Recap of the AMA- Hidden Gems with Chainport

Bintang | Hidden Gems Capital
📌 AMA Hidden Gems with Chainport Don’t forget join Community: @Chainport
🗣 Venue : @Hidden_Gemss

Let’s Join with Us

Bintang | Hidden Gems Capital
[Respondiendo a Bintang | Hidden Gems Capital]
Hello Mr. @mstochykduarte Welcome to the Hidden Gems Capital, It’s an honor to invite you to our community

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Hey! Thanks for having me today!

Maximiliano | ChainPort.io
Yes, ready, let’s start!

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
Please type DONE, when you’re done with your answer. So I won’t interrupt your answer.

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Got it 🙂

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
First question, Can you introduce Chainport to our community?

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Yes!

ChainPort is a next-gen hard-security blockchain bridge that lets you hop across chains at a click.
It delivers today the promise of full interoperability between blockchains and does it in a simple secure interface.

Maximiliano | ChainPort.io
ChainPort is the only custodian bridge in the space.

We secure all the assets with a multi-layer technology that combines the latest breakthroughs in MPC cryptography and hardware isolation.

We use 2 custodian techs: Gnosis-safe and Fireblocks MPC

Maximiliano | ChainPort.io
We secure customer and investors funds from cyber attacks, internal collusion, and human error with a multi-layer technology and full funds segregation.

ChainPort brings a unique security architecture, funds segregation being the main one, only up to ~5% of the assets will be in the hot bridge contract with the remaining 95% + being on a rebalancing and treasury vaults.

Fund segregation

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
A unique new breakthrough that project chainport

Bintang | Hidden Gems Capital
Continue to the next question

Bintang | Hidden Gems Capital
I saw that Chainport Token has its token named $PORTX , can you explain what the token is $PORTX ? What benefits can we get if we hold tokens $PORTX ?

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Yes, ChainPort token is PORTX, we didn’t launch it yet but we are preparing for TGE

Let me share more details on how it works:

PORTX is the main utility token for ChainPort

- PORTX will give users 33% discount on the bridge usage (0.2% vs 0.3%)
- It will be used for staking and earning APY when pre-depositing the tokens for those fees
- and it will be used for incentive to grow the inventory for stables once we support them!

We have few more utilities under development atm 😎

Maximiliano | ChainPort.io
Let me share some visuals…

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
A unique new breakthrough that project chainport

Bintang | Hidden Gems Capital
Continue to the next question

Bintang | Hidden Gems Capital
I saw that Chainport Token has its token named $PORTX , can you explain what the token is $PORTX ? What benefits can we get if we hold tokens $PORTX ?

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Yes, ChainPort token is PORTX, we didn’t launch it yet but we are preparing for TGE

Let me share more details on how it works:

PORTX is the main utility token for ChainPort

- PORTX will give users 33% discount on the bridge usage (0.2% vs 0.3%)
- It will be used for staking and earning APY when pre-depositing the tokens for those fees
- and it will be used for incentive to grow the inventory for stables once we support them!

We have few more utilities under development atm 😎

Maximiliano | ChainPort.io
Let me share some visuals…

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
Very clearly Visualization the use of PORTX itself, continue next question

Bintang | Hidden Gems Capital
Nowadays Farming or staking is very popular. Have you provided your Farming or Staking Facility to $PORTX Investors? if you have, can you explain how to staking and farming $PORTX ?

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Yes, we have a product called TokensFarm.com where we build farms for clients, ChainPort will enjoy staking and LP from day one as users will need to stake their PORTX to be able to pay for fees and get rewarded by the bridge fees.

Maximiliano | ChainPort.io
Also part of the fees of the bridge will go to PORTX stakers as you can see in the image I sent above

Maximiliano | ChainPort.io
Done

Bintang | Hidden Gems Capital]
[Respondiendo a Maximiliano | ChainPort.io]
This is very profitable to investor for staking, Continue to the next question

Bintang | Hidden Gems Capital
This will be the last question in this session before move on to twitter question

Bintang | Hidden Gems Capital
Could you please explain, what are your upcoming plans in a couple of month/years?

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Yes, we have big plans for the coming months

• PORTX TGE
  - ChainPort Private Custodian
  - Cardano full integration as part of our Non-EVM blockchains integration (we have our first integration with Cornucopias and they have a Cardano version via ChainPort already)
  - More EVM chains like Aurora and many more
  - Stablecoins support (big one!)
  - More utilities for PORTX as more features are launched for ChainPort

Bintang | Hidden Gems Capital
Well for the first session is over, it looks very clear an overview of the chainport project and also some big plans will come

Bintang | Hidden Gems Capital
Session is over Let’s move to the other session

In this session, we will activate the chat feature again for 60 seconds, the participants are allowed to give direct questions.

Attention ‼️

📍Each participant may only send two questions and be formatted in one message, otherwise you will be DISQUALIFIED

📍Do not copy other people’s questions, otherwise you will be DISQUALIFIED

Basil Langston
Can you tell me more details on the IDO? The schedule and contribution for each?

Maximiliano | ChainPort.io
[Respondiendo a Basil Langston]
Our IDO/presale has finished already with huge success being oversubscribed from day one!

The main difference is that we had a product with proven utility before raising money.

We had rounds on DAO Maker, VENT, Poolz, FantomMaker just to name some of them

BTC Dukes
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?

Maximiliano | ChainPort.io
[Respondiendo a BTC Dukes]
Our case is different, we had a working product with volume and dozens of tokens before even having the idea to monetize it. This is how all projects should do it 🙂

HansaMideya98
Can you list 1–3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Maximiliano | ChainPort.io
[Respondiendo a HansaMideya98]
- Security: Only fully-custodian bridge with fund segregation
- Speed: 2–3 minutes to port, only need a wallet
- Ease-of-use: Connect wallet, choose token, amount, port out, done!

Afton Valles
Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project?

Maximiliano | ChainPort.io
[Respondiendo a Afton Valles]
ChainPort is a project by Dcentralab we have 50 members with two offices one in Tel-Aviv and the other in Belgrade, Serbia. We’ve been building blockchain products for years.

a𝚕𝚒𝚌𝚎 ✏️
Hello @mstochykduarte What is the revenue model? How it can be beneficial for both investors and for project itself?

Maximiliano | ChainPort.io
[Respondiendo a a𝚕𝚒𝚌𝚎 ✏️]

Bintang | Hidden Gems Capital
[Respondiendo a Maximiliano | ChainPort.io]
Thank you for answering all of our questions, and thank you for taking your time to AMA in our community

Bintang | Hidden Gems Capital
Well… We declare AMA’s Series Hidden Gems with Chainport is Done.

thank you to the participants who have attended this event to the end. the winners will be announced soon

Project Details:
Website | Telegram Group | Telegram Channel | Twitter

Maximiliano | ChainPort.io
[Respondiendo a Bintang | Hidden Gems Capital]
Thank you, it’s been a pleasure! Join our community to learn more about ChainPort

Bintang | Hidden Gems Capital
The event has ended, we would like to thank @mstochykduarte for taking the time. Our event is closed

Bintang | Hidden Gems Capital
We open chat guys, say thanks to @mstochykduarte