AMA Theme : Introduce HUBFinex
Date : 29th January 2021
Veneu : https://t.me/CryptoExOr
Spokesman : Mr. Tarik - Founder
SEGMEN 1 : INTRODUCTION
Crypto Expert
Organization:
Hello @rikta13
Mr. Traik :
Hello everybody !
First of all, it's a real pleasure for me to participate in
this AMA with your amazing community !
Crypto Expert
Organization:
Previously, thank you for attending this APA event, sir
Mr. Traik :
thanks to you sir !
Crypto Expert
Organization:
Hope you can enjoy our program this time. And explain your
project to Crypto Expert Organization members 💪
Mr. Traik :
so excited
Crypto Expert
Organization:
Okay, sir. Before we start this event can you introduce
yourself to the Crypto Expert Organization community. And a little story about
you while building HUBFinex?
Mr. Traik :
I introduce myself, my name is Tarik the founder of the
HUBFinex project. I have 20 years of entrepreneurial experience in the IT
domain more particularly Linux, middleware applications and decentralized
applications, we are currently focusing on blockchain technology and developing
it for companies and individuals.
i'm crypto enthusiast since 2012 😊
I chose the name HUBFinex for my project because I want to
create a financial HUB for the crypto community
Crypto Expert
Organization:
Wow, it's been so long. And it looks like your career is
extraordinary. Maybe I can be your student because I really want to know and be
able to use the Linux terminal freely 😁
Mr. Traik :
Linux and blockchain are linked 🔥
Crypto Expert
Organization:
Okay, Mr.Tarik.
Thanks for the introduction.
We will enter the first session where I have five questions
for you on our show this time
Mr. Traik :
i'm ready 😃
Crypto Expert
Organization:
First question sir.
Could you explain a little about HUBFinex? and what Is make it
different From another Project?
Mr. Traik :
Our goal with HUBFinex project is to create a new kind of
decentralized blockchain company focused around a strong community using an
advanced voting system.
Too many crypto projects are selling tokens and making
decisions against holders, HUBFinex project main objective is to involve its
community very actively.
Obviously the main goal of any company is to create products
that will be massively adopted but HUBFinex wishes to redistribute part of the
income from these sales to professional clients as well as the blockchain
transaction fees to the community which support and participates to HUBFinex network.
Crypto Expert
Organization:
OK I think I got it from your first answer. I can't wait to
find out more about HUBFinex 😬😬😬
Are there any extras, Mr.Tarik ?
If not please say ( done )
Mr. Traik :
finished sir !
Crypto Expert
Organization:
Well we will continue to the next question sir
Second Questions.
What is the name of your token
and how is it utilities? Where can we
get it?
Mr. Traik :
The name of the HUBFinex token is HFX, the token will have a
central role around HUBFinex products.
HFX token will be the entry point for using the HUBFinex
products like HubFunding, ACI and HubDefi, it will be used for HUBFinex
masternode Proof-Of-Stake system.
HFX token will be used by our future voting system for
community governance.
To sum up the HFX token will be the heart of the HUBFinex
project !
We will open today the Initial Token Offering to buy HFX
with 100m total supply for only $0,01 each. (more information on website
HUBFinex.com)
Crypto Expert
Organization:
a little extra sir Means that HUBFinex will bring in the
staking system or for now we can stake it, sir?
Mr. Traik :
soon after presale ended
Crypto Expert
Organization:
Like that okay sir. We will enter into the third question
Mr. Traik :
ok sir 😊
Crypto Expert
Organization:
You are very gentle is very visible from the way you speak
through typing 😁.
Third question
What are the benefits we get from buying and holding $HFX?
Mr. Traik :
For example with HubDefi , community could be rewarded by staking
many famous projects like ETH 2.0, Zilliqa, Polkadot and much more Defi
projects , simply by stacking only HFX tokens.
HFX holders will receive monthly blockchain gas fees payed
by customers and liquidity mining rewards.
As a bonus at the end of each year, 10% of HUBFinex
company's FIAT earnings will be converted into HFX and redistributed to HFX
holders.
Crypto Expert
Organization:
Crypto Expert Organization friends. Lots of bonuses and
features from HUBFinex. 😂 This makes me even
more curious sir let's continue 💪💪💪💪💪
Fourth question.
What achievements has HUBFinex achieved so far? Then, what is the next
big step for HUBFinex to take?
Mr. Traik :
For the moment we are in the launch phase but our business
model is clearly defined.
We are in discussions with future partners such as
Hyperledger, 1inch.exchange and Swarm Network.
The next big step is the adoption of the project by a strong
community and of course the fundraising which will allow us to complete the
technical and marketing development phase at the end of 2021.
In April 2021, we are going to release the Beta version of
our community investment tool Altcoin index ACI.
Crypto Expert
Organization:
this is the last question from our first session this time
sir.
What can we expect from current and future $HFX?
Mr. Traik :
The HFX token will bring together a community around common
decisions using our exclusive voting tool.
Community spirit will help attract new members who will
appreciate the transparency of the project.
Crypto Expert
Organization:
Okay, Mr.Tarik Thank you for your answer, sir. I am very
satisfied with your answer but I am still very curious and my curiosity is
getting deeper 😂.
We still have two sessions. And we are going to enter a
twitter session sir where we have together selected the best questions from
Twitter
SEGMEN 2 : TWITTER QUESTION
Crypto Expert
Organization:
Q1: From twitter
@Luckyluck041
When looking at Hubfinex roadmap, lot of great updates are coming in
near future, what are the most important upcoming Milestone ? Does Your Project
Have a Great team and Financial support to achieve those milestones?
Mr. Tarik:
One of the most important steps in the project is community
growth and fundraising in order to take the next steps.
The team is currently composed of 3 members: a project
manager, a full stack web developer, and soon a community manager.
We plan to subcontract part of the technical development of
the project and we will recruit from this summer.
We have private funds to start the development of the ACI
beta version as well as the implementation of the first marketing stage but the
upcoming fundraising will help meet 2021 milestones with $250,000 soft cap.
Crypto Expert
Organization:
Q2 : From Twitter
@aya53855430
What would you consider as the main challenges currently for financial
institutions that are attempting to enter the decentralized finance (DeFi)
space? What would you consider to be the main advantages of DeFi over traditional
finance?
Mr. Tarik:
Traditional financial institutions do not have flexibility,
community and decentralized spirit to adopt the «Defi» economic model.
Beyond that, I think that the business model of traditional
financial players is the opposite of the Defi concept.
Crypto Expert
Organization:
Q3 : From Twitter
@manugotsuka1
According the Roadmap, HUBFinex is having its Presale event! So Can you
please share us the instructions to participate and purshare tokens?
Mr. Tarik:
Today, we are going to deploy the HFX token and the ITO
contract for your community.
Instructions will be available on our website hubfinex.com
in the next few hours.
We will keep you updated today :-)
Crypto Expert
Organization:
Q4 : From Twitter
@ZamoraJoana
The community participation is always a good method to built a strong
user base, so How many Incentives or Rewards do you offer to the HUBFinex's
members?
Mr. Tarik:
HFX holders will receive rewards through our staking program
(POS), liquidity mining, gas fees redistribution, Altcoin index participation.
Crypto Expert
Organization:
Are there any additions to the answer to the fourth
question, sir?
Mr. Tarik:
HFX holders will be able to participate to HUBFinex
governance through our voting system.
through this they will be able to decide and defend their
investment
Each year, 10% of HUBFinex company's FIAT earnings will be
converted into HFX and redistributed to HFX holders.
Crypto Expert
Organization:
Like you are experiencing Telegram delays here, sir?
Recently, Telegram has experienced server downtime due to cleaning
Q5 : From Twitter
@ryuuuubtc12
Maybe, some people will ask you about HUBFinex projects strong points.
However, behind those outstanding factors, are you still wondering or
dissatisfied with anything? Do you have any plans to improve these?
Mr. Tarik:
The HUBFinex project is just getting started, and we are
listening to the HFX community in order to constantly improve our tools and our
business model.
The construction phase is the most important and it will be
done with the community :-)
Crypto Expert
Organization:
Alright guys who have a Twitter account earlier, I hope your
questions have been answered and thank you for adapting to this event, my
friends.
SEGMEN 3 : AMA LIVE
Q.1 From @Afruja99
There are 3 core issues prevalent in crypto and blockchain:
Security, Interoperability, and Scalability. so
How does Your Project plan to overcome these issues?
Mr. Tarik :
To overcome all these constraints, we are going to build our
own blockchain network based on Hyperledger technology, which allows these
conditions to be met.
Q.2 from @Rockstar1122
Which area are you focusing on at the moment? (DeFi, Stake,Dapps..) and
what is your goals in this year ?In how many ways or what are the ways your
project generate revenue? What is the revenue model? How it can be beneficial
for both investors and for project itself?
Mr. Tarik:
We will focus on the current needs of companies by offering
products that combine productivity and cost reduction. (HUBdex-pro product
allow B2B transactions around the world with fast payment and third party
decentralized), also helping company to tokenize part of shares and
crowfunding.
Q.3 from @Hendrasico
Hi mr. @rikta13
what is the presale Hardcap and price of HUBFinex ? How many pre-sale
rounds are you planning to conduct and what is the intial listing price on
Uniswap ?
Mr. Tarik :
Hardcap 50M HFX , $500,000 . only one pre sale round with
same price $0,01 during 3 months. Initial listing price on uniswap will be
$0,01 and liquidity locked $100,000
Q.4 from @kelly0902
Do you think your system is secure enough? How safe is your system in
securing funds and user data?
Mr. Tarik :
We will audit all smart contracts before mainnet (staking
contract, liquidity mining....)
Q.5 from @mulakhai
What is your strongest advantage that you think will make your team
leading the market? In contrast, what is your weakness? How do you plan to
overcome it?
Mr. Tarik :
Strongest advantage is that blockchain market for business
(company adoption) is big and very few
competitors and very promising. weakness
could be the administrative and legal barriers of government, that's why we set
up in Gibraltar (UK) which is an ideal place and with less business constraint
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