Thank you for the detailed response. So, are you planning to issue Visa / MasterCard?
Yes, if we obtain Visa/Mastercard Principal Member status. This is one of our tasks. |
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In short, the point is that the bank will provide operations in the framework of our ecosystem with fiat, and the payment system will provide operations with cryptocurrencies. So far, these two worlds are separate and come into contact only on crypto exchanges.
Can you tell me in detail. I'm in no hurry.) Ок) In relating the details - the bank will provide a number of unique services, which are not directly related to payment systems. For example, resale of liquidity, deposit storage of fiat and cryptocurrency on cold wallets. The bank’s basic role is to support all the Azbit ecosystem services and thereby reduce internal operating expenses and increase profit. Bank’s services: -Payments and accounts in a variety of national currencies -Crypto-fiat exchange, and vice versa. -Deposit accounts -Segregated accounts -Brokerage -Payment cards -Credit cards (in case of obtaining Visa/Mastercard Principal Member status) Our payment system will provide support and processing for all online and cryptocurrency payments. At the same time, the bank will carry out interbank transfers in the fiat currencies. That is, the functions of the payment system will include: -Online exchange between users -Online payments -Built-in currency conversion -Instant Exchange -Fiat currency exchange -P2P debt platform -Cryptocurrency portfolio-backed P2P lending |
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Why do you position your banking service and payment system separately. Is it not the same thing? You introduce the credit system in the description of the payment system – it’s also a banking service, isn’t it?
In short, the point is that the bank will provide operations in the framework of our ecosystem with fiat, and the payment system will provide operations with cryptocurrencies. So far, these two worlds are separate and come into contact only on crypto exchanges. |
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Will it be possible to buy bots for AZ tokens?
We’re planning to develop them on our own - there is a good experience of bots development for the forex market. We will provide the possibility for users to trade their development bots on our Algo market as well. The procedure for the acquisition or renting bots will be determined closer to launching this service, and by the way, we plan using AZ for this. It is possible that the bots can be partially or completely bought for our utility tokens. |
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Azbit, why don’t you sell tokens for fiat? For example, I'm interested in your project, I want to buy your tokens, but I don’t have cryptocurrency.
What’re you doing on Bitcointalk, guy?) Don’t confuse it with Amazon ) What’s the point to invest in a cryptocurrency ecosystem if you’re not gonna to deal with cryptocurrencies. You also have to create ETH-wallet to get dividends. Dividends are paid in cryptocurrencies, aren’t they? Yes, dividends will be paid to the Azbit investors monthly in Ether (ETH). You can buy our AZS tokens for any of these cryptocurrencies: ETH, BTC, BCH, DASH, LTC (Ethereum, Bitcoin, BitcoinCash, Dashcoin, Litecoin). Well, where can I buy crypto-currencies - maybe you have partner services that can help me? We have a fully functional MVP - Bitsane crypto exchange. It has been working since 2016. Bitsane acts as Azbit partner in the development of the ecosystem. You can buy cryptocurrencies on Bitsane. But in fact, you can do it on any crypto exchange of your choice. |
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Azbit, why don’t you sell tokens for fiat? For example, I'm interested in your project, I want to buy your tokens, but I don’t have cryptocurrency.
What’re you doing on Bitcointalk, guy?) Don’t confuse it with Amazon ) What’s the point to invest in a cryptocurrency ecosystem if you’re not gonna to deal with cryptocurrencies. You also have to create ETH-wallet to get dividends. Dividends are paid in cryptocurrencies, aren’t they? Yes, dividends will be paid to the Azbit investors monthly in Ether (ETH). You can buy our AZS tokens for any of these cryptocurrencies: ETH, BTC, BCH, DASH, LTC (Ethereum, Bitcoin, BitcoinCash, Dashcoin, Litecoin). |
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The investment products you are offering are unique
It would be a good idea to list this on ICOBench or TrackICO and have some of their experts review your project
Thank you! We think it would be a great idea. Just a little bit of patience, please! |
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Что то давно ветка не обновлялась, есть какие нибудь новости поп роекту? Я так понимаю скоро пресейл начнется. И про баунти тоже интересно, планируете кампанию? или будут дропы?
Здравствуйте. Пресейл действительно начнется очень скоро - 1 июля 2018г. Баунти-кампания будет проводиться обязательно, начнется в скором времени, о чем мы обязательно сообщим. А вот дропов нашего security токена AZS не будет. Зато после окончания ICO всем держателям AZS токенов будут айрдропом начислены utility токены AZ |
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Hello, team! Looks very good! Extraordinary idea, sentient design!
Hello, thank you! And yes, we have a great idea to create a highly-functional ecosystem where investors can trade cryptocurrencies, access investment products and enjoy modern banking services! |
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AZS holders will receive dividends from the profit of the entire platform, not only its trade and investment part. Everything's gonna be okay.)
How do you plan to earn in general, except commissions on SAMM, RAMM? Exchange commissions, mining pool commissions, the percentage from incubator’s successful ICO, paid content on the info portal, selling trading robots on the Algo Market, payment system, banking services for individuals and businesses. I think that’s all) |
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For a number of compelling reasons. For investors, these instruments are the possibility to receive passive income, transferring their funds to successful traders. The platform monitors traders and ensures the security of such investments. For traders, these instruments are the possibility for obtaining leverage to raise fundings. In general, everyone wins.
Does the platform get commissions from all of this? How is the profit shared? Speaking of the profit-sharing - the trader and the investor receive equal shares from the profit - 45% each. The remaining part is the platform’s profit from which it pays dividends to token holders, commissions to agents, etc. Do you mean dividends to AZS tokens holders? There can't be much of them, am I right?) AZS holders will receive dividends from the profit of the entire platform, not only its trade and investment part. Everything's gonna be okay.) |
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Something like that has already been implemented on eToro, hasn’t it?
eToro platform doesn’t provide such functionality. eToro only offers the possibility to track the actions of successful traders, which you can copy yourself. No crypto exchange has offered native (built-in) implementation of SAMM and RAMM. |
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For a number of compelling reasons. For investors, these instruments are the possibility to receive passive income, transferring their funds to successful traders. The platform monitors traders and ensures the security of such investments. For traders, these instruments are the possibility for obtaining leverage to raise fundings. In general, everyone wins.
Does the platform get commissions from all of this? How is the profit shared? Speaking of the profit-sharing - the trader and the investor receive equal shares from the profit - 45% each. The remaining part is the platform’s profit from which it pays dividends to token holders, commissions to agents, etc. |
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What‘s the unique feature of Azbit, in your opinion? Will they fly to the moon or go down?  There are other development options, aren’t there?) I would also accept a gradual development. Not necessarily fly to the moon in the very first days and months, little by little, step by step – cool, too. Is this Azbit’s unique feature - little by little, step by step?  IMHO, their main feature- creating the ecosystem for all possible options of using crypto. This as well! In general, we believe that our key feature is a unique trade and investment functionality that has long been successfully used in the forex market - SAMM and RAMM accounts. And why do you think this would cater for crypto holders? For a number of compelling reasons. For investors, these instruments are the possibility to receive passive income, transferring their funds to successful traders. The platform monitors traders and ensures the security of such investments. For traders, these instruments are the possibility for obtaining leverage to raise fundings. In general, everyone wins. |
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What‘s the unique feature of Azbit, in your opinion? Will they fly to the moon or go down? There are other development options, aren’t there?) I would also accept a gradual development. Not necessarily fly to the moon in the very first days and months, little by little, step by step – cool, too. Is this Azbit’s unique feature - little by little, step by step? IMHO, their main feature- creating the ecosystem for all possible options of using crypto. This as well! In general, we believe that our key feature is a unique trade and investment functionality that has long been successfully used in the forex market - SAMM and RAMM accounts. |
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In whitepaper you wrote about the issue of payment cards, but it is not clear what it will be - cryptocurrency cards?
We’re planning to issue bank cards, but at the moment we cannot give any guarantees that they will be cryptocurrency ones. Visa and MasterCard treat cryptocurrency as a rival - you probably know, they suddenly stopped servicing all crypto cards. And what about the other ICO start-ups, which promise to issue crypto cards Visa and MasterCard - I don’t remember exactly ICO names, but I definitely remember there were some. Most likely, you are mistaken – double check websites, all legal ICOs offer prepaid debit cards. You can use where Visa and MasterCard are accepted, but these payment providers have no relation with the issue of such cards. Those ICO and crypto-projects, which promise to issue Visa and Mastercard crypto-cards, are most likely scam. At the current time, Visa and MasterCard do not give the status of a partner to any crypto project. |
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Cryptocurrency financial ecosystem from 🅰️ to Z, that seems ambitious... Good luck for your pre-ico!
Thanks to you! |
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Yes, when will you be open to American?
At the moment we’re negotiating with the SEC on the question of registration. Since we originally created our ecosystem taking into account the requirements (including security requirements) of not only European regulators but also SEC requirements, we hope that registration will be successful in the near future and US citizens will be able to participate in our ICO. |
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And is it the same with AZ token?
Guy, there’s WP, everything is written there. AZ tokens are issued for platform services. SEC ban companies that issue utilities, and then start trading them as shares. All right, Myraidcoins! We’ve created the branch is exactly for communication and answering ANY questions about our project. We welcome all questions - we want to talk about our project as much as possible. And yes, you’re right – we’re planning to issue two tokens to comply with all the requirements of European regulators - at the moment since our company is registered in Estonia. AZ utility tokens will serve our platform and be traded on our Azbit Global exchange. |
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We have much influx of new project in the crypto space right now and its very hard to keep track to the once that may turn out to be profitable investment in long run, but i see more exchange project coming up which is good, i like the idea of AZ tokens been a share that can attract some dividends for holding. Will surely watch this project.
Thank you for your interest and confidence in our project. |
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