{"id":4399,"date":"2020-12-23T22:50:50","date_gmt":"2020-12-23T20:50:50","guid":{"rendered":"https:\/\/esatoshi.club\/?p=4399"},"modified":"2020-12-23T22:50:54","modified_gmt":"2020-12-23T20:50:54","slug":"sokudo-x-satoshi-club-ama-recap-from-16th-of-december","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/12\/23\/sokudo-x-satoshi-club-ama-recap-from-16th-of-december\/","title":{"rendered":"Sokudo x Satoshi Club AMA Recap from 16th of December"},"content":{"rendered":"\n

Welcome to a\nnew episode of our AMA series. Today we are\nglad to tell you about the AMA session with our friends from Sokudo<\/a>. The AMA took place\non December 16 and our guest was Ren Osaka<\/a>,\nproject manager at Sokudo.<\/p>\n\n\n\n

The total reward pool was 750$ 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

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Hello, Satoshi Club! We are happy to announce\nour AMA session with Sokudo! welcome to Satoshi Club. 😀<\/p>\n\n\n\n

Sokudo Admin:<\/strong> Hi\nsatoshi club members.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>So,\nplease, introduce yourself and Sokudo project to our community. 😄<\/p>\n\n\n\n

Sokudo Admin: <\/strong>Guy’s\nI am Ren Osaka, project manager at Sokudo, and I am happy to say that we are a\ndeflationary yield farming project.<\/p>\n\n\n\n

We have a suite of defi products to be launched shortly. We\nare currently working on two essential products that will have SKD ( sokudo\ntoken ) integration in it. <\/p>\n\n\n\n

Staking is live on our website sokudo.finance, and people\nget good rewards for staking their LP’s. We have a partnership with FERRUM\nNETWORK as we are using their staking service for NFT’s.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>A\nlot of things already done👍 do you have a big\nteam?<\/p>\n\n\n\n

Sokudo Admin: <\/strong>Yes,\nwe have a team of 15 members working with us, 2 NFT creators, 3 blockchain\ndevelopers, 2 web dev’s, 2 accounting members, 1 project manager (me) and 7\nfreelancers for the marketing of the project. That’s actually 17 members in\ntotal. As 2 marketing people we hired them just today.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>And\nnow time for the questions! And now time for the questions!<\/p>\n\n\n\n

Sokudo Admin: <\/strong>Sure,\nhappy to answer them.<\/p>\n\n\n\n

Q1 from Telegram\nusername @KevSalom<\/strong><\/p>\n\n\n\n

It\u2019s a little\nuncomfortable to want to find out about a project of interest and find almost\nno information on your site or your medium\u2019s blog. When will you create your\nwhitepaper and publish project data such as your mission, vision, team and so\non? This will undoubtedly increase your confidence in Sokudo.<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: We\nhave many things to cover in the whitepaper, and it shall be done by the end of\nthis week. and we will do it with the road map, as this is not a small project\nand we have so many things to include in the project roadmap and white paper,\nwe are working on our incubator site, sokudo.capital as we have already been\napproached by 7 startups here in japan with their defi and yield farming\nprojects. so sokudo will be the launchpad for these projects.<\/p>\n\n\n\n

Things are moving fast and we are working on the whitepaper\nwith all the details. so by sunday you can expect the whitepaper.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>And\nwhat about team? are planning to stay anonymous?<\/p>\n\n\n\n

Sokudo Admin<\/strong>: Yes\nteam will be anonymous for the betterment of the project.<\/p>\n\n\n\n

Q2 from Telegram\nusername @nadynas<\/strong><\/p>\n\n\n\n

You had 2 rounds of\nsale until now. How successful they were and do you plan to do more? Did you\nachieve any partnership with big investment or capital groups which sponsors\nthe startups?<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: Also\ni want to mention about the various versions of the whitepaper we will have, we\nhave english, french, spanish, japanese, vietnamese, polish, swedish, filipino,\nbrazilian & portugese, sokudo community groups who will help us to create\nwhitepaper in their native languages. These groups are already active and have\na good amount of members in them.<\/p>\n\n\n\n

So we had 2 round of pre-sales and the second one was pretty\nsuccessful and we secured a good amount of eth around 151 eth after paying to\ninfluencers, and promoters. we didn’t got partnered with any investment capital\ngroups. but we have a VC we are working with currently and we shall announce\nafter it’s confirmed. they like the tokenomics.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>It’s\ngood! Hope you will onboard them! One more announcement we are waiting from you.\n😄<\/p>\n\n\n\n

Q3 from Telegram\nusername @nellybarty<\/strong><\/p>\n\n\n\n

On your first page,\nthe APY is 260.36. On your about page, it’s 25800%. How comes there is such a\nbig difference? Where does it come from?<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: Apy\nis dynamic and it changes based on the no of staker in the pool and price of\nskd. when we initially launched the apy was more than 100k% as the price of SKD\nwas ranging between $300-400. Apy is dynamic and it will keep changing based on\nthose 2 factors which i have mentioned.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Hope,\nit will rise again soon. 😉<\/p>\n\n\n\n

Sokudo Admin<\/strong>: It\nwill as the supply is only 3k right now and every 2 weeks the reward reduces\nfrom 100 skd to 50skd and then to 25 and then to 12.5… like this. So the\nsupply will not increase more than 4k till the next few years.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>Thank\nyou for answer! next question is coming…<\/p>\n\n\n\n

Q4 from Telegram\nusername @Highpee<\/strong><\/p>\n\n\n\n

Based on the article\nyou published in your Medium, your project has two tokens, $SKD and $IKIOI,\nwith $SKD being your native token. It is clear how we can farm more $SKD token\nbut no much information as to what to stake to earn $IKIOI or what the APY will\nbe. What will the $IKIOI token be used for? And which of this tokens should we\nhold in order to be eligible to participate in governance?<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: We are preparing for the IKIOI (meaning in english =\nmomentum) token launch in the month of JAN 2021. the best way to get IKIOI is through\nthe pre-sale that we will conduct in JAN 2021. APY will be in the range of\n20-30k %. IKIOI will be used to farm NFT’s which you can sell on our NFT\nMARKETPLACE \u2013 NDEX.<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong>\nHow many tokens will be allocated for pre-sale?<\/p>\n\n\n\n

Sokudo Admin<\/strong>: As\nalways the early farmers who join IKIOI will get the NFT’s. 5k priced same like\nSKD around $55-75.<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>And\ntotal supply?<\/p>\n\n\n\n

Sokudo Admin<\/strong>: 5k\nwill be initial supply and total supply will be not more than 12k. 5k for\npre-sale and 5k for team vested for 1 year so we don’t get all tokens in one go.\nLike in sokudo we get only 27 tokens per day as a reward.<\/p>\n\n\n\n

If you don’t mind can i put some NFT’s that we created for\nsome of our promoters? just so that people can see the art of our NFT creators.<\/p>\n\n\n\n

Sokudo Admin<\/strong>: Thanks,\nyes we have inhouse developers and we have not used any token generator as this\nis a custom contract. you can have a look at the final report from the solidity\nteam here: https:\/\/solidity.finance\/audits\/Sokudo\/<\/a>\n<\/p>\n\n\n\n

Q8 from Telegram User @PyaraLarka<\/strong><\/p>\n\n\n\n

What is the minimum $SKD required to\nto stake SKD tokens?<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: No\nminimum tokens you can invest as much as you want.<\/p>\n\n\n\n

Q9 from Telegram User @cryptofollower<\/strong><\/p>\n\n\n\n

For users to invest to a project,\ntrust and security of project is really important. Can you tell me about them?<\/em><\/p>\n\n\n\n

Sokudo Admin<\/strong>: Yes we have done a lot things to instill the user trust, by locking the liquidity for next 6 years: https:\/\/twitter.com\/SokudoF\/status\/1337754271261937666<\/a>. <\/p>\n\n\n\n

Burnt 7k tokens https:\/\/twitter.com\/SokudoF\/status\/1337717723334250497<\/a> <\/p>\n\n\n\n

Compensating skd holders due to the initial launch hiccups\nwith daily $1k worth of USDT https:\/\/twitter.com\/SokudoF\/status\/1338270033105960961<\/a>\n<\/p>\n\n\n\n

\n

$SKD<\/a> – Sokudo Members – USDT Airdrop #2 Completed Just now…have a look in your wallets. We have airdropped to all holders holding atleast a minimum of 1 $SKD<\/a>.

Here is the proof-of-transaction: https:\/\/t.co\/DGTMWM8Xit<\/a><\/p>— Shiba (@shib3223) December 15, 2020<\/a><\/blockquote>