Dear Bitsdaq Community,
Over the past week, Ricky NG, the CEO and Co-founder of Bitsdaq, has conducted two AMA’s with the community. In case you missed our AMA session today, we have you covered. Here are the following questions from our investors during the livestreams with OhHeyMatty and DudeSignals:
Question: What’s Ricky’s background?
Through the years, I have gained heavy experience in the engineering and internet industries. From 2005-2007, I took care of the search engine marketing optimization in Asia at Yahoo. After quitting, in 2007, I started my own company, IClick, which is listed on Nasdaq as of December 2017. In fact, IClick completed its IPO with an initial market cap of over US $400 million.
Question: What’s Bitsdaq’s background?
After my company got listed, I officially joined the blockchain industry. We actually had a token sale in early 2018 for i-House Token (IHT) which I founded. So after the token sale, we invested heavily in building up the tech team and then start investigating the exchange business. We noticed that the exchange market is very oversaturated, so we partnered with Bittrex, and we integrated their back-end technology which has helped us in regards to security and brand marketing. After the partnership announcement, we finally opened our exchange in January, and we have reached nearly 2 million registered users in 3 months!
Question: Will you be listing all the coins from Bittrex? Or will it be a subset of pairings for BQQQ?
Bittrex is our technology partner, so that they won’t limit or have guidance on how we list or launch our projects by our own. However, we will list some tokens listed on Bittrex based on our own listing guidelines and decisions.
Question: Why did Bittrex choose Bitsdaq as their partner?
Bittrex chose us because of our connections and resources in the Asian region.
Question: Who are Bitsdaq’s investors?
We are invested by many major VC firms in China and Hong Kong, Neo Global Capital, and Consensus Fintech Group are the more well known, household names.
Question: How can we invest in the IEO?
You can invest by registering on the site, and following the process from https://bitsdaq.com.
Question: What is the use case of the BQQQ token?
The use case of the token will be using the token for a trading discount, the VIP program, token re-purchases, airdrops from different projects, and a trading pair. More utility will come as we progress throughout the year.
Question: An exchange has listed BQQQ, any comment regarding this?
The exchange that listed our token did NOT receive permission from us. Please wait for our IEO.
Question: When will be the first IEO after the Bitsdaq IEO?
We have not announced an IEO yet. We are in talks with a few projects currently, and we will announce it shortly.
Question: What is swap ratio of BXBC to BQQQ?
We used BXBC as a marketing tool to gain users, you can refer to the conversion rate on our official website. After the listing, we will begin the swap program.
Question: When will the app be ready and how can we download it?
We actually just launched the iOS version right now, and then the Android version is still in the final testing and we will be launching within days. Right now, you can go to our website and then scan the QR code to download the app.
Question: There have been a lot of exchange hacks recently. What will Bitsdaq do to combat this?
Because we are connecting to Bittrex as our main technology partner, we are using their back-end technology in terms of all of blockchain and wallet security right now. We are also willing to take the most necessary precautions to make the exchange as safe as possible.
Question: Do you plan to introduce fiat and banking services?
We are actively exploring right now in the fiat market, so we can launch the fiat solution in the future, but right now because of the banking mechanism and also the regulation we want to launch the crypto market first and also the IEO features.
We would like to sincerely thank everyone who participated and for your continuous support towards Bitsdaq. If you have more questions about Bitsdaq, you can always message us on our Telegram channel or follow us on Twitter, and our team will be happy to assist you.
Here are the Dude Signals AMA winners on Telegram!
AMA 500 BQQQ Reward Winners:
- All winners need to message @angelinaa23 on Telegram and provide the following information before June 7th, 2019:
- Join the Bitsdaq Exchange Telegram Group: https://t.me/BitsdaqExchangeOfficial
- Twitter username and the screenshot of the following of Bitsdaq exchange: https://twitter.com/BitsdaqExchange.
- Youtube username and the screenshot of subscribing to Bitsdaq exchange: https://www.youtube.com/channel/UCR5E7EH5zvd6gXK0f4NWANQ.
- Bitsdaq registered email address, and we will send BQQQ to your KYC passed account.
- If the winner does not message the team member before June 5th, 2019 and provide the information will be disqualified to get this reward.
- Please wait 15 business days to receive your BQQQ.
DISCLOSURE: Bitsdaq reserves the right to re-post, re-purpose or publish as our own content.
June 3rd, 2019