AMA Satoshi Club x Spintop (Voice AMA), April 18th

We are pleased to announce our next AMA on April 18th, 2022 at 05:00 PM UTC Time: Satoshi Club x Spintop (Voice AMA)

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

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

Part 3: 300$ – A quiz about Spintop

For more details:
Spintop Website – spintop.network
Spintop Telegram – @SpintopNetwork
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

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⬇️⬇️⬇️ Leave your comments bellow ⬇️⬇️⬇️

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Akram
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Akram

Could you keep us updated on how your mission in 2022? what SPINTOP TEAM have successfully done thus far?

Telegram Username
@fury35
Akram
Guest
Akram

❤️❤️❤️ In DeFi projects economic model is a core for sustainable growth and successful effect over time. In this sense, the system of fees and treasury become a basis on which this growth is based. I know that besides regular fee system Minterest also applies liquidation, interest and flash loan fees. Could you explain in which situations they are applied? Where do the collected funds go and how their budgetting can be monitored by the community? Thank you!

Telegram Username
@fury35
Akram
Guest
Akram

Partners are important to strengthen the ecosystem of all projects. Can you tell us about your project partners?

Telegram Username
@fury35
Essence
Guest
Essence

Spintop I read held a program called “Gamepedia Review Challenge”, could you please explain to me what this game review challenge was about? How may I join in the Gamepedia Review Challenge? Please explain to me. I read that there is a stake system structure wherein $SPIN is stake in the auto-compounding spinstarter vault to earn $SPIN. Could you please elaborate more on this stake of the same Token and earn of the same Token aspect? What is the use case of $SPIN? Is $SPIN a security token or a utility Token in Spintop ecosystem? Could you tell us the… Read more »

Telegram Username
@Billz120
Moses akpah
Guest
Moses akpah

Could you please elaborate on DEX for traders and investors who are concerned about the community?

Telegram Username
@mosesakpah
Kath
Guest
Kath

I read that The Spintop Team is dedicated to applying governance to the platform for true decentralized ownership. Can you share with us examples of aspects and parameters of Spintop that can be modified by the community? What kind of decisions can users make regarding the future of Spintop? You mentioned that for a user to create a proposal, a certain amount of SPIN DAO will be required, how much would that amount be? Will there also be a minimum amount of SPIN DAO required to participate in governance and have voting power?

Telegram Username
@KathDM
Abdulmajid
Guest
Abdulmajid

Taking my time in going through your platform, to summarize things up, I got to realize that Spintop is a gaming Hub that Contains four Badic products which are major products: GAMEPEDIA SPINDEX GUILD-MAKER MARKETPLACE Of all the products listed above, I would appreciate it if you can elaborate just a little bit about their functionalities and utilities in your ecosystem, what vital roles does these products play in your platform? What basic Features does these products posses? and how would they be of use and Benefits to users in your ecosystem? Are they all a 100% fully usable and… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

Please I would appreciate it if you can help in giving full details on your Single Staking pools and also liquidity Farming In your platform, how are they structured? Because while going through your platform I got to understand that Spindex is the liquidity solution for GameFi projects. Which includes liquidity pools of gaming tokens and SPIN pairs, liquidity farming to incentify liquidity provision, single staking pools to increase both SPIN’s and also partnered projets’ tokens. And also in the course of my research on your platform, I got to also Realize that SPINDEX also Has it’s own Wallet, well… Read more »

Telegram Username
@thisistoyin
Abdulmajid
Guest
Abdulmajid

Taking my time in going through your platform, to summarize things up, I got to realize that Spintop is a gaming Hub that Contains four Badic products which products are: GAMEPEDIA SPINDEX GUILD-MAKER MARKETPLACE Of all the products listed above, I would appreciate it if you can elaborate just a little bit about their functionalities and utilities in your ecosystem, what vital roles does these products play in your platform? What basic Features does these products posses? and how would they be of use and Benefits to users in your ecosystem? Are they all a 100% fully usable and Functional?… Read more »

Telegram Username
@thisistoyin
simon
Guest
simon

I have carefully observed in your plateform that, spintop is a defi hub for blockchain and also a gaming project which users can can stake and farm a gaming token.so how is a gaming token being accquire and also, is a staker being charged from his stakings.also how does the marketplace features works in terms of approving payments made by a trader

Telegram Username
Adebayo665
Achubasil
Guest
Achubasil

For a user to create a proposal, a certain amount of SPIN DAO will be required and all the collected tokens will be burned. Governance members will be able to accept or reject a proposal created by another member. The final decision will be determined if the percentage of votes for accepting the proposition is higher than a given threshold.
Can you please tell us how governance members will be made, will we need to aquire certain number of tokens through staking to be part of governance or will there be a governance token?

Telegram Username
@achubasil
Samuel Geoffrey
Guest
Samuel Geoffrey

As a beginner who is interested in your project
Can you please outline the different Blockchain
Your token is listed on and how I can purchase your token now?

Telegram Username
@crptorianlord
Samuel Geoffrey
Guest
Samuel Geoffrey

What are the benefits of holding your token for a long term?
What makes your project outstanding and different from others in the Crypto space?
Where do you see your project in the next 3years?

Telegram Username
@crptorianlord
Samuel Geoffrey
Guest
Samuel Geoffrey

Can you tell us a bit more about the tokenomics? It Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team???

Telegram Username
@crptorianlord
Jesus Freites
Guest
Jesus Freites

One of their products, Gamepedia, is a community-driven gaming guide that prioritizes UI/UX along with the social aspects of blockchain gaming. But how will Gamepedia help users have a say in game improvements and have these ideas taken into account? Will Gamepedia help provide early access to new games being released?

Telegram Username
@JesusFre1tes
Jesus Freites
Guest
Jesus Freites

I read that SpinStarter is a blockchain game incubation platform and launcher developed by Spintop. But what is the real innovative idea and new paradigm that SpinStarter brings to provide a launch pad that benefits users and investors at all scales?

Telegram Username
@JesusFre1tes
Melissa
Guest
Melissa

You have commented that users will be able to enjoy numerous benefits by staking the $SPIN token, among these benefits, staking SPIN will give users the chance to receive whitelist spots and airdrops of the new game projects. That is a very important use case for the token. As for the whitelist spots, will those users who have larger bags of the $SPIN token have a better chance of being chosen? Or will all users have the same chance of being chosen no matter how many tokens they have? And, is there a minimum amount of SPIN tokens needed to… Read more »

Telegram Username
@ItsMelissa3
Daud wijaya
Guest
Daud wijaya

I have followed Spintop for sometime now and your Launchpad bas just been released in the last couple of weeks and I see quite a number of good projects have held their IDOs in Spintop.

Can you share the efforts and strategies Spintop has employed to successfully launch good IDOs in such a short period of time after it’s Launchpad release? What are the challenges you see in the future with quite a huge number of competing Launchpads out there?

Telegram Username
@DaudW
Daud wijaya
Guest
Daud wijaya

To lead the Launchpad competition, one must showcase a true distinctive features amd quality for its investors.

Please share with us the unique amd distinctive features Spintop has over the other Launchpads? And can you share with us the mechanism for joining IDO in Spintop, like the Tiers and minimum investment?

Telegram Username
@DaudW
Blessing
Guest
Blessing

After making my research on SPINTOP, I understand that SPINTOP network envision creating a single platform that unites the scattered blockchain gaming world. I further understand that wether as an investor, game developer, gamer, Spintop has the tools needed to experience blockchain gaming to its fullest. Can you explain about the tools/features implemented on the platform to help the platform accommodate gamers, investors and game developers and as well give SPINTOP a standing edge amongst major GameFi flagships? What does an investor, gamer, game developer need to get started on SPINTOP network?

Telegram Username
@Blessingchum
Blessing
Guest
Blessing

On the SPINTOP’s roadmap, the goals listed for this second quarter (Q2) of 2022 includes; Spinstarter Launch, Spindex Exchange Launch, Spintop Profiles and Guild Maker Launch. How do you aim to achieve this quarter’s goals? So far, how has been the progress in achieving the goals listed for this quarter(Q2)? Is any of these products ready yet? Lastly, what is the SPINTOP’s profile that was listed amongst Q2’s goals and how does it work?

Telegram Username
@Blessingchum
Blessing
Guest
Blessing

Amongst the products of SPINTOP’s network, is the SPINDEX exchange- which is the Automated Market Maker (AMM) and decentralized exchange (DEX) of the Spintop Network that allows any pair of GameFi tokens to be exchanged, initially on the Binance Smart Chain.Apart from swapping GameFi tokens, what other utilities does the exchange serve? What are the fees charged when a user swaps his/her tokens? how will the trading fees be allocated in the ecosystem? Does SPINDEX support Staking of GameFi tokens? Since Spindex is initially built on BSC;Are there any reasons as to why BSC was chosen for a start? are… Read more »

Telegram Username
@Blessingchum
Sanyaolu
Guest
Sanyaolu

Going through your documents, I read that the SPINDEX’s liquidity pool uses the XYK model (x*y=k). I actually don’t know about the XYK model. Please breakdown the meaning of the XYK model. How does it work? What does each parameter (X,Y and K) mean? What are the benefits of the XYK model to the exchange and the liquidity providers? How can I be a liquidity provider on SPINDEX exchange and what benefits do I get?

Telegram Username
@jameslekan664
Sanyaolu
Guest
Sanyaolu

Let’s talk about “Spinstarter” (Tierless GameFi Launcher & Incubator Platform). Most blockchain launchpads have tiered systems that create high barriers of entry for the majority of people. I will like to know how Spinstarter works to create a tireless and permissionless Launchpad/Incubation system and provide equal pool weights for all contributors. How about keeping the allocation fair for all users? Have you set a minimum/maximum amount of contribution per user in the Spinstarter Vault? If yes, what is the minimum and maximum $SPIN tokens a single user can contribute in the vault?

Telegram Username
@jameslekan664
David Goog
Guest
David Goog

Why the name “Spintop”?

Telegram Username
davidgolar
David Goog
Guest
David Goog

Can you tell more about Spindex and SpinStarter?

Telegram Username
@davidgolar
Sam
Guest
Sam

What is your future goals? Is you launch your own nft in marketplace

Telegram Username
@Samkumar0
Sanyaolu
Guest
Sanyaolu

It was stated that “SpinStarter Vault” is the staking ground for $SPIN holders to earn IGO allocations. By staking to the contract, $SPIN holders will benefit from both auto-compounding interests from single-staking SPIN pool rewards and IGO allocations from the corresponding project. How is the IGO allocation calculated for each user that have staked the $SPIN tokens? Can you tell us a little about the auto-compound feature too? Summing both the IGO allocation and autocompouding interest up, what is the estimate of the total APY tied to staking $SPIN? Lastly, what is the minimum/maximum amount $SPIN tokens that can be… Read more »

Telegram Username
@jameslekan664
Essence
Guest
Essence

Hi Spintop-i find it a bit confusing and difficult comprehending your ” stake system of which $SPIN is stake in the Auto-compounding Spinstarter vault to earn $SPIN and not any of the other two Tokens mentioned on your e-literature ( $KING & $ERTHA)? hence your clarification, Why would $SPIN be staked for $SPIN to be earn again ? Please clarify me on this. And I learnt you held a program called “Gamepedia Review Challenge” , Could you please educate me what this challenge’s all about? Was this challenge rewarding to the participants? What was the reward package for the winner… Read more »

Telegram Username
@Billz120
Lydia-Flower
Guest
Lydia-Flower

Looking at the Spintop’s reward allocation mechanics. While going through your Docs, I came across some calculations on how the allocations are made for users but I am not quite clear about the calculations as it seemed more mathematically inclined. Could you tell us more about the “Allocation Mechanics” and how the rewards are calculated? Could you simplify the allocation formulas stated on your website as well as the variables used?

Telegram Username
@Enioladice
Lydia-Flower
Guest
Lydia-Flower

Looking at Spintop’s IGO process; it consists mainly of five rounds as mentioned on your Docs and they are listed as follows; – Pre Contribution round – Contribution Round – First Come First Serve (FCFS) – Allocation Round – Vesting Round Please elaborate on each of these rounds. How long will each round take to be complete? Generally, how long will it take for the totality of the IGO process to be complete? How will a user claim allocation in the allocation round? How does the First Come First Serve (FCFS) round operate? Which set of users can participate in… Read more »

Telegram Username
@Enioladice
Lydia-Flower
Guest
Lydia-Flower

Play-to-earn has been one of the biggest innovations in blockchain gaming and has been growing exponentially ever since the early days. However, there is still an entrance barrier to acquiring the initial NFT’s which can go up to thousands of dollars. In Guild Maker, Spintop aims to break these barriers by introducing the scholars (players) who are willing to play these games with the sponsors (NFT owners) who don’t have time to play the games with multiple assets. Lovely development, I must admit. Can you shed light on how the Guild’s operations will be coordinated? What is the minimum amount… Read more »

Telegram Username
@Enioladice
Danylko UA
Guest
Danylko UA

Hello Spintop team!

From the P2E aspect of Spintop, I got to know that “Guilds” comes along with “Guild Vaults”. Guild vaults was defined as a matching mechanisms aiming to socialize play-to-earn process. Can you explain how the “Guild Vaults” work? What features were implemented on the “Guild Vaults” to render it a matching mechanism that will socialize P2E gaming/process? Furthermore, I observed two kinds of “Guild Vaults”; Private and Public Guild Vaults..What are their differences and operations? Who will be in control of both categories?..Can I possibly tag “Guild Vaults” as a DAO?

Telegram Username
@Danylko_UA
Danylko UA
Guest
Danylko UA

Hello Spintop Team!

My question is pertaining the Guild’s rating system. I observed two rating system that Guilds could utilize in order to position themselves among other guilds. These rating systems are; NFT rating (NR) and Scholar rating (SR). How is the NR and SR ratings of various guilds determined? Is the ratings dependent on the number of NFT’s/Scholars that each guilds consists of or are there other factors put into consideration? You wrote about NFT’s intrinsic value, please what does this mean?..Will there be provision for Guild’s leaderboard so that users can see the most active and best Guilds?

Telegram Username
@Danylko_UA
Danylko UA
Guest
Danylko UA

Hello Spintop team!

My question is pertaining the Spintop guild’s control mechanism. From my research, I observed that Guild’s control could be intitiated in two major ways which are; using NFT rating (NR) and using Scholar rating (SR). First off, what are the types of controls that can be initiated in Guilds? How can these controls be initiated using either the NR or SR? What is the essence of guild control mechanisms on the platform and how does it help in increasing the overall user’s experience?

Telegram Username
@Danylko_UA
Queen Mary
Guest
Queen Mary

Giving that blockchain gaming projects are widely scattered around the web, and Many of these gaming projects uses their own tokens, now considering the fact that players are forced into the adaptation of multiple platforms and forced with Holding of Unusable tokens from those different games, Which makes it almost impossible to play multiple games and utilize their tokens, I would like to know how Spintop provides lasting solutions to these Surging problems. What could be the Utilities of your tokens $SPIN across your platform? How about the Decisions in your platform? Who gets to make decisions? Do you have… Read more »

Telegram Username
@QueenMary_NFT
Queen Mary
Guest
Queen Mary

You have a really big Platform at hand, kudos to your team and developers. Giving that Spindex is the liquidity solutions for GameFi projects, therefore I would like knowing more about the Governing system across your platform, does investors in your platform have any rights to partake in any decision making in your project? I would also like to know about your various marketing Strategies giving the fact that you already have four Products in place, how do you intend to bring these products to it’s targeted Audience across the blockchain realm? What would be the advantages available for gamefi… Read more »

Telegram Username
@QueenMary_NFT
Samil
Guest
Samil

nice

Telegram Username
@samil509
Queen Mary
Guest
Queen Mary

Out of your products, I noticed that you’d also be featuring An NFT Marketplace, where Players, developers, investors and guilds will be able to list their gaming NFTs there to sale and rent. Keeping these in mind, can you explain to us the sorts features that your marketplace possess? How easy is it for Players, developers, investors and guilds to be able to list their gaming NFTs in the Marketplace? Is there any percentage cut (Fees) that is been remitted or paid to Your platform for each transactions that takes place In the Marketplace? And i will also like to… Read more »

Telegram Username
@QueenMary_NFT
Mudara
Guest
Mudara

One utility of $SPIN is to apply for scholarships. What are these scholarships? What is the minimum $SPIN amount needed to apply for a scholarship? In addition, users can earn reward tokens by staking in both Spindex Pools and Yield Farms. What is the most beneficial option?

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

You have three main products, Spindex, SpinStarter and Guild Maker. Please elaborate more on differences among these products. When choosing an option to invest, what type of facts should we consider? Can a single user invest in all these products?

Telegram Username
@MudaraSilva
Mudara
Guest
Mudara

I saw that Spindex Exchange will be launched within this quarter. Please give a sneak peek of your exchange. Is it similar to existing cryptocurrency exchanges? What type of features will be available? Do you offer a P2P platform like Binance P2P? When will the exchange be launched?

Telegram Username
@MudaraSilva
Grace
Guest
Grace

You mentioned that blockchain launchpads have tiered systems that create high barriers of entry for the majority of people. SpinStarter brings a fresh egalitarian approach to remove these hurdles and SpinStarter works as a complete tierless and permissionless system, lowering the barriers of entry for everyone to provide equal pool weight for all contributors. What are the barriers of entry you noticed in the tiered systems of blockchain launchpads? How do you plan on lowering these barriers to provide equal pool weight and how will SpinStarter work to create a complete tireless and permissionless system?

Telegram Username
@GracieEne
Mr.Real
Guest
Mr.Real

Security is at the forefront of all old and new projects, attacks are frequent and even with the best known blockchains, how does your project prevent this from happening?

Telegram Username
@realsmile1100
Grace
Guest
Grace

Spintop is the next generation blockchain gaming hub that aims to utilize the new tools of web3 to offer a comprehensive experience for players, traders and investors. I read that Spintop aspires to guide, discuss and supply through blockchain gaming and that the ecosystem of Spintop is designed as a gaming hub that allows players to exchange their tokens, NFTs, and reviews. How will you go about guiding, discussing and supplying through blockchain gaming? What are some of the features in this gaming hub? Are there some kind of rules/punishments in the gaming hub? How effective is the exchange of… Read more »

Telegram Username
@GracieEne
Mr.Real
Guest
Mr.Real

Non-crypto user is very important for mainstream adoption. How you are planning to attract non-crypto users towards your project? Is there any upcoming partnership that will brings non-crypto user and real-use case?

Telegram Username
@realsmile1100
King
Guest
King

What are the attractive features in your launchpad? What is the vision and goals in your project that you want to achieve in 2022 and beyond?

Telegram Username
@nickname10100
King
Guest
King

PARTNERS are the most important that strengthen the ecosystems of all Launchpad. Could you tell us about your project partners and the partnership strategy it has adopted?

Telegram Username
@nickname10100
King
Guest
King

The utility of the token is one of the factors that gives credibility to a project. So what is the utility and role of the $SPIN token in the ecosystem?

Telegram Username
@nickname10100
Mr.Real
Guest
Mr.Real

Can you share to us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?

Telegram Username
@realsmile1100

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