We are pleased to announce our next AMA on October 26th 2021 at 11:00 AM UTC Time: Satoshi Club x Crosswise
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Crosswise Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Crosswise Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Crosswise
For more details:
Crosswise Website – crosswise.finance
Crosswise Telegram – @crosswise
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
You announced that the pre-sale of the CRSS token begins very soon, specifically it starts in 1 day. Has the whitelist registration been closed or are there still spots available for us to register? How much is the minimum amount of BUSD that we must have in order to be able to purchase the CRSS token? What considerations should we take into account in order to participate in this Pre-sale? Is it a requirement to submit our KYC?
Hello CrossWise team. While reading your roadmap, it caught my attention that by the third quarter of 2022 you will launch the governance system. Will the CRSS token be used for the governance process of the CrossWise ecosystem or will you launch a new token whose exclusive function is the governance of the ecosystem? Will the CrossWise community be involved in decision making? Thank you very much!
Crosswise Finance has always been attracting extensive market attention. Could you share with us the funding process and partnership at present?What milestones have been achieved so far?
When there’s a new project, many people want to know more about the team members. Where and how do I get to know the community to find out more about Crosswise Finance
Can you give a brief overview for tokenomics and token supply ? Would there be any form burns and buybacks ? What does that aim to achieve for you and does it include any form scarcity paths such as stake, store, or burn ?
Regarding marketing, what plans, ideas and next steps does Crosswise Finance have to attract investors and users? Does Crosswise Finance intend to take advantage of the popularity of social media to make your Project more popular?
Can the Crosswise Finance team provide some progress on your roadmap and what results have been achieved so far? And what is the plan for Crosswise Finance in the future?
What’s your main focus Crosswise Finance, are you focused on the community or market/Exchange or the products?
The crosswise DEX platform will feature a PERSONAL ACCOUNT AREA which can be used to personalise account setting that include vesting, gasless mode, connect with email and notification system. I will like you to shed more light on the Personal Account Area Personalisation. When a user set his account preference to gasless mode, will this mean that the user will no longer be charged transaction fees on any transactional activity carried out? Also, why will it be necessary for a user to connect blockchain account with email or other social media platform? And lastly, for the notification system, what type of notification will user be able to customise and receive? Will it cover all transactions activities involving their wallet, or can user sets selected notifications on crypto prices and product? How will users be notified to receive this notifications?
You plan to give a voice to the community through voting but I found out that voting will be directly proportional to users coin holding. Don’t you think this type of voting set up will always favour the large and whale investors who will be able to boast a high amount of token at all time? How will you ensure that decision are fairly arrived at and that they represent a fair sample of every voices? Also, I saw that you have core feature voting and community voting. Can you tell us the differences between these two? Who are the one that carry out core feature voting and does it mean that the community cannot partake in it?
Crosswise will have a referral/ambassador program where participants are incentivised for onboarding other users onto the platform. How will users generate their unique referral ID which they can use to invite other users to join your platform? I also found out that you only pay affiliate 1% of their downline earning. Don’t you think that earning 1% as reward is too small and may not be motivational enough for users to aggressively engage in the referral campaign? For how long can a user earn from invited affiliates and will the earning be based on your downline deposits, profits or transaction volumes?
Greetings Crosswise, my question is what is the responsiveness used by the platform when handling maximum loads during trading hours and IDO hours? What type of system do you use to give a quick response to the customer and resolve user complaints? What kind of security is the one that it offers to the users at the time of an emergency due to failures in the system? You can give us more details about these functions.
By the time the pre-sale of the token will begin, what will be the functionality of the token within the Crosswise platform, how much would be the percentage of the rewards granted by liquidity agriculture in Farms and Pools? In which token will the liquidity agriculture rewards be awarded, since I was reading that Crosswise, has the XCRSStoken and the $ CRSS? What is the difference one from the other and how to use each one appropriately? You can explain more about the token functions to understand better. Thank you
Crosswise platform uses dual coins (XCRSS/CRSS).$CRSS is used as a fee for transactions while $XCRSS is for farm/pool for incentivizing users to in the Crosswise platform.My question is,Does the $XCRSS token have any minimum/maximum supply like $CRSS token?At what % fee can users make transactions with on your platform?What other use cases does the $CRSS apart from being the token used for transactions?What will be the exact amount of $CRSS token users need to stake before they are eligible to receive $XCRSS token as a reward or will it be that as they start staking they will be rewarded?Will the $XCRSS token be launched alongside $CRSS or there is no need for that? Thanks
Crosswise platform uses dual coins (XCRSS/CRSS).$CRSS is used as a fee for transactions while $XCRSS is for farm/pool for incentivizing users to stake in the Crosswise platform.My question is,Does the $XCRSS token have any minimum/maximum supply like $CRSS token?At what % fee can users make transactions with on your platform?What other use cases does the $CRSS apart from being the token used for transactions?What will be the exact amount of $CRSS token users need to stake before they are eligible to receive $XCRSS token as a reward or will it be that as they start staking they will be rewarded?Will the $XCRSS token be launched alongside $CRSS or there is no need for that? Thank
CrossWise provides users with various yield farming pools. The Platform incentivizes many liquidity pairs by offering your LPs the option to stake their CRSSLP (CrossWise Liquidity Provider) tokens in your farms. Please advise if there will be an option to create user’s own farming pool? Moreover, what other slacks have you foreseen to provide users more power in managing their fonds? Thank you!
Crosswise comes with an in-built explorer that will help the platform users to see all important tokens & personal data in the explorer dashboard. Please reveal other functions of Explorer tool. Does it also serve as anti fraud mechanism if it will be helping eliminate scam and span throughout the project? What statistic measurements will it bring to users? Thank you!
You mentioned that you will provide users with various yield farming Pools.But no added information is provided for that,so can the various yield farming Pools you plan to provide for users, will it have like different tiers?You also offer LPs the option to stake their CRSSLP(Crosswise Liquidity Provider).Liquidity providers earn what percentage of trading fees for every swap on your platform?And with a large enough principle deposited,what significant interest will they earn?And how can we be sure that in depositing in your pool,we won’t suffer any Impermanent Loss?How do you plan to mitigate it since it happens in almost all pools? Thanks
You mentioned that you will provide users with various yield farming Pools.But no added information is provided for that,so can you tell us the various yield farming Pools you plan to provide for users, will it have like different tiers?You also offer LPs the option to stake their CRSSLP(Crosswise Liquidity Provider).Liquidity providers earn what percentage of trading fees for every swap on your platform?And with a large enough principle deposited,what significant interest will they earn?And how can we be sure that in depositing in your pool,we won’t suffer any Impermanent Loss?How do you plan to mitigate it since it happens in almost all pools? Thank
Crosswise, it has several functions in the rates, can you give us more details about the rates that you manage on your platform? What kind of useful tools does Crosswise offer me? can users also track their earnings in real time? You can give us more details on these points of the question.
It caught my attention that you are using a gasless mode. Generally, gas is required to successfully conduct a transaction. How did you create a gasless mode? Do you pay the gas fee from the platform’s side or use a different technique to cut off the cost? Zero gas fee is an amazing benefit for users. In addition, does crosswise platform get any benefit from this feature? Moreover, please explain whether you are charging any fee as an alternative to the gas fee. There will not be any benefit if users have to pay another fee to cover the cost for gas. Thus, do you assure that there will not be any additional fees/chargers for the transactions on crosswise?
One interesting feature that Crosswise has is its “Gasless Mode”, where users are allowed to trade assets with gas. This is an attractive feature for traders but may I know, is there a catch? How does Crosswise manages to allow its users to trade without fees? Wil Crosswise be the one that will finance the gas fees? Is there a limitation for this feature?
I saw on your roadmap that Crosswise will be having its very own IFD by Q3 of 2022. Can you tell us more about this plan?
While looking at your team list, I noticed that crosswise do not have a marketing team ofr the project and we all know that marketing is also essential for a project to be successful. Does Crosswise have a marketing team?
Currenly, almost all traders and investors use mobile apps due to the convenience. Although you have planned to launch a mobile app, it has been scheduled for the fourth quarter of the next year. Your project has been initiated in the third quarter of this year and the mobile app will be launched after a time period of one year! Why did you postpone this target? Have you already done any designing work? Will your mobile app be less convenient than the web version? Please briefly explain about your app and the features it will offer.
I am using several exchanges as a day trader. When reading about your exchange, I could not find any special feature related to it. Normally, all exchanges offer simple orders and limit orders. Why did you decide to design an exchange when there are plenty of exchanges in the market? Plus, can you explain the benefits that traders get by using your exchange?
Crosswise is said to be a highly functional trading platform, and as a crypto newbie, that’s really attractive. However, I’d like to know if this platform is only compatible with its native token, and native pairs, or if users can request specific tokens, pairs, etc.? If not, do you have any relevant partnerships that will let you bring more variety to your pools and vaults?
I believe that the attractiveness of Farms/Pools not only depends on the APR/APY but also on other attributes or features of such pools/farms with flexibility of Reward claims being one of such important Features to consider. And I could see that
the reward mechanism used in your your farming pools rewards users with 50% reward/profit in CRSS & 50% in XCRSS and 50% of XCRSS gets vested into CRSS automatically for a period of 5 months. You also stated that users risk losing 25% of rewards if they choose to opt out of the vesting and claim reward in $CRSS.
My question is, with this type of reward system don’t you think users of your platform might be discourage from participating in your farms/pools knowing that they have to wait for a vesting period of 5 months before fully Claiming Farm/Pool rewards? Most importantly, why use such a Reward mechanism? What are its benefits? You also mentioned that there are 4 cases of Vesting & Auto Compound Features available for users of your farms/pools, can you briefly talk about them? Thanks
In the FAQ section on your website it is stated there that “Once $CRSS period is launched,You can purchase Token with Ethereum, Bitcoin or Litecoin”. Please correct me if I’m wrong but does this mean I need to have Eth, BTC or LTC before I can buy $CRSS once your platform is fully launched? Or would there be other options to buy $CRSS using other cryptocurrencies(for example BNB) or stable coins like USDT, USDC or BUSD?
The crosswise platform will feature a multi-chain DEX launchpad which project can use to raise money decentrally. What type of project do you admit on your launchpad and what coin submission process will a project have to undergo in order for you to be able to block spam project being listed on your launchpad? How can project use your launchpad feature to create a token and set up its distribution and claim mechanism? Also, I read that your launchpad will have Anti whale, Sniper bot and Automatic LP lock function for project to use. How will project access this feature when deploying a token sale?
You mentioned that users of Crosswise can easily switch on/off vesting. And when switches off vesting, 25% of $XCRSS is burnt and 75% of $CRSS token is received. Does switching on vesting implies the direct opposite? How often can the switching on/off of vesting occur and are there penalties if this is overdone? Is there any particular advantage for switching vesting?
Crosswise is said to incorporate an interoperability function between multiple chains on it’s platform, by building bridge to bridge coins. As this feature will massively aid in easing exchange for users, may we know specifically what your “bridge to bride” coins would function, will these coins be different from your CRSS and XCRSS tokens? Also, with the bridge function, may we know the blockchain networks Crosswise will most definitely support? It is also stated that a 0.1 fee will be imposed on such operations. Can you let us know how Crosswise aims to effectively utilise such fees generated?
Almost every investor holds the token for the short-term without understanding the long-term value. So, how can you ensure for us that holding this token is more beneficial for long-term and what is your plan to increase the demand and scarcity of the token?
Will it be possible to have liquidity pools (for example REVU/ADA or other pairs) and earn from those, apart from the normal single coin staking that’s already planned?
Crosswise has a fairly intuitive platform but one of its main characteristics is that it has a Gasless Mode, can you tell us if this applies only to trading? How does the platform reduce rates to a minimum? Are gas commissions important to maintain the ecosystem or do you use different sustainability mechanisms?
I noted you’ll create an incubator program for ecosystem growth and development but there isn’t currently much information of its characteristics, could you show us some details about this program and to whom is it addressed?
There is a lot of startups, investment and innovation in various cryptocurrency and blockchain technologies. What is the low hanging fruit and who’s playing the long game against regulatory institutions?
On your website it is stated that upon the launch of $CRSS tokens users can purchase them with either of Ethereum, Bitcoin or Litecoin. May we know why these tokens were specifically chosen for such operations, and would you limit this process to only these 3 tokens, is there a consideration to expand the purchase options and possibly include purchases via fiat? Since you would also consider expansions to chains like Polygon, may we know how you plan to ease purchase and transactionary processes via the direct operations of your DApp and associated services?
I read an article about Crosswise multichain platform which was published on newsbtc.com few days ago. In there, You specially mentioned about cross chain interoperable ecosystem by integrating Polygon, Polkadot, Cosmos chains. Please give a snapshot about the interoperable ecosystem that you plan to launch? How about the security & user experience in the cross chain interoperable ecosystem in Crosswise Platform in future? After you build the platform as Cross chain supportable, Users will be able to connect their multiple wallets with Crosswise Platform. Will you allow all the types of wallets to connect with your DEX, Specially Custodial Wallets & Non Custodial wallets?
Crosswise makes provision for a gasless transaction where users can initiate trades in a feeless environment. Will there any limitation for using the gasless feature?
Are there specific criteria to be met in order to make use of this feature? How do you intend to sustain your project when you don’t charge gas fees?
Crosswise belongs a own launchpad with incubation programs. In which manner will you aid for the budding entrepreneurs in launching their projects on the Crosswise launchpad? Will you do extra marketing for your budding entrepreneur’s products through the Crosswise DEX & incubation program? How much percentage will you charge from the tokenomics of the new born projects? Nowadays, Lot of scam projects appear in crypto market & as soon as they got the funds from sales, they will abondoned the projects. So how will you filter the good projects from scam & rug pull ones?
Crosswise Presale will start on 27th of October. Can we still apply for the Presale to purchase $CRSS tokens? What is the procedure for whitelisting? Is KYC compulsory to be whitelisted? Please provide more valuable details about tomorrow presale such as token allocation (Maximum & minimum amount) per one participant, Initial value of $CRSS token & the purpose of the funds collecting from Presale? If I will not be able to get a chance to participate presale, When will you do another fundraising event so that I can prepare myself to participate early?
When you mention that you will see a pre-sale of the CRSS token soon, what is the minimum amount of BUSD that we must have in order to buy the CRSS token? How many CRSS tokens are allocated for opening? When they mention that they will see a presale of how much would be the minimum amount to buy tokens? Do they mention that the pre-sale begins in one day, is the registration of the white list already closed or are there still places available for us to register?
Crosswise uses dual currencies (XCRSS / CRSS). $ CRSS is used as a fee for transactions, while $ XCRSS is for the farm. Does the $ XCRSS token have any minimums? What is the maximum allocation of the $ CRSS token? With what percentage of fee can users make transactions on your platform? What other use cases does the $ CRSS have besides being the token used for transactions? bet before they are eligible to receive the $ XCRSS token as a reward?
I noticed that your presale starts within less than a day. There are three stages with 1 million allocation for each and the token price is 0.2 BUSD, 0.3 BUSD and 0.6 BUSD. Why does it gradually become extremely expensive? 0.6 BUSD is 3x from the initial stage. Could you please explain the differences of these stages? There is no doubt that participating in the first stage is more profitable. Does stage 1 require more qualifications to participate? Further, when the presale starts, do both stages go live or does each stage launch after the completion of the prior stage?
Currently, we are in the Q4 of 2022. However, only the web and dapp design has been completed from the milestones scheduled for the Q3. From the Q3 tasks, Beta version is yet to be lauched and the Whitepaper is yet to be published. What is the reason for this delay? You have planned the V1 release on BSC for this quarter. Will it also be postponed? When a team does not follow the roadmap, investors may hesitate to invest in the project. Do you have any plans to increase the efficiency of your team? Will you be able to achieve the future goals in a timely manner?
It caught my attention that there are no team tokens from your total allocation. It is an amazing feature because a lot of projects allocate more than 50% for their team members and advisors, and distribute a small portion among community members. However, do you offer any rewards or benefits for your team members? It is difficult to believe that a team will work voluntary. Please explain about the benefits/priviledges/rewards allocated for the team.
As a newcomer for Crosswise or Crypto environment, is that anything that you will want me to know about it?
Most people hate KYC as they wish to be anonymous. Is there a requirement for KYC?
What will be the upcoming big news about Crosswise which you can share with us?
Crosswise is not allocating tokens for your team, and there is a voting mechanism to make use of the power of your community to make Crosswise the best DEX. So,why does your platform is not allocating tokens for your team? What sense it can make it there is no tokens allocated with your team? As you have a voting mechanism to make use of the power of your community to make Crosswise the best DEX,so can you explain more about this voting mechanism? How can anyone be eligible to vote? How will be the voting process be implemented in your platform? With this voting mechanism,what impacts will it bring to the community and to the users of Crosswise? Thank you
Crosswise provides users with various yield farming pools.The platform incentivizes many liquidity pairs by offering their LPs the option to stake their CRSSLP(crosswise liquidity provider)tokens to their farms.Please I would like the various yield farming pools that are available?How can a user comfortably access their yield farming pools?In your mass harvest and stakes it is said that users make use of the features of cross DEX to put all their earned rewards automatically into the CRSS pool.How will a user know when his/her yield is matured and ready to harvest? Will putting all the CRSS rewards automatically into the CRSS pool attract more rewards? please elaborate on this Thanks
We know the crypto market is booming with various competitors and most of this cryptocurrency platforms are facing various set backs.There are projects like Gemini,Polonex,Bithumb ,Huobi Global and lots more.This projects have faced similar challenges and succeeded,they also have mouth watering features.What makes Crosswise finance unique or different from the other projects mentioned above?So far what mechanisms have this platform put in place to unify multiple chains, Internet technologies and trading tools to users the best when it comes to the cryptocurrency ecosystem?
Crosswise is offering a gasless Trading with the BSC network. So,as a new platform in the market how would you plan to manage to offer a gasless trading? What is the lowest rate of fees you can offer to users? As you offer a lower fees in trading,how would your platform generate revenue especially in terms of charging fees? Doe the low fees offer is good for long-term? Aside from offering a gasless trading,what other good features of your platform to serve better to users? thank you
As a trader myself in DEXs like Bittrex & Binance, I am familiar with some technical analysis about Candlestick charts. I would like to know, Will Crosswise Dex provide the trading tools like Candlestick charts, Depth charts etc..to predict the trend of the currencies for a better trading? What are the time intervals that you will add to the Candlestick charts, Will it be 1 min, 5min, 15 min, 30 min etc…? Initially What types of trading options will you support through Crosswise DEX, Will it be Spot tradings or Margin trading?Presently lot of traders used to do day tradings & scalping. So What facilities will you provide them to get a higher profit than other DEXs in crypto Sphere? What types of oracles will you use in Crosswise price charts to get the accurate analytics of currencies at the relevant time?
In Future, Crosswise project will do ETH release development, Avalanche release development & Solana release development respectively. Is this kind a multi chain integration? Could you elaborate more things regarding this topic? Will you add only three networks mentioned above? What about other blockchain networks? What will be the benefits for Crosswise community after releasing ETH, Avalanche & Solana developments?
I have a question, How will you manage the expenses for the team of Crosswise project? Because You have not allocated a token allotment for the team vestings. Why is that? But you have stated that 8% of $CRSS tokens will be for emissions of Dev wallet while the total supply is 50,000,000. What are you going to do with that amount? Please clarify this case clearly?
question:
One very impressive feature of CROSSWISE is the fact that it has Zero Team-Tokens which means it’s all about the Product and the community.
So,
What makes you decide to have this Token sharing?
Do you have other income streams for the Team to survive?
question:
I noticed many IDOs and Pre-Sales have been postponed due to the Lack of Preparations and other exploits.
So,
What are the preparations , challenges , and expectation from the CROSSWISE Team going into your Presale event this October 27th?
How many percent user have the assurance that crosswise be a good project?
and If ever we will gonna a problem or issue whom we will address it? Is possible that you can easily fix it? This is the question that I’m thinking and wanted to have an answer.
The Crosswise platform will have a personal account area for all
its users to help them with setting up their accounts &
preferences. The personal account area lets the user personalize
their experience. If ever we will gonna a problem or issue whom we will address it? Is possible that you can easily fix it? This is the question that I’m thinking and wanted to have an answer.
he Crosswise platform will have a personal account area for all
its users to help them with setting up their accounts &
preferences. The personal account area lets the user personalize
their experience. How can we assure the safety or this cannot be seen by other user? If ever we will gonna a problem or issue whom we will address it? Is possible that you can easily fix it?