AMA RECAP : CRYPTO CHALLENGERS x MEME Venue : CryptoChallengersDDate : 21 APR 2022Time : 10:00 AM UTC.

Guest: JUAN GALVEZ
They shared detailed information and his opinions about the project MEME WEB3 EXCHANGE

SEGMENT 1 INTRODUCTION.

I’m Juan Galvez, I am an entrepreneur and technical leader. I have worked for more than 20 years in the software industry. During this time, I’ve accumulated solid understanding and experience in software design and development processes, bringing comprehensive solutions to tech companies in different spheres such as Fintech, Healthtech and E-commerce.

I am now CEO of MEME exchange. Although as CEO I don’t see myself as the head of the organisation, as such, but rather as a facilitator. Helping our devoted and hard working team to do what they do best.

2.So why should you use the MEME exchange? What makes MEME different? Well MEME is a web3 decentralized exchange.

Without going into the specific details of web3, the main difference between web3 and web2 is that there are no centralised DB where you store the application state.

So what does this mean for you, the user…

Well it means that we don’t hold your data. Not your personal data, because there is no KYC, or your assets. You control your own assets which you can access even if the system is down.

It also means stronger security, against hacking for example. Your assets stay in your own wallet.

And there’s greater anonymity from financial or political restraints or interventions, as I’ve just mentioned there is no KYC. You don’t have to register to use our exchange. Which is important if your countries decides to ban BTC for instance.

2. What is the initial idea of MEME?

A:On March 7, 2022, Coinbase blocked 25,000 individual accounts for political reasons.

This is why we created MEME, we needed a secure, transparent,lightweight and open WEB3 exchange.

MEME Admin | @meme_en,
So why should you use the MEME exchange? What makes MEME different? Well MEME is a web3 decentralized exchange.

Without going into the specific details of web3, the main difference between web3 and web2 is that there are no centralised DB where you store the application state.

So what does this mean for you, the user…
Well it means that we don’t hold your data. Not your personal data, because there is no KYC, or your assets. You control your own assets which you can access even if the system is down.

Q3. Please summarize the core advantages of MEME?

MEME is the world’s first WEB3 cross-chain exchange established in December 2021. It supports trading with a variety of mainstream asset, meeting the four major needs of users for security, light weight, high frequency and low fees.

1. You can connect the wallet and start trading right away
No KYC required, effective protection of user privacy. Connect via the browser in your wallet to start transactions at any time.

2. Web3-style interaction
Users use decentralized wallets to authorize multi-chain stable coins for transactions. Digital assets are stored on the chain, not a centralized server.

3. Liquidation insurance
When liquidation occurs, the platform will pay out a certain percentage to the liquidated user to reduce the risk of the transaction.

4.Secured Contracts
We support various assets as collateral to improve liquidity.

5.Pooling contracts
Cooperation, common profit, double rewards, so as to achieve the full extent of contract trading.

Q4. Is MEME a CEX (centralized exchange) or a DEX (decentralized exchange)?

:That’s really what I want say!

CEX and DEX have their own advantages and disadvantages. For the time being, CEX is still significantly ahead of DEX in terms of trading volume and order quantity for various reasons, one of which is that CEX has a better use experience than DEX in high-frequency trading varieties such as crypto derivatives (e.g. futures and options). On the other end, the advantages of DEX in terms of transparency, privacy and security are obvious, advantages which are granted by blockchain technology.

MEME, neither CEX nor DEX, is the world’s first Web3 exchange, combining the respective advantages of CEX and DEX. It allows users to connect and use MEME.vin with a single click by using wallets such as Metamask, enabling ultra-high frequency contract trading on the basis of asset segregation. The identity information belongs only to the users.

Q5.What can users get at MEME Exchange?

Smooth and secure crypto derivatives trading experience https://www.meme.vin/#/login?invitationCode=GPDQRB

B.Million USD new user package https://help.meme.vin/catalogue/meme-english-guide/activity-center-of-meme/the-second-phase-of-the-new-million-gift-package

C.High level commission agent system
https://www.youtube.com/watch?v=MLDCsqQ8Vlc

D.The future platform coin airdrop object (early users)
https://www.meme.vin/#/login?invitationCode=GPDQRB

Q6. MEME’s team background?

MEME created by a multinational team of technology finance experts and engineers with international support from top-notch partners!

I have 20 years of experience in technology development. As an entrepreneur who went from junior programmer to CTO/CEO of several Internet companies, from Unix to Linux, from Web 2.0 to Web 3, Juan has gauged the changing times with technology, and technology in turn has shaped the way he sees the world. Just like Satoshi Nakamoto did when he logged the Times headline on the Bitcoin Genesis block, Juan added this note to the first line of code for MEME: On March 7, 2022, Coinbase blocked 25,000 individual accounts for political reasons. This is why we created MEME, we needed a secure, transparent and open WEB3 exchange.
https://youtu.be/P6w8z8e2-Cc

Another important associate of MEME，David Chung ，he has over 20 years of successful leadership and entrepreneurial experience in all aspects of the product/innovation market. He has founded three successful companies.
SnappyWire : a global online/offline financial payments platform supporting cryptocurrency payments for individuals and merchants.
weTribe: an autonomous service creation, operations platform and hosting platform based on WTX AI. It is a decentralized and incentivized service creation/management platform for next generation distribution platforms.
Personal awards: Three Series of years of innovation awards at CES, Best of Innovation Award, Infocomm at Las Vegas.

Q7. Will MEME issue a platform coin?

It is entirely possible, but we are not in a hurry to do so, just as Opensea has not yet issued a platform coin. We will continue to launch and improve the brokerage system and user experience, and distribute 10%-50% of the exchange fees to our agents and users, so that everyone can get a good income and grow together with the platform. When the platform grows to a certain scale and needs to further empower the value of the platform and the governance structure will need to be optimized, we will launch the platform coin.

Q8. What is MEME’s brokerage (agent) rebate program?

Q9:Why is it called MEME?

MEME is not only an entertaining symbol, it actually represents a kind of Web3 spirit of challenging authority and freedom.

MEME is such a platform, it does not adhere to the system of centralized exchange, nor does it stick to the various restrictions of decentralized exchange, but takes the strengths of both and makes them perfectly compatible. So we are neither CEX, nor DEX, but Web3 exchange

Q10:Okay, how do I start?

MEME Admin | @meme_en,
[In reply to Biljo Bee]
First, you need to link your wallet to use MEME, I’ll take a screenshot to show you.

Step 2: Link the wallet and sign in (Choose your chain)

Step 3: Asset authorization (transferring assets to a smart contract)

Step 4: Start trading futures and enjoy the WEB3 trading journey!
Note: MEME can support up to 100 times leverage, please be aware of the trading risks.
MEME is the world’s first WEB3 cross-chain exchange established in December 2021. It supports trading with a variety of mainstream asset, meeting the four major needs of users for security, light weight, high frequency and low fees.

Thank you all and I hope you enjoy your WEB3 trading journey at MEME!

Follow our links and keep touch with me:
👉Web(https://meme.vin/)
👉Telegram(https://t.me/meme_en)
👉Discord(https://discord.gg/TSK64gxm9C)
👉Twitter(https://twitter.com/memedaomeme)
👉Medium (https://medium.com/@memedaomeme)
👉Guide(https://help.meme.vin/)