The race for slot #4 has seen a fierce competition, which pushs the amount of needed $KSM over 80K

The gap between the leading candidates is quite close, so the TVL of $KSM may increase in the final days of the ending period.

1/ Currently, Phala Network is the leading candidate with more than 3400 contributors and 84.7K $KSM.
https://twitter.com/PhalaNetwork/status/1413058343149588483?s=20

2/ Bifrost Finance is closely following KHALA with more than 80K $KSM. They are now having a x2 reward program with the aim to break through.
https://twitter.com/bifrost_finance/status/1412875644292276229?s=20

3/ Basilisk Finance is the most prominent and impressive name with about 17k KSM within 24 hours. Only a few days left to see if Basilisk can break through and become the winner of this race or not.
https://twitter.com/bsx_finance/status/1412676911852032004?s=20

4/ Which project do you think will be the winner? Comment and predict the winner to receive $100 in winner's token at this tweet: https://twitter.com/PolkaWarriors_/status/1412417558683193360?s=20

5/ Don't forget to vote on Telegram to show the support for your favorite project: https://t.me/PolkaWarriorsANN/686

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Top 5 Candidates for parachain slot #4

Motion 331 to upgrade Statemine & enable permissionless asset creation has been passed by Kusama community and was deployed. 

People now can create and mint assets on Statemine - The first common-good #parachain on Kusama by depositing 1 $KSM as collateral.

1/ To teleport KSM from Kusama relay chain to Statemine parachain, in the Kusama app, you can go to Accounts menu then click on Teleport. Do the opposite way to teleport $KSM from Statemine to Kusama relay chain.

2/ To create assets on Statemine, in the app, you can go to Assets on the Network menu and click Create.

3/ Consuming fees on Statemine will be 1/10 of fees on the Kusama relay chain.

4/ $RMRK - A governance, staking, and collateral token of RmrkApp
 will launch on the Statemint chain. It will be fairdropped to all Kanaria egg holders. Learn more at: https://app.subsocial.network/@rmrkapp/rmrk-token-utility-and-other-fa-qs-18366
 
 5/ Learn more about this Statemine upgrade at: https://twitter.com/kusamanetwork/status/1419941525971144706?s=20

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Permissionless asset creation is now available on Statemine

On Aug 03, Sam Zou and James Bayly joined PolkaWarriors AMA to introduce SubQuery - A data-as-a-service provider that aims to transform and Query the world’s data for Web3 future. During the AMA, their team has received a lot of interesting questions from the community.

SubQuery is a data-as-a-service provider that aggregates and organises data from Polkadot and Substrate projects, serving up well-structured data for developers to use for a wide array of projects. It operates between the layer-1 blockchains (Acala etc) and decentralised apps (dApps). This service allows dApp developers to focus on their core use case and front-end, without needing to waste time on building a custom backend for data processing.

SubQuery allows every Substrate/Polkadot team to process and query their data. The project is inspired by the growth of data protocols serving the application layer and its aim is to help Polkadot/Substrate projects build better dApps by allowing anyone to reliably find and consume data faster.

# Below is a summary of the outstanding questions and answers from the AMA session.

**1. I see your project SubQuery developing many products! This is an advantage of being able to meet most of the user's needs! However, does developing multiple products make it difficult to manage? How do you guarantee the quality of all the products in SubQuery?**

**James:**

SubQuery only launched in February this year, and since then we’ve been working extremely hard. From day one we’ve focused on building a product that has market fit, and that has real use cases. It may look like we have many products now, but they all work together to provide a better service to our customers.

Firstly, we have an open source SDK. This SDK allows users to generate their own SubQuery Project, defining how the Indexer should traverse and aggregate their own protocol - see https://github.com/subquery/subql

We have also provided the community with help articles, walk-through guides, and other materials to help them get started with using SubQuery to unlock data for their use cases - it means every user can get started today by themselves. - take a look! https://doc.subquery.network/

We also provide a managed service, so instead of running your own indexer infrastructure (which is time consuming and expensive), we can run it for you in our cloud infrastructure. It means users can have a running SubQuery project in only hours.

Has anyone run a production server here? It's stressful!

Lastly, when you go to the SubQuery website, you’ll find our SubQuery Explorer which allows you to browse through all the existing public SubQuery Projects that we host for free. We host them for free only if they remain public, meaning that everyone can see, learn, and be inspired by them. Take a look https://explorer.subquery.network/

It means if you want to build a new application you might find a working example from someone else out there. You can take their code, expand it for your own use case, and control your future. But you get a working starting point that makes it so much easier to get started.

Our team is one of the best in the industry, and we don’t get distracted by things easily - we’re good at building tools for other developers because we are developers - you can expect us to keep building and delivering new features for a long time.

How do we guarantee quality?? Hard work by a top team!

**2. Partners are very important for every project today. May I know which  partners you have now? and which partners in the future you will be heading to?**

**Sam:**

SubQuery is being used today by huge customers  e.g Acala, Moonbeam, Bifrost, etc.

For example, Kurara, Acala's canary net in Kusama, is using SubQuery Data in their dApp - all the data that you see in Karura’s application is provided by a SubQuery project.

We are actually working closely with Fearless Wallet - one of the leading Polkadot wallets,

They are adapting their wallet to use data for SubQuery for staking revenue and others, because they can get data from SubQuery faster and in a more elegant way than if they went directly to the chain,  saving lots of their development time and maintaince,

We've also got many NFT platforms, and chain exploreres who want fast access to data from Polkadot and Kusama (or their own chains). we're scaling our platform to support them all and be as fast as possible for their applications.

If a cusotmer wants to build a user friendly application - they should use SubQuery.

SubQuery is so easy to use that eveyr new team buildingan applicaiton will save hours of development and devops time with SubQuery,  that's why all top polkadot eco parachains teams are using us, e.

**3. Which market are you focusing on? How do you rate the Asia market? Do you have any plans to develop in the Asia market?**

**James:**

Asia is becoming a centre of Polkadot and blockchain development in the world. That’s why Sam and I are talking to you all today - Vietnam, and the rest of Asia is that important to us.

Some of the teams in Vietnam and the rest of Asia are building incredible things, and as a service provider for blockchain teams, we want to help you achieve your goals faster!

Another thing is that we're building a bigger local community - you can join our ambassador program to be a part of our journey! https://subquery.medium.com/introducing-the-subquery-ambassador-program-aa82613ab804

**4. What is the main goal that SubQuery wants to achieve this year? What will SubQuery look like after 2021? Can you explain the future the group describes?**

**Sam:** 

By the end of the year, we hope that SubQuery is going to be powering all the top projects on Polkadot or Substrate, our data services will be the fastest and most reliable out there. We’re going to keep things open, so anyone (from the biggest company to a single developer in Hanoi) can build and publish their own SubQuery for their own app.

We do believe that a healthy decentralisation future requires multiple data service providers, that’s why we’re going to decentralise the SubQuery Network.

In order to ensure no single point of failure for SubQuery, and to make sure that the community can participate in our success, we’re going to move to a globally distributed decentralised network of participants organising blockchain data. At the end of the year, we plan to be far down the road to true decentralization and tokenization of the SubQuery Network.

All will happen very soon,

**5. I read on your website that some of the services SubQuery will offer will be free. So, will you have paid products? How will you generate income to finance your development process that will take years, do you have sufficient financial resources planning for this?**

**James:**

SubQuery is currently open source, and will always be - anyone is free to use SubQuery themselves!

But running infrastructure is hard and takes a lot of time, so we provide a managed service for SubQuery. This is currently free for open source projects, but we expect to bring on some larger enterprise customers. Those customers will rely on us to run their SubQuery projects and so we may have revenue arrangements with large volume enterprise customers

The future SubQuery network is also designed to incentivize and tokenize our ecosystem with the SQT token - this is the main way we expect to make SubQuery profitable, with the rewards earned through our token economy.

By the way, have you seen our whitepaper

https://static.subquery.network/whitepaper.pdf

There's also this summary! https://subquery.medium.com/the-subquery-network-a-summary-46cde0acb010

**6. Why did you choose the Polkadot network? SubQuery is known as “The Graph on Polkadot”. So what are the similarities and differences between SubQuery and The Graph?**

**Sam:**

SubQuery is native to Polkadot and Substrate - it’s been our home and we know all the teams here.

The comparison to the Graph is correct, but it’s not really a fair comparison. SubQuery is dedicated to Polkadot (which is far younger than Ethereum) and we've only been around for ~6mo compared to over 2.5yrs.

Our competitive advantages over The Graph are:

Simplicity: We focus on helping developers create their own SubQuery Projects easily, and we’ve reduced the tokenomics complexity to improve network participation and make rewards easier to predict

Indexer/Delegation imbalance: Fairer and simpler rules both parties

Market signalling: With fixed price purchase orders instead of curators

Incentivising for performance: Indexer routing considers performance and latency

A focus on Substrate/Polkadot: As the market leader in Polkadot, we’ll dominate our ecosystem and support any Substrate chain

James has actually made a very simple video about this here: 

https://www.youtube.com/watch?v=jjs0Gk1e7sw

We think there's plenty of space in our industry for multiple data providers so we look forward to working alongside The Graph and other data providers.

**7. Wouldn't you have a problem with scalability? I mean, for your SQT to function properly, you need a large number of nodes to make as many sites on the network available as possible. How will it be solved?**

**James:**

Scalability? We love scale!

We’re not concerned about scalability - the global market for data is huge. Look how big the big data players (like Google) in the centralised world are!

The SubQuery network doesn't require a large amount of nodes in the network, it would still work with a few indexers and different consumers as long as the number of requests are large. We’re currently doing millions of requests each day, we plan to grow that to billions each day!

We want as many small nodes running in the network as possible, and our intelligent indexer routing encourages that. We are building a tokenomics that rewards smaller indexers that are providing data closer to their users over bigger centralised ones.

Think of SubQuery like a content delivery network (CDN) - For example, from where I am in Auckland to Tokyo it takes 700ms for my request to SubQuery. If that goes to Sydney instead it’s only 300 ms. Much faster!

That's what we want SubQuery to be like

**8. Many crypto projects have built their own dApp for staking. Is SubQuery also planning for making a dApp to stake $SQT?**

**Sam:** 

SubQuery probably won't be building dApps ourselves - we provide the tools to make building dApps easier for others.

I think the idea of building a dApp to view delegation staking rewards of SQT is a great idea - when we fully decentralised we plan to start a grants program that would reward builders of dApps just like this!

Whoever interesting of building such, welcome to contact us,

# In the live questions section, Sam and James did answer several short questions from the PolkaWarriors community.

**1. How do you think SubQuery is helping financial institutions reap the benefits that DeFi has to offer?**

**James:**

Definitely, we're helping other teams like Acala and Bifrost with their data, and will work with dApp developers to make use of their data!

Our customers might be anyone anyone - from the biggest financial institution to a single developer in Hanoi.

**2. Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?**

**James:** 

Just take a look at the number of customers we are currently helping in production, and how much interest there is with builders in our ecosystem - we're not here to just talk, we are here to build and release!

**3. I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, do you have plans for HACKATHON so as to check the security of your ecosystem periodically and also invite developers to build?**

**Sam:**

Yes, we are working closely with our partners for Hackathon,  keeps an eyes in our social media and it will happen soon

**4. While you build your project, do you take into account community feedback and demands?**

**James:**

We talk to customers every week, so when we build our product we build it right. In tech there is a concept called Product Market Fit - we aim to have it!

**5. I have a question regarding Subquery token. Will it be on ERC20 first and later on polkadot, or do you plan to launch straight on Polkadot?**

**Sam:**

We are planning to launch straight on Polkadot,  the plan is that we will be working closely with the Acala team to tokenize SubQuery in the Acala ecosystem first.

**6. Subquery is basically a native Polkadot protocol - why did you choose to base on Polkadot? Any benefits on this for the project and its users?**

**James:**

Polkadot’s unique architecture means that we can focus on one network and then be able to support multiple current and future chains automatically. By putting in this effort now, even as Polkadot is still under development, we will be there ready to help the next generation of blockchain developers create the next big dApp.

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

**James:**

Take a look at the social media links on the bottom of our website https://subquery.network/

**8. How do you intend to attract community members to SQT? How do you intend to gain more community support? How strong is your community support?**

**James:**

Very strong, we haven't been focusing on this recently but now we are! We've just opened up our ambassador program and hired some more business development. Times like right now show how strong our community is!

**9. Do you have AUDIT certificates,  or are you working to AUDIT your project, to make it more secure and reliable?**

**Sam:**

Yes, we've engaged with Auditor to audit our SC code

**10. First impressions of your project are actually a big deal: You must aim to give out the best possible outcome. I have to admit, I didn't find much information about you. Is it true that you don't have a TG group? I saw your channel but not a group.. Why?**

**James:**

Initially we had a lot of scammer activity on Telegram - but keep an eye out and we might have a group running soon. We're mostly on Discord.

**11. What is biggest focus for SQT at the moment and what is the number #1 priority for the team in the next 6 months??**

**James:**

Build the SubQuery Network!

**12. Are developing countries also a market for SubQuery?**

**James:**

Absolutely!

**13. NFT is getting more popular nowadays. It looks like NFT has a bright future. So do you guys have any plan to include NFT to your project?**

**James:**

We support many NFT projects like KodaDot and Secret NFT

**14. What are the use cases of your token, and how are we as users motivated to buy and hold long term? Will new use cases come along time?**

**James:**

The SQT Token will be used to exchanged for data from the SubQuery Network

**15. As an individual user ,In what ways can I contribute to the development of SQT ? Do you have Ambassador programs and what are its benefits?**

**Sam:**

yes, we have Ambassador program, you can sign up here, https://docs.google.com/forms/d/e/1FAIpQLSdxVAkAs4Gd5k1YoDk_C_ecQlWPiR2xFtnyf4pjHBHHwACFfA/viewform

**16. Do you have any YouTube channel or website for this project?From where we can learn something?**

**James:**

https://subquery.network/ and https://www.youtube.com/channel/UCi1a6NUUjegcLHDFLr7CqLw

**17. Every industry is sadly affected by the atrocious situation of the COVID-19 outbreak. Does it affect the growth of the SubQuery project? What are your plans to turn challenges into opportunities for brand development?**

**James:**

We're lucky that our team is safe and healthy - COVID 19 makes it harder for us to travel but we can still talk to you all!

Read more about SubQuery at: http://dotmarketcap.com/blog-detail/10/subquery-transform-and-query-the-worlds-data-for-a-web3-future

# About SubQuery Network

[Website](https://subquery.network/) | [Twitter](https://twitter.com/SubQueryNetwork) | [Telegram](https://t.me/subquerynetwork) | [Medium](https://subquery.medium.com/)

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AMA#30 Recap || PolkaWarriors x SubQuery Network

Kiltprotocol is aiming to become a #parachain of #Kusama's next auction. They will spent 4.5 million KILT Coins as the rewards for ppl supporting their #auction bid. 

Detailed guidelines will be revealed when the 2nd batch is announced. Pls keep calm & wait for their updates.

Check their full article at https://medium.com/kilt-protocol/kilt-plans-for-crowdloan-coins-reserved-to-thank-community-3ed48ab3a63d for more information.

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4.5M KILT Coin will be reserved for crowdloan rewards

Moonbeam Network declared they would reallocate and redenominate the $GLMR token to prepare for “Take Flight” - a community token event planned for September 2021.

Similar to $DOT, the initial genesis supply of $GLMR has been redenominated from 10 million to 1 billion. Its tokenomics and ownership, including the 5% annual inflation rate, will remain the same.


About 8% of the total genesis supply of GLMR and 10% of the total genesis supply of MOVR will be spent on incentivize liquidity programs, which aims to  help effectively and competitively bootstrap activity in the Moonbeam and Moonriver ecosystem.

10% allocation (1,000,000 MOVR) for Liquidity Programs will be powered by the Community Initiatives and Parachain Slot Reserve fund. More details about Liquidity Programs will be announced shortly.

Take Flight event will happen on September 2021 and the tokens Allocated for this event is 80,000,000 (8% of the initial, re-denominated supply). There will be 3 sequential phases and the first of which will have a guaranteed allocation.

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Moonbeam Tokenomics Update: Reallocate and redenominate

Which events you are waiting for in DOT ecosystem? KSM Auction? Moonbeam TakeFlight? Or Build Acala 2?

Next week will be an outstanding & extremely important milestone for KSM ecosystem & high-impact projects in the ecosystem.

Here are some of the most important ones.

1/ The date for Kusama Network auction batch 2 finally has been defined.

- Auction 6 - Sept. 1, 2021
- Auction 7 - Sept. 8, 2021
- Auction 8 -  Sept. 15, 2021
- Auction 9 - Sept. 22, 2021
- Auction 10 - Sept. 29, 2021

https://twitter.com/PolkaWarriors_/status/1428262985290551301

2/ Get more information about Moonbeam TakeFlight Event at:
https://twitter.com/PolkaWarriors_/status/1426418825189236737

3/ Check Build Acala #2 at:
https://twitter.com/AcalaNetwork/status/1425625839178223617

4/ Follow the launching progress of Moonriver, it is estimated to go live on Aug 26:
https://twitter.com/PolkaWarriors_/status/1423669094436401153

5/ Bit.Country with their airdrop giveaway:
https://twitter.com/BitDotCountry/status/1428581840126840837

6/ Check Zenlink Community Contribution Carnival to share 10,000 $ZLK:
https://twitter.com/ZenlinkPro/status/1428297794259935234

7/ Join Kusama demo day hosted by Equilibrium & Genshiro on Sep 2 at 2:00 pm CET with the participation of big projects in Polkadot ecosystem.
https://twitter.com/DotMarketCap/status/1430068602988679168

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Upcoming Highlight Events

3 names have appeared in the race.

* Kilt Protocol
* Calamari Network
* Basilisk Finance
 
Who will be the winner? Cmt Down pointing backhand index

Tracking Right pointing backhand index https://dotmarketcap.com/auction

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Kusama Parachain Auction #6 has been launched

Batch 2 of $KSM #Parachain #Auction is very intense, and projects are competing for the 6th slot. 

Why don't we learn more about Centrifuge, Altair Network and their strategy? Meet @cassidydaly and ask her anything

Mark your calendars & get up to $500.

https://twitter.com/polkawarriors_/status/1433247716289638405?s=21

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AMA(dot)32 - PolkaWarriors Ask Centrifuge Answers

Moonbeam Network just announced details of Take Flight: Min/Max Contribution, Price & Timeline for eligible participants of 3 rounds.

This is the 2nd big event after their canary network - Moonriver
's launching.

$MOVR & $GLMR are the most trending keywords on [DotMarketCap](https://dotmarketcap.com/)

For more details about Moonbeam Take Flight event, read their article: https://moonbeam.foundation/take-flight/

If you want to find more information about Moonbeam Network, visit https://dotmarketcap.com/coin/Moonbeam/1

If you want to find more information about Moonriver, visit https://dotmarketcap.com/coin/moonriver


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Moonbeam Take Flight: Timeline and Details

On September 17, IntegriTEE - A Decentralized Platform for Trusted Execution participated in the AMA with PolkaWarriors to introduce their project.

Integritee is a system that unlocks the value of sensitive data by combining the trust of Polkadot/Kusama , the scalability of second-layer sidechains, and the confidentiality of Trusted Execution Environment (TEE) hardware. Integritee aims to power a new generation of data-driven dApps and services. Achieving this will depend on establishing trustworthy public auditability and transparency, to allow everybody to verify that the correct code is executed on genuine TEE hardware.

This AMA was held in PolkaWarriors Global Telegram Group with the participation of Waldemar Scherer – CEO & Co-Founder of Integritee AG. Many questions have been raised for the IntegriTEE team, which shows the community's interest in their project.

# Below is a summary of the outstanding questions and answers from the AMA session.
**1. Why did you choose Kusama and the Polkadot network? What are your plans for Integritee's project in the future? How will Integritee develop to compete or replace Ethereum?**

**Waldemar**

We chose Kusama and Polkadot because it is a scalable and secure protocol that serves as the foundation for an interoperable network of blockchains and provides the basis for Web 3.0 —a new, fully decentralized internet. For Integritee, the Polkadot Relaychain will provide public auditability.

Integritee has appeal for a broad range of enterprises across different industries and the appeal of Trusted Execution Environment technology as a privacy preserving technology will only continue to grow as people and companies place more emphasis on data security and sovereignty and regulations shift to reflect that.

**2. Can you articulate some details of the metrics and the governance model of the $TEER token? What is the role of $TEER in the platform ecosystem? What are your strategies to help drive the demand and increase the token value, thus making profits for long-term holders and investors?**

**Waldemar**

Great Question! The TEER Token supply at genesis will be a hard cap of 10M TEER and is directed at utility and governance. 

Token holders will ultimately control the governing council as they can elect the council, which ultimately has control over the allocation of Treasury funds as well as Incentive funds. In addition, token holders and the council can suggest and vote on changes to the Integritee Network/Platform.

Firms intending to use Integritee’s service need to acquire the token, either

on the open market or through an intermediary that accepts fiat payments and pays the onchain fees on their behalf. This creates a direct relationship between the value of Integritee’s services and the demand for the token. As a result, when the demand for Integritee’s services increases, demand for TEER – and its value – will also increase.

The core competitive advantage of the Integritee platform is its technology, which enables a service that is superior to the competition. The TEER token has been designed so that its value will reflect this core competitive advantage,

thereby linking the value of an off-chain

technology with an on-chain token.

**3. With the development of blockchain technology, an infinite number of blockchain projects have appeared on the market. But people prefer/ will accept projects having real use cases. Can you tell us about real-world use of Integritee or solutions that contribute to this?**

**Waldemar**

Absolutely - Could not agree with you more! There is no bigger use case than Data in the present market and world we live in. Data has outstripped the value of all other assets and as a result it has become more and more attractive for cyber criminals to abuse. 

Data drives innovation and value ($274bn* in 2022) – however, the increasing pressure and awareness from regulators and users pose significant challenges. Through blockchain, Integritee has the potential to provide the perfect answer to trust.  

What if you could unlock the value of data, without access to the data itself ? A trusted execution environment (TEE) is a highly secure, isolated area within a computer processor that is separated from the system’s main operating system. It ensures that data is stored, processed and protected in a secure environment. Integritee combines the confidentiality of TEEs with the trust of blockchain. This enables multiple firms or consumers to process data in pre-agreed ways, without having direct access to the full underlying dataset.

Integritee provides a trusted technical foundation. There are far too many potential applications to list but they affect every industry and you personally too! Some examples include:

• Financial dapps.
• Medicine, wearables. An Integritee sidechain can be used to share medical data with a medical dapp.
• Oracles.
• AI networks that process input data in private mode.
• Data storage.
• Bridges to other blockchains.
• Private messengers.
• Decentralized identities.
• Data analytics.

**4. The majority of crypto projects are built for the purpose of increasing their own assets. So I want to know what value you want to bring to the crypto industry?**

**Waldemar**

Integritee is one of the most advanced scalable privacy chains, that allows the creation of GDPR-compliant dApps, private smart contracts, launch oracles. 

The most important thing to understand is that Integritee can host any blockchain in public or private mode. Our predecessor SubstraTEE was meant to be a set of tools for other ecosystem projects. We realized that many potential adopters of the technology won’t be able to obtain their own parachain slot. So that’s why we saw the potential of pooling all these projects on a dedicated parachain.

**Remember**: you can launch any Substrate-based blockchain on it as a sidechain. It’s a platform for blockchains. Among its features:

Smart contracts. Can be written in Rust or Ink!
Privacy. It’s possible to turn any blockchain into a private one by launching it on Integritee. It’s possible to share any sensitive information with any 3rd party and control it.
GDPR compliance. Due to its privacy features, Integritee is tailored for enterprise use, as it allows to store safely any data in a decentralized way.
Scalability. The architecture with side chains allows the network to scale to 1,000,000 tps.

**5. Why did you choose Kusama network? What are the benefits to your project? Are you planning to launch your mainet or switch to other blockchains in the future?**

**Waldemar**

For Integritee, the Polkadot and Kusama Relaychains will provide public auditability and interoperability possibilities. 

We are planning to launch our mainnet in Mid-October no matter what the outcome is of the current parachain slot auction round. We can launch and then migrate to a parachain as soon as we win a slot - which we will very soon!

We also plan to obtain a Polkadot parachain slot once the Polkadot parachain auctions start!

**6. Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?**

**Waldemar**

We have a different approach. We spent years developing the technology before we brought the project to the attention of the public for exactly this reason. We wanted to be sure that we had a solid foundation before we started building awareness.

Our product and its security and reliability will always be our primary concern because it is the foundation of the service and the entire token economy. 

We are focusing now on helping people realise the potential of Integritee and building strong organic communities with dedicated and interested supporters to support our growth. Our community is incredibly important to us!

We have also already announced a number of high value partnerships - even before securing our 1st parachain slot! These include:

• Litentry - a network which provides privacy-first, decentralized identity aggregation computing services.
• Ternoa - a network which uses top decentralized storage providers (SIA, Arweave, Filecoin) to ensure the long term integrity of the encrypted and segmented data.
• Polkadex - The trading engine for Web3 and DeFi · Polkadex is a fully decentralized peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem.

And we have multiple more partnerships which we hope to announce in the coming weeks and months.

**7. Integritee currently resides in the Polkadot network. But, do you have plans to expand to other networks like solana, BSC, etc...? The integration of a bridge in different chains is very useful for investors and their assets in terms of cost reduction in rates.**

**Waldemar**

Again – great question! 

Yes, we are planning to introduce Bridges later this year and start to connect different ecosystems and make it even easier to use intergritee’s advantages. This again shows our commitment to build up an interconnected ecosystem and not to create another silo.

**8. Nearly 76% of investors have just focused on the token price in the short term rather than understanding the true value of the project. Can you tell us about the motivations and benefits for investors to hold your tokens long term?**

**Waldemar**

The value of the TEER token is driven by demand for Integritee technology. We know demand is high - as we can show by the number of interesting partnerships we are exploring in and out of the blockchain space. As demand continues to grow the value of the token will increase in the long term - which is an incentive for investors to hold it in the long term.

Our intermediary framework also allows for our technology to become accessible to enterprises outside the blockchain space. Investors have a vested interest to hold on to the token against exchange fluctuations and potentially fulfil the role of intermediary or capitalise on this market structure.

The TEER token has been designed so that its value will reflect this core competitive advantage, thereby linking the value of an off-chain technology with an on-chain token.

By definition, the TEER token has an intrinsic value: users need it to pay for operating in the Integritee network. To ensure that costs are stable and predictable for Integritee users, the usage will be denominated in fiat.

Payment, however, occurs in an equivalent amount of TEER tokens, based on the live exchange rate with fiat. Under this assumption, the price of the TEER token might become irrelevant given that its intrinsic value is a multiple of the quantity of service it can purchase.

# In the live section, Waldemar has answered several short questions from the community
**1. Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?**

**Waldemar**

Currently you can participate in our Crowdloan campaign or wait until we get listed in Q4 this year to buy the token on an exchange

**2. Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?**

**Waldemar**

We are a 2nd layer technology and therefore we don't offer a specific UI, we focus on the ease of integrating with our platform and of course robustness and confidentiality is super important to us.

**3. Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, how can I be one ?**

**Waldemar**

I absolutely agree! And yes, we are definitely planning on an ambassador program to continue to strengthen our connection to our community. Details will follow soon so please stay tuned on our TG and Twitter.

**4. How strong is your team? Many projects started with a good impression and later  abandoned the project. What makes your project different from others?**

**Waldemar**

The Integritee project team is led by seasoned and committed blockchain veterans who have been developing decentralized solutions for complex, tangible, real-world problems for over half a decade. For  our pioneering efforts on combining trusted execution environments with blockchain technology, the team has received grants from both the Web3 Foundation and Polkadot Treasury and our  proposed parachain has been successfully deployed on the Rococo and Westend. We also have a lot of experienced advisors on board that have a long term interest in the project.

**5. How can we support your project? and what feedback would you give to the community?**

**Waldemar**

Great question! You can support us by supporting our Crowdloan campaign to help us secure our Kusama Parachain slot and drive Integritee forward! And by being an active and respected member of our global or your local community. We place immense value on our communities and try to provide as many local language groups as possible.

**6. What social network does your community focus on, how do they know about your project? I want to join the community, where can I find it?**

**Waldemar**

If you would like to learn more about Integritee and join our community - we have loads of information and resources on our website (https://integritee.network/ ) - where you can also learn more about our Crowdloan campaign. If you have any questions after the AMA you can always join our Telegram Group (https://t.me/Integritee_Official ) where our team will be happy to help out! We have Telegram Groups for lots of countries in different languages. And of course, for our latest announcements and updates you can follow us on Twitter (https://twitter.com/integri_t_e_e ).

**7. What do you think is the most unique thing Integritee brings to the blockchain community? How is it better than other platforms?**

**Waldemar**

Integritee solves the 3 main issues of Blockchain as of today. Its Scalability, Interoperability and Confidentiality at the same time without downsides. Additional to that, 

Integritee can be used to host any dapp or blockchain. Any financial dapp, running on Integritee, will get private features. So, if someone will try to launch a DEX with privacy features, it will only require changing a few lines of code to port it to Integritee.

# About IntegriTEE
 [Website](https://integritee.network/) | [Twitter](https://twitter.com/integri_t_e_e) | [Telegram](https://t.me/Integritee_Official) | [DMC](https://dotmarketcap.com/coin/integritee/1)

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AMA#34 Recap || PolkaWarriors x IntegriTEE

1/ Karura Network just announced their liquidity mining program with 350,000 $KAR in rewards. 

The program started on Sep 28 and anyone can earn $KAR when staking $KSM for $LKSM, the yield-bearing liquid KSM staking derivative, or become an LP in the new LKSM/KSM pool.

2/ The liquidity mining program has two ways to earn: 
- Stake $KSM for $LKSM, and earn by staking newly minted $LKSM (Rewards: 100,000 $KAR).
- Stake $KSM for $LKSM, then provide liquidity for the new LKSM/KSM pair (Rewards: 250,000 $KAR).

3/ In case you wanna learn more about $LKSM Liquid Staking in action, join their Crowdcast on Sep 28 at 9pm UTC at https://www.crowdcast.io/e/ksm-liquid-staking-launch

4/ Read the full article at https://medium.com/acalanetwork/get-ready-for-the-ksm-liquid-staking-splash-e29e35d71901

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Karura Network: KSM Liquid Staking Splash

![](https://media.giphy.com/media/GePChRKuGt5JvU3cHM/giphy.gif?cid=790b76112207497668aa3fbb1692ef9f7fa3b67027a92e36&rid=giphy.gif&ct=g)

After 20 days, we have got a great numbers here.

TVL in Batch 2 of KSM Parachain Auction has reached 1M $KSM.

The competition starts to get more heated & there are only 3 parachain slots left. Do u think we will see more records in the upcoming days? The best is yet to come.

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Kusama Crowdloan Batch #2: Total Value Locked has reached 1,000,000 KSM (~$400,000,000)

1/Wanna try Genshiro's closed beta but missed the chance? Oops, join NOW to get access to their product

- Follow https://twitter.com/PolkaWarriors_ & https://twitter.com/GenshiroDeFi
- Join http://t.me/PolkaWarriors_Global & http://t.me/genshiro_official 
- RT & tag 3 friends

10 random ppl will be picked to win beta access

2/Here are some key points of Genshiro until now:
- Their TVL is more than $2 million.
- Interoperable with Ethereum & BSC
- Supply APR >25%

This is your chance to get exclusive access to GenshiroDeFi's closed beta! Don't let it pass you by.

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As one of the projects joining Kusama parachain auction, Kintsugi can be considered as a bright candidate for achieving a parachain slot. Aiming to bring trustless Bitcoin to the Kusama network, Kintsugi is receiving a lot of attention from the community. PolkaWarriors community is very happy to host our 35th AMA with Kintsugi. The participation of Alexei Zamyatin has made the community very excited, during the AMA, he has responded to a lot of interesting questions as well as revealed about the project's upcoming plan and strategies.

# Below is a summary of the outstanding questions and answers from the AMA session.
**1. Can you introduce the operating mechanism and technical implementation of Kintsugi products?**

**Alexei:**

kBTC is a 1:1 Bitcoin-backed asset on Kusama, following a similar design as MakerDAO’s DAI.

The process of minting and redeeming BTC for kBTC is as follows:

1. **Issue:** Lock your BTC with a Vault. Pick one, or run your own. Your BTC is always safe and insured by Vault collateral.
2. **Mint:** Get kBTC at a 1:1 ratio to your locked BTC.
3. **BTC DeFi:** Earn on your Bitcoin. Use kBTC as collateral, for lending, yield farming and more across the DeFi ecosystem.
4. **Redeem:** Redeem kBTC for actual BTC on Bitcoin - trustless and anytime you want.

![](https://dotmarketcap.com/uploads/tinymce/photo_2021-09-25%2019.45.12.jpg)

What makes kBTC unique is the strict dedication to being trustless and decentralized.

**Secured by Insurance**

Vaults lock collateral on the kBTC parachain in various digital assets- in a MakerDAO-inspired multi-collateral system. If Vaults misbehave, their collateral is slashed and users reimbursed. As a user, you only trust that Bitcoin and the DeFi platform you use are secure.

**Radically Open**

Anyone can become a Vault and help secure kBTC, anytime. Yes, you can run your own Vault!

**2. How are the Tokenmetrics of Kintsugi designed? What are the utilities of its token?**

**Alexei:**

Kintsugi will be governed by its community from day 1 - via KINT, Kintsugi’s governance token. KINT tokens will be distributed to network participants, builders and early backers as airdrops and block-rewards. No public sale or ICO is planned.

The KINT token’s main purposes are:

**Governance.** KINT holders vote on governance proposals and elect council members to make operational decisions. To vote, KINT is locked and users earn staking rewards.

**Utility.** Kintsugi will support transaction fee payments in KINT and other digital assets, in addition to KSM.

**Outlook.** Long-term, Kintsugi governance may also decide to activate fee sharing among KINT holders, distributing the revenue earned by the network from bridging BTC, other assets, as well as BTC DeFi Dapps built on top of the EVM (yet, Kintsugi is adding EVM support with BTC specific functions!)

**Supply and Emission**

KINT features an unlimited supply. The emission schedule is defined as follows:

* 10 million KINT emitted over the first 4 years (4:3:2:1 million)
* 2% annual inflation afterwards, indefinitely.

**Distribution**

KINT will be controlled by the community:

* 70% is distributed to the community
* 30% is airdropped to the Interlay team (current & future), and early & future investors, who funded development of the protocol - subject to 48 weeks lockup, followed by 48 weeks linear vesting.

**Important:** starting in year 5, only the community receives new KINT from the annual inflation.

![](https://dotmarketcap.com/uploads/tinymce/photo_2021-09-25%2019.45.49.jpg)

Read more in the token economy whitepaper released by Kintsugi Labs (https://raw.githubusercontent.com/interlay/whitepapers/master/Kintsugi_Token_Economy.pdf)

**3. BTC is locked at which address? We know BTC doesn’t have a smart contract, so it will hold a secret key-controlled address, right? Who will have that secret key? RenBTC has a set of people signer, but it is not perfect. So how will Kintsugi do better?**

**Alexei:**

BTC is locked with a Vault.

Anyone can become a Vault by locking collateral (e.g. in KSM, DOT, USDC, …) on the parachain and registering with their BTC public key. 

The Vault in theory has full control over the BTC - but if it tries to steal it’s collateral will be slashed on the parachain and users will be reimbursed at a 110% rate.

RenBTC holds BTC in a centralized multi-sig, which seems to be controlled by the team, according to reports published online. Here the problem is (1) you cannot join the multisig and (2) if BTC is gone there is no insurance to reimburse users.

A good comparison to other approaches can be found here:

![](https://dotmarketcap.com/uploads/tinymce/photo_2021-09-25%2019.47.06.jpg)

**4. Revenue is a key factor for all projects to survive and keep the projects running. What is Kintsugi' way of generating profit and revenue? What is Kintsugi' revenue model?**

**Alexei:**

Kintsugi is community owned - so Interlay does not charge any fees for operation. Vaults earn fees from issue & redeem and earn KINT tokens as block rewards. We are also adding an EVM which will allow BTC DeFi products, such as trading the original NFTs such as Pepecash, or building Bitcoin derivatives. In the mid-term, the system will activate fee sharing: a part of the trading fees will be routed back to the network.

**5. People are always worried about the transaction speed because they worry about their transaction going to fail. How fast and secure is "Kintsugi' platform? If the number of users spikes, will transactions on "Kintsugi' get congested?**

**Alexei:**

Kintsugi benefits from Kusama’s / Polkadot’s performance: we anticipate over 1000 tx/second. This means: the issue and redeem process will be slow because Bitcoin block times are slow - but once you’re in the KSM/DOT ecosystem you benefit from high performance. 

Just like any system, KSM/DOT have a limit - but it is much much higher than that of Bitcoin or Ethereum.

**6. DEFI is evolving too fast and the ability to break is very high. What do you think about this and can you be sure that Kintsugi's products will be demand in the long term? What is Kintsugi planning to contribute to DeFi's growth?**

**Alexei:**

Bitcoin is the largest asset in terms of market capitalization (846 billion USD). It is also the asset that is most known outside of the crypto space and is being used as alternative investment by many. 

As time progresses, we will see more and more regulations targeting USD stablecoins - with KYC requirements etc. 

More and more users will switch to crypto-only starting with Bitcoin (e.g. we already have governments accepting BTC). 

Kintsugi & Interlay are pioneering how BTC (and other assets) can be used in DeFi - as such we believe that we will contribute to on-boarding many new users into DeFi.

**7. What are the key features of Interlay that sets it apart from other projects and what competitive advantage do you have? How has the experience and background of the Interlay team been effective in the project's success so far?**

**Alexei:**

Key features: full decentralization and game theory to make sure that users are insured against theft. Interlay is the only project that has managed to build a fully decentralized way to bring BTC to DeFi - basically, the MakerDAO of Bitcoin DeFi (if looking at the tech).

![](https://dotmarketcap.com/uploads/tinymce/photo_2021-09-25%2019.48.37.jpg)

Also, this shows why we need decentralized BTC

Interlay was founded by ex-Imperial College PhDs who have been doing R&D on Bitcoin since 2015. We are experts in cross-chain communication and DeFi mechanisms (e.g. stablecoins) and work with leading projects and research labs to constantly improve the status quo.

**Fun fact:** my PhD was on cross-chain communication. Dom's PhD on game theory, stablecoins and DeFi. 

Interlay combines these two in practice :)

**8. A strong community not only brings interesting ideas to the project but also attracts larger partners. So how is Kintsugi planning to build its community? And is there a plan to recruit people with Blockchain experience to the Kintsugi team?**

**Alexei:**

In September we launched our Ambassador program that aims to integrate and involve its  growing, vibrant community of coders, researchers and early Bitcoiners, Polkadot & Kusama followers & spokespeople, DeFi natives and anyone who is passionate about changing the centralized status quo.

Anyone can apply for the program. It is not a recruitment and is totally on a volunteer basis. Once accepted, a member starts as an Apprentice and based on his/her performance and value added to the community, is promoted to an Ambassador and eventually to Senior Ambassador. 

Currently we have 3 Ambassadors and 40 Apprentices and every week we are adding more members to the program. 

Interlay is also actively hiring across all fronts: engineering, marketing, and business development.

# In the live questions section, Alexei did answer several short questions from the PolkaWarriors community. 
**1. Since NFT is popular nowadays, is there a plan for NFT integration?**

**Alexei:**

Yes! We are adding EVM support and in this way want to bring some of the very first NFTs to Kusama - for example Pepecash. You can then build DApps for these NFTs, or trade these potentially on RMRK.

**2. Non-crypto users are very important for mainstream adoption. How are you planning to attract non-crypto users towards your project? Is there any upcoming partnership that will bring non-crypto users and real-use cases?**

**Alexei:**

BTC is the asset that is known best outside of core crypto. By making BTC available on DeFi, we hope to onboard many new non-expert users. And, then there is interBTC 2.0...

Imagine if you could lock BTC in your wallet e.g. for a year.... and start earning yield!

--> coming in 2022, a new way for BTC DeFi - for pro's & newbies alike.

**3. As the cost or fees of BTC change to WBTC is about 0.25% or so, how about the cost of iBTC change to interBTC in Ethereum? Are there any other fees for BTC change to interBTC?**

**Alexei:**

wBTC currently can charge high fees because they have a monopoly. We will change that :)

interBTC will have 

* a small fee for minting/redeeming 
* the Kusama transaction fees (but these are much smaller than on Ethereum)
* the fees for the BTC transaction as part of the deposit

Long term, we expect to have a free market among Vaults, as they compete for BTC of users.

**4. Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?**

**Alexei:**

All the info can be found at docs.interlay.io -- we will keep this up to date with all new features!

You can also follow us on Twitter for latest updates: 

* https://twitter.com/interlayHQ,
* https://twitter.com/inter_btc
* https://twitter.com/kintsugi_btc

**5. Can you tell us more about potential partnerships with other Polkadot projects and how interBTC / kBTC will be integrated with other parachains?**

**Alexei:**

kBTC can be integrated into any parachain via XCM. Obvious targets are Karura, Moonriver, Basilisk, Shiden, ...

We already integrated with Bifrost's SALP. 

We started out "Featured Use Case" blog post series: https://medium.com/interlay/featured-use-case-chaotic-btc-defi-with-kintsugi-karura-8b1a62b430d9

Keep an eye out for the next updates!

**6. In the next 3 years, what is your orientation for the Interlay & Kintsugi project? What difficulties are you going to face in the near future?**

**Alexei:**

Over the next 3 years...

* We will launch on Kusama
* launch on Polkadot
* expand to Ethereum, Cosmos, Solana etc. 
* add EVM support for BTC defi contracts
* add some OG Bitcoin NFTs
* Launch interBTC 2.0
* Integrate with top 20 DeFi projects to allow 1-click BTC DeFi

**Challenges:** it's a David vs Goliath battle with wBTC. We will need a lot of support from our community - but we are sure we can win because we have the better product and community

**7. What did you learn from the early versions of Interlay product or services? What are some of the major roadblocks on Interlay?**

**Alexei:**

We started working on this in 2018. We learned the hard way that a paper =/= product when we actually built interBTC - we fixed many bugs and solved many problems to get here. One of the main challenges was capital efficiency and a sensible token model - but we managed to solve that too by doing a lot of research. 

One major learning was that community is the most important thing for interBTC. We received so much good feedback that allowed us to make the product better - this is why we made sure that the community is in charge of making decisions.

# About Kintsugi BTC
[Website](https://kintsugi.interlay.io/) | [Twitter](https://twitter.com/kintsugi_btc) | [Telegram](https://t.me/interlay_community) | [DMC](https://dotmarketcap.com/coin/kintsugi/1)

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AMA#35 Recap || PolkaWarriors x Kintsugi BTC

The community is paying great attention to NFTs, & the most difficult thing for users is choosing the best platform. Different from others NFT systems, $RMRK is following a diff route to store unique data. Let's find out what makes it unique & be the best minting destination.

RMRK is deployed on Kusama - the cool experimental sister chain of Polkadot, and basically, they took advantage of the system.remark utility function to "remarks" like notes, graffiti on the blocks.

With RMRK's singular, you can easily create NFTs that own other NFTs. Just imagine your characters can be equipped with another NFT, as the artist, you would have the opportunity to grow revenue by creating newer versions of old works.

With Kusama's multichain compatibility, these NFTs are eternally liquid and forward compatible with unannounced projects and seamlessly portable to any connected parachain.

Polkatalk #2 will happen today. Why miss the chance to learn more about RMRK and get our special rewards?

Come with us on Oct 12, 4:00 p.m (UTC)
https://twitter.com/i/spaces/1lDGLLdVXnmGm?s=20

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What makes RMRK unique?

Parachains are coming closely on Polkadot. Many $DOT hodlers are unbonding their $DOT to prepare for upcoming crowdloans. 

Let’s see how their contributions will be handled in crowdloans by checking this infographic!

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How do crowdloans on Polkadot work?

After the first two successful Kusama parachain auctions & the great performance of cutting-edge projects, the whole community is waiting for the next round of $KSM parachain auction. 

Don't miss any of them, we have summarized its detailed schedule below.
https://twitter.com/PolkaWarriors_/status/1452621367669497865

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Batch 3 of Kusama Slot Auctions has started on lease 16

The next winner of auction on Kusama is Subsocial!

Reaching the hard cap with more than 100K locked $KSM, Subsocial has proven the power of community support. Congrats Alex Siman & the whole team for this wonderful milestone!!
https://twitter.com/PolkaWarriors_/status/1467442943355076608

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On Jan 14, Nodle Network and PolkaWarriors together organized an AMA with the community to introduce Nodle Network - an crowdsourced decentralized IoT network built on Polkadot. 

*“Nodle has created a global decentralized network of smartphones where every participant acts as a node in the network. All you need to do is to install a simple app Nodle Cash app. These connect to IoT devices and sensors around you and that's how you generate the Nodle Cash crypto currency. We pay people every 6 seconds”*

# Below is a summary of the outstanding questions and answers from the AMA session.

**1. The idea of the project is really unique and incredible, how did this idea come about?**

**Micha Benoliel:**

I think I started to answer that question a bit earlier in my introduction. Previously I created FireChat, which was an off-the-grid, private P2P messaging app that used Bluetooth to allow nearby users to message with each other

Back in 2014, I was coincidentally in Hong Kong during the 2014 Umbrella movement. Everywhere I went, I got the notification “FireChat user nearby!” It turns out, around 500,000 people downloaded the app that week

It was an AHA moment…as I realized that my dream of building a global mesh network using smartphones worked

Fast forward a couple of years, my Nodle co founder Garrett Kinsman, who also was at FireChat and then Ola Cabs (connected car infrastructure) in India, realized that this same Bluetooth Low Energy (BLE) mesh architecture used in FireChat could be used for more than just sending messages from phone to phone

The key though was to incentivize people to build a new “smartphone infrastructure” while protecting their privacy. Incentivized mesh networks, as we envisioned, could be used to connect millions of IoT devices like vehicles and sensors – and app developers could be paid to deploy this network

In 2017, we built a software-only network that uses smartphones as wireless IoT base stations. Any sensor or device in proximity can use the smartphone as a gateway to send data back to the internet. This was called Nodle, which stands for Network Operator of Devices Low Energy.

Smartphone users with our app or software could generate crypto in the form of Nodle Cash (NODL) by providing connectivity to nearby IoT devices and this in turn would build a lightweight network

You can download the Nodle Cash app here: http://nodle.io/cash

We built Nodle to be privacy-first and make sure to not collect personal data. In fact, most of what we process is anonymized, to guarantee everyone's privacy

**2. Who is the main target of Nodle? Are you primarily focused on individual users or enterprises? Who benefits the most from the services offered by Nodle?**

**Micha Benoliel:**

Nodle is a multi-sided marketplace: 

* Individuals can benefit from Nodle Cash to generate crypto from their smartphones and soon purchase services with it 
* Many users in our community refer to it as a type of passive income and even use old phones to increase their earnings
* Enterprises can leverage the network created by individuals for accessing services and/or internet for their IoT devices.
* App developers can easily install our SDK into their apps to earn revenue as opposed to serving ads and charging for subscriptions
* That way they can improve the overall user experience

**3. Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?**

**Micha Benoliel:**

We are starting on-chain services and revenues this year with large businesses 

This is just a start, Ethereum didn’t have to burn tokens to become attractive, they simply enabled use cases on their chain that increased usage and adoption 

Stay tuned for updates!

**4. IF THE BEAR MARKET COMES will your token PROBABLY DUMP? Do you have any plan to prepare for this bear market? How will you handle the panic sell?**

**Micha Benoliel:**

We are building a real ecosystem with a lot of use cases and services that are less  sensitive to the market conditions. I think if we enter a bear market, it is probably the best condition to deliver on the promise of the network and deliver value and services. We are in this for the long term. We have been through many bear and bull market times and cycles already so I am not concerned.

**5. As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project?**

**Micha Benoliel:**

Later today we will announce a strategic partnership with a digital collectible and NFT-focused trading ecosystem to enable secure in-person, networkless transactions and proximity trading.

Early investors include Blockchain.com Ventures, Blockchange, Blockhead, Bootstrap Labs, Marc Pincus (Zynga), Pierre Andurand, Greg Kidd, TRGC Capital, Coins Group, Moonwhale Ventures, Maxx Capital, Hillrise Capital, Dutch Crypto Investors (DCI).

Other partners include Acala, Republic, Ledger, Zondax, Tangem, Web3 Foundation (received a grant for public key infrastructure), 5G Open Innovation Lab, Berkeley Blockchain Xcelerator, Parallel Finance and Bifrost for our Crowdloan campaign, and ESTV, the eSports live streaming network, uses the Nodle SDK to replace ads and protect the privacy of their users. 

I’m thrilled to share that we have dozens of partnerships that will be announced very soon. 

In the pats years, Nodle has had OEM partnerships with HTC 1 and 1s Exodus phones (the 1st blockchain phones for HTC, both models were pre-installed with Nodle Cash), the City of Paris, and Cisco Meraki to support their access points; piloted with national railways, multiple consumer asset-tracking tag companies to track consumer assets such as keys and other items, a European insurtech company uses Nodle to track stolen vehicles; we’ve worked with telcos on pilots to expand IoT offerings and further monetize their networks and many others including Fortune 500 logistics companies and retailers to ensure there's real demand for the network, and we have an exciting year ahead!

**6. Have you been audited ? Have not heard you talk about that the security of funds is what every investor craves for and plans to escape incase of insecurity if funds, scams and rug pulls ? How strongly built are your security put in place?**

**Micha Benoliel:**

Pretty important point. We have been audited in the past and today we are working with Halborn Security to help secure  NODL token storage and improve security. We were also one of the first Substrate-based chains to partner with Zondax to have our own Ledger app. The app is pending release.

**7. What can we expect to see from your platform in the short-term (at some point in 2022?? And beyond (long-term goals)?**

**Micha Benoliel:**

Currently we are participating in Batch 2 of the Polkadot parachain auctions http://parachain.nodle.com and we’re confident in securing a slot

We need your help on this :-) , join the auction!

Outside of continuous Nodle Cash app updates, we plan to improve our rewards system, we expect our first on-chain services and revenues, and we will launch staking and an independent validator network. 

We are actually onboarding our first independent validator nodes on our test network as we speak. Every wallet user will be able to stake their Nodle Cash tokens. We’re targeting Q2 2022 for this

**8. Who is your project's biggest rival? In the future, does your project have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for your project.**

**Micha Benoliel:**

We released our white paper prior to Helium and they have been growing pretty fast

I consider them as our first competitor and potential partner too since many IoT devices use LoRaWan and Bluetooth

Our main difference and competitive advantage is that we are 100% software, so there’s no hardware to purchase 

In fact, we have many community members that are also Helium miners or used to be

# In the live questions sections, Micha Benoliel did answer several short questions from the Polka Warriors community.

**1. Have you been audited ? Have not heard you talk about that the security of funds is what every investor craves for and plans to escape incase of insecurity if funds,scams and rug pulls ? How strongly built are your security put in place?**

**Micha Benoliel:**

We have been audited several times already and we are working with an external well known firm that audits the security of the network and chain, you can check them: Halborn Security

We are also working closely with Ledger and Zondax, we have a Ledger app pending release to secure the holding of your Nodle Cash tokens on our web wallet.

**2. For a project development first of all main priority is having enough fund. Does your team financially capable to run this project?  Do you have enough funds for the development? Can you tell us how your project generates the profit?**

**Micha Benoliel:**

We raised multiple rounds and today we are a team of 50 people contributing to the project.  We have more than 3 years of runway. The first revenues on-chain are planned for this year.

**3. Most users are still not aware of Blockchain & its related projects ! So, How Your Project platform creates awareness about their project with NON-CRYPTO users too?**

**Micha Benoliel:**

We are lucky to have a mobile app, Nodle Cash, that you can download from the playstore or the appstore and that enables you to become a node in the network and to start generating Nodle Cash tokens. It is probably one of the easiest way to generate cryptocurrency today for soemone who is not familiar with crypto

**4. Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, do you have any technological solutions or plans to enhance user trust in these issues?**

**Micha Benoliel:**

We put privacy at the core of our values. If you saw some of our previous replies our team also made the app FireChat in the past that helped many students in Hong Kong. 

Our app doesn't ask for any personal information, you can stay anonymous on the network and participate and generate Nodle Cash Tokens. Try it out: nodel.cash 

On security we have regular audits and work with Halborn security and we are about to release our app for Ledger to help users secure their Nodle Cash holdings. 

On the business side of things we got a grant from the Web3 foundation for a public Key Infrastructure to secure IoT devices traffic and authenticate them

**5. What is the most ambitious goal of your project? What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? I would appreciate it if you could share with us any upcoming updates?**

**Micha Benoliel:**

We have a big vision. If you consider Ethereum to have become the first largest distributed computer.

Nodle is envisioning building a giant distributed network of smartphones. Imagine all the things that can be done with a smartphone that can't be done with a traditional computer.

That can give you an idea of the amplitude of this project

**6. What corner of the world do you plan to arrive? That is, to what extent in the world do you think your Project will be solving people's problems with their infrastructure?**

**Micha Benoliel:**

We have reached more than a 100 countries today with the app. Once the network reaches 300 Million smartphones globally, we would have built the largest distributed infrastructure out there and we should be able to solve many of the connectivity issues globally for IoT devices and sensors. 

And at some point we expect the protocol to be used to provide free access to people or at least provide enough revenues to smartphone users so they can pay their data plan with the Nodle Cash app revenues.

**7. According to the roadmap, what are your most important next priorities? Does your team have enough funds and a strong community to achieve those milestones?**

**Micha Benoliel:**

We have 3 years of runway and among the important milestones coming we have:

* The listing of the token
* Nodle Parachain
* Nodle independent network of validators
* On chain revenues
* Hypergrowth of the network by number of active nodes

**Follow Nodle Network:**

[Website](https://nodle.com/) | [Twitter](https://twitter.com/nodlenetwork) | [Telegram](https://t.me/nodlecommunity) | [GitHub](https://github.com/NodleCode) | [On DMC](https://dotmarketcap.com/coin/nodle-network/1)

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AMA#40 Recap || PolkaWarriors x Nodle Network

1/ Recently, InvArch Network has completed $1.75M seed round to fund cross-chain IP utility & authentication in the Polkadot ecosystem. This round was led by HuobiGlobal, Waterdrip, Illusionist Group, Alves Ventures, Paka Fund, & Kernel Ventures.

2/ Web3.0 unlocks many things in our life: borderless finance, collectibles, etc. It also raises a question about ideas & creation or Intellectual Properties, in this wild decentralized jungle. Introducing InvArch Network - a network handling your IPs, in a decentralized manner.

3/ Their ideas are to connect ideas & finance under one platform, to let innovations easily grow. Ideas will be tokenized by creators & their IP are protected in the same manner as NFT. This allows token to be leveraged in business & helps to deliver ideas/innovations.

4/ InvArch is offering a network protocol to bridge the gap & connect a world of thinkers, creators & finance under one ecosystem, using tokenization of ideas, fractionalizing ownership & providing secure, transparent ecosystem where ppl connect, collaborate & form partnerships.

5/ In other words, InvArch is the guardian of IP within the rise of Web3.0. Their 4 pieces products include IPFs (Intellectual Property Files), IP Sets, IPTs (IP Token) & IP Modules. This will be realized when InvArch is connected as a parachain on Polkadot Relay later in 2022.

6/ InvArch was founded by Dakota Barnett. You can take a look at their website: https://invarch.network or read their whitepaper to know more, several big names & exchanges already supported them like Huobi Capital and Gate.

7/ Follow them on Twitter (https://twitter.com/InvArchNetwork), Discord (https://discord.com/invite/invarch), and Telegram (https://t.me/InvArch) to learn more, know what they did or just hang out with the devs!

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InvArch Just Completed $1.75M Seed Round

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PolkaWarriors

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Tran Hong Sang (SMann)

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Martin .B

As one of the projects joining Kusama parachain auction, Kintsugi can be considered as a bright candidate for achieving a parachain slot. Aiming to bring trustless Bitcoin to the Kusama network, Kintsugi is receiving a lot of attention from the community. PolkaWarriors community is very happy to...

On Jan 14, Nodle Network and PolkaWarriors together organized an AMA with the community to introduce Nodle Network - an crowdsourced decentralized IoT network built on Polkadot.

“Nodle has created a global decentralized network of smartphones where every participant acts as a node in the network...

1/ Karura Network just announced their liquidity mining program with 350,000 $KAR in rewards.

The program started on Sep 28 and anyone can earn $KAR when staking $KSM for $LKSM, the yield-bearing liquid KSM staking derivative, or become an LP in the new LKSM/KSM pool.

2/ The liquidity mining...

3 names have appeared in the race.

Kilt Protocol

Calamari Network

Basilisk Finance

Who will be the winner? Cmt Down pointing backhand index

Tracking Right pointing backhand index https://dotmarketcap.com/auction

Moonbeam Network declared they would reallocate and redenominate the $GLMR token to prepare for “Take Flight” - a community token event planned for September 2021.

Similar to $DOT, the initial genesis supply of $GLMR has been redenominated from 10 million to 1 billion. Its tokenomics and...

The next winner of auction on Kusama is Subsocial!

Reaching the hard cap with more than 100K locked $KSM, Subsocial has proven the power of community support. Congrats Alex Siman & the whole team for this wonderful milestone!!
https://twitter.com/PolkaWarriors\_/status/1467442943355076608

After 20 days, we have got a great numbers here.

TVL in Batch 2 of KSM Parachain Auction has reached 1M $KSM.

The competition starts to get more heated & there are only 3 parachain slots left. Do u think we will see more records in the upcoming days? The best is yet to come.

Moonbeam Network just announced details of Take Flight: Min/Max Contribution, Price & Timeline for eligible participants of 3 rounds.

This is the 2nd big event after their canary network - Moonriver
's launching.

$MOVR & $GLMR are the most trending keywords on DotMarketCap

For more details...

1/Wanna try Genshiro's closed beta but missed the chance? Oops, join NOW to get access to their product

Follow https://twitter.com/PolkaWarriors\_ & https://twitter.com/GenshiroDeFi

Join http://t.me/PolkaWarriors_Global & http://t.me/genshiro_official

RT & tag 3 friends

10 random ppl will be...

Batch 2 of $KSM #Parachain #Auction is very intense, and projects are competing for the 6th slot.

Why don't we learn more about Centrifuge, Altair Network and their strategy? Meet @cassidydaly and ask her anything

Mark your calendars & get up to $500.

https://twitter...

Kiltprotocol is aiming to become a #parachain of #Kusama's next auction. They will spent 4.5 million KILT Coins as the rewards for ppl supporting their #auction bid.

Detailed guidelines will be revealed when the 2nd batch is announced. Pls keep calm & wait for their updates.

Check their full...

After the first two successful Kusama parachain auctions & the great performance of cutting-edge projects, the whole community is waiting for the next round of $KSM parachain auction.

Don't miss any of them, we have summarized its detailed schedule below.
https://twitter...

Parachains are coming closely on Polkadot. Many $DOT hodlers are unbonding their $DOT to prepare for upcoming crowdloans.

Let’s see how their contributions will be handled in crowdloans by checking this infographic!

1/ Recently, InvArch Network has completed $1.75M seed round to fund cross-chain IP utility & authentication in the Polkadot ecosystem. This round was led by HuobiGlobal, Waterdrip, Illusionist Group, Alves Ventures, Paka Fund, & Kernel Ventures.

2/ Web3.0 unlocks many things in our life...

PolkaWarriors - A non-profit & unofficial worldwide community of $DOT hodlers., we aims to promote and educating the community with our knowledge and skills

Which events you are waiting for in DOT ecosystem? KSM Auction? Moonbeam TakeFlight? Or Build Acala 2?

Next week will be an outstanding & extremely important milestone for KSM ecosystem & high-impact projects in the ecosystem.

Here are some of the most important ones.

1/ The date for Kusama...

Motion 331 to upgrade Statemine & enable permissionless asset creation has been passed by Kusama community and was deployed.

People now can create and mint assets on Statemine - The first common-good #parachain on Kusama by depositing 1 $KSM as collateral.

1/ To teleport KSM from Kusama relay...

The race for slot #4 has seen a fierce competition, which pushs the amount of needed $KSM over 80K

The gap between the leading candidates is quite close, so the TVL of $KSM may increase in the final days of the ending period.

1/ Currently, Phala Network is the leading candidate with more than...

On September 17, IntegriTEE - A Decentralized Platform for Trusted Execution participated in the AMA with PolkaWarriors to introduce their project.

Integritee is a system that unlocks the value of sensitive data by combining the trust of Polkadot/Kusama , the scalability of second-layer...

The community is paying great attention to NFTs, & the most difficult thing for users is choosing the best platform. Different from others NFT systems, $RMRK is following a diff route to store unique data. Let's find out what makes it unique & be the best minting destination.

RMRK is deployed on...

On Aug 03, Sam Zou and James Bayly joined PolkaWarriors AMA to introduce SubQuery - A data-as-a-service provider that aims to transform and Query the world’s data for Web3 future. During the AMA, their team has received a lot of interesting questions from the community.

SubQuery is a...

Director/Investor Partner at Illusionist Group | Founder DotMarketCap | Syndicator.vn |
Owner @PolkaWarriors & BinanciansVN