MixSwap AMA with CryptoLand(Transcript)

MixSwap
10 min readJul 17, 2021

--

Introduction:
MixSwap is a all-in-one DeFi Banking App built on Binance Smart Chain(BSC). Although decentralized finance has generated significant interest in developed countries, we believe that widespread adoption in China and Southeast Asia can only happen through the ease of use with mobile applications that combine the possibilities offered by DeFi with safety and privacy.
• MixSwap offers mainstream FinTech services with instruments and possibilities of DeFi. Such as high-return savings account, fiat fixed deposit, cryptocurrency vaults, debit cards & transaction mixer.
• Personal banking services to accommodate the needs of risk-averse private investors interested in portfolio diversification and risk assessment.

MixSwap offers a solution where retail investors in developing countries can join DeFi with low-entry barriers and a wide range of products such as high return savings account, fiat fixed deposit, cryptocurrency vaults, debit cards & transaction mixer.

Below is our Transcript for our AMA with CryptoLand

Mark:
Goodmorning Crypto landians🔥🔥

Mark:
We are so glad to have @MixSwapAdmin here with us for today’s AMA session🔥😉

Elena Roy:
Good Morning All🔥🔥

MixSwap Admin:
Hello everyone! Thanks for having us today! We are very excited for our first AMA together with guys!

Elena Roy:
Our pleasure sir🔥🔥

Mark:
Hey @MixSwapAdmin sir, so nice to have you all here on board with us😉

Elena Roy:
Let’s start our today’s session 🔥😉

Mark:
Lets begin today’s session now shall we?

MixSwap Admin:
Sure! Let’s get it started! 🔥

Mark:
Great 🔥
Please type done after completion of every answer to avoid any kind of confusion please😊

MixSwap Admin:
Noted !

Mark:
Lets Start our today’s session with the Introduction Questions🔥🔥
Here comes the first and basic question 😉
Q1) Can you please introduce yourself to the community

MixSwap Admin:
Hi everyone, I am Gary, the cofounder of MixSwap. We are a team of tech entrepreneurs who came together with a solution for the existing problems in the crypto space and DeFi. Our team is committed in creating a simple and seamless DeFi experience to both crypto savvy users and less digitally proficient individuals in Asia, especially Southeast Asia.
Done.

Mark:
Great introduction 🔥😉

Elena Roy:
woah!!!🔥🔥

Mark:
Q2) Please tell us about MIXSWAP community in detail?

Elena Roy:
A perfect Introduction for a perfect Team!!🔥🔥

MixSwap Admin:
Sure. MixSwap will be offering a wide range of traditional banking products built in DeFi infrastructure, such as high return saving accounts, multi cryptocurrency mining vaults, debit cards and P2P lending platform.
Done.

Mark:
Sounds good🔥🔥
Q3) How is MIXSWAP community different and better than its competitors?

Elena Roy:
Great🔥🔥

MixSwap Admin:
As I mentioned above, MixSwap will be launching the first seamless DeFi experience to everyone. MixSwap will be the first all in one DeFi banking app built on Binance smart chain.

We believe that although DeFi has generated a lot of interest in developed countries, widespread adoption in Asia, particularly in Southeast Asia can only happen through the ease of use with mobile application that combine the possibilities offered by DeFi.

MixSwap will be offering the first of its kind solution where retail investors in developing countries can join DeFi with low entry barriers and a wide range of traditional banking products such as our high return saving accounts, multi cryptocurrency mining vaults to earn passive income and even apply for international debit cards.
Done.

Mark:
Wooh!🔥that gonna be great for sure

MixSwap Admin:
Thanks Mark!

Elena Roy:
indeed🔥🔥

Mark:
Q4) Every project has a final goal which it is aiming to reach. Whats that final goal for MIXSWAP community ?

Elena Roy:
impressive 🔥

MixSwap Admin:
Our final goal will be to bring DeFi solution to mass adoption around the world, offering mainstream FinTech services on our mobile application where users can manage their cryptocurrency portfolio with just a a few clicks on their mobile phones.
Done.

Mark:
Hope you guys will achieve your goals soon🔥🔥

Elena Roy:
Sounds great🔥🔥

Mark:
Here comes the last question from introduction segment 🔥😉
Q5) Partnerships are extremely important for any project to grow and shine in the sky! So can you tell us some of your recent partnerships and also how do you plan to make it better?

MixSwap Admin:
As tech entrepreneurs ourselves, we have worked with many partners within Southeast Asia region as well as in China. As for MixSwap, we will be collaborating with local representatives within each country in the region and be focusing a lot on educating our users on DeFi. We believe in creating value to our community and this is how we can grow our community bigger. Our collaboration with CryptoLand today will be the first of our many AMA coming forward.
Done.

Mark:
Perfection!!😍

Elena Roy:
That’s great🔥🔥

Elena Roy:
AMA are the best way to market in my opinion🔥

Mark:
Agreed 🔥
Well with this we came to an end of Segment 1 and are good to proceed to Segment 2 which is Questions from Twitter!🔥🔥

MixSwap Admin:
Yes we believe the same too, with educating our users being our first priority. 💪🏻

Elena Roy:
That’s great🔥🔥

Mark:
Shall we proceed to our 2nd segment?

MixSwap Admin:
Sure!

Mark:
So here comes the first question from Twitter segment 🔥
Question 1 from Twitter
Southeast Asia is a very vibrant market and many project developed here so with Your project what do you think about Southeast Asia and do you have any plan to develop here? From- @Emilia4586

MixSwap Admin:
Yes indeed, the total number of internet users in Southeast Asia is at 462 million, and it’s still growing at an exponential rate. Being born in Singapore and having businesses in Southeast Asia has strengthened our understanding in the region. We understand the needs of the people here, the current ecosystem and that the instruments of DeFi is built for desktop users. As someone who is born in Southeast Asia, we know that there are always a friend we know that do not own a computer, and have their internet lives with just on their mobile phone.

You’ll understand why so many of the unicorn tech businesses are so focused on their mobile application application, some even forgo their desktop website. Our focus is to build an application where users can join DeFi in an easy and seamless way, with that being said we will educate our users of the risks involved. Our users’ experience will always be our top priority.
Done.

Mark:
That seems really good to me🔥🤩

Elena Roy:
A perfect answer🔥🔥

MixSwap Admin:
Thank you!

Mark:
Question 2 from Twitter
There are many projects that are simply raising Funds with an IDO.After their tokens listed on the Market/Exchanges 75% of them only play PUMP&DUMP schemes and end with RugPulls. What is your statement to convince investors that MixSwap is different and won’t do the same schemes? From-@MesutGunerri

MixSwap Admin:
That’s a great question!

Elena Roy:
indeed

Mark:
Excited to hear🤩

MixSwap Admin:
To start it off, we have security measures like liquidity pool locked up, migrator code removed, codes being audited & a MasterChef time lock. With these measures in place, we hope that we have shown our commitment to MixSwap, and we do not have access to the funds in the MixSwap.

We want our community to see us as not just a token, we are building a game changing real world business with DeFi. We do not want our community to just speculate on the prices and seek everyone’s understanding on what we are trying to achieve in our roadmap and the value that we are creating.

Elena Roy:
Commitment can be seen 100%🔥🔥

Mark:
Security is an important part of any project…good to see that you guys are taking it seriously 🔥🔥

MixSwap Admin:
Not only that, but we are opening up the Pandora box to many untapped users in Asia and Southeast Asia by allowing them to access DeFi through our MixSwap’s application. Everyone will be able to see our progress day by day, and there is no way that we are doing a pump and dump scheme for short term gain. We are in this for the long run, imagine mobile phones without Apple innovation on making it simpler and available to mass adoption.

Elena Roy:
Hope you achieve what you want🔥🔥

MixSwap Admin:
Done.

MixSwap Admin:
Thank you Elena!

Mark:
Question 3 from Twitter
On reveiwing your website i saw that you will be providing Wallet Services. Can you explain the features of #Mix Wallet? How is this different from wallets launched by other platforms? Will their be any rewards for users holding your token in the wallet??? From-@Shihabm170

MixSwap Admin:
Yes that’s right. MixWallet will be packed with exciting features offered by mainstream FinTech, such as high return saving accounts, fiat fixed deposit, multi cryptocurrency mining vaults, debit cards and transaction mixer.

Unlike other wallets that are available in the market now, our primary focus will be the ease of usage for non-tech savvy users and bringing them all these awesome features.

Elena Roy:
Haha like me🔥😅
it’s so exciting 🔥

MixSwap Admin:
I’m sure many of us here have the same feeling of being lost in the cryptocurrency world when we first started, and this happens all the time even with tech-savvy users. Imagine this feeling with our friends who might not be as tech-savvy, it will be a nightmare for them to read through all the different instructions & articles to even get started.

Elena Roy:
Indeed sir
i can totally feel that feeling😅😅
#MixSwapToTheMoon🔥🔥🔥

MixSwap Admin:
With MixWallet, it will be an all-in-one App to get started on DeFi. Ease of usage and an easy-to-understand approach is a MUST to bring DeFi to mass adoption, and this is what we are advocating.

MixSwap Admin:
Happens all the time. 😉
Done.

Elena Roy:
Great Answer 🔥🔥

Mark:
Question 4 from Twitter
What is your top priorities in 2021, Could you share some plans for the upcoming year. Which part of the project are you most focused on right now amd How many killer features of Your project that makes it ahead of its competitors Could you tell us 2–3 features the Project? From-@Emilia4586

MixSwap Admin:
In 2021, we are focusing on the fundamentals of MixSwap, working in MixPools/MixFarms and our multi cryptocurrency mining vault and lots of marketing. With these features implemented, we will be expanding our user base and allow many of our new users to understand the endless possibilities they can have by staking fun the multi cryptocurrency vault, generating them passive income. This will be an introduction to our users in generating passive income with cryptocurrency and this is crucial as we build a strong community base.

By the end of 2021, we will have our mobile wallet application available to the public. One of the many killer features is our Dex integrated swap function where we will get the cheapest prices and reroute trades between different Dex to ensure that our users are getting the best prices. I’m sure many of us here who are in the DeFi scene long enough will understand the frustrations of arbitrage bots. With this in place, it will eliminate the advantage arbitrage bots have and bring the best prices to our users.

You can think of it as a Skyscanner not flights but cryptocurrency and you’ll always be getting the best prices from our MixWallet.

Elena Roy:
Super excited for your wallet release🔥😉

MixSwap Admin:
Just to add on, by the first quarter of 2022, our integrated multi currency mining vault and the applications for Crypto debit cards will be bringing us untapped users from developing countries with difficulty applying for debit card and financial instruments. While we work on these key features, we will also be focusing on marketing and educating our users. With these in place, we are set to outrun our competitors and bringing in retail users who might have not even hear about DeFi and MixSwap will be their first trusted choice. Mass adoption of DeFi is what we are working towards! 💪🏻💪🏻
Done.

Mark:
Question 5 from Twitter
One of the biggest problem for a lot of DeFi & Farming projects seems to be that when farming starts, the price goes down because people unload to put liquidity into the farm. Will there be an incentive to hold MixSwap and not just farm and dump? From-@jamin631

Elena Roy:
Great🔥🔥🔥
2022 will be a blast🔥

MixSwap Admin:
This is a potential problem that we are aware of, our dev team has reduced the multipliers for Non-Native MixPools & MixFarms to prevent it from those who are not vested in our project and this is one way we are preventing it.

Mark:
Indeed

MixSwap Admin:
With more than a thousand DeFi projects launching everyday, many projects without real world usage will just be a farm & dump without a long term prospect.

Elena Roy:
Great🔥🔥

MixSwap Admin:
In MixSwap, we focus on building a real world usage where we can bring mass adoption of DeFi through our App. We do not build our community on price speculation but the value of MixSwap. With the massive adoption of MixWallet and the exciting features we have packed in it to solve real world problems, we will be having an exciting business model where investors will rush in.

With the monetisation of MixWallet, dividends will be given out to our stakeholders by the percentage of MXS tokens they are holding, just like any business. For a long term investor who believe in the problems we are solving in the cryptocurrency space, many will be accumulating their MXS tokens in our multi cryptocurrency mining vault to generate passive income while our team solve the critical problems of DeFi. MXS is not just a token to speculate on, dividends is given out to stakeholders based on the percentage of MXS tokens they’re holding just like anyone who invest in the stock market for long term investment, with massive growth in potential businesses.

We will never be the first choice for short-term gain investors, we focus on attracting investors who are vested for the long term.

Elena Roy:
That’s a great answer🔥🔥🔥
Long term investors are the real GEM🔥💎

MixSwap Admin:
Apologies for the long wait guys

Elena Roy:
No problem sir

Mark:
No problem sir☺️

Elena Roy:
the wait was worth🔥
So, is it done?

Mark:
Thank you so much for answering questions from Twitter Segment🔥🔥

Follow Us On:
Website: https://mixswap.finance/
Facebook: https://www.facebook.com/Mixswapfinance
Twitter: https://twitter.com/MixSwapFinance
Telegram: https://t.me/mixswapofficial
Medium: https://mixswap.medium.
Gitbook: https://docs.mixswap.finance/

--

--

No responses yet