Recap of the SphynxSwap AMA with Blockchain Space

On Friday, October 29th, we had the pleasure to welcome to our Telegram chat:

Lonzo, The CEO of SphynxSwap.

We asked him questions about the development of SphynxSwap.

INTRODUCTION

Q~ Thanks for joining us today. Please start off by introducing yourself to the Blockchain Space community and your role in the team ?

A~ Names lonzo and I am the CEO of SphynxSwap - we launched about 4 weeks ago!

Q~ Explain what SphynxSwap is, how it works, and how will SphynxSwap add real life value to the ecosystem of the blockchain ?

A~ Sphynx is an all in one platform, this includes wallet, charts, swap, staking and farming, NFTS, NFT marketplace, Bridge, launchpad, lottery which are all currently on the BSC and soon on ETH and we will be crossing over to the other chains as we keep growing.

Our mobile application will be coming out to include all these utilities in one single application!

No more having to go to different tabs, we have consolidated everything to make it simple and easy to use, so anyone new or seasoned investors will be able to trade.

Check us out on:

Q~ Can you share with us detailed information on the $SPHYNX tokenomics and it’s usecases ?

A~ We have a basic smart contract with nothing too extraordinary which needs to be used to market our project, our utility is our main product. This has already been audited by certik with a score of 86 as we believe security is highly important in this space. Our tokenomics are 11% tax, 5% development, 5% Marketing and 1% Lottery.

Use case is we are providing a platform to allow people to trade much easier and have a better UX experience from the get go. We improve our platform each and everyday as we listen to the feedback from the community.

We want someone who’s never used crypto to be able to come and use our platform with as little confusion as possible.

This is achieved from the automation we have created as well as features as auto slippage, tracking investors buys and sells on the chart etc.

Q~ What are the recent accomplishments of SphynxSwap project and what are your upcoming plans ?

A~

  • Swap launch
  • NFT line dropped -
  • CMC & CG listing (token)
  • CERTIK audit
  • Applied to get listed as a decentralised exchange on CMC and CG
  • Applied for 3 CEX, with one already confirmed and pending the listing of CMC and CG as a DEX.
  • Our first reward payment will be made this Monday!

QUESTIONS FROM BITCOINTALK

Q~ Sphynx plans to change the narrative of cryptocurrency and give users the best experience, how do you plan to achieve that, in other words what unique tools have you introduced that will make users switch from other platforms to yours?

A~ We have many things to attract new investors as well as new people getting into crypto.

From our automation, autoslippage, portfolio tracker as well as our functionality of going cross chain.

We want users to spend less time figuring things out and spending more time trading.

Things like having to change between different urls or applications to make a trade has all be taken out and made so that they can do everything from one simple and easy to use platform.

Q~ The issue of NFT utility has not been fully resolved In crypto space. How can sphynxswap make nft holders earn passively for having sphynxswap NFT?

A~ Our holders receive a 50% of the ETH bridge fee as well as a 50% of the fees from the secondary marketplace (opensea) on a monthly basis.

QUESTIONS FROM TWITTER

Q~ An interesting feature of Sphynxswap is that they are cross-chain and they will work on different chains like Ethereum. Can you explain why they decided that their first smart chain to work with their bridge was the Ethereum network and not another network like Solana or Cardano?

A~ As these chains are already established, allows us to get more eyes on our project, but also be able to work with whats currently working well in the space. ETH is in line with our NFT line as well as bridge, but crossing different chains is something we will be doing to cover all chains. We plan to go on every chain and give people the same experience across all the chains to make it easier to understand and spend more time making money than mistakes/figuring things out as I mentioned before.

This is just a preview of things to come!

Q~ I attempted to link my wallet to sphynxSwap. There are, however, two tabs: SPHYNX-LP and PVC2. Which tab should I choose?

A~ When buying Sphynx it’s automated to use Sphynx LP.

If you are attempting to purchase anything from the pancake router it’s automated for it to buy from pcv2.

Q~ I notice you’ll be introducing your NFT, so can you show us a sample of your NFTs and explain how you aim to raise their value? Will you also be starting your NFT marketplace?

A~ There’s many advantages to our NFTs and when our bridge is live our holders will get all the benefits and more!

NFT holders will get many advantages including the following:

  • Commercial and Intellectual Property Rights to Art depicting their Sphynx
  • Exclusive Access to the Upcoming Sphynx Comic featuring SSC NFTs
  • All holders will receive physical copies
  • Exclusive Access to the SSC Holders Community
  • Access to Partnerships with other NFT projects
  • Private Chats and AMAs with the Artist and Founders
  • Private Chats and AMAs with experienced Crypto and NFT Investors
  • Exclusive Access to the Upcoming Sphynx game
  • Future SSC NFT Drops
  • SSC Holders will have Free Mint Access (just cover gas)

Xiaolin : How can we get this NFTs, are they available yet ?

Lonzo : Yesss mint away!!

QUESTIONS FROM TELEGRAM

Q~ How & where can users buy your token, Is there any guide/video?

A~ Sphynx can only be purchased using our swap!

Please visit

Q~ Could you give me 2 or 3 key points to convince me and other angel investors to invest in this project for the long-term?

A~ As the BSC space has turned into the Wild Wild West, we want investors to filter out the good projects and allow investors to find them easier. This will be incorporated through our launchpad by our tier ranking system!

Q~ Most investors focus only on the short-term price rather than the real value of the project. Can you tell about the long-term benefits for investors in the project?

A~ As we grow more and more projects will come onto our platform, the more fees the platform makes, the more money our investors make through our reward system.

Fees are generated through all the utilities and we will continuously grow to bring on more utilities to reward our holders.

Q~ Which one of these aspects is important for you?

1.Increasing Token Price & Value

2.Burning

3.Empowering Platform Development

4.Building Community Trust

5.Expanding Partnership Globally

In what order?

A~

4

1

3

5

2

Q~ Where I can get the latest updates or more information about the project?

A~ Sphynxtoken.co is our offical website

We have many reviews on YouTube as well, just search for Sphynx swap and take your pick from various YouTube influencers.

CONCLUSION

It’s been a pleasure!

Just want to emphasize that our token can only be purchased from our dex

As well as being able to trade as if you normally would with other BEP20 tokens on Pancakeswap or Poocoin!

Join our telegram and be part of the competition we have running daily and weekly.

We giving away 8.5 BNB every week to our community through various ways!

Many opportunities to win some free BNB!

We are giving away BNB to random wallets for just holding Sphynx this coming week!

Thank you again!

It’s really nice having the SphynxSwap project in here!!!

You can check out their Website for more details. You can also follow them on Telegram and Twitter to keep up to date with all things relating to SphynxSwap.

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