Topic: [ANN] DeFiXy Protocol (DFX) :- Connecting Fiat Economies to the Crypto Space - page 4. (Read 1424 times)

DeFiXy protocols offer easy to use solutions for inexperienced users both in trading crypto products and in DeFi without the complexity involved

Profiles of team members will be made public. This information will also be made available on the website after updates. No key player partner has been confirmed yet. We have reached out to a few that we deem to have expertise/technology in areas of our needs. These entities from both the crypto sector and from non-crypto sectors.
Again, DeFiXy Protocol is still in the early stage, for sure, with rapid developments and growth, lots of partnerships would be made.


We are collaborating with companies that can meet our current technological and developmental needs. No major partnership with a key player has been confirmed but we have reached out and we are still reaching out.
 As we are still in an early stage, lots of key players and companies would like to see our developments before jumping in. But one thing for sure, we are developing our platform rapidly, as such, key partnerships would be established soon enough.


You always hear this; cryptocurrencies are highly volatile. We have seen this trend countless time…. The Bitcoin cycle and its effect on alt coin price. One of the main reasons for this huge volatility is adoption, and this is our main focus. You can agree with me that adoption will drive the much-needed stability (to an extent).
Also price up or price down should not be the deciding factor, a great project or great projects that are developing real world use-cases should not be discouraged from sharing these real world use-cases with the community

In recent time, Bitcoin price is getting high, but on the other hand the condition of alternate crypto market is not up to the mark in the meantime, so isn't it a alarming moment for a new crypto project to get established or run in this momentum? I don't know what is coming to us regarding alt-coin's price, but I ma getting worried about this issue because I've invested a bulk amount of BTC to alt-coin.

Partnership is vital in the success of every project. This also demonstrates that the project is serious in developing their platform to something useful to the community. As they aim to connect fiat economy to crypto space, they really should have actual collaboration with companies. And would be great if they will published those companies to see how far they have gone to this area.

You started this project pretty well, the roadmap started in April as well as the DeFixy Twitter account. Where can I find information about the DeFiXy team? other than that, does DeFiXy have any partnerships?

You are right. It is new to some some people though, just as marketing bounty is also new to some other set of people still . Thanks for following our ANN

Development Bounty is to reward developers and coders for contributing to the project (project owners can decide and specify other tasks and requirements too) in finding bugs and testing products. The budget is higher for the obvious reason and that is the development is a very high profile activity and it is not as easy as doing normal tasks like making tweets and sharing posts in social media platforms. That's why the developer bounty has to be higher.

The developer's bounty is not a new thing. Bug bounty is also a kind of developer bounty which is very famous in the mainstream industry. Google, Facebook, Paypal, and so many other projects has been doing bug bounty and paid millions of dollars till date .

Yes, you are right and this was partly motivated by the experience of a couple of our team members. I personally, I got into crypto in mid 2017 and then, it was really challenging. Till date, when I speak to different individuals who are new to the crypto space or have interest in it, the common denominator I deduce from such conversations is the complexity. This is what DeFiXy Protocol is here to fix and we won't do it alone, we plan on partnering with key crypto players that will contribute towards achieving this.

Usually we all know the P2P MarketPlace is working for the favour of the user in order to create a link between barter or asset and any supported fiats, on the other hand, DeFiXy is going to set up an integration of a user interface which is highly user friendly so these two platform will create an easy way to connect with blockchain system, I think this is one of the coolest linkage for new comer also helpful for the old buddies.

Correct, DFX is not trading at the moment, not even on uniswap. You will need to wait until 15th Nov. when token issuance will go live. Trading will follow after sales.  Thanks for your interest.

oh i see, so for now there is no place to trade this token right ?
does thats mean i should wait in the next couples of weeks to get the dfx tokens or i can buy this token at uniswap now ?
thanks

Developer bounties are essentially bug/development bounties. These are rewards that are paid out to developers who find critical flaws/bugs in our codes and/or rewards paid out to developers who contribute to the development of DeFiXy over time.

The Developer bounties is more evenly spread over the span of the project as indicated in the roadmap hence, has a much larger percentage.

Regarding bounties, I read on your whitepaper there's 2 type of bounties, Developer Bounties and Marketing Bounties.
Developer Bounties is something new for me can you describes more about Developer Bounties? Considering that the percentage of allocation is 3 times much more bigger than marketing bounties

Yes, we are currently preparing our bounty campaign. It will be announced by the team in charge of the campaign as soon as possible.

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Do you also have the plans to start a bounty campaign for this project ?
That will be good for the marketing and also for the bounty hunters who will get few DFX token which may worth a lot in future.

Yeah, I have gone through the white paper of yours, it seems like a very potential project regarding cryptocurrency platform, I know when you can remove the barrier then people will come in and this is how mass adoption will be happening in the future, it's harsh but true that cryptocurrency platform still in a complicated shape and newcomers can't find an easy way to come in, All the Best.

Our main focus is to develop Highly user-friendly solutions but we are not just targeting inexperience crypto enthusiast. Experienced users will be able to provide trading services etcetera.... for inexperienced users. Having said, DeFiXy Protocol is a platform for all.

Please read our whitepaper at https://defixy.com/whitepaper for better understanding. Thank you

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Partly correct, implementation and integration of defi started this month. All the milestones are shown in timelines on our whitepaper, timeline for DeFi is Oct. - Q1 2021. We are working towards launching our DeFi services in Jan 2021 all things been equal.

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Not yet tradeable. It will be listed after token issuance. Tokens will also be tradeable (swappable) on DeFiXy during and after token issuance.

Details on token issuance will be published within the coming week but unofficially, it is scheduled to start on the 15th of Nov.

To add, our alpha staking is live. This means that holders of DFX will be able to stake DFX and enjoy up to 45% rewards.

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DFX is not yet tradable but will be in Nov. after our token issuance.

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Token Issuance is slated to start on 15th Nov. Tokens will be tradable on DeFiXy on and after token issuance and also on other exchanges after issuance.

As our alpha staking is live, buyers of DFX will be able to participate as soon as tokens are purchased.

[moderator's note: consecutive posts merged]

Based on their roadmap it's not tradable yet, it still in progress I thoughts. They planned to list this DFX either in uniswap and CEX after token issuance, I'm not really sure about their issuance I just assume it around next year (after seeing their roadmap).

Since the alpha staking phase already opened I think it pretty wise to ask them how to participate in (if open to the public) and the walkthrough (if any).

When viewed from the roadmap it should already be listed on the market, but after I looked for it, I didn't find it or maybe they weren't sure which exchange to list on? or even I am not thorough but I don't know