Satoshi Club

We are pleased to announce our next AMA on June 16th, 2022 at 11:00 AM UTC Time: Satoshi Club Russian x Helio Protocol Russian

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

⚠️Requirements:
👉 Join Russian Satoshi Club Telegram group
👉 Join Helio Protocol Telegram chat

We will have the following structure:

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

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

For more details:
Helio Protocol – @helio_money
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 No More and our guest was . The AMA took place on the 14th of June.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are happy to announce our AMA session with No More! Welcome to Satoshi Club

Gold Rocket | Satoshi Club

Today our  guests are @Aya_MM12 @Zoey_NoMore

Aya Maria Melki

Hi team  this is Aya here from NoMore I will be speaking on behalf of our CEO Lina Valentina! Really excited to be here

Mary | Satoshi Club

Hello, Aya! Happy to see you here today

Mary | Satoshi Club

How’s going?

Aya Maria Melki

We have @Zoey_NoMore who is head of moderation for NoMore’s discord as well!

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club

Zoey No more

Hello everyone glad to be here !

Aya Maria Melki

All good thanks!

Mary | Satoshi Club

Welcome to Satoshi Club

Mary | Satoshi Club

So, let’s start our AMA

Gold Rocket | Satoshi Club

We are honoured to have you both in Satoshi club

Let’s start with the introduction to warm up.

Tell us please about your position in No More

Zoey No more

Sure ! I’m the head moderator for our discord server so I take care of our community

Aya Maria Melki

Sure, I work as a project manager for NoMore but today I will be speaking on behalf of Lina who is the artist behind the whole concept!

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of No More

Aya Maria Melki

The essence of NoMore comes from Lina’s dedication to protect women’s rights. As we already know women tend to stay silent whenever they are in a difficult situation or if they are being assaulted, the goal of this project is to empower women and encourage them to speak up and not stay silent.

NoMore= No more silence, rage, assault, sadness etc..

Gold Rocket | Satoshi Club

this is a very noble goal. and especially in combination with crypto it should be a real diamond

Mary | Satoshi Club

That’s really important!

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Aya Maria Melki

We have a small team that takes care of the project, Lina wanted to have a small efficient team so there is myself that takes care of the marketing and management of the project, Lucas who is the head of moderation and takes care of our discord community, and Lina’s personnal manager who takes care of all activities related to Lina personally.

Gold Rocket | Satoshi Club

Dream team

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

Aya Maria Melki

You can shooott!!

Gold Rocket | Satoshi Club

Q1 from Telegram user   @JesusFre1tes

The NFT “No More” collection imagined by Lina Valentina pays tribute to all those women who suffer in silence. An inspiring idea and worthy of admiration, considering this harsh reality. But do you plan to go beyond this? Following the concept you have already developed for assets, what impact do you hope to achieve by using a decentralized platform and an NFT marketplace to impart a message? What is the real mission and vision that No More has in mind with these NFTs?

Aya Maria Melki

Yes, we plan to go further, especially with our virtual gallery, which will allow other artists to make their voices heard. By using NFTs, we hope to reach as many people as possible, everywhere in the world. Our mission is to empower women and to fight against domestic violence using the Web3 era. We thought that with the evolution of technology including blockchain and Web3 we should utilize this to fight for a cause, a real life cause that threatens a lot of women in this world.

Gold Rocket | Satoshi Club

https://linktr.ee/nomore.nft

Absolutely

Gold Rocket | Satoshi Club

Thanks for your great answer

Aya Maria Melki

We have set up a telegram annoucement channel https://t.me/No_MoreNFT! I encourage everyone to join to check our updates

Gold Rocket | Satoshi Club

Check it Satoshi clubbers

Do you want to add something

Or we can proceed with the next question?

Aya Maria Melki

You can proceed

Gold Rocket | Satoshi Club

Q2 from Telegram user   @Blessingchum

Permit me to use the Bored Ape Yacht Club as a case study.

Owners of a Bored Ape NFT are granted access to a private online club, exclusive in-person events, and intellectual property rights for the image. You will be releasing a collection of 7,777 NFTs. Does these NFTs have real life utilities such as access pass to some events? Why have you limited your NFTs to 7,777 collection? Do you have plans of increasing the number of these collections? I didn’t find any information about the platform’s native currency: Have you launched any cryptocurrency yet or do you have plans to launch one in future? What is the advantage of owning your NFTs? What is the maximum a single user can acquire?

Aya Maria Melki

It should also be noted that Bored Ape is a collection that is now over a year old which has given them time to build around their brand, initially there wasn’t much utility. As explained in our roadmap, holding a NoMore NFT allows you to have various benefits such as discounts on Lina Valentina’s physical art, and access to private events reserved for holders. The first one will be held at the Cool HeArt Gallery in Los Angeles, where you can meet Lina and some of her artist and celebrity friends. The choice of the number of the collection was not chosen randomly, Lina wanted a rather exclusive collection and 7 is a lucky number for her so that’s why we decided to release a collection of 7777 NFTs. We did not decide if we will increase our collection or do a second one. The collection will be available on the Ethereum blockchain. Lina has never launched a cryptocurrency and this project is her first NFT project, if we launch a cryptocurrency, it will be to create a real ecosystem around the No More project and not just release a token to release a token, because being in the USA, the regulations are very strict so we will have to surround ourselves with competent people in the field of finance. The maximum of NFT that a user will be able to acquire hasn’t been set yet, it will be communicated with the mint date and price later on!

Mary | Satoshi Club

When do you plan to release your NFT collection? How we will be able to get No More NFTs?

Aya Maria Melki

We did not decide yet on the date of the NFT launch

We are working more on building our brand and than once we will launch enough awareness we will launch it!

Mary | Satoshi Club

Gotcha! We will follow your updates

Aya Maria Melki

We will sell the NFTs on the website and than on opensea!

Gold Rocket | Satoshi Club

Thanks for your answer! Are you ready for the next question?

Aya Maria Melki

Yes go

Gold Rocket | Satoshi Club

Q3 from Telegram user @UniqueVicky

Art is an expression of our thoughts, emotions, intuition and our desires but it is even more personal than that, it’s about sharing the way we experience the world. Every Art has a story behind it that isn’t communicative in words. Can you tell us the story behind this project and the Artworks? What motivated and inspired you to come up with this unique, outstanding project? Meanwhile,in my country, there are everyday reported cases of abuse some I have witnessed live. What are your plans of extending this organization to African countries where women are abuse in everyday life? I have also seen men who are abuse too and not just women, what is your take regarding men who are suffering abuse too? Do you plan of also giving them right to speak? How can these victims reach out?

Aya Maria Melki

Indeed, this project was born from Lina’s desire to express her art in a new digital form while having the possibility of reaching many more people than with physical art. She naturally used the NoMore mouth for which she is known and which represents all those people who refuse to be silent in front of injustice.  She experienced an abusive relationship in the past and when she managed to put an end to this relationship, she wanted to do something to help people who are going through the same thing, you can learn more about it with the video on our website.

And yes, unfortunately, many people in Africa are victims of abuse. Talking about it and spreading awareness is a good start but obviously, it is not enough, Safe Horizon helps some people abused in Africa to be welcomed in the United States, and our donations will eventually help more people. Indeed, women are not the only ones to be victims of abuse and injustice and it is just as serious for men. Of course, we want to give a voice to all people who suffer without distinction of skin color, sex, age, sexual orientation, or anything else.

Victims who wish to express themselves through their art will have the possibility to apply to exhibit their work in our digital gallery, for those who cannot or do not want to express themselves in this way, people will be able to talk together and help each other on our discord channel. Our community will welcome everyone to speak up. We would like to create a strong community and we want people in it to connect on a deeper and personnal level because sometimes human connection is all you need!

Mary | Satoshi Club

Is your direction only Africa?

Aya Maria Melki

No of course not, we are targeting global awareness!

Mary | Satoshi Club

It’s hard to talk for me because abuse happening in my country now and we see a lot of victims every day

Gold Rocket | Satoshi Club

Thank you very much for such a social position and your contribution to the fight against violence. It’s brilliant

Mary | Satoshi Club

So, i really hope you will help women all around the world

Aya Maria Melki

I totally get you, that is why we would like to create awareness on te subject and empower people and get them to join our community so they don’t feel alone

Mary | Satoshi Club

Thank you for doing this

Gold Rocket | Satoshi Club

Thanks for your answers  ready for the next question?

Aya Maria Melki

Yes!

Gold Rocket | Satoshi Club

Q4 from Telegram User @BigMacDi

Lina has already mentioned some marketing collaborations with big brands and individuals, however the georgraphy of her artworks is still concentrated mainly in thу USA. My question is if you are seeing these opportunity as a step to the international community expansion? Are there particular areas/countries in the works you aim the most? Thanks!

Mary | Satoshi Club

Partially answered

Aya Maria Melki

Of course we are looking to expand . Lina is in the USA so it is easier to market there but we would like to reach europe, asia, africa, MEA and GCC on the long term! Global expansion is our ultimate goal

Mary | Satoshi Club

What brands did you already collaborate with?

Aya Maria Melki

Lina collaborated with Adidas, the cool heArt gallery, affordable affair, good weekend, the artist’s corner and inkspired!

Mary | Satoshi Club

Wow, cool names around!

Gold Rocket | Satoshi Club

Wow! It’s really amazing

Mary | Satoshi Club

Thank you for your answers! Ready to jump to the next question?

Aya Maria Melki

yes!

Gold Rocket | Satoshi Club

Q5 from Telegram User @yellowchamp

I found out that No More will have 300 owners and at least one No More NFT will receive an NFT display frame as a gift to showcase their NFT at home. Also, all « No More » owners will receive an invitation to meet the artist at an exhibition organized in Los Angeles. So,is this 300 owners is only the maximum number of people to own No More NFT? How would that lucky one owner of No More NFT be selected to receive an NFT Display Frame and why only one out of 300? Could you tell us more about this gift which is the NFT display frame? What are the good feature of this NFT display frame? Lastly, as it is stated in your site that all « No More » owners will receive an invitation to meet the artist at an exhibition organized in Los Angeles,so could you tell us more about this exhibition? What may be the pros if the owner will attend this event aside from meeting the artist? Could you tell us some hint who would be the artist that will be there in the event? Thank you!

Aya Maria Melki

No much more people can own the NFTs we have a collection of 7777 as already stated! For the lucky owner we will do a competition and whoever wins will get the NFT in a frame . For the NFT display frame we will send a frame with a high resolution artwork of the NFT in it. For the exhibition owners can visit the heArt gallery and get can to meet Lina there. The pros of this meet-up is not only meeting Lina but also meeting the community and other people who find themselves in these difficult situations in which they had to stay silent. We won’t reveal who are the VIPs that will attend the event it is a surprise

Gold Rocket | Satoshi Club

Thanks a lot for your answer.

Can you share with us please details of new giveaway in Twitter

Aya Maria Melki

Yes sure!!

What does empowerment mean to you? Comment below!

Best answer will secure a #WL spot for the « No More » NFT collection dropping 🔜

✔️Complete all #gleam actions to be eligible. https://t.co/kxy8inQdEW

Let’s go 👄👇#Whitelist #NMSIS #NFTGiveaway

— No More (@No_MoreNFT) June 13, 2022

Here is our link to our giveaway, I encourage everyone to join and be part of our amazing community!

Also we are co-hosting a twitter space with another women empowerment project tomorrow

Gold Rocket | Satoshi Club

Satoshi clubbers don’t miss great opportunity to be a piece of art

Aya Maria Melki

📣 Tune in for our Twitter Space with @gwsofficialNFT!

🗓 15 June, 2022 (Tomorrow)

⏰ 4pm GST

👩🏻‍💻 Virtually meet @LinaValentina_ (CEO, No More) & Girl With Secrets.

📍https://t.co/gQcUw6KV9U

See you there! 👄#AMA #NoMore #NMSIS pic.twitter.com/0t47dJLKL7

— No More (@No_MoreNFT) June 14, 2022

Gold Rocket | Satoshi Club

thanks for sharing

Aya Maria Melki

I encourage everyone to join and listen to an exclusive discussion on women empowerment!

Gold Rocket | Satoshi Club

Ready for the last question of this part?

Aya Maria Melki

Yes!

Aya Maria Melki

Shoot

Gold Rocket | Satoshi Club

Q6 from Telegram User @Cheriemike

No More plan to create a Metaverse Gallery for artists and projects that fight for a cause you stand for.So can you tell us more about your Metaverse and what will be featured there?When will the Metaverse Gallery be opened and what space or place will it be?Will it be a physical Gallery where persons can come around or Virtual one?Are there a kind of criteria or requirements needed from artists and projects to feature their art piece in the Gallery?Please explain Thanks

Aya Maria Melki

For the Metaverse we are still working on it. For now our goal is to launch and focus on our NFTs. It will be a virtual gallery in which we will showcase art from Lina and other artists who fight for this cause

Mary | Satoshi Club

Waiting for start!

Can you call the names of another artists?

Aya Maria Melki

We cannot disclose any names for now, it’s a surprise

Mary | Satoshi Club

Oh, we love surprises

Aya, thank you for incredible first part of our AMA

Mary | Satoshi Club

Second, live part is close! Are you ready for it?

Gold Rocket | Satoshi Club

You are awesome speaker

Aya Maria Melki

Ready

Aya Maria Melki

Thank you!!!!

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee

I have seen that your NFTs appears in various styles and colour. Will the entire 7777 NFTs have equal rarity or are there some of these NFTs that will hold more values than the others? What utilities will NFT holders enjoy beyond supporting victims of domestic violence?

Aya Maria Melki

Each NFT will be unique in its color and pattern. The common thing will be the mouth with the zipper which is lina’s signature, even the mouth will have a different color but its the same concept, that way our NFT owners will really feel like they are part of a unique community. The utilities for the NFT owners are real-life events and meet ups with Lina!

Q2 from Telegram user @AugusS7

I understand that the NFT «No More» collection imagined by Lina Valentina pays homage to all those women who suffer in silence, but really, what utilities or benefits will it offer to all women who acquire one? and really only women could buy an NFT?

Aya Maria Melki

Owning the NFT will allow you to take part of a really united community. It’s not about only owning the NFT but more being part of a group that experiences or supports the cause of domestic violence and abuse.

Q3 from Telegram user @Ishan1_7

What do you mean by your project name, “No More”?

Aya Maria Melki

NoMore refers to No More silence, abuse, toxicity, depression, sadness etc.. we want to stop this and empower women!

Q4 from Telegram user @Asela1112

Please explain us, Will you donate funds coming from your NFT Collections for the charity institutions relevant to the Women’s care?

Aya Maria Melki

Yes we are already in collaboration with safe horizon and will donate 10% of our sales to them. In later stages of our project we would like to collaborate with more charity insitutions to help out as much people as we can.

Q5 from Telegram user @demyrman

Is the goal of No More Project just to stay in the crypto bubble? What is the strategy to expand worldwide and reach everyone? Do you have any plans to promote your project in other countries? And what are you planning?

Aya Maria Melki

We are trying to raise awareness outside of the crypto bubble as well for sure, our goal is not to only target crypto investors but everyone globally. We are looking to raise awareness in the US, Europe, Asia, Africa, MEA & GCC area!

Q6 from Telegram user @alice_wonderland12

“No More”, a collection of 7,777 art NFTs. These NFTs are dedicated to women’s causes, I’d like to know, where did the artist take inspiration to give visibility to this cause through her art? What was her motivation, or objective, while creating the art pieces?

Aya Maria Melki

Lina herself was involved in an abuse and since than she started creating art around women empowerment. She started with physicial art and is now doing digital art. Her signature is the mouth with the zipper which encourages women to speak up.

Q7 from Telegram user @Oberrrz

I understand that by owning a “No More” digital work you are actively supporting abused people to build a new life. But how much is the value of the acquired NFT works? Are these can be marketed at a good price? How is the buying and selling process?

Aya Maria Melki

The value of the NFT is not yet decided, you will be able to purchase it on NoMore’s website and on open sea at a later stage you can buy the NFTs with ETH.

Q8 from Telegram user @eylulaydin93

I am sorry to say this, but worldwide, approximately 1 in 3 (33%) women experience violence in their physical and/or sexual relationships during their lifetime. So what are NoMore’s efforts to prevent this? How can we support the NoMore platform to raise awareness of this nonsense?

Aya Maria Melki

Yes we are well aware of this number . We would like to encourage women to speak up, that is why we want everyone to join our community and share their stories there. It might be hard to prevent this abuse but we would like to create a safe space for women who go through this at least

Q9 from Telegram user @Abdalrafin

Is NoMore all about empowering womens through selling NFTs??

Aya Maria Melki

NoMore is all about empowering women through our NFTs and community!

Q10 from Telegram user @Marcos2002

I Also Wants to do my Contribution in this SOCIAL CAUSE , May I know How Can I Contribute in your Project ?

Aya Maria Melki

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:
Twitter –https://twitter.com/No_MoreNFT
WebSite –  no-more.io

We are pleased to announce our next AMA on June 15th, 2022 at 01:00 PM UTC Time: Satoshi Club x Duelist

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

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

We will have the following structure:

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

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

Part 3: 300$ – A quiz about Duelist

For more details:
Duelist Website – duelist.games
Duelist Telegram – @DuelistGame
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 Primex Finance and our guest was . The AMA took place on the 13th of June.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello  Satoshi Club! We are happy to announce our AMA session with Primex Finance! Welcome to Satoshi Club

Gold Rocket | Satoshi Club

hello dear Satoshi Club

Mary | Satoshi Club

@avd_01 @dmitrytolok are our guests today

Welcome to Satoshi Club guys

Dmitry Tolok 🇺🇦

Hello guys! Glad to be here!

Anton

Hi everyone,

I’m Anton, the product manager @ Primex.finance

Thanks for having me here.

Gold Rocket | Satoshi Club

Nice to e-meet you guys ❤️🇺🇦

Mary | Satoshi Club

We are excited to see you here today, it’s not easy day for crypto, but as i see you’re still here for tech

Dmitry Tolok 🇺🇦

Yeah, definitely not an easy day  but it doesn’t matter if you BUIDL

Mary | Satoshi Club

For sure, those who build will survive!

Let’s start our AMA

And we will start with introduction! Could you please introduce yourselves and tell us how did you get involved into crypto?

Anton

Sure, let me give a short intro

I’m Anton, the product manager @ Primex Finance, with a background in marketing and PR. Previously product manager @ Adoriasoft, blockchain software dev firm.

Dmitry is leading BizDev @ primex.finance, previously he was running BizDev in fintech firms and also has a background in banking.

We have been working together for a few years before building Primex, and, given we’re big DeFi enthusiasts we always wanted to build something totally decentralized

Mary | Satoshi Club

Decentralised, love this!

Gold Rocket | Satoshi Club

It’s brilliant

Mary | Satoshi Club

How long were you working on Primex DeFi and what is your project about? How different are you from another projects?

Dmitry Tolok 🇺🇦

Primex started last summer as a concept and the actual development started around late September when we secured the first private funding.

It depends what you compare Primex with, if we compare it with lending protocols, then the biggest difference is how liquidity is used. Primex combines the 2 biggest DeFi use cases – lending and decentralized exchanges.

The key difference from lending protocols is that borrowers (Traders) can only use the liquidity for the one and only purpose – to trade on DEXs, it’s not transferred to any external wallets of traders before the trade is closed, that’s why they don’t have to overcollaterize the margin debt.

Dmitry Tolok 🇺🇦

Essentially Primex is a liquidity protocol on top of DEXs that allows margin trading cross-dex in a truly decentralized way.

Mary | Satoshi Club

Did you have liquidations today?

Dmitry Tolok 🇺🇦

No, fortunately not, we’re in a testnet mode, so all good for our traders for now

Mary | Satoshi Club

Ahaha, true

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Dmitry Tolok 🇺🇦

Sure, we have a team of almost 40 people at the moment and there are a few development streams with respective teams attached to them: smart contracts, UI/UX, infrastructure (keepers/notaries), mathematics of all the incentivization, and buckets/token design. So we have different types of engineers/mathematicians on the team, all are DeFi enthusiasts

Gold Rocket | Satoshi Club

Is your team anonymous?

Dmitry Tolok 🇺🇦

No, totally not, moreover, we recently released a posting on our blog covering some of the team members and their experiences.

Gold Rocket | Satoshi Club

Great news

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

Dmitry Tolok 🇺🇦

Sure, go ahead

Gold Rocket | Satoshi Club

Q1 from Telegram user   @Ivvanna_Cahya

In Primex finance. Along with the technology behind the tool, i learnt that there are five important roles that need to be filled to maintain functionality, which are Lenders,

Traders, Notaries, Delegators, and Liquidity providers. understanding that this are the five basic people that makes Primex Finance Functions. Can you tell us more about the roles of each of the positions mentioned? How can we leverage any of this available position to Maximize profit? I seem not to clearly understand the Functions of the Primex Notary, which is said to function In the offline world, & gives people and institutions confidence that documents are genuine. Can you kindly explain this role well?

Anton

That’s correct. Lenders and Traders are the pillars allowing the protocol to function, Lenders provide liquidity to credit buckets and Traders use that liquidity to trade with margin on multiple decentralized exchanges that are integrated with Primex. Lenders are incentivized by the interest rate and Traders have an opportunity to trade in a truly decentralized way and without interacting with centralized components.

To allow the traders to happen, we also have a role of a Keeper in the system, which is responsible for closing the trading positions when a certain price target is reached or to make a liquidation. Since we have neither back-ends nor centralized order books, we need to have someone to make a special transaction to close the trading position, Keepers are doing this.

I assume that you’re referring to the Trader notary in your last question.

Gold Rocket | Satoshi Club

Really smart idea

Mary | Satoshi Club

Guys, as i understand you’re totally decentralised and no one of members don’t need KYC verification?

Anton

Trader notary is an Ai-powered scoring mechanism that is a part of V2 of the protocol. It’s a special type of notary responsible for scoring traders based on the onchain data, we decided to skip the dKYC part of it, it’s only for scoring traders. It’s also a decentralized component nominated by community.

We also have community-nominated Credit Bucket Notaries that can introduce new credit buckets (liquidity pools) to allow margin trading for more assets. Credit Bucket Notaries are also staked and supported by community in a decentralized way.

Mary | Satoshi Club

And i want to ask – do you have any countries restricted?

Anton

Right.

Dmitry Tolok 🇺🇦

We would refrain from the KYC aspect as much as we can as our goal is to make trading accessible for everyone, regardless of their geographical location. We’re not a centralized or semi-centralized infrastructure.

Mary | Satoshi Club

And btw do you use decentralised or centralised servers for your DeFi?

Dmitry Tolok 🇺🇦

Nope, we don’t. We don’t host any back-ends or order books. The back-end function is done by so-called Keepers in Primex, which are community-hosted instances incentivized to make special transactions to close Trading positions. This is how we’re different from some non-custodial derivative platforms in the space.

Mary | Satoshi Club

Gotcha

Gold Rocket | Satoshi Club

Thanks for your great answers

Mary | Satoshi Club

Thank you for your answers! Ready to proceed?

Dmitry Tolok 🇺🇦

Sure!

Gold Rocket | Satoshi Club

Q2 from Telegram user @UncleStrange1

Primex Finance is on a mission to improve the experience of trading assets on decentralized exchanges (DEXs). Traders can borrow funds below the liquidation price and maintain positions and each trader will be continuously scored based on their trading history to enable access to riskier credit Buckets. Can you provide more information on the process of how traders can borrow money? What are the requirements? Is there any form of verification process attached to it? What is the maximum amount a trader can borrow at the first time? How many times can a trader borrow money to stay in position after being liquidated? Can you tell us how many levels of Credit Buckets there are?

Anton

Sure, our mission is to close the gap between lending and decentralized exchanges and provide a truly decentralized infrastructure where Lenders and Traders can exchange value.

As for the Trading scoring mechanism, it’s a special type of decentralized notary in the system that is scoring Traders based on their past performance using onchain data. We do not plan to introduce any identity checks/KYC for traders on top of this for now.

There will be Credit Buckets available for all Traders, without specific requirements to the score, so anyone can use them.

Traders with high scores, though, will have an opportunity to open so-called underdeposited positions, meaning that they still can keep the position open even if they drop below the liquidation price to some extent. And in case of liquidation, they can later repay the debt to the protocol later to restore the score.

Anton

It’s a great feature we’re already working on but it won’t be present in v1, it’s on the roadmap for v2. DeFi hasn’t solved the scoring problem so far so we’re taking the challenge here. Such a scoring mechanism will provide more flexibility to both, Lenders and Traders.

Credit Buckets will be divided into several tiers based on the risk level, e.g. top 10 assets by liquidity on DEX, top 10-50, top 50-100 and custom buckets introduced by the community (including those with the scoring requirement). Lenders than will be able to diversify their risk by funding less and more risky buckets.

Mary | Satoshi Club

What was the most difficult to design (develop) in your DeFi? And what are you the most proud for?

Lol, it seems you partially answered before i asked

Dmitry Tolok 🇺🇦

The most difficult is to connect all the roles in the protocol and incentivize them so that the infrastructure of the protocol is functioning smoothly. The Notaries and Keepers are rather sophisticated as well as the mathematics related to how interest is calculated etc.

As for the Trader Notary – it’s a great experimental feature not really present in DeFi yet.

We’re proud to have really great progress so far, even though not everything is visible yet except for some interfaces in our Alpha. The code and some hardcore mathematics will be open-sourced a bit later, stay tuned!

Gold Rocket | Satoshi Club

Sounds good! Thanks for your great answers! Are you ready for the next question?

Anton

Sure

Gold Rocket | Satoshi Club

Q3 from Telegram user @MudaraSilva

By locking funds for a specified time, lenders on Primex have the opportunity to fix their interest. I could not see any information about these tiers. Can you briefly explain about the interest rates for each time period? Does the rate depend on the time period or will the investment size also be calculated? I hope you offer better rates for longer time frames. When a lender choose a long period and wants to unlock his funds before the deadline, is he allowed to do so by paying an unlock fee? What are the charges/fees related to this feature? What is your anti-whale mechanism to prevent whales from investing their funds? How do you ensure the safety of locked funds? What will happen to them if Primex has to face any unforseen situation?

Anton

The fixed interest rate is a part of v2 of the protocol and will not be present in v1 yet. V1 will have dynamic rates for Lenders.

We’re designing the fixed rate to be based on the fees that Traders pay when having their positions open over time, so we always have a constant flow of fees from Traders that can be paid to Lenders willing to lock their liquidity for longer periods of time to earn fixed interest. We will have cooldown periods so Lenders will have to wait a little bit before they can withdraw the locked funds.

The safety is secured with smart contracts, there’s no centralized party controlling the funds.

Mary | Satoshi Club

Ok, what about audit? Any thoughts about insurance? You know, no one can be 100% sure in security and a lot of incidents in crypto show that it’s true

Dmitry Tolok 🇺🇦

The code is not yet frozen as we’re in our Alpha-Beta stage so we will likely have our first audits in a couple of months from now, but be sure there will be a few leading audit firms doing audits. We fully understand the importance of this considering how many incidents there are in the space.

Mary | Satoshi Club

Super

Mary | Satoshi Club

Thank you for your answers! Ready to jump to the next question?

Dmitry Tolok 🇺🇦

Sure!

Gold Rocket | Satoshi Club

thank you very much for your answer and for your responsible attitude to this issue

Gold Rocket | Satoshi Club

Q4 from Telegram User   @Highpee

Even though Primex was launched in June 2021, it was in February 2022 that you did your seed funding with a successful raise of $5.7 million from your strategic investors. I am curious to know more about these seed investors and how they were able to make investment commitment into your project, since up till now, you have no token and no tokenomics has been officially released by you? How has this fund been utilised in the development of your project so far and why does it look like development is stuck in Primex Alpha Phase? When do you expect your token design to be out and when is IDO or other presale events scheduled to start?

Dmitry Tolok 🇺🇦

There were certain delays in announcements as we raised funds a bit earlier than the entire round was announced, so that kickstarted the development. Primex started as an idea in Summer 2021 and then we started designing the protocol’s logic and its architecture, the active development process began in late September 2021 when we received the first funding from our Lead investors.

The funding is being used to cover the core development of the protocol, we’re definitely not stuck with the Alpha as we just recently released it to collect some first feedback from our community, the actual dev / token design is beyond Alpha now and we are planning to release Beta in several weeks.

Mary | Satoshi Club

Who are your Lead investors? Can you name them?

Dmitry Tolok 🇺🇦

We’re working on a big posting that covers token utility and tokenomics, it’s a very important topic and we’d like to cover it in full within the few weeks, likely closer to the Beta release, please follow our official medium (https://blog.primex.finance/) and stay tuned for updates.

Sure

The round was led by Stratos and Coinfund, we also have positions of GoldenTree (a large traditional hedge fund) and a few big market makers such as Wintermute, GSR, and Ledgeprime that also help us with the overall advice on protocol design given their trading and market-making experience. The round was successful and we were significantly oversubscribed.

Mary | Satoshi Club

Ohhh, you prevented my ‘wen token’ question

Congratulations it’s really big achievement!

Mary | Satoshi Club

Thank you for your answers! Ready to proceed?

Gold Rocket | Satoshi Club

Famous and influential names

Anton

Yeah

Gold Rocket | Satoshi Club

Q5 from Telegram User   @Dalboto22

Early contributors of will have access to Primex test versions and will be able to provide feedback on Primex functionality and interfaces. Thank you for these opportunities. What are the requirements to be considered an early contributor? What is the deadline to register on the platform? Is there a minimum amount of contribution? Generally, early birds receive tokens with a considerable discount. Does Primex offer that opportunity too? If I contribute later, can’t I join with the community and provide feedback? Is it mandatory to be an early bird to receive governance privileges?

Anton

There are pretty much no requirements, anyone can test the platform and participate early, all the feedback is helping us a lot as our goal is to build the protocol and all the interfaces. There will definitely be interesting opportunities for early community but we cannot announce them now.

The Early User program is now ongoing and you’re most welcome to participate — http://primex.finance/earlyuser

Mary | Satoshi Club

Oh, it’s my passion to try new platforms

Gold Rocket | Satoshi Club

Satoshi clubbers, test it please!

Mary | Satoshi Club

When do you plan to fully launch your platform?

Anton

We’re planning to release V1 later this year or beginning of next year

Mary | Satoshi Club

We will wait and follow your updates

Gold Rocket | Satoshi Club

By the way, share with us your roadmap

Dmitry Tolok 🇺🇦

We are planning to release a fully decentralized cross-dex Spot trading app with different kinds of orders first and connect with a few DEXs on ETH mainnet first. It will already be possible to split the trading position across multiple DEXs depending on its size and the liquidity in the respective pair and later we will release the Margin trading app after our liquidity mining event. It will happen either later this year or beginning of next year.

After that, we will be deploying on a few other EVM-compatible chains so there will be lots of big updates.

Gold Rocket | Satoshi Club

Thanks for your great answers  ready for the last question of this part?

Dmitry Tolok 🇺🇦

Sure

Gold Rocket | Satoshi Club

Q6 from Telegram user @Cheriemike

I read that Primex plans to introduce two features in it platform they are “Under Deposited Trading Position” and “Under Collateralized Lending.So can you briefly summarize both features?Why did you decide to feature “Under Collateralized Lending” and not “Over Collateralized Lending”?.Which set of audience are both features meant for and what do both features especially Under Collateralized Lending comprises of?And will investors be able to access substantial credit without collateral with under-collateralized lending and how does “CREDIT DELEGATION” comes into play in the collateralized lending features?Please explain Thank

Dmitry Tolok 🇺🇦

The key thing is the funds can only be borrowed for a specific purpose – to make swaps on DEXs, the funds are not transferred to external wallets of Traders and therefore, should not be overcollateralized.

Traders use Primex smart contracts to access liquidity to amplify their trading positions using leverage on DEXs like Uniswap.

Traders also do not collateralize their margin debt, they only lock their initial deposit but if there’s a liquidation, the initial trader deposit will be taken back to the Credit Bucket.

Underdeposited means those trading positions with additional buffer to borrow funds and not be liquidated, this is available for Traders with higher scores starting Primex v2.

Mary | Satoshi Club

Thank you for detailed answers!

Guys, we came close to the live part of our AMA session now! Do you feel the breath of storm? It will be a storm of questions from our community

Mary | Satoshi Club

Ready for them?

Anton

Yes, let’s go

Gold Rocket | Satoshi Club

Amazing first part of AMA

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @adaatalay

Does Primex have a native token? If yes, what are the use cases and its role in the ecosystem?

Dmitry Tolok 🇺🇦

For example, there will be multiple staking opportunities, including staking for all kinds of notaries and keepers that support the infrastructure as we have no centralized back-end that processes orders, etc.

The PMX is a governance token that will be needed to participate in votings for new notaries, introducing new credit buckets (liquidity pools), new digital assets, etc.

There will also be multiple incentives for traders, e.g. trading fee rebates if they stake PMX, etc. LPs and early Lenders will also be incentivized for providing liquidity.

Please follow our official medium for a larger, more detailed posting on tokenomics, we will definitely share it with everyone (https://blog.primex.finance/).

Q2 from Telegram user @Shiva_shivi

There are many Lending Platforms in the Crypto space?
How different is Primex’s Lending Platform?
What main Tools does the Platform provides?

Anton

As for the differences between Primex Finance and the other DeFi protocols, such as lending platforms, DEXs, DEX-aggregators, etc, we introduced the following components to the market:

Primex Credit Buckets. Credit bucket is a smart contract where Lenders provide liquidity and traders access that liquidity to fund their margin debt. You can find more information here: https://blog.primex.finance/an-introduction-to-primex-credit-buckets-e2678441dd67

Cross-DEX, cross-margin trading. We’re not limited to a specific DEX. In Primex traders can open leveraged positions across multiple DEXs and the position can be opened on one DEX and closed on another.

Decentralzied Keepers, for liquidation and executing positions (including limit orders, stop loss, take profit, etc)

AI-based trader scoring. Starting from V2 Traders will be continuously evaluated by a decentralized network of ML-based nodes. The scoring defines traders’ risk levels and available buckets. High-scoring traders can survive high volatility and save their positions even when they’re approaching the liquidation price. It’s totally new to the market.

Q3 from Telegram user @habibi_ve

What are the benefits and risks of lending money within Primex Finance vs. other lending protocols in the ecosystem?

Dmitry Tolok 🇺🇦

The benefits for Lenders are:

• multiple Buckets to lend to, which means diversification
• higher interest compared to other platforms, because of no-collateralization

Q4 from Telegram user @MdLuffyo

Do you have any instructional videos or training materials that show how the protocol works and enable them to understand the features of the interface so that Primex finance lenders and traders around the world can use and understand Primex?

Anton

Thanks for the question. Sure, we already have guides for our Alpha, it’s available here:
https://docs.primex.finance/guides/

Moreover, we’re publishing multiple materials explaining how the protocol works and covering the aspects of its interface. We are starting with some basic information, explaining the roles and how our credit buckets (liquidity pools) function, and will later be covering all the mathematics and advanced details of the protocol.

Early user feedback is especially important for us to improve the interface and make it as intuitive as possible.

Q5 from Telegram user @hana4544

Does the Primex Platform have the role and privileges of the Liquidity Provider? And how is it exceptionally rewarded?

Dmitry Tolok 🇺🇦

Yes sure, LPs is a separate role in the system that can provide multiple assets that can be rebalanced in the protocol depending on the demand for a specific asset. Since there’s a risk of impermanent loss for LPs, they are incentivized with PMX. This is how their reward structure is different from Lenders. Lenders only get interest in the assets they contributed.

Q6 from Telegram user @captainprice111

I understood that Primex finance is an EVM compatible cross-chain liquidity protocol. So which mainnet will Primex debut on first? Can you share with us the order on which networks Primex will be run?

Anton

That’s true! Primex Finance is an EVM-compatible cross-chain liquidity protocol, so we are following such networks as Moonbeam, Polygon, Arbitrum, Avalanche, ZK-sync, and how their communities develop and DEXs grow. Likely to launch in ETH mainnet first, the others are also on the roadmap. Stay tuned for updates!

Q7 from Telegram user @emmy066

Primex will be launched on the ETH mainnet as far as I understand. Why do you prefer the ETH chain when considering gas cost and speed? Will you support other cross-chain and blockchains?

Dmitry Tolok 🇺🇦

The main aspect is liquidity, we will need to connect with DEXs that have liquidity and ETH mainnet is leading so far, but we’re great fans of other EVM projects and ecosystems such as Moonbeam, Arbitrum, AVAX, and others, so we’re following those too.

We’re cross-chain and will be integrating with DEXs on multiple EVM chains over time.

Q8 from Telegram user @YRUSelling

You are using Ukraine flag with your name.

So I want know that are you from Ukraine? Whole team is from Ukraine?

Anton

80% of the Primex core team are Ukrainians. But the team is fully decentralized and we’re all over the world.

Q9 from Telegram user @eylulaydin93

I noticed you mentioned that there are a number of experimental features for v2 of the protocol that you need to test and get feedback on before going public, so how can we test these experimental features and what are these features? When do you plan to release the beta for V2 and how can we be notified?

Dmitry Tolok 🇺🇦

Yes, one of them is Trader Scoring with under deposited feature, another is dynamic Credit Buckets introduced by the community, Fixed interest as well.

Please follow our official Twitter: https://twitter.com/primex_official and medium for updates on our releases: https://blog.primex.finance/

Q10 from Telegram user @Raisbelys

You say that your protocol is not limited to a specific DEX, do you mean that your protocol works with several DEX? How is this possible? Who are you able to work with several DEX? What are the advantages of your multi DEX protocol? Have you thought about integrating DEX into your protocol?

Dmitry Tolok 🇺🇦

We integrate with multiple AMMs of multiple DEXs and the main advantage is that Traders can access more markets/liquidity in a decentralized way. Simply put, we achieve some level of market defragmentation that way.

From the tech standpoint, we make Primex credit buckets interact with AMMs of those DEXs. So it’s a soft of prime brokerage protocol on top of DEXs allowing using decentralized liquidity to margin trade.

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/primexfinance
WebSite –  primex.finance
Twitter-https://twitter.com/primex_official

We are pleased to announce our next AMA on June 14th, 2022 at 11:00 AM UTC Time: Satoshi Club Indonesia x NFTuloan Indonesian

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

⚠️Requirements:
👉 Join Indonesian Satoshi Club Telegram group
👉 Join NFTuloan Telegram chat

We will have the following structure:

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

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

For more details:
NFTuloan – @nftuloan
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Indonesia – @satoshi_club_indonesia

We are pleased to announce our next AMA on June 13th, 2022 at 03:00 PM UTC Time: Satoshi Club Spanish x Helio Protocol Spanish

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

⚠️Requirements:
👉 Join Satoshi Club Spanish Telegram group
👉 Join Helio Protocol Telegram group

We will have the following structure:

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

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

For more details:
Helio Protocol – @helio_money
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Since cryptocurrency grew in relevance, the world has seen the birth of several cryptocurrency projects. Each of these projects comes with its unique features and offers something spectacular to the crypto market. One of the most interesting things about the crypto space is tokens which are virtual tradable assets that are built on an existing blockchain. Tokens contribute to the growth and progress of any cryptocurrency project. 

Tokens are used for economic and investment purposes. You can earn huge profits by investing in a cryptocurrency token, and you could also lose a great deal of money too. Buying and selling cryptocurrency tokens is simply known as trading. How you know which tokens to invest in depends on how well you know the crypto market, and how skillful you are in recognizing genuine crypto projects. Excellent trading is not just about knowing which token to invest in, it is also about choosing the right exchange to trade on. 

Smarty Pay is one of the great exchanges you might want to use for your crypto trading activities. What is even better about this exchange is that they have built a native token that you can stake to earn rewards and other privileges. 

Read on to find out more about Smarty Pay.

Hello, Meet Smarty Pay! 

Smarty Pay was launched in June 2021 by a group of developers in Indonesia. It was created largely to blur the distinction between a fiat gateway and a crypto gateway. The Smarty Pay team believes that in today’s world, innovation and hope provide new 

power, as well as collaboration and harmonization of transactions. 

Smarty Pay intends to develop its native token $SPY into a full feature that can be utilized by people from all walks of life. Investors interested in long-term initiatives would be interested in the SPY Token as well as Smarty Pay’s flagship project. This project’s excellent e-commerce infrastructure would amaze investors and crypto enthusiasts. The Smarty Pay team is certain that its project highlights, De-Fi, NFT, P2E gaming, DTP, and other popular features will attract more investors and provide long-term benefits. 

Smarty pay is all about making major movements in the cryptocurrency market, and it is backed by a fun and dynamic community. This is seen in the deployment of farming and NFT pools with high APY rates. Smarty Pay’s development team wants to adapt and use technologies or protocols available in blockchain technology, such as Derivatives Trading Protocol Protocol (DTP), in the future to create a more efficient, seamlessly operating system with high security and privacy. 

Vision and Values of Smarty Pay ($SPY) 

VISION: In the words of the Smarty Pay team, the vision of Smarty Pay is:

“Our Biggest Dream Thoughts, concepts, and observations show that there is a gap between Fiat Gateway & Crypto Gateway. Innovation and hope give new power and create collaboration and harmonization of transactions in this world. The concept of anti-mainstream thinking is the basis for this conceptual amalgamation. SPY Token will be at the forefront of incorporating 3rd generation cryptocurrency. this will be a new history.” 

Smarty Pay aims to provide unrivaled value to the crypto industry. This will be accomplished via the development of the following features: 

● Spy Multi-Connector: With Smarty’s NEMOT blockchain technology, SPY Token might become a multi-connector for an extensive variety of transactions such as retail systems, omnichannel, and logistics, forming a linear system that would merge into crypto gateway harmony. 

● Spy Multi-Function: Smarty’s e-commerce blockchain company has been operational for the past four years, allowing SPY Token to be a solid and viable hybrid option for much wider applications to Fiat Gateway and Crypto Gateway. 

VALUES: Smarty Pay hopes to make its vision come alive by incorporating a set of values into its system. These values include; 

● Transparency: The $SPY Token is a decentralized and centralized finance token that is endorsed by the Smarty Pay community (SPY Community) to be its main pillar. SPY community is an open community. Smarty Pay hopes to get wider interconnection by leaving its community open. It also hopes to provide a full booster for varying sorts of transparent and accountable transactions. 

● Making it Nothing Less Than the Real-deal: Smarty Pay aims to open a new chapter in the history of cryptocurrency. The SPY Platform’s key essential pillars will be real projects, real transactions, royal community, and real values. 

● Community-Centered: The SPY Token does indeed have a sizable user base that is eager to transact. Its current few thousand users will grow into millions of helpdesks in which the peculiarity of the SPY Token enables everyone to instantly join the SPY Club.

● Blockchain NEMOT: Smarty’s core system has used the NEMOT blockchain technology from the beginning, a unique mix integrated for all forms of transactions and as the main aggregator for all types of enterprises.

Roadmap

Tokenomics

The native token of Smarty Pay is $SPY. It is a DEFI & CEFI token that the community believes will be the core foundation of the SPY Platform. SPY Token is projected to become a multi-connector for a variety of transactions including retail systems, omnichannel, and logistics. 

Smarty Token offers the economic incentives that will encourage users to contribute to and participate in the ecosystem on the SPY Platform, hence establishing a mutually beneficial system in which every player is appropriately paid for their contributions. The maximum supply of the $SPY token is 100,000,000 SPY. 

Token Allocation 

5% of the total supply of $SPY will be distributed in the presale event. 5% of the total supply of $SPY will be allocated to Charity events. 5% will be set apart to ensure the stability of the digital asset. A whopping 30% will be used for the development of the 

project and the expansion of its infrastructure. 10% of the $SPY tokens will be set apart for mining and staking operations. 10% of the total supply of $SPY tokens will be allocated to marketing and digital growth activities. The last 35% which is the highest allocated portion of the $SPY tokens will be burnt. 

Smarty Pay’s Communities 

Smarty Pay’s Website 

Get started on your Smarty Pay journey by visiting the Smarty Pay website here.

Smarty Pay’s Telegram 

Join a multitude of other Smarty Pay lovers in learning about the projects and staying ahead with the latest updates. Click here to join. 

Smarty Pay’s Twitter Where can you get the best straight-to-the-point updates if not Twitter? Join Smarty Pay’s Twitter community here.

NFTs just like true art are not just to portray but to evoke. Art moves us emotionally and helps us expand our thinking and become aware of certain truths. NFTs which are, more or less, pieces of monetized digital artwork have the same effect on us all. Although some appear to be abstract with no tangible meaning, a deeper look could reveal a hidden truth about the artwork.

NFTs, despite being new to the crypto market, have surged in popularity and become a multi-million dollar sector. We now have NFTs that are more expensive than physical artwork in museums. Everyone knows “The Merge,” which sold for $9.8 million and was the most expensive NFT ever sold. Nifty Gateway sold the NFT to 28,893 collectors who bought 312,686 units of mass. That was a massive sale! This shows how valuable NFTs are in the crypto industry.

NFTs are highly valuable assets that can be liquified. Owners of NFTs may prefer to receive liquidity rather than sell their NFTs. In this scenario, they employ platforms such as NFTuloan, which you will learn all about as you continue reading.

 Introducing NFTuloan

NFTuloan is a transparent marketplace for NFT liquidity backed by collateral. NFT owners in need of funds can use this platform to secure funding by pledging their assets as collateral for liquidity. This action rescues these persons from selling their NFT and losing it.  In addition, users can stake ETH for interest.

The cutting-edge NFT platform is the first Defi protocol for market loans and lending to be created. It is primarily concerned with tackling the concerns of frozen assets in the digital environment.

NFTuloan is poised to become the metaverse’s bank, according to its current positioning, which will allow it to provide loans to any digital assets quickly. NFTuloan was established to enable NFT enthusiasts to expand their portfolios and earn more money based on an innovative loaning and lending method.

With NFTs gaining limelight in the world economy, with billions of dollars in transactions projected, practically all firms and investors are looking for new and innovative methods to capitalize on the exciting new technology. As a result, if NFT developers and traders want to stay relevant, they’ll need liquidity to buy more NFTs and keep their portfolios current. NFTuloan believes that the smartest method to manage a portfolio is to use one’s NFT to deliver liquidity to one’s wallet, which is then reinvested in NFTs.

NFT investors can now find flash loans for a wide range of digital assets, including art and collectibles, domain names, music, photos, sports, trading cards, utility, virtual worlds, and more, using its new approach. An investor who wants instant liquidity of an NFT merely needs to evaluate the NFT’s value and set a timeframe between 1 hour and 30 days after connecting their wallet to the blockchain ecosystem. The system will review the application and deposit the authorized ETH into the user’s wallet in seconds.

NFTuloan believes that by allowing investors and artists to liquidate their collections rapidly, they would be able to boost their trading volume and earn in the marketplace. NFTuloan’s goal is to help individuals expand their portfolios by empowering the NFT community that participated in the NFT era early on. One of the most intriguing aspects of this initiative is that it is pioneering a new digital financial system by harnessing blockchain technology.

Every project is built on principles that guide its actions. The core principles of the revolutionary NFTuloan platform are efficiency, transparency, and inclusiveness. These values are all reflected in its fully automated services, transparent strategies, and intense efforts to develop a truly global service that makes capital-generating opportunities available to everyone.

Key Features of NFTuloan

Stake

Investors and artists can use the stake option to transfer ETH to NFTuLoan and stake up to 30% APR. NFTuLoan gives its users the best return on their ETH. Users can use their ETH to become liquidity providers by staking it. NFTuLoan gives lenders a terrific deal: 70% of the borrowers’ interest payments go straight to the pool, from which all lenders benefit.

Increase Your Portfolio Value 

As a borrower or a lender, you have the opportunity to expand and enhance your portfolio with NFTuLoan. As a lender, you have the chance to make extra money with your dormant ETH. Many ETH holders have adopted a HODL strategy and are not taking advantage of the current liquidity. Users may now keep and grow their income with NFTuLoan.

Unique Marketplace

NFTuLoan provides a diverse range of NFTs obtained from distressed NFT transactions of NFT borrowers who fail to pay back what they owe. These NFTs are available to the NFTuloan community at a -30% reduced rate and can only be bought with $Uloan. They are sold at the lowest possible prices and outperform all other market competitors. You would find their prices very attractive.

The NFT Market Today

The NFT market has been thriving since the beginning of 2022, with projections of over a billion dollars in purchases. Not only has the term pervaded popular culture and got people talking about digital ownership of the asset, but the market has evolved to the point where every industry is interested in it. NFT traders require liquidity to acquire additional NFTs and keep their portfolio of assets relevant and up to speed. For NFT enthusiasts, using a previously owned  NFT to bring liquidity to your wallet, to re-invest in NFTs, is the most intelligent way to leverage your portfolio.

Meet the NFTuloans Team

Roadmap

Tokenomics

The native token of the NFTuloan ecosystem is the $ULOAN token. $ULOAN  will be given to users at each transaction from the protocol, whether borrowing or lending.  With this token, users will be able to become a member of the NFTuloan platform and participate in the community and purchase NFT in the NFTuloan Marketplace for a -30% discount. Also, borrowers will be able to pay interest on these loans using the $ULOAN tokens at a 50% discount. $ULOAN will also be utilized to compensate NFTuloan users for their activity.

NFTuloan intends to create a demand and supply system between (1)users who would like to borrow ETH, but require the $ULOAN token to pay interest and (2) holders who will receive these tokens in exchange for their stake ETH.

NFTuloan intends to launch 1,000,000,000 (1 billion) $ULOAN tokens. 600 million will be sold between the presale and the public sale. The remaining 400 million will be used as rewards to investors, to airdrop to the NFT community, for staking and farming, and to reward users depending on their activity. 

Users can use their tokens to pay interest oÿ their loan, buy NFT in NFTuloan’s marketplace, and vote in the DAO

Use of Funds

• Liquidity pool: 70%
• Research + Development: 8%
• Legal + Regulatory: 2% 
• General + Administrative: 2%
• Sales + Marketing: 18%

Communities

NFTuloan Website

Visit NFTuloan to start your journey to more bliss as a content creator. Learn more about NFTuloan and get started with more fun activities here.

NFTuloan’s Twitter

Join NFTuloan’s Twitter community and connect with other NFTuloan lovers here.

NFTuloan’s Telegram

Looking for news, announcements, or conversations? Become a part of NFTuloan’s Telegram community just by clicking here.

NFTuloan’s Discord

Join NFTuloan’s Discord community and get access to amazing opportunities just by clicking here.

We are pleased to announce our next AMA on June 13th, 2022 at 01:00 PM UTC Time: Satoshi Club x Primex Finance

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Primex 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 3 questions. Primex Finance Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Primex Finance

For more details:
Primex Finance Website – primex.finance
Primex Finance Telegram – @primexfinance
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
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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  Aurora and our guest was . The AMA took place on the 9th of June.

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

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

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello  Satoshi Club! We are happy to announce our AMA session with Aurora! Welcome to Satoshi Club

@MarciaSGarcia welcome here

Pavel P

Welcome everyone and let’s meet our guest from Aurora!

A little of patience waiting for our guest to join us

Marcia Garcia

Hello everyone!! Our CEO George Narita will be answering the questions. Thank you all for having us here

Mary | Satoshi Club

@georgenarita welcome to Satoshi Club

We are happy to see you guys here today

Pavel P

Glad to see you both here!

George Narita

Hello to everyone I’m very excited and looking forward this AMA … lets go for it !!!

Mary | Satoshi Club

Let’s go

We will start with introduction

Could you please introduce yourselves and tell us how did you get into the crypto?

George Narita

My name is George Narita. I’m an enthusiast since the early stages. I’m graduated at mechanical engineer and an executive with more than 20 years of experience in Project Management and Business Process Management. I have also implemented various types of ERP in big industries working in different countries. About 4 Years ago, I got into a crypto project to develop microchips dedicated to crypto mining.

Pavel P

Wow! Impressive experience!

Mary | Satoshi Club

Wow, very interesting background!

So, what is Aurora? Why we need it now in crypto space?

George Narita

Regarding Aurora 42, I consider it a new universe, a new dimension that opens the way to a new era. A place created to offer new opportunities and experiences to transform the reality of its inhabitants.

It’s a place where you can find the answers to all the questions that we ask ourselves while living in a dynamic world that is constantly changing.

Also here, you will find all the tools to explore new horizons and take advantage of the emerging opportunities in this era of decentralized economy and WEB3.

 I firmly believe we need it in the crypto space because our differential is that we aim to stimulate native entrepreneurship on the web3 using the playful language of the metaverse.

Our economic model will provide tools for all communities to develop their economy and achieve sovereignty in this new era.

Pavel P

Nice words that create hope in better future

Mary | Satoshi Club

Awesome plans! Web3 is main direction now and as i see we need it to be comfortable for everyone

George Narita

Definitely!

Pavel P

What about your team? How many people are working on Aurora?

George Narita

This is exactly what we are aiming from

approximately 30 people

Mary | Satoshi Club

What can you add about their experience?

George Narita

We have a multidisciplinary team with engineers , developers artist and also bank people

Pavel P

A mix of everything! That makes sense when you create an ecosystem of multiple features

George Narita

Exactly that is the main idea

Pavel P

I think we are good with the introduction here. Thank you! We can now proceed to the community questions selected for you

Are you ready?

George Narita

No less important is the passion that everyone in common nourishes for the theme

Sure lets move on !!!!

Pavel P

Q1 from Telegram user @MudaraSilva

According to your Medium, Aurora42 was an inspiration of the book “Hitchhiker’s Guide to the Galaxy”. This book is a is a comedy science fiction franchise created by Douglas Adams. Can you briefly explain the connection between the fiction and Aurora42? Why did you choose a comedy science fiction to create your platform? When designing Aurora42, did you exactly copied the concepts in the book? I am asking this question because I am a fan of science fictions and films. On Aurora42 platform, I get the same experience I received when reading the book? If you have done any changes, please briefly explain about alterations.

George Narita

Of course, the inspiration comes from the book ‘Hitchhiker’s Guide to the Galaxy,” which explores the infinite possibilities of the universe; we just took the analogy from the book. The connection and the reason we chose this number is due to the number 42 being the answer to life, the universe, and everything else.

We chose a science fiction book because Aurora 42 is a metaverse where you can find answers to question s you ask yourself in an ever-evolving, dynamic world. As people move faster, businesses and things change; hence, it’s vital to have a space where people can come to prepare for this new world, and that’s what Aurora 42 metaverse is all about.

Hopefully, you will have a much more excellent experience comparing the book with the metaverse!!!

By the way, we didn’t copy any elements of the book, but a thematic game is expected to be released next year. It will be amusing and exciting.  

Mary | Satoshi Club

Do you have roadmap to see all your plans for the future?

George Narita

We are still building this roadmap and it will be published until this weekend on our landing page

Mary | Satoshi Club

Awesome! We will wait, sure, we will find a lot of interesting info there!

Thank you for your answers! Ready to proceed?

George Narita

For sure … lets keep eyes on it !!

Pavel P

Q2 from Telegram user @Highpee

Aurora 42 is described as a complete ecosystem that is designed with a focus on stimulation of personal growth and promotion of entrepreneurship in the Web 3.0 era. To achieve this, you have set up an Entrepreneurship Stimulating Fund that will be accessible to businesses to use. How is this fund expected to stimulate business generation within your platform and how can it be accessed to create real business opportunities for talented users who lack the financial capacity to bring their business ideas into reality? What type of project or individuals can access this fund and what are the selection procedures that are used to ensure that this fund are given to qualified individuals? Is this a loan or a grant and does not have to be repaid?

George Narita

We will open events on the platform for entrepreneurs to present their projects to the investor that belongs to the community. These events will have several formats and will work as a kind of “hackathon” in some cases, we will have specific themes, and in others, the themes will be free.

Our goal is to support projects in different sectors; anyone can apply, just have good ideas and be prepared!

Both investors and Aurora Foundation will have a stake in the selected projects.

Mary | Satoshi Club

So, what benefits can have individuals from your platform? How, for example, our community can participate in Aurora development?

George Narita

The benefits will range from access to information to crypto-economy related topics

to incentives to develop an entrepreneurial mindset.

By following the events, the community will know how to collaborate in each journey step.

Pavel P

Will these projects be financed out of community funds or Aurora plans to add any investment funds to its portfolio?

George Narita

This question is still open but probably we will be using both options.

Mary | Satoshi Club

Thank you for your answers! Ready to go to the next question?

George Narita

Sure

Pavel P

Q3 from Telegram user @Cheriemike

Concerning your token $A42 I read that you will be having your whitelisting soon,So when will the ICO event for $A42 token happened?Can you tell us about your tokenomics,the amount of $A42 token and how it’s distributed?And I also read that you have chosen Polygon Network for $A42,so can you tell us why you chose Polygon and will you in the future connect to other blockchains?Please explain Thanks

George Narita

Our token will be ready to be launched by the end of July and the beginning of August.     

It will be supplied with 100 billion A42 tokens; the distribution is not entirely decided, but in general terms, it will be something like advisors 7 %, foundations 18 %, company reserve 22 %, community 5 %, founders and team 18 %, Seed round 4 %, Strategic Sales 5 %, Public Sale 20 %, Exchange liquidity 1 %.

We chose Polygon because of its flexibility, performance validation, and low costs gas fees. We could see the recent “Bored Apes” problem that brought down the Ethereum network and raised the gas fee upwards.

Of course, we will connect to other blockchains. We are working with Polygon to make this interoperability possible.

Mary | Satoshi Club

Did you already close your seed round?

George Narita

Not yet we are working on it

Mary | Satoshi Club

Will you have vesting for your public/seed rounds?

George Narita

We will definitively!

Pavel P

So guys, just follow Aurora official channels to be aware of any news and updates

George Narita

LFGrow !!

Mary | Satoshi Club

Aren’t you afraid to launch in this economy? As i heard this bull market almost all VCs were ‘scammed’ by vesting, because all unlocks are now, in bear market, so they can be afraid to invest now

George Narita

This is the reason we are waiting for the best moment to launch !! And we believe in the potential of our project and have a mature vision regarding our economic model.

Mary | Satoshi Club

Wise decision!

Thank you for your answers! Ready to jump to the next question?

George Narita

LFG

Pavel P

Q4 from Telegram user @MendietaCrypto

Unfortunately, I was not able to locate your website, so cannot get any information regarding your business model. How is the main token built into the whole system? How is it being generated and distributed to users? Please also talk about rewarding system and tokenomics (launch, distribution, burning mechanism). Thanks!

Pavel P

It has already been touched partially

So please feel free to add smth

George Narita

Our website has recently gone live, but it is still a landing page and its under construction. But feel free to reach at:

www.aurora42.io

Our whitepaper will be ready by the end of this week, where you can get all this information !!

As you know, our metaverse aims to promote entrepreneurship, and we will have events that will provide the financial resources to enable these projects and stimulate communities.

We are developing a system of balancing the economy that uses some concepts of the circular flow of income.

Mary | Satoshi Club

I wish we will see your updated website soon

Pavel P

Nice graphics by the way!

George Narita

Thanks to all the team

Mary | Satoshi Club

You really did a great job! Thank you

George Narita

Thanks … I’m glad to hear that !

Mary | Satoshi Club

George, thank you for your answers! Ready for the next question?

George Narita

Sure !!

Pavel P

Q5 from Telegram user @JesusFre1tes

How does Aurora 42 empower the community by positioning itself as an “incubator” for companies and startups? How will this incubator discover talent, promote diverse activities on the platform and offer tools to stimulate the formation and growth of the economic ecosystem within the community? In addition to providing these tools and a space for entrepreneurs, the Aurora 42 metaverse will have land for sale so that users can develop their projects in these spaces?

George Narita

Entrepreneurs will have the possibility to obtain income through the projects they develop in Metaverse Aurora42. There will be several ways to become an entrepreneur and invest in projects and receive income, for example: 

The Aurora 42 metaverse comprises various districts, each supporting a different sector (art, finance, etc.), thus creating communities focused and specializing in their field. The districts all mimic what you’d expect from major cities in the world, including a financial district, art district, entertainment district, and many more. In addition, these districts act as a base for new founders who need guidance and information to help navigate the tricky business of funding and development. So whether you are a graphic novel artist, a lawyer, or an architect, your community exists within the Aurora 42 metaverse.

Aurora 42 metaverse will comprise land which will be put up for sale so users may develop their projects in these areas. There will be 144K plots available for sale to the public, with each lot divided into six groups of land called ‘Petals,’ and each petal is named after a constellation.

Mary | Satoshi Club

If i will have startup when and how i will apply to be a part of your incubation program?

George Narita

Entrepreneurship seasons will be announced, and there will be all the instructions on how it will work.

Mary | Satoshi Club

I am sure a lot of them are waiting for this announcement!

Pavel P

Already looking forward to know the details

Mary | Satoshi Club

Thank you your answers! Ready for the 6th and last question from this part?

George Narita

I’m also  anxious about that as well. Lots of disruptive businesses will grow

Let go

Pavel P

Q6 from Telegram user @ghostofcharmeleon

Hello, Aurora team.

In the basis of your metaverse, you are putting a DAO that will solve the issues of supporting independent enterprises. Anyone who has been interested in cryptocurrency for a long time knows that in order to be a participant and a member of the DAO, you need to have either project tokens or another attribute that allows you to vote, for example, NFT. In this regard, I have a question. How do you plan to implement membership in the DAO?

George Narita

To be eligible to vote in the DAO, one must have assets in Aurora42, whether token or land.

Pavel P

To build an incubator you should have a strong community. Please talk about the initiatives directed to enlarge it?

Mary | Satoshi Club

It will be equal? I mean tokens votes and land votes? May be you have some published materials about your DAO structure?

George Narita

Mainly by dissemination and partnerships

It will not be equal. For sure, there will be rules for each type of asset. As mentioned previously, we will be posting information regarding our DAO.

Mary | Satoshi Club

Gotcha! Thank you

Pavel P

Thank you for your answers during this 1st part!

Mary | Satoshi Club

We came close to the live part now

Pavel P

Oh, that will be hot!

Mary | Satoshi Club

George, are you ready for the storm of questions?

Pavel P

We open chat for 120 sec only

Once we close it back please choose 10 questions to answer

George Narita

Hoping a  good storm!!!

Pavel P

Please do not answer any questions during the storm

George Narita

ok !!

Pavel P

The great one!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @alicandogan9

I realized that Aurora’s main proposal was to democratize access to Web3 investments. What is Aurora’s strategy to achieve this? Can low-funded non-crypto people integrate with Aurora, what do we need to be able to register with Aurora?

George Narita

There are so many features being implemented it I would spend hours writing about them. But I will get a quick one ….. We will have competitions and events to promote entrepreneurship where users can present their ideas. With these selected ideas, they can receive investment from the aurora fund as well as other users can also make investments in these projects.
With the use of competitions and events aimed at entrepreneurship that will be promoted in the metaverse, these ideas will get visibility and thus draw the attention of the public and consequently of investors. Our significant differential will be to use the power of people’s networks in this environment. The creativity of each one is unlimited; what we will provide are the tools for it to be seen. Making an analogy with the outside world, it would be as if we made a hackathon inside the metaverse.
Yes, everyone can participate, just register on the site and we will send more information to the community.

Q2 from Telegram user @Rakshhit

The NFTs of Aurora 42 will be listed on Open Sea or some other market place?

George Narita

Yes, it will be listed on OpenSea and as well as on our marketplace.

Q3 from Telegram user @vezir77

Could you tell me more about the “Aurora Treasury”? For what purposes will you use this fund and who will decide the use cases? Will the Aurora community have a say in how this fund will be used?

Marcia Garcia

The Aurora treasury will take care of both maintaining the platform’s development and helping to foster entrepreneurial projects. Yes, the community will have a voice through the DAO

Q4 from Telegram user @hana4544

As a small fund investor, will I have access to Aurora? Or will only elite investors have access?

George Narita

Yes, everybody will have access, from small investors to big VC’s

Q5 from Telegram user @captainprice111

I noticed that you are helping to promote Entrepreneurship in the Aurora ecosystem, how do you plan to do that? What are your features that can help users start a business, how do you plan to realize financial support from the Aurora ecosystem? I realize your plan is to run a hackathon in the metaverse, how do you plan to do that? How will you help ideas find and support the right connections on the Aurora platform?

George Narita

We will have events in the virtual world sponsored by great artists to discover new talents and support these careers to develop in the web3 environment.
The Metaverse is a great showcase that brings creators closer to their communities; it is a platform for new talents to be able to form their communities. It has the power to put the creators’ work in evidence by converting the public into a community.
Our role, in the end, is to create an environment for all of this to happen; we will be a platform for launching artists by offering tools for this to happen. Initially, this will be through digital art, but over time we will promote events and competitions for the fashion and music world. Great ideas for fashion and music are coming, and everybody is more than welcome to join in.

Q6 from Telegram user @mamamelos2

I look for my safety first in every project due to the famous wave of SCAM that exists in the Cryptocurrency space. So, what security does Aurora42 offer me against this wave of SCAM that all cryptocurrency fanatics are experiencing? Who is behind the audit of your project? Any famous and well-known company in the crypto space? you can give us details since the community is interested in your platform. Thank you

George Narita

We take security very seriously, especially when it comes to something so sensitive, so we partner with the leading security companies in the crypto world and auditing market. But it is always worth pointing out that all users must maintain good practices with their passwords and wallets. These same companies are responsible for auditing and protecting our smart contracts in blockchain security and auditing, especially regarding SCAMMERS. We are closing our deals with companies like Certik and Hacken.

Q7 from Telegram user @Arnavx5

I read on Medium Article that Aurora 42 has come up with the concept of the “Native Brand,”

Could you explain us What is Native Brand? And what is the function of it?

George Narita

These companies will already be born in the Web3 era, not an adaptation of businesses from other generations. Instead, WEB3 enables new business models that will give birth to these native companies.

Q8 from Telegram user @demyrman

I read that Aurora supports talents like music, fashion. Could you elaborate on how this support will be? Will there be events that well-known artists will attend or support?

Marcia Garcia

Will have events in the virtual world sponsored by great artists to discover new talents and support these careers to develop in the web3 environment.
Our role, in the end, is to create an environment for all of this to happen; we will be a platform for launching artists by offering tools for this to happen. Initially, this will be through digital art, but over time we will promote events and competitions for the fashion and music world. Great ideas for fashion and music are coming, and everybody is more than welcome to join in.

Q9 from Telegram user @JoanaZ

Aurora will persist, owing to the fact that it is not reliant on a single game. The economy of this country is truly divided into several areas. Could you give a list of the many sectors that make up the morning economy? What are their distinguishing features?

George Narita

There will be many areas such as education, entertainment, leisure, and culture.
We will use the metaverse as an interface to provide a better experience through products related to these areas.
And they will deliver a better value proposition to users of products and services than traditional models.

Q10 from Telegram user @BrayantGonzalez

I understand that you are still in the initial phase of your development of Aurora 42, but I ask you, have you already decided which Blockchain to use for the development of your assets? If it is, could you tell us which one it will be? And why did you choose that network?

George Narita

We will use the polygon net. We chose it because of the network’s capacity and the more affordable costs of gas fess.

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/
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Our partners:
Telegram – @Aurora42official
Medium –  @Aurora