Satoshi Club

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from UpDeFi and our guest was . The AMA took place on the 14th of March

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Robocop | Satoshi Club

Hello Satoshi Club community ! We are pleased to announce today AMA with UpDefi

Jonah 🏅🎹 | Satoshi Club

Our guest today is @uporup

Hello welcome to Satoshi club

Exortus

Hey everyone! It is an honor to be here!

Robocop | Satoshi Club

Welcome to Satoshi Club! @Uporup

Jonah 🏅🎹 | Satoshi Club

How are you doing today?

Exortus

Really fine and over-excited! It’s a great feeling to be doing AMA with Satoshi Club.

How are you also?

Robocop | Satoshi Club

We are also really excited to do AMA with UpDefi

Jonah 🏅🎹 | Satoshi Club

Let’s start our AMA

Exortus

Let’s go!

Jonah 🏅🎹 | Satoshi Club

Can you please introduce yourself to us how you got into crypto and how the project started?

Exortus

Yes of course!

Exortus

I am Exortus, global CM of UpDeFi community.

I have long been involved in managing communities and my primary goal is to best help, develop, and grow the UpDeFi community.

I felt fascinated when I first met crypto, and when I stepped into the world of DeFi, I realized that I would never want to leave it again.

Now I’m with the UpDeFi team, which strives to make life easier for users in the DeFi world!

Jonah 🏅🎹 | Satoshi Club

How many people are currently working on this project?

Robocop | Satoshi Club

Yes, i also fall in love in first sight when first met with crypto

Exortus

We currently have over 15 people in our marketing + CM team, and that number continues to grow as we add new communities!

On the developer team and management side, there are 20 people and they are working hard to bring the project to the best places.

Exortus

It is impossible to not fall

Robocop | Satoshi Club

Great team !  by the way what is UpDefi ? can you please introduce to us?

Exortus

Of course! First of all, I must state that I can say that it is the most innovative project among the projects I have been to so far.

Most of the standard Yield Aggregators available today only have a few simple strategies and are limited to the normal user only.

However, on the contrary, UpDeFi will debut with three innovative strategies and will continue to add new ones in the future! Also, high liquidity platforms will be able to use these strategies!

Minimum cost & Maximum profit.

Jonah 🏅🎹 | Satoshi Club

Truly innovative

Exortus

A one-stop Yield-as-a-service (YaaS) platform

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

Exortus

I thank you for your warm welcome!

Robocop | Satoshi Club

 Thank you for the great intro !

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to our community questions are you ready?

Exortus

I’m born ready!

Robocop | Satoshi Club

are you ready to proceed to part 1 with 6 question from our community ?

Exortus

Yes!

Robocop | Satoshi Club

Q1 from Telegram user @einsteinyl

I read from your site that UpDefi have strategy name with auto compounding, but this strategy already exist and other similar project/ traditional yield aggregators already use this kind of strategy. So what are the different between UpDefi’s auto compounding with other similar project? Also can you explain the different with Yield Enchancing strategy and Up staking Strategy?

Exortus

One of the aspects that make the auto-compound strategy special is that it has a lower fee compared to other projects, thus maximizing the profit more.

This point directly separates us from other platforms.

And, I’d like to explain the other 2 strategy,

Yield-enhancing Strategies: Yield-enhancing strategies use the native UP token of the UpDeFi protocol as a bridge for yield realization, which prolongs the yield release time of the underlying yield protocol, greatly reduces the selling pressure of earned tokens, and enables users to obtain higher returns that the auto-compounding strategies cannot bring.

For projects, because the yield-enhancing strategies do not continuously sell earned tokens like the auto-compounding strategies, it greatly reduces the selling pressure of earned tokens and alleviates the common difficulties in liquidity mining programs. At the same time, because the yield-enhancing strategies can help users to obtain higher yields while the capital cost of the underlying yield protocol remains unchanged, it can help projects to significantly improve capital efficiency and pay minimum capital cost to obtain maximum liquidity and user attention.

UP-staking Strategies: Users will receive UP token rewards when participating in the auto-compounding and yield-enhancing strategies.

At the same time, the user will hand over some of the yields obtained in the two types of strategies to the UpDeFi protocol, and the UpDeFi protocol will distribute these revenues to UP tokens stakers.

This economic model design ensures the value of UP tokens, which can better motivate users to participate in the auto-compounding and yield-enhancing strategies on the UpDeFi platform.

Jonah 🏅🎹 | Satoshi Club

Is there a maximum percentage that can be earned from these strategies?

Exortus

We have revenue sharing model and it is 90%!

Jonah 🏅🎹 | Satoshi Club

Great

Robocop | Satoshi Club

You also mention there will be new strategy in the future, can you share a little what kind of strategy ?

Exortus

In fact, it directly depends on people’s imagination! Because users can also create strategies and share it. Also, our team is striving to develop more complex strategies such as liquidity mining, transaction mining, borrowing mining, etc.

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Ready to proceed to the next question?

Robocop | Satoshi Club

Cool! Thank you for the detail answer

Robocop | Satoshi Club

Do you want to add something or we can go to next question?

Exortus

Yes!

Exortus

We can go

Robocop | Satoshi Club

Q2 from Telegram user @chinyere2020

While going through your website, I found out that ‘Mars Ecosystem’, which is said to be a is a new decentralized stablecoin paradigm that integrates the creation and use of stablecoin into the same system, is one of the main partners of the UpDeFi platform. Can you give more details about your partnership with Mars Ecosystem. What are the main contributions of Mars Ecosystem to the UpDeFi platform and how will this partnership benefit UpDeFi and its users?

Exortus

UpDeFi is a fair launch project with no pre-sale, no investor, and no pre-mine. We will release the UP token through the first launch of IDO in the Mars Ecosystem.

Announcement about IDO will be released very soon, so stay tuned!

Exortus

Users need XMS to purchase the UP token, and the details will be announced soon.

After the IDO, UpDeFi’s strategies will be officially launched. UpDeFi’s first released strategies include three types of strategies towards both the Mars Ecosystem and PancakeSwap platforms.

This means that XMS and USDm users will be the first ones to pass IDO, receive UP tokens by mining on the UpDeFi platform, and also receive yields by staking the UP tokens from the UpDeFi platform.

Coming up next, UpDeFi will offer more exclusive benefits to Mars Ecosystem community users, stay tuned!

Robocop | Satoshi Club

I’m really excited and curious when will the IDO launch , can you please share the roadmap from UpDefi ?

Exortus

Hello

Sorry, my connection had gone

Jonah 🏅🎹 | Satoshi Club

No problem

Exortus

I am on again!

Jonah 🏅🎹 | Satoshi Club

Great

Exortus

Currently, our team is preparing a roadmap, but in the meantime I would like to share our long-term mission with you.

Exortus

UpDeFi’s mission:

1️⃣To build a one-stop, secure, most profitable, easy-to-use, flexible YaaS platform that is comprehensive to all blockchains for users in order to meet all their yield needs.

2️⃣To enable other projects to improve the capital efficiency they produce through their incentive programs (such as liquidity mining, transaction mining, borrowing mining, etc.). This way, other projects can pay the minimum capital cost to obtain maximum liquidity and user attention.

Jonah 🏅🎹 | Satoshi Club

Your missions are very commendable and impressive

Robocop | Satoshi Club

I like your ambitious goals.

And also a very clear implementation! It’s really professional!

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Exortus

To make the DeFi world better!

Robocop | Satoshi Club

Thank you for the great answer !

Jonah 🏅🎹 | Satoshi Club

Ready for the next question now?

Exortus

Yes!

Robocop | Satoshi Club

Q3 from Telegram user @Asela1112

You have introduced UpHolder program which UpDefi community can complete tasks & Earn $UP tokens & have a chance to stake them. Can you explain more details about the UpHolder program? What kind of tasks do UpDefi community have to complete in order to grab some $UP tokens? How about the APR of the $UP staking pool? However, do you impose the rules & regulations for this UpHolder program & Staking pool?

Exortus

UpHolders who complete certain tasks to develop our community will be rewarded with UP tokens.

I can give some of these tasks as an example,

👉Promoting UpDeFi on social media,

👉Finding influencers that can make a deal with UpDeFi and making deals with them,

👉Preparing content related to UpDeFi that can be of interest to people, etc.

The first mission will be with us very soon, but unfortunately I don’t have the exact date at the moment. Very soon…

APR of the staking pool isn’t announced yet but you can be sure that our team will be generous.

More information: https://medium.com/@updefi_52681/introducing-the-upholder-program-52a3f3e6dff

Robocop | Satoshi Club

Let’s go Join this program Satoshi Clubber !  and get the $UP token

Jonah 🏅🎹 | Satoshi Club

Is the amount of Up Tokens they will earn for these tasks already spelt out?

Exortus

There will be different amounts of rewards for different missions.

(More for the hard ones, as you can imagine )

But exact amounts will be announced after.

Robocop | Satoshi Club

Thank you for the answer !

Jonah 🏅🎹 | Satoshi Club

Awesome this will be a great opportunity for your community to earn more

Thank you for your Answers

Robocop | Satoshi Club

Yes ! Don’t miss this opportunity !

Jonah 🏅🎹 | Satoshi Club

Ready for the next question now?

Robocop | Satoshi Club

Let’s go to the 4th Question ?

Robocop | Satoshi Club

Q4 From Telegram User @Ask4unik

About your Bug Bounty Program,UpDeFi cooperates with Immunefi, the most well-known bug bounty organization in the industry, to incentivize top developers with real money to further ensure the security of the UpDeFi protocol.So how about including your community members to be part of this program especially community members that are highly skilled and specialize in vulnerability identification?Have you also consider that? Or are you letting just the top developers that are being Incentivized by Immunefi to carry out such program?Do you know and trust these bounty hunters selected by Immunefi since they will have the same level of knowledge about your ecosystem and also gain access to your systems in other that this hunters do not likely be the ones the exploit first?What is the % of $UP you have allocated for such program? Thanks

Exortus

Yes!

First of all, I would like to state that the issue of security is the most important thing for our team. In addition to the audits with Peckshield and CertiK, as you said, our team has started a Bug Bounty with Immunefi.

Not only top developers but anyone who feels competent can join this bug bounty. After examining the codes of the UpDeFi platform, in case of finding a possible bug, it can report it to the Immunefi team and apply for a bounty.

Also, 15% of the total amount of tokens has been reserved in the UpDeFi DAO. Bounty is included in this DAO budget.

Jonah 🏅🎹 | Satoshi Club

How much in total was reserved for the bounty?

Exortus

In fact, the percentage rate of this may vary depending on the size of the bug. However, at the moment, I do not have the exact percentage figures available. However, don’t worry that our team will be generous when it comes to safety.

Robocop | Satoshi Club

Glad to know that UpDefi main priority is safety

Thank you for the detail answer !

Jonah 🏅🎹 | Satoshi Club

Thank you for you Answers

Let’s move to the next question now

Robocop | Satoshi Club

Are you ready for the next question?

Exortus

Yes! I am ready

Robocop | Satoshi Club

Q5 From Telegram User @jameslekan664

After carefully going through your token economics, I observed that the $UP token holders have the benefit of participating in UpDeFi governance and revenue sharing. Can you tell us about how the governance will operate? What minimum amount of $UP tokens must a user hold and Lock up to make them eligible for participation in the DAO…In what various ways can a user gain protocol revenue on the UpDeFi platform? The Token distribution will commence 22nd March, What benefits and bonuses will the early comers get, what will be the sale price of the token…I would like to know the mechanisms you have in place to control the token’s circulating supply and ensure consistent token appreciation. Will there be burn and buy back features? If yes, Give details

Exortus

Governance will work like this:

Holders of a certain amount(TBD) of UP tokens will be able to create proposals and all UP token holders will be able to vote on these created proposals as they wish.

In other words, we can say that UP token holders will direct the future of the UpDeFi platform.

Just stake your UP tokens in the UP Vault to earn revenue from protocol revenue!

Jonah 🏅🎹 | Satoshi Club

This means details about this are not fully ready?

Exortus

There is one good part for early users,

1) In the first months, the distribution of the UP token will be more than ever and will continue to decrease every month. That is, those who arrive early will receive more UP tokens.

2) As the platform will host relatively fewer users when it debuts, APRs will be higher than ever before!

Yes, DAO-Governance- still in the installation phase. We will provide more information to users as soon as possible.

Robocop | Satoshi Club

Can you please share in here, link or where we can stake UP tokens ?

Jonah 🏅🎹 | Satoshi Club

Great we will be on the lookout

Exortus

Link of our platform: https://app.updefi.finance/

However, it hasn’t debuted yet. (BUT towards the end, I might have a little surprise for you!)

Robocop | Satoshi Club

Oh ! Satoshi Clubber love Surprise !

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Robocop | Satoshi Club

Thank you for sharing this !

Jonah 🏅🎹 | Satoshi Club

Ready for the last question of this part?

Robocop | Satoshi Club

Are you ready to continue for last question from part 1 ?

Exortus

Yes!

Robocop | Satoshi Club

Q6 From Telegram User @iceVermithraxx

I understand the need of admin privileges in contract for contract maintenance but according to your audit by CERTIK, I noted that there are centralization risk/admins roles still on an important part of the project which was denoted as Major Risk as Centralization Related Risks in Farming and reward distribution. Can you explain more on these Admins roles related on Staking rewards, UPfarm and TimelockController? With Project owners still having full control of Farming and reward distributions, how can investors have a proof-of-trust in your project? are there plans to denounce these Admin privileges on Farming and reward distribution and give full power to UpDeFi DAO governance?

Exortus

Wow!

First of all, I would like to say that I am very glad that you have read and reviewed the CertiK Audit so well!

I would like to point out that the CertiK team and the UpDeFi team stayed in touch for a long time to prepare this audit review and went through all the issues one by one.

Jonah 🏅🎹 | Satoshi Club

A great way to approach this

Exortus

The points highlighted in Audit seem to decentralize UpDeFi in a few ways, but there are a few reasons why it looks like this:

Firstly,

Timelock will be applied once the smart contracts are deployed to mainnet.

Multi-sig will be applied once the smart contracts are deployed to mainnet.

DAO Governance will be applied once the governance tokens are sufficiently distributed to thepublic.

In other words, thanks to multi-sig, the centralized structure disappears and a structure directly connected to the whole team is formed.

Also, the reason why the reward system can be affected is because of small amount changes that can be made to quickly adapt to future conditions.

Jonah 🏅🎹 | Satoshi Club

And no specific dates for all of these I suppose ?

Exortus

Yes, this is directly dependent on when exactly the dev team will deploy it to the mainnet, and I can’t give a clear date for that.

However, it will not affect users because they will already be using it updated way.

Jonah 🏅🎹 | Satoshi Club

Alright I get it

Do you want to add anything before we proceed?

Robocop | Satoshi Club

Thank you for the answer! it has been an amazing time in this first part of the AMA

Exortus

Nope, I will give some things at end of the AMA

Jonah 🏅🎹 | Satoshi Club

Great

Robocop | Satoshi Club

Now is time to proceed with the second part, the live segment part 2, are you ready?

Robocop | Satoshi Club

We will open chat for 2 minutes and then chat will be closed – you can start select 10 best questions !

Exortus

Yes! Most excited part!

Jonah 🏅🎹 | Satoshi Club

Ready for the action

Opening Chat now

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Fabentuug

DO YOU OWN A RESPONSIBILITY BLOCK CHAIN?

ARE YOU GOING TO NEED TO ADD OR INCREASE CHAINS IN THE FUTURE?

Exortus

Yes, definitely!

One of the sole aims of the UpDeFi team is to make DeFi the best for all users. That’s why once we debut on BNB Chain, our team will work to collaborate with platforms on other chains as well, providing expansions to other chains as well!

Q2 from Telegram user @AiChan

Hello sir @uporup, how are you today!

Ask me!What is your team doing to ensure that users support UpDeFi Dao in the long term, and not just for temporary gain? How can your team increase user engagement with your product and project capabilities?!!

Exortus

First of all, I would like to say that our team definitely has long-term goals.

Strategies in the UpDeFi project will have very low fees to ensure the continuity of the project. Thus, as the number of users using UpDeFi increases, the developability of the project will accelerate and it will come to a much better place.

In addition, our project is not only aimed at users, we will also cooperate with different platforms! Thus, we will be able to use their liquidity effectively by providing maximum profit to these platforms.

Q3 from Telegram user @Sakshamalhotra

Security is the first Concern for every investor, So Will You please tell How  UPDEFI Give Faith to their investor That their assets are safe and secure? Have you got audited from official firm?

Exortus

Security is our core value

We understand that security is the number one concern for users. We continue to invest in ensuring the security of the UpDeFi platform and the security of the underlying yield protocols and their mining pools.

Specifically:

UpDeFi is a non-custodial platform for user assets, which means that users can withdraw their assets on the UpDeFi platform at any time. At the same time, UpDeFi cannot use the assets deposited by users in any way outside the defined yield strategy.

We conduct detailed risk assessment and testing of the underlying yield protocols and mining pools that plan to be integrated by the UpDeFi platform strategies, and only launch strategies to users after confirming that there are no foreseeable risks. After the strategy is launched, we will continue to track all changes to the corresponding protocols and mining pools to ensure the security of users’ deposited assets. 

PeckShield Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/PeckShield-Audit-Report-UpDeFi-v1.0.pdf

CertiK Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/Certik-Audit-Report-UpDeFi__final-20220303T021017Z-1646278412677.pdf

Q4 from Telegram user @highpee

For AUTO-COMPOUNDING, there are 3 different FEES: gas fee (0.5%), strategist incentive fees (0.5%) and Platform revenue fees (3.5%). Why are there so many fees and what is the essence? And since the Auto-Compounding action reoccur many times after every optimal doubling time interval, does it means that these fees will continuously be deducted from staked assets or is it a one time payment?

Exortus

In fact, if we compare it to other platforms, these fees are nothing compared to the profit given. The aim of our team is to ensure the continuity of the project while providing maximum income to the users.The main purpose of these fees is to reward UP token holders and generate income that can ensure the continuity of the platform.

Fees will be automatically allocated from revenue.

Q5 from Telegram user @mamamelos2

Through which platform can we obtain your token? Also, can you share how your Tokenomis will be distributed?

Exortus

The IDO of the UP token will be completed on the Mars Ecosystem. To be one of the first holders of the UP Token, do not forget to participate in the IDO that will take place in the Mars Ecosystem! Afterwards, our liquidity will be added to Mars Ecosystem.

The token distribution will be as follows.

Q6 from Telegram user @slla1112

How is the UpDeFi platform different from traditional yield aggregator platforms like Autofarm? Will I be able to earn high returns as an investor in UpDeFi?

Exortus

UpDeFi also has auto-compounding strategies. UpDeFi’s auto-compounding strategy has low fees so that users can receive a higher yield.

What’s more, users of UpDeFi’s auto-compounding strategy can not only earn UP token rewards but also the economic model design of UP tokens determines the high value of UP tokens.

At present, the traditional yield aggregators (Autofarm, etc.) on BSC have no protocol tokens to reward users. In this case, users who participate in UpDeFi’s auto-compounding strategy can receive UP token rewards, and users can receive higher yields.

Since the UpDeFi protocol has a unique yield-enhancing strategy in addition to the auto compounding strategy, therefore, UpDeFi protocol has a lasting and robust source of revenue.

UpDeFi allocates 90% of the protocol revenue to UP token holders. UP token holders only need to stake UP tokens on the UpDeFi platform to participate in the UP-staking strategies and obtain protocol revenues. This economic model design ensures the high value of UP tokens.

Q7 from Telegram user @hoangthimyle

Do the token holders have the right to participate in the governance of the project?  What kind of decisions can they vote on about the community project?thanks your project.

Exortus

Yeah! Another feature of the UP token is the “government” feature. As I mentioned at the beginning, the UpDeFi team and its investors are people who come directly from the community. That’s why we attach great importance to listening to the voice of the community. Therefore, the UP token will be used as a Government token after the necessary breakthroughs. Stay tuned for more!

Tweets by UpDeFiUp

@UpDeFiUp

Q8 from Telegram user @Ritshimwa

holders have the benefit of participating in UpDeFi governance and revenue sharing. Can you tell us about how the governance will operate? What minimum amount of $UP tokens must a user hold and Lock up  details

Exortus

To take advantage of the Revenue Sharing model, all you have to do is stake your UP tokens in UP Vaults! Also, the Governance model is currently still in the installation phase. The UpDeFi protocol will be governed by the UpDeFi DAO. Users need to hold and lock UP Tokens to participate in the UpDeFi DAO.

Q9 from Telegram user @Mercury654

Is Your Whitepaper Is available ok Multiple Languages So that Users From all over the 🌎 World Can Read It , Or It is Only availability in English language   ?

Exortus

Hello! Of course, as the UpDeFi team, we prepared a whitepaper and published it for users to review. You can access this Whitepaper at the link here: https://docs.updefi.finance/ .  In addition, the whitepaper is constantly being translated into different languages, not just English!

Also, an IDO is planned on Mars Ecosystem, details will be shared soon. Don’t forget to join our group to follow the details faster! @UpDeFiUp

Q10 from Telegram user @Luis Pagulayan | AMA Participant

I read that UpDeFi  allocates 90% of the protocol revenue to UP token holders in a condition that token holders will stake UP tokens on the UpDeFi platform to  join in the UP-staking strategies and obtain protocol revenues. May ask how this staking will go? And the rest 10% of the protocol revenue, what allocation will it be? Is there a program for beginners in the UP platform?

Exortus

10% will be deposited directly by UpDeFi DAO. UpDeFi DAO, on the other hand, uses this revenue for Security audits, Marketing, Partnerships, Market Making, etc. will use for. These uses will be determined by the DAO and determined by their votes.Also, our team has recently launched the UPHolder program!For more detailed information: https://medium.com/@updefi_52681/introducing-the-upholder-program-52a3f3e6dff

Part 3 – Quiz Results

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

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

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

Our partners:

UpDeFi Website – app.updefi.finance

Telegram-https://t.me/UpDeFiUp

Twitter-https://twitter.com/UpDeFiUp

Medium-https://medium.com/@updefi_52681

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 UpDefi Spanish and our guest was . The AMA took place on the 13th of March.

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

Andrés M. | Satoshi Club

Un saludo amigos, bienvenidos de nuevo a nuestra sección de AMAs

Demos la bienvenida a nuestro invitado de hoy @LitoAdmin

I want to remember you that the second part of current AMA will be on @UpDeFi_ES

Tenemos a un nuevo invitado, @uporup bienvenido a Satoshi Club

@uporup welcome to Satoshi Club, how are you today?

Henry Rodriguez | Satoshi Club 🇻🇪

@uporup bienvenido a Satoshi Club, ¿cómo estás hoy?

Andrés M. | Satoshi Club

Could you provide us a short introduction about you and about UpDefi?

Henry Rodriguez | Satoshi Club 🇻🇪

¿Podría darnos una breve introducción sobre ti y sobre UpDefi?

Andrés M. | Satoshi Club

@uporup now you can talk

Sorry for the inconvenience

Henry Rodriguez | Satoshi Club 🇻🇪

@uporup ahora puedes hablar

Exortus

Thank you so much! Actually, I apologize for the delay.

Henry Rodriguez | Satoshi Club 🇻🇪

Perdon por el inconveniente

¡Muchas gracias! La verdad es que me disculpo por el retraso.

Exortus

Hello to everyone! I’m Exortus. I am the CM of UpDeFi Global Community.

Henry Rodriguez | Satoshi Club 🇻🇪

¡Hola a todos! Soy Exortus. Soy el CM de la Comunidad Global UpDeFi.

Exortus

I have been working with community moderation for a long time and now we are here to develop the UpDeFi community both globally and locally!

Andrés M. | Satoshi Club

Nice to meet you

Exortus

Nice to meet you too!

Henry Rodriguez | Satoshi Club 🇻🇪

Llevo mucho tiempo trabajando en la moderación de la comunidad y ahora estamos aquí para desarrollar la comunidad UpDeFi tanto a nivel global como local.

Andrés M. | Satoshi Club

Could you tell us what is the essence of UpDefi and your main mission?

Henry Rodriguez | Satoshi Club 🇻🇪

Gusto en conocerte

Exortus

Yes, of course!

Henry Rodriguez | Satoshi Club 🇻🇪

Es un placer para mi también

Exortus

I’m sure everyone here has heard of the concept of Yield Aggregator. In the world of DeFi, they are platforms for maximizing farming profits.

Henry Rodriguez | Satoshi Club 🇻🇪

¿Podría decirnos cuál es la esencia de UpDefi y su principal misión?

Si, por supuesto

Henry Rodriguez | Satoshi Club 🇻🇪

Estoy seguro de que todos los presentes han oído hablar del concepto de Agregador de Rendimientos. En el mundo de DeFi, son plataformas para maximizar los beneficios agrícolas.

Exortus

Most of the standard Yield Aggregators available today only have a few simple strategies and are limited to the normal user only.

However, on the contrary, UpDeFi will debut with three innovative strategies and will continue to add new ones in the future! Also, high liquidity platforms will be able to use these strategies!

Henry Rodriguez | Satoshi Club 🇻🇪

La mayoría de los agregadores de rendimiento estándar disponibles hoy en día sólo tienen unas pocas estrategias simples y están limitadas al usuario normal.

Sin embargo, por el contrario, UpDeFi debutará con tres estrategias innovadoras y seguirá añadiendo otras nuevas en el futuro. Además, ¡las plataformas de alta liquidez podrán utilizar estas estrategias!

Exortus

Simply for users, low fee, maximum profit.

Henry Rodriguez | Satoshi Club 🇻🇪

Simplemente para los usuarios, una tarifa baja, un beneficio máximo.

Andrés M. | Satoshi Club

That’s what everyone needs

Exortus

Exactly! That is why we are here.

Henry Rodriguez | Satoshi Club 🇻🇪

Eso es lo que todo el mundo necesita .

Andrés M. | Satoshi Club

Well, we have collected some questions for you, ready to proceed?

Henry Rodriguez | Satoshi Club 🇻🇪

Exacto. Por eso estamos aquí.

Exortus

Yes of course! Thanks for your kind welcome.

Henry Rodriguez | Satoshi Club 🇻🇪

Bien, hemos recopilado algunas preguntas para ti, ¿preparado para continuar?

Andrés M. | Satoshi Club

P1 del Usuario de Telegram @Ask4unik

De sus asignaciones de ingresos, el 90 % de esta parte de los ingresos se distribuye directamente a los acosadores de tokens UP, y el 10 % se destina a la tesorería de UpDeFiUpDeFi DAO para brindar apoyo al protocolo, incluidos los gastos de producto, desarrollo, auditoría y cooperación de mercado. Mientras que la tarifa de los ingresos de la plataforma es del 3,5 %, dijo que su comunidad tiene un valor central y, como tal, también recibirán recompensas, pero a partir de sus asignaciones de ingresos puedo ver que no se asigna ningún porcentaje a la comunidad, para la participación de la comunidad, ¿por qué? ¿Cómo? ¿Se recompensa a los miembros de la comunidad en su plataforma? ¿Qué pasa con el consejo asesor de UpDeFi, qué porcentaje les corresponde?

=================================

From your revenue allocations,90% of this part of revenue is directly distributed to UP token stalkers, and 10 %goes to the UpDeFiUpDeFi DAO treasury to provide support for the protocol including product, development,auditing, and market cooperation expenditures While the fee rate of platform revenue is 3.5%, you said that your community is of core value and as such they’ll also receive rewards ,but from your revenue allocations I can see that no percentage is allocated to the community, for community participation why so?How are community members rewarded in your platform?What about the advisory board of UpDeFi what percentage goes to them?

Henry Rodriguez | Satoshi Club 🇻🇪

Sí, por supuesto. Gracias por tu amable bienvenida.

Exortus

Great spot! I’m glad you understand that the community is very important to us. Truly the community is our most valuable part. Actually, we come from the community.

The rewards given to the UP tokens here are only the revenues generated by the revenue generated by the protocol. 10% of these earnings will go to the UpDeFi DAO as you said and will be used for services such as marketing. However, I would like to expand the marketing part here.

Our team always prepares its plans to include the community while marketing. In this way, the community can achieve maximum efficiency from marketing activities.

Also, this is just protocol revenues. In addition, 15% of the UP token will be used directly for DAO. As we already know, DAO = community.

Henry Rodriguez | Satoshi Club 🇻🇪

¡Gran punto! Me alegro de que entiendas que la comunidad es muy importante para nosotros. Realmente la comunidad es nuestra parte más valiosa. De hecho, nosotros venimos de la comunidad.

Las recompensas dadas a los tokens UP aquí son sólo los ingresos generados por los ingresos generados por el protocolo. El 10% de estas ganancias irán a la DAO de UpDeFi, como has dicho, y se utilizarán para servicios como el marketing. Sin embargo, me gustaría ampliar la parte de marketing aquí.

Nuestro equipo siempre prepara sus planes para incluir a la comunidad durante la comercialización. De esta manera, la comunidad puede lograr la máxima eficiencia de las actividades de marketing.

Además, esto es sólo ingresos de protocolo. Además, el 15% del token UP se utilizará directamente para la DAO. Como ya sabemos, DAO = comunidad.

Andrés M. | Satoshi Club

How many local communities do you have?

Henry Rodriguez | Satoshi Club 🇻🇪

¿Cuántas comunidades locales tienen?

Exortus

We currently have exactly six local communities and our team is constantly working on them. In addition, we strive to add a new one every day.

Actualmente tenemos exactamente seis comunidades locales y nuestro equipo está trabajando constantemente en ellas. Además, nos esforzamos por añadir una nueva cada día.

🇨🇳Chinese：https://t.me/UpDeFi_CN

🇪🇸 Spanish：https://t.me/UpDeFi_ES

🇮🇹Italian：https://t.me/UpDeFi_Italia

🇻🇳Vietnamese：https://t.me/UpDeFi_VN

🇮🇩Indonesian：https://t.me/UpDeFi_IDSA

🇵🇹Portuguese：https://t.me/UpDeFi_PT

Andrés M. | Satoshi Club

Definitely a global project, let’s join your favorite one, Satoshiclubbers

Henry Rodriguez | Satoshi Club 🇻🇪

Definitivamente es un proyecto global, unámonos a tu favorito, Satoshiclubbers

Andrés M. | Satoshi Club

Let’s proceed with the second question

Andrés M. | Satoshi Club

P2 from Telegram User @JoanaZ

¿Puede explicar cómo Updefi garantiza la seguridad adecuada para que sus usuarios puedan utilizar el sitio sin temor? Los hackers y las personas malintencionadas atacan con frecuencia a las plataformas de apuestas y cultivos; por lo tanto, ¿puede explicar cómo Updefi garantiza la seguridad adecuada para que sus usuarios puedan utilizar el sitio sin temor?

Hackers and malicious people frequently target staking and farming platforms, therefore can you explain how Updefi ensures adequate security so that its users can utilize the site without fear?

Henry Rodriguez | Satoshi Club 🇻🇪

Procedamos con la segunda pregunta

Exortus

Good question. The DeFi world is no different than the Wild West these days. There are many bad events and our team analyzes all these events and learns from them. And, they give maximum importance to security as they care maximum about the security of users.

Firstly, users can withdraw their deposited assets at any time. In addition, UpDeFi smart contracts can never use the assets of the users other than the strategies they have determined.

And finally, the UpDeFi team conducted tests with many blockchain security experts and released AUDIT with CertiK and Peckshield, some of the most important names in the DeFi world.

Exortus

CertiK Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/Certik-Audit-Report-UpDeFi__final-20220303T021017Z-1646278412677.pdf

PeckShield Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/PeckShield-Audit-Report-UpDeFi-v1.0.pdf

And also, we are preparing Bug Bounty with Immunefi. For more information, stay tuned!

Henry Rodriguez | Satoshi Club 🇻🇪

Buena pregunta. El mundo DeFi no es diferente al Salvaje Oeste hoy en día. Hay muchos eventos malos y nuestro equipo analiza todos estos eventos y aprende de ellos. Y, dan la máxima importancia a la seguridad ya que se preocupan al máximo por la seguridad de los usuarios.

En primer lugar, los usuarios pueden retirar sus activos depositados en cualquier momento. Además, los contratos inteligentes de UpDeFi nunca pueden utilizar los activos de los usuarios más allá de las estrategias que hayan determinado.

Y por último, el equipo de UpDeFi realizó pruebas con muchos expertos en seguridad de blockchain y lanzó AUDIT con CertiK y Peckshield, algunos de los nombres más importantes en el mundo DeFi.

Henry Rodriguez | Satoshi Club 🇻🇪

Informe de auditoría de CertiK: https://github.com/up-defi/up-resource/blob/main/audit/Certik-Audit-Report-UpDeFi__final-20220303T021017Z-1646278412677.pdf

Informe de auditoría de PeckShield: https://github.com/up-defi/up-resource/blob/main/audit/PeckShield-Audit-Report-UpDeFi-v1.0.pdf

Y además, estamos preparando Bug Bounty con Immunefi. Para más información, ¡estén atentos!

Andrés M. | Satoshi Club

Safety first, great job and congratulations to your team

Andrés M. | Satoshi Club

P3 del usuario de Telegram @jameslekan664

You made mention of the introduction of the UpHolder program on your twitter announcement. You said users can contribute to the UpDeFi community while they earn $UP tokens. How would the UpHolder program’s operations be held and monitored.. What sort of tasks will be given to the users and where will users get announcements of tasks to be done? When will it commence and how can I get started?

========

Usted mencionó la introducción del programa UpHolder en su anuncio de Twitter. Dijiste que los usuarios pueden contribuir a la comunidad UpDeFi mientras ganan tokens $UP. ¿Cómo se llevarían a cabo y monitorearían las operaciones del programa UpHolder? ¿Qué tipo de tareas se asignarán a los usuarios y dónde recibirán los usuarios los anuncios de las tareas a realizar? ¿Cuándo comenzará y cómo puedo empezar?

Henry Rodriguez | Satoshi Club 🇻🇪

La seguridad es lo primero, un gran trabajo y felicitaciones a su equipo

Exortus

 Thanks!

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias!

Exortus

UpHolders who complete certain tasks to develop our community will be rewarded with UP tokens.

I can give some of these tasks as an example,

Promoting UpDeFi on social media,

Finding influencers that can make a deal with UpDeFi and making deals with them,

Preparing content related to UpDeFi that can be of interest to people, etc.

The first mission will be with us very soon, but unfortunately I don’t have the exact date at the moment. Very soon…

Henry Rodriguez | Satoshi Club 🇻🇪

Los UpHolders que completen ciertas tareas para desarrollar nuestra comunidad serán recompensados con tokens UP.

Puedo dar algunas de estas tareas como ejemplo,

Promover UpDeFi en las redes sociales,

Encontrar influenciadores que puedan hacer un trato con UpDeFi y hacer tratos con ellos,

Preparar contenido relacionado con UpDeFi que pueda ser de interés para la gente, etc.

La primera misión estará con nosotros muy pronto, pero desafortunadamente no tengo la fecha exacta por el momento. Muy pronto…

Andrés M. | Satoshi Club

Everyone can join or only whale holders?

Exortus

All UpDeFi volunteers can participate!

Henry Rodriguez | Satoshi Club 🇻🇪

Todo el mundo puede unirse o sólo las ballenas holders ?

Henry Rodriguez | Satoshi Club 🇻🇪

¡Todos los voluntarios de UpDeFi pueden participar!

Andrés M. | Satoshi Club

@uporup thanks for your answers mate and sorry for the delay, I lost the connection for some minutes

Exortus

No problem at all!

Andrés M. | Satoshi Club

4th question is knocking the door, let’s go

Henry Rodriguez | Satoshi Club 🇻🇪

@uporup gracias por tus respuestas compañero y perdón por el retraso, perdí la conexión durante unos minutos

Henry Rodriguez | Satoshi Club 🇻🇪

La 4ta pregunta está tocando la puerta, vamos

Andrés M. | Satoshi Club

P4 del usuario @America_Jose

Mientras revisaba su documento técnico, leí acerca de algunas estrategias que servirán para una estrategia de inversión fija definida por un contrato inteligente, del cual se proporcionaron un total de tres, como las estrategias de capitalización automática, mejora del rendimiento y aumento de participación. ¿Hay alguna explicación que pueda dar sobre estas estrategias en su plataforma? ¿Existe algún riesgo en invertir en estrategias como usuarios? ¿Puede dar más detalles sobre el paquete completo de operación de estas estrategias?

…………………………………

While going through your whitepaper, I read about some strategies which will serve a fixed investment strategy defined by a smart contract, which a total of three was provided such as Auto-Compounding – Yield enhancing – Up-staking strategies. Is there any explanation you can give about these strategies in your platform? Is there any risks in investing in such strategies as a users? Can you elaborate on the full package of these strategies operation?

Exortus

Yes.. Strategies.. Perhaps UpDeFi’s best innovations! Let me explain them,

Henry Rodriguez | Satoshi Club 🇻🇪

Sí… Estrategias… ¡Quizás las mejores innovaciones de UpDeFi! Dejame que se las explique,

Exortus

Auto-compounding Strategies: The main purpose here is to facilitate the daily life of the user and to provide the user with maximum profit.

As you know, compound interest always pays more than linear interest. The aim of UpDeFi is to use the power of compound interest in this strategy. Standard users do not want to compound their continuous investments on a daily basis. There are two reasons for this, gas fees and daily waste of time. UpDeFi will do this compounding event for you, giving you maximum returns!

Henry Rodriguez | Satoshi Club 🇻🇪

Estrategias de autocompensación: El objetivo principal aquí es facilitar el día a día del usuario y proporcionarle el máximo beneficio.

Como sabes, el interés compuesto siempre paga más que el interés lineal. El objetivo de UpDeFi es utilizar el poder del interés compuesto en esta estrategia. Los usuarios estándar no quieren componer sus inversiones continuas a diario. Hay dos razones para ello, las tasas de gas y la pérdida diaria de tiempo. UpDeFi hará este evento de capitalización por usted, ¡dándole el máximo rendimiento!

Exortus

Yield-enhancing Strategies: Yield-enhancing strategies use the native UP token of the UpDeFi protocol as a bridge for yield realization, which prolongs the yield release time of the underlying yield protocol, greatly reduces the selling pressure of earned tokens, and enables users to obtain higher returns that the auto-compounding strategies cannot bring.

For projects, because the yield-enhancing strategies do not continuously sell earned tokens like the auto-compounding strategies, it greatly reduces the selling pressure of earned tokens and alleviates the common difficulties in liquidity mining programs. At the same time, because the yield-enhancing strategies can help users to obtain higher yields while the capital cost of the underlying yield protocol remains unchanged, it can help projects to significantly improve capital efficiency and pay minimum capital cost to obtain maximum liquidity and user attention.

Exortus

and lastly,

Henry Rodriguez | Satoshi Club 🇻🇪

Estrategias de mejora del rendimiento: Las estrategias de mejora del rendimiento utilizan el token UP nativo del protocolo UpDeFi como puente para la realización del rendimiento, lo que prolonga el tiempo de liberación del rendimiento del protocolo de rendimiento subyacente, reduce en gran medida la presión de venta de los tokens ganados y permite a los usuarios obtener mayores rendimientos que las estrategias de autocompensación no pueden aportar.

Para los proyectos, debido a que las estrategias de aumento de rendimiento no venden continuamente tokens ganados como las estrategias de autocompensación, se reduce en gran medida la presión de venta de tokens ganados y se alivian las dificultades comunes en los programas de minería de liquidez. Al mismo tiempo, debido a que las estrategias de mejora del rendimiento pueden ayudar a los usuarios a obtener mayores rendimientos mientras el coste de capital del protocolo de rendimiento subyacente permanece inalterado, puede ayudar a los proyectos a mejorar significativamente la eficiencia del capital y a pagar un coste de capital mínimo para obtener la máxima liquidez y atención de los usuarios.

Henry Rodriguez | Satoshi Club 🇻🇪

y La ultima

Andrés M. | Satoshi Club

Amazing ecosystem

Exortus

UP-staking Strategies: Users will receive UP token rewards when participating in the auto-compounding and yield-enhancing strategies. At the same time, the user will hand over some of the yields obtained in the two types of strategies to the UpDeFi protocol, and the UpDeFi protocol will distribute these revenues to UP tokens stakers.

This economic model design ensures the value of UP tokens, which can better motivate users to participate in the auto-compounding and yield-enhancing strategies on the UpDeFi platform.

Also, on security: we will continue to track all changes to the corresponding protocols and mining pools to ensure the security of users’ deposited assets.     Besides, audits of CertiK and PeckShield.

Exortus

Thanks a lot!!

Henry Rodriguez | Satoshi Club 🇻🇪

Ecosistema increible

Henry Rodriguez | Satoshi Club 🇻🇪

Estrategias de apuestas UP: Los usuarios recibirán recompensas en tokens UP cuando participen en las estrategias de autocompensación y de aumento de rendimientos. Al mismo tiempo, el usuario entregará parte de los rendimientos obtenidos en los dos tipos de estrategias al protocolo UpDeFi, y éste distribuirá estos ingresos a los stakers de tokens UP.

Este diseño del modelo económico asegura el valor de los tokens UP, lo que puede motivar mejor a los usuarios a participar en las estrategias de autocompensación y de aumento de rendimiento en la plataforma UpDeFi.

Además, en cuanto a la seguridad: seguiremos haciendo un seguimiento de todos los cambios en los protocolos y pools de minería correspondientes para garantizar la seguridad de los activos depositados por los usuarios.     Además, las auditorías de CertiK y PeckShield.

Henry Rodriguez | Satoshi Club 🇻🇪

Muchas gracias!!

Andrés M. | Satoshi Club

Could you share us your roadmap? Is there any other amazing feature in plans?

Henry Rodriguez | Satoshi Club 🇻🇪

¿Podrías compartir con nosotros tu hoja de ruta? ¿Hay alguna otra característica sorprendente en los planes?

Exortus

Currently, our team is preparing a roadmap, but in the meantime I would like to share our long-term mission with you.

UpDeFi’s mission:

1️⃣To build a one-stop, secure, most profitable, easy-to-use, flexible YaaS platform that is comprehensive to all blockchains for users in order to meet all their yield needs.

2️⃣To enable other projects to improve the capital efficiency they produce through their incentive programs (such as liquidity mining, transaction mining, borrowing mining, etc.). This way, other projects can pay the minimum capital cost to obtain maximum liquidity and user attention.

Henry Rodriguez | Satoshi Club 🇻🇪

Actualmente, nuestro equipo está preparando una hoja de ruta, pero mientras tanto me gustaría compartir con ustedes nuestra misión a largo plazo.

La misión de UpDeFi:

1️⃣Construir una plataforma YaaS única, segura, más rentable, fácil de usar y flexible que sea integral a todas las blockchains para los usuarios con el fin de satisfacer todas sus necesidades de rendimiento.

2️⃣Para permitir que otros proyectos mejoren la eficiencia del capital que producen a través de sus programas de incentivos (como la minería de liquidez, la minería de transacciones, la minería de préstamos, etc.). De este modo, otros proyectos pueden pagar el mínimo coste de capital para obtener la máxima liquidez y atención de los usuarios.

Andrés M. | Satoshi Club

Thanks for share it

Henry Rodriguez | Satoshi Club 🇻🇪

Gracias por compatirlo

Andrés M. | Satoshi Club

Time to proceed with our final question

Andrés M. | Satoshi Club

P5 de @Donmegg

vale la pena emular sus valores (comunidad, seguridad, eficiencia y simplicidad) para otros proyectos.Y tu compromiso con la comunidad (que tu equipo, usuarios y proyectos colaboradores, todos provengan de la comunidad), es casi inexistente. Si se me permite preguntar, ¿por qué le da tanta estima a la comunidad? ¿Por qué crees tanto en la comunidad que confías en que pueden contribuir al desarrollo de tus productos frescos y estrategias, incluso cuando sabes que están compuestas por diferentes individuos con diferentes razonamientos?¿No crees que trabajar con unos pocos miembros seleccionados del equipo produciría más resultados que trabajar con toda la comunidad?————————– ————-

Your values (community ,security, efficiency, and simplicity)are worth emulating for other projects. And your commitment to the community (that your team, users, and collaborating projects, All comes from the community) is next to none. if I may ask,why do you place the community on such high esteem? why do you believe in the community so much that you trust they can contribute to the development of your fresh products and strategies, even when you know that they are made up of different individuals, with different reasoning? don’t you think working with only a selected few team members will produce more results, than working with the whole community?

Henry Rodriguez | Satoshi Club 🇻🇪

Es hora de proceder con nuestra última pregunta

Exortus

The community is one of the most important points for our team because at the end of the day, the people who use the dApp you make are the community. Also, if you make a dApp that the community doesn’t like, you may not find anyone to use it. That’s why we constantly listen to the community and consider their words and suggestions. In addition, community members can participate in strategy development, but the main development of UpDeFi will be provided and maintained by the original members of the team.

Henry Rodriguez | Satoshi Club 🇻🇪

La comunidad es uno de los puntos más importantes para nuestro equipo porque al final, la gente que usa la dApp que haces es la comunidad. Además, si haces una dApp que no le gusta a la comunidad, puede que no encuentres a nadie que la use. Por eso escuchamos constantemente a la comunidad y tenemos en cuenta sus palabras y sugerencias. Además, los miembros de la comunidad pueden participar en el desarrollo de la estrategia, pero el desarrollo principal de UpDeFi será proporcionado y mantenido por los miembros originales del equipo.

Andrés M. | Satoshi Club

Satoshiclubbers, the second part of the AMA will take place HERE

Henry Rodriguez | Satoshi Club 🇻🇪

Satoshiclubbers, la segunda parte del AMA tendrá lugar AQUÍ

Andrés M. | Satoshi Club

@uporup thank you friend for your incredible answers, now is time to proceed with the second part of the AMA, time to open the chat for live community questions

Exortus

Yes! Most excited part!

Henry Rodriguez | Satoshi Club 🇻🇪

@uporup gracias amigo por tus increíbles respuestas, ahora es el momento de proceder con la segunda parte del AMA, hora de abrir el chat para las preguntas de la comunidad en directo

Henry Rodriguez | Satoshi Club 🇻🇪

Si, es la parte mas emocionante!

Andrés M. | Satoshi Club

Opening the chat in 3

Henry Rodriguez | Satoshi Club 🇻🇪

Abriendo chat en 3

Part 2 — live questions from the Telegram community

Q1 From Telegram User @mdthamid

Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

Exortus

Yeah! Another feature of the UP token is the “government” feature. As I mentioned at the beginning, the UpDeFi team and its investors are people who come directly from the community.That’s why we attach great importance to listening to the voice of the community. Therefore, the UP token will be used as a Government token after the necessary breakthroughs. Stay tuned for more!

Tweets by UpDeFiUp

Sí. Otra característica del token UP es la del “gobierno”. Como he mencionado al principio, el equipo de UpDeFi y sus inversores son personas que provienen directamente de la comunidad. Por eso damos mucha importancia a escuchar la voz de la comunidad. Por lo tanto, el token UP se utilizará como token de Gobierno después de los avances necesarios. ¡Esté atento a más información!

Q2 From Telegram User @mobilejii

What are the marketing plans of your project ? Do you have marketing fund and  marketing wallet or not? How big is your project in terms of capital?

¿Cuáles son los planes de marketing de tu proyecto? ¿Tiene un fondo de marketing y una billetera de marketing o no? ¿Qué tan grande es su proyecto en términos de capital?

Exortus

At the moment, at the beginning of our marketing plans is to grow our community and to make their liquidity effective by partnering with different projects. We also want to establish a platform where people of all nationalities can freely express themselves by establishing local groups.

Governance

The UpDeFi protocol will be governed by the UpDeFi DAO. Users need to hold and lock UP Tokens to participate in the UpDeFi DAO.

Revenue Sharing

UpDeFi allocates 90% of the protocol revenue to UP token holders. UP token holders only need to stake UP tokens on the UpDeFi platform to participate in the UP-staking strategies and obtain protocol revenues.

And we have UpDeFi DAO Marketing with 15% allocation of all tokens.

De momento, al principio de nuestros planes de marketing está hacer crecer nuestra comunidad y hacer efectiva su liquidez asociándose con diferentes proyectos. También queremos establecer una plataforma en la que personas de todas las nacionalidades puedan expresarse libremente creando grupos locales.

Gobernanza

El protocolo UpDeFi será gobernado por la DAO UpDeFi. Los usuarios necesitan tener y bloquear tokens UP para participar en la DAO UpDeFi.

Reparto de los ingresos

UpDeFi asigna el 90% de los ingresos del protocolo a los poseedores de tokens UP. Los poseedores de tokens UP sólo necesitan apostar tokens UP en la plataforma UpDeFi para participar en las estrategias de apostar UP y obtener los ingresos del protocolo.

Y tenemos UpDeFi DAO Marketing con una asignación del 15% de todos los tokens.

Q3 From Telegram User @Udoy213212

Can you explain how is your  Tokenomics Distribution? How many tokens Will be minted? And How many tokens Will be locked by the team?

Exortus

Token Information

Name: UP Token

Ticker: UP

Contract Address: TBA

Chain: BNB  Chain (BEP-20)

Total Supply: 1 Billion

Token Distribution

UpDeFi is a fair launch project with no pre-sale, no investor, and no pre-mine. Only participants who contribute to the UpDeFi protocol will receive UP tokens based on their contributions.

Team tokens vesting schedule: Vesting starts after 3 months from IDO. 1/24 of the total share will be unlocked every month for 24 consecutive months.

Fair Launch Tokens Distribution

78% of the total supply of UP tokens will be distributed through our fair launch. The distribution period will last the duration of 2 years. In order to entice users to engage in the UpDeFi protocol as early as possible, the distribution of UP tokens will gradually decrease within the 2 year period, in other words, the earlier a user participates in the UpDeFi protocol, the more rewards they can get.

Información del token

Nombre: UP Token

Ticker: UP

Dirección del contrato: TBA

Cadena: Cadena BNB (BEP-20)

Suministro total: 1.000 millones

Distribución de tokens

UpDeFi es un proyecto de lanzamiento justo sin preventa, sin inversor y sin mina previa. Sólo los participantes que contribuyan al protocolo UpDeFi recibirán tokens UP en función de sus contribuciones.

Calendario de adquisición de tokens del equipo: La adquisición de derechos comienza después de 3 meses desde el IDO. Se desbloqueará 1/24 de la participación total cada mes durante 24 meses consecutivos.

El 78% del suministro total de tokens UP se distribuirá a través de nuestro lanzamiento justo. El período de distribución tendrá una duración de 2 años. Para incitar a los usuarios a participar en el protocolo UpDeFi lo antes posible, la distribución de tokens UP disminuirá gradualmente durante el período de 2 años, es decir, cuanto antes participe un usuario en el protocolo UpDeFi, más recompensas podrá obtener.

Q4 From Telegram User @Alkabirkhan

Security is the most important thing to consider want starting up a project, how secured is this project for users and investors?

Exortus

Security is our core value

We understand that security is the number one concern for users. We continue to invest in ensuring the security of the UpDeFi platform and the security of the underlying yield protocols and their mining pools.

Specifically:

UpDeFi is a non-custodial platform for user assets, which means that users can withdraw their assets on the UpDeFi platform at any time. At the same time, UpDeFi cannot use the assets deposited by users in any way outside the defined yield strategy.

We conduct detailed risk assessment and testing of the underlying yield protocols and mining pools that plan to be integrated by the UpDeFi platform strategies, and only launch strategies to users after confirming that there are no foreseeable risks. After the strategy is launched, we will continue to track all changes to the corresponding protocols and mining pools to ensure the security of users’ deposited assets. 

PeckShield Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/PeckShield-Audit-Report-UpDeFi-v1.0.pdf

CertiK Audit Report: https://github.com/up-defi/up-resource/blob/main/audit/Certik-Audit-Report-UpDeFi__final-20220303T021017Z-1646278412677.pdf

La seguridad es nuestro valor principal

Entendemos que la seguridad es la principal preocupación de los usuarios. Seguimos invirtiendo en garantizar la seguridad de la plataforma UpDeFi y la seguridad de los protocolos de rendimiento subyacentes y sus pools de minería.

En concreto:

UpDeFi es una plataforma sin custodia de los activos de los usuarios, lo que significa que los usuarios pueden retirar sus activos en la plataforma UpDeFi en cualquier momento. Al mismo tiempo, UpDeFi no puede utilizar los activos depositados por los usuarios de ninguna manera fuera de la estrategia de rendimiento definida.

Llevamos a cabo una evaluación detallada de los riesgos y pruebas de los protocolos de rendimiento subyacentes y los pools de minería que planean ser integrados por las estrategias de la plataforma UpDeFi, y sólo lanzamos las estrategias a los usuarios después de confirmar que no hay riesgos previsibles. Tras el lanzamiento de la estrategia, seguiremos haciendo un seguimiento de todos los cambios en los protocolos y pools de minería correspondientes para garantizar la seguridad de los activos depositados por los usuarios. 

Informe de auditoría de PeckShield: https://github.com/up-defi/up-resource/blob/main/audit/PeckShield-Audit-Report-UpDeFi-v1.0.pdf

Informe de auditoría de CertiK: https://github.com/up-defi/up-resource/blob/main/audit/Certik-Audit-Report-UpDeFi__final-20220303T021017Z-1646278412677.pdf

Q5 From Telegram User @Udoy213212

is your project for English speaking countries only or is your community for other language users? How do we get the latest updates for your project?thanks

Exortus

he UpDeFi team is aware that the community is one of the most important parts of a project, and we aim to establish a large community with this awareness. The communities we have established are not only for those who speak English, but thanks to our CMs from many different nationalities, our local communities and our marketing efforts continue at full speed. Be sure to check out the links below to follow them.

El equipo de UpDeFi es consciente de que la comunidad es una de las partes más importantes de un proyecto, y pretendemos establecer una gran comunidad con esta conciencia. Las comunidades que hemos establecido no son sólo para aquellos que hablan inglés, sino que gracias a nuestros CMs de muchas nacionalidades diferentes, nuestras comunidades locales y nuestros esfuerzos de marketing continúan a toda velocidad. No dejes de consultar los siguientes enlaces para seguirlos.

👇

✏️dApp: https://app.updefi.finance/

🐦Twitter: https://twitter.com/UpDeFiUp

📩E-Mail: support@updefi.io

📖Whitepaper: https://docs.updefi.finance/

🔊Announcement: https://t.me/updefi_announcement

🇨🇳Chinese：https://t.me/UpDeFi_CN

🇪🇸 Spanish：https://t.me/UpDeFi_ES

🇮🇹Italian：https://t.me/UpDeFi_Italia

🇻🇳Vietnamese：https://t.me/UpDeFi_VN

🇮🇩Indonesian：https://t.me/UpDeFi_IDSA

🇵🇹Portuguese：https://t.me/UpDeFi_PT

Part 3 – Quiz Results

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

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

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

Our partners:
Telegram Community – https://t.me/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 Tristan Survival and our guest was . The AMA took place on the 10th of March.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Jonah 🏅🎹 | Satoshi Club

Hello Dear Satoshiclubbers welcome to our AMA session with Tristan Survival

Pavel P

Hello our great community and welcome to our AMA Session with Tristan Survival!

Let us welcome our today’s guest, @Linikol

Jonah 🏅🎹 | Satoshi Club

Hello @Linikol welcome to Satoshi club

Pavel P

Some minutes of patience. Our guest should join shortly

Jonah 🏅🎹 | Satoshi Club

 Hello

Pavel P

@Linikol, you should be able to type now

Prashant ( Tristan )

Hi, everything seems to be working now.

Welcome to Satoshi Club!

Pavel P

Glad to see you finally here!

Jonah 🏅🎹 | Satoshi Club

we are glad to have you here

Jonah 🏅🎹 | Satoshi Club

how are you doing today?

Prashant ( Tristan )

Thanks, excited to be here with the community.

Today has largely gone  in our discussion with our team and community in what direction we want to take Tristan in near future

Jonah 🏅🎹 | Satoshi Club

Great Let’s start our AMA

Pavel P

Let’s GO!

Jonah 🏅🎹 | Satoshi Club

So can you please introduce yourself to us, how you got into crypto and how Tristan Survival started?

Prashant ( Tristan )

Sure,that is what we here for !

Prashant ( Tristan )

So I have been part of Tristan for over a year and doing various roles and currently filling the role of CMO which makes me consequential for community operations.

Jonah 🏅🎹 | Satoshi Club

How many are you currently working on the project?

Prashant ( Tristan )

I think it was one of my projects in my last role . I was working closely with polygon team back then and the potential that they showed me. As in how block chain can revoltunise our lives

got in to the idea of whole crypto

Tristan is a major effort and initially it started as idea to give incentive to community for spending their time . Tho what we achieved with it was not fulfilling for us.

Current we have over 50+ team members working across various sides of project across the globe

Pavel P

Wow! That is impressive!

Jonah 🏅🎹 | Satoshi Club

Can you also tell us on brief what Tristan Survival is all about?

Prashant ( Tristan )

And as stage progressed, we started to go through how the landscape of blockchain was changing .

Prashant ( Tristan )

Most of us have a background from Traditional games and have worked for major publishers and we figured out that we want to make a metaverse and a product capable of making it easier for users to get into the games

Tristan survival is one of our product to compliment our metaverse infrastructure

Prashant ( Tristan )

Our metaverse is open-ended and will feature various games and survival is our first step in that direction.

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

Prashant ( Tristan )

It aims to merge popular ideas and trends like NFT , play to earn, defi and espcially socialfi ( which is we are really excited about )

Jonah 🏅🎹 | Satoshi Club

Exciting

We will now like to proceed to community questions are you ready for them?

Prashant ( Tristan )

we too are

Prashant ( Tristan )

Yep, opinion of community matters a lot to us and would really want to know what sort of queries they have about our project

Jonah 🏅🎹 | Satoshi Club

Let’s go

Pavel P

Q1 From Telegram User @QuianaV

Hello

I saw that survival will be having its beta version by March 20th and whitelisted players will get earl access to the survival game and all tokens generated in-game during early access can be transferred to in-game token during beta test. Can you share more information about your upcoming beta test and how long it will last? What are the requirements for users to be whitelisted and join upcoming beta test? Will whitelisted players earn from playing the Beta test? When will the survival mainnet be launched?

Prashant ( Tristan )

So at this stage, we would not want to commit to solid date but we expect our official launch to be sometime in middle of Q2.

Jonah 🏅🎹 | Satoshi Club

Not too far I must say

Pavel P

The community should already get ready for it

Our beta test will last for as long as it takes for us to polish and perfect it . We don’t want to give a half baked product to our community . Our internal timeline for it is by middle of Q2

Prashant ( Tristan )

So to have a chance at beta test, you need to have earned a whitelist spot which are rewarding to deserving players through various events and activities

Not only whitelist spot, but we are also giving few free T- Suits which are needed to enter the Survival world

Pavel P

So, the users should follow your official channels for the events and activities notifications

Prashant ( Tristan )

Survival players will earn NFTs, tokens and resources during their adventure in the beta test of survival and they are fully transferrable so you can go all in the beta without worrying about what will happen to your efforts and rewards

Yep, let me show you some events that we have planned

Jonah 🏅🎹 | Satoshi Club

This means more benefits for Whitelisted users

Great let’s see

Prashant ( Tristan )

The King of Discord Daily Topic

Duration: March 11-March 20

WL spots: 2 Free + 50 Whitelist Spots

We will start a 10-day Daily Topic event in the Discord group, where each player can discuss the topic and give their own opinions. The top 5 survivors who get the most interaction will get whitelisted. The king of this10-days topic will be rewarded a Free T-Suit!

Twitter Whitelist Airdrop

Duration: March 11-March 15

WL Spots:10 free T-Suits & 200 T-Suit Whitelist

It’s an exclusive campaign for Twitter Influencer who are interested in getting a free T-Suit and early access to the Survival’s beta test. Survival is looking for more extensive social exposure. Please DM for details!

Create-and-Earn

Duration: March 15-March 20

WL Spots:3 Free T-Suits & 100 whitelist

Survival’s meme contest is on again! Everyone has 3 entries to participate in this event. How to participate? Post memes about Survival or write your own story on the Survival or NPC with the hashtag #Survival, and reply with your BEP-20 address in the comments. Survival will randomly pick the three best memes or stories to reward a free T-Suit! And other entries will be awarded T-Suit WL.

Pavel P

Great ways to get the most from the project at an early stage!

Prashant ( Tristan )

These are the 3 events and we were finalizing details for them today itself so I guess Satoshi Club’s community got early sneak peak

Jonah 🏅🎹 | Satoshi Club

That’s almost 400 Slots right?

Prashant ( Tristan )

Yep around that

Prashant ( Tristan )

You can join our twitter and discord to know more

Can i post links now ?

Jonah 🏅🎹 | Satoshi Club

Prashant ( Tristan ):

Tristan Twitter:https://twitter.com/TristanClub_

Survival Twitter:https://twitter.com/Play_Survival_

Telegram:https://t.me/TristanClubofficial

Discord:https://discord.gg/AYdsMRQgvT

Prashant ( Tristan )

Thanks

Jonah 🏅🎹 | Satoshi Club

Yes. sorry about that

Prashant ( Tristan )

So here is our links and make sure to stick to that as we have a lot of things coming in near future

Ah only goes to show that you have one active community lol

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Ready for the next question now?

Prashant ( Tristan )

yep, please

Pavel P

Q2 From Telegram user @GracieEne

Survival is a wasteland-themed pixel game that aims to create a full-scaled context that includes not only NFTs but also a gaming environment and even an immersive metaverse. It is said that the Badge of Brave (BOB) will be given as a Survival souvenir to every survivor to commemorate their achievements and glory. This BOB represents an adventurous and brave spirit… so what factors makes the BOB a representation of an adventurous and brave spirit? When and how will the BOB be issued to players, will they be announced? Are there specific achievements or requirements players must possess before the Badge is given to them and Is there a limit to the number of BOBs a player can possess?

Jonah 🏅🎹 | Satoshi Club

Btw your discord link doesn’t work for me

Prashant ( Tristan )

BOB will be a NFT and unique reward in addition airdrop of tokens that our beta testers will get. BoB is a way of recognizing initial set of players and community members of survival game and they are going to be the first ones to explore the uncharted

Jonah 🏅🎹 | Satoshi Club

How many will you airdrop to your beta testers?

Prashant ( Tristan )

To posses BOB, be one of our whitelist winner or you can also get it by taking part in our community events. There are limited numbers of BOB which will be minted . We have not put any limit to how many BOB one player can get but we do aim to keep it 1 per person . We had the idea of BOB with recent turn of war and a tribute to brave people out their surviving through hardships of life

1 per person is our aim but given how active our community is … we dread that they might find some exploit to get more

I think that should answer all for BOB badge

Pavel P

Thank you for your answers!

Let’s proceed to the 3rd question

Pavel P

Q3 From Telegram User @NataliyaKil

Survival Bot is running on your discord server. If I understand correctly, then players can get early access to your upcoming Survival game by playing on your Discord server? So, can you tell us more about this bot, what features it has and what opportunities it can open for players? I would also like to know how to play with Survival Bot, what are the commands and what do they mean? Is there a guide to playing with Survival Bot?

Prashant ( Tristan )

https://discord.gg/ePXHx64Vrz is where you can find our discord bot and interact with

Thing with survival bot is that we have a lot of possibilities with it and directions we can take it

For now, it is a way for our players and us to interact with game . You can transfer you token to game or to survival with it ( when it is out )

Jonah 🏅🎹 | Satoshi Club

Impressive

Prashant ( Tristan )

For guide, you can head over to our discord and head over to our play survival channel and read the guide but I will later post lists of some actions you can do

Pavel P

Please make notes, Satoshiclubbers

Jonah 🏅🎹 | Satoshi Club

Awesome the list will be helpful to the community

Prashant ( Tristan )

Also each reward you earn while playing game has value, It can either earn you whitlist spot or in game resource which will be reflected once the official survival game is out

And even when the survival game is our, you will still be able to play survival game with our bot without need of opening any other app directly through bot

Jonah 🏅🎹 | Satoshi Club

A win win

Prashant ( Tristan )

also bot is directly linked to our account integration system which means that you can use your scoial media account i.e discord , telegram ( we are expanding support) to login to your Tristan wallet !!

Prashant ( Tristan )

It allows us to offer on the go gameplay along with social aspects of a community

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Ready for the next question now?

Prashant ( Tristan )

yep, please bring it on !!

Pavel P

Q4 From Telegram User @Rozielyna

I understand that Survival is a wasteland-themed pixel create-to-earn and play-to-earn game, featuring the idle game setting, nostalgic aesthetic, and small dose challenge experience. What are the distinct features of Survival that makes it different from regular traditional crypto P2E games? What are your strategies to try and solve the existing problems on Blockchain Games ? I also read that to keep the game’s long-term sustainability, you’ve implemented a relatively fair game mechanism, combined with NFT T-Suit and tokenomics.Can you share with us how the Fair Game Mechanism works to keep the in-game ecosystem balanced and the game on going for a long term? How can users get NFT T-Suit?

Prashant ( Tristan )

Jonah 🏅🎹 | Satoshi Club

This is Informative

Prashant ( Tristan )

Survival is quite extensive game and with various elements which we will introduce as game progressed . One which I want to highlight and something which really differentitates it from other games are few points which I will expand on

1) Social aspects : As a user you have breadth of content which you can enjoy. Ranging from PVE which will require close coordination and large groups

to PVP where you will have multiple players battleing it out for strategic resources

I find that many play to earn games in GameFi ignore this aspect

2) UGC content:

It will come sometime in later date but esentially we want you ,the community, to be part of our development process and create a world with us.

Thanks to our implementation of DAO governance and consensus  mechanism, we will be able to reward top creators

Pavel P

That is indeed a very smart attitude! Community is everything!

Prashant ( Tristan )

now you don’t need to be player alone

3) Ownership: If the game is decentralized then you don’t own the asset and anything you earn can be easily taken .

Jonah 🏅🎹 | Satoshi Club

this is clear for me

Pavel P

Appreciate your attention to every detail!

Prashant ( Tristan )

4) Ease of joining: So you need to open wallet, login to wallet and then you need to sign in with that wallet to the game through wallet ? sounds too much work for something which is meant to ease up your day

We offer a one click login solution from discord, telegram or twitter. Acting as a gateway to survival and many future games to come

Pavel P

How secure is this? Have you passed any audits?

Prashant ( Tristan )

As secure as it can get. We take safety as big concern and are working on in house solution along with market leading encryption methods . Not to forget the back end is still decentralized . We are working on audit and should have it in near future

Jonah 🏅🎹 | Satoshi Club

Awesome

Thank you for your answers

Prashant ( Tristan )

also at the same time, we are working in close- association with METIS and have even become their first partner of Genesi DAC , a 100 million investment plan to make ecosystem for METIS.

And it is thanks to the last point , I mentioned

Jonah 🏅🎹 | Satoshi Club

lets proceed to the next question Now

Pavel P

Let’s see the question nr 5 now as the 4th seems to be answered in full!

Prashant ( Tristan )

oh and one last major aspect. With ease of access thanks to our account integration , we have expanded our user base by many folds as now we are able to target a much larger base of players who have no interaction with crypto

Yep, it was really interesting one to answer

Pavel P

Q5 From Telegram User @Ask4unik

I read that to keep your game’s long-term sustainability, you implemented a relatively fair game mechanism, combined with NFT T-Suit and tokenomics. So can you elaborate more on the game mechanism you have implemented that will make your game play last for a long time?So when this game mechanism has implemented,what will be the result of it when its combined with the NFT T-Suit and Tokenomics?Can you give us an in-depth narrative of your game?You also said that you game will have a rogue-like system,can you explain what that implies?Thanks!

Prashant ( Tristan )

Rogue like system means that we take heavy inspiration from that gameplay genre. For instance, we put heavy emphasis on procedurally generated world, random elements where you can either find rewards or could also end up stumbling aginst monsters

And strategic  turn-based gameplay alongside with grid system

Initially we we considering permanent death system but decided that it will be too punishing for a casual and fun experience

Jonah 🏅🎹 | Satoshi Club

Btw do you have a guide for new players?

Prashant ( Tristan )

So fair game mechanism is a rather broad term, it means that game won’t be constantly trying to give your smaller end of the stick and everything will be handled in transparent manner . At the same time to ensure longevity of the game

We will be putting heavy focus on reinvestment on your character. If someone is aware of recent predicament of Axie, they would know that most players are just quitting the game after making the earning

Prashant ( Tristan )

We want our exsisting users to stay and bring more players earn so heavy focus is on user retention

To combat scenario of unfavorable in game economy, we have ensured certain check and balance to keep game rewarding and fair

Jonah 🏅🎹 | Satoshi Club

This ensures the Long term existence of any project

Prashant ( Tristan )

Also to keep game interesting, we have series of updates planned which would be released in phased manner

Yep, but only  few are able to focus on it .

Jonah 🏅🎹 | Satoshi Club

It’s great to know you do focus on it

Prashant ( Tristan )

Also we are a metaverse and survival is just one of the games

Prashant ( Tristan )

To ensure healthy ecosystem within game, we will have various other games which will always ensure scarcity of resource and value of tokens

For instance, resources you earn in survival can be turned to T-Suit and then sold for our token

Those same tokens can then be used in our other games

Jonah 🏅🎹 | Satoshi Club

Awesome

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Prashant ( Tristan )

I think that should answer this question ?

Pavel P

Absolutely!

Prashant ( Tristan )

Before we move to next, I wanna show something regarding BOB .

Pavel P

Yes, please

Prashant ( Tristan )

from https://t.co/Xs8eDVrqPo

Here is a look at our BOB editor, you can access it anytime

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing this

Let’s move to the last question now

Jonah 🏅🎹 | Satoshi Club

For the first part

Pavel P

Q6 From Telegram User @Meta_MateX

You position the final product as the first Create-to-Earn Pixel role-playing Game deployed on multichain, where players can assemble their own pixel avatar to start interstellar travel in the unexplored survival world. Don’t you think that the style of chosen graphics might stop some users from both playing and investing in the project? As you provide a chance to Create and Earn – how does the process of creation passes? Is it free for everyone or there are some conditions to be met? Thanks in advance!

Prashant ( Tristan )

well cryptopunk is one of the first major NFT and they were flying over for millions so we are fairly confident with out choice of pixel style

Prashant ( Tristan )

Also pixel style, gives us a unique aesthetic and at the same time, it gives a sense of nostalgia from PS1 and Nintendo era

And it goes very well along our idea of making a social, fun game which you can play on the go

Will some users be deterred from it? I think yes but it will also be much more welcoming to masses which we are targeting.

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers so far

Pavel P

That might become a great tagline of the first part of our AMA!

Pavel P

Appreciate your amazing answers!

Prashant ( Tristan )

A game which comes to my mind is Dead cell . It offers pixel style art direction but I think we all can say that it is fairly successful

Pavel P

Time to move to LIVE questions from our community!

Are you ready for the storm?

Prashant ( Tristan )

For creaiton part, I can’t comment in sepcific but

Jonah 🏅🎹 | Satoshi Club

Our members are eager to rain their questions

Prashant ( Tristan )

community will get to vote on top creations and they will be rewarded. Everything else will be finalized based on reception of game and how users react to various aspects

Prashant ( Tristan )

Should I get umbrella ?

Jonah 🏅🎹 | Satoshi Club

Yes

Pavel P

A clear DAO in action!

Jonah 🏅🎹 | Satoshi Club

Chat will be opened for 120 seconds

Ready to see some action?

Prashant ( Tristan )

Yep, our TGO holders will be able to vote on key decisions .

Please

Prashant ( Tristan )

go ahead I am ready with my umbrella here

Jonah 🏅🎹 | Satoshi Club

Opening now

Part 2 — live questions from the Telegram community

Q1 from Telegram user revilo tullaga

Tristan is releasing METAWallet, a meta-universe gateway product, according to what I’ve learnt. Could you please explain what this product is and how it works? Metis was also reported as being involved in the creation of this product in some way. True? Metis, what part does he play in all of this?

Prashant ( Tristan )

Metawallet is our ambition of acting as gateway to world of GameFI.You will be able to use one wallet linked to your social media and then use that to login to any other decentralized game without need of accessing your wallet in future . It will also provide additional layer of security.We are first investee of the Genesi DAC, aiming to invest over $100 million to build the ecosystem for METIS, an Ethereum Layer-2 project.so we are working with their Andromeda 2-layer chain to make it a success . It will make it easier for users of WEB 2. to join web 3.More details will follow in near future

Q2 from Telegram user @JaviSuBs

What devices are necessary to start playing? Is the Tristan Survival game available in mobile applications for Android and iOS systems or can we only play from a PC?

Prashant ( Tristan )

You can play it on most of the smartphones. So long as you can install discord or telegram, you should be able to play the game.Making game as accessible and as light as possible was one of our priority as we want to promote on the go gaming without compromising on our user base

Q3 from Telegram user @GracieEne

Players having Genesis NFTs can upgrade their T-Suit and mint NEW NFTs in-game and the quality of the genesis NFTs will determine the level of new NFTs a user can mint. How can a player obtain a T-Suit? What are the procedures for upgrading a T-Suit and how do you measure the quality of the Genesis NFTs to determine what level of New NFTs can be minted by a user?

Prashant ( Tristan )

So Genesis T-Suit NFTs are quite limited and after they are sold, only players will get to decide the price of T-suit.T-Suit will act as gateway to Survival and is a must to have. For a new player, they can either buy it from our marketplace ( for now you need to win whitelist spot too) while those who have T-Suit can gather resources and craft 8 pieces then merge together to make a T-Suit. The stats will solely decide on the quality and stat of each equipment piece and each equipment peace can be upgraded for better stat here is a sample of one of our T-Suit.

You can sell your minted NFT later at market by setting your own price

Q4 from Telegram user ALICAN ☄️

What do you think are the obstacles in front of today’s Blockchain games? Can you explain how the Tristan team provides a solution to the problems in blockchain games and how they handle the problems?

Prashant ( Tristan )

So the major problems for blockchain gaming are
1) High entry barrier : It is hard to login or create wallet , account …. it becomes cumbersome after first few times . We are solving it with our Metawallet

2) Limited user base: Crypto user base is limited compared to potential user base that of a traditional games, We have designed our game to make it beginner friendly and are targeting user base from traditional games.

Then their is low user retention and reinvestment from players, we are solving this by giving a value to our token which will always ensure scarcity and protocols which will adjust burn rate and in-game consumption of tokens based on how in-game economy is reacting

Q5 from Telegram user Akira

In game platform, Users have to do a lot of transactions and with the high gas fee, it becomes very tough to continue it,
With keeping this in mind,

On What native chain, Have You built on ?

Prashant ( Tristan )

We will be starting with binance smart chain and then branch out to other chains. For transaction fees, only in chain transfers will cost you fee, To cut down on the fee, we will give option of transfering and storing your tokens on our platform. Also BSC was our choice because of low transaction fee

Q6 from Telegram user Rimjhim

Converting Non-Crypto gamers into Crypto gamers is very important to get the maximum Adoption,
It is not easy to do in less time,
How is Tristan going to attract these gamers 🎮?

Prashant ( Tristan )

The founding team of Tristan is also co-founders of a consumer Internet company that provides online gaming, fintech, and E-commerce services to Southeast Asia and South Asia.so we have the expertise , insight which is needed to reach out the traditional gaming market

while our offering is set to target that market too . We are fairly confident of converting non crypto gamers to one of survivors !!

Q7 from Telegram user @Gutike95

It caught my attention that your game will have a Randomness theme, but how will it really be used? Is it just that each combat will be chosen randomly? or will all forms of play be handled randomly?

Prashant ( Tristan )

Map will be generated procedurally and so will the elements filling it. There will be some rules to it but largely placement for treasures, caves, resources , mobs along with the loot system will be handled by randomness

Q8 from Telegram user @kokonutella

My question is about if this project can really work with other block chain systems and how can I get governance vote priviledges ?

Prashant ( Tristan )

TGO token holders will be able to vote on key decisions and will be needed for DAO governance . It will also offer various other bonus like staking, passive revenue from treasure vault and in game uses too for minting or specific actions

Q9 from Telegram user aridondo

I’d want to learn more about your “Task Center.” Despite checking that section numerous times, no tasks were available. What kinds of tasks do you provide? In general, platforms provide easy activities such as reading emails and watching advertising in exchange for little sums of money. Is it possible for users to make a decent living by performing your tasks? Is there anything else I need to do in order to join your task center?

Prashant ( Tristan )

You can earn tokens / NFTs / in-game resources from task center . As you progress through our games be it our bot game or survival, you will earn more and more tasks. Tasks can range from in game activity or performing certain actions. They are dynamic in nature

Q10 from Telegram user @Alixbella

If I don’t have a T-Suit and I need one to get started where can I buy one right now and what is the value of the T-Suit? Where can you get information on the T-suit and its 8 components?

Prashant ( Tristan )

You can head over to our twitter or discord and take part in events granting players whitelist spots.

Twitter: https://twitter.com/Play_Survival_
Discord: https://t.co/ZzFG5ZNqG7

Part 3 – Quiz Results

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

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

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

Our partners:
Telegram Community – https://t.me/
Twitter: https://twitter.com/Play_Survival_
Discord: https://t.co/ZzFG5ZNqG7

Website-http://tristanclub.com/

Medium-https://medium.com/@TristanClub

We are pleased to announce our next AMA on March 11th, 2022 at 11:00 AM UTC Time: Satoshi Club x Time Raiders

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Time Raiders Telegram group
👉 Join Time Raiders Discord Channel

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

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

Part 3: 300$ – A quiz about Time Raiders

For more details:
Time Raiders Website – timeraiders.io
Time Raiders Telegram – @TimeRaiders
Time Raiders Discord – @TimeRaiders
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 Trust Recruit and our guest was . The AMA took place on the 9th of March.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with Trust Recruit.

Today our  guests are @lila_b_trustrecruit @yaanurag

Pavel P

Hello everyone! We’re back with our second AMA for today!

Let us welcome our guests here!

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club, guys!

Pavel P

A few minutes of patience before we start

Lila Benhammou

Hello all, thanks for having us

Pavel P

Nice to see you here, in Satoshi Club!

Gold Rocket | Satoshi Club

Nice to e-meet you

Pavel P

How are you doing today?

Anurag Yadav

Hiya! Pleasure to be here. Thanks for having us.

Gold Rocket | Satoshi Club

Welcome to Satoshi club

Pavel P

Great! Welcome too!

Gold Rocket | Satoshi Club

Let’s start with the introduction to warm up.

Anurag Yadav

Thanks so much!

Gold Rocket | Satoshi Club

Let’s start! Introduce yourself please. How did you get to be involved in crypto & Trust Recruit

Lila Benhammou

Sure,

I am Lila the CEO of Trustrecruit, I’ve been in the business for 20 years working for big companies before deciding to create my own. I am passionated by people and technology and have a strong background in AI/ML. I did my EMBA in KELLOGG Northwestern in Chicago and get back to Paris where I live since 2015, I decide to jump into new services that makes sense to people and naturally come to meet Anurag who is a guru in blockchain to create Trustrecruit together with a strong focus on creating values to Jobseekers/freelancers and employers thanks to Blockchain, AI and DeFi.

Gold Rocket | Satoshi Club

Wow! Great background

Pavel P

C’est formidable, Lila! Great experience!

Anurag Yadav

My name is Anurag, and I’m the Chief Business Development Officer (CBDO) for TrustRecruit. In this role, I look after fundraising, strategic partnerships, growth, and marketing.

I’m also the Co-Founder & CEO of PrimaFelicitas, a Bleeding-edge end-to-end Blockchain Technology Solutions Development Company that is based in San Francisco, London, and New Delhi. The company started in 2013 and since 2016 we have been building Blockchain-based products only. To date, we have created most products people associate with Blockchain – Exchanges (Centralized & Decentralized), Wallets, Payment Gateways, Insurance-on-Blockchain, Supply Chain-on-Blockchain, Healthcare-on-Blockchain. The last 15-16 months have been, quite understandably, spent on developing several DeFi and NFT projects. And, out of that labour of love, TrustRecruit was born.

Over the years, I have been a part of the development of several Blockchain projects. Not only development, but I have also led projects post-development when they started doing business such as heading a Crypto Exchange, after having developed and launched it. I sit on the Advisory Boards of several Blockchain companies and have enabled them in going Public. I consult on implementing emerging technologies such as AI, Blockchain, IoT, and am a regular Keynote speaker at Global Technology Conferences.

Overall, I have 20 years of experience and have led Global Organizations. I hold an Engineering degree from the Indian Institute of Technology (IIT) and a Master’s in Business from Stanford University (GSB).

On the topic of how I got involved with Crypto, well before 2015, Bitcoin and Blockchain were the same things to me. I was in San Francisco in 2015, and at that time, I kept hearing Blockchain ad nauseam. After three weeks of listening to the word Blockchain and appearing dumb, I was just fed up and decided to find out for myself what Blockchain was. So, I set aside one evening to read about you. That evening was rather too long – a 3-month long rabbit hole. Post the 3-month deep-dive, I was ready to plunge into the world of Blockchain. I restructured my company, set up a solid team (the core of which nearly 90% are still with me), and began seeking clients looking for Blockchain development. I feel lucky to have stumbled upon Blockchain and started early. I am truly fortunate that I got the opportunity to build some cutting-edge products in this nascent space and create a niche for ourselves.

Pavel P

Wow! That’s spectacular!

Gold Rocket | Satoshi Club

This is really impressive

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of Trust Recruit

Anurag Yadav

At this time, it is good to also point out who the core team behind TrustRecruit is. So, I list some of the key team members.

Priti is our CTO (she is also the CTO of PrimaFelicitas – the Blockchain solutions development company). Priti has a rich experience of 25 years in Enterprise Application development, integrating, launching, scaling. Most of her core work has been in the Financial Sector and Capital Markets. As employee #8 at CRMNext, Priti was instrumental in setting up and launching complex solutions at key banks, financial institutions, telecom providers etc. Over the years at PrimaFelicitas as its CTO, Priti has built many Blockchain-based products across various sectors. Key among them is the Financial industry (Exchanges, DeFi & hybrid, etc.), Supply Chain, Healthcare, Insurance – to name a few.

 Kaarel is our Board Member and has been in the Crypto space for a while. He sits on the boards of several Blockchain/Crypto companies, including Exchanges.

 We have a stellar group of advisors and are backed by several key advisors. Some of the key strategic advisors include Garlam Won (ex-Head of Marketing at Harmony.one) and Hristo Piyankov (a key Crypto industry Financial Analyst and the person behind several highly successful Blockchain projects).

 Besides this, we have several vital advisors who provide solid direction and guidance to TrustRecruit

 The above, of course, excludes the development team, marketing team, and the rest of our staff.

Anurag Yadav

sure.

Think of TrustRecruit as indeed.com on the Blockchain where job seeker’s verified resumes are stored on the Blockchain (and thus can be relied upon for their veracity), and where the Proprietary Matching Algorithm matches only the best-fit job seekers to suitable job openings, much in the similar way as people get matched on Tinder (though not how the – Tinder Swindler ‘Simon Leviev’ was getting matched!!

On average, an employer spends 45 days and ~$4200 to fill a job, yet 46% of the new hires are asked to leave within 18 months of onboarding which costs employers ~200% of annual pay. Apart from losing candidates and suffering associated financial losses, employers face a lack of transparency in the applications. According to a leading survey, many jobseekers put up fake data on their resume, ~78% of job seekers exaggerate their skills to varying degrees, and ~38% blatantly lie about their backgrounds. With LinkedIn, this problem is further exacerbated as jobseekers embellish their details without any checks.

Job seekers have their own struggles. They are forced to compete with thousands of other applicants in an attempt to shine in the crowd. ~75% of resumes are rejected before they reach the hiring manager, 45% of job seekers never hear back from potential employers and many are subjected to multiple interview rounds resulting in dropouts in between the recruitment process.

TrustRecruit solves the problem of this two-sided network. Job seekers can get their resumes verified and then stored on the Blockchain indelibly. While employers can get matched to the most relevant 5-6 completely-matched resumes instead of 400-500 sub-optimal and mismatched resumes that often land in their inboxes for each opening.

The vision is honestly to teardown the old recruitment industry, and reimagine and build it for the new web3 world that we’re headed into, where we control our professional data and have it monetized as desired. Think of us as the Axie Infinity of the Recruitment Industry where people get paid to place their resumes on our platform.

Gold Rocket | Satoshi Club

This is truly a dream team!

Anurag Yadav

thanks. yes, indeed. Our biggest strength is our team.

Pavel P

Important goals are set ahead!

Gold Rocket | Satoshi Club

Btw I admire  harmony blockchain… it’s so elegant

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Anurag Yadav

thanks, yes. it is indeed elegant. Considering that we have already got the platform ready and Live

Anurag Yadav

yes please!

Pavel P

Q1 from Telegram User @surendra040

I read that on your private sale round TRT tokens is of 62.5% discount. How can a new investor join your private sale? Are there any minimum investments required and other requirements ?Do you have also any referral programmes and bonuses on buying?

Gold Rocket | Satoshi Club

You know how to choose really valuable things

Anurag Yadav

sure.

Anurag Yadav

To join the Token Sale, simply log in at the below link, complete your KYC and begin with your purchase.

https://crowdsale.trustrecruit.io/

The Fundraising Target is $10.1m with a Soft Cap of $2m. The Token Sales is split into 3 rounds of roughly 30 days. Each round has the prices increase with the differential between the Private and Public Token price being 62.5%.

That said, we wanted the benefits of acquiring our Tokens early to go to all and not just big investors and therefore we decided to Market our Private Round as well and get retail investors. And, accordingly, we have kept the entry barrier very low at just $100.

Of course, when one invests more they can earn up to 16% additional Tokens in Referrals and Bonuses – the details of which are on our website.

Within this short duration, we have already collected a little over $600k with another 25 days remaining. So, we’re very happy with our progress.

Pavel P

Are you still in the first round, so that the investors could benefit from the best price?

Gold Rocket | Satoshi Club

Сould you tell us please about your tokenomics btw

Anurag Yadav

Yes. People are still early as we have 25 days left before closure

Absolutely.

Pavel P

Satoshiclubbers, do not waste time! It’s still a great opportunity to become a part of Trust Recruit with the best price!

Anurag Yadav

We’re building a Deflationary Token Economy, which includes buyback and burning to support the overall token growth with time. The Price increase benefits of all such moves will accrue to the Long-term Token holders. One of our main objectives is to limit and reduce the Token Supply long-term. Towards that, we’ve planned to take several steps. Chief among them is to use 10% of our Quarterly Profits to Buy-back and then burn tokens. This process will go on until the Total Circulating Supply comes down from 10 billion to 5 billion Tokens, effectively halving the supply.

Out of the total token supply of 10 billion, we are selling 3.2 billion in this crowdfunding campaign. The Token Sale is happening in 3 rounds Private, Pre-Sale, and Public rounds, with increasing prices in the same order.

The remaining tokens are dedicated to the project with the majority being towards development, marketing, community building. All unsold Tokens during this Token Sales Campaign would be burned at the end of the campaign. The team & developers’ token allocation are locked in a smart contract over a long vesting period with a small proportion being released as per the schedule in the smart contract.

Gold Rocket | Satoshi Club

Thanks for sharing

Gold Rocket | Satoshi Club

Can we proceed. Or you want to add something?

Pavel P

Seems like all the details are taken into consideration

Anurag Yadav

let me add one small bit to this

Gold Rocket | Satoshi Club

Of course

Anurag Yadav

First of all, we have been building the platform for well over a year now. We launched the platform about 2 months ago. We ran a successful bug bounty campaign. We are now focused on expanding our user base, by acquiring more users and employers.

People can sign up and play around with the platform here.

https://app.trustrecruit.io/myCommon/register

So, as much as this campaign is about raising funds to continue with the remaining of the development. It is also about raising awareness, bringing in actual users, and growing the community.

So, I would encourage people to ask their friends and family as a lot of them would be employed or be providing employment to review an alternate platform and an alternate vision of the Recruitment industry that we are aiming to set. And, our deep commitment to the vision, our year-long time, efforts and personal funds investment, and our long-locked Tokens are all aimed towards building a long-term sustainable organization that delivers on the value and create a contemporary industry standard. I know a very ambitious task, but, we are up for it.

Gold Rocket | Satoshi Club

you are incredibly ambitious guys

Gold Rocket | Satoshi Club

Thanks a lot for the great explanations. Ready for the next question?

Anurag Yadav

yes..

Pavel P

Let’s see the second question now

Pavel P

Q2 from Telegram User @JesusFre1tes

Nearly 80% of all job openings are not posted online, as companies rely more on word of mouth and internal recommendations than on external recruitment. How will Trust Recruit break this paradigm and establish a reliable reputation-based system that will allow companies to use its system as an easier method of recruiting qualified personnel?

Anurag Yadav

Alright, so before I explain how we envision to break into this. I do want to explain what’s really at the heart of this issue and why people really resort to the safety of referrals than trying to find good candidates from a larger talent pool.

And, don’t get me wrong referrals are absolutely wonderful. I use them to hire in my own company, have been doing that for nearly 8 years now. That being said, there are times when you really need fresh thinking and a fresh approach and you need to have a wider talent pool to use for filling critical roles.

Pavel P

Most of the companies even encourage referrals through additional bonuses. So, this is something that also needs to be taken into consideration and set on Trust Recruit side

Gold Rocket | Satoshi Club

I worked as a recruiter a few years ago and I preferred to have a talent pool. The personnel reserve and the interchangeability of personnel is a success for the team.

Gold Rocket | Satoshi Club

Can you visually demonstrate how it works?

Anurag Yadav

TrustRecruit is aiming to dis-intermediate the current recruitment ecosystem that is highly unreliable, fragmented, inefficient, and expensive. To achieve this objective, TrustRecruit has built the world’s first AI-enabled Fully-Verified, Certified Resume NFT Marketplace. The application of AI and Blockchain to recruitment is unique

As I explained earlier, the recruitment industry has many intermediaries and is costly to function and still leads to undesirable results of poor hiring where the employees have to often let go. We’re trying to address these problems through our platform. Reduce the cost, time of hiring, and improve the recruitment process and the quality of hires

Job seekers come to the platform, create their profiles, and submit all their professional details. These details are first verified. Once verified and approved the ability to submit this information to the Blockchain and mint an NFT corresponding to the submission is enabled. Post minting the NFT people can even fractionalize their NFTs. The NFT owner can decide to list the NFT on the Resume NFT Marketplace where it can be viewed, bought, and sold

The listed NFTs are directly matched against the submitted job descriptions using our Proprietary AI Matching Algorithm. Job seekers see relevant matches and can choose to answer a few questions and then get shortlisted for interviews. Likewise, employers too can see matching job seekers’ Resume NFT and can request them for interviews

The minted NFT can be Fractionalized. These NFTs can then be listed, bought and sold on the Resume NFT Marketplace. Recruiters can buy fractions of the NFT to gain exclusive access to the Resumes of some of the high-quality candidates.

Each viewing of the listed NFT earns Native Token (TRT) rewards for the NFT owner. Companies and Recruiters pay a subscription fee to view the NFT, whereas the NFT owner gets paid for each view. Recruiters can even buy fractions of the NFT to gain exclusive access to the Resumes of some of the high-quality candidates.

The entire ecosystem has been designed in a way to create a strong incentive for job seekers to continuously update their Resume NFT with each new professional accomplishment and have it listed for viewing on the NFT Marketplace since each viewing earns them rewards even if they don’t get hired.

Furthermore, job seekers can add to their verified NFTs, verified Video Resumes, Video Tests, Skill Tests, and so much more, making them very attractive for hiring.

TrustRecruit’s proprietary AI Matching Algorithm enables the highest quality matching of the best-fit job seekers to the jobs. These are the candidates the companies would like to directly schedule the interviews with, instead of spending time assessing and screening them. It’s a win-win for both the recruiters and jobseekers.

TrustRecruit eliminates all false information from resumes, thereby paving the way for storing authentic professional footprints digitally that can be relied upon to recruit candidates without the need for any further verification, thus drastically reducing the hiring costs and time and significantly improving the quality of hires. The combination of the above-listed features and the application of the intersection of Blockchain and AI to recruitment is unique.

We strongly believe that when we offer these incentives to job seekers and to employees they are more than likely to use TrustRecruit for hiring than for all other alternate options. Because it truly eliminates the inherent friction, reduces the time, cost, and efforts to hire.   That’s our side of thinking which seems to resonate a lot with all our early Partners. We have the top 3 Recruitment Firms from France as our early partners and we are adding more and they all seem to really like what we do. However, besides our own side of thinking, we are also focused on doing grassroots level marketing and getting people onboarded. As I said, either people are employed or offer employment to others, there’s hardly a professional who wouldn’t be doing either, so our target audience is mass

Pavel P

Thank you for this complete answer!

Anurag Yadav

Yes, and would certainly love to talk to you separately and ask for your thoughts after you have tested the platform. Of course, will offer you some TRT Tokens for your efforts.

Gold Rocket | Satoshi Club

Great answers

Pavel P

Let’s proceed to the next question

Pavel P

Q3 from Telegram User @chinyere2020

I learnt that the Trust Recruit Token ($TRT) will have 3 different sale stages, one of which is the Private round which is ongoing at the moment. Can you give more information about this Private round and how interested users can participate? Can any interested user participate in this Private round or can only selected investors be eligible to participate? At what price is $TRT sold for during this Private round and what is the hard cap of this round? Can you also give an idea of when the other $TRT sale rounds will take place?

Anurag Yadav

sure. some parts of the answer, I have covered previously. Let me address them here once more.

People can participate by going to the below link:

https://crowdsale.trustrecruit.io/

The private round obviously is geared towards the early bigger investors, however, our Tokenomics Head at the final review suggested that we also allow smaller investors to benefit, as most projects let bigger investors benefit from early investing, and we could be different and let retail investors benefit.

In line with that, we changed the entry and bought it down to $100. So, now anyone can buy the Token at a price of $0.0025 with a minimum investment of $100.

Of course, if you invest more you stand to earn an additional 16% more tokens via referrals and commissions.

The Stage Cap is $3m and we end in 25 days, and in a short period, we have already collected $600k.

Gold Rocket | Satoshi Club

sounds good enough

Gold Rocket | Satoshi Club

And I love that you took care of the small investors.

Thanks for the clean answer! Ready to move on to the next question?

Anurag Yadav

thanks. yes, please

Pavel P

Q4 from Telegram User @Anne_Tim

One of the first things that attracted my attention is the fact that Trust Recruit turns people’s resumes into unique NFTs. The minted NFTs are available on your Marketplace for employers and recruiters to buy and trade for fees. As we know once bought, NFTs provide exclusive rights of ownership. How does it work here, with people’s CVs? What if any candidate does not allow a particular employer own personal resume? Are the candidates able to set access preferences to CVs on your Marketplace? Thank you!

Anurag Yadav

Good question!

So, as I explained above the resume is owned by the people themselves (no employer or recruiter owns any resume) and they get monetary benefits every time their resume is viewed.

TrustRecruit is a platform, simply to create this 2-sided network of job seekers and employers, and let them come together in a decentralized way. But, the control of the data and who sees the NFT is all with the job seekers.

The candidates have the ability to set access permissions, they can even have their NFT becomes totally invisible and undiscoverable by the Marketplace. So, all these controls are with the Job seekers, the owner of the NFT

Pavel P

Can the users see which companies viewed their CVs?

Anurag Yadav

YEs

Gold Rocket | Satoshi Club

it’s a great system

Anurag Yadav

Not just which company, but also who viewed and how many times, so all the details can be viewed by the job seekers. Giving them control over the process

Pavel P

Great!

Thank you for the explanation!

Ready to proceed to the next question?

Anurag Yadav

Pleasure!!

Anurag Yadav

yes please

Pavel P

Q5 from Telegram User @ysasoma

I read on Twitter that Trust Recruit accepts payments in different currencies including its $TRT token, so, knowing this, I would like to ask you, what are the main functions that the $TRT token would have, currently, most investors only care about profits through short-term but, could you also tell us, what would be the long-term benefits of keeping the $TRT token in our wallets, and finally tell us, how do you plan to prevent $TRT from losing value over time, what is the importance, that Trust Recruit give this topic? do you plan to burn tokens to avoid such problem or use another strategy to minimize this risk?

Anurag Yadav

The TRT Token is the primary way to get access to most of the core services on the platform. These services include being able to mint NFTs, fractionalize NFTs, buy & sell NFTs. It costs a subscription fee to view Resume NFTs. If the Fee is paid in the Native TRT Token then the cost of this is substantially lower than in Fiat.

At the time of launch Staking of the native TRT Token will be enabled on the Platform, thereby adding another avenue to benefit from the token. The Staking pools will be formed for 3-month long durations. We’ve some really handsome Staking rewards lined up.

We will be using 10% of our Quarterly Profits to Buy-back and then burn tokens. This process will go on until the Total Circulating Supply comes down from 10 billion to 5 billion Tokens.

Furthermore, since the TRT value is intrinsically linked to the value of the Resume NFTs in collective on the Platform, so as people work and accrue experiences and grow professionally each year, so does the value of the NFT. And, with this growth also comes the growth in the value of the Native TRT Token. So, holding TRT Tokens long-term is a good way to see appreciation in value, since the value of a person professionally and their associated NFT is bound to rise with time and experience.

Gold Rocket | Satoshi Club

These are related things.

Pavel P

So much usecases of TRT token! Just left to remind one more time that now is the best time to buy it, once the price is the most attractive on the presale

Ready to see the last question of this part of our AMA?

Anurag Yadav

sure

Pavel P

Q6 from Telegram User @Rozielyna

Trust Recruit recently announced its New Ambassador Program for those who want to spread the word about Its Ecosystem opportunities across their own international communities and profiles. I also learned that there are 3 categories of the ambassadors : Content Creators, Shilling Ambassadors and Community ChatterBox. Can you please share more details about the Ambassadors Program? What are the Roles of the Various categories and what are the rules for users to be able to be one of the ambassadors in this categories? How can I apply to become an ambassador? What are the incentives / benefits attached to being an ambassadors on Trust Recruit?

Anurag Yadav

This is really a wonderful question. thank you so much for asking.

Anurag Yadav

Well, we are beyond excited to welcome passionate community members as our Brand Ambassadors.

The Ambassador program is open for those who want to spread the word about our Ecosystem opportunities across their own international communities and profiles.

Depending on the interest people can choose between the 3 roles we offer.

Categories include:

▫️Content creators

▫️Shilling Ambassadors

▫️Community Chatterbox

  Full Details here: https://medium.com/@trustrecruit2022/trustrecruit-ambassador-program-329e74a0a32f

———————————————-

▫️Find Us Here:

 Telegram Community Group: https://t.me/TrustRecruit

 Telegram Announcement Channel: https://t.me/TrustRecruitAnn

 Reddit: https://www.reddit.com/user/TrustRecruit

 Twitter: https://twitter.com/trust_recruit

 Facebook: https://www.facebook.com/TrustRecruit-109869988206407

 LinkedIn: https://www.linkedin.com/company/trustrecruit/

 Website: https://www.trustrecruit.io

Whitepaper: https://trustrecruit.io/assets/images/pdf/TrustRecruit.pdf

 Medium: https://medium.com/@trustrecruit2022

Gold Rocket | Satoshi Club

Thanks for sharing

Pavel P

Some more links for our community to save!

Thank you for these great answers during the 1st part of our AMA!

Anurag Yadav

Thanks so much!

Pavel P

Now, we are ready to proceed to LIVE questions from our community!

The storm is almost here!

Gold Rocket | Satoshi Club

Thank you so much for this great first part of the AMA! you are a great speaker!

Pavel P

We will open chat for 120 seconds, once we close it back – please choose 10 questions to answer

Please do not answer questions during thу storm

Anurag Yadav

sure

Pavel P

Are you ready?

Let’s GO!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @krish_crypto22

Currently you are doing your private sale on your website,what is the minimum investment we can invest in your private sale and when are you going to do your Public sell?

Lila Benhammou

1) Small investors – $100 (min ticket size) 2) Invest $1000 – and get 5% Referral Bonus (what’s more – the referred person also get 1%) 3) Invest $2001 and beyond (depends on different slabs) and get up to 10% additional bonus So, in essence, you stand to earn up to 16% over and above your investments, making this all-inclusive and open to all sizes of investments.

Q2 from Telegram user @vector_190

I was going through your website and I found trustRecruit is very unique project,it converts our Resume in NFT and upload it on their Pool for the Recruitment,Do you think Currently you have any Competitor in this field?

Anurag Yadav

Well, at the risk of sounding either ignorant or boastful, let me state that we are the one of a kind in this space who have built a product for the Recruitment industry at the intersection of Blockchain (NFT) and AI, along with DeFi.Of course, we have competition, but only to different parts of our business from the Traditional players – online job portals such as indeed.com, LinkedIn, etc. However, we do not have a single player today who competes with us comprehensively across all parts of the business – the features and attributes that we combine.

Q3 from Telegram user @GLIMPSE02

Can I get an Employment in the Trust Recruit Platform, Have You Recently launched any HIRING or Recruitment program , Please tell me ?

Anurag Yadav

We have 5k user base and we are inviting people to join the platform. Please sign up and play and join the platform

https://app.trustrecruit.io/myCommon/register

Q4 from Telegram user @leixagarcia

You mention that companies and recruiters pay a subscription fee to view the NFT, while the owner of the NFT gets paid for each viewing. How much would this fee cost? The payment the NFT owners receive per view will be a percentage of this subscription fee? Can this fee be paid only with $TRT or can we also use Fiat?

Anurag Yadav

Its through both. but, if paid in Fiat it is expensive and when paid in TRT it is discounted

Q5 from Telegram user @curiosoAMA

You mention that $TRT token staking will be enabled at launch, can you tell us what are the incentives for staking $TRT? How will it benefit your users? What will be the reward lock-in period?

Anurag Yadav

We will be offering a very handsome reward to those who Stake their TRT. The Staking Pool will be live for 3 months with the option to join the new pool.

Q6 from Telegram user @atharv_989

I noticed about GDPR are on your whitepaper, how GDPR will help to protect data of users on your platform?

Anurag Yadav

The Data is always in the custody and control of the User / job seeker. So, they control how it is saved, who views it and when they want to obfuscate it.

Q7 from Telegram user @burshanggal

What factors go into determining the worth of a resume? What factors are considered when determining the worth of a resume? Is the money transferred in full to the owner of the resume when an employer pays for it, or do they have to pay commissions? What is the procedure for data verification?

Anurag Yadav

Nearly the entirety of the viewing fees goes to the NFT owner, only a small portion goes to the platform for supporting the platform.

Verification happens via a number of means. We are partnering with several key academic institutions, certifying bodies and applying encrypted Zero-Knowledge API calls to the Databases of these institutions to verify the core information. Whereas such as approach won’t be possible, we will have a Team of Assessors to review and Certify. And, due to this the initial business model our idea is to have the IT Industry job seekers and employers onboarded first followed by other industries

Q8 from Telegram user @Wish111

I want to know that will only the native token holders be able to get K
Resume NFTs and will one be able to stake these NFT’S?

Anurag Yadav

People will be able to mint their Resume NFT only when they hold TRT in their wallets. Yes, people will be able to Stake their NFT. In fact, the current feature that’s live to be able to Fractionalize the NFT is partly Staking of the NFT. Where the Resume NFT is locked and the corresponding TRT are issued.

Part 3 – Quiz Results

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

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

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

Our partners:
 Telegram Community Group: https://t.me/TrustRecruit
 Medium:https://medium.com/@trustrecruit2022
Website: https://www.trustrecruit.io
 Twitter: https://twitter.com/trust_recruit

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 Token || Traxx and our guest was . The AMA took place on the 9th of March.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Jonah 🏅🎹 | Satoshi Club

Hello Dear Satoshi Clubbers welcome to our AMA session with Token || Traxx

Our Guests today are @tommydanvers @brianelders @pptaylor @henryclay

Hello welcome to Satoshi club

Robocop | Satoshi Club

Hello Satoshi Club community !

We are pleased to announce today AMA with Token || Traxx

Jonah 🏅🎹 | Satoshi Club

Hello Guys welcome

Brian Elders

Hello

TommyD 🙂

hello!!

Robocop | Satoshi Club

Hello welcome to Satoshi Club @tommydanvers @brianelders

Brian Elders

Deligted to be here

Jonah 🏅🎹 | Satoshi Club

How are you all doing today?

TommyD 🙂

really good

Brian Elders

mighty

TommyD 🙂

mad busy

so many people want this token!!

fielding so many

Jonah 🏅🎹 | Satoshi Club

I can see that there is a lot of Excitement in the air already

Robocop | Satoshi Club

Cant wait to do AMA with Token || Traxx today

Jonah 🏅🎹 | Satoshi Club

Let’s start our AMA

TommyD 🙂

yeah thank you for having us

Jonah 🏅🎹 | Satoshi Club

Can you please introduce yourselves to us, how you got into crypto and how the project Token || Traxx started?

Brian Elders

I am Brian, one of the cofounders

I to be in banking with a legal, finance and mathematics background and then discovered crypto

I am super interested in how crypto / tokenisation etc will change the world

I have Sors Digital Assets (an Irish VASP) a custodian called Fortuna am a parnter in a digitial securities firm called Black Manta & am on some governance boards etc in addition to TT

Never a dull day

TommyD 🙂

I’m TommyD

I’m an award winning Music Producer, Songwriter, Artist, DJ,

TV Presenter, Public Speaker and founder and creator of Token||Traxx

Brian Elders

Tommy is more exciting than myself

Jonah 🏅🎹 | Satoshi Club

Impressive

Robocop | Satoshi Club

Perfect ! both of you have a great background and experience

TommyD 🙂

I’ve spent all my life mixing, mixing genres, mixing tunes, mixing whisky.

Got into crypto in 2016

Absolutely love the space and the community

Change is needed and change is coming

And blockchain will be at the heart

I’ve worked with everyone from Kanye to Kylie and sold over 60 million units and had over 4 billion streams!

So I know music creators like i know something i know REALLY WELL

Jonah 🏅🎹 | Satoshi Club

Very Impressive

TommyD 🙂

Kylie!!!

Love the girl

Robocop | Satoshi Club

and also can you please introduce to us what is Token||Traxx ?

TommyD 🙂

Token||Traxx is a music discovery, sharing and trading marketplace.

but the wider the concept is to look at every aspect of music engagement and how we can innovate it with blockchain

I have been a professional music Creative for 30 years

I’ve been signed to major labels and publishers, worked with big and small artists and sold and streamed billions along the way.

I’ve seen the pitfalls, the traps and the sharks but I’ve also seen the incredible power and beauty of music and how it can transform lives.

TommyD 🙂

It’s always a slog and it never gets easier but with the right tools everyone gets a chance and with NFT and blockchain I see the opportunities

That’s why 18 months ago I devised the concept of Token||Traxx and diligently and methodically building our team ever since.

Robocop | Satoshi Club

 Wow, you have great connection with famous musician ! that’s really awesome

Jonah 🏅🎹 | Satoshi Club

At the moment how many people do you have working on this project?

TommyD 🙂

we’re a team of 36

Brian Elders

You are chatting to a famous musician in Tommy!!!

TommyD 🙂

really amazing cross section

I always say if you want to look like a genous sorround yourself with genius’

Brian Elders

the team is what makes us stand out from the crowd

TommyD 🙂

haha!

I just make music

And tech

And whisky

Robocop | Satoshi Club

i’ll be remember this day

Brian Elders

Miles Leonard  for instance

Miles is a top British music industry executive ex Chairman of Parlophone & Warner Bros. Records UK,

He previously worked for Virgin Records, EMI Records etc

Jonah 🏅🎹 | Satoshi Club

So does this mean I’m a Genius to have Hosted a Genius here today

Brian Elders

He is our music industry heavyweight

or Jure Zih … who has been involved in NFT’s since I can remember back in 2017

Jonah 🏅🎹 | Satoshi Club

You have very impressive sets of connections and people working with you

Brian Elders

for sure

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

Robocop | Satoshi Club

Thank you for the great intro !

Jonah 🏅🎹 | Satoshi Club

We will like to proceed to community questions now, are you ready?

Brian Elders

We could keep going! there are so many great people

But yes lets go on as you wish

Robocop | Satoshi Club

let’s continue to part 1 with 6 question from our community

Robocop | Satoshi Club

Q1 from Telegram user @thisistoyin

Greetings TRAXX Team

I understand that your projects Aims to Merge the Blockchain Tech and the Contemporary Centralized Music Industry, with that in mind, i would really like to know the Forms and Types of Strategies you’ve adopted to futher Bring or Attract the Large Numbers of Untapped Music Listeners and Also Artist to your Ecosystem, how user friendly is your Tech? Is there an easy guide to which New Crypto Users can easily relate to? What are the Major benefits being a User of your Technology? Furthermore i would like to know if you also have Any Form of Artist Management Or An Educative platform to which Young and upcoming artists could be able to better their skills and futher understand Defi. Thank you

TommyD 🙂

The Token||Traxx goal is to bring new users into crypto

At the moment the NFT scene is quite circular with everyone buying each other’s NFT projects

The key to onboarding is to first provide a super easy platform to discover, share and trade NFT’s

But then the education and ultimately success

That’s essential for easing people into this space in a way that’s respectful and not condescending

Miles, myself and our wider talent onboard team know artists, we know how to talk to them and get the best out of them

TommyD 🙂

We work on campaigns, 6 – 12 months

its about understanding and planning an artists web3 strategy

Most don’t understand so we hand hold them through the process. It’s essential to look at what they have to offer fans and NFT collectors and then work a campaign around that

Essential is community

How will your NFT transform peoples lives as well as your own?

We’re doing all kinds of mad drops as well but you’ll only find out about them if you’re on the Token||Traxx guestlist at www.tokentraxx.com

We are working with some BIG names so lots coming u[

up even

Robocop | Satoshi Club

By the way, do your NFT marketplace already active ?

Brian Elders

And maybe buy a few TRAXX!!!

It can be tested, and is being tested

TommyD 🙂

Coming VERY soon

Brian Elders

but not released for public yet

Jonah 🏅🎹 | Satoshi Club

Is there any requirement to join the guest list?

Robocop | Satoshi Club

can’t wait to check them, and can you please share the roadmap to us? so we can know new update from Token||Traxx

Paul Taylor

https://tokentraxx.com/explore#roadmap

We are planning the the beta site launch for March 21 , with the full site on May 14

We will be running a series of NFT drops from March 21

Jonah 🏅🎹 | Satoshi Club

Exciting

Thank you for your Answers

Ready for the next question now?

Robocop | Satoshi Club

Thank you for sharing this

Paul Taylor

happy to !!

Robocop | Satoshi Club

Q2 from Telegram user @Josegamboac

Token||Traxx has a vision to bring fresh innovation to reward people’s creativity fairly. their goal is to forge a whole new way of creating, curating and collecting music through NFTs, enabling true creative freedom in music, something they call Music 3.0. What is the real concept of music 3.0 according to Token Traxx? What is the innovation of this model? What are the rewards that creators, artists and fans receive through Token Traxx?

TommyD 🙂

Great question!

Music 1.0 – Listen

Music 2.0 – Listen + Share

Music 3.0 – Listen + Share + Own

We’re looking at two sectors in music

First is to build a new system based around direct artist to fan engagement, utilizing a membership scheme and NFT drops

This is essential to the education and onboarding I mentioned earlier

He second is to work with the legacy industry

95% of all top 10 singles have been on one of 3 major labels then those relationships need to be addressed

Miles and I have worked with the majors all our lives. We know them we speak their language

Paul Taylor

sure I can help with the rewards

Token Traxx is a memberships economy

Paul Taylor

Want discounted gig tickets – you got it -TT is collaborating with promoters to deliver

Want your favourite unsigned artists on the platform – you got it – TT holders will be able to submit artists proposals and vote on the weekly feature

Want access to lifetime festival passes? – you got it – TT holders will get first access to these drops

Want lifetime club membership? – you got it – TT holders will get first access to these drops

Want limited edition merch? you got it – TT holders will get first access to these drops

Want fan experience packages – you got it – TT holders will get first access to these drops

Want free mentoring sessions with TT creators? you got it -TT holders can apply for these sessions

Paul Taylor

Want an annual awards event? – you got it -TT holders can vote in and attend the annual TT academy awards

Want access to exclusive TT club nights – you got it – TT holders and VIP guaranteed

Want to profit from supporting your favourite artists? – you goat it -TT is working with selected partners to provide staking opportunities

Want to champion a sound? -you got it TT holders can vote on a monthly TT platform focus -say Asian fusion or afrobeat

Jonah 🏅🎹 | Satoshi Club

So many benefits

Brian Elders

thats just the start

Paul Taylor

Want to champion a sound? -you got it TT holders can vote on a monthly TT platform focus -say Asian fusion or afrobeat

Want to hear innovative new music? – you got it – TT holders will be able to access the VIP choon room curated by the TT Team

Want to earn for Curating a playlist? -you got it – Each month a TT holder will be invited to Curate and post a playlist and earn from this

Robocop | Satoshi Club

there are so many reward

TommyD 🙂

Yeah a token is essential to creating a great rewards system for music

Paul Taylor

I could go on

TommyD 🙂

Artists create their own communities anyway

Paul Taylor

The creators get to develop a fantastic new relationship with fans

TommyD 🙂

Its totally natural to them]

Robocop | Satoshi Club

Thank you for the detail answer !

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Paul Taylor

hope that gives you a flavour of what we will achieve

Jonah 🏅🎹 | Satoshi Club

Yes it does Let’s proceed to the next question now @Pratze

Robocop | Satoshi Club

Let us continue to next question

Robocop | Satoshi Club

Q3 from Telegram user @Ask4unik

It is intended that Token||Traxx will be transformational in the music space that empowers the community to own a stake in the future of music. Does TOKEN TRAXX have any maped out staking program where holders of TRAXX TOKENs can stake ? What’s the minimum or maximum amount of TRAXX TOKENs to be staked? Are there different types of staking pool that Users can select from? Holding TRAXX tokens will deliver a wide range of functional benefits.Can you be tell us some of the used cases of TRAXX TOKENs?What are the functional benefits of holding TRAXX TOKENs?

Paul Taylor

We do indeed. We will announce our staking protocols in our media groups a couple of days before the TGE on March 14th – but rest assured…..

The rewards and benefits will be mega !!

TommyD 🙂

🤘 Launch guestlist:  www.tokentraxx.com

💬 Telegram chat: https://t.me/TokenTraxx

📣 Telegram News: https://t.me/TokenTraxxNews

🗣 Twitter: www.twitter.com/Token_Traxx

🎶 Discord: https://discord.gg/gz26euhJ

✍️ Medium: https://tokentraxx.medium.com/

Paul Taylor

Holding Traxx tokens will get members access to the rewards mentioned earlier + can pay transaction fees for NFTs

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing this

Paul Taylor

have a look at the gitbook

Brian Elders

https://docs.tokentraxx.com/

Robocop | Satoshi Club

Do you have a link or article about how to join the TGE on March 14th ?

Brian Elders

Lets share some links

But the process is KYC – get whitelisted – buy

Paul Taylor

https://tokentraxx.medium.com/our-tge-is-taking-place-on-march-14th-heres-how-to-use-the-sorted-dealroom-and-secure-a-bag-of-4f36cacdd64d

Jonah 🏅🎹 | Satoshi Club

Thanks for sharing

Brian Elders

https://tokentraxx.com/tokensale/

Jonah 🏅🎹 | Satoshi Club

I am clear on this now

Robocop | Satoshi Club

Don’t miss this opportunity Satoshi Clubber ! Join now !

Brian Elders

Don’t be surpised by Sors … it is my company and it is doing the KYC for TT

Jonah 🏅🎹 | Satoshi Club

Thank you for your Superb answers

Ready to proceed to the next question?

Robocop | Satoshi Club

Thank you for the clear answer !do you want to add something or we can go to next question?

Paul Taylor

yes please

Robocop | Satoshi Club

Q4 From Telegram User @iceVermithraxx

Focusing on the Three main driving forces of TokenTraxx Platform which are the Creators, Curators and colectors. TokenTraxx provides a powerful opportunity for Creators to engage on every level with fans in unprecedented ways using NFT technology, whilst simultaneously creating a whole new income stream. Can you briefly explain on creators, curators and collectors and functions of each in TokenTraxx Platform? How can I register to become a creators, curators or collectors in TokenTraxx? Will music right, Royalties and Revenues be supported for Creators in Token||Traxx? How can Curators earn from their Ability to spot untapped potential and bulid their own playlist?

Brian Elders

How can I register to become a creators, curators or collectors in TokenTraxx?

https://tokentraxx.com/#guestlist

TommyD 🙂

Token||Traxx is designed to support the symbiotic relationship between three tightly defined groups within the music community

These are music’s Creators, Curators and Collectors

The interaction between them forms how we discover, engage, share and fall in love with music.

Creators – Create music – musicians, producers, songwriters, etc. Creators need support to be able to keep creating.

Curators – Find, filter and elevate music – DJ’s, A&R, Influencers, social media tastemakers, etc.

Jonah 🏅🎹 | Satoshi Club

I Just did now

TommyD 🙂

Curators make it easier for the wider community to define quality and excellence.

They need to be rewarded for the effort they make

Collectors – Collect music, sometimes specific genres, artists, or rare versions

They need to be empowered with the ability to find potentially valuable hidden gems

It doesnt matter what level you are Token||Traxx is for you

Jonah 🏅🎹 | Satoshi Club

This makes it all the more exciting

TommyD 🙂

We are developing the FUCINFT

This is our royalty NFT

A FUCINFT (Fractionalised Utility Community Infused Non Fugible Token) is a special NFT token that incorporates music rights

Paul Taylor

its a cracking name !!

Jonah 🏅🎹 | Satoshi Club

Yeah

TommyD 🙂

It’s a revolutionary idea allowing fans to directly share in the royalties generated in the traditional music world and therefore the success of their favourite artists

Robocop | Satoshi Club

so is this mean its unique,rare, and special ? how we possible to get this ?

TommyD 🙂

but also spawns the concept of music ‘traders’ whose talent is to spot an early stage artist and invest in them

Brian Elders

on the Token||Traxx platform

TommyD 🙂

We are working on the concept of monetising a playlist

Jonah 🏅🎹 | Satoshi Club

Sounds Great

TommyD 🙂

but its going to revolutionise your abillity to find and share music

TommyD 🙂

We’rew all curators

I bet each and everyone of you has an artist or piece of music that you know is amazing and you want to share it

Brian Elders

for sure

TommyD 🙂

On Spotify you get nothing for that talent

Jonah 🏅🎹 | Satoshi Club

True

TommyD 🙂

On Token||Traxx you will

BRING IT ON!!

Jonah 🏅🎹 | Satoshi Club

This will truly revolutionise the music industry

Brian Elders

it will

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers

Robocop | Satoshi Club

Thank you for the perfect answer

Jonah 🏅🎹 | Satoshi Club

Ready for the next one now?

Robocop | Satoshi Club

lets continue to next question

Robocop | Satoshi Club

Q5 From Telegram User @meml97

It is known that when it comes to music, creators often don’t receive the rights, revenues and royalties they deserved, ending up with less payment the deserved or even not having the rights to their own music. So, I was wondering, can you tell us more about how Token Traxx will handle this legal situation when it comes to the rights and revenue creators get from their own work on your platform? Will artists be the only owners of their music or will some right go to the platform? Also, tell us more about how much royalties will they received from their music on Token Traxx? Will the amount of revenue they received depend on the reception their work gets or will it depend on something else?

Jonah 🏅🎹 | Satoshi Club

Partially covered

Robocop | Satoshi Club

but i believe there are still something that you can add here

TommyD 🙂

I can talk about this for days!

Brian Elders

for sure – the technical parts we have spent weeks on

TommyD 🙂

First of all we don’t take any rights

Thats for the labels

Thats the system we’re changing

Artists keep 100%

We are providing the facility for artists to manage their Web3 strategy

And they need a web3 strategy

This is the future and they need to be part of it

For best answer to this and all questions please join me on my weekly NFT Music Twitter space every Monday at 6pm UK time

Tweets by TommyDanvers

Jonah 🏅🎹 | Satoshi Club

Awesome

Jonah 🏅🎹 | Satoshi Club

Go follow Guys  and turn your notifications on

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Jonah 🏅🎹 | Satoshi Club

Let’s proceed to the last question for this part

Robocop | Satoshi Club

are you ready for the last question from part 1 ?

TommyD 🙂

lets do it

Paul Taylor

yes please

TommyD 🙂

Great questions

Robocop | Satoshi Club

Q6 From Telegram User @chinyere2020

The TokenTraxx team wants to mix the best elements of the traditional music business with the concepts of Web3. Those traditional elements revolve around artist discovery and development”. In order to achieve this, you decided to introduce the TokenTraxx Creator Accelerator Program through which some of the most respected and established music professionals have been brought together to provide mentorship and support for key artists. Can you give more information about this? How can interested Creators take part in this Accelerator Program? What are the requirements that Creators must meet to be able to access a mentor through this program to help them with their music development?

TommyD 🙂

We have an amazing team which we are build ing on every day

They are Grammy, Brits and Oscar winners and titans in music

We want to help artists with their music not just their Web3 strategy but the two go hand in hand

I always say get the music right and the rest will follow

So join up to the mailing list as we’ve already started onboarding

Jonah 🏅🎹 | Satoshi Club

Will there be like a one on one mentorship?

Paul Taylor

We plan to work our community to help us design this accelerator programme

TommyD 🙂

Depends how many TRAXX tokens you have

Brian Elders

Boom

TommyD 🙂

We are community based support as well so other artists helping each other

TommyD 🙂

Haha

Jonah 🏅🎹 | Satoshi Club

Thank you For your answers

It was a pleasure having you answers our community questions so far

Robocop | Satoshi Club

Thank you guys ! it has been an amazing time in this first part of the AMA

TommyD 🙂

Its been amazing thank you

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to the second part where you will be asked questions directly by our wonderful members

Robocop | Satoshi Club

Now is time to proceed with the second part, the live segment from our community part 2, are you ready?

TommyD 🙂

yes!!

Jonah 🏅🎹 | Satoshi Club

The chat will be opened for 120 seconds..

Part 2 — live questions from the Telegram community

Q1 from Telegram user @krish_crypto22

To Increase the userbase & reach of Platform,Does Traxx has Plans to connect many “Regional Community” along with “Local Ambassadors”?

Paul Taylor

For sure – we think that if a musician in say Uganda sells a couple of NFTs for $10k, that can lifechanging in those economies where life can be harder than it is elsewhere – we will set up exactly that Local players – we believe in tech for good

Q2 from Telegram user @rocky0013

How will Traxx value it’s community? How can I be on the guestlist? What is the benefits for holding Traxx token?

Paul Taylor

https://tokentraxx.com/#guestlist

Q3 from Telegram user @Zohaya

What are the prerequisites for becoming a Token Traxx curator and collector? Is it necessary for them to hold Traxx tokens?

Brian Elders

TRAXX powers the platform and they will be necessary to unlock certain features

Q4 from Telegram user @Nonerlike

Regarding artist does your platform support music and songs other than english language? Are you a global project or local project and how do you plan to educate about your project in the future?

Paul Taylor

We will be starting in English, but we must have other languages and specialised regions -Music is global so will we be

Q5 from Telegram user @captainprice111

I think that music has lost its old value, old melodies and words dance in harmony with each other and I miss those times, especially as a classical music fan. My question is: How is the TokenTraxx team working to restore the music to its original value? Can TokenTraxx revolutionize music?

TommyD 🙂

This is a great question and one that is at the heart of what Token||Traxx is all about. The basic essensce is what do you as an artist have to offer that others want? Listening to your music online has gone. Thats covered by streaming and is mostly free so what else do you have? People want to be closer to you, they want to have a more personal relationship and they want exclusivity and experieneces. All of that can be packaged into NFT concepts and campaigns. Its about being imaginative with your drops and taking the time to take your fans on the journey with you. The big difference is with an NFT those fans can trade that support. So a fan might by 10 NFT’s of a young Ed Sheeran for example, sell 5 for a massive profit when he hits big but still have 5 to say I was there

Q6 from Telegram user @krish_crypto22

To Increase the userbase & reach of Platform,
Does Traxx has Plans to connect many “Regional Community” along with “Local Ambassadors”?

Brian Elders

Music is global and TT has global ambition. There will be initaitives to incubate music loving communities all over the world

Q7 from Telegram user @kammando2

What CHAINS you have Launched In the TOKEN|| TARXX, In Future Do You Make this Platform a MULTI CHAIN, Which BLOCKCHAIN are Currently Launched ?

Paul Taylor

Multichain is the future – we are on the Eth main net and will be bridging to Polygon, Zilliqa initially and then onto BSC and others – its important to have as wide an access as possible

Q8 from Telegram user @Sulyvahn_DS

Can you give us more informations about TRAXX Token Sale how to be eligible and what is required ?

Paul Taylor

sure https://tokentraxx.medium.com/our-tge-is-taking-place-on-march-14th-heres-how-to-use-the-sorted-dealroom-and-secure-a-bag-of-4f36cacdd64d

Q9 from Telegram user @ZHACK12

Government regulation and security are needed to be a satisfying social network site between local and foreign investors. We’d want to learn information regarding Token//Traxx And your privacy and security. Have you successfully completed your launch pad so far?

Paul Taylor

great question : all your info is here -TGE March 14th !! https://tokentraxx.medium.com/our-tge-is-taking-place-on-march-14th-heres-how-to-use-the-sorted-dealroom-and-secure-a-bag-of-4f36cacdd64d

Q10 from Telegram user @captainprice111

I think that music has lost its old value, old melodies and words dance in harmony with each other and I miss those times, especially as a classical music fan. My question is: How is the TokenTraxx team working to restore the music to its original value? Can TokenTraxx revolutionize music?

TommyD 🙂

Its not our job to revolutionise music. I think theres a huge amount of amazing music being made now but its hard to find because of the issues ariound the current music system. I created a feed last night that explains https://twitter.com/TommyDanvers/status/1501329072428879874?s=20&t=Xbvf5OI7zmsDj6LKNeUxug

Part 3 – Quiz Results

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

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

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

Our partners:
Telegram chat: https://t.me/TokenTraxx

Telegram News: https://t.me/TokenTraxxNews

Twitter: www.twitter.com/Token_Traxx

Medium: https://tokentraxx.medium.com/

 

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 Squirreling squirrels NFT and our guest was . The AMA took place on the 8th of March

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Jonah 🏅🎹 | Satoshi Club

Hello dear Satoshi Clubbers welcome to another AMA session

Pavel P

Hello everyone and Welcome to our AMA Session with Squirreling Squirrels NFT!

Jonah 🏅🎹 | Satoshi Club

Our guests are @karims94 @Link_0007 @jadaboumalham

Hello welcome to Satoshi Club

Pavel P

Let us welcome them here! 

K S

Hello everyone! Super excited to be here and thank you for having us!

7eddo

Hello everyone

Jonah 🏅🎹 | Satoshi Club

We are Glad to have you Guys here

Pavel P

And we are excited to see you here today!

Jonah 🏅🎹 | Satoshi Club

How are you doing today?

K S

Loving all the positive vibes & support in this community!

We’re great thank you, and you?

Jonah 🏅🎹 | Satoshi Club

We are super excited for this

7eddo

Amazing

Jonah 🏅🎹 | Satoshi Club

Let’s start our AMA

Pavel P

Let’s go!

K S

And we hope you’ll all learn more about our project and initiative

Jonah 🏅🎹 | Satoshi Club

Can you please introduce yourselves to us, how you got into crypto and how the project started?

K S

Well, I’ve been investing in NFTs for the past 7 months and became passionate about it! We’ve been working on this project as an idea at first since October

And we’re finally up and running! Focused on building our Squirreling Squirrels community!

7eddo

Following the latest trends around the world i stumbled upon the world of crypto and NFTs and widened my researches about Web3 crypto currencies and NFTs

K S

Squirreling Squirrels is a community-based NFT project with an initiative to support the planet! Our community will plant trees, as well as create our own Metaverse Park, P2E Game & Token.

Pavel P

Great combination!

Jonah 🏅🎹 | Satoshi Club

At the moment how many team members do you have working on your project?

K S

It’s more like family members! With our founders, developers and discord admins & mods we’re 17 people

7eddo

Our team is like clock work

Everyone is distributed into their designated roles and help run the project smoothly

Pavel P

Dream team!

K S

Yessir!

Jonah 🏅🎹 | Satoshi Club

Awesome.. can you tell us briefly what squirelling Squirells is all about?

7eddo

The Squirreling Squirrels community is all about bringing the community together, and to help the planet one tree at a time

K S

The crypto sector does not have a good reputation regarding the environment. Thus, we aim to change that by showing that NFT holders really care. We go for making the world a better place, tree by tree, squirrel by squirrel!

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

K S

Our goal is to be planting trees both virtually and physically!

Part of our roadmap is building our own Squirreling Squirrels Park on Sandbox!

Pavel P

Let’s get to know it in details as we have chosen 6 community questions for you!

K S

And we’ve also partnered with an international non-profit organization (TREE NATION) to help us achieve our goal of planting the trees!

Jonah 🏅🎹 | Satoshi Club

Impressive

Pavel P

Are you ready to start with them?

K S

Go ahead!

Pavel P

Q1 From Telegram User @Ritshimwa

I read that all Loyal SS holders will own and gain access to your Squirreling Squirrels Park in the sandbox, where many exciting events will be held. Can you share more insight on Squirreling Squirrels Park in sandbox? What are some benefits which Loyal SS holders will get from participating in events in Squirreling Squirrels Park? What are other benefits for loyal SS holders aside access to the Squirreling Squirrels Park? What are other strategies in order to encourage users to hold SS NFT?

7eddo

The project packs a huge benifit for all SS holders. For part takers in the community will gain access to the P2E game & token, help the environment, and socialize with other holders along the way

K S

The SS Park will be for the community by the community. Giving our holders the chance to be involved in certain decisions regarding developments of the park, activities and events. This will make all holders  officially part of the committee. We will also be going through each developmental process with our holders so we can all vote on which designs we can implement

Our park is just the start, to be able to get our Squirrels into the Metaverse! Where we will next develop our game on

Pavel P

How close to the launch is the SS Park right now?

Jonah 🏅🎹 | Satoshi Club

Does this mean you intend to have a DAO in place?

K S

Holders are owning special digital fully hand-drawn art, where each NFT has a unique touch, in addition to rarity. Our goal is to reward long term holders by doing what we promise to do, and more.This is not finalized yet, but for now all these votes for holders will be held on our Discord server!

DAO is part of our roamap 2.0!

Jonah 🏅🎹 | Satoshi Club

Great..

K S

Launch will be for Q2 2022! After our public sale that we will be having in March hopefully!

Pavel P

Let’s add it to our calendar!

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Ready for the next question now?

7eddo

Always

K S

Born ready!

Pavel P

Q2 From Telegram User @UniqueVicky

From your website, I read that all squirrels on the Ethereum blockchain varies in rarity. That rarity can be found in 200 plus hand drawn traits and that these traits can be found in different forms such as ROBOT, GOLD, DIAMOND and more. What traits does these squirrels exhibit in their robot, gold and diamond forms? What are the other forms of traits of these squirrels apart from robot, gold and diamond? Which are the best form of these traits? Of what importance/benefits are the squirrels when they are in these forms? Also while describing the squirrels you said they are fun, active, curious and sometimes wierd! THEY ARE NUT BEYOND NUTS? Can you explain what you mean they are nut beyond nuts? What can trigger this behavior?

K S

So we have more than 200 plus hand-drawn traits! You can find SOME of them on our sneek peeks channel on discord or on our twitter & instagram channels! Many such as fur colors, clothes, hats, glasses and many many more!

Rarity will vary between each traits

We also have our own ONE OF ONE characters based of our story line!

The best form of these rarities will be kept as a surprise but you’ll be soon seeing different rare ones on our discord channel so make sure to join in order not to miss out!

K S

And for the nut beyond nuts it’s just a phrase we use to describe our crazy squirrels that are squirreling around all the time!

7eddo

The traits represent authenticity of each NFT, and the innovative spirit towards the future of the project, and even the world!

Jonah 🏅🎹 | Satoshi Club

This is Awesome

Thank you for your detailed answers

K S

Anytime!

Jonah 🏅🎹 | Satoshi Club

Ready for the third Question now?

K S

Hope it’s clear enough for everyone! Let us know if there’s anything else in specific

Pavel P

Q3 From Telegram User @Rozielyna

You mentioned that Squirreling Squirrel will be rolling out squirrel wallet where we cab trade crypto with no gas fees. First I will like to ask When the squirrel wallet be launched ? Is there a Beta version of the squirrel wallet already? Will users get incentives from Storing their NUTs, token and NFTs all in one place on the squirrel wallet for a Longterm? What are the unique features of squirrel wallet? What measures have you taken to ensure that users assets on Squirrel wallet is safe and Secured from Loss and Hackers? You mentioned that your wallet will also have what you call guardianship, Can you tell us how this guardianship role play out on your wallet ?

K S

Sorry I think you have mixed up, we don’t mention anything about a wallet!

But we have our own community wallet that will be used for floor sweeps, planting more trees, and investing to make our roadmap and project a success & increase our floor price!

Our token will be able to be earned for all holders, and well as being integrated to our P2E game!

Jonah 🏅🎹 | Satoshi Club

How is the community wallet funded?

K S

After our public sale we will be investing in our wallet to implement all our roadmap goals as well as from our secondary sale royalties

Jonah 🏅🎹 | Satoshi Club

Great.. can you share your roadmap with us?

K S

Also part of our royalties will go directly to Tree Nation in order to keep planting trees!

Our goal is a million and we will not stop after!

Pavel P

That worth respect!

K S

Jonah 🏅🎹 | Satoshi Club

Impressive target

K S

A small glimpse of our roadmap, more details are on our website and discord!

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing this

Thank you for your Answers

Jonah 🏅🎹 | Satoshi Club

Ready for the next question now?

K S

This has been a lifelong dream of mine! Always wanted to help reduce our carbon emissions through planting trees, and these squirrels just gave me an initiative to do so!

K S

Focused on the SDGs for 2030!

K S

Yupp

Pavel P

Q4 from Telegram user @Sunny_steel

While the launch date of Squirelling Squirrels is still TBA, it would be nice to get prepared in advance by discovering your future marketplace, its main functions and usability. As I could not find any info about it on your website, please share some insights. What can users do with the squirrel NFTs besides using them as game items? Can they be tradable, exchangeable or staked? Do you plan to make both NFTs and Marketplace cross-connected to be used in multiple games? Thanks!

K S

As mentioned, we’re hopefully looking into launching towards this month! also, our collection will be on Opensea where you can trade your NFTs there! Staking is not introduced yet, we might do it after our public sale so people can earn from our Token, or we might go for automatic earning just by holding the NFT! (which is the most likely way we will go)

Regarding the cross-connected for multiple games this is something that can be done, the sky is not even the limit for our squirrels!

K S

But we don’t want to just over promise everyone that is why we are focused on our current roadmap!

After that we will be able to grow however our community wants to grow!

Jonah 🏅🎹 | Satoshi Club

Can you share with us the details of your public sale?

Pavel P

Agree with you.

K S

The mint price of pre sale is 0.04 whereas the public sale is 0.055

Jonah 🏅🎹 | Satoshi Club

What is the date for the pre-sale?

K S

No official date yet, but again hoping to do it before March 20!

It’s still early for everyone to get whitelisted!

Make sure to join our server now for an easier chance of doing so

Jonah 🏅🎹 | Satoshi Club

Great

Pavel P

What the community should do – is to follow your official channels for the exact date

K S

exactly!

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Pavel P

Thank you for this community oriented approach!

Jonah 🏅🎹 | Satoshi Club

Ready to proceed to the next question?

K S

Our pleasure!

Pavel P

Q5 from Telegram user @ProwGrowl

Community is always pushing the project forward and its activity usually represents a structuring power in this process. Please talk about the efforts taken to build and keep Squirreling Squirrels community active. Does the community get the governance rights through DAO? If yes, do you plan to introduce tiers depending by the amount of tokens held and providing more or less voting power? What rewarding system (airdrops for ex.) can be expected by community members?

7eddo

The community is always communicating on discord and throughout social media pages, where games and events are scheduled for the members to ensure their entertainment and to increase their general knowledge

K S

Our team is distributed all over the world! From Asia, Europe, the Middle East & Canada, the core team consists of professional, highly qualified, and innovative business owners, tech experts & more.

Through this, we’ll be able to build our community with one goal, to help make the world a better place through the planting of trees, and at the same time enjoy all the riches of WEB3 through our presence on the metaverse, and our p2e game

K S

Voting will be for holders only, as mentioned before DAO will be for a later stage

Holders will be able to vote on many different aspects, such as where to plant the trees, as well as the building or our park and game

More details will be revealed on our discord server!

K S

And for airdrops, it’s something we will be doing to all holders

Jonah 🏅🎹 | Satoshi Club

Exciting

K S

As our next stage

Can’t be revealing everything now can we?!!

Pavel P

Absolutely!

Jonah 🏅🎹 | Satoshi Club

We like surprises

So we will wait to get them as a surprise

K S

our team is doxxed and we have our partners with us to prove to everyone who we are and what we will be doing!

Jonah 🏅🎹 | Satoshi Club

Thank you for your answers, everything is clear for me on this one

K S

Yupp

Pavel P

Let us see the last question of Part 1!

Pavel P

Q6 from Telegram user @Pelusapinto21

A million starts with one; That one starts with every holder of the Squirreling Squirrels “SS” collection. As part of the commitment to help the world community, they will start by planting 100,000 trees as the first milestone with the goal of reaching one million trees. Therefore, they are proud to collaborate with Tree Nation to help achieve this milestone effectively. What is Tree Nation? What kind of ecological activities will begin to develop with Tree Nation? What will be the strategic benefit with Tree Nation? SS considers developing alliances with other organizations for the benefit of the environment?

K S

Tree-Nation is a non-profit organization that holds the largest reforestation platform which allows citizens and companies to plant trees all over the world. They have contributed to planting more than 18,000,000 trees all over the world! That is why we have decided to partner with them in order to achieve our goal! Using their experience and know how we will be lucky to plant these trees with them to provide the BEST possible outcome for everyone!! 

 We want you to join us on our mission to reforest the world and fight climate change!

Jonah 🏅🎹 | Satoshi Club

In what regions do you have your tress planted at the moment?

K S

We can’t and will not find a better partner and platform to help us achieve this!

We have not started with the planting of trees yet! We’re focusing on building our community in order to achieve all our goals!

But there will be various options for our community to decide from!!

Also, EACH holder will get a certification in their name for all the trees they have contributed in planting!!

As a thank you

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

This brings us to the end of the first part of our AMA

Pavel P

Before we proceed to the 2nd part please share your official links

K S

http:// (https://t.co/7cqWarfgFz)discord.gg/5JgjnY6mUa (https://t.co/7cqWarfgFz)

K S

https://www.instagram.com/squirrelingsquirrels/

K S

Tweets by SquirrelingSQRL

Pavel P

Satoshiclubbers, please do not forget to join!

K S

https://squirrelingsquirrels.io/

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to the second part, where our members will ask you their questions directly

Jonah 🏅🎹 | Satoshi Club

Are you ready for them?

K S

Yessir looking forward to all your questions!

Jonah 🏅🎹 | Satoshi Club

Will be opened for 120 secs

Part 2 — live questions from the Telegram community

Q1 from Telegram user @habibi_ve

I would like to know how many SS NFT I need to start the game? Can I start with just one NFT or will I need more? How and where can I acquire my first SS NFT? How many SS NFT can I acquire? Is there a limit?

K S

You will only need one to start the game! You can acquire the first SS NFT on our website when we launch our public sale! Join our discord and get whitelisted to book your chance at minting it for a cheaper price! for our OG role you can mint 3 NFTs where as the public sale will be capped at 10 per transaction

Q2 from Telegram user @mercy_global

As all the NFTs are on ethereum blockchain but you know that while transacting,Fee would be very high,
What solution have you thought about it?

K S

We kept our prices low compared to all the benefits in return and we also integrated our smart contract with 721.A that will make the gas fees much cheaper! Minting more than 1 NFT will also not increase the gas fees like usual, due to the smart contract optimization that we did

Q3 from Telegram user @highpee

There are many crypto projects that are ANIMAL-THEMED, but most have prefer to be named after DOG, INU or SHIBA.. Why do you prefer to create a project named after SQUIRREL? Are there any personal reason why you like this little creature?

K S

Our favorite type of animals are squirrels! Fun fact: Squirrels lose up to 74% of all the acorns they hide in the ground! Which results in planting of many trees! This is why we integrated the Squirrels to our project, as well as them being the cutest little animals in our world!

Q4 from Telegram user @Gabby_999

Can you please tell us more about Squirrel NFTs, what makes them different from all the NFTs flooding the marketplace? What can users do with them, Do they have any special role they are going to play in the game? What about renting/ leasing, will it be possible to rent out our assets to others in the community or what are some of the ways users can earn passive income playing your upcoming game

K S

Just like any business can strive in any market given it’s plans, mission and vision. Our NFT project will also be given the chance to flourish given the right planning, unique content and hard work from all our experienced team. Renting and leasing is not an option for us now, whereas for the passive income, holding our NFT will give you the chance to do so, not just through playing the game

Q5 from Telegram user @yushi68

So many projects prefer to communicate about the short or medium mission and vision statements, but what are your short-term goals for your project? What are you concentrating on right now?

K S

Our short term goals is working hard on building our community through all the different events, games and interactions we have on our discord and social media accounts. We are focusing on engaging with our community and doing different giveaways to reward everyone. Through doing this we will complete our minting phase and shoot for the stars with our roadmap implementation in which increasing the green spaces is our top priority! (virtually and physically)

Q6 from Telegram user @hansoyeon

You have a big Project goal “to make the world better”. How do you plan to reach your goal of planting 1 million trees, which you said you started by planting 100 thousand trees? How can I help your campaign as a community member? And in which country or what region will you do it?

K S

We have the chance of planting trees in may different regions, due to our partnership with Tree Nation which has planted more than 18,000,000 trees all over the world! Being a community member you will help us in achieve this by preaching about us, and being a holder will directly mean that you have helped in planting all these trees, with a certificate in your name to prove that!! As mentioned before, the holders will also have the chance to vote on where we plant these trees! and our goal is not just planting these 100,000 or 1 million, it’s an initiative for the short, medium and long term

Q7 from Telegram user @munishgmr

We have seen that Many Platforms store NFTs on centralised platforms and that is very risky.Where do you store the NFTs? Can you please give information on this?

K S

To secure our NFTs they will be stored on the Etherium Blockchain and hosted on IPFS; which is the safest option used when it comes to NFTs!
IPFS – InterPlanetary File System is a decentralized storage and file referencing system for Ethereum.

Q8 from Telegram user @Cheriemike

Going by your Twitter Channel Squirreling Squirrel announced its first competition entitled”The race to Diamond Acorns”.So can you tell us more about this competition and the criteria set to be a winner? Though this competition was announced late last month but you didn’t state if it has ended.So can you tell us if the competition is still ongoing or it has ended?If its the on,how can interested persons from our Satoshi Club Community join in it?What are the requirements to join including the benefits for winners of the competition? Please explain Thanks

K S

Our competition is still ongoing! Hop on our discord to know more about it and join in on the fun. We will be doing more NFT+Whitelist giveaways! And stay tuned for more surprises exclusive on for the Satoshi Club members!

Q9 from Telegram user @coinerman

Smart Contracts’ security is considered one of the biggest issues for every project. Can we be sure that your smart contract is completely secure? How do you ensure that user funds are protected so that users/investors feel 100% safe?

K S

We have two very experienced developers with experience in the blockchain! Our smart contract will be open and shared with everyone to check anything they want! It’s all open and clear for all. Also like mentioned before we will be hosting our NFTs on IPFS!

Q10 from Telegram user @burshanggal

Is there a percentage of your entire income set aside for expenses, or how do you manage your spending?

K S

40 to 50% will be used to reinvest in the project and in achieving the roadmap, and the rest will be for the building of the whole project, team and marketing. Whereas our secondary sale royalties will be: 4.5% split in 1% for planting trees, 1% for community wallet and 2.5% for the team, marketing and growing of the project

Part 3 – Quiz Results

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

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

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

Our partners:
Website-https://squirrelingsquirrels.io/
Discord-https://discord.com/invite/5JgjnY6mUa
Twitter-https://twitter.com/SquirrelingSQRL

We are pleased to announce our next AMA on March 21st, 2022 at 01:00 PM UTC Time: Satoshi Club x Esca

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

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

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

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

Part 3: 300$ – A quiz about Esca

For more details:
Esca Website – escacrypto.com
Esca Telegram – @escacrypto
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 14th, 2022 at 11:00 AM UTC Time: Satoshi Club x UpDeFi

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

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

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

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

Part 3: 300$ – A quiz about UpDeFi

For more details:
UpDeFi Website – app.updefi.finance
UpDeFi Telegram – @UpDeFiUp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on March 13th, 2022 at 5:00 PM UTC Time: Satoshi Club Spanish x UpDefi Spanish

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

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join UpDefi Telegram group

We will have the following structure:

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

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

For more details:
UpDefi – @UpDeFiUp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish