MAY 2023 BLOG AMA Summary: Insights into IX Swap's Progress and Future Plans
IXS Launchpad Updates and Regulatory Compliance:
The team actively evaluates 25 to 30 projects for the IXS launchpad, indicating strong interest. Notably, some projects won't require accreditation, emphasizing inclusivity. Basic KYC and AML checks will be required to maintain awareness of token ownership.
Startup Selection and Tokenization of Real-World Assets:
Exploring startups in AI/health, Web3, and IP-related sectors. The Register for Interest page allows community input in project selection. A bullish outlook on tokenizing real-world assets and building essential infrastructure.
Shift Towards Community Ownership and VC Involvement:
Emphasis on community ownership by offering tokens and equity through security tokens. Aiming for stronger, decentralized communities. Acknowledgment of VC participation, with a focus on ensuring fair deals and equitable tokenomics.
Influence on Tokenomics and Expanding Beyond Web3:
Working on tokenomics to establish a strong foundation for security token investments. Open to collaboration with various groups, including real estate and private equity. Exciting opportunities to leverage blockchain technology.
Positive Aspects of ICOs and NFTs and Creating a Vibrant Community:
Aim to bring positive aspects like strong communities and excitement to security token investments. Avoiding negative aspects like rug pulls and drama. Goal to build excitement around startup investments, fostering a vibrant community and a marketplace for security tokens.
Upcoming Offerings and White Label Solutions:
Although exact dates are challenging, the team is working diligently and expects to launch offerings soon. Integration with security token brokers and custodians worldwide involves customization for each platform. Obtaining their own licenses enables scalability.
Integration of Existing Assets and Gradual Integration:
Goal to integrate as many legitimate assets as possible, both new and existing, following the same protocols. Integrating with different platforms will happen gradually, addressing each platform's uniqueness.
Addressing Liquidity Challenges and Liquidity Pool Solution:
IX Swap aims to address liquidity challenges faced by STO issuance platforms, making them more attractive for security token launches. Integration with IX Swap enables STO issuance platforms to provide liquidity and attract more businesses, addressing liquidity challenges.
ST Tag on KuCoin and Funding:
Acknowledging the issue with the "ST" tag on KuCoin and actively working to resolve it. Currently, the team has sufficient funding, and an article detailing the acquisition of IXS by IXP is forthcoming.
Future Plans and Appreciation for the Community:
Commitment to continue building and expanding the platform. Engaging with partners, including banks and institutions, to grow the ecosystem. Encouraging community support in bringing capital and projects to the platform. Expressing gratitude for the community's support and excitement for the project's future developments. Get the full update on our May AMA below:
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