Crypto Thrust x Galaxium Phoenix AMA
Guest : James (CEO- Galaxium Phoenix)
Segment 1 — Project Introduction
Q1)Please brief us about Galaxium Phoenix in detail.
Galaxium Phoenix GMPX is a charity and social coin. It was designed to help people who are less fortunate. My own story of why can also be viewed on our YouTube channel. Helping others has always been the main focus of Galaxium. When you think of new coins you see the CEO flashing around in fancy cars basically spending all your money on Their own life style. THIS DOES NOT HAPPEN AT GALAXIUM. We want to build a coin for everyone to become rich. We want to help as many causes as possible. It’s about being rich for life. Our focus from day one will stay the same and will always be at the forefront of what we do.
Q2)The Name GALAXIUM PHOENIX is very interesting. How did you came up with this name, any story behind it?
So we had the name Galaxium on the old token and we had several issues so when we re launched the new token with tokenomics we decided Galaxium Phoenix GMPX. The phoenix was for the token raising from the ashes which it has done.
Q3) Can you provide an overview of $GMPX Tokenomics ?
So we have set the original tokenomics to 25% this was designed to stop bots from draining LP. 6% goes back to users in GMPX. 5% goes to LP 3% goes to the charity section and 11% goes to the LP fund.
We are currently trying to reduce the Tax section however BSCSCAN are doing this for us slowly. When we locked the token they added a buy tax. This was not added to the contract when we deployed. So each few days tax is returned to each buyer.
Q4)Can you share your Roadmap with us? And tell us more about the goals you are planning to achieve.
The road map has always been smashed with everything we do. We are launching a game which is still in development status. It was meant to be a fast process but as we know these things take time if we want to get it right first time. We are also launching a debit card backed by MasterCard pre paid. This will allow users to transfer GMPX to a card and spend it like you can in shops with your normal debit card. We also have a game called crash due to launch. This will allow users to win GMPX. More information on this will be available this week. Our main big part is the Galaxium Phoenix magazine. This will be massive. We will allow other coins to advertise in it. We will be running interviews with other CEO across all platforms. Payment for the advertising will be in BNB and GMPX will be purchased with this. The wallet holding the GMPX will be locked. So this will simply pump the price whilst adding LP. And making everyone smile :-)
Q5)Which partnerships you have now? Also which partnerships in the Future you will be Heading to ?
Currently we have partnerships with visa and Mastercard we also have partnerships with olive cash and in the future we will have partnership with nuls for staking.
We are also working with the UK police force to help stop cybercrime within crypto. This is a first for any Crypto currency.
Segment 2 — Questions from Twitter
Q1) It seems that your team is anonymous? If yes,why choose to be anonymous? Do you have any plan to reveal your identities in the future? Can you give us some hint of the experience and skills of the team behind your platform & how many people consisting Galaxium Phoniex team?
Myself as the CEO was fully doxed on twitch a few weeks back. The video of this can also be seen on the YouTube channel. The other members of the team have chosen to stay anonymous. I think maybe their looks don’t help. Three ears and four eyes may worry investors :-)
Q2) Your project has good growth potential but the crypto space is not in one of its best moments, can you explain to community members why they should invest in the project & participate in its long-term development?
There will be no other coin or community like this ever. We have great future plans for Galaxium Phoenix. The magazine and working with law enforcement if a first. Plus if you can tell me a telegram group so full of passion and drive like ours then I’d love to see it. CEO s normally vanish and let the community run the group. This CEO is here to stay daily and will continue to do so.
Q3) I see that one of its characteristics is the donation. What kind of institutions do you plan to donate to? Is it possible that some organizations or foundations can apply to apply for your donations?
We have donated to several causes already and will continue to do so each month from small projects to larger projects. Many of the work we do is behind the scenes that is not always a visible to uses l. we do however try and show as much as we can to show full transparency of what we do as a company. At Galaxium Phoenix our motto is basically to help people and pay It forward whether it be a small amount or large amount of this will continue on the daily weekly monthly and yearly basis
Q4) A 25% tax for each transaction carried out means that if I want to buy / sell $ GMPX I must pay a 50% tax, taking into account that users tend to seek lower transaction fees. Do you think that in the long term this could negatively affect the reception of the token? There is only a tax for selling the tax for buying was an error which was indicated previously and is still being confirmed with BSCscan to fix however the 25% tax when you buy it returned every few days
There hasn’t been much negativity regarding the buy tax as users fully understand the issues that we have had we always complete the return Tax if anybody is missing them they contact ambassadors or myself direct
Q5) On Instagram, I noticed that Galaxium Phoenix achieved 13,000 holders by July 13th, now, would you please tell me your strategic plans for increasing the number of holders in August? How do you intend to incentivize long-term holding among the Galaxium Phoenix community?
Over the coming weeks we have competitions to generate more positivity within the crypto world we are currently already running a competition which ends today to win Oculus Chromebook and BNB. This has started to drive the number of users up. We also have billboard advertising in the UK on the 9th August. We also have the tax reducing which will then allow us to take the selling tax down to 13%
Segment 3 — Live Telegram Questions
Q1) The your project has good growth potential but the crypto space is not in one of its best moments, can you explain to community members why they should invest in the project & participate in its long-term development?
This is a long term project with amazing prospects for the future. This is a coin which will grow over years to be as big as bitcoin we hope.
Q2) Yield farming is a new trending so do you have any plan to yield farming system development?
We already have this with olive.cash remember when farming it takes time. Just like growing a crop.
Q3) Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Long term growth is always essential on any investment. We are not a coin to make you a few dollars over night we will make you rich for life.
Q4) Many investors hit and run in the sell and sell session after listing on the first exchange, How did your project prevent early investors from selling their tokens and what benefits you would give them?
Exchanges are not always the best way to go. Pancake swap is an amazing program to use. Exchanges I feel have now become second in line to pancake swap.
Q5) I am initiate crypto industry in 4 to 5 year ago, I seen many project like that but your project soo interesting. But my question this industry So many Rug Pulls and exit scam are happening now. How we can trust this project and believe you are not same like them?
Rug pulls happen on a daily basis. This is an awful thing. We have been here over 4 months now and will be here in 4 years time. We buy the rug we sit on the rug it’s never going to be pulled. And once we renounce the coin to the mooooon.
Q6) What security features will be implemented in #GalaxiumPhoenix to prevent hacking due to errors in smart contracts. Are they audited frequently to identify vulnerabilities?
This is why we are now working with UK law enforcement to stop this.
Q7) Team members is an Internal part of a project. So, tell us how many team members do you have and how many developers are working for this project?
Team of 3 Devs and 12000 amazing users. 24 ambassadors and an wicked shilling team.
I would just like to say that the Galaxium phoenix community is like no other. It’s like 12000 friends all having chats. If you buy $1 you still get the same respect as everyone else. You can contact any team member 24/7 and we always try and support you the best we can. Galaxium phoenix GMPX is here to stay.