Mary Satoshi Club: <\/strong>Hello \nSatoshi Club! We are happy to announce our AMA session with FNDZ! Welcome to Satoshi Club😀<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Hello, dear Satoshi Club community! Today our guests are @HighRankingFNDZApe and @FNDZMOD<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Hi\nThere!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Hello\nand welcome to Satoshi Club, guys 😊<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>Hello\neveryone!<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Welcome to Satoshi Club 👏<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Nice\nto e-meet you 😊<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>How are you guys? Ready to rock today?🚀<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>lets\ndo it!<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>For\nsure!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Let’s\nstart! Introduce yourself please. How did you get to be involved in crypto\n& FNDZ<\/p>\n\n\n\n Tell us please about your position in FNDZ \n@HighRankingFNDZApe<\/p>\n\n\n\n and @FNDZMOD<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>Yeh\nsure, so hey, Im Valentino, my background is a decade in crypto. From trading\ncountless years, to helping structure ICO\u2019s back in 2016, to building the first\nregulated crypto exchange and custodian in the NL, licensed by the dutch\ncentral bank. Now going into the defi landscape and building FNDZ – an\naccessible open ecosystem for everyone to join and copy traders of their\nfriends\/ family or from experienced traders.<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>So,\nmy name is Robin, I am the Founder of the TWR Investment Group, a private\ninvestment holding that owns several regulated companies in the centralized\nfinance space. We are active with a team of 125 people spread over 7 physical\noffice locations globally. I am in\nfinance for nearly a decade now, with my entry in the crypto industry being\napproximately 5 years ago. As I moved to the background as an advisor to the\nboard for most of my companies, I am now working nearly full time as a core\ncontributor in marketing and growth to the FNDZ project.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Deep crypto experience 😄<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Give\nus a brief introduction to the project. What is the essence of FNDZ<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>FNDZ\nis the first DeFi platform that makes copy trading accessible from a truly\ndecentralized point of view. Through the FNDZ platform, you will be able to\ncopy your favorite and best performing traders (or even your successful crypto\nfriend) without ever having to monitor the markets yourself. All you need is a\nwallet and with 1 click of a button you can copy the trader you want.<\/p>\n\n\n\n Our aim is to become a fully fledgedDAO\n(decentralized autonomous organization) and that’s why the term\n“contributing” is perfect. We contribute to the initial development\nof the project, but it will be the community, or rather the owners of the $FNDZ\ntoken that will decide the future direction of the project. Currently about 30+\npeople contribute to the project with decades of experience in traditional\nfinance, entrepreneurship, brokerage, and cryptocurrency trading. Our team’s\ntalents are tailored to the task of developing the world’s easiest to use DeFI\ncopy trading platform. After all, this is a platform for traders, made by experienced\ntraders. We look forward to showing you our product, gathering feedback, and\nimproving the platform.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Also\nwe would like to know more about your team. Who is on the project team core?<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Before\nwe move on; to hook in there, Essentially ,what we are doing here is taking a\nlong proven business model out of the centralized finance space, with names\nlike E-toro and Robinhood, and deploying it in the de-fi space. We noticed that\nthe only players that were around in de-fi were massively missing a very\nimportant angle in their platforms, namely: Simplicity. We are not trying to\nreinvent the wheel here, we just decided that we wanted no centralization in a\nsuccessful business model like this, so we designed the platform in a way that\nboth experienced traders and people already involved in the industry can find\ntheir way into the platform, but at the same time keeping it extremely simple\nfor new people to jump onboard. We have chosen for de-fi, as we have seen the\nmassive growth of the industry and at the same time being aware about the\nregulatory burdens etc. that are currently being created in the centralized crypto\nindustry.<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>Our\ncore team you can find on the website www.fndz.io 🙂<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks\nfor great introduction, we will have several questions selected for the Part 1.\nReady to start?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>shoot\noff!<\/p>\n\n\n\n Q1 from Telegram\n@ItsMelissa3<\/em><\/strong><\/p>\n\n\n\n FNDZ offers a very useful and highly commented\ntool: copy trading. In copy trading, we literally copy the positions of a\nsuccessful trader directly to our personal investment account. Will FNDZ\nimplement a reputation system that allows us to better choose the trader to\ncopy? Can we copy the positions of more than one trader simultaneously? Is\nthere a maximum limit of positions that we can copy per day? And I have a\nquestion regarding the traders who share their positions with users. Do they\nreceive any kind of incentive for each position that is copied by a user?<\/em><\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>We\nhave an in -house algo that ranks and indexes the top performing trader vaults.\nPerformance is not only PNL % but based on a set of\nparameters which include but are not limited to volume, depositor amount,\namount of trades, profitability, time of creation, etc. We are also thinking of adding a comment\nsection per vault, so you can leave a comment and rate the vaults of your\nfavorite traders. Which would be an additional measuring point to evaluate. The\ntraders don’t share the position with users in that regard, the users\ncontribute capital to the traders vault and the users automatically copy all\ntrades that happen until funds are withdrawn. The incentive for the trader is\nthat he receives extra performance and management fees on top of his already\nexisting trading activity. The\nmanagement is due at the beginning and the performance fee is due at each crystallization\nperiod.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>What is the amount of fees traders will\nrecieve? Do you have any numbers?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>yeah\nof course, its subject to the trader themselves. When they create vaults they\ncan choose a maximum of 3% management and a maximum 30% perfromance, they can\nof course lower it if they want. For example, a trader could make a private\nvault only for his family and friends and ask for lower fees.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Oh, it’s very comfortable!<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>And, btw – is your platform fully live now?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>We\nwill be going fully live end of october, we just finished the demo and are\nopening up for beta testing to our ambassadors soon.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Awesome! How user can become your ambassador?😄<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>Join\nour channel, we have a sign up list ready!<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>So,\nfor now, the ambassador program is a special section of the project that we\nwill open every now and then, the ambassador have exclusive features like\nmeetings with the core team, first persons to test the beta platform, token\nrewards etc. <\/p>\n\n\n\n To become an ambassador you will need to join\nthe community, from there we will announce it.<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>https:\/\/t.me\/fndz_community<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks\nfor your great answers 😃<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Thanks, guys! Ready to proceed?<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>For\nsure!<\/p>\n\n\n\n Q2 from Telegram user @NataliyaKil<\/em><\/strong><\/p>\n\n\n\n FNDZ IDO starts on TrustPad: September 14,\n2021, 12:00 UTC. Whitelist Start: September 08, 2021, 15:00 UTC and Whitelist\nCloses: September 14, 2021, 09:00 UTC. I have fulfilled all the conditions for\nparticipation in the drawing of places on the White List. I wondered how the\nwinners for the White List will be determined: will it be random or will you\njust take the first 100 people who filled out the form? And how will they be\nnotified? What are the first things you will look at when determining the\nwinners? I would also like to know about the terms and conditions of the IDO.<\/em><\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Please\nvisit the FAQ section of trustpad. https:\/\/trustpad.io\/levels#faq They answer\nmost questions about participating, about the whitelist and the IDO itself. If\nyou still dont have you answers, join our community and ask there. We will\nalways answer your questions pretty much immediately.\nhttps:\/\/t.me\/fndz_community<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Is it your first and last IDO?<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Or may be you will have more later?😉<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>This\nis our first IDO we contribute to. Personally ive invested in countless ones.<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Same\nhere, that also drives us, we’ve seen so many and we have taken all the\nexperience from that in our own IDO now.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>yes\nyou did an incredible job👏<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>For\nthe future, we can not say yet, we are full of ideas but like to do things\nproperly and not move from one into the other.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Did you have private investors? Any private\nsales you already had?😄<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>So,\nthat’s actually a nice question, and we can be pretty proud of the outcome of\nour private and seed round which was filled in 72H. This was mainly by our\nextensive network in both crypto as well as centralized finance.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Congratulations\n🎉<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Wow! Congratulations! 👏<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>We\nraised 960k seed and 2.4mil private<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>to\nbe exact<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Will investors tokens have vesting period?😄<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>all<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Great\nresults👏<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Unbelievable 👍<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>everyone\nis vested!<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>we\nonly have serious believers behind us!<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Yes,\n24 months is also a vesting period that is considered “long” in the\nspace from our experience.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks\nfor sharing 😊<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>one of the main keys to success 🔥<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>And\nthank you for your answers<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Really long! Thank you for your answers! Ready\nto go to the next question?😄<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>No\nproblem! And yes, for sure.<\/p>\n\n\n\n Q3 from Telegram user\n@Rosane1a88<\/em><\/strong><\/p>\n\n\n\n Copy trading is a long-established business\nmodel present in mainstream platforms such as eToro, ZuluTrade, etc. The magic\nof copy trading, is that isers literally copy the positions of a successful\ntrader, with very minimal knowledge required. What are the requirements to be a\ncopy trader in FNDZ, regarding the amount of money that needs to be invested,\nhow much of the earnings are shared with the trader, and what is the minimal\namount to withdraw? how many traders are part of the copy trading platform?<\/em><\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>There\nis no requirement to become a trader, anyone can be one. The trick is being\nprofitable and staying on the leaderboard, otherwise people wont follow you. We\nare planning to launch our product with at least 150+ traders. <\/p>\n\n\n\n If you are a trader, you will love FNDZ.\nTraders will get a commission for each user who wants to copy their trades as\nwell as the performance and management fee. If a trader decides to stake FNDZ,\nhe\/she will get fee discounts and can earn rewards from every trader’s profit. <\/p>\n\n\n\n Also, we will organize\ncompetitions\/tournaments to reward the best traders. <\/p>\n\n\n\n Have a more in depth read on our token\nutility, and you will understand the entire model. <\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Your traders leaderboard portfolio can can be\ncomposed of any cryptocurrencies?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>We\nhave a curated list of asset that can be traded on each chain. This is done to\nprotect the users. There are certain threshold limits like daily traded volume,\nmarket cap size etc. The assets we enable our users to trade will be hitting\ncertain threshold levels that we consider \u201cgood\u201d in order to make sure our\nusers are protected.<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>there\nis more than 100+ assets for BSC currently and 150+ on ETH<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>that\nare fit for the list for our users<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>of\ncourse its dynamic and as certain projects increase in size and volume, they\nwill be added<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Oh, that’s super!<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Thank you for your answers! Ready for the next\nquestion?<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Sounds\ngood<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Let’s\ngoo!<\/p>\n\n\n\n Q4 from Telegram user\n@JesusFre1tes<\/em><\/strong><\/p>\n\n\n\n Established suppliers have several major\ndrawbacks, such as non-transparent models with all kinds of hidden fees, unfair\norder books, limited asset availability and much more. How, through your Copy\nTrading model, will you solve these fundamental problems that many of today\u2019s\nproviders suffer from? Is this model adaptable to all types of investments?\nWhat are the main strategies that are part of FNDZ Copy Trading and generate\nthe highest returns?<\/em><\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>We\nare a purely decentralized copy trading product. We don’t have a CEX (central\nexchange model) where we need to plug APIs into user accounts etc. On CEX\u2019s\nthere are order books that are populated by market makers. DEX\u2019s have a fundamentally\ndifferent order book namely the AMM\u2019s. Furthermore, everything is transparent\non the chain, so you will be seeing the exact fee breakdown. There are no\nhidden fees on FNDZ, everything is explained in a lot of detail in this\narticle.<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>To\nadd on that, each trader has their own strategy and that is what gives them\nedge in the market. So you will be looking for the best ones out there.<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>You\nwont be able to trade stock tokens or anything that reassembles a security of\ncourse on there. Will be purely for crypto tokens.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Thanks\nfor clarifying 😊<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Is there any way users can manipulate\nleaderboard?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>nope,\nas mentioned we got the in house rating system<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Awesome! Because as i know here people often\ntry to hack the system😂<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Thank you for your answers! Ready to jump to\nthe next question?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>yes<\/p>\n\n\n\n Q5 from Telegram user\n@alice_wonderland12<\/em><\/strong><\/p>\n\n\n\n There is a referral program in FNDZ, one\nreferral link can be created per trader. The promoter can share this referral\nlink with new traders. How much is the commission that a promoter can earn by\neach new user that joins through its link? What other benefits can promoters\nreceive?<\/em><\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>We\nwill first implement a direct referral link to invite people to a vault. This\nwill be anywhere from 0.5%-1% to start with (we will let the traders decide how\nmuch they are willing to give away). As we build out the product, we would like\nto make these fees on a rolling schedule, which means that each time the\ncrystallization period is due, the promoter gets his small share. We will be\nexplaining this in more detail as we come closer to the product rollout.<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Sure! 😄<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>We will follow your updates!<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Don’t\nforget to share with Satoshi Clubbers 😉<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Thank you for your answers! Ready for the 6th\nand last question from this part?<\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Sure\nshoot it<\/p>\n\n\n\n Q6 from Telegram user\n@AugusS7<\/em><\/strong><\/p>\n\n\n\n You say that FNDZ \u201cis governed by multiple\naudited smart contracts that will prevent losses due to hacking\u201d, but just by\nauditing these contracts, you get guarantees that there will be no scams? if\nso, then why have other projects suffered losses due to hacker attacks if their\ncontracts are audited?<\/em><\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong>Nobody\nin this world can claim that their smart contracts are 100% safe, as you have\nseen with various different projects in defi. The second they get more than 1B\nTVL (or big enough to make it worth the attackers time) hackers start targeting\nthese protocols. The only thing we can do is run them by very reputable and\ntrusted auditors like Zokyo and then do community bug bounty programs.<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>and\nensure highest level of security measures as we build 🙂<\/p>\n\n\n\n Mary Satoshi Club: <\/strong>Did you already apply for audit?<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>yeah\nwe already had our audit with Zokyo<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>will\nbe publishing that for the community as well soon<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Safety\nfirst 👌<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong><\/p>\n\n\n\n snapshot from our audit<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>will\nbe publishing it in the coming days<\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong>stay\ntuned for that <\/p>\n\n\n\n Q1 from Telegram @Jamesxmen<\/em><\/strong><\/p>\n\n\n\n When I researched on FNDZ team, I could found details of 20 members & they are skilful members in Different fields. Before starting the FNDZ, Did you guys work together in multiple projects? Do you have a office to work together or Do you work remotely? The team work takes place behind a every successful project. Does your team also give their priority to the growth of FNDZ platform? What is your attitude about your team members & the dedication that they put in to FNDZ project? Do you increase the number of team members So that Some users those who are interested on FNDZ, Can join to Core team of FNDZ project?<\/em><\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong><\/strong><\/p>\n\n\n\n Our aim is to become a fully fledgedDAO (decentralized autonomous organization) and that’s why the term “contributing” is perfect. We currently have 30+ people. some are not visible on the website for compliance reasons. We are working with veteran product teams led by ex Goldman and sachs for multiple years. We put really high importance on the product as this is what will be driving us. As we are an open ecosystem, anyone can join and work with us. We will be expanding the team actively as of 2022. For now we are finishing our sprint to the end of the year.<\/p>\n\n\n\n Q2 from Telegram @Huzur12123<\/em><\/strong><\/p>\n\n\n\n How strong💪 is your team? Many projects starts with good impression and later\u00a0 abandoned the project. What makes your project different than others<\/em><\/p>\n\n\n\n Robin I FNDZ – Will never DM first: <\/strong><\/strong><\/p>\n\n\n\n If you look at our track record, you will see that the lead contributors have been in the space for a long time. We are definitely not looking to abandon the project as we have a very promising future with this. We want to bring more retail into the space and this is the way we think will work the best. The core contributors are known for the longevity they had in their careers so far, having a healthy balance between senior heavyweights with experience in firms like Goldman Sachs as well as high potential juniors that have been contributing to big names in the crypto space like Binance.<\/p>\n\n\n\n Q3 from Telegram @abkarim2003<\/em><\/strong><\/p>\n\n\n\n Nowadays many projects have cheated people.\u00a0 In what ways can your project instill confidence in people’s minds?\u00a0 What kind of work can your project do to build trust among the people?<\/em><\/p>\n\n\n\n Valentino | FNDZ – will never DM first: <\/strong><\/strong><\/p>\n\n\n\n We have people involved that built regulated crypto exchanges that were approved by the central bank. Which means you go and get checked if you are fit to run and a credible person. We are not here to rug anyone, thats is literally the least of our intentions. In order to build trust we obviously take security and communication very seriously and we are completely transparent about everything as we go.<\/p>\n\n\n\n Q4 from Telegram @mucana<\/em><\/strong><\/p>\n\n\n\n On the FNDZ website, I did not see any incentive, without receiving tokens. What kind of incentive practices do you have in order to attract experienced traders and following users, or rewards, conveniences, etc. based on performance?<\/em><\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/image-155-1024x582.png\")
<\/figure>\n\n\n\nPart 2 \u2014 live questions from\nthe Telegram community <\/strong><\/h2>\n\n\n\n