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Satoshi Airlines Recap

November 2, 2023 / 1:00 pm

Satoshi Club, Satoshi Airlines
300$ prize
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Part 1 — introduction and questions from the Telegram & WebSite

MMary | Satoshi Club

Hello Satoshi Club community! Happy Thursday everyone! It's great to have you here today. Let's get the AMA session with Satoshi Airlines!

GGold Rocket | Satoshi Club

Greetings dear Satoshi club!

DDan B

Hey Guys, im Dan ceo at Satoshi Airlines, happy to be here

GGold Rocket | Satoshi Club

Today we have wonderful guests

MMary | Satoshi Club

Welcome to Satoshi Club, Dan

GGold Rocket | Satoshi Club

https://t.me/oxVersion and https://t.me/ushigomekitamachi welcome

MMary | Satoshi Club

How's going?

DDan B

Day is good thank you, normal busy work day, how about you guys?

GGold Rocket | Satoshi Club

Finally, Satoshi Airlines visited the Satoshi Club

DDan B

Yes, thank you for having us

MMary | Satoshi Club

We are fine! Excited to know more about Satoshi Airlines today! We will start our AMA with introduction of your project

GGold Rocket | Satoshi Club

We are absolutely excited for the next AMA with you. And we are waiting for good news

MMary | Satoshi Club

Guys, could you please introduce yourself and your roles in Satoshi Airlines project

MMary | Satoshi Club

And some secrets

MMary | Satoshi Club

DDan B

I am Dan the CEO of Satoshi Airline and joining me is Henry who is the person in charge of operations, he is the man that makes things run smoothly

GGold Rocket | Satoshi Club

https://satoshiair.xyz/ Satoshiclubbers visit the website and subscribe to all social networks of the project

HHenry

https://www.youtube.com/watch?v=Pxq4cOLgn0Y

GGold Rocket | Satoshi Club

Nice to meet you

DDan B

To put it simply, Satoshi Airlines is a Web3 air travel mobile app

GGold Rocket | Satoshi Club

Hi Henry!

HHenry

nice to be here

GGold Rocket | Satoshi Club

revolutionize this industry

MMary | Satoshi Club

It's really cool, i travelled a lot recently, so i would like to know more how i can profit from my journeys??

DDan B

Its the first Web3 Lifestule/airtravel app that rewards you for your flights, via our "Fly To Earn" model

MMary | Satoshi Club

It sounds like i will live in the plane soon

HHenry

android app can download and mine token https://play.google.com/store/apps/details?id=com.satoshiairline.testapp

GGold Rocket | Satoshi Club

This is indeed a very promising direction

MMary | Satoshi Club

How did you get this idea to create such a project?

HHenry

Iphone wait approval.

MMary | Satoshi Club

What about your team? Is it big? What experience do team members have?

DDan B

Well there are a few drawbacks with the current systems that airtravel companies use to rewards their customers.

HHenry

stepn is move to earn , satoshi airlines is fly to earn , i worked airlines before. want to make crypto airline with something cool.

DDan B

Also its a bit dificult to acumulate miles withing the classic airtavel systems beacasue its costly

GGold Rocket | Satoshi Club

wow! A crypto airline sounds cool

MMary | Satoshi Club

Hmm, this is true, i wish i will get rewards in crypto

DDan B

With a crypto based solution, airlines can explore more afordable and easier options to reward their customers.

HHenry

https://youtube.com/shorts/5UF_uuKfBUc Fly soon? Join the tester crew and earn reward tokens based on your travel distance. Let's journey to the Moon together. Check it out at http://shorturl.at/eikG9

MMary | Satoshi Club

Rewards flying through Blockchain

DDan B

Also, having crypto as a reward does not bound you the airtavel market. You can spend the crypto rewards as you please

DDan B

Getting started is easy

MMary | Satoshi Club

We will definitely join, you have several more testers now

DDan B

You dont need any initial crypto investment, just download the app, do the onboarding process and you are good to go

HHenry

free rider vs jet set mode have.

GGold Rocket | Satoshi Club

This is something new for me

DDan B

Yes, there are basically 2 modes: 1. Free Rider

>> No crypto or nft required, you still get to earn rewards 2. Jet Set Mode

>> Available for nft holders, this mode yields more rewards and you have access to exclusive features

MMary | Satoshi Club

Do we need to choose certain airlines to get rewards or it works for all?

DDan B

The whole app experience was gamified this makes it easy and fun for people to use it

HHenry

all airline is fine, we just need your departure airport and arrival airport verification

DDan B

Works for all

MMary | Satoshi Club

Wow! Fantastic!

MMary | Satoshi Club

Guys, your intro was so cool that we want to dive deeper into the details of your project! Are you ready for the first part of our AMA?

GGold Rocket | Satoshi Club

Yes, it can work for everyone

DDan B

Yes

GGold Rocket | Satoshi Club

Q1 From Telegram User @drweird007 Hello I check that Satoshi Airlines will do Private Sales on TheGemPad 6Nov, are there any requirement to fulfill for example like KYC? also how much minimum $SAT that user able to buy? Lastly can you please share what are the benefit to buy $SAT during private sale, any discount?

DDan B

ok, so there is no kyc required

DDan B

You can buy using ethereum on TheGemPad in 4 days, with a minimum of 0.05 eth and max of 30eth

MMary | Satoshi Club

Can you give us a link?

DDan B

The benefit is that you can enter at 0.03 and get a 40% discount, dex listing price will be at 0.05$ per token

MMary | Satoshi Club

To your Private Sale

HHenry

yes round1

HHenry

private round 1 private round 2 IEO(MULTI) exchange listing (dex & cex), end of month

DDan B

yes, under the condition of a significant price discount, only 20% of tokens will be distributed upon listing and 10% each month

DDan B

TGE is 20% with vesting 8 months

DDan B

https://gempad.app/special/0xb3a7fa6E829Ab42Fd452F0172dc3ccF80A579a4d?chainId=42161

DDan B

More details here

MMary | Satoshi Club

What benefits users who bought in Private Sale will get? In simple words - is it better to buy on Private Sale or earn through using your app?

GGold Rocket | Satoshi Club

Thanks for sharing.

HHenry

gempad sales is fine, and free minting whitelist

HHenry

only 50 investors

DDan B

the main benefit is that you have the changes to get yout hands on a good investment in its baby phase and can get a free minting for the nfts.

DDan B

You can still earn in Free Rider Mode and buy later

GGold Rocket | Satoshi Club

this is a nice bonus

MMary | Satoshi Club

Yes, baby phases works almost always especially if you are in the beginning of the bull market

DDan B

Yes we belive that we are in a key position right now

MMary | Satoshi Club

Thank you guys for your answers! Ready for the second question?

GGold Rocket | Satoshi Club

I agree with you. the time is perfectly chosen

DDan B

Yes

GGold Rocket | Satoshi Club

Q2 from Telegram User @MudaraSilva Greetings, Satoshi Airlines! While exploring your tokenomics, I noticed that the largest portion (30%) has been allocated for travel rewards. Could you please provide more details about this feature? What led you to consider it the most important factor when allocating tokens? I understand that the Fly2Earn feature encompasses both earning rewards for traveling and renting planes. Can a single user utilize both methods to earn rewards? I have heard of Play2Earn projects, but this is my first encounter with a Fly2Earn platform. Are you the pioneering team in introducing this feature? If so, what inspired you to do so? Thank you.

DDan B

We are the pioneering team that introduced Fly2Earn, yes

DDan B

In the white paperm we alocated 30% of tokens as TRAVEL TO EARN rewards. Travel to earn happens during actual travel after leaving the ariport.

MMary | Satoshi Club

What will happen when all this 30% will be payed off? Buyback from the market?

DDan B

We also have mining rewards. We developed an indicator called FLIGHT STONE. FLIGHT STONE allocates 20KG to all users, and various factors such as NFT holder, pre-travel check-in, and travel distance are combined For more details see the link https://medium.com/@satoshiairlines/unlocking-satoshi-airlines-travel-rewards-flight-stone-and-pre-check-in-innovation-6c2f3a74beea

DDan B

And the thrid rewarding mechinaing is ARIPORT NODE, You can receive staking rewards after purchasing the desired airport and setting up a node. Please refer to the link https://medium.com/@satoshiairlines/passive-income-and-airport-node-staking-9026a14cbcf5

GGold Rocket | Satoshi Club

by the way, what does your road map look like?

DDan B

Our bussiness model relies on non crypto related reveneu streams, such as data aggregation advertisemets and travel insurance

MMary | Satoshi Club

Got it ??

DDan B

WE want to have a sustainable system that can grow organically over time with real value

HHenry

https://satoshiair.gitbook.io/docs/about/roadmap

MMary | Satoshi Club

Nice plan??

GGold Rocket | Satoshi Club

thank you very much

DDan B

The main focus is to roll out the mobile app right now. We will be integration a global distribution system that allows users to book flights all over the world

DDan B

This would take around 6 months to incorporate

DDan B

Meanwhile we need to get our customer support ready

GGold Rocket | Satoshi Club

Great search for personnel

DDan B

once the system is integrated and well tested we should be ready for our alpha release

GGold Rocket | Satoshi Club

Thanks for the great answer

DDan B

Once alpha is good to go its time to add features such ariport node launch, ai integrations and get going on a heavy marketing campaign

DDan B

This is a rough outline of the roadmap

MMary | Satoshi Club

I am sure, you will do all you need for the perfect service in time

DDan B

You can get more info on our website

MMary | Satoshi Club

Thanks for detailed answers! Ready to proceed?

DDan B

https://satoshiair.xyz

DDan B

Yes

GGold Rocket | Satoshi Club

Q3 from Telegram User @DexTerAdLer Hey guys , As we all know scaling a new financial system also requires overcoming security risks. What audits or guarantees can assure users that funds and assets are protected from exploits? On the regulations side , requirements like KYC could hamper pseudonymous participation. However, excluding jurisdictions with strict rules might limit reach. How are you approaching this tension? Can compliance exist alongside censorship resistance? And lastly , older demographics often drive airline loyalty membership today. How will you market to these users to embrace Web3 earning models which may be unfamiliar? Educational/onboarding challenges with new tech are often overlooked.

GGold Rocket | Satoshi Club

DDan B

Security is one of the most important aspects when it comes to crypto projects, Coming form a crypto development backround myself, i cannot stress this enough

DDan B

There are to aspects for smart contract security to consider when developing decentralized projects: 1. Code security which can be guaranteed by running audits and making sure that the system build is airtight 2. Social secuirty which refers to the team itslef being honest and our or projects having good protocols in place to prevent mallicious activity

DDan B

Our team covers both these point being well dedicated and versed in the landscape

MMary | Satoshi Club

Btw, what Blockchain are you built on?

DDan B

Further more we will be requesting third party non biased auditing from reputable firms to make sure everything is on order.

HHenry

arbitrum

MMary | Satoshi Club

Nice choice!

DDan B

Fund management will be handle via multisign wallets

GGold Rocket | Satoshi Club

And why did the choice fall on it?

DDan B

And, from a regulatory perspective, KYC (Know Your Customer) requirements can restrict anonymous participation, but projects may choose not to require KYC and instead employ alternative methods. For example, a project can utilize anonymous digital assets and strengthen other security measures without demanding KYC.

MMary | Satoshi Club

We will wait for your updates regarding this

DDan B

We love the speed and environment of arbitrum, apart from that the tokens will be available on a cex as soon as possible making it really easy for people to access the market

MMary | Satoshi Club

Guys, do you want to add something or we can go to the next question???

DDan B

Related to demographics

GGold Rocket | Satoshi Club

Customer care is very valuable

DDan B

the global population is now 8 billion, our Serviceable Available Market is people using cryptocurrency while traveling. Approximately 628 million people can become our customers.

DDan B

There is basicaly 4 demographic target: 1.-Blockchain Enthusiasts: Individuals already familiar with blockchain technology and cryptocurrency who are interested in exploring new applications and opportunities within the space.

DDan B

2. Gamers: People will love playing with the nfts by upgrading, renting and trading them

DDan B

3. Travel Enthusiats: people who love to travel and are open to innovative ways of experiencing and earning rewards from their journeys.

GGold Rocket | Satoshi Club

@madamlobster it's you

DDan B

4. The youg generation: young people like genz who are early adopters of new tech will likely embrace blockchain based solutions

MMary | Satoshi Club

Definitely!

DDan B

We also plan on getting older people onboard. Our platform is user friendly and they will have no problem using it

GGold Rocket | Satoshi Club

Thank you for such a detailed answer

GGold Rocket | Satoshi Club

I like your attitude towards clients.

MMary | Satoshi Club

I see you pay attention to all details

DDan B

We ae also exploring the idea of bringing older people to Defi and creating online comunities that address this topic, introducting them to the space will give them the posibility of expanding their financial tools and mindset.

GGold Rocket | Satoshi Club

This is really unexpected to be honest

DDan B

Once people understanf how easy it is to use crypto as a payment/info channel thei will start using it more and more

MMary | Satoshi Club

You will break prejudices

DDan B

However, our main market is focused around travelers that are familiary with crypto/defi/web3. It is here where we will build our foundation

DDan B

communities like this one

GGold Rocket | Satoshi Club

I understand what you're saying. We use a washing machine, a car, an airplane, a computer, etc. and we don’t think about how it works. When mass adoption comes, people will use crypto and not think about blockchain

MMary | Satoshi Club

Thank you for your answers! Guys, i feel we are ready for the next question! Am i right???

GGold Rocket | Satoshi Club

Q4 from Telegram User @uniqueVicky One of the features that NFT card ownership will enjoy is STAKING. Can we know how Staking with Satoshi airlines work? Do you do staking options according to tiers? What is the minimum and maximum amount of SAT token users NFT holders can stake?what is the ApY like? Please give more details on Staking? Thanks

DDan B

ok so NFT card holders will receive rewards based on the distance that they traveled.

DDan B

The top rankers will get access to a separate staking pool

HHenry

Sap token

HHenry

Sat token

DDan B

When traveling, plane cardholders can register mining flights according to card rarity. more info on the types of cards and mechanics here https://satoshiair.gitbook.io/docs/other-info/game-mechanics

DDan B

Basically 5 tires: Common: Ultra-short-distance route / less than 2,000km Rare: Short-distance route / less than 5,000km Epic: Medium-distance route / less than 8,000km Legendary: Long-distance route / 12,000 km or less UFO: Long-distance route / 18,000 km or less UFO cards can only be acquired through breeding (purchased with a combination of SAT+SAP tokens

DDan B

There is no nimim amount and we cannot give and estimate on an APY because it depends on how much you travel and use the app

MMary | Satoshi Club

When staking will go live?

HHenry

Now test version staking work for travel.

DDan B

Once the app rolls out, we are currently testing

MMary | Satoshi Club

Awesome ?? i would like to try this!

GGold Rocket | Satoshi Club

MMary | Satoshi Club

Guys, ready for the 5th question?

DDan B

Yes please

GGold Rocket | Satoshi Club

Q5 From Telegram User @LobaPox Welcome aboard Satoshi Airlines and Happy you’re here to share more with our community. The deteriorating NFT attributes from usage is an interesting mechanic that mimics real-world planes needing maintenance. However, does this penalize your most engaged users as their cards degrade faster? Are there any ways to slow decay for active players? On restoring cards, will runes only provide temporary stat boosts or permanently increase base attributes?(I mean, If temporary, players may feel like they’re on a rune treadmill having to continually re-apply.) And For upgrading cards through combining, is there opportunity for users to customize or influence the resulting NFT’s attributes? Or will outcomes be completely random?

DDan B

There are four attributes provided by default.

HHenry

Here showing is attributes. Ex) fuel,mine,luck,durability

DDan B

The maximum values ??for fuel, mine, luck, and attribute vary depending on the card level. Traveling consumes energy, but it is restored after a certain period of time.

DDan B

rune increases a certain amount of energy to the current attribute

DDan B

giving a boost

DDan B

You also have breeding where you can get random upgrades that improve the stats even more

MMary | Satoshi Club

Awesome system

DDan B

Breeding is random, We are planning to release the probability table check more here https://satoshiair.gitbook.io/docs/other-info/game-mechanics

HHenry

Breeding, two card mix and get higher card

GGold Rocket | Satoshi Club

It looks great, to be honest

DDan B

Basically the while experinece revolves around users upgrading their cards, the more upgrades you get the more benefits you get.

MMary | Satoshi Club

I see, that everyone can get rewards and try his luck in Satoshi Airlines

DDan B

What i find really intresting is the fact that you can rent out planes

GGold Rocket | Satoshi Club

When you get a higher card, do the previous two burn?

HHenry

Only lower card burn

DDan B

So even if you dont travel you let free riders use you plane earns you passive rewards

MMary | Satoshi Club

Btw, if someone travel only by train?? didn't you think about founding Satoshi Railways?

HHenry

GGold Rocket | Satoshi Club

I traveled thousands of kilometers by train in two years

GGold Rocket | Satoshi Club

Good business idea

DDan B

More info on attributes here https://satoshiair.gitbook.io/docs/other-info/runes-and-attribute#what-is-an-attribute

MMary | Satoshi Club

As i know we will be able to buy on OpenSea?

GGold Rocket | Satoshi Club

Thanks for sharing attributes

HHenry

Free minting available soon

MMary | Satoshi Club

Wow, please, share with us when it goes live

HHenry

Opensea launched today but now only 2 plane is there. Bcz we don't start yet

HHenry

Will announce later

MMary | Satoshi Club

We are

HHenry

We promise free minting slot for Satoshi club members.

GGold Rocket | Satoshi Club

thanks for this

MMary | Satoshi Club

Guys, are you ready for the last question from this part of our AMA?

DDan B

yes

GGold Rocket | Satoshi Club

Q6 From Telegram User @tolgaozek In reward programs in airline industry, one segment is shop and earn cards. You spend money via those cards and earn miles. So those miles be used in flights. Any future engaging plans of Satoshi Airlines on this shop & earn area?

DDan B

To be honest, I have never reviewed the store. However, mileage accumulation is possible. We connect our own airline reservation engine. Like Skyscanner, mileage payment in the form of points is possible. However, it will be paid in SAP tokens rather than points. Receive additional mileage when purchasing airline tickets using the Satoshi Airlines flight reservation engine. Receive payment in SAP token

DDan B

We will explore this idea

MMary | Satoshi Club

I am sure you have a lot of ideas for the future to you implement

GGold Rocket | Satoshi Club

Thank you. This is a really working model

MMary | Satoshi Club

Awesome first part

GGold Rocket | Satoshi Club

Thanks for the great answers

DDan B

Happy to answer

GGold Rocket | Satoshi Club

Please share your important links on social networks before the live part

HHenry

https://linktr.ee/satoshiairline

HHenry

https://opensea.io/collection/satoshiairlines

GGold Rocket | Satoshi Club

Look carefully satoshi club! this project is the future

HHenry

this will be updated. just created today~

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Part 2 — Live questions from the Telegram community

GGold Rocket | Satoshi Club

Thanks Satoshi club!

GGold Rocket | Satoshi Club

it was powerful

SSalih Berk

Your project reminded me of StepN. While StepN was very successful, it experienced high NFT and high token inflation. This caused damage to many users. Do you have solutions for high token and high NFT inflation?

HHenry

The drop in stepn nft prices is due to the increase in top users. A pyramid structure is necessary for the nft price to be maintained. stepn is an inverted pyramid structure. A policy of continuous influx of new users is in place to maintain the pyramid structure. ex) invite program, nft card can mint 3 times more,, when mint, they need invite some new users .

AAPE Crypto

How can one access the Satoshi Airlines platform? Is it available in all regions?

HHenry

yes worldwide, if download app, fly anywhere and get reward even free rider mode

CChloé

Can you elaborate on the role of SAT and SAP tokens in the ecosystem and how the reproduction of plane cards with UFO cards enhances the overall experience of participants in your project?

DDan B

SAT is a gorvernance tokens that you can stake and that gives you governance power SAP is the reward token for the nft game

CCrypto Jiren

How does Satoshi Airlines plan to attract users who do not own NFTs to use the application?

HHenry

5 million a day, flyer? we have free rider mode, even non-nft holder, can enjoy reward, but reward is limited.

ƑƑԼƠƜЄƦ

since the AI Technology is a new do you think it’s appropriate to ne used in your project considering some of it’s limitations ?

DDan B

AI is on our roadmap. AI chatbots are becoming prominent in the technology industry. They have proved as effective complementary tools for artists, coders, and other professionals. As AI chatbots continue to innovate the industry, they provide more opportunities in the crypto world. Satoshi Airlines is one of the early adopters of AI chatbots with plans of incorporating AI chat into travel applications. Booking flights, customizing planes, and enjoying the app will become better and more advanced! Using AI chatbots should help Satoshi Airlines continue with its upward trend. Users can expect a travel AI companion that can serve as their personal assistant. AI chatbots can make the user experience a hundred times better. Users can have a travel AI companion that can make transactions more engaging and fun!

MMudara Silva

Greetings Sir! I’ve noticed your partnerships with Gotbit and BinancePay. Do members of the Gotbit community and BinancePay users enjoy any exclusive benefits when utilizing your platform?

HHenry

6month is enough for live deploy include flight booking engine connect, of course crypto payment

GGold Rocket | Satoshi Club

thank you very much friends for doing such a cool project in difficult bear times. your innovative ideas and attitude to business and to the consumer are worthy of respect and will definitely succeed ❤️👏👏👏 @ushigomekitamachi @oxVersion Incredibly fantastic AMA 🤗

MMary | Satoshi Club

Thank you to everyone who participated in our AMA session with Satoshi Airlines. We hope that you found the discussion informative and insightful🤓. We appreciate @ushigomekitamachi @oxVersion for taking the time to answer our questions! We look forward to seeing the continued development of Satoshi Airlines! Thank you again for joining us today and have a great day!🥳

DDan B

Thank you for having us 😊️ It was a good experience

HHenry

crypto beginner welcome. just download and input airport arriva & departure. then app give cool reward. so easy to play games

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Part 3 — Quiz Results

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.

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