AMA Recap Cryptoscreen with ReChain

On 15 May 2021, ReChain conducted an AMA in the Cryptoscreen Community. Our guest is $Money of ReChain.

 

Lots of questions as usual from the Community about ReChain progress. The ReChain team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Cryptoscreen community. If you missed the AMA in person, read this recap for a deeper insight into ReChain.

 

Let’s take a look at the most interesting points of our conversation.

 

INTRODUCTION

Syaiful :

Q1. Can you tell the members a little about ReChain?

$Money (Will Never DM you First) :

ReChain started off as an idea… how can we make the crypto market so simple that I could take it to my mother of child and give them a platform that makes sense to the most novice of users. So ReChain aims to be the first all-in-one multi chain decentralized defi toolkit that allows users to check prices and execute trades in one intuitive user interface. ReChain relies on four product verticals focused on all aspects of Defi to make trading easier for consumer and institutional investors alike.

Syaiful :

Q2. Can you explain how ReChain and what kind of services it offers to users?

$Money (Will Never DM you First) :

ReChain not only offers its defi toolkit to the world but will have a very intriguing roadmap. Aside from the ReChain wallet we will be unveiling the team behind ReChain, it’s initial listings, The Wallet App release on IOS and Android, a total rebranding of the company, contests held for the Corporation Launch and initiating its own Blockchain.

Syaiful :

Q3. What products does ReChain have and in the future, will you add more products?

$Money (Will Never DM you First) :

On top of all the initial products such as the wallet, ReBridge, ReDex, ReNotify, Rebot and ReBlock, I’ve also been added as a Host to a completely Crypto based podcast with the members of a Current Pod cast called Hard Factor; A top 5 podcast in the US. With that we will be releasing a token that will revolutionize the subscription based listener industry, a partnership to an online casino & launch pad style platform and are setting our sites on revolutionizing how NFTs are bought and sold currently. Very exciting times.

Syaiful :

Q4. How do you solve ReChain issues and how to ensure user asset security?

$Money (Will Never DM you First) :

We’re adding a new Blockchain developer that will help us launch something that we only dreamed about when getting into crypto. For security honestly after we initiate the online platform myself and VP of ReChain Logan, will be setting up our internal servers and bringing in a white hat that will constantly monitor and audit our network. The security of the wallet will be our first order of business and we have added every possible security measure to ensure the safety of your investments.

Syaiful :

Q5. Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?

$Money (Will Never DM you First) :

We are exceeding our goals we set forth for ReChain and are constantly pushing ourselves for better. One of the difficulties we’ve encountered was launching the token before the tech. At the end of the Day ReChain is 100% a tech based company looking to revolutionize how today’s trader understands the market and navigates in the current space. Launching the token first as it being a secondary priority took a lot of much needed focus on the project and turned the attention strictly to the token which was never our intention. Overcoming this has been a big obstacle but I feel we’ve handled it well and will continue to bring to light the overall scope of what we’re trying to accomplish.

QUESTION FROM TWITTER

Syaiful :

Q1.Many of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to long term?

$Money (Will Never DM you First) :

Yes I feel I kind of answered this in the last question. The token itself in the grand scheme of things was and always will be secondary. Meaning that for the avg investor looking for a quick pump and profit this may not be the token for you… and that’s ok. This token has a utility. It unlocks the defi toolkit within the wallet and allows you to access everything in one space making you a lot more capable and able trader. Without the ReChain token, the wallet will only function as your typical wallet capable of storing and sending off tokens.

Syaiful :

Q2.holding an AMA is a great strategy to promote and introduce your Platform to the wider community. What steps do you take to promote and introduce your Platform after the AMA schedule is complete? Then, have you achieved the marketing targets of your goal of holding an AMA?

$Money (Will Never DM you First) :

We actually hold weekly AMAs on our platform. I’m fully doxxed and the remainder of my team will be as well as we hit our Roadmap milestones. I feel these are of the utmost important in any project and allow people to feel connected to what they are investing in. If you ever have any questions whatsoever you can reach me or my colleagues at anytime and will always address your issues. Our AMA’s are held on our telegram channel by Voice Chat so it’s even a little more intimidating sometimes. We allow members to ask any question regardless of if it’s a good thing or bad. I feel complete transparency is what’s needed in the defi market today.

Syaiful :

Q3.I think one of the problems with the blockchain platform achieving mass adoption is the number of regular users .. What are your plans to attract users to Rechain Finance?

$Money (Will Never DM you First) :

One is to build a platform that makes cryptocurrency simple to understand to the masses. The other is user interaction and a blockchain that makes sense to its initial goal. ReChain is addressing all of these issues in its 2021 quarterly roadmap and will continue to do so in order to bring mass adoption of cryptocurrency to everyone. The wallet I’ve designed I have no doubt will be used by everyone in crypto. There has never been a wallet built like this before. Ever. And it’s adaptation into the market will be widespread.

Syaiful :

Q4.Rechain having DeFi trading toolkit can you explain what type of tools and features it’s having? Mention some are tools here please ?

$Money (Will Never DM you First) :

Absolutely. The initial phase of our first offering of products are:

🔔ReNotify – Provides the ability to set price alerts on multiple assets in platform and in wallet.

💰ReWallet – Provides extra functionality to create limit orders on decentralized exchanges directly from the wallet. A completely original wallet that has a very intriguing UI and functionality.

📈ReDex – A cross-chain interface displays charts of tokens on different chains.

💰ReExchange – Allows the buying and swapping on specific blockchains (Polkadot, BSC, ERC-20,Cardano)

⛓ReBridge – A bridge between various chains, aiming to unite them all in one place.

💻ReBot – AI bot used to automated buying and selling.

 

All of these will be activated in wallet and platform by locking your ReChain tokens. Think of Tron energy but instead of locking for the purpose of sending and receiving you’re locking them in place as sort of a key. To open the toolbox and utilize all our features on one easy to use and simple to understand platform.

Syaiful :

Q5.What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year?

$Money (Will Never DM you First) :

1. Introducing ReChain as a much larger entity than just the token.

2. Simplifying the crypto space for even the most novice investor to be able to understand.

3. Revolutionizing the way we understand the current adaptation of crypto in the everyday world and making mass adoption something that is closer to reality than any of us think.

 

Our plans for the upcoming year are going to be laid out clearly and concisely on our website and with a note attached. This is only what’s currently in place. As ReChain becomes more widely known and utilized you’ll see that it solves current hurdles in the industry and the grand scope of ReChain is bigger than anyone could have ever imagined. Even myself.

LIVE/ FREE QUESTION

Q1. In website only 2 team member Mentioned can you tell me totally how many Experienced members working behind this project $RECH token ?

$Money (Will Never DM you First) :

ReChain is a very wide spread company with experienced members from a multitude of other projects. Currently there is around 30 total people working on the project.

Q2. Do you have a global community?

$Money (Will Never DM you First) :

Yes we do. We’ve actually just added an Official ReChain Arabic and Turkish community. They can be found here.

https://t.me/ReChainTurkey

https://t.me/rechainofficialarabic

Q3. After defi now Nft was becoming so hot Trend so $RECH have any plan to launch its own Nfts? And nft marketplace as well?

$Money (Will Never DM you First) :

Yes. This is actually something that I have major interest in. Myself and ReChain VP Logan have had this discussion. It’s something we currently are keeping under wraps until the time to announce what we’ve built.

Q4. What is the most ambitious goal of Rechain project? I would appreciate it if you could share with us any Upcoming Updates?

$Money (Will Never DM you First) :
The wallet. By far. Bringing something to market that’s never been invented before is always a little scary on how it will be received. Updates are coming but there’s a video of our UI posted in our telegram.

Q5. Token burn is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does RECHAIN have a plan about token burn?

$Money (Will Never DM you First) :
We are a fork from the RFI contract. 6% of tokens are swapped to LP and locked into liquidity essentially burned. The other 2% is redistributed among all holders and 2% goes in to reinvigoration to fund additional projects.

 

 

For more information and future AMA, join our Social Media channels:

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More information about ReChain

► Website

► Twitter

► Medium

► Telegram

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