Crypto Lab X Xchange Monster

Crypto Lab
5 min readJun 5, 2022

šŸ“†ā© 2nd June, 12pm UTC
Venue ā© Crypto Lab Telegram Community

Host:Good day everyone, we are happy to have Xchange Monster Team Again in our Text AMA
session today. We have @itara_a with us to talk more about their platform.

Please welcome our todays guest @itara_a from the team of Xchange Monster..

Guest:Hello community! Itā€™s a pleasure to e-meet all of you šŸ˜„šŸš€
Host:Here iā€™m Starting Segment IĀ ,i.e Introductory Segment

Here is First Question from this SegmentĀ ,,,
NoteĀ :- Always Type Done After completing your AnswerĀ .

Guest:Sure, Iā€™m ready! šŸ˜„

Host:Q.No1:Whatā€™s the story behind Xchange Monster? Please share what inspired your team to use this name..?

Guest:Good question, thanks Mubeen!

Xchange Monster has been around for some time, 4 years to be exact. Initially Xchange Monster was not started with the intent to be trendy or to ride a wave (like the gold rush)!

The focus was to develop a payments-centric approach in the gaming industry since many people are using virtual currencies. ā€˜Xchangeā€™ in our name speaks for itself, at a first glance we wanted to be known as a crypto exchange, however above and beyond that, the vision is to become a monster player within the blockchain and gaming space and what better way to showcase this through our logo, Monstee (The Monster). Monstee gives us the visual creative freedom to attract a like minded community who wants to be part of a gaming and crypto revolution.

Done šŸ™Œ

Host:Q.No.2:-What feature do you like most about Xchange Monster?

Guest:OUR NATIVE TOKEN $MXCH! And this is not a biased answer at all, I promise!šŸš€ We have some exciting utilities mapped out for $MXCH, Iā€™m most keen for the P2E aspect of our project. Imagine playing a game and earning real rewards? Or earning $MXCH in this case! Sounds good, right?

Host:Q.No.3:-What is the next Xchange Monster development plan and layout?

Guest:Up next on our roadmap is to develop an NFT marketplace and Monster card, check it out on our whitepaper listed on our website: www.xchangemonster.com

Host:Q.No.4:-Marketing is a central element for every project, to keep everyone informed around the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and investors to your project and keep them long term?

Guest:Creating an omni-channel experience is critical for us and our users, an attractive USP about this strategy is giving our users the ability to exchange, access or interact with our platform via web, mobile or on community/social channels - trade anytime, anywhere. This is our motto!

Forging mutually beneficial partnerships is at the forefront of our strategy too. Weā€™ve been on a launch tour for the past 3 weeks attending events in Switzerland like WEF 22ā€™, cryptovalley conference and our CEO will be hosting a keynote speaker event at CV labs in Zurich on the 8th of June, which we anticipate many high authority crypto and gaming business owners will attend. Our CEO, Felix Honigwachs has been documenting his attendance to all of these events , check it out: https://www.instagram.com/p/CdyIU6gKb5aoIHPEm_lbLRYPSwA-gy5JZE2byE0/

Aside from introducing Xchange Monster to Switzerland this year, weā€™re developing some exciting partnerships with gaming developers in the background and will disclose more about this in the next month or two!

Host:Q.No.5:- Xchange Monster has a native token, $MXCH. How will the demand for the token $MXCH coin increase in the future?

Guest:Iā€™ll some this up in 7 words: Play and earn real rewards in cryptocurrency! šŸš€šŸš€šŸš€

The demand will increase as more partnerships are forged with gaming developers and integrating the P2E mechanism into their business model using either $MXCH or their own white labeled token. Either way, the vision is to give gaming users the ability to play and earn in cryptocurrency while having the ability to exchange between currencies or fiat like USD.šŸ™Œ

Now Its Time For Live Segment

Q:What do you have?
1ļøāƒ£- Telegram Group
2ļøāƒ£- YouTube Channel
3ļøāƒ£- Medium
4ļøāƒ£- Discord
5ļøāƒ£- Twitter
6ļøāƒ£- Website

FOR THIS PROJECT, where can I get the latest information and what is the latest plan for your project?

Guest:Telegram https://t.me/xchangemonsterofficial | Medium: https://medium.com/@marketing_52713 | Twitter: https://twitter.com/Xchange_Monster | Website: www.xchangemonster.com

Q:According to the roadmap, what is your most important next priority?

Guest:Weā€™ve completed our seeding rounds, launched our crypto exchange and wallet while kicking off our Global PR campaign, which is still in progress. Upcoming priorities includes developing our NFT marketplace and Monster card, the real challenge here is ensuring we go live to market within a reasonable timeframe. Nothing is ever a smooth sale when meeting deadlines, we know this and hope to quickly counteract all the blockers that come away to ensure we deliver to market at a good time.

Q:Where can I buy your tokens right now what is your current contract and how can I buy them??

Guest:To buy $MXCH at $0.67 USD head over to: https://gamingtoken.xchangemonster.com/

Host:We have Completed Segment II.
Now its time for Segment IIIĀ , Twitter SegmentĀ ....

Host:Q.1.My Question is about Xchange Monster Exchange, Is this accessible from all over the world or is it specified or limited to some regions of the worldĀ ..??

Guest:You will be able to access our exchange from anywhere at any time using our mobile app, available on android and IOS!

Host:Q.2:-Security is a Main issue for crypto communityĀ , a lot of scams are there in the Market.How can you Assure the Security for $MXCH Token and also about the Assets of Investors on Xchange Monster Exchange..?

Guest:First and foremost, we are not a scam. Our exchange is regulated, it took us 2 years to achieve this. Xchange Monster is now an accredited SRO member of VQF recognised by FINMA in Switzerland, search it for yourself: https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/sro-member-search/

Secondly the security of the token is assured by Xchange Monsterā€™s ecosystem which is powered by two types of standard tokens. The first is BEP20 while the other is MATIC.

Host:Q.3:-Please Describe us the killer features of Xchange Monster Mobile App, how it facilitates the community..??

Guest:The Monster Wallet app was developed for users to keep their in-game assets, like cryptocurrencies, safe and secure. Such assets can also be exchanged in-game, while payments can be received in cash instantly. In the future, Xchange Monster plans to expand the Monster Wallet app to include NFT storage as well. Another advantage to using the Monster Wallet app is its cost-effectiveness, with transaction fees falling below the industry average.

Host:These days the investors are mainly focused on short term and immediate profitsĀ .How can you convince the investors that holding $MXCH for long time is more profitable..??

Guest:As mentioned before, remember the concept of ā€˜play to earn real rewardsā€™. Holding $MXCH will essentially give you the ability to use it for in-game purchases and rewards. This use case attaches real value to $MXCH.

Host:This is All from Our Todays AMA SessionĀ ,,,,,
Guest:ThankYou for Such a brief description of Xchange MonsterĀ ,,
ThankYou for joing Us TodayĀ ..šŸ˜

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