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Author Topic: [ANN][ICO][DEF] - Deflexchange - First Deflationary Exchange  (Read 182 times)
Deflexchangecom
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February 19, 2020, 06:38:18 PM
Last edit: February 25, 2020, 07:36:16 PM by Deflexchangecom
 #1

Deflexchange






What is Deflexchange?

Deflex is the first cryptocurrency exchange, creating an exchange which combines
deflation with all cryptocurrencies, no matter if it is a token or coin. At Deflex you
can buy & sell cryptocurrencies against other cryptocurrencies and support the
currency just by trading as a part of the fees, generated in the traded currency, will
get burned. In future you will be able to trade here with many other currencies.



Deflationary Exchange

Every month at Deflex there is a burning day on which the collected cryptocurrencies are burned out of the collected fees over a period of one month.
This happens with every cryptocurrency collected and anyone can check the burning addresses on which the currencies are collected on the blockchain.


Decentrality of Exchange

Due to the different server locations and the increasing number of locations, the Exchange will be cross-country and therefore also available worldwide.

Transparency

With the Deflex Status Platform (DS-Platform) you can view all internal company wallet balances and activities.
The DS platform will also show latest news, statistics, such as server status and exchange performance, and much more.




Token Utility

The Deflex coin gives the holder various options to benefit from the platform. By using Deflex Coin when trading, it allows the user to save 50% of the fees. Another option would be to stake Deflex Coins on the platform and earn some of the fees for yourself. Monthly burns will also take place, which will lower the supply of Deflex Coins and thereby reduce the amount of DEF in circulation.



Initial Coin Offering

Start: 20. March 2020 - 00:00 UTC
End: 10. April 2020 - 23:59 UTC




Roadmap

August 2019
- Concept Creation & Development ✅
Creating Deflex and establishing the development Team. ✅

December 2019
- Website release ✅
- Whitepaper release ✅
- Roadmap release ✅

January 2020
-MVP Release, ICO planning & preparations started ✅
Our MVP will be available on our website ✅

March 2020
-Launch of the Initial Coin Offering

May 2020
-Launch of Deflex Beta
Beta testing will be open to the public.Deposit and withdrawal open. Trading begins.

Q2 2020
- Launch of Deflex 1.0
- Expansion of the Server Network





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February 19, 2020, 06:47:50 PM
 #2

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February 19, 2020, 06:48:40 PM
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February 27, 2020, 11:00:18 AM
 #4

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.
ronbennett_
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February 27, 2020, 04:34:07 PM
 #5

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.

Our team member will not be publicly named. The problem is, the only goal to be independent and decentralized is to acting decentralized. Many projects have legal problems and can only act limited. Also other exchanges and projects face legal pressure from goverments. This always lead to  forcing members to do KYC and also blocking users from a few countries from using the exchange for example. Therefore to be globally independent active we will be building a decentralized server structure (we already have a partner for that) and an own server network to provide the security, the decentralization and also the availability worldwide. If we would also expose our member then they could receive their own legal problems and this would hurt the intern company structure. That's why we will not publish any specific team member information. In general we see and want to be seen as a DAO (Decentralized Autonomous Organization).
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February 27, 2020, 05:56:51 PM
 #6

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.

Our team member will not be publicly named. The problem is, the only goal to be independent and decentralized is to acting decentralized. Many projects have legal problems and can only act limited. Also other exchanges and projects face legal pressure from goverments. This always lead to  forcing members to do KYC and also blocking users from a few countries from using the exchange for example. Therefore to be globally independent active we will be building a decentralized server structure (we already have a partner for that) and an own server network to provide the security, the decentralization and also the availability worldwide. If we would also expose our member then they could receive their own legal problems and this would hurt the intern company structure. That's why we will not publish any specific team member information. In general we see and want to be seen as a DAO (Decentralized Autonomous Organization).
but part of the team is important to know the public, I hope you make the right solution in this matter, the reason you say related to the law is because they are not introduced, do you not see other exchanges they are not afraid to reveal part of their exchanges, why don't you follow the footsteps of public exchanges?

.
.
.
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Javi_Anibarro
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February 27, 2020, 08:45:45 PM
 #7

Other than the profile of the team member, there is another important thing that we should not miss which is the development of the project.
Based on their official GitHub page: https://github.com/deflexchange, the team does nothing after creating their first repository on Jan 6, 2020.
It has been 2 months but there is nothing from the tech-wise, what does that mean to you? that means they do not develop anything.
Deflationary is not a thing anymore, you should not far for this kind of hype because almost 99% of the deflationary projects are dead projects. You can search it if you do not believe me.
ronbennett_
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February 27, 2020, 10:52:52 PM
 #8

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.

Our team member will not be publicly named. The problem is, the only goal to be independent and decentralized is to acting decentralized. Many projects have legal problems and can only act limited. Also other exchanges and projects face legal pressure from goverments. This always lead to  forcing members to do KYC and also blocking users from a few countries from using the exchange for example. Therefore to be globally independent active we will be building a decentralized server structure (we already have a partner for that) and an own server network to provide the security, the decentralization and also the availability worldwide. If we would also expose our member then they could receive their own legal problems and this would hurt the intern company structure. That's why we will not publish any specific team member information. In general we see and want to be seen as a DAO (Decentralized Autonomous Organization).
but part of the team is important to know the public, I hope you make the right solution in this matter, the reason you say related to the law is because they are not introduced, do you not see other exchanges they are not afraid to reveal part of their exchanges, why don't you follow the footsteps of public exchanges?
We will not follow the footsteps of other exchanges as we think to be a pure Decentralized Autonomous Organization we have to go an other path. Other exchanges of course have good sides too but the aspect that the only gateway for trading we have are exchanges which don't support privacy fully. There are always cases like working exchanges getting closed because of legal pressure. Or an other example is that some exchanges which supported no-kyc registration, are now forcing some users, also new ones, to do kyc. We just think, cryptocurrencies should be owned privat and user information should be kept secret by others (this also includes addresses) and exchanges should act decentralized too.

Other than the profile of the team member, there is another important thing that we should not miss which is the development of the project.
Based on their official GitHub page: https://github.com/deflexchange, the team does nothing after creating their first repository on Jan 6, 2020.
It has been 2 months but there is nothing from the tech-wise, what does that mean to you? that means they do not develop anything.
Deflationary is not a thing anymore, you should not far for this kind of hype because almost 99% of the deflationary projects are dead projects. You can search it if you do not believe me.
I am sorry that we have not published much on github. So far we have not had to publish information on Github because we already have a certain internal network of devs. But in the coming months we will be releasing the API's in preparation for our beta on github. Stay tuned.
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February 28, 2020, 07:35:59 AM
 #9

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.

Our team member will not be publicly named. The problem is, the only goal to be independent and decentralized is to acting decentralized. Many projects have legal problems and can only act limited. Also other exchanges and projects face legal pressure from goverments. This always lead to  forcing members to do KYC and also blocking users from a few countries from using the exchange for example. Therefore to be globally independent active we will be building a decentralized server structure (we already have a partner for that) and an own server network to provide the security, the decentralization and also the availability worldwide. If we would also expose our member then they could receive their own legal problems and this would hurt the intern company structure. That's why we will not publish any specific team member information. In general we see and want to be seen as a DAO (Decentralized Autonomous Organization).
but part of the team is important to know the public, I hope you make the right solution in this matter, the reason you say related to the law is because they are not introduced, do you not see other exchanges they are not afraid to reveal part of their exchanges, why don't you follow the footsteps of public exchanges?
We will not follow the footsteps of other exchanges as we think to be a pure Decentralized Autonomous Organization we have to go an other path. Other exchanges of course have good sides too but the aspect that the only gateway for trading we have are exchanges which don't support privacy fully. There are always cases like working exchanges getting closed because of legal pressure. Or an other example is that some exchanges which supported no-kyc registration, are now forcing some users, also new ones, to do kyc. We just think, cryptocurrencies should be owned privat and user information should be kept secret by others (this also includes addresses) and exchanges should act decentralized too.

Other than the profile of the team member, there is another important thing that we should not miss which is the development of the project.
Based on their official GitHub page: https://github.com/deflexchange, the team does nothing after creating their first repository on Jan 6, 2020.
It has been 2 months but there is nothing from the tech-wise, what does that mean to you? that means they do not develop anything.
Deflationary is not a thing anymore, you should not far for this kind of hype because almost 99% of the deflationary projects are dead projects. You can search it if you do not believe me.
I am sorry that we have not published much on github. So far we have not had to publish information on Github because we already have a certain internal network of devs. But in the coming months we will be releasing the API's in preparation for our beta on github. Stay tuned.
OK, I understand, so what if one of you leaves with money, will the founder still be responsible for lost funds? or is there an insurance that you prepared before? besides that, how can people trust them if they don't know anyone inside, do you think they believe to entrust their money to someone they don't know?

.
.
.
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February 28, 2020, 01:39:30 PM
 #10

hi good day sir my name is micheal, just saw your prroject on bitcointalk and i would like to know if you are hiring?
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February 28, 2020, 03:15:54 PM
Last edit: February 28, 2020, 08:29:02 PM by Deflexchangecom
 #11

Do you mind to add more details including team information? so potential investors will know who will be in charge of their investment and platform development.

Our team member will not be publicly named. The problem is, the only goal to be independent and decentralized is to acting decentralized. Many projects have legal problems and can only act limited. Also other exchanges and projects face legal pressure from goverments. This always lead to  forcing members to do KYC and also blocking users from a few countries from using the exchange for example. Therefore to be globally independent active we will be building a decentralized server structure (we already have a partner for that) and an own server network to provide the security, the decentralization and also the availability worldwide. If we would also expose our member then they could receive their own legal problems and this would hurt the intern company structure. That's why we will not publish any specific team member information. In general we see and want to be seen as a DAO (Decentralized Autonomous Organization).
but part of the team is important to know the public, I hope you make the right solution in this matter, the reason you say related to the law is because they are not introduced, do you not see other exchanges they are not afraid to reveal part of their exchanges, why don't you follow the footsteps of public exchanges?
We will not follow the footsteps of other exchanges as we think to be a pure Decentralized Autonomous Organization we have to go an other path. Other exchanges of course have good sides too but the aspect that the only gateway for trading we have are exchanges which don't support privacy fully. There are always cases like working exchanges getting closed because of legal pressure. Or an other example is that some exchanges which supported no-kyc registration, are now forcing some users, also new ones, to do kyc. We just think, cryptocurrencies should be owned privat and user information should be kept secret by others (this also includes addresses) and exchanges should act decentralized too.

Other than the profile of the team member, there is another important thing that we should not miss which is the development of the project.
Based on their official GitHub page: https://github.com/deflexchange, the team does nothing after creating their first repository on Jan 6, 2020.
It has been 2 months but there is nothing from the tech-wise, what does that mean to you? that means they do not develop anything.
Deflationary is not a thing anymore, you should not far for this kind of hype because almost 99% of the deflationary projects are dead projects. You can search it if you do not believe me.
I am sorry that we have not published much on github. So far we have not had to publish information on Github because we already have a certain internal network of devs. But in the coming months we will be releasing the API's in preparation for our beta on github. Stay tuned.
OK, I understand, so what if one of you leaves with money, will the founder still be responsible for lost funds? or is there an insurance that you prepared before?
As I, Ron Bennett, am the Founder of Deflexchange I will be fully responsible for lost funds. That's why I have created a four key system to ensure that not one person gets access to the private key. I therefore do not want to give more information about the structure of it, since only instructed team members learn about it. Of course, we also know all team members and have checked people in advance so that we can act immediately in the event of a violation.

besides that, how can people trust them if they don't know anyone inside, do you think they believe to entrust their money to someone they don't know?
That is a good question and I can only say that trust can always be gained through evidence and facts. We will also have direct conversations with investors shortly and also clarify open questions.


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February 29, 2020, 06:36:08 PM
 #12


@Deflexchangecom even if you RON will claim the full responsibility of the funds, it won't change the fact that you are anonymous to anyone. i have to remind you that teams who were totally transparent and provided thier social media accounts and linkedin accounts, they tend to become scam still. not that i'm accusing you already but in reality nothing can stop you if you go nuts after your Deflexchange ICO.

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February 29, 2020, 08:34:09 PM
 #13


@Deflexchangecom even if you RON will claim the full responsibility of the funds, it won't change the fact that you are anonymous to anyone. i have to remind you that teams who were totally transparent and provided thier social media accounts and linkedin accounts, they tend to become scam still. not that i'm accusing you already but in reality nothing can stop you if you go nuts after your Deflexchange ICO.

I know even today a team of 10+ people can come out as a scam. The only thing that moves a project forward are products and solutions for investors. I have seen in the past that projects had an excellent team and preferred to work on something for years, that in the end had no meaning anymore or was of no value. Nowadays, not only is it enough to build a team, but you also have to prove yourself. We have already started negotiations with certain companies in order to build a worldwide server infrastructure and to become more independent, decentralized and more secure. Well, we are working in the background and will continue to do so. I understand your view and your concern, but I assure you that we as Deflexchange will set a new standard for crypto exchanges and support the future of cryptocurrencies with our unique deflative ideas.
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March 01, 2020, 09:46:08 PM
 #14


@Deflexchangecom even if you RON will claim the full responsibility of the funds, it won't change the fact that you are anonymous to anyone. i have to remind you that teams who were totally transparent and provided thier social media accounts and linkedin accounts, they tend to become scam still. not that i'm accusing you already but in reality nothing can stop you if you go nuts after your Deflexchange ICO.

I know even today a team of 10+ people can come out as a scam. The only thing that moves a project forward are products and solutions for investors. I have seen in the past that projects had an excellent team and preferred to work on something for years, that in the end had no meaning anymore or was of no value. Nowadays, not only is it enough to build a team, but you also have to prove yourself. We have already started negotiations with certain companies in order to build a worldwide server infrastructure and to become more independent, decentralized and more secure. Well, we are working in the background and will continue to do so. I understand your view and your concern, but I assure you that we as Deflexchange will set a new standard for crypto exchanges and support the future of cryptocurrencies with our unique deflative ideas.

Let us see if you can make things happen here. Your plans sounds great but the reality sometimes is different. We will know in time if you will have real partnerships with companies. Because one thing to stay afloat in your business, is more collaborations with companies. In that way, it is hard for you to just abandon your platform because a lot are relying on your development's progress. And also, since ICO are not selling anymore, you need to find other options on how to finance your project so you are sure that your developments will push thru even if you will not hit your ICO targets.

Deflexchangecom
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March 02, 2020, 05:13:26 PM
 #15


@Deflexchangecom even if you RON will claim the full responsibility of the funds, it won't change the fact that you are anonymous to anyone. i have to remind you that teams who were totally transparent and provided thier social media accounts and linkedin accounts, they tend to become scam still. not that i'm accusing you already but in reality nothing can stop you if you go nuts after your Deflexchange ICO.

I know even today a team of 10+ people can come out as a scam. The only thing that moves a project forward are products and solutions for investors. I have seen in the past that projects had an excellent team and preferred to work on something for years, that in the end had no meaning anymore or was of no value. Nowadays, not only is it enough to build a team, but you also have to prove yourself. We have already started negotiations with certain companies in order to build a worldwide server infrastructure and to become more independent, decentralized and more secure. Well, we are working in the background and will continue to do so. I understand your view and your concern, but I assure you that we as Deflexchange will set a new standard for crypto exchanges and support the future of cryptocurrencies with our unique deflative ideas.

Let us see if you can make things happen here. Your plans sounds great but the reality sometimes is different. We will know in time if you will have real partnerships with companies. Because one thing to stay afloat in your business, is more collaborations with companies. In that way, it is hard for you to just abandon your platform because a lot are relying on your development's progress. And also, since ICO are not selling anymore, you need to find other options on how to finance your project so you are sure that your developments will push thru even if you will not hit your ICO targets.

The reality with many others is always different, because they usually build up hype, take advantage of it and later introduce an inferior product and then they stop. We, on the other hand, want to create an exchange that we can be proud of and that we can expand. This also includes paying attention to user interests, finding good partners and thinking long-term.
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