Jindo x Satoshi CLUB AMA Session 02 Jun

Jindo x Satoshi CLUB AMA Session 02 Jun

Jindo inu token will be used by JINDO SWAP and JINDO NFT in the future. JINDO SWAP is a SWAP built on the BSC. JINDO NFT is an NFT.

PART 1. Introduction of Jindo project and community questions.

  Hello, Satoshi clubbers and guests of this site. We have guests from the Jindo inu crypto project.

Jindo inu token will be used by JINDO SWAP and JINDO NFT in the future.

The plan of AMA session:

  1. Part – Introduction and preselected questions.
  2. Part – Live questions
  3. The Quiz about Jindo

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club – @Satoshi_club

Andrés M. | Satoshi Club – @AndresM77

The Representative of the project:

@Jamesinu
@nexusbang
@jindooo
@jindoinu3
@rebrebz
@DomDom1231

Introduction of Jindo
project.

Mary | Satoshi club:

Hello, Satoshi club! We are happy to announce our ama session with Jindo inu! Welcome to Satoshi club😀

Andrés m. | Satoshi club:

Our friends from another great project are here to helps us with our amarathon😁

Jin [never dm first]jin:

Hi guys my name is Jenin, the developer of Jindo inu.

Jr tatis (never dm first):

Hi everyone, my name is Tatis. I am sub dev of Jindo team

Andrés m. | Satoshi club:

Welcome to Satoshi club, our guests:

@jamesinu

@nexusbang

@ Jindooo

@ Jindoinu3

@rebrebz

@domdom1231

Arenado Jindo inu:

Hi guys I am sub dev of Jindo inu team, arenado. Thank u for coming

Jin [never dm first]jin:

Before we begin, we apologize for our poor English.😄

Reb (never dm first):

Hi guys, team from # Jindo inu

Nexus b:

Hey guys we are happy to be here today 💙

Mary | Satoshi club:

Welcome here, guys!

Reb (never dm first):

Thanks, it our pleasure to be here.

Andrés m. | Satoshi club:

The whole Jindo inu team is here 😁

Jin [never dm first]jin:

One was unable to participate. Please understand😉

Andrés m. | Satoshi club:

Of course, we do😁. We are glad to have you here.

Mary | Satoshi club:

We are really happy to have such big team here! So, guys! We are excited to start our ama!

Jin [never dm first]jin:

We are happy to be with Satoshi club too

Lets go 🔥

Mary | Satoshi club:

So, let’s begin with intro🚀

Could you please introduce yourself and tell us more about Jindo inu 🚀

Jin [never dm first]jin:

Unlike other meme coins, our Jindo inu is a token under development to make use of it.

We plan to develop a safe swap without rug pull, and we plan to release an NFT similar to cryptokitties in the future.

Mary | Satoshi club:

Very nice plans😃

Jin [never dm first]jin:

The combination of swap and NFT will create many uses for the jind token, and we will continue to strive to improve the value of the jind token.

Mary | Satoshi club:

When did you start your project?

Jin [never dm first]jin:

May 12 😁

Mary | Satoshi club:

Wow, you’re so young😉

Andrés m. | Satoshi club:

How did you choose the name and the logo?

Jin [never dm first]jin:

 Jindo was adopted because it is korea’s representative dog. And we added several colors to the background for a cute image.

I think many people may misunderstand. It’s South Korea, not North Korea😂

Andrés m. | Satoshi club:

Great job, puppy tokens are trending, what do you think makes Jindo inu different and unique?

Jin [never dm first]jin:

Unlike other meme coins, jind tokens will have more uses in the future. I think that the current memecoins simply have no place to use them as a weakness. We combine the cuteness of mimcoin with the utility of tokens.

Andrés m. | Satoshi club:

Good point, what uses for example?

Jin [never dm first]jin:

We are developing a rugpull-free, secure Jindo swap where you can use your jind tokens for token review. It can also be used when creating a puppy NFT in the jind NFT that will be released later.

Mary | Satoshi club:

Super! And now, if you agree we can dive deeper into the Jindo inu details with the questions from our community 😀

Jin [never dm first]jin:

Cool 👍 Ask a question, we’ll answer it❤️

Preselected questions about the Jindo DeFi project.

Andrés m. | Satoshi club:

Q1 from telegram user @andrey_seleznov

Hi Jindo!

 Jindo tokenomics page says the initial liquidity pool contains 50t jind tokens and 10 bnb and the liquidity pool is locked immediately after liquidity supply. What service do you use to lock the liquidity and for how long will it remain locked? Could you tell us if this approach worked out ok? Such low initial liquidity must’ve created large slippage for big initial buyers, and with 1% fee going to the liquidity pool the pool probably remained low for a considerable time?

Jin [never dm first]jin:

Since we didn’t do a pre-sale in the beginning, we only put in 10bnb. So we are supporting the bnb-jind farming pool to increase liquidity. Our liquidity pool is locked by dxsale for 10 years and will be extended before the end of the period.

Andrés m. | Satoshi club:

Why 10 years?

Mary | Satoshi club:

Do you have only one farming pool?

Jin [never dm first]jin:

We aim to complete all ecosystems within 10 years. And we will continue to extend the lockout before 10 years pass.

Yes, single token farming is not supported as we are a deflation token. So, only one bnb-jind farming pool is supported.

Mary | Satoshi club:

Where we can currently farm?

Andrés m. | Satoshi club:

So are you planning some burning token events?

Jin [never dm first]jin:

You can farm in Polaris, and now the APY is over 500%. 

Andrés m. | Satoshi club:

Wow, great opportunity Satoshiclubbers🥳

Jin [never dm first]jin:

Yes, we are always thinking about burned events for holders. Currently, it is difficult because we spent a lot of money for listing on the exchange, but we plan to burn it as soon as we can afford it.

Mary | Satoshi club:

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

Jin [never dm first]jin:

Yes !🔥

Andrés m. | Satoshi club:

Q2 from telegram user @yellowchamp

 Jindo inu farming will be conducted in Polaris defi. So why did you choose Polaris defi to conduct Jindo inu farming feature? How can we access or connect polaris defi for farming with $jind? What advantages and benefits that polaris defi will bring to Jindo inu especially in farming purposes for Jindo inu investors and community? How safe and secure our funds in farming with polaris defi with $jind tokens? Thank you

Jin [never dm first]jin:

The reason we chose polaris is that it allows single-token staking. However, deflation tokens were weak against farming, so we switched to staking lp tokens. Please refer to our medium for details on how to stake. It would be good if you refer to it. You do not have to worry about staking as it is safely managed by smart contract.

Jin [never dm first]jin:

See our medium story for more details. Link 

Andrés m. | Satoshi club:

Thanks for the answer, so talking about long-term holders, what will be the main benefits for them?

Jin [never dm first]jin:

Currently, 1% of the transaction fee is distributed to holders, and 1% of the transaction fee is automatically burned, so the scarcity of the token will increase.

Mary | Satoshi club:

Maybe you plan to build your own platform for staking?

Jin [never dm first]jin:

Yes sure. We will make it possible to farm in Jindo swap

Mary | Satoshi club:

When do you plan to deliver this to your users?

Jin [never dm first]jin:

It is expected to be released at the end of the third quarter of 2021 at the latest.

Mary | Satoshi club:

Not so long to wait😃

Jin [never dm first]jin:

Sure 🔥

Mary | Satoshi club:

Did you already test it? Or it’s only on the start of its development?

Jin [never dm first]jin:

I’ve spent a lot of time marketing now, but I’ve been working hard on the design behind the scenes. The swap requires complete predesign because it requires SAFE code.

Andrés m. | Satoshi club:

The great aim, we hope to have good news about it soon.😁

Jin [never dm first]jin:

Please look forward to swap 😀

Andrés m. | Satoshi club:

For sure.

Would you like to add something before the next question?

Jin [never dm first]jin:

Done 👍

Andrés m. | Satoshi club:

Q3 from telegram user @jonahapagu

People are allowed to register their tokens in Jindo swap liquidity pool. After registering their tokens they then provide and lock the liquidity pool for their registered trading pairs until Jindo team has reviewed the tokens and determine that they are safe before allowing trading to start for the token.. So what kind of tokens can users register in Jindo swap liquidity pool, how do they register it, what information do they provide for review, and how do they provide and lock liquidity for the trading pairs, if a registered token is deemed unsafe and liquidity for the token has been locked what do Jindo team or the users do about it.

Jin [never dm first]jin:

How to lock liquidity is provided by several sites. If they prove to us that they have locked it there, we will check and approve it. Liquidity providers can offer BSC-based tokens, and we approve the tokens after reviewing the feasibility and legality of the project. Therefore, a more secure trade environment will be provided.

Mary | Satoshi club:

I see you care about security 😉 What about your smart contract’s security? Did you make an audit?

Andrés m. | Satoshi club:

Sure, holders need to know that their funds are SAFU.

Jin [never dm first]jin:

Yes, we will be audited when swap development is completed. The audit of the token contract has already been completed

Mary | Satoshi club:

Oh, can you share this report with our members?😃

Jin [never dm first]jin:

Yes 😀 jind token audit 

Mary | Satoshi club:

Thank you 👍

Andrés m. | Satoshi club:

I realize that a lot of great events are coming for Jindo inu, so could you share your roadmap with us?

Jin [never dm first]jin:

We plan to list jind on many exchanges and will be listed on Hotbit on June 4, two days later. In addition, we will continue to carry out influencer marketing, and we will complete the development without delaying our development. Also, our roadmap can be found on our website 

Mary | Satoshi club:

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

Jin [never dm first]jin:

Sure

Andrés m. | Satoshi club:

Q4 from telegram user @shaa93

 Jindo inu – no team, marketing token, no pre-sale! Does this mean Jindo inu is an anonymous project? Or will there really be no team and all will be decided by the community? And why does Jindo inu not launch pre-sale while most projects are launching pre-sale, IEO, IDO, INO,…??

Jin [never dm first]jin:

Teams exist, but their basic essence is like other meme coins, community-owned tokens. The reason we didn’t do a pre-sale is that there are many people who do not believe in the pre-sale during the pre-sale process. The jind team exists. However, we only proceed with marketing and development. Since our tokens are community-owned tokens, some have not conducted a pre-sale in order to give everyone an equal opportunity to purchase.

Andrés m. | Satoshi club:

So, if your aim is the community, have you had some community contests to reward the users? Maybe meme contest or something like that.

Mary | Satoshi club:

But what is the motivation of Jindo inu team to develop the project?

Jin [never dm first]jin:

Yes, we have a TikTok contest and a Twitter contest. We will hold many events in the future. We also lost money by a lot of rug pull, so we felt we needed a more secure swap. That’s why motivated us.

Andrés m. | Satoshi club:

Is there still a chance to join? Our community is so creative😁

Jin [never dm first]jin:

Yes of course. We will prepare the contest asap👍

Mary | Satoshi club:

Satoshiclubbers 😉 it’s your chance

Andrés m. | Satoshi club:

Thanks for the info🥳

Mary | Satoshi club:

Jin, thank you for your answers! Ready to jump to the next question?

Jin [never dm first]jin:

Yes 😀

Andrés m. | Satoshi club:

Q5 from telegram user @nadee5

According to your website, you plan to create a magnitude swap and a magnitude NFT .in Jindo swap, only tokens that have passed the Jindo team’s review can provide liquidity. But in your whitepaper you said there is no team for Jindo inu. If there is no team ,who will review the tokens to pass for providing liquidity. ? How will this team’s review beneficial for Jindo swap ?which requirements should be fulfilled to pass the team’s review ?and what do you mean by magnitude swap and magnitude NFT ?

Jin [never dm first]jin:

The reason we said we don’t have a team is that our team is only in charge of development and marketing. The rest are in charge of the community. Our review can help users who use Jindo swap to obtain objective information about tokens and help make investment decisions. In order to pass the review, you must submit various information such as team members and project information.

Mary | Satoshi club:

Who is in the team? Is it anonymous?

Jin [never dm first]jin:

Not anonymous. You can find information about the three developers on linkedin.main developer – jin jin – @jamesinu – Linkedin 

Developer – jr tatis – @ Jindooo – Linkedin 

Developer – arenado Jindo inu – @ Jindoinu3 – Linkedin 

Andrés m. | Satoshi club:

Btw, checking your roadmap there is a concept that caught my attention. Could you explain more about this feature? What do you mean with “synthesizing multiple puppies”?

Jin [never dm first]jin:

It means that you can create your own special-looking puppy NFT by breeding puppies like crypto kitty.

Andrés m. | Satoshi club:

Like a virtual pet?🤔

Jin [never dm first]jin:

Yes 😁

Mary | Satoshi club:

That’s nice😉 if they will be as cute as your stickers it will be great

Jin [never dm first]jin:

Sure we will do our best 😁

Mary | Satoshi club:

Thank you for your answers! Ready to go to the 6th and last question from this part?😉

Andrés m. | Satoshi club:

Well done, i can’t wait for it 😁

Jin [never dm first]jin:

Let’s, go

Andrés m. | Satoshi club:

Q6 from telegram user @josegamboac

On May 22, Jindo inu decided to burn another 2 trillion #jind tokens. This will be added to the 56% of the total supply that we already burned before. How often do you have an estimated token burn? And what percentage will be burned in each burn?

Jin [never dm first]jin:

A 1% transaction fee is automatically burned on each transaction. We will prepare more burn events for holders

Andrés m. | Satoshi club:

What about tokenomics? Please share that info. How is the token distribution?

Mary | Satoshi club:

Didn’t you think that users like to have a more strict plans?😃

Jin [never dm first]jin:

50% of the initial issuance was burned and the remaining 50% was added to the pancake swap. A 3% transaction fee is incurred for each transaction, 1% of which is distributed to holders, 1% of which is automatically burned, and the remaining 1% is used for marketing expenses.

If the transaction fee is too high, there are various restrictions when entering the exchange, so we set it to 3%.

Andrés m. | Satoshi club:

You did mention hobit, now pancakes was. Currently, is there another way to buy your token?

Jin [never dm first]jin:

It is currently available for purchase on pancake swap, Cointiger, Indoex, Hotbit on June 4th, and Coinsbit on June 8th

Mary | Satoshi club:

Super! Congratulations with upcoming listings 🚀

And live part is almost here 😉

Andrés m. | Satoshi club:

Thank you for your time and clear answers, it was an honor to moderate this first part. Now I think our community users want to interact directly with you 😁

Jin [never dm first]jin:

Thanks 🔥 Yessss

Mary | Satoshi club:

Let’s go 🚀

PART 2.Questions about the Jindo project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Jindo crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q – 1 from a telegram user @Guandog

What are the attractions of Jindo Swap as a platform swap compared to the big ones like pancakeswap?

REB (Never DM First):

Our main developer mentioned that this swap will differentiate JInod swap with other swaps as the JINDO team will review new projects that will be launched on JIND SWAPthat can assure they are no “rug pull” and to protect all investors invest , so that can guarantee a safe investment

Q – 2 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there any thing that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS? 

Jin [NEVER DM FIRST]Jin:

Since we only approve token transactions by locking liquidity, rugfull cannot happen. and Our team’s marketing wallet cannot be dumped because we have very few jind. Currently, the number of jind we have is 0.2t. Also, we have locked liquidity Don’t worry

Q – 3 from a telegram user @smelekin

Why did you choose Hotbit for listing your token? Do you plan to list your token on better exchanges like Binance?

Jin [NEVER DM FIRST]Jin:

The reason we chose Hotbit is that it is also a top-tier exchange and contains many BSC tokens. We are always looking for better exchanges. please watch us

Q – 4 from a telegram user @nitrogenpower

I read that liquidity pool is locked by dxsale for 10 years but what will happen after 10 years passed?

Jin [NEVER DM FIRST]Jin:

It will be locked again before 10 years have passed. Do not worry. We bet our lives on jind. wallets, private keys, etc.

Q – 5 from a telegram user @highpee

Now, we have a lots of DOG🐕 projects. Don’t you think that this may limit interest in your projects because people have already invested in many of these dog 🐶 coin? Is there anything that is SPECIAL about Jindu INU which you will use to ATTRACT INVESTORS?

Jin [NEVER DM FIRST]Jin:

Yes, we are different from other memecoins. We are developing dApps that will be used in practice. This increases the fundamental value of the token. In the future, we plan to promote the difference from other meme coins.

Q – 6 from a telegram user @sweetdoge

Why are you guys still anonymous? Why did you decide to be anonymous and in the future do you plan to go public?

Jin [NEVER DM FIRST]Jin:

Developers are not anonymous. We will always do our best to develop. Please join our jind.We will share it periodically when development begins.

Q – 7 from a telegram user @Ratash97

When is the launch of jindu swap and what utilities will jindu feed have?

Jin [NEVER DM FIRST]Jin:

Jindo Swap is scheduled to be released at the end of Q3, and jind feed tokens can be used to upgrade puppy nfts on jind nft that will be released in the future. When upgrading, it can change into a rare form with a certain probability.

Q – 8 from a telegram user @Jonahapagu

One of the recommendations of Solidity Finance is your audit report is that Users should be aware of the relatively low amount of liquidity available and the report also stated that there are Four wallets that have about as much or more tokens than the liquidity pool…so what have you done as regards getting more liquidity for your contracts, and who are the owners of this four wallets that have more tokens than your liquidity pool are they individual users or wallets belonging to the team for other uses..?

Jin [NEVER DM FIRST]Jin:

We don’t have those 4 wallets. We know that liquidity is low, but compared to other Mime Coins, we are in a very healthy state. We are working hard to find ways to secure liquidity. Do not worry too much

Q – 9 from a telegram user @Sumione

What are the upcoming events and listings plan in your roadmap? Do you have any plan for listing in popular exchanges like BINANCE or any other Cex?

Jin [NEVER DM FIRST]Jin:

The advantage of nfts is that you can make your own puppies, and you can also collect rare nfts. Rare nfts will sell for a high price because people will be interested. Rare things are always valuable.

Q -10 from a telegram user @messilolz

What is the contract address for buying $JIND and what slippage is required?

Jin [NEVER DM FIRST]Jin:

📈 Contract : 0x22d6363949e295873d261b812a281d014367e8f9 slippage 3~4%

Part 3 – Quiz about project

In the final part, we tested the knowledge in terms of the Jindo project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details: 

  English Telegram group  |  Russian Telegram group   |  Spanish Telegram group  |  Telegram Channel   |  Twitter |  Website 

Our Crypto Partner by this AMA: Jindo

Telegram group  |Medium |  Tweeter  |  Website