Time: July 17th, 2024, 15:00 UTC Gate.io hosted an AMA (Ask-Me-Anything) session with Dylan Cho - Head of BD at XRADERS in the Gate.io Exchange Community. Official Website: https://xraders.xyz/ Twitter: https://x.com/xraders_xyz Follow XRADERS on Twitter and Telegram
Q1: Introduce XRADERS briefly
XRADERS is a decentralized expert curation platform that aims to revolutionize the sharing and utilization of expert knowledge in trading and investment. Built on blockchain technology, it ensures transparency and security while allowing experts to share insights and strategies. Our goal is to democratize access to high-quality trading knowledge, making it accessible to both novice and experienced traders alike.
By leveraging blockchain's immutable nature, XRADERS guarantees that all transactions and insights are transparent and secure, fostering trust within the community. We envision a platform where trading expertise is not limited to a few but is a shared resource, elevating the overall quality of trading decisions and creating a more informed and successful trading community.
Q2: What is the Vision and Mission of XRADERS?
Our vision for XRADERS is to create a vibrant, inclusive community where expert knowledge is accessible to all, regardless of their experience level. By leveraging the power of blockchain technology, we aim to build a transparent, secure, and user-driven platform that empowers traders and investors. We believe that by connecting experts with a broad audience, we can elevate the quality of trading decisions and foster a collaborative environment that benefits everyone.
Our mission is to democratize access to trading knowledge by breaking down barriers and providing tools that enhance learning and decision-making. We strive to create a platform where users can not only trade but also learn and grow, supported by a network of verified experts and a community-driven model that promotes engagement and continuous improvement.
Q3: What is the most standout feature of XRADERS?
Our major feature is the Guess2Earn (G2E) feature which evaluates users based on their market prediction skills, using win-rate as the key metric. Users have to guess the price of BTC in the 0.5% range (bullish vs. bearish)
It is XRADERS’ unique ability to generate expert players who excel at market forecasting. This expertise attracts organic users to our community, and as more users join, the data produced by XRADERS becomes increasingly legitimate.
This not only helps identify top-performing experts but also encourages users to improve their prediction abilities, creating a competitive yet supportive environment. The aggregation of expert insights and user predictions enhances the overall accuracy and reliability of market forecasts on the platform.
Q4: What is the roadmap or core feature which XRADERS is building?
Our roadmap includes several exciting developments. We're working on advanced trading analytics, follow trading via integrating exchange functionality, and enhancing our reward system for community engagement. These updates aim to continuously improve the user experience and expand our platform's capabilities.
We are committed to keeping our community informed and involved in our development process. Regular updates and open communication channels will ensure that our users are always aware of new features and improvements, fostering a sense of ownership and collaboration within the XRADERS ecosystem.
Q5: How does XRADERS distinguish itself from its competitors?
XRADERS distinguishes itself through its decentralized, expert-curated approach to trading knowledge. The platform's blockchain foundation ensures transparency and security, while its community-driven model promotes engagement and collaboration. Verified expert traders and a robust reward system further enhance the platform’s credibility and attractiveness.
The core feature that sets XRADERS apart is our 'follow-trading' system, which leverages expertise within our community. By allowing users to follow and replicate the strategies of successful traders, we create a symbiotic ecosystem where experts share their knowledge, and users benefit from their insights, driving collective success and learning.
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