Hi, you say that if EXY reaches mass adoption, it's possible the Ethereum network wouldn't be able to support the level of EXY transactions, and that having your own token, you would have the flexibility to migrate to whichever platform is most suitable for your needs. My question is, which other platforms are you considering and what are their primary benefits? Thanks
This is why we have EXY tokens, it was written in the first ANN post:
Why is the Experty (EXY) token necessary?
1) FLEXIBILITY: If the Experty application reaches mass adoption it is possible that the Ethereum network will not scale quickly enough to handle all of our transactions. Having our own token (EXY) will allow us the flexibility to migrate to whichever platform is most suitable for our needs.
2) INCENTIVE: We have tokens set aside for the purpose of incentivizing early adopters and influencers to use the Experty application. Our go-to-market strategy is to work closely with crypto influencers in the first year in order to optimize the user experience and interface. Once the Experty application is ready for mass market we will target mass market influencers/celebrities such as Christiano Ronaldo, Madonna, and Justin Bieber to help bring Experty into the mainstream.
3) PREMIUM FUNCTIONALITIES: Instead of paying for premium memberships, users who have a certain amount of EXY staked in their wallet will be able to use premium features without additional fees.
Examples of premium features include:
- Paid group calls (ie. webinars)
- Conversation recording
- Advanced scheduling
- Paid group chats like in Telegram