AMA Satoshi Club x Libcoin, March 29th

We are pleased to announce our next AMA on March 29th, 2022 at 01:00 PM UTC Time: Satoshi Club x Libcoin

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Libcoin 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. Libcoin Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Libcoin

For more details:
Libcoin Website – libcoin.net
Libcoin Telegram – @libcoin_official
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

121
⬇️⬇️⬇️ Leave your comments bellow ⬇️⬇️⬇️

avatar
119 Comment threads
2 Thread replies
1 Followers
 
Most reacted comment
Hottest comment thread
68 Comment authors
JaviSuBsPei ErMoon StarElradaveDaud Immanuel Wijaya Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Soaifdipto
Guest
Soaifdipto

4) NFT is a hot topic these days, but NFT isn’t just for the arts. Does your project think that more real world use cases will emerge for NFT as time goes on, why should we take NFT seriously?

Telegram Username
@fintajdipto3743
Soaifdipto
Guest
Soaifdipto

Do you have AUDIT credentials or are you working to AUDIT your project, to make it more secure and reliable?

Telegram Username
@Satoshi3743
Soaifdipto
Guest
Soaifdipto

Question: Which part of the project are you most focused on right now and How many killer features of Your project that makes it ahead of its competitors Could you tell us 2-3 features the Project?

Telegram Username
@fintajdipto3743
Akram
Guest
Akram

MY Q.SIR
@@@@
Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So. does you have any technological solutions or plans to enhance user trust in these issues…???

Telegram Username
@fury35
Akram
Guest
Akram

Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So. does you have any technological solutions or plans to enhance user trust in these issues…???

Telegram Username
@fury35
Akram
Guest
Akram

They really take into account the opinions and recommendations of the community, what is needed to be a member with the right to participate and make relevant decisions, what are the main risks to which their protocol is exposed, how can they protect users, how will it be exactly the mining pool system, when will it be available?

Telegram Username
@fury35
Khawar Ullah
Guest
Khawar Ullah

1)Can this project belongs to web3

Telegram Username
Kha war
Khawar Ullah
Guest
Khawar Ullah

2) So many rugpulls these days and investors especially newbies are being discouraged, what would you put in place to assure them that their funds are safe in other to restore their confidence back?

Telegram Username
Kha war
Stanley
Guest
Stanley

Libcoin is described to be a supercharging crypto, please explain in details what this means? What are the major utilities of Libcoin? What are the long-term plans to be put in place to prevent or minimize rugpulls and also encourage short term investors to invest long-term?

Telegram Username
@Stanley_0308
Khawar Ullah
Guest
Khawar Ullah

3) If Stake Dapps How much Apy Given to me?

Telegram Username
Kha war
Essence
Guest
Essence

Libcoin – I read on your website that Libcoin is Supercharging Crypto by plugging in the first tokenized Gigifactory, and the coin democratizes access to a new class of investors to participate in top-tier green energy investment. Please we need you at Libcoin to tell us more about this Gigifactory? What is the use case of Gigifactory in Blockchain? You did said that the coin democratizes access to a new class of investors. Could you please explain to us enthusiasts the kind of class of investors Libcoin encourages ? I learnt that Libcoin aim to start a Gigifactory of Lithium-io… Read more »

Telegram Username
@Billz120
Moses Alexander
Guest
Moses Alexander

From your website, i read that Investment in LIB tokens will support establishment of India’s first lithium-ion manufacturing Gigafactory. I’m curious to know, Who are going to be the main beneficiaries of this India’s first lithium-ion Gigafactory when it’s fully established? What are going to be the special benefits to the investors who invest $LIBCOIN token in the Libcoin platform for the establishment of India’s first lithium-ion Gigafactory? Thank you.

Telegram Username
@Modrumz120
Sanyaolu
Guest
Sanyaolu

It was stated that the Libcoin token is backed by green investments into Lithium-ion battery gigafactories and the capital raised with the LIB token will be invested into the construction of a lithium-ion Gigafactory. I will like to know the various ways that the LIB token would raise capital to fund the construction of the Gigafactory.. What will be the initial capacity/output of the Gigafactory in Gigawatt hours (GWh) and will there be plans for expansion?.. You had mentioned that the advent of the Gigafactory will give room for employment opportunities.. What exact number of persons will the Gigafactory be… Read more »

Telegram Username
@jameslekan664
Essence
Guest
Essence

Hello Libcoin Team – I read that LIBToken functions will be rolled out in two stages, the base model including the BURN-AND- MINT setup, as well as partner distribution is active from launch, and more advanced governance and Staking functions are projected to be launched within 2 years , and stage 2 which has governance, staking and rewards you did said, provides staking to participate, and Token holders can vote on Minting new Tokens and give their opinion with polls and participate is rewarded with Token distribution to stakers. Now my question is, what minimum of LIB does a participant… Read more »

Telegram Username
@Billz120
Moses Alexander
Guest
Moses Alexander

I interestingly read from your website that libcoin will be the first crypto asset that offers potential holders exposure to investments and rewards in the booming battery technology industry. How can a person who’s new to the crypto space  become a holder of the $libcoin token and also what are the requirements needed for such individuals to be a user/member of the libcoin platform? Lastly, what are other rewards to be given to the holders of the $LIBCOIN token in the Libcoin platform? Thanks.

Telegram Username
@Modrumz120
Sanyaolu
Guest
Sanyaolu

In order to minimize the time to market and allow for timely development of the Gigafactory, the LIB token functions will be rolled out in two stages which are;
-Stage 1; Development & Burning
-Stage 2; Governance, Staking & Rewards. Can you give an insight on these two distinct stages? How will these two stages help in minimizing time to market and the timely development of the Gigafactory?..How will the LIB staking work, what rewards will be given to users who stakes $LIB, will they have a voice in governance? When is each of these stages set to roll out?

Telegram Username
@jameslekan664
UncleStrange1
Guest
UncleStrange1

Gigafactory Nevada owned by Tesla and Panasonic is still only about 30% of the planned overall size and it recently produced it’s one millionth battery pack. They use the Lithium Ion packages. You aim to start a Gigafactory of Lithium-Ion batteries built in a consortium with relevant partners. Do you think your project can compete and replace Tesla’s batteries in the future? What are the unique features you plan to integrate to make this project the best? Would you consider partnering with other big battery companies in the future? Can you tell us more about your relevant partners?

Telegram Username
@UncleStrange1
UncleStrange1
Guest
UncleStrange1

ETH 2.0 comes with very high challenges to investors like high gas fees and you just got integrated in the ETH Blockchain. I learned that you are focusing on CEXs in the first phase. And I also checked your roadmap, it has Q1 and the moved straight to Q3/Q4. Can you please tell us what major events will occur in the Q2? Will your project become decentralized in the future? How do you plan on solving the issues of high gas fees?

Telegram Username
@UncleStrange1
Chiram Chirdan
Guest
Chiram Chirdan

I learned that the LIB token functions will be rolled out in two stages. The base model including the burn-and-mint setup, as well as partner distribution, is active from launch. More advanced governance and staking functions are projected to be launched within 2years.please can you elaborate on the burnt-and-mint setup and how it will be implemented in the LIB token?can you enlighten us on the advance governance and staking functions that are projected to be launched?what are the advantages the advanced governance and staking functions will offer?

Telegram Username
@Neilselin
Essence
Guest
Essence

Hello Libcoin Team – it caught my attention that Libcoin is on a mission to Rescue with the electric vehicle boom (plus non-car EVS and consumer electronics), and it is forecasted that there will be 8-10 x surgebin battery demand and Gigifactories to build them and Libcoin will be there to save the day as we were assured. Please tell us how Libcoin with its Gigifactory intends to achieve this feat? Good marketing strategies is Paramount as well as collaboration. Outside of India and Australia, where else does Libcoin looks forward to establishing it’s presence and product? Finally, I learnt… Read more »

Telegram Username
@Billz120
Chiram Chirdan
Guest
Chiram Chirdan

From my findings $LIB token Is a very nice project and I am very much interested to part of the energy revolution.so a registered for the public sale but date and requirements are not presented on the whitepaper.please can you share the date for the public sale?will their be any form of KYC after I have registered?Also can you tell us how a user can acquire the $LIB token?

Telegram Username
@chiramchi
Sanyaolu
Guest
Sanyaolu

From my research, I noted that Libcoin currently plans to become a key player in the in global lithium-ion battery market which are a key component of the electric vehicles market. There are some notable companies that have been involved in manufacturing of batteries for Electrical Vehicles(EV), they include; Panasonic, CATL, LG Chem. These three companies alone controls about 69% of the market so I must say that you really have big competitors on this. Libcoin however uses a crypto-based approach. What edge will this crypto based approach to green energy give Libcoin over major competitors?.. What will be the… Read more »

Telegram Username
@jameslekan664
Lexxxi
Guest
Lexxxi

Seeing AVASS as a member of your consortium really caught my attention because they hold a Guiness world record for manufacturing an EV bus with the longest range (About 1000km). So far, I will like to know how Libcoin’s relationship with AVASS has helped in the project’s development. Will your Gigafactory make use of the same technology as AVASS? Apart from AVASS, which other company is a member of your consortium? Do you have connections with regulators and governmental bodies ( For ex; Ministry of Power) to further increase the project’s solidity?. Building a Gigafactory can take up to a… Read more »

Telegram Username
@leeguap4L
Lexxxi
Guest
Lexxxi

It was stated that Libcoin has committed 25% of annual profits from their battery factory to be used to burn libcoin. Why did Libcoin commit such a quite large percentage of profit generated from the battery factory to burning Libcoin? What major advantage will the burn function hold for Libcoin in the long run? Will there be minting functions too? If yes, Under what conditions will Libcoin be minted? In what ways will the remaining 75% of annual profits be used on the platform?.. Talking of Liquidity, what plans do you have to ensure sufficient liquidity on exchanges to fill… Read more »

Telegram Username
@leeguap4L
Nkechi UD
Guest
Nkechi UD

I found out that your public sale is LIVE and that LIB token offers a range of functionality and utility to token holders. Can you give us more details regarding your public sale? What are the requirements to participate in your public sale? How can we be whitelisted, do we need to be Verified(KYC)? What is the hard and soft cap of your token? I will like to know how will the money supply from the sale be managed? How much will be sold during the token sale? And what functions will your token have? Lastly when is the deadline… Read more »

Telegram Username
@NKUDM
Tobi okunola
Guest
Tobi okunola

The coin democratizes access to a new class of investors to participate in top-tier green energy investments.how can an investor participate?

Telegram Username
@Cryptoman00000
Tobi okunola
Guest
Tobi okunola

What are the steps and criteria for an investor participating in the project?

Telegram Username
@Cryptoman00000
Miriam Michael
Guest
Miriam Michael

I read that the green $LIB tokens will be accessed through Ethereum Blockchain technology and will later be converted to Ethereum w 0 in 2022.So can you tell us why it is decided that the $LIB tokens will be accessed through the Ethereum Blockchain considering the fact that the Ethereum gas fee is something that pissed off most investors?Will you later consider that the $LIB tokens be access through other Blockchains existing like a kind of cross-chain bridge?You also plan on adding an Initial Dex Offering (IDO) over Ethereum,so when will this plan be actualized?Please tell us the % cost… Read more »

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

I read that the green $LIB tokens will be accessed through Ethereum Blockchain technology and will later be converted to Ethereum 2.0 in 2022.So can you tell us why it is decided that the $LIB tokens will be accessed through the Ethereum Blockchain considering the fact that the Ethereum gas fee is something that pissed off most investors?Will you later consider that the $LIB tokens be access through other Blockchains existing like a kind of cross-chain bridge?You also plan on adding an Initial Dex Offering (IDO) over Ethereum,so when will this plan be actualized?Please tell us the % cost of… Read more »

Telegram Username
@Cheriemike
Miriam Michael
Guest
Miriam Michael

I read from an article about Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to set up a consortium to build a lithium ion battery plant in India with an initially capacity of 1GWh but later capacity at the lithium ion battery plant will be augmented to 30GWh in due course.Though this partnership was announced 2 years ago,I would love to know when will the construction of building the Lithium ion battery plant in India start and when do you plan to finish it?And will Libcoin enabled battery monitoring and analytics for EVs and a stationary storage that… Read more »

Telegram Username
@Cheriemike
GoC
Guest
GoC

Hello, the Libcoin team. Having studied the documentation and ideology of your project, I have a question. Is there any chance that tokens will be considered as securities in your business format, following the example of the same XRP? For the most part, crypto projects are not backed by any physical property and their real value can be estimated only on the basis of monetary or user metrics. You will also have the provision of real production and products. It reminds me of a traditional business. A traditional business usually attracts investments by placing shares or bonds. Please tell us,… Read more »

Telegram Username
@ghostofcharmeleon
GoC
Guest
GoC

Hello, the Libcoin team.
Having studied the documentation and ideology of your project, I have a question. Since the company’s business processes involve real production, and not just code and digital interaction, accordingly, it is necessary to build this very production. Please tell us, is there already a battery production plant running? If not, at what stage is the construction of the plant? Is there at least his project already?

Telegram Username
@ghostofcharmeleon
GoC
Guest
GoC

Hello, the Libcoin team. Having studied the documentation and ideology of your project, I have a question. You expect to use 25% of the net profit from the company’s battery production activities to redeem the $LIB token and burn it afterwards. As I understand it, it is planned to do this once a year. Based on this, as a speculator, I can buy a token before burning and merge it with a limit order into this purchase. It seems to me that a mechanism is needed that will minimize such cheating. Have you considered such a problem? What do you… Read more »

Telegram Username
@ghostofcharmeleon
Lexxxi
Guest
Lexxxi

Unlike most crypto project whose token is backed only by digitally inclined products, the LIBCOIN will be backed by a physical entity; speaking of the Lithium-Ion Giga factory.. And this gesture is a noble one I must say..Welldone! However building a Gigafactory and keeping it running needs effective management as well as funding. So here comes my question; What is the forecasted capital needed to build the Gigafactory? In what various ways will this funds be generated?What strategies/measures will the LIBCOIN platform use to ensure that the Gigafactory produces the best of products in order to attract users to the… Read more »

Telegram Username
@leeguap4L
Mudara
Guest
Mudara

According to your instructions, I submitted my name, email and contact number since I wish to purchase $LIB on Bitmart. However, I did not receive any response yet. Do you request any additional details for the Whitelist process? If yes, when I can expect a response? What type of details will be requested? What can I do to increase the possibility of getting whitelisted? In addition to the Bitmart Exchange, what are the CEXs and DEXs you may collaborate with?

Telegram Username
@MudaraSilva
Blessing
Guest
Blessing

Linking LIBCOIN with a Gigafactory is of a good course. But I’m a little bit curious; considering the volatile nature of the crypto market, what happens if a whale eventually dumps his/her LIBCOIN asset? Wouldn’t this affect the Gigafactory in any way?. So, making sure the LIBCOIN maintains value over time is a matter of concern.. What strategies will you use to make sure that LIBCOIN’s value will always appreciate in order to keep the Gigafactory’s function within good control and likewise protect investors?

Telegram Username
@Blessingchum
Mudara
Guest
Mudara

I read that users can participate in Governance through staking. Can you elaborate more on this process? Is there a minimum staking amount? Do stakers with better amounts of tokens get more privileges in voting? By the way, $LIB partner rewards is financed from company reserves. How do you manage this mechanism in the long run? Since the staking community may enhance in the future, you may need some additional sources of income in addition to company reserves. Do you have any plans regarding that?

Telegram Username
@MudaraSilva
Blessing
Guest
Blessing

From my research, I noted that the LIBCOIN’s gigafactory will be based in India. Why choose India for a start? Do you have any plans of going more global; maybe going to countries that haven’t adopted the green energy tech yet?.. Encouraging people to adopt green energy mostly in the EV direction requires sufficient numbers of charging stations. Have you put this into consideration?

Telegram Username
@Blessingchum
Blessing
Guest
Blessing

Considering the fact that you will be developing a physical asset (the LIB Gigafactory), this therefore means that there will be government’s intervention.. So far, which governmental bodies are you working with to make the Gigafactory’s project a successful one in the long course?.. Owning a Gigafactory may indicate paying very high taxes to the government; Is this also within your control?

Telegram Username
@Blessingchum
Mudara
Guest
Mudara

As 25% of any profits from the battery business are converted into $LIB annually, your circulating supply will gradually increase. Then how do you generate scarcity to maintain the value of the coin? What is the reason to add your profits to the token supply? What type of benefits does the project get from this decision? If the battery business faces any losses, do you cover them by converting $LIB to the funds allocated for the business?

Telegram Username
@MudaraSilva
Enidice
Guest
Enidice

“The whale effect”; This had been a matter of concern as this has led to the crumble of most crypto projects.. LIBCOIN will be owning a physical asset(gigafactory).. I’m eager to know; how will LIBCOIN ensure that high shares of the token won’t be held by individuals that can decide to dump the token at anytime as this may prove catastrophic for both the token holders and the Gigafactory?

Telegram Username
@Enioladice
Abdulmajid
Guest
Abdulmajid

Greetings. I Noted that Libcoin Aims to build India’s FIRST giga factory Gigafactory of Lithium-ion batteries worldwide by raising funds through investment in its sustainable crypto asset that not only accelerates the transition into clean energy but also fills a huge market gap. But as i was going through your Platform, i saw that Libcoin partnered with AVASS, which is manufacturing the EV buss with the longest range in the world, please i would like to know how you plan to Compete with other Big Firms like Tesla, since they are also into Lithium Ion batteries? What would be the… Read more »

Telegram Username
@thisistoyin
Enidice
Guest
Enidice

Hello! Please correct me If i’m wrong; LIBCOIN will be building a Gigafactory which will be based on manufacturing Lithium-Ion batteries. Considering this fit, does this mean that in order to buy LIBCOIN’s battery, I will have to make use of the $LIB token?.. There are some highly rated battery manufacturing companies out there.. hence, I will like to know; why should a user purchase Libcoin’s batteries instead? Will the price be fair compared to that of other competitors? How about the durability of the battery?.. I saw you partnered with Avass; a company that created the longest range bus… Read more »

Telegram Username
@Enioladice
Gilang NKh
Guest
Gilang NKh

1.Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and investors to your project and keep them long term? 2. Most investors are only interested in immediate benefits instead of the real long-term value of the project. How can you persuade investors to invest in your platform in the long run? 3.Question: Will there be opportunities for open researchers to test the domains and applicationbfor bugs ad report them? If yes, what are your plans… Read more »

Telegram Username
@GilangNkh
Nhairy
Guest
Nhairy

Why are you interested in starting the Gigafactory of lithium-ion batteries, what are the effects that this project can have on crypto activity and how it can influence the decentralized financial culture, do you consider that investors are really interested in investing in tokens with ecological purposes What is the real scope of your local or global protocol?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

What is the main characteristic of LibCoin that can differentiate it from other similar projects, what are the complications to achieve combining the real world economy and the green energy transition, in addition to the tokenization of energy assets that other milestones have been proposed to achieve And what are your priorities, do you have a certified audit or are you planning to do it, what are the essential elements to achieve the long-term success and sustainability of Libcoin?

Telegram Username
@nhairym
Nhairy
Guest
Nhairy

They have mentioned that in the future they will focus on transferring the assets assigned by the foundation, based on the fact that this transfer will be made, there are still plans to operate in other countries apart from India, how long the road to green energy can be and what will be the strategies and incentives that will be applied to attract and promote investors who know both the financial part and the ecology, what is the origin of the initial capital, who are its liquidity providers and what are the mechanisms to raise funds that are suitable for… Read more »

Telegram Username
@nhairym
Ariana
Guest
Ariana

They say that by becoming a LIB token holder users can be part of the revolutionary green energy investment technology… could you share all the details about your participation in this kind of green programs? How does Libcoin contribute to energy saving and what kind of protocol does it use to achieve it? Are they involved in mining functions? How do Libcoin actions in general affect the crypto world?

Telegram Username
@Arisabela
Ariana
Guest
Ariana

As I understand, Libcoin is a platform still in development phases, it is no secret to anyone that achieving the support of stakeholders at this stage is very important, therefore, you must guarantee the security of your funds at all times, can you talk to us of your security protocol? Is Libcoin a conventional platform that will perform periodic audits or will you implement a more modern system? What guarantees do you offer to investors?

Telegram Username
@Arisabela
Enidice
Guest
Enidice

Seeing that LIBCOIN will be funding the construction of a Gigafactory specialized in manufacturing Lithium-Ion batteries aroused my interest. From my research, Lithium-Ion batteries are mostly used by EV’s. But an issue I observed is that EV’s are more expensive when compared to their gas-powered equivalents which thereby implies fewer users. So I would like to know if you have put this into consideration.. Will there be sufficient buyers to meet up with the supply of the Lithium-Ion batteries in the region where the Gigafactory innovation will cover so as to avoid waste and losses..?

Telegram Username
@Enioladice
Katbong Joy
Guest
Katbong Joy

I saw little information on Libcoin Foundation. Can you explain more on the LIbcoin Foundation? What are the roles and function of this foundations? Can individuals register to become part of the Libcoin foundation? Can you share on some of the benefits users who belong to Libcoin foundation receive? You also mentioned customers receive LIB token when buyin from partners, can an individual become a partner to Libcoin? What are some of the rewards for Libcoin partners?

Telegram Username
@Ritshimwa

Satoshi CLUB 2020-2021. All Rights Reserved