Caketools.io x Satoshi Club AMA Recap from 16th of November

Caketools.io x Satoshi Club AMA Recap from 16th of November

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Caketools.io and our guest was @Mr_Josh45 – representative of Caketools.io. The AMA took place on the 16th of November.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Caketools.io! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Greetings dear Satoshi Club! ❤️ Our today’s guest from Caketools.io is @Mr_Josh45

Mary | Satoshi Club:
@Mr_Josh45 welcome to Satoshi Club 😀

Mr josh:
Hello everyone.

Pleased to be here.

Gold Rocket | Satoshi Club:
Thanks for joining❤️

Mary | Satoshi Club:
Hello, Mr.Josh! Happy to see you here today 🤗

Gold Rocket | Satoshi Club:
Nice to e-meet you 😊

Mr josh:
Nice to meet you too.

Mary | Satoshi Club:
How’s going?

Mr josh:
We can proceed now, please.

Mary | Satoshi Club:
Sure!

Let’s start with the intro 👏

Gold Rocket | Satoshi Club:
Let’s start! Introduce yourself, please. How did you get to be involved in crypto & Caketools.io?

Mr josh:
My name is Joshua Otti co-owner of cake tools, I’m a 5 year veteran of online marketing and stock trading who has more recently turned to share my experience, strategy, and knowledge with the cryptocurrency world, both as a trader and adviser, Providing extensive, in-depth and analytical advice and insight at all levels and has previously supported a host of successful projects helping them to generate tens of thousands of bitcoins and other cryptos.

Gold Rocket | Satoshi Club:
Tell us please about your position in Caketools.io.

Mr josh:
I’m the co-owner of cake tools labs Ltd.

Gold Rocket | Satoshi Club:
Wow! excellent background🔥

Give us a brief introduction to the project. What is the essence of Caketools.io?

Mr josh:
Caketools is the BSC charting hub that allows users to fetch real-time charts to analyze markets movements track the growth of all BSC projects and develop profitable investment strategies.

Mary | Satoshi Club:
Do you track all projects or do they need to be listed on Caketools?

Mr josh:
We can track all BSC projects.

Gold Rocket | Satoshi Club:
Also, we would like to know more about your team. Who is on the project team core?

Mary | Satoshi Club:
Great!👏

Mr josh:
They don’t necessarily need To be listed on caketools.

Mary | Satoshi Club:
It’s really good! An important part for all users!

Gold Rocket | Satoshi Club:
These are really user-friendly tools👏

Mr josh:
We have 5 full-stack developers, CMO, a product designer, and 5+ community managers.

Gold Rocket | Satoshi Club:
Is your team anonymous?

Mr josh:
Also, our team is not anonymous.

We have been fully vetted as well.

Gold Rocket | Satoshi Club:
Great news! thanks! 😁

Mary | Satoshi Club:
Cool, mostly BSC projects like to have anon teams😀

Thank you for your intro! We choose 6 questions from our community for the first part of our AMA 🚀

Mary | Satoshi Club:
Ready for them?

Mr josh:
Our team is not anonymous.

Yes, please.

Q1 from Telegram user @Arisabela
Cake Tools has a function to visualize and track the rhythm of the whales in the crypto market, could you tell us if you also have a system to protect our funds from this type of market manipulation? What advantages does the project offer to less experienced users? Is it possible for the platform to make live warnings and possible suggestions?

Mary | Satoshi Club:
Yes, I understand, that’s why I think you’re cool😀

Mr josh:
We are fully committed to providing safe services and products that is why we are working closely with the top 2 Blockchain’s auditors like certik and solidity finance who will assist in checking the safety of our smart contracts.

Mary | Satoshi Club:
You choose the best!

Mr josh:
That’s right.

Furthermore, we are committed to serving the oldies in the crypto space and also the newbies.

Our services are designed for all.

Mary | Satoshi Club:
What about warnings and suggestions? Do you take this responsibility to make them?😀

Can you explain to our users what whales rhythm can show them?😀

Mr josh:
No, we do not take responsibility to make warnings as the crypto market is very volatile, so we believe our community understands the things involved.

Gold Rocket | Satoshi Club:
Gotcha 😀

Thanks for your answers and clarification😊

Mary | Satoshi Club:
Thank you for your answers! Ready to proceed?🚀

Mr josh:
Yes, please.

Q2 from Telegram user @chinyere2020
The main features of Caketools are; “Trade DeFi Tokens”, “Token Browser”, “Wallet Tracker” and “Whale Swap” but another feature that I saw which caught my interest is “CKT Bot”. Can you list and explain the features and functions of the CKT Bot? What can users of Caketools use CKT Bot for? Will this feature be accessible by all users or will it be limited to specific users? If it will be limited, what are the conditions/requirements that users must meet to be able to access CKT Bot?

Mary | Satoshi Club:
👀

Mr josh:
Our ckt bot will auto trade for our community, so you don’t have to run trades manually, this will be one of our premium features which we will be announcing and releasing as we proceed, we will also make known the conditions of been in our VIP group to access the premium feature.

Mary | Satoshi Club:
When approximately do you plan to release this feature?

Mr josh:
It will be available one month after launch.

Mary | Satoshi Club:
Got it! Thank you!

Gold Rocket | Satoshi Club:
How to become a member of a VIP group for a premium feature?

Mr josh:
You’ll need to hold a certain amount of caketools.

Mary | Satoshi Club:
👍

Thank you for your answers! Ready to go to the next question?

Gold Rocket | Satoshi Club:
Thanks for your answers.

Mr josh:
Yes, please.

Q3 from Telegram User @Jmagsss
I see that CakeTool has a membership subscription feature where users are opted to Buy $CKT from exchanges to access premium features. Firstly, from what market and exchange would you recommend for us to buy the $CKT tokens and how much is the required amount? Also, can you please specify what “premium feature” is your website pertaining to? Will there be an imposed duration for the subscription?

Mr josh:
First of all, we will be going live on the 17th on pancake swap and there you can buy your cake tools token from there…
Our public price will be $0.1

Premium features mean features that will need you to become a VIP member before accessing.

Gold Rocket | Satoshi Club:
Sounds good👍

Mr josh:
Just as stated above, our premium.
Members will be required to hold a certain amount of ckt.

Mary | Satoshi Club:
Can you explain to us your tokenomics or may share it with our community?

Mr josh:
There it is:

We can all have a view of it.

Gold Rocket | Satoshi Club:
Thanks for your answers and sharing 😊 can we proceed to the next question?

Mary | Satoshi Club:
Thank you for sharing!👏

Mr josh:
Yes we can.

Q4 from Telegram User @yellowchamp
I’m a little bit confused about the Caketools roadmap because I found out that on the 4th quarter of 2021, you will have your Private Sale & Listing and in the 2nd quarter of 2022 you will launch Presale and marketing tools. So, why you will have a presale next year but state that you will acquire a listing after your private sale this year? Why you are already advancing listing if you still have a plan for presale? Can you discuss more your upcoming presale for next year? Lastly, what are the marketing tools you will deploy in your platform by next year? Thank you

Mr josh:
We are currently not having another presale next year

Gold Rocket | Satoshi Club:
So what is the delusion of our participant?

Mr josh:
We are building solid features that are not readily available on other chart tools, we are pulling more information on the token, like the liquidity lock, Team token lock, these are details which are not easily seen by BSC communities we are making it earlier for everyone to access all this information all in one interface.

Mary | Satoshi Club:
You have a lot of work to do👏

Gold Rocket | Satoshi Club:
Yes, it really should be convenient when everything is concentrated in one interface.

Mary | Satoshi Club:
We will be waiting for Caketools.io to go live👏

Gold Rocket | Satoshi Club:
Ready for the next question? Or want to add something?

Mr josh:
Thank you.

Please go on.

Q5 from Telegram User @Pavel_Jarosh
It is also mentioned in your whitepaper that Cake Tools will launch a Token Browser. Please reveal the advantages of Token Browser vs Brave Browser of Basic Attention Token as they seem to become rivals. Please also talk about security and confidentiality while using Token Browser. Has it already passed the audit? Thank you!

Mr josh:
We will be making new updates on this as we proceed… kindly join our telegram group and also Twitter to stay updated with our upcoming news and events

Mary | Satoshi Club:
We surely will!

Ready to jump to the 6th and last question from this part?😀

Mr josh:
CAKE TOOLS: CHARTING HUB OF BINANCE SMART CHAIN TRADING
Smart ways view Charts on all BSC defi projects on decentralized exchanges; we provide assistant tools for real-time data analysis for profitable trading.
Cake Tools will provide the community with data aggregated from all decentralized exchanges on Binance Smart Chain. Users can leverage our product to analyze market movements, track the growth of BSC projects, and develop profitable investment strategies.
Cake Tools will align with the dynamism of the market to ensure that its functionalities continuously improve to meet user needs.

Website: https://CakeTools.io
Telegram Group :https://t.me/CakeToolsio
Channel : https://t.me/CakeToolsAnn
twitter : https://Twitter.com/cake_tools
medium: https://medium.com/@caketools

CakeTools is onboarding to audit by certik:https://www.certik.org/projects/caketools
https://solidity.finance/audits/Caketools/

Q6 from Telegram User @JesusFre1tes
Cake Tools allows you to buy and sell Pancakeswap & Bakeryswap tokens directly from the caketools interface without leaving the caketools application. This is really interesting. My question is, in the future will you include other similar interfaces like Uniswap? What are the benefits of this cross-platform combination model for the users?

Mr josh:
Yes we will be Including other interfaces, we will also be coming up with our launchpad as well.

Mary | Satoshi Club:
Launchpad? What kind of projects do you plan to launch?

Mr josh:
Also, our users will not be limited to just one interface.

Similar projects on the crypto defi space.

Mary | Satoshi Club:
Thank you for this awesome first part, Mr.Josh!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @hihohiho140699
From the Roadmap, I found that in Q4 2021, You have planned to Launch the PAIR BROWSER and WHALE BROWSER, Can you please tell me More about these Browsers and What is the Primary Role of these in the Ecosystem?

Mr josh:
There are basic features that will be free to use like view charts, see real-time transactions, liquidity levels.

Premium features include price alerts out your emails, telegram, whales wallet tracking.

Q2 from Telegram user @Robotliker1
What does Caketools will have unique than other platforms? How will you survive in the long run and ensure that the dev will not abandon the project leaving a high impression first?

Mr josh:
We are community-driven and building based on our community feedback, we will continue to integrate and partner with valuable projects that are vital to the growth of caketools, and by so we drive the value of ckt.

Q3 from Telegram user @Gutike95
Among the main features of Cake Tools: Enhanced functionality, Launchpad, and marketing tools, Alternative chain support, and More integration with the community. Can you give us information about its characteristics, has any other been included and how it benefits your customers?

Mr josh:
we are building solid features that are not readily available on other chart tools, we are pulling more information on the token, like the liquidity lock, Team token lock,, these are details that are not easily seen by BSC communities we are making it earlier for everyone to access all this information all in one interface.

Q4 from Telegram user @tahanisg
According to your token distribution, only 1% of these tokens will be destined for public sale, can you explain to us why this decision? Why only this small portion is selected for public sale?

Mr josh:
So we can create scarcity.

Q5 from Telegram user @Orlemys
It seems like your team is currently working on many features and events. Do you have any set dates or a sneak peek of them? Also, When will you list your token, how can we buy it?

Mr josh:
Token will be available to purchase on pancake swap on the 17th.

Q6 from Telegram user @RAFI124452
Is your platform suitable for Crypto /; Beginners or is it only for your project for elite investors/what about others with small funds, what is it open for everyone?

Mr josh:
Our platform is suitable for everyone.

Q7 from Telegram user @highpee
I know that your IDO is on November 17 but since I joined your group, I have been receiving DMs from admin requesting ETH and BNB in order to purchase your token. Are you affiliated with these individuals? How will your IDO be conducted and Will users have to send tokens first to you before they get a $CKT token?

Mr josh:
Please disregard these requests no admin will message you to send any funds to them … IDO is on the 17th of November.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Caketools.io. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Caketools.io Telegram community: https://t.me/caketoolsio
Twitter: https://twitter.com/cake_tools
Website: https://caketools.io/

Leave a Reply

Your email address will not be published. Required fields are marked *