{"id":9208,"date":"2021-05-19T15:35:54","date_gmt":"2021-05-19T12:35:54","guid":{"rendered":"https:\/\/esatoshi.club\/?p=9208"},"modified":"2021-05-19T15:35:55","modified_gmt":"2021-05-19T12:35:55","slug":"blowfish-x-satoshi-club-ama-recap-from-16th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/05\/19\/blowfish-x-satoshi-club-ama-recap-from-16th-of-may\/","title":{"rendered":"Blowfish x Satoshi Club AMA Recap from 16th of May"},"content":{"rendered":"\n

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 Blowfish and our guest was @daviddev12, @gabriele_sala, @palufreeman and @freddy9s. The AMA took place on 16th of May.<\/a><\/p>\n\n\n\n

The total reward pool was 500$ and has been split into 3 parts.<\/p>\n\n\n\n

In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n

Part 1 \u2014 introduction and questions from the Website <\/h2>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nHello dear community and welcome to another AMA session with our friends from\nBlowfish<\/p>\n\n\n\n

Our today’s guests are:
@daviddev12
@gabriele_sala
@palufreeman
@freddy9s<\/p>\n\n\n\n

Welcome in Satoshi Club guys!<\/p>\n\n\n\n

David [blowfish.one]:<\/strong>\n
\nHello! Thanks for having us \ud83d\ude42<\/p>\n\n\n\n

Gabriele:<\/strong>
\nHi!<\/p>\n\n\n\n

David [blowfish.one]:<\/strong>\n
\nCould you also add @lat_0x ?<\/p>\n\n\n\n

Palu:<\/strong>
Hello, Andr\u00e9s! My name is Palu and I’m one of the community managers and admins at Blowfish, actively working on sustaining a welcoming environment at our community and promoting certain events. Pleased to be here! 😄🐡<\/p>\n\n\n\n

Mihai Pisica:<\/strong>
\nHello guys! Welcome in Satoshi Club, we have waited for this Ama 😍<\/p>\n\n\n\n

Freddy:<\/strong>
\nHey everyone. Happy to be here.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Nice to meet Paul.<\/p>\n\n\n\n

For sure, one minute please<\/p>\n\n\n\n

Lat @ Blowfish [Will\nnever DM first]:<\/strong>
\nHi, everyone!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
Hello Lat, welcome to the AMA<\/p>\n\n\n\n

Lat @ Blowfish [Will\nnever DM first]:<\/strong>
\nGlad to be here!<\/p>\n\n\n\n

Mihai Pisica:<\/strong>
\nWe are honored to have you here today! Thank you for joining👍
\nBeing excited for this AMA, we want to know more about you, could you give us a\nshort introduction about you?<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\nTo begin the AMA we would like to know more about you, could you please\nintroduce yourself?😃<\/p>\n\n\n\n

Mihai Pisica:<\/strong>
I was first 😀🚀<\/p>\n\n\n\n

David [blowfish.one]:<\/strong>\n
\nHi, I’m David, the main dev for BlowFish. I’m a software engineer experienced\nwith developing distributed systems and core libraries (i.e. backend stuff). I\nhail from a FAANG company and had the fortune of working on some core Java\nlibraries that enable a lot of the services there. Most of you probably\ninteract with my code on daily basis! I’ve been super excited to get my hands\non Solidity and BSC projects.<\/p>\n\n\n\n

Lat @ Blowfish [Will never DM first]:<\/strong>
I’m currently the main developer on Blowfish’s frontend side, but I also do backend work.<\/p>\n\n\n\n

I’ve worked professionally with Node.js-based frontend\napplications before, though I’m relatively new to working with smart contracts.<\/p>\n\n\n\n

So far, my main task has been to create several lottery\ndApps for clients of our “Lottery as a Service” program. Three are\nfinished, two of them are deployed and we have a few more in our pipeline 👀<\/p>\n\n\n\n

Right now, my main project is the Cryptopuffs NFT\nmarketplace and our NFT ecosystem in general.<\/p>\n\n\n\n

Gabriele:<\/strong>
\nHi, I’m Gabriele:<\/strong> I’m with Palu one\nof the community managers and admins at Blowfish<\/p>\n\n\n\n

Freddy:<\/strong>
\nHey guys. My name’s Freddy and I’m currently on the BlowFish team working on\nthe writing and marketing side of things. I have some experience as a\ncopywriter and am happy to be contributing to this project.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club:<\/strong>
😁<\/p>\n\n\n\n

Mihai Pisica:<\/strong>
\nAs we see, you have all the ingredients in the background to create a great\nproject and make the Blowfish moon it!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub:<\/strong>
\n@daviddev12
\n@gabriele_sala
\n@palufreeman
\n@freddy9s
\nAmazing background of all you guys, is an honor for us to have you here!<\/p>\n\n\n\n

So what is the essence of blowfish?<\/p>\n\n\n\n

David [blowfish.one]:<\/strong>\n
\nThanks guys, I think our dev backgrounds is one of BlowFish’s main strengths \ud83d\ude42<\/p>\n\n\n\n

Mihai Pisica:<\/strong>
\nHow long does it take to develop a project? What plans do you have for the\nfuture? And what can we expect from Blowfish?<\/p>\n\n\n\n

David [blowfish.one]:<\/strong>\n
\nIn essence, BlowFish is a DApp platform focused on gamification. We’re unique\nbecause we offer “DApp as a Service”. It works like this:<\/p>\n\n\n\n

  1. We\n develop a DApp for BlowFish itself, leveraging smart tokenomics that boost\n liquidity or token price. For example, our CryptoPuff NFTs reward\n liquidity and token staking with minting randomly generated NFT’s. Every\n NFT minted boosts the price of BlowFish.<\/li>
  2. We\n generalize the DApp and sell it to other token projects. Our DApps are\n attractive because they can incentivize liquidity, engage communities,\n raise marketing funds, and so on. As a token project owner, imagine\n clicking some settings on a website and instantly having an NFT-generator\n DApp for your token! That’s what BlowFish is building.<\/li><\/ol>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nThe initial time to develop a brand new DApp (stage 1) can take weeks, but\ngeneralizing the DApp for customers (stage 2) is much quicker. We expect to\noffer a fully self-service option for customers interested in lotteries and\nNFT-generator games in the near future.<\/p>\n\n\n\n

    I envision BlowFish being a hub for fun DApps and also a platform for tokens with less experienced dev teams to quickly add generalized DApps to their projects.<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi\nClub:<\/strong>
    \nGreat project, I think this will be an exciting AMA😃<\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    Btw, we have a community question about it, if you want, we can start the party )<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>
    I’m excited to talk about our projects and ideas too!
    I’ll elaborate a little bit more before we hop into questions~<\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    Sure, the scene is yours )<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    Thank you so much for the intro<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nThere’s a lot of new BSC tokens being launched with less experienced developers\n(which is totally fine–there’s more to growing a project than coding).\nBlowFish can help these tokens add utility to their projects, while bringing\nvalue back to BlowFish holders. We believe the addressable market here is\nuntapped and growing. We’ll be charging a percentage service fee on our DApps\nthat auto-buy and burn BLOWF tokens or reward BLOWF liquidity stakers with\ntokens from other projects.<\/p>\n\n\n\n

    In a short time, we onboarded 5 projects for Lottery as a\nService, so we can’t imagine how many projects might be interested in our NFT\ngeneration platform!<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi\nClub:<\/strong>
    \nGreat concepts, good job 😃. Let’s proceed with\nthe questions.<\/p>\n\n\n\n

    Q1 from Telegram user @josewen
    <\/em> Of the current projects that BlowFish owns, CryptoPuffs has the widest range of value added to BlowFish due to how broad the NFT platform can be. Does the minting process implement loot box gamification directly increase the price of the BlowFish token? What are the active qualities of CryptoPuffs? Are CryptoPuffs NFTs one of a kind? What does CryptoPuffs exemplify and what is its contribution to the BlowFish platform and its community?<\/strong><\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nWe’re modeling BlowFish kinda like an actual business haha. BlowFish will have\ncustomers that bring in revenue to BLOWF holders!<\/p>\n\n\n\n

    Questions sound good!<\/p>\n\n\n\n

    Yes, the minting process directly boosts the price of the BlowFish token. Minting NFT’s require BNB, which our smart contract uses to automatically buy-and-lock BLOWF tokens or liquidity. We think we have a clever system here to reward people who buy and “contractually” HODL!<\/p>\n\n\n\n

    CryptoPuffs have a wide variety of appearance features that\nwe are actively expanding upon. We just hired a new artist\/designer who is\nhelping us bring animations to our Puffs.<\/p>\n\n\n\n

    Puffs exemplify how fun DApps can be while still\nincorporating smart tokenomics and real value from customer sales.<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    What projects are part of your ecosystem? Different of CryptoPuffs<\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    Could you share some NFTs designs?<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nCryptoPuffs itself is a broad platform, involving NFT generation, a\nmarketplace, and NFT games. (Marketplace and games coming soon!)<\/p>\n\n\n\n

    The other major project in our ecosystem is Lottery as a Service. We currently offer 3 different types of lotteries, depending on what other projects are looking for. More details are available in our article here:
    https:\/\/medium.com\/blowfishtoken\/blowfish-lottery-as-a-service-417d61520ba1<\/a><\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>
    Here’s an example animated Puff we have in the works!<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n
    \"\"<\/figure>\n\n\n\n

    Here’s a fun example of some winnable hats in the future!<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    How many characters are there?<\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    You say “to place bets” – can you relate this one please? You mean we would be able to bet tokens and win more?<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nThere are 3 base animal types: pufferfish, shark, and whale. Each type of\nanimal has thousands of variations in appearance, but the sharks and whales are\nmuch rarer. Only a .05% chance of getting a whale at the base rate!<\/p>\n\n\n\n

    Yes, players will be able to bet tokens when entering a\nbattle. With the ability of earning more tokens if they win!<\/p>\n\n\n\n

    Regarding the thousands of variations of appearance, we’re building a pipeline to handle this randomization process in a generalized way. So we can offer this kind of NFT generation to customer projects if they provide a few base images \ud83d\ude42<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    When dolphins? 😃<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nOne day maybe! Dolphins would be a fitting addition 😁<\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    That one sounds like incentivizing for playing and get higher and higher )<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi\nClub:<\/strong>
    \nBtw, thanks for the answer, ready to go with the next question?<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nReady.<\/p>\n\n\n\n

    Q3 from Telegram user @Derazy
    <\/em> There is a meme contest that BlowFish conducted before this AMA start, commencing about five days ago. How\u2019s the contest going on? How many holders participating on this event? Can you please share us the impact of this meme contest on the performance of $BLOWF token marketing strategy?<\/strong><\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nWe’ve had dozens of amazing meme submissions for the contest! I think it really\nhelped engage our holders and also spread BlowFish awareness on Twitter.
    \nWe’ll be holding more contests like that in the future as a fun way to reward\nour community and help spread the word.<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    Please share us some of them<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>
    Here’s a pretty one
    https:\/\/twitter.com\/AatSuhendra\/status\/1391983621976707074<\/a><\/p>\n\n\n\n

    Freddy:<\/strong>
    \nThis is our first meme contest. We’ve got a lot of really great submissions and\nit’s really crucial for us to engage our community. This will be the first of\nmany events focused on engaging and building our community. We’ve been testing\nthe waters with marketing in general and are ready to ramp it up!<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>
    A meme submission from our designer too 😂
    https:\/\/twitter.com\/K80291038\/status\/1392808086230999041<\/a><\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    There is time to participate yet, right? Because our community members have a lot of imagination to create memes😁<\/p>\n\n\n\n

    Haha captain Fugu.<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nThe meme contest actually ended at the AMA start 😅
    \nbut I think this is a great opportunity for new people to participate! We’ll\nextend the meme contest by a day \ud83d\ude42<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi Club:<\/strong>
    😱 great opportunity Satoshiclubbers, let’s join this amazing contest 🥳<\/p>\n\n\n\n

    https:\/\/twitter.com\/blowfishtoken\/status\/1391929853885046788?s=19<\/a><\/p>\n\n\n\n

    Mihai Pisica:<\/strong>
    Also let us know when you will begin the further ones! People here like contests like this )<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nThanks for posting the contest! Prizes are in BLOWF tokens.
    \nI will be happy to let you guys know when we have future contests!<\/p>\n\n\n\n

    Andr\u00e9s M. | Satoshi\nClub:<\/strong>
    \nWell, thank you guys for those amazing memes, let’s proceed with the next\nquestion, ready to go or do you want to add something else?<\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nLet’s keep going<\/p>\n\n\n\n

    Q4 from Telegram user @victorogb
    <\/em> Right from it\u2019s inception, BlowFish has presented itself as a fun token taking into account it\u2019s on-going projects and product offerings. Sticking with it\u2019s fun token attributes, BlowFish aims to leverage gamification to return value to BLOWF holders. This is achieved via three major ways: profit distribution from DApps, token burns, and oracle utility. Can you carefully shed more light on these 3 amazing value added features, and how will BLOWF be a critical tool for user operation and interactions within the network?<\/strong><\/p>\n\n\n\n

    David [blowfish.one]:<\/strong>\n
    \nI expand on these 3 points in our lightpaper, but to give a quick summary:<\/p>\n\n\n\n