{"id":10780,"date":"2021-07-14T10:36:00","date_gmt":"2021-07-14T07:36:00","guid":{"rendered":"https:\/\/esatoshi.club\/?p=10780"},"modified":"2021-07-14T11:00:50","modified_gmt":"2021-07-14T08:00:50","slug":"ama-satoshi-club-x-parami-july-13th-2","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/07\/14\/ama-satoshi-club-x-parami-july-13th-2\/","title":{"rendered":"AMA Satoshi Club x Parami, July 13th"},"content":{"rendered":"\n

We were delighted to welcome our guest from Parami . The AMA took place on July 13th, 2021 and our guest was @DorianWuAD3 .<\/p>\n\n\n\n

The total reward pool was 500$ and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n

Part 1 \u2014\nintroduction and questions from the\nTelegram&Bitcointalk community<\/strong><\/h2>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Hello, dear Satoshi Club community!\nWe are pleased to announce AMA with Parami.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Our honorable guest today is\n@DorianWuAD3<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Welcome to Satoshi Club!<\/p>\n\n\n\n

Dorian Wu: <\/strong>Hi everyone! Thank you both for having me here\nin  Satoshi CLUB. I am Dorian WU from\nParami Protocol. I am having an AMA for all you want to know about Parami,\nbuilding AD3 for Web 3.0.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Hello and welcome to Satoshi Club,\n@DorianWuAD3!😊<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Nice to meet you, we are glad to\nhave you here.😃<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>We are delighted to have you here\ntoday.😊<\/p>\n\n\n\n

Dorian Wu: <\/strong>I read questions from the post earlier, I find\nyou might all have read Parami lightpaper thru and posted quality questions<\/p>\n\n\n\n

Dorian Wu: <\/strong>Before we start part 1, can I make a quick\nself-introduction?  @GoldRocket27<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Yes, there will definitely be\nquestions from the community. Now tell us a little about yourself.<\/p>\n\n\n\n

Dorian Wu: <\/strong>Nice to know we are thinking the same<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>it would be great😁 How did you get to be involved in crypto &\nParami?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Of course, please tell us a little\nbit about you and about the project.<\/p>\n\n\n\n

Dorian Wu: <\/strong>so, this is Dorian WU from Parami Protocol.\nBefore co-founding Parami, I was the senior architect of DCEP (Digital Currency\nElectronic Payment), working for the People’s Bank of China. Earlier, I was\ntaking the responsibility of  core\narchitect & technical leader of TRON before DCEP project.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>You have good experience👍<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>What is the essence of Parami?<\/p>\n\n\n\n

Dorian Wu: <\/strong>From those jobs, I have gained much practical\nexperience in consensus mechanism, privacy computation, cross-chain mechanism,\netc. I hold a bachelor\u2019s and a master\u2019s degree in Software Engineering. After\nreceiving my master\u2019s from University of Chinese Academy of Sciences, I became\na blockchain enthusiast and active investor since 2013.<\/p>\n\n\n\n

Dorian Wu: <\/strong>My early purchase of Bitcoin and relevant study\nin academia inspired me to solve problems in a novel way. Now I am all in\nblockchain, co-founding Parami to explore more in the crypto world on tech side\nwith my amazing team.<\/p>\n\n\n\n

Dorian Wu: <\/strong>Yes, to the Parami part<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>what is the main idea of   the project<\/p>\n\n\n\n

Dorian Wu: <\/strong>Parami Protocol, in essence, is to build AD3.0\nfor Web 3.0<\/p>\n\n\n\n

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

Gold Rocket | Satoshi Club: <\/strong>Many experts consider these to be\nthe main directions of the next bull run.😉<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>You are in the mainstream🚀<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>I want to ask a very personal\nquestion. Did you sell your early bitcoins😁😉<\/p>\n\n\n\n

Dorian Wu: <\/strong>The reason for us to do Parami is quite\nstraightforward. We are now in such a position as web-users that tech giants\ntag our preference and push relevant promotion information in every way. We do\nnot get any reward for our attention, our identity is not ours anymore, our\nprivacy get breached. No one want any of that.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Also we would like to know about\nyour great team. Who is on the project team core?<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Your motives are obvious and\nabsolutely justified🚀<\/p>\n\n\n\n

Dorian Wu: <\/strong>Thanks, I get my appropriate rewards by the\nmarket👻<\/p>\n\n\n\n

Dorian Wu: <\/strong>Little. I consider Bitcoin as a symbol of\nbelief in crypto. I only do so out of investmental reason. (This is not a\ninvestment advice)<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Like many of us. ❤️<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>How did you choose the name of the\nproject?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Completely agree😁💪<\/p>\n\n\n\n

Dorian Wu: <\/strong>Regarding team, we have this senior full-stack\ndeveloper Mono WANG, a well-respected OG in the Rust community with many\nindependent experiences in several projects like Tron and Ledger; we have\nEdison, specializing in ZKP algorithm, MPC and all about cryptology with strong\ncommitment<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>We receive information about the\ntightening of cryptocurrency legislation in China. Has this affected you in\nsome way?<\/p>\n\n\n\n

Dorian Wu: <\/strong>The word \u201cParami\u201d in Sanskrit, commonly\ntranslated as \u201cperfection\u201d,  is used to\nrefer to Buddhist ideals. Parami means the virtues one needs to cultivate\nhimself\/herself to cross over the flood of suffering, get reborn, reach safely\nthe further shore. Like the idea of Parami Protocol, it aims at establishing a\nuniversal model for future advertising, to bring a rebirth of the digital\nidentity and personal data economy.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Amazing team😊 are you anonymous? if so, did you plan to reveal your names once?<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>This is very symbolic! And pursues\nnoble goals. You are real crypto fans❤️<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Amazing👏, an appropriate name<\/p>\n\n\n\n

Dorian Wu: <\/strong>Not much to us, because we are focusing on\nbuilding a global community and developing core functions. Investors do go\nlow-key under the pressure.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Thanks for the introduction, we will\nhave a question selected for the Part 1. Ready to start? Or want to add\nsomething?😊<\/p>\n\n\n\n

Dorian Wu: <\/strong>Yes, I am all ready!<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>@AndresM77 shoot please🚀😁<\/p>\n\n\n\n

Q1\nfrom Telegram User @andrey_seleznov <\/em><\/strong><\/p>\n\n\n\n

Hi\nParami!<\/em><\/p>\n\n\n\n

Parami\nroadmap had some very exciting plans in the Dana and Sila milestones:<\/em><\/p>\n\n\n\n

\u2013\nComplete the bridge between ETH ERC20 and the Parami substrate<\/em><\/p>\n\n\n\n

\u2013\nComplete the Parami wallet for Telegram and WeChat where users could binde\ntheir social ID and DID identity and more..<\/em><\/p>\n\n\n\n

\u2013 Ad\nplatform<\/em><\/p>\n\n\n\n

\u2013 NPOS\nmining<\/em><\/p>\n\n\n\n

I\u2019d like\nto ask if you have completed all the milestones by now and what parts were the\nmost difficult to achieve to date, maybe you could mention something that had\nhad to be postponed for the future sprint? Thank you!<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>That’s what I spoke of quality question, thank\nfor posing.<\/p>\n\n\n\n

Dorian Wu: <\/strong>I would say the second one, “Parami wallet\nfor Telegram and WeChat”, would be the most difficult yet significant\npart, because it is the priority functionality we want to deliver, also the\nfoundation layer within the Parami Protocol. We have settled the mechanism,\ndeveloped and debugged relevant codes, tirelessly pushing it to launching, a\nhuge amount of commitment<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>yes, that’s an incredible amount of\nwork.🚀<\/p>\n\n\n\n

Dorian Wu: <\/strong>If I have to prioritize the three other items,\nI would go for the Bridge > AD platform > NPOS mining, I mean, they are\nall important in different ways.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Looking the roadmap it seems that\ngreat things are coming<\/p>\n\n\n\n

Dorian Wu: <\/strong>Anything you want to go further with Q1?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>It’s very clear for me, thanks,\nwould you like to proceed with the next one?😃<\/p>\n\n\n\n

Dorian Wu: <\/strong>Definitely, committed and motivated is how I am<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>it seems to me that you already have\nsomething to be proud of. but even more lies ahead.<\/p>\n\n\n\n

Dorian Wu: <\/strong>Sure<\/p>\n\n\n\n

Q2\nfrom Telegram User @Jmagsss<\/em><\/strong><\/p>\n\n\n\n

One of\n$AD3 token utility is SETTLEMENT, where users will be rewarded by your token\neach time they interact with the ads. Can you please explain how will the\nquantity of rewards be computed and calculated. Will it be based on how long\nthe user interacted with the ads or will it be based on which the user really\nclicked the ads?<\/em><\/p>\n\n\n\n

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

Dorian Wu: <\/strong>I’m glad someone is asking about user scenario.\nThe length of the user interacting with the ads is a factor for sure, which\nentails the clicking, right?<\/p>\n\n\n\n

But we can\ngo further, one-time measurement is not good enough for advertisers, after all,\nyou give the money out but don’t know where the money go.<\/p>\n\n\n\n

Here we\nbring up a new idea, PCAP, aka Personal Crypto Advertising Preference, to\nmeasure users’ multiple times of advertising choices, and give appropriate\namount, so that advertisers can see real-time feedback of his\/her expenditure.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>hmm … interesting approach😊<\/p>\n\n\n\n

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

Dorian Wu: <\/strong>If no one have further query, let’s move to the\nnext<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Let’s go, thanks for the answer<\/p>\n\n\n\n

Q3\nfrom Telegram User @yellowchamp<\/em><\/strong><\/p>\n\n\n\n

Parami\nprovides users with a light wallet based on social media platforms (Telegram,\nWechat) and a DID Avatar solution integrated into social avatars. So,can you\nexplain how does Parami light wallet based on Telegram and Wechat works? What\nare the best features of this light wallet based on Telegram and Wechat?By the\nway,why do you choose to integrate Telegram and Wechat for your light wallet?\nAside from Telegram and Wechat,do you plan to integrate other social media\nplatforms like Facebook,Twitter or WhatsApp or other social medias platforms in\nthe future? How does this light wallet used some social avatars from DID Avatar\nsolution? Thank you<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>OK, let get to the ground. We are employing a\nnovel technique to print your PDID (take it as an id for now) onto your avatar,\nlike QR code. We build bots in Telegram and Wechat for users to access such\nyour wallet, and encoding, decoding tools. And you can get others’ avatar to\nreadily send and receive tokens to\/from them<\/p>\n\n\n\n

The best\nthing about wallet in an IM app is “LIGHT”, meaning you don’t have to\ninstall an app, you don’t have to set up an separate account and login, your\nwallet is attached to your social account.<\/p>\n\n\n\n

Similar\napproach can be applied to Facebook, Twitter and others, the work is to develop\nrespectful bots within the frame. We prioritize Telegram and WeChat for they\nare easy to use and popular among IM app users.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>So, is it necessary to pass any kind\nof KYC to use it?<\/p>\n\n\n\n

Dorian Wu: <\/strong>it is an avatar for example, notice the dots and lines of circumference of this picture<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>and does it matter? which one?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>It seems you care so much about user\nsatisfaction<\/p>\n\n\n\n

Dorian Wu: <\/strong>We are weighing the privacy against KYC action,\nin principle we won’t as we can come up with a precaution against users’ abuse<\/p>\n\n\n\n

Dorian Wu: <\/strong>it’s to elaborate the idea of printing PDID\nonto avatar<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>in my opinion this is a great idea👏<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Thanks for your answers. Ready to\nproceed to the next question? Or do you want to add something?😊<\/p>\n\n\n\n

Dorian Wu: <\/strong>let’s go ahead with next one<\/p>\n\n\n\n

Q4\nfrom Telegram User @luk4jah<\/em><\/strong><\/p>\n\n\n\n

Parami\nProtocol had partnership with DEGO. DEGO is a cross chain NFT DEFI protocol\nwhere anyone can mint NFTs, auction and trade them.My question is,Does Parami\nProtocol also have plans of integrating NFTS on it platform?And while going\nthrough Parami Ambassador Program I noticed that Parami have Fancy Outfit from\nParami\u2019s Wardrobe,Can you tell us more about it and give us a sneak peak of\nthose outfit?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>There seem to be two questions from @luk4jah <\/p>\n\n\n\n

1. Yes,\nNFT-integration is planned. We are thinking of NFT as unique showcase of a\nuser, or given a situation, a community leader, to vehicle his\/her content<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Could you tell us more about your\ncurrent partnerships?<\/p>\n\n\n\n

Dorian Wu: <\/strong>2. lol this is fun. We have this “Walk-in wardrobe” campaign (I mean ambassador program👻) for recruiting ambassadors. I can show you all the 5 outfits here, or refer to the medium article<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

Dorian Wu: <\/strong>for original images, refer to https:\/\/paramiprotocol.medium.com\/parami-ambassador-program-officially-launch-463b6a7f7013<\/a><\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>wow! it’s incredibly beautiful!😍<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Still time to join, right? Great\nopportunity Satoshiclubbers 🥳<\/p>\n\n\n\n

Dorian Wu: <\/strong>Welcome to pose your own outfit on social media\nlike twitter @dorianwu1<\/p>\n\n\n\n

Dorian Wu: <\/strong>Yes, up and running<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Actually our next question is about\nit😁, our community show a lot of\ninterest on it<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>I think one of the heroes looks like\nyou😁<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Let’s proceed with the next question😃<\/p>\n\n\n\n

Dorian Wu: <\/strong>Beside DEGO, we have reached partnerships with\nSOLV, Genesis Shards, and DuckDAO, etc, and we are exerting active effort to\nexpand the list<\/p>\n\n\n\n

Dorian Wu: <\/strong>Thanks for spotting me, lol<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Many famous and familiar names! some\nprojects were on our AMA👏<\/p>\n\n\n\n

Dorian Wu: <\/strong>All quality projects in this quality community!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Of course, only the best😁<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>It’s a pleasure to deal with you\ntoo. Great answers ❤️<\/p>\n\n\n\n

Dorian Wu: <\/strong>Honor is mine. Let’s continue<\/p>\n\n\n\n

Q5\nfrom Telegram User @antoni_azx <\/em><\/strong><\/p>\n\n\n\n

I saw\nyou published your ambassador program and there\u2019s five categories you are\nlooking for: Community Paramillionaire, Social Paramillionaire, Coding\nParamillionaire, Popular Paramillionaire and VIP Paramillionaire, can you tell\nus what is this Paramillionaire term? What does it means within your ecosystem\nand what will be the advantages for joining your Ambassador Program?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>Paramillionaire is our title for Parami\nAmbassador, we hold this strong belief that most Parami token holders will\nbecome millionaires. <\/p>\n\n\n\n

So we are\nlooking for believers in Parami to join us, and realize the belief, for that we\nwelcome (strongly in need) all roles to help in different ways. Say Community\nParamillionaire to activate and expand communities, Social Paramillionaire for\ncreate content and conduct interaction on social media, etc.<\/p>\n\n\n\n

For\nbenefit, you can get to work with Parami core team, know the latest update, get\nmonthly budget, whilelisted on token offerings<\/p>\n\n\n\n

You can\nread the complete job descriptions and benefits in this link\nhttps:\/\/paramiprotocol.medium.com\/parami-ambassador-program-officially-launch-463b6a7f7013<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Thank you for such a detailed\nanswer.<\/p>\n\n\n\n

Gold Rocket | Satoshi Club: <\/strong>Ready for the last question of this\npart of the AMA?<\/p>\n\n\n\n

Dorian Wu: <\/strong>yes<\/p>\n\n\n\n

Q6\nfrom Telegram User @YomarS11<\/em><\/strong><\/p>\n\n\n\n

Hello! I\nread in the light paper of PARAMI, in the section of Economic model of tokens,\nseveral points that seem interesting among them we have: tender, synthesize and\ngovernance, which generated some questions, which are the following: in what\nways Users will be able to bid for advertising opportunities using the tokens $\nAD3? And in what form will the participation of users be with respect to the\nchain\u2019s parameter adjustments that they will be able to make through voting?\nAnd what are the mechanisms that the PARAMI platform plans to use so that users\ncan synthesize NFT and social currencies through their native AD3 Token? Could\nyoutell us more about this system that your platform will implement, since it\npromises to be quite interactive and dynamic for users, and what seems to be it\nwill allow the development and growth of PARAMI?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>For the questions by yomarS11<\/p>\n\n\n\n

1. in what\nways Users will be able to bid for advertising opportunities using the tokens $\nAD3?<\/p>\n\n\n\n

Here we\npreferably call users biding for ad opportunities as Advertisers, they bid for\nthe ADvertising opportunities of another user’s influence, usually, in a\ncommunity. You might notice, the basic class of User can be both Advertisers\nand Influencers in our system<\/p>\n\n\n\n

2. in what\nform will the participation of users be with respect to the chain\u2019s parameter\nadjustments that they will be able to make through voting?<\/p>\n\n\n\n

There are\nmany aspects that voters can adjust by staking governance. By staking\ngovernance I mean, it is a inherent feature of Polkadot Network on which Parami\nis based. The rough idea is to propose a parameter to an amount, community\nmembers will second and vote. After the deadline, aye votes exceeds a certain\nratio, the proposal will be automatically executed because it is a ready-made\ninterface,<\/p>\n\n\n\n

3. And what\nare the mechanisms that the PARAMI platform plans to use so that users can\nsynthesize NFT and social currencies through their native AD3 Token?<\/p>\n\n\n\n

There will\nbe build-in functionality of swapping in our LIGHT wallet, to take care of such\nneeds.<\/p>\n\n\n\n

4. Could\nyou tell us more about this system that your platform will implement, since it\npromises to be quite interactive and dynamic for users.<\/p>\n\n\n\n

So it all\ngoes back to our 3 layers. Put simply, we will present the application (main\nthe wallet) to common users, open AD interface to advertisers, and run the DID\nand token system behind the scene<\/p>\n\n\n\n

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

Q1 from Telegram User @AugusS7<\/em><\/strong><\/p>\n\n\n\n

I understand that the Parami protocol allows you to believe and have your own decentralized identity, but could you really tell us why it is important to have a decentralized identity, when in DeFi you can enjoy multiple products without the need to use an identity?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>It is true in DeFi you do not have to have an identity to proceed, but there has to be an wallet address to send and receive tokens. It is the same with Parami. <\/p>\n\n\n\n

One thing that is special with Parami is that your PDID is your wallet address and vice versa. So that you can send, receive, swap tokens on one hand, watch your interested ads on the other hand. No advertiser knows your identity, because we use ZKP algorithm to make it happen.<\/p>\n\n\n\n

Q<\/em><\/strong>2<\/em><\/strong> from Telegram User <\/em><\/strong>@victorogb<\/em><\/strong><\/p>\n\n\n\n

Parami will offer support to IM apps as part of it\u2019s decentralized privacy advertising model. Therefore, what sort or type of IM app would Parami focus on, and how would such support benefit both parties?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>We are proud to say Parami Protocol can support IM apps that feature user avatars and browsing webpages within, that basically make it all IM apps.<\/p>\n\n\n\n

I take the both parties as users and IM apps. For users, the benefit is obvious, a) reward for attention, b) privacy protected, and c) smooth experience; for the apps, the more users they have, the more valuable it is, why aren’t they happy to see this happen?<\/p>\n\n\n\n

Q<\/em><\/strong>3<\/em><\/strong> from Telegram User <\/em><\/strong>@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n

Could you please clarify what pain points you are trying to solve with the AD 3.0 proposal? How exactly do you manage to make this system user-centric and at the same time increase advertisers revenue? Thank you!<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>we are trying to solve 3 pain points in the digital advertising industry:<\/p>\n\n\n\n

1. How to establish a user-centered advertising system<\/p>\n\n\n\n

2. How to gather the traffic on Web3.0 <\/p>\n\n\n\n

3. How to improve the ROI of digital advertising<\/p>\n\n\n\n

for the question to your concern, Parami Protocol is there to transfer the value to users, making the interface easy to use. It allowing users to interact with advertisements in the browser of social media apps and get the revenue credited to their wallets.<\/p>\n\n\n\n

Parami believes that the traffic of Web3.0 is no longer the traffic aggregation based on APPs or websites, but the traffic aggregation based on people (KOL, Creator, Community Owner). Parami will provide social coin-based community member value connection for these DAOs (take it for community, put simply). At the same time, DAO members usually have a common label, so the advertising and cashing method based on this characteristic will be more targeted. In a sense, advertising for a DAO equals buying the social influence of all members of a DAO.<\/p>\n\n\n\n

Q<\/em><\/strong>4<\/em><\/strong> from Telegram User <\/em><\/strong>@Amila19932<\/em><\/strong><\/p>\n\n\n\n

You have mentioned in your website that \u201cThe native token on Parami Protocol is AD3. It is a UTILITY TOKEN that can be used in 6 scenarios\u201d Could you please explain about some of these usecases? <\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>Yes, the 6 using cases, I will go to Synthesizing, Bidding, Settlement with an example. Let’s say, I myself, Dorian WU, is an influential fan of milk in my community so I issued $DORIAN token for my community members. Now, an advertiser Jack wants to buy my influence and promote his milk.<\/p>\n\n\n\n

For a starter, Jack buys some $AD3, he exchanges $AD3 into $DORIAN (the Synthesizing). He bids the ad opportunity in my community among others (the Bidding). He pays a certain of $DORIAN to members (the Settlement)<\/p>\n\n\n\n

Q<\/em><\/strong>5<\/em><\/strong> from Telegram User <\/em><\/strong>@ask2lance<\/em><\/strong><\/p>\n\n\n\n

I noticed you have an Ambassador program for the community, please what is this Ambassador program, do you have it in many languages and how can I join?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>So far we haven’t translated the article into other language because we expect ambassadors to keep a working communication in English. It is welcome to build a community in your language, at the same time we hope you can havbe a working proficiency in English<\/p>\n\n\n\n

Q<\/em><\/strong>6<\/em><\/strong> from Telegram User <\/em><\/strong>@Kabirkapoor9<\/em><\/strong><\/p>\n\n\n\n

Please share tokenomics of Parami native token? How governance works under Parami? Will there be any burning event to provide benefits to existing holders?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>Check this infograph for tokenomics. The governance happens in native Polkadot frame with litte modification. There is no major burning planned so far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

Q<\/em><\/strong>7<\/em><\/strong> from Telegram User <\/em><\/strong>@xperia3<\/em><\/strong><\/p>\n\n\n\n

In your lightpaper you identify AD 1.0 as \u201cEra of Slavery\u201d and AD 2.0 as \u201cEra of Feudalism\u201d. Finally AD 3.0 is \u201cEra of Democracy\u201d. When you put them like this, it seems like AD 3.0 is something very different and offers a lot more beneficial features. Is it really like this? Can AD 3.0 really meet with the expectations? Can Parami make it work sustainable?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>I’d say the major difference between AD 2.0 and 3.0 is the sovereignty of your data. Can you own your data and keep it to yourself only? You cannot possibly do it unless you stay offline lifetime. In the era of AD 3.0, we have it in our hands on blockchain. In our mode, as long as the advertising runs, the value transaction will sustain the system.<\/p>\n\n\n\n

Q<\/em><\/strong>8<\/em><\/strong> from Telegram User <\/em><\/strong>@Zohaya<\/em><\/strong><\/p>\n\n\n\n

The following is included in your Roadmap.\u00a0 MainNet V1: \u015b\u012bla, MainNet V2: V\u012brya, MainNet V3: dhy\u0101na, MainNet V4: Praj\u00f1\u0101 and TestNet: D\u0101na. I am curious what language it is and what does it mean. Why did you prefer to name it that way?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>Like our very name Parami, it is Sanskrit. words mean the 1st, 2nd, 3rd, and 4th phase of the perfection process (aka. Parami)<\/p>\n\n\n\n

Q<\/em><\/strong>9<\/em><\/strong> from Telegram User <\/em><\/strong>@JoanaZ<\/em><\/strong><\/p>\n\n\n\n

What techniques does Parami employ to ensure that corporations do not “run away” with investors’ money, and how do you ensure that users’ monies are safe?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>For investors’ money, we are fully committed to the ideal world of advertising to come true. Even in a bear market like the past two month, none of our investors have expressed a word of withdrawal. We have their faithful support.<\/p>\n\n\n\n

For users’ money, Parami Protocol is a code-building decentralized network, so the corporation do not “own” anyone’s money after we do IDO, the money goes freely. All we have to do is to AUDIT the code and make it safe.<\/p>\n\n\n\n

Q1<\/em><\/strong>0<\/em><\/strong> from Telegram User <\/em><\/strong>@Sumione<\/em><\/strong><\/p>\n\n\n\n

Is your project a global or targeted to Chinese market mostly ? Do you have any restrictions to any regions and how will you increase adoption of non crypto investors?<\/em><\/p>\n\n\n\n

Dorian Wu: <\/strong>No, we have no intention to develop a Chinese-centered market, but a global one. Before the uncertain regulation in China settles down, we are not doing active promotion to Chinese audience.<\/p>\n\n\n\n

For non-crypto investors, I would say once the advertising operation starts to run, they will quickly realize the potential.<\/p>\n\n\n\n

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

In the final part we tested your knowledge in terms of Parami . They\u2019ve prepared 4 questions for this part. The total reward pool for quiz was 300$.<\/p>\n\n\n\n

For more information and\nfuture AMAs, join our Social Media channels:<\/strong>
\nEnglish Telegram group: https:\/\/t.me\/Satoshi_club<\/a>
\nRussian Telegram group: https:\/\/t.me\/satoshi_club_ru<\/a><\/p>\n\n\n\n

Spanish Telegram group: https:\/\/t.me\/satoshi_club_spanish<\/a>
\nTelegram Channel: https:\/\/t.me\/satoshi_club_channel<\/a>
\nTwitter: https:\/\/twitter.com\/realsatoshiclub<\/a>
\nWebsite: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Our partners:<\/strong><\/strong><\/p>\n\n\n\n

Parami Website \u2013\u00a0parami.io<\/a>
Parami Telegram \u2013\u00a0@ParamiProtocolEN<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

We were delighted to welcome our guest from Parami . The AMA took place on July 13th, 2021 and our guest was @DorianWuAD3 . The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you. Part 1 […]<\/p>\n","protected":false},"author":34,"featured_media":10781,"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\/10780"}],"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\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=10780"}],"version-history":[{"count":3,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10780\/revisions"}],"predecessor-version":[{"id":10788,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/10780\/revisions\/10788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/10781"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=10780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=10780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=10780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}