AMA Recap — CrossFi x Metatalkz
It is a great pleasure to receive a warm invitation from the Metatalkz community, and I would also like to thank the community for their support of the CrossFi project. We had a huge community AMA event on February 20th at 12pm UTC. Here are some details and recaps of the event:
Robin (Metatalkz CMO):
Hello, and Welcome Back Guys to Another AMA session of Meta TalkZ
Welcome @Nati_J, we are glad to have you here in our #43th AMA session.
Thank you very much. I am glad to be here. What an amazing community!
Q1: Before we proceed, please introduce yourself to our community.
I am Jazz, the marketing manager of CrossFi. I have been in the crypto space since 2017, first as a crypto trader before I started contributing to various projects across different niches.
I have provided community and marketing services to successful projects like Bluzelle, Torah Network, OpenOcean Finance, Animal Concerts, Bridge Network, BitsCrunch, Polkabridge, etc.
I am a Web3 native and DeFi enthusiast and I believe in the relevance of blockchain technology to bettering the existing financial system.
Q2: Could you describe CrossFi and give us an introduction to the project?
CrossFi is a decentralized Finance (DeFi) project specializing in multi-chain & cross-chain loans and synthetic assets. It offers interoperability between various blockchains and aims to connect the isolated liquidity of existing public chains.
CrossFi is a cross-chain liquidity-sharing protocol. Liquidity is needed by various network assets to solve the main problem of DeFi platforms.
The CrossFi team is mainly divided into two core tasks, the team focusing on developing the basic cross-chain DeFi agreement, and the docking of third-party network assets.
Q3: Tell us, What are the main features that distinguish you from other projects and what competitive advantages do you have?
The CrossFi team comprises experts from across the globe — from Europe to America to Asia and Africa. The vast experience and skill of the team members have enabled the accelerated and quality growth of CrossFi within a short period.
We have recorded amazing strides in terms of building products and scaling our visibility
Q4: So, How has the experience and background of your team been effective in the success of your project so far?
We have our CEO, Paul Odermatt who has been in the crypto space since 2012 and built several start-ups, and our highly skilled tech and marketing teams working to bring success.
We have gotten grants and partnerships with the Aurora network and top projects within the ecosystem.
Q5: Are you working on any partnerships or marketing initiatives to help build awareness for your platform?
This is a beautiful question.
There are several partnerships in the pipeline to greatly boost the awareness of CrossFi. We are working with some tier-1 projects to execute marketing and community campaigns and to provide fundamental quality products for crypto and DeFi users within the ecosystem.
We want to solve :
• The immaturity of cross-chain technology.
• Insufficient liquidity of assets.
• The problem of incomplete supporting infrastructure.
• The problem of limited investment opportunities: we are building one platform for DeFi investments (staking, liquidity providing, lending, synthetic products, etc.) for different blockchains and projects, like a one-stop shop.
Q6: Nicely answered every question from the introduction segment. Now let’s move to our next segment “Twitter Segment” Here comes our first question :
Nearly 70% of investors focus on token price in the short term instead of finding out the real value of the project. Can you tell us about the incentives and benefits for investors to hold CROSSFI for a long? (https://twitter.com/Mahinhossan5/status/1627514932744044544?s=20)
Beautiful question. The token can only gain value with the help of the community along with a service that is useful and in demand in the blockchain space.
Our vision is to create an ecosystem by offering cross-chain solutions — this is still not well solved today, but will change in the future. We will be at the forefront of this solution.
In addition, NFTs, DEX, etc. are important elements of the ecosystem. The DeFi market is at its novel phase, and we are in a very good starting position here!
Our investors and every user holding the $CRFI tokens will greatly experience these benefits
Q7: Here is our next question. Can you give me a list of 1–3 of the deadly features of $Crossfi that make it stand out from its competitors? What competitive advantage does your platform have that makes you feel the most confidence in yourself? (https://twitter.com/Jahid40213299/status/1627515352325443585?s=20)
CrossFi has DApp (https://dapp.crossfimain.com) with staking and flash loans (Borrow) features. Users can easily support liquidity to the CrossFi ecosystem and generate profits by staking their synthesized Filecoin (cFIL) or CrossFi token (CRFI).
CrossFi provides the following products:
• DApp with DeFi features; Flash Loan and liquidity pool (Staking) for Filecoin and CrossFi.
• The world’s best APY rate by staking Filecoin over a long period!
• Cross-chain liquidity protocol for Filecoin and other public chains.
Multi-Asset Adapter Protocol (MAP) technology is another key component of CrossFi, an infrastructure for cross-chain asset lending and liquidity-sharing networks, allowing users to connect assets on incompatible public chains by utilizing MAP.
This technology also allows NFTs to be collateralized and allows NFT owners to borrow on NFT assets or sell shares in NFT assets to provide partial ownership of these NFTs.
And lastly, CSO events (CrossFi Swap Opportunity) — a swap & burn event, which are very popular in our community, the community can buy cheap, and also CRFI tokens are burned.
Details of the last CSO event here (https://globalcrossfi.medium.com/cso-follow-up-report-7aeb080f1b74)
Q8: It’s easy to make a token but it’s really hard to make this token valuable. So what’s your strategy to make your token more valuable and what’s your plan to maintain token price and supply?https://twitter.com/mawakhan588/status/1627523807551586304?t=9qWTJSxv_o12M04gGcJBfw&s=19
This is a concern for most DeFi users but CrossFi solves this easily. Our deflationary mechanism is top-notch. Yes! We do burn tokens. As I have stated above, we have a CSO event (CrossFi Swap Opportunity) — a swap & burn event, in which the community can buy cheap, and also $CRFI tokens are burned.
This event which takes place every three months is an additional recipe for success and the community loves it! 🤗
Q9: What makes @globalcrossfi unique amongst its contemporaries? What is the security status as regards auditing? What measures will the team take to expand its user base keeping in view Diversity?
@Danee_nk @EstherEssien_ @Piclaire1
We are audited and certified by one of the best blockchain security infrastructures, Beosin Blockchain Security.
You can read about our audit report here — https://docs.crossfimain.com/bahasa-indonesia/crossfi-crfi/audit
Our commitment to making users earn more, protecting users’ investment and providing quality services and products separates us from our contemporaries.
Q10: Here comes our last question for this segment. What future ambitions does Project CrossFi have to grow its user base and boost adoption?@Kelvin_TG @AsiNsikak @Crypto_Perry1
We are at the final stages of our DEX building with a number of partnerships with top projects in the works to build an amazing community.
These products and services will be of immense benefit to DeFi users and blockchain enthusiasts around the globe. Hence, we will record this exponential growth soonest.
Our roadmap has been updated and we are following it up very closely to give users the best (https://twitter.com/globalcrossfi/status/1614910734806261762?t=EJCc4jPD-NAV2WFH15FXRg&s=19)
direct link to the roadmap here: https://docs.crossfimain.com/english/roadmap
Robin (Metatalkz CMO):
Very nicely answered mate. High potential project.
Jazz: Thank you
Robin (Metatalkz CMO): Let’s move to our last segment “Telegram segment”
×͜×.𝐀𝐒𝐇𝐈𝐊 𝐀𝐇𝐌𝐄𝐃 ❤️🔥: Staking, NFT is very hottest, do you think you will apply NFT technology to your products in the achieved future? Staking, NFT is very hot, do you think you will apply NFT technology to your products in the future?
Jazz: NFTs, DEX, etc. are important elements for the ecosystem.
We have a Multi-Asset Adapter Protocol (MAP) technology which is a key component of CrossFi, an infrastructure for cross-chain asset lending and liquidity sharing networks, allowing users to connect assets on incompatible public chains by utilizing MAP. This technology also allows NFTs to be collateralized and allows NFT owners to borrow on NFT assets or sell shares in NFT assets to provide partial ownership of these NFTs.
Since CrossFi’s MAP technology was initially developed to provide liquidity to accumulated assets, it is in perfect condition and position to do the same for NFTs. Each fixed asset contract has a start and expiration date for the original fixed asset, so it must be an NFT so CrossFi can take advantage of the NFT boom
Our DEX will incorporate features to include for NFTs, staking and lending
Kindly join our discord for more exclusives
KUMAR JADAV: Are you a global project or local project? At present, which market are you focusing on, or is it focused on building and growing to gain customers, users and partners?Are you a global project or local project? At present, which market are you focusing on, or is it focused on building and growing to gain customers, users and partners?
Jazz: We have an effective multi-dimensional approach to securing the general interest of DeFi users from marketing to partnerships et al.
We are a GLOBAL PROJECT and it is evident in our strides and records.
We also welcome partners and those who are ready to build for the long term
Rudra Jacob: Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?
Jazz: We are listed on Bittrex, LBank, UNISWAP, PANCAKESWAP, Dodo Finance.
You can purchase our tokens from these exchanges or earn through our various giveaway campaigns🥳
Our CAs are:
BSC CRFI contract address: 0xae20bc46300bab5d85612c6bc6ea87ea0f186035
ETH CRFI contract address: 0x8848812bd31aeee33313c10a840ffc3169078c5b
Crypto Queen🏆: Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space? Do you guys feel satisfied by seeing your progress and achievements till now, when you look back to the day when you started this project?
Jazz: This is a challenge to most projects but we have worked on and we keep working on our UIUX features to provide the best user experience to our community and users of our platforms.
This is evident in the simplicity of our DApp https://dapp.crossfimain.com/
We also take feedback and bug reports seriously with a tech team that is 24/7 ready to handle issues.
Janet Effertz: Is your Project A COMMUNITY only for English speaking in a few countries or for users not of other languages??
Jazz: We have several communities which include Vietnamese, Spanish, Indonesian, etc.
We are still building more communities and looking forward to working with more leaders in these various niches.
Below are links to our various platforms:
Twitter (Japan): https://twitter.com/crossfijp
Robin (Metatalkz CMO): At last you want to say something to Our community
Jazz: What an amazing session I had here😊
Thank you for the warm welcome and support for our community by joining our discord.
We have carried out, and we still have lots of giveaways and you are sure to be a winner.
Thank you once again❤️
Robin (Metatalkz CMO): Thanks for your time mate AMA concluded!
CrossFi is a cross-chain protocol that provides liquidity for Filecoin staking and rewards.
CrossFi Official Website: https://crossfimain.com
CrossFi DApp Address: dapp.crossfimain.com
CrossFi Official Twitter Account: https://twitter.com/globalcrossfi
CrossFi Official Discord Group: https://discord.gg/UKGSX3VBY3
CrossFi Official Global Telegram Group: https://t.me/crossfimain_en