Recapitulation of Nexus Crypto Service PROJECT AMA event held at AMA LOVERS CLUB.
Date: Tuesday, 12th October, 2021
Time: 20:00 UTC
The Nexus Crypto Service PROJECT team was represented by @Jeanpatricks and @Uzeda123 who judiciously shared with us detailed knowledge and information about Nexus Crypto Service PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourself and your background, also introduce the team working on Nexus Crypto Service?
ANS: My name is JP, I'm CEO/Co-Founder of Nexus Crypto Services. I started the company with my Co-Founder Guilhereme who is an economist and software engineer himself. I've been a tech guy and programming from a young age, always interested in new technologies.
We both invested in Crypto but primarily bought on Centralized Exchanges until one day a friend told me about Safemoon and I was early there. That was my first experience in Defi! Since then we've been helping projects and had to learn so many things along the way but we love the space and want to help people get familiar with it.
There are so many scams and it's unfortunate because a lot of people will start to love crypto, but then get sick of all the noise, scammers and confusion.
Over the next 5 years we are going to see mass adoption in different ways, and Nexus Crypto Services wants to help adoption come easier for the average person. Not everyone has an engineering degree so how do you understand how an AMM and liquidity pairing works?
Also, all these trading tools are for advanced users, you have to know what you're looking at before you can really leverage them.
Our first initiative is to release structured educational courses and easy to use tracking dApps that will teach people how to stay safe and invest wisely. We are also building some cool things for artists in the NFT space, a branded minter that you can host on your own .com as opposed to minting directly on the marketplace, giving the creator more leverage.
We've met a lot of talented people along the way as well, currently we have a core team of 8 people that are all experts in creative/video/engineering/marketing with deep experience in creating digital products and experiences.
Q2: Can you introduce Nexus Crypto Service, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: We aim to solve 3 problems right now:
1. asset management and tracking across multiple wallets and blockchains
How? Nexus Folio is a cross-chain multi-wallet portfolio tracker that will soon list your NFTs as well. There are only a few competitors doing what we'll be doing, but ours will focus on user experience, community and eduction all baked into one platform and ecosystem.
2. NFT governance
Why? NFTs are liable to go missing if they are self hosted. The infrastructure around the movement is just being built and we have some great ideas that will help artists ensure their work is never lost, and consumers/traders to have some sort of mitigation against disappearing NFTs.
3. Complexity in Crypto
How? You can self study with YouTube videos and read articles if you're hungry enough to piece together an education plan but it's a haphazard approach to education. We will have university like courses with a certificate and testing that we could leverage in different ways in the future. We are your partner in Defi because there's a roadmap to go from "beginner" to "advanced" that everyone on our team has travelled and we'll use our digital content creation skills to communicate this in an easy to digest way and lesson plan.
We're also making a huge content push with supporting articles and videos over the next year.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: So we're proud of our 2 DApps that we've already developed -before- the token launch. Usually people speculate on the value of a vision that has some nice graphics on the home page, but we started development and are taking a rapid iteration approach involving the community and their feedback.
Our roadmap is public, because this is a community token 1st you can add your own ideas and vote on topics: https://feedback.nexuscrypto.com/roadmap
Q4: Can you briefly describe your PARTNERSHIPS so far?
ANS: Certik - security, we have a technology partner for a mobile iOS and Android education platform that we won't disclose, and finally we've partnered with a lot of marketing players in the BSC telegram space which is why you see us doing all these AMAs
We're going to be partnering with a lot of token devs and NFT projects moving forward as well.
https://peckerpunks.app is our first NFT partner for the white label NFT minter.
So we should expect more partnership announcements in the nearest time?
yes, it's a core part of our business model.
Q5: Finally on the introduction segment, Can you give an overview of the Tokenomics, and Utility of $NEXUS tokens?
ANS: We have a very low supply of 10,000,000 tokens. It's a true utility token with a starting price of $0.05, Certik audit at launch and we are fast tracking CMC/CG. The starting marketing cap will be $500,000 which is very modest. There is a 5% tax.
Long term, the ecosystem we're building will all rely on the token and have multiple reward layers based on amount of stake, amount of holding, and community engagement (yes, you can earn by being big in the community, not only whales will benefit as we're community first always).
- Depending on your "level" profit from ads, sniper bot, limit orders, nft minter, education course purchases, premium subscriptions... all ecosystem tools will add to a revenue pool that will be split amongst holders
- Staking will give you a multiplier on the revenue rewards and early access to new features, as well as larger discounts
- Holders will get discounts and rewards based on % of holdings
- We have special things planned for buy backs once we hit revenue goals
All these details will be ironed out and voted on by the community and our advisors.
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