TELEGRAM AMA: Im Community & Coinswap 🐋
⏰ AMA Timing : 24 September 2021 l 02:30 PM UTC l 21:30 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | :
Welcome @CoinSwapBull from Coinswap.

Bà Tân | : Welcome everyone. Today Im Community will host AMA with Coinswap.

Bà Tân | : Today our guest is: @CoinSwapBull from Coinswap.

Bà Tân | : Can you introduce yourself to our Im Community?

CoinSwap Bull : Sure, I’m CoinSwapBull, I’m a huge fan of this DEX and I’ll tell you why now. Let me explain a bit about the community and the functions.

Advanced Trade: Users can trade by observing real-time K-line and liquidity pools.

Liquidity Migration: CoinSwap.io provides this function of one-click “Liquidity Migration” that can easily allow users to migrate the liquidity previously provided on DEX.

Node NFT: Each node will become the unique NFT system of CoinSwap.io to support free transfer.

Financial Derivatives: As the trading volume and liquidity of CoinSwap.io continue to increase, we will gradually enrich the structure of various products.

Assets: You can check your wallet balance on CoinSwap.io directly.

Deductible Fees: Coins can be used to deduct 50% trading fees. The trading fee can be as low as 0.15%.

Market Data: Query Token market data anytime, anywhere.

DAO Governance: Users who hold COINS can initiate and vote on the system. Related proposals include block rewards, halving cycles, new token launches and adjustments to liquidity weights of trading pairs, etc.

Done

Bà Tân | : Thanks for the introduction.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Coinswap

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1441227212116561923).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Requirements:

🗣Im Community (https://t.me/imcommunityitw)

🗣Coinswap_DEX (https://t.me/Coinswap_EN)

🗣CoinSwap Announcement (https://t.me/CoinSwap_Announcement)

🗣Twitter Coinswap (https://twitter.com/Coinswap_)

👉More information about Coinswap :

🗣Website (https://coinswap.com/)

🗣Medium (https://medium.com/@CoinSwap_)

🗣Discord (https://discord.gg/bapraaVGj4)

Bà Tân | : Start session 1 AMA @CoinSwapBull

Bà Tân | : Question1. Can you briefly describe what is Coinswap? We would like to know more about it and how it works. @CoinSwapBull

CoinSwap Bull : CoinSwap is the World’s First DeCloud Trading protocol that offers a number of functions that other projects don’t match in the DEX world. It is not only an AMM-based decentralized exchange but it is also an ecosystem.

CoinSwap is committed to building a decentralized financial ecosystem integrating DEX, Cloud, NFT, DAO, GameFi and more in the future!

Done

Bà Tân | : Question2. What are the trading services that Coinswap provides to users? How can users trade on your platform?

CoinSwap Bull : AMM Transaction

Based on AMM, CoinSwap.io realizes a high utilization rate of funds, low slippage and small risk of impermanence. It also realizes the exchange between crypto currencies, as well as various mining such as liquidity mining and trade mining mechanism, creating a high-performance composite DEX ecosystem.

Liquidity Sharing

CoinSwap supports one-click migration to share liquidity. Users can continue to earn LP rewards, also COINS as extra rewards.

Referral Reward

Invite friends to get transaction reward and mining reward.

Node NFT

Each node and supernode are regarded as CoinSwap.io’s unique NFT system.

COINS Deflation Mechanism

Similar to the ETH EIP-1559 mechanism, CoinSwap.io has the commission deduction and destruction model.

Done

Bà Tân | : Question3. What are the outstanding features of Coinswap?

CoinSwap Bull : I named a lot of features in the introduction but I’ll highlight a few that separate CoinSwap from the other DEXs.

Liquidity Migration which allows users on 3 other platforms right now to migrate their liquidity from Pancake Swap for example, this is a huge advantage for people supporting the community and earning rewards in COINS, the native CoinSwap token.

Secondly, Supernode NFT which other platforms haven’t done like CoinSwap.com

The NFT also allows users to create their own ecosystem within a larger CoinSwap ecosystem and gain rewards from referrals through the dApp.

DAO Governance

Low Fees is another one since the network is very efficient and runs on BSC.

Done

Also one last thing

You can see a full list of the features on this page:
https://docs.coinswap.io/

Bà Tân | : Question4. What role does the COINS token play in your ecosystem? What are the benefits of long-term holding?

CoinSwap Bull : The role of COINS is to gain reward from sharing in the larger ecosystem.

By holding COINS users will also have a larger stake based on their % of holdings in the DAOs Governance.

This is the future of all ecosystems that will be successful.

Done

Bà Tân | : Question5. What are Coinswap’s achievements? Coinswap’s development plan this year?

CoinSwap Bull : Well the most important achievement of late was the launch which was less than 2 weeks ago! 🙂 But since then there’s been a number of major achievements with new users all over the world.

Also, people don’t realize how amazing it is that people all across the world can come together to work on something as important as CoinSwap to create the world’s most functional DEX.

This is not an easy task but it’s an impressive one that the community should be proud of.

Done

Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Bà Tân | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1441227212116561923).

Bà Tân | : Question1. Where do you plan to store the NFT’s sent through your nodes? Will you store them in blockchain or just cloud? @CoinSwapBull

CoinSwap Bull : This is a good question that users should understand before participating in any NFT.

The NFTs are stored on-chain.

Done

Bà Tân | : Question2. Can you share the future roadmaps of Coinswap and what are the possible integration team currently working on?

CoinSwap Bull : Let’s talk about the future of COINS. When all users can start providing liquidity that will be huge for the ecosystem.

This is in the works and you can keep up with the tokenomics and the release date on all future events and anything newsworthy through these links!

🗣OFFICIAL LINKS:

Website: https://coinswap.com/

Twitter: https://twitter.com/Coinswap_

Medium:https://medium.com/@CoinSwap_

Telegram Announcement: https://t.me/CoinSwap_Announcement

Telegram: https://t.me/Coinswap_EN

Discord: https://discord.gg/bapraaVGj4

Reddit: https://www.reddit.com/user/media-coinswap

YouTube:https://www.youtube.com/channel/UCnKlC1pHKUOdRYdrNAoQTlw

E-mail: media@coinswap.com

Done

Let me please provide the application for a SuperNode NFT as well.

https://www.reddit.com/user/media-coinswap/comments/pu8qn6/coinswapcom_supernode_nft_airdrop/

Done

Bà Tân | : Question3. What is Coinswap vision and goals? In your opinion, what are the outstanding advantages of Coinswap? Why should users choose Coinswap ?

CoinSwap Bull : AMM Transaction

Based on AMM, CoinSwap.io realizes a high utilization rate of funds, low slippage and small risk of impermanence. It also realizes the exchange between crypto currencies, as well as various mining such as liquidity mining and trade mining mechanism, creating a high-performance composite DEX ecosystem.

Liquidity Sharing

CoinSwap supports one-click migration to share liquidity. Users can continue to earn LP rewards, also COINS as extra rewards.

Referral Reward

Invite friends to get transaction reward and mining reward.

Node NFT

Each node and supernode are regarded as CoinSwap.io’s unique NFT system.

COINS Deflation Mechanism

Similar to the ETH EIP-1559 mechanism, CoinSwap.io has the commission deduction and destruction model.

Customize Your One-stop DeFi Platform

Users can customize your one-stop DeFi platform integrating DEX, NFT, DAO, etc., which is more efficient, more convenient and more innovative.

Binance Smart Chain boasts enhanced smart contract capabilities and compatibility with the Ethereum Virtual Machine(EVM).

The gas costs of Ethereum can be excessively high during periods of severe network congestion, while BSC has one of the fastest blockchain transaction times and the lowest fee structure, making it very attractive for developers to build DeFi applications on the protocol. What’s more, the DeFi infrastructure and related documents on the BSC are very sound and the development experience is good, which can perfectly implement the DeCloud Protocol.

The Binance smartchain uses a consensus algorithm called Proof of Staked Authority (PoSA). In this algorithm, 21 validators use BNB, the native token of the Binance ecosystem, to protect the network.

Also, Binance Smart Chain has high international recognition. The Binance Smart Chain ecosystem has strong support for media resources, wallet resources, and community resources, which will assist CoinSwap.io to develop more innovative financial application scenarios in the future.

Attractive features of the Binance smart chain

Interoperability

Binance Smart Chain is built on a dual-chain architecture, which allows users to transfer assets from one blockchain to another flexibly. The interoperability of Binance Smart Chain provides users with the opportunity to access a vast ecosystem with countless use cases.

Low transaction fees

Transaction fees refer to the fees that users pay when making transactions on the blockchain.

Binance Smart Chain and Ethereum are the two blockchains most commonly chosen for DeFi projects. However, when it comes to blockchain fees, Binance Smart Chain is significantly more profitable than Ethereum.

Transaction speed

Blockchain transactions require multiple confirmations to fully process the transaction. This is to avoid the risk of double payment. The longer the confirmation, the longer it will take to complete the transaction.

Done

Bà Tân | : Question4. Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?

CoinSwap Bull : This is an important question, thanks for asking!

Certik audited the CoinSwap protocol and you can read the entire audit report here:

Certik Audit Report:https://www.certik.org/projects/coinswapio

CertiK is one of the most trusted security agencies in cryptocurrenty and blockchain.

Done

Bà Tân | : Question5.Security is the most important , thing to consider want starting, up a project how secured, is this project for users and investors?

CoinSwap Bull : Well, that’s why all projects should get an audit. No users should just take a projects word for being safe.

Audits provide that sort of ease of mind but protocols must be updated and CoinSwap will continue to work to keep their users safe.

That’s important to CoinSwap, to provide the best user experience in the world!

Done

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @CoinSwapBull 😃

CoinSwap Bull : Of course, thank you for the questions!

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

Bà Tân | : Don’t forget to join the group https://t.me/Coinswap_EN

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : Now let’s give our dear guest @CoinSwapBull some time to go through them.

Bà Tân | : @CoinSwapBull Pick the 5 best questions and answer it for session 3.

CoinSwap Bull : Wow amazing, okay I’ll do that now, thanks!

Q1. While you build your project, do you take into account community feedbacks and demands?

CoinSwap Bull : This is an important question. Of course, CoinSwap wants to make their users happy. Users tell their friends how great a platform is and that’s one reason why CoinSwap is off to such a great start. Everyone can see users already heading over to the newest DEX that also does DeCloud provides referrals through SuperNode NFTs. This is a revolutionary advancement in DeFi.

Done

Q2. Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?

CoinSwap Bull : As I noted before, CoinSwap underwent a full audit from CertiK. CertiK’s audits are extremely thorough. Users should read about the audit on the website provided and do their own research but this is a huge positive that the code has been already passed by one of the top security agencies in all of tech.

Done

Q3. Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

CoinSwap Bull : I can’t speak on value but as far as taking control of a community and having input into it’s future — that’s what CoinSwap wants to build. The future of efficiency is the DAO setup and through governance via the COINS token, all users no matter who they are have an equal opportunity to participate in the DAO.

Done

Q4. Does your project have worldwide support? Do you have a local community of China, Vietnam, Indonesia, Malaysia, Singapore, Korea, India… to best spread your project? Please tell me more about your local communities.

CoinSwap Bull : It’s actually very impressive that CoinSwap already has users all over the world. CoinSwap might actually have users on every continent already that people live on. 🙂 The CoinSwap protocol is already a resounding success and will only become a larger part of the DeFi world in the future.

Done

Q5. Your project looks good but it confuses me that there are many other Blockchain projects. What should I notice about you to give it the importance it deserves? What do you plan to achieve with your project?

CoinSwap Bull : One thing that users are already reporting that they love is the fact that they can gain rewards on CoinSwap that are not available anywhere else. Also, by trading in COINS which is the native token of CoinSwap, the users will notice that the tokenomics could potentially end up deflationary.

CoinSwap’s modeled their TXs like EIP-1559 and COINS are the native token used to transact.

COINS will be burnt when transacting on the network which users like.

Done

Bà Tân | : Congratulations to the winners of session 3.

@vilamna

@saophaixoa

@aoquaa

@Lamkille

@AngelaFletcher215597

Bà Tân | : Thanks for the useful information from @CoinSwapBull

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @Coinswap_EN for answers.

🍀Jőhn L🍀 : Thank for your time @CoinSwapBull

🍀Jőhn L🍀 : That’s great today

CoinSwap Bull : Please don’t forget to sign up to the links below and follow the social media links, there’s so much news forthcoming!

CoinSwap Bull : 🗣OFFICIAL LINKS:

Website: https://coinswap.com/

Twitter: https://twitter.com/Coinswap_

Medium:https://medium.com/@CoinSwap_

Telegram Announcement: https://t.me/CoinSwap_Announcement

Telegram: https://t.me/Coinswap_EN

Discord: https://discord.gg/bapraaVGj4

Reddit: https://www.reddit.com/user/media-coinswap

YouTube:https://www.youtube.com/channel/UCnKlC1pHKUOdRYdrNAoQTlw

E-mail: media@coinswap.com

Bà Tân | : IM Community, if you would like to know more about Coinswap ! here are some useful links for you:

Official Website: https://coinswap.com/#/home?lang=en

Twitter: https://twitter.com/Coinswap_

Telegram: https://t.me/Coinswap_EN

Medium: https://medium.com/@CoinSwap_

Discord: https://discord.com/invite/bapraaVGj4

Reddit: https://www.reddit.com/user/media-coinswap

Youtube: https://www.youtube.com/channel/UCnKlC1pHKUOdRYdrNAoQTlw.

Bà Tân | : Allright, I declare the Im Community AMA with Coinswap has ended.

Thanks to @CoinSwapBull | Coinswap joined us and provided us with Coinswap information, we hope that this knowledge makes us understand more about https://coinswap.com/#/home?lang=en (https://coinswap.com/%2523/home?lang=en)

To the members, thank you for following this event to the end. winners will be announced soon.

CoinSwap Bull : Thank you, please have a great day and enjoy CoinSwap.com!

Bà Tân | : Thanks @CoinSwapBull for joining the AMA today. Have a good day.

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IM is a PR group — Marketing support for Airdrop, advertising, AMA, Services … in Vietnam Flag of Vietnam. — — — — — — — - TG: https://t.me/imcommunityitw

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