Credits Q&A Session

Greetings!

Q1. Why no more ” meet the team”???

A: Thank you for asking, and we are glad you liked this format of news from us. Creating such content involves the team member. Due to the high number of tasks the team is going through in recent months, we put on pause these publications. However, as soon as Credits wallet is released for public use, we will resume these introduction articles. 

Q2. Does the team have enough money ? to spend on marketing?

A: Yes, the reason the marketing campaign is yet not launched for the Credits wallet is because it hasn’t yet passed the beta public testing process. Marketing activities for this product will be launched in parallel with its public launch. 

Q3. Just to clarify:

- fiat accounts in EURO with the option of top-up transfers from banking accounts or banking cards; does fiat account mean that we will get a personal IBAN, because I thought that was one of the main USPs of the wallet?

A: All prepaid accounts have got their IDs. When you are arranging the transfer you will need to indicate this ID number. We are tracking the activities of the account based on the ID. This number is unique and you will be able to see it in your app. As for the IBAN, no you do not have an IBAN account linked to the prepaid account, however, it does not mean that you cannot transfer money via IBAN, transferring via IBAN is possible in the wallet. 

A: We will be launching marketing and ad campaigns only after the official public release of the wallet. There is no sense in doing it earlier. Marketing should deliver first clients in Europe for the app, further we will measure how these campaigns are performing and edit them focusing on the most successful strategies, bringing us users.

Q5. Any AMA , live video this Q1?

Any clear brief from IGOR about what’s happening?

A: Igor as a CEO of the project is busy with all ongoing decision making processes for the wallet finalization. Please note that as we are very close to the public launch of this product, the number of management questions to resolve is growing each day. Igor is fully occupied with these final touches of the process and we think that closer to the public launch it would be a more suitable time to make a video brief with summary of results and wallet public release announcement. So please stay tuned.  

Q6. On the Road Map, Credits is thinking about implementing mining affecting the circulating supply of CScoin

Q7. Hi, can we get a detailed information about this mining on credits roadmap?

Q8. Why the team will make mining?

It’s because POW more security than POS?

A: Dear all! We have received many questions on the mining subject and we understand your uneasiness about this. As the topic is quite complex, we will issue a separate article revealing the details of the mining agenda, including how it works, the mining benefits and we will cover these above questions as well. We think it is a better approach rather than answering here and receiving extra questions after. So publication will come out next week. We will be happy to learn your feedback and receive further questions, after it is published. 

Q9. Why only two tag on cmc, why not updated platform, credits ecosystem, payments etc? 

A: Thank you for noting this discrepancy, we will be requesting an update of our page as soon as Credits wallet is publically available.