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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 SappChat and our guests were @ogtothestar @sappchat001 @osopn and @vladimir_katansky. The AMA took place on 5 July.<\/p>\n\n\n\n
The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n
In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Mary\n| Satoshi Club:<\/strong> Hello \nSatoshi Club! We are happy to announce our AMA session with Sapp!\nWelcome to Satoshi Club😀<\/p>\n\n\n\n Sapp\nChat:<\/strong> Thanks for having us today<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Hello, welcome to Satoshi Club 👏<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Hi dear Satoshi Club❤️!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> How’s going?<\/p>\n\n\n\n Sapp\nChat:<\/strong> I am the speaker for today’s AMA<\/p>\n\n\n\n Other team members are\nalso here with us<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Hello our guests🤗<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Nice to e-meet you! Let’s start 🚀<\/p>\n\n\n\n Sapp\nChat:<\/strong> 🆗<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> For the beginning we want to ask you to\nintroduce yourself and tell us more about Sapp!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Introduce youreself😊 As\nfar as I know our guests today<\/p>\n\n\n\n @ogtothestar\n@sappchat001 @osopn and @vladimir_katansky<\/p>\n\n\n\n Sapp\nChat:<\/strong> SappChat began its journey a few years back with\nfew team members, and today we are blessed with a strong team that brings\ndecades of extensive experience in building successful products and solutions\nwith immense expertise in blockchain development, software architecture,\nsecurity, business, engineering, security, finance, marketing, and legal.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> it sounds very promising👍<\/p>\n\n\n\n Sapp\nChat:<\/strong> Kindly check SappChat team\u2019s profile and their\ncorresponding Linkedin here: https:\/\/sappchat.com\/team\/<\/a>\n <\/p>\n\n\n\n Also you can check our\nstrategic partners here: https:\/\/sappchat.com\/token-sale\/<\/a>\n (scroll to second to last section of the\npage) <\/p>\n\n\n\n Follow us on social\nplatforms (E.g. Telegram https:\/\/t.me\/sappchatchannel<\/a>\n, twitter: https:\/\/twitter.com\/SappChatApp<\/a>\n etc.) for more of our strategic partner\nannouncements!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> What is a main idea behind Sapp? How\nlong did you develop Sapp?<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for sharing👍<\/p>\n\n\n\n Sapp\nChat:<\/strong> Do you mean SappChat<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Of course 😀<\/p>\n\n\n\n Sapp\nChat:<\/strong> Thanks for the question<\/p>\n\n\n\n We came up with the\nSappChat idea around 2019 as a result of a need in the market:<\/p>\n\n\n\n For instance mobile\napplications have become an integral part of today\u2019s phones that contain\nmultimedia features such as text\/audio\/video chats, group chats, message\nnotifications, status updates, and media sharing.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Yes! it is very relevant😌<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> A lot of features! Very interesting!<\/p>\n\n\n\n Sapp\nChat:<\/strong> The use of mobile applications exceeds the use of\nsocial networking websites, with the most prominent applications being WhatsApp\n(with over a billion users), WeChat (with more than 900 million Chinese users),\nsame goes to Facebook, Viber etc.<\/p>\n\n\n\n Today, no Interpersonal\ncommunications and financial operations are private and safe anymore. More so,\nmobile payments, money transfers, and shopping are not excluded from these\ntypes of privacy violations in most countries worldwide. <\/p>\n\n\n\n For detailed reasons, please check our \u201cABOUT\u201d Page: https:\/\/sappchat.com\/about\/<\/a> and Whitepaper: https:\/\/sappchat.com\/docs\/<\/a><\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Sure! We will definitely check this!🚀<\/p>\n\n\n\n Thank you for your\nintro😀 are you ready to dive deeper into the details with the questions\nfrom our community?<\/p>\n\n\n\n Sapp\nChat:<\/strong> Still answering the above question in detail.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Sure 😃<\/p>\n\n\n\n Sapp\nChat:<\/strong> Sappchat is a game-changer in the use of mobile\nmessaging. In Sappchat, we aspire to return to each individual worldwide the\ncontrol over personal safety and privacy and, most importantly, the control\nover their life.<\/p>\n\n\n\n SappChat is the world\u2019s\nfirst Decentralized Messaging App with integrated Decentralized Banking powered\nby Blockchain and Artificial Intelligence Technology.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Why you need blockchain for Sappchat?😃<\/p>\n\n\n\n Sapp\nChat:<\/strong> Sappchat fully implements Blockchain technology and\nits bullet-proof encryption to ensure the complete privacy of users.<\/p>\n\n\n\n 🆗<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thank you very much for your\nanswers! ready to move on to questions from the community? 🙂<\/p>\n\n\n\n Sapp\nChat:<\/strong> Yes please.<\/p>\n\n\n\n Q1 from Telegram user\n@h1drX<\/em><\/strong><\/p>\n\n\n\n One\nof the unique and innovative features introduced in Sappchat is the integration\nof Artificial Intelligence (AI) technologies in the application. Many platforms\nuse artificial intelligence for multiple algorithms that determine certain\nthings, so I am interested in knowing what artificial intelligence is for in\nSappchat. What are the applications that you give to artificial intelligence in\nSappchat?<\/strong><\/p>\n\n\n\n Sapp\nChat:<\/strong> The Artificial Intelligence feature provides new services within SAPPCHAT\nMessaging App for better user experience. This helps for a high level of optimization, to better utilize blockchain\nand to provide adequate service quality that would support high capacities on\nboth the communications and financial transactions happening on SappChat App.<\/p>\n\n\n\n For example, with this\nunique feature, users can better understand who they are chatting with, which\nwill invariably improve their chatting experience. It learns from the user\npre-typed responses or messages, and helps make smart responses when the need\narises.<\/p>\n\n\n\n Sappchat\u2019s AI would\nalso allow users to use their voice to take action, search for exchange and\nprotocol partners, surf contacts and manage the user’s wallet seamlessly\nwithout touching the device.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> What interesting tools and\nfeatures!<\/p>\n\n\n\n Sapp\nChat:<\/strong> Lastly,Sappchat’s AI embedded technologies would\nprovide users with financial predictive analytics and insights on\ncryptocurrency trades. i.e. the technology will track the values of\ncryptocurrencies and their trade and will offer Sappchat users recommendations\nbased on financial predictive analytics, including exchange rate forecasts and\nexpected completion of transactions.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Pre-typed responses? It will be like\nT9?<\/p>\n\n\n\n Where you will get this\nanalytics? Will third parts be involved?<\/p>\n\n\n\n Sapp\nChat:<\/strong> Not much\ninvolvement, as we would use few existing API to make this possible.<\/p>\n\n\n\n Q2 from Telegram user\n@xperia3<\/em><\/strong><\/p>\n\n\n\n People\ncare about their privacy and data. The latest incident with Whatsapp proved\nthis. Many Whatsapp user abandoned Whatsapp due to privacy issues and moved to\nother apps which provide better privacy. Please give some information about the\nprivacy level of Sappchat. How private will be the users chat and data? Do\nSappchat use the data from its users? How decentralized is Sappchat and how\nmuch do Sappchat team determined to stay decentralized?<\/strong><\/p>\n\n\n\n Sapp\nChat:<\/strong> SappChat is a fully decentralised platform with the\nhelp of end-2-end encryption where nobody except the interlocutor can decipher the chat messages.<\/p>\n\n\n\n We use top-notch\nend-2-end encryption technology and the release version of the application will\ncontain it in a full-form. That means, we don\u2019t have any way to decipher the\ninformation from chats, only participants can read their chat. Fully anonymous\nand impossible to penetrate.<\/p>\n\n\n\n On top of that, our\ndata is distributed through secured channels(https) following best practices\nand the storage protected by being hosted on the private cloud network.\nInternal communication on the server also happens over the private (VPN)\nnetworks only. The system supports more security standards and compliance\ncertifications than any other solution on the market, including PCI-DSS,\nHIPAA\/HITECH, FedRAMP, GDPR, FIPS 140-2, and NIST 800-171.<\/p>\n\n\n\n While we can\u2019t reveal\nall the details by the matter of the subject itself, you can be assured that\ndata privacy & security is SappChat\u2019s top priority.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Everything looks secure ☺️ btw, about\nadditional security? Did you have any audits?<\/p>\n\n\n\n Sapp\nChat:<\/strong> We have been audited by two reputable Auditing\nfirms (CertiK and QuillAudits). The reason for making two audits is based on\nthe fact that we take security and privacy very seriously. <\/p>\n\n\n\n You can find the two\nAuditing Reports here: https:\/\/sappchat.com\/docs\/<\/a>\n (download and read).<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> 👏👏👏 awesome!<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> safety first👍<\/p>\n\n\n\n Thank you for your\nanswers! Ready for the next question?<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> Thanks for sharing<\/p>\n\n\n\n Sapp\nChat:<\/strong> 👍🏽<\/p>\n\n\n\n Q3 from Telegram user\n@luk4jah<\/em><\/strong><\/p>\n\n\n\n In\nthe social media category,there are specific apps that are more popular in the\nnon-English speaking countries.For e.g in China Wechat,Sina Weibo and Renren\nare popular there,while South Korea has KakaoTalk etc. Because of the\nincreasing importance of mobile apps, does Sappchat have any plan to localized\ntheir app to fit the needs of people who speak other languages?If you have\nplans to localize your app,which top languages will start with aside English?<\/strong><\/p>\n\n\n\n Sapp\nChat:<\/strong> Spanish and Korean first.<\/p>\n\n\n\n Our website (https:\/\/sappchat.com\/<\/a> ) is fully translated in\nKorean and Chinese language. It will be followed by Spanish, German, and more\nother localized languages in the future.<\/p>\n\n\n\n Gold\nRocket | Satoshi Club: <\/strong>Do you have any ambassador\nprograms?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong>As i know some social platforms\nprohibited in China😀 what will you do to prevent this from happening\nwith SappChat?<\/p>\n\n\n\n Sapp\nChat:<\/strong> Yes, we are currently working on the ambassadorial\nprogram. It is in the pipeline. Stay tuned for the announcement.<\/p>\n\n\n\n We have a dedicated\nlegal department that is proactively working to mitigate such situations.<\/p>\n\n\n\n Q4 from Telegram user\n@Asela1112<\/em><\/strong><\/p>\n\n\n\n Talking\non Sappchat tokenomics, as a BEP20 token, only 40% $APP from the total supply\nis to be distributed among the community members during token sale. What will\nyou expect to do with funds coming from $APP token sale? Other 60% $APP tokens\nare allocated as 20%- Marketing, 20%- staking liquidity, 10%- team &\nadvisors, 5%- future development, 4.9%- community airdrop & lastly 0.1%-\nearly backers. What is the purpose of this $APP token allocating method? I\ncouldn\u2019t discover any of burning mechanism & transaction fee of Sappchat\ntokenomics. How do you mitigate the price volatility & inflation rate of\n$APP without any burning protocal? Do you think, the price of $APP will be\nstabilized even in dump situation of the crypto market without burning\nprotocals? Can you tell us what\u2019s the transaction fee of $APP token? For what\nwill transaction fee be used in Sappchat ecosystem? Or will you not incur any\ntransaction fee in Sappchat ecosystem?<\/strong><\/p>\n\n\n\n Sapp\nChat:<\/strong> What we will do with the funds coming from token\nsale has been fully explained in our tokenomcs: https:\/\/sappchat.com\/tokenomics\/<\/a> under Fund Utilization. The purpose of the\ntoken allocating method is for proper organization, planning and to support our\nroadmap: https:\/\/sappchat.com\/roadmap\/<\/a>\n . We Actually have a burning mechanism\nin place. For example we have planned 10% of raised funds to be used for\nbuyback and incrementally burn APP token after presale, which will help the\nprice of sappchat to stabilize. This mechanism will also help the total supply\nto be reduced which would bring about appreciation in the token price.<\/p>\n\n\n\n Sapp\nChat:<\/strong> ✅<\/p>\n\n\n\n Gold\nRocket | Satoshi Club:<\/strong> where can we buy $APP<\/p>\n\n\n\n Sapp\nChat:<\/strong> 📌 PHASE 5 \nIS NOW LIVE & ONGOING AT PRICE \n$0.012 \/ 1 APP 🔥<\/p>\n\n\n\n ✅ Listing price will be about $0.1 🚀<\/p>\n\n\n\n You can participate\nhere 👇👇<\/p>\n\n\n\n