The revolution taking place in the cryptocurrency industry is unprecedented. Despite its potentials, there are still several areas of applications that can benefit society. Having a centralized exchange comes with several bottlenecks besides the issue of central authority. However, with the Blockchain, the issue of centralization can be eradicated.
Ravendex, a decentralized crypto exchange, is working on the first non-custodial decentralized exchange built on the Cardano Blockchain. It allows swift and instant transfer of liquidity and assets between ADA and native Cardano tokens. The Ravendex platform is a cross-chain exchange that will utilize the EUTXO model, which shares liquidity among different assets within the Cardano Ecosystem.
Ravendex is also working on the first lending and borrowing platform built on the Cardano Ecosystem which will be made possible due to the recently released Alonzo Hard Fork update allows smart contracts to deposit and collect interests from assets using pre-defined rules.
1. Quick follower gaining on Twitter within a short period, what is the secret?
CEO: I always know that growth is possible when the right principle is applied. We understood the importance of Twitter and utilized the platform to its fullest. Firstly, we partnered with Twitter promoters to leverage their audience.
2. What’s the idea behind your team’s mysterious identity?
CEO: A project can be anonymous for specific reasons. However, it is fundamental for investors to do their research about any project. The whole concept of Crypto industry is about being decentralized and anonymous, and now attempts are made to change that entirely in name of transparency.
It is laughable that some people think that when a project has an anonymous team, it is a fraudulent project.
3. Because of the anonymous team behind your project, there are several FUDs about the $Rave token on social media. What is your reaction to these FUDs?
CEO: If you have been in the cryptocurrency space, you would know that FUD is inevitable. For instance, Bitcoin was called a scam when it started, and many people refused to buy it. Today, its price is approaching the $100,000 market, and you still think it is a FUD? So when I hear about the FUD about our project, I don’t give a thought to them because just as we are here to revolutionize the cryptocurrency industry, they are here to create fear uncertainty and doubt. Our interests are not aligned.
4. Is there any insight as to where the project is heading now?
CEO: What insight are you referring to? We have everything laid out on our several platforms. For instance, in our Medium blog, you will see our technical updates and documentation pages, which show our Roadmap. In addition, on our website, you can download our Whitepaper, which contains everything you need to know about the project and the sale stages.
5. We’ve talked about the FUD; what is the attitude of Ravendex concerning this?
CEO: We have always had a zero-tolerance regarding FUD. Fudders have only one intention, which is to bring a project down, notwithstanding anything. It is evident that our success, despite being anonymous, has attracted several jealous critics and bitter people who missed the bandwagon or are on the wrong side of the street. We wish them well because Ravendex has been growing exponentially despite these attacks. If there jealously fuels our success more, we look forward to more of these FUDS.
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