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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 Swarm Network and our\nguests were @TokenAddict @daniel198913. The AMA took place on 17 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
Gold Rocket | Satoshi Club:<\/strong> Hello, dear community!<\/p>\n\n\n\n We are pleased to\nannounce AMA with Swarm Network<\/p>\n\n\n\n Today our guests are\n@TokenAddict @daniel198913!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> [ Sticker ]<\/p>\n\n\n\n Token Addict:<\/strong>\nHi everyone 👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Hello and welcome to Satoshi Club, guys!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> How are you today?<\/p>\n\n\n\n Daniel:<\/strong>\nHey everyone!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Welcome!<\/p>\n\n\n\n Daniel:<\/strong>\nI am doing great, thank you for asking!<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> We are very excited about the upcoming AMA, and\nyou?<\/p>\n\n\n\n Daniel:<\/strong> Of course, we are honoured for the\nopportunity to be here with you today!<\/p>\n\n\n\n Token Addict:<\/strong>\nGreat thanks, nice to be here today and tell everyone about Swarm!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Well, we are\nexcited for this AMA session, could you please introduce yourself? We would\nlike to know more about you😃<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Well! Let’s start<\/p>\n\n\n\n Introduce youreself\nplease. How did you get to be involved in crypto & Swarm Network?<\/p>\n\n\n\n Tell us please about\nyourself and your position in Swarm Network.<\/p>\n\n\n\n Token Addict:<\/strong>\nSwarm is entirely decentralized, its has its own elected DAO call the SNC\n(Swarm Network Council) effectively these are community members that assist\nstrategically.<\/p>\n\n\n\n I have been involved\nwith Swarm for a number of years, simply as an active community member and\nleading on development of the technical side for Swarm Networks open source\ntools for tokenization.<\/p>\n\n\n\n Daniel:<\/strong>\nMy name is Daniel Faria, I’ve been involved in this space since 2015 . I’m an\nentrepreneur who has founded a few succesful companies and believes in the\nfuture of Tokenization and I have joined the Swarm Council to provide\nmentoriship and credibility to this very ambitious project.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Great background<\/p>\n\n\n\n Token Addict:<\/strong>\nI came into being interested in Swarm as I have always feel strongly that\nblockchain and tokenization has huge potential, aligned with Swarms open\nnature, it was a good fit.<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thank you for sharing! Great experience for good\nproject👍<\/p>\n\n\n\n How long does it take\nto develop a project? What plans do you have for the future? And what can we\nexpect from Swarm Network?<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> And how big is your team?<\/p>\n\n\n\n Daniel: <\/strong>Swarm\nwill always be fully decentralized and adopts the same philosophy of projects\nlike Uniswap, Rocketpool, etc. We are strictly focused on enabling this\nmovement and have partners in our community assisting with regulatory needs and\nonboarding issuers through our app. Our code has been open-sourced and we aim\nto remain fully decentralized from a technology perspective.<\/p>\n\n\n\n Our team has over 10\npeople<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Sounds good!<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Well, we are excited to know more about the project\nthrough the community questions we have collected<\/p>\n\n\n\n Are you ready?<\/p>\n\n\n\n Token Addict:<\/strong>\nSure<\/p>\n\n\n\n Q1 from Telegram User @johana0012<\/em><\/strong><\/p>\n\n\n\n Swarm Network\u2019s SRC20 protocol is an open,\npermissionless standard that allows anyone to build on the foundation and fully\nempowers the user with the ability to create compliant digital assets. Is Swarm required as a fee for services to\nmint tokens in Swarm\u2019s SRC20 protocol? \nHas the Swarm Network team considered implementing NFT usage on their\nplatform to enhance various features? \nWhat are the fundamental characteristics that the Swarm Network protocol\ncomplies with?<\/strong><\/p>\n\n\n\n Daniel:<\/strong>\nMarket Development Partnerships:<\/p>\n\n\n\n 1. Early-Stage technology companies who are developing\ncrypto projects and want to fundraise by issuing tokens.<\/p>\n\n\n\n 2. Tokenization of\nNFT\u2019s by partnering with NFT companies & artists. <\/p>\n\n\n\n 3. Marketing campaigns for Fast Consumer Goods\ncompanies (tokenizing cups of coffee, for example)<\/p>\n\n\n\n 4. Tokenization of Assets\nincluding collectibles, real estate, art, natural resources, funds, and more.<\/p>\n\n\n\n Due to the complex\nregulatory market of tokenization globally, from a roadmap perspective we have\nrealized that in order to successfully execute our vision, we need to start by\nworking with assets and projects that are familiar with the crypto space. We\nwill have our community leaders focused on the development of the following\nmarket plan:<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Which NFT companies have your partnered until now?<\/p>\n\n\n\n Token Addict:<\/strong>\nNone to date, but this is a area we are investigating with a number of\npotential partners.<\/p>\n\n\n\n Swarm has had many\nprestigious offerings run on the technology layer, even Siemens Energy Systems\nhas worked with Swarm.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Great so, how hard would be the process to create\nour own Satoshi Club token for example?<\/p>\n\n\n\n Token Addict:<\/strong>\nVery simple. the UI is extremely easy to use to both create and manage digital\ntokens. <\/p>\n\n\n\n This includes features\nto create whitelists, transfer rules. run a fundraiser, distribute dividends\nand more. All with a few clicks and no code knowledge needed.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Is it easy even for non crypto users?<\/p>\n\n\n\n Token Addict:<\/strong>\nAnyone can use this, permission less to create and manage tokens. A metamask\nwallet is all anyone needs, and since they are Ethereum based tokens, secondary\nmarkets are not an issue versus providers building on their own chains.<\/p>\n\n\n\n Daniel:<\/strong>\nCorrect, very easy. This was a main selling point for me , and we are creating\na tutorial and videos so people can easily see from start to finish how to get\nit done. This is part of our roadmap.<\/p>\n\n\n\n Token Addict:<\/strong>\nI would say like anything in crypto, one needs a basic level of knowledge OFC\njust to understand what tokens are and gas etc to deploy… but yes the UI\nwould be pretty easily understood and usable for anyone.<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> So, it’s a mass adoption 😁<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Well done guys, that’s the way to increase the\nadoption<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Thank you for such detailed answers! ready for the\nnext question?🚀<\/p>\n\n\n\n Token Addict:<\/strong>\n💪<\/p>\n\n\n\n Q2 from Telegram user @surendra040 <\/em><\/strong><\/p>\n\n\n\n I am not a profession but When I tried to use swarm\nnetwork to create or manage new tokens I couldn\u2019t understand regarding token\nfeatures like account freeze, contract freeze and force transfer. How does this\nworks and do you have any plan to educate beginner s like me?<\/strong><\/p>\n\n\n\n Token Addict:<\/strong>\nGood question<\/p>\n\n\n\n So those features are\ndesigned remember for security tokens features, securities have to be\nregulatory compliant and and STO would need those.<\/p>\n\n\n\n Those controls can be\neither ON or OFF, there is no need to engage those if its not an STO.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Do you have some guides?<\/p>\n\n\n\n Token Addict:<\/strong>\nReality is if doing an STO, one would have legal guidance on what is needed\nbefore configuration. We already explain all the features on the Gitbook and\nwhat they do.<\/p>\n\n\n\n But like Daniel says,\nwe can have a education library also, videos on issuance etc…<\/p>\n\n\n\n Daniel:<\/strong>\nhttps:\/\/docs.swarmnetwork.org\/<\/p>\n\n\n\n Token Addict:<\/strong>\nThe UI itself if you hover over any features explains what it is in addition<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thanks for share it, I think is so interesting<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> @surendra040 check it😉<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Btw, what is the token distribution of STO?<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> thanks a lot for the answers! do you want to add\nsomething or we can proceed to the next question🚀<\/p>\n\n\n\n Daniel:<\/strong>\nI’d like to share this information as valuable<\/p>\n\n\n\n complimentary details<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Yes please, share all the info that you want 😃<\/p>\n\n\n\n Daniel:<\/strong>\nWe are looking at the following R&D plans:<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Go ahead<\/p>\n\n\n\n Daniel:<\/strong>\nR&D community plan and code development plans:<\/p>\n\n\n\n \u00b7 Releasing Swarm App in BNB Chain and listing\non Pancake Swap<\/p>\n\n\n\n \u00b7 Study and develop tokenization solutions\nfully integrated with Parachains. We are actively looking at Parachain Slots,\nauctions and how to integrate with Kusama.<\/p>\n\n\n\n \u00b7 Layer 2 Collaborations.<\/p>\n\n\n\n Token Addict:<\/strong>\nIt would be up to the issuer\/creator, they could send the tokens to the\ninvestors or have those investors claim the tokens.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> That’s your\nroadmap?<\/p>\n\n\n\n Daniel:<\/strong>\nIt’s part of our R&D plan, our roadmap will be published later this week .<\/p>\n\n\n\n There’s a formal announcement\ncoming up<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Thanks for share it, would you like to proceed with\nthe next question?<\/p>\n\n\n\n Daniel:<\/strong>\nYes, please share next quesiton<\/p>\n\n\n\n Q3 from Telegram User\n@andrey_seleznov<\/em><\/strong><\/p>\n\n\n\n Please share some details about the swarm native\ntoken SWM. Will it be inflationary or deflationary in nature? SWM is currently\nlisted on the Uniswap, do you plan to list SWM on more exchanges, decentralized\nas well as centralized? If so, which ones can expect to be graced with the\nchance of hosting the SWM ?<\/strong><\/p>\n\n\n\n Daniel:<\/strong>\nInflationary in Nature. Here is our exchange listing roadmap bellow<\/p>\n\n\n\n Our community has\nactively been discussing the possibility of working with the following\nexchanges.<\/p>\n\n\n\n Tier 1:<\/p>\n\n\n\n \u00b7 Binance<\/p>\n\n\n\n \u00b7 Kraken<\/p>\n\n\n\n \u00b7 Bitfinex<\/p>\n\n\n\n Tier 2:<\/p>\n\n\n\n \u00b7 Coinsbit<\/p>\n\n\n\n \u00b7 Mandela<\/p>\n\n\n\n \u00b7 Kucoin<\/p>\n\n\n\n Securing listings with\nExchanges can be a complicated and expensive proposition unless there is true\nutility driving demand for the token or strong relationships in place. We feel\nconfident in our ability to get Swarm listed but we also hope that the\ncommunity will develop a layer 2 solution on Swarm that will provide exchange\nfunctionality as well as highly reduced token transfer costs.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> What is the max supply and the current market cap?<\/p>\n\n\n\n Daniel:<\/strong>\n100,000,000 is the max supply<\/p>\n\n\n\n circulating supply is\n78.9 mil<\/p>\n\n\n\n Fully dilluted market\ncap 13.2 M$<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> Great roadmap, listing exchange on Binance have any\napproximated date? Q2 or Q3?<\/p>\n\n\n\n That’s what I call a\ngem😁<\/p>\n\n\n\n Gold Rocket | Satoshi Club:<\/strong> Absolutely👍<\/p>\n\n\n\n Daniel:<\/strong>\nWe do not like to comment on listing deadlines because we don’t control it.\nWhat I can share is that we have a lot of interest in our project.<\/p>\n\n\n\n And we are indeed in\nactive discussions with multiple exchanges.<\/p>\n\n\n\n By supporting our token\non Uniswap and being a valued community member, you can help us get there\nfaster.<\/p>\n\n\n\n Andr\u00e9s M. | Satoshi Club:<\/strong> We understand, thank you so much for your clear\nanswers. Would you like to add something before the next question?<\/p>\n\n\n\n Of course, please share\nus the link to your communities to join🥳<\/p>\n\n\n\n