LBank AMA Recap with $MODEX

LBank Listings&Projects
4 min readDec 22, 2023
LBank AMA Recap with $MODEX

On 20 December, we held an AMA with the $MODEX team, hosted on LBank official telegram channel. If you guys had missed this session, here’s another chance to get a full transcript of the AMA event.

INTRODUCTION

LBank AMA (Dec 20th, 2023)

Chosen 5 questions

  1. What are the next steps for the Modex token project going forward? On which exchanges do you want to list your project apart from LB and Uniswap?

Our next step for the Modex token is to further incorporate it as a utility token to power the Modex ecosystem

We greatly appreciate the enthusiasm and interest from our community regarding our listing plans. Currently, LBANK is our primary exchange, and we value the strong collaboration with their platform.

While we are committed to fostering our relationship with LBANK, we also understand the importance of expanding our presence to reach a broader audience. As part of our strategic approach, we are exploring opportunities for future listings, and we are in contact with different platforsm for potential listing in the short term.

Rest assured, any decisions regarding new listings will be communicated transparently to our community, and we will always prioritize the best interests of our users and the overall Modex ecosystem.

2. Which technology is Modex known for specializing in? or What is the total supply of Modex Tokens?

Modex specializes in blockchain technology and aims to provide tailored technological solutions and development services that leverage Web3 technology to address various business challenges.

Modex total supply is 266,399,993

Total Supply = # of coins in existence right now (minus any coins that have been verifiably burned.266,399,993

“Max Supply = maximum # of coins that will ever exist in the lifetime of the cryptocurrency.

“266,399,993

3. Can you tell us more about the milestones your project has achieved so far?

One of the most significant achievements in the past month has been our partnership with FIFA leading the operation and management of the FIFA+ Collect platform. This is a major milestone in our journey, showcasing the best Web3 strategies to increase community engagement and improve the digital collectibles space.

In parallel, over the last week we’ve successfully orchestrated two major NFT drops — one on FIFA+ Collect and another on OpenSea. The response to these launches has been overwhelmingly positive, with both collections selling out rapidly. This accomplishment not only underscores the growing interest and trust in our project but also demonstrates our ability to effectively operate in multiple high-profile NFT marketplaces.

These milestones are not just about successful sales; they represent our commitment to innovation, our ability to adapt to dynamic market environments, and our dedication to delivering value to our community and stakeholders. We’re thrilled with these achievements and are excited about the potential they unlock for the future of our project.

4. How does MODEX Tech. ensure security and privacy in its Web3 Solutions?

At Modex Tech, ensuring the security and privacy of our Web3 solutions is a core priority. We integrate advanced encryption techniques to safeguard data and transactions, providing a secure environment for our users. Embracing the decentralized nature of blockchain, we leverage its security benefits while minimizing risks associated with centralized systems. Additionally, we stay compliant with key data protection and privacy regulations, demonstrating our commitment to responsible and ethical data handling.

We work with the most secured and battle tested protocols and projects to make sure that any community we engage with is as secured and protected as possible, and we wrap it all with most advanced security audits performed in-house and by external partners

5. What message would you like to send to the community

We strongly value our community support and all the feedback we receive from them; our goal is to execute our strategies in the most efficient way, which will bring value to the project and valuable utility for token holders. We are very proud of the excitement within the community over the past few weeks since we announced a collaboration with FIFA.

I want to express and share my confidence with the community on the token’s future utilities and demand.

As we continue to grow our business, as a team, we are always looking for the best approach to integrate the Modex token into existing web3 ecosystems, thus continuously adding new utilities for its holders.

Our marketing plan will continue to provide new incentives for crypto holders to own the Modex token, as it will open opportunities to become part of a unique global community first engagement platform bringing the best and most exciting web3 activities to the world.

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