Please tell us more about your team. How many people are behind your project?
3 Founders, 2 Executive team members and 8 software engineers.
Launching a project is no easy task, let alone a sustainable one. What were some of the early challenges your team has faced prior to, during, and post launch?
Launching the project is difficult, and one of the most difficult things was timing the releases to meet the communities’ expectations but also our internal performance tests. To plan new products or features to come out in a timely manner is always the most difficult. It is very hard to predict how long development will take and keeping community engagement and marketing those features at the right time were key. We learned to be transparent with our community and keep them up to date on not only new features but also upgrades that we have made through weekly or biweekly updates.
The blockchain ecosystem is full of options when it comes to chains to build on, but why did your team decide to build on the Cronos chain?
We were excited about getting onto the Cronos chain early as it was in its beta phase when we launched. We wanted to showcase the true power and speed of the blockchain and build our products to take advantage of it. This is why we choose the diamond standard for all of our projects. Of course, the marketing reach of the Cronos Chain and http://Crypto.com was another reason which brought us here.
Any plans on building a cross chain bridge for users holding both Cronos tokens and tokens from other (blockchain) protocols in the near future?
Absolutely, we are already working on different cross chain bridges. We even have plans to expand CroSwap to be a DEX on multiple exchanges all in one location.
Do you have any NFT launch on the horizon? If so, please elaborate.
Yes. We are currently getting ready to launch our Quartermaster NFT collection which will have boosting utility for our Farms on CroSwap. We also have a Founder’s NFT, World Cup Sweepstakes NFT, and Nodey the Whale NFT collection. You can learn more about our Quartermaster NFT here: https://medium.com/@CroSwapDEX/croswap-nft-quartermaster-nft-collection-5ae7e1c37bb2
We’ve seen various projects launch NFTs, but only a handful have real life use cases. Will there be any real-life use cases for your NFTs?
Just a use case in our ecosystem as of now.
If you had to summarize your team’s goal in a nutshell, what is your project set to accomplish on the cronos ecosystem?
Build the best possible DEX as well as all the other tools needed for a truly supported ecosystem. This we feel will allow projects to easily move or expand into the Cronos Network. Products such as MultiSig Wallet or Oracle Services.
One of the criteria that projects get measured by is their TVL. What are some of the strategies that your team is currently working on to maintain a sustainable TVL?
We have plans for marketing our products but one of the best things that will make us gain traction is word of mouth. Our products are superior, they perform better, and they look better. We want to have a platform with a UI/UX that is easy to understand and speed that makes people want to return.
Please tell us more about your World Cup sweepstakes? What does it consist of, and how can the crofam participate?
Our World Cup sweepstakes is a NFT collection where you have the ability to randomly mint one of the participating countries playing in the World Cup. If that team goes on to win you will split a percentage of the prize pool. You have to do to play is go over to https://croswap.com/sweepstakes and min your team! NFT cost is 250 CRO.
Cronos already has a few successful DEX on their Blockchain, how does your team plan on differentiating yourself from the competition?
We are looking to really build up the Cronos ecosystem with tools and products that benefit not only the users but also the projects coming to the chain. We are also not just a fork of an existing DEX. All of our code has been written to ensure we are the best performing DEX out there. The speed of our transactions alone sets us apart.
How do you plan on popularizing your DEX, and how do you plan on attracting new projects to list their tokens on CroSwap?
Our performance and user experience alone is a strong reason for new projects to list on our DEX but we aren’t stopping there. We have plans for future marketing pushes through partnerships as well as easy onboarding for new customers who are looking to enter Crypto Currency.
Where do you see CroSwap in 2 years from now?
A Multichain DEX which is continuing to build and innovate new features across the Cronos Network.
Are you currently working on any new feature(s) or updates that you would like to announce today?
We are really excited about our Quartermaster NFT collection, and we have started to open some whitelist spots that can be won by following our twitter and joining our Discord.
