AMA Recap: Crypto Family Antex

On Oct 3rd 2021, our community had a chance to welcome Antex– provides the foundational building layers for a new digital economy. 

This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.

 

At this AMA, the Antex directly greeted the community and provided detailed information as well as some key products and future plans.

Time: 08:30 PM (UTC + 7) on Sunday, Oct 3rd, 2021

Venue: https://t.me/CryptoFamilyGroup 

Airdrop 200 USDT for the best questions in the AMA

Below are some main points of this AMA:

Question for Part 1- Project overview

Question 1: Can you tell us a simple description about ANTEX, the idea, how it started? and especially why it's needed or how is it disrupting?

Antex:AntEx is a decentralized financial ecosystem that provides comprehensive solutions for “Developer / Project Owner and Community” with outstanding improvements on each product.

AntEx focuses on:

- Major shift in payment gateways. 

- Build VNDT stable-coin that has the same value as VND fiat and is backed by the payment gateway (Ngan Luong). Ngan Luong has a payment license which is issued by State bank of Vietnam.

- Crypto Asset Management & NFT (Antex - Blockchain Wallet)

- Start-up incubators for startups (AntLaunch - AntLock)

- DEX - Decentralized exchange

- Building and providing a blockchain platform

With many years of research and operation in the technology sector, We focus on researching and testing a breakthrough new blockchain platform, in effort to process transactions faster, with more reasonable costs,high security, especially expansion aspects based on the system demand anytime. It will be an innovative blockchain network that integrates such current blockchain network’ optimizations and new technologies to create breakthroughs from enterprise’s applications.

Question 2:Could you please give a brief intro of ANTEX salient features or product? What are the advantages offered?

Antex:At Antex the commodity can enjoy utilizing those outstanding features, such as:

- VNDT stable coin: VNDT is a stable coin, with rate of 01 VNDT : 01 VND, used for the exchange between cryptocurrencies and fiat (VND).

- Transaction & Payment Services: VNDT wallet and VNDT stablecoin play the central role of exchange between cryptocurrencies and fiat money in not only Vietnam but also globally.

- AntLock: Lock token allows anyone (apply to the Developer / Project Owner of the project) to lock their token. Lock Liquidity allows holders to lock their liquidity pool (LP) tokens for a certain period by sending the LP tokens to a time-locked smart contract. This provides confidence to investors that token developers will not run away with fundraised funds.

- AntLaunch: ILO Launchpad service provider (Initial liquidity provision) and IDOV - Initial DEX Offering and Vesting is a model of selective fundraising through DEX.

- Antex - Blockchain Wallet: Defi Wallet, NFT & Dapp - Secure Cryptocurrency Wallet

- DEX: AntEx will bring you a truly user-friendly DEX exchange with constantly updated features.

- AntEx Academy & Research, AntLab will be the place to conduct in-depth research on blockchain technology, security technology, AI - Artificial Intelligence to create core products for the global blockchain market.

- Blockchain network: VN Smartchain

Question 3:Can you tell more about ANTEX tokenomics and token utility?

Antex:ANTEX token is a cryptocurrency that is being developed on the Binance Smart Chain (token BSC). ANTEX is issued by the AntEx ecosystem.  AntEx constitutes a comprehensive ecosystem that ensures user’s satisfaction such as: storage, trans- action, payment, investment and utilizing financial products/services of AntEx’s Ecosystem. Our mission is to build a trusted, friendly and stable blockchain financial ecosystem.The following token utilization is to demonstrate how we are preparing for a long run plan:

Key Metrics

- Token symbol: ANTEX

- Total Supply: 100,000,000,000

- Blockchain: Binance Smart Chain

- Audit: CertiK

- Contract: 0xCA1aCAB14e85F30996aC83c64fF93Ded7586977C 

- Token type: Utility, Governance

Holding ANTEX token, users will receive partner-level incentives with reduced fees, increased interest rates on savings packages and many other incentives…

This is token utility when ANTEX token is used among Antex platform

Question 4:Who are ANTEX current partners and backers?

Antex:AntEx has finished the first two rounds of funding with outstanding results. Seed Round and Private Sale both hit the hard-cap in a short period of time. The AntEx team is honored to receive support from large organizations and investment funds. 

With the participation of our backer, first of all, the initial investor is NextTech (2.5mil USD and the more important is the whole ecosystem of NextTech. This will let Antex platform can connect the crypto into the real world. The dream is coming true alrd. 

 Ava Capital, Amun Capital, Victory Venture, Gelos Venture, 68 Trading, MIC Holding Investment and Development JSC, Minh Quy Real Es)tate Development and Investment JSC, ATLANTIC Group Investment Corporation, BSCLaunch , Crypto ERA, Tradecoin X1000BTC and Tienngay with individuals and organizations participating in Private Sale. The investment partners of AntEx have been selected based on their compatibility with the strategy and their ability to contribute to the long-term success of the AntEx ecosystem.

For more information about our Partnership and Investments, feel free to join our Telegram Official Groups.

Question 5:What are the major milestones ANTEX achieved so far and what are the next 100 days plan?

Antex:At the moment, Antex has reached several milestones. VNDT wallet has launched for nearly 3 months with nearly 100K users from 32 countries. 

 

AntEx's upcoming roadmap: Currently, the AntEx ecosystem has launched VNDT stable-coin products, VNDT wallet with important functions, especially being able to exchange directly between crypto and fiat (VND) on the account. the user's own bank account.

 

End of Sep, AntEx already launched Antex - Blockchain wallet with many attractive features such as automatically adding new chains (with more than 70 chains) and more than 500 tokens, NFT storage, and Swap AI.

 

In October 2021, AntLaunch incubator will come into operation, promising to bring many quality investment projects to the community. Also in October 2021, VNDT wallet will be upgraded with V-Pay feature so that users can use all online financial transaction services through Vimo's support.

 

And here is our Road map, will show you very clearly what we will do in next 100 days in Q4/2021

 

- VNDT Wallet - Release function: Crypto Loan

- Launching Co-branded cards

- Launching AntEx Academy & Research

- Launching AntLab

- Research VN Smart Chain

- VNDT Wallet - Release function: QR-Code Payment function

  (Air-ticket, Hotel, Shopping Mall, Utilities, etc.)

- Launching AntLaunch (v.2)

 

Questions for Part 2 - Pre-collected questions from Twitter:

Question 1:Holding ANTEX token will help the investor to participate in IDOV and be the first list to purchase a token on ILO. So, is there a minimum amount to hold to be able to purchase a token on ILO? Aside from these benefits, what other privileges and benefits for $ANTEX token holders? @Rockabye1985

Antex:There will 05 another unique futures for $ANTEX token holders:

- Holding ANTEX token on VNDT wallet, you will receive partner-level incentives with reduced fees, increased interest rates on savings packages and many other incentives. 

- Holding ANTEX token will help projects reduce their lock token fees and lock liquidity fees on the AntLock platform.

- ANTEX token will be used to pay fees for project support services on the Antex - Blockchain wallet

- The ANTEX token will be an utility token operating on the blockchain platform that AntEx deploys in the future.

- ANTEX token will be used as a mortgage digital asset and saving on VNDT wallet.

Question 2:I was reading your whitepaper and I realized that there exist a pair called "VNDT/VND", so VNDT is the stablecoin, but what is the VND? Can you tell us its roles? @nguyennguyen596

Antex:VND is Vietnam Dong, VNDT is an open-source stable coin, based on smart contracts. The financial market requires an exchange method that has stable prices. The financial protocol which uses in Antex platform allows VNDT will be a stable-coin for the whole platform. Users can deposit from fiat gateway via Ngan Luong seamlessly and then, there will be easily connected in crypto zone. 

The agreement states clearly that Ngan Luong will guarantee the ratio VNDT 01: 01 VND. Ngan Luong is custodian liquidity for VNDT.

Question 3:I see that Antex is providing incubation for new and emerging projects in its "AntLaunch" product. May I know, before accepting a new project for your incubation and IDO sales, is there a set of standards the project must meet in order to qualify? If so, what are your requirements? @KieuRestina48

Antex:Almost all previous projects faced various problems such as poor financial management, no token lock, and liquidity lock lead price fluctuations before and after release. The companionship of the token buyers in earlier rounds, such as Seed / Private, has been reduced to the lowest level, causing the token price to be sold off immediately upon listing to recover capital.

Furthermore, there are only P2P interactions between the startup project and the token buyers. Without adequate protection for token purchasers, they may lose their capitals and investment profits if the Developers/Founding Teams intentionally or unintentionally lose the project assets. The risk of losing all the invested amount will be the people buying the token.

The Developers/Founding Teams themselves face difficulties when publishing their project information, completing capital raising, listing tokens on exchanges, and ensuring safety with the raised funds.

The following items that show how launching token projects need to match these standards

- Products (that solve a specific market’s needs) 

- Targeted market 

- Fundraising/Tokenomics 

- Team 

- Competitive Advantage 

- Company’s geography 

- Number of staffs 

- Listing exchange (planned) 

- Social media channels.

The AntLaunch team will review those requirements with different appraisal standards in order to get the launching qualification.

Question 4:What security measures has Antex taken to keep investors and users' funds safe? Is Antex's security system always audited to avoid unwanted things? How important is security to you? @PearlineCarr4

Antex:Secured is another thing very importance with us like how to make people trust on our project, how to secure project and price always increasing even you know the market is always up and down. 

With Lock and Vesting Seed round, Private Round and Presale Round tokens, and with the strongest marketing plan, we believe we can make ANTI-WHALE to cover and protect our AntEx-er. 

 

$ANTEX is decentralized and supported by its community of enthusiasts. We encourage open communication and believe trust, transparency, and community are the 3 pillars to building longevity. Our team is self-funded and acquired an initial investment from NextTech with 2,5 million US Dollars. However, in order to keep the long last journey for the project, we still need to run the fundraising via token sales for (1) ensuring the long term of the project and (2) raising communities for the AntEx Ecosystem platform. We’d like to make the platform a community-driven platform. This ecosystem belongs to the community. 

PART 3: BEST LIVE QUESTIONS CRYPTOFAMILY GROUP

Question 1:AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?

Antex:Yes, we have. Our first Audit firm was Certik. Below is our audit report.

https://www.certik.org/projects/antex 

Antex will select more audit firm to audit our next smart contract.

Question 2:Do you have any Coin Burn / BuyBack systems or any Token Burn plans to increase the value of Token & attract Investors to invest? 

Antex:Yes, We have. We will have a burning mechanism to burn such an unnecessary number of ANTEX tokens that lead to inflation. Also, ANTEX will take 30% from the platform’s profit to the ANTEX Treasury for buying back and burning

Question 3:Many NEW projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?

Antex:Beside our clear roadmap, we allocate 25% of the money raised will be used for Marketing and PR, Affiliate marketing: through-out Publishers (promoters) to advertise AntEx's products and services to the community of Publishers. VNDT products are applying this method as a core method to expand the market. There are currently five levels of partners on the VNDT wallet. With each partner level, the benefits will be different.

Digital Marketing with seven main Platforms, including:

Website (core platform)

Online advertising

Social Media

Search (SEO and SEM)

Mobile & Game to improve customer experience

Partnership work

Kols booking

That will belong to the long-term for always keeping the project hot in Big Crypto Market.

Question 4:For each project, community factors contribute to the success of the project. Do you have any plans for long-term community development?

Antex:From last 2 weeks of September onward, We are aggressively doing the global marketing via social media channels such as Telegram, Twitter, Youtube and so on.

We will select such creditable crypto community like CryptoFamily and other more famous commodities in the world to make the AMA weekly and monthly. 

Selecting KOLs venture as well as Crypto KOLs who keen on investing to us and contribute their great efforts to share our successful journey.

There are 50% of nearly 100,000 active users from 32 countries that downloaded our VNDT Wallet. The more users will come with our other upcoming products. So, our plan is to create the community from those countries and so on.

Question 5:Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?

Antex:According to our ecosystem, our project is global project. At the moment, Vietnam market and Asia Pacific markets are our focus markets. We will target on the potential markets demands on our products to gain the users/communities. The best platform is the most users' based one. 

By the end of next Q1/2022, We expect to gain up to 300K - 0.5 mil users based at least 10 markets that support and use our platform. Currently, we are nearly +100K user community alrd.

We expect by November, when we finish our token sales. We will list to Top 5 popular exchanges in the world and we will spend much expenditures on the global marketing campaigns to gain that target.

 

 

For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:

Global Community Telegram https://t.me/AntExChat
Vietnamese Community Telegram https://t.me/AntExVietnam 

Twitter https://twitter.com/AntEx_Offical 

Medium https://medium.com/@AntExOfficial