Mary | Satoshi Club: <\/strong>Hello\nSatoshi Club! We are happy to announce our AMA session with Triplex.Network!\nWelcome to Satoshi Club. 😀<\/p>\n\n\n\n Seed Master:<\/strong> Hi\nMary! I’m so happy to be here, heard a lot of good things about this community!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>The\nsame with us🎉 it’s always cool to have new projects as\nguests. How are you today?<\/p>\n\n\n\n Seed Master: <\/strong>I’m\ngreat! Me and all my guys on https:\/\/t.me\/triplex_network_token<\/a>\nare very excited! Our launch went great – and i’m sure this AMA will be even\nbetter!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>That’s\ngreat! Let’s start with your introduction and of course introduce\nTriplex.Network to our community.<\/p>\n\n\n\n Seed Master:<\/strong> So\nI’m Seed! I’m a dev for a lot of time now, had already few successful projects\nin the past – and now I have created our best project yet -TripleX.Network. A\nlot ask me why my name is seed.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Yes,\nwhy seed?<\/p>\n\n\n\n Seed Master: <\/strong>So\nnothing clever, I just love to eat (and sometimes smoke😉)\nall kind of plants. \ud83d\ude42<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>And\ntell us more about TripleX.Network concept.<\/p>\n\n\n\n Seed Master: <\/strong>With\npleasure dear Mary! So I know everyone love passive yield generation and how\ncould you not love it? But I love to take everything to the extreme! So while\nmost of the projects have just one way to make it happen – we have 3 WAYS TO\nPASSIVE INCOME! and the most amazing part? it’s all transactionless, you simply\nhold, no more websites with complex code, no more high gas. you simply hold.<\/p>\n\n\n\n Let me explain how we achieve the best passive income you\nguys heard of and please forgive me in advance – because i’m going to blow some\nminds.<\/p>\n\n\n\n First thing is<\/strong> Daily transactionless inflation! –<\/strong> Every\nday, the contract automatically increasing the balance of each holder without\nthe need for a single transaction. For the first week, the holders will get\nevery day 4% more of tokens. After that, for a month it will be 3% per day. After\nthat period – 1% every day, for a life time!<\/p>\n\n\n\n The second:<\/strong> Smart Yield Generation<\/strong> – On each\ntransaction, a 3% fee is distributed to all TripleX holder proportionate to\ntheir total holding. TripleX is generating you a passive income simply by\nholding your tokens. Which in some way, if you think about it – it’s the\nbiggest thing of RFI – but for us it’s just “one more way” to get\npassive yield generation.<\/p>\n\n\n\n The third: Smart\nBuyBacks<\/strong> – Every 15 minutes TripleX initiates a phenomenon, which\nrepresents a buyback using the entirety of the accumulated funds in the buyback\nwallet over this time period. all the TripleX tokens that have been purchased\nduring the buyback will be burnt forever, making every token more valuable.<\/p>\n\n\n\n Q1 from Telegram user\n@johana0012 <\/strong><\/p>\n\n\n\n What does\nTripleX.Network really offer? Could you explain to me what the FLOW merger\nconsists of, and why combine it with RFI and an intelligent Buy Back function?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Great\nquestion Johana! TripleX offers you a better way to passive yield generation. But\nwhat is it REALLY offers you? Stability! In this crazy world – where the feds\njust keep printing money, and the $ loss it’s value every single day – we want\nto give you something safe. You know you get a daily interest. not some 0.5% of\nROI when you hodl in your bank. but a REAL ROI!<\/p>\n\n\n\n Now let me answer about the flow and rfi and of course about\nthe buybacks! The flow merge gives you something that resembles stakeless farming.\nYou can increase your position without locking your tokens away – they are all\nunder your control at all times. And all this is achieved transactionslessly\nand with minimal fees, we especially worked hard on minimizing the fees by\nemploying techniques like efficient exponentiation, efficient fixed point\narithmetic and more and you can take a look at the results yourself!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>How\nyou will minimise fees?<\/p>\n\n\n\n Seed Master: <\/strong>As I\nmentioned – there’s some math involved, but you could read some more about\nexponentiation by squaring for example. We are also using delayed fee\ncollection to make sure the fee is distributed much more evenly.Another factor we leveraged is\nefficient fixed point math – in case you are not familiar with solidity – there\nare no default floating point operations. We have done a lot of research and\nused some optimized and known methods for that.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Do\nyou have any articles about this?<\/p>\n\n\n\n Seed Master: <\/strong>Yes of\ncourse! you can read it on our medium article: Medium: https:\/\/bit.ly\/3qldRRW<\/a><\/p>\n\n\n\n We will post some more technical resources in the group and\non medium later. I already told you I love green and plants right? <\/p>\n\n\n\n But seeing so much green is even\nmaking me happy!<\/p>\n\n\n\n Q2 from Telegram user @yellowchamp<\/strong><\/p>\n\n\n\n According\nto your platform, in presale in Triplex would be 60ETH Softcap 96ETH Hardcap No\nwhales on whitelist. You can buy 1ETH or 2ETH only 30 Spots for 2 ETH and 30\nSpots for 1ETH. Only 60 participants on the whitelist 17,500 TripleX tokens. So\nwith this scenario, the holders of your token would be only 60 for pre-sale?\nWhat if not all tokens will be sold, what happen to unsold tokens? Why does the\nminimum of buying in Presale is 1ETH so high as we know 1eth today is already\n1300$-1400$ already, do you think investors would buy it? Why not decide to\nlower the minimum so that small potential investors can afford it? Presale info\nin your website is not so clear, can you tell us more about it? Thank you.<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Let’s travel to future, imagine all the tokens being\nsold in 10 minutes and whitelist filled under 10 seconds, Sounds like a dream?<\/p>\n\n\n\n Well – as Trump says, sometimes\ndreams became reality! Because our pre-sale is already over we sold all the\ntokens in 10 minutes\u2019 whitelist was filled in 10 seconds and now we see mostly\ngreen candels so I guess trump was right guys sometimes dreams do come true.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>You are a big crypto idealist, who has\neverything mathematically confirmed😊.<\/p>\n\n\n\n Seed Master: <\/strong>Yep! I have a passion for maths and the distributed\nnature of the blockchain \ud83d\ude42<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>But\nas @yellowchamp<\/a> told you didn’t give\nchances for smaller investors? Why?<\/p>\n\n\n\n Seed Master: <\/strong>That’s\na great question. We needed a strong fundamental. We wanted to make it\ninclusive. A lot of people getting mad on Rolex – why so much funds needed to\nbuy it? when you can buy a watch in 10$? That’s right! but it’s not rolex. We\nwanted to combine capitalism together with communism. We gave opportunities for\nbig guys on pre-sale (And I don’t really think 1ETH is considered a big guy) –\nand opportunity for everyone else on listing, you know the saying – if you\ncan’t beat them, join them? We are here to help the little guy you didn’t have\nthe funds to participate with 1ETH pre-sale? with TripleX.Network – you will\nsoon have more than enough to be able to participate in the next big pre-sale, with\nour daily interest – you will hopefully become a whale yourself one day.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Btw,\ncan you give me at least one example of a project with such high ROI which\ndidn’t dump in some months? 😀<\/p>\n\n\n\n Seed Master: <\/strong>Of\ncourse! Take a look at flow. They didn’t have any major dump until they reached\nmore than 1k holders, we are in a position when we have only 200 holders now. So\nit’s reasonable to think that the future “dump” is at least 2x from\nnow considering we are only around 200 holders now.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Flow?\nYou mean Flow protocol?<\/p>\n\n\n\n Seed Master: <\/strong>Exactly,\nthe problem which led them to dump is there was no buying pressure that’s why\nwe made sure to have buybacks every 15 minutes, so even if more people sell and\n“the price is dumping” you get more tokens out of each fee Both\ntokens and buybacks. People buy? People sell? Either way you make somehow money.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>I\nfound this chart for Flow Protocol 🧐🤷<\/p>\n\n\n\n Seed Master: <\/strong>Exactly! the dump started after 1k holders and don’t\nforget it’s a direct listing, they didn’t have strong fundamentals that’s why\nwe raised 60ETH to have a strong baseline that’s also the reason why we reduce\nit to 1% to eliminate the dump.<\/p>\n\n\n\n Q3 from Telegram user @Korryl<\/strong><\/p>\n\n\n\n I understand that you choose being anon team because of privacy and\ndecentralization reason, but some people might be afraid to invest on your\nproject, do you have plan in the future to introduce about your team? How do\nyou convince us new investor that TripelX Network is a trusted and safe\nproject?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Here’s another graph to look at.<\/p>\n\n\n\n And I’ll let you check the market\ncap on your own and we combine the best of both of them.<\/p>\n\n\n\n Let’s answer the question, yes we\nare anon. But you don’t need to trust us. As a matter of fact, You can’t<\/strong> trust us! ONLY TRUST THE CODE <\/strong>and the code is simple to understand that’s\nwhy we also made comments to better explain everything.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Was this code audited?<\/p>\n\n\n\n Seed Master: <\/strong>Not yet – but we definitely want to audit it soon. We\nare planning to Audit it With Solid Or Certik. We are already in advanced talks\nwith Solid – you can confirm it with him of course!<\/p>\n\n\n\n Q4 from Telegram user @JesusFre1tes<\/strong><\/p>\n\n\n\n About Smart Performance Generation, what is the fee that is distributed\nto all TripleX holders on each transaction to be proportional to the total\nshare? Does TripleX generate passive income by simply keeping my tokens? This\nintelligent performance, what technology do you use to make it efficient and\nsuperior to any other protocol?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>3% are distributed to all holders based on their\ncurrent holdings. As we mentioned – YES! TripleX generates passive yield by\nsimply holding based on the 3 methods we elaborated on above. How we make it\nsuperior? it’s the great question! it’s all about tech.<\/p>\n\n\n\n By carefully learning from\nacademic resources and other projects! As we mentioned – we are using some\nclever math techniques to reduce the number of loop iterations (one of the\nmajor gas huggers in solidity and ethereum), we split the fees without a single\ntransaction(!) And more. We could elaborate on that alone for an hour :). Happy\nto if the community is interested, but again – more detailed info will be\nposted in our group. But in simple words – we managed to reduce the loops and\ninstead of paying the fees to the miners we paying them to you. While in other\nprojects you pay to the miners – here you pay to the people!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Is it already working? I mean, if i will buy\ntoday, will i get my profit tomorrow? 😀<\/p>\n\n\n\n Seed Master: <\/strong>Not\ntomorrow, but TODAY! that’s the beauty and dear Mary – I told you dreams can\nbecome true and they are already true 😁. The code\nhas been LIVE and in production for the past week! While a lot of projects talk\nabout “road maps” and “future plans” we talk business, we\nalready delivered. We are not telling some “in the future tales” –\nour power is the truth and the current project and of course some seeds \ud83d\ude42<\/p>\n\n\n\n Q5 from\nTelegram user @cengizhantekin<\/strong><\/p>\n\n\n\n You do\ndaily transactionless inflation with ratios of 4%, 3% and 1% ultimately. By\ndoing this, the total number of tokens will double in the first 21 days and\nwill keep doubling each 70 days. I understand that you will get this amount\nfrom the transactions but what if the transactions do not suffice to that\ninflation? What will the source for holders rewards be?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>The\ninflation comes not from the transaction but from our smart contract so even\nwith 0 transacations – you will have this rewards! The transactions? are a\nbonus! While we have new blocks – the rewards will keep coming. But more volume\nwill result in the fee of the RFI + BUYBACKS but the flow rewards are\nregardless to the volume and that’s the beauty.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>But\nthe will be smaller? <\/p>\n\n\n\n Seed Master: <\/strong>The\nspecific rewards you mentioned – are completely transactionless! You will gain\nthem even if no transaction has happened for a year.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Let’s\nimagine, that i was one of those happy members that bought for 1ETH on your\nsale. I didn’t sell nothing, didn’t move my coins during today, how much should\ni get during one day?<\/p>\n\n\n\n Seed Master: <\/strong>It’s\na nice question Mary! And I\u2019m glad you ask only about 1 day! Because if you\nhold tripleX for a month you will probably won’t talk with me because you would\nalready be sailing on your yacht 😂.<\/p>\n\n\n\n First of all<\/p>\n\n\n\n * 4% each day <\/p>\n\n\n\n * 3% on each transaction<\/p>\n\n\n\n * buybacks increasing price<\/p>\n\n\n\n So it’s hard to answer on one day, but the min is 4% and\nit’s if the volume is 0 the more real is at least 6% + price change. So it can\neasily be more than 50% let’s look at the graph.<\/p>\n\n\n\n Less than 1 day, but you will forgive me.<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>I\nwinder, how much do you pay gas fees daily to distribute rewards?<\/p>\n\n\n\n Seed Master: <\/strong>There\na few parts to this answer, and Ill get to some cold hard numbers for a second.\nA buy is around 200k gas, which consists of 80%+ of uniswap’s fees – not ours! A\nsell has an amortized cost of around 250k gas, and is usually the heaviest\noperation for tokens. So basically – the fee for selling the token at current\ngas price is around 5 USD, and the fee for splitting all the rewards is ZERO.<\/p>\n\n\n\n That’s right! The answer is 0! as I said – we take the money\nfrom the miners – and give them back to you good thing we are anon, otherwise\nsome miners would hunt us down. 😂<\/p>\n\n\n\n Q6 from Telegram user\n@Wormz28<\/strong><\/p>\n\n\n\n Can you tell us some\nof the latest achievements made by the TripleX Network project? Can you also\ndescribe in details the development efforts you are currently working on like\nmarket expansion plans, expected applications, if there\u2019s any & new\nupcoming program or events, etc.?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>We\nhave a lot of new things coming – Firstly, the audit. We always want to make\nsure the community feels safe investing!<\/p>\n\n\n\n Secondly – coingecko listing – we have already applied and\nwaiting for the next phase.<\/p>\n\n\n\n Third – more AMAs and spreading the word! We are working\nhard on spreading the word on our community.<\/p>\n\n\n\n And lastly – we have a project that is going to synergize\nextremely well with tripleX, but it is still under development.<\/p>\n\n\n\n So a lot of new arbitrage oppurtunities are about to come! And\nwe tell it here in the first time! <\/p>\n\n\n\n Mary | Satoshi Club:<\/strong>\nHint? We love hints.<\/p>\n\n\n\n Seed Master: <\/strong>We\nwill have new things to integrate with TripleX (In the future). Making the ROI\neven higer and not depending on just one Token making it more resistable. It’s\nlike investing on two different stocks don’t put all your seeds in one basket. 😊<\/p>\n\n\n\n PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n The\nchat was open for 120 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guests chose some of them. <\/p>\n\n\n\n Q1 from Telegram User @babicanB<\/strong><\/p>\n\n\n\n Are communities\nimportant to the TripleX Network? Do you plan to create a larger community and\ndirect your project with their views?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Of course! our community is the center of our\nstrength!<\/p>\n\n\n\n Q2 from Telegram User @K2ice<\/strong><\/p>\n\n\n\n How is it possible for\na user to be rewarded even with 0 transactions?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Nice question! The reward calculation is lazily\nevaluated! When you ask for your balance, all rewards are calculated\nretroactively in an optimized process.<\/p>\n\n\n\n Q3 from Telegram User @leixagarcia<\/strong><\/p>\n\n\n\n I couldn’t see the\nTripleX roadmap on your website, but could you share what phase of your roadmap\nyou are currently in? And what are TripleX’s main goals for this 2021?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>We answered that to Mary, it’s the last question.<\/p>\n\n\n\n Q4 from Telegram User @JuanSB07<\/strong><\/p>\n\n\n\n If during the first\nweek users received 4%, then 3% in a month and finally 1% throughout their\nlife, wouldn’t that be very high percentages? There is no chance that\nTripleX.network will become a scam? How can TripleX.network offer high\npercentages?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Exactly like FLOW did. But we added the transaction on\nevery buy to the buyback wallet. making constant buyback pressure. In addition\n– the tokens the buyback wallet buys are burnt forever, decreasing the amount\nof tokens.<\/p>\n\n\n\n Q5 from Telegram User @Gutike95<\/strong><\/p>\n\n\n\n Each project has a\nsmart contract, but no other a “smart token” like TripleX, but what\ndoes he really mean? What makes a simple token “smart”?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Well I believe the main thing that makes a token\nsmart, is the intelligence of the people who built it, and how much academic\nknowledge and experience were invested in it. I can assure you – trying to\nachieve what we achieved, mainly the low gas, requires a big chunk of\nexperience and time :). Smart people create smart tokens.<\/p>\n\n\n\n Q6 from Telegram User @curiosoAMA<\/strong><\/p>\n\n\n\n I will win 3 times more\nby investing in TripleX than with any other token?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>With the help of the community, yes you will! All we\ncan guarantee is that invested a lot of time and effort, and produced three\nprovably efficient ways to generate yield!<\/p>\n\n\n\n Q7 from Telegram User @eeaq15<\/strong><\/p>\n\n\n\n On many occasions the\ncommissions for Uniswap are exaggeratedly high, what is Triplex’s response to\nthis problem?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>We managed to reduce the number of loops, taking the\nmoney from the miners to the people. the gas on our token is low because we\nused math to lower the number of loops.<\/p>\n\n\n\n Q8 from Telegram User @tuvalunia<\/strong><\/p>\n\n\n\n Your presale is already\nover. What is your next important step on the way of a great 2021?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>The next major steps are the big listings – coingecko\nand hopefully CMC, and the launch of our new secret token that will have a\npositive feedback loop with X3!<\/p>\n\n\n\n Q9 from Telegram User @curiosoAMA<\/strong><\/p>\n\n\n\n I will win 3 times more\nby investing in TripleX than with any other token?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>And hopefully even more! It depends on us but also on\nthe community! so join @triplex_network_token and make sure to invite all of\nyour friends!<\/p>\n\n\n\n Q10 from Telegram User @Joseunda<\/strong><\/p>\n\n\n\n The total supply is\n17,500 very low supply, what is the reason for having this amount of supply?<\/em><\/p>\n\n\n\n Seed Master: <\/strong>Less supply making each token more valuable. It’s the\noptimal point between supply and demand. We did some surveys and this is also\npretty close to what many in the community were looking for.<\/p>\n\n\n\n PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about Triplex.Network. A\nlink to a Quiz form was sent into the chat. Participants had 10 minutes to\nanswer. 300$ were distributed between the winners. <\/p>\n\n\n\n For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n English Telegram\ngroup: https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n Russian Telegram\ngroup: https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n Spanish Telegram\ngroup: https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n Telegram Channel:\nhttps:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n Website: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n Twitter:\nhttps:\/\/twitter.com\/esatoshiclub<\/a> <\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/TX-1024x534.jpg\")
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