CoinxPad AMA Transcript

"CoinxPad is where you get access to the best new tokens before they list on other centralized or decentralized exchanges."

By
BSCNews
on
September 25, 2021
Category:
AMA

Andrew (BSC.News)

Hello everyone and welcome to the AMA with CoinxPad!

Today we have Raph from CoinxPad joining us to talk about their new Multi-chain IDO Launchpad

@raph_coinxpad Great to have you here sir

Raph

Hello ! Glad to be here :)

Andrew (BSC.News)

Yeah! Glad you are here

So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway

Sound good?

Raph

Perfect !! sounds good

Andrew (BSC.News)

Okay so to get things started...


1. Please introduce yourself and tell us a bit about the team behind CoinxPad?


Raph

Sure ! I'm Raph, the CEO of CoinxPad, I’m involved in the blockchain space since 5 years, I previous worked as a project manager in a corporate company ( non crypto related) for few years and then in 2017 I started to get involved in the crypto world as investors/trader. 

I love to create and build ideas, soon I realized that in order to achieve that I needed to build a team of talented individual focused with same goals and motivations.

Our team at moment is composed of 5 members, each one very good at something (back end , front end, blockchain development as well as marketing strategy and community management). We’re all from different countrys but after covid19 we learned that distance is not a problem to build and deliver great things :).

Andrew (BSC.News)

Oh wow just 5, you guys must be very very busy

But definitely seems like you guys have the right experience and knowledge

So my next question is


2. What is CoinxPad?


Raph

The crypto world is growing at a fast rate, with new projects launching every other day. Yet, most of the latest projects lack the proper space for growth and success. Generally, since the projects are new, they have no community backing. Thus, they first need to garner community support using technologies called launchpads.

Launchpads are systems created to provide new projects with space to gain community support through token sales. Today, there are dozens of crypto launchpads, each providing services in different chains. CoinxPad aim to provide launchpad services in all the most recognized blockchains.

Andrew (BSC.News)

Yeah for sure, it is a rapidly growing space and launchpads are a necessity for ensuring that the space can grow as a whole


3. What inherent problems are you trying to solve with CoinxPad? And what is your overall goal/mission of this project?


Raph

There are many projects already providing the IDO launchpad services today. Thus, CoinxPad aims to be different by offering different features.

Among the top features is the platform that will allow both the centralized solution (IDO vetted by our team before listing on the platform) and decentralized launchpad where all the new startups will be able to raise and lock liquidity in a complete decentralized way.

This will ensure a safe experience for the new investors as well as a new competitive platform on the market for all the projects that aim to launch their product in the evolving blockchain space.

Andrew (BSC.News)

Okay very neat! So before we touch more on the features that CoinxPad so unique, let's talk about your token


4. What is $CXPAD and how is it used on your platform?


Raph

The Coinxpad network will have a native token, CXPAD, whose primary purpose is powering the network.

This BEP-20 token leverages the Binance smart chain as its primary hub. The CXPAD token will be the currency required to participate and get allocation in all the IDOs we’ll launch, an additional utility will be our autoreward USDT system that will send automatically to our holders wallet USDT based on holding/daily volumes.

Andrew (BSC.News)

Okay I see, and are the allocation tiers something you could touch on now?

Or is this information unreleased to the public for now

Raph

Correct :) there will be allocation tiers (3 actually) that will be published and explained within the first week after listing on Pancakeswap.

Andrew (BSC.News)

I see, for sure need to be on the lookout for that!


5. Can you tell us about the features of CoinxPad that make it unique?


Raph

I think the last answer already explained very well what make CXPAD unique :) we believe these 2 main features (IDO allocation + usdt reward) will allow the token to mantain buying pressure everyday and reward our loyal investors.

I mean the answer to question number 4.

Andrew (BSC.News)

Yes yes, thank you for further clarifying Raph :)


6. What is your vetting process? How can you ensure that your community is only shown solid start ups that you and your team personally believe in?


Raph

The EDM vetting process will ensure our investors the higher chance to join successful projects because it’s a complete process of project evaluation.

To be successful we think a project need to have high standards of expertise of the whole team as first pillar point, then all the developments must follow a timeline that is predetermined otherwise the delivering time will be too long and will make investors lose confidence, lastly a well designed marketing plan is crucial from the launch to the early stages of every projects.

We will ensure that all projects that launch with us respect these 3 pillar points that will result in the highest chance to succeed in this competitive crypto market.

Andrew (BSC.News)

Oh wow so you guys would be heavily involved with a project to the best of your abilities

By even helping with marketing and being in close contact with them

Raph

We will not help them with marketing but ensure that their plan regarding developments and marketing is real and that they’re committed to respect it.

Andrew (BSC.News)

Regardless, that sounds great!


7. What chains do you support? Can $CXPAD users benefit from all blockchains by holding the one token?


Raph

We will launch and support IDO projects from all the well known blockchains, Binance Smart Chain, Ethereum, Solana, OKex, Polygon, Polkadot.

CXPAD holders will have the opportunity to get allocation in all the projects that will pass our EDM vetting process as well as as well as receiving USDT reward based on daily volumes. We believe this will be a great benefit :).

Andrew (BSC.News)

So for example, if I was to hold CXPAD on BSC would it be possible to earn an allocation for a Solana project as well?

Raph

Sure we're based on binance smart chain but the project that will raise liquidity with us can be from Solana as well as Polygon or Ethereum. At the end of the IDO allocation period users will be able to claim tokens purchased regardless of the chain involved.

Andrew (BSC.News)

Interesting... Thank you Raph!


8. In terms of security, how can you assure users that your platform is safe to use?


Raph

We did already and passed the first complete Audit with the German company Solidproof. Each time we’ll upgrade our platform or build a new functionality for the Cex/Dex Launchpad we’ll have at least 1  new audit to double check everything and prevent any bugs involved in our project. We firmly believe that in order to be successful it’s mandatory that our platform and contract will need to be updated and tested, our investors can be sure that  we pay lot of attention to every details involved in our platform functionality.

Andrew (BSC.News)

Great, so last but not least


9. Do you have any news you would like to announce today?


Raph

Definitely :) ! Tomorrow we’ll open our public presale on Unicrypt after a month of marketing preparation :) This is the presale link where you can find all details and instructions about how to participate from Round 1: https://bit.ly/39jYeUk .

Andrew (BSC.News)

Great!

Raph

For the members of your community interested we have a telegram group and twitter channel to follow us for all the updates and last news !

Andrew (BSC.News)

Do you think you could provide us links to the social media that you would like our community to follow?

Raph

Sure ! :)

Ann channel :

Telegram:

Website:

Twitter:

Whitepaper:

Andrew (BSC.News)

Thanks Raph!

Make sure to check them out everyone! CoinxPad is a up and coming multi-chain IDO launchpad that is looking to revolutionize the launchpad space!


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