We were delighted to welcome our guest from Swaperry . The AMA took place on August 9th, 2021 and our guest was @danghoa1.
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are pleased to announce AMA with Swaperry.
Gold Rocket | Satoshi Club: Today our guest is @danghoa1
Phil Dang | Swaperry: Hello everyone. I’m excited to be here.
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @danghoa1!😊
Phil Dang | Swaperry: Big thank you to everybody for attending this AMA!
Gold Rocket | Satoshi Club: We also really excited about upcoming AMA😊
Gold Rocket | Satoshi Club: Let’s start!
Introduce yourself please. How did you get to be involved in crypto & Swaperry?
Tell us please about your position in Swaperry?😊
Phil Dang | Swaperry: Of course!
Phil Dang | Swaperry: I’m Phil, co-founder and CEO of Swaperry.
Phil Dang | Swaperry: A bit about myself. I was born and raised in Vietnam, but I moved to Singapore and eventually to the United States for education
Phil Dang | Swaperry: and now I live in Silicon Valley
Phil Dang | Swaperry: Before crypto, I was a software engineer. I spent the last 4 years working at Google, and a few more years before that at Facebook.
Phil Dang | Swaperry: I’ve stumbled across the topic of blockchain with my colleagues at Google many times, but last year was when I was heavily drawn into by it.
Gold Rocket | Satoshi Club: Wow amazing background 👍
Phil Dang | Swaperry:
The future potential for blockchain to become such an integral part of technological products and contemporary finance really fascinated me.
Gold Rocket | Satoshi Club:
so you are golden youth😁
Phil Dang | Swaperry:
That is why early this year I decided to take the courage to leave Google and started Swaperry.
Phil Dang | Swaperry:
haha
Gold Rocket | Satoshi Club:
This is what impresses us every day.😍
Gold Rocket | Satoshi Club:
This is a really tough decision on your part! I’m sure you did the right thing🙌
Gold Rocket | Satoshi Club:
What is the essence of Swaperry?
Phil Dang | Swaperry:
Yep I’d love to tell you more about what Swaperry is about 🙂
Phil Dang | Swaperry:
There’s a lot to say, but in a nutshell, Swaperry is a highly powerful DEX built on a Polkadot parachain.
Phil Dang | Swaperry: If you’re not familiar with Polkadot, it is one of the most promising blockchain technologies about to launch
Phil Dang | Swaperry: and it’s said to be the next Ethereum
Phil Dang | Swaperry: So, Swaperry will leverage the gigantic horsepower of Polkadot to facilitate extremely fast and cheap transactions
Phil Dang | Swaperry: and offer a suite of much needed trading features that previously were unthought of on a decentralized exchange.
Gold Rocket | Satoshi Club: We are big fans of polkadot here and consider it one of the most promising directions.
Phil Dang | Swaperry: Thats awesome! You also share our team’s thinking!
Phil Dang | Swaperry: These are things you won’t find on other DEXes
Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from Swaperry?
Gold Rocket | Satoshi Club: Oops😁
Phil Dang | Swaperry: We have started this project since last January.
Phil Dang | Swaperry: Our team of close to 20 engineers have been hard at work
Phil Dang | Swaperry: and great news: we are actually at our pre-launch phase
Phil Dang | Swaperry: you will see us launching one of our first features, called prediction trading, within a month.
Phil Dang | Swaperry: And the rest of the products, including our DEX with limit order and stop loss, will come soon after to the market.
Gold Rocket | Satoshi Club: Oh! This is incredible! Thanks for sharing this with us.😍
Phil Dang | Swaperry: Our long term goal, though, is actually to bring the stock market onto our DEX.
Phil Dang | Swaperry: The stock market is nearly 100x more than the crypto market, but its not accessible to most of the world due to national borders.
Phil Dang | Swaperry: For example, most people in the world can’t buy Apple or Google stock because they are not Americans
Phil Dang | Swaperry: We want to be the team that brings stock accessibility to the next level, via a decentralized exchange, and we won’t stop until we finish that.
Phil Dang | Swaperry: Of course! Happy to share 😄
Gold Rocket | Satoshi Club: So you are in the mainstream👍
Gold Rocket | Satoshi Club: Thanks for great introduction, we will have a questions selected for the Part 1. Ready to start?
Phil Dang | Swaperry: Sure!
Q1 from Telegram User @josegamboac
Swaperry will be one of the first decentralized exchanges (DEX) to be available for trading crypto assets on day 1 of Polkadot’s launch. Will Swaperry come packed with cross chain support, limit order, stop loss, margin, and even predictive trades? All these features will be completely decentralized? Will the community be 100% owner of these components?
Phil Dang | Swaperry: Absolutely great first question!
Phil Dang | Swaperry: Yes we do intend to launch Swaperry along with advanced features like limit order and stop loss.
Phil Dang | Swaperry: What we are dependent on is just the launch of Polkadot itself,
Phil Dang | Swaperry: which could be a few months away.
Phil Dang | Swaperry: Which is why, while we wait for its launch, we will be rolling out a teaser product, called predictive trading.
Phil Dang | Swaperry: This is something I’m super excited about!
Gold Rocket | Satoshi Club: Does community activity affect the final product?
Phil Dang | Swaperry: This feature works similarly to options trading on the stock market: you pay a ticket to predict the direction of a cryptoasset, and win disproportional rewards and possibly the lottery if you predict correctly.
Phil Dang | Swaperry: There will also be an achievement system that would reward NFTs to earners. These NFTs give you massive benefits on Swaperry, and you can trade them with other users.
Phil Dang | Swaperry: We believe this product could be a huge hit
Gold Rocket | Satoshi Club: this is quite original
Phil Dang | Swaperry: And yes of course. All of our products are 100% decentralized
Phil Dang | Swaperry: And once we launch, they belong entirely to the community.
Gold Rocket | Satoshi Club: I totally agree😁👍
Phil Dang | Swaperry: Of course. We constantly seek feedback from our community to shape our final product.
Gold Rocket | Satoshi Club: Thank you very much for such detailed answers!
Gold Rocket | Satoshi Club: I suggest moving on to the next question. If you do not mind😊
Phil Dang | Swaperry: Sure, lets proceed 🙂
Q2 from Telegram User @Billz120
On Prediction Trading, how could I join pools that Predict the direction of an asset price and win a share of the big pot, along with lottery jackpots? The advanced CEX- only features like limit order and prediction trading, having been thought from the ground up in order to function and scale, what are the assurances that Perry Token will favourably compete with other Structures ? On Trustless cross-chain migration cryptoasset from any block chain on to Swaperry how could an investor successfully makes such a migration, and are they charges for such migration and at what rate?
Phil Dang | Swaperry: Wow that is a long question! 😄
Gold Rocket | Satoshi Club: Partially disclosed. But I think you have something to add😁
Phil Dang | Swaperry: I’ll try to answer as best as I can.
Gold Rocket | Satoshi Club: Satoshi Clubbers know how to surprise 😁
Phil Dang | Swaperry: The exact details on how prediction pools work will be shared later,
Phil Dang | Swaperry: but in a nutshell, you can buy an UP ticket or a DOWN ticket to predict the direction of an asset.
Phil Dang | Swaperry: when the pool expiry date hits, we evaluate the current price of the asset,
Phil Dang | Swaperry: and whoever predicted correctly will receive the pool amount, distributed evenly
Phil Dang | Swaperry: Winners are also entitled to a lottery drawing
Gold Rocket | Satoshi Club: And the one who was wrong 👀
Phil Dang | Swaperry: so you could potentially win a large amount!
Phil Dang | Swaperry: Well, you lose 🙂 just like buying a wrong option on the stock market.
Phil Dang | Swaperry: But!
Phil Dang | Swaperry: You could still earn NFT achievements for losing
Phil Dang | Swaperry: and these NFTs can be traded
Phil Dang | Swaperry: for potentially high price
Phil Dang | Swaperry: as the NFTS do bring massive benefits to your next prediction participations
Gold Rocket | Satoshi Club: That is, all the same, win win for all😁
Phil Dang | Swaperry: Correct
Gold Rocket | Satoshi Club: do you already have nft to share with us
Gold Rocket | Satoshi Club: Probably a prototype
Phil Dang | Swaperry: Right now we are keeping this under wrap
Phil Dang | Swaperry: Not to keen on revealing our secrets to potential competitors just yet 🙂
Phil Dang | Swaperry: But do keep an eye out for our announcement!
Gold Rocket | Satoshi Club: 😁 so pity
Gold Rocket | Satoshi Club: many thanks for the answer😊
Gold Rocket | Satoshi Club: Let’s proceed to the next question? Or you want to add something😊
Phil Dang | Swaperry: Yep let me just add my thought on this part of the question:
Phil Dang | Swaperry: “what are the assurances that Perry Token will favourably compete with other Structures”
Gold Rocket | Satoshi Club: Of course ❤️
Phil Dang | Swaperry: So Swaperry is built on the shoulder of giants.
Phil Dang | Swaperry: The giants are Polkadot and Polkafoundry.
Phil Dang | Swaperry: Polkafoundry is one of the top parachains on Polkadot, and they offer very reliable and scalable infrastructure
Phil Dang | Swaperry: That’s why we have strong confidence in the robustness of Swaperry software.
Phil Dang | Swaperry: The choice of Polkadot as a backbone technology also allows us to unlock and build many advanced features other DEXes don’t offer
Phil Dang | Swaperry: like limit order and stop loss
Phil Dang | Swaperry: which is why we think we have a chance at directly competing with CEXes as a strong option for traders
Phil Dang | Swaperry: I hope that helped address your concerns! 🙂
Phil Dang | Swaperry: We can proceed now
Gold Rocket | Satoshi Club: You’re absolutely right! I really like that you chose the best in crypto industry today
Q3 from Telegram User @DK177
Currently, NFT marketplaces are becoming popular among users. According to your roadmap, Swaperry has been initiated in the fourth quarter of 2020. However, NFTs will be introduced to the project by the fourth quarter of 2022, it means after two years. NFT related works help to grab the attention of investors. Why did you postpone putting this popular concept in to practice? What have you done so far to achieve this milestone by the said time? You have mentioned this target as “NFTs”. Please let us know whether you are going to create a NFT marketplace or to develop your own NTFs.
Phil Dang | Swaperry: Very great question indeed, and at the perfect time since I just mentioned our NFT achievements 🙂
Phil Dang | Swaperry: The blockchain industry is one that changes really quickly
Phil Dang | Swaperry: one thing that may not be such a hot topic last week could be the top hit this week
Phil Dang | Swaperry: the plan to implement NFT trading in 2022 was our original plan when we discussed our future roadmap as a team
Phil Dang | Swaperry: but seeing NFTs quickly becoming such a popular topic has led us to expedite our work on it
Phil Dang | Swaperry: That’s why you’ll actually be seeing our first suite of NFT products as soon as launch (next month!)
Phil Dang | Swaperry: the NFT achievements will go extremely well hand in hand with prediction trading
Phil Dang | Swaperry: and the early adopters will have the best chance to win NFTs,
Phil Dang | Swaperry: because they are limited!
Gold Rocket | Satoshi Club: yeah… this is very timely… nft are experiencing hype today…
Phil Dang | Swaperry: Exactly
Gold Rocket | Satoshi Club: That is, there will be a marketplace too?
Phil Dang | Swaperry: So yes, we will immediately start with our own NFTs, and followed by marketplace
Gold Rocket | Satoshi Club: Gotcha👍
Phil Dang | Swaperry: This is what we’ve wanted to do from the start: Swaperry is all about commercial freedom: trade anything DeFi, not just limited to cryptocurrency
Gold Rocket | Satoshi Club: tell us another secret
Gold Rocket | Satoshi Club: Which blockchain will you use for making NFTs? Your NFTs will be only collectibles or have some utility functions?
Phil Dang | SwaperryThis is not locked down yet, but we will likely go with a blockchain that most people have access to: BSC
Phil Dang | Swaperry: The NFTs have utility functions of course
Phil Dang | Swaperry: And because these NFT achievements are limited in quantity,
Phil Dang | Swaperry: their price will only go up, as swaperry users start growing and demand skyrockets
Phil Dang | Swaperry: so, the sooner you race to earn them the better
Gold Rocket | Satoshi Club: Yes, it confused me a bit. But then I realized that you have good cross-chain solutions. 😁
Gold Rocket | Satoshi Club: Thanks for your answers
Phil Dang | Swaperry: Dont worry, you’ll hear more details about it very soon! 🙂
Gold Rocket | Satoshi Club: Ready to proceed to the next question?
Q4 from Telegram User @ambbobb
Going through your website, I could see you have alot of Strategic Investors in your project like HG Ventures, Icetea lab, Signum capital etc but I noticed that not even one of them relate with STOCK TRADING and you planned to launch a New Stock Market on DeFi very soon. If this project went as planned it will be first of its kind in cryptocurrency market, though somethings might have been put in place, but how do you want to convince/motivate investors in the line of stock trading for your project? You also want to be trading TSLA, APPL, and GME on your exchange which will allow user to Buy and sell their tokenized versions with USDT or PERRY. How can we Redeem them onto our brokerage as traditional stocks in order to exercise shareholders’ rights?
Phil Dang | Swaperry: Great question!
Phil Dang | Swaperry: You’re correct that none of our investors have strong relations with the stock market, and that’s for a good reason: We are still a decentralized platform at heart, and we need their guidance in the crypto space.
Phil Dang | Swaperry: And another is, what we are trying to do: bringing the stock market onto a DEX, is something so new, that no investors actually have experience in.
Phil Dang | Swaperry: Which is the whole point: we want to bring something brand new to the industry,
Phil Dang | Swaperry: not rebuilding an existing product from someone else.
Gold Rocket | Satoshi Club: you’re right. this is something unique for today
Phil Dang | Swaperry: So, while our investors cannot directly help with stock trading, they offer tremendous value in their connections and network
Phil Dang | Swaperry: For example, Signum is one of the top VCs in Singapore, and they can help us connect with top banks and brokerages there
Phil Dang | Swaperry: Its these connections that are invaluable when we are working on something as new as this.
Phil Dang | Swaperry: Lastly, we actually do have experts in stock trading
Phil Dang | Swaperry: they are not investors, but are our advisors.
Gold Rocket | Satoshi Club: It is really more valuable than money😊
Phil Dang | Swaperry: That’s why you don’t see them on the list.
Phil Dang | Swaperry: And as for how we might be able to bridge between the traditional stocks and the crypto world:
Phil Dang | Swaperry: via staking
Phil Dang | Swaperry: a local, 3rd party brokerage could potentially hold custody of a staker’s traditional stock
Phil Dang | Swaperry: in return, Swaperry mints the crypto stocks, which you can use for trading on our DEX.
Gold Rocket | Satoshi Club: Btw did you already finish a seed or private token sale? if so, can you share details with us? I’m asking because of investors you have 😉
Phil Dang | Swaperry: Of course!
Phil Dang | Swaperry: Right now, Swaperry has completed all of its seed and private fundraising rounds, and has raised a total of $1.6M.
Phil Dang | Swaperry: The next and final raise we will do is in the form of an IDO
Phil Dang | Swaperry: and it will happen within 2 weeks
Phil Dang | Swaperry: so you potentially will have a chance to be one of our investors as well
Gold Rocket | Satoshi Club: Really soon🤞
Phil Dang | Swaperry: our IDO will happen on RedKite launchpad, btw
Gold Rocket | Satoshi Club: what are the requirements?
Phil Dang | Swaperry: There is a whitelisting process, where potential investors will help us by spreading the words
Phil Dang | Swaperry: You will get announcements from us very soon on our media channels!
Gold Rocket | Satoshi Club: Where can we follow this process
Phil Dang | Swaperry: 👥 Our Official Social Media Links
Website (https://swaperry.com/) I Whitepaper (https://docs.swaperry.com/) I Telegram Chat (https://t.me/swaperry) I Telegram ANN (https://t.me/swaperry_ann) I Twitter (https://twitter.com/SwaperryDex) I Medium (https://medium.com/swaperry)
Gold Rocket | Satoshi Club: Great thanks 👌
Gold Rocket | Satoshi Club: Ready to proceed to the next question?
Phil Dang | Swaperry: Yes!
Q5 from Telegram User @nhairym
SwaPerry offers us a set of tools that help traders to analyze the market, add prices and make decisions, the DEX have been increasing their space at a fairly rapid rate, however the CEX are still in force in the market and with a high proportion of users; What CEX strategies and protocols do you think could be applied in DEX to create a more unified financial system that satisfies traditional and current demands? Polkadot provides them with the perfect ecosystem to develop all the strategies and proposals to achieve their ambitious but achievable plans and goal of showing the world that CEX is the past and DEX is the future?
Phil Dang | Swaperry: @Nhairym You’re correct that current DEXes have a few limitations.
Phil Dang | Swaperry: For example, transaction speeds tend to be much slower and more expensive. The products are not intuitive at all. They don’t have any cross-chain support. And they don’t have advanced features like limit order that CEXes have.
Phil Dang | Swaperry: However, we really believe that the benefits of decentralization outweights them all:
Phil Dang | Swaperry: you don’t need any KYC, you don’t lose custody of your assets, and you don’t have to trust the system at all, because its all powered by smart contracts.
Phil Dang | Swaperry: That’s why Swaperry’s mission is, as you mentioned, to show the world that CEXes are that past, and DEXes are the future.
Phil Dang | Swaperry: Our team works extremely hard to get rid of the 4 limitations I mentioned before.
Phil Dang | Swaperry: First, Swaperry is powered by Polkadot, which is a very solid, scalable infastructure.
Phil Dang | Swaperry: It will allow transactions to be significant faster and much cheaper.
Gold Rocket | Satoshi Club: this is a quiet evolution 😁
Phil Dang | Swaperry: Second, we will have cross-chain support with other projects on Polkadot, due to the multi-chain nature.
Phil Dang | Swaperry: Third, our team has managed to leverage the power of Polkadot to develop many advanced features previously only available on CEXes
Phil Dang | Swaperry: for example limit order, stop loss and prediction trading
Phil Dang | Swaperry: And of course the goal is to demonstrate that all these could be built and powered by a 100% decentralized network
Phil Dang | Swaperry: And at similar level of convenience and intuitiveness.
Phil Dang | Swaperry: So trust me that once our product is launched, there won’t be a whole lot of reasons why people should continue to use CEXes anymore.
Phil Dang | Swaperry: I really expect DEXes will be the main trading mechanism in the future and I’d be suprised if CEXes still have such a strong dominant within the next 2 years.
Gold Rocket | Satoshi Club: If we talk about security, did you conduct an audit or hackathon?
Phil Dang | Swaperry: Of course we did
Andrés M. | Satoshi Club: Hi @danghoa1, happy to be here with you, it seems that powerful features are coming to be part of Swaperry, could you share the whole roadmap to check every event coming?😃
Phil Dang | Swaperry: As a DEX, it is critical that our software needs to be robust and highly secured.
Gold Rocket | Satoshi Club: And what results did you get?
Phil Dang | Swaperry: We currently have a few security experts acting as our technical advisors just for this matter. At the same time, we hired a third-party security company well known in the industry, CertiK, to audit all of our smart contracts.
Phil Dang | Swaperry: CertiK is the audit company behind major projects like PancakeSwap, Binance & Polygon,
Phil Dang | Swaperry: so while no one can guarantee 100% bug-free software, we feel confident to leave the matter in their hand.
Phil Dang | Swaperry: And great news, we’ve passed their security bar
Gold Rocket | Satoshi Club: Safety first 👌
Phil Dang | Swaperry: Please be assured that we will only launch our product once we have prefected our software security
Phil Dang | Swaperry: Yes, this is absolutely important
Phil Dang | Swaperry: Hi Andres, of course.
Phil Dang | Swaperry: You can check on our website right now
Phil Dang | Swaperry: We do include our roadmap there
Phil Dang | Swaperry: swaperry.com
Andrés M. | Satoshi Club: Thank you, I’ll do
Gold Rocket | Satoshi Club: Thanks for your answers
Phil Dang | Swaperry: Youre absolutely welcome
Gold Rocket | Satoshi Club: We have last question before opening chat😊 let’s proceed🚀
Andrés M. | Satoshi Club: Yes, complete and detailed answers, that’s what our community needs 😁
Gold Rocket | Satoshi Club: Shoot please🚀
Q6 from Telegram User @Right_clicK1
PERRY will function as the native utility token of swaperry .In the explanation of Perry tokenomics, it was stated that 20% of total supply was allocated for private sale which took place in Q2 2021 and 1% for public sale. You raised $1.6Million in the private sale, I want to know how do you want to raise more than that in public sale when its allocation is not even up to half of private sale, how do you want to handle the upcoming sale in order to achieve more funds than the previous sale? Where and how are users going to participate in the public sale since Mainnet V1.0 is stated to be launched this quarter after public sale? Can you give more details about the sale?
Gold Rocket | Satoshi Club: partially answered
Phil Dang | Swaperry: Right I did address some of these
Gold Rocket | Satoshi Club: but we are waiting for interesting details 😁
Phil Dang | Swaperry: Our IDO public sale allocation is $100,000
Phil Dang | Swaperry: This sale will take place on Redkite
Phil Dang | Swaperry: The PERRY tokens will then be listed on exchanges soon after
Phil Dang | Swaperry: likely within the same day
Phil Dang | Swaperry: After IDO, we are no longer actively raising funds
Phil Dang | Swaperry: $1.6M is more than enough to give us the runway we need
Andrés M. | Satoshi Club: What will be the sale price of $PERRY?
Phil Dang | Swaperry: Then, we rely on our revenue collected from prediction trading and our DEX
Phil Dang | Swaperry: It will be $0.05 / PERRY, at IDO
Phil Dang | Swaperry: And as I mentioned, this will happen on Redkite
Part 2 — live questions from the Telegram community
Q1 from Telegram User @xperia3
Swaperry aim to take the advantages of CEX and strengthen DEX. While doing this, will Swaperry sacrifice some part of its decentralization? Do Swaperry target to be a mix of DEX and CEX which is commonly called CeDeFi or do you really aim to stay decentralized?
Phil Dang | Swaperry:
We do aim to be 100% decentralized. We don’t believe in a middleground here. If the product is not 100% decentralized, then it is centralized. Which is why its hard to overstate the achievements we’ve made in building limit order. Other DEXes that claimed to offer that, really just used some form of an off-chain system. For us, it is entirely decentralized
Q2 from Telegram User @RahulGandhi59
I could notice that in their roadmap they indicate that this Q3 will be made its public sale through IDO, and that after this they will carry out the audit process, right? But really why wait to complete the IDO to audit your contract? Shouldn’t they be done earlier to provide greater reliability to investors?
Phil Dang | Swaperry:
We have actually already carried out the audit
Q3 from Telegram User @Smartling
So what will Swaperry compensate me with if I lose or do I have to just lose out completely?
Phil Dang | Swaperry:
If you predict incorrectly, you will still have a chance to win a lottery in the pool. And you could still earn NFT achievements
Q4 from Telegram User @Robotliker1
What is your project strategy to educate and increase awareness in the global level who are non english speakers? Do you have any ambassador program for different countries?
Phil Dang | Swaperry:
Yes, we do work with ambassadors to represent us in non-English speaking countries. like China, Korea, Jpan
Q5 from Telegram User @highpee
One of your first set of products is PREDICTION TRADING . How will users use it to bet against price movement? Also, you said that a user that predicted correctly can win potentially disproportionate rewards. Can you provide a layman explanation to your complex rewarding model and why reward will be disproportionate rather than being proportional to users stake or position?
Phil Dang | Swaperry:
Of course, the more tickets you purchase to particpate in the predictiong pool, the more you’ll win. But what I meant by “disporportionate” is you might pay X for the ticket but win 10 or 15 or even 100 times what you paid depending on the current state of the pool
Q6 from Telegram User @sscpaster
How qualified the team members are? Do they have enough experience on blockchain and it’s related technology? Can you mention them and their background as well?
Phil Dang | Swaperry:
Most of our backgrounds are engineering. I myself am a former software engineer at Google. Our team’s CTO was also a senior software engineer at Motorola. We have a lot of crypto experts who are our advisors. For example, one of our advisors is Thi, who founded Polkafoundry, RedKite and advisor of Faraland and several other successful projects. I believe our project is in good hands!
Q7 from Telegram User @Emidm28
You mentioned that as Polkadot is currently under development, your prediction trading will be launched on Binance Smart Chain, and will be the first product in the Swaperry platform. Once the development of Polkadot is completed, will it also be launched on Polkadot?
Phil Dang | Swaperry:
Yes of course. Prediction trading can take place on different blockchains too, but the focus for our DEX is still Polkadot
Q8 from Telegram User @Sharajelln2
i haved stumbled across the topic of blockchain with my colleagues at Google many times, but last year was when I was heavily drawn into by it you said.
do you think now YOU are success?? What’s the difference now and then?
Phil Dang | Swaperry:
Great question. So far I think my choice to leave has been correct, but it all depends on the success of our launch too! Which is why I’d love to have you and this community join us on this journey 🙂
Q9 from Telegram User @K2ice
Do I need to continue buying an UP ticket or a DOWN ticket to predict the direction of an asset for each prediction or I will just have to buy a ticket once for all my predictions?
Phil Dang | Swaperry:
Each pool has an expiry date. For example, say 1 week/So you can buy as many tickets as you’d like, but it’ll all be wrapped up within a week
Q10 from Telegram User @bathulosnom
The blockchain industry is one that changes really quickly. So, in future if there is another project with more innovation come what will you do? Do you think you can change yourself as the technology changed?
Phil Dang | Swaperry:
I sincerely hope so. While I can’t promise to always be one of the top innovators in the industry, our team and I do intend to. We are here for the long run, and we wont stop until we have a well-deserved space in this industry.
Part 3 – Quiz Results
In the final part we tested your knowledge in terms of Swaperry. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
For more information and
future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/
Our partners:
Swaperry Website – swaperry.com
Swaperry Telegram – @swaperry