Centralex AMA with Crypto Players India

Centralex
13 min readJun 10, 2021

Hello and welcome everyone,

Today we are hosting AMA session with Centralex,

Centralex is a Hong Kong based international cryptocurrency exchange. With a global vision in mind and an international office footprint spanning two continents, we strive to bring remarkable people together to do extraordinary things.

Tristan Roozendaal ( CEO ), Marin Matakovic ( CSO ) is joining us today.

— —

Let’s welcome Tristan and Marin.

Marin Centralex,

Hello Everyone ! 💪

Happy to be here 😎

Jonty D,

It’s pleasure having you here today.

Yes we are ready!😁

abhisΞk | CryptoPlayers,

Welcome everyone

Tristan 🙉🙈🙊,

Hi everyone :D

dimphx,

Hi everyone

Tristan 🙉🙈🙊,

It is our pleasure to be here :D

Jonty D,

Hope you all are doing great!

abhisΞk | CryptoPlayers,

🙏

Tristan 🙉🙈🙊,

yeah, we are doing great.. very busy as you can imagine

Jonty D,

Yes, I know right!

Without any delay let’s kick start the AMA.

Super excited!!!😁

Tristan 🙉🙈🙊,

so are we :D

Jonty D,

Here we go..

1 — Please tell us about yourself and your team? How is your experience so far?

Tristan 🙉🙈🙊,

Hi everyone! My name is Tristan Roozendaal and I am the CEO of Centralex. I have been working in the I.T sector for approx. 15 years from building network infrastructures to complete datacenters. I joined the crypto world back in early 2017 when I started building my own mining rigs which expanded to a medium size mining farm with over 150 mining rigs in Hong Kong. My goal is to take Centralex to the next level by introducing methods of mass adoption with the ease of use in crypto transactions by using the Centralex Exchange.

dimphx,

Hello everyone! My name is Dmitry Dyachkov.

I’ve been a Software Developer for 18 years with my specialties in backend, security, and high load applications. I’ve been working in the Finance industry for 7 years. I used to work for Gatecoin cryptocurrency exchange based in Hong Kong and now I am the CTO/Head of Development at Centralex. Since I joined this amazing organization, we have established totally new processes and a super team to bring Centralex and the cryptocurrency industry to the next level by implementing revolutionary technology

Marin Centralex,

Hello, my name is Marin and I am part of the founding team and currently serve as the current Chief Strategic officer at Centralex. I am a well-experienced entrepreneur on multiple executive levels with a demonstrated history of working in the IT, e-commerce, and entertainment industries. I have been involved in the crypto space since the Ethereum genesis block in mid-2015 and continue to pursue this passion

Tristan 🙉🙈🙊,

our team consists out of very well talented developers and advisors from all around the world :)

Jonty D,

Wow! A well experienced team!!

2 — What Centralex project is about? Give a detailed introduction.

Tristan 🙉🙈🙊,

Centralex is founded in 2018 by the 3 core founders Marin Matakovic, Zhao Yong and myself. We met each other in the crypto mining community and this project has since then attracted very talented developers all over the world. The company has since then grown an incredible team to back our vision.

The Company name was meant to inspire the idea of a central platform from which traders can meet and do all functions they might need, essentially a 1-stop shop bringing crypto to the mass and banking the unbanked.

Jonty D,

Here is the next question!

3 — What are the unique features does Centralex provide and what are the advantage of Centralex?

Marin Centralex,

Centralex offers a Super-Fast and Secure trade engine ( 500000+ transactions per second), all of the platform is highly Secured and encrypted wallet infrastructure that has assets partially insured. In order to make the exchange even more interesting, we have affordable trading fees and access to special offerings through the CenX Launchpad.

Centralex will implement many DeFi products as our Centralex solutions called Custo-Defi, merging crypto and traditional banking in one platform which makes us a one stop shop and allows us to give banking accounts to the people who don’t have access to banks… Banking the unbanked

Jonty D,

Very different banking the unbanked.

You said about custo — DeFi. I want to know more on it

4 — What is Custo-DeFi and why it’s needed?

Tristan 🙉🙈🙊,

We love to talk about our Custo-Defi Solutions

Custo-Defi, this is going to be one of our most defining products, with this product we will create the bridge on which the users will have access to all-in-one functions. The name says it already, Custodial DeFi.

How does this work? You have Centralized exchanges who are a custodial service where you store all your assets and private keys. If you want to stake, governance or join any other DeFi solution you need to transfer your funds to a DeFi (Web3) wallet. When we talk about a DEX we know that you are 100% in control over your own wallets and funds and can-do P2P transactions.

We are Centralex put both CEX and DEX into one platform called Custo-DeFi. This allows you as a user to use the full custodial safety from a CEX but have the freedom of a DEX. This allows you to stake, governance, and participate in any other DeFi soliution on the market including trading on UniSwap or any other decentralized exchange. This all thanks to our partner Fireblocks who is providing us Centralex the best wallet technology in the industry with their Multi sig MPC wallet technology.

It is really a one of a kind custodial DeFi solution. With our technology you can trade on a DEX with the comfort and security of a cex! And keep in mind that we DON’t store your private keys on any of our servers.

Jonty D,

Amazing!!

5 — It read in your website about Cold wallet and MPC.. can you elaborate?

dimphx,

One of the partner companies we work with is Fireblocks, they offer unique security for wallet infrastructure, this includes MPC (Multi party computation) this is a mechanism that ensure transaction are signed and approved by all relevant parties before being issued to the blockchain, ensuring there are no mistakes and funds cannot be stolen. With this infrastructure we don’t have to keep the private key anywhere in our servers thus removing any additional surface attacks.

Jonty D,

Top notch security!

6 — What are your future plans? Any upcoming partnership?

Marin Centralex,

On our Roadmap you will see many interesting milestones, our staking and governance portal are high up on the priority list as these 2 functions really unlock the CenX tokens full potential for investors and will open the doors to many more project and collaborations. We have strong partnerships with companies such as Simplex, Chainalysis to name a few and to continue this momentum we will be announcing our banking partner Royalpay in a few weeks and the Integrations this will offer our users down the road. This coupled with our EU Crypto license and our high-tech onboarding terminals being deployed in Africa late 2021, we truly have a winning formula, and invite you all to be part of it through our presale happening as we speak. 🌘

Jonty D,

That’s great!!!!

Sure to the MOON!!!!😁

Thanks for the great answers!!

Marin Centralex,

🍻

Jonty D,

Now we are heading towards community round!

Group will be unmuted for 2mins.

abhisΞk | CryptoPlayers,

group is muted

Now you can answer as many questions you would like to😁

Deleted Account,

Staking is a great way to hold investors and rewards user. Does your project support staking?

Marin Centralex,

The CenX token offer staking functions, the details of which you can find in our whitepaper. The staking feature essentially rewards users directly with fees earned on the platform.

xxx gimme xxx gimme xxx,

If anybody think that #Centralexhk project really likes a scam project, and they can’t trust your project. How do you make them believe in your project?

@TRCENTRALEX @Centralex_Africa @phnxbr

Tristan 🙉🙈🙊,

ok ok ok.. I’ve read your msg multiple times hahahaha… Centralex is a real project with real backing. We have multiple companies in different continents (EU, HK, BVI, SA) Centralex is also a fully licensed company which means that we are fully regulated. All our licensing information can be asked in our Telegram group and we are more than happy to provide you the relevant information.

Guamara Sara,

📌Do your team have a professional background and sufficient experience in different fields? As the project develops, will new members from different sectors be added to your Team?

dimphx,

Sure, we have that background and skills.

We add to our team while it fit our roadmap and projects

BATMAN 🔥🔥,

Token burn” is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does your great project have a plan about token burn?

Tristan 🙉🙈🙊,

Great question, token burns are important to create scarcity, scarcity means less tokens which results in a higher token price. Our token burn schedule is as followed, 1st year 5% — 2nd year 2.5% and will be halved every following year :)

AK 47R,

About the tokenomics? Could you give us an overview of the tokenomics? Is the token designed to rise and fall with the success of the platform? And does it include any scarcity paths such as stake, store, or burn?

Marin Centralex,

https://centralex.medium.com/lattente-en-valait-la-peine-the-wait-was-worth-the-while-1416baccb396

ToshiNakaFOMO -CM -Ambassador,

What’s your burn program or buy back to create price and demand stability? How will Centralex expand and take market share from other’s in Defi space?

Marin Centralex,

https://centralex.medium.com/the-countdown-is-on-to-centralex-pre-sale-and-uniswap-hosted-ilo-972e23afb523

Helen Keller,

Token burning is beneficial to any project because it can control the number of tokens in circulation and provide investors with greater incentives. Does your great project have a plan for token burning?

dimphx,

Short answer: yes, we have that plan.

vks,

What is your top priorities in 2021? Could you share some plans for the upcoming year? And what is the competitive advantage of your project?

dimphx,

Our top priority is building ecosystem of products to help to mass adoption of crypto market.

vks,

What is your top priorities in 2021? Could you share some plans for the upcoming year? And what is the competitive advantage of your project?

dimphx,

Our top priority is building ecosystem of products to help to mass adoption of crypto market.

Lee Chen,

Revenue is a very important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model? thank

Tristan 🙉🙈🙊,

Every business needs to make profit. Without profit it would be difficult to pay salaries and other costs we are having as a company. Centralex will offer a 1 month free trading to everyone once our platform goes live on the 15th. Centralex will earn revenue on the trading fees, listing fees, launchpad (incubator programs) and much more

bang lang,

What is PROJECT’s revenue model? In which ways do you generate revenue/profit?

Marin Centralex,

We are an exchange and generate profits by charging for trading fees.

ANT MAN,

“STAKING” is one of the STRATEGIES to ATTRACT USERS and HOLD USERS

Does your GREAT PLATFORM have plan about Staking?

dimphx,

Next 1–2 months it will go live. Follow us and be ready to stake.

Andra Man,

Do you have room for experienced developer? I mean do you have plan to launch Hackethon program to check the security of your project gradually?

Marin Centralex,

No hackathons planned now, but there are bounty programs that will be announced soon.

J Dolly,

Blockchain in its core is a distributed ledger. But everything need to be audited by a third party is important to ensure faurther security. Have you done an audit or planning for?

dimphx,

This is the essence of blockchain in a whole.

We have secure custodial Fireblocks service to keep wallets safe.

Our smart contract passed the audit by hacken.io.

Singma,

1. Token price

2. Products

3. Partnership

From the 3 aspects which one is your main priority and why?

Marin Centralex,

Products and partnerships come first, if those foundations are solid, the Token price will climb 🤓

Cude Nh Mange,

Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Tristan 🙉🙈🙊,

Good question… And I need to add something to your question.. (MEME coins) We see a tremendous amount of projects launching without having their security up to standard, for example smart contract audits. We see many of these shit project launching without security or even thought about locking their liquidity or team tokens. We at Centralex WILL lock ALL our team tokens and will lock ALL our liquidity at TrustSwap who will make sure that we at Centralex never dump our tokens on the market and most important wont do any rugpulls..

Juker,

a lot of scam projects out there, guess what guarantees that your project is different from them?

Tristan 🙉🙈🙊,

We are a licensed European company with a real office in Hong Kong. (please check)

https://ariregister.rik.ee/ettevotja

registration number: 14559308

xxx gimme xxx gimme xxx,

What major partnerships does CentraleX intend to use or how does CentraleX bring its products to the average consumer — especially non-crypto users?

@TRCENTRALEX @Centralex_Africa @phnxbr

Marin Centralex,

Our high-tech onboarding terminals will be one of the major channels allowing people who do not have internet or access to the crypto space to participate from remote locations.

xxx gimme xxx gimme xxx,

Are you a community based project? How can I work for the success of your project? Do you have a Global Ambassador Program or a Referral Rewards System?

@TRCENTRALEX @Centralex_Africa @phnxbr

Marin Centralex,

Join our community and get involved, email your CV to hello@centralex.com for applications to the ambassador program ( Subject : Ambassador application )

Bernadette Steffen,

Do the token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

dimphx,

Token holders aka stakers have the opportunity to vote and suggest solutions.

While the governance is still underway, the smart contract is already done and audited by hacken.io.

Don Killar👻,

Some DeFi projects were recently “hacked” as per their explanations. How do you think these recent events on other DeFi products affects the trust by users? What can Your Project do in order to ensure crypto enthusiasts that DeFi is safe and reliable?

Marin Centralex,

We Audit all smart contracts with professional and trusted companies, these audit reports are publicly available. If you are investing into a project without an audit, you are at serious risk, be smart.

Abdul Ivory,

Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.

Tristan 🙉🙈🙊,

Sure, let me share some of the developers who are working for Centralex. We have our lead developer Dmitry who is an expert in backend and cyber security, he also used to work for an Hong Kong exchange Gatecoin and fore multiple international banks at team leader. We have our other senior developer Luke Watson who is a expert in Layer2 solutions and other DeFi products. All our frontend developers used to work for the Ankr project and have lots of confident in developing Centralex and bring crypto to the mass. Our team also consist our of Financial experts who are holding their Doctor in Business Administration who will make sure all our financials are correct and business structures are setup correctly. We are a real company and most important we are a transparent company.

Willard Cornwell,

Why should I invest in your token; do you guarantee I’ll be profitable?

dimphx,

Our aim according to our whitepaper is a set of products and projects under the umbrella of L2 layer utility ecosystem to make adoption of crypto market at masses and make use of it not only for profit but to become the next generation bank based on crypto. Investing in the project will make you an early adopter and make profit in future.

Don Killar👻,

How do you plan to spread awareness about your project in different countries/regions where English is not spoken well?

Tristan 🙉🙈🙊,

We are contracting experienced translators who will support the community by giving the best translations possible. Communication for the community is key to success

R.A.K,

There is no project that can ever guarantee the 100% Safety & security of their platform.right?,So what is your plan to do that?

dimphx, [

As you mentioned, even banks with millions of dollars budget spent on security infrastructure cannot guarantee 100% security safety.

We use Fireblocks service and secure infrastructure on-premises which use many top world companies.

Alva Farrell,

Currently most investors only care about profits now but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term?

dimphx,

This is a long-term project, and our goal is to evolve a set of products and business model besides mere exchange which is just a start. You’re welcome to look at our roadmap.

Guamara Sara,

How many wallets that can support your platform until now?also do you have any plan to build own wallet?

Tristan 🙉🙈🙊,

We support over 300 + wallets and 14+ blockchains at this moment.

We would like to thank everyone for taking your time by listening to our project.

If you want to learn more about our project and want to join our community, please join us in our Telegram group. https://t.me/centralexhk

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Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

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Centralex

Centralex is a Hong Kong based international cryptocurrency exchange. With a global vision in mind and an international office footprint spanning two continents