AMA on the 23 of August was very wholesome. So wholesome that we decided to split the content into Team Questions and Community Questions. Polygon Community is very driven and the questions asked were all relevant and interesting. Well, let’s hear it from the community!
admin: Let’s hear it from the community now!
Table of contents
Overview Questions: how Swapzone works, security
community: Can you give us an overview of Project economics? Is the token designed to rise and fall with the success of the platform, and does it include any scarcity paths such as stake, store, or burn?
Olya: Our project is about crypto-to-crypto exchange. We don’t store users’ funds on our platform and don’t have any control over customers’ funds. We don’t influence tokens’ prices and no speculation is involved.
community: Q1. For a Decentralized Exchange, Liquidity is the major problem compared to centralized ones. How does SWAPZONE solve this problem and create the liquidity for DEXes which is different from CEXes?
Q2. Do you have more plans on expanding business opportunities in other tokenized assets such like Stock & Commodities on SWAPZONE DEXes platform?
Olya: Q1: since we’re not a CEX or DEX ourselves, we aim at perfecting our service and grow naturally. Of course, our marketing team is also here to help the exchanges raise awareness and attract customers
Q2: We’re planning to kick off fiat to crypto offers, as mentioned😉
community: How strong is Swapzone security?
Olya: We’re constantly working on it and we’re also very picky when we integrate exchanges since they are core providers in our case. We only work with trustworthy platforms and are not afraid to warn our partners in case the problem we run into is on their side. Security and privacy are top priorities here.
Milestones and future plans
community: What was the biggest milestone your project has? What is the plan for the future?
Olya: For now, I think the biggest milestone would be our external API which is being released today!
community: Can you expand our knowledge about Your Roadmap this year and the future and any Updates on your Research and development progress?
Olya: Our updates are shared on socials. For the nearest plans, as mentioned: fiat to crypto offers. More is yet to come and we have a roadmap developed for that, however, we prefer doing instead of spreading rumors before we actually start with the implementation😊
community: What are your main goals in 2021? Do you plan to list on other exchanges?
Olya: Of course! Although it’s not a key-key priority now, we continue listing exchanges and expanding our ecosystem. The point is now we’ll be focused on external API implementations and partnerships, that would be our major goal.
Team Questions
community: Your project has great features. There must be an experienced team behind. Can you tell me some about your team and their experiences in the market?
Olya: We have backgrounds in Business Informatics, Information Security, Marketing and Communications, and of course, a really experienced dev team. Most of us have had a wholesome experience in the crypto market working with different industry-related projects.
Community engagement and marketing strategy questions
community: Do you have any special plans to attract and expand the community and improve the user experience?
Olya: Yes! Of course, we do😊
community: How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Russia, Vietnam, Indonesia, Thailand, Korea, .. so they can learn easily and better understand your project? Or are you planning something that hasn’t been developed in other regions yet?
Olya: Thanks for your comment, a great question and idea! I believe we’ll have globalization in our roadmap but for this, we need to grow a bit more, don’t you think?😉
community: Do you plan to build partnerships with local cryptocurrency developers’ projects in each country to make Project more global ?
Olya: We constantly partner with new exchanges to add value to our service, so the answer is: yes.
community: For the success of a project, investors, community, and developers play a major role. What is Swapzone strategy to get them involved?
Olya: We have an experienced and driven team for that. We have an affiliate program for our users and partners, external API, and of course, more features coming soon that are helping and will help us to be marketed at large within both users’ and professional communities. And let’s not forget about social engagement and buzz we strive to create across our social media channels🚀
Thanks for having me today, Community💜
