On 25st of August Autonio Foundation conducted an AMA in Cryptowid Community. Our guest was Mr. Ali Raheman ( Founder ) and Ms. Adlin Ho (Marketing Lead). I had a really good and friendly conversation with him about Crypto in general and TimeMiner. Interest from Community also was incredible. Let’s take a look at most interesting points from our conversation with Guest star.
INTRODUCTION AND TWITTER QUESTIONS
Host : Before we start the first session of this AMA, @Autonio_Foundation , could you please tell us a little about your experience in the blockchain industry? and how you can play an important role in this Autonio Foundation ?
Mr. Ali Raheman : I inherited a passion for science, medicine, invention and acquired a taste for entrepreneurship and product designing.
I began working on my craft at 15 years of age exploring different vocations and skills like content writing, designing, video editing, 3D modeling & animation, android app development. Every summer since then was spent working on a project tackling a problem that mattered most at the time. This lead to, the creation of a dozen projects which enriched me with priceless experience of success, failure and management skills.
Having bootstrapped my businesses, I worked in practically every role and department within an organization gaining invaluable experience and understanding. I discovered my strengths in product designing, backend/front end development, management, R&D & sales.
Ms. Adlin Ho : I’m a young scholar motivated by excelling in everything I’m involved with. My passion and hard-work through out the years has resulted in an impeccable academic and professional record. With keen interest in blockchain I joined as a project manager in various blockchain based projects, I participated in various talk shows to promote blockchain’s utility in real world apart from trading and cryptocurrency. When I heard about Autonio, I was more than willing to join in. I’m one of the oldest team members of this project.
My management and communication skills have contributed significantly in the growth of all my ventures. Apart from growing success and fame, I also won the most prestigious award considered as a national title “Outstanding International Student and Achiever of The Year-2019”.Having a proven track record from an early age along with an undying passion for excellence, I am still on my way to achieve my sky.
Feel free to ask me questions and know autonio better.
FIRST SEASON INTRODUCTION PROJECT
Q.1. Please tell the community what is Autonio Foundation in detail ?
Ms. Adlin Ho : We’re a decentralized autonomous organization built around developing
easy to use, affordable trading tools and services for the DeFi ecosystem.
Autonio Foundation aims to democratize access to automated trading tools
and infrastructure. Which means that our goal is to make algorithmic
trading as accesible as possible and to build a prosperous community around it.
To achieve all this we are presenting the NIOX Suite.
Q.2. What is the background behind Autonio Foundation project creation and why does Autonio Foundation choose DeFi system as the foundation of the project?
Mr. Ali Raheman : Having been a long time trader, I made decent returns day trading, but just as I profited I lost a lot of funds taking emotional decisions while trading. The most effective way to solve a rather universal problem is to automate your trading with trading algorithms. That’s how Autonio was founded.
I’m proud to say that over the years we’ve been able to form a strong team and build a loyal community and userbase. We believe that professional quality financial tools should be democratized and not concentrated in the hands of banks or professional trading agencies. One of the most important attributes of cryptocurrency is its ability to give people the control over their own assets and finances. We’ve also had the pleasure of partnering with some big names in the space and are excited about the next phase in our journey!
Q3. As we know, every serious project always have their own roadmap. Could you please explain Autonio Foundation roadmap and also what phase is currently ongoing?
Ms. Adlin Ho : “The NIOX Suite is already accessible and this year we will make further updates to our toolset.
NIOX Maker, NIOX Exchange will be significantly improved and NIOX AI introduced.
We’re working with some DeFi and other top projects to bring our toolset to a wider audience.
This is just the beginning of our journey. And our products and protocol will have the
NIOX token as its lifeblood.
Here are more details on our roadmap and timeline: https://medium.com/@autoniofoundation/project-activity-roadmap-update-2f37e7299a5
Q4. We are so curious about NIOX, Could you please tell us about NIOX its total supply, its features, and where we can buy it ?
Mr. Ali Raheman : Our native governance token is NIOX. The total supply of NIOX is 300.000.000 tokens with over 105.000.000 NIOX currently locked in staking contract.
The current circulating supply is around 27.000.000 NIOX. Our token economics document outlines complete distribution and allocation of NIOX token
and can be found on our website autonio.foundation in the “documents” section.
Trading Symbol: NIOX
Token Type: Staking/Utility/Governance
Total Supply: 300.000.000
Circulating Supply: 27.005.750
Stacked/Locked Supply: 105.753.750
- 1inch.exchange ETH/NIOX
- 1inch.exchange USDT/NIOX
- Digifinex NIOX/ETH
- Digifinex NIOX/BTC
Q5. What are the strategies and plans of Autonio Foundation to move forward?
Mr. Ali Raheman : We’re hard at work preparing the roll out of our trading tools and partnerships. We have a number of marketing campaings we are about to launch including an Ambassador and Influencer program with major incentives for members to discuss share and bring on more people to the project.
SECOND SEASON QUESTION FROM TWITTER
Q.1 From @Siwek31033720
What mechanisms / strategies will you use to keep your users motivated and present on your platform ?
Mr. Ali Raheman : Since it’s our goal to create a prosperous community around algorithmic trading, we want to closely look into the suggestions and feedback from all of our users and add their suggested features in the future updates of our products.
As Ali mentioned earlier, we have a number of campaings planned out. And all these campaigns are structured around our community, empowering them to help the project and fuel collective growth.
Q.2 From @Akash5446
Can you tell us what are the main advantages of the Autonio foundation For Investment purposes, Why should we invest in Autonio foundation & What Benefits does Autonio foundation provide to the Holders?
Mr. Ali Raheman : With NIOX being a staking token, it allows it’s holders to earn decreasing inflationary staking rewards.
Users with 300,000 NIOX can become stakers and join the NIOX DAO. All NIOX Stakers will have a VIP status and will enjoy 0 fees trading + market making rebates on our Smartdex.
Apart from strong fundamentals behind the token, we have a close knit community, a passionate team and key partnerships.
Q.3 from @mohit_10_
Decentralized Finance has become a hot topic in the industry. What would you say is the most promising DeFi application for Autonio Foundation at the moment?
Ms. Adlin Ho : While Automated Market Makers (AMMs) like Uniswap are all the rage right now, we’re looking to service the legacy layer 2 exchange protocols like Loopring. In the past Autonio has done successful integrations with one of the first true DEXs – BitShares and in the same spirit we’re looking to service layer 2 protocols and exchanges to undertake automated trading like market making.
NIOX Maker is the need of the hour for decentralized exchanges! That’s the problem we’re solving!
Q.4 From @rohitk2k18
Sharding, layered, and cross-chain are the three future solutions for high-performance blockchains. NIOX is currently at which direction? And what are the main reasons for taking this direction?
Mr. Ali Raheman : We have on-going negotiations with some of the better projects in blockchain space that will enable us to use a better blockchain platform with significantly less fees and high throughput. I’m pleased to inform you that NIOX will be a multi-chain token in the near future as part of our partnership with an exciting public blockchain.
Q.5 from @Caldhhob
There are many DeFi projects available in the market that even function very similarly to Autonio Foundation. So can you say what are the main competitive advantages of Autonio Foundation? What outstanding benefits & extras do Autonio Foundation?
Mr. Ali Raheman : Our approach and goal with the project is unique.
We’re developing tools and infrastructure to enable developers to build and users to exploit powerful auto trading tools, copy other traders, participate in trading competitions and generate passive returns.
We’re introducing cross-chain decentralized market making which hasn’t been done before,
the implications of which are significant for the entire DeFi ecosystem.
We’re teaming up with some of the big names to bring to you the best of the best tools and services. That’s all I can say at the moment, stick around for more. Join our telegram group for more fun and excitement.
LAST SEASON TELEGRAM QUESTIONS
what make your NioXdex diffrent with other? what will be NioX make? i mean you believe your NioxDex is new feuture right. so what a result from it
Mr. Ali Raheman : There are a number of features that set us apart from other exchanges. Our smartdex is one of the first to have integrated market making bots directly in the interface. Furthermore, the way NIOX token integrates with the exchange offers VIP members (stakers) the ability to trade with 0 fee and recieve higher market making rebates and rewards.
With our goal to enable cross-chain market making, the idea that an exchange could tap into liquidity on other chains, is honestly quite exciting.
do we have to provide liquidity with consideration 27 Aug – 3 Sep in order to qualify for the prize? I am asking because I am thinking of using my eth tomorrow
Mr. Ali Raheman : Yes, our liquidity mining campaign is still on going and there are enough liquidity mining rewards to cover many providers.
We’re taking snapshots every day to track the top liquidity providers. Top 20 providers will recieve rewards so join now!
How did manage to survive as many projects disappeared in hard market conditions? What is your survival strategy?
Ms. Adlin Ho : We’ve been able to sustain the project for over 3 years thanks to the relentless support of our community. We made it through the crypto winter also with the help of some private investors and the passion we all have for the project. Our team has access to development resources and we decided to dedicate our funds to sustain and grow the project.
Can you tell us what’s the main Targeted userbase of Autonio Foundation ?
Mr. Ali Raheman : In general everyone that wants to get involved, we are approaching an audience as wide as possible.
Our short term focus however is to find synergy with other businesses like centralized decentralized exchanges, other projects and tokens that sponsor trading events.
A B2B approach allows us to tap into the existing user base of other projects and fuel steady and consistent growth.
As a community based project, how can I donate my quota for your success? Do you have a Global Ambassador Program or a Referral Rewards System? Will I benefit from holding the #NIOX token in the long term?
Ms. Adlin Ho : You can join our DAO by stacking 300k NIOX tokens. We are also going to introduce an Ambassador program among other campaigns to incentivize holders to participate and grow along with our project and community.
Join our channels for more updates 😀
For more information and future AMAs, join our Social Media channels:
Telegram group: https://t.me/cryptowid
Telegram group: Autonio Foundation
Twitter: Autonio Foundation