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LCX Monthly AMA Recap — LCX Telegram Community with Monty, CEO & Founder of LCX.com

Dear LCX community,

On September 10th, 2022, we had the most engaging and supportive AMA in our official Telegram chat, where our CEO, Monty C. M. Metzger (@montymetzger) answered questions from the community on various topics related to the platforms, our objectives, upcoming launches, and more. We really appreciate the warm conversation with the community and would like to share the summary of our live Ask Me Anything (AMA) session, moderated by community moderator “King” & “Alex”.

Community Host

Hello great people and LCX community🎉✋

As we are about to start the AMA program proper, it’s important to pass this piece of information to the community.

During this AMA session, the community would be silenced for an easy flow of communication between the hosts and the CEO.

We seek your indulgence while muting the channel for an easy flow of communication to address your questions and the readability of all. Again, we’re equally going to open the channel after the first session to entertain your interactive questions at the end of the AMA proper👨‍💻

Community Host

Good to welcome you once again to this month’s AMA @montymetzger.

Community Host

The community is saying Hi!

Community Host

The time of the tick tock has ended. The time of the revamp has come 😎.

Community Host

Hi Monty, thanks for taking the time to answer our questions every month!

Community Host

Let’s go, Monty! LCX!!! 🚀🚀🚀

Community Host

Looking at tens of questions submitted, we need to get started on time guys 😇

Monty Metzger, CEO

Community is First!

Community Host

Welcome onboard once again @montymetzger 😇

Monty Metzger, CEO

Hallo, Grüzi and Welcome LCX Community.

Monty Metzger, CEO

Or as we say in Liechtenstein. Hoi.

Community Host

Welcome Monty !!! ✅🔥

Community Host

We have tons of questions submitted and will just go straight to those questions.

Monty Metzger, CEO

Yes, so many questions this time. We’ll try to answer as many as possible

Community Host

There’s been a lot of talks on Sandbox, could you please open the floor with this?

Monty Metzger, CEO

600 Community Members online! Amazing.

Monty Metzger, CEO

Sandbox is a long time partner for us. We have listed $SAND at LCX Exchange and they are pushing LCX at their community as well.

Monty Metzger, CEO

As such we have started another Campaign with Sandbox where you can win big.

Monty Metzger, CEO

Details are here https://www.lcx.com/lcx-x-the-sandbox-5-alpha-passes-season-3-giveaway/

Community Host

Great!

Community Host

Awesome Monty !!!

Community Host

Lets go to the next one

Community Host

Can you tell us something about Tiamonds Campaign, newbies and Influencer ?

Monty Metzger, CEO

Tiamonds is turning the Diamonds industry upside down. We have been contacted by the big jewelry brands and by Diamonds retailers. From Cartier, de Beers to large B2B trading houses.

Community Host

Wow 🤯🤯🤯

Monty Metzger, CEO

As we prepare the next stage of development we also want to give back. And the new sign ups show we are on the right path.

Monty Metzger, CEO

We launched Tiamonds Influencer Campaign where you can win 1 real-world diamond as NFT, 1 Tiamonds NFT, plus 1 Million $TIA token

Monty Metzger, CEO

This is for our current community, and the winner will be the most influential $TIA influencer

Community Host

Awesome! 🌹

Monty Metzger, CEO

But we also have set up a campaign for all new sign ups. It’s so easy. Just sign up and get verified. Then you are in the pool.

Monty Metzger, CEO

One random person will win 1 real-world diamond as NFT, 1 Tiamonds NFT, plus 1 Million $TIA token

Community Host

Interesting 🔥

Monty Metzger, CEO

But we have more prices for many other participants!

Monty Metzger, CEO

Don’t miss this

Community Host

Very nice and good for our growth💎

Community Host

🔥🔥🔥

Monty Metzger, CEO

Details here https://www.lcx.com/tiamonds-newbie-awards-2022/ 

Monty Metzger, CEO

Details here https://www.lcx.com/tiamonds-influencer-awards-2022/ 

Community Host

Very important Infos above ⬆️

Community Host

Thanks for the update:)

Community Host

From Tiamond, let’s move down to Defi Terminal as we have got some of our users asking about the update and latest developments.

Community Host

Could you please give us an update on Defi Terminal @montymetzger?

Monty Metzger, CEO

DeFi Terminal is the preferred DEX aggregator for thousands of users on a daily basis now.

Community Host

Great 💪

Monty Metzger, CEO

In the past weeks DeFi Terminal aka. “Fire Salamander”, the most advanced DeFi platform just got better.

Community Host

Very nice !

Monty Metzger, CEO

We did a big product update and launched the Multi-Wallet integration. Supporting he wallets that are integrated: 

  • Metamask (Standard)
  • Fortmatic 
  • Wallet Connect 
  • Coinbase
  • Portis

Monty Metzger, CEO

Coinbase Wallets seems to be very popular by our users besides Metamask

Monty Metzger, CEO

And for the coming months there is even more planned at DeFi Terminal.

Community Host

😏😏🐅🐅🚀🚀

Monty Metzger, CEO

It’s in stealth mode right now, but it will blow your mind when launched. Big new update coming

Monty Metzger, CEO

for now, I recommend to test the platform and use it … https://defi.LCX.com/dashboard

Community Host

That’s really awesome 👏

Community Host

Thank you Monty !!

Community Host

Lets go to the next question 💪

Community Host

Can you tell us something about the LCX Mobile Updates

Monty Metzger, CEO

We are listening to our community on a daily basis. We are building products that our users love.

Monty Metzger, CEO

LCX Mobile has been updated in the past months several times. We included many functionality updates, improved speed and performance

Monty Metzger, CEO

https://twitter.com/lcx/status/1566841086781394949

LCX mobile tweet

Community Host

Awesome!

Monty Metzger, CEO

iOS but also Android has been updated

Monty Metzger, CEO

https://twitter.com/lcx/status/1558138209493602304 

Monty Metzger, CEO

August was really a blast for LCX – we’ve kept building and building

Monty Metzger, CEO

https://twitter.com/lcx/status/1565006514770874368

LCX monthly update

Community Host

Very nice ! That’s what the Community loves to see 💎🤝

Monty Metzger, CEO

But September 🤩, October, November, December…. OMG. 

There are several big things incoming. Projects we have been working on since months. Which we have teased in January already, but now coming closer and closer.

Community Host

🤯🤯🤯

Community Host

Interesting news to hear 😇

Community Host

Plenty of news in the pipeline 💪🔥

Monty Metzger, CEO

We try to get the balance right between short term successes and wins. But also invest long term in regulatory setup, on-going dialog with banks, NGOs and government bodies on CBDCs or tokenization.

Monty Metzger, CEO

Today we just published some good insights about crypto regulation again https://twitter.com/lcx/status/1568622829192478722 

Community Host

Awesome!

Community Host

We have seen crypto enthusiasts preparing for the next bull market and looking for what tokens to buy ahead of the next bull market. Let’s get to talk about the next token sale. Tangent Token Sale! What makes it unique and why should our community key to it?

Monty Metzger, CEO

LCX has a really unique USP.

Monty Metzger, CEO

If you want to launch and issue a token – the legal way. LCX is the only platform worldwide you can offer a solution from A-Z.

Monty Metzger, CEO

As such we have doubled our business development team, because we are getting so many requests.

Community Host

That’s very awesome for LCX !!!

Monty Metzger, CEO

Remember our campaign at Consensus LCX.com/austin

Community Host

That’s growth for our Project 🚀

Monty Metzger, CEO

This created attention and many blockchain projects are considering launching their token the legal way.

Monty Metzger, CEO

Tangent is one of many many projects to come.

Community Host

Interesting 🔥🔥

Monty Metzger, CEO

“We are delighted to notify you that LCX will manage the $TANG Token Sale through our compliant token sale platform. Tangent has chosen LCX as its exclusive token issuer to execute a compliant initial coin offering of $TANG tokens.”

Monty Metzger, CEO

All details here https://www.lcx.com/tangent-chooses-lcx-for-tang-compliant-token-sale/ 

Community Host

Awesome!

Monty Metzger, CEO

What’s the impact for the LCX and LCX community?

Monty Metzger, CEO

First, new sign ups. Many crypto whales and influencers are registering at LCX and joining these token sales

Monty Metzger, CEO

Second, our utility token $LCX will be used. a 1% fee needs to be paid for all transactions. So if we have 100 Million of token sale volume on our platform, 1 million USD worth of $LCX needs to be paid.

Monty Metzger, CEO

All new investors are exposed to the $LCX token and need to use it.

Community Host

Monty Awesome News and Infos for the LCX Community ! 

Now let’s talk about CV Summit in Zug next week

Monty Metzger, CEO

LCX will be at CV Summit in Zug – in the heart of crypto valley next week.

Monty Metzger, CEO

We are a key partner and sponsor this time. A booth at the main partners area.

Monty Metzger, CEO

Some of our key people will be attending. Some key community members will join. And I will be there as well.

Monty Metzger, CEO

Also I will participate on the main stage right after the opening. Talking about tokenization, LCX platform and Tiamonds

Monty Metzger, CEO

Come and join us next week

Monty Metzger, CEO

https://twitter.com/lcx/status/1568215144295022594 

Community Host

Awesome!

Community Host

Huge 👏

Monty Metzger, CEO

Many great events upcoming and LCX’s ecosystem is growing – spreading the benefits of LCX

Community Host

Awesome! 🤝🔥

Monty Metzger, CEO

The NMKR team will be at the big Cardano Conference – The Cardano Summit 2022. Showcasing $NMKR  which is listed at LCX Exchange and which was issued via our Token Sale Manager

Monty Metzger, CEO

DigiCorp will be at the Blockchain Expo Amsterdam. $DGMV has been issued and sold via LCX’s token sale manager as well. DigiCorp will be showcasing their secret project and making announcements at this large Blockchain event.

Community Host

Awesome!

Monty Metzger, CEO

LCX will be sponsoring and attending the most important Conference in Liechtenstein this year as well. Token Summit 2022, held in October in Vaduz.

Monty Metzger, CEO

https://www.tokensummit.li/ 

Monty Metzger, CEO

And in November we will be at NFT London – organized by the team of NFT. NYC…

Monty Metzger, CEO

https://www.nft.london/ 

Community Host

LCX is everywhere spreading the word !

Monty Metzger, CEO

At NFT London we will be showcasing how LCX will tokenize the world. And we will give insights about Tiamonds – Tokenized Diamonds (real ones) as NFTs.

Monty Metzger, CEO

Growing every day.

Monty Metzger, CEO

It takes years to build an overnight success

Community Host

Thanks for the updates 😇

Community Host

We’ll open the chat and come back to drop the special……..😊

Community Host

When is Qnt Overledger Gateway going live on LCX?

Community Host

Do you still have plans to tokenize real estate? Any update regarding this statement? 

“We may soon come up with an STO offering in the real estate sector”

Community Host

Does your project support staking programs? if yes. How does your stake system work? What is the requirement for users if they want to stake in your platform? What are your marketing strategies to attract investors?

Community Host

According to the Roadmap 2022, Trading Terminal 2.0 (CeFi) is not under R&D products. Is there an update for the CeFi terminal? What about the Smart Brokerage function? 

Last year you have already worked on it🤔

Community Host

Dear Mr. Monty, 

Can LCX become the official cryoto exchange of India? LCX seems well positioned there.

Community

How big is the dev team at the moment?

Community

What is the plan to increase liquidity on the exchange?

Community

When will I see the secret advisor ???

Community Host

Is LCX working with governments to set up CBDC infrastructure?

Community Host

“The token often represents the journey of the company” is something you have said in the past, @montymetzger. What journey does the chart of $LCX represent to you? What story does it tell? (From twitter)

Monty Metzger, CEO

We will be almost 100 full time people at the end of this year. More than 50% are developers. We continue to hire some of the smartest and good looking people. As many companies close down or fire people…. we can cherry big the best.

Community Host

Security is always the most important issue. Day by day, hacks happen with greater frequency and scale. So what is the solution to ensure the safety of users and their assets?

Community

I hold crypto in lcx exchange. Is there a kind of insurance?

Monty Metzger, CEO

We continue the dialog with government representatives, banks and central banks. We share our knowledge and discuss joint pilot projects.

Community Host

Thank you 💪😇

Community Host

Can you tell us more about your future liquidity provider? 😁

Community Host

What happened to the VXV Partnership?

Community Host

Is that question from you?😇

Monty Metzger, CEO

I am a big fan of India and love the country. I also had the honor to attend the india economic summit, discussing blockchain and crypto with government leaders and industry moguls. From Mahindra to PayTM. Many want to drive innovation, but unfortunately the regulatory framework is blocking many efforts currently.

Community

Is it possible to start staking next year?

Community Host

Interesting and glad to get this feedback 🔥🔥

Community

amazing

Community Host

What are #LCX doing to reach more users? Will you collaborate with local crypto communities and crypto experts? And are you going to expand the list of major exchanges?

Community Host

Community is important for the progress of a project. How many users are currently using the LCX platform? And What’s the future plan to increase LCX users?

Community Host

Collaboration and partnerships are one of the cornerstones to making every project more widespread. Can you tell us about #LCX current partners, plans for partnerships?

Community

the most active community💎

Community

$DUSK partnership #tokenization #regulated ?

Monty Metzger, CEO

Our vision is to tokenize the world. 

We started with Diamonds. Next up are tokenized financial products, such as the tokenized bond.

Community

The lcx symbol is an alchemical symbol lol

Monty Metzger, CEO

Alchemist is someone Who Transforms Things for the Better. 

👏

Community

oh yes, every strong company has behind a symbol that represents a meaning (for a few) the symbol lcx what does it represent?

Monty Metzger, CEO

And I am a big believer that real estate tokenization, fractional ownership empowered by the blockchain and real estate usage / rents via utility tokens will be the future. And we are investing in this vision to make it a reality.

Community Host

👏👏👏🤯🤯

Community Host

Marketing is a critical component of every project, since it ensures that everyone is aware of the project’s potential and that the objectives are met. What is your long-term strategy for attracting more users and investors to #LCX?

Monty Metzger, CEO

LCX is much more than LCX.com and our LCX Exchange. By launching new token projects, such as $NMKR, $DGMV, $VIS and now $TANG we tap into large existing communities with millions of new users. This is a big growth factor for us. 

We offer exclusive trading pairs which are growing organically.

Community Host

Gaming is an undiscovered area with great potential in the cryptocurrency field, it is true, the current games presented on the blockchain have just taken their first steps in development with iterative animations & identical gameplay. How did LCX change this appearance?

Monty Metzger, CEO

Build What You Love and Use Everyday.

Community Host

Interesting 🤝

Community Host

What are the benefits of holding LCX NFTs, do they have some incentives or Integrated functions attached to them?

Community Host

Could you please tell us more about your tokenomics? What’s the total supply and What kind of plans do you have regarding LCX unlocks in the future?

Community Host

According to the Roadmap 2022, Trading Terminal 2.0 (CeFi) is not under R&D products. Is there an update for the CeFi terminal? What about the Smart Brokerage function? 

Last year you have already worked on it🤔

Monty Metzger, CEO

LCX is the next generation of crypto exchange. Within the next 10 years the industry will grow beyond 1 billion active users and LCX will be among the key players

Community Host

Could you please share detailed token metrics of $LCX? Is there any requirements to participate in the IDO sale of LCX to contribute over $1M ? What are your next big steps for expansion and product upgrade in the next quarter of 2022?

Community Host

LCX is the Future.

Monty Metzger, CEO

If you hold a Tiamonds NFT you get 1 Million $TIA

Monty Metzger, CEO

https://medium.com/the-capital/tiamonds-nft-holders-are-now-eligible-for-1-million-tia-token-rewards-3535bc37b1f 

Monty Metzger, CEO

All details on our partnership with Quant are public. See https://quant.network/press-releases/quant-partners-with-lcx-to-advance-cbdc-settlement-implementation-2/ 

Monty Metzger, CEO

Btw – after Quant announced the partnership with LCX, their utility token $QNT rallied 200% and joined the top100 on CMC.

Community Host

LCX impact.

Community Host

Monty one last question !!

Monty Metzger, CEO

yes

Community Host

Any update on LCX’s big revamp?

Monty Metzger, CEO

We got so many questions about our LCX platform revamp. This is important for us and a major milestone!

Monty Metzger, CEO

Let me share some special insights with you today.

Community Host

Lets gooooooo!!!

Monty Metzger, CEO

HIGHLIGHTS 

LCX Exchange Revamp

– New UI and UX (far better than current one)

– Improved security of users’ accounts. 

– Improved (and faster) login process with better security

– Scalable trading engine for more users. Ready to onboard millions of new users. 

– Faster and automated withdrawals, without compromising on security

Monty Metzger, CEO

And now the best part….. tick tock

Community Host

Omg 😳

Community Host

We are ready

Community Host

Bring it on💪

Monty Metzger, CEO

We will publish all details next week and make a special announcement. 

Also we will start the official countdown with fixed launch day – early October

Community Host

Yes !!! The day all have been waiting for is coming 😍

Monty Metzger, CEO

From next week on we will share updates almost daily with details about LCX Exchange Revamp

Community Host

Awesome! 🙏

Monty Metzger, CEO

We will do the final infrastructure setup and prepare for the transition.

Community Host

Great!!!

Monty Metzger, CEO

Also we decided to launch LCX Exchange Revamp after the big Ethereum Merge which LCX is actively supporting as well

Community Host

Awesome !!

Community Host

Awesome! 💪

Monty Metzger, CEO

So… less than 4 weeks / 30 days away. Exciting

Community Host

Thank y’all for your support 🤝

Monty Metzger, CEO

Thank you all for joining!

Monty Metzger, CEO

This was exciting. And so important to connect with the LCX community.

Community Host

We have now come to an end. Thank you @montymetzger for the great insights and updates💪

Community Host

🙏🤝

Monty Metzger, CEO

Thanks @king_LCX @Alexi_LCX for hosting this AMA. Well done!

Community Host

Thank you ! Let’s go Monty !! 💎👏

Monty Metzger, CEO

Now back to our LCX lifestyle. 😄

Community

Thank you, this is just what we need! Automated withdrawals, fast login, better performance! LCX will be one on the road to becoming one of the top exchanges with these updates.

Monty Metzger, CEO

Have a good weekend.

Community Host 

The AMA session with Monty has finally come to an end.

We’re thankful for your support and for the amazing response to the AMA session with the CEO. 

Also, we are indeed overwhelmed by all our esteemed community members, for their support and vitality towards the project.

For more information regarding LCX and the latest updates, you may visit LCX Insights 

Thanks to all of you! The $LCX Community is amazing!

Disclaimer: This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions we express in these forward-looking statements and in other public filings and press releases. We may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond our control, including but not limited to the market and economic conditions, changes in laws, rules or regulations and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.

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