EPIC Team Q&A Transcript

in #bitcoin6 years ago (edited)

Friday the 9th of November, EPIC Coin's CEO and some Core Team members held a live Q&A on Zoom. Aeryus CEO, Nick, joined them for the call as well. We will definitely plan to have more of these live calls in the future. Below are some of the questions most commonly asked.

Q1) Will we inform community of white paper and road-map update?
A1) Of course. We are planning to release a light-paper and road-map by the end of November. The full white paper will come before end of the year.

Q2) Licensing work for P2P Platform (working with fiat) in the US and other countries?
A2) There is no fiat that will actually pass through the platform. Since we will have payment methods (eg PayPal, Paytm, Western Union, etc) integrated, the fiat will pass through those methods. They are already set up and licensed, registered, and regulated.

Q3) Will there be an original Epic mobile wallet that has masternodes and staking?
A3) We would eventually love to make this happen, but as of now there is no set date or quarter yet. Our main focus is on the P2P Platform. You can use Linda coin’s MyStakingWallet mobile app to run MNs and stake for now. And we are planned to be added to Aeryus’ mobile wallet down the road.

Q4) What format will the P2P quarterly report be in?
A4) This format was suggested by VLan and we plan to do something similar to it.
Total completed buy orders: 1000
Total completed sell orders: 1500
EPIC P2P Platform fee: 2 BTC/ETH/EPIC
EPIC MN holders reward: 1 BTC/ETH/EPIC
Best seller: BTC, completed orders 100
Best buyer: EPIC, completed orders 200

Q5) Tell us more about Epic eCommerce marketplace, when is the beta?
A5) This is something we are putting on hold. When this project was first created, the original founder was rather ambitious and wanted to have both the P2P Platform and Marketplace (like an eBay for crypto) done by Q1 2019. Since the change in command, the new team has realized that we are nowhere near ready to start on that marketplace. We’ve found some issues with the P2P Platform that we are hashing out, and our sole concentration is on that. I cannot say whether we will ever get to that marketplace or not. Some of our partners have discussed similar things, so it may be in everyone’s best interest to combine forces and create that together.

Q6) Tell us more about negotiations with Kubo and Aeryus.
A6) The CEO for Aeryus, Nick, was on the call and described in great detail how Aeryus works, what it’s future looks like, and how EPIC falls in to piece. Kubo has also talked many times about this. Just to summarize: Aeryus is a company that deals with blockchain developments, payment processing developments, and cryptocurrency encapsulation. Imagine a mobile wallet that allows you to send crypto through a text message. Imagine large vendors using payment processing on a blockchain level for significant lower fees. Check them out at https://aeryus.io . Kubo is also a payment processing focused project. They already have multiple vendors using Kubo for payments. Epic will be available for payment within those vendors in time. Check them out at https://kubocoin.org . Our goal is to build a transparent and user friendly crypto ecosystem with payment processing, point of sale, and easy of crypto to fiat and fiat to crypto.

Q7) Does the Epic team prefer to stay anonymous?
A7) We have no problem being public. As you know, I, Camron Paulding EPIC CEO, have my real name all over social media. We are KYD verified and will be going public through that soon. We will be adding team pictures and profiles to our https://epic-coin.io website so the public can check us out.

Q8) P2P Platform - How Will KYC / rank system / account sale be implemented?
A8) So KYC is already implemented. There is email verification, mobile phone verification, and ID verification. Are they necessary to use our platform? No. You can create ads and trade without any KYC. However, users do have the option to trade with other users who are verified and reject those who are not. Rank system and account sale? (Essentially the more successful trades an account makes the higher rank it gets. And having the ability to sale an account.) No, we do not plan to have this option. The rank system I can see us adding in down the road for users to see who is more trustworthy, but at this time it is not planned. Selling accounts is definitely not planned.

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