BStarter x Satoshi Club AMA Recap from the 21th of January
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 BStarter and our guest was . The AMA took place on the 21th of January.
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Mary | Satoshi Club
Hello Satoshi Club! We are happy to announce our AMA session with BStarter! Welcome to Satoshi Club
Gold Rocket | Satoshi Club
Greetings, dear Satoshi Club community!
Gold Rocket | Satoshi Club
Today our guest is @adamtempera
Gold Rocket | Satoshi Club
Hello and welcome to Satoshi club!
Adam Temperton
Thank you everyone
Greetings to you all
Mary | Satoshi Club
Hello, how’s going?
Gold Rocket | Satoshi Club
How are you doing Adam?
Gold Rocket | Satoshi Club
We ask because we are really excited about upcoming AMA with you
Let’s start! Introduce yourself please. How did you get to be involved in crypto & BStarter
Tell us please about your position in BStarter
Adam Temperton
I’m very fine thank you
Adam Temperton
My name is Adam Temperton and I’m one of the decision takers in the Bstarter project. Believe me when I tell you that I’ve been in the crypto business for over 10 years now and me been a part of Bstarter is because I know it’s something huge. I don’t want to waste time convincing anyone about this project but just know that Bstarter is going to be a great project
Gold Rocket | Satoshi Club
Give us a brief introduction to the project. What is the essence of BStarter
Adam Temperton
Okay
Gold Rocket | Satoshi Club
No doubt! You have great background btw
Adam Temperton
Bstarter is a launchpad project. Most of us must have heard about launchpad before now. Bstarter launchpad is a project that will help new projects under the binance smart chain to raise funds for their project and gain popularity in their early stage
Gold Rocket | Satoshi Club
Also we would like to know more about your team. Who is on the project team core?
Not an easy task before you
Gold Rocket | Satoshi Club
@adamtempera is your team anonymous?
Adam Temperton
Our team is made up of professional crypto experts and market analysts. I wouldn’t want to start mentioning names but I’m sure everyone will get to know them sooner or later.
The team is here to bring you nothing but the best and trust me you will never regret being part of our project
Mary | Satoshi Club
Why did you decide to stay behind the scene?
Gold Rocket | Satoshi Club
Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?
Adam Temperton
Like I said sooner or later you’ll get to know everyone of us
Adam Temperton
Yes please
Gold Rocket | Satoshi Club
Q1 from Telegram user @Asela1112
The IDO event of BStarter is scheduled on 25th of January on DFISTARTER Launchpad. I’m sure that there is a still chance to be whitelisted. So Can you tell us about the Whitelisting process? Do users need to pass the KYC to get a whitelist spot? What are the requirements in order to participate in your IDO event, are there extra chances for those who stake $DFI (native token of DFISTARTER) tokens? However, How many $BSTAR tokens will you sell through the IDO event? In what way will the vesting schedule be taken place, Will you distribute the $BSTAR tokens immediately after the fundraising completion or Do you follow a regular vesting schedule? What will be the minimum & maximum investment per a user? Please share with us more details about your upcoming IDO event & it’s terms and Conditions?
Adam Temperton
Yes our whitelist has been published and it will take place on our platform and you do not need KYC to get a spot. All you have to do is follow our social media pages, and join our telegram channels. The winners will be published at the end
Gold Rocket | Satoshi Club
It’s really easy
Mary | Satoshi Club
Do you have the final date? To publish winners?
Adam Temperton
And for IDO, DFISTARTER have their own participation rules so I’m sure they will inform us about that before time and for token distribution, 20% of our tokens will be released upon launch while another 20% will be released four months after launch
Gold Rocket | Satoshi Club
Thanks for your answers
Adam Temperton
Yes
On the 24th
Gold Rocket | Satoshi Club
Let’s proceed with the next question?
Adam Temperton
Whitelist ends tomorrow and we publish results on Sunday
Mary | Satoshi Club
Very soon
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Adam Temperton
Yes
Gold Rocket | Satoshi Club
Q2 from Telegram user @Highpee
One of the unique feature of your project is that it will have a INSURANCE TREASURY. Projects that launches on BStarter will be expected to contribute to this treasury and the treasury is expected to provide a cushion for users during scam or rug-pull situations. Can you explain how the treasury works and the percentage of fund that are expected to be contributed by each project that launches? How is the fund in the treasury kept and how will launchpad participants request access to this fund in cases of unfortunate incidence? And apart from this insurance fund, what other effort will you use to protect the interest of IDO participants?
Adam Temperton
In case of rug pull or scam situations, investors can get their money back because 90% of the funds will be locked in treasury and Bstarter will be providing up to 100K usdt liquidity on pancakeswap so that way you can easily sell your tokens but trust me wouldn’t even be having this rug pull discussion once we hit the market
Mary | Satoshi Club
Thank you for your answers! Ready to proceed?
Gold Rocket | Satoshi Club
Thanks for your answers
Adam Temperton
Yes please
Gold Rocket | Satoshi Club
Q3 from Telegram User @Danniblaiz
As regards security of investors and users funds.
No minting or burn functions are present; though the circulating supply can be reduced by sending tokens to a DEAD address, if desired. What exactly is this dead address? The funds sent to this address, what is the fate of those funds? Is the dead address dissociated from the market regulation? And aside this means, is there other way you’ve put in place to ensure the reduction of the huge supply of the token since there is no minting or burning function?
Adam Temperton
For now we have not decided if we are going to send any tokens to the dead wallet but you should know that any token you send to the dead wallet, you cannot retreive them. With the current immerging technologies there may be ways to burn tokens that do not have the burn function but we are not putting that into consideration for now.
Mary | Satoshi Club
Gotcha! Could you share your tokenomics with us?
Adam Temperton
Pre-Sale 25%
Team 15%
Staking 13%
Reserves 12%
Marketing 10%
Ecosystem 10%
Partnerships 7%
Advisors 5 %
Airdrop 3%
Mary | Satoshi Club
Thank you for your answers! Ready to go to the next question?
Adam Temperton
Sure
Gold Rocket | Satoshi Club
Q4 from Telegram User @ghostofcharmeleon
To date, there are already quite a lot of projects that specialize in launchpad. What distinguishes your project from most competitors? What features do you offer the user that may encourage him to additionally participate on your site? Your roadmap is limited to the first quarter of this year. What targets do you want to achieve by the end of the year?
Adam Temperton
Our mission is to raise funds and guarantee that new projects gain popularity at their early stage so that when they go on exchanges they will have great market value and not every project is willing to work towards this task, some of them have tried and failed. That is why we are putting in a lot of work on Bstarter because we have a vision which we believe we are going to accomplish with your support and participation.
By the end of this year, we should have been able to show the world our use case and with passion and effort we have for this project, we are going to the moon
Mary | Satoshi Club
Do you have roadmap? If yes, can you share it with our community?
Adam Temperton
1-Concept formed
2- Airdrop
3- Pre-Sale
4- Pancakeswap Listing
5- Listing Centralized Exchange
6- Bstarter Staking live
7- First Bstarter Pools announced
8-Bstarter Pools launch
Gold Rocket | Satoshi Club
Thanks for your answers and clarification
Gold Rocket | Satoshi Club
Are you ready for the next question?
Gold Rocket | Satoshi Club
Q5 from Telegram User @nhairym
What are the main characteristics and requirements that a project must have to be included in the BSTAR platform, must it go through a specific security protocol or KYC, what does the BSTAR Accelerator Program consist of, what tools, benefits and guarantees does it provide to its participants?
Adam Temperton
We have our own terms on our platform and You have to do some KYC to be able to trade on Bstarter
Mary | Satoshi Club
Thank you for your answers! Ready for the 6th and last question from this part?
Adam Temperton
Yes
Gold Rocket | Satoshi Club
Q6 from Telegram User @sunny_steel
As per my experience, some launchpads are not providing any additional support to projects other than the launch. At BStarter Qualifying projects will gain early access to exclusive services offered within the BSTAR Accelerator Program. The services include software development, social media marketing, token engineering, Web3, branding support, security audits, and creation of marketing materials such as whitepapers. Will it include any post-launch support? By which actions you can help new projects stay “alive”? Thanks!
Adam Temperton
Bstarter is not just some launchpad because this time it’s going to be different not just like the others you’ve been seeing. We will be working with experts and top exchanges and all the services we listed on our platform, we are giving you nothing but the best. If anyone decides to work with us, we will provide them with all available tools so yes it’s post launch.
Mary | Satoshi Club
Will you launch anonymous projects?
Adam Temperton
With our expertise and collaboration with other big projects we will bring you a great project
Adam Temperton
If they have a good project, of course we will
Mary | Satoshi Club
Got it!
Mary | Satoshi Club
Thank you for this first part, but we still have second part on the row ready for the live questions?
Mary | Satoshi Club
@adamtempera
Adam Temperton
Yes please
Mary | Satoshi Club
Let’s go
Part 2 — live questions from the Telegram community
Q1 from Telegram user @TarJan208
On which Blockchain your project is build on & why do you choose it?
And Do you have any future plan to support more blockchains?
Adam Temperton
We chose Binance smart chain because it is fast & reliable and has low transaction fees
We the upcoming technologies, we can make provisions for multi chain functionality hopefully
Q2 from Telegram user @vector_190
When you are going to launch your token and on which platform you are going to do it and how how we can participate in it?
Adam Temperton
24th Bstarter (OUR PLATFORM)
25th DfiStarter
29th DaoStarter
2nd Feb Pancakeswap launch
Q3 from Telegram user @satishgmr
As I see that Bstater Whitelist is open for public from 12th January,
Till now,
What has been response from the community?
How can we participate in this?
Adam Temperton
You can join the whitelist link: https://gleam.io/EQxEM/bstarter-ido-whitelist-competition
Q4 from Telegram user @slla1112
Once BSTARTER captures sufficient adoption and its customers increase, what is your plan to provide sufficient liquidity to fulfill demanded market orders?
Adam Temperton
We are going to list and both centralized and decentralized exchanges thereby providing enough liquidity on all platforms for easy buying and selling
Q5 from Telegram user @munishgmr
Why are you launching your token on your own platform I think Bstarter is not famous yet, you don’t think that you should launch your token on some big launchpads?
Adam Temperton
Apart from our platform, we will be launching on two other places ( dfistarter and daostarter)
And so far a large number of people have done whitelist to buy our token
Q6 from Telegram user @Arisabela
Do you plan to conduct new audits in the future to strengthen your code? What will be the strategies to strengthen your security system in the future? Could you share with us your latest audit report?
Adam Temperton
Yes as we proceed with the project we will keep auditing for errors and security .Here is our initial audit report https://solidity.finance/audits/Bstarter/
Q7 from Telegram user @Antoni_azx
I understand that your token will initially be sold in pancakeswap, could you tell us the listing schedule and what we can expect in the future? Do you have plans to list on major exchanges?
Adam Temperton
We will be listing on pancake swap on 2nd February after which we will contact top exchanges like binance, hotbit, kucoin and so on. We will let you know which exchanges we will be working with
Q8 from Telegram user @ronaldo_super
I think I missed the presale of the the project and whitelisting so can I get it in another way?
Adam Temperton
You have not missed the presale
You can join the whitelist here https://gleam.io/EQxEM/bstarter-ido-whitelist-competition
IDO schedules as follows
24th Bstarter (OUR PLATFORM)
25th DfiStarter
29th DaoStarter
2nd Feb Pancakeswap launch
Q9 from Telegram user @Tommy_UK
If anyone wants to launch their token on your platform, what is the eligibility criteria for that and what’s the full process of it, Please brief us?
Adam Temperton
Follow our social media pages and join our telegram groups. I’m sure that makes you eligible. You’ll have to do KYC with us too
Q10 from Telegram user @Val_Blaz
What are your plans to keep the momentum going during bearish months when it comes since it has proven inevitable in cryptospace. Are you gotta dump the project, if no, what are your plans to keep the community afloat
Adam Temperton
We have expert traders and analysts. Also we’ll employ market making services and even in bearish markets we’ll still provide more liquidity. With that we’re heading to the moon
Part 3 — Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/
Our partners:
Telegram –https://t.me/Bstarter1
Medium –https://medium.com/@beno345
WebSite — https://bstarter.io/
Twitter-https://twitter.com/Bstarter2
