Jun 2, 2021
Alium Finance AMA Summary with Decentralized Club
Dear, Community,
On the 4th of May, 2021 at 14:00 UTC, Decentralized Club had the honor of hosting Denis
Denisov, Chief Business Development Officer of Alium Finance for an Ask-Me-Anything session
on their Telegram page with a community of over 30,000 people. It was hosted by DC Admin,
May.
The session was divided into four segments. Introductions were made in Segment 1, questions
from the website and Twitter Community were answered in Segment 2 and 3 respectively, and
live questions from the community members in attendance were answered in Segment 4.
If you missed this event and would like to know what Alium Finance is all about, you can find a
recap of the interview here. Note that slight edits have been made for clarity.
Segment 1 — Introduction
[May] Today, we have with us, Denis Denisov, the Chief Business Development Officer from the
Alium Finance team.
You’re welcome, Denis.
It’s an honor to have you here.
Could you please tell us more about yourself and your job description at AliumSwap?
[Denis] Sure
My name is Denis Denisov
I’ve been in crypto since 2018
I take the Chief Business Development Officer position at Alium Finance
I’m in charge of the business side of the Development of the project, bringing in new
Investments, Partnerships, Users, and Business opportunities
[May] Your job sounds exciting and I’m sure you’re great at it.
Let’s move straight to the technical questions.
[Denis] Here is a short intro about our project
Alium Finance is a MultiChain DeFi ecosystem with an ambitious roadmap of CrossChain DeFi
and NFT products.
Alium Swap is a MultiChain Decentralized Exchange with a Cross-Chain option already
operating on Binance Smart Chain and Huobi ECOChain with Ethereum, Near, Matic,
Avalanche, OKExChain, and more coming.
Sure!
[May] This is great!
Okay, first question.
Q1. How did the idea of Alium come up and why does that idea have huge market potential?
[Denis] A few months ago a huge shift happened when ETH DeFi users started migrating to the
BSC network and platforms. Which happened very quickly, but with a lot of Rug Pulls and
Hacks.
And we saw the potential in creating a fully Smart Contract Audited single interface DeFi
ecosystem, for users to enjoy different DeFi products on different Blockchains in a fast, safe and
convenient way.
[May] This is really innovative, I must say.
I must agree that with this idea, your market potential is very promising.
Second question here.
Q2. What’s the core and most important product on offer by Alium?
[Denis] Right now it is Alium Swap, which we already launched
Alium Swap is a MultiChain Decentralized Exchange with a Cross-Chain option already
operating on Binance Smart Chain and Huobi ECOChain with Ethereum, Near, Matic,
Avalanche, OKExChain, and more coming.
[May] Multi-network platform! That’s great.
Question three.
Q3. Can you give us details regarding the recently concluded private round and also the
upcoming public sale?
[Denis] Sure.
The private sale happened back in March, we raised 2.2 million USD from both institutional and
Private Investors in less than 48 hours. Our Private Sale Investors list included Jun Capital,
Exnetwork Capital, Consensus Labs, BlockUnify, Cryptomeria Capital, and others
Our next Milestone is our Public sale which will consist of 4 IDOs on different platforms and an
Initial NFT offering done on our own platform. This will happen between the 10th and 15th of
May and you can already sign up for the whitelist on our Platform or in our Telegram group
[May] Great work there!
And now, the last question for this segment before we move to some website questions.
Q4. Do you have any substantial developments in the pipeline for the rest of the year?
[Denis] Our Developmental Roadmap is very ambitious.
First let’s talk about Alium Swap, for the rest of the year we have 5+ Blockchains to integrate
and Cross-Chain Bridges to build.
As for other Developments we have Smart Staking, Farming, MultiChain NFT Marketplace, and
many other developments planned
Stay tuned for some Big News in the near future
[May] Can you please share your social media links so all the readers can stay tuned for
updates from AliumSwap?
BILLY:
[Denis] @aliumswap_official Here is our official Telegram page
[May] Oh great!
[Denis] Thanks
Segment 2 — Website Questions
[May] First website question.
Q1. Alium Finance is one of the early birds to join the Huobi ECO Chain (HECO) grant program.
How is this grant beneficial to your project, what did you do with the grant and what benefits
does Alium finance get from migrating its smart contracts to the HECO network?
Telegram Username: @JonahApagu
[Denis] We already built our HECO core and released it on our Platform. HECO chain has high
potential and loads of emerging projects. We are one of the first DEXes which supports HECO,
and we plan to create Cross Blockchain Bridges to assist the HECO ecosystem and its projects
with further integration with the DeFi world and other Blockchains. By supporting HECO we are
planning to bring in many users and potentially establish a Partnership with Huobi in the future,
which will greatly help our project.
This Grant Program’s Hackathon is also a great opportunity for us to show the quality of our
product to a wider audience
[May] Solid marketing move there, Denis!
Next question.
Q2. Marketing is the leading factor that helps the project thrive. So what is your strategy to
attract customers and developers to your project in the long term?
Telegram Username: @royati
[Denis] We have a very strong marketing plan developed in close coordination with our Private
Investors and Strategic Partners.
We are looking into establishing both a global presence and local communities. We utilize Social
Media Marketing, Crypto News Publications, and work with Bloggers such as MoonCarl and
Boxmining. And of course — getting out there and doing AMA with a great community such as
this one)
[May] Yes! Thank you for being our AMA guest here :)
Third and last question from this segment.
Q3. What are the chances of someone getting whitelisted for public sale? Any specific criteria?
Telegram Username: @danWickerjil
[Denis] Whitelist only requires to be a real human and have a BEP20 address. Whitelist serves
to provide access to people who want to participate in the sale. We have a limit on how much
one can buy ( which will be announced later) but other than that — it’s first come — first served
[May] Nice!
Are you ready for the Twitter questions?
[Denis] Yeah
Let’s do it!
Segment 3 — Twitter Questions
[May] 😉
Our first question from Twitter.
Q1. How do you work to expand the community and become more popular in Crypto World?
What are you planning in AliumSwap with the other DeFi ecosystems? Do you plan to have
Technological Alliances or be one more competition?
Username: @ETaguebou
[Denis] We are utilizing many different strategies to develop both our Local and Global
community. Through a network of Partnerships and Investors, we expand our communities
every day.
We are also actively growing our network of Partnerships, so far we built a very strong
international network of Partners which includes Jun Capital, Exnetwork Capital, Consensus
Labs, BlockUnify, Cryptomeria Capital, Infinity Capital, Alphabit, Aquablock Ventures, DCI, GFC,
Mantra Dao, LaunchPool, Protocol Ventures, Master Ventures, A196 Capital, Iconomy, FBG,
GBIC, LPVF, Westbridge Capital, BoxMining and Mooncarl
As you can see, we already have some Partners from DeFi ecosystems and we are expanding
it even more day by day.
[May] That’s a lot of great partners under your belt!
More to come in the future, I hope?
[Denis] A lot more to come)
[May] Awesome, Denis, awesome!
Our last question from Twitter.
Q3. How will the demand for your token increase in the future? Or what steps would you take to
increase the demand?
Username: @MariaCahya3
[Denis] I think there is also Q2)
Our Token ALM is a core token of our DeFi ecosystem with a Great deal of utility built in it.
Holding ALM will benefit any user of any of our Products.
At the same time, Alium Finance operates as a DAO, with ALM as the governance token
[May] Oh yeah! Almost missed that.
Now here’s the real last question 😅
Q2. Alium SWAP is a Decentralized AMM Exchange with a Multi-blockchain Option. What
blockchain do you have integrated on your platform at the moment, which ones do you plan to
integrate in the future and how will you achieve interoperability across multiple chains?
Username: @ApaguJonah
[Denis] Great)
We already have Binance Smart Chain and Huobi ECOChain
And we are planning to integrate Ethereum, Near, Matic, Avalanche, OKExChain, and more in
the future
Our Development team is working on creating Cross Chain bridges between these blockchains,
to create a single interface safe and convenient solution
[May] That’s smart!
Now, we’re heading over to the last segment.
In this segment, you’ll pick four really good questions of your choice from the live readers.
I’ll open up the group soon and their questions will come in.
Ready whenever you are.
[Denis] Great
Let’s do it
[May] Okay. I’ll open up the group in a bit.
Dear group members, remember to follow AliumSwap on their Twitter and Telegram pages.
https://twitter.com/AliumSwap
https://t.me/aliumswap_official
Opening up in…
3
2
1
🚀🚀🚀
Open for two minutes!
Chat was then opened for the live community to send in their questions — -
Segment 4 — Live Questions
[May] Whoa.
That’s a truckload of questions.
You can start here.
[Denis] That’s a lot of questions )
[May] I know right? So many people interested in AliumSwap!
[@Aqillaa]
As a very young and new project, how can you convince crypto users that your project is a
project with lots of potentials, and what competitive, unique or advantageous features do you
have that will attract investors from your users?
[Denis] Our main competitive advantage is our Multi Chain solution with Cross Chain options
Our platform offers people a single interface to use different DeFi products on Different
Blockchains
While other multichain DEXes aim for 2 Blockchains, we have 7 on our roadmap already and
more coming
Also, all our smart contracts are fully audited before release by top firms such as Hacken,
CertiK, and Chainsulting (who audited 1inch)
[May] Three more questions 😃
[@BTSmiss]
How is AliumSwap different from other project exchange/swap platforms related to features
FARMING, STAKING, POOL, EXCHANGE, etc.?
[Denis] The main difference is its single interface MultiChain solution with Cross-chain option
You don’t have to switch platforms and wallets when going from BSC to ETH or other, you do it
with a couple of clicks on our Platform
[May] Two more!
[@washinha]
