Posts Tagged "AMA Recap"

Dear Community,

Thanks to all for participating in our AMA with StrongNode. We really appreciate all your support. There were really good and thoughtful questions that were asked. For those who missed our AMA, this AMA recap is for you.

Introduction

CryptoNationIN – Hello community, today we are having another AMA of StrongNode.
Those who are participating in this AMA of StrongNode first time, please read the recap of the Previous AMA
CRYPTONATIONIN X STRONGNODE AMA RECAP (1st)

Daniel Saito – Hi everyone!

CryptoNationIN – Hello Daniel, delighted to have you again

Daniel Saito – Set off booby traps to enter this room, and got kicked out.. my bad.
glad to be back!
my second AMA on this channel!

CryptoNationIN – Yes, can’t wait to get into this

Daniel Saito – I enjoy this channel, for your hard hitting questions that matter..
Yes, can’t wait to get into this

CryptoNationIN – What’s good Daniel?

Daniel Saito – Its good!. We are a few days away from our IDO and busy as ever.
I have daily IV drips delivered to my doorsteps to keep going..

CryptoNationIN – Hope everything is alright

Daniel Saito – Oh yeah, its all good ! Its give you that extra edge to get vitamins directly.
Its actually a thing on Wallstreet.

CryptoNationIN – Okay, let’s start this AMA session with some introducto9 questions
Shall we?

Daniel Saito – Yup! It was Sept. 20th since I was last here and we have some great strides moving towards the eventual date of our IDO.

CryptoNationIN – Nice
For those who are seeing you here for the first time.
Please introduce yourself to them.

Daniel Saito – My name is Daniel Saito and I am the CEO and Co-founder of StrongNode. I started computing since age 8 and haven’t really stopped since. Worked in the industry upon becoming the legal age of 16. Worked in all aspects of computers from building them, fixing them, supporting them to selling them. I am self taught programming. Dropped out of college to work full time and got my foot in the door in the industry.
Since I was a college dropout, I had to work twice as hard to prove myself and over compensated in my drive to touch all aspect of infrastructure
I am an active entrepreneur; I have started 2 ISPs in both USA (dedicated to gaming) and Japan (consumer ISP). Launched two 🚀 and deployed 2 satellites 🛰 into space for a News Corp venture in Japan, all before the age 27. I have rode each technology revolution from the Personal Computer debut, the start of the internet, Web 1.0, Web 2.0, mobile, social and now Crypto/blockchain.
I wrote and designed the 4G specification around how to interface with the Security Enclave (TPM) in all current day mobile phones. And of course my billion dollar exit with MySQL to Sun Microsystems, only to sell again for $7.5B to Oracle Corp.

CryptoNationIN – Could you please introduce StrongNode to our community?
(again)

Daniel Saito – StrongNode (http://strongnode.io/) is an Infrastructure-as-a-Service technology company and innovation lab. We harness the power of latent and idle compute like the CPU/GPU cycles, network, and storage of the everyday common man/woman. In return, you get paid in StrongNode tokens [$SNE] when you lend your network and compute resources.
What is the mission and vision of Strongnode? We are on a mission to power companies globally through the next generation of edge networking by uniquely harvesting a trifecta of idle compute resources and leveraging new blockchain technologies. We wanted to address the last mile, which is the EDGE and build a global edge network through access and monetization of idle resources.
When we first started the thought of StrongNode, we looked outside to see what we can do to help solve some of the worlds problems. Last year wasn’t any joke and now we have a pandemic on our hands. We went to our clientele and saw what keeps them up at night. We noticed that the cost of computing has gone up, these cloud providers have a foothold on us and they know it. With that said, we had to come up with a solution or an alternative and looking inwards of what is available we noticed that we already had the blueprint already in front of us in the form of Open Source.
Bitcoin’s increasing energy consumption has triggered a passionate debate about the sustainability of the digital currency. We want to introduce the idea of GREEN MINING. As StrongNode tries to tackle Green Mining, we want to make “Computing for a Purpose” a reality. Due to the recent times with the pandemic people have been shuttered in their homes, this was no different for us as well. Here we take a stand and try to solve the world’s problem one problem at a time! Made with ❤️ for the NEW Normal!

CryptoNationIN – Awesome!
Please tell us about the tokenomics of StrongNode token $SNE.

Daniel Saito – The $SNE token has several different features and value in our ecosystem that have been pulled together from years of experience from our team and our advisors. More news on this will come out as we get closer to launch, but we are incentivizing token holders to hold along with us. SEED and PRIVATE INVESTORS are locked up for 6 months. All employees and advisors of StrongNode are locked up for 4 years.
2% of the $SNE token supply will be sold for the $300K raise (200M tokens will go into circulation at $0.0015).

CryptoNationIN – Could you please tell us about the partners of StrongNode?

Daniel Saito – As for partnerships, business development has been going on overdrive. Our team has been closing deals left, right, and center. As our IDO date comes closer, we have made our partnership with Starter.xyz and BullPerks.com who will help us launch the $SNE token to the world. We are partnering with the folks at QUICKSWAP as they will be our liquidity provider and utilize their farms with StrongNode. Recently, our partnership with Xfinite was announced on NewsBTC – So everyone can expect a lot more announcements from StrongNode after our IDO.

CryptoNationIN – Importantly
Please share some details on the upcoming StrongNode IDO. When is the IDO? How can one participate in it?

Daniel Saito – Yes, our IDO is happening very soon. We are so hyped up!
Our $SNE Token Sale will roll out on 2 launchpads. The IDO is happening on the 6th of October 2021, 15:00 p.m. UTC/11:00 a.m. EST on Starter.xyz and BullPerks.com.
For BullPerks, details on how to join will be available later. For the StrongNode IDO on Starter, here’s how to participate: https://starterxyz.medium.com/guide-how-to-take-part-in-the-strongnode-edge-ido-on-starter-c09233aa3d70.
The KYC process for the StrongNode IDO on Starter starts 30 Sept via Blockpass, please click this link: https://verify-with.blockpass.org/?clientId=strongnode_starterxyz_8bab9&serviceName=StrongNode%20on%20Starter.xyz&env=prod
Save the date: October 6 for the StrongNode IDO. We hope to see you there!

CryptoNationIN – Best wishes for the IDO 🤞

Daniel Saito – thank you!
Can I ask you a quick question?

CryptoNationIN – Sure, please

Daniel Saito – How many digital devices do you own?

CryptoNationIN – 3 I can say

Daniel Saito – Do you use them all?

CryptoNationIN – Of course

Daniel Saito – All at the same time, that is impressive.

CryptoNationIN – No
Not at the same time
And absolutely can’t

Daniel Saito – right, so some of those digital devices would be idle when not used as a primary device.
but those devices that sit there charging has idle resources that could be used to compute for change. and get paid for it.
yeah physically impossible unless you are margin trading with 150x leverage and looking at tradingview in realtime.

CryptoNationIN – That would be advantageous
Undoubtedly

Daniel Saito – That’s the solution we would like to present to the world.
Computing for a purpose. When you are NOT using your digital devices, it can be used to process BIG DATA problems sets (COVID, Climate change, etc.).

CryptoNationIN – My question is, is it possible to use any device (e.g. smartwatch) for computing?

Daniel Saito – Hmm not immediately. But that is the dream.
Immediately we will target x86 PCs and MACs and PCs running linux.
Then end up in your mobile phone IOS/Android
and eventually on to your TV.
But all Compute is not equal and there will be CPUs won’t be compatible or have enough processing power to communicate.
Afterall, we don’t want to drain the power of your smartwatch. (smart watch is really hard to design) I worked with the folks at fitbit what they do is amazing.

CryptoNationIN – We can call it an objective. Can’t we?

Daniel Saito – smartwatch is difficult tho will admit to that.
worked with the fitbit data teams and what they do is amazing.

Twitter Questions

Q1. Talking about $SNE tokenomics, the total supply of $SNE is 10 billion & from that you have allocated 2.1 billion of $SNE tokens for sale. So What about the remaining 7.9 billion tokens? On Which purpose will the remaining 7.9 billion of $SNE tokens be used for?
Daniel Saito – The 7.9 Billion tokens are released in a linear fashion, to help finance development and marketing activities. As for the team allocation and advisory they are locked up for 4 years vesting schedule.
Investors that came into the SEED/PRIVATE round all get vesting privileges at DAY 1 of IDO. But they only have access to 10% of liquidity

Q2. On your website there is a section that talks about discounts generated by retaining the native token, how are these discounts generated? what is the discount percentage? In which products can we apply this discount?
Daniel Saito – Hmm I believe there is a miscommunication here. I think what the question is inferring is that having ownership on the $SNE token how can one take advantage of this an take part in future offerings from our INNOVATION Labs.
This is an upcoming feature that we are currently working on, and providing LP configuration will either emit the token as rewards or allows you entry into the IDOs PRIVATE sale.

Q3. You say that StrongNode creates several economies of scale that benefit all types of users and platforms that access the StrongNodeEdge network, but really what are these different economies that can be created with StrongNode?
Daniel Saito – We we like the concept of democratizing your computer, commoditizing your computer resources. When you do that, we allow for people with just a smartphone or an outdated PC to still contribute something rather than nothing. Keeping the adoption curve low, for people to participate is key for us. We believe in many people in different demographics to engage with this solution and helps them in some way.
We hope to crack the digital divide issue and ewaste issue at the same time.
I think those are problems worth solving in any economy of scale.

Q4. Do you have plans to burn your tokens in the future to reduce the supply of tokens and increase their investment attractiveness? Could you introduce yourself to the community and tell us about your background?
Daniel Saito – Well I slightly talked about this earlier. We want to see token distribution. We have 10 billion tokens that will eventually go into circulation. We want to achieve maximum adoption and coverage in the several wallets. To me a wallet address is a node. A wallet address is a user. We want to achive maximum scale and get the distribution necessary. It would be premature to say we are BURNING XX% without it getting the distribution it requires. I am not taking burning of tokens off the table, but its to early to think about it, since usually token manipulation like that is the race to the bottom, with a lot less tokens in circulation.. (which is not a good look to have).

Q5. Nearly 80% of investors only focus on short-term token price instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your tokens in the long term?
Daniel Saito – For that long-term benefit, we want to be able to distribute $SNE token to as many wallets as possible. We want to utilize the idle and untapped compute resources. We want to make “Computing for a Purpose” a reality.
You get paid $SNE tokens when you lend your network and compute resources. And others will get to run workloads, processed in chunks, on your idle resources. It’s a symbiotic relationship within our ecosystem. The users are incentivized to HODL as long as they feel that they are comfortable with our product offering. We believe in the long term value of growth for our investors and our network. The longer that they keep HODL(ing) our coin in their wallet and use the AMM farms / LP pools we will have with QUICK, they can benefit.

Telegram Questions

Q1. What is the best way to follow all your upcoming news and updates? Can you share with all your social media links? What are your plans in coming Future?
Daniel Saito – 🥮 https://strongnode.io
🗯 https://t.me/strongnodechat
🗣 https://t.me/strongnode
📚 https://twitter.com/StrongNodeEdge
🎟 https://discord.gg/Gk2ka3NCR6
📚 https://medium.com/@strongnode

Q2. A lot of projects disappear in these difficult market conditions. How can you ensure the sustainability of your token what is the receipt of success?
Daniel Saito – We have the best in planning and budgeting. Difficult markets are hard, we have gone to the extent to DOXX ourselves to prove our seriousness and take the extra steps to insure that the retail investor is comfortable with their investment. Of course we recommend with all investments, Do your own research and invest responsibly.

Q3. Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Daniel Saito – Yes, we want to reduce the barrier of entry for anyone to participate. If you have idle digital devices that are connected to the Internet. We want those devices. We are reinventing the UI/UX process for beginners, but we also have advance modes for devs and degens alike.

Q4. Is your Project a local and a global project. How many People do you have for non english user? Can anyone uses your services from anywhere in the world. Is there are any restrictions of using your service?
Daniel Saito – This is a global project, naturally as we strive to build the largest super computer in the world. To help tackle some of the largest computing DATASETs that puzzle our daily lives.

Q5. Please provide more information on your ROADMAP. What are the most anticipated plans and events for the next few days and months that we should be aware of?
Daniel Saito – Our first release is with StrongNodeID as it gets flushed out. We will then launch StrongNode binaries as a traytable app for Windows/Linux/MacOs and we allow VPN end points as well as sending big data map/reduce from the web interface down to nodes. This is expected within the first 12 months after we do the drop. And in addition, speaking of weeks away, high APY farming will be rolled out very close after TGE. There’s a lot in between our current roadmap which we will be adding soon to give full transparency.

Q6. As a truly open decentralised Asset management platform, what are your goals and motivations to increase personal privacy, security, and the decentralization and sharing of power for the vast majority of users?
Daniel Saito – We have designed the system with security in mind. We have past experience in designing tech that can act in a secure matter. We plan on adapting the same approach to this as a product.

Q7. Can you give me the 3 best characteristics to convince me and other investors to invest in your project for a long time?
Daniel Saito – Sustainability
Universal Base Income
Low barrier of Entry for Adoption.
Sustainability we want to reenforce the idea of GREEN MINING and the sustainability behind it.
Universal base income, we want to take what you already have which are resources, and better spend those resources that can benefit the owner to offset daily cost in their lives.
Low Barrier of entry for adoption, we want it to be stupid easy to join. IF anything we want your compute resources, not crypto – this app is for people that want to compute for a purpose and passively make income.

Thank you Daniel Saito (CEO & Co-Founder) and Community for participating in the AMA. Have a nice day.

Dear Community,

Thanks to all for participating in our AMA with StrongNode. We really appreciate all your support. There were really good and thoughtful questions that were asked. For those who missed our AMA, this AMA recap is for you.

Introduction

CryptoNationIN – Hello Daniel, we welcome you to CRYPTO^^NATION community 🎉

Daniel Saito – Hi everyone, thank you for having me today. It is a sure pleasure to speak to everyone here at CRYPTO NATION!
Broadcasting live from Shibuya, Japan!

CryptoNationIN – Sounds awesome
How are you doing Daniel?

Daniel Saito – Doing well, enjoying the day off today. So got some other stuff done that doesn’t evolve crypto.
We finished our financing of our project a week ago, and now oversubscribed – good problem to have.

CryptoNationIN – Let’s get into this AMA session.
Daniel, please introduce yourself to us.

Daniel Saito – Hello. I am Daniel Saito and I am the CEO and Co-founder of StrongNode. I started computing since age 8 and haven’t really stopped since. Active entrepreneur, started 2 ISPs in both USA and Japan. Launched 🚀 2 satellites 📡 into space for News Corp. I have been in technology for as long as I can remember.
StrongNode is an Infrastructure-as-a-Service technology company and innovation lab. We harness the power of latent and idle compute like the CPU/GPU cycles, network, and storage of the everyday common man/woman. In return, you get paid in StrongNode tokens [$SNE] when you lend your network and compute resources. StrongNode was the name picked out by our amazing marketing team.
The mission and vision of Strongnode? We are on a mission to power companies globally through the next generation of edge networking by uniquely harvesting a trifecta of idle compute resources and leveraging new blockchain technologies. We wanted to address the last mile, which is the EDGE and build a global edge network. Right now, we are planning to have a successful IDO on https://starter.xyz at the end of this month. We have several partnerships planned in the pipeline. Ultimately, we are building a global edge network through access and monetization of idle resources.

CryptoNationIN – Interesting 💥

Daniel Saito – Yeah we are doing some interesting thing here
One more note on the team:
The StrongNode core executive team consists of 12 equally passionate and dedicated people with years of expertise working with some of the biggest names in various industries, with dozens more members working day in and day out that makes up the rest of the StrongNode team.
The StrongNode core executive team consists of 12 equally passionate and dedicated people with years of expertise working with some of the biggest names in various industries, with dozens more members working day in and day out that makes up the rest of the StrongNode team.
We have recent hires that have been the former EVP at Electronic Arts who will oversee Marketing activities and a CFO who is a Harvard / Wharton Grad who worked as an auditor for a leading fortune 500 firm. So, I built an ALLSTAR team of technologists and marketers and finance operatives.

CryptoNationIN – Impressive!
Please tell us about the tokenomics of StrongNode token $SNE.

Daniel Saito –
The $SNE token has several different features and value in our ecosystem that have been pulled together from years of experience from our team and our advisors. More news on this will come out as we get closer to launch, but we are incentivizing token holders to hold along with us. SEED and PRIVATE INVESTORS are locked up for 6 months.
All employees and advisors of StrongNode are locked up for 4 years.

CryptoNationIN – Token metrics seems strong

Daniel Saito – Thanks, we designed it that way on purpose. We wanted supply shock right out of the gate, as only the SEED/PRIVATE investors only get to unlock 10% of their investment at IDO. With that said, we placed alot of emphasis on marketing in developing countries and have a 100 day 15 point plan for each day. Its pretty crazy what the marketing came up with, now they have me doing 2-3 AMAs a day. As communicating to the Crypto community is necessary to grow our community. So remember folks if you haven’t done so already, join our telegram chat https://t.me/strongnodechat

CryptoNationIN – Please tell us about the roadmap of StrongNode.

Daniel Saito – Our first release is this week with StrongNodeID as it gets flushed out. We will then launch StrongNode binaries as a traytable app for Windows/Linux/MacOs and we allow VPN end points as well as sending big data map/reduce from the web interface down to nodes. This is expected within the first 12 months after we do the drop. And in addition, speaking of weeks away, high APY farming will be rolled out very close after TGE. There’s a lot in between our current roadmap which we will be adding soon to give full transparency.

CryptoNationIN – Could you please tell us about the partners of StrongNode?

Daniel Saito – There is alot going on behind the scenes. You can find out more about our future partnerships here: https://medium.com/strongnode
We have a partnership with starter.xyz (https://starter.xyz/) and BullPerks (https://bullperks.com/) to launch StrongNode in the whole crypto ecosystem. Our recent partnership with Xfinite was annouced on NewsBTC (https://www.newsbtc.com/press-releases/xfinite-join-hands-with-leading-software-venture-strongnode-io/) and LP partners with $QUICK (https://quickswap.exchange/) since we will be in the Polygon ecosystem. We have a 100 DAY marketing plan which is constantly being iterated and added to each day.

Twitter Questions

Q1. Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Daniel Saito – Don’t want to expand on announcing partnerships all at. one go, rather save it for post IDO
There is alot going on behind the scenes. You can find out more about our future partnerships here: https://medium.com/strongnode
We have a partnership with starter.xyz (https://starter.xyz/) and BullPerks (https://bullperks.com/) to launch StrongNode in the whole crypto ecosystem. Our recent partnership with Xfinite was announced on NewsBTC (https://www.newsbtc.com/press-releases/xfinite-join-hands-with-leading-software-venture-strongnode-io/) and LP partners with $QUICK (https://quickswap.exchange/) since we will be in the Polygon ecosystem. We have a 100 DAY marketing plan which is constantly being iterated and added to each day.

Q2. What are the future investment prospects of the project? and Where is the best places to buy your tokens? Is it too late now for us to buy? What benefits I get for buying and hodling $SNE tokens for long term?
Daniel Saito – We see StrongNode as two products there is StrongNode as an APP and StrongNode as a token $SNE.. We found a problem and created a solution behind it. When COVID broke out genetic sequencing labs were backed up in sequencing and processing lab results for various strains. They were also backed up in computing workflows. We worked with them to create a solution around this and henceforth here we are weeks away from an IDO. They can use our $SNE token off load their compute workloads off of centralized solutions and process on the EDGE. The folks that want to harvest and mine these datablocks and receive $SNE just need to participate and give their resources, and passively make income.

Q3. Tell us a little about the role of $SNE tokens and project within the entire ecosystem. Will it act as a simple payment currency on all your products? Or will its holders have some sort of benefit or vote in the project decisions?
Daniel Saito – The $SNE token has several different features and value in our ecosystem. The StrongNode token has so many use cases within the StrongNode ecosystem which includes our innovation lab projects focused on gaming, social impact, entertainment, lifestyle platforms building on the StrongNode Edge technology. You get paid for your idle resources. And others get to run workloads, processed in chunks, on your idle resources. In return, you get paid in StrongNode tokens [$SNE] when you lend your network and compute resources. There are more mechanics yet to be announced that will enhance the appeal of token adoption.

Q4. They said, alot of new projects have a lack of liquidity, especially on their early days, resulting in extreme volatility & price impact of the token. So as a fresh Platform too, what’s your Crypto solutions for this & what makes your Farm Platform different & unique from others?
Daniel Saito – They do say that alot. Well we also saw that happen. We were there in the “early days” how ever long that may have been.. We still have extreme volatility and price impact. But this is not only because of liquidity it is because of various factors.

1. Proper market making support from our market making vendor will help from SEVERE price action. No “Darth Maul Candle action”.
2. There is very limited supply that is going into circulation from DAY 1. There is only about $170K of funds from our INVESTOR side coming into circulation, but they also show no interest in selling. All staff are locked up. We will be providing liquidity as well, so we do expect some green candles, here and there. (not financial advice)
3. We will be offering staking to lock up your tokens as well, additionally when the StrongNode app comes online, you can also stake your uptime.

Q5. DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinion about DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is “StrongNode’ approach towards the DeFi sector?
Daniel Saito – When Nobel Prize winner Muhammad Yunus and Grameen Bank introduced the world of micro-loans “grant poor people small loans on easy terms” back in 1983. It revolutionized developing nations and help people get banked. It brought several millions of people out of poverity. Come present day 2021, post-COVID; DEFI has become the mainstay rage, and help fueling new ideas but at a digital level and on blockchain. We have come a long way on how to stretch and fold a dollar, we even learned how to program it in a form of a smart contract… What a world we live and we are just getting started.
We have everything in the pipeline to address, MUSIC, GAMING, NFTs and DEFI. One component how we handle this at a token level is of course the proper auditing and compliant (everyone is KYC’d). Additionally the reflect code that we have in our smart contract taxes a small amount of that will go into a SAFU fund in event of a catastrophic economic hack in our DEFI platform. As for the DEFI components we we will open up staking and AMM farming. All developed on custom code and all code will be audited. We will have liquidity pooling with the folks at QUICKSWAP. Basically, we took all the best of breed implementation and put it under one platform.

Telegram Questions

Q1. Many projects have done FRAUD Why should I trust you? Did you pass the AUDIT?
Daniel Saito – We are actually in the process of auditing our Smart Contracts, we hope to have it in time for the IDO. Security is the up most importance for me, it keeps me up at night. As a former crypto security researcher at NTT DoCoMo (https://www.nttdocomo.co.jp/english/binary/pdf/corporate/technology/rd/technical_journal/bn/vol7_2/vol7_2_025en.pdf) R&D (https://www.nttdocomo.co.jp/english/binary/pdf/corporate/technology/rd/technical_journal/bn/vol7_2/vol7_2_025en.pdf), I made sure we uphold the tightest security considerations and play out all possible attack vectors. But that alone is not enough, we will also lean on 3rd party auditors at a source code level for our software too, because our product is our USERS (well the Users PCs).

Q2. Why is StrongNode better? How easy is it to use StrongNode? What high points underlie this innovation of StrongNode?
Daniel Saito – We are a firm believer that the community builds product. Community drives product development. When running an open source project, the value is derived on the community involvement and it is up to the community to dictate that it is a success. Here at StrongNode, this is where the cross roads of Innovation cross with Community in helping us build a sustainable edge network. We learned the value of community as we are the TENETS of OPEN SOURCE (https://youtu.be/SpeDK1TPbew) with our experience in launching Linux at RedHat and databases at MySQL. We have plans to utilize open source yet build a payments layer to it by solving the OPEN SOURCE funding problem. (see video).

Q3. Can you tell me what StrongNode did and what it intends to do to achieve our real-world social goals?
Daniel Saito – We are just getting started.
Well what birthed this idea was something that unraveled over time. When myself and Colin worked at MySQL we were consulting with [numerous] Web 2.0 companies optimizing the performance of their MySQL queries and tweaking their implementation architecture so it scales with effective transactions per second, we started to notice a need out in large scale enterprises all the way to small-medium businesses that they had a requirement to scale out their data and processing capabilities, hence the *cloud infrastructure* race (AWS, GCP, MSFT).
So as we got together after consuming inhuman levels of chicken and beers, we started to work on solving the scalability issue. We wanted to address the last mile, which is the EDGE. Its the consumers’ latent resources from your PC/MAC/LINUX [environment] (CPU, bandwidth, storage) and use it for a batch processing cluster using the map/reduce method of sorting jobs and processing it with a token economic incentive to participate both as a broadcaster and a receiver.
With new products like StrongNodeID, which handles users and access to access nodes which can help get paid for the utilization of idle resources (keeping in mind, we have plenty of idle CPU and bandwidth in most situations and a lot more devices now with the IoT revolution). And of course, other things run on top of the platform, which also helps.
Using latent resources for heavy compute tasks is one big use case for the technology which is amazing in itself. So many other use cases are planned as we scale out our node network with the launch of our innovation lab and all the fun platforms we have planned out to use the StrongNode technology — great benefits come with moving with us to the EDGE!
Well there will be a lot of things, when we open up staking we expect a significant amount of folks participating by hosting their computing resources on the network. Additionally, we will be onboarding partners who have jobs to process and will buy tokens in a non-crypto way to access the network. There will be AMM farming as well as other partnership through our incubation lab.
The platforms we are launching are social impact, gaming, entertainment, lifestyle B2C companies that will be symbiotically powering and being powered by our global edge network. There will be a lot to get excited about this year!
So some of our projects that we have incubating is the Original Gamer Life or OGLife, a gaming community targeted for 40+ audience, which will take advantage of the StrongNode infrastructure with providing game servers at the edge. Gaming at the Edge.
Enterprises and academia are some of our main users since they usually have the big data jobs that require analysis. AI, map/reduce, be it for covid analysis or even clickstream analysis. We also expect end users for the VPN portion, where you have an exit node on a residential non-commercial IP. Enterprise data sets are ideal for map/reduce from AI, Covid analysis to ad clickstream data. We want to attract SMB to large enterprises to tap into the network.

Q4. What are your plans for listing in CEX and DEX?? Where can we buy for now?
Daniel Saito – We are in talks with various CEX and DEX. As we will live on the POLYGON (MATIC) chain we are working within that ecosystem’s DEX. Additionally as for CEX, we are talking to both TIER-1 listing and TIER-2 listing.. It is easier for us, as we were compliant since DAY 1 and KYC’d all our enterprise customer (who are now our investors) so we can qualify for these exclusive TIER 1 CEX.. But I don’t want to immediately list on CEX, as I believe I want to be able to get a better coin distribution and try to get it into as many wallets I can. Since that gives longevity for the token as a whole.

Q5. Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
Daniel Saito – Yes, we started marketing in developing countries, so they can get in early and participate in passive income generation from their latent resources. So we will support ENGLISH only at the beginning and scale out to other languages based on our traffic data analysis of user downloads (by location) and translate it to those user specific languages.

Q6. 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?
Daniel Saito – We know that. So we took a different approach, we took time to understand the world as we live in today, and found where we can proactively make a change and also build a business around it. In doing so, we sold our SEED/PRIVATE rounds to our enterprise end customers (whether they be genome sequencing labs to machine learning AI startups) these enterprise customers have the need for low cost computing power. We worked with them to optimize their workflows to use our tokenized compute resources. So these investors will act as our ENTERPRISE SEED NODE NETWORK, which will provide the BIG DATA problems that are hungry for your idle processing power.

Q7. What are the plans to educate and raise awareness and adoption among the community to make more people understand about StrongNode easily (even for beginners)?
Daniel Saito – Default setting is set for beginners, there is the über nerd / developer mode where you can tweak it, as well. But the intial build will be catered for beginners.. It will be simple, register at StrongNode User Registration and download the binaries, pair your wallet with the devices how you would pair spotify with your TV. Then you are done, all you have to do is just sit back and watch Netflix and chill at home (after you wash your hands).

Q8. Where can I purchase it? And also all the links to all your social media platforms if possible?
Daniel Saito – You can purchase the StrongNode token at our IDO which will be hosted at starter.xyz and bullperks.com in a few weeks. But you can be kept posted on all the details at the following links:
🥮 https://strongnode.io
🗯 https://t.me/strongnodechat
🗣 https://t.me/strongnode
📚 https://twitter.com/StrongNodeEdge
🎟 https://discord.gg/Gk2ka3NCR6
📚 https://medium.com/@strongnode

Q9. Does StrongNode support any betting or mining schemes? if yes, what are the requirements?
Daniel Saito – We want to introduce a new trend of GREEN MINING. Where normal usage of your common digital devices can be harvested when your computer is in a idle state. Instead of the usual approach of using high powered miners to farm ETH or BTC, as there is a dark side to it all:

• Bitcoin’s annual e-waste generation adds up to 30.7 metric kilotons as of May 2021.
• This level is comparable to the small IT equipment waste produced by a country such as the Netherlands.
• On average Bitcoin generates 272 g of e-waste per transaction processed on the blockchain.
• Bitcoin could produce up to 64.4 metric kilotons of e-waste at peak Bitcoin price levels seen in early 2021.
• The soaring demand for mining hardware may disrupt global semiconductor supply chains.

Sustainability is the long term goal for anything in these modern times. If the business cannot ensure sustainability, it will draw scrutiny and hopefully we can help change that narrative over time as being thought leaders in this field.

Q10. Lots of investors hit and run during the sale and sell session after listing on the first exchange, WHAT DO StrongNode say about this? How does StrongNode stop early investors from selling tokens?
Daniel Saito –
All investors are locked up for 6 MONTHS, they have access to 10% of their investment at IDO day. So NO you are not going to see another repeat of $ICP.

Q11. I am a professional web vulnerability finder. Do you think your project system is safe enough from hackers? Do you have a reward program for identifying system vulnerabilities?
Daniel Saito – Yes we are in talks with HackerOne, the CEO is a friend and former boss (MySQL). We will have a bounty program via HackerOne and we also have a bounty programme as well that we will be doing in tandem.

Q12. How important is the community to you? and how can we collaborate or help you for the development of the project?
Daniel Saito – Yes! This is how we have been doing it for the past 20 years. From working on the world famous database MySQL. We learned from our business that our community is valuable, it probably contributed to our price tag of $1 Billion dollar exit. But yes, we will also take code contributions as we want to solve the Open Source developer funding problem.

Q13. what will be the total costs for setting up the entire node system for the business? What is the efficiency rate of your project? Are audits done and approved?
Daniel Saito – Thanks, I am a firm believer in the $20 PC. We want it to be able to work on a Raspberry Pi all the way down to your SmartTV running android TV or AppleTV..

Q14. BSC is really in trending now because it has low gas fee and high transaction speed. Have you any plan to move on BSC?
Daniel Saito – No, we will probably address it last as the security implications are horrendous. We thought to do so, but not a real priority for us, as gas prices are increasing on BSC, and our solution is very transaction heavy.. Our next stop is SOLANA..

Thank you Daniel Saito (CEO & Co-Founder) and Community for participating in the AMA. Have a nice day.