PeachFolio x Satoshi Club AMA Recap from 1st of August

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 PeachFolio and our guests were @dave_peachfolio and @m_r_h19. The AMA took place on 1 August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

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

Part 1 — introduction and questions from the Telegram community

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

Gold Rocket | Satoshi Club: Hello again, dear Satoshi Club community!

Today our guests are @dave_peachfolio and @m_r_h19

H: Hello everyone and thanks for having us

Gold Rocket | Satoshi Club: Thanks for joining guys!

H: We are very excited to do this AMAs with the Satoshi club community, and get you guys to know our project better

Gold Rocket | Satoshi Club: How are you doing 😊

Mary | Satoshi Club: Welcome to Satoshi Club 👏

H: @PeachfolioPM will be joining us as well today

Mary | Satoshi Club: Added😃

H: Thank you

Mary | Satoshi Club: @PeachfolioPM we are happy to see you here today 😊

Peachfolio.CryptoApe: Hi everyone, don’t worry i won’t take it personally 😁

Gold Rocket | Satoshi Club: Nice to meet you guys 😊

Let’s start!

Introduce yourself please. How did you get to be involved in crypto & PeachFolio?

Tell us please also about your position in PeachFolio🍑

Peachfolio.CryptoApe: Perfect, so i’m the peachfolio project manager, that reflects my background having had a career managing projects within the financial services sector working on Digital products.

As a wider team we come from quite a wide variety of disciplines from development, marketing, change management, graphic designers and web development.

Mary | Satoshi Club: How many team members PeachFolio has?😃

Peachfolio.CryptoApe: As a team we’ve all been in crypto since around 2017 some of us earlier i believe. When we started to get into DeFi we noticed how hard it is to monitor your tokens, track your gains, check buy in price etc.

There’s 9 in the core team so quite a few of us

So we realised that between us we had the experience to create our own app. We put our heads together and came up with peachfolio as an App that would deliver the features we wanted

Gold Rocket | Satoshi Club: What is the essence, main idea of PeachFolio?

Mary | Satoshi Club: That’s right, we need as much comfortable trackers as possible, so everyone can find the better for himself😊

Peachfolio.CryptoApe: Straight to the point question i like it. So peachfolio app (which is available now on Android and IOS stores) is a DeFi wallet tracker fundamentally. Our core aim is usability and delivering real world use cases so traders don’t have to make sacrifices

Mary | Satoshi Club: Sounds promising 👍

Gold Rocket | Satoshi Club: you aimed at a serious crypto segment .. nevertheless, it is in great demand

Peachfolio.CryptoApe: Usability is a big bug of mine and unfortunately so many on the market don’t allow a seamless service to it’s users. For instance one of the problems we’ve solved is managing low MCAP coins, many others require you to manually add these but peachfolio app will add these automatically

Gold Rocket | Satoshi Club: 👍 This is what I have always lacked in trackers. 😁

Real Juicy PeachFolio😁

Peachfolio.CryptoApe: I may have to use that one 😁

Mary | Satoshi Club: Yes, trackers usually are a bit useless with low mcaps

Gold Rocket | Satoshi Club: What plans do you have for the future? And what can we expect from PeachFolio?

Mary | Satoshi Club: Hope with PeachFolio situation will change!

Also, i have one more question about PeachFolio team 😉 is your team public or anonymous?

Peachfolio.CryptoApe: So we’ve got quite a detailed roadmap out there, not sure many projects have gone to the same level so we do like the pressure. However, we’ve delivered ahead of time on all our deliverables to dates both with our beta, android release and IOS release.

In terms of medium and long term plans

We’ve just dropped our latest update which added in logos, watchlist function, realised and unrealsied gains at the token level for every token you hold. All much requested

Gold Rocket | Satoshi Club: I already dream of downloading this to my phone😁

Peachfolio.CryptoApe: We do have an announcement we’ll be making towards the end of the AMA as it’s a big delivery on our path to being in every DeFi traders phone

Gold Rocket | Satoshi Club: Great 👌

Mary | Satoshi Club: We will wait for it🎉🎉🎉

Gold Rocket | Satoshi Club: Thanks for great introduction, we will have a questions selected for the Part 1. Ready to start?

Peachfolio.CryptoApe: Our next deliveries include Profit and loss calculations across your wallet and then the one i’m really dying for as a DeFi trader, customisable price alerts straight to your phone

Sure let’s go for it

Mary | Satoshi Club: I like profit calculations 🤣 but losses make me sad

Gold Rocket | Satoshi Club: Feel free to add important remarks. we need to get to know you very well😁

Q1 from Telegram User @captainprice111

What is your favorite feature of Peachfolio that distinguishes it from other projects? What wound will Peachfolio heal the Defi traders in the market? What benefits will you bring to your community in Defi and how will your community grow?

Peachfolio.CryptoApe: Good questions

My favourite feature as i discussed above is the fact that the App picks everything up automatically so there’s no more struggling with each new trade. Custom price notifications is definitely my most desired delivery as having that real time data straight to your phone is a killer for anyone who trades infrequently or frequently.

The most useful for today’s market however is probably going to be tracking passive income, we get a lot of requests from our community on this so it’s good we’ll delivering it in the not too distant future.

H: How many of you guys had to enter the address of the token you just bought, its decimals, symbol, name ?

I’m sure you all did

Well, go download the app from the playstore or the app store, buy a newly listed token

Gold Rocket | Satoshi Club: oh we know this pain😂

H: and track it directly on the app, without having to do anything

Mary | Satoshi Club: Which Defi platforms we will be available to track?

H: I can also cite another struggle in DeFi

See those transaction tax, slippage on Pancake swap, Pancakeswap’s fees ?

And those quadrillion supplies that make the prices extremely difficult to read ?

Gold Rocket | Satoshi Club: And this is very familiar to us 🙈

Mary | Satoshi Club: Ohhhh🤣🤣🤣

H: Well, with the app, you do not have to have a scientific calculator with you to know the price you bought at

The app does that for you

I’ll let you guys discover that by yourselves 🙂

Mary | Satoshi Club: As i know Zerion app support something like this

On Ethereum

H: Why should Ethereum get all the great functionalities 😛

Mary | Satoshi Club: Ahaha, right

I am missing this features on BSC😉

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

H: Yes please.

Gold Rocket | Satoshi Club: Thanks for your answers😊

Q2 from Telegram User @orlemys

Since cryptocurrencies are extremely volatile, I’d like to know how fast your platform is with updates? Are they instantaneous? What are your sources? Do you have multiple or just a main one? What is the backup plan in case one of them is down, in that case? Also, do you have locking periods, and are they customizable?

Peachfolio.CryptoApe: It can be volatile yes, we have certain dependencies but our performance right now is near real time following chain validation. We’re already working on implementing our own node and our own data source which solves many of the issues posed by this question.

Mary | Satoshi Club: Did you already test your platform? How fast is it now?

Peachfolio.CryptoApe: We have a better way of implementing enquiry than most so you don’t have those long delays, the app will load your tokens in seconds. Of course the best way is to go test it yourselves. We have a very active support community for requests with our own telegram channel so we’re always happy to discuss these questions

Mary | Satoshi Club: Awesome! 👍 Hope soon you will also have a lot of positive feedbacks about profits earned with your tracker help😊

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

Peachfolio.CryptoApe: We’ve already had multiple cases of people finding new money they had lost or forgotten about so there’s a result 😁

Gold Rocket | Satoshi Club: https://t.me/peachfolio join Satoshi Clubbers 😊

this is a very nice bonus 😁

Peachfolio.CryptoApe: Yes please, next question since we’re on a roll

Gold Rocket | Satoshi Club: Oops

Q3 from Telegram User @JaviSuBs™

We know that the demand for apps is higher these days, Peachfolio, are you planning to go beyond the app and create a desktop version? For users who do not have access to a mobile phone or who find it easier to mobilize a desktop app on a PC or some web version of Peachfolio with PC users in mind? Thank you

Peachfolio.CryptoApe: No problem i’ll add that yes we have the data from a few minutes and that’s maximum on top of our own node as mentioned above we’re introducing real time live charting in the future so that’s only going to get better

This is a nice lead in question as we certainly are, we’ve listed to our early beta testers and we’ll be introducing an equivalent browser service in the not too distant future. We’ve even thought about a smart watch function but we’ll see where the demand on that one falls

Gold Rocket | Satoshi Club:O! it is very interesting👍

Modern man is surrounded by gadgets. And the more trackers the better😁🍑

Thanks for your answer

Mary | Satoshi Club: Could you explain how smart watch function could work? In plans, of course

H: Well, as you know, the screen realestate of a smart watch is limited

So as you can imagine, we won’t show chart on the smartwatch

But, what smartwatches are good for is notifications

Mary | Satoshi Club: Yes🤣 but i think it’s comfortable to see important signals on your hand😉

H: So with prices alerts dropping this month,it makes sense that we would at least see if our users wants smartwatch notifications for prices

Exactly, “Hey, your peachfolio token’s price did a +150% in the last 24h”

Mary | Satoshi Club: We can go training and stay updated in the same time, for example 😉

H: That could fit on a smartwatch’s screen easily 🙂

Mary | Satoshi Club: Paradise 🤣

Gold Rocket | Satoshi Club: sorry guys, I could not resist a little and downloaded your app😍

I really like your design😁

Peachfolio.CryptoApe: I’m a change manager at heart so as you imagine we have lots of things on our product backlog that we run past the community to balance real world use cases. The community have given us lots back too

People do seem to love the design, you can also change the theme for now between dark and light mode but we’ll have more coming soon.

Mary | Satoshi Club: Wait, i am downloading now🤣 feedback soon)

Thank you for your answers, guys!

Gold Rocket | Satoshi Club: how many languages is supports PeachFolio

Peachfolio.CryptoApe: Yeah go ahead, you’re also welcome in our support channel with any feedback 😀

So at the moment we’re supporting just the one, English. However we’re already underway in our localisation to introduce a number of languages in our next update.

Q4 from Telegram user @andrey_seleznov Hi Peachfolio!

I see that you promise to launch the free Peachfolio app which will let users access a range of great features that make DeFi life easier. Users You will be able to track DeFi tokens from multiple wallets and see token values and percentage changes; see the day’s biggest DeFi Gainers and Losers; set price alerts and get detailed Profit & Loss reports. What I want to ask about is the pro version of the app, what additional exclusive features are you planning to save for the Pro users? What will be the incentive to upgrade from free to Pro version?

Thank you!

Gold Rocket | Satoshi Club; it will be great

Peachfolio.CryptoApe: Good question. So yeah we wanted to get the App in people’s hands and let it spread by word of mouth before we started to lock down the Pro functionalities. We’ll be going a tiered approach and we’ll be setting out those tiers and then the prices in the next weeks.

Price notifications we think we’ll be the big draw but as the question highlights Profit and Loss, being able to vote on the delivery direction of the App as well as tax calculations are all going to be key in moving users from free to Pro.

Mary | Satoshi Club: So, even tax calculation?

Gold Rocket | Satoshi Club: Will the free version also work over time?

Mary | Satoshi Club: For which countries?😀 As i know taxes are different in every country

Peachfolio.CryptoApe: Our plan is to always have the core free version yes, we want this to be an App universally used . We recognise there’s plenty of different types of traders so we’ll be aiming to cater to those as well those who see the added value in additional features.

Gold Rocket | Satoshi Club: Got it 👍

Peachfolio.CryptoApe: Yeah this is always the issue and one i know well. There’s some common calculations but we’ll be looking at our user base and the complexity to decide which are delivered first and then build it up from there.

Mary | Satoshi Club: Gotcha! This would be great 👍

Gold Rocket | Satoshi Club: Mary you know how to surprise 😁

Peachfolio.CryptoApe: If only eh, so that leads me into another feature quite nicely. We’re all familiar with dusting and scam tokens so in our last update you now have the ability to hide and report such tokens and then they’ll be removed from everyone following a review.

Mary | Satoshi Club: Oh,my millions🤣🤣🤣

H: What my colleague is talking about here, is tokens like MNEB, I’m pretty sure the majority here saw that token in their wallets

These are scam tokens, that gets airdropped to your wallets

The goal is that you interect with them in the case of MNEB, or that you go to their website in the case of OVR

These are scams

Where the app helps here, is that you can : 1) hide those tokens, so that they do not mess up your total balance

Mary | Satoshi Club: Yes, i know and i think our next question will perfectly complement our discussion 😉

H: @madamlobster I invite you to do that right now if you want, you can swipe on a token and click on the eye

and it will disappear

The other feature we integrated in our app, is that you can report these tokens so they get removed for the whole community

in a way, we are protecting each other

Q5 from Telegram user @yellowchamp

One of the feature that still in progress in Peachfolio app is the Rug Checker Functionality. So,can you give us a brief information about how this functionality works in your app? What is the use of Rug Checker Functionality and how it is being implemented and applied in Peachfolio app? How does your app tracks some rugs tokens or coins being listed in your app and if it is checked that it is rug,can it be removed to our own app account? Does your app notify users for any rug checked being tracked or being detected in your app? Thank you

Mary | Satoshi Club: Awesome! I can tell that i definitely will use your app!😍

H: and we just removed the FLUX token for everyone of our users, live.

If you relaunch the app, you should not see it anymore 🙂

Mary | Satoshi Club: Thank you! Great job👍👍👍

H: We are ready to proceed with the next question

Mary | Satoshi Club: And here we go🚀

Peachfolio.CryptoApe: So on question 5 we’re going through that analysis currently. It will work based on a set of rules that inspect the fundamentals of the token and contact and give a recommendation back to the user searching it. That’s a very interesting final couple of questions, we haven’t determined yet if we will automatically block those as the scores could vary but it’s certainly something we’ll consider. Feedback like this is great

H: On the reasons why we are taking our times: there are basic pointers to why you shouldn’t invest in a token

unlocked liquidity

wallets holding big % of tokens

Mary | Satoshi Club: As i see you can find fast and simple solutions 😉

H: Tokens that burn big percentages even before launch to hide how much the team holds and so on

These are basic pointers, and soon, will be shown directly on the details of every token screen.

Mary | Satoshi Club: Yes, red marks

H: Then you have more advanced analysis, and that’s what we are focused on at the moment. We want to offer more than what you can already find on BSCScan

Mary | Satoshi Club: You’re scam killers🤣

H: We are certainly trying 🙂

Mary | Satoshi Club: I can only apploud you, really perfect job👏

H: Thank you

Peachfolio.CryptoApe: That would be nice, we all share that hatred of scams. Ultimately we want to give the tools to educate the users so these scams have less success

Gold Rocket | Satoshi Club: i like your approach👏👏👏

Thanks for your answers 😃

Mary | Satoshi Club: I am yours, guys🤣

Q6 from Telegram user @Asela1112

According to your whitepaper tokenomics, $PCHF tokens were allocated as 29%- presale, 50%-public sale, 13%- Marketing & 8%- Team. But there are no allocation for Partnerships, burning purposes, airdrop & giveaways on $PCHF tokenomics. So why didn’t you focus on these preliminary purposes? On which Concept did you make this $PCHF allocation? And also you incur 8% transaction tax on every transaction meanwhile it deployed as 4%- redistribution to holders, 2%- operational costs & app development, 2%- liquidity. On transactions also you didn’t add deflationary features. So how will you control inflation on $PCHF token & how will you mitigate the price volatility of $PCHF without a proper burning mechanism? You also integrate anti whales measures on your tokenomics with 1% maximum transaction limits. Can you explain it also furtherly?

Peachfolio.CryptoApe: Some of those we allocate under our operational costs but to pick out burning in particular. This is obviously a popular mechanism used by primarily meme coins at the start more for marketing rather than any other purpose, we didn’t see a need to go that route.

H: the reason for that is clear: when you do not have a product, you need money to market your project

We had a product out before the token. We wanted to avoid using any mechanism that meme tokens and non serious “projects” use

Mary | Satoshi Club: This is honest way to present your token for public 😀

H: Regarding the burning features, we did not go that road, instead, a % of every transaction goes back to liquidity. As it should be.

and one last clarification

Since the token has utility, burning it makes no sense.

Our users are gonna be able to access premium features in the app by holding the token

Gold Rocket | Satoshi Club: great feature👍

Mary | Satoshi Club: How many tokens they have to hold to get premium access?

Btw, guys, what about your smart contracts security? Did you pass audit?

Peachfolio.CryptoApe: We have a plan to release this news in the next couple of weeks. We didn’t want to rush on price before it was needed as getting that model right is a very important decision

We’ve engaged with a number of auditors we’re currently in that process of confirming the vendor and we’ll hit that deliverable soon

Mary | Satoshi Club: A lot of news soon👏

H: Yes, and we have a big one we will share with you guys first in here. at the end of the AMA

Part 2 — live questions from the Telegram community

Q1 from telegram username @CryptoFollower

How can I add my wallet into your application? Do I have to share my 12 words?

H: The app does not require you to share your recovery phrase. The app just needs the address of your wallet. The one you use to see your holdings and transactions on BSCScan. So the app not only allows you to trakc your wallet, but also other wallets. So you can see when a whale bought a token, which one. You can soon receive notifications about when that whale sold their token and so on.

Q2 from telegram username @iam123312

What if any new users try to start trading & wants to try peachfolio platform, Will be be smooth & easy for the newbies?

Peachfolio.CryptoApe: On this one, that’s our aim and it would be lovely to act as a stepping stone for new users. We have lots of help guides on our website created bespoke by our content team to help traders of all experience and these are linked through from the App as well.

Q3 from telegram username @ronaldo_super

I read your project and see it is a DeFi wallet tracker. Which mobile phones do you support? Do you support Android, iPhone and Huawei?

H: To answer this question, today, our app is available on the play store (android phones), app store (Iphones) and we are evaluation making the app available on Harmony OS when the market requires it.

Q4 from telegram username @Ble73

Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Peachfolio.CryptoApe: We’ve had a couple of link ins with other projects to date from different areas of DeFi, so we had a dividend token from Dogeback and a NFT project Hoodoi. The aim of these as we move forward is to reach out to other communities to spread the word of our App. We’re also looking at bespoke partnerships where we may add specific functionality to the app for a token of significance.

Q5 from telegram username @Robotliker1

You mentioned you have 9 core team members. Do you have any plan to add more members in the team and will you have any ambassador programme for different countries whereEnglish is not spoken to increase awareness and adoption of your project?

Peachfolio.CryptoApe: We do have a few more also involved in the project and a team of very helpful and insightful moderators. As for reaching out to other communities this is something we’ll be progressing as we move forward with our additional languages as there’s many regions into DeFi which would benefit for our App.

Q6 from telegram username @Einsteinyl

I read that PeachFolio project have create native token name with $PCHF token , my question what is the function from $PCHF Token inside your ecosystem? Are there any reward by hold your token?

H: So the token’s first utility is giving access to pro features. Today, and until we finish integrating all the pro features, you can access them and try them for free. at the moment, the app shows you your buying prices, selling prices, unrealized an realized PnL for each token. In august, prices alerts will be added and voting. As soon as all these features are integrated, they will be locked and offered to PCHF holders only. The free version will still show you your balances chart for you tokens, but price alerts and other pro features will be limited to PCHF holders

Q7 from telegram username @adaatalay

What is the community’s role in PeachFolio? Is there a right to vote in the management and the decisions taken?

Peachfolio.CryptoApe: We really value our communities say in the App so we try to gain insight in terms of feature requests of which we get many, polls in the telegram to gain insight from our user base. We also have a roadmap voting functionality within the App will directly tell us what the community think of a feature so we can be sure we focus our time on the right features.

The above will be one of our Pro features so that our loyal holders get the biggest say in how we move forward.

Q8 from telegram username @cenkkargin0666

What prompted you to start the peachfolio project? What prompted your team to create an app? Can you explain what negativity or evil in the market caused this?

Peachfolio.CryptoApe: We like all of you were just DeFi traders frustrated by other services we gave up on and even at first like many trying to use PCS to track prices. If you see a requirement unsolved as many of us have worked in the area of change and build you naturally want to solve it.

Q9 from telegram username @highpee

You talked about PRICE ALERTS DELIVERED straight to users PHONE. How will this work? Will you be able to deliver instantly, when there is a sudden rise or drop in price of a particular asset? Are you the one who will decide on the ALERT to PUSH to user or can user set alert for the tokens they need price update from?

H: So, regarding prices alerts, we will offer our users as much freedom as possible. So we won’t have (only) limited price alerts such as % or price targets, but we will push the customization way further. We will communicate on this point later this month.

Q10 from telegram username @

Questions deleted from user

Peachfolio.CryptoApe: So on this question. We do have an announcement for our next blockchain