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.
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.
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 🙂
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?
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.