Exbi AMA #1 (02-06-2023)

Exbi AMA #1 (02-06-2023)

How often are you going to launch the projects and how will the project selection process take place? Will community participation in the project be consistent?

We’ll make decisions based on the current market situation and trends. However, we don't want to confine ourselves to strict limits. At the same time, we don't want to lose the quality of projects and don't want to launch them every day. Community participation in project selection won’t be consistent, but we’ll always listen to active members of our community.

What are the main principles that guide the team in selecting potential projects?

Project selection will be based on: project review, code review, cap-table review, executive team members full compliance, token economics audit, company set up audit.

When can we expect the first launch?

In the first half of June, we'll be announcing the first project of our launchpad.

What are the main goals of EXBI?

We need to implement the following products: NFT launchpad, Web3 integration (with metamask/wallet connect), mobile app, possibility to redeem allocations for fiat, advanced staking and farming programs for launchpad projects.

-In 2023, our aim is to collaborate with renowned exchanges and launchpads to make joint launches. Also in our plans:

Full-fledged incubations with leading funds and angel investors
Training programs for newcomers
International expansion (MENA, Asia, Latin America)
Launch of native EXBI token

What kind of audience do you want to reach? Will you expand to countries other than the CIS?

Now we’re focusing on the CIS audience. To better address this, let me clarify our mission: we aim to assist Russian-speaking entrepreneurs in discovering investment opportunities and fostering the growth of their startups. Additionally, we seek to engage CIS users in the crypto world by engaging them in investments in promising projects. However, we have plans to expand into the international market by forging partnerships with prominent companies, exchanges, and funds.

How will EXBI develop in the future, how will it compete with projects that are developing in the same vein?

We’re just at the beginning of our journey and we’re still in different segments. CoinList focuses on larger-scale projects, whereas we're planning to launch projects of a smaller scale, providing an accessible entry point for investors. Our primary focus for development is to launch high-quality projects on the launchpad, which will attract significant investors. This mechanism plays a crucial role in our growth and development.

What network will you be launching the native EXBI token on?

We can't announce the details of the native token launch yet, but we want to make our token available to all investors and convenient for trading and other activities.

Are you planning to launch an Ambassador program?

Yes, we are. Wait for announcements

Will there be a tier system? For what actions will be accrued karma?

The system of tiers and privileges on the launchpad will be announced together with the details of the first sale in the first half of June. You will see clearly how it will work.

In what country is your exchange-launchpad registered?

No exchange discloses its registration information for the sake of your security.

How do you distribute the reserves in your exchange and what are they secured by?

Your money is in your wallets

How does the project view industry regulations that have an impact on everyone in the market, potentially leading to the cessation of existence for many projects due to initiatives by regulatory bodies such as the SEC?

We don’t deal with Japan, Canada, we operate out of the U.S. jurisdiction.

Do you want to issue your bank cards and become the world's first exchange bank that converts cryptocurrencies to the world's most popular currencies in real time?

No, that's against the rules of crypto. In crypto, everyone is their bank. The best way out is p2p. Something we will implement soon.

Will crypto bloggers be involved in promoting EXBI?

Yes, you can also drop those you follow in the chat

Will the redemption system be the same as on Coinlist?

Yes, but there will also be other models

What tools will be used to expand Twitter?

It all depends on how well we do our job

Will the exchange invest in projects with budgets under $1000

Are you planning to make a Launchpad as a Telegram bot?

What Utility will the EXBI token have?

It will be possible to pay commissions, sale priorities, more details TBA

Will the project have Discord?

Probably, but not now

Why are there currently high ping rates with exchange rate quotes?

Big updates are being made at the moment, everything will be fixed

Will there be more trading pairs?

Yes, but the main focus will be on the launchpad