Savvy members of the Quadency Community questioned the Founders in a Live Telegram AMA about Quadency’s upcoming roadmap, security procedures, and much more!
A huge thank-you goes out to our Community and everyone who came to our live Telegram AMA and posted questions for the Quadency Founders. For those that couldn't make the live event, we've created this Recap.
The AMA was held live in the Quadency Telegram Channel to answer questions from members of both our Telegram and Twitter communities. Our Community came through with insightful questions, so let’s take a look at what they asked and what Co-Founders Rosh Singh and Manish Kataria had to say:
The Telegram AMA was edited slightly for this summary.
Welcome from the Quadency Team
Rosh Singh, Quadency Co-Founder & CEO, @rosh2point0
Hi everyone, Rosh here, CEO at Quadency. I’m looking forward to answering your questions today and providing more details about our upcoming roadmap.
Manish Kataria, Quadency Co-Founder & Head of Business Operations, @ManishNYC
Hi all! Welcome to today's AMA. Manish here, Co-Founder and Head of Business Operations here at Quadency. Looking forward to answering your questions today.
Antoine, AMA Moderator and Quadency Marketing & Ops Manager, @AntoineWllt
Great! So, let’s get started with questions dropped by our Twitter followers before the AMA started.
Questions from Quadency’s Twitter Community
Currently you are supporting most of the Centralized Exchanges (CEXs). Are there any plans on supporting DEXs?
Yes, our roadmap for late 2022 includes non-custodial access to DEX trading. For those who prefer the experience and tools available for CEXs, our upcoming Quadency Exchange will also feature assets that are exclusively available on DEXs.
So many things are coming for 2022! You can also check our Roadmap to see which other cool features we’re going to release.
What major partnerships do you plan to use, or how do you get your product out to the average consumer - especially those who don't use crypto?
(also) John Walfer, Live on Telegram
Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven't yet entered the crypto world. What are the plans to raise awareness about Quadency in the non-crypto space?
For now our focus is more on novice crypto users and investors, versus those who are unfamiliar with or don’t use crypto at all. This will definitely change over time as more and more of the mainstream enters the ecosystem and we'll be exploring that later next year. But with our current partnerships in place with major exchanges like Binance, and popular retail payment tokens like Dash, you can expect to see more Quadency exposure to far wider audiences via those channels in 2022.
Great! And as everyone knows here, one of the first launches of 2022 will be the official launch of the Quadency Exchange and the QUAD Token. We’ve received a lot of questions about these upcoming events. Let’s start with the QUAD Token Sale.
Could you give us an update on the token sale? Is there any lockup or vesting period to tokens purchased by public sale investors?
Yes, tokens purchased in all public sale rounds are subject to a 3-month vesting period. Vesting begins on the day of the TGE, which is planned for January 3rd, 2022. Users who purchase QUAD during public sales are automatically earning staking rewards! You will be able to see these rewards and balances in your Quadency wallet, which will be announced next week.
Will the Quadency Exchange be more of a global project or a local project? Which market are you currently focusing on, or are you focusing on building and growing to get customers, users and partners?
We are absolutely a global project quickly approaching 100,000+ users in 100+ countries around the world. We are also in 'growth mode', so growing the user base is a key priority, along with expanding community channels on Telegram and other platforms like Discord. We're also planning to begin internationalizing the platform for non-English speakers this coming year.
Apart from the utility for paying trading fees, can we stake QUAD tokens? Will you list the token on platforms like Gate.io and other platforms? Can we get IDO allocation because of staked QUAD tokens?
Yes! As mentioned above, QUAD staking is already here. Any tokens purchased and held at Quadency are earning a great APY (details coming early next week).
The token will be launching on IDO platforms at the end of January. Rules of each platform vary, so be sure to read up ahead and keep an eye on announcements. In February, the token will be trading on the Quadency Exchange as well as other partner CEXs, and several DEXs on all major chains.
Time for LIVE QUESTIONS from the Telegram Community!
Okay, it’s time for the live questions segment. I’ve unmuted everyone for 5 minutes in the Telegram Channel! Please share all your questions for @rosh2point0 & @ManishNYC! We’ll answer as many as we can.
❤️ LoLi ❤️
Tell us a little bit about security. Have you done an audit of the platform? What are the test results?
Yes, you can find more details about both the token's security audit & platform security practices here:
What defi tokens/pairs will you be listing first on your exchange?
Details are to be announced in the coming weeks. But rest assured, all major and trending assets will be covered and soon expanded.
Security is the priority, what can the QUADENCY platform guarantee or promise in terms of the security and privacy of its users?
Security is of utmost importance and we invest heavily into it. We routinely subject our systems to pen testing and currently have a bug bounty for white hat hackers to report potential vulnerabilities for a reward. You can learn more about security here:
❤️ LoLi ❤️
Who are your potential customers and which markets are you targeting?
We are targeting anyone who wants a robust investment experience that provides all the great benefits of decentralized finance...without the complexity.
Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project?
We are working on our strategy for this right now, so expect more updates in 2022.
Will there be an option to export trade data to .csv in the future, or do we have to keep doing it from the exchanges we connected?
Great question. This is a highly requested feature already planned for development - thanks for your patience!
The crypto industry is a fast-paced industry, how flexible is your Project to change quickly and keep pace with technology trends? What is your long-term vision for the forecasting industry in which the Quadency project operates?
Great question. The entire premise of our platform is to make crypto accessible. This means no matter which way the industry trends, we will continue to build the bridges for easy access to all the benefits. Simplifying isn’t easy - it involves minimizing jargon and eliminating several steps that advanced users may be used to, but newcomers may find confusing or intimidating. But we’re up for the challenge! as you’ll see in the coming months!
Amazing guys! That wraps up our Live Telegram AMA. Thanks a lot for your time @ManishNYC & @rosh2point0! Any closing thoughts you want to share with the community?
Thanks all for your great questions. From the entire Quadency team - Happy Holidays and Happy New Year!
Don’t miss out, join the QUAD public sale today!
Additional questions that didn’t get answered in the live AMA due to time constraints, answered now by Antoine!
Do you have an ambassador program available? If yes, how can I join it? And may I know what’s the benefit available for the ambassador?
We’ll be developing strategic initiatives that involve the Quadency Community. More information to come on that in 2022. For the moment, feel free to check our Affiliates Program!
Many projects have problems with UI / UX and this turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?
One of our primary drivers is creating a streamlined experience that is hyper intuitive for novice and pro crypto traders; that will always be part of our development process. We’re also working on some incentivized learning initiatives as well as expanding our blog to teach more on the basics of crypto.
There is fierce competition in the Trading crypto and bots trading platform space. Obviously, you can find other projects that are similar to yours. What is Quadency’s Unique Selling Point?
It’s been very clear for us from the start: our goal and vision is to take the complexity out of crypto trading. It started with aggregating exchanges and making automated trading strategies accessible to all. We have an array of bots that are super easy to configure and based on a very robust infrastructure. You can now basically find the right bot for any market condition. We are also working on expanding our bot suite throughout 2022.
What is the biggest challenge you face currently in terms of becoming a successful project?
We feel very lucky to have entered our token generation events with a successful business model already standing behind us, and we really just view obstacles as bridges to cross. This attitude is everything in the fast moving industry and we intend to continue innovating to expand on our vision.
The vast majority of crypto projects are built just for the sole purpose of amassing wealth for themselves. I want to know the value you aim to add to crypto that will bring greater abundance to the industry.
Our founding team came together to solve a problem - trading crypto was getting very confusing when you had multiple wallets, exchanges, assets and platforms. It turned many people away. We remove complexity to make all the open financial wealth building tools available to anyone willing to give crypto a try. Additionally, before platforms like Quadency, the advanced automated strategies our community uses today were available mostly just to investment banks and hedge funds, and we’re big believers in the democratization of financial markets and tools.
Can you list some of your project’s outstanding features for everyone here to know about? What are the products that your project is focusing on developing?
We’re really excited about launching QUAD, which will be an innovative spin on the native exchange token. By that I mean it won’t just offer trading discounts, but QUAD will also enable our users to get exclusive access to the latest Quadency features while also getting the lowest trading fees industry-wide. On top of that, we have a pretty impressive suite of trading bot strategies from a dynamic Accumulator bot to the advanced Strategy Coder, which Quadency traders will be able to use earn QUAD tokens by building and sharing their automations.
- QUAD Token Sale
- Getting Started with Quadency Bots
- Quadency's Manish Kataria on the Future of Finance
Quadency is a cryptocurrency portfolio management platform that aggregates digital asset exchanges into one easy-to-use interface for traders and investors of all skill levels. Users access simplified automated bot strategies and a 360 portfolio view with a free account.
Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.