We are pleased to announce our next AMA on February 2nd 2021 at 02:00 PM UTC Time: Satoshi Club x Roxe Chain
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Roxe Chain Telegram group
We will have the following structure:
Part 1: 100$ /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$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Roxe Chain Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Roxe Chain
For more details:
Roxe Chain – @RoxeGlobal
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Do you plan to introduce a system of cashback or other rewards for regular customers?
can you tell us a little about $ ROC? in private token of the network ETH, BSC, TRC, etc? and how is the equity with respect to $ DO?
I saw that you launched a Supernodes Partner Program, could you tell us more about it? What does someone need to be part ot that program? Why should I join Supernodes Program? What befenits does this program give to the people who joined it?
Roxe Network will work with banks, which banks will be working with you initially and from which countries? What plans do you have to include more banks on your system network and when will we start seeing them joining you? how many countries are you aiming to connect this 2021?
Roxe Network will offer a lot of innovative features to your users, will any of this services be restricted to membership access only? Will Roxe have this kind of thing where they offer standard services to normal users and other ones to some kind of VIP members?
Roxe is a next-generation, open global payment network. Roxe uses blockchain technology to unify fragmented global payment systems so that payment and remittance companies, digital asset exchanges, stablecoin issuers, banks, and consumers can make the fastest, least expensive, and most reliable payments anywhere in the world.
I saw these icons on your site but did not understand their meaning (Risn / RPP / RSS). Please explain what the icons are and how they work with the Roxe project.
The retail payment industry has gone through three generations of evolution: (1) cash; (2) bank cards; and (3) mobile payment. China and some emerging markets are already in the third generation, while the European and American markets have achieved mass popularity in the second generation, and the global payment market serves all three of the coe-existing generations.My question is, does Roxe Enterprise use credit cards linked to my bank account
Roxe App is a decentralized consumer smart payment app that will allow users to make instant payments and remittances with multiple fiat currencies across different countries and services, what are Roxe App services?
In how many ways does your project generate income? What is the revenue model? How can it be of benefit to investors and the project itself?
RoxeChain is still relatively new, usually people will hesitate to use it because there are many decentralized networks that are more reliable. give us a reason why RoxeChain will be the best?
How do you convince users and investors to believe that your project will be able to grow and succeed. Who is your team, what is their experience?
Hello sir
✅ Increasing Token price
✅ make Token Valuable
✅ Building Community Trust
From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??
How will your project generate profits / income to sustain your project and what is the revenue model? How will it benefit your investors and your project?
Your project development is really commendable. Let me know how can you survive this longest market and keep building and growing as many projects are dead and scrapped during this time period?
With the economic crisis and outbreak due to Covid-19, What difficulties does your project have? What has been done to maintain growth, strengthen investor confidence, and community support?
Could you give me 2 or 3 key points to convince me and other angel investors invest in your project in long-term?
Where does the project name come from? What does it mean for you and why did you choose that name for your project?
How do you plan to spread awareness about your project in different countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?
Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?
Who is your investor? How do you generate revenue to sustain the project? What are your goals to the end of 2021 and beyond?
With the recent economic devastation caused by the CoVid-19 pandemic, what business strategies has Roxe Chain employed to stay afloat and push its platform to more places in the world? What are your main business objectives that you will be working on to expand your cross-border payments model?
Recently, Roxe Chain Foundation has launched a Supernodes partner program to drive a new paradigm for global value exchange with the American continent. How can users become part of this protocol and become a Roxe Chain Supernode? With this protocol, how will you streamline the way payments are made within the platform?
How efficient is the cross-border payment platform that Roxe Chain has developed? Are FIAT currencies supported within your payment protocol so that it is adaptable to the country of origin or destination where the payment is made? Is it possible to convert and exchange my crypto for FIAT and vice versa to make this type of payments?
Roxe Chain Foundation has launched the Supernodes partner program, in which companies wishing to become a supernode on your platform can apply. My question is: do you have any plans for this program that you have launched today as an institutional proposal to also have a smaller scale version where an individual can become a node of your system, or for the moment, only companies will be able to participate in this concept that you are proposing?
I am very struck by the fact that DO is the first “central bank model algorithmic stable coin”, when one of the reasons that people have to venture into cryptocurrencies is to flee from the influence of central banks. I would like to know: what exactly is Roxe Chain referring to when you say that DO follows a model similar to that of a central bank, and how do you achieve such algorithmic stability?
The fragmentation of the global financial market causes a lot of problems in platforms similar to Roxe Chain. What design does Roxe Chain use to solve these fragmentation problems and how do they support applications designed for payments?
Today, global payments are slow and expensive, backed by centralized and obsolete global payments, how does Roxe change or revolutionize the traditional market and accelerate the negotiation and payment processes through crypto?
Building a large-scale platform capable of connecting 160 countries is a challenge that requires a lot of capital and investors. Who are Roxe’s main investors and what has been the investment management they have carried out for the construction of this platform?
The Roxe Chain ecosystem is designed to use two digital tools, Roxe Cash (ROC) and DO. Can you give information about the technological structure and functioning between ROC and DO in a way that every user can understand without going into too much technical detail? Could you also summarize the financial returns to investors by holding ROC tokens?
Roxe is a PERMISSIONED BLOCKCHAIN that uses Graphene technology to power third-party global instant value exchange applications. How is Graphene technology applied in your protocol? What improvement has it brought and how do you cope with the high bandwidth requirements of this type of innovation? Considering the fact that Graphene Technology itself is an open source blockchain, why did decide to be a permissioned blockchain when most decentralized protocol are going open and permissionless in order to gain trust? How are transactions validated in a closed network just as yours?
I read in the medium that the DO family of stablecoins aims to be fully decentralized. why do you think its important for fully decentralized while tokens remain stable? Is there anything else to consider so that stablecoins must be fully decentralized?
Can we find out which country RoxeChain is from? and how do you prepare permits and regulations to support your services? Since Roxe Chain’s vision is to open the barrier between traditional and digital finance, I think this aspect is important.
The cross-border payment services that you offer is similar to the one provided by Ripple. However, the Ripple payment system has some limitations with compatibility with traditional finance as it requires banks to adopt and hold XRP as intermediate currency which could further create complaince challenge for banking institutions. How does Roxe address this and ensure seamless and quick integration with traditional bank partners during payment? Also, since traditional banks are less interested in price volatility as this may affect smooth operation, what innovations have you created to ensure this will not be an impediment to Roxe cross-border payment done using traditional finance?
Roxe Chain uses a somewhat unusual aBFT-DPoS consensus algorithm. What is the speed of this algorithm when making a confirmation and how can this improve the speed of Roxe’s consensuses?
I don’t know what benefits Graphene technology generates in Roxe’s architecture, why does the Roxe platform use Graphene technology and how does this benefit Roxe’s decentralized vertical applications?
cryptocurrency and wallet trading platforms almost always have independent economic and technical systems, which prevents value from flowing freely. How can Roxe Chain create an open and inexpensive connection with existing value systems?
Increased partnership with local and global blockchain/finance institutions will help in bringing more attention to Roxe Chain and will also help you to build more innovative technologies. However, your last partner, Mercurity Fintech Holders, a Global Fintech company was announced in October 2020. As a globally focussed and cross-border payment service, how will Roxe Chain ensure more partnership and international collaborations so as to improve spread and ensure more cross-border global adoption? How do you intend to integrate more community participation and create more project awareness?
Roxe Chain aims to provide a solution to unlock and move value faster anywhere, anytime without the burden of intermediaries. Does it means your payment methods are available worldwide? What are this project jurisdictions with Fiat payment methods?
I just read in a medium article that $DO stablecoin is inspired by a central bank model, that’s interesting due to the main decentralized philosophy of your vision and mision, what consists of this inspiration?
Many users still do not understand how beneficial nodes are to generate income since they see it as a very technical and boring subject, what is your plan to generate a greater number of nodes and what profits can these nodes generate when working with ROXE CHAIN?
The exchange idea that you offer is interesting but I have seen that in some platforms offering a simple and understandable design is not taken into account. How is ROXE CHAIN designed? Is it a platform more adapted to an experienced community or market or is it for any user?
cross-border instant settlement is a market that is rarely used by applications today. What exchange mechanism does ROXE CHAIN offer and how do they make it adaptable to all asset classes?
The biggest problem of cryptocurrencies that try work with traditional finance, It’s their impossibility to connect or work with banks, so can you explain how Roxe solve these issues?
Roxe chain technology works with the usage or different nodes models, so can you explain how many nodes Rice chain is able to support?
Rice chain requires any personal document or Know your customer process to operate? Considering that basically allows to send money freely around the world?
Be honest and realistic, what do you think about the current cross-border payment system and why Roxe chain is the future to this Field?
Roxe Chain uses smart contracts called “WASM” to generate good levels of scalability, tell us about these contracts. What contributions do these contracts make in terms of scalability and how does this contribute to achieving greater independence in Roxe Chain?
I have read on the Roxe Chain website about high performance levels, there is a paragraph that made me curious. What is Graphene Technology and Region Technology about performance? What effects does the union of both technologies have on the transfer speed?
In one of the Roxe Chain sections I read that they use a counterfeiting mechanism to increase the speed of transactions. How does this counterfeiting mechanism work on transactions and how fast can transfers be thanks to this?
Does your platform have plans to list ROC token in some major exchanges in the near future wether it is Centralized or Decentralized?
Roxe Chain have 21 supernodes that join the network to provide the computing power and bandwith that work for the entire RoxeChain Network..What are the safety precautions that you are implementing when a supernodes initiate a downgrade condition?
What are the advantages of utilizing/implementing Graphene Technology and BFT-DPOS consensus algorithm in RoxeChain?How does it work in RoxeChain Ecosystem?
You mention that ROXE is an “authorized” blockchain that uses Graphene technology, but do you really have functional blocks that are not authorized? What is the entity that authorizes them to operate?
Roxe really looks totally perfect, it has great functions and at the same time great simplicity, but is its operation fully verified? or will they first make a beta version to test the operation?
You mention that the current multiple exchange platforms have financial systems and technical reversals that prevent value from flowing freely, but is that really true? If in different Dex exchangers the transactions are in seconds, with Roxe Chain could they be even faster?
With the Roxe chain, only simple and decentralized exchange platforms could be developed, right? or really its characteristics adapt to any type of Dapp?
Could you give us a little more details about the characteristics of Graphene technology? what are your advantages and disadvantages? and does it have the ideal characteristics that Roxe requires?
Does Roxe Chain really have interoperability between all the various chains? It is already fully verified with each chain, or will you really gradually incorporate new chains?
Could you really explain a little more about the “21 supernodes”? Is it really that amount of supernodes that will be allowed to operate in Roxe Chain? And also, among those 21, how many users could be part of them?
Why does Roxe Chain mention, which was developed to provide instant cross-border settlement? Is it really different that it is Cross-Border to that it will be decentralized?
How will Roxe Chain accomplish its mission: “allow the world to move value more quickly and economically, anywhere in the world”. With the help of Graphene Roxe Chain technology will you be able to achieve this?
How can Roxe Chain solve the problems caused by the fragmentation of the global financial market? What are some of these problems? And what is the backup ecosystem they use?
What are the processes that Roxe Chain uses to establish an efficient value exchange mechanism that accommodates all asset classes? Really closing the gap between technology and value will achieve an open and economic connection?
What are the benefits of using the aBFT-DPoS consensus? Are the algorithms within Roxe Chain really high speed? How do they achieve this speed ?
Why within Roxe Chain is there a limit of a maximum of 21 “supernodes”? The benefits of this reduction are to guarantee efficient operations for the entire Roxe Chain network and higher efficiency and anti-fork attributes?
If for some reason Roxe can’t connect to my bank account, is there any other way to withdraw the money they have sent me? Don’t they have a credit or rechargeable card service to use at ATMs?
If I want to store my money in Roxe, can I do it in any currency or cryptocurrency I want? How many options do you have? Do you charge any commission for exchanging from one currency to another?
Is Roxe really compatible with the traditional financial system? How do you get my money to my bank? Aren’t there any policies or regulations that need to be approved first?
Nowadays some Applications are offering CASH BACK for using their App. So in your platform, is there any EARN CASH BACK you offer to your users in using the ROXE APP? If so what’s the details & how it works?
RPP (Roxe Payment Protocol) is built on Roxe Chain, a hybrid blockchain purpose-built for payments. So what is the advantages of RPP in using Automated Market Maker (AMM) to provide liquidity and How different is it from a traditional order book?
Roxe ID is the unique account ID used for quickly sending and receiving between any payment platform, bank, or wallet that is connected to the Roxe Payment Protocol, it can also identify the same user in different nodes. So may we know what are the types of network nodes ROXE has? Also explain each with their role in your platform.
Roxe is a next-generation, open global payment network. What do you mean by next generation when it comes to payment system? What are the new and creative ideas that a next-gen network like yours will introduce to the payment industry that will revolutionize the said market?
We know you must have sufficient liquidity for your system to function flawlessly.
What mechanism did you prepare to encourage liquidity providers to provide more liquidity to the system?
There are so many projects that only exist for a moment “die on the road, traumatizing investors with new projects”. My Question, How can the $Roxe project survive, continue to grow & in what ways do you convince investors that this project is very promising?
Can you tell us how $Roxe token holders benefit in the ecosystem and what power within the governance model individuals have? Why is it so attractive and what are the basic requirements to participate?
Can you explain what is Graphene Technology that Roxe Network will use to serve the consumers? What are the companies that already using this technology and what is its different from the ones that already existing and being use by payment service providers?
Any smart contracts on Ethereum can run on Roxe Chain. What about other Blockchain, will they be able to use Roxe Chain service? When will this be available?
What are the solution will you gives to your users for better investment?
How do you ensure good data is being put onto the blockchain by participants?
Time for each transaction is clocked at less than 24 hours with a transaction fee of about 1.5% from the example given in the site. But in the era of blockchains where using USDT TRC as an example, time is less than 5 mins and the fees are way lower. I’m hoping that the time and fee is something that you guys are working on to improve, and is your service truly global like it can be found everywhere including Africa?
Which countries are the main markets that Roxe chain is focusing on now?
We all known in business reputation and a good name is everything, so how does your company plan to compete with already established companies like PayPal? What advantages does your company offer that others do not?
Talking about DeFi application’s exposure to cyber security threats and risk. InsurAce intend to to adopt the best practices in the industry like the Smart contract audits, deploy up-to-date security solution etc. How and what model of security better than other DeFi apps will be implemented to guarantee investors trust in your protocol?
The system architecture built using Graphene technology is ideal for vertical decentralized applications and horizontal expansion … This begs the question, do you have any diagonal solutions?Can you explain what “High Concurrency” is in other words to make it clearer why this is an advantage of Roxe Chain?
I found information that the number of supernodes cannot be more than 21. What are the reasons for these restrictions? How many supernodes currently support the network’s operability and what other types of nodes do you have? What rewards are provided for each type of nodes?
Looking at high concurrency advantages of Roxe chain. Graphene technology is a disruptive technology that helps to open up new markets replacing existing technologies or materials. How does Graphene technology correspond with building cross-border instant settlement? Application areas of graphene include transport, medicine, electronics etc. What aspect of the financial market will Roxe chain explore with building an architectural based on Graphene.
Daollar Stablecoin Protocol – what is it and what is it for? I saw you have three tokens DO, ROC and roUSD. It is logical to assume that exactly roUSD is a stablecoin equal to the US dollar. In terms of collateral, your stablecoin looks more like USDT with their magic printing press, USDC a secured dollar, or perhaps a DAI? Or will you surprise us with something new?
What is community mean to Roxe Chain? Do you have program that still ongoing now related to community like ambassador, bounty, or airdrop?
Staking ROC is required for the operation of Roxe Chain supernodes, usually other project staking coin will get reward but in Roxe chain staking only use to activate your platform? Is there any other benefit that we will get from Staking ROC?
I read on your medium that Roxe Chain already have mobile application and possible to do deposit and make payment, but can we use it on any country for this application? And how is your marketing plan so Roxe Chain become well known and people start to use your application?
You say: Send cash and payments faster, cheaper, and more reliably with the most advanced cross-border payments platform.
How do you cope with the fact that there are states where services for international payments impose various restrictions?
Roxe: A Next-Generation Global Payment Network!
Fast payments and transfers, a mobile app and even cashback! Everything is fine. But have you thought about issuing a plastic card with the ability to settle on it and withdraw cash?
Most payment systems do not cooperate with each other. There is a problem of transferring money between different payment systems.
In this case, I will have to use the currency exchange services.
Have you faced a similar problem and how was it solved, or not solved?
Can You Explain me More About SuperNodes in Your platform? How does it works?
If We lose Our Secrete Key in other chains and wallets, our wallet is not recoverable.but in Roxe Chain, “Roxe Chain provides a secret key recovery mechanism” How does this works?
in the website i see utilities Speed using aBFT-DPoS consensus, can you explain how about that, this program to reduce fees or just speed transaction?
What’s x roxe chain all about?
Could you give us more information about the roxe token distribution? Is pre-sale option available, can we buy it from an exchange? Also, tell us about the burning program of roxeglobal