LBank AMA Recap with $RXT
On 22 November , we held an AMA with the $RXT 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.
GUEST 1 : My name is Adi Izmar, I am the Chief Operating Officer of Rimaunangis Digital LLC. I am responsible for the overall operations of the company and business development.
Guest 2 : hallo, my name is doncarlito, i am Chief marketing officer of rimaunangis digital LLC
Sure. We started off as an agriculture company running Food Security Program for the last 11 years and we are based in Malaysia. Earlier this year, we ventured into crypto world through our NFT collections backed with real agriculture business from our traditional business. What we are mainly focusing right now is building the whole ecosystem, our VR Metaverse game with P2E concept and to strengthen our Food Security Program by expanding into crypto world. We aim to have our own blockchain by 2025.
Question 1 :
Q1: At Present, Crypto Market is experiencing a dip and all tokens are dropping in price even with great partnerships, hype, marketing, working products, etc. So, what challenges do you have and plans to make your project strong and sustainable? Do you have buyback Mechanism?
Guest Answer : thanks for great question..
The challenges we face are of course building investor trust in a bear market situation which has the effect of long term investors turning to short term investors, to overcome this requires accurate and massive education regarding what rimaunangis is, it is important to let people know that rimaunangis builds all of its ecosystem to create demand for products, if the demand for the product/ecosystem is high, then people buy RXT no longer for trading but the needs of payments tools in our ecosystem
Question 2 :
Q2:According to the investor point of view , I am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your token over the existing one? What is your token advantage that can convince me to change from my favorite token?
Guest Answer : We are one of the pioneers for tokenization of global Food Security Program. Our Metaverse project incorporates our existing agriculture business and at the same time, we are creating a full ecosystem powered by our own native token ($RXT) to give you full experience on the Metaverse with final steps of the plan include launching of our own P2E VR Metaverse game and developing our own blockchain. All of our NFTs collections come with an investment program and backed by real, insured agriculture assets.
Q3:How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project? what’s the future plan for blockchain devolvement?)
Guest answer : We have 11 people on the core management team. These are all veteran people with influence and expertise on financial sector, international business, technology, crypto and agriculture. We aim to have our own blockchain by 2025 and currently, we are managing our data entry points to build our blockchain.
Q4 : For a project development first of all main is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how your project generate the profit?
Guest Answer : As a business entity, we have been running for more than 11 years where we shaped the way smart farming and overall agriculture business is done in Southeast Asia. Also, we managed to raise enough funds through private selling and IEO with our $RXT token.
Q5:Many projects like to talk about the long-term vision and mission, but the user wants to see results quickly. What are your short and long term goals? What are you focusing on right now?
2- What are the points in your project that will appeal to us and encourage people to invest in you? How much do you trust the security infrastructure of our project? Have you had someone outsourced tested it?
GUEST Answer : First part: In the long run, we want to become the biggest organization that runs global Food Security Program with crypto and Web3 applications. We are also in the midst of building our own Metaverse VR game with P2E concept and this will take off by next year (2023) and our own blockchain by the year 2025.
Second part: Firstly, this is one of the crypto token project that include existing business on the real world. Secondly, our native token have an underlying asset of raw diamonds worth of USD $10 billion and all of our agriculture assets are fully insured at premium to protect the assets and your investments. In terms of our infrastructure, our platforms are already up and running which include NFT marketplace and these are all currently active with users.
Community Questions :
Question 1 : Can you share your social media links so we can keep ourselves updated? @adiizmar #RXT
Telegram username — Nguyen Thank Hong
Guest answer : 🐯 Facebook
Question 2 : Can you give an overview of your Tokenomics, and the UTILITY of Token? #RXT
Telegram username –Nancey ha
Guest answer : Hi Nancey, We have a total supply of 2 billion token and 40% is allocated for public sales. The token will be utilised across our platforms and soon, our P2E VR Metaverse game. The reason behind this is to promote the trading of our token. #RXT
Question 3 : Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform and keep them long term. #RXT
Telegram username — Genevie Barklay
Guest answer : thanks genevie..
Since august we have been carrying out activities related to marketing needs, working with CORE, A community that houses 26 crypto communities in Indonesia, we also working with some tier one global influencer like Gollum, venom, Caesar and many more. But what we have done is only the smallest part of our marketing plan, there will be huge marketing after all the ecosystem for rimaunangis ready, therefore we are currently working extra hard to build partnership with several entities in the real world to support the ecosystem that we are building, in the future rimaunangis will prioritize the satisfaction of our users and investors who will be our best marketers
when we talk about marketing we also talk about sustainability, Talking about sustainability, rimaunangis focus on basic human needs, food, clothing and entertainment, these 3 point will and have been become basic human needs from time to time, Because of that we are believe that rimaunangis will be sustainable for a very long time.
Question 4 : What is the most ambitious goal of your project? Could share with us any Upcoming Updates? @adiizmar #RXT
Telegram username — Coretta Townes
Guest answer : Hi Coretta, firstly, as an agriculture company with a running Global Food Security program, we aim to end world hunger and make food accessible and affordable for everyone. We can see the potential of maximizing our potentials on this through crypto and Metaverse applications. Right now, we are in the midst of opening offices in several regions to broaden our market. We also aims to onboard non-crypto users to our platform with some educational videos to help them understand cryptocurrency and it’s application on the real world.
Question 5 : Do you have a AUDIT certificates?
are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
Telegram User : Riya akter
Guest answer : Hi Riya, we are currently in the process of audit with Certik, and soon we are going with Skynet and Skyshield for the next phase.
Question 6 : What’s the biggest challenge you are facing now? And how Rimaunangis handle it?
Telegram username : @Zach1908
guest answer : Hey Zach, great question. As mentioned before, we are running Global Food Security Program and now we incorporate this program and our traditional business into crypto world. As you can imagine, there are a lot of areas to be discover and there’s not much case study on this as we are one of the pioneers. However, through expertise on technicality, financial and international business from our team, we are able to move forward and bring new elements into crypto and Metaverse world. This indirectly will impact non-crypto users and increased their confident on choosing crypto platforms to expand their businesses.
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