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Prostarter x Satoshi Club AMA Recap from 9th of May

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 Prostarter and our guest was @PROT_Ahsan who is Co-founder of prostarter.io. The AMA took place on 9 May.

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

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Prostarter! Welcome to Satoshi Club

D. | Satoshi Club: today our guest — @PROT_Ahsan !

Ahsan PROT | will never DM you first:[09.05.21 16:48]

Hi Everyone,

Mary | Satoshi Club: Welcome to Satoshi Club

How are you today?

Ahsan PROT | will never DM you first: Thank you so much. Nice to be here among you guys.

Mary | Satoshi Club: Let’s start our AMA

Ahsan PROT | will never DM you first: I’m great. Thank you.

Yes sure.

Mary | Satoshi Club: Ahsan, could you please introduce yourself and tell us more about Prostarter?

Ahsan PROT | will never DM you first: Yes sure,

This is M. Ahsan, Co-founder of prostarter.io. I’ve been in crypto and blockchain development from long time.

Prostarter is a new contribution to the crypto world with lots of differentiating elements. Prostarter is on a mission to provide hassle-free processes for fundraising for cross chain IDO’s by introducing features such as one-time KYC and transparent LIVE Whitelisting along with the NFT launchpad and marketplace and much more for the crypto community.

Mary | Satoshi Club: Is it your first project in crypto?

Ahsan PROT | will never DM you first: Well I’ve been development team for several project back in 2017–18. but yes If own something then this is my first project where i’m the part of core team.

Mary | Satoshi Club: Gotcha!

Thank you for your intro! Do you want to add something or we can go to the questions from our community?

Ahsan PROT | will never DM you first: I think you can move to next round. let’s take some community questions.

D. | Satoshi Club: thank you! let’s do this!

Q1 from Telegram user @Arisabela

Prostarter aims to support only “well-deserved and high quality blockchain projects” I must suppose they will have to pass a rigorous study and selection process, who will be in charge of choosing the projects? Under what criteria? Or will it be hand in hand with the community?

Ahsan PROT | will never DM you first: Don’t worry, we have a proper team arranged for the scam to identify very keenly. We will check the audited reports. We will also set up a meeting with them to know the legitimacy that they are fair and trustworthy for our crypto community to take part in. In the end the decision will be held from the governance board for the ultimate right decision cancelling out all types of scams.

Mary | Satoshi Club: So, no projects with anonymous teams?

Ahsan PROT | will never DM you first: yes,

Mary | Satoshi Club: What about audits?

As i know there are a lot of audit reports, which i can call such as to raise doubts

Ahsan PROT | will never DM you first: Project contract should be audited from any of top and well reputed audited firm.

Mary | Satoshi Club: That’s nice

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

Ahsan PROT | will never DM you first: yes

Q2 from Telegram user @Jonahapagu

Prostarter is one of the First blockchain projects that will be doing a Live IDO Whitelisting where both public and private members will be able to see the whitelisting process live on their screens, this is to clear all kinds of trustlessness and transparency concerns… so on what platform will the Live IDO Whitelisting be done, how can private and public users participate in the IDO Whitelisting, will every participant in the IDO whitelisting have an equal chance of being selected.. and if a user is selected what will be the minimum and maximum allocation they can get..

Ahsan PROT | will never DM you first: Good question. let me explain everything

Mary | Satoshi Club: Take your time

Ahsan PROT | will never DM you first: about 4 question in one question hahha

-First part what platform will the Live IDO Whitelisting be done,. obviously it will be on our own platform.

-how can private and public users participate in the IDO Whitelisting , For every project we will open whitelisting form and people can apply through that. You might have seen our IDO whitelisting form on our website. It automated so until a user doesn’t connect it’s metamask he will not be able to reach to form. SO first of all no bot entries at all.

-will every participant in the IDO whitelisting have an equal chance of being selected, Chance of getting whitelist depends upon number of tickets. So more number of ticket means more chance to win whitelisting spot.

-Minimum allocation could be different for every project.

D. | Satoshi Club: can you already name the projects, who will be participate in the first IDOs on your launchpad?

Ahsan PROT | will never DM you first: Right now we got several applications and we are reviewing application. We will announce first IDO after a few days of our uniswap listing.

D. | Satoshi Club: got it, thank you for answer! ready for the next question?

Ahsan PROT | will never DM you first: Next question please.

Q3 from Telegram user @Ajpaa

Prostarter is encouraging use of NFTs by giving 12% dedicated token allocation for NFT-based blockchain projects. ProStarter roadmap, after successful IDOs, will be launching NFTs Launchpad and marketplace in the next month(s).. For NFT artist/shops that want to establish brand identity and loyalty, does ProStarter platform have in place for NFT artist/shops structure to develop influential global brands identity and loyalty? Do you have creator grants in place to support and encourage up coming creators with potentials, hence more growth on platform.

D. | Satoshi Club: in simple term — what are your plans on NFTs?

Ahsan PROT | will never DM you first: Well WE are in process of developing NFT marketplace and to encourage NFT creator we have dedicated 12% of tokens. So I think this is big support.

Other than that. We are working and planning to launch NFT games where there will be special rewards for the users. That story is in process and we will be publish it very soon.

So there is a lot to come to support NFTs

Mary | Satoshi Club: On which blockchain will be based your NFT marketplace?

We will patiently wait for updates

Ahsan PROT | will never DM you first: It would be crosschain. ETH, BSC and TRC initially.

D. | Satoshi Club: very nice! it will be cool

Mary | Satoshi Club: Wow! That’s awesome!

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

Ahsan PROT | will never DM you first: yes

Q4 from Telegram user @cryptofollower

ProStarter is a DeFi launchpad platform. I see you concluded private sale and pre-sales. But for $PROT IDO why did you choose ZeroSwap and a double launchpad with ProStarter? Initial Dex Offering on ZeeDO requires staking ZEE tokens. Are there any token staking requirement for joining the IDO on your launchpad? What are the details for total number of seats?

Ahsan PROT | will never DM you first: We have been discussing with different IDO platforms but we found ZeeDo very professional. Experience has been really great, their team is very professional and aligns things perfectly before time.

2nd part. Are there any token staking requirement for joining the IDO on your launchpad?

No particularly staking but token locking would be required to participate in IDOs on our platform.

Mary | Satoshi Club: Which benefits will $PROT holders have?

Ahsan PROT | will never DM you first: And since to get whitelisting there need tickets and tickets depends upon number tokens and locking period. so that’s why locking would be required.

Mary | Satoshi Club: Will you have min/max to lock?

Ahsan PROT | will never DM you first: Pro-Kings will have benefits but for other users it’s important to lock tokens to get lottery tickets

Mary | Satoshi Club: @PROT_Ahsan

Ahsan PROT | will never DM you first: actually yes. We will announce the exact amount of token to be locked for minimum days to get one ticket at least. .

Mary | Satoshi Club: Gotcha! Satoshiclubbers, stay tuned

Thank you for your answers! Ready to proceed?

Ahsan PROT | will never DM you first: yeap.

Q5 from Telegram user @yellowchamp

In your roadmap Q3 2021, Prostarter set to launch TRC. So ,can you explain more about TRC? What is the main thing that TRC focuses in your platform? How it will bring good impacts to Prostarter entire network? How will users and investors of Prostarter be benefitted and be profitable with TRC? Thank you

Ahsan PROT | will never DM you first: After ETH and BSC chains we decided to go for TRC as well. Not only we are is process to make $PROT cross chain we will accept TRC projects as well. Also we are thinking about other chains as well. like Avalanche chain.

Since bsc and trc chain has less gas fee so obviously more user would like to shift on those chains for trading.

D. | Satoshi Club: what about implementation of Layer2 on Ethereum? do you have plan to work with projects like Matic?

Mary | Satoshi Club: Polygon

Ahsan PROT | will never DM you first: yes we are already working on layer2 as well. I noticed that ETH is also working to reduce gas fee. so that would be helpful.

and yes Matic and ADA are in mind.

D. | Satoshi Club: nice! thank you for answer!

ready for the next question?

Ahsan PROT | will never DM you first: yes

D. | Satoshi Club: the last question from part 1

Q6 from Telegram user @Antoni_azx

I couldn’t avoid to be interested in your alliance with powerful security experts like HACKEN, can you tell us how this alliance helps you and what are your security strengths? What options do you offer to new projects?

Ahsan PROT | will never DM you first: Obviously HACKEN is one of the top project security audited firm and it’s nice to be partner with them. As far as new projects are concern, It’s not important for them to be audited by Hacken but yes they must have to be audited from any of top security firm.

Mary | Satoshi Club: Whith wich projects do you have partnerships?

Ahsan PROT | will never DM you first: Right now hecken is our security partner, blockpass is our partner for KYC, also we are in partnership with zeeroswap, hotbit and probit as well. As far as IDO project partnerships are concern. we are receiving applications and we will announce soon.

Mary | Satoshi Club: Got it

Thank you for your answers!

Ready for the most exciting part of our AMA? Live part

Ahsan PROT | will never DM you first: So it’s next round time. right?

Mary | Satoshi Club: Right

Ahsan PROT | will never DM you first: okay. I’m ready.

Mary | Satoshi Club: Let’s go

Part 2 — live questions from the Telegram community

Q1 from telegram username @Alika061

What are the plans after the IDO #Prostarter after it ends and will the $PROT token be listed on Binance or other markets or maybe on the dex and cex, then what price will be when the $PROT price list is?

Ahsan PROT | will never DM you first: Right after the IDO we are going to list on uniswap and trading will get started. 13th may is hotbit listing days. and on 16th may we are listing on probit. With that we are in touch with other exchanges as well soon you will get some good news. Binance is not under discussion right now for the listing.

AMA is a part of marketing and getting people aware about the project. Apart form that there are several marketing going on. As a result you can see significant growth of our community on twitter and telegram.

Q2 from telegram username @atom022

Token burn is important for investors.

Do you have any plan burn or buy pack?,,,,

Ahsan PROT | will never DM you first: At very start we have total supply of 100M and after first round of pre-sale we re-schedule the things and burnt 25M tokens and reduce total supply to 75M. We had a plan to burnt all the extra token to be sold out in pre-sale and private sale round. But they just took minuets to sale out. Similarly in future we will decide if there would need any token burnt we will burn

Q3 from telegram username @Velora08

Ensuring a security issue is certainly important for users… So, can you tell us about the security of your platform? Have you done an audit through any audit platform..??

Ahsan PROT | will never DM you first: Yes, security is most import and most concerning thing for every project. Out contract is fully audited by hacken.io (one of the top security firm). you can see report on our website as well as on hecken website as well.

Q4 from telegram username @Ratash97

When is your launchpad and in which plateform ?

Ahsan PROT | will never DM you first: We are conducting IDO on zeroswap and on our own platform. details are already announced. please stay tune to out announcement channel , twitter and medium.

Q5 from telegram username @highpee

One of the key feature of ProStarter is that you will give every whitelisting winner a GUARANTEED ALLOCATION. How will this be done? For how long will a guaranteed spot remain valid and what will happen if a user with a guaranteed user refuses to show up during sale? Can his position be replaced?

Ahsan PROT | will never DM you first: Yes it’s time bound Guaranteed allocation. Every whitelisting winner will be allotted a separate time to claim token allocation to prevent issues of missing the claim by few seconds..

for all the unfilled spot we will open the pools for public to participate on FCFS basis.

Q6 from telegram username @robotliker1

Could you please give us detailed information of tokenomics too?

Ahsan PROT | will never DM you first: 33% is for private and pre-sale rounds

You can see tokenomics details on website and white paper. https://prostarter.io/

Q7 from telegram username @adaatalay

Do the community or investors have the right to participate in the management of the project? What kind of decisions can they vote?

Ahsan PROT | will never DM you first: Not whole community, obviously we can’t do this. But yes PRO-KINGS would be the part of governing board.

Q8 from telegram username @topind7

Is there any guide on how your users can participate in IDO whitelisting?

Ahsan PROT | will never DM you first:yes, please be a part of group discussion if you would have any question. you can also go through this medium article.

https://prostarter.medium.com/announcing-prot-ido-whitelisting-on-prostarter-launchpad-dedf80084505

Q9 from telegram username @jubair0

‘How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates????

Ahsan PROT | will never DM you first: I’d strongly recommend you to join all of our social media platform to stay update.

Telegram

Official Telegram Groups: https://t.me/Prostarter

Official Telegram Channel: https://t.me/Prot_ann

Other Official Links:

Twitter: https://twitter.com/ProtOfficial

Medium: https://prostarter.medium.com/

Website: https://prostarter.io/

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:

English Telegram group: https://t.me/Satoshi_club/

Russian Telegram group: https://t.me/satoshi_club_ru/

Spanish Telegram group: https://t.me/satoshi_club_spanish/

Telegram Channel: https://t.me/satoshi_club_channel/

Twitter: https://twitter.com/realsatoshiclub/

Website: https://esatoshi.club/

Our partners:

Telegram: https://t.me/Prostarter/

Twitter: https://twitter.com/ProtOfficial

Medium: https://prostarter.medium.com/

Website: https://prostarter.io/

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