AMA, AMA recap
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February 21, 2021
1

CRYPTONATIONIN X SHUTTLEONE AMA RECAP

Dear Community,

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

Introduction!

Manpreet – Hello @Zhuangg535 welcome to CryptoNationIN 😃

Zhuang – hello! good evening! thank you for having me! it is a pleasure to be here

Manpreet –  Glad to have you here today for the AMA 🥳

Zhuang – thank you =) hope u guys will like the project we built

Manpreet – Community will like it surely 😉

Zhuang – haha lets do this!

Manpreet – Before we start, could you please tell a brief description of yourself to the community.

Zhuang – happy to! For starters, I am Zhuang, I am the founder and CEO at ShuttleOne. Personally, I am a ex investment banker dealing in structured products and quantitative finance before I became an entrepreneur in the agriculture industry. Yes, I became a farmer. You folks can read more about my story here: (https://www.asiaone.com/betting-farm-1). After successfully exiting from the farming business sometime in 2017, I begun to transit to be involved in the crypto space by way of mining Ethereum. It was funny as I read about bitcoin in 2011 and I thought at that time I was late, nonetheless I got started in mining eth and built one of Singapore’s largest mining facilities. More of the story here: (https://www.straitstimes.com/business/companies-markets/from-farming-veggies-to-mining-digital-currencies).

Manpreet – That’s magnificent👌

Zhuang – thank you! from real farming to virtual farming these days

Manpreet – Nice transformation. Now, please tell the community about ShuttleOne.

Zhuang – ShuttleOne is a defi company and we are based in Singapore. We offer trade financing and microloans using the blockchain by tokenizing real world assets. We are probably one of the few crypto companies in the Defi space that applies the blockchain and crypto for real world problems in this case the financial services industry. We support Government to Business companies around the region by lending stablecoins out to these merchants who needs loans and borrowing. As a team, we were involved in crypto for a long time, and my whole team are entrepreneurs. They were the first licensed playstation and xbox developers outside of US and Japan. We decided we want to build a company with a real product, revenue generating income to support a token and the financial services industry. technically, ShuttleOne is a Defi for the real world project….. the supply of stablecoins is lent out via the blockchain and pays our liquidity suppliers 10% APY on their stablecoins alongside SZO the ShuttleOne token

Manpreet – Thanks for the introduction, it seems very interesting.

Zhuang – thank you… we’ve been around for sometime haha

Twitter Questions

Q1. Pls, would like you to briefly explain the target clients/users of ShuttleOne & the advantages they would enjoy, as many would be having a difficult time trying to understand what it’s all about & possibly how you plan on reaching them?

Zhuang – That was a challenge to understand what we are building. Essentially for ShuttleOne we are a demand (lending) and supply (savings) platform. On one end stablecoins that users supply will be lent out to credible borrowers at an interest rate. And we automate the whole lending process in trade financing and credit disbursement. The advantages to these merchants borrowing our speed of lending is 10x faster than banks (banks take 14 days, we take 30mins). And everything is open and transparent on the Ethereum blockchain. Take this loan for example

🔥Watch $SZO Burnnnn🔥

Trade Financing disbursed by the ShuttleOne Network for US$75,000.00 in support of an Amazon Ecommerce Trader selling to North America!

This is one of the largest loan that we did just 2 weeks ago and it’s all transparent for all to see. For users Investors who deposit stablecoins they get 10% APY on their stablecoins And the SZO ShuttleOne token.

Q2. As far as I know Shuttle One will be listed on DODO exchange, Why did you choose DODO exchange as the first exchange to list SZO? Are you planning to list larger exchanges like Binance or Houbi?

Zhuang – Very good question. When we started to speak with dodo in December. We thought to ourselves if that was the right exchange to go on. The first thing that came to our mind was dodo wasn’t that famous in Dec. But it was also a Binance invested company. We call them the Uniswap of China internally haha. Essentially it was a good choice now that we are listing on the 22nd. As they just got listed on Binance and there’s a huge awareness of dodo exchange. Also in terms of tech they are pretty innovative. Their PMM technology is an innovation from AMM. That’s because it protects the investor from impermanent losses. And SZO is the first IDO on v2 of their exchange. So we think that the Chinese community will see strong support and for these reasons we chose to list on dodo. (And of course there r less bots there compared to uniswap) haha.

Q3. ShuttleOne, as the issuer of the $ SZO token, is currently in the process of applying for a license in the Republic of Singapore. Exactly what will this license allow you to do within the Singapore market? When do you expect to have this process resolved?

Zhuang – Singapore has started to regulate crypto. This is called the 2019 Payments Act. Where there’s specific laws for crypto companies operating in singapore. It will allow ShuttleOne within the framework of the law to deal in crypto assets. U can read more about this in our github (www.github.com/shuttle-one). We expect to get the full licensing approved this year. As The Central bank had already been notified of our business and intentions.

Q4. The ecosystem use 3 types of ASSETS, the RAT, the CAT And SZO, so can you explain the role of each one?

Zhuang – Both RAT and CAT are what we call enterprise tokens. These are tokens used by the companies that are borrowing from the ShuttleOne.network. RAT stands for Risk assessment token. It is an NFT that basically all the information of the asset, borrower, company and details of KYC is hashed into the NFT. The value of the real world asset (for example a cargo) is represented as CAT – credit assessment token. This brings representation to the value of asset on chain with CAT. SZO is the utility token of the ShuttleOne.network. On the borrower side, users pay in SZO when they apply for loans. And the liquidty suppliers benefit by farming SZO as the supply is burnt in what we call a continuous burning model. Like this loan for example
🔥Watch $SZO Burnnnn🔥

Trade Financing disbursed by the ShuttleOne Network for US$11,213.00 in support of an Events Company importing cargo from China!

SZO is burnt upon successful loan disbursement. So that’s how all 3 tokens work together to provide seamless and efficient financial services in the blockchain.

Telegram Questions

Q5. Why almost 50% of the total supply of Shuttle one is not minted yet? How do you guarantee the security of that funds without locking report?

Zhuang – 

Just like BTC, not all of BTC’s tokens are minted. In fact there can only be 21mil BTC but only 18mil+ of BTC has been minted.

SZO follows the same theory, SZO is minted only when all the current SZO has been utilized in the business or farmed via liquidity supply….so therefore, our circulating supply can be low, just like BTC 10 years ago…..

for the rest of SZO that has been minted, if you go to our smart contracts you will see that these tokens for the team, equity investors has all been locked up… (https://etherscan.io/token/0x6086b52cab4522b4b0e8af9c3b2c5b8994c36ba6#balances) these can be found here…

Q6. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Zhuang – If anyone looks at our smart contract: (https://etherscan.io/token/0x6086b52cab4522b4b0e8af9c3b2c5b8994c36ba6). You are able to see the burning of SZO happening on a almost daily basis as loans are approved in a decentralized manner on the ShuttleOne.Network. so the ShuttleOne token SZO has already been burning as we have a real product supporting borrowing and lending on the ShuttleOne network. we call this a continuous token burning model…. this benefits our liquidity suppliers who are farming SZO with a lower circulating supply. and also SZO holders who are speculating on the coin’s price..

Q7. Do you think your system is secure enough from hackers? Tell us a little bit about security? Have you taken the platform test yet? Does the smart contract have an error? What are the test results?

Zhuang – Security and Risks are very important to us. The SZO contract is audited by Peckshield as early as April 2020. You can view the smart contract audit on (www.github.com/shuttle-one). We always ensure the safety of our users and that is also part of our licensing application with the Monetary Authority of Singapore. Which can be found on our github also. I don’t believe many defi projects are looking to be regulated, ShuttleOne is one of the few globally that has taken steps to do it to safeguard our investors, company and liquidity suppliers. You may read up on how we deal with risks and security here: (https://shuttleone.gitbook.io/step-by-step-guide-to-the-shuttleone-network/the-shuttleone-token/risk-management-and-disclaimers).

Q8. What about ShutthleOne’s tokenomics? how are your tokens distributed and how many tokens would be unmited?

Zhuang – 

the distribution and supply of the tokens can be found here: (https://shuttleone.gitbook.io/step-by-step-guide-to-the-shuttleone-network/the-shuttleone-token/structure).

Q9. Where did you get inspiration for this unique shuttle.One project idea? And what influence will we have on the crypto industry due to the project? What’s mission & vision mid/long term of this project?

Zhuang – ShuttleOne was set up in the beginning of the crypto winter sometime end of 2018. At that point in time, the founders of ShuttleOne was very disappointed in the crypto industry not only from a pricing stand point. There were many scammers, bad projects that didn’t deliver the promise of what crypto and the blockchain was set out to do. Which was to transform the financial industry, to deliver next generation products to serve societies. Over the course of the past 2 years, ShuttleOne equity investors include Maker, CMT Digital, Andromeda Capital and various angels in Singapore. Recently, Microsoft’s ex Director Charlie Songhurst who took over Yahoo and Skype also invested in us. I would really urge anyone who wants to earn a good stable return with their stablecoin to consider us in their portfolio as our returns on stablecoins are one of the highest in the market today. With increasing liquidity and also a good demand/borrow market I believe we are one of the strongest real world asset project there is in the market today. wow thats a lot of qns haha..

Thank you to  Zhuang (CEO) and Community for participating in the AMA. Have a nice day.

AMA, AMA recap
, , ,
February 11, 2021
1

CRYPTONATIONIN X AUBIT AMA RECAP

Dear Community,

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

Introduction!

Mayank – Hello @gyd79 welcome to CryptoNationIN 😃 Glad to have you for the AMA today 🥳

Graham – Thank you @mayankgrover733 great to be here! 🙂

Mayank – Sounds good. Before we start, could you please tell about yourself to the community.

Graham – I am Founder and Co-CEO of AuBit. AuBit is a digital asset platform bringing social finance and better rewards for everyone. We bridge old world of traditional finance with the new world of digital finance and defi. Our model is more efficient than traditional accounts. Traditionally, you have accounts with assets and the amount of assets stay the same. e.g. you buy some bitcoin or gold and you come back to your account in a few years and you still have the same amount of gold or bitcoin. With AuBitised products, assets are always growing, so you can come back to more gold or bitcoin in your AuBit account than you started out with. We do this by redistributing fees generated on the platform back to product holders as the assets underlying those products. This creates network effects in finance for the first time and is a great opportunity for users to experience a new type of growth in their assets.
We have also solved accessibility #accessforall, where users across 180 countries can access AuBitised products.
My background is software and database architecture, and I helped many traditional regulated legal and financial service organisations move online and grow their businesses while closely paying attention to regulatory compliance. We were building out a complaint customer management system for big financial services organisations when we took a deep dive into blockchain tech and realised it could change the face of asset management forever. So we pivoted to build AuBit and brought an incredible team together from big finance and big tech with a very talented big developer team to get AuBit done. AuBit is on target to launch it’s first public iteration of its Freeway Platform at the end of March this year having built our systems, legal and corporate structures and teams since 2017.

Mayank – Thanks for giving a very detailed introduction, although seems very interesting, the part on which user’s assets grow up is really fantastic. 🔥

Twitter Questions

Q1. As we know, every successful project has a few stories behind the scenes, what’s the story behind AuBit success? What was that vision when it first emerged as an idea? Are there any special prototypes or upcoming AuBit updates that you want to show/share with us?

Graham – AuBit began as a way to bring better asset management opportunities to everyone. We wanted to solve how the people coming together on a network to generate more gains and do better as a result. Through network effects, as in more use of the platform creating more value for its users. We were very lucky to be able to bring together an incredible team to make AuBit a reality. The story of our success is really down to solving and refining what AuBit can do and getting the legal and technical barriers solved. We have worked with more than 35 top law firms to solve and reverse engineer our platform and products to make them available for everyone. We also have solved many of the issues of traditional finance, things that were perhaps not even thought of as possible to be changed from conventional wisdome by going back to first principles and working out a better solution. One of these is the Freeway Forever Rewards system, which creates and rewards value to all users for bring more users to the platform. Rewards are significant and based on how much benefit referred users get from the platform which makes it extremely aligned.
https://go.aubit.io/cryptonation, this is the link to go through and join.
https://aubit.io/freeway-forever-referrals-infographic/

Q2. What makes Aubit distinctive and ahead of other Security tokens/competitor projects on blockchain that currently exist, keeping in view that their fundamentals are also based on decentralized finance.

Graham – AuBit is very different to other projects on a number of factors.
First, network effects, we haven’t seen other projects solve network effects to the degree we have.
Second, regulatory compliance, the level to which we have gone to ensure our products are avaialable to the majority of the world from day one is something we are very proud of.
Third, bringing a new kind of access to products not normally available to users, such as the AuBit Virtual Hedge Fund products, which target high APY gains and their AuBitised versions are made available to everyone.
Fourthly the forever rewards system that ensures everyone that gets involved is rewarded and really life-changing rewards can be seen by those using the system the most.
What makes a successful network effects business is being able to generate value for users that cannot be generated anywhere else. And AuBit works to do that on many levels.

Q3. Your trading app for computer and mobile is available in more than 180 countries, how do I know if my country is on the list? And what are your plans to finally become a global unrestricted project?

Graham – Best thing to do is jump in the telegram group and chat with the mods and community. Most countries are covered except the USA and UN-sanctioned countries and a handful of others that have outright banned digital assets. 183 countries are fine.
https://t.me/AuBit_Official_Community

Q4. Recently AUBIT held an airdrop program, is it true that your project held it, and will all participants get prizes in your program? and what is the progress of your project after doing your AMA or pre-sale of tokens?

Graham – We have not run an airdrop, in fact we have just kicked off our Forever Rewards referral program. Each time you refer a user you both get $10 to use on the platform, and then equivalent to 2.5% of all AuBit growth redistributions and 10% of AuBit Virtual Hedge Fund AuBitised performance gains. We started the program 10 days ago and already have more than 78,000 on the app waiting list.
So make sure you use the cryptonation link https://go.aubit.io/cryptonation and get on there. There are a number of ways to move up the waiting list. The infographic gives more details.

Q5. AuBit Virtual Hedge Fund is designed to provide #accessforall to Forex, Gold and Bitcoin trading strategies. Who is it for? Are there any special provisions that apply?

Graham – They are for everyone that joins the AuBit Platform. This is a god point to talk about Freeway Tokens (FWT) as they play an implortant part in unlocking the AuBitised performance gains within the ecosystem. Freeway Tokens are required to be held in your Freeway account to get the maximum gains from these AuBitised hedge fund products, which target approx 50% APY. users hold an equivalent value of FWT of their largest hedge fund product holding to unlock the gains and can reuse across their AuBitised portfolio. So if you have 3 AuBitised hedge fund products and each was $1,000 in value, you would need to hold $1,000 of FWT in your account to get the maximum gains from them. This makes FWT quite unique in that it always has more utility value to certain holders than it is worth. In this case, $1,000 FWT would unlock $1,500 in value across the 3 AuBitised Hedge Fund products each year, if they hit their target APYs.
There are many other utility points to FWT such as discounted platform fees, delegated staking and utility across more of AuBit’s roadmap items include AuBit defi lending and earning, AuBit derivatives, and AuBitised Equity products. We build more utility into FWT as every feature launches.

Telegram Questions

Q6. Do you have newsletter list where I can subscribe to with my email do as not to miss out on the latest updates about your Aubit project?

Graham – Yes we keep our wonderful community up to date regularly. If you use the cryptohunter link https://go.aubit.io/cryptonation to get signed up for the Friday weekly update newsletter and onto the Freeway app waiting list.
On a Monday I do an internal AMA each week and answer most of the questions, we pick winners of $25 USDt each week for the best questions too.
And on a Wednesday we do one external AMA too.

Q7. From products made by Aubit such as;
– Aubit Freeway product
– AuBitised products
– Aubit Virtual Hedge Fund  product
Of the Aubit products above, which product did the Aubit team focus on the most? And which products would the Aubit team suggest users take & the most profitable for users?

Graham – The Freeway Platform/App, AuBit Virtual Hedge Fund Products, FWT Native Staking and the Forever Rewards program are the most important aspects to focus in my opinion

Q8. As I Know AuBit plans to impact the lives of ordinary people. What strategy do you plan to integrate non-crypto user into your community? How do you plan to Spread information about the mission of this project?

Graham – Our goal is to make the Freeway App as intuitive and easy to use as possible. Shortly after launch we hope to provide full Fiat on and off ramps for non-crypto savvy users to be able to get straight in on the platform.

Q9. The $FWT token currently relies on the Ethereum platform! But, as we know, the Ethereum blockchain currently has many scalability issues! Then, what’s the main reason behind choosing Ethereum and not other blockchains? Do you have plans to launch your own mainnet?

Graham – It was simply a point of adoption and compatibility. AuBit runs its own mainnet which is fast and gasless, and AuBitised products will be made availabl eon other blockchains where there is market demand for them.

Q10. What is the plan FWT to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year ?

Graham – There is already a great deal of liquidity in FWT, liste4d on Bithumb Global, Bitmax and Uniswap, FWT often trades over $1.5m daily volume.

Q11. What are your plans for global expansion,on building and developing or getting customers and users, or partnerships?

Graham – We have a very successful and expanding referral program with over 78,000 users on the waiting list in 10 days. We will keep that going as we start letting wider sectors of the community know about AuBit and FWT. 
We will target users of other crypto apps and trading apps to also get a Freeway account and as we continue we will close partnerships with other platforms with large user bases and institutions that want to get the AuBitised benefits themselves.

Q12. Your project has great features. There must be an experienced team behind. Can you tell some about your team and their experiences in the market?Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Graham – AuBit’s World Class Management and Advisor Team have worked at some of the largest financial and technology companies in the world including Goldman Sachs, Fidelity, HSBC, Credit Suisse, Morgan Stanley, IBM, Google and The Prudential. These team members have worked for AuBit One Equity tokens, many for more than 3 years and have huge reputations to protect. So we are in a very good position reagarding our team credibility. 🙂

Q13. People are exploited by exorbitant interest rates by local financiers… But there is a reason why they stay with them. It is easy for them to use their funds to buy and sell in their localities. How can easyfi be competitive as a mainstream and global payment method?

Graham – AuBit seeks to provide fair and equitable accessiblity through the Freeway Platform.

Thank you to  Graham Doggart (CO-CEO) and Community for participating in the AMA. Have a nice day.

AMA, AMA recap
, , ,
February 10, 2021
1

CRYPTONATIONIN X BIFROST AMA RECAP

Dear Community,

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

Introduction!

Mayank – Hello @Bifrost01 welcome to CryptoNationIN 🥳 Glad to have you with CryptoNationIN today 😃

Dohyun – Hi thank you for having me here I am excited have an AMA with CryptoNationIN.

Mayank – Sounds great. Before we start, could you please tell a brief description of yourself to the community.

Dohyun – Sure!
Hello everyone, nice to meet you all. I’m Dohyun Pak and I am the co-founder and CEO of Bifrost. 
For over 10 years, I have developed and managed complex derivative products for financial institutions in the US and Korea. I received a Ph.D. in financial engineering at the University of Michigan, Ann Arbor, and I currently serve as the professor of mathematical finance at Gachon University.

Mayank – Great! Could you please tell about Bifrost.

Dohyun – With Bifrost, developers can write smart contracts for multiple blockchain protocols in an unified environment. They simply select the target blockchain for each part of the code, then Bifrost will transpile, compile, and deploy the code into the target blockchains at once. Developers can also easily operate their DApps and even switch the target blockchain as new and better protocols become available. 
Many people get confused with other Bifrost so below are the links to our websites! 
Bifrost
BiFi website
BiFi

Mayank – Thanks for the introduction, it seems interesting.

Twitter Questions

Q1. Creating Dapps on multiple protocol can be very complex and tricky process. How has Bifrsot simplified this in order to attract more developers to choose/build with Bifrost and not to be scared off?

Dohyun – Creating a DApp is not an easy task. It requires lots of time and effort of developers. With Bifrost, DApp developers can create DApps easily. Bifrost has a feature called Builder. Builder offers a customized environment for DApp developers. When developers want to use different blockchain protocols, they can simply choose the blockchain protocol they wish then Bifrost will modify codes for developers.

Q2. What is the usecase of Bifrost? How will you make sure this won’t become one of those projects that promise and Product and end up selling tokens without ever releasing products?

Dohyun – The first DApp powered by Bifrost is already live — which is BiFi. BiFi is a multichain DeFi platform for saving, investing, and earning your digital assets. Currently, it supports ERC-20 tokens, but will soon support BTC, DOT, KLAY, BNB in early 2021. Anyone can start using BiFi, if you have a MetaMask wallet. Other than BiFi, we have presented our multichain technology at the DevCon, showing 75% fee reduction and 750 TPS on ETH, KLAY and Libra.

Q3. I want to hold $BFC for future use in buying my wants and needs. Where is $BFC token currently listed, where can I buy it?

Dohyun – Buying $BFC is simple. You can purchase $BFC on several exchanges. $BFC is listed on centralized exchanges Gate.io, Upbit, and Bilaxy. If you don’t want to use a centralized exchange, then you can buy $BFC on Uniswap. If you are in our Bifrost Global Telegram group or any other group that has BFC Bot, you can type the command /buybfc and get the link to buy BFC in all exchanges.

Q4. As we knew about the expensive gas fee from Ethereum network nowadays , Do you have a plan to bridge $BFC from ETH to another network for saving gas fee?

Dohyun – Thank you for using BFC Bot in this group.
We are all aware of extremely high gas fees in the recent days. BiFi will solve the issues of soaring gas fees and DeFi services limited to a single blockchain (Ethereum). We already have an ambitious roadmap planned out to integrate other blockchain protocols on BiFi using Bifrost. With multichain, BiFi will solve these issues, lowering gas fees, increasing accessibility, and expanding the ecosystem.

Q5. What is $BIFI token used for? How can I get $BIFI token? What are the benefits of holding $BIFI token?

Dohyun – BiFi token has three main functions. 1. Used as a governance token that holders can vote or submit proposals. 2) Used in various financial services on BiFi and lastly BiFi tokens will be used whenever users use multichain services. Anyone can buy BiFi on exchanges but I’d recommend the best way to get BiFi tokens is by using our Lending, Pooling and Staking services on BiFi. You can find more information of Lending and Pooling through link.

Telegram Questions

Q6. Is there any limitations to the number of protocols Bifrost can connect to?

Dohyun – There is no limitations to the number of protocols Bifrost can connect. However, there can be differences between protocls that we support and protocls that we don’t support. If you decide to use blockchain that we support then you can deploy the code easily on Bifrost. If you choose to work on blockchain protocols that we do not support then you might have to do modifications and currently we are working to support various blockchain protocols and we will share the information before the launch.

Q7. From your tweet:

☑️ Borrow against your assets

☑️ Withdraw your assets any time

☑️ Low APRs (assets) and High Rewards ($BiFi)

☑️ More $$$
Can I borrow more than my assets? To withdraw my assets, would there be any transaction fee or minimum balance?

Dohyun – On BiFi lending, users can deposit and borrow different assets. Once you make a deposit, you can borrow against your deposits.
You cannot borrow more than what you deposit. Each asset has a different collateral ratio. Currently, ETH debt-to-aseset ratio is 75%. 
This means that if you deposit 100 ETH, you are able to borrow 75 ETH worth of different assets. 
When you withdraw assets, gas fees will incur but there is no minimum balance.

Q8. How many wallets that can support $Your Token until now? And do you have any plan to build your own wallet?

Dohyun – Currently, BiFi mainly supports MetaMask since is still in the progress of Open Beta. Later when BiFi integrates the Bifrost’s multichain technology to support coins from other protocols such as BTC, DOT, KLAY, and BNB then we will relase our own multichain wallet, Bifrost Wallet. Also when we release Bifrost Wallet users can convert BFC_K.

Q9. As Education for crypto currency is necessary nowadays , what’s your plan to to attract those people who don’t know about cryptocurrency?

Dohyun – First we are actively posting on our Medium to explain what DeFi is and how to use our services and we posted vidoes on our YouTube channels for BiFi and MetaMask instructions. Also our CMO, Soso is a one of the top YouTubers in Korea. As of now we focused on attracting users who are familiar with the crypto and DeFi. However, we will actively do more marketing campaigns to attract new users who are not familar with the crypto. We are not only aiming for those who are not familar with the crypto but also people who do not know about what blockchain really is.

Q10. Could you give information about your approach to communities? How about your community building efforts. Do you have local communities to better describe your project?

Dohyun – We believe a strong community is vital to the growth of a project. Therefore, we have developed our own in-house chatbot, BFC Bot, which you can see in this group. BFC Bot helps members engage within the community, earn points, and earn BFC_K which will be later converted to ERC-20-based BFC on our own multichain wallet. This will ultimately increase users of BiFi.
We also have several regional groups of Bifrost Telegram. We also plan to create more groups as we get more diverse supporters of our projects. I will provide the links below:

Bifrost Notice

Bifrost Global

Bifrost Korea

Bifrost Vietnam

Bifrost Japan

Bifrost Indonesia

Q11. Please tell to us more about your team? How many people are in the team? How do you planning to bring more attention to this project? what’s the amount targeted like partnership, members?

Dohyun – Well you can check our team on our website. Currently we hired more people to expand and develop BiFi and Bifrost ASAP. There was a significant improvement on our marekting. Recently, CryptoBanter mentioned us and our CMO was invited by him to talk about our project. We also have 35+ global partnerships, including Neo, Terra, Matic, Coti, and much more. Our most recent partnership / integration of price oracles with Chainlink assures the security and stability of most trusted price feeds for our users. 
You can read about our partnership here.

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

AMA, AMA recap
, , ,
February 3, 2021
1

CRYPTONATIONIN X MOBIEPAY AMA RECAP

Dear Community,

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

Introduction!

CryptoNationIN Admin – Hey guys! We are now live with MobiePay. We are pleased to invite Brandon Burgason – CEO | MobiePay 🥳🥳 @mobieceo
Before we start, I request you to please introduce yourself and the project 🙂

Brandon – Hey Everyone! So great to be here. Thanks for having me 😊

CryptoNationIN Admin – Pleasure to have you 🙂 welcome again in CryptoNationIN community ❤️

Brandon – My name is Brandon Burgason and I am the Founder & CEO of Mobie. I have been building this project for 2.5 years with our dream team. I self funded the project initially and put every last dollar I had into it. I am a Serial Entrepreneur and own multiple companies, from music studios and record labels to a tech incubator with close to 10 different IP’s. A previously owned FX trading company with almost 20 full time traders. Notable accomplishments: I have personally dealt with heads of state directly from different countries for oil, gas, and coal.
My mission is to create a global sharing economy where we give power back to the people by bridging the gap between crypto and mainstream users with easy to use applications.

CryptoNationIN Admin – Sounds amazing! Thanks for the introduction.

Twitter Questions

Q1. Recently, MobiePay submitted a mobile app to Apple and Google app stores for approval. Can you tell will us about this app and would there be a desktop version? Will there be registration for early beta testers?

Brandon – Yes, we sure did. We have submitted the mobile apps for approval so we can start our private beta. Our goal is to make sure we have all the right features and functions before launch to the public. I am hyperfocus in detail and product. There is a desktop version now and in live beta. You can register now. We will be selecting a few early supporters early on and will be starting a waitlist campaign very soon. This will be a strategic rollout for the mobile app.

Q2. To be able to pay using MobiePay, it is necessary that the seller is an affiliate of the platform? Is it possible to use MobiePay anywhere as if it were a debit card that is accepted worldwide?

Brandon – You will be able to use MobiePay anywhere where apple or google pay is accepted worldwide. We will also be using debit cards as well. In addition, we have built a proprietary gateway that will utilize QR codes and other forms of payment. The businesses will have to be signed up or MobiePay.
Our IP and business model is our secret sauce with a primary focus on mainstream mass adoption.

Q3. Stellar is an open-source network for currencies and payments. So Why does MBX built on Stellar Blockchain? How Stellar better than typical blockchain-based systems?

Brandon – We chose Stellar for many reasons.
1. Speed = Stellar settles transactions in 2-5 seconds. 
2. Cost = Send 100,000 transactions on Stellar for only a cost of we $.01 USD. 
3. Accessibility = Stellar use Anchors that connect to the current global banking system 
4. DEX – Their decentralized distributed exchange all of peer to peer exchange of fiat and crypto assets, one of the major utilities of MBX token.

As you my know, USDC is moving to Stellar and 6 banks are building their stable coin on Stellar. Looks like we made the right decision 🙂

Telegram Questions

Q4. What is the major weaknesses of payment system these days that Mobiepay try to fix? Also most of payment system nowdays have problem of slow Transaction speed, how will Mobiepay solve these issues?

Brandon – Cost, Speed and Ease of Use – We fix all this while rewarding the user 🙂

Q5. On which technologies will e-money focus on working this new year 2021? 

Brandon – This is a secret, I can tell you there are extremely innovation and solve big problems.

Q6. Vast majority of Crypto projects are built just for the sole purpose of amassing wealth for themselves. So, I want to know the value you aim to add to crypto industry that will bring greater abundance to the industry?

Brandon – Unfortunately this is true. Money for me a tool to help others. I personally put every last dollar into this company because I knew if I can help the world with money and saving it, I could change it. I am on a mission to to so. I will rolling out a personal brand that will showcase my mission and purpose for everyone to see. I am committed to leading by example.

Q7. Which types of Industries & userbase your project is mainly focusing on? Do you plan to establish partnerships with local cryptocurrency developers in each country to make the use of the token more global?

Brandon – Gaming, Direct Sales, Gig Economy.

Q8. How did MobiePay survive in during long bear market? Can you share us on recent achievement your team are most of?

Brandon – Lower over head and cash burn. All the team members are vested long term and I am very tight with money.

Q9. With the development of blockchain technology, an infinite number of blockchain projects have appeared on the market. But people prefer / will accept projects that have real use cases. Can you tell us about real-world use of $MBX or solutions that contribute to this?

Brandon – We have a real mainstream application buit for the global masses, not just 1% of the population who knows crypto.

Q10. You ensure that you maintain the long-term popularity of the project that is developed on your platform, meaning then that ” MobiePay ” must have a high and constant flow of visits. What strategy do you use to attract users to ” MobiePay ” and also achieve that remain on your platform?

Brandon – Through our rewards model. It will be unlike anything on the market.

Q11. A lot of scam projects out there, guess what guarantees that your project is different from them.

Brandon – There are no guarantees, but my class A team would NEVER be with my and put their name on it unless we had internal controls and they knew and trusted me. I think that says a lot.

Q12. I want to learn more about MobiePay ; but the information is very small;the community is relatively empty and less; what strategy does MobiePay team have to develop the community and maintain long-term user?

Brandon – We are focused on building world changing product, not market and creating hype. Our product will speak for itself and the community will grow organically. That is our focus.

Q13. What features of MobiePay might be of interest to large companies and corporations? What will motivate them to use MobiePay in the future?

Brandon – Less Transaction Fees, Instant Settlement and in App promotions and marketing.

Q14. Will MobiePay be integrated into traditional systems such as banks or credit and debit cards? Consequently does this platform require verification by KYC?

Brandon – We are a US company and adhere to all US laws. KYC is a must!

Q15. Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?

Brandon – Yes, our incentives and ambassador programs will help with this.

Q16. What is the main obstacle to widespread adoption of cryptocurrencies? What measures is MobiePay taking to popularize the use of crypto even more, especially in the traditional financial sector?

Brandon – Has to be able to use for everyday purchases, not just an investable asset. MobiePay fixes this and allows crypto to be used.

Q17. What are the core features that create the value of YOUR CRYPTO? What does YOUR CRYPTO have that other projects don’t.

Brandon – High Speed and Low Cost.

Q18. How important is the community to you? And how can we collaborate or help you for the development of the project?

Brandon – The most important. Community is everything!

Q19. What is the number #1 priority for MobiePay in the next 6 months?

Brandon – Getting all our technology and products released to the public market.

Q20. How is the MobiePay token used? How to keep motivated to hold MobiePay tokens for a long term?

Brandon – We will be launching a staking program soon.

Q21. Do you have any plans to attract non-crypto investors to MobiePay ? Because it is the success of a project to get more investors who are still not in the crypto world specially as a new project entering to crypto. What are the plans to increase awareness about MobiePay around in non-crypto space? And which region is in your mind?

Brandon – Absolutely. We are already working on raise significant capital with VC’s and Funds.

Q22. What’s your motivation in making MobiePay Token, and what we will see in future? How can token holders benefit with MobiePay tokens?

Brandon – I see it as a one world currency collateralizing all major cryptos and fiat currencies in one.

Q23. When can we expect live you tube AMA?

Brandon – Coming very soon in the next few weeks. Finalizing details special for our community.

Q24. How does MobiePay generate income and revenue?

Brandon –

Q25. Please tell me MBX Staking & Rewards Program? And can you store $MBX on a nano ledger?

Brandon – Yes you can store on ledger – ledger-signer.mobiepay.io

Q26. How long will it take for the new MobiePay to trade ? What is the maximum supply ? Circle supply? Thankyou!

Brandon – Max supply is 7 billion with 1.34 billion in circulation.

Q27. How does MobiePay plan to remove existing barriers to user interaction with the decentralized economy? How to close the gap between cryptocurrency and real users?

Brandon – Through our token and gatway

Q28. How can you participate in the MobiePay Mining Program? Is it really a mining or is it like an incentive contest to use the platform?

Brandon – There is no mining with Stellar or MBX

Q29. What really MOTIVATED you to bring such a great PROJECT into existence?

Brandon – I LOVE TO FIX PROBLEMS

Thank you to  Brandon Burgason (Founder & CEO) and Community for participating in the AMA. Have a nice day.