AMA Recap of Crypto Legacy x Zenfuse by Yuriy
The ultimate trading platform with built-in connectivity to major exchanges, next-generation tools, analytics, portfolio management, and news aggregation.
Alfred, [08.06.21 09:04]
@nightcoder are you there?
We welcome all those who join us in this prestigious AMA event with Zenfuse
How are you Yuriy?
How about you, Alfred?
Well, what do you think if we start with the AMA
P1. Can you provide a brief introduction about the Zenfuse team?
I would love to give you some information regarding my history & background. I have been in the Digital Currency space for well over 5 years. Originally as an investor / trader,
I understood the concepts of cryptocurrency quite easily. However, over a period of time, I realized that the amount of effort I put into getting into the informational side of Cryptocurrency, there were a lot of difficulties along the way. I always wished for an easier way to simplify and manage my assets, and holdings.
I searched for a long period of time, and although there were projects that had similar ideas, the vision I had was something different. That’s where Zenfuse came. I visited global conferences multiple times throughout the year, taking notes, built a team of ambitious and creative members, who all at the same time, deep down shared the same ideas and vision as me, if not better.
The process was slow, but it was steadily headed to the direction I felt traders would adapt and find themselves using on a day to day basis.
In 2020, we launched Zenfuse, and built our way to where we are today, and we are in heavy momentum of getting to the top by providing a tool-kit that can simplify millions of traders lives all with the security and safety of one platform.
Our CTO, Alex, has over 18 years of experience working in development and leading technical teams. Aleksandr Peresichan launched several software ventures and also founded technobit.io, a software development agency.
Our CCO, Mikhail is an artist and designer with many years of experience in the financial sector, leading the visual style of companies from scratch. At the moment, his main areas are UX/UI, Motion and Mobile Design.
Dima Litvinchuk — Full-Stack Developer
Dmitrii has been a web developer since 2014. In that year he entered the university with a degree in cryogenic engineering. In the process, he realized that programming took a place in his heart. When Dmitrii has free time, he prefers to spend it in the gym.
Serge Degoev — Full-Stack Developer
Serge loves extreme sports, fast cars and cats. Winner of many hackathons, always learning something new.
Alina Komarevtseva UX/UI
With 5 years of experience in the UX/UI designer industry, Alina has worked for a number of large companies. Now, together with Mikhail, Alina is taking care of all the UI/UX designs for Zenfuse.
Feel free to read this article https://zenfuse.medium.com/meet-the-zenfuse-core-team-5ad1c5d58f7e on Medium to learn more
You can also watch a video about our team
More than 7 people joined us recently, so expect a new video with full team
P2. Where does the name Zenfuse come from and what services does this platform offer?
The first name of a project was Trader0x, but in 2020 I decided to rebrand everything to Zenfuse. I didn’t know what does it mean until I found an article on https://www.urbandictionary.com/define.php?term=zenfuse
zenfuse = make (something) less complex or easy to understand
I think that our name fits us very well, since we’re trying to make crypto trading as simple as possible
excellent, I really like the vision of the name
P3. What is that milestone at Zenfuse that you are most proud to achieve?
Our product is in private beta (DM me if you want to access it), we’re planning to make it accesible to everyone it in July, I will be super proud of our team if we’ll be able to make it in time
Next step will be to add DEX-functionality, such as limit orders, farming, portfolio aggregator etc, then we’ll be adding some kind of trading-related social network for people to be able to communicate with each other. It will be something like crypto-Reddit on steroids
great, then we will wait until July for your new product
P4. What plans does Zenfuse have for this 2021?
I think you already anticipated the answer a bit …. do you have a roadmap to share in the chat?
The plan is to launch the product, start a massive marketing campaign, announce some big partnerships we were cooking, enable ZEFU farming, have listings on a few decent exchanges, then add social functionality to make Zenfuse even more useful.
Our trip to Dubai and Miami brought lots of great influencers that we will use to send ZEFU to the moon
Thank you for your answers Yuriy, we just finished the segment of:
1. launch ZEFU farming with Leon (v1)
2. support it with influencers
3. airdrop our token holders
5. do massive marketing campaign
6. launch Fiji (v2)
7. do massive marketing again
8. launch Albus (v3)
9. do massive marketing again
Zenfuse has an innovative feature of News Monitoring & Analytics which is not offered by any exchange as of now. What kind of process and Machine Learning is used by Zenfuse to track the news, events, GitHub activity, Social Media, Custom alert, etc.?
Zenfuse simplifies trading on exchanges you already registered, it will need API keys to fetch your orders and be able to execute orders via our platform.
Exchanges are quite limited in functionality and Zenfuse is going to extend them
For example, you will be able to liquidate your entire portfolio when needed 100x times faster compared to you doing it manually
Zenfuse currently supports several well-known exchanges. Can the community suggest exchanges to be supported or does that decision only belong to the Zenfuse developers?
Yes, please do
We will eventually add as many exchanges as possible
ZEFU, the native token and exchange unit in the Zenfuse ecosystem, what use cases does it have and what functions does it play within the ecosystem?
Like any cryptocurrency project, Zenfuse has its own token. This is the ZEFU token which plays a central role in the ecosystem. Its main function is to provide access to the platform. Anyone who wants to use the platform will need to purchase and stake a certain amount of ZEFU tokens to gain access. All tokens used will be burned afterwards, creating deflation. Apart from providing access, there are a number of other functionalities;
● Buying items from the Zenfuse App Store (think about the applications offered by third-party vendors)
● Rewarding other users for their contributions (think interesting trades or beautiful content that is shared)
● Access to the secure Gateway API Usage (external developers can achieve more with access to the secure Gateway API, payment for this is made in ZEFU tokens)
You said that Panic Sell Button can save our portfolio, but i don’t understand very well how it works. What is the mechanism of this option? and how fast can be done?
I think that this screenshot is a pretty self-explanatory
ok! last question
As the one platform with everything that an experienced trader would need, which Zenfuse features actually can’t be found on any other trading site? What are your exclusive features, and how is the user’s trading experience improved by that?
I think that the killer-feature is the panic-sell (both on CEX and DEX)
Panic sell is a quite useful feature, will protect you from FUD from Elon Musk for sure
We just finished the segment of:
Now we move on to the segment of:
Yuriy, take the time you want to answer but please answer a minimum of 5 questions
Could you give us news about the current development status of the Zenfuse platform,? can we already use it? I also noticed that you are in your “ Lion “ version, what is this version about, when do you expect to release the next one?
Leon is ~70% finished, it’s currently in a private beta
Please DM me if you want to have an access
Our next build, Fiji is coming at Q4
Raising in this competitive enviroment can be quite difficult, and good allies can for sure make a difference and save some time. Which partnerships are on the roadmap of Zenfuse?
1inch, Chainlink, DexTools, FTX, Binance, Huobi, Matic
Is Zenfuse an easy platform to use? Zenfuse has any tutorial, video, guide or other informative material on how to use its platform?
We don’t have yet, but we’ll have it a bit after the product launch
-Zenfuse is a great project, and I have seen that you have opened a Spanish speaking community on telegram. My question is, do you plan to focus on Latin countries soon? What are your plans to conquer the South American continent? Which countries are your current business targets?
Our plan is to cover all languages possible, making ZEFU #1 trading tool worldwide
Will Zenfuse equipment remain anonymous? On the website you do not provide any information about your team.
Our team is not anon
https://zenfuse.io/about-us (links to each member can be found below)
The only reason we don’t have photos on a website is because we’re too busy with development, can’t even find 1 day for a decent photoshoot
During, the build of your project. Do you take into account any of the community feedbacks or demands to further, expand the new ideas for the project?,”
Of course. We’re building our product for our community at the first place.
Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainet or switch to other blockchains in the future?
Matic and Solana is what we’re looking into right now
Does your project support staking program?if yes. how is your stake system work, what is the requirement for user if they want to stake in your platform?
We now have a 24% APY for hodling ZEFU, all you need to do is to purchase it on Uniswap or PancakeSwap and hodl on your wallet, once the platform is live (July) you will be able to claim your reward
Where can I buy your tokens right now what is your current contract and how can I buy them?Will you have any other DeFI feature like staking, yiekd farm or NFT in the future? Can share a little about your roadmap?
All links can be found here:
Uniswap — 0xb1e9157c2fdcc5a856c8da8b2d89b6c32b3c1229
PancakeSwap — 0x23ec58e45ac5313bcb6681f4f7827b8a8453ac45
Your website says that zenfuse will monitor the latest news and important events, should we enter zenfuse to know about these new events or inform you through a mobile or computer notification?
Push-notifications + Email + Telegram bot
Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?
Yes, we recently had an audit from Certik, 0 bugs were found
-Can you tell us about your plans for long-term?,
-what you are currently working on?’
-And what strategy will be used to expand globally??”
– We’re currently working on our first public release — Leon
It’s 70% done, the launch is expected at July
– We will have ambassadors in each country to help us grow the company worldwide
What are the benefits of holding your token as long term investment? Can you tell us about the motivation and benefits for investors to keep the your token in the long run?
24% APY till the launch and around ~100% once farming is live + unlimited upward growth
Do you have a Token Burning plan to increase Token value and attract Investors to invest?
We’re planning to use some of profits to buy back ZEFU and burn it
It was a pleasure to be invited to Crypto Legacy, but now it’s time for me to go back to work on Zenfuse!
Let’s end our AMA
Further info can be found in our the telegram channel https://t.me/ZenfuseES
Yuriy, thank you very much for sharing your successful project with our community, we will be waiting for the news and milestones of your project!