LBank AMA Recap with DXBPay
Introduction:
my name is Michael Bort, and i am the head of PR at DXBPay a job that i enjoy a lot because its within a sector i love and with a team of professionals who have a goal and heading towards it. i am graduate of California State university and handled several roles within the advertising and me media industry .DXBPay is an incorporated company in the UK, and is building a futuristic project
DXBPay is building a payment gateway that utilises cross chain capabilities to serve the needs of merchants and offer a safe payment gateway that allows wider sector of clients to shop online and pay using crypto . DXB is the utility token that will power the DXBPay ecosystem, it is in circulation now and soon to be listed with LBank which is something we are looking forward to
First Section of Questions
Questions1:
Most investors just focus on the price of a token in the short term instead of the real value of the project. Can you tell us the motivation and benefits for investors to the DXB in the long run?
Guestt:
it is a fact that investors are interested in short term and long term benefits
we had that in mind when developing DXBPay, and implemented several features that attract both
just as an example, DXB token contract has 2 intelligent burning mechanisms that strategically reduces supply with no negative impact, instead it helps increase the token value with every transaction
it has also one of a kind BNB rewards system, which simply rewards holders with BNB simply for holding without the need for staking or farming
Both features help increase demand and reduce supply, which are the factors for every successful project
and on the long term, DXBPay is working on a futuristic product that will change the way crypto is handled,
because it allows for small, fast transactions to be processed for ecommerce merchants
think of Amazon, booking, Uber and any ecommerce merchant being able to accept large number, fast, and small in value crypto transaction
the long run has many surprises along the way and will reveal some of it throughout this AMA
Questions2:
When are you trying to integrate your project to other networks and are interested in NFT platforms？
Guest:
this is one of the surprises i was telling you about
we are developing our own platform that will host several very exciting features
beside trading DDXB with other coins and being able to buy it using your credit card,
we are developing a one of a kind NFT market place
NFT is the new trend, and its very powerful beyond its use for digital art
we are linking NFT with the real world, and to be as rewarding as investing in a real estate or a well established business
we are fascinated by linking crypto with non crypto world, and our upcoming NFT market place will be the ideal example for better use of investment
there are few other fun features for sports fans but will release it in due course
in short, what is coming for DXBPay on the mid and long run is far more exciting than hitting 1500% token price increase since starting
Questions3:
Is this your project only for elite investors, how about others with small funds, is it open to everyone?
Guest:
Absolutely not
DXBPay was designed for all investments, in fact walready have some success stories for small investors who recorded very large profits
also, the BNB rewards is very beneficial for small investment, think of your money as being deposited in a very profitable bank and you are claiming the profits for life time
we also chose BSC that allows for small gas fees in order to support and encourage small retail investors
in fact, our community is full of real investors who trust the project to invest even small amount or what they have with it
in saying that, we are also in discussion with institutions that when they join in, they will only add to the success of DXB and benefit all users
Questions4:
Do you think DXBPay will be accepted as a digital currency worldwide? Any marketing strategy?
Guest:
we are definitely working towards that, be it with our application that will allow any ecommerce merchant to integrate it and start accepting crypto payments yet receive dollar value in seconds
or by our collaboration with non crypto chains that are off our daily needs
or even the marketing strategy we put in place to reach as many investors across the wrold
or the charity wallet we dedicated to build schools around the world and help with education
in fact for a starting project, i believe we achieved very impressive results as of now
there is a message circulating on our telegram channel @dxbpay i would love to share it if you allow me
Questions5.:
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐲𝐨𝐮𝐫 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐟𝐨𝐫 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚 𝐬𝐭𝐫𝐨𝐧𝐠 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 ? 𝐃𝐨 𝐲𝐨𝐮 𝐚𝐠𝐫𝐞𝐞 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐩𝐨𝐰𝐞𝐫 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐰𝐢𝐥𝐥 𝐥𝐞𝐚𝐝 𝐲𝐨𝐮𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐭𝐨 𝐝𝐞𝐯𝐞𝐥𝐨𝐩 𝐠𝐥𝐨𝐛𝐚𝐥𝐥𝐲 ? 𝐖𝐡𝐚𝐭 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐝𝐨 𝐲𝐨𝐮 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 ?
Guest:
our community is everything to us
we have a large group on telegram and we keep them involved in everything
they have proved to us that they are behind this project no matter what, and we have a duty to keep an open level of communication with them and involve them with our decisions
for that reason, we keep it real, our admins are real humans who are trained,
we have contests going on at all times
we have have different languages communities, and strong social media presence, here is a list of them
Official Telegram Groups:
English Global: @DXBPay
Vietnamese: @DXBPayVN
Japanese: @DXBPayJP
Persian: @DXBPayIR
Spanish: @DXBPaySP
Russian: @DXBPayRU
Korean: @DXBPayKR
Arabic: @DXBPayAR
Website: https://dxbpay.cc
Our Offical email address: admin@dxbpay.cc
Twitter — https://twitter.com/DxbPay
TikTok — https://www.tiktok.com/@dxbpay
Facebook — https://www.facebook.com/DXBPay-104010111894944
YouTube — https://www.youtube.com/channel/UCvRIYjlHDFm-SPpkpfDRxmQ
add to that our expansion with centralised exchanges that provide additional exposure to different investors,
listing with LBank is an honour to us, and we are happy it is the first exchange to list DXB, but it is only the beginning,
add to that all of the features our smart contract performs which is on its own attractive and creates buzz
so i think for a project that is only few months old, we are on the right track to reach the globe
oh one more thing
you know you are successful when you start to see fake group taking your name and trying to trick people
Second Section
@Jamikawhaley65
This is a program started by some loyal investors and members of the community, we did not start it but we support it, in saying that, it only shows how strong is our community to start a club in our name with a goal to support the project
Guest:
This is a program started by some loyal investors and members of the community, we did not start it but we support it, in saying that, it only shows how strong is our community to start a club in our name with a goal to support the project
@Starrcintron1990
Can you please share about your burn system and buyback system? How does burn work for your token?
Guest:
2% of every transaction is sent back to the LP to support the token price floor, and 2.5% is sent to the burn address, while the last 2.5% is exchanged into BNB and distributed to holders proportionate to their holdings. we also have a cycle burn wallet that is locked and has its own smart contract to burn 5% equivalent to all sold tokens within 30 days cycle, so you have large monthly burn also
@Gena_Durr_1996
what companies are you partnered with or seeking to partner with in future ?
Guest:
most of our focus is on collaborating with non crypto projects to offer a chance for our adopters to benefit from their crypto, and to bridge the gap between the crypto universe and the real world, in my opinion a cryptocurrency is as strong as what you can do with it, and we are strengthening our use case
@Ida_Coyne_1998
Most people judge a project by its token price. So, what is your plan to maintain the token price? Will there be some kinds of burning/buy-back program?
Guest:
I don't think token price is the only indicator, as it's volatile and can be affected by many factors, community’s support is what rates a good project in my opinion, and not in the size of the community, but in the trust of them
@ramonalerner
Which market, partners and community are you presently focusing on collaborating with at the moment?
Guest:
In the mid-range, we want to offer DXB to as many people through listing with reputable exchanges, on the long run we are already working with non-crypto projects to adopt our application and offer a secure payment method for both merchants and users, we are mostly focused on international chains at first
I want to apologize to those I couldn’t take their answers to due to time and wish to invite them to visit our telegram channel to communicate with our super helpful and friendly admins.
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