{"id":3381,"date":"2020-11-20T18:29:06","date_gmt":"2020-11-20T16:29:06","guid":{"rendered":"https:\/\/esatoshi.club\/?p=3381"},"modified":"2020-11-30T18:55:47","modified_gmt":"2020-11-30T16:55:47","slug":"hardcore-by-dgvc-x-satoshi-club-ama-recap-from-the-11-of-november","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/11\/20\/hardcore-by-dgvc-x-satoshi-club-ama-recap-from-the-11-of-november\/","title":{"rendered":"Hardcore by DGVC x Satoshi Club AMA Recap from the 11 of November."},"content":{"rendered":"<h3>Hello, Satoshi clubbers and guests of this site. Glade introduces to you Hardcore by DGVC. HARDCORE uses token fees as rewards in entirely new ways. More of this the Lambordgini is real with HARDCORE by Degen.VC&nbsp;<\/h3>\n<p>The AMA session was divided into 3 parts with total crypto reward pool is 500$.<\/p>\n<p>Leading the AMA our clever and fun admins:<\/p>\n<p>@madamlobster&nbsp;and&nbsp;@Cool_as_Ice<\/p>\n<p>The Representative of the project:&nbsp;<\/p>\n<p>&#x1f449;Paul &#8220;The Khal&#8221; Scott&nbsp; &#8211; @PaulScott5 &#8211; Co-founder \u2022 Degen.VC&nbsp; Former bank treasurer&nbsp;turned crypto and DeFi specialist.<\/p>\n<p><strong>&#x1f449;<\/strong>Fraser Brown&nbsp; Olympian and ETH dev ops since 2016 turned&nbsp;degen 2019.<\/p>\n<h2>PART 1. INTRODUCTION of Hardcore by DGVC PROJECT AND COMMUNITY QUESTIONS.<\/h2>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Hello again, Satoshi Club! We are happy to announce our AMA session with Hardcore by DGVC! Welcome to Satoshi Club&#x1f600;<\/p>\n<p><strong>D| Satoshi Club: <\/strong>Hello everyone &#x1f607;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Hi and thanks for having us!<\/p>\n<p><strong>D| Satoshi Club: <\/strong>Hello! Welcome to Satoshi club!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Hello, Paul, happy to see you here&#x1f44d; How are you today?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Top of the world &#8211; it&#8217;s a great day to be alive! My colleague @fraserbrown_org is blocked folks Please add him too, thanks!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Great&#x1f44d; and now we will help your colleague)<\/p>\n<p><strong>Serg | Satoshi Club:<\/strong><\/p>\n<p>Just added<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Thank you &#x1f60a; You&#8217;re welcome &#x1f600;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>Woohooo! &#x1f973; @fraserbrown_org welcome!<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Let&#8217;s ggoooooo<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>And now, when everyone is here, let&#8217;s start with the intro&#x1f600;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>I\u2019m an Engineer with an MBA, went on to represent Ireland in the Olympics. Then had a diamond business in New York before getting back to tech (I was a strategy consultant post MBA). Helped conservation organisations with innovative finance for four years before going full Ethereum and Degen. Could you, please, introduce yourself and tell us how did you start with Hardcore by DGVC)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>My background is largely in Financial Services. I rose through the ranks in banking to become a Group Treasurer.<\/p>\n<p>For the last 8 years I have been working with disruptive technology, and now full time on Blockchain! IT has been a very exciting journey for the last 5 years for sure.<\/p>\n<p>Fraser and I have been working on the concept of Degen.VC for a couple of years now \u2014 we\u2019re happy to bring our ideas to the market!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Oh, I like diamonds&#x1f602; do you still own some?&#x1f602; And how do you feel full time here?)))<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>A few;&#x1f600;. loving the idea of NFT&#8217;s representing diamonds<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Degen.VC was launched in mid-August this year, but the concepts have been worked on by the 2 of us for a couple of years. A video of the current version of our curation market can be found on our website \u2014 it shows how we integrate into Uniswap as well.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Oh, I want this one&#x1f602; You can share it here&#x1f600;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Hardcore feels like a natural progression for us. I&#8217;ll have to dig it out quickly!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It feels like some kind of freedom)<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>We have a plan<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>We spent quite a bit of time looking into the NFT market &#8211; we launched really quickly on the back of the success of Meme! But NFT&#8217;s are not enough, we think<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Yes, you have a lot of opportunities in this market &#x1f600;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Degen VC has a token DGVC. If you are an LP holder you receive alphadrops ie. airdrops of innovative projects we launch with a big enough community we can get to the point where this alphadrop plus a Uniswap will find the market price and become a unique form of de facto venture finance<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Alphadrops sounds solid &#x1f600; Thank you for the intros, guys&#x1f44d; We have a lot of questions from our community and I think we are ready for them? Are we?)<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>We recently launched an innovative DEX this way behodler.io. The governance token EYE was airdropped. We will liquidity mine in the coming weeks<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>We are ready!!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It&#8217;s a part of Hardcore by DGVC?)<\/p>\n<p><strong>D| Satoshi Club: <\/strong>When binance?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>No &#8211; Hardcore is a new project all on its own<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Deflationary tokens started becoming quite interesting when projects allocated a chunk of tokens to stakers over time as an incentive \u2014 but this allocation runs out obviously so these tokens lack longevity, especially if the token supply is hard-capped, which it should be.<\/p>\n<p>FOT (fee on transfer) was the next step where the token itself was built to take a fee when transferred from one address to another. This fee can then be used to reward stakers. But the trouble with this is that the token often lacks utility beyond the FOT innovation itself, so the appeal is limited and volumes dry up. You saw that with ENCORE for example.<\/p>\n<p>HARDCORE is a \u201cbeyond yield\u201d token.<\/p>\n<p>$HCORE actually gives its holders something beyond deflationary mechanics. The fees mount up and one degen gets an exotic car through mining the winning spot the ball NFT (like botb.com)<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Actually, it&#8217;s the main question &#x1f602;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott: <\/strong>When Binance?<\/p>\n<div style=\"width: 320px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-3381-1\" width=\"320\" height=\"178\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/when_binance.mp4?_=1\" \/><a href=\"https:\/\/esatoshi.club\/wp-content\/uploads\/when_binance.mp4\">https:\/\/esatoshi.club\/wp-content\/uploads\/when_binance.mp4<\/a><\/video><\/div>\n<p><strong>D| Satoshi Club: <\/strong>When moon?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>HaHaHa<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/hide-simpson.gif\" alt=\"Hardcore by DGVC  when moon\" width=\"220\" height=\"165\"><\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>So, @Cool_as_Ice let&#8217;s shoot with the first question &#x1f609;<\/p>\n<p><strong>D| Satoshi Club:&nbsp;<\/strong><\/p>\n<p><em>Q1 from Telegram user @klaus_crypto<\/em><\/p>\n<p><strong>How can you give the opportunity to become their own VC to people? To become VC you need a lot of money. Or are you doing some kind of pool?<\/strong><\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>What a great question!<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Alphadrops are an innovation in venture finance. A project keeps tokens, a Uniswap market finds their value, the project has funding. But this is a very basic idea. It is, in fact, how MEME launched. And Degen.VC<\/p>\n<p>But bigger plans are afoot. DGVC-V2 will be an FOT (fee on transfer) token that generates revenue. Also through liquidity mining (which is a form of reverse ICO), we can incorporate token fundraising in our venture finance stack also<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>\/done<\/p>\n<p><strong>D| Satoshi Club: <\/strong><\/p>\n<p>Ok, thanks for the answer! @madamlobster do you have any additional questions?<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Which fee on transfer do you have? Do you have numbers?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Yes, we do &#8211; we have settled on a value of 5% for the fee on transfer, but more importantly, it is how we plan to use this fee!!<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>(this is for HARDCORE)<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>And how?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>As Fraser says &#8211; this is for Hardcore&#8230; There will be 2 vaults&#8230;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>We here for Hardcore!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Hardcore is the best)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p><strong>NFTVault<\/strong><\/p>\n<p>The NFTVault is largely the NFT \/ meme idea \u2014 gather fees in order to, via a skill game in the guise of a spot-the-ball contest \u2014 win a Lambo! YES &#8211; A LAMBO IN REAL LIFE!!<\/p>\n<p><strong>LiquidVault<\/strong><\/p>\n<p>The LiquidVault is our innovation \u2014 the fees gathered in this vault can be claimed by anyone sending ETH to that vault. This means the person sending the ETH essentially buys HCORE tokens at a huge discount. The caveat is that the ETH and HCORE tokens are pooled, and this LP is locked for 1-month.<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>You read that right. Someone will win a Lambo that we will buy and ship to them!<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>80% of HARDCORE tokens will be airdropped to the DGVC LP (buy DGVC, pool DGVC, get HARDCORE)<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Lambo soon&#x1f602;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Lambo very soon &#x1f602;&nbsp; unbelievable<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>First, buy DGVC then Lambo<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Thanks for your answers) let&#8217;s go forward to the next question?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Yep, it&#8217;s that simple&#8230; And 80% of Hardcore tokens will be #alphadropped to DGVC LP&#8217;s<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It will be easy to recognize your user on the street &#x1f602; they will have Lambos) Shoot the next, please, @Cool_as_Ice &#x1f609;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p><em>Q2 from telegram user @HurricaneLad<\/em><\/p>\n<p><strong>The idea of winning EXOTIC CARS by just pooling $HCORE and mining NFTs is unbelievable, please can you make it believable for me?<\/strong><\/p>\n<p>Comment from @sspurss : this question is so funny that I had to select it &#x1f600;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>LOVE IT!!<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Hit the guys with the Math Khal Paul<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Incoming!!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Yes, we need math&#x1f602;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Here&#8217;s how simple it is&#8230; When HCORE trades $10-15M in volume, someone wins a LAMBO&#8230; This image explains it all<\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/graph-1024x446.jpg\" alt=\"Hardcore by DGVC  graph\" width=\"1024\" height=\"446\"><\/p>\n<p>Depending on the % going into the NFTVault, depends on &#8220;when Lambo&#8221;&#8230; Simple as that, really<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Spot the ball contests are provably popular. On top of this, players get to park their money in a provably robust deflationary system. We think \u201cbeyond yield\u201d is the next thing. We think it\u2019s game on<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Which volume does it have now?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>It is not yet launched&#8230;check our website hcore.info It has a countdown timer<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>Still have time to buy some DGVC<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>EVERYONE still has time to 1. Buy DGVC; 2. Pool DGVC; 3. Wait for FREE HCORE #alphadrop! Still time.<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Still time<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Where can we buy DGVC?<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>https:\/\/app.uniswap.org\/#\/swap?inputCurrency=0x26E43759551333e57F073bb0772F50329A957b30<\/p>\n<p>get em while they are cheap&#x1f600;<\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/time-DGVC-1024x107.jpg\" alt=\"time DGVC\" width=\"1024\" height=\"107\"><\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Do you plan to list it on another DEXs or CEXs?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>We love Uniswap so much&#8230; It might take a while before someone can convince us lol<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>We found with DGVC that eventually decent exchanges list you e.g. Bilaxy.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It&#8217;s true&#x1f602;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>But for every opportunity like this there are sales pitches from 40-50 wannabe binances LOL<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>True story &#8211; I get 5x per day @ least lol<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>5x&#x1f602;<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Yes, guys, it&#8217;s real crypto)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>5 exchanges &#8211; but yes, why not DGVC 5x lol<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>I feel the smell of a bull market) I think it&#8217;s easy) Ok, thank you for clear math&#x1f600; I think all our users counting now&#x1f602;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>And waiting for Lambo.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>And we can go straight to the next question) of course, if everyone is agreed&#x1f609;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>ready<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Stop. Which color will be lambo?&#x1f602;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Whatever the winner wants!!<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>As long as it is available that week &#x1f602;<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>&#x1f44d; ideally) @Cool_as_Ice &#x1f609;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p><em>Q3 from Telegram user @mikenit890<\/em><\/p>\n<p><strong>An LP hodler can stake a maximum of 2.02 LP PER DAY to earn 1 point. You require 2 points to mint the NFT, so at maximum LP it will take 2-days. Does this imply that there is actually no limit to the amount of NFTs that can be minted, as long as the 2 points to mint the NFT is acquired?<\/strong><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>The spot the ball images is made up of coordinates that equate to pixels There is a limit theoretically. However viable ball positions will represent hundreds of thousands of points. Also, fascinating is the fact that people can sell the NFTs representing coordinates on a secondary market such as Open Sea<\/p>\n<p>Essentially, when someone has enough points earned by staking LP they can mint an NFT that represents one coordinate we just staged a soccer match where our development team are and where I am now in Kyiv, Ukraine, with a team of photographers<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>What&#x1f602;&#x1f602;&#x1f602;&#x1f602; Kyiv, not Kiev)))<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Rookie error &#x1f602;<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Ok, did you count how many chances to win has one NFT?<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Only one NFT is the winner<\/p>\n<p><strong>D| Satoshi Club: <\/strong>Unforgivable mistake<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>A panel of judges will decide which NFT represents the winning position.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>What is a panel of judges?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>All completely transparent, just like Fraser and I whose profiles are completely public on LinkedIn, Twitter, and everywhere &#8211; no anon teams here!!<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>\u042f \u0437\u0433\u043e\u0434\u043d\u0430, Kyiv, \u0430 \u043d\u0435 Kiev))<\/p>\n<p><strong>Mary | <\/strong><strong>Satoshi <\/strong><strong>Club:<\/strong><\/p>\n<p>\u0427\u0443\u0434\u043e\u0432\u043e) \u0440\u0430\u0434\u0430, \u0449\u043e \u043c\u0438 \u043f\u043e\u0440\u043e\u0437\u0443\u043c\u0456\u043b\u0438\u0441\u044f&#x1f602;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Ok ok proved your points lol<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Great&#x1f44d; happy to hear that everything will be transparent &#x1f600; Ready to go to the next question?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>A group of independent people who will decide what the winning position is, and that position will = an NFT held by someone who will win a LAMBO!<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Go<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p><em>Q4 from Telegram user&nbsp; @konditer_rolex<\/em><\/p>\n<p><strong>I am one of the few people who read pinned messages in Discord. It was from there that I learned that you have several development teams. Tell us what products each team is working on now. And who are the teams from? Perhaps you involve freelancers to perform one-time work?<\/strong><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>I am mainly dev ops. I&#8217;ll pick this up. We had a team of two Kyiv devs for 4 years. But times change and recently we will have put together a team of 5 full-time engineers here: 2 UI, 2 Solidity, and 1 full-stack. Among them are two seniors with audit experience. Over in South Africa where Paul is we work with one Senior called Justin who is also the creator Behodler dap. He wrote most of the code for HARDCORE meaning that the second team can effectively audit and vice-versa<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>International team&#x1f600;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Once HARDCORE is open-source those with dev experience will enjoy following the commits and will see how the interesting teamwork plays out<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Btw, you will do the audit by yourself, or will also involve the third part?<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>We are nearly in a position to become a foremost DeFi launch platform. Wild times ahead. Amazing projects in the pipeline<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Nice hints) we live DeFi here)))<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Because Justin wrote the core contract and has no relationship with our Ukraine Devs that have senior audit experience, we will keep this under the umbrella of Degen VC, one will audit the others work<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It&#8217;s an interesting decision &#x1f600; but it should work, I think&#x1f600; Thank you for your answers &#x1f603;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>I would never rule out 3rd party audits but for now, this solution serves as a robust audit by any standard<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Yes, but these questions are common) everyone cares about safety &#x1f600; And about the safety of his Lambo&#x1f602;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Agree<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Do you have to add something or we can go to the next question?)<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>When I was very new in solidity 5 years ago I would always use external audits. Now it&#8217;s slightly different and we are just fortunate with the makeup of the team right now<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>You know, I am not sure about audit projects. Not so many we can trust.<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Audits should only be published on main-net deployed contracts. Otherwise useless<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Agree &#x1f600;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>Our community insists I do that!!<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>Now we know something new about audits, thank you for the answers! now let&#8217;s go to the next question!<\/p>\n<p><em>Q5 from Telegram user&nbsp; @jobel4<\/em><\/p>\n<p><strong>HARDCORE introduces new value-added staking rewards in the form of luxury goods \u2014 exotic cars, initially. This is amazing but this seems expensive and costly. So how will your platform manage to funds this kind of luxury item? Can you explain more about how to get this kind of reward by just staking in Hardcore?<\/strong><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>You might have seen what happened with Axion recently. Double audited code. A dev injected malicious code on deployment and was able to mint a massive amount of tokens and rug the project. Insane<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>I&#8217;ll handle that question<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>It&#8217;s not just Axion&#8230; Yes&#x1f926;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>these are very good questions<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>The issue of creating value for token hodlers is one that is critical for us &#8211; there cannot just be a simple idea or utility for a token that drives adoption. And besides, every single crypto group you enter &#8211; people ask the inevitable &#8220;wen lambo&#8221; ; &#8220;wen moon&#8221;! We thought about this a lot &#8211; and decided that the fulfillment of the promise of &#8220;when Lambo&#8221; needs to happen &#8211; and why not let it be us that makes it happen! Yes, it is costly, but let&#8217;s use another statistic here&#8230;<\/p>\n<p>When Andre Cronje (another South African btw) launched K3PR, it did almost $200M in volume on Day 1.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>You will reward just with Lambo?)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>In Hardcore, this is 20 LAMBOS IN A DAY!!!<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Oh, yes, that was crazy)<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>So it&#8217;s not impossible at all, And no, not just Lambos<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Tesla?&#x1f602;<\/p>\n<p><strong>Paul \u00abThe Khal\u00bb Scott:<\/strong><\/p>\n<p>The other portion of fees collected goes into a LiquidVault &#8211; where you can send ETH and claim HCORE tokens, at a massive discount! So it is, as Fraser says, &#8220;beyond yield&#8221;&#8230;<\/p>\n<p>Many of our communities do not have the infrastructure lol!! All countries sell petrol&#8230;&#x1f923;&#x1f60e;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>The winner could sell the winning NFT on Open Sea. Now that will be wild<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Ok, let&#8217;s see, what you prepare for your community) we will follow your updates&#x1f600; i know some users, that are very interested in owning Lambo&#x1f602; Ohhh, want to see that&#x1f602;<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>It&#8217;s a marketer&#8217;s dream. Degens will ape in<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>And we are close to the last question from this part &#x1f603; ready?)<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>Question number 6 is the last<\/p>\n<p><em>Q6 from Telegram user&nbsp; @cengizhantekin<\/em><\/p>\n<p><strong>For the NFT contest, once we comply with the requirements, we select coordinates. Then judges determine the position of winning NFT. So, how do they determine the winner, randomly or based on some criteria? Is there a possibility they select an empty coordinate or is it assured to select an occupied position? Finally is it technically possible that more than 1 degen select the same coordinates, if so, what happens when there is more than 1 winner?<\/strong><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>I&#8217;ll answer this. Spot the ball contests are a legally accepted variation on a lottery. As some of you will know blockchain lotteries have suffered from the hand of regulators.<\/p>\n<p>One of the ways to ensure compliance is using judges to choose the winning ball position. I think this is to do with reinforcing the concept of it being a game of skill rather than chance. So, the judges will agree on which coordinate wins. We can read all of the NFT metadata and find the address which is closest to the winning formula. The NFT minting smart contract has been coded NOT to allow two people to choose the same coordinate. But as stated before there will be almost half a million realistic coordinate<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>What the owner of NFT exactly has to do to participate? Only own?)<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>The judges will probably publish the winning coordinate using a 5\/6 gnosis safe (multi-sig)<\/p>\n<p>Yes, own it. To claim, they will send it to us or, as mentioned before, they cold sell it. Imagine someone sold the winning NFT on OpenSea for $2.5 and it turned out to be worth 100000x this, that would be a bad days trading<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Can&#8217;t imagine, it&#8217;s near bitcoin pizza&#x1f926;<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>&#x1f197; I think it&#8217;s clear) if you don&#8217;t have anything to add we have the next part which can surprise you&#x1f609; It&#8217;s live questions part &#x1f38a;<\/p>\n<p><strong>D| Satoshi Club:<\/strong><\/p>\n<p>Thank you for the detailed answer! the first part of our AMA is over! the next part is ahead! we will open chat for 120 seconds and after closing, you will need to choose 10 questions! @fraserbrown_org @PaulScott5 sounds good?<\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Unleash it.<\/p>\n<p><strong>Mary | Satoshi Club:<\/strong><\/p>\n<p>Let&#8217;s go &#x1f680;<\/p>\n<h2>PART 2.QUESTIONS for a Hardcore by DGVC PROJECT from TELEGRAM COMMUNITY LIVE<\/h2>\n<p>In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the crypto project choose the top 10 questions. These 10 crypto enthusiasts have earned cryptocurrency in the sum 300$.<\/p>\n<p>Q &#8211; 1 from a telegram user @Ayh406<\/p>\n<p><em>Will there be a mobile version?<\/em><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Yes, but not a mobile app.<\/p>\n<p>Q &#8211; 2 from a telegram user @K2ice<\/p>\n<p><em>Am not sure I understand how you plan to use the 5% fee on transfer. Is it the 5% FOT that you intend to use to buy a LAMBO for someone?<\/em><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>I think the best answer here is to point you here &#8211;<br \/>\nhttps:\/\/medium.com\/hcore<\/p>\n<p>Q &#8211; 3 from a telegram user&nbsp; @Pratze<\/p>\n<p><em>Read from your Telegram, you have a community group name<\/em><br \/>\n<em>\u2018VIP Co-Creation\u2019 that the member of that group will get many benefits and get priority from Hardcore, how can we join that group? Is there any requirement?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>This is the section of our Discord channel that is reserved for DGVC liquidity providers (LP). Just with with earning #alphadrops, you need to follow the steps: 1. buy DGVC here: t.ly\/wCSc 2. Pool DGVC &amp; ETH on Uniswap here: http:\/\/t.ly\/0wvV. Once you have done this, you can enter our Discord and follow the steps to identify yourself as an LP &#8211; and then you will see all the VIP and co-creation channels!<\/p>\n<p>This is super cool as our community of LP&#8217;s helps us develop projects for maximum success!<\/p>\n<p>Q &#8211; 4 from a telegram user @surendra040<\/p>\n<p><em>Should I participate before or after token launching and why?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>Before, becoming a DGVC LP, means you will get HCORE tokens FOR FREE!! This will be in the % of your holding of DGVC LP &#8211; the more you hold, the bigger your share of the HCORE tokens! Simple as that. Waiting until after the #alphadrop means you might have to buy them on Uniswap &#8211; and who knows where the price will go?!?<\/p>\n<p>Q &#8211; 5 from a telegram user @apocan99<\/p>\n<p><em>When do you think the Lambo will be won by an investor, what is your forecast roughly?<\/em><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Within one week of launch, we think.<\/p>\n<p>Q &#8211; 6 from a telegram user WakeUp! &#x1f389;<\/p>\n<p><em>Why did the #Hardcore project choose a DegenVC partner? and whether $HCORE can be staked and where to start staking and buy $HCORE tokens.<\/em><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>Staking is kind of an afterthought right? It&#8217;s not embedded in the design. It&#8217;s &#8220;hey, here are some extra tokens we will dole out if you stake&#8221;. It is primitive. Our FOT fees are sent to a smart contract call liquid vault. You can send ETH to this smart contract and it will pool your ETH with its HCORE by interacting with Uniswap and then give you LP after one-month locking. See how this compares? It is elegant. It is embedded in the design. It is beautiful.<\/p>\n<p>Q &#8211; 7 from a telegram user @GoldRocket27<\/p>\n<p><em>I like creative guys. You are one of them. What message do you bring to the world with your project?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>We believe that EVERYONE deserves the chance to be their own personal Venture Capitalist. Why should a small group of people make all the alpha from great projects? NO MORE!! Hardcore is an example of how we bring huge alpha to our community &#8211; 80% of all tokens will be given away to our LP&#8217;s&#8230;where else in the market can you find these benefits??<\/p>\n<p>Q &#8211; 8 from a telegram user @GoldRocket27<\/p>\n<p><em>I like creative guys. You are one of them. What message do you bring to the world with your project?<\/em><\/p>\n<p><strong>Fraser Brown:<\/strong><\/p>\n<p>We define Degens as a global community that insists on the right to be the first to own new tokens. VCs took back this after the ICO debacle. Degen.VC set out to find a way to bring the crowd back but this time safely. We are on that road. Our message to the world is to be part of this early and in a way, you can afford: buy and pool the DGVC token &#8211; www.degen.vc<\/p>\n<p>Q &#8211; 9 from a telegram user&nbsp; @konditer_rolex<\/p>\n<p><em>Lamba, Rolex, football team &#8211; all these attributes of a rich life are presented on the site. I see that you have a small total supply and I understand that all this ostentatious luxury is not just PR. It seems that your project is for very wealthy investors. What is the minimum amount you need to participate in the so-called AlphaDrop? What do you do to avoid the bulk of tokens falling into the hands of whales?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>On the contrary &#8211; you can invest a very small amount to become a DGVC LP, and you will still get HCORE tokens &#8211; the barrier to entry is very low for EVERYONE to have the opportunity to participate. We do not believe in further enriching the rich &#8211; everyone gets the chance to participate by becoming a DGVC LP. We are built to make sure ordinary people get alpha at entry-level&#8230;<\/p>\n<p>Q &#8211; 10 from a telegram user @PaoloMonte87<\/p>\n<p><em>Will you give the winner the possibility to opt to receive the equivalent prize in dollars or Bitcoins in lieu of the Lambo?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>We are fully aware that there are some countries and territories where the costs of importing such a vehcile are going to be extrememly high. We are very interested in making sure the winner has the Lambo experience, so if you come over to https:\/\/t.me\/hcorefinance, we have discussed how this might work out &#8211; even if it&#8217;s a trip to Las Vegas, a week with a Lambo, and then a cash prize!! We are not unaware of global challenges and will make the experience awesome for the winner, wherever they live! Can you believe &#8211; we both answered the same question!! I&#8217;ll find one more lol.<\/p>\n<p>Q &#8211; 11 from a telegram user @nzikak<\/p>\n<p><em>I understand that stakers of $HCORE LP tokens can mine NFTs for a Lambo. Is it a winner takes all contest or there will be other consolation prizes. If yes, what are the prizes?<\/em><\/p>\n<p><strong>Paul &#8220;The Khal&#8221; Scott:<\/strong><\/p>\n<p>The first prize will be a Lambo. After this, we will be creating a community voting capability where the community can decide how the NFTVault is spent &#8211; but remember&#8230;there must always be a game of skill involved. We cannot do a lottery (game of chance) that might cause a regulatory issue!&nbsp; Phew<\/p>\n<h2>Part 3 \u2013 Results about Hardcore by DGVC Quiz<\/h2>\n<p><strong>In the final part, we would like you to check your knowledge in terms of Hardcore by DGVC crypto-project. They\u2019ve prepared 4 questions for this part, so everyone could be a part and answer. All the correct answers you will find at the bottom of this Recap. Enjoy!<\/strong><\/p>\n<p><strong>Answer for a question<\/strong><\/p>\n<p><em><strong>Question:<\/strong> Hardcore is a Degen.VC project. Degen.VC exists to<\/em>:<br \/>\na. Help VC\u2019s enter the crypto market.<br \/>\nb. Make sure VC\u2019s make all the money in the crypto market.<br \/>\nc. Give everyone the opportunity to become their own VC.<br \/>\nd. Buy businesses for VC\u2019s to steal.<br \/>\n<strong>Correct answer: c<\/strong><\/p>\n<p><em><strong>Question:<\/strong> Hardcore will be a fee on transfer token. This means<\/em>:<br \/>\na. Tokens are auto-burned after each trade.<br \/>\nb. The smart contract charges a fee on each transfer of the token, including buys &amp; sells.<br \/>\nc. You pay a fee when searching the token address in Etherscan.<br \/>\nd. You pay a fee when you load the token in your wallet as a new asset.<br \/>\n<strong>Correct answer: b<\/strong><\/p>\n<p><em><strong>Question:<\/strong> Part of the fees, in HCORE tokens that are collected by Hardcore go into a LiquidVault. You can buy these fees by<\/em>:<br \/>\na. Telling the team you want them in an off-market deal.<br \/>\nb. Selling ETH on Uniswap for the tokens.<br \/>\nc. Making the team nice GIF\u2019s for their Telegram Group.<br \/>\nd. Sending ETH to the LiquidVault, and getting locked liquidity for 1-month meaning a discount on the purchase.<br \/>\n<strong>Correct answer: d<\/strong><\/p>\n<p><em><strong>Question:<\/strong> The Hardcore project will give someone a Lambo in a game of skill. How do you play this game?<\/em><br \/>\na. Stake your HCORE LP on the Hardcore website and mint a spot-the-ball NFT.<br \/>\nb. Stake your DGVC LP on the Degen.VC website.<br \/>\nc. Stake your Hardcore tokens on the Hardcore website and mint a spot-the-ball NFT.<br \/>\nd. Stake any NFT you own on the Hardcore website and mint a spot-the-ball NFT.<br \/>\n<strong>Correct answer: a<\/strong><\/p>\n<p><strong>Our contacts for more details:&nbsp;<\/strong><\/p>\n<p>&nbsp;&nbsp;<a href=\"https:\/\/t.me\/Satoshi_club\">English Telegram group<\/a>&nbsp; |&nbsp;&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_ru\">Russian Telegram group<\/a>&nbsp; &nbsp;|&nbsp;&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_spanish\">Spanish Telegram group<\/a>&nbsp; |&nbsp;&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_channel\">Telegram Channel<\/a>&nbsp; &nbsp;|&nbsp;&nbsp;<a href=\"https:\/\/twitter.com\/esatoshiclub\">Twitter<\/a>&nbsp;|&nbsp;&nbsp;<a href=\"https:\/\/esatoshi.club\/\">Website<\/a>&nbsp;<\/p>\n<p><strong>Our Crypto Partner by this AMA:&nbsp; Mercurity.Finance<\/strong><\/p>\n<p><a href=\"https:\/\/t.me\/degenvc\">Telegram<\/a>&nbsp;&nbsp;|&nbsp;&nbsp;<a href=\"https:\/\/twitter.com\/degen_vc\">Tweeter<\/a>&nbsp; |&nbsp;&nbsp;<a href=\"https:\/\/www.degen.vc\/\">Website<\/a>&nbsp; |&nbsp;&nbsp;<a href=\"https:\/\/medium.com\/degen-vc\">Medium<\/a>&nbsp; |&nbsp; <a href=\"https:\/\/www.youtube.com\/channel\/UCBavaUxsZgYApUjtwikxSaA\">You-tube<\/a>&nbsp; |&nbsp; <a href=\"https:\/\/app.uniswap.org\/#\/swap?inputCurrency=0x26E43759551333e57F073bb0772F50329A957b30\">Uniswap<\/a>&nbsp; |&nbsp; <a href=\"https:\/\/coinmarketcap.com\/currencies\/degenvc\/\">Coimarketcap<\/a> |&nbsp; <a href=\"https:\/\/www.coingecko.com\/en\/coins\/degenvc\">Coingecko<\/a> |&nbsp; <a href=\"https:\/\/github.com\/degen-vc\">Github<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HARDCORE is a \u201cbeyond yield\u201d token. It uses token fees as rewards in entirely new ways. Winning exotic prizes to draw new degens to the model continuously.<\/p>\n","protected":false},"author":40,"featured_media":3387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3381"}],"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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=3381"}],"version-history":[{"count":6,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3381\/revisions"}],"predecessor-version":[{"id":3653,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3381\/revisions\/3653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/3387"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=3381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=3381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=3381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}