AMA with Creditcoin

🎙 Join us for an AMA in the @Decentralized_Club Telegram group, where our honorable guest, Tae-Lim Oh (CEO) from Creditcoin will be answering your questions and providing more insights about their project. Also stand a chance to get rewarded.😉

📝 Guidelines:

Segment 1: Introduction (@cryptoTALK01 will interact with the Creditcoin team).
Segment 2: Twitter Questions.
Segment 3: Website questions.
Segment 4: Live telegram questions.

➖ A pool worth 100$ USDT to be airdropped.
1️⃣ 4 best Telegram questions get 10$ each.
2️⃣ 3 best Twitter questions get 10$ each.
3️⃣ 3 best Twitter questions get 10$ each.

📌 In order to be eligible for any prizes, you must join Creditcoin Official Telegram & Twitter before AMA! ‼️

➖ Date & Time: 11.10.2021 🗒 at 10AM (UTC) | 3.30PM (IST) | 6AM (EST) ⌚️

➖ Twitter Question Posting Link: ➡️

➖ Website Question Posting Link: ➡️

AMA with Creditcoin

➖ For more details:
https://www.creditcoin.org

📌 TnC:

▪️To be eligible for the rewards, please join the following Telegram and Twitter groups:

👉 https://t.me/decentralized_club
👉 https://t.me/creditcoinctc
👉 https://t.me/creditcoinofficial

👉 https://twitter.com/dens_club
👉 https://twitter.com/creditcoin

🌍 Know more: https://decentralizedclub.live/

54 thoughts on “AMA with Creditcoin”

  1. Have you been listed your #CreditCoin on any decentralized or centralized exchange if yes where can I invest and buy this Coins from?

    • Telegram Username: Rnx40
    Reply
  2. Only getting users, holders etc is not everything. In my opinion, a coin project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on? Please share with us!!

    • Telegram Username: Rnx40
    Reply
  3. Most solid projects with coins utility and good infrastructure but perform poorly because investors dumped after listing on the first exchange. How do you prevent early investors from dumping your coin price?

    • Telegram Username: Rnx40
    Reply
  4. For a fundraiser to find an investor ,the credit platform will assess the risk on the basis of credit history. Can you explain what all are included in this history? Can you tell us the case of a new fundraiser who comes into CREDIT? How do you consider the risks of investors?

    • Telegram Username: @albertjaison
    Reply
  5. I like the mission of CREDIT platform to create a place with borderless loan opportunities. But how do you find valid and loan deserving institutions or individuals? Do you have any field workers for this purpose?

    • Telegram Username: @albertjaison
    Reply
  6. Can anyone from anywhere in the world get loans in your platform? Or do you plan to expand in the future? What all items do you take in as collateral? Are digital assets also considered as collateral? Do the users need to hold $CREDIT to get full access to your platform?

    • Telegram Username: @albertjaison
    Reply
  7. Can you tell us about your plans for 2021 and for long-term? what you are currently focusing on and are you going to expand the list of big exchanges?

    • Telegram Username: @DungxPLCVN
    Reply
  8. Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?

    • Telegram Username: @DungxPLCVN
    Reply
  9. By driving transparency in its ecosystem, Creditcoin can help facilitate, the confidence and market information required for efficient credit markets. What are the characteristics of creditcoin that allows it to be a transparent platform? How do you claim not to be another scam project?

    • Telegram Username: @Josegamboac
    Reply
  10. The Creditcoin ecosystem involves two different tokens that represent the same underlying asset. $ CTC and $ G-CRE. What is the usefulness of each $ CTC and $ G-CRE token within the Creditcoin platform? Characteristics of these tokens? Why did you decide to have 2 tokens within the ecosystem?

    • Telegram Username: @Josegamboac
    Reply
  11. Destination transactions or retrieval of transaction data to / from Creditcoin Blockchain will use Credal: the Creditcoin API. What is Credal? How does Credal work? What advantages does it offer?

    • Telegram Username: @Josegamboac
    Reply
  12. Like what Infura does for the Ethereum network, Credal does it for Creditcoin The Red. Credal is an API middleware layer that radically simplifies the development of your loan application or platform. How does Credal work? What advantages does it offer?

    • Telegram Username: @lestmarisv13
    Reply
  13. Creditcoin recognizes that this form of loan is not feasible for most real-world applications, where most companies and individuals already have capital limitations. Why do you think the Creditcoin loan model will be viable? Advantages of this model?

    • Telegram Username: @lestmarisv13
    Reply
  14. At its most basic level, Creditcoin connects investors / lenders and fundraisers / borrowers who register matching loans condition requirements. What are the condition requirements used for lenders and borrowers?

    • Telegram Username: @lestmarisv13
    Reply
  15. I am interested in your credit market. Could you give us a brief explanation about the creation of these markets? What are the special characteristics of this market?

    • Telegram Username: @AgenciaATM
    Reply
  16. You say that Creditcoin is a decentralized credit network without borders. Considering that geography is not a problem for you, which are the countries in which you expect to focus the development of your project? Do you already have a positive experience in any region?

    Thank you!

    • Telegram Username: @shitosan
    Reply
  17. I am struck by these fixed rates that are available on Creditcoin. What are these fixed rates manageable on this platform? Can a user make daily transactions at these rates? I would like to know more about these rates.

    • Telegram Username: @AgenciaATM
    Reply
  18. I am interested in these Bid and Ask offers, which basically allow a fast and less expensive environment. Could you tell us a little bit about them? Are they available frequently or only for specific days or “specials” on this platform?

    • Telegram Username: @AgenciaATM
    Reply
  19. What would be the biggest benefits that Creditcoin would bring to developers and financial technology companies? What competitive advantages would it give to this type of client to work with you?

    Thank you!

    • Telegram Username: @shitosan
    Reply
  20. My attention is drawn to the creation of credit markets in Creditcoin. Can these markets be created by the users themselves for their economic functionality? Are strict requirements needed to have access to them?

    • Telegram Username: @VickyJ09
    Reply
  21. It talks about lenders and landlords not having to worry about variable fees on every transaction they make. What are the fixed rates that Creditcoin provides for these transfers? Are they totally the same on every transaction made on different chains or do they vary in price?

    • Telegram Username: @VickyJ09
    Reply
  22. So many people have not been able to acquire credit or loan approval. Do you guarantee absolute security and confidence to investors to easily apply for and obtain these loans? What are the simple requirements you ask for in order to admit and obtain these loans?

    • Telegram Username: @VickyJ09
    Reply
  23. How would the guarantee for investors regarding the investment they make and how much would be the minimum amount to start in Creditcoin?

    • Telegram Username: @SanoMario
    Reply
  24. In the credits granted, such as the terms or installments to pay said loans, would an interest payment be handled for not paying any installment on the corresponding date?

    • Telegram Username: @SanoMario
    Reply
  25. Global credit markets remain chronically underdeveloped due to poor market information and lack of financial infrastructure. So how does CreditCoin plan or what strategies will CreditCoin use to solve this problem?

    • Telegram Username: @Sharaylug
    Reply
  26. Financing for fintech is on the rise, but regulatory problems abound. How has Creditcoin been able to solve these problems? Is Creditcoin a reliable, secure and stable platform?

    • Telegram Username: @CharlotteD07
    Reply
  27. Loans financed by investors in the Creditcoin network generate interest at what term? How long does Creditcoin give its clients to repay these loans?

    • Telegram Username: @CharlotteD07
    Reply
  28. This platform is financed mainly for anyone who wants to enter in order to grow or develop business? What are the growth opportunities that Creditcoin offers to its users?

    • Telegram Username: @CharlotteD07
    Reply
  29. You talk about building a credit system without borders, decentralized and distributed between borrowers and lenders, could you tell us about the characteristics of your credit system? What kind of benefits will this system bring?

    • Telegram Username: @jirencrypto
    Reply
  30. I understand that the investor will evaluate the risk of the opportunity based on the credit history of the servicer, but you yourselves say that many people lack a credit history because they are not given the opportunity to access a reliable credit system, so can a person ask for a loan if he/she does not have a credit history? Is this a fundamental requirement?

    • Telegram Username: @curiosoAMA
    Reply
  31. You say that “A solid currency should be able to be borrowed”, but could you really explain why? Could it be that all the currencies that are solid and recognized already have this service? also is this beneficial?

    • Telegram Username: @AugusS7
    Reply
  32. I understand that you are looking to create an ecosystem of loans between chains, but will you really seek to offer loans to any user without any type of restriction or guarantee requirements, since it will be completely decentralized?

    • Telegram Username: @AugusS7
    Reply
  33. Could you explain to me why you seek to create an ecosystem of loans between chains? Could it be that there really is not an ecosystem of this type today? or do they have a competitor? If so, what would it be?

    • Telegram Username: @Gutike95
    Reply
  34. Really why have loans between chains? Will there really be any benefit for working between chains, instead of requesting loans in a single network? If so, could you tell us what they would be?

    • Telegram Username: @Gutike95
    Reply
  35. Could you tell us what would be the current characteristics of the credit systems in DeFi? are they really in their initial steps and with Creditcoin could a big step? Or is it just a small step from the great potential of these products?

    • Telegram Username: @KASG95
    Reply
  36. A short video of a person with a small harvest is shown on your website, but could you really explain your relationship with Creditcoin? Will it be that the clients that will most seek to support your loan platform, will it be the ones that have farm objectives?

    • Telegram Username: @KASG95
    Reply
  37. What is really the ultimate goal of Creditcoin? Will it simply establish itself as the largest inter-chain lending ecosystem of all? or do you really have a much bigger goal?

    • Telegram Username: @Manzanog
    Reply
  38. I understand that the loans are completely internalized products of traditional banking, therefore, how will Creditcoin seek to make them migrate to DeFi and be completely safe and reliable, without any possibility of scams and fund withdrawals?

    • Telegram Username: @Manzanog
    Reply
  39. Hello!

    Can you tell us more about Credit coin features? How does it differs from traditional Banking system?

    • Telegram Username: @NAZMP2
    Reply
  40. What are the requirements for a borrower or lenders to get loans in Creditcoin? How much transaction fees will it cost?

    • Telegram Username: @NAZMP2
    Reply
  41. Millions of people around the world cannot get credit or loan approvals from traditional banking systems, so how will Creditcoin allow investors, companies, developers and users of the platform to offer impactful solutions and add value to? people around the world?

    • Telegram Username: @Daryj63
    Reply
  42. Creditcoin connects assets to the blockchain with a simple protocol that creates trust and opportunities in a cross-blockchain loan market? So how is the decentralized credit exchange different from other exchanges like Binance DEX or IDEX? What makes Creditcoin special?

    • Telegram Username: @Daryj63
    Reply
  43. Can you highlight more about the decentralization aspect using your technology at Creditcoin? Also in the future, is it possible to quantify the level of decentralization and economic incentives?

    • Telegram Username: @Daryj63
    Reply
  44. Millions of users worldwide are unable to obtain credit approvals from the traditional banking system. Without access to a reliable credit system, the vicious cycle of poverty in the developing world continues. How does creditcoin plan to solve this problem?

    • Telegram Username: @chinyere2020
    Reply
  45. Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?

    Tg @menimbabam

    • Telegram Username: Menimbabam
    Reply

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