Bitcoin Forum

I think this is the first time I saw a thread with some animation out there. How is possible? Did they use gif?

Where is this coin/token based? They have their own blockchain right?

This type of platform solely user-friendly for the newcomer not the existing people who are already been engaged with the cryptocurrency platform, whatever the

case is, this is going to put a huge impact for the beginners as well as potential community of the cryptocurrency. for massive adoption of cryptocurrency, this type

of linking platform will bring a good outcome in the coming days for sure.

As i see from road map implementation and integration of defi was in october and testing and launch will be in november. So how it goes?

does this project already tradeable on exchange now, and if yes, what exchange to buy this dfx ?
because 45% rewards is good and i want to stake this dfx token

When viewed from the roadmap it should already be listed on the market, but after I looked for it, I didn't find it or maybe they weren't sure which exchange to list on? or even I am not thorough but I don't know

Based on their roadmap it's not tradable yet, it still in progress I thoughts. They planned to list this DFX either in uniswap and CEX after token issuance, I'm not really sure about their issuance I just assume it around next year (after seeing their roadmap).

Since the alpha staking phase already opened I think it pretty wise to ask them how to participate in (if open to the public) and the walkthrough (if any).

Our main focus is to develop Highly user-friendly solutions but we are not just targeting inexperience crypto enthusiast. Experienced users will be able to provide trading services etcetera.... for inexperienced users. Having said, DeFiXy Protocol is a platform for all.

Please read our whitepaper at https://defixy.com/whitepaper for better understanding. Thank you

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Partly correct, implementation and integration of defi started this month. All the milestones are shown in timelines on our whitepaper, timeline for DeFi is Oct. - Q1 2021. We are working towards launching our DeFi services in Jan 2021 all things been equal.

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Not yet tradeable. It will be listed after token issuance. Tokens will also be tradeable (swappable) on DeFiXy during and after token issuance.

Details on token issuance will be published within the coming week but unofficially, it is scheduled to start on the 15th of Nov.

To add, our alpha staking is live. This means that holders of DFX will be able to stake DFX and enjoy up to 45% rewards.

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DFX is not yet tradable but will be in Nov. after our token issuance.

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Token Issuance is slated to start on 15th Nov. Tokens will be tradable on DeFiXy on and after token issuance and also on other exchanges after issuance.

As our alpha staking is live, buyers of DFX will be able to participate as soon as tokens are purchased.

[moderator's note: consecutive posts merged]

Yeah, I have gone through the white paper of yours, it seems like a very potential project regarding cryptocurrency platform, I know when you can remove the barrier then people will come in and this is how mass adoption will be happening in the future, it's harsh but true that cryptocurrency platform still in a complicated shape and newcomers can't find an easy way to come in, All the Best.

Do you also have the plans to start a bounty campaign for this project ?
That will be good for the marketing and also for the bounty hunters who will get few DFX token which may worth a lot in future.

.

Yes, we are currently preparing our bounty campaign. It will be announced by the team in charge of the campaign as soon as possible.

Regarding bounties, I read on your whitepaper there's 2 type of bounties, Developer Bounties and Marketing Bounties.
Developer Bounties is something new for me can you describes more about Developer Bounties? Considering that the percentage of allocation is 3 times much more bigger than marketing bounties

Developer bounties are essentially bug/development bounties. These are rewards that are paid out to developers who find critical flaws/bugs in our codes and/or rewards paid out to developers who contribute to the development of DeFiXy over time.

The Developer bounties is more evenly spread over the span of the project as indicated in the roadmap hence, has a much larger percentage.

oh i see, so for now there is no place to trade this token right ?
does thats mean i should wait in the next couples of weeks to get the dfx tokens or i can buy this token at uniswap now ?
thanks

Correct, DFX is not trading at the moment, not even on uniswap. You will need to wait until 15th Nov. when token issuance will go live. Trading will follow after sales.  Thanks for your interest.

Usually we all know the P2P MarketPlace is working for the favour of the user in order to create a link between barter or asset and any supported fiats, on the other hand, DeFiXy is going to set up an integration of a user interface which is highly user friendly so these two platform will create an easy way to connect with blockchain system, I think this is one of the coolest linkage for new comer also helpful for the old buddies.

Yes, you are right and this was partly motivated by the experience of a couple of our team members. I personally, I got into crypto in mid 2017 and then, it was really challenging. Till date, when I speak to different individuals who are new to the crypto space or have interest in it, the common denominator I deduce from such conversations is the complexity. This is what DeFiXy Protocol is here to fix and we won't do it alone, we plan on partnering with key crypto players that will contribute towards achieving this.

Development Bounty is to reward developers and coders for contributing to the project (project owners can decide and specify other tasks and requirements too) in finding bugs and testing products. The budget is higher for the obvious reason and that is the development is a very high profile activity and it is not as easy as doing normal tasks like making tweets and sharing posts in social media platforms. That's why the developer bounty has to be higher.

The developer's bounty is not a new thing. Bug bounty is also a kind of developer bounty which is very famous in the mainstream industry. Google, Facebook, Paypal, and so many other projects has been doing bug bounty and paid millions of dollars till date :D.

You are right. It is new to some some people though, just as marketing bounty is also new to some other set of people still :D. Thanks for following our ANN

You started this project pretty well, the roadmap started in April as well as the DeFixy Twitter account. Where can I find information about the DeFiXy team? other than that, does DeFiXy have any partnerships?

Partnership is vital in the success of every project. This also demonstrates that the project is serious in developing their platform to something useful to the community. As they aim to connect fiat economy to crypto space, they really should have actual collaboration with companies. And would be great if they will published those companies to see how far they have gone to this area.

In recent time, Bitcoin price is getting high, but on the other hand the condition of alternate crypto market is not up to the mark in the meantime, so isn't it a alarming moment for a new crypto project to get established or run in this momentum? I don't know what is coming to us regarding alt-coin's price, but I ma getting worried about this issue because I've invested a bulk amount of BTC to alt-coin.

Profiles of team members will be made public. This information will also be made available on the website after updates. No key player partner has been confirmed yet. We have reached out to a few that we deem to have expertise/technology in areas of our needs. These entities from both the crypto sector and from non-crypto sectors.
Again, DeFiXy Protocol is still in the early stage, for sure, with rapid developments and growth, lots of partnerships would be made.


We are collaborating with companies that can meet our current technological and developmental needs. No major partnership with a key player has been confirmed but we have reached out and we are still reaching out.
 As we are still in an early stage, lots of key players and companies would like to see our developments before jumping in. But one thing for sure, we are developing our platform rapidly, as such, key partnerships would be established soon enough.


You always hear this; cryptocurrencies are highly volatile. We have seen this trend countless time…. The Bitcoin cycle and its effect on alt coin price. One of the main reasons for this huge volatility is adoption, and this is our main focus. You can agree with me that adoption will drive the much-needed stability (to an extent).
Also price up or price down should not be the deciding factor, a great project or great projects that are developing real world use-cases should not be discouraged from sharing these real world use-cases with the community

DeFiXy protocols offer easy to use solutions for inexperienced users both in trading crypto products and in DeFi without the complexity involved ;)

Bounty Campaign coming soon! Stay Tuned :)

EDIT- Bounty is live - https://bitcointalk.org/index.php?topic=5285392

It's true that Bounty Campaign is very potential for the promotional purpose but in recent time most of the bounty rewards didn't bring value as much as we have expected, I hope through this Bounty Campaign DeFiXy project will get a high focus within the cryptocurrency world by Bitcointalk forum, if the value of this token would get high then the participants also will get a good reward, Hope for the best.

How long the campaign will run? I try to find out but seems like the time line not yet available

 yes a great step for any project to performance the bounty and it also a big thing for a project marketing rather then the increase income of bounty hunters

Bounty thread updated with all information, check now!

Campaign Duration is 1 month, I think I am interested to join the Twitter Bounty. May I know when will you send our stakes after the campaign? I hope it will not be next year  :D :P

hello whether sales will only be made at uniswap? why. do we not enter it into the Exchange (IEO) or in the form of an ICO? After I made a transaction at Uniswap, it cost me a lot of transaction fees which made me think about doing transactions at Uniswap

Sales will not be made on uniswap, we are going to deploy an in-platform sales infrastructure by next week. It will still be decentralized (i.e, connect with metamask etc to buy token) but other than the typical transaction fee on the Ethereum network, there will be no additional cost for buying tokens as it is the case with uniswap.

Hope this addresses your concern?

^ I think the goal of the DeFiXy platform to bridge the fiat and crypto world is very good and should be appreciated.

^ Moreover, DeFiXy wants to be a platform that allows ordinary people who barely know cryptocurrency to use crypto features easily and comfortably. This is very useful for global users.

^ I hope that in the future DeFiXy will be a successful platform in the market  ;)

Yes, I also think that this DeFiXy project is going to be a good platform for the newcomer and in general people because it has created such a good way in the cryptocurrency world, I hope it will be used as a link or bridge between fiat and crypto world which is very essential at this time because this crypto platform has been recognised as one of the potential platform for making a good future.

if the DeFiXy token sale is carried out on the platform, do we have to connect the metamask wallet we have with https://defixy.com, if so what about the security of the metamask wallet

Metamask wallet is secured in itself. Regardless of the platform or dapp been connected to so security is not an issue. First of all, all interaction or transaction with DeFiXy will only be approved with a confirmation on metamask (external the the DeFiXy platform) and if you are well familiar with the wallet, you will know that DeFixy or any other platform you may interact with using metamask has no access to your private key or mnemonic phrase.

In addition, security is of outmost importance and we have taken such measures to guarantee that and also, it is the reason that we choose this approach.

Do this address your concern?

I don't know if this question have been asked already but am just going to ask it anyways, tell me why there is no team information both in your website or in the whitepaper? Am sure I have gone through both to seek that information but I couldn't find any, except perhaps it is somewhere and I miss it,
I know you are trying to be active here but it is equally important to have the background information about the team, thank you.

This question has been addressed previously but I am glad to visit it again.

Yes you are right, it is  vital to have information on team, we will add these information on the website and also release version of the whitepaper with this information in coming week. Leaving it out was intentional as we are still building our team and we rather release a full, well structure team makeup.

For our current development needs, we have a broad range of technology support, spanning from highly experienced individuals in the space to blockchain companies. Some of these individuals are part of the team while some are just consultants.

ok thanks for your answer and I will wait for the sales infrastructure about the DefiXY protocol, and I'm not worried anymore, glad to see how clear the sales will be next week
have a nice day

Guys, checkout a good review video of the features that DeFiXy is developing.

https://www.youtube.com/watch?v=hl6aB9vQBHo&feature=youtu.be (https://www.youtube.com/watch?v=hl6aB9vQBHo&feature=youtu.be)

The video was created by https://bitcointalk.org/index.php?action=profile;u=2592020

I am happy with your answer and that means our Metamask wallet is still safe?
how long the token will be send to investor after make a payment for  pre-sale or public sale

Yes, using metamask to purchase tokens is safe.

The purchased DFX tokens are sent as soon as the transaction is confirmed on Metamask. It is just like purchasing a token on uniswap so it is realtime. The only difference it that there are no additional fees except the ethereum network fee.

The good thing about this approach is that this is actually a mini decentralized exchange for DFX. Which mean that in addition to the exchanges that DFX will be listed on, holders of DFX will always be able to trade (Swap for ETH) DFX on the platform even after token sale is over.

So the token sell has not started yet, isn't? Since I try to click the "Buy on Uniswap" button did not direct me to somewhere, it just bring me to the top of website. Do you mind if you reveal a little info about which CEX is your target for listing your token? All I know, your platform is a sure thing for that. Btw your bounty campaign seems growth, I hope that is a good sign. :)

You are right, DFX token is not yet trading, tokens will be available for purchase starting on the 15th of Nov. We are putting everything together for the sales, and before the close of the week, the site would be updated with the sales dapp integrated.

About CEX, I cannot say which as none is confirmed yet. We sure are submitting listing applications to multiple common CEX that most people are familiar with, ranking from the average ones to the top exchanges.

As soon as any is confirmed, we will announce it.

Thanks for following.

https://i.imgur.com/eBwDRlQ.jpg

Dear community, @Tokensfund will hold an AMA with defixy.com on the 6th of November at 01:00 PM UTC in the DeFiXy Telegram Chat!

 (https://t.me/DeFiXy)The rewards pool for the best questions is $125 USDT!

In addition, 5 lucky winners will receive $25 USDT each to subscribe to the social media and filling up this form
👉 shorturl.at/vBJVW

CHAT 🗣 https://t.me/DeFiXy

Get to know more about the Co-Founder: https://www.linkedin.com/in/shola-otitoju-03b41b3b/

Wow, That's a good thing for those who is eager to know more details about this project, it's really a good initiative for sharing information to us about this project. surely it's gonna be a enjoyable and learning session for me, can't wait to join.

Where is your team? I mean that on your site any nfo about team. I just have seen one of your team member on twitter where your one co-founder will take part in AMA. But what about the rest part of your team?

 This was answered previously, here you go:

It is  vital to have information on team, we will add these information on the website and also release version of the whitepaper with this information in coming week. Leaving it out was intentional as we are still building our team and we rather release a full, well structure team makeup.

For our current development needs, we have a broad range of technology support, spanning from highly experienced individuals in the space to blockchain companies. Some of these individuals are part of the team while some are just consultants.

Yes that was necessary information to be provided, since he say this I think we can wait for that information together with the release the full version of the whitepaper. I just want the AMA event later to be noisy with lots of questions coming up. Also there is a reward in the USDT, so I think a lot of people will be interested in attending that time.

is there will be initial token offering on exchange or you just selling token through Uniswap? info about your team must be open for public before token sale.

What features are you offering that others DEFi still haven't?

Token sale will be on DeFiXy. By connecting with metamask, you will be able to buy tokens from next week.

Have you read our whitepaper? If you have, you will see the features offered.

Basically DeFiXy Protocol is a platform for Crypto Assets and products like amazon for example, which want to reduce the gap between fiat-driven economies and the crypto space.

What DeFiXy exactly? I thought that this is just another one DEFI. Thats why I asked: whats unique features do you have that still has not Uniswap for example or any other DEX (DEFI)?

If you read through the whitepaper, you will see that DeFiXy focus is on developing p2p marketplace for all kinds of crypto products and also a DeFi outlet. There is more to our p2p marketplace as it is a blend of the conventional p2p marketplace where direct trade can occur from user to user and a typical liquidity dex similar to uniswap. The twist is that by the integration of our dual-rewards/interest mechanism which is based on the DFX token, users can trade with zero additional fees (except the network fees).

Also our DeFi outlet uses the same mechanism. By which lenders enjoy great ROIs while borrowers can enjoy as low as zero interests on loans depending on lockup thresholds and asset blend ratio.

The final feature is the architecture of our platform (in development), a three layer platform: Fiat layer on top of a crypto trading layer on top of a crypto storage layer. Two categories of traders exists; The inexperienced, hence trading on the Fiat layer, with our solutions, such traders can trade and hold say BTC and ETH in a single wallet without having actual hexidecimal wallet addresses, while the experienced users trade on the crypto layer. Such traders are the mini-kiosk operators, they are incentivized to manage sub-accounts trading activities for the protocol.

So in summary, DeFiXy protocol is not just offering Dex and DeFi services, but offering them in ways that foster scalability and promotes adoption.

Checkout an In-depth overview of DeFiXy Protocol at https://defixy.medium.com/an-in-depth-overview-of-defixy-protocol-a-feature-packed-cryptocurrency-platform-14594c440a29

First AMA on 6th Nov. at 1pm UTC, it will hold at https://t.me/DeFiXy. Don't miss it.

AMA starts in 30 Minutes!

https://t.me/DeFiXy

What's announce about token sales? Defixy will gone ieo or ico? Your project explain very well and clear road start even at this time we should follow ieo for successful token sales. I am impressed and waiting for this project token sales announce.

https://i.imgur.com/qKYJ6DN.jpg

🔥🔥🔥🔥 Token sale is Live🔥🔥🔥🔥

🔥 Where to buy tokens:  https://exchange.defixy.com/
🔥 Token Price: 0.00112 ETH/DFX
🔥 Limit: No Limit
🔥 Duration: 9th to 30th Nov.

New information came back on this project. Great because it will make a lot of people see that this project is active in the future.

So for now people can buy tokens only with ethereum and only on DeFiXy. Will purchase be available with other cryptocurrencies later and on other platforms?

Only at listing, DFX would be listed on both DEXs and CEXs and for different pairs not just ETH. For now, you would be able to buy with ETH.

How confident are you that you can achieve your target funds via selling your tokens in your own exchange platform? Right now, there are 17 addresses to have your DFX token and more than likely the top 2 holders are owned by the team (and maybe even up to top 10 holders). If in case, you can't get the funds via selling in your own exchange, what's the next plan from your end, to continue this project?

Your are right, almost all the wallets that are holding DFX as at now are the project's tokens for the different allocations. We may not achieve even close to our target funds at this rate. Notwithstanding, the project will continue.

We plan to have the token sales held on multiple platforms but even with that, if we still do not hit our target, the project will still continue.

We understood this from the start that there is a thin line between a successful project and a failed one. Most of the projects that are successful today are so not just because the project were supper awesome but because the team had (have) enough funds to keep building.

At that, we would do all it takes to keep building DeFiXy Protocol's technology. At some point, when the platform is developed enough, investors will pour in, this is inevitable.

Hi this token will be listed on UNISWAP after token sale or any date planned yet? and also if listed on UNI what will be the initial price? Sale price now is $0.5 and on Uniswap listing is different right? because for example in other projects the token sale price is like $0.01 and on uniswap listing it will be $0.015, thanks.

Yes, token would be listed on uniswap and other exchanges. As token sale is at a fixed price of $0.50, the initial listing would be at this same price.

Same error for me, maybe it's the problem with the server. Probably they will fix it until tomorrow, lets see what happens.

The issue has been fixed. Thanks for letting us know.

I found that there is an mini exchange, I opened it and I tried pressing 'connect wallet "but the error display, is it not ready to use yet? I guessed that it is the MVP version, but not. :( I hope that in the future, the appearance of the mini exchange can be even better, because now it looks very simple.

The mini exchange works. You are currently able to buy and sell DFX on it. Maybe your wallet (metamask) is set to testnet, that would give you an error because the exchange is currently on mainnet

I though it was an error. Sorry, yes it works for me now. I'm so careless, who did not pay attention to the important thing and did not check whether the metamask network was connected to the mainnet or not. Wish your currently sale progress running smoothly.

I'm glad to hear that such strong statement from the team, so if the sale not hit the cap, the project still continue. but that's not an option, I sincerely hope that at least sales reach the point where the funds needed for the project development. Surely you can do that, I believe you have so much plan to make it more interesting in the people eye.

It's positive to hear that project will go on whatever happens in sale. That should bring more people in cause funds can speed up the process of advancing the project.

I'm glad to hear this, but I'm also little bit worries about that.
Good point if your project will continue whatever token sale result, but then your next statement said that most successful project is also had enough funds to keep build and develop the project itself.

In other word: The Token Sale is need to be success so the project had enough funds to grow and well developed.

The next statement was just to emphasize the importance of funds for development. But like I said, we are currently building and will continue building regardless of sales outcome.

https://i.imgur.com/bmdI93M.jpg

We are currently building our DEX/P2P Hybrid marketplace, here are some of the features to expect:

• Liquidity DEX trading feature (like Uniswap) but with as low as zero trading fees (except network fee). With added technology that absorbs excess pool volatility
• Secured P2P trading feature with which users can deploy customer p2p swaps
• Decentralized Token sale/auction protocol with different tiers. This is intended to help projects grow with ease. At the same time, features that also protects investors integrated.

Stay Tuned!!


Token Sale is Live - https://exchange.defixy.com/

Many thanks to our supporters.

We are dreaming here to have an online store that we can use btc and alts to buy their product, which is up until today it is very limited, I wish that someday online store will launch and cater all cryptos in their store, Wishing good luck for this project.

The defi hype is slowly dying down which means investors are no longer too crazy to invest in just about any defi project, the reason why am saying this is because of the price, at $0.50 per token I think is too pricy, I have seen some defi (potential defi project so to speak) whos price were not close to this price but the ieo price was not sustainable, the dump was inevitable, at the end those who didn't participate in ieo will buy the token at cheap from dumpers,
In my opinion, this certainly too pricy because of the current market situation.

Some of the so called DeFi projects are just labelling themselves as DeFi projects just to hop on the DeFi hype ride. We are developing solutions to real problems, real use cases so we are optimistic about growth.

Most projects that get dumped after IEO/ICO are projects that had different tiers of sale and/or private investor's sale and/or team selling/dumping on investors. I understand why you could think of $0.50 as too pricey but we do not think so. Only 4,000,000  tokens would be available and in circulation plus tokens distributed as alpha-staking rewards which would put circulating supply still way below 6,000,000 if all the rewards pool are distributed. At an evaluation of about 2m is fair.

And to add, if only 1m is sold, this would be the only amount that would be in circulation.

Sales may not be great but when a sizeable portion of our technology goes live within the next 6 months period, we believe that DeFiXy platform will gain adoption hence the value of the tokens.

For me the most interesting part is that DeFiXy protocol will integrate card payment solutions which will allow users to directly spend crypto assets but it will be able only after meeting the regulatory requirement of target regions

That is good idea since there aren't many good services that do that. Hope we see this be one of that good project in future.

Do you really understand about the above, do you mean that the token can not be sold and depends on what area you are in. Or I misunderstood

How could you know that the fact about this DeFiXy project?
if really it happens then it must be a good step forward for both blockchain and user, because card payment solution will enhance the popularity of this system and people must get interested in investing here. Let's see what will happen.

don't see any information on deFiXy social media, yes, the last information is from November, and now it's December they should make the latest information there, unfortunately I didn't follow them on telegram you can get the answer there

As it said dual-layer marketplace allows inexperience users to trade crypto without the complexity involved. I think it is good, as not all traders are very experienced and they need an easy solution in the beginning