We would like to tell you about the AMA session with our friends from QuiverX crypto project. The AMA took place on October 30 and our guests were @Deni121496 , @Chloe_QuiverXsupport , @Y0giJi .
The total reward pool was 500$ and was divided into three parts.
Leading the AMA our clever and fun admins:
@madamlobster and @Cool_as_Ice
PART 1, INTRODUCTION, AND COMMUNITY QUESTIONS.
Mary | Satoshi Club: Hello again, Satoshi Club! We are happy to announce our AMA session with QuiverX! @Deni121496 @Chloe_QuiverXsupport @Y0giJi welcome to Satoshi Club😀
D. | Satoshi Club: Hello all! @Deni121496 @Chloe_QuiverXsupport @Y0giJi hello and welcome!
Deni: Excited!!
Y0giJi | QuiverX: Hey how’s it going thank you for inviting us!
Serg | Satoshi Club: Welcome 🙂
Mary | Satoshi Club: Happy to have you here👍
Y0giJi | QuiverX: Glad to be here 🙏 it’s not a small thing to be invited to the Satoshi Club 💪
Mary | Satoshi Club: Wow) thanks👍 could you please introduce yourself and tell us how did you start with QuiverX?)
Y0giJi | QuiverX: Yes for sure some of these I have prepared in advance for time’s sake and some of them may take me a bit to answer just a heads up!
Y0giJi | QuiverX: My name is Ivan I am the CEO of QuiverX Capital, I have a background in project management and business management working with both the United States Marine Crops and Fortune 500 companies such as SAIC. I have certificates in Lean Six Sigma and others and I am currently finishing up a Masters’s Degree in Chinese medicine and philosophy.
My business partner Mike has been in sales for many years and has a postgraduate degree currently working as a licensed acupuncturist.
Mary | Satoshi Club: Np😀
I think with all your background QuiverX will be Six Sigma quality 😉
Y0giJi | QuiverX: QuiverX started for a few reasons!
1. We were already investing in the traditional and crypto market but wanted access to the opportunity to investments like Air b&b or door dash which at the time are reserved for angel investors.
That’s a problem for anyone who doesn’t have 1m dollars or more to become an accredited investor.
We also wanted something else to do with our crypto other than buy, hold, sell, and now stake or farm
Mary | Satoshi Club: @Deni121496 welcome, tell us, please, about yourself and your way to QuiverX 😉
Y0giJi | QuiverX: Additionally we both Mike and I have opened success business in the small and medium enterprise market and wanted t find a way to invest in our business similar to how a presale is conducted today with many investors providing capital in a decentralized manner.
So after many cups of coffee and meets, we decided on QuiverX
Mary | Satoshi Club: This is a very good start, your aspirations are clear👍
Deni: Hello everyone I’m Deni! I am one of the members of QUIVER X. Joining QUIVER X is one of the best things I did. They have lots of activities and everyone is welcome. The admins are nice and they have different contests where everyone can join!!! You can share your talent and creativity!!
Mary | Satoshi Club: Thanks, Deni, for our Satoshiclubbers like activities, I think they definitely will bring more activity to your group👍
Y0giJi | QuiverX: Thank you 👍 @Deni121496
D. | Satoshi Club: Nice! looks like you have an amazing team! 👍
Y0giJi | QuiverX: Looking forward to it!
Mary | Satoshi Club: Great introduction and now I think we can start with questions from our community, ready for them?😉
Y0giJi | QuiverX: Sounds good yes!
D. | Satoshi Club: let’s go!
Q1 from Telegram Username @Jmagsss
According to your tokenomics, there is a 19.18% allocation for Bankrolls, what is the purpose of this allocation and where will it be used?
Y0giJi | QuiverX: In order to list on exchanges typically you need to give them a number of tokens. Some of these bankroll funds will be used for that. We will also use some to make further developments and to supplement our marketing fund if needed.
Mary | Satoshi Club: Which exchanges do you plan to list $QRX ? As I know, you are listed on Uniswap now, right?
D. | Satoshi Club: if it’s not a secret 😉
Y0giJi | QuiverX: At the moment we are looking at integer and Biki but further, down the road, we would like to list on Kucoin and Huobi
D. | Satoshi Club: I’m going to ask a straight question – when Binance?
Y0giJi | QuiverX: When are market cap is 3 times what Binance ask for listing lol 😂
Mary | Satoshi Club: Ahaha) wish you to reach this goal in the nearest future)
Y0giJi | QuiverX: Same here lol 😂
D. | Satoshi Club: 😁👍understood. I didn’t know about these rules
Mary | Satoshi Club: Also, what about marketing? Do you have any bounty programs?)
Y0giJi | QuiverX: Yes we have done quite a few promotions the most recent was our meme contest which totaled in about 80k QRX in prizes. And we will be doing many more. Our next one will be soon.
Deni: So exciting!! ♥️♥️
Y0giJi | QuiverX: We are also partnering with token minds which have raised over 75m in funds for various projects
D. | Satoshi Club: Great! waiting for the announcement!
Y0giJi | QuiverX: http://lp.tokenminds.co/
Mary | Satoshi Club: It’s a great, very promising partnership 👍 congrats!
Y0giJi | QuiverX: We are also finishing an agreement with the platinum crypto trading academy.
Homepage
Mary | Satoshi Club: What will be this partnership about?)
Y0giJi | QuiverX: They have over 150 thousand crypto investors and publish a monthly magazine where we will be featured
Mary | Satoshi Club: Got it😀 👍
Y0giJi | QuiverX: We are talking about some other things but will release that information in time lol
Mary | Satoshi Club: Very nice, I see you developing very quickly)
Y0giJi | QuiverX: The market moves quick lol
Mary | Satoshi Club: But we like secrets here😂😂😂
And are you ready for the next question?😀
Y0giJi | QuiverX: Yes 👍
D. | Satoshi Club: Q2 from Telegram user @abedmahmud
On your website, on the team section, you have published only 2 members of the team: Ivan Castillo and Mike Adams. You have only 2 members? or you work with other person projects based? how big is your team?
Y0giJi | QuiverX: Yes mike and I are the licensed owners of the LLC. We work with a company called OpenXCell for our development with about 12 people on the team including front end, back end, blockchain developers app developer project managers, and so on.
We have also partnered with the Ferrum network for staking and their team.
Also, token minds which have about 4 people on our marketing campaign.
We also have 3 advisors from big names who have been guiding the project.
Open-cell will list on our site soon and you can see the Ferrum lid dex tool and token minds on our website.
Our other advisors will list in time.
https://www.openxcell.com/
Mary | Satoshi Club: Any open positions in QuiverX?)
D. | Satoshi Club: Can you tell us the names of your advisors?
Y0giJi | QuiverX: Not at the moment 🙏
Y0giJi | QuiverX: We are also interested in bringing on talented individuals. Most recently we added two fantastic community managers who have saved our skins more than once and our community wouldn’t be what it is today without them.
If someone from the Satoshi club community is interested they are welcome to message me.
We hired 3 people from our meme contest to do some work for us based on their submissions so we are always open to working with people who are talented.
Mary | Satoshi Club: We have a lot of talents here😉
Deni: Can I be your graphic artist, lol, kiddin’
Mary | Satoshi Club: Thank you, I see a lot of people are working with you) sure, we will hear the names of your advisors soon.
Deni: That’s definitely true!! many talented people on Quiver X
Mary | Satoshi Club: We need to make a mix😂 it will be something amazing;😀
Y0giJi | QuiverX: Haha
Mary | Satoshi Club: Should we proceed? Next question?)
Y0giJi | QuiverX: Definitely! Yes
D. | Satoshi Club: Thank you for the answers! 😊
Q3 from Telegram Username @Jmagsss
I am interested to acquire one of your payment cards, how can I apply and what are the requirements to be eligible?
Y0giJi | QuiverX: We are waiting to hear back about when they will be ready but the paperwork has been submitted and we meet the qualifications for getting them. We will have more information as time goes on but we are looking to have them ready in 6-8 months.
We will have similar requirements and structure to crypto.com and Swipe.
Mary | Satoshi Club: You need to get some licenses for this, right?
Y0giJi | QuiverX: Correct 👍 our licenses are being processed 🙏
Mary | Satoshi Club: In which country you will get them?
Y0giJi | QuiverX: We are currently in the United States and cards will be available to the user depending on their local regulations
Mary | Satoshi Club: Oh, the USA, you are famous in crypto) it’s really hard to get licenses there, as I know. Wish you success with this👍
Y0giJi | QuiverX: Thank you 🙏 we are working with the Nevada sandbox program which has made it possible for much crypto-related business to thrive in this changing economy
Mary | Satoshi Club: So, we can go to the next question?) Or you have something to add?)
Y0giJi | QuiverX: One way we are doing this is by keeping our platform decentralized and using our token strictly as a utility for our platform rather than to hold securities and make our services centralized. Next question works 😁
D. | Satoshi Club: Next question about the card as well 😁
Q4 from Telegram Username @zaferce
Can I earn bonuses for purchases with a QuiverX Capital point of sale payment card and in which areas will the 5% cashback provided for additional services apply?
Y0giJi | QuiverX: Initially in order to bring users to our platform we will have many incentives and bonuses so early adopters will be the ones to benefit the most so initially we will offer 5% cashback on all payments made using the card payable in our utility token and these funds have already been allocated in our staking rewards. After we will supplement rewards through fees generated on our site from listings marketing promotions and so forth and we will offer comparable returns to what is available on the market when we get to that point.
Y0giJi | QuiverX: Of course our token is tradable on the market so users can do what they like with their rewards
Mary | Satoshi Club: Do you have any approximate timeframe when this all will go live?
Y0giJi | QuiverX: 6-8 months depending on processing time but it could slide a little either way
Mary | Satoshi Club: Nice, so, I think we will need to wait for an announcement 👍 in crypto time flies fast, so…)
Y0giJi | QuiverX: Yeah definitely but better to be transparent with realistic appraisals then to offer pipe dreams and push backs lol
We will have many interesting features and developments to keep people engaged until the point of sale cards roll out
Mary | Satoshi Club: Yes, the truth is the key point and anyone will be disappointed 👍 Sure, you will! If this question is covered we can go to the next one)
Y0giJi | QuiverX: Definitely our strategy is to undersell and overproduce 😁 rather than the other way around. Ready for the next one 👍
D. | Satoshi Club: Q5 from Telegram Username @ozmnhkn
What will be the most profitable in the Quiver ecosystem? Staking or lending, Yield pharming? What are the future incentives for liquidity providers in Quiver?
Y0giJi | QuiverX: Farming at the moment offers about 6000% APY but as things stand we will only have one farming round which has started 6 days ago and will last for 20 weeks. The reward for farming are deflationary and learn holders will have the ability to have some voting of community-related projects and other special rewards as the site, wallet payment cards and marketplace come available
Farming is like a checking account.
Staking on the other hand right now offers higher rewards than both swipe and crypto.com and holders will receive QuiverX for staking.
Staking is like a savings account. Especially if you are interested in the platform.
Because QuiverX will have associated fees for marketing promotions listings and so on we plan on covering an undecided portion to the community and offering many bonuses as time goes on.
Our highest rewards for staking at the moment are up to 74% and that pool starts today
D. | Satoshi Club: there is a minimum amount for staking?
Mary | Satoshi Club: 6000% APY)))
Y0giJi | QuiverX: No minimum amount for staking
Mary | Satoshi Club: Also, how can I stake? Where?
Y0giJi | QuiverX: Yes currently and they will decrease until the farming is finished.
All of our medium articles can be viewed here
https://link.medium.com/Mt19B91G0ab
https://link.medium.com/uO3iyLZG0ab
https://link.medium.com/9j8ORS0G0ab
https://quiverx.io/staking
Y0giJi | QuiverX: Farming can also be found on the drop-down tab on the QuiverX website under the tab xEarn
Mary | Satoshi Club: Thank you, I think it will be a good help for those who want to stake QRX)
Y0giJi | QuiverX: Of course!
D. | Satoshi Club: And I want to ask you about the hottest topic of DeFi…NFT…any plans to work with this? 😁
Y0giJi | QuiverX: Haha we have partnered with an NFT artist for one of our up and coming promotions. More information on this will be released in the future but one thing I will say about it is 42 lucky people will have wallet fees waived for life.
Mary | Satoshi Club: You have answers for all questions 😂
Y0giJi | QuiverX: They said I had ADHA lol
Mary | Satoshi Club: 😂 and the last question from this part?)
Y0giJi | QuiverX: Not from me
D. | Satoshi Club: from Kev
Q6 from Telegram Username @KevSalom
If I require some capital for a business or a small company I am starting, how can I use QuiverX to find potential investors? Should I advertise, check my brand, or what actually? Please explain this process to us.
Y0giJi | QuiverX: Sure as a business looking to use our platform first sign up provide proper documentation and verification
Mary | Satoshi Club: Do you have a list of documents for verification?
Y0giJi | QuiverX: Business license
Any other required licensing
Insurance
Business plan and proposal
Identity verification
KYC
Once you and your business have been verified you can post your listing.
You put all the information about your business plan and others how much you’re looking to raise what your payment schedule will be and so forth.
Once you are listed on the site you get placed into your category under the new listings and if you are popular your listing will be front-run under new business on the front page.
You will also be able to pay for marketing promotion and others to have your project have more visibility.
The community will also be able to vote to have your project features.
We have plans for video promotions banners writing and others
We have modeled our crowdfunding after start engine
https://www.startengine.com/raise-capital
Mary | Satoshi Club: So, a business can apply now? Is this already live?
D. | Satoshi Club: Thank you! I think now candidates have all information they needed
Y0giJi | QuiverX: If a business had these requirements and was interested in being a part of our platform they can message us and apply to be listed before the site comes live to be one of the first listed. We are also reaching out to the business to invite them to be a part of our platform
Mary | Satoshi Club: Thank you👍 Very informative answers 😀
Y0giJi | QuiverX: Thank you 🙏
Mary | Satoshi Club: And now our community is waiting for the live part of this AMA)
Ready for the storm of questions?)
Y0giJi | QuiverX: Yes definitely
Mary | Satoshi Club: Let’s go 🚀
PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS
In this part the chat was open for 80 seconds; a lot of questions were posted by the Satoshi Club community. Our guests chose the best of them.
Q-1 from telegram user @surendra040
What is the governance model of QuiverX ? how can user participate in governance?
Y0giJi | QuiverX: Our governance info can be found here: https://link.medium.com/0zORAlwI0ab
Q-2 from telegram user @surendra040
Is it true that QuiverX chose to allocate unsold tokens to those who have already invested rather than burning it? I also found 4.5 million tokens were burned. Why the tokens were not allocated and burned?
Y0giJi | QuiverX: There were no unsold tokens our presale sold out in 2.5 hours.
The burn happened and can be seen here
http://etherscan.io/token/0x6e0dade58d2d89ebbe7afc384e3e4f15b70b14d8
Our marketing funds were used for a Hotbit listing but the community after confirming then voted not to list on Hotbit so we did a buyback for the same amount as our marketing fund.
We have done over 200 ETH in buybacks so far.
Q-3 from telegram user @KhaleesiTheCryptoLady
How did you select these 42 lucky people that will have wallet fees waived for life? Is there any way on how we could also have it?
Y0giJi | QuiverX: You’ll have to wait and be a part of the promotion
Q-4 from telegram user @BERTA2020
Can you explain your token distribution to me? Do you have plans for this distribution?
Y0giJi | QuiverX:
Q-5 from telegram user @Midm33
What are the advanced features of QuiverX that make it ahead of its competitors?
Y0giJi | QuiverX: We have many features that are comparable if not better then markets best projects what sets us apart is our integration plans for small and medium enterprises.
Q-6 from telegram user @Brucedt
I have a few questions about the team, how many developers are working on the project?
Y0giJi | QuiverX: 12
Q-7 from telegram user @Brucedt
Can buy and sell crypto through a local bank ( credit card, debit card) in $QRX exchange? How can #QuiverX support trading?
Y0giJi | QuiverX: We will not initially be an exchange but will interact with exchanges through our wallet and platform.
Q-8 from telegram user @warny
What is xEarn (XRN) and how is it different from QuiverX (QRX)?
Y0giJi | QuiverX: xEarn will be used for governance and QuiverX will be a utility for the platform form is the most important feature.
Q-9 from telegram user @Jonahapagu
I saw a Call you made that everyone who has placed any liquidity into quiverX XEarn farming platform should remove them as soon as possible before the month Ends.. can you explain why this call was made, did you Change your smart contract if yes Why.. don’t you think this will affect users who may not be able to remove their liquidity before your timeframe and lose their tokens.
Y0giJi | QuiverX:
Yes, we had some contracts made for the farm before it launched. The community asked for some changes.
We took it to a vote and decided to create new contracts before the farm went live. No one lost any money
Q-10 from telegram user @Okeesha_Vinula
As I know you’re Successful ended Big MEME CONTEST For users. BUT I miss that😕. That’s my bad. So I’m Very Interesting For Buy and Hold Your $QRX tokens.
My question is: Where I can buy $QRX tokens?. Which pairs available for buy?. What is the minimum & maximum buy amount for $QRX?
Y0giJi | QuiverX: You can buy QuiverX on Uniswap here: https://uniswap.exchange/swap/0x6e0dade58d2d89ebbe7afc384e3e4f15b70b14d8
Part 3 – Quiz
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ was distributed between the winners.
Answer for a QUIZ
What is the main difference between QuiverX and its competitors?
D. Focus on Small and Medium Enterprise
What is the next development to be released from QuiverX?
D. QuiverX Staking
Who has QuiverX partnered with?
D. All of they above.
What blockchain does QuiverX plan to integrate with first?
B. Polkadot Network
For more details:
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
Website: https://esatoshi.club/
Twitter: https://twitter.com/esatoshiclub
Our guest: