Alium Finance AMA Summary Recap with Shin Chan Community
We held a live AMA with Denis Denisov, Chief Business Development Offiicer of Alium Finance on 13th May 9:00 PM (UTC+8). Here’s the recap for those who missed it.
Introduction
Serene: So before we start the first section, can you please introduce yourselves and your team background to our community?
Denis Denisov: Sure. My name is Denis Denisov. I’ve been in crypto since 2018, started with Importing Cryptocurrency Mining Equipment and continued working numerous different Positions in Community Management, Project Management and Business development in different Blockchain and DeFi projects.
Now I’m Chief Business Development Officer at Alium.finance.
Alium Finance is a MultiChain DeFi ecosystem with an ambitious roadmap of CrossChain DeFi and NFT products.
Alium Swap is a MultiChain Decentralized Exchange with a Cross Chain option already operating on Binance Smart Chain and Huobi ECOChain with Ethereum ,Near, Matic, Avalanche, OKExChain and more coming.
Our Team is a handpicked selection of DeFi and Blockchain veterans in both Development and Business Development.
Our founders Alex and Vladimir have vast experience in both traditional and Blockchain startups.
Vladimir is a founder and the ex-CEO of SpaceSwap DeFi project.
Serene: Any latest/ update news about Alium Finance you would like to share with our community?😀
Denis Denisov: We have quite a few )
First of all — we already Launched our Core DEX on Binance Smart Chain at Alium.finance in mid-April
Secondly — we already implemented Huobi Eco Chain solution as well
And for the most recent news -
We got a LaunchPool AME confirmed for 15th of May
And a BSCPAD IDO Confirmed for 18th of May
We are at the final stage talks with two more IDO Platforms for the 18th of May, the news will be released tomorrow )
After the IDOs we will have an Initial NFT Offering on our own platform
AMA Twitter Section Begin:
Q1: PancakeSwap several times outperformed Uniswap in terms of capitalization.But no BSC exchange offers users a reasonable liquidity migration scheme. Does Alium offer some sort of intelligent migration to combat this state generated by the large fluidity of exchange?
Denis Denisov: Well, we have a couple of solutions for this problem
First of all — AliumSwap offers a very high % for Liquidity Providers, which incentives users to choose our Platform
Secondly — we have a fully Audited Liquidity Migration solution developed and ready for Release
Thirdly — we are developing extra incentives for Liquidity Providers in the future, such as Smart Farming and Staking, as well as providing ALM Holders with extra benefits while providing liquidity of using any of our services
Q2: Alium Finance announced a few days ago that the project is now officially working on HECO. How do you expect that your integration to the Huobi ECO Chain will boost the development of your project? What are the main benefits that this will bring to you as a company?
Denis Denisov: HECO is a very promising Blockchain with a fast Developing DeFi ecosystem — by providing a Bridge for HECO to other Blockchains we are planning to help HECO develop even further by allowing safe, quick and convenient transfer of funds there and back.
Huobi is one of the top players on the market with enough experience and funds to Challenge BSC dominance on the market, and our CrossChain Bridge to HECO will allow us to acquire users and Liquidity, while helping them with their goal
In addition, we are Participating in HECO Grant Hackathon, which will help us to get exposure and demonstrate the quality of our Product and strengthen our relationship with HECO, allowing us to move closer to an official partnership
Q3: Alium supports the BSC and Huobi Eco chains … I wonder why not the Ethereum Network? Since it is one of the most popular., Do you have plans to add more networks to your platform?
Denis Denisov: We are planning to integrate Ethereum, Matic, Near, Avalanche and OKExChain in the near future
The future of Ethereum is not clear at the moment with ETH2.0 on the horizon, so we didn’t rush to implement it first to allow us to focus on Promising and Emerging Markets
Q4: Southeast Asia is a very vibrant market and many project developed here so with Your project what do you think about Southeast Asia and do you have any plan to develop here ?
Denis Denisov: Yes, South East Asia is a fast Developing Crypto Space
We already started our Expansion into Vietnamese market with a Help of Infinity Capital, our Strategic Partner in Vietnam
We will soon start to expand into other SEA countries, once we establish strong Partnerships with Local VCs, Blockchain Firms and Ecosystems
Q5: How can I participate in the $ALM token sale,, can I provide a place to participate in the $ALM token sale and what is the total supply of $ALM tokens for the sale..??
Denis Denisov: ALM Tokensale consists of an AME, 3 IDOs and Initial NFT Offering
1. AME is a Launchpool event which will happen on the 15th of May
Here is more information on it
https://launchpool.medium.com/launchpool-announces-upcoming-ame-for-alium-multichain-amm-dex-with-cross-chain-option-248392d4ec20
2. 3 IDOs will happen around 18th of may
IDO on BSCPAD is already confirmed for 18th of May, 2 more platforms are at the Final Stage of Negotiations (A2DAO and MantraDAO) and the dates will be confirmed today
3. Our Initial NFT Offering will happen right after the IDOs and will be done on our own platform
To Participate, please fill in the whitelist form https://forms.gle/moM9K8zcYGqUPsMM7
Here is some more info
https://aliumswap.medium.com/introducing-the-nft-collection-for-the-alium-finance-initial-nft-offering-157621c72daf
4. And of course — there is a Gleam Contest where you can win some Guaranteed Allocation
https://gleam.io/hlW8z/aliumswap-allocation-contest
AMA Twitter Section Begin:
Q6: the problem is most people evaluate projects based on their token value, not the technology / features the project has. How can the Founder of Alium add educational value to their investors so that more people understand the value of your project than the price?
Denis Denisov: That’s exactly why we released our Platform first and Public Sale later — so the users can see the Value of the Product First, before seeing the price
We are also Developing an Easy Onboarding Program, which will help Newcomers to experience DeFi in a safe and convenient way, while demonstrating the Value of our Products and Technology
Q7: I see that alium finance has many integrated partnerships,
So far, what partnerships have been established? will it work fully on DeFi? and what about the market potential?
Denis Denisov: Here is the list of our current Partnerships
Jun Capital, Exnetwork Capital, Consensus Labs, BlockUnify, Cryptomeria Capital, Infinity Capital, Alphabit, Aquablock Ventures, DCI, GFC, Mantra Dao, LaunchPool, Protocol Ventures, Master Ventures, A196 Capital, Iconomy, FBG, GBIC, LPVF and Westbridge Capital,Mooncarl
Our Project is fully DeFi centered, we are building it on the DAO basis, with ALM as a governance token, which will place the decision making power in the hands of community
We have numerous Major Marketing Partners
Magic Few as a global Partner, Infinity Capital in Vietnam, Cryptomeria Capital in China and many more in many different regions
Q8: I heard that in the 15th Alium there will be 4 place on the big platform for your IDO. Can you please explain which platform of all your 4 IDOs will take place? Then what about your ‘AliumSwap’, is it after your IDO and maybe we will exchange it there?
Denis Denisov: First is Launchpool AME on the 15th of May
Launchpool is a top quality partner with a strict Screening policy
https://launchpool.medium.com/launchpool-announces-upcoming-ame-for-alium-multichain-amm-dex-with-cross-chain-option-248392d4ec20
Second IDO is BSDPAD on the 18th
BSCPAD is one of the top IDO Platforms on BSC network with a strong community and Marketing support
Third is A2DAO, we already confirmed an IDO, with a date being announced very soon
A2DAO is a really fast growing project with a vibrant and engaged community and strong Marketing
They recently pulled off a serious token growth for their own Project as well as for few others
And the fourth is MantraDAO, also one of our first Strategic Partners, who have great experience in helping to accelerate new projects, as well as strong ties to PolkaDot ecosystem
Q9: In Latin you name means “different” so can you tell me what are the different between you and other famous AMMs? What is the special about the way that you do things?
Denis Denisov: What makes us truly different is our MultiChain Solution with Crosschain Bridges, which will allow for safe and convenient switching between the Chains
In addition, we are not only focusing on a DEX, but on a whole spectrum of DeFi and NFT products, which will satisfy a broader demand than just trading
Q10: I don’t see you discussing SAFETY
Can you explain what SECURITY the Project has, is it working with the world’s best security experts?
Denis Denisov: We put great emphasis on Safety
All our smart contracts are audited by Top Smart Contract Auditors — CertiK, Hacken and Chainsulting
We also have an inhouse IT security team with great experience in providing security to some Top Crypto Exchanges in the past
Q11: The main difference of AliumSwap compared to other Exchange/Swap is a single interface MultiChain solution with Crosschain option.
Can you please tell what features are brought? and why is this feature an advantage on your platform?
Denis Denisov: Our MultiChain solution with CrossChain Bridges allows for safe and convenient switching between Blockchains, which provides a competitive advantage to our users, who don’t need to jump from Platform to Platform and can do it quickly and securely in one interface
Q12: Generally an investor invests in a project for high returns. So, how will you achieve that goal and how will you guarantee your investors, traders and innovators that they will have high returns ?
Denis Denisov: We have Three Arguments for it
1. A team of DeFi veterans with a reputation to uphold
2. A high quality fully audited Product with an ambitious Roadmap
3. A great number of Strong Partnerships helping us along the way with Marketing, Networking, User Acquisition, Attracting Liquidity, Development and Audit
Q13: 🌼 I love that Alium Swap has NFTs integrated from the start, well done! Could you please detail us what will be the type of NFTs we will find in Alium Swap, will they have different benefits and features? I would appreciate if you could also tell us the cost of each one.
Denis Denisov: We are integrating the NFTs in multiple different ways
Our NFT 2.0 Philosophy is our attempt to take the NFTs further than just collectibles by building in Financial Instruments into NFTs
NFTs are integrated into our Private and Public Sales
https://aliumswap.medium.com/introducing-the-nft-collection-for-the-alium-finance-initial-nft-offering-157621c72daf
NFTs will be part of Smart Farming and Smart Staking
We will have a MultiChain NFT Marketplace with a lot of cool and new features
Q14: 🍎About the creation of NFT. Does Alium involve artists skilled in the NFT field? how can Artist monetize their work at Alium?
Denis Denisov: Yes. You can see the Collaborations we had with some Prominent NFT Artists for the Public sale
https://aliumswap.medium.com/introducing-the-nft-collection-for-the-alium-finance-initial-nft-offering-157621c72daf
We also have a close Collaboration with Illusorr while developing our MultiChain NFT Marketplace
We use Artists’ experience with other Platforms and feedback to make our Platform more customer-centric
Q15: I know Alium Finance have native token $ALM. Can you explain what are the function of the $ALM token in Alium platform?
Are there any benefit that user can get by Hold $ALM token ?
Denis Denisov: ALM is both a Governance for our DAO and Utility token for our Ecosystem
It is the Core of Ecosystem, and holding it will give extra benefits while using our Products and Services
We will also have Smart Farming and Staking available in the future
- End -
