Recap of Intro with Andrey Diyakonov, Choise.com CCO | August 18, 2022

Aug 19, 2022
15:08
2 min reading

Choise.com team

Speaker: Andrey Diyakonov is a Chief Commercial Officer at Crypterium and Choise.com, also spearheading 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.

What is the idea behind price insurance? What is its purpose?

“As you know, we’re adamant in our commitment to empower you to earn more on your crypto. We’ve redesigned our product set and approach to reflect that commitment.

There’s your yield – that covers your ability to earn more in future.

But what if you don’t want to make any lossed? In other terms, you want a sure shot at the upside.

We’ve got your back – and we’ve devised a product just for that. Price Insurance is an option to fix guaranteed minimum price when buying BTC or ETH.

With Choise.com Price Insurance you’ve got a way to ensure no losses and guarantee yourself an #upside by ensuring 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 expiry, Choise.com will cover the losses.

No losses = you earning_more”

I know the team has been working and has already released several new products, and new ones are on the way. Please, tell us a little more about the achievements of the team.

“First of all let me start by acknowledging that it’s been busy a couple of weeks and we are definitely working on improving the speed of the delivery. Time is of essence and our ability to deliver reliable and fast makes a great deal of difference.

I know that all of you would be excited to see all of our products launch fully and that’s our endgame. And it’s number one priority to get this done. The only thing that possibly impedes the delivery is our desire and effort to make meaningful and reliable technology choices. The kind of choices that would allow you to use our products and be hundred percent sure that they are fully tested, reliable, and vetted.

As you know the company’s priority is all about delivering a superior interest accounts product and that has been our main focus recently.

Our mission as you know is to empower you to earn more on your crypto and in line with the theme we have developed a number of strategies and products based on that strategy. These strategies are allowing us to launch industries best both in terms of yield that you can earn and in terms of assurances that we can provide you.

I’m talking all of course about our 15% APY product for stable coins and fiat. And the one in which you can boost your returns all the way up to 17% with our CHO token yield product.

As you see on the charts, $CHO token’s performance has been a very solid one. We are seeing positive dynamics on the charge both in terms of liquidity, depth of the markets, use cases and the interest of institutional and retail investors alike.

These are all fundamental factors that are positively impacting the price of the token. And in the light of such circumstances it does make a solid economic sense to hold on to your $CHO in the anticipation of future positive price and other dynamics.

It makes even more sense to do that in the environment in which we operate. I know that across the crypto industry the overall trust level to deposit like products or interest accounts is somewhat shaken now. And it’s for a good reason there were a lot of bad practices out there. There were a lot of bad actors out there. What we’ve got in front of us is our solid 4 years old run with such types of the products – and an impeccable track record with no failures to repay or other complications.

Which makes me really proud and hundred percent certain about the future of this product and our ability to deliver.

We have recently launched an early version of our #DeFi interest account product.

And don’t let ‘early’ in my description fool you in any way – this is just to denote that this fully ready and tested product is in its early days. More features and yield opportunities will be added to it. For now, it operates in 3 pools of low, mid, and risky strategies.

Go check out https://choise.com/news/earn/defi-promo-interest-accounts-available for more info.”

Could you tell us more about defi.choise.com and Charism platform?

“Certainly.

For those fresh recruits to our CHOmmunity, let me stress the fact that Charism is our DeFi aggregator layer, built as a part of Choise.com MetaFi universe.

So whenever you encounter DeFi across our sets of products, it’s Charism and the wonderful team of professionals behind it, that are making it possible.

Charism is your most efficient, reliable, and cost-effective way to get access to all the DeFi functionality – yield swaps, cross chain bridges and counting.

We are focusing on delivering DeFi opportunities to you in the most friendly, stress-free, zero hassle way possible – and we get this done thru Charism

The best way to experience it is thru https://defi.choise.com/

Go ahead and check it out.”

What is the team currently working on?

“This is indeed a very pertinent one.

As you know, our priority is to empower you to earn_more_way_more.

We believe that this is best served through enabling you to both earn and save.

In keeping with that, our #1 priority atm is scaling up and rolling out our Price Insurance product.

As you know, it’s been in closed group tests for quite a while – and we are almost done delivering it for all of you.

This will be the best way to insure your purchase against price falls. And of the most affordable ones across the industry.

Our #2 priority is making sure that you as our user get exposure to a wide variety of interest products. We aim to do that with dual_currency interest accounts and nft interest accs.

Needless to say, the overarching theme is blending all of these products in one slick looking, easy-to-use product, available across all the platforms for you to use. This is our MetaFi product vision.”

We have received a lot of questions about the upcoming listing, is there any official information?

“Oh yeah, you guys, there’s a good reason for that interest.

As you’ve all seen on your charts, CHO has been showing wonderful price dynamics following all the recent developments, especially listings.

We have managed to hit a sweet spot with 5x to IDO price with our wonderful CHO – but I am of the firm opinion that there’s a lot more of it where it came from. And that’s in the middle of the overall environment that is not way too friendly to new assets and crypto in general.

And this is where an argument that drives a substantial amount of interest to CHO is derived. One needs inversely correlated assets to have a great diversification/hedging asset.

And needless to say, our thesis is that CHO is showing solid tendencies to be such an asset.

To come back to the topic of listings and its potential to improve CHO dynamics.

The rumors have it right, you guys.

We are getting ready for a terrific listing event – the one, naturally, with a top exchange. We wouldn’t settle for anything less than that for you.

I am not in the position to disclose anything more at this point in time, but rest assured, folks, it’s a trusted partner and a solid market with deep liquidity for our CHO.

It goes without saying that we are preparing a whole bunch of promos and activation events to promote that listing.

And remember: although you don’t know the exact market, you know that CHO is widely available on others, and as records show to us, price is influenced positively by major listing announcements. So DYOR and make sure to make smart well-thought-thru moves there.”

What’s the value in new listing? Will the token price go up?

“First of all there is no definitive answer to what will happen to any asset out there due to whatever sets of reasons. Our best and most reliable assistants here are our own research, data, and risk management.

In any case, you see from the charts and historical data that listing with a deep liquidity platform, when properly managed and comminuted, is in principle a positive development.

It fuels up interest in a token, it allows it to find its way to even more traders, sometimes institutional ones – and that is really important.

And of course, spreading the word aspect is not to be overlooked here. When listing, a project gets to expose itself to a whole new community, and gets to spread the word around the market about its mission and its value.

This allows us to recruit more users, while certainly increasing trading activity.

And that’s exactly what we are aiming for with this listing.”

Are you not afraid of listing now? Maybe it makes sense to wait a more favorable market situation?

“No way.

We aren’t afraid of challenges, we crave it.

As the saying goes, weak men create hard times, hard times create strong men.

We prefer to be (with) the latter.

We are 100%-certain in our product vision and ability to execute, although we are also well-aware and cognizant of the limitation.

CHO – although a young token – has got a lot to show for itself. Overwhelming interest of the institutional investors, trust put in us by our retail and institutional investors, wide range of products where CHO has got its utility.

And concerning the macro environment, I am sure some have heard about the $BTC rainbow chart.

Here it is via: https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/ We are now in Basically a FIRE SALE zone.

It means that we are going through a wonderful buying and holding opportunity – and we all know what follows that one – a crypto boom.

And you know what that means: a rising tide lifts all boats.

Including CHO – we believe.”

What will happen to the other platform token – CRPT?

“I am no fortune teller, and I believe in strong, facts-analysis, so my take on CRPT is that it’s here to stay.

CRPT is still a mothership, listed on #Coinbase and many more top tier exchanges, boasting superior liquidity, and enjoying a great deal of support from the traders community. And moreover, it’s still our main token for our CeFi services.

As our platform and usage grows, so will the use cases for CRPT – and that’s why our commitment to CRPT remain steadfast.

And to account for it, we conduct both airdrop and retrodrop of CHO whereas CRPT is one of the criteria to assess the amount of drop.

And you know the best way to earn more CRPT – transact more in our CeFi services – get yourself a card, buy and earn on your crypto.

Both of these tokens are here to stay – be a part of that great journey.”

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