1) Hi Josh, can you give an introduction of yourself and your core team member.
Director of Operations – Josh Pren – Sr. Project Manager for a nationwide business with revenues of 250+ million per year. Josh brings his experience from being the Director at SHIKO so he and the team are using the lessons learned there to provide Dextera the best potential success going forward into the future.
2) What is Dextera? What is the idea and goals behind this?
Dextera is a BEP20 token being launched through IDO on Nov 19th, 2021. With the meaning behind Dextera Instrumenta translating to “the right tools”, as our name suggests, we want to become synonymous with the tools people will use in their daily crypto lives. Dextera aims to not only develop some of the core platforms the typical utility coins offer, but beyond that, we want to establish platforms and partnerships that will support leading-edge applications meant to improve the overall crypto community.
3) Can you tell us more about your tokenomics and structure?
Our initial tokenomics objectives are simple in nature, we wanted the ability to support growth and adapt to the ever-changing crypto landscape while maintaining an increasing value to our holders.
To do that we start with buyback which increases volume and decreases supply. Another percentage will go to help fund all token related developments, marketing and operations. This reduces the need to sell the token outright for funding. We have Reflections to holders in which team controlled wallets are excluded. Over time with natural profit sharing and vault growth these reflections will decrease to reduce fees on transactions while maintaining a high level of return for holders. Finally, a portion goes into the Liquidity pool to encourage token stability. There is additionally a 2% increased fee on sells, to further encourage holding for long term potential.
Per transaction: 10%buy / 12%sell
2% Buyback of Dextera
4% Token Development (+1% on sells)
2% Reflections to all wallets.
2% To LP (+1% on sells)
4) What marketing plans have you planned out for the next 3 months?
We plan to continue to do AMA’s like this one in the future letting the crypto community know about Dextera. We have already started listing the IDO on some major token sites and will continue to do this especially pushing for a CMC and CG listing early on.
Additionally, we will run ads on some major token sites and apps to increase visibility along with publishing articles further explaining the exciting partnerships coming to Dextera. All of this combined with our own social media marketing comes together for a well-rounded approach to marketing Dextera going forward.
5) Who are your potential business partners down the road?
While always open to partnerships our initial ones are with Ethos by being listed on their SafeDex for our IDO. Then with Rapid Sparks a brand new app is being developed to be the crypto version of IFTTT which our holders will be able to use for free starting soon. Continuing with some impressive partnerships with Indonesia and their emerging economy. That partnership spans from business in nickel mining to a wallet and swap application aimed for widespread use by the public.
6) Where are your revenues coming from? What are your projections like?
Initially from our swap out of Shiko we secured the funds from our LP there, then we ran a small presale for marketing funds, then our IDO in which we hope to secure enough funds to develop and operate Dextera for the foreseeable future. After launch Dextera has a built-in ability to secure 4% of each transaction for more funding to run daily operations and development. With our partnerships in Indonesia slated to give back a portion of their profits to Dextera and its holders we feel we have created a strong platform to run this token sustainably while generating profits for holders.
7) Can you share with us your technology roadmap? Tell us about your vault and swap too.
Our initial swap will be familiar to our Shiko holders that have swapped with us, bringing back the ability to easily buy and sell Dextera and your other favourite tokens as we look for more partnerships to list there. Our Vault will be a place for people to stake their tokens earning a passive income while they hold. Initially, with returns in like token, we hope to expand to offer other options for returns as well. We have other goals which include a platform for talented people to showcase, sell their work or provide their abilities to the community for a fee. The wallet and swap applications we wish to develop have plans to be a payment system on a national scale. More to come as it develops but the future is exciting.
8) Care to tell us about your listing approach? Will you stay on DEX or move on to CEXes?
We definitely plan to work on CEX listings in the future but want to make sure it benefits the token and will not settle for listings with poor ratings that do not work well with the community.
9) Your IDO is on 19 2021. Can you tell us more information about it?
We will list our token on the mysafedex.com platform with the goal of reaching 1000 BNB hard cap.
10) Please share an inspiring quote with our community members.
The rich see opportunity, the poor see opportunity as a scam, Dextera sees an opportunity to be better.