Cosmos Club with Demex

Recorded: Feb. 1, 2023 Duration: 0:45:28

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Hey guys, welcome to the Cosmos Club. We are live and I can see DMX and CJ. You are able to speak also. Are you guys able to hear me loud and clear?
Yes, I am at least so I assume everybody else is also
Should the team access also be the main account also be a speaker or I just accept that's fine. I don't know if she'll be speaking, but we can just make make that account a speaker, no problem. Yeah, I assume it's not a spam account. The DMX main account.
Okay, yeah, it's the DMACC me an account. Yeah, yeah, all good, all good. Great. Let's just give people a few minutes, but yeah, how's it going today? Where are you based? So we are based in Singapore. We are about the the studio team.
right? It has about 20 class people and yeah we are mainly based in Singapore. Beautiful. I'm sitting here in Grey Rainy Copenhagen so yeah not getting out, not getting grass on my feet anytime soon. That's for sure.
All right, but I think it's officially 2pm at least where I'm sitting. So this is kick up. Welcome everyone to the Customs Club. We'll be talking all things Cosmos, which we did about what's going on and then we invite interesting, fascinating, hardworking builders of the Cosmos ecosystem. And today we got you, CJA from DMX. Welcome
to the club. Hey, thanks for having us. Happy to be here. So let's just dive right in. Perhaps you can just introduce yourself and to the uninitiated, what is DMX and why should they pay attention here? Sure. Hey everyone. So I'm CJ. I am the business
development and chief strategy at Switcho. And I'm just going to give a quick introduction to the different entities because I know it can be a bit confusing. So Switcho is the legalized entity that is based in Singapore where all docs so you can read out our profile, you know that we're not anonymous in all that. And our product is the carbon network.
which is our layer 1 ecosystem that is built on the cost most SDK and it will also be supporting a permissionless, solidity, smart contract platform next week or sometime in this month, hopefully. And our main most popular depth is called DMX which is the ones that you guys should be familiar with.
Because that's the one that you can actually go on and try out different things So the max basically our goal is really straightforward It's to be the only one defy hub where you can do anything that you need in defy and you don't have to use like a centralized exchange for For anything whether it's trading whether it's investing etc. So that's our goal
Yeah, and I think it shows and thank you by the way for clarifying the difference because a lot of people I can see from the community and by the way a lot of people are super excited. So kudos to you and your team. But a lot of people is asking the difference.
you know, distinction between the carbon team, the DMX team, and yeah, there's multiple players, it seems, but you are working in the collective front. It seems to make a one-stop shop or all things crypto and DeFi that you want to do. That's right.
Awesome. So perhaps just take us a little bit back. Like how did you guys get started? Like how did we arrive to this day with DMX? Sure, my pleasure. So we do have a little bit of history starting back in 2018 where we first won a new hackathon. So new is the is another
ecosystem that is popular in China. But it's not too popular right now, but that's where we came from. We created the first club base next on new. So club stands for Central Limit Other Book. And if you have used a centralized exchange, then your limit orders that you set
basically you are interacting with a central limit audiobook. So we launched our cloud decks in 2018 on the Neo ecosystem. So we do have quite a few years of history in running cloud decks. And it was a the first of its kind on Neo fully non-class studio fully permissionless and basically
The reason why we did that was because in 2017 there was a cripple bull run and a lot of exchanges were just getting basically hacked right left and right. It's like a honeypot for hackers. So they didn't take security seriously, users that put their funds in, they lost a lot of money and we were basically thinking
like hey crypto is meant to be like permissionless non-castelier you protect your own assets. So why are you giving your assets away to a centralized exchange? It's like the complete opposite of what crypto was meant to be. So with that region we created the first decentralized new decks in well in
And very soon after that we created the first atomic swap between different chains because we understood that new was done everything. There was so many other crypto ecosystems in the world and they don't talk to each other very well, right because they have different consensus algorithms, whatever. And while we did
was create an atomic swap, which is like a cross chain native cross chain swap between a new and the Ethereum ecosystem, because these two ecosystem were very popular back then. And you can basically like sign in with your your web tree, Ethereum wallet and then your new wallet and then you make a swap.
That's basically like what Torchain is doing. Of course, Torchain is doing a very complicated model, but that's the general gist. Native blockchain swaps was achieved by our team in 2018. That was when we started to do like, blockchain stuff. But we do recognize that atomic swaps were
But we're not scalable. In order to be scalable, crypto needed standards. So that's why we were searching for a good standard to use. And then we saw the cost most SDK in 2018, which really was what we were looking for. So we talked about, but we eventually rebuilt our entire network on
to the Cosmos SDK and we joined IBC. So we are now part of the IBC game. And during that whole like re-adginering at the same time, there were regular three concerns and all that. So we re-bended ourselves from SID Joe onto carbon, the network, and then DMX, the exchange.
So that's a brief history. Nice. And great to have you both using the Cosmos SDK and being IPC enabled. But perhaps just talk to us a little bit about the decision to go from Neo to Cosmos.
Because obviously moving from Neo to Cosmos, assuming you had a lot of different ecosystems, a lot of different technologies, chains that you could have chosen. So why did the decision land on Cosmos? Yes, so our vision was always to create a truly decentralized but also
highly interoperable blockchain network. And, you know, itself is not really interoperable with other ecosystems. And when we saw the Cosmos IBC concept, right, back in 2018, we saw that they were building a standard for blockchain interoperability. This similar
to like the internet like TCP/IP where it basically allows for so many people to use the same standard to make things easier to work together to integrate. So we saw that this was where the future of blockchain was heading into our probability and we basically knew that okay if we want to
to become relevant, to stay relevant, we have to move to a new standard where basically inter blockchain communication was standardized. So everything and all the collaborations and integrations with other protocols and networks will be a lot easier. And I think that was in hindsight a really good move.
Definitely. The cosmos is expanding and I think a lot of people recognize this huge value proposition, which will only get bigger by the way, as the cosmos grows. Great. So let's talk about the products. DMX, honestly, I am just flabbergasted, amazed.
by what you've built. For those of you who haven't tried, you can go on dm.exchange. And really the first thing that I noticed when I first interacted with DMX is how elegance and smooth the experiences. I mean, honestly, it feels like I'm using Binance or some centralized
tool or exchange. It's really, really slick, really, really smooth. You have all these different products for patchy trading, margin trading. You got a leading and borrowing market with Nitron. There's just so much that I would expect from a centralized exchange, but not a decentralized exchange.
So really well done there and I think you're really delivering on the promise of being on one stop shop for all things D5. But yeah, to walk us through what a user can do on DMX and perhaps also what is coming in the future both near term and don't you? Yeah, we'll be happy to.
So if you're excited about what we have now, we can't wait to share with you guys what we have coming this year. We have an article that is coming out this week that has our roadmap for the year and it's going to have so many exciting features that I will share about in due time. But for today, we're going to talk about what we can do right now, live on the main net. So our goal
is basically to have a place where you can trade every asset. So if you think about it on a on Binance, for example, you can trade any asset from whatever ecosystem, whether it's like the app store token or the Solana token or like Ethereum token or whatever asset that you can you can that's existing in crypto, you can basically
in one single platform without going to any other wallets or ecosystems. So that's the experience that we're trying to create on DMAX. And that's why if you go over to DMAX, you will see all kinds of assets from all ecosystems, whether it's EVM, it's non EVM, or even if it's IBC. We have so many
IBC change that we are supporting and integrating with every week. So that's one of the first things that we are very proud of is a cross-chain decentralized exchange where you can trade all kinds of assets and we are also launching more pubs every month. So pubs are all of the rage right now.
That's where you can do leverage and then you can trade with By going long and going short so you can also bet on prices going down Which is something you can't really do with with spot so our pubs right now support at them as well as osmosis for people who are in the cargo ecosystem But of course also it comes with big corn
and Ethereum perps. So we support spot as well as perps. And what's interesting about us is that we also have this liquidity model where you can basically provide liquidity in an AMM very similar to like on Unisok where you provide 5050 if you have two of the same
asset and what we do is that we take that liquidity and we would spread it across the other book. So if you if you are coming from D5 this should be familiar familiar concept where you put pull liquidity and then you can other people can trade it and then you get like a bit of the
trading fees as in exchange for providing the great. So we launched that in 2020 and that has helped us to be basically a hybrid platform where whether you are a coming from defied and familiar with the creative rules or whether you are a sophisticated market maker that use only other books for your
market making, both of them both approaches are available on the DMX. Yeah, beautiful. Yeah, sorry, go ahead. Yeah, so but one of the things that I'm very proud of is our flexible network fees. So one of the main teams this year is
accessibility. We understand that most of the time when people go on to crypto, especially if they are first time, they go through a centralized exchange and then they come on to like a divide. But we don't want that. So that's why this year we are introducing a lot of new features that would allow for much greater accessibility.
and convenience in terms of the onboarding such that you can directly unwrap onto our platform and then you can trade even without our gas token. So, such a well-known feature is live already and you have a lot of different assets that you can use as your gas token such as like Ethereum or Ether, more Osmo or even like Stablecoin.
So you can just come in with a stable coin and you can start trading and you don't have to care about getting gas from somewhere. You don't have to ask your friends if they can send you gas. That's one of the features that we really enjoy. And we are also creating this new feature that will come live next week called group tokens where all of the different USDCs
will basically just become US/USDC or USD. If you try moving different XLR/USDC around in Cosmos, you might know what I'm talking about where different channel ID, XLR/USDC just doesn't show up. You have to send it back and send it through a different route in order
to have the right channel ID of XLRUSDC on your platform. So as a deck, if you are a user and you use Binance before, you know it all gets converted onto BUSD at the moment. So we have basically introduced a similar feature where everything just comes in
Anything that can be redeemed into USD/C on Ethereum will come in as USD and that's going to make the user experience a lot better. So you don't have to play around with so many different stablecoins. There's so many right now. So that's one of the features that will improve security and improve the overall user experience.
Awesome. And yeah, just to dumb it down a bit because it is perhaps a bit overwhelming because you have so many features and building this one-stop shop. Naturally, it becomes sometimes a bit overwhelming for, I don't know, new players in crypto
Navis users. But if you connect your wallet, you can go and see your balance. And just searching on Adam, for example, if you want to deposit, let's say Adam to the network, you'll see multiple options for Adam. And that might confuse some people.
I know certainly something in the ecosystem has asked that question. So you'll see for example, Adam on the Binance chain, you'll see Adam obviously from the Cosmos hub, you'll see liquid-sticked Adam, like R Adam from Staffey hub or Stride.
And then you have the sort of, I guess you can call it a native to the carbon chain or interest bearing carbon chain tokens with a CIP atom. So basically you can deposit atom from different networks, different chains onto carbon and then
do all this cool DeFi stuff. But just a question on this, the CIP token, what is this interest-sparing token and how is it sort of different or perhaps comparable to liquid state tokens? So interest-sparing tokens are basically specifically
carbon interest bearing tokens are basically just tokens that are deposited on our money market. So they basically would incur a crude interest from the borrowers. So these are also, they basically receipt tokens of the collateral that is inside the money market.
Make sense. So if I deposit, let's say, Adam to the money market on the Nitron, then I get CIP Adam in return. And then can I do something with that? Or yeah, just
quick token and you can do anything that you want with it. I believe. Yeah. Nice. So I can stay good or maybe not stay good but it is eligible pool. I can do all kinds of things with it. Yeah, theoretically you can.
Nice, nice, awesome. So that's the current platform and then I don't know, I don't want to put you on the spot, but now that you mentioned that you can't wait for all these upcoming features, can you tell a little bit about what's in store? Yeah, sure. So I'll wait for
So that's installed in the very near term is referral module, like the referral link. So we are launching an atom put competition next week and together with that launch, we are launching a highly anticipated referral link system, which our community has been asking for about like a year
already. So that's finally done. And that means that you can create your own referral link and share with your friends to get them to come in and trade at a discount. And you also earn a small rebate based on what they based on their trading volume as well. So this is going to help make our community
We have a brand ambassador program. They can basically say, "Hey, I want to promote D-Mex." Very, very hard. I want to get a referral link that is a bit better than a typical referral link. All of this is coming next week with our atom-pub competition.
very excited to to share it and I'm gonna like do my own YouTube channel and I'm gonna try trading and gonna use this DMX platform to be my trading platform and also like share my refrolling there so I'm gonna try to like basically spread the word of DMX with with the refrolling feature help us in Brenner when it's a lot
Definitely. And I know you have a passion of community, so I'm sure referral links will get spread widely once you open up for that feature. So that's great. And great timing also with all the features that you have built now in the different products. Tell us a little bit about the token.
So DMX token, native token, I guess you can say, is the SWTH token. And I think that's also where some confusion is created for some people at least that, you know, people are used to say, like if they have, for example, osmosis, the token is osmo, if they have gera, the token is kuchi, like,
It's very easy to see the connection. But with SWTH, what's the story there? Yeah, definitely right. And we definitely recognize this as a branding issue that we are looking to solve this year as well. So Swift, our SWTH used to be called SIDJO, which is the name of our developments to deal
But there was also the name of the exchange back then so switch to Joe came from the two words switch No because our decks last time was on the new ecosystem and basically will allow people to switch between different new assets That's why switch to Joe switch new and we will remove over the cosmos it was
It was challenging to re-brand the token because it was already circulating. There was a community around it. So we didn't want to go through that process. And the tech back then wouldn't allow such a conversion to be very easy. Because back then it's like 2019.
not a lot of infrastructure and tooling has been done. But in today's age, there's a lot more tooling, a lot more infrastructure in place. And we are exploring rebranding the token into like a carbon token like C-A-R, B-O-N. I'm not very sure what the ticker will be there yet.
we can do like a simple way where you just wrap it into like cardboard so just be packed to it similar to how if when you trade it becomes a wrap if so same idea so we're exploring that but yeah that's a short history of where the token came from and to pronounce it it's it's swift that
That's the pronunciation, because even our community unsure what's the proper pronunciation for that. Gotcha. And the tokenomics around Swift, what's the, yeah, it's a torus through the tokenomics basically. Yeah. So we are very similar.
As a like a real-yield chain thing of us as the in between of kujji chain where it's like pure pure real-yield There's no inflation and osmosis where there's still a lot of inflation And they are but they are working to solve that problem and make their token more valuable
So our chain is about five years of inflation schedule and we are about four years in. So the amount of inflation left is only about 20%. So most of the inflation is out in the hands of our community. So that's why we are also very community driven. And what I say we are real yield chain is because
I wish I could show my screen, but when you provide liquidity or when you stick swift, you get a cut of every single trade or a D5 activity that happens on our chain. So I stick swift for example, I'll get like when someone trades at them, I get a bit of atom and someone trades like USDC, I'll get
some of the USDC. So when I go and claim my rewards, I get a whole list of different assets that I can claim. And that's a similar idea to our Kujira data as well. Yeah, makes sense, makes sense. And just now that you mentioned Kujira and Pratt,
perhaps also other ecosystem like Injective is also a name or a platform that comes up. How do you guys compare to these? Maybe it's difficult to say in general, but now you mentioned Kujir as a week to start there. Yeah, so I would say mainly that we are similar in a lot of our features. We are both crop taxes.
They have cross margin. We have perps. They have margin trading. We have perps. But our margin trading will also be coming as well. But one of the main difference is that right now we do support a money market, but we also have various
integrations with many other protocols to come out with interesting D5 strategies like for example we support stride assets, stride liquid stick assets so that means like ST atom which earns about 20% a year from its sticking rewards can be accepted as a collateral on Nitron for you to borrow a
So these are some of the more advanced, like, defy strategies that we try to implement and enable on our platform for our users. And we have like a lot of new features that are upcoming that will more or less differentiate us from other ecosystems. So we try to really
focus on what we are doing and stay in our lane. And sometimes there is a lot of great ideas that are converged into a single feature that is very common across all different decks. But that's just how it works sometimes and we will just keep innovating and coming up with different cool features.
Makes sense. And I think one of the killer features that you guys have, which I hear also from the community again and again, is this way of being able to just deposit assets from all kinds of chains onto one, the one stop shop as I like to call it, right? So a question
on that is how do you do that? Do you use a bridge? Because you also integrate with non-IPC chains, like finance, smart chain, Ethereum, etc. So how do you manage to do that without, or perhaps you are using a bridge?
So we work with multiple bridging partners and they are all updated. So for the chains that you see that are not supported by XLR is using this bridge card poly network, but we don't just stop there. We add our own additional layer of security on top.
of the bridge. So in case something were to go wrong with the bridge, the assets are actually safe and it will not be drained as well. So we have been in crypto for like four or five years, which is a pretty long time and we haven't had a funds being lost from bridge exploits so far.
Nice, nice. And that's actually one community question as well about security. Not so much on the bridge side, but on the money market side. Because I think that's at least what I see. You're getting a lot of attention these days for your money market, Nitron, where you can, for example, deposit
liquid state assets like ST add-on and then borrow add-on and then just go in circles totally degenerate out and like a lot of people are sure is doing but of course with these decentralized money markets we know that flash loans are an issue
there's you know all these different things that can happen on a security side. Perhaps it's difficult to do a flash loan attack on Adam because it's such a big coin and such big market cap but how do you safeguard against something like this? How do you safeguard against the flash loans for example?
That's an excellent question. So first of all, DMX on its own, also specifically carbon does not have any flash loans capability. So no malicious actor can use any of the assets that are on Nitron for a flash load attack on its own platform.
that's the first thing. And secondly, more importantly, we have really robust articles that will enable a top. So, top stands for time rated average price. And one of the tricks about flash loan is that the name flash means that it has to be done on a single block. And if we top
the prices, then it doesn't matter if you do it in a single block because our algorithm will not recognize the price manipulation that takes place in that one block. We use a average rate of price, average rate of price across time. And that's how we will avoid flash loans, but also additionally we are
our own network. So if someone were to use a flash loan, let's say Osmosis enables flash loan, I'm not too sure if Mars protocol they just launch enables flash loan on their platform. We are not the same network. So using a flash loan assets
from another network to attack our network will not work because our blocks are not synced, they're not the same. So hopefully then answers that question. Yeah. And how about other products throughout DMX? I don't know, the pools perhaps or the
perpetual the perps that you have on the is there any any tech that you have to safeguard against the potential attacks? Yes, I'm really glad you are so weird. I think we are one of the first if not the first to implement an ADL mechanism for our purpose so ADL stands for auto-dead
leveraging. This is a feature that is very famous on centralized exchanges where they prevent a trader from making too much money. So auto-deliveraging, as its name states, will auto-deliverage a profitable trader whenever his trade is basically bankrupting some
is basically bankrupt, we will basically stop the trade, close off its position. So this is not the best for that profitable trader, but this basically socializes the losses onto the trader to basically protect the protocol. So the protocol don't actually lose money, they don't
anyone that because we will close off overly profitable positions when bankruptcy happens. So this is done across all of the famous that are success like your bitmags, your buy-bit, your Binance, etc. So we have implemented that on our Dex as well and I think we might be the only one that has this.
Nice. That's awesome. Is that something that has there been a big case of this? A big hack somewhere that is notoriously famous, which I don't know about. Perhaps others don't know about. I guess this is not really a hack. It's more of the protocols.
because financial health in ensuring that there's no bad depth to users. So one famous example was back in a start of 2019 on BitMax where you know Bitcoin price after that huge drop from $6K or $3K and then it just pumped back up to
like 6K. There were a lot of traders that were highly leveraged long and basically they were good on wipe out beat max fun and they basically just close off the profitable trade. So that was a famous example of that. Yeah and I think now that I think about it.
the mango markets hacker, Eisenberg, who talks himself. He was bragging on Twitter, I remember, about how he did an open market operation. He didn't hack. It was a highly profitable trade, as you called it, I think.
Now is in jail, so probably not so legal as the originally thought. But I guess that's also something that's part controversy. But yeah, I think that's a good example, right, of a hacker that is doing obviously open market operations, but really squeezing, pushing out the price, squeezing out and deputating people.
the living love added to everybody else basically. Yeah, so if if mango, if their pubs had our idea mechanism, he would have gotten away with quite a bit of money, but way less than what he actually got, because his position, his profitable trade position would have been closed out pretty early.
Yeah, exactly. Awesome. So we talked a little bit about all the different features. We talked about how you guys integrate with Cosmos. Not so many people, I think, is changing now pretty fast, but not so many people know about you. How are you guys building partnerships?
How are you guys getting the word out? I think you are doing a fantastic job and you guys are getting more and more active. But are you doing any partnerships with other protocols, the ecosystems? How is that going? Yeah, I'm glad you asked that question. We have been working really hard behind the scenes over the past few years.
And it's only this year where I basically stepped up to become one of the business developers. So previously we didn't have any like defy degen on the fun-facing site. We have degen on the backend as the engineers, but they're not really like marketers. So we have way too many engineers
and two little marketers in our company at the moment. They basically got me to be promoted more on my socials because I am a DeFi DJ and I have been in DeFi for a while and I am familiar with the platform and I think that it's great potential. I want to bring this
a cool platform to more people and I agree to that, to that basically the new position. And I basically am just hustling, meeting with new protocols. I think I meet with four protocols every day and we just keep sharing the world and trying to figure out if we can collaborate with partnership integrations.
So I think if you see on our governance forum right now, we have Stripe and Eris having a governance discussion about integrating with DMX for our money market and that has gotten a lot of eyeballs. So we are hoping that we can continue to engage with our community, engage with the wider cost
small audience and even non-consumers audience because we have exciting stuff with arbitrum ecosystem coming soon for example we are going to have a Twitter spaces with GMX we're going to have a Twitter spaces with arbitrum itself the layer 2 coming soon because we've just launched an integration with arbitrum so we're doing a lot of things to get a lot more coming
community outreach and Brennan-Wanners. We're doing like a meet the team and an office video tour coming soon because we are all dogs and I just thought we should let the community know that, no who the people behind the protocol are. I thought that would be a good idea to get more credibility and assurance. Yeah, so we're doing a lot of things. Definitely.
definitely. And I think a lot of crypto blockchain projects, they start like this, right? They're in the basement, they're building for sometimes a long time to really build out solid tech. And then only after a few years, then they start doxing themselves and becoming a public figure really. And that's certainly something that
we've seen in other Cosmos projects. So you're not alone, I think, for anyone who's giving you any comments on how you haven't been pushing the BDE development hard enough, I think this is just natural in our industry that the projects are doing stuff like this. You mentioned something interesting.
interesting. You mentioned DMX, which I think a lot of people also, also the user interface on most resembles GMX, which is massively successful. Are you guys considering doing like crypto index, like GMX have done and similar projects? Is that something that you are perhaps in the making of doing?
That's an excellent question. I can't give any comments at this point in time. So that will be my answer unfortunately. To GPD? Yes. I mean, no comments, but do continue to be excited with what we're coming because it might surprise you. I can say this.
we are launching a new liquidity mechanism that will be able to do a nice trading and liquidity on cost most. That's what I can say. That's what I can comment on. Awesome. Awesome. People are just hungry for alpha, especially with platforms and products that are doing so many things.
things, shipping fast, they know that there's a lot of alpha-2b spilled, basically. So that's why I can also see from the community. They're asking a lot of these questions. So I will take it as a compliment, basically. Yeah, thank you.
There's a basic sort of novice question here that I think is worth just bringing home for everybody being on the same page. And that is, can you explain the meaning of cross-chain liquidity and settlement and how does it benefit the user basically? We touched upon it already, but I think it is something
that is quite new, quite maybe not revolutionary, but something that is really different from the previous bull market. You couldn't do that in the same way. So what is the meaning of cross-chain liquidity and settlement and how you guys are bringing it to life basically? Yeah, so it's not
anything too new. As we mentioned, we are a cross-chain deck. So what that means is that when you send assets over, we work with multiple bridging partners to bridge the asset. So when they are on DMAX, they are a web version of the asset. And when you send it out, that's when the settlement
happen. So when you set it in on to DMAX, you can do any trade that you want at really low cost. We have like really low transaction fees less than a cent per trade. And when you actually set it back onto its native ecosystem, that's when the settlement happens on the on that native ecosystem slager. So that's basically what it means. We've
cross-chain settlements. Makes sense. If anyone wants to read more about what you build, how it works, all these things, is there any good articles, any good documentation that they can read through? Yeah, there's so many. So we have a block that we
published regularly. So I'm a research analyst. I published research articles from time to time, but now I'm publishing a lot of our features, our updates and how the tech actually works. And that can be found on our website, like suture.com. But for our technical.com,
documentation as well as our user documentation, you can head over to guide.carbon.net. Or guide.dmg. It's a guide.dm.exchange and you can find all of the information that you need. If you can't find anything, you can find something just shoot us a message on our telegram. I respond really quickly.
on that platform as well. Beautiful. I was the telegram handle just for everybody to so they know. Yeah, so it's telegram is t.me/carbon_ecosystem. So carbon_ecosystem, that's how you can find out some telegram.
And browsing through the website and articles, etc. There's a question from the community also about the team behind. You also mentioned that briefly that you're starting to talk to yourself and show a face. Okay, fair enough. So they can be found on the website as well.
Yes, you can find us on I'm not sure we have a team stage, but we definitely do have a photo shoot that we did that I think we uploaded as well So you can you can see everyone everyone's face you can know who who is the team behind it Nice and how is the team consolation is it mainly making
made up of technologists, developers, or talk to us a bit about the team, basically. Sure. So I think there's about, we have about 20 plus people. I basically, everyone's an engineer except for us, why in marketing? Yeah, makes sense.
That's typically how it seems looks like in crypto and blockchain projects. Yeah. Awesome. So is there anything CJ that you want to leave the community with? We've been touching upon many different subjects and many of these
has been sourced from the community. I don't know, we have like 20 questions to go through. Some of them, of course, overlap with both the questions that I have prepared and they overlap with other community members. But is there anything you want to leave the community with? Yeah, so we have this exciting at the
competition coming next week and we want to just let everyone know that there's going to be a welcome bonus. So if you have never tried training on DMX before or even if you have tried training on DMX before, just go through the competition welcome bonus and you can get I think it's either $10 or $20.
Just for making a few trades so that doesn't matter whether you are new or whether you are returning if you just place a few trades once our competition is live you can get 10 to 20 dollars if you are the first I think it's 50 or it might be 100 I'm not too sure but that's that's that's a way for us to like welcome you guys until into our plan
and we also have a losers rebate if I'm not wrong. So if you trade and you lose money up to $30 we will give you back. So if you trade like small amounts basically even if you lose we will give you the whole thing back. So you have nothing to fear trading on on our platform if you just wanting to to play around.
And when is that campaign launched or is it launched already? When is the date basically? So we aim to have it live by next Thursday, which is 9th of February, but this is not confirmed. It's an internal deadline and we try to edit it down. Yeah. Makes sense. CJ, thank you so much for coming on and being so generous with your
time. This has been great and I think you guys at the DMX and carbon in general you well deserved of all the time that you can get to speak to the customers community but thank you so much for what you're doing and for anyone who wants to listen or re-listen to this obviously this is being recorded.
it as a space, but we also have uploaded on Spotify and all the other platforms where you can listen to episodes like this and other stuff we've had on. Thank you so much, CJ, for joining us today. No problem, my pleasure, and hope we can be on your platform again sometime in the near future. Definitely. And actually on that, we
on Twitter we already talked about doing a YouTube live where you sort of demo the platform, demo what you can do. I think that makes a lot of sense with all these different features. It's always hard to grasp when you can see it on a screen. So I think next time we meet we will do it face to face via YouTube live.
Yeah, that sounds great. I look forward to that. Beautiful. Thank you so much, CJ, and take care. All right, you too. Take care and thanks everyone for coming. Ciao.