Alium Finance — CryptoVerse AMA Recap
Date : 3rd May 2021, Monday
Guest — Denis Denisov : Chief Business Development Officer
Q: Please briefly introduce yourself and @aliumswap_official to our community?
A: My name is Denis .I’m born in Russia, Graduated in UK. I’ve been in crypto since 2018. In Alium I work as a Chief Business Development Officer.
Alium Finance is a MultiChain DeFi ecosystem with an ambitious roadmap of CrossChain DeFi and NFT products.
Alium Swap is our first product.
Alium Swap is a MultiChain Decentralized Exchange with a Cross Chain option already operating on Binance Smart Chain and Huobi ECOChain with Ethereum ,Near, Matic, Avalanche, OKExChain and more coming.
Q: What is so special about AliumSwap compared to other projects? Can you give some reasons to convince users to choose AliumSwap ?
A: Alium Swap is a single interface safe and convenient MultiChain DEX
We already have two Blockchains working (Binance Smart Chain and Huobi ECOChain) with 5 more coming in the near future (Ethereum, Near, Matic, Avalanche, OKExChain)
We have a user friendly interface and a great platform architecture which allows for quick and safe Single Chain and Cross Chain trading.
Our Smart Contracts are all fully audited by Top Auditors like Chainsulting, CertiK and Hacken.
Q: For DEXs, the liquidity problem is considered to be the biggest problem compared to central issues. There are familiar ways to overcome this problem, what ways will ALIUMSWAP use to create more liquidity?
A: First of all we have an Audited Liquidity Migration program developed and ready to start to attract more Liquidity from other DEXes .
In addition we have a vast network of partners and investors which helps to attract more liquidity to our platform.
Q: At the moment, where you are focusing right now? Building and developing product or getting customers and users, or partnerships? Could you share it?
A: Right now we have two separate directions
Our Tech Team is working on the development of the Platform and Ecosystem. Adding more Blockchains to our DEX and developing new DeFi Products such as a MultiChain NFT Platform .
Our Business Development team is currently focused on preparing to the Public Sale (IDOs and Initial NFT offering) and building the Partnership Network and User base for the project.
Q: Could you please give us overview of Tokenomics? Could you please mention us some key area which you think will bring pace to the growth of your project?
A: Our key advantage with the Tokenomics is the fact that both Public and Private sale only take a small percentage of total supply .
Most of the available tokens will be directed towards the Platform and Ecosystem operations. We also have a strong Reserve which will allow us to adapt to sudden changes in the market if they happen.
Our ALM token is both Governance and Utility and will be the core of our Ecosystem, bringing extra value to our users when they use any of our Products.
Q: How did you come up with the idea of creating AliumSwap solution? Was it due to impermanent loss or some similar personal experience that made you understand that there would be room for such solution?
A: Alium Swap is created by a team of DeFi veterans .
One of the key reasons for the need of MultiChain solution on the market was the sudden Shift of DeFi industry focus from ETH to BSC, hundreds of thousands users suddenly changed the Platforms in order to stay relevant in the field and continue benefiting from DeFi growth. That’s when we realized that there is a need for a single interface safe and convenient MultiChain solution which will include both Big and Established Blockchains and Smaller and more Promising ones.
Also, when BSC platforms started popping out we noticed loads of Rug Pulls, Hacks and overall low quality projects, that is the reason why we fully audit every smart contract we release, so our Users are protected from all these.
Q: How is the security of users within your project guaranteed and not compromised? And how secure is your project from any kind of attacks?
A: We are Auditing Every Smart Contract we release with a top firm in the field
So far we were audited by Certik, Hacken and Chainsulting (who audited 1inch)
In addition we have a strong in-house team of IT Security specialists who in the past worked with a few major crypto exchanges.
Q: Do you have any plans integrating your project with NFT? Will there be the possible options to do staking and farming in future?
A: Yes, We already integrated NFTs in the Private and Public sale in a form of Initial NFT offering. Also, our next major Product on the Roadmap is a MultiChain NFT Marketplace with loads of cool and exciting new features.
Q: Many things can make a project strong like the community, the quality of the project, its investors. What make your project strong? What will you do to make it stronger?
A: Our strengths are Team, Product and Partnerships .
Our Team consists of Handpicked selection of DeFi veterans with experience and understanding DeFi .
Our Product is an ambitious safe and convenient MultiChain DeFi Ecosystem to satisfy any of your DeFi needs on multiple Blockchains .
It is already launched and you can try it our right now at Alium.finance
We also have a vast Network of Investors, Backers and supporters including:
Jun Capital, Exnetwork Capital, Consensus Labs, BlockUnify, Cryptomeria Capital, Infinity Capital, Alphabit, Aquablock Ventures, DCI, GFC, Mantra Dao, LaunchPool, Protocol Ventures, Master Ventures, A196 Capital, Iconomy, FBG, GBIC, LPVF and Westbridge Capital,Mooncarl.
And it continues to grow every day.
Q: One of the important issues of financial products is regulation. In your project do you care about this issue or is it fully decentralized?
A: Both our Project and Organization are Decentralized .
We operate as a DAO with a Governance token, and all our DeFi solutions are fully Decentralized.
Q: I could not see any information about your team on your website. You probably preferred your team to be anonymous. Is there a valid reason for your preference in an environment of increasing suspicion of anonymous teams?
A:
Our Team is actually Public, we haven’t put it on the website yet, but you could see the team on other materials from the start.
Q: SEA has a humongous opportunity in terms of users and product development. So what do you think about Southeast Asia and do you have any plan to develop here?
A: We are already expanding to SEA, we have a Vietnamese community and Partners who help us develop there .
We also have a Massive expansion plan for the near future with a few SEA countries included on it.
Q: Can you tell us about the motivations and benefits for investors to hold tokens in the long term? What plans do you have in place to help drive demand and token scarcity?
A: Our Token is already a Governance token with an inbuilt utilities while using our DeFi solutions.
Smart Farming and Smart Staking are on our Development List to help incentivize holding the token long term.
Q: Are you a global project or a local? Can anybody use your Advantages from anywhere without any Limitations?
A: We are Global project with many International communities and Partners from all over the world.
Q: Which one of these aspects is important for you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally
In what order?
A: I feel like all these go hand in hand.
But I think that our Product is our main priority .
Since a good Product brings Satisfied Community, New Partners and Increases Token Value.
Q: Why you decided to remain anonymous? So many scam projects are nowadays. How can we trust your project to not to do scam/rug pulled?
A: We are not anonymous, we are Public team
Q: NFT is not just a trend! It is going to rule this decade and innovation has just started. So, with NFT what is your future plan?
A: We believe that NFT potential is only starting to show now, after the initial Hype the Real Development will start, and that’s why we are integrating NFT into DeFi solutions and creating brand new NFT development Directions.
Q: The gas fee on Ethereum blockchain is crazy high. Why did you decided to build your project on ETH? Any plan to incorporate with other Blockchainchain such as BSC?
A: We actually built our project on BSC, with Ethereum being in further integration plans.
Q: Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
A: Alium Swap is very user friendly, so it will be a good place for both beginners and experienced users
As for beginners, we are working on a “Easy Onboarding” project, which will greatly help all the newcomers to get a feel of DeFi World.
Q: When there will be an IDO or IDOs and when do we expect the platform to be live and to take early advantage?
A: We are planning to have 4 IDOs between 10th and 15th of May on 4 different Platforms
Right after that we will have the Initial NFT offering on our own platform, you can already sign up to the whitelist Pinned in our community
Q: Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract?
A: We fully audit every Smart Contract with Top Auditing firms, so they are top notch secure.
Q: What technology do you own or use makes you more unique than others? Is your project more innovative and useful platform than other competing platforms?
A: We are building a whole MultiChain DeFi ecosystem with Cross Chain options on 7+ Blockchains
It will be a unique single interface safe and convenient solution.
Q: Can you reveal some of your partners that you already established and how they are helping you to get real world adoption?
A: Here is the list of some of our Partners:
Jun Capital, Exnetwork Capital, Consensus Labs, BlockUnify, Cryptomeria Capital, Infinity Capital, Alphabit, Aquablock Ventures, DCI, GFC, Mantra Dao, LaunchPool, Protocol Ventures, Master Ventures, A196 Capital, Iconomy, FBG, GBIC, LPVF and Westbridge Capital,Mooncarl
They all help us with different aspects, creating communities, establishing new partnerships, marketing efforts, smart contracts audit and development, etc.
Here are our Official Communities:
🐦 Twitter https://twitter.com/AliumSwap
⛓ Reddit https://www.reddit.com/user/AliumSwap_Official
�� Discord https://discord.gg/BU6m6zgpvZ
📰 Medium https://medium.com/@aliumswap
👨💻 Linkedin https://www.linkedin.com/company/75861509/
Telegram ENG chat https://t.me/aliumswap_official
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