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Topic: [ANN][ICO]Chynge - World's First Payment Token with No FX Risk - page 4. (Read 19234 times)

sr. member
Activity: 728
Merit: 250
a promising project and will certainly be very useful for platform holders. hopefully the team will further develop innovation and promotion strategies for the success of this project.

Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.

the development should be fast since they know what they are doing. hopefully, they will not depend on the money that they are raising from their ICO.
I think the team are not like that because if they prepared this project a long time ago then probably there is no reason for them to only depend on the money that they are raising in the ICO. We should support them anyways.

I think i should be agree with you that we should support the team, from the effort of the team to build chynge.
That was a great effort in taking the project to this point, I really hope that the project will be success.
member
Activity: 294
Merit: 10
I think compliance with the law is a plus, but it is also a limiting point in the development of the Chynge project that is subject to the laws of other countries. This has limited the development of the project.
sr. member
Activity: 518
Merit: 251
a promising project and will certainly be very useful for platform holders. hopefully the team will further develop innovation and promotion strategies for the success of this project.

Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.

the development should be fast since they know what they are doing. hopefully, they will not depend on the money that they are raising from their ICO.
I think the team are not like that because if they prepared this project a long time ago then probably there is no reason for them to only depend on the money that they are raising in the ICO. We should support them anyways.
full member
Activity: 462
Merit: 118
Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.

the development should be fast since they know what they are doing. hopefully, they will not depend on the money that they are raising from their ICO.

Experience in the public service or in large multinational corporations is very useful and can be decisive in the work of the project. But it can also have a negative impact, because sometimes enthusiastic enthusiasts manage to do what the same multinational corporations (Microsoft, for example), spend years and billions of dollars to no avail.

That is a good point. But for money wire abroad i cannot imagine that beind doable without corporate power. Coding however can be done better be enthusiasts indeed.
jr. member
Activity: 266
Merit: 3
Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.

the development should be fast since they know what they are doing. hopefully, they will not depend on the money that they are raising from their ICO.

Experience in the public service or in large multinational corporations is very useful and can be decisive in the work of the project. But it can also have a negative impact, because sometimes enthusiastic enthusiasts manage to do what the same multinational corporations (Microsoft, for example), spend years and billions of dollars to no avail.
full member
Activity: 1848
Merit: 158
Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.

the development should be fast since they know what they are doing. hopefully, they will not depend on the money that they are raising from their ICO.
hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino

After reading through the text wall maybe i have miss out the part, how will chynge charges be like? What are the challenges chynge face in building such a transfer money system?

That is the reason why Chynge had done a through research on the different technology and settle for Stellar platform.

Stellar is able to conduct up to 1k transaction per sec. They even have went through stress test and it can be stretch to 3000 transaction per sec. In addition, another huge issue that Chynge is concerned about is the transaction fee. With the backlog of transaction, even bitcoin can clock up to as much as $5 per transaction fee. Stellar on the other hand can do instant transaction with fee up to a thousandth fee of what others offer. These are the two main reasons why Chynge also chose Stellar.

wow amazing, so later this project will provide benefits for traders with low fees? if like that I think will be much in demand by anyone, including me Smiley. because most exchanges now have an expensive fee.
newbie
Activity: 56
Merit: 0
projects with interesting and promising concepts, and will provide many benefits for both platform holders and investors. but in the thread you submitted does not display white paper, it will make investors hesitate with your project. hopefully there will be improvements for it.
jr. member
Activity: 182
Merit: 2
Team, adviser with extensive experience in the field of banking. Strong advisors with broad knowledge of finance and management; Most of the people who have worked in the state apparatus (defense ministry, central bank) hold important positions, which makes it possible for Chynge to obtain a license to operate in other countries.
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
What different between Chynge.com and Chynge.net? Both is your sites, right? Why you have 2 sites? When platform for payment will be ready?
full member
Activity: 462
Merit: 118
The token can be stored in any stellar wallet as long as we are save the private key right ? Even which created on the https://www.stellar.org/account-viewer because I just know that's the official stellar wallet.

Not an expert in Stellar, but as long as the trust line have been created there should not be an issue. If that were not the case Stellar would not be ranked what it is on cmc Tongue
newbie
Activity: 126
Merit: 0
a promising project and will certainly be very useful for platform holders. hopefully the team will further develop innovation and promotion strategies for the success of this project.
newbie
Activity: 84
Merit: 0
Chynge is fighting financial crime with Chynge Central, a self-owned property rights solution. All customers and transactions are scanned by a combination of predefined risk and algorithm indicators so that suspicious behavior patterns are detected.
sr. member
Activity: 672
Merit: 251
The token can be stored in any stellar wallet as long as we are save the private key right ? Even which created on the https://www.stellar.org/account-viewer because I just know that's the official stellar wallet.
full member
Activity: 266
Merit: 100
I see this project is good, but I still have not seen the achievement, can you show the achievement of the project to everyone
You can see the Chynge project achievement in his official website, where later stated it was going about this project and achievements that have been obtained
member
Activity: 392
Merit: 10
I see this project is good, but I still have not seen the achievement, can you show the achievement of the project to everyone
full member
Activity: 462
Merit: 118
from this project thread I still do not understand the project is growing on what basis, but for the sale of coins that do have a good development, I will monitor the progress of this project in the future to know the benefits gained


There are many players that are not licensed and not registered. There are several players that are licensed and regulated. There are very few players that are licensed and regulated in multiple jurisdictions, and Chynge is but one of the few. Money transfer is a commodity business and we recognise that. There is no customer loyalty and they will move for a fraction of a penny. Hence, our strategy (from early on) includes working with regulators to attain more licenses, working with partners for speed-to-market, and a combination of FinTech and RegTech to for operational efficiencies and scale. We also have a Smart Compliance engine to reduce the risks for money laundering, terrorism financing, and fraud. Furthermore, our Chynge XCLP token locks FX rates and removes the FX risk from you, the customer. In the crypto world, removing the FX risk is supremely compelling.

I must say this is starting to look quite good. You will have offices in the cities as well like the current fiat operators for sending money abroad?
copper member
Activity: 87
Merit: 0
from this project thread I still do not understand the project is growing on what basis, but for the sale of coins that do have a good development, I will monitor the progress of this project in the future to know the benefits gained


There are many players that are not licensed and not registered. There are several players that are licensed and regulated. There are very few players that are licensed and regulated in multiple jurisdictions, and Chynge is but one of the few. Money transfer is a commodity business and we recognise that. There is no customer loyalty and they will move for a fraction of a penny. Hence, our strategy (from early on) includes working with regulators to attain more licenses, working with partners for speed-to-market, and a combination of FinTech and RegTech to for operational efficiencies and scale. We also have a Smart Compliance engine to reduce the risks for money laundering, terrorism financing, and fraud. Furthermore, our Chynge XCLP token locks FX rates and removes the FX risk from you, the customer. In the crypto world, removing the FX risk is supremely compelling.
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