COINEX SMART CHAIN AMA RECAP

Mr Rabadha:
👋 Hello angels
@SabinaBegam

👼 welcome to The crypto lion a special Ama Section with #CoinExChain

Sabina:
Hello, Thank you for having me. I am excited to be here!

Mr Rabadha:
So, without making a delay...Let's start our AMA with basic Introduction Segment

Let's get started with introduction Questions

Please type " Done " when you finish answering

Are Your ready

Sabina:
Okay,got it

Mr Rabadha:
Q1:Could you please tell us a bit about yourself and a brief intro about the project "coinEx smart chain"?

Sabina:
Sure,My name is Sabina and I'm a community sermon of CSC.

Let's go About Project CSC

Coinex Smart chain
CSC is a smart contract chain created by the CoinEx public chain team for decentralized finance based on the principle of decentralization and permissionless block generation.

*The CoinEx team poured their heart and soul into the creation of CSC, which is a high-performing Ethereum side-chain dedicated to open finance.

*This means while CSC far outperforms Ethereum, it is also seamlessly compatible with Ethereum. You can learn more on coinex.org

Done

Mr Rabadha:
Q2: what is the competative advantages of CSC?

Sabina:
CSC has following advantages

1. Full support for EVM.

2. High performance. On CSC, blocks are generated within seconds, and the transfer fee is less than 0.01USDT.

3. Ecosystem support: The $10 million funds support led by the CSC Foundation is able to provide financing services, listing support and media promotion for the project.

Done✔️

Mr Rabadha:
Q3.Can you share which is the native token of csc & Do you have any token burn plan?

Sabina:
The native token of CSC is CET, which is also the platform token of CoinEx Exchange.
Since release, CET has been issued and circulated via airdrop incentives, transaction fee discounts, promotions, and team unlocking, etc.
*The total amount of CET is 10 Billion. Meanwhile, according to the applications of CET, CET is repurchased and burned from 50% of the CoinEx everyday transaction fee, so the current circulation of CSC is about 3.5 billion.
*The burn will take place at the end of every month until the total supply of CET reduces to 3 billion.
*The detailed circulating supply, repurchase, and burning can be checked here: https://www.coinex.com/token
As for the application of CET, it currently has the following usages:
*Native token for CoinEx Smart Chain
As a built-in token for CoinEx Smart Chain to circulate and act as gas, CET is based on the POS consensus protocol, decentralized and energy-efficient, making it easy to build your own decentralized applications. Meanwhile, with the development of the CSC ecosystem.
*CET will be used as gas for all Dapps on CSC, making CET more valuable.
1. Deducted as trading fees of CoinEx Exchange
CET can be deducted directly as trading fees with the same market value at the dedicated discounts.
2. VIP services and privileges of CoinEx Exchange
Users with a certain amount of CET holding can obtain VIP membership and enjoy privileges such as fees discount, withdrawal acceleration, exclusive customer service, etc.
3.Exclusive promotional privileges of CoinEx Exchange
CET holders are entitled to special qualifications for promotional campaigns on CoinEx such as airdrop incentives, Accelerator support for quality projects etc.
Everyone buy and hold CET easily from here: https://www.coinex.com

Done✔️

Mr Rabadha:
Gret Answing🥰

Sabina:
Okay

Mr Rabadha:
Q4.What is the role of token in your ecosystem? Could you tell us a bit about the tokenomics of your project?

Sabina:
CSC is open ecosystem for all blockchain participants. so everyone to develop projects on CSC. we conducted a Hackathon to attract new Dapps to our ecosystem and
there by encourage projects to join the Coinex Smart chain with a scheduled benefit.These pioneers developed CSC-powered projects, including DEX, NFT, IDO, GameFi, etc. After fierce competition, three winners stood out:

1st place winner: CryptoBank Africa

2nd place winner: Digital Verse

3rd place winner: SilverSwap

Coinex has behind an entire exchange and several products that generate support and trust from Coinex Smart chain to developers.
It is also worth mentioning that Coinex Smart chain is currently one of the most economical networks on the market and this is a plus that attracts many users.
if they want apply for funds support, they can apply here.👇
https://www.coinex.org/million_dollar_plan

Done✔️

Mr Rabadha:
Last questions from Introduction Segment 1

Are Your ready

Sabina:
Yes sure 😊

Mr Rabadha:
Q5:What is the role of NFT in "CoinEx Smart chain"?

Sabina:
CoinEx Smart Chain (CSC), the mainnet of which was just launched last year, now boasts many NFT projects. Now we have following projects, let us go through the three most outstanding NFT projects on CSC.

1.Mini utopia
2.CoinExGem
3.Omegaclub

As NFT becomes enormously popular in such fields as art and games, CSC has also started to focus on NFT projects and introduced special funds to support them.

Open to all NFT projects, CSC has put forward many innovative and interesting ideas to make itself more valuable. Right now, CSC-powered NFT projects cover segments like voting-priced NFTs, lottery, and games. As its ecosystem expands, more developers will join CSC and build their NFT projects on this amazing public chain.

Done

Mr Rabadha:
thanks your Answing🥰❣️

Sabina:
Welcome

Q1:
Staking program is very important for
any project, Can i stake your token? Do you have any plan of starting staking program?
Thank,s sir..

Answer

Yeah offcourse, we have Currently there are few projects such as IFPool and Water Loan that allow users to stake their CET to earn additional rewards. We are working on bringing more Dex, Swap and other kinds of projects to our users. We expect that in the near future, CET holders will benefit more from holding CET.
Click to check IFpool: https://ifpool.io/
And Waterlaon: https://waterloan.finance/

Done✔️

Q2:

Sir pls ansure me?????
1. Telegram Group✔️
2. YouTube channel ✔️
3. Medium✔️
4. Website✔️
5. Twitter✔️
6. Discord✔️
You can share with us the link for your project in all these projects???

Answer:

📌Our official social media links
Telegram: https://t.me/CoinExChain
Discord : https://discord.gg/5uBG
Website: https://www.coinex.org
Twitter: https://twitter.com/CoinEx_CSC

Done✔️

Q3:

How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Answer

currently CSC offers Chinese and English services, but we definitely have the ability to offer more native languages as CoinEx Exchange currently offers 15 languages. In our telegram group, we also have pioneers who serves with native languages. If neccessary, we will defenitely provide more languages. In speaking of CSC pioneer program, CSC is open to inviting more native users to join us to help CSC grow community and raise brand awareness as well as bring more projects to CSC.

Done ✔️

Q4:

How many Team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto Project??

Answer

CSC is produced by the CoinEx Team. I will briefly introduce their experience in blockchain technology.
The founder of CSC is Haipo Yang. As a young entrepreneur born in the 1990s, in addition to CSC, Haipo Yang is also the founder of Viabtc.com (one of the top five BTC mining pools) and CoinEx Exchange (a global leader in crypto exchanges).
ViaBTC is a well-established mining pool whose BTC hash powering ranks top five among all pools. The pool now supports over a dozen tokens, covering BTC, ETH, ETC, LTC, BCH, and ZEC. CoinEx is a licensed crypto exchange with a global presence.
The tech team has composed 50% of CSC team, and they have gathered professional blockchain developing experiences for years. Meanwhile the operation team of CSC is also experienced in cyptocurrency. They are from well known projects such as WAVES and many others.

Done✔️

Q5
I am an EXPERIENCED DEVELOPER , does you have plans for HACKATHON so as to check the security of your ecosytem periodically and also invite developers to build?

Answer
CSC is open ecosystem for all blockchain participants.so everyone to develop projects on CSC. we conducted a Hackathon to attract new Dapps to our ecosystem and
there by encourage projects to join the Coinex Smart chain with a scheduled benefit.These pioneers developed CSC-powered projects, including DEX, NFT, IDO, GameFi, etc. After fierce competition, three winners stood out:

1st place winner: CryptoBank Africa

2nd place winner: Digital Verse

3rd place winner: SilverSwap

Coinex has behind an entire exchange and several products that generate support and trust from Coinex Smart chain to developers.
It is also worth mentioning that Coinex Smart chain is currently one of the most economical networks on the market and this is a plus that attracts many users.
if they want apply for funds support, they can apply here.👇
https://www.coinex.org/million_dollar_plan

Mr Rabadha:
Thankyou For Answering❣️❣️

Sabina
Have a nice day,Bye guys

𝗔𝗠𝗔 𝗰𝗼𝗻𝗰𝗹𝘂𝗱𝗲𝗱🤝

Iam a Trader, youtuber and Coinex Ambassador

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