{"id":8334,"date":"2021-04-22T12:50:32","date_gmt":"2021-04-22T09:50:32","guid":{"rendered":"https:\/\/esatoshi.club\/?p=8334"},"modified":"2021-04-22T13:47:13","modified_gmt":"2021-04-22T10:47:13","slug":"ama-satoshi-club-x-bscstarter-april-21st-2","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/04\/22\/ama-satoshi-club-x-bscstarter-april-21st-2\/","title":{"rendered":"AMA Satoshi Club x BSCstarter, April 21st"},"content":{"rendered":"\n<p>We were delighted to welcome our guest from Showcase. The AMA took place on April 16th, 2021 and our guest was @Koven_Leader.<\/p>\n\n\n\n<p>The total reward pool was 500$ and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part 1 \u2014\nintroduction&nbsp;and&nbsp;questions from the\nTelegram&amp;Bitcointalk&nbsp;community<\/strong><\/h2>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>I\u2019m happy to! My name is Koven. I have been\nworking in PR and communications for some years now. I was a minor investor in\ncrypto and was asked to join a project almost a year ago and began getting more\ninvolved on the development and marketing side. Using my years of experience in\nPR I was able to help with the branding, organization and marketing of a few\nprojects.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>Crypto marketing is very\nimportant&#x1f44d;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Thank you! Our team is comprised of a front\nend and back end developer, a business manager and several creatives in the\ncrypto space who together make up our marketing team. Together they hail almost\n15 years of experience in the crypto world and even more in regular business\nManagement.<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Let\u2019s see these questions from the\ncommunity.<\/p>\n\n\n\n<p><strong><em>Q1 from Telegram User <\/em><\/strong><\/p>\n\n\n\n<p><em>@Korryl<\/em><\/p>\n\n\n\n<p><em>I see that BSCstarter already become top\nlaunchpad for BSC project. My question is how many total project that already\nregistered and using BSCstarter, Can you describe which project are that? And\nwhat are the requirement if a BSC project want to join and use launchpad from\nBSCstarter?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>So I think it\u2019s best to answer this\nquestion from the last one to the first.<\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong><\/p>\n\n\n\n<p>1) you can easily join by following this guide: <a href=\"https:\/\/link.medium.com\/V4LH3BpHDfb\">https:\/\/link.medium.com\/V4LH3BpHDfb<\/a><\/p>\n\n\n\n<p>We actually made that to help everyone with\nany knowledge of crypto (whether a lot or a little bit) so it should cover all\nthe basics. <\/p>\n\n\n\n<p>2) To describe the projects on our\nplatform, would take us quite awhile but I can highlight some of the great\nones. One of our biggest so far: WSB &#8211; a community-owned and operated\ndecentralized version of r\/wallstreetbets. WSB DAO was created to openly\nencourage the free flow of public information and opinion into actionable\nresults.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>And what are the requirement\nif a BSC project want to join and use launchpad from BSCstarter?<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>GoSwapp &#8211; The ultimate terminal that arms\nyou with the necessary tools for Dex trading and connects you to your favorite\nDefi protocols. Lastly we\u2019ve had over 40 projects use our site to create a pool<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong><\/p>\n\n\n\n<p>That would be all for the question &#x1f609;<\/p>\n\n\n\n<p><strong><em>Q2 from Telegram User @cryptofollower<\/em><\/strong><\/p>\n\n\n\n<p><em>There are some projects on BSC for\nhosting launchpads for new projects. But this must not be the only job and\nresponsibility for a project that hosts launchpads. What do you think about\nthis? I think you must guide both the investors and the developers for this. I\nknow you are not mainly responsible for projects, but do you feel\nresponsibility about the projects you are hosting and do you have any\nmechanisms for guiding the developers and investors?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>This is a great question! While we\nwant to make sure that we bring quality to our platform and that all users\nenjoy the experience we do aim to keep things truly decentralized. In that\naspect, we do not have too many mechanisms for our IDOs that get listed to vet\nthem. We provide guidelines to for listing on our platform so it isn\u2019t\nevery single person. We actually only go through vetting with projects that are\nlooking for marketing or we may endorse. In this way, we allow\nthe community to vote on and allow projects to list completely without us. And we can\nfocus on shedding light on projects that are going the extra mile. We still let\nthe community make the final decision.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>By the way, we have a good\nquestion about this. But I want to make sure you finish the explanation.&#x1f60a;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>We have 3rd party services. We\u2019ve partnered\nwith the Rug Detectives to provide audits with the enrollment of our platform. It\u2019s taking\nthose kind of steps (including adding coverage options through bridge mutual)\nthat we take to ensure our community is getting projects that are safe and have\ngrowth opportunities. These strategic partnerships allow for us to create aspects that can\nhelp make these projects a safer investment.<\/p>\n\n\n\n<p><strong><em>Q3 from Telegram User @Yusbealco<\/em><\/strong><\/p>\n\n\n\n<p><em>By giving them the freedom for the START\ntoken Hodler community to draw their own conclusions and make their own\ndecisions about the project that will be confirmed or not by BSCSTARTER,\nleaving aside the bureaucracy and KYC laws. Does this way of working allow you\nto make good decisions? Do you think that the community is fully capable of\nmaking these decisions, and not doing it like other bsc projects that do it\nmanually and use KYC? What would be the advantages?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>The main advantage in this is the\ndecentralization. We like to think of our community as the approval system but\nwe ultimately still make decisions on what\u2019s best for the platform. This way,\nwe ensure our platform isn\u2019t subject to negative impacts from other teams.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>It&#8217;s a wise decision&#x1f44d;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Thank you! There will always be\nnew ways to scam the system but I do believe we have thought of almost\neverything. Beyond just taking steps to help prevent this we also have taken\nsteps to allow us room to work through the issues that may arise. Yupp! Once\nBridge Mutual launches their coverage program, BSCstarter will be one of the\nfirst launch pads providing an opportunity for coverage AT launch instead of\nafter.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>great job&#x1f44d;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Yupp<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram User @yellowchamp<\/em><\/strong><\/p>\n\n\n\n<p><em>As an IDO platform, how will you\nconsider a project to launch IDO in BSC Starter? What are the requirements and\nqualifications?As an investor,how can we trust and assure that every project\nlaunch in your platform is highly recommended and will not be a rug pull as\ntime goes by? Can anyone participate with the IDO or there is a whitelisting\nprocess also to be taken? Thank you<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong><a href=\"https:\/\/docs.bscstarter.finance\">https:\/\/docs.bscstarter.finance<\/a><\/p>\n\n\n\n<p>I think our docs is the best add for this\nquestion. It provides a very good breakdown of how to get on the platform for\nboth investors and developers. I think as an investor it would benefit all\nusers to read what the developers have to do in order to list. This gives a bit\nmore clarity to what they are initially bringing to BSCstarter<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>Yes&#8230; Koven! I really like\nyou have a trump card up your sleeve for every tricky question. &#x1f601;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>I believe in the motto \u201cStay ready, never\ngot to get ready\u201d &#x1f609;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>wonderful motto! I have a\ngreat next question &#x1f601;<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Let\u2019s get to it &#x270a;&#x1f3fd;<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram User @Andrey_Seleznov<\/em><\/strong><\/p>\n\n\n\n<p><em>Stats section shows that users need to\nhold at least 500 START for Guaranteed Allocation, with the price over $26 this\nis a very hefty sum of $13000. How many users hold such bags? Do you plan to\nlower the barrier to allow more people to enjoy the higher tier benefits?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>The latest time I checked it was almost\n200+ users who hold that kind of bag. It\u2019s not unachievable but it definitely does\nset a high bar. This was our intent when creating our tiers. It\u2019s nice to be a\npart of an exclusive level. We don\u2019t have any plans at the moment to lower\nit<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>Thanks for your answers!\nBtw, I would like to clarify more about the pools. I noticed that there are two\ntypes: finished and canceled. what&#8217;s the difference between them?<\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Finished pools are the ones that have\ncompleted their voting and presale periods and are now currently live (or\nawaiting listing) on pancakeswap. Canceled pools were either canceled by the\nteam themselves or it never passed the voting period.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>perfect answer &#x1f601; Are you ready for the final question of this part?&#x1f601;<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram User @Highpee<\/em><\/strong><\/p>\n\n\n\n<p><em>Towards the ends of March you released\nan update to BSCstarter and launched BSCstarter V2. Out of the new 4 major\nareas of modifications, the Guaranteed Allocations is what am concerned about\nbecause it will allow Gold, Platinum and Diamond users to be the first to buy\ntokens in the first 2 hours of any IDO sale before the remnant of sales are\nopened up for other investors to join. With this set up, do you think there\nwill be token remaining for others to buy considering how financially strong\nthese set of Users are? Why did you abolish the FCFS model which would have\ngiven everyone a fair opportunity? How do you ensure fairness and inclusive\nconsideration for all financial category of investors that you have?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong>Yupp. We actually didn\u2019t\nabolish the FCFS model. We only implemented the guaranteed allocation as it had\nalready been something in the works and the community was extremely interested\nin it. With adding this feature we do allow our teams to select whether they\nwould like to dedicate a few minutes or more to the guaranteed allocation.\nRegardless of how much time they provide, with the Max BNB caps, there is still\na lot of allocation left after. If I remember correctly, less than 1 minute.\nIt\u2019s because of these instant presales, as we call them, we added guaranteed\nallocation. So essentially, with you paying for the exclusivity of guaranteed\nallocation you don\u2019t have to compete against everyone for a chance to\nparticipate in a presale. It\u2019s a more comfortable option in comparison to FCFS,\nbut we haven\u2019t let go of that model.<\/p>\n\n\n\n<h2>Part 2 \u2014 live questions from\nthe Telegram community<\/h2>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>1 from\nTelegram User @Sumione<\/em><\/strong><\/p>\n\n\n\n<p><em>Do you\nhave whitepaper released ??where can I find your project latest news and\nupdates?<\/em><\/p>\n\n\n\n<p><strong>Koven\nLeader: <\/strong><strong><a href=\"https:\/\/bscstarter.finance\/#\/litepaper\">https:\/\/bscstarter.finance\/#\/litepaper<\/a><\/strong><\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>2 from\nTelegram User @Johana0012<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>Currently developers looking to launch a new project face the daunting tasks of building a fair pre-sale offering, attracting investors who support their vision, and then providing liquidity for their token.&nbsp; Investors acting alone must sort through a crowded project landscape and create their own metrics to assess presales.&nbsp; What benefits does BSCstater provide for the solution to this problem?&nbsp; Can developers submit their IDOs to the BSCstarter community for reviews?&nbsp; What profile must they meet to be able to fit in?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>With our platform it\u2019s pretty much an easy $START for any developer. Once they have the idea and&nbsp; the team to help develop, they can use our platform to crowdfund the money they need. Along with this, there are different programs and support that is provided when they reach out to us. They also have access to speak with our community and gain support from them.<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>3 from\nTelegram User @cryptofollower<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>Let&#8217;s assume that there is a great project and wants to launch with you guy but it got rejected by the community votes. And let&#8217;s say it is rejected with 50.1% Also knowing that it is a great project what would you do?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>There is nothing we can do. Our community speaks towards what they would like to see listed and be interested in investing in. You have to be a member on the platform to both vote and engage in the presale. So while it may in fact be a great project, if 50.1% of the votes are no then it\u2019s likely they won\u2019t see much support during the presale either. <\/p>\n\n\n\n<p>In that sense, there isn\u2019t anything we could or would do to change those results.<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>4 from\nTelegram User @Indomiekuy<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>Do you have any plan to create other feature beside launchpad? Maybe yield farm, stake, or NFT project? Can you explain more detail?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>We actually have plans to release START Farming &#x1f929;<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>5 from\nTelegram User @mobilejii<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>&#x2705;&#x2705; Where can I find the information regarding audit report? What is the name of firms which have you choosen for audit and suggested for kyc?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>This information is provided by the IDO teams upon launch. We don\u2019t actually collect and publish audits for them. We work with the Rug Detectives on these aspects.<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>6 from\nTelegram User @ultimate373<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>How can I Apply for a sale on BSC starter, any step by step details or guide?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"624\" height=\"673\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/image-55.png\" alt=\"\" class=\"wp-image-8335\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/image-55.png 624w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/image-55-278x300.png 278w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>  I believe we covered this earlier but I\u2019d also like to share this. We like to use graphics when we can. This gives a pretty good breakdown and is pretty much the same step for any IDO<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>7 from\nTelegram User @Cyba_cy<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>Many projects have launched NFTs to attract investors, what is your view on NFT?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>We love ourselves a good NFT. We have been making some plans around this but we can\u2019t say too much<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>8 from\nTelegram User @smelekin<\/em><\/strong><\/p>\n\n\n\n<p><em>If an Ethereum project wants you to make their IDO launch, can you do it?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>Not yet, but this could be something we look into in the future.<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>9 from\nTelegram User @yeowlin<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p><em>So far are there any rugpull projects out of the 40+ launched?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: <\/strong>Nope! We are proud to say, we have gone a month+ with 0 rug pulls on our platform<\/p>\n\n\n\n<p><strong><em>Q<\/em><\/strong><strong><em>10 from\nTelegram User <\/em><\/strong><strong><em>&nbsp;<\/em><\/strong><strong><em>@Smartling<\/em><\/strong><\/p>\n\n\n\n<p><em>How can I be a part of the BscStarter team?<\/em><\/p>\n\n\n\n<p><strong>Koven Leader: H<\/strong>ad to save the best question for last lol. <\/p>\n\n\n\n<p>We actually will be opening our doors for employees and independent contractors in the coming weeks. As we continue to grow we build upon our platform and features. This not only creates earning opportunities for investors and developers but employment opportunities for those interested in getting into the crypto career fields. <\/p>\n\n\n\n<p><strong>We\u2019ll be\nrolling this out soon enough <\/strong><strong>&#x1f609;<\/strong><strong><\/strong><\/p>\n\n\n\n<h2><strong>Part&nbsp;3&nbsp;\u2013 Quiz\nResults<\/strong><\/h2>\n\n\n\n<p>In the final part we tested your knowledge in terms of  BSCstarter. They\u2019ve prepared 4 questions for this part. The total reward pool for quiz was 300$.<\/p>\n\n\n\n<p><strong>For more information and\nfuture AMAs, join our Social Media channels:<\/strong><br>\nEnglish Telegram group:&nbsp;<a href=\"https:\/\/t.me\/Satoshi_club\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/t.me\/Satoshi_club<\/a><br>\nRussian Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_ru\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/t.me\/satoshi_club_ru<\/a><\/p>\n\n\n\n<p>Spanish Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_spanish\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/t.me\/satoshi_club_spanish<\/a><br>\nTelegram Channel:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_channel\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/t.me\/satoshi_club_channel<\/a><br>\nTwitter:&nbsp;<a href=\"https:\/\/twitter.com\/realsatoshiclub\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/twitter.com\/realsatoshiclub<\/a><br>\nWebsite:&nbsp;<a href=\"https:\/\/esatoshi.club\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our partners:<\/strong><\/p>\n\n\n\n<p>BSCstarter Website \u2013&nbsp;<a href=\"https:\/\/bscstarter.finance\/\">bscstarter.finance<\/a><br>BSCstarter Telegram \u2013&nbsp;<a href=\"https:\/\/t.me\/bscstarter\">@bscstarter<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>We were delighted to welcome our guest from Showcase. The AMA took place on April 16th, 2021 and our guest was @Koven_Leader. The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you. Part 1 \u2014 introduction&nbsp;and&nbsp;questions [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":8336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8334"}],"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\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=8334"}],"version-history":[{"count":2,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8334\/revisions"}],"predecessor-version":[{"id":8340,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8334\/revisions\/8340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/8336"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=8334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=8334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=8334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}