Credits Q&A Session


Greetings!Welcome to Credits Q&A Session! Thank you for being eager to keep up to date with everything happening at the Credits project. Here are the latest questions from our community.

Q1. Could you provide to the Credits community a clear 2022 Roadmap describing each quarter deliverables, with all the forecasted milestones?

A We have released a strategy for blockchain, and at the end of each quarter we will be providing the summary of results and new milestones for the next quarter. For the Credits Wallet roadmap will be issued in parallel with public release of the wallet, and also results will be released publically on quarterly basis.

Q2. When Credits team is planning to release the fully functional banking product app?
A It will be mid-end of March. This will be the first public version of Credits wallet available for use. You will be able to buy crypto and do operations with fiat. More detailed overview of features will be provided just before the public launch. However, Credits has got a bigger plan for this app, aiming to make it the new number one banking app in the world allowing to use both: digital and fiat assets, as well as providing the trading opportunities within the app. So the app itself will continue to grow in both its functionality and usability, the team will continue enriching it with further new updates of teh app. 

Q3. Why don't you share Credits Monitor as OpenSource project in order to both allow community to help to solve issues related to such important tool and, at same time, to allow externals to trust to what's reported in terms of data?
A Thanks for the question. The proposal is very relevant and we have to think about how to arrange it technically. Currently, the monitor is set in such a way that it contains a number purely internal functioning (for example, the monitor’s admin panel and access to it, which allow you to name tokens and upload their icons). So we need to remove all internally managed features before releasing the monitor to the public. Perhaps we will do it a little later, as of now we have other priorities.

Q4. "Traditionally we are preparing roadmaps for 2022 for Blockchain and FinTech" I would like to ask when it will be? Since the latest news, I realized that at the end of February there will be an internal test and not a public one.

Can you explain that, thank you.

A The Credits Wallet is about to go public in the mid - end of March. There will be separate publication on what features the first public version will have and the following roadmap. As we follow an agile approach, we are adapting the current plan to the development needs. We think it will be clearer and easier to release the roadmap after or in parallel with its public version launch.

Q5. Most of the CEX will not want to list native chain coins unless it is adopted or proven technically. We need to increase liquidity from more CEX and also DEX. Can we create a new bridge (BSC-CS) with liquidity?  this way more people on DEX can buy on BSC chain and can keep in their Metamask and at the same time if someone wants to use CS coin they can swap it back from the the BSC chain through bridge. This way some of the CEX might be interested to list BSC version of Credits (if they do not want to run node by themselves) and we get more exposure.
A The idea sounds interesting, thanks for bringing it up.We will discuss it internally, do throughout research on this subject and then decide if we can realize it. From the first sign, the proposal does look good.   

Q6. Do you guys have any plan to make a poll to know what and how the community really feels about that mining idea and increasing the supply? if yes, that would be great. 

A We are considering this option. There are still open questions in the mining concept and meanwhile the team is happy to accept for consideration any of the community proposals/ideas. 


Q7. The majority of the team are from Russia, with the current condition of Russia and Ukraine recently, are there any obstacles you guys face in developing Credits in the future?
A Thanks for asking this question. The Credits team stays out of politics, and we actually believe that a new generation of financial products based on blockchain or online banking provide to the world more freedom. Team is trying not to get distracted and continues day-to-day tasks to reach the company goals. The majority of the Credits team is based in Russia, that is correct. However, the working routine in urgent situations can be moved to the remote format, though we hope this will not become the case. Potentially, there could be some organizational restrictions, due to the sanctions imposed, but we believe we will cope.