{"id":8940,"date":"2021-05-12T19:08:17","date_gmt":"2021-05-12T16:08:17","guid":{"rendered":"https:\/\/esatoshi.club\/?p=8940"},"modified":"2021-05-12T19:08:20","modified_gmt":"2021-05-12T16:08:20","slug":"raini-x-satoshi-club-ama-recap-from-11th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/05\/12\/raini-x-satoshi-club-ama-recap-from-11th-of-may\/","title":{"rendered":"Raini x Satoshi Club AMA Recap from 11th of May"},"content":{"rendered":"\n<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from AliumFinance and our guest was @Mindspheres &#8211; co-founder project lead for Raini. The AMA took place on 11th May.<a rel=\"noreferrer noopener\" href=\"http:\/\/cointraffic.io\/advertisers\/ad-formats\/press-release\/?utm_medium=banner&amp;utm_campaign=ad_here\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p>The total reward pool was 500$ and has been split into 3 parts.<\/p>\n\n\n\n<p>In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2> Part 1 \u2014 introduction and questions from the Website <\/h2>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nHello Satoshi Club! We are happy to announce our AMA session with Raini!\nWelcome to Satoshi Club&#x1f600;<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Today our guest &#8211; @Mindspheres ! &#x1f973;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nThanks for having me guys!<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Hello! thank you for joining! &#x1f60a;<\/p>\n\n\n\n<p> How are you doing today?<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Welcome here &#x1f600;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nPretty excited &#8211; we&#8217;ve got a super busy week of news! How about yourself?<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Nice, you have lots of work &#x1f609; im great! thank you!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nSo, let&#8217;s start our AMA &#x1f680;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nSounds good!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nCould you please introduce yourself and tell us more about Raini&#x1f973;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nSure thing. I&#8217;m the co-founder project lead for Raini \u2014 coming from a\nbackground in non-crypto fintech with the other co-founder, we knew that we\ncould do some really exciting things in this space.<\/p>\n\n\n\n<p>To that end we&#8217;ve launched Raini, with which we are building\nan NFT-supercharged DeFi universe. At its core we&#8217;re an NFT farming platform,\nbut we&#8217;re building on a number of key DeFi aspects to fill it out and we&#8217;re\nreally excited about the future.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  So, how old is Raini? How did you get the idea to create this project?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nThe project launched back in March, and really was borne from the fact that\nboth myself and the other co-founder, Artkin, are very much into the arts, but\nalso run a fintech in the non-crypto space. So it seemed a logical path to\ncombine these two passions into the Raini project \u2014 especially considering how\nNFTs have grown so rapidly in popularity.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Nice story&#x1f44d;<\/p>\n\n\n\n<p> How big is Raini team?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nWe&#8217;ve got a team of about 15 people working on various aspects of the platform\noffering, including our NFT platform + NFT Toolkit, Launchpad, Trading Card\nGame, Cross-chain Bridge,<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Quite a big team! Are you public or prefer to stay anon?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nAnd we&#8217;re spread all over the world, from Australia, the US &amp; Canada,\nEurope, and Asia<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  International team &#x1f44d;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br> So right now, myself and the other founder are &#8220;anon&#8221;, however, we are actually doxxed to two KYC firms &#8211; Solidity Finance, and Assure DeFi. The reason we are anon is that we are currently divesting the fintech we run here in Australia, and want that process to be finalized before doxxing publicly \ud83d\ude42<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  This has sense &#x1f600; thanks!<\/p>\n\n\n\n<p> And thank you for your intro! We collected 6 questions from our community for the first part of our AMA &#x1f600; Are you ready to answer them or you want to add something?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nI&#8217;d probably just add that we&#8217;re really excited about our latest announcement,\nwhich is our cross-chain launchpad, which will be enabling new projects to\nlaunch simultaneously on Ethereum, Binance Smart Chain, and (soon) Cardano \u2014\nenabled by our own RainiBridge. Anyone interested can read more about it here &#8211;\nhttps:\/\/rainicoin.medium.com\/raini-officially-ready-for-liftoff-2615e91ea9ee<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br> And we can start&#x1f973;<\/p>\n\n\n\n<p> @Cool_as_Ice shoot it &#x1f680;<\/p>\n\n\n\n<p><em> Q1 from Telegram user @cryptofollower<br><\/em><strong> One of the core features of Raini is Evolving NFTs. NFTs that can evolve and change over time taking input from real-world data. So are there variables on the NFT\u2019s? Is that mean you somehow developed a revolutionary dynamic NFT\u2019s? How did you do that and how it works? Do you have special smart contracts for NFT\u2019s in order to get data from real world using Oracles and evolve using variables? Could you also show us an example about this?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  So the NFT itself will contain hashes of all possible content linked to that NFT&#8217;s evolution \u2014 it&#8217;s something that you can actually see in practice on places like https:\/\/async.art\/ What we feel is the gamechanger is that we will be giving artists the tools to create dynamic NFTs through a graphical user interface rather than needing to work with a development team to create these NFTs. The toolkit will make it easy to integrate data from external APIs and other standard real-world data, so that the appropriate content will be displayed for the evolving piece.<\/p>\n\n\n\n<p>An example might be an NFT that shows you a different animated view based on local weather data, or a piece that &#8220;ages&#8221; as it&#8217;s transferred from wallet to wallet.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<br><\/strong> Hm, is this, for example, like this &#8211; &#8216;Updates four times a day to reflect sunrise \/ day \/ sunset \/ night cycles&#8217;.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<br><\/strong><a href=\"https:\/\/async.art\/art\/master\/0x89E8416eA5b69863CCb34D3A5C74A86bf5549147-1628\">https:\/\/async.art\/art\/master\/0x89E8416eA5b69863CCb34D3A5C74A86bf5549147-1628<\/a><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong><br> That&#8217;s a good example, yes \ud83d\ude42<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<br><\/strong> That&#8217;s very interesting! I like such NFTs! Really something new!<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> So async-like functionality but made more accessible and more open, on a two-sided market.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong><br> Thank you for your answers! Everything is clear for me! Ready to proceed?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong><br> Sounds good!<\/p>\n\n\n\n<p><em> Q2 from Telegram user @kimzyemma<br><\/em><strong> You said Stake $RAINI and earn RAINBOWS, stake LP tokens and earn UNICORNS. We all know that $RAINI is your main token. What is the impact of RAINBOWS and UNICORNS in your project? How can user redeem earned RAINBOWS and UNICORNS on your platform?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong><br> Rainbows and Unicorns are the primary &#8220;currencies&#8221; on the platform, and will be able to be used to redeem NFTs from our curated drops. Unicorns have a higher value, and there will be some special NFTs that can only be redeemed with Unicorns.<\/p>\n\n\n\n<p>Users will be able to redeem &#8220;Core NFTs&#8221; from our drops, but these NFTs are actually upgradeable. Whereby if you amass a certain number of Core NFTs, you can burn them to create a Gold NFT. And if you amass enough Golds, you can burn them to create a Chromatic. There will only ever be enough copies available to create 1 Chromatic NFT per drop.<\/p>\n\n\n\n<p>This deflationary approach will drive collectible scarcity among our drops, and we feel is a great way of gamifying the process of collecting NFTs.<\/p>\n\n\n\n<p>Plus &#8211; Gold &amp; Chromatic NFTs will entitle users to other benefits within the ecosystem, like guaranteed token allocations via our IDO launchpad or token airdrops.<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br>  Cool system, I like it&#x1f44d; by the way why you decided to put unicorn on your logo? so many unicorns at the crypto space already &#8211; uni, 1inch, juld &#x1f604;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nHahaha \u2014 we wanted something playful, and there are plenty of unicorns, but\nthere&#8217;s only one Rainicorn!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"672\" height=\"908\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-21-48.jpg\" alt=\"\" class=\"wp-image-8916\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-21-48.jpg 672w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-21-48-222x300.jpg 222w\" sizes=\"(max-width: 672px) 100vw, 672px\" \/><\/figure>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  This unicorn is mega-cool &#x1f680;<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Yep, it looks really awesome i should admit it.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nCan you give us some examples how your NFTs will look like?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nMm, we have some pieces ready, but I can&#8217;t release those until the drops..\nhowever I can show you guys some art from those on our lineup (including one\nnot yet announced \ud83d\ude09 ) One minute<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Sure, take your time!<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"559\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-25-1-1024x559.jpg\" alt=\"\" class=\"wp-image-8925\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-1-1024x559.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-1-300x164.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-1-768x419.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-1.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1012\" height=\"658\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-23-1.jpg\" alt=\"\" class=\"wp-image-8927\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-23-1.jpg 1012w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-23-1-300x195.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-23-1-768x499.jpg 768w\" sizes=\"(max-width: 1012px) 100vw, 1012px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"746\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-21-1-1024x746.jpg\" alt=\"\" class=\"wp-image-8926\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-21-1-1024x746.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-21-1-300x219.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-21-1-768x560.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-21-1.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"559\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-25-2-1024x559.jpg\" alt=\"\" class=\"wp-image-8928\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-2-1024x559.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-2-300x164.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-2-768x419.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-2.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"833\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-32-1-833x1024.jpg\" alt=\"\" class=\"wp-image-8931\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-32-1-833x1024.jpg 833w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-32-1-244x300.jpg 244w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-32-1-768x944.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-32-1.jpg 1041w\" sizes=\"(max-width: 833px) 100vw, 833px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1000\" height=\"500\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-30-1.jpg\" alt=\"\" class=\"wp-image-8930\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-30-1.jpg 1000w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-30-1-300x150.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-30-1-768x384.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"600\" height=\"361\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-29-1.jpg\" alt=\"\" class=\"wp-image-8929\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-29-1.jpg 600w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-29-1-300x181.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"743\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-27-1-1024x743.jpg\" alt=\"\" class=\"wp-image-8932\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-27-1-1024x743.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-27-1-300x218.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-27-1-768x557.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-27-1.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Awesome!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br> Ahaha, i love this!&#x1f60d;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"559\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-23-25-3-1024x559.jpg\" alt=\"\" class=\"wp-image-8934\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-3-1024x559.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-3-300x164.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-3-768x419.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-23-25-3.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  It&#8217;s great right haha<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> I like these two.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"462\" height=\"613\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-30-02.jpg\" alt=\"\" class=\"wp-image-8935\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-02.jpg 462w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-02-226x300.jpg 226w\" sizes=\"(max-width: 462px) 100vw, 462px\" \/><\/figure>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nThank you for this pleasure for our eyes!<\/p>\n\n\n\n<p> Ready to go to the next question?&#x1f600;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nGlad you like \ud83d\ude42<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nLet&#8217;s go!<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br>  Yeah, it looks really beautiful, you can see that people spent time making these NFTs<\/p>\n\n\n\n<p><em> Q3 from Telegram user @Highpee<br><\/em><strong> The recent launch of uniswap v3 has disrupted some projects activities as some are finding it hard to migrate their protocol into it. Your project is not left unaffected as you are currently facing complications establishing staking of liquidity provider tokens on Uniswap v3 and this forced you into removing your liquidity from Uniswap v3. How do you intend to solve this challenge as this has led to a disproportionate price impacts for the users of your LP pools? What immediate solutions are you offering? For how long will this continue and what effort are you making towards adapting your protocol to this new uniswap version?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  Uniswap v3 has been a real debacle and caused many projects trouble. On the day of release we moved some liquidity to Uniswap v3, but this ended up diluting our liquidity. NFTs being used to replace LP tokens is a bit of a challenge \u2014 so migrating our current LP token holders over is not something we are able to do straight away. <\/p>\n\n\n\n<p>As such, we made the decision to pull liquidity back to\nUniswap V2 and have been comfortably trading since then.<\/p>\n\n\n\n<p>I should add that we are (as of last week) a cross-chain\ntoken and also tradable on PancakeSwap. We&#8217;ve actually equalized our liquidity\nbetween Uniswap V2 and PCS, and this has been really helpful over the last\ncouple of days where Ethereum gas spices have spiked incredibly high.<\/p>\n\n\n\n<p>Moving forward, we are working to implement staking for\nUniswap v3, and hope to have a solution in the next week or two. We&#8217;re not\nalone, everyone is dealing with the same challenge.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Where is the volume for Raini bigger? On Pancakeswap or Uniswap?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br> Yesterday it was about equal, today looks like Uniswap wins<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"220\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-05-12_18-30-50-1024x220.jpg\" alt=\"\" class=\"wp-image-8936\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-50-1024x220.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-50-300x64.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-50-768x165.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-05-12_18-30-50.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p> Needless to say, bridging to Binance has been great for our project. It&#8217;s also why we feel our Cross-chain Launchpad is a great offering.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Eth is back&#x1f44d; which other blockchains do you also currently support?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nBinance Smart Chain + Eth<\/p>\n\n\n\n<p> We&#8217;re looking at bridging to Cardano too when that&#8217;s possible<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Gotcha!<\/p>\n\n\n\n<p> Thank you for your answers! Ready to jump to the next question?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nSounds good!<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br>  Do you have plans to make pools on other DEXes on BSC and Ethereum? maybe on 1inch?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nNot at the moment &#8211; the main challenge is not spreading our liquidity too thin,\nresulting in disproportionate price impacts. Maybe as we grow bigger this can\nbe something we look at.<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Understood, thank you!<\/p>\n\n\n\n<p> Ready for the next question?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nYup!<\/p>\n\n\n\n<p><em> Q4 from Telegram user @Pratze<br><\/em><strong> I\u2019m really interested with Raini\u2019s toolkit for creator, so I read that Raini building a toolkit special for artists to create a NFT. Can you explain more detail about this toolkit? Is it already implement on your platform? And what user possible to do with your NFT toolkit?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  Right so this toolkit would be an extension of the normal NFT creation tools you&#8217;ve seen elsewhere. It would allow creators to make NFTs which evolve, integrating external world data via APIs or similar. The interface will make these sorts of pieces easy to create for people who do not have extensive technical knowledge or understanding.<\/p>\n\n\n\n<p>The toolkit is not yet live, but will be in mid-June, after\nour platform launches.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nWill it be free to use it?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nAs with all NFT platforms, there will be a cost to mint an NFT, however there\nwould not be an additional fee for the toolkit itself. We may initially limit\nthe use of the toolkit to Raini holders to give it a level of exclusivity and\nto support our early adopters\u2014however this is not finalised.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nThanks! Everything is clear for me! We will wait for the updates! Ready to\nproceed?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nSure thing!<\/p>\n\n\n\n<p><em> Q5 from Telegram user @NataliyaKil<br><\/em><strong> Recently, among projects from the crypto world, it has become relevant to patronage, donations and charity to various foundations of the modern world. Someone helps animals, someone donates to funds to fight breast cancer, and someone invests in the development of gold mines. Tell me, is your project developing in any of these areas, are you doing charity work and in what area?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nYes definitely &#8211; so we have already made a significant annual commitment to the\nWorld Wildlife Fund (Australia), which gave us a Partner in Conservation\nstatus. In addition, we have &#8220;adopted&#8221; 3 animals &#8211; an Orangutan, a\nKoala, and a Penguin via the WWF. Plus we are making donations to Greening\nAustralia for carbon offsets, and we have also partnered with DOVU for on-chain\nverified carbon offsets.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Wow, you&#8217;re so kind&#x1f60d;<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> This is cool! that&#8217;s very good you are find time and funds for charity &#x1f44f;<\/p>\n\n\n\n<p> Not many projects in crypto do such a things &#x1f60a;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong>\n<br>\nHaving lived through a terrible bushfire season last year in Australia \u2014 we\nwanted to help support the environment in whichever way we could!<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Now Koalas will sleep tight &#x1f609;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  We can hope \ud83d\ude42<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong>\n<br>\nAnd only one 6th question left from the first part of our AMA &#x1f680;<\/p>\n\n\n\n<p> Ready for it?<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br>  Oh yeah, I have heard about fires in Australia, 2020 was a crazy year &#x1f613;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  For sure!<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Let&#8217;s go!<\/p>\n\n\n\n<p><em> Q6 from Telegram user @Jonahapagu <br><\/em><strong> In your recently Released Launched product \u201cRaini Launchpad\u201d There will be four tiers of token allocations which will be based on the amount of Raini staked\u2026these tiers are \u201cKoyah the Orang-utan\u201d, \u201cSmoothie the Koala\u201d,\u201dChad the Rainicorn\u201d, and \u201cRainbow.. so what are the differences between this four tiers , what is the amount of staked Raini a users needs to stake to belong to any of this tiers, and what will be the token allocations for users who belong to each of this tiers..<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  TBA &#x1f609;<\/p>\n\n\n\n<p><strong>D. | Satoshi Club:<\/strong> <br> Secrets &#x1f609;<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br> In all honesty &#8211; we&#8217;re finalizing this stuff along with what entitlements Gold and Chromatic NFT holders will have with respect to the launchpad<\/p>\n\n\n\n<p> However, we wanted to get the launchpad live in order to keep our community in the loop &amp; better position ourselves to prospective projects who are seeking to launch IDOs.<\/p>\n\n\n\n<p> The staking quantities will become clear as we get closer to our first batch of IDOs.<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Can you tell us which projects will be first at Raini launchpad?<\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<\/strong> <br>  No announcements on that front yet \ud83d\ude42<\/p>\n\n\n\n<p><strong>Mary | Satoshi Club:<\/strong> <br>  Got it!<\/p>\n\n\n\n<h2> <strong>Part 2 \u2014 live questions from the Telegram community<\/strong> <\/h2>\n\n\n\n<p><em> Q1 from Telegram user&nbsp; @KhaleesiTheCryptoLady<br><\/em><strong>Where is RAINI currently listed? Any plan to list in big exchanges in the future? <\/strong><\/p>\n\n\n\n<p> <strong>Mindspheres &#8211; Dev:<\/strong>  <br>We&#8217;re currently on Uniswap V2 (Ethereum) and Pancakeswap (BSC) \u2014 we&#8217;re starting to look at exchange listings off the back of our recent growth and volume. More on this soon.<\/p>\n\n\n\n<p><em> Q2 from Telegram user&nbsp; @Jonahapagu<\/em><br><strong>Recently Raini officially opened applications for The Raini Launchpad which was built to enable developers to launch new crypto projects with significant support and community reach\u2026 and  will enable investors to ensure that they invest in projects that are heavily vetted and meet strict criteria\u2026 in line with this you stated that you will be highly selective in choosing only projects you believe have an excellent shot to succeed.. so what are the strict criterias that projects applying for your launchpad will have to pass through.. and for every project that makes it to your launchpad what kinds of benefits will they get from Raini Launchpad that will not be obtainable in other launchpads\u2026<\/strong><\/p>\n\n\n\n<p> <strong>Mindspheres &#8211; Dev:<\/strong>  <br>We would want to ensure that the projects we list have a solid team, a clear roadmap, and has a solid market niche. In return we bring a dedicated and passionate community who will help their project grow and support them financially at the IDO, the ability to launch on multiple chains simultaneously thanks to the RainiBridge, and we will provide advice and assistance for the launch and beyond.<\/p>\n\n\n\n<p><em> Q3 from Telegram user&nbsp; @messilolz<\/em><br><strong>How do you prevent of scam and rugged projects in your launchpad? do you have kyc requirement?<\/strong><\/p>\n\n\n\n<p> <strong>Mindspheres &#8211; Dev:<\/strong>  <br>Yes, there will be a KYC + due diligence requirement for founders, and we will facilitate a liquidity lock.<\/p>\n\n\n\n<p><em> Q4 from Telegram user&nbsp;@Mamitabella<\/em><br><strong>Why would a deflationary system like this be sustainable?<\/strong><\/p>\n\n\n\n<p>  <strong>Mindspheres &#8211; Dev:<\/strong>  <br>Revenue from our platform will be used to buy back and burn Raini tokens, thereby keeping the deflationary tokenomics sustainable.<\/p>\n\n\n\n<p><em> Q5 from Telegram user&nbsp;@Indomiekuy<\/em><br><strong>Raini is an expansive eco system build on a NFT Farming token. I read that your NFT also have different rarities, can you describe more detail about this? How much rarities of NFT do you have? And beside for collection, is there any use for that \u2018rarity\u2019?<\/strong><\/p>\n\n\n\n<p> <strong>Mindspheres &#8211; Dev:<\/strong>   <br>Yes, as discussed &#8211; rarer NFTs on our platform wil entitle users to benefits within the ecosystem, including guaranteed token allocations via our launchpad and airdrop entitlements. More on this is coming in due time.<\/p>\n\n\n\n<p><em> Q6 from Telegram user&nbsp; @Savitasapra3<\/em><br><strong>Please share the contract address?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> It is 0x89E8416eA5b69863CCb34D3A5C74A86bf5549147<\/p>\n\n\n\n<p><em> Q7 from Telegram user&nbsp; @Pirry05Universe<\/em><br><strong>How do the UNICORNS points differ from the RAINBOW points and what is the use that can be given to both points?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> Unicorns are worth more, and some drops will contain NFTs that can only be redeemed with unicorns<\/p>\n\n\n\n<p><em> Q8 from Telegram user&nbsp; @vedamatrix<\/em><br><strong>Is it possible to buy both of your coins Rainbows and Unicorns and where can I buy them and stake them?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> We only have one token, Rainicorn $RAINI. You can buy it on Uniswap or Pancakeswap, links to both are on our website <a href=\"https:\/\/www.raini.io\/\">https:\/\/www.raini.io\/<\/a><\/p>\n\n\n\n<p>You can stake via <a href=\"https:\/\/www.raini.io\/stake\">https:\/\/www.raini.io\/stake<\/a><\/p>\n\n\n\n<p><em> Q9 from Telegram user&nbsp; @mobilejii<\/em><br><strong>Do you have any audit conducted securing your smart contracts free from bugs and vulnerability?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> Yes we do &#8211; <a href=\"https:\/\/solidity.finance\/audits\/RAINI\">https:\/\/solidity.finance\/audits\/RAINI<\/a> + <a href=\"https:\/\/solidity.finance\/audits\/RainiStaking\/\">https:\/\/solidity.finance\/audits\/RainiStaking\/<\/a><\/p>\n\n\n\n<p><em> Q10 from Telegram user&nbsp; @atillayeni<\/em><br><strong>When are you integrate the Cardano blockchain into your project and why is it important to integrate as it is not popular?<\/strong><\/p>\n\n\n\n<p><strong>Mindspheres &#8211; Dev:<br><\/strong> We feel that Cardano has great potential, and is a chain definitely worth supporting when main net goes live. They&#8217;ve been very active in Africa and we&#8217;re keen to see where they go from here.<\/p>\n\n\n\n<h2> <strong>Part 3 \u2013 Quiz Results<\/strong> <\/h2>\n\n\n\n<p>In the final part, we tested your knowledge in terms of Raini. They\u2019ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.<br><strong>For more information and future AMAs, join our Social Media channels:<br><\/strong>English Telegram group:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/Satoshi_club\" target=\"_blank\">https:\/\/t.me\/Satoshi_club<\/a><br>Russian Telegram group:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_ru\" target=\"_blank\">https:\/\/t.me\/satoshi_club_ru<\/a><br>Spanish Telegram group:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_spanish\" target=\"_blank\">https:\/\/t.me\/satoshi_club_spanish<\/a><br>Telegram Channel:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/t.me\/satoshi_club_channel\" target=\"_blank\">https:\/\/t.me\/satoshi_club_channel<\/a><br>Twitter:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/realsatoshiclub\" target=\"_blank\">https:\/\/twitter.com\/realsatoshiclub<\/a><br>Website:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/esatoshi.club\/\" target=\"_blank\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our partners:<\/strong><br>Raini Telegram community:&nbsp;&nbsp; <a href=\"https:\/\/t.me\/rainicornchat\">https:\/\/t.me\/rainicornchat<\/a> <br>Twitter:&nbsp; <a href=\"https:\/\/twitter.com\/raini_coin\">https:\/\/twitter.com\/raini_coin<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from AliumFinance and our guest was @Mindspheres &#8211; co-founder project lead for Raini. The AMA took place on 11th May. The total reward pool was 500$ and has been split into [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":8800,"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\/8940"}],"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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=8940"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8940\/revisions"}],"predecessor-version":[{"id":8941,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/8940\/revisions\/8941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/8800"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=8940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=8940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=8940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}