We answer questions of the investors community and future users of the SIMDAQ platform. We thank active community members — your help is very valuable!
1. How do you plan to promote the product and attract users under conditions when large social networks and search engines impose restrictions on advertising?
We consider several channels of promotion. The cooperation with the investors and users community of the Waves Platform, where we are residents of the blockchain accelerator, is one of the directions. There are tools popular in the environment of blockchain projects, such as bounty campaigns, airdrop tokens, competitions for a community and lotteries. These tools have their advantages, but it is necessary to approach them carefully. We will explore all possibilities and make a decision closer to the release of the platform this summer. Or probably we’ll try some activity even earlier.
The partnership is an important channel. We are preparing for work on developing relations with a large number of partners whose users would be interested in our service. SIMDAQ will allow starting acquaintance with cryptoassets in a simple and convenient form to users of any level, to beginning traders, to whom the service will be useful as well, and to those who already have experience in this market. We see the intersection of interests with many infrastructure projects in the financial and technological spheres, which can result in mutually beneficial cooperation in various formats.
We position ourselves as a training service for working with digital assets. Traditional methods of attracting users around the world through marketing and online advertising will also be used to promote SIMDAQ. Large players of the Internet market took steps to insure themselves against possible claims of regulators and imposed restrictions. The legal field with respect to crypto-assets and blockchain projects is only being formed and varies in different countries. We see a forward movement in shaping the rules of regulation of the industry and we don’t doubt its prospects.
In 2018, we plan to participate in conferences in different countries.
We also have some interesting ideas related to the specifics of the project, which we will tell about later. We will not show all the cards at once!
2. When will the code be published on Github?
Now, our decision is not to publish the code on Github. SIMDAQ is not a blockchain platform or cryptocurrency, for which open code is important. We work on the Waves Platform, which provides transactions, and we develop our unique product, so it’s inadvisable to publish the open code.
We appreciate the contribution of the Open Source community and in the future, we may be happy to publish individual technical solutions for the benefit of developing a sustainable trading infrastructure.
3. Please, tell us about your plans to enter the stock exchanges.
The project is fully ready for entering Tidex and we wait for the stabilization of the cryptoasset market. We study conditions of access to other sites and compose a preliminary short list.
For us and for holders of our tokens, it is important that entry to new exchanges should be accompanied by an increase in trading volumes and the arrival of new investors. In the period of stagnation of the crypto market, the probability of this is not so great, so the best solution is to choose the right moment for expanding the list of exchanges.
4. When will the news about the progress of the project appear?
At this stage of the project development, we chose a monthly interval for the publication of news about the development progress of the SIMDAQ platform for crypto trading. The next update will be published in our blog in early May. The team works on the code, design and use cases of the platform. We replenished the team with backend and frontend developers and move in the intended direction.
