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zethyrexchange · 6 years ago

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Zethyr Exchange AMA with Scott, Lead Admin of TRONTOPIA

AMA was with Scott, Lead Admin and Development Coordinator of TRONTOPIA in our Official Telegram Community (https://t.me/ZethyrExchange)

Host: Welcome to our AMA Trontopia Admin.

Q: Can you introduce yourself and TOPIA briefly?

Trontopia Admin — Scott: Sure!

My name is Scott and I am the lead admin and development coordinator for TOPIA.

Topia was formed in January of this year. We are comprised almost entirely of Dapp players and community members. We decided to launch our own dapp due to the lack of transparency and fairness in the space.

We are located all over the world, US, Paris, Japan, Singapore, Greece, Australia, Israel, UK, among others.

Our ultimate goal is to build the fairest, most stable, and most transparent gaming platform on any blockchain.

Host: Cool. Hi Scott! Ok let’s start with a simple question first.

Q: What are the key selling points of TOPIA compared to other casinos around the blockchains?

Trontopia Admin — Scott: Everything is open source. We verify our contracts so the plain-English code is visible and verifiable by the public.

With that, we are able to prove that our randomness is just that… Random.

We believe in the power of the blockchain and the ability of the current and future blockhashes provide for random number generation, and do not utilize any Oracle (on Tron, currently IOST operates with an Oracle, but this will be changing very soon).

On top of that, we have one of the most warm communities, and a very active staff that is capable of helping and answering any questions. Most dapps do not provide this level of support.

Host: Wow I have just learnt that you guys do not use Oracle

Q: So everything is on-chain?

Trontopia Admin — Scott: 100%, We use a commit and reveal approach

Host: Amazing 100% blockchain with that comes to our next question which most casinos are concerned

Q: How secured is TOPIA for users?

Trontopia Admin — Scott: We are extremely secure, but we did not get here without first hitting our speed bumps.

We have a phrase we say around TOPIA, and that is that we have hit every branch on the way down the tree so to speak, but because of this, it has given us immense knowledge and insight into possible attack vectors, and has allowed us to become one of (if not the most?) secure dapp in the space currently.

Due to us having these issues, we now not only take extreme care, but have advanced knowledge on the subject and I am confident that our security will always be some of if not the best utilized.

Host: I’m glad to hear that

Q: Could you share more details about what security features you have in place?

Trontopia Admin — Scott: Yes,

Every parameter is controlled and governed by our smart contracts… What does this mean? Things like maximum win allowed, maximum bet, what range you can roll on… These are not controlled by our front end website, they are controlled by the contract itself, and a lot of dapps do not operate this way, which is a huge mistake.

We utilize a commit and reveal system that makes it impossible to predict or exploit our random number generation, this is what allows us to have a fully on-chain rolling experience while remaining secure. Current blockhash as the main source of entropy for the random number generator is widely known to be truly unpredictable.

We have a few other security features as well… Functions in our contracts that keep the vast majority of the balances away from public facing functions

Host: Yes I have to say that randomization is one of the trickiest part in running a fully on-chain casino. I believe that the track record of TOPIA has shown that the platform is secured. So let’s jump to a question from the audience

Trontopia Admin — Scott: Thank you for the nice words Vinod

Priorities for user acquisition first start with building our platforms so when marketing pushes happen they have a higher retention level, and overall are more successful.

With that, our plan is to focus heavily on development for the remainder of 2019 and the early part of 2020. With that there will be some marketing taking place, but the big marketing push will be saved for when we feel it will have the most positive impact, which is when we have more of the platform up and operating.

We are getting extremely close with Blitz, I know a lot of people have been very excited about that.

Vault is a mini-game that has been mostly ready for a while now, but it has been held back due to the upcoming change to Mining with the implementation of Seasonal Mining. Vault will come into play with the Seasonal Mining update.

We have recently launched our sportsbook on TRON, and we have many upgrades and improvements coming to it as well.

We need to align our platforms so they have the same offerings, as well as get these upcoming games released, along with a couple of surprises coming very soon actually that are not on our roadmap. Once these are complete, we will have many games across multiple chains and we will begin a very strong marketing push to bring fresh and new players to the dapp space.

Host: Wow. Development first I see

Trontopia Admin — Scott: Doesn’t mean we aren’t marketing. Lol, but we have an actual marketing plan we want to execute that we are holding back until some of these soon to launch games and features are released.

Host: That’s an amazing approach given that most dapps are mostly hit and run. OK since we touched briefly on iOST Topia

Q: Why did TOPIA acquire iOST Play?

Trontopia Admin — Scott: Many reasons, I actually recently answered this question for another interview so pardon if it seems like the same answer again

1. IOST is one of the fastest blockchains currently. Our games rely heavily on speed and low/efficient gas costs. IOST is great in this area.

2. The IOST market is young, and untapped. We feel the dapp usage on IOST is going to rise significantly in 2020, and it is important we are at the front of that surge, as our vision relies heavily on crosschain platforms.

3. The foundation support on IOST is incredible. It is the only complaint I have with TRON is the Foundation seems to have a bit of favoritism going on, which I have yet to experience with the IOST foundation.

4. The community is amazing, and growing. It is very much like how Tron’s was this time last year.

It just made sense that it is the next step for TOPIA and IOST be the first chain we branched out to.

Host: Yes I read that interview, but I believe that it will benefit everyone here so no harm repeating. Now talking about iOST Topia

Q: If any differences do/will iOST Topia have compared to TRON Topia?

Trontopia Admin — Scott: Ideally, we want the platforms to mirror each other regardless of which chain. The main differences you will see are slight variations in Tokenomics.

For example, I don’t see there being an ISHARE (like TSHARE), as there aren’t many IRC10/20 tokens yet.

But from a content perspective, we want them to be near mirror images of each other, and over the coming months we will work towards that.

We want it to be as easy as switching which currency you are playing with.

Host: I believe that will minimize confusion. Before coming to the next question, I want to disclose that I’m holding TOPIA tokens as well

Q: How does iOST Topia affect current TOPIA token holders? How about current iOST Play token holders?

Trontopia Admin — Scott: Currently, there is no effect. Both platforms will operate entirely separately for the time being.

Now, in the future, but this is a ways down the road, we are implementing an Umbrella rewards system, and all Topia holders (whether Tron topia, IOST topia, or whichever TOPIA), will receive these Umbrella tokens, the Umbrella tokens will receive dividends from all of the platforms.

This is pretty far off for now though.

Host:

Q: So these umbrella tokens will displace the current tokens? Without getting too technical, if I buy your umbrella tokens on TRON, how do I receive dividend from iOST?

Trontopia Admin — Scott: Well… I can’t really go into too much detail without revealing some plans we don’t want to be too public yet because it’s a very exciting…

But I can say basically yes, eventually TOPIA holders will merge into one… under a new Token or Chain.

But, again, this is Q4 2020 type of stuff.

Host: OK if you can’t reveal for now, it is okay. So next is a question from the audience

Trontopia Admin — Scott: Thanks for the question kpop

I reached out to David a couple of months back. I saw an opportunity and presented it to him. At first he respectfully declined, but we kept in contact and on friendly terms… and over time I believe he started to see the value in what we were offering, and they accepted.

Events:

- Mining reset

- Seasonal Mining

- iDiamonds swap for iPlay holders

Once we have these implemented, we will definitely launch the mining reset with a large event and marketing push to let everyone know mining has restarted

Host: Clean and clear. Another question from your fan

Trontopia Admin — Scott: We actually are doing more here than people in the space currently see and realize.

We have been working with @MidEarthCrypto who has been traveling around the country going to universities and speaking about TRON and DAPPS. Part of his presentation is about TOPIA. He was hired by TRON and sponsored by us to travel and spread the word to communities and schools who express interest in blockchain.

We also are working with several non-blockchain, but gaming and gambling related online influencers who are ready and willing to promote and market TOPIA to their respective audiences once we give them the green light.

Alongside the usual marketing tactics:

- Ads, banners

- Twitter/social media marketing

- Articles (cointelegraph, iost-watch, etc)

Host: I see, I believe that given your priority for development at the moment. OK last question, also from our audience

Trontopia Admin — Scott: We do plan to expand to other blockchains besides just TRON and IOST. We ideally want to be on at least 4 different chains before we implement the Umbrella system, so we got more to go for sure.

And yes, we want it to eventually be seamless to the point where you are going to TopiaNetwork.com (yes, I own the domain, dont go try to steal it), you pick which currency you want to play with, and you play.

Host:

Q: including fiats?

Trontopia Admin — Scott: Unlikely, Maybe USDT

IOST was the one that was going to be probably the most difficult transition though, as it’s contracts are not written in Solidity, so it’s not a direct conversion process… So we are happy to get this one out first

Host:

Q: So I guess the next 2 chains will use the variances of solidity?

Trontopia Admin — Scott: What we are looking at right now, they use Solidity, yes

Host: Wow, that’s a big hint.

Q: Anything else you would like your TOPIA fans to know?

Trontopia Admin — Scott: Firstly, we love you guys.

Second, we are working our butts off to get all of this stuff rolled out

Host: Yes please work hard. Thank you Scott and have a good weekend

Trontopia Admin — Scott: No problem, thank you for having me for this very nice AMA

Audience: TRONTOPIA Is going to buyback and burn Topia’s in november

Q: How many are they planning to buyback and burn?

And What is your team size, how many people?

Trontopia Admin — Scott: Yes, we are starting the buyback program this month, those details will come.

10 Moderators, 9 Developers, my self and a few other owners.

Telegram: https://t.me/ZethyrExchange

Twitter: https://twitter.com/ZethyrExchange

YouTube: https://www.youtube.com/channel/UCxyXOGCPxG8D06opjTSjW8g

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zethyrexchange · 6 years ago

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Zethyr Exchange AMA with Ruslan, CEO of 888TRON

AMA was with Ruslan, CEO of 888TRON in our Official Telegram Community (https://t.me/ZethyrExchange)

Host: So let’s start with a simple question.

Can you introduce a little bit about 888TRON and yourself?

Ruslan: My name is Ruslan and I am the CEO of 888tron.com.

888tron.com is a TRX blockchain based decentralized gaming platform with one 888token economy business model that provides players with passive life time income in TRX.

Our platform has paid out over 434 million TRX in dividends this year. Our team has won the Tron accelerator contest earlier this year. Tron blockchain provides fast, secure and cheap transactions. Blockchain gives players instant winning payouts, fairness, transparency and anonymous game play. New 888 logo stands for a one token economy — no mutual tokens and pyramids for investors.

Host: Great.

Q1: Casino and gaming platforms are all over the blockchain. How are you different?

Ruslan: We are a social gaming platform where all players automatically become share holders of a gaming platform by owning a token. 888 platform has one token economy. Token holders receive 65% of platform’s revenue in TRX every 48 hours. Tokens can be used to play games as well.

Plus our token can be used to purchase goods on decentralized market place DSmarket. We have the the best game providers from gaming industry and a great game assortment that’s expanding rapidly. We pay out winnings instantly and directly to the players wallets. And we do not require KYC, AML and etc.

Host: Yeah I can see there are lots of games available on 888TRON. A lot of members here are die-hard fans of 888TRON as well.

Q2: What’s your favorite game?

Ruslan: Dice 3D…It’s a unique & simple game with a great pay out ratio and a realistic feeling of an actual dice throw.

Right now we are working on the sports book form 1xbet

1xbet is the world’s biggest sports betting company. To avoid any losses we are working on a New Risk management system that will allow us to make payouts instantly. 888 is the only platform that is partnering with 1xbet. They never give their sports book out to third parties.”

Host: Yeah everyone loves instant payouts. One of our member Krypto Chica has this very interesting question for you

Q3:

Ruslan: As I said previously we don’t collect personal data and all players (token holders) are anonymous. Teams share is 30% from all dividends pay outs. All this money are spend on development and marketing.

Host: Ok since 888TRON has focused much saying it is a single token economy another member asks this as well

Q4:

Ruslan: We don’t plan to introduce another tokens. We consider it unfair…printing new tokens leads to devaluation of previous tokens. And that’s an obvious sign of a Ponzi scheme. Our team will only start making profit when all the tokens are mined.

Host: good news for all the 888 token holders right now. Ok next question

Q5: In light of the recent hack, what has 888TRON done to improve its security?

Ruslan: First of all it’s important to mention that players funds are completely safe and not even a one TRX was lost. 888 represents a new approach to a gambling business model. People bet using real money. No play money…Winnings are paid out instantly and directly to the player’s crypto wallets. Players love it…But it has serious risks for the platform. We can’t return funds in case of an unfair gaming from the player’s side. Thus the risk management has to be done before the payout. Not all game providers we are using took this risks seriously and we had few loses. We are great full for this paid lesson. All necessary measures were taken. That’s why sports book is still under development even though it was integrated a month ago. We are constantly working on 888 Security with our game providers.We don’t risk players money. All losses are taken on behalf of 888 Team

Host: This is a huge security assurance to all 888 players and holders. I think gambling involves real money. So it is very crucial that the team behind the platform must take security as its top priority!

I see your 2019–2020. Awesome plan.

Q6: Can you highlight the best 3 for our audience here?

Ruslan:

1. To Increase the variety of games on the platform to over 2000+ games.

2. Implement multi blockchain so players can experience direct btc, eth, eos, gram gaming.

3. Have 888token trading pairs with btc and other major crypto currencies.

And run interesting competitions and events with prize funds over 100 million TRX and up in the coming year on regular basis.

Host: a lot of 888 players will be very pumped to know this news

Q7: Can you share some sneak peeks about your 50M TRX Grand Event?

Ruslan: It’s going to be a very interesting fair, transparent event. Any participant will have a chance to become a winner. There will be over 400 prizes waiting for its winners. The event will happen at the beginning of November. The model of the event was developed to make it interesting for all players not just whales.

Host: wow 400 prizes. Ok tough question from a member, but very interesting

Q8:

Ruslan: That’s our main goal. I’ve read that by 2025 70% of people from all over the world will use crypto. Like it happened with bank cards. So we just need to be prepared for that and deliver the best product to our users.

Host: I see

Q9: is 888TRON doing anything to accept players with FIAT only but no crypto?

Ruslan: I think everyone here already knows that Samsung became partners with Tron. And how many people have Samsung mobile phones?

FIAT is strictly regulated. We don’t deal with it directly. But we have an easy and convenient service on our web site that allows people to buy crypto with few clicks using visa, MasterCard

Host: Yes makes a lot of sense, hopefully with SAMSUNG venturing into crypto

Q10: Any plan to burn 888 tokens?

Ruslan: 888token supply is very small. It’s only 100 millions. So far only 23% is mined. We experience a lack of liquidity on exchanges that leads to a token price growth. Players hold 888 token for passive income and there are not many tokens on the Market. Less than 0.5% from all tokens mined or available on the market. Token burning doesn’t look like a logical business decision in this situation.

Host: Ok just one last question from the audience

Q11:

Ruslan: Hackers from all over the world attack 888 every day. And only 2 attacks leaded to TRX loss. I suppose it’s good statistics.

Thank you Zethyr for this AMA and your community for participation and interesting questions. Have a great weekend!

Host: Yes, have a great weekend! Thank you and see you Ruslan!

Telegram: https://t.me/ZethyrExchange

Twitter: https://twitter.com/ZethyrExchange

YouTube: https://www.youtube.com/channel/UCxyXOGCPxG8D06opjTSjW8g

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zethyrexchange · 6 years ago

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Dear #Zethyrians,

On September 18, 2019, Eastern time. Zethyr Exchange officially launched on TRON mainnet with 3 trading pairs supported in phase 1: $BTT / $TRX, $WIN / $TRX, $USDT/ $TRX.

Just 9 days later, the daily volume on Zethyr Exchange had increased to 56,238,458 TRX with 6,070 transactions, marking an all-time-high; Zethyr reached as high as 2nd place on the TRON and 9th place on all dapps according to 24-hour volume. Core Data Total volume: 90,168,629.57 TRXTotal dividend: 177,293.06 TRX Total users: 562 users Total trading volume WIN/TRX: 61,747,547.53 TRX Total trading volume BTT/TRX: 27,701,237.15 TRX Total trading volume USDT/TRX: 719,844.89 TRX Big thanks to all #Zethyrians for having participated in the event! Trade on!

#Tron (TRX)#dex #ZTR #zethyrexchange

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zethyrexchange · 6 years ago

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Zethyr Exchange TRONTOPIA Trading Competition (18 October — 31 October 2019)

Zethyr TRONTOPIA Trading Competition will reward top 50 traders in TOPIA/TRX, TSHARE/TRX and DVS/TRX pairs from 18 October — 31 October 2019, Eastern time.

Main Event Distribution Total Rewards: 50,000 TRX

Top 1 Trader: 6600 TRX

Top 2 Trader: 3500 TRX

Top 3 Trader: 2200 TRX

Top 4–10 Trader: 1600 TRX

Top 11–20 Trader: 1200 TRX

Top 21–30 Trader: 700 TRX

Top 31–40 Trader: 450 TRX

Top 41–50 Trader: 300 TRX

Terms and conditions:

To prevent scammers, we will only transfer the prizes to the winning TRX addresses.

Winners must follow our Zethyr Twitter and join our Zethyr Telegram.

Zethyr Exchange holds the discretion to disqualify any address that displays cheating or dishonest behaviours.

TRADE ON!

#Tron (TRX)#dex #ZTR #zethyrexchange

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zethyrexchange · 6 years ago

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Zethyr Exchange 888 Trading Competition (4 October — 17 October 2019)

Zethyr 888 Trading Competition will reward top 50 traders in 888/TRX pair from 4 October — 17 October 2019, Eastern time.

Main Event Distribution Total Rewards: 50,000 TRX

Top 1 Trader: 6600 TRX

Top 2 Trader: 3500 TRX

Top 3 Trader: 2200 TRX

Top 4–10 Trader: 1600 TRX

Top 11–20 Trader: 1200 TRX

Top 21–30 Trader: 700 TRX

Top 31–40 Trader: 450 TRX

Top 41–50 Trader: 300 TRX

Terms and conditions:

To prevent scammers, we will only transfer the prizes to the winning TRX addresses.

Winners must follow our Zethyr Twitter and join our Zethyr Telegram.

Zethyr Exchange holds the discretion to disqualify any address that displays cheating or dishonest behaviours.

TRADE ON!

#Tron (TRX)#dex #ZTR #zethyrexchange

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zethyrexchange · 6 years ago

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Main Event Distribution Total Rewards: 50,000 TRX

Top 1 Trader: 6600 TRX

Top 2 Trader: 3500 TRX

Top 3 Trader: 2200 TRX

Top 4–10 Trader: 1600 TRX

Top 11–20 Trader: 1200 TRX

Top 21–30 Trader: 700 TRX

Top 31–40 Trader: 450 TRX

Top 41–50 Trader: 300 TRX

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zethyrexchange · 6 years ago

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#Zethyrians,

Thank you for the BIG SUCCESS in the last 5 days. Here is a recap of last week.

Total volume: 17.9M TRX

Total dividend: 35,124 TRX

Total users: 134 users

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zethyrexchange · 6 years ago

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Zethyr official launch & Mainnet trading competition

Finanlly, after months of preparation, Zethyr Exchange is officially launching on TRON mainnet at 0000, 18 September 2019, Eastern time.

In phase 1, we will support 3 trading pairs: $BTT/$TRX, $WIN/$TRX & $USDT/$TRX. More trading pairs will be available soon.

Zethyr Mainnet Trading Competition will reward top 50 traders in the period from 18 September — 1 October 2019, Eastern time.

Main Event Distribution Total Rewards: 50,000 TRX

Top 1 Trader: 6600 TRX

Top 2 Trader: 3500 TRX

Top 3 Trader: 2200 TRX

Top 4–10 Trader: 1600 TRX

Top 11–20 Trader: 1200 TRX

Top 21–30 Trader: 700 TRX

Top 31–40 Trader: 450 TRX

Top 41–50 Trader: 300 TRX

Terms and conditions:

To prevent scammers, we will only transfer the prizes to the winning TRX addresses.

Winners must follow our Zethyr Twitter and join our Zethyr Telegram.

Zethyr Exchange holds the discretion to disqualify any address that displays cheating or dishonest behaviours.

TRADE ON!

#tron (trx)#dex #zytherexchange #ztr

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zethyrexchange · 6 years ago

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Zethyr Exchange Introduction

Zethyr Exchange is a TRON decentralised exchange that distributes 100% revenue to the community.

In this article, we will introduce the main features of Zethyr exchange:

ZTR token and its use cases

Asset security

Support and media channels

ZTR Token and Its Use Cases

ZTR is the native token of Zethyr exchange and can only be mined with trades; there is no private of public sales of ZTR. Therefore, the number of circulating ZTR reflects the true trading activities of the exchange and the intrinsic value of ZTR will increase over time.

The mathematical model behind ZTR generation can be viewed on our Zethyr Exchange website.

You can stake ZTR tokens to receive either EcoPower, TradingPower or VotingPower.

EcoPower

EcoPower is for token holders who would like to passively enjoy the economic benefits from the exchange. ZTR holders can convert their ZTR to EcoPower at the rate of 1 to 1.

The first use case of EcoPower is to give holders weekly dividends. The amount of dividend received by each holder will be proportional to his EcoPower and calculated at the end of every day, Eastern time. The daily dividend is accumulated and claimable by the end of every Sunday, Eastern time. 100 percent of the exchange transaction fee is distributed via dividends. Users can retrieve the original number of ZTR immediately by unstaking their EcoPower which takes 24 hours to complete. While EcoPower is unstaking, holders will not enjoy any dividend. The amount of dividend is only calculated at the end of every day; therefore, if users unstake their EcoPower before the end of the day, they will not receive any dividends for the day.

The second use case of EcoPower is to increase referral fee. Without EcoPower, users receive 20% of their referrals’ trading fee in real time. If users hold 500 EcoPower, they will enjoy 40% of their referrals’ trading fee instead.

More use cases for EcoPower will be added in the future.

TradingPower

TradingPower is for token holders who would like to enjoy maximum trading benefits from the platform. ZTR holders can convert their ZTR to TradingPower at the rate of 1 to 1.

Normally, the trading fee is 0.1%. However, if users convert their ZTR to TradingPower, they can enjoy daily quota of free trading. At any given time, the entire exchange handles a fixed quota of free trading, which is determined by VotingPower holders. The ratio of free trading quota of an account to that of an entire exchange is equal to the ratio of the account’s TradingPower to the total TradingPower across the exchange at that time.

Therefore, the free trading quota of a given amount of TradingPower may change over time.

VotingPower

VotingPower mostly concerns the governance of the exchange. Zethyr holders can convert their Zethyr to VotingPower at the rate of 1 to 1. With VotingPower, one can vote for the next pair to be listed on the exchange, the fixed quota of free trading, the next technical improvement of the platform, etc.

Asset Security

Managed by TRON smart contract, Zethyr Trust cannot be stolen by anyone including Zethyr developers. Each transaction with Zethyr Trust is recorded on the TRON blockchain, providing absolute transparency to everyone and signed with a unique private key, unbeknownst to everyone, including Zethyr developers. The combination of transparency and unique private key provides every transaction utmost security, safety and transparency.

Furthermore, each user account is handled by a separate smart contract to prevent a single point of failure and maximise user protection.

Support and Media Channels

Please follow our official to get the latest news and support:

Telegram: https://t.me/ZethyrExchange

Twitter: https://twitter.com/ZethyrExchange

Medium: https://medium.com/@ZethyrExchange

#tron (trx)#ztr #dex #zethyrexchange

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