Recap: Ravendex AMA On Bitmart Telegram Channel

Here is a recap of our AMA on Bitmart’s Telegram Channel

Yommey Admin (I Never DM First / Never Call),

Hi Everyone 👋

Yommey Admin (I Never DM First / Never Call),

It’s another AMA session today 😊

Yommey Admin (I Never DM First / Never Call),

@romonloc , the Chief information Officer from the Ravendex Team is already with us

Yommey Admin (I Never DM First / Never Call),

Please say hello to the Bitmart community @romonloc

Ravendex CMO,

Hi Bitmart Community!

It’s a pleasure being in your Community

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Thank you for joining us and sorry for the slight delay

Yommey Admin (I Never DM First / Never Call),

Because we a few minutes behind I will like us to go straight into the AMA proper

Yommey Admin (I Never DM First / Never Call),

Q1. Please make a brief introduction of yourself.

Ravendex CMO,

Hello Esteemed Bitmart Community. I Am Roman Loc

I am the chief Information Officer Of Ravendex, A Decentralised Token Swap Protocol Being Built On Cardano.

I’m very happy to join this community for this AMA and shed more light about our project and what we are building.

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Good one😊

Yommey Admin (I Never DM First / Never Call),

So let’s dive into it. Further questions will be project based questions now

Ravendex CMO,

[In reply to Yommey Admin (I Never DM First / Never Call)]

Okay

Yommey Admin (I Never DM First / Never Call),

Q2. Please make a brief introduction of the Ravendex Project to the community

Ravendex CMO,

[In reply to Yommey Admin (I Never DM First / Never Call)]

We introduced Ravendex project late Last year with a mission to build a Full feature packed Decentralized Exchange On Cardano

Ravendex when launched will enable swift and seamless swaps between ADA & cardano Native Tokens, utilising the low fees of the Cardano ecosystem.

Ravendex CMO,

Ravendex Idea was birthed out of the need to create a truly decentralised and permissionless platform for the exchange of cardano native tokens.

Yommey Admin (I Never DM First / Never Call),

Thank you for that

Yommey Admin (I Never DM First / Never Call),

Pretty interesting one there

Yommey Admin (I Never DM First / Never Call),

Q3. So tell us What is the goal of Ravendex?

Ravendex CMO,

We started This project With A Sole Aim, to become the number one DEX with the highest TVL (Total Value Locked) within the Cardano ecosystem while at the same time be an accelerator that would launch up and coming Cardano Projects.

Yommey Admin (I Never DM First / Never Call),

Q4. What exactly Makes Ravendex unique?

Ravendex CMO,

There are lots of factors that would make our project truly Unique.

We are currently in the process of developing a suite of De-Fi tailored services which will include but not limited to

A Cardano decentralized Exchange

A Staking Platform

A launchpad

With all these products when developed, we would be on the path to becoming the De-Fi hub of the Cardano ecosystem.

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Right said. Hope for the best

Yommey Admin (I Never DM First / Never Call),

So we’ll like to know about the progress

Yommey Admin (I Never DM First / Never Call),

Q5. What Is The Project Progress So Far?

Ravendex CMO,

We have actually achieved a lot since after announcing our project.

We have finished the front end development of our Swap Platform, we are currently integrating with the Swap & Liquidity Contracts and also at the same time in the process of deploying our staking and launchpad platforms on the Cardano testnet.

Also, Our Utility token Rave is currently trading on Bitmart right now as we speak.

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

That’s already a long way up.

Yommey Admin (I Never DM First / Never Call),

Wish the team success in development

Yommey Admin (I Never DM First / Never Call),

So talking about your native token, RAVE

Yommey Admin (I Never DM First / Never Call),

Q6. What are The Use Cases Of $RAVE Token

Ravendex CMO,

Our Utility Token Rave will have multiple utilities like:

Staking:

$Rave token holders can utilize our staking platform when launched to up to 25% additional return on staked assets.

The amount of $RAVE allocated determines the size of the stake and rewards are paid out after each cycle.

$RAVE Liquidity Mining Program

When holding $RAVE, you can choose to provide liquidity to projects on our DEX and receive a percentage of the liquidity fees. A solution much like staking.

Paying For Platform Fees

Vetted Projects Can Apply For IDO on our launchpad and fees will be paid in $Rave Tokens.

You can read More about our Token Here: https://docs.ravendex.io/tokenomics/rave-token

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Cool😊

Yommey Admin (I Never DM First / Never Call),

Thank you for sharing such vital info

Yommey Admin (I Never DM First / Never Call),

Still have about few questions

Yommey Admin (I Never DM First / Never Call),

Q7. What are your Marketing Plans? & Any partnerships Coming Soon?

Ravendex CMO,

We are big on Marketing as it’s essential that any crypto project remains in the news to create awareness and attract new enthusiasts and as such,

We already kicked off a mild marketing campaign on Crypto blogs and also we are very close to having our first partnership with a media partner that would be announced in the coming days.

We would also engage YouTube influencers and other Notable Figures in the crypto Space to Review our product when we launch on the testnet.

This will in turn increase the adoption of our platform and increase our token demand and effectively, the price.

Yommey Admin (I Never DM First / Never Call),

Q8. Wow… This sounds like a good plan, What is your Roadmap in the next Six Months?

Ravendex CMO,

We have a lot in store according to our roadmap.

We will be launching some of our products on the testnet which include

$RAVE Staking Platform

$RAVE NFT Staking & NFT Rewards Mechanism

DEX Testnest Launch

You can read the full roadmap with the completed phases below.

https://docs.ravendex.io/roadmap

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Great 👍

Yommey Admin (I Never DM First / Never Call),

Thank you for for time answering my questions with concise answers

Yommey Admin (I Never DM First / Never Call),

Let me stop there from my end

Yommey Admin (I Never DM First / Never Call),

Right about now we’ll let the Audience too ask you some questions

Ravendex CMO,

[In reply to Yommey Admin (I Never DM First / Never Call)]

Okay, I’m Ready 😄

Yommey Admin (I Never DM First / Never Call),

Yes, thank you

Ravendex CMO,

[In reply to 🅲🅾

We have achieved a lot.

We are working Round The Clock To Launch The Dex on the testnet and subsequently on the mainnet in no distant time.

Ravendex CMO,

[In reply to Mr.RussLy Never DM you first]

We will be auditing the Smart Contracts when we have fully tested on the cardano testnet

Ravendex CMO,

[In reply to Lessie Lawson]

You can Read More About Our Ambassador program Here: https://ravendex.medium.com/ravendex-ambassador-program-launch-3b88c4806fab

Ravendex CMO,

[In reply to Chun Metzler]

We are barely 5 Months Old, here is a Image representation of our Roadmap

Ravendex CMO,

[In reply to Lorenzo Carr]

Yes, We do, we will be launching the testnet of our staking platform in no distant time.

Ravendex CMO,

[In reply to PUTRI.M.S Putri0220]

We already have a solid plan to make our project sustainable untill we evolve into a full DAO where the community makes 100% of the decisions affecting our Ecosystem

Ravendex CMO, [1/31/2022 5:59 PM]

[In reply to C O R V U S L U P U S]

yes, Our Token is trading on bitmart, You can Purchase below

https://www.bitmart.com/trade/en?symbol=RAVE_USDT&layout=basic

Ravendex CMO,

[In reply to Question Until]

Yes, You can check out our NFTs

https://nft.ravendex.io

Ravendex CMO,

[In reply to AI CHẢ NGÃ 1 ĐÔI LẦN]

Launching our Dex right now is our most important priority

Ravendex CMO,

@yommey_bitmart_admin I Guess i have answered Enough? 😀

Yommey Admin (I Never DM First / Never Call),

Just one more 😊

Yommey Admin (I Never DM First / Never Call),

We can have 10

Ravendex CMO,

[In reply to

yes, Join our Telegram Community (Raven’s Nest) as our ambassador program is ongoing

https://t.me/RaversNest

Yommey Admin (I Never DM First / Never Call),

Thank you sir for these responses..

Yommey Admin (I Never DM First / Never Call),

[In reply to Ravendex CMO]

Anyone with pressing questions should join the project community group for more information

Ravendex CMO,

[In reply to Yommey Admin (I Never DM First / Never Call)]

😃

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Ravendex

Ravendex

Raven is the first non-custodial Decentralized exchange on the Cardano Blockchain that allows swift and near instant transfer of assets.