Bantu “Ask Me Anything” (AMA) Event

What can someone do to earn more XBN…??

Why are there no more rewards for referrals? I’ve refered few people but I got no reward for referrals. Why ??

  1. Tell us a few words about your team, how big it is, Do you work remotely? where are you all from?
  2. Bantu business model:
    How do plan to finance your operations since you don’t do any token presale, ICO, STO, IEO Etc… Will this not affect liquidity when trade/ exchange commences?

Questions:

On moving forward through your roadmap, what are your most important next priorities? Does your team have enough fundamental (Funds, Community, ect) to achieve those milestones?

Your BantuPay xbn project has great features. There must be an experienced team behind. Can you tell some about your team and their experiences in the market?

Adoption is one of the most important factors for all blockchain projects to be more attractive in investors’ eyes. So, can you tell us what the Bantu team has the plan to achieve adoption in reality?

1 Like

Q1. is there any plan to enable a more easy way of earning/buying xbn
Q2. Except bittrex exchange are there any already existing plan for XBN to be listed on other exchanges
Q3. will there be an ico

#bantublockchain
$XBN
$BNR
#bantuhuntmeme
#bantuArmy

Is Bantu also looking into DEFI? Are there plans for long term HODLers to earn through staking?

2 Likes
  1. Is there any advantage to using Bantu XBN blockchain than other blockchain like bitcoin, Eth,etc.

What would you say is/are the driving force behind the mission and vision of the Bantu project?

What competitive advantages or selling points does the Bantu blockchain have that no other blockchain has other than its very low transaction fee?

What other innovations are coming to the Bantu blockchain?

We can see you have some interesting alliances with reputable industry leaders from different sectors. Can you share some of the possible outcomes from these alliances/partnerships?

Would the P2P marketplace be launched today as this is the last day in June 2021?

In what direction do you think the cryptocurrency space is heading and would it still be here in twenty years and beyond?

Do you think that the purpose of cryptocurrency has been diffused and abused seeing the proliferation of many crypto projects and scams in the space? What can be genuinely done to curb this?

How would you explain your profession and what you do to a five-year-old?

1-What caused the delay of listing XBN in exchange after the end of Q1 have passed as promised

2- as first quarter and second Q have passed can we know the exact date of listing without mentioning soon, very soon or be patient

I want to ask questions as regards security. What are the measures put in place or you are planning to put in place to guarantee the security of this project? Maybe an audit or what?

Will there be a way of having xbn created on other blockchain like Ethereum, Tron, Smart chain for mass adoption and growth?

Can Bantupay Blockchain be used for election?

Thank you to ALL whom attended the AMA event.
Special Thank you to those that submitted questions here.
Please look out for the Bantu Friday Giveaway :relieved:

You may be the next lucky winner

4 Likes

Click the below link to watch and reminisce the event :point_down:

2 Likes

@Mrconfirm Can Bantupay Blockchain be used for election?

The Bantu Network Infrastructure can be used to design any solution including Blockchain enabled e-Voting (BEV). As a Blockchain Infrastructure, the Bantu blockchain protocol provides a means of logging and verifying records that is transparent and distributed among users. Usually, votes are recorded, managed, counted and checked by a central authority.

Empowerment of Voters
Blockchain-enabled e-voting would empower voters to do these tasks themselves, by allowing them to hold a copy of the voting record.

Unchangeable (immutable)
The voting record on the Bantu Blockchain could not be changed because other voters would see that the record differs from theirs and Illegitimate votes could not be added, because other voters would be able to scrutinise whether votes were compatible with the rules (perhaps because they have already been counted, or are not associated with a valid voter record).

Single Source of Truth
Blockchain enabled e-Voting (BEV) provides a single source of truth and fosters trust and empowers humanity through the development of community consensus.

Empowering Humanity
Blockchain enabled e-Voting (BEV) asserts the primacy of the people. The process is managed by the people and it is transparent, decentralised and bottom-up.

3 Likes

@Lerato Where do cryptocurrencies get their value?

The economic value of cryptocurrency, like all goods and services, comes from supply and demand.

  1. Supply refers to how much is available—like how many bitcoin are available to buy at any moment in time.

  2. Demand refers to people’s desire to own it—as in how many people want to buy bitcoin and how strongly they want it.

Value
The value of a cryptocurrency will always be a balance of both factors.

There are also other types of value.

For example, there’s the value you get from using a cryptocurrency. Many people enjoy spending or gifting crypto, meaning that it gives them a sense of pride to support an exciting new financial system.
Similarly, some people like to shop with bitcoin because they like its low fees and want to encourage businesses to accept it.

Also, the XBN price/ value is determine and subject to change based on market conditions as
BANTU price will depend on demand and supply once in the market.

1 Like

@Lerato Difference between CBDC and Cryptocurries.

Do you know money has always been digital?
The Central bank’s CBDC’s are currency that the bank issues as a digital form in replace of the fiat currency.

So what are cryptocurrencies?

Cryptocurrencies are digital currencies that operate on the Blockchain. There are thousands of them, but most currencies we know that are actually digital currencies are the Naira, Dollar, Euro etc. They exist in digital form and can be sent from mobile devices and they are controlled by the government.

Cryptocurrencies are not controlled by central banks or the government. I know that sounds amazing. Yes, because they run on a decentralized network (where there is no point of failure for where your information is stored and no data center where criminals can gain control of the network) called Blockchain.

Here comes the real truth you have probably been waiting for…Aaah!

As much as the sound of the new technology (CBDC) seems fine to the hearing, it has its own Benefit: It saves the government money used in printing money for the economy.

And Its Weaknesses:

It will block the benefits of privacy as security protection inherent in the blockchain system.

It won’t be referred to as a blockchain product, but a database product.

It will still portray the features of centralization which means you can’t control your own money.

We won’t be able to do things 100% without the government being involved…

3 Likes

https://bittrex.com/Account/Register?referralCode=JWW-FEA-F1V
I just want to know is this bittrex joining link to get bonus??? Please let me know

Yeah could be @Untold0471

1 Like

@Mccoyevans Check this out Earn up to 200% APR in the first Bantu Staking Program!