Yes problems, solutions. More problems. More solutions. Seems to be the way it goes. In the next few weeks Tradezy will be open for business. We already have seller signing up waiting for it to go live.

Thats always a risk and is something we can not physically control. The market will determine this unfortunately. We do have some measures in place though to help prevent this. Almost everyone on our platform are staking. Staking locks up your AUDcoin for a minimum of 120days. Only a certain amount of members stake each day so it limits how many can sell. We do have a lot of members who want to compound their interest as well and re-stake or only stake part of what they just made. Then there are members who want to use Tradezy.io. To get all your privileges on Tradezy you need to be holding AUDcoin. This qualifies you for a free account. Please also read this

https://aussiedigital.io/news-detail/staking-with-aussie-digital-say-goodbye-to-the-bear-market

That is an interesting question considering what has happened during the last week. Our exchange Tradedo is only small so we would be low on a hackers radar but never the less it is a worry. Because we are small and will only be doing little transactions most of our funds will be kept in cold wallets. With lower turnover it makes it possible to manage things this way. The big guys do not really have this option.Big turnover ,big hot wallets and big target. If we did get hacked we would never suffer from a big loss. The loss would be manageable. We also keep a supply of AUDcoin put aside which is kind of like an insurance policy. We also have some unique security features which we will let you all know when the time comes. So the answer to your question is. We are not insured as such but we do have our own insurance policy to help cover losses through hacks. I think you will find that most exchanges do not even have that. look at Crytopia that got taken out and many others. Lets hope it never happens but it is something that has been thought about.

Yes thats right. This project goes ahead no matter what the result of the ICO. The ICO and presale are more to give people a chance to be involved. More involved the better obviously. Yes exchanges are  sprouting up like mushrooms right now and we all know how mushrooms grow. Love your analogy. Our Exchange is not like a Binance or.... Idax. hehe, That would be  bad right now. Ours is a community based Exchange where it is utilised to carry out not just transaction in trade but also transactions in retail. Same wallet is utilised in Tradezy and Staking to try and make it seamless. All actions are done through 1 wallet. The Exchange is there for people to cash out of the system. Thats the way it will be used unless we get major interest to use it for trading purposes. Then we would look at running it like a full exchange. As for where we are located. We are in Australia. The exchange will not be run from here. We want to keep it no KYC for now so it will be run from a different jurisdiction. Cryptocurrency was made to protect your privacy and we will try and keep it that way. Once again should we grow and transaction grow in size we will look at a full licence in a reputable Jurisdiction. maybe Australia. Tax law is another issue here though. Once we go licensed all that applies. Hope that clears things up a little more for you.

Most offer much higher profits that are not sustainable. 10% sounds a lot and if you compare to banks it is a lot but very sustainable form our end. it is our method of distribution to those who take part in our project.I get asked quite a lot about if people sell wont the price drop. My answer is.

 1. To start they are locked in for a min of 120days on each stake so they can not sell at once. Its controlled. Only so many start a new stake on any given day and so only so many complete there staking period. This does not mean they will sell either. They might chose to re-stake and compound what they just earned.

 2. People need to sell or nobody new can stake. You need AUDcoin to stake and once our fundraising is over  this will be the only way to get AUDcoin to stake.

Maybe it is best to take a look at this article and it will explain why it works.

https://aussiedigital.io/news-detail/staking-with-aussie-digital-say-goodbye-to-the-bear-market

Here is the article anyway. Only a short read

Staking with Aussie Digital

 

Say Goodbye to the Bear market

 

We have had this question come up numerous times. What if the market drops while you Stake AUDcoin? The value could be less than what you started with.

 

Here is an explanation about how Staking works and why it is great in a bear market.

 

When you Stake your AUDcoin the Stake is placed as a Dollar value. So if you staked 10000 AUDcoin and it was worth .01USD per coin at the time you would be staking $1000 USD.

At the time of writing this the minimum stake limit was 120 days. At the end of 120 days you would receive back $1400 worth of AUDcoin at whatever the market value is at the time.. It does not matter which way the market went while your stake was on you will always make 10% of the Stake dollar value every 30 days.

 

This brings us to another interesting point. Not that this is a HYIP but with most you buy Bitcoin to invest with and when you buy you are looking for the lowest possible price you can get so you get more for your dollar. No brainer right!

 

When you Stake AUDcoin the price at the time you buy is not relevant. Here is why. When buying to stake the price at that time does not matter as you are buying to stake. As long as you stake immediately what ever you buy in dollar value is how much your stake is worth.

 

We will use $1000 as an example again. AUDcoin price could be .01USD. It could be 300USD, you are buying $1000USD worth so it does not matter if it takes 10000 AUDcoin or 3 to get your $1000. The stake is $1000 regardless and you earn 10% on that per 30 days.

 

So next time you see Bitcoin prices falling think about AUDcoin and Staking. The Staking Program designed for a Bear Market.

It is a very big project and it is hard to get all info out there at one time. we will though. Not just while we are raising funds but also into the distant future as the project evolves. You wont get any bullshit from our side. We tell it like it is. maybe thats a bad thing for us. Most like to glorify things but we think it is better to keep it real. We work hard to achieve results. We dont talk hard.....

I see your point about the road map. Because this is such a big project it is very hard to put it into the timeline. once we hit our launch of Tradezy we can be more specific about our promotions and marketing goals. Right now it is going on behind the scenes and each week we get more stores involved. As for market share we are looking for those who want to branch out into Crypto payments or those who have had enough of the big guys. eventually 1% of the market would be great or less. Who knows what might happen in the distant future if this is truly a service that small/medium business really does need. Attracting new business to Tradezy would be ongoing as we will push this as best we can. Keep in mid that both the AUDcoin and the project are one. We are not just raising funds for the project like most. Neither AUDcoin or Tradezy work without the other so I think this is good for holders of AUDcoin. Plus they can stake.

Our pre-sale is aimed at encouraging members to stake. Buy a little and try it. Build confidence that it all works and we are legit. As for how long it will run. As soon as Tradezy.io is trading it will stop and the ICO will begin. So right now...buy ,try..no stress. We wont ever put pressure on anyone to buy. Unless time is truly up.

It shows in $ because everyone relates to that but on checkout it shows both Crypto and fiat. Products now are real but they are only there to test. Soon stores will be able to list and the new products will show.

I would have to say the team has been working very hard and achieved a lot over the months gone. So much so that our entire ecosystem is near complete. We have made the mistake of spending too much time on Telegram and not much time here. This will change from now on and we will do our best to build a Community here in Bitcointalk.

Yes we would like to hear why as well.

You should be staking your tokens now to earn 10% every 30 days

Pre ICO The aim is to introduce more people to our Staking Program

Thanks for joining. Our Staking Program is going well. More and more members participate each week. Happy Staking! BTW our new min stake limit is now %10/1000AUDcoin

We just dropped our minimum stake down to $10/1000AUDcoin so more people can try it out

Rather than marketing to raise more funds we are concentrating on development. Our Staking Program is live now and becomes more popular every day. Tradezy will be released shortly to the point where sellers can setup their stores and start accepting payments. In the background Tradedo.io our Exchange platform is being built. Right now we are doing a presale if anyone is interested in trying our Staking program and once Tradezy is trading we will do our ICO. Nobody should ever put funds into projects who only make promises. What you get with us is an ecosystem which will be functioning and besides tradedo complete. Tradedo will also be complete by the finish of our ICO.

Yes this is the problem all new marketplaces face. No traffic no sales. To combat this we do the usually advertising campaign. Adwords, Social media ads and posts. Besides that we have a growing Community who are interested in buying and selling and have funds to do so. We will also be releasing a very unique referral marketing program. At this point we do not want to give too much away on how it works but its based on a system that is fair to every retailer. It does not matter how much money you have which is how most systems work. It depends on how much effort you put into your products and product descriptions.

ERC20 Compatible wallet.

Aussie Digital IEO
https://shortex.net/aussie

Token Sale and Economics
Token sale start time - July 29, 2019 16:00 (UTC)
Token sale end time - August 11, 2019 16:00 (UTC)
Individual Minimum Purchase Amount -
50$
Individual Maximum Purchase amount - 50 000$
Token Price - 0.01 USD
IEO Allocation - 150 000 000 AUDcoin
Currencies Accepted - ETH
Token Type - ERC-20
Soft Cap - 1$
Hard Cap - 1 200 000 USD in ETH equivalent

The purpose of the AUDcoin is to take the local and regional producers to national markets. Entrepreneurs can easily promote and sell their products for a small fee compared to what is currently on the market. TRADEZY Store owners will enjoy minimal transaction fees and increased security. TRADEZY store owners can tap into international markets and enjoy the use of a cryptocurrency based payment system.