{"id":2358,"date":"2020-10-17T10:09:07","date_gmt":"2020-10-17T07:09:07","guid":{"rendered":"https:\/\/esatoshi.club\/?p=2358"},"modified":"2020-10-17T10:09:14","modified_gmt":"2020-10-17T07:09:14","slug":"odinala-network-x-satoshi-club-ama-recap-from-9th-of-october","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/10\/17\/odinala-network-x-satoshi-club-ama-recap-from-9th-of-october\/","title":{"rendered":"Odinala Network x Satoshi Club AMA Recap from 9th of October"},"content":{"rendered":"\n<p>Today we would like to tell you about\nthe AMA session with our friends from Odinala Network. The AMA took place on October 9 and our guests\nwere Emmanuel, Prof. J, Snazzy O, Tony, Zubair and Kaiser M.<\/p>\n\n\n\n<p>The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Hello, again Satoshi Club! We are\nhappy to announce our AMA session with Odinala. Welcome to Satoshi Club.<\/p>\n\n\n\n<p><strong>Serg | Satoshi Club: <\/strong><a href=\"https:\/\/t.me\/Prof_J1\">@Prof_J1<\/a>\n<a href=\"https:\/\/t.me\/commking\">@commking<\/a> , welcome!<\/p>\n\n\n\n<p><strong>Emmanuel: <\/strong>Hey guys.<\/p>\n\n\n\n<p><strong>Prof. J:<\/strong> Hi Guys thanks for having us.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>You&#8217;re welcome. Ok, please tell us\nmore about yourself and how did you start with Odinala project?<\/p>\n\n\n\n<p><strong>Prof. J: <\/strong>Sure no problem. We are a group of friends\nsome of us grew up together in Ireland, while some of us met in college. we\nwent our own ways and reconnected for this project Odinala through our mix of\nexpertise we kicked off this project which is set to revolutionize the real\nestate Industry.I\u2019m Joseph, I\u2019m\ncurrently a project manager at one of the world\u2019s largest market research firms\nwhich specializes in financial services and Management consulting. I have a\nbackground in property and real estate management and acquisition, while also\nbeing an avid crypto trader and blockchain fan. I have a professional and\nacademic background and hold a masters in Business and my main role here is\nstrategy, business development and building partnerships with relevant property\npersonal and entities.<\/p>\n\n\n\n<p><strong>Snazzy O: <\/strong>Hello everyone, I&#8217;m the marketing\nexec here at Odinala. As a serial entrepreneur I have worked with several\nblockchain companies in the past, partnering with companies and organizations\nsuch as the World Health Organization and the ZSE. As marketing exec for\nOdinala I am in charge of social media marketing, outreach, and business\ndevelopment.<\/p>\n\n\n\n<p><strong>Tony: <\/strong>Hello everyone, it&#8217;s Tony here. I&#8217;m\ncurrently stationed in Dublin, the capital of Ireland. I&#8217;m a Software Engineer\nat one of the world&#8217;s largest financial management and human capital management\nsoftware vendors. Companies like Oracle and UltiPro are the company&#8217;s\ncompetitors. My main focus is software resiliency and improvements. I&#8217;ve\nclimbed up the ladder pretty quickly in such a short amount of time as a result\nof my work ethic. My latest role on the team is marketing and reaching out to\nsome other crypto professionals in the space to ensure that our sales run smoothly\nprior to launch.<\/p>\n\n\n\n<p><strong>Zubair:<\/strong> Hi Guys I am Zubair, the lead\nblockchain developer on Odinala. My crypto experience started in 2017 when I\nmet one of the lead developers for Z-Coin and started working on a stable coin\nbacked by a basket of different currencies, since then I have consulted on\ndifferent crypto projects from track and trace projects on hyper ledger\u2019s\nsawtooth and tokenizing metals on Stellar. I have presented at Ethereum meetups\nhere in Dublin and also have a lot of experience in pitching crypto currency\nprojects to Angel Investors. I am really excited today to talk to you about\nOdinala.<\/p>\n\n\n\n<p><strong>Kaiser M: <\/strong>Hi guys, Mike here. I&#8217;m part of the\nOdinala technology engineers. I&#8217;m currently working for one of the biggest\ninsurance companies in the UK as part of the technology team at HQ in London\ncity. I&#8217;m a blockchain enthusiast and believe the future of blockchain is now.\nExperience working in both start up and corporate ecosystems both home in\nDublin and abroad in London has nurtured my love for innovative solutions\ndriven technology. Prior experience working with the Ernst &amp; Young tech\nteam. UI\/UX, tech digital assets and innovation have driven and cultivated me\nto acquire a broad technology based skill-sets adaptable to real world\nproblems. <\/p>\n\n\n\n<p>I&#8217;m excited\nto be here with the Odinala team answering your questions.<\/p>\n\n\n\n<p><strong>Emmanuel: <\/strong>And for myself. I am Emmanuel, head\nof communications with the odinala network. My background is in Enterprise\ncomputing and software development. I am a crypto enthusiast and early investor\nin this space, co-founding a blockchain based startup in Ireland.<\/p>\n\n\n\n<p>Since then I\nhave been involved in several crypto projects working in both marketing and\nraising funds for projects. Currently based in Luzern Switzerland and working\nas a Senior IT Consultant at the digital factory of one of biggest banks in Switzerland.\nI am responsible for marketing coordination and sourcing investors for our\nproject here in Switzerland.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Thank you guys, amazing intros) and\nour community prepared a lot of questions for you) ready to answer them?<\/p>\n\n\n\n<p><strong>Prof. J: <\/strong>Yes happy to answer them.<\/p>\n\n\n\n<p><strong>Q1 from bitcointalk user\nFivestar4everMVP <\/strong><\/p>\n\n\n\n<p><em>There are many blockchain Startups aiming\nat bringing real estate to blockchain, some of this projects have been\nabandoned, some are still struggling to stand while some ended up as exit scams&#8230;\nMy question is, how do you plan to make your project stand out from the rest\nand also successful?<\/em><\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> This is simple. Let me explain. We realize\nthat there are a number of real estate\/ blockchain companies on the market\ntoday. ODN is unique in many ways. One of the major things we have is our\nmarketplace. This model really opens up the real estate industry to any type of\ninvestor, breaking the barriers to entry and disrupting the industry as-is. It\nmakes ODN one of the first truly remote &amp; digital real estate brokerages\noffering NFT in the form of real estate to investors\u2026<\/p>\n\n\n\n<p>Each property will be its own company, tokenized on the\nblockchain (AKA ODNH01). Users who buy the tokens of that property will own a\nshare of the house, i.e. 1 ODNH01 token = 1 share of that house\/company. The\nnumber of tokens allocated to that property would be equivalent to the cost of\nthe property (plus our commission). Once all tokens for the property\/company\nare sold, the house is sold. We are partnering with world leading firms who aim\nto provide their assets on our marketplace to forego the brick and mortar real\nestate industry that can be very slow and expensive.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>So, i will be able to own 1\/10 of the\nhouse?<\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Yes basically. This will also allow\nyou to receive 1\/10 of the rental payments made by any tenants the Odinala\nmanagement company puts in said house.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Why not one token for one house?<\/p>\n\n\n\n<p><strong>Snazzy O: <\/strong>Because if you get 1 token for the\nhouse you own the whole house &#x1f602; ODN is all about fractional\nownership meaning many people can share from 1 &#8211; equality for all!<\/p>\n\n\n\n<p><strong>Q2 from bitcointalk user elissa<\/strong><\/p>\n\n\n\n<p><em>You aim to do the digital\ntransformation of real-estate, by tokenizing these assets. I am curious what\nhappens if a real estate crisis happens like in 2006-2007? How exposed would we\nbe?<\/em><\/p>\n\n\n\n<p><strong>Emmanuel:<\/strong> There are many risk factors\nassociated with any type of investment, cryptocurrencies included. These risks\nspan operational, regulatory, market-based, and technological challenges. The\nmain thing about odinala is we aim to be global and allow our users invest in\nreal estate through different areas of the world<\/p>\n\n\n\n<p>If a crisis\nlike the housing crash was to occur the property would still be owned by the\ntoken holders, however their yield would decrease reflecting the market\nconditions and value of the property in its jurisdiction. Token holders can\nsell their tokens to other investors around the world, still making gain from\ntheir assets. We will be avoiding loss in the case of a downturn by only\nseeking long term rental agreements rather than short term.<\/p>\n\n\n\n<p><strong>Q3 from Telegram user @max_serbov<\/strong><\/p>\n\n\n\n<p><em>I invested in one project last month\nwith a team which is not public and I lost my funds&#8230; I can say that I\ninvested in some with faces which are not public but got a profit. So, how can\nwe differentiate? How can I know which project with an incognito team is legit\nand which is not? Why you have chosen to stay incognito?<\/em><\/p>\n\n\n\n<p><strong>Emmanuel:<\/strong> Great question the reason we chose\nto be anon is due to current work obligations, i myself work with a massive Swiss\nbank as a consultant works on a tokenization platform. With my current contract\ni cannot legally work on any other project. We understand the fear of the\ncommunity and new investors but i would like to remind you all the all elusive\nfamous creator of bitcoin has never been identified.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Ok, guys, but Satoshi didn&#8217;t make any\nsales.<\/p>\n\n\n\n<p><strong>Emmanuel: <\/strong>We appreciate the concern and aim to\nbe as transparent as we can be in relation to our progress and updates as you\ncan see on our website we have already confirmed and highlighted 3 partnerships\nincluding ferrum network. Also we have partnered with two big names, one team\nmember zerocoin and an investment firm. They wouldn&#8217;t partner with frauds.<\/p>\n\n\n\n<p>We are\nworking to gain the trust of our community, please join the odinala network and\nhave your voice heard.<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> In other words you must choose for\nyourself. if you believe in the project put your money into it, if not, just\ndon&#8217;t do it.<\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Each partner that we have known us\npersonally.<\/p>\n\n\n\n<p><strong>Emmanuel: <\/strong>We have already planned to go fully\npublic during the launch of our marketplace and we have invested our own time\nand money to grow ODN till date.<\/p>\n\n\n\n<p><strong>Q4 from Telegram user @Jonahapagu<\/strong><\/p>\n\n\n\n<p><em>You recently partnered with ferrum\nnetwork to provide staking for ODN tokens and participants who stake their\ntokens will earn high yield based on the lenght of time staked&#8230;&nbsp; what will be the requirement for users to\nstake ODN using Ferrum Network do you have an illustration of the process?<\/em><\/p>\n\n\n\n<p><strong>Zubair:<\/strong> The staking requirements will be a\nminimum time period staked, for ease of use Ferrum have their own wallet that\nour users can use for staking, the staking and integration details are still\nbeing finalized so keep an eye out on our channel for more details soon.<\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Our tokens will be staked for a\nminimum of 6 months and users will be able to stake their tokens via the\nunifyre wallet.<\/p>\n\n\n\n<p>Emmanuel: The\nmain thing we love about ferrum are that they have several characteristics as\nthat enable a seamless staking experience:<\/p>\n\n\n\n<p>1. Pool\nBased &#8211; it is participated with many contributors in each staking contracts.<\/p>\n\n\n\n<p>2. Flexible\n&#8211; a user has different options to make, either withdraw early, stake until full\nmaturity, or withdraw somewhere in between.<\/p>\n\n\n\n<p>3. Strategic\n&#8211; means, the longer you stake the bigger reward you will received. If other participants\nwithdraw early, you will receive a portion of their reward.<\/p>\n\n\n\n<p>But as said\nplease wait for an announcement and blog of the final details of the\npartnership. We are aiming to go live before the start of November.<\/p>\n\n\n\n<p><strong>Q5 from Telegram user @AmirJosh<\/strong><\/p>\n\n\n\n<p><em>\u201cOdinala investors around the globe\ncan buy into the real estate market through fully-compliant, fractional,\ntokenized ownership viewable on the blockchain.\u201d Will the country that the real\nestate assets the buyers acquired will recognized or honor them as a legal\nowner? And will the owner should pay real estate tax once the ownership is\nsettled?<\/em><\/p>\n\n\n\n<p><strong>Prof. J: <\/strong>In order to legally tokenize a\nproperty within the Odinala framework, we will follow proper regulation to\nbridge the gap between ownership of a distinct real property and the digital\ntokens on the Ethereum blockchain that represent that property. <\/p>\n\n\n\n<p>First, we\naim to establish Odinala Ltd as a limited liability company by filing a\nCertificate of Formation with the Companies House in the United Kingdom. This\nLLC Certificate of Formation allows for the unlimited segregation of membership\ninterests, assets, and operations into independent series, each of which is\ntreated as a separate entity.<\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Yes they will. In fact, due to the\nuniqueness of our model, users who fractionally invest via our marketplace will\nbe legally recognized as owners of said property. The way in which Odinala\ntokenizes assets allows the asset to be publicly owned by anyone within the\ncountry the asset is in. All Tax in different jurisdiction will be covered by\nthe Odinala property management company &#8211; regardless of country.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>So, Odinala Ltd already exists or it\nwill exist in the future?<\/p>\n\n\n\n<p><strong>Snazzy O: <\/strong>Not yet, but soon &#x1f60a; Once all presales are finished we will list the coin\non Uniswap and incorporate the company. At this point the team plans to come\npublic as well.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>Is this a huge amount of work? Have\nyou already started looking for employees in this field?<\/p>\n\n\n\n<p><strong>Emmanuel:<\/strong> Currently the ODN team and partners\nare growing by the week. We currently aim on partnering with real estate\ncompanies and construction contracts in Ireland, UK, Switzerland and Spain. When\nOdinala Ltd is established we will aggressively seek investor to scale and hire\nmore employees.<\/p>\n\n\n\n<p><strong>Q6 From telegram user @stekbyte<\/strong><\/p>\n\n\n\n<p><em>The site says holders of the Odinala\ntoken will be whitelisted for first assets on the platform and enjoy 5-15%\ndiscount on assets in marketplace. How many tokens do I need to buy to get a\ndiscount?<\/em><\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong><em> <\/em>PRE &#8211; SALE 1\n\u2014 (1,500,000 ODN (18.75 %): 1 ETH = 4053 ODN<\/p>\n\n\n\n<p>PRE &#8211; SALE 2\n\u2014 (500,000 ODN (12.5%): 1 ETH = 3695 ODN<\/p>\n\n\n\n<p>PRE &#8211; SALE 3\n\u2014 (500,000 ODN (12.5%): 1 ETH = 3359 ODN<\/p>\n\n\n\n<p>PUBLIC SALE:\n1 ETH = 2925 ODN<\/p>\n\n\n\n<p><strong>Kaiser M: <\/strong>We advise strong hands as this has\nnot been finalized. The vision we have for ODN token is that our community\npartake in long term holding with high potential to not only get return on\ninvestment, but as the community grows and we continue to work on our\ntechnology we can give potential investors more incentive to hold ODN token. 1 ETH\n= 2925 ODN. The more you hold the more you get rewarded.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club: <\/strong>How many ODN will ever exist?<\/p>\n\n\n\n<p><strong>Zubair: <\/strong>Our total supply is 8 million ODN no\nnew tokens will be minted.<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n<p>The\nchat was open for 80 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guests chose some of them. <\/p>\n\n\n\n<p><strong>Q1 from Telegram User @Splendicity<\/strong><\/p>\n\n\n\n<p><em>I am into estate management. One of\nthe barrier in estate management is government regulations. My question is\nthis. Can odinala network solve or bridge this? Does government recognize\nodinala as a legal entity?<\/em><\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Each property will be its own company,\ntokenized on the blockchain (AKA ODNH01). Users who buy the tokens of that\nproperty will own a share of the house, i.e. 1 ODNH01 token = 1 share of that\nhouse\/company. The number of tokens allocated to that property would be\nequivalent to the cost of the property (plus our commission). Once all tokens\nfor the property\/company are sold, the house is sold. Each owner of that\nproperty\/company&#8217;s token will be recognized as a legal owner of that property.<\/p>\n\n\n\n<p><strong>Q2 from Telegram User @yadav_199<\/strong><\/p>\n\n\n\n<p><em>Where I can buy Odinala token?<\/em><\/p>\n\n\n\n<p><strong>Zubair:<\/strong> Our presale 2 is live right now go\nto <a href=\"https:\/\/odinala.io\/\">https:\/\/odinala.io\/<\/a> and buy with MetaMask\n(minimum 0.05 eth purchase required).<\/p>\n\n\n\n<p><strong>Q3 from Telegram User @surendra040<\/strong><\/p>\n\n\n\n<p><em>Where can I see your roadmaps and\ntokeneconomics?<\/em><\/p>\n\n\n\n<p><strong>Tony: <\/strong>Q2 2020<\/p>\n\n\n\n<ul><li>Private\nfundraiser for the project launch<\/li><li>Development\nteam formation<\/li><li>Targeted\nmarket research <\/li><li>Economic\nRegulation Analysis<\/li><\/ul>\n\n\n\n<p>Q3 2020<\/p>\n\n\n\n<ul><li>Website\ngoes live <\/li><li>Finalised\nwhitepaper and launch<\/li><li>Partnerships\n&amp; Advisors formation<\/li><\/ul>\n\n\n\n<p>Q4 2020<\/p>\n\n\n\n<ul><li>ODN\nToken Sale<\/li><li>Initial\nExchange Listing<\/li><li>Multiple\nexchange listings<\/li><li>Github\nCode release<\/li><li>Smart\ncontract auditing by 3rd party<\/li><li>Staking\nGoes Live <\/li><li>Full\nMarketing Campaign<\/li><li>End\nto End Testing &amp; Launch of Odinala Marketplace<\/li><li>Development\nof Odinala Mainnet <\/li><\/ul>\n\n\n\n<p>Q1 2021<\/p>\n\n\n\n<ul><li>Partner\nwith financial institutions in target markets.<\/li><li>Finalise\nDevelopment of Odinala Mainnet<\/li><li>User\ntesting of Odinala Dex<\/li><\/ul>\n\n\n\n<p>PRE &#8211; SALE 1 \u2014 (1, 5 0 0 , 0 0 0 O D N (1 8 . 7 5 % )\n: 1 ETH = 4 0 5 3 O D N<\/p>\n\n\n\n<p>PRE &#8211; S A L E 2 \u2014 ( 5 0 0 , 0 0 0 O D N (1 2 . 5 % ) :\n1 ETH = 3695 ODN<\/p>\n\n\n\n<p>PRE &#8211; SALE 3 \u2014 ( 5 0 0 , 0 0 0 O D N (1 2 . 5 % ) : 1\nE T H = 3359 ODN<\/p>\n\n\n\n<p>PUBLIC SALE:\n1 ETH = 2925 O D N<\/p>\n\n\n\n<p><strong>Snazzy O: <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"410\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/ON1-410x1024.jpg\" alt=\"\" class=\"wp-image-2360\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/ON1-410x1024.jpg 410w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/ON1-120x300.jpg 120w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/ON1.jpg 512w\" sizes=\"(max-width: 410px) 100vw, 410px\" \/><\/figure>\n\n\n\n<p><strong>Q4 from Telegram User @moizkhan3344<\/strong><\/p>\n\n\n\n<p><em>Explain benefit to holding\nOdinalaNetwork?<\/em><\/p>\n\n\n\n<p><strong>Kaiser M: <\/strong>Our token can be used to pay for fees\non our decentralized exchange platform and it will be used in the voting events\nand modification related to the Odinala Ecosystem. For example early adopter of\nour platform will enjoy a 5-15% discount from the investment made on the ODN\nMarketplace. Dependant on the number of tokens staked by the user 20% of all\nfees generated on both odinala DEX will be distributed to users who stake their\ntokens on the platform. Exclusive access in Odinala airdrops, rewards, and\ncommunity competitions.<\/p>\n\n\n\n<p><strong>Q5 from Telegram User @Jasodadaiya<\/strong><\/p>\n\n\n\n<p><em>Are you focused on the market? or\nfocus on something else, for example your platform development and users or\npartnerships? What are your global expansion plans?<\/em><\/p>\n\n\n\n<p><strong>Emmanuel:<\/strong> We are very focused on the market,\nwe believe ODN will grow due to the fact that we have created a well-researched\nmarketing plan and have already hired a marketing specialist and are in the\nprocess of finalizing a full marketing campaign to begin in Q4. This will\nconsist of Content Marketing, Paid Social Marketing, Incentivizing virality,\nStrategic Partnerships.<\/p>\n\n\n\n<p><em>Content Digital Marketing:<\/em>&nbsp;\nWe will strategically release content across Twitter, Telegram,\nInstagram, and our bi-weekly medium blogs. This will consist of information on\nthe exclusive competition, quizzes, infographics updating users on the status\nof our platforms&#8230; Using our blogs and content we hope to continue building a\nplace where potential investors can learn about the platform and join our\ncommunity. We have also built partnerships with different telegram groups to\nhelp grow our community and promote the network. <\/p>\n\n\n\n<p><em>Paid Social:<\/em> Paid marketing will also have a big\nrole to play in our marketing plan, in particular Crypto influencer. We have\nresearched with our team and created a list of key influencers and groups\nwithin the crypto space. We have already worked with two big influencers in the\ncrypto space, and we have other popular influencers in our pipeline to be\nconfirmed.<\/p>\n\n\n\n<p><em>Incentivising Virality:<\/em>&nbsp;\nAn advantage our product has over many other platforms is that we plan\nto incorporate a referral program, which means people invite their friends to\njoin the platform to earn rewards. Therefore we have an opportunity to\nencourage people to invite their friends which can help the viral nature of our\nproducts. We will integrate social media into a platform that makes it easy for\nusers to send a link to their friends via Facebook messenger or WhatsApp.\nThrough our referral program, we will incentivize people to invite their\nfriends to our platform thus reducing our Cost Per Acquisition (CPA).<\/p>\n\n\n\n<p><em>Partnerships:<\/em> Our most recent investor brings on\nboard over 30 years of consistent entrepreneurial track record and building\nsustainable businesses cutting across Engineering and Multimedia. We are\nalready in talks of partnership with other companies in the Smart Dubai\nInitiatives. With the help of partnership and strategic advisor Odinala will be\nable to scale our business globally over the coming years.<\/p>\n\n\n\n<p><strong>Q6 from Telegram User @solankinishu<\/strong><\/p>\n\n\n\n<p><em>Can you please tell us What benefits\nwill we get, if we buy #ODN tokens in the pre-sale period? and do you have any\nrewards for the most #ODN token holders?<\/em><\/p>\n\n\n\n<p><strong>Prof. J:<\/strong> Tokens Use Cases<\/p>\n\n\n\n<p>Our token\ncan be used to pay for fees on our decentralized exchange platform. It will be\nused in the voting events and any modification related to the Odinala\nEcosystem.<\/p>\n\n\n\n<p>An Early\nadopter of our platform will enjoy a 5\u201315% discount from the investment made on\nthe Odinala Marketplace (depending on course on the number of tokens staked by\nthe user) 20% of all fees generated on both Odinala DEX will be distributed to\nusers who stake their tokens on the platform. All in-app subscription features\ncan be purchased on our platform using the native token. Exclusive access in\nOdinala airdrops, rewards and community competitions.<\/p>\n\n\n\n<p><strong>Q7 from Telegram User @Cristal1501<\/strong><\/p>\n\n\n\n<p><em>Is it safe to shop at Odinala\nMarketplace? How can I be sure I&#8217;m not buying from a scammer? Do people who\nwant to sell products on Odinala Marketplace need to pass some kind of KYC\nverification?<\/em><\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> It will be 100% safe. First of all,\nevery user (vendor and investor) on the odinlala marketplace will have to do\nKYC with us. Only after we verify the legitimacy of that individual or\norganization will they be allowed to buy or sell property via our marketplace.<\/p>\n\n\n\n<p><strong>Q8 from Telegram User @topind7<\/strong><\/p>\n\n\n\n<p><em>Where did you coin the &#8221; ODINALA\n&#8221; from and what does it mean?<\/em><\/p>\n\n\n\n<p><strong>Zubair:<\/strong> ODINALA is an African proverb which\nmeans to take ownership. ODN tokens allow you to own real estate so the name\ncaptures our values and purpose.<\/p>\n\n\n\n<p><strong>Q9 from Telegram User @moizkhan3344<\/strong><\/p>\n\n\n\n<p><em>Explain future plans for\nOdinalaNetwork.<\/em><\/p>\n\n\n\n<p><strong>Tony: <\/strong>We will be working with a mixture of\ncontractors and external consultants to oversee the legal aspect as well as\ndoing an audit of the current system to ensure and minimise vulnerabilities in\nour smart marketplace. <\/p>\n\n\n\n<p>We have\nalready began working on partnerships to ensure we have a steady pipeline of\nattractive assets for our community to engage with and already have to\nconfirmed partners both based in Europe and are currently in talks with\nadditional developers to expand our network even further.<\/p>\n\n\n\n<p><strong>Q10 from Telegram User @Jasodadaiya<\/strong><\/p>\n\n\n\n<p><em>Are you focused on the market? or\nfocus on something else, for example your platform development and users or\npartnerships? What are your global expansion plans?<\/em><\/p>\n\n\n\n<p><strong>Emmanuel:<\/strong> Really liked your questions mate,\nplease check out our whitepaer and join the ODN community. cead mille failte.<\/p>\n\n\n\n<p><strong>Q11 from Telegram User @trader0fficial<\/strong><\/p>\n\n\n\n<p><em>What is the Total Supply of Odinala\nNetwork?<\/em><\/p>\n\n\n\n<p><strong>Kaiser M:<\/strong> 8 Million Tokens.<\/p>\n\n\n\n<p><strong>Q12 from Telegram User @AMA_Magnet<\/strong><\/p>\n\n\n\n<p><em>Is odinala available in every\ncountry?<\/em><\/p>\n\n\n\n<p><strong>Snazzy O:<\/strong> Yes our marketplace will be\navailable globally for investors regardless of the geographic location of the\nproperty they wish to invest in.<\/p>\n\n\n\n<p><strong>Q13 from Telegram User @Raju4200<\/strong><\/p>\n\n\n\n<p><em>How do you evaluate the support from\ncommunity? What is your strategy to marketing and for Mass Adoption? What\nmessage do you want to send to community through AMA to day?<\/em><\/p>\n\n\n\n<p><strong>Tony: <\/strong>We\u2019ve spent a lot of time and effort\nengaging with the community on many fronts and we feel that we\u2019ve been\nsuccessful in the organic growth of members. For example, our community has\ngrown from 920 members to over 1700 members in less than a week. AMA\u2019s have\nbeen pretty awesome for us as they help us gather community concerns and they\nhelp us gauge the areas in which the community is lacking information about our\nproject. AMA\u2019s along with influencer marketing have been our two main choices\nfor marketing! Community engagement is something we value because the project\nis only as strong as its community. So far we\u2019ve spent around $2700 for AMA\u2019s\nand around half of that has been distributed in rewards to the community\nmembers.<\/p>\n\n\n\n<p>Right now,\nwe actually have 2 campaigns running. We\u2019re running a Meme\/Gif competition\n(which ends in 2 days) and a Bounty Campaign (also ends in two days). $1100 to\nbe won. You can join <a href=\"https:\/\/t.me\/OdinalaNetwork\">@OdinalaNetwork<\/a>\nand <a href=\"https:\/\/t.me\/OdinalaNetworkAnn\">@OdinalaNetworkAnn<\/a> to find out\nmore about the competitions. We have plenty more in the pipeline which we\u2019re\npretty excited about. Be sure not to miss out! We\u2019re always looking for fresh\nideas too so if you have any competition ideas, don\u2019t hesitate to message me on\nthe side.<\/p>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p><strong>PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n<p>As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about Odinala Network.\nA link to a Quiz form were sent into the chat. Participants had 10 minutes to\nanswer. 300$ were distributed between the winners. Please check the winners\nlist here: <\/p>\n\n\n\n<p><strong>For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n<p>English Telegram\ngroup: <a href=\"https:\/\/t.me\/Satoshi_club\">https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n<p>Russian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_ru\">https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n<p>Spanish Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_spanish\">https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n<p>Telegram Channel:\n<a href=\"https:\/\/t.me\/satoshi_club_channel\">https:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p>Twitter:\n<a href=\"https:\/\/twitter.com\/esatoshiclub\">https:\/\/twitter.com\/esatoshiclub<\/a>&nbsp; <\/p>\n\n\n\n<p><strong>Our Partners: <\/strong><\/p>\n\n\n\n<p>Odinala Network: <a href=\"https:\/\/t.me\/OdinalaNetworkAnn\">https:\/\/t.me\/OdinalaNetworkAnn<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today we would like to tell you about the AMA session with our friends from Odinala Network. The AMA took place on October 9 and our guests were Emmanuel, Prof. J, Snazzy O, Tony, Zubair and Kaiser M. The total reward pool was 500$ and was divided into three parts. In this AMA Recap we [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"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\/2358"}],"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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=2358"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/2358\/revisions"}],"predecessor-version":[{"id":2361,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/2358\/revisions\/2361"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=2358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=2358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=2358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}