Satoshi Club

We are pleased to announce our next AMA on November 12th 2021 at 03:00 PM UTC Time: Satoshi Club x Digination

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Digination 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 5 questions. Digination Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Digination

For more details:
Digination Website – https://digination.io
Digination Telegram – @DigiNation
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We are pleased to announce our next AMA on November 12th 2021 at 11:00 AM UTC Time: Satoshi Club x Credefi

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Credefi 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 5 questions. Credefi Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Credefi

For more details:
Credefi Website – https://credefi.finance/
Credefi Telegram – @credefi
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 Units Finance and our guest was @UnitsMu. The AMA took place on 11 November.

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

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

Part 1 — introduction and questions from the Telegram community

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

@UnitsMu welcome to Satoshi Club 😀

MuMu: Hi All, the UNIT protocol team is honored to be here and answer your questions.

Robocop | Satoshi Club: We are very excited to have you here today, how is going your day?

MuMu: Hey, Great, Busy day as you can guess😊

Mary | Satoshi Club: More work, more profits😉

Robocop | Satoshi Club: well then Let’s start!

Please Introduce yourself and your team. How did you get to be involved in Cryptocurrency & Units Finance?

MuMu: Sure, we have assembled together about 5 months ago imagining and developing this project.

We are an anonymous team, composed of two senior and well experienced blockchain developers, a financial crypto expert and a top crypto strategist, so we believe we have combined well financial expertise and well experienced blockchain developers.

Mary | Satoshi Club: Why did you decide to stay anon? Any reasons?

MuMu: The anonymity purpose was to keep the developers private life, private. We have seen in the past non-anonymous teams defrauding investors (SquidGame…), we believe trust is built over time and hard work and not just by names or titles.

Mary | Satoshi Club: It has sense 🙂

Robocop | Satoshi Club: yes we understand the reason

Mary | Satoshi Club: What about Units Finance goals? Why crypto needs your project?

Robocop | Satoshi Club: can you introduce a little about UNITS Finance before we go to community question

MuMu: The UNITS protcol is about creating new UNITS  of exchange.

The first unit we have created is muBTC (Make Bitcoin Accessible!)

The muBTC token, like fractional shares in the traditional stock market is a more accessible unit of Bitcoin, each muBTC will always be equal to:  1/1,000,000 Bitcoin

At its core, muBTC solves two problems:

1. The price of a single BTC is too high in USD terms. muBTC token allows its holders to be exposed to BTC in a more accessible and convenient way.

2. Bitcoin price does not enable a convenient quote for day to day payments, imagine you would like to buy a cup of coffee for $1.99 with BTC at $500,000 you will need to pay 0.00000398 BTC while the same purchase is quoted as 3.98 muBTC.

MuMu: Another exciting unit is the: MAU – Multi-Asset StableCoin

MAU is a unique and revolutionary multi-asset stable coin.

Unlike other stable coins which are pegged to a single FIAT currency, the MAU stable coin combines different types of assets, creating a more stable and broadly diversified stable coin.

The MAU token value is derived from the value of the following assets:

USD : EUR: Gold

This diversion creates a more stable coin, better hedged from inflation due to its diversity and having the gold price index as part of it.

MuMu:

muBTC Image

Robocop | Satoshi Club: we have some question about this later from our community 😉

MuMu:

MAU Stablecoin Image

Sure.

Robocop | Satoshi Club: Thanks for the intro. We still have a lot of questions

 to learn more about Units Finance.

Ready to proceed with our first community question?

MuMu: Yes, of course.

Q1 From telegram user @meml97

It caught my attention that I read that UNITs has a “new and revolutionary” way to perform better token presale called “Bonding”, can you tell us more about it? How does this new and revolutionary way exactly work? What kinds of new features or mechanics makes it so revolutionary and different from everything we know so far? Also, how is this Bonding Pre-Sale system more suitable to investors than the token Pre-Sale systems we already know and use? What benefits and advantages can investors get from this Bonding that other ways of token Pre-Sales can’t provide to them?

MuMu: Hi, Bonding itself as not a new concept, Bonds were first introduced by Olympus DAO and gained tremendous success. The UNITS protocol took it even further, by introducing a bond with an auto stake mechanism:

The supplied USDC is converted into UNIT tokens according to the discounted UNIT price and automatically staked in order to boost the rewards. So, by bonding you benefit both from a predefined discount and boosted rewards for auto staking.

Bonds are locked up for a period of 5 days, with an auto stake mechanism which is highly effective in boosting the rewards.

MAU unique and revolutionary multi stable assets coin.

Get staking rewards while keeping your exposure to Bitcoin.

MuMu: What are the benefits of Bonding?‌

Bonding is an active short term investment with high ROI based on predefined discount for the UNIT tokens. The auto staking mechanism is rewarding investors with high APR in addition to the short term bond profit.‌

Mary | Satoshi Club: Is it live?🙂

MuMu: Yes, it is, we have Bonds running for BSC and Polygon networks.

For now you can bond with USDC on Plygon and BUSD on Binance Smart Chain and we are adding now a bond with BNB for the BSC network.

https://app.units.finance/#/bond

Robocop | Satoshi Club: How much UNIT token allocation for Bonding Pre-Sale ?

Mary | Satoshi Club: Cool👏👏👏

MuMu: We have allocated 10M UNIT tokens for the presale.

Mary | Satoshi Club: Awesome! Thank you for your answers! Ready to proceed?🚀

MuMu:  Sure.

Q2 from Telegram User @MasterfulAstil

Units states that Bitcoin price dies not enable a convenient quote for day to day payments providing a great example of coffee price converted to muBTC. Does that mean that the price of muBTC is related directly to the price of BTC? How do the fluctuations of BTC impact muBTC?

MuMu: The muBTC will be always worth 1/ 1,000,000 of Bitcoin, so if the price will move in terms of specific pair it will create an arbitrage opportunity for the Arbitrager to buy it in a discounted price and convert it back to WBTC, this mechanism is well known and is used by Maker Dao for their Dao token.

Mary | Satoshi Club: How the process of convertation happens?

MuMu: We forked the Yearn smart contract which is used for the same concept of fractionalized token. Yearn smart contract have created the Woofy token, which is 1 / 1,000,000 of the YFI token.

Woofy token already have around  $6M market cap, imagine the possible market cap that can happen to a fractional Bitcoin.

Mary | Satoshi Club: Got it! Nice move! 👍

Robocop | Satoshi Club: can you give reason why UNIT Finance create muBTC? what problem its try to solve?

MuMu: At its core, muBTC solves two problems:

The price of a single BTC is too high in USD terms. muBTC token allows its holders to be exposed to BTC in a more accessible and convenient way.

Bitcoin price does not enable a convenient quote for day to day payments, imagine you would like to buy a cup of coffee for $1.99 with BTC at $500,000 you will need to pay 0.00000398 BTC while the same purchase is quoted as 3.98 muBTC.

Robocop | Satoshi Club: Thank you, thats really clear and detail answer, so do you want to add other comment or we can move to next question?

Mary | Satoshi Club: True, may be one day we will start fractionalize even one satoshi🤣

MuMu: Hi, Yes, I would like to mention another point in this matter of muBTC.

Robocop | Satoshi Club: sure

MuMu: Staking of muBTC on the UNIT farming pool, creates outstanding rewards opportunity while keeping your exposure to Bitcoin, while usually good yields for Bitcoin in the current DeFi market.

Mary | Satoshi Club: Nice opportunity 😉

How can i get muBTC? What is the process?

MuMu: You can convert WBTC for muBTC in the UNIT App interface and you can always convert it back with the same ratio, so your original funds are kept at their original deposit sum.

Mary | Satoshi Club: So easy! Thanks!🙂

Q3 from Telegram User @Jamesxmen

In relevant to $UNIT tokenomics, Pre seed- 0.75%, Seed- 2.25%, community reserve- 72% were decided by Unit Protocol to raise the initial fund & Recently You have conducted the pre sale of unit protocol. Did you provide the $UNIT token allocation for the pre sale from seed or Pre seed or Community reserve? How was the presale, What amount did you obtain from presale? Please tell me about the Pre seed, Seed & community reserve? So how will the community buy $UNIT tokens from Community reserve allocation?

Mary | Satoshi Club: A lot of questions in one🙂

MuMu: Sure, we will answer it one by one:

1. The presale allocation is part of the 4% liquidity allocation, the auto staked rewards are from the community reserve.

2. Presale so far have raised 35% from our minimum goal in 3 days for the first bond.

Mary | Satoshi Club: How long will it last in total?

Robocop | Satoshi Club: btw, can you share the detail of Tokenomics from $UNIT ?

MuMu: 3. The community reserve, will be fully distributed to the community as rewards for  staking, farming and bonding.

Hope it answer this question in full.

Yes, the full Tokenomics details can be found here:

https://unitsprotocol.gitbook.io/unitsprotocol/tokenomics

Robocop | Satoshi Club: Thank you

Q4 from Telegram User @yellowchamp

I found out that the UNITS Finance protocol is DAO-governed in which all decisions are formed by community members on the forum and made by token holders through snapshot voting. So,could you enlighten us more about the snapshot voting? What is the process of snapshot voting and where it is being held? Since all the decisions are formed by community members and token holders,what will be the responsibility or duty of your team in the decision making and in snapshot voting. For community and token holders who will be part of the decision-making and snapshot voting,do you intend to incentivized them for their participation? Thank you

MuMu: As a fully decentralized protocol, the UNIT protocol token holders should be involved and be part of the protocol decisions, so each token holder will be able to participate and help shaping the protocol future.

Robocop | Satoshi Club: so there is no minimum token hold to participate into UNIT DAO right ? thank you for the answer

MuMu: That will be our first proposal to decide with the help of the community.

Mary | Satoshi Club: When do you plan to start with governance?

MuMu: Governance proposal will be enabled Several days after the token listing which will be after November 22, 2021.

Q5 From telegram user @Orlemys

Your stable coin MAU is pegged by three different assets, US Dollar, Euro, and Gold in equal parts. What is the advantage of this multi-asset backing over other stable coins like USDT, USDC, BUSD, and DAI? I’ve heard rumors saying that stable coins like USDT are meant to drop in price over time since there is no real backing of the coin. Does MAU solve this? Are you completely transparent about this? Can investors be sure that MAU will remain stable over a long period of time, even with inflation and its effects on dollars, euros, and gold?

MuMu: As you  are aware of stable coin is a huge market, but we have identified these coins has two problems, the first one is lack of diversity, almost all of them are pegged to a single asset which is the US Dollar.

and the second core problem in this market is lack of inflation hedging and by creating a multi assets stable coin which is both diversified and includes an asset as gold which is known to be an inflation “hedger”, we believe we can disrupt this huge market with this new UNIT of exchange.

Also, the MAU is fully decentralized and backed by tokenized USD / EUR / Gold locked in smart contract.

Robocop | Satoshi Club: thats really great info for solve stablecoin problem😀

Mary | Satoshi Club: It will be always backed by this currencies? 🙂 Or it can be changed somehow?

MuMu: Yes, always backed by this currencies.

The UNIT protocol in general was created in order to offer UNITS of exchange, so as additional opportunities for new tokens with different structure are met, we will with the community confirmation, consider creating new tokens, but the MAU token should stay stable as the current declaration.

Robocop | Satoshi Club: where we can get MAU token ? any link that you can share?

Mary | Satoshi Club: Gotcha! 👏

MuMu: We have fully developed so far the UNIT token, the MAU token is still under development and was not released yet, you can view our full and detailed roadmap here:

https://unitsprotocol.gitbook.io/unitsprotocol/roadmap

Q6 From telegram user @Asela1112

According to Your Roadmap, Units Protocol hope to launch Buyback smart contract on Testnet in second quarter of 2022. Can you give a sneak peek about this upcoming deflationary function on $UNIT tokens & your testnet? Will this Buyback smart contract be only for Units Protocol’s testnet or Will it be implemented on the Mainnet also? What will be the Buyback percentage that you hope to incur through the transaction fees? How will the Buyback smart contract be controlled the inflation rate & sudden price dumping of $UNIT tokens?

MuMu: Yes, the UNIT Protocol revenues model is The UNITS protocol is built over investing the WBTC collaterals in major DeFi protocols which offer the best yields for WBTC.

The smart contract based algorithm will optimize and manage the investments.

80% of these revenues are used for buy back of the UNITS protocol governance token in order to distribute the profits to the UNIT token holders.

Mary | Satoshi Club: Now you can share links to your channels 🙂

So, our community won’t miss them!

MuMu: Thanks You, it was pleasure so far and we will be happy to answer more questions.

Docs: https://unitsprotocol.gitbook.io/unitsprotocol

Tech: https://github.com/Units-DAO/units-dao-contracts

 Telegram Announcements Channel: https://t.me/joinchat/xPtcEH3TCFdhZDk0

Twitter: https://twitter.com/units_protocol

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

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

Website: https://app.units.finance/

Robocop | Satoshi Club: Dont Forget to join Satoshi Clubber 👏🥳

Part 2 — live questions from the Telegram community

Q1. from telegram username @Asela1112

Initially Units Finance Protocal has been developed on Polygon & BSC networks. Will you stay remain with Polygon & BSC networks forever?

MuMu: Hi, Additional networks will be added in the coming year, please view our fully detailed roadmap, please check Q4 2022 about other planned networks:

https://unitsprotocol.gitbook.io/unitsprotocol/bond

Q2. from telegram username@Xusuo                                                                                  

So can you mention in here about what are utility for $UNIT token and $MAU token? Why we should have both token?

MuMu: The UNIT protocol governance token utility functions are:

Governance token

Community rewards.

Buy back.

Staking

Q3. from telegram username@cenkkargin0666

Is there a feature of the UNITS protocol that it realizes first in the DeFi market, what does UNITS bring to DeFi? What is the most unique aspect of UNITS?

MuMu: We believe the unique bonding mechanism create a new and exciting opportunity for the defi market, the UNIT protocol Bonding Mechanism works supplied USDC which is converted into UNIT tokens according to the discounted UNIT price and automatically staked in order to boost the rewards. So, by bonding you benefit both from a predefined discount and boosted rewards for auto staking.

Bonds are locked up for a period of 5 days, with an auto stake mechanism which is highly effective in boosting the rewards.

MAU unique and revolutionary multi stable assets coin.

Get staking rewards while keeping your exposure to Bitcoin.

Q4. from telegram username @jazzmuxic2000

Can you tell us about the benefits of staking the muBTC token? Do you have different stake plans? How long is the lock-in time? How much would be the reward for stake muBTC?

MuMu: Yes, you can get outstanding rewards while keeping your exposure to Bitcoin. The muBTC staking pool is where you can stake your muBTC tokens and earn rewards in UNIT tokens.

Staking UNITS DAO Tokens is a passive, long-term strategy. Keeping UNIT tokens staked is the most effective way to maintain the token value, which is in the community’s best interest. Consequently, the UNIT staking pool includes high rewards for community members that acknowledge the importance of keeping their tokens staked.

Q5. from telegram username@coinerman

Since strong partners enable projects to gain trust and develop faster, can you tell us about the partners your team has/will include in your ecosystem and your future partnership strategy?

MuMu: We are working with several leading wallets, exchanges and Defi protocols in order to implement the UNITS protocol medium of exchange.

A first big announcement will be shared with the community soon.

Q6. from telegram username @barisbektas1

Does UNIT protocol have its own wallet, or which wallets will you support? Is there a work around UNIT protocol to provide an exchange environment?

MuMu: Currently, we support Metamask and Wallet Connect, Next and soon to be is “Binance Wallet” and many more will be added in the coming weeks, we are also working on a better mobile experience.

Q7. from telegram username @kimzyemma

For instance if UNITs token is bond, how many days will it take to be redeemable? What is the calculation behind the ROI?

Thank you

MuMu: The ROI is the gap between the UNIT token discounted price at the date of purchase and its listed price.

In addition to the ROI, staking gains APR rewards, the APR is calculated this way:

Staking Pool TVL= The staking pool amount of staked tokens (muBTC OR UNIT) multiplied in the USD token price.

APR = (Rewards per second / TVL) * (86,400 sec per day * 365 days)

Q8. from telegram username @roche01

what is the way that generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?

MuMu: The UNITS protocol is investing the WBTC collaterals in major FeFi protocols which offer the best yields for WBTC.

The smart contract based algorithm will optimize and manage the investments.

80% of these revenues are used for buy back of the UNITS protocol governance token in order to distribute the profits to the UNIT token holders.

Q9. from telegram username @mobilejii

✅✅  will there be any possibility of your team to be public in future? How can we trust on your project is safe from investment purpose?

MuMu: The anonymity purpose is to keep the developers private life, private. We have seen in the past non-anonymous teams defrauding investors (SquidGame…), we believe trust is built over time and hard work and not just by names or titles.

Q10. from telegram username@itsMelissa3

A few days ago the UNITS team shared with us the launch of the first DeFi Friend-Referral program. The steps to participate are quite easy, we just have to refer a friend, and the UNITS bond smart contract will automatically credit our wallet address with 10% commission. Will this program be running for a limited time? Until when will we have the opportunity to earn through the referral program? You mentioned that each deposit made by our referral link will credit our wallet in 10% of the deposit’s value. Does each link have a maximum number of referrals allowed? Does our referral link have an expiration date?

MuMu: Hi, no, our “Refer a Friend” mechanism has no expiry date, you can join here:

https://app.units.finance/#/referral

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/

Chinese Telegram group: https://t.me/satoshi_club_cn/

Indonesian Telegram group: https://t.me/satoshi_club_indonesia/

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

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

Website: https://esatoshi.club/

Our partners:

Telegram Announcements Channel: https://t.me/joinchat/xPtcEH3TCFdhZDk0

Twitter: https://twitter.com/units_protocol

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

We are pleased to announce our next AMA on November 11th 2021 at 01:00 PM UTC Time: Satoshi Club x Units Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Units Finance Telegram group

We will have the following structure:

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

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 5 questions. Units Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Units Finance

For more details:
Units Finance Website – https://units.finance
Units Finance Telegram – @units_protocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

We were delighted to welcome our guest from Ragna Maple. The AMA took place on November 9th, 2021 and our guest was @kimwm300.

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

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

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community! We are pleased to announce AMA with Ragna Maple.🥰

Gold Rocket | Satoshi Club: Today our guest is @kimwm300

Ronnie K: Hello all!

Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club😄

Ronnie K: I am glad to be here with you all

Gold Rocket | Satoshi Club: How are you doing😊

Gold Rocket | Satoshi Club: Yes.. we are really excited about upcoming AMA with you❤️

Jonah 🏅🎹: Welcome @KimWM300  we are glad to have you here

Ronnie K: Being very very busy with the game development

Ronnie K: Nice to meet you Jonah

Gold Rocket | Satoshi Club: a lot of work… we understand.😁

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & Ragna Maple

Ronnie K: Yup, we are getting coverage from Bloomberg tomorrow, very excited

Gold Rocket | Satoshi Club: Wow! It’s incredible🔥🔥🔥

Ronnie K: You guys will even see us on yahoo finance perhaps by tomorrow or on 11th nov

Ronnie K: Sure let’s start!

Ronnie K: I am in crypto since 2015

Gold Rocket | Satoshi Club: early bird 😁

Ronnie K: If there are members here joining btc army since 2015 or earlier, you will know how fun it was when seeing the price plummet and rise from time to time 😂😂

Gold Rocket | Satoshi Club: You’ve already gone through several cycles. 🔥

Ronnie K: Well sorry I didn’t really introduce my name.

Ronnie K: I am Kim Woo-Ming from Korea, currently working for our brand new play to earn game – Ragnamaple in our game studio in Sydney, Australia.

Gold Rocket | Satoshi Club: Nice to e-meet you Kim Woo-Ming😊

Ronnie K: Ragnamaple is a game inspired by Ragnarok Online and Maple Story, we used to play this game as a teenager and end up we have decided to recreate a game with similar features of these 2 games + some pokemon features, and with play to earn as the main attraction to achieve mass adoption.

Ronnie K: Nice to e-meet you too Gold Rocket! 😜

Ronnie K: Done

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of Ragna Maple

Ronnie K: Well, Ragnamaple is a metaverse/open world turn-based RPG (Role playing game). First you need to use RMP to purchase 5 characters, then embark on the adventure to fight monsters and ultimately reach the Great Mother Tree, which is the key to saving the Ragnamaple world.

Gold Rocket | Satoshi Club: real adventure😁

Ronnie K: In between the journey, you may capture some monsters to be your companion. Train them and make them fight for you in battles. Different character and monster comes with different skill, so it is best to have a variety of strategies for different enemy or boss encounter.

Some boss yield really good reward = up to 10000 BUSD

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Jonah 🏅🎹: This is great..

Ronnie K: It would be me, Marcus, Logan, Jane, Chris, and 11+ team members covering all the game development, blockchain integration, art work, animation and so on

Gold Rocket | Satoshi Club: Is your team anonymous?

Ronnie K: We have just onboarded another music composer for our BGM composing

Ronnie K: We are here alive and well, doxxed 😂😂😂

Gold Rocket | Satoshi Club: Dream team👏👏👏

Gold Rocket | Satoshi Club: Great 👌

Ronnie K: Some members of us work remotely from different country

Gold Rocket | Satoshi Club: Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Ronnie K: For example Jane is a thai, while Chris is from Taiwan

Ronnie K: Sure, let’s go~

Q1 from Telegram User @yellowchamp

With Ragna Maple,we can make additional revenue, collect and upgrade NFT weapons, equipments, and accessories, or train NFT characters to new job classes and sell them on the marketplace. So,for all this services you are offering do you charge fees with your users? To collect and upgrade NFT weapons, equipment and accessories what may be the win-win benefits you may get from users? Does this also includes customization of NFT items? How can we train NFT characters to new job classes?Do you have any guide or tutorial video on how to train NFT characters? Literally,how can we sell it in your Marketplace and who will be our target market? Thank you

Gold Rocket | Satoshi Club: This is a common thing in our times 😊

Ronnie K: Well it is a long questions

Gold Rocket | Satoshi Club: Yeah.. 😁

Ronnie K: Yes we do charge fee for all the actions above, for example everytime a player wishes to upgrade their weapons, or change the character job class to advance tier, fee in the form of RMP or zeny will apply

Ronnie K: These fee will then be channeled to RagnaVault for our treasury holding

Ronnie K: For your information, we have this 100% revenue sharing for token holder (inspired by Iluvium) which we can explain later

Jonah 🏅🎹: Wow… 👍

Ronnie K: As for the details of how to perform the above actions, tutorials will be available in December to get all the players ready for the January 2022 beta launches

Ronnie K: We hope that everyone can be patient as we have planned it well and we will ensure smooth gameplay for all the above features

Ronnie K: Done

Gold Rocket | Satoshi Club: by the way, share your roadmap with us please

Ronnie K: Okay

Ronnie K: As for roadmap, we are currently busy with our whitelist campaign and getting ready for the presale on 11/11/21 12pm UTC

Gold Rocket | Satoshi Club: Thanks for your answers ☺️

Jonah 🏅🎹: Few days from now 👏

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

Ronnie K: While there will be multi-IDO by end of November along with token listing, ideally also end of November.

Security audit will be performed in between November/December which we will hire 2 audit firm to do the work. We have shortlisted Certik, quantstamp and peckshield for the time being, but only 2 will be chosen.

We will then proceed to our NFT lootbox sales / land sales (metaverse) and character sales in December 2021.

And finally game beta launch in Jan 2022.

Q2 from Telegram User @Ajpaa

Warrior, Archer, Healer, Magician and Thief are the classes of characters on Ragnamaple’s open world gameplay platform. What are the unique abilities of each of these Characters classes? Also what are the new uniqueness of these characters when they gains enough experience points to change job and skills? What are the criteria used for this experience points and what benefits does a player get when the job and skills of his characters get upgraded?

Ronnie K: Wow this is an even longer question that I can’t really answer in details, If not it will end up become an article 😂😂😂

Allow me to summarize it

Gold Rocket | Satoshi Club: Feel free😁

Ronnie K: As per the job class title, I believe you all know what these characters good at:

Warrior = tanker/close range combat

Archer = long range/ high physical dps

Marian = elemental/ high magic dps

Healer = support/ anti demon&undead

Thief = agile / high dodge / poison

Ronnie K: When these character gain enough experience points, player may help these character to change class to an advance tier, where new stronger skills will be available

Ronnie K: With stronger skills and stat, the stronger your team and you can beat stronger monsters! Or even take up boss easily and earn more $$$$$$$$$ in the process 🥳

Jonah 🏅🎹: Asides experience points what do players need to change their classes?

Ronnie K: Player need to pay some RMP to get the job change done

Ronnie K: We want to make sure RMP come with a lot of utility 😎

Gold Rocket | Satoshi Club: By the way, you have very beautiful graphics. 😍

Gold Rocket | Satoshi Club: What’s your favorite character? 😊

Ronnie K: Thank you, we are going to improve it further 🥰

Ronnie K: I am a wizard person

Ronnie K: So we want to make sure the wizard is sexy enough 🤪

Ronnie K: I am the one who decide that the wizard has to be a female

Gold Rocket | Satoshi Club: I would choose Healer 😍

Ronnie K: Kind-hearted person you are 👍😊

Gold Rocket | Satoshi Club: perfect solution 👏👏👏

Gold Rocket | Satoshi Club: Thanks for your great answers😘

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

Ronnie K: Welcome Goldy!

Ronnie K: Sure

Q3 from Telegram User @Pavel_Jarosh

Ragnamaple stands to be willing to work on several techniques to ensure the game meets the different needs of the players as play-to earn games are often said to be less pleasing. And one these means is massive reward that is awaiting everyone who joins. Could you share more details regarding your rewarding system? Does it only include financial rewards or game perks such as additional equipment for heroes, or access to VIP leagues? Thank you!

Ronnie K: Yes, not only the rewards come in the form of real world money, rare weapons and equipments will be available to those who play hard too!

Ronnie K: In some of the event, for example the $10000 BUSD boss

Ronnie K: And why BUSD and not RMP you may ask? Because we do not intend to give out massive reward in native token which will hurt the pricing of our token. We need to make sure that the token price is stable so that users and investors are happy to stay with us.

Gold Rocket | Satoshi Club: it’s really generous😁

Jonah 🏅🎹: This is a great Initiative

Gold Rocket | Satoshi Club: this is a smart move on your part😊

Ronnie K: In order to achieve mass adoption in the shortest time, $ reward is most effecient, and we have a mechanism to ensure sustainability of these rewarding system

Ronnie K: Which will involve our RagnaVault and NFT sales that helps in future game development and rewards giveaway

Ronnie K: We urge investors to look into our whitepaper to understand more about how our tokenomic works

Ronnie K: http://RagnaMaple.gitbook.io/ragnamaple/

Ronnie K: Done

Gold Rocket | Satoshi Club: Thank you very much for the information about your tokenomics.😊

Gold Rocket | Satoshi Club: It was detailed enough. I suggest jumping to the next question😁

Q4 from Telegram User @iceVermithraxx

I Understood there are 3 categories of NFT’s items in your platform, NFT loot box, NFT land and NFT characters,I would love to know main the role of each of these NFts item.? how can a user own An NFT land? What qualifies a user to be able to own An NFT land? Also Ragnamaple is a play to earn game, do you have maximum number of token a user can earn per day? Also I understand you have two in game currency Zeny and zRMP,why have two in game currency, can these currencies be converted to each other? What are the usecases of these two currencies?

Ronnie K: NFT loot box = bundle of character + weapon/equipment/accessories/item

NFT land = farm and mine (to mine ore for weapon and equipment upgrades)

NFT character = character with random stronger stat

Ronnie K: NFT land will need further elaboration.

Player or investor can buy a land plot which will be part of the metaverse implementation, where owner can tax miner for extracting ores from their land, or tax vegetation from the farm other players harvested

Ronnie K: Farm ingredients are items that will be needed in alchemy, potion creation and so on.

Ronnie K: While different ores are needed to fulfill certain weapon upgrades

Gold Rocket | Satoshi Club: The land will be sold in packs. As far as I understand. What’s the planned starting price?

Ronnie K: Yes we do have maximum token a player can earn per day. But players are always free to continue roaming the continent to fight monsters or even fishing or mining to earn more ingredients, but there is a catch, once the limit is reach, the drop rate for all the activities will drop significantly

Ronnie K: The details of land pricing will only be revealed in December

Jonah 🏅🎹: What is this maximum number set at?

Gold Rocket | Satoshi Club: I will wait for the news. 😊

Ronnie K: Yes, there is 2 in-game currency:

zRMP = more to usage in marketplace and RagnaDex, in which users need to burn RMP (and remove it from the circulation) to convert it to zRMP.

Why doing so? Because you can then use zRMP to entitle up to 20% discount on items selling in the marketplace

Ronnie K: Zeny = standard in-game currency where players can earn from killing monsters, completing daily task and so on.

Player can convert Zeny to RMP and cash out to real world money.

In short, zeny is the main in-game currency that will be needed for most trading activities

Ronnie K: Done

Gold Rocket | Satoshi Club: Thanks for your great answers 😃

Gold Rocket | Satoshi Club: Ready to proceed to the next question? Or want to add something?

Ronnie K: Sure next question please

Q5 from Telegram user @jodasf

I read that Ragnamaple, players travel across continents to fight and collect monsters with great abilities to trade with other players in an open world turn based adventure role playing game built on Binance Smart Chain. so firstly could you tell us, how many types of monsters there are, how many abilities each of them can have and how they differ from each other and secondly and lastly, could you tell us, how many roles there are, what each role depends on, and what does it mean that they are turn based?

Ronnie K: There are more than 274+ monsters available at first (and more to come)

Each monster come with 2-3 skills, they have skills that compliment each other, or even very effective against some other monsters.

Ronnie K: Player can enlist captured monster into the team and use them in different situation, this will help players in some difficult gameplay when human characters won’t be able to perform their best

Ronnie K: For example, there are some bosses that are weak against certain skill, and player will want to capture these monsters to help in the boss fight.

With this system, the game will end up with robust trading of monsters in between players to achieve different goals.

Ronnie K: Done

Jonah 🏅🎹: It’s interesting how you’ve designed this to work

Gold Rocket | Satoshi Club: when is the Marketplace planned?

Ronnie K: Marketplace will have to launch together with the game

Gold Rocket | Satoshi Club: Thanks for your answers ☺️

Ronnie K: As players will need a venue to trade their nfts

Ronnie K: This sticker was supposed to show the wolverine is weak against green slime

Ronnie K: It will slow down wolverine dodge rate, which end up player can defeat this boss with ease

Gold Rocket | Satoshi Club: i dream to play it😁

Gold Rocket | Satoshi Club: Thanks for your answers

Gold Rocket | Satoshi Club: Let’s proceed to the next question

Ronnie K: Sure

Q6 from Telegram user @Cheriemike

You aspire to build a play-to-earn community yield guild through the process of lending in-game assets, introducing forums for players , creating scholarship programs and other activities that benefit the community.So when will all of them be featured on your platform and what do you mean by introducing forum for players?I am very much interested in the scholarship program you will introduce to users in your community,at what specify time will this scholarship program start?Can you tell us more about this scholarship program and what it entails?Will it be open for everyone to attend or will be open to those who hold large amount of $RMP? Will there be any form of KYC to join in your scholarship program Thanks

Ronnie K: In the initial stage, we will be creating the yield guild and scholarship program by having partnership with existing guild in other famous games in this industry ( I believe you guys know what game it is ), we have already received many application for the collaboration, which is a good start to ensure some new players are able to play the game without using their own money from the start

Ronnie K: Player definitely will not need to hold large quantity of $RMP in order to receive the scholarship, as for KYC or not, it really depends on each entities, which we are trying to not interrupt in the process. After all this is a community based project

Gold Rocket | Satoshi Club: It’s great that you give a chance to all players in any pocket.

Ronnie K: Telegram group chat: t.me/ragnamaple

Telegram announcement channel: t.me/ragnamapleofficialannouncements

Twitter: twitter.com/ragnamaple

Part 2 — live questions from the Telegram community

Q1 From telegram User @Ajpaa

Hello Kim Woo-Ming

What are the unique features that distinguishes your platform and gives you competitive advantage over other gaming platforms like StarMon and Axie Infinity?

Ronnie K: If you follow closely about the feedback from other play-2-earn community, reward is the biggest concern at the moment, that is why our approach is to give out massive reward in a sustainable way.

Through the Ragnavault, burning mechanism and NFT sales which you can refer to in our whitepaper.

Q2 From telegram User @AugusS7

It strikes me that they say “tactically challenge your opponents in PvP”, but could you really tell us what strategies can be used in these battles? Will they be referred only depending on the character that the player and his competitor have? Or will there be other factors to consider?

Ronnie K: Players will be able to climb the leader board and earn massive reward the better they perform.

And besides referring to each team member formation, skill selection also play a vital role as each character is only able to equip with 3 skills at one time. Other factor such as different character stat also will affect the result of the pvp.

Q3 From telegram User @Xusuo

im really excited with game Ragna Maple, its looks fantastic game. so where do i possible to buy the NFT and $RMP token ? how about presale and public sale?

Ronnie K: The first round public investors are able to buy RMP is through the upcoming 11th Nov 2021 12pm UTC community presale, where the price per token will be set at $0.01.

The second round investor can purchase more RMP will be through the multi-IDO happening this end of November/beginning of December. In which the price is definitely more expensive compare to our presale.

Q4 From telegram User @Rakshhitx5

What does the Ragnamaple word means?

Ronnie K: I always love this question.

Ragna = Ragnarok Online

Maple = Maple Story

These 2 are some very famous online game back in 20 years ago, which is still trending in certain community and appstore now.

Q5 From telegram User @hmdtadel

What is the RagnaDex going to be used for ? is it going to be only used to swap bnb or busd to $RMP and vice-versa ??

Ronnie K: RagnaDex consist of 2 part:

1. Decentralized exchange to swap between BNB/BUSD/RMP/zRMP

2. NFT marketplace to trade our game NFT, similar to our in-house opensea

Q6 From telegram User @Ratash97

Whats the difference between the various jobs beginner, intermediate and advanced and if we are beginners how can we get the upgrade ?

Ronnie K: The difference will be stronger character with more powerful skill in higher tier.

You may change the job class of your character after you have train them to certain level, for higher tier, certain condition has to be met to be able to change job to even higher tier, such as completing certain mission to unlock that feature.

Q7 From telegram User

Ronnie K: Initially the game will be launched in broswer, so no high end computer is required.

While android version will be ready in February or March 2022

Q8 From telegram User @hansoyeon

I noticed on your website that players can catch monsters and transform them into a stronger form, but will these monsters be NFTs? What can I do to improve the monster, what can I do with this monster in the game after I develop it?

Ronnie K: Yes these monsters are all in the form of NFT once captured.

You can train the monster to higher level and evolve them to even stronger form, similar to the feature of Pokemon.

Q9 From telegram User @Nonerlike

Can I earn a passive income from $RMP? Are there any staking options available for this?? What will be the benefit for holding tokens in long run?

Ronnie K: Well well, there are a lot of benefits for staking RMP, which will be available in december 2021.

Benefit of staking RMP:

1. Earn RMP reward

2. Earn 100% revenue sharing from the fee of RagnaDex and marketplace

3. To be eligible to the upcoming NFT sales

4. Participate in the governance of the game

5. Higher chance of getting rare items in the gameplay

Q10 From telegram User @centoscu

I’m thinking of joining and investing the Ragna Maple project but I’m wondering if it might be better for me to buy and hold the token for a long time or just sell after the next hype so could you please tell me why should I be a holdler?

Ronnie K: This is an interesting question, some of our token features are inspired by Iluvium, in which those who holds and staked the token have end up earning more than x20 in just few months.

We won’t be able to give you the answer, as you are always responsible for your investment decision.

But we can just tell you that, there will only be more utility for $RMP in the coming months, which is part of the reason the team and private sale investors are comfortable with longer vesting period. Because they have great confident in thid project.

Thank you.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Ragna Maple. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

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

Our partners: Ragna Maple Website – ragnamaple.io
Ragna Maple Telegram – @ragnamaple

Over the last few years, developments in DeFi have begun to change the way people think about financial products and services. The success of protocols such as Uniswap and Sushiswap have illustrated the unlimited potential of blockchain technology in bringing exciting innovations to the market. Like any new industry, DeFi still has its limitations. The recent boom in DeFi was more akin to gambling as many activities were driven more from speculation and not based on any real assets or economic activities. This was further compounded by an absence of participation by institutional investors. 

Most likely, this was not due to a lack of interest, but rather because current product offerings do not cater to the needs of these investors which require financial products with different yield and maturity levels. In order to facilitate and bridge this gap, the team at EvryNet aims to create the leading CeDeFi financial service infrastructure in South East Asia and beyond.

1. An Introduction to EvryNet

Evrynet is a layer 1.5 protocol that combines a financial service portal, a contract network, and an accounting and settlement component with a full-service operation with smart contracts at the heart of its network. EvryNet also simplifies third-party integrations by providing SDKs, APIs, and basic financial templates.

The team has designed Evrynet to be an infrastructure that others can readily utilize and easily build their own dApps on. Other than the standard features such as a blockchain explorer (EvryScan), and a wallet (EvryWallet), one of the key capabilities that the team at EvryNet is launching this year is EvryHub – a platform that allows users to transfer tokens across different chains seamlessly (more on EvryNet’s products and services in a later section of the article).

There are four key areas on which the EvryNet team is focusing in the attempt to bring improvements to what’s currently available in the market:

• Interoperability — by enabling Evrynet to work with other blockchain protocols. Initially, Evrynet will support Binance Smart Chain, Stellar, and Ethereum networks, with plans to include other major chains in the next phases of the roadmap.
• Method for consensus — by relying on the Tendermint consensus protocol to enhance the network’s speed without sacrificing security
• Staking models — via the proof-of-stake consensus which will also increase the use cases for the Evry token and economically secures the system
• Transaction fee scheme — EvryNet’s gas fee model is static (Evrynet’s governance procedures make it possible for this model to be adjusted in response to changing circumstances), which allows for costs of using the network to be predictable. EvryNet’s design also allows DApps or enterprises to choose who pays the transaction fee. This is meant to make it easier to onboard new users who will not need to already have a native token

As hinted above, many marvelous features are behind EveryNet’s architecture and design. But before probing deeper and delving into the core of EvryNet’s project details, it’s also noteworthy to get some history and background of the project, by also getting to know the team and the advisors that are making EvryNet a coming reality.

2. The Team Behind EvryNet

The idea for Evrynet came back in 2018 as a passion project of Lightnet, a layer-2 protocol focusing on improving global remittance and payment. The founders of Lightnet saw a need for open-source financial building blocks and see Evrynet becoming a critical piece in creating a CeDeFi ecosystem and liquidity network.

In 2019, Evrynet started developing its layer-1 and layer-2 protocols jointly with Stellar and Kyber Networks with the goal of providing a platform to build smart contract solutions with no boundaries and to offer interoperable CeDeFi services to achieve the future of financial inclusion and financial mobility. It was under the vision and steel-clad experience of Chatchaval Jiaravanon and Tridbodi Arunanondchai (Co-Founders and, respectively, Chairman & Vice-Chairman at EvryNet both of whom have built several companies and crypto/non-crypto startups) that Evrynet got its start. The pair of them were instrumental in building and recruiting the team that constitutes the core of Evrynet today.

Many experts and specialists are leading the development of EvryNet’s products and features. Among them, in the Development department:

• Korapat (MBA at Georgetown University, entrepreneur and ex-VC)
• Suvicha (CPO, previously head of innovation, solution, and enterprise architecture at major bank in Thailand)
• Chatchai (Head of Engineer at EvryNet, manages the technical team and has invaluable expertise as a blockchain solution architect in previous leading corporate and financial institutions);

The pedigree of the professionals that are handling and developing EvryNet’s business side is just as remarkable

• Soon (founded and worked at several micro-finance startups in Asia);
• Matana (EvryNet’s Head of Strategy, ex-IB, and planning at a leading property developer);
• Karan (EvryNet’s Head of Finance, 13+ years of experience as a strategic and financial consultant at several leading banks and private credit platforms);
• Athi (EvryNet’s Head of DB, ex-VP of payment solution and business innovation at a major bank).

EvryNet’s team is comprised of people from diverse and synergistic backgrounds (technical & commercial experience in crypto, fintech, and investments). That’s also a guarantee of the project’s solid roots, foundation, and commitment.

Advisors and Investors
In addition to an AAA+ team, the project is aided, guided, and supported by first-class figures in the fintech space:

• Mike Kennedy and James Wu from Velo (formerly Inter/Stellar), 
• Loi Luu and Victor Tran from Kyber Network
• Jed McCaleb and David Mazieres from Stellar

providing invaluable blockchain technical insight and expertise.

In addition to the élite consultants and strategic advisors mentioned above, EvryNet also boasts

• an exclusive advisory partnership with internationally renowned Professor Robert Townsend of MIT. 
• as well as the unique support of Paul Veradittakit from Pantera Capital and John Ng Pangilinan from Signum Capital – the latter having helped immensely with connecting EvryNet to key investors, by leading a private investment round which saw participation from several leading institutions and SEA-based family offices.

It’s easy to perceive the tremendous potential behind EvryNet’s human capital. But, lo and behold, it doesn’t stop here. What’s EvryNet’s value proposition? We’re going to answer that question next.

3. EvryNet Features

Evrynet was built from the ground up as a fork from the Ethereum network; utilizing Tendermint Consensus protocol for Proof of Stake over Proof of Work, and the Solidity-inspired smart contract engine at its core. Evrynet uses micro-banking services on an interoperable smart contract platform that is reliable, scalable and focuses on providing a network that is ready to face any potential regulatory challenges through a well-structured platform focused on trust, governance, and audibility.

Evrynet’s SDK, APIs, and financial products and services templates enable anyone to be able to compose or customize smart contracts without needing to know any complex programming knowledge beforehand. Organizations or users developing (or using!) Evrynet can utilize the platform’s verification process to increase users’ trust and confidence in the network, as well as allowing potential new users to discover other applications through Evrynet’s network. In particular, EvryNet’s characteristics will allow for high speed & security coupled with a transparent, reliable accounting and settlement layer.

Speed and security
EvryNet is built around Tendermint. Within EvryNet’s contract network, users will be able to specify their preferences in terms of whom they allow to see and execute their smart contracts in order to preserve confidentiality and reliability. Similar to real-world contracts, users may want only specific people involved in the deal to review contracts or trusted nodes in the network.

As there might not be a sufficient number of nodes to run the specified smart contract, Evrynet will intelligently select one or more qualifying nodes to execute a smart contract according to user preferences relying upon the reputation score of individual nodes. This reputation score will reflect the node’s assets, liability, and availability. The score will be used to infer a node’s capability of honoring the contracts and safeguarding the transaction. And while in the beginning, EvryNet’s trusted institutional partners will serve as the initial nodes of the network, as the project’s development progresses and the network grows over time other stakeholders will be allowed to join.

Accounting and settlement
Another feature of Evrynet that’s important to highlight is the accounting and settlement component. This will provide the final settlement network where assets are exchanged in real-time among relevant accounts as well as a non-reputable ledger of actual asset transfers. The ability to trace all asset movements associated with each account at any moment on a distributed ledger will allow for transparency with audits, which in turn improves trust in the network.

Furthermore, Evrynet will have the ability to transfer real-world assets or their digital equivalent using cryptocurrency within a matter of seconds and with a minimal fee, thus helping to bridge real-world assets/yields to DeFi.

4. EvryNet Products & Services Highlights

The team at EvryNet is working to bring a comprehensive, seamlessly integrated suite of products that includes EvryHub, Evry.Finance, EvryWallet, EvryScan… while more are yet to be announced. While all of them are unique and feature-worthy, in this article we’ll be focusing and showcasing the first two (EvryHub and Evry.Finance) as the most-awaited, innovative products of EvryNet’s product line.

EvryHub
One of Evrynet’s most prominent features is Evryhub. This critical component is at the heart of Evrynet’s cross-chain interoperability with other blockchains; it acts as a bridge between the Evrynet ecosystem and (eventually) the entire crypto space — truly “Evry Network”. Evryhub’s 2.0 release is intended to support ERC-20 (Ethereum), BEP-20 (BSC), and Stellar’s native token, XLM.

Now you might be wondering: “Why did you pick these three ecosystems… and why Stellar?”. As stated by the team, the first two picks were a simple decision, as both ERC and BSC are the de facto most popular platforms in the crypto space. And when questioned about the choice of Stellar XLM in a recent AMA, the team answered: 

“ […] a lot of untapped potential with their core community so we’re excited to see what opening up DeFi for XLM hodlers will result in eventually. It also helps that we have a close partnership with Stellar, but that partnership grew after we’d had a look at the market and did our due diligence on the available technology, not the other way around […]”

Sounds great…but how does EvryHub work?
Evryhub uses the concept of relay servers. When a user transfers a digital asset from one chain to the other, the system will lock those digital assets from the originated chain and release the digital asset in the system’s reserve on the designated chain. In the event that there are not enough tokens in the reserve for the amount of token to be transferred to the new chain, Evryhub is designed to draw the necessary token from Evrynet’s decentralized exchange, Evry.Finance. It is also important to note that Evryhub is using a non-custodian approach for digital asset conversion between chains.

Evry.Finance

Scheduled towards Q4, Evry.Finance will bring Order Book capabilities as well as Smart Order Routing.

Besides being a proof of concept product for what can be built on Evrynet, Evry.Finance design has been conceived from the ground up with a focus on bringing institutional investors into DeFi with a simple to use yet feature-rich platform that addresses three key pain points which prevent institutional investors from joining the DeFi movement, namely:

• The conversion of fiat into stablecoin

Through a service that provides easy access to on-chain collateral, institutional investors will be able to convert fiat into stablecoin and back without going through traditional centralized exchanges or OTC services. This will enable them to reduce the risk of slippage during the exchange as well as allow them to be able to convert large amounts of currency almost instantaneously.

• Long-term, stable yield

You can see this as a natural response to global, real yield for bonds that is approaching zero, which has created an urgency for institutional investors to seek alternative assets to invest in and diversify their portfolios in search of higher yields.

• Tokenisation of real-world assets

Another exciting feature that Evry.Finance is trying to make a reality is the tokenization of real-world assets — e.g., utilities, real estate, and infrastructure. This is meant to enable institutional investors to earn both long-term and fixed yield rates on their stablecoins in some interesting portfolios they would otherwise not necessarily have had access to. The team has promised more information on this exciting feature in the next future. Evry.Finance’s will be initially integrated into Binance Smart Chain (BSC). Subsequent integrations will follow on several additional chains including Ethereum and, obviously, Evrynet’s Mainnet, whose launch is planned for early 2022. 

The Evry.Finance platform will use a combination of Automated Market Maker (AMM) and Dynamic Market Maker (DMM) for exchange and liquidity pool management (DMM is an exciting innovation that is more capital efficient than AMM and slippage can potentially be up to 100 times better than AMMs for more stable pairs). Integrating DMM will allow the Evry.Finance product to implement dynamic fees and a programmable pricing curve with the inclusion of a customizable amplification factor. Moreover, for Evry.Finance’s initial launch, traders will be able to exchange between a list of common coins/tokens, participate in liquidity pools, and yield farm to be also rewarded with $EVRY tokens. As roadmap milestones are hit, more functionality and features that address the needs of institutional investors will be complemented and integrated into the Evry.Finance platform (features such as a multi-sig wallet, compliance section/report, corporate log-in, etc.)

And, still, there’s much more that’s in the works… we won’t give away the store and spoil the fun of checking out EvryNet’s official articles – after all, that’s the best way to keep updated with the project’s continuous progress – but I’ll leave a hint here: it starts with “s” and ends with “ynthetics”. Got it?

5. Token ($EVRY) and Tokenomics

Here’s some synoptic information about EvryNet’s native token $EVRY:

➡ Token symbol: EVRY

➡ Max Supply: 1,000,000,000 EVRY

➡ Token Type: ERC20 & BEP20

➡ Token Contract ERC20: 0xd7dcd9b99787c619b4d57979521258d1a7267ad7

➡ Token Contract BEP20 : 0xC2d4A3709e076A7A3487816362994a78ddaeabB6

➡ Currently listed on MEXC global, Gate.io, PancakeSwap and KyberDMM

$EVRY is a utility token for the Evrynet ecosystem and, as such, owners of the token will be able to enjoy many benefits. Among these, $EVRY will be used as:

• Gas fee for dApps and DeFi projects on Evrynet
• Base token for liquidity pool (yield farming)
• Base token for swaps on decentralized exchange
• Base collateral and asset for lending
• Collateral stake for validator nodes
• Delegated voting on network governance
• Block reward for validator nodes

As for the token allocation & distribution:

• 30% of $EVRY’s total supply will be reserved as Ecosystem, Block Reward, Gas Reserve, and Marketing Reserve
• 10% will be allocated to Advisors and Partners
• 10% is reserved for Early Backers
• Another 10% for Private Sales
• 3% for Listing
• 4% for Liquidity Provision
• 15% is allocated as Reserve Fund
• And a final 18% as Team and Foundation Allocation

6. Roadmap

In 2020 with the help of teams from Inter/Stellar and Kyber Network, the EvryNet team was finally able to launch Evrynet 1.0, which allowed for cross-chain support between ERC-20 and BEP-20 (Binance Smart Chain) tokens and was well underway to enable a solution for Stellar format tokens which has been part of the team’s driving effort in 2021.

That’s the past … and the team has quite a lot in store, just as showcased by the product roadmap below: 

While version 1.0 of EvryHub and Evry.Finance have already both been launched, there are many more exciting releases coming up in the very next future and that are worth highlighting for the nearing Mainnet launch:

Evrynet 2.0: An improvement on the 1.1 release supporting an update to the Tendermint Consensus engine and some performance changes to Evrynet Core.

EvryScan 2.0: An overhaul of our blockchain explorer which won’t be the last iteration that will be implemented, but will bring a desirable, enhanced performing upgrade!

EvryHub 2.0: Expanding on the first cross-chain success with the 1.0 release, v2.0 will include Stellar format token support (initially XLM coin).

Evry.Finance 1.5: Scheduled towards Q4, will bring Order Book capabilities as well as Smart Order Routing

Also, EvryNet’s LaunchPad, Smart Auto Routing functionalities, and Mobile Compatibility features are just around the corner, while EvryNet’s Testnet has paved the way for Mainnet’s preparation launch in early 2022!

7. Conclusion 

Backed by leading and reputable investors and partners in the industry, EvryNet has all the papers in order to snatch its fair market share as an upcoming competitor in the Centralised/Decentralised Finance niche. The team’s mission – geared towards simplifying developers’ experience and enabling businesses to get on board the CeDeFi ship – could bridge a gap and a market need that still has many voids to be filled. This is built upon the central confidence that traditional institutions won’t be going anywhere (at least, not anytime soon) and that a project like EvryNet can be the link between DeFi and Centralized financial networks. 

If we add to the mix a competent, experienced team led by deeply passionate, reputable founders like Chatchaval and Tridbodi, then the formula has all the key ingredients that could make EvryNet a truly successful project – definitely one worth keeping an eye on as we move forward an explosive Q4 in the crypto space and beyond.

8. Community and Social Channels (as of November 9th, 2021)

EvryNet’s Website

For everything you need to know about EvryNet, visit the official EvryNet’s Website.

EvryNet’s Telegram

Join the conversation on Telegram to stay in the know about EvryNet. 

EvryNet’s Medium

To keep up with the latest updates from EvryNet, follow them on their Medium.

EvryNet’s Twitter

Get in touch and social with other members of EvryNet’s community. Join the community on Twitter. 

Legal Disclaimer

Both Satoshi Club and the article’s authors are not providing readers any individually tailored investment advice. The article does not constitute financial advice. The material is for educational purposes only and Satoshi Club nor any of its authors are responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from ASPO World, a tactics-driven mind game among players designed exclusively on the blockchain platform, inspired by the open universe of the game Tien Hiep. The AMA took place on September 5 and our guests were Shayne Nguyen (Founder) and Bich Nguyen (CBO and Co-founder).

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

---

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Andrés M. | Satoshi Club: Hello dear community, welcome to another chapter of our AMA sessions. We are glad to introduce you ASPO World. An amazing gaming project. Our guest are @callmeshayne and @bichnguyen203

Shayne Nguyen: Hello everyone, I am very pleased to be here tonight to introduce you to ASPO World.

Bich Nguyen: Hi guys, It’s our pleasure to be here today to introduce you about ASPO.

Andrés M. | Satoshi Club: Well, as usual we want to know who are behind the project. So, @callmeshayne and @bichnguyen203 please give us a short introduction about you.

Shayne Nguyen: I’m Thong Nguyen, founder of ASPO World and I’ve also been an entrepreneur for more than 3 years. I specialize in Finance and quickly saw the potential of GameFinance and Play to earn game model two years ago. I’m also the Founder of Edubox and CaBo Capital.

Bich Nguyen: My name is Bich and I’m the Community Advisor of ASPO World. I’m also the CBO and co-founder of Phenikaa MaaS. Currently, I’m in charge of promoting ASPO World and pitching the project with large funds.

Andrés M. | Satoshi Club: So, let’s talk about the project, what is the essence of ASPO World and what was the inspiration to create it?

Bich Nguyen: Just over the last two years, we’ve noticed the growing interest in GameFi (NFT games), following the footsteps of digital assets. And since we have such a strong backer as a game producer, we decided to turn one of the games there into blockchain-based game for the community to enjoy.

Q1 from Telegram User @SanoMario

Could you mention how much investment would you have to make to start playing AspoWorld? According to your experience, which of the three Fighter / Hunter / Witch characters would be the best option to start playing ASPO? Do you plan to add more characters in the future and would it be prepared for the entry of new users and not collapse like it has happened on other platforms?

 Bich Nguyen: In order to join ASPO, you gotta buy 4 characters (NFTs), price would be 100 ASPO/NFT. We will announce it soon, don’t worry it would be affordable. Each character would have their own strength, it depends on your favorite characters. We’re planning to launch a series of game, not just one game. The ASPO token would be used for the whole series of game.

Andrés M. | Satoshi Club: Where we can buy ASPO tokens to use the platform?

Bich Nguyen: You can buy on Pancake Swap. Besides, we’re discussing with big exchanges, the name is going to be announced soon. https://coinmarketcap.com/currencies/aspo-world/

Q2 from Telegram User @Jmagsss

Based on the gameplay, Aspo World will have a daily attendance check for each player. It involves a “0.2-0.5-2” rewarding system, 0.2 tokens given daily, 0.5 during Saturdays and 2 token will be given monthly. Can you discuss the specifics of this attendance feature like, what time within the day should comply with the attendance? Also, is there a required activity to do to determine that a certain player is really online and in the game? Lastly, for how long will this feature run? How would you manage the amount of tokens to be given for this particular reward system to all of the players in terms of long term run? Does Aspo World have sufficient token supply for this feature?

Bich Nguyen: If players want to earn more money, they can fight each other through PvP.  A “fair” form of competition is based on “bans and picks”, which is similar to league of legends and players can choose a suitable squad to defeat the opponent. Players can earn tokens through those PvP battles.

Shayne Nguyen: We will balance the token reward based on its value to balance the issuance. Don’t worry I have a budget and strategy for this job.

Andrés M. | Satoshi Club: There are different missions or tasks to earn more rewards? I mean, what is the better way to increase the rewards?

Bich Nguyen: The mechanism of making money in the game is through basic tasks such as “daily attendance”, hard-working players logging in every day can earn ASPO very easily. In addition, players do in-game tasks to earn tokens. However, making money based on “daily activity” will be limited to a certain number of tokens. If players feel OK after earning tokens from the daily tasks, they can stop and wait until the next day.

Shayne Nguyen: We have daily quests for rewards. PvP competition for token rewards. In addition, you can also go clones to hunt for precious NFT items.

Q3 from Telegram User @Ajpaa

Players can sell rare NFT items like Character, Fragments of Spirit, Lucky Charm and equipment in the NFT Marketplace. What is the difference between the rare and elite qualities of Character and Spirit NFTs? How are these rare NFTs obtained by players? How is the price of these rare NFTs determined in the marketplace? Finally, what is the uniqueness of your marketplace?

Bich Nguyen: Yes, players can sell NFTs on marketplace to make profit. The rare items would be stronger. Players can get these NFTs via hard activities, the value of these NFTs was evaluated by players. The uniqueness of ASPO is that you can sell these NFT or do rental or join other game in ASPO game universe.

Andrés M. | Satoshi Club: What is the rarest one?

Shayne Nguyen: Character with mystical qualities are the rarest.

Andrés M. | Satoshi Club: Great. Btw, you told us that you are creating more games, could you tell us more about it? what kind of games are coming? And please share us your roadmap to check it in detail.

Bich Nguyen: Roadmap:  We will do the INO and IDO next month. The day after that we will launch the game and the marketplace.

The first and second quarters of next year will be when we launch a tournament for ASPO for gamers to connect more and show their tactical thinking. At the same time, we will soon announce the next game in the ASPO game universe. We will launch a separate side-chain for the project Q3 and Q4 of next year.

Shayne Nguyen: first we need to launch ASPO World and make it stable. Then the next game will prepare. We have 4 game studios in Vietnam and have a list of available games, launching the next game will be very simple. It could be ASPO Soccers, ASPO Trike…. etc.

Q4 from Telegram User @chinyere2020

“ASPO World has for itself a large number of spirits which are divided into many different quality levels, respectively; Common(Green), Rare(Blue), Elite(Purple), Ascension(Pink) and Legendary(Yellow). Spirits are also divided into 4 groups based on their properties and abilities”. Can you mention the 4 groups and the properties/abilities which determine the group and quality level in which a spirit belong? Can you users upgrade the level of their spirits? If yes, what are the ways through which users can upgrade the level of their spirits?

Shayne Nguyen: Yes, there are many different types of champions, to upgrade level 1 spirits to level 2. you need to have 2 level 1 spirits to upgrade. The upgrade will have a certain failure and success rate. If successful, the spirit will level up. If you fail, you will lose 1 spirit. Tip: you can use lucky charms to increase the success rate.

Andrés M. | Satoshi Club: Could you share some images of the live game? we are excited to check the graphics.

Shayne Nguyen: https://t.me/Satoshi_club/1256732

🔮ASPO World is a tactics-driven mind game among players designed exclusively on the blockchain platform, inspired by the open universe of the game Tien Hiep. By joining the game, players can engage within a broad and fascinating world while earning money through skilled gameplay and ecosystem contribution.

✨ASPO World opens up world-class 3D graphics with an appealing character system based on the Japanese chibi style. From the background to the spirits or characters, they all have their unique charisma and peculiarities. Additionally, when players interact with the game’s features, ASPO also brings stunning battle effects, eye-catching skill effects, and a plethora of other effects.

🔆Participating in battles, gaining experience, and upping their level can earn money and get attractive rewards.

👉 Join our community now:

 Twitter (https://twitter.com/AspoWorld) | Website (http://aspo.world/) | Fanpage (https://www.facebook.com/aspoworldgosu) | Youtube (https://bit.ly/3yREGky) |Tiktok (https://www.tiktok.com/@aspoworld?) | Telegram (https://t.me/joinchat/PjbO1XlvWgw3ZWY9) 🌏 | Telegram (https://t.me/joinchat/ZwNna10g7TY2ZTc1) 🇻🇳| DisCord (https://discord.gg/jSBVJcBTJA)

Q5 from Telegram User @Orlemys

You will be having your Whitelist on GameFi Aggregator. Please explain what is this collaboration about, and what does it entail for new investors and veterans in the community? How will it work, how can we join? Will there be any restrictions, or any special requirements to enter? If so, please let us know, thanks!

Shayne Nguyen: GameFi is both an investor and a project guide to success. They are also a very good partner. We are discussing with some of the leading investment funds about accompanying the project. I think the requirements when participating in this IDO/IGO event are not too difficult and anyone can do it. Please refer to gamefi.org for more information on participating. We just extended our whitelist to 11/14, so there’s still a chance.

Andrés M. | Satoshi Club: Thanks for the answer, before proceed with the last question of this first part of the AMA please tell us about the security aspect, have you done audits? which results did you have?

Shayne Nguyen: We plan to audit at leading companies. This will be announced to the community soon. Don’t worry because if you read the whitepaper carefully, we are good programmers and can be assured of the security factor.

Q6 from Telegram User @Cheriemike

I noticed that ASPO IGO will be held in GameFi and RedKite on the 7th of November, but currently you are having a Community Pool going on. Can you share details on how Satoshi Clubbers can join and when it will end? Will there be any form of KYC to join your Community Pool? In your IGO, there are two pools in each of the designated place your IGO will happen, can you tell us the amount allocated to each pools? At what price can users get $ASPO? How many tiers will you have on those pools and what are their requirements? Will there be any whitelisting? Please provide more details about your IGO and if there are countries that will not be able to participate in it please tell us. Thanks

Shayne Nguyen: Currently, we and gamefi have just announced that we will move the IGO/INO date back to 11/14 to best prepare for the community. Redkite and gamefi split into 2 pools. Players are required to follow their instructions in order to participate. The best answer is to go to gamefi.org for detailed requirements and can follow because this is gamefi and redkite rules of the game.

---

PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

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

Q1 from Telegram user @HeyBabys7

…

Bich Nguyen: We are running on BSC and will then consider further development on some other good enough platforms. We will be launching staking and farming soon. Stakers may be rewarded with NFTs and can sell them on the marketplace.

Q2 from Telegram user @Borovai80

According to the ASPO World Roadmap, there will be a tournament in Q1 2022, the first tournament of ASPO. Can you tell us how will this event work? What’s going to be the main goal of the tournament? And will there be rewards?

Shayne Nguyen: This event will take place in a pick and ban format similar to league of legends. If covid-19 continues, it is likely that we will organize an online competition and the winner will receive ASPO tokens with rare NFT items.

Q3 from Telegram user @Phunsuk9999

If I am Interested in playing the Game than Can you tell me On which devices I can play, Is the ASPO app is compatible on Android and iOS operating systems?

Shayne Nguyen: Our game is mobile game genre. It will be available on both Android and iOS operating systems. We also make a PC version for all gamers who want to play our games. Convenient, right?

Q4 from Telegram user @Ishan1_7

I noticed that the ASPO launch has yet to be scheduled. Would you please tell us when the ASPO will be available?

Shayne Nguyen: Marketplace and game will be ready by the end of November. Everything is ready to explode. Hope you will stick with our game.

Q5 from Telegram user @NTHoang98

Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiration for approaching this name?

Bich Nguyen: Each of the letters in ASPO has its own meaning behind.

– A (Asia) is where Viet Nam is based and we want to prove that Asian countries can compete in this newly-emerging field and will achieve success the same way Axie Infinity (also known as a game of Viet Nam) did.

-S: this S is actually how Viet Nam looks on the world map. Viet Nam is a small country with the shape of an S and we want people to be familiar with this icon in the future.

-P (Pacific) describes how peaceful the ASPO Community can be and we all together will bring peace and joy to the world of NFT games.

-O (Opportunity): players entering ASPO is actually giving us and themselves an opportunity to have fun while make some money with ASPO. We want this to be a place for both entertainment and economic progress.

Q6 from Telegram user @IntidraK

NFT games can be difficult for many traditional players to play.  How can your project attract more traditional players?  Do you plan to educate yourself about the benefits of NFT games?

Bich Nguyen: All ASPO now and future games are for those interested in crypto (both gamers and non-gamers) Non-gamers can become long-term investors as we will develop a game universe. At that time, ASPO token will be very valuable.

Q7 from Telegram user @highpee

According to you, players needs 4 characters in order to join ASPO games. What if a player has less than 4 characters? Does it mean it is not sufficient to start the game? And where will these characters be bought from? Will it be available on external marketplace or are you going to have your own marketplace?

Shayne Nguyen: Players can still start with a smaller squad, but the power will be reduced and the win rate will be reduced. To participate in the game, you will have to join INO to buy mysterious box items. Or go directly to our marketplace to buy normal quality champions and start the game. We recommend having a squad of 4 spirits, but if you want, you can still use less.

Q8 from Telegram user @adamsari30

I usually play games with other people and form clans or guilds to find strong friends, does ASPO WORLD have a feature for that? is ASPO WORLD already on playstore? how to get income can I earn because I don’t have much money.

Bich Nguyen: We have rental NFTs program for players who don’t have much money at the beginning, or you can buy our tokens in early stage to make profit when selling it.

Q9 from Telegram user @Orlemys

On your website, you let us know that every player’s purpose is to embark on a journey to become the King of Sorcerers. Does this mean that the game has a natural ending, or will there be more challenges once we reach that position?

Shayne Nguyen: This is inspired by our favorite Sorcerer King series. However, this game is an open game with a huge mindmap. The community will be the one to decide the development of the game. We have a comment feature. Every 3 months we will review the comments of the community and open 1 vote, if there are many votes we will develop according to the community’s opinion. And there will be rewards for those who contribute good ideas. We prioritize community contributions.

Q10 from Telegram user @Hunluli8

Do you have an AUDIT really good certificate or are you working to AUDIT your project to make it more secure and reliable?

Bich Nguyen: Yes, after the listing date, we’ll partner with CertiK. It’s one of the best auditing firms out there.

---

PART 3, QUIZ AND INFO

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

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

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

Our Partners:

Twitter (https://twitter.com/AspoWorld) | Website (http://aspo.world/) | Fanpage (https://www.facebook.com/aspoworldgosu) | Youtube (https://bit.ly/3yREGky) |Tiktok (https://www.tiktok.com/@aspoworld?) | Telegram (https://t.me/joinchat/PjbO1XlvWgw3ZWY9) 🌏 | Telegram (https://t.me/joinchat/ZwNna10g7TY2ZTc1) 🇻🇳| DisCord (https://discord.gg/jSBVJcBTJA)

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 DeFly Ball and our guest, @Murray_DFLY. The AMA took place on the 8th of November.

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 ❤️ We are pleased to announce the AMA with DeFly Ball! Today our guest is @Murray_DFLY.

Andrés M. | Satoshi Club: @Murray_DFLY, welcome to Satoshi Club!

Murray: Hi there, thanks for inviting me. Hope everyone is doing great.

Gold Rocket | Satoshi Club: Nice to e-meet you! We are really excited about the upcoming AMA with you 😁 Thanks for joining 😊

Murray: I am glad to attend this AMA. Lets start with the AMA everyone is waiting for.

Andrés M. | Satoshi Club: We are glad to have you here. Of course let’s proceed! 😃

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get involved in crypto and DeFly Ball? Please tell us about your position in DeFly Ball 😊

Murray: I’m Murray Marderosian – CEO of DeFly Ball. I have been in the blockchain field for more than 5 years and also working as a business analyst in public and permissioned blockchain projects in the crypto industry. Now I’m working on this project to make the dream come true!

Gold Rocket | Satoshi Club: Great background for great business 👌

Andrés M. | Satoshi Club: That’s the way to reach the dreams, crypto is becoming part of the common life.

Murray: Yes, everyone’s dream.

Gold Rocket | Satoshi Club: Give us a brief introduction of the project. What is the essence of DeFly Ball?

Murray: DeFly Ball is the first-ever FlyBall dogs metaverse racing game on BSC! We proudly introduce DeFly Ball, a virtual NFT-based play-to-earn game. It is an amazing, captivating real-world competition transformed into a virtual world where users can own, train, feed and trade their Super Dogs.

DeFly Ball is a journey of dogs that train to become race-ready athletic. The reason for the name of this play-to-earn platform are DeFly collectibles. Users can collect non-fungible tokens (NFTs) which they can sell, create or rent on DeFly Marketplace. We are sure that your journey as a DeFly user is going to be riveting and rewarding.

Gold Rocket | Satoshi Club: Indeed 😊 Also, we would like to know more about your team. Who is on the project team core?

Murray: The team is the essential part of the project, so we have an energetic managing and developing team for DeFly Ball. We can proudly say that our team is one of the best in the crypto industry. They have been working on a variety of projects, including gaming and Dapps projects. Our team has energetic lead developers named Dustin Holguin and M. Abdullah, that have worked on many projects in the crypto industry, including blockchain. Trevor Jung is an experienced business developer of DeFly Ball. For more details regarding the team of DeFly Ball, please visit https://deflyball.com/#team.

Gold Rocket | Satoshi Club: Thanks for sharing. It’s a really amazing dream team 🤩

Andrés M. | Satoshi Club: Interesting concept, do you implement virtual reality? Btw, for how long have been you developing the project?

Murray: Thanks, right now we are going with the 3D model concept to give the users a more detailed experience of the use of game play. We have started working on the initial concept in middle of the quarter 2. Our team is working hard, day and night, to bring the best product to its community.

Gold Rocket | Satoshi Club: Yes, and you are making a very high-quality product 😁👏👏👏

Murray: Thanks.

Andrés M. | Satoshi Club: Congratulations to your team, you have created an innovative and strong project 👏

Gold Rocket | Satoshi Club: Thanks for the great introduction, we have several questions which were selected for the 1st part. Ready to start?

Murray: Yes sure!

Q1 from Telegram user @chinyere2020:

There are various types/categories of Super Dogs Characters in DeFly Ball. They include: “Elite”, “Legendary”, “Exclusive” and “Sprinters”.
Can you list some examples of dog characters that are in each of these categories? What are the specific features of each of the categories of Super Dogs Characters in DeFly Ball?

“After they perform heavy training, feed your dogs with nutritious food that will boost their motivation and strength”. Can you explain how users/players can feed their dogs? Are there specific foods for certain purposes or certain categories of Super Dog Characters?

Murray: There are total 10 Dog Breeds in the game initially and we will be introducing more interesting characters in the DeFly Ball game.

There are 4 rarity levels of Super Dogs:

• Elite: 2
• Legendary: 3
• Exclusive: 4
• Sprinters: 5

The key attributes/features of the Super Dogs Characters are the following:

• Training level
• Temperament
• Intelligence
• Stamina
• Speed
• Agility

There are 4 different training zones and each has a certain level. Completing each training session requires some energy level for the super dogs to upgrade their skills and other features mentioned above. Food kits and other energy booster kits will be available on marketplace for users to buy with DEFLY tokens.

For the last part of the question, currently we have 5 food kits available and more will be introduced soon. Food kits will be used for a certain feature of the dog, e.g. Jarvis: to increase stamina.

To know more about the food kits and how to use them, visit our medium channel shared below: https://deflyball.medium.com/.

Andrés M. | Satoshi Club: Thanks for the complete answer, ready for the next one?

Murray: Yep.

Q2 from Telegram user @Pavel_Jarosh:

A specific feature that is implemented by DeFly Ball is the NFT renting system. Please explain how it works and what advantages does it bring to those who would like to benefit from it? Could you also compare the pros and cons between owing and renting NFT on DeFly Ball?

Murray: The concept of renting NFT will be launched by DeFly Ball for the first time. So a short idea about NFT renting, it is the process of renting an NFT for a specified period. A tenant can rent an NFT by negotiating a suitable amount with the NFT owner and then returning the rented NFT to the owner after a specified time. It is a smart way of taking advantage of the DeFly NFT Marketplace.

The advantages of renting a NFT is that if a user wants to play a game with an elite dog character and can’t afford to buy the character, he can rent it from any other seller from the marketplace for a certain time period and get benefits from well trained and high level characters.

Using these characters, users can earn rewards and give back the rented NFT back to its original user.

A disadvantage is that if you have rented your NFT, you won’t be able to use that for a defined time-period. The owner has to provide the authentication credentials to the tenant which risks the credibility of NFT.

Here’s a detailed guide about NFT renting on the marketplace shared to clear all the queries from the questions: https://bit.ly/3mVRVhw.

Gold Rocket | Satoshi Club: Thanks for your great answers!

Murray: Thanks.

Gold Rocket | Satoshi Club:This is a great guide, I think Pavel can easily figure it out 😁

Andrés M. | Satoshi Club: Satoshiclubbers, don’t forget to check the guide👀

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

Murray: Yes sure.

Q3 from Telegram user @JesusFre1tes:

DeFly Ball has a total supply of 100,000,000 DEFLY tokens, a considerably high amount. We have seen cases of projects failing because they lack an efficient token buyback or burning system or a poorly proposed inflationary model. In the case of DeFly Ball, what decentralized economic strategies have you created to avoid depreciation of your token over time? Is your token inflationary or deflationary? Does it have an embedded buyback or burn mechanism? What do you have to comment on this topic?

Murray: Another good question.

Our team is working to create an efficient burning system, as we know that we have a high amount of total supply for the DeFly Ball token. We have allocated some % for burning and buybacks from the total supply. Tokens will also be distributed while playing games in terms of incentive and rewards.

More details on this will be share soon.

Gold Rocket | Satoshi Club: Thank you very much for the answers and clarifications 😊

Murray: The future plan is to add more dog related games into the system. A complete dogverse for the users and other interesting features will be announced.

Andrés M. | Satoshi Club: Could you share us more details about the tokenomics? Current market cap for example.

Murray: Here is the link to token metrics: https://drive.google.com/file/d/1E3ueLIjLfwQ1otBq7c7KP3352O324SHj/view?usp=sharing

Gold Rocket | Satoshi Club: Great 👌 Let’s proceed with next question 😊

Q4 from Telegram user @yellowchamp:

On the first quarter of 2022, DeFly Ball will have its token staking and reward system and plans on collaborating with some gaming firms. So, could you share an advance overview about your token staking and reward system? What will be the highest APY offering of your staking program? Considering that staking is so common, how would staking in DeFly Ball give a better income for stakers? How is your reward system implemented and what will be its mechanism? As you plan to collaborate with some gaming firms, can you tell us a hint on what gaming platforms you plan to partner with and why? Any advantages you see for the chosen gaming platforms you plan to collaborate with?

Murray: Another very good question. As expected, the token staking and reward system will be introduced to the users after TGE. The main concept is to get rewards in terms of gems and points as a passive income. Users will get different rewards stacking DEFLY tokens: like Food Kits, Tickets for Tournaments, Gems, Super Dog Characters and other in-game items. There will be some time frame (lockups) to stake tokens. For more details stay tuned on our announcement channels.

Gold Rocket | Satoshi Club: Thanks!

Andrés M. | Satoshi Club: Have you established the APY for staking?

Murray: Not at the moment.

Andrés M. | Satoshi Club: Got it, so please share with us your roadmap. Which dog races are you planning to implement?

Murray: Yes sure, there are 3 modes of game play in our game:

• Bot
• Face off
• Tournament

We will be starting with the Bot and the Face off mode first and introduce different levels in these 2 modes.

To check our road map here is the link to our deck: https://bit.ly/3mTcgE1

Andrés M. | Satoshi Club: Let’s check it Satoshiclubbers, a lot of interesting info there!

Gold Rocket | Satoshi Club: Thanks for sharing 😊

Andrés M. | Satoshi Club: Well, I think we are ready to proceed with 5th question.

Q5 from Telegram user @onlyjahshlp:

In DeFly Ball, I noticed that three referees are appointed to three different positions, in order to maintain check and balance throughout the game, Sir Hagrid, Sir Mark and Sir Humphrey. Can you tell us more about their position in the game? What are the other responsibilities of this referees? What qualify these people to become a referee? Who is the highest among the referees or are they in the same team?

Murray: All the referees are on the same level and each has given the role to evaluate according to the game rules. Sir Hagrid will be on the duty to check if the super dogs’ jumps are fine and up to the standard. Also, Sir Mark will be checking the ball picking from the box. And Sir Humphrey is on the duty to announce the results of winners of the rounds.

Andrés M. | Satoshi Club: Btw, is there another way to join the project? I mean, do you have any ambassador program to attract new members?

Murray: If you are talking about the referral system, it’s not active yet.

No we don’t have any ambassador program right now, but we can do this in the near future.

Andrés M. | Satoshi Club: Gotcha, thanks for the clarification 😃

Q6 from Telegram user @Lena_V10:

Something that caught my attention is the Food Pantry of your game. Can you explain to us what is it? What is its role in your game? Will there be any additional fees before entering the Food Pantry? Will the Food Pantry also come under your metaverse application or will there be any separate section in your marketplace to purchase the products? Does each food have separate potential or function? Since each dog has its own skills, will there be any separate food for each dog to make them more powerful? Or any food is applicable for any dog to heal? Lastly, could you please clarify for us, are there any additional requirements for purchasing the food products in the Food Pantry? Or we can just purchase the food products with your native token?

Murray: Food Pantry is the key part of the DeFly Ball game as it evolves the feeding of dogs. After each training session, dogs need some food intake to maintain their levels. There are different Food Kits for maintaining different food levels.

Yes Food Pantry will be the part of dogsverse and each Food Kit comes with separate skills and powers to increase the levels of Characters.

Initially, users can buy the Food Kits from the marketplace using the native token, DEFLY. We have in our plan to integrate more ways to buy Characters, Food Kits and other in-game items.

Here’s a detailed article on Food Kits and the powers they give to Superdogs: https://bit.ly/3kinnF0

Andrés M. | Satoshi Club: We are glad to know you have every aspect doxxed and explained in detailed guides 👏

Well @Murray_DFLY, thank you so much for your incredible answers, it has been an exciting time learning about your innovative project.

Now is time to proceed with the second part of the AMA, the live segment 😁 Our community members have a lot of good questions for you.

Gold Rocket | Satoshi Club: It’s been a wonderful first part of AMA 🔥🔥🔥 Thanks for this. Get ready for the storm of questions 🔥🔥🔥

Murray: Sure, waiting for the live questions.

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Rinkus987:

Will you please tell me the key details of your token economics? What is the token distribution and the vesting schedule?

Murray: Yes, here are the complete tokenomics details and vesting schedule: https://cutt.ly/yTr8rgS

Q2 from Telegram user @Jonathantross:

While going through the whitepaper I read about the Training Zone. Would you please tell me more about this Training Zone? What is the main purpose of introducing this Training Zone?

Murray: Dogs need training so they can take part in FlyBall tournaments or different modes of games. To successfully train the dogs, they must enter the DeFly Training Zone. The Training Zone is composed of four different sections:

• Take-Off
• Hurdles
• Box
• Holding Ball

To get more details visit our whitepaper on the website: https://deflyball.com/

Q3 from Telegram user @sirdefi:

I understand that users can collect NFTs that they can sell, create or rent in the DeFly Marketplace. Could you explain how we can rent our NFTs? Do you have any regulations that users must adhere to when setting their rental rates?

Murray: Users can rent their NFTs on the marketplace and get rewards or earn passive income doing so. There is a timeframe (locking) system for the users to rent their NFTs.

Q4 from Telegram user @hmdtadel:

What is the utility of the DEFLY token and what benefits users get that make them want to buy it?

Murray: The DEFLY tokens play their role as a utility as well as governance token within the DeFly Ball ecosystem.

It is the backbone of the platform and is a principal means of trade. DEFLY tokens are used for every in-game purchase, ranging from getting your
first Super Dog characters, training, purchasing Food Kits, renting dogs and any other transaction. The token is used to make purchases within the marketplace to trade for collectibles. It is used as an in-game currency to make purchases of premium items.

DeFly tokens can also be staked for a specific amount of time, making the owner eligible for claiming rewards and weekly draws of the collection of NFT characters.

Q5 from Telegram user @Rakshhitx5:

In quarter 3 you have mentioned to do smart contract audit, So I want to know if the audit is completed or not?

Murray: DeFly Ball smart contract has successfully passed RD auditors security audit. You can check the DeFly Ball audit report at: https://www.rdauditors.com/wp-content/uploads/2021/10/DeFly-Ball-Smart-Contract-Security-Report.pdf

Q6 from Telegram user @Right_clicK1:

Murray: Dogs will surely sustain injury in the tournament, is there any provision for treatment?

Dogs Forensics is the place to treat dogs. If a dog gets injured during training, practice, or a race, the player needs to bring them into Dog Forensics. All dogs in the Dog Forensics remain under the observation of Dr. Bum Fuzzle.

Services that are offered in Dog Forensics include the following:

1. First Aid Kit
2. Metal Bowl
3. Trimmer
4. Eyedrops
5. Syringe
6. Bandages and Band-Aids

Q7 from Telegram user @Tahsinahmett:

What advantages can players get? Can users sell or trade their trained characters on the NFT market?

Murray: Yes, users earn DEFLY tokens by selling their highly trained dogs or they can put them on rent in the marketplace for passive income.

Q8 from Telegram user @KeymerS:

From where DeFly Ball was inspired to introduce new Super Dog characters, race levels, training zones and trainers? To get more variety in their games, what can you tell me about the NFT market?

Murray: New Super Dog characters will be introduced with time in the marketplace with options to customize and upgrade them. Super Dog characters will be available to trade, buy, rent and sell on NFT marketplace along with dog accessories, Food Kits and other items.

Q9 from Telegram user @Indomiekuy:

DeFly Ball has a native token named DEFLY token. Please tell us all the functions of $DEFLY in your game platform. Are there any benefits that users get by holding DEFLY token?

Murray: DEFLY tokens are used for every purchase in the game from getting your first Super Dog characters, training, Food Kits, renting dogs, and any other means of transaction.

DEFLY tokens are used to make purchases within the marketplace to trade for collectibles. It is used as an in-game currency to make purchases of premium items. DEFLY tokens can also be staked for a specific amount of time, making the owner eligible for staking rewards and weekly draws of the collection of NFT characters.

Q10 from Telegram user @vedamatrix:

When a project is vulnerable its liquidity gets hacked first, so how can I be sure that the liquidity of DeflyBall project is secure?

Murray: We will lock the initial liquidity and the team’s tokens to secure the community trust.

Part 3 – Quiz Results

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

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

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

Our partners:

• Telegram: https://t.me/deflyball_official
• Medium: https://deflyball.medium.com
• WebSite: https://deflyball.com
• Twitter: https://twitter.com/DeflyBall

We were delighted to welcome our guest from Showcase. The AMA took place on November 8th, 2021 and our guests were @josephrubin , Ashley , @textsumit , and @umar_bhatty.

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

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

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

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community!

Joseph Rubin: Hello!

Joseph Rubin: Thank you for having us

Gold Rocket | Satoshi Club: Today our  guests are @josephrubin , Ashley , @textsumit , and @umar_bhatty

Mary Satoshi Club: Hello, guys! Happy to see you here 👍

Mary Satoshi Club: How’s going?

Joseph Rubin: It’s going well. Excited to be here!

Gold Rocket | Satoshi Club: Nice to e-meet you

Mary Satoshi Club: Let’s start our AMA 🚀

Gold Rocket | Satoshi Club: Thanks for joining guys!

Gold Rocket | Satoshi Club: will your colleagues join us?

Joseph Rubin: Yes, joining in one moment

Joseph Rubin: Ashley is here now, needs admin I think

Gold Rocket | Satoshi Club: let’s warm up with you then😁🔥🔥🔥

Joseph Rubin: Sounds good

Joseph Rubin: Fire away your first questions

Gold Rocket | Satoshi Club: Let’s start! Introduce yourself please. How did you get to be involved in crypto & Kart Racing

Mary Satoshi Club: It should be great if he has username otherwise i can’t add him as admin

Umar Bhatty: Hi guys Umar here

Umar Bhatty: Lead game dev

Gold Rocket | Satoshi Club: nice to e-meet you Umar😁

Umar Bhatty: Likewise 😊

Joseph Rubin: Sure, so I am the CEO and co-founder of Blue Monster Games, the makers of Kart Racing League. I have a background in mechanical engineering and worked previously as a biotechnology researcher. I live in Florida, USA, and I was introduced to crypto in 2017 by a friend. From there, I started my own ICO project, which is where I met my business partner on Kart Racing League. KRL started as a gaming token called Kooopa, but was rebranded and morphed into this play-to-earn NFT game that you see today

Joseph Rubin: @ashleypren

Gold Rocket | Satoshi Club: tell us about yourself please😁

Gold Rocket | Satoshi Club: Added

Gold Rocket | Satoshi Club: Welcome to Satoshi Club guys🤗

Ashley Preininger: Hi everyone! I’ll let Umar introduce himself, then I’ll go next 😊

Gold Rocket | Satoshi Club: Give us a brief introduction to the project. What is the essence of Kart Racing

Umar Bhatty: I have a background in computer engineering. Have been playing games since 2004. Developing them since 2011. The gaming world is quickly evolving and NFTs are the natural evolution. So here I am. I’m from Pakistan btw

Mary Satoshi Club: Cool background, Umar💪

Gold Rocket | Satoshi Club: I totally agree! the pace of development of the crypto industry is amazing🚀🚀🚀

Umar Bhatty: 100%

Ashley Preininger: Hello everyone! I’m the COO and co founder of this project. The essence of KRL  is an exciting play-to-earn racing game that follows the economic model of axie infinity. It features Mario kart style gameplay and 3D nfts

Gold Rocket | Satoshi Club: Also we would like to know more about your team. Who is on the project team core?

Gold Rocket | Satoshi Club: it is very exciting😊😍🤩

Ashley Preininger: As for myself, I am currently based in NYC acting as an operations consultant for large media companies including NBC and AMC. I’m excited to dive into crypto and nft full time in the coming months as this is such an exciting space to be apart of!

Mary Satoshi Club: Yes, it’s a good time to go nft full time😄

Ashley Preininger: For the the core project team, it’s led by Haydn Snape, Joe Rubin, myself (Ashley Preininger), Sumit Chitroda, and Umar Bhatty. Haydn, joe, and myself are all founders. Joe acts as CEO and I am COO. Sumit is out CTO and Umar is our lead developer

Gold Rocket | Satoshi Club: Great background and dream team🔥🔥🔥

Gold Rocket | Satoshi Club: Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Q1 from Telegram user @Highpee

I was exploring your channels and I found out that you have created a project before Kart Racing League known as Koopa ($KOO) . Can you explain the relationship between Koopa and Kart Racing League ($KRL) and are these projects managed by thesame team? Also, the website to Koopa is no longer accessible for me. Does it mean that you already discontinued with $KOO project or will it run side by side with Kart Racing League? And lastly, on the first of this month, you announced that you are preparing the launch of Realms of Ethernity (RoE) a world of witchcraft inspired multi-player online simulation game (MMOSG). Why are you releasing multiple and separate gaming projects at the same time without allowing the ones already launch to first thrive sustainably? Don’t you think focusing on too many things may hamper concentration?

Joseph Rubin: Sure, so we rebranded from Kooopa (KOO) to Kart Racing League (KRL). It is the same project (not separate), so it’s all one team. We shut down those websites, migrating tokens over to Polygon as well. People that held KOO now hold the equivalent amount in $KRL. As per the new game, Realms of Ethernity, we have decided to start launching this because most of the development for Kart Racing League is over. The game is ready for launch, so we have shifted our developers over to start on our next game. This will not affect the trajectory of Kart Racing League, as we have a massive team and have properly delegated all operations

Mary Satoshi Club: So, am i correct, that you will have multiple games?

Joseph Rubin: Yes, our company Blue Monster Games is making more and more play-to-earn NFT games. We want to be a leader in the NFT gaming space

Gold Rocket | Satoshi Club: you have a great chance of becoming a leader😁🚀

Joseph Rubin: Lol, we think so too!

Mary Satoshi Club: It will be a huge structure 👍

Gold Rocket | Satoshi Club: Thanks for your answers

Gold Rocket | Satoshi Club: Ready for the next question?

Joseph Rubin: Yes

Q2 from Telegram user @JesusFre1tes

Kart Racing League (KRL) is a new type of game, partially owned and operated by its players, and this has caught my attention as many of the decentralized games and platforms give total control to the community. Why has Kart Racing League decided to take a different path? What exactly is the power that your players have within the game? What aspects of the project can they change or modify?

Joseph Rubin: We haven’t decided to take a different path. Kart Racing League will transform into a DAO (decentralized autonomous organization), giving the $KRL holders control over the project. They have the ability to earn rewards by playing the game, and will have voting rights of the DAO by holding $KRL. They can change lots of aspects of the project, and will essentially be the owners of the project

Mary Satoshi Club: What they won’t be able to do?😄

Joseph Rubin: lol exactly

Joseph Rubin: The options are limitless

Mary Satoshi Club: Ahaha, that’s great! How governance will work? Which system did you choose? One token – one vote?😄

Joseph Rubin: It will be one token, one vote. But the governance will be orchestrated in a few months after we create a sustainable economy

Ashley Preininger: We’ll transition into a DAO by Q1 2022

Mary Satoshi Club: Very soon! The power of your community is close 💪

Mary Satoshi Club: Thank you for your answers! Ready to go to the next question!🔥

Gold Rocket | Satoshi Club: Thanks for your answers

Joseph Rubin: Yes, let’s proceed

Q3 from Telegram User @MudaraSilva

You staking program is starting in early 2022. Can you give a sneak peek about this event? Generally, projects offer staking option according to several tiers and users have to stake in a higher tier to receive better rewards. Does your platform also use the similar method? On the other hand, some projects offer staking rewards with a reward token, not with the same token. What about Kart Racing? Since you initiate the program is the next year, will their be any privileges/ special tiers for early stakers?

Joseph Rubin: It will have a similar method. We’ll provide more details on the staking programs after we launch the game. Staking is scheduled to be implemented in December, following the game launch this month on November 19!

Joseph Rubin: Staking will be done with $KRL , not another token

Gold Rocket | Satoshi Club: Sounds great 👍

Joseph Rubin: Agreed!

Mary Satoshi Club: Btw, which blockchain will your game be based on?

Joseph Rubin: Polygon

Joseph Rubin: The NFTs and tokens are on Polygon, which is a Layer-2 solution on Ethereum

Mary Satoshi Club: Yes, great choice! Any plans for cross chain solutions?😄

Joseph Rubin: Yes, lot’s of discussions with other projects. There’s a lot we can do with this game! Stay tuned for updates on that in the coming weeks

Joseph Rubin: This is a look at one of our Racer NFT characters ^^

Mary Satoshi Club: Sure, we will follow your updates 👍

Mary Satoshi Club: It’s so cute 😻

Gold Rocket | Satoshi Club: I love it❤️

Mary Satoshi Club: Thank you for your answers! Ready to jump to the next question?🚀

Joseph Rubin: Agreed, yes!

Q4 from Telegram User @Rotoxy

You mentioned in your whitepaper that anyone can earn tokens by playing games and contributing to the ecosystem. And players can earn by competing in online races, evolving and selling characters, and so on. Does this means that your game is free? How do you intend to keep your project running a free-to-play system and rewarding players as well?

Joseph Rubin: It is free, as long as they own an NFT. The tokens they earn in-game from winning races is called Essence of Creation (or $EOC). This is similar to Axie Infinity’s $SLP. You can use your $EOC to evolve racers, which creates a new NFT that’s bigger and better, with a new look and improved attributes. This is all based on a sustainable economic model similar to Axie Infinity’s game. Our EOC token is inflationary, but this is offset by the character evolution. When you evolve a Racer, the EOC is burned (similar to Axie’s breeding system). Evolution is our NFT duplication system. You can spend money to create new NFTs which you can then sell for more money!

Mary Satoshi Club: So, to start playing i will need to buy your NFT?😄

Joseph Rubin: Yes, correct

Joseph Rubin: Or alternatively, you could find a scholarship program to loan you one for free

Joseph Rubin: However, then you will have to pay part of your earnings to the managers

Mary Satoshi Club: How much will it cost?

Joseph Rubin: Our Racer NFTs are sold auction-style, with the minimum bid price around 200 USD

Gold Rocket | Satoshi Club: Thanks for your answers ☺️

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

Joseph Rubin: We can proceed

Mary Satoshi Club: Good price👍 it’s almost acceptable) but with scholarship program i think everyone can join!

Joseph Rubin: Exactly

Q5 from Telegram User @Pavel_Jarosh

Following the race overview and the possiblity for players to use 4 power-ups to to help finish the race faster, or to slow down their competitors, the first appearing question is how these power-up can be minted? Is there a possiblity to resell not used or over stocks of power ups on marketplace? Does the efficacy of power-ups depent directly on the complexity of each arena? Thank you!

Joseph Rubin: Umar, you want to answer this one?

Umar Bhatty: Sure

Umar Bhatty: Power ups are not actually an NFT. They are found all across the race track and can be picked up by characters racing in the game and used in that instance/race session and expire as soon as the race ends, there is no carry forward or storage to them. I get where your confusion about the power ups being 4 arises, I assume it’s from seeing the four power up symbols – those are just buttons and high light when you pick that respective power up and once used they go grey again until that particular power up is picked again. The efficacy of the power ups is not arena dependant, however we have 10s of thousands of unique racers each with their own personality and attributes, those attributes might amplify the efficacy of a power up. For example if my racer has a nice acceleration and I pick boost up and use it, it will in turn provide me a nicer boost than a kar with less acceleration. All NFT are uniquely balanced to cater for all sorts of styles of play

Umar Bhatty: We have strived to make the whole experience simple enough for casually users and yet offer enough complexity to the enthusiasts

Umar Bhatty: *striving 😂

Mary Satoshi Club: How easy will be for no gamers to play your game? Do you have any guidance for them?

Mary Satoshi Club: Haha, partially answered)

Ashley Preininger: I’m not a gamer myself, and I was able to pick it up quickly and immediately have fun playing. The controls are very intuitive which makes it easy to navigate

Umar Bhatty: The game itself is tailored towards broad audiences as racing is a genre everyone is familiar with. However we also have an in game tutorial planned

Mary Satoshi Club: Fantastic 👍

Gold Rocket | Satoshi Club: Thanks for your great answers

Mary Satoshi Club: Thank you for your answers! Ready for the 6th and last question from this part?🎉

Joseph Rubin: I believe so

Q6 from Telegram user @victorogb

It is stated from your documents that the native $KRL tokens will function as a deflationary token, with 0.5% of these burnt for every transaction. However, I noticed that Kart Racing League will incorporate some elements of inflationary adjustments within its ecosystem to maintain a healthy and affordable NFT population growth. Can you carefully reconcile this slight discrepancy in your economic model, how will $KRL effectively function as a deflationary token, whilst a periodic NFT population growth scheme is employed in your gaming ecosystem? Also, why do you think this “Character Population” approach is important within your gaming ecosystem?

Joseph Rubin: I think you’re confusing the $KRL token with our in-game token, $EOC. EOC is an inflationary currency, while KRL tokens are deflationary. The NFTs are a separate entity in themselves, but connected to EOC because that currency is required for evolving your NFTs. This is all based on the economic model of Axie Infinity, which appears to be a sustainable economy. Here’s the comparison:

$KRL = $AXS

$EOC = $SLP

Racers = Axies

I’m not sure what you mean by “character population” approach. There will be almost 180,000 natural Racer NFTs available. This is the first level of NFT evolution and has a fixed supply. However, the next evolutions of the NFTs are inflationary because you can evolve the original ones to create more and more. It’s exactly how Axies work, but just with 3D generated NFTs and more fun and engaging Mario Kart-styled gameplay.

Mary Satoshi Club: Super! Can share your tokenomics with us, so no one will be confused in the future 😄

Mary Satoshi Club: Thank you for sharing 👍

Joseph Rubin: Sure, it’s all located in our whitepaper.

See here:

https://whitepaper.kartracingleague.com/krl-token-usdkrl/token-distributions

Part 2 — live questions from the Telegram community

Q1 From telegram User @Antoni_azx

On their page they inform that 25% of the token that will go to E-Sports & Tournaments would be available and unlocked, but that this could be seen as a marketing budget for the KRL ecosystem, but what I would like to know what it will be the estimated date so that we can start enjoying both E-Sports and tournaments? How will players apply to such tournaments? Will the rewards for the winners be tokens only, or will there be additional rare NFTs or unique items?

Joseph Rubin: Tournaments are starting very soon. Like 1-2 weeks. We will do a weekly tournament

Q2 From telegram User @Ratash97

Does Kart Racing League game support online player vs player competitions ?

Joseph Rubin: Yes, definitely

Q3 From telegram User @highpee

One of the concept I read why going through your project details is RACER EVOLUTION. What does this the evolution concept involve and how do a racer evolve? How does racers evolving enable them to win races and rank high in tournaments?

Joseph Rubin: It’s similar to Axie’s breeding system, duplicating your NFTs. The new NFTs will be upgraded, with a new look and better stats (like speed, handling, etc.) so they can help you win tournaments more easily!

Q4 From telegram User @Cheriemike

You said that the $KRL Platform Fund will initially be managed by the Blue Monster Games core team, and its core purpose is to grow the KRL community.So how will $KRL funds be managed by the Blue Monster Games team before you finally take charge?What connections/level of trust do both projects have that made you to entrust the platforms funds to Blue Monster teams?

Joseph Rubin: Blue Monster Games is our company. It’s the same team.

Q5 From telegram User @chinyere2020

How many players will receive rewards after a race? What determines the amount of rewards an eligible player will get?

-Puter: We set an initial prize based on our economics, and soon it’ll be decided by the dao

Q6 From telegram User @Pavel_Jarosh

Kart Racing League consists of “seasons” that last for roughly 10 weeks. These seasons introduce a new race track, along with a new chapter in the game’s storyline. Please reveal the total amount of seasons as well as if there’s a final once the game is completed? What is the delay between 2 seasons? If the season lasts 10 weeks does it mean that all players who have started it from the beginning will play till the last day of season? Can a player join a season “on the go” when it has already started?

Joseph Rubin: There is no total. It’s a system similar to Rocket League’s rankings. We will do seasons every 9-10 weeks, in perpetuity. A player can play as much as they want. The rankings are just reset at the start of each season

Q7 From telegram User @chinyere2020

How many players will receive rewards after a race? What determines the amount of rewards an eligible player will get?

Umar Bhatty: The top 3 racers are awarded prizes. The exact amounts are being balanced and tweaked as we speak

Q8 From telegram User @adaatalay

Why is $KRL retrieved from the bottom of the polygon mesh? Wouldn’t it be cheaper to buy directly from the polygon mainnet?

Joseph Rubin: It would, but more people hold ETH so that’s just how we structured our presale. Presale is live and ongoing on our website, for those interested:

https://tokensale.kartracingleague.com/

After pre-sale ends, you will have the option to buy with MATIC.

Q9 From telegram User @Nonerlike

Is there anything unique about your project unlike similar projects. Do you have any partnership done and what are your achievement till now?

Umar Bhatty: What you see right now is the tip of the iceberg. With out spoiling the mystery – we have a complete multiverse planned and in the works with our NFTs. So it’s not gonna be just this game

Q10 From telegram User @chinyere2020

I learnt that there will be 4 power-ups available during a race. Can you mention the power-ups available and their functions? How will players get these power-ups?

Umar Bhatty: There is a turbo. A missile for shooting leaders. Shields. Repair power ups.  We have more planned.

Part 3 – Quiz Results

In the final part we tested your knowledge in terms of Showcase. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.

For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru

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

Our partners: Kart Racing Website – kartracingleague.com
Kart Racing Telegram – @kartracingleague