Hello folks!
Don’t worry! If you missed the opportunity to be a part of the AMA. Here is a quick recap for you!
Host (ZeroSwap)
Sunny Rhode (Head of Marketing)
Guests (ChilliSwap)
Mr. Chilly (CEO)
AMA details
📍 Venue: https://t.me/zeroswap
🏆 Rewards: $100 worth ZEE amongst 5 lucky winners
🗓 Date: 26th Oct’21
⏰ Time: 4:00 PM UTC | 9:30 PM IST
AMA format
The AMA (Ask Me Anything) comprised of 2 rounds.
1st Round — ZeroSwap asked questions to the Chilliswap team
2nd Round — We opened the chat for the community after round 1 ended. The community members asked questions to the Chilliswap team. The team chose 5 questions and answered them.
Here we go with a quick recap for you!
Host (Sunny)
Hello everyone, 👋
This is Sunny Rhode (Head of Marketing — ZeroSwap & Defi Wizard)
I welcome you all to this AMA session with the Chilliswap team.
Let’s get started!
On behalf of the entire ZeroSwap community and team, I would like to welcome @spicy_chilliswap from the ChilliSwap team.
Guest (Mr. Chilly)
Hello everyone and thank you @Sunnyrhode and Zeroswap team for having me over today! Really honored to be in the midst of an amazing community! Let’s spice it up :)
Host (Sunny)
We are really happy to have you with us for this AMA session.
Let’s kick-start the AMA now.
Let’s start with a quick introduction about yourself to the community.
Guest (Mr. Chilly)
Absolutely!
ChilliSwap is a DEX and ecosystem that allows users to trade tokens, yield farms, and stakes, and is also an NFT digital marketplace for Fine Art with NFT gaming. ChilliSwap Platform has a high level of user-friendliness, attracting a large number of users outside the community.
DeFi is a platform that facilitates the exchange of cryptocurrencies in a safe and secure way. Our platform allows users to verify the legitimacy of the tokens owing to the AI analytical tool available on our platform.
ChilliSwap guarantees lightning-fast response, low latency tickers, no lag in order execution, and zero redundancy. It reduces slippage and impact costs associated with large trading orders.
I am proud to be a part of a young team. I am the CEO and currently handling the operations for ChilliSwap!
Host (Sunny)
Thanks for sharing with us!
Let’s deep dive into the project.
Can you tell us how is ChilliSwap different from its competitors?
Guest (Mr. Chilly)
For sure!
Long gone are the days where artists, musicians, and other talents are not appreciated & recognized for their work. Creators can directly interact with their audience without any middlemen or corporations. They can freely share their work, grow an audience of fans and potentially start monetizing and profiting from it.
This is where a platform like ChilliSwap comes into play! It is the ultimate NFT platform for the modern art collector and is a curation of some of the most exquisite digital fine art in the world. The platform serves as a medium for artists to sell their unique work as digital tokens for profit. As a part of its keen focus on building a prosperous digital creator economy, ChilliSwap is introducing “CHLI: Early Access Rewards Program”, a program that not only empowers artists of any background to create their own NFTs but serves as an initiative that ensures guaranteed benefits to each and every registered user of the platform.
ChilliSwap team is young yet has an experienced team who have worked around the DeFi space. We have our team spread across the globe!
Host (Sunny)
That’s impressive!
Working around the globe is a positive aspect that the projects should be equipped with.
Let’s take the next questions quickly!
Can you throw some light on how ChilliSwap is incentivizing its users during the journey? I am really curious to know about what is in it for the users
Guest (Mr. Chilly)
Absolutely! Our main aim is to give our community a platform that is too hot to handle.
Working with international NFT artists who have NFTs on other platforms and reputations when it comes to NFTs.
CHLI rewards program will be added to the existing buy & sell platform i.e the ChilliSwap NFT marketplace. This is program’s goal is to incentivize new users to join and populate the Dex, thereby building upon and growing the $CHLI community. The program’s fringe benefits will ensure users are rewarded with $CHLI tokens as they actively participate in trades on the Dex.
Attracting a wider range of younger markets by providing $CHLI E- Games — ChilliSwap is creating its very own NFT game in a play-to-earn style model. Here, users can win $CHLI tokens by playing the NFT game. The NFT game will be an easy and simplified method for people without a crypto background to participate and win tokens (trade). Keep an eye on our progress with the game. We will be releasing our first teaser soon.
Host (Sunny)
I think this is really going to be a helpful move towards the much-needed spectrum of opportunities out there for the talented artists and of course the users.
Let’s move to the last question and then we can go ahead with the community around.
Can you please highlight more on the security aspects of your project?
Guest (Mr. Chilly)
Security is taken very seriously at ChilliSwap.
Real-time new token analysis feature allows the users to be on top of the new tokens listed on the ChilliSwap with everything that is required in one place. This is particularly attractive to novice traders who often jump the gun in terms of investing too quickly or not doing the thorough research required. So, to prevent any fraud and completely secure investments, ChilliSwap carries out real-time fraud detection and analysis.
We do have enough technology for security. It is audited by Certik.io The audit report is available HERE.
Host (Sunny)
Alright! Makes sense.
Thanks for sharing the audit report with us.
It is really important to make users feel secure and I think projects have started taking this seriously as the DeFi space is eventually growing.
Guest (Mr. Chilly)
I am pleased with the progress we are making. And definitely, we are to make a strong platform for the community rather than just another DEX!
Host (Sunny)
Indeed.
Thanks for sharing the insights with our community.
Let’s proceed with the community round.
Guest (Mr. Chilly)
Let’s spice up 🌶
Community Round
Mr. Chilly will choose 5 questions to answer. I am unmuting the group…
Q1. Keling B(@kelingB): Are you planning to expand ChilliSwap to other chains in the future?
Answer — Guest (Mr. Chilly)
We are planning for a multi-chain. It will be available in Ethereum and Matic Chain in the near future!
Q2. Mcclintock (@mcclintocka): Can you briefly describe your PARTNERSHIP so far and upcoming partnerships?
Answer — Guest (Mr. Chilly)
We have big plans and a proper strategy in place for this.
Our long-term is very simple. We are not providing just a single feature. We have our own NFT platform on which 2 months back we sold a NFT of a renowned Saudi Arabian artist for 260 ETH. We have adapted even further by working on a reward structure for the community and we will launch our E-games soon! The real value of an entire ecosystem with exciting features is massive!
We are already in talks with multiple exchanges for listing and partnership
Q3. Bejing 2008 (@bejingms): What is the role of token in the ecosystem? Where can people currently buy it? what would be used??
Answer — Guest (Mr. Chilly)
Thanks for the lovely question!
People can buy Chilli tokens via IDO with ZeroSwap. We have a long-term utility planned on ChilliSwap
We have utility planned around and across all the platforms available in the ecosystem. Do have a look at our website for more information
Q4. Miss. Duran (@naduran2): Do you have any NFT plans and their integration ahead in the roadmap? Also, do you have any passive income options and incentivization rewards for a long-term holder?
Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Answer — Guest (Mr. Chilly)
Sure. Our NFT platform is a fine-art marketplace and we will be introducing a one-of-a-kind NFT gaming along with exciting rewards.
The NFT gaming is purely focussed not only on old-timers, but it is being designed in such a way that we promote NFT gaming to the entire globe along with keeping the essence of incentives.
User acquisition and engagement are two of the major technical issues facing existing DEXs. This challenge is addressed by ChilliSwap’s multifaceted ecosystem. Here are some highlights.
Swaps: Swaps allow you to trade your cryptos.
Pools: Liquidity providers earn upto 0.3% fee on all trades proportional to their share of the pool.
NFT: ChilliSwap has integrated an NFT marketplace on its platform
Analytic tool: We have an AI-based audit tool for fraud detection that highlights liquidity pools that might be fraudulent.
NFT Game: We will soon be releasing our very own NFT game for the community. The NFT game will help boost the existing NFT platform and create substantial value and weight for the Chilli brand. It aims to aid in the circular ecosystem that revolves around the $CHLI tokens.
Our primary goal is to make ChilliSwap a premium marketplace for top creators and collectors of Fine Art to acquire highly valuable digital art. And another strategy is to develop a state-of-the-art NFT game and reward structure for the utility of the token.
Q5. A Lavender (@valavender): Is your platform a global or is there any restriction to certain regions?
Answer — Guest (Mr. Chilly)
It is DeFi platform and by default we are making a revolutionary global product for the community.
Host (Sunny)
Well, thats too much information on the table for our community.
Thanks for sharing it all with us!
I would suggest the community members to checkout chilliswap social media handles to stay updated for the upcoming updates!
Thank you everyone for being a part of this wonderful session with the ChilliSwap team.
And @Spicy_ChilliSwap , On behalf of the entire ZeroSwap fraternity, I wish you all the best for your IDO and the journey ahead!
We will extend our full support to our partners for a smooth journey ahead!
Good luck! Have a nice day!
Guest (Mr. Chilly)
Thank you so very much ZeroSwap team.
It was mine and my team’s absolute honour to be part of this community and the AMA.
Very insightful questions and we are working towards developing something fiery, hot and spicy platform for all!
Host (Sunny)
The pleasure is all mine!
Winners for the AMA can connect with our community manager @viktorzee to claim the rewards
Thanks again @Spicy_ChilliSwap
I would suggest everyone follow the social media links of ChilliSwap. Get connected and stay updated with the latest developments and news.
Alright, We are concluding this AMA session now.
Thank you, everyone!
Sunny Rhode (Head of Marketing — ZeroSwap & Defi Wizard)
About ZeroSwap and ZeeDO
ZeroSwap is a multi-chain compatible decentralized exchange aggregator focused on making zero-fee transactions possible. We aim to make on-chain trading simple and easy by providing access to Ethereum, Binance Smart Chain, and DEXes access under one roof.
One of the core utilities of ZEE is to reduce friction in fundraising using digital assets. To solve that, we have built a DEX Offering Platform Called — ZeeDO.
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