MOD : Hi everyone and welcome to the AMA on Forum Crypto Moonlight Official Group We’re honored to host an Ask-Me-Anything session with DISTX.
SESSION INTRODUCTION PROJECTS
MOD: Q1, Can you introduce yourself to our community?
Adrian Daluz: Hi, my name is Adrian Daluz. I’m one of the Founders of DISTX. I’ve been working as a Freelance developer in the blockchain space since early 2017 working on projects such as Clearpoll,Switch,McafeeDex,GHOST and UniTrade. I have a lot of experience in this space and finally decided to do something for myself!
MOD: Q2, Can you briefly tell us what is $DISTX, and what is the project aiming to accomplish?
Adrian Daluz: DISTX is a platform that aims to bring sellers and buyers together in a safe,automated and decentralized way. We are a complete token sale platform, we do token deployments,airdrops,liquidity adding and liquidity locking and facilitate mixing tokens on the buyers end. We do everything a company would need to do in order to hold and complete a sale and do it all using smart contracts!
MOD: Q3, What technology stands behind $DISTX and What are its advantages?
Adrian Daluz: The vast majority of our work is solidity smart contracts on the ethereum blockchain. There’s a ton of advantages of using solidity, but the biggest one being it’s portable to other side chains as well. We could pick up the entire infrastructure and move it to any chain that supports solidity (TRON,EOS for example). There other major benefit is that everything is locked in, teams can’t rug pull because everything happens on the contract layer meaning it’s completely decentralized and secure.
MOD: Q4, Please introduce how $DISTX is extending its use cases through partnerships and upcoming plans?
Adrian Daluz: We have a few partnerships happening in the next week which will bring more light on what we hope to achieve and give further purpose to what DISTX is hoping to become. I can’t speak about them yet!
MOD: Q5, Are there any notable features of $DISTX that you would like to highlight?
Adrian Daluz: I think most peoples favourite is that we mix tokens when you’re receiving them similar to how Tornado Cash achieves their mixing. However we do it as one part of our platform!
SESSION QUESTION FROM TWITTER
MOD: Q1. From @Witch_doubt : Currently issuing tokens is a rather simple process. However, building a system, an ecosystem, & stabilizing prices is the hardest part. My question is, how can the @DistXio team solve this problem? how are $DISTX tokens used in the ecosystem?
Adrian Daluz: We have experience already achieving everything we hope to add to our platform. I’ve got a ton of work out there on github (github.com/mshuu) which can bring certainty to anyone who doubts what we can accomplish!
The top 200 DISTX holders automatically receive a share of all OTC sales that happen on the platform, it lets people compete to get in that top 200 slot so they can get a guaranteed amount of all OTC sales.
MOD: Q2. From @JacksonMartiXc : we know, every successful project has a few stories behind the scenes, what’s the story behind DistXio success? What was that vision when it first emerged as an idea? Are there any special prototypes or upcoming DistXio updates that you want to show/share with us?
Adrian Daluz: Daniel (my cofounder) and I have been talking about doing every part of the DISTX platform for 2 years now. Ever since we moved on from ClearPoll we’ve been in talks about what we could possibly do next. Unfortunately token mixing, sales platform and automation wasn’t something the space was really looking for. The moment this DEFI wave appeared we knew we were best positioned to capitalize on it and bring our vision to everyone else!
No prototypes just yet, soon! 🙂 But we can say, we have some really exciting partnerships in the works and if they get confirmed people will be very happy.
MOD: Q3. From @cantikamaliaaa : I have read on the distx website there are certain Total Supply: Unlimited (they are uniquely generated). If so, will this not affect the price of the token itself? and is there a guarantee that the developer will not issue an excessive number of new tokens?
Adrian Daluz: We have two tokens DISTX and DISTXR. DISTX is our erc20 token that people buy and sell, it has a fixed supply of 50 million tokens. DISTXR has an unlimited supply, but it’s meant to! The purpose of DISTXR is that once you purchase into a sale you are given a DISTXR token. This token is redeemable at any time for the amount that you bought in the sale. Once you redeem it, it’s burnt 🙂
MOD: Q4, from @Ghofurrahmansa : can DistX add and contribute to the development of financial transactions in the world of cryptocurrencies, and what are the main difficulties of the project since its creation, and in what dimension can the project reach?
Adrian Daluz: DISTX’s whole vision is to be a platform that can enable anyone to successfully run a sale and attract investors for their idea. We help you create a token, airdrop the token, add it to uniswap and so much more. We hope that through this process people will find it easier to create projects and not worry about that hurdle of needing a dev immediately just to get things moving.
MOD: Q5, from @Wathepakks : Adoption is one of the key factors on which any blockchain project will be attractive to investors and users. I want to ask you what #DistX plans are to push for more adoption in the market?
Adrian Daluz: We have several key partnerships in the works which will help with that, we also have a wide network of connections from our time in this space. Both of which will be leveraged to bring sales and buyers into the platform!
SESSION FREE ASKING
Q1 From @Kyosang: Security is always the top task of projects. But lately, a lot of cryptocurrencies and blockchain have been appropriated by hackers. What security measures does your project have in place to avoid the possibility of being appropriated by hackers?
Adrian Daluz: We will be paying for top tier audits before releasing anything to public consumption, we know several auditors and have had several contracts audited already. So it’s a natural step 🙂
Q2 From @DdMHNDra: Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is a DISTX like this? If not can u tell us, What makes DISTX different from other projects?
Adrian Daluz : The difference is, we already have releeased a TON of contracts and projects that are still running to this day. We are not new or anonymous. Check out my github for references 🙂
Q3 From @wacko_mania: Whats the difference between distx and trust swap?
Are there any competitors with this token?
Adrian Daluz: Trust swap focuses on their launchpad which is all around escrow services. We are a holistic platform offering everything from token deployment, liquidity locking, token release, marketing opportunities and more.
Q4 From @Olonade02: Are you a global project or local project? Can anybody anywhere use DistX without any restrictions?
Adrian Daluz: Global, it’s all decentralised! We couldn’t limit you from buying on our platform if we tried 🙂
Q5 From @asaskun: look at market now $btc $eth $eos $bnb etc price now going down and down again. this is all because Defi project come and make price on market unstable. so many project going dump too because it. what you think about this issue? what you plan to solve it?
Adrian Daluz: Markets come and go. We’ve been working on various projects since the 2017 ICO boom. We always stick around, keep projects going and just keep delivering. Don’t try to ride the market waves, just delivery quality content.
Closing statment :
Adrian Daluz : We might not run AMA’s very often outside of international communities (I know sometimes it’s hard to ask us questions if you don’t speak english!) but if you ever have any questions we’re in telegram every day answering any questions you have! The team is constantly answering questions in our telegram. Join us anytime ❤️
- Official Website : https://distx.io
- Twitter : https://twitter.com/distxio
- Telegram Group : https://t.me/distxio
- Telegram Channel : https://t.me/DistX_news