RECAP# AMA913

CryptoFury x Quadency

⏰ Time: January 27th , 2:00 PM UTC
💰 Reward Pool : 100$
💎 Place : https://t.me/CryptoFury_Chat

⭐️ Guest : Rosh Singh — CEO & Co-Founder of Quadency.

Part 1: 2–3 project overview questions.

1- Can you briefly introduce yourself as well as Quadency?

Rosh Singh :

Hi All! Rosh here, CEO at Quadency. It’s a very exciting time in the evolution of our platform, and I’m happy to answer your questions today.

Quadency is a multi-exchange crypto trading platform. It started as an idea in 2017 when I noticed the fragmentation of crypto assets across many different exchanges and how that contributed to bad user experience, lack of sophisticated tools for proper management of crypto holdings, and little to no options for easy automated trading.

I made it my mission to fix these issues and begin working on Quadency together with my co-founders in 2018, and we launched the platform in early 2019. We’ve grown to over 50,000 users across the globe with integration partners such as Binance, Kucoin, Coinbase and 10 others. We have exciting plans for the future which I’m happy to share about today.

Please type “DONE” when your answer finish ^^

2- What strengths does Quadency have to compete with competitors?

Rosh Singh :

Quadency offers an easy-to-use and intuitive experience for managing all your crypto trading — no matter where you trade. We’ve built the platform with focus on traders and their performance. Users instantly have access to insightful analytics including cost basis and return analysis of their investments, easy-to-use trading bots for managing their portfolio and a suite of advanced tools for professional-grade management of assets. In the next phase, the platform is evolving to allow access to assets from DEXs, NFT and Strategies Marketplace.

3- What are your significant achievements till now and what are your other plans for this year?

Rosh Singh :

As mentioned above, we have been live since 2019, however we’re entering a new phase of the platform’s evolution — we’re launching a token! But why? You may ask. QUAD token will serve as the foundation of our new revenue model. Instead of charging subscription fees, the platform will be available at a deep discount to QUAD token holders. There are many other benefits of QUAD, you can read more about it here: https://whitepaper.quadency.com/, and here https://quadency.com/quad-token

In addition, we are launching Quadency Exchange, which will offer very low fees and access to broad range of assets from trading. We enable this through unique technology that aggregates liquidity from various sources including centralized and decentralized exchanges for easy, cheap, and fast access. The exchange will be compatible with our existing robust automated trading bots, which have been popular among our users.

Part 2: Pre-selected questions from our community

1- Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?

Rosh Singh :

Yes, the tokenomics of QUAD were designed to incentivize holders in many ways.

  1. Lowest possible trading fees through a combination of best-price execution and fee-tiers based on your QUAD holdings
    2. QUAD will have a decreasing supply over time via quarterly token burns equal to 25% of the revenue generated on the platform, until the total supply is reduced by half. Tokens burned will come from a combination of sources including trading fees paid in QUAD, company reserves, and direct buybacks on the open market.
    3. Lockups and Vesting — all QUAD purchased via private, pre-sale, and public sale rounds are subject to vesting periods ranging 3–9 months. Team tokens are vested over 3 years — this is to ensure our longterm commitment to the company and project.
    4. QUAD holders will be able to earn higher yield in our staking programs, and have the ability to vote on new features and products.
    5. There also will be community rewards available for brand ambassadors and contributors

2- Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?

Rosh Singh :

Absolutely, the platform is currently being translated into many languages. Our current focus is global — all territories excluding United States and US-sanctioned countries. We will be starting local communities so if anyone is interested in participating in moderation, please reach out to our admins.

3- Currently, projects are continuously attacked by hackers. That is the nightmare of many projects. So, what is your strategy to anticipate hacking possibilities on your platform? What plan do you have in order not to let “ Quadency “ get hacked and cost investors?

Rosh Singh :

My background is in technology, and I’ve personally been in the trenches thwarting attacks from hackers. From the very beginning security has been our number one priority and therefore Quadency is built on top of a robust and secure foundation. You can learn more about the security of our platform here: https://support.quadency.com/en/articles/2714901-is-quadency-secure

In addition to the security of the platform, which is battle-tested and routinely undergoes penetration testing, we’re proud to have passed the security audit of the QUAD smart contract. The contract was audited by Zokyo, a prominent name in the blockchain security space. More details here: https://whitepaper.quadency.com/additional-resources/security

4- One of the ways to promote the project and attract users is to create local “ Quadency “ communities around the world. Does “ Quadency “ have any plans for this In 2021, will “ Quadency “ promote One Marketing? Because MARKETING is the source of almost every project.

Rosh Singh :

Our focus has always been building — we’ve been building since 2018 and continued building through the bear and bull market. We are ramping up our marketing in addition the planned launch of our exchange in February 2022, which will bring the benefits mentioned above. We have existing partnerships with large exchanges including Binance, Kucoin, HitBTC, AAX, Liquid and many others. We plan to leverage these relationships to create liquid and healthy markets on other centralized exchanges, in addition to of course decentralized exchanges such as Uniswap. Community support will be instrumental in our mission and thus our ambassador program will be attractive to all communities.

5- Do your project support staking program? If yes. how is your stake system work, can you tell me what is the requirement for user if they want to stake in your platform?

Rosh Singh :

Yes, we recently launched our Staking Program, currently offering 64% APY on any QUAD holdings. Staking is very simple, you simply hold QUAD in your Quadency account and earn automatically. More details are available here https://quadency.com/quad-staking/

PART 3: Guests will choose 5 live questions from members and answer directly in CryptoPros Community.

1- What is the PROJECT’s revenue model? In which ways do you generate revenue/profit?

Rosh Singh :

Our business model — which was previously subscription-based (for use of advanced trading tools and bots) — is evolving into pay-per-use model. The platform is currently absolutely free, however with the launch of Quadency exchange in February, we will introduce small added fee for trading across integrated exchanges. Trading on Quadency exchange will be incentivized through lower fees and free use of automated trading bots along with many other perks. Our customers are investors and traders of cryptocurrency. They range from long-term holders to high-frequency traders. Our team is diverse and spans the globe, as do our users.

2- Projects that are not traded on major exchanges remain unnoticed. What do you think about listing the token on the leading exchanges?

Rosh Singh :

We have existing partnerships with large exchanges including Binance, Kucoin, HitBTC, AAX, Liquid and many others. We plan to leverage these relationships to create liquid and healthy markets on other centralized exchanges, in addition to of course decentralized exchanges such as Uniswap.

3- I saw that you are planning a service called Quadency Launchpad. What will be done via this service? Will it be similar to Binance Launchpad? When is it planned for?

Rosh Singh :

Yes, this will be a way for other projects to list on our upcoming exchange. Users will have the opportunity to propose and vote on new project listings.

4- It seems that Quadency is currently preparing a pre-sale, but I am curious about the schedule after the pre-sale is over.

Rosh Singh :

The sale is currently live, and will end tomorrow. You can still participate by going to https://quadency.com/quad-token

5- What is token used for? How can I get it? What are the benefits of holding token?

Rosh Singh :

⁃ Discounted trading fees on upcoming Quadency Exchange
⁃ Low cost access to bots on all exchanges
⁃ Rewards for market makers and liquidity providers
⁃ Staking rewards for QUAD holders
⁃ Industry best referral and affiliate rewards
⁃ Exclusive access to upcoming Token Launchpad
⁃ Ability to suggest and vote on feature requests

Thank you so much everyone for joining us for todays session with Quadency and special thanks to @rosh2point0 for such an informative session.

All details about CronianSwap could be found below

🛢 Website: https://quadency.com/
🛢 Twitter: https://twitter.com/quadency
🛢 Telegram Chat: https://t.me/joinchat/Fbj0HRHlGePeT8QeV-4uBg

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