Mary\n| Satoshi Club:<\/strong> Hello Satoshi Club! We are happy to\nannounce our AMA session with O3 Labs! Welcome to Satoshi Club😀<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> today our guest – @TimO3WALLET !<\/p>\n\n\n\n welcome to Satoshi\nclub!<\/p>\n\n\n\n Tim\n| O3:<\/strong> Hi, thanks for having me~<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> thank you for joining us! how are you\ndoing? 😊<\/p>\n\n\n\n Tim\n| O3:<\/strong> nice to meet you guys here:)<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Welcome here 😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> I’m doing well:)<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Let’s start our AMA 😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> I’m ready \ud83d\ude42<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Tim, could you please introduce\nyourself and tell us more about O3 Labs😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> Okay, This is \nTim from O3 Labs. I am responsible to the O3 Swap design with all our\noutstanding teammate. Before joining the O3 Labs, I completed my master degree\nin Netherlands and has been a project manager in a consultant company based in\nHong Kong. Glad to e-meet you guys here\nand share our product with you.<\/p>\n\n\n\n Let me introduce O3\nLabs<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Sure!<\/p>\n\n\n\n Tim\n| O3:<\/strong> O3 Labs was established in Tokyo in 2017 and is one\nof the early crypto wallet development teams in the world. At present, our team\nmembers are from nearly every continent. O3 Labs has been focusing on providing\nprofessional crypto asset management tools and services. Currently, we have\nprovided wallet services for 100,000+ users in over 40 countries worldwide,\nwith an O3 community of over 20,000 people in Japan, Europe, USA, Russia, Korea\nand China.<\/p>\n\n\n\n done<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Wow, a lot of achievements! Actually, i\nstill don’t have your wallet, but i tried your swap today😀<\/p>\n\n\n\n As i know you’re\ntesting it, with some limits for swap😉<\/p>\n\n\n\n Tim\n| O3:<\/strong> yap \ud83d\ude42 we are releasing the testing version for\nnow, https:\/\/o3swap.com\/<\/p>\n\n\n\n and will release the\ntesting activity detail soon<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> but people already can swap a small\namount there?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> I like it, hope after testing we will\nbe able to use all it’s features!<\/p>\n\n\n\n Tim\n| O3:<\/strong> yes, just simply connect with your Metamask<\/p>\n\n\n\n we currently support\nfour chains swap, ETH, BSC, HECO, and NEO<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> [ 👍 Sticker ]<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> I don’t remember if i saw a swap which\nsupports so many chains at the same time! Hope to see launch soon!<\/p>\n\n\n\n But to be honest I\ndidn’t risk to exchange something using Ethereum network today😂<\/p>\n\n\n\n Thank you, Tim!<\/p>\n\n\n\n Tim\n| O3:<\/strong>although the full function is not available yet, we\nalready hold some activities, you can see this for airdrop opportunity.\nhttps:\/\/twitter.com\/O3_Labs\/status\/1381233292599459842?s=20<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Prizes will be in your O3 tokens?😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> we are also going to release more campaigns to get\nthe rewards \ud83d\ude09<\/p>\n\n\n\n yes, O3 token will be\nlaunch in May:)<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> uhhh very soon 😇<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Wow, it’s near! We will definitely\nparticipate in your activities!<\/p>\n\n\n\n We will follow your\nupdates, but please, don’t forget to share with us 😀<\/p>\n\n\n\n It was a great intro,\nTim! Do you want to go to the questions from our community 😉 or you\nwant to add something?<\/p>\n\n\n\n Tim\n| O3:<\/strong> for sure, we will release another activity this\nweek for product testing:)<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> We are yours😂<\/p>\n\n\n\n Tim\n| O3:<\/strong> you can follow our Twitter for the latest product\nnews👀https:\/\/twitter.com\/O3_Labs<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> done ✅<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Done! Satoshiclubbers, join🚀<\/p>\n\n\n\n Tim\n| O3:<\/strong> and join our community 😂https:\/\/t.me\/O3LabsOfficial<\/p>\n\n\n\n welcome to everyone!<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> thank\nyou for the great intro! and now we are opening the first part of AMA! 🥳🚀<\/p>\n\n\n\n Q1 from Telegram user\n@victorogb <\/em><\/strong><\/p>\n\n\n\n O3\nSwap, the proprietary cross-chain aggregator of O3 labs is built using a\nfour-layer structure to ensure the integrity and symmetry of the information in\nthe liquid market. Can you carefully outline these four distinct layer\nstructures, how do they effectively combine to give investors a safe and\nefficient trading environment and how does the system aggregate in real-time\nthe best trading rates and data for investors and users alike?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> okay I will answer this question for two parts<\/p>\n\n\n\n part1: we use 4 layers\nin our swap structure<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> As i see you are planning to add\nPolkadot also😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> 1. Network Layer: As the basis of the O3 Swap\ncross-chain protocol, we will aggregate high-quality public chains and ecological\nchain systems in the market. This includes Ethereum, Binance Smart Chain, Neo,\nHuobi ECO Chain so far, and creditworthy layer 2 projects, to provide cross-chain trading.<\/p>\n\n\n\n 2. Market Liquidity:\nThe aggregation of different liquidity sources through O3 Swap, allows the\nplatform to identify and recommend the best exchange quote for users.<\/p>\n\n\n\n 3. Settlement Layer:\nBased on the private key signature authorization, the transaction settlement is\ncompleted through the smart contract. Additionally, cross-chain protocols and cross-chain pools\nwill help users complete cross-chain asset exchanges and settlements.<\/p>\n\n\n\n 4. Application Layer:\nProvide developers with a complete service API to integrate into different\napplications, and providing users with a convenient and user-friendly operating\nplatform.<\/p>\n\n\n\n the intro of the 4\nlayers<\/p>\n\n\n\n Part2: O3 Aggregators\nare deployed on mainstream blockchains and help users find the most effective\ntrading rates and routes in the corresponding network. The aggregation of\ndifferent liquidity sources through O3 Swap, allows the platform to identify\nand recommend the best exchange quote for users.<\/p>\n\n\n\n That is why we can\nprovide the best trading price and route for users:)<\/p>\n\n\n\n done<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> I used a lot of aggregators and want to\ntell, that prices differ on each of them😀 hope you will find the best\nfor us!<\/p>\n\n\n\n Also, i want to ask<\/p>\n\n\n\n \\<\/strong>Quote\nincludes 0.3% O3Swap fee – is this fee for testing phase or it will stay the\nsame after launch?<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> and each crypto aggregator says that\nthey have the best prices on market 👀😄😉<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> 😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> 0.3% trading fee is used to buy back the O3 in open\nmarket and redistribute to the O3 staker and dev team to maintain the system:)<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Got it!<\/p>\n\n\n\n Thank you for your answers! Ready to proceed?<\/p>\n\n\n\n Tim\n| O3:<\/strong> ya let’s move on<\/p>\n\n\n\n Q2 from Telegram user\n@cryptofollower <\/em><\/strong><\/p>\n\n\n\n O3\nLabs was established in Tokyo in 2017. From that time it has been 4 years. And\nwhen I check you roadmap you have come from a long way but defi is evolving\nvery fast too. O3 native token is not released yet, do you think O3 is a little\nbit slow to catch that speed? What milestones have you been through till this\ntime and when will you launch the exchange with fully functioning?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> There are three milestones in the development\nhistory of O3 Labs. First, the release of the Neo light wallet \u2014 O3 wallet in\nTokyo in 2017 and supported Ontology lately. Second, the support of fiat\ncurrencies (USD, Euro) and credit cards to purchase cryptocurrencies (including\nBTC, NEO, ETH). Last but not least, as a multi-asset wallet to support\nmainstream assets, such as Bitcoin, Ethereum, Neo, Ontology, Polkadot, Binance\nSmart Chain, and Huobi ECO Chain, and integrate dAPI of high-quality DeFi\nprojects such as Flamingo, Uniswap, Compound, 1inch, DODO<\/p>\n\n\n\n for the full function\nof O3 Swap. At present, our official website is online and supports product\ntesting. Litepaper V1 is also online. More detailed product information can be\nfound in this link https:\/\/docs.o3swap. com\/.<\/p>\n\n\n\n The Beta version of\ncross-chain transactions will also be launched at the end of this month. First,\nit will support cross-chain exchange of assets on Neo, Ethereum, BSC, and Heco.\nIn the next step, the O3 token and economic model will be released, and\ntransaction mining and other community incentives will be initiated. In Q4 this\nyear, we plan to complete the deployment of Layer2 network.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> As i see you support fiat😀 do\nyour users need to complete KYC verification to use fiat payments?<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> i see O3 Swap not allows me to add\nliquidity on your site, at the current moment, when this function will be\navailable, and what will be the benefits for liquidity providers?<\/p>\n\n\n\n Tim\n| O3:<\/strong> no, we cooperate with Moonpay. so everyone has\ntheir account can buy directly within wallet<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> 👍<\/p>\n\n\n\n Tim\n| O3:<\/strong> This function will launch at the end of April. LP\nprovider can stake their LP to earn O3 rewards:)<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> nice! i like it 😊<\/p>\n\n\n\n Tim\n| O3:<\/strong> let’s move on:)<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> let’s do this! thank you for the\nanswers!<\/p>\n\n\n\n Q3\nfrom Telegram user @h1drX <\/em><\/strong><\/p>\n\n\n\n In\nFebruary 2020, the iOS client was removed from the App Store due to a trademark\ndispute with a non-blockchain-related company. We know how troublesome Apple\ncan be, but is this measure permanent? Can\u2019t IOS users download O3 Labs Wallet?\nCan you tell us exactly what the problem was?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> O3 wallet has undergone rebranding and version\nupgrades in September of last year. In addition to the redesign of the user\ninterface, the product architecture and experience have been optimized, network\nspeed has been improved, and the wallet multi-languages have been added,\nincluding Chinese, Japanese, and Korean. You can download the latest version\nhere https:\/\/o3.network\/#download<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Will you add more languages?<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> 👍<\/p>\n\n\n\n Tim\n| O3:<\/strong> For the Apple Store issue, because of the law\nrestriction from different regions, some user can not access it from Apple\nstore. but you can also access it through Testflight. In addition, we also\nsupport many OS: Wendows, Mac, ios, Android<\/p>\n\n\n\n well it depends on our\nusers:)<\/p>\n\n\n\n I think we will do that\nin the future<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> i want to ask about security, can user\neasily extract his\/her private key from your wallet and then use it after in\nany different non-custodial crypto wallet?<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> So, it should be available for everyone\nand i like it!<\/p>\n\n\n\n Tim\n| O3:<\/strong> this is for sure. we are 100% decentralized wallet\nand didn’t store any user’s data. That’s what I can promise<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> great! thank you, this is very\nimportant 👍<\/p>\n\n\n\n and thanks for the\nanswers! ready for the next question?<\/p>\n\n\n\n Tim\n| O3:<\/strong> yes:0<\/p>\n\n\n\n Q4 from Telegram user\n@mctrho<\/em><\/strong><\/p>\n\n\n\n Today\neveryone who works with cryptocurrencies needs at least one digital wallet, but\nthe first options we think of are TrustWallet, Metamask, TronLink, etc. What\nfeatures does O3 Wallet have that can compete with the most popular wallets\ntoday? Why should people use O3 Wallet?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> We have several features:<\/p>\n\n\n\n First of all, O3 Wallet\nis an open-source decentralized wallet. Users\u2019 assets are always under their\ncontrol. that’s what I mentioned above.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> It’s important for us!😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> Secondly, O3 Wallet is based on high-quality basic\nchains to create a simple and exquisite wallet service. We currently support\nEther, Btc, Neo, Dot, Neo, Ont, BSC, Heco.<\/p>\n\n\n\n Third, O3 always\nfocuses on the user\u2019s needs. We provide the service to purchase\ncryptocurrencies by fiat currency and credit card. We also provide swap\nfunctions and high-quality DeFi services on Ethereum, BSC, Heco, and Neo, so\nusers can manage their encrypted assets without leaving O3 Wallet. Last but not\nleast, we always protect user privacy, which means users 100% own their data\nwithout any login or registration.<\/p>\n\n\n\n done<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> will you aim to support staking\nfunction in the wallet for different crypto assets? as it possible on some\ncentralized exchanges<\/p>\n\n\n\n Tim\n| O3:<\/strong> yes, but for now we are focus on our own staking\nfunction:)<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> 😊👍 got it!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Great plans! What assets will be\navailable for staking first?😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> we will support the O3 staking first in wallet<\/p>\n\n\n\n but user can also\nexplore different asset trough discover page<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Excellent!<\/p>\n\n\n\n Thank you!<\/p>\n\n\n\n Do you want to add\nsomething or we can go to the next question?😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> Sorry for interrupt, I have a meeting in 30 mins so maybe we need to move on quickly 😅<\/p>\n\n\n\n yes<\/p>\n\n\n\n Q5 from Telegram user\n@neverencryp <\/em><\/strong><\/p>\n\n\n\n There\nis something you called ontology staking on your platform, i will like to know\nwhy it is called ontology staking. Is it like the normal staking that we\nreceive APY on and what are the APY you plan to gives of if they are the same.<\/strong><\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Sure!<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> let’s speed it up then 🚀🚀🚀<\/p>\n\n\n\n Tim\n| O3:<\/strong> Ontology is the chain we have support in the\nwallet. But we have already closed this service since November 2020. this year, we launch the new product O3 Swap.\nIt is cross-chain aggregation protocol, support trade mining and single token\nstake to our cross-chain pool and earn the O3 rewards. you will see the APY when O3 token launch 👀<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> awesome!<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Can’t wait to see that APY👍<\/p>\n\n\n\n Q6 from Telegram user\n@sofiaisla <\/em><\/strong><\/p>\n\n\n\n Many\nusers are routinely hacked. There are currently many scams and thefts in the\nworld of cryptocurrencies. Could you tell us what security solutions O3 Labs\nhas to keep the privacy and assets of its users protected and secured? Does O3\nLabs have KYC to prevent money laundering? How is O3 Labs able to offer\nsecurity?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Security is our priority. we have 3 features to\nensure the asset security<\/p>\n\n\n\n 1\uff0c100%\nNon-custodial wallet<\/p>\n\n\n\n In O3 Wallet, assets are stored on the\nblockchain. Your assets never leave your control, only you have your private\nkeys. The wallet is just a tool to help you manage the assets on different\nchains. You don\u2019t need to worry about wallet providers running away, because as\nlong as you keep your private keys, your assets are still on the chain.\nTherefore, in our experience, most private key loss incidents are caused by the\nuser not keeping it well, rather than attacked by hackers.<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> 👍<\/p>\n\n\n\n Tim\n| O3:<\/strong> 2, Never store your personal information<\/p>\n\n\n\n To ensure assets\nsecure, O3 Wallet never saves your personal information on our server. so every\nuser is anonymous. You can create many wallets if you want or import with your\nprivate keys, encrypted keys + password, or Mnemonic which only you know. In this\nway, it is difficult for hackers to get your information or attack you. On the\nother hand, we can not help you to recover the keys and password if you lose\nthem. So please make sure you always back up your private key\/ Mnemonic\ncorrectly.<\/p>\n\n\n\n 3\uff0cPhone\nsecurity<\/p>\n\n\n\n We allow users to login\nwith Face ID, Touch ID, or wallet password to ensure phone-layer security. We\ntruly believe our professional Dev team which is extremely rigorous and strict\nworking on resisting hackers; Not only that, we implemented the most advanced\ncode security audits for better ensuring the safety of user assets.<\/p>\n\n\n\n Tim\n| O3:<\/strong> done:)<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> this is high level of security👌<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Thank you for your answers, Tim! I see\nthat you really care about security!<\/p>\n\n\n\n And live part is near!<\/p>\n\n\n\n Ready for it?😀<\/p>\n\n\n\n Tim\n| O3:<\/strong> I will choose 10 of them right<\/p>\n\n\n\n D.\n| Satoshi Club:<\/strong> yes<\/p>\n\n\n\n Tim\n| O3:<\/strong> let’s go~<\/p>\n\n\n\n Mary\n| Satoshi Club:<\/strong> Let’s go 🚀<\/p>\n\n\n\n Q1\nfrom telegram username @alextsiling <\/em><\/strong><\/p>\n\n\n\n what\nmake o3 token a good investment!<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> I will address three core usage of o3 token what i\nthink it will make it valuable for investors. \n<\/p>\n\n\n\n 1.Member rights:Stake\nO3 to obtain interest and transaction discounts allocated by the O3 Swap\ntreasury.<\/p>\n\n\n\n 2.Community governance:\nUsers can participate in community governance by staking O3 to initiate\nproposals, participate in voting, etc. <\/p>\n\n\n\n 3.LP staking: Users can\nuse O3 to synthesize liquidity equity proof (LP), which can be used for\nunlocking and mining.<\/p>\n\n\n\n Q2 from telegram username @surendra040<\/em><\/strong><\/p>\n\n\n\n Does\nO3 wallet supports other chains like Thundercore ,Solana or all chains like\nTrust wallet supports?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Q2. good question, we are going to support Solana\nnext.https:\/\/twitter.com\/O3_Labs\/status\/1381626661985259521<\/p>\n\n\n\n Q3 from telegram username @topind7<\/em><\/strong><\/p>\n\n\n\n Do\nyou have a newsletter list I can join to stay in touch with O3 Labs and also\nget latest information and updates?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Scroll down the page you will see the newsletter\nsubscription https:\/\/o3swap.com\/<\/p>\n\n\n\n Q4 from telegram username @centoscu<\/em><\/strong><\/p>\n\n\n\n I’m\nlooking for tokens to invest and hold. Even stake them. Could you please\nexplain the benefits of O3 token and why should I hold it for long term?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Q4. O3 holders will be able to participate in\ncommunity governance, trading discounts and other member rights by staking O3.\nAccording to the amount of staking, the staker can get a certain percentage of\nthe staking reward, which comes from O3 Swap Treasury. All revenue from the O3\nSwap platform will be used to buy back O3 on public exchanges and be deposited\nin O3 Swap Treasury for redistribution. This mechanism will impact in O3 token\nvalue<\/p>\n\n\n\n Q5 from telegram username Insomnious<\/em><\/strong><\/p>\n\n\n\n How\ndo you plan to onboard the initial liquidity needed for your pools and what benefits\nif user want to be liquidator or provide liquidity 03 labs?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Q5 we are going to rewards the LP provider with O3.\nAlso an extra bonus from trade mining<\/p>\n\n\n\n Q6 from telegram username @tatarrama<\/em><\/strong><\/p>\n\n\n\n A\npartnership is required for adoption, so can you tell us about your partners\nand your perspective on partnerships?<\/strong><\/p>\n\n\n\n Tim\n| O3:<\/strong> Q6. We are\ngracious and humbled by the support of these highly reputable and prestigious\nblockchain ventures:) https:\/\/twitter.com\/O3_Labs\/status\/1382674091769962501<\/strong><\/p>\n\n\n\n Q7 from telegram username @budykarebet<\/em><\/strong><\/p>\n\n\n\n What\nis the strategy used by Your Project to attract new users and investors and keep\nthem in the long term?<\/strong><\/p>\n\n\n\n![\"\"](\"https:\/\/esatoshi.club\/wp-content\/uploads\/layer@2x-1024x638.png\")
<\/figure>\n\n\n\nPart\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n