0x_NODES Summary Recap with Shin Chan Community
We held a live AMA with Swanson , Co-Founder of 0x_NODES on 15th May 10:00 PM (UTC+8). Here’s the recap for those who missed it.
Introduction
Elson | Shin Chan Group: Before AMA start, can you introduce yourselves and the team background?
Elson | Shin Chan Group: a short introduction about 0x_nodes 👇
0x_nodes is a network of deployed systems that allow users to move, acquire, and build yield bearing strategies with non-native assets across EVM and non-EVM based blockchains.
Swanson: 0x_nodes is a cross-chain liquidity platform that provides secure synthetic asset movements between blockchains — enabling broader yield aggregation strategies for Defi users. 0x_nodes technology will provide seamless value transfer between blockchains by utilizing a core mesh network between EVM ecosystems — and will bridge the EVM network with external blockchain networks. This unidirectional yield aggregation pulling from EVMs to the main-net will provide new opportunities for yield, while also simplifying the experience for the end-user. Security always the most important and also simple UI will make easier for users 👍
Swanson: The co founders (owl and swanson) are doxxed to the world. Owl is a systems architect with decades of experience building technology systems, he is also an old school crypto currency miner, and has previous experience building out Defi projects. I have a design and engineering background, worked with many startups and have experience building out previous Defi projects, been invovled in crypto since 2014. 0xNodes is also comprised of a development team (2.5 solidity devs, 2 react devs, multiple designers) and a series of very talented advisors that are integrated deeply in our future.
Elson | Shin Chan Group: so besides of this, do you have any latest news / ann would like to sharing with our community before we go for twitter round?
Swanson: One thing is that we are currently building out a really strong executive team for 0x_nodes. These are from well known technology companies. We want 0x_nodes to be unstoppable moving forward. :)
AMA Twitter Section Begin:
Q1: Reading about your project I see that your native token is $BIOS which plays a fundamental role in the performance of the 0x_Nodes network,
my question is $BIOS is only designed as a basic I/O system? or are there other scenarios where we can get benefit from your native token?
Swanson: Good question — $BIOS is the key fuel that will unlock the full potential of the 0xNodes network. By inputting the $BIOS token into the 0xNodes platform and corresponding modules you will be able to collect protocol fees through staking / liquidity provision — reduced fee costs through for internal and external assets movements and swaps, and main-net settlement features. As new products / modules are built out with the 0x_nodes ecosystem $BIOS will be an essential / invaluable asset for navigation and operation for the platform and external networks. $BIOS is designed to have a multitude of use cases.
Q2: There are so many projects that just “die in transit,, traumatize investors with new projects.. So how does the “Ox_NODES” project survive, keep growing & in what way do you convince investors that this project is very promising..??
Swanson: Most projects lack the required infrastructure and operational experience when they initially launch. The 0x-Nodes strategy from the beginning was to build out a strong network of technology partners and relationships. We are focused on the technology, and moving forward that should be what 0x_nodes is known for. It’s also important to note we have already started hiring the best in the business, our team is growing. :)
Q3: You will hold your IDO event on May 17, 2021 at Samurai Launchpad. For your IDO activity, can you explain why and the advantages of choosing Samurai Launchpad over other platforms
Swanson: Sure — 0x_nodes reached out to multiple IDO and launch platforms — most were not too concerned about the technology and processes involved, we at 0x_nodes wanted a strategic partner who asked the right questions and was willing to go above and beyond. Our working relationship with Samurai has been brilliant from the beginning and we hope to continue this relationship moving forward. The technology solutions they provided suited 0x_nodes running up to platform launch.
Q4: Have you thought about integrating NFTs into your project? Wouldn’t it be nice to combine the image of the “NODES” to make NFT based on their characteristics, designs or images?
Swanson: Yes, 100% — 0x_nodes has a unique marketing and brand strategy — the feedback has been incredible, we have discussed the NFT integrations and we are working on it. We are in talks with multiple strategic NFT creators to help build out the 0x_Nodes brand. But also, NFT’s from a tech point of view -these can have a role within the 0x_nodes platform, we have some great ideas and hope to share them at a later date. :)
Q5: in one of @ 0x_nodes tweets he mentions that they build in harsh environments. How hostile is the crypto world against a project like 0x_nodes?
Swanson: Right — the essential vision of 0x_nodes is to deploy our kernell technology across multiple chains pulling the liquidity from each network. So this concept itself can be viewed as hostile — for example in the movie Oblivion, giant machines (nodes) dotted across the Earth are sucking water from the planet — with a command center (0x_nodes platform) space watching over. Our vision is to become the top liquidly network — so others might find his hostile, i guess :)
Telegram Live AMA Begin:
Q6: What’s the first things the end user will notice coming into the 0x_nodes network liquidity module?
Swanson: Ease of use through a simple UI and exclusive staking pairs.
Q7: ☘️ Are you currently associated with any project to provide you with better Nodes?
Swanson: Good question — we have access to a certain technology through one of our infrastructure partners, including parachain tech.
Q8: COVID 19 has slowed many economies around the world but as a crypto business has it affected you negatively or positively? Secondly, are you still on track to achieve your targets as the road map says?
Swanson: Actually — the overall market has been fantastic for us. I don;t think i’d be here if I wasn’t in nearly a year long lockdown. 0x_nodes is thriving in these circumstances and regardless of what happens we have enough funding for the future, Yes the roadmap and development schedules are on track, we will be releasing more details closer to platform launch post IDO. :)
Q9: On a more serious note. Where can I find the BIOS ethereum address?For the coin?
Swanson: Tokens have been minted — and detaisl will be released through our official channels soon :)
Q10: The important question for you is..
Verifying a security issue is certainly important to users.. So, can you tell us about the security of your platform? Have you done an audit through any audit platform..??
Swanson: Good question — security is paramount to 0x_nodes. We are integrating with some high value technology partners to provide the highest levels of security for the network and platform. Audits are incoming and will be performed on a regular basis.
Q11: In what way does the Ox_nodes address the lack of interoperability between blockchains?it is a tough problem facing of many projects recently?
The team engages with strategic investors to fill out a list of all-star ‘value add’ backers.,The net result was $ 3.7 million in pre-IDO fundraising. Where will the Ox_nodes team use the proceeds? In marketing? Or in the entire Ox_nodes ecosystem?
Swanson: Multi layered Privacy is being worked on and access to walled garden networks through parachains.
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