AMA Recap: Bang Pateng Hosts Guillermo from Metrix Coin
October 31, 2020
We at Metrix Coin would like to thank Bang Pateng and the entire community for hosting Guillermo in this sensational AMA. Guillermo discusses valuable insight that revolves the true nature of Metrix Coin and its blockchain. He shares with the community in many ways holders, consumers and business clientele benefit.
Before we start our first segment kindly introduce yourself to the community?
My name is Guillermo, I have been involved with Metrix Coin since 2018. I have been a charismatic and optimistic member in the community. I eventually was given an opportunity to lead a former ambassador team from different areas of the globe to push our brand awareness into other communities. My commitment did not stop here. I continued to complete other tasks assisting other areas within our project. I am currently the Program Manager spearheading many programs for our Think Tank Thursday, and very glad to be part of the Ambassador Program once again. I also dedicate time in assisting other departments in Business Development with Trent Richards, our CEO, and Public Relations. Everyone at Metrix Coin is doing a fantastic job, working within their means, and pushing our project forward.
Q1. Could you please describe what is Metrix Coin $MRX?
Metrix Coin is a PoS cryptocurrency built on a blockchain that not only offers faster peer-to-peer payments, but extends the flexibility to businesses (anyone really) to build their tokens that may be used for a variety of use-cases. Metrix Coin is more than just another PoS cryptocurrency, we are a community-driven project harnessing the power of governance that is a perfect environment for e-commerce transactions and smart-contract development.
Q2. What are the core features of $MRX? How are you different and unique from all other projects out there?
Metrix Coin products and services are really the core features of Metrix Coin. We aim not only to build a blockchain ecosystem that offers fast transaction speeds and asset tokenization capabilities, but also the products and services that make our project robust compared to others. We pride ourselves by saying “Metrix Coin. For Everyone and For Everything.” And this is the main reason, we look at all aspects of our social and economic developments. We want to provide feasible products and solutions and share it with the world to enhance our daily living. We offer a desktop wallet, Altitude; an online staking wallet 24/7, MyStakingWallet; a stake pool service, MyNodePool; and an excellent support service. We also offer services to business clientele to further enhance their business models, market their brands, and assist consumer retention. I mentioned this earlier, we are a community-driven project that exhibits a decentralized governance protocol (DGP) allowing for blockchain updates and upgrades to be voted. This is a strong feature of our blockchain, scalability. Many other projects have dealt with this challenge, and still continue to do so. The traditional solution has been to implement forkings (softforking or hardforking). Metrix Coin offers scalability solutions doing away with forking all together. If we need to make any blockchain changes we can certainly achieve them with our Governor Nodes through our DGP.
As an early adopter of Metrix Coin, my focus in seeking a strong project was the development team behind the coin. Metrix Coin has an incredible development team. They are constantly pushing developments, even through tough times. They also are the support team offering constant guidance and troubleshooting assistance addressing our supporters concerns. This is what makes our project unique. Now, with Trent Richards and his incredible experience as an entrepreneur. Our project has a clear vision and an excellent team to propel it to success.
Q3. I saw that Metrix Coin has its token named $MRX, can you explain what the token is? What benefits can we get if we hold tokens? And how to buy?
I feel I answered this question in part with the first question. Just to clarify, Metrix Coin is not a token but rather its own unique PoS coin that offers many benefits to consumers and businesses. Anyone holding our asset may receive passive income through stake reward via our deflationary stake model. The current ROI per annum are: 10% for 2 years, 5% for 4 years, 2% for 6 years and 1% until max supply is reached. The deflationary model will further ascertain price value appreciation for the coin. Of course, another important feature on price to consider is demand. We are currently widening our range of use-cases with our partners that will provide utilization of Metrix Coin through their user-bases. Holders also are invited to establish their own governor node if they are interested to bring about project development and blockchain changes. Stakers and Governor Nodes share the same ROI per annum as mentioned previously, the caveat is that as a Governor, you do not need to be on the network online to receive a reward. In addition, as a Governor, rewards are paid out every 48 hours. If you stake, you must be online 24/7 to receive a stake reward.
Businesses may benefit from our marketing and tailored incentive system base models to promote brand awareness and consumer retention. They also will benefit in affordable transaction costs with our P2P payment system. Other benefits include: asset tokenization within our ecosystem, 24-7 blockchain support, and fast transaction speeds and scalability solutions.
Q4. Now a days Farming or Staking is very popular. Do you have any plans of providing Farming or Staking Facility to $MRX Investor?
Metrix Coin is a PoS cryptocurrency that actively offers staking as a feature of the blockchain to holders. We also harbor smart-contract technology which is an excellent environment where DeFi protocols may be created with our blockchain to facilitate yield farming. Certainly scalability will not be an issue to handle such demands that yield farming may bring.
Q5. Could you please explain, what are your upcoming plans in a couple of month/years?
Certainly! We are currently in the process of finalizing a swap to the new chain which will end on December 1st. Current holders of the old chain are encouraged to swap to the new chain before the deadline. We will continue to grow our community and bring more awareness for our project. We have 2 partnerships, and currently in talks with others interested in our solutions. Year 2021 is expected to be a strong year for Metrix Coin. We will continue to bring in more use-cases to render our Metrix Coin as a multipurpose asset within our network, we will cross-promote our brand, products and services throughout the established Metrix Coin Partner Network. We will also continue to work with current exchanges and reach out to other exchanges to increase liquidity. In the coming months, we will push our Think Tank Thursday (TTT) model into the community. TTT is the foundation that will allow the community to drive project planning forward. Currently we are implementing TTT within the team, but just imagining its potential once it reaches our community of supporters incredible to say the least.
We also have another development in the pipeline, Grudge Match Gaming (GMG). GMG is more than just an eSport betting platform where gamers bet other gamers on skill to receive instant payouts, it also acts to track wins vs losses and other important statistics that may appeal to a sponsor looking for an experienced gamer for hire.
It will be exciting to witness our advancements as we move forward.
Questions from Twitter
Q1. Many new projects made a good impression at first but were suddenly abandoned. How will you manage the project and $MRX Coin to gain a place in the market and become a best token in the blockchain world?
Our current community has many long-term supporters since the Lindacoin era. They will attest that even in the face of challenges, Lindacoin held strong and pushed forward against all odds in blockchain development and support. Now as Metrix Coin, we are moving forward to a new chain with all its inherent benefits (faster transaction speeds, scalability, affordable transaction costs, asset tokenization, smart-technology, DeFi capable, and more). We are setting forth models that may permit Metrix Coin value to appreciate, and models that will enhance business practice. Our vision has never been clearer than before. We are taking solid footing in our strategy to make our project well-known.
Q2. Can you list 3-4 deadly features that make METRIX project stand out from its competitors? What competitive advantage does your platform have that make you feel the most confident in yourself?
We have incorporated smart-technology and a decentralized governance protocol that make our environment suitable for asset tokenization and blockchain changes. This feature is unique because scalability concerns will be addressed. If we need to make any blockchain upgrades or updates, we can through Governors via DGP. Yes, even DeFi protocols may be implemented using our blockchain. Another feature(s) is our products (Altitude, MyStakingWallet, and MyNodePool) that facilitate fast transactions speeds of 10,000 per second, with 90 second block times, and stake rewards through our deflationary stake model. Our marketing models and tailored loyalty programs that will promote our business client brands and retain their consumers. We are not just another PoS cryptocurrency but a community-driven project that aims in the betterment of our social and economical relationship through our products and solutions.
Q3. For the crypto world, what is the big aim of this project? And how do the people around it influence it? Can you give me points to persuade me to invest in $MRX in the long term with other investors?
We share our vision, “For Everyone and For Everything”, and aim to provide a blockchain that encompasses the optimal environment to build tokens, implement DeFi protocols, and really exploit the smart-contract technology feature. We also aim to provide business solutions with potential business clients in enhancing their practice, brand awareness and consumer retention. Our supply coin-economics is healthy and we adopted a deflationary model to permit price appreciation. All of these elements together make our project robust.
Q4. From the limited total supply, will there be any token burning in the future to reduce the total supply and automatically increase the $MRX price? Where can we buy and sell $MRX now?
We have had internal talks about coin burns and consider this as an option to promote overall health of Metrix Coin. We will continue to measure this as an option in the future to best fit the needs and demands of the project and its price value growth.
Q5. I want To Ask Security issues are currently a headache for both investors and projects. So how will personal information and investors assets be protected by #MRX? If there is hacked hacker #MRX will handle how?
Yes, security is one of our highest priorities in protecting our holders’ assets. That is one of the items our developers address in every tool. Holders hold their private keys at all times while using our products. MyStakingWallet and MyNodePool have a unique 2FA, an authentication step prior to logging into the tool. We believe that maintaining our efforts completely decentralized will enhance our security features. Moreover with DGP in place, we may immediately provide governance to keep any network attacks from happening or resolving them immediately if they occurred without the need for forking. We are always attentive to matters of security and protecting the assets of our holders.
Question from Free Asking
Q1. Increasing $MRX price, make $MRX Valuable and Building Community Trust. From 3 aspects: 1) Increasing $MRX price, 2) make $MRX valuable, and 3) building community trust. I want to ask, Which one the most important for you? If all above are important for you,. Which one that Will you do first?
Hi Jacky, thank you for this question. We at Metrix hold all these aspect equally as important. Our main pitch is to drive an asset that is multipurpose in that it will be utilized in not just 1 specific use-case but many. And we have partnered with BA Consult with their Cashinow machines in Italy. Consumers at casinos, grocery stores and public transportation facilities may use Metrix Coin as a payment option. In addition, other incentives may be tied in on using Metrix Coin, like discount rewards. For instance, gaining more plays in casinos, or discounted items at a grocery store. Another partnership is with AFRO Foundation and ElyaTel. ElyaTel is a telecommunication services in where Africans top-up or recharge their phones. Everyone uses a phone these days to talk to loved ones and so now they can continue to do so by paying for top-ups or recharges with Metrix Coin. Other partnerships are currently in the talking phase. And we will continue to solidify our approach in pitching Metrix Coin blockchain and solutions to other potential business clientele.
Q2. We are living in the advent of YIELD FARMING and Liqiudity Mining, can you share your personal opinion on Yield Farming and also Briefly explain your Liquidity Mining Program?
Hi Mysa, after a quick glance many questions pertain to DeFi. Yes, it is true that DeFi protocols have reach a sensational amount of attention. I would like to point out that similar to the CryptoKittie sensation (I don’t know if everyone may recall) it really congested the Ethereum network. Gas fees were off the charts. This really burdened the network and unfortunately created many latencies across other token projects that built their asset in ethereum. Our blockchain has the capability of DeFi protocols to be built without congesting the network. It is scalable enough to endure such demand. And just to clarify, our project is a hard fork from Qtum blockchain. We wanted to implement an environment that lined up with our vision of offering not only the blockchain capabilities but also facilitate our products and solutions to holders, consumers and businesses alike. Our blockchain has the best of both worlds, unspent transaction output and Ethereum virtual machine. This is a perfect environment for e-commerce transactions and smart-contract development that will fit anyone’s needs. Our Metrix Coin is a PoS cryptocurrency. Holders may stake for a stake reward and benefit in passive income. We continue to bring in more use-cases to increase demand, and will continue to bring in more exchanges to increase liquidity.
Q3. For a project development first of all main priority is having enough fund. Does your team financially capable to run this project? Do you have enough fund for it’s developement Can you tell us that how your project generate the profit?
Excellent question Winner, I agree that it is important for any project to strategize and appropriate funding for growth. I am currently working alongside our CEO, Trent Richards as well as other members of team to polish a program that will provide for our needs and goals. We have a step-by-step plan that I would love to share with the community, but for the moment I will give that privilege to our CEO. Rest assure, I am confident that with the new budgets coming into light soon, project development will never cease. It never has really. More so now than ever before since we are acquiring more partnerships and more exchanges. We have the vision, the multidisciplinary backgrounds and skillsets to drive this project forward and wider. Increasing demand for the coin and liquidity will further permit funding for more developments. Something that I want to shed light from our developing team, even in the midst of the cryptocurrency winter, Metrix Coin has always pushed developments forward. The community stand together embracing the blockchain. We welcome everyone to join us in our journey.
Q4. You have often highlighted powerful “accelerators” that support you in your Medium posts. So, with the power of these accelerators, are you planning to invest in different startups as Metrix and maybe establish your own Global Security Blockchain Acceleration Program?
Hi Putri, I am glad you bring this question. It was not long ago that I mentioned to Trent my idea of establishing an accelerated program that may assist asset tokenization with our platform. The idea here is that anyone wanting to build using our blockchain may benefit from our community of governors’ contributions to vote a project in, and through the accelerated program offer the assistance to develop their unique tailored. It goes without saying that we also will offer business consult and advise through out dedicated team of business developers. All of these efforts will further bring about fruition with projects that build with Metrix Coin. We want to see them succeed and grow.
Q5. On the Metrix website I couldn’t see the waybill. The roadmap is a very important aspect of any project as it builds confidence in investors and allows them to believe in your project. When will the Metrix roadmap be available?
I couldn’t agree more Dinda! A roadmap is something that we have set forth in stages. We did this to target our phases for growth in these areas: user-base, business clientele, and exchanges. I would like share out dedicated roadmap for the month of October.
We will push a complete roadmap prior to year 2021 that will further reflect our expected advancements in the months to come.