SatoshiClub
Published in

SatoshiClub

CashApeRise x Satoshi CLUB AMA Session 18 Jule

PART 1. Introduction of CashApeRise project and community questions.

Hello, Satoshi clubbers and guests of this site. Our guests today are:

CashApeRise introducing the first innovation of staking! You not just base the trades volume for staking rewards, but also on the volume of running games.

The plan of AMA session:

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

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club — @Satoshi_club

D. | Satoshi Club — @Cool_as_Ice

The Representative of the project:

George — @advertisetome

Introduction of CashApeRise project.

Mary | satoshi club:

Hello, Satoshi club! We are happy to announce our ama session with cash ape rise! Welcome to Satoshi club

D| satoshi club:

Today, our guest — @advertisetome !

Welcome to our club!

Cashing:

Thank you. Hope this becomes an informative ama on everyone of us and give more knowledge

D| satoshi club:

We are sure it will be

Mary | satoshi club:

Hello

, how’s going?

Mary | satoshi club:

So, let’s start

Cashing:

Yes

Mary | satoshi club:

And we will start with intro

Could you please introduce yourself and tell us more about cash ape rise

Cashing:

Hello, I am George, from $car team that will represent Cashaperise. The team mainly started from a group of developers who mainly do games specially money games but mostly failed due to lack of players. Decided to get more exposure, team did go into defi world, giving up the whole 50% of profit, changing how profit distribution work indefinitely for higher exposure chance. At first while project was still being worked on we saw many projects did giveup their defi stories which mostly is projects outside defi for many reason, traders dumped and those who get dumped wont know what to do with token. Some projects usecase is only based on defi’s existing and incoming projects which mostly affected on volatility of market. We want to change the game, fixed the reasons of dumping and provide users a true benefit in holding not just a price benefit.

D| satoshi club:

Can you give us some info about the rest members of your team? How many people working at the project? Are you all anons?

Cashing:

Currently 1st team consists of 8 persons which mainly group who tasks on Cashgame app development and team b have 15 members including those trusted mod, me, blockchain developer, and partnered influencers. For current plan all of us excluding some partnered influencers will be anon will still be not finalized. Due to risk of gambling games management including possible death threat of players.

D| satoshi club:

Gotcha. So most of games on your platfrom will be connected with gambling?

Cashing:

Our platform consists of p2p Cashgames. Not most but all will. Mostly casino games but some will be our original game including apegame which is our first original game.

Mary | satoshi club:

When did you start to develop your project? What are the main obstacles you wanted to overcome?

Cashing:

Cashgame was already worked on for almost a year and already fixed many times so we may say it is ready already as it already goes thru many testing. But a thought of linking it to defi only cross their mind and started on march with the help of our blockchain developer which is the head of 2nd team (team b) for greater exposure and exploring more possibility. Most project like this dont last long especially if there is a less exposure as players is the important on project like this, we want to create big hype on defi and have our own names here to get a big exposure on defi, especially as most of the defi traders do mostly love gambling.

Mary | satoshi club:

Got it

Thank you for your answers! Ready to go to the questions from our community? We choose 6 for you

Cashing:

Am ready to answer questions from the community.

Preselected questions about the CashApeRise DeFi project.

D| satoshi club:

Thank you! It was very informative intro

let’s go to the community questions

Q1 from telegram user @yellowchamp

Your token sales will be divided into three tiers which are the private sale,public sale and presale. So can you share some details about your 3-tiers token sale in Cashaperise? How can anyone participate and be whitelisted? I see in your tokenomics that presale will be in Unicrypt and it will be allocated 85% of your total token supply,so why choose to held your presale and locked liquidity in Unicrypt? I also see in your tokenomics that private sale will be 5% and team token locked will be 10% of your total token supply and the rest is for pre-sale,so won’t you have any token allocation for marketing or other networks expenses that will be spend to your platform? Why do you allocate as much 85% for your presale? Thank you!

Cashing:

The private sale will be redo due to whitelister who cheated, our community is still small that time which give them a chance to cheat. Private sale will be done for fast fillup only within 30 seconds first come first serve. Private sale buyers will also gain an incentive of USDT credit to try our Cashgame and privilage of vip1. All funds raised from private sale will be used for marketing

We chose Unicrypt becuase it is decentralized launchpad with active support and transparency details.

We didnt put any tokens for initial marketing because product will be launch same day on launch which our marketing funds will get from fees that we will get on Cashgame. Also, a token is not planned to take funds from users, it will only serve as bridge for investors and us for teamwork.

Mary | satoshi club:

Do you have dates when your private sale will happen?

Cashing:

It may take place on july 26 too, 2 hours before public sale.

Mary | satoshi club:

Very soon

D| satoshi club:

On private sale price for token will be significantly lower, compared to public?

Cashing:

Yes, and it also has privilege on Cashgame. And incentive of USDT credits to try our Cashgame.

D| satoshi club:

Nice! Thank you for answers! Ready for the next question?

Cashing:

Yes,

D| satoshi club:

Q2 from telegram user @dk177

After listing $car on pancake swap, there won’t be any tax for trading activities for 12 hours. After that, there will be a 2.5% tax for every transaction. What is the reason behind this condition? Don’t you think this will create a massive sell-off? Most teams are seeking methods to avoild whale activities at the time of listing their tokens. Conversely, this type of rule may be a catalyst to whale activities. If whales start selling their holdings, how do you face that situation? Can buyers from the presale believe $car will not plunge in value?

Cashing:

Yes, the first hours will be no tax as it will be a buying and selling zone and its also enough time to ready the launch of our Cashgame app. After that time the tax will be activated, and rewards will start. We don’t want those who want to trust us which didn’t get on presale to get tax. There will be a massive marketing and many hypes we will make during this launch to ensure that buy pressure eats dumps. We don’t have the control of what will happen but we will make sure it will not result to plunge of value.

Mary | satoshi club:

Usually, volatility is high on listing

Cashing:

thats why we have set our rules of marketing.

-before the private sale, shilling days

-before the public sale, ama days

-after listing, partnered influencer and big marketing days. Advertising on different platforms will come next too.

We dont focus on initial hype only, we will build it

Mary | satoshi club:

What is your user’s thoughts about this decision? Was it your own or you asked your community’s thoughts?

Cashing:

It is a decision of majority on team, we debated it out.

D| satoshi club:

2.5% tax be the only tax in your tokenomics? Or you will add any additional taxes in the future, related to burning maybe? Many projects recently love to integrate burning mechanism in tokenomics

Cashing:

Yes, it will stay that way. Burning is a good idea but we are keeping the tax to minimum as it will be used as fuel currency on our Cashgame, increasing the tax may not be a good deal on players side, we prefer to keep it balance. As for our current roadmap our supply will stay as fix, no inflation or burning of supply will happen.

D| satoshi club:

Appreciate for the answers! Ready to move onto the next question?

Cashing:

Yes

D| satoshi club:

Q3 from telegram user @orlemys

Cash ape rise platform will allow users to gain passive income by holding a token that does not solely rely on buy and sell transactions fees to generate money. Your solution is to provide users with a p2p utility fuel token that is used when playing games on your platform, so naturally, games are of the utmost importance. To this day, you’ve announced 2 p2p games options: apegame and poker. Please tell us what are the most attractive features of both of these games, what are your plans, and what other games will come to cash ape in the future? Also, games are known to be vulnerable to cunning methods from cheaters, are there any measures in place for that? Is there a game referee?

Cashing:

Yes, you dont need to worry if volume trades decrease as there are 2 sources of rewards. Apegame is for those who love aping on memetokens or fairlaunch as we provide the safest way of aping with different mechanic that will not prustrate apers and counter bots while poker focus on casino players who love playing, combining it to defi, casino players may see an opportunity from us as we are not inviting only experts but also non players. Giving the competative battle they want and giving less risk battle for most. Many more games will be introduced to as we move over the calendar. As the game will not have a referee, many supports, and communities will be active to hear your problems and investigate. As for now there will be no rules on pokers but might change on future by the rules that will build up by experience, we are starting project yet so any suggestions will be beneficial for us specially on our Cashgame.

Mary | satoshi club:

Can you tell me on example how non players can benefit on Cashaperise?

Cashing:

They can buy the tokens and stake, that way they will earn BNB indefinitely.

Mary | satoshi club:

Cool

D| satoshi club:

What types of poker games will be available at the start? I mean only no limit holdem or something else?

Cashing:

Initially only that, we will start only with that to give way for developments.

D| satoshi club:

Got it! Thank you! Ready for the next question?

Cashing:

Yes

D| satoshi club:

Q4 from telegram user @itsmelissa3

As you mention, Cashaperise stakers will not just depend on volume for their profits, keeping the platform well-advertised and maximizing the volume of games too will provide the stakers the maximum income they can have. A good way to keep the platform well-advertised is to create a referral program, so that users are incentivized to invite new users to the platform. Have you considered creating a referral program?

Cashing:

Yes, there will be a referral program too but as referral program details is still not finalized and currently on debates between team you may not see the details yet and will start the expansion of players thru marketing first and power of defi community who will support us. It will also be on part of development

.

Mary | satoshi club:

Super! We will wait for the updates from you! Thank you for your answers! Ready to jump to the next question?

Cashing:

Yes, next question please

D| satoshi club:

Q5 from telegram user @victorogb

Cash ape rise will also feature a “private game room” that is designed to give gamers the ability to play personal and private aquintances, close friends, business colleges, family members, etc. This gaming room is meant to foster an increased bond between and gamers, promoting a safer, fairer and entertaining experience. With such personal gaming category, how does your smart contract ensure that this gaming room is kept private and secure, how do gamers invite their preferred private participants, family and friends, how many participants can this private gaming experience/room accommodate for a single gaming session, and is there a specific or premium fee payable in order to join this private gaming room?

Cashing:

Public or private room have same system only. Anyone can create table with their prefer settings and may put table password to not let anyone join. Same on public tables. Anyone can also spectate on private game. The fee between public and private table is just same and will vary depends on betamount per round and usd price of $car token.

Mary | satoshi club:

This rooms will be available from the launch?

Cashing:

Yes, they may try and explore it. It will be available same day on launch.

Mary | satoshi club:

Super! I think it’s very useful feature! Thank you for your answers! Ready to go to the 6th and last question from this part?

Cashing:

Yes

D| satoshi club:

Q6 from telegram user @xperia3

As I see in the roadmap of cash ape rise, you are targeting to release a beta testing for your app. Will this be a public test or a private test? Is it possible for investors or users to participate to this test? Will you have an incentivized test or hackathon program where people can contribute?

Cashing:

Website app beta testing was already done and ready to make public (which will happen on launch day). Mobile app is currently on plan too but the priority currently is on website app development. As for mobile app, it will have 2 phases of beta testing, private beta testing and public beta testing, currently there are no concrete plan yet on mobile app but sooner or later we may announce something.

Mary | satoshi club:

What about hackathons etc?

Cashing:

information’s regarding that will be updated on whitepaper especially on launch.

Mary | satoshi club:

Gotcha! Thank you! Ready for the most exciting part of our ama? Live part?

Cashing:

please wait, will get the team ready

Cashing:

So am not the only one picking. Done, ready now

Mary | satoshi club:

Let’s go

PART 2.Questions about the CashApeRise 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 CashApeRise 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 @Astonroe

I noticed that the token name is similar to Everrise. So, Does that means you are an official fork of Everrise? Just curious?

Cashing:

Yes, we are getting it a lot, the news is we are not a fork or even an innovation of everrise. We are not using buyback as usecase but staking. How does cashaperise got its name? As how the team was built thru combine, the names are just also a combinations of token’s introduction. Cash from cashgame which is the name of our app. Ape which is our first original game which is apegame., and Rise from our aim which is to keep rising, rewards and names on defi.

Q — 2 from a telegram user @kalamw

Safety first. Before launch it is important to make sure that everything is safe and it has 0 security issues. So, have you already completed any audit? Or planning to do multiple audit to ensure that the platform is completely safe and secure for users?

Cashing:

We already did 2 audits so far and the one thats finished is solidproof audit which resulted with 0 issue. We are still waiting for certik result which expected to comeout this week, we will not launch without an assurance of 0 security issues.

Q — 3 from a telegram user @shihadk9074

Lots of successful DeFi platforms, like Bitcoin and Doge, but many also collapsed, what lessons does CashApeRise take from this phenomenon? do you have a special strategy so as not to collapse in the future? What steps will you take to raise the CashApeRise price?

Cashing:

As there are multiple projects in defi which have collapsed because of not having a usecase. Many real projects too did collapse because of dumps and community getting driven by mad and pushing team for marketing and marketing and death threat because even the real projects only give benefits as price. Getting a lesson from collapsing projects is what forced cashaperise to make this innovation, from lesson of cause of it we combined 2 use cases with balance on both side, providing the users a staking platform while innovating the 2 source which one is outside defi to kill the only weakness of staking platforms.

Q — 4 from a telegram user @cryptoneco

Binance Smart Chain is among the shining stars because of Ethereum’s problems. However, why did you choose BSC when there are other alternatives, why not Polygon, Cosmos, Solana etc? Also, does CashApeRise have a goal regarding the BSC ecosystem?

Cashing:

As our main goal is exposure of cashgame we saw a binance smart chain as the best of all, bsc projects achieved a big exposures already outside of defi, having the best chances of big exposure on bsc, thats why we choose this. Showing that defi is not only for memecoins but also for developments of projects. being balance on both side will give the best teamwork between defi investors and projects developers, stopping the ponzi games.

Q — 5 from a telegram user @cenkkargin0666

Why does the cashaperise platform give BNB as a result of the bet, but not its own token?

Cashing:

Giving our own tokens will result on the inflation of tokens to stakers thus will have a risk of big dumps anytime but converting it instantly to bnb will make the price-controlled and prevent big dumps from stakers.

Q — 6 from a telegram user @kajol_agarwal1

English is a popular language … How does your project plan to spread awareness of its project in different countries where English is not good? Does your GREAT PROJECT have a local community for them to better understand #Cashaperise project?I Think It’s Very Important,?

Cashing:

We are currently expanding our community and currently we have china, philippines, and vietnam communities already and still planning to expand more. We want to reach globally thus local community to penetrate language barriers is on our plan too.

Q — 7 from a telegram user @Karoceh

It’s interesting you mentioned that 2.5% is the only tax, but will this be enough to cover platform needs such as marketing or maintenance? how will Cash Ape Rise fulfill those part?

Cashing:

We have partner influencers who is not yet announced who, who will help us regarding that too. As the cashgame will be launch same day we may expect a profit from cashgame’s fee already on launch which will be use for marketing. We will not use token as funds sources, we will only use it as a financial bridge for us and investors’ teamwork.

Q — 8 from a telegram user @Proof1891

In the first 12 hours, there will be no tax but you will later reintroduced tax soon after. Does it mean that the team can directly decide or when the contract should tax and when not to tax or the address to tax and not to tax? Will you be retaining ownership of the contract after launch and can the contract be adjusted indiscriminately anytime?

Cashing:

Yes, the team has full control of tax system. Due to security reason we will not renounce the contract. But admin’s right only goes to tax and for security reason will stay that way. As we are the first one to do this there still a chance problem may arise and tax control is essential especially staking contract is at stake

Q — 9 from a telegram user @Shaa93

Cash Ape Rise has been Audited contract by Solidproof and Certik, why does Cash Ape Rise still want to Audit the contract for 3rd time?

Cashing:

Security is the most important if we are talking about funds. Having audit with best auditor already give best security but isnt it better for more as we cant afford to fail.

Q -10 from a telegram user @Gwynama

Sir we have different security features. We also use verification software to verify the age ID of all users?

Cashing:

Initially we will not have it. as it is in demands for security feature we might put something like this but still current app dont have age verification.

Part 3 — Quiz about project

In the final part, we tested the knowledge in terms of the CashApeRise 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: CashApeRise

Telegram group | Tweeter | Website | Facebook

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store