ONE Immortl x Satoshi Club AMA Recap from the 26th of January

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 ONE Immortl and our guest was . The AMA took place on the 26th of January

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&WebSite

Gold Rocket | Satoshi Club

Greetings, dear Satoshi Club community! We are pleased to announce AMA with ONE Immortl

Robocop | Satoshi Club

And Today our special guests are @denisstolper @kellenmiller

Welcome to Satoshi Club!

Immortl Denis

Hi there, glad to be here

Kellen Miller

Hi everyone, thanks for having us!

Gold Rocket | Satoshi Club

Hello and welcome to Satoshi Club guys

Gold Rocket | Satoshi Club

How are you doing

Immortl Denis

excited for what is to come and feeling great. you guys?

Gold Rocket | Satoshi Club

We are honoured to have you here today

Robocop | Satoshi Club

I am really great, so excited to do AMA with One Immortl

Robocop | Satoshi Club

So lets start our AMA !

Gold Rocket | Satoshi Club

So… Let’s start! Introduce yourself please. How did you get to be involved in crypto &  ONE Immortl

Kellen Miller

Stoked to be here and answer everyone’s questions you might have

I’m Kellen Miller, co-founder and CFO of One Immortl

Immortl Denis

I am Denis Stolper, co-founder and CEO of One Immortl. Kellen and I have been running multiple business ventures accross the world but we always had a thirst for crypto

Gold Rocket | Satoshi Club

Give us a brief introduction to the project. What is the essence of One Immortl?

Gold Rocket | Satoshi Club

@denisstolper @kellenmiller nice to e-meet you

Gold Rocket | Satoshi Club

Oh yeah! crypto is our common passion

Robocop | Satoshi Club

Nice to meet you @denisstolper @kellenmiller, but crypto still on bad shape and bear season

Immortl Denis

Well we are in it for the long run as we wish to give crypto real-life use cases

Robocop | Satoshi Club

so can you introduce to us, what is One Immortl ?

Immortl Denis

Definitely

Kellen Miller

After years of experience in the fitness, lifestyle and experience with cryptocurrency in the past years, we have developed a thirst for creating and rewarding a community that strives for a healthy lifestyle. Our aim is to help users find locations which fit their lifestyle and to be rewarded for it!

Immortl Denis

think of One Immortl as a platform where you can find anything and everything you desire that supports sustainability and quality

Gold Rocket | Satoshi Club

Also we would like to know more about your team. Who is on the project team core?

Immortl Denis

And when you go to your favourite location or merchant, with our crypto to fiat payment system/wallet, you can make payments and be rewarded for spending.

Gold Rocket | Satoshi Club

Sounds great

Robocop | Satoshi Club

that will be great , its awesome !

Immortl Denis

Our team is pretty diverse. Coming in from different fields of experience as well.

Kellen and i have worked on multiple projects in the lifestyle and indusrty

Robocop | Satoshi Club

yes, we want to know more about your team, how much team total do you have ?

Kellen Miller

Our ONE app will have an integrated payment system with which one can pay with fiat or crypto based on the user’s choice. They are then rewarded for their transactions in the form of IMRTL tokens. Our wallet is built on Harmony, which offers quick transactions and low fees

Gold Rocket | Satoshi Club

Is your team anonymous?

Immortl Denis

No way they are:

Our core team consists of 6 individuals

Immortl Denis

Gov team 5

Dev team 5

Immortl Denis

advisory board 5

Kellen Miller

The integration of Harmony’s wallet and ecosystem, along with its transaction speed and low costs, provides great benefit to that of our users. ONE, MATIC, and IMRTL will be accepted as a form of payment, further broadening the activity and circulation of these tokens.

Immortl Denis

on our core team, we have PY coming in from the IT sector, Tom David also running a renowned IT firm, Saah from capital investments etc

That way just a short overview

Gold Rocket | Satoshi Club

it opens up incredible possibilities for users

Robocop | Satoshi Club

Thank you for the great intro @denisstolper @kellenmiller

Gold Rocket | Satoshi Club

Thanks for great introduction, we will have several questions selected for the Part 1. Ready to start?

Kellen Miller

We are ready

Robocop | Satoshi Club

Q1 from Telegram user @V1ct0r_26

Hi, One Immortl’s Team!

As we know, ONE App will help users find nearby healthy food options, reserve tables at exclusive restaurants/bars, hotels, train at various gyms and shop for your favorite product. However I would like to know more about that other side of the App; the merchant partners. Could you give us more details about what are your selection criteria for your partners on ONE App? What kind of requirements do mertchans need to meet? Also, I was just wondering, is this partnership only meant for big healthy related stablishments? Or can small fitness businesses be featured on ONE App as well? Thanks.

Kellen Miller

Partners are selected based on sustainability, quality, service, company vision and goals. These merchants include restaurants, nutrition and food stores, fashion brands, gyms, hotels, rental agencies, NFTs and will continue to accumulate internationally.

We also hold our community’s words to a high regard. Receiving requests for desired partners as well as contacts connections to them. We will develop a referral button for the community to recommend their favorite merchant. Due diligence will be performed on these!

Small businesses will of course be found on the ONE app as we want users to be offered the best products and services, and we are out to find exceptional partners for our users and community.

Robocop | Satoshi Club

Which country/region that already support to use One Immortl app ?

Immortl Denis

We plan on rolling out organically

We will launch in Dubai/UAE due to the high amount of tourists for users and the high number of franchises and international business entities

Gold Rocket | Satoshi Club

What was the reason for choosing Harmony Blockchain? To be honest, I really like it. But as a rule, they choose more popular ones.

Immortl Denis

we get this question a lot

Kellen Miller

Dubai will also be a great gateway to expand internationally due to the load of expats and international presence

Immortl Denis

We chose Harmony due to a lot of reasons. Not only was the chemistry crazy from day one between us Immortls and the harmonian core team, but also the advantages and scalability their network provides

Abnormally low transactions costs

High transaction speed

These are but a few reasons why it was necessary for us to build on HRC-20

Robocop | Satoshi Club

Yes agree with you, Dubai is a great place for hospitality business and holiday

Gold Rocket | Satoshi Club

Harmony is truly wonderful! Real gem!

Well! Thanks for your great answers

Are you ready for the next question?

Robocop | Satoshi Club

Thank you for the detail answer

Kellen Miller

Their values additionally aligned with ours along with their focus on community and community building is further drove us to build on and partner with Harmony

Gold Rocket | Satoshi Club

Or want to add something?

Immortl Denis

i think we are good to go

Gold Rocket | Satoshi Club

Absolutely

Robocop | Satoshi Club

Q2 from Telegram user @korryl

It’s great to know that One Immortl is a loyalty and reward application with an integrated payment. But i need more information regarding the safety and security from that app before use it. How safe from hacker, how about the Audit from smart contract and do One Immortl application need to do KYC?

Kellen Miller

RD Auditors conducted a smart contract code review and security analysis on the Immortl token contract. With a successful assessment, it was determined that the smart contract is well-secured. https://drive.google.com/file/d/1qiAZh2OryRJ_CyWByNk2QRWKa0SwRDOP/view?usp=sharing

Immortl Denis

There is no needed KYC for the One app or Immortl wallet.

KYC comes into play when users would like to have a debit or credit card

These are measures and regulations made by our banking partners

Gold Rocket | Satoshi Club

You understand and care about the issue of security.It’s very commendable

Immortl Denis

we will also be getting a second audit not only for our token but our wallet and anything built on blockchain

Gold Rocket | Satoshi Club

Great answers

Robocop | Satoshi Club

its happy to hear One Immortl care about safety from user

Gold Rocket | Satoshi Club

Thanks!

Kellen Miller

Yes the first of many audits!

Gold Rocket | Satoshi Club

Are you ready for the next question?

Kellen Miller

yes!

Immortl Denis

yes

Robocop | Satoshi Club

Q3 from Telegram user @iceVermithraxx

With NFTs taking solid place in the crypto Space, you introduced the One Nation Café NFT projects and users can own partial ownership to a café and be entitled to dividend through revenue generates, can you explain more on the One Nation café NFT Project? How can users register, acquire and own partial share of the One Nation Café? Can you also explain on the revenue, benefits and incentives which users who hold partial shares of One Nation Café are entitled to? How are these revenues, Incentives calculated and distributed to these shareholders?

Immortl Denis

This is actually one of our most exciting topics and projects

Robocop | Satoshi Club

yes we love NFT

Kellen Miller

We want to connect a digital asset to real-life by offering partial ownership of a café. How cool would it be to walk into your cafe, show your NFT, and order what you’d like?!

You can also take a look at our Medium post on our One Nation NFT project here: https://one-immortl.medium.com/one-immortls-one-nation-nft-project-a5268bb38fd8

Immortl Denis

We plan on launching stores worldwide in crypto hubs to bring the diverse crypto communities together and offer people a place not only to socialize but just work and eat healthy.

Gold Rocket | Satoshi Club

It takes my breath away when I understand the prospects of your plans.

Immortl Denis

Revenue concept is fairly simple:

For every new store there will be exactly 100 NFTs minted for fractional ownership for a total of 90% of the store.

10% remains with the Immortl brand.

Each NFT will have a fixed nominal value in relation to location and general requirements.

This will be unique and can only be sold by the holder at an offered price.

Profits generated monthly will be given in IMRTL and locked in a staking pool for 6 months.

Staking revenue will be paid out to NFT owners every 6 months.

Staked tokens will be paid out to NFT owners after 12 months and a new staking pool will be deployed.

Business Case Explanation:

Start-up costs: These costs are paid by One Immortl. 10% of revenue generated is entitled to One Immortl in the form of franchise fees.

One Immortl also caters for the day-to-day operations of the store.

Example: a café located in Germany generates

$60,000 in revenue each month.

· Revenue generation: $2,000 average per day

Monthly expenses (tax included)

· Rent $2,500

· Employees: $9,500

· Product/Produce Costs (30% from revenue): $18,000

· Operational Costs (10% from revenue): $6,000

· Misc. (15% from revenue): $9,000

· One Immortl Fees (10%): $6,000

Profits: $9,000

Immortl Denis

Got more coming in but we will keep that for the next AMA

Gold Rocket | Satoshi Club

I will be waiting for your return

Robocop | Satoshi Club

Oh my, this is really great

Robocop | Satoshi Club

please don’t forget to share new update with Satoshi Club

Immortl Denis

always

Robocop | Satoshi Club

btw can you share the road map from One Immortl?

Immortl Denis

to be honest, i think everybody here knows what it feels like to be promised dates and on those dates, nothing ever happens

Gold Rocket | Satoshi Club

Guys, we live in an amazing time! Thank you for being at the forefront of crypto! I would like to see these NFTs)

Robocop | Satoshi Club

Haha yes, we all hate empty promises

Immortl Denis

We have changed our roadmap into phases to avoid that mistake we had to learn the hard way. mostly, we miss our deadlines due to various reasons out of our control

Gold Rocket | Satoshi Club

Thanks for your great answers and clarification ready for the next question?

Immortl Denis

We are currently working on our new roadmap in phases which will go live tonight or tomorrow but we will give youglimpse of the points

Robocop | Satoshi Club

Yes, we understand about this, thank you for your clarification

Immortl Denis

Phase 1:

• One app Beta testing

• Start of NFT program.

• Deployment of Immortl wallet on mainnet

• Launch on Viperswap

• Bridge to Matic

• Launch on a dex on Matic ecosystem

• 2nd One community event Location and dates to be announced

• Bridge to BSC

• staking development and integration on web platform

Phase 2:

• One Community event.  Location and dates to be announced

• Opening of 2nd One store

• Staking integration in wallet

• Launch of One app

• Fiat on ramping for wallet

• Launch on CEX

• Launch of One app in Dubai and Europe

• Launch of NFT program on Matic

Phase 3:

• Launch of One Lunch program

• Expansion in Europe and UAE

• Development and integration of affiliate program

Immortl Denis

this will be better explained on the online version coming

Kellen Miller

this year will be very exciting

Gold Rocket | Satoshi Club

we will wait for news from you.Huge plans!!!!

Robocop | Satoshi Club

Thank you for sharing, do you want to add anything or we can go to next question ?

Immortl Denis

lets go on

Kellen Miller

we can proceed

Robocop | Satoshi Club

Q4 from Telegram user @Cheriemike

I read the announcement from your Twitter that you have launch $IMRTL Hades Pool for staking.And I notice that the staking method in Hades is quite different from the one I know.In Hades Pool,users will have to burn $IMRTL to earn $IMRTL over the course of Hades been live.First,why did you create this form of staking,any reason for that?And what is amount of $IMRTL users need to burn and the % they will earn after burning?What is the APR/TVL for staking in the Hades Pool?How long will these of staking last and how many staking pools do you intend to have in One Immortl?What connection does the Hades Pool have with ArtemisPad? Please explain. Thanks

Kellen Miller

This was done as the total amount of IMRTL tokens allocated to the IDO on ArtemisPad were not all sold.

Due to this, we have allocated those that were not sold in the IDO to the Hades pool.

This is a single staking pool where you burn IMRTL to earn IMRTL (those that were left over).

By doing so we introduced a deflationary measure as investors burn their tokens, reducing overall circulating supply

As of right now there are 48 days left. This can also be claimed at any time

We are currently developing our own single staking pool platform which will be launched in next coming weeks

Robocop | Satoshi Club

Can you share with us the tokenomics of $IMRTL token ?

Immortl Denis

https://drive.google.com/file/d/1u2fl1N3pNADIjmSXxwSlbiISNUBeYkST/view

You will find all relevant infos here and the V2 of our tokenomics will be updated after the launch on BSC

Robocop | Satoshi Club

Thank you for sharing the tokenomics, its all clear for me

Gold Rocket | Satoshi Club

Thanks for sharing

Robocop | Satoshi Club

lets continue to next question ?

Gold Rocket | Satoshi Club

yes… most clear answer

Kellen Miller

yes

Immortl Denis

yes

Robocop | Satoshi Club

Q5 from Telegram user @sunny_steel

Talking about the usecase of Immortl token you say that users can redeem tokens at/with all ONE partners. The value of redemption tokens will be decided by each partner individually. A token value will be established to what each partner offers. Users may also swap their IMRTL tokens for Harmony (ONE) or Polygon (MATIC) tokens as their transactional preference. First of all, the talk about your partners and the products they offer for redeeming. What are their promarily location? Do you plan to increase your presense by adding more partners internationally? Thanks!

Robocop | Satoshi Club

Q6 from Telegram user @ghostofcharmeleon

Hello team ONE.

In your project documentation, you declare that the number of tokens will be released into circulation every month, and the equivalent in fiat money will be stored on your accounts as collateral for repayment purposes. Accordingly, the price of the token will be directly linked to the fiat liquidity provided by the team. Based on this, we can conclude that the value of the token is essentially fixed, the only question is in their number at the end user. To increase the value, you will need to increase the amount of fiat in the account. Due to what it will increase? How is the enlargement process organized?

Immortl Denis

This is maily directed towards our rewarding system. for every IMRTL token we allocate as a reward, the equivalent must be held in fiat as we presume that the user would use his token to pay for some kind of offer or perk at a partner.

This in turns enables us to buyback the token, when the merchant chooses to trade it in. This further increases buying pressure and will  reduce volatility due to merchants trading in their tokens on Dexs etc

This essentially means that, the value is not fixed. We are ensuring that we buy back tokens from our merchants to avoid the trading it on the market

Gold Rocket | Satoshi Club

it’s a smart solution

Robocop | Satoshi Club

which market we can buy $IMRTL token ?

Kellen Miller

At the moment ViperSwap and Defi Kingdoms

Robocop | Satoshi Club

Thank you for the detail answer

Gold Rocket | Satoshi Club

Do you plan to expand this list?

Immortl Denis

Sorry for the typos but we are typing here at Harmony speed

Immortl Denis

yes. A couple will be added this weekend after the sale on EHB.

Kellen Miller

Absolutely

Gold Rocket | Satoshi Club

You are great guys! We are very pleased to have a conversation with you.

Gold Rocket | Satoshi Club

Do you want to share some hints with us?

Robocop | Satoshi Club

Thanks,

it has been an amazing time in this first part of the AMA

Immortl Denis

well lets just say pancake for now

Gold Rocket | Satoshi Club

Nice

Do you want to share with us your useful links on your social networks?

Kellen Miller

linktr.ee/one_immortl

Immortl Denis

Kellen

Immortl Denis

lol he was fast

Robocop | Satoshi Club

haha thank you for sharing, join Satoshi Clubber, so you know new updates from One Immortl

Gold Rocket | Satoshi Club

Thanks!now let’s move on to the most exciting part of our AMA – live questions from the community

Robocop | Satoshi Club

@denisstolper @kellenmiller  we will open chat for 2 minutes and then chat will be closed –

 you can start select 10 best questions !

Immortl Denis

ok i am ready

Gold Rocket | Satoshi Club

Trust me! it will be hot

Robocop | Satoshi Club

partially covered, but maybe you can add something ? and i just wonder about the function of $IMRTL token beside for staking ?

Immortl Denis

Our plan is to expand globally and that why we chose Dubai for the roll out. Rixos hotels are located world wide and by rolling out in Dubai we can then be used hotel they have globally

We are no keen on onboarding big franchises. We are looking for the hidden corner store in every city that offers the most amazing coffee or pastry that only locals know about

Robocop | Satoshi Club

haha, its like looking for hidden gem

Kellen Miller

As Denis described, yes expanding globally, but also organically. Dubai, we felt, was the best place to launch!

Immortl Denis

Franchises are a plus at the beginning but we want users to find their desires, no matter their location

Gold Rocket | Satoshi Club

cunning plan

Immortl Denis

Exactly

Gold Rocket | Satoshi Club

Thanks for your great answers

Immortl Denis

Staking, swapping, use for transactions

Gold Rocket | Satoshi Club

We have last question before the live part .Are you ready?

Immortl Denis

IMRTL being used as a transactionary token is our main utility and that why we built on Harmony

I am

Kellen Miller

let’s get it

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Akira236

I See that currently user can pay with harmony(ONE), polygon( MATIC) and immortl( IMRTL) token,
IN coming future do you plan to add more tokens?

Kellen Miller

Most definitely. We are also bringing in the discussion of a stable coin. This list for token acceptance will expand as we grow. Would love to hear recommendations from the community!

Q2 from Telegram user @chinyere2020

I noticed that there are three different card tiers which are; “ONE Card”, “Vermilion Card” and “Immortl Card”. Can you give more information about these card tiers in the ONE Immortl ecosystem?

Immortl Denis

Each tier will have a different staking value in order to qualify/receive the card. This means, if you have the required amount staked, you qualify to receive the card and each card comes with its own rebate percentages, perks and benefits

Q3 from Telegram user @tahanisg

What do I need to open my account in the ONE Immortl application? Do I need to pass KYC to open my account? What are the minimum requirements?

Immortl Denis

The One Immortl application requires a relatively simply sign-up like you would have for FB or Twitter. A full KYC comes into play when a credit or debit card is required. Each region/country/state has their own rules and regulations for a kyc which we must abide by

Q4 from Telegram user @KevSalom

You mention that you will reward your buyers for leading a healthy lifestyle, what do you consider leading a healthy lifestyle? In what way will you consider that the user is really leading this lifestyle? What activities should he/she do?

Immortl Denis

Great question!!!! The users of the One app decide which vendors or merchants they would like to have on board. We will on-board vendors and merchants but through the community power of reviewing and rating vendors, the community then decides if they uphold the values we wish to offer and portray. We will leave this to our users to decide

Q5 from Telegram user @Arnavx5

Can we do Convergence of IMRTL loyalty tokens to ONE or MATIC?

Kellen Miller

Yes. This will be done in the app! IMRTL can be either purchased or earned from transactions made with the Immortl wallet or one of our cards. IMRTL can then be used as a form of payment or can be swapped for ONE or MATIC directly in the app.

Q6 from Telegram user @Fatima6734

Very few projects built on harmony platform,
Why did you choose harmony network over other chains in Crypto world?

Kellen Miller

Providing scalability and decentralization and a community base like no other! With its quick transaction speed and low costs, we want to provide users with ease and seamless transactions. Thanks to Harmony, this can be done!

Q7 from Telegram user @Phunsuk9999

Could You plese Provide Us Some Important
Points Regarding Your Partnership With CORECARD SOFTWARE , What is the Main Aim Behind This Partnership ?

Kellen Miller

To provide seamless fiat to crypto and crypto to fiat payments. CoreCard Software is a leading issuer-processor and through our partnership they equip us with card and transaction management processing systems and will make transactions possible for you all. Furthermore, they assist in the establishment of BIN sponsorship in the countries to where we will expand globally and organically

Q8 from Telegram user @MudaraSilva

I am curious to know more information on using Immortl Wallet for day-to-day payments. What type of day-to-day payments will be allowed? I read that payments can be made via $IMRLT, $ONE and $MATIC. However, I am not sure whether there are popular services that accept these tokens. Won’t you add major currencies such as BTC and ETH in the near future? Currently, some countries have banned using crypto currencies. Thus, citizens of those countries are unable to perform crypto payments. Can they use your wallet for other options such as trading and staking? What are the fees applicable to payments done via your wallet? Should the receiver also maintain an Immortl Wallet to receive payments?

Immortl Denis

As we are working with Core cards ( payment provider for Visa and Master ) users can make payments in Fiat worldwide as the conversion will be seamless and real-time. Our wallet will hold Ethereum and Bitcoin but they must be exchanged into the above mentioned tokens.

I dont think anybody would like to pay for a bottle of water and wait 35 mins till the transaction is validated by the erc-20 network. that is why we have chosen these networks to work with as our transactionary tokens.

With our wallet, you can send, receive, pay, stake, swap or just hold. these features will be constantly updated and implemented

Q9 from Telegram user @Ayub_rehman

Increasing customer base and keeping them for long term is the main issue that many projects.
How will One immortl take approach to solve this?

Immortl Denis

On boarding of merchants and vendors world-wide

Learning from our user experience to make app and wallet useage easier and seamless.Aggressive advertising

Best example is crypto.com

Q10 from Telegram user @munishgmr

What is the main aim to build One nation cafés,
What is its main motive of Building it?

Kellen Miller

The One Nation cafe model holds as a standard for One Immorl’s mission and values of quality, top service and community building with a high regard to sustainability.
We want to offer a cafe and cozy location focused on sustainability, fusing healthy food and a like-minded community together. Each cafe will be located in blockchain concentrated hubs to educate the general public and offer a place for customers and our community to relax, work, eat healthy food or socialize. One Nation locations are to be a place of community building and networking. We want our community have a incredible form of utility with their NFT

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.

For more information and future AMAs, join our Social Media channels:

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Website: https://esatoshi.club/

Our partners:
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Medium –https://one-immortl.medium.com/
WebSite – https://www.one-immortl.com/
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