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 Esca and our guest was . The AMA took place on the 21st of March<\/p>\n\n\n\n
The AMA session was divided into 3 parts with a total crypto reward pool of $500<\/p>\n\n\n\n
In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Greetings, dear Satoshi Club community! We are pleased to\nannounce AMA with Esca<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Today our special guests are @Maskdon, @Eze_CE and\n@elnino2012<\/p>\n\n\n\n Welcome to Satoshi Club!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Hello and welcome to Satoshi Club, @Maskdon, @Eze_CE and @elnino2012<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Thanks for having us<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n We are really excited about upcoming AMA with you<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n How are you doing today?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n We’re even more excited. We’ve been looking forward to this\nfor a while.<\/p>\n\n\n\n We’re good – just busy with presale starting today<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Yes, we are also very excited. Let’s start our AMA <\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Well.. it’s time to get started… to warm up, tell us about\nyourself… how did you get into crypto? how did you develop in the project?<\/p>\n\n\n\n Zubair<\/strong><\/p>\n\n\n\n Hi Guys I am Zubair, the lead dev I have over 5 years professional Blockchain developer experience. Having co-founded a crypto startup in early 2016. Since then I have worked as lead developer and consultant with several startups, currently working as a backend developer for one of the largest fund management companies in Europe.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Great experience<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n My name is Shalom, I\u2019m the founder and CEO of Esca. As a data analyst by trade with a background in Enterprise Management I\u2019ve been lucky enough to work for the biggest companies in tech as well as consult on multiple projects for startups over the years. Myself, Golden, and Zubair have also worked on projects together in the past and have been in the crypto space since 2016.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thats really great ! Both of you have a great background and\nexperience<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Hug background <\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n I have a background in Data Analytics with an MBA in\nInformation systems and a passion for food. After graduating from university\nhere in Ireland I was given the president’s award for innovation as well as the\ninnovation award for the faculties of engineering and computing in my\nuniversity. I went into the corporate world but Startup life kept pulling me\nback in. Two years later I joined Google where I consulted as a Business\nIntelligence analyst later moving to Dell.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Wow<\/p>\n\n\n\n Eze CE<\/strong><\/p>\n\n\n\n Hi Guys, I\u2019m Golden, I have a background in chemical and\npharmaceutical science with a Masters in Business strategy. I have strong practical start up experience having\nled his own in the past and have led projects for countless Fortune 500\ncompanies as well as developed multiple projects and teams from the ground up.\nI have worked for a market research firm and medical technology testing both\nwithin client facing commercial capacities with the latter role being focused\nmore towards strategy and expansion plans and have been in the crypto space\nsince 2018.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n you are cool guys<\/p>\n\n\n\n Give us a brief introduction to the project. What is the\nessence of Esca<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Of course<\/p>\n\n\n\n Esca is an online food delivery platform enabling anyone to\nmonetize their passion for food. Established in 2021 we have helped over 60\ntalented cooks start an online food business. We are now building the world’s\nfirst super aggregator that puts all your favorite food businesses on the\nblockchain and rewards you with crypto for ordering from them. We have already\npartnered with companies like Just Eat to provide more choice to foodies on the\nEsca platform.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n By the way, how big are ESCA team for now ? how much team\nworker do you have?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n The core team is 6. That’s myself, Zubair, Golden, Sam, Olu and Tolu. Our wider team has about 15 people in it. They manage external operations and communications. We plan to make more hires in the coming weeks as we get ready to launch our new MVP<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Is your team anonymous?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n No we are not. All core team members and advisors are\nvisible on our website with LinkedIn handles attached. Feel free to reach out\nto any of us at any time<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n sounds great<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for the great Intro.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Tell us about the benefits of ESCA. How is it different from\nothers?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Gladly<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Esca is the only passive income generation platform on the\nblockchain that focuses on Food consumption and production. For foodies, Esca\nCrypto helps turn your eating habits into real money, relieving your wallet of\nthe extra charges put on it by your favorite delivery platform. While for\nbusinesses, Esca Crypto helps them double their earnings without increasing\nfood production. Esca coin rewards foodies for eating and food businesses for\nserving. Every time an order is processed through the Esca menu platform, the\nfood buyer receives cash back in the form of a cryptocurrency. Think of it as a\nrisk free way to start investing with cryptocurrencies. No capital? No problem.<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Our token is also unique due to it’s extremely low supply,\nburns, and buy backs. It’s designed to maintain an upward price trajectory.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n you are really ambitious guys<\/p>\n\n\n\n Thanks for great introduction, we will have several\nquestions selected for the Part 1. Ready to start?<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for the answer, we have collected 6 community\nquestions for part 1 from Satoshi Club community, <\/p>\n\n\n\n ready to proceed?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n We’re ready, let’s go!<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q1 from Telegram user @JesusFre1tes<\/em><\/p>\n\n\n\n Ordering takeout through a takeout app can be up to 44% more expensive than dealing directly with a restaurant. The average profit margin for a large restaurant is between 3% and 5% . Food delivery apps charge your favorite restaurant up to 30 % commission per order. Considering this harsh reality, how does Esca Crypto manage to break this monopoly and improve the experience of both users and merchants through its DApp? Considering that these companies are a monopoly, how will they manage to break this and make Esca Crypto the number 1 platform in the food delivery service?<\/em><\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Great question. The fact is, online food delivery indeed is\na monopoly. Beating the big guys like Just Eat and Uber Eats will be no small\nfeet. That’s why instead of fighting against them we have partnered with them\nto bring more choice to foodies. <\/p>\n\n\n\n For businesses, our app allows them to analyse what\nplatforms are most popular for their clientele and understand which ones drive\nthe most profitability. In addition to that, with our “active\nfinancing” we are actively helping these food business owners make more\nmoney per transaction than ANY of their current aggregator partners. No need\nfor loans and they get to keep 100% of their customers. <\/p>\n\n\n\n Our hope is that once we’ve shown these business owners the\ntrue value of crypto cashback (active financing) they will switch to using us\nover our integrated partners.<\/p>\n\n\n\n I hope that answers your question.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Can you tell us which region or country that ESCA’s app\nservice available for now ?<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n This is a really competitive offer.<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Right now escamenu.com is only available in Dublin Ireland.\nOnce we rebuild and launch our app in May we will be live in 13 European\nmarkets.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Impressive !<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for the great answer !<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Do you want to add something or we can go to next question ?<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n we look forward to your worldwide expansion<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Yes – the countries we’re going live in are: UK, Germany,\nThe Netherlands, Austria, Belgium, Denmark, Switzerland, France, Italy, Spain,\nNorway, Poland, Portugal and obviously Ireland. We are also currently exploring\nbusiness partnerships in emerging markets where we believe our active financing\ntechnology will be of most value to food businesses.<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Thanks<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q2 from Telegram user @MudaraSilva<\/em><\/p>\n\n\n\n There are three key features of your platform, Eat to Earn, Sell to Earn, and Play to Earn. To participate in all these events, do we need to hold a certain amount of $ESCA? For example, can we purchase foods only with $ESCA? We all know that cryprocurrency market is highly volatile. Don\u2019t you think that pricing the food items with $ESCA will be unprofitable for sellers? A Burger may worth 10 $ESCA this week and 50 $ESCA next week. Buyers may purchase only when the price is low. Please explain how do you manage this type of situation.<\/em><\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Another good question – Food on escamenu.com will not be\npriced in $ESCA, it will be priced in the native currency of the concerned\ncountry. Foodies however will be able to purchase food with $ESCA token\nhopefully by Q4 of this year but the fiat value of the food stays the same. <\/p>\n\n\n\n As for holding a certain amount of tokens, there will be no\nobligation on foodies to hold a certain number of tokens. You still get your\ncrypto cashback regardless of how many tokens you have. However, the more\ntokens you hodl, the higher your cashback percentage per order.<\/p>\n\n\n\n We will be making an announcement on these tiers during the\nweek to give the community a better insight into how this will work.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Oh Q4, it’s not too long. Can you please share to us Roadmap\nfrom ESCA ? what next update that you will have in the near future?<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n this is a pretty smart idea…<\/p>\n\n\n\n Eze CE<\/strong><\/p>\n\n\n\n we have the first presale starting in 20 minutes which will\nlast until Wednesday, the second presale starts on Thursday and is over on\nSunday and while we are doing all of this we are partnering with marketing\ncompanies who are helping to spread the world. Finally we have the the Amazon\nshowcase coming out which will be shown\nto 65 million people which we are expecting to be released this quarter and we\nwill have even more updates for you next month, however we are well in line\nwith our roadmap so feel free to reference this to find out more and what to\nexpect next <\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Wow! congratulations!<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for the detail answer!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thanks <\/p>\n\n\n\n Eze CE<\/strong><\/p>\n\n\n\n no problem<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Ready to proceed to the next question?<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Let’s continue to 3rd question<\/p>\n\n\n\n Eze CE<\/strong><\/p>\n\n\n\n yes let’d do it<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q3 from Telegram user @yellowchamp<\/em><\/p>\n\n\n\n I see that the slogan of your platform is \u201cGet Paid To Eat\u201d, in which we can earn free cryptocurrency cashback by ordering our favourite meals online. As an online person in which almost all of the food I eat is being order online so can you tell us the mechanics and structure for the Cashback system of Esca Crypto? How much is the cashback and is there any minimum amount of order for users to get Cashback? What currency is currently applicable as Cashback in your platform? Literally,is there any specific kind of food or menu that is eligible for this Cashback or any food or menu is considered for Cashback? Lastly,for users can use your platform wisely and comfortably do you have plan to launch it through mobile application? If yes,when can we expect Esca Crypto to be live for both Android and iOS devices? Thank you<\/em><\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n We’re really excited about the Amazon Prime Series. Keep\nyour eyes peeled for that<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n what about mobile apps?<\/p>\n\n\n\n Are you planning it?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Yes we are planning mobile apps by Q4 of this year<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Great! thanks do you\nwant to add something? Or can we proceed with the next question?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n I’m in the process of answering this one now<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Ok.. np.. take your\ntime <\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n @yellowchamp – a man after my own heart. Great question. <\/p>\n\n\n\n 2% cashback for orders to our third party partners (Just Eat\netc) and 5% cashback for orders from our native Esca menu vendors. Depending on\nthe number of tokens you hold you can get up to 30% cashback per order. More on\nthis during the week. <\/p>\n\n\n\n $ESCA is the currency received as cashback for foodies while\n$ESCA plus BUSD are the currencies received by food businesses. They get 7%\ncashback per order. We call this active financing.<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n There is no specific type of menu or food that offers\ncashback. The cahback differs depending on what platform your order is\nfulfilled on. Escamenu.com or one of our third party partners<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Not bad<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n This Cashback system really interesting<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n That’s mean we can eat while earn token<\/p>\n\n\n\n Thank you for the detail answer<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Exactly. Literally getting paid to eat<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thanks for your clarification <\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Are you ready to proceed to next question?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Yes please proceed<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q4 from Telegram User @konditer_rolex<\/em><\/p>\n\n\n\n Reading that it will be possible to pay for groceries with $ESCA tokens, I remember the story of pizza for 10,000 bitcoins. Explain how, for example, a restaurant will convert tokens into fiat currencies. Perhaps there is some incentive for a restaurant to hold these tokens? Is the business really ready to work with cryptocurrencies?<\/em><\/p>\n\n\n\n Zubair<\/strong><\/p>\n\n\n\n as previously stated the food will be priced in fiat\ncurrency your cashback will be in ESCA we will also allow conversion of esca\ntoken to stable coins such as BUSD within the app, due to deflationary nature\nof the token businesses will be incentivised to hold the token for longer, we\nhave already talked to various partners and they are excited<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n We’re already working on options that will allow both\nbusiness owners and foodies to withdraw the token to their bank cards directly\nthrough our platform.<\/p>\n\n\n\n That being said we’re already seeing business owners who\nwant to use the token as a store of value for business expansion plans.<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for the detail answer !<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Are you ready to proceed to next question ?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Yes we are<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q5 from Telegram User @ghostofcharmeleon<\/em><\/p>\n\n\n\n Hello, Esca team.<\/em><\/p>\n\n\n\n You are probably the first project in my memory that decided to integrate cryptocurrency into public catering, it\u2019s really exciting!<\/em><\/p>\n\n\n\n After studying the documents about your project, I realized that in just an hour you are launching the pre-sale of the first stage. Please tell me, since it will last for two more days, how can I take part in it? Is there a need to pass KYC for pre-sale or only for IDO? How do you conduct a pre-sale, on a certain site or on your own?<\/em><\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n We’re very excited also @ghostofcharmeleon. The food\nindustry is one of the most important to humanity yet severely under financed. <\/p>\n\n\n\n The presale should be live at presale.escacrypto.com right\nnow. Any time between now and wednesday you can get $ESCA tokens at 0.30 cents.\nAfter that the price will increase to 0.40 cent and from the 28th of March, for\nour IDO, the price will be 0.60 cents<\/p>\n\n\n\n There are no KYC or whitelist requirements for the presale.\nThere is however a mimum buy of 300 $ESCA tokens<\/p>\n\n\n\n We’re hosting presale 1 and 2 on our own site. Presale 3\nwill be an IDO on DX sales<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Don’t miss this opportunity Satoshi Clubber ! Join ESCA\nPresale now !<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for your answer, do you want to add anything\nbefore we go to last question from part 1 ?<\/p>\n\n\n\n Shalom<\/strong><\/p>\n\n\n\n Just want to add that if anyone has any technical issues\nwith presale.escacrypto.com please contact our team in our TG<\/p>\n\n\n\n Now we can go ahead <\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n great answers! thanks!<\/p>\n\n\n\n Robocop | Satoshi Club<\/strong><\/p>\n\n\n\n Q6 from Telegram User @ProwGrowl<\/em><\/p>\n\n\n\n You state that Eska is revolutionizing the food industry with a more financially beneficial way to enable foodies to support their favorite food businesses while giving said businesses a better way to build long-term capital for themselves. This can only be supported by the audience, however in order to accomplish what was announced, Eska must have a strong partnership names within food industry, contact and agreements signed with restaurants and food producers and for sure, huge community. At what level are you now with all above mentioned features? Thanks!<\/em><\/p>\n\n\n\n