AMA Satoshi Club x Persistence, October 15th

We are pleased to announce our next AMA on October 15th 2020 at 02:00 PM UTC Time: Satoshi Club x Persistence

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

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Persistence 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. 4 Questions will be selected from our website – please submit your questions in the comments section of this post. 2 Question will be selected from Bitcointalk thread.

Part 2: 100$/10 users – Open chat for 80 seconds. You can post Max 5 questions. Persistence Team will select 10 questions and answer them.

Part 3: 300$ – A quiz about Persistence

For more details:
Persistence – @PersistenceOneChat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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Paul
Guest
Paul

Can you tell us what kind of real world assets can be tokenized?

Telegram Username
@PaoloMonte87
Paul
Guest
Paul

One common problem related to NFTs is their monetary evaluation. How will you manage to assess the actual price and its price evolution in time against any stable coin or crypto asset?

Telegram Username
@PaoloMonte87
Paul
Guest
Paul

Can you tell us more on how governance will be regulated on the Persistence platform and which parameters can/will be influenced by governance decision?

Telegram Username
@PaoloMonte87
Solace johnson
Guest
Solace johnson

PERSISTENCE?

I was intrigued when I saw the name of your project “persistence”.Wow,that sounds sexy.my question is this..Can you live up to this name “persistence”,{because I see the project is all about borrowing cryto assets using real world assets as collateral).How do you plan to do achieve this motto “persistence” considering the fact that real world assets is involved

Telegram Username
@HurricaneLad
Maksimov
Guest
Maksimov

One of your platform’s functions is tokenize real-world assets using NFTs to bring them on-chain into the DeFi ecosystem. What assets do you think are the most suitable for tokenization?

Telegram Username
@stekbyte
Maksimov
Guest
Maksimov

Your site has a list of top validators for your ecosystem. Is your cooperation with all validators formalized by concluded contracts? If so, is it possible to get acquainted with these documents?

Telegram Username
@stekbyte
Maksimov
Guest
Maksimov

The website reports that DApp Comdex, an institutional-facing commodities trading and trade financing platform, already handled over $ 39M in transaction volume since its launch. When was this DApp launched? What are your forecasts for the total volume of transactions for this year?

Telegram Username
@stekbyte
Bharat
Guest
Bharat

How to determine the technical readiness of corrosion inhibitors?

Telegram Username
Bharatgoyal1444
HuyVo
Guest
HuyVo

The Persistence mission is to facilitate seamless exchange of value around the world to increase the speed and efficiency of cross-border trade and financing to close the 1.6 Trillion financing gap. So what features Persistence do to achieve this?

Telegram Username
@huyvo87
HuyVo
Guest
HuyVo

Defi is amazing….as a concept. and it’s also amazing from the amount of hype and farming yields it generated. Do you think “use of only Cryptoassets as collateral” and “lack of infrastructure around holding Cryptoassets” is hindering adoption of DeFi?

Telegram Username
@huyvo87
HuyVo
Guest
HuyVo

As I know Persistence was created keeping in mind the very specific requirements of Institutional Open Finance. So can you tell me some of the core issues that Persistence addresses facilitating institutional adoption?

Telegram Username
@huyvo87
Bharat
Guest
Bharat

What is persistence?
How can it be understood in simple form and what will be the provisions made by you to motivate people in the coming time?

Telegram Username
Bharatgoyal1444
Bgjackson
Guest
Bgjackson

What is persistence? And how Asset Tokenization, Asset Exchange and Liquidity Aggregation working in this project?

Telegram Username
Bgjackson
Bgjackson
Guest
Bgjackson

How can we also be a part of this project and work with you and what qualification should we have to do that work?

Telegram Username
Bgjackson
Bgjackson
Guest
Bgjackson

Will you make this project related to doubts session like live session, privacy policy, youtube video for normal user and solution team conduct so that people can understand it easily?

Telegram Username
Bgjackson
Bharat
Guest
Bharat

Select list of top validators in our ecosystemsecure more than $700M USD worth of assets collectively and explain full Roadmap ?

Telegram Username
Bharatgoyal1444
Jacob
Guest
Jacob

As you said Defi today let the end user identity pseudonymous or use fictitious names, and Persistence on the other hand Anonymized but verifiable (Persistence whitepaper p.14).

The question is: Why do users have to do transaction on your platform that can compromised their identity when there is already existing Defi platforms that can offer the same with anonymity?

Telegram Username
@AmirJosh
Jacob
Guest
Jacob

Do the kind of business an MSME (Micro, Small, and Medium Enterprises) have will greatly affect the value of loan that they can get or it will be based on the collateral that the applicants will submit regardless of what business they are into?

Telegram Username
@AmirJosh
yihzymoney
Guest
yihzymoney

i’ve seen in your app that the asset type are “OBL, Deeds and Invoices”, can you explain it to the normal end user which are not familiar with the business terms. What are the other real world assets that is in your development timeline ?

Telegram Username
@yzmoney
ireneliew
Guest
ireneliew

The market for your product is geared towards enterprise and business users, what can you offer for the small scale investors on your platform?

Telegram Username
@ireneLSL
Rahul Tandon
Guest
Rahul Tandon

Can you give some features unique to Persistence One that places it ahead of its competitors? What in your opinion is the competitive advantage your platform has over the competitors that you feel most confident about ?
What do you think is the biggest problem Persistence One will solve that no other project is solving now, and why is the problem important to solve?

Telegram Username
@Rahul5730
Ardiv Jauhari
Guest
Ardiv Jauhari

Regarding the XPRT airdrop, what are the ratio of XPRT tokens that will be distributed for each of the eligible coins? (Atom, Kava etc)

Telegram Username
@ardivjauhari
Johana
Guest
Johana

What is the capital offer provided by Persistence for future investors to trust in this curious project?

Telegram Username
@Johana0012
Johana
Guest
Johana

Appreciating Persistence and how it has started (DeFi / OpFi) to solve corporate financial minorities, I finally want to know what is the goal that they have set for new capital to dive into cryptocurrencies?

Telegram Username
@johana0012
Johana
Guest
Johana

How has the Persistence platform been supported to allow the loan of Stablecoins?

Telegram Username
@johana0012
Winter
Guest
Winter

– How does the Persistence Asset Exchange work? How can I trade real-world assets? Do you mean stocks? Or literally physical products?

Telegram Username
@Winterkom
Winter
Guest
Winter

– What is the importance of Persistence Validators? Is it still possible to be a validator?

Telegram Username
@Winterkom
Winter
Guest
Winter

– How does Persistence ensure that a NFT really has the value of a real-world asset? Can anyone create their NFT? Or will they only be distributed by the Persistence core team?

Telegram Username
@Winterkom
Cristóbal Zamora
Guest
Cristóbal Zamora

Will we have mobile applications on the main platforms? (Android and Apple App Store)

Telegram Username
@Cristubista
Cristóbal Zamora
Guest
Cristóbal Zamora

Your project has an excellent focus, however my question is: Do you consider the future of the economy to be a combination of traditional finance and DeFi, or will this just be a process of transition to a fully crypto-decentralized economy?

Telegram Username
@Cristubista
Cristóbal Zamora
Guest
Cristóbal Zamora

Its integration with Western Union seems simply excellent! What other similar services do you hope to integrate into Persistence?

Telegram Username
@Cristubista
Alex
Guest
Alex

How does Persistence rate the importance of the user community? What was Persistence’s plan to build the user community?
Security is really important and valued by users. Would you mention Persistence security measures? What is special for your security? Are you audited

Telegram Username
@thuyvu12
Ross
Guest
Ross

How is calculated the price of the real world assets used aa collaterals in loans on the Persistence’s ecosystem? What data is used to get the price?

Telegram Username
@Rosane1a8
Ross
Guest
Ross

Persistence facilitates borrowing cryptoassets using real-world assets as collateral. How are those assets brought to the platform, is their bslue fully backed by the commodity somewhere?

Telegram Username
@Rosane1a8
Ross
Guest
Ross

Persistence bridges DeFi and traditional finance, this is a goal that many projects are trrying to reach, which ones do you think  would be using an approach similar to Persistence, and what is outstanding in  it?

Telegram Username
@Rosane1a8
Alice
Guest
Alice

Persistence? Why did you choose that as a name? Persisting on DeFi?

Telegram Username
@alice_wonderland12
Alice
Guest
Alice

I watched a map on your website with activity sites of Persistence, and according to that there is none in Africa and South America. As continents with predominantly developing economies, solutions like Persistance would be useful to citizens to store their money, saving and increasing value. How do you intend to reach that market?

Telegram Username
@alice_wonderland12
Alice
Guest
Alice

With Persistence we can Tokenize real-world assets using NFTs to bring them on-chain into the DeFi ecosystem. How is the supply and value of the NFT determined, can users trust them as having the actual asset?

Telegram Username
@alice_wonderland12
Cengizhan Tekin
Guest
Cengizhan Tekin

What major challenges of the industry do Comdex deal with? What kind of solutions does it provide? And on which parts of Comdex is Persistence used?

Telegram Username
@cengizhantekin
Cengizhan Tekin
Guest
Cengizhan Tekin

XPRT token is not promoted on your online resources as much as other projects. Isn’t the token important for you that much, or is it early for focusing on it?

Telegram Username
@cengizhantekin
Cengizhan Tekin
Guest
Cengizhan Tekin

Congrats on being awarded by ICF. Can you tell us which part of Persistence environment was awarded for what success?

Telegram Username
@cengizhantekin
rohit
Guest
rohit

how Persistence Protocol empowers Institutional Open Finance and how you solve inefficiencies in cross border payments and business financing ?

Telegram Username
@philicrohit
rohit
Guest
rohit

can you tell how Securitization of Debt or (Pooling of debt) work and hoe The returns on these asset pools are generated ?

Telegram Username
@philicrohit
rohit
Guest
rohit

how businesses and traders can draw loans against receivables in persistence ecosystem ? what are the minimum requirements to get these loans ?

Telegram Username
@philicrohit
Наталия
Guest
Наталия

You have combined DeFi and traditional finance. What exactly did you take for yourself from each segment and how did it benefit Persistence and your users?

Telegram Username
@NataliyaKil
Apocan
Guest
Apocan

Have you created the Persistence Chain form scratch or does it use infrastructure of any other known chain?

Telegram Username
@apocan99
Apocan
Guest
Apocan

NFTs are used on blockchain gaming projects very commonly. Persistence ecosystem uses it too which seems interesting to me. What is the mission of NFTs for you, and are they used on Persistence itself or used on the case studies?

Telegram Username
@apocan99
Apocan
Guest
Apocan

What is the importance of stablecoins for you? Do you already have your own built-in stable coin, or are you planning to have one in the future?

Telegram Username
@apocan99
Наталия
Guest
Наталия

According to the roadmap, in the second quarter of 2021, you plan to expand the set of validators. How many validators do you currently have and how many are you aiming to achieve in 2021? Will this be the final figure or are you planning to increase the number of vadidators in the future?

Telegram Username
@NataliyaKil
Termux Lucky
Guest
Termux Lucky

What is the Comdex dApp?

can you explain briefly
I was curious because I saw on Medium

Telegram Username
@Termuxnih

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