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 Chinchilla and our guest was @TheKingofChateau – he main investor in the project and @Ankeradon – PR head of Chinchilla. The AMA took place on 23 April.

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 Chinchilla! Welcome to Satoshi Club😀

Gold Rocket | Satoshi Club:
Hello, dear community!

BSC LORD – GPSV:
Hello Satoshi Club!!!

Mary | Satoshi Club:
Hello, welcome here 😀

Solisin:
Hello guys, Thank you for inviting us!! 🐭 I am @Ankeradon, ready for your questions!!

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club😊

BSC LORD – GPSV:
Thanks for inviting us to this AMA, we are so glad to be here today with you guys.

Mary | Satoshi Club:
Wow! Fantastic! Chinchilla family is our guest 😀

Pablo,
Hello Satoshi Club members! 😀 Pleased to be here

Gold Rocket | Satoshi Club:
Very glad to meet you👋

Mary | Satoshi Club:
Hi👏

Mary | Satoshi Club:
Let’s start our AMA 🚀

Solisin:
Sure! let’s do it!

Gold Rocket | Satoshi Club:
Hi there😊

Mary | Satoshi Club:
And as usually we will start with intro 😀

Could you please introduce yourself and tell us more about Chinchilla 👍

Gold Rocket | Satoshi Club:
Tell us please about yourself and your position in Chinchilla.

Solisin:
ChinchillaToken is a 100% meme based & decentralized community experiment. It is same as SHIBA INU $SHIB but with different tokenmetrics.

• No Team tokens
• Admin key burned
• Liquidity locked forever

Total Supply: 100,000,000 $CHINCHILLA

We get no extra profit out of this project, as Chinchilla has no extra fees

BSC LORD – GPSV:
Well, @PabloNF is the IT head of the project, @Ankeradon is the PR head and I am the main investor in the project. We are a group of 3 friends that got involved into crypto 3 years ago and we were fascinated by the potential of DeFi so we took a leap of faith and decided to create our own token and get a crypto community to try to improve the capabilities of DeFi, which is in its infancy right now.

Mary | Satoshi Club:
Whose idea was it to create the project?

Why Chinchilla? Do you love this animals?😉

Pablo,

The idea was mine because I own a chinchilla, I love chinchillas and I thought that would be the next animal coin

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

it’s so cute 😁

Mary | Satoshi Club:
Ahaha, i love chinchillas also, on my mind they’re the cutest animals in the world 😀

BSC LORD – GPSV:
We are a team composed by 5 people right now but we tend to expand the team much bigger in the future

Gold Rocket | Satoshi Club:
Are you anonymous? if so, do you plan to come out of the shadows sometime? 😉

Solisin:
Let me explain this “much bigger in the future” 🙂

Mary | Satoshi Club:
Sure😀

Gold Rocket | Satoshi Club:
Thanks a lot for the intro guys! It was very expressive! Would you like to proceed to the questions from community?

Solisin:
These 5 people are @Ankeradon, @TheKingofChateau, @PabloNF @Ericalexand and one more guy that cannot be with us.

Pablo,

Yes, let’s proceed to the questions! Thank you for let us introduce ourselves

Gold Rocket | Satoshi Club:
Small but friendly team as I understand it ❤️

BSC LORD – GPSV:
Thank you guys!!!

Q1 from Telegram User @victorogb
Looking at the carefully laid out road map for the Chinchilla project, there are some pretty interesting events and features marked out especially through Q2 & Q3 2021, amongst which are: the target exchange listings, the charity exploration, your fuzzies NFTs, ChinchillaCon Zoom and ChinchillaCon IRL. Can you carefully enlighten us a little on some of these unique features and what to expect from them?

BSC LORD – GPSV:
Also our Chinchilla is fully doxxed already and we will be doxxed very soon 😊

Mary | Satoshi Club:
That’s a great news!

BSC LORD – GPSV:
Talking about ChinchillaCon, with the times we are living right now with the COVID pandemic will have a huge meeting by ZOOM or other platforms, and we will have a meeting with the whole community and share our thoughts and ideas for the project. I will let @PabloNF to talk about the rest

Pablo,

We applied to Coingecko, Blockfolio and Coinmarketcap. We are working right now on expanding our holder base and creation of a NFT platform. Meanwhile we are expending a lot of energy and money on our marketing proposal trying to create a community that is involved in the project

Solisin:
Chinchillas live in communities where there is no leadership, and the survival of the community depends on each individual. Everyone can shill and pump the coin and be a part of the project. We actually don’t own this project, we don’t get any profit out of it, we created the coin and we locked all the liquidity.
We will be supporting any other members that wish to help and to create more on this token. This is not a Meme Token, it’s a Community Token. It is unruggable and everyday we will keep working on it with all the other chinchillers 🙂

Mary | Satoshi Club:
Will you have any contests or competitions?😀 I know communities like such events.

Mary | Satoshi Club:
👍

Pablo,

Yes, right now we have our first contest on Twitter

Pablo,
https://twitter.com/ChinchillaToken/

Gold Rocket | Satoshi Club:
It can be seen that you are very enthusiastic about the idea of the project. 😊

Pablo,
3 prizes for the best memes, voted by our community (125$, 50$ and 25$)

Gold Rocket | Satoshi Club:
Not bad👍

Mary | Satoshi Club:
Also, i wang to ask if you have enough volume to get listed on Coingecko and Coinmarketcap, as i know it’s not so easy

Pablo,
We will have bigger contest in the future!

🚀🚀🚀

BSC LORD – GPSV:
Excuse our english, we are an spanish team by the way!! 🇪🇸🇪🇸🇪🇸

Mary | Satoshi Club:
Np😀😀😀

Gold Rocket | Satoshi Club:
Do you plan to promote local communities?

Solisin:
We reached 2.000.000 volume during our first day with only 400 members. We are certain that we will get there again

Gold Rocket | Satoshi Club:
Excellent result, I dare say🚀

Mary | Satoshi Club:
Wow, incredible 🤣 that’s a real success

Solisin:
Of course, our Marketing project consists of advertising and creating communities on each language, such as russian, indian and chinese.. We are working on that right now.

Mary | Satoshi Club:
Thank you for your answers guys!

BSC LORD – GPSV:
We will try to reach all communities, everybody is invited to the project to share its ideas and give its energy, effort and knowledge to the project. We, the chinchillers grow bigger with the community efforts!!

Gold Rocket | Satoshi Club:
Thanks for the great answers! ready for the next question? 😉

BSC LORD – GPSV:
Yes sure.

Q2 from Telegram User @h1drX
The truth is that your project catches my attention because you don’t see projects like these often. But what is the goal that Chinchilla has in the Cryptocurrency ecosystem? I have seen on your website that the project is 100% community-driven and the team has no assigned tokens. Was this project launched non-profit? Thanks.

Gold Rocket | Satoshi Club:
Awww😍

Mary | Satoshi Club:
This question was a bit covered, but i am sure that you have something to add😉

BSC LORD – GPSV:
Yes, the project is not for profit of the creators but for the community profit as a whole. We are chess lovers so the main idea we have in mind right now and where we are focusing our effors is developing a chess game for the community where you can bet against other players and earn benefits with your chess skills

By the way, there is not any tax for the team on each transaction with the token, just Pancakeswap fees.

Solisin:
After Netflix series Queen’s Gambit and the pandemia, Chess comunity has grown inmensely and most of this chess members are into cryptocurrencies and Tokens. So we believe it will be a great place for them to bet and to challenge other people.

Mary | Satoshi Club:
But there is bull market now, why did you decide to create a project which won’t bring you profit?😀

Gold Rocket | Satoshi Club:
You know how to surprise, to be honest. it’s such a versatile approach to crypto … chess, chinchillas… 👍

Mary | Satoshi Club:
Queen’s Gambit is really nice👍

BSC LORD – GPSV:
We will profit if the token gains value of course because we hold tokens we bought fairly and because we believe in the idea so if the price of the token goes up, we all will benefit from it

Pablo,
We do not want to leave without highlighting the work we are doing on the NFT platform, which we will launch soon

Mary | Satoshi Club:
This has sense 😁

Gold Rocket | Satoshi Club:
Thanks a lot for the clarification! Ready for the next question?😉

BSC LORD – GPSV:
Yes we are

Q3 from Telegram User @yellowchamp
In your roadmap Q3 2021,your platform is going to launch a Chinchillin’ RNG Lottery in which you stated that there will be 90% winners. So,can you give us a little overview about this Chinchillin’s RNG Lottery? I think 90% winners is a lot, so can you tell us more about the mechanics of this lottery? Can anyone participate this lottery? What are the requirements of this lottery to join and what will be the rewards or prizes? Thank you

Mary | Satoshi Club:
Sure! You can do it while answering this question 😁 we are big NFT lovers here!

Solisin:
Well, Lottery will be made out of fees from the Chess game. Therefore, when lottery is running, if you participate with enough tokens, and you don’t win the Prize, you still get back a percentage of what you paid. Most of the prize will come from these fees and from the 10% that will be taken from the buyers. The rest will be given back

Pablo,
First of all we want to create unique NFT to distribute between the Chinchilla holders

Pablo,
And create a NFT platform that colaborates with other animal tokens

Mary | Satoshi Club:
It’s interesting! I can only imagine how they will look like😀

Nice idea! I know that a lit of animal tokens exist, it will be like NFT zoo😀

Gold Rocket | Satoshi Club:
Small token zoo 😁

Mary | Satoshi Club:
So, it will be live in Q3, right?

Solisin:
Yes.

Mary | Satoshi Club:
Did you already test this lottery or it’s still in the development?

Pablo,
Still in the development phase

Solisin:
Still, in development, we are focusing right now in the game, because Lottery will not work without it 🙂

Mary | Satoshi Club:
Gotcha! Thanks!

And when do you plan to launch NFTs?😀

BSC LORD – GPSV:
We are a 3 day project so everybody is very early on this right now 😄

Solisin:
We are planning to get there in 10-14 days.

Mary | Satoshi Club:
Awesome! We will wait for the launch ☺️

Gold Rocket | Satoshi Club:
And you are probably already looking forward to the next question😉

BSC LORD – GPSV:
Yes sure.

Solisin:
😀

Q4 from Telegram User @Johana0012
By holding Chinchilla tiles, we will all snuggle up and stay warm and comfortable for a relaxed trip to the moon. What are the benefits they offer to users? Is Chinchilla a deflationary or a flationary project? What will be the blocked liquid supply? How is the total supply of supplied tokens divided?

BSC LORD – GPSV:
The main idea is to add a deflationary characteristic to the token when the games launch. A fee will be deducted from each match so that will be burned and thus decreasing the total supply of the tokens in circulation.

Mary | Satoshi Club:
Did you already decide which fee will you deduct?

BSC LORD – GPSV:
Many tokens will be allowed to be used on the platform and those tokens will be sold to purchase $CHI and thus giving the rewards in $CHI tokens

Mary | Satoshi Club:
What about governance?

BSC LORD – GPSV:
We are thinking about a 0.3% fee on each match an 0.15% will be burned and the other 0.15% will be distributed among the solo CHI stakers

Mary | Satoshi Club:
So, you users will have double benefits by playing games😀

Pablo,
We do not aim to implement any governance mechanism

BSC LORD – GPSV:
Yes they will 🤑

Gold Rocket | Satoshi Club:
Thanks a lot for the answers! everything is clear to me! ready for the next question?😊

Solisin:
Go for it!

Pablo,
Ready!

Q5 from Telegram User @Jonahapagu
Chinchilla & Small Furries Charity Exploration appears on your roadmap what is this Charity exploration all about, do you intend to support a charity project, where will the funds for this Charity exploration come from.

Gold Rocket | Satoshi Club:
Partially disclosed. But maybe you want to add something

Pablo,
We are exploring the launching of a new token which will feed Chinchilla and has a charity wallet, that will be used to fund projects that the community votes

Mary | Satoshi Club:
What’s your community opinion about this idea?😀

BSC LORD – GPSV:
This is the great new we had prepared for the AMA so we are giving out this announcement for the community right now

Gold Rocket | Satoshi Club:
Wow🚀🚀🚀

Solisin:
Well, I just wanted to summarize the main ideas of this token:

• It is a community token is unruggable and it depends on the strength of each individual
• New token will be coming out and it will feed through fees Chinchilla token and Charity
• App Chess game with Challenges and Bets.
• Lottery and NFTs as other tokens

Mary | Satoshi Club:
You prepared a lot of surprises and activities for Chinchillas 🚀

Solisin:
To finish, we encourage any members from this and other communities to contact us to keep developing and to help us develop all these ideas 🐭🐭🐭👍🏻

Mary | Satoshi Club:
Sure, Satoshiclubbers, join @chinchillatoken🚀🚀🚀

Thank you for your answers, guys! Ready for the 6th and last question from this part?

BSC LORD – GPSV:
Yes, we are ready🙂

Q6 from Telegram User @jodasf
How reliable and secure are your contracts, have you performed any kind of audit to prove to your investors and users that it is 100% reliable?

BSC LORD – GPSV:
We are planning to make an audit once the community is fully established and we have a big amount of people that believe in the project. At this moment we haven’t tried to leave or do something tricky so yes we will do it when the right moment comes but right now anybody can audit the contract and see that is fully rug proof

Gold Rocket | Satoshi Club:
Absolutely agree with you! everything has its time!

Mary | Satoshi Club:
But hackers are not sleeping 😀

Hope, you will take security seriously 😀

Part 2 — live questions from the Telegram community

Q1 from Telegram user @cryptofollower
This morning on your telegram group you were saying to set slippage to 12%. Why is the slippage is so high?

BSC LORD – GPSV:
The liquidity provided for the token is still small but I provided 6000 BOG tokens (from bogged.finance token) that I pegged to CHI that are worth about 30k dollars. Now not big amounts of the token are allowed to be bought so maybe the slippage was big on a big buy, other that that I actually don’t know.

Q2 from Telegram user @meml97
Meme-based projects are known for having really fun and cool activities for their communities such as creative meme contests and stuff like that, can you tell us what plans does Chinchilla have to be more engaged with it’s community and really stand out as a good and cool meme project? What should we expect from your project in terms of this?

Pablo:
We plan to make a lot of contests, community is very active, creating memes all time, we are alive since 3 days but this community is amazing.

Q3 from Telegram user @smelekin
What are the coinburn strategies you are implementing?

BSC LORD – GPSV:
We will add deflationary characteristics to CHI once the chess platform is fully implemented.

Q4 from Telegram user @Matrix
Who are the biggest token holders and how can we make sure most of the tokens are not in the hands of whales?

Solisin:
We don’t know who are the biggest holders, some of them are us, some others we don’t know, but what we know is that they were here from the beginning, they didn’t sell when it was ATH and they didn’t sell now. Therefore, they trust the project, but nobody can be certain if they are going to sell or not. You can be a whale if you want. The Community token is completely free.

Q5 from Telegram user @Jodasf
How quickly can Chinchilla investors earn profits, what are the steps they need to take to start earning them and how easy will it be to withdraw them?

Pablo:
After a first-day huge pump where we reached almost 2M$ in trading volume, chinchilla’s price is low and has now reached a really good floor. From there is just a matter of time until investors will be able to make huge profits, going in now means investors will make more than 20X once we reach ATH again. Just withdraw on pancakeswap like any other token.

Q6 from Telegram user @atillayeni
If you don’t get any profit from this project where do you guys earn money from?

BSC LORD – GPSV:
Let me say I am a physician as well as @Ankeradon so we have already made a living out of something else, no incentives to rug 😁

Q7 from Telegram user @h1drX
I was reading the project roadmap and was intrigued by the following plan which is: “Chinchilla Charity Exploration and Little Furries”. Can you explain what this is about? Does the project have charitable intentions for the community?

Pablo:
Yes, with the creation of the new token, percentage will go to the Charity Wallet. Community is excited about this new token.

Q8 from Telegram user @alptrader
The pancakeswap had the similar idea of no leadership and no team coins, it was all community. What are your plans to build the community?

Solisin:
The plan is to work every day on the project, mostly through marketing, TG, Discord (that will be created this weekend), Tik Tok, Reddit…, encourage the community to participate and develop ideas with different spontaneous teams that have the will to develop some of the ideas. It’s all about not giving up on the project.

Q9 from Telegram user @Beterror203
Please can give the popocoin or chart from u token same token same name scam now?

BSC LORD – GPSV:
Let me give you something better https://charts.bogged.finance/?token=0x89E8416eA5b69863CCb34D3A5C74A86bf5549147

Q10 from Telegram user @Eminet001
STAKING, MINING AND FARMING are GREAT STRATEGIES in getting MORE INVESTORS AND USERSDO THIS GREAT PROJECT SUPPORTS THOSE LISTED?

Solisin:
The second token will be deflationary and deduction will stake on first token. Anyway, mining and Farming only work with inflationary tokens, so we are not planning on those for the moment.

Part 3 – Quiz Results

In the final part, we tested your knowledge in terms of Crypto Puzzles. 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:
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