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 Dappy . The AMA took place on the 6th of July.<\/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
Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Hello Satoshi Club! We are happy to announce our\nAMA session with Dappy! Welcome to Satoshi Club<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Hello\neveryone and welcome to our AMA with Dappy!<\/p>\n\n\n\n Let us\nwelcome our guests <\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n @Misterwiggles1332,\n@LockerHider welcome to Satoshi Club <\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n today is a KISS day, by the way<\/p>\n\n\n\n Ok, Brady is here! <\/p>\n\n\n\n brady<\/strong><\/p>\n\n\n\n Hey thanks\nfor invite , BTW finn can’t write down the answers for the picked answers<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Hello and\nwelcome here<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n We have\npicked 6 questions for the first part and will post them here for you to answer<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n @DeliciousTuna\nyou can write now<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Hi, thanks!\nThanks for having us<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n But let’s\nstart with the introduction first!<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Hi everybody\nwlecome to our AMA<\/p>\n\n\n\n I’m Finn, the\ndev for Dappy protocol<\/p>\n\n\n\n brady<\/strong><\/p>\n\n\n\n I’m brady marketing of dappy protocal<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n How did you\nget involved into crypto?<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Marketing is\na key to success <\/p>\n\n\n\n What is\nDappy? Could you tell us more about your project and about it’s main goals?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n My background\nis in game design and web design. I started investing in blockchain years ago\nand totally fell in love with this space when I realised how cool this\ntechnology really is and thought about all the problems it can solve. That’s\nwhen I started making my own crypto projects!<\/p>\n\n\n\n Dappy is the\nfirst ever protocol that allows users to create their own dapps. User-owned\ndapps, called dappy pools (or dappies for short), are hosted on a single secure\ncontract, ensuring that every pool does what it says it will do. Dappy pools\nare smart and sustainable, offering a viable place to park your crypto for the\nlong term.<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Nice way to\nbe involved <\/p>\n\n\n\n Wow, it’s\ninteresting! When did you get this idea? What inspired founders to create such\na project?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Listing to\nour communities’ wishes and feedback is what inspired us to build Dappy. A lot\nof people wanted to be able to build their own dapp but they didn’t know how,\nso we made it really easy for anybody to do that!<\/p>\n\n\n\n Our goal is\nto empower people by giving them the tools to create whatever they want,\nwithout having to learn a lot of technical things like how to write a smart\ncontract and build a website<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n How many\npeople are currently working on Dappy?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n There’s about\n6 of us in the core team, and 8-10 in the wider circle of supporters who\nbelieve in Dappy and help us to make it more awesome!<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Pretty sure\nthat’s a dream team building a dream product! <\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Cool! You can\ndo a lot together <\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Yes, we have\npeople with a lot of expertise in many different fields working together to\ncreate Dappy. <\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Thank you for\nyour introduction, guys! We choose 6 questions from our community for the first\npart of our AMA <\/p>\n\n\n\n Ready to\nanswer them?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Yes, we are\nready.<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Q1 from Telegram user @MudaraSilva<\/em><\/p>\n\n\n\n This question is regarding creating a pool on Dappy. I read that Dappy has already written the code for me and all I have to do is set the parameters and add a short description for my pool. Does it mean that users can create pools on Dappy without any basic knowledge? When setting parameters, can I decide and implement the hedge ratio, the rewards rate, and the owner fee? Do I need to submit the rates for the approval of Dappy team? I noticed that pool owners are allowed to use the admin panel to monitor investors\u2019 pooled funds. There is also a community for pool owners. Should I pay an extra fee for those features?<\/em><\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n That\u2019s right!\nTo create your own pool on Dappy, all you have to do is go to https:\/\/dappy.directory\/blueprint\nand choose your title, description and pool parameters. You don\u2019t need to write\nany code or make a website, we\u2019ve already done that for you! It costs 6.6 BNB\nto publish a pool on Dappy, and you do not need to submit anything for approval.\nIt\u2019s completely automatic and permissionless.<\/p>\n\n\n\n Davey Jones 🚫 Wont Answer DM 🚫<\/strong><\/p>\n\n\n\n 1, yes\ncreating a dappy has been setup so that a person does not have to have any\nknowledge of how to code <\/p>\n\n\n\n 2. No you\ndon’t have to submit your rates for approval,<\/p>\n\n\n\n Davey Jones 🚫 Wont Answer DM 🚫<\/strong><\/p>\n\n\n\n Sorry I’m\nslow <\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n How many\npools were already created? <\/p>\n\n\n\n Davey Jones 🚫 Wont Answer DM 🚫<\/strong><\/p>\n\n\n\n 9 pools have\nbeen created so far<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Great! So\nusers can already benefit from using them <\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Not bad! Do\nyou have stats on profit\/loss that pools have got?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n It’s a bit\ntoo early for that, as more of our pools have just started very recently. Soon,\nwhen we have more data, we will be adding performance metrics to the site so\nthat investors can see with full transparency which pools are performing the\nbest!<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n Gotcha <\/p>\n\n\n\n Thank you for\nyour answers! Ready to proceed?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n I’m ready for\nthe next question <\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Q2 from Telegram user @MendietaCrypto<\/em><\/p>\n\n\n\n When you say that Dappy is for investors you also mention that Dappy makes it easy for anybody to invest. People can browse your directory of user-owned investment pools using filters to help them find the pool that\u2019s right for them. Could you talk about the process of creating an investment pool from security perspective? Will all the pools be rated to help users find the best ones? How do you protect users against fake or scam investing pools? Thanks!<\/em><\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Dappy is the\nfirst ever protocol that allows users to create their own dapps. User-owned\ndapps, called dappy pools (or dappies for short), are hosted on a single secure\ncontract, ensuring that every pool does what it says it will do. That’s the\nbeauty of smart contracts!<\/p>\n\n\n\n Yes, the\npools will all be rated to help you find the best ones. We are also working on\nfeatures to verify pools via pool owners KYC as well as studying each pool’s\nperformance metrics to ensure they are meeting investor’s expectations<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n What about\nsecurity audit?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Dappy is not\nyet audited, so please do your own research and only invest what you afford to\nlose! We are currently working with our partners to find a better way to do a\nsecurity audit, as the firms that offer this service are not always reliable\nand we would rather do it our way.<\/p>\n\n\n\n Davey Jones 🚫 Wont Answer DM 🚫<\/strong><\/p>\n\n\n\n Also I would\nlike to shine a light on the hedged percentage of each dappy ensures that at\nany point in time \u00d7% will remain in the contract for investors to withdraw<\/p>\n\n\n\n (Hedged\npercentages vary between dappy pools)<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Got it. You\nare right here with advising users to always do their own researches before\ninvesting <\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Yield Nodes\nis a really good example of this. They have a bespoke audit solution that works\nfor them, we might do something similar. But it takes time to prepare!<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Sure. Better\nwait but to make it secure.<\/p>\n\n\n\n Thank you for\nyour answers! <\/p>\n\n\n\n Ready to\nproceed?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n Sure!<\/p>\n\n\n\n Pavel\nP<\/strong><\/p>\n\n\n\n Q3 from Telegram user @Lestmarisv13<\/em><\/p>\n\n\n\n Owning your own group on Dappy is one of the best ways to monetize your followers and improve your social impact. It\u2019s a great way to give back to the people who made you what you are while growing your own balance sheet with consistent income from deposit fees. What are the benefits that Dappy offers to influencers? Why should influencers join a platform like Dappy? Does it allow to monetize followers? How is the process of monetizing followers in Dappy?<\/em><\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n So far we\nhave had two big youtubers make their own pools on Dappy. Youtubers can promote\ntheir own pools in their own communities and bring in a lot of investors that\nway. Pool owners earn a deposit fee from every investor, that\u2019s how they are\nable to monetize their followers. It\u2019s a WIN-WIN situation for both pool owners\nwho earn from fees and investors who earn from daily rewards.<\/p>\n\n\n\n Davey Jones 🚫 Wont Answer DM 🚫<\/strong><\/p>\n\n\n\n Influencers\nmay be able to use owning a dappy as a way “monetize their followers”\nby becoming a pool owner and earning the deposit fee from followes<\/p>\n\n\n\n brady<\/strong><\/p>\n\n\n\n Plus that way\nyoutubers also build even more trust for their channel<\/p>\n\n\n\n Mary\n| Satoshi Club<\/strong><\/p>\n\n\n\n You find a\ncreative way<\/p>\n\n\n\n Can you name\nYouTubers who already created pools?<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n I can do better\nthan that!<\/p>\n\n\n\n [DEV]\nDelicious Tuna<\/strong><\/p>\n\n\n\n