Power Inu x Satoshi Club AMA Recap from 18th of November
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 Power Inu and our guests was @kneeofjustice69420. The AMA took place on 18 November.
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 community
Gold Rocket | Satoshi Club: Greetings again dear Satoshi Club ❤️
We are pleased to announce AMA with Power Inu.
Our guest today is @kneeofjustice69420
Andrés M. | Satoshi Club: @kneeofjustice69420, is a pleasure to have you here!
mäxn: Hi! (:
Pleasure to be here
Gold Rocket | Satoshi Club: @kneeofjustice69420 nice to e-meet you ❤️
Welcome here 🤗
mäxn: Thanks 😊
Andrés M. | Satoshi Club: How are you today?
mäxn: Feeling good, was in a bad traffic jam unfortunately haha but all good 😂
Gold Rocket | Satoshi Club: finally you are with us🤗
mäxn: Yes (:
Let’s get started 😁
Gold Rocket | Satoshi Club: Let’s start!
Introduce yourself please
How did you involved in crypto and Power Inu
mäxn: Hey everyone, i am max, from cryptoteamzero, i am a community manager and handle everything regarding AMAs, VCs and some marketing as well (:
Andrés M. | Satoshi Club: Nice to meet you Max, please tell us more about Power Inu. What is the essence of the project? And how long time ago was developed?
mäxn: Alright, so basically we want to create the next big one with powerinu. We are going for that mix of nostalgia with the powerranger theme but also include the hype of — inus in our token design. We have been working on this one for quite a while now (:
In essence we will have staking and NFTs that increase the apr with which you get rewarded when you stake your tokens.
Gold Rocket | Satoshi Club: Thanks for your great intro!
Andrés M. | Satoshi Club: Excellent concept, let’s learn more about it through our community questions
Q1 from Telegram User @KathDM
I read in your Telegram group that the Presale of the PowerInu token starts on Friday, November 19th on DxSale. What are the most important details that we must know about the Presale before participating? A very frequent question that we all need to know… Is it a requirement to do KYC in order to purchase our tokens? Is this presale free access for all users who wish to participate or will access only be available to users who are registered in a whitelist? How much is the minimum amount of tokens that we must buy to be able to participate? How much will the token cost in this presale?
Gold Rocket | Satoshi Club: [ ⚡️ Sticker ]
mäxn: Alright so you don’t have to be whitelisted to participate nor do you have to kyc. But the whitelist gets a little headstart and is allowed to purchase 5 minutes before the public. There are many ways to enter, sweepwidget, giveaways im various groups, providing any form of useful promo or gaming competitions (:
The minimum contribution is 0.1 BNB as noted on dxsale and the price is the same as the listing price 😁
Gold Rocket | Satoshi Club: Thanks for your great answers
Andrés M. | Satoshi Club: What is the initial price of the token for the public sale?
mäxn: I don’t have the table on my phone unfortunately right now, but presale prise, listing prise and private presale have the same price per tokens
Andrés M. | Satoshi Club: Oh great, thanks for clarify it😃
Well, would you like to add something before the next question?
mäxn: All done (:
Q2 from Telegram User @chinyere2020
According to your tokenomics, every transaction(buy/sell) incurs 11% taxes. This 11% transaction fee is distributed in the following way; 5% for Marketing and Dev, 2% for LP injection and 4% for Buyback. But I found out that the % for Buyback reduces from 4% to 2% when the transaction is for a partnered token. Why was this decision made and how does it affect the Power Inu ecosytem? Can you mention some of your partnered tokens if there are any yet? If not, what are the types of tokens Power Inu is looking to partner with?
mäxn: We decided to add a buyback to our affiliated coin as the team wants to work as a whole and we want to grow together. This is why we want to try this approach, eventually we would like to have many partnercoins, each benefiting the other and this way creating a whole ecosystem (:
If this approach does not achieve what we want it to achieve we can always reevaluate and do the whole 4% buyback for powerinu (:
Andrés M. | Satoshi Club: Oh got it, thanks for the answer, could you tell us what is the main usecases of the token?
mäxn: Basically we want the holders to make some really good gains with our stakimg system coupled to our NFTs, like mentioned in the intro. Gameifying the token or NFTs would be a possibility in the future as well
Andrés M. | Satoshi Club: I love staking feature😁, is there any APY established?
mäxn: Not yet, also depends on how many people participate of course 😁
Gold Rocket | Satoshi Club: Thanks for your answers and clarification😁
Do you want to add something or can we proceed to the next question
mäxn: Ready for the next one (:
Q3 from Telegram User @Cheriemike
You mentioned that at a certain size, bridges and transition to other network will be considered.So since Power INU is built on Binance Smart Chain,what blockchains will you transit to in the future?Since integrating to other network isn’t stated on your roadmap,does that mean it will take a very long time before you will plan to transit to other chains?What new features will be coming up on your platform for year 2022 since your project roadmap ends in December 2021.Please explain thanks
Gold Rocket | Satoshi Club: [ 👋 Sticker ]
mäxn: Ok so as we already have NFTs in the works, a transition to ETH would be a given at a certain level, releasing NFTs and trading them on opensea is pretty straightforward so this would be our first way to go (:
If everyrhing goes according to plan there are many things that will be announced for next year, can’t spoil everything just yet although i gave some hints already (;
Gold Rocket | Satoshi Club: Thanks!
Q4 from Telegram User @Rotoxy
Closely observing the statement on your website and whitepaper, observed that the sentences are constructed in future tenses. Are you still in beta phase? When are you launching fully? Which products are currently available and what are your plans on releasing the rest?
mäxn: Thing is with launches like this you always have to roll with the flow and incorporate the community. This is why we have not “locked in” on some features and these things will be more like an ongoing process. We plan to release feature after feature, step by step, first thing being our mintable NFTs within two weeks of launch and staking even before that. From this base we will keep on adding additional features that will push the project forward 👍
Gold Rocket | Satoshi Club: By the way, if you want, you can share your roadmap with us.
Andrés M. | Satoshi Club: Great, waiting for the announcements about new features🥳
Gold Rocket | Satoshi Club: But if you want we can jump to the next question😊
mäxn: Oh kinda stressful as i am on my phone only, would have loved to do this on my desktop, it would have made everything easier haha
Sure lets do that! Roadmap is on the website as well for anyome checking it out (:
Andrés M. | Satoshi Club: Haha don’t worry, please share us the link of the website to check it in detail
Gold Rocket | Satoshi Club: Thanks for sharing😊
You are my hero ❤️
Andrés M. | Satoshi Club: Perfect, actually our next question is to talk more about your roadmap and the community engagement
Q5 from Telegram User @ItsMelissa3
While reading the Power Inu roadmap I realized that by December you have as a goal to grow the community and spreading the word for this unique project. There are many known tools that facilitate this process, for example, one of them is to create an ambassador program, where qualified users are in charge of increasing the reach of Power Inu and attracting new users to the community, would you launch an ambassador program soon? Another useful tool is a referral system or making partnerships with influencers or youtubers, what strategies do you have in mind to achieve this goal?
mäxn: So basically we have our connections setup far enough to get all the important stuff straight from the start, then an ambassador challenge would be a great way to include the community more in the project. We were actually just discussing this option in our last meeting, so stay tuned on that!
In the past we have worked with the bigger influencers like traveladd, cryptomessiah, torin hoffman and many more as well so these relationships are already established and will be used to grow our community even faster (:
Q6 from Telegram User @Asela1112
Power Inu was developed by CryptoTeamZero organization as the document says. But When I googled the term of CryptoTeamZero, I’ve got nothing. Can you share more details about the CryptoTeamZero organization? Is it a legit organization & Who is the in charge persons in CryptoTeamZero organization? In which manner will they back the Power inu in order to make more popular such as Shiba Inu token in BSC space?
mäxn: Well our team was pretty small until lately when we expanded and we founded out team in march this year, back then without any name. One big goal is to actually found a firm here in germany, which takes a lot of effort and time, and work this way officially, however this might take a bit longer to actually set up, but eventually that would be our goal. Then we of course would have our owm cooperate identity and everything and you could find us on google (:
Our whole team is on one level, there is no real boss in this sense, but yeah right now we are all working very hard to get this launch to go smoothly (;
Andrés M. | Satoshi Club: So, have you not been audited yet?
Gold Rocket | Satoshi Club: interesting approach. true team spirit
mäxn: We have actually! (:
Our token contract has a doxxed audit on dessertswap
Andrés M. | Satoshi Club: Oh congratulations for it, security first👏😁
Andrés M. | Satoshi Club: Well @kneeofjustice69420, thank you so much for your exiting and great answers, there are a lot of dog projects but I think Power Inu has a lot of unique features to offer 😃💪
mäxn: Yeah we agree hehe (:
Andrés M. | Satoshi Club: Now is time to proceed with the live segment of the AMA, our community have prepared a big amount of great questions for you. Ready to go?🥳
Part 2 — live questions from the Telegram community
Q1. from telegram username@highpee
I joined your group and I saw people writing USERNAME of person sent me. Send them to where? 🤔🤔 What does this mean? Is it a form of event? Do I need to write @somebody_username sent me?
mäxn: No no you don’t have to write that, it is when we give away whitelist spots to communities to boost the channel of their owners as well they tell everyone to write in the chat who sent them, we think it is beautiful to unite so many communities at once (:
Q2. from telegram username @latedance
Could you please tell me is it possible to not but the whole NFT but buy some part of the NFT with the your project projector rent it?
mäxn: The minting prices for our NFTs on the smart chain will be affordable, so we will probably only offer whole NFTs for now 😁
Q3. from telegram username@Moonboy
When will staking of PowerInu is going to be available? and can I find information about it now ??
mäxn: This will be announced within the first 3 days after launch, rather sooner than later, the coding part is done and we are about to finish up testing 👍
Q4. from telegram username @Orlemys
Dogcoins have lost the popularity they once had, especially since at least half of the dog projects that come out end up as scams. How will Power Inu make a name for themselves, and establish their project as a trustworthy, valuable investment?
mäxn: We tend to disagree, many great inus have been released an many still do great runs, with our unique design we surely stand out and this will be a big factor in our rise to the top 😊😊
Q5. from telegram username @alicandogan9
How much do you care about the privacy and security of your users in the Power Inu project, what is your security level? How do you plan to defend your project against external web attacks?
mäxn: We are working with big influencers daily and have a lot of tools in our marketing box ready to be pushed out, so be ready to see some big moves (:
Q6. from telegram username @wish111
Are your smart contract audited ? And will you ensure that your projects you offer to your community be audited as well?
mäxn: Yes! All of cryptoteamzeros projects are audited and doxxed with the auditing service, to offer maximum safety! (:
Q7. from telegram username @messilolz
What type of investors power inu targeted? Can a small investors can join your presale or is it for elite investors only?
mäxn: As our minimum contribution is 0.1 bnb, even small investors can join our presale 😁
Q8. from telegram username@chinyere2020
“There are Voicechats held regularly for the community to hang out with us and talk their mind. We take any critique and suggestions seriously!”. What language are the voicechats held in? How can community members that do not understand such language contact Power Inu to make their own suggestions/contributions?
mäxn: The voicechats are held in english but german throw in questions are also allowed, as for other languages community driven groups are opened and handled by assigned mods where you can also share your ideas (:
Q9. from telegram username@hmdtadel
Is it too late to get whitelisted in your pre-sale ? and if my wallet doesn’t get whitelisted where I can buy your tokens after the sale ??
mäxn: You can participate 5 minutes later in the public presale, but there are many ways to get whitelisted, giveaways, competitions, sweepwidget, check in our tg for more info on that 😊
Q10. from telegram username@Asela1112
Most platforms give Autonomous reward distribution on behalf of holding the tokens. So why didn’t you focus on reward system with every transaction?
mäxn: Because we feel like a higher apr through our unique staking system will encourage holding way more than the low percentage that gets reflected with every tx (:
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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