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Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from Rich Duck, a token designed for reestablishing a new capital structure and a new virtual world in Metaverse. The AMA took place on August 21 and our guest was @RichduckArmy?—?CMO of the project.
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
PART 1, INTRODUCTION AND COMMUNITY QUESTIONS
Richduck: Hello Satoshi club, I’m very glad to be here.
D. | Satoshi Club: very nice to have you here.
Mary | Satoshi Club: Richduck, please introduce yourself and tell us more about Rich Duck.
Richduck: OK Hello, Satoshi community. I’m glad to be here. I’m Emma, CMO from Richduck team.
We started Richduck 3 months ago and the idea of RichDuck has been in our mind for many years. Our founder team has voluntary experience in Africa and has the same mission to help people getting rich in a crypto way. Since all of our team members started from a humble beginning and got rich by investing in cryptocurrency, we want to help people get out of poverty by joining us. I entered crypto because at that time I was surprised and impressed by the innovation of bitcoin and many crypto innovations afterward.
I decided to follow the trend of decentralization and started my career here.
Mary | Satoshi Club: Nice mission sure, you will tell more details about this during today’s AMA. Will it be easy to make people rich? What difficulties do you face on your way?
Richduck: Of course it wasn’t easy and we had a lot of problems with development, not a lot of people knowing about us and so on, but we worked through it step by step.
D. | Satoshi Club: and by the way, how you would describe your project? is it a meme coin or more than that?
Richduck: $RICHDUCK is not only to be a meme coin. It’s a deflationary token that you would earn increasing value by more people joining the system. However, holders could enjoy DUCKMetaverse by using $RICHDUCK.
Q1 from Telegram user @igervacio
I read in a PUBLISH0X article that the RichDuck token was officially launched on August 18 at 7:15 PM UTC with an initial LP size of 600–700 BNB. In that article I saw several users asking a common question: RichDuck has the necessary legality to take that name from Disney? which made me seriously consider the repercussion that the project could have due to any demand for image rights, how does the rights work author in relation to tokens like RichDuck? your file will not face any demand for the name?
Richduck: Yup, $RICHDUCK has fair launch on August 18 at 7:15 PM UTC. Our duck image is not entirely Disney. We took inspiration from that and created a different duck with a professional design team. So we are fully compliant and there is no authorization issue. RICHDUCK’s Scrooge is a brand new duck, Done.
D. | Satoshi Club: your duck looks exactly like scrooge mcduck from duck tales.
Richduck: Yup, we designed our own logo and content story. It’s a completely different story and background.
Mary | Satoshi Club: Recently pepe nft collection was removed from OPENSEA market because of copyright claims.
D. | Satoshi Club: are you serious?
Richduck: Copyright is very important; our lawyer will help us avoid infringement.
Mary | Satoshi Club: Pepe the Frog Meme NFTs Removed From OpenSea After Copyright Dispute?—?Decrypt https://decrypt.co/78788/pepe-the-frog-meme-nfts-opensea-copyright-dmca
Q2 from Telegram user @Highpee
One of the interesting aspect of your project is that you said you want to rebuild the world in a new metaverse by the time you get to Stage II of your project. It is said that in this duck metaverse, people will be able to redesign orders, rules and classes but not everyone will be able to own land in these metaverse. Can you explain what orders and class stands for in this metaverse world? Who are the category of users that will be able to acquire land in your rebuilt world of Duck metaverse? What will be the benefit of owning land and social order in these metaverse and how can it contribute to financial freedom?
Richduck: It’s a good question.
Yes, we plan to build the DUCKMetaverse by the time we get to stage 2. The Metaverse will include rules and classes. orders and class in this metaverse world means that if you hold more $RICHDUCK, you will have higher status. The highest class will enjoy the largest dividends.
If you own land you can raise more ducks to trade, to produce tokens. It will be very interesting. Look forward to it.
D. | Satoshi Club: when you planning lands sale?
Richduck: Holding $RICHDUCK around November will give you genesis land.
Q3 from Telegram user @Asela1112
I couldn’t discover details about Rich Duck Team members on your website. Guys, are you a team of following anonymity? I know some projects gain more exposure & succeed even they follow anonymity. But it leads to lack transparency within community. So how will you surpass this situation? Will you reveal yourselves in future in order to add more transparency within Rich Duck ecosystem? What are the privileges, you got being as an anonymized team?
Richduck: Yes, we are an anonymous team. Our team includes developers, investors and marketers. We believe that in the crypto world, code is everything, and good projects don’t necessarily require real names.
Mary | Satoshi Club: Can we trust your code? Did someone audit it?
Richduck: We see a lot of good Meme projects that don’t have real-name team, and that doesn’t matter because they’re completely community-driven. $RICHDUCK is also a community driven project, which is fairly started.
Yup Everyone Could check it. An audit is under way, Plus, our tokens are 100% in circulation and no one can control it, Done.
Mary | Satoshi Club: Did you already know who will audit it? Can you tell us the name of audit firm?
Richduck: Sorry we can’t reveal it yet. As we only have one token online and the development work is not complete yet.
Mary | Satoshi Club: Really? Can you tell us more about it?
Richduck: OK, let’s check out the tokenomics: In every transaction, the platform tax 15% of the transaction, of which, 12% for buyback and burn immediately. The deflation is to increase token value.
1% for holder dividends. Holding is earning. 1% for marketing to involve more Richduck members. 1% for development. As the tokenomics shows, each Richduck holder can benefit from new people joining (i.e. the burn mechanisms and dividends). You can predict the positive growth of the token price by the model design. Thank you.
Mary | Satoshi Club: So, how much wealth did you already distribute?
Richduck: We just go online. We have burned 314,077,106,993.78 $RICHDUCK! More Duck, Be Richer. https://twitter.com/RichDuck9/status/1429013448021606400?s=19
Q4 from Telegram user @victorogb
RichDuck has specifically outlined three core ways to join the RichDuck army; by buying or holding RichDuck tokens, by creating sufficient hype on social media and by been a contributor. For a community governed project like RichDuck, these processes are key. With specific reference to project growth and contributory efforts of community members, how will the RichDuck DAO system, create and enable the most basic form of influence and decision making from every single token holder, and how does RichDuck empower and incentivize its social army for an effective social media hype?
Richduck: Yes, it’s an important question. We actually did a series of activities to build our DuckArmy.
You can be an ambassador, build your own army. You can also make memes for us to earn tokens. Holders can vote in the future to determine the future development of the project
D. | Satoshi Club: if you token plays a crucial role in your ecosystem, then why you burn it?
Richduck: Because we are a meme coin. We have a total of 1,000 trillion. In order to be a deflationary token that brings the holder up, we choose to burn.
Q5 from Telegram user @yellowchamp
RichDuck plan to launch a Launchpad function and NFT mining in your platform for this upcoming 4th quarter of 2021. So, can you tell us more about the Launchpad function that you plan to launch? What is the structure of this Launchpad and how will it be implemented in your platform? What kind of projects you are considering to be part of your Launchpad? As we know that there were already many Launchpad existing in the market, how would RichDuck Launchpad compete those existing? What will be its ambitious feature? For NFT mining, what will be its mechanism? Can you also tell us how will RichDuck implement and establish NFT mining and what will be its perks to attract more users in your platform? Thank you.
Richduck: let’s go. $RICHDUCK’s Launchpad will be different from others. The biggest difference is the service for meme coin.
We found that with the growth of Meme, more and more teams wanted to build meme projects, but many teams with good ideas did not have enough funds and market support. Our Launchpad will live for it.
D. | Satoshi Club: so you want to create more coins without real use cases? meme coins.
Richduck: Nope, we don’t create other coins. We just found a niche, we helped other teams with ideas, who knows if they could be the next $Shib?
D. | Satoshi Club: sometimes I think we have too much meme projects on market nowadays.
Richduck: You’re right! We will help $RICHDUCK holders choose a better meme project.
Mary | Satoshi Club: I want to see your Launchpad live.
Richduck: You Could Follow Us for More Information. https://twitter.com/RichDuck9?s=09
Q6 from Telegram User @babuxxx
In your roadmap there is an objective related to the improvement of the project and a test of the website through multiple platforms, these mechanisms are sometimes complex and it is necessary for users to have a little more informative details, how can we improve the RICHDUCK mechanism and through which platforms can we carry out the respective test on your website? You have also thought about joining the dApp market. What kind of dApp do you want to launch and how will this dApp benefit RICHDUCK monetarily?
Richduck: Yes, we have launched richduck.io, but the metaverse product takes a long time to develop, so we haven’t offered a chance to test it yet. You can watch us and be patient, richduck.io
Mary | Satoshi Club: Do you plan to offer your ducks some incentives for testing in the future?
Richduck: Of course, we’re going to give a lot of motivation.
D. | Satoshi Club: for example?
Richduck: For example,
- Launch a test whitelist campaign to reward long-term supporters.
- Players who participate in the test will receive an airdrop reward.
- The holder of an opinion is given a special reward.
PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS
The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.
Q1 from Telegram user @Sourava12
What benefits I can enjoy being a Richduck-Ambassador Can you talk about Application procedure to be a Richduck-Ambassador?
Richduck: We recently launched the Ambassador Program, where you can earn tokens and build your own community by becoming a $RICHDUCK Ambassador. More information: https://twitter.com/RichDuck9/status/1428940026809786371?s=19
Q2 from Telegram user @brjh2000
What is the total supply of this tokens? Can I buy your tokens right now and also which wallet support your token? Trust and security is very important in any business. What makes investors customer and users safe secure, when working with your project? Thank you, sir.
Richduck: $RICHDUCK’s total supply is 1,000 trillion. You could buy it in pancakeswap.finance
Our token address: 0x09Eab30000635F514CBAf07564CC46FF1a95933d. Our token is 100% circulating.
Q3 from Telegram user @Zohaya
In each transaction the platform taxes 15 %, 12 % of which are immediately used for buying and burning, 1 % for holding dividends, 1 % for marketing with more Richduck members and 1 percent for team development. Is this not a very high fee and will it not lead to a very high fee for your project? Why was your project starting at 15 percent? Is this number decreasing in the future?
Richduck: We chose 15% tax because it helps our token deflate better. Of that, 12% is used for buyback and burn immediately. This will allow the token to rise better. Holders can see significant token appreciation.
You could check its price: https://poocoin.app/tokens/0x09eab30000635f514cbaf07564cc46ff1a95933d
Q4 from Telegram user @Indomiekuy
Reading from today AMA with Rich Duck project, I have question about your token sale, any info about how to join Presale or Public Sale? What are the requirement to join to buy your token?
Richduck: Thank you, there are no presale and public sale. You could buy $RICHDUCK by Pancakeswap. Token address: 0x09Eab30000635F514CBAf07564CC46FF1a95933d (15% slippage)
Q5 from Telegram user @Asela1112
Your First mission is reaching 10,000 $RICHDUCK holders. Currently you have 588 $RICHDUCK holders within a short time period. So what are the strategic methods will you deploy to reach the balance holders? After reaching 10,000 holders will you stop the marketing about $RICHDUCK? I mean, will you abandon the $RICHDUCK token?
Richduck: We have done a lot of activities to realize this vision. For example, the Ambassador program, the Meme contest, comment Elon.
We will not stop marketing plans. We’re constantly working with other community and projects to make it be true.
Q6 from Telegram user @Gemshunter22
For a new investors attraction to your platform Does your project has planned for a buyback and burn of tokens to increase attraction of your project?
Richduck: Of course, 12% of tax will be used for, buyback and burn immediately.
Q7 from Telegram user @mucana
What is the main role of the $RICHDUCK token? What are its real life uses? Where can I get your Token now? Will I benefit in the long run?
Richduck: The main role of $RICHDUCK is buyback and destruction mechanism. You could buy $RICHDUCK on PancakeSwap. You can check out our price movements it’s very nice. Long-term holders will get richer.
Q8 from Telegram user @Lovely_DC_67
Q) What are the rules and regulations in your group? Can you share it here?
Richduck: No rules and regulations. The holders control everything.
Q9 from Telegram user @tigertiger201
What is your vision behind your project?
If the tokens dump after launch what will you do?
Richduck: Our token’s price is very nice, if our price goes down we’ll buy back more tokens. Our vision is to be Meme Metaverse.
Q10 from Telegram user @bablu288
Q) What kind of celebrities do you wish to contact? By joining with you, what type of advantages or privileges do celebrities receive?
Richduck: An audit is under way.
PART 3, QUIZ AND INFO
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Rich Duck A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.
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
- Website: https://esatoshi.club/
- Twitter: https://twitter.com/esatoshiclub
Our Partners:
Twitter: https://twitter.com/RichDuck9
Telegram: https://t.me/Richduck_global
