AMA Satoshi Club x Enrex, April 7th

We are pleased to announce our next AMA on April 7th, 2022 at 03:00 PM UTC Time: Satoshi Club x Enrex

⚠️Click to see the hour
⚠️Total Reward pool: $500

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Enrex Telegram group

We will have the following structure:

Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.

Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Enrex Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Enrex

For more details:
Enrex Website – enrex.io
Enrex Telegram – @enrex_community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Andrewado
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Andrewado

On my research to know about Enrex more I found out that,
Enrex has plans to venture into Renewable energy. How do you plan to invest in renewable energy and establish solar farms? Where will this solar establishment be located? Apart from solar, what plans do you have for other alternative energy such as bio-fuel?
How do you intend to benefits from such investment?

Telegram Username
@andrewado
Andrewado
Guest
Andrewado

I learn that offsetting application and environmental API integration are the two major products your team are currently working on,
With the current state of having many Block chain as many as they can to ensure easy and smooth transactions, can you tell us what chains do you currently support? And can you give us the whole bodywork of offsetting application to the development of Enrex?

Telegram Username
@andrewado
GoC
Guest
GoC

Hello, ENREX team. As far as I understand, you have already launched the native token of the platform and it is already being traded. I found several use cases of the token itself. But in addition, you plan to provide an opportunity to launch eco-themed projects on your platform. And that’s exactly what the use case is not marked. In this regard, I have a question. In order to buy tokens for future projects from your launchpad, will I need to keep a native $ENRX token? In what quantity? If the mechanics of the launchpad have already been developed, can… Read more »

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@ghostofcharmeleon
Abdulmajid
Guest
Abdulmajid

Given the Fact that Enrex is Obviously focused on making cryptocurrency more greener and it’s currency of the ecosystem is going to give it’s users the opportunity to invest in CO2 allowances and renewable energy certificates. I’m curious to know about the aspect of Solar Farms and renewable energy, is it that you’re going to Build Solar farms yourselves? Or you will be sourcing renewable energy certificates from solar energy, hydro energy and wind energy producers directly? Please clarify. Furthermore, giving that your Platform is Related to DeFI, I’d like to know about the Structure of your Project, is it… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

I’m interested in One of your second products which is the Environmental API, I understand that it gives businesses the opportunity to integrate such calculations within any other service, website, crypto exchange, nft marketplace of any potential database where service providers could add option for their users. In line with these development, I would like to know the Targeted Business that this Application was made for, & what have you been able to do in terms of Advertising these wonderful platform to it’s targeted Audience? What marketing strategies do you have on ground? And how would Interested business option in… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

During the Course of my Research, I read an article which stated that, One of The Outstanding and unique aspect about your Platform is that it has NFTs that is attributed with hydro/solar/wind energy that makes them carbon neutral and also provides special attributes? Could you please explain how these NFTs were Generated? And what could be the Other Attributes of these Special NFTs? Now giving the fact that these kind of NFTs is somehow new to most of us out here and one of it’s kind, I’d like to know if they have been introduced to the market yet?… Read more »

Telegram Username
@thisistoyin
GoC
Guest
GoC

Hello, ENREX team.
After studying the documentation for your project, I found that in your tokenomics, a huge number of tokens were allocated for seed and private rounds. This is almost 50% of the total offer. Usually, with such proportions, there is a very high risk of a token dump in the future, since a lot is concentrated in several people. Do you think this is possible? It is likely that you have thought through this moment. How do you plan to minimize these risks?

Telegram Username
@ghostofcharmeleon
Moses Alexander
Guest
Moses Alexander

From the Enrex website, i learnt that All trading will be made directly with the Enrex token $ENRX and the fees will be collected in Enrex token $ENRX as well. Can you elaborate on the fees to be collected in $ENRX, how will you measure the fees? To what percentage in Enrex token will these fees be collected? Will newbies to the crypto space who want to join the Enrex platform be charged as well? Will there be percentage charge difference for newbies and old time crypto users in the Enrex platform? Thank you.

Telegram Username
@Modrumz120
Jmagsss
Guest
Jmagsss

Enrex’ main mission and vision is to educate the the users and the markets on how they can be involved in cryptocurrency whilst observing a sustainable approach/method. Can you please elaborate to us how exactly would Enrex be doing this? Can you name some of your major products and features that can help crypto enthusiast make their crypto-related job in a sustainable matter? How would Enrex be assisting these individuals?

Telegram Username
@Jmagsss
Jmagsss
Guest
Jmagsss

I noticed that Enrex’s offsetting application caters various networks such as Bitcoin, Ethereum, Solana, Dogecoin and the BSC. As cryptocurrencies become globally adopted, numerous networks and blockchains are now being introduced in the market. Beside from the mentioned blockchains above, would you still be adding more network integration to be available on your offsetting application? If so, what other chains shall we expect on your platform soon?

Telegram Username
@Jmagsss
Jmagsss
Guest
Jmagsss

Because of the sudden surge of NFT projects and collectibles, comes with it the heavy amount and volume of transactions within various networks. This made NFTs controversial topic for its effects on the environment. For Enrex, how does your products and services be used towards NFTs and helping NFT enthusiasts to join the NFT market without hurting the environment? Do you have any special products for NFTs or will it be treated just like normal/standard emissions?

Telegram Username
@Jmagsss
Moses Alexander
Guest
Moses Alexander

Hey ENREX TEAM, I’M curious to know, How does Enrex differ from other environmental projects and why is it the definitive solution for crypto offsetting markets? With the high rise of cyber attacks today, How do you tackle security threats in the Enrex platform and keep the information and assets of the Enrex community safe? Thanks.

Telegram Username
@Modrumz120
Nansel
Guest
Nansel

Enrex’s team is deeply concerned with the ongoing climate change problems. Carbon-free sources of energy shall allow the world to not supply new waste.That is deeply concerning and it is Enrex’s mission to give it a shot at reducing these numbers to the limit.can you share with us the success you have achieved so far in your journey to create a Carbon-free sources of energy? Also it was stated that Enrex’s users can make money while reducing the overall carbon footprint made by the crypto industries.could you elaborate on how a user on Enrex can make money?and how a user… Read more »

Telegram Username
@Neilselin
Essence
Guest
Essence

Enrex Blockchain I learnt is powered by the Solana Network by way of their consensus mechanism called PROOF-OF-HISTORY (POH), and I learnt that POH utilizes a verifiable Delay function which requires validators in the Blockchain to solve these functions continuously and a specific sequence of steps are being evaluated. Could you please explain to us those specific sequence of steps that the POH evaluates ? POH seems to be a new term to me . Could you explain to me the distinction between (POH) Proof-of-History and (POW) Proof-of-Work? Finally, how does POH aid in the Green energy prospect of Enrex… Read more »

Telegram Username
@Billz120
Mudara
Guest
Mudara

You have scheduled three sales, Early Round, Private Round, and Public Sale. Who are eligible to participate in each round? I noticed that only 1.4% has been allocated for the Public Sale and the price per token is more than 2x (0.007$) compared to the Early Round (0.003$). What is the reason for neglecting this round? Moreover, there is an allocation of 16.4% for staking and community rewards. Please briefly explain about the types of these community rewards.

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

I noticed that Enrex Exchange will be launched in the third quarter of this year and the launch of Entex DEX is scheduled for the fourth quarter. What is the difference between Enrex Exchange and Enrex DEX? Is Enrex Exchange a CEX? When plenty of exchanges are available in the crypto market, why should we choose Enrex? Can newbies trade on Enrex without a broad knowledge and experience? Please elaborate more on the features of your exchange.

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

I read that there are two types of fees, Exchange fees and Trading fees. Can you explain about these two fees? I saw that the fee is 0.1%. Does this mean that users have to pay 0.1% for every buy, sell transactions and withdrawals? In addition to paying a fee for transactions, do users have to pay for using the exchange too? Since the payments should be made with $ENRX, is it mandatory to hold $ENRX when using the exchange?

Telegram Username
@MudaraSilva
Essence
Guest
Essence

It caught my attention the fact that in Enrex APPLICATION and PROPERTIES, there is Enrex Exchange, Enrex Dev 2, Enrex Offsetting, Tracking Offsets on the Blockchain and Enrex Environmental API, and while the Enrex Environmental API will enable decentralized and open applications to unlock the CO2 allowance and REC market without intermediaries etc, and Tracking Offsets on the Blockchain I read users will be able to track all Offsets on the Blockchain, and it will be available to be accessed and checked by anyone within the Enrex ecosystem when the CO2 allowances and RECs will be cancelled on the original… Read more »

Telegram Username
@Billz120
José Gamboa
Guest
José Gamboa

Enrex will launch the first exchange in Solana of CO2 emission rights and renewable energy certificates. The platform acts as a bridge to unlock digital asset services by combining the features of real-world assets and modern cryptocurrencies with speed, security, and cost savings at the forefront. What features of the real world and cryptocurrencies will be combined in Enrex? Which digital asset services will be unlocked? Innovation?

Telegram Username
@Josegamboac
José Gamboa
Guest
José Gamboa

CO2 allowances and renewable certificates will be tokenized and issued based on their type, location and validity. All tokenized CO2 allowances and renewable certificates can be traced to their real world certificate counterparts. All trading will be made directly with the Enrex token and the fees will be collected in Enrex token as well. (see more in tokenomics).

Telegram Username
@Josegamboac
José Gamboa
Guest
José Gamboa

At Enrex CO2 emission rights and renewable certificates will be tokenized and issued based on their type, location and validity. All tokenized CO2 allocations and renewable certificates can be traced back to their real-world certificate counterparts. How is the process of issuing CO2 and renewable certificates? How will each of these certificates be tokenized? Characteristics? Advantages?

Telegram Username
@Josegamboac
Lestmaris Vera
Guest
Lestmaris Vera

Enrex’s decentralized application (dapp) will allow you to clear your certificates by entering comments to provide the amount of the cancellation and the object of the cancellation. The dapp will perform certificate cancellation automation on real-world registries and issue an NFT as proof of cancellation. Can you offer us more information about the Enrex application? What platform is this Application available on? What are the utilities of the Enrex application? Use cases? Benefits?

Telegram Username
@Lestmarisv13
Essence
Guest
Essence

Team Enrex, I read that there is a #GleamGiveaway!!! upon invite friends, share the hashtag #ENREX on my socials and win a brand new PS5! and a chance to get $50 of free $ENREX. Please is this offer still open? If yes, when will you be drawing a curtain on it? I read that Enrex main goal is help the environment. Could you please tell us, how does Enrex intends to help the environment with its program? I understand Enrex Smartcontract Audit was done by QuillAudits, could you please tell us the status of your Smartcontract Audit with QuillAudits? Did… Read more »

Telegram Username
@Billz120
Lestmaris Vera
Guest
Lestmaris Vera

Enrex DEX will be a fully automated and decentralized DEX to issue, trade and tokenize CO2 emission rights and renewable energy certificates for all trading houses and power plants without intermediaries. Requirements to obtain a CO2 emission certificate and renewable energy certificates? What are the advantages of obtaining this type of certificate with Enrex? What is the utility of Enrex certificates?

Telegram Username
@LestmarisV13
Pelusa pinto
Guest
Pelusa pinto

As in the future all prosumers (a prosumer is an individual who consumes and produces) will be able to produce renewable energy certificates, they will have the option to exchange them for the Enrex cryptocurrency without problems. Through DEX trading, a prosumer will have complete insurance against any fluctuations in value. What is a prosumer? What will be the participation of the prosumers in Enrex? How will the prosumer benefit from the Enrex platform?

Telegram Username
@Pelusapinto21
Pelusa pinto
Guest
Pelusa pinto

Traceability has become a primary requirement for multi-level transaction activities. Today, it allows visibility and responds to the demands of consumers and users for transparency and guarantee of quality of work. Will Enrex allow tracking within its ecosystem? Traceability is available? How will the Enrex platform achieve it?

Telegram Username
@Pelusapinto21
José Gamboa
Guest
José Gamboa

Enrex’s Environmental API will enable decentralized and real-world applications to unlock mandatory CO2 permitting and the market for renewable energy certificates without intermediaries. What is the Enrex Environmental API? What will this ambient API provide to the user experience? How does this API work? What is its utility? Use cases?

Telegram Username
@Josegamboac
Grace
Guest
Grace

What makes Enrex unique from the other environmental projects in the carbon markets is that it is solely targeted on the problematic pollution coming from crypto business activities. Enrex plans on tackling this problem in the most transparent and credible way possible which is by using government mandated environmental instruments and their tokenization. Can you elaborate more on government mandated environmental instruments? What are the examples of the environmental instruments that would be used in tackling this problem? Are there other ways of tackling the problem of carbon pollution asides using government environmental instruments?

Telegram Username
@GracieEne
Grace
Guest
Grace

I understand that there are many ways of making bitcoin mining and transactions environmentally friendly. Using renewable energy certificates is one of them and this renewable energy certificate is said to help to green electricity. How do these green certificates work? How does green energy help to control the level of CO2 in the atmosphere? What are the benefits of renewable energy certificates? Do these renewable energy certificates expire? Who are those that can own this certificates and how much does it cost to purchase these certificates?

Telegram Username
@GracieEne
John
Guest
John

As an environmentally conscious project, you are developing a fully automated Decentralized DEX that users will use to issue, trade and tokenise their CO2 allowances and renewable energy certificates without intermediaries. Firstly, can you explain how your DEX is used to produce renewable energy certificates and how users are able to tokenise their carbon level for the purpose of trading? How does this DEX generate and achieve higher quality of liquidity that is sufficient to power any trading activity? Also, you said that traders can manipulate transaction fees to a desired lenient range. Does it mean that your DEX does… Read more »

Telegram Username
@Highpee
Grace
Guest
Grace

In Enrex, users can be able to track all offsets on the blockchain, and it will be available to be accessed and checked by anyone within the Enrex ecosystem. How will users be able to track offsets on the blockchain? I noted that if the CO2 allowances and RECs are canceled on the original registry, the link in the chain will be provided to deliver proof of cancelation. What are these CO2 allowances and RECs? Is the process of buying CO2 allowance complex and can CO2 be sold privately?

Telegram Username
@GracieEne
John
Guest
John

Your project roadmap primarily began in the first Q2 of 2022 which start with token launch and staking launch. Can you explain how staking will be performed on Enrex and how users can maintain a positive environment impact while staking assets on your protocol? Also, from roadmap, your project events and activities are few and it ends at the last quarter of this year (Q4/2022) after the launch of Enrex DEX. Does it mean that your plans for this project is restricted to this year alone? Apart from ensuring environmental sustainability, how do you intend to ensure your project continuous… Read more »

Telegram Username
@Highpee
John
Guest
John

Generated platform fees will be used to fund staking, treasury and burn, but burn will stop after 45% of token is burned. Why did you set burn cap limit at 45% and for how long do you think it will take before this limit is reached? Will burning be done manually or have you wired the process for your smart contract to carry auto-burn? And with regards to the fees accruing to treasury which will increase to 25% once burn cap is reached; since the team has already allocated 16.5% of total supply to themselves and 5.5% of the supply… Read more »

Telegram Username
@highpee
Miriam Michael
Guest
Miriam Michael

One of Enrex application products that let users navigate the inner working of the Enrex ecosystem is Enrex Offsetting.So when it comes to operatiobs like crypto transactions,smart contracts,ICO/IEO/IDO and Mining which of the certificate in your Dapp can one make use of?Can one make use of both the CO2 allowances or the renewable energy certificate?Can you give an elaborate explanation on the Enrex Offsetting and why it is important to make use this feature?Please explain Thanks

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

Enrex have chosen three institutions to issue certificates in offsetting carbon emissions and this institutions called “Schemes” are the European Union Emissions Trading Scheme,the United Nations Clean Development Mechanism and the Chinese National Carbon Trading Scheme.So can you tell us what’s so unique about this institutions that you decided to choose them in issuing certificates?So far how many certificates have you issued out to projects/organizations and users alike?Do you have plans to add more institutions to enable you offset others carbon emissions with Certificates?You also plan on adding a “Schematic Compliance Program” can you briefly talk on this a little… Read more »

Telegram Username
@Cheriemike
Victoria
Guest
Victoria

While going through your project I read that you said Enrex’s users can make money while reducing the overall carbon footprint made by the Crypto industries. Can you expantiate on this? As we know carbon footprint is the amount of CO2 released into the atmosphere as a result of the activities of a particular individual, organization or community. For Enrex’s users to be able to reduce carbon footprint they must must how is it is generated or how bad it affect the environment,so my question are, how does crypto currency leave a carbon footprint? How is the cryptocurrency bad for… Read more »

Telegram Username
@UniqueVicky
Miriam Michael
Guest
Miriam Michael

I notice that Enrex will not be focusing on just one environmental instrument.But rather you will be working with forest planting NGOs for those consumers who have a preference to plant trees and receive credits afterwards.So will your partnership with this NGOs be done globally or just within some regions?And how many of these NGOs are you currently working with?What kind of credits will they receive?And will they also have access to your renewable energy certificates/ carbon allowances?Please explain Thanks

Telegram Username
@Cheriemike
Eunice
Guest
Eunice

From my current research,I found out that ENREX primary focus is to ensure a green environment for cryptocurrency. Enrex plans on tackling this problem in the most transparent and credible way possible which is by using government mandated environmental instruments and their tokenization, please I would like to know does this mandate apply to the real world or just crypto polluted activities? With the on going war in Ukraine,we know that the environment is really polluted from the bombs and other hazardous materials.In this situation how can Enrex come into play?Does your project also support charity organizations? kindly explain.Thanks

Telegram Username
@Ask4unik
Eunice
Guest
Eunice

Enrex will launch the first exchange and the first retail access on Solana for CO2 allowances and renewable energy certificates. The platform acts as a bridge to unlock digital asset services by combining the features of real world assets and modern cryptocurrencies with speed, security and cost savings at the forefront. It is a secondary market for CO2 allowances and RECs.Can you please tell us some of the assets to be unlocked? About Enrex security, how can you ensure that users data are safe and can’t be altered by a third party?Since the first launch exchange and retail access will… Read more »

Telegram Username
@Ask4unik
Quiana
Guest
Quiana

Some of the applications of ENREX includes Enrex Exchange, Enrex DEX v2, ENREX offsettuing, Tracking offset and Environmental API. Can you share more information on the Enrex Exchange, how it will work and on which Blockchain it will be launched? Can you also explain on Enrex DEX V2, what will make Enrex DEX v2, unique from other DEXs? I also don’t understand the concept of Offsetting, Can you explain on ENREX offsetting and how users can track offsets? Lastly , can you explain on ENREX Environmental API and how it works?

Telegram Username
@QuianaV
Quiana
Guest
Quiana

nrex is a platform which delivers the ultimate promise of easing the transition for crypto businesses to a more eco-friendly trajectory and Enrex also offers both consumers and financial instrument issuing authorities an easy to use application. Can you explain on how Enrex aims to successfully transist the crypto business to a more eco-friendly trajectory? can you also explain on how Enrex distinguishes itself from other environment projects? What are some of the benefits and advantages which Enrex aims to achieve through its Project?

Telegram Username
@QuianaV
Ariana
Guest
Ariana

There are many benefits of launching a token like $ENRX on the Solana network, for example, your Proof-of-Authority concept, but how does this fit in with the energy saving principles proposed by ENREX? Can you explain the advantages? Is launching through Solana profitable from the point of view of adoption and marketing? Do you plan to incorporate more chains into your protocol in the future?

Telegram Username
@Arisabela
Rozie
Guest
Rozie

I noticed that the Enrex ecosystem combines three major systematic areas: Users; Applications; Authorities; I also learned that the Enrex provides five application products which let’s its users navigate the inner working of the Enrex ecosystem. What are these 5 Applications, their features and functions? How do they work to allow users navigate the inner working of Enrex ecosystem? Please tell us more About the application of the Enrex ecosystem. Thank you

Telegram Username
@Rozielyna
Nhairy
Guest
Nhairy

What benefits do the holders of their tokens receive, can their tokens be minted, for when they have scheduled an airdrop or pre-sale event, have they been audited or are in the process of being audited soon, what are the most ambitious milestones they plan to achieve and which ones can they establish? as your immediate priorities?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

What do you consider to be the necessary link between regulated environmental and carbon markets and decentralized finance, what can Enrex really offer to the crypto market, what are your mechanisms to achieve a strong impact on Defi culture, do A few months ago they announced that Solana will be admitted to Enrex, what is the status of that process and what can we expect from Enrex in the future regarding the incorporation of other blockchains and exchanges?

Telegram Username
@nhairym
Rozie
Guest
Rozie

I read from an article of.yours that $ENRX, Enrex’s native token, will be launched within the Solana architecture. This means, that Enrex is fully prepared to engage in initiating its public round inside the Solana Network as an SPL token. What are the Features, utility and use cases of the $ENRX token ? What is the total supply of this token? I noticed that some percentage of the token will be distributed for staking and community rewards. What is the staking mechanism? What will be the minimum token for a user to stake on ? Do you have any Proposed… Read more »

Telegram Username
@Rozielyna
Nhairy
Guest
Nhairy

What are the key points that you apply and recommend to other platforms that they also do so to help and protect our environment, do you consider that this type of ecological projects can be considered really attractive in a market as fierce and capitalist as the market is cryptographic?

Telegram Username
@nhairym
Rozie
Guest
Rozie

Talking about partnership which is an important key for every project, You recently strike a strategic partnership with TrustFi Network. TrustFi Network launchpad will be the IDO site of Enrex’s native token — $ENRX. Kindly share more details about this partnership? What did you chose TrustFi as your Partner since you are already partners with other launchpads? What is the sole aim of this partnership? What will be the benefit of the partnership for TrustFi network? How will Enrex benefit from the partnership? Will you be having more partners anytime soon ?

Telegram Username
@Rozielyna
Ariana
Guest
Ariana

ENREX proposes a system of real world applications to unlock the mandatory CO2 alowances and renewable energy certificates withoute intermediaries, at least that is the most you disclose on your information page, but what does an Environmental API really mean? How does it differ from the systems traditionally applied by most blockchain platforms? Is there any way to measure the impact of Enrex on energy savings compared to other platforms that do not support these renovation ideas?

Telegram Username
@Arisabela
Jesus Freites
Guest
Jesus Freites

There are many eco-friendly decentralized platforms that have been developed with the advent of blockchain technology, and in consideration of the impact Bitcoin mining has had on the environment. In the case of Enrex, what protocols in particular do you use to decrease CO2 emissions and how do you incentivize your community and new users to employ your protocols to achieve this? Why have you taken this approach as a decentralized platform? What is the history behind this decision?

Telegram Username
@JesusFre1tes

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