Bibox star plans to interview with the first project: the first four projects are designed to increase the success rate of users

On April 22nd, at 10am, the Bibox exchange will launch project star, with four projects coming online simultaneously: the force protocol, Ludos, STAKING and x-block.

Blockbeats did an online sharing today with Aries Wang, founder of Bibox, Frank C, founder of the STAKING project, and Vincent D, chief technology officer, to talk with them about the exchange's ideas and the POS consensus mechanism.

Aries means to launch four projects simultaneously on the star project, which is a combination of the strength and traffic of the five parties, and also can increase the success rate of users. Frank said that with the maturity of PoS economy, many new derivatives, tools and products could be designed through PoS mining, and a three-dimensional financial scene centered on PoS would emerge.

Here is the full transcript of the interview.

BiboxIEO, which millions of users have been waiting for, is finally here. What makes it different from other platforms is that star plans to launch four projects at once (" force protocol, Ludos, staking, x-block ").

This round of screening projects mainly focuses on the following aspects: the background of the core team of the project side, the logic and application prospect of the block chain technology, the strength of the investors, and the understanding of the cryptocurrency ecosystem. The technology and application scenarios of the four projects in the first phase are diversified, and the investors are strong, and the projects have strong control over the institutions and logic of the securities and economics, including SKR.

As one of the biggest highlights, who came up with the idea for the simultaneous launch of the star project F4? What are the innovation points and difficulties?

Aries Wang: the star F4 is a solution that we selected from the project library and combined with the performance of our peers in the market. After the announcement of the star project, we received more than 100 applications from around the world, and finally selected the projects that we thought were better in different dimensions and presented to users.

In terms of rule design, we have referred to the experience and practice of the market and combined the needs of users to make some innovations. For example, we have four high-quality projects this time to lower the threshold of users' participation, hoping to enrich users' choices, increase users' choice opportunities, and improve the success rate of users.

The difficulty lies in the fact that four projects are launched in the first phase, which have high technical requirements on us. It is a small challenge, but our technical colleagues have overcome all the difficulties after several days' efforts. At the same time, the differentiation of project background brings users with difficulty in choosing. After all, the overall project is of high quality, which is not easy to judge.

Since there are so many projects, will too many online projects at one time lead to traffic dispersion, affecting the market and investor confidence?

Aries Wang: in my opinion, to launch four projects together is actually a combination of the five parties and the support forces behind the five parties, the strength and flow of the five parties, so that we can gather together into a force. For an unfortunate example, Tmall will not lead to the dispersion of traffic due to the abundance of categories. Our original intention of doing this is to enrich users' choices and put the options in the hands of users. Moreover, the subscription of these four items is not an exclusive relationship, and users can also subscribe for all of them if they are optimistic about them.

How has the community responded to the star project so far, Aries? Have you received feedback from users before?

Aries Wang: there was a lot of feedback. When the announcement came out on the same day, mobile messages almost exploded and users responded very enthusiastically. One of the more feedback from users is that there are actually 4 projects online in the first phase. How should I choose? Therefore, we also prepared a detailed picture of each project for users, so that users can choose their favorite project to subscribe according to their own preferences. Of course, there are a lot of questions, but we will answer most users' doubts after we live.

Of the F4, which project is the Bibox team most optimistic about?

Aries Wang: these four projects were selected from a large number of projects, following the logic we used to choose projects: project technical logic, application floor scenario, core team, management background, community operations, and so on. And we launched four projects, no matter from which dimensions, are in line with our expectations and requirements, participate in live SKR today is in our best pick four selected, their team had been before ali cloud layer core development team, has nearly 10 years of computing framework and the underlying exchange protocol development experience.

Before many platform projects are difficult to grab share, many investors will ask them the probability of winning? Is there a sun wheel?

Aries Wang: that's why we're launching four projects at a time. We want to increase the success rate of our users. Not only that, we also lowered the threshold of user participation in the star project, hoping that more users can participate. However, there is no sun shine wheel, but our Bibox live events often have a sun shine award, users can follow our official announcement at any time.

How does the KYC policy of the Bibox star differ from this type of program on other exchanges?

Aries Wang: our KYC certification requires an ID Card, a passport and a driver's license from some countries. Please refer to KYC rules on the official website for details.

At present, the Staking mode of Pos chain is very popular, and the Staking project just caters to this trend. Did Bibox see this trend in working with Staking? What do you think is the highlight of this project?

Aries Wang: we are really concerned about the future trend and direction of the chain. The highlights of the SKR project compared to its peers are indeed numerous. For example, SKR is supported by the most advanced data operation center in China to ensure stable and reliable operation of nodes and high security. SKR team background is also very suitable for this project, and, through the SKR PoS entrusted service node, investors can get higher yields, according to network status and professional operations team to ensure that node operated by SKR 24 x7 safe and stable operation, etc., these are our screening team communicate with SKR team came to the window.

How did Bibox get in touch with Staking team and enter F4?

Aries Wang: the contact with SKR is the same as with other project parties. The contact is made only after the project materials are submitted on our official website and approved by us. In the process of screening projects, we found that what SKR is doing is very consistent with their team background, and the landing probability is relatively high. So we chose them as one of the first four projects in our star program.

Frank C, founder of the STAKING project, and Vincent D, chief technology officer, also met with Blockbeats to discuss their expectations for the project.

Can you give me a brief introduction about STAKING?

Frank: STAKING is a nodal service platform for pos computing of block chain. Committed to providing users with stable, safe mining commissioned services. STAKING's ecosystem includes PoS rights entrustment, DeFi decentralized finance and asset custody services, etc. STAKING is committed to providing a safe and efficient decentralized platform for digital asset participants.

In the future, we will integrate Staking platform with artificial intelligence and machine learning, and gradually push POS computing to the edge to achieve lower costs and higher benefits. STAKING will develop into a platform for depositing, borrowing and leasing a range of financial contracts.

Some investors understand that Skr is like HPT of fire currency, but Skr covers pos project. How does the project side of Skr view this?

Frank: actually, huocoin-mine is also providing force support for PoS type chain, but we haven't studied much about the ecology of HPT, because we have been focusing on doing our own things. However, I would like to say that SKR not only represents the value of PoS power delegation in STAKING ecology, but also plays a role in the DeFi ecology of STAKING platform.

At the same time, the decentralized governance model of our platform will also give SKR important voting functions and build a diversified token economy ecology. You'll see a lot of applications of SKR in STAKING.

In the white paper, SKR is integrated with DeFi ecology. How is this implemented?

Frank: DeFi is a broad concept. Any model that combines finance with blockchain and smart contracts can be called DeFi.

We believe that Staking will be a new asset management model and a new Banking in the future. When the PoS ecology gradually matures, many new derivatives, tools and products can be designed through PoS mining, and a three-dimensional financial scene centering on PoS will emerge.

To be specific, STAKING will first design a function that can be debenture, giving investors the ability to transfer Stake shares. In short, it can provide liquidity for investors involved in Stake, which happens to be one of the most important attributes of assets. We will continue to make research and innovation in this field to make STAKING platform a richer and more diversified entrance to STAKING economy.

The competition in PoS is still fierce. What are the strengths of Staking's own business in comparison? How to win the market competition?

Frank: let's stick with the team. Our team is from the computing field, with many years of research and development experience, have a deep accumulation of technology. Unlike most Staking projects in the market, the main focus of Staking is to improve its apparent earnings. Our team is more concerned about Staking's future technology development direction and landing areas, the impact of Staking's eco-economy on the entire cryptocurrency market, the combination of artificial intelligence and machine learning technologies, and the integration of Staking's economy, computing and other cutting-edge technology fields.

Therefore, we have already made some predictions and layouts for the future market, and are committed to providing more secure and stable Staking services with technology.

Will Bibox users be offered the mortgage income service of pos chain in the future?

Frank: sure. We hope to cooperate with such a high-quality platform to serve more users with our technology and products. Staking has an Open attitude towards the future. I hope you can communicate with us more and give us your opinions. I also hope to cooperate with more excellent teams and make contributions to the development of Staking's economic ecology.

As you said just now, STAKING's technical background is in the field of computing, and you are also a top student in the department of computer science of tsinghua university. So why do you enter the POS field of block chain?

Frank: that's right. Our team was working on the computing framework and the underlying data exchange protocol at the earliest. We had deep cooperation with the team of aliyun Oceanbase. Dr. Wang jian also has in-depth communication with us. Aliyun emphasizes the multi-machine and one-virtual approach, regarding high concurrency and high TPS as the development direction of computing.

However, our team believes that reliable, stable and adaptive computing is the future. When the Staking model came along, we found that it was able to bring this idea to life, and that's why we got into this business.

Finally, online investors also posed their own questions to the three guests.

Will Bibox have a plan to start the public link like coon?

Aries Wang: we bought dex. top last year and have been working on a long-term study of the positioning of the public link in the Bibox ecosystem. We will announce the appropriate information at the appropriate time.

Is the STAKING team doing makerdao on DeFi?

Frank: we have no plans to launch a stable currency at the moment. Our participation in defi will be simpler and more direct, starting with bond token.

How will Bibox deal with the plugin rush this time? & have spent

Aries Wang: we are trying to prevent this from happening mainly on a technical level and to ensure as much equity as possible. Before we started, we went through repeated tests at the technical level, for which the technicians worked overtime in the office and even slept in the office. We have taken into account all the cheating and plugins, and have carried out a technical check one by one. In case of cheating, we disqualify.

See a lot of off-site transfer quota, but the official refute rumor, may I ask the specific situation is?

Aries Wang: this is a situation that we've had a lot of inquiries from users, and we've noticed it. First of all, I'd like to thank you for your attention to our star plan, but we don't officially release any shares before 22nd. The only purchase channel is to sign on the Bibox website at 10am on 22nd, which is next Monday. & have spent

At the same time, we also communicated with the four project parties for the first time, and they all made an official statement that the quota of this star program will not be released before 22nd. When you know the information about the star plan on the market, please take our official announcement and statement as the standard, treat the uncertain information to check with the official customer service, beware of being cheated.

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