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vEmpire DDAO x Satoshi Club AMA Recap from 12th of August

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 vEmpire DDAO and our guests was @vEmpiredigital. The AMA took place on 12 August.

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

Hello Satoshi Club! We are happy to announce our AMA session with vEmpire DDAO! Welcome to Satoshi Club

Hello, dear Satoshi Club!

Today our guest is @vEmpiredigital

Thanks so much all

great to be here

Nice to meet you

Welcome to Satoshi Club

Let’s start our AMA


Could you please introduce yourself and tell us more about vEmpire DDAO?


so I’m Dominic Ryder, CEO and founder of vEmpire

I started my career as a stockbroker, moving into wealth management and then private equity.

In regards to vEmpire the reasoning behind the protocol was as a reaction to all the greed and screwing over the little guy I witnessed along the way

vEmpire is fighting centralisation

Starting with the Metaverse companies by facilitating DeFi esque staking strategies of Metaverse tokens

We’ll use these to invade the protocols and conquer

What is the essence of vEmpire DDAO?

[ Sticker ]

You’re real crypto guy

Who is in your fighting team?

The essence of vEmpire is the community. A normal DAO rewards the wallets with the most money. I’m the real world leaving running it to the most wealthy hasn’t worked out so far really has it?

vEmpire’s DDAO is a Democratic DAO, one vote per wallet above a minimum holding (we would have zero but have to protect against bots)

Usually no matter what the community votes

They are overruled by founders, developers and the team behind the protocol. Not with us


but, yes, bots usually are a problem

What about team

Indeed, the community is the lifeblood of the project, its engine. you made the right bet

Ah sorry yes

so it is myself as CEO, aka Romulus with my brother Mike aka Remus as COO I am the crypto maxi, he is the gamer

we have lots of advisers & people I’ve met along the way who share my crypto passion and hatred of CeFi you can see the development team and advisers here

Family business

Great team! Are you public?

Yes fully KYCd by solid proof and you can find us all on the website link here


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


let’s go

Oh, it’s so rare now, I want to pinch myself and see if I’m asleep

I know I bet you were shocked when you saw there were no animals involved at all in this token?!

Great question

And food

So as I touched on above, the DAO in its original sense is a great idea, giving (intending) to give power to the community, but it has shown to be very open to abuse. This is why I wanted to make sure that whether you had 5K, 50K, or 500K you get the same say in the governance of vEmpire

And the reason and inspiration

Seeing every vote ending up getting passed by just one developer wallet


Very true

Let’s talk about your future brawls with cheaters

do you already have bot prevention system?

Yes we do, as mentioned, the perfect scenario would be every staked holder having a say in the governance but that isn’t possible due to the risk of Sybil attacks. This is why we will be setting a minimum requirement to hold your singular vote. All results will be audited for anomalies on top just for added protection

Super! Hope it will work

We have everything in place

Btw, when we will see everything live?

So I am harassing my devs endlessly to make sure we have a platform demo to showcase prior to the token launch on 31st August, at present, we are running on schedule

Very soon

Smart contracts are ready, we are building front and back end atm

Thanks a lot for the answers! Look forward to


Thanks again, yes so the approximate time is because the time is measured in Ethereum blocks, these average 12–18 seconds but they vary so the time will change in the weeks leading up to the sale, but we will reset it to within 1 minute of 20:00PM BST on the day of the sale

In regards to the other points

It is worth mentioning that the VEMP token will also be IEOing on MEXC Global which is one of largest in the world and ranked in the top 20 by liquidity. So as well as Unicrypt there will be allocations on MEXC Global as well

The maximum purchase on Unicrypt is 2.5 Ethereum and MEXC global will be considerably less

VEMP is currently pegged to Ethereum at;

125000 VEMP per Ethereum

So, i can assume Unicrypt sale will end fast

This means at 3K per Ethereum, VEMP is worth 0.024, at 2K 0.02 etc etc

So the way to work it out is whatever the Ethereum price is on 31st August, just divide it by 125000 and there’s your VEMP price

Well that’s the Hope for us !

Why did you decide to peg to Eth? Usually projects like to orient on usdt/usdc etc

Priority list (first 2 hours) goes to holders of three UNCX or 50 UNCL tokens, then it opens for anybody

As an ERC20 token we thought this was the best way to go

we could of pinned to USDT or USDC but well, it’s a bit boring isn’t it!

On MEXC you will have a USDT pair

And Unicrypt is Ethereum so you get the best of both worlds

That was a long one!

good question though!!

thank you very much for such a detailed answer

It’s all about the details

Great I was hoping for a question on our trading cards

yes so the trading card game will be hosted on the vEmpire platform first which will be on desktop. Mobile application is of course something we want to bring to market ASAP as well but launching an Ethereum based mobile application game rather than a desktop is a very tricky beast.

Having a desktop version first allows us a lot more flexibility and a lot more time for us to work out any cards that could be overpowered, applying the NFT boosts, gameplay running smoothly etc etc. We think it is better to launch a mobile game with perfect gameplay than to rush something for convenience

The NFTs are already out on Opensea, vEmpire was created to reward loyalty which is why the first editions are all being released at a low price and marked with a vE, so the first commons are already sold out which were 0.1 Ethereum but we launched the reinforcements which are 0.15. These will only go up in terms of the prices new cards are listed, so early supporters are rewarded as the lifeblood of vEmpire

What about ETH fees? Won’t it be expensive?

not bad….

Gas fees are always something to bear in mind of course, we are already working on cross chain solutions with talks with polygon and BSC already underway

We are hoping that the new upgrades will keep gas lower in the meantime and 2.0 is just around the corner

Yes we are already a top 10 trading card NFT company on Opensea

Wow, congrats

Yes! There is a lot of competition and this is a good result.

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

Of course

Another multi level and great question so be patient with my typing

Np, take your time!

Take your time

Yes so as soon as we have BSC & Polygon capabilities we will be expanding our marketplaces as well. We are also working on something very special in this regard with our developers so stay tuned in our telegram discussion group!

The key thing with our NFTs is that as well as looking really awesome

they have full utility in our play to earn game on the vEmpire platform. Please see 5.2 of our whitepaper

The more NFTs you own the better you are likely to do in our game vEmpire: The Beginning

The NFTs boost your hand with the corresponding card, making it much more likely that you will win the battles. Like with most NFTs and collectibles. Once people see the utility and the game is launched on the platform, their real worth and desirability is likely to skyrocket, as the owners of the NFTs will be the most profitable gamers on the platform. So I encourage you to get them while you can as they are likely to get more and more desirable as time goes on (not financial advice!)

Oh also please see the NFT handbook here to see all the NFTs that will become available

I like that nft has a real field of application

Yes not just a pretty face

This will increase their value.

Yes, that is why I am trying to allow our early community the cheapest access

excellent opportunities for early birds

Thanks so xVEMP & xsVEMP will not be tokens in the same right as VEMP and so will not be publicly tradeable, xVEMP is a “proof of stake” token in that it allows you to be gifted fees from the vEmpire platform. On unstaking if your xVEMP you will be given back your VEMP stake + any rewards

xsVEMP is a further level which allows users to enter our great arena where they can battle other users in the NFT game for the chance to win more VEMP

xsVEMP holders are truly the most daring and bravest warriors of vEmpire

For more information on the token and staking tokens please see section 1 & section 5 of our whitepaper

Ah and in terms of inflation

vEmpire’s supply is capped at 810,720,000 which is gradually released over 21 years. There is no additional minting of VEMP

You can find our emissions schedule and inflation table in the whitepaper

in fact this is a rather unusual solution. share your tokenomics with us

Complicated system

Btw, will VEMP prizes be fixed in game? Or prizes volume will depend on factors?

Yes so a DeFi protocol rewards it’s users for staking tokens onto the platform, these rewards need to come from somewhere, and so the supply is not just dumped into the market, the emissions are released to vEmpire’s users and stakers of the platform.

So a user of vEmpire’s Metaverse token strategy will earn rewards as below. I will use MANA (Decentralands currency) as an example;

MANA is staked into the MANA pool, a certain amount of our tokens (95% of our supply is locked) are sent to users who stake their MANA into this strategy. The rewards send to this pool & others are decided by the DDAO. This earns users their first yield which is paid in VEMP.

vEmpire will then use this MANA to buy land, real estate and collectibles within Decentraland. 50% of these profits are reinvested and the other 50% are paid back in MANA to strategy users. This means that you are earning a yield in two different cryptos from the one strategy, confusing yes but this diagram should help

Please see 2.2 of whitepaper

We leave that to our users

it will be decided by the community in our DDAO

Oh, true decentralisation


Thanks for sharing


Let’s do it

Yes so the trading pairs as mentioned earlier will be with both USDT on MEXC & also Ethereum with 60% of the Ethereum we raise on Unicrypt going into a locked liquidity pool. In terms of liquidity potential from MEXC, this was one of the key reasons for going with such a large exchange, over half a billion flows through them every 24 hours and sometimes more, having accessibility for both seasoned investors through DEX and also those who may be more comfortable investing through a platform, we personally felt allowed us to best service all aspects of our community

Will we be able to farm your tokens somewhere?

We also wanted to expand into the Eastern market where there is lots of innovation in the gaming and NFT space and thought this would give our early token holders great liquidity and price action support

Yes there are token farming options on Unicrypt and we will be developing our own on platform solutions as one our first features released as well

do you plan ambassador programs?

Oh, that’s what we like

Potentially, we are also looking into and want to have the top players and gamers in the play to earn and NFT space as members of vEmpire

A lot of these play to earn games have options for those who cannot access the assets to play for others

But the rates seem and are usually very unfair

With the owners keeping 80% and the players 20%

We want to democratise this and vEmpire will never earn more from any of its lent assets than the user does

It will be 50/50

Thank you very much for the great answers.

Thanks for the great questions!

Now if you want to share useful links with us before opening the chat

Yes sure I will be share our FAQ page

it is also worth me mentioning that we have great support from some really big names, Jeff from Axie Infinity for example, me and him are currently chatting and he is very impressed with vEmpire, nothing signed or agreed yet but watch this space!

Alongside that we have had articles written by us on Forbes by Cathy Hackl as well as mentions from other top influencers such as Spartan black, DCLblogger & more

Please see our FAQs and also how you can win 1% of VEMPs total supply

FAQ for vEmpire’s $VEMP token

Listing on MEXC Global — Top 20 CEX

Token Launch: 31st August


Where can I get involved in the pre sale?

Or top 20 CEX MEXC Global

How will VEMP be used in the protocol?

To reward & incentivise Metaverse token staking onto the platform & to reward game winners

Wen moon? See launch date ^

Why did you create vEmpire?

How can I earn 1% of VEMPs total supply?

Where can I get the NFTs?

Where can I post my secondary sale NFTs?

How much will 1% of VEMP be worth if vEmpire gets to the size of MANA? $10,000,000

Where can I see or add my clue? (

Socials? (

Part 2 — live questions from the Telegram community

After my experience in the financial services industry, I see all CeFi as a problem. I could write stories upon stories for days on my experiences but I wanted to highlight especially how I’m seeing the same mistakes repeated in the Metaverse as we saw in the Great Recession, I highly recommend anybody who wants to learn why I created vEmpire to read this medium article i wrote

Yes us crypto investors are quite the short terms thinkers at times

my thoughts behind vEmpire is all about our repeat platform users and the long term benefit stakers will see from the platform. This is why at every level I have incentivised long term holding, with the vEmpire strategies you can stake one token for yield, then stake that VEMP yield into the DDAO for more yield, and then stake that further to xsVEMP for even more yield

Our long term holders will always get the biggest rewards and are much more likely to be successful in play to earn

more in our whitepaper!

Yes we are already in talks with Polygon and vEmpire is very much a cross chain project including wanting BSC utilisation on top of Ethereum in the near future

The token was minted through Unicrypt which means that it is fully audited with no additional minting option. We have also had KYC by and we have locked 95% of the tokens to give you faith that we are certainly in this for the long run

So the vEmpire Emperors parchments quiz is at first a quest that can only be solved by the Empire working together to solve the clues. vEmpire encourages community and so if people keep clues to themselves then nobody will be able to enter the final battle to win 1% of vEmpire’s supply. Eventually the quest will turn into a battle of individuals, but for now nobody can progress unless the Empire community works together to get the last three clues from the last influencers left!

See here for more

So I would point again to the medium article, preventing a Metaverse financial crisis. The same mistakes in the Great Recession of securities made of securities made of securities is being repeated by some greedy venture capitalists

There are NFTs being made of NFTs which themselves are part of an investment trust which has been made into NFTs…. This sort of leveraged securitisation never ends well and pops eventually. Please read more here

Covid was awful for so many people. For a select few and me included being stuck at home allowed me the clarity to see what I wanted from life and what I wanted to stand for. This gave me the push to write my whitepaper and this is where it all began for me and the team

Community is the single most important aspect for any new or existing crypto. Hands down no question. This is why at every level of vEmpire we want to reward users. Do not be fooled by some projects offering airdrops and other short term incentives, these rarely build a true community, vEmpire rewards loyalty above all, join our fight and reap the rewards of our battle from within

I highly encourage all of you to read the whitepaper

It does take time but you will truly be able to see I am telling the truth when I say that there is no project out there right now that is doing

What vEmpire is doing. We are a brand new concept in the crypto world. Almost every token this year is some sort of animal, food o just a fork with a slightly improved feature. Not vEmpire. vEmpire is crafting a new sort of protocol and a new niche in this world we love

Yes absolutely, so more games will be added which will include even more utility for the current NFTs on sale now. vEmpire will eventually build its own Metaverse and a home planet for our army. All Metaverses need wearables, and our NFT owners will be first in line to where the armour their cards possess

We want the early supporters to be the ones who benefit the most from vEmpire this is why we released the NFTs before the token, so whilst the greedy whales aren’t noticing, we can share the earliest NFTs with the REAL community

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.

English Telegram group:

Russian Telegram group:

Spanish Telegram group:

Chinese Telegram group:

Indonesian Telegram group:

Telegram Channel:







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