{"id":12627,"date":"2021-09-22T09:08:57","date_gmt":"2021-09-22T06:08:57","guid":{"rendered":"https:\/\/esatoshi.club\/?p=12627"},"modified":"2021-09-22T09:09:01","modified_gmt":"2021-09-22T06:09:01","slug":"decredit-x-satoshi-club-ama-recap-from-20th-of-september","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/09\/22\/decredit-x-satoshi-club-ama-recap-from-20th-of-september\/","title":{"rendered":"Decredit x Satoshi Club AMA Recap from 20th of September"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Hello,\nSatoshi clubbers! Another AMA took place in Satoshi Club and we would like to\nintroduce to you the AMA session with our friends from Decredit and our guests was\n@Bkdecredit. The AMA took place on 20 September<\/p>\n\n\n\n<p>The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n<p>In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong>BK:<\/strong>\nHello, guys<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Hello&nbsp;\nSatoshi Club! We are happy to announce our AMA session with Decredit!\nWelcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> today our guest &#8211; @Bkdecredit&nbsp; ! &#x1f680;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Welcome here &#x1f600;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nHi, guys nice to see you~&nbsp; my name is BK,\nI&#8217;m responsible for all marketing operations of Decredit.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &nbsp;awesome!\n&#x1f60a; welcome to Satoshi club! &#x1f643;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> BK, we are happy to e-meet you &#x1f44d;<\/p>\n\n\n\n<p>Let&#8217;s start our AMA &#x1f680;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nof course. let&#8217;s get it start!<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong>&nbsp; And\nwe will start it with intro&#x1f600;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> please tell us a bit about yourself and\nproject you represent &#x1f60a;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nDeCredit is committed to leading the DeFi protocol 2.0 market. DeCredit extends\nthe crypto-collateralised lending model with a credit-based lending model,\naiming to introduce off-chain credit ratings to the DeCredit platform using\ncredit authentication nodes and Oracle machines to provide differentiated\nlending limits and interest rates based on on-chain and off-chain credit\nassessments, bringing more lending markets into the market.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> We would also like to know the main\ngoals of Decredit project and problems which you aim to solve&#x1f600;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nSure. We hope to reduce pledges in Defi by introducing credit models. And we\nhave opened the credit related module in the test network.<\/p>\n\n\n\n<p>Done<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> sounds interesting, can you share more\ninfo about your team? who&#8217;s working at the project?<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Is your model absolutely new? Or you\nborrowed it somewhere and improve &#x1f600;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur team has rich experience in Blockchain and Crypto industry. Team members\nare from well-known blockchain teams and medias. Core dev has more than 15\nyears software and blockchain development experience. BD director is from a\nmainstream blockchain media.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> &#x1f44d; team is not public? you all\nprefer to stay anonymous?<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur model was developed by ourselves. Because we have many years of experience\nin the traditional finance industry and the credit industry, we introduced the\ntraditional credit model to the Defi area.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Awesome &#x1f600;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nSome of our core strategic partners and key investors know our core team\nmembers. It should be said that the identities of team members are not\ncompletely anonymous.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Thank you BK for great intro! It seems\nit&#8217;s time to dive deeper into the details of Decredit project with the\nquestions from our community &#x1f600;<\/p>\n\n\n\n<p>Do you want to add\nsomething or we can start?&#x1f680;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nThank you teams! For sure, let&#8217;s take the questions from the community!<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram user\n@igervacio<\/em><\/strong><\/p>\n\n\n\n<p><strong>In\none of your most recent releases an R-IDO with DuckDAO is planned, I don\u2019t know\nmuch about DuckDAO and it makes me curious that it is not a simple IDO but an\nR-IDO, I don\u2019t know if I\u2019m the one who is not very informed about it\nterminology, what does D-Credit refer to by launching an R-IDO? Does this contain\nany additional services compared to a conventional IDO? Why did your platform\nchoose DuckDAO to perform an R-IDO?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nActually, we hold IDO on DuckSTARTER platform. Let me first explain the\ndifference between DuckDAO and DuckSTARTER.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Sure &#x1f603;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nDuckDAO is a decentralized incubator that helps promising projects achieve\ntheir full potential by leveraging the investment power and buzz making\npotential of DuckDAO\u2019s community. <\/p>\n\n\n\n<p>DuckSTARTER is\nDuckDAO\u2019s public token launchpad, a service platform for blockchain projects. <\/p>\n\n\n\n<p>It will act as the\nfinal bridge between early-stage projects and the community before the project\ngoes fully public.<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nR-IDO means refundable IDO. It is the latest DuckDAO innovation, a new\nrisk-free way for the active IDO investors to gain temporary exposure to a new\nasset and observe its performance on the market while being able to get their\ncapital investment back within the first 24 hours of the token\u2019s public DEX\nlisting. <\/p>\n\n\n\n<p>Refundable IDOs make\nthe refund option available for the first 24 hours instantly via the smart\ncontract, no questions asked. <\/p>\n\n\n\n<p>More details: <\/p>\n\n\n\n<p><a href=\"https:\/\/medium.com\/duckdao\/duckdao-presents-refundable-idos-on-duckstarter-db0880b5610d\">https:\/\/medium.com\/duckdao\/duckdao-presents-refundable-idos-on-duckstarter-db0880b5610d<\/a><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> When do you plan your R-IDO?<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nDeCredit chose to cooperate with DuckSTARTER on R-IDO for two reasons. <\/p>\n\n\n\n<p>First of all,\nDuckSTARTER is one of the top 5 IDO platforms in the world, with a great\nreputation and user base. Working with them also proves that DeCredit is a\nprogram of real strength. <\/p>\n\n\n\n<p>Secondly, we value\nearly investors and we are also very confident in our projects. The strong\ncommunity user consensus and core technical team makes us confident that we\nwill perform well after Listing. Thers is nothing to be worried.<\/p>\n\n\n\n<p>Our whitelist campaign\nhas begun. IDO will be available on September 22.<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/DeCredit001?ref_src=twsrc%5Etfw\">@DeCredit001<\/a> coming to DuckSTARTER! \ud83d\ude80\ud83d\ude80\ud83d\ude80<br><br>A DeFi 2.0 protocol that empowers <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> markets by introducing the credit loan model.<br><br>\ud83d\udcd6more about here R-IDO:<a href=\"https:\/\/t.co\/csv67gLqLd\">https:\/\/t.co\/csv67gLqLd<\/a><br><br>Whitelist link: <a href=\"https:\/\/t.co\/ydCMnfw8dW\">https:\/\/t.co\/ydCMnfw8dW<\/a> <a href=\"https:\/\/t.co\/VK1UonyOz0\">pic.twitter.com\/VK1UonyOz0<\/a><\/p>&mdash; DuckDAO \ud83d\udc23 (@dao_duck) <a href=\"https:\/\/twitter.com\/dao_duck\/status\/1438171209351450628?ref_src=twsrc%5Etfw\">September 15, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Done<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Very soon! Satoshiclubbers, you have\ngood chances to participate &#x1f603;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> yeah, DuckSTARTER has a solid\nreputation &#x1f44c;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> We wish you success with upcoming R-IDO\n&#x1f680;&#x1f680;&#x1f680;<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram User\n@cleotilde1<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nhave seen that many platforms have put a huge effort into establishing the\ntesnet, you announced that you would launch your tesnet for mobile devices, not\nall of us know how to perform these installation steps correctly, What steps\nshould a common user take to implement the tesnet in a mobile device and what\nbenefits will this launch bring for the development of your DeCredit ecosystem?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nMany users in our community are also new to Defi applications. To help these\nusers, we have prepared very detailed text and video tutorials. Through these\ntutorials, anyone can learn to use our testnet. <\/p>\n\n\n\n<figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/decredit.medium.com\/decredit-user-manual-how-to-join-the-testnet-on-mobile-f95b86aaa6e\n<\/div><\/figure>\n\n\n\n<p>If users have any\nquestions in the process of using testnet, Please join our tg group, there are\nadministrators in the community will answer the relevant questions. <\/p>\n\n\n\n<p><a href=\"https:\/\/t.me\/DeCreditenglish\">https:\/\/t.me\/DeCreditenglish<\/a><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Everyone can participate in thus\nTestnet? Are there any restrictions?<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nThe launch of testnet will bring more vitality to our community. With the\ncontinuous improvement of our products, our ecological development will be\nstronger.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> if you testing your network on mobile\ndevices that&#8217;s mean your app behind the corner&#x1f609;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nEveryone can participate in the testnet activities, there are no restrictions.\nWe care about every user&#8217;s experience and feedback.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Great &#x1f44f;<\/p>\n\n\n\n<p>Thank you for your\nanswers! Ready to go to the next question?&#x1f680;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nWoo. Let&#8217;s see! Be patient, everyone.<\/p>\n\n\n\n<p>yes, please<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram\nuser&nbsp;&nbsp; @bigboicity12<\/em><\/strong><\/p>\n\n\n\n<p><strong>Learning\nabout the project, I saw that DeCredit will provide a decentralized multi-asset\nstorage pool called Mpool. What major currencies will be supported when Mpool\nis launched and how will users deposit assets into it? How will Mpool\u2019s lending\nand risk management process be directed or managed? Smart contracts are prone\nto errors and even recently three major DeFi projects have fallen victim to\nthis, costing users money. What is the main reason that makes Mpool really safe\nfor users? What will you offer to Mpool people to earn their trust and how will\nthat set you apart from other projects?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nWe currently support 5 crypto assets: BNB, USDT, ETH, BTCB and BUSD. Of course\nwe will support more crypto currencies in the near future. <\/p>\n\n\n\n<p>Users can directly\nexperience the testnet learn more details.<\/p>\n\n\n\n<p>In terms of risk\nmanagement, our core team has many years of experience in finance and lending,\nwith key members from the world&#8217;s leading financial groups. So DeCredit has its\nown risk control model, core algorithm, and we bring experience from traditional\nfinancial banks into the crypto asset world.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong>&nbsp; btw\nwhat was the motivation to choose BSC as your main network?<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nLast but not least, We have already passed the audit on knownsec, and our\ntechnical director have wealth experience on code as we will keep developing\nour product , so please don&#8217;t worry, the version you will used decredit landing\nis passing audit. <\/p>\n\n\n\n<p><a href=\"https:\/\/audit.decredit.io\/Decredit_Audit_Report.pdf\">https:\/\/audit.decredit.io\/Decredit_Audit_Report.pdf<\/a><\/p>\n\n\n\n<p>very nice &#x1f44d;<\/p>\n\n\n\n<p>BSC is a reliable\nnetwork system, and we have a very good communication channel with it, and hope\nto start further cooperation in the near future.<\/p>\n\n\n\n<p>Done<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Yes, that&#8217;s interesting question &#x1f603;\nand i want to know if BSC will be the only one blockchain which you will\nsupport?<\/p>\n\n\n\n<p><strong>BK:\n<\/strong>We\nare actively engaged in various aspects of communication. In the near future we\nwill deploy on other blockchains and bring better experience to users.<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram\nuser&nbsp; @mm_carlos<\/em><\/strong><\/p>\n\n\n\n<p><strong>We\nall know that NFTs are a popular product nowadays and you were recently working\non a product called \u201cNFT module\u201d, there is not much more information about this\nmodule, what will be the function of this module to generate income for\nDeCredit in the NFT market ? In what phase of development is this module and\nwhat associations have you considered essential to obtain popularity in the NFT\nmarket?<\/strong><\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> NFTs !<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur NFT module is in the preliminary development stage. For the smooth\ndevelopment of this module, we brought in the industry&#8217;s leading NFT experts to\nhelp us. Currently, please allow us to remain a little mysterious. At this\nstage, we won&#8217;t sharing details. For sure, the module&#8217;s design is an\nunprecedented innovation that will usher in a new era in the field, so stay\ntuned to our social media for updates. <\/p>\n\n\n\n<p>Medium\uff1a<a href=\"https:\/\/decredit.medium.com\/\">https:\/\/decredit.medium.com\/<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/DeCreditenglish\">https:\/\/t.me\/DeCreditenglish<\/a> &nbsp;<\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/decredit001?s=21\">https:\/\/twitter.com\/decredit001?s=21<\/a>\n&nbsp;<\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/decredit.io\/#\/\">https:\/\/decredit.io\/#\/<\/a> &nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nDone<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> we can keep secrets &#x1f923;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I see you prepared a lot of surprises\nfor your users&#x1f603;<\/p>\n\n\n\n<p>They will never be\nbored<\/p>\n\n\n\n<p>Satoshiclubbers, follow\n@DeCreditenglish for more updates&#x1f44d;<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram user\n@victorogb<\/em><\/strong><\/p>\n\n\n\n<p><strong>The\nplatform token of DeCredit, CDTC is said to function as a governace token\ngiving certain rights and privileges to holders. Can you let us in on some of\nthe privileges and governance rights available to CDTC token holders, and will\nDeCredit adopt a weighted system (number of individual tokens held) in applying\nthese governance rights? Also as the total token supply would be 300 million\nCDTC, with 5% and 12% allocated for airdrop and Community treasuries, can you\ntalk on your planned airdrop events and how will this allocation cover it, and\nsince Community allocations also covers marketing and governance activities,\nhow is it periodically released?<\/strong><\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Oh, sweet word airdrop &#x1f603;<\/p>\n\n\n\n<p><strong>BK:\n<\/strong>The\ngovernance mechanisms in the CDTC protocol stem from the interplay of community\nparticipation, incentives, self-regulation and policy management, all of which\nare adapted to suit the needs of the market and to survive with it. Therefore,\nwe emphasise community participation and the fact that every major decision is\nmade through shared community governance such as voting. <\/p>\n\n\n\n<p>Governance rights of\nholding CDTC include: <\/p>\n\n\n\n<p>Voting on major\nmatters, including the Credit Loan project <\/p>\n\n\n\n<p>Addition of new\ncryptocurrencies or stablecoins <\/p>\n\n\n\n<p>Adjusting variable\ninterest rates <\/p>\n\n\n\n<p>Setting fixed interest\nrates <\/p>\n\n\n\n<p>Oracle services <\/p>\n\n\n\n<p>Product rule\nimprovements&nbsp; <\/p>\n\n\n\n<p>Rating score rule\nchanges <\/p>\n\n\n\n<p>Rating level\nadjustments <\/p>\n\n\n\n<p>Improvements\/suggestions\n<\/p>\n\n\n\n<p>Please check out our\nwhite paper for more information <\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1GUdtpUMk9x19VO2cwawSXu8ykDGl7vAz\/view\">https:\/\/drive.google.com\/file\/d\/1GUdtpUMk9x19VO2cwawSXu8ykDGl7vAz\/view<\/a><\/p>\n\n\n\n<p>For airdrops, we will\nreward users CDTC through this testnet activity.&nbsp; <\/p>\n\n\n\n<p>Follow us on Twitter to\nknow more information: <\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">DeCredit Testnet Airdrop is LIVE\uff01\ud83d\ude80<br><br>\ud83c\udf8150,000 CDTC Toknes to be distributed <br><br>\ud83d\udcf2Use Testnet <a href=\"https:\/\/twitter.com\/hashtag\/airdrop?src=hash&amp;ref_src=twsrc%5Etfw\">#airdrop<\/a>  bot in Telegram <a href=\"https:\/\/t.co\/ZDrjdG2Gn8\">https:\/\/t.co\/ZDrjdG2Gn8<\/a><br><br> \ud83d\uddd3\ufe0fEnd at Sep- 28th-2021<br><br>\ud83d\udcbbTestnet\uff1a<a href=\"https:\/\/t.co\/PEfYqGDnNL\">https:\/\/t.co\/PEfYqGDnNL<\/a> <br><br>\ud83d\udcdaTutorial\uff1a<a href=\"https:\/\/t.co\/kT3FjWlYDq\">https:\/\/t.co\/kT3FjWlYDq<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Airdrops?src=hash&amp;ref_src=twsrc%5Etfw\">#Airdrops<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/BSC?src=hash&amp;ref_src=twsrc%5Etfw\">#BSC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Testnet?src=hash&amp;ref_src=twsrc%5Etfw\">#Testnet<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> <a href=\"https:\/\/t.co\/axvUCv6nY5\">pic.twitter.com\/axvUCv6nY5<\/a><\/p>&mdash; DeCredit (@DeCredit001) <a href=\"https:\/\/twitter.com\/DeCredit001\/status\/1439198826099712004?ref_src=twsrc%5Etfw\">September 18, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>BK:<\/strong>\nDone<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Nice rewards! &#x1f911;<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> nice! what a motivation to participate\nin testnet now, right Satoshi club? &#x1f609; you can get a tokens as a reward<\/p>\n\n\n\n<p>take this chance\neveryone &#x1f60a;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> how many tokens should user have to\nparticipate in governance?<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur team wants to get more community members involved in governance, but it\nalso depends on what happens when the mainnet goes live.<\/p>\n\n\n\n<p><strong>D.\n| Satoshi Club:<\/strong> then let&#8217;s wait and see &#x1f609;<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Gotcha &#x1f603;<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram user\n@Asela1112<\/em><\/strong><\/p>\n\n\n\n<p><strong>In\nfirst half of 2022, DeCredit will launch a decentralized oracle in the aim of\nbuilding a privacy solution &amp; run DeCredit scoring algorithm in a trustable\nenvironment. Can you give us a sneak peak about the decentralized oracle? Will\nit helps to relay information of DeCredit functionalities from off chain\nsources to on chain network securely? Before you integrate this feature in to\nDeCredit ecosystem, Will you test it\u2019s condition or will you make a audit for\nthis?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nYes, with Oracle, we bring real-world credits to the chain.We are a credit loan\ncompany with 200k+ user base.&nbsp; <\/p>\n\n\n\n<p>DeCredit will combine\nits credit experience and AI algorithm to blockchain and Defi ecosystem. We\nwill provide user\u2019s credit score to Defi smart contract thru an Oracle, lower\nthe TVL and thus enhance users\u2019 fund utilization&nbsp; and liqudity. <\/p>\n\n\n\n<p>In fact, we have been\ndoing relevant research in the traditional financial credit field for many\nyears and have reliable models and experience. Now users can experience our\ncredit module through the test network.&nbsp; <\/p>\n\n\n\n<p>We will launch Oracle\nmodules in the future after fully testing and auditing.<\/p>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> Can you explain who and how can get\nDecredit credit score ? In simple words &#x1f603;<\/p>\n\n\n\n<p><strong>BK:<\/strong>\nSure<\/p>\n\n\n\n<p>On our testnet, users\ncan click the Credit button after pledging CDTC. Then answer a series of\nquestions on the page, fill in the relevant information and submit. Our credit\nalgorithm will give the user credit rating, according to the different rating\nusers will be able to obtain more credit lines.<\/p>\n\n\n\n<p>Please go and\nexperience <\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">DeCredit Testnet Airdrop is LIVE\uff01\ud83d\ude80<br><br>\ud83c\udf8150,000 CDTC Toknes to be distributed <br><br>\ud83d\udcf2Use Testnet <a href=\"https:\/\/twitter.com\/hashtag\/airdrop?src=hash&amp;ref_src=twsrc%5Etfw\">#airdrop<\/a>  bot in Telegram <a href=\"https:\/\/t.co\/ZDrjdG2Gn8\">https:\/\/t.co\/ZDrjdG2Gn8<\/a><br><br> \ud83d\uddd3\ufe0fEnd at Sep- 28th-2021<br><br>\ud83d\udcbbTestnet\uff1a<a href=\"https:\/\/t.co\/PEfYqGDnNL\">https:\/\/t.co\/PEfYqGDnNL<\/a> <br><br>\ud83d\udcdaTutorial\uff1a<a href=\"https:\/\/t.co\/kT3FjWlYDq\">https:\/\/t.co\/kT3FjWlYDq<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Airdrops?src=hash&amp;ref_src=twsrc%5Etfw\">#Airdrops<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/BSC?src=hash&amp;ref_src=twsrc%5Etfw\">#BSC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Testnet?src=hash&amp;ref_src=twsrc%5Etfw\">#Testnet<\/a>  <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> <a href=\"https:\/\/t.co\/axvUCv6nY5\">pic.twitter.com\/axvUCv6nY5<\/a><\/p>&mdash; DeCredit (@DeCredit001) <a href=\"https:\/\/twitter.com\/DeCredit001\/status\/1439198826099712004?ref_src=twsrc%5Etfw\">September 18, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong>Mary\n| Satoshi Club:<\/strong> I will definitely try this&#x1f44d;<\/p>\n\n\n\n<p><strong>BK:<\/strong>thank\nyou for this first part&#x1f603;<\/p>\n\n\n\n<h2><strong>Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1 from telegram username @Xusuo<\/em><\/strong><\/p>\n\n\n\n<p><strong>DeCredit looks really solid and great project, so i\nwant to know more about the presale and publicsale from DeCredit, how can i\nparticipate ?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur IDO whitelist is in progress, and I believe that users who participate now\nstill have the opportunity to obtain our CDTC. Please check out the following\nlink to participate:<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/DeCredit001?ref_src=twsrc%5Etfw\">@DeCredit001<\/a> coming to DuckSTARTER! \ud83d\ude80\ud83d\ude80\ud83d\ude80<br><br>A DeFi 2.0 protocol that empowers <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&amp;ref_src=twsrc%5Etfw\">#DeFi<\/a> markets by introducing the credit loan model.<br><br>\ud83d\udcd6more about here R-IDO:<a href=\"https:\/\/t.co\/csv67gLqLd\">https:\/\/t.co\/csv67gLqLd<\/a><br><br>Whitelist link: <a href=\"https:\/\/t.co\/ydCMnfw8dW\">https:\/\/t.co\/ydCMnfw8dW<\/a> <a href=\"https:\/\/t.co\/VK1UonyOz0\">pic.twitter.com\/VK1UonyOz0<\/a><\/p>&mdash; DuckDAO \ud83d\udc23 (@dao_duck) <a href=\"https:\/\/twitter.com\/dao_duck\/status\/1438171209351450628?ref_src=twsrc%5Etfw\">September 15, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><strong><em>Q2 &nbsp;from telegram username @Gen_Block<\/em><\/strong><\/p>\n\n\n\n<p><strong>Does DeCredit has regional community at the moments?\nOr does it still global community? Do you plan to expand and put ambassadors in\neach prospective countries?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nWe currently support The English community, and in the near future, we will\nopen Korean, Chinese, Indonesian and other communities.<\/p>\n\n\n\n<p>We are also working on\nour global Ambassador program, which will soon be open for global ambassador\nrecruitment. Please follow our social media to participate.<\/p>\n\n\n\n<p>Medium\uff1a<a href=\"https:\/\/decredit.medium.com\/\">https:\/\/decredit.medium.com\/<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/DeCreditenglish\">https:\/\/t.me\/DeCreditenglish<\/a> &nbsp;<\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/decredit001?s=21\">https:\/\/twitter.com\/decredit001?s=21<\/a>\n&nbsp;<\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/decredit.io\/#\/\">https:\/\/decredit.io\/#\/<\/a> &nbsp;<\/p>\n\n\n\n<p><strong><em>Q3 from telegram username @sophiejohnson1<\/em><\/strong><\/p>\n\n\n\n<p><strong>What is the ultimate goal of the DeCredit project?\nIs the target audience corporations or personal investors? I read that you are\ntargeting China, Japan, Korea, USA. Not a global project?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur ultimate goal is to apply the credit model globally, which means that on a\nglobal scale, users can get loans without having to pledge any assets.<\/p>\n\n\n\n<p>In the process of\nlaunching the project, we also met partners from various fields, including\nLitentry, Labs and Crust, the reason they were eager to work with us is that\ncredit is not just Defi.<\/p>\n\n\n\n<p>The Defi market in Asia\nis very vibrant, but we want to focus on the world.<\/p>\n\n\n\n<p><strong><em>Q4 from telegram username @MdLuffyo<\/em><\/strong><\/p>\n\n\n\n<p><strong>How will your platform reconcile the real estate\nindustry with the use of NFT for RWA? How do LendCo and trusted groups work\nwith each other, can you give information about the system?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nAs the DeCredit protocol evolves and more collateral enters the DeCredit\ndeposit portfolio, we will introduce RWA, &#8220;real world assets&#8221;\n(specifically, credit quality backed collateral) designed to override DeFi\ninvestments in traditional assets.<\/p>\n\n\n\n<p>DeCredit introduced NFT\nto this real estate RWA. Trusted Group is a Trusted organization with real\nestate management and financing credit resources, such as real estate credit\ncompanies and real estate finance companies. DeCredit provides stable pools to\nwork with these Trusted groups.<\/p>\n\n\n\n<p>Trusted Group mints its\nhousing assets to NFT and deposits them in DeCredit&#8217;s pledge pool.<\/p>\n\n\n\n<p><strong><em>Q5 from telegram username @taemin_vj<\/em><\/strong><\/p>\n\n\n\n<p><strong>What would be Decredit main goal for 2022? What is\nthe best thing you have achieved so far?&nbsp;\nAnd on a personal matter, what does Decredit want to achieve in the\nCrypto ecosystem and what are you doing to make it?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\n1 st Half 2022 <\/p>\n\n\n\n<p>We will build up a\nprivacy solution and run DeCredit Scoring algorithm in a trustable environment.<\/p>\n\n\n\n<p>We will build up a\ndistributed storage solution.<\/p>\n\n\n\n<p>We will build our\ndecentralized credit oracle with node and oracle aggregators.<\/p>\n\n\n\n<p>2 nd Half 2022<\/p>\n\n\n\n<p>We will offer each of\nour user a distributed ID and count his on-chain credit data into DeCredit\nOracle1 s rating as well.<\/p>\n\n\n\n<p><strong><em>Q6 &nbsp;from telegram username @Tehokjambe<\/em><\/strong><\/p>\n\n\n\n<p><strong>From some of the problems I found in other projects,\na lot of delays in transactions. So, how about your project? Will users be more\nsatisfied with your transaction system and there will be no delays in\ntransactions?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nSo far, we have received no complaints from users about delays. This is also\ndue to the strong technical support of our R&amp;D team, and our world-leading\ntechnical capabilities.<\/p>\n\n\n\n<p><strong><em>Q7 from telegram username @Karry1999<\/em><\/strong><\/p>\n\n\n\n<p><strong>In your Website I found that Decredit is partnered\nwith LABS group , Can you tell us why you choose for partnership with LABS as\nit is real state investment firm , How does this partership benifits both the\nfirm ?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nLABS Group is the world&#8217;s first end-to-end blockchain-driven real estate\ninvestment ecosystem<\/p>\n\n\n\n<p>They want everyone to\nbe able to invest in real estate<\/p>\n\n\n\n<p>To do so, they need to\naddress several core pain points of real estate investment, namely insufficient\nliquidity, high participation costs and difficulty in cross-border investment.<\/p>\n\n\n\n<p>Because they want to be\nable to allow users to pledge their real estate tokens and then borrow from\nthem<\/p>\n\n\n\n<p>So that users can\nreinvest and leverage<\/p>\n\n\n\n<p>Therefore, the mortgage\nplatform is the best solution to the financial leverage of real estate assets.\nSo, with this need, we entered into a partnership.<\/p>\n\n\n\n<p><strong><em>Q8 from telegram username @Rinhere<\/em><\/strong><\/p>\n\n\n\n<p><strong>Will I have the Powers to govern the Decredit\nsystem?<\/strong><\/p>\n\n\n\n<p><strong>Please talk about your Governance?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nOur credit score uses different algorithmic models depending on the country in\nwhich the user lives. Users who score will enjoy a higher credit limit on our\nplatform. As we work with other projects, this will eventually allow users to\nearn multiple privileges in the crypto world on their own credit.<\/p>\n\n\n\n<p><strong><em>Q9 from telegram username @Sarika_4088<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#x2728;Recently, your project had so many collaboration .&#x1f91d;\ncan you name some of them and what does these cooperation affect your protocol\n?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nYes, so far we have officially announced partnerships with Litentry, Crust,\nLabs and Weblock.<\/p>\n\n\n\n<p>For example: We will\npartner with Litentry, a decentralized identity aggregator that connects user\nidentities across multiple networks to leverage the potential of decentralized\ncredit in loan transformation.<\/p>\n\n\n\n<p>Here&#8217;s our link to the\nofficial Litentry announcement:<\/p>\n\n\n\n<p><a href=\"https:\/\/decredit.medium.com\/decredit-forms-strategic-partnership-with-litentry-to-harness-the-potential-of-decentralized-credit-aa0ca104befd\">https:\/\/decredit.medium.com\/decredit-forms-strategic-partnership-with-litentry-to-harness-the-potential-of-decentralized-credit-aa0ca104befd<\/a><\/p>\n\n\n\n<p><strong><em>Q10 &nbsp;from telegram username @Gemshunter22<\/em><\/strong><\/p>\n\n\n\n<p><strong>Can you tell us more about your Testnet and airdrop?\nWhat are the rules and how can I join it?<\/strong><\/p>\n\n\n\n<p><strong>BK:<\/strong>\nWe&#8217;ve been very generous with this airdrop testnet campaign. 2,200 users will\nreceive 50,000 CDTC.<\/p>\n\n\n\n<p>Users only need to\ncomplete some specific tasks, such as experiencing our testnet, joining our TG\ngroup, following our Twitter, etc.<\/p>\n\n\n\n<p>Here are the details:<\/p>\n\n\n\n<p><a href=\"https:\/\/decredit.medium.com\/decredit-user-manual-how-to-join-the-testnet-on-mobile-f95b86aaa6e\">https:\/\/decredit.medium.com\/decredit-user-manual-how-to-join-the-testnet-on-mobile-f95b86aaa6e<\/a><\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><strong><em><\/em><\/strong><\/h2>\n\n\n\n<p>As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group: <a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n<p>Russian Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n<p>Spanish Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n<p>Chinese Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_cn\/\">https:\/\/t.me\/satoshi_club_cn\/<\/a> <\/p>\n\n\n\n<p>Indonesian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_indonesia\/\">https:\/\/t.me\/satoshi_club_indonesia\/<\/a> <\/p>\n\n\n\n<p>Telegram Channel: <a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our\npartners:<\/strong><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/DeCreditenglish\">https:\/\/t.me\/DeCreditenglish<\/a> &nbsp;<\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/decredit001?s=21\">https:\/\/twitter.com\/decredit001?s=21<\/a>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 Decredit and our guests was @Bkdecredit. The AMA took place on 20 September The AMA session was divided into 3 parts with a total crypto reward pool of 500$ In [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":12440,"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\/12627"}],"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\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=12627"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/12627\/revisions"}],"predecessor-version":[{"id":12628,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/12627\/revisions\/12628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/12440"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=12627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=12627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=12627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}