We are pleased to announce our next AMA on June 18th 2020 at 03:00 PM UTC Time: Satoshi Club x Credits
Click to see the hour/ time converted to your location
⚠️Please post your questions in the commenting section bellow
⚠️Total Reward pool: 250$
⚠️Requirements:
👉Join Satoshi Club Telegram group
👉Join Credits Telegram group
👉Join Credits Twitter page
We will have the following structure:
Part 1️: We’ll select 5 questions from you. Please submit your questions in the comments under this article. Max. 3 question per user.
Part 2️: Open chat for 80 seconds. You can post Max 5 questions. Credits Team will select 5 questions and answer them.
Part 3️: A quiz about Credits
For more details:
Credits – @creditscom
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How the #Credits is best option for #Developers ?
Could you share about the incentives for #delegators #validators and #stakers
what is the reward for the nodes?
As of now there have been many blockchain related projects come and gone, what are the special and unique characteristics of #CREDITS that make it different from the others, that make investors and users decide to invest into it?
How will Credits empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world ?
Explain the utility of Credits, what’s the real-life use case and application of Credits. Are you focusing on only business and IT solutions or you will spread to other sectors?
DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinions on DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is Credits approach towards the DeFi sector?
Credits looks good but it confuses me that there are so many other Blockchain projects. What should I pay attention in Credits to give it the importance it deserves? What are your planning to achieve with your project?
How will Credits team target and educate people who don’t know about blockchain and crypto?
What is the background of the Credits team? Do you think it is competent enough to run Credits for long-term ?
What are the main token utilities and real-life usage of the token? As an investor, why should we invest in the Credits project as a long-term investment?
What is your strategy to marketing and for Mass Adoption? What message do you want to send to community through AMA today?
What’s the reason for a centralized mobile wallet?
What’s about the partnerships with IBM, Lenovo and Alibaba?
DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinions on DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is #Credits approach towards the DeFi sector?
Can you briefly explain what’s the top three milestones that your team aims to execute in 2021? Whom do you see as your biggest competitor in this space? #Credits
Can #Credits give me 3 main points to connect me and other angel investors to invest in long-term?
What will be Credits next steps towards achieving mass adoption? What Blockchain use cases are currently working on and which use cases do you think will be the most successful in driving blockchain technology adoption?
There are 4 core issues prevalent in crypto and blockchain: Excessive Volatility, Security, Scalability and Interoperability. How do Credits plan to overcome these issues?
Staking and DeFi are very popular in crypto space. Are there any ideas to implement DeFi in #Credits platform? Does Credits have a staking program?
What has been the most challenging part of developing the #Credits app? What’s the biggest challenge you currently face in order to get this project finalized?
After the recent hacks on Vechain, IOTA, and Steem, How do you provide a better and good security to the project #creits app? And how can #Credits Protocol protect its users from hackers?
I have the following 3 questions:
Can you tell more about interest of companies for using the credits blockchain. Are there some larger companies who are planning to use Credits?
Is it strange that credits is ranked so low on CMC, with all potential CS has. What is the reason that Credits is so unknown?
In Russia a proposal is done to bann crypto. If this would pass, can this be a threath to Credits since most of the developers work in Russia?
1. What is Credits targeted customer ( customer segment ) ?
2. Who are Credits competitors ?
3. What are Credits advantages over its competitor ?
With companies like
@Lenovo and @Oracle,to name a few,seeking your protocol’s blockchain solution,
I wonder,
What are the @creditscom TEAM brand awareness strategies to expand the brand more into the globe?
What are the difficulties you have been faced during the development of CREDITS? How many products have integrated the protocol? What are some insights gathered from the members?
Lots of Positive Achievements happen on 2019 for Credits, many to mention,
So,Coming 2020-2021 time table,
What is the @creditscom Goal in 2020 in terms of developing more UseCases to offee into the world?
On moving forward through your creditsmap, what are your most important next priorities? Does CREDITS team have enough fundamental (Funds, Community, ect) to achieve those milestones?
What does CREDITS think about solving issues that the DeFi ecosystem still can’t solve? Can people and machines trade every day through smart devices that use digital currencies?
Why should developers build dApps on Credit? What incentives have partners and dApp developers to build on Credits?
What is the investor and trader, the main job and utility of credit token in the entire credit ecosystem?Why should we buy/buy and credit codes Hodl in our portfolio?What route do you have and future events attract me to invest in credit?
Can you tell us some reasons why any developer should create a Dapp on a credit network instead of any other Blockchain?What are some of the competitive advantages of credit network?
What are the achievements that Credits has achieved so far? How do Credits set development goals?
What big use cases for the future do you see Credits solving for new clients?
Is POA consensus is the best?Why not others?Any competitive advantages of POA over others?
Why can $CS Token be best choice for longterm investors?Any advantages to hodl it?
Which aspects of Credits have enabled large companies such as Lenovo and IBM to be partner with Credits?
There have been criticisms of projects with a utility token, it is often claimed that the token is only there to raise money. Does the Credits token have real added value?
On your website, You mention that Credits Can generates 5 Blocks per secound ! Thats really Impressive !! Can you explain which consensus and technology is used by Credits for such a great Lightning fast transactions ?
So, how do you think of the future of DeFi? What are the factors that #credits could make a difference since there are lot of projects involved in DeFi?
How can developers & technical people contribute to your project and how do #credits plan to get them involved?
This day 2 years ago, #CREDITS successfully raised 20 million USD in 17 hours. That is the beginning of success. time to develop new and unique technology platforms in the past 2 years ready for application in a wide range of industries?
As we know, every successful project has a few stories behind the scenes, what’s the story behind CS success? What was that vision when it first emerged as an idea? Are there any special prototypes or upcoming CS updates that you want to show/share with us?
For Running a Full node of Credits network, Whats the Minimum requirements in term of Hardware or cost ? Also, How much average APR returns we can expect from full node of Credits ?
What are some of Credits major achievements and what milestones are planned ahead in the next 1 year and 5 years?
The potential for Credits to replace credits such as paypal, skrill is currently very large, to achieve that, you need a plan to attract very large users? So what is your plan right now?
Most of the cryptocurrency don,t have any real life usage , but some projects try to make it possible to use in real life usage. How will Credits create adoption to make it possible?
As of now there have been many blockchain related projects come and gone, what are the special and unique characteristics of #Credits that make it different from the others, that make investors and users decide to invest into it?
The CS value has strongly declined due to lack of communication, lack of progress and lack of marketing. As a result of that, investors are losing trust. How do you plan to improve those deficiencies ?
Looking at
@creditscom
market position, what would be the main reason to buy into the CS coin at this time, and what are the top 3 priorities for the team to increase CMC position?
With #credits #cs latest BIG success with chemical company JSC IVHIMPROM and real use – Are there any creative solutions to expand the development in this field and/or other countries/industries? Where does Credits expect to be within 5 years?
What will Credits be able to bring to the table if Ethereum solves their scalability issues ? Also, how far has the development of Credits own decentralised exchange up-to ?
From the beginning Credits was regarded with skepticism, because of the 1 Mil tps statement and we went through a lot of Fud. Today there is a lot of skepticism, also reflected in the price and lack of volume. Are you going to run those capacity tests and wave off the skepticism?
In which way is benefiting us, the holders and node operators, partnershipslike that with IVHIMPROM, in which they use a private CS blockchain and not our public blockchain, without having to use or hold the CS coin ?
Credits have big milestones to achieve in 2020 such as swap to Mainnet and MPV for major companies in logistics, IOT, finance, insurance. How do you plan to expand to different regions to make the CREDITS brand become well-known among local businesses?
What are the ways that CS generates profits/revenue to maintain your project and what is its revenue model ? How can it make benefit win-win to both invester and your project ?
What sparked the creation of CS and was it hard to actually start it? Which companies do you view them as potential partners and that they are somewhat also benefitial for both userbase and CS itself?
Except for high transaction speeds, what sets credits apart from competitors? In terms of adoption, what is being done to bring people to the platform? Any incentives for teams choosing the use the credits platform?
MAIN question: So you made your way in the legal part of the EU (Congrats), what are the next steps in the financial market?
Question 2: What do you expect what will happen to the Credits coin price? These steps must make a massive shift in the (nearby) future, right?
Question 3: Do you have plans to change the coin demand to become even higher?
Question 4: What exactly do you mean with “Legislation of virtual value”? Does that mean, if, for example CS Coins goes to $30 you have the legal rights to keep the value around that price to prevent extreme fluctuations?
Is Credits have any Coin Burn/BuyBack system or any plans for Token Burn for increasing the value of Tokens & attracts Investors towards Stake for investments?
In the context of the current bear market and affected by Covid-19. What are the challenges you think Credits will face in 2020 and next year? Could you share with us about Credits’s plan for 2020, such as BD, partnership, development and marketing?
How did Credits survive in during long bear market? what your team strategy to gain more adoption? Can you share us on recent achievement your team are most of?
Stakes seem to be very popular right now on many blockchain projects to encourage investors to hold the token and make it beneficial for the project ecosystem. Do Credits support this?
With the emergence of many blockchain projects, especially payment projects with the latest technology, scalability, efficiency, even without transaction fees. Do Credits feel the pressure of this on the race for global security computing solutions?
Can you give us details about the Main Utility and real world use case of CS token? Where we can use CS and invest in CS. You can give some main reasons why we should buy CS tokens as a long-term investment.
Can you list some of the outstanding features of Credits for everyone here? What are the products that Credits is focusing on developing?
What is your long-term vision about the industry which #CS project is working at? Cryptocurrency industry is always thriving, what plans do you have to keep up with technology trends?
The biggest dilemma for cryptocurrencies right now is volatility and liquidity. What steps have CS taken to fix it?
What are the special credits compared to other projects? Can you give some reasons to convince users to choose Credits?
What is the ecosystem of Credits? What is the role of CS in the ecosystem?
Most investors only focus on the price of the token in the short term instead of the real value of the project. Can you tell us the motivation and benefits for the long-term investors?
Why do Credits need Blockchain technology? What role does blockchain play in Credits?
Can you tell us the motivation and benefits for investors to keep $CS tokens in the long run? Do you have a plan to help boost token demand and scarcity?
What helps create the value of Credits, can you explain why it is useful for the Credits ecosystem, and how to attract investors holding tokens?
Detailed explanation of CS token! What are the uses & benefits of this CS Token for Traders, Investors & Project Credits?
What is your plan for 2020?
What is the benefit of holding CS for a long time? Can you share more? And what is CS used for?
I see that CREDITS has a lot of potential, is there a crypto ecosystem similar to you or perhaps they were based or inspired by other projects?
Trust is very important in business. What makes investors, clients and users feel safe when working with CREDITS?
How many TPS (transactions per second) can CREDITS achieve?
What is the strong advantage the you will leading in the market ? In contrast what is your weakness ?
What do you think about your competitors? What makes your project better than the traditional financial consumers?
Since most platforms have already encountered
problems with performance degradation over time their long-term sur-
vivability is questionable. How will you face to this challenge ?
Now, defi is one of the hottest topic in the blockchain space. Can you explain What are the Importance of a Oracles in the DeFi Ecosystem?
what are some key differentiators the #Credits team has that make it particularly well-equipped to accomplish your goals ?
Security, scalability, and data privacy are three aspects that are very important at enterprize level, how Credits foundation handle these issues?
Adoption is one of the important factors that all projects need to focus on to become more attractive to investors. So, what is #Credits plan to adopt more Adoption?
So what are the strengths of the NULS protocol compared to other projects?
My question is about NULS competing projects.
Could you tell us which project in this space have a similar goal to NULS, how NULs differs from competitors?
Staking and DeFi are very popular in crypto space. Are there any ideas to implement DeFi in #Credits platform? Does #Credits have a staking program?
We have 3 core issues prevalent in crypto and blockchain – Security, Interoperability, and Scalability. How does Credit plan to overcome these issues?
What has been the most challenging part of developing the #Credits? What’s the biggest challenge you currently face in order to get this project finalized?
I know the Mainnet token swap is extended to December 2020 for “late”( or lazy ) swappers.
Why the swap is not finished earlier and after the finish there will be a possible extra swap period when enough “late” swappers will be available.
I would like to know what would be the reason to not end the swap earlier? ( besides the possible swap for lazy swappers…they can have the opportunity manually….)
Comparatively, how do you differ from the many payment solutions existing today what’s being done to drive global adoption of CREDITS amidst regulations and compliance
At present, what are risks affecting the Credits project? How do you deal with them to develop project in long term and attract investors?
Scalability is one area for Credits but there is so much saturation in the market in order to fight the issue. What do you think is that makes Credits competent and better against those old big guns such as eth or metahash looking to fight the same issue?
What are the pros of using Proof of Agreement as the consensus algorithm? And why did you choose it over other algorithms, like proof of stake?
Credits claims “decentralization” but that word can be relative (e.g. an entity can split into nodes they still control & claim that). Can u offer a provably verifiable proof that Credits is decentralised, trustless & with no dominant party in control?
There are 3 core issues prevalent in crypto and blockchain: security, interoperability and scalability. How does Credits plan to rise above these plagues, setting your brand unique from others?
Could you please describe the changes your project would brought to the traditional Internet world or the blockchain world?
As Credits network provides Lightning Fast Blockchain for Dapps ! But, which types of Dapps are supported by Credits Network ? as well as on which Dapps you’r primarily Focusing on ?
Credits has their unique Consensus algorithms called Proof of Agreement ( PoA ) .. Explain some details about your unique Proof of Agreement ! Whats the work and benefits of this PoA algorithms ?
What efforts are in place to ensure that the forces or demand and supply doesn’t cripple the project. Would there be a holder reward mechanism for holding Credits token?
In the current cryptocurrency ecosystem with all the advances made in the field, why do you think Credits stands out from the rest of the pack?
Why credits select scratch for selecting consensus? Is PoA is better than POS?
What data is stored on-chain? What data is stored off-chain? Has your technology been audited by a third party or vetted by external security testing team?
Could you share how you survive in this longest bear market and what are difficulties have you overcome during those period?
Security, scalability, and data privacy are three aspects that are very important at crypto, how did Credits handle these issues?
What is accelerator programme and in future what we can develop on credits blockchain platform ?
What are some main goals that Credits is going to achieve in coming days?
What are problems you are facing to achieve it?
What criteria do you build on the Credits Home network? In case of a security problem, would you consider to make a new update in the future? Does the Network have sufficient defense against possible attacks from outside?
How do you see the project develop in 3-5 years from now, both business wise & company wise? What are the plans to expand in different regions? Will you outsource the team/skills or keep it centralized and set up offices?
Why your project name is CREDITS?
Credits was born after Ripple, Stellar, Tron. Compared to Ripple, Stellar and Tron, what are advantages and dis advantages of Credits? What is the outstanding difference of Credits to attract users?
According to you what exactly is the Problem in Blockchain industry that CREDITS is solving?
What’s being done to drive global adoption of CREDITS amidst crypto regulations and security threats?
What’s your greatest threats going forward and what plans are in place to overcome them?
Your metamorphosis is a laudable one, How have you been able to survive this longest bear market and continue building and developing the credits ecosystem
None of all similar project did well so far; most of them are way below ICO price and other aspects, What makes you think Credits is better and will it sustain in this market?
As of now there have been many blockchain related projects come and gone, what are the special and unique characteristics of #CREDITS that make it different from the others, that make investors and users decide to invest into it?
How will Credits empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world ?
One of biggest problem with DApps is inactive and useless state. People just create DApps but it has no use cases nor contribution to blockchain ecosystem. To prevent and resolve this problem which may happen on CREDITS platform, what will your team do?
How does CREDITS attract Dapps developers? Do Credits manage Dapps content to eliminate poor quality Dapps on the Credits platform?
Credits platform has many uses cases such as Gambling, Logistic, Medicine, Banking etc.
What other use cases do you plan to address? Are you going to expand your use cases continuously or not?
#Credits (CS) describes itself as an open-source blockchain platform aimed at addressing security, decentralization, and scalability which is really innovative things as these are very common problems found Im most of project
My question is what are the steps taken by team to meet this reality ?
One of the intresting thing I read about this project is that it’s aims to achieve up to 1 million transactions/second speed with 0.1s confirmation times and low fees around 0.001 USD
So am interested In knowing progress of this goal?
How team is looking to achieve this target?
Your thoughts please
How #Credits visa /master digital card will benefit its user?
What make it favorable over traditional visa/Master cards?
How #Credits will manage Peer to peer transactions and Fast cross-national transfers in terms of stability?
Will be there any stable coin be there?
Does DaPp Ecosystems like Tron and EOS lack something that Credits has the solutions?
I found the project very promising. I have a doubt. If I transfer the balance in btc to the application can I transfer it to my bank account in any country or just to the credit card?
Many countrys have diferents laws about transfer of money. How credits is dealing with this ?
Talk a little more about the partnership with alibaba. How is it possible for the end user to benefit from this?
Hi, I am curious about the impact that Bonoox has had so far.
1. How many companies are using it nowadays?
2. Have you had many requests of Invidual plans (i.e, customized solutions)?
3. Has any big player showed interest in Bonoox?
Thanks!
Credits has plans for gaming industry, eo what’s your go to strategy and recipe for success, what’s your plans for NFT and what kind of games are you focusing on
What’s the purpose behind 50000 tps, is it to just boast a greater figure than other blockchains or it really has an advantage. If it does, what’s the advantages?
CREDITS
Congratulations in your mainnet launch
Now DAPPS are projected to buzz up in 2020, and as a developer I Know SOLIDITY, Java,, c+, can I build dApps on CREDITS and what are the modalities involved
How do you plan to convince Other developers, projects and solutions to SWITCH to CREDITS for their building DAPPS?
How can i introduce credits to my freinds?? What is the major difference and benifits than other project??
What’s the purpose behind 50000 tps, is it to just boast a greater figure than other blockchains or it really has an advantage. If it does, what’s the advantages?
IBM is a big company, what are the benefits that Credits get after working with IBM?
What are the different computational tools that Credits is about to launch with what are the differences from previous technologies and what are the highlights of Credits compared to previous projects?
What solutions Credits is providing with line “Innovative Lightning-Fast Blockchain for Dapps” how you are different than other Dapps provind projects?
Crypto space is filling rapidly with projects that support faster TPS ,scalability, sharding, security so how does Credits compete with these upcoming projects in blockchain industry?
There are already many Projects which works on scalability with Both Layer-1 and Layer-2 solution ! So, why Credits would be Best choice ?
What’s the Algorithms which are used by Credits for fast , secure and scalable transactions ?
Do you have any more prominent than other crypto? They are projects that were born before and also have a very large community. And what makes you sure Credits project will ensure the features you’ve set out?
How do you protect the identity of users? How do you ensure their safety? (KYC data/ Personally identifiabel info like IP addresses or anything else collected by Credits) etc?
Why do Credits use PoA algorithms but not PoS, PoW, …? What advantages does PoA have over other algorithms?
Will there be any transparency to whom received these top payouts and what were the biggest influence ? Holding amount + time ? Amount of activities ? Amount of votes ?
Credits claims “decentralization” but that word can be relative (e.g. an entity can split into nodes they still control & claim that). Can u offer a provably verifiable proof that Credits is decentralised, trustless & with no dominant party in control?
If external hack attacks come to your chain system, can it damage your system? Or can it change your data?
How often are security audits checked Credits Team?
It is known that currently you only support 21 Dapps, so in the future, which more Dapps will support? What criteria of a Dapp are supported by Credits?
All current projects are concerned with the speed and quantity of transactions. Old projects have also improved their network. So what else does Credits need to bring to investors? Of Credits tokens and what potential future updates excite you to share with us?
What are the key features of the token on which base you attract new users to the project?
How credits and Zeeve are advantageous to each other as you recently had the partnership with each other?
In my opinion, one of the problems that make Blockchain difficult to widely use is high transaction fee, low usefulness and slow speed. So, the transaction fee and transaction speed of Matic like?
Which aspects of Credits have enabled large companies such as Lenovo, Oracle, Alibaba and IBM to be partner with Credits?
How much $CS do I need to be able to staking and becoming a masternode?
What is the current ROI for running a masternode?
And
How many wallets currently support staking $CS?
Can I use Credits to pay for Alibaba services?
Do political issues in China affect Credits development?
How would you rate the potential for #DEFI in the future and why would you launch the Credit project?
A lot of projects always talk about their strengths, while their token or coin prices always go down. As one of the project leaders, do you dare to speak out the difficulties that credits is facing and how long will it take to overcome it?
Have you meet all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?
How do you see the Credits project develop in 3-5 years from now, both business wise & company wise? What are the plans to expand in different regions? Will you outsource the team/skills or keep it centralized and set up offices?
As you have detailed in your website that you provide services of lending, bonds issuance on blockchain, stablecoin unit of account but what if you have an opportunity to make banking sector fully decentralized then how will you transform? because it’s a most expected innovation.
According to you what exactly is the Problem in Blockchain industry that CREDITS is solving?
What steps have you taken to attract a new large audience of crypto and non-crypto users
Why do you believe your mobile wallet service would lead you to the top ? What steps have you taken to get wallet users on board?
currently i am living in Asia, will you open the path to Asian market? To achieve this, what steps will you take ?
• How can I use the Credits debit card? This card is virtual, how could I buy products in my favorite stores?
• Is it possible to transfer money from my Credits wallet to a bank account for example in euros? In this way I can pay for products and services to people who do not have knowledge of cryptocurrencies
If the transactions are zero fee with the Credits Wallet app. How does this project generate income? How is it sustainable over time?
Recently Credits obtained European Crypto license, is there any partnership witk local European bank or local financial institutions?
With the legal credit in Europe, how does Credit team see European countries as a target customer?
Whats Makes Credits Node system special than any regular node in other ptoject?
And how sure you see Credits node in long term?
Recently Credit makes very great move by partnership with Axcess, british bespoke payment solution.~
How does this partnership works and bring value to both company?
Could tell me the specials of Credit wallets app than any regular crypto wallet apps out there?
And did KYC is mandatory to use the app wallet?
How to keep motivated of using Credits platform in the long term? How does provide security to user funds? And how did choose partners for supporting?
How will Credits plan to dominate financial market? Which are the benefits of being a user the platform?
How is CS coin uses for? How to keep motivation of holding Credits coins in the long term?
What Credits can offer to solve the scaling problem that blockchain have? And how to overcome the threat of centralization?
How easy is it to use Credits platform in an existing infrastructure? And how did solve liquidity problem for payments?
When will users stop being afraid to use financial blockchain platforms? Credits want to be a leader in the mass distribution of this technology? By what criteria does choose partnerships to support with?
“Lighting fast” what is currently the maximum TPS in Credits, and what’s the TPS you aim to be able to get?
How difficult was it to become attractive to huge corporations like IBM and lenovo, and what do you think that made them choose credits over any other similar platform?
Credits is a platform with a solid vision and features, yet it was having a slow growth in terms of adoption, why was that, and what made credits take off this year?
Credits has just obtained European Crypto License, congrats! How will this influence the development of the platform and the experience of european users?
It is expected that Defi will take over crypto space in 2020, what ROLES is #CREDITS playing in the innovation and future of DeFi. What do you think about the adoption of DeFi using blockchain solution?
Credits has an interesting reward program! 10k$ monthly between node owners sounds pretty great, How can I start running a node with Credits, and how many nodes are currently active?
How is the profit generated by #CREDITS? And with that profit #CREDITS is planning to give any advance technology to their users to get attracted to the project?
None of all similiar project did well so far; most of them are way below ICO price and other aspects, What makes you think Credits is better and will it sustain in this market?
How will Credits empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world ?
One of biggest problem with DApps is inactive and useless state. People just create DApps but it has no use cases nor contribution to blockchain ecosystem. To prevent and resolve this problem which may happen on CREDITS platform, what will your team do?
Explain the utility of Credits, what’s the real-life use case and application of Credits. Are you focusing on only business and IT solutions or you will spread to other sectors?
CREDITS announced entering into a partnership agreement with AXCESS, can you tell us how you intend using AXCESS technology to adapt and develop new strategies and understanding of the ever-changing world of payment processing?
Do you think by obtaining crypto license in Europe it will helps Credits to accelerate the process of allowing the platform to be accepted for use in a wide range of industries?
You have plan to create a stable coin in your platform what inspired you to do so & what will be the impact of this step for Credits community?
How do you plan to explain such technical topics to a wider audience? How do you plan to show the world that your product is not just another useless blockchain solution to a non-existing problem?
What business models can Terra credit payment technology apply? Are your customers’ businesses or government organizations?
Terra credit has planned to launch Fiat gateways in different countries but sill it is barrier by government and they don’t approve crypto as valid currency. How will Terra Credit face this and solve it?
Staking is great definitely. There’s a trend of launching a network’s own debit card, for example Bnb and some other networks have recently launched their own cards. Are you plan to make Terra Credit debit card? and if yes, what the benefits of it?
Staking is great definitely. There’s a trend of launching a network’s own debit card, for example Bnb and some other networks have recently launched their own cards. Are you plan to make Terra Credit debit card? and if yes, what the benefits of it?
When building a project, in addition to focusing on its products, it must give it a name attached to the project. So, why do you nameTerra Credit as the name for your project? where did that idea come from?
What are technical challenges in implementing Block-chain infrastructure, especially your project Terra Credit in support of digital currency $CREDIT Coin being formally accepted by the National Banks?
With the threat of COVID 19 affecting all businesses all around the globe, how will it impact the operations of the Terra Credit team and the future of the $CREDIT Coin? Are there any measures being taken from the Terra Credit team?
Would you agree with me that adoption and utility are key factors to a project’s survival and success? What’s being done to drive global adoption of Terra Credit amidst crypto regulations, legislation, and competition?
With current strength of token in the ecosystem as larger what do you think it could be the value of $CREDIT Coin project in the future? And what is beneficial factors or guarantee factors for the investors to know your $CREDIT Coin will be of best in the crypto space?
After many startup projects in many different fields, why did Terra Credit choose a Cryptocurrency and a decentralized digital payment solution for the world’s unbanked adult population? What are your biggest challenges and your biggest strength to overcome those challenges?
Recently due to covid 19 virus the world economy is going down, and it also crashed our crypto market, Does it affect on Terra Credit Project?
Do you have any plan to overcome from this situation ?
What is your progressive plan to ensure that project remains relevant & valuable in the next 5 years, in terms of adoption and use-cases ?
What is the vision of Terra Credit in the era of Blockchain technology?
Why does Credits pay attention to the concept of BFT and PoA (Proof of Contract) infrastructure?
What are the importance and advantages of these 2 protocols for Credits?
How is the information stored in the loans infrastructure stored and how is it protected? How did you build the privacy and security infrastructure used in this unit?
249.471.071 Credits. Is all this amount in circulation? Do you plan to use some of this amount for partnerships and advertising expenses?
As of now there have been many blockchain related projects come and gone, what are the special and unique characteristics of #CREDITS that make it different from the others, that make investors and users decide to invest into it?
How will Credits empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world ?
Explain the utility of Credits, what’s the real-life use case and application of Credits. Are you focusing on only business and IT solutions or you will spread to other sectors?
How does Credits’s technology enable instant no-fee payments and remittances worldwide and does that make you competitor with XRP?
What are the precautions taken and the way you take against the negativities that can be experienced in online payment systems, Can you control the payment infrastructures you have integrated?
Are you looking for developers that can help detect vulnerabilities and system negatives for your system, Can you give information about this event?
What are the advantages of autonomous smart contracts used to store transactions on the network?
What is your business model?
What is the potential of Credits to hold in the long-term?
How Credits Solves regulatory challenges because in some countries bettings are restricted?
Do you plan to approach dapp developers which caught your interest and try to bring them to your platform for mutual benefit to expand Credits more rapidly?
Credits uses the Lightning Network. Is it possible to accept Lighthouse BTC and LTC in the Credit wallet
What kind of mistakes or lack of action expiriences have Credits team did learned during the last 2 year of project that can justify the drop of CS price?
Why Igor became absent or stay away from community this year? In 2019 he used to promote a lot Credits in Twitter, participated in videos and conferences and also in Telegram Blockchain CS and publishing several partnership.
Please tell us about your cooperation with such an advanced company as IBM. What has already brought and will bring this cooperation.
Why Credits didnt prepare a list report updated about all partnership done in the last 2 years to inform which ones is still runnning and have potential to make Credits grow up? What expectation holders can have for the next 6 months from partnership that is still running?
Communities is very important in order to makes impact on more addoption.
How many communities do you have now ? What kinds of support wants from the community?
thank you for sharing with us
So what are the strengths of the protocol compared to other projects?
We know that provides a secure platform. However, every application that requires storage in order to be used properly. In this case, this data storage is How to store, is it centralized or have other options? And what about if there are storage problems in the main network?
One of the best part of credit technology are high network capacity , fast transaction and low fees from 0.001 USD.
What more plans does credit have in the future to make it different ? Also is it possible to maintain that amount of fees for users always in the future?
We heard about all good news along the years…such as collaboration with Lenovo, IBM…and so on. But we NEVER heard any real update from those big collaborations… Could you please update for each of them?
We all know $CS is the most scalable and the fastest blockchain on this planet, my question is how are we going to get 1mil users onboard what is the strategy to achieve that target?
Hi @igorchug Conrats for the Great work so far! Long time investor here 🙂
Can you please elaborate a little more on the plans to implement delegation and staking pools, so holders with less than 50k $cs can also participate in the consensus mechanism and also have a chance of being rewarded for participating. This is VERY important for the large majority of the users / investors / token holders given that staking is currently one of the hottest attracting things in crypto projects and people currently tend to give preference to holding those assets.
Thanks
One of the Solution of the Problem of Adoption that many Projects Face right now, is doing some LOYALTY PROGRAMS and making some Platforms that change the current approach to a set of Marketing strategies.
What is CREDITS PROTOCOL plans about this?
Can you showcase the UNIQUESNESS and the FEATURES of Credits in terms of LIQUIDITY,OPERATION,
TRANSPARENCY
Multifunctional Infrastructure and Security?
The community is very important to make an impact on the progress of more Credits. How many communities do you have now? And what is your strategy for attracting more community?
Do you have any plans to attract non-crypto investors Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around non crypto space?
You have distributed 10000$ among network node owners recently, If I want to be a node owner, How can I do that? Please explain
“Credits Obtained European Crypto License” what is the effect of this achievement to the project’s development? What is the greatest achievement of credits in point of your view? and also what will be the next target achievements?
Southeast Asia is a very challenging market and many are competing campaigns here to attract investors, users and grow, with credits do you see how Southeast Asia is and do you plan to develop & update here?
For creating DApps, Why should any developer choose Credits instead of any other Blockchain? What are the additional benefits are provided by Credits than other Blockchains?
What are the requirements for receiving rewards from the Node Reward Program?