Eterbase AMA Keypoints
The latest YouTube AMA session that was held on May 7th, 2020, was very productive as many questions from the community found their answers.
You want to find out what Robert Auxt, Jozef Brhel and Martin Smutny shared with the community?
Check it out:
https://www.youtube.com/watch?v=ecwMUon5Ao0&t=2s
And those of you that enjoy reading more than listening, a list of key points from the AMA is available as well:
► XBASE Supply is in full float
► Exchange is doing buybacks, if spare funds are available XBASE will be bought back and supported at the current price level
► The goal is to sequentially increase the price of XBASE
► When larger profits are made, monthly 20–30% will be used to buy back across all the markets to create operate pressure in the future
► In the past XBASE that was paid for services was sold on the market, Eterbase will put more support in incremental steps to increase the price
► It’s expected the price will be stable and increase as there will be more customers
► Eterbase will hopefully be listed Coinmarketcap within a few weeks
► New listings this month, it’s expected some of these new listings will become treasury clients
► Eterbase will be introduced to funds and ATM providers
► Recently CDPAY was added, Eterbase is processing a large number of orders for them
► The team switched from Airdrops to buyback because airdrops were dumped, to keep price level stable, it is stopped now, Liquidity will be added instead
► Ebase gives 5% annually, this is a trial, it can be increased in the future
► Activity on Ebase is already visible, not only for ATM’s but also Point of Sale
► Marketing is being started, CoingGecko, CoinMarketCap and other surprises will come up
► The internal marketing team will be expanded
► The team is pleased to see that Eterbase is already profitable
► Ebase is backed according to the whitepaper, there is more backing than there is Ebase currently
► Focus is on Exchange, Ebase is a side project but will cause use and revenue
► Negative fees are kicking in
► Number of traders is growing
► The team is aiming to be a TOP 20 exchange this year
► ETERBOT will offer paid services
► Eterbot will make Eterbase very competitive
► Eterbase is trying to attract institutional investors
► Volume is improving
► Things will fall together
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► Videos are being produced
► More engagement on social media
► Security is at the highest level, no successful hacking in the future is expected
► APP will be released after the biggest development cycle is finished, after Eterbot, iOS & Android H1 2021
► Expansion of the team tied up to the budget, it will grow with additional services
► Income is larger than outflow, the situation is stable and profitable
► The engine will constantly be upgraded and finetuned
► Eterbot will be expanded with features
► Negative fees and Eterbot will cause more xbase to be locked up
► The retail round didn't raise that much, most by private investors
► Was tied with equity sharing
► Airdrops are shifted to Ebase holdings
► Airdrops where dumped, it didn’t help to increase the price so that is why it was stopped
► Eterbase wants to try to stabilize the fee structure
► Another EURO gateway will be opened, this will increase access to more users
► Market makers are joining, (maybe next week) serious makers and takers can have P10 status
► Milestones: Eterbase became operational and profitable
► Focus is on being a stable and trustworthy platform to trade
► Eterbot was launched a few weeks back, new version attract more professional traders
► Staking will be added to Tezos Cosmos & Algorand
► Combination of Staking, Negative fees and Eterbot in one solution will be the core competitive advantage of Eterbase
► System of Eterbase is designed from the beginning to be very scalable
► Last months expansions to the infrastructure has been done
► The system is stable and is ready for use
► Leveraged trading will hopefully be introduced when the current development cycle is done and necessary funding is available for that, probably in 2nd half of 2021
► New features/modes on Eterbot will be announced in a short time and it will be more profitable than the current version
► Integration Tradingview comes with a cost, will not be implemented in the short term but is definitely being considered to implement in the future
► 15+ full-time employees are working for Eterbase, in total there are 25 working for Eterbase
► It will be possible to download records and report
► New coins will be listed, Eterbase focus is on liquidity major pairs, smaller tokens is the responsibility of projects itself
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