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Blanet x Satoshi CLUB AMA Session 28 Jule 2021

PART 1. Introduction of Blanet project and community questions.

Hello, Satoshi clubbers and guests of this site. Let’s talk today about Blanet index fund.

Blanet is the world’s first Multi-chain index investing platform, where anyone can easily invest in index funds using BLANET tokens.

The plan of AMA session:

  1. Part — Introduction and preselected questions.
  2. Part — Live questions
  3. The Quiz about TradeStars

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club — @Satoshi_club

Gold Rocket | Satoshi Club — @GoldRocket27

The Representative of the project:

Anthony — @Fernandesan — BLANET designer and marketer.

Blanet Official — @blanettech

Introduction of Blanet project.

Mary | satoshi club:

Hello satoshi club! We are happy to announce our ama session with Blanet! Welcome to satoshi club

Blanet official:

Hello, everyone.

Gold rocket | satoshi club:

Today our guests are @fernandesan @Blanettech!

Mary | satoshi club:

Welcome to satoshi club

Gold rocket | satoshi club:

Hello and welcome to satoshi club, guys!

F:

Hi,satoshi club community!

Blanet official:

We are the Blanet.

I am very honored to be able to do an ama with this wonderful group.

Mary | satoshi club:

Hello! Welcome here

Gold rocket | satoshi club:

Thanks for joining guys! Let’s start!

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

Tell us please also about your position in Blanet?

Blanet official:

I was a crypto trader just like you guys a few years ago.

What made me different was that i had experience working in a financial institution.

These days crypto world is full of scam.

I believe that practices like rug pull are rampant and hindering proper investment.

We are the world’s first blockchain index staking fund that deploys a platform using erc tokens and proprietary indices.

Through Blanet, we will create a world where many people can invest in the potential of blockchain with confidence.

Staking rewards will be paid in stable coin, and there will be no pressure to sell Blanet tokens.

The more people who participate, the more the value of the Blanet token will increase.

The Blanet team generates profits by trading on its own indices.

By staking $blnet, users will be rewarded with stablecoins, which will be operated by the Blanet team.

Mary | satoshi club:

Oh, it’s interesting! Which financial institutions did you work for?

Blanet official:

I can’t tell you the name of the company, but i worked for a forex broker. This is where i learned about indexes and other complex calculations.

And i learned that it is better to diversify your investments across many stocks than to stick to one stock, and that it is possible to increase your assets in a stable manner.

We have five main members.

Each of us has a role to play, but mainly me and f are on telegram.

You can also find our photos on our website.

Mary | satoshi club:

Gotcha

could you tell us more about your team? How many people are there? Are you public or anonymous?

Gold rocket | satoshi club:

This is a very good background for creating your own crypto project.

F:

I’m anthony. Blanet designer and marketer.

I provide cool designs that investors get excited about.

Gold rocket | satoshi club:

Wonderful

a good designer is half of the success in management

Mary | satoshi club:

Yes, i see you prefer to put eggs in different baskets

usually it works!

Blanet official:

That’s right!

Blanet official:

They are proven by statistics.

Mary | satoshi club:

Thank you for your intro guys! We choose 6 questions for the first part of our ama and they are waiting for you

ready to start?

Blanet official:

Yes!

Preselected questions about the Blanet DeFi project.

Gold rocket | satoshi club:

Q1 from telegram user @dk177

Currently, many new projects are emerging with attractive concepts and almost every project offers a native token. In this situation, why should we buy and hold #Blanet? Please explain some short-term and long-term benefits we can get by holding your token. By the way, can anyone apply to get whitelisted for the #Blanet private round? You have mentioned that the private sale slots will be allocated for initial supporters and the remaining slots will be allocated for the winners in the whitelisting process. How can i increase my winning chances? Please let us know the criteria you use to determine winners.

Blanet official:

Ok, please wait

Mary | satoshi club:

Complex question

Blanet official:

By holding $Blanet and staking, holders will be rewarded with stablecoins.

The rewarded stablecoins can be obtained by trading with the Blanet index.

In other words, holding and staking $Blanet is a stable investment in itself.

These rewards are more stable and more profitable than regular staking rewards.

We have not yet announced the details of the whitelist for our private round, but we are working on it so that everyone can participate fairly.

It doesn’t matter how many twitter followers you have.

Gold rocket | satoshi club:

Don’t forget to share whitelist details with satoshi clubbers

Blanet official:

Yeah of course!

Mary | satoshi club:

Could you reveal at least some details of the private sale?

Blanet official:

But check out the Blanet group, too.lol

Mary | satoshi club:

Could you share your tokenomics with us?

Blanet official:

We will first raise 200 eth in the first round.

After that, we will raise 1800 ETH.

These may seem like very large projects, but they are very small amounts for an indexed investment.

I hope you will not be surprised by this amount. I hope you will not be surprised by this amount, but rather understand that this is such a big project.

Blanet official:

This is

Gold rocket | satoshi club:

Thanks for your answers and sharing

Mary | satoshi club:

Exciting numbers!

Blanet official:

Welcome

Mary | satoshi club:

Ready to go to the next question?

Blanet official:

Yeah

Gold rocket | satoshi club:

Q2 from telegram user @josegamboac

Blanet is trying to revolutionize the world of cryptocurrencies, the defi world. Index funds using indices such as NASDAQ, DOW, NIKKEI 225, etc. What benefits do these indices provide at the level of investments related to cryptocurrencies?

Blanet official:

Good question

The volatility of crypto is very high.

The volatility of crypto is very high, incomparable to any world stock market.

The role of an index in such a world is to make the market situation as visible as possible.

By investing based on the numbers visualized by the index, we believe that we can grow our assets stably even in the face of great volatility.

F:

Index number details in wp.

Mary | satoshi club:

Do you have a list of indices which you will use?

Gold rocket | satoshi club:

By the way, please share your roadmap with us.

Blanet official:

I’m sorry, but i can’t disclose more than what is written in the wp.

However, i have picked up some things that you can imagine.

It’s not published to prevent similar projects. We will make it public when we launch the project.

Got it?

F:

Mary | satoshi club:

Guys, i in your roadmap mostly non-technical goals prevail, tell me what are the technical goals?

F:

Roadmap is named in homage to the operational name of the apollo program

Blanet official:

Our goal is to make it easy for anyone to earn Blanet rewards with our mobile app. We are planning to launch the mobile app around September, but we don’t have a specific date yet.

Gold rocket | satoshi club:

Thanks for sharing and for your answers! Ready for the next question?

F:

Ok,sir

Gold rocket | satoshi club:

Q3 from telegram user @arisabela

I took a look at your prototype and you charge a 1% of fees for staking and no percent for withdraw the earnings with Blanet. Can you tell us what strategies should the users use to save in fees? How much APY can the investors expect from your platform and what other benefits do you provide for your stakers? Is staking a key component on your ecosystem?

Blanet official:

The best way to save on fees is staking for as long as possible.

And yes, staking is a must in our ecosystem.

As for the APY, it is only a rough estimate as the reward amount will vary depending on the transactions using our index, but we will at least provide an APY that will satisfy everyone.

I would like to make it clear that it is not something that will be reduced by a factor of 100 in just a few days, as is often the case with projects.

Mary | satoshi club:

As I understand, you choose ETH for your launch, right?

Blanet official:

Yes.

Mary | satoshi club:

Why? Mostly projects are launching on bsc now. What special did you find in Ethereum network?

Blanet official:

I decided that eth was the best choice.

BSC may be affected by the Binance situation.

Polygon was also considered, but our technical team decided that ETH was the best development base.

Mary | satoshi club:

This makes sense

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

Gold rocket | satoshi club:

Thanks for your answers

Blanet official:

Ty! Yes!

Gold rocket | satoshi club:

Q4 from telegram user @ambbobb

In your roadmap, you planned your token to be listed in 2021 q3 on cmc and set a goal to be ranked 100 on cmc on or before 2022 q2 which is roughly nine months difference. Many investors will hold to this statement what is the probability that this will happen? What are the thing you have to in place to achieve this. And do you think been listed before been audited will work out?

F:

Ethereum blockchain is about to be updated ”london”.

We believe the transaction issues will be resolved soon, and the stability of the chain for BSC depends on what Binance does. It is not decentralized.

We chose ERC because we are willing to pay a higher gas fee.

Mary | satoshi club:

True

Blanet official:

Actually, the process to get listed on cmc is ongoing. And the same goes for the audit.

However, we are obligated to communicate only the definitive information to our investors. However, we are obligated to communicate only the definite information to the investors because we do not want to make the investors feel uneasy by telling them something uncertain.

Once we are listed in cmc, we will steadily increase our ranking through proper marketing.

The 100th position is our goal, and by the time we achieve it, you will have earned a lot of rewards.

F:

In the long run, I believe it is the Ethereum blockchain that will survive.

The enthusiasm and number of the developer community are completely different compared to other chains. It is overwhelming

Mary | satoshi club:

I want to ask you if staking will take place on your platform?

Blanet official:

Yes, we will

Mary | satoshi club:

So, as I understand, we will need to deposit funds to your platform. Do you plan to audit it also, because as I see in your roadmap you plan to audit only your token?

Blanet official:

An audit of the platform itself will also be done, of course.

Mary | satoshi club:

Are you already in contact with audit firms? Can you tell us their names?

Blanet official:

I’m sorry, but i can’t tell you that.

But please wait a little longer.

We’ll make an announcement soon.

Mary | satoshi club:

Sure, we will wait

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

Blanet official:

Please follow our information!

Gold rocket | satoshi club:

Thanks for your answers

Ready to proceed to the next question?

Blanet official:

Yes!

Gold rocket | satoshi club:

Q5 from telegram user @victorogb

Blanet has categorically stated that it is doing the right kind of marketing with a formidable and concise marketing team and plan. In most cases, great marketing has a lot to do with the right partner and collaborations. Therefore, can you briefly outline some of “the right kind of marketing” Blanet has in place, and how will this be translated to a long-term marketing plan? Additionally, you have allocated a total of 10% of your token supply to partnerships and marketing, how will these funds be strategically distributed as the project develops, and what sort of partners will Blanet look to collaborate with?

F:

When it comes to marketing, we believe that the most important thing is to have platform users and investors trust us.

Numerous projects are not on time and do not keep their promises.

We will do proper marketing and aim to make our project trustworthy to the Blanet community in the long run.

We will make announcements about partners in the future, so that we can avoid going public as a goal. And this will surely bring great value to Blanet holder

Blanet official:

And we are still looking for a strong VC.

Mary | satoshi club:

How will you distribute funds? Can you explain the process? Does this include payments for influencers? And, btw, will you have any vesting period for this fund?

Blanet official:

We discuss with each partner and decide the allocation according to their role.

It also includes payments to influencers, but the marketing fees to them are mainly paid in USDT, so it is not an excessive selling pressure.

Vcs who want to partner with us are always welcome to contact us.

Mary | satoshi club:

Thank you for your answers! Ready for the 6th and last question from this part?

Blanet official:

Ok!

Gold rocket | satoshi club:

Q6 from telegram user @brainchest

Who can create an idex? I mean a normal user like me will be able to make an index of sick people from covid-19 and another index of cured people from covid19 , and the 3rd index is the aggregate of the 2 previous indices.

Blanet official:

Yes, basically anyone can make an index, as long as they know how to do complex calculations and formulas.

In Blanet, i will mainly create, validate, and monitor the index.

People with knowledge and experience may be able to create their own indexes and invest in them themselves, but in reality many people buy financial instruments such as the dow and nasdaq. In other words, it is not possible for anyone to create and invest in an index on their own.

Mary | satoshi club:

When we will be able to test all features of your platform?

Blanet official:

Staking will be available a few hours after the token is released.

Mary | satoshi club:

Awesome! Thank you for your answers! And the most exciting part of our ama is coming next

Live part! Ready for it, guys?

Blanet official:

Come on!

Mary | satoshi club:

Let’s go

PART 2.Questions about the Blanet project from the live chat of the telegram community.

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Blanet crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q — 1 from a telegram user @AugusS7

Your project really sounds very promising, since it will be extremely easy for users to use, but it really costs me a lot to trust the seriousness and reliability of your products, for them, could you tell us how you guarantee that your products are completely transparent and reliable?

Blanet Official:

There is no such thing as a risk-free investment.
BLANET’s investments, like all investments, carry risk, but our mission is to minimize that risk.
To this end, we have developed the Index, which is an innovative solution.

Q — 2 from a telegram user @JasmineSha

My question about UI/UX design, In cryptocurrenies platforms it is good to have nice colourful screen and good usage of fonts for transcripts design, however we also expct informative UI, obvious price charts which not seems in your design, how we can see or check your final UI design?

Also
On next 4th August, I think London hardfork ETH2 is launching, Are you ready for ETH2? Or you are designing the solution for ETH now, and updates come later?

Blanet Official:

We have not released any Dapps yet.
That is due to marketing reasons, but those will be released soon.
Also, we are preparing for ETH2, but will update it in the future as we are currently developing on ETH.

Q — 3 from a telegram user @BJosefina61

If I BLANET staking, I earn USDT; does this come from fees or is there another interesting mechanism involved?

F:

The compensation is based on the investment income of the BLANET index fund, which uses its own index.
This is probably the first index fund using an index and its token in the world.

Q — 4 from a telegram user @AugusS7

Your project really sounds very promising, since it will be extremely easy for users to use, but it really costs me a lot to trust the seriousness and reliability of your products, for them, could you tell us how you guarantee that your products are completely transparent and reliable?

Blanet Official:

You are right, we need a lot of money to make our project successful.
That’s why we are planning to raise a total of 2000 ETH in ICO.
What if we can’t raise it? Don’t worry about it.
We have already secured the necessary funds for development.
However, if the ICO goes well, our success will be faster.

Q — 5 from a telegram user @cenkkargin0666

What growth or community does the Blanet tech platform aim for? Are you a global project or a local project? Can anyone use the Blanet tech platform without any conditions or restrictions?

F:

We aim to be the world’s leading crypto index fund. Globally, of course!
We also want to build a quality community with BLANET token as a key driver.

Q — 6 from a telegram user @ethcypherpunk

Your goal is to reach the 100th CMC rank; But there are two obstacles that you must face: the future inflation of tokens, given tokenomics, and the demotivation of early investors; In this regard, how do you plan to keep investor appetite alive and the relative scarcity of BLANET tokens? try to convince me as a potential ICO investor?

Blanet Official:

Thank you for your interest in BLANET.
The advantage of our project is that it provides investors with a stable return on their investment.
Even if the market conditions are not good, the Index is designed to allow the transaction to proceed according to market conditions. This is something that no other project can imitate.
If you are a great trader, our project may not be of much use to you, but if you are looking for stable asset management, we will be able to build a good relationship with you.

Q — 7 from a telegram user @highpee

Your project name is BLANET

and your roadmap has phases which you named RANGER , SURVEYOR, LUNAR ORBITER and MERCURY. What is it with these type of themed name? What does your name mean and where do you derive inspiration for this type of nomenclature

?

F:

Good question!
Our project, as the name suggests, is about space.
The B in BLANET is the B in Bitcoin. The roadmap name is in honor of the Apollo project. I like this naming very, very, very much.
The slogan “Trip the crypto universe” is one of them

Q — 8 from a telegram user @JoxesXIII

Blanet is focused on the Multi-Chain issue; Are you also thinking of joining the Layer 2 ecosystem such as Arbitrum and Optimism (on the optimistic rollups side) and Starkware and zkSync (on the zk rollups side)? I am mentioning the most prominent of the field?

Blanet Official:

You are a diligent investor.
Layer 2 is a very important area.
Of course, BLANET is also considering participating in layer 2. I am sure you will have a good report.

Q — 9 from a telegram user @MOMINMRP

Can you list 1–2 killer features, of this project, that makes it ahead of its competitors?

F:

This was calculated by our supporters who participated in the Mathematical Olympiad. There is only one project in the world that uses this index.

Q -10 from a telegram user @captainprice111

What kind of features, differences and incentives does blanet offer to its users to be a shining star in the universe? Should we watch the shining star from afar or how should we benefit from this star? Do you have any plans for reward distribution etc. in the near future?

F:

Thank you! Users should travel through the crypto universe with us

The BLANET token is one of the tickets for trip.

Q -11 from a telegram user @Cheriemike

Blanet aims to revolutionize the world of cryptocurrency,the DEFI world and the Index funds using Indices such as NASDAQ that has traded about 3,000 stocks,Dow measures peaks and troughs of 30 companies and Nikkei 225 consists of 225 stocks in the Tokyo stock exchange, all this attracted you because they have been proven to provide greater returns on long term investments.My question is,What methods for calculating Indices have you established and how is Blanet Index Calculated?And how will this help you to earn stable income on long term bases?

Blanet Official:

We do not disclose all of our calculation methods.
However, the basis of our calculations are those used in indices such as the Dow and the NASDAQ.
The use of indices helps us to accurately judge market conditions.
And by investing based on them, you will be able to earn a stable income.
Indexes can be used as a guide to the market.

Part 3 — Quiz about project

In the final part, we tested the knowledge in terms of the Blanet project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details:

English Telegram group | Russian Telegram group | Spanish Telegram group | Telegram Channel | Twitter | Website

Our Crypto Partner by this AMA: Blanet

Telegram group | Tweeter | Website | Medium

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