{"id":15605,"date":"2021-11-30T15:50:42","date_gmt":"2021-11-30T12:50:42","guid":{"rendered":"https:\/\/esatoshi.club\/?p=15605"},"modified":"2021-11-30T15:50:45","modified_gmt":"2021-11-30T12:50:45","slug":"aag-ventures-x-satoshi-club-ama-recap-from-29th-of-november","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/11\/30\/aag-ventures-x-satoshi-club-ama-recap-from-29th-of-november\/","title":{"rendered":"AAG Ventures x Satoshi Club AMA Recap from 29th of November"},"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 AAG Ventures and our\nguest was @juminoz, CEO of AAG\nVentures. The AMA took place on 29 November.<\/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>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Our friends from AAG project are here\nto share valuable information with us &#x1f603;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Hello @juminoz Welcome\nto Satoshi club. &#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Hi all! Thanks for\nhaving me here. My name is Jack and I&#8217;m the CEO of AAG Ventures.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> @juminoz welcome to Satoshi Club, how\nare you doing?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Doing pretty well.\nIt&#8217;s a great time to be in crypto.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> That&#8217;s true, this is just the beginning\nof something big<\/p>\n\n\n\n<p>Well, we are glad to\nhave you here Jack, could you give us an introduction about you and your\nexperience with crypto?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Sure. My background is\nin enterprise software with a specialty in building scalable software\ninfrastructure and integration. I have been in probably 7+ industries and now\nmy focus is back to the blockchain space I have been around casually for the\npast 5 years or so. I believe blockchain tech is amazing and I&#8217;m always amazed\nat what people come up with.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Amazing background, so it brings you to\ncreate AAG, could you give us a brief description about the project and what\nare the main products do you offer?<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Having Being in\nMultiple industries..Gives you a superb experience for what you are building..<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We actually started as\na guild called Achip &amp; Achair Guild (AAG) with a heavy focus on Axie\nInfinity since it&#8217;s pretty much the only one that can help generate significant\nincome even now. We then quickly grew to a team of about 1,500 in 7 countries.\nWe kinda figured out a few secret sauces on how to grow quickly and cheaply.\nAnd btw, this is all in house unlike other guilds that outsource to local\ncountry managers.<\/p>\n\n\n\n<p>That&#8217;s how we got\nstarted.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> You now have 1500\nmembers in your team?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We recognized that we\nwere very profitable and at the same time we&#8217;re helping a lot of people. With\nmy enterprise software background, I quickly realized that we need to automate\na lot of things to be able to scale. That&#8217;s how we decided to pivot to create a\nplatform that doesn&#8217;t just allow us to grow more efficiently, but also allow\nother guilds to use the platform and help even more people.<\/p>\n\n\n\n<p>We actually have over\n2,000 now. We took a little pause to focus on the product, but we are now\nfocusing on expanding to 16 countries we can get the local knowledge we need to\nmake sure we can support guilds in any country.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Great Job being able\nto extend your platform more people is commendable as this is a much needed\ningredient in this space.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Global project<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> This is excellent &#x1f44c;<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, thanks to Covid,\nwe kinda figured out how to work remotely. Even the core team is currently\nrepresenting 17 countries.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> @juminoz thanks a lot for the clear\nintroduction about the project, now we are even more excited to learn more\nthings about AAG&#x1f603;<\/p>\n\n\n\n<p>Yes, it changes the\nways to do the things, I&#8217;m happy to know your team have a good adaptability\ncapacity<\/p>\n\n\n\n<p>Well, we have collected\n6 questions for you, are you ready to proceed with the first one?&#x1f973;<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Sure. Let&#8217;s do it!<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram User\n@nhairym<\/em><\/strong><\/p>\n\n\n\n<p><strong>Do\nyou consider that PTE can really be the tool for the reactivation of finances\nand become the mechanism of economic sustenance of families and even productive\nsectors, to those enterprising, creative but growing people who start in this\ncryptocurrency station that opportunities offer them, Several countries have\nalready joined and are receiving their advantages, what are your next plans and\nmilestones for starting 2022, tell us about your current and future DEX\ncollaborators and how other projects benefit from AAG Ventures?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We actually have\nmultiple tracks for 2022, but the main focus is definitely on the platform\nside. We are planning to open up our platform for beta partners once we feel\ncomfortable with the software. Then towards the end of 2022, we are planning to\nopen it up for self-service.<\/p>\n\n\n\n<p>I think we have spent\nenough time building out the right infrastructure (Project Titan) so that we\ncan adapt and scale quickly so 2022 will be a very exciting year where you see\na lot of frequent updates from us.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> So currently no fixed\ndate for beta version?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We are keeping it\nfluid at the moment. I would say sometime in Q1 2022 for beta partners.\nHowever, we are going live with the first version of the scholar portal in late\nDecember\/early January and allow our 2,000+ scholars to start using it.<\/p>\n\n\n\n<p>Since it involves a lot\nof financial transactions, we want to first make sure it&#8217;s solid before\nallowing other guilds to come in. We definitely want to provide that trust\nfactor by dogfooding it ourselves first.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Thanks for your clear answer Jack<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Impressive&#8230; this\nwill help you release a very reliable project to your members<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram User\n@UniqueVicky<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nnoticed 10.5% of each transactions is allocated to \u201cPrivate backers\u201dwho are\nthese Private backers? For such an amount to be located to them shows they\u2019ve\ncontributed immersely to AAG,do you consider them for future collaboration or\nthere is already an ongoing partnership with them? In what areas have they\ncontributed to AAG progress? And what impacts and advantages does it bring to\nAAG network? Is there any win-win that you will also give back? Since there no\nallocation for private sale or presale,are these backers still showing their\nsupport as to generate funds for some expenses and cost?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> First of all, that\n10.5% is not for each transaction.<\/p>\n\n\n\n<p>It&#8217;s actually the\nallocation for private backers who have helped us get this far.<\/p>\n\n\n\n<p>Some of them have been\ncontributing immensely from the thought leadership perspective to actually\ngetting their hands dirty and helping us build our organization as well.<\/p>\n\n\n\n<p>As for presale allocation,\nwe are not planning to have it. We are taking the route of traditional\nfundraising. The next opportunity is the IDO that we will announce very soon.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Are they like your key partners?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, I guess you could\nsay that. Many of them have gone through the battle with us to get here. Since\nI don&#8217;t want to spoil the surprise, I will keep it a secret for now. It&#8217;s worth\na little wait! &#x1f642;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> So you do plan to\nannounce them..<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, we have a HUGE\nannouncement coming up shortly.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> I understand they are private but can\nyou tell us some public partnerships that you have at the moment?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Sure. Some of you may\nhave seen a partnership announcement with Vulcan Forged last night. Our\napproach with game studios is not just to supply them with players and purchase\nNFTs, but we want to be a true partner in helping them grow their metaverse.\nSince we are a platform, we intend to integrate with their APIs to provide a\ndifferent kind of experience for our users since the game doesn&#8217;t have a\nconcept of a guild. This will also allow guild managers to have full visibility\nso that they can help their players optimize their gameplay and yield more as a\nresult.<\/p>\n\n\n\n<p>I also saw someone\nasking about why we picked Lossless.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Congratulations, Vulcan Forged is a\ngreat project, we had a AMA session with them as well&#x1f603;<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First: <\/strong>As a platform, we want\nto provide a safe environment where the management of cryptocurrency doesn&#8217;t\nbecome a barrier to entry. For example, the oldest team member we have is a\n75-year-old grandma from the Philippines. She never heard from crypto, never\nplayed video games, or even had a cell phone.<\/p>\n\n\n\n<p>This is why we brought\nin Lossless. It&#8217;s because we are thinking about every aspect including security\nto make sure that our users are always protected and have great experiences at\nthe same time.<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram user\n@Rotoxy<\/em><\/strong><\/p>\n\n\n\n<p><strong>You\nwill be introducing NFTs into AAG Venture through VIP founder Club NFTs and you\nwill be enabling the listing of these VIP Club NFTs in Q2 2022 as well as the\ncreation of a profit sharing mechanism based on these NFTs. Can you clarify who\nthese VIPs are and how they obtain these NFTs? How will other user be able to\ninvest in these NFTs with as little as $1 using your NFT fractionalisation\nmechanism and what profit distribution approach do you use? Also, how does Club\nNFTs owners uses Turnkey yield generation to obtain DeFi yield on these NFTs?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Our Founders Club NFT\nis a special reward for early players who helped us expand the team by lending\nus a portion of their earnings at the very beginning. This NFT is then used as\npart of the mechanism to pay out the shared reward pool of 5%. They also have\nan option to sell these NFT in the open market if they choose to.<\/p>\n\n\n\n<p>As for investing for as\nlow as $1, that will be through our fractional ownership module. You will\nessentially be able to purchase a stake with AAG token and receive a profit\nshare via smart contract.<\/p>\n\n\n\n<p>The last question about\nturnkey yield generation is basically for you to participate in the ecosystem\nwithout having to deal with scholars. You can deploy your NFTs and they will\nautomatically be assigned to the scholars in our global queue.<\/p>\n\n\n\n<p>Managing scholars is\nnot an easy thing so we get why some people would choose this option.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> How many of these\nNFT&#8217;S will be available?<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Excellent, so let&#8217;s talk about the\nusecases of $AAG token, you mentioned staking, right? What other utilities it\nhas?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We currently have\ntotal of 275 for the Axie Infinity Edition.<\/p>\n\n\n\n<p>We intend to issue them\nfor each game.<\/p>\n\n\n\n<p>We are planning a broad\nset of utilities to the AAG token in order to generate sustained demand. These\nare: <\/p>\n\n\n\n<p>&#8211; As payment for\nplatform \/ cloud services<\/p>\n\n\n\n<p>&#8211; As a universal\ncurrency across all PTE games<\/p>\n\n\n\n<p>&#8211; To allow fractional\nownership of NFTs<\/p>\n\n\n\n<p>&#8211; As a fuel for smart\ncontracts<\/p>\n\n\n\n<p>&#8211; For voting in the DAO<\/p>\n\n\n\n<p>There are many more\nutilities that we will introduce in the future.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> This is interesting..\nThe next question asks about one of these usecases.. ready for it?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong>[11\/29\/2021 11:42 PM]<\/p>\n\n\n\n<p>Sure<\/p>\n\n\n\n<p><strong><em>Q4 From Telegram User\n@Billz120<\/em><\/strong><\/p>\n\n\n\n<p><strong>AAG\nTOKEN \u2013 I understand AAG TOKEN as the Native Token within your Ecosystem would\nbe used by Users to pay for AAG Cloud services. Could you please explain to us\nenthusiasts about such Cloud services which users would pay for with their AAG\nTOKEN? And at what rate of AGG TOKEN would users be charged for such Cloud\nservices? Thanks<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> The primary type of\nusers who will pay for these cloud services are guild owners. They are\nbasically paying for a suite of software to help take care of the non-sexy\nstuff like payroll, onboarding, performance monitoring, etc. <\/p>\n\n\n\n<p>We have not quite\nfinalized the rate, yet. That will be published in the near future.<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong>[11\/29\/2021 11:45 PM]<\/p>\n\n\n\n<p>We are basically in a\npicks and shovels business.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> But do you intend that\nthese rates will be based on the resources the users will be requesting for?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, that&#8217;s one model.\nIt could be based on the number of users like a traditional SAAS model, but we\nhave not ruled out the percentage of revenue also.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Great thank you for\nclarifying this question<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> The current state of\nmost guilds right now is like you are running a company with absolutely\neverything on paper. That&#8217;s got to change.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> An earlier stage<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Yes I agree..<\/p>\n\n\n\n<p><strong><em>Q5 From Telegram User\n@iceVermithraxx<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nunderstand that AAG Ventures launched a project called Project Trident: The\nTriple DAO and it\u2019s vision is Defining the Roles of DAO in Play-To-Earn. These\nthree DAO includes the AAG Guild DAO, AAG Platform DAO and AAG Foundation DAO.\nCan you elaborate more on each of these DAO. What are the features of each of\nthese DAO? What are roles of each of these DAO in play to earn? And lastly how\ncan users gain access to each of these DAO and what are the requirements?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We basically have 3\nmain pillars in our organization when we don&#8217;t include the L2E JV with Republic\nRealm. For each of them, we want to allow the very people who are affected by\ndecisions to have the maximum voice. That&#8217;s why we introduce the concept of\nProof-of-Participation.<\/p>\n\n\n\n<p>For example, on the\nplatform side, if AAG Guild requests a feature and another guild request\nanother feature, who has the priority? With the DAO process we have in place,\nwe can eliminate conflicts of interests and at the same time allow the real\nparticipants to have certain level of control rather than being at the mercy of\na platform or whales who may have a very large stake in AAG.<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We will release the\nexact mechanics in the near future.<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Is needed a minimum amount of tokens to\nparticipate?<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> This to me is a more\nEffective solution than having a Single DAO<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> There will be a small\nminimum with a multiplier depending on length and level of participation.<\/p>\n\n\n\n<p>Yes, one size fit all\ndoesn&#8217;t work here for sure.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> And will this also be\nsubject to DAO decision in the future?<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Btw, you told us that your IDO is\ncoming soon, could you provide us more details about the initial token price\nand initial market cap?<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, we intend to let\nour community help shape and form our directions going forward.<\/p>\n\n\n\n<p>We are planning to\nrelease more information about this in the next few days. It will be based on\n2.75% of total supply.<\/p>\n\n\n\n<p>We will let everyone\nknow as soon as we have the final information.<\/p>\n\n\n\n<p><strong><em>Q6 From Telegram User\n@Asela1112<\/em><\/strong><\/p>\n\n\n\n<p><strong>By\nthe start of 2023, AAG Ventures aim to reach 20,000 Scholars to their ecosystem\nwith implementing 3000 Scholars for the Foundation. What is this scholar\nfoundation &amp; What is the purpose of it? What are the events that scholar\nfoundation organize &amp; involved in AAG Ventures platform? By the way, How\nwill you commit the 20,000 scholars for your platform? Do you follow some\nmarketings plans or campaigns for this? If yes, Tell us what will be them So\nthat we can also participate on those events?<\/strong><\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> Thank you, don&#8217;t forget to share the\ncoming announcements with our community&#x1f603;<\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Our non-profit\nfoundation is also a guild. However, we plan to put back all the profit and use\nit to keep expanding the operation. We are planning to use part of the profit\nto fund non-profit initiatives around the world. Imagine a non-profit\norganization that doesn&#8217;t rely on external resources. We can choose to become\nmore innovative and not be restricted by certain requirements. We also want our\ncommunity to be a big part of this. You will be able to nominate or start your\nown initiative. We think this is going to impact a lot of lives around the\nworld.<\/p>\n\n\n\n<p>As for scaling to 20k\nscholars, we can actually do that even today. Our formula supports horizontal\nscaling, it&#8217;s just a matter of capital. Our queue of scholars is so huge and we\nnever even spent a dime on advertisement,<\/p>\n\n\n\n<p><strong>Andr\u00e9s\nM. | Satoshi Club:<\/strong> @juminoz thanks a lot for your clear\nand amazing answers, it&#8217;s a big pleasure to have important crypto personalities\nlike you with us. We have enjoyed a lot this first part of the AMA but now is\ntime to proceed with the live segment and interact directly with our community&#x1f603;&#x1f973;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> &#x1f44f; Excellent\nIdea<\/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\nusername<\/em><\/strong> <strong><em>@Chrisboy5<\/em><\/strong><\/p>\n\n\n\n<p><strong>Do\nyou plan to add more team members to AAG project? And what programs do you have\nfor the community to participate in?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We have a unique\napproach here. Our Project Titan allows us to bring in external developers to\njoin our ecosystem and monetize on their work. So instead of having just 10\ndevelopers in engineering, we can potentially have 1000+.<\/p>\n\n\n\n<p><strong><em>Q2. from telegram\nusername @Gemshunter22<\/em><\/strong><\/p>\n\n\n\n<p><strong>Many\nprojects dont likes to talk about platform security. How secure is your project\nand can you mention have you done any audit or not?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Security is the top\npriority for us. In the coming weeks, you will see many partnerships we have in\nthis area. From our own data, 95%+ of people are non-crypto people in\nPlay-To-Earn space. Leaving them to deal with potential hacks and scams themselves\nis not what we want our users to go through.<\/p>\n\n\n\n<p><strong><em>Q3. from telegram\nusername @barisbektas1<\/em><\/strong><\/p>\n\n\n\n<p><strong>What\nkind of relationship do you think there is between DeFi and GameFi, is it\npositive or negative? Can you share with us the approach of the AAG platform to\nDeFi and what you think about DeFi?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> DeFi will certainly be\nan important component in GameFi. I can give 2 quick examples on this.<\/p>\n\n\n\n<p>1) Lending. If you are\nan investor in NFTs and you do not want to deal with the hassle of deploying\nthem yourself, you may choose to do it through smart contracts and then allow a\nplatform to manage it for you and just collect the yield. This is similar to\nwhen you stake your coin\/token on Celcius or Binance for example.<\/p>\n\n\n\n<p>2) Investing. NFTs are\nexpensive. If you want to invest only $100 for example, you are out of luck\nwith those legendary NFT that can be over $1m. What we are planning to do here\nis to allow anyone to fractionally own a piece of NFT. So if an NFT is worth\n$1000 and you invest $100, then you own 10% of it and the profit from either\nfrom farming or selling will be split according to that. This will allow anyone\nto be able to invest maybe even with just $1.<\/p>\n\n\n\n<p><strong><em>Q4. from telegram\nusername @surendra040<\/em><\/strong><\/p>\n\n\n\n<p><strong>How\ncan we participate in scholarships and how do you assure that it will be fair\nand transparent ?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> You can submit your\napplication and we will evaluate based on some key factors such as hardships,\netc. After all, we are here to help people in need.<\/p>\n\n\n\n<p><strong><em>Q5. from telegram\nusername @Emidm28<\/em><\/strong><\/p>\n\n\n\n<p><strong>You\nmentioned that managing a team of scholars is not an easy task. And I agree.\nWhat strategies does AAG Ventures use to facilitate this process for the AAG\nVentures team as well as scholarship users? How can scholars monitor and\noptimize their own performance?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> We first need to\nunderstand many aspects including dealing with cultural differences. We\nliterally come up with a process flow for each type of demographic so that we\nhave at least a 95% chance of success even we go into a new market. We intend\nto bake that into our platform and allow everyone to benefit from our\nexppertise.<\/p>\n\n\n\n<p><strong><em>Q6. from telegram\nusername @Xusuo<\/em><\/strong><\/p>\n\n\n\n<p><strong>im\nstill confuse with meaning from AAG name, could you tell us about the meaning\nfrom AAG name and why you choosing this name ?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> AAG = Achip &amp;\nAchair Guild. It&#8217;s basically based on a story of the 1982 world series of poker\nwhere the player only had 1 chip left and his seat at the table. Because he\ndidn&#8217;t give up, we ended up winning the whole tournament that year. This\nresonates with us, especially with our co-founders in the Philippines. That&#8217;s\nthe origin of the name.<\/p>\n\n\n\n<p><strong><em>Q7. from telegram\nusername @Asela1112<\/em><\/strong><\/p>\n\n\n\n<p><strong>What\nare the criteria to be selected as VIP member? Can I become as a VIP member?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> 3 ways:<\/p>\n\n\n\n<p>&#8211; Support our guild by\nbeing an early contributor so that we can expand quicker into a new game<\/p>\n\n\n\n<p>&#8211; You can purchase it\noff another VIP member<\/p>\n\n\n\n<p>&#8211; Giveaway campaign\nthat we will run in the future.<\/p>\n\n\n\n<p><strong><em>Q8. from telegram\nusername @captainprice111<\/em><\/strong><\/p>\n\n\n\n<p><strong>Are\ncommunities important for AAG? What does the AAG platform do to create a strong\nand solid community? Do you have a study for those who do not speak English,\ncan you share with us if you have accounts where we can get up-to-date\ninformation?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Communities are very\nimportant to us and that&#8217;s why we choose to have boots on the ground in every\ncountry. We want to treat them well and that includes understanding that people\ncan come from different backgrounds and experiences and that they all should be\ntreated fairly.<\/p>\n\n\n\n<p><strong><em>Q9. from telegram\nusername @Wong2008<\/em><\/strong><\/p>\n\n\n\n<p><strong>Can\nyou explain to us what is the Scholarship Payout Manager?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Payroll is a very\ntedious process in Play-To-Earn especially for a large guild like ours. Paying\n2,000 can easily take like 3-4 days because games do not typically provide a\ngood infrastructure for it. That&#8217;s what we are intending to streamline with\nSPM.<\/p>\n\n\n\n<p><strong><em>Q10. from telegram\nusername @cenkkargin0666<\/em><\/strong><\/p>\n\n\n\n<p><strong>Does\nthe AAG platform have a simple to use interface? Can crypto beginners benefit\nfrom the AAG platform?<\/strong><\/p>\n\n\n\n<p><strong>Jack\nVinijtrongjit &#8211; Will Not DM First:<\/strong> Yes, we intend to make\nit very user-friendly so that anyone regardless of demographic of experiences\ncan use it.<\/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>Facebook: <a href=\"https:\/\/www.facebook.com\/aagventures\">https:\/\/www.facebook.com\/aagventures<\/a>\n<\/p>\n\n\n\n<p>Twitter: @aag_ventures\n(<a href=\"https:\/\/twitter.com\/aag_ventures\">https:\/\/twitter.com\/aag_ventures<\/a>)\n<\/p>\n\n\n\n<p>LinkedIn: <a href=\"https:\/\/www.linkedin.com\/company\/aag-ventures\">https:\/\/www.linkedin.com\/company\/aag-ventures<\/a>\n<\/p>\n\n\n\n<p>Medium: (<a href=\"https:\/\/blog.aag.ventures\/\">https:\/\/blog.aag.ventures\/<\/a>) <\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/aagventures\">https:\/\/t.me\/aagventures<\/a> <\/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 AAG Ventures and our guest was @juminoz, CEO of AAG Ventures. The AMA took place on 29 November. The AMA session was divided into 3 parts with a total crypto [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":15532,"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\/15605"}],"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=15605"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15605\/revisions"}],"predecessor-version":[{"id":15606,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15605\/revisions\/15606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/15532"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=15605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=15605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=15605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}