We are pleased to announce our next AMA on December 22nd 2020 at 04:00 PM UTC Time: Satoshi Club x Coin
⚠️Click to see the hour
⚠️Total Reward pool: $600
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Coin Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Coin Team will select 10 questions and answer them.
Part 3: 400$ – A quiz about Coin
For more details:
Coin – @coindefi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
After mainnet launch. What is the marketing strategy to bring more users attention to Coin?
The AI powered assistant that you’ll provide seems to be a game changer. Can you share with us how will it work, how will it benefit the users and if it’s powered by blockchain technology?
1. With COIN having a target audience same as coinbase, how does COIN plan to onboard new users who do not know how to use an eth extension, such as metamask?
2. What is a detailed marketing plan for after the mainnet release?
1) is there hardware wallet integration planned for $COIN token ?
In Coin Wallet, is there any token that is not supported by it? Also in sending transactions, how is it different from other wallets in terms of speed and fees?
Coin Exchange is protected against any hacking. How can we assure about this? Is there any insurance for it so we cannot be worried about our funds?
Do you have any plan to build a mobile app on this project? And then what activities and features in the app?
What’s the features in your project ? Could you exlpain it ? What’s the unique one ?
There are too many project at crypto. Do you have any business partner in your project to handle it ?
Question: I love the simplicity and easyness of the demo that you show. Only for me personally it would absolutely NOT feel safe to make transfers on any website in any possible field whatsoever, it would be way better to keep the Coin Defi App only as a browser extension and to click it (and keyboard shortcut) top open and have a pop-up just like MM and make the transactions from there. It won’t only feel alot safer this way but I think it will also become pretty annoying when you try to purchase something from a website or do a search in a searchbar and maybe the AI immediately thinks you want to do a transfer orso.
Question for the team, would it be something to work together with the Orion Protocol? As they get direct liquidity from all possible CEX and DEX’es?
Or should they be seen more as a competitor for Coin Defi? I dont really think to see them as a competitor as I think Coin Defi is more aimed at making payment transfers through crypto more easy for the less tech savvy individual?
Can you tell us about the motivations and benefits for investors to hold tokens in the long term? What plans do you have in place to help drive demand and token scarcity?
“Quite simply, Coin Exchange is a P2P cross-chain decentralized cryptocurrency wallet, exchange, and AI assistant that is powered by atomic swaps and artificial intelligence.”
what is the different of your wallet between other popular wallet like trust wallet, exodus, coinbase wallet and others ? Are we able to trade directly with other users with coins wallet ? how does coins wallet match the buy-sell order among users?
I like it very much that there will be no kyc or user data storage involved, although I don’t quite understand how will it work. If there will not be enough users on the exchange, who’s going to cover the orders? If i want to sell BTC no there are no people willing to buy it, what’s going to happen in a situation like this?
I noticed a lot of p2p transactions take time, have your platform found a way around the time constraint? Or what is the average estimated time for one p2p transaction?
We can earn $COIN by providing liquidity to the network, so my question is how do we provide liquidity, through ETH, USDT or other? What was is the ROI for liquidity providers?
Your revenue model is based on the revenue generated by the 1% exchange fee. Will this fee be charged on each transaction or only on certain types of activites?
Coin is a decentralized cross-chain P2P wallet, exchange and assistant with atomic exchange technology and artificial intelligence. What are the advantages of using an AI in a P2P exchange platform? What processes are automated in COIN with this model? What are the advantages for users?
P2P exchanges in COIN occur using atomic exchange technology. How does this translate for users? Does this atomic exchange reduce gas rates, or does it increase the speed of operations? What are the strategic advantages of this DEX model?
COIN has a browser extension that works in the background while browsing the web. What are the advantages of this extension? Is it compatible with any browser? What is the impact of this extension on COIN and its operations?
One of the problems that you’ve identified within the crypto industry is related to the usability & user experience and how difficult it is for users to leverage the technology. Which would you say are Coin’s core main features that are *specifically* aimed towards tackling this inherent users’ experience “minefield”, as well as creating a seamless user experience for the average person?
I find that another feature that makes Coin Defi’s technology interesting is the additional AI layer you’re providing to Coin users. According to the official source of information based on the business plan and whitepaper, the AI assistant aims to transform the user experience, simplifying it and enabling users to get information and insights on their portfolio, the market, and the industry, easing out the learning curve.
I get that the AI will have a prominent counseling role, but does that mean that the assistant will also be full-fledged & configurable to automate trading (for example) and executing operations in the user’s stead as well? What kind of customizable features/options will more advanced/techie users be able to perform and fine-tune?
It appears clear to me that Coin’s value offering is mostly geared towards smoothing out the onboarding process of the next generation of users/consumers in the crypto industry – by assisting them when it comes to user experience and by providing tools to foster crypto education and ease the learning process in the crypto universe.
Does that imply that the fewer, yet more advanced/financially literate users will reap fewer benefits from utilizing your services/products? Or are you also designing tools to favor their onboarding process on your platform as well?
According to Your Article long term liquidity will be facilitated …. using on-ramps, off-ramps and additional decentralized and centralized liquidity pools.. Defi enthusiasts are familiar with Decentralized pools.. but not with centralized pools so what Centralized pools will you be adding and how will this pools differ from Decentralized pools.. and what value do you think the addition of Centralized pools will bring…
Your Token liquidity offering on Trustswap was oversubscribed, and as a result offering was only available for SWAP (> 2000) holders…. Various countries including the United States were excluded from this offering… If At the early stages of your journey, $COIN™ was deemed as a security and registered offerings with the United States Securities and Exchange Commission… why then Was United States and other countries Excluded from this offering… do you also intend to have similar registrations with other Securities and Exchange commission in other regions..
On your Pitch deck i was attracted to the idea of “grammarly for crypto”.. which will bring in smart recognition with contextual data and alerts with AI to help users save time and money… how will this be implemented, what features are you developing to implement this “grammarly for Crypto” as you called it… what kinds of data will this work with and how will this help users save time and money….
– COIN says you can’t steal from an exchange that doesn’t keep the funds, so my question is how do you keep the LP funds? Can these funds be stolen due to a mistake in the smart contract?
– Why did you decide to create your own wallet for COIN? Can you store any kind of cryptocurrencies in that wallet or is it for ERC20 tokens only?
– What will be the most important characteristics of Coin Wallet? Will it be available for both PCs and smartphones?
I understand that the money of each user follows it on the Internet and only he can access it, this means that each user can have only 1 wallet in COIN that will be associated with the IP of the network? or can you have multiple wallets?
The $ COIN tokens can only be exchanged in the P2P HTLC? Or do you also plan to list it on multiple DEX and CEX exchange platforms?
How many tokens do you have available to exchange on your COIN platform? and do you have any system of verification and authentication of scam tokens? or are they just listed only those found in Uniswap?
We all know that conventional P2P are totally free of fees, is it the same in COIN’s P2P? If so, then how do liquidity providers and holders get $ COIN tokens for fees, the fees for which transaction?
How important is artificial intelligence in HTLC contracts? Is she alone in charge of advising and guiding users on how they should carry out operations? or can it achieve much more?
There are really many P2Ps that are really reliable, such as that of the binance platform, which blocks and penalizes users who do not comply with the rules, what difference does the P2P of COIN have if funds are also blocked? just that it is decentralized?
I understand that for all DeFi lovers they see centralization as a big problem, but why is it really for COIN? Why are the lack of real property and the risks of censorship really a problem for the financial world?
Coindefi is powered by Atomic Swap, so can you describe more about your collaboration with Atomic Swap? Why did you choose to collaborate with Atomic swap? What advantage did you foresee with Atomic Swap? What are the win-win benefits and merits for both parties? Thank you
It’s quite practical to have an extension on Google Chrome but I’m a bit scared (and I don’t think I’ll be the only one) with the issue of user privacy and Google Smart. Isn’t there any risk in Google being able to access our Coin account?
How sophisticated is the artificial intelligence assistant? Will it be able to grow or learn new procedures over time?
Is the Coin extension only available for Chrome? How about Opera, Mozilla Firefox and Safari?
In your coin comparison chart with the most famous CEX and DEX do not compare the issue of usability. Is it more, or less intuitive than the competitors? A user new to the world of cryptomonics could easily understand how coin works?
What is the direct contribution of the income from the Coin Exchange platform to stakes with the staking rewards program and how will the growth of the Coin ecosystem as a staker mediate the chance to win COIN?
How are the staking rewards of the coin calculated through the COIN in the staking reserve and how will the smart contract determine the ratio of the new staking reserve balance to be unlocked for distribution each month?
How will the staking reserve be renewed with COIN buybacks and how will the increase in the usage rate of the Coin platform be reflected in the COIN rewards?
In the Welcome video in your youtube channel, you stated in the last part of it that “Crypto is trying to destruct finance and Coindefi will going to destruct crypto”. This statement is such intriguing, so can you elaborate more about it? Idiomatically, how will Coindefi destruct crypto? Literally ,how will you make it possible? Thank you
Liquidity providers and $COIN holders all earn fee revenue. What kind of revenue will holders recieve when they keep their tokens and where will it came from? Is there any special task to be done by $COIN hodlers to enjoy this very enticing offer?
You’ve missed to execute some of your activities today like the launching of Coin Exchange Mainnet and other important milestones. Have you not counted the impact of the pandemic earlier and why are you attempting to accomplish all of them on just one date? Isnt it more exciting for a community to see you launch and executing important events weekly or monthly.
On your website, there is an “Request an Invite” tab. What do this Invitation supposed to be?
I want to ask about your airdrop. In website it said airdrop only for existing ‘COIN’ holders but why TRUSTSWAP said the airdrop ‘COIN’ is only for SWAP Holders? Which one is true? Can you please explain?
Hello, ‘COIN’ MainNet should be launching on 21st Dec but now it is postponed to 28th Dec. Can you please explain what is the problem so it must delayed?
On your twitter, there are an article which compare the benefit of COIN Exchanger with other DEX/CEX out there, its good but an exchanger also have big weakness and that is about security. How did COIN exchanger make the user believe that COIN platform is safe? Is there any insurance?
If you want to make God laugh, tell him about your plans. Guys, a what happened? Why December 21 was not a holiday? So many things were planned and here is a disappointment … Last Tranche of Token Distribution for the TrustSwap Liquidity Offering
, Coin Exchange MainNet launch,
Coin Exchange Browser, Extension and AI Launch
$ COIN Utility Token upgrade for existing token holders,
$ COIN Staking smart contract and program
$ COIN Token burn (~ 7M),
$ COIN Airdrop bonus for previous token holders … When will we see all this now?
1. With COIN having a target audience same as coinbase, how does COIN plan to onboard new users who do not know how to use an eth extension, such as metamask?
2. What is a detailed marketing plan for after the mainnet release?
Can you tell us about the motivations and benefits for investors to hold tokens in the long term? What plans do you have in place to help drive demand and token scarcity?
I like it very much that there will be no kyc or user data storage involved, although I don’t quite understand how will it work. If there will not be enough users on the exchange, who’s going to cover the orders? If i want to sell BTC no there are no people willing to buy it, what’s going to happen in a situation like this?
I understand that the money of each user follows it on the Internet and only he can access it, this means that each user can have only 1 wallet in COIN that will be associated with the IP of the network? or can you have multiple wallets?
Hello, ‘COIN’ MainNet should be launching on 21st Dec but now it is postponed to 28th Dec. Can you please explain what is the problem so it must delayed?
I want to ask about your airdrop. In website it said airdrop only for existing ‘COIN’ holders but why TRUSTSWAP said the airdrop ‘COIN’ is only for SWAP Holders? Which one is true? Can you please explain?
Quite simply, Coin Exchange is a P2P cross-chain decentralized cryptocurrency wallet, exchange, and AI assistant that is powered by atomic swaps and artificial intelligence.”
what is the different of your wallet between other popular wallet like trust wallet, exodus, coinbase wallet and others ? Are we able to trade directly with other users with coins wallet ? how does coins wallet match the buy-sell order among users?
I noticed a lot of p2p transactions take time, have your platform found a way around the time constraint? Or what is the average estimated time for one p2p transaction?
1. With COIN having a target audience same as coinbase, how does COIN plan to onboard new users who do not know how to use an eth extension, such as metamask?
2. What is a detailed marketing plan for after the mainnet release?
Question for the team, would it be something to work together with the Orion Protocol? As they get direct liquidity from all possible CEX and DEX’es?
Or should they be seen more as a competitor for Coin Defi? I dont really think to see them as a competitor as I think Coin Defi is more aimed at making payment transfers through crypto more easy for the less tech savvy individual?
Will it be safe to start staking straight away once Mainnet goes live as the contracts are yet to be audited? Will us as stakers be covered if there was a breach of security if we did stake whilst we wait for audit results?
How are you going to challenge future competitors successfully copying your concept?
What are the benefits for $ COIN holders, Apart from that, what are the plans for $ COIN to keep prices stable and so that we are more interested in $ COIN ?