KAELIN | TGH | MSH,
Great to have the team here 😎
Marin Centralex,
Awesome, nice to be here!
Lets do this!
KAELIN | TGH | MSH,
To start of this AMA lets give the audience a brief description of what CENTRALEX is ?
Tristan,
Hi guys first of all thanks for having us here :)
Tristan,
Centralex is a new cryptocurrency exchange where we are going to merge a CEX with a DEX Custo-Defi style
Marin Centralex,
Centralex was founded in late 2018 by 3 core members, the project was the brainchild born from frustrations of having to deal with some of the exchanges that were on that market at that stage. We found a lack of customer service and user engagement to be on the top of the issues, so we decided to build a platform that would allow traders to come together and engage with each other while having access to all the latest tools and trends. The 1st on our list if products to be launched is the spot exchange.
Marin Centralex,
Since 2018 the team has grown exponentially and now comprises of 20+ members across 10 countries and 3 continents.
KAELIN | TGH | MSH,
Really Great Info 😎
What makes your Exchange/Launchpad stand out from the rest?
Tristan,
Centralex will start with a normal spot exchange and later in Q2 we will be adding Staking and Governance functions to our platform. Since we are presenting our self as a hybrid exchange and thanks to our partner Fireblocks we are able to offer semi custodial Web3 wallets and with our solution, we are calling it Custo-DeFi
Our platform is developed in such a way that a client who has a Centralex exchange account is able to trade on a centralized trading platform but at the same time has the flexibility to use DeFi product if it’s staking, Yield farming, NFTs, or trading on UniSWap or Pancake swap all from a semi custodial environment.
This is Centralex in a nutshell but there is so much more to it
KAELIN | TGH | MSH,
Great Answer
Let's go into the Tokenomics of the native $CENX Token and what are some of its use cases? As well as how someone would obtain the $CENX Token?
Tristan,
Can I share our tokenomics image?
KAELIN | TGH | MSH,
Sure
Tristan,
Just to keep it simple I just shared this image.
Marin Centralex,
The CenX token is our native utility token, it unlocks powerful features when used on our platform, some of these features are discounted trading fees, access to VIP launchpad events, referral rewards tiers. Staking and governance are the other features that make this token stand out.
Tristan,
Total supply: 500,000,000 Private Sale: 171,875,000 Public Sale: 103,125,000 Centralex Team: 125,000,000 Marketing, Integration & Partnerships: 47,500,000 Bounty Program: 25,000,000 Advisor & Consultants: 27,500,000
KAELIN | TGH | MSH,
Great Well Detailed Answer
Tristan,
Some extra information about our smart contract to share with the community that all our smart contracts are audited by Hacken. Please see the Hacken report.
Tristan,
We believe that having an audit done by a well-known firm increases the security of potential hacks etc.
Tristan,
For the people who want to buy our token that can be done directly on our website, www.centralex.com and time is running out because our pre-sale will end tomorrow! We also think this is important to mention that we will lock all our team tokens and our liquidity tokens under the TrustSwap team and liquidity lock system.
We are here to stay and will never do any rulpulls or dumping our team tokens back into the market
KAELIN | TGH | MSH,
What marketing strategies have the team decided to use to spread awareness and promote growth and use of the project?
Marin Centralex,
We have been conducting AMA’s back to back, with this being our 10th this in combination with Twitter and other social media, has formed part of our initial outreach to communities and has allowed engaging with many people on many different levels. Moving forward we will be doubling our efforts and since the platform and spot exchange will officially be open it will allow us to broaden the types of campaigns and attract a larger audience.
KAELIN | TGH | MSH,
Wow
10 AMAs Is Some Serious Marketing
Marin Centralex,
Our fingers are broken — in a good way!😂
Tristan,
We also have been publishing great Centralex related articles on our Medium page and starting from next month we will be seen on CoinTelegraph :)
And many more good things to come
KAELIN | TGH | MSH,
Really Great Marketing Strategies
Does the team have a roadmap in place? and if so, how has it been kept up with so far?
Tristan,
Our roadmap is massive with so many good things to come :) First of all, we have completed our spot exchange and launchpad... Let me share an image of our roadmap and give some sneak peeks of with we will build
Tristan,
This roadmap is our journey to our Custo-DeFi solution which makes us as a newcomer special with the merge of CEX and a DEX Centralex style...
KAELIN | TGH | MSH,
Our Last Question Is Selected By Your Team From Twitter
What is Custo-DeFi that I noticed on your roadmap? Why do we need it?
I’m Sure The Community Has Some Great Question’s 😉
Plus You Have To Choose And Answer 10 Of Them 😂
Tristan,
ok :)
KAELIN | TGH | MSH,
Just in Incase, You Missed It 😁
Tristan,
As I mentioned earlier, Custo-DeFi is a new concept created by our team. 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 or decentralized exchange we all know that you need to connect your Web3 wallet to their platform and this allows you to start trading or swapping but also staking, governance, and all the sweet things of DeFi... And important to note that you are in control over your own funds without the need of someone or exchange in custody over your private keys.
We all know that a CEX or Centralized exchange is holding your private keys and that you don't have to worry about losing your private keys because the Centralized exchange is holding these keys for you somewhere on their secured servers… But still, lots of funds got stolen from Centralized exchanges and people got rekt because of this...
On a CEX you cannot join the beautiful product from DeFi because you are not connected to a Web3 wallet etc.
Centralex has partnered with the unicorn of all unicorns called Fireblocks who is the custodial wallet provider for Centralex. But what does this mean for you as a client... Well, it means a lot...
Fireblocks is a SOC ii secured platform with their MPC Multi-Sig wallet technology and provides insurance over the assets just in case shit hits the fan...
Thanks for the combination of Centralex vs Fireblocks we can offer a Custo-DeFi solution that allows you as a user to have the safety of your funds, no need to worry to lose your private keys, and still have the flexibility of joining DeFi protocols under a custodial environment.
For Now,
What are the trading speeds and transaction fees of Centralex Exchange? Currently, does Centralex Exchange have any program to help users reduce transaction fees?
Marin Centralex,
The exchange will have the ability to transact any trading pair at a speed of 500,000 TXs/Second. The CenX token is the token that will allow discounts of up to 35% on trading fees, it can also be used to stake and makes you eligible to receive the airdrop rewards issued by our CEN-Split rewards program — the detail on terms of % can be found in the whitepaper.
Herra,
I saw about Centralex Presale broadcast in progress, How can I join there? So, what are your plans after Presale? Are you going to a listing exchange? Or where will Centralex be listed?
Marin Centralex,
You can join the current presale round by visiting www.centralex.com and signing up to the launchpad, there is a short KYC procedure and then you can make a contribution with either ETH or BNB, the tokens are currently on sale for $0.03/ea. After the presale, we will be creating a liquidity pool on Uniswap that will be equal to 60% of all fundraised during this round. The CenX token will be listed on the Spot, Uniswap and we do have more listings lined up in the weeks to come.
Tristan,
Having a launchpad is very important in our perspective. We experienced many problems by getting accepted as a new project on many different launchpads because we were running our own. I also think most other launchpads are money-sucking companies that are only doing it for the money and not for the community! At our launchpad there is no “ you just hold $4000 USD in CenX to join new launches on our platform.. for us it doesn’t matter how many CenX you’re holding you’re more than welcome to join and participate. Centralex will also do it differently than other exchanges, first, our trading fees are very low at 0.095% for both maker and taker.. people can use CenX for their trading discount, and these fees we are sharing with our stakeholders.
Also to note, we are going to merge traditional baking under the roof of a cryptocurrency exchange which makes us very unique and puts us a few steps ahead of the pack...
Centralex will also include all DeFi products on our platform and keep following the market trends
By the end of this year, we also will be deploying state of the art custom build crypto ATMs where the client is able to do their onboarding but also where the machine poops out a debit card for the client once the onboarding has been completed.
Centralex is much more than just an exchange and we are building something for the future without being a greedy company and only trying to capitalize on the market.
Chintya lensley,
1.As you might be already knowing Trust is an important aspect of the success of any Project Crypto or Non-Crypto. As the voice of newbies in the crypto field, I would like to echo the thought of every new investor. How can we trust the Project?
2. Smart contracts are known to be susceptible to errors, bugs, or hacks. So how is the Space Sharks’ security system composed? In addition, has an audit report been made by sources external to CENTRALEX?
Marin Centralex,
When you invest in any project its logical to do some homework, in our case we can only highlight a few points that are evidence we are a real company for one, in existence since 2018, involved in multiple crypto projects, we are not an anon team and actually a team consisting of experienced professionals who as some of the best in their field. We have also been a self-funded project from the begging, meaning we already took the risk and invested 100s of thousands of dollars to get the team to where it is today. we hope these points count in our favor for investors.
Obviously, the shark space is a typo from your previous session, in any case, we have and do conduct ongoing audits on all smart contracts, data centers, and any public-facing interfaces.
Daniel Xavier,
How will the Custo-DeFi work? When someone will come to your platform will have the option between Central or DeFi?
Marin Centralex,
Essential yes, from the platform you will be able to engage with both CEX and DEX tools, but from 1 secure environment, also allowing an easy way of on/off ramping more easily.
CoinTravolta,
Many blockchain projects are deceptive in solving a real problem, their main goal is to get rich quickly by selling tokens. Did Centralex really solve a problem in our lives thanks to the technology it developed or did it improve a solution offered by someone else?
Marin Centralex,
Innovation is one of the founding principles of our project, but we also quickly realized that to attain and develop what we have thought of requires funds, so we decided to address some problems we discovered on other exchanges and use them as a platform to build our more refined ideas on. The 1st step is launching a more user-friendly and simplified interface, so much so that your granny should be able to trade on our platform and have access to all the same products the super technical CeFi and DeFi space creates. this is one of the 1st steps, and many more to come. Watch this space….
Ega Ramadhan,
you said In CEX you cannot join beautiful products from DeFi because you are not connected to a Web3 wallet etc. How do I get connected to web3 and join the beautiful Defi product?
Tristan,
That’s correct, it is very hard for a centralized exchange/user to join DeFi products. Our partner Fireblocks is providing these special functions for us but it’s up to our company how we utilize them. We are basically offering Web3 wallets under a custodial exchange with centralized spot trading engines which allows you to be as free as a bird with the security of a bank
NFT this Trend,
For any Cryptocurrency exchange, Security, Liquidity & Adoption are very important! So, what's your solution to these major problems? How Centralex Exchange ensures Security of user funds, and bring liquidity in exchanges?
Marin Centralex,
We have made inroads and formed partnerships with some of the world's biggest and more reliable liquidity providers, this ensures that from day 1 our user will be able to execute any order of any size. All this is possible in a super safe wallet environment that fireblocks has helped us create, and due to this stringent system and confidence in our platform we have also secured insurances on the assets traded on the exchange, letting our users sleep more easily at night while their investments are working for them.
Captain Price 🎖,
What kind of contributions should the community make in the development and promotion of your Project? Do you really care about new ideas and feedback submitted by the community to your Team, or is it just rhetorical?
Marin Centralex,
We have many platforms the community can engage with us on, Discord, Telegram, Twitter, Facebook, and Linkin, All of these spaces are meant for us to have an opportunity to hear the public opinions and get constructive feedback. The CenX token also has governance features that prepare the project for a more democratized engagement, with all these combined, we truly believe anyone will have the ability to have their voice heard.
KAELIN | TGH | MSH,
Great AMA 👏
The CENTRALEX Team Will Be Providing The Prizes Today
1000$ In $CENX
10 X 100$ Prizes
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