Andrés m. | satoshi club:

Q3 from telegram user @brainchest

As a beginner, I am very interested in the financial model of the project. How did you calculate that by giving 56% of the tokens to the public sale, that is, users will already have more than half of the tokens in their hands and only 4% in liquidity? How do you achieve a financial balance between the selling pressure of that 56%? Will this stress the pricing policy?

Mr. Oda | cwing | cofounder:

“Selling” will make the pressure on eth side not our token side 😃 Plus, as we stand for the community our attractive APY will make sure to have enough liquidity 👌

We still have a lot more strategies to be applied to encourage lp, as we are in discussions with our partners to insure a smooth lunching, after that, our protocol mechanism will take care of the rest

Andrés m. | satoshi club:

Could you tell us more about your recent partnerships?

Mr. Oda | cwing | cofounder:

As you may know, that’s not something that we can disclose due to the nda

But one of the ongoing negotiations (that our partner agreed for us to disclose only a general outline)

There is one big traveling agency that is willing to accept our token as a sort of payment, and that will have a separate announcement when the time comes.

Andrés m. | satoshi club:

Of course, we will be expecting news about it 😃

Mr. Oda | cwing | cofounder:

I know that’s wasn’t the kind of partners you are looking for but still, it’s a big step for us as one of our tokens use cases

Everything well be just on time.

Andrés m. | satoshi club:

Congratulations on that, we hope that improves the adoption of chicken wing 💪

Mr. Oda | cwing | cofounder:

We believe that Adoption Is the key for the whole market … That’s how we are thinking and that’s one of the things which is motivating us.

(is to make a difference in the space)

Gold rocket | satoshi club:

Absolutely right! We live in an amazing time!

Thanks for your answer ☺️ ready for the next question?

Mr. Oda | cwing | cofounder:

We are always ready ☺️

Andrés m. | satoshi club:

Q4 from telegram user @korryl

There are few problems that DEX has right now, usually, the problem is about speed, not efficiency and scalability. How chicken wing tries to solve that problem and makes DEX more friendly to use? Can your platform empower the decentralized market?

Mr. Oda | cwing | cofounder:

Answering this question is like explaining the whole project from a-z 😅

But let me explain that in short…

Andrés m. | satoshi club:

Completely agree👏

Mr. Oda | cwing | cofounder:

Actually, we know that there are already other blockchains that are already solving this problem.

And also, this problem is might be one of the barriers toward our main goal (adoption)

What we selected Ethereum blockchain, it’s because it’s the blockchain which is having the bigger developers, the ones having the bigger user base, so why not being the one who is providing ( a better user experience )

What we did exactly is we looked at the current DEXes

And asked our selfies, as a user, what I’m missing here? What would make my experience here better, and here where we come with our solutions

Our protocol will be mixing between the pool based DEXes & order book one, Involving our unique features like:

• immediate swap operation with zero fee.
• flash swap operation.
• time-locked operation.

And more features that we are still trying to implement (like stop loss …)

Gold rocket | satoshi club:

Thank! Your answer is complete! 👍

Andrés m. | satoshi club:

You’re doing an excellent job💪

Mr. Oda | cwing | cofounder:

We are just checking what the user will need to make his experience better and start developing.

Thank you, guys, all this will have no meaning without a great community to support.

Andrés m. | satoshi club:

Sure, you have a big telegram group, are you planning to create local communities? Or do you have some of them?

Mr. Oda | cwing | cofounder:

Actually, we are getting an outstanding interest so far

Within the last 48 hours, our great communities from around the globe started to ask for the same.

And as the community is the core of our project, we started to expand … So far, we got already 4 local communities

Can share there links here?

Andrés m. | satoshi club:

Yes, please 😁

Mr. Oda | cwing | cofounder:

Hello, #cwingers,

We are happy to announce the launch of the our new local communities:

Filipino community

https://t.me/cwing_filipino

Vietnamese community

https://t.me/chickenwing_vn

Japanese community

https://t.me/cwing_japanese

Can’t wait to see #cwingers  from all around the globe 💫💫

And the recent one is our great Chinese community

https://t.me/chickenwing_cn

Andrés m. | satoshi club:

Satoshi clubbers, let’s join if you are interested 🎉

Gold rocket | satoshi club:

Do you have Russian and Spanish?

Mr. Oda | cwing | cofounder:

And we will expand as we go 👌

Started to get interested from the said communities we are open to expanding on any local communities

Gold rocket | satoshi club:

Andres and i will look forward to🙏

Andrés m. | satoshi club:

Of course 😁

Thanks for share it, let’s proceed with the 5th question

Andrés m. | satoshi club:

Q5 from telegram user @konditer_rolex

So, who will be in control of your chicken coop? Many developers are afraid to transfer control completely into the hands of the community. How do you see the chickenwing dao? All authority to the people, or will you leave a decisive vote? Will an additional governance token be created?

Mr. Oda | cwing | cofounder:

We don’t have such concerns!

When said the project is made for the community and by the community and to give power back to the community …

Well, we really mean it after the lunch the governance will commence and the community will take it forward,

We have a different approach; we believe that the majority of the community can’t agree on something that will harm their own project

The project will have its own forum to discuss the development and the important decisions

And of course, we will keep on developing just as a part of the whole ecosystem.

Andrés m. | satoshi club:

A great feature of your project, empower the community and make it part of the project 👏

Mr. Oda | cwing | cofounder:

That’s true.

The community in our believes are the most important element of the process and in the decentralized market … And they deserve to have the power to take it to the next level.

Gold rocket | satoshi club:

You guys are great! 👏👏👏

Andrés m. | satoshi club:

Mr. Oda, thank you for the answer, now we have the last question of the first part

Mr. Oda | cwing | cofounder:

Go for it

Andrés m. | satoshi club:

Q6 from telegram user @garrinepotter

You mentioned working on second layer solutions with your partners, who are these partners and how do you want to use the second layer? Perhaps it would be easier to immediately place the contract on the blockchain at a cheaper price? BSC is in vogue now, for example.

Mr. Oda | cwing | cofounder:

I believe I already answered that?

Andrés m. | satoshi club:

Yes, the question was partially covered, do you want to add something about the topic?

Mr. Oda | cwing | cofounder:

Only the part of the 2nd layer partner it’s just not yet the time …

With regards to the blockchain, we selected I already answered.

We found the problem we solve it; we don’t like to take the easy way 😁

Gold rocket | satoshi club:

I am confident in the success of this🚀

Andrés m. | satoshi club:

Congratulations guys, you are doing an exceptional job, very admirable everything you are implementing😁👏

Mr. Oda | cwing | cofounder:

Thank you Andres, I wanted also to express how I liked the great community that you are running here you are doing a great job so far … Let’s build together 👌

Schwarting | cwing | cofounder:

Let’s go guys 🔥🚀🚀🌕 we have a saying in our team “when in doubt, ask oda.” d be shy, ask away 😉

Mr. Oda | cwing | cofounder:

I forget to reply to this, we would love to have you with our amazing cm to help us grow our community 🙏

Andrés m. | satoshi club:

It would be an honor for @goldrocket27 and me 😃

Schwarting | cwing | cofounder:

*dont

Andrés m. | satoshi club:

Well, @rs_cwing and @odacofounder! Are you ready for the second part of the ama? We will open the chat for community live questions. Please choose your 10 favorites and answer them 🥳

Schwarting | cwing | cofounder:

Completely agree 🙏🙏🥳

Gold rocket | satoshi club:

Thank you I am very excited! Thank you so much!

Andrés m. | satoshi club:

Let’s open the chat 🥳

Mr. Oda | cwing | cofounder:

Go for it, please 🙏