BANKEX Community Q&A Week 32
BANKEX Team
Q: Why does the team never maintain the price of the currency?
A: Because we have a global strategy for the continuous development of our company.
Our main direction is tokenization 2.0 — you can learn about the whole ecosystem on our website. Bounty Programs, Crypto Custody Service, Smart Justice, and other services will help us expand blockchain integration into the world and of course, make a positive effort on the Tokenization 2.0 ecosystem. Our major asset classes are MovieCoin and Real estate, and major independent products - Custody and Plasma Enterprise (TBA). All the event participation is sales driven and linked to particular product promotions. Our goal is to ensure success for all those who believe in us!
Q: How safe is BANKEX?
A: The security of BANKEX is air tight.
The main principle of security for us is that the "attacking system is always much stronger than the protection." We do not bet too heavily on any one defense - we always use an integrated approach, consisting of different levels of security: administrative and technical measures, regulations, comprehensive information security systems and code protection mechanisms. Also, special measures are taken to protect the code for Sodility.
You can check the security level by participating in the closed beta testing of BANKEX Crypto Custody Service here.
Q: When will you guys allocate funds to market the platform?
A: We are always marketing the platform, even just by developing new technologies! At the moment, our company is gradually releasing new products on the market and is actively engaged in their promotion and sale. These include:
- Tokenization of the first Instagram account - https://blog.bankex.org/worlds-first-tokenization-of-the-instagram-account-9e8f71961113.
- How to earn more money from your YouTube or Instagram? MediaToken solution - https://goo.gl/XtPGdc.
- Demand, partnerships.
- During its first month in beta, BANKEX Plasma reached a capacity of 22k simultaneous transactions per second without sharding at a cost of less than 0.5 cents per transaction. The protocol has successfully repeated that result in 3 separate data centers, can verify client software for integration capacity, and provides instant liquidity for users. BANKEX Plasma is a new scalability solution for the Ethereum network. BKX will be used for input/output from Plasma.
When we announced our new achievement, we received fantastic feedback from leaders in the crypto community: "Great to see at least three Plasma projects are getting close to releasing something! But we must continue to be vigilant, and beware of projects that claim to be Plasma for marketing but don't actually have Plasma's security guarantees. Demand links to the contracts and audit them!" - Vitalik Buterin.
BANKEX Crypto Custody Service:
- BANKEX Crypto Custody Service is now on closed beta testing. We have gathered enough participants and are working on a project! Feel free to participate: https://custody.bankex.com/! Just click on "Custody early access".
- We achieved success in the bounty program of the BANKEX Crypto Custody Service.
- More functions than Etherscan:
- Has a mobile app.
And many more! Please check our website and give us some feedback on Telegram chat.
BANKEX is developing a series of technologies built around asset tokenization. In every product, we are achieving maximum performance.
We are actively developing our ecosystem. Look below:
We believe that our best achievements are the best advertising!
Q: Will BKX ever cost $1?
A: At this stage we do not discuss the price of the token. We are working on our ecosystem by developing useful products. BKX token is a utility token, which means that it allows you to use the BANKEX platform and pay for services rendered using BKX tokens. BKX will be usable with the BANKEX platform and services, and will hold value internally rather than externally.
Q: Is BANKEX an exchange too?
A: No. BANKEX provides a universal solution that can digitize different asset classes, providing them with liquidity, flexibility, and safety for asset owners and investors like never before.
BANKEX's leading technologies include the Proof of Asset Protocol for tokenization, the Plasma Protocol, BANKEX Scan, BANKEX Smart Justice, BANKEX Trust Service and the Tokenization engine.
BANKEX`s end-to-end ecosystem bridges the gap between the emerging blockchain sector and the traditional finance industry with innovative IT solutions.
Q: Create a board or "pitch deck" explaining your different tokens, what they do etc.
A: Thanks for your feedback!
You can track this information on our website:
Here you can find information about other projects too:
Also do not forget about our Help Center, where you can find a lot of information about our products!
Q: If BKX can do the trading market, it is a great feat. After all, there is plasma 22K technology.
A: BANKEX Plasma is a scaling solution that will handle the blockchain overload problem. One of the features is a possibility to raise a local Plasma network as a B2B solution. And BANKEX Plasma will take the particular importance in the Securitization 2.0 market. As for the trade market, we don't have any plans to be revealed to the public.
Q: Hello! I think I know all about yours advantages! Tell me please who is your nearest business competitor? On BANKEX opinion this project have any weak sides?? Have you did such kind of analysis. I mean did you the market analyze who is the leader of this segment of market? The weak and strong sides of yours business competitors? Have you any publication about this?
A: Hello! We are very grateful for your attention! We have a very wide range of our products under development. And a lot of our products has its own competitors. For example, BANKEX Custody competes with CoinBase Custody. But when Coinbase solution is oriented mainly on B2B solutions, BANKEX Custody is available for everyone. BANKEX Scan will show the tokenized assets and cryptokitties, also it has the mobile Android version (feel free to check this out: https://play.google.com/store/apps/details?id=com.bankex.scan). Custody will be available for mobile users too. We believe that's a real deal will show our difference from other companies.
Q: When Airdrop?
A: We are currently launched a few bounty programs. You can always watch them on our BANKEX Bounty chat: https://t.me/bankexbounty. All Bounty & Airdrop programs will be published here. Stay tuned — that is a key. ;)
Q: How many employees work at BANKEX?
A: 150 employees in total + few hundreds people from community.
Q: 申请银行牌照是否将要进行了，私募锁定的1.4亿代币资金兑现了吗，资金方面是否可以充足使用三年。
A: 我们暂时没有任何关于银行牌照的计划。我们生态系统中的经济将足够灵活，以避免赤字。毕竟BKX代币有16位小数。
(EN) Q: Are you applying for a banking license? And 140 million tokens, which are frozen, will soon be cashed for use and within three years will suffice?
A: We do not have any plans to be revealed about banking license. The economy of our ecosystem will be flexible enough to avoid the deficit. After all, BKX token has 16 decimals.