{"id":10198,"date":"2021-06-15T09:52:30","date_gmt":"2021-06-15T06:52:30","guid":{"rendered":"https:\/\/esatoshi.club\/?p=10198"},"modified":"2021-06-15T09:52:32","modified_gmt":"2021-06-15T06:52:32","slug":"taboo-x-satoshi-club-ama-recap-from-12th-of-june","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/06\/15\/taboo-x-satoshi-club-ama-recap-from-12th-of-june\/","title":{"rendered":"Taboo x Satoshi Club AMA Recap from 12th of June"},"content":{"rendered":"\n

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 Taboo and our guest was @M_Guru91 \u2013 COO of $TABOO. The AMA took place on 12th of June.<\/a><\/p>\n\n\n\n

The total reward pool was 500$ and has been split into 3 parts.<\/p>\n\n\n\n

In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n

Part 1 \u2014 introduction and questions from the Website<\/h2>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nHello Satoshi Club! We are happy to announce our AMA session with Taboo!\nWelcome to Satoshi Club😀<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong> Our honorable guest today is @M_Guru91<\/p>\n\n\n\n

Welcome to satoshi club<\/p>\n\n\n\n

Majid:<\/strong> Hi\neveryone! I\u2019m excited to be here. Thank you Satoshi Club for helping set this\nup for $TABOO 🙂<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nWe are glad to have you here😃. How is going your\nday?<\/p>\n\n\n\n

Mary | Satoshi Club<\/strong>
\nWelcome here, Majid😃<\/p>\n\n\n\n

Majid:<\/strong> It\u2019s still\nearly in the morning for me here so the day is only just getting started🙏<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nWow, have a nice day and we will try to deliver you good mood for the weekend 😉<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So,\nlet’s start 🚀<\/p>\n\n\n\n

Majid:<\/strong>
Yes 🙌🏼<\/p>\n\n\n\n

Please introduce yourself to our community 😉 tell ys your story about how did you get into the crypto.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nAnd, of course, tell us what is Taboo😊<\/p>\n\n\n\n

Majid:<\/strong> Absolutely!\nSo my name is Majid and I am the COO of $TABOO. A bit about my background: I\ncompleted a combined major degree in the art of Sciences – Physiology and\nNeuroscience, and my initial plans were I wanted to become a medical doctor\nbefore shifting my focus into other areas. After my decision against medicine,\nI launched my own successful wealth management firm for 5+ years. I led and\norganized franchise companies, did extensive public speaking in forums of\nthousands, and eventually shifted into cryptocurrency. With that, I brought my\nexperience in business with it. From there, I worked on 4 different\ncryptocurrency projects helping spearhead them and growing them with some\nreaching hundreds of millions of market cap – in areas such as PR, business\ndevelopment, strategy, and operations. Taboo is now my full focus. I will now\nshare a bit more about TABOO! \ud83d\ude42<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nGreat background 🚀<\/p>\n\n\n\n

Surr, you will help a lot Taboo😉<\/p>\n\n\n\n

Majid:<\/strong> Taboo is a\ndeflationary utility token with its own exclusive adult entertainment NFT\nmarketplace being created. It has a built in static rewards program where\nholders earn passively through the 5% tax distribution to token holders.<\/p>\n\n\n\n

TABOO is an entertainment and media-based blockchain tech\nproject utilizing NFTs to create an exciting future. The community driven\nblockchain technology project is utilizing NFTs to create an excited and most\nimportantly happy long-term holder. It\u2019s a deflationary token bringing\nexclusive never-seen-before uncensored NFT content from the adult world\nexclusively for the community members. The project is also going to deploy its\nown NFT marketplace based on adult entertainment content without depending on\nany third party.<\/p>\n\n\n\n

TABOO understands that the fundamentals of a successful coin\nhave to be MARKETING! Thus the project has been developed to bring in community\ninterest. The increased interest in Crypto currencies has given rise to several\ncrypto phenomena, the most prominent being community driven tokens and the\ncraze around non-fungible token (NFT). Taboo brings the best of both the worlds\nwith its deflationary coin along with a NFT platform that offers opportunity to\none and all. <\/p>\n\n\n\n

There will be many features to our project and it’s\nmarketplace especially! One of which being able to stake\/farm $TABOO for\nrewards. Similarly, NFTs are not a new phenomenon and has been in the space for\nover 2 years now. Until now its use case was limited to being used as a fan\ntoken for different sports clubs and video game in-game memorabilia. However,\nthis increased interest & popularity has exploded to become the favorite of\nmany mainstream artists and investors, who are very keen to be part of this\nphenomenon<\/p>\n\n\n\n

Taboo aims to reform the adult entertainment industry with\nits utility token and NFT auction platform. Thus the project has the potential\nto breach $100 million market cap first while also ensuring that the platform\ncan be accessible for artists to sell – before we hit the billions and beyond.\nWe are focused on exclusive, premium NFT content, and our marketplace which is\ncurrently being developed will have features that no other competitor in the\nspace has. We are 100% committed and focused to creating a working product that\ndoes not need to re-invent the wheel – rather, we believe in modifying and\nmaking it better. Our whitepaper which will be released in the next few days\nwill also highlight some of these plans in more detail. We are extremely\nexcited to be creating what we feel will dominate this sector of crypto! You\ncan learn more about us by visiting our website, checking and following our\nTwitter, or even noticing how our first exclusive model partnerships already\nhave surpassed any and all competition for the standard of quality, and\nprofessionalism we are bringing to this space!<\/p>\n\n\n\n

Majid:<\/strong> Done\nquestion 1.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nWhy this industry? What prospects did you find in it and why does it need a blockchain?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nFantastic concept of the project.<\/p>\n\n\n\n

Majid:<\/strong>
\nBlockchain technology, as many of you are aware, helps ensure all transactions\nare fully verifiable and proven in the Blockchain network. There is a\ndecentralization aspect to it, and with that, comes more control of one’s money\nas it cuts out intermediaries. The best example I can give is let’s say an\nindividual would like to buy a car. Instead of having to get approved by\ncrediting agencies, and having entities tell you whether you are eligible to\nbuy a vehicle, you can cut these intermediaries out entirely thus giving you\nmore control of your money. I can spend lots of time discussing the benefits of\nBlockchain, but that is not my focus for today. What I will say about the\nindustry it’s in – the adult entertainment space – is that “sex”\nreally does sell. You add a lucrative industry (96Billion dollars\/YR) , the\nadult entertainment space, and a hot and trendy subsection of crypto – NFT’s –\nand you have a powerful firestorm. Furthermore, I’d like to add, that for any\ncrypto project – 1% of it’s success comes from the idea itself. 99% comes down\nto execution. With any investment one owns, they have to be placing their faith\nin the development teams\/teams to realize said visions and goals. I have seen\nmany projects fail due to the lack of skillset, experience, or understanding of\nhow the cryptosphere works. Luckily, the $TABOO team brings with it the qualified\ncandidates necessary to make all our goals a reality.<\/p>\n\n\n\n

Done question 2<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nYes, that’s true! Idea is important and Taboo has it😉<\/p>\n\n\n\n

Majid:<\/strong>
\nIndeed :)!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\nThank you for your intro! Are you ready to start with the questions from our\ncommunity 😉<\/p>\n\n\n\n

Majid:<\/strong>
\nI’m ready. Let’s do this 😁<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nNow, we are even more excited about the project😁<\/p>\n\n\n\n

Q1 from Telegram user\n@Highpee
\n<\/em>Taboo aims to reorganise and reform\nthe adult entertainment industry by leveraging on the hype around meme tokens\nand NFTs which is associated with this current bull run. You said your project\nhas the potential to breach the $100 million market cap. This is quite\nambitious. How will you be able to actualize this ambition using the popularity\nof NFT and the trend of Meme tokens as a basis? How is your platform built to\ninspire and satisfy various categories of investors including those who like\nadult entertainment and general investors that love to invest in potential gem\nfor the financial benefit it brings?<\/strong><\/p>\n\n\n\n

Majid:<\/strong>
\nFirstly, I want to make it crystal clear to the Satoshi Club community: $TABOO\nis not a meme token. Rather, we are a full utility, deflationary token that\noperates on the Binance Smart Chain network. Just wanted to clarify that as\nthere were some featured publications from reputable News sources at the start\nof our launch that incorrectly mentioned this, which is a major distinction for\nus to clarify. The ways we are focused on actualizing this ambition comes in\nmultiple layers. Firstly, it is Marketing. Our marketing spend\/budget is more\nthan healthy – in fact, we have total freedom in how and where we need to\nspend. Without a healthy marketing budget to promote brand awareness, that\nmeans nobody is able to understand what you are, and will not buy. We continue\nto generate data analytics on all our spend to ensure we are always protecting\nour community’s interests. We believe our Marketing is superior to the\ncompetition. Example being that we have already, in just a few weeks old\nproject, been featured on globally known publication sites should as Business\nInsider (Check our Website to see the full list of featured publications).\nSecondly, this entire project hinges on our community. Without a strong and\nloyal community, we are nothing. Therefore, our #1 focus is to always remain\ntransparent, and clear with our communications. We also value community\ninsight, opinions, and ideas. We are all equals in that regard. With regards to\nour platform – one important ingredient is helping facilitate the process of\nbuying $TABOO. We are happy to have crypto savvy investors buy $TABOO, but we\nalso recognize there is a major market of buyers who just have not familiarized\nthemselves yet with crypto, and we are focused on helping ensure they\nunderstand the benefits of starting to invest in cryptocurrencies too. Lastly,\nthe best way to inspire various categories of investors is to deliver on your\npromises, and help them all make money. Since launch, during this recent market\ncorrection\/side-ways moving market, we have held strong at 10x + our initial\nlaunch Market Cap price, and we will continue to deliver and prove, through our\nswift action taking and developments, why holding $TABOO is a worthwhile\ninvestment for all of you!<\/p>\n\n\n\n

Done.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nThanks for the clear answer. Ready for the next question?😃<\/p>\n\n\n\n

Majid:<\/strong>
Ready!<\/p>\n\n\n\n

Q2 from Telegram user @andrey_seleznov
<\/em> Hi Taboo
Recently the Taboo team decided to make some alterations to the existing tokenomics. Reflections were decreased from 5% to 2% and burns from 2% to 1% plus you added a 4% fee that goes to the LP pool. What were the reasons behind these changes? New tokenomics looks less attractive from the holders perspective, combined tax is bigger while reflexive rewards are smaller. What was the holder\u2019s community reaction to this change? Thank you!<\/strong><\/p>\n\n\n\n

Majid:<\/strong>
I am thrilled this question has been asked! Happy to answer this! Yes, recently we have adjusted our tokenomics. It was always a 7% total transaction tax split between LP, burns, and reflections. Recently, we made an alteration so that for every buy and sell there is still a total of 7% txn fees, however it is broken down to 4% LP add, 1% burns, and 2% reflections\/re-distributions. Why we did this is because we wanted to promote strong and healthy liquidity leading up to our NFT Marketplace and other development plans. Once our NFT Marketplace hits, we may adjust the tokenomics slightly to reflect our vision for $TABOO being a full utility based token. We released a Medium article discussing these changes and the community were happy that we were fully transparent about it. We had initially planned to renounce the contract right after launch, but if we did, we would not have been able to strengthen our LP. Once our NFT Marketplace hits, we will do a final revision, and more than likely renounce the contract. However, we believe that it is not suitable, for right now, to fully renounce the contract yet until our NFT Marketplace working product is live, and functional. We need this flexibility to ensure that what we launch is the best product possible, and that the tokenomics make the most sense for buyers, our community, and $TABOO as a whole.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nWhere we can currently buy $TABOO?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
What’s the max supply and current market cap?<\/p>\n\n\n\n

Majid:<\/strong>
You can buy $TABOO on V2 Pancakeswap \ud83d\ude42 We are already in talks with multiple exchanges and really close to finalizing our 1st one. For the record: We were wanting to go directly to a Top 10 exchange. This is how determined we are. We learned that we cannot, despite our push to make happen list on a T1 exchange right away. Therefore, we are going to list on a respectable, high quality T2 exchange with the imminent focus of getting onto a top 10 exchange. Soon, you will be able to buy $TABOO from Pancakeswap but multiple exchanges in addition!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
Awesome! We will wait for news from you 🚀🚀🚀<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Our best wishes for Taboo on it💪<\/p>\n\n\n\n

Majid:<\/strong>
The maximum supply is 10Billion tokens, but of course we currently have ongoing burns occuring which is consistently reducing our total supply. Our current Market Cap is sitting at 2.4Mill. Our all time high is 8Mill. While this is not financial advice, and I urge everyone to always do your due diligence and research, just remember we are still extremely young and early. We are not listed on CG or CMC yet despite applications being made too. This can happen any day. We have major model partnerships we are working on, and major global entities already wanting to work with us. Our NFT Marketplace that we develop is going to have cutting edge features that no other crypto will have. We are not yet listed on our 1st exchange. Our whitepaper will be released soon. I can keep sharing but my main point is that right now, this looks to be a perfect entry point (again this is not financial advice) \ud83d\ude42<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
A great time to buy tokens, you have a great gem in hands 😃<\/p>\n\n\n\n

Majid:<\/strong>
And we will be quick to let everyone know the moment we have more news!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nSuper! Thank you for your detailed answers! Ready to go to the next question?😉<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nThank you Majid:<\/strong> is a pleasure to\nhave detailed answers.<\/p>\n\n\n\n

Majid:<\/strong>
I was BORN ready!<\/p>\n\n\n\n

Q3 from Telegram user @belkysgonzalez
<\/em> You will integrate an interactive platform where users can interact with content creators directly and pay for streaming, tips, private shows and special NFTs. Will this platform resemble the most popular streaming platforms like YouTube or Twitch? Will users have to pay some kind of membership to access this platform? And will $TABOO be the only currency accepted?<\/strong><\/p>\n\n\n\n

Majid:<\/strong>
Wonderful question! This platform, and more details will be unveiled in our upcoming Whitepaper, will include aspects like staking, farming, and it will be rewards centric every step of the way. We are designing a Tier based model where members will need to hold, and stake $TABOO in order to be eligible for different categories of “exclusive” content. The content creators themselves will have incentive to join, and stay in our Marketplace too. There will be passive income possibilities, access to exclusive content (in NFT’s, and beyond), and the development of streaming services that will be integrated into our platform too. $TABOO will not be the only currency accepted either. See, we have thought out every possible scenario\/angle here, and that’s why we are so excited with this Marketplace that we are developing. People will be able to buy, and tip\/spend in $TABOO but direct fiat and other currencies will still be possible however our aim is to ensure that all steps we take ensures positive price impact for $TABOO token itself, so be rest assured that there will be benefits to owning, and using $TABOO token relative to other currencies too. Lastly, I will mention that what we are looking to create will be the first of it’s kind in the cryptosphere. We aren’t resembling any platforms rather we are creating the one-stop shop platform that will set the new standard. I wish I could share more but you’ll need to stay tuned for the whitepaper release for even more information! 😉 It’s right around the corner and will outline all of this in even more detail!<\/p>\n\n\n\n

Done this question \ud83d\ude42<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Wonderful answer😁. Could share with us your roadmap? It seems that amazing things are coming for TABOO in the second half of 2021!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nWhat is minimum amount of TATOO users required to hold and stake to be eligible\nfor different categories?<\/p>\n\n\n\n

Majid:<\/strong>
Of course! We have an updated Roadmap which you can read by going to taboo.community. Before moving forward, I want to share that while we updated our website, and roadmap, we strongly believe in being able to pivot, adapt, and adjust along the way in this ever so rapid moving market. While we have defined our current road-map, we are open to allowing ourselves the opportunity to evolve it as $TABOO evolves and the mindsets of the team and community evolve with it. You can see in our Roadmap we have expected time-lines for reaching certain landmarks such as implementation of our holders tiers programs, listings on top CEX’s, staking\/farming portals, a merchandise store release, V1 of our Marketplace, Certik Audit (We passed Techrate with flying colours – check our website on it) but we want to do Certik and more audits, and more!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
👏<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nBtw, will you update info on dextools, i see that some part of it still missed<\/p>\n\n\n\n

https:\/\/www.dextools.io\/app\/pancakeswap\/pair-explorer\/0xb4e7b227d344c8ba1604ae241898e02da3d1fe63<\/a><\/p>\n\n\n\n

Majid:<\/strong>
This is something that the Whitepaper will touch upon. We are actually in the process of working out the mathematics on this and testing out various models around what makes the most sense. Why I say this, in case some Satoshi Club members are wondering, is because we on the $TABOO team firmly believe in underpromising, and over-delivering. We do not want to share particular information that will create an expectation in investors’ minds that if not reached, will lead to disappointment. We want to ensure that every milestone, use-case\/utility, and detailed plans is done carefully. We are not in a rush to launch this product because we are not a pump and dump token. Hype marketing, for example, only goes so far. We want to build this out right the 1st time. Our community members who have been loyal understand this, hence why even during these recent market conditions we have held our Market Cap strong \ud83d\ude42<\/p>\n\n\n\n

Yes, we are trying to get this updated. Poocoin reflects the correct information but we did notice that the information is not correct on Dextools. For example, our holder count is frozen on Dextools. It will be fixed don’t worry everyone! \ud83d\ude42<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
Super👏<\/p>\n\n\n\n

Thank you for your answers! Ready to jump to the next question?<\/p>\n\n\n\n

Majid:<\/strong>
Absolutely! 🙏<\/p>\n\n\n\n

Q4 from Telegram user @lzamg
<\/em> One of your goals for Q2 is to begin partnerships with exclusive models and adult industry stars, which is marked as completed. Can you share with us about the partnerships you have already made in the adult industry? Do they have a background in crypto? And there are two models on the Taboo website under the \u201cUpcoming partnerships\u201d section, but there\u2019s no information. Can you tell us about them?<\/strong><\/p>\n\n\n\n

Majid:<\/strong>
I\u2019ll start by sharing that $TABOO is focused on branding itself as classy, upscale, professional, and quality driven. An example of this is seen with the models we\u2019ve partnered with already and even $TABOO being on this AMA with Satoshiclub☺️<\/p>\n\n\n\n

Our first few models that we signed are considered\nsupermodels.
\nThe first is Chloe Aveniam – a Dior model and McKenzie Rose – a guess model!
\nThey have released \u201cspecial\u201d welcome videos already I urge you all to check\nthem out😜
\nIn fact, we have also agreed in principle on a deal with LiveRichMedia (check\ntheir instagram).
\nMore partnerships on the way. <\/p>\n\n\n\n

See, I would like everyone here to understand that every\nsingle decision we make we do it through the lens of what is best for $TABOO,\nthe community, and investors. We have walked away from potentially massive\nmedia groups, and entities, because we felt THEY did not bring us enough value.\nThis is how far our vision is stretched.
\nThat section for upcoming parterships will have further information when we\ncement the partnerships we know are best for us \ud83d\ude42<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nSure, you will have interesting partners😃<\/p>\n\n\n\n

Thank you for your answer! Ready to proceed?<\/p>\n\n\n\n

Majid:<\/strong>
\nYou also all heard it here first about LiveRichMedia.. oops, I might\u2019ve\ncommitted a \u201cslip\u201d announcement🤷‍♂️<\/p>\n\n\n\n

Ready!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Thanks for the sneak peek😁<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
🚀🚀🚀<\/p>\n\n\n\n

Q5 from Telegram user @orlemys
<\/em> You said you would offer never-seen-before uncensored NFT content. However, with so many restrictions in place, even for censored content, how do you plan to offer uncensored ones? What is your strategy\/technology and why have we never seen something like this before?<\/strong><\/p>\n\n\n\n

Majid:<\/strong>
Wonderful question! I am impressed with the quality of questions from Satoshi Club and it\u2019s members! I really am! <\/p>\n\n\n\n

It is true that NSFW title tokens can be met with possible\nscrutiny, but this does not have to do with NFTs themselves, but the country\u2019s\ngovernance. For example, Korea has outlawed \u201cporn\u201d so of course there will be\nlimitations in this regard for some Korean based exchanges. There are no laws\nagainst NFTs in any country for how provocative they can be though so keep that\nin mind! <\/p>\n\n\n\n

We are aware of this, and that\u2019s why we are branding\nourselves the way we have.
\nOur exclusive NFT marketplace will not be designed in a way where it\u2019s Rated R\nright from the get go. We believe that there is room for all kinds of content\ncreation – from fully clothed, seductive pictures, to more softcore style\nlingerie, to then of course more \u201crated R\u201d which will have its own section on\nthe marketplace that will require particular requirements to access. <\/p>\n\n\n\n

As I said before, we have all the data we need by measuring\nand sizing up our competition. We are already miles ahead of them for what\nwe\u2019ve achieved so far, and what the community and world will see that\u2019s unique\nis all the added features and integrations in this working marketplace. We have\nhad official NDA\u2019s signed with multiple parties because we are protecting what\nwe feel is intellectual property for the above features and implementations.
\nWe all also need to remember that many cryptos reach really high marketcaps\nwithout a working product.
\nWe will continue to market this as we go, but we know that a working product\n> than any paid marketing as it will then market itself.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
When do you plan your NFT content to go live?😃<\/p>\n\n\n\n

Btw, will you have content only for boys or for girls also?😂<\/p>\n\n\n\n

Majid:<\/strong>
As the marketplace develops , and this will take time, we will be releasing ongoing exclusive NFTs through contests, rewards for holding $TABOO, and giveaways.
Of course we\u2019re aware we need to keep our community \u201chappy\u201d in the interim😆<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Sure, which categories will Taboo have?<\/p>\n\n\n\n

Majid:<\/strong>
We want to ensure full inclusivity for all genders and gender identifications so we definitely are not going to be limiting ourselves to just one type of content😅
This will be a choice by community members. We get that TABOO is a real term. Many people are into different things. And we want everyone to be and feel empowered for this.
In fact, we will be creating an educational piece to our project so that \u201ctaboo\u201d topics as a whole can be discussed, and people can be informed about it.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>\n
\nSuper👏👏👏<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
Thank you for your answers! Are you ready for the 6th and last question from this part?🚀<\/p>\n\n\n\n

Majid:<\/strong>
\nEdited a bit more on my answer above for completion😇<\/p>\n\n\n\n

Ready!<\/p>\n\n\n\n

Q6 from Telegram user @Asela1112
<\/em> It is mentioned about launching a Taboo farming & staking portals in your Roadmap Q3. I really like farming and staking protocals due to their passive income & long term access. Already there are 2898 $TABOO holders while the total supply 9,812,130,872.534424 $TABOO. Which assets can be used for the farming and staking? How about the TVL in your liquidity pool? How long will the pool be locked? What are the special benefits that staking holders can get in your platform in addition to 2% of $TABOO distribution?<\/strong><\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
👍👍👍<\/p>\n\n\n\n

Majid:<\/strong>
I agree!
Staking\/farming is fantastic in the sense that long term holders would benefit from doing so.
Also keep in mind what impermanence loss looks like (research it), so when farming goes live we will make sure our community understands all the consequences to farming, vs staking. <\/p>\n\n\n\n

And that question on \u201cspecial benefits\u201d as much as I do not\nlike teasing the Satoshi Club community, you\u2019ll have to be patient to read our\nupcoming whitepaper that is in the final stages of completion for release in\njust a few days😉<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Well, thank you so much for your clear answers Majid. I’m happy to be here, we learn a lot about Taboo, a unique project with big potential.👏<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong>
We will definitely read your Whitepaper 😃 we still have weekend and your NFTs are not live yet, so\u2026😂<\/p>\n\n\n\n

Majid:<\/strong>
A testament to how early you all are when buying!<\/p>\n\n\n\n

Part 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n

Q1 from Telegram user @potentialsake<\/em>
Why did you name your project as TABOO and not some rocket or cum or anything else?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Great question.
Taboo in our mind is a much more marketable name than having phrases like \u201ccum\u201d and \u201cporn\u201d and \u201crocket\u201d
Remember, in terms of branding, picture yourself as an individual\/entity who would potentially want to collaborate with us. If our name wasn\u2019t designed like TABOO (a general sense term), we limit ourselves to the amount and kinds of partnerships and endorsements we can lock in. Imagine you are a celebrity with a family and reputation to protect. You will be weary to partner with some of these existing names and rightfully so.<\/p>\n\n\n\n

I\u2019m personally surprised with some of the names of other tokens. It is as if they did not consider the implications of the consequences that having a name like that can bring.<\/p>\n\n\n\n

Q2 from Telegram user @Asela1112<\/em>
Will All the appearance of NFTs be based on the models in your platform? Do you have an idea to work with porn stras also?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Yes yes and yes!
The attraction point for models and content creators is they get to promote themselves and have opportunities to earn healthy revenue streams by minting and selling their NFTs. We are even adding features that go beyond NFTs themselves – think video content, streaming services, tipping in our token for private access to exclusive content. I\u2019m excited just typing this!! <\/p>\n\n\n\n

We are already in discussions with porn stars. Remember, we are still adult entertainment focused but we want to make sure that you do not need to just be in porn to enjoy what $TABOO has to offer.<\/p>\n\n\n\n

Q3 from Telegram user @rockmorti<\/em>
Is it in your development plan to validate the progress of the project through Governance, or will these decisions remain in the hands of the main team?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> We have actually discussed governance extensively within the $TABOO team.
For now, as I\u2019ve done before, we value all community input, ideas, and suggestions.
We have run multiple community Q+A\u2019s and these happen on a consistent, and regular basis.
Feel free to check our website to also see recorded footage from our 1st AMA, and looking at our YouTube channel for other AMA\u2019s. <\/p>\n\n\n\n

Some of our existing and future initiatives have come from community members, so while there is a dev team we know that we are nothing without the support and loyalty of our community and will continue to earn their confidence and trust at all times!<\/p>\n\n\n\n

Q4 from Telegram user @sweetdoge<\/em>
Who is the $TABOO team what is the experience of the team on crypto business and do you have any female co-workers?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> The $TABOO team includes individuals in various roles, from PR, to external marketing\/social media management, internal marketing roles, tech, web development, business development, strategy, admins\/mods, and more. <\/p>\n\n\n\n

We completely understand the importance of outsourcing talent too. While many of us play a hand in multiple areas of our project (we are multi faceted in skill-set) we have core specializations too.
\nAt all times we also hire contract work talent as we go and always have an expansion mindset as seen in our recent hires for various marketing management roles \ud83d\ude42<\/p>\n\n\n\n

And yes, we do have female co-workers with us too!🔥<\/p>\n\n\n\n

Q5 from Telegram user @slla1112<\/em>
What kind of marketing plans do you have for Taboo’s long-term prosperity? Have you completed your technical work?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Marketing comes in many forms.
For example, there is paid promos\/advertising that is ongoing – check our recent Twitter posts for the volume of influencer videos we launched. This happens all the time to help increase and promote brand awareness. <\/p>\n\n\n\n

We also understand that with marketing, comes the need of understanding that it is not just what you do, it is when , and how you do it. Focused intention is paramount. Some kinds of marketing prove effective and ineffective. Some we only learn through trial and error.
\nSo, there is always ongoing short term micro marketing as well as careful planning on other kinds of marketing that are more mid to long term in nature. <\/p>\n\n\n\n

But to us, the best kind of marketing is action marketing – having the community rally as a unit to reach one common goal. No paid marketing can ever beat this. <\/p>\n\n\n\n

We\u2019re all here for the same reason too. To become financially independent, and free. Join us on this journey, and remember, to buy us and sell early is no different than selling out on your dream futures☺️<\/p>\n\n\n\n

Q6 from Telegram user @Robotliker1<\/em>
What are your listings plan on exchange?do you believe token for an adult industry will be listed in exchanges?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Hello to you too! <\/p>\n\n\n\n

Believe it or not, and I want to re-share this point:<\/p>\n\n\n\n

$TABOO wanted to go straight to a Tier 1 exchange. In the top 10. We were ready and prepared to do this last week.
However, we understand that in order to list on a T1 exchange we need to list on a T2 exchange first. So, that is our first target – a T2 exchange then we are immediately going after top 10\/top 5 exchanges \ud83d\ude42<\/p>\n\n\n\n

As for adult industry tokens, many exchanges still list them.
\nThe issue is more about deflationary tokenomics than our \u201ctitle\u201d
\nExchanges are generally not happy with deflationary tokenomics because it goes against their business models, but as said before our final tokenomics will be published in unison with our marketplace development<\/p>\n\n\n\n

Q7 from Telegram user @ask2lance<\/em>
I saw in one of your announcement that you want to get listed on BlockFolio and Delta.I know Blockfolio\/Delta are a top cryptocurrency tracking app that supports the widest variation of cryptocurrencies.Can you tell us why you want to get listed in Blockfolio and Delta since both are Tracking Apps?Are you planning to create multi-portflio for different investors and for those who are looking out for the next big thing in cryto?And how far have gone with your upvotes?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Great question!
We believe we\u2019ve already hit our upvotes with Delta and Blockfolio!
And we are now reaching out to them to list us. We will continue to bug them until they do. <\/p>\n\n\n\n

One thing I\u2019d like to add:
\nMany people are very focused on \u201cwen cmc\u201d and \u201cwen CG\u201d <\/p>\n\n\n\n

While these are valuable trust platforms to search for and understand tokens, we understand there are hundreds of tracking sites globally and worldwide with large user bases, in different languages, that don\u2019t even know or care for cmc and cg
\nSo be rest assured we are going to target all of those big tracking sites for listing too. Because to us, we don\u2019t see many cryptos doing this but it is a highly effective exposure marketing strategy<\/p>\n\n\n\n

Q8 from Telegram user @nadee5<\/em>
In your roadmap, it is mentioned about
MERCHANDISE STORE\u2026.🔥
Actually, I am interested to know,
How will MERCHANDISE STORE work? Can you tell us more details, sir?🙂<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> The merchandise store is an exciting aspect to our project!
Take a look at this first prototype😉 it will definitely include everything \u201ctaboo\u201d but with many accessories and products beyond what is expected in an adult entertainment field ☺️<\/p>\n\n\n\n

Q9 from Telegram user @nguyenben<\/em>
Congratulations Taboo! TechRate Audit Passed Successfully, when will Certik audit Contract?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Certik Audit we are about to apply for. We understand it takes a bit of time to get the final results for but be rest assured it\u2019s coming!🙏🔥<\/p>\n\n\n\n

Q10 from Telegram user @luckyboy0305<\/em>
Which one of these aspects is important for you?<\/strong><\/p>\n\n\n\n

1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally<\/strong><\/p>\n\n\n\n

In what order?<\/strong><\/p>\n\n\n\n

Majid:
<\/strong> Great question!
I would say the order of importance is:<\/p>\n\n\n\n

1) Building community trust <\/p>\n\n\n\n

Without community trust, we will not be able to hold higher price floors as consolidations in price have everything to do with community members holding.
\nWith this, naturally <\/p>\n\n\n\n

2) increasing token price and value <\/p>\n\n\n\n

Token price and value goes up when people see an investment that is worthwhile to buy. <\/p>\n\n\n\n

And then 3 + 4. <\/p>\n\n\n\n

While I enjoyed this question as a thought experiment, and a great ending question to the community member questions to the AMA, the truth is all of these 4 options are equally important and we work on all of this together, consecutively, on a daily basis.
It\u2019s our job to know what is a higher priority at any given time and we shift our focus where need be<\/p>\n\n\n\n

Part 3 \u2013 Quiz Results<\/strong><\/h2>\n\n\n\n

In the final part, we tested your knowledge in terms of Taboo. They\u2019ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
<\/strong>English Telegram group:\u00a0https:\/\/t.me\/Satoshi_club<\/a>
Russian Telegram group:\u00a0https:\/\/t.me\/satoshi_club_ru<\/a>
Spanish Telegram group:\u00a0https:\/\/t.me\/satoshi_club_spanish<\/a>
Telegram Channel:\u00a0https:\/\/t.me\/satoshi_club_channel<\/a>
Twitter:\u00a0https:\/\/twitter.com\/realsatoshiclub<\/a>
Website:\u00a0https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Our partners<\/strong>
Taboo Telegram community: https:\/\/t.me\/TABOO_OFFICIAL<\/a>
Twitter: https:\/\/twitter.com\/TABOOOFFICIAL2<\/a>
Website: https:\/\/taboo.community<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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 Taboo and our guest was @M_Guru91 \u2013 COO of $TABOO. The AMA took place on 12th of June. The total reward pool was 500$ and has been split into 3 […]<\/p>\n","protected":false},"author":10,"featured_media":9933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10198"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=10198"}],"version-history":[{"count":5,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10198\/revisions"}],"predecessor-version":[{"id":10203,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10198\/revisions\/10203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/9933"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=10198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=10198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=10198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}