BASE.INFO team has interviewed Franklin Peters the CEO of Bitfxt project. We have asked the most topical questions to get acquainted with the project and to learn the future plans of the Bitfxt team.
Please welcome, Franklin Peters.
Please describe your company/project in 2 sentences.
Bitfxt is an IT firm that deals on development of softwares with special interest on blockchain technology. We have built the one of the largest cryptocurrency exchange in Africa.
Why did you decide that blockchain should be the basis of your project?
It is secure and transparent. It is also an amazing technolog.
Why did you launch the ICO? Was it the only option to collect the funds?
We aren't doing ICO basically to raise money for project development, we are doing it for expansion and publicity.
Briefly describe your team. Why these people became the engine of your project?
I chose my team because they are collaborative and smart. We keep adding more great minds to our team as we move.
What are the main centerpiece and the highlight of your project? What will attract the investors' attention?
We have one of the biggest exchange with linient trading conditions. We also have other major solutions for cryptocurrency enthusiast.
What are your thoughts about ICO marketing? Can it be really effective due to all the restrictions and other phenomenas?
Its becoming hard to raise money through ICO.
Why is your project better than your competitors?
We are indigenous and user friendly.
What are the major ways of monetization for your project?
Trading fees and spread.
Which markets are the most attractive for you right now? Do you take in consideration the USA and other countries with the legal restrictions for the crypto crowdfundings?
Africa and Asia.
Describe your project in 3 years? Will it change something in the world?
My project will bring blockchain closer to the people. Our services are targetted to both the learned and unlearned so we made our systems to be easy to use and self explanatory.