{"id":2085,"date":"2020-10-05T19:39:41","date_gmt":"2020-10-05T16:39:41","guid":{"rendered":"https:\/\/esatoshi.club\/?p=2085"},"modified":"2020-10-05T19:39:46","modified_gmt":"2020-10-05T16:39:46","slug":"chartex-x-satoshiclub-ama-from-03-october","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/10\/05\/chartex-x-satoshiclub-ama-from-03-october\/","title":{"rendered":"ChartEX x SatoshiClub AMA from 03 October"},"content":{"rendered":"\n

Pleasure in the job puts perfection in the work, Aristotle said. And you can feel this perfection in project which we have for the following AMA session. Today we would like to tell you about the AMA session with our friends from ChartEX. The AMA took place on October 03 and our guest was @blockminded<\/a>.<\/p>\n\n\n\n

The total reward pool was 500$ and has been splitted in 3 parts.<\/p>\n\n\n\n

In this AMA Recap we will try to summarise the most interesting points for you.<\/p>\n\n\n\n

Part\n1 \u2014 introduction <\/strong>and\n<\/strong>questions\nfrom the Telegram<\/strong>&Bitcointalk<\/strong>\ncommunity<\/strong><\/h2>\n\n\n\n

Mary | Satoshi Club: <\/strong>Good afternoon, Satoshi Club! Today we are happy to announce our AMA with ChartEx! Welcome to Satoshi Club :grinning:<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>Thank you for your warm welcome! <\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> hello Satoshi club! <\/strong>@blockminded<\/a> hello! welcome!<\/p>\n\n\n\n

Serg | Satoshi Club:<\/strong> Welcome to Satoshi Club \ud83d\ude42<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Please, tell us a bit about yourself and about your project) how this excellent idea was born)<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>I’m a software engineer by background, and I’ve always had an interest in data, how the underlying markets work and seeing whether there’s any way to identify opportunities for this. TA, whilst partly skill of recognising things by eye is also about maths and data too, so late in 2017 I looked to better understand markets that were not featured on the larger platforms like TradingView, and the precursors to ChartEx were born in the form of a chart bot for Discord<\/p>\n\n\n\n

TradingView in 2017\nsupported Bitstamp and perhaps a few other large exchanges, but there\nwas very little coverage of the emerging competitors – Kucoin,\nBinance etc. which were gaining huge popularity with their users, so\nI set to understanding their APIs and trying to chart these<\/p>\n\n\n\n

and in early 2019\nChartEx itself was born, and was one of the only places you could\nchart Binance, Kucoin, Bitmax and a few others. \n<\/p>\n\n\n\n

Into 2020 of course Uniswap took off in a huge way, but unlike those big centralised exchanges with robust APIs to collect data, nothing existed for Uniswap aside from scraping raw trade information either on-chain or through some smaller API providers and so ChartEx became one of the first providers to introduce Uniswap charts. <\/p>\n\n\n\n

by accident, an\ninfluencer – CryptoMessiah tweeted about having discovered this\namazing place to chart Defi coins, and just like that, my servers\nimploded under the demand. which really did set the course for where\nwe are today – we had to scale, adapt and improve to support the huge\nnumber of visitors we now cater for.<\/p>\n\n\n\n

that’s the backstory\nof ChartEx, is there anything more you’d like to cover in the\nintroduction?<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> great introduction thank you!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Thank you, it’s clear and i really interested in your answers to the questions from our community)<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> Great!<\/p>\n\n\n\n

Q1 from bitcointalk user let098765 @jobel4<\/a> on Telegram<\/em><\/p>\n\n\n\n

Honestly I can’t understand the chart of Chartex so can you simply explain the chart of Chartex? Do you have any tutorial video or guidelines on how to use Chartex? Do you also plan to launch mobile application version for Chartex, for easy use of your platform?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>OK, so this is a very interesting question. ChartEx is very much geared towards those already comfortable using TradingView, which is the industry leader in charting, so if you can use TradingView, you can use ChartEx – that being said, we are seeing a lot of new users finding Defi for the first time that have not ever seen TradingView or used it, so we’re working on some introductory content for this which will cover the basics – it won’t necessarily teach you Technical Analysis, but will outline the tools and how you could use them.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>would be cool to have a guide about how to use all these tools:eyes:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Mary | Satoshi Club: <\/strong>Yes, for example i can only see this picture, but i don’t know how to find this)<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> There’s also a lot of traders who use ChartEx on their own live streams, last week, CryptoWendo, an influencer on twitter and Youtube spent a lot of time running through Defi coins using ChartEx charts, so there’s a lot to be learnt from this. With respect to the top movers, that’s currently not available to the public, I produce these daily on Twitter to give a recap of the events of the day, but the API that powers this will be opened up to the public in the coming quarter – and this will not only allow you to see these yourself, but make your own interesting interpretations of our data<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Thank you, now i am quiet and patiently waiting for your updates)))<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>finally, with respect to the mobile application – it’s in active development but it’s not our top priority at the moment, there’s some early user interface screenshots I can share but we don’t have a firm delivery date on this – especially as the Apple App Store for example has quite stringent regulation around applications serving crypto and defi for example<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

this is an early preview of some of the function the mobile app will have<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> very informative answer @blockminded<\/a> thank you<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> It looks sweet))) hope to see this charts on my phone soon)<\/p>\n\n\n\n

Q2 from bitcointalk user juanes @juaniss<\/a> on Telegram<\/em><\/p>\n\n\n\n

I have read that saving and loading charts is one of the most popular feature on your platform. But I didn’t quite understand what is its feature, how does it work?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>there’s nothing more frustrating than closing a tab on your browser and losing the chart you’d spent a lot of time working out support and resistance levels, identifying trendlines and perhaps looking at the output of the indicators you might use for technical analysis. this in itself requires more infrastructure and a way of users being able to identify themselves<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> That’s true 🤣<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> so our next major release that will be exclusive to CHART token holders will be the means to save your progress and retrieve your charts at any time using a very simple wallet-based login. so anywhere you have Metamask (and other Web3 compatible wallets) you’ll be able to log in and retrieve your work in progress.<\/p>\n\n\n\n

for some who just\nwant to see a quick chart and move on, this won’t be a huge deal, but\nfor some who spend hours in front of charts, with 20 tabs across a\nhandful of screens for example, this is a huge deal for them!<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Only for CHART holders?) How nany CHARTs i need to have to have this feature available?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> that will be announced tomorrow as we outline more details on the next release. but it will be an amount of CHART that’s affordable, because ChartEx at its core was built for the community<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> @madamlobster<\/a> this feature for you. you are experienced trader :eyes:<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> No, but i want to be:joy: i still have just one monitor)<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> I also heard that some people don’t like dark blue as a background colour – so this will allow you to also customise those aspects of your charts (and save them for later)<\/p>\n\n\n\n

Q3\nfrom Telegram user @bitociok<\/a><\/em><\/p>\n\n\n\n

Do you think you can get a lot of popularity and new users to your platform? how do you convince them to use your charts? also, how many users you had so far?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>I think there’s a lot of contributing factors that will mean DEX trading will become more important, the recent news of Bitmex being prosecuted for example sent a shock across the industry that other exchanges will be next. As DEX trading increases, liquidity should follow, this will make for DEX markets to be less volatile (we hope) and users will become more comfortable with the experience<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Do you have competitors? I mean exactly Uniswap charts?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> this will in turn mean more users seek to get that extra advantage, through charts, analytical tools, access to data<\/p>\n\n\n\n

\nthere’s a small number of other providers, but I believe our coverage\nis most comprehensive – I don’t know if I’m biased but I see more\nChartEx branded charts across social media than other providers, so\nthe brand awareness exists<\/p>\n\n\n\n

\nas our platform evolves we’ll differentiate ourselves further from\nbeing ‘just charts’ and I think that’s where our true value will\nstart to shine<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>As i understand now you have only Uniswap? Am i right?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> we’ll support more Dex’s, more blockchains and more insights into data than just a list of trades. Yes, as of right now, Uniswap is the only platform that is live. but… there are more than 1 other platform in the late stages of testing at the moment<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> You answeres are faster then my questions 🤣<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>I’ve had my morning coffee<\/p>\n\n\n\n

D.\n| Satoshi Club:<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

btw, im a bit confused about your market cap and token circulation…can you clarify the numbers?<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>Neither are correct unfortunately, CoinGecko’s is closer but it reflects a small amount of tokens that are not actually circulating, so the correct number of circulating tokens is 33,250,000. CoinGecko count tokens allocated for exchange liquidity in their calculation<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>They didn’t have morning coffee :coffee: i think)))<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> CoinMarketCap will not disclose their calculation but I have asked them more than once to revise their figures<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> It’s common problem with all cointrackers<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> I like the CMC guys a lot to be honest, but I can’t really help if they won’t tell me where their calculation differs from mine. they were super helpful on our launch<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Yes, but they have a huge volume of work<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>yes absolutely – our tokenomics for anyone that’s interested are published at about.chartex.pro<\/a><\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>We are interested) will definitely check this, thank you:+1:<\/p>\n\n\n\n

Q4 from Telegram Username @julioceazar<\/a><\/em><\/p>\n\n\n\n

ChartEx started as a complementary charting bot in Discord and Telegram. What is the reason behind launching your own token and join the DeFi craze? What will be the uses of $CHART?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>Great question. so I’ll start with uses, and then expand a little on the back story which should give the context needed to answer this fully the short term use cases will be around the charting platform itself – as we touched on a little earlier, holding CHART tokens will be a requisite requirement to enable users to save and load charts, the features that will follow afterwards such as the enhanced telegram bots, the watchlists and our higher level data insights and API access will require either holding a specific amount of CHART tokens or both holding and a regular subscription fee – we recognise the value in our API for example in giving raw access to developers and power users, so that would for example be a subscription product because we can forsee a lot of use of this and therefore the technical requirements to support this will require infrastructure investment<\/p>\n\n\n\n

We want users to be\nable to feel in control of their tokens which is why we don’t expect\na subscription payment for just saving and loading charts for\nexample, we are happy with the commitment to ‘soft lock’ their tokens\nand our means of saying thank you is giving them a higher level of\naccess to our platform<\/p>\n\n\n\n

The reason for\nlaunching a token was to simplify access to our products whilst also\nensure we maintain an ability to stay competitive and agile with new\nfeatures and products – we thought long and hard about the question\nof ‘why does this need a token?’ and realised that to continue our\nvision of this being a largely community led product in terms of\nwhere we go from here and what we build, we needed a way to\nincentivise our users to participate<\/p>\n\n\n\n

so the ChartEx DAO\nwhich will come later next year will introduce governance, grants and\nsubsidies which token holders will vote on and actively participate\nin shaping our direction moving forwards<\/p>\n\n\n\n

this will be funded\nfrom those subscription fees we do charge – some tokens are burnt,\nsome will go into the DAO, and some will return to ChartEx treasury\nto fund ongoing operations, community initiatives etc.<\/p>\n\n\n\n

If you wanted to\nexplore the ‘why token?’ in more detail, I wrote about the decision\nmaking process here:\nhttps:\/\/medium.com\/@chartexpro\/introducing-the-chart-token-bda93b611953<\/a><\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> It’s logical. I heard rumors, for example, that Blockfolio is going to tokenize their platform. Of course, it’s different, then ChartEx, but it’s near in common sense)<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>great! thank you for answer! nice benefits for token holders<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>our token holders are the lifeblood of the platform so it’s important we thank them for it by way of these initiatives<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Do you know the number of your users now? Approximately?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> we saw 22,400 unique visitors yesterday, in the last 30 days, more than 340,000<\/p>\n\n\n\n

Mary | Satoshi Club: <\/strong>Good numbers i need to say :+1:<\/p>\n\n\n\n

Q5 from Telegram Username @Lorax14<\/a><\/em><\/p>\n\n\n\n

You said in an article that \u201cThe core charting experience will remain free, ChartEx will not be subjected to artificial restrictions and open to all.\u201d How will the project survive if there is no fee for using the platform? Do you have some plan to introduce premium accounts with paid subscriptions?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> We’ve largely covered this one in the last couple of questions<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>yes, true<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>but fundamentally I set out to build a free product, and everything you can currently do for free on ChartEx right now, you will continue to be able to do for free<\/p>\n\n\n\n

we’ll start seeing\nmore value in the ecosystem as we introduce these subscription and\nhold to use functions, particularly as we’re working very hard to\nmake sure these are affordable and realistic for the value they\ncreate<\/p>\n\n\n\n

so if you don’t need\nto save charts, that’s fine with me, you’re still every bit as\nwelcome to be part of our community<\/p>\n\n\n\n

but of course I do\nhope there will be lots of users who recognise the need for these\nadditional features and decide to stash away some CHART to use them!<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> after all – will it be a ‘soft-lock’ or a fixed payments for subscriptions? Or it will be mixed?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> there will be a blend of both, with TradingView for example, you could pay $100 a month, and that’s it, it’s gone, so we hope that if we were to ask people to lock away $100 of CHART to use the extra features of the platform, essentially still free, that people would welcome this<\/p>\n\n\n\n

Q6 from Telegram Username @rioliandaro<\/a><\/em><\/p>\n\n\n\n

ChartEx also offers bot services \u2013 could you expand on what kind of bots are available and how they can be used?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> So a bot freely available right now to be installed in any telegram channel is the ChartEx Chart Bot, this will, on demand, get you a chart for Uniswap markets and a number of centralised exchanges, the scope of this will increase to also allow you to ask for things like prices, trading volume, liquidity numbers etc – anyone can use this without holding tokens, this is very much about brand awareness.<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Where can i find this bot?)<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> We’ve got two other bots in the late stages of development – the first is a Whale Watcher and Wallet Watcher bot, so if you’re looking for signs of whales in markets that might be of interest, these will be for you – you can set a USD or ETH value trigger alongside the symbol you’re interested in, or work marketwide, and you’ll see notifications in near-real time of these trades being made, with etherscan links to the transactions<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>i wonder if we can try your bot in our chat 🤔<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> the more advanced bot is the TA Bot, this is quite complex and has been in development for a while, and this will only increase in relevance as Uniswap becomes more and more liquid and the charts act more closely to centralised counterparts<\/p>\n\n\n\n

you’ll be able to say things like ‘show me all pairs where EMA 25 Crossed above EMA50 on the 4h timeframe’ which for highly technical traders, they’ll get that value straight away<\/p>\n\n\n\n

The ChartEx Chart Bot can be accessed here: @ChartExChartBot<\/a>, you can DM it and asks for charts in private, or you can add it to a group. if you DM it, you can get some instructions. this is an ever-evolving bot so will get faster as we spend more time and effort on streamlining it<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> And one more question) do you have plans to fight with scams in any way?<\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>Yes! there’s a caveat to this, it needs user due diligence too.the earliest versions of ChartEx worked on the assumption that people were ethical and there would not be multiple tickers the same because of copycats<\/p>\n\n\n\n

and we worked hard on refining this, considering liquidity and volume in which version of a ticker was the right one<\/p>\n\n\n\n

but this also had\nits failings as the copycats became more sophisticated and actually\ninvested in their scams<\/p>\n\n\n\n

a bad person putting\n100 ETH liquidity up against their fake version of something people\nwanted makes it very difficult to work out if it’s real or fake<\/p>\n\n\n\n

so the two things I\nwould advise now to all traders on DEXs<\/p>\n\n\n\n

1) make sure you ask\nthe project for their token contract address<\/p>\n\n\n\n

this means you can\nbe absolutely certain you are trading the right asset<\/p>\n\n\n\n

2) look at volume\nand liquidity for confirmation\/assurance that its trading patterns\nlooks reasonable<\/p>\n\n\n\n

we recently made a\nfundamental change to how you search ChartEx for charts to help\nbetter<\/p>\n\n\n\n

empower users in\nthis situation<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> One of the best advices)))<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> the most important thing, i guess<\/p>\n\n\n\n

Blockminded\n\u2013 ChartEx:<\/strong>\n<\/strong>\n<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

on our search feature now, you can search by ticker, and if you choose the default ‘best effort’<\/p>\n\n\n\n

option, we’ll take you to the most liquid market with most volume – this works for established<\/p>\n\n\n\n

tokens, but on launch day, if a copycat gets to market first with volume, this is not always trusted<\/p>\n\n\n\n

but, if you know the\ntoken contract address, you can now see the last 6 characters on our\nsearch engine<\/p>\n\n\n\n

so you can be sure\nit matches<\/p>\n\n\n\n

and we show price,\nvolume and liquidity right there too<\/p>\n\n\n\n

with respect to rug\npull risk, this gets a little trickier – in the early days it was\nsimple again, make sure the liquidity tokens are locked<\/p>\n\n\n\n

but again, this got\nmore sophisticated, people locked their tokens but did not disable\nthe mint function for example<\/p>\n\n\n\n

so flooded markets\nwith extra supply<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> it will really save someone<\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> so we’re still evolving and looking at how best to improve this experience, but the 100% surefire way to avoid potential copycats is to be 100% sure of the token contract address, so only trusting official sources<\/p>\n\n\n\n

Mary | Satoshi Club:<\/strong> Yes, and DYOR before)<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong> very detailed answers! thank you very much! @blockminded<\/a><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>You’re very welcome<\/p>\n\n\n\n

Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n

Q1 from Telegram user @JoxesXIII<\/em><\/p>\n\n\n\n

Uniswap\nis the largest digital asset swap protocol. Recently other protocols\nhave come out such as Burguerswap, sushiswap, etc. Does ChartEx plan\nto include these protocols? Or do you plan to expand your services to\nother blockchains?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> Yes! I mentioned earlier there’s currently 2 platforms that are not Uniswap that are in the final stages of testing – we’re reviewing the emergence of new Uniswap-type exchanges to ensure we can support those that achieve significant adoption<\/p>\n\n\n\n

Q2 from Telegram user @gunki2<\/em><\/p>\n\n\n\n

What\nare the major challenges you face in implementing your long-term\nroadmap and how do you plan to do your next roadmap for this year\n2020? and years to come 2021,2022,…?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> In the early days, not being able to scale as fast as demand came in – until the token launched, everything was entirely self funded and ran for over a year being funded personally, now I have a team of developers supporting me, some excellent community management and marketers, so we’re very much overcoming those early obstacles<\/p>\n\n\n\n

Q3 from Telegram user @drzy16<\/em><\/p>\n\n\n\n

What’s\nthe competitive andvantages of ChartEx compared to TradingView?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>This is a great question – in some ways we’re very complementary, the user will experience things in a similar way using our product because we license their technology to provide that familiarity, but behind the scenes the infrastructure is entirely home grown – our differentiator\/competitive advantage is that we can support new and emerging markets quicker, and continue to add value through the extra insights we are building that surround this such as our bots, raw trade data, TA led querying of markets<\/p>\n\n\n\n

Q4 from Telegram user @radmaxco<\/em><\/p>\n\n\n\n

What\nis the value of ChartEx for DeFi? Will it allow dApps to take their\ndata?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> The ‘Powered by Chartex’ programme which will launch in the early part of next year if not sooner will allow third parties to interrogate and use our data, so with this I think there will be some emerging DeFi products that will be able to rely on our in-depth data to support their own growth<\/p>\n\n\n\n

Q5 from Telegram user @gunki2<\/em><\/p>\n\n\n\n

What\nare the strongest advantages of the ChartEX project that you think\nwill make your team lead the cryptocurrency market? On the contrary,\nwhat are the weaknesses of the ChartEX project? How is the team going\nto overcome it?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>Our strongest advantage I believe if our community focus – ChartEx as I mentioned was born within a group of traders who helped shape and evolve it into something people find useful. We will continue to listen, and not just build ‘easy’ features from the data that we have but actually take the time to understand what it is our users thing will give them an added edge.
Disadvantage\/Weakness right now still focuses on scaling, not necessarily the technology now as it’s performing very well, but growing out our team, getting the right people and not just people that are available, who will in turn have the same degree of understanding of what people truly want. I’m not looking to hire an ex-Google for PR purposes for example, I want someone who understands traders, understands market dynamics and can help to shape the future direction in the same way we will hope the community also do<\/p>\n\n\n\n

Q6 from Telegram user @zaferce<\/em><\/p>\n\n\n\n

How\nfar has ChartEx traveled so far in terms of expanding its functions,\nscaling the infrastructure and meeting market demand sooner, and what\nare the areas you are still working on?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>In the last four weeks we’ve entirely rewritten the trading data backend for performance, introduced 24 API endpoints for scalability and resilience and moved to directly capturing data from the Ethereum blockchain instead of through APIs. Our next immediate priorities as we touched on before are improving user experience through user accounts, saving preferences and charts etc. because that’s what we heard when we asked the community what is important to them – we’ll be focusing in parallel to bring extra exchanges and markets so there’s more data available, as well as developing greater insights into the raw data for our users<\/p>\n\n\n\n

Q7 from Telegram user @araceley<\/em><\/p>\n\n\n\n

How\ndo you plan to spread awareness in different countries where English\nisn’t the official language ? Have you created local communities in\nvarious languages to let them understand about your project better ?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> we currently have an English Language community but we recognise our reach as being international – one of the key functions of the ChartEx DAO is not not only give community members a voice, but empower them to actually see meaningful change through voting on issues important to them – this should hopefully see proposals relating to not only products, but also community development and expanding to support other markets than just English speakers<\/p>\n\n\n\n

Q8 from Telegram user @Lorax14<\/em><\/p>\n\n\n\n

Most\nof the requested tokens charting by ChartEX are traded on Uniswap.\nWhy did you put your focus on charting coins on Uniswap?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>We recognised the opportunity to provide something nobody else was really doing, or at least not doing at scale in supporting Uniswap markets. Uniswap and other DEX’s are becoming increasingly important as regulation changes and CEXs are under far more scrutiny – we are seeing this as a very good decision so far considering the adoption we’ve been able to achieve with very little marketing – that’s not to say we won’t support CEXs in future, but to be honest, there’s already lots of places to get those charts, so it would be an exercise to provide users with ‘everything under one roof’ rather than a key differentiator<\/p>\n\n\n\n

Q9 from Telegram user @Kale_king<\/em><\/p>\n\n\n\n

Protecting\nusers\/member data and privacy has become a problem that many\ncompanies\/projects must face in their development. So can you explain\na bit about your Protocol Security?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx: <\/strong>So firstly, ChartEx is not a protocol, it’s an ERC20 token running on Ethereum, as such there’s no transfer of anything personal at all on-chain, but to answer your question in a more wider context – personal privacy is hugely important to us, which is why we are opting for user login to not be via username\/password and email address as this opens us up to security risks in the unlikely and very unfortunate event any part of our system gets compromised. It also allows to to offer absolute privacy and security for our users because we only ever received information to our systems that’s entirely public – your Ethereum address for example is the tie to our user accounts, and only the public aspect – we hold no private keys, no presigned data that could be used to interact with your wallet, and only you can interact with us on your behalf by proving who you are via Metamask<\/p>\n\n\n\n

Q10 from Telegram user @liajuhria<\/em><\/p>\n\n\n\n

Assuming\nthe token rises in value significantly, are the subscription fees\ncalculated in a fixed $ USD amount, or in a token amount?<\/strong><\/p>\n\n\n\n

Blockminded \u2013 ChartEx:<\/strong> We don’t want to price anyone out of using ChartEx – our subscriptions would be payable in CHART tokens but the actual payment about would be regularly recalculated against the USD rate to make it affordable – for those payments we do received, 20% of it will go into the DAO under community control and 30% of the payment is burnt permantly which will slowly deflate our supply<\/p>\n\n\n\n

Part\n<\/strong>3<\/strong>\n\u2013 Q<\/strong>uiz\nResults<\/strong><\/h2>\n\n\n\n

In the final part we tested your knowledge in terms of ChartEX. They\u2019ve prepared 4 questions for this part. The total reward pool for quiz was 300$.<\/p>\n\n\n\n

For more information and future AMAs, join our Social Media channels:
<\/strong><\/p>\n\n\n\n

English Telegram group: https:\/\/t.me\/Satoshi_club<\/a>
Russian Telegram group: https:\/\/t.me\/satoshi_club_ru<\/a><\/p>\n\n\n\n

Spanish Telegram group: https:\/\/t.me\/satoshi_club_spanish<\/a>
Telegram Channel: https:\/\/t.me\/satoshi_club_channel<\/a>
Twitter: https:\/\/twitter.com\/realsatoshiclub<\/a>Website: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Our\npartners:<\/strong><\/p>\n\n\n\n

ChartEx Community: https:\/\/t.me\/ChartExCommunity<\/p>\n","protected":false},"excerpt":{"rendered":"

Pleasure in the job puts perfection in the work, Aristotle said. And you can feel this perfection in project which we have for the following AMA session. Today we would like to tell you about the AMA session with our friends from ChartEX. The AMA took place on October 03 and our guest was @blockminded. […]<\/p>\n","protected":false},"author":5,"featured_media":2086,"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\/2085"}],"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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=2085"}],"version-history":[{"count":2,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/2085\/revisions"}],"predecessor-version":[{"id":2095,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/2085\/revisions\/2095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/2086"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=2085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=2085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=2085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}