Thank you to the Bang Pateng Community for participating in Ask Me Anything (AMA) with Coinrexi Time on December 9th, 2020. This guest star Mr. Bryan Andre. If you were unable to join the live AMA, no worries, here comes our 24th AMA recap!
We are glad to meet here:
Mr. Bryan Andre – Project Manager
Introduction Session
Host :
Hello @bryaniAndre Welcome to the Bang Pateng community, It’s an honor to invite you to our community
Bryan Andre :
Thank you very much
Host :
Before we start our first session can you introduce yourself, your background and your team if you have a team working with you on Coinrexi @bryaniAndre
Bryan Andre :
Oke, Ready
Host :
Thanks for sharing your background. Good. AMA let’s get started.
Bryan Andre :
I am Bryan Andre the project manager for Coinrexi. This project has been underground for some time so we could get a lot of progress on launching so we are a team of 8 including the ceo, cto and others but I do the talking at most time.
Thank you for having us today 😊
Host :
Well we will continue to the first session, in this session I will give a question about Coinrexi, if you feel you have enough to give an answer, you can say “done”.
Bryan Andre :
Alright
SESI 1 (Poject Introduction)
Q1. Can you introduce Coinrexi to our community?
Bryan Andre :
Ok Coinrexi is a primary payment not only on the coinrexi marketplace, but also integrated to various vendors and to accept coinrexi as a form of payment.
Coinrexi having several products that are being developed will bring crypto currency to e-commerce. Coinrexi token being the base of the development will be used to facilitate transactions for products and services, with the addition of the coinrexi marketplace to commence as soon as the coinrexi token takes full effect. Coinrexi is not mining in the real sense but more likely a glorified airdrop from the coinrexi team. The coinrexi mobile app will also be made available where members can receive $CR.
Coinrexi has the intention to provide a unique approach to create an ecosystem unattached to the current inflationary model While providing a reliable, stable and tax-exempt cryptocurrency to enable seamless transition.
A limited supply currency hosting safer transaction in an ecosystem that allows the token holders to have full control of their finance at all times.
Q2. What are the core features of Coinrexi? How are you different and unique from all other projects out there?
Bryan Andre :
A. The convenience of buying and selling by investors and facilitating payment in CR crypto currency. The CR platform provide convenient search tools, facilitate payment and regulate business relations between buyers and sellers with the use of smart contracts or ethereum block chain.
B. The supply of rich information for decision making in regards to buying and selling products specifically such as ratings, reviey, terms of sales and execution of smart contract.
C. Digital asset ownership for investors seeking to own assets in the crypto currency world.
D. Rewards; rewarding participants in the network and enriching it’s members which is very important aspect in the creation of coinrexi.
E. Gateway to extra service.
F. Providing a better user experience.
Coinrexi provides solution for existing or newly founded businesses to start accepting crypto currency on their website and in-store. We provide easy, secure and reliable ways to conduct transactions without investors being concerned about mining, staking or any other trends in the industry.
Q3. I saw that Coinrexi has its token named $CR, can you explain what the token is $CR? What benefits can we get if we hold tokens $CR? And how to buy?
Bryan Andre :
Coinrexi token is an e-commerce platform and brick and mortar commerce with primary focus of advancing both the e-commerce and traditional commerce. Coinrexi token created on November of 2020 was created to conduct transaction within the coinrexi marketplace and on the blockchain. The transactions can be used for products and services or anything that the investor wishes to purchase. Coinrexi token is here to establish a more trustworthy ecosystem for vendors and consumers. Coinrexi is a simple, easy and borderless payment in crypto currency with a possibility of being so much more.
Crypto currency mass adoption; we promote mass adoption of Digital assets that are both a means of settlement and an investment, thereby enlarging benefits for all parties to everyday buy-and-sell interactions. Effortless means of sending and receiving crypto-currency on a daily basis for anything that can be imagined as well as the benefit of being able to transact with crypto currency alternative to Fiat currency.
For intending investors seeking to invest in our token, presale will be done on the website. After the pre-sale and distribution of token it will be listed on uniswap where anyone can exchange Eth and get the coinrexi token.
$CR from tomorrow 10-12-2020 will be live for investors to purchase from https://coinrexi.io
Q4. Nowadays Farming or staking is very popular. Have you provided your Farming or Staking Facility to $CR Investors? if you have, can you explain how to staking and farming $CR?
Bryan Andre :
To be able to create scarcity, there will be no new release of coin after the presale. Participants in the pre-sale will have the coin distributed to them immediately after the presale stops, we also have about 12% of the $CR token which will be staked by investors for about 6 months.
This will also help in increasing the trading price of $CR in exchanges
Q5. Could you please explain, what are your upcoming plans in a couple of month/years?
Bryan Andre :
From the road map a number of outlined activities have been specified. The pre-sale and listing with be done within the month. Deploying the market place, mining app, airdrop public sale and coinrexi app will be done in the coming year.
The mining ⛏ app which will serve as a bonus to users who are not ready to stake or buy in the presale. And by January 2021 our market place will be launched so be ready for $CR move in price 👍
SESI 2 (Twitter Question)
Bryan Andre :
Coinrexi has seen that third party payment platform are causing users to pay more for product and sometimes they have to wait of long time before card transactions are approved, but with blockchain no extra charges on purchase and everything happens instantly
Bryan Andre :
For the Coinrexi listing we’ll be using uniswap which is a generally Accepted platform for decentralized exchange.
We’ll also be using in due course Probit Listing, BW Listing, Hotbit, coin gecko and MXC Listing
Bryan Andre :
For shipping fees this will be really low to help our customers save cost and time while using our market place for business ERC-20 is technology our platform is built that is the ethererum blockchain.
And for the user base of operations ERC-20 hold more users than TRC-20
Bryan Andre :
We have recently partner with ICO news channel the have been helping with our reviews throughout there platforms and also working towards conclusion of a partnership with THE MOON to give Coinrexi an interview on YouTube just after presale begins.
Also we’ve concluded our discussion with two large e-commerce platforms in Asia and Africa to deploy our token and a means of payment on their platform.
This will be ready by February next year after our market place is launched
Bryan Andre :
To increase the token value we’ll are going to create scarcity by locking up and staking so percent of the Coinrexi token users who stake the token will receive some discount in purchase. We’ll be locking up another percent for 6 months so as to have less token in circulation.
Our target audience for the token holders is everyone who believes in this project, we’ll accommodate as many who believe in our vision to change the way e-commerce is been used.
SESI 3 (Telegram Question)
Hendra Sico | @Hendrasico
Hi mr. @bryaniAndre. Could you give me 2 or 3 key points to convince me and other angel investors invest in Coinrexi in long-term?
Bryan Andre :
Coinrexi is a project that involves experienced crypto lovers, with the plan in our road map we are here to help the grassroots to make more money for themselves using our market place, while for investors the more our user base increases the more or token becomes more priced that is increasing the price which is a nice investment for any investor. So they’re no way of losing out in this project.
Alikaa Azzahra | @Alika061
how many slots are available at presale #CoinRexi this time ? what is the minimum transaction to participate in the $CR presale and how do I make a payment and where do I buy the $CR token.
Bryan Andre :
The presale supply is about 20.000.000 $CR by tomorrow been 10-12-2020 our website will be used for the presale just prepare your web3 wallet like meta mask and others for the purchase https://coinrexi.io
💁Kanchana🍀🍀 | @kanchana46
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?
Bryan Andre :
Scarcity of the $CR token is one of the concept in which we’ll be using to cause increase in demand thereby increasing cost and also burning of the token will be done every million sale of the token during presale by 5%
king 🥶 | @Winterkom_R
Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?
Bryan Andre :
Our white paper has our core team members and they are prominent people in the crypto space there no need to fear.
Shabbir Husain | @starshades007
With the Development of Blockchain Technology, An Infinite Number of Blockchain Projects Have Appeared on the market. But People Prefer / Will Accept Projects That Have Real Use Cases. Can You Tell US About The Real Use Of Your Project Or The Solutions That Contribute To It?
Bryan Andre :
Our project is to be used is to used by e-commerce and also can be traded by individuals who buy and sell in the crypto market
CLOSING
Well… We declare AMA’s Series Bang Pateng with Coinrexi, is Done. 🥳🥳🥳🥳
thank you to the participants who have attended this event to the end. the winners will be announced soon🥳🥳🥳
Social media
📍 Twitter : https://twitter.com/coinrexi
📍 Telegram Chat: https://t.me/CoinRexiGroup
📍 Telegram News : https://t.me/coinrexiupdates
📍 Website: https://coinrexi.io
The event has ended, we would like to thank Mr. @bryaniAndre Who took the time? Our event is closed