FAQ Interview with our CEO – pukkamex
We’ve recently gathered the most frequent questions that have been asked on our telegram channel and decided to conduct an interview with our CEO, Mr. Ahmad Sharkatly, we hope that this addresses your most frequest questions!
Pukkamex is a crypto derivative leverage trading platform that shares its revenue with its users
– 25% of gross revenue is distributed to our PUX holders weekly (link to revenue distribution article here)
– Copy trading; allows professional traders to let other traders follow their trading activity and gain a predetermined percentage of the profits they end up making. It’s to the benefit of both newcomers and professional traders (link to copy trading article here)
HOW IS DERIVATIVE TRADING DIFFERENT?
In a nutshell, derivatives trading opens many more opportunity for traders to maximize returns, regardless whether prices are going up or down.
WHAT IS PUKKAMEX’S 3 YEAR PLAN?
We aim to capture 1% of bitcoin’s daily trading volume which is around 24 billion a year in trading volume. This translates to around USD 5 million distributed to PUX holders.
HOW LONG UNTIL PROFITABILITY?
Whether the platform’s revenue turns out to be a loss or a profit will not determine anything FOR PUX holders as gross REVENUE will be distributed.
However, we expect to reach profits after the first 6 months of our operation.
WHAT KIND OF ROI SHOULD I EXPECT?
Of course, we cannot make any promises on ROI. But we are very clear about what kind of volume we aim to capture as well as the revenue distribution. Therefore, it is kind of easy to make the calculation that will show you what to expect as a PUX holder! For more information on that, please read our token economics sheet here (hyperlink).
WHERE DOES OUR MONEY GO INTO AT THE FIRST STAGES?
40% will go for key hires and product development. 20% will be spent on marketing. 30% will be spent on legal and licensing and the final 10% will go towards office space.
WILL YOU CONDUCT AN IEO?
We are in discussions with a few exchanges that cannot be named right now. But do expect some news soon.
DO YOU HAVE AN MVP YET?
We do have a fully functional MVP. Last week a random draw was made on our telegram channel and 10 lucky winners were selected. Those will soon receive their login credentials, test our MVP and give us feedback. Anyone who is interested in testing our MVP is encouraged to contact us on info@pukkamex.com
ABOUT PUKKAMEX
pukkamex just released its fully functional MVP and already has 50,000 users who have already registered on the platform after a highly successful referral campaign. The company’s early private sale continues to attract very strong interest and is selling out quickly after opening early last week. The crowdsale will begin in July and run for a month or until the hardcap is reached. Interested parties are encouraged to contact contibute@pukkamex.com to secure a private sale allocation.
The pukkamex white paper provides further detail on the platform’s advanced technology, token economics, and competitive market advantage. For more information on pukkamex, please visit www.pukkamex.com.
URL: https://pukkamex.com/
Join our Telegram Group: https://t.me/pukkamex
Twitter: https://twitter.com/pukkamex
Reddit: https://www.reddit.com/user/pukkamex
Instagram: https://www.instagram.com/pukkamex/
Facebook: https://www.facebook.com/pukkamex/
Tokenomics: https://pukkamex.com/wp-content/uploads/2019/04/pukkamex-Tokenomics-Go.pdf
Whitepaper: https://pukkamex.com/wp-content/uploads/2019/04/Pukkamex-White-Paper-Release-v2.0-1.pdf
Published at Sun, 07 Jul 2019 15:17:58 +0000
