Here’s our 66th AMA recap!
Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with Delux Protocol on April 19, 2021. This guest star,
- Alex Damian — CEO
Introduction
My name is Alex Damian, CEO, DELUXPROTOCOL
Iam a Blockchain Dev since 2014
Iam here with my teams too
Q1. Could you provide a simple description Delux Protocol for our community? What the motivation for starting build Delux Protocol?
Alex Damian,
Delux is a self-regulating system that provides secure transactions between the buyer and seller with extremely low fees. Delux utilizes smart contract technology to implement and regulate Escrow transactions. This removes the need for a middleman, thus reducing transaction costs and the possibility of fraud.Main motivation is to provide classic escrow services with low transaction fees.
Q2. What are the Business Objectives, Market and Target audience of Delux Protocol? How does Delux Protocol work?
Alex Damian,
Our business objectives is to develop a secure and trustworthy platform where buyers and sellers can transact, knowing their money is safe.A lot of individuals carry out transactions with the help of the blockchain, these are our target market as well as audience. Thank you
Q3. How do you assure us of the benefits, safety and transparency of Delux Protocol? How can you be the best solution than any other projects?
Alex Damian,
We humans are always navigating to areas where work is done more efficiently, securely and with lower fees.These are what Delux Protocol Stands for.
One of our major and core selling point is to provide escrow services with very little fees.
Q4. How can you balance between developing a platform and adding value to your product? Can you explain about the tokenomics and use-cases of $DLP token?
Alex Damian,
Delux Protocol Project was developed with the community at heart. And we are a team, not a single individual. This makes the workflow easier and very efficient.Every one has a major role to play.
We divided ourselves such that we have marketing team, development team, strategy team and so on.As such, balancing development of our platform and adding value to our product does not in any way affect us, in fact it brings out the best in us.
To answer the second part of the question, the major use case of Delux Protocol is to provide Classic Escrow Services.
Permit me to share two of our graphics to help you understand our tokenomics
Q5. Can you please tell us the current Delux Protocol roadmap? How far has Delux Protocol been developed at this time? and what will you realize in the future?
Alex Damian,
One thing that has also helped us to be on track is to work with our timeline. This cannot be compromised for anything.We are at the early stage of our development as can be see from the Image of the roadmap sent below.
TWITTER QUESTIONS
Q1. NFT is very hot trend now, do you pretend to catch up with this trend or still follow and focus your original roadmap? create values, not create TREND !
From : @Niloy37474210
Alex Damian,
We have a goal. We have an objective. We have a vision.We cannot be swayed by any trend or vibe or hype. What we have is real and has a day-to-day use case.
We cannot deny the fact that we need escrow services provided to us at very low fees.
That is what we offer. That is who we are..
Q2. How is the Delux Protocol strategy in terms of marketing? How is the Delux Protocol plan for a major partnership? which one do you plan to use to get your product to normal people — especially non-crypto people? What exchanges is Delux Protocol aiming at at the moment?
From : @QuixoteLux
Alex Damian,
Our marketing strategies is to use influencers, especially those who are known in the crypto space.
We also make use of telegram, and holding sessions with communities just like yours ( Infinity Chain)
This has helped a lot to create awareness, grow our community and attract positive investors.
As you can see from our roadmap, there is plan to go into major partnerships with stakeholders.
Our first listing will be on Pancake Swap, we plan raising enough funds through our upcoming Presale event, so we can apply for bigger exchanges like Binance.
Thank you.
Q3. Is the Delux Protocol meant to be possibly adopted by other crypto projects and outside of blockchain space as well? What kind of advantages does it bring to, for example, financial institutions adopting the protocol?
From : @Lidiamga
Alex Damian,
The question that we need to answer to help us better understand what Delux Protocol is all about is: Do merchants carry out transactions everyday?
And the answer is YES. Transactions is being carried out everyday, every minute, every seconds even as we speak.So be it financial institutions, other crypto projects, they all need the services that Delux Protocol has to offer which is Providing Classic Escrow Services.
Q4. $5,000,000 / 6.25% DLP of the total supply is destined for Airdrops, this amount seems too large. Are you worried if the price drops when all the airdrops are distributed and they sell it for a cheap price? Does Protocol Deluxe have a lock / burn plan to anticipate this?
From : @Vin8517
Alex Damian,
At this point I will like to share our tokenomics to explain better, one of the reasons our airdrop distribution isn’t immediate is to curb dumping and also
60 % of raised funds will be used to lock liquidity if Hardcap is reached. In event of unsold token will be burnt.Permit me to share our tokenomics with you
Q5. Do you have contests for your community such as MEME contests, trading contests or the Ambassador program? to what extent is DeluxProtocol friendly to the community and its holders? What does community mean to you?
From : @MochaLatte441
Alex Damian,
Wow…Our slogan recently is “Community First”
We don’t begin any action without considering the community. In fact, of what use is the services we are offering if we don’t have a strong community behind it. It is to this end that we actually kicked-off the MEME contest recently.
This was aimed at involving the community more, helping them to be more engaged, exploring their creativity and above all, rewarding their excellence.
It’s such an amazing feedback I must tell you. Over 100 entries received so far. The love and support has been massive.
To put it simply, YES, we are involving our community and living up to what we promised: Community First.Don’t hesitate to join us today as we end the MEME contest and reward follows immediately, also our private sale starting on the 20th of April
thank you
TELEGRAM QUESTIONS
Q1. Every project’s coin/token have their main Utilities & real-life use! So, what the main role of your coin is in the ecosystem? Explain its Utilities and Real-Life use cases? Also Why should we invest in this coin/token for the long term?
Alex Damian,
Our project is a self regulating system that provides secure transactions between the buyer and seller with extremely low fees. Delux Protocol utilizes smart contract technology to implement and regulate
Escrow transactions. This removes the need for a middleman, thus reducing transaction costs and the
possibility of fraud.Thank you.
Q2. Actually, now I see a lot of scam projects in the community that make people afraid to invest. Can you tell me Your platform is working fine? What evidence shows us that?
Alex Damian,
There is never a perfect system. What we have decided to do as a team is to make sure we keep to our words and deliver on timelines.
Bad eggs does not mean that there are no good ones. So we leave you to make a critical decision at this moment.
Our major selling point still stands on the fact that we have a 100% use case: Providing Classic Escrow Services
Delux protocol is a fast growing community with strong team of marketers. We’re fast taking over the crypto space. We will move further by listing on pancakeswap, bakeryswap and binance in future.
This is another guarantee that there won’t be rug-pull.
Q3. Which one of these aspects important for you?
In what order?
Alex Damian,
1-Empowering Platform Development
2. Building Community Trust
3. Expanding Partnership Globally
4. Increasing Token Price&Value
Q4. how many kind of documentation will they need to provide? Will it really be possible to crowdfund from any country when the platform goes live? Or will there still be some restrictions When a creator wants to start a project?
Alex Damian,
In this age, distance is no longer a barrier in carrying out transactions. Thus crowdfunding from any country or location is very much feasible.
Q5. NFT is very hot trend now, do you pretend to catch up with this trend or still follow and focus your original roadmap? create values, not create TREND !
Alex Damian,
We have a goal. We have an objective. We have a vision.
We cannot be swayed by any trend or vibe or hype. What we have is real and has a day-to-day use case.
We cannot deny the fact that we need escrow services provided to us at very low fees.
That is what we offer. That is who we are..
Alex Damian,
thank you so much for your time, we look forward to see you all participate in our Presale starting on the 20th of AprilHave a wonderful day!!
******************************************************************
- Telegram : https://t.me/deluxprotocol
- Telegram Channel : https://t.me/deluxprotocolNews
- Twitter : https://twitter.com/DeluxProtocol
- Website : https://deluxprotocol.io
- Medium : https://deluxprotocol.medium.com/
- Whitepaper : https://deluxprotocol.io/DLP-WhitePaper.pdf
Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about Delux Protocol.
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