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
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
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
DDan B
To put it simply, Satoshi Airlines is a Web3 air travel mobile app
GGold Rocket | Satoshi Club
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?
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
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
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
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 $SAT during private sale, any discount?
DDan B
ok, so there is no kyc required
DDan B
You can buy using ethereum on TheGemPad in 4 days, with a minimum of 0.05 eth and max of 30eth
DDan B
The benefit is that you can enter at 0.03 and get a 40% discount, dex listing price will be at 0.05$ per token
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
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
HHenry
gempad sales is fine, and free minting whitelist
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
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
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
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
GGold Rocket | Satoshi Club
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?
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.
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???
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
DDan B
4. The youg generation: young people like genz who are early adopters of new tech will likely embrace blockchain based solutions
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
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?
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
You also have breeding where you can get random upgrades that improve the stats even more
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?
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?
GGold Rocket | Satoshi Club
I traveled thousands of kilometers by train in two years
GGold Rocket | Satoshi Club
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
We promise free minting slot for Satoshi club members.
GGold Rocket | Satoshi Club
MMary | Satoshi Club
Guys, are you ready for the last question from this part of our AMA?
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
GGold Rocket | Satoshi Club
Thanks for the great answers
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~