Recapitulation of InvestDex PROJECT AMA event held at AMA LOVERS CLUB.
Date: Wednesday, 16th June, 2021
Time: 15:00 UTC
The InvestDex PROJECT team was represented by @Mozzinho and @Investdexmanagement who judiciously shared with us detailed knowledge and information about InvestDex PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourselves and your background, also introduce the team working on InvestDex?
ANS: Sure I am Founder/CEO and lead dev ..I wear multiple hats as I like being in the board room but also prefer being in the thick of the action. To build something like InvestDex you need to be bold and creative. I have a BA(hons) Business studies and have run mulitple businesses outside the cryptospace. I fell in love with crypto in the midst of the 2017 bullrun, since then I have been trading and developing trading algos
Today I have bought with me my Business strategist ML.
Q2: Can you introduce InvestDex, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: InvestDex is an innovative disruption in the DeFi space that merges decentralized crypto trading with a versatile token organization system that is tailored to the needs of every crypto trader.
Every token comes with its own chart that lets the user monitor the crypto market in real-time to establish suitable milestones. Traders can construct their trading plans based on these market insights and schedule the execution of their plans accordingly.
This helps in timely identification of legitimate opportunities and eliminates the risk of reckless decisions that often lead crypto traders towards huge losses.
We are a productivity platfrom here to give our users the edge!!
We are the first to bring our flagship feature our crypto Workstation to the market. This tool will be releasing within the next few weeks, could I share a video?
This shows our Workstation capabilities, this is currently on beta and we will be moving to production server shortly. I hope you can imagine yourself using these tools.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: Ok great question, our biggest achivement so far was yesterday when we launched our Token and listed the $INVEST token on Pancakeswap. It was great to launch smoothly and see good price charts. Last night before going to sleep our price was $0.12, this after noon we started to spike after we listed on both Coingecko and CMC!!! Now our current price is $0.17
Our roadmap is jam packed. Next week we aim to release Quickswap charts, we already have Uniswap and PancakeSwap charts integrated so we are very bullish. Our long term vision is to be agile and keep an eye on the market trends to ensure we stay ahead of the market.
What was the listing price of $INVEST?
Interesting. Now we have it @ $0.17
That's a good record, a dump would have been expected after listing!
Yes agreed, been really good. We are very happy how our launch went now we are focusing on getting our platform adopted.
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: We have some really good partnerships in place. Last night we announced our partnership with BSCPAD these was received well on our socials. We also hve more partnerships signed that we will be annoucing this week. We believe that leveraging collaboration and partnerships would be the way forward for us to grow. We can do cross exposure campaigns with credible projects and raise awareness
Projects that we partner up with can advertise on our banners and our sponsored spotlight for discounted fees. In exchange they promote and educate their communities about our tools and services. This will help both teams reach genuinely interested audiences.
Q5: Can you give an overview of your Tokenomics, and the UTILITY of the $INVEST Token?
ANS: Sure. So we raised 950k total. Most of our initial seed funding was from the community. We onboarded only a small number of VC’s and we capped their allocations and vested them heavily. We then conducted our IDO on three different platfroms, Toslabs, Duckstarter and BSCPad. Our numbers were as follows:
Listing Price: $0.072
Max Supply: 50,000,000 $INVEST Tokens
Initial Circulating Supply = 8,586,000 $INVEST Tokens (17.17 % of max supply)
Initial Circulating Market Cap = $618,000
Our current market cap is around 1.5m so we still have plenty of room for growth!
In term of the utility, our INVEST tokens are the only form of payment we accept to unlock for our premium subscription features and this is primarily how we add utility to the tokens. Additional features and benefits will also be unveiled soon.
If a user is holding 10,000 INVEST tokens then they are eligible to receive a 50% discount on the monthly subscription. If they are not holding 10,000 INVEST tokens then the user will simply have to deposit the full subscription amount of 300 INVEST. The process is simple, the user simply connects their wallet to our platform and our system detects the amount of tokens held.
Also 50% of all tokens we receive for the first 6 months will be burned and then 15% will be burned there after creating a deflationary mechanism.
2nd Segment: LIVE Questions
Q1: In my opinion, success of any project also depends on how huge the community is. Do you have strategies to spread awareness to both crypto users & non crypto user in the world?
Especially NON-ENGLISH SPEAKING COUNTRIES like me 😅 that may be restricted from accessing your project? Thanks
ANS: Yes, we have plans to open TG channels in multiple languages. Currently we already have the website translated into chinese and we will continue to add other languages to the mix to ensure greater adoption and awareness of our platforn among non english speaking investors.
Q2: I have read that InvestDex offers users some membership packages, this sounds good, but could you give details on this, what are the plans available in these memberships, how do they differ from each other and finally how can I get access to one of these memberships?
ANS: Sure, so the INVEST token is the only method of payment we accept for our subcsription services...The more tokens you hold the more features are unlocked. We will have 3 packages: Free, Pro and Platinum. The good news for our users is many of our charting tools will be available in our free tiers, even the amzing Whale Watcher tools. However the Workstation will be Pro tier.
Q3: In my research i found you guies are Inspired by Monday. Com, Asana, Trello, productivity software companies. They are very well known big companies in this market. So what InvestDex has that give you confident to compete with this big companies? What problems InvestDex can solve that this big companies can't?
ANS: These big companies are not focused on CRYPTO organisational tools, we are. We are not competing with them, we are inspired by them and bring those type of tools to crypto.
Q4: In my opinion, other related charting tool platforms cannot compare with InvestDex because I see InvestDex as more than just a charting platform. But all in all, what do you think really differentiates InvestDex from all other charting platforms?
ANS: Our organisational tools, workstation, risk management features and amazing UI!
Q5: I read about InvestDex. I think it’s a fantastic project for investors. I see InvestDex offers 3 kind of membership. They are
Can you tell me for bigginer like me, which one you recommend and tell me how can i get those membership?
ANS: I recommned PRO, you get the most features that are still affordable...the tools will also help you manage your investments better and gain an edge on the market. Used wisely you should see an increase on your winnings.
Follow Us On Our Various Social Media Communities For More Update;
Please come join our community here: https://t.me/Investdex
Follow our twitter for latest updates here: https://twitter.com/investdexio?s=21
Visit our platform here: https://investdex.io/
FOLLOW AMA LOVERS CLUB ON:
Telegram Group: https://t.me/amaloversclub
Telegram Channel: https://t.me/amaloversclub_channel