{"id":9679,"date":"2021-05-31T05:08:15","date_gmt":"2021-05-31T02:08:15","guid":{"rendered":"https:\/\/esatoshi.club\/?p=9679"},"modified":"2021-05-31T05:08:18","modified_gmt":"2021-05-31T02:08:18","slug":"cumrocket-x-satoshi-club-ama-recap-from-29th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/05\/31\/cumrocket-x-satoshi-club-ama-recap-from-29th-of-may\/","title":{"rendered":"CumRocket x Satoshi Club AMA Recap from 29th of May"},"content":{"rendered":"\n

Welcome to another episode of our AMA\nseries. Today we are glad to tell you about the AMA session with our friends\nfrom CumRocket<\/a>,, a project that combine the adult\nindustry with blockchain technology. The\nAMA took place on May 29 and our guest were @LydCumRocket<\/a> and @christophercharles92.  <\/a><\/p>\n\n\n\n

The total reward pool was 500$ and was\ndivided into three parts. In this AMA Recap we will try to summarize some of\nthe most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY\nQUESTIONS<\/strong><\/p>\n\n\n\n

Gold Rocket | Satoshi\nClub: <\/strong>We conclude our today’s AMA marathon series with CumRocket.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Dear community, our final AMA today is with an interesting and great\nproject, our friends from CumRocket are here. @LydCumRocket<\/a>\nand @christophercharles92  <\/a> welcome\nto Satoshi Club.<\/p>\n\n\n\n

Chris:\n<\/strong>Thank you Glad to be here!<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Introduce yourself please. How did you\nget to be involved in crypto & CumRocket?<\/p>\n\n\n\n

Chris:<\/strong>\nI have been involved in the cryptocurrency space since 2019, I originally got\ninvolved with LTC, but then moved to proof of stake tokens after realizing how\nmuch more beneficial they were. In September of last year, I started helping a\nDefi protocol with marketing, and was then hired by several other multi-million\ndollar cryptocurrencies as marketing officer and community manage!<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>I thought the success of Safemoon etc.\nwas really interesting and that it would be a very fun project to try and set\nup my own token.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Great background, btw what is the essence of your project?<\/p>\n\n\n\n

Chris:\n<\/strong>Our project is here to disrupt the adult industry and\ncombine (or evolve) the adult industry with blockchain technology. The 18+\nindustry is a massive untapped real world market, with a 97-billion-dollar\nvaluation. The fact crypto hasn’t been used in this industry before is shocking\nto me, it truly is the perfect use case!<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Is fantastic the diversification of blockchain can be used on each\nfield.<\/p>\n\n\n\n

How did you choose the name?<\/p>\n\n\n\n

Lyd:<\/strong>\nI was deciding on what would be the most ridiculous and funny name to name a\ntoken and came up with CumRocket. <\/p>\n\n\n\n

It’s memeable and not a moon copy –\nthere’s too many projects with moon in the name but not rocket.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club:<\/strong> Also we would like to know about your\nteam. Who is on the project team core?<\/p>\n\n\n\n

Chris:\n<\/strong>On the core team, at least on the website, it only shows\nLyd, Antonio (our CTO and lead dev), as well as myself. However, we have a team\nchat with many other valuable members, some who have been here supporting us\nsince the start of the project. Many of them are involved with marketing, PR,\nand some others are part time developers helping with coding etc. when they\nhave time. <\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi\nClub: <\/strong>Ha-ha so your first option was Cummoon?<\/p>\n\n\n\n

Lyd:\n<\/strong>No I knew first off I didn’t want moon in the name but\nthat’s one of the many copies we have now ha-ha.<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>What event influenced the project the\nmost?<\/p>\n\n\n\n

Chris:\n<\/strong>Most likely the name, it\u2019s very meme-able, the difference is\nthough we are not just a meme-coin. It’s funny because people join expecting a\nmeme-coin, but then they end up staying for the use-case.<\/p>\n\n\n\n

Q1\nfrom Telegram User @Highpee<\/strong><\/p>\n\n\n\n

There\nare issues with the purchase of $CUMMIES from Pancakeswap (PCS). The team\nalready locked liquidity in v1 of pancakeswap for a year but with the launch of\npancakeswap v2, all transaction is being forced to take place on PCS v2.\nHowever, trading $CUMMIES on v2 comes with higher price impact and the token\nprice on the two versions are different. How will you tackle this since you are\nunable to remove locked liquidity from v1 and PCS is no longer friendly to v1\ncoins? Do you plan to add more liquidity to v2 to make $CUMMIES price uniform\nor is there any immediate solution you have for investors as it has to do with\n$CUMMIES purchase? Also, why is it only BNB that can be swapped to $CUMMIES?\nWhy can\u2019t $CUMMIES trade with other BSC asset pairs?<\/em><\/p>\n\n\n\n

Lyd:\n<\/strong>We are aware of the warnings that come up when someone goes\nto buy on Pancakeswap V1. When we initially released the contract and locked\nliquidity, we locked our liquidity in good faith to show the community that we\nwere in it for the long haul. At the time of the presale and locking, there had\nbeen no mention of a “Pancakeswap V2”, so dxsale automatically locked\nour liquidity on Pancakeswap V1. We now have our main liquidity locked on V1 on\nDxSale, with no way to migrate for the duration of said lock (10 more months).\nThere are hundreds of other cryptocurrency startups facing the same issue who\ncan’t migrate to V2 for this very reason.<\/p>\n\n\n\n

In the meantime, we built a simple to\nuse DEX so people can trade CUMMIES easier – without these warnings. You can\nuse CumSwap with any token that is supported by pancakeswap, as long as it has\na v1 liq pool!<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Tell us please about your tokenomics\nbtw.<\/p>\n\n\n\n

Chris:<\/strong>\nWe have a 2.5% burn and a 2.5% redistribution on every\ntransaction! The redistribution happens to all holders, so all you have to do\nis hold CUMMIES and watch the number of tokens you have climb!<\/p>\n\n\n\n

The burn also makes us deflationary, so\nthere are less CUMMIES after every transaction.<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>What is the max supply?<\/p>\n\n\n\n

Lyd:\n<\/strong>10 billion – but the circulating supply is around 1.2billion\nnow due to burns.<\/p>\n\n\n\n

Q2\nfrom Telegram User @Josegamboac<\/strong><\/p>\n\n\n\n

Cumswap\nwas recently released which is Cumrocket\u2019s own DEX. Can you tell us about this\nDEX? and the benefits that it will bring to the users and artists of the\nplatform?<\/em><\/p>\n\n\n\n

Lyd:\n<\/strong>We created it in order to bypass the warnings on Pancakeswap\nV1. When you click to buy CUMMIES from our main liquidity pool, it gives a\nwarning to trade on Pancakeswap V2 and says that V1 trades are no longer\nsupported. CumSwap actually routes to PancakeSwap V1, so you can buy CUMMIES\nwithout the warnings and access our main liquidity pool with ease. We have it\nset up so that when you open CumSwap, the slippage is already set, swapping BNB\nto CUMMIES is set, the only thing you need to do is press “swap”. We\ncan also offer CumSwap to anyone else who has their liquidity locked on V1 with\nno immediate way to get it off – so they can bypass the warning etc. \ud83d\ude42 It\ncomes with a custom domain, too!<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>Btw, what are the main benefits for\nlong term holders?<\/p>\n\n\n\n

Lyd:\nE<\/strong>ventually, as the token is used more often to purchase NSFW\ncontent, and using it for tipping etc. – the holders will benefit from the\ntransaction rewards more often! (2.5% reflect, 2.5% burn)<\/p>\n\n\n\n

Chris:\n<\/strong>We also haven’t started any farms, but in the future after\nour initial roadmap we plan on introducing these capabilities to our DEX as\nwell. This was we can give CUMMIES holders more options, such as farming!<\/p>\n\n\n\n

Gold\nRocket | Satoshi Club: <\/strong>Btw I have a little question. Could\nyou clarify information about the total supply of token? seems like\nCoinMarketCap and CoinGecko have a different number.<\/p>\n\n\n\n

Chris:\n<\/strong>For NFTs we already have LP staking in fact, but staking to\nearn other tokens is entirely possible as well. We just want to grind out our\nmain goals to begin with in order to deliver to our community!<\/p>\n\n\n\n

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

Chris:\n<\/strong>Yeah circulating is around 1.2 B, and total was 10B, we have\nemailed them and we are waiting for them to change it!<\/p>\n\n\n\n

Q3\nfrom Telegram User @andrey_seleznov<\/strong><\/p>\n\n\n\n

Hi\nCummies!<\/em><\/p>\n\n\n\n

I\nread that you are currently developing a V2 NFT Marketplace. Will it be hosted\ndirectly on your website or still on the DEGENR platform? Please share some\nsneak peeks, what features will be improved in V2, will there be any new\nexciting features that are not available on the current marketplace? Will\nanyone be able to publish their creations on the marketplace and what will be\nthe fee for creators?<\/em><\/p>\n\n\n\n

Lyd:\n<\/strong>Our V2 platform is being built from scratch and will be\nhosted by us. We intend on having a “social NFT marketplace”, where\nyou can be sure you are buying verified content, from verified creators. Each content\ncreator will have performed a KYC “Know your customer” with us, so\nthey are each responsible for the content posted from their addresses. We aim\nto give them profile pictures, descriptions, and announcing each of their\ncollection addresses. This way anyone who hasn’t registered with us cannot be a\npart of our marketplace, since they can’t be accountable for their content.\nThis will make it impossible to be “scammed”, or buy a fake NFT. You\nwill always know who you are buying from with our V2 marketplace, this protects\nboth the creators and consumers from fraud on multiple levels.<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>What is needed to be a “verified\ncreator”<\/p>\n\n\n\n

Chris:\n<\/strong>They will have to complete a 3rd party KYC, meaning showing\ntheir ID, and proving it is in fact them behind it.<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>Btw, the marketplace will have only +18\ncontent?<\/p>\n\n\n\n

Chris:\n<\/strong>There will be room for SFW (safe for work) content as well!<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>Thanks for clarifying. Please can you\nshare us your roadmap? We want to know what else is coming for CumRocket.<\/p>\n\n\n\n

Lyd:\n<\/strong>There is more to come – but this is an overview!<\/p>\n\n\n\n

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

Andr\u00e9s\nM. | Satoshi Club: <\/strong>Great, you have been audited, what kind\nof problems the auditory process found?<\/p>\n\n\n\n

Chris:\n<\/strong>Yes, we were audited by Solidity Finance, the auditor found\nthat the contract ownership should have been either renounced, or a multisig\nadded to control the contract. In order to be able to whitelist certain addresses\nfor exchange listings, we chose to put our contract under a gnosis multi sig!<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>So everything is under control, right?<\/p>\n\n\n\n

Chris: <\/strong>Yes, nothing can be changed and there\nare no errors or anything malicious in it. Besides whitelisting addresses for\nCEX listings, nothing will need to be changed! We recently had to whitelist some\nCoinTiger addresses for listing, so we are glad we didn’t renounce.            <\/p>\n\n\n\n

Q4 from Telegram User @eisen_7<\/strong><\/p>\n\n\n\n

When will there be the first gay and \/ or trans models?<\/em><\/p>\n\n\n\n

Lyd: <\/strong>We have listed at least 2 bisexual\nNFTs, and our first trans girl NFT as well. We plan on having male models in\nthe near future, and all creators who can verify their identities with us will\nhave a place on our V2 marketplace.<\/p>\n\n\n\n

Q5 from Telegram User @jonathanjgt<\/strong><\/p>\n\n\n\n

Do you plan to introduce sex messaging or other services\nlater?<\/em><\/p>\n\n\n\n

Lyd: <\/strong>We have a large roadmap and a long term\necosystem planned here. That being said, nothing is off the table. If it makes\nsense, and it brings in revenue for content creators, we will develop it.\nHaving a sexting service is something we have planned on having a long time. Where\npeople can pay the models to have a girlfriend experience, and communicate with\nthem as individuals for hours or even days (depending on the subscription they\npurchase).<\/p>\n\n\n\n

Or simply, just pay (tip) per message\nto speak with your favorite influencer.<\/p>\n\n\n\n

Andr\u00e9s M. | Satoshi Club: <\/strong>Btw how\nmany models do you have at the moment? What are the most famous?<\/p>\n\n\n\n

Lyd:\n<\/strong>We have almost 50 now – the most famous include\nswedish_bella (2.4m followers) and JaydenMichele (1.9m followers)<\/p>\n\n\n\n

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

Andr\u00e9s\nM. | Satoshi Club: <\/strong>Where we can buy CUMMIES token\ndifferent to Pancakeswap?<\/p>\n\n\n\n

Lyd:\n<\/strong>This is PCS under the hood but with a front end MUCH easier\nfor beginners.<\/p>\n\n\n\n

Q6\nfrom Telegram User @thakur8909<\/strong><\/p>\n\n\n\n

There\u2019s\nhundreds or even thousands of blockchain technologies are popping up in the\ninternet. Are you confident enough to battle the crowd and to become one of the\nsuccessful projects that you are handling in? Is your project competitive\nenough to attract customers?<\/em><\/p>\n\n\n\n

Lyd:\n<\/strong>We are confident as one of the first movers in the space\nthat we can do this, and we have a community like no other. It’s our community\nthat sets us apart from other players in the space, and it really is a special\nplace to be. Our models and content creators already communicate with our\nholders and are active in our community (mostly discord). We will have a major\nuserbase and also will be one of the first NFT platforms to accept reflect\ntokens on the Binance Smart Chain. We are confident that we can achieve our\ngoals.<\/p>\n\n\n\n

Andr\u00e9s\nM. | Satoshi Club: <\/strong>That’s incredible, please share with us\nthe links to join to your communities.<\/p>\n\n\n\n

Lyd:\n<\/strong>Telegram: @CumRocket<\/p>\n\n\n\n

Website: cumrocket.io<\/p>\n\n\n\n

Discord: discord.gg\/cummies<\/p>\n\n\n\n

Twitter: twitter.com\/cumrocketcrypto  <\/p>\n\n\n\n

\n\n\n\n

PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n

The chat was open for 120 seconds; a\nlot of questions were posted by Satoshi Club community. Our guests chose some\nof them.<\/p>\n\n\n\n

Q1 from Telegram user\n@Jendolcuek<\/strong><\/p>\n\n\n\n

Recently, the rate at\nwhich PROJECTS WERE DETERMINED, Fraudulent INVESTORS AND RUGPULL have made\ninvestors suffer huge losses of funds and data. Is CumRocket really safe and\nsecure?<\/em><\/p>\n\n\n\n

Lyd: <\/strong>Yes – our\ncore team is non anonymous – we also do live AMAs with webcam so you can be\nsure it’s really us. We would never rugpull as we see a huge opportunity to\ncreate something amazing here and we wouldn’t let that go to waste –\nfurthermore half the dev wallet is LOCKED and liquidity is also LOCKED. I also\nquit my full time job for this so I’m here for the long run!<\/p>\n\n\n\n

Q2 from Telegram user\n@AuliaAzzahra95<\/strong><\/p>\n\n\n\n

Can you explain what\nSECURITY the Project has, is it working with the world’s best security experts?<\/em><\/p>\n\n\n\n

Chris:<\/strong> Security\nis one of our number one priorities. Since we have reflected functions instead\nof staking or farming, we have essentially mitigated most of our security risks\nfrom this alone. Most exploits and hacks come from platforms that offer staking\nand farming. So far we haven’t offered these features (LP farming is for\npoints, and not for tokens, so it is SAFU).<\/p>\n\n\n\n

When we do roll out revenue platforms and updates in the\nfuture we will be seeking a bug bounty and 3rd party audit from a credible\ncompany such as solidity finance before launching. Right now since people only\nhold CUMMIES in their wallets, the security risk is with the individual and not\nus as a team. As long as they have their keys, the CUMMIES are safe.<\/p>\n\n\n\n

Q3 from Telegram user\n@K2ice<\/strong><\/p>\n\n\n\n

How do you ensure that\nusers are accountable for their content?<\/em><\/p>\n\n\n\n

Chris:<\/strong> We\ncurrently KYC each of our models individually, and we also sell them from our\nown collection on the V1 marketplace. Only NFTs from our V1 collection addresses\nare valid, and since we control the minting from this address, you can be sure\nof this. For the V2 platform each individual will have to also prove their\nidentity, so if they posted something that was illegal (or copyright), they\nwould be the ones to answer for it directly.<\/p>\n\n\n\n

Q4 from Telegram user\n@highpee<\/strong><\/p>\n\n\n\n

An as adult\nentertainment platform, what ethical or legal considerations do you consider in\nthe execution of your project activities? \nHow do you ensure that your contents and adult NFT marketplace are not\nbeing accessed by minors? Is there any KYC prerequisite before users can gain\naccess to CumRocket services?<\/em><\/p>\n\n\n\n

Chris: <\/strong>We ensure\nthis by having a warning system upon loading of our V1 marketplace. The user\nhas to enter their date of birth, if they are not of age, they will be denied\naccess to the marketplace. People can lie about their age in order to access\nthe platform, but by doing that they are breaking our rules and accessing our\nplatform illegally!<\/p>\n\n\n\n

Q5 from Telegram user\n@andrey_seleznov<\/strong><\/p>\n\n\n\n

How do content\ncreators profit on your platform? Are there more earning venues other than\nselling NFTs? And one more question, do creators need to hold and stake your\ntoken to display their NFTs on the marketplace?<\/em><\/p>\n\n\n\n

Lyd:<\/strong> Yes! We plan\nto have MULTIPLE revenue streams for content creators:<\/p>\n\n\n\n

NFTs, content subscription service, tips, free CUMMIES\n(reflection) if the models choose to holdtheir CUMMIES, referral fees (this is how OnlyFans exploded in popularity),\nroyalties from NFT resales. We also have many other interesting ideas for the\nfuture after our main goals have been achieved.<\/p>\n\n\n\n

No – anyone can list on our marketplace, however if they\nwant to appear on the FEATURED models page, they would have to hold a certain\namount of.<\/p>\n\n\n\n

Q6 from Telegram user\n@topind7<\/strong><\/p>\n\n\n\n

time seeing a name\nwith Rocket, interesting! why did you think the name CumRocket is the best name\nto give your project?<\/em><\/p>\n\n\n\n

Lyd: <\/strong>Yes, it has\ngiven us TONS of free of exposure! We have been featured by HBO, Hypebeast,\nBezinga, Barstool Sports, Blockfolio, LadBible, CodyKo, JournalDuGeek plus\nmore! <\/p>\n\n\n\n

Q7 from Telegram user\n@cryptonation2<\/strong><\/p>\n\n\n\n

Why 50% wallet is\nlocked in DEV wallet how to trust??<\/em><\/p>\n\n\n\n

Chris: <\/strong>You can\nsee that it is locked into a smart contract on dxsale, just like our liquidity\nis also locked on dxsale for 10 more months. After the 50% unlocks, it will be\ntransferred to our multi-signature gnosis developer wallet. No single entity\ncan access or transfer these funds anymore (it requires multiple team members\nto sign). <\/p>\n\n\n\n

We created the multi-signature wallet after locking 50% on\ndxsale, we really only locked those funds as the community requested us to in\norder to show them we were around for the long haul.<\/p>\n\n\n\n

The other 50% is now in our multi-sig wallet, and when the\nrest of the developer funds unlock from dxsale, they will also be put into the\nmulti-sig dev wallet for safety.<\/p>\n\n\n\n

Q8 from Telegram user\n@cindy_crypto<\/strong><\/p>\n\n\n\n

Will you publish your\nNFT’s to the other NFT marketplaces like opensea?<\/em><\/p>\n\n\n\n

Lyd: <\/strong>In our\nversion 2, it is purely creator made and uploaded content – that is up to them\nwhether they want to upload it exclusively to the CumRocket NFT marketplace or\nothers as well – however there is barely any 18+ specific NFT marketplaces so\nthey have the target audience here on our platform.<\/p>\n\n\n\n

Q9 from Telegram user\n@Iamcata<\/strong><\/p>\n\n\n\n

will you last for long\nterm periods?<\/em><\/p>\n\n\n\n

Chris: <\/strong>Yes, upon\nunlocking in 10 months, or liquidity pool will be migrated to Pancakeswap V2,\nwhere it will be locked again for a long period of time. This ecosystem is a\nlong term development project, which will be worked on and upgraded for years\nto come. We will expand into every niche and corner that the adult industry has\nto offer, and we won’t be doing it tomorrow (Rome wasn’t built overnight). <\/p>\n\n\n\n

This ecosystem will take time to fully develop, and we’re\nliterally just beginning and walking through the front door (so to speak) \u2026<\/p>\n\n\n\n

Q10 from Telegram\nuser @apex_gro<\/strong><\/p>\n\n\n\n

Nowadays So many Rug\nPulls and exit scam happening. How Users can trust your project and how you are\ndifferent from others?<\/em><\/p>\n\n\n\n

Chris: <\/strong>We have\nall been through these rug pulls and exit scams (everyone on the team) … They\nare becoming a real tragedy in the space nowadays, it’s a shame that people\nhave to worry about such things when investing. We have all put our public\nnames and identities forwards in order to show everyone we are here to stay. We\nhave nothing to hide, and we consult our community with every decision we make.\nOur community is truly something special, and we care about them more than\nanything. There is no chance of a “Rug-pull” with us, we are here to\nstay and welcome you all to come join us for the long haul!!<\/p>\n\n\n\n

\n\n\n\n

PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n

As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about CumRocket. A link to a\nQuiz form was sent into the chat. Participants had 10 minutes to answer. 300$\nwere distributed between the winners. <\/p>\n\n\n\n

For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n

 <\/strong>https:\/\/cumswap.cumrocket.io<\/a>Other than that, we are on CoinTiger\nand soon DigiFinex.<\/p>\n\n\n\n