AMA Recap: The Crypto Blade x One Button Trading
Host: Hello Roman
Welcome to The Crypto Blade Community
Roman: Hi Guys
Host: Let’s start the AMA session, Are you ready?
First Segment: Introduction:
Host: 1. First of all please introduce yourself, and share some information about your team, How big is your team right now?
Please write “done” once you complete your answer!
Roman: My name is Roman, I am Head of Marketing.
Some words about my background. Before I started to work with OB on a full-time basis, I worked as a marketing strategist and created marketing tactics/strategies for dozens of companies, some of them have a turnover of millions per year, like Dynamic Language, Avalon, INATBA, etc.
Earlier I worked as Head of Marketing in Ubix network, a company with almost 15 mln $ market cap.
Our team consists primarily of technology and marketing experts (up to 15 people) with a heavy focus on AI/ML development and product design.
With a track record of dozens of successfully implemented digital apps (web & mobile) including in the fintech space, the team has proven to be suitable for developing AI trading products at the commercial level.
The team at OB has access to vast networks of potential investors, advisors, and local communities of crypto enthusiasts in the Netherlands.
Host: 2. Can you please provide some information about the “One Button Trading” project?
Roman: If I need to explain what we do in OB in one sentence it would be “we create easy-to-use and effective trading tools powered by smart technology”.
Our main product is called “One Button Trader” which is an automated cryptocurrency trading platform that allows its users to create AI-powered trading bots that trade on various cryptocurrency markets 24/7. The platform aims to minimize the complexity of manual trading and substitute emotions in trading with smart technology that takes calculated decisions and risks based on market trends and data.
At its core, the platform is built on top of existing centralized cryptocurrency exchanges like Binance, Kraken, and Bitvavo. By doing so your funds are always safe in your wallet and you only allow our bots to trade with a specific balance from it.
We help crypto investors to grow their portfolio with easy-to-use AI (Artificial Intelligence) / ML (Machine Learning) trading technology.
Join our group for more details — One Button Agent
Host: 3. What are your strengths and weaknesses?
Roman: In fact, there is very little where AI is used as an underlying mechanism for trading (executing trades and placing orders). Most trading solutions use technical indicators (like Moving Averages, Bollinger Bands, etc.) and their different combinations to make a trading strategy. But all these strategies are based on mathematics and formulas — not something you can call an AI. OB Trader is the first public automated trading tool that uses only AI for decision-making. OB Trader is an AI that actually trades for you.
The 2 biggest advantages of OB Trader compared to other platforms on the market:
1. Fully automated trading based on AI/ML. Nobody on the market currently can deliver that One Button experience.
2. Transparent stats — you can watch your bots and bots of other users on the platform trade live and see the statistics for yourself.
The primary weakness is a relatively low number of supported exchanges and market pairs, but we plan to integrate at least 5 more exchanges in the next couple of months!
Host: 4. Can you share more details about the $OBT Token?
Roman: $OBT tokens allow much more seamless integration of the services and offers a substantial amount of utility to the token holders and One Button Trader users.
The primary use case of OBT token is on the One Button Trader online platform itself. Many of the existing product features will be closely tied to token usage creating a clockwork-like token-driven product ecosystem.
We aim to use the token as:
- “Fuel” for our AI which will remove the need for FIAT-based subscription models. It will allow us to charge a small amount of token for each trade the AI takes (similar to a cryptocurrency exchange).
- Reward for our users when they refer new users to the platform.
- Reward for AI developers that publish new AI strategies on the platform.
- Discount on bot “gas” fees is based on the tokens that the user holds.
Host: 5. What’s about your new NFT direction? Please share some words about it.
Roman: Great question!
Here is a shortlist of a few of the benefits from owning an OBT NFT:
- Full ownership of the NFT on the Blockchain (you can list, sell, or keep).
- Create a trading bot that’s one of a kind (visually and performance-wise).
- Feed your NFT trading bot with $OBT tokens (win rewards on the ladder).
- Enjoy discounts for each skin (lower fees per trade and stacking options).
- Unlock additional bot slots (create a whole army of crypto massacres).
- Increase the value of your NFT (better performance, higher listing price).
- Bet on trading bot competitions (use your AI or someone else’s).
- Get VIP access to private Discord rooms (early access to new features).
Also, there are five ways you can earn in your sleep with OBT NFTs:
- Set up an AI bot (it will trade for you without a need for monitoring).
- Level up your NFT (once launched, your AI will start increasing in value).
- Subscribe for weekly competitions (win extra on your best weeks).
- Win airdrops (holders will be automatically pooled for giveaways).
- Tokenback (similar to cashback — get returns based on burned tokens).
2nd Segment: Questions from the Twitter announcement:
6: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project?
Question by Carbon3Oxide
Roman: We love to build the product with our users. We actually do frequent user interviews, integrate various tools to measure consumer satisfaction, and of course, we discuss ideas daily with everyone on our Telegram channel (you should definitely check it out 😛)
We don’t think we know it all and we definitely don’t have it all figured out, so we build One Button Trader closely with everyone in our community.
7: What’s the uniqueness of your project that can not be found in other projects that have been released so far?
Question by Jasonbillings07
Roman: There is a highly negative connotation about automation (especially AI-powered ones) in trading since the tools up until now have been either complete scams or highly ineffective. We are currently on the rise of retail automated trading tools and I believe they are here to stay.
What we believe One Button Trader is superior over its competitors are a few simple things — effectiveness, transparency, and simplicity. We aim to capture the chaos in the cryptocurrency markets and earn a great return on investment for our users while actually providing them with the functionalities they need in order to make the best of their automated trading experience.
Currently, there are not many platforms that actually combine all of those characteristics. Many of our current users come from our competitors’ platforms, so I believe we manage to actually keep our vision.
So, yeah, there is very little where AI is used as an underlying mechanism for trading (executing trades and placing orders). Most trading solutions use technical indicators (like Moving Averages, Bollinger Bands, etc.) and their different combinations to make a trading strategy. But all these strategies are based on mathematics and formulas — not something you can call an AI.
OB Trader is the first public automated trading tool that uses only AI for decision-making. OB Trader is an AI that actually trades for you.
8: Is OneButton safe for beginners? or can only be used by professional traders? then can you explain simply how it will work and how to use it? is this we really just click of One “Button and it will work?
Question by dheerubhai198
Roman: One Button Trader is for everyone. Our main goal is to simplify the trading process and get to the “one button” experience.
What you need to do in order to start trading is:
- Connect a centralized cryptocurrency exchange
- Choose one of our AI bots
- Choose a market (we actually suggest the most suitable for each AI bot)
- Set a balance you want the bot to trade with (we currently use USDT, BUSD, and EUR based markets)
- You are done ✅🚀 (of course then you can monitor the performance of the bot)
We also provide many blog posts for beginners that introduce them to the platform. you can check them out here — https://www.onebutton.trade/blog
3rd Segment: Community round
Q1: Where can I currently buy Token?
Question by biancatan55
Roman: Please go to https://www.onebutton.trade/token, then click on the “Buy OBT” button — you’ll be redirected to Pancakeswap. Also, in a couple of days, we’re going to be listed on Coinstore.
Don’t forget to join our Telegram group — @onebuttontrade to follow our updates!
Q2: Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?
Question by caraduffy
Roman: We like meaningful numbers and we don’t promise but just leave the results to talk. You can check our public statistics page and see for yourself — https://app.onebutton.trade/stats
Q3: Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
Question by anders50
Roman: The contract itself is relatively safe, since it’s based on the highly audited and battletested OpenZepplin. And the extensions we made are only limitations built on top. Our vesting schedule (the main extension) uses a ‘latch’ mechanism, so once it’s in place it can’t be changed.
Also, it was fully audited by Antier Solutions — one of the top smart contract companies in the world.
Q4: Without a working product any idea has zero value. We see many projects are on paper only and no product. So, kindly ensure us that your project is just not an idea and it already has working products or practical use-cases?
Question by Zekksama
Roman: We have been working on One Button Trader for the past almost 2 years. It has been public since last November (2020) and we have grown ever since. We are here to take over 🚀🤘
I believe that’s just the beginning and we have much more to innovate and improve in the space.
Q5: Almost 80% of investors have just focused on the 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?
Question by VerleneSlaughter
Roman: We aim to create a great ecosystem for our token, so it has a purpose, usage, and value for our customers.
Long-term investors and holders of $OBT coin will have special benefits when using the platform such as discounts and early access to exclusive functionalities.
Host: Thank you so much @realizerom for the very detailed answers!
I would recommend to our community please join OneButtonTrade social media channels for more updates