<\/p>\n\n\n\n
Hello,\nSatoshi clubbers! Another AMA took place in Satoshi Club and we would like to\nintroduce to you the AMA session with our friends from Scaleswap and our guests\nwere @ralf_p_gerte, @Mark_Scaleswap, @Jesstherover and @stolberg. The AMA took\nplace on 15 May.<\/p>\n\n\n\n
The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n
In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Mary | Satoshi Club:<\/strong> Hello Satoshi Club! We are happy to announce our\nAMA session with Scaleswap! Welcome to Satoshi Club😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> [ 😃 Sticker ]<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> @ralf_p_gerteis welcome here 😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> @ralf_p_gerte is welcome to Satoshi club, how are\nyou?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThank you very much for having us!<\/p>\n\n\n\n All good here – our\nlast mile before IDO!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> When is going to occur?<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Awesome! Let’s start our AMA! We want to know about\nScaleswap as much as possible 👏<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nWe did not yet publish the exact date but it will be still before end of May!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> We will wait for the announcement 😍<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Don’t forget\nto share the announcement with us😃<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nAbsolutely! 😊<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Ralf, also, could you please introduce yourself and\ntell us more about Scaleswap?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nSure, I\u2019m the Co-Founder and CEO of Scaleswap. I’m an entrepreneur at heart\nwith 20 years of experience as an executive, management consultant, board\nmember and angel investor. I’ve been full-time in the blockchain sphere for\nmore than 4.5 years.<\/p>\n\n\n\n The Scaleswap family\nconsists of 2 co-founders, Stan and myself and 6 team members as well as 7\ngreat advisors.<\/p>\n\n\n\n We are the first fair\nIDO launchpad on the scene. We stand for transparency, a community- as well as\ntoken-centric approach and with the long-term vision to transform IDO\u2019s to a\nmore sustainable construct that\u2019s here to stay. We also use the latest\ntechnology (ETH layer 2 scaling protocol, powered by Polygon) but foremost we\nvalue our community and give them the opportunity to earn influence in our DAO\nand guaranteed access to launch pools of selected high-quality projects before\ntheir launch by their continuous loyalty, no matter of their budget (->\nScaleSCORE).<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> How did you get involved in crypto?😀<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nTo be honest by coincidence 😊 After my exit from my consulting company\nFusion Consulting AG (SAP Consulting and Management Consulting) in 2016, I\nwanted to make a deep dive in the emerging tech startup scene and as I was\nliving in the Crypto Valley in Switzerland, I was pretty fast caught by the\nblockchain virus 😃<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> It was very lucky concidence 🤣<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nAbsolutely – don’t want to miss a day since being in the crypto sphere!<\/p>\n\n\n\n Ok, Crypto Winter could\nhave been a nicer time, though…<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Crypto winter was as cold as Crypto summer is hot\nnow🔥<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nSo right 🔥🔥🔥<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Was a great opportunity, look for everything that\nyou was gained on crypto 👏<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nAnd it will get even hotter after the Scaleswap launch 🔥🔥🔥<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Sure😉 Thank you, Ralf for your intro! Do\nyou want to add something or we can go to the questions from our community?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Waiting for it🥳<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nSure, please shoot the questions over 😊<\/p>\n\n\n\n Q1 from Telegram user @pixma00 <\/em><\/strong><\/p>\n\n\n\n Scaleswap has developed a highly token-centric economy\nto support healthy token development and reward our community for their\nparticipation, dedication, and loyalty. \nWhat differences can I find between Scaleswap and the DeFi platforms\nthat are currently operating? Can you\ntell us a bit about the layer scaling you have decided to implement? What are the important features that make\nScaleswap stand out?<\/strong><\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nLet me start with the more token economics related part…<\/p>\n\n\n\n We will have public and\nprivate pools and the core of our solution is our ScaleSCORE, a 360\u00b0 loyalty\nscoring system. Our future pools won\u2019t be based on lottery only! Holding SCA\ntokens is one of several elements that determine your ScaleSCORE. And holding\nyour SCA tokens without interruption increases your score as well over time as\nwell as keeping your SCA token holdings ideally at the maximum amount you’ve\never held. And not all criteria are SCA token related – but we can’t reveal yet\nmore – more news will be released soon. There will be 6 dimensions in total.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> @Mark_Scaleswap @Jesstherover @stolberg welcome to\nSatoshi Club 😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> [ 🤗 Sticker ]<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> So, the difference is in tokenomics?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> What will be the maximum supply?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nIt’s one of our main differentiators but Stan will add the tech part as well\nregarding layer sclaling<\/p>\n\n\n\n Maximum supply will be\n25m SCA tokens<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> It’s low supply 😀<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nYes, and we will for sure burn nicely 😉<\/p>\n\n\n\n Stanislav Stolberg:<\/strong> Hello everybody👋 Now I can write:) <\/p>\n\n\n\n Yes, we believe that\nlayer scaling is essential for the ETH ecosystem and we’ve chosen Polygon as an\nestablished partner with a proven\/ working L2 technology. The decision was made\nafter the research on all existing solutions up to date – it turned out that\nPolygon was one of the most advanced, but also the most progressed and\nproduction-ready. <\/p>\n\n\n\n At the same time we are\nevaluating further integrations and bridges to other protocols.<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Btw, do we already have launchpads in cryptospace\nwhich are working on l2?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nAs far as we are aware of, we will be the first one operational on L2.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Great\nachievement btw<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThank you very much!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Fantastic!👏<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> So, could you tell us more about your current\npartnerships? Different of polygon<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nWe are having partnerships in all kind of dimensions and did not make all of\nthem public. Like in the marketing area, we will have a partnership with\nBiconomy on tech side, we are having a collaboration with Hacken (who executed\nalso successfully our smart contracts audit) and with projects like MetisDAO\n(where we will build our DAO on). We are having also a collaboration with\nInnMind, one of the largest digital startup ecosystems. In addition, we are\nchecking with a number of other providers if a collaboration makes sense, but\nwe will be pretty picky. Quality before quantity 😊<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Wow, you made awesome job!<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThank you so much!<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Thank you for your answers! Ready to proceed?😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> You are creating a big ecosystem, congrats😃<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nSure 😊<\/p>\n\n\n\n Q2 from Telegram user @giovannialc <\/em><\/strong><\/p>\n\n\n\n I find it very gratifying that your system was\ndesigned to ensure that the participants most committed to their mission are\nalways rewarded (rather than simply favoring those with the largest budgets)\nthat is, if a user has a low amount of Token can be rewarded in some way just\nby contributing to the well-being of the project? What happens to those who\nhave a high budget, how would they be rewarded since they also contribute their\npart to Scaleswap?<\/strong><\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nScalescore will be earned through 6 different dimensions of loyalty and\nparticipation. In contrast to our competitors, the amount of tokens you hold is\nonly one part of it. And not all criteria are SCA token related. The system was\ndesigned to ensure that the most committed supporters of our mission are always\nrewarded (rather than simply favoring those with the biggest budgets). But at\nthe same time, holding high amounts of tokens and providing liquidity has also\nan influence on the ScaleSCORE and will be in addition incentivized.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> So, it works as a governance token?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nAbsolutely<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Do you have any articles which explain this?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nhttps:\/\/medium.com\/scaleswap\/introducing-the-scaleswap-sca-token-utility-and-benefits-d9eeb84fe44a<\/p>\n\n\n\n here you go 😊<\/p>\n\n\n\n (not yet everything revealed)<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Thank you for sharing!<\/p>\n\n\n\n But may be you can tell\nus the minimum amount of tokens required?😀<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThe first points you get for >1 SCA token 😊 and then we have a\nformula behind that calculates the points up to 100’000 SCA tokens (above that\nno additional points are earned)<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Super! It seems easy 😉<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>We’ll\nhave a dedicated article explaining all details in a simple way. So, we feel\ncomfortable that it will be easy for our community AND FAIR 😊<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thanks for share it, would you like to add something\nbefore the next question?😃<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nNope, anyway can’t reveal more for now 😊 Next one please!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Great job, community is the pillar of the projects<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nYes, out most precious asset!<\/p>\n\n\n\n Q3 from Telegram user @Suboo112123<\/em><\/strong><\/p>\n\n\n\n The scaleswap team target to set the new standard in\nthe launchpad space by making excessive gas fees a thing of the past, and\nre-imagining community appreciation and governance through ScaleSCORE, a\ncomprehensive scoring system so what are the 6 different dimensions that are\nreceive the loyalty rewords?<\/strong><\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Completely agree<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThat’s what I’ve meant 😊 I can’t reveal all of them but 3 dimensions\nare directly related to our SCA token and two categories are related to our\nplatform and the project that are launching on it. And there is kind of a bonus\ncategory that adds as well strong value to our healthy token economics.<\/p>\n\n\n\n The copycats are pretty\nattentive these days…<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Can you give us a little easter egg? What will be\nthe name of each dimension?<\/p>\n\n\n\n Oh that’s right haha<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nThis would be a big easter egg 😃<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> 😁<\/p>\n\n\n\n Then let’s talk about\nsafety, have your contracts been audited or are in process to be?<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> I think we have question about this😉<\/p>\n\n\n\n 4th😀<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Oh, then let’s proceed, @ralf_p_gerteis ready to\ngo?<\/p>\n\n\n\n Ralf P. Gerteis:<\/strong>\nStan is just giving some more insights about the audit topic…<\/p>\n\n\n\n Mary | Satoshi Club:<\/strong> Let’s post it😀<\/p>\n\n\n\n Q4 from Telegram user @johana0012<\/em><\/strong><\/p>\n\n\n\n Scaleswap is\na fully decentralized IDO launch platform, built on the scale of Ethereum Layer\n2. Recently Scaleswap has announced an audit of the renowned cybersecurity\ncompany Hacken, which until 3 days ago was painstakingly visualizing each and\nevery one of the details of smart\ncontracts. What were the results of this audit? What was the qualification\nobtained in this audit? Were problems\ndiscovered through the audit?<\/strong><\/p>\n\n\n\n Stanislav Stolberg:<\/strong> Thank you for bringing this very important\nquestion. Security of user and platform assets is always a top priority for our\ndevelopment team. We\u2019ve been uncompromising in our approach to developing a\nbulletproof, well-audited, and battle-tested platform before launching. And I\u2019m\nhappy to share that Hacken recently completed a code review and security\nanalysis of our smart contracts and awarded us with the highest possible rating\nof \u201cwell-secured\u201d – having uncovered zero critical issues. <\/p>\n\n\n\n Our cooperation with\nHacken will continue as we add additional layers of protection through upcoming\npenetration testing and additional code reviews. <\/p>\n\n\n\n In addition to the full\naudit (smart contracts and penetration testing), we will conduct a bug bounty\nprogram to maintain the highest level of security.<\/p>\n\n\n\n You can read more on\nthis here:<\/p>\n\n\n\n