Recap of AMA with Andrey Diyakonov, Choise.com CCO | June 30, 2022

Jul 05, 2022
17:07
2 min de lectura

Equipo de Choise.com

Ask-Me-Anything is a great format to know of the latest news and ask your own questions.

Choise.com AMA sessions are often conducted in our chat.

Join the Choise.com Chat and keep updated!

Speaker: Andrey Diyakonov is a Chief Commercial Officer at Crypterium and Choise.com, also spearheading the Crypterium’s unique B2B program.

A seasoned business development executive with a proven track record in the industry, Andrey is leveraging his experience and a set of soft and hard skills to set up and lead “A-Team players” across multiple businesses. An avid crypto adopter, prior to joining the industry Andrey has ran and staffed political campaigns in the EU, and represented 2 countries in the United Nations program UNAOC.

It truly is amazing, how crypto gathers people from so many different spheres of life and business!

Could you explain in simple words what is Choise.com and Crypterium?

“Sure thing. It’s always good to look back and reflect on what we’ve got thus far – and embark on the journey to the future well-prepared.

So the Crypterium application you all know and love is an all singing all dancing one-stop shop #CeFi solution. Talk about all those services such as crypto cards, bank accs, wallets, deposits, crypto loans, AI price predictions, and so on.

But the world of crypto is so much broader and deeper than that. There’re exciting oppos everywhere, there’re protocols and ways of running them that are novel and inspiring. I am talking about #defi of course.

But it’s darn hard to use #DeFi as it is. Choise.com is our way of delivering what we call a #MetaFi – an easy to use, intuitive, safe, and fun way of getting access to the entirety of the crypto industry.

You can start picking on the practical differences between the 2 by updating – do that if you haven’t done so yet – and logging in our app.”

What happened to the Crypterium app? Are you going to completely change it?

“Even though the brand-name #Crypterium isn’t used for our app anymore the #Crypterium functionality is here to stay. All of your beloved features #CeFi features are here to stay and we’re gonna be improving them.

What I want you to focus on is the opportunities that the rebranding and new product line up enables.

Those opportunities don’t mean that we forget about the good and tested #Crypterium functionality. We are standing on the shoulders of giants, as they say.

But we are standing, ready to make a quality leap forward. Embrace the inspiration of things to explore and market niches to conquer.

I think the best way for you to understand the #MetaFi vision and product line up are fully compatible with and in fact greatly complimentary to our core product, is to sign up for a #beta testing program, using the link below https://choise.com/charism/beta”

Great that you have listed CHO on a few exchanges. Any plans on expanding this list now? To the same as CRPT for example?

“That’s surely one of the most pressing Qs out there.

Let me provide you an insight into how we make decisions regarding tokens and the exchanges.

First and foremost, we wanna focus on long-term advantages for our token performance and for the community.

We want to make sure also that whatever we do, goes along and fulfills our obligations – as per the roadmap and other communication.

Listing on #CEX – es contributed a great to improved token performance, deepening of our liquidity, and the ease with which one can get into #CHO.

And we are proud and excited about it.

We do wanna make sure that further actions – that are being planned and executed right now – will deliver on those commitments.

We don’t want to rush, we don’t want you to get oversaturated with the good news. Market timing goes a long way these days.

So stay tuned for more substantive updates that are geared towards improving #CHO liquidity, strengthening your positions as its holders, and being a boost to us as a company.”

What new products are you releasing on Choise.com?

“We want to make sure that not only our #CHO strategy is apt and built for purpose, same with the product releases.

And our focus right now – in the middle of market developments that aren’t always favorable – is to allow you to #earn and #save on your crypto.

In line with that, our first product being beta-tested by our courageous community testers is #Crypto #PriceInsurance

Price Insurance is a fantastic option to fix a guaranteed minimum buy back price when purchasing #BTC or #ETH.

With Choise.com Price Insurance you’ve got the opportunity to insure the amount of crypto you want to buy for a certain period of time. If the price of a given crypto appears to be less than the insurance price at the expiry date, Choise.com will cover your loss.

Say, you buy 0.1 #BTC at $20,000 per coin and opt into buying an insurance policy with the insurance rate of $18,000 for 30 days. You pay $2000 for 0.1 BTC and $X for insurance (the cost will be calculated in the App) plus fees for the transaction. The exact amount of fees is calculated automatically for each transaction.

If after 30 days the #BTC price is $18,000 or more, the insurance will expire. Congrats! You’re #ATM or #ITM, as they say on the markets. Depending on how high the price of a given asset is, you’re #at-the-money (no loss) or #in-the-money (your win).

If after 30 days the BTC price falls under $18,000, e.g. $17,000, you will receive 0.1 x (18 000 – 17 000) = 100 USDT coverage.

It’s the world’s fist #Crypto at #NoLoss product on the market – your defense against market uncertainties, bear market, and unfavorable circumstances. We’ve got your back.

And here’s a glimpse into how it all works

https://www.youtube.com/watch?v=GU-4y1ZLgiE

Remember I said, we are focused on you being able to #earn and #save ?

This takes care of #save – it’s #earn more time.

We have already deployed it for our #b2b customers and very soon we are making it available to you – our industry’s iron-clad guarantee to generate you 15% return, or APY, on your stablecoins. Principal guaranteed. It’s an in-house developed strategy that doesn’t rely on external yield generators or partners. They have proven to be risky recently.

#15% – how good can it get?

Stay tuned for more news as we release them.”

I heard about your beta test? Could you share more on it and what does it have?

“Yeah, gladly!

Those of you checking our website might’ve noticed that we put up a new link https://choise.com/charism/beta . Those of you that didn’t notice that, better take a good look at it.

What is it all about?

Our long-awaited Charism protocol – our way to make DeFi easy-to-use and profitable for you, is here to be tested and improved.

We are eager for your feedback – and we are ready to reward you for giving it to us.

Give this protocol a good spin, take it here and there, see what’s there and what’s missing — put your thoughts together and send it over to us.

Our most thought-thru and valuable commenters and testers will be rewarded with exclusive NFTs

Make sure you do your own research #DYOR and read our guide first https://choise.com/news/latest/we-are-calling-for-beta-testers-get-ready-for-choise-com-charism-platform”

What are the plans for announcing the ACTUAL benefits for using the Choise app? I.e. detailed deposit rates for specific tokens including benefits and thresholds for holding a certain amount of CRPT and CHO. I believe these sort of announcements should come before their release and be fully incorporated into the marketing efforts before release.

“ First of all, I already spilled beans earlier in the our chat when talking about #earn aspects of our product. You can use this as a guide and the promise.

Secondly, we’ve already approved and unveiled benefits of CHO and CRPT staking for our #b2b customers – and I am delighted to say, quite a few of them are taking advantage of those.

Those will become available for the public with the launch of our new choise.com website pages.

Thirdly, you are absolutely right – all such data will be used and will become a cornerstone of our marketing activities.

But don’t take my word for it, matter of fact, we are a part and privy to one such action right now.”

Why has a new company governing the revised app been incorporated in the Caribbean and not continued under the same company in Estonia? Why was an offshore company used which brings questions nowadays on transparency? Why not use say a UAE or other jurisdiction which has recently implemented regulations on Cryptocurrency?

“Answering the question I want to stress the importance of us as a company being able to innovate. Innovations are needed to deliver a superior experience and top-notch product line-up.

We’ve become a pioneer and innovator company a number of times before – because we didn’t shy away from the challenge to deliver industry’s first type of products. It was this way with our #b2b , #ai price predictions, global crypto cards, and so on.

And it’s paramount that while innovating and delivering we provide an adequate level of customer protection and safety net for everyone involved. You – our customers, and ourselves – the company.

We’ve realized that the best balance between an environment that allows us to deliver those features while ensuring a proper security for our users is via the corporate arrangement that we created.

It allows us to build , guard your interests as a customer, and deliver on a truly global scale. Crypto is about freedom, so we can’t limit ourselves to a mature but limited EU market, we gotta be able to service as many people as possible.

Look at BTC – it doesn’t have a corporate entity. Since our project is born inside of our organization and it contains a whole bunch of know-how, we can’t bypass a legal formation. That’s why we decided for the one that allows us to maintain a balance.”

Do you plan to launch another round of CHO Trading competition on Uniswap and Raydium? Will there be a trading competition for traders on CEXs?

“The short answer to it is, yes.

There will be more incentivization and promo activities – and we won’t rest until we make you trading, obtaining, and earning more with CHO a funner, more joyful experience.”

—

Find out why more than 650 thousand users trust us and use our solutions daily — follow us on social media and join our Telegram Community and Telegram News channels!

Social Media

Twitter — https://twitter.com/ChoiseCom

Discord — https://discord.gg/gkcrQjcEFY

Telegram Community — https://t.me/Choise_com_Chat

Telegram Announcements — https://t.me/choise_com