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Space Summary
The Alpha Group-focused space delved into Diamond Swap's imminent alpha launch, highlighted by a strong network of KOLs and partnerships with projects like Banter and Beam. The Diamond Points reward program is set to kick off with the alpha release, promising users rewards for platform usage. The discussions also touched upon recent co-hosting activities and the introduction of the diamondswap.com domain. Overall, the space exuded optimism and anticipation for Diamond Swap's offerings and future developments.
Questions
Q: What is the current status of Diamond Swap's alpha release?
A: Diamond Swap's alpha release is upcoming.
Q: How many KOLs are part of Diamond Swap's network?
A: Diamond Swap has a network of around 100 KOLs with more expected to join.
Q: Which partnerships does Diamond Swap have?
A: Diamond Swap has partnerships with projects like Banter and Beam.
Q: What reward program is starting with the alpha release?
A: The Diamond Points reward program is commencing with the alpha release.
Q: Where were the Diamond Swap co-hosts recently?
A: Diamond Swap co-hosted at the Token 2049 side event.
Q: What domain did Diamond Swap acquire besides diamondswap.org?
A: Diamond Swap acquired the domain diamondswap.com.
Q: How was diamondswap.com acquired?
A: diamondswap.com was privately purchased.
Q: What is the outlook for Diamond Swap?
A: There is a positive outlook for Diamond Swap.
Q: What are users looking forward to trying out?
A: Users are excited about trying out the platform.
Q: What domain did Diamond Swap recently purchase?
A: Diamond Swap recently purchased the domain diamondswap.com.
Highlights
Time: 00:03:31
Platform Rewrite Impact, Discussion on the significance of the platform rewrite and new infrastructure.
Time: 00:05:14
DEX Aggregator Infrastructure, Insights into the new infrastructure supporting six networks.
Time: 00:06:34
Outperforming Uniswap, Highlighting Diamond Swap's performance compared to Uniswap.
Time: 00:07:57
Diamond Points Campaign Launch, Introduction of the Diamond Points reward program.
Time: 00:10:17
Challenges of Product Launch, Discussion on the challenges of launching the product and securing exchanges.
Time: 00:11:08
Marketing Agency Onboarding, Announcement of new marketing support.
Time: 00:14:39
Community Updates Channels, Information on how the community can stay updated.
Time: 00:16:16
Token Launch Timeline, Exciting news about the token launch timeline.
Time: 00:17:41
ConsenSys Scale Program Partnership, Announcement of the partnership with ConsenSys.
Key Takeaways
- Diamond Swap to launch alpha soon.
- Network of around 100 KOLs with more to join.
- Various partnerships including Banter and Beam.
- Diamond Points reward program starting with alpha release.
- Co-hosts at the Token 2049 side event.
- Introducing diamondswap.com domain.
- Private purchase of diamondswap.com.
- Positive outlook for Diamond Swap.
- Excitement for trying out the platform.
- Acquisition of diamondswap.com domain.
Behind the Mic
Hey guys. Hey Patrick, how's it going? Good, thanking yourself? I'm doing all good. So today is the day, right? Yeah, today is the day finally after beating our heads against the walls. Yeah, thanks so much for joining today and also thanks so much for pushing through and organizing all these spaces for us. For sure. Yeah, thanks for having me on. Yeah, it was a bit of a mission but in it, to win it, we finally got there. So, I'm glad we got this organized finally. Great. As usual, these are super casual conversations so definitely make yourself comfortable and just ask questions as you bear in mind. Absolutely. So, let's kick off with a quick introduction. My name is Patrick. I'm a cofounder and CEO of DexGames and one of the three coinstallers of this project. I'm alongside Alex and Tom. Alex and Tom are from a technical roadmaps project and I'm from compensation and internal roadmaps, business development, operations and go-to-market. Yes, and this is Alex. I am the co-founder of DexGame and CTO. I'm mainly focused on blockchain side and technical infrastructure. And Tom? Yes, I am one of the co-founders and a CTO of DexGame. So I'm mainly focused on token economics and the A-agent aspect to everything that DiamondSwap has. Awesome. Thank you both. So there's going to be some questions coming through on request. I think probably best for now we just stay in a conversation kind of highlights what DiamondSwap is and we let the questions roll through. Yeah. So DiamondSwap is a DEX. You can think of it as a suite of products but primarily the first one is a decentralized exchange that sits on Forthright. First product is a cross-chain exchange that connects Ethereum mainnet and Future Technology. So that basically means you can trade any token that does not equivalent from one network to the other. The second product is our internally developed high frequency trading algorithm Aladin that will basically allow you especially bots great advantages. Third one is our rewards platform. We'll also be launching our points and rewards program when it goes live where you'll be able to loyalty points for Lumi rewards. Then we have several partners we're launching with, Halbornet for BB and Molecule Bridge. I definitely want go over all technical details for Molecule, it's a bit boring for this kind of stream, but definitely important. We have separate streams planned specifically going over the tech. So if you have questions feel free to join us there. For now let's crack on with the conversation but also highlight why it's exciting. Most of us are familiar with decentralized exchanges by this point. You know, they're not exactly they don't exactly have any USP anymore. So what's your unique selling point when it comes to your platform specifically? Yeah, so this is Tom blockchain down. So we're approaching this from a new SEC compliant way. So what we've done in the main that we've really learned from all is the importance of liquidity user participation and protection. So when we say liquidity, we're saying true liquidity where users are actually able to participate and get fair access to liquidity. This is because we are dealing with highly complex technology. So for example, order book, which is a thing in traditional finance but not really utilized currently in blockchain space also our algorithm making very good use of liquidity. So how it's different in short, it's more efficient requires less capital, better protection for users, so everybody is safe from manipulators and you know basically rug pulls. Low fees, better transparency really. So you're always getting asset at the right price honestly without fear. Right. So compare sort of market which you know was poly cause organized since three years but actually end up being gamed. This sort of levels playing field back in users hands just using technology more efficient way. Yeah. Right. Okay. Interesting. Thanks. Alright. So I'd like to, between the technical and business side really interested to, I think many people following the project are as well when not just when going live but also basically the long term vision. What do you guys see happening beyond the alpha? Yeah so we're going live tomorrow as mentioned previously, we're going live in two phases. First phase is intra blockchain. This connects basically people within Ethereum network, which includes fork networks like Ethereum classic and so forth. Then shortly after probably 2-3 weeks we'll go launching cross chain completely. That's because we want to make sure everything's right before opening the gates. Our long term vision involves interoperability where users can hop between ecosystems freely. And as co founder and CEO of DexGame on top of that we're also creating more products based on DiamondSwap technology. Yeah exactly. You know we want build entire ecosystem on top of it entirely. We're looking to bridge not just decentralized financial systems but actually whole stack including lending borrowing investments so. Basically get more users on board. Great. So Patrick, Alex, Tom. We have a question from listener. They're asking for you to explain Diamond Points and you know the loyalty program rewards mechanics how it works in platform. Yeah. Great. So at launch, users will start earning Diamond Points whenever they interact with ecosystem. So think of it as mining for loyalty. These points accumulate and convert depending on your tier. The more you interact the better tier eventually will be. And then you can use those for unique perks. Cool. And how's the feedback been from your initial community? Has it been receptive to these new models or are there any kind of doubts from your community? Has it been any kind of resistance? Yeah, actually community has been quite receptive. When we initially started transparency was key, kept everyone informed. Even during delays, which inevitable especially when pioneering technology. So our discord, telegram members really pushed hard evangelizing that kept morale up. We wanted genuine organic growth. Rather than just fake hype. That's really great to hear man. I think that there's a lot of projects that struggle with getting it off the ground and having some good passionate community is always like the ingredient for success. Yeah, so besides technical side which really was the hard bit, getting the alpha out was challenging. We have around 100 kols currently. Haven't even started Kol round proper. Plan another 250 when we start. But due to my own networks friends everything we're involved in Kol stuff deal flow, million alpha groups planning noise live. Plus partnerships like including Banter, Beam Virtual bacon others crossovers Commonwealth advertising too. Diamond Points go live alpha release so using platform will then earn them you can spend later in reward schemes. That's epic. Yeah, those who attended Banter party at Token 2049 side event titled party for 1% not 99% bit cheek tongue cheek but great meet guys. Co hosting. Alex Tom Patrick diligently working behind scenes finally unveil. That's super awesome. I want test too. How do people find it? Links? Right so go diamondswap dot org also just acquired diamondswap dot com today. Got hold person registered it 2010 privately bought so from tomorrow diamondswap dot com will be live too. Congratulations. Thank you. Thank you for opportunity. You're welcome. Cheers Hank. Bye everyone. Talk soon. Bye.