1) Good day. Tell us more about yourself, please.
Hey, I’m Falcon, one of the founders of DogeX. I run an e-commerce business so I have a deep understanding of marketing and human psychology. I Also have been trading these projects since February so I’m well experienced in this space
2) What is DOGEX all about?
We’ve seen a lot of projects, and it seems like the BSC space is dying, that there is no innovation. Everyone is copying other projects, and not putting that much effort. We’ve been working on DogeX since the start of July, so almost 2 months now because we are treating this like a business. A business needs strong foundations to scale, systems but also a lot of planning. We decided to create DogeX to bring innovation to this space and be the spark that brings BSC back to life. We’re doing this by introducing completely new tokenomics but also doing different marketing strategies.
3) Can you tell us about your tokenomics?
So the features we’ve done are the Stairway to Space, the Fuel Stop, The buyback wallet, the Golden hour and Reflections.
In regards to tax it’s;
13% Buy tax:
➡️ 5.5% Buyback
➡️ 4% Marketing
➡️ 3% Reflection
➡️ 0.5% Project maintenance
18% Sell tax:
➡️ 7% Reflection
➡️ 6% Buyback
➡️ 4.5% Marketing
➡️ 0.5% Project maintenance
4) How does golden hour, stairway to space and fuel stop work?
Stairway to space:
The stairway to space feature is a daily higher low feature. At a random time between 8 PM EST and 11 PM EST each day that’s when the close for this feature happens and the price that it’s at is now the floor, the unbreakable support for the coin. If the coin reaches this support, selling will be blocked. It is not a cooldown period so it happens in seconds. You could have a failed sell transaction but seconds later your next sell goes through
This feature takes place every day at a random time to prevent manipulation. Even on days where the fuel stop feature happens
Fuel Stop:
We need a sustainable long term chart. In order to do that, every 7 days from 12 PM EST to 4 PM EST, there will be a 4-hour window where the price can dip up to 30% below the previous unbreakable support. Whatever the market cap it lands on at 4 PM EST, that will be the new low. If it dips less than 30% then whatever it lands at will be the new unbreakable support.
Golden Hour:
To continue the growth of our project, we need new buyers to be incentivized to do so. Whenever the market cap hits our floor market cap, the unbreakable support, we thought that making buys taxed 0% instead of 13% would help.
As soon as we hit the floor, whether it’s on the way up ( a new higher low is set), or on the way down ( Going back down to our unbreakable support), for 1 hour only all the buys will be taxed 0% instead of 13%.
5) What kind of marketing activities do you have in the next month? Will you consider BTOK too?
Some marketing stunts have been planned for over a month because they took time to set up since there are a lot of moving parts. But we plan on doing marketing towards users in the Crypto space, Gaming communities (extremely untapped audience), but also the real world
And yes we will be doing BTOK and other platforms but with a twist, we understand human psychology so we know that saying “DogeX is the fastest growing cryptocurrency” is not a good banner. So we will be taking our marketing knowledge and applying it to the crypto space. We’re setting up SMS, email marketing as well.
We are also planning on doing a weekly comedy club. We have a team of around 10 animators that we are working with to make videos like this weekly. These types of videos entertain the community, but also comedy is the best marketing as it’s easily shareable content. We already have one on our youtube channel as well!
6) You mentioned partnerships in Phase 3. What kind of partnerships do you have in mind?
Partnerships are very broad but this could be with influencers, communities, other cryptocurrencies, doing a collaboration on a clothing line for example etc. We are really open to anything!
7) Many projects are depending on the tokenomics to get them more revenue. Do you have any other forms of revenues streams?
Well, most of the projects that come in with new tokenomics do really well, but we are also using a lot of avenues to bring in more people to our community whether that’s by doing weekly giveaways/competitions, marketing etc. We have a really big team, in the marketing department alone there are 7 of us, each focusing on one aspect.
8) Buy 13% and Sell 18%. Such structures may not work well with CEX. How do you intend to work around it?
To be honest, we have not really looked into getting on the major CEX’s, it is not our focus. Yes getting on CEX really helps but our main focus right now is to build an amazing community. I also think that there would be a way to whitelist their liquidity pool but I am not a developer so I cannot confirm that.
9) In terms of markets to dominate, where is your primary market and why?
We don’t want to focus on one market, we want an international community. For months I’ve been telling projects don’t focus on the just USA and China, if you look at the Pancakeswap web traffic there’s a lot of communities in all parts of the world such as Russia, Japan, Malaysia, Philippines etc. just to name a few.
10) Tell us more about your presale on 3rd September.
Our presale will take place on the 3rd of September on Dxsale at 5 PM EST
We are aiming to have a whitelist presale only to prevent any bots.
SC: 750 BNB
HC: 1500 BNB
The presale price and launch price will be the same: 300 Billion tokens per BNB
80% of the BNB raised will go to liquidity, and 20% will go to marketing
11) We always end off the segment with an inspiring quote. Can we hear yours?
Haha sure, a quote I like is “Hope is no strategy”
