TradeX AMA Recap With Neng Yuni Forum
Dear Community, Welcome to the recap of our AMA with TradeX.
Our vibrant and enthusiastic community had a lot question to ask. To those who want to know quickly what TradeX is about, we are sure this recap gonna help you. So without further, continue reading.
Speaker : Bikram Basak (Founder of TradeX)
First Session Project Introduction
Before we start our first session can you introduce yourself?
Mr. Bikram: Good Evening Everyone, My name is Bikram Basak, founder and CEO of Tradex Ecosystem and I am from India. I started my career with the banking field, I was already very much eager to know much more about the Global Finance and how it worked but was not satisfied with my work due to control if authority to decide on blocking account transactions in short notices . Later on, joined the BPO voice department as a trainee, promoted to the management field. Subsequently, started my own BPO, monitoring crypto from 2010, but was a little reluctant to get involved.
Later in 2017, I started following crypto news closely and founded Cryptcoin news which was a good start of Crypto in India. By spending considerable time in crypto ecosystem for trading and knowledge, in 2018, Exited BPO business and got involved with full time trading in Cryptocurrencies. Eventually in 2019 started developing the Tradex Ecosystem and we are here today with an aim to thrive crypto awareness all over the world.
I am mainly looking after marketing ,Development and Finance of the Project tradex. Also researching more products which we can bring under the TradeX Ecosystem. We really like to listen community for product suggestions.
Q1. Can you tell us a short story of how came up with idea for TradeX?
Mr. Bikram: Wow this is something i love to tell, when I started crypto trading i usually play short to get pocket profits , this is something everyone is doing and never got concerned on how the crypto are sustaining ..however when i was in Singapore I came across many brick mortar and digital channel accepting BTC and BCH , this gave me idea why not create basic ecosystem where common people can adopt crypto and make a use it in real.. making as simple mode of payment instrument.
Hence created project Tradex -A Cryptocurrencies Ecosystem.
Q2. Can you briefly describe TradeX’s main advantages over its competitors?
Mr. Bikram: TradeX Ecosystem solely built with one moto ‘Real use case of Crypto in day to day life for everyone’. Tradex token acts like a medium of currency exchange introduction of tradexsports,TradeXstore, Donorchain and Many Many more to come in the Tradex Ecosystem. We made TXH tokens to interpret with users, we launched TradeXsports for betting, we will launch TradeXstores so that people can buy stuffs right using crypto, we are making donor chain so that people can get rewards by donating , we are making TradXchange so that people can know how cryptocurrencies works, and bring more liquidity etc.
We found not other competitors are really fulfilling the need of common people.
Q3. What is the name of the token that TradeX has? How much supply is available and where the token allocated?
Mr. Bikram: Name of the token is — Tradex Token (TXH
Total Supply — 1,500,000,000
and its and ERC20 token built on Ethereum platform
Q5. To sum up, can you please share with us your nearest milestones that you plan to achieve by the end of 2020?
Mr. Bikram: to make Tradextore live with and Tradexsports (its live) having more then 5000 users.
Q4. Can you please tell us more about the token economics of the project? What utilities does the token have and what benefits will tokens holders get?
Mr. Bikram: sure
Let me get you the Tokenomics first-
Second Session “Twitter Question”
Q1. In the Tradex ecosystem there is what is meant by Tradexsport. How does Tradexsports maintain fair play? Can Tradexspotrs keep you safe from fraud and collusion?
Mr. Bikram: Tradexsports is not focused on any sports or community ,you can bet on anything, to keep the play fair we are going to share code where contestants can live steam their activity or moderators will be doing it on their behalf and they will be earning part of platform fees..
You can use any mode of payment or crypto to top-up your TradeXsports Account, We partnered with Coinbase Commerce and Coinpayment for Crypto processing , Razorpay and ICICI bank for Fiat deposit and Astropay for Gift Card processing..
Just to update at this moment we are only accepting Fiat from Indian Users , we are in touch with other countries authority for Fiat transactions.
Q2. What is the uniqueness of your project that cannot be found in other project. that’s been released so far? And how the demand of the token will increase in the future? or what steps would you take to increase the demand?
Mr. Bikram: Nice one, We are not only developing but bringing it for real common use, so once the use of developed product get increased accordingly value of token will increase too. So our vision of achieving mass adoption with high token value will be successful.
We are also taking step to burn tokens , details will be provided soon
Q3. On moving forward through your roadmap, what are your most important next priorities? Does TradeX team have enough fundamental ( Funds, Community, ect ) to achieve those milestones?
Mr. Bikram: For us every product is on priority list, Yes Project Tradex Team got enough fundamentals to achieve every milestone
like i said we are always looking to give maximum benefits users.
Q4. What are the benefits for users with the partnership of Dash Next with TradeX? what are the benefits for users joining in staking? why did you extend the date of pre-sale?
Mr. Bikram: When we just started and told the plan to ‘Dash Next Co-Founders’, they became excited and partnered with us for Exclusive additional benefits for Dash Users.
Here is the official anouncment by Dash -https://www.dash.org/2020/07/16/dash-next-proudly-announces/
Soon we will be having AMA with Mr Felix Margo, Co-Founder Dash Next and date will be announced soon.
roject Tradex will allocate additional tokens as per following investors portfolio
$50 — $499–10%
$500 — $999–20%
$1000 — $4999–30%
$5000 and above — 40%
Additionally will get following benefits if they stake the tokens for 12 months
$50-$499 — Will recieve 1% of the platform fees for every contests played on the TradeXsports app by anyone.
$500 and above — 3% of the platform fees of every contest played on the TradeXsports app by anyone
Example-
Any supporter purchasing tokens for worth $500 @ $0.01 will recieve 50,000 TXH (regular) plus as blackfriday benefits will 40% additinal tokens which means 40% of 50,000 is 20,000 so total tokens will be recievable 70,000 thrn then the effective issue price will become $0.00714 per tokens.
Also if supporter stake the tokens worth $500 will get 3% on the platform fees Revenue
***Dash Users will always recieve 10% above all the offers. ***
Q5. I learned that TRADEXSPORT is a beting platform. Can you tell us how we can bet in TRADEXSPORTS? which games are available for beting?
Mr. Bikram: Yes, We all know the Cryptocurrency is mainly Peer to peer use. So we built TradeXsports so that users can host and compete with other, Let me brief you how it works — The platform works in a very straightforward manner. Users sign up and create their account, after which they are free to set up their contest. From there, they host the same contest, and ultimately, the competition gets its winner. The contest can be private, where users call on their family and friends, but also public, where anyone can join. In any case, the host of the same competition earns 25 percent of the fees of the platform. This money is theirs regardless of who wins or loses.
The actual financial dealings of the TradeXsports platform are just as smooth as its user interface and features. It is connected to all of the key payment processing and cryptocurrency technologies and protocols. That is why it supports the Ethereum ERC-20 protocol, Trust Wallet and Coinbase Commerce, as well as Dash, one of the most popular cryptocurrencies in the world. Not only this, but Dash users can also attain 10 percent of additional tokens on TradeXsports.
We are not limiting anyone to play any specific games on the platform .. Just think of a competition and host on the platform.
The Third Session “Live Question”
Q1. In TradeXsport hosts can earn 25% of orgaanizing fees. what is the process to become a host and what kind of events can be organized?
Mr. Bikram: That’s nice one, its really easy to be a host , whenever you are creating any bet/contest then you are becoming Host. You can host any event.
Q2. How do you view the importance of the community? Do you have plans to launch any special campaigns to engage and grow your community soon?
Mr. Bikram: Community are backbone of any project , yes we are going to launch new campaigns like , Quiz, contests and many more.
Q3. I saw from TRADEXSPORTS telegram group that many people face difficulty to withdraw their money even some people failed to withdraw their money.can you explain why it’s happening?
Mr. Bikram: Well for first time , users do some time face difficulties and for that reason our TG is active for support and we provide quick resolution , and as you are following then you will see , no one face any difficulties second time.. https://youtu.be/R8ciWFmqyCw
Q4. Can you explain why i can’t download TRADEXSPORTS app in my lg g6 mobile? I also saw many people can’t downloading the app
Mr. Bikram: Any android phone can download the app, many times due to some reason dvice block all the direct installation of APK , here you can simply allow the source.. https://youtu.be/s2pispp4xxU
Q5. Most of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to Project TradeX long term?
Mr. Bikram: Yes Sure….
Due to market change…..
Buying and holding for a long term is the challenges of cryptocurrency…..but the benefit is, you buy at Low price and sell at high price for higher returns….take BTC for instance, holders from 10 yrs ago are now multi-trillionaire.
Q6. What are the benefits of $TradeX holders?
Mr. Bikram: Good question
1. When you buy and hodl tradex token now at low price on our pre-sale
You will have chance to sell at high price when pump comes, pump is coming very soon
2. When you buy and hodl TXH now
You will have chance to buy anything you want after we have laucho our TradexStore
Alright, those are the 6 select question
Thanks to Mr. Bikram @bravo_tradex and Team who gave us the time to share this knowledge, I hope we will understand more about TradeX.
Well…
We declare AMA’s Series Neng Yuni with TradeX, is Done. 🥳🥳🥳🥳
thank you to the participants who have attended this event to the end.
the winners will be announced soon🥳🥳🥳
Telegram: t.me/tradexsports
Channel : t.me/projecttradex_updates
Twitter : https://twitter.com/ProjectTradex
THANKS TO ALL OF OUR COMMUNITY
HAVE A GREAT DAY
Edited By : Ast. Pri