Mary | Satoshi Club:<\/strong> Hello,Satoshi Club! We are happy to announce our AMA session with Team.Finance! welcome to Satoshi Club:grinning:<\/p>\n\n\n\n D. | Satoshi Club: <\/strong>hello Satoshi club<\/p>\n\n\n\n TEAM Developer:<\/strong> Hello everyone<\/p>\n\n\n\n Cop Smoke: <\/strong>Thank you for having us<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong> Hello, TEAM🥳 How are you today?)<\/p>\n\n\n\n TEAM Developer: <\/strong>We are great, and ready for our project\u2019s biggest day ever, Blitz (today)!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Wow, it’s really a big day today!<\/p>\n\n\n\n Cop Smoke: <\/strong>We are making 6 announcements, one each hour from 12PM-6PM EST Today!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> But first, can i ask you introduce yourself and tell us about your project \ud83d\ude09 and its announcement)<\/p>\n\n\n\n TEAM\nDeveloper<\/strong>:\nSure. <\/strong>Team Finance is the\nfastest growing token locking solution in DeFi. We lock other\nproject\u2019s tokens (liquidity, and founder tokens) so that investor\u2019s\nknow that project is safe and committed to long-term success. To date\nwe have locked over $12,000,000 worth of coins. Today, is our BLITZ\nevent. Starting in 3 hours, we will be making 6 Announcements, 1 ANN\neach hour for 6 hours straight<\/p>\n\n\n\n Also followed by\nnon-stop promotion and AMAs. That is why TEAM was #1 on CoinGecko\nlast night, the world is excited to see what we have to say<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>You talk about this info:grinning:?<\/p>\n\n\n\n TEAM Developer: <\/strong>Yes. Many projects have locked and then withdrawn tokens by the way, but the total value locked to date is $12,000,000. Currently we have almost $8,000,000 inside our vaults<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Oh, got it:grinning: thank you :+1:<\/p>\n\n\n\n TEAM Developer: <\/strong>Also, this number was achieved without fully launching the product. We have been locking tokens manually, today when we launch the website, we will grow infinitely faster<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> So, you had more than 25 projects locked with Team?)<\/p>\n\n\n\n TEAM Developer: <\/strong>Yes<\/p>\n\n\n\n D. | Satoshi Club:<\/strong> nice! not rookie numbers 😁<\/p>\n\n\n\n TEAM Developer: <\/strong>Including KP4R, OctoFi, YFIII, and many more<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> I like your progress :+1:<\/p>\n\n\n\n TEAM Developer: <\/strong>These projects trust us very much, they put the fate of their project\u2019s into our lockers and we have not had a single issue to date.Now, we will scale and we hope to reach $100m locked very soon<\/p>\n\n\n\n Mary | Satoshi Club: Amazing:+1: <\/strong>Congrats with this) And i think you want to explain us more about #TeamBlitz<\/a> 😉<\/p>\n\n\n\n TEAM\nDeveloper<\/strong>:\n<\/strong>\n<\/p>\n\n\n\n It starts in 3 hours. It will be back-to-back announcements with a lot of promotion and marketing, all condensed into 6 hours. It is the first ever event of its kind. We are very excited, and many new people will hear about TEAM today after this event. Already, our group has grown by a lot of users<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Oh, and we won’t have announcements during our AMA?🥺 We like news to be announced here:grinning:<\/p>\n\n\n\n TEAM Developer:<\/strong>First Announcement will be at 12, but I can tell you that our 6th announcement is the most exciting. Each announcement gets bigger and bigger<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Great:+1: we will follow you:grinning:<\/p>\n\n\n\n TEAM Developer:<\/strong> This AMA will get your viewers into the Blitz early, because most of crypto will only hear during the Blitz 😉<\/p>\n\n\n\n D. | Satoshi Club:<\/strong> and last one, i bet would be listing on Binance?<\/p>\n\n\n\n TEAM Developer:<\/strong> We are in talks with some indivduals from Binance, but this is something we may wait for Blitz #2 for Last announcement is regarding the TEAM Platform itself. This is your sneak peek<\/p>\n\n\n\n Q1 from Telegram user @dashinberli<\/a><\/em>n<\/a><\/em><\/strong><\/p>\n\n\n\n You offer a non-custodial coin locker for team or other project tokens to bring more trust for the project. But as I know, every team can lock their tokens through a smart contract which can be verified by everyone. Why would they need to engage with a third party service for this?<\/strong><\/p>\n\n\n\n TEAM Developer: <\/strong>Great question. This is true, any project can create their own locking contract, but there are the following problems: It is so easy to\nlock into team, and then display our front-facing profile to\ninvestors, most projects choose this option instead.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>We have some projects with the same or near features on the market, like Unicrypt) Why project have to choose Team? Actually we will have a question about this) a bit later)<\/p>\n\n\n\n TEAM Developer: <\/strong>TEAM will be offering free liquidity locking for all projects, this will let us compete with Unicrypt. For the \u201cProject Token\u201d locking service, there are few other solutions like TEAM. We have locked more Project Tokens than anyone else, and we will continue to dominate that area.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Btw, do you have any requirements for projects which want to lock tokens?)<\/p>\n\n\n\n TEAM Developer: <\/strong>No, our platform is completely autonomous and anybody can lock. We scan the smart contract to check for vulnerabilities\/risks, like a mint function and add spender, this way investors can see if the project has hidden traps aside from regular rug pull tactics.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>So, you scan) i like this)<\/p>\n\n\n\n TEAM\nDeveloper<\/strong>:\nYes. <\/strong>Very important to\nprevent rug pulls<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>They like to hide. Did you have project which applied for lock, but you found hidden traps and had to refuse it?<\/p>\n\n\n\n TEAM Developer: <\/strong>No, we have not had this issue. And after today, when the platform is live, we will not reject anyone, everyone can lock on out platform, just like Unicrypt. However, that is why we provide tools for investor\u2019s to analyze whether the project is a safe investment. But anybody can lock, keep this in mind<\/p>\n\n\n\n Q2 from Telegram\nuser @halvving<\/a><\/em><\/p>\n\n\n\n What fee do you take from projects to lock their tokens and is it enough for your team to be sustainable with the fee you take? Do you have any financial projections?<\/strong><\/p>\n\n\n\n TEAM Developer: <\/strong>This will be announced, as it is integrated into our token model (another hint about our Blitz ANN) You will have to wait and see later today those exact details<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Ok, we have one more hint:+1:<\/p>\n\n\n\n Q3 from Telegram\nuser @tronsupporter<\/a><\/em><\/p>\n\n\n\n I’ve heard about your idea before and I think you have competitors in the market. Do you have an analysis regarding their success? I am also interested if you had any customers until now as well<\/strong><\/p>\n\n\n\n TEAM Developer: <\/strong>Yes, we have many projects which have locked with us. Our competitors..<\/p>\n\n\n\n I wont mention all\nby name, but nobody has locked more than us for Project Tokens, and\nas for liquidity, I predice we will beat them soon (in a couple\nmonths). Then we will dominate the locking space<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Revolutionary plans:+1:<\/p>\n\n\n\n TEAM Developer: <\/strong>Here is an example https:\/\/etherscan.io\/address\/0x06d0ccbfa6f1eec7ca61288f8545efd977384c70<\/a><\/p>\n\n\n\n Go here<\/p>\n\n\n\n This is how much TrustSwap has locked. We have locked $12,000,000. That is 120x more<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Not so much) if you are talking about locks) they also have a lot of transactions here https:\/\/etherscan.io\/token\/0xCC4304A31d09258b0029eA7FE63d032f52e44EFe<\/a><\/p>\n\n\n\n TEAM Developer<\/strong>: Yes, thats their coin. I am talking about product<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>But i think it’s different then locks)<\/p>\n\n\n\n TEAM Developer: <\/strong>Our product is beating theirs, with respect to locks. But they have a good project and I am sure in many areas will succeed.But in the locking area, i think we will beat all of our competitors<\/p>\n\n\n\n D. | Satoshi Club: <\/strong>what about LID Protocol? is it your competitor?<\/p>\n\n\n\n TEAM Developer:<\/strong> In a sense yes, but they are more of a launchpad. We focus on locks<\/p>\n\n\n\n D. | Satoshi Club: <\/strong>ok thanks for clarifying! i know the difference now 😇<\/p>\n\n\n\n Q4 from Telegram user @dominiksss<\/a><\/em><\/p>\n\n\n\n I saw on your website that currently you support only erc20 tokens. I understand that at the moment this is the most popular chain, but other chains have a decent market share as well and other advantages over it. Do you plan to add support for other chains, or do you want to focus on Ethereum only?<\/strong><\/p>\n\n\n\n TEAM Developer:<\/strong> Yes, we hope to soon integrate with BSC and TRX, and we are speaking to those two groups in talks with potential partnerships down the road<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>EOS?)<\/p>\n\n\n\n D. | Satoshi Club:<\/strong> Cosmos?<\/p>\n\n\n\n TEAM Developer:<\/strong> EOS is another one we would like to integrate, but BSC and TRX are the ones we are actively working integrating at the moment<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>That’s true) You can do it step by step)<\/p>\n\n\n\n D. | Satoshi Club:<\/strong> when exactly do plan to work with BSC and TRX projects? in this year in the next one?<\/p>\n\n\n\n TEAM Developer: <\/strong>I am not sure about timing, the sooner the better, but we plan to create the first locking solution for those two chains. Then all BSC and TRX projects will be able to lock with TEAM<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>They currently don’t have?<\/p>\n\n\n\n TEAM Developer:<\/strong> Smaller developers can build ones for their projects individually, but not a full solution like team<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Oh, you’ll be pioneers :+1:<\/p>\n\n\n\n TEAM Developer:<\/strong> yes<\/p>\n\n\n\n Q5 from Telegram user @bitociok<\/a><\/em><\/p>\n\n\n\n It’s interesting, you have a smart-contract for all your clients or you create a new one for each project\/ client you have?<\/strong><\/p>\n\n\n\n TEAM Developer:<\/strong> We have 1 smart contract right now for all projects<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> And it was audited?)<\/p>\n\n\n\n TEAM Developer:<\/strong> Otherwise the fees to create and deploy a new contract for each token would make our model unsustainable. Yes it was audited by Chainsulting<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Can you share a link here, so everyone can see it?)<\/p>\n\n\n\n TEAM\nDeveloper<\/strong>:\n<\/strong>\n<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Btw, nice audit:joy: i saw audit written as medium article<\/p>\n\n\n\n D. | Satoshi Club:<\/strong> imagine i saw projects without audit 👀<\/p>\n\n\n\n Q6 from Telegram user @Jitka1<\/a><\/em><\/p>\n\n\n\n What is the functionality of the badge “Trust score” that is on your website and how is it formed? What’s the formula and what indicators do you use to assemble this score?<\/strong><\/p>\n\n\n\n TEAM Developer:<\/strong> In the new version, this is removed. We decided we will not score projects based on trust, instead we will provide the facts and display the evidence of locks\/mint functions, etc, and let the investors decide for themselves<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Btw, will your community opinion matter?<\/p>\n\n\n\n TEAM Developer: <\/strong>What do you mean by that<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> If they don’t like a project and will think it’s a scam?) Will you remove or refuse it?<\/p>\n\n\n\n TEAM Developer: <\/strong>We cannot, anybody can lock into our contracts. Just like anybody can create a smart contract on Ethereum, Ethereum does not remove somebody just because the community does not like them. But we warn against investing in projects if they have certain scam-like indicators.<\/p>\n\n\n\n We aim to prevent\nrug pulls, and our platform is built around that While still allowing\nall to access our services<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Got it) I think warning from you will also work)<\/p>\n\n\n\n Q1 from Telegram user @apocan99<\/em><\/p>\n\n\n\n Do\nyou have any future plan for providing some other services such as\nyield farming, staking, borrowing, etc.<\/strong><\/p>\n\n\n\n TEAM Developer: <\/strong>Wait for blitz to find out<\/p>\n\n\n\n Q2 from Telegram user @huydo<\/em><\/p>\n\n\n\n Your\nwebsite shows ” Locker Room” with “Coming soon”\nstatus, could you please talk about its function and features?<\/strong><\/p>\n\n\n\n TEAM Developer: <\/strong>Blitz will reveal<\/p>\n\n\n\n Q3 from Telegram user @Zeanich<\/em><\/p>\n\n\n\n How\ndo you plan to encourage or promote more projects to reach the 100m\nblocked @teamfinancedev<\/a><\/strong><\/p>\n\n\n\n TEAM Developer:<\/strong> We plan on encouraging the community to push projects to lock, because this will make those projects safer<\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/p1-20.jpeg\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/p2-11.jpeg\")
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1: Will it have vulnerabilities that will allow a hacker to steal everything?
2: Does the project have the $ to pay for an audit to prevent problem #1?
3: Even if the contract is safe, will investors believe you?
4: Do you want to spend the money and time building that contract, when a platform like TEAM exists and does it in a few minutes?
Additionally, TEAM provides projects more exposure, and adds more trust to a project\u2019s name.<\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/p3-9.jpeg\")
<\/figure>\n\n\n\nPart\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n