TheCryptoBlade x ITBANK AMA Recap

The Crypto Blade
10 min readMar 2, 2023
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INTRODUCTION: On the 1st of March 2023 at 7AM UTC, we held an AMA with ITBANK — A Databank for DEX Which captures and analyzes projects through contract detection, participates in projects through contract execution, and enables users without coding background to enjoy the encryption bonus brought by technology through visual operation… Here is a recap of the event if you missed it.

Basic Introductory Segment

Host (Joe) Q1. Let’s start with you. Tell us a little about yourself and your experience in the Blockchain field. Tell us Little about your Team Members as well.
Kindly reply with “ Done” after you’ve finished answering a particular Question to avoid being interrupted.

Guest (Artom): Ok, let me start first from my teammates

Robert Kayler is a well-known technical expert in blockchain market. He has rich experience in the development and operation of smart contracts in many blockchain companies, and has it technology experience in well-known companies. He joined the ITBANK project in early 2022 and is responsible for the development of ITBANK smart contracts

Daniel is our CTO. He worked three and half years in leading content providing company ( Pragmatic Play), He jumped into crypto full time in 2022, He has touched every part of the crypto stack over the years and fascinated deep through blockchain Ecosystem. He is incredibly excited to have the opportunity to build a core piece of Ethereum’s ecosystem!

I’m Artom, a CEO of the ITBANK. I’m deep into the crypto domain since 2019. since that time I’ve worked with startups as a consultant helping them to develop secure, reliable, and viable products. In General, I’m an evangelist of new technologies and opportunities that we can get from the crypto world.

Done!

Joe Q2. Now, to the business of the day, ITBank is said to be the most valuable crypto asset listing and transaction tracking website in the crypto tool market, but tell us more, introduce us to its Concept, what are it salient features and with what benefit to users?

Artom: Thanks for the question!

ITBANK was created for simplifying the analysis of crypto assets to enable users without coding backgrounds to enjoy the crypto trading world.
Its mission is to continuously provide high-quality token information through blockchain artificial intelligence and contract analysis, provide a reference for users’ decision-making, and create more value for users through derivative services.

Main features
Sandwich
Use of the trading strategy, slippage, gas level, and transaction speed of decentralized exchanges to obtain transaction differences.

Contract inspection
Token name, contact address, coin holding address, LP holding address, transaction fees, open source status, etc.

Scientist (grab lP)
The functions of scientists include: screening of chains (bsc, heco, ethereum, etc.), screening of new pools (lp), and screening the amount of USDT (BNB) corresponding to pools;
Paying users can capture the income by screening the USDT (BNB) quota corresponding to the corresponding chain and pool and then selecting the corresponding USDT (BNB); they can also detect the token contract first, determine the token contract that can be captured, and wait for the corresponding token to be established. Liquidity pool (lp) buys and sells through the interface provided by the platform for the first time;

Done!

Joe Q3. Tell us about ITBANK’S Ecology, Multi-platform detection and how it works. Also, how does ITBANK Increase the mainstream NFT price index of mainstream NFT platforms?

Artom: Sure, Let’s dive in

ITBANK’S Ecology
Increase the mainstream NFT price index of mainstream NFT platforms.
Dex mainstream swap transaction pair monitoring promt.
Hot search section and voting hot section.
Mainstream dex new currency listing prompts and screening functions.

Multi-platform detection
This function is Including but is not limited to the statistics of the liquidity pool of the dex trading platform of the current mainstream public chains

How actually ITBANK Increase the mainstream NFT price index of mainstream NFT platforms?
ITBANK increase the mainstream NFT price index of mainstream NFT platforms in several ways:
— Hosting NFT auctions: host NFT auctions on the platform, featuring high-quality NFTs from popular artists and creators.
— Offering incentives: offer incentives to users to buy and sell NFTs on the platform, such as exclusive discounts or rewards for active users.
— Partnering with popular artists and creators: partner with popular artists and creators to create unique NFTs that are exclusive.
— Providing a user-friendly platform: provide a user-friendly platform that makes it easy for people to buy and sell NFTs.
— Overall, ITBANK can increase the mainstream NFT price index of mainstream NFT platforms by increasing demand for NFTs on their platform and attracting more users to the ecosystem.

Done!

Joe Q4. Do you Have a Native token for ITBANK? If yes, Give us a detailed rundown of its tokenomics and all of its features, including staking and utilities. Security wise also, how secured is ITBANK Generally?

Artom: Yep, ITBANK will issue governance token $ITB
Here is the Tokenomics

Development — 5% — 100,000,000
Sale — 20% — 400,000,000
Marketing — 5% — 100,000,000
Team — 5% — 100,000,000
Liquidity — 65% — 1,300,000,000

Users holding platform currency can enjoy various platform data services.
— Central exchange api interface addition and online notification
— Token information detection
— Token voting rights
— Access threshold to clamp tools.

As for the ITBANK security
There are several key points that should be considered:

Secure code: The underlying code secure and free from vulnerabilities that could be exploited by attackers.

Encryption: Cryptocurrency transactions and communications are encrypted using strong encryption protocols to prevent interception and theft.

Two-factor authentication

Secure key storage: Private keys storing in a secure manner to prevent theft or loss.

Proper access controls: Access to the system restricted to authorized personnel only, and proper access controls should be implemented to prevent unauthorized access.

Joe Q5. In terms of development status, what are you presently working on? Also, could you give us a rundown of your top 2023 priorities?
What comes next for ITBANK?

Artom: In terms of development status, we are working on
— Multi-platform detection
— Increase the mainstream NFT price index of mainstream NFT platforms
— Adding prompt function for the new listing token on exchanges
— Adding a hot search section

As for the priorities for the 2023
2023Q1 Launch ITBANK version 2.0
2023Q2 Update new features
2023Q3 Connect web 3.0 and Internet

Questions From Twitter

1. You are an I. T tool for traditional banks how do ensure data safety for these banks That use this services and your dividends how do I gain that from your platform?
Question by
@EmmanuelHamelo

Artom: If I understand this question correctly, here is my reply)

Conduct thorough due diligence
Implement strict access controls: to limit access to sensitive data to only authorized personnel.
Utilize encryption
Monitor data activity
Maintain up-to-date security measures.
This is some initial activities to ensure data safety for these banks

Done!

2. Since not all NFTs on the marketplace are tradeable and have high value, how will #ITBANK guarantee that the NFTs created, issued, and traded on its platform are valuable and tradeable,and what techniques will it implement to give them a boost in this competitive industry?
Question by
@Lucas64325

Artom: To boost the value and tradability of NFTs we’ll focus on the following steps:

  • Curate high-quality content
    — Building a strong community of buyers, collectors, and enthusiasts can help to increase the visibility and value of NFTs on the platform.
    — Implement scarcity and exclusivity by limiting the number of NFTs that are issued for a particular asset, or by creating limited-edition series of NFTs.
    — Partner with established brands and artists
    — Provide transparency and authenticity by verifying the ownership and provenance of the underlying digital asset, and by ensuring that the NFTs are issued and traded securely and transparently on the blockchain.

Done!

3. What are the key features of ITBANK’s project management platform, and how does it enable non-technical users to benefit from encryption technology?
Question by
@C3n3rifug3

Artom: Will add some context
With the popularity of decentralized trading platforms such as uniswap, sushiswap, and pancakeswap, ordinary users have begun to learn to use such trading platforms. Blockchain scientists get more opportunities to explore because the depth of various currencies on the decentralized exchange platform is unique.

With the intervention of sandwiches (clamps) and scientists, the blockchain industry has also begun to enter the deep-water area. It is difficult for ordinary users to identify good projects, encounter good projects, and find good projects in the secondary market. The secondary market is full of blood and tears.

And here is the solution)
ITBANK captures and analyzes projects through contract detection, participates in projects through contract execution, and enables users without coding background to enjoy the encryption bonus brought by technology through visual operation.

Done!.

4. As you well point out, NFT works of art do not reach their full potential, since there are currently very few platforms that allow you to exhibit and fully enjoy your digital collection, therefore, what will incorporate to give it more utility and demand?
Question by
@GOLDBERG8383

Artom: So the answer will be more general as the question.

Integration with virtual reality (VR) technology: NFT owners could have the opportunity to experience their digital collection in immersive VR environments, providing a new level of engagement and interactivity with their art.

Use in gaming: NFTs could be integrated into various gaming platforms, allowing players to purchase and use unique digital assets within the game, such as avatars or weapons.

Music and other digital media: NFTs could expand beyond visual art and be used for other types of digital media, such as music and videos, allowing fans to own and collect unique pieces of their favorite artists’ work.

Social media integration: Social media platforms could allow users to display their NFT collections and showcase them to their followers, potentially creating a new form of social status.

Fractional ownership: NFTs could be divided into fractional ownership, allowing multiple people to own a piece of a single artwork. This could make NFTs more accessible to a wider audience, as they could own a smaller piece of more expensive artwork.

Done!

5. What is your biggest challenge during the time that you build your project? How do you feel when you overcome this?
Question by
@TarekAhamad4

Artom: Regulatory compliance was a significant challenge. As the regulatory landscape continues to evolve, crypto projects need to comply with various regulations to avoid legal and financial repercussions. This can be a complex and time-consuming process that requires a thorough understanding of the relevant laws and regulations.

When we successfully overcome these challenges, we feel a sense of accomplishment and satisfaction in building a high-quality, secure, and reliable project that meets the needs of users.

Done!

Questions From Live Segment

Q1. According to the roadmap, what are your most important next priorities?
Question by
@laurataggart

Artom: According to the roadmap, what are your most important next priorities?

Here is the the short answert
2023Q1 Launch ITBANK version 2.0
2023Q2 Update new features
2023Q3 Connect web 3.0 and Internet

And here is more detailed reply

  • Multi-platform detection
    — This function is Including but is not limited to the statistics of the liquidity pool of the dex trading platform of the current mainstream public chain
    — Increase the mainstream NFT price index of mainstream NFT platforms
    — Add prompt function for the new listing token on exchanges
    — Add a hot search section

Done!

Q2. How did you get the community involved in developing the project? and how do you build a strong community to grow globally?
Question by
@teodora_rubin_1995

Artom: — Clearly defined project goals and objectives will help community members understand the purpose of the project and how their contributions can make a difference.
— Participating in relevant online communities
— Host events and webinars
— Offer incentives
— Create engaging content
— Focus on education by providing educational resources about the project and the technology behind it can help attract and retain community members who are passionate about the project.

Done!

Q3. What strategy will you implement to bring non-crypto-natives into your ecosystem? How do you keep a balance between developing the technology and also improving the value of your token?
Question by
@Veronikahutchison

Artom: It’s our mission to enable non-crypto-natives and users without coding background to enjoy the encryption bonus brought by technology through visual operation So we captures and analyzes projects through contract detection, participates in projects through contract execution and help them to clarify what is the best assets to invest

Done!

Q4. Are you afraid that some day another project with more innovative technology might replace your project?
Question by
@Mazibar2023

Artom: Nope, I think that when some day another project with start doing the same as IT BANK we’ll be far ahead

Done!

Q5. Is your platform suitable for crypto beginners?#ITBANK Or does it only limited for professional users?
Question by @LAVLi224

Artom: It would be totally beneficial for the crypto beginners and also for the professional crypto traders.

Done!

Closing Remarks:

(Artom) Thanks a lot for such good questions and interesting in ITBANK
Keep track of our socials for the new updates.
Thanks!
Bye!)

Joe: Alright guys,,
That Concludes the AMA with ITBANK,
Below are links to stay updated to the team.
Always remember, this is NFA,
Always DYOR. 👍

🔹 Web:
https://itbank.vip/

🔹Twitter:
https://twitter.com/itbanktool

🔹Telegram:
https://t.me/itbanklink

🔹Medium:
https://medium.com/@itbanktool

🔹Medium:
https://medium.com/@polynetwork

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