Educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from Trodl. The AMA took place on February 27th, 2021 and our guest was @cs_trodl.
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Gold Rocket | Satoshi Club: Hello, dear Satoshi Clubbers! We are pleased to announce our AMA with Trodl Today our guest is @cs_trodl!😊
Andrés M. | Satoshi Club: @cs_trodl it is an honor for us to have you here today. How are you?😃
Gold Rocket | Satoshi Club: Welcome to Satoshi Club, @cs_trodl!
Kuldeep | Trodl.com: Hey thanks for having us today its our pleasure to be here 🙏
Gold Rocket | Satoshi Club: Thanks for joining 👍
Andrés M. | Satoshi Club: Let’s make an exciting and interestings AMA session for the community 🥳@cs_trodl Could you introduce yourself and tell us more about Trodl Wizard?
Kuldeep | Trodl.com: Excited for the AMA
Andrés M. | Satoshi Club: Same 😁
Kuldeep | Trodl.com: Hello everyone, My name is Kuldeep Singh and I am the founder and CEO of trodl.com. Trodl is the next generation crypto information platform designed to connect the world with the future of finance. It is the first fully interactive crypto information platform designed to be your gateway to the crypto world.
Gold Rocket | Satoshi Club: Sounds good👍
Andrés M. | Satoshi Club: How this idea came to your mind? I mean to create a platform of this type
Kuldeep | Trodl.com: Scattered crypto information and lack of interactive crypto information platform are proving to be a major entry barrier for crypto mass adoption. We wanted to create a crypto information platform which is fully interactive and has best user experience to offer and thats how we started building trodl almost a year back.
Andrés M. | Satoshi Club: Amazing idea, definitely we need more ideas like that to increase the adoption of cryptos
Kuldeep | Trodl.com: Well every crypto startup is trying to build next DeFi mania but very few working to create a platform which solves basic level problems such as scattered crypto information, improved better experience and transparen flow of information
Gold Rocket | Satoshi Club: That is, it is somehow connected with social networks?
Kuldeep | Trodl.com: Well i would say its an advanced version of reddit + telegram fully packed with crypto information
Gold Rocket | Satoshi Club: I think this should be a very promising resource.
Andrés M. | Satoshi Club: Which benefits it offers different to that social networks that you mention?
Kuldeep | Trodl.com: So trodl is next level crypto information platform which allows its users with all the required crypto information in one place. A fully interactive platform that allows users to connect with seasoned crypto traders, follow their crypto portfolio, and purchase price signals with confidence.
Andrés M. | Satoshi Club: I agree with you, actually I’m excited to prove your platform 😁
Kuldeep | Trodl.com: You would love it!
Gold Rocket | Satoshi Club: thank you for your intro! ready to proceed to the questions from Satoshi Clubbers?😊
Andrés M. | Satoshi Club: Let’s go @cs_trodl
Q1 from Telegram user @lzamg
Can you tell us about the trodl points (TRP)? Is this the project’s native token? Can you explain with more details about the utilities of TRP? Where and when will we be able to acquire TRP?
Andrés M. | Satoshi Club: Good question
Kuldeep | Trodl.com: Sure so Trodl Points ( TRP ) is the native token of trodl ecosystem. TRP is used for Platform utility, user incentive and platform governance. Users can earn TRP in several ways, by building up reputation on the platform, by staking, by contributing accurate and verifiable crypto information. TRP can also be staked to mint Trodl Credit which can be used to pay for post boost, advertisement, Transaction Fees and mint NFTs.
Andrés M. | Satoshi Club: How many tokens is the minimun amount for staking?
Kuldeep | Trodl.com: Users can stake as low as 100 TRP
Gold Rocket | Satoshi Club: Tell us please about your tokenomics btw
Kuldeep | Trodl.com:
Here are some of the major use cases of TRP
Here you can check complete tokenomics https://drive.google.com/file/d/12G-QSmynknuqTnZEyrjm_W2hzzLnbLwx/view
Gold Rocket | Satoshi Club: nice use cases👍
Kuldeep | Trodl.com: We call it Trodlnomics 😊
Andrés M. | Satoshi Club: Haha yes 😁
Gold Rocket | Satoshi Club: good find😁
Andrés M. | Satoshi Club: And how is posible to create a reputation in the platform? do you have a like and dislike system or something like that?
Gold Rocket | Satoshi Club: Thanks for the answer! Ready for the next question? Or do you want to add something?
Kuldeep | Trodl.com: Trodl reputation is the secret sauce to keep trodl spam free and encourage users to only share relevant and verifiable content. Sure
Andrés M. | Satoshi Club: Thank you for the answer
Q2 from Telegram user @magnatech_ve
The first phase of the project talks about monetizing direct messages, can you explain a little how that function will be? Will the community be in charge of conducting the massive tests?
Kuldeep | Trodl.com: Trodl DM monetization feature allows users to put a paywall on their DM which acts as a filter from unwanted messages. So for an example i can only allow people to message me if they are willing to pay me $100 for my 30 seconds of time by doing this i will only get messages from genuine parties and i can then decide if i wanna refund back the fees or keep it. You all must have encountered tons of messages on telegram asking for $10 worth of ETH or send me 1 ETH and will send 10 ETH back schemes. No more spamming and no loss of business either
Gold Rocket | Satoshi Club: lol! this is very smart! 😁
Andrés M. | Satoshi Club: Ohh great feature, so many people could use the platform as a work
Kuldeep | Trodl.com: Exactly!
Andrés M. | Satoshi Club: So, users can charge a fee to show their posts and trading advices with the community?
Kuldeep | Trodl.com: Yes so content creators can monetize their content with over 100 crypto assets
Gold Rocket | Satoshi Club: Your website says that the community is validates content. How to do it?
Kuldeep | Trodl.com: Unlike twitter and telegram where so called crypto influencers always get away with false and incorrect content by simply deleting it. Trodl allows users to counter any information shared on the platform by staking TRP to back their claim. If the counter is true original content creator gets penalized and the users who countered the content gets incentivised. So if i post something which is factually incorrect users can counter me and i will get penalized for being wrong
Andrés M. | Satoshi Club: The platform is only for crypto information or the users can post info about whatever they want?
Kuldeep | Trodl.com: Its just for crypto
Gold Rocket | Satoshi Club: Thanks for the answer! Please tell us more about your team! I saw on the site these are pretty young guys😊
Gold Rocket | Satoshi Club: What functions do they perform, how many people?
Kuldeep | Trodl.com: Haha sure. Lead by me and Vinod, a team of 7 full time members are building trodl at rapid pace. We also have 3 contract employees. Imagine Patreon powered by your favorite crypto
Andrés M. | Satoshi Club: I like so much the idea. Haha yes, spam messages are something common in Telegram
Gold Rocket | Satoshi Club: This means that the user have to be a very popular person so that everyone wants to pay for communication with him
Kuldeep | Trodl.com: Exactly so lets say i wanna reach out to a crypto VC through trodl platform i am happy to pay $100 as i know my message won’t go their spam folder and high chances i will get my money back.
Gold Rocket | Satoshi Club: now the meaning is clear to me.
Andrés M. | Satoshi Club: So interesting, that’s what I need here 😁
Gold Rocket | Satoshi Club: Thanks for the clarification😉 ready for the next question?
Q3 from Telegram user @Highpee
The Total supply of $TRP is 1,000,000,000 and only 25.50% of this is allocated for token sale. Out of the 25.50% of Tokens allocated to sale, 18% of it has already been distributed in a seed and private sale and you are only going to make 3% of sale allocation available to the public through an IDO that will be determined later. Who are those who participated in the seed and private sale and how are you going to ensure they won’t dump the token to the detriment of other public investors when the price is favorable to them? Lastly, when and how do you intend to carry out the public IDO?
Kuldeep | Trodl.com: Ok so let me take a moment to answer this
Andrés M. | Satoshi Club: Take your time
Kuldeep | Trodl.com: Unlike many IDO projects now a days we have been building trodl for over a year now and we have a fully working product. We raised our early backers round in Mar, 2020 followed by seed later in 2020. All of our seed and private investors are industry heavy weights who are not looking for short term gains. Some of our backers include, Etiënne from TRGC, Mantrdao, Jeff from Trustswap, Altcoinbuzz Founder, Boxmining, Kenzi from AU21 Capital. Since we aren’t raising big most of the investors had to join in their individual capacity.
Andrés M. | Satoshi Club: A very clear answer
Kuldeep | Trodl.com: We have offers from several leading IDO launchpads and we will take a decision on this in next couple of days😊
Andrés M. | Satoshi Club: So about it have you auditted the project?
Kuldeep | Trodl.com: We will go through dual audit before we go live!
Andrés M. | Satoshi Club: Great, it is a great topic to increase the trust of the users
Kuldeep | Trodl.com: We are also backed by the founder of https://www.zokyo.io/ a leading a market-leading blockchain technology company with a mission to secure and build Web 3. Yes i totally agree on that and security is our top most priority.
Andrés M. | Satoshi Club: Congratulations for for giving the importance it needs
Gold Rocket | Satoshi Club: thanks for the answer. ready for the next question?😉
Kuldeep | Trodl.com: Always
Q4 from Telegram User @Z0ryan
Based on your roadmap, you have decided to collect all the market trends on one platform – DAO, Launchpad, NFT Marketplace, Crypto Games, Prediction Marketplace, Crypto Information Platform etc. And all this should be launched by the end of 2021. It seems that these are the plans of a huge corporation. Tell me, how many people are working on all this and how much do you estimate the possibility that you may be late with something?
Kuldeep | Trodl.com: Great question so as i mentioned before we have been working on the platform for over a year now and we have already completed development of main platform and we have also plugged in a contractual team to help us speed up the development process and we are very confident of delivering everthing as per roadmap.
Andrés M. | Satoshi Club: I read at your Trodlnomics about Trodl Pro that will be launched in Q3 of this year, could you explain more about that? Trodl Pro* what it means? which features it will have?
Kuldeep | Trodl.com: Sure. Trodl pro allows users to go completely add free and enjoy full access to various technical indicators.
Andrés M. | Satoshi Club: Oh great, so they’ll have the option to acces of the complete features of the platform, how much it will cost for users?
Gold Rocket | Satoshi Club: Your roadmap says about crypto games, it’s very interesting, how will this be implemented?
Kuldeep | Trodl.com: So we believe crypto gamification can help users learn things much faster and simulate with dummy data before betting with real money and keeping that mind we will be introducing several fun games which will allows users in understanding crypto and trading in a fun and simplified way.
Gold Rocket | Satoshi Club: good feature! 👍 Thank you very much for the answer. Can we proceed to the next question?😉
Kuldeep | Trodl.com: Absolutely
Q5 from Telegram user @Antoni_azx
So far I really like Trodl website and its minimalistic design, but I feel like there’s a lot of valious missing information on Medium and the access to a whitepaper, do you have one? What is Trodl’s principal announcement and informative channel?
Kuldeep | Trodl.com: Yeah so we have been kind of building in stealth mode until now and getting the product right has been our main focus but i see where you coming from we will soon make an official medium announcement with a detailed post about trodl and all the features which you can expect at launch. You can subscribe to our medium blog at https://blog.trodl.com/ or join our announcement channel @trodl_ann to stay upto date.
Gold Rocket | Satoshi Club: please do not forget to share with our community
Andrés M. | Satoshi Club: Yes, we will be waiting for news about it
Kuldeep | Trodl.com: Definitely 👍
Andrés M. | Satoshi Club: Now we have the last question of the part 1 😃
Q6 from Telegram user @victorogb
Trodl has made a bold step by venturing into a niche content validation and publications which is quite popular within the crypto/DeFi space. However it seems only contents that have high Trodl staking points from validators are deem as “accurate and right”. Don’t you rather think this validatory process alone wouldn’t be totally efficient, being that the validation is left entirely to the validator/user who stakes Trodl points, and are there other validatory processes aside from that stated above?
Kuldeep | Trodl.com: Waitlist submission is live at https://trodl.com/ those who wanna be part of closed beta testing can jump on and fill the form. We have an exciting gift for the first 50,000 users which we will announce in near future. Trodl validators are normal users who wants to take part in content validation and to make them accountable for their actions its important to have something at stake. Every validator will be staking a fixed amount of TRP.
Part 2 — live questions from the Telegram community
Q1 from Telegram User @cengizhantekin
✅ I see an NFT target on your roadmap. What is your plan with NFTs?
Kuldeep | Trodl.com: So on trodl every community has its own meme collection where users can contribute memes and by integrating NFT marketplace we provide opportunity to meme creators to monetize their work.
Q2 from Telegram User @adamlike
Do you require KYC confirmations for investing on your token and project for presale?
Kuldeep | Trodl.com: It depends on which IDO platform we launch.
Q3 from Telegram User @nadee5
💧Can I know the minimum amount of TRP to stake to become a validator ?
@cs_trodl
Kuldeep | Trodl.com: Any user can become a content validator on trodl by staking 10,000 TRP
Q4 from Telegram User @Sumione
What are the ways to buy $TRP ? how do I join your public sale
@cs_trodl
Kuldeep | Trodl.com: Hey so we will publish more information about this in coming days you can join our group @trodl or subscribe to @trodl_ann for latest announcements from the team
Q5 from Telegram User @Kushal85127939
Q How Trodl team assist Publisher? Is there any Whitepaper or videos for beginners?
Kuldeep | Trodl.com: If you have used medium or LinkedIn you will find trodl publisher dashboard very familiar and we will also publish a video in this regard.
Q6 from Telegram User @alice_wonderland12
🔥How is the signal trading experience in Trodl? What is the minimum profit average that a trader would need to be allowed to give signals? Also, this reputation, would it be settled solely by the community, or will the team have some participation in here? Considering that the community is not necesarily an expert in this terms
Kuldeep | Trodl.com: Hey so we will allow traders to import their previous trading history which will help them in setting up their initial reputation on the platform also they can start with free signals which will help in building reputation. There is no minimum % gain threshold as buyer will be able to see the profit potential before they unlock the signals and they can decide if they wanna unlock signals which have lower % of gains or not.
Q7 from Telegram User @nadee5
📌Can I know more about “Trodl Credit” ?
@cs_trodl
Kuldeep | Trodl.com: Trodl Credit is the currency used to pay for advertisement and services on trodl platform the only way you can get hold of Trodl Credit is by staking TRP.
Q8 from Telegram User @centoscu
How is the governance vote works on Trodl ecosystem and what do I need to have a governance vote privilege?
Kuldeep | Trodl.com: Unlike other social media platforms which are controlled by board of directors and CEOs Trodl platform will be governed through TRODL DAO, enabling decentralised control and evolution of trodl ecosystem.
Q9 from Telegram User @Emmie971
How will you ensure that you gain new users steadily; do you have a strategy to attract people?
@cs_trodl
Kuldeep | Trodl.com: We have a solid go to market strategy in place and along with our strategic partners we are very confident of attracting thousands of users.
Q10 from Telegram User @Kushal85127939
Q Can you please give us an overview of Trodlenomics? And is there any plan for TRP native tokens burn, mint, or issue new tokens in future?
Kuldeep | Trodl.com: Trodl Points has a fixed supply of 1b TRP out of which 25.5% tokens have been allocated for sale, 40% ecosystem reserve, 20% team funds, 12% for liquidity and marketing and 2.50% for strategic advisors. We will introduce a burn mechanism in near future. You can read the complete tokenomics at https://drive.google.com/file/d/12G-QSmynknuqTnZEyrjm_W2hzzLnbLwx/view
Part 3 – Quiz Results
In the final part we tested your knowledge in terms of Trodl. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
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