jonah 🏅🎹
| Satoshi Club
Thank you for your amazing answers in this first part of our
AMA
Sushant l Co founder @polysports |
Won’t DM for money or tokens
you better get some tokens first to be eligible for free
airdrops. or you have to stand in a looooong queue.
Jonah 🏅🎹
| Satoshi Club
Will there be a minimum amount of tokens to hold for the
airdrops?
Gold Rocket | Satoshi Club
Thanks for this amazing first part of AMA
Sushant l Co founder @polysports |
Won’t DM for money or tokens
Polysports IDO is coming
Mark the Date!🗓
🚨Polysports IDO will
begin on 14th April, 2022🚨
Whitelist NOW & book your seat to become the early $PS1 #token holders
Thank you for sharing.. We will now like to proceed to the
second part of our AMA where our users will ask you their questions directly
Gold Rocket | Satoshi Club
Don’t miss great opportunity Satoshi clubbers
Jonah 🏅🎹
| Satoshi Club
Are you ready for them ?
Chat will be opened for 120 seconds
Part 2 — live questions from the Telegram community
Q1 from Telegram user @jameslekan664
Hello Polysports team!!
As I scrolled down on your Twitter handle, I saw an announcement about a list of 10 (ten) players that secured #P2E bounty on @polysport.io Alpha. Can you give us more details about the #P2E bounty? On what basis are the top 10 players selected (what is required of a player to win the bounty)? How do I get started on the P2E bounty program? What is the time frame of releasing the top 10 list of bounty winners (Is it daily, weekly or monthly)? What are the bounty rewards like?
Sushant l Co founder @polysports | Won’t DM for money or tokens
You are quite late for it my friend. It was 10 USDT each for top new alpha players everyday. Yesterday was the last day. But dont worry. we have plenty of these campaigns coming over next few weeks. join our only polysports group to stay updated
Q2 from Telegram user @leixagarcia
I was reading that PolySport has focused on creating a unique reward system, could you explain how this reward system works? What makes it unique and how users will be able to benefit from it?
Sushant l Co founder @polysports | Won’t DM for money or tokens
more details would be announced. we have already integrated this system. But just to give you idea. Daily logins are rewarded, there is a loss protection. If you loose matches. we got your back. Details will be shared as we launch our Beta by end of this month.
PolySports 🏏- A Next Gen WEB3 Fantasy Sports Platform ✅
PARTNERSHIP and TEAM members are two strong pillars of every project, will you please tell me about your partners and please share the background of team members ,DO YOU HAVE ANONYMOUS TEAM MEMBERS ?
Sushant l Co founder @polysports | Won’t DM for money or tokens
We are not anon. our LinkedIn and twitter profiles are all public. We have been choosy about our partners. we have handpicked our partners who would really add value to our core objectives like user experience and user journey.
Q4 from Telegram user @Rakshhit
Can you tell me How Fantasy Platforms like Polysports on Blockchain are better than traditional fantasy Platforms like Dream11 ?
Sushant l Co founder @polysports | Won’t DM for money or tokens
Do you know they are trying hard to get into this space. Given their size and brand image they cant move faster than us. We have a small team and we are agile. 2nd we would get first mover advantage. Blockchain brings more earning opportunities with defi integration, nfts etc. So there are plenty of things we are doing to build an ecosystem for a sports fan where polysports users when NOT playing can engage in other revenue generation actvities
Q5 from Telegram user @Sitaw25
What do I get from the ecosystem if I ever trade my polysports NFT?
Sushant l Co founder @polysports | Won’t DM for money or tokens
We have covered this in our whitepaper. But in short there are plenty of privilege’s within and outside the DFS game. also apart from trading you can stake and earn revenue share of Polysports platform.
Q6 from Telegram user @Akay_op
There are many fantasy sports on which new users get bonus on signing up. Do you guys also do something like this for your users?
Sushant l Co founder @polysports | Won’t DM for money or tokens
yes and you would be able to use 100% of bonus unlike other platforms where you can only use 15-20%
Q7 from Telegram user @Sulyvahn_DS
What is on your road to get massive user adoption and what can we expect next ?
Sushant l Co founder @polysports | Won’t DM for money or tokens
we scaled prediction.guru our previous app to 400k users. Armed with our experience and knowledge we have built our polysports marketing strategy to ensure while we get web3 users, we can also attract next million web2 users onchain on our platform.
Q8 from Telegram user @yujmkner555
Sir important question What is your top 3 things for priorities in 2022? Could you share some plans for the upcoming year?
Sushant l Co founder @polysports | Won’t DM for money or tokens
Top notch user onboarding experience Top notch user play experience 1 million users onchain
Q9 from Telegram user @Insya_AALLAH_Winner
Great project!! What steps does your team take to ensure that user support ( POLY SPORT ) is long term, and not temporary? How can your team increase the engagement of all users with your product and project capabilities?
Sushant l Co founder @polysports | Won’t DM for money or tokens
We are building full fledge operation and user support teams. As we speak we have already hired for leadership positions and hiring for other positions as well.
Q10 from Telegram user @Rinhere
As it is the Fantasy sports platform, How many type of games are there on the platform for users to choose?
Sushant l Co founder @polysports | Won’t DM for money or tokens
we will start with cricket, soccer in may we would like to focus on these two for next 6 months before adding other sports. As adding a new sports take only 20 -30 days.
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:
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 Libcoin Spanish and our guest was . The AMA took place on the 7th of April.
The AMA session was divided into 3 parts with a total crypto reward pool of $100
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Luis Merino 🇪🇸
| Satoshi Club
Hola a todos y bienvenidos a el segundo AMA del día de hoy
Luis Merino 🇪🇸
| Satoshi Club
Nuestro invitado es @chrisenis, representando a Libcoin
Luis Merino 🇪🇸
| Satoshi Club
Welcome Chris
Henry Rodriguez | Satoshi Club 🇻🇪
Bienvenido Chris
Chris Enis
Hello Every one
Am glad to be here today
Henry Rodriguez | Satoshi Club 🇻🇪
Hola a todos
Me alegro de estar aquí hoy
Luis Merino 🇪🇸
| Satoshi Club
We are glad you join us
Chris Enis
Its My Pressure
Henry Rodriguez | Satoshi Club 🇻🇪
Nos alegramos de que te unas a nosotros
Henry Rodriguez | Satoshi Club 🇻🇪
El placer es mio
Luis Merino 🇪🇸
| Satoshi Club
Do you have your fingers ready for a great AMA?
Henry Rodriguez | Satoshi Club 🇻🇪
¿Tienes los dedos preparados para un gran AMA?
Chris Enis
Sure I am
Henry Rodriguez | Satoshi Club 🇻🇪
Claro que sí
Luis Merino 🇪🇸
| Satoshi Club
Then please introduce yourself and tell us what’s Libcoin
Henry Rodriguez | Satoshi Club 🇻🇪
Entonces, por favor,
preséntate y cuéntanos qué es Libcoin
Chris Enis
Hello Everyone
Am Chris, Libcoin’s community Manager
Chris Enis
Libcoin is supercharging crypto by plugging in the first
tokenized gigafactory. The coin democratizes access to a new class of investors
to participate in top-tier green energy investments
Henry Rodriguez | Satoshi Club 🇻🇪
Hola a todos
Soy Chris, el Community Manager de Libcoin
Henry Rodriguez | Satoshi Club 🇻🇪
Libcoin está sobrealimentando las criptomonedas al enchufar
la primera gigafactoría tokenizada. La moneda democratiza el acceso a una nueva
clase de inversores para que participen en inversiones de energía verde de
primer nivel .
Chris Enis
The Libcoin is a governance and reward token backed by a
portfolio of investments into world-class battery technology
Henry Rodriguez | Satoshi Club 🇻🇪
El Libcoin es un token de gobernanza y recompensa respaldado
por una cartera de inversiones en tecnología de baterías de clase mundial
Luis Merino 🇪🇸
| Satoshi Club
Thank you for the intro Chris
Ready to jump into community questions?
Chris Enis
The mission of the Libcoin team is to both accelerate the
transition into clean energy while democratizing the community and financial
opportunity through a novel crypto asset.
Henry Rodriguez | Satoshi Club 🇻🇪
Gracias por la introducción Chris
Luis Merino 🇪🇸
| Satoshi Club
Oh, you didn’t finish, sorry haha
Take your time
Henry Rodriguez | Satoshi Club 🇻🇪
Listo para saltar a las preguntas de la comunidad?
La misión del equipo de Libcoin es tanto acelerar la
transición hacia la energía limpia como democratizar la comunidad y la
oportunidad financiera a través de un novedoso criptoactivo.
Chris Enis
The libcoin will be the first crypto asset that offers
potential holders exposure to investments and rewards in the booming battery
technology industry. We expect to offer significant rewards for the Libcoin
ecosystem. For instance our backers are building India’s first gigafactory and
have committed 25% of revenue to annual token burn. With a projected annual
revenue of $5b this flagship project is sure to position Libcoin as a major
brand and player in the coming years
This project will innovate on the concept of ‘greencoin’ and
bring a truly novel hardware linked crypto asset into the space. The success of
the project will depend on the seasoned and experienced Libcoin board which
includes some of the leading minds in the renewable energy and fintech space.
Furthermore, Libcoin is working with only top-tier business partners to support
the token launch. For instance, our tokenomics has been designed by the Outlier
Ventures linked Edge & Pace advisors, the legal opinion has been provided
by Kenneth Oh from Dentons, and our code has been reviewed by Certik, just to
name a few.
Henry Rodriguez | Satoshi Club 🇻🇪
Oh, no has terminado, lo siento jaja
Tómate tu tiempo
Chris Enis
Am done ,
Thanks for the Hospitality
Luis Merino 🇪🇸
| Satoshi Club
Then let’s move into the questions
P1 del usuario de Telegram @jameslekan664
Entiendo que la plataforma Libcoin tiene planes de construir una Gigafábrica de baterías de iones de litio. Construir y operar una Gigafactory cuesta muchos fondos. ¿De qué maneras principales la plataforma Libcoin tiene como objetivo recaudar capital para construir la Gigafactory y ponerla en funcionamiento lo antes posible? ¿Qué empresas son sus principales inversores y patrocinadores? ¿Qué roles cumplirá el token $LIB en las operaciones de Gigafactory?
++++++++++++++
I understand that the Libcoin platform has plans of building a Lithium-ion battery Gigafactory. Building and running a Gigafactory costs a lot of funds. In what major ways does the Libcoin platform aim to raise capital for building the Gigafactory and get it up an running as soon as possible? What companies are your major investors and backers? What roles will the $LIB token serve in the Gigafactory’s operations?
Chris Enis
Sure
Henry Rodriguez | Satoshi Club 🇻🇪
La libcoin será el primer criptoactivo que ofrece a sus
potenciales titulares exposición a inversiones y recompensas en la floreciente
industria de la tecnología de baterías. Esperamos ofrecer recompensas
significativas para el ecosistema Libcoin. Por ejemplo, nuestros patrocinadores
están construyendo la primera gigafábrica de la India y se han comprometido a
destinar el 25% de los ingresos a la quema anual de tokens. Con una previsión
de ingresos anuales de 5.000 millones de dólares, este proyecto insignia
seguramente posicionará a Libcoin como una marca y un actor importante en los
próximos años
Este proyecto innovará en el concepto de ‘greencoin’ y
aportará un criptoactivo vinculado al hardware verdaderamente novedoso en el
espacio. El éxito del proyecto dependerá de la experimentada junta de Libcoin,
que incluye algunas de las mentes más destacadas en el espacio de las energías
renovables y las tecnologías financieras. Además, Libcoin está trabajando sólo
con socios comerciales de primer nivel para apoyar el lanzamiento del token.
Por ejemplo, nuestra tokenómica ha sido diseñada por los asesores de Outlier
Ventures linked Edge & Pace, la opinión legal ha sido proporcionada por
Kenneth Oh de Dentons, y nuestro código ha sido revisado por Certik, sólo por
nombrar algunos.
Chris Enis
Libcoin has a mission to be a key player in this exploding
market
Henry Rodriguez | Satoshi Club 🇻🇪
Ya he terminado
Gracias por la hospitalidad
Henry Rodriguez | Satoshi Club 🇻🇪
Entonces pasemos a las preguntas
Chris Enis
How? They have partnered with some of the top battery
technology companies, producers, and governments to create plans for building a
Giga factory in India
Yes, like Elon Musk /Tesla’s factories but then in India.
Part of the mission is to make this high growth market accessible to a new
class of investors. sort of like low cost stock market apps like Robinhood, but
then democratised through crypto.
Henry Rodriguez | Satoshi Club 🇻🇪
Seguro
Chris Enis
75% of the project has been funded the traditional way with
loans and bonds but 25% will go to the LIBCOIN ecosystem — you guys.
Henry Rodriguez | Satoshi Club 🇻🇪
Libcoin tiene la misión de ser un actor clave en este
mercado en explosión
Chris Enis
It’s our future and we all deserve to be own a part of it.
Crypto opens up this new innovative method of financing by allowing anybody to
own a direct stake into the Libcoin project. If you buy Libcoin, you own part
of their mission, their activities, and their revenue. Let’s go into more
detail. So its a reward token, it will go up in value
Henry Rodriguez | Satoshi Club 🇻🇪
¿Cómo? Se han asociado con algunas de las principales
empresas de tecnología de baterías, productores y gobiernos para crear planes
de construcción de una fábrica de Giga en la India.
Sí, como las fábricas de Elon Musk /Tesla pero en la India.
Parte de la misión es hacer que este mercado de alto crecimiento sea accesible
a una nueva clase de inversores. Algo así como las aplicaciones bursátiles de
bajo coste como Robinhood, pero democratizadas a través de las cripto.
Henry Rodriguez | Satoshi Club 🇻🇪
El 75% del proyecto se ha financiado de la manera
tradicional con préstamos y bonos, pero el 25% irá al ecosistema LIBCOIN –
ustedes.
Henry Rodriguez | Satoshi Club 🇻🇪
Es nuestro futuro y todos merecemos ser dueños de una parte
de él. La criptografía abre este nuevo e innovador método de financiación al
permitir que cualquiera sea dueño de una participación directa en el proyecto
Libcoin. Si compras Libcoin, eres dueño de parte de su misión, sus actividades
y sus ingresos. Entremos en más detalles. Así que es un token de recompensa,
subirá de valor.
Luis Merino 🇪🇸
| Satoshi Club
Traditional way to invest it into the exploding one
How about partnerships and investors?
Chris Enis
That’s True
Henry Rodriguez | Satoshi Club 🇻🇪
Manera tradicional de invertirlo en el que explota
Before we proceed to the next question, i would love to add
some other details
Henry Rodriguez | Satoshi Club 🇻🇪
Antes de pasar a la siguiente pregunta, me encantaría añadir
algunos otros detalles
Chris Enis
Our tokenomics was designed by Outlier Ventures, they’re an
official advisor to Outlier Ventures one of the best crypto VCs. We are in
talks with so many launchpads and are still finalizing which one we go with. We
are considering Hotbit, Gate, Kucoin, and Binance. Hopefully we can make an
announcement on which one early Jan!
Henry Rodriguez | Satoshi Club 🇻🇪
Nuestro tokenomics fue diseñado por Outlier Ventures, son un
asesor oficial de Outlier Ventures uno de los mejores VCs de criptomonedas.
Estamos en conversaciones con muchas plataformas de lanzamiento y todavía
estamos finalizando con cuál vamos. Estamos considerando Hotbit, Gate, Kucoin y
Binance. Esperemos que podamos anunciar cuál de ellas a principios de enero.
Chris Enis
If you buy libcoin, you own part of their mission, their
activities, and their revenue. Let’s go into more detail.
1. Revenue. Libcoin will be a depreciatory token. This means
that it will go up in value over time. Why? The max supply is capped at 500m.
No more tokens can be minted without a proper governance vote. But more
importantly, Libcoin has committed 25% of annual profits from their battery
factory to be used to burn libcoin
This is HUGE. I’ll let you in on some basic facts. Revenue
is expected to be in the billions. Testla’s Gigafactory is worth in the
billions
with a similar capacity and product Libcoin will see similar
numbers. Remember this is a growing market that will x3 over the next 10 years!
Now think about the current Libcoin coin Market cap and what will happen when
25% of profits are used to burn Libcoin coins… I won’t make it too obvious what
will happen to the price.
2. Governance & Rewards. It’s all about rewarding
Libcoin holders for believing in the mission of battery and green energy! If
you stake your libcoin you will be eligible for rewards from the partners
ranging from a vote in the governance up to cash back on partner products. We
want to create a strategy here and listen to what the community wants but our
team is 100% committed to ensuring the Libcoin holders are engaged and see this
as a long term investment!
Luis Merino 🇪🇸
| Satoshi Club
Sure! Feel free to add as many info as you want
Chris Enis
Lets proceed
Luis Merino 🇪🇸
| Satoshi Club
P2 del usuario de Telegram @josegamboac
The LIB token feature is designed to create a positive feedback loop that allows holders to actively and meaningfully contribute to the development and success of green energy. How does the positive feedback loop of the LIB Token work? What are the benefits of this positive feedback loop? What are the utilities of the LIB Token?
========≠=============================
La característica del token LIB está diseñada para crear un circuito de retroalimentación positiva que permite a los titulares contribuir de manera activa y significativa al desarrollo y éxito de la energía verde. ¿Cómo funciona el ciclo de retroalimentación positiva del token LIB? ¿Cuáles son los beneficios de este ciclo de retroalimentación positiva? ¿Cuáles son las utilidades del Token LIB?
Luis Merino 🇪🇸
| Satoshi Club
Let’s continue
Chris Enis
Let’s talk some numbers… the global lithium-ion battery market size is projected to grow from USD 41.1 billion in 2021 to USD 116.6 billion by 2030… a cool x3. Maybe it doesn’t sound like a lot in the crypto world where x10/x100 are the norm but we are talking about 116 billion market cap!! The entire DeFi market cap currently is only at around $100b so we are talking huge huge huge numbers.
Henry Rodriguez | Satoshi Club 🇻🇪
Si compras libcoin, eres dueño de parte de su misión, sus
actividades y sus ingresos. Entremos en más detalles.
1. Los ingresos. Libcoin será un token depreciable. Esto
significa que subirá de valor con el tiempo. ¿Por qué? La oferta máxima está
limitada a 500 millones. No se pueden acuñar más tokens sin una votación de
gobierno adecuada. Pero lo más importante es que Libcoin se ha comprometido a
que el 25% de los beneficios anuales de su fábrica de baterías se utilicen para
quemar libcoin.
Esto es ENORME. Te voy a dejar algunos datos básicos. Se
espera que los ingresos sean de miles de millones. La Gigafábrica de Testla
está valorada en miles de millones
con una capacidad y producto similar Libcoin verá números
similares. Recuerda que este es un mercado en crecimiento que se multiplicará
por 3 en los próximos 10 años. Ahora piensen en la actual capitalización de
mercado de las monedas Libcoin y lo que pasará cuando el 25% de los beneficios
se utilicen para quemar monedas Libcoin… No voy a hacer demasiado evidente lo
que pasará con el precio.
2. Gobierno y recompensas. ¡Se trata de recompensar a los
poseedores de Libcoin por creer en la misión de la batería y la energía verde!
Si apuestas tu libcoin podrás recibir recompensas de los socios que van desde
un voto en la gobernanza hasta la devolución de dinero en productos de los
socios. ¡Queremos crear una estrategia aquí y escuchar lo que la comunidad
quiere, pero nuestro equipo está comprometido al 100% para asegurar que los
titulares de Libcoin estén comprometidos y vean esto como una inversión a largo
plazo!
Henry Rodriguez | Satoshi Club 🇻🇪
¡Claro! Siéntete libre de añadir toda la información que
quieras
Chris Enis
Now let’s also talk about India. The Green energy transition
is top of mind for the Indian government. You guys know this. India has set an
ambitious target to achieve 100% electrification in the automotive market by
2030.
Henry Rodriguez | Satoshi Club 🇻🇪
Procedamos
Henry Rodriguez | Satoshi Club 🇻🇪
Hablemos de números… se prevé que el tamaño del mercado
mundial de baterías de iones de litio crezca de 41.100 millones de dólares en
2021 a 116.600 millones de dólares en 2030… un genial x3. Tal vez no parezca
mucho en el mundo de las criptomonedas, donde x10/x100 son la norma, pero
¡estamos hablando de 116.000 millones de capitalización de mercado! La
capitalización de mercado de DeFi en su totalidad está actualmente en torno a
los 100.000 millones de dólares, por lo que estamos hablando de cifras enormes.
Chris Enis
According to a CEEW Center for Energy Finance (CEEW-CEF)
study, the Indian EV market will be a $206 billion opportunity by 2030 if India
maintains steady progress to meet its 100% target by 2030. A lot of numbers…
but the key thing to know is that India and the Battery market is going to
explore in the next 10 years!!!!
Henry Rodriguez | Satoshi Club 🇻🇪
Ahora hablemos también de la India. La transición a la
energía verde es lo más importante para el gobierno indio. Ustedes lo saben. La
India se ha fijado el ambicioso objetivo de lograr el 100% de electrificación
en el mercado del automóvil para 2030.
Luis Merino 🇪🇸
| Satoshi Club
Lithium-ion battery is definitely the future
Henry Rodriguez | Satoshi Club 🇻🇪
Según un estudio del CEEW Center for Energy Finance
(CEEW-CEF), el mercado indio de los vehículos eléctricos supondrá una
oportunidad de 206.000 millones de dólares en 2030 si la India mantiene un
progreso constante para cumplir su objetivo del 100% en 2030. Muchas cifras…
pero lo fundamental es saber que la India y el mercado de las baterías van a
explorar en los próximos 10 años!!!!
Henry Rodriguez | Satoshi Club 🇻🇪
La batería de iones de litio es definitivamente el futuro
Chris Enis
Can’t agree less
Next Questiom
Henry Rodriguez | Satoshi Club 🇻🇪
No puedo estar menos de acuerdo
Luis Merino 🇪🇸
| Satoshi Club
Sure
Henry Rodriguez | Satoshi Club 🇻🇪
Proxima pregunta
Luis Merino 🇪🇸
| Satoshi Club
P3 del usuario de Telegram @blessingchum
Hablemos de la seguridad de la plataforma porque la seguridad es un tema de gran preocupación en los proyectos relacionados con DeFi, ya que los estafadores/piratas informáticos siempre buscan una estructura de seguridad débil para explotar. ¿Puede decirnos acerca de la estructura de seguridad de Libcoin que garantiza la máxima seguridad de los fondos de los usuarios? ¿Puede darnos detalles sobre su auditoría? ¿Se han auditado sus contratos inteligentes?
————-
Let’s talk about the platform’s security because security is a matter of major concern in DeFi related projects as scammers/hackers are always on the look for a weak security structure to exploit. Can you tell as about the Libcoin’s security structure that guarantees maximum safety of users funds? Can you give us details on your audit? Have your smart contracts been audited?
Chris Enis
For technology partnership and security we have a great
smart contract provider, Maztechnosoft and it’s audited by Certik (one of the
top security auditors in the crypto space) . As you guys know, certik is one of
the most reputable security and technology auditors in the blockchain space.
We are delighted to announce our partnership with Certik
(https://www.certik.com/)CertiK is a pioneer in blockchain security, utilizing best-in-class AI technology to secure and monitor blockchain protocols and smart contracts.
We have several advisors who are specialized in tokenomics
and crypto who are focused on ensuring DEXs have sufficient liquidity to ensure
no arbitrage opportunities mess up the Libcoin token value .
Chris Enis
Your $LIB is on chain so you directly own part of the
project. These huge companies are staking their brand, you just stake the coin
Luis Merino 🇪🇸
| Satoshi Club
So the audit of Libcoin is on going, right?
Chris Enis
We also will list LIBCOIN on top DEXs to ensure no scammers
take advantage or even steal the LIBCOIN token from unknown users. We will
earmark a portion of the sales for liquidity buffers.
Soeaking of which, Tomorrow is our first public sale on
BitMart so don’t miss out!
Henry Rodriguez | Satoshi Club 🇻🇪
Tenemos varios asesores especializados en tokenómica y
criptomonedas que se centran en asegurar que los DEX tengan suficiente liquidez
para garantizar que ninguna oportunidad de arbitraje estropee el valor del
token de Libcoin
Luis Merino 🇪🇸
| Satoshi Club
99%! Maybe in the next hours it’s complete
Henry Rodriguez | Satoshi Club 🇻🇪
Tu $LIB está en cadena por lo que directamente eres dueño de
parte del proyecto. Estas enormes empresas se juegan su marca, tú solo te
juegas la moneda .
Chris Enis
Public Sale
Just 1️⃣
day to go for the public listing of Libcoin Token $LIB on
Así que la auditoría de Libcoin está en marcha, ¿verdad?
Henry Rodriguez | Satoshi Club 🇻🇪
También listaremos LIBCOIN en los principales DEXs para
asegurar que ningún estafador se aproveche o incluso robe el token LIBCOIN a
usuarios desconocidos. Destinaremos una parte de las ventas a los colchones de
liquidez.
Además, mañana es nuestra primera venta pública en BitMart,
así que no te lo pierdas.
Henry Rodriguez | Satoshi Club 🇻🇪
¡99%! Quizás en las próximas horas esté completo
Henry Rodriguez | Satoshi Club 🇻🇪
Venta pública
Solo falta 1️⃣
día para el listado público del Token Libcoin $LIB en
Un adelanto: El token
LIB aplica un diseño de token de última generación y ofrece una serie de
funcionalidades y utilidades a los poseedores del token.
Libcoin is one of the few crypto projects that is transitioning green energy front and center through real-world assets and exposure. Some other projects like KlimaDAO are also in this space, but they don’t have the institutional backing and support that libcoin has. What are the real world assets and exposure through which LibCoin is driving green energy? What is the institutional backing of LibCoin? Who backs LibCoin? Does LibCoin have a properly configured Legal backing?
======================================
Libcoin es uno de los pocos proyectos criptográficos que está haciendo la transición de la energía verde al frente y al centro a través de activos y exposición del mundo real. Algunos otros proyectos como KlimaDAO también están en este espacio, pero no tienen el respaldo institucional y el apoyo que tiene libcoin. ¿Cuáles son los activos y la exposición del mundo real a través de los cuales LibCoin está impulsando la energía verde? ¿Cuál es el respaldo institucional de LibCoin? ¿Quién respalda a LibCoin? ¿LibCoin tiene un respaldo Legal correctamente configurado?
Henry Rodriguez | Satoshi Club 🇻🇪
Proxima pregunta
Luis Merino 🇪🇸
| Satoshi Club
There you are
Henry Rodriguez | Satoshi Club 🇻🇪
Ahí lo tienes
Chris Enis
This plan has already been directly endorsed by the
government of India and BHEL -> see more information on the original press
release here from the Ministry of External Affairs
https://indbiz.gov.in/bhel-libcoin-to-build-indias-first-li-ion-gigafactory/
You can see the plans have been 2 years in the making so
it’s super exciting to finally have this project gearing up for launch .
Se puede ver que los planes han sido 2 años en la
fabricación por lo que es super emocionante para finalmente tener este proyecto
que se prepara para el lanzamiento .
Chris Enis
This project will be funded easily by eager institutional
and corporate investors. In fact, 75% has already been funded. Work will start
in 2022 to actually build the factory. But part of the mission of Libcoin is to
use new innovative methods of financing that will allow Indian and world
citizens to be a direct stakeholders in the green energy transition.
Chris Enis
Why? Because we are direct stakeholders in the green energy
transition. It’s our future and we deserve to be own a part of it. Crypto opens
up this new innovative method of financing by allowing anybody to own a direct
stake in the Libcoin project.
Henry Rodriguez | Satoshi Club 🇻🇪
Este proyecto será financiado fácilmente por los ansiosos
inversores institucionales y corporativos. De hecho, ya se ha financiado el
75%. Los trabajos comenzarán en 2022 para construir realmente la fábrica. Pero
parte de la misión de Libcoin es utilizar nuevos e innovadores métodos de
financiación que permitan a los ciudadanos de la India y del mundo ser
partícipes directos de la transición energética verde.
Henry Rodriguez | Satoshi Club 🇻🇪
¿Por qué? Porque somos actores directos de la transición
energética verde. Es nuestro futuro y merecemos ser dueños de una parte de él.
La criptografía abre este nuevo e innovador método de financiación al permitir
que cualquiera sea dueño de una participación directa en el proyecto Libcoin
Chris Enis
Libcoin featured in Yahoo News
Libcoin’s Team Australia-based Avass Group gets featured in
@YahooNews as it signs MoU with HRH Prince of Saudi Arabia to manufacture
electric vehicles, lithium batteries
El equipo de Libcoin, con sede en Australia, Avass Group,
aparece en @YahooNews al firmar un MoU con SAR el Príncipe de Arabia Saudí para
fabricar vehículos eléctricos y baterías de litio
Luis Merino 🇪🇸
| Satoshi Club
Green Energy is the way if we want to save our Planet
Chris Enis
The HRH Prince of Saudia arabia signs MoU to manufacture
electric vehicles lithium batteries…so here we really have a solid legal
backing!
Henry Rodriguez | Satoshi Club 🇻🇪
La energía verde es el camino si queremos salvar nuestro planeta
Henry Rodriguez | Satoshi Club 🇻🇪
S.A.R. el Príncipe de Arabia Saudí firma un MoU para
fabricar baterías de litio para vehículos eléctricos… ¡así que aquí sí que
tenemos un sólido respaldo legal!
Luis Merino 🇪🇸
| Satoshi Club
Ready for the last question of part 1 then?
Henry Rodriguez | Satoshi Club 🇻🇪
¿Listo para la ultima pregunta de la parte 1?
Chris Enis
Sure
Henry Rodriguez | Satoshi Club 🇻🇪
Seguro
Luis Merino 🇪🇸
| Satoshi Club
P5 del usuario de Telegram @sofiaisla
Usted menciona que India tiene la quinta mayor venta de vehículos en el planeta, pero está muy por detrás en lo que respecta al avance tecnológico de dichos vehículos. Entonces, con esto en mente, ¿podría decirnos cómo piensa reemplazar los vehículos 100% de combustión por vehículos electrónicos? Para lograr este objetivo, ¿contará con algún tipo de ayuda del gobierno? ¿En cuánto tiempo usted y su equipo creen que este plan se puede llevar a cabo y tener éxito? ¿Meses, años, décadas? Y finalmente, ¿tendrán estos vehículos precios similares a los disponibles actualmente o piensan innovar ofreciendo una mayor accesibilidad al público?
You mention that India has the fifth largest vehicle sales on the planet, but is far behind when it comes to the technological advancement of said vehicles. So with this in mind, could you tell us how you intend to replace 100% combustion vehicles with electronic vehicles? To achieve this goal, will you have some kind of help from the government? How long do you and your team believe that this plan can be carried out and be successful? Months, years, decades? And finally, will these vehicles have prices similar to those currently available or do you plan to innovate by offering greater accessibility to the public?
Luis Merino 🇪🇸
| Satoshi Club
Another question about India. Partially covered
Henry Rodriguez | Satoshi Club 🇻🇪
Otra pregunta sobre la India. Cubierto parcialmente
Chris Enis
Great question and here is why the government puts such
urgency on the electric vehicle transition. India will scale perhaps faster
than any other country over the next decade and we need the capital, resources,
partners and support to make that happen. Libcoin is directly endorsed by the
government because they need all hands on deck. Libcoin’s contribution will be
to increase battery capacity to use for clear Indian electric cars and at the
same time ensuring that the economic benefits are cryptographically ensured and
returned to the LIB holders .
Chris Enis
Also… Libcoin has more plans than one giga factory. Currently
there are actually *four more* that are in advanced talks so we are talking
about a new Tesla Giga competitor in the making, but powered by crypto. And
this will certainly put India’s energy transition on the map.
Henry Rodriguez | Satoshi Club 🇻🇪
Gran pregunta y esta es la razón por la que el gobierno pone
tanta urgencia en la transición del vehículo eléctrico. La India escalará
quizás más rápido que cualquier otro país en la próxima década y necesitamos el
capital, los recursos, los socios y el apoyo para que eso ocurra. Libcoin
cuenta con el respaldo directo del gobierno porque necesita que todos se pongan
manos a la obra. La contribución de Libcoin será aumentar la capacidad de las
baterías para utilizarlas en los coches eléctricos de la India y, al mismo
tiempo, garantizar que los beneficios económicos se aseguren criptográficamente
y se devuelvan a los titulares de LIB
Luis Merino 🇪🇸
| Satoshi Club
Thank you Chris
Henry Rodriguez | Satoshi Club 🇻🇪
Además… Libcoin tiene más planes que una fábrica de gigas.
Actualmente hay en realidad *cuatro más* que están en conversaciones avanzadas
por lo que estamos hablando de un nuevo competidor de Tesla Giga en ciernes,
pero impulsado por cripto. Y esto sin duda pondrá la transición energética de
la India en el mapa
Henry Rodriguez | Satoshi Club 🇻🇪
Gracias Chris
Luis Merino 🇪🇸
| Satoshi Club
Before we move into the second part, please tell us a few
more about the token LIB
Henry Rodriguez | Satoshi Club 🇻🇪
Antes de pasar a la segunda parte, cuéntanos un poco más
sobre el token LIB
Chris Enis
Libcoin is backed by the best advisors and partners
(word-class institutions with proven track records). Confidence in the team and
brand
Libcoin is creating a new asset class in crypto, and its an
opportunity to join something new
Easy 5x opportunity as the giga factory gets built and the
revenues will appreciate the coin value (my thinking, if revenues are predicted
to be $5b (from the official factory business plan)… a conservative profit of
$200m/year and $50m (25%) will be used to buy and burn LIBcoins… and the IEO is
releasing a MC of $15m… think about the upside! Smart investors will see the
financial value and grab those gains) … and why are all these high-rofile
advisors and companies supporting libcoin? They also see the financial
incentives.
You will make your crypto portfolio green with actual action
– i.e. actual projects, not just marketing!
Chris Enis
Libcoin is a governance and reward token that provides
potential holders a unique exposure to investments and rewards in the booming
green battery technology industry. It has brought an innovative way of
financing by allowing anybody to own a direct stake in the Libcoin projects
Libcoin cuenta con el respaldo de los mejores asesores y
socios (instituciones de primer nivel mundial con una trayectoria contrastada).
Confianza en el equipo y en la marca
Libcoin está creando una nueva clase de activos en cripto, y
es una oportunidad para unirse a algo nuevo
Oportunidad fácil de 5x a medida que la fábrica giga se
construye y los ingresos apreciarán el valor de la moneda (mi pensamiento, si
los ingresos se prevén en 5 mil millones de dólares (del plan de negocios
oficial de la fábrica) … un beneficio conservador de 200 millones de dólares
/ año y 50 millones de dólares (25%) se utilizará para comprar y quemar
LIBcoins … y el IEO está liberando un MC de 15 millones de dólares …
¡piensa en el lado positivo! Los inversores inteligentes verán el valor
financiero y cogerán esas ganancias) … ¿y por qué todos estos asesores y
empresas de alto perfil apoyan a libcoin? También ven los incentivos
financieros.
Harán que su cartera de criptomonedas reverdezca con
acciones reales, es decir, ¡proyectos reales, no sólo marketing!
Henry Rodriguez | Satoshi Club 🇻🇪
Libcoin es un token de gobernanza y recompensa que
proporciona a los potenciales poseedores una exposición única a las inversiones
y recompensas en la floreciente industria de la tecnología de baterías verdes.
Ha aportado una forma innovadora de financiación al permitir a cualquiera
poseer una participación directa en los proyectos de Libcoin
Henry Rodriguez | Satoshi Club 🇻🇪
¿Y qué hay de la tokenómica?
Chris Enis
our tokenomics was designed by Outlier Ventures, they’re an
official advisor to Outlier Ventures one of the best crypto VCs.
The tokenomics and value transfer flows are detailed in our
whitepaper, deck, website libcoin.net, it also goes into the rewards and
governance plans. So just want to make sure I share all this — because this is
what Libcoin is all about
Henry Rodriguez | Satoshi Club 🇻🇪
nuestro tokenomics fue diseñado por Outlier Ventures, son un
asesor oficial de Outlier Ventures una de las mejores cripto VC.
Chris Enis
Those who acquire Libcoin will contribute funds to Libcoin.
The Libcoin foundation will earmarked $15m in 2022 to invest into projects
being created by partners such as a battery giga factory. Libcoin will be
entitled to 25% of these project profits and they will use these to burn LIB
token
Chris Enis
This results in a depreciatory pressure on the token
increasing the price over time. That incentivizes the community, you guys, to
buy early and that will help Libcoin partners kick off the projects. Win-Win
Henry Rodriguez | Satoshi Club 🇻🇪
La tokenómica y los flujos de transferencia de valor se
detallan en nuestro whitepaper, deck, sitio web libcoin.net, también entra en
las recompensas y los planes de gobierno. Así que sólo quiero asegurarme de que
comparto todo esto – porque esto es lo que Libcoin es todo acerca de esto .
Chris Enis
We will introduce a rewards ecosystem with our partners.
More details will be revealed in 2022. For instance, token holders can stake
and will be empowered by giving them voting decisions to mint new tokens. Those
being active in polls and governance decisions will be rewarded.
Henry Rodriguez | Satoshi Club 🇻🇪
Los que adquieran Libcoin aportarán fondos a Libcoin. La
fundación Libcoin destinará 15 millones de dólares en 2022 para invertir en
proyectos que están creando los socios, como una fábrica de giga baterías.
Libcoin tendrá derecho al 25% de los beneficios de estos proyectos y los
utilizará para quemar token de LIB.
Chris Enis
Key thing to remember though is that potentially millions
will be used to burn $LIB every year. So buy early before the price is too high
like other green depreciatory tokens like KLIMADAO which is already in the
thousands
Henry Rodriguez | Satoshi Club 🇻🇪
Esto resulta en una presión de depreciación del token que
aumenta el precio con el tiempo. Eso incentiva a la comunidad, a vosotros, a
comprar pronto y eso ayudará a los socios de Libcoin a poner en marcha los
proyectos. Ganar-Ganar.
Henry Rodriguez | Satoshi Club 🇻🇪
Introduciremos un ecosistema de recompensas con nuestros
socios. En 2022 se revelarán más detalles. Por ejemplo, los poseedores de
tokens pueden participar y se les dará poder de decisión de voto para acuñar nuevos
tokens. Aquellos que sean activos en las encuestas y en las decisiones de
gobierno serán recompensados.
Chris Enis
Henry Rodriguez | Satoshi Club 🇻🇪
Lo clave para recordar sin embargo es que potencialmente
millones se utilizarán para quemar $LIB cada año. Así que comprar temprano
antes de que el precio es demasiado alto como otros tokens depreciación verde
como KLIMADAO que ya está en el thousands.
Henry Rodriguez | Satoshi Club 🇻🇪
What are the reasons for these two Phases?
Henry Rodriguez | Satoshi Club 🇻🇪
¿Cuáles son las razones de estas dos fases?
Chris Enis
IEO got recently finished (April 5) and more exchange
listings to come (April 8 onwards!)
Henry Rodriguez | Satoshi Club 🇻🇪
La OEI ha finalizado recientemente (5 de abril) y se
avecinan más listados de intercambio (¡a partir del 8 de abril!)
Do you want to move into the second part of the AMA?
@chrisenis
(Live questions)
Henry Rodriguez | Satoshi Club 🇻🇪
¿Quieres pasar a la segunda parte del AMA? @chrisenis (Preguntas en vivo)
Chris Enis
Sure
Luis Merino 🇪🇸
| Satoshi Club
Let’s go
Henry Rodriguez | Satoshi Club 🇻🇪
Seguro
Luis Merino 🇪🇸
| Satoshi Club
SatoshiClubbers abriremos el chat en 15 segundos. Buena
suerte!
Henry Rodriguez | Satoshi Club 🇻🇪
Vamos
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Shiva_shivi
I want to know more about the “Duggal family Trust” DFT Group and its relation with the Libcoin Team?
Quiero saber más sobre el grupo DFT “Duggal family Trust” y su relación con el equipo de Libcoin.
Chris Enis
Then the other key piece is the business execution power, which is the Duggal Family Trust (DFT) and the DFT Group of Companies. The DFT Group established in 2012, is an investment trust that invests and manages in a range of industries that includes real estate, commodity trading, facility protection and integrated security services, engineering and construction, electric transport and battery storage. They have a track record of HUGE energy project execution, wind farms, solar, and battery. So they have already locked down the plans for building the first giga factory in India (the link Ishared that was endorsed by the govt of India and BHEL)
Luego la otra pieza clave es el poder de ejecución del negocio, que es el Duggal Family Trust (DFT) y el Grupo de Empresas DFT. El Grupo DFT establecido en 2012, es un fideicomiso de inversión que invierte y gestiona en una gama de industrias que incluye bienes raíces, comercio de productos básicos, protección de instalaciones y servicios de seguridad integrados, ingeniería y construcción, transporte eléctrico y almacenamiento de baterías . Tienen un historial de ejecución de proyectos energéticos ENORME, parques eólicos, solares y de baterías. Así que ya tienen cerrados los planes para construir la primera fábrica de giga en la India (el enlace Ishared que fue avalado por el gobierno de la India y BHEL)
Q2 from Telegram user @satishgmr
Can you please talk about your collaboration with Avass,
As Avass is a company of Australia, how are you going to work with them in the field of EV manufacturing?
¿Puede hablar sobre su colaboración con Avass,
Como Avass es una empresa de Australia, ¿Cómo va a trabajar con ellos en el campo de la fabricación de vehículos eléctricos?
Chris Enis
Avass was founded in 2011 in Melbourne, Australia, and has a proud and successful history in developing the world’s leading battery storage technology and electric vehicle manufacturing. They actually hold the Guinness world record for EV bus with the longest range in the world. So they’re the ones who will bring the expertise and knowledge to manufacture world class lithium ion batteries.
Avass fue fundada en 2011 en Melbourne, Australia, y tiene una historia orgullosa y exitosa en el desarrollo de la tecnología de almacenamiento de la batería líder en el mundo y la fabricación de vehículos eléctricos.
De hecho, tienen el récord mundial Guinness del autobús EV con mayor autonomía del mundo. Así que son ellos los que aportarán la experiencia y los conocimientos para fabricar baterías de iones de litio de primera clase. e
Q3 from Telegram user @Ravan_since_1996
When is your public sale gonna starting? And what do we have to do to participate in it?
¿Cuándo comenzará su venta pública? ¿Y qué tenemos que hacer para participar en él?
Chris Enis
Bitmart Primary Listing April 8, 2022
BitMart is thrilled to announce the primary listing of Libcoin (LIB) on April 8, 2022.
LIB/USDT trading pair will be available. Please note the dates for available features below:
Trade Feature: 4/8/2022 10:00 AM (EDT) Withdraw Feature: 4/9/2022 10:00 AM (EDT) Deposit Feature: 4/11/2022 10:00 AM (EDT)
Listado primario de Bitmart el 8 de abril de 2022
BitMart se complace en anunciar el listado primario de Libcoin (LIB) el 8 de abril de 2022.
El par comercial LIB/USDT estará disponible. Por favor, tenga en cuenta las fechas para las características disponibles a continuación:
Característica de comercio: 4/8/2022 10:00 AM (EDT)
Función de retirada: 4/9/2022 10:00 AM (EDT)
Función de depósito: 4/11/2022 10:00 AM (EDT)
You’ve Just listed the $LIB token on Bitmart Exchange, When can we see the token listing on other exchange also?
Acaba de incluir el token $LIB en Bitmart Exchange, ¿Cuándo podemos ver la lista de tokens en otro intercambio también?
Chris Enis
We are in talks with so many launchpads and are still finalizing which one we go with. More to come this Q2 onwards!We are considering Hotbit, Gate, Kucoin, and Binance. So stay tuned with our social media and community to be in the know first!
Estamos en conversaciones con muchísimos launchpads y aún estamos ultimando con cuál nos vamos. Más en el segundo trimestre .Estamos considerando Hotbit, Gate, Kucoin y Binance. Así que estén atentos a nuestras redes sociales y a la comunidad para estar informados primero.
Q5 from Telegram user @Silica432
I want to know Some key Points about the BUYBACK AND BURN FEATURE OF THE $LIB TOKEN , How You Will maintain its Price and Value ?
Quiero saber algunos puntos clave sobre el FUNCIÓN DE RECOMPRA Y QUEMA DEL TOKEN $LIB, ¿cómo mantendrá su precio y valor?
Chris Enis
25% of net profits from the initial giga factory will be used to buy and burn $LIB from the market. This will be guaranteed by a top auditing firm like KPMG. These factories will have cash flows for years and years to come so $LIB will consistently rise in price and it gets increasingly scarce. Its depreciatory so once you buy it at a huge discount when we go live in Jan… HODL!
El 25% de los beneficios netos de la fábrica inicial de gigas se utilizará para comprar y quemar $LIB del mercado. Esto será garantizado por una firma auditora de primer nivel como KPMG. Estas fábricas tendrán flujos de caja durante años y años por lo que el $LIB subirá constantemente de precio y cada vez será más escaso. Su depreciación así que una vez que lo compres con un gran descuento cuando salga en enero… ¡¡HODL!!!
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:
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 Libcoin Indonesia and our guest was . The AMA took place on the 4th of April.
The AMA session was divided into 3 parts with a total crypto reward pool of $100
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jack The Winner
Good night dear Satoshi club Indonesia members, we are happy
to have LibCoin to our live AMA session today. We have @chrisenis with us to talk more about LibCoin
Selamat malam anggota Satoshi club Indonesia yang terhormat,
kami senang LibCoin hadir di sesi AMA langsung hari ini. Kami memiliki
@chrisenis bersama kami untuk berbicara lebih banyak tentang LibCoin
Jack The Winner
Welcome @chrisenis to Satoshi club Indonesia
Selamat datang @chrisenis di satoshi club Indonesia
Robocop | Satoshi Club
Hello Satoshi Club Indonesia community, we are happy to have
AMA with Libcoin
today our guest are @chrisenis //
Halo komunitas Satoshi Club,
Hari ini kita akan mengadakan AMA dengan Libcoin
hari ini tamu kita adalah @chrisenis
Chris Enis
Hello Everyone, Am glad to be here today
Robocop | Satoshi Club
Welcome to Satoshi Club Indonesia @chrisenis
Jack The Winner
Alright, Kindly start with introduce yourself and tell us
please about your position in LibCoin?
Baiklah, Silakan mulai dengan memperkenalkan diri Anda dan
beri tahu kami tentang posisi Anda di LibCoin?
Robocop | Satoshi Club
Halo Semuanya, Senang berada di sini hari ini
Chris Enis
Am Chris Enis, Libcoins Community Manager.
I have been in the blockchain space for 3 years now
Jack The Winner
Sounds great, how much total members of core team of LibCoin
and what were their background and experience ?
Robocop | Satoshi Club
Saya Chris Enis, Manajer Komunitas Libcoins.
Saya telah berada di ruang blockchain selama 3 tahun
sekarang
Chris Enis
Libcoin’s team consists of bankers, lawyers, technologists,
and industry professionals with decades of experience in top-tier firms and on
the cutting edge of innovation.
Robocop | Satoshi Club
Tim Libcoin terdiri dari bankir, pengacara, teknolog, dan
profesional industri dengan pengalaman puluhan tahun di perusahaan papan atas
dan terdepan dalam inovasi.
Chris Enis
Henry Behnke for instance,
(https://www.linkedin.com/in/henry-behnke-7413285/) a senior team member, is
the COO of Novivolt, a US based Lithium-Ion Manufacturer. Previously he was the
CTO of China Solar Energy Holdings which IPO’d on the Hong Kong Stock Exchange.
Robocop | Satoshi Club
Impressive ! Dream team
Jack The Winner
Wow seems great team
Chris Enis
Our President is George H. Gregor. He’s a senior executive
with experience in banking services for domestic and international capital
markets. Led or actively participated in several important securities industry
initiatives and innovations, with a heavy emphasis on international and
cross-border activity, including emerging markets. Risk-oriented and
marketing-driven. Strong consultative skills, especially at senior levels in
governments and multinationals.
Robocop | Satoshi Club
Henry Behnke misalnya, (https://www.linkedin.com/in/henry-behnke-7413285/) anggota tim senior, adalah COO Novivolt, Produsen Lithium-Ion yang berbasis di AS. Sebelumnya beliau adalah CTO China Solar Energy Holdings yang melakukan IPO di Bursa Efek Hong Kong.
Presiden kita adalah George H. Gregor. Beliau adalah seorang
eksekutif senior dengan pengalaman dalam layanan perbankan untuk pasar modal
domestik dan internasional. Memimpin atau berpartisipasi aktif dalam beberapa
inisiatif dan inovasi industri sekuritas yang penting, dengan penekanan besar
pada aktivitas internasional dan lintas batas, termasuk pasar negara
berkembang. Berorientasi pada risiko dan didorong oleh pemasaran. Keterampilan
konsultatif yang kuat, terutama di tingkat senior di pemerintahan dan
perusahaan multinasional.
Jack The Winner
Ok sound great, and next give us an introduction about
LibCoin. What is LibCoin?what was the initial thoughts behind this project?
Oke terdengar bagus, dan selanjutnya beri kami pengenalan
tentang LibCoin. Apa itu LibCoin Apa pemikiran awal di balik proyek ini?
Chris Enis
Libcoin is supercharging crypto by plugging in the first
tokenized gigafactory. The coin democratizes access to a new class of investors
to participate in top-tier green energy investments
Robocop | Satoshi Club
Libcoin meningkatkan crypto dengan mencolokkan gigafactory
tokenized pertama. Koin mendemokratisasikan akses ke kelas investor baru untuk
berpartisipasi dalam investasi energi hijau tingkat atas
Chris Enis
The mission of the Libcoin team is to both accelerate the
transition into clean energy while democratizing the community and financial
opportunity through a novel crypto asset
Robocop | Satoshi Club
Misi tim Libcoin adalah untuk mempercepat transisi ke energi
bersih sekaligus mendemokratisasikan komunitas dan peluang finansial melalui
aset kripto baru
Jack The Winner
Where to buy LibCoin ?
Chris Enis
The libcoin will be the first crypto asset that offers
potential holders exposure to investments and rewards in the booming battery
technology industry. We expect to offer significant rewards for the Libcoin
ecosystem. For instance our backers are building India’s first gigafactory and
have committed 25% of revenue to annual token burn. With a projected annual
revenue of $5b this flagship project is sure to position Libcoin as a major
brand and player in the coming years.
Jack The Winner
Kindly type “done” if already finish so that we
can move to next questions
Robocop | Satoshi Club
Libcoin akan menjadi aset kripto pertama yang menawarkan
eksposur pemegang potensial untuk investasi dan penghargaan dalam industri
teknologi baterai yang sedang booming. Kami berharap dapat menawarkan hadiah
yang signifikan untuk ekosistem Libcoin. Misalnya pendukung kami sedang
membangun gigafactory pertama di India dan telah berkomitmen 25% dari
pendapatan untuk pembakaran token tahunan. Dengan proyeksi pendapatan tahunan
sebesar $5 miliar, proyek unggulan ini pasti akan memposisikan Libcoin sebagai
merek dan pemain utama di tahun-tahun mendatang.
Robocop | Satoshi Club
20% Discount on $LIB
This is not a drill, we repeat this is not a drill
Get an exclusive 20% discount on $LIB for 24 hours
Everyone can buy during our IEO tomorrow. and we are giving
discounts
Jack The Winner
Wow nice,, in where exchange ?
Robocop | Satoshi Club
Semua orang dapat membeli selama IEO kami besok. dan kami
memberikan diskon
Chris Enis
Bitmart Exvhange @BitMartExchange
Jack The Winner
So excited
Jack The Winner
By the way, can you share tokenomics of LibCoin？
Ngomong-ngomong bisakah Anda membagikan tokenomik dari
LibCoin
Chris Enis
I can Imagine
Our tech team chose Ethereum. The team is very excited for
Eth 2.0 and the roll-up solutions and believe ERC20 is the way to go for the
most sustainable and scalable blockchain while still preserving security and
compostability.
Robocop | Satoshi Club
Tim teknologi kami memilih Ethereum. Tim sangat bersemangat
untuk Eth 2.0 dan solusi roll-up dan percaya ERC20 adalah cara untuk menuju
blockchain yang paling berkelanjutan dan terukur sambil tetap menjaga keamanan
dan kompos.
Chris Enis
Ethereum uses PoW which is not the greenest but the move to
PoS will make it one of the greenest chains while not sacrificing security and
robustness as other networks have. This was our reasoning. So for tokenomics,
there will be a max supply of 500 million. No more tokens can be minted without
a vote from Libcoin token holders. This is to ensure Libcoin will be
depreciatory and value is returned to LIBCOIN HODLers. here is our latest pitch
deck with more details on our tokenomics.
Robocop | Satoshi Club
Ethereum menggunakan PoW yang bukan yang paling hijau tetapi
perpindahan ke PoS akan menjadikannya salah satu rantai paling hijau tanpa
mengorbankan keamanan dan ketahanan seperti yang dimiliki jaringan lain. Ini
adalah alasan kami. Jadi untuk tokennomics akan ada supply maksimal 500 juta.
Tidak ada lagi token yang dapat dicetak tanpa suara dari pemegang token
Libcoin. Ini untuk memastikan Libcoin akan terdepresiasi dan nilainya
dikembalikan ke LIBCOIN HODLers. ini adalah dek pitch terbaru kami dengan
detail lebih lanjut tentang tokennomics kami.
Chris Enis
How can you join the libcoin community? watch out for our
IEO tomorrow. If you’d like to know first we will update you in our Telegram
community so be sure to join if you’d like first information and not miss out!
After we will also list on DEXs like Uniswap and we are also considering BSC /
Pancake swap based on some community feedback.
Jack The Winner
Yeah ETH network have good security
Robocop | Satoshi Club
Bagaimana Anda bisa bergabung dengan komunitas libcoin?
nantikan IEO kami besok. Jika Anda ingin tahu terlebih dahulu, kami akan
memperbarui Anda di komunitas Telegram kami, jadi pastikan untuk bergabung jika
Anda ingin informasi pertama dan tidak ketinggalan! Setelah itu kami juga akan
mendaftar di DEX seperti Uniswap dan kami juga mempertimbangkan pertukaran BSC
/ Pancake berdasarkan beberapa umpan balik komunitas.
Robocop | Satoshi Club
Thank you for the great intro , are you ready for part 1
with 5 question from our community ?
Terima kasih atas intro yang luar biasa , apakah Anda siap
untuk bagian 1 dengan 5 pertanyaan dari komunitas kami?
Jack The Winner
Alright seems like very clear answer for basic questions
We can move to 5 questions from community
Chris Enis
Sure lets proceed
Robocop | Satoshi Club
Q1 telegram user @pktoo
After joining your community on Telegram, I saw an announcement which says that We are super elated to announce that Libcoin Token $LIB IEO Listing will take place on
@BitMartExchange, congratulations on that, well my main interest was About the IEO which was was scheduled to start 5th April, 2:00 PM UTC to 6th April, 2:00 PM UTC, please, can you help in providing details or guidelines that we could follow in other for us to participate in these Opportunity? What would be the Minimum and maximum ammount of $LIB token one could Purchase in these IEO?
===================================
Setelah bergabung dengan komunitas Anda di Telegram, saya melihat pengumuman yang mengatakan bahwa Kami sangat gembira mengumumkan bahwa Daftar Libcoin Token $LIB IEO akan berlangsung pada
@BitMartExchange, selamat atas itu, nah minat utama saya adalah Tentang IEO yang dijadwalkan mulai 5 April, 14:00 UTC hingga 6 April, 14:00 UTC, tolong, dapatkah Anda membantu memberikan detail atau pedoman yang kita bisa mengikuti di lain bagi kita untuk berpartisipasi dalam Peluang ini? Berapa jumlah minimum dan maksimum token $LIB yang dapat dibeli di IEO ini?
Robocop | Satoshi Club
half already covered, but i believe there is news and update
that you can give in here for this question
setengah sudah tertutup, tetapi saya yakin ada berita dan
pembaruan yang dapat Anda berikan di sini untuk pertanyaan ini
Chris Enis
Hi! Yes we are excited to announce that we will be listed on
Bitmart tomorrow! And that is right, don’t miss the chance to get 20% off LIB
within 24 hour flash sale tomorrow!
Robocop | Satoshi Club
Hai! Ya, kami sangat senang mengumumkan bahwa kami akan
terdaftar di Bitmart besok! Dan itu benar, jangan lewatkan kesempatan untuk
mendapatkan diskon 20% untuk LIB dalam 24 jam flash sale besok!
Chris Enis
Start Time: 10:00 AM 4/5/2022 EDT – 10:00 AM 4/6/2022 EDT
Thank you for sharing this, Don’t miss this opportunity
Satoshi Club Indonesia
Robocop | Satoshi Club
Terima kasih telah berbagi ini, Jangan lewatkan kesempatan
ini Satoshi Club Indonesia
Let’s continue to next question
Robocop | Satoshi Club
Q2 telegram user @Pelusapinto21
LibCoin has a HUGE long-term vision. In the short term, we expect investors to benefit from an appreciation in the price of the Libcoin token as the market learns of the value of the Giga factory (billions…) and we launch our government reward programs, participation and incentives. How users can benefit from the LIB token? What are the opportunities to earn income through LIB actively and passively? Can you provide us with information about government reward programs, participation and incentives?
===================================
LibCoin memiliki visi jangka panjang yang BESAR. Dalam jangka pendek, kami berharap investor mendapat manfaat dari apresiasi harga token Libcoin karena pasar mempelajari nilai pabrik Giga (miliar…) dan kami meluncurkan program penghargaan, partisipasi, dan insentif pemerintah kami. Bagaimana pengguna bisa mendapatkan keuntungan dari token LIB? Apa saja peluang untuk mendapatkan penghasilan melalui LIB secara aktif dan pasif? Dapatkah Anda memberi kami informasi tentang program penghargaan pemerintah, partisipasi dan insentif?
Chris Enis
75% of the project has been funded the traditional way with
loans and bonds
but 25% will go to the LIBCOIN ecosystem — you guys
Robocop | Satoshi Club
75% proyek telah didanai dengan cara tradisional dengan
pinjaman dan obligasi
tetapi 25% akan masuk ke ekosistem LIBCOIN — kalian
Chris Enis
It’s our future and we all deserve to be own a part of it.
Crypto opens up this new innovative method of financing by allowing anybody to
own a direct stake into the Libcoin project. If you buy Libcoin, you own part
of their mission, their activities, and their revenue. Let’s go into more
detail. so its a reward token, it will go up in value.
Robocop | Satoshi Club
Ini masa depan kita dan kita semua pantas menjadi bagian
darinya. Crypto membuka metode pembiayaan inovatif baru ini dengan mengizinkan
siapa saja untuk memiliki saham langsung ke dalam proyek Libcoin. Jika Anda
membeli Libcoin, Anda memiliki bagian dari misi mereka, aktivitas mereka, dan
pendapatan mereka. Mari kita bahas lebih detail. jadi ini adalah token hadiah,
nilainya akan naik.
Chris Enis
Why?
1. The max supply is capped at 500m. No more tokens can be
minted without a proper governance vote
2. Libcoin has committed 25% of annual profits from their
battery factory to be used to burn Libcoin
So put 2 and 2 together, real cash coming in and burning
LIB, it gets more and more scarce over time.
The gigafactory Revenue is expected to be in the billions
btw Testla’s Gigafactory is worth in the billions
$5 Billion Tesla Gigafactory Worth $50 Billion, analyst
estimates originally published on EV Obsession. An analyst at Global Equities
Research by the name of Trip Chowdhry has publicly commented that he considers
the…
So I let you guys due your own due diligence here.
Robocop | Satoshi Club
Mengapa?
1. Pasokan maksimum dibatasi pada 500m. Tidak ada lagi token
yang dapat dicetak tanpa suara tata kelola yang tepat
2. Libcoin telah berkomitmen 25% dari keuntungan tahunan
dari pabrik baterai mereka untuk digunakan untuk membakar Libcoin
Jadi gabungkan 2 dan 2, uang nyata masuk dan membakar LIB,
semakin lama semakin langka.
Pendapatan gigafactory diperkirakan mencapai miliaran,
tetapi Gigafactory Testla bernilai miliaran
$ 5 Miliar Tesla Gigafactory Senilai $ 50 Miliar, perkiraan
analis awalnya diterbitkan di EV Obsession. Seorang analis di Global Equities
Research dengan nama Trip Chowdhry telah secara terbuka berkomentar bahwa ia
menganggap…
Jadi saya membiarkan kalian melakukan due diligence Anda
sendiri di sini.
Robocop | Satoshi Club
Awesome ! LibCoin really have much utility and function
Robocop | Satoshi Club
by the way how about the security for LibCoin ? do you
already do audit and how the result ?
Robocop | Satoshi Club
omong-omong, bagaimana dengan keamanan untuk LibCoin? apakah
anda sudah melakukan audit dan bagaimana hasilnya ?
Chris Enis
Partnership Announcement
We are delighted to announce our partnership with Certik
(https://www.certik.com/)CertiK is a pioneer in blockchain security, utilizing best-in-class AI technology to secure and monitor blockchain protocols and smart contracts.
Dengan senang hati kami mengumumkan kemitraan kami dengan
Certik
(https://www.certik.com/)CertiK adalah pelopor dalam keamanan blockchain, memanfaatkan teknologi AI terbaik di kelasnya untuk mengamankan dan memantau protokol blockchain dan kontrak pintar.
Do you want to add anything or we can move to 3rd question ?
//Apakah Anda ingin menambahkan sesuatu atau kita bisa pindah ke pertanyaan
ke-3?
Chris Enis
Anytgime
Robocop | Satoshi Club
Q3 telegram user @Lestmarisv13
LibCoin owns A consortium of partners, including Australia-based Avass, a leading global manufacturer of battery storage and electric vehicles (EVs), joins forces with the Duggal Family Trust (DFT) to raise funds for the development of the first India. Can you tell us more about Avass the main partner of LibCoin? What is Avass? Do you want to participate in Avass with LibCoin? What is the India Gigafactory that is under development? When do you estimate it will be available?
===================================
LibCoin memiliki Sebuah konsorsium mitra, termasuk Avass yang berbasis di Australia, produsen global terkemuka penyimpanan baterai dan kendaraan listrik (EV), bergabung dengan Duggal Family Trust (DFT) untuk mengumpulkan dana untuk pengembangan India pertama. Bisakah Anda memberi tahu kami lebih banyak tentang Avass, mitra utama LibCoin? Apa itu Avass? Apakah Anda ingin berpartisipasi dalam Avass dengan LibCoin? Apa Gigafactory India yang sedang dikembangkan? Kapan Anda memperkirakan itu akan tersedia?
Chris Enis
We have a long list of partners, please check out our
website! libcoin.net
But let’s call out a few.
Jack The Winner
Kami memiliki daftar panjang mitra, silakan periksa situs
web kami! libcoin.net Tapi mari kita sebut beberapa.
Chris Enis
Our battery technology partner is Avass
https://www.avass.com.au/
Chris Enis
it’s an Australian company and they’re committed to
establishing world-class, mass manufacturing facilities with aims to be one of
the most powerful and respected Electric Vehicle Brands across the globe
Jack The Winner
Mitra teknologi baterai kami adalah Avass
https://www.avass.com.au/
Chris Enis
Avass has already proven its technology on the ground:
commercial buses are already running with more than 800km range on a single
charge and the car prototype R800 is already produced with a ground-breaking
technology of producing 1160km within a single charge. Check out their website,
they hold the Guinness world record for EV bus with the longest range so you
know they’re first-class
Jack The Winner
ini adalah perusahaan Australia dan mereka berkomitmen untuk
membangun fasilitas manufaktur massal kelas dunia dengan tujuan menjadi salah
satu Merek Kendaraan Listrik yang paling kuat dan dihormati di seluruh dunia
Chris Enis
Another one to call out is the Duggal Family Trust.
Jack The Winner
Avass telah membuktikan teknologinya di lapangan: bus
komersial sudah berjalan dengan jangkauan lebih dari 800km dengan sekali pengisian
dan prototipe mobil R800 sudah diproduksi dengan teknologi terobosan untuk
menghasilkan 1160km dalam sekali pengisian. Lihat situs web mereka, mereka
memegang rekor dunia Guinness untuk bus EV dengan jangkauan terpanjang sehingga
Anda tahu mereka kelas satu
Satu lagi untuk dipanggil adalah Duggal Family Trust.
Chris Enis
The DFT Group is a big group of Companies and is active in
Australia, Singapore, India, New Zealand, China and Indonesia but with
activities all over the world in other countries such as Hong Kong, Macau,
Mauritius, Peru, Turkey, Nigeria, Russia, South Africa, the UK and the US
Robocop | Satoshi Club
Impressive ! LibCoin have great partner
Chris Enis
So that just gives you an idea of their reach and network,
and they’re *fully committed* to make Libcoin a success other key partners to
call out are Dentons, a top tier law firm who is ensuring Libcoin is compliant
in all the jurisdiction regulations as well as KPMG who is doing the financial
auditing and will ensure that 25% of project profits are returned to libcoin
holders.
This plan has already been directly endorsed by the
government of India and BHEL -> see more information on the original press
release here from the Ministry of External Affairs
https://indbiz.gov.in/bhel-libcoin-to-build-indias-first-li-ion-gigafactory/
You can see the plans have been 2 years in the making so
it’s super exciting to finally have this project gearing up for launch.
This project will be funded easily by eager institutional
and corporate investors. In fact, 75% has already been funded. Work will start
in 2022 to actually build the factory. But part of the mission of Libcoin is to
use new innovative methods of financing that will allow Indian and world
citizens to be a direct stakeholders in the green energy transition.
Jack The Winner
Grup DFT adalah grup Perusahaan besar dan aktif di
Australia, Singapura, India, Selandia Baru, Cina, dan Indonesia, tetapi dengan
aktivitas di seluruh dunia di negara lain seperti Hong Kong, Makau, Mauritius,
Peru, Turki, Nigeria, Rusia, Afrika Selatan, Inggris, dan AS
Jack The Winner
Jadi itu hanya memberi Anda gambaran tentang jangkauan dan
jaringan mereka, dan mereka *berkomitmen penuh* untuk menjadikan Libcoin
sukses, mitra utama lainnya untuk dipanggil adalah Dentons, firma hukum tingkat
atas yang memastikan Libcoin patuh di semua yurisdiksi peraturan serta KPMG
yang melakukan audit keuangan dan akan memastikan bahwa 25% dari keuntungan
proyek dikembalikan ke pemegang libcoin. Rencana ini telah disetujui secara
langsung oleh pemerintah India dan BHEL -> lihat informasi lebih lanjut
tentang siaran pers asli di sini dari Kementerian Luar Negeri
Anda dapat melihat bahwa rencananya telah dibuat selama 2
tahun, jadi sangat menyenangkan akhirnya proyek ini siap diluncurkan. Proyek
ini akan didanai dengan mudah oleh investor institusi dan korporasi yang
bersemangat. Bahkan, 75% sudah dibiayai. Pekerjaan akan dimulai pada 2022 untuk
benar-benar membangun pabrik. Tetapi bagian dari misi Libcoin adalah
menggunakan metode pembiayaan inovatif baru yang memungkinkan warga negara
India dan dunia menjadi pemangku kepentingan langsung dalam transisi energi
hijau.
Robocop | Satoshi Club
Thank you for all the detail and clear answer about
partnership // Terima kasih atas semua
detail dan jawaban yang jelas tentang kemitraan
Robocop | Satoshi Club
By the way, what are the new development that LibCoin have
in the near future ? can you share with
us Roadmap from LibCoin project?
Omong-omong, apa perkembangan baru yang dimiliki LibCoin
dalam waktu dekat? dapatkah Anda berbagi dengan kami Peta Jalan dari proyek
LibCoin?
Chris Enis
Our roadmap can be found on our website libcoin.net
Jack The Winner
Peta jalan kami dapat ditemukan di situs web kami
libcoin.net
Robocop | Satoshi Club
Thank you, are you ready for the 4th question ?
Chris Enis
Sure
Robocop | Satoshi Club
Q4 telegram user @Blessingchum
I observed that the $LIBCOIN Gigafactory will be based in India.. Are the any reasons why you chose India for a start? How about your Globalization plans? Which other regions of the world do you plan to cover with your Gigafactory innovation? Some regions of the world haven’t adopted the idea of green energy yet; Do you have plans of creating awareness program about the advantages of using green energy?
===================================
Saya mengamati bahwa $LIBCOIN Gigafactory akan berbasis di India.. Apakah ada alasan mengapa Anda memilih India sebagai permulaan? Bagaimana dengan rencana Globalisasi Anda? Wilayah lain mana di dunia yang Anda rencanakan untuk dicakup dengan inovasi Gigafactory Anda? Beberapa wilayah di dunia belum mengadopsi gagasan energi hijau; Apakah Anda memiliki rencana untuk membuat program kesadaran tentang keuntungan menggunakan energi hijau?
Chris Enis
Because we are direct stakeholders in the green energy
transition. It’s our future and we deserve to be own a part of it . Crypto
opens up this new innovative method of financing by allowing anybody to own a
direct stake in the Libcoin project. If you buy libcoin, you own part of their
mission, their activities, and their revenue. Let’s go into more detail
Chris Enis
I’ll drop some info on you guys and I’m sure you’ll have
more questions than we can dive into later on:
Jack The Winner
Karena kami adalah pemangku kepentingan langsung dalam
transisi energi hijau. Ini masa depan kita dan kita layak menjadi bagian
darinya . Crypto membuka metode pembiayaan inovatif baru ini dengan mengizinkan
siapa pun untuk memiliki saham langsung dalam proyek Libcoin. Jika Anda membeli
libcoin, Anda memiliki bagian dari misi mereka, aktivitas mereka, dan
pendapatan mereka. Mari kita bahas lebih detail
Chris Enis
1. Revenue. Libcoin will be a depreciatory token. This means
that it will go up in value over time. Why? The max supply is capped at 500m.
No more tokens can be minted without a proper governance vote. But more
importantly, Libcoin has committed 25% of annual profits from their battery
factory to be used to burn libcoin.
This is HUGE. I’ll let you in on some basic facts. Revenue
is expected to be in the billions. Testla’s Gigafactory is worth in the
billions
with a similar capacity and product Libcoin will see similar
numbers. Remember this is a growing market that will x3 over the next 10 years!
Now think about the current Libcoin coin Market cap and what will happen when
25% of profits are used to burn Libcoin coins… I won’t make it too obvious what
will happen to the price.
Jack The Winner
Saya akan memberikan beberapa info tentang kalian dan saya
yakin Anda akan memiliki lebih banyak pertanyaan daripada yang bisa kita bahas
nanti:
Chris Enis
2. Governance & Rewards. It’s all about rewarding
Libcoin holders for believing in the mission of battery and green energy! If
you stake your libcoin you will be eligible for rewards from the partners
ranging from a vote in the governance up to cash back on partner products. We
want to create a strategy here and listen to what the community wants but our
team is 100% committed to ensuring the Libcoin holders are engaged and see this
as a long term investment!
But for now, as you have gathered we see India as a key
target market with excellent growth potential. And that’s why we are doing our
first-ever AMA in this group. So excited to be here!
Now about who we are. We have a team of some of the most
experienced bankers, lawyers, and technologists in the world.
Jack The Winner
1. Pendapatan. Libcoin akan menjadi token depresiasi.
Artinya, nilainya akan naik seiring waktu. Mengapa? Pasokan maksimum dibatasi
pada 500m. Tidak ada lagi token yang dapat dicetak tanpa suara tata kelola yang
tepat. Tetapi yang lebih penting, Libcoin telah berkomitmen 25% dari keuntungan
tahunan dari pabrik baterai mereka untuk digunakan untuk membakar libcoin. Ini
BESAR. Saya akan memberi tahu Anda beberapa fakta dasar. Pendapatan
diperkirakan mencapai miliaran. Gigafactory Testla bernilai miliaran ->
dengan kapasitas dan produk serupa, Libcoin akan melihat angka yang serupa.
Ingat ini adalah pasar yang berkembang yang akan x3 selama 10 tahun ke depan!
Sekarang pikirkan tentang kapitalisasi Pasar koin Libcoin saat ini dan apa yang
akan terjadi ketika 25% keuntungan digunakan untuk membakar koin Libcoin… Saya
tidak akan menjelaskan apa yang akan terjadi dengan harganya.
Jack The Winner
2. Tata Kelola & Penghargaan. Ini semua tentang memberi
penghargaan kepada pemegang Libcoin karena percaya pada misi baterai dan energi
hijau! Jika Anda mempertaruhkan libcoin Anda, Anda akan memenuhi syarat untuk
mendapatkan hadiah dari mitra mulai dari pemungutan suara di pemerintahan
hingga uang kembali untuk produk mitra. Kami ingin membuat strategi di sini dan
mendengarkan apa yang diinginkan komunitas, tetapi tim kami berkomitmen 100%
untuk memastikan pemegang Libcoin terlibat dan melihat ini sebagai investasi
jangka panjang! Namun untuk saat ini, seperti yang telah Anda kumpulkan, kami
melihat India sebagai target pasar utama dengan potensi pertumbuhan yang sangat
baik. Dan itulah mengapa kami melakukan AMA pertama kami di grup ini. Sangat
bersemangat untuk berada di sini! Sekarang tentang siapa kita. Kami memiliki
tim yang terdiri dari beberapa bankir, pengacara, dan teknolog paling
berpengalaman di dunia.
Robocop | Satoshi Club
Impressive ! its great for long term investment
Robocop | Satoshi Club
Thank you for that great answer ! Do you want to add
anything or we can go to last question from part 1 ?
Terima kasih atas jawaban yang bagus itu! Apakah Anda ingin
menambahkan sesuatu atau kita bisa pergi ke pertanyaan terakhir dari bagian 1 ?
Jack The Winner
Q5 telegram user @UniqueVicky
community centered project has proven to be very effective and successful over time more than non community centered project.particularly interested in your DAO feature, can you please tell us what plans you have scheduled or plan to schedule for your community members to engage them in your project?. do you have a DAO feature? if yes can you elaborate on your DAO protocols and what requirement will users meet to participate in running the affair of your project? aside DAO what other activities do you have in place for your community to engage in?
===================================
proyek yang berpusat pada komunitas telah terbukti sangat efektif dan sukses dari waktu ke waktu lebih dari proyek yang tidak berpusat pada komunitas. sangat tertarik dengan fitur DAO Anda, dapatkah Anda memberi tahu kami rencana apa yang telah Anda jadwalkan atau rencanakan untuk menjadwalkan anggota komunitas Anda untuk melibatkan mereka dalam proyek?. apakah Anda memiliki fitur DAO? jika ya, dapatkah Anda menguraikan protokol DAO Anda dan persyaratan apa yang akan dipenuhi pengguna untuk berpartisipasi dalam menjalankan urusan proyek Anda? selain DAO, aktivitas lain apa yang Anda miliki untuk melibatkan komunitas Anda?
Chris Enis
Yes that’s true, as of now, we do not have a DAO feature.
But our community will be first to know when we start to have that so please
make sure to tune in to our social media platforms and join our telegram
community and telegram channel to be in the know first!
Join now Satoshi Club Indonesia to get new update from
LibCoin
Jack The Winner
Ya itu benar, sampai sekarang, kami tidak memiliki fitur DAO. Tetapi komunitas kami akan menjadi yang pertama tahu ketika kami mulai memilikinya, jadi pastikan untuk mendengarkan platform media sosial kami dan bergabunglah dengan komunitas telegram dan saluran telegram kami untuk mengetahuinya terlebih dahulu! Komunitas Telegram: https://t.me/libcoin_official Telegram Ann: https://t.me/libcoinnews Twitter: https://twitter.com/Libcoin_Token Situs web: https://www.libcoin.net/
Robocop | Satoshi Club
Thanks for your detail and clear answers @chrisenis ,
its really an amazing time in this first part of the AMA
Now is time to proceed with the second part,
the live segment, are you ready for the storm of question?
Chris Enis
Sure
Jack The Winner
Let’s join guys, it’s still early don’t miss chance
Ayo Gabung manteman iniasih awal jgn ketinggalan kesempatan
Jack The Winner
Ok group will open within 5 seconds
Oke grup akan dibuka dalsm 5 detik
Robocop | Satoshi Club
We will open chat for 120 second, and after that please
choose 5 best question and answer them
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Akay_op
If I wanna whitelisted on your platform. what’s the process for this? Did you provide the link or something for this?
Jika saya ingin masuk daftar putih di platform Anda. apa proses untuk ini? Apakah Anda memberikan tautan atau sesuatu untuk ini?
Chris Enis
Hello Akay, you will receive an email stating that you have been whitelisted.
Halo Akay, Anda akan menerima email yang menyatakan bahwa Anda telah masuk daftar putih
Q2 from Telegram user @deku_x_midoria
How you gonna advertise your coin on big level? Do you guys have any plan to attract more users to your platform?
Bagaimana Anda akan mengiklankan koin Anda di level besar? Apakah kalian punya rencana untuk menarik lebih banyak pengguna ke platform Anda?
Chris Enis
We are really proactive about marketing, Thats why we set up couple of AMAs and also Public PR articles
Kami sangat proaktif tentang pemasaran, Itu sebabnya kami menyiapkan beberapa AMA dan juga artikel PR Publik.
Q3 from Telegram user @Camila571
I see you are having IEO soon. When it will be held? Where it will be held? Any minimum purchase in the IEO?
Saya melihat Anda memiliki IEO segera. Kapan akan diadakan? Dimana akan diadakan? Setiap pembelian minimum di IEO?
Chris Enis
Hello Camila, Our IEO is happening tomorrow on Bitmart Exchange
Halo kamila, IEO kami akan diadakan besok di Bitmart Exchange
We are super elated to announce that Libcoin Token $LIB IEO Listing will take place on @BitMartExchange (https://t.me/BitMartExchange)
▫️IEO Start: 5th April, 2:00 PM UTC to 6th April, 2:00 PM UTC
▫️Listing Time: 6th April 2:00 PM UTC
Don’t you guys have any official website yet? I was searching for that but couldn’t find anywhere.
Kalian belum punya website resmi? Saya mencari itu tetapi tidak dapat menemukan di mana pun.
Chris Enis
Yes we do libcoin.net is our official website and you will get more details in related to our Project there
Ya kita lakukan libcoin.net adalah situs web resmi kami dan Anda akan mendapatkan detail lebih lanjut terkait dengan Proyek kami di sana
Q5 from Telegram user @EdgarCNova
What will be the main function of the LIB token and what is it designed for? What will allow the functions of the $LIB token to large holders? What requirements must a holder meet to receive benefits and how can they contribute to the development and help for the success of green energy together with the Libcoin project? Is it possible that an active incumbent can help with these functions and objectives?
Apa yang akan menjadi fungsi utama token LIB dan untuk apa dirancang? Apa yang memungkinkan fungsi token $LIB untuk pemegang besar? Persyaratan apa yang harus dipenuhi pemegang untuk menerima manfaat dan bagaimana mereka dapat berkontribusi pada pengembangan dan bantuan untuk keberhasilan energi hijau bersama dengan proyek Libcoin? Mungkinkah seorang incumbent aktif dapat membantu fungsi dan tujuan ini?
Chris Enis
LIB token’s function is designed to create a positive feedback loop making way for holders to actively and in a meaningful way contribute to the development and success of green energy.
This is accomplished when they are active in polling events and by taking part in decisions put to a vote. Good governance leads to more sales, leading to more profits, leading to the burning of tokens, leading to the decrease in supply and consequently the more value represented by remaining tokens.
Fungsi token LIB dirancang untuk menciptakan umpan balik positif yang membuka jalan bagi pemegangnya untuk secara aktif dan dengan cara yang berarti berkontribusi pada pengembangan dan keberhasilan energi hijau. Ini dicapai ketika mereka aktif dalam acara pemungutan suara dan dengan mengambil bagian dalam keputusan yang diambil melalui pemungutan suara. Tata kelola yang baik mengarah ke lebih banyak penjualan, yang mengarah ke lebih banyak keuntungan, yang mengarah ke pembakaran token, yang mengarah ke penurunan pasokan dan akibatnya lebih banyak nilai yang diwakili oleh token yang tersisa.
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:
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 Enrex and our guest was . The AMA took place on the 7th of April.
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 Enrex! Welcome to Satoshi Club
Jonah 🏅🎹
| Satoshi Club
Our Guests today are @vytautas_enrex and @julius_enrex
Hello welcome to Satoshi Club
Vytautas
Hello Vytautas Co-Founder & CEO @ ENREX.
Julius Enrex.io
Always nice to participate when there’s a big crowd
Mary | Satoshi Club
Hello and welcome to Satoshi Club guys!
How are you today?
Jonah 🏅🎹
| Satoshi Club
I see you are excited for this
Vytautas
We are excited to participate in Satoshi AMA. We will see
how it goes.
Mary | Satoshi Club
So, let’s go
We will start with introduction part as usually
Please, introduce yourselves and how did you start with
crypto
Awesome experience!
Jonah 🏅🎹
| Satoshi Club
Impressive Background
Julius Enrex.io
I am leading the operational part of Enrex when it comes to
environmental commodities. Primary experience is within renewable energy
certificates, biofuels, green gas, carbon credits, carbon allowances.
Commercial, regulatory and operational aspects.
My journey in crypto began during the first retail bullrun, somewhat mid 2017
Mary | Satoshi Club
Oh, we got a lot of smart people in 2017
What is Enrex? It’s main goals?
Julius Enrex.io
Ill take that as a compliment, haha
Vytautas
Imagine a platform which bridges crypto with mandatory
renewable energy certificates and CO2 allowances for making every and any
cryptocurrency green – a first of its kind DeFi gateway to a more than 300
billion dollar market.
Jonah 🏅🎹
| Satoshi Club
This sounds interesting
Vytautas
the main goal is a one stop shop for your carbon emissions ,
offsetting , speculating and integrating in other crypto ecosystem platforms.
Jonah 🏅🎹
| Satoshi Club
Btw how many people are currently working on this project?
Vytautas
12
Mary | Satoshi Club
Who are in the team? What are their experience?
Vytautas
full time , we also have engaged advisors and experts
Mary | Satoshi Club
Vytautas:
Vytautas Co-Founder & CEO @ ENREX 15+ years background in managing complex IT products in stages from idea to launch. Passionate in blockchain and creative thinking (41+ ideas validated within the past year).
In crypto from 2016 , reviewed and analyzed more than 300
projects in 2017/2018. Passionate on blockchain and crypto ecosystem…. Started as a trader with a small group of
passionate crypto enthusiasts.
Jonah 🏅🎹
| Satoshi Club
Sorry about the bot
Vytautas
Vidunas our CTO —> More than 15 years of experience
coaching and leading tech teams (Sony
Interactive Entertainment – Playstation,
Barclays…). More than 6 years as a blockchain and crypto enthusiast
with the experience working in multiple crypto
projects as CTO/Co-Founder and conceptual architect (Mysterium Network – raised over 14 mln. EUR
In 2017, HODL finance, Daratus…).
Also we have experts from environmental sector , it , marketing … you can check our
team on linkedin
Mary | Satoshi Club
I see you have very professional team
Thank you for your intro guys!
We choose 6 questions from our community for the first part
of our AMA ready to answer them?
Vytautas
Yep
Jonah 🏅🎹
| Satoshi Club
Q1 from Telegram user @thisistoyin
Given the Fact that Enrex is Obviously focused on making cryptocurrency more greener and it’s currency of the ecosystem is going to give it’s users the opportunity to invest in CO2 allowances and renewable energy certificates. I’m curious to know about the aspect of Solar Farms and renewable energy, is it that you’re going to Build Solar farms yourselves? Or you will be sourcing renewable energy certificates from solar energy, hydro energy and wind energy producers directly? Please clarify. Furthermore, giving that your Platform is Related to DeFI, I’d like to know about the Structure of your Project, is it a Centralized Platform whereby Decisions are made By your Team alone? Or is your Platform Decentralised whereby your community gets to participate & vote on decisions on Positve impacts of the path of the project?
Julius Enrex.io
Enrex will not build solar farms, nor develop projects. In
other words – we are not primary market players. However, we will work with
developers of solar parks, wind parks, carbon projects to help fund their
projects. So while we will not build ourselves, we will closely work with
builders to enable them to succeed. A very important aspect of this is the
following – currently most environmental projects rely on govvernment
subsidies. The more we can onboard natural real market demand, the more
profitable these projects become – the less tax burden every person encounters
in the fight against the climate change.
Jonah 🏅🎹
| Satoshi Club
At the moment how many of such projects have you helped through
funding?
Julius Enrex.io
Regarding the decision making process – currently the
direction of the project is decided fully by the team. However, as we move
forward in expansion into more regions, more applications, more variability in
projects to support choices – we will include our community in the decision
making process. We always keep open ears to everything our community has to
say, to feel the constant pulse when working together
Mary | Satoshi Club
Excellent answer!
Julius Enrex.io
At the moment we have built treasury with environmental
instruments and while we are just launced, its over 10 different developers
within recs and carbon offset space that received support (figure is somewhere
between 10 and 20, wouldnt like to lie when asked on the spot)
Jonah 🏅🎹
| Satoshi Club
Great
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Julius Enrex.io
always
Jonah 🏅🎹
| Satoshi Club
Q2 from Telegram user @MudaraSilva
You have scheduled three sales, Early Round, Private Round, and Public Sale. Who are eligible to participate in each round? I noticed that only 1.4% has been allocated for the Public Sale and the price per token is more than 2x (0.007$) compared to the Early Round (0.003$). What is the reason for neglecting this round? Moreover, there is an allocation of 16.4% for staking and community rewards. Please briefly explain about the types of these community rewards
Julius Enrex.io
Early and private rounds were led by VCs. As for our
development we needed to start building environmental instrument treasury way
in advance, we had to make the decision to rely on more capital being raised at
pre-launch stage of the project. This allowed us to work on the product way
before the launch. While we do understand that some might not like the idea of
early investors making up the bigger part, we had to make a choice:
1. either we can launch with 90% of the product ready
2. or we keep bigger part in retail and then provide no
products for >6 months after launch
Clearly its a no-brainer decision in my humble opinion. We
dont want to launch and show nothing for it
Mary | Satoshi Club
How much did you raise in the private rounds? Can you name
us some of your investors?
Julius Enrex.io
As for staking and community rewards – we have already done
3 airdrop campaigns as Enrex, and we like to collab with our partners. Our
marketing department also did some meme competitions to engage the community.
However the more important part is the staking – upon launch we already have
operational and fully auditing staking protocol. 30/60/90 day pools with
30%/60%/90% APY accordingly. The biggest longest pool got filled almost
instantly so our devs and working on replenishing for more capacity
Jonah 🏅🎹
| Satoshi Club
Your decision is understandable in this case
Julius Enrex.io
$1.8mln early round closed almost instantly in the month of
November
$5.4mln private round closed through November-February
Notable names: Delta Hub Capital, Next100, Crypto Oasis,
Blufolio, Legion Ventures and of course GSR
Mary | Satoshi Club
Great job congratulations!
Jonah 🏅🎹
| Satoshi Club
Awesome
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Julius Enrex.io
Sure
Jonah 🏅🎹
| Satoshi Club
Q3 from Telegram user @Highpee
Your project roadmap primarily began in the first Q2 of 2022 which start with token launch and staking launch. Can you explain how staking will be performed on Enrex and how users can maintain a positive environment impact while staking assets on your protocol? Also, from roadmap, your project events and activities are few and it ends at the last quarter of this year (Q4/2022) after the launch of Enrex DEX. Does it mean that your plans for this project is restricted to this year alone? Apart from ensuring environmental sustainability, how do you intend to ensure your project continuous sustainability? What other medium-term or long-term plans will you introduce which can keep investors engaged to your protocol for long?
Vytautas
Thanks for the question Highpee. Regarding the staking we have launched it
from the start as an utility after that it will be integrated directly to our
main applications , stakers will receive their incentives directly from
collected fees on offsetting application, exchange , and environmental api.
Julius Enrex.io
Highpee, lol
Vytautas
Stakers will receive $ENRX as incentives to offset their carbon emissions.
Regarding the roadmap we are not restricted by only this
year as we see lots of different use cases to be implemented in the
applications that we are working on. For example to get better exposure in the
market we are launching a web activity offsetting widget this month. Anyone
will be able to add a widget on the website with a freemium model.
Vytautas
🌴#GENREX we need your help spreading the news about our newest #usecase!
#⃣Tag all websites that would enjoy this service in the retweets!
💻The widget, as well as offsetting the first 10k visitor emissions is FREE!
— Enrex – THE carbon offsetting solution (@enrex_crypto) April 4, 2022
Julius Enrex.io
I mean, it would be a crime not to add our staking link here
Vytautas
Regarding the long term goals → we are planning to evolve
with different offsetting calculations and adding new environmental
instruments. The possibilities endless as we are striving to be a one stop shop
for your carbon footprint.
Will your users influence on the future development? If yes,
how? Will you have any kind of governance?
Vytautas
As Julius mentioned the community plays the main role and we
always are looking for feedback in the
community.
Jonah 🏅🎹
| Satoshi Club
Community is absolutely important
Vytautas
Regarding the governance we are still in discussions
internally what model would be the best.
Mary | Satoshi Club
Gotcha
Mary | Satoshi Club
Thank you for your answers! Ready to jump to the next
question?
Jonah 🏅🎹
| Satoshi Club
Q4 From Telegram User @QuianaV
Some of the applications of ENREX includes Enrex Exchange, Enrex DEX v2, ENREX offsettuing, Tracking offset and Environmental API. Can you share more information on the Enrex Exchange, how it will work and on which Blockchain it will be launched? Can you also explain on Enrex DEX V2, what will make Enrex DEX v2, unique from other DEXs? I also don’t understand the concept of Offsetting, Can you explain on ENREX offsetting and how users can track offsets? Lastly , can you explain on ENREX Environmental API and how it works?
Vytautas
Regarding exchanges → and the version 1 it will enable users to buy and sell environmental
commodities without withdrawing them. In
other words we will enable speculation on particular environmental commodities
directly using crypto. Regarding the dex we are looking to Solana as our main
network , the main difference is that we won’t synthesize commodities and will
issue different claims.
Concept of offsetting. You can acquire commodity like for
example carbon credit and also you can transfer it until you decide to use it ,
using it for particular reason means ofsseting. (with different environmental
commodities comes different terms → cancel, use….)
When you make the offset that means that you have used the
carbon credit and this particular carbon credit was used for a particular
reason and cannot be reused a second time.
Tracking offsets → When you buy a particular environmental
commodity and use it you will receive the certificate as proof of offset. We
will push certificates to arweave and we will have the registry of all the
offsets. So users could check for example particular Solana addresses and
transactions that are covered with renewable energy certificates. That makes those
transactions carbon neutral.
Mary | Satoshi Club
Will you expand your platform to another blockchains?
Vytautas
Environmental api will enable other crypto ecosystem players
to integrate enrex for acquiring and using environmental commodities. For
example NFT marketplace could integrate enrex and offer their clients acquiring
carbon neutral NFTs as an option. Enrex will calculate how much energy was used
for particular nft minting storing … and will cover this consumption with
renewable energy certificates. Also we have different use cases for offsetting
transactions, wallets …..
Julius Enrex.io
When it comes to calculations and offsetting assets, txs or
NFTs – we already support multiple blockchains
Julius Enrex.io
Its just $enrx is on solana itself
Jonah 🏅🎹
| Satoshi Club
I’m a bit curious about the speculation on environmental
commodities how will this work? What commodities are we looking at here
Julius Enrex.io
eu hydro recs, carbon allowances in Eu, carbon allowances in
china in future, and of course high quality carbon credits that meet certain
criteria
Mary | Satoshi Club
Wow
Jonah 🏅🎹
| Satoshi Club
Awesome
Julius Enrex.io
You want to have as homogenous products as possible, and
some instruments have a lot of specifics, so the goal is to make speculation
possible through homogeneity of the underlying asset
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next
question?
Julius Enrex.io
For sure
Jonah 🏅🎹
| Satoshi Club
Q5 From Telegram User @victorogb
Going through some of the utilities of Enrex ecosystem, I was particularly interested in its function to Users and Authorities (Government and Regulatory bodies). It is noted that Enrex will directly benefit to Startups, Traders, Corporations, Developers, Power Plants and lots more. Noting the specific job functions and industry importance of these entities as listed, can you carefully elaborate how Enrex is built to satisfy and provide the best renewable energy options, and how can they leverage on this partnership with Enrex to make informed decisions that are both sustaining and Carbon neutral? Finally, can you let us know the extent to your cooperation with governments and authorities; what regulations and products has this shared alliance forged?
Julius Enrex.io
Alright, so the best renewable energy options, and in
general when speaking of environmental instruments – we only go forward with
instruments that are legit, audit proof and has withstood the markets for more
than a decade. Meaning that if you would offset yourself with these
instruments, and show your carbon audit to pwc, ey, kpmg, deloitte or any other
auditing expert – they would give you green light. Its mostly important to go
with standards that are widely accepted in the industry and not re-inventing
the bike.
With respect authorities and governments – it is kinda funny
because almost every time this pops up as a question. Crypto people really are
afraid these terms more than they should. As we are working in secondary
markets, we are driving the demand for these environmental instruments and
creating more pathways for crypto industry to go the green way. This is highly
encouraged by every single entity that operates within the space. More demand –
better development in the renewables market – faster achievable carbon
neutrality goals that so many countries have set for 2050.
Julius Enrex.io
We work with M-RETs, IREC Standard, Verra, Gold Standard,
Association of Issuing Bodies and EU ETS
Mary | Satoshi Club
Do you need any lisences? If yes, do you already have any of
them?
Julius Enrex.io
Yes and yes. You need to have authorized access to these
registries. Whether license is the correct term, would not bet my money on it,
but every registry calls it differently
Mary | Satoshi Club
Thank you for your answers! Ready to go to the 6th and last
question from this part?
Jonah 🏅🎹
| Satoshi Club
Q6 From Telegram User @Ask4unik
Enrex will launch the first exchange and the first retail access on Solana for CO2 allowances and renewable energy certificates. The platform acts as a bridge to unlock digital asset services by combining the features of real world assets and modern cryptocurrencies with speed, security and cost savings at the forefront. It is a secondary market for CO2 allowances and RECs.Can you please tell us some of the assets to be unlocked? About Enrex security, how can you ensure that users data are safe and can’t be altered by a third party?Since the first launch exchange and retail access will be in Solana,do you plan for a second launch on another Blockchain? Thanks
Vytautas
We will start from renewable energy certificates and using
them in our ecosystem. So the main question regarding security is that we will
store all the data on decentralized storage. Enrex will be integrating to
issuing parties of specific certificates and storing offsets directly on
arweave. Almost all of the data will be publicly available of particular
offsets as we don’t see specific needs to make it private. The only part that
will be private is the certificate itself , but as enrex we won’t store it as I
mentioned and we will use decentralized storage providers.
Regarding other chains → ENRX as a token is based on Solanas
as we needed very cheap transactions for offsets as in some cases for instead
using ETH the transaction could cost more then the carbon offset of the transaction. We have a beta
offsetting application you can check it on our website. The main difference is
that you can offset transactions of any
integrated blockchain into our offsetting application and use ENRX token as a payment.
Do you already have any decentralised storage options on
ground?
Vytautas
Yes we will be using Arweave as a decentralized data
provider
Mary | Satoshi Club
Guys, it was impressive first part! Now we came close to the
live part of our AMA session! Before it will start could you please share your
social media links with our community, so we won’t miss any updates from you
One of Enrex application products that let users navigate the inner working of the Enrex ecosystem is Enrex Offsetting.So when it comes to operatiobs like crypto transactions,smart contracts,ICO/IEO/IDO and Mining which of the certificate in your Dapp can one make use of?Can one make use of both the CO2 allowances or the renewable energy certificate?Can you give an elaborate explanation on the Enrex Offsetting and why it is important to make use this feature?Please explain Thanks
Julius Enrex.io
As crypto activities are electricity related, you can definitely use renewable energy certificates. However, at the same time, you can calculate the CO2 impact of the electricity consumed and use CO2 related environmental instrument – a carbon credit or carbon allowance, whichever you seem more fit. We decided to provide options to users, as certain people/companies have different outlooks on different instruments. RECs support renewable energy producers. Carbon credits support projects done in 3rd world countries that save CO2. Carbon allowances impact the big polluters within the EU. All have their own beauty and we do not discriminate and give the choice to the user
Q3 from Telegram user @Sulyvahn_DS
What types of users Enrex is has as customers and does your customers vary ?
Vytautas
We are going b2b and b2c —> exchanges , wallet developers, launchpads , or any website.
Q4 from Telegram user @Dino916
In My Thinking, Enrex Project is quite Complex to Understand for any New user,
How would You Explain Enrex Project to thise kind of users who are very new to Crypto?
Julius Enrex.io
You are correct. Environmental project is quite much more complex than an NFT collectible or gaming project. That is why we are always putting up information and material to educate the market participants. Also, big reason why we believe participation in AMAs is important, to answer questions that might seem obvious to us, but not to people who havent worked within the environmental industry.
On top of that, we are partnering up with eco crypto projects, to unify our educational efforts when it comes to teaching the market about environmental impact of crypto and how to make it better. Some of the names of partners and organisations are greentech alliance, crypto climate accord, ecorise, solid world dao, moonjelly dao, coorest and many others to come
Q5 from Telegram user @isabella_blackk
What is the most positive value that Enrex currently offers to the blockchain market and users, investors? What are the real world gains Enrex has brought to the market when we think about the Environment and the crypto industry?
Vytautas
make crypto green again you can offset your transactions and crypto assets. That means we are covering carbon footprint of crypto currencies with environmental instruments.
Q6 from Telegram user @Rakshhit
Can we Mine $ENRX token? If yes is it Environment friendly?
Julius Enrex.io
No, there will be no mining. Tokens are minted with fixed supply and also a burning mechanism. We noticed that mining is getting quite some harsh attention in both EU and USA. Which is why miners are one of our key focus when it comes to helping reduce their carbon footprint. If we can help them reduce their environmental impact, we can make sure that regulators make an easier transition into full crypto adoption
Q7 from Telegram user @captainprice111
I realize that the Enrex platform is primarily focused on making cryptocurrency greener, so the ecosystem’s currency will allow investment in CO2 allowances and renewable energy certificates. How will the team sustain this potential project and ensure its longevity? Will Enrex continue to scale by adding more environmental tools and more regions?
Vytautas
As we mentioned we will add more and more environmental instruments and calculations. Also we are looking in presenting different type of user friendly offsetting for different purposes.
Q8 from Telegram user @Tahsinahmett
Do you have communities with different language options on the ENREX platform? Is ENREX suitable only for those who speak English, if you expect it to gain a global value, will you create communities of different language options of the ENREX platform?
Julius Enrex.io
Yes we do. We have main channel that is international and uses english:
Security audits are extremely important for any crypto projects. So, can you explain if your project has been audited to convey confidence and security to the crypto community that is interested in investing in your project?
Vytautas
Yes its been audited you can check it on our webpage.
Q10 from Telegram user @deku_x_midoria
What are the formalities we need to complete as a user in order to register on your platform? Is there any KYC required or not?
Julius Enrex.io
Thats the beauty. We help to eliminate this burden from users who otherwise would have limited to no access to environmental instruments. Our platform requires no KYC
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.
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