{"id":19558,"date":"2022-05-10T20:13:41","date_gmt":"2022-05-10T17:13:41","guid":{"rendered":"https:\/\/esatoshi.club\/?p=19558"},"modified":"2022-05-10T20:13:44","modified_gmt":"2022-05-10T17:13:44","slug":"coinx-x-satoshi-club-ama-recap-from-the-10th-of-may","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2022\/05\/10\/coinx-x-satoshi-club-ama-recap-from-the-10th-of-may\/","title":{"rendered":"COINX x Satoshi Club AMA Recap from the 10th of May"},"content":{"rendered":"\n<p>Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from  COINX  and our guest was . The AMA took place on the 10th of May.<\/p>\n\n\n\n<p>The AMA session was divided into 3 parts with a total crypto reward pool of $500<\/p>\n\n\n\n<p>In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part 1 \u2014 introduction and questions from the Telegram&amp;WebSite<\/strong><\/h2>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Greetings, dear Satoshi Club community! We are pleased to\nannounce AMA with COINX<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>So, here we are! Welcome to our first AMA for today! <\/p>\n\n\n\n<p>Let us welcome our guests! <\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Today our&nbsp; guests are <\/p>\n\n\n\n<p>@dominic_cnx<\/p>\n\n\n\n<p>@DannyBotTr<\/p>\n\n\n\n<p>@benjavision<\/p>\n\n\n\n<p>@CNX_JEF<\/p>\n\n\n\n<p>@dletsch<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Hello, thank you for having us <\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>A hockey team!<\/p>\n\n\n\n<p>Welcome to Satoshi Club!<\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>Happy to be here with you guys! <\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Hello and welcome to Satoshi Club, guys!<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>And we are excited to hosting this AMA. And looking forward\nto a great conversation<\/p>\n\n\n\n<p>So, how are you doing, guys?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Thank you for asking. I am doing fine! How are you guys\ndoing?<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>We are honoured to have you here today <\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>I&#8217;m doing great what about yourself?<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Let&#8217;s start with the introduction to warm up.<\/p>\n\n\n\n<p>Jeff CNX<\/p>\n\n\n\n<p>very good and very busy with our presale<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Great! Let&#8217;s start! <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Sure, bring it on!<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Introduce yourself please. How did you get to be involved in\ncrypto &amp; COINX<\/p>\n\n\n\n<p>And about your position in COINX<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>My name is Dominic Letsch, and I am currently the CEO of CNX-Network. I started with crypto in 2014 when I first discovered Bitcoin. At that time it was quite hard to get BTC, but from there on I was already really interested in blockchain technology and its benefits.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Great background<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>I started CNX-Network because I want to help people out\nworldwide. <\/p>\n\n\n\n<p>The biggest issue that I was facing in today\u2019s world is that\nmost of the online companies are taking advantage of people. Charging way to\nhigh fees because they know they have a monopoly in this section. I am talking\nabout all kinds of platforms in which people get their jobs from or\napplications which are used a lot in daily life. <\/p>\n\n\n\n<p>So there was my question: Why can\u2019t we create an ecosystem\nof all of the existing platforms, with almost no fees, which are helping people\nout in daily life, running on our own blockchain and crypto currency. This way\nwe can help people with low incomes to also make the world a better place for\nthem.<\/p>\n\n\n\n<p>So what I want to achieve is a network that is helping\npeople out.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>So what we actually want to do is recreate the most used\napplications\/ platforms and make them ours, running on our own blockchain and\ncrypto.<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Social orientation worth respect! <\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>this altruism is very commendable<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Thank you very much. We appreciate that <\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Give us a brief introduction to the project. What is the\nessence of COINX<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Well, thank you for asking. We are creating an utility\nnetwork with applications which are mostly encrypted, interconnected and same\ninterface looking applications which are mostly used in daily life. <\/p>\n\n\n\n<p>In the future, CNX-Network will create at least 100\napplications which are as self-sustainable as possible and which are all\ninterconnected within the CNX-Network. With just 1 login, you will be able to\naccess all utilities while being protected with our secure authenticator\napplication.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>This sounds ambitious.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>We try to finish these 100 applications in a time period of\n2 years. We will try to make these applications as self sustainable as possible\nso we won&#8217;t need a lot of employees to do the work for us. This way we want to\ntry to avoid high fees as much as possible.<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Could you give an example of such applications? The original\nones, I mean<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Also we would like to know more about your team. Who is on\nthe project team core?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Thank you, we have already prepared a lot and we also have a\nlot of Ui designs ready for the next phase of our mission.<\/p>\n\n\n\n<p>Yes I can. For example, fiverr is a self sustainable\nplatform. But they are charging outrageous fees to the people who are doing\nprojects for their customers. We have investigated a lot of applications and we\nnoticed that they all are asking fees from at least 20%, which is ridiculous of\ncourse. They are taking advantage of workers in poor countries for their own\nbenefit.<\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>Most of our core team has been doxxed and can be found at\nthe end of the whitepaper. Dominic is the ceo, started with a vision and\nworking on realizing the network and apps. Chris is our chief technical\nofficer. I&#8217;m currently the chief marketing officer. Clarence makes sure the\nright people are occupying the positions within the team. Bilal makes sure the\nsystem is secure.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thanks for sharing <\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>Besides our core members we have a great team of developers\nwho ofcourse can&#8217;t be left out <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Another example is IT recruiters. They are asking way to\nhigh fees to associate them with projects of their clients. I want such kind of\napplications to be almost free of charge, but they all need to be paid in CNX.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>we see that you managed to create a dream team<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Great introduction, guys! <\/p>\n\n\n\n<p>Let&#8217;s the questions from our community members that were\nselected for you<\/p>\n\n\n\n<p>Are you ready?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>We also already have created a real cool recruiters\nplatform, this is one of the 25 utilities we want to bring out before the end\nof this year.<\/p>\n\n\n\n<p>Bring it on.<\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>Ready when you are <\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q1 From Telegram User @Danylko_UA<\/em><\/p>\n\n\n\n<p><em>Due my research on CoinX, looking at the aim and visions of the platform, with no doubts, CoinX is doing a good Job and I am very much interested in CoinX. To get started on the platform, I observed that a user needs to invest first. You had mentioned four different investment packages: Pack 1, Pack 2, Pack 3 and Pack 4. I would like to know about each investment package (Give a basic description of each). What is the amount of funds needed to get started with each Pack? What is the benefits\/incentives tied to each of these packs? Is it possible to subscribe for more that one investment package a single account?<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Well a few questions are asked in here. Lets start with the\npackages!<\/p>\n\n\n\n<p>Well like you see we have 4 different kinds of packages, but\ncustom investments are also possible.<\/p>\n\n\n\n<p>Investment rewards package of 35 USD:<\/p>\n\n\n\n<p>&#8211; Free VPN for lifetime with your CNX account.<\/p>\n\n\n\n<p>&#8211; 10% bonus for CoinX Miner App who have joined since\n30-04-2022<\/p>\n\n\n\n<p>In the second package from 350 USD we have the following\ninvesting rewards:<\/p>\n\n\n\n<p>&#8211; Free VPN for lifetime with your CNX account<\/p>\n\n\n\n<p>&#8211; 10% bonus coins for CoinX Miner App users who have joined\nsince 30-04-2022<\/p>\n\n\n\n<p>&#8211; CNX-Visa Card<\/p>\n\n\n\n<p>&#8211; We have a limited offer in which the investor will get a\nphysical coin that comes with a NFT. Only 1.000 of them will ever be made. This\nNFT will be shown in the WalletX application under the section \u201cNFT\nmarketplace\u201d. This is not available yet, but we predict that this will be\nlaunched somewhere during the presale. We first have to test everything\nproperly.<\/p>\n\n\n\n<p>In the third package from 3,500 USD we have the following\ninvesting rewards:<\/p>\n\n\n\n<p>&#8211; Free VPN for lifetime with your CNX account<\/p>\n\n\n\n<p>&#8211; 10% bonus coins for CoinX Miner App users who have joined\nsince 30-04-2022<\/p>\n\n\n\n<p>&#8211; CNX-Visa Card<\/p>\n\n\n\n<p>&#8211; Free Netflix and Disney+ for 1 year<\/p>\n\n\n\n<p>&#8211; 7% staking rewards per year<\/p>\n\n\n\n<p>&#8211; 8% cashback in advoucher money<\/p>\n\n\n\n<p>We have a limited offer in which the investor will get a\npure silver coin that comes with a NFT. Only 500 of them will ever be made.\nThis NFT will be shown in the WalletX application under the section \u201cNFT\nmarketplace\u201d. This is not available yet but we predict that this will be\nlaunched somewhere during the presale. We have to test everything properly.<\/p>\n\n\n\n<p>In the third package from 35,000 USD we have the following\ninvesting rewards:<\/p>\n\n\n\n<p>&#8211; Free VPN for lifetime with your CNX account<\/p>\n\n\n\n<p>&#8211; 10% bonus coins for CoinX Miner App users who have joined\nsince 30-04-2022<\/p>\n\n\n\n<p>&#8211; CNX-Visa Card<\/p>\n\n\n\n<p>&#8211; Free Netflix and Disney+ for 1 year<\/p>\n\n\n\n<p>&#8211; 12% staking rewards per year<\/p>\n\n\n\n<p>&#8211; 14% cashback in advoucher money<\/p>\n\n\n\n<p>&#8211; CNX-VIP member + CNX VIP NFT<\/p>\n\n\n\n<p>&#8211; We have a limited offer in which the investor will get a\n24K golden coin that comes with a NFT. Only 50 of them will ever be made. This\nNFT will be shown in the WalletX application under the section \u201cNFT\nmarketplace\u201d. This is not available yet but we predict that this will be\nlaunched somewhere during the presale. We have to test everything properly.<\/p>\n\n\n\n<p>These packages are only for the presale.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Then lets go to the second question in Q1!<\/p>\n\n\n\n<p>What is the benefits\/incentives tied to each of these packs?<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Go ahead<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>This question I already have answered above in the packages <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Is it possible to subscribe for more that one investment\npackage a single account?<\/p>\n\n\n\n<p>No it is not possible to purchase the same package for one\nperson of the same price, but it is possible to upgrade a lower pack to a\nbetter pack, for example if you have purchased a 35 dollar pack and want to\nupgrade to pack 2, the 350 dollar pack, you would have to place a new order for\nat least 315 dollars. With only the exception for the limited edition coin that\nis in each pack.<\/p>\n\n\n\n<p>To explain this further: Users will only be able to receive\n1 limited edition coin. This will be determined by the first pack that they\nhave purchased. So with the purchase of a 350 dollar pack. And an upgrade to\nfor example the 3.500 or 35.000 USD pack you will only get one of the 1.000,\n\u2018350 dollar package\u2019 coins. Not the 35.000 USD 24K golden one.<\/p>\n\n\n\n<p>This also counts for the NFT!<\/p>\n\n\n\n<p>I think I have just answered all of your questions in here.\nDo you guys have any further questions?<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Clear answers<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thanks <\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>I think we&#8217;re good here! Let&#8217;s proceed to the question nr 2!<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Good to hear!<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q2 From Telegram User @ghostofcharmeleon<\/em><\/p>\n\n\n\n<p><em>On the first page of your website, you are offered to buy your token on the presale. I went to the page of packages for participation and noted such a moment that all investment packages, except the cheapest, assume NFT in their availability. Tell us what this NFT gives in the future and what kind of usability it will have? Are the NFTs in these packages different or are they the same?<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Well to answer the first part of your question, this NFT is\na gift from us during the presale. In a later phase people would be able to\nsell this NFT. But you have to see this as a thing which only presale participators\ncan have. So they are limited editions and are only available for the people\nwho believed in us from the start of our project.<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>So what are the requirements tot get NFTs? Only to take part\nin PreSale or the necessity to spent certain amount of money?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>For the second part of your question. They are all different\nand they have a different label. We have the Bronze label NFT (350 USD\ninvestments), the Silver label NFT (3500 USD investments) and the gold label\nNFT (35000 USD investments). There is actually a fun fact, the physical coins\nyou get from the investment reward is linked to this NFT. So the physical coin\nand the NFT are connected to each other.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Btw please share your roadmap with us<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Sure, give me a moment!<\/p>\n\n\n\n<p><strong>Benji<\/strong><\/p>\n\n\n\n<p>There are for example 1000 bronze coins\/ nft&#8217;s available.\nThe first 1000 investors who have purchased the 350 pack will receive the coin\nand NFT. Same goes for silver and gold coins\/nft&#8217;s<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"473\" height=\"1024\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2022-05-10_19-42-16-473x1024.jpg\" alt=\"\" class=\"wp-image-19559\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2022-05-10_19-42-16-473x1024.jpg 473w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2022-05-10_19-42-16-139x300.jpg 139w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2022-05-10_19-42-16.jpg 591w\" sizes=\"(max-width: 473px) 100vw, 473px\" \/><\/figure>\n\n\n\n<p>On page 42 of our white paper you can find our roadmap! Link: <a href=\"https:\/\/cnxnetwork.org\/static\/media\/whitepaper.2c8e0e4e3ce18f4377fe.pdf\">https:\/\/cnxnetwork.org\/static\/media\/whitepaper.2c8e0e4e3ce18f4377fe.pdf<\/a><\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Amazing <\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Thanks, guys! Let&#8217;s check the 3rd question if you are ready<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Thank you <\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q3 From Telegram User @NataliyaKil<\/em><\/p>\n\n\n\n<p><em>According to the information in the roadmap, CoinX has been around since 2020. And you offer us in the beginning of the project a range of 7 quintessential apps. But already for the 3rd quarter of 2022, you planned testing 25 utility applications at once, and their launch for the 4th quarter. Can we see somewhere a complete list of applications implemented so far and planned for 2022? In addition, you say that CNX offers the possibility of the network to expand beyond 100 applications. Approximately over what period of time do you plan to reach this number of applications?<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>We have worked hard on our white paper!<\/p>\n\n\n\n<p>Lets answer the first question. No, due to business\nsensitive information we have not released a complete list of the 25 utility\napplications which are planned for this year. Currently only 7 of them can be\nfound on our official website https:\/\/cnxnetwork.org <\/p>\n\n\n\n<p>There will be polls posted in the official channels where\nthe community can choose and suggest utility apps. The community will have a\nlarge input in which apps will be made first.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Secondly<\/p>\n\n\n\n<p>Our vision is to have the 100 utility applications ready at\n30-04-2024 (Approximately 2 years from now). The apps will all be released one\nby one in the same time period. We have a big team of developers already\nworking on these applications as we speak.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Sounds great <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>We will create all kind of applications that will benefit\npeople all around the world!<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>With CNX as a payment method.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thank you very much for your clarifications and also for the\nfact that you want to make our world a better place.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Are you ready for the next question <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Alwayss<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q4 From Telegram User @thisistoyin<\/em><\/p>\n\n\n\n<p><em>Browsing through your Road map, in 2022 Q2 Which was the Launch of wallet X. However, i learnt that the Wallet X has been launched already, and while trying to access and Test it functions via your site, i was unable to proceed with signing up, because as i was asked to invest before being able to get an Account. Therefore i\u2019m curious to know about what it takes for users to invest, can you please state the procedures and requirements that\u2019s is needed before been able to get access to the Wallet X? I would appreciate it, if you can tell us about the full functionality and utilities of the Wallet X? Furthermore, i noticed that the mobile application is yet to be available for downloads, when should we we expect the mobile version?<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Currently, the only way to get access to WalletX is to\ninvest during the pre-sale. This is an early access for people who believe in\nour project and who will see us grow. Later on, when WalletX has developed to\nthe next stage, other users will also be able to create an account and use\nWalletX. We expect this to be done in the next quarter.<\/p>\n\n\n\n<p>In the wallet you can store your crypto\u2019s. You can also\ntransfer coins and tokens from 1 wallet to another wallet. At some point we\nwant to transform this wallet into an exchange. CNX-Network is a network of\napplications and platforms, so we want simple payments through our network. So\nit should be possible to make transactions easily through this application with\nyour authenticator app and the right amount of CNX in your wallet.<\/p>\n\n\n\n<p>We are not talking about CNX only, but also crypto&#8217;s like\nBitcoin and Ethereum.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>thanks for the answers.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>You\u2019re welcome <\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>but what about security<\/p>\n\n\n\n<p>have you conducted any audits of smart contracts<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Well our authenticator application is already a security in\nour network. Next to this, we have a team of very qualified developers who are\ntaking care of the security so it is always up-to-date.<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>I think, it is essential to know that everything is secured!\n<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thanks for clarifying <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>CNX is running on its own blockchain. It is actually a smart\ncontract in our own blockchain and our developers are continously checking each\nothers work, so the security will be as a high as possible.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Are you ready for the next question?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Bring it on!<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q5 From Telegram User @Anne_Tim<\/em><\/p>\n\n\n\n<p><em>VISA and MasterCard are marked as official partners of CNX network that provides an additional trust to project perspectives. What additional advantages do these partnerships provide to CNX users? Is it all guarantees mass adoption and the expansion of utility fields? Can the VISA and MC holders pay using CNX token or the conversion to traditional currencies? Thank you! <\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Let&#8217;s start with the first question, what are the advantages\nfor the CNX users.<\/p>\n\n\n\n<p>Users can use their VISA or Mastercard to make payments\nthrough the internet worldwide. VISA and Mastercard are one of the most used\npayment methods all over the world. So in this case, the users can take\nadventage of the world wide benefits which are provided by VISA and Mastercard.<\/p>\n\n\n\n<p>Yes, users are able to purchase and use their VISA and\nMastercard in everyday use, so they can also use it to convert their CNX tokens\ninto Euros and USD in the WalletX application.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>great usecase<\/p>\n\n\n\n<p>Thanks for your great answers <\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>This way, you can easily swap your current tokens or coins\ninto a currency, like usd, which can easily be deposit from the WalletX\napplication into your card.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>for many users this feature will be very important<\/p>\n\n\n\n<p>Are you ready for the last question of this part or you want\nto add something?<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>It is an easy and quick way to deposit money to your card <\/p>\n\n\n\n<p>Yes, bring it on!<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p><em>Q6 From Telegram User @Billz120<\/em><\/p>\n\n\n\n<p><em>Hello Team Coin-x \u2013 it caught my attention while reading on your website that in the Promotion Phase of Coin-x, users are presented with the opportunity to mine CNX- Coins for free on the Coin-x Miner App, for only a limited amount of time and for a limited amount of people. Please will like to know, is the Promotion Phase of Coin-x still open for mine ? Could you explain to us the time duration allocated for mining to users after which the free mining of Coin-x will end ? I read that there is a limited amount of people for this free mining of Coin-x, Could you please tell us the actual number of people targeted for this free Coin-x mining during the promotion phase ? Lastly, Is there any special criteria as to eligibility to qualify to be amongst the limited number of people for free Coin-x mining ? Please explain to us<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Is the CoinX Miner App still open for mine?&nbsp;&nbsp;&nbsp; Yes it is, because it is a great way to\nextent our community, but it will close in a short period of time.<\/p>\n\n\n\n<p>To be exact, there can only be a limited amount of active\nminers on the coinx miner app. If this limit is exceeded, new miners and miners\nthat come back after not having mined for a while will be placed into a waiting\nlist and will have to wait their turn to mine. This way we give everybody a\nchance to mine. But like we said, this mining app will be closed very shortly.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Pretty original solution.<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>We have reached a community of 250K+ users at the moment\nwith this application. Our plan is that we are giving away 1% of the total\nsupply.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>not bad<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Thank you! We are really happy with our community and we\nappriciate them that they are helping us to grow.<\/p>\n\n\n\n<p><strong>Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n<p>Thanks for this great first part of AMA. Can you please\nshare with us your useful social links<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Yes!<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Facebook: <a href=\"https:\/\/www.facebook.com\/coinxminer\">https:\/\/www.facebook.com\/coinxminer<\/a><\/p>\n\n\n\n<p>Instagram: <a href=\"https:\/\/www.instagram.com\/coinx_miner\/\">https:\/\/www.instagram.com\/coinx_miner\/<\/a><\/p>\n\n\n\n<p>Telegram: <a href=\"https:\/\/t.me\/chatcoinx\">https:\/\/t.me\/chatcoinx<\/a> <\/p>\n\n\n\n<p>Linked in:\u00a0 <a href=\"https:\/\/www.linkedin.com\/company\/cnx-network-lte\">https:\/\/www.linkedin.com\/company\/cnx-network-lte<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/coinxofficial_\">https:\/\/twitter.com\/coinxofficial_<\/a> <\/p>\n\n\n\n<p>Youtube: <a href=\"https:\/\/youtube.com\/channel\/UCnNkwmBgSenPXwQhaA9h2EQ\">https:\/\/youtube.com\/channel\/UCnNkwmBgSenPXwQhaA9h2EQ<\/a><\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>And here is the end of Part 1!<\/p>\n\n\n\n<p>Get ready for some action now!<\/p>\n\n\n\n<p>We will allow our community members to ask their questions\nLIVE<\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>Allright, let\u2019s begin!<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>We will open chat for 120 seconds. Once we close it back\nplease choose 10 questions to answer<\/p>\n\n\n\n<p>Please do not answer any questions during the storm<\/p>\n\n\n\n<p><strong>Pavel P<\/strong><\/p>\n\n\n\n<p>Opening chat in 5!<\/p>\n\n\n\n<h2><strong>Part 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><em>Q1 from Telegram user <\/em> <strong><em>@UAEhamdan <\/em><\/strong><\/p>\n\n\n\n<p><em>What are the available payment options to participate in the pre-sale to buy your token ??<\/em><\/p>\n\n\n\n<p><strong>Dominic Letsch<\/strong><\/p>\n\n\n\n<p>This is a good question. Let me answer that:We accept payments in Bitcoin, Ethereum, USDT ERC-20, USDT BEP-20 and USDT TRC-20<\/p>\n\n\n\n<p> <em>Q2 from Telegram user <strong>@lattebuck   <\/strong><\/em><\/p>\n\n\n\n<p><em>How many people are in the core team COINX project and what is the experiences of the team before this project?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>I also really like this question, let me answer to that as well:In the core team we have 7 members, in the team we also have 7 members and on top of that we have 6 developers who did not want to be in the whitepaper. You can see our pictures on www.cnxnetwork.org\/whitepaper<\/p>\n\n\n\n<p> <em>Q3 from Telegram user <strong>@Nhairym   <\/strong><\/em><\/p>\n\n\n\n<p><em>The community is essential to achieve a solid evolution, what kind of participation does the community have in the platform&#8217;s management, how do they plan to attract new partners and collaborators, and what tools do they give their users, investors and developers so they can obtain real profits, How can we have passive income in CoinX, which networks can operate their protocol and what structure must the applications have to be admitted in CoinX?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>Hello! Our community is very important. Since the community will decide on what utility apps will be developed next. We will release polls on our socials in the near future to find out which utility apps have the highest priority.<\/p>\n\n\n\n<p> <em>Q4 from Telegram user <strong>TommY   <\/strong><\/em><\/p>\n\n\n\n<p><em>You team is really doing hard and great work just asking incase about their experience , Did they work on any Crypto Project or Non crypto related project  before ?! And are they Doxxed ?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>Yes we have an expierenced team in crypto with also members in it who were also involved in other crypto projects.<\/p>\n\n\n\n<p> <em>Q5 from Telegram user <strong>@Raisbelys   <\/strong><\/em><\/p>\n\n\n\n<p><em>Do I need to have a KYC or verification to participate in your presale? Why have you decided to limit the pre-sale to only people who have the respective verification? Can you tell me what are all the requirements I need to participate and how can I do it? What is the minimum and maximum amount to buy?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>Yes, it&#8217;s a legal requirement to verify your identity. We are currently in partnership with one of the best kyc authenticator companies. When you follow the steps in the pre sale it&#8217;ll take you to a qr part where a selfie and photo of a government identity is asked.<\/p>\n\n\n\n<p> <em>Q6 from Telegram user <strong>Miso-Kim   <\/strong><\/em><\/p>\n\n\n\n<p><em>What does the letter &#8220;X&#8221; represent in your project name CoinX?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>The X Symbolizes the variety of applications that are planned for the CNX Network.- The symbol &#8221;X&#8221; is what indicates us.<\/p>\n\n\n\n<p> <em>Q7 from Telegram user <\/em>  <em><strong>@sagor_pudina <\/strong><\/em><\/p>\n\n\n\n<p><em>Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partnership<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>CNX Network will do business in as many countries as possible. Unfortunately, some countries have restrictions for crypto currencies and therefore we are limited in our options for these countries. The list of countries that have these restrictions can be found in the whitepaper.<\/p>\n\n\n\n<p> <em>Q8 from Telegram user <strong>@sagor_pudina   <\/strong><\/em><\/p>\n\n\n\n<p><em>hi sir?<br> Staking  programme is very important for any project,?  Can i stake your token,?   Do you have any plan of starting staking programme?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>This one is also good. We do allow staking after the presale in WalletX. People can lock their coins for 3, 6 or 12 months to get staking rewards APY.<\/p>\n\n\n\n<p> <em>Q9 from Telegram user <\/em>  <em><strong>@TreBienz <\/strong><\/em><\/p>\n\n\n\n<p><em>is it true that user must use WalletX if they want to buy CNX token ? are CNX token not possible to use with other wallet ? how about metamask, since im only using metamask?<\/em><\/p>\n\n\n\n<p> <strong>Dominic Letsch<\/strong> <\/p>\n\n\n\n<p>It is also possible to also have CNX on your Metamask. But we have not announced this yet to our community. But it will be announced very soon because this is an other milestone during our presale.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><\/h2>\n\n\n\n<p>As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For more information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group:&nbsp;<a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a><br>Russian Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a><br>Spanish Telegram group:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a><br>Telegram Channel:&nbsp;<a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a><br>Twitter:&nbsp;<a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a><br>Website:&nbsp;<a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our partners:<br><\/strong>Telegram-<a href=\"https:\/\/t.me\/chatcoinx\">https:\/\/t.me\/chatcoinx<\/a><br>WebSite &#8211;\u00a0<a href=\"https:\/\/www.cnxnetwork.org\/\">https:\/\/www.cnxnetwork.org\/<\/a><br>Twitter-<a href=\"https:\/\/twitter.com\/coinxofficial_\">https:\/\/twitter.com\/coinxofficial_<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from COINX and our guest was . The AMA took place on the 10th of May. The AMA session was divided into 3 parts with a total crypto reward pool of [&hellip;]<\/p>\n","protected":false},"author":179,"featured_media":19488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/19558"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/179"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=19558"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/19558\/revisions"}],"predecessor-version":[{"id":19560,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/19558\/revisions\/19560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/19488"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=19558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=19558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=19558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}