We are pleased to announce our next AMA on August 9th 2021 at 05:00 PM UTC Time: Satoshi Club x Swaperry
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Swaperry Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Swaperry Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Swaperry
For more details:
Swaperry Website – swaperry.com
Swaperry Telegram – @swaperry
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I could find that,swaperry is planning to bring stock trading to the decentralised exchange.Which all stocks can be expected ? When can we expect the tokenised version of the stocks in the Dex?Will the users get the same shareholder’s right as in the traditional stock market?
@Swaperry claims to be the 1st project featuring advanved trading features in a totally decentealised manner.
Could u tell us about the governance system of the platform?
How does it differ from other exchanges like Binance & coinbase?What are the gains for the devolopers here?
The platform offers a friendly and hasslefree experience for the users,by not making KYC mandatory.Then how will the system cope up with fraudulant activities?
How can the users be confident about their fund safety?What are the other security measures implemented in the platform?
Other than the obvious reasons of low gas fee and speed of transaction,why was polkadot chosen over eth or bsc?Also simce there are other Dex on polkadot system,what are the uniquw features of swaperrydex,which will prove vital in the longrun?
Features like cross-chain support, limit order, stop loss, margin etc are already introduced in many Dex in the past.
Then why should a user be interested in swaperrydex?
What unique features does the dex have,which will bring new as well as established traders to the platform?
On Prediction Trading, how could I join pools that Predict the direction of an asset price and win a share of the big pot, along with lottery jackpots? The advanced CEX- only features like limit order and prediction trading, having been thought from the ground up in order to function and scale, what are the assurances that Perry Token will favourably compete with other Structures ? On Trustless cross-chain migration cryptoasset from any block chain on to Swaperry how could an investor successfully makes such a migration, and are they charges for such migration and at what rate?
What is the difference between Seed sale 6%, Private sale 20% and Public sale1%? By alloting 20% to private sale, is it not monopoly? Contrary to it’s claim on decentralized distribution, and public sale just 1% alottment, how does this kind of Token Distribution be of great investment yield returns to the Ecosystem?
On Perry Token Distribution, Private sale is 20%, Public sale 1%, Marketing & Listing 9%, Teams 15%, Ecosystem 7%, Liquidity 19%, Foundation 18%, Seed sale 6%, with this structure of distribution, don’t you think it is structured mainly to benefit the Teams 15%,much more than the ecosystem 7%? What is difference between Teams and Advisors, are they not one and same people? And what is the difference between Foundation, Teams and Advisors?
While DEXes saw huge increase in usage the past few years, CEXes are still producing most of the trading volumes, because DEXes come at a price: 1) transactions are often delayed and slow, 2) most DEXes do not offer cross-chain trading, 3) user interface is more confusing, 4) advanced features like options, limits and margins, are non-existent. Of those four limitations, which one has the highest priority for Swaperry to solve? How does Polkadot help Swaperry overcome those limitations?
I did read that the CEO of Swaperry spent the last 4 years working at Google, and a few more years before that at Facebook. What fascinated you so much about the blockchain? What prompted you and what gave you the courage to leave Google and start building Swaperry?
You mentioned that to have sufficient liquidity on your DEX at launch, you will launch a unique program with hybrid reward. Can you share more information about this program? What will this hybrid reward consist of?
Currently, NFT marketplaces are becoming popular among users. According to your roadmap, Swaperry has been initiated in the fourth quarter of 2020. However, NFTs will be introduced to the project by the fourth quarter of 2022, it means after two years. NFT related works help to grab the attention of investors. Why did you postpone putting this popular concept in to practice? What have you done so far to achieve this milestone by the said time? You have mentioned this target as “NFTs”. Please let us know whether you are going to create a NFT marketplace or to develop your own NTFs.
One of the first set of products that Swapperry plans to launch is prediction trading. You said your prediction trading system will be powered by a complex economic model that is never seen anywhere. Can you explain this prediction trading system and how users will use it to bet against price movement? Who can create a red or blue ticket pool and how many maximum users can a pool accommodate? Also, you said users that a user that predicted correctly can win potentially disproportionate rewards. Can you provide a layman explanation to your complex rewarding model and why reward will be disproportionate rather than being proportional to users stake or position?
You have introduced your CEO, Phil Dang and CTO, Tuan Nguyen to the community. However, no adequate information are available regarding other team members. You have indicated that there are nearly 20 engineers, a wide panel of advisors including founders of renowned projects. Can you please explain the education qualifications and work experience of some of them which are related to Swapperry? Since it is not practical to include individual details of everyone on the website or in your documents, you should have included the links to their linkedin profiles. Hence the investors are tend to invest their funds in a project with a trustworthy team, don’t you think it is better to publish them in the future? Further, you have allocated 15% of total funds to the team. Will these funds be locked for some period? Do you assure your team members will not creat a sell-off situation when their funds are released?
I read your Roadmap in Q3 2021. You did a security audit, has it been audited? where can we see the audit results? Swaperry has a roadmap that has been set until the end of 2022, does this indicate that swaperry can be trusted to survive in the long term?
Swaperry has advanced features such as Limit orders and Prediction Trading, how do these features work? and what percentage of the estimated accuracy of Swaperry’s asset price prediction feature?
Swaperry will be one of the first decentralized exchanges (DEX) to be available for trading crypto assets on day 1 of Polkadot’s launch. Will Swaperry come packed with cross chain support, limit order, stop loss, margin, and even predictive trades? All these features will be completely decentralized? Will the community be 100% owner of these components?
Most DEXs take some time after the initial launch to stabilize and gather a critical mass of liquidity and trading volume, so it is impractical to expect Swaperry to immediately shine in its early days. How long do you estimate to achieve stability? What are you doing to achieve this stability in the shortest time possible? What do they hope to obtain when they achieve stability?
Swaperry like DEX, it is critical that your software is robust and highly secure.
We have witnessed many projects fall apart due to a single security breach to take the matter lightly. What is Swaperry doing to make your project safe? What are your security tools? Under which safety quality standards does Swaperry work?
Greetings Swaperry, what is the difference that Swaperry presents as it is a decentralized exchange designed to be high performance, and what would be the main characteristics to achieve this goal? your exchange? explain to the community about these important points in your project.
Swaperry is linked to the Polkadot ecosystem that offers transactions much faster than other ecosystems and cheaper prices, how would Swaperry’s response capacity be if at the time of transactions there are more than 100,000 users making transactions at the same time, it would not have problems, which would be the capacity offered by Swaperry?
Swaperry offers public sale from Q3 October apparently according to and read on the internet, what else does Swaperry offer for Q3 and Q4 of 2021? so that we anticipate a little more than what is coming, and how would the distribution of the token be?
It caught my attention that on your docs says Swaperry uses as it’s technology both Polkadot and PolkaFoundry, so can you tell us more about this? Why did you decided to use this two technologies? What benefits does the implementation of both of them provide to Swaperry? Most importantly, what kind of advantages will Swaperry be able to offer it’s users thanks to this combination of technologies that other DEXs aren’t capable of?
One thing that caught my attention about your roadmap was the fact that one of your plans for Q4 2021 is a cross-chain functionality with Ethereum, can you tell us more about this plan? When exactly will it take place and how you aim to make it a reality? And, why will you wait until Q4 2021 to add this cross-chain function? Also, I was wondering, there are other chains that are gaining tons of popularity right now such as BSC, Polygon or Cardano, do you have plans to add cross-chain interoperability with them as well in order to get further adoption and be able to offer even more possibilities to your investors?
Swaperry protocol will deploy an achievement system where users that engage with your protocol will be rewarded with NFTs. Can you explain how this achievement system will be deployed? What type of activities are users’ achievements based on and how do you measure this achievement? What types of NFTs will users be rewarded with and will this reward be different from your revenue that you said your protocol will distribute to all users? Also, NFTs is planned for Q4/2022 according to your roadmap. Will NFTs have other utility in your protocol apart from this? And does this mean that this achievement reward system will not come into play until at least Q4/2022?
One of the major problem regulators are fighting in the blockchain industry is money laundering and fraud. Considering the fact that users of swaperry won’t need to undergo any KYC/AML process, how will you help to fight fraud on your exchange? Presently, Regulators are after CEX and sooner, DEX will also feel the heat. How will you make sure your exchange remain complaint with regulationary rules over time? Will there be a form of DID(decentralized identifiers) integration in the future?
Swaperry is actively uses the polkadot technology. Presently, the Polkadot is still in its early development stage and still at risk of not deploy successfully. Do you have any backup plan to fall back to if Polkadot eventually fails? Before its full release, how do will you manage some of its functions that are not yet available? Will swaperry run on any other blockchain prior to the full deployment of Polkadot?
$PERRY will initially be minted in BEP20 format and tradable on pancakeswap. The swaperry project is based on the Polkadot network. With the launch of the token on BSC, does that mean that the token will be on both BSC and Polkadot? Since POLKADOT is a cross-chain solution, will tokens minted now be useable when you Polkadot is fully functional Or will holders need to swap later their BEP20 token? What are the usecase of this token. What type of token is $PERRY; a deflationary token?
It caught my attention that on your roadmap says that for Q3 2021 you got plans on having a Public Sale via IDO, so since we already are on the Q3 of this year, are there more details about this event you can share with us? When and where do you plan to have this Public Sale? Is there any whitelist we can already join in?
Swaperry is based on Polkadot infrastructure but you will be built on PolkaFoundry parachain. Why did you choose Polkadot blockchain for your DEX product and why did you prefer to use PolkaFoundry as base parachain to build on, out of other parachains? Also, why is $PERRY lunched as a BEP-20 token first, and how easy will it be for you to migrate it to Polkadot? And lastly, although PolkaFoundry was able to secure a parachain slot on Polkadot Rococco testnet, how sure are you that PolkaFoundry will be able to secure a parachain auction bid slot from the projected 100 parachains that is planned on Polkadot MainNet and if it is unable to secure a slot so soon, how will this affect your project?
Swaperry is a DEX which means it will have complex smart contracts. Obviously, nobody will make use of a platform if it is secure, Free from bugs, rugpull and not vulnerable. The IDO is close and the token contract will be deployed. Have you done any audit? The DEX would be launched and some other features. Do you have any audit plan? How secure is your project?
Most DEX uses the AMM model and there is absence of an Orderbook. One of the special features of Swaperry is the Onchain Orderbook with the use of an Algorithm known as the PERFORMANT HASHING. This is a very new concept. How does this work? How will present give the CEX-like trading feeling? What are the advantages of this algorithm? AMM favours the illiquid market. Will this also favour the illiquid market?
The liquidity pool token farms will allow anyone to provide liquidity for swaperry. But there is one common issue with most DEX, the impermanent loss. Is there any features that can help to minimize this effect on swaperry liquidity pool? Most DEX don’t have perfect information from the market, they cannot adjust quickly enough to prevent impermanent loss. What full diligence have you put into ensuring that almost perfect information is available for the DEX? arbitrageurs balances the pool, Will there be opportunity for arbitrageurs?
It caugt my eye the fact that Swaperry has as a goal for 2022 “Tokenized Stocks V1.0 Launch”, could you give us more details about how this tokenized stocks? Also, I wanted to know what plans do you have to make this tokenized stocks work? Because Binance, for example, launched their tokenized stocks early this year but they ended up stop selling them because of regularitory issues, so, how can we be sure this won’t happen with yours too?
I saw that one of the tools Swaperry offers to investors is “Scam Warning”, could you give us more information about how will this feature exactly work? In order to know what projects are scams or potential ones, what kind of information will this feature compile and how? Where will it get it’s information from? How accurate will this information be? Also, what do investors need to do if they want to take fully advantage of this feature? It will be a premium/Pay-to-use feature or will it be free for anyone?
One of the features Swaperry will offer to it’s investors is “Pool Analytics: provide traders information about token’s market cap, circulating supply… and transactions, trading volume of a pool”. Could you please give us more information about this feature? Where will this analytics get it’s information from? How reliable and accurate will the information provided by this feature be and how can we be sure of it? Also, what do investors need to do or pay if they want to use this analytics feature? Will this feature something that anyone will be able to use freely or will it be some sort of a Premium feature?
Currently in the market, decentralized exchanges hardly support limit order, especially onchain limit order and ensuring transaction speed and user experience is a difficult task but Swaperry promise to solves this problem with a unique algorithm named performant hashing to implement a completely onchain orderbook.Will On-chain order books require relayer or server on your platform?Does Swaperry have fully on-chain approach that has some real advantages that put the blockchain to use?Will On-chain order books prevent front running in Swaperry?Since Swaperry uses an on-chain orderbook ,what is your current cost to place an order on a trade?
Swaperry trumps over other projects in its ability by offering unique features within the Polkadot ecosystem,you plan to launch a prediction trading system that isn’t established anywhere else in the Crypyospace.Can you explain to us the structure of this system and how investors can benefit from it?As for limit order,its functionality is known to perform poorly on Decentralized Exchanges,how will Swaperry offer limit order in a way that will attract more investors to your platform?
Swaperry will soon launch on its platform Tokenized Stocks V1.0. which include TSLA,APPL and GME.What will be the benefits of this products on your platform?When this tokenized stocks becomes available on Swaperry will users be allowed to purchase a fraction of a stock without needing to purchase entire shares?Will the Tokenized Stocks be available in countries where acessing US stocks through traditional financial instruments isn’t possible?
As I read in your Medium article, recently you closed your private fundraising, raising $1.6M. These funds will help you build and develop a realm of an optimal Decentralized Exchange. I’m curious about the investors in this fundraising, who took a part in it? Did regular whitelisted users get to participate, what are the benefits of this to them specifically? Also, you named a few strategic partners, like Signum Capital, PNYX Ventures, and Petrock Capital. I’d like to know about their roles, since you’re a decentralized exchange, are partners like these considered to be some kind of whales? What are the long-term benefits of these collaborations, and how are they beneficial to your community in general?
Swaperry is a decentralized market exchange for all things DeFi. However, I’d like to know what are the necessary steps for somebody to sell, and somebody to buy. Do we need to pass any KYC? Is registration necessary? What about the security, how is data stored, and what is the personal information users should give? What about transaction security? Will it be public? And how strong is everything against hackers?
Swaperry will make use of the Polkadot ecosystem to bring advanced features never seen on other DEXes. I’m curious about these features? How groundbreaking are they, and can you tell some about some of them? Also, I read about your Trustless Cross-Chain Migration, a feature that will let users bring any cryptoasset to Swaperry. I’m curious about the fees specifically, will we have to pay transactions fees from the platform we have our assets on? Or can they simply be linked and adapted to your platform? Why is it “Trustless”, how secure and innovative is it?
From Swaperry whitepaper, you mention that you will have feature about cross-chain support, limit order, stop loss, margin and even predictive trading. Could you explain more about all this feature, what chain will you support beside polkadot? And how is predictive trading work on your platform?
I know Swappry target to be the next generation of DEXs, which currently solve the 3-4 limitations of DEXs, which is why investors enjoy CEXs as much as Binance.for more profit what’s your upcoming plans???
You mentioned that to have sufficient liquidity on your DEX at launch, you will launch a unique program with hybrid reward. So Can you please share more information about this program? What will this hybrid reward consist of?
With so many projects being rug pulls and exit scams happening nowadays. What would you offer to the users of your platform to earn their trust and how would it make you different from others projects alike?
Swaperry will have a decentralized exchanger (DEXes) and possible doing trading on there, but how decentralized your DEX will become? How about all the feature that Swaperry have, do all feature 100% control by community ?
From what I was able to learn, you try to build a unique prediction trading feature which will be fully decentralized, but when we see it theoretically, the future is really uncertain and much more in the world of cryptocurrencies, can you tell us on what will be based on the prediction trading you try to leverage and how do you think this could be a different and unique tool for traders? What is the margin of error for these options?
In your papers it’s mentioned that at the beginning only the operators can create a pool on your platform and it is managed through blue and red tickets, can you explain the ticket’s function on this? What criteria will you use to create new pools? Are they placed by the users’ demand?
Swaperry recently announced a community competition is opening, a set of contests with a total of $20,000PERRY in rewards is ready to be implemented. My question is, what are the rules that will be set for the participants of this competition? In addition to this type of event, will there be other types of competitions to encourage your community to participate, adopt your protocols and become loyal Swaperry holders?
Swaperry is based on AMM’s successful liquidity fund trading model and utilizes the unmatched performance of the Polkadot ecosystem to provide advanced features never seen in other DEXs. My question is, will Swaperry establish a Trustless Cross-Chain Migration model to bring different cryptoassets from any blockchain to Swaperry securely? How will they make these cross-chain bridges not suffer from slippage?
Swaperry announced that you will share all of revenue to your token holder which makes people interested to hold PERRY token, but how much% of revenue that Swaperry share to token holder? Are there any minimal requirement how much PERRY token that user should hold? And when will token holder receive that, is it every week, every month or only during special event?
You are going to launch a new Stock Market on DeFi ecosystem to allow stock trading assets globally. TSLA, APPL & GME will be the first stock trading assets who embrace the Swapeery as you mentioned. How will this upcoming DeFi stock market be different & unique from other Centralized Stock market? In which way will you help to gain a profit without losses on users capital? Can share holders use $PERRY token as the medium in trading? But there are some drawbacks in traditional stock market such as high brokerage & low margin, volatile investment etc.. So which development tools & methods will you immerse in to upcoming Stock Market in order to overcome these drawbacks as much as you can?
Compared to the many DEXes in the market, what advantages does Swaperry have regarding the functioning mechanism? And what do you think needs to happen for DEXes to gain a lot more market share against centralized exchanges?
In Q3- 2021 your Roadmap, you hope to audit your smart contract & already you are in Testnet currently. But not yet completed Swaperry audit process & launching Swaperry Mainnet V1.0 at same quarter (Q3). Is it secure enough Swaperry Testnet to use as a exchange? Can you gurantee of the security system of Testnet? Will you audit your smart contract before or after the mainnet launch? Which Audit firm will you hire for Swaperry Audit process, will it be CERTIK? After you audit will you publish the report for the community?
You will be launching a prediction trading system never seen elsewhere. Was this system designed by the Swaperry team? What exactly does this system consist of? If we make a correct prediction, will we earn any rewards? And if it is incorrect, would it have any consequences?
You mentioned that your engineers at Swaperry invented an algorithm that lets you offer limit order in a truly decentralized manner. Can you dig a little deeper into that algorithm designed by your engineers? Is that algorithm different from those seen in other DEXes?
In your docs you mention that as Polkadot is currently under development, your prediction trading will be launched on Binance Smart Chain, so… can you tell us if there will be changes once Polkadot is fully available? What are the advantages of using Binance Smart Chain to this end?
I saw you’ll be doing refunds in some cases that the round could not be calculated, is there special politics to claim and whitdraw a refund? What’s the role of Chainlink Oracle on this?
NFTs are the next tier to become more valuable & gain a high traffic exposure globally. And Swaperry will integrate NFTs to their ecosystem according to your Roadmap. So will you need professional NFT artists & creators or will Swaperry team create the NFTs by their own? What kind of NFTs do you hope to introduce to the Swaperry community, will it be celebrities or pets or gamefi NFTs? What will be the real world benifits of Swaperry NFTs? What is the NFT valuation method, you hope to deploy within Swaperry ecosystem? Lot of platforms use NFTs as collaterals in lending protocal nowadays. Swaperry platform also hope to launch a lending feature in future beyond 2022. So will you follow the collateralized lending with your NFTs? If yes, what is the interest, you will incur per monthly/annually?
I understand that Swaperry aims to be the first decentralized exchange that allows large quantities of Cex products, such as trading stocks across country borders, but could you really tell us about the issues that this traditional stock trading poses? And also, what will be the benefits of expanding to DeFi with Swaperry?
You point out that “Swaperry is the first project to present advanced business features in a fully decentralized way”, but really what are those “advanced business features” that we find in CeFi, but not in DeFi? and how important are they to merchants?
I could see that one of the products that they will incorporate in Dex trades is the “Prediction Trade”, but how can this really benefit professional traders as well as amateurs? It will be extremely risky to operate with it, which will require a great study in marketing to avoid great losses?
I understand that with Swaperry, users will be able to achieve Trustless Cross-Chain Migration, which allows them to bring their crypto asset from any blockchain to Swaperry safely, but really this “migration” could not be achieved with other swaps from other networks?
I could notice that in their roadmap they indicate that this Q3 will be made its public sale through IDO, and that after this they will carry out the audit process, right? But really why wait to complete the IDO to audit your contract? Shouldn’t they be done earlier to provide greater reliability to investors?
I understand that many projects seek to unite both the benefits of centralized finances with decentralized ones, but will Swaperry really seek to unite only the security of DEX and the comforts of CEX, or will he additionally unite all the benefits found in both?
I could read that Swaperry is a decentralized exchange (DEX) designed to be high yield, but really what are the “high yields” that we will find in Swaperry? Will high APY pool and yield generation products really be attractive to investors? or what do they really mean by “high performance”?
As we all know, NFT assets are uniquely usable in Dex finance, but if they really sought to incorporate the benefits found in CeFi, how would they manage to adapt NFTs to these types of characteristics found in Cex? Will they actually make a change in the NFT assets?
According to your websites, you have sufficient liquidity on your DEX at launch. You will launch a unique program with a hybrid reward.Could you please tell me more about this program? What will be the nature of this hybrid reward?
I read on your roadmap that you conducted a security audit in Q3 of 2021. Has it undergone any kind of audit? Where can we obtain a copy of the audit findings?Is it Swaperry has established a roadmap that will last until the end.Is Swaperry can be relied on to last in the long run?
what are your plans and mechanisms to maintain Swaperry still pricefull and provide benefits to investors? do you have any plan to make swaperry become digital transactions for any items, e-commerce or anything??
#AMA
i just see almost everyday developers around the world make the new coin/project and they have a strategy to attract investors, could you tell me what is the difference about this project between others coin that will convince and attract the investors join with Swaperry?
you just said in the website “utilizes unmatched performance of the Polkadot ecosystem to bring advanced features”,let me know what polkadot ecosystem is?
Swaperry is decentralized exchange (DEX) built on top of the polkadot ecosystem with so many good features..and also I found project advisor is the founder of PolkaFoundary..a new project with great potential..Eventhough there are different leading blockchains like BSC ,Ethereum which reason inspired you to select Polkadot as the blockchain for your project ?how do you compete with prevailing DEXes as a polkadot powered Dex ?what new features are introduced with Swaperry ?
As DEXes saw huge increase in usage the past few years but then also there are some limitations like transactions are often delayed and slow, most DEXes do not offer cross-chain trading, user interface is more confusing, advanced features like options, limits and margins, are non-existent. How Swaperry aims to be the next generation of DEXes, and solving all
limitations ?
What are the advanced features that never seen on other DEXes which Swaperry possess ? Is margin trading is available in your platform ? What is performant hashing and how it helps implement a completely onchain orderbook ?
What are the uses of PEERY token ? Can you expalin the allocation of token of total supply of 200,000,000 and where the token will be listed and minted in which format ?
I see, Swaperry has raised $1.6M of development in the private Fundraising, Can You talk about firms & partners who backed it?
Is this amount sufficient for the whole Dex development?
I like Dex platforms because of its security but along with that it has many limitations also, How will Swaperry try to improve all these features?
How can users enjoy the benefit of Cex on Swaperry?
Coin98 ventures ( which was launced on binance l aunchpad) is one of the strategic partners of Swaperry,
How it is beneficial for the growth of Swaperry project?
As swaperry was built on Polkadot ecosytem, what was the main reason behind building on Polkadot?
Dex platform face lot of Liquidity issue, How this problem will be solved?
How users who are new on dex can be protected from fake/scam projects?
There are already many many Dex available for the Crypto users, why do you think there was need for another Dex for the users?
One of your Trading Tools is a Trading Bots in which it allow traders to use bots with different strategies, such as DCA (or “Dollar Cost Averaging”). So,can you explain more about the DCA or Dollar Cost Averaging that Perryswap trading bot uses? How do you implement this strategy in your platform? How effective and recommendable is the Dollar Cost Averaging to be used by your users in your platform? How can any users of your platform acquire this kind of strategy with your Trading Bots? Thank you
PERRY will function as the native utility token of swaperry .In the explanation of Perry tokenomics, it was stated that 20% of total supply was allocated for private sale which took place in Q2 2021 and 1% for public sale. You raised $1.6Million in the private sale, I want to know how do you want to raise more than that in public sale when its allocation is not even up to half of private sale, how do you want to handle the upcoming sale in order to achieve more funds than the previous sale? Where and how are users going to participate in the public sale since Mainnet V1.0 is stated to be launched this quarter after public sale? Can you give more details about the sale?
Swaperry plans to specialize on stock trading across country borders where countries identify the challenges and opportunities they face as they relate to customs, border management, transport infrastructure, and logistics services. And this type of trading suffers from Constant regulation changes and lack of market, Lack of harmonised standards and Lack Of Local Market Expertise, how do you want to get rid of all these in your project? You have good members in your team but I dont think none is specialize in this field, how do you want to rest assured us that this will go well and how will you achieve your aim to become the first decentralized exchange to allow stock trading across country borders without expertise? How will you make stock trading easier for us?
SwaPerry offers us a set of tools that help traders to analyze the market, add prices and make decisions, the DEX have been increasing their space at a fairly rapid rate, however the CEX are still in force in the market and with a high proportion of users; What CEX strategies and protocols do you think could be applied in DEX to create a more unified financial system that satisfies traditional and current demands? Polkadot provides them with the perfect ecosystem to develop all the strategies and proposals to achieve their ambitious but achievable plans and goal of showing the world that CEX is the past and DEX is the future?
What disposition or interest does SwaPerry have to adapt to other exchange chains or to become a cross chain and offer more options to its participants when making the transaction, what are the commercial functionalities that it can unlock and what is its governance system and What value does the community have in the development of the project?
Each project defines itself as the first of its kind, the most revolutionary, innovative and avant-garde but there are really other similar projects, please tell us about those advanced commercial characteristics that they have, what prediction trading is about, and how they plan to handle scalability. and interoperability with the weak tools that DeFi provides in these aspects?
Perry was created to serve as swaperry native token and for some certain purposes. In the process where an interested user wanted to participate in governance voting, how he/she will use perry for this? We can actually mint perry in Bep20 format, on which swap can nwe do so? what is the update about been listed on pancakeswap?
Going through your website, I could see you have alot of Strategic Investors in your project like HG Ventures, Icetea lab, Signum capital etc but I noticed that not even one of them relate with STOCK TRADING and you planned to launch a New Stock Market on DeFi very soon. If this project went as planned it will be first of its kind in cryptocurrency market, though somethings might have been put in place, but how do you want to convince/motivate investors in the line of stock trading for your project? You also want to be trading TSLA, APPL, and GME on your exchange which will allow user to Buy and sell their tokenized versions with USDT or PERRY. How can we Redeem them onto our brokerage as traditional stocks in order to exercise shareholders’ rights?
There is a feature that Swaperry offers that I have never seen in any other DEX, it is called “Prediction Trading”, where we can predict the direction of an asset price and win our share of the big pot. How do you determine the share of the big pot that each user who gets their prediction will win?
I read that Swaperry provides a very useful tool to traders, which warns about scams and allows them to invest like a pro with those scam-free solutions. What are those solutions? It is a very important tool especially for less experienced users.
You mentioned that as Polkadot is currently under development, your prediction trading will be launched on Binance Smart Chain, and will be the first product in the Swaperry platform. Once the development of Polkadot is completed, will it also be launched on Polkadot?
Like providing liquidity pool for token swap, a user can create a betting pool against an asset, with a custom expiry date and strike price. I did read that at the beginning, only operator can create a pool. What are the reasons for that? What steps should an operator follow to create a pool? How can users participate once the operator has created the pool? How many rounds will this pool be running for?
You say that most of the co-founders of the Swaperry team have engineering experience. Was it difficult for the Swaperry team members to study a new direction for them: the economy, the market, the blockchain (its functionality and features)? What difficulties have you encountered in the development and formation of the Swaperry ecosystem? What was the most difficult for you?
Swaperry will leverage the power of Polkadot to extremely facilitate fast and cheap transactions and will offer a set of essential trading features not previously thought of on a decentralized exchange. So what trading features does Swaperry offer us than other decentralized exchanges? What makes these functions unique?
MPC seeks the integration to the cryptographic system of new participants, creators and artists by incorporating new financial products such as NFT, AR, VR, and IO into its platform, could you please tell us what are the differences between these products or their characteristics and value technological and monetary, can they be considered as fungible or nonfubgible assets, are they guarantees or guarantees for financial procedures?
What does TBFT Byzantine’s Fault Tolerant Consensus consist of? What is its role in MPC? They can guarantee through smart contracts based on WASM and EVM the security and veracity of their transactions, as MPC supports multiple blockchain asset protocols. such as ERC 20, ERC 721, BEP 20, ERC 998 etc, can this be considered a multi cross chain project or is it only for token exchange purposes that these cryptocurrencies are listed?
I think it is an excellent proposal that 10% of the MPC be used to encourage the project development team since they are the ones who forge the bases and assume commitments and responsibilities added to the participation of the community, this percentage would be distributed among them on an equal basis. percentages or depending on your contributions, you consider that the product will be considered innovative in the next five years, and all the main staff will voluntarily choose to start unlocking tokens at the end of each year after the launch of the Autonomous Network, while that time elapses How do you plan to provide liquidity and generate income to achieve the sustainability of the project?