We were delighted to welcome our guest from MYRA. The AMA took place on November 26th, 2021 and our guest was @themyran!<\/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
Jonah\n<\/strong>🏅🎹 | Satoshi Club: <\/strong>Dear Satoshi clubbers welcome to another AMA session<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Today we are excited to announce our\nAMA session with Myra AI!<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Our guest today is @themyran<\/p>\n\n\n\n TheMyran: <\/strong>Hi Everybody!<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Hello and welcome to Satoshi club😊<\/p>\n\n\n\n TheMyran: <\/strong>Thank you its great to be here<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>The pleasure is all ours! 🥳<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>We are super glad to have you join us here today..<\/p>\n\n\n\n TheMyran: <\/strong>of course, i have been looking forward to it\nall week \ud83d\ude42<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Let’s get started with a brief\nintroduction 🙂<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Please tell us more about your\nbackground and also how you got to be involved in crypto.<\/p>\n\n\n\n TheMyran: <\/strong>Of course<\/p>\n\n\n\n TheMyran: <\/strong>I am Brian, AKA TheMyran<\/p>\n\n\n\n TheMyran: <\/strong>I have been working in blockchain for many\nyears, primarily with build support and implementation of predictive and\nbehavioural systems<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>TheMyran is actually a cool name. 😎<\/p>\n\n\n\n TheMyran: <\/strong>unlike most people, i didnt hear about crypto\noff the back of other conversations or on the news<\/p>\n\n\n\n TheMyran: <\/strong>i actually had an opportunity to read Satoshi’s\nwhitepaper before I even understood the gravity of what it would become<\/p>\n\n\n\n TheMyran: <\/strong>but the seed was planted, and while I tiptoed\naround crypto for many years<\/p>\n\n\n\n TheMyran: <\/strong>it wasnt until many years later i had my first\nopportunity to assimilate!<\/p>\n\n\n\n TheMyran: <\/strong>and i never looked back, only forward, to\nensure my future was engrained in blockchain<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>You sure made the right decision<\/p>\n\n\n\n TheMyran: <\/strong>which eventually brought me to meeting the core\ndevs of Myra AI<\/p>\n\n\n\n TheMyran: <\/strong>and this was my moment, so i took it<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>We all have had different epiphanies\nbefore really understading and realising the true potential of the blockchain\nworld 😉<\/p>\n\n\n\n TheMyran: <\/strong>indeed this is true, and Myra AI challenges me\nto be better for crypto<\/p>\n\n\n\n TheMyran: <\/strong>i love it, its my passion<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>And this is great! And brings me to\nask you to get more in-depth with your beautiful introduction 😉<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>So, what’s your role in Myra and\nwhat are the core concepts and foundational principles behind Myra AI ?<\/p>\n\n\n\n TheMyran: <\/strong>Proudly, I am CTO at Myra AI<\/p>\n\n\n\n TheMyran: <\/strong>Myra AI is designed to take away the risk\nincurred by every day traders, and to allow retail\/consumer traders an entry\ninto the market while providing loss prevention in a way that is accessible and\neasy to understand<\/p>\n\n\n\n TheMyran: <\/strong>Our platform is designed for mass adoption, at\nscale, and to do this, we need to remove the boundaries that set apart free\nthinking and fear mindsets<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>It’s easy to see how, even in a\nnutshell, the potential implications could be huge 🚀<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Yes I agree with you..any mechanism that will help prevent losses for\neveryday traders has potentials<\/p>\n\n\n\n TheMyran: <\/strong>exactly, our ecosystem will be vast, but the\ncornerstone, is allowing you, me, john at the bakery, sarah at the barber,\nguaranteed profits, free from risk and oppression<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Gotta love the premises 🙂<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Thanks a lot for the intro\n@TheMyran!<\/p>\n\n\n\n TheMyran: <\/strong>of course@!<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>There are many details that we\u2019d\nlike to flesh out and learn about Myra AI. Without further ado, if you agree,\nwe can move to the community questions 🙂<\/p>\n\n\n\n TheMyran: <\/strong>for sure, lets do it<\/p>\n\n\n\n Q1\nfrom Telegram User @cheriemike<\/em><\/strong><\/p>\n\n\n\n MYRA is\nsaid to offer the every day investor access to top tier Crypto Trading AI,\nthrough staking their $MYRA tokens on their investment platform to earn\nguaranteed %APY.So can you tell us the minimum% of $MYRA token users need to\nstake?How many top tiers are there for users to stake in?How will the staking\ntiers work?I also notice that users token won\u2019t be locked until maturity like\nin normal staking but that in MYRA such lock are removed and users can have\ncustody of their funds in NFT.Can you explain how such features works? Thanks<\/em><\/p>\n\n\n\n TheMyran: <\/strong>oh nice fleshy question! gimme a sec<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Take your time 😁<\/p>\n\n\n\n TheMyran: <\/strong>Cool, so there is no real minimum amount of\n$MYRA required to vest into the platform, and additionally, there are no tiers\neither. we have designed Myra AI to be accessible for all, this means the\nlittle guy too (until he gets to be the big guy), so we are not restricting\naccess to the earning potential that our platform provides<\/p>\n\n\n\n TheMyran: <\/strong>also<\/p>\n\n\n\n TheMyran: <\/strong>tokens that are vested by the users are locked\ninto the NFT which is minted at time of vesting<\/p>\n\n\n\n TheMyran: <\/strong>depending on the vest schedule (which will be\nreleased closer to the platform release date), the APY will also be locked into\nthat same NFT, the user will hold profits from Day 1<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>How many vest schedules do you plan for?<\/p>\n\n\n\n TheMyran: <\/strong>When the NFT reaches its maturity, the tokens\n(including the profits) are released back into the users wallet, allowing them\nto re-vest, sell or hodl as they wish<\/p>\n\n\n\n TheMyran: <\/strong>this is yet to be finalised, the preliminary\nschedule has 4, with a custom option in discussion<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Brilliant, thank you for the\ncomprehensive answer 😁<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Are you ready to proceed with the\nnext question or would you like to add something else?<\/p>\n\n\n\n TheMyran: <\/strong>ready friend \ud83d\ude42<\/p>\n\n\n\n Q2\nfrom Telegram User @victorogb<\/em><\/strong><\/p>\n\n\n\n A\ndetailed look at your roadmap as made available in your document, suggests the\nMYRA intends to go live with some of its core features with the launch of your\nAI mainnet, NFT Platform and Interoperability Phase 1. With the current hype\n& buzz around these events, may we know the current stages with their\nrespective development, how successful has the various testing phases been, and\nwhat sort of improved solution will this products offer users in direct\ncontrast to what is currently available? Also, with the launch of your Phase 1\ninteroperability and subsequent Bridge to Ethereum\/Matic, what are investors\nbound to enjoy?<\/em><\/p>\n\n\n\n TheMyran: <\/strong>cool, good question<\/p>\n\n\n\n TheMyran: <\/strong>glad to report, the AI Mainnet has already been\nup and running for some time<\/p>\n\n\n\n TheMyran: <\/strong>sorry if im slow, my chats get deleted\neverytime ^ that happens<\/p>\n\n\n\n TheMyran: <\/strong>oop its gone ok moving on<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Don’t worry I’m way slower 😅 please take your time.<\/p>\n\n\n\n TheMyran: <\/strong>The AI was launched on mainnet early to ensure\nit could cope with new parameters we added to it, she is constantly upgraded\nand evolving so we wanted to ensure we didn’t have to delay other components of\nthe roadmap rollout to deal with any hiccups if they occured<\/p>\n\n\n\n TheMyran: <\/strong>The vesting platform was scheduled for Q1 of\n2022 but last reports are we are likely on road to release early, more details\nto be available soon<\/p>\n\n\n\n TheMyran: <\/strong>as such<\/p>\n\n\n\n TheMyran: <\/strong>things brings forward all our other deadlines<\/p>\n\n\n\n TheMyran: <\/strong>we have implemented stress teams to ensure that\nas each rollout commences, we are able to address issues in real time, while\nstill working on the next components<\/p>\n\n\n\n TheMyran: <\/strong>alas<\/p>\n\n\n\n TheMyran: <\/strong>our partnerships have really come through with\nstrength<\/p>\n\n\n\n TheMyran: <\/strong>these partnerships, such as the one which was\nannounced with Merkle network for interoperability<\/p>\n\n\n\n TheMyran: <\/strong>allow us to spread the workload between equally\nexperienced, quality teams<\/p>\n\n\n\n TheMyran: <\/strong>and it has already proven to be effective in\nensuring compatibility<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Have you also been involving the\ncommunity in these stress tests or is it yet too early to involve users in the\ntechnical testing process? 🙂<\/p>\n\n\n\n TheMyran: <\/strong>once we have completed the first bridge, we\ngain access to a mountain of hungry investors, looking to find the easiteast\nway to move liquidity onto the platform<\/p>\n\n\n\n TheMyran: <\/strong>little secret (not a secret), the community IS\nthe stress test<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Haha, beautiful!<\/p>\n\n\n\n TheMyran: <\/strong>as we’ve pointed out previously, we are headed\nfor corporate adoption<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Impressive little secret<\/p>\n\n\n\n TheMyran: <\/strong>and as such, we need to prove our model in\nlarge scale, unprecedented and untested consumer environments<\/p>\n\n\n\n TheMyran: <\/strong>after we have completed that (which is right\ndown the data gathering pipeline) we will be ready for the big pitch<\/p>\n\n\n\n TheMyran: <\/strong>and, Myra AI will be… well skynet lol<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Who could give better feedback than\nyour own community – the best team of bug hunters 😉<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Haha, Skynet didn’t end well though\nlol<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>At least for mankind 😁<\/p>\n\n\n\n TheMyran: <\/strong>haha<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Crystal clear, thank you for the\nin-depth answer 😉<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Next question is homing in 🚀<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Oh yeah<\/p>\n\n\n\n Q3\nfrom Telegram User @Highpee<\/em><\/strong><\/p>\n\n\n\n The MYRA\ntoken has a supply of 10,000,000,000 and 2.5% of this is reserved for\ninsurance. Can you explain how this insurance fund will be used to protect the\ninterest of your users and the type of situation that can trigger its access?\nApart from reserving fund for insurance, are there any plan for external audits\nor external insurance partnership, in order to create a secure and formidable\nprotocol that will ensures investors can go about their investment activities\nwith less worry?<\/em><\/p>\n\n\n\n TheMyran: <\/strong>ok, while the Myra AI provides us with\nrisk-free investing, we would be stupid to assume that risks do not exist at\nall, malicious attacks can happen at any time and we need to be certain we can\nprovide users with their $MYRA while we take on the burden of recovering any lost\nfunds on their behalf<\/p>\n\n\n\n TheMyran: <\/strong>Audits are constantly and randomly scheduled\ninternally as part of our structure to ensure there are no risk of breaches and\nwhile we cannot allow external audits to occur at this time due to the\nproprietary nature of the AI, we are in talks with external audit providers for\nall smart contracts that will be in use for the rest of the ecosystem<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Safety is indeed a very felt concern\nin the crypto space.<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>It\u2019s really great and relieving to\nread that you\u2019ve aptly anticipated the issue and are proactively taking care of\nthat 🚀<\/p>\n\n\n\n TheMyran: <\/strong>Absolutely!<\/p>\n\n\n\n TheMyran: <\/strong>Once we are certain our legal teams can ensure\nthe IP of our AI is iron clad protected, we will move forward in the best way\nfor the community<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>So mailicious attacks are the major events that triggers access to your\ninsurance reserve?<\/p>\n\n\n\n TheMyran: <\/strong>correct \ud83d\ude42<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Do you have a way of ensuring. This insurance reserve never runs\nout..let’s say an event happens and a huge portion of the reserve fund is used\nto cover users losses<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>And then another happens and only a small portion of the reserve is left<\/p>\n\n\n\n TheMyran: <\/strong>indeed \ud83d\ude42<\/p>\n\n\n\n Paul Mont | Satoshi Club: <\/strong>Very logical and fair 😉<\/p>\n\n\n\n TheMyran: <\/strong>as part of our fee structure, part of the fee\nis allocated to the insurance wallet automatically, the reserve\/insurance\nwallet will continue to grow in size before (never) needing to be used \ud83d\ude42<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>I like the “never” shows your confidence in the security of\nMYRA 👏<\/p>\n\n\n\n Jonah <\/strong>🏅🎹<\/strong> | Satoshi Club: <\/strong>Q4 from Telegram user @Ajpaa<\/p>\n\n\n\n Myra\u2019s\nproprietary AI simplifies trading and guarantee, zero risk profits. The system\nis said to be backed by mountains of data, perpetually collected and analysed\nnot only focuses on historical market information or technical analysis but\nalso integrates real-time data behind market psychology. How does the Myra\u2019s\ndeep learning work to guarantee safety of investors fund and provide zero risk\nprofits? What kind of technical analysis tools do you use and how does your\nintegrated real-time data behind market psychology work? What are your source\nof data for this deep learning and how do you ensure that the data fed to the\nAI are correct, reliable and trustworthy?<\/p>\n\n\n\n TheMyran: <\/strong>great question<\/p>\n\n\n\n TheMyran: <\/strong>firstly, Myra AI does not exist in one place,\nshe exists in multiple places at the same time<\/p>\n\n\n\n TheMyran: <\/strong>Myra uses data checking techniques, that track\nboth ‘live’ and ‘inactive’ inputs<\/p>\n\n\n\n TheMyran: <\/strong>checking and cross-referencing the data inputs\nfor accuracy to the predicted results<\/p>\n\n\n\n TheMyran: <\/strong>and does this against herself in real time<\/p>\n\n\n\n TheMyran: <\/strong>meaning that Myra can choose her information,\nbased on real-time accuracy fluctuations<\/p>\n\n\n\n